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The Third Option is highlighting a new school model at Millennial Tech Middle School in San Diego, CA.
Read about it on our blog, The Forebrain Underground.
SAN DIEGO, April 12, 2022 /PRNewswire/ -- Southeast San Diego's Millennial Tech Middle School (MTM), a new member of the community school coalition, is partnering with Groundwork San Diego and UCSD Center on Global Justice to offer a new public education model where children become the direct agents for change within their communities.
In the case of MTM, climate action will become the catalyst to reverse the more long-established climate of inequality continuing to stifle the communities along the Chollas Creek Watershed.
MTM will be converted into the epicenter of environmental education and a new model for schools of the future.
Upon completion, MTM will consist of:
- Upgraded indoor classrooms
- A four-acre outdoor EarthLab with innovative learning spaces
- A Climate Action Design Lab (Makerspace)
The Third Option supports this model. By connecting indoor formal methodology to outdoor experiential learning stations, the EarthLab will be transformed into a Climate Action Park.
- The EarthLab is an interdisciplinary learning environment. The problem of climate change requires the merging of many silos of understanding, in order to co-develop viable solutions; the EarthLab will provide the perfect opportunity to tear down these self-imposed obstacles to participatory democracy and co-develop a social model of interdependency that can extend well into the future.
- The EarthLab is a hands-on experiential learning tool. Traditional education is isolating; once people step outside whatever walls exist around them, and replace their non-experiential collection of secondhand information with real experiences, they will surely be drawn toward more holistic, inclusive solutions.
- The EarthLab is an economic asset. Beyond a cultural space, the EarthLab is meant to be a direct source of essential community needs. Divided into four zones of energy, water, food, and community, the school hopes to impact issues of sustainable energy, clean water, food insecurity, local unemployment, mental health and well-being, as well as the implied societal neglect of the Chollas Creek watershed and the people residing there.
- The EarthLab is a climate asset. Through the Climate Action Design Lab, MTM will harness the power of the EarthLab to empower the youth to achieve both social and climate justice, tackle educational inequality, and open up vocational employment opportunities within their community.
Media Contact:
Dimitry Morgan
619-730-7965
info@3rdoptionparty.org
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SOURCE The Third Option | https://www.kxii.com/prnewswire/2022/04/12/community-school-addresses-inequality-climate-action-through-new-education-model/ | 2022-04-12T21:12:59Z |
Leveraging experience from leadership roles at Finix, Google, Microsoft, and Uber, Satyavarapu will serve as the Nium's technology leader, driving the company's global engineering, strategy, and technology vision for Global Money Movement
SAN FRANCISCO, Aug. 12, 2022 /PRNewswire/ -- Nium, the global platform for Modern Money Movement, today announced the recent appointment of Ramana Satyavarapu as Chief Technology Officer (CTO). Satyavarapu will be responsible for driving global engineering, strategy and Nium's technology vision for Modern Money Movement. Satyavarapu will manage the company's core technology strategy and capabilities that support Nium's business programs and facilitate revenue growth, as well as organize the concepting and implementation of major technical decisions for the company. He will be based in San Francisco, California, and report to Prajit Nanu, Co-Founder and CEO of Nium.
"Ramana is an industry visionary with the ideal mix of finance, technology, and engineering expertise to propel Nium to the next level," said Nanu. "His deep knowledge of platform design and implementation will fuel our growth aspirations as we look to offer even more solutions to more parts of the world."
Satyavarapu brings with him over 20 years of software engineering expertise from companies, including Microsoft, Google, Uber, Two Sigma, and Finix. Prior to joining Nium, Satyavarapu served as the CTO of Finix, where he led engineering, product, and technical support. He started his career with Microsoft in 2001, serving as a founding member of Office 365, which was released globally in 2011. Following his time at Microsoft, Satyavarapu joined Google to spearhead Google Cloud Search effort, which was successfully launched in 2016. At Two Sigma, he led the pioneering effort to create a knowledge graph derived from over 71 petabytes of global finance data and successfully adopted clustering ML techniques to derive quantitative strategies.
"I have watched Nium for a while, and as the fintech landscape continues to evolve, I'm excited about the company's mission to redefine money movement for the modern age," said Satyavarapu. "Nium has built one of the most respected platforms for global payments and I look forward to making my mark on its future as we continue on this growth journey."
Satyavarapu holds a masters degree in computer science from Arizona State University and a bachelors degree in computer science from Andhra University. He also completed executive education programs in leadership and strategy from Harvard Business School.
About Nium
Nium is the global platform for modern money movement. It provides banks, payment providers, and businesses of any size with access to global payment and card issuance solutions. Its modular platform powers frictionless commerce, helping businesses pay and get paid across the globe. Once connected to the Nium platform, businesses are able to pay out in more than 100 currencies to over 190 countries – 100 of which in real time. Funds can be received in 35 markets, including Southeast Asia, UK, Hong Kong, Singapore, Australia, India, and the US. Nium's growing card issuance business is already available in 34 countries, including Europe (SEPA), the UK, Australia and Singapore. Nium holds regulatory licenses and authorizations in over 40 countries, enabling seamless global payments and rapid integration, regardless of geography.
For more information, visit: https://www.nium.com or connect with a specialist here.
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SOURCE Nium | https://www.mysuncoast.com/prnewswire/2022/08/12/nium-appoints-ramana-satyavarapu-chief-technology-officer/ | 2022-08-12T14:41:03Z |
South Fremont Junior High sixth grade teacher prepares to go to a NASA summer experience
ST. ANTHONY, Idaho (KIFI) - Rebecca Porter is in her first year of teaching at South Fremont Junior High in St. Anthony. The science teacher recently saw a post on Facebook which has lead her to apply for a special experience to visit the NASA campus in Houston, Texas.
"I'm a part of, like, a bunch of middle school science teacher forums. And somebody had just posted, Hey, I got to go to this a few years ago," Porter said. "So if anybody wants to apply to go and if you live in Texas because it's in Houston, if you live in Texas, it's real easy to get in because they don't have to go through the hoops for other states."
Some of the hoops she had to go through in order to go on this trip was through a grant system for Idaho Science educators that helps pay for STEM related field trips. Porter says she hadn't heard of them before, "but after talking to them, they were like, get our name out there so that other teachers can apply for things, so that we can use this money for them."
As Porter applied to go to the trip, something on the application itself stood out.
"I really feel like the most exciting thing is so on our little application, it said that do you want to be certified to touch things while you're here at NASA? And it was like this blurb that you're like, Huh? But of course, you you mean I can, like, go in and be able to hands on stuff that's going into space or stuff that's been in space that's amazing."
Porter also hopes to make the experience fun for the whole family after her time at NASA has finished.
Porter says she plans on returning to teach at South Fremont later this fall once the trip is over where she hopes to incorporate many of the different things she's learned into the classes she teaches. | https://localnews8.com/news/education/2022/05/23/south-fremont-junior-high-sixth-grade-teacher-prepares-to-go-to-a-nasa-summer-experience/ | 2022-05-23T18:25:25Z |
Top Allergy-friendly Brand Wins 4 Consecutive Years as Voters' Choice
WESTFORD, Mass., June 22, 2022 /PRNewswire/ -- 110 Grill®, the fastest growing allergy-friendly restaurant brand in the Northeast, has won for the fourth year in a row the New Hampshire Magazine's reader's choice award for Best Gluten-free Options Multilocation Restaurant. More than 14,300 people voted and the results will be published in the July issue of New Hampshire Magazine. 110 Grill's award winning commitment to allergy safety accommodates all allergen needs and the brand is a proud supporter of the Celiac Disease Program at Boston Children's Hospital.
"Providing the safest possible environment with the widest array of options isn't an accommodation we make for our allergy-sensitive guests… it's a commitment and a standard we hold ourselves to daily," said Ryan Dion, chief operating officer, 110 Grill. "Management runs every single allergy plate to the guest and ensures that it is safe to eat. Our New Hampshire guests trust us and it's an honor that they've selected us again as the best."
With a goal of being able to cater to everybody, 100% of 110 Grill's main menu ranging from steaks to salads to burgers and sandwiches can be prepared gluten free. Flour or any gluten products are never in proximity to fryolators in the kitchen. Every meal accommodating an allergy is served with allergen picks for added awareness and safety. In addition, all management teams undergo extensive training and hold current certifications in Food Safety and Allergen Awareness.
Featuring a modern American cuisine in a trendy casual atmosphere with a commitment to allergy awareness,110 Grill is uniquely different from other casual-dining restaurants. The company first opened in Destiny USA in February 2019 and now has locations throughout Massachusetts, New Hampshire, New York, Connecticut and Rhode Island.
Media Contact:
Karyn Martin
karyn@goldenthreadagency.com
617-462-0108
110 Grill® is the fastest growing restaurant brand in New England. With more than 30 locations in Massachusetts, New Hampshire, New York, Connecticut and Rhode Island, 110 Grill is recognized as one of the top allergy-friendly restaurant brands in the United States by AllergyEats and the best Gluten Free Multi-Unit Restaurant by New Hampshire Magazine. Headquartered in Westford, Massachusetts, and established in 2014, 110 Grill is part of RAVentures, which owns and operates hospitality brands and real estate and development companies. https://www.110grill.com/.
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SOURCE 110 Grill | https://www.wibw.com/prnewswire/2022/06/22/110-grill-wins-new-hampshire-magazines-best-nh-award-best-gluten-free-multilocation-restaurant/ | 2022-06-22T14:14:22Z |
JOINT BASE ANDREWS, Md., June 29, 2022 /PRNewswire/ -- Amazing musical entertainers and big name pro volleyball players are heading overseas as part of Armed Forces Entertainment (AFE) summer entertainment series, celebrating Independence Day and sharing a taste of the states for U.S. military personnel serving overseas.
A new addition to the summer entertainment mix, volleyball superstars whose careers range from indoor to beach volleyball, and from college championships to the Pro Beach tour, will bring their high spirits to meet-and-greet events and impromptu games across Eastern Europe July 2, July 4 and July 5. Team members of Sand Slam include these four outstanding athletes.
Ian Satterfield, a Long Beach State standout for the men's Division I indoor team. After college, Satterfield switched to beach volleyball, improving his game throughout his Association of Volleyball Professionals (AVP) career, and represented Team USA in two Pan American Games in 2015 and 2019, and hopes to go to the 2028 Olympics with Team U.S.A. Beach Volleyball.
Brittany Tiegs played at the University of Hawaii at Manoa where she was a two-time All-American, and graduated with a B.S. in food science & nutrition. Representing USA in 2014, Tiegs won the Gold Medal at the World University Championships in Porto, Portugal. Since 2016, Tiegs has played professionally on the Australia National Beach Tour and with AVP.
Ty Tramblie, a setter at Cal State Northridge, recorded the fourth-most assists in school history. In 2004, as a senior, Tramblie was named to the second team All-American after guiding the team to victories over 13 ranked teams. In 2016, Tramblie played in AVP and advanced to his first two career semifinals, winning once in Chicago.
Ali Denney, a Florida International standout, won 15 games her sophomore season and went 6-2 as a junior in 2020 before the remainder of the season was cancelled. In her senior season, Denney posted a 7-1 record with wins over three ranked teams. Denney is currently playing in the AVP, and at only 24 years old, she continues to improve both her game and ranking.
Along with professional volleyball visits, live music performances during July 4th include new talent as well as AFE favorites. Popular show band Sweet Siren that covers Top 40 hits, classic rock and country, with the flare of custom arrangements, is heading to Germany. Band members Carolyn Burgoyne (lead & harmony vocals), Jeff Schreiner (guitar, lead harmony vocals), Jethro Arola (bass guitar, vocals) and drummer Kent Christen energize audiences with top-notch performances. They will perform July 1 USAG RP – Kaiserslautern, Germany; July 2 - 3 USAG Wiesbaden, Germany and July 4 - USAG Grafenwoehr, Germany.
Heat Wave RIMPAC will bring Aloha to bases in Hawaii for an awesome concert experience. Country star Chase Rice known for his "Eyes on You" single that spent two weeks at #1 on Country Radio, will headline. Pop artist MAX, known for "Blueberry Eyes," a collaboration with SUGA, which has already received 250 million+ streams and 40 million YouTube views since its release, will warm up the crowd. Rock band The Red Jumpsuit Apparatus, widely known for their song "Face Down," has hit #1 seven times on various Billboard Rock Radio charts. Marc E. Bassy whose work includes the double-platinum certified song "You and Me" featuring G-Eazy, gold-certified song "Morning," Charlie Puth's platinum album "Nine Track Mind," and G-Eazy's double-platinum song "Some Kind of Drug," will enchant the crowd with his creative pop/R&B sounds. Together, these amazing artists create an all-day, live show event on July 2 - Schofield Barracks, HI and July 4 - Joint Base Pearl Harbor-Hickam, HI.
Singer-songwriter Jerrod Niemann brings his smart lyrics and human insights to his pure Country music. A frequent collaborator with Garth Brooks, he has five chart topping songs: "Drink to That All Night," "Lover, Lover," "What Do You Want," "Shinin' on Me," and "One More Drinkin' Song." This Platinum-certified star will be performing July 1 - USAG Benelux-Brunssum, Netherlands; July 2 - Spangdahlem AB, Germany; July 3 - Ramstein AB, Germany and July 4 - USAG Stuttgart, Germany.
Echosmith, an indie pop band of four siblings, brings its vintage sounds with the only female member, Sydney Sierota, heading up vocals. When the band released their trendy song "Cool Kids," it reached number 13 on Billboard Hot 100, and was certified double platinum in the U.S. and Australia. They are bringing their upbeat music to Europe, performing July 2 - Incirlik AB, Turkey and July 4 at Aviano AB, Italy.
The two sisters who make up Aly & AJ are bringing their energetic pop music to Europe. The duo is known for their debut album, Into the Rush that was certified gold in 2005. From that album, the song "No One" was featured in the soundtrack of Walt Disney's Ice Princess. Both talented guitarists and vocalists, they bring encouraging messages and positive energy to the stage; they will perform July 2- NSA Naples, Italy and July 4 at NS Rota, Spain.
Set your watch for the chill island sounds of Kelandy & The Runners. Bop with friends to an upbeat mix of reggae, pop, rock and soul rhythms backed by powerful vocals and catchy lyrics. Kelandy's entertaining stage presence and musical charms will lift your spirits, and wash away your worries with smooth tropical beats. The group will perform July 2 - Ft. Buchanan, Puerto Rico; July 5 - AUTEC, Bahamas; July 7 - Thule AB, Greenland and July 9 - FOL, Curacao.
"Independence Day takes on special meaning to our service members serving abroad, and AFE is proud to bring outstanding music and sports entertainment to them around the globe as a way to say thank you and to connect them with home," said AFE Marketing & Business Analyst Brian Burke.
About Armed Forces Entertainment: Armed Forces Entertainment (AFE) is the official agency of the Department of Defense providing quality entertainment to U.S. military personnel serving overseas, primarily at contingency operations and in remote and isolated locations. Now in its 71st year, AFE brings a touch of home through music, sports and comedy entertainment to nearly 400,000 troops annually, providing our dedicated military members much-needed downtime.
For more information, schedules, and downloadable images, visit: www.armedforcesentertainment.com, Facebook, Instagram, Twitter or YouTube
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SOURCE Roger Christian & Company | https://www.mysuncoast.com/prnewswire/2022/06/29/stars-stripes-stand-strong-armed-forces-entertainment-bring-live-music-sports-entertainment-us-troops-serving-overseas-july-4th-celebration/ | 2022-06-29T20:17:34Z |
MIAMI GARDENS, Fla. (AP) — Bruce McLaren was a Kiwi, born and raised in New Zealand. His eponymous Formula One team and high-technology supercar company are based in England.
And yet McLaren very much wants to be North America’s official team.
The crowd roared Wednesday night at the Opening Party for the Miami Grand Prix when the Papaya orange — that’s the shade, don’t get it wrong — appeared on stage. In a city used to superstars and the super wealthy, the spectators seemed to be bouncing at the v ery sight of Lando Norris and Daniel Ricciardo.
Their bosses were there, too, but theinaugural Miami Grand Prixhas been built around the star drivers and, wow, does McLaren have a crew. Norris was voted most popular among womenin a fan vote and Ricciardo, the Australian who drinks champagne from his shoe after a win, has the biggest personality in the paddock and counts the United States among his favorite countries.
And then there’s the IndyCar trio of Pato O’Ward, Felix Rosenqvist and Juan Pablo Montoya, among thefirst to drive the sprawling coursearound Hard Rock Stadium when they took laps Wednesday in McLaren road cars.
O’Ward, who turns 23 on Friday, is a Mexican who resides in Texas and IndyCar’s most recent race winner. Like Norris, he won his series’ favorite driver among female voters. Montoya, part of McLaren’s lineup at Indianapolis, is a former McLaren F1 driver and the Colombian was a longtime Miami resident and one of the race ambassadors. Rosenqvist relocated to Indianapolis and the Swede has blended into the community.
It’s the IndyCar team that is McLaren’s ticket to building a base in sponsor-rich North America, which has finally taken notice of F1, and major companies are scrambling to get involved. It’s fertile ground for Zak Brown, the head of McLaren Racing who just happens to be a regular race fan from California.
Brown has had a meteoric rise from owner of an Indianapolis-based marketing firm that dominated the market during NASCAR’s halcyon days and pushed Brown to the front of motorsports. He’s now the quirky American running the late Bruce McLaren’s team his own way.
Brown is a straight shooter who wants to have fun, but takes little credit for McLaren’s gains in relevance both on the F1 grid and in fan popularity. McLaren was voted favorite F1 team in a fan survey and Brown said McLaren’s image has been cultivated through its drivers and a commitment to spotlighting them through thoughtful social media aimed at the targeted younger demographic.
“The drivers are the right age, right personality,” Brown said. “Pato is a combination of Lando and Daniel. Lando’s quite reserved. Quite witty. Daniel comes dancing into the garage. That’s how Pato is with his presence. Pato has the youthfulness of Lando and the extroverted personality of Daniel.”
“Drivers are a big part of it. I think a lot of credit to our digital and comms teams… what do the fans want to see? It’s the whole reason we went back to papaya in the first place. That’s what the fans wanted. Fans know how important they are to us, and we have a good two-way relationship.”
The quest to capture the market is working, but also not that competitive. F1 has only one team owned by an American — Gene Haas — but the series has no American drivers; McLaren signed 22-year-old Colton Herta, an IndyCar star from California, to a testing contract that begins later this year.
McLaren is using this week, one of a recently unthinkable two U.S. races on this year’s F1 calendar, to continue to build its presence. There’s a full “SpeedShop” experience that’s been billed as “top secret” and “the most immersive (race) experience outside of sneaking into the McLaren garage.” The SpeedShop sold out and was offered only to U.S. McLaren fan club members.
At The Wharf in Miami, a customized 2022 McLaren GT is on display all weekend as part of the “Vuse Ultimate Ride” challenge. The car is a collaboration with streetwear brand UNDEFEATED and will be awarded to a fan at the Formula One race in Austin, Texas, in October.
The olive-green car is inspired by the livery designed for the three McLarens in this month’s Indianapolis 500 and will go to the winner of a video submission contest answering “how do you drive change?” The challenge asks consumers to describe in 15-30 seconds the impact they make daily in their community.
“While designing new liveries for Vuse and Arrow McLaren is thrilling, having the chance to help celebrate and reward someone who is on the ground putting in the work and giving back is rewarding,” said James Bond, founder of UNDEFEATED.
Brown just wants to give away a McLaren and make another new fan for the team.
“Without the fans, there’s no motorsports,” Brown said.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/mclaren-takes-miami-in-bid-to-become-north-americas-team/ | 2022-05-05T22:59:33Z |
MCSO believes there could be more victims of alleged scammers
MANATEE COUNTY, Fla. (WWSB) - After arresting two individuals in connection with a pest control scam, Manatee County Sheriff’s Office now says they believe there could be more victims.
Laura Frank and Sean Frank were arrested after they allegedly impersonated exterminators to gain entry to several Bradenton condos in order to steal jewelry, the Manatee County Sheriff’s Office said.
Deputies say they received a 911 call May 12 after the owner of a condo on Lake Bayshore Drive allowed two people in to spray for pests, even though she had not hired anyone to do so. After the exterminators left, she noticed several rings, valued at over $3,000, had been stolen.
When deputies arrived, they spotted a female suspect on the second floor and a male suspect in the parking lot. Both suspects were detained.
Bradenton Police believe the pair are connected to a similar incident within their jurisdiction.
If you recognize either suspect or had a similar experience, you are urged to contact the Manatee County Sheriff’s Office.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/16/mcso-believes-there-could-be-more-victims-alleged-scammers/ | 2022-05-16T16:46:10Z |
FOSHAN, China, June 9, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced its unaudited financial results for the six months of fiscal 2022 ended February 28, 2022.
FISCAL SIX MONTHS 2022 FINANCIAL PERFORMANCE HIGHLIGHTS
Six Months Ended February 28, 2022 (in comparison to the same period of the last fiscal year):
______________________________________________________________________________________________
Overseas Schools (CATS Global Schools)
CATS Global Schools include 4 Stafford House locations in UK and Canada, 4 CATS Colleges in US and UK, Cambridge School of Visual & Performing Arts and 3 independent boarding schools in UK as of February 28, 2022.
- For the six-month period, revenue increased 20.5% and amounted to RMB343.3 million, compared to RMB284.8 million in the same period of last fiscal year, and accounted for 39.3% of the total revenue.
Complementary Education Services
The complementary education services business comprises language training, overseas study counselling, career counselling, study tour and camps as well as international contest training and others.
- For the six-month period, revenue amounted to RMB318.9 million, representing a 7.9% increase compared to RMB295.5 million for the same period of last fiscal year, and accounted for 36.5% of the total revenue.
Domestic Kindergartens & K-12 Operation Services
The domestic kindergartens & K-12 operation services business comprises of for-profit kindergartens and operation services for domestic K-12 schools including catering and procurement services.
- For the six-month period, revenue amounted to RMB211.3 million, representing a 52.1% increase compared to RMB139.0 million for the same period of last fiscal year, and accounted for 24.2% of the total revenue.
UNAUDITED FINANCIAL RESULTS for FISCAL SIX Months ENDED February 28, 2022
Revenue from Continuing Operations
Revenue for the period was RMB873.5 million, representing a 21.4% increase from RMB719.3 million for the same period of the last fiscal year.
Overseas Schools: Revenue contribution for the period was RMB343.3 million, representing a 20.5% increase from RMB284.8 million for the same period of the last fiscal year. The increase was mainly attributable to the recovery of overseas schools operation from pandemic.
Complementary Education Services: Revenue contribution for the period was RMB318.9 million. It represented a 7.9% increase from RMB295.5 million for the same period of the last fiscal year. The increase was mainly attributable to the recovery of overseas study counselling business, expansion of international contest business and other quality education training.
Domestic Kindergartens & K-12 Operation Services: Revenue contribution for the period was RMB211.3million. It represented a 52.1% increase from RMB139.0 million for the same period of the last fiscal year. The increase was mainly due to increase in catering services to the students of K-12 schools and management and operation services for kindergartens.
Cost of Revenue from Continuing Operations
Cost of revenue for the period was RMB614.6 million, as compared to RMB598.6 million for the same period last fiscal year.
Gross Profit, Gross Margin and Adjusted Gross Profit from Continuing Operations
Gross profit for the period was RMB258.9 million, representing a 114.4% increase from RMB120.8 million for the same period of the last fiscal year. Gross margin increased to 29.6% from 16.8% for the same period of the last fiscal year.
Adjusted gross profit for the period was RMB268.3 million, representing a 109.5% increase from RMB128.0 million for the same period of the last fiscal year
Selling, General and Administrative Expenses and Adjusted SG&A Expenses from Continuing Operations (6)
Total SG&A expenses for the period were RMB284.9 million, as compared to RMB248.2 million for the same period of the last fiscal year.
Adjusted SG&A expenses for the period were RMB285.8 million, as compared to RMB246.8 million for the same period of the last fiscal year.
______________________________________________________________________________________________
Operating Loss, Operating Margin and Adjusted Operating Loss from Continuing Operations
Operating loss for the period was RMB22.9 million, representing an 80.2% decrease in loss from operating loss of RMB115.6 million for the same period of the last fiscal year. Operating margin was (2.6%) for the period, as compared to (16.1%) for the same period of the last fiscal year.
Adjusted operating loss for the period was RMB14.4 million, representing an 86.5% decrease in loss from adjusted operating loss of RMB106.9 million for the same period of the last fiscal year.
Net Loss/Income and Adjusted Net Loss
Net loss for the period was RMB52.9 million. Net income was RMB148.5 million for the same period of the last fiscal year, which includes net loss of RMB161.7 million from continuing operations and net income of RMB310.1 million from discontinued operations.
Adjusted net loss for the period was RMB46.4 million, as compared to adjusted net loss of RMB154.5 for the same period of the last fiscal year.
Loss per ordinary share/ADS and Adjusted Loss per ordinary share/ADS
Basic and diluted net loss per ordinary share/ADS attributable to ordinary shareholders/ADS holders from continuing operations for the period were RMB0.42 and RMB0.42, respectively, as compared to loss of RMB1.41 and RMB1.41, respectively, for the same period of the last fiscal year.
Adjusted basic and diluted net loss per ordinary share/ADS attributable to ordinary shareholders/ADS holders for the period were RMB0.36 and RMB0.36, respectively, as compared to loss of RMB1.35 and RMB1.35, respectively, for the same period of the last fiscal year.
Adjusted EBITDA
Adjusted EBITDA for the period was RMB127.7 million, as compared to adjusted EBITDA loss of RMB3.7 million for the same period of the last fiscal year.
Cash and Working Capital
As of February 28, 2022, the Company's cash and cash equivalents and restricted cash were RMB1,492.6 million (US$236.6 million), as compared to RMB1,515.2 million as of August 31, 2021. The company also had short-term investments of RMB1,206.7 million (US$191.3 million) as of February 28, 2022.
RECENT DEVELOPMENTS
On Partial Repurchase of Senior Notes
By order of the board, as at April 12, 2022, the Company had repurchased the senior notes in an aggregate principal amount of US$68,000,000, representing 22.7% of the initial principal amount of the senior notes.
On Going Private Proposal
On April 29, 2022, the Company received a preliminary non-binding proposal letter (the "Proposal") from its Chairperson of the board of directors (the "Board"), Ms. Huiyan Yang, and Ms. Meirong Yang (collectively, the "Buyer Group") proposing to acquire all of the outstanding Class A ordinary shares of the Company (the "Class A Shares"), including Class A Shares represented by American depositary shares (the "ADSs," each representing one Class A ordinary share), and Class B ordinary shares of the Company (the "Class B Shares," and together with the Class A Shares, the "Shares") that are not already beneficially owned by the Buyer Group for a purchase price of US$0.83 per Share in cash in a going private transaction (the "Proposed Transaction"), subject to certain conditions.
On May 6, 2022, the Board announced that it had formed a special committee consisting of three independent directors, Mr. Peter Andrew Schloss, Mr. Jun Zhao and Mr. Ronald J. Packard, to evaluate and consider the Proposal. Mr. Schloss chairs the special committee. The Board cautions the Company's shareholders and others considering trading the Company's securities that no decisions have been made with respect to the Proposal.
CONVENIENCE TRANSLATION
The Company's reporting currency is Renminbi ("RMB"). However, periodic reports made to shareholders will include current period amounts translated into U.S. dollars using the prevailing exchange rates at the balance sheet date, for the convenience of readers. Translations of balances in the condensed consolidated balance sheets, and the related condensed consolidated statements of operations, and cash flows from RMB into U.S. dollars as of and for the six months ended February 28, 2022 are solely for the convenience of the readers and were calculated at the rate of US$1.00=RMB6.3084, representing the noon buying rate set forth in the H.10 statistical release of the U.S. Federal Reserve Board on February 28, 2022. No representation is made that the RMB amounts could have been, or could be, converted, realized or settled into US$ at that rate on February 28, 2022 or at any other rate.
NON-GAAP FINANCIAL MEASURES
In evaluating our business, we consider and use certain non-GAAP measures, including primarily adjusted EBITDA, adjusted net income/(loss), adjusted gross profit/(loss), adjusted SG&A expenses, adjusted operating income/(loss), adjusted net earnings/(loss) per share attributable to ordinary shareholders basic and diluted as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define adjusted gross profit/(loss) from continuing operations as gross profit/(loss) from continuing operations excluding amortization of intangible assets. We define adjusted EBITDA as net income/(loss) excluding interest income/(expense), net, income tax expense/benefit, depreciation and amortization, share-based compensation expense and income/(loss) from discontinued operations, net of tax. We define adjusted net income/(loss) as net income/(loss) excluding share-based compensation expense, amortization of intangible assets, tax effect of amortization of intangible assets and income/(loss) from discontinued operations, net of tax. We define adjusted SG&A expenses from continuing operations as selling, general and administration expense from continuing operations excluding share-based compensation expense. We define adjusted operating income/(loss) from continuing operations as net operating income/(loss) from continuing operations excluding share-based compensation expense and amortization of intangible assets. Additionally, we define adjusted net earnings/(loss) per share attributable to ordinary shareholders, basic and diluted, as adjusted net income/(loss) attributable to ordinary shareholders (net income/(loss) to ordinary shareholders excluding share-based compensation expense, amortization of intangible assets, tax effect of amortization of intangible assets and income/(loss) from discontinued operations, net of tax) divided by the weighted average number of basic and diluted ordinary shares or American depositary shares, each representing one Class A ordinary share of the Company, on an as-converted basis.
We incur amortization expense of intangible assets related to various acquisitions that have been made in recent years. These intangible assets are valued at the time of acquisition and are then amortized over a period of several years after the acquisition. We believe that exclusion of these expenses allows greater comparability of operating results that are consistent over time for the Company's newly-acquired and long-held business as the related intangibles do not have significant connection to the growth of the business. Therefore, we provide exclusion of amortization of intangible assets to define adjusted gross profit from continuing operations, adjusted operating income/(loss) from continuing operations, adjusted net income/(loss), and adjusted net earnings/(loss) per share attributable to ordinary shareholders, basic and diluted. In addition, due to the impact of the amended Implementation Regulations of the Law on the Promotion of Private Education of the People's Republic of China (the "Implementation Rules"), the Affected Entities deconsolidated is classified as discontinued operations, which is a non-recurring item. The exclusion facilitates comparisons of our operating performance on a period-to-period basis. Therefore, we provide exclusion of income/(loss) from discontinued operations, net of tax, to define adjusted net income/(loss), adjusted EBITDA, adjusted net earnings/(loss) per share attributable to ordinary shareholders, basic and diluted.
We present the non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. Such non-GAAP measures include adjusted EBITDA, adjusted net income/(loss), adjusted gross profit/(loss) from continuing operations, adjusted SG&A expenses from continuing operations, adjusted operating income/(loss) from continuing operations, adjusted net earnings/(loss) per share attributable to ordinary shareholders basic and diluted. Non-GAAP financial measures enable our management to assess our operating results without considering the impact of non-cash charges, including depreciation and amortization and share-based compensation expense, and without considering the impact of non-operating items such as interest income/(expense), net; income tax expense/benefit; share-based compensation expense; amortization of intangible assets, tax effect of amortization of intangible assets, and without considering the impact of non-recurring item, i.e. income/(loss) from discontinued operations. We also believe that the use of these non-GAAP measures facilitates investors' assessment of our operating performance.
The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Interest income/(expense), net; income tax expense/benefit; depreciation and amortization; share-based compensation expense; and tax effect of amortization of intangible assets, have been and may continue to be incurred in our business and are not reflected in the presentation of these non-GAAP measures, including adjusted EBITDA or adjusted net income/(loss). Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.
About Bright Scholar Education Holdings Limited
Bright Scholar is a global premier education service company, which primarily provides quality international education to global students and equip them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, the Company's business plans and development, which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
IR Contact:
GCM Strategic Communications
Email: BEDU.IR@gcm.international
Media Contact:
Email: media@brightscholar.com
Phone: +86-757-6683-2507
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SOURCE Bright Scholar Education Holdings Ltd. | https://www.wibw.com/prnewswire/2022/06/09/bright-scholar-announces-unaudited-financial-results-six-months-fiscal-2022/ | 2022-06-09T22:51:51Z |
Meriden’s new fitness court hope to keep residents active
TOPEKA, Kan. (WIBW) - The city of Meriden has a new spot for residents to stay active.
Blue Cross Blue Shield of Kansas joined forces with the National Fitness Campaign to open fitness courts across Kansas. The campaign’s goal is to give residents equitable access to high-quality workouts.
“Those areas like small towns across the state that don’t otherwise have a lot of access,” said the director of BCBSKS Blue Health Initiative, Virginia Barnes. “They don’t have the resources some of our other communities have, but it is still just as important for them to be able to be physically active.”
Meriden applied for a grant with the organizations and won the first court in the state.
“We are a small city of only 800 and so we like to make changes if we can... and now to have this here, super excited,” said Meriden Mayor Dana Boyer.
According to Blue Cross Blue Shield, about 10 fitness courts are expected to open across the state by the end of 2022.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/20/meridens-new-fitness-court-hope-keep-residents-active/ | 2022-05-20T23:30:02Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Oscar Health, Inc. ("Oscar" or the "Company") (NYSE: OSCR) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Oscar investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Oscar Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's March 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
OSCR 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) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation result relating to 2019 and 2020; (4) Oscar was on track to be negatively impacted by significant SEP membership growth; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Oscar during the relevant time frame, you have until July 11, 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.kxii.com/prnewswire/2022/06/02/oscr-lawsuit-alert-levi-amp-korsinsky-notifies-oscar-health-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T11:27:27Z |
What’s the best smoker grill?
Americans love their barbecue. Over 70% of households own a grill or smoker. Smokers offer a time-tested process that cooks meat slowly at lower temperatures. It creates a distinct taste that many people crave and return to when grilling out.
There are many types of smokers for every type of household. For its high quality and durability from one of the leading brands, the best smoker grill is the Weber Smoky Mountain Cooker 22-Inch Charcoal Smoker.
What to know before you buy a smoker grill
What are the types of smoker grills?
There are many types of smokers.
- Horizontal offset smokers are the ones used by professionals. The smoke is generated in a firebox and travels through the main chamber and out a smokestack. This method can cook large amounts of meat.
- Box smokers are shaped like a box and load through a front door. They can cook large quantities of meat, too. Look for box smokers with thick insulation to ensure proper temperature control.
- Drum smokers are the most basic style. They are lightweight and can be moved around, but struggle with larger cuts of meat.
- Pellet grills have a hopper filled with pellets, either manually or, with advanced styles, electronically. They have good reputations as both grills and smokers. The key is how quickly pellets are fed into the hopper.
- Kamado grills are easily identified by their egg-shape design. They work as both smokers and grills but require a deflector plate to transition to a smoker. They are expensive but look stylish and are durable for people who cook out regularly.
- Vertical water smokers are small but efficient. The heat source, usually charcoal, heats a water pan that regulates the temperature and keeps meat moist. They don’t cook a large amount of meat at one time.
How are smoker grills fueled?
There are multiple fuel sources for smoker grills — wood, pellets, charcoal, propane or natural gas. One isn’t superior to any other fuel source. The key is keeping the inside temperature of the smoker close to 225 degrees for long periods of time. Choose the fuel source you are most comfortable with and can regulate best.
Is smoked meat healthy?
There is a lot of conflicting information about the benefits and risks of eating smoked meat. There is evidence that smoked meat increases sodium and some carcinogens. However, the key is moderation. Eating smoked meat only occasionally, along with a healthy diet and regular exercise, greatly reduces any health risks.
What to look for in a quality smoker grill
Size
Offset and box smokers are best for smoking large amounts of meat. The grill plate is larger and easily accessible. Kamado and vertical smokers have racks that can be used to expand the smoking capacity, but they can be hard to navigate.
Temperature control
The key to taste and moistness is regulating the internal temperature for long periods of time. Electric or gas-powered smokers are easier to use, since you can set a dial and walk away. More serious grill masters use wood or charcoal, which takes more attention and skill to get right.
Insulation
Insulation is important for keeping heat trapped inside the smoker. Smoker grills with thicker metal and tighter seals do the best job keeping heat from escaping.
How much you can expect to spend on a smoker grill
There are three price ranges for smoker grills.
- Inexpensive smokers for under $100 are typically smaller and won’t moderate the temperature as consistently as more expensive smokers, due to less insulation.
- Moderately priced smokers between $100-$250 are best for people who use the smoker occasionally. Temperature control improves in this price range.
- Expensive smokers are priced between $250-$500 ,with larger capacity and better insulation due to thicker metal. They are best for entertaining large dinner parties.
Smoker grill FAQ
What is the best way to light charcoal in a smoker?
A. Use a charcoal chimney, which lets you light more charcoal at the same time. A newspaper is good for lighting the charcoal. Avoid lighter fluid or charcoal with additives, since they can make your food taste strange.
Which is better for smoking, wood chips or chunks?
A. Wood chips burn faster than chunks. They are best for quick smoking sessions of 20 minutes or less. If you plan to smoke meat for over one hour, chunks are better — they last longer and won’t need to be replaced right away.
Should I clean my smoker?
A. The smoker doesn’t need to be cleaned. The residue buildup provides seasoning to future sessions. To burn off fat deposits, cook the smoker at a high temperature without anything inside. Metal racks and drip pans can be cleaned separately.
What’s the best smoker grill to buy?
Top smoker grill
Weber Smoky Mountain Cooker 22-Inch Charcoal Smoker
What you need to know: From a leading brand, this smoker has easily adjustable dampers and plenty of room for large cuts of meat.
What you’ll love: With a porcelain enameled lid and bowl, it resists peeling. The fuel door is removable to make adding wood or charcoal easier. A silicone temperature grommet monitors the temperature. Two cooking grates and a protective cover are included.
What you should consider: It is one of the most expensive smokers, but should last a long time.
Where to buy: Sold by Amazon and Home Depot
Top smoker grill for the money
Char-Broil The Big Easy TRU-Infrared Smoker, Roaster and Grill
What you need to know: This versatile smoker also grills and roasts with a large cooking area.
What you’ll love: Using Tru-Infrared technology, it cooks food consistently without flare-ups. The smoker box adds flavor. It has 180 square inches of cooking space and can roast up to 25 pounds of meat.
What you should consider: There were some reports that the drip tray doesn’t fit tightly.
Where to buy: Sold by Amazon
Worth checking out
Dyna-Glo Signature Heavy Duty Vertical Offset Charcoal Smoker and Grill
What you need to know: This smoker has a friendly design, large cooking space and a thick steel body.
What you’ll love: Made from heavy-gauge steel, the smoker has cool-touch handles and lid grip. Five chrome-plated cooking grates fit in the spacious 1,382 square inches of cooking area. A temperature gauge shows the ideal temperature to maintain.
What you should consider: This smoker puts out heavy smoke when in use.
Where to buy: Sold by Amazon and Home Depot
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/patio-br/grilling-outdoor-cooking-br/best-smoker-grill/ | 2022-05-24T19:27:55Z |
Bradenton man arrested by Sarasota PD after fentanyl found during traffic stop
Published: Sep. 2, 2022 at 4:01 PM EDT|Updated: 34 minutes ago
SARASOTA, Fla. (WWSB) - A Bradenton area man was arrested by Sarasota Police for fentanyl trafficking.
Police arrested Lashay D. Smith, 32, following a traffic stop on Monday evening.
On August 29, Sarasota Police officers stopped a vehicle in the 1900 block of Orange Avenue, Sarasota, for illegal tint. When officers searched the vehicle and Smith, they found illegal narcotics and paraphernalia including:
- 45.9 grams of Fentanyl
- 14 grams of Hydromorphone
- 40.1 grams of Cocaine
- 33.8 grams of Marijuana
- 4.5 grams of Oxycodone
- 2 Oxycodone/Acetaminophen pills
Smith was given multiple traffic citations including Sunscreen Material on a Windshield (for the illegal tint) and No Valid Driver’s License. Smith is facing multiple felony charges for:
- Trafficking in a Controlled Substance (Fentanyl)
- Trafficking in a Controlled Substance (Hydromorphone)
- Trafficking in Cocaine (28-199 grams)
- Possession of Marijuana within 1000′ of a School with Intent
- Sale/Possession with Intent of a Controlled Substance within 1000′ of a School/Child Care
- Possession of a Controlled Substance
Smith was transported to the Sarasota County Jail where he is being held on a $169,000 bond.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/02/bradenton-man-arrested-by-sarasota-pd-after-fentanyl-found-during-traffic-stop/ | 2022-09-02T20:35:39Z |
Ada man tried to lure kids with “mobile petting zoo,” undersheriff says
ADA, Okla. (KXII) - An Ada man is in jail after around 20 people say they saw him trying to kidnap a child at a rodeo event on Saturday.
According to the Pontotoc County Sheriff’s Department, Micah Perkins labeled his car a “mobile petting zoo” and drove it around at the Pontotoc County Agri-plex, asking kids to come inside.
“There was not only the one child involved,” Undersheriff Arnold Scott said. “There were several that he had attempted to get to come to his ‘mobile petting zoo.’”
Scott said Perkins used chalk paint to write “Mobile Petting Zoo” on his car, which had two dogs, a cat, a chicken, and a snake inside.
Several kids told deputies he tried to lure them inside.
According to a sheriff’s report, one 14-year-old girl told him no, but Perkins persisted.
“He began to follow her in his car and try to block her in between a trailer and a fence that was there on the Agri-plex grounds, and was evidently waving a stick at her,” Scott said.
Scott said the girl did the right thing when Perkins came after her- she made as much noise as she could.
“She was screaming, hollering for her parents, telling him ‘no, get away,’ she didn’t want to, and other parents that were in close proximity heard her screaming and yelling at this guy,” Scott said.
After calling 911, several parents confronted Perkins, who drove away, but he wasn’t done yet.
“Went out the south entrance, turned and came back through the Agri-plex for some reason, and ended up striking two parents that were trying to stop him, struck him with the car,” Scott said.
Another man tried to climb in Perkins’ car through an open window, and Perkins tried to stab him with a large knife, according to the report.
“We were heading out to the Agri-plex, ended up encountering the vehicle up here,” Scott said. “I guess he was coming up to the sheriff’s office, cause the parents were then chasing him with the vehicle.”
Perkins is now in jail with no bond.
Scott said the sheriff’s department will have a deputy at every event at the Agri-plex now.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/15/ada-man-tried-lure-kids-with-mobile-petting-zoo-undersheriff-says/ | 2022-06-15T23:48:31Z |
Five new experiences and three integrations drive unprecedented results in <60 days from kickoff to launch.
NEW YORK, June 28, 2022 /PRNewswire/ -- Wyng, the leading zero-party data platform, today announced the early results of implementing its latest innovations in personalization for LĒVO Oil Infusions. By delivering preference-based personalization in record time, LĒVO was able to double its average visitor engagement and improve conversion by 29%.
Christina Bellman, CEO of LĒVO says, "Reaching customers is harder than ever with the changes in data privacy norms. We knew personalization with Wyng would be powerful, but we were blown away to see how much engagement and conversion increased immediately after launching just a few personalized experiences."
LĒVO is a pioneer in herbal infusion with patented appliances and a wide variety of recipes and accessories sold primarily through the website. Like many retailers, LĒVO faces a major challenge in engaging a broad audience with very different needs. Their products are used by DIY beauty and home health enthusiasts, professional chefs, and passionate cannabis users of all ages and skill levels. Traditional targeted ads and landing pages that rely on third-party data are becoming more expensive and less effective. To continue to acquire customers in this environment, they need to instantly understand and personalize their website for any anonymous visitor who lands on their site.
LĒVO partnered with Wyng to build preference-based personalization using zero-party data for their Shopify-based site in record time. The flexibility of the Wyng software and services helped LĒVO create deeply personalized experiences in record time. After kicking off the project in April, the first set of experiences launched in early June.
- Next Best Questions: Online visitors encounter two different experiences that collect recipe size and type preferences and then deliver instant value in the form of relevant content and product recommendations.
- Contextual Preferences: Users can easily add their favorite categories to their personal preferences, such as keto, vegan, desserts, lunch, or dinner. This enables LĒVO to recommend the products that are most likely to interest that particular visitor.
- Personalized Recommendations: LEVO embedded a shoppable product recommendation for anonymous and known visitors in various pages based on preferences collected during their current and previous sessions.
- Preference Center: By providing a central location where customers can update their needs and preferences whenever they want, LĒVO builds trust with customers and ensures a relevant brand experience.
- Integrations: The LĒVO implementation of Wyng includes integrations with several different platforms, including Shopify for eCommerce, CMS, and CRM, Klaviyo for email, and Attentive for SMS. Integrating zero-party data from Wyng with these platforms enables LĒVO to communicate relevant content throughout the customer relationship, keeping customers more engaged and loyal.
Early results show double the website engagement as well as a 29% higher conversion rate for visitors. In the future, LĒVO plans to implement more preference-based personalization by leveraging user-generated content, product quizzes, surveys, gamified experiences, and more.
Wendell Lansford, Chief Marketing Officer and Co-Founder of Wyng shared, "Wyng exists to help brands understand their customers better, in order to serve them better. LĒVO has a passionate and growing customer community, and we look forward to continuing to help them leverage zero-party data to strengthen customer relationships, and grow revenue by providing more relevant, rewarding, and trustworthy experiences based on each customer's personal preferences."
To learn more about Wyng, visit www.wyng.com and see the case study and video testimonial.
Wyng is the world's leading zero-party data platform. Built on a zero-party data API and privacy by design principles, Wyng makes it easy for marketers to deliver customer experiences that are always welcome, relevant, and compliant. More than 250 brands and enterprises use Wyng to build relevance and trust with their customers. To learn more, visit https://wyng.com.
LĒVO is the first of its kind: a premium kitchen appliance that allows you to infuse butter or oil with herbs at home, mess-free. We've automated a traditional process of botanical infusion that's usually messy and tedious, so more of us can enjoy homemade edibles, wellness products, and other creations at home. To learn more, visit www.levooil.com.
Media Contact:
N6A for Wyng
wyng@n6a.com
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SOURCE Wyng | https://www.kxii.com/prnewswire/2022/06/28/lvo-doubles-engagement-increases-conversion-by-29-with-personalization-based-zero-party-data-powered-by-wyng/ | 2022-06-28T13:31:19Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of 17 Education & Technology Group Inc. ("17 E&T" or the "Company") (NASDAQ: YQ). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether 17 E&T and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On or around December 4, 2020, 17 E&T conducted its initial public offering, selling 27.4 million American Depositary Shares ("ADSs") priced at $10.50 per ADS. Then, on June 10, 2022, 17 E&T announced its first quarter financial results, reporting a net loss of $3.9 million alongside a nearly 50% fall in revenue from the prior year to $36.82 million.
On this news, 17 E&T's stock price fell $1.65 per share, or 21.31%, to close at $2.40 per share on June 10, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/08/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-17-education-amp-technology-group-inc-yq/ | 2022-08-09T07:30:58Z |
SUGAR LAND, Texas, April 11, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today announced that the extraordinary general meeting of Noble shareholders (the "General Meeting") relating to Noble's previously announced proposed business combination (the "Business Combination") with The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling") will be held on May 10, 2022 at 9:00 a.m., Central Time, at Noble Advances Training and Collaboration Center, 12550 Reed Rd., Ste. 200, Sugar Land, Texas 77478.
On April 11, 2022, the U.S. Securities and Exchange Commission (the "SEC") declared effective the registration statement on Form S-4 (File No. 333-261780) of Noble Finco Limited ("Topco") relating to the Business Combination, and Noble will mail the definitive proxy statement/prospectus for the General Meeting to shareholders as of April 8, 2022 (the "Record Date"). Shareholders are encouraged to vote in advance of the General Meeting and will have until May 9, 2022 at 11:59 p.m., Central time, to do so. Voting in advance is easy and can be done in one of three ways: online, via telephone or by mail.
All Noble shareholders as of the Record Date are encouraged to vote in favor of the Business Combination.
Noble is a leading offshore drilling contractor for the oil and gas industry. Noble owns and operates one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry. Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921. Currently, Noble performs, through its subsidiaries, contract drilling services with a fleet of 19 offshore drilling units, consisting of 11 drillships and 8 jackups, focused largely on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide. Noble is an exempted company incorporated in the Cayman Islands with limited liability with registered office at P.O. BOX 309, Ugland House, S. Church Street, Grand Cayman, KY1-1104. Additional information on Noble is available at www.noblecorp.com.
With 50 years of experience operating in the most challenging offshore environments, Maersk Drilling (CSE:DRLCO) provides responsible drilling services to energy companies worldwide. Headquartered in Denmark, Maersk Drilling owns and operates a fleet of offshore drilling rigs and specialises in harsh environment and deepwater operations. For more information about Maersk Drilling, visit www.maerskdrilling.com.
This press release includes forward-looking statements within the meaning of the federal securities laws with respect to the proposed transaction, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the products and services offered by Noble and Maersk Drilling and the markets in which they operate, and Noble's and Maersk Drilling's projected future financial and operating results. These forward-looking statements are generally identified by terminology such as "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "should," "project," "target," "plan," "expect," or the negatives of these terms or variations of them or similar terminology. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based upon current expectations, beliefs, estimates and assumptions that, while considered reasonable as and when made by Noble and its management, and Maersk Drilling and its management, as the case may be. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties.
Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of Noble's and Maersk Drilling's securities, (ii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the business combination agreement by the shareholders of Noble, the acceptance of the proposed exchange offer by the requisite number of Maersk Drilling shareholders and the receipt of certain governmental and regulatory approvals, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement, (iv) the effects of public health threats, pandemics and epidemics, such as the ongoing outbreak of COVID-19, and the adverse impact thereof on Noble's or Maersk Drilling's business, financial condition and results of operations, (v) the effect of the announcement or pendency of the transaction on Noble's or Maersk Drilling's business relationships, performance, and business generally, (vi) risks that the proposed transaction disrupt current plans of Noble or Maersk Drilling and potential difficulties in Noble's or Maersk Drilling's employee retention as a result of the proposed transaction, (vii) the outcome of any legal proceedings that may be instituted against Noble or Maersk Drilling related to the business combination agreement or the proposed transaction, (viii) the ability of Noble Finco Limited ("Topco") to list the Topco shares on NYSE or the Nasdaq Copenhagen, (ix) volatility in the price of the combined company's securities due to a variety of factors, including changes in the competitive markets in which Topco plans to operate, variations in performance across competitors, changes in laws and regulations affecting Topco's business and changes in the combined capital structure, (x) the effects of actions by, or disputes among OPEC+ members with respect to production levels or other matters related to the price of oil, market conditions, factors affecting the level of activity in the oil and gas industry, and supply and demand of jackup rigs, (xi) factors affecting the duration of contracts, the actual amount of downtime, (xii) factors that reduce applicable dayrates, operating hazards and delays, (xiii) risks associated with operations outside the US, actions by regulatory authorities, credit rating agencies, customers, joint venture partners, contractors, lenders and other third parties, legislation and regulations affecting drilling operations, compliance with regulatory requirements, violations of anti-corruption laws, shipyard risk and timing, delays in mobilization of jackup rigs, hurricanes and other weather conditions, and the future price of oil and gas, and (xiv) the ability to implement business plans, forecasts, and other expectations (including with respect to synergies and financial and operational metrics, such as EBITDA and free cash flow) after the completion of the proposed transaction, and to identify and realize additional opportunities, (xv) the failure to realize anticipated benefits of the proposed transaction, (xvi) risks related to the ability to correctly estimate operating expenses and expenses associated with the transaction, (xvii) risks related to the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations, (xviii) the potential impact of announcement or consummation of the proposed transaction on relationships with third parties, (xix) changes in law or regulations affecting Noble, Maersk Drilling or the combined company, (xx) international, national or local economic, social or political conditions that could adversely affect the companies and their business, (xxi) conditions in the credit markets that may negatively affect the companies and their business, and (xxii) risks associated with assumptions that parties make in connection with the parties' critical accounting estimates and other judgements. The foregoing list of factors is not exhaustive. There can be no assurance that the future developments affecting Noble, Maersk Drilling or any successor entity of the transaction will be those that we have anticipated.
These forward-looking statements involve a number of risks, uncertainties (some of which are beyond Noble's or Maersk Drilling's control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements or from our historical experience and our present expectations or projects. You should carefully consider the foregoing factors and the other risks and uncertainties that affect the parties' businesses, including those described in Noble's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other documents filed from time to time by Noble and Topco with the SEC and those described in Maersk Drilling's annual reports, relevant reports and other documents published from time to time by Maersk Drilling. Noble and Maersk Drilling wish to caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. Except as required by law, Noble and Maersk Drilling are not undertaking any obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
In connection with the proposed business combination, Topco has filed a Registration Statement on Form S-4 (which Registration Statement was declared effective on April 11, 2022) with the SEC that includes (1) a proxy statement of Noble that also constitutes a prospectus for Topco and (2) an offering prospectus of Topco to be used in connection with Topco's offer to exchange shares in Maersk Drilling for Topco shares. Noble will mail the proxy statement/prospectus to its shareholders in connection with the vote to approve the merger of Noble and a wholly-owned subsidiary of Topco, and Topco will distribute the offering prospectus in connection with the exchange offer. Should Maersk Drilling and Noble proceed with the proposed transaction, Maersk Drilling and Noble also expect that Topco will file an offer document with the Danish Financial Supervisory Authority (Finanstilsynet). This communication does not contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any investment decision or any other decision in respect of the proposed business combination. INVESTORS AND STOCKHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT/PROSPECTUS AND THE OFFERING DOCUMENT RELATING TO THE PROPOSED BUSINESS COMBINATION IN THEIR ENTIRETY, IF AND WHEN THEY BECOME AVAILABLE, AND ANY OTHER DOCUMENTS FILED BY EACH OF TOPCO AND NOBLE WITH THE SEC IN CONNECTION WITH THE BUSINESS COMBINATION OR INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TOPCO, MAERSK DRILLING AND NOBLE, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS.
Investors and shareholders are able to obtain free copies of the proxy statement/prospectus and all other documents filed with the SEC by Topco and Noble through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders are able to obtain free copies of the proxy statement/prospectus and other documents related thereto on Maersk Drilling's website at www.maerskdrilling.com or Noble's website at www.noblecorp.com, or by written request to Noble at Noble Corporation, Attn: Richard B. Barker, 13135 Dairy Ashford, Suite 800, Sugar Land, Texas 77478.
Maersk Drilling, Noble and their respective directors, executive officers and certain employees may be deemed to be participants in the solicitation of proxies from the shareholders of Maersk Drilling and Noble, respectively, in connection with the proposed transaction. Shareholders may obtain information regarding the names, affiliations and interests of Noble's directors and officers in Noble's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on February 17, 2022, and Items 10 through 14 of Part III of Amendment No. 1 thereto on Form 10-K/A, which was filed with the SEC on March 11, 2022. To the extent the holdings of Noble's securities by Noble's directors and executive officers have changed since the amounts set forth in such annual report, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Information regarding the names, affiliations and interests of Maersk Drilling's directors and officers is contained in Maersk Drilling's Annual Report for the fiscal year ended December 31, 2021, and can be obtained free of charge from the sources indicated above. Additional information regarding the interests of such individuals in the proposed business combination will be included in the proxy statement/prospectus relating to the proposed transaction when it is filed with the SEC. You may obtain free copies of these documents from the sources indicated above.
This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction, in each case, in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act and applicable European or the UK, as appropriate, regulations. Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including, without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.
This announcement is not a public takeover offer and this announcement does not represent a formal decision by Topco or Noble to make a public takeover offer within the meaning of section 4(1) of the Danish Takeover Order (Executive Order no. 636 dated 15 May 2020), and such formal decision by Topco to make a public takeover offer in accordance with section 4(1) of the Danish Takeover Order is conditional on the approval of a prospectus approved in accordance with Regulation (EU) No. 2017/1129 of 14 June 2017 (the "Prospectus Regulation") or a document that satisfies the exemptions in article 1, paragraph 4, subparagraph m and paragraph 5, subparagraph e of the Prospectus Regulation, by the Danish Financial Supervisory Authority. If and when Topco formally launches the exchange offer, it will be made in the form of an offer document to be approved by the Danish Financial Supervisory Authority in accordance with the Danish Capital Market Act (Consolidated Act no. 1767 of 27 November 2020 on Capital Markets, as amended) and the Danish Takeover Order.
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SOURCE Noble Corporation | https://www.wibw.com/prnewswire/2022/04/11/noble-corporation-announces-may-10-2022-extraordinary-general-meeting-approve-business-combination/ | 2022-04-11T21:45:14Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- J.P. Morgan Private Bank announced today that it has hired a three-person team in Chicago that collectively oversaw more than $2 billion in client assets in their prior positions, as well as a team lead for its Winnetka office. The Private Bank's Chicago market has seen extensive growth over the past five years and has and has doubled its business in terms of assets managed.
"The greater Chicago area has long been an important market for our business, and it is a critical part of our growth and expansion plans," said David Frame, Chief Executive Officer, J.P. Morgan U.S. Private Bank. "These new hires are tremendous additions to the team and terrific examples of our commitment to hiring the most client-focused advisors in the industry."
With over five decades of combined experience, Amy Welzer, Jennifer Jones and Steven Hoffmann joined the firm from Citi Private Bank. The team collectively oversaw more than $2 billion in client assets in their previous roles, and will report to Neal Gram, Managing Director, Chicago Market Manager.
- Rejoining the firm as a Managing Director and Banker, Amy Welzer serves ultra-high-net worth individuals and families providing tailored wealth planning needs including investments, trust and estate, banking, and philanthropy.
- Jennifer Jones also rejoins the firm as an Executive Director and Banker providing wealth planning services to ultra- high-net worth individuals and families ranging from investments, trust and estate, banking, and philanthropy.
- Steven Hoffmann joins the firm as an Associate and Banker responsible for providing comprehensive investment and relationship support for families and ultra-high-net worth individuals.
"I had the great fortune of working with Amy and Jennifer during their time at JPMorgan and have seen first-hand the value and expertise they can offer to our clients and teams," Gram said. "I am thrilled to welcome them back to the firm and look forward to the positive impact the entire team will have in helping clients achieve their most important financial goals."
Additionally, Jaime Freeman joined as a Managing Director, Market Team Lead in Winnetka reporting to Maggie O'Brien, Managing Director, Team Lead and Banker in Chicago and Winnetka. Jaime brings more than 16 years of industry experience, a proven track record for delivering an exceptional client experience and providing integrated solutions across wealth planning, investment management, trust services and insurance. She joins the firm from BMO Wealth Management, where she was a Managing Director.
J.P. Morgan Private Bank last year announced plans to double its advisor headcount by adding 1,500 new advisors by 2026. Across the Greater Chicago region, the Private Bank is looking to hire as many as 75 advisors over the next five years and has already added 60 from the beginning of 2021 through the start of June 2022. Globally, the business has increased advisor headcount by 18% year-over-year.
J.P. Morgan Private Bank provides customized financial advice to help wealthy clients and their families achieve their goals through an elevated experience. Clients of the Private Bank work with dedicated teams of specialists that bring their investments and financial assets together into one comprehensive strategy, leveraging the global resources of J.P. Morgan across planning, investing, lending, banking, philanthropy, family office management, fiduciary services, special advisory services and more. The Private Bank oversees more than $1.9 trillion in client assets globally. More information about J.P. Morgan Private Bank is available at privatebank.jpmorgan.com/.
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SOURCE J.P. Morgan Private Bank | https://www.wibw.com/prnewswire/2022/08/02/jp-morgan-private-bank-adds-two-billion-dollar-advisor-team-its-chicago-business/ | 2022-08-02T13:54:19Z |
Dolly Parton said she'll "accept gracefully" if she's inducted into the Rock & Roll Hall of Fame. She previously requested to withdraw her nomination from the hall of fame, which the music institution declined.
The widely beloved, ever-humble Dolly Parton said in a new interview that she'd "accept gracefully" if inducted into the Rock & Roll Hall of Fame, one month after she said she wanted to withdraw her nomination.
Speaking to NPR about her new book with James Patterson, "Run, Rose, Run," Parton said that she'd "just say thanks and I'll accept it because the fans vote" if selected to join the storied music institution. She previously said she hadn't felt she'd "earned that right" to be inducted into the hall of fame.
Parton told NPR that when she said she wanted to "respectfully bow out" of the nomination process, she thought the hall of fame "was for the people in rock music." The Rock & Roll Hall of Fame has made an effort to induct artists whose work isn't neatly defined as "rock," including Jay-Z, Madonna and Johnny Cash, among many others.
"So I just felt like I would be taking away from someone that maybe deserved it, certainly more than me, because I never considered myself a rock artist," she said in a Friday interview. "But obviously, there's more to it than that."
In her initial statement, Parton said she didn't want "votes to be split because of [her]" and asked the hall of fame's voters to reconsider her if she's "ever worthy."
But shortly after Parton requested to withdraw her name in March, the Rock & Roll Hall of Fame Foundation said it would keep Parton in the running. Her name had already appeared on the ballot sent to voters, the foundation said, alongside nominees including A Tribe Called Quest and Dionne Warwick.
"From its inception, Rock & Roll has had deep roots in Rhythm & Blues and Country music," the foundation said in a statement in March. "It is not defined by any one genre, rather a sound that moves youth culture. Dolly Parton's music impacted a generation of young fans and influenced countless artists that followed.
"We are in awe of Dolly's brilliant talent and pioneering spirit and are proud to have nominated her for induction into the Rock & Roll Hall of Fame," the foundation said.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/dolly-parton-now-says-shed-accept-a-spot-in-the-rock-roll-hall-of-fame/article_bc694b8d-2f77-5ab4-a98b-d8b24d7e9c4e.html | 2022-04-29T18:22:40Z |
Michigan GOP picks candidates with Trump clout on the line
GRAND RAPIDS, Mich. (AP) — Michigan Republicans met Saturday to pick candidates for statewide races that former President Donald Trump has sought to sway while flirting with another run for the White House.
About 2,500 party delegates began voting at a convention center in downtown Grand Rapids. The event is a test of Trump’s clout in closely watched contests for attorney general and secretary of state — Michigan’s top law enforcement and elections jobs, which are currently held by Democrats.
Trump is backing his allies Matthew DePerno for attorney general and Kristina Karamo for secretary of state, even holding a rally for them weeks ago. The political newcomers support his false claims about his 2020 loss in the swing state. If they win at the “endorsement” convention over other Republicans, they should have a clear path to being officially nominated at a second convention in August and facing Democratic Attorney General Dana Nessel and Secretary of State Jocelyn Benson in November.
Trump has said his preferred candidates would not let Michigan be “stolen” in the next presidential election. He lost the state by 154,000 votes to Joe Biden. Trump’s preferred slate has drawn criticism, however, within a wing of the GOP that views the candidates as unelectable in the fall and is frustrated that state party’s leaders have openly backed them rather than be neutral.
DePerno’s main rival for the nomination is Tom Leonard, a former legislative leader and the party’s 2018 nominee whom Trump later nominated for U.S. attorney in western Michigan. State Rep. Ryan Berman also is running.
Bernadette Smith, one of the party’s vice chairs, told the crowd that DePerno “is the only candidate who will fight for election integrity.” As DePerno’s supporters walked to the front of the hall to demonstrate their support, a video played of Trump touting DePerno and calling Leonard a “RINO” — or Republican in name only.
DePerno unsuccessfully sued after human error led rural Antrim County to erroneously show a local victory for Biden over Trump. It was quickly corrected but was used to spread misinformation about voting equipment.
DePerno was in “the field working when no one else was,” Smith said.
Republican U.S. Rep. Jack Bergman urged delegates to support Leonard.
“Mark my words: Democrats are motivated and we will only win if we put our best candidates forward,” he said. “I truly believe he’s the only candidate in this race with integrity, grit, determination and the skills to not only win in November but to perform the duties of attorney general on day one.”
In the secretary of state’s race, Karamo — a community college instructor — is facing state Rep. Beau LaFave and Chesterfield Township Clerk Cindy Berry.
In a sign of how pervasive election falsehoods have become, the party is using machines to tabulate votes but, in a change, also hand-counting the ballots in a compromise with activists. Results are not due until mid- to late-afternoon depending on whether a second round of voting is needed if no one gets a majority of votes.
Nominees for Michigan’s statewide races are chosen at party conventions except in gubernatorial and U.S. Senate primaries. The midterm election climate is expected to favor Republicans, but incumbent attorney generals and secretaries of state rarely lose.
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Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/23/michigan-gop-picks-candidates-with-trump-clout-line/ | 2022-04-23T20:21:28Z |
CARSON CITY, Nev., Aug. 17, 2022 /PRNewswire/ -- Lithium-ion batteries have dominated the battery sector for decades. But lately, issues concerning the environment and the need to develop a more sustainable battery cell have encouraged experts to build a better alternative. Lithium Iron Phosphate (LFP), technically known as LiFEPO4, has proved to be a much better option in this regard. LFP battery cells pack many benefits for contemporary campers. A very few camping power supply brands worldwide have adopted LFP. Nevertheless, considering its sustainable benefits, LFP's use will only increase with time.
Camping has become more responsible than ever. Accordingly, modern-day campers demand an efficient yet sustainable camping power supply with a safe camping product for the environment. AceVolt's Campower is precisely the portable power station that serves this need. It features an LFP battery cell that provides better safety against the lithium-ion counterpart, which has been reported to encounter multiple spontaneous combustion incidents.
LFP offers higher stability. Some of the benefits of LFP battery cells include,
- Higher charging and discharging efficiency
- LFP crystal comprises the P-O bond, which provides higher stability and is challenging to decompose
- The battery cells have a longevity higher than their conventional counterparts
- The cells have a higher capacity than ordinary batteries
- LFP batteries have a higher temperature resistance (around 350 to 500 degrees Celsius)
- LiFEPO4 batteries are environment-friendly. They do not consist of heavy and rare metals. They are non-toxic and non-polluting batteries
- LFP batteries do not have a memory effect. It refers to using the battery in the state it is, without requiring to discharge or recharge it
- Additionally, LiFEPO4 is maintenance-friendly. It does not require active maintenance to extend its service life
The above advantages make LiFEPO4 a preferred battery alternative among campers.
As the provider of one of the leading portable power stations in the world, AceVolt, with its product AceVolt Campower, supports the power supply needs of campers. The company has always been responsive toward environmental requirements and has kept innovating camping products that reflect its environment-friendly approach.
LiFEPO4, also termed LFP, are non-toxic, non-polluting, heat-resistant, and efficient batteries that help campers keep up with both their power supply requirements as well as the environment. Additionally, they are low on maintenance and offer a greater extent of stability to ensure operational safety.
AceVolt Power
Website: www.acevolt.com
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SOURCE AceVolt Power | https://www.mysuncoast.com/prnewswire/2022/08/17/acevolt-campower-embraces-sustainability-with-lfp-battery-cell/ | 2022-08-17T13:47:47Z |
PITTSBURGH, Aug. 9, 2022 /PRNewswire/ -- "I wanted to create a fun and easy way for pets to enjoy a meal while traveling in the car with their owner," said an inventor, from Browns Mills, N.J., "so I invented the ANIMAL/ PET FAST FOOD MEAL. My design could make stopping for fast food with a pet more enjoyable."
The patent-pending invention provides a unique way for pets to enjoy a meal, treat or ice cream while on-the-go or traveling. In doing so, it offers an alternative to packing and transporting a supply of food, water and a pet toy. As a result, it increases convenience and it allows a pet to feel like part of the family. Additionally, the invention features a simple design that is easy to purchase and enjoy so it is ideal for pet owners.
The original design was submitted to the New Jersey sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-HOF-180, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/08/09/inventhelp-inventor-develops-on-the-go-mealtreat-pets-hof-180/ | 2022-08-09T16:04:00Z |
OSHKOSH, Wis., July 25, 2022 /PRNewswire/ -- Boeing's [NYSE: BA] 2022 Pilot and Technician Outlook (PTO) forecasts demand for 2.1 million new aviation personnel over the next 20 years to safely support the recovery in commercial air travel and meet rising long-term growth.
The long-term forecast shows that 602,000 pilots, 610,000 maintenance technicians and 899,000 cabin crew members will be needed to support the global commercial fleet over the next two decades. The worldwide fleet is expected to nearly double and grow to 47,080 airplanes by 2041, according to Boeing's recently released Commercial Market Outlook.
This year's PTO represents a 3.4 percent increase from 2021, excluding the Russia region, which is not forecast in this year's PTO due to sanctions that prohibit exports of aircraft manufactured in western countries and market uncertainty. China, Europe and North America represent over half of the total new personnel demand. The fastest growing regions are Africa, Southeast Asia and South Asia, with all three regions expected to grow more than 4 percent over the forecast period.
"As the commercial aviation industry recovers from the pandemic and plans for long-term growth, we anticipate a steady and increasing demand for aviation personnel, as well as the ongoing need for highly effective training," said Chris Broom, vice president, Commercial Training Solutions, Boeing Global Services. "Our customer-centric approach and digital expertise includes a commitment to delivering data driven, competency-based training and assessment solutions as well as technologies that meet the evolving needs of our customers."
New digital solutions to enhance the efficacy and efficiency of training would include immersive learning experiences and virtual learning platforms.
Projected demand for new pilots, technicians and cabin crew by global region for the next 20 years is approximately:
Learn more about the Pilot and Technician Outlook
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
Certain statements in this release may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "may," "should," "expects," "intends," "projects," "plans," "believes," "estimates," "targets," "anticipates" and similar expressions generally identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, business prospects, financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on expectations and assumptions that we believe to be reasonable when made, but that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict.
Many factors could cause actual results to differ materially and adversely from these forward-looking statements, including lower than planned production rates and/or delivery rates; economic conditions in the United States and globally; general market and industry conditions as they may impact us or our customers; reliance on our commercial customers, our U.S. government customers and our suppliers; the overall health of our aircraft production system, as well as the other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made, and we assume no obligation to update or revise any such statement, whether as a result of new information, future events or otherwise, except as required by law.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.
Contact
Jennifer Non
Boeing Global Services
Communications & Media Relations
571-344-2619
jennifer.c.non@boeing.com
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SOURCE Boeing | https://www.mysuncoast.com/prnewswire/2022/07/25/boeing-forecasts-demand-21-million-new-commercial-aviation-personnel-enhanced-training/ | 2022-07-25T15:50:50Z |
Study reveals key findings on workforce mobility from more than 2,100 frontline employees
CHICAGO, July 21, 2022 /PRNewswire/ -- Cara Collective, a leader in poverty alleviation, is proud to announce the release of a national study on upward mobility for frontline employees: Bridging the Advancement Gap: What Frontline Employees Want—and What Employers Think They Want. The study was led by Cara Collective's expansion arm, Cara Plus, thanks to analysis from McKinsey & Company and with support from Walmart.
Bridging the Advancement Gap is one of the largest national studies on frontline worker upward mobility. More than 2,100 frontline employees and 300 employers of various sizes, industries, and geographies were surveyed around topics including what frontline workers care most and least about with career advancement, employer misconceptions around opportunities for mobility, and how the COVID pandemic impacted frontline worker priorities, among others.
Key findings include insights on the priorities of frontline worker advancement such as opportunity for growth and better alignment of pay and skills. The study also shows stark differences between what resources frontline employees believe are available versus what their employers report, while also offering strategic, concrete actions employers can take.
"When we started exploring how to strengthen frontline worker upward mobility, we knew we had to start with frontline workers themselves," said Sara Wasserteil, Managing Director of Expansion & Integration at Cara Collective. "Lifting up their experiences and priorities – and juxtaposing those alongside what employers perceive is happening in the workplace – provides a starting point for how we can close the advancement gap for frontline workers, and strengthen equity when it comes to who does and doesn't advance in the workplace."
In addition to drawing out trends from frontline workers across diverse industries and demographics, the report also uplifts themes from populations that have historically been given limited access to economic opportunity and mobility. This includes employees without a four-year degree, those who have been justice system-involved, and those who have been impacted by homelessness or recovery. The findings will illuminate how employers can better advance into these often-untapped talent pools.
"What we found when we looked at these populations, is that they are highly motivated to advance in their careers, and yet often have fewer opportunities to get ahead," added Wasserteil. "If employers are willing to rethink who they hire and how they invest in them, they can unlock a highly motivated workforce ready to stay and grow in their firms. For example, as evidenced by this study, individuals who have been impacted by the criminal justice system advanced at a greater rate than any other demographic – across race and gender."
The study furthers the work of Cara Plus' inclusive employment portfolio, which helps corporations drive actionable change to hire and cultivate talent that has been historically sidelined from economic opportunity. The work leverages parent-organization Cara Collective's 30-year history connecting untapped talent to more than 13,000 jobs at 70% same-firm, one-year retention rates.
Bridging the Advancement Gap: What Frontline Employees Want—and What Employers Think They Want can be read in its entirety at www.caracollective.org/frontline.
As an entity of Cara Collective, Cara Plus engages companies and nonprofits across the nation to build, launch, and grow workforce solutions so that people experiencing poverty can find and keep quality employment. Since our launch, Cara Plus has worked with more than 20 companies and 50 nonprofits in 24 states to adopt and adapt our methodology and create more inclusive employment pathways around the country. To learn more, please visit www.caraplus.org.
Cara Collective seeks to fuel a courageous national movement to eradicate relational and financial poverty. Through our four entities – Cara, Cleanslate, Cara Connects, and Cara Plus – we engage job seekers, employers, and other organizations across the country to break the cycle of poverty through the power and purpose of employment. Since 1991, we've helped more than 8,000 people get placed into more than 13,000 jobs and get started on their path to real and lasting success. To learn more, please visit www.caracollective.org.
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SOURCE Cara Collective | https://www.wibw.com/prnewswire/2022/07/21/cara-plus-releases-national-career-advancement-study/ | 2022-07-21T18:59:12Z |
Memphis Agency Becomes Third in Tennessee this Year to Combine with the National Top 20 Independent Insurance Firm
FORT WORTH, Texas, July 13, 2022 /PRNewswire/ -- Mathis, Tibbets & Mathis, an independent broker of commercial and personal property/casualty insurance, surety bonds and employee benefit plans in Memphis, TN, has joined Higginbotham, an insurance, financial and HR services firm ranked as the 20th largest independent broker in the U.S. Higginbotham entered Tennessee in 2020, and Mathis, Tibbets & Mathis gives it a sixth location in the state, the third agency to join Higginbotham in this year alone.
Higginbotham is strategically growing to expand its footprint and increase its service capability by selectively partnering with other independent agencies that have strong reputations in their local markets, a desire to keep growing by tapping into Higginbotham's single source solution and a strong cultural match.
Johnny Pitts, a managing partner for Higginbotham's Tennessee region, said, "Since joining Higginbotham, I've become a proud advocate of our firm because I've seen the positive impact it's had on our own client and employee satisfaction. When I see a good fit, I want to bring those agencies to our firm so they can reap the same rewards while strengthening Higginbotham as a whole. That's what I want for Mathis, Tibbets & Mathis."
Mathis, Tibbets & Mathis is a boutique agency that serves hundreds of businesses and individuals in the Mid-South. It provides bespoke solutions for commercial and personal coverage and group health insurance with a hands-on approach to customer service. By joining Higginbotham, the agency gains access to additional insurers the firm represents and the ability to offer in-house risk management, employee benefits administration and HR services.
In a joint statement, Mathis, Tibbets & Mathis principals Gene Mathis and Alex Mathis said, "It's hard to deny Higginbotham's growing presence in Tennessee, but it's easy to see why. Partnering with them immediately gives agencies the means to offer more coverage lines, more support and more value to customers. The added resources will help us deliver what our clients want while keeping the one-on-one client relationships we've built."
Higginbotham named Gene Mathis and Alex Mathis managing directors, and they will continue overseeing the agency's operations and staff.
Mathis, Tibbets & Mathis is a commercial and personal property/casualty, surety bonds and employee benefits agency that has served businesses and individuals in the Mid-South since 1986. It serves all markets with a concentration in the construction industry. Visit mtmins.com for more information.
Employee owned and customer inspired, Higginbotham is a single source solution for insurance, financial and HR services. The firm was established in 1948 and ranks by revenue as the nation's 20th largest independent insurance firm. Serving thousands of businesses and individuals through locations coast to coast, Higginbotham's approach to finding insurance, employee benefit and risk management solutions is more individual and less institutional. By understanding customer priorities, eliminating inefficiencies and committing to transparency, Higginbotham is a place that leads with values so value leads. Visit higginbotham.com for more information.
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SOURCE Higginbotham | https://www.kxii.com/prnewswire/2022/07/13/higginbotham-continues-expansion-tennessee-with-mathis-tibbets-amp-mathis-joining-ranks/ | 2022-07-13T19:07:33Z |
Luxury Second Home Marketplace Strategically Expands To Cabo Based Off Strong Buyer Demand
LOS ANGELES, July 13, 2022 /PRNewswire/ -- Pacaso, the leading technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, today announced that it has expanded its service to Mexico, with its first property to be available in Los Cabos. Pacaso offers buyers the unique opportunity to co-own 1/8 to 1/2 of a contemporary second home in Cabo. The company now operates in 40 global destinations and launched its first international destination in Marbella, Spain in late 2021.
"Cabo is a destination full of vibrant culture, breathtaking beaches, world-class golf and ocean adventures, and there has been high demand from current owners and future buyers to bring our co-ownership model to this special destination," said Pacaso CEO and Co-Founder Austin Allison. "Pacaso has built a strong foundation as the category-creating leader in luxury second home co-ownership in the U.S., Spain and the U.K., and we could not be more excited to have Mexico become the next North American Pacaso destination."
Located in the Puerto Los Cabos community, one of Pacaso's first listings in the destination will be a four-bedroom, four-and-a-half-bath home overlooking the Sea of Cortez with unparalleled indoor and outdoor living. The home features a dramatic reflecting pool in the grand foyer, travertine floors, a vast dining table and a gourmet kitchen that opens up to a spacious patio, covered grilling area, pool and spa that look out to the sea. Steps lead to a rooftop terrace complete with a fire pit and more views. Pacaso owners will have access to The Club Fundadores, just two minutes away on the included golf cart.
Another Pacaso listing in Cabo will be a new construction contemporary home located in San Jose del Cabo with views of Palmilla Bay, Punta Gorda and the San Jose coastline. Nestled within Caleta Loma, a hilltop community in the 1,000-acre resort community of Palmilla, the single-level home features an open floor plan that invites the Cabo sunshine in with floor-to-ceiling glass doors leading to an infinity pool, sunken spa, recessed fire pit, and covered deck with an outdoor barbecue. In addition to direct beach access, Pacaso owners will receive membership to The Club at Palmilla Dunes, a premier family-oriented social, sports and recreational private club.
"Cabo has been a longtime favorite getaway and second home destination for Americans and Canadians," said Ronival Real Estate Owner Nick Fong. "After learning about Pacaso's innovative co-ownership model, its leadership, and success to date in the U.S. and Europe, I could not be more thrilled to introduce Pacaso to Cabo, a luxury market with lots of opportunity."
Pacaso partners with all interested real estate agents and brokerages in markets where it operates. Real estate agents representing buyers who purchase a share of a Pacaso home receive a 3% referral commission, plus Pacaso equity in the form of 500 RSUs. Agents in Mexico who are interested in working with Pacaso can learn more on the company's website.
To see all available homes, please visit the Pacaso website.
Pacaso® is a technology-enabled marketplace that modernizes real estate co-ownership to make owning a second home possible and enjoyable for more people. Pacaso curates luxury listings with premium amenities and high-end contemporary interior design, offers ⅛ to ½ ownership with integrated financing, and, after purchase, professionally manages the home and supports seamless resale. Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso operates in 40 top second home destinations around the world. Pacaso has been certified as a Great Place to Work and is recognized as one of Glassdoor's 2022 Best Places to Work.
Learn more about Pacaso and view listings at Pacaso.com and connect with @PacasoHomes on Instagram and Twitter.
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SOURCE Pacaso | https://www.wibw.com/prnewswire/2022/07/13/pacaso-innovative-co-ownership-platform-expands-north-american-footprint-with-mexico-launch/ | 2022-07-13T20:12:55Z |
PARAMUS, N.J., Sept. 7, 2022 /PRNewswire/ -- As students return to the classroom for the new school year, Savvas Learning Company is helping educators move learning forward with engaging, easy-to-use K-12 solutions that offer data-informed instruction and adaptive technology to take personalized learning to the next level.
"A one-size-fits-all instructional approach doesn't work in a classroom where every student brings their own unique learning style. More than ever, personalized learning is critical in getting students engaged and motivated to learn and supporting academic growth," said Bethlam Forsa, CEO of Savvas Learning Company. "Teachers know best how to personalize learning for their students. This is why Savvas delivers learning solutions that are powered by adaptive technology, enabling educators to easily tailor instruction to address each student's learning needs, interests, and abilities."
Whether delivered via visually engaging textbooks or powered by the most advanced digital technology on the award-winning Savvas Realize LMS, Savvas Learning Company's rigorous, standards-aligned resources focus on putting the student at the center of learning. It does this by leveraging adaptive learning practices and interactive technology to provide dynamic, real-world learning experiences that foster greater student engagement.
"Savvas approaches learning as more than just absorbing content and curriculum," Forsa continued. "It is about that aha! moment when a seemingly unintelligible math problem suddenly becomes understandable. It's about creating immersive experiences to make history come alive, or using a pop song as a hook to make a 400-year-old Shakespeare play more relevant to students. These active learning experiences are key because we know that with increased engagement comes increased learning, and with increased learning comes greater opportunities for success."
Savvas offers educators an easy, fast, and seamless way to assess learning needs and differentiate instruction for every student in the grade K-8 math and literacy classroom. Savvas screener and diagnostic assessment tools identify each student's greatest opportunities for growth by pairing actionable data and targeted recommendations with personalized instructional content to help students master grade-level skills. Delivered on Savvas Realize and equipped with multistage adaptive technology, the Savvas Math Screener and Diagnostic Assessments (MSDA) and Savvas Literacy Screener and Diagnostic Assessments (LSDA) work directly with enVision Mathematics, myView Literacy, and myPerspectives ELA, the company's core K-8 math and literacy curricula, to deliver customized instructional content and resources.
The screeners and diagnostic assessment tools also work with SuccessMaker, a proven-effective, continuously adaptive K-8 math and reading program that meets the highest efficacy rating (Tier 1 — "Strong Evidence") under the Every Student Succeeds Act (ESSA). When paired together, the combined solution delivers cutting-edge assessments, curriculum, and adaptive personalized learning all on one platform, providing an individualized pathway to success for each student.
Leading the industry with personalized learning solutions that promote student engagement, Savvas offers many interactivities within its high-quality instructional content. These include: the award-winning Experience Chemistry and Experience Physics programs, which use an interactive learning model with a wealth of hands-on and virtual activities, such as inquiry labs, animations, simulations, and engineering workbenches, to reach every learner; and the Hook & Inspire feature spanning several Savvas product disciplines that piques students' interest and inspires learning by incorporating relevant multimedia resources such as music, videos, and more to help connect students to what they are learning.
Brand-new for this school year, Savvas is introducing Savvy Adaptive Practice for enVision Mathematics (3-12), which adapts to each student's learning needs and offers the exact instruction and practice they need, at the moment they need it. Savvy tracks student proficiency against a set of pre-requisite skills, and adjusts in real-time, offering specific problems based on how a student performs. Like a tutor, Savvy provides instruction and videos when an error is made, delivering a personalized learning approach for all students.
With a focus on project-based learning experiences and hands-on activities, Savvas continually looks for ways to help teachers meet students where they are and provide students choice in how they learn. Some of the innovative learning solutions that it has developed and enhanced for the coming school year include:
- Savvas Essentials: Foundational Reading © 2023 is a new, blended K-2 supplemental program, aligned to the Science of Reading, that targets concepts of print, phonological awareness, phonics, fluency, and the teaching of high-frequency words. The easy-to-implement, three-step instructional routine includes explicit instruction and multisensory practice.
- Savvas Now Literacy © 2023, a brand-new K-5 supplemental digital resource library built by literacy experts, lets teachers easily search for and find high-quality instructional content that addresses a wide range of learning needs, from foundational skills and vocabulary to comprehension to writing. Educators can request a free trial of Savvas Now Literacy at Savvas.com/SavvasNow-Trial.
- Reading Spot is a curated collection of digital ebooks that instills a love of reading in K-5 students and encourages them to read more. Teachers can use Reading Spot with the entire class, during small group time, or for independent reading, allowing students to browse thousands of high-interest, popular, and culturally relevant books, with select titles available in Spanish.
- Magruder's American Government Interactive © 2023, the innovative new digital edition of the premier high school program, is designed to keep up with changing times. It's the first high school program with continuously updated digital resources complementing a foundational textbook, keeping the content fresh with current events to help students discover how government is found in their everyday lives.
- Civics Interactive © 2024 is a brand-new, all-digital program that's designed to actively promote civic engagement for young adults in grades 6-12. The curriculum develops important civic competencies and life skills needed to become informed and responsible citizens.
Also new this school year, Savvas is rolling out major enhancements to the highly acclaimed Savvas Realize platform, which is recognized as one of the most innovative learning management systems in the industry. Through a collaborative effort with educators and designed with them in mind, Savvas is revamping the Realize platform user experience to include a more streamlined interface with faster grading workflows, improved classroom management tools, and greater integration with the edtech tools that schools use most.
"Savvas supports educators with the data-informed, differentiated instruction and integrated teaching resources they need to personalize learning and increase student achievement," concluded Forsa. "Our solutions make learning engaging and exciting for students."
At Savvas, we believe learning should inspire. By combining new ideas, new ways of thinking, and new ways of interacting, we design next-generation learning solutions that help prepare students to become global citizens in a more interconnected, digital world. To learn more, visit Savvas Learning Company. Savvas Learning Company's products are available for sale in Canada through its subsidiary, Rubicon.
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SOURCE Savvas Learning Company | https://www.kxii.com/prnewswire/2022/09/07/back-school-savvas-supports-educators-students-with-innovative-solutions-maximize-personalized-learning/ | 2022-09-07T14:51:18Z |
New Funding Enables Literacy Startup to Bring Better EdTech to Students Nationwide
SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- Literably, the reading assessment platform that empowers educators to "know every reader," today announced it has been named as a winner of The Learning Engineering Tools Competition. The new funding will enable Literably to advance the reach of its education technology solution and continue to deliver on its mission to remedy the critical issue of low literacy rates. The competition provides Literably with important resources to accelerate scalability and adoption of its literacy assessment platform across the United States.
The Learning Engineering Tools Competition aims to spur the growth of new and improved technologies that will help remedy critical issues in education for learners of all ages and across the globe while also advancing the field of learning engineering. The competition sparked tremendous interest from teams around the world, with more than 800 proposals competing for $4 million in prizes – making it one of the largest edtech competitions ever convened.
"All students deserve to be reading at grade level as soon as possible," said Tyler Borek, Literably's chief executive officer. "We plan to capitalize on our momentum and expand Literably to more districts across the US for the 2022-2023 school year."
The latest funding marks Literably's second grant announcement within one month. In May, the company announced it was awarded a prestigious $1 million dollar grant from the United States Department of Education's Institute for Education Sciences' (ED/IES) Small Business Innovation Research (SBIR) program.
Literably is a diagnostic digital reading assessment platform that replicates teacher-administered assessments online and enables educators to know every reader. Literably provides literacy educators with an immediate, accurate and actionable picture of each student's reading capabilities and challenges. Schools use Literably to solve four primary challenges with conventional teacher-administered reading assessments: efficiency, consistency, data access and instructional next steps. Currently, Literably uses a blend of normed human grading and speech recognition to score two reading assessments online for schools and districts: Oral Reading Fluency (ORF) and Foundational Skills (FS). Research led by a professor at the Stanford Graduate School of Education has shown that Literably ORF can predict student performance on the Smarter Balanced assessment. Literably currently serves over 200,000 students at over 500 schools in 34 states. Literably was founded in 2013 and is headquartered in San Francisco, CA.
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SOURCE Literably | https://www.kxii.com/prnewswire/2022/06/29/literably-wins-learning-engineering-tools-competition/ | 2022-06-29T13:53:20Z |
HONG KONG, Aug. 16, 2022 /PRNewswire/ -- Mecobit Solar, a global company with an emphasis on high-quality solar at an affordable price, announces product improvements to its Solar System products that power cryptocurrency miners and other existing miners. Mecobit Solar System products include a portable solar station, Solar Panel kits (complete), and Solar Unit M4000.
Mecobit solar system customers can now use backup energy during a grid outage to help keep indispensable appliances running or power things like home appliances, dryers, pool pumps, electric vehicle chargers, and even Cryptocurrency mining rigs.
Some cryptocurrencies, including Bitcoin, are created by a process called proof of work which requires computers to "mine" the currency by solving complex puzzles. Powering those computers involves large amounts of electricity. Bitcoin is infamous for wasting enough electricity to add 40 million tons of carbon dioxide to the atmosphere a year — but now, a growing cadre of miners around the world are developing green, and lucrative, new strategies worth a fortune all their own.
As the share of solar-powered hash rate seems likely to grow, many see the potential for renewable energy use in Bitcoin mining as a virtuous cycle — Mecobit provides unique incentives in Cryptocurrency mining, which propel operations to leverage the cheapest power possible and encourage more operations worldwide to convert to renewable energy sources, like solar.
As governments agree to reduce levels of carbon emissions and introduce additional incentives like investment tax credits, the share of mining operations using solar power will likely increase. And while solar power may be considered green and renewable, there are significant problems with solar, including the limits of sunlight hours and shipping costs. To help reduce shipping costs, Mecobit pays for shipping and import tariffs, enabling customers to acquire everything they need to get started with no further costs beyond the cost of the device itself.
About Mecobit
Mecobit was founded in 2015 with the goal of developing and marketing the world's solar-powered cryptocurrency miners, which can use either Ethash, SHA-256, or Scrypt technology. The company was the first solar-powered cryptocurrency mining enterprise in the world with the goal of revolutionizing the solar panel industry by providing more power at a more affordable price. Mecobit is headquartered in London, England, and has offices in cities across the world, including Hong Kong. The company's website, www.mecobit.com provides additional information on the company and its products.
CONTACT: Ben Lukas, ben.lukas@mecobit.com, +852-3001 1453
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SOURCE MECOBIT LIMITED | https://www.mysuncoast.com/prnewswire/2022/08/16/mecobit-starts-new-era-solar-powered-cryptocurrency-mining/ | 2022-08-16T13:35:39Z |
What are today’s best Prime Day deals?
Now that Prime Day has arrived, countless products are marked down to the lowest prices of the season. When it comes to navigating the deals, however, you’ll need to do some research to make sure you get products you want at the right price.
Like other Prime Days, each category holds a treasure trove of deep discounts. From electronics to travel to health and beauty, there’s something for everyone during the two-day sale. Some of the most notable discounts we’ve seen so far are on fitness trackers, Samsonite luggage and Braun personal grooming devices, and there’s certainly more to come.
Because prices and availability are subject to change today — especially with many top-rated products on sale — we’ll update this list of Prime Day deals frequently to keep you up to date. We organized today’s best deals by popular categories so you can find what you’re looking for quickly.
Best trending Prime Day deals from Samsung, Instant Pot and more top brands
Amazon Echo Show 15: $70 off
If you’re searching for a smart home hub, this Echo Show has a 15.6-inch display that functions as a household organizer with shared calendars, shopping lists and reminders. It pairs seamlessly with other Echo devices so you can enjoy enhanced surround-sound experiences.
Samsung Galaxy S21 FE: 30% off
The mid-range Galaxy, popular among budding photographers, has pro-grade cameras with 30x SpaceZoom and 3x Hybrid Optic Zoom for crystal-clear close-up shots. The smartphone also has an optimized battery life and even has a fast-charging mode.
Calphalon 10-Piece Stainless Steel Pots and Pans Set: 44% off
This stainless steel Calphalon set is built to last with five-layer steel construction and triple-layer aluminum core. It has everything you need for everyday cooking, including an 8-inch fry pan and 8-quart stockpot.
Instant Pot Vortex Air Fryer: 33% off
Healthy, oil-free cooking is simple with this Instant Pot Air Fryer four preset programs, including air fry, broil, bake and reheat. Whether you’re upgrading or getting your first air fryer, it’s a worthwhile investment.
Philips 3200 Fully Automatic Espresso Machine: $444.99
This high-end espresso machine has an intuitive display with preset programs for cappuccino, latte macchiato and Americano. It has a built-in grinder and frother, not to mention its footprint is much smaller than comparable espresso machines.
Samsung Q80A 55-Inch 4K TV: $400 off
First released in 2021, this high-end TV offers what you need for powerful HDR support, including effective local dimming and a high peak brightness. It sports built-in Alexa and Google voice assistants and is fantastic for gaming.
Samsung Galaxy S22+ smartphone: $315 off
This premium 5G-enabled smartphone is one of the best-performing on the market, with a top-of-the-line camera, high refresh rate and advanced features such as 25-watt fast charging. It’s even more popular than the S22 Ultra, which is overkill for most people.
Samsung Galaxy Tab S7 FE: 25% off
It’s a 12.4-inch tablet that’s powerful enough for everyday use as a laptop when paired with a Bluetooth keyboard. In addition, the Samsung S Pen that it comes with is arguably the best stylus you’ll find.
75-Inch Amazon Omni Series TV: $350 off
Priced well below $1,000 for Prime Day, this massive 4K TV is evidence that large-format consumer TVs are finally mainstream. It does a great job with older content such as 1080p programs from standard cables boxes, in addition to Dolby Vision-mastered Blu-ray films.
Apple Watch Series 7: 28% off
It’s hard to argue that any smartwatch works better than Apple’s, and its Prime Day discount of $120 makes it hard to pass up. It’s especially worthwhile if you’re looking for a fitness tracker that works with today’s most advanced personal health apps.
Apple TV 4K: 39% off
When you graduate from a cheap streaming device to the Apple TV 4K, you’ll understand right away that not all 4K resolutions are created equal. In addition to the streamlined user interface Apple’s known for, it provides arguably the clearest picture of any streaming box.
Intex Explorer K2 Kayak: 31% off
This 10-foot-long inflatable kayak is both remarkably durable and affordable for such a stable, spacious vessel. It comes with a pair of oars, hand pump and removable skeg that aids in forward stability.
Bose QuietComfort 45 Wireless Noise-Cancelling Headphones: 30% off
These feature top-notch noise-cancellation capabilities and are available in black and white. The built-in microphone is ideal for phone calls and virtual meetings. The battery life is impressive, and many said they were comfortable.
Ninja CP307 Auto-iQ Tea And Coffee Maker: 33% off
This brews coffee and tea at low and high temperatures, making it ideal for those who switch between hot and cold beverages. It is compact and straightforward to set up. It features a built-in milk frother.
Samsonite Winfield 2 Hardside Expandable Luggage: 30% off
This three-piece set is easy to maneuver and backed by a 10-year limited warranty. They’re durable enough to protect your belongings, although they’re prone to scratches.
Garmin Vivoactive 4 GPS Smartwatch: 43% off
This has numerous health-monitoring features, including heart rate, stress and sleep tracking. It features on-screen animated workouts. Connecting it to your phone is easy, and the battery lasts around 12 hours when you aren’t listening to music.
GE Profile Opal Countertop Nugget Ice Maker with Side Tank: $150 off
This countertop ice maker produces Sonic-style ice at home. It can make up to 24 pounds of ice per day and has a bin that can hold 3 pounds at a time. It doesn’t require a water hookup, so it’s portable, too.
23andMe+ Premium Membership Bundle: 52% off
This easy-to-use home DNA kit provides insight into your ancestry, as well as information about various genetic health issues. You can also opt into a Relative Finder feature and connect with people who share your DNA.
Samsung Galaxy Buds Pro: 40% off
These wireless earbuds offer crystal-clear sound with active noise cancellation, so you can enjoy your music and podcasts or take calls without interruption. They’re also water-resistant and safe to use in the rain.
Waterpik Aquarius Water Flosser Professional: 55% off
Keep your teeth and gums in great shape with this advanced water flosser. It holds enough water for up to 90 seconds of use, so you don’t need to refill. It also offers 10 settings and multiple tips, making it perfect for the whole family.
bev by Black + Decker Cocktail Maker Machine: $100 off
This capsule drinker maker takes all the work out of mixing up your favorite cocktails. It’s compatible with the Bartesian capsules, which offer more than 40 drink options. You can also choose from mocktail, light, regular and strong drink options.
26 discounts that caught our eye
- For only $169.98, you can listen to your favorite music with Apple AirPods Pro.
- Clean the air in your home with the Shark Air Purifier, now 49% off.
- Pick up the cutting-edge Bosch Circular Saw for $30 off today.
- The Acer 24.5-Inch Gaming Monitor is currently 24% off.
- At 40% off, this George Foreman 5-serving grill is an excellent deal, as it’s one of the few that also has a heating plate on top.
- The Art of Shaving Lavender Shaving Cream just dropped to $19.60.
- Have fun with Franklin Sports Disc Golf Set for only $47.99.
- Vega Sport Premium Protein Powder is vegan, gluten-free and currently available at over 50% off.
- Save over $300 on this understated yet classy high-end watch from Seiko.
- This Prime Day, you can pick up this DJI Mini 2 Fly More bundle that includes a controller, transmitter, case, and extra batteries and rotors, all for just $30 more than buying the drone by itself.
- If you need to issue orders and request healing from teammates but hate dealing with cables, the Corsair HS80 wireless gaming headset is available at a 30% discount.
- If you have a particularly fluffy dog and have trouble fighting the constant shedding, save $100 with the Shark NV752 TruePet upright vacuum.
- The men’s New Balance Arishi V3 running shoes deliver the comfort and ventilation for 29% off.
- Few other dog treats have as much flavor as Stewart’s Freeze Dried Beef Liver, which is currently offered at a 63% discount.
- This foldable cat carrier, available at a 35% discount, from SportPet Designs is roomier and more stable than rectangular and soft-sided options.
- If you need to make holes in masonry, you can’t do it any easier than with the DeWalt D25263K Rotary Hammer Drill. It’s priced at a $72 discount.
- The Graco Slimfit 3-in-1 Car Seat is ideal for parents with compact vehicle. It is available for $139 instead of $219.
- The Lenovo IdeaPad 3 is lightweight, easy to use and currently 55% off.
- The Bosch Cross-Line Laser Level casts a bright line that’s easy to see. Many compared it to a virtual chalk line. It’s listed at a discount of 33%.
- Grab 30% off on the popular Magna-Tiles Building Set. It is an ideal educational toy for children of all ages.
- The Moen 3.5-Inch Six-Function Handheld Showerhead is 50% off during the Prime Day Sales Event.
- Fall is right around the corner. Luckily, this Greenworks 40-Volt Cordless Blower is 25% off for Prime Day.
- These Sony Wireless Premium Noise Canceling Overhead Headphones offer up to 30 hours of battery life and are available for 34% off right now.
- The right kitchen knives make all the difference, and this Chicago Cutlery 17-Piece Forged Premium Set with Knife Block is a steal at 30% off.
- Take your movie nights up a notch for 43% off with this PVO Portable Mini Projector.
- This Dash Everyday Stainless Steel Bread Maker can make 1.5-pound loaves and is available for 54% off.
Ring doorbells and other tech and gaming deals
Amazon Kindle: 50% off
The entry-level Kindle offers an exceptional reading experience with a built-in front light and glare-free screen. If you’d like to enjoy audiobooks with the device, it pairs with Bluetooth headphones and speakers.
Ring Video Doorbell: 25% off
Not only does this Ring Video Doorbell have a quick-and-easy setup, but it also integrates seamlessly with Alexa devices. The updated design also has enhanced audio and video capabilities accessible through your phone, tablet or PC.
Amazon Fire TV 43-Inch Omni Series 4K UHD Smart TV: $170 off
This 4K smart TV delivers the most realistic images and sounds through Dolby Digital Plus. It offers direct access to Alexa, which means you can navigate menus through voice commands and control other smart devices in your home.
Lenovo Legion 5 Gaming Laptop: $240 off
If you want to take your favorite PC games with you, the Legion 5 is your best option with a GeForce RTX 3050 graphics card and eight high-performing cores. It features powerful speakers that bring sounds to life with three-dimensional audio.
Google Nest Thermostat: $50 off
This highly lauded smart thermostat offers a wide variety of helpful features such as geofencing and long-term scheduling that can keep you comfortable while saving money on your electric bill. Not only does it perform well, it also looks and feels like a premium piece of equipment.
Zotac RTX 3060 Twin Edge: 10% off
After years of struggling to find affordable graphics cards, this Prime Day special puts one of the decade’s most cost-effective GPUs in your hands at a surprisingly reasonable price. It’s perfect for 1080p gaming with new titles and performs well in 1440p with older games.
Bose 700 Noise Canceling Headphones: $110 off
Their impressive discount makes this a perfect time to buy a pair of the most critically acclaimed headphones to sport active noise reduction. They’re also perfect for crystal-clear phone calls, especially if you use an iPhone.
ViewSonic VP3256-4K 32-inch Monitor: $160 off
With a 4K resolution and premium, Pantone-validated color accuracy, this 32-inch computer monitor is the perfect choice for photo and video editors on a budget. It’s also great for gaming as long as you’re OK with a maximum frame rate of 60 frames per second.
Samsung 980 Pro NVMe SSD: $90 off
If you want to expand storage in your PC or PlayStation 5 while taking advantage of the most cutting-edge high-speed storage protocols, this 1-terabyte Samsung solid-state drive is the way to go. It comes with a heatsink and is ready to comply with the new Windows DirectStorage standard for next-generation load speeds.
HP 15.6-inch Laptop: $190 off
This lightweight laptop features 8 GB of RAM, making it an ideal choice for multitasking. It’s an ideal choice for students and those that work from home. The battery lasts around seven hours on a single charge.
HP Pavillion Gaming Desktop: $110 off
This features 8 GB of RAM and 4K visuals. It has a sleek, compact design. This desktop is an ideal entry-level gaming computer for those who don’t want to build their own PC.
Razer BlackShark V2 Gaming Headset: 35% off
These comfortable gaming headphones feature a detachable microphone. They are lightweight but durable. Many were impressed with the audio quality.
Blink Video Doorbell: 30% off
This video doorbell provides 1080p HD and infrared video to your phone, so you can always see who’s at your door. It also offers two-way audio, letting you communicate with visitors without opening the door.
Insignia 39-inch F20 Series Smart HD 720p Fire TV: 35% off
With Fire TV built in, you can stream over a million movies and TV shows directly on this TV. It comes with an Alexa voice remote that lets you use voice commands to search for media, launch apps, control smart home devices and more. It also has two HDMI ports for additional home media devices.
Netgear WiFi Range Extender: 57% off
Improve your home WiFi’s range with this easy-to-set-up extender. It can support 25 devices at a time and offers WiFi speeds up to 1200 Mbps. It’s compatible with nearly all wireless routers and cable modems, too.
TP-Link AV1000 Powerline Ethernet Adapter: 25% off
This ethernet adapter provides high-speed data transfer rates of up to 1000 Mbps. Setup is quick because you only have to plug it in. It also features an integrated power socket, so you don’t lose an outlet.
Razer Huntsmen Tournament Edition TKL Tenkeyless Gaming Keyboard: 42% off
This gaming keyboard uses optical beam-based actuation, so it registers keystrokes 15 to 30% faster than traditional keyboards. It’s fully programmable, too, so you can remap the keys for customized commands.
20 discounts that caught our eye
- Enjoy media with the Samsung Galaxy Tab S6 Lite, now only $249.99.
- Gaze upon the stars with the Celestron Outland Binoculars, currently 40% off.
- Investing in the Furbo Dog Camera at its new low price of $147 is a wise choice.
- Snag the HyperX Cloud Stinger Core Wireless Gaming Headset for 38% off.
- At over 50% off, the TCL 65R635 4K TV delivers impressive HDR performance at an incredibly low price.
- Turn a wide variety of standard appliances into smart ones with the Meross Smart Plug Mini, which is over $10 off for a four-pack.
- Stimulate your child’s imagination and learning with this bright and colorful VTech interactive toy at 29% off.
- Currently at a $30 discount, the TP-Link AX1800 router provides high-tech Wi-Fi 6 capabilities at a low cost.
- The Asus VivoBook S15 S533 laptop offers impressive specifications and currently costs $170 less than normal.
- Save 31% on one of the best outdoor security solutions available with the battery powered Eufy SoloCam E40.
- Despite being last year’s model, the 43-inch Samsung QN90A is still one of the best-performing TVs available. It’s available for $200 off.
- If you have a lot of hard floors, a robot mop like the iRobot Braava Jet m6 mop is a must-have with the low price of $797.99.
- Few competitors offer the same level of active noise canceling as Bose’s top-of-the-line earbuds, and it’s now available at a 36% discount.
- Save $140, if you already have a bunch of nice electronics that support Wi-Fi 6, the Amazon Eero Pro 6 mesh Wi-Fi system can help them take advantage of the cutting-edge protocol.
- Available at a 46% discount, the Razer Basilisk Ultimate Hyperspeed Wireless Gaming Mouse features 11 programmable buttons, making it an ideal choice for gamers.
- The JBL Tune True Wireless Earbud Headphones feature 25 hours of battery life, voice-assistant capabilities and are on a 55% discount.
- This Logitech G920 Driving Force Racing Wheel can make racing games all the more enjoyable and is available right now for 37% off.
- Ensure that your home is as protected as it can be with the Ring Alarm 14-Piece Kit, available for $130 off.
- On sale for 30% off, this Razer Barracuda X Wireless Multi-Platform Gaming and Mobile Headset offers a high-speed 2.4GHz connection for seamless audio when gaming.
- Score $420 off this Samsung Galaxy Chromebook, which has 245GB of SSD storage and a 4K AMOLED touchscreen display.
Le Creuset, Keurig and other kitchen essentials
Le Creuset Toughened Shallow Casserole Braiser: $61 off
Le Creuset’s casserole dish has a textured interior suitable for searing and browning. It’s compatible with all stovetops and has stay-cool, ergonomic handles for safe and comfortable movement.
Amazon Basics 15-Inch Cast-Iron Skillet: 33% off
The pre-seasoned skillet offers superior heat retention, which means food always cooks evenly and thoroughly. The skillet can be used for all types of cooking, including on the stove, in the oven or over an open fire.
Keurig K-Slim Coffee Maker: 54% off
A newer addition to the Keurig line, this space-savvy model brews three cup sizes and has a 46-ounce reservoir. Coming in black, scarlet or white, this space-saving single server can complement any kitchen decor.
Calphalon Kitchen Knife Set: 43% off
This 15-piece premium knife set, which includes kitchen scissors, is made with high-carbon stainless steel blades that are ultra-sharp for precision cutting. Built-in ceramic sharpeners keep the blades sharp for every use.
Anova Culinary Sous Vide Precision Cooker: 37% off
Enjoy juice, flavor-rich dishes with this sous vide, which takes the hard work out of tempered cooking. When you connect it to the Anova app, you’ll be able to monitor progress in real time.
KitchenAid Artisan Mini Plus Mixer: $120 off
KitchenAid makes some of the most dependable mixers on the planet, but they’re often bulky and expensive. With its compact size and great Prime Day discount, the Artisan Mini Plus can help you with a huge variety of advanced dishes.
Ninja Foodi OS401 12-In-1 Multi-Cooker: 43% off
Good for far more than pressure-cooking or making rice, this versatile cooker is one of the largest and most multifunctional in a large field of competitors. Whether you want to steam, air fry, saute or braise, it has you covered.
Ninja SP201 Air Fry Countertop Oven: $80 off
If you prefer the straightforward operation of a convection toaster oven to those newfangled air fryers, this low-profile option is perfect for you. It’s ideal for reheating leftovers and making frozen pizzas in addition to simpler functions like toasting and dehydrating.
Hamilton Beach Dual Breakfast Sandwich Maker: 30% off
This device makes it easy to prepare a quick breakfast for two. It’s easy to clean, and many were impressed with its versatility.
Vitamix 5200 Professional-Grade Blender: 26% off
This features variable speed settings and can heat soup while blending. Many said they didn’t have to spend as much time chopping vegetables before adding them to the blender. Its self-cleaning mode works well.
KitchenAid 11-Cup Food Processor: 52% off
The wide-mouth feeding tube is great for larger foods. The external blade adjustment feature adds an extra layer of safety.
Calphalon Espresso Machine with Tamper, Milk Frothing Pitcher, and Steam Wand: $105 off
This 15-bar Italian pump espresso machine provides the most flavorful espresso with a rich layer of crema. It has a warming tray to prepare your cups and a steam wand that froths milk for lattes and cappuccinos.
Braun 3-in-1 Immersion Hand Blender: 30% off
This intuitive hand blender allows for one-handed operation because it has no predefined speed settings. Instead, you control the result by how hard you push. The 500-watt motor is still powerful enough to provide the smoothest blends.
DeLonghi Livenza All-Day Grill: $100 off
This countertop grill can grill burgers and chicken but also works as a griddle for pancakes and a panini press for sandwiches. It has removable, dishwasher-safe plates for easy cleaning and a digital control panel for user-friendly operation.
KitchenAid Hard Anodized Induction Nonstick Frying Pans Set: 30% off
This set includes a 10-inch frying pan and a 12.25-inch frying pan to cover nearly all of your cooking needs. They provide even, consistent heat and a nonstick interior to make washing easier.
18 discounts that caught our eye
- Instant Pot Vortex Plus is a top deal at $158.95, one of the lowest prices we’ve seen.
- Brew your morning cup with the Primula Pace Cold Brew Maker, now 56% off.
- Take a look at the Zojirushi Micom Rice Cooker, which is currently 28% off.
- Support for Amazon Alexa means you won’t ever have to worry that this Crock-Pot Slow Cooker is at the wrong temperature, even if you’re away from home. It’s available at $65 off.
- This four-serving Cuisinart waffle maker sports nonstick cooking surfaces and adjustable temperature at nearly 50% off.
- If you want to add form and function to your home office, you can save over $200 on the Sauder Carson Forge desk.
- The Mueller SuperGrind coffee grinder offers 17 coarseness settings, a replaceable burr grinder bit and a discount of over 20%.
- Complete with non-slip bases and handles, stainless-steel construction, lids and durable handles, mixing bowls don’t get more full-featured than these from Rorence at 24% discount.
- Save $40 when you buy the Breville BJE430SIL Juice Fountain, which uses centrifugal technology to extract nutritious, delicious juice without heating the ingredients and damaging any nutrients.
- Take the guesswork out of making perfect loaves with the Hamilton Beach Bread Maker, which comes at a 30% discount.
- The Ninja Foodi IG6541 Indoor Grill gives you the power and flavor of high-heat grilling with the convenience of an indoor, electrical appliance. It’s available at a discount of $150.
- The Vitamix Professional Series 750 brings commercial-grade blending power and consistency to your kitchen at a $230 discount.
- If you didn’t know Instant Pot made single-serve coffee makers, you might want to give the Instant Pot Solo 2-in-1 Single-Serve Coffee Maker a go at 42% off.
- At 37% off, the SodaStream Terra Sparkling Water Maker is an ideal choice for those who love carbonated beverages.
- This PUR PLUS Faucet Mount Water Filtration System can remove up to 70 impurities from your tap water, so it’s a steal at 36% off.
- This Hamilton Beach Electric Panini Press Grill can make delicious sandwiches, quesadillas and more, so grab it while it’s 30% off.
- These AmazonBasics Nesting Melamine Mixing Bowls come in a set of bowls with matching lids and are on sale for 37% off.
Home essentials from Casper, iRobot and more
iRobot Roomba i7+ Robot Vacuum: 50% off
This bestselling Roomba has an efficient three-stage cleaning system that lifts even the tiniest particles from floors. It comes with a Clean Base, which is an automatic dirt disposal system that allows for less frequent emptying.
GermGuardian Air Purifier: 25% off
Improve your indoor air quality with this air purifier with a HEPA filter that removes over 99% of harmful germs, dust, dander and other allergens. It has a small footprint and quiet operation, making it popular for bedrooms and offices.
Greenworks Cordless String Trimmer and Blower Set: 39% off
Greenworks has your landscaping needs covered with this duo, both of which are part of the brand’s popular 40V line. The trimmer and blower are lightweight and have ergonomic handles for easy maneuvering during tough projects.
Casper Sleep Element King Mattress: 20% off
Get a good night’s rest with this gel memory foam mattress, which is one of a few options available in twin XL and California king sizes. It has a breathable, wick-away cover that keeps hot sleepers cool and comfortable.
Thermomate Large Outdoor Fire Pit: 30% off
This smokeless fire pit offers easy cleanup and can be set up in the backyard, patio or on the campground. The sleek, stainless steel body adds a contemporary touch to outdoor spaces.
NuLoom Sierra Moroccan Diamond Outdoor Area Rug: 70% off
Since it’s made of rugged polypropylene fiber, it resists damage from ultraviolet light and is easy to clean in the event of a spill. It’s available ina range of colors and sizes, and most are at a significant Prime Day discount.
iRobot Roomba i7+: $500 off
This is one of the most impressive robotic vacuums yet released, with remarkably powerful suction, premium voice control support, a high-efficiency filter and up to 60 days of capacity in its base. At a 50% discount, it’s impossible to beat the value.
Hamilton Beach Stack & Snap 8-Cup Food Processor: 30% off
Food processors can help with a lot of tasks, and with this compact yet high-powered option from Hamilton Beach, they don’t have to be bulky or expensive. It includes blades for slicing, grating and chopping along with a dough blade and 8-cup mixing bowl.
Blink Outdoor Camera and Echo Show 5 Bundle: 60% off
Forget searching for a high-dollar smart home security camera system; this package includes three 1080p Blink indoor/outdoor cameras and Amazon’s Echo Show 5 smart display, which makes a great smart home controller for Alexa-based households.
iRobot Roomba i4+ EVO: $250 off
This features multiple rubber brushes ideal for cleaning pet hair. Many were impressed with its battery life. It’s more affordable than other iRobot vacuums, and the easy-to-use app lets you schedule cleanings.
Shark AV2501S AI Robot Vacuum with HEPA Self-Empty Base: $250 off
This robotic vacuum navigates homes more easily than most. Many were impressed with its deep-cleaning capabilities. The self-empty base eliminates the need to empty your vacuum daily.
Stasher Silicone Reusable Storage Bag Bundle Pack: 30% off
These eco-friendly reusable silicone bags help eliminate waste around the house. They’re dishwasher- and microwave-safe and don’t contain any BPA, PVAc or latex. The bundles includes seven bags in varying sizes.
American Lawn Mower Company 14-Inch 11-Amp Corded Electric Mower: 33% off
This powerful electric mower can handle any type of grass and provides gas mower-like performance without any of the maintenance. It also offers a 2-in-1 rear discharge and mulching system for more efficient mowing.
Shark Steam Pocket Mop Hard Floor Cleaner: 46% off
This powerful steam mop can sanitize up to 99.9% of germs and bacteria on your hard floors. It takes only 30 seconds to produce steam and has a soft-grip handle that feels comfortable in hand. The floors dry almost instantly, too.
12 discounts that caught our eye
- The Pelonis 16-inch Pedestal Fan just cooled down to $47.99.
- Save big on the Fiskars Powergear2 23″ Garden Hedge Shears, which is now $29.74.
- Rest easy for $111.30 with the Casper King Sleep Pillow.
- The Sun Joe 16-Inch Electric Handheld Chain Saw has its price slashed by 33% today.
- Pick up the GE Cync Smart Bulbs for 25% off while they last.
- At 20% for Prime Day, the 4-inch, multilayered Zinus Memory Foam Mattress Topper is about as luxurious as they get.
- At 36 inches wide and $45 off, the Amazon Basics Storage Bench is the perfect low-cost solution for keeping shoes, jackets and other outdoor equipment ready at hand.
- This L-shaped desk has plenty of room for a laptop, desktop computer, printer and all the supplies you need to work from home, and it’s $30 off for Prime Day.
- With 8,000 BTU of cooling power, this portable air conditioner can help keep you cool during the heatwave while saving you over $90.
- At 34% off, the Bissell PowerGlide Pet Slim Corded Vacuum is ideal for pet owners.
- This Amazon Smart Thermostat lets you take control of your heating and cooling costs, so grab it while it’s on sale for 30% off.
- Enjoy floating around the pool in this Intex Inflatable Canopy Island, which is available for 30% off.
Deals parents will love from Tommee Tippee and more
Baby Einstein Sea Dreams Soother Musical Crib Toy and Sound Machine: 33% off
Babies and toddlers who need help with nighttime routines may benefit from this wind-down night light that offers 25 minutes of captivating sounds and glow light effects. Parents can reactivate the soother remotely, and older babies can even turn it on themselves.
Tommee Tippee Advanced Baby Bottle Warmer: 27% off
This Tommee Tippee device warms bottles as well as breast-milk bags, which means no more microwave or stovetop heating. The universal design fits most leading bottle brands, milk pouches and baby food jars.
NixPlay Smart Digital Photo Frame: 35% off
Store all your favorite memories in this digital photo frame, which lets other family members share photos and videos instantly through an app. The elegant design features a wood-effect frame that coordinates well with room decor.
Graco Pack ‘n-Play Dome LX Playard: 36% off
This portable playard and bassinet makes traveling with baby safe and easy. It folds down and comes with a travel bag, so you grab it and go. The quilted diaper changer is removable for easy cleaning.
Owlet Cam Smart Baby Monitor: 42% off
Keep an eye on your little one no matter where you are with this smart baby monitor. It provides HD video and night vision, as well as a wide-angle view for more complete monitoring. The camera is also secure and encrypted, so you can choose who sees the data.
Boon GRUB Baby High Chair: 37% off
This chair is safe for children aged 6 months to 6 years. It converts from a high chair to a toddler seat, so it can hold up to 50 pounds. The seat and tray are removable, too, so you don’t have to worry about food getting stuck where it shouldn’t.
13 discounts that caught our eye
- Carry babies comfortably with the Born Free 4-position Baby Carrier for $25.80.
- Household organization is simple with the Post-it Flex Write Surface Sheets, now 22% off.
- The HealthSmart Digital Temporal Thermometer with No Contact Infrared Technology just dropped to $29.32.
- The Ruvalino Diaper Backpack is waterproof, high-capacity and available at 40% off.
- The Evenfold Gold Otto is $60 off and boasts an automatic, gravity-folding design to help you manage your little ones, groceries, and car doors without missing a beat.
- Organize toys and other road trip accessories with this H Helteko car seat organizer two-pack, which comes at a 43% discount.
- If you’re visiting friends or family or having dinner at a picnic table in the park, the Hiccapop OmniBoost booster seat will help the smallest children get ahold of their food and drinks. Avail up to 46% discount.
- Save over $120 on the Sense-U Baby Breathing Monitor, which tracks movement, breath patterns and sleeping position and transmits information and alerts to your smartphone.
- At a discount of over 50%, these magnetic cabinet locks go a long way toward baby-proofing a home.
- Listed at a discount of 30%, the Nanit Pro Complete Monitoring System lets you track your infant’s sleep and breathing patterns.
- This two-pack of Comotomo Baby Bottles is on sale for 30% off and is designed to mimic breastfeeding for an easier transition.
- Get your little ones excited about meal time with this Disney Minnie Mouse 4-Piece Feeding Set, which is available for 37% off right now.
- Score this Nova Baby Swing for 40%, and your little one can enjoy 10 preset lullabies and hanging toys.
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Sian Babish writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/ready-to-save-here-are-the-best-deals-of-prime-day-2022/ | 2022-07-12T21:14:00Z |
Company appoints Professor Youngme Moon to Board of Directors
NEW YORK, June 8, 2022 /PRNewswire/ -- Multiverse has closed a $220 million Series D funding round at a post-money valuation of $1.7 billion, doubling its valuation from eight months ago. The latest round was co-led by StepStone Group, and returning investors Lightspeed Venture Partners and General Catalyst. The funding will be used to accelerate US expansion and broaden the range of learning programs, creating more routes to career progression for apprentices and helping organizations close digital skills gaps across their workforce.
Founders Circle Capital and existing investors Audacious Ventures, BOND, D1 Capital Partners, GV and Index Ventures also participated in the round, bringing total funding to over $400 million.
Two thirds of Americans do not have a college degree despite 65% of jobs requiring some college or a bachelor's degree, a practice that disproportionately excludes Black and Hispanic Americans. At the same time, all companies face challenges in hiring and retaining tech talent. Apprenticeships provide an alternative route to train and hire workers, opening access to tech careers and teaching workers skills for the jobs of the modern, digital economy.
"Mandating college degrees, and making admissions officers the gatekeepers for great careers, means leaving out thousands of talented individuals," said Euan Blair, CEO and founder of Multiverse. "There has never been a more pressing time to create an alternative to university education that is equitable and inclusive, and there is an incredible opportunity before us to change the status quo with apprenticeships. This funding will help us bring more people without degrees or in need of re-skilling into tech careers and ultimately create a more diverse group of future leaders."
Multiverse apprenticeships offer tuition-free, paid programs in areas including Software Engineering, Digital Marketing and Data Analytics that typically last 12-15 months. With a unique combination of on-the-job training and education, professional apprenticeships help individuals jump start a career or enter an entirely new field while earning a competitive salary.
Companies that introduce apprenticeship programs aim to address the challenges associated with short supply of digital skills. While creating more opportunities for those without degrees, these companies often see an increase in employee productivity and engagement, higher retention rates and decreases in hiring costs. Because of this, 60% of Multiverse partners have expanded within 6 months of launching an apprenticeship program.
"The Multiverse journey has been characterized not only by rapid growth, but also by creating a real and actionable solution to the challenges of diversity in the workplace," said Jeremy Duggan, President and Board Member at Multiverse. "One of the things that sets Multiverse apart is the impact our programs have on the aspirations and skills of our apprentices and the subsequent value they provide to organizations that employ them. Going forward it's important for us to ensure apprenticeships are available to anyone who can benefit from them, and to progress the crucial conversation around diversity in the workplace."
The Multiverse community has now reached over 8,000 apprentices globally. Of the professional apprentices that Multiverse places globally, 56% are people of color, more than half are women and 34% come from economically under-served communities.
The company's mission is to create a diverse group of future leaders and particular emphasis is placed on tracking apprentice outcomes that correlate with long-term success. As a result, 68% of all Multiverse apprentices are promoted during or at the end of their programs and over 90% remain with their employer post-apprenticeship.
Multiverse has grown nine times in two years. The company currently trains professional apprentices with over 500 organizations globally, including Cisco, Verizon, Visa and Box in the US. Underpinning its growth, programs like Software Engineering have seen a 260% growth in enrollment year over year and have a completion rate of over 85%. Multiverse has also made particular headwinds in the Financial Services industry, growing the number of partners by 105% over the past year.
"Apprenticeships can help thousands of companies better train workers for the jobs needed to thrive in the age of digital transformation," said Hunter Somerville, Partner at StepStone Group. "Multiverse has a demonstrated track record of success, building an unparalleled global platform to find, train and develop talent."
Effective immediately, Youngme Moon, Donald K David Professor of Business Administration at Harvard Business School, will join Multiverse's Board of Directors. Professor Moon brings decades of experience to her role at Multiverse, and serves on the boards of businesses including Mastercard, Unilever, Warby Parker and Sweetgreen.
"Widening access to great careers is one of the most urgent issues of our time, and essential to solving both the war for talent, and the inequities of the current labor market," said Professor Moon. "Many EdTech innovations have come and gone but Multiverse's approach seeks to build a different system entirely. I'm truly excited about the potential of tech apprenticeships, and the system we can build through them."
Multiverse is a tech startup on a mission to create a diverse group of future leaders by building an outstanding alternative to university and corporate training. They offer apprenticeships to a diverse pool of young adults and those looking to reskill. Multiverse works with over 500 businesses, helping them embrace digital transformation, close skills gaps and develop a diverse talent pipeline. Apprentices benefit from individualized coaching, applied learning, and a community of social, networking and leadership opportunities.
Founded in the UK in 2016, Multiverse launched in the US in January 2021.
StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of March 31, 2022, StepStone oversaw $570 billion of private markets allocations, including $134 billion of assets under management. StepStone's clients include some of the world's largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals. StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.
Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise, Consumer and Health sectors. Over the past two decades, the Lightspeed team has backed hundreds of entrepreneurs and helped build more than 400 companies globally, including Snap, Nest, Nutanix, AppDynamics, MuleSoft, OYO, Guardant, Affirm, and GrubHub. Lightspeed and its affiliates currently manage $10.5B across the global Lightspeed platform, with investment professionals and advisors in Silicon Valley, Israel, India, China, Southeast Asia, and Europe. www.lsvp.com
General Catalyst is a venture capital firm that invests in powerful, positive change that endures — for our entrepreneurs, our investors, our people, and society. We support founders with a long-term view who challenge the status quo, partnering with them from seed to growth stage and beyond to build companies that withstand the test of time. With offices in San Francisco, Palo Alto, New York City, London, and Boston, the firm has helped support the growth of businesses such as: Airbnb, Deliveroo, Guild, Gusto, Hubspot, Illumio, Lemonade, Livongo, Oscar, Samsara, Snap, Stripe, and Warby Parker. For more: www.generalcatalyst.com.
Media Contact:
press@multiverse.io
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SOURCE Multiverse | https://www.kxii.com/prnewswire/2022/06/08/multiverse-raises-220m-expand-professional-apprenticeships-an-outstanding-alternative-college-corporate-training/ | 2022-06-08T10:33:16Z |
Seasoned executive returns to BCBSMA after eight years
BOSTON, Aug. 30, 2022 /PRNewswire/ -- The Board of Directors of Blue Cross Blue Shield of Massachusetts (BCBSMA) has selected Sarah Iselin as the company's new president and chief executive officer.
Iselin, the company's first female CEO, will succeed Andrew Dreyfus, who's led the company for the past 12 years. The change will be effective on January 1, 2023 but Iselin will begin at the company on December 5, 2022.
Iselin was selected after a months-long national search by the Board that included a large and diverse slate of talented and highly qualified executive leaders.
Iselin is currently Executive Vice President and Chief Operating Officer at Blue Shield of California, a nonprofit Blue plan with 4.7 million members and $23 billion in annual revenue. She's previously held senior leadership positions in both the private and public sectors, including Florida Blue, Optum, and in Massachusetts state government. Iselin also served in leadership roles at BCBSMA and the BCBSMA Foundation.
BCBSMA Board Chair Dorothy Puhy said, "Sarah is the right person to lead our organization into the future. She's a seasoned and innovative health care executive who combines a deep understanding of our industry and the Blues system, a passion for making health care simpler and more affordable, and a familiarity with our company and the unique role it plays in Massachusetts health care." Puhy added, "The Board is excited to work with Sarah to advance the company's mission and build on the strong record of achievement and success under Andrew's leadership."
"It's a great honor to succeed Andrew and an incredible privilege to lead a company widely recognized as one of the best health plans in the nation," said Iselin. "BCBSMA has a distinguished history of transforming health care and of influencing and inspiring the market and the nation about what is possible. It's an organization that is mission-driven to its core, with an exceptional leadership team and deeply committed and caring associates. I approach this opportunity with reverence and humility, and gratitude to the Board for its confidence and support."
"Sarah is a gifted leader who's smart, strategic, and passionate about improving health care," said Dreyfus. "She knows our company, our culture and our values, and I look forward to working closely with her on an effective transition over the next few months."
BCBSMA serves 2.9 million members and approximately 24,000 employer customers. More than 67,000 providers are part of its clinical network, and its annual revenue is more than $8 billion.
About Blue Cross Blue Shield of Massachusetts
Blue Cross Blue Shield of Massachusetts (bluecrossma.org) is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We are committed to the relentless pursuit of quality, affordable and equitable health care with an unparalleled consumer experience. Consistent with our promise to always put our members first, we are rated among the nation's best health plans for member satisfaction and quality. Connect with us on Facebook, Twitter, YouTube, and LinkedIn.
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SOURCE Blue Cross Blue Shield of Massachusetts | https://www.wibw.com/prnewswire/2022/08/30/sarah-iselin-become-new-president-ceo/ | 2022-08-30T18:56:45Z |
Strategic Integration Provides Efficient, Frictionless & Fully Digital Process for Opening Advisory Accounts
LOS ANGELES, July 27, 2022 /PRNewswire/ -- Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry, today announces the next phase of its strategic integration with Envestnet, further streamlining and digitizing the process for opening managed (advisory) accounts.
"Docupace and Envestnet share purpose and passion for improving financial outcomes and making financial wellness a reality for more people," said David Knoch, chief executive officer for Docupace. "At Docupace, we exist to turn financial planning into financial planning well-executed. Partnering the best of Docupace with the best of Envestnet brings the financial advice and investment industry one step closer to making this a reality."
Over the past year, the Product Organization at Docupace has worked to enable its legacy system to utilize the APIs available through Envestnet. These APIs allow Docupace to customize the advisor, client, and back-office experiences related to proposal and account opening workflows.
The deep, data-rich integration includes a real-time data exchange between the platforms, along with several back- and front-office enhancements, to deliver a streamlined experience to clients, advisors, and home office professionals which eliminates duplicate data entry, and creates a single-sign-on (SSO) experience for accessing and managing one or multiple accounts.
The integration also enables customers to:
- Create a new Managed Account proposal (investment portfolio proposal and goal modification) within Docupace and seamlessly transition into the created proposal via SSO.
- Quickly launch into the Envestnet dashboard from Docupace (via SSO) to work on draft items previously created and not yet completed.
- Send completed proposals and goal modifications with a click of a button.
- Fulfill supervision or compliance requirements via Docupace workflows in accordance with firm rules.
- Automatically initiate the funding process once the signed Statement of Investment Selection (SIS) is moved to IGO status via Docupace workflows.
- Authorize single signing ceremony for multiple advisory accounts.
"Our ongoing collaboration with partners like Docupace helps us optimize the digital experience for more advisors and organizations across the wealth management industry," said Molly Weiss, chief product officer of wealthtech and solutions for Envestnet. "A unified portal where advisors can seamlessly perform as much as possible on behalf of clients—using data-driven insights and a holistic view of each client's financial picture—is essential for making them the heroes who enable clients to make sense of their financial lives, and achieve better outcomes."
This new digital advisory experience is just the initial innovation for financial advisors, and work has already begun to connect this experience to the Envestnet Insurance Exchange powered by FIDx.
Think you know Docupace? Think Again. Click here to schedule a no-sales, just truth conversation with a Docupace Platform SME.
Docupace is a solutions provider focused on digitizing and automating operations in the financial advice and investment industry. Financial services firms use the Docupace Platform (a cloud-based, integrated software suite) to reduce back-office expenses, improve efficiency, strengthen recruiting, and enhance the experience of advisors and investors. With headquarters in Los Angeles, California, Docupace is proud to serve some of the largest independent broker-dealers and registered investment advisers (RIAs) in the financial services industry.
For more information, please visit www.docupace.com.
Docupace Media Contacts:
Ryan George
Chief Marketing Officer
ryan_george@docupace.com
Joseph Kuo / Donald Cutler
Haven Tower Group
jkuo@haventower.com / dcutler@haventower.com
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SOURCE Docupace Technologies, Inc. | https://www.wibw.com/prnewswire/2022/07/27/docupace-enhances-integration-with-envestnet-strengthening-digital-solution-managed-accounts/ | 2022-07-27T14:03:13Z |
NUR-SULTAN, Kazakhstan (AP) — Chinese President Xi Jinping on Wednesday started his first trip abroad since the outbreak of the pandemic with a stop in Kazakhstan ahead of a summit with Russia’s Vladimir Putin and other leaders of a Central Asian security group.
Xi’s trip underlines the importance Beijing places on ties with Russia and Central Asia as the ruling Communist Party promotes its strategic ambitions amid tension with Washington, Japan and India.
Wearing a blue suit, Xi was met on the airport tarmac by President Kassym-Jomart Tokayev and an honor guard, all of whom wore masks.
Tokayev’s government said the two leaders would discuss energy markets and global economic turmoil. Kazakhstan, a sparsely populated country of 19.4 million people and sprawling grasslands, is a major oil and gas producer. China is a leading customer.
On Thursday, Xi is due to fly to Samarkand in neighboring Uzbekistan for a summit of the eight-nation Shanghai Cooperation Organization, led by China and Russia.
Beijing and Moscow see the SCO as a counterweight to U.S. alliances in East Asia.
Other SCO governments include India, Kazakhstan, Kyrgyzstan, Pakistan and Tajikistan. Observers include Iran and Afghanistan.
The Chinese leader is promoting a “Global Security Initiative” announced in April following the formation of the Quad by Washington, Japan, Australia and India in response to Beijing’s more assertive foreign policy. Xi has given few details, but U.S. officials complain it echoes Russian arguments in support of Moscow’s attack on Ukraine.
Xi and Putin plan to hold a one-on-one meeting and discuss Ukraine, according to the Russian president’s foreign policy adviser Yuri Ushakov. | https://cw33.com/news/ap-top-headlines/ap-chinas-xi-visits-kazakhstan-ahead-of-summit-with-putin/ | 2022-09-14T23:29:33Z |
NEW YORK (AP) — Health officials remain perplexed by mysterious cases of severe liver damage in hundreds of young children around the world.
The best available evidence points to a fairly common stomach bug that isn’t known to cause liver problems in otherwise healthy kids. That virus was detected in the the blood of stricken children but — oddly — it has not been found in their diseased livers.
“There’s a lot of things that don’t make sense,” said Eric Kremer, a virus researcher at the Institute of Molecular Genetics of Montpellier, in France.
As health officials in more than a dozen countries look into the mystery, they are asking:
— Has there been some surge in the stomach bug — called adenovirus 41 — that is causing more cases of a previously undetected problem?
— Are children more susceptible due to pandemic-related lockdowns that sheltered them from the viruses kids usually experience?
— Is there some mutated version of the adenovirus causing this? Or some other not-yet-identified germ, drug or toxin?
— Is it some kind of haywire immune system reaction set off by a past COVID-19 infection and a later invasion by some other virus?
The U.S. Centers for Disease Control and Prevention and investigators around the globe are trying to sort out what’s going on.
The illnesses are considered rare. CDC officials last week said they are now looking into 180 possible cases across the U.S. Most of the children were hospitalized, at least 15 required liver transplants and six died.
More than 20 other countries have reported hundreds more cases in total, though the largest numbers have been in the U.K. and U.S.
Symptoms of hepatitis — or inflammation of the liver — include fever, fatigue, loss of appetite, nausea, vomiting, abdominal pain, dark urine, light-colored stools, joint pain and jaundice.
The scope of the problem only started to become clear last month, though disease detectives say they have been working on the mystery for months. It’s been maddeningly difficult to nail a cause down, experts say.
Conventional causes of liver inflammation in otherwise healthy kids — the viruses known as hepatitis A, B, C, D and E — didn’t show up in tests. What’s more, the children came from different places and there seemed to be no common exposures.
What did show up was adenovirus 41. More than half of the U.S. cases have tested positive for adenovirus, of which there are dozens of varieties. In a small number of specimens tested to see what kind of adenovirus was present, adenovirus 41 came up every time.
The fact that adenovirus keeps showing up strengthens the case for it playing a role, but it’s unclear how, Dr. Jay Butler, the CDC’s deputy director for infectious diseases, told The Associated Press.
Many adenoviruses are associated with common cold symptoms, such as fever, sore throat and pink eye. Some versions — including adenovirus 41 — can trigger other problems, including inflammation in the stomach and intestines. Adenoviruses previously have been linked to hepatitis in children, but mostly in kids with weakened immune systems.
Recent genetic analysis has turned up no evidence that a single new mutant version of the virus is to blame, said Dr. Umesh Parashar, chief of the CDC group focused on viral gut diseases.
Adenovirus infections are not systematically tracked in the U.S., so it’s not clear if there’s been some recent surge in virus activity. In fact, adenoviruses are so common that researchers aren’t sure what to make of their presence in these cases.
“If we start testing everybody for the adenovirus, they will find so many kids” that have it, said Dr. Heli Bhatt, a pediatric gastroenterologist who treated two Minnesota children with the liver problems.
One was a child who came in nearly five months ago with liver failure. Doctors couldn’t figure why. Unfortunately, “not having a cause is something that happens,” Bhatt said. Roughly a third of acute liver failure cases go unexplained, experts have estimated.
Bhatt said the second child she saw got sick last month. By that time, health officials had been drawing attention to cases, and she and other doctors began going back and reviewing unexplained illnesses since October.
Indeed, many cases added to the tally in the last few weeks were not recent illnesses but rather earlier ones that were re-evaluated. About 10% of the U.S. cases occurred in May, Butler said. The rate seems to be relatively flat since the fall, he added.
It’s possible that doctors are merely discovering a phenomenon that’s been going on for years, some scientists said.
Another possible explanation: COVID-19.
The CDC recently estimated that, as of February, 75% of U.S. children had been infected by the coronavirus.
Only 10% to 15% of the children with the mysterious hepatitis had COVID-19, according to nasal swab tests given when they checked into a hospital, health officials say.
But investigators are wondering about previous coronavirus infections. It’s possible that coronavirus particles lurking in the gut are playing a role, said Petter Brodin, a pediatric immunologist at Imperial College London.
In a piece earlier this month in the medical journal Lancet, Brodin and another scientist suggested that a combination of lingering coronavirus and an adenovirus infection could trigger a liver-damaging immune system reaction.
“I think it’s an unfortunate combination of circumstances that could explain this,” Brodin told the AP.
Butler said researchers have seen complex reactions like that before, and investigators are discussing ways to better check out the hypothesis.
He said it was “not out of the realm of plausibility, at all.”
A Case Western Reserve University preprint study, which has yet to be peer reviewed, suggested children who had COVID-19 had a significantly higher risk of liver damage.
Dr. Markus Buchfellner, a pediatric infectious diseases doctor at the University of Alabama at Birmingham, was involved in the identification of the first U.S. cases in the fall.
The illnesses were “weird” and concerning, he said. Six months later, “we don’t really know exactly what we’re dealing with.” | https://cw33.com/news/nexstar-media-wire/theories-emerge-on-mysterious-liver-illnesses-in-kids/ | 2022-05-23T13:52:24Z |
CHARLOTTE, N.C., April 11, 2022 /PRNewswire/ -- The Barings Global Short Duration High Yield Fund (the "Fund") (NYSE: BGH) announced its monthly dividend for April 2022 of $0.1056 per share, payable on May 2, 2022. Based on the Fund's March 31, 2022 share price of $15.50 per share, the distribution represents an annualized yield of 8.18% per share. Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.
In addition, the Fund announced estimated monthly distributions of $0.1056 per share for May and June 2022.
The distribution schedule appears below:
The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital. The final determination of the source and tax characteristics of these distributions will depend upon the Fund's investment experience during its fiscal year and will be made after the Fund's year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.
The Fund is a non-diversified, closed-end management investment company that is managed by Barings LLC. The Fund invests primarily in short-duration, global high yield bonds with the objective of seeking as high a level of current income as Barings determines is consistent with capital preservation, with a secondary objective of capital appreciation. The Fund expects to maintain a weighted average portfolio duration, including the effects of leverage, of 3 years or less.
Cautionary Notice: Certain statements contained in this press release may be "forward looking" statements. Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date in which they are made and which reflect management's current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially. These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the fund's trading intent. References to specific securities are not recommendations of such securities, and may not be representative of the fund's current or future investments. We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise.
Past performance is not necessarily indicative of future results.
Barings is a $391+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.
*Assets under management as of December 31, 2021
Contact
22-2114535
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SOURCE Barings | https://www.kxii.com/prnewswire/2022/04/11/barings-global-short-duration-high-yield-fund-announces-april-2022-monthly-distribution-01056-per-share/ | 2022-04-11T17:46:40Z |
Topeka Mayor to display local artists in City Hall gallery
TOPEKA, Kan. (WIBW) - Topeka Mayor Mike Padilla will display local artists in the gallery at City Hall in collaboration with 785 Arts LLC.
785 Arts LLC in Topeka says it has joined a collaborative project with Mayor Mike Padilla which will promote artists and the arts in the Capital City.
785 Arts said the Mayor’s Art Initiative will kick off in the summer of 2022 with a Variety Show of mixed-media art displayed in the Mayor’s Office as a private gallery.
In September, 785 said the show will open to the public at its gallery and studio located at 112 SW 6th Ave. with an artist’s reception and work available for purchase by the public. It said the work will be available through the end of 2022.
Also on display in the Mayor’s private gallery at City Hall in late 2022, 785 said there will be a selection of work from artists in the Aaron Douglas Art Fair. It said these works will be displayed at the ArtsConenct Gallery at 909 N Kansas Ave through the August First Friday Artwalk.
In 2023, 785 said there will also be four rotating shows including Living the Dream Student Artwork, Topeka Las Artes, Topeka Folk Art and Topeka Native Land Acknowledgement.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/28/topeka-mayor-display-local-artists-city-hall-gallery/ | 2022-06-28T23:33:50Z |
MIDDLETOWN, Ohio, Sept. 7, 2022 /PRNewswire/ -- EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") (NASDAQ: EEIQ), a provider of comprehensive education solutions for domestic and international students interested in college and university programs in the US, Canada and the UK, today announced that Zhenyu Wu, Chief Financial Officer, and Craig Wilson, an independent member of the Company's Board of Directors, will present virtually at the H.C. Wainwright 24th Annual Global Investment Conference being held from September 12 – 14, 2022.
The EpicQuest Education presentation will be available on-demand through the H.C. Wainwright conference portal beginning at 7:00 AM ET on Monday, September 12, 2022. The current EpicQuest Education investor presentation is available for download at the Company's website at https://ireei-global.net/events-and-presentations/.
The EpicQuest Education management team will be available for one-on-one meetings during the conference. Registered investors will be able to request a meeting with management via the conference portal. The H.C. Wainwright Global Investment Conference is a hybrid conference and can be attended in-person or virtually. To register for the conference, please visit https://hcwevents.com/annualconference/.
About EpicQuest Education Group International Limited
EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company"), through its subsidiaries Quest Holding International LLC and Highrim Holding International Limited, provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the US, Canada and the UK. The Company has acquired 80% of the equity of EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company has also acquired the right to a controlling equity ownership position in Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the regional campuses of Miami University of Ohio ("the MU Regional Campuses"), where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company also acts as a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the United Kingdom. For more information, please visit www.epicquesteducation.com.
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1 513-649-8350
ir@epicquesteducation.com
Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International Limited
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SOURCE EpicQuest Education Group International Limited | https://www.wibw.com/prnewswire/2022/09/07/epicquest-education-present-hc-wainwright-24th-annual-global-investment-conference/ | 2022-09-07T13:41:01Z |
Watching Your Wallet: Safeguarding Online Info
Several methods available to remove sensitive data
InvestigateTV - Protecting personal information is critical in the digital age, but according to experts, a simple web search of your name will likely return your age, date of birth or even home address.
Last year the Federal Trade Commission received almost 1.4 million reports of identity theft.
Mark Kapczynski, with One Rep, an online privacy company, said there are currently upwards of 150 to 200 people search websites where sensitive information is availble.
“That they can just buy this data from big companies and then just park it out on their websites so that Google can index it and show it up,” Kapczynski said. “It’s just remarkable because this is not a problem in any other country but the United States.”
He said these privacy-breaching sites do follow the law and have a feature where you can have your information removed by opting out, but it’s a time-consuming and usually temporary process.
“These people search websites are so bad that even if you remove your information through their opt out process, two to three months later, your data comes back in,” Kapczynski said.
The Consumer Online Privacy Rights Act (COPRA), which would, in part, address security of personal data, was introduced in the Senate last fall but has yet to move forward.
In the meantime, services like One Rep can help you find and remove your personal data. It costs about $100 per year but does offer a free scan. Other companies, like Norton or Reputation Defender, provide a similar service.
There’s also a new feature where you can ask Google to remove your personal information from its search results. Google will ask for examples of websites where your personal data appears and will review them, however asking Google to do this doesn’t guarantee the company will remove the information.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/23/watching-your-wallet-safeguarding-online-info/ | 2022-06-23T20:42:42Z |
A new Black & Veatch Bankability Report enhances the competitiveness of the patented Mechatron Solar M18KD dual-axis tracker for commercial and utility-scale projects. This report follows Mechatron's June certification to the UL 3703 Tracker standard.
STOCKTON, Calif., July 28, 2022 /PRNewswire/ -- Mechatron Solar has just completed a Bankability Report by Black & Veatch, providing risk analysis of the patented 90-panel M18KD dual-axis solar tracker, the largest and most powerful in the industry. The report also covers the company's expanded manufacturing facility in Stockton, which has an annual production capacity of 200 MW.
"Black & Veatch is of the opinion that the gearless design of the M18KD Tracker is unique compared to other tracker systems in the industry," the analysts state. The unusually high-yield M18KD tracker – generating 40% more energy than ground-mount frameworks and 20% more than single-axis trackers -- has the highest energy density of all solar designs. With a single mast, the tracker also has the smallest ground footprint in the solar market, ideal for carports and other constrained sites.
"The M18KD Tracker features a centralized hydraulic drive system which allows the Tracker to be installed on sites with uneven terrain," the analysts noted. "Black & Veatch believes that the height of the foundation makes the tracker the ideal solution for agricultural and carport applications," they said.
For greater energy boost, "The tall foundation may also enhance the power output of Trackers using bifacial modules," the analysts noted. In terms of safety design, "Black & Veatch observed that the gearless braking mechanism provides automatic protection capabilities and is patented by Mechatron," the analysts said.
Mechatron's next-generation gearless ball-bearing tracker design has demonstrated unparalleled operational stability and resilience, operating continuously across widely varied site conditions. The warrantied 99.6% uptime demonstrated by the M18KD is the highest availability of any system in the solar tracking industry. The tracker also presents the lowest maintenance cost over the duration of the project lifespan. As a result, the Return on Investment term for a Mechatron tracker is typically less than four years.
Among certifications, "Mechatron has achieved UL 3703 - Standard for Solar Trackers certification for the M18KD Tracker System. Black & Veatch reviewed the UL 3703 test report issued by SolarPTL on June 20, 2022," the analysts noted.
For further information, contact:
Charles Thurston
Director of Marketing
Mechatron Solar
Stockton, CA, 95205
cthurston@mechatron-solar.com
1-707-799-9766
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SOURCE Mechatron Solar | https://www.kxii.com/prnewswire/2022/07/28/mechatron-solar-completes-bampv-bankability-report/ | 2022-07-28T11:31:16Z |
- MOU ceremony in Navalmoral de la Mata (Cáceres, Spain) witnessed by Spanish Prime Minister
- The industrial park (cluster) contemplates the construction of a gigafactory of batteries for electric vehicles; a development and innovation center for the digitalization of renewable energy systems, a green hydrogen generation plant and the manufacture of electrolyzers, and a wind power generation plant and the assembly of smart wind turbines.
- Flagship Net Zero Industrial Park to lead new industry creation and Net Zero Transition in Spain
NAVALMORAL DE LA MATA, Spain, July 18, 2022 /PRNewswire/ -- Envision Group, a world-leading green technology company, today signed a General Protocol for Collaboration with the Government of Spain. Mr. Pedro Sánchez Pérez-Castejón, the Prime Minister of Spain, attended and addressed the ceremony.
Envision's partnership with the Spanish Government covers a wide range of innovative collaborations in the next five years across various regions of the country, under the umbrella of the first industrial cluster of net carbon emissions in Europe. Under the agreement, the first phase of Net Zero Industrial Park, these are: a gigafactory for batteries for electric vehicles in Navalmoral de la Mata (Extremadura); a center for development and innovation in the digitization of renewable energy systems; a green hydrogen generation plant for the manufacture of electrolysers in Alcázar de San Juan (Ciudad Real); and a wind power generation and smart wind turbine assembly plant in Las Navas del Márqués (Ávila).
It is believed that this business-government partnership will catalyze Spain's net zero transition and creation of new industry, not only for Spain but also as an important part of Europe's "building back better" program.
During the ceremony, Prime Minister Pedro Sánchez highlighted the commitment and importance of the partnership with Envision. He said, "We welcome this important partnership with Envision to accelerate Spain's transition to net zero carbon by the mid-century. Envision is a strategic partner who can provide innovative solutions to boost our green economy."
Lei Zhang, CEO of Envision said "We are fully committed to supporting Spain's national agenda on net zero transition. The creation of new industrial opportunities such as the Net Zero Industrial Park will unlock the vast potential of renewable energy in Spain and serve as a gateway to building a pan-European greentech industrial ecosystem."
The electric vehicle battery gigafactory in Navalmoral de la Mata will have a capacity of up to 50 GWh in phase 1 and will create 3,000 green jobs with high added value when it is operational in 2025. The gigafactory is part of the VENERGY+ Project, which consists of 12 partners from 10 Autonomous Communities in which suppliers of vehicle parts and components would be located using advanced technology as part of an integrated battery ecosystem. The project has been submitted to the PERTE VEC (Strategic Project for Economic Recovery and Transformation) for the Electric and Connected Vehicle, whose provisional resolution with the winning bids is expected by the end of August 2022.
As the net zero technology partner of global companies and governments, Envision aims to develop 100 Net Zero Industrial Parks in the next decade globally, reducing global carbon emissions by 1 billion tons per year.
About Envision Group
Envision Group is a world-leading green technology company and net-zero technology partner. With the mission of 'solving the challenges for a sustainable future', Envision continues to promote wind and solar as the 'new coal', batteries and hydrogen fuels as the 'new oil', the AIoT network as the 'new grid', net zero industrial parks as the 'new infrastructure' and an ecosystem of net zero technology as the 'new industry', to create a net zero world.
Envision designs, sells, and operates smart wind turbines, storage system and green hydrogen solutions through Envision Energy; AIoT-powered batteries through Envision AESC; and the world's largest AIoT operating system through Envision Digital. It also manages Envision-Sequoia Capital Net Zero Fund and owns the Envision Racing Formula E team.
On April 22, 2021, Envision announced that it will achieve operational carbon neutral by 2022 and its value chain carbon neutral by 2028.
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SOURCE Envision Group | https://www.wibw.com/prnewswire/2022/07/18/envision-signs-strategic-partnership-agreement-with-government-spain-build-first-net-zero-industrial-park-europe/ | 2022-07-18T17:47:26Z |
TIRANA, Albania (AP) — Albania’s Interior Ministry said Saturday that one of its border systems was hit by a cyberattack that came from the same Iranian source as an earlier attack that led the country to break diplomatic relations with Iran.
It said in a statement that the previous evening an Albanian police transmitting system was found to be “under a cyberattack similar to the one that (government portal) e-Albania suffered in July.”
“Preliminary results show the attack was committed by the same hand,” the statement said, adding that authorities temporarily closed down all the systems, including the Total Information Management System (TIMS), which records entries and exits at the border crossing. Local media reported long queues in at least two border crossings in the south.
Albania, a NATO member, cut diplomatic ties with Iran and expelled its embassy staff this week. It was the first known case of a country cutting diplomatic relations over a cyberattack.
“Another cyberattack from the same aggressors already exposed and denounced by Albania’s allies and friendly countries, was seen last evening on the TIMS system,” Prime Minister Edi Rama tweeted on Saturday, adding that officials are coordinating defensive work with allies.
The Albanian government has accused Iran of carrying out the July 15 attack, which temporarily shut down numerous Albanian government digital services and websites.
Microsoft, the FBI and other cyber experts helped Albania following the July attack. Microsoft said in a blog post Thursday that it was moderately confident the hackers belong to a group that has been publicly linked to Iran’s Ministry of Intelligence and Security.
The U.S. government on Friday imposed sanctions on Iran’s intelligence agency and its leadership in response to the attack on Albania. NATO and the European Union also denounced the attack and supported Albania’s move.
___
Follow Llazar Semini at https://twitter.com/lsemini | https://cw33.com/news/international/ap-international/ap-albania-reports-2nd-cyberattack-by-iran-on-border-systems/ | 2022-09-11T00:18:21Z |
Job vacancies rose in July, dashing Fed hopes for cooling
WASHINGTON (AP) — The number of open jobs in the United States rose in July after three months of declines, a sign that employers are still urgently seeking workers despite a weakening economy and high inflation.
The increase that the government reported Tuesday will be a disappointment for Federal Reserve officials, who are seeking to cool hiring and the economy by raising short-term interest rates to try to slow borrowing and spending, which tend to fuel inflation. Fed officials hope that their policies will serve primarily to reduce job openings and spare workers the pain of widespread layoffs and higher unemployment.
There were 11.2 million open jobs available on the last day of July — nearly two jobs, on average, for every unemployed person — up from 11 million in June. June’s figure was also revised sharply higher.
“The Fed has made very little progress in terms of narrowing the gap between labor supply and demand,” Aneta Markowska, chief economist at investment bank Jefferies, wrote in a research note.
Reducing the high demand for workers to a level closer to the available supply would ease the pressure on companies to pay higher wages to attract and keep workers. Higher pay has been passed on by many businesses to consumers in the form of higher prices, thereby intensifying inflation.
Last month, job openings rose in retail, warehousing and shipping, professional services, and in state and local education. Openings declined in manufacturing and health care.
The number of people who quit their jobs declined slightly in July, to 4.18 million from 4.25 million in June, according to Tuesday’s report. People typically quit jobs for a new position, usually at higher pay. As a result, fewer quits could lessen the pressure on companies to raise pay. But quitting still remains far above pre-pandemic levels, when it rarely topped 3 million.
The data released Tuesday also included a measure of layoffs, which slipped slightly in July. Despite high-profile reports of job cuts, the report reinforced the impression that most companies are holding onto the vast majority of their employees.
Job vacancies have been elevated since the economy began recovering from the pandemic recession more than two years ago. As demand has rapidly rebounded, employers have sought to quickly add workers.
When COVID-19 struck and widespread shutdowns were imposed in March and April of 2020, businesses slashed 22 million jobs. Yet not all workers have returned as the economy has recovered. There are now fewer people working or looking for work compared with pre-pandemic trends. The number of open jobs reached a record level of 11.9 million in March, before declining for three months. Before the pandemic, they had never topped 8 million.
The latest figures suggest that demand for workers remains hot. On Friday, the government will release its monthly jobs report, which is expected to show that 300,000 jobs were added, a slowdown from the previous month when hiring topped a half-million, but still a healthy number.
Fed Chair Jerome Powell and other policymakers have said they hope to reduce the number of open jobs without causing much higher unemployment. Larry Summers, a former Treasury Secretary, and Olivier Blanchard, former chief economist of the International Monetary Fund, have argued that such an outcome is unlikely.
“A reduction in (job) vacancies can take place without a big loss of employment, and this is the kind of soft landing anticipated” by Fed officials, Christopher Waller, a member of the central bank’s Board of Governors, said last month.
The Fed is trying to engineer a so-called soft landing — a slowdown in the economy that reduces inflation — currently near four-decade highs — without causing a recession.
Yet Blanchard and Summers argue that historically, job openings have never declined without an accompanying rise in layoffs.
“The sad truth is that there is no such thing as a slowdown without an increase in unemployment,” Blanchard wrote earlier this month, calling the Fed’s efforts to lower job vacancies without increasing layoffs “a vain hope.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/30/job-vacancies-rose-july-dashing-fed-hopes-cooling/ | 2022-08-30T17:52:46Z |
The Premium Tennessee Whiskey Distillery's Growth of 693% Lands the Brand in the Top 1000, Making it One of the Only Black-Owned Spirit Companies To Do So in the List's History
SHELBYVILLE, Tenn., Aug. 23, 2022 /PRNewswire/ -- Uncle Nearest Premium Whiskey, the most-awarded American Whiskey or Bourbon of 2019, 2020, and 2021, has been ranked among the top 1,000 companies honored on the 2022 Inc. 5000 list. With growth of more than 3,000% since its first year, and nearly 700% during the capture period of this Inc. 5000 list, Uncle Nearest joins an illustrious group of honorees like Microsoft, Facebook, Under Armour, Chobani, Patagonia and many other behemoths who first gained national exposure on the Inc. 5000 list. Every year, Inc. releases the ranking of the 5,000 fastest-growing private companies in America, based on percentage of revenue growth. Uncle Nearest is one of few spirit brands to ever be featured on the list.
In 2021, Uncle Nearest announced it had become the best-selling African American owned and founded spirit brand in history, selling 1.5 million bottles of its sought after super premium whiskey. The company has since gone on to sell more than three million bottles. Its whiskey portfolio, which ranges from $49.99 to $149 suggested retail price, is currently made up of its small batch whiskey, its Master Blend Edition, and its original aged whiskey offering, and is available in more than 25,000 U.S. locations.
"This year alone we are on track to sell more bottles than we did in our first three and a half years in business, and we've not even begun to scratch the surface," said Katharine Jerkens, Chief Business Officer of Uncle Nearest.
"When we entered the bourbon market, we had no idea we were making history as the first and only brand to commemorate an African American, and the first major spirit company to be founded and led by a leadership team of all women," said Fawn Weaver, Chairman, CEO and founder of Uncle Nearest. "The question on the mind of so many in the CPG and spirits industry was, could a brand with a story broaching American topics no one had ever attempted be embraced by consumers of every background, gender and race? That answer has become abundantly clear. The world had been waiting for Uncle Nearest for more than 160 years, they just didn't realize it until our bottles hit shelves."
Since its debut in 2017, the super-premium whiskey from Tennessee has swept major spirit competitions, garnering 509 awards, including 59 Best in Class, and 335 Gold, Double Gold and Platinum medals. In 2022 alone, the brand has so far won 116 medals including 12 Best in Class awards, and with an average critic score of 92 points, continues to solidify the brand's recognition as the most-awarded American whiskey or Bourbon for the fourth year in a row.
Nearest Green Distillery welcomes thousands of guests every weekend from all over the world. Its 323-acre property in Shelbyville, Tenn. is a masterclass in storytelling and purpose-driven marketing. "Our goal is to cement the legacy of Nearest Green in the history books and in the hearts and minds of people all over. We are grateful to the Inc. 5000 for this honor that reminds us we're on track to make him a household name," said Victoria Eady Butler, fifth generation Nearest Green descendant and Uncle Nearest Master Blender.
About Uncle Nearest Premium Whiskey
Uncle Nearest Premium Whiskey honors the world's first-known African American master distiller, Nearest Green. The portfolio is the Most Awarded American Whiskey or Bourbon of 2019, 2020 and 2021, with over 500 awards and accolades since the brand's 2017 launch, including 335 Gold medals or higher, 59 Best in Class honors and an average critic's score of 92. Uncle Nearest is currently sold in all 50 states and 12 countries, and is sold in more than 25,000 stores, bars, hotels, restaurants, as well as at its 323-acre Nearest Green Distillery in Shelbyville, Tenn. The brand has sold more than three million bottles of its super premium Tennessee Whiskey and continues on pace to break all prior records for fastest-growing American whiskey company. For more information, please visit the Uncle Nearest website, and follow on Instagram and Facebook @unclenearest.
About Nearest Green Distillery
Nearest Green Distillery is the world's first distillery to commemorate an African American. Dubbed as "Malt Disney World," and named by Travel + Leisure as a "true whiskey destination," the 323-acre property has become known as a full-blown destination for whiskey lovers, history enthusiasts, and families. It is a master class in storytelling and history-making, paying tribute to the three things Tennessee is most known for: Tennessee Whiskey, Tennessee Walking Horses and Tennessee Music. For more information or to book a tour, please visit unclenearest.com/distillery.
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SOURCE Uncle Nearest Premium Whiskey | https://www.kxii.com/prnewswire/2022/08/23/uncle-nearest-premium-whiskey-makes-powerful-inc-5000-list/ | 2022-08-23T15:19:45Z |
Topeka Police make robbery, drug arrest
Published: Apr. 13, 2022 at 7:48 PM CDT|Updated: 1 hour ago
TOPEKA, Kan. (WIBW) - A Topeka man was arrested Wednesday after robbing someone.
The Topeka Police Dept. says officers responded to a robbery call after 1 p.m. in the 1500 block of SW Mulvane. The suspect was found a few blocks away and taken into custody without incident.
TPD says Justin Ware, 40, was arrested for aggravated robbery, felony obstruction, and meth possession.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/14/topeka-police-make-robbery-drug-arrest/ | 2022-04-14T02:14:16Z |
MIAMI, Ariz., Aug. 29, 2022 /PRNewswire/ -- Members of the United Steelworkers union (USW) and workers from five other international unions voted overwhelmingly to ratify a new contract covering about 420 workers at the Pinto Valley Mine.
The mine, owned by Capstone Copper, employs about 170 members of USW Local 915, as well as members of the Teamsters, Operating Engineers, IBEW, Boilermakers and the UA. The six unions, led by the USW, negotiate their labor agreements jointly with the company.
The new four-year contract provides average wage increases of 18 percent, a lump-sum signing bonus, a reduction in members' health-care costs, improved retirement benefits, an increase in paid sick time, and the addition of vision coverage, along with other improvements to contract language.
The Pinto Valley Mine, located about 75 miles east of Phoenix, is one of the largest employers in the area.
USW District 12 Director Gaylan Prescott, whose office represents thousands of USW members in Arizona and 10 other western U.S. states, said that the agreement is an example of the strength workers can have when they stand together.
"The will of these mine workers, using their collective voices, resulted in increased wages, improved benefits and dignity in their workplace," Prescott said. "These workers, their families, and the communities in which they live will all benefit because of what this group was able to accomplish as a result of their unity and solidarity."
The USW represents 850,000 men and women employed in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in public sector and service occupations.
For Information, contact: R.J. Hufnagel, rhufnagel@usw.org, 412-562-2450
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SOURCE United Steelworkers (USW) | https://www.wibw.com/prnewswire/2022/08/29/union-members-vote-ratify-contract-pinto-valley-mine/ | 2022-08-29T15:23:30Z |
BEIJING, Aug. 19, 2022 /PRNewswire/ -- On March 30 and 31, Camel Group Co., Ltd. ( "Camel Group" or "the Company") was audited by an international expert team ("Expert Team")entrusted by a third party, consisting of environmental safety experts from Washington, D.C. and sociologists from Thailand. The purpose of the audit was to examine Camel Group's environmental, social and governance issues with respect to its operations in China.The comprehensive and robust investigation into Camel's ESG practices includes interviews with employees at the facilities, which were selected by the auditors.
As a result of its audit,The Expert Team recognized the Camel Group's performance in environmental protection and corporate social responsibility. The Company was praised by its employees, customers, the community, suppliers, investors, and others for its ESG practices, including implementing the national "Double Carbon" strategy, adopting and executing an effective ESG compliance system, improving corporate governance, advocating green and low-carbon practices, facilitating energy savings and emission reduction. Also noted in expert team's findings was that Camel Group implemented employee-friendly policies and took an active part in social and charitable undertakings, and deeply participated in community construction initiatives. Camel Group is committed to continuing its efforts to execute meaningful standards, and actively fulfill its security, environmental protection, and social responsibilities.
A Guardian of Safe and Green Production
Safe and green production is the cornerstone of corporate development. Camel Group highly values the management of production safety and environmental protection, and has established a safety, environmental, and occupational health management system. Every year, the factories of the Company receive internal audits for EHS certification and external audits for CQC certification. Continuous audits and improvements ensure the sound operation of the systems.
In terms of environmental monitoring, online monitoring systems have been installed for the sewage discharge of the battery factory and for the exhaust gas emission of the reclaimed lead factory, and the data is directly uploaded to the national monitoring platform. Every factory receives third-party inspections for pollution discharge and environmental quality every quarter (some indicators are monthly). Weekly self-inspections are organized in terms of safety, environmental protection, fire protection, and occupational health. Inspection results are regularly announced on the official website of the Company and the national pollutant discharge permit information platform.
The company also focuses on the information-based practices of safety and environmental protection. The "Micro-safety Platform" effectively classifies and controls sources of danger, identifies hidden danger, tracks the corrections, and sends relevant environment protection data through Camel Group's safety and environmental protection data platform.
Camel Group has always been an advocate and practitioner of green and low-carbon actions. In 2021, the Company invested RMB 90 million in safety, environmental protection, and energy saving projects. Camel Group's factories regularly promoted multiple energy-savings, water-savings and waste reduction projects, with 9 million kWh of electricity, 23000 m3 of water, and 110 tons of solid waste saved. As the Company's energy-saving and efficiency promotion efforts produce more positive outcomes, Camel Group has intensified its confidence and determination in green and sustainable development, and requires every employee to participate in the Company's philosophy of green production and green living. Together we will build a more eco-friendly and sustainable battery manufacturing and recycling industry.
A Bearer of Corporate Social Responsibilities
Performing social responsibilities is the soul of development for Camel Group. The Company actively performs its social responsibility to empower the sustainability construction of a great community. In the past two years, the Company has donated more than RMB 10 million to charitable and poverty-stricken destinations. The Company focuses on repaying the society, actively boosts rural revitalization, participates in voluntary activities, carries out emergency rescues, and contributes to a healthier and happier life for the communities in which it does business.
While performing its social responsibilities, Camel Group cares about employees and fully protects their legitimate rights and interests. Camel Group cherishes the safety and health of every employee, and has been committed to creating a sound working and living environment for them and improving their experiences in terms of working environments, health and safety, meals and living accommodations provided by the Company. In recent years, the Company has invested nearly ten million in anti-epidemic efforts. It has established and implemented anti-epidemic measures in its factories and living areas, vaccinates employees, facilitates nucleic acid testing to the maximum extent, delivers free masks, medical supplies, and other anti-epidemic supplies, thereby effectively containing the spread of the virus.
In terms of employment, Camel Group applies a consistent recruitment procedure that is impartial, voluntary, and based on the same remuneration system as other employers. The Company has erected a smooth development platform and promotion channel to help employees grow with the Company and further enhance their cohesion, solidarity, and happiness.
It is the right moment for Camel Group to continue its growth. The Company receives RBA audits by OEMs and third-party agencies at home and abroad every year, and always insists on the concept of sustainable development. In the past ten years, Camel Group has upheld its mission, provided green power, and developed the circular economy to make unremitting contributions to creating beautiful lives for all of humankind.
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SOURCE Camel Group | https://www.wibw.com/prnewswire/2022/08/19/camel-groups-practice-esg-concept-receives-high-commendation-international-expert-team/ | 2022-08-19T11:34:46Z |
LONDON, May 30, 2022 /PRNewswire/ -- The International Mountain Tourism Day activity kicked off online on the 27th May and continued until 29th May. It was commissioned by the International Mountain Tourism Alliance (IMTA).
The events were held both on and offline globally. It focused on the concept of "re-building tourism post-pandemic", "re-starting healthy lifestyles" and "re-connecting inter-continental dialogue", showcasing the theme of "Mountain Tourism Promotes a Healthy Life and Cultural Exchange".
The events were supported by the World Travel and Tourism Council (WTTC) and the International Nordic Walking Federation (INWA). The leader of Ministry of Culture and Tourism of the People's Republic of China, Shao Qiwei-IMTA Vice Chairman, Lu Yongzheng-member of the Standing Committee of the CPC Guizhou Provincial Committee and head of the Publicity Department of the CPC Guizhou Provincial Committee, He Yafei- IMTA Secretary-General, Maribel Rodriguez-WTTC Senior Vice President, Membership & Commercial, AkiKarihtala-INWA President, Georgian Ambassador to China, Deputy Chief of Mission of Israel Embassy to China shared their constructive conversation and experience.
In addition, the events connected IMTA members, destination institutions and agencies, enterprises, and experts across five continents. Delegates and guests from more than 30 countries carried out multi-dimensional, multi-level and diverse cloud interactions around the theme and three major topics to discuss, built and shared the bright future of mountain tourism.
The events were simultaneously updated on Facebook and YouTube as well as on the Chinese platforms such as Cultural Tourism China APP, the Cultural Tourism China official Weibo, Tencent, and Baidu. The replay of events could find through the Discovery China account on social media platforms.
Contact: yueqi.xiao@propellertv.co.uk, 020 8899 7420
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SOURCE Propeller TV | https://www.mysuncoast.com/prnewswire/2022/05/30/2022-international-mountain-tourism-day-theme-events-kicked-off-online/ | 2022-05-30T13:11:32Z |
Veteran software and hardware leader brings wealth of expertise to guide fast-growing ML model deployment leader towards next phase of growth
SEATTLE, Aug. 24, 2022 /PRNewswire/ -- OctoML today announced the appointment of Lip-Bu Tan as an independent new member of its board of directors, effective immediately. Lip-Bu Tan is Executive Chairman of Cadence Design Systems, Founder and Chairman of Walden International ("WI"), and Executive Managing Partner of Walden Catalyst Ventures and Celesta Capital.
"Lip-Bu's experience as a software and hardware innovator—at larger enterprises and high-growth organizations—is precisely what we need during this growth stage in our business and industry," said Luis Ceze, CEO, OctoML. "His deep knowledge of and connections to the hardware ecosystem, relentless focus on customer experience, and proven success building strategic partnerships, will be invaluable as we scale to help AI practitioners worldwide innovate faster in the deployment of intelligent applications."
Tan has four decades of hardware and software industry expertise, with a strong technical foundation in semiconductors, having recently received the Semiconductor Industry Association's highest honor, the Robert N. Noyce Award. Tan previously served as President and CEO of Cadence Design Systems, a leader in computational software, where he spearheaded the company's business and cultural transformation, tripling revenue during his tenure. He sits on the boards of several companies, including Intel Corporation, Schneider Electric SE and Credo Technology Group Holding Ltd. He also serves on the board of trustees and School of Engineering Dean's Council at Carnegie Mellon University and the University of California, Berkeley's Engineering Advisory Board.
"AI is poised to transform virtually every industry, but in order to continue innovating, the ability to deploy machine learning models to applications must become accessible to a broader set of practitioners," said Tan. "This is precisely what OctoML has set out to do. Their cutting-edge technology makes it much easier for organizations to build intelligent applications using the ML model, hardware, software and infrastructure of their choice. I'm excited to support them on their mission to make AI more accessible and sustainable."
ABOUT OCTOML
OctoML is a machine learning deployment platform with a mission to make ML more accessible and sustainable. Its industry-leading technology generates production-ready software functions that easily integrate with an organization's existing application stacks and DevOps workflows. Based in Seattle, Washington, the company's investors include Madrona Venture Group, Amplify Partners, Addition, and Tiger Global. For more information, please visit https://octoml.ai
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SOURCE OctoML | https://www.wibw.com/prnewswire/2022/08/24/octoml-appoints-lip-bu-tan-its-board-directors/ | 2022-08-24T14:16:42Z |
Expansion will bring internet speeds of up to 2 Gbps to Northern York County
EDINBURG, Va., April 26, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) has reached an agreement with county officials to bring its fiber-optic network to the northern part of York County, Virginia. Construction will start in York County in the beginning of 2023 and will ultimately provide a 100% fiber network to nearly 5,000 homes and businesses in the County. To check the status of their neighborhood and receive updates, interested residents can pre-register at www.glofiber.com and businesses can pre-register at www.glofiberbusiness.com.
"The Internet has become a vital tool for everyone, from students to homeowners to businesses. York County is happy to welcome Shentel's Glo Fiber network as an option for our community's communication needs," said Tim Wyatt, Director of Information Technology at York County.
Glo Fiber provides next-generation fiber-to-the-home (FTTH) internet access, streaming TV, and phone service in the Mid-Atlantic region, with optional wall-to-wall Wi-Fi service that allows customers to connect anywhere in their home or business. Using WiFi 6 technology, customers can enjoy faster speeds, higher performance, and better support for multiple devices throughout the home with the assurance of advanced protection and automatic updates.
"York County is a diverse community with many of its residents running small businesses, attending nearby academic institutions, and serving in our armed forces. We're proud to help better meet their communications needs by bringing Glo Fiber's connectivity to this market," said Chris Kyle, Vice President of Industry and Regulatory Affairs at Shentel. "We look forward to providing high-speed internet and exceptional customer service as we broaden our offerings to the Tidewater region."
Using Shentel's 7,400-mile regional fiber network, Glo Fiber can ensure high speeds, low latency, and fair pricing. The company has earned a reputation for providing superior local customer service across its markets, including the growing list of communities in Virginia, Maryland, Pennsylvania, and West Virginia.
Glo Fiber will offer three tiers of symmetrical, high-speed internet access, streaming TV, and unlimited local and long-distance phone service to the area. Glo TV service is delivered via an app and is compatible with Apple TV, Amazon's Fire Stick, and many smart TVs with embedded streaming software. Internet pricing is all-inclusive with no additional fees or surcharges, excluding taxes, making it an affordable option for one or more individuals relying on the Internet for work, school, and play.
To learn more about Glo Fiber, please visit www.glofiber.com. For more information about Shentel, please visit www.shentel.com or call 1-800-SHENTEL (1-800-743-6835).
About Glo Fiber
Glo Fiber (Glo) provides next-generation fiber-to-the-home (FTTH) multi-gigabit broadband internet access, live streaming TV, and digital home phone service powered by Shentel (Nasdaq: SHEN). Glo provides the fastest available service to residents leveraging XGS-PON, a state-of-the-art technology capable of symmetrical internet speeds up to 10 Gbps.
About Shenandoah Telecommunications
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art cable, fiber-optic and fixed wireless networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and voice; fiber-optic Ethernet, wavelength and leasing; and tower colocation leasing. The Company owns an extensive regional network with over 7,400 route miles of fiber and over 220 macro cellular towers. For more information, please visit www.shentel.com.
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SOURCE Shenandoah Telecommunications Company | https://www.kxii.com/prnewswire/2022/04/26/glo-fiber-announces-plans-expand-its-high-speed-fiber-optic-network-york-county-va/ | 2022-04-26T11:07:24Z |
Spirit Continues to Unanimously Recommend Stockholders to Vote FOR the Merger
on the WHITE Proxy Card
ISS Focus on JetBlue Reverse Termination Fee Proposal Fails to Adequately Weigh the Lengthy Timetable
and Elevated Business Disruption Risk of JetBlue Transaction
ISS Also Acknowledges "Robust Strategic Rationale" of Frontier-Spirit Transaction and
"Easier Glide Path to Obtain Regulatory Approval"
ISS Points Out the "Defensive" and "Opportunistic" Nature of JetBlue Proposal and Recommends
Spirit Stockholders DO NOT VOTE on JetBlue Proxy Card
MIRAMAR, Fla., May 31, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today commented on a report from Institutional Shareholder Services ("ISS") regarding the Company's definitive merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.
"We disagree with ISS' recommendation against the Frontier-Spirit merger, which we continue to believe is in the best interest of Spirit stockholders. ISS appears overfocused on the absence of a reverse termination fee in that deal, and we have consistently maintained (as ISS also acknowledges) that the JetBlue proposal carries significantly greater regulatory obstacles, and JetBlue absolutely should pay Spirit stockholders more to compensate for that risk," said Ted Christie, President and CEO of Spirit. "During the extensive discussions held between Spirit and JetBlue, JetBlue admitted that a lawsuit from DOJ seeking to block a merger with Spirit was a 100% certainty; therefore, JetBlue would have to prevail in or settle DOJ litigation in order to consummate the deal. Moreover, ISS did not recognize the elevated business disruption that Spirit would face from a lengthy review and litigation process ultimately resulting from a failed transaction with JetBlue after 18-24 months, nor did it adequately weigh the loss of substantial value Spirit stockholders otherwise would have received in a merger between Spirit and Frontier. We continue to believe the reverse termination fee is a moot point because there is nothing stopping JetBlue from walking away after achieving their goal of disrupting the Spirit-Frontier combination.
"Further, we disagree with ISS' characterization that stockholders can reinvest the cash proceeds from a JetBlue transaction to maintain exposure to the airline industry recovery. Spirit stockholders would not receive $30 of cash per share for up to two years, if ever, during which time the airline industry recovery may have delivered value for stockholders that far exceeds JetBlue's capped, inadequate and highly opportunistic offer. In contrast, the Frontier combination presents a compelling value creation opportunity due to the combination of cash and stock consideration, which gives our stockholders the chance to participate in the upside of the post-pandemic recovery in the airline industry upon close and benefit from up to $500 million in annual run-rate operating synergies.
"ISS also recommends Spirit stockholders do not vote JetBlue's proxy card, indicating ISS still sees a potential path forward for Spirit to merge with Frontier. Overall, we ask our stockholders not to be distracted by JetBlue's highly conditional tender offer, and our Board continues to unanimously recommend that Spirit stockholders vote FOR the merger proposal with Frontier," said Christie.
ISS Acknowledges that Frontier Transaction Has "Robust Strategic Rationale" and
"Easier Glide Path to Obtain Regulatory Approval"; Calls JetBlue Offer "Defensive" and Opportunistic"
In its report, ISS highlights:
- "The Frontier offer does have a sound strategic rationale, as the combined company will be the fifth largest U.S. airline and largest ultra-low cost carrier, and the equity component of the merger consideration would allow shareholders to participate in the potential upside of the combined company."
- "Spirit's argument that the proposed transaction with Frontier has an easier glide path to obtain regulatory approval than JetBlue's proposed transaction does appear reasonable. While a transaction with Frontier does eliminate the largest ULCC competitor to Frontier, it would create an overall larger ULCC with a more robust nationwide network."
- "JetBlue's proposal arguably faces more complex regulatory headwinds, particularly given the ongoing DOJ lawsuit against the NEA."
- "JetBlue's proposal would likewise remove the largest ULCC from the market, whose planes would be retrofitted to JetBlue standards, resulting in less seats per plane and therefore removing capacity from the market; JetBlue fares are also typically higher than Spirit's."
- "[JetBlue's offer] is clearly a defensive offer that may also prove to be opportunistic, given that Spirit traded above $33.00 for a sustained period in 2021."
- "The board's view that more patient shareholders would reap greater benefits by staying invested in a combined Frontier/Spirit could prove out over time, as there is robust strategic rationale for the proposed merger."
- "Investors reacted positively to the merger announcement with Frontier, driving the SAVE share price up by 17.2 percent to close at $25.46 per share, compared to a 2.8 percent rise in the US Global Jets Index and a 0.3 percent decline in the Russell 3000 Index on the same day."
Merger Agreement with Frontier
As previously announced, Spirit Airlines, Inc. entered into a merger agreement with Frontier Group Holdings, Inc. on February 5, 2022. The merger is expected to close in the second half of 2022, subject to satisfaction of customary closing conditions, including completion of the regulatory review process and approval by Spirit stockholders. The Spirit Board of Directors unanimously recommends that stockholders vote FOR all proposals relating to the transaction with Frontier.
Your Vote Is Important
The Spirit Board of Directors strongly recommends you vote "FOR" the merger on the WHITE proxy card today. For more information on how to vote for the merger, please call the Company's proxy solicitor, Okapi Partners, on their toll-free number 855-208-8903 or email info@okapipartners.com.
About Spirit Airlines
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call Á La Smarte. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean and are dedicated to giving back and improving those communities. Come save with us at spirit.com.
Additional Information About the JetBlue Tender Offer
Spirit has filed a solicitation/recommendation statement with respect to the tender offer with the Securities and Exchange Commission ("SEC"). INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE SOLICITATION/RECOMMENDATION STATEMENT WITH RESPECT TO THE TENDER OFFER AND OTHER RELEVANT DOCUMENTS THAT ARE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TENDER OFFER. You will be able to obtain free copies of the solicitation/recommendation statement with respect to the tender offer and other documents filed with the SEC by Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the documents filed with the SEC by Spirit on Spirit's Investor Relations website at https://ir.spirit.com.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy, or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, sale or solicitation would be unlawful, prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
Important Additional Information Will be Filed with the SEC
Frontier has filed with the Securities and Exchange Commission ("SEC") a Registration Statement on Form S-4 in connection with the proposed transaction, including a definitive Information Statement/Prospectus of Frontier and a definitive Proxy Statement of Spirit. The Form S-4 was declared effective on May 11, 2022 and the prospectus/proxy statement was first mailed to Spirit stockholders on May 11, 2022. Frontier and Spirit also plan to file other relevant documents with the SEC regarding the proposed transaction. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT/ INFORMATION STATEMENT/ PROSPECTUS/ PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED BY FRONTIER OR SPIRIT WITH THE SEC IN THEIR ENTIRETY CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT FRONTIER, SPIRIT, THE PROPOSED TRANSACTIONS AND RELATED MATTERS. Investors and stockholders are able to obtain free copies of the Registration Statement and the definitive Information Statement/Proxy Statement/Prospectus and other documents filed with the SEC by Frontier and Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the information statement and the proxy statement and other documents filed with the SEC by Frontier and Spirit on Frontier's Investor Relations website at https://ir.flyfrontier.com and on Spirit's Investor Relations website at https://ir.spirit.com.
Participants in the Solicitation
Frontier and Spirit, and certain of their respective directors and executive officers, may be deemed to be participants in the solicitation of proxies in respect of the proposed transactions contemplated by the Merger Agreement. Information regarding Frontier's directors and executive officers is contained in Frontier's definitive proxy statement, which was filed with the SEC on April 13, 2022. Information regarding Spirit's directors and executive officers is contained in Spirit's definitive proxy statement, which was filed with the SEC on March 30, 2022.
Cautionary Statement Regarding Forward-Looking Information
Certain statements in this communication, including statements concerning Frontier, Spirit, JetBlue, the proposed transactions and other matters, should be considered forward-looking within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Frontier's, Spirit's and JetBlue's current expectations and beliefs with respect to certain current and future events and anticipated financial and operating performance. Such forward-looking statements are and will be subject to many risks and uncertainties relating to Frontier's, Spirit's and JetBlue's operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward looking statements. Words such as "expects," "will," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "forecast," "guidance," "outlook," "goals," "targets" and other similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured. All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication. Frontier and Spirit undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances, or otherwise, except as required by applicable law.
Actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; failure to obtain applicable regulatory or Spirit stockholder approval in a timely manner or otherwise; failure to satisfy other closing conditions to the proposed transactions; failure of the parties to consummate the transaction; risks that the new businesses will not be integrated successfully or that the combined companies will not realize estimated cost savings, value of certain tax assets, synergies and growth, or that such benefits may take longer to realize than expected; failure to realize anticipated benefits of the combined operations; risks relating to unanticipated costs of integration; demand for the combined company's services; the growth, change and competitive landscape of the markets in which the combined company participates; expected seasonality trends; diversion of managements' attention from ongoing business operations and opportunities; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; risks related to investor and rating agency perceptions of each of the parties and their respective business, operations, financial condition and the industry in which they operate; risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction; that Frontier's cash and cash equivalents balances, together with the availability under certain credit facilities made available to Frontier and certain of its subsidiaries under its existing credit agreements, will be sufficient to fund Frontier's operations including capital expenditures over the next 12 months; Frontier's expectation that based on the information presently known to management, the potential liability related to Frontier's current litigation will not have a material adverse effect on its financial condition, cash flows or results of operations; that the COVID-19 pandemic will continue to impact the businesses of the companies; ongoing and increase in costs related to IT network security; the outcome of any discussions between JetBlue and Spirit with respect to a possible transaction, including the possibility that the parties will not agree to pursue a business combination transaction or that the terms of any such transaction will be materially different from those described herein; the conditions to the completion of the possible transaction, including the receipt of any required stockholder and regulatory approvals and, in particular, the companies' expectation as to the likelihood of receipt of antitrust approvals; JetBlue's ability to finance the possible transaction and the indebtedness JetBlue expects to incur in connection with the possible transaction; the possibility that JetBlue may be unable to achieve expected synergies and operating efficiencies within the expected timeframes or at all and to successfully integrate Spirit's operations with those of JetBlue, and the possibility that such integration may be more difficult, time-consuming or costly than expected or that operating costs and business disruption (including, without limitation, disruptions in relationships with employees, customers or suppliers) may be greater than expected in connection with the possible transaction; and other risks and uncertainties set forth from time to time under the sections captioned "Risk Factors" in Frontier's, Spirit's and JetBlue's reports and other documents filed with the SEC from time to time, including their Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.
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SOURCE Spirit Airlines, Inc. | https://www.kxii.com/prnewswire/2022/05/31/spirit-airlines-disagrees-with-iss-recommendation-proposed-transaction-with-frontier/ | 2022-05-31T22:29:46Z |
Mitsubishi adds a plug-in version of the popular Outlander crossover SUV for the 2023 model year, while it keeps changes small to the rest of its compact lineup.
Despite a down year across the industry, the Mitsubishi Outlander three-row SUV continues to break sales records for the small but once esteemed import brand that launched in the U.S. in 1981.
The subcompact Mirage and Outlander Sport small crossover get minor updates for 2023 to try and stave off a sales slump, but even with record-high new car prices the brand’s budget vehicles aren’t carrying the same weight as in years past.
Mitsubishi will inject some life across the lineup by honoring its rally car roots with limited edition Ralliart models launching early in 2023. All five models except for the Mirage G4 sedan will sport rally-inspired body graphics and white paint with a contrasting black roof.
Here’s what else is popping for Mitsubishi in 2023.
2023 Mitsubishi Outlander PHEV
– The plug-in hybrid variant of the seven-seat SUV gets redesigned to follow in the footsteps of the Outlander gas model. Redesigned for 2022, the value-oriented Outlander remains as one of the only affordable three-row SUVs with a plug.
– Riding on a gas platform shared with the Nissan Rogue, the 2023 Outlander PHEV employs a larger 20-kwh battery pack that gets an estimated 54 miles of electric range on the generous WLTP global emissions testing protocol (EPA estimates would peg it at about 47 miles). That nearly doubles the outgoing model’s electric range. Mitsubishi also claims it will have a larger gas tank.
– A dual-motor all-wheel-drive system comes standard but pricing and specs won’t be announced until September.
– Redesigned last year, the Outlander three-row SUV adds a 40th Anniversary limited edition model, as well as ES, SE, and SEL trims.
– Base SE models now get power-folding side mirrors.
– A black roof option can be ordered from the factory.
– AWD comes standard on every grade.
– New 18-inch wheel designs, and new headlight and fog light designs.
– Starting price of $26,840, including a $1,345 destination fee.
2023 Mitsubishi Outlander Sport
– AWD comes standard on every grade.
– Otherwise, the small crossover carries over.
2023 Mitsubishi Mirage hatchback and Mirage G4 sedan
– The efficient but coarse budget car ditches the 5-speed manual option for a CVT across the board.
– Prices increase to $17,290 for the Mirage hatch and $18,290 for the Mirage G4, including a destination fee of $1,045. That’s an increase of $250 from the 2022 Mirage ES with a CVT.
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- 2023 Dodge Hornet, 2023 Kia Sportage top this week’s new car news and reviews
- What’s New for 2023: Dodge | https://cw33.com/automotive/internet-brands/whats-new-for-2023-mitsubishi/ | 2022-09-01T03:42:33Z |
Correction to Press Release Announcing Financial Results For the First Quarter Ended March 31, 2022
Published: May. 16, 2022 at 3:35 PM CDT|Updated: 1 hour ago
HOUSTON, May 16, 2022 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today announced a correction to its press release issued on May 5, 2022, announcing the Company's unaudited financial results for the first quarter ended March 31, 2022.
The correction to the press release had no negative impact on the Company's revenues, revenue or cost per day, cash flows, adjusted net loss, or Adjusted EBITDA reported in the press release.
The correction relates to non-cash entries recorded to finalize the valuation and accounting presentation of embedded features associated with the Company's Convertible Senior Secured PIK Toggle Notes due 2026 and conforms reporting and presentation in the press release to the results and presentation as reported in the Company's Quarterly Report on Form 10-Q for the three months ended March 31, 2022.
These corrections are reflected in the updated First Quarter 2022 Highlights and the financial statements and related tables below.
First Quarter 2022 Highlights
Net loss, as defined below, of $58.8 million, or $5.20 per share.
Adjusted net loss, as defined below, of $11.1 million, or $0.98 per share.
Adjusted EBITDA, as defined below, of $3.6 million, representing an approximate 146% sequential improvement from the fourth quarter of 2021.
Net debt (before debt discount), excluding finance leases and net of deferred financing costs, of $147.1 million.
Marketed fleet utilization of 68%.
Fully burdened margin of $5,754 per day.
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 March 31, 2022 and 2021 and December 31, 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 (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 (loss) income" as net (loss) income before: asset impairment, net; gain or loss on disposition of assets, net; intangible revenue; severance and merger-related expenses; gain or loss on extinguishment of debt and other adjustments. The Company defines "EBITDA" as earnings (or loss) before interest, taxes, depreciation, and amortization, and the Company defines "adjusted EBITDA" as EBITDA before stock-based compensation, non-cash asset impairments, gain or loss on disposition of assets, gain or loss on extinguishment of debt 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 (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 (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 (loss) income, EBITDA and adjusted EBITDA may not be comparable to other similarly titled measures of other companies.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/05/16/correction-press-release-announcing-financial-results-first-quarter-ended-march-31-2022/ | 2022-05-16T21:42:30Z |
The 11th hour deal that prevented a crippling strike at the nation’s freight railroads is the biggest win for US unions in years.
The agreement, reached in the early hours Thursday, kept more than 50,000 engineers and conductors on the job, and won members the changes in work rules sought by their leadership. They also got an immediate 14% raise, backpay dating to 2020 and raises totaling 24% over the five-year life of the contracts.
It also showed the power that unions can still wield, especially when a strike threatens to deal a body blow to the nation’s supply chain and economy. The railroads will keep running while more than 100,000 union members vote on whether or not to ratify the tentative agreements in the coming weeks. Many of the votes, including by the engineers and conductors, are not yet scheduled.
In terms of big US labor contracts, however, this is just the opening act.
There are an additional 700,000 union members nationwide in key industries who could be getting new labor deals, perhaps after going on strike, in the next year.
Each of these unions seek not only lucrative contracts but significant changes in work rules and assurances of job security that could make it difficult to avoid work stoppages.
Here are some of the most crucial upcoming negotiations:
United Parcel Service
About 350,000 Teamsters at UPS are covered by a labor contract that expires at the end of July 2023. If the union goes on strike, it could be the largest walk out ever at a single US business.
A majority of Teamsters rejected their last UPS contract in 2018, but then-union president James Hoffa was able to agree to the offer because there wasn’t enough participation in the vote to trigger a strike.
An angry rank-and-file then elected a Hoffa critic, Sean O’Brien, as the union’s new president earlier this year. O’Brien made the UPS contract a key issue in his campaign for the job and vowed to make UPS, which just reported a record annual profit, pay more and improve work conditions for members.
O’Brien often talks about the $300 million strike fund the union has accumulated to pay members in case of a work stoppage.
“Do our members wake up every day wanting a strike? I’d say no. But are they fed up? Yes, they’re fed up,” O’Brien told CNN Business earlier this month. “Whether or not there is a strike, that’s totally up to the company. We’re going to utilize as much leverage as we can to get our members the contract they deserve.”
UPS said it is hopeful that the two sides can reach an agreement and avoid the company’s first national strike since 1997. The shipping giant employs more union members, by far, than any other US business. And it has been adding employees — including 72,000 new union members — since the start of the pandemic, even as other unionized employers trim their staffs.
“We want a contract that provides wins for our employees and that provides UPS the flexibility to stay competitive in a rapidly changing industry,” the company said in a statement this month. “We believe we’ll continue to find common ground with the Teamsters and reach an agreement that’s good for everyone involved.”
If the union does go on strike, be prepared for massive disruptions to the supply chain and a body blow to the economy. UPS estimates that it carries about 6% of the US gross domestic product, the broadest measure of the nation’s economic activity. With growing fears of a recession, there will be tremendous pressure on union and management to reach a deal.
Teamster drivers and package sorters at UPS are covered under a different labor law than the one governing the railroads, so the government does not have the same authority to prevent a strike as it did with the rail workers.
Airlines
Airlines are among the most heavily unionized industries in the nation, and those unions are among the most powerful. Nearly 200,000 airline union members have gone months, and in some cases years, since their last raise.
With carriers once again reporting strong revenue and profits, the unions are eager to claw back some of that revenue. The carriers have all acknowledge in comments to investors that they expect to see wages rise sharply.
And as with the rail unions, members are focused on staffing shortages and scheduling problems that they say have brought many employees to a breaking point.
The airlines are covered under the same labor law as the railroads, which means the deals don’t expire at a specific time. They become “amendable” when they reach the end of their terms, and if no contract is reached, the existing deal remains in place for however long it takes to hammer out a new one.
Members can strike, or management can lock them out, only after a 60-day cooling off period once federal mediators declare an impasse in talks. During that period, a presidential panel comes up with recommendations.
If a strike or lockout begins, it ends when the two sides reach agreement or Congress intervenes. Airlines negotiate with their own unions, so a strike would ground only one carrier, but even that would be a nightmare for the traveling public.
As a result, union leadership doesn’t know when their members might get new contracts. Some have been waiting since 2019.
“Air travel has returned.... I think this is the right time [for new contracts],” said Greg Regan, president of the Transportation Trades Department of the AFL-CIO. “Workers are going to demand better wages and better working conditions. But it’s hard to say on timing.”
It’s not just the passenger airlines whose contracts could come up in the next year. FedEx is primarily nonunion, but its pilots are unionized and their contract became amendable almost a year ago. And soon after the Teamsters contract for UPS ground workers expires, contracts for UPS pilots and aircraft mechanics become amendable.
Automakers
Deals are set to expire next year for about 150,000 United Auto Workers at General Motors, Ford and Stellantis, the company formed by the merger of Fiat Chrysler and Peugot’s PSA Group.
The last round of contracts were reached after workers at GM, angered by a number of plant closings, waged a six-week strike in September and October of 2019, months ahead of the pandemic.
There have been no plant closings since then. In fact, the automakers have been investing tens of billions of dollars to build new plants or transform old ones from traditional gas powered cars to electric vehicles.
But that switch to EVs could make the upcoming talks difficult.
It takes about 30% less labor to build an EV than a traditional car or truck because so fewer parts are needed to build them.
That’s a major concern for unions whose members build engines and transmissions. Earlier this month, more than 1,000 UAW workers at a Stellantis castings plant in Kokomo, Ind., walked out during a weekend over “local issues,” which allowed them to strike without causing a company-wide shutdown. Stellantis settled quickly because the parts from those plants keep its other factories running.
But that settlement did not address the looming question of what a switch to EVs will mean for union workers going forward.
Much of the labor needed to build an EV goes into the large batteries that power those vehicles. Automakers are rushing to build EV battery plants, almost all of which are joint ventures with battery makers. In fact, Stellantis is building one such battery plant in Kokomo in a joint venture with Samsung. So far, none of those plants are guaranteed to be staffed by union members.
That’s sure to be a major issue in the upcoming labor talks, according to Bernard Swiecki, director of research at the Center for Automotive Research, a Michigan think tank. “The planned switch to EVs is the big issue hanging out there,” he said.
Swiecki imagines that the UAW will want to press the issue in this round of talks rather than wait until the switch to EVs progresses further.
“Sorting out the unionization of the EV battery plants probably makes this the most interesting set of negotiations since the bankruptcy era,” Swiecki said, referring to the 2009 reorganizations at GM and Chryser, and the new deals that followed at all of the automakers.
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MIAMI, Aug. 18, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) (the "Company") today announced that it has closed its private offering of $1,250,000,000 aggregate principal amount of 11.625% senior unsecured notes due 2027 (the "Notes"). The Notes will mature on August 15, 2027 unless earlier redeemed or repurchased.
The Notes will be issued under an Indenture, dated as of August 18, 2022, between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar.
The Company expects to use the net proceeds from the offering of the Notes to repay principal payments on debt maturing in 2022 and/or 2023 (including to pay fees and expenses in connection with such repayments). Pending such uses, the Company may temporarily apply the proceeds to repay borrowings under its revolving credit facilities or other borrowings.
Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy any security. The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States, only to certain non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this press release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited, to: statements regarding revenues, costs and financial results for 2022 and beyond. Words such as "anticipate," "believe," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "will," "would," "considering," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, the following: the impact of the global incidence and continued spread of COVID-19, which has had and will continue to have an adverse impact on our business, liquidity and results of operations, or other contagious illnesses on economic conditions and the travel industry in general and the financial position and operating results of our Company in particular, such as: governmental and self-imposed travel restrictions and guest cancellations; our ability to extend the maturities of our existing bank facilities; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; the impact of the economic and geopolitical environment on key aspects of our business including the conflict between Ukraine and Russia, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; concerns over safety, health and security of guests and crew; our COVID-19 protocols and any other health protocols we may develop in response to infectious diseases may be costly and less effective than we expect in reducing the risk of infection and spread of such disease on our cruise ships; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; an increase in concern about the risk of illness on our ships or when travelling to or from our ships, all of which reduces demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in U.S. foreign travel policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the impact of foreign currency exchange rates, the impact of higher interest rates and fuel prices; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs related to cyber security attacks, data breaches, protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and others; the impact of new or changing legislation and regulations or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality on our business; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; the unavailability or cost of air service; and uncertainties of a foreign legal system as we are not incorporated in the United States.
In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. It is not possible to predict or identify all such risks.
Forward-looking statements should not be relied upon as a prediction of actual results. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 64 ships traveling to approximately 1,000 destinations around the world. Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, the brands have an additional 10 ships on order as of June 30, 2022.
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Former CIA officer, industry veteran, to drive and strengthen world-leading provider in integrated risk management's growth strategy
ANNAPOLIS, MD, June 6, 2022 /PRNewswire/ - Leading global integrated risk management firm Crisis24, a GardaWorld company, announced today the hiring of Matthew Bradley as Senior Vice President of Risk Solutions for the Americas.
In his role, Bradley will accelerate and execute the firm's growth strategy as the team continues to expand and strengthen its leading market position to the world's most influential people, disruptive brands, and prominent organizations.
Bringing nearly 15 years of experience with the Central Intelligence Agency serving in Honduras, Argentina, Chile, and Washington, D.C., Bradley has also worked in the private sector holding a variety of positions with risk management firms including OnSolve LLC, International SOS, and Control Risks.
"The unrivaled strength and breadth of our experience and expertise are why the world's leading organizations choose Crisis24. We are pleased that Matthew chose to join our team of dynamic experts to execute and expand on our unmatched integrated risk services," said Grégoire Pinton, Managing Director and Global Head of Integrated Risk Management. "Matt brings a depth of experience and knowledge in security, intelligence, and risk/crisis management from both the public and private sectors, and his demonstrated success in understanding and meeting customers' needs will make him a vital asset as we continue setting and exceeding our goals."
Bradley holds undergraduate degrees from Rice University in Houston, Texas, and a Master of Business Administration from Saint Joseph's University in Philadelphia, Pennsylvania. Click here to read his full bio.
Crisis24, a GardaWorld company, is widely regarded as the leading integrated risk management, crisis response, consulting, and global protective solutions firm, serving the world's most influential people, disruptive brands, and prominent organizations. Championed by our advanced Global Operation Centers and our skilled team of intelligence analysts, we offer highly specialized services, 24/7 security and consulting, with the technology and Artificial Intelligence to power it all across the globe. For more information, visit www.crisis24.com.
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SOURCE Crisis24 | https://www.mysuncoast.com/prnewswire/2022/06/06/crisis24-welcomes-matthew-bradley-senior-vice-president-risk-solutions-americas-executive-team/ | 2022-06-06T14:12:48Z |
MECHANICSBURG, Pa., May 5, 2022 /PRNewswire/ -- Select Medical Holdings Corporation ("Select Medical," "we," "us," or "our") (NYSE: SEM) today announced results for its first quarter ended March 31, 2022 and the declaration of a cash dividend.
For the first quarter ended March 31, 2022, revenue increased 3.4% to $1,599.5 million, compared to $1,546.5 million for the same quarter, prior year. Income from operations was $104.0 million for the first quarter ended March 31, 2022, compared to $202.0 million for the same quarter, prior year. For the first quarter ended March 31, 2021, income from operations included $16.1 million of other operating income related to the recognition of payments received under the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") Public Health and Social Services Emergency Fund, also referred to as the Provider Relief Fund. Net income was $55.9 million for the first quarter ended March 31, 2022, compared to $137.2 million for the same quarter, prior year. Adjusted EBITDA was $163.8 million for the first quarter ended March 31, 2022, compared to $258.3 million for the same quarter, prior year. Earnings per common share was $0.37 for the first quarter ended March 31, 2022, compared to $0.82 for the same quarter, prior year. The definition of Adjusted EBITDA and a reconciliation of net income to Adjusted EBITDA are presented in table VI of this release.
In addition to providing key statistics in table V of this release for both the first quarters ended March 31, 2022 and 2021, Select Medical also provided statistics for the comparable period in 2019. Select Medical believes this additional data provides insight into how it has performed in comparison to the year prior to the widespread emergence of the coronavirus disease 2019 ("COVID-19") in the United States. The effects of the COVID-19 pandemic, including the duration and extent of disruption on our operations, continues to create uncertainties about Select Medical's future operating results and financial condition. Please refer to the risk factors in Item 1A and the section titled "Effects of the COVID-19 Pandemic on our Results of Operations" in Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2021 for further discussion.
Company Overview
Select Medical is one of the largest operators of critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States based on number of facilities. Select Medical's reportable segments include the critical illness recovery hospital segment, the rehabilitation hospital segment, the outpatient rehabilitation segment, and the Concentra segment. As of March 31, 2022, Select Medical operated 105 critical illness recovery hospitals in 28 states, 30 rehabilitation hospitals in 12 states, and 1,901 outpatient rehabilitation clinics in 38 states and the District of Columbia. Concentra operated 518 occupational health centers in 41 states. At March 31, 2022, Select Medical had operations in 46 states and the District of Columbia. Information about Select Medical is available at www.selectmedical.com.
Critical Illness Recovery Hospital Segment
For the first quarter ended March 31, 2022, revenue for the critical illness recovery hospital segment increased 1.2% to $601.8 million, compared to $594.9 million for the same quarter, prior year. Adjusted EBITDA for the critical illness recovery hospital segment was $36.0 million for the first quarter ended March 31, 2022, compared to $113.3 million for the same quarter, prior year. For the first quarter ended March 31, 2021, Adjusted EBITDA included $17.9 million of other operating income related to the outcome of litigation with the Centers for Medicare & Medicaid Services. The Adjusted EBITDA margin for the critical illness recovery hospital segment was 6.0% for the first quarter ended March 31, 2022, compared to 19.0% for the same quarter, prior year. Certain critical illness recovery hospital key statistics are presented in table V of this release for the first quarters ended March 31, 2022 and 2021.
Rehabilitation Hospital Segment
For the first quarter ended March 31, 2022, revenue for the rehabilitation hospital segment increased 6.2% to $220.6 million, compared to $207.8 million for the same quarter, prior year. Adjusted EBITDA for the rehabilitation hospital segment was $42.4 million for the first quarter ended March 31, 2022, compared to $50.5 million for the same quarter, prior year. The Adjusted EBITDA margin for the rehabilitation hospital segment was 19.2% for the first quarter ended March 31, 2022, compared to 24.3% for the same quarter, prior year. Certain rehabilitation hospital key statistics are presented in table V of this release for the first quarters ended March 31, 2022 and 2021.
Outpatient Rehabilitation Segment
For the first quarter ended March 31, 2022, revenue for the outpatient rehabilitation segment increased 7.9% to $271.9 million, compared to $252.0 million for the same quarter, prior year. Adjusted EBITDA for the outpatient rehabilitation segment increased 1.0% to $26.6 million for the first quarter ended March 31, 2022, compared to $26.3 million for the same quarter, prior year. The Adjusted EBITDA margin for the outpatient rehabilitation segment was 9.8% for the first quarter ended March 31, 2022, compared to 10.4% for the same quarter, prior year. Certain outpatient rehabilitation key statistics are presented in table V of this release for the first quarters ended March 31, 2022 and 2021.
Concentra Segment
For the first quarter ended March 31, 2022, revenue for the Concentra segment increased to $423.4 million, compared to $422.8 million for the same quarter, prior year. Adjusted EBITDA for the Concentra segment increased 9.1% to $89.5 million for the first quarter ended March 31, 2022, compared to $82.0 million for the same quarter, prior year. The Adjusted EBITDA margin for the Concentra segment was 21.1% for the first quarter ended March 31, 2022, compared to 19.4% for the same quarter, prior year. Certain Concentra key statistics are presented in table V of this release for the first quarters ended March 31, 2022 and 2021.
Dividend
On May 5, 2022, Select Medical's board of directors declared a cash dividend of $0.125 per share. The dividend will be payable on or about June 1, 2022 to stockholders of record as of the close of business on May 19, 2022.
There is no assurance that future dividends will be declared. The declaration and payment of dividends in the future are at the discretion of Select Medical's board of directors after taking into account various factors, including, but not limited to, Select Medical's financial condition, operating results, available cash and current and anticipated cash needs, the terms of Select Medical's indebtedness, and other factors Select Medical's board of directors may deem to be relevant.
Stock Repurchase Program
The board of directors of Select Medical has authorized a common stock repurchase program to repurchase up to $1.0 billion worth of shares of its common stock. The common stock repurchase program will remain in effect until December 31, 2023, unless further extended or earlier terminated by the board of directors. Stock repurchases under this program may be made in the open market or through privately negotiated transactions, and at times and in such amounts as Select Medical deems appropriate. Select Medical funds this program with cash on hand and borrowings under its revolving credit facility.
During the first quarter ended March 31, 2022, Select Medical repurchased 2,128,494 shares at a cost of approximately $51.7 million, or $24.28 per share, which includes transaction costs. Since the inception of the common stock repurchase program through March 31, 2022, Select Medical has repurchased 42,480,122 shares at a cost of approximately $466.9 million, or $10.99 per share, which includes transaction costs.
Business Outlook for Revenue
Select Medical reaffirms its 2022 business outlook for revenue, which was provided most recently in its February 24, 2022 press release. Select Medical continues to expect consolidated revenue to be in the range of $6.25 billion to $6.40 billion for the full year of 2022. Select Medical is also reaffirming its previously issued three-year compound annual growth rate target for revenue only, which is expected to be in the range of 4% to 6% for 2021 through 2023.
Select Medical intends to address its business outlook and target compound annual growth rates for Adjusted EBITDA and earnings per common share when the labor climate stabilizes.
Conference Call
Select Medical will host a conference call regarding its first quarter results, as well as its business outlook for revenue and the impact of the COVID-19 pandemic on each of its reportable segments, on Friday, May 6, 2022, at 9:00am ET. The domestic dial in number for the call is 1-866-440-2669. The international dial in number is 1-409-220-9844. The conference ID for the call is 5892378. The conference call will be webcast simultaneously and can be accessed at Select Medical Holdings Corporation's website www.selectmedicalholdings.com.
For those unable to participate in the conference call, a replay will be available until 12:00pm ET, May 13, 2022. The replay number is 1-855-859-2056 (domestic) or 1-404-537-3406 (international). The conference ID for the replay will be 5892378. The replay can also be accessed at Select Medical Holdings Corporation's website, www.selectmedicalholdings.com.
Certain statements contained herein that are not descriptions of historical facts are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), including statements related to Select Medical's 2022 and long-term business outlook. Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements due to factors including the following:
- developments related to the COVID-19 pandemic including, but not limited to, the duration and severity of the pandemic, additional measures taken by government authorities and the private sector to limit the spread of COVID-19, and further legislative and regulatory actions which impact healthcare providers, including actions that may impact the Medicare program;
- changes in government reimbursement for our services and/or new payment policies may result in a reduction in revenue, an increase in costs, and a reduction in profitability;
- the failure of our Medicare-certified long term care hospitals or inpatient rehabilitation facilities to maintain their Medicare certifications may cause our revenue and profitability to decline;
- the failure of our Medicare-certified long term care hospitals and inpatient rehabilitation facilities operated as "hospitals within hospitals" to qualify as hospitals separate from their host hospitals may cause our revenue and profitability to decline;
- a government investigation or assertion that we have violated applicable regulations may result in sanctions or reputational harm and increased costs;
- acquisitions or joint ventures may prove difficult or unsuccessful, use significant resources or expose us to unforeseen liabilities;
- our plans and expectations related to our acquisitions and our ability to realize anticipated synergies;
- private third-party payors for our services may adopt payment policies that could limit our future revenue and profitability;
- the failure to maintain established relationships with the physicians in the areas we serve could reduce our revenue and profitability;
- shortages in qualified nurses, therapists, physicians, or other licensed providers, or the inability to attract or retain healthcare professionals due to the heightened risk of infection related to the COVID-19 pandemic, could increase our operating costs significantly or limit our ability to staff our facilities;
- competition may limit our ability to grow and result in a decrease in our revenue and profitability;
- the loss of key members of our management team could significantly disrupt our operations;
- the effect of claims asserted against us could subject us to substantial uninsured liabilities;
- a security breach of our or our third-party vendors' information technology systems may subject us to potential legal and reputational harm and may result in a violation of the Health Insurance Portability and Accountability Act of 1996 or the Health Information Technology for Economic and Clinical Health Act; and
- other factors discussed from time to time in our filings with the Securities and Exchange Commission (the "SEC"), including factors discussed under the heading "Risk Factors" of the quarterly reports on Form 10-Q and of the annual report on Form 10-K for the year ended December 31, 2021.
Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the SEC, we are under no obligation to publicly update or revise any forward-looking statements, whether as a result of any new information, future events, or otherwise. You should not place undue reliance on our forward-looking statements. Although we believe that the expectations reflected in forward-looking statements are reasonable, we cannot guarantee future results or performance.
Investor inquiries:
Joel T. Veit
Senior Vice President and Treasurer
717-972-1100
ir@selectmedical.com
II. Earnings per Share
For the Three Months Ended March 31, 2021 and 2022
(In thousands, except per share amounts, unaudited)
Select Medical's capital structure includes common stock and unvested restricted stock awards. To compute earnings per share ("EPS"), Select Medical applies the two-class method because its unvested restricted stock awards are participating securities which are entitled to participate equally with its common stock in undistributed earnings.
The following table sets forth the net income attributable to Select Medical, its common shares outstanding, and its participating securities outstanding for the three months ended March 31, 2021 and 2022:
The following tables set forth the computation of EPS under the two-class method for the three months ended March 31, 2021 and 2022:
VI. Net Income to Adjusted EBITDA Reconciliation
For the Three Months Ended March 31, 2019, 2021 and 2022
(In thousands, unaudited)
The presentation of Adjusted EBITDA is important to investors because Adjusted EBITDA is commonly used as an analytical indicator of performance by investors within the healthcare industry. Adjusted EBITDA is used by management to evaluate financial performance and determine resource allocation for each of Select Medical's segments. Adjusted EBITDA is not a measure of financial performance under accounting principles generally accepted in the United States of America ("GAAP"). Items excluded from Adjusted EBITDA are significant components in understanding and assessing financial performance. Adjusted EBITDA should not be considered in isolation or as an alternative to, or substitute for, net income, income from operations, cash flows generated by operations, investing or financing activities, or other financial statement data presented in the consolidated financial statements as indicators of financial performance or liquidity. Because Adjusted EBITDA is not a measurement determined in accordance with GAAP and is thus susceptible to varying definitions, Adjusted EBITDA as presented may not be comparable to other similarly titled measures of other companies.
The following table reconciles net income to Adjusted EBITDA for Select Medical. Adjusted EBITDA is used by Select Medical to report its segment performance. Adjusted EBITDA is defined as earnings excluding interest, income taxes, depreciation and amortization, gain (loss) on early retirement of debt, stock compensation expense, gain (loss) on sale of businesses, and equity in earnings (losses) of unconsolidated subsidiaries.
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SOURCE Select Medical Holdings Corporation | https://www.wibw.com/prnewswire/2022/05/05/select-medical-holdings-corporation-announces-results-its-first-quarter-ended-march-31-2022-cash-dividend/ | 2022-05-05T21:50:31Z |
NEW YORK, May 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NVDA, ADSK, MSTR, SQ, and HP.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/05/27/thinking-about-trading-options-or-stock-nvidia-autodesk-microstrategy-block-or-helmerich-amp-payne/ | 2022-05-27T16:13:35Z |
Independent Proxy Advisory Firm Glass Lewis Recommends Nielsen Shareholders Vote "FOR" The Proposed Transaction
NEW YORK, July 29, 2022 /PRNewswire/ -- Nielsen Holdings plc (NYSE: NLSN) today announced it has received all necessary governmental regulatory approvals required to complete its previously announced proposed transaction with a consortium of private investment funds ("Consortium") led by Evergreen Coast Capital Corp., an affiliate of Elliott Investment Management L.P., and Brookfield Business Partners L.P., together with institutional partners.
Nielsen also announced that Glass, Lewis & Co., LLC ("Glass Lewis"), a leading proxy advisory firm, recommended shareholders vote for the proposal to approve the proposed transaction. The Glass Lewis recommendation follows a July 25, 2022 report from Institutional Shareholder Services, Inc. ("ISS"), another leading independent proxy advisory firm, also recommending that shareholders vote for the proposed transaction.
Nielsen has two shareholder meetings scheduled for August 9, 2022 beginning at 8:15 AM ET: a "Court Meeting" and a "Special Meeting." The key business of these shareholder meetings is to vote on certain proposals for Nielsen to be acquired for $28.00 per share in cash by the Consortium. At the Court Meeting (which is convened by the High Court of Justice in England and Wales pursuant to U.K. law to which Nielsen is subject), shareholders will vote on whether to approve the proposed transaction by way of a scheme of arrangement. At the Special Meeting (which will immediately follow the Court Meeting), shareholders will vote on related proposals to carry the proposed transaction into effect, as well as an advisory proposal with respect to the compensation to be paid Nielsen's named executive officers in connection with the proposed transaction.
Additional Information and Where to Find It
This communication relates to the proposed transaction involving Nielsen. In connection with the proposed transaction, Nielsen has filed and will file relevant materials with the U.S. Securities and Exchange Commission (the "SEC"), including Nielsen's definitive proxy statement on Schedule 14A filed on July 8, 2022 (the "Proxy Statement"). This communication is not a substitute for the Proxy Statement or for any other document that Nielsen may file with the SEC and send to its shareholders in connection with the proposed transaction. The proposed transaction will be submitted to Nielsen's shareholders for their consideration. Before making any voting decision, Nielsen's shareholders are urged to read all relevant documents filed or to be filed with the SEC, including the Proxy Statement, as well as any amendments or supplements to those documents, when they become available because they contain or will contain important information about the proposed transaction.
Nielsen's shareholders are able to obtain a free copy of the Proxy Statement, as well as other filings containing information about Nielsen, without charge, at the SEC's website (www.sec.gov). Copies of the Proxy Statement and the filings with the SEC that are incorporated by reference therein can also be obtained, without charge, by directing a request to Nielsen Holdings plc, 675 6th Avenue New York, NY 10010, Attention: Investor Relations; telephone (410) 717-7134, or from Nielsen's website www.nielsen.com.
Participants in Solicitation
Nielsen and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding Nielsen's directors and executive officers is available in Nielsen's definitive proxy statement for its 2022 Annual General Meeting, which was filed with the SEC on April 5, 2022. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, are contained in the Proxy Statement and other relevant materials filed or to be filed with the SEC in connection with the proposed transaction when they become available. Free copies of the Proxy Statement and such other materials may be obtained as described in the preceding paragraph.
Forward-looking Statements
This communication includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These statements include those set forth above relating to the Proposed Transaction as well as those that may be identified by words such as "will," "intend," "expect," "anticipate," "should," "could" and similar expressions. These statements are subject to risks and uncertainties, and actual results and events could differ materially from what presently is expected, including regarding the proposed transaction and Nielsen ONE. Factors leading thereto may include, without limitation, the risks related to Ukraine conflict or the COVID-19 pandemic on the global economy and financial markets, the uncertainties relating to the impact of the Ukraine conflict or the COVID-19 pandemic on Nielsen's business, the failure of Nielsen's new business strategy in accomplishing Nielsen's objectives, economic or other conditions in the markets Nielsen is engaged in, impacts of actions and behaviors of customers, suppliers and competitors, technological developments, as well as legal and regulatory rules and processes affecting Nielsen's business, the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed transaction that could reduce anticipated benefits or cause the parties to abandon the proposed transaction, the occurrence of any event, change or other circumstances that could give rise to the termination of the Transaction Agreement, the possibility that Nielsen shareholders may not approve the proposed transaction, the risk that the parties to the Transaction Agreement may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Nielsen ordinary shares, the risk of any unexpected costs or expenses resulting from the Proposed Transaction, the risk of any litigation relating to the proposed transaction, the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Nielsen to retain customers and retain and hire key personnel and maintain relationships with customers, suppliers, employees, shareholders and other business relationships and on its operating results and business generally, the risk the pending proposed transaction could distract management of Nielsen, and other specific risk factors that are outlined in Nielsen's other disclosure filings and materials, which you can find on www.nielsen.com/investors, such as its 10-K, 10-Q and 8-K reports that have been filed with the Securities and Exchange Commission. Please consult these documents for a more complete understanding of these risks and uncertainties. This list of factors is not intended to be exhaustive. Such forward-looking statements only speak as of the date of these materials, and Nielsen assumes no obligation to update any written or oral forward-looking statement made by Nielsen or on its behalf as a result of new information, future events or other factors, except as required by law
About Nielsen
Nielsen shapes the world's media and content as a global leader in audience measurement, data and analytics. Through our understanding of people and their behaviors across all channels and platforms, we empower our clients with independent and actionable intelligence so they can connect and engage with their audiences—now and into the future.
An S&P 500 company, Nielsen (NYSE: NLSN) operates around the world in more than 55 countries. Learn more at www.nielsen.com or www.nielsen.com/investors and connect with us on Instagram, Facebook, Twitter, LinkedIn.
Investor Relations: Sara Gubins, +1 646 283 7571; sara.gubins@nielsen.com
Media Relations: Connie Kim, +1 240 274 9999; connie.kim@nielsen.com
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SOURCE Nielsen Holdings plc | https://www.wibw.com/prnewswire/2022/07/29/nielsen-receives-governmental-regulatory-approval-proposed-transaction-with-consortium-private-investment-funds/ | 2022-07-29T13:30:08Z |
Jamul Welcomes LGBTQ2S+ Community with Drag Performance
JAMUL, Calif., Sept. 14, 2022 /PRNewswire/ -- Bringing a new level of glitz and glam to its live entertainment lineup, Jamul Casino will host its first ever drag show, Drag it Out on Saturday, September 17, 2022. The 8pm event will be at Jamul Casino's star-lit, open-air venue, The Rooftop. Featuring San Diego's top drag entertainers, the event promises to be a dazzling showcase of larger-than-life performances and celebrity impersonations. Located at 14145 Campo Road, Jamul Casino is San Diego's newest and closest casino offering fun for everyone with award-winning dining, thousands of gaming options, and live entertainment.
The Drag it Out show will bring together numerous renowned drag queens, including Paris Sukomi Max, Lala Too, Michele Ada, Disco Dollie, Keex Rose, Naomi Daniels, and the legendary Chad Michaels, one of the world's premier Cher impersonators.
Erica M. Pinto, Chairwoman of the Jamul Indian Village, states, says, "Drag it Out is a small way for us to embrace the LGBTQ2S+ community and express our desire to welcome people from all walks of life to our home and our nation. The event should be a blast—I can't wait to see what the divas have planned!"
Jamul Casino has a robust entertainment program, with a packed September schedule. In addition to Drag it Out, Jamul Casino will host a ladies night called Magic Mike XXL on September 24, 2022 with music, muscles, and dancing. Additional live entertainers throughout September include electric violinist Amy Serrano, bass singer Floyd Armstrong, Latin band Melodia Versatil, reggae band SM Familia, musician and composer Michael Raye, 80s hits cover band 80z All Starz, Cuban band Son y Clave, and many more, along with some of San Diego's most popular DJs. Also in September, Jamul Casino is promoting Monday Night LIVE $100,000 Punchout, offering one winner each hour on Mondays a $500 prize, and a chance to win up to $100,000. In celebration of Native American Day, Jamul Casino will be offering numerous promotions on September 23 and 24, 2022. The Casino is equipped with several venues for its live entertainment and promotions, including The Rooftop, JIVe Lounge, and the Casino Floor.
Opened in 2016, the Jamul Casino is located in Jamul, California, San Diego County, and is owned and operated by Jamul Indian Village Development Corporation (JIVDC), a wholly owned enterprise of the Tribe. The $430 million, award-winning casino features nearly 1,700 slot machines, 46 live table games, a dedicated poker room, and various restaurants, bars and lounges. Jamul Casino supports more than 1,000 permanent jobs in the region and is the closest casino to downtown San Diego, which is the eighth-largest city in the United States by population. For more information about Jamul Casino, please visit www.jamulcasinosd.com.
Media Contact: Beth Binger
BCIpr
619-987-6658
beth.binger@BCIpr.com
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SOURCE Jamul Casino | https://www.wibw.com/prnewswire/2022/09/14/jamul-casino-hosts-first-drag-show-drag-it-out/ | 2022-09-14T16:30:31Z |
Lightning is suspected to have caused a fire that destroyed a home Monday night in Buckholts, displacing a family.
“It is believed that lighting struck the back side of the house,” Buckholts Volunteer Fire Department Chief Robert Rodriguez said Tuesday.
Rodriguez said he heard from the reporting party that the lighting caused a power surge before the fire broke out.
“When they heard it hit real hard, everything in the house started flickering on and off,” he said. “Then, all of a sudden, the fire broke out in the washroom in the back of the house. Before they knew it, it just got out of hand.”
Joshua Pratte, a family member of the owners of the house, said the call to 911 was made at about 7:15 p.m.
“The time that the 911 call was made when the house started to catch on fire, it took Buckholts fire department approximately 30 minutes to get to the location, which the house is only four miles from town,” he said.
At about 7:40 p.m., Rodriguez said seven fire apparatus responded to the fire, including two from Buckholts. He said they also received assistance from fire departments from Thorndale, Rockdale, Cameron and Bartlett.
“Bartlett was first on scene, so they took over the call,” Rodriguez said. “It should’ve come to Buckholts, but it came through Bell County as needing mutual aid.”
Buckholts Volunteer Fire Department does not have anyone staffing the fire station 24 hours of the day.
“Everybody has to be called out,” Rodriguez said. “It’s a volunteer deal. It’s just, who’s available? It’s hard for us small departments. It’s usually the old guys having to go. The manpower is a big issue. Nine times out of ten we call out for mutual aid. It’s kind of a hit or miss sometimes. We usually get it done. It just takes a little bit longer than we’d like to.”
Four out of the seven volunteers on Rodriguez’s department heeded the call. He said other departments helped fill the gap although the remoteness of the fire caused other issues.
Pratte said that once the firefighters got to the scene, it took almost 30 minutes for the department to deploy their equipment.
“When Buckholts fire department arrived on scene, it took (them) another 25 minutes to figure out how to use the pumps on the fire truck,” he said. “They could not figure out how to use by that time the house was engulfed in flames and other fire departments were out there.”
Rodriguez said his department trains continuously to be able to complete the duties needed for their jobs.
“If we don’t use it, you sometimes forget what needs to be done,” he said. “Adrenaline will kick in sometimes. Sometimes you just forget something. It’s human. I appreciate all the guys we have in the department. They all sacrifice their time to do what they do.”
Ultimately, the unpaid volunteers will step up to the plate when called upon, Rodriguez said.
“We do it because it needs to be done,” he said. “Nobody is out there for the glory of it. We’re all out there trying to do the job safely, together so that everyone gets home to their families.” | https://www.tdtnews.com/news/central_texas_news/article_9d46c690-f734-11ec-b93c-177ebb4ac69f.html | 2022-06-29T00:14:24Z |
NEW YORK, May 18, 2022 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential breaches of fiduciary duties and negligence by The Vanguard Group, Inc., Vanguard Chester Funds, and certain officers and trustees (MUTF: VTWNX, VTTVX, VTHRX, VTTHX, VFORX, VTIVX, VFIFX, VFFVX, VTTSX, VLXVX, VTINX) resulting from allegations that management may have issued materially misleading information to the investing public.
If you invested in Vanguard's target date retail funds, received 2021 capital gains distributions, and incurred a tax liability, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=4732 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/05/18/rosen-recognized-investor-counsel-continues-investigate-breaches-fiduciary-duties-negligence-by-vanguard-group-inc-vanguard-chester-funds-certain-officers-trustees-vtwnx-vttvx-vthrx-vtthx-vforx-vtivx-vfifx-vffvx-vttsx-vlxvx-vtinx/ | 2022-05-18T18:45:40Z |
The Queen’s and Eastbourne tournaments were spared punishment from the ATP on Monday for banning Russian and Belarussian players.
Russia’s invasion of Ukraine prompted the British Lawn Tennis Association and the All England Club — the host of Wimbledon — to bar Russian and Belarusian players from the British grass-court season.
The ATP and WTA objected at the time.
On Monday, the ATP said “Queen’s and Eastbourne will proceed as normal, offering full ATP ranking points.”
It said it consulted with its player and tournament councils.
“LTA’s decision to ban Russian and Belarusian athletes is, however, contrary to ATP rules and undermines the ability for players of any nationality to enter tournaments based on merit, and without discrimination — a fundamental principle of the ATP Tour,” it said in a statement.
“Sanctions related to LTA’s violation of ATP rules will now be assessed separately under ATP governance. ATP’s response to Wimbledon’s decision remains under review, with more to be communicated in due course.”
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/atp-spares-2-british-tournaments-for-banning-russians/ | 2022-05-17T14:34:21Z |
Dad, daughter make memories after she asks him to prom
LAS VEGAS (KVVU) - A Las Vegas father took his daughter to her high school prom after she asked him to be her date, complete with a heartfelt prom proposal.
When Jermel Jones got home, he was asked to read notes as part of a prom proposal that has received over 2 million views. As he read, each note tugged at his heart strings a little more, and he began crying.
The trail of notes led him to his daughter, Janel Jones, holding a sign that said, “Will you go to prom with me?”
It was a promise Janel made years ago, and it was a promise she wanted to keep, KVVU reports.
“I’ve always told her I’m that guy. She doesn’t need nobody, and as she got older, you start to lose that by the wayside, her getting older and thinking. When she asked me to the prom, it was just like, ‘Wow, I’ve never been to the prom,’” Jermel said.
To celebrate a first for dad and daughter, the Jones family went all out. They rented a hotel room, decorated from floor to ceiling.
“I think it’s just a special moment that you can keep forever. You always have this moment with each other,” Janel said.
While Janel was getting her makeup done, Jermel talked about feeling nervous, something many prom dates feel.
“Very, very nervous. I don’t know how I’m going to dance? Am I supposed to dance or you know? It’s not for me. It’s for her,” Jermel said.
But after they finally arrived at prom night in a limo, both dad and daughter hit the dance floor.
“It’s my baby’s day. She’s a young adult. She’s about to go off on her venture, and for us to have this last moment, to make it just special as possible, knowing that this is my first - her first - I just want it to be amazing,” Jermel said.
It might not be Jermel’s last time at prom: he still has one more daughter.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/26/dad-daughter-make-memories-after-she-asks-him-prom/ | 2022-05-26T07:46:37Z |
Following Armed Forces Day on May 21, 11,254 Active-Duty, Reservist, National Guard Members and Veterans to Receive APUS Degrees on June 17-18
CHARLES TOWN, W.Va. , May 19, 2022 /PRNewswire/ -- American Public University System (APUS), which offers online degree and certificate programs through American Military University (AMU) and American Public University (APU), is proud to celebrate Armed Forces Day on May 21 to honor all of the men and women—including current students and alumni—who are serving across military branches, as well as all those who have served and made the ultimate sacrifice for freedom.
APUS will hold its 2022 Commencement on June 17 and 18 at the Gaylord Hotel in National Harbor, Md. The Class of 2022—which includes 11,254 military and veteran graduates—is continued validation that APUS remains dedicated year-round to providing accessible and affordable higher education for veterans, active-duty military, and beyond.
Armed Forces Day was originally introduced by United States Secretary of Defense Louis Johnson to create a single holiday that would celebrate all branches of the military. On May 20, 1950, Armed Forces Day was officially observed for the first time by President Harry Truman, marked by a speech where he praised military members serving at home and overseas, saying "it is vital to the security of the nation and to the establishment of a desirable peace." Today, the observance is marked as the third Saturday each May, amid National Military Appreciation Month.
"We at American Public University System are honored to count so many exemplary members of the military among our graduating student body in the Class of 2022—on Armed Forces Day and every day," said APUS Acting President Dr. Katherine Zatz. "We are committed to giving back to those who serve. This includes our dedication to partnerships such as 50strong, which helps connect transitioning U.S. service members to potential civilian employment opportunities."
This year's class features 2,616 veterans and 8,638 military members. Prestigious Latin Honors will be presented to 2,019 military graduates and 660 veteran graduates—2,679 in total. APUS has been recognized as the #1 provider of higher education to the U.S. military and veterans,* as well as the top choice for students using Tuition Assistance (TA), according to the most recent data published from Military Times.* APUS has offered VA benefits to qualified students for nearly 20 years, beginning in January 2003.
About American Public University System
American Public University System (APUS) delivers accessible and affordable online higher education to adult learners of all backgrounds. APUS, a five-time recipient of Online Learning Consortium's (OLC) Effective Practice Award, offers more than 200 online degree and certificate programs through American Public University as well as American Military University, the #1 provider of higher education to the U.S. military and veterans.* With over 114,000 alumni worldwide, APUS is accredited by the Higher Learning Commission (HLC), an institutional accreditation agency recognized by the U.S. Department of Education. APUS is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI). For more information, visit www.apus.edu.
*Based on FY 2019 Department of Defense tuition assistance and Veterans Administration student enrollment data, as reported by Military Times, 2020.
Contact:
Kathleen Liebenberg
PR Manager, APEI
kliebenberg@apus.edu
908-858-0243
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SOURCE American Public University System | https://www.mysuncoast.com/prnewswire/2022/05/19/apus-celebrates-72nd-national-armed-forces-day-over-three-decades-continuous-military-support-with-2022-graduating-class/ | 2022-05-19T18:33:47Z |
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Tushka-Dale Baseball Highlights
Tushka-Dale Baseball Highlights
By
KXII Staff
Published: Sep. 8, 2022 at 10:06 PM CDT
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Updated: 18 minutes ago
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PHOENIX, Aug. 18, 2022 /PRNewswire/ -- Sparklight®, a member of the Cable One family of brands, was recently named to PC Magazine's list of the top 10 Fastest Internet Service Providers (ISPs) in the nation for the second consecutive year.
The leader for rigorous, labs-based comparative reviews of internet products, PC Magazine tested ISPs across the country based on upload and download speeds via PCMag Speedtest from June 1, 2021, to June 7, 2022.
"We're incredibly honored to once again be ranked by PC Magazine as one of the top 10 Fastest ISPs in U.S.," said Julie Laulis, President and CEO. "We continue to invest in our infrastructure to ensure our customers have access to a state-of-the-art network designed to support the high-speed internet needs of our customers and communities – today and in the future. Whether they are working, learning, gaming or streaming from home, we are pleased to provide our customers with a seamless, best in class experience."
Sparklight currently offers speeds up to 1 Gigabit for residential customers and up to 5 Gigabits for business customers over its fiber-powered network. With investments of nearly $950 million over the past three years, the company is laying the groundwork to launch speeds as fast as 10 Gigabits (10G) and beyond. Delivering speed 10 times faster than today's networks, 10G will transform the customer experience, creating new possibilities for smart cities, connected homes, virtual and augmented reality and business.
Earlier this year, Sparklight was named among the top 10 on PC Magazine's Best Gaming ISPs list for 2022.
For more information about Sparklight, visit www.sparklight.com.
Sparklight® is a leading broadband communications provider and a member of the Cable One family of brands, which serves more than 1.1 million residential and business customers in 24 states. Sparklight provides consumers with a wide array of connectivity and entertainment services, including high-speed internet and advanced Wi-Fi solutions, cable television and phone service. Sparklight Business provides scalable and cost-effective products for businesses ranging in size from small to mid-market, in addition to enterprise, wholesale and carrier customers.
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SOURCE Cable One | https://www.kxii.com/prnewswire/2022/08/18/pc-magazine-ranks-sparklight-among-2022s-top-10-fastest-internet-service-providers/ | 2022-08-18T14:58:38Z |
NEW YORK, June 8, 2022 /PRNewswire/ --
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
Summary Notice of Proposed Class Action Settlement
If you transacted in Euribor Products1 between June 1, 2005 and March 31, 2011, inclusive ("Class Period"), then your rights will be affected by a pending class action settlement, and you may be entitled to a portion of the settlement fund.
The purpose of this Notice is to inform you of your rights in connection with the proposed settlement with Settling Defendants Crédit Agricole S.A. and Crédit Agricole CIB (collectively, "Crédit Agricole") in the action titled Sullivan, et al. v. Barclays plc, et al., 13-cv-2811 (PKC) (S.D.N.Y.). The settlement with Crédit Agricole (the "Settlement") is not a settlement with any other Defendant and thus is not dispositive of any of Plaintiffs' claims against other Defendants.
The Settlement has been proposed in a class action lawsuit concerning the alleged manipulation of the Euro Interbank Offered Rate ("Euribor") and the prices of Euribor Products during the Class Period. The Settlement provides a total of $55 million to pay claims from persons who transacted in Euribor Products during the Class Period. If you qualify, you may potentially receive benefits from the Settlement if you (a) previously submitted a Proof of Claim and Release form ("Claim Form") in connection with prior settlements in this Action or (b) submit a Claim Form by the deadline set forth below. You can also choose to exclude yourself from the Settlement, or object to the Settlement.
The United States District Court for the Southern District of New York (500 Pearl St., New York, NY 10007-1312) authorized this Notice. Before any money is paid, the Court will hold a Settlement Hearing to decide whether to approve the Settlement.
You are a "Settlement Class Member" if you purchased, sold, held, traded, or otherwise had any interest in Euribor Products during the Class Period, and during the Class Period were either domiciled in the United States or its territories or, if domiciled outside the United States or its territories, you transacted in Euribor Products in the United States or its territories during the Class Period. "Settlement Class Members" include, but are not limited to, all persons who during the Class Period traded CME Euro currency futures contracts and options, all persons who during the Class Period transacted in NYSE LIFFE Euribor futures and options from a location within the United States, and all persons who during the Class Period traded any other Euribor Product from a location within the United States or its territories.
Contact your brokerage firm to see if you purchased, sold, held, or traded or otherwise had any interest in Euribor Products. If you are not sure you are included, you can get more information, including the Settlement Agreement,2 the Notice of Proposed Class Action Settlement, October 4, 2022 Settlement Hearing Thereon, and Settlement Class Members' Rights (the "Settlement Notice"), Plan of Allocation, Proof of Claim and Release, and other important documents, at www.EuriborSettlement.com ("Settlement Website") or by calling toll free 800-492-9154.
Plaintiffs allege that during the Class Period, Defendants (including Crédit Agricole) conspired to manipulate and manipulated Euribor and the prices of Euribor Products. Plaintiffs allege that Defendants did so by using several means of manipulation. For example, Plaintiffs allege that panel banks that made daily Euribor submissions to Thomson Reuters, falsely reported banks' costs of borrowing in order to financially benefit their Euribor Products positions. Plaintiffs also allege that Defendants requested that other Defendants make false Euribor submissions on their behalf to benefit their Euribor Products positions.
Plaintiffs further allege that Defendants continuously conspired to fix the prices of Euribor Products in the over-the-counter market to financially benefit their own Euribor Products positions. In addition to coordinating Euribor submissions and agreeing on where to price Euribor Products, Plaintiffs allege that to effectuate their alleged manipulations of Euribor and Euribor Products during the Class Period, Defendants engaged in "pushing cash," transmitted false bids and offers, used derivative traders as submitters, and rigged bids and offers for Euribor Products.
Plaintiffs have asserted legal claims under various theories, including the Sherman Act, the Commodity Exchange Act, the Racketeering Influenced and Corrupt Organizations Act, and common law.
Crédit Agricole has agreed to enter into this Settlement Agreement, while denying the allegations brought in this action and maintaining that it has meritorious defenses to Plaintiffs' claims of liability and damages, in order to avoid further expense, inconvenience and the distraction of burdensome and protracted litigation, and thereby to resolve this controversy and avoid the risks inherent in complex litigation.
Under the Settlement, Crédit Agricole agreed to pay a total of $55 million into the Settlement Fund. If the Court approves the Settlement, eligible Settlement Class Members who either previously submitted a Claim Form in connection with an earlier settlement in the Action or submit a valid Claim Form before the claims filing deadline may receive a share of the Settlement Fund after they are reduced by the payment of certain expenses. The Settlement Agreement, available on the Settlement Website, describes all of the details about the proposed Settlement. The exact amount each qualifying Settlement Class Member will receive from the Settlement Fund cannot be calculated until (1) the Court approves the Settlement; (2) certain amounts identified in the full Settlement Agreement are deducted from the Settlement Fund; and (3) the number of participating Class Members and the amount of their claims are determined. In addition, each Settlement Class Member's share of the Settlement Fund will vary depending on the information the Settlement Class Member provides on their Claim Form.
The number of claimants who send in claims varies widely from case to case. If less than 100% of the Settlement Class sends in a Claim Form, you could get more money.
If you timely submitted a Claim Form pursuant to either: (1) the November 29, 2017 Notice (the "2017 Notice") related to the $94 million settlement with Defendants Barclays plc, Barclays Bank plc, and Barclays Capital Inc. (collectively, "Barclays"), the $45 million settlement with HSBC Holdings plc and HSBC Bank plc (collectively, "HSBC"), and the $170 million settlement with Deutsche Bank AG and DB Group Services (UK) Ltd. (collectively, "Deutsche Bank"); and/or (2) the December 19, 2018 Notice (the "2018 Notice") related to the $182.5 million settlement with Citigroup Inc. and Citibank, N.A. (collectively, "Citi") and JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. (collectively, "JPMorgan"), then YOU DO NOT HAVE TO SUBMIT A NEW CLAIM FORM TO PARTICIPATE in the Settlement with Crédit Agricole. Any Settlement Class Member who previously submitted a Claim Form in connection with the 2017 Notice and/or the 2018 Notice will be subject to and bound by the releases set forth in the Settlement Agreement with Crédit Agricole, unless such member submits a timely and valid request for exclusion, explained below.
If you are a Settlement Class Member and have not previously submitted a Claim Form, you may seek to participate in the Settlement by submitting a Claim Form to the Claims Administrator at the address in the Settlement Notice postmarked no later than November 3, 2022. You may obtain a Claim Form on the Settlement Website or by calling the toll-free number referenced above. If you are a Settlement Class Member and do not file a Claim Form, you will still be bound by the releases set forth in the Settlement Agreement if the Court enters an order approving the Settlement Agreement.
All requests to be excluded from the Settlement must be made in accordance with the instructions set forth in the Settlement Notice and must be postmarked to the Claims Administrator no later than August 23, 2022. All requests for exclusion must comply with the requirements set forth in the Settlement Notice to be honored. The Settlement Notice, available at the Settlement Website, explains how to exclude yourself or object. If you exclude yourself from the Settlement Class, you will not be bound by the Settlement Agreement and can independently pursue claims at your own expense. However, if you exclude yourself, you will not be eligible to share in the Net Settlement Fund or otherwise participate in the Settlement.
The Court will hold a Settlement Hearing in this case on October 4, 2022 at 3:45 p.m. (ET), to consider whether to approve the Settlement and a request by the lawyers representing all Settlement Class Members (Lowey Dannenberg, P.C. and Lovell Stewart Halebian Jacobson LLP) for an award of attorneys' fees of no more than sixteen and one-half percent (16.5%), or $9,075,000, of the Settlement Fund for investigating the facts, litigating the case, and negotiating the settlement, and for reimbursement of their costs and expenses in the amount of no more than $1,000,000. The Plaintiffs may also request no more than $400,000 from the Settlement Fund as reimbursement of their own expenses and compensation for their time devoted to this litigation. The lawyers for the Settlement Class may also seek additional reimbursement of costs and expenses in connection with services provided after the Settlement Hearing. These payments will also be deducted from the Settlement Fund before any distributions are made to the Settlement Class.
You may ask to appear at the Settlement Hearing, but you do not have to. For more information, call toll free 800-492-9154 or visit the website www.EuriborSettlement.com.
1 "Euribor Products" means any and all interest rate swaps, forward rate agreements, futures, options, structured products, and any other instrument or transaction related in any way to Euribor, including but not limited to, New York Stock Exchange ("NYSE") London International Financial Futures and Options Exchange ("LIFFE") Euribor futures contracts and options, Chicago Mercantile Exchange ("CME") Euro currency futures contracts and options, Euro currency forward agreements, Euribor-based swaps, Euribor-based forward rate agreements, and/or any other financial instruments that reference Euribor.
2 The "Settlement Agreement" means the agreement between Plaintiffs and Crédit Agricole S.A. and Crédit Agricole CIB, entered into on March 10, 2022, and filed with the Court in this action.
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SOURCE Lowey Dannenberg, P.C. and Lovell Stewart Halebian Jacobson LLP | https://www.mysuncoast.com/prnewswire/2022/06/08/lowey-dannenberg-pc-lovell-stewart-halebian-jacobson-llp-announce-settlement-those-who-have-transacted-euribor-products-between-june-1-2005-march-31-2011/ | 2022-06-08T21:21:00Z |
Sim Racers Can Now Choose Between Extreme Performance Hydraulic or Advanced Load-Cell Brake Pedals from Asetek for Immersive Sim Racing
AALBORG, Denmark, April 4, 2022 /PRNewswire/ -- Asetek, sim racing gear innovator, the creator of the all-in-one liquid cooler, and the global leader in liquid cooling solutions for gaming PCs and DIY enthusiasts, today unveiled its high-performance Forte™ Throttle and Brake Pedal Set for immersive sim racing. Forte means "strong" and with the Forte™ Pedal Set from Asetek SimSports™, aspiring sim racers will be able to experience high-end pedals for immersive racing at a very competitive price point, while still providing a true racecar feel.
The high-end, high-value Forte™ sim racing pedals with Asetek's proprietary 2-stage MLCPC™ (Mechanical Load Cell Powered Cylinder) load-cell braking technology provide precise braking and incorporate the sleek design from the Invicta™ pedals, along with custom-made RaceHub™ software for quick and easy adjustments and calibration. The Forte™ Throttle and Brake pedals are compatible with the optional Invicta™ Clutch pedal and include several aspects of the premium-performance Invicta™ Throttle and Brake Pedal Set from Asetek SimSports™.
Forte™ Throttle and Brake Pedals Feature Set:
- Custom designed load-cell solution measuring pedal force
- MLCPC™ technology ensures the 2-stage braking system enabling perfect trail braking and gained lap time
- Identical high-performance design to Asetek SimSports™ Invicta™ pedals
- High-precision, hall-effect sensor-based throttle
- Forte™ pedals feature smooth pedal plates for a more comfortable feeling for sim racing without shoes
Learn more about the high-performance Forte™ Throttle and Brake Pedal Set in the video entitled "First Look Asetek SimSports Forte Load Cell Pedals," with Will Ford of Boosted Media.
If desired, Forte™ pedal owners will be able to upgrade their pedals to the Invicta™ T.H.O.R.P.™ (Twin Hydraulic Opposing Rapid Pistons) system and replace the Forte™ pedal plates with Invicta™ pedal plates, for the ultimate experience of driving a real racecar. The Forte™ to Invicta™ Pedal Upgrade Kit is expected to be available for purchase in 2022.
Sim racers can place their pre-orders by going to https://www.asetek.com/simsports/webshop.
- Asetek Forte™ Throttle and Brake Pedal Set is available for pre-order purchase now. Extremely competitively priced and fully immersive, the Forte™ pedals including the load-cell brake offer the performance level and quality of much higher priced solutions. The Forte™ Pedal Set with its custom-made RaceHub™ software will be available for €499.00 including VAT ($499.00 excluding sales tax when available for sale in the U.S.). Asetek expects to be shipping the Forte™ pedal set in June 2022.
- The optional Invicta™ Clutch Pedal is currently being sold for €349.00 including VAT ($349.00 excluding sales tax when available for sale in the U.S.).
"When expanding our offering of sim racing pedals, it was key that we innovate a high-quality product that provides many of the benefits of our premium performance Invicta™ pedals, at a price point accessible to many more sim racers," said André Sloth Eriksen, CEO and founder of Asetek. "With Forte™ pedals, sim racers can experience the thrill and feel of a real racecar, as well as simple customization and personalization, with a high-quality load-cell brake that will put them through their paces."
In addition to the Invicta™ and Forte™ sim racing pedals, Asetek SimSports™ will also offer wheel bases, steering wheels, shifters, and other end-user customization options.
Asetek prides itself on its credibility. Working with reviewers and influencers is an integral part of letting customers know our products will live up to everything they are designed and tested to do. When it comes to racing hardware reviews, advertising and ethics, Asetek joined the Conscious Advertising Network, a voluntary coalition of over 70 organizations to ensure that industry ethics catches up with modern advertising technology. More information can be found here: Asetek's Ethical Guidelines.
About Asetek
Asetek (ASTK.OL), a global leader in mechatronic innovation, is a Danish garage-to-stock-exchange success story. Founded in 2000, Asetek established its innovative position as the leading OEM developer and producer of the all-in-one liquid cooler for all major PC & Enthusiast gaming brands. In 2013, Asetek went public while expanding into energy-efficient and environmentally friendly cooling solutions for data centers. In 2021, Asetek introduced the first of its products for next-level immersive SimSports gaming experiences. Asetek is headquartered in Denmark and has operations in China, Taiwan, and the United States.
www.asetek.com
Media contacts
Margo Westfall
Asetek Sr. Marketing Manager
mwe@asetek.com
+1 (408) 644-5616
This information was brought to you by Cision http://news.cision.com
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SOURCE Asetek | https://www.kxii.com/prnewswire/2022/04/04/asetek-simsports-unveils-high-performance-high-value-forte-sim-racing-pedal-set/ | 2022-04-04T09:24:34Z |
BOISE, Idaho, July 20, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment accounting, reporting, and analytics solutions, will release financial results for the second quarter ended June 30, 2022 after the U.S. financial markets close on Wednesday, August 3, 2022.
In conjunction with this announcement, Clearwater Analytics will host a conference call on August 3, 2022 at 5:00 p.m. ET through a live webcast available on the Company's investor relations website. Participants must visit investors.clearwateranalytics.com in advance to register, download, and install any necessary audio software. A replay of the webcast will be available on the Company's investor relations website, in addition to a press release related to the financial results, related financial tables, and the call transcript.
About Clearwater Analytics
Clearwater Analytics is a global industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, compliance, risk, performance, and reporting. Each day, the Clearwater solution reports on more than $5.9 trillion in assets for clients that include leading insurers, asset managers, corporations, pension plans, governments, and nonprofit organizations – helping them make the most of their investment portfolio data with a world-class product and client-centric servicing. Investment professionals around the globe trust Clearwater to deliver timely, validated investment data and analytics. Additional information about Clearwater can be found at clearwateranalytics.com, LinkedIn, and Twitter.
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SOURCE Clearwater Analytics, LLC | https://www.mysuncoast.com/prnewswire/2022/07/20/clearwater-analytics-announce-second-quarter-2022-financial-results-august-3-2022/ | 2022-07-20T21:26:47Z |
SHANGHAI, Aug. 1, 2022 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
The Company is aware that it has been identified by the United States Securities and Exchange Commission (the "SEC") under the Holding Foreign Companies Accountable Act of the United States (the "HFCAA") on July 29, 2022. Such identification may have resulted from the Company's filing of the annual report on Form 20-F for the fiscal year ended March 31, 2022.
The Company understands that the SEC made such identification pursuant to the HFCAA and its implementation rules issued thereunder. This indicates that the SEC has determined that the Company used an auditor, whose working paper cannot be inspected or investigated completely by the Public Company Accounting Oversight Board of the United States (the "PCAOB"), to issue the audit opinion for the Company's financial statements for the fiscal year ended March 31,2022.
In accordance with the HFCAA, a company will be delisted from a U.S. stock exchange if such company has been identified by the SEC for three consecutive years due to PCAOB's inability to inspect the auditor's working paper.
Boqii will continue to monitor developments and has been actively exploring possible solutions to best protect the interest of its stakeholders. The Company also notes that this update has no impact on its business operations. Boqii will continue to comply with applicable laws and regulations in both China and the United States, and strive to maintain its listing status on the New York Stock Exchange.
About Boqii Holding Limited
Boqii Holding Limited (NYSE: BQ) is a leading pet-focused platform in China. We are the leading online destination for pet products and supplies in China with our broad selection of high-quality products including global leading brands, local emerging brands, and our own private label, Yoken and Mocare, offered at competitive prices. Our online sales platforms, including Boqii Mall and our flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Our Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the SEC, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties.
Further information regarding such risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: ir@boqii.com
DLK Advisory Limited
Tel: +852-2857-7101
Email: ir@dlkadvisory.com
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SOURCE Boqii Holding Limited | https://www.wibw.com/prnewswire/2022/08/01/boqii-provides-update-its-status-under-holding-foreign-companies-accountable-act/ | 2022-08-01T13:15:33Z |
Boards Packed with Fresh Fruit, Chocolate, Brownies, Cookies, Cupcakes and Cheesecake
ATLANTA, June 1, 2022 /PRNewswire/ -- Step aside charcuterie boards, Edible has a sweet way to wow your party guests and earn extra brownie points with their new dessert boards. These Instagram-worthy creations are full of fresh fruit, chocolate, and baked goods. The dessert boards are designed to feed a crowd and can serve up to 15 people.
The new Edible Signature Dessert Board and Ultimate Dessert Board will be available for order online and in Edible's more than 900 stores starting May 23, 2022. Pricing starts at $179.99. On June 20, 2022, a new Birthday Party Dessert Board with celebration cupcakes will also be available.
The boards include brownies, an assortment of cheesecake and cookies; fresh strawberries, pineapple, blueberries, grapes and orange slices; chocolate and vanilla cupcakes; chocolate and white chocolate swizzle strawberries, apple wedges and pineapple; and double dipped bananas. The Ultimate Dessert Board is larger and also includes peanut butter cups, Jordan crackers and pecan patties.
"Charcuterie boards are always a hit, and our new Edible dessert boards are a perfectly sweet complement for parties big or small," said Angela Johnson, VP of Innovation and Merchandising of Edible. "The dessert boards have something for everyone, whether your sweet tooth craves fresh fruit, chocolate, or a brownie, cookie, cupcake or cheesecake."
The new Signature and Birthday Party Dessert Boards will also be available in Canada, with the Ultimate Dessert Board launching at a later date. Pricing in Canada starts at $209.99.
Edible pioneered the edible fresh fruit arrangement and now offers fresh fruit smoothies, fresh produce boxes and baked goods both online and at over 900 Edible locations worldwide. For more information, visit www.ediblearrangements.com.
Edible Brands is the parent company of Edible®, the world's largest franchisor of stores offering fresh fruit snacks, dipped treats, and fruit arrangements with over 900 locations worldwide. Since its founding in 1999, the company has been recognized as an industry leader, ranking first in its category in Entrepreneur magazine's annual "Franchise 500," Entrepreneur's Top 40 of "Fastest Growing Franchises'' and "America's Top Global Franchises" as well as being included among the "Inc. 5000" list of the fastest growing privately-held companies. Edible's fresh fruit arrangements, chocolate Dipped Fruit®, fresh fruit smoothies, fresh produce boxes and other treats can be ordered through any local Edible store or online at edible.com. Edible has franchise opportunities available in a number of key markets in the United States and Canada. For more information about owning an Edible please visit ediblefranchise.com.
IMAGES: HERE
MEDIA CONTACT:
Media@edible.com
786.605.9228
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SOURCE Edible Brands | https://www.mysuncoast.com/prnewswire/2022/06/01/edible-introduces-new-dessert-boards-feed-crowd/ | 2022-06-01T15:32:09Z |
WASHINGTON, June 7, 2022 /PRNewswire/ -- The CFP Board Center for Financial Planning ("Center") today announced that Schwab Advisor Services and the Charles Schwab Foundation are expanding their support of the Center's work with a new four-year grant to help build a more diverse and sustainable financial planning profession.
The new pledge builds on past donations that helped launch the Center in 2015. It allows the Center to continue driving comprehensive growth and strategic diversification of the financial planning profession through research, education and thought leadership directed at students, certified advisors, financial services executives and consumers.
Specifically, the donation will create a scholarship fund over the next four years to support scholarships for CFP® certification candidates, including candidates from underrepresented groups. The donation will also provide support for the Center's annual Diversity Summit in October and funding for co-branded research on diversity in the financial planning profession.
"Schwab Advisor Services and the Charles Schwab Foundation have been tremendous partners of the Center, and this pledge demonstrates their lasting commitment to our mission," said CFP Board CEO Kevin R. Keller, CAE. "CFP Board is grateful for this generous support for research and scholarships in the interest of increasing diversity in the financial planning profession."
Past contributions from Schwab Advisor Services and the Charles Schwab Foundation to the Center have made possible wide-ranging research on racial diversity in financial planning as well as the Center's annual Diversity Summit, which features nationally renowned speakers, networking among CFP® certificants and candidates, and breakout sessions exploring how financial planning can attract and retain ethnically and racially diverse talent.
"Trust between advisors and clients is anchored in a clear alignment between an individual's needs and values and the relationship that they have with the advisor. So, it follows that championing diversity across the independent advice industry is critically important," said Bernie Clark, head of Schwab Advisor Services. "Investors are increasingly turning to independent advice, but they also want to be able to work with advisors that can understand their individual world view, and so we must continue to attract and develop advisors from all different backgrounds."
"With this new charitable pledge, Schwab Advisor Services and the Charles Schwab Foundation remain the single largest donor to the Center," said D.A. Abrams, Managing Director of the CFP Board Center for Financial Planning. "As the Center works to attract, onboard and train the next generation of financial planners who can competently and ethically serve the public, we are grateful for the generous support from Schwab Advisor Services and the Charles Schwab Foundation that helps make our vision possible."
To learn more and support the Center's initiatives, click here.
Certified Financial Planner Board of Standards, Inc. is a professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. CFP Board, along with its Center for Financial Planning, is committed to increasing the public's awareness of CFP® certification and access to a diverse, ethical and competent financial planning workforce. Widely recognized by firms as the standard for financial planning, CFP® certification is held by more than 92,000 people in the United States.
The CFP Board Center for Financial Planning seeks to create a more diverse and sustainable financial planning profession so that every American has access to competent and ethical financial planning advice. The Center brings together CFP® professionals, firms, educators, researchers and experts to address profession-wide challenges in the areas of diversity and workforce development, and to build an academic home that offers opportunities for conducting and publishing new research that adds to the financial planning body of knowledge.
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SOURCE Certified Financial Planner Board of Standards, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/cfp-board-center-financial-planning-announces-expanded-partnership-with-charles-schwab-foundation-schwab-advisor-services/ | 2022-06-07T19:15:35Z |
Dear Annie: In the waiting room of a clinic, I had to endure a long one-sided conversation by a woman on her cellphone. I can understand getting a call and quietly telling the caller that they will call them back, but people don’t seem to do that.
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WASHINGTON , Sept. 15, 2022 /PRNewswire/ -- The DC Commission on the Arts and Humanities (CAH) incorporated a number of changes recommended by the CAH Task Force on Equity, Inclusion, and Belonging and made progress towards its equitable funding goals.
In 2021, CAH successfully worked with the DC Council to legislatively establish an expanded general operating support grant program. CAH now allocates 54% of its annual grants budget to general operating support (GOS) grants. This measure allows for an increased pool of funding for these awards. To create a more equitable evaluation process, applicants are grouped and reviewed in cohorts with similar-sized budgets. These unrestricted grant funds enable CAH grantee partners to build capacity and organizational infrastructure.
One year into the new grant funding formula and nearly two years after the findings of the taskforce, CAH's efforts have yielded some positive results. In FY22, 22 new grantee partners received $2.81 million in funding via the GOS program. CAH also increased its grant awards to organizations and artists in Wards 4, 5, 7 & 8, where funding has historically been smaller and less equitably distributed, by $5.4 million, a 78% increase from FY21. CAH increased the grant allocation for organizations and artists in these wards by 7%.
CAH saw an overall budget increase of $11.6 Million dollars in FY22 (an 27% increase) from its FY21 budget, including critically important relief funds to artists and institutions in the District facing financial instability from the COVID-19 pandemic. CAH awarded over $2.5 million to 340 organizations through the FY22 Relief and Recovery Fund (RRF) grant. Over $1.38 million of these funds went to artists and organizations in Wards 4, 5, 7 & 8.
"The CAH has a clear mission: to equitably invest in the city's arts and cultural sector, drive innovation, and to bolster the entire ecosystem of the arts and humanities in the nation's capital" said CAH Chairperson Reggie Van Lee. "With this historic investment and focus on strengthening the capacity of our grantee partners, CAH is doing our part to build a more sustainable arts community in the District. We have expanded our programming, welcomed new grantee partners, collaborated with other District agencies, and substantially increased our direct engagement to the community. Our important work has just begun, but we are pleased with our forward process."
The Commission also made an impact in the community through partnerships. CAH partnered with the DC Department of Transportation (DDOT) and DC Public Schools (DCPS) on the Color the Curb: School Safety Program to heighten the awareness of vehicular and pedestrian safety near schools. CAH also began a new partnership with the DC Public Library, allowing for the development of free cultural programming for District residents and visitors.
To learn more about the work of CAH and some of the agency's recent success stories visit dcarts.dc.gov.
Additional Highlights Include:
- CAH increased its funding support to the DC Department of Small & Local Business Development (DSLBD) to $285,000 to support and expand the Art All Night festival, a celebration of local artists, businesses, and organizations, which attracts more than 120,000 attendees. The festival, held on September 23 and 24, highlights the District's robust arts sector.
- 85 Grantee partners participated in the FY22 Mentor/Protégé Program, CAH's annual summer capacity building program. This initiative supports both large and small organizations and creates an ecosystem where they can support and learn from each other.
CONTACT
Jeffrey Scott (CAH), 202-341-9908, jeffrey.scott@dc.gov
Press Office (Bayne); 202-594-9223; press@bayne.com
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SOURCE DC Commission on Arts & Humanities | https://www.mysuncoast.com/prnewswire/2022/09/15/dc-commission-arts-humanities-reports-significant-progress-efforts-make-art-funding-more-equitable/ | 2022-09-15T18:12:29Z |
Company Expands its Florida Footprint with its Third Office Location in the Sunshine State
ORLANDO, Fla., July 11, 2022 /PRNewswire/ -- New Western, the largest national private source of distressed residential investment properties, announced today the opening of its third Florida office, located in Orlando. This is the 46th office opening for the real estate marketplace connecting local investors looking to rehab houses with sellers.
"We're incredibly excited to extend our footprint in the Florida market with the opening of the Orlando office," said Kurt Carlton, co-founder and president of New Western. "New Western partners with local real estate investors to help facilitate the revitalization of aged and vacant properties. The success we've experienced in St. Petersburg and Tampa is a testament to the value our resources and expertise bring to local real estate investors."
New Western brings market insight and its exclusive marketplace of distressed investment property inventory to help real estate investors acquire fixer-upper properties. The company's agents are helping to address the affordable housing shortage by revitalizing distressed homes across the U.S., with more than 1.4 million aged properties in the Orlando metropolitan area alone and just over 65% built before 2002. A recent report analyzing U.S. Census data shows there are 16 million vacant homes across the U.S.
Chad Ellis is the general manager (GM) leading the company's Orlando office, alongside regional director Mike Valerio. As GM, Ellis is responsible for recruiting, hiring, training and leading his team to revitalize $639 million in residential properties in the Orlando area over the next five years.
"After a successful few years in the Dallas area, I'm looking forward to becoming a part of the Orlando community and helping provide much-needed housing inventory to local investors," said Ellis. "With median home prices in the metropolitan area trending up year-over-year, my team will have the unique opportunity to help revitalize Orlando's distressed housing inventory and return affordable housing options to the market."
Ellis began his career with New Western in 2017 in its Dallas office and served as the general manager, where he successfully led market sales totaling more than $850 million for the past five years. In 2022, New Western asked Ellis to open its Orlando office. The new office is located at 300 South Orange Avenue, Suite 1000, Orlando, Florida.
New Western is the largest private source of investment properties in the nation. Since 2008, New Western has bought and sold nearly $12 billion in residential real estate.
New Western makes real estate investing more accessible for more people. Operating in most major cities, our marketplace connects more than 100,000 local investors looking to rehab houses with sellers. As the largest private source of investment properties in the nation, we buy a home every 13 minutes. New Western delivers new opportunity for all—a fresh start for sellers, exclusive inventory for investors, and affordable housing for buyers. For more information, visit www.newwestern.com.
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SOURCE New Western | https://www.wibw.com/prnewswire/2022/07/11/new-western-enters-orlando-housing-market-with-plans-revitalize-639m-affordable-homes-over-five-years/ | 2022-07-11T13:08:49Z |
SAN FRANCISCO (AP) — Joc Pederson turned a pair of pregame chats with home run king Barry Bonds into the best night of his career.
Pederson homered three times and drove in a career-high eight runs, including a tying single with two outs in the ninth inning, and the San Francisco Giants outslugged the New York Mets 13-12 on Tuesday in one of the wildest games imaginable.
“Just getting knowledge from such a good hitter and the way he thinks about baseball and hitting, it just helped to connect some dots to free my mind up at the plate,” Pederson said. “I’m not ever going to be Barry Bonds. He’s the best hitter to touch a bat. But it definitely helped free my mind up in the box.”
Brandon Crawford hit a game-winning single off closer Edwin Díaz and the Giants — after blowing a late six-run lead — somehow recovered to pull off two improbable comebacks of their own.
Francisco Lindor homered and drove in six runs for the Mets, including a bases-loaded triple that put them ahead in a seven-run eighth.
Pederson was preparing for the game when he and teammate LaMonte Wade Jr. spent 30 minutes with Bonds in the Giants’ clubhouse. Pederson and Bonds chatted again in a private office before Pederson politely excused himself.
“The next thing you know it was like 6:25 p.m. and I was like, `I gotta go,’” Pederson said.
San Francisco squandered an 8-2 cushion by giving up two runs in the seventh and seven in the eighth to fall behind 11-8. Pederson tied it with a three-run homer in the bottom half, but the Giants trailed 12-11 in the ninth before rallying with two outs and none on to stun New York and end their five-game losing streak.
“He was joking about it after his first one, about talking to Barry,” Giants starter Logan Webb said of Pederson. “Then he hit the second, then he hit the third and it was like, man, this guy is something else. You’re not going to cheat him with anything. He’s trying to do that every at-bat.”
Pederson launched a pair of two-run homers off Mets starter Chris Bassitt. San Francisco’s slumping cleanup hitter then crushed his third homer of the night, a three-run drive into McCovey Cove off reliever Drew Smith with two outs in the eighth to erase New York’s 11-8 lead.
“He had a good night against us,” Mets manager Buck Showalter said. “We missed a lot of locations with fastballs tonight. That’s not the way we’ve been doing it for the most part, so tonight was a challenge for us.”
Pederson was 4 for 46 in May before his big day.
“It was probably the best individual offensive performance that I’ve ever been around, considering all things like big moments in the game and the necessity to be resilient even in that last at-bat,” Giants manager Gabe Kapler said.
The Mets went back ahead in the ninth on Brandon Nimmo’s sacrifice fly after Dominic Smith’s leadoff triple.
But in the bottom half, Mike Yastrzemski walked with two outs and Darin Ruf singled. Pederson’s single tied it and Crawford, who struck out three times earlier, followed with a sharp single off Díaz (1-1) that drove in Ruf.
It was the third blown save for Díaz. John Brebbia (2-0) got the win.
The loss prevented the Mets (29-16) from being the first National League team to reach 30 wins. The Yankees were the first American League team to do it, having beaten the Orioles earlier in the day.
Eduardo Escobar had four hits for the Mets, who put together their latest big comeback before falling short. New York scored five runs in the ninth inning of a 5-2 win at St. Louis on April 25 and seven in the ninth for an 8-7 victory at Philadelphia on May 5.
Giants reliever Tyler Rogers allowed four consecutive singles to open the eighth, and Dominic Smith’s two-run single made it 8-6. After Mark Canha was caught in a rundown between third and home, Nimmo reached on an infield single and Starling Marte singled in a run to load the bases.
Lindor followed with a sharp liner into the left-field corner and Pederson briefly fumbled the ball as all three runners scored. Pete Alonso added a sacrifice fly.
Tommy La Stella hit a three-run homer for the Giants. His second this season also came off Bassitt, who was tagged for a career-high eight runs in 4 1/3 innings.
NUMBERS GAME
San Francisco had a 99.2% win probability when leading 8-2, according to Fangraphs, 3.6% when trailing 11-8 and 4.2% when behind 12-11 with two outs and none on in the ninth.
HISTORY LESSON
Pederson’s eight RBIs were tied for third-most by a Giants player in one game since RBIs became an official statistic in 1920. The only players with more were Phil Weintraub with 11 in April 1944 and Irish Meusel with nine in September 1925.
WEBB EXTENDS HOME STREAK
Webb had six strikeouts in five uneven innings. The right-hander, whose only defeat this season came against the Mets in April, has not lost at home since Aug. 27, 2020 — a stretch of 18 consecutive starts, tying the longest streak in modern-era franchise history.
TRAINER’S ROOM
Giants 3B Evan Longoria was held out because of a jammed left shoulder.
UP NEXT
Giants RHP Jakob Junis (1-1, 2.70 ERA) has not won since beating the Nationals in his season debut April 22. The Mets plan to call up LHP Thomas Szapucki from Triple-A Syracuse to make his first major league start in the series finale Wednesday.
___
More AP MLB: https://apnews.com/tag/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/pederson-hits-3-hrs-drives-in-8-giants-outslug-mets-13-12/ | 2022-05-26T02:03:09Z |
Atlas V precisely delivered the last of six SBIRS missions to orbit completing the constellation in support of the warfighter
CAPE CANAVERAL SPACE FORCE STATION, Fla., Aug. 4, 2022 /PRNewswire/ -- A United Launch Alliance (ULA) Atlas V rocket carrying the Space Based Infrared System Geosynchronous Earth Orbit-6 (SBIRS GEO 6) mission for the U.S. Space Force's Space Systems Command lifted off on Aug. 4 at 6:29 a.m. EDT from Space Launch Complex-41 at Cape Canaveral Space Force Station. To date ULA has launched 152 times with 100 percent mission success.
"Thank you to our U.S. Space Force and industry partners for their outstanding teamwork in successfully delivering the sixth and final SBIRS satellite to orbit," said Gary Wentz, ULA vice president of Government and Commercial Programs. "We are proud of our role in supporting the warfighter by launching the entire SBIRS satellite constellation, a critical constellation of missile warning satellites that expands the U.S. military's situational awareness on the battlefield and beyond."
"This launch marked ULA's 95th U.S. National Space Security launch," added Wentz. "As the Air Force is gearing up to celebrate its 75th anniversary, we are honored to have been entrusted to deliver the vast majority of our nation's critical assets to orbit. Our customer's missions are vital to ensuring the safety of our women and men in harm's way serving our country."
Leveraging a legacy of 100 percent mission success launching more than 150 missions to explore, protect and enhance our world, ULA is the nation's most experienced and reliable launch service provider with world-leading reliability, schedule confidence, and mission optimization. We deliver value unmatched by any launch services company in the industry, a tireless drive to improve, and commitment to the extraordinary.
For more information on ULA, visit the ULA website at www.ulalaunch.com, or call the ULA Launch Hotline at 1-877-ULA-4321 (852-4321).
Photos available on the ULA Flickr page.
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SOURCE United Launch Alliance (ULA) | https://www.kxii.com/prnewswire/2022/08/04/united-launch-alliance-successfully-launches-missile-warning-satellite-us-space-force/ | 2022-08-04T17:15:38Z |
SHANGHAI, April 8, 2022 /PRNewswire/ -- Shop Now, the new business jointly launched by JD.com and Dada Group (Nasdaq: DADA), and JD Super, JD.com's online supermarket business, released the "On-Demand Consumption Trend Report 2022" together recently. Based on Shop Now consumption data, the report reveals nine key consumption trends. For instance, the report finds out that consumers from five cites (Beijing, Shanghai, Shenzhen, Guangzhou, Chengdu) dominate the purchase power in the on-demand retail, number of millennial female users has grown more than 6 times YOY, and they present a strong preference for high quality milk.
Essential partner
Shop Now is dedicated for JD's on-demand consumer retail section. Connecting JD's nearly 570 million active customers to a wide range of products deliverable within one hour, Shop Now has become an essential partner of JD Super in omni-channel strategy. Based on Shop Now consumption data, the report shows that supermarket groceries are taking the lead in on-demand consumption scenarios.
As of the end of March, JD Super and Shop Now have put more than 34,000 offline stores online, providing on-demand retail and delivery services for consumers in about 400 cities across the country.
In terms of demographics, users under 35 account for 55 percent of the whole base. It's worth noting that users above 46 are gradually accepting Shop Now service, they now account for 24 percent of the whole user base, and daily necessities such as soybean oil is their preferred category of purchase.
Mothers born after 1995
The high growth rate of mother users born after 1995 attracts attention, the number has increased sixfold YOY in 2021. According to Nielsen's data, nearly 70 percent of stores specialized in maternal and infant products are still offline, yet to be penetrated by e-commerce. Through Shop Now, the new generation of mother users can place their orders online, and enjoy trustworthy products and timely delivery services.
As of the end of March, more than 45,000 physical stores on JDDJ sell mom and baby products, accounting for 1/3 of all the stores on the platform and covering over 1,700 cities and counties across the country. Over 4,000 brand chain mom and baby stores have gone online with JDDJ and with the "Shop Now" label, a signature of reliable quality, convenience and trustworthiness.
About Dada Group
Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company's two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."
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SOURCE DADA GROUP | https://www.wibw.com/prnewswire/2022/04/08/on-demand-consumption-trend-report-2022-reveals-key-consumer-preferences/ | 2022-04-08T11:48:32Z |
CHICAGO and MANILA, Philippines and SINGAPORE and KUALA LUMPUR, Malaysia , Aug. 17, 2022 /PRNewswire/ -- ENTECH GLOBAL SOLUTIONS ("EGS"), a Southeast Asia focused environmental services provider, has announced the acquisition of Pestbusters Pte Ltd. in Singapore and Original Pestbusters Sdn Bhd. in Malaysia ("PestBusters"). EGS also owns and operates ENTECH Philippines, Inc. a leading provider of integrated pest management, professional cleaning and environmental solutions across commercial, residential and industrial properties in the Philippines. Terms of the transaction have not been disclosed.
PestBusters traces its roots back to 1991 as one of Singapore's pioneers of quality pest control. The company has since grown into a leading provider of commercial and residential pest control, termite control, and mosquito control solutions throughout Singapore and Malaysia. PestBusters offers a differentiated level of service quality to its clients by focusing on sustainable integrated pest management solutions to effectively solve long-term challenges. It is the exclusive distributor of innovative anti-termite technologies which include Termsteel and Sentricon solutions in Singapore.
Walden Chu, CEO of EGS, says: "This transaction represents another step forward toward our goal of building the most ethical and high-quality service provider in the region. We have an aspirational goal of expanding throughout Southeast Asia while delivering a high standard that our stakeholders can rely on. We are committed to building an organization whose products and services are firmly entrenched as valuable in the hearts and minds of our customers, and we strive to deliver significant impact in our customer's lives. Ensuring the health and safety of our customers will always be front and center and we are humbled to be able to make life better for those that we touch."
PestBusters represents the first acquisition completed by EGS since Concentric Equity Partners ("CEP") recapitalized the platform in early 2021. The acquisition exhibits a key first step in EGS's strategy under CEP to evolve into a multi-national integrated pest control and facility services platform with market leading operational and financial capacities. Furthermore, this significant acquisition demonstrates CEP's interest in and commitment to investing in Southeast Asia and building a strong presence in EGS's markets by partnering with talented entrepreneurs to build high growth companies.
Thomas Fernandez, Founder and Chairman Emeritus of PestBusters, comments: "I've invested the last 31 years building PestBusters and was approached by multiple interested buyers along the way. It was very important for me to ensure that the next generation of leadership would uphold my commitment to my customers and employees. Walden Chu and his partners at EGS exemplify the character and values that will carry forward my legacy and provide expanded opportunities for the teams I have built."
Ian Ross, Partner at CEP, adds: "We are very excited to be backing Walden Chu as he expands EGS's global operations to include Singapore, Malaysia, and the Philippines under the ENTECH GLOBAL SOLUTIONS umbrella. Ensuring the health, safety and hygiene of our customers is critical to our business success and we are proud to be supporting an organization that helps improve the human condition."
Headquartered in Singapore, PestBusters was founded in 1991 and has become one of the most trusted names in the industry through its commitment to developing people and investing in technology. The company serves clients across Singapore and Malaysia in a wide array of industries including hospitality, malls, food & beverage, manufacturing, healthcare, residential and commercial buildings. Through expertise gained from years of field experience, the company has grown into one of the largest independent pest control management companies in Singapore and Malaysia. For more information, visit www.pestbusters.com.sg.
Singapore based ENTECH GLOBAL SOLUTIONS (EGS) owns, operates and invests in commercial and residential pest control industry leaders in Southeast Asia. EGS is now the parent company of two flagship brands: Pestbusters out of Singapore and Malaysia, and ENTECH out of the Philippines (www.entech.com.ph). EGS offers pest control and environmental services related businesses throughout the region a unique opportunity to partner, leveraging the strategic support of EGS and its best-in-class industry standards, systems, and technology. EGS believes in upholding the highest standards in delivering intelligent impact, sustainable scale, and improving lives. For more information, visit entechglobal.com.
Concentric Equity Partners ("CEP") is a private investment firm based in Chicago, IL. The firm is focused on North America and has a dedicated strategy to invest in Southeast Asia. CEP partners with leading middle market companies by providing capital and strategic advisory to accelerate long term value creation. Our approach is simple: support entrepreneurs and operators by providing the resources required to achieve extraordinary results. CEP is the direct investing arm of Financial Investments Corporation ("FIC"), a private asset management firm and family office for the Steans family with over $2 billion in investment commitments under management. Learn more at www.ficcep.com.
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SOURCE Concentric Equity Partners | https://www.mysuncoast.com/prnewswire/2022/08/17/entech-global-solutions-announces-acquisition-pestbusters/ | 2022-08-17T16:49:44Z |
- Valour, Comdirect and Onvista have agreed to introduce Valour as a provider of crypto products for retail clients in Germany
- Comdirect and Onvista customers will have access to Valour's entire range of crypto ETPs including Valour Bitcoin Zero and Valour Ethereum Zero, which both have a zero management fees
TORONTO, Aug. 18, 2022 /PRNewswire/ - Valour Inc. (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and decentralized finance, announced an agreement with German banks, Comdirect and Onvista, that will enable banking clients to integrate Valour ETPs into their investment portfolios. Comdirect and Onvista customers will have access to Valour's entire range of crypto ETPs.
"By integrating Valour's low to zero-fee ETPs, Comdirect and Onvista will be able to provide their customers access to safe and regulated exposure to the crypto ecosystem," said Marco Infuso, Chief Sales Officer of Valour. "Especially during 'crypto winter' times, costs are a foremost priority for investors. Offering zero-cost investment options in Bitcoin and Ethereum is a substantial advantage for our investors and is another milestone in the democratisation of this young and growing asset class."
Following Tuesday's announcement of Valour's partnership with justTRADE, this latest agreement with Comdirect and Onvista further validates the Company's status as a go-to crypto partner for brokers and banks wishing to offer regulated crypto exposure to their clientele.
"Valour's recent partnership with justTRADE and this new agreement with Comdirect and Onvista represents the first of what we believe will be many relationships with major broker platforms and banks," said Russell Starr, CEO of Valour. "Our recent hires have already added tremendous value to our team and will continue to execute at a high level, despite market conditions."
Valour offers fully hedged digital asset Exchange Traded Products (ETPs) with product listings across European exchanges, banks and broker platforms. Valour's existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ) ETPs, as well as Valour's flagship Bitcoin Zero and Valour Ethereum Zero products, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free.
Valour Inc. (NEO: DEFI) (GR: RMJ.F) (OTCQB: DEFTF) is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance. Founded in 2019, Valour is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets with a mission to expand investor access to industry-leading Web3 and decentralized technologies allowing investors to access the future of finance via regulated equity exchanges. www.valour.com
Comdirect provides online brokerage, banking, and advisory services in Germany. It executes buy and sell orders for stocks listed on the German stock exchanges, including options and futures contracts, as well as provides access to 46 stock exchanges outside Germany. Further, it provides execution only services to its clients for asset allocation, risk hedging and portfolio optimization. Comdirect is a brand of Commerzbank AG. www.comdirect.de
Onvista bank is an online broker that falls under the umbrella of onvista AG and Onvista Group, which in turn is a subsidiary of Comdirect Bank AG. They provide access to trading in various securities across 14 stock exchanges as well as OTC trading from more than 21 issuers. They allow trading in shares, futures, options, funds, bonds, CFDs, ETFs, and more. https://www.onvista-bank.de/
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the offering of Valour ETPs to clients of Onvista and Comdirect; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by Valour and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; investor demand for Valour ETPs; growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
All information contained in this press release with respect to Valour, Comdirect and Onvista was supplied by the parties respectively for inclusion herein, and each party and its directors and officers have relied entirely on the other party for any information concerning the other party. Valour has not conducted due diligence on the information provided by Comdirect and Onvista and does not assume any responsibility for the accuracy or completeness of such information.
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SOURCE Valour, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/18/valour-crypto-products-etps-available-clients-major-german-banks-comdirect-onvista/ | 2022-08-18T07:53:54Z |
NEW YORK, June 3, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KSS, LIN, W, BA, and AMD.
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- BA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=BA&prnumber=060320224
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/06/03/thinking-about-trading-options-or-stock-kohls-linde-wayfair-boeing-or-advanced-micro-devices/ | 2022-06-03T14:50:26Z |
US prisoner swap offer involving Brittney Griner will be discussed, Russia’s Lavrov says
MOSCOW (AP) — Russian Foreign Minister Sergey Lavrov said Friday that he’s open to a call with U.S. Secretary of State Antony Blinken to discuss a possible prisoner swap involving American basketball star Brittney Griner.
Blinken said Wednesday that Washington had offered Russia a deal that would bring home Griner and another jailed American, Paul Whelan. A person familiar with the matter said the U.S. government proposed trading convicted Russian arms dealer Viktor Bout for Whelan and Griner.
Speaking on a visit to Uzbekistan, Lavrov said his ministry had received an official U.S. request for a call after Blinken made the statement. Russia’s top diplomat said he would be ready once he returns to Moscow and that the timing of the call was being worked out.
Lavrov said he was open to discussing the prisoner exchange, even though the Foreign Ministry hasn’t been involved in previous discussions on the issue.
“I will listen to what he has to say,” Lavrov added.
Asked Thursday about the U.S. offer, Kremlin spokesman Dmitry Peskov replied that prisoner swaps were typically negotiated discreetly behind the scenes.
“We know that such issues are discussed without any such release of information,” Peskov told reporters during a conference call. “Normally, the public learns about it when the agreements are already implemented.”
Blinken’s comments marked the first time the U.S. government publicly revealed any concrete action it has taken to secure Griner’s release. The two-time Olympic gold medalist and player for the WNBA’s Phoenix Mercury was arrested at a Moscow airport in mid-February when inspectors found vape cartridges containing cannabis oil in her luggage.
Griner’s arrest came at a time of heightened tensions between Moscow and Washington ahead of Russia sending troops into Ukraine on Feb. 24. Griner’s five months of detention have raised strong criticism among teammates and supporters in the United States.
Her trial on drug charges started in a court outside Moscow this month, and she testified Wednesday that she didn’t know how the cartridges ended up in her bag but that she had a doctor’s recommendation to use cannabis to treat career-related pain.
The 31-year-old has pleaded guilty but said she had no criminal intent in bringing the cartridges to Russia and packed in haste for her return to play in a Russian basketball league during the WNBA’s offseason. She faces up to 10 years in prison if convicted of transporting drugs.
The Biden administration has faced political pressure to free Griner and other Americans whom the U.S. has declared to be “wrongfully detained” — a designation sharply rejected by Russian officials.
Whelan, a corporate security executive from Michigan, was sentenced to 16 years in prison on espionage charges in 2020. He and his family have vigorously asserted his innocence. The U.S. government has denounced the charges as false.
Russia has for years expressed interest in the release of Bout, a Russian arms dealer once labeled the “Merchant of Death.” He was sentenced to 25 years in prison in 2012 on charges that he schemed to illegally sell millions of dollars in weapons.
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Matthew Lee and Eric Tucker in Washington contributed to this report.
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Follow AP’s coverage of Griner’s case at https://apnews.com/hub/brittney-griner
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/29/us-prisoner-swap-offer-involving-brittney-griner-will-be-discussed-russias-lavrov-says/ | 2022-07-29T11:22:44Z |
New Urgent Care Serves Downtown Los Angeles Area
LOS ANGELES, July 28, 2022 /PRNewswire/ -- PIH Health opened a new Urgent Care Center in Los Angeles located at 2200 West 3rd Street, suite 120 to service those who live, work and play in the Westlake District, Downtown Los Angeles and surrounding areas. Community members who have an urgent medical need and cannot get in to see their regular doctor will now have access to high-quality medical services closer to their home and places of work. PIH Health Urgent Care Center Westlake is located one mile from PIH Health Good Samaritan Hospital.
The urgent care center offers care for minor illnesses, such as earaches, persistent coughs and minor wounds that may need stitches. Sports physicals are also offered at this facility.
"The opening of Urgent Care Center Westlake will allow us to expand our services to patients in the Los Angeles community and surrounding areas," says Jaime Diaz MD, chief medical officer, PIH Health Good Samaritan Hospital and medical director, PIH Health Urgent Care System. "This new facility will give local community members access to our highly trained network of compassionate care providers so that they can receive medical treatment when they need it."
Below are some of the conditions that are treated at PIH Health's new Urgent Care Center Westlake location:
- Animal bites
- Asthma
- Broken bones
- Burns
- Cold & flu symptoms
- Cuts & bruises
- Headaches
- Infections
- Sprains and strains
- Stomach or abdominal pain
- Urinary tract infections
The new Los Angeles facility joins other PIH Health Urgent Care Centers in Downey, Hacienda Heights, La Habra, Montebello, Santa Fe Springs, and Whittier. Urgent Care Center Westlake is open every day from 10 a.m. to 8 p.m., including holidays. No appointment is necessary, just walk in. To view a list of all PIH Health Urgent Care Center locations or to check wait times, visit PIHHealth.org/UCC.
PIH Health is a nonprofit, regional healthcare network that serves approximately 3.7 million residents in the Los Angeles County, Orange County and San Gabriel Valley region. The fully integrated network is comprised of PIH Health Downey Hospital, PIH Health Good Samaritan Hospital, PIH Health Whittier Hospital, 35 outpatient medical office buildings, a multispecialty medical (physician) group, home healthcare services and hospice care, as well as heart, cancer, digestive health, orthopedics, women's health, urgent care and emergency services. The organization is nationally recognized for excellence in patient care and patient experience, and the College of Healthcare Information Management Executives (CHIME) has identified PIH Health as one of the nation's top hospital systems for best practices, cutting-edge advancements, quality of care and healthcare technology. PIH Health is also certified as a Great Place to Work®. For more information, visit PIHHealth.org or follow us on Facebook, Twitter, or Instagram.
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SOURCE PIH Health | https://www.wibw.com/prnewswire/2022/07/28/pih-health-opens-urgent-care-center-westlake/ | 2022-07-28T20:41:15Z |
Mortgage-Related Fraud Increases Over Past Three Years as Online and Mobile-Only Mortgage Transactions Increase
ATLANTA, May 17, 2022 /PRNewswire/ -- LexisNexis® Risk Solutions today released the inaugural edition of the True Cost of Fraud™ Study for Real Estate. The newest addition to the True Cost of Fraud™ suite of reports, the study surveyed 360 risk and fraud executives in the industry to analyze current fraud trends in the United States mortgage originator, mortgage services and title/settlement markets. The report also explores key industry pain points related to fraud detection, prevention and the customer experience. In addition to analyzing the cost of fraud with the level of successful attacks, the study explores the time and resources that mortgage originators and services applied to prevent attacks.
A large majority of firms report that overall fraud has increased during the past 1-3 years with consumer fraud accounting for about two-thirds of lender and servicer fraud losses over the last 12 months. A significant majority of firms indicated that the pandemic increased application fraud across channels, not just for online and mobile. As the front end of the mortgage process, application fraud is a key entry point for fraudsters.
Key findings from True Cost of Fraud Study for Real Estate:
- Attacks and Costs: The cost and volume of mortgage-related fraud is high for originators, servicers and title/settlement firms, with labor for fraud detection, investigation, reporting and recovery being a significant part of these costs. Depository originators have the highest cost, where every $1 of fraud costs them $5.34. Non-depository originators (mortgage lending companies) realize an average cost of $4.66 for every $1 of fraud, a significantly smaller figure.
- Digital Transactional Impacts on Fraud: Fraud costs are largely coming from consumers seeking to purchase a new home through online and mobile transactions. Direct-to-consumer (retail) and correspondent lending are the leading transaction types, with direct-to-customers representing a larger share of fraud costs and average monthly attacks. However, depository originators and title/settlement companies also experience a sizeable portion of fraud losses from construction-related loans.
- Top Fraud Challenges: Identity verification is a top challenge for mortgage originators, servicers and title/settlement companies. The challenge involves assessing digital identity attributes such as email/phone number and identifying synthetic identities. This contributes to other issues related to customer friction, the inability to detect malicious bots and difficulties distinguishing between legitimate and fake consumers. The pandemic and growing mobile channel have added fuel to these issues and increase risk of fraud with call center/phone-based interactions.
- Best Practices: Findings show that firms using a multi-layered solutions approach integrated with cybersecurity and digital customer experience operations can lower fraud and subsequent costs while improving identity verification and fraud detection effectiveness. Integrating fraud prevention with cybersecurity operations throughout the digital customer experience and layering in supportive capabilities such as artificial intelligence and machine learning further strengthens fraud prevention.
"Although the future is uncertain, it's safe to assume that the accelerated movement to online/mobile transactions will continue to grow and that mortgage originators, servicers and title/settlement companies should build out and enhance the digital customer experience while protecting against fraud," said Dawn Hill, director of real estate fraud and identity strategy at LexisNexis Risk Solutions. "A successful fraud detection and prevention approach involves an integration of technology, cybersecurity and digital experience operations in a way that addresses the unique risks from different transaction channels and payment methods, as well as by individuals and types of transactions."
Download a copy of the True Cost of Fraud Study for Real Estate.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.
LexisNexis and the Knowledge Burst logo are registered trademarks of RELX Inc. Copyright © 2022 LexisNexis Risk Solutions Group.
Media Contact:
Marcy Theobald
678.232.0948
marcy.theobald@lexisnexisrisk.com
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SOURCE LexisNexis Risk Solutions | https://www.kxii.com/prnewswire/2022/05/17/lexisnexis-risk-solutions-true-cost-fraud-study-real-estate-report-reveals-every-1-fraud-costs-depository-originators-534/ | 2022-05-17T13:22:18Z |
TSX.V:OIII | OTCQX:OIIIF – O3 Mining
TORONTO, June 23, 2022 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce the results of its annual and special meeting of shareholders (the "Meeting") held earlier today. A total of 45,072,231 common shares of the Corporation were represented at the Meeting, representing approximately 65.8% of the total number of common shares of the Corporation issued and outstanding.
All matters presented for approval at the Meeting were duly authorized and overwhelmingly approved, as follows:
(i) election of all management nominees to the board of directors of the Corporation (details in table below);
(ii) appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and authorization of the directors to fix their remuneration;
(iii) approval of the Corporation's amended 10% rolling Stock Option Plan;
(iv) approval of the Corporation's Employee Share Purchase Plan;
(v) approval of the Corporation's amended RSU Plan; and
(vi) approval of the Corporation's amended DSU Plan.
O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success, and expertise of the Osisko team as it grows towards being a gold producer with several multi-million-ounce deposits in Québec.
O3 Mining is well-capitalized and owns a 100% interest in all its properties (66,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Corporation is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. The information in this news release about O3 Mining; the projects being focused on by O3 Mining; the timing and ability (if at all) of O3 Mining to become a producer; he previous successes of the Osisko team, including mine production, having any correlation to the future success of O3 Mining; the capitalization of O3 Mining; the ability of O3 Mining to deliver returns to its shareholders; and any other information herein that is not a historical fact may be "forward-looking information". Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "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 and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Corporation, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither party nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Neither party undertakes, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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SOURCE O3 Mining Inc. | https://www.kxii.com/prnewswire/2022/06/23/o3-mining-announces-results-annual-special-shareholders-meeting/ | 2022-06-23T22:15:51Z |
A’s edge O’s before smallest home crowd in nearly 42 years
By MICHAEL WAGAMAN
Associated Press
OAKLAND, Calif (AP) — Seth Brown hit a two-run double in the sixth inning, Cristian Pache made another spectacular defensive play and the Oakland Athletics beat the Baltimore Orioles 2-1. A day after their lowest attendance for a home opener without COVID-19 restrictions in more than 30 years, the A’s drew a crowd of 3,748 — the smallest at the Coliseum since Sept. 25, 1980. Elvis Andrus and Christian Bethancourt both had two hits and scored to help Oakland to its seventh win in 10 games after an 0-2 start. Anthony Santander and Trey Mancini each had two hits for the Orioles. | https://localnews8.com/sports/ap-national-sports/2022/04/19/as-edge-os-before-smallest-home-crowd-in-nearly42-years/ | 2022-04-20T06:52:41Z |
Calamu customers and partners benefit from flexible and streamlined purchasing options.
CLINTON, N.J., Aug. 23, 2022 /PRNewswire/ -- Calamu™, the world's first company to introduce virtual data harbors as a method for eliminating the risk of a double-extortion ransomware attack, today announced the availability of their namesake product Calamu Protect in AWS Marketplace, a curated digital catalog from Amazon Web Services (AWS) that customers can use to find, buy, deploy, and manage third-party software, data, and services to build and run their businesses.
Calamu customers and partners can take advantage of streamlined purchasing and quoting options offered through AWS Marketplace. With no additional contracts or terms to agree to, Calamu customers have the flexibility to choose popular licensing terms for fast and easy onboarding, or may request custom pricing options from Calamu directly.
"We are delighted to offer Calamu's data-first security software to AWS customers, making it easy for businesses to further secure their valuable data against theft and multi-layered ransomware attacks," said Nick Ryan, Vice President of Marketing at Calamu. "Availability in AWS Marketplace ensures flexible deployment options and makes it easy for customers to get Calamu Protect up and running fast."
Complementing existing information technology (IT) security frameworks, Calamu Protect bridges the gap between perimeter defenses and recovery solutions by addressing the growing threat of data theft and data exfiltration. Its patented technology automatically encrypts and fragments data into pieces, then scatters them across geographically dispersed storage locations, helping to neutralize any breach, exfiltration attempt, or ransomware attack by ensuring a complete file does not exist in any single location.
Integration With Cloud Daddy Secure Backup
Earlier this year, the company announced integration with Cloud Daddy Secure Backup to offer AWS Marketplace customers a feature-rich solution to protect backup data in the cloud. Further securing AWS with Calamu for Cloud Daddy Secure Backup helps ensure that data is protected against ransomware variants that specifically target backup data as a way to remove an organization's safety net.
"Thanks to our partnership with Calamu, Cloud Daddy Secure Backup now goes beyond immutability and directly protects against data theft and double-extortion ransomware attacks," says Lilly Golberg, Board Member for Cloud Daddy Secure Backup. "Calamu's availability in AWS Marketplace makes it easy for Cloud Daddy Secure Backup customers to take advantage of this integration, and rest easy knowing their backup data cannot be copied offsite and used against them."
Explore Calamu Protect in AWS Marketplace .
Calamu was founded by experts in cybersecurity and data privacy with the mission of making the cyber world a safer place. The company is pioneering the use of data-first technology to automatically mitigate the impact of a ransomware attack or data breach, whether data is stored in the cloud or on-premises. The Calamu platform enables businesses to maintain complete ownership of their data, preventing unauthorized access and dramatically simplifying regulatory requirements around data privacy and protection. For more information on Calamu visit www.calamu.com .
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SOURCE Calamu Technologies Corporation | https://www.mysuncoast.com/prnewswire/2022/08/23/calamu-protect-now-available-aws-marketplace/ | 2022-08-23T16:08:15Z |
DENVER, July 20, 2022 /PRNewswire/ -- Pivot Energy, a national renewable energy provider, is pleased to announce the start of construction of ten new community solar projects in Illinois that will provide low cost electricity to households and businesses across the state. The portfolio of projects represents 17.1 megawatts of capacity through the Illinois Adjustable Block Program across Ameren and Commonwealth Edison utility service territories.
Unlike traditional on-site solar energy, community solar allows local households and residents to subscribe to the portion of electricity generated by a local project. Also known as "shared solar" or "community solar gardens", these projects expand the benefits of solar, including lower energy costs, to those who do not own their home or do not have adequate space for their own solar energy system.
"We are fiercely dedicated to providing equitable access to community solar," said Garrett Peterson, Senior Vice President of Project Development of Pivot Energy. "By offering solar energy to those who need it most, we are empowering individuals and expanding the benefits to entire communities in the form of cleaner air, lower electricity bills, and jobs."
With the passing of the Future Energy Jobs Act (FEJA) in 2016 and the subsequent Climate and Equitable Jobs Act (CEJA) in 2021, Illinois has gradually become a nationwide leader in the deployment of renewable energy. The legislation puts the state on a path to 100% clean energy by 2045.
"We applaud Governor Pritzker's efforts to transition Illinois to clean energy," said Peterson. "Our company is proud to employ Illinoisans and invest in the local economy in our effort to deploy renewable energy for those who previously did not have access."
Pivot Energy previously developed a 34-megawatt portfolio of community solar projects across Illinois in early 2021. With the new portfolio, the company's community solar capacity now stands at 51 megawatts, making Pivot Energy one of the leading providers of community solar in the state.
The portfolio is expected to produce 80 million kilowatt-hours of electricity per year, offsetting the equivalent of more than 60,000 tons of carbon emissions according to the EPA Greenhouse Gas Equivalency Calculator.
Pivot partners with community organizations in allocating subscriptions to those most in need and manages them through the SunCentral platform, their proprietary cloud-based software. If your organization could benefit from partnering with Pivot, please reach out to info@suncentral.net.
Pivot Energy is a national renewable energy provider that develops, finances, builds, owns, and manages solar and energy storage projects. Pivot offers a distributed energy platform that includes a range of services and software that serves the full solar ecosystem. Pivot is a Certified B-Corporation that proudly follows a corporate strategy that provides a positive impact on society as measured by Environmental stewardship, Social leadership, and responsible Governance (ESG) factors. Learn more at pivotenergy.net.
Contact:
David Ganske
(424) 209-2394
david@dgplusdesign.com
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SOURCE Pivot Energy | https://www.kxii.com/prnewswire/2022/07/20/pivot-energy-starts-construction-17-megawatt-community-solar-portfolio-illinois/ | 2022-07-20T15:37:28Z |
Tracy Shaw took the lead of the Board of Trustees after a decade of volunteering at the organization
BALTIMORE, April 25, 2022 /PRNewswire/ -- Tracy Shaw began her term as Chair of the Board of Trustees of the Immune Deficiency Foundation (IDF) earlier this year, after serving on the IDF Board of Trustees since 2018. An active advocacy and fundraising volunteer for the organization since 2012, she has also worked closely with MadeVisible and the National Organization of Rare Disorders (NORD).
Shaw is the solo mom to her daughter, a recent college graduate who lives with a primary immunodeficiency (PI). Maddie's Herd, a grassroots youth advocacy group, founded by her daughter during eighth grade, is dedicated to amplifying the voice of the rare disease community. Additionally, Shaw has spent time as a youth soccer coach and Girl Scout cookie mom while holding a patent for 401kSecure, and (very) briefly, a world record.
Shaw is a business growth strategist for industries spanning financial services to healthcare and is dedicated to enriching the customer experience, streamlining process improvements, and developing innovations that enhance ROI. Currently, she leads the client engagement strategy for Equitable. Shaw also serves as a Director on the Board of SCORE and is a member of CHIEF. She earned an MBA from Western Connecticut State University and is currently a Doctoral candidate at Adler University.
ABOUT THE IMMUNE DEFICIENCY FOUNDATION:
Founded in 1980, the Immune Deficiency Foundation (IDF) improves the diagnosis, treatment, and quality of life of people affected by primary immunodeficiency through fostering a community empowered by advocacy, education, and research.
There are approximately 500,000 people who are diagnosed with a primary immunodeficiency (PI) in the U.S. These individuals often find it difficult to receive specialized healthcare, proper diagnosis, and treatment. Individuals affected by PI also experience difficulties financing their healthcare, finding educational materials on the disease, and locating others to share their experiences. IDF helps individuals overcome these difficulties to live healthy and productive lives. The constant presence of IDF assures patients, their families, and their medical caretakers that there is a place to turn for help.
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SOURCE Immune Deficiency Foundation | https://www.wibw.com/prnewswire/2022/04/25/new-board-chair-announced-by-immune-deficiency-foundation/ | 2022-04-25T15:10:36Z |
Law Firms Increased Representation at the Top Levels of Leadership
NEW YORK, June 23, 2022 /PRNewswire/ -- Seramount, now part of EAB, revealed the Best Law Firms for Women today, recognizing firms that utilize best practices in recruiting, retaining, promoting, and developing women lawyers. Erickson Immigration Group, a leading global business immigration firm, was among the 50 firms that earned spots on this year's list.
"Our Best Law Firms for Women continue to improve in many critical areas," said Subha V. Barry, president of Seramount. "Representation of women managing partners has increased significantly and we've seen progress for multicultural women lawyers at every level. Our firms recognize the importance of recruiting and retaining this important talent pool and have developed the family-friendly benefits to prove it. All of these combined are important steps toward parity."
Erickson Immigration Group is 50% minority female-owned; 82% of legal management (Senior Managing Attorneys, Managing Attorneys, Senior Attorneys) are women, and 56% of legal management are women of color. In total, 73% of EIG attorneys are women; 70% of the female attorneys are persons of color. Across all genders, 58% of EIG attorneys are persons of color, and over 50% are first-generation Americans.
"A priority of EIG's leadership — from partners and across all teams — is to identify and eliminate bias and foster representation so that the successes within EIG are not "one-in-a-million" but rather make the professional journey easier for many more who follow," said Hiba Mona Anver, EIG Partner and Shareholder.
EIG's investments in best-in-class benefits, including those focused on mental and emotional health and overall wellbeing, outside guest speakers and experts, remote and hybrid work options, and the EIG Women in the Law program have built a collegial support network that encourages professional and personal goal achievement.
Highlights of the 2022 Best Law Firms for Women:
- The percentage of women managing partners (or equivalent prominent leader and spokesperson for the firm, other than the chairperson or equivalent) increased to 43 percent, up from 34 percent in 2021.
- Critical assignments went to women, further leveling the playing field: 38 percent of members of the firms' management committees were women (vs. 35 percent last year); 38 percent of those deciding promotions to equity partner were women (vs. 34 percent last year); and 36 percent of those determining compensation were women (vs. 34 percent last year).
- There are more multicultural (MCW) women at every level: 29 percent of all women lawyers were MCW (vs. 27 percent last year); 36 percent of women associates were MCW (vs. 34 percent last year); 18 percent of women equity partners were MCW (vs. 16 percent last year); and 22 percent of women equity partners promoted were MCW (vs. 18 percent last year).
- As hiring and retention became more competitive, law firms stepped up their family-friendly benefits: The average fully paid gender-neutral parental leave for associates increased to 16 weeks (vs. 13 weeks last year); 67 percent of firms now cover in-vitro fertilization (vs. 52 percent last year); and 80 percent of firms are now hybrid workplaces.
About the Methodology
Seramount's 2022 Best Law Firms for Women application includes more than 300 questions about attorney demographics at different levels, flexibility, paid time off and parental leaves, and development and retention of women. Questions also include ability to work from home some of the time, family-friendly benefits, and mentoring and sponsorship participation.
About Erickson Immigration Group
Erickson Immigration Group ("EIG"), founded in 1987, is a leading business immigration law firm. EIG provides comprehensive business immigration, global migration, and compliance solutions that enable companies to hire the best and brightest talent from around the world. The firm represents clients ranging from Fortune 500s to cutting-edge start-ups and provides them with EIG's signature Perfect Plus service — dedicated legal teams offering remarkable service and clear communication, innovative technology systems, and the highest level of information and data security. EIG, with multiple offices in the United States, EMEA, and APAC, partners with clients' mobility, HR, legal, and other teams (and their vendors) to "get to yes." Learn more at www.eiglaw.com.
About Seramount
Seramount, now part of EAB, is a strategic professional services and research firm dedicated to advancing diversity, equity, and inclusion in the workplace. Over four decades, partnering with over 450 of the most iconic companies in the world, we've built a deep data-driven understanding of the employee experience, which lays the groundwork for everything we do. We meet each partner's needs no matter where they are on their journey and guide them along an ever-changing talent landscape. Learn more at www.seramount.com.
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SOURCE Erickson Immigration Group | https://www.wibw.com/prnewswire/2022/06/23/seramount-recognizes-erickson-immigration-group-one-best-law-firms-women/ | 2022-06-23T14:57:17Z |
Studies in leadership and management plus finance provided Krystal Williams with knowledge, skills and insights to empower her in the work world
NEWARK, N.J., May 13, 2022 /PRNewswire/ -- Krystal Williams arrived at Rutgers Business School-Newark as a B-STAR student the summer before freshman year, ready to make the most of her college experience. Since then, the Honors College senior has amassed 141 credits, completed a major in finance and a second major in leadership and management, parlayed an internship into a job offer, and led initiatives for several campus organizations.
As she completed her senior thesis on urban redevelopment, Williams also worked 30-plus hours a week with Leverage Companies, a real estate investment firm in Newark that offered to hire her full time once she graduates.
"I chose Rutgers Business School because of its reputation — it's quite prestigious, and I believe it has helped me prepare well for a career in real estate," Williams said.
She is part of the first Rutgers Business School (RBS) class to complete the real estate track offered as part of the undergraduate finance major. In addition to the knowledge she acquired, "classes gave me deep insight into how to conduct myself and survive in the corporate world," she said.
Joining the Business Student Transition at Rutgers program (B-STAR) in 2018 gave Williams a jump start, she said. "I didn't know what to expect from college courses," she said. Williams earned six credits that summer, got familiar with the campus, and most importantly, became part of a close-knit community of students, faculty, and RBS administrators.
The award-winning B-STAR program, created and managed by the Office of Inclusion, Diversity, Equity and Access (IDEA), has been helping students transition from high school to college since 2014.
"B-STAR was the most life-changing experience of my life," Williams said. She enjoyed the support from faculty and B-STAR alumni. "They were really behind us," she said. Williams became involved with the B-STAR alumni panel to share her enthusiasm with incoming students. As a student leader, she also promoted the program through several campus workshops.
Williams gained valuable insights as a member of Women BUILD (Business Undergraduates in Leadership Development), which provides female students with a professional network of role models and mentors. Williams culminated her two years in the program by completing a project on how companies handled sustainability during the pandemic.
As part of Women Build, Williams also volunteered for Junior Achievement Financial Literacy, working with elementary school children prior to the pandemic. "It was fulfilling to see young children excited about learning about financials, especially since that was something I did not receive at their age," she said.
Williams joined another organization, Rutgers Undergraduate Women in Business, because it provided camaraderie and support for women pursuing careers in male-dominated fields.
As a leader of the Rutgers Real Estate Society, Williams worked with the Rutgers Center for Real Estate, developing opportunities for more undergraduates to get involved. The society arranges networking events for students to interview with alumni for internships and jobs. She was chosen for the leadership role by Professor Morris Davis, academic director at the Center for Real Estate.
Her interest in real estate started in high school. The summer before her senior year, she interned with Garibaldi Group, LLC as it negotiated leases on Bell Works, a retail and office complex on the grounds of the former Bell Labs. Working with a broker, Williams did under-writing to ensure that tenants could afford the rent. Last semester, a Bell Works developer she met during that internship was a guest speaker in one of her classes.
She did an internship in the human resources department of RBC Capital Markets in the summer of 2019, and then completed a certificate in online retail over the summer of 2020. During a seven-month internship with NJ Transit, Williams handled property management and lease renewals. She gave up the position earlier this year to work for Leverage Companies as a due diligence specialist, getting commercial properties appraised and inspected, and reviewing contracts.
Williams said she aspires to have a career in the real estate industry, handling large commercial transactions. And for fun? She has some "bucket list" goals, such as visiting the equator line in Ecuador.
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SOURCE Rutgers Business School-Newark and New Brunswick | https://www.mysuncoast.com/prnewswire/2022/05/13/career-real-estate-beckons-after-immersive-rutgers-business-school-experience/ | 2022-05-13T14:15:57Z |
BEIJING, June 23, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, is pleased to announce that it has entered into agreements with certain warrant holders (the "Warrant Holders") to repurchase over 4.72 million outstanding warrants ("Warrants") of the Company for an aggregate purchase price of approximately US$6.61 million. The Warrants were issued by the Company in May 2021 pursuant to (i) certain Securities Purchase Agreement (the "SPA") between the Company and the purchasers party thereto, dated April 29, 2021, and (ii) certain placement agent agreement between the Company and the placement agents thereto, dated April 29, 2021.
Simultaneously, the parties amended the terms of the SPA in a manner that is expected to provide the Company with more flexibility with respect to future issuances of ADSs, Ordinary Shares or Ordinary Share Equivalents, as defined in the SPA.
The Company would like to extend sincere appreciation to warrant investors for their great support in the Company's development. The completion of the warrant repurchase transaction will eliminate all outstanding warrants and streamline the capital structure of the Company, which enables the Company more financing flexibility in the capital markets.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Canaan Inc.
Established in 2013, Canaan (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. The company's vision is "super computing is what we do, social enrichment is why we do it." Canaan has a rich experience in chip design and streamlined production in the ASIC field. In 2013, it released and mass produced its first ASIC Bitcoin mining machine. In 2018, Canaan released the world's first 7nm ASIC chip, providing energy efficient computing equipment to the cryptocurrency mining industry. In the same year, Canaan released the world's first RISC-V architecture commercial edge AI chip, further harnessing the potential of ASIC technology in the field of high-performance computing and artificial intelligence.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about Canaan Inc.'s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the possibility that the condition to the closing of the repurchase of the Warrants is not satisfied and the repurchase of the Warrants is not consummated; the possibility that at least of holders of 50.1% in interest of the ADSs do not agree to the Amendment and the Amendment is not consummated. Further information regarding this and other risks is included in the Company's filings with the SEC, including its registration statement on Form F-1, as amended, and its annual reports on Form 20-F, as amended. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Canaan Inc.
Ms. Xi Zhang
Email: IR@canaan-creative.com
ICR, LLC.
Robin Yang
Tel: +1 (347) 396-3281
Email: canaan.ir@icrinc.com
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SOURCE Canaan Inc. | https://www.mysuncoast.com/prnewswire/2022/06/23/canaan-inc-announces-repurchase-over-472-million-outstanding-warrants-approximately-us661-million/ | 2022-06-23T14:29:46Z |
Dem says Manchin blocking energy, tax provisions in big bill
WASHINGTON (AP) — Sen. Joe Manchin has told Senate Majority Leader Chuck Schumer that he will oppose an economic measure they have been negotiating if it includes climate or energy provisions or boosts taxes on the rich or corporations, a Democrat briefed on the conversations said late Thursday.
Manchin’s demands upend party leaders’ hopes for a more sweeping election-season package they’ve hoped to present to voters by August, leaving the measure’s future unclear. In talks with Schumer, D-N.Y., that have lasted months, Manchin had previously expressed support for energy and climate language and for raising levies on high-earners and big companies.
The official said Manchin, D-W.Va., who derailed his party’s far bigger and wider-ranging social and environment package last December, has told Schumer he will only support a package limited to curbing pharmaceutical prices and extending federal subsidies for buying health care coverage.
President Joe Biden and congressional Democrats have been hoping to revive a roughly $1 trillion version of the $2 trillion bill that Manchin killed in December and push it through Congress by next month to tout as an achievement before the November elections. Half of it was to be dedicated to reducing federal deficits.
Manchin’s demands mean Democrats would probably only be able to produce a far smaller bill that erases the hopes of many in the party to use it to fund clean energy incentives that could begin to help curb global warming.
However, containing the costs of prescription drugs and extending subsidies for people buying health insurance under former President Barack Obama’s 2010 health care law are also top Democratic priorities. Manchin’s stance puts his party in the position of having to decide whether it should accept a more modest package, as opposed to perhaps nothing.
The official was not authorized to discuss the negotiations publicly and spoke on condition of anonymity.
Manchin spokesperson Sam Runyon issued a statement that reiterated the senator’s assertions that he did not want any measure that emerged to worsen the consumer cost of living. The government reported this week that inflation last month reached an annual level of 9.1%, the highest figure in four decades.
“Political headlines are of no value to the millions of Americans struggling to afford groceries and gas as inflation soars to 9.1%,” Runyon said. “Senator Manchin believes it’s time for leaders to put political agendas aside, reevaluate and adjust to the economic realities the country faces to avoid taking steps that add fuel to the inflation fire.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/15/dem-says-manchin-blocking-energy-tax-provisions-big-bill/ | 2022-07-15T04:16:31Z |
SOLNA, Sweden, May 5, 2022 /PRNewswire/ -- The board of directors of Loomis AB has resolved to exercise the authorization, granted by the annual general meeting on May 4, 2022.
The repurchase may commence on May 6, 2022, end not later than on June 22, 2022, and comprise an amount up to a maximum of SEK 200 million. Repurchase shall be made on Nasdaq Stockholm, on one or more occasions, at a price within the prevailing price interval registered at each point in time (being the interval between the highest buying price and the lowest selling price). Payment for repurchased shares shall be made in cash. Nordea Bank Abp will administrate the repurchase and, based on the trading order given by Loomis, take trading decisions independently of Loomis with regard to the timing of the acquisitions.
Reporting will be made via the stock exchange in accordance with applicable rules.
The repurchase is made for the purposes set forth in the general meting's authorization.
The total number of shares in Loomis is 75,279,829 and the company holds 1,433,782 own shares.
This press release is also available on the company's website, www.loomis.com.
CONTACT:
Kristian Ackeby
Chief Financial Officer
Mobile: +46 70 569 69 98
Email: kristian.ackeby@loomis.com
Anders Haker
Chief Investor Relations Officer
Mobile: +1 281 795 8580
Email: anders.haker@loomis.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Loomis AB | https://www.kxii.com/prnewswire/2022/05/05/board-loomis-exercises-its-authorization-repurchase-shares/ | 2022-05-05T09:18:56Z |
Platform Company of Youth Enrichment Brands Starts 2022 with Significant Growth
DALLAS, April 21, 2022 /PRNewswire/ -- Unleashed Brands, a franchise growth-focused platform company that includes portfolio brands Urban Air Adventure Park, Snapology, The Little Gym, Premier Martial Arts and Class 101, announced today impressive Q1 franchise growth numbers that show significant momentum across several of the brands. Since the start of 2022, the company has signed a total of 65 new franchise deals across four of the brands, with plans to enter several new markets.
"We are excited to build on a banner year of growth in 2021 for many of our brands into Q1," said Josh Wall, Chief Growth Officer for Unleashed Brands. "It's rewarding to see these relationships come full circle with more and more openings in new areas and with franchisees who are adding to their portfolio of franchised kid-focused brands. We expect this momentum to grow throughout the year as Unleashed Brands continues to provide investment opportunities for entrepreneurs looking to impact their communities and invest in kids."
Some of the highlights of the new deals within the Unleashed family of brands include:
- Urban Air Adventure Park: This quarter's new Urban Air signings include the addition of franchisees in Kennesaw, GA; Vancouver, WA; Glendale, AZ; Grand Rapids, MI; Concord, CA; St. Petersburg, FL; NW Nashville, TN; Nassau County, NY; Meyerland, TX; Houston Heights, TX; Pensacola, FL; and Shreveport, LA.
- The Little Gym: This quarter's new Little Gym signings include the addition of franchisees in Round Rock, TX; Tomball, TX; Roanoke, TX; Hasbrouck Heights, NJ; Cedar Park, TX; Coeur d'Alene, ID; Ridgefield, WA; Southern Colorado Springs, CO; and Bend, OR.
- Snapology: This quarter's new Snapology signings include the addition of franchisees in Harrisonburg, VA; Colorado Springs, CO; Las Vegas, NV; Peoria, AZ; Huntsville, AL; Lake Jackson, TX; Katy, TX; Sugarland, TX; Woodbridge, VA; San Diego, CA; Lexington, SC; Campbell, CA; and Cedar Park, TX.
- Premier Martial Arts: This quarter's new Premier Martial Arts signings include the addition of franchisees in Birmingham, AL; Reading, PA; South Arlington, TX; Mt. Pleasant, SC; Belmont Mt. Holly, NC; Lincoln, NE; Dallas, TX; Yorba Linda, CA; Tustin, CA; Bend, OR; Glenview, IL; Wenatchee, WA; Trussville, AL; Hillsdale, NJ; Gramercy, NY; Rancho/NW Las Vegas, NV; and Brooklyn Heights, NY.
Later today, at 1 p.m. ET/12 p.m. CT/10 a.m. PT, Unleashed Brands will hold a Franchise Education Webinar geared towards people interested in owning one of the leading youth enrichment franchises under the Unleashed Brands umbrella. Participants will hear from Unleashed Brands Founder & CEO Michael O. Browning, Jr. on the vision of Unleashed Brands and how the platform company is investing in kids and providing opportunities for entrepreneurs to impact their communities. Additional speakers will include Jay Thomas, CEO and Brand President of Urban Air, Nancy Bigley, CEO and Brand President of The Little Gym and Laura Coe, CEO and Brand President of Snapology, who will all share the current state and future of each Unleashed brand. James Franks and Josh Barker, VPs of Franchise Recruitment for Unleashed Brands, will also join the conversation to provide an overview of the Discovery Process. To register, visit https://bit.ly/UnleashedBrandsWebinar.
Unleashed Brands is backed by a management team with more than 150 years of combined consumer industry experience, focused on serving families. It continues to grow its industry-leading platform to better serve and support families as Moms and Dads seek to "Build Great Kids."
To learn more about Unleashed Brands and current opportunities, please visit unleashedbrands.com.
About Unleashed Brands
Unleashed Brands currently includes portfolio brands Urban Air, Snapology, The Little Gym, Premier Martial Arts and Class 101 and was founded to curate and grow a portfolio of the most innovative and profitable brands that help kids learn, play and grow. Over the last 10 years, the team at Unleashed Brands has built a proven platform and know-how for scaling businesses focused on serving families. Its mission is to impact the lives of every kid by providing fun, engaging and inspiring experiences that help them become who they are destined to be. For more information, please visit www.UnleashedBrands.com.
Media Contact: Matt Igleski, Fishman Public Relations, migleski@fishmanpr.com or 847-945-1300
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SOURCE Unleashed Brands | https://www.wibw.com/prnewswire/2022/04/21/q1-franchise-signings-showcase-strength-unleashed-brands/ | 2022-04-21T14:27:35Z |
The acquisition is on behalf of a Delaware statutory trust investment offering that seeks to raise $52.8 million in equity from accredited investors
KNOXVILLE, Tenn., June 6, 2022 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of Village at Westland Cove, a Class A, 240-unit multifamily community in Knoxville, Tennessee. The community was acquired on behalf of CS1031 Village of Westland Cove Apartments, DST.
"This is Capital Square's sixth acquisition of a multifamily community in Tennessee for the DST/1031 exchange program," said Louis Rogers founder and chief executive officer of Capital Square. "Village at Westland Cove is located in one of the hottest housing markets in the nation for 2021.1 Employment in the area is exceptionally strong, with the Oak Ridge Reservation and National Laboratory, operated by the U.S. Department of Energy, only 19 miles away, generating 14,667 full-time jobs and wages totaling over $1.3 billion."
Completed in 2019, Village at Westland Cove is located at 9635 Westland Cove Way along Interstate 140. The 28.2-acre luxury multifamily community sits on the shore of scenic Fort Loudoun Lake. It offers one-, two- and three-bedroom units averaging 1,147 square feet with best-in-class amenities. The community features include a state-of-the-art fitness center, Amazon lockers and coolers for grocery deliveries, car care center, two pet play areas, coffee bar, business center, food truck nights, gaming patio with bocce ball court, outdoor firepit, outdoor kitchen, club house, swimming pool, kayaks available to residents, as well as lake access via a resident dock.
Village at Westland Cove is located within close proximity of The Pinnacle at Turkey Creek, a 650,000-square-foot shopping center that includes more than 65 retail stores and restaurants. The property is in the 10th hottest housing market in the country for 2021,1 with a 5-year value increase of 55%, according to Zillow Group. Turkey Creek Medical Center, a Level III trauma center that is part of Tennova Healthcare, lies within two miles of the property. Situated further along the I-140 and I-40 are attractions such as Knoxville Museum of Art, Market Square and Zoo Knoxville.
The Oak Ridge Reservation, operated by the U.S. Department of Energy and home to Oak Ridge National Laboratory, is approximately 19 miles from the Village at Westland Cove and is the largest employer in the area. According to the East Tennessee Economic Council, approximately 14,667 full-time jobs were directly provided by the DOE and its major contractors within Tennessee in 2020, with annual wages and salaries totaling nearly $1.311 billion.2 WBIR.com reports that Bill Lee, Tennessee's governor, recently announced a $72 million budget for the UT-Oak Ridge Innovation Institute, a collaboration between the University of Tennessee and Oak Ridge National Laboratory, in a bid to attract and maintain science, technology, engineering and mathematics (STEM) talent in the Knoxville area.3
"Village at Westland Cove is an exceptional multifamily property located in an idyllic setting with luxury amenities throughout," said Whitson Huffman, chief strategy and investment officer. "The local economy is thriving, with low unemployment, high average household income and growing demand for high-end apartment living such as that provided to the residents of Village at Westland Cove."
Data from Esri shows the average household income within a three-mile radius of the property reaches approximately $130,000. According to Yardi Matrix, Knoxville's rental rates are rising along with demand, with 18% year-over-year rent growth and 98.1% average occupancy as of March 31, 2022.
The Bureau of Labor Statistics reports that Knoxville witnessed an increase of over 19,000 job opportunities since February 2021, with unemployment rates reaching 2.8%. According to the BLS, job opportunities in the area should continue to grow with 3M Company announcing plans to invest approximately $470 million to expand their manufacturing facility in the Knoxville MSA, creating 600 new jobs by 2025.4
Taylor Bird, Nelson Abels, Robert Stickel, and Alex Brown of Cushman & Wakefield represented the seller.
Bird, executive director of Cushman & Wakefield, noted, "The Village at Westland Cove offers a truly unique asset coupled with an unrivaled amenity package, interior finishes and beautiful water views."
CS1031 Village of Westland Cove, DST seeks to raise $52.8 million in equity from accredited investors and has a minimum investment requirement of $50,000.
Since its founding in 2012, Capital Square has acquired 146 real estate assets for approximately 6,000 investors seeking quality replacement properties that qualify for tax deferral under Section 1031 of the Internal Revenue Code and other investors seeking stable cash flow and capital appreciation.
Sources: 1. Nashville Business Journal, October 22, 2021 | 2. East Tennessee Economic Council, August 2021 | 3. WBIR, February 2022 | 4. U.S. Bureau of Labor Statistics, May 2022
About Capital Square
Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualified opportunity zone funds for tax deferral and exclusion and a real estate investment trust (REIT). In recent years the company has become an active developer of multifamily properties in the southeastern US, with eight current projects totaling approximately 2,000 apartment units with a total development cost in excess of $600 million. Since 2012, Capital Square has completed more than $5.6 billion in transaction volume. Capital Square's executive team has decades of experience in real estate investments. Capital Square's related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high-net-worth investors, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for four consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense's list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and their "Fantastic 50" reports in 2019 and 2020. To learn more, visit www.CapitalSq.com.
Disclaimer: Securities offered through WealthForge Securities, LLC, Member FINRA/SIPC. Capital Square and WealthForge Securities, LLC are separate entities. There are material risks associated with investing in DST properties and real estate securities including illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your particular situation. This is not a solicitation or an offer to see any securities. Please read the Private Placement Memorandum (PPM) in its entirety, paying careful attention to the risk section prior to investing. Diversification does not guarantee profits or protect against losses. Private placements are speculative.
Contact:
Jill Swartz
Spotlight Marketing Communications
949.427.1389
jill@spotlightmarcom.com
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SOURCE Capital Square | https://www.kxii.com/prnewswire/2022/06/06/capital-square-acquires-multifamily-community-knoxville-tennessee-dst-offering/ | 2022-06-06T12:52:35Z |
The Hawaii most tourists see is one of azure waters and towering resorts, of "aloha" and "ohana" and hula.
But as it exists now, the powerful tourism industry dictates the lives of Native Hawaiians, often for the worse, said Kyle Kajihiro, a lecturer at the University of Hawaii at Mānoa and activist for the rights of Native Hawaiians.
The tourism industry in Hawaii powers its state revenue, but that reliance on tourism has resulted in Native Hawaiians getting priced out of their homes, climate change wreaking havoc on the natural landscape, and a lack of respect for the 50th state that is also the ancestral land of more than half a million people.
"I think that it is too easy for people to visit places like Hawaii," Kajihiro said. "It conditions visitors to feel entitled."
The industry must change to improve the futures of Native Hawaiians, Kajihiro told CNN. He's one of several residents who have worked to educate visitors and return some elements of Hawaiian culture to the people from whom it originated. If visitors to Hawaii decenter themselves and instead take with them respect and a willingness to learn -- or choose not to visit at all -- then Hawaii may be preserved for the people who have called it home for centuries, activists say.
For many residents, living in Hawaii is no vacation
Tourism is Hawaii's largest single source of private capital, per the Hawaii Tourism Authority. Even amid the Covid-19 pandemic, it remains incredibly lucrative: In April alone, visitors to Hawaii spent over $1 billion in the islands, according to a state report marking the recovery of tourism since the start of the Covid-19 pandemic.
But what's profitable for Hawaii's economy can negatively impact the lives of Native Hawaiians and yearlong residents. To combat drought conditions, residents last year were asked to reduce their water consumption or face a fine while large resorts continued to use far more water. There are millions more annual visitors than there are permanent residents -- in 2021, there were more than 6.7 million visitors compared to 1.4 million residents -- which can cause carbon emissions to surge and overuse of its beaches, hiking trails and other natural wonders. Hawaii has even been called the "extinction capital of the world" for the number of species who've gone extinct or are at high risk of dying out.
It also has the highest cost of living in the nation, partly due to the state having to import around 90% of its goods. Its housing market is one of the most expensive in the country, ProPublica and the Honolulu Star-Advertiser reported in 2020, and with a large demand for land and a limited amount of it, Native Hawaiians can spend decades waiting to reclaim ancestral land, leading some to move from the islands.
"Tourism normalizes and conceals the current dystopian reality experienced by many Kānaka Maoli and the poor immigrant communities in Hawaii," Kajihiro told CNN. (Kānaka Maoli is the Hawaiian-language term for Native Hawaiians.)
To empower Native Hawaiians and return some of their rights, the tourism industry needs to change, beginning with its ethos, Kajihiro said.
'DeTours' show the real history of Hawaii beyond the beach
In an effort to reclaim the histories of Hawaii and educate residents and visitors about the impacts of colonization, militarization and tourism, Kajihiro created the Hawai'i DeTour Project. The program, which he runs with lifelong activist Terrilee Kekoʻolani, aims to "interject a more critical historical account of Hawaii" in hopes that it'll start conversations about social responsibility and create solidarity with social justice and environmental activist efforts in Hawaii.
Kajihiro leads DeTours to locations like downtown Honolulu to discuss Hawaii's former sovereignty; to 'Iolani Palace, where the US supported a White settler-led coup against Queen Lili'uokalani; to military landmarks like the Pearl Harbor memorial to discuss American efforts to transform parts of Hawaii into military strongholds.
Though Kajihiro doesn't advertise his services, visitors are increasingly seeking them out. While he prioritizes educational and political groups that can help create change locally, he has seen both residents and visitors on his tours, some of whom go on to become involved in the causes he highlights.
"I guess it could be seen as a good sign that people want to learn and be more responsible as travelers," he said. "But there are also many people who simply want the novelty of a 'reality' tour or seek to assuage their guilt by doing a more 'socially responsible' tourism. I'm not interested in giving people permission to visit Hawaii guilt-free."
One way to support Native Hawaiians is to not visit at all, some say
Two educators in Hawaii borrowed the name of Kajihiro's operation for their book, which also shares his principles. "Detours: A Decolonial Guide to Hawai'i," co-edited by Vernadette Gonzalez and Hōkūlani Aikau, is no ordinary guide book -- it's a call to action.
The book is designed to educate readers about Hawaii's past and present and the negative impacts of colonization, militarization and tourism. Even if readers never make it to Hawaii, the stories transport them to some of the sites Kajihiro leads his groups to. In the introduction to the book, Gonzalez and Aikau write that not all readers will be "invited or allowed to go to all of the places that are described," and some locales were left out entirely because they're "not meant for outsiders."
Many tourists' relationship to Hawaii is an extractive one, Gonzalez and Aikau write, and that relationship must shift to one of support if the Hawaii tourists know and the Hawaii its residents live in are to continue to exist. Even better, they write, would be choosing not to vacation in Hawaii at all.
"Sometimes the best way to support decolonization and Kanaka 'Ōiwi (Native Hawaiian) resurgence is to not come as a tourist to our home," the editors write.
Improving tourism begins with respect for the islands and Native Hawaiians
Of course, there will always be tourists in Hawaii as long as it remains the islands' top industry -- and as long as its beaches beckon to guests with deep pockets. The nonprofit Sustainable Tourism Association of Hawaii connect tourists with local attractions that emphasize cultural and environmental responsibility. The Coconut Traveler, a travel company created by Debbie Misajon, the granddaughter of Filipino immigrants who moved to Hawaii to work on sugarcane plantations, is aimed at wealthy guests and charges a responsible tourism fee, 100% of which goes to local organizations that work to sustain Hawaii's natural beauty. Recentering the focus of a trip to Hawaii from the guest to the island and its residents might lighten the footprint a tourist leaves there, Misajon told CNN.
"I'm all for coming and enjoying the islands, but (I) encourage people to find ways to be part of the solution," Misajon said. "It might be trite, but spend your money locally."
Making fundamental changes to the tourism industry should begin with returning rights to Native Hawaiians and letting them decide how they want their culture to be shared and consumed, if at all, Kajihiro said. There's already a model of this in New Zealand, where the Māori people have control over how their culture is represented and experienced by tourists, he said, with an emphasis on mutual respect.
"Let's abolish the word 'tourism,'" Kajihiro said. "The very term privileges the consumer, the act of consuming places, and the transactional relationship."
Instead, he said, visitors should "rethink travel as entering someone else's home." Someone who's a guest at someone else's home may bring a gift with them or express their gratitude to their host in other ways, he said.
"As a visitor, you have the burden to learn, act responsibly, not be a burden and respect your hosts," Kajihiro said.
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DNX Ventures, OCA Ventures, and AperiamVentures back Roq.ad to future-proof global digital marketing in the absence of third-party cookies.
PALO ALTO, Calif., June 16, 2022 /PRNewswire/ -- Roq.ad (pronounced rock-ad), the leading GDPR/CCPA-compliant, probabilistic, multi-device identity resolution provider serving Europe and North America, has just announced Series A funding from DNX Ventures, OCA Ventures, and AperiamVentures for $7 million.
"We wanted investors that could really bring value to our business; teams that understand both the obvious need for a future-proof identity graph as well as the technical complexity going on behind the scenes with big data and AI," said Roq.ad co-founder and CEO Carsten Frien. "We have our sights on expansion beyond adtech, into ecommerce, cybersecurity, and other markets where our identity graph can add significant value in a cookieless future while maintaining privacy compliance in an ever-changing regulatory environment. DNX, OCA and AperiamVentures complement our ambitions perfectly."
"Roq.ad has demonstrated through innovative technology and rapid growth the urgent need for a GDPR-first approach to ID brokerage in a third-party cookieless future. Brands are facing a challenge of personalizing services and compete faster for new customers in a digital market. Roq.ad offers the answer to when the avenues to identifiers narrow, while preserving the opt-in requirements and meeting regulations. We are very excited about the future of Roq.ad and look forward to helping them win the universal ID game - in the right way," said Mitch Kitamura, Managing Partner at DNX Ventures.
"Roq.ad has grown impressively -- tripling ARR between 2020 and 2021 -- and we believe that they are poised for another year of strong growth. Given our firm's focus on the digital transformation of marketing, we believe that technology solutions like Roq.ad's are critical for brands seeking to effectively reach users across devices in a privacy-first future," said AperiamVentures General Partner and MediaMath founder Joe Zawadzki.
"Roq.ad has incredible scale, covering 80% of the online audience in key European markets while growing swiftly in North America and around the world. Expansion plans include LATAM, Japan, and other geographies. In an environment where it's harder than ever to reach a highly relevant digital audience, Roq.ad is delivering budget efficiency and brand credibility by expanding audiences while remaining TCF compliant. They are truly disrupting the category," said Tamim Abdul Majid, General Partner at OCA Ventures.
Roq.ad will use the funding to expand commercial and technology teams, fuel growth in new segments and geographies, and accelerate the distance between its product and competitors.
Roq.ad is an award-winning identity resolution provider and the only independent probabilistic player globally. Roq.ad products are used by leading brand and performance advertisers, global media agencies, publishers, ad networks, affiliate networks, DSPs, DMPs, and data onboarding organizations. Roq.ad was founded in Berlin, Germany which is regulated by the strictest data privacy legislation on the planet. Roq.ad has been awarded the e-privacy seal for privacy compliance since its inception in 2015 and is a proponent of the principle of privacy-by-design. Roq.ad is a member of key industry bodies like IAB and BVDW and only processes consented data in its products. Visit roq.ad to learn more.
Contact: Jennifer Schiffman, Chief Marketing Officer
Phone: +1.410.294.0205
Email: jschiffman@roq.ad
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SOURCE Roq.ad | https://www.mysuncoast.com/prnewswire/2022/06/16/roqad-raises-7m-series-round-ensure-digital-marketing-addressability-gdpr-compliance-cookieless-future/ | 2022-06-16T09:33:32Z |
White House hosts lawyers for discussion on abortion access
By SEUNG MIN KIM
Associated Press
WASHINGTON (AP) — Attorney General Merrick Garland is headlining a White House event that’s bringing together pro bono lawyers, bar associations and public interest groups to discuss how best to offer legal services and protections for women seeking abortions. It’s part of an executive order signed by President Joe Biden aimed at protecting access to abortion after the Supreme Court last month struck down Roe v. Wade, which had established a constitutional right to the procedure. The White House says lawyers at Friday’s event will work to “encourage robust legal representation of those seeking reproductive care services.” | https://localnews8.com/news/ap-national/2022/07/29/white-house-hosts-lawyers-for-discussion-on-abortion-access/ | 2022-07-29T20:44:05Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Fast Company today named Jayna Kothary, MRM's Global Chief Technology Officer, as the Most Innovative Leader of the Year in its fourth annual Best Workplaces for Innovators list.
Fast Company wrote: "The first woman to serve as global CTO at marketing agency MRM, Kothary opened the company's innovation hub, Lab13, to make its tools accessible to all employees; and launched a new innovation-as-a-service offering that allows clients to access MRM's multidisciplinary expertise on a subscription basis, leading to new work with such brands as Nestlé, Coca-Cola, and Amazon." The magazine also named four runners-up to Kothary from across the world of business.
The Innovators issue honors organizations and businesses that demonstrate a steadfast commitment to encouraging innovation at all levels. Since joining MRM in August of 2020, Kothary has helped transform MRM into an innovation powerhouse that creates total human experiences, taking innovations from ideas to action.
Kothary has never fit in a box. Learning to adapt and innovate in any environment is her true superpower. Shortly after joining MRM from ad agency network WPP, she quickly democratized innovation, opening up the agency's T-shaped talent, skills and most importantly knowledge to everyone in the organization. In 2021 she formally launched T-Shaped, a business transformation and experiences consultancy that supports MRM and McCann Worldgroup's top global 25 accounts.
To further codify MRM's culture of innovation, Kothary led the launch of MRM's Innovation as a Service (IAAS) offering, which allows clients to collaborate on an ongoing basis to deliver innovation across their business. They engage MRM on a subscription basis to gain access to thought leadership, prominent strategic insights and trends, a range of talent from a 4,000-person strong organization with multi-disciplinary skills, and white space hunting and growth hacking to find novel opportunities to grow their business. The IAAS offering brings together MRM's T-Shaped, leading global martech capability, Innovation Lab (Lab13), and MRM Commerce offerings, all of which are under the leadership of Kothary.
Says Kothary, "I am thrilled to receive this honor. It is sentiment not only to me, but to MRM's mantra of innovation being a team sport. We are inherently problem solvers to help our clients excel at their core and seek new areas of growth in an ever-changing economic, social, consumer and sustainability landscape. We do that by bringing together creativity, technology, data, and commerce at every level in our organization. Innovation is an imperative to this… not an option. It is in our DNA."
Developed in collaboration with Accenture, the 2022 Best Workplaces for Innovators ranks 100 winners from a variety of industries, including computer science, biotech, consumer packaged goods, nonprofit, education, financial services, cybersecurity, engineering, diversity, sustainability, B2B, and consumer products and services. Fast Company editors and Accenture researchers worked together to score nearly 1,500 applications, and a panel of eight eminent judges reviewed and endorsed the top 100 companies. The 2022 awards feature workplaces from around the world.
"This year's list of the Best Workplaces for Innovators recognizes organizations that have demonstrated a deep commitment to cultivating creativity across the board," says Brendan Vaughan, editor-in-chief of Fast Company. "In the face of powerful headwinds, these leaders and teams continue to spur innovation."
Read more at: https://www.fastcompany.com/90773345/best-workplaces-for-innovators-2022-innovative-leader-of-the-year
Fast Company's Best Workplaces for Innovators issue (September 2022) is available online now, and the print issue will be on newsstands beginning August 16, 2022. Join the Best Workplaces for Innovators conversation using #FCBestWorkplaces.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.
About MRM
MRM creatively engineers total human experiences. Through purposeful, dynamic intersections between consulting, creative, technology, data sciences and commerce, MRM operates in a borderless, integrated way, to allow for greater collaboration, connections and velocity — all to the service of helping businesses grow meaningful relationships with people. MRM is part of McCann Worldgroup and the Interpublic Group of companies (NYSE: IPG) and spans 35 offices across North America, Latin America, Europe, the Middle East and Asia Pacific. For more information, please visit www.mrm.com.
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SOURCE MRM | https://www.mysuncoast.com/prnewswire/2022/08/02/mrm-global-chief-technology-officer-jayna-kothary-named-most-innovative-leader-2022-fast-companys-fourth-annual-list-100-best-workplaces-innovators/ | 2022-08-02T17:21:06Z |
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