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COLUMBUS, Ohio (WCMH) – The FBI has arrested a Florida doctor after an Ohio woman sent in a tip alleging that he tried to buy underage girls as sex slaves.
Alan Li, 26, faces charges of attempted sex trafficking of a minor and attempted coercion or enticement of a minor. WCMH obtained documents related to the FBI’s investigation into the doctor, who worked at a Miami Beach, Florida, hospital, that showed the agency started looking into him in March when it got a tip from a woman in Columbus.
Investigation begins
The woman — whose name was not included in court documents — said she met Li a year ago in Columbus through a dating website, and they met up for a night. During their time together, she told him about when she was trafficked at a young age, according to the FBI. After losing contact for several months, Li reached out to her on March 12 over Snapchat, and the woman shared her conversation with Li with the FBI.
“You said you were trafficked right?” Li allegedly asked the woman. “My friend wants to meet young girls and he is willing to pay, can you help him out?
The woman told Li to connect her with his friend on Snapchat, and Li responded that his friend would make an account. The criminal complaint record indicates that Li was actually making a second account and was pretending to be another person named Michael Chen. Investigators said Li would log out of his account and into Michael’s quickly from the same IP address registered to his house, and other details made them believe the two were the same person.
“Hi I’m mike, alan gave me your contact,” Li wrote to the woman. “…But I also like younger girls if you know what I mean.”
“What age,” the woman asked.
“Ideally 8-15,” Li wrote, according to the document.
The conversation history stops for March 12 in the criminal complaint record. However, the FBI notes on March 16, the woman also called the hospital where Li worked, Mount Sinai Medical Center, to disclose what had been said to her.
Going undercover
The criminal complaint picks the conversation back up on March 22, when the Columbus woman let an FBI “online covert employee” take over her Snapchat account to talk with Li. From here, the FBI agent, pretending to be the woman, gave Li a trafficker’s phone number, which was actually the agent using another phone. Li then used a fake number and pretended to be Chen to talk with the undercover agent, the complaint says. The following are excerpts from the conversation laid out in the document, with some portions omitted for explicit content.
“What do you have available?” Li asked. “Girl.”
“Got a 9, 12 and 15 depending on what kind of service you want,” the agent said.
“Full service bareback available?” Li asked. “Ok let’s do the 12.”
The two also allegedly discussed payment options, with the agent telling him to make a $250 down payment and $500 total for sex with the 12-year-old over CashApp. Li asked if he could pay with cash or Bitcoin instead, according to the criminal complaint record. The agent told Li they would work it out later.
During payment negotiations, Li said he previously had an underage girl he kept as a sex slave. Some portions have been omitted for explicit content.
“… And like a live in situation,” Li proposed.
“… You ever had that?” the agent asked.
“Ya once before,” Li said. “… I just had her live with me and I provided everything.”
“… How old was that one? This 12 I got will do anything but had her a while now,” the agent said.
“13,” Li said.
“Who’s kid was it?” the agent asked.
“Just someone I knew in Ohio who set it up for me,” Li said.
Li asked about buying the 12-year-old to live in his house permanently as a sex slave, and the agent offered to sell her for $20,000.
“Ya she will stay in the house,” Li said. “… I keep my place pretty safe and locked up.”
Arranging a meeting
The criminal complaint record picked up discussion between Li and the agent again on April 4, when the agent asked for money. The pair later agreed to meet at a hotel on April 12 with the 12-year-old and payment in-person.
Li then canceled the meeting that evening and asked to reschedule, but the two never completed a plan. The criminal complaint showed he then reached out to the tipster woman and expressed that he was nervous.
“He’s trustworthy right?” Li asked. “… I’m not trying to be sketch but I’m trying to be careful since I don’t know him.”
Li and the undercover agent fell out of contact from April 16 to April 28, according to the record. The agent then tried to proposition Li on April 29, saying they had more girls available to buy. They made arrangements for Li to buy a different girl on May 2, but that plan never materialized. Li then messaged the Columbus woman again feeling nervous.
Li ultimately never followed through on arrangements to meet and buy an underage girl, but the FBI made the case in the criminal complaint record that investigators found probable cause that Li had attempted to traffic a minor for sex.
Agents had already been conducting in-person surveillance on Li at this point, and arrested him on May 12, according to federal records.
Arrest aftermath
Inmate records show Li was being held in the Federal Detention Center in Miami as of Tuesday morning. Another document from Li’s case showed that because the doctor is accused of offenses involving a minor and had the resources to be a flight risk, the U.S. District Court for Southern Florida ordered him to be held without bail.
“Defendant’s intelligence, extensive education, exhibited knowledge of using technology to conceal his identity, and access to large amounts of cash and cryptocurrency, which would allow Defendant to make anonymous purchases, demonstrates his willingness and ability to evade law enforcement,” a U.S. magistrate judge wrote. “Moreover, Defendant has… extended family living abroad. As such, based on the charges alleged in the complaint, under which Defendant faces a mandatory minimum of 15 years’ imprisonment, Defendant has strong incentive, and the capability, to flee and evade capture by law enforcement.”
The FBI declined to comment on Li’s arrest when WCMH reached out, and also said it does not release inmate photos “as a matter of policy.”
Li still appeared on Mount Sinai Medical Center’s current resident list as of Tuesday morning, but the detention record said he no longer works at the hospital. The FBI also said in documents that it had been in contact with the hospital’s director of security, which gave investigators Li’s personnel file and network activity on Mount Sinai’s computers.
The doctor was a former Ohio resident, having graduated from Hilliard Darby High School in 2013. He attended the University of Virginia School of Medicine before becoming a resident at Mount Sinai and moving to Florida. | https://cw33.com/news/nexstar-media-wire/florida-doctor-allegedly-tried-to-buy-sex-slave-with-bitcoin-fbi/ | 2022-05-26T15:24:05Z |
MILAN (AP) — The mother of a 15-year-old Italian boy killed after being struck by a car driven by a U.S. servicewoman from the Aviano Air Base is demanding that the case be tried in Italy, and not by a U.S. military court.
The death of Giovanni Zanier is being investigated by Italian authorities, but because a U.S. service member is involved the case could be turned over to the military under an Italian-U.S. military treaty.
The 20-year-old woman was under house arrest for investigation of vehicular homicide. Toxicology exams showed she was driving with four times the legal limit of alcohol, Italian media have reported.
The boy’s mother, Barbara Scandella, told Italian dailies on Tuesday that the woman “must be tried in Italy and serve the entire penalty here.”
“We all know of previous incidents that have involved the American military in terrible accidents here. The truth is in these areas, they can do what they want and remain unpunished,’’ Scandella was quoted as saying by Rome daily La Repubblica. She made similar comments to Corriere della Sera.
In 1998, a U.S. pilot taking off from Aviano severed a ski-lift cable with a military jet while flying too low, killing 20 people. He was court-martialed by a U.S. military court, and acquitted on 20 counts of manslaughter in a case that provoked national outrage in Italy and strained relations with the United States.
In the latest case, the woman was driving a car that crashed into the curb at the edge of a roundabout at about 2:30 a.m. Sunday in the town of Porcia, about 15 kilometers (nine miles) from the Aviano base in northeastern Italy, Italian media said.
The 15-year-old was chatting with two friends on a bicycle path, when he was hit and his body tossed dozens of meters (yards) away by the impact, Corriere della Sera reported. He died while being transferred to a hospital. His friends were uninjured.
U.S. military authorities expressed their “deepest condolences” and said they were working closely with Italian law enforcement. | https://cw33.com/news/international/ap-international/mother-wants-us-soldier-tried-in-italy-for-sons-death/ | 2022-08-23T20:34:14Z |
TEMPLE, Texas, June 29, 2022 /PRNewswire/ -- Temple Economic Development Corporation (Temple EDC) today announced that H-E-B, the San Antonio based supermarket chain, will be expanding their Temple, Texas distribution facilities with a new automated frozen distribution line. Pending final negotiations with Temple EDC and the City of Temple the project will grow H-E-B's current facility footprint by 325,000 sq. ft. and will add over 100 jobs to the local economy.
"It is our privilege to continue to work with H-E-B as they grow their presence in Temple, Texas" said Adrian Cannady, President and CEO of Temple Economic Development Corporation. "H-E-B has seen many cycles of growth and expansion throughout their time in Temple and we are proud of the opportunities they continue to bring to our region. This expansion project, paired with Temple's strategic location and immediate access to I-35, will work to strengthen H-E-B's operations in Texas."
"As H-E-B grows into new markets across Texas, expansion of our Temple facilities supports our commitment to be the best retailer in Texas," said Chad Madison, group vice president of H-E-B warehousing.
H-E-B's Temple Distribution warehouse supports over 100 H-E-B retail stores across the region, from Austin to Dallas, and has been operating in the Temple community since 2010. With over 117 years in business H-E-B is one of the nation's largest independently owned food retailers and sees $36 billion in annual sales. The company is in the permit stage of the expansion with construction slated to begin by the end of 2022, and project completion expected in 2024.
"Temple is a community where growing businesses like H-E-B can thrive. We are thrilled that H-E-B has chosen to expand its footprint in our city and look forward to the new opportunities that will be available to our community," said Assistant City Manager of Temple, Erin Smith.
To learn more about this project and sites available in Temple, Texas, visit www.templeedc.com.
The Temple Economic Development Corporation (Temple EDC) is a nonprofit organization that serves as the designated economic development entity for the City of Temple, Texas. Temple EDC strengthens relationships, builds partnerships, and provides solutions that cause entities to choose Temple. To learn more about doing business in Temple, visit TempleEDC.com.
H-E-B, with sales of $36 billion, operates over 420 stores in Texas and Mexico. Known for its innovation and community service, H-E-B celebrates its 117th anniversary this year. Recognized for its fresh food, quality products, convenient services, and a commitment to environmental responsibility and sustainability, H-E-B strives to provide the best customer experience and lowest prices. Based in San Antonio, H-E-B employs 145,000 Partners in Texas and Mexico and serves millions of customers in more than 300 communities. For more information, visit HEB.com and HEB.com/newsroom.
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SOURCE Temple Economic Development Corporation | https://www.wibw.com/prnewswire/2022/06/29/h-e-b-expanding-temple-tx-with-planned-frozen-distribution-center/ | 2022-06-29T15:07:08Z |
Enterprises Increasingly Prefer Cloud-Delivered Security Over Traditional On-Prem
REDWOOD CITY, Calif., June 29, 2022 /PRNewswire/ -- A brand new quarterly report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, finds that the Security Services Edge (SSE) market grew 40 percent year-over-year (Y/Y) and was over $800 M in 1Q 2022. SSE is a new market that combines cloud-delivered Secure Web Gateway (SWG), Cloud Access Security Broker (CASB), Zero Trust Network Architecture (ZTNA), and Firewall-as-a-Service (FWaaS) technologies.
"We have identified SSE as an initial basket of four cloud-delivered security technologies that underpin security in SASE," said Mauricio Sanchez, Research Director, Network Security, and SASE & SD-WAN at Dell'Oro Group. "In the age of distributed apps and hybrid work, enterprises increasingly prefer cloud-delivered security over traditional on-premises solutions," added Sanchez.
Additional highlights from the inaugural 1Q 2022 SASE & SD-WAN Quarterly Report:
- Revenue associated with FWaaS and ZTNA cumulatively grew over 100 percent Y/Y.
- Revenue associated with SWG and CASB cumulatively grew nearly 30 percent Y/Y.
- Total SASE networking and security revenue approached $1.5 B and experienced over 30 percent Y/Y growth.
- SD-WAN revenue grew more than 20 percent Y/Y even as supply chain headwinds persist.
- Unified SASE–a subset of the total SASE market consisting of solutions that implement SASE networking and security as an integrated platform–achieved triple-digit Y/Y revenue growth.
- The SASE market has over 35 vendors, with the top 11 representing 80 percent of the market by revenue.
About the Report
The Dell'Oro Group SASE & SD-WAN report includes manufacturers' revenue covering the SASE and Access Router markets. In addition, the report analyzes the SASE market from two perspectives, technology (SD-WAN networking and SSE security) and implementation (unified and disaggregated). The report also provides unit information for the Access Router market. To purchase this report, please contact us at dgsales@delloro.com.
About Dell'Oro Group
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications and enterprise networks infrastructure, network security, and data center IT markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit https://www.delloro.com.
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SOURCE Dell'Oro Group | https://www.mysuncoast.com/prnewswire/2022/06/29/sases-security-services-edge-market-heats-up-40-percent-1q-2022-according-delloro-group/ | 2022-06-29T12:41:39Z |
PARIS, Aug. 30, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced the closing of a multi-year, strategic 5G licensing agreement with a new strategic partner.
Under the terms of the agreement, the first three years' revenue is expected to be in excess of $50 million. An initial payment in excess of 25% of the license will be received within 30 days of the closing, with additional milestone payments scheduled to be received regularly over the next three years. The partner has the rights to manufacture and sell the Taurus platform exclusively in the Chinese market for negotiated royalty payments on its future chipset sales.
"We are delighted to announce this new 5G strategic licensing agreement for our Taurus platform, which we expect to fund the balance of its development and expand our addressable market to China, a market currently not served by Sequans," stated Georges Karam, CEO of Sequans. "The agreement will generate licensing revenue over the first three years and royalty revenue for 20 years on the sale of partner's products based on our 5G technology. For the remainder of 2022, we expect this licensing revenue, when combined with our current expectations for the rest of our business, will enable us to target non-IFRS operating profitability for the second half of the year and non-IFRS operating break-even in 2023."
Mr. Karam concluded, "We believe our Taurus technology is uniquely positioned to be a leading 5G solution fully optimized for enhanced broadband and critical IoT applications. This, combined with the flexibility of our business model, makes us an attractive potential partner to many players interested in new 5G applications and markets."
The following statement is based on management's current assumptions and expectations and assumes no increase in the severity or duration of the COVID-19 pandemic, China's pandemic lockdowns and supply chain disruptions on the timing of product shipments and project advancement. This statement is forward-looking and actual results may differ materially.
Management is targeting sequential revenue growth of at least 10% in the third quarter of 2022, with gross margin in excess of 65%.
Sequans plans to conduct a teleconference and live webcast to discuss the 5G strategic partnership agreement today, August 30, 2022 at 8:00 a.m. ET /14:00 CET.
To participate in the live call, analysts and investors should dial 877-407-0792 or +1 201-689-8263 if outside the U.S. When prompted, provide the event title or access code 13732569. A live and archived webcast of the call will be available from the Investors section of the Sequans website at https://www.sequans.com/company/investor-relations/webcasts-and-presentations/.
An audio replay of the conference call will be available until September 13, 2022 by dialing toll free 844-512-2921 or +1 412-317-6671 from outside the U.S., using the access code 13732569.
This press release contains projections and other forward-looking statements regarding future events and our future financial performance and the potential for other 5G strategic agreements. All statements other than present and historical facts and conditions contained in this release, including any statements regarding future results of operations and financial positions, business strategy and plans, the potential financial impact of the new strategic agreement, the impact of the Covid-19 on our supply chain and on customer demand, the impact of component shortages and manufacturing capacity and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We undertake no obligation to update the information made in this release in the event facts or circumstances subsequently change after the date of this press release. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not rely on or place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. In addition to the risk factors contained in our Form 20-F for the fiscal year ended December 31, 2020, some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth of markets in which we compete and in which our products are sold, (ii) unexpected increases in our expenses resulting from inflationary pressures, including manufacturing expenses, (iii) our inability to adjust spending quickly enough to offset any unexpected revenue shortfall, (iv) delays or cancellations in spending by our customers, (v) unexpected average selling price reductions, (vi) the significant fluctuation to which our quarterly revenue and operating results are subject due to cyclicality in the wireless communications industry and transitions to new process technologies, (vii) our inability to anticipate the future market demands and future needs of our customers, (viii) our inability to achieve new design wins or for design wins to result in shipments of our products at levels and in the timeframes we currently expect, (ix) our inability to enter into and execute on strategic alliances, (x) our ability to meet performance milestones under strategic license agreements, including this newly executed strategic agreement, (xi) the impact of natural disasters on our sourcing operations and supply chain, (xii) the impact of the Ukraine-Russia conflict on our independent contractors located in Ukraine, (xiii) the impact of Covid-19 on the ability to operate our business and research, production of our products or demand for our products by customers whose supply chain is impacted or whose operations have been impacted by government shelter-in-place or similar orders or Covid-19 workforce shortages, (xiv) our ability to raise debt and equity financing, and (xv) other factors detailed in documents we file from time to time with the Securities and Exchange Commission.
Sequans Communications S.A. (NYSE: SQNS) is a leading developer and supplier of cellular IoT connectivity solutions, providing chips and modules for 5G/4G massive and broadband IoT. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband IoT applications, Sequans offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com, and follow us on Twitter and Linked In.
Media Relations: Kimberly Tassin, +1.425.736.0569, Kimberly@sequans.com
Investor Relations: Kim Rogers, Hayden IR, +1 385.831.7337, Kim@haydenir.com
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SOURCE Sequans Communications | https://www.wibw.com/prnewswire/2022/08/30/sequans-communications-closes-multi-year-strategic-5g-partnership-agreement/ | 2022-08-30T11:22:04Z |
Saturday night forecast: Tracking a breezy and warm Mother’s Day
Daily record high temperatures may be in jeopardy next week as we warm up
TOPEKA, Kan. (WIBW) - Skies become partly cloudy overnight and the winds pick up from the south going into Mother’s Day Sunday. Overnight tonight temperatures will be mild in the low 60s but south winds will be breezy tonight at 15 to 25 mph. There is a chance for some isolated rain showers in far northern Kansas after midnight tonight but most of the area will be staying dry.
Tonight: Partly cloudy. Lows in the low 60s. Winds SE at 10 to 20 mph. Slight chance for isolated rain in northern Kansas.
Mother’s Day: Partly cloudy. Highs in the low to mid 80s. Winds S at 10 to 20 mph, gusting to 30 mph.
The wind and higher afternoon temperatures are the weather headlines this forecast period. Winds will be ripping from the south at 10 to 20 mph on nearly each day this week. Wind gusts on Sunday and Monday could approach 30 mph before dialing back to the 10 to 20 mph range Tuesday through Friday. Temperatures will run and jump into the 90s beginning Monday as high pressure strengthens to our south and east. Daily record highs will be in jeopardy of being broken Tuesday through Thursday when temperatures could near 95 degrees in some areas. With the heat also comes some humidity so be prepared for heat index values to feel a couple degrees warmer.
As far as rain chances go, this upcoming week will be overall dry with a few slight chances for rain on both Tuesday night and Thursday night. On Tuesday night, storms are expected to develop to our southwest along a dryline. Storm development may expand into our area Tuesday night providing an isolated chance for thunderstorms. On Thursday storms are expected to develop in eastern Colorado and western Kansas and could make it to our area before they dissipate. In either event, the rain chance is low.
A better chance for rain arrive Friday night as a cold front nudges closer to Kansas and will likely pass through Saturday. Rain and thunderstorms are possible along the cold front as it passes through and this would present our next best chance for rain in Northeast Kansas.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/07/saturday-night-forecast-tracking-breezy-warm-mothers-day/ | 2022-05-07T21:52:52Z |
Services for Patricia “Pat” Ann Williams, 87, of Belton are pending with Young’s Daughters Funeral Home and Bereavement Center in Temple.
Mrs. Williams died Friday, April 1, at a Belton care facility.
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Envoy says US, allies preparing for N. Korean nuclear test
SEOUL, South Korea (AP) — President Joe Biden’s special envoy for North Korea said Friday the United States is “preparing for all contingencies” in close coordination with its South Korean and Japanese allies as it monitors North Korean arrangements for a possible nuclear test explosion that outside officials say could be imminent.
South Korean and U.S. intelligence officials have said they detected North Korean efforts to prepare its northeastern testing ground for another nuclear test, which would be its seventh since 2006 and the first since September 2017, when it claimed to have detonated a thermonuclear bomb to fit on its intercontinental ballistic missiles.
Sung Kim, the U.S. special representative for North Korea, was in Seoul for a trilateral meeting with his South Korean and Japanese counterparts to discuss the growing threat posed by North Korea’s nuclear weapons and missiles programs.
“The U.S. assesses that the DPRK is preparing at its Punggye-ri test site for what would be its seventh nuclear test. This assessment is consistent with the DPRK’s own recent public statements,” said Kim, using the initials of North Korea’s formal name, the Democratic People’s Republic of Korea.
Aside from coordinating with Seoul and Tokyo over contingency planning, Washington is also prepared to make “both short- and longer-term adjustments to our military posture as appropriate and responding to any DPRK provocation and as necessary to strengthen both defense and deterrence to protect our allies in the region,” Kim said.
Funakoshi Takehiro, Japan’s director-general for Asian and Oceanian Affairs, said the North’s spate of ballistic tests this year and possible nuclear test preparations underscore the need for a more robust international response and lamented the U.N. Security Council’s inaction over the North’s recent tests.
Kim Gunn, South Korea’s representative at the nuclear envoy, said North Korea’s nuclear weapons and missile development would only strengthen the security cooperation between the United States and its Asian allies and deepen the North’s isolation and economic woes.
“That is why it is so important to steer North Korea back towards the paths of dialogue and diplomacy,” he said.
Nuclear negotiations between Washington and Pyongyang have stalled since 2019 over disagreements in exchanging the release of crippling U.S.-led sanctions against North Korea and the North’s disarmament steps.
North Korean leader Kim Jong Un has expanded his ballistic missile program amid the diplomatic pause and a nuclear test would escalate his brinkmanship aimed at cementing the North’s status as a nuclear power and negotiating economic and security concessions from a position of strength.
North Korea has already conducted missile tests 17 different times in 2022, including its first ICBM demonstrations in nearly five years, exploiting a favorable environment to push forward weapons development as the U.N. Security Council remains divided over Russia’s war on Ukraine.
Russia and China last week vetoed a U.S.-sponsored resolution that would have imposed additional sanctions on North Korea over its latest ballistic tests on May 25, which South Korea’s military said involved an ICBM flown on medium-range trajectory and two short-range weapons. Those tests came as Biden wrapped up his trip to South Korea and Japan, where he reaffirmed the U.S. commitment to defend both allies in the face of the North’s nuclear threat.
Linda Thomas-Greenfield, the U.S. ambassador to the U.N., said Washington will still push for additional sanctions if North Korea conducts a new nuclear test.
Kim Jong Un’s pressure campaign is unlikely to be impeded by a deadly coronavirus outbreak in his largely unvaccinated autocracy.
Dr. Mike Ryan, the World Health Organization’s emergencies chief, said Wednesday that the U.N. health agency assumes the virus situation in North Korea is “getting worse, not better,” considering the lack of public health tools, despite Pyongyang’s recent claims that COVID-19 is slowing there.
North Korea has so far ignored U.S. and South Korean offers of vaccines and other help. Experts say the North is more likely to accept medical supplies from China, its main ally and economic lifeline.
“We are concerned about how the outbreak might affect the North Korean people, the economy and the already dire food situation in the wake of these developments,” Sung Kim said, calling for the North to respond to offers for outside help.
North Korea says it has so far found 3.9 million people with feverish symptoms, but health officials have confirmed only a handful of cases as COVID-19, likely because of shortages in testing supplies.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/03/envoy-says-us-allies-preparing-n-korean-nuclear-test/ | 2022-06-03T05:38:08Z |
The most globally trusted brand in e-vehicles will debut new innovative products at the 2022 Electrify Expo events, the largest e-mobility festival in North America
LOS ANGELES, May 16, 2022 /PRNewswire/ -- NIU Technologies (NASDAQ: NIU), the world-leader in two-wheeled electric vehicles that is redefining smarter urban transportation will be a main exhibitor at the Electrify Expo events, North America's largest electric vehicle festival. The company will be showcasing some of their most innovative products, as well as debut their new BQi E-Bike launching this summer. Visitors to their booth will be able to learn about the company, their offerings and test drive all their smart electric scooters, motorcycles and e-bikes that are powered by innovative design and technology.
"At NIU, our goal is to provide urban commuters with environmentally friendly solutions, revolutionize the way they travel, making life better for all," said Joseph Constanty, Director of International Strategy and Corporate Development. "We are so excited to share our innovative electric vehicles at the Electrify Expo events and prove why we are the world's leading urban mobility brand through our design and technology. We also look forward to presenting how and why commuters in urban cities can and should transition to more sustainable electric mobility solutions."
At the 2022 Electrify Expo events, NIU will not only be debuting their BQi E-Bike, but they will be showcasing some of their highest performing, best-selling products, including:
- NIU KQi2 Pro Electric Kick Scooter ($599) - A lightweight, portable and easy to maneuver kick scooter with a clean minimalistic design that includes swappable grip tape and Bluetooth capabilities. With great speed, range and portability, the KQi2 Pro is ideal for the last mile commute and other short distance journeys. The 300W motor with rear-wheel drive delivers a strong throttle when accelerating safely through traffic and uphill.
- NIU KQi3 Pro Electric Kick Scooter ($799) - A serious commuting solution for working professionals and power commuters who need fast and reliable transportation with speeds of up to 20mph. With an extra wide deck, handlebars and tires to ride long distances of up to 31-miles in comfort. The rear wheel drive provides great city performance, while dual-drive brakes deliver strong braking power in both dry and wet conditions.
- NIU MQi GT EVO Moped (Prices vary based on location) - Outperforming competitor 125cc vehicles, whether gas or electric, the MQi GT EVO is the best in its class. The 5000W motor powers the EO to speeds of up to 65mph and delivers excellent acceleration. Equipped with a customizable LED dashboard, three easy-to-switch riding modes and superior lights will ensure an effortless commute.
Since the start of the pandemic, there has been an incredible increase in electric vehicle demand world-wide. Just last year, NIU sold more than one million vehicles worldwide and is transforming urban mobility in more than 50 countries. With more than two million riders globally, NIU scooters have amassed more than seven billion miles helping to reduce carbon emissions and urban congestion in cities like Paris, Rome, Rio, Los Angeles and New York.
NIU has more than 1,300 retail partners around the world with hundreds of premium and flagship stores. In the United States, NIU is proud to work directly with local entrepreneurs to own and run the flagship stores. These experts are passionate about helping their city transition to sustainable electric mobility solutions and they understand the unique needs and trends of their local market.
For additional information about NIU, visit NIU.com. For festival details and to purchase tickets, visit ElectrifyExpo.com.
About NIU Technologies
As the world's leader in two-wheeled electric vehicles, NIU is on a mission to redefine urban mobility and make life better. Available in more than 50 countries, NIU has sold over 2,000,000 electric vehicles world-wide since launching their first e-moped in 2015. Designing and manufacturing high-performance electric motorcycles, e-mopeds, e-bikes and kick scooters, as of May 2022, NIU's loyal users and fans have ridden over 7 billion miles around the world. For more company information please visit www.niu.com.
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SOURCE NIU Technologies | https://www.mysuncoast.com/prnewswire/2022/05/16/niu-world-leader-urban-micro-mobility-electric-vehicles-will-be-main-exhibitor-electrify-expo-events/ | 2022-05-16T12:50:32Z |
Thought leadership in partnership with iAccess Life will be on display at the largest industry event of the year
CHARLOTTE, N.C., July 20, 2022 /PRNewswire/ -- Mobility software and payments company Passport will showcase its mobility management platform in booth #827 at the International Parking and Mobility Institute's (IPMI) Conference & Expo July 24-27, 2022 at the Ernest Morial Convention Center in New Orleans, La.. Passport will present three times in conference sessions, and is excited to host Brandon Winfield from iAccess Life for in-booth sessions on July 25 and 26. The company will showcase its complete parking solution through one centralized platform, which brings together all parking and mobility data and provides cities with a holistic view of their entire operation.
In addition to Passport's presence on the showfloor, the company is featured during conference sessions, including, "The Jetsons - The Parking Payment Systems of the Future" and "Customer Success: Voice of the Customer." Passport will also moderate a shoptalk session, "Managing the Dynamic Curb." Special guest, Brandon Winfield of iAccess Life, will discuss equitable parking solutions for the mobility impaired and how the partnership with Passport is bringing attention to this underserved community.
"Hundreds of cities across North America are experiencing the power of Passport's platform and are unlocking actionable insights for smarter decision making," says Doug Rogers, Passport CRO. "We are excited to continue to help cities solve critical problems in their operations, and we look forward to reuniting with clients at one of the industry's largest events of the year."
Passport's platform helps cities manage mobile pay parking, parking enforcement, digital permitting, payment services and more. The Charlotte-based company has helped more than 800 municipalities, universities and private operators streamline processes and use mobility data to increase revenue, decrease costs, easily integrate with other technologies and provide better user experiences.
To attend IPMI's Convention & Expo and be able to see Passport's platform in action, visit the event's website and register online. To learn more about how Passport supports cities' mobility infrastructure, visit the company website.
About Passport
Passport is a mobility software and payments company that builds technology to centrally manage the complexities at the curb. Based in Charlotte, North Carolina, Passport is trusted by more than 800 cities, universities and agencies, including Chicago, Toronto, Los Angeles and Miami. Passport's digital platform helps cities manage parking and mobility infrastructure, creating more livable, equitable communities. One of the fastest-growing companies on the Inc. 5000 and Deloitte Technology Fast 500 lists, Passport was also named to Fast Company's World's Most Innovative Companies for 2020.
Media Contact:
Allison Guthrie
passport@greenbrier.partners
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SOURCE Passport | https://www.wibw.com/prnewswire/2022/07/20/passport-showcase-mobility-management-platform-ipmi/ | 2022-07-20T14:06:19Z |
NEW YORK, July 12, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of IonQ, Inc. (NYSE: IONQ) alleging that the Company violated federal securities laws.
Class Period: March 30, 2021 to May 2, 2022
Lead Plaintiff Deadline: August 1, 2022
No obligation or cost to you.
Learn more about your recoverable losses in IONQ:
https://www.kleinstocklaw.com/pslra-1/ionq-inc-loss-submission-form?id=29695&from=4
IonQ, Inc. NEWS - IONQ NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that IonQ, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) the Company's 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ's quantum the computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ's revenue was derived from improper roundtripping transactions with related parties; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were the materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in IonQ you have until August 1, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased IonQ securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the IONQ lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/ionq-inc-loss-submission-form?id=29695&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/07/12/ionq-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-1-2022-class-action-filed-behalf-ionq-inc-shareholders/ | 2022-07-12T10:32:28Z |
Trial’s opening statements to begin for slaying of 8 family members
PIKE COUNTY, Ohio (WXIX/Gray News) - The first trial in the 2016 execution-style shooting deaths of eight members of the Rhoden family will resume Monday with opening statements after a weeklong delay because of the illness of the special prosecutor, court records show.
The murder trial of George Wagner IV is being held in Pike County Common Pleas Court in Waverly, Ohio, about 99 miles east of downtown Cincinnati. Pike County Common Pleas Court Judge Randy Deering is presiding.
The slayings are considered the state’s biggest and most complex homicide investigation to date, resulting in more than 1,000 tips, hundreds of people interviewed and dozens of search warrants.
Pike County massacre: Complete trial coverage
Wagner IV, 30, is the first member of his family of four who was all charged in the case to go on trial.
He is accused of killing Christopher Rhoden, 40; his older brother, Kenneth Rhoden, 44; his cousin, Gary Rhoden; his former wife, Dana Lynn Rhoden, 37, and their children: Clarence “Frankie” Rhoden, 20, Hanna Mae Rhoden, 19, Christopher Rhoden Jr., 16, and Frankie’s fiancé, Hannah Gilley, 20.
The victims were found fatally shot in the head, some while sleeping, in mobile homes and a camper on April 22, 2016.
Wagner IV was indicted and arrested along with three other members of his family in November 2018 on a total of 22 charges, including eight counts of aggravated murder.
He’s also charged with conspiracy to commit aggravated murder, four counts of aggravated burglary, three counts of tampering with evidence, one count each of forgery, unauthorized use of property, interception of wire, oral or electronic communications, obstructing justice, and engaging in a pattern of corrupt activity.
The trial began late last month with the final selection of jurors, who then toured key locations in the case.
With more than 250 people on the potential witness list, attorneys have told the jury to expect the trial to last anywhere from six to eight weeks.
Depending on how long opening statements take, the prosecution could call their first witnesses on Monday.
Wagner IV has pleaded not guilty, and his lawyers have argued the confessions of his brother and mother last year prove he didn’t shoot and kill anyone.
Special Prosecutor Angela Canepa agreed in a December 2021 hearing that Wagner IV didn’t kill anyone.
In the state of Ohio, however, someone can be sentenced to death for an aggravated murder conviction if they help plan it or cover it up.
The judge denied a motion from Wagner IV’s lawyers during that hearing to dismiss the eight aggravated murder charges.
[Eldest Wagner son didn’t kill anyone in Pike County massacre: court docs]
[Pike County Massacre: Judge allows shoe expert to testify]
Two key witnesses for both the prosecution and defense will be George’s younger brother, Edward “Jake” Wagner, and his mother, Angela Wagner.
Both pleaded guilty last year for their roles.
Jake Wagner, 28, was charged with eight counts of murder and 15 other charges including gun specifications, conspiracy, burglary, possession of dangerous ordnance and tampering with evidence.
He admitted to killing five members of the Rhoden family, shooting a sixth, and spying on the family before the killings, tampering with evidence, and obstructing the yearslong search for the killers.
In exchange, prosecutors say they will drop the possibility of the death penalty for his entire family, and he agreed to serve eight life sentences without parole.
His lawyer said Jake Wagner “knows he’s going to die in prison without any judicial relief.”
He is held at the Franklin County Jail.
Jake was the ex-boyfriend of one of the victims, Hanna Mae Rhoden.
Authorities have said the motive of the slayings stemmed in part over a custody dispute between a young daughter Jake Wagner and Hanna Rhoden had together.
Jake was also charged with unlawful sexual conduct with a minor for having sexual contact with Hanna Mae Rhoden when she was 15 and he was 20 years old.
The couple split up, and a bitter custody dispute ensued over their daughter, with Hanna Mae Rhoden refusing to sign shared custody papers, according to prosecutors.
“They will have to kill me first,” she wrote in a 2015 Facebook message, prosecutors have said.
Jake Wagner also was upset she was seeing another man and became pregnant with that man’s child and was exposing their daughter to people he felt she should not be.
That compelled the Wagner family to plot the killings, buying supplies such as ammunition, magazines, clips and parts to build gun silencers, according to prosecutors.
His mother pleaded to conspiracy to commit aggravated murder, several counts of aggravated burglary, tampering with evidence, and other charges as part of a plea deal.
The remaining eight counts of aggravated murder were dismissed.
The prosecution is recommending the 51-year-old woman serve 30 years in prison with no possibility of the death penalty. She currently is held at the jail in Delaware County.
The other Wagner still facing trial and accused of actually shooting and killing anyone is the family patriarch, George “Billy” Wagner III, 50.
He has pleaded not guilty and remains locked up at the Butler County Jail.
He is charged with eight counts of aggravated murder, four counts of aggravated burglary, three counts of tampering with evidence, two counts of unlawful possession of dangerous ordnance and single counts of conspiracy, forgery, unauthorized use of computer or telecommunications, interception of wire, oral or electronic communication, obstructing justice and engaging in a pattern of corrupt activity.
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/12/trials-opening-statements-begin-slaying-8-family-members/ | 2022-09-12T12:12:10Z |
Fiona the hippo, the Cincinnati Zoo's social media darling, will soon be a big sister -- much to the zoo's surprise.
The zoo announced that Bibi, Fiona's 23-year-old mother, is pregnant.
"Bibi's big bundle of joy is expected to arrive late summer 2022," the zoo wrote on Twitter.
Fiona became an international celebrity after being born six weeks premature in 2017. Whereas typical hippos are born at around 100 pounds, Fiona was just 29 pounds at birth -- a record-breaking low weight for a hippo -- but managed to survive against all odds. The zoo used social media to share the vulnerable newborn's journey, attracting thousands of visitors who traveled to Cincinnati just to visit the baby hippo. Now a healthy adult, Fiona weighs a formidable 1,300 pounds.
Fiona's father, Henry, died in 2017, according to the Cincinnati Zoo. But in 2021, the zoo welcomed 18-year old male hippo Tucker, who quickly became "enamored" with Bibi, according to a press release.
Despite the couple's obvious romance, the pregnancy came as a surprise for zoo staff: Bibi was on birth control, according to the zoo.
"We weren't planning to welcome a baby this soon, but nature found a way and ignored our calendar," Christina Gorsuch, Cincinnati Zoo's director of animal care, said in the release.
"Most forms of contraception, in hippos or humans, is not 100% reliable," Gorsuch said. "The dose that was previously effective for Bibi did not prevent pregnancy this time."
Although the pregnancy was unexpected, zoo staff are still excited to welcome Fiona's younger sibling.
"The hippo team is excited and also nervous," Eric Byrd, manager of Cincinnati Zoo's Africa team, said in the press release.
"As most people know, Bibi's first baby, Fiona, was born six weeks premature and wouldn't have survived without the intervention of her human caregivers," Byrd said. "We are hoping for a full-term pregnancy and will be doing everything we can to support Bibi."
Scientists from the zoo's Center for Conservation and Research of Endangered Wildlife are already closely monitoring the pregnancy and have started Bibi on hormone supplements, the zoo added.
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NEW YORK, May 17, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) alleging that the Company violated federal securities laws.
Class Period: May 7, 2021 to February 25, 2022
Lead Plaintiff Deadline: June 14, 2022
No obligation or cost to you.
Learn more about your recoverable losses in AUPH:
https://www.kleinstocklaw.com/pslra-1/aurinia-pharmaceuticals-inc-loss-submission-form?id=27274&from=4
Aurinia Pharmaceuticals Inc. NEWS - AUPH NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Aurinia Pharmaceuticals Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Aurinia Pharmaceuticals Inc. you have until June 14, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Aurinia Pharmaceuticals Inc. securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the AUPH lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/aurinia-pharmaceuticals-inc-loss-submission-form?id=27274&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
View original content:
SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/05/17/auph-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-14-2022-class-action-filed-behalf-aurinia-pharmaceuticals-inc-shareholders/ | 2022-05-17T10:14:14Z |
New plant-based, limited-ingredient shampoos and conditioners deliver on the brand's mission — providing pets and their parents with the highest quality CBD solutions.
DENVER, Aug. 17, 2022 /PRNewswire/ -- Pet Releaf, the industry's first and leading plant-based pet health brand, is announcing a brand-new line of grooming products ahead of SuperZoo, North America's largest pet retailer event. Formulated by their expert veterinary staff, the new collection includes four plant-powered shampoos and conditioners.
"We are thrilled to enter the grooming category for the first time this year, and give pet parents all-natural, plant-based grooming options for their dogs," said Co-Founder Chelsea Gennings.
The four Skin & Coat Releaf shampoos and conditioners are expertly formulated with all-natural, plant-based ingredients like organic aloe vera extract, organic chamomile, and USDA organic full-spectrum hemp extract with naturally occurring cannabinoids. Pet Releaf's Grooming products are all made in an FDA-registered facility in the U.S.
In an effort to give pet owners a safe, plant-based, limited-ingredient option for their dogs, Skin & Coat Releaf products are hypoallergenic, dye-free, vegan-friendly, Pet PH-balanced, detergent-free, and cruelty-free. Continuing their sustainability efforts, Pet Releaf's new line makes grooming better for pets and the planet.
New products include:
Skin & Coat Releaf Shampoo Itchy & Dry Skin Formula: For dogs that struggle with hot spots, dryness, and scratching, this plant-based shampoo includes ingredients like organic aloe, organic oatmeal, and organic full spectrum hemp extract with CBD to promote healthy, itch-free skin.
Skin & Coat Releaf Shampoo Sensitive Skin Formula: A fragrance-free, plant-based shampoo formulated with organic aloe, organic chamomile, organic calendula, and organic full spectrum hemp extract with CBD, this sensitive formula is designed for dogs of any age sensitive to regular grooming products.
Skin & Coat Releaf 2-in-1 Shampoo and Conditioner: Formulated with organic aloe, kelp, organic oat protein, shea butter, and organic full spectrum hemp extract with CBD, this plant-based shampoo/conditioner is designed for dogs as an easy to use, grooming product.
Skin & Coat Releaf Conditioner Soothing & Silkening Formula: For dogs with coarse or long hair who need a little extra conditioning, this plant-based conditioner includes silk protein, argan oil, and organic full spectrum hemp extract with CBD to give your dog a smooth, silky coat.
To learn more about Pet Releaf, visit petreleaf.com.
About Pet Releaf
Pet Releaf is the original plant-based pet health brand — supporting pets, their parents, and the planet with sustainably made, veterinarian-formulated hemp-based solutions. Since its founding more than a decade ago, the company has led the industry with its commitment to education, transparency, and most of all, effectiveness, and has transformed the lives of more than 4 million pets and their families. Sourced on regenerative farms in Colorado and awarded the NASC quality seal, Pet Releaf's products help reduce discomfort and irritation, support calm behavior and optimal digestion, and promote long-term health and general wellness. Learn more at petreleaf.com.
Media Contact
Miranda Carney
mirandac@petreleaf.com
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SOURCE Pet Releaf | https://www.wibw.com/prnewswire/2022/08/18/pet-releaf-original-plant-based-pet-health-brand-launches-line-cbd-dog-grooming-products/ | 2022-08-18T01:53:21Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of TG Therapeutics, Inc..
Shareholders who purchased shares of TGTX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: January 15, 2020 to May 31, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) clinical trials revealed significant concerns related to the benefit-risk ratio and overall survival data of the Company's therapeutic product candidates, Ublituximab and Umbralisib; (ii) accordingly, it was unlikely that the Company would be able to obtain approval from the U.S. Food and Drug Administration of the Umbralisib marginal zone lymphoma and follicular lymphoma New Drug Application, the Biologics License Application for Ublituximab in combination with Umbralisib, the supplemental New Drug Application for Ublituximab in combination with Umbralisib, or the Ublituximab relapsing forms of multiple sclerosis Biologics License Application in their current forms; (iii) as a result, the Company had significantly overstated Ublituximab and Umbralisib's clinical and/or commercial prospects; and (iv) therefore, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: September 16, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tg-therapeutics-inc-loss-submission-form/?id=30698&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TGTX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 16, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/08/10/shareholder-alert-gross-law-firm-notifies-shareholders-tg-therapeutics-inc-class-action-lawsuit-lead-plaintiff-deadline-september-16-2022-nasdaq-tgtx/ | 2022-08-10T10:58:25Z |
From whipped dalgona coffee to a freddo cappuccino, TikTok is no stranger to coffee trends. The latest of these is the sparkling Americano, which is a refreshing alternative to hot Americanos.
If this new style of coffee is on your radar, you might be wondering what you need to make it. Luckily, it only requires a couple of ingredients and a small amount of equipment.
What is a sparkling Americano?
A regular Americano is espresso mixed with hot water, while a sparkling Americano mixes espresso with sparkling water. This creates a refreshing, carbonated type of iced coffee that’s perfect for hot days.
What do you need to make a sparkling Americano?
You’ll need a few ingredients and bits of equipment to make this drink. You may already have some of these, but if not, you’ll need to buy them.
- Espresso maker: You need espresso to make this type of coffee, so an espresso maker is essential.
- Ice: Whether you have an ice maker, an ice cube tray or you just buy ice, it’s needed for this coffee recipe.
- Sparkling water: You can buy a bottle of sparkling water or club soda, but if you use sparkling water regularly, it may be worth investing in a soda maker.
- Coffee: A quality shot of espresso is what makes this drink special, so buy whole beans or ground coffee that you love the taste of.
- Extras to add flavor: Any extras you use are optional, but many recipes call for an orange slice, while other variations include vanilla, yuzu and lemon-lavender.
How to make a sparkling Americano
You can make a sparkling Americano in four simple steps, which makes it an obvious choice to whip up on a hot day.
- Grab an average-sized drinking glass, add an orange slice (if using) to the bottom and fill it with ice.
- Fill the glass to around three-quarters full with sparkling water or club soda.
- Grind your beans, if using whole beans, and pull an espresso shot using your espresso machine. If you don’t have one, you can make strong coffee using a moka pot, but your resulting Americano will be weaker than one made using true espresso.
- Pour 2 ounces of espresso into the glass, and stir gently to mix it with the sparkling water. It’s now ready to drink.
Best items for making a sparkling Americano
De’Longhi ECP3420 Bar Pump Espresso and Cappuccino Machine
This is a solid, entry-level espresso machine, though serious coffee aficionados will want an upgrade eventually. Sold by Amazon
Java Planet Colombia Organic Coffee Beans
Not only is this single-origin coffee organic and fairly traded, but it also has a fruity, balanced and low-acidity flavor that works beautifully in sparkling Americanos. Sold by Amazon
SodaStream Fizzi One Touch Sparkling Water Maker
If you discover you love sparkling coffee or you drink a lot of sparkling water anyway, you’ll save money in the long run by buying a Soda Stream. Sold by Amazon
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Lauren Corona 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/everything-you-need-to-make-the-sparkling-americano-that-is-taking-over-tiktok/ | 2022-04-16T01:04:27Z |
CHICAGO, Aug. 16, 2022 /PRNewswire/ -- Barchart, a leading data and technology partner trusted by over 600 agribusinesses representing over 2,000 grain facilities, has announced the return of their Summer Series event in Chicago taking place September 13-14. This annual event, which is geared specifically towards leaders and executives within the Ag industry will highlight the latest technology and tools available to agribusinesses to help them digitize their grain trading workflows.
Attendees of the Summer Series will hear engaging discussions from Barchart executives who will showcase Barchart's award-winning Ag platform. The event will also feature conversations with Barchart partners who will provide their own insights into the changing digital landscape of today's agricultural industry.
"Every year, the Ag industry continues to evolve into a more digitally focused environment, so we're proud to host this annual event that brings the community together in Chicago to connect and share ideas around the landscape of commodity trading and agriculture," says Barchart CEO Mark Harburda. "Our mission continues to be focused on helping our agribusiness clients digitize their workflows in the most efficient way possible, so this event allows us to connect with our customers and partners to engage on the latest solutions that are available from Barchart."
The two day event features an opening night networking reception at the Columbia Yacht Club, followed by a full day of content with panels, deep-dive presentations and networking opportunities being held at The Old Post Office. The event will conclude with networking and a Chicago White Sox baseball game.
Barchart's Chicago Summer Series event will take place September 13-14, 2022. To register or to learn more, please visit the registration page. To learn more about our solutions or to join our network of agribusiness clients and service providers, please visit our website.
Barchart is a leading provider of market data and services to the global financial, media, and commodity industries. Our diversified client base trusts Barchart's innovative Solutions across data, software, and technology to power their operation from front to back office, while our Media brands enable financial and commodity professionals to make decisions through web content, news, and publications. For more information, please visit www.barchart.com/solutions.
Colleen Sheeren
Barchart
Head of Marketing
colleen.sheeren@barchart.com
312.283.2375
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SOURCE Barchart | https://www.mysuncoast.com/prnewswire/2022/08/16/barcharts-ag-summer-series-is-set-september-13-14-2022-chicago/ | 2022-08-16T19:31:43Z |
DENVER, July 13, 2022 /PRNewswire/ -- After his 30+ year career as an ERISA attorney (Employee Retirement Income Security Act) in private practice, Bruce Ashton has joined the Alta Trust Company team as General Counsel. Prior to this position, Bruce provided legal services for Alta Trust for over a decade which forged a strong, trusting professional relationship.
Bruce is an ERISA expert with an extensive background in retirement income and collective investment trusts (CITs), making him an ideal candidate to serve as Alta Trust's General Counsel. As a CIT sponsor, one of Alta Trust's main pillars of business is CIT formation and administration. Alta Trust's established platform only serves to be enhanced by Bruce's knowledge.
"We have the utmost trust in Bruce's judgment. As a nationally recognized ERISA attorney, he's masterful in his practice and is an important player in the industry. We're thrilled to benefit from his expertise on an in-house basis," said Adam Ponder, CEO of Alta Trust Company
Joining a team of professionals Bruce knows and trusts is what led him to this role. "Alta Trust has always wanted to do the right thing for their clients, as opposed to what makes them the most money, which is consistent with my views," said Bruce. "I am excited to work alongside colleagues who do high-quality, ethical work."
Connect with Bruce on LinkedIn or read his full bio to learn more about his professional background and his soon-to-come experience with Alta Trust.
Alta Trust Company is a South Dakota chartered trust company with over a decade of success in the industry. They provide innovative, turn-key solutions for establishing private funds. The company also offers collective investment trusts (CITs) and personal trust services.
Learn more at TrustAlta.com.
ekrage@trustalta.com
720-625-3166
trustalta.com/consultation
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SOURCE Alta Trust | https://www.wibw.com/prnewswire/2022/07/13/bruce-ashton-nationally-acclaimed-erisa-attorney-joins-alta-trust-company/ | 2022-07-13T17:06:18Z |
- Helps fulfil real estate and lease accounting management needs through a unified platform
- Provides tools to help create a sustainable and net-zero future for buildings
- Supports organizations in developing operating efficiency, increased customer value and business innovation
LONDON, July 20, 2022 /PRNewswire/ -- The EY organization today announces an alliance with Planon, a market leading smart sustainable building management solution provider, and EY Advisory Netherlands LLP (EY Netherlands), to help businesses optimize their real estate and workplace strategies in achieving growth, long-term value and sustainability. The alliance has been activated in the Netherlands and the US with additional global expansion planned over time.
As corporate offices play an enormous role in reaching a net-zero future, real estate managers are under increasing pressure to be transparent about the energy and sustainability performance of their building portfolios and to identify areas for improvement. The EY-Planon Alliance brings clients options for a seamless experience to fulfil their real estate and digital workplace needs with a focus on innovative technology and efficacy in implementation.
This alliance supports client efforts to navigate the increasingly complex digital workplace, smart building and workplace experience arena with actionable and meaningful insights from the EY organization, combined with Planon's integrated workplace management solution (IWMS) and internet of things (IoT) platform. As leaders in the real estate consulting and technology marketplace, EY teams bring deep knowledge of real estate, workplace and facilities, and extensive experience in lease accounting and software implementation across a global footprint.
Through the alliance offerings, clients will also be supported to meet compliance with lease accounting standards and create greater efficiency in portfolio management and process quality, which measurably helps reduce costs and contributes to the organization's overall performance.
Bernd Kramer, EY Global Planon Alliance Leader, says:
"The EY-Planon Alliance brings together the digital tools, systems and implementation experience of EY teams and Planon to support organizations seeking a comprehensive solution depot to reshape their real estate and facilities digitally. The alliance helps reduce the complexity arising from independent siloed systems through unified integrated platforms, helping organizations make better decisions, and act quickly and sustainably to develop a future-ready workplace."
Pierre Guelen, Founder and CEO of Planon, says:
"Planon is thrilled to collaborate with the EY organization to leverage their experience in real estate and business consulting, their in-depth knowledge of the IWMS landscape and their thought leadership to help our clients achieve a healthy, efficient and sustainable workplace. As global leaders in our respective fields, the EY organization and Planon make a powerful team that will continue to help drive adoption of leading technologies for real estate and facility management, and add value for clients."
For more information, visit ey.com/alliances.
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
This news release reflects information from the date of initial publication, and is not further updated.
Planon is the leading global provider of Smart Sustainable Building Management software that connects buildings, people and processes. By eliminating data silos and aligning solutions into one shared information platform, Planon provides all building stakeholders with actionable and meaningful insights. Independent market research and consulting firms have consistently rated Planon as a global leader in the market. Planon has implemented its comprehensive solutions for more than 2,500 clients, supported by offices and partners around the world.
Jennifer Noel
EY Global Media Relations
+1 215 290 3445
jennifer.noel@ey.com
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SOURCE EY | https://www.kxii.com/prnewswire/2022/07/20/ey-announces-alliance-with-planon-help-businesses-optimize-real-estate-digital-workplace-lease-accounting-programs/ | 2022-07-21T00:40:10Z |
DALLAS, April 21, 2022 /PRNewswire/ -- Briggs Freeman Sotheby's International Realty announces that its specialized Ranch and Land Division was No. 1 in ranch sales in North Texas in 2021, with a full 32 percent of the market, the latter according to land.com. In the entire state of Texas, the group was No. 3 for the year, at a total sales volume of $371 million. "That volume is on par with ranch brokerages twice the size," says Briggs Freeman Sotheby's International Realty CEO Robbie Briggs.
Ranch sales in Texas have nearly doubled between the second quarter of 2021 and the previous year, according to the Texas Real Estate Research Center at Texas A&M University. During that same quarter, there were more than 9,000 land sales in the state, according to the San Antonio Report. That's a healthy increase of 13 percent compared to the same period in 2020. "Statewide, prices ballooned," says the Report, with the price-per-acre increasing almost 18 percent in the last year.
The Ranch and Land Division at Briggs Freeman Sotheby's International Realty is a world-class group of both teams and individuals who specialize in land, farm, recreation and rural properties. They sell in Texas, Colorado, Wyoming, Arkansas, Oklahoma, Arizona, New Mexico, Mexico and the rest of the world. Because these specialized agents are a part of Briggs Freeman Sotheby's International Realty, they are also part of the $204 billion Sotheby's International Realty network of 25,000 agents in 1,000 offices in 79 countries and territories. The relationships that the Ranch and Land agents build and nurture across Texas and across the world are what separate them from the rest — and keep their businesses exceptionally strong.
A standout sale in a very busy 2021 was Rocosa Ridge Ranch in Clifton, Texas, a superb property of almost 6,000 acres in desirable Bosque County. It was listed for $26,350,000 and represented by Tyler Thomas — who is also the brokerage's top-ranking individual for 2021 across all individuals, teams and divisions.
The Ranch and Land Division sold nine properties in 2021 that were listed for more than $10 million each. Significant sales in 2021 included Sulphur River Ranch in Red River County, Texas, represented by Asher Watkins; the Bob Sandlin Ranch in Mount Vernon, Texas, represented by David Burgher and Harlan Ray; and, in 2020, Gearhart Ranch in Fort Davis, Texas, represented by James Sammons III. Most of the brokerage's Ranch and Land Division is based in Dallas, while ranch agents Eric Painter and Will Woods are based in the Briggs Freeman Sotheby's International Realty office in Fort Worth. The entire division's current offerings are always at briggsfreeman.com/ranch.
It has been a strong seller's market for ranches and land: Demand has been greater than supply, fueled in part by the pandemic and the urge to be away from urban areas. Demand for property within 90 minutes of the Dallas/Fort Worth area has especially skyrocketed. And, many buyers continue to seek avenues for alternative investments while sellers continue to capitalize on record appreciation. The desire for alternative investments that pay in ways other than economic returns — family, fun, recreation, fellowship, time outside — has become even more important.
The experts in the Ranch and Land Division at Briggs Freeman Sotheby's International Realty predict that the market will continue to be strong, especially as more people continue to move to Texas. Inventory will continue to be scarce, because the desire for land and for country living is expected to stay strong — and perhaps increase — as buyers look for tangible assets that are also eminently enjoyable.
That's a point of differentiation about the Ranch and Land Division at Briggs Freeman Sotheby's International Realty: These unique agents can demonstrate that ranches are an ideal way to park wealth, hedge against inflation and enjoy long-term price appreciation. They can also educate about possible tax emptions (for example, if clients raise cattle, crops, sheep, goats or even bees on a ranch) and about the potential for oil, gas, minerals and wildlife. But they also deeply understand the magic of the land — the connection that comes from getting out of big cities and suburbs and getting under bigger skies and bigger thoughts. They know the value of havens with views in every direction; havens that are reachable by car or by plane, anytime; havens that can be enjoyed by every generation of a family — including the ones to come — no matter what is happening in the world.
The current offerings represented by the Ranch and Land Division of Briggs Freeman Sotheby's International Realty are always at briggsfreeman.com/ranch.
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SOURCE Briggs Freeman Sotheby's International Realty | https://www.wibw.com/prnewswire/2022/04/21/race-ranches-how-no-1-ranch-division-north-texas-has-helped-shape-red-hot-land-market/ | 2022-04-21T16:02:52Z |
Addition of five bankers accelerates capacity to support mid-size companies in Arizona
PORTLAND, Ore., Sept. 8, 2022 /PRNewswire/ -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), today announced the expansion of its Phoenix-based middle market banking team with the addition of five new members to support its rapid growth in serving mid-size companies across Arizona.
Today's announcement marks the latest development in Umpqua's Western U.S. expansion. Late last year, Umpqua hired long-time Phoenix banking leader Kevin Gillette as market director to build its middle market operation in Arizona. The bank also recently expanded into Colorado as part of its commitment to supporting high-growth companies in communities throughout the Mountain West.
"Phoenix in one of the fasting growing, most dynamic economies in the country right now, and Umpqua is thrilled to be a growing part of the business community here," said Gillette. "Our combination of size, expertise, and personalized approach to supporting our customers has been attractive to mid-size companies in the region, and these five talented additions to our team will enhance our contribution to customer success as we grow our market presence."
Joining Umpqua's growing middle market banking team under Gillette's leadership are the following bankers:
- Dan Slocum, senior vice president and senior relationship manager. Slocum has more than a decade of experience in banking serving as a trusted advisor to mid-sized companies and providing strategic insights around capital deployment, working capital and cash management. He has an MBA from Arizona State University and bachelor's degree in finance from Eastern Michigan University.
- Alain Pelanne, senior vice president and senior relationship manager. Pelanne brings years of banking and health care sector experience with a focus on credit risk and analysis. He has an MBA and bachelor's degree in accounting from the University of Virginia.
- Michael Paduone, senior treasury management consultant, global payment and deposits. With more than two decades of banking experience, Paduone advises middle market health care and education clients on improving financial control, reducing fraud risk reduction, and improving capital management. Paduone has an MBA and bachelor's degree from Pennsylvania Western University. He also holds the designations of ACH Professional and Certified Treasury Professional.
- Jonathan Akongo, senior vice president and client solutions manager, corporate banking. Akongo has more than 25 years of experience in credit and commercial lending, primarily for middle market companies, including loan structuring, syndications, loan workouts and special assets management. He holds a master's degree in public administration from the University of Phoenix and a Bachelor of Commerce degree in marketing from Makerere University in Uganda.
- Ramy Michael, middle market underwriter. Michael specializes in financial statement analysis, credit analysis, and credit risk. He holds a Bachelor of Science degree in finance from Arizona State University.
Umpqua Bank, headquartered in Roseburg, Ore., is a subsidiary of Umpqua Holdings Corporation, and operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, and Washington. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company has been recognized for eight years in a row on FORTUNE magazine's list of the country's "100 Best Companies to Work For," and was recently named by The Portland Business Journal the Most Admired Financial Services Company in Oregon for the 17h consecutive year. In addition to its retail banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to small businesses.
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SOURCE Umpqua Bank | https://www.mysuncoast.com/prnewswire/2022/09/08/umpqua-bank-expands-phoenix-middle-market-team/ | 2022-09-08T18:20:13Z |
CAMBRIDGE, Mass., July 27, 2022 /PRNewswire/ -- QurAlis Corporation, a biotech company developing breakthrough precision medicines for amyotrophic lateral sclerosis (ALS) and other neurodegenerative diseases with genetically validated targets, today announced that Kasper Roet, Ph.D., founder and chief executive officer, will present at the H.C. Wainwright Private Company Showcase on Wednesday, August 3, 2022 at 2:50 PM ET.
The QurAlis corporate presentation can be accessed by visiting the presentations section of the Company's website at www.quralis.com.
About QurAlis Corporation
QurAlis is trailblazing the path to conquering amyotrophic lateral sclerosis (ALS) and other neurodegenerative diseases with genetically validated targets with next-generation precision medicines. QurAlis' proprietary platforms and unique biomarkers enable the design and development of drugs that act directly on disease-causing genetic alterations. Founded by an internationally recognized team of neurodegenerative biologists from Harvard Medical School and Harvard University, QurAlis is advancing a deep pipeline of antisense oligonucleotides and small molecule programs including addressing sub-forms of ALS that account for the majority of ALS patients. For more information, please visit www.quralis.com or follow us on Twitter @QurAlisCo.
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SOURCE QurAlis | https://www.wibw.com/prnewswire/2022/07/27/quralis-present-hc-wainwright-private-company-showcase/ | 2022-07-27T12:37:06Z |
Becomes Principal Member alongside other top Metaverse development pioneers, reinforcing its leading role in standards development and interoperability
LOS ANGELES , July 19, 2022 /PRNewswire/ -- Croquet Corporation, creator of the first open Metaverse operating system (OS) and development platform, today announced it has joined the Metaverse Standards Forum. As a Principal Member, Croquet's participation in the Forum furthers its contribution to the development of best-in-class Metaverse standards and underscores the influence of its technology in enabling interoperability within the Metaverse.
Croquet recently announced the open beta of its Microverse IDE, a development and deployment environment built on Croquet OS that empowers Web and Web3 developers to rapidly deliver interoperable, standards-based Metaverse worlds. Developers and designers can use Microverse IDE to collaboratively build low latency, high performance multi-user Microverse spaces and worlds, which can then be published anywhere. Joining the Forum underscores the role of both the Croquet OS and open source Microverse IDE as the best development and immersive 3D builder solutions available for the Metaverse.
Croquet's role as a principal member of the Metaverse Standards Forum also strengthens the position of its multiplane portals as a critical piece of the Metaverse interoperability puzzle. Available today as a component of Microverse IDE, multiplane portals securely connect independent 3D virtual worlds developed by different parties, even across different domains. These portals deliver decentralized interoperability among various worlds safely, securely and independent of the large technology platforms.
Interoperability is one of the core underlying requirements of an open Metaverse. Based upon open, standards-based technologies, Croquet provides a global solution for developers and companies who desire independence from the proprietary, closed networks.
"Croquet is committed to the development and deployment of the true open Metaverse, free of control and restrictions," said David A. Smith, founder and CTO, Croquet. "Joining the Metaverse Standards Forum reinforces our leadership in the use and development of open standards that will make a fully interoperable, open and scalable Metaverse come to life. As a principal member, we look forward to further contributing to the growing Metaverse community, and to the development of best-in-class Metaverse standards that will continue to ensure interoperability."
Croquet received the Auggie Award as Startup to Watch in 2022 at AWE, the most prestigious conference for AR/VR and the Metaverse. For more information on Croquet and its products, visit link.
Croquet Corporation is on a mission to build an open, democratized Metaverse with Croquet OS, its web standards based operating system for the Metaverse. Based on browser technologies that are cross platform to any device, it delivers virtual worlds on the Metaverse that can be published anywhere and be accessed today by hundreds of millions of Internet and mobile users. Croquet OS makes development of multi-user Metaverse virtual worlds simple for 17M+ JavaScript developers. Croquet received the Auggie Award as Startup to Watch in 2022 at AWE, the most prestigious conference for AR/VR and the Metaverse. The company was formed in 2018 and is funded by SIP Global Partners and a group of experienced technology and financial industry veterans. Visit www.croquet.io.
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SOURCE Croquet | https://www.kxii.com/prnewswire/2022/07/19/croquet-joins-metaverse-standards-forum/ | 2022-07-19T18:13:30Z |
MONTREAL, July 7, 2022 /PRNewswire/ - Dollarama Inc. (TSX: DOL) ("Dollarama" or the "Corporation") announced today that it has amended its existing syndicated credit facilities to convert them to a sustainability-linked loan ("SLL") with available credit of C$1,050 million.
"We are proud to be among the first Canadian retailers to integrate ESG targets to our credit agreement. This marks another important step in our ESG journey, as we pursue our growth strategy and seek to create sustainable value for our stakeholders," said Neil Rossy, President and Chief Executive Officer.
"The conversion to sustainability-linked credit facilities is a concrete example of Dollarama's continued efforts to meaningfully integrate our ESG strategy and commitments into everyday decision-making, including in the active management of our capital structure," said J.P. Towner, Chief Financial Officer.
The SLL is tied to two specific sustainability performance targets ("SPTs") related to the Corporation's overall Environmental, Social and Governance ("ESG") strategy and which are linked to incentive pricing terms, namely: 1) Climate Change and Energy Management: Reduction of Scope 1 and Scope 2 greenhouse gas emissions intensity; and 2) Diversity, Equity and Inclusion: Increase of female gender representation in management positions.
RBC Capital Markets ("RBC") and CIBC acted as Co-Sustainability Structuring Agents.
Concurrently, Dollarama extended the term of each syndicated credit facility and upsized the credit available under all facilities to C$1,050 million, from C$800 million. The term of each facility was extended by one year, with Facility A now maturing on July 5, 2027, Facility B and Facility C maturing on July 5, 2025, and Facility D maturing on July 5, 2023. Under certain circumstances and subject to receipt of additional commitments from existing lenders or other eligible institutions, the Corporation may request increases to committed facilities up to an aggregate amount, together with all then-existing commitments, of C$1,500 million. RBC and CIBC acted as Joint Bookrunners on the extension and upsizing of the credit facilities.
Upsize of U.S. Commercial Paper Program
The Corporation also announced today the upsize of its commercial paper program in the United States (the "US Commercial Paper Program") from US$500 million to US$700 million.
Under the terms of the US Commercial Paper Program initially launched in February 2020, the Corporation may issue, from time to time, on a private placement basis, unsecured commercial paper notes with maturities not in excess of 397 days from the date of issue (the "Notes"). The aggregate principal amount of Notes outstanding at any one time under the US Commercial Paper Program, as amended, will not exceed US$700 million. The Corporation intends to continue to use the proceeds from the issuance of Notes for general corporate purposes.
The Notes are direct unsecured obligations of the Corporation and rank equally with all of its other unsecured and unsubordinated indebtedness. The Notes are unconditionally guaranteed by Dollarama L.P. and Dollarama GP Inc., each a wholly-owned subsidiary of the Corporation. The Corporation's upsized credit facilities will continue to serve as a liquidity backstop for the repayment of the Notes issued under the US Commercial Paper Program.
The Notes have not been and will not be qualified for sale to the public under applicable securities laws in Canada and may not be offered or sold to any resident of Canada.
The Notes offered under the US Commercial Paper Program have not been and will not be registered under the Securities Act of 1933, as amended, or under any state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer to sell or a solicitation of an offer to buy the Notes in the United States or any jurisdiction where it is unlawful to do so.
Forward-Looking Statements
Certain statements in this press release about our current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements, and any other future events or developments constitute forward-looking statements.
Forward-looking statements are based on information currently available to management and on estimates and assumptions made by management in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate and reasonable in the circumstances. However, there can be no assurance that such estimates and assumptions will prove to be correct. Many factors could cause future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the factors discussed in the "Risks and Uncertainties" section of the Corporation's annual management's discussion and analysis for the fiscal year ended January 30, 2022, available on SEDAR at www.sedar.com.
Readers should not place undue reliance on forward-looking statements made herein. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as at July 7, 2022 and the Corporation has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
About Dollarama
Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. Our 1,431 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Select products are also available, by the full case only, through our online store at www.dollarama.com. Our quality merchandise is sold at select fixed price points up to $5.00.
Dollarama also owns a 50.1% interest in Dollarcity, a growing Latin American value retailer. Dollarcity offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points up to US$4.00 (or the equivalent in local currency) in 358 conveniently located stores in El Salvador, Guatemala, Colombia and Peru.
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SOURCE Dollarama Inc. | https://www.kxii.com/prnewswire/2022/07/07/dollarama-converts-sustainability-linked-credit-facilities-upsizes-its-us-commercial-paper-program/ | 2022-07-07T21:30:18Z |
Net sales increase 16.1% year-over-year to $34.1 million; up 34.3% compared to 2020
Delivers 10th straight quarter of year-over-year net sales growth
MORTON GROVE, Ill., Aug. 26, 2022 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today reported financial results for the first quarter ended March 31, 2022.
"I am pleased to announce that the first quarter marked yet another consecutive quarter of growth for Lifeway, highlighted by 16.1% year-over-year net sales growth," commented Julie Smolyansky, Lifeway's President and Chief Executive Officer. "Like others in the industry, we have faced inflationary challenges throughout 2022, but our team has worked tirelessly to respond swiftly to the dynamic operating environment and take decisive action in an effort to preserve our margin. We remain very encouraged by the demand of our drinkable Kefir product, which is the core driver of our results. We were recently awarded another rotation of Lifeway Kefir distribution at a large retailer in the club channel and have expanded our efforts to increase our presence in high visibility away-from-home locations, such as universities, small format convenience stores and healthcare settings. We are crafting strategy to build upon the amazing momentum we have amassed over the past two years and will work to maximize our gains by expanding product assortment with key retailers and reaching new customers with targeted marketing tactics. Consumers remain focused on immunity and gut health, and our probiotic Lifeway Kefir is well-positioned for continued growth as our addressable market expands."
First Quarter 2022 Results
Net sales were $34.1 million for the first quarter ended March 31, 2022, an increase of $4.7 million or 16.1% from the same period in 2021. The net sales increase was primarily driven by higher volumes of our branded drinkable kefir and the impact of price increases implemented during the quarter, and to a lesser extent the favorable impact of our acquisition of GlenOaks Farms during the third quarter of 2021.
Gross profit as a percentage of net sales was 16.4% for the first quarter ended March 31, 2022.
Delayed Reporting of Financial Results
As previously announced, the Company experienced delays in reporting its financial results and filing its 10-K for the year ended December 31, 2021, which was subsequently filed on July 21, 2022. As a result, the reporting of financial results and filing of its 10-Q for the first quarter ended March 31, 2022 was also delayed.
About Lifeway Foods, Inc.
Lifeway Foods, Inc., which has been recognized as one of Forbes' Best Small Companies, is America's leading supplier of the probiotic, fermented beverage known as kefir. In addition to its line of drinkable kefir, the company also produces cheese, probiotic oat milk, and a ProBugs line for kids. Lifeway's tart and tangy fermented dairy products are now sold across the United States, Mexico, Ireland and France. Learn how Lifeway is good for more than just you at lifewayfoods.com.
Forward-Looking Statements
This release (and oral statements made regarding the subjects of this release) contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives. These statements use words, and variations of words, such as "continue," "build," "future," "increase," "drive," "believe," "look," "ahead," "confident," "deliver," "outlook," "expect," and "predict." Other examples of forward looking statements may include, but are not limited to, (i) statements of Company plans and objectives, including the introduction of new products, or estimates or predictions of actions by customers or suppliers, (ii) statements of future economic performance, and (III) statements of assumptions underlying other statements and statements about Lifeway or its business. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from Lifeway's expectations and projections. These risks, uncertainties, and other factors include: price competition; the decisions of customers or consumers; the actions of competitors; changes in the pricing of commodities; the effects of government regulation; possible delays in the introduction of new products; and customer acceptance of products and services. A further list and description of these risks, uncertainties, and other factors can be found in Lifeway's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and the Company's subsequent filings with the SEC. Copies of these filings are available online at https://www.sec.gov, http://lifewaykefir.com/investor-relations/, or on request from Lifeway. Information in this release is as of the dates and time periods indicated herein, and Lifeway does not undertake to update any of the information contained in these materials, except as required by law. Accordingly, YOU SHOULD NOT RELY ON THE ACCURACY OF ANY OF THE STATEMENTS OR OTHER INFORMATION CONTAINED IN ANY ARCHIVED PRESS RELEASE.
Contact:
Lifeway Foods, Inc.
Phone: 847-967-1010
Email: info@lifeway.net
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SOURCE Lifeway Foods, Inc. | https://www.kxii.com/prnewswire/2022/08/26/lifeway-foods-inc-announces-results-first-quarter-ended-march-31-2022/ | 2022-08-26T14:52:22Z |
EAST BRUNSWICK, N.J., July 19, 2022 /PRNewswire/ -- Craft Work Capital Investments, LLC ("Craft Work"), a strategic investor exclusively focused on mechanical, electrical, and other related specialty contracting firms, is pleased to announce the completion of a control investment in Sexson Mechanical Company ("Sexson"), through its Midwestern-focused platform, Mid-Am Building Solutions, LLC. Sexson will remain under its current name and be helmed by Corey Stein as President, who has been with the company for over 10 years.
Headquartered in Greenwood, Indiana, Sexson's roots go back to 1999 when it was founded by John Sexson. Sexson provides a full suite of mechanical and electrical contracting services, including that for heating, ventilation, air conditioning, refrigeration, electrical, and plumbing systems. Its high quality Industrial and Commercial customer base includes the VA Hospital, Indiana Government Center, Capital Improvement Board of Managers of Marion County (CIB), Indiana Airport Authority, Ivy Tech, Indianapolis Public Schools, City of Greenwood, City of Indianapolis, Indiana University-Purdue University, University of Indianapolis, Lucas Oil Stadium, Indianapolis Convention Center, Bankers Life Field House and many more.
"When looking for a partner to invest in Sexson, it was important for me personally to find someone that would respect our culture, our employees and our customers as much as I do and would support the company through continued investment. Craft Work has deep knowledge and experience with mechanical contractors and a track record of success," said John Sexson, adding, "I feel confident they will be a good partner for the company in its next phase."
"Sexson Mechanical is a truly impressive company with a great culture, a talented management team and a dedicated, highly skilled union work force. We are very excited about this investment and look forward to supporting the team," said Jeremy McGuire, President of Craft Work.
"Since 1999, Sexson Mechanical has been dedicated to the highest quality of customer service, delivered with integrity, friendliness, individual pride and company spirit," said Corey Stein, President of Sexson Mechanical. "We know that Craft Work shares these same values and will provide us with an excellent partner in our mission to provide the construction industry, owners, and contractors of Indiana with the services of a reputable, qualified and competent specialty contractor."
Williams Barrett & Wilkowski, LLP advised Sexson Mechanical on the transaction. Barnes & Thornburg LLP advised Craft Work Capital Investments, LLC and Mid-Am Building Solutions, LLC.
About Craft Work Capital Investments, LLC
Craft Work Capital Investments, LLC is a portfolio company of LS Power Equity Partners IV, L.P., focused on making strategic investments in and helping to grow mechanical, electrical and other related specialty contracting firms. Craft Work is led by Jeremy McGuire and David Orinski, who together have more than 40 years of combined strategic, transactional and financing experience. Their industry experience and track record of success provides insight as to what makes these businesses tick and how to create value. For more information on Craft Work Capital, LLC, please visit http://www.craftworkcap.com
About LS Power
LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, in addition to its development of more than 660 miles of high voltage transmission, LS Power has developed, constructed, managed or acquired in total more than 45,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects. LS Power actively invests in distributed energy resource platforms, such as CPower Energy Management, Endurant Energy and EVgo, as well as Waste-to-Renewable Generation and Fuel initiatives. Additionally, LS Power invests in renewables and energy storage through REV Renewables. Across its efforts, LS Power has raised in excess of $48 billion in debt and equity financing to support North American infrastructure. For more information, please visit https://www.lspower.com
About Sexson Mechanical
Tracing its roots back to 1999 and based in Greenwood, Indiana, Sexson Mechanical is a one stop, full service mechanical contractor specializing in both Commercial and Industrial work with capabilities spanning a wide range of services in the Indianapolis and surrounding areas. Sexson provides expertise and quality service in all areas of commercial HVAC, refrigeration, plumbing, mechanical piping, electrical, natural gas services, excavation, design & build, welding & fabrication. For more information, please visit https://sexsonmechanical.com
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SOURCE LS Power | https://www.wibw.com/prnewswire/2022/07/19/craft-work-capital-investments-llc-announces-investment-sexson-mechanical/ | 2022-07-19T18:12:55Z |
PITTSBURGH, Sept. 6, 2022 /PRNewswire/ -- "I'm a nurse and I know it can be impractical to remove and replace a mask after every presumed exposure with germs. I thought there could be a more practical disposable mask option," said an inventor, from Ridgeland, Miss., "so I invented the LAYERED MASK. My design would eliminate the need to change the entire mask."
The invention provides an improved design for a disposable face mask. In doing so, it would protect against airborne germs and it would last longer than standard masks. It would also eliminate the need to remove and replace the entire mask after exposure to germs. The invention features an efficient and cost-effective design that is easy to wear and use so it is ideal for healthcare workers, nurses, the general population, etc. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Jackson sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JTK-138, 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.wibw.com/prnewswire/2022/09/06/inventhelp-inventor-develops-improved-design-disposable-face-masks-jtk-138/ | 2022-09-06T14:33:10Z |
BEIJING, Aug. 10, 2022 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), an emerging growth company engaged in the business of providing software-as-a-services (SAAS) and cloud intelligent systems for micro-businesses, officially singed the strategic partnership agreement with Jiqing Biomedical Technology Co. Ltd (Jiqing) on 8th August. WeTrade will have the exclusive sales right of monkeypox virus test kits in overseas markets, to enhance the global development in personnel, technology, channel and data security for Jiqing.
In recent years, China has been playing the role of "supply chain base" in the global medical equipment market, with a complete industrial production development and significant advantages in medical consumables, vaccines, rehabilitation and other categories.
Until now, China has exported to more than 200 countries and regions around the world. Therefore, overseas business has also become a new potential growth for the development of medical industry enterprises.
However, medical overseas business needs resources and experience. Despite Chinese companies can smash their profit glass ceiling, they also should consider clearly the business strategy, the personnel structure and local economy policies. Therefore, an exceptional medical equipment firm can achieve the standard in domestic and international market. The first and most important step is to find appropriate partners, who fully understand local regulations. The appropriate partners are useful to reduce the cost and increase the efficiency for overseas business.
Jiqing, a medical company that has been at the top of the medical industry in China, has changed its development strategy to the overseas market. In terms of antigen products, differencing from the massive centralized tests in China, antigen products can be used at home in overseas markets. Therefore, the gradual transition of medical professional products into medical consumer products has allowed the entire market volume to increase dramatically.
Jiqing expects to benefit from the advanced technology and international market channels through partnering with WeTrade. It is also a distinguished opportunity for Jiqing to increase its overseas market swiftly with the support of WeTrade's global resources.
As a global-oriented development enterprise, WeTrade has been working on discovering overseas business for domestic companies. WeTrade believes that YCloud intelligent system is able to strengthen users' marketing relationships and precisely reach end consumers by social fission. In the meantime, it would empower Jiqing to keep a profitable condition and reduce sales cost.
In addition, WeTrade can also utilize the multi-dimensional marketing SaaS, to achieve the perfect combination of "consumer, product and location". Thus, the overseas business of Jiqing can realize the evolvement from content-driven to commodity-driven, and the long-term business through two-wheel-drive of public and private domains.
For WeTrade Group, the cooperation with Jiqing is a great opportunity to enter the medical industry, as another breakthrough after micro business, tourism, hospitality, short video live stream, aesthetic medicine and traditional retail. This attempt will help the company to accumulate project experience and increase the brand awareness.
WeTrade is expected to help more domestic companies achieve the development of overseas business and empower these enterprises to accomplish a whole new growth.
About WeTrade Group Inc.
WeTrade Group Inc. is a technical service provider of SAAS and Cloud Intelligent System for micro-businesses, and a pioneering internationalized system in the global micro-business cloud intelligence field and the leader, innovator and promoter of the world's cloud intelligent system for micro-businesses. WeTrade Group independently developed the cloud intelligent system for micro-businesses (Abbreviation: YCloud). YCloud strengthens users' marketing relationship and CPS commission profit management through leading technology and big data analysis. It also helps increase the payment scenario to increase customers' revenue by multi-channel data statistics, AI fission and management as well as improved supply chain system. As of today, YCloud's business has successfully landed in mainland China and Hong Kong, covering the micro business industry, tourism industry, hospitality industry, livestreaming and short video industry, aesthetic medical industry and traditional retail industry. For more information, please visit https://ir.wetg.group.
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SOURCE WeTrade Group INC | https://www.kxii.com/prnewswire/2022/08/10/wetrade-group-entered-into-strategic-partnership-with-jiqing-acquiring-monkeypox-test-kits-exclusive-sales-channel/ | 2022-08-10T13:29:36Z |
Dinenno’s 2 goals give Pumas 2-1 advantage on Cruz Azul
MEXICO CITY, Mexico (AP) — Juan Dinenno scored twice before the half and Pumas UNAM defeated Cruz Azul 2-1 Tuesday night in the opening leg of their CONCACAF Champions League semifinal. The two teams meet for the second leg next Tuesday at Azteca Stadium. The winner faces the victor of the two-legged semifinal between NYCFC and the Seattle Sounders. Dinenno scored in a scramble in front of the net in 37th minute, then added a header in first-half stoppage time. Christian Tabo scored for Cruz Azul in the 83rd. | https://localnews8.com/sports/ap-national-sports/2022/04/05/dinennos-2-goals-give-pumas-2-1-advantage-on-cruz-azul/ | 2022-04-06T05:47:09Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Today, PingPong Payments, specialists in cross-border payment, partner with DTL Sourcing, a leading Chinese sourcing company, to provide businesses across the world with a trustworthy channel into China for all their sourcing requirements.
The partnership will leverage DTL's network of over 500 trusted Chinese manufacturers and PingPong's extensive buyer base of over 1Million customers, to utilize PingPong's supplier pay function as a solution for buyers and sellers to send and receive funds locally. This partnership seeks to connect manufacturers and merchants around the world, building trusted business relationships and improving global trade ties.
China's record breaking export strength has further accelerated this year, as exports grew 16.3 percent year-on-year, to $544.7 billion in the first two months of 2022. Analysts predict this year to be decisive for online businesses, and as increasing numbers of buyers look to China for product sourcing, PingPong's supplier pay function seeks to support vendors and manufacturers by executing real-time payment to over 170 countries.
Managing Director of PingPong Payments, Kenny Tsang, comments: "By boosting lucrative access to sellers in China, this partnership allows our vast buyer base to diversify their supply chain with better capital controls through instant localized payments. Helping reduce cost of goods resulting from inflation, FX costs passed down from suppliers and currency fluctuations."
Kenny continues: "The move will support Chinese manufacturers in receiving funds in real time and in their local currency, providing a secure and real-time payments infrastructure which is essential to supply chain efficiency and business prosperity. Additionally, expanding opportunities for North American buyers to build better relationships with suppliers and faster time of production when it comes to purchasing their products abroad."
Founder and Director of DTL Sourcing, Flavien Serra, remarks on the partnership: "Our association with PingPong Payments brings market leading payments solutions to hundreds of Chinese sellers looking to expand their operations internationally. Since 2008, DTL has made our clients a priority, and with this partnership, our Chinese suppliers can produce and export quality products to PingPong's buyers."
About PingPong Payments
PingPong Payments was founded in 2015 with the mission of helping global e-commerce sellers keep more of their profits, by beating the rates traditional banks offer. The company acts as a multi-dimensional growth partner to more than (1 million online sellers) worldwide: it has processed more than $90 billion in cross-border payments for e-commerce merchants to date, and transfers more than $150 million a day on behalf of international e-commerce sellers. Global merchants around the world trust PingPong Payments to help them save on cross-border payments, VAT and supplier payments, and more. PingPong works with reputable brands such as Citibank, J.P. Morgan and Wells Fargo that have won licenses to operate efficiently and are being subject to strong regulatory and supervisory frameworks across the U.S., Europe and Asia.
About DTL Sourcing
DTL Sourcing leverages a deep network of over 500 trusted manufacturers across the world with a trustworthy channel into China for their sourcing needs since 2008. DTL Sourcing has partnered with companies from Europe, America and the Asia-Pacific to help them access the vast products being produced in China.
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SOURCE PingPong Payments | https://www.wibw.com/prnewswire/2022/04/11/dtl-sourcing-fintech-unicorn-pingpong-payments-partner-build-trusted-seller-supplier-relationships-worldwide/ | 2022-04-11T12:25:33Z |
Clinical Defender 8.1 enhancements enable HTM teams to eliminate device visibility blind spots and prioritize and address clinical vulnerabilities based on business and clinical risks.
SANTA CLARA, Calif., Aug. 31, 2022 /PRNewswire/ -- Ordr, the leader in connected device security, today announced Ordr Clinical Defender 8.1, providing Healthcare Technology Management (HTM) teams a full-lifecycle vulnerability management platform to more efficiently prioritize and address risks for their connected medical devices.
Clinical engineering teams are tasked with managing thousands of medical devices, many of them critical to patient care and safety. The volume of devices is increasing every day, with equipment from hundreds of manufacturers, running an enormous volume of operating systems. As hospitals merge (or are acquired), the diversity of devices can multiply overnight. The attack surface also continues to expand – while device visibility decreases – as healthcare providers open remote clinics and support telemedicine environments.
Securing the environment of care directly depends on the operational efficiency of the HTM team. With the 8.1 release, Ordr Clinical Defender optimizes the process of managing medical devices and their vulnerabilities. HTM teams benefit from visibility into devices everywhere, with insights optimized based on their function, location, skills, and experience. Critical vulnerabilities are prioritized based on business risks, and simplified workflows assign the right tasks to the right teams. As a result, no time is wasted, and no vulnerabilities go undetected or unaddressed.
"Simply put, HTM teams require more efficient ways to monitor devices and vulnerabilities in an ever-expanding healthcare environment," said Pandian Gnanaprakasam, Ordr Chief Product Officer and Co-Founder. "Ordr Clinical Defender allows each user to focus on the specific devices they're responsible for, from a single screen, and helps them understand, prioritize and manage vulnerability workflows based on full business context. This will ultimately improve efficiencies and enhance patient safety."
The Clinical Defender 8.1 release also adds the Ordr Software Inventory Collector, and integration with Crowdstrike and Crowdstrike Humio to ensure HTM teams have comprehensive device and operating system visibility at their fingertips. Healthcare organizations no longer have to struggle with discovering offline devices, those in remote clinics and locations, and behind VPN connections, making it easy to properly patch software and protect every device everywhere. Healthcare delivery organizations can now also easily manage diverse devices – from un-agentable devices like MRI systems to medical workstations with agent-based Crowdstrike protections – within the same environment of care.
"The visibility that we now have into our networked devices and their software inventory gives us greater assurance that we are properly maintaining and securing our systems to ensure that we can continue to provide excellent service and patient care," said Stacy Estrada, Information Security Manager, Montage Health.
"Efficiencies in HTM and clinical engineering teams translate to improvements in patient safety," said Boyd Hutchins, Director of Clinical Engineering, Arkansas Children's Hospital. "With the enhancements in Ordr Clinical Defender 8.1, HTM teams will now be able to manage the complete vulnerability lifecycle for all clinical devices. Ordr takes us beyond vulnerability monitoring and remediation to visibility into system utilization, instant access to system configuration, software levels, and location within our system."
Clinical Defender was built on Ordr's foundational asset and risk management features and developed with best practices from the top healthcare delivery organizations in the world. Now with comprehensive visibility into the software "stack" essential to understand vulnerabilities, Ordr makes it easy for HTM teams to work with their security teams to address the shared goal of patient safety.
"Ordr Clinical Defender has been an invaluable tool to help our clinical engineering teams improve the management and security of our IoMT devices," said Dave Yaeger, Biomed Security DBA for ProHealth Care. "The advancements in the latest release support our whole hospital security approach across the healthcare system and will evolve the way our clinical engineering and security teams work together to manage device vulnerabilities and risks."
Ordr Clinical Defender 8.1 delivers the following:
- Risk reduction through Full-Lifecycle Vulnerability Management - Ordr simplifies how healthcare delivery organizations manage the complete vulnerability lifecycle for connected healthcare devices.
○ View all risks on a single vulnerability dashboard - Ordr now provides a single clinical vulnerability dashboard to help view all clinical vulnerabilities, across all vulnerability databases.
○ Prioritize vulnerabilities based on risks - Ordr's Customizable Clinical Risk Score allows HTM teams to plan and prioritize remediation efforts. Risk scores are automatically calculated based on environmental factors and device lifesaving capabilities and are easily customized to align with organizational goals.
○ Optimize mitigation efforts - Leverage simplified workflows to collaborate across teams and manage the entire lifecycle of vulnerabilities. Custom Tags can be used to associate devices with applications, location, priorities, groups, individuals, or other key attributes, to simplify management of vulnerabilities across teams.
○ Collaboration with security teams - Ordr now integrates with Humio, Crowdstrike's scalable log management platform, sharing medical device context to facilitate better collaboration with security teams.
- Operational efficiency by aligning to HTM roles and responsibilities - Ordr enables users to group devices based on real-world business functions, allowing each user to see all devices under their management - and only those devices. Devices may be grouped by device type, across multiple types, by location, cost center, ownership, or any other business logic. This is useful when a mix of devices such as workstations, medical equipment, security cameras and more must be managed and maintained by an individual or group.
- Enhanced security by eliminating device blind spots - Ordr Software Inventory Collector and Ordr's new integration with Crowdstrike eliminate blind spots by gaining granular details of all connected devices everywhere.
○ Simplify how device context is gathered - Ordr Software Inventory Collector simplifies how device context, including vulnerabilities, can be gathered for all managed and unmanaged devices on all leading operating systems, no matter where and how the devices and users connect. This includes devices offline or online, in remote locations, and connected behind VPN or gateways.
○ Comprehensive visibility for all devices, managed and unmanaged - Ordr now integrates with Crowdstrike. The integration provides healthcare delivery organizations with comprehensive visibility across all devices, managed and unmanaged. Insights from devices with Crowdstrike agents are integrated within the Ordr DataLake to enhance device context.
"Ordr tracks IoT, OT, and medical devices where the CrowdStrike agent cannot be installed. By integrating Ordr's dataset with Falcon's in Humio, Crowdstrike's scalable log management platform, this solution provides our customers unprecedented observability and visibility on all devices, agent or agentless, 24x7, online or offline," said Adam Hogan, SE Director, Humio, CrowdStrike.
"Connected devices in healthcare bring unique risks. Ordr Clinical Defender 8.1 demonstrates Ordr's continued focus on innovation, and will allow us to help healthcare providers to more effectively manage clinical vulnerabilities across the full lifecycle and safely deliver connected care," said Carter Groome, CEO, First Health Advisory.
To learn more about Ordr Clinical Defender 8.1 and how it can help your HTM team stay on top of connected device security, visit https://ordr.net/platform/whats-new and www.ordr.net/clinical-defender. Sign up for the Ordr Masterclass on September 15, featuring a deep dive into Ordr Clinical Defender 8.1 features.
Ordr makes it easy to secure every connected device, from traditional IT devices to newer and more vulnerable IoT, IoMT, and OT. Ordr Systems Control Engine uses deep packet inspection and advanced machine learning to discover every device, profile its risk and behavior, map all communications and protect it with automated policies. Organizations worldwide trust Ordr to provide real-time asset inventory, address risk and compliance and accelerate IT initiatives. Ordr is backed by top investors including Battery Ventures, Wing Venture Capital, Ten Eleven Ventures, Northgate Capital, Kaiser Permanente Ventures, and Unusual Ventures.
For more information, visit www.ordr.net and follow Ordr on Twitter and LinkedIn.
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SOURCE Ordr | https://www.wibw.com/prnewswire/2022/08/31/ordr-clinical-defender-81-delivers-full-lifecycle-vulnerability-management-platform-optimized-htm/ | 2022-08-31T13:27:37Z |
NEW YORK (WPIX) – A man made a terrifying leap from elevated subway tracks in Brooklyn onto the roof of a building across the street while running from police.
Officers arrested Kendall Floyd, 25, a short time later on a slew of charges, including assault on a police officer. Floyd allegedly led officers on a chase before his arrest.
It started when police stopped a car near Humboldt Street and Debevoise Street on Wednesday around 4:10 p.m. Floyd allegedly “flung his car door open, striking an officer in the arm and leg,” according to the NYPD. He ran away and was spotted at Broadway and Thornton Street, about three blocks away from where his car was stopped.
Floyd climbed a stanchion pole onto elevated subway tracks on Broadway, police said. A crowd gathered below and shouted at Floyd not to jump.
“Don’t do it, don’t do it, man,” someone on video posted to Twitter can be heard saying. “It’s not worth it.”
Despite the crowd’s pleas, Floyd “jumped a great distance onto the roof of a building,” injuring his leg, police said. Officers ran around a corner where one cop scaled a fence, video shows.
Police took Floyd into custody and he was taken to a hospital for treatment. The officer injured during the initial car stop was also taken to a hospital for treatment.
Floyd was charged with reckless endangerment, official misconduct, false personation, two counts of criminal trespass, disorderly conduct and a seatbelt violation. | https://cw33.com/news/nexstar-media-wire/video-shows-man-jump-from-subway-tracks-to-building-while-running-from-police/ | 2022-07-07T22:07:46Z |
MERRILLVILLE, Ind., May 24, 2022 /PRNewswire/ -- The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of 23.5 cents per share, payable August 19, 2022 to stockholders of record at the close of business on July 29, 2022.
The board also declared today a dividend of $406.25 per share on the Corporation's 6.50% Series B Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, equal to $0.40625 per depositary share, each representing a 1/1000th interest in a share of the Series B Preferred Stock, payable September 15, 2022 to stockholders of record at the close of business on August 24, 2022.
About NiSource
NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.2 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource's approximately 7,500 employees are focused on safely delivering reliable and affordable energy to our customers and communities we serve. NiSource is a member of the Dow Jones Sustainability - North America Index. Additional information about NiSource, its investments in modern infrastructure and systems, its commitments and its local brands can be found at www.nisource.com. Follow us at www.facebook.com/nisource, www.linkedin.com/company/nisource or www.twitter.com/nisourceinc. NI-F
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SOURCE NiSource Inc. | https://www.mysuncoast.com/prnewswire/2022/05/24/nisource-declares-common-preferred-stock-dividends/ | 2022-05-24T21:56:01Z |
Arizona high court tosses push to disqualify GOP lawmakers
PHOENIX (AP) — The Arizona Supreme Court on Monday rejected an effort to disqualify three Republican lawmakers from this year’s ballot because of their alleged roles in planning or attending the rally that led to the unprecedented attack on Congress on Jan. 6, 2021.
The ruling means U.S. Reps. Paul Gosar and Andy Biggs and state Rep. Mark Finchem remain on the primary ballot. Gosar and Biggs are seeking reelection and Finchem is running to try to become Secretary of State, Arizona’s chief election officer.
The lawsuits filed on behalf of a handful of Arizona voters alleged that Gosar, Biggs and Finchem cannot hold office because they participated in an insurrection. The lawsuits cited a section of the 14th Amendment to the U.S. Constitution enacted after the Civil War known as the “disqualification clause.”
The justices ruled that alleged violations of the disqualification clause are not grounds for challenging candidates’ eligibility for office under Arizona law. The decision upholds a ruling by the Maricopa County Superior Court.
None of the lawmakers are accused of participating in the actual attack on Congress that was aimed at halting certification of President Joe Biden’s win over former President Donald Trump.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/09/arizona-high-court-tosses-push-disqualify-gop-lawmakers/ | 2022-05-09T23:21:27Z |
A prosecutor found that six Atlanta police officers -- who were scrutinized over the violent arrest of two college students -- were justified in their actions, according to a news release.
The investigation looked into the night of May 30, 2020, when officers were filmed breaking windows of the students' vehicle, yanking a woman out of the car and tasing a man. The students were identified as Messiah Young and Taniyah Pilgrim, who attended Morehouse and Spelman colleges, which are historically black schools.
The review found that Young and Pilgrim violated curfew that night and were approached by officers, according to the finding released Monday by the Georgia Bureau of Investigation.
"The evidence in this case shows that the involved officers' use of force was the direct result of Mr. Young and Ms. Pilgrim's resistance to and noncompliance with the officers' instructions," the release said.
Attorneys for the students said they were victims of an "unjustified level of violence."
The students said at the time they were on their way home from picking up food when they got caught in traffic downtown. The arrest left Young with a broken wrist, about 20 stitches in his forearm and bruises all over his ribs, he told CNN in 2020.
The incident took place during nationwide protests over the killing of George Floyd.
Four of the six officers were ultimately terminated after the incident and two filed a lawsuit. Some of the charges against the officers included aggravated assault of Young, aggravated assault of Pilgrim, simple battery and criminal damage to property, according to then-Fulton County District Attorney Paul Howard.
The termination of two of the officers was reversed in early 2021. An attorney for them said they look forward to returning to full duty. CNN could not determine the status of the other four officers on Monday.
The results of the review dismiss the arrest affidavits against the officers, the release said.
The Georgia Bureau of Investigation was asked to conduct an independent criminal investigation back in August 2021, the release said. The review was led by Cherokee Judicial Circuit District Attorney Samir Patel.
In reference to the widely circulated video of the incident, the release said it "was not an accurate portrayal of the entire encounter between Mr. Young, Ms. Pilgrim, and law enforcement."
Attorneys for the students said in a statement they were all "incredibly disappointed and disheartened by the decision."
"The world witnessed the outrageous and unjustified level of violence perpetrated against these college students," read the statement from L. Chris Stewart, Justin Miller and Mawuli Davis.
"How can a broken arm and 25 stitches be deemed the appropriate response for an alleged curfew violation? The fact that these students and their families had to wait in anguish and put their lives on hold for two years while this case was kicked around the legal system is equally outrageous," the attorney's statement read.
Vince Champion, Southeast region director for the International Brotherhood of Police Officers, told CNN, "We are glad for our people."
"We always said wait until the investigation is completed," Champion said. "Now that the investigation has been completed, we're happy that the charges were dropped."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/prosecutor-rules-six-atlanta-officers-were-justified-while-arresting-college-students-during-the-2020-protests/article_3d10c94f-01ef-5144-8172-524ec6244912.html | 2022-05-24T01:54:35Z |
WASHINGTON (AP) — The House approved a “red flag” bill Thursday that would allow families, police and others to ask federal courts to order the removal of firearms from people at extreme risk of harming themselves or others.
It’s the Democratic-controlled chamber’s latest response to U.S. mass shootings and likely stands little chance in the Senate.
Nineteen states and the District of Columbia currently have such “red flag” laws. Under the House bill, a judge could issue an order to temporarily remove and store the firearms until a hearing can be held, up to two weeks later, to determine whether the firearms should be returned or kept for a specific period. The bill passed on a mostly party-line vote of 224-202.
“We are painfully aware that we cannot do enough to save every life, and there is no one answer that will solve this problem,” said Rep. Jerrold Nadler, the Democratic chairman of the House Judiciary Committee. “But we do know that taking guns out of the hands of people who pose a danger to themselves, or others, would save countless lives.”
The vote came after an emotional week that saw congressional testimony from victims of recent mass shootings in Uvalde, Texas, and Buffalo, New York, and came ahead of a planned march Saturday in Washington by groups advocating stronger gun controls.
On Wednesday the House passed a wide-ranging gun control bill that would raise the age limit for purchasing a semi-automatic rifle and prohibit the sale of ammunition magazines with a capacity of more than 15 rounds. It too, has virtually no chance in the Senate.
House Republicans criticized the “red flag” bill as giving the federal government the ability to take a law-abiding person’s guns without them having the ability to contest it beforehand.
“It would allows the courts to take guns away from people without notice and without even the right to appear in the hearing to defend themselves in court,” said Rep. Mike Johnson, R-La.
The Congressional Budget Office projects that the bill would lead to roughly 10,000 emergency petitions being filed annually with the courts.
The bill would also create a grant program at the U.S. Department of Justice to encourage states to adopt “red flag” laws and support the 19 states that have already implemented them.
Five Republican lawmakers voted for the bill: Reps. Brian Fitzpatrick of Pennsylvania, Anthony Gonzalez of Ohio, Chris Jacobs of New York, Adam Kinzinger of Illinois and Fred Upton of Michigan. Only Fitzpatrick is seeking reelection. Rep. Jared Golden of Maine was the only Democratic member to vote no.
The lead sponsors of the bill were Democratic Reps. Salud Carbajal of California and Lucy McBath of Georgia, whose son, Jordan Davis, was slain at a Jacksonville, Florida gas station in 2012 by a white man angry over the loud music the Black teenager and his friends had been playing in their car.
President Joe Biden strongly supports the bill. The White House said it would “make significant progress toward keeping guns out of dangerous hands.” However, the legislation is unlikely to advance in the Senate, where at least 10 Republican senators would be needed.
Instead, senators are focusing on incremental policy changes through a system that would send funds and other incentives to states to bolster security at school campuses, provide more mental health services to young people and possibly encourage states to pursue red-flag laws of their own.
Sen. John Cornyn of Texas, who is leading negotiations on the Republican side, said one focus is on enhancing the background check system known as NICS, to include young buyers’ criminal records before they turned 18.
“Adding juvenile records to the NICS system is a common sense way to ensure we have a complete picture of the buyer’s history,” Cornyn said.
He voiced optimism that senators will be able to reach an agreement.
“Around here, if there’s a will, there is a way, and I believe we do have the will and we will find the way,” Cornyn said.
House Speaker Nancy Pelosi, D-Calif., said the House stands ready to consider a gun bill from the Senate “if it’s life-saving and can make a difference.”
But she cautioned: “We cannot have subterfuge. We can’t have them say well, it’s about this and it’s about that. No, it’s about guns.”
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting | https://cw33.com/news/politics/ap-politics/house-approves-red-flag-gun-bill-unlikely-to-pass-senate/ | 2022-06-10T14:24:41Z |
BAKERSFIELD, Calif., May 17, 2022 /PRNewswire/ -- A defamation trial begins May 17 in Kern County Superior Court where scandal-plagued utility giant Pacific Gas & Electric (PG&E) stands accused of making known false statements in a press release to cover up its own negligence after a massive gas explosion and avoidable death of a worker.
At question is a press release PG&E sent out shortly after a 2015 pipeline breach led to a gas line explosion that killed one person, injured two others, and caused other severe damage. The release accused business owner, Jeff Alexander of serious violations, including:
- Being responsible for the November 13, 2015 incident
- Conducting "illegal and unsafe" excavations in Kern County
- Committing repeated violations of state law
- Having a "complete disregard for the law"
- And more
This defamation suit contends that PG&E was not only responsible for the November 13 incident but that the utility knew it was responsible and knowingly published and distributed a press release with false information. According to the complaint, Big N Deep and owner Jeff Alexander began deep plowing only after PG&E cleared the field marked its gas lines (albeit improperly).
According to the complaint, PG&E caused substantial financial damage to Alexander and his business because of the utility broadcasting complete fabrications. He allegedly lost roughly $6 million from the loss of business, the destroyed equipment, and the repair costs of more than $1 million. He also suffered damages for the loss of his reputation in the Kern County agricultural community where his family has farmed since before he was born.
Parris stated he intends to ask the jury for punitive damages of $1.2 billion. Any lesser amount will not punish a company the size of PG&E.
Incident In Question
On November 13, 2015, an employee of Big N Deep was deep plowing in the area when he struck an underground PG&E gas line. This caused an explosion that burned him to death, the flames burned down a nearby home, caused significant burn injuries to the women and a child inside the home, it destroyed the tractor the employee was operating when the explosion threw the caterpillar tens of feet into the air flipping it upside down.
On December 7, 2015, PG&E issued a press release blaming Jeff Alexander (owner of Big N Deep) and allegedly libeling him to reduce PG&E's liability.
Jeff and his company Big N Deep were accused by PG&E of "illegal and unsafe excavations'' in Kern County, according to the complaint. However, PG&E has testified the marks they use are difficult to see when someone is operating a tractor. The small flags they use were placed twice the distance allowed by law and were not intended to be used in rural areas.
PG&E was found to be at fault for a similar incident by the Public Utilities Commission a year earlier. One reason they were found at fault was PG&E must provide a standby (flagman) but it failed to provide one. PG&E also failed to provide a flagman on November 13, 2015.
According to the complaint, allegations made in PG&E's press release were demonstrably false and PG&E knew, or should have known this, even while the release was being written. The press release was prepared by a 34-person crisis management team, which included members of the PG&E board of directors.
Further libeling Jeff and his company, Nick Stavropoulos the president of billion-dollar PG&E, wrote an opinion letter in the Bakersfield Californian pointing fingers at Jeff Alexander, an independent Kern County small businessman.
Patricia Poppe the current CEO for PG&E has been subpoenaed to testify about PG&E's long history of placing profits over safety. She has stated publicly that she was hired to fix this culture.
PG&E History Of Bad Behavior
In 2018, the California Public Utilities Commission reported that PG&E had a long history of negligent behavior, including employees facing pressure from bosses to falsify data "so requests for pipeline locating and marking would not appear as late." This report covered the period of 2012-2017, the exact era this tragedy occurred.1
The case is Jeff Alexander, Big N Deep Agricultural Development v. Pacific Gas & Electric Co, Kern County Superior Court, Case No. BCV-15-101623.
About PARRIS Law Firm
The PARRIS Law Firm is recognized as one of America's top personal injury, employment, and environmental law firms. With a proven track record of fighting for justice on behalf of families and individuals, the firm boasts numerous seven and eight-figure verdicts and settlements. To learn more about the firm, please go to: www.parris.com
Contact
Dante Hickles 661.949.2595
dante@parris.com
1 https://www.latimes.com/business/la-fi-pge-safety-investigation-20181214-story.html
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SOURCE PARRIS Law Firm | https://www.mysuncoast.com/prnewswire/2022/05/17/parris-law-firm-pgampe-defamation-trial-begins-may-17-massive-utility-accused-knowingly-making-false-statements-cover-up-gross-negligence-that-led-worker-death/ | 2022-05-17T22:10:46Z |
Joro spiders are spreading in Georgia, S.C., reports say
(Gray News) - There’s a good chance residents in parts of Georgia and South Carolina are seeing large, yellow spiders in their neighborhoods these days.
Joro spiders are seemingly migrating outside of Georgia and here to stay in the U.S., according to recent university reports.
One of those reports comes from a professor at Clemson University who shared that the spiders are a non-native species first found in northern Georgia in 2014. However, they are now showing up in more places that include regions in South Carolina and counties in Georgia, especially during the summer months.
According to the report, Joro spider eggs hatch in late spring and juvenile spiders can be seen beginning in early May, making webs on practically anything from homes, decks, porches and plants.
The webs and spiders reportedly will get progressively larger until about September, when large adult females are very noticeable due to their bright coloration. Males are much smaller, drab brown in color, and can often be seen in the webs along with the females.
According to the Clemson University report, the spiders can be nearly 3 inches across with their legs spread.
A 2021 report from the University of Georgia says Joro spiders have been found in 23 Georgia counties and South Carolina. They’re venomous, with a bite comparable to a bee sting but are considered more of a nuisance than anything else.
According to the Georgia report, the spiders, originally from East Asia, are vulnerable to insecticides. However, if one is killed, more are likely to move into the area without a known preventative measure to keep them away.
Biologists say they are concerned that the Joro spider could displace native spiders, but they don’t know yet what impact they will have on animal life.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/22/joro-spiders-are-spreading-georgia-sc-reports-say/ | 2022-07-22T22:23:15Z |
WASHINGTON (AP) — President Joe Biden tested positive for COVID-19 for the second straight day, in what appears to be a rare case of “rebound” following treatment with an anti-viral drug.
In a letter noting the positive test, Dr. Kevin O’Connor, the White House physician, said Sunday that the president “continues to feel well” and will keep on working from the executive residence while he isolates.
Biden tested positive on Saturday, requiring him to cancel travel and in-person events as he isolates for at least five days in accordance with Centers for Disease Control and Prevention guidelines.
After initially testing positive on July 21, Biden, 79, was treated with the anti-viral drug Paxlovid. He tested negative for the virus this past Tuesday and Wednesday, clearing him to leave isolation while wearing a mask indoors.
Research suggests that a minority of those prescribed Paxlovid experience a rebound case of the virus. The fact that a rebound rather than a reinfection possibly occurred is a positive sign for Biden’s health once he’s clear of the disease.
“The fact that the president has cleared his illness and doesn’t have symptoms is a good sign and makes it less likely he will develop long COVID,” said Dr. Albert Ho, an infectious disease specialist at Yale University’s school of public health. | https://cw33.com/health/ap-health/doctor-biden-tests-positive-for-covid-for-2nd-day-in-a-row/ | 2022-08-01T16:06:45Z |
Russia’s war in Ukraine
By Jessie Yeung, Brad Lendon, Amy Woodyatt, Sana Noor Haq, Emma Tucker, Angela Dewan, Adrienne Vogt and Joe Ruiz, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
By Jessie Yeung, Brad Lendon, Amy Woodyatt, Sana Noor Haq, Emma Tucker, Angela Dewan, Adrienne Vogt and Joe Ruiz, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
You must be logged in to post a comment. | https://localnews8.com/news/2022/04/23/russias-war-in-ukraine/ | 2022-04-24T01:42:31Z |
CHARLOTTE, N.C., May 16, 2022 /PRNewswire/ -- Allspring Global Investments (Allspring), a leading independent asset manager with more than $541 billion in assets under management*, today announced new senior hires on its legal team.
Chris Rohrbacher joins Allspring as Deputy General Counsel, reporting to Kate McKinley, Chief Legal Officer. Chris leads the teams that provide legal support to Allspring's U.S.-registered and private funds, registered investment advisers and broker-dealer, institutional distribution channels, and fund boards. Chris joins from Nuveen, LLC, where he most recently served as managing associate general counsel and was responsible for leading a team of attorneys and paralegals supporting all aspects of the fund business. Before that, Chris worked as an associate at Skadden, Arps, Slate, Meagher, and Flom LLP.
Heather White joins Allspring as Global Human Resources and Employment Senior Counsel, reporting to Kate McKinley. Heather is responsible for advising on Allspring's legal HR matters, with respect to employment, compensation, and benefits. She joins from TIAA, where she served as associate general counsel responsible for managing employment litigation and advising various lines of business on employment, compliance, and regulatory matters. Prior to that, Heather was a partner at Smith Moore Leatherwood LLP.
These additions to our Legal team organizational structure, in partnership with our Risk, Compliance, and Audit functions all reporting up to our chief legal officer, are designed to help Allspring continue our journey toward building a world-class, independent global asset management firm.
"It is my pleasure to welcome Chris and Heather to our team. Both bring a wealth of legal experience and expertise to Allspring. By providing Allspring with industry-leading legal guidance across our global footprint, we enable Allspring to elevate investing to be worth more with each decision we make," stated Kate McKinley, Chief Legal Officer at Allspring.
To learn more about Allspring and our mission to elevate investing, please visit
www.allspringglobal.com.
About Allspring Global Investments
Allspring Global Investments™ is an independent asset management company with more than $541 billion in assets under management*, offices around the world and investment teams supported by 450 investment professionals. Allspring is committed to thoughtful investing, purposeful planning and inspiring a new era of investing that pursues both financial returns and positive outcomes.
Allspring Global Investments™ is the trade name for the asset management companies of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain private funds of GTCR LLC and Reverence Capital Partners, L.P. These companies include but are not limited to Allspring Global Investments, LLC, and Allspring Funds Management, LLC. Certain products managed by Allspring entities are distributed by Allspring Funds Distributor, LLC (a broker-dealer and Member FINRA/SIPC). Associated with Allspring is Galliard Capital Management, LLC (an investment advisor that is not part of the Allspring trade name/GIPS company).
*As of 31 March 2022, AUM includes $91 billion from Galliard Capital Management, an investment advisor that is not part of the Allspring trade name/GIPS company.
Media contacts:
MELISSA MURPHY
+1-804-396-6440
melissa.murphy@allspring-global.com
BRADLEY STEINER
+1-332-910-7873
bradley.steiner@allspring-global.com
PAR-0522-00624
© 2022 Allspring Global Investments Holdings, LLC. All rights reserved.
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SOURCE Allspring Global Investments | https://www.mysuncoast.com/prnewswire/2022/05/16/allspring-global-investments-expands-legal-team-with-two-new-senior-hires/ | 2022-05-16T12:44:16Z |
Revenge spending may keep the economy chugging along
By Paul R. La Monica, CNN Business
Now that some mask and vaccine mandates are being lifted, consumers seem ready to spend on travel and other leisure experiences. Call it the “revenge spending” phenomenon.
Airline and hotel stocks have been surging this year thanks in part to a spate of long overdue revenge spending, or what some are dubbing the YOLO economy. An ETF of travel companies run by investing firm SonicShares, with the ticker symbol of “TRYP” is up nearly 6% this year while the S&P 500 has fallen 9%.
United and American both reported strong earnings earlier this week. Shares of Marriott, Hilton and Wyndham are near all-time highs. Theme park owner SeaWorld is not far from a record high, too. And shares of cruise line operators Norwegian and Royal Caribbean are both up this year despite the broader market selloff.
These companies are thriving despite the fact that consumer prices are soaring and many Americans have a downbeat view of the economy because of sky-high inflation and rising interest rates.
But Garrett Melson, a portfolio strategist with Natixis Investment Managers, told CNN Business that it’s more important to look at actual spending patterns than consumer confidence figures.
Brushing off inflation and rate hike worries…for now
“When you look at sentiment, it’s in the basement. There is a lot of negativity. Inflation is in the driver’s seat,” he said. “But consumers are still spending thanks to excess savings and pent-up demand.”
Inflation is obviously a concern, Melson added, especially since more investment banks are predicting that Fed rate hikes may eventually lead to a recession. But he thinks consumers, tired of being cautious, are not worrying about a potential downturn just yet.
“People want to get back out and do things they haven’t done for the past two years,” he said. “They will complain about prices but they are still going out to spend.”
And they are apparently spending a bundle with their credit cards.
American Express said in its first-quarter earnings report Friday that travel and entertainment spending was up 121% over a year ago and “essentially reached pre-pandemic levels globally for the first time in March, driven by continued strength in consumer travel.”
What emotion is driving stocks? Check the Fear & Greed Index
AmEx reported particularly strong demand for its Delta-branded cards.
Still, an eventual economic slowdown could hurt consumer stocks…no matter how much people want to go out and do things.
Citi leisure and travel analyst James Hardiman said in a report this week that even though “the leisure space is generally to be avoided in the event of a recession,” some companies are likely to be “substantially more buoyant than others.”
Hardiman added that if a recession is short and shallow, many of these companies could “become compelling early-stage plays, particularly if they show resilient earnings power throughout.”
For example, he has “buy” ratings on boating company Brunswick, whose resilience he said is “underappreciated,” as well as snowmobile and all-terrain vehicle maker Polaris.
Hardiman also thinks that “theme park demand stability should shine during a declining macro environment, and “has “buy” ratings on Six Flags and Cedar Fair, which owns more than a dozen theme parks in the US and Canada.
He may be right about that, but it’s worth remembering that investors tend to bail on hot sectors and stocks once a trend seems played out…even if the fundamentals are still decent. Just look at what’s happened to some of the market’s favorite work-from-home and shelter-in-place stocks lately.
Shares of such pandemic darlings as Zoom, Roku and Teladoc have all plunged from their Covid highs and are now trading lower than they were two years ago, at the start of the pandemic. If the economy slows more rapidly than people expect, travel and leisure stocks could suffer a similar fate.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/22/revenge-spending-may-keep-the-economy-chugging-along-2/ | 2022-04-22T19:00:37Z |
CHICAGO, May 20, 2022 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced its Board of Directors has declared a regular quarterly cash dividend on its common stock of 23 cents per common share. This dividend is payable on June 15, 2022 to shareholders of record on June 3, 2022. Subject to quarterly Board approval, the full year's cash dividend is projected to be 92 cents per share for 2022, compared to 88 cents paid in 2021.
The current annualized rate of 92 cents per share marks the 41st consecutive year that Old Republic has boosted this rate, and 2022 becomes the 81st year of uninterrupted regular cash dividend payments.
About Old Republic
Chicago-based Old Republic International Corporation is one of the nation's 50 largest shareholder-owned insurance businesses. It is a member of the Fortune 500 listing of America's largest companies. The Company is organized as an insurance holding company whose subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages mostly in the general and title insurance fields. Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance business is the third largest in its industry.
For Old Republic's latest news releases and other corporate documents:
Please visit us at www.oldrepublic.com
Alternatively, please write or call: Investor Relations
Old Republic International Corporation
307 North Michigan Avenue, Chicago, IL 60601
(312) 346-8100
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SOURCE Old Republic International Corporation | https://www.mysuncoast.com/prnewswire/2022/05/20/old-republic-declares-second-quarter-cash-dividend-23-cents-per-share/ | 2022-05-20T14:25:25Z |
BEIJING , April 13, 2022 /PRNewswire/ -- In the evening of April 11, 2022 (BJT), Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (Oriental Yuhong, stock code: SZ002271) released the 2021 annual performance report. According to the report, the annual revenue of Oriental Yuhong was RMB31.934 billion in 2021, registering a year-on-year increase of 46.96%. The net profit attributable to the shareholders of parent company was RMB4.205 billion, up 24.07% year-on-year.
In 2021, Oriental Yuhong was confronted with many uncertainties, including fluctuant global pandemic situation, rise in price of upstream raw materials and transformation of downstream real estate industry. In spite of these difficulties, Oriental Yuhong continued to stick to the high-quality and carbon-neutral development path and deepen its services. By continuously developing the photovoltaic and green building materials, expanding the service chain, integrating superior resources, deepening the industrial value chain, and expediting the vocational education, Oriental Yuhong has laid a solid foundation of sustainable development for industry norms, constantly enhanced its comprehensive strength and stably increased the operating revenues. Among them, the revenue from sales of waterproof materials reached RMB25.487 billion, a year-on-year increase of 48.11%.
Meanwhile, the profitability of Oriental Yuhong also improved steadily. In 2021, Oriental Yuhong's basic earnings per share were RMB1.74, up 15.23% year-on-year.
Oriental Yuhong has been committed to accumulating channel and reputation advantages at the business end. It has established 41 production, R&D and logistics bases nationwide, constantly enhanced its production, transportation, sales and supporting engineering services, and promoted the integrated development strategy for the past two years, to steadily improve the market penetration rate. At the same time, it expanded the layout at the customer end. It helped to solve the problems of customers from the aspects of civil building materials, architectural coatings and building repair, to meet their "livable" needs and expand the brand's influence. Oriental Yuhong not only promoted the value chain of the industry, but also truly protected the architecture and wonderful life.
Founded in 1995, Oriental Yuhong, over the past 20 plus years, has been devoted to providing high-quality waterproofing system solutions for tens of thousands of major infrastructures and industrial, civil and commercial buildings. Having grown into a leading service provider in the construction and building materials industry, the company went public in 2008 and its revenue exceeded CNY 21.7 billion in 2020, 30 times that of 2008. In the meantime, some of its products have been awarded the CE Mark of EU, EC1 Mark of Germany, and other marks at home and abroad. It has also won numerous titles including the 17th China Quality Award, National Quality Benchmark (2017) and National Technological Innovation Demonstration Enterprise and been included in the list of Fortune China 500.
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SOURCE Beijing Oriental Yuhong Waterproof Technology Co., Ltd. | https://www.kxii.com/prnewswire/2022/04/13/revenue-oriental-yuhong-increased-by-4696-year-on-year-2021/ | 2022-04-13T09:22:29Z |
WASHINGTON, Sept. 9, 2022 /PRNewswire/ -- Evolent Health, Inc. (NYSE: EVH) ("Evolent"), a health care company that delivers proven clinical and related solutions to payers and providers, today announced that Chief Financial Officer John Johnson and Vice President, Investor Relations Seth Frank will participate in upcoming investor conferences.
A live audio-only webcast and replay for these events will be available on the Investor Relations section of Evolent's website at http://ir.evolenthealth.com/, unless otherwise noted below.
- Messsrs. Johnson and Frank will present at the 2022 Wells Fargo Healthcare Conference at The Encore Boston Harbor, Everett, Mass., on Friday, September 9, 2022, at 10:25 a.m. ET.
- Messsrs. Johnson and Frank will conduct investor meetings only at the Baird 2022 Global Healthcare Conference at the Intercontinental New York Barclay, on Tuesday, September 13, 2022.
- Mr. Frank and management will participate in the BofA Securities 2022 Healthcare Innovation Forum, to be held virtually on Thursday, September 29, 2022. Presentation time and webcast details will be forthcoming on the Evolent Health Investor Relations website when available.
About Evolent Health
Evolent Health delivers proven clinical and administrative solutions that improve whole-person health while making health care simpler and more affordable. Our solutions encompass total cost of care management, specialty care management and administrative simplification. Evolent serves a national base of leading payers and providers, is the first company to receive the National Committee for Quality Assurance's Population Health Program Accreditation and is consistently recognized as a top place to work in health care nationally. Learn more about how Evolent is changing the way health care is delivered by visiting evolenthealth.com.
Contacts:
Seth R. Frank
Vice President, Investor Relations
Evolent Health, Inc.
sfrank@evolenthealth.com
571-895-3919 (W)
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SOURCE Evolent Health | https://www.mysuncoast.com/prnewswire/2022/09/09/evolent-health-participate-upcoming-conferences/ | 2022-09-09T09:25:43Z |
VANCOUVER, BC, July 5, 2022 /PRNewswire/ - Zacatecas Silver Corp. ("Zacatecas Silver" or the "Company", (TSXV: ZAC) (OTC: ZCTSF) (FSE: 7TV) is pleased to announce that it has engaged Palaris Ltd. ("Palaris") to lead a pre-feasibility study ("PFS") of the Esperanza Gold Project in Mexico.
Palaris is an established mining consultancy that provides bespoke services to mineral exploration and mining companies worldwide, including pre-feasibility, feasibility, and optimisation studies, life-of-mine engineering services, project management services and mine finance advisory services. Palaris have completed over 3000 projects in over 40 countries, which encompass most deposit types, mining scenarios and commodities.
Dr Chris Wilson, Chief Operating Officer and a Director of Zacatecas Silver comments, "The appointment of Palaris is a significant step in the overall advancement of the Esperanza Gold Project. A pre-feasibility study is fundamental to decision making and forward planning, and the appointment of Palaris demonstrates our desire to progress the project as quickly and efficiently as possible. Timely completion of a pre-feasibility study is important at Esperanza, as it will define the project's scope, which is a core component of a MIA submission (Manifestación de Impacto Ambiental or EIA)."
Palaris will work closely with the Company's technical staff, independent mineral resource modellers and metallurgists, and the in-country specialist consultancies responsible for the MIA. The initial focus of Palaris will be to:
- Provide an overall scope of the project for input into the MIA.
- Provide oversight to the Company during verification and resampling of the historical RC and diamond drill core database.
- Review of resource model prepared by the independent resource modeller.
- Provide oversight on compositing of bulk samples for further metallurgical test-work.
- Development of an open-pit mining method and life of mine plan.
- Development of a mineral processing and gold-silver recovery flow-path including design of heap leach pads.
- Design of overall project infrastructure and mine layout with an aim of reducing footprint through life of mine.
- Economic analysis to include capital and operating costs scenarios, and market studies and contracts, in order to establish a best-in-class mining operation. This analysis will include a trade-off study designed to assess the optimum scope, value, and execution strategy for the project.
Palaris is a mining consultant and trusted mining advisor with over 20 years of global industry service, with office in Australia, South Africa, the UK and Canada. Palaris provides multi-service consultancy with leading specialists from industry, providing deep technical and financial knowledge to mining companies, banks and funds. Palaris has completed over 3,000 projects and has developed a track record of conducting all levels of technical study required on projects that have led to successful outcomes, project financing and development into full mining operations.
The contents of this news release have been reviewed and approved by Chris Wilson, B.Sc. (Hons), PhD, FAusIMM (CP), FSEG, Chief Operating Officer of Zacatecas Silver. Dr Wilson is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and is responsible for all technical information in this news release.
Zacatecas is a mineral resource company with the gold focused advanced stage Esperanza Gold Project and the silver focused advanced stage Zacatecas Property. The Zacatecas Property is located in Zacatecas State, Mexico, within the highly prospective Fresnillo Silver Belt, which has produced over 6.2 billion ounces of silver. The Company holds 7,826 ha (19,338 acres) of ground that is highly prospective for low and intermediate sulphidation silver-base metal mineralization and potentially low sulphidation gold-dominant mineralization. On December 15, 2021, Zacatecas Silver announced a mineral resource estimate at the Panuco Deposit consisting of 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq (15 million ounces silver and 15 thousand ounces gold) (see Company's news release dated December 15, 2021).
The Zacatecas Property is 25 km south-east of MAG Silver Corp.'s Juanicipio Mine and Fresnillo PLC's Fresnillo Mine. The Zacatecas Property shares common boundaries with Pan American Silver Corp. claims and El Orito which is owned by Endeavour Silver Corp. There are four main high-grade silver target areas within the Zacatecas Property concessions: the Panuco Deposit, Muleros, El Cristo and San Manuel-San Gill. The Zacatecas Property also includes El Oro, El Orito, La Cantera, Monserrat, El Peñón, San Judas and San Juan silver-base metal vein targets, and such targets are relatively unexplored and will be the focus of rapid reconnaissance.
The advanced stage Esperanza Gold Project, comprising 14,337.83 hectares), is located in Morelos State, Mexico. To date, significant core and reverse circulation drilling has occurred at the Esperanza Gold Project resulting in a total of 389 drill holes for 69,716 metres.
Alamos Gold Inc. reported in its most recent annual information form a resource estimate of a measured and indicated resource of 34,352,000 tonnes at 0.98 g/t gold and 8.09 g/t silver for 1,083,366 ounces of gold and 8,936,201 ounces of silver and inferred resource of 718,000 tonnes at 0.80 g/t gold and 15.04 g/t silver for 18,375 ounces of gold and 347,192 ounces of silver. The Company considers this to be an historical resource for the purposes of National Instrument 43-101. Resource blocks were defined using with dimensions of 10 metres (m) by 10 m by five m. The estimation of grades was performed with the ordinary kriging method on capped composites. An added step in the estimation strategy was the utilization of the dynamic anisotropy technique in Vulcan's unfolding options. This added capability allows for a more realistic outcome of the estimated grade's spatial distribution as it follows the folded shape of the deposit. Assumptions used in the resource include the following metal prices: gold price of $1,400 (U.S.) per ounce (oz) and silver price of $22 (U.S.) per oz. The resource assumed the following economic assumptions: recovery of 60.4 per cent at 0.2 g/t to 71.9 per cent at 1.6 g/t for gold, 25 per cent for silver, $2.60-per-tonne mining costs, 64-cents-per-tonne general and administrative costs, $4.20-per-tonne milling costs and a pit slope of 45 degrees. The Company considers the resource relevant due to its identification and modelling of the Esperanza deposit.
The Company has not done sufficient work to classify the resource as a current mineral resource or mineral reserves and the Company is not treating the historical estimate as current mineral resources or mineral reserves. Although the resource estimate is considered reliable, the Company will resample a portion of the drill core for the purpose of carrying out a new resource estimate. Furthermore, additional data verification, including resurveying of select diamond drill holes collars; review of graphic drill core logs, comparison of these logs with remaining half-cut core and a cross check of select geological logs agonist database entries; and a check of original assay certificates against the assays and drill hole database.
On behalf of the Company
Bryan Slusarchuk
Chief Executive Officer and Director
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Zacatecas Silver cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Zacatecas Silver's limited operating history, its proposed exploration and development activities on its properties and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Zacatecas Silver does not undertake to publicly update or revise forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Zacatecas Silver Corp. | https://www.wibw.com/prnewswire/2022/07/05/zacatecas-silver-commences-work-pre-feasibility-study-esperanza-gold-project/ | 2022-07-05T13:13:53Z |
NEW YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Pegasystems Inc. (NASDAQ: PEGA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/pegasystems-inc-loss-submission-form/?id=29049&from=4
This lawsuit is on behalf of all persons and entities that purchased PEGA common stock between May 29, 2020 and May 9, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 18, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Pegasystems Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian, a principal competitor; (2) defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO; (4) the Company's CEO and other officers and employees did not comply with the Company's written Code of Conduct, including its express prohibition on "stealing" confidential information from a competitor and "misrepresenting your identity in hopes of obtaining confidential information"; (5) the Company was "unable to reasonably estimate damages" in the lawsuit filed by Appian as a result of the foregoing misconduct (the "Appian Litigation"); and (6) as a result of the foregoing, defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/06/24/pega-shareholder-alert-jakubowitz-law-reminds-pega-shareholders-lead-plaintiff-deadline-july-18-2022/ | 2022-06-24T10:16:22Z |
VATICAN CITY (AP) — Pope Francis, who has been using a wheelchair because of a bad knee, is going ahead with plans to visit Canada this summer so he can apologize in person for abuse suffered by Indigenous people at the hands of the Catholic church.
The Vatican on Friday announced that Francis will head to Canada on July 24 and visit Edmonton, Quebec and Iqaluit, a small town in that country’s far north. About half the population of Iqaluit is Inuit. The pope leaves Canada on July 29, arriving the next day in Rome.
Last month, Francis made a historic apology for abuses in Canada’s church-run residential schools and expressed “sorrow and shame” for the lack of respect for Indigenous identities, culture and spiritual values.
He said then that he wanted to go to Canada to deliver the apology personally to survivors of misguided Catholic missionary zeal.
Vatican spokesman Matteo Bruni said Francis was “accepting the invitation of the civil and ecclesiastical authorities and the Indigenous communities” in making what the Holy See termed an “apostolic journey.”
The Vatican said details of the Canada trip would be made public in the coming weeks. Edmonton Archbishop Richard Smith said that the pope will visit the site of at least one former residential school.
Francis had received invitations to visit communities across the country but due to logistics could only visit a small number of them, Smith said.
“What’s really directing this is the pope’s limited ability to get around,” Smith said. “The Vatican chose these three sites for various reasons — seeing how we could have a meaningful impact within a very, very limited scope.”
Canadian Prime Minister Justin Trudeau noted that Francis was coming to “formally deliver the Roman Catholic Church’s apology for its role in operating residential schools that caused lasting pain and suffering to Indigenous Peoples in this country.”
“His Holiness’ upcoming visit would not be possible without the bravery and determination of the Survivors, Indigenous leaders, and youth who shared their stories,” the prime minister said in a written statement.
Trudeau said that a formal, in-person apology, would be “an important – and necessary – step for the Roman Catholic Church to continue engaging in dialogue with First Nations, Inuit, and Metis in order to advance meaningful reconciliation for Indigenous Peoples in our country.”
“For far too long, this has been a burden carried by Indigenous Peoples alone. I encourage all Canadians to watch this historic moment and reflect on the impacts of colonialism,” Trudeau said of the upcoming papal visit.
On April 1, while Indigenous representatives were visiting the Vatican for private encounters with Francis, the pontiff voiced “sorrow and shame” for the abuse and lack of respect for Indigenous identities, culture and spiritual values in the residential school system.
The Canada trip is being limited in scope geographically because of the pope’s health problems.
“Given the vast landscape of Canada, the limited time for the visit and considering the health of the 85-year-old pontiff,” only three communities will serve as a base for the trip, the Canadian Conference of Catholic Bishops said in a statement.
“The locations will limit travel for the Holy Father while still allowing an opportunity for both intimate and public encounters, drawing on participation from all regions of the country,″ the statement said.
With the Canada trip, Francis, 85, will be testing his stamina. After weeks of limping badly due to what the Vatican has said is a badly strained knee ligament, Francis began arriving at some public appearances in a wheelchair, although on Sunday he did stand at a window of the Apostolic Palace to greet the pilgrims and tourists in St. Peter’s Square.
On Friday, the pontiff was brought in a wheelchair to a public appearance in a Vatican auditorium which he used to once again decry Russia’s war in Ukraine.
Also welcoming the announcement of the trip were Canadian bishops.
“We are immensely grateful that the Holy Father has accepted our invitation to continue the journey of healing and reconciliation with Indigenous Peoples of this land,” Bishop Raymond Poisson, president of the Canadian bishops’ conference said.
Poisson added: “We pray for the health of the Holy Father as we undertaking the intensive planning for this historic visit.”
Even before the Canadian trip, Francis will face another mobility challenge. In early July, he is scheduled to go to Congo and South Sudan, a trip he hopes will foster reconciliation.
Recently, authorities in Lebanon said a hoped-for June visit by the pope wouldn’t happen.
Edmonton is home to the second-largest number of Indigenous Peoples who live in urban Canadian centers. In a reference to the sad legacy of abuse, the conference noted that “in addition, 25 residential schools were located in Alberta, the most of any province or territory in Canada.”
During the pope’s meetings with Indigenous delegates at the Vatican, Inuit delegates invited him to visit the the northern reaches of Canada.
The bishops said a Quebec City stop would provide a hub for Indigenous peoples of eastern Canada who want to see the pope.
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Tracey Lindeman contributed from Gatineau, Quebec. | https://cw33.com/news/international/ap-international/pope-to-visit-canada-to-apologize-for-indigenous-abuses/ | 2022-05-13T17:40:22Z |
Vynamic® Digital Receipt makes it easy for retailers to offer digital receipts as a sustainable solution
HUDSON, Ohio, May 24, 2022 /PRNewswire/ -- Diebold Nixdorf (NYSE: DBD), a world leader in driving connected commerce for the retail and financial industries, announced the launch of Vynamic® Digital Receipt, a sustainable solution to reduce the amount of thermal paper receipts. Consumers can receive digital receipts via QR code at the point of sale (POS) without the need to register or via their retailer's app, so they have it available whenever necessary. Retailers can easily add accessible promotions and offers to strengthen customer loyalty, while significantly saving costs and reducing their environmental impact.
Every retail transaction requires a receipt: Retailers must issue them to be legally compliant, and customers must present them to return an item or make a warranty claim. Based on this traditional approach of using thermal paper, millions of printed receipts are produced, resulting in retailer's incurring unnecessary expenses as well as adversely impacting the retailer's sustainable footprint. Further, customers often struggle with storing them as thermal paper receipts gradually fade as they are susceptible to heat and UV light.
Now, Diebold Nixdorf supports retailers and customers to digitize this process with Vynamic Digital Receipt, a new solution based on technology from anybill. Diebold Nixdorf has integrated Vynamic Digital Receipt into its POS solution ecosystem of the cloud-native Vynamic® Retail Platform, performing as a sustainable interface to the customer. Thus, customers are not constrained to only printed receipts, retailers have the ability to present a QR code on a customer-facing screen* at the point of sale. Customers can subsequently scan this code without the need to be registered. The digital receipt can then be stored on the customer mobile device without worrying about storing or fading of physical receipts anymore. Additionally, there are numerous environmental benefits such as: a typical supermarket can reduce 1 ton of waste, 50,000 liters of water, 10,000 kWh energy and 1 ton of carbon dioxide per year when all receipts are created digitally**. The retailers themselves benefit from significant savings achievable with digital receipts compared to thermal paper costs, an improved footprint and this offers retailers the ability to add additional content to digital receipts to advertise promotions and recommendations based on the customer's purchase.
Alternatively, digital receipts can be integrated into existing retailer apps and customers can be invited to join a loyalty program. Each time the customer makes a purchase, they scan the customer card that is displayed via consumer app or their digital wallet and benefit from loyalty rewards when linked to their loyalty card.
Ilhami Cantadurucu, vice president Retail Global Accounts, at Diebold Nixdorf said: "Digitizing receipts creates a triple-win situation for retailers, customers and the environment. We always look for ways to simplify retail processes and make them more efficient and sustainable. Supporting our retail customers with a solution for digital receipts that is easy to integrate into their POS system creates strong benefits and offers different ways to engage with shoppers according to their shopping habits."
Diebold Nixdorf will showcase Vynamic Digital Receipt at this year's EuroCIS, taking place May 31 – June 2 in Düsseldorf. Please register here to schedule a demo at Diebold Nixdorf's booth #D25, located in hall 9.
* Compliant with §146 Absatz 2 AO in Germany, Bundesfinanzministerium - Das Kassengesetz für mehr Steuergerechtigkeit: Belegausgabepflicht stärkt Transparenz und hilft gegen Steuerbetrug
** based on 2.500 receipts/day, calculated with https://www.papiernetz.de/informationen/nachhaltigkeitsrechner/
Diebold Nixdorf, Incorporated (NYSE: DBD) is a world leader in enabling connected commerce. They automate, digitize and transform the way people bank and shop. As a partner to the majority of the world's top 100 financial institutions and top 25 global retailers, their integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 22,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.
Twitter: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
DN-R
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SOURCE Diebold Nixdorf, Incorporated | https://www.mysuncoast.com/prnewswire/2022/05/24/diebold-nixdorf-helps-retailers-their-customers-reduce-printed-receipts/ | 2022-05-24T12:47:56Z |
Teen arrested for driving 151 mph and killing 6 in crash, police say
Published: Apr. 8, 2022 at 8:22 AM CDT|Updated: 37 minutes ago
PALM BEACH, Fla. (Gray News) - Police in Florida said a 17-year-old was arrested Wednesday for a deadly crash in January that killed six people.
According to the Palm Beach County Sheriff’s Office, Noah Galle was driving 151 mph when he hit a Nissan Rogue with six people inside Jan. 27. All six people inside the Nissan died.
Investigators found that Galle did not brake when he hit the Nissan.
Galle was arrested Wednesday on six counts of vehicular homicide and had his first court appearance Thursday morning.
Police did not provide further details.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/08/teen-arrested-driving-151-mph-killing-6-crash-police-say/ | 2022-04-08T14:00:20Z |
30th Food Drive Will Help Feed Needy Families in All 50 States
WASHINGTON, April 22, 2022 /PRNewswire/ -- The National Association of Letter Carriers (NALC) will conduct its annual national food drive on Saturday, May 14. NALC's food drive, which was first held in 1983, helps feed millions of Americans.
The Stamp Out Hunger® Food Drive, the country's largest one-day food drive, provides residents with an easy way to donate food to those in need.
Customers simply leave their donation of non-perishable food items next to their mailbox before the delivery of the mail on Saturday, May 14. Letter carriers will collect these food donations on that day as they deliver mail along their postal routes, and distribute them to local food banks, pantries, shelters and churches.
The Letter Carriers' food drive is held annually on the second Saturday in May in 10,000 cities and towns in all 50 states, the District of Columbia, Puerto Rico, the Virgin Islands and Guam. Hunger affects 1 in 8 Americans, including millions of children, senior citizens and veterans.
In the 30 years since it began, the food drive has collected about 1.82 billion pounds of food for struggling residents.
The need is as great as ever, given the pandemic-caused economic dislocations of the past two years. The traditional food drive is returning this year after a two-year hiatus because of the coronavirus pandemic. In 2020 and 2021, it was replaced by NALC's donor drive, in which those wishing to help made online donations to local food pantries.
"Letter carriers are a part of every neighborhood in the nation," NALC President Fredric Rolando said, "and we see the growing need for food assistance in our communities. On Saturday, May 14, NALC invites everyone to participate in the annual Stamp Out Hunger Food Drive. Together, we can help stamp out hunger in America."
The timing is important, with food banks, pantries and shelters running low on donations from the winter holidays and with summer approaching, when most school meal programs are suspended.
On May 14, as they deliver mail, the nation's 200,000 letter carriers will collect the donations that residents have left near their mailboxes. People are encouraged to leave a sturdy bag containing non-perishable foods, such as canned soup, canned vegetables, canned meats and fish, pasta, rice or cereal next to their mailbox before the regular mail delivery on Saturday. The food donations stay in each community, going to help local residents.
Several national partners are assisting NALC in the food drive: the U.S. Postal Service, the United Food and Commercial Workers International Union (UFCW), the National Rural Letter Carriers' Association, Vericast, United Way Worldwide, the AFL-CIO, Valpak, the Kellogg Co. and CVS Health.
This year's effort includes a public service announcement featuring letter carriers and NALC President Rolando: https://youtu.be/dhfHDGkdUsQ.
People who have questions about the drive in their area should ask their letter carrier, contact their local post office, or go to https://www.nalc.org/community-service/food-drive, facebook.com/StampOutHunger or twitter.com/StampOutHunger.
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The 294,000-member National Association of Letter Carriers represents letter carriers across the country employed by the U.S. Postal Service, along with retired letter carriers. Founded by Civil War veterans in 1889, the NALC is among the country's oldest labor unions.
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SOURCE National Association of Letter Carriers | https://www.mysuncoast.com/prnewswire/2022/04/22/letter-carriers-annual-food-drive-set-may-14-throughout-nation/ | 2022-04-23T00:33:59Z |
Michigan State has signed coach Tom Izzo to a new deal valued at $6.2 million per season, giving him about $2 million more each year.
The school announced the deal Thursday, saying that the five-year rollover contract will need to be approved by its board next month.
“Michigan State has been a home to me and my family for 40 years and I’m ecstatic to sign this contract,” said Izzo, who was hired at the school by the late Jud Heathcote as a part-time assistant in 1983.
Izzo, 67, who was inducted into the Basketball Hall of Fame in 2016, won a national championship in 2000 and leads all active coaches with eight Final Four appearances. He led Michigan State to a Big Ten-record 24th straight NCAA Tournament last season. He has won the Big Ten title 10 times in the regular season and six conference tournament championships.
“We have worked hard to maintain championship standards and I’m as energized to coach now as I was when I started as the head coach in 1995,” Izzo said.
Izzo was promoted from assistant to head coach to replacing the retiring Heathcote.
After a slow start, the hard-driving coach turned the program into a national powerhouse by focusing on rebounding, defending and playing top-flight competition each season before Big Ten play.
Izzo, who is from Iron Mountain, Michigan, in the state’s Upper Peninsula, has won more games (666) than any coach at a Big Ten school. He has lost 267 times, averaging fewer than 10 losses per season.
“We greatly appreciate Coach Izzo’s commitment to our outstanding university and his competitive drive to keep Spartan Basketball as a national powerhouse,” school president Samuel Stanley Jr. said.
Izzo has had multiple chances to leave Michigan State for the NBA and to coach at other colleges and turned down each opportunity, including one from the Cleveland Cavaliers in 2010.
“Twelve years ago, Tom Izzo said he would be a Spartan for life, and today’s announcement further demonstrates and renews this commitment,” athletic director Alan Haller said.
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Follow Larry Lage at https://twitter.com/larrylage
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More AP college basketball: https://apnews.com/hub/college-basketball and https://apnews.com/hub/ap-top-25-college-basketball-poll and https://twitter.com/AP_Top25 | https://cw33.com/sports/ap-sports/michigan-state-gives-tom-izzo-new-deal-worth-6-2m-per-year/ | 2022-08-12T03:28:43Z |
Full Circle's third patent recognizes the unique technology that enables marketers to accurately capture, preserve and report campaign attribution data inside their company's CRM system
SAN MATEO, Calif., Aug. 16, 2022 /PRNewswire/ -- Full Circle Insights today announced that the company was awarded its third patent, U.S. Patent 11,341,166, for its attribution software solution inside a CRM system. The patented technology was invented by Full Circle founders Daniel S. Appleman, Roan Bear, Bonnie Crater and Andrea Wildt. It powers features across multiple Full Circle products that enable users to generate insight from campaign attribution data inside their company's CRM system.
"The ability to accurately attribute pipeline and revenue to marketing campaigns is essential for top B2B marketers," said Bonnie Crater, President and CEO of Full Circle Insights. "This technology enables precise attribution inside the CRM, using customer activity data, attribution models and an algorithm to calculate pipeline and revenue impact. Marketers can monitor performance on dashboards and generate reports to defend marketing spend and optimize marketing budgets for greater efficiency."
Full Circle's patented attribution technology plugs into the customer's CRM system and powers attribution capabilities in Full Circle's funnel metrics and in products like Campaign Attribution, Matchmaker and Digital Source Tracker. The technology delivers unprecedented insight via metrics that are displayed on dashboards inside the CRM and can be used to generate marketing reports that are useful in driving greater marketing efficiency. Primary features of the technology include the ability to:
- Use data objects in a CRM instance in conjunction with preset attribution models to measure the impact of marketing campaigns on pipeline and revenue
- Capture, preserve and display customer activity history recorded inside the CRM in response to campaigns, including data that would otherwise be lost
- Support multiple models and calculate attribution as a score or percentage of revenue
- Indicate which campaigns are effective early or later in the sales cycle
The fact that attribution analysis takes place inside the CRM lets marketers leverage reporting and dashboard tools they and their sales colleagues already use. This enables marketers to invest budget dollars more efficiently, and it also allows closer alignment between marketing and sales as potential buyers move through the funnel. Collaboration is critical because buyer behavior has changed in the B2B space, so marketers need to collaborate with sales to influence revenue throughout the funnel.
As noted by Forrester, "To achieve high performance and reduce the cost of sales, all disciplines within the revenue engine (marketing, sales, customer success) must operate as a single, cohesive unit, with each discipline performing its core competencies to engage and close revenue opportunities." - Marketing Operations: Planning Assumptions 2022, September 7, 2021.
The present invention provides a synchronization that normalizes the reporting and sales process across different objects, including Leads, Contacts, Campaigns, and Opportunities, to allow for a unified reporting on sales performance, revenue attribution, and campaign performance.
About Full Circle Insights
Full Circle Insights delivers marketing and sales performance measurement solutions to optimize a company's marketing mix and drive more revenue. The company offers multi-touch attribution, comprehensive funnel metrics, and lead management technology. Built 100% on the Salesforce Platform, Full Circle Insights products complement leading marketing automation solutions. Founded by former Salesforce executives, CRM implementation veterans, and marketing automation specialists, the Full Circle Insights industry pioneers are seasoned in creating marketing measurement foundations to grow revenue.
Salesforce, Salesforce AppExchange, and others are trademarks of salesforce.com, inc. Microsoft, Bing, and others are trademarks of Microsoft Corporation.
MEDIA CONTACT:
Marielle Farmer
Next PR
602-432-5555
fullcircle@nextpr.com
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SOURCE Full Circle Insights, Inc. | https://www.wibw.com/prnewswire/2022/08/16/full-circle-insights-awarded-patent-an-attribution-software-solution-inside-crm-system/ | 2022-08-16T14:45:25Z |
Create, edit, convert, compress and secure PDF documents faster with PDF Agile.
SINGAPORE, June 29, 2022 /PRNewswire/ -- DocuAgile Pte. Ltd. today announced the release of PDF Agile, a full-featured PDF editor and converter with a powerful full-text OCR engine. PDF Agile brings a new way to accelerate PDF workflow. And now its Windows version is available to free download.
"PDF Agile is our new product that can enhance your PDF editing, converting, organizing, translating, and reading experience," said Peter Zhong, the product director of PDF Agile.
"The robust Optical Character Recognition (OCR) integrated engine enhances the PDF editing and converting experience of every PDF editor. In addition, PDF Agile can recognize 22 languages, including but not limited to English, Russian, Simplified and Traditional Chinese, French, German, Spanish, and Japanese."
Significant features that PDF Agile offers:
Edit PDF: Update PDF documents by modifying text, font, font size, line spacing, layout, pages, and columns, and add multimedia.
PDF Converter: Convert PDF from and to Word, Excel, PowerPoint, TXT, JPG, PNG, BMP and DWG without losing its format.
Electronic Signature: Enhance security, and save paper and time with three types of electronic signatures on contracts and other PDF documents.
OCR and Support to 22 Languages: Extract text from any image with the robust full-text Optical Character Recognition (OCR) feature and it can recognize 22 languages.
More Features to assist you in PDF work:
- Compress, merge, split, crop, rearrange pages and rotate PDF documents.
- Add page number, link, background, watermark, and search text to the PDF.
- Highlight, print, bookmark, translate, resize and rearrange the pages.
- Read, comment, annotate and view PDF in full-screen mode.
- Manage PDF security with password protection and delete sensitive information permanently from PDF documents.
Please visit our website pdfagile.com or follow us on YouTube, Facebook, and Twitter for the latest PDF Agile news and updates.
About PDF Agile:
PDF Agile is a new and faster tool for managing PDF documents effectively. It provides online and offline PDF solutions for PDF editing, converting, and organizing issues in all the products and service industry sectors. PDF Agile makes itself an excellent PDF editing and converting software with enhanced security, ease of use, and original layout formatting preservation after converting.
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SOURCE PDF Agile | https://www.kxii.com/prnewswire/2022/06/29/pdf-agile-accelerates-pdf-workflow/ | 2022-06-29T12:23:45Z |
North Texas shooter kills 2, wounds 3 cops, takes own life
HALTOM CITY, Texas (AP) - A gunman killed two people and wounded four others, including three police officers, before taking his own life Saturday evening in the Dallas-Fort Worth area, police said.
Haltom City Police Det. Matt Spillane said early Sunday that all of those wounded in the shooting in a residential neighborhood had non-life threatening injuries and were expected to recover.
Spillane said the officers returned fire after being shot at while responding to a report of gunshots at a home around 6:45 p.m. One officer was hit in both legs, and the other two officers were shot in the arm. The suspect died of an apparent self-inflicted gunshot wound.
He said the Texas Rangers — the state’s elite police force — would be taking over the investigation. A motive for the shooting was not immediately clear.
“The main focus is on how and why this happened,” Spillane told The Associated Press.
A woman was found dead inside a house and a man was found dead outside, Sgt. Rick Alexander told WFAA-TV, speaking at a press conference late Saturday. The older adult woman who had initially called 911 was wounded, he said.
The suspect was found with a “military-style rifle” and a handgun, Alexander said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/03/north-texas-shooter-kills-2-wounds-3-cops-takes-own-life/ | 2022-07-03T09:24:20Z |
PHOENIX, Aug. 17, 2022 /PRNewswire/ -- SinglePoint, Inc. (OTCQB: SING) ("SinglePoint'' or "the Company''), a renewable energy and sustainable solutions provider, today proudly applauds President Joe Biden for signing the Inflation Reduction Act of 2022 into law. This historic act will result in major investments in clean energy, climate change initiatives, and solar incentives, benefiting Solar, Energy Storage, Electric Vehicles (EV), and other clean energy initiatives.
The Bill's allocation of $369 billion provides:
- Incentives for residential and commercial consumers to pursue energy efficient options;
- Tax credits for solar panels;
- EV charging stations; and
- Green energy storage.
Wil Ralston, CEO of SinglePoint, commented, "The Inflation Reduction Act is the largest investment in clean energy in federal history. It is a massive step toward developing clean energy throughout the country. It will help decarbonize our energy production and improve our energy infrastructure. With tax incentives and direct pay opportunities our newly acquired subsidiary, Boston Solar, is well positioned to benefit from consumers looking for solar energy, energy storage and EV options. H.R. 5376 also allocates funding for schools. SinglePoint subsidiary Box Pure Air has a pipeline of opportunities as well as existing clients purchasing other products. We will optimize cross selling opportunities when available. SinglePoint is firmly positioned in Solar Energy and Indoor Air Quality (IAQ)--two verticals that have significant government tailwinds in markets that create higher quality living standards for people throughout the nation."
The bill further extends financial resources for continuing development of renewable energy production capabilities by supporting the development of new manufacturing operations within the United States. The bill also provides funding for schools to pursue environmental action plans around air pollution and air quality. By signing this bill, President Biden has ensured that the production and growth of clean energy and sustainability-focused solutions will benefit Americans on an unprecedented economic scale. Homeowners, businesses, and schools will have financial incentives to pursue efficient structural improvements to their properties and municipalities, with the potential to produce cleaner air, cleaner energy, and a better climate. For all these reasons, SinglePoint, Inc. celebrates this historic achievement for the Administration and the American people.
The Inflation Reduction Act of 2022 underlines the work of SinglePoint, Inc. and its subsidiaries. We continue executing our business plans, which include becoming one of the top solar providers in the United States. With the Company's subsidiaries, SinglePoint continues offering services that enhance and provide consumers and commercial-interests resources to become increasingly energy efficient. The bolstered tax credits and incentives outlined in the Inflation Reduction Act align with the Company's goals, and the legislation may bolster SinglePoint's acquisition-and-partnership strategy. Following a year of record revenue growth and continued opportunities, the Company is ready to meet consumer demand boosted by Biden's climate policies. Encouraged by the actions of the Biden Administration, SinglePoint will be able to seek out additional acquisition-and-partnership opportunities, develop and offer prospects that provide solar power, energy storage, and air purification to residents and communities across the United States.
SinglePoint is a solar energy and sustainable lifestyle Company currently in the solar energy and air purification markets. The Company's goal is to build the largest network of renewable energy solutions and modernize the traditional solar energy and energy storage business model. The Company continues executing its acquisition strategy and is exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and healthier life.
For more information, visit the Company's websites
www.singlepoint.com, www.bostonsolar.us, and www.boxpureair.com.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Investor Contact:
Tra-Digital IR
Investors@SinglePoint.com
(212) 389 - 9782 ext. 107
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SOURCE SinglePoint Inc. | https://www.kxii.com/prnewswire/2022/08/17/historic-bill-positions-america-leader-clean-energy-singlepoint-applauds-biden-administration-signing-into-law-hr-5376-inflation-reduction-act-2022/ | 2022-08-17T12:58:36Z |
OVER 1,300 BOOTS PRODUCED IN ONTARIO FOR DONATIONS
STONEY CREEK, ON, April 22, 2022 /PRNewswire/ - Baffin is proud to launch a new Citizenship Boot Project to provide cold-weather footwear to those in need. Produced with a mix of recycled materials and donated goods, over 1,300 boots were manufactured in Baffin's Stoney Creek, Ontario factory and will be donated to North American organizations.
The Citizenship Boot Project uses regrind material from completed boots that did not meet quality standards and have been placed into a regrind machine to be recycled and used again. The Baffin facility works to repurpose as much rubber as possible to reduce waste. Baffin's regular production boots use 5% - 10% regrind materials, while the boots in this program are comprised of 50% regrind material. To supplement the regrind materials, Baffin's compound suppliers, Felix Compounds and Aurora Plastics donated 1,000 kilos of virgin materials to the program.
The project, which was planned by Baffin's Corporate Citizenship Team, was executed by Baffin employees who donated their time over four days to manufacture and package the boots.
"At Baffin, we understand the importance of having the proper footwear to conquer the cold and are acutely aware that many people living in cold climates do not have the means to properly outfit themselves to be protected by the elements," says Mark Hubner, Senior Vice President, Brand and Strategy. "We are thrilled to be able to use our expertise in footwear technology and the production of recycled materials to provide those in need with the warmth they deserve."
Inspired by Baffin's existing insulated rubber boots HUNTER and LITTLE HUNTER, the boots from the Citizenship Boot Project are available for donation in men's, women's and kids sizing.
The launch of this project is only the beginning. In F/W22 Baffin plans to launch this project commercially, allowing customers to purchase the products to be donated via Baffin, making the Citizenship Boot Project a true Baffin community effort.
Baffin Ltd. is an innovative, leading outwear company based in Stoney Creek, Ontario, Canada with a core focus on technically advanced, innovative footwear and high-performance apparel. Baffin designs, develops, and field tests footwear in the most demanding environments on the planet and is focused on being a global leader in footwear and apparel within the Outdoor, Industrial and Hunt and Fish categories. Baffin Ltd. is a wholly owned subsidiary of Canada Goose Holdings Inc.
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SOURCE Baffin Limited | https://www.wibw.com/prnewswire/2022/04/22/baffin-launches-citizenship-boot-project-recycled-materials/ | 2022-04-22T14:47:55Z |
MacMath earns shutout, Wood scores as RSL defeat Dynamo
SANDY, Utah (AP) — Zac MacMath stopped the four shots he faced while Bobby Wood scored as Real Salt Lake earned a 3-0 victory Saturday over the Houston Dynamo.
RSL (7-3-4) never trailed after Wood made it a 1-0 game in the 29th minute. Maikel Chang got an assist on the goal.
Sergio Cordova and Justen Glad both scored once for RSL.
RSL outshot the Dynamo (5-6-3) 14-11. Both teams had four shots on goal.
MacMath saved all four shots he faced for RSL. Michael Nelson saved one of the four shots he faced for the Dynamo.
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The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
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More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://localnews8.com/sports/ap-national-sports/2022/05/28/macmath-earns-shutout-wood-scores-as-rsl-defeat-dynamo/ | 2022-05-29T04:45:39Z |
Mobile sports betting app debuts Mystery Wheel and opportunity to earn up to $5,000 in free bets
HOLLYWOOD, Fla., Sept. 6, 2022 /PRNewswire/ -- Hard Rock Sportsbook continued its multi-state expansion by launching its mobile app today in Indiana and Tennessee. With properties and passionate fans in both states, Hard Rock Sportsbook plans to engage its players with one-of-a-kind integrated in-person and online experiences rooted in Hard Rock's legendary entertainment. Indiana is home to the Hard Rock Casino Northern Indiana, where a retail Hard Rock Sportsbook location opened in May, while Tennessee has three Hard Rock Cafes (Nashville, Memphis, and Pigeon Forge) and the Bristol Casino located just across the Virginia state line.
"We are excited to offer the legendary Hard Rock experience to our mobile sports betting players throughout Indiana and Tennessee," said Marlon Goldstein, Executive Managing Director & CEO for Hard Rock Digital. "The successful debut of the Mystery Wheel is the latest example of the unique interactive experiences that can only be found at Hard Rock Sportsbook as well as our commitment to building the most entertaining app in the market."
Hard Rock's legendary entertainment serves as the foundation for the company's mobile products, which are focused on making the legendary 'Hard Rock experience' available on the go, anytime, anywhere. In addition to an easy-to-use, frictionless experience, the Hard Rock Sportsbook app offers innovative promotions, fast deposits and withdrawals, and hundreds of games and props to bet each day along with same game parlays and prop parlays. Hard Rock Sportsbook has also introduced in-app streaming and the Mystery Wheel, a new interactive rewards experience where players can earn up to $5,000 in free bets.
The Hard Rock Sportsbook mobile app is available for download through the App Store (iOS users) or the Google PlayStore (Android users) and can be utilized by fans physically located within Arizona, Indiana, Tennessee, and Virginia with plans to expand to additional states soon. Hard Rock Sportsbook also serves fans online in New Jersey and Iowa through the Hard Rock Sports & Casino NJ and the Hard Rock Sportsbook Iowa apps, respectively.
Product screenshots and additional photo/video assets can be downloaded here for Indiana and Tennessee launches.
Hard Rock Digital is the exclusive Hard Rock International and Seminole Gaming vehicle for interactive gaming and sports betting on a global basis. Known the world over for its famous cafes, casinos, hotels, and music memorabilia collection, Hard Rock's legendary hospitality and entertainment serves as our foundation as we build the future of sports betting and internet gaming. Headquartered in Hollywood, Florida, and with offices in Austin, Texas, Hard Rock Digital is dedicated to creating the best place to play for sports fans and mobile gamers everywhere.
Join us by visiting HardRockSportsbook.com and following @HardRockSB on Twitter for the latest betting action. For news, visit HardRockDigital.com or follow @HardRockDigital on Twitter.
Offered by Seminole Hard Rock Digital, LLC. Must be 21+ and physically present in AZ, IN, TN or VA to play. Terms and conditions apply. In IN, if you or someone you know has a gambling problem and wants help, call 1-800-WITH-IT. In AZ call 1-800-NEXT-STEP or text NEXTSTEP to 53342. In VA call 1-800-GAMBLER. In TN call or text Tennessee Redline at 1-800-889-9789. Visit terms & conditions for full odds.
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SOURCE Hard Rock Digital | https://www.wibw.com/prnewswire/2022/09/06/hard-rock-sportsbook-continues-multi-state-rollout-now-live-indiana-tennessee/ | 2022-09-06T19:08:03Z |
ALEXANDRIA, Va., June 30, 2022 /PRNewswire/ -- The Aerospace States Association (ASA) elected Colorado Lt. Governor Dianne Primavera as the new National Chair and Alaska Lt. Governor Kevin Meyer as Vice Chair of the ASA. Lt. Governor Will Ainsworth concluded his term as ASA National Chair.
Lt. Governor Primavera has been working to advance the aerospace ecosystem in Colorado for years, having served this past year as the Vice Chair of the ASA and the co-chair of the Colorado Space Coalition. Under her leadership, Colorado has the largest aerospace economy per capita in the country. Lt. Governor Meyer has also been a longtime advocate of the industry, creating Aerospace Day at the Alaska State Capitol among other initiatives.
"I am honored to accept this role and to help expand the aerospace industry, both in Colorado and throughout the country. Colorado is a proud epicenter of aerospace. As this critical industry continues to grow in our state, bringing good-paying jobs and helping to build an economy for all, I am excited to continue our successful work fostering an innovative and collaborative ecosystem for the aerospace industry that can be a model for the rest of the nation," said Lieutenant Governor Primavera.
"It's an exciting time in our industry, and I'm ready and excited to dig in and help create new impactful partnerships among state governments and the greater aerospace and aviation community," said Lt. Governor Meyer.
For more information about ASA visit Aerostates.org.
The Aerospace States Association (ASA) is a non-partisan 501c (3) organization comprised of Lieutenant Governors, Governor appointed delegates, state legislators, territorial and tribal government representatives and associate members from aerospace organizations and academia working to advance aerospace and aviation in member states and throughout the nation. ASA is the only aerospace advocacy organization promoting State based perspectives in federal aerospace & aviation policy development. Visit www.aerostates.org for more information on the Aerospace States Association.
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SOURCE The Aerospace States Association | https://www.wibw.com/prnewswire/2022/06/30/colorado-lt-governor-dianne-primavera-alaska-lt-governor-kevin-meyer-named-national-chair-vice-chair-aerospace-states-association/ | 2022-06-30T15:32:54Z |
A loophole that vaping companies have used to circumvent regulators and keep their products on shelves closed this week, enabling the US Food and Drug Administration to go after myriad products being marketed illegally and in a variety of flavors.
In order to avoid FDA oversight, companies have been making synthetic nicotine in the lab -- and not derived from tobacco and thus within the agency's purview. But the national spending bill enacted March 15 "makes clear that FDA can regulate tobacco products containing nicotine from any source," the agency said Wednesday, the day before the law finally took effect.
Now, anyone who makes or sells "non-tobacco nicotine" must comply with FDA regulations, which also include not selling to people under 21, not giving away free samples, and not making claims that their products are less harmful than cigarettes without FDA authorization.
Companies that make these products must also register them with the agency and submit a "premarket application" by May 14 in order to stay on the market legally. This review includes looking at their marketing and youth uptake, for example.
By the end of January, over 6.6 million products had been successfully submitted to the agency, nearly all of which were e-cigarette products. Only a small handful were authorized to stay on the market, and over 1.2 million have been rejected while others sit in regulatory limbo.
Last week, FDA leaders authored an opinion in The Hill, describing how vaping companies would switch up their nicotine source after being issued warnings by the FDA. Now those companies "will be held to the same public health standards we've worked so hard to implement for other tobacco products," they wrote.
Among the products newly facing FDA oversight is a disposable brand known as Puff Bar, which comes in a variety of flavors and was the most popular among students in 2021. More than a quarter of high schoolers who currently vaped said that Puff Bar was their usual brand. CNN has reached out to Puff Bar for comment.
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Ernie Hudson talked about “Ghostbusters” and the reboot “Ghostbusters: Afterlife.” He talked about the possibility of being in the upcoming “Ghostbusters: Afterlife” sequel that was recently announced. He also shared details about his newest show, “The Family Business.” He talked about his character and the role he has in the show, and said that he is able to get in character by “being an actor on purpose.”
Carl Weber’s “The Family Business” premieres on Sept. 1 on BET+, with new episodes dropping every Thursday.
This segment aired on the KTLA 5 Morning News on Aug. 29, 2022. | https://cw33.com/entertainment-news/ernie-hudson-talks-the-family-business-and-calls-his-character-a-bad-guy-out-of-necessity/ | 2022-08-31T13:52:07Z |
- Initial preclinical data in ovarian cancer presented at AACR showed treatment with onvansertib plus olaparib leading to a statistically significant survival benefit compared to treatment with either agent alone
- Data from Phase 2 metastatic castration-resistant prostate cancer (mCRPC) clinical trial presented at AACR showed higher disease control rates with increasing onvansertib dose density
- Biomarker data from Phase 2 mCRPC clinical trial presented at AACR showed treatment response correlating with mutations in MTOR and PTEN, two key genes in the PI3K signaling pathway
- Cash, cash equivalents, and short-term investments of approximately $122 million as of June 30, 2022
SAN DIEGO, Aug. 4, 2022 /PRNewswire/ -- Cardiff Oncology, Inc. (Nasdaq: CRDF), a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers, today announced company highlights and financial results for the second quarter ended June 30, 2022.
"We remain focused on advancing our research and development priorities, in particular our lead clinical trial program in KRAS-mutated metastatic colorectal cancer (mCRC)," said Mark Erlander, PhD, chief executive officer of Cardiff Oncology. "In addition, our recent AACR presentation highlighted preclinical data from patient-derived ovarian cancer xenograft models in which onvansertib was shown to combine synergistically with a PARP inhibitor to overcome PARP inhibitor resistance. Also presented at AACR were updated data from our Phase 2 clinical trial of onvansertib in combination with abiraterone in metastatic castration-resistant prostate cancer that showed clinically meaningful disease control rates in patients showing initial abiraterone resistance. We look forward to building on these preclinical and clinical results and believe our talented leadership team and strong cash position have us well-positioned for continued success."
Program highlights for the quarter ended June 30, 2022, include:
Ovarian Cancer Preclinical Program:
Reported new preclinical data that show onvansertib combining with a PARP inhibitor to overcome PARP inhibitor (PARPi) resistance in BRCA1-mutant and wild-type patient-derived xenograft ovarian cancer models
Preclinical studies featured in a poster presentation at the American Association for Cancer Research (AACR) Annual Meeting evaluated onvansertib in combination with the PARPi olaparib in three olaparib-resistant patient-derived xenograft (PDX) ovarian cancer models. Two of the three PDX models studied were cisplatin-sensitive with a mutated BRCA1 gene, while the third was cisplatin-resistant with wild type BRCA1. Results showed that treatment with onvansertib plus olaparib led to a statistically significant survival benefit compared to treatment with either agent alone in each of the three evaluated PDX models. The combination regimen was also shown to be well tolerated in mice.
Metastatic Castration-resistant Prostate Cancer (mCRPC) Clinical Program:
Reported updated clinical and new biomarker data from Phase 2 clinical trial of onvansertib plus abiraterone/prednisone in mCRPC patients showing initial abiraterone resistance at the AACR Annual Meeting
Data featured in a poster presentation showed clinically meaningful disease control rates that rose with increasing onvansertib dose density. 75% (15 of 20) of evaluable patients in Arm C, which represents the trial's most dose-dense treatment schedule, showed radiographic stable disease (SD) or a radiographic partial response (PR) at 12-weeks, compared to 53% (9 of 17) and 58% (11 of 19) of evaluable patients in the less dose-dense Arms A and B, respectively.
Additional highlights from the announcement include:
- Treatment response (SD/PR) correlated with mutations in PTEN and MTOR, key genes in the PI3K signaling pathway
- Treatment response correlated with gene signatures corresponding to the ERG+ and Notch pathways, which are involved in cell invasion, epithelial-mesenchymal transition, and metastasis
- Genes related to mitochondrial and immune functions were downregulated in patients achieving SD or a PR compared to those showing progressive disease
- Onvansertib in combination with abiraterone/prednisone has been well tolerated in the trial
Second Quarter 2022 Financial Results:
Liquidity and cash burn
As of June 30, 2022, Cardiff Oncology had approximately $122 million in cash, cash equivalents, and short-term investments.
Net cash used in operating activities for the second quarter of 2022 was approximately $6.7 million, an increase of approximately $2.4 million from $4.3 million for the same period in 2021.
Operating Expenses
The overall increase in research and development expenses was primarily related to chemistry, manufacturing, and controls ("CMC") and clinical pharmacology studies to support the development of our lead drug candidate, onvansertib. Salaries and staff costs increased primarily due to additional hires in senior management and our clinical operations team.
The overall increase in selling, general and administrative expense was primarily due to higher salaries costs from merit increases and additional new hires. An increase in D&O insurance costs and higher operating lease costs also contributed to higher selling, general and administrative expenses in the current period, offset by a reduction in recruiting fees from the prior period.
About Cardiff Oncology, Inc.
Cardiff Oncology is a clinical-stage biotechnology company leveraging PLK1 inhibition to develop novel therapies across a range of cancers. Our lead asset is onvansertib, a PLK1 inhibitor we are evaluating in combination with standard-of-care (SOC) therapeutics in clinical programs targeting indications such as KRAS-mutated metastatic colorectal cancer, metastatic pancreatic ductal adenocarcinoma, and metastatic castrate-resistant prostate cancer. These programs and our broader development strategy are designed to target tumor vulnerabilities in order to overcome treatment resistance and deliver superior clinical benefit compared to the SOC. For more information, please visit https://www.cardiffoncology.com.
Forward-Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified using words such as "anticipate," "believe," "forecast," "estimated" and "intend" or other similar terms or expressions that concern Cardiff Oncology's expectations, strategy, plans or intentions. These forward-looking statements are based on Cardiff Oncology's current expectations and actual results could differ materially. There are several factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, clinical trials involve a lengthy and expensive process with an uncertain outcome, and results of earlier studies and trials may not be predictive of future trial results; our clinical trials may be suspended or discontinued due to unexpected side effects or other safety risks that could preclude approval of our product candidates; risks related to business interruptions, including the outbreak of COVID-19 coronavirus, which could seriously harm our financial condition and increase our costs and expenses; uncertainties of government or third party payer reimbursement; dependence on key personnel; limited experience in marketing and sales; substantial competition; uncertainties of patent protection and litigation; dependence upon third parties; and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. There are no guarantees that our product candidate will be utilized or prove to be commercially successful. Additionally, there are no guarantees that future clinical trials will be completed or successful or that any precision medicine therapeutics will receive regulatory approval for any indication or prove to be commercially successful. Investors should read the risk factors set forth in Cardiff Oncology's Form 10-K for the year ended December 31, 2021, and other periodic reports filed with the Securities and Exchange Commission. While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Forward-looking statements included herein are made as of the date hereof, and Cardiff Oncology does not undertake any obligation to update publicly such statements to reflect subsequent events or circumstances.
Cardiff Oncology Contact:
James Levine
Chief Financial Officer
858-952-7670
jlevine@cardiffoncology.com
Investor Contact:
Joyce Allaire
LifeSci Advisors
212-915-2569
jallaire@lifesciadvisors.com
Media Contact:
Amy Jobe, Ph.D.
LifeSci Communications
315-879-8192
ajobe@lifescicomms.com
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SOURCE Cardiff Oncology, Inc. | https://www.wibw.com/prnewswire/2022/08/04/cardiff-oncology-reports-second-quarter-2022-results-provides-business-updates/ | 2022-08-04T20:52:30Z |
All educators at 2,000 schools across the country will score free Chipotle as they return to the classroom
NEWPORT BEACH, Calif. , Aug. 9, 2022 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced it will recognize all teachers at 2,000 schools in the U.S. with more than $1 million in free Chipotle*.
To honor teachers heading into a new school year, Chipotle fans can nominate their favorite K-12 educators to give their schools a chance to receive free Chipotle entrées for all teachers at their school. Through August 12, fans can tag a teacher and leave a comment about their impact in the following posts on Chipotle's Instagram, Facebook, and Twitter channels:
- https://www.instagram.com/p/ChCZ2zmF4Wd/?hl=en
- https://www.facebook.com/chipotle/photos/a.132022259252/10160136568559253/
- https://twitter.com/ChipotleTweets/status/1556972167513849856
Starting the week of August 15, Chipotle will randomly select 2,000 teachers in the comments to give free Chipotle entrées to all teachers at their school, the equivalent to more than $1 million total in free Chipotle.
Chipotle's giveback aims to rally students and entire communities around their indispensable teachers.
"Teachers Cultivate a Better World by shaping the next generation," said Chris Brandt, Chief Marketing Officer. "As a longtime supporter of education, we are encouraging our fans to join us in recognizing teachers and their impact on America's youth."
Chipotle will also leverage its Round-Up for Real Change feature on the Chipotle app and Chipotle.com to support Kids In Need Foundation (WWW.KINF.ORG), a national non-profit organization that partners with teachers and students in underserved schools to provide the resources needed for teachers to teach and learners to learn. Through August 31, Chipotle invites guests to join its mission to Cultivate a Better World by rounding up their bill to the next highest dollar amount on the Chipotle app or Chipotle.com to donate to Kids In Need Foundation Supply A Teacher Program. Each teacher from participating schools will receive supplies to fuel a semester of active learning, including notebooks, folders, pencil packs and pouches, sharpeners, rulers, erasers, highlighters, sticky note pads, and pens. In the U.S., more than 94% of public-school teachers pay for school supplies out of their own pocket, and on average, they spend nearly $500 for their respective classes**.
Chipotle's Round Up for Kids In Need Foundation has raised more than $2 million to date for thousands of under-resourced teachers and students across the country.
In addition to supporting teachers and its local communities, Chipotle also provides its workforce with the opportunity to achieve a higher education at no cost through its partnership with Guild Education, the country's leading education and upskilling company. After only 120 days of employment, employees are eligible to pursue debt-free degrees from leading non-profit, accredited universities across 100 majors as part of its Cultivate Education program. Additionally, Chipotle's Tuition Reimbursement Program allows eligible employees to be reimbursed for tuition up to $5,250 per year in qualifying programs. Chipotle also offers English as a second language to all employees and their families, opportunities for upskilling through its learning management system (LMS), Spice Hub, and more.
*Nominate an eligible K-12 teacher in the U.S. (virtual/homeschool not eligible) between approx. 12:01 am PT on 8/9/22 – approx. 11:59 pm PT on 8/12/22. For Official Rules including how to participate, teacher definition, and complete details, visit chipotle.com/burritos4teachers. Sponsor: CMG Strategy Co., LLC
**Source: THE WASHINGTON POST
Chipotle Mexican Grill, Inc. (NYSE: CMG) is cultivating a better world by serving responsibly sourced, classically-cooked, real food with wholesome ingredients without artificial colors, flavors or preservatives. Chipotle had over 3,000 restaurants as of June 30, 2022, in the United States, Canada, the United Kingdom, France and Germany and is the only restaurant company of its size that owns and operates all its restaurants. Chipotle is ranked on the Fortune 500 and is recognized on the 2022 list for Fortune's Most Admired Companies. With over 100,000 employees passionate about providing a great guest experience, Chipotle is a longtime leader and innovator in the food industry. Chipotle is committed to making its food more accessible to everyone while continuing to be a brand with a demonstrated purpose as it leads the way in digital, technology and sustainable business practices. For more information or to place an order online, visit WWW.CHIPOTLE.COM.
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SOURCE Chipotle Mexican Grill, Inc. | https://www.wibw.com/prnewswire/2022/08/09/chipotle-thanks-teachers-with-more-than-1-million-free-chipotle/ | 2022-08-09T12:48:58Z |
THE HAGUE, Netherlands, Aug. 15, 2022 /PRNewswire/ -- Murasaki, a game studio building decentralized games on the blockchain, has just closed a €1.5 million seed round led by Incubate Fund, one of the largest Japanese venture capital firms specializing in seed stage investing.
As Japanese and European serial entrepreneurs and developers operating out of The Netherlands, Murasaki is on a mission to disrupt the GameFi economy. We are currently witnessing a transformation of the gaming industry, with emerging technologies like the blockchain opening new doors and creating endless revenue opportunities for both players and creators. In true Web3 spirit, Murasaki aims to harness the power of community and make a future game engine available to anyone wanting to build blockchain titles.
One of the co-founders, Shunsuke Sasaki, is a serial entrepreneur and angel investor specializing as a game producer. In 2007, after two years, he left and founded Pokelabo Inc, a mobile gaming company. GREE, a Japanese mobile gaming giant, acquired Pokelabo in 2012 for $173.8m. Pokelabo produced some famous titles, such as SINoALICE, that are well- known worldwide. The core founding team from Pokelabo joins Murasaki to build multiple game titles.
With this €1.5 million investment led by Incubate Fund, Murasaki will be able to strengthen its commitment to developing the next generation of decentralized, community-powered games. Murasaki's Cyberstella, an NFT-focused game with a new take on the play and earn model, is set for release in early 2023. Meanwhile, an NFT and official token launch will follow the beta version release in late 2022.
Shinnosuke Murata, Murasaki's CEO and Co-Founder, said: "I was attracted to blockchain technology, which allows consensus building without racial or national boundaries, and founded Murasaki in February 2022."
"This investment round is incredibly exciting for us, as it will allow us to further develop our assets and optimize the beta version of Cyberstella, adding new features, worlds, missions and environments. We are also planning to develop a subsequent title as well. We can't wait for people to discover what playing a blockchain title is really like."
Keisuke Wada at Incubate Fund said: "We are thrilled to partner with the Murasaki team, formed by two experienced Japanese entrepreneurs, Mr. Murata and Mr. Sasaki, in taking on the Game-Fi challenge. We look forward to transcending national borders and pioneering an ever-evolving frontier."
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Contact:
Grigorij Richters
grig@filmsunited.co
+491732631512
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SOURCE Murasaki | https://www.kxii.com/prnewswire/2022/08/15/gamefi-company-murasaki-closes-15m-seed-round-led-by-japanese-incubate-fund/ | 2022-08-15T07:35:54Z |
DUBLIN, April 20, 2022 /PRNewswire/ -- Jazz Pharmaceuticals plc (Nasdaq: JAZZ) today announced that it will report its 2022 first quarter financial results on Wednesday, May 4, 2022, after the close of the U.S. financial markets. Company management will host a live audio webcast at 4:30 p.m. ET / 9:30 p.m. IST to discuss 2022 first quarter financial results and provide a business and financial update.
Audio webcast/conference call:
U.S. Dial-In Number: +1 855 353 7924
International Dial-In Number: +1 503 343 6056
Passcode: 7492554
A replay of the conference call will be available through May 11, 2022.
Replay U.S. Dial-In Number: +1 855 859 2056
Replay International Dial-In Number: +1 404 537 3406
Passcode: 7492554
Interested parties may access the live audio webcast via the Investors section of the Jazz Pharmaceuticals website at www.jazzpharmaceuticals.com.
About Jazz Pharmaceuticals
Jazz Pharmaceuticals plc (Nasdaq: JAZZ) is a global biopharmaceutical company whose purpose is to innovate to transform the lives of patients and their families. We are dedicated to developing life-changing medicines for people with serious diseases – often with limited or no therapeutic options. We have a diverse portfolio of marketed medicines and novel product candidates, from early- to late-stage development, in neuroscience and oncology. Within these therapeutic areas, we are identifying new options for patients by actively exploring small molecules and biologics, and through innovative delivery technologies and cannabinoid science. Jazz is headquartered in Dublin, Ireland and has employees around the globe, serving patients in nearly 75 countries. For more information, please visit www.jazzpharmaceuticals.com and follow @JazzPharma on Twitter.
Investors:
Andrea N. Flynn, Ph.D.
Vice President, Head, Investor Relations
Jazz Pharmaceuticals plc
InvestorInfo@jazzpharma.com
Ireland +353 1 634 3211
U.S. +1 650 496 2717
Media Contact:
Kristin Bhavnani
Head of Global Corporate Communications
Jazz Pharmaceuticals plc
CorporateAffairsMediaInfo@jazzpharma.com
Ireland +353 1 637 2141
U.S. +1 215 867 4948
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SOURCE Jazz Pharmaceuticals plc | https://www.wibw.com/prnewswire/2022/04/20/jazz-pharmaceuticals-report-2022-first-quarter-financial-results-may-4-2022/ | 2022-04-20T20:35:49Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Missfresh Limited (NASDAQ: MF).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/missfresh-limited-loss-submission-form/?id=30778&from=4
This lawsuit is on behalf of persons who purchased or otherwise acquired Missfresh securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Missfresh's June 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until September 12, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Missfresh Limited issued materially false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its registration statement and related prospectus issued in connection with the Company's June 2021 initial public offering; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/08/12/mf-shareholder-alert-jakubowitz-law-reminds-missfresh-shareholders-lead-plaintiff-deadline-september-12-2022/ | 2022-08-12T10:08:00Z |
Bhagavan "Doc" Antle, who appeared in the 2020 docuseries "Tiger King," and four others have been indicted on 10 counts of wildlife trafficking and money laundering charges.
Authorities claim that Antle and his employee "laundered more than $500,000 in cash they believed to be the proceeds of an operation to smuggle illegal immigrants across the Mexican border into the United States," according to a statement from the US Attorney's Office District of South Carolina.
The indictment, received on June 28, states Antle and an employee "procured or attempted to procure bulk cash receipts, regardless of the source, and used that cash for a variety of purposes, including purchasing animals and for other purposes tied to the Myrtle Beach Safari."
The complaint alleges Antle told the informant he would "conceal the transaction and move the cash through the Myrtle Beach Safari by inflating tourist numbers."
Antle allegedly violated federal law by illegally trafficking wildlife and falsified records for the wildlife including lemurs, a chimpanzee and cheetahs, which are listed as endangered or threatened under the Endangered Species Act, according to the indictment.
CNN has reached out to attorneys for Antle for comment.
He is facing up to 20 years in federal prison for money laundering and up to five years for wildlife trafficking. A federal magistrate judge granted a federal bond to Antle.
In October 2020, Antle was indicted on separate wildlife trafficking charges after an investigation by then Virginia Attorney General Mark Herring.
Antle told CNN at the time, "I have spent my entire professional life promoting the welfare and conservation of big cats and other species. I have deep regard and feelings for the animals in my care and would never hurt or abuse them in any way."
"I look forward to being able to answer these charges and to be able to clear my good name," he added.
According to the Frederick County Circuit Clerk's office in Virginia, Antle is scheduled for a jury trial in October for the 2020 case.
Antle owns a private zoo in South Carolina called Myrtle Beach Safari, which was featured in "Tiger King." He's previously said he was "very disappointed" in his portrayal in the documentary, CNN affiliate WPDE-TV reported.
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US says three Russians offered congressman a free trip as part of a propaganda and disinformation campaign
By Kara Scannell
Federal prosecutors in New York on Thursday unsealed an indictment charging a member of Russia’s legislature and two of his staffers with orchestrating a propaganda and disinformation campaign targeting US lawmakers.
Aleksandr Babakov, deputy chairman of the Russian State Duma, and his staffers Aleksandr Vorobev and Mikhail Plisyuk, were charged with conspiring to act in the US as an unregistered foreign agent, conspiring to violate US sanctions and conspiring to commit visa fraud.
As part of the alleged scheme, in 2017, prosecutors said the men allegedly violated US sanctions laws by seeking to recruit at least one US businessman and at least one congressman with an all-expenses paid trip to attend a conference in Yalta, an area in Russian-controlled Crimea, for the benefit of Sergey Aksyonov, a Russian placed on the US sanctions list following Russia’s annexation of Crimea.
The congressman, who was not identified, did not accept the invitation, the indictment said.
Prosecutors allege the men schemed to affect US policy toward Russia from 2012 to 2017 “through staged events, paid propaganda, and the recruitment of at least one American citizen to do their bidding in unofficial capacities,” according to the indictment.
Also in 2017, prosecutors say that Babakov requested a meeting with a congressman in Washington through the American citizen and Babakov and his staffers falsified their Visa applications by saying they were traveling separately and on vacation. The US placed the three men on the US sanctions list in 2017 so their visas were denied, and no meetings took place, prosecutors said. Babakov, a pro-Vladimir Putin lawmaker, was also sanctioned by the European Union for voting in favor of a Russian bill annexing Crimea in 2014.
The three men are based in Russia and remain at large, prosecutors said. The US Justice Department is seeking forfeiture of any property, vessels, aircraft used or traced to the proceeds obtained through the alleged crimes.
The Russians, the indictment alleges, used a nonprofit organization based in Russia, the Institute for International Integration Studies, as a front for their activities.
“Russian legislator Aleksandr Babakov and two of his staffers allegedly orchestrated a covert Russian propaganda campaign in the U.S. in order to advance Russia’s malevolent political designs against Ukraine and other countries, including the U.S.,” Damian Williams, the US attorney for the Southern District of New York, said in a statement.
“Today’s indictment demonstrates that Russia’s illegitimate actions against Ukraine extend beyond the battlefield, as political influencers under Russia’s control allegedly plotted to steer geopolitical change in Russia’s favor through surreptitious and illegal means in the U.S. and elsewhere in the West,” Williams added.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/14/us-says-three-russians-offered-congressman-a-free-trip-as-part-of-a-propaganda-and-disinformation-campaign/ | 2022-04-14T21:01:37Z |
DEARBORN, Mich., June 14, 2022 /PRNewswire/ -- Carhartt understands that it's greatest asset is its people and to further ensure the needs of the business are met and to enhance the company culture, Carhartt announced today the appointment of Dr. Candis Fields-Johnson as Human Resources (HR) Vice President of Global Talent Management. She joined the company on June 6 and reports to Jennifer Piscopink, Senior Vice President of Human Resources at Carhartt.
In this role, Dr. Fields-Johnson will be responsible for developing strategies that address the overall talent needs of the organization. In partnership with leaders across the company, she will translate the talent needs into actionable ideas, as well as identify the appropriate learning, communication, organizational effectiveness, and talent management strategies and interventions.
To recruit for the position, Carhartt employed executive search firm BroadView Talent Partners, recognized for their commitment to diversity, equity and inclusion and proven process for identifying talent.
"In today's competitive job market, it's critical for companies to have best practices in place to not only attract, but retain, top talent," said Piscopink. "We are excited to have Candis join our team and I'm confident that she will further our commitment to our highly engaged workforce, but also help us connect the dots across our organization, challenge the status quo and execute with excellence."
Dr. Fields-Johnson brings a wealth of experience as a strategic change leader to Carhartt, most recently serving as Head of Learning and Development (L&D), Global Operations and Information Technology (IT) for AstraZeneca. There, she set the direction and strategy for L&D globally across five functions and three regions in support of the business strategy and talent priorities.
Earlier, she held various HR roles with increasing responsibility at Penske, Saint-Gobain, and Merck & Co.
Dr. Fields-Johnson earned her Doctorate of Education from Neumann University in Aston, Penn., her Master's Of Science in Organizational Development and Training from St. Joseph's University in Philadelphia, her Bachelors in Chemistry from Temple University in Philadelphia. She also achieved her post doctoral certification in Human Resource Management from Villanova University in Philadelphia.
Established in 1889, Carhartt is a global premium workwear brand with a rich heritage of developing rugged products for workers on and off the job. Headquartered in Dearborn, Michigan, with approximately 5,400 employees worldwide, Carhartt is family-owned and managed by the descendants of the company's founder, Hamilton Carhartt. For more information, visit www.carhartt.com.
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SOURCE Carhartt | https://www.mysuncoast.com/prnewswire/2022/06/14/carhartt-appoints-new-hr-vice-president-global-talent-management/ | 2022-06-14T15:04:48Z |
New York family’s tradition is tightly woven at Mendel Goldberg Fabrics
By Elle McLogan
Click here for updates on this story
NEW YORK (WCBS) — Mendel Goldberg Fabrics is a room full of color, vibrant hues forming patterns and prints from floor to ceiling.
The business’s proprietor Alice Goldberg specializes in high-end couture fabrics, sourcing silk, tulle, and lace from Italy, Switzerland, and France.
“I only want the best because the best is always good enough,” she said.
For Alice, the store is a family tradition, bearing the name of her great-grandfather, a Polish immigrant. Upon his arrival in New York in the late 19th century, he began selling tailoring supplies from a pushcart.
The cart evolved into a brick-and-mortar shop with the purchase of the Hester Street building, which has remained in the Goldberg family for generations.
“I grew up in this business from the time I was a child,” Alice said.
Her fabrics are sold by the yard to become suits, dresses, curtains, and pillows.
“We work with the Broadway shows. We work with the Met,” she said.
Some visitors buy materials for at-home sewing projects, while others get fitted for custom clothing.
“We do a lot for bridal, and we have excellent seamstresses that make up the garment at different price points,” Alice said. “There is a fabric for every client. I believe now that we can hit almost any budget.”
For Alice, the most important part of the job is the respect and regard for all customers.
“That’s what my father taught me. You never judge a customer. Everybody gets treated the same,” she said.
Her staff includes Louis Ortega, an honorary member of the Goldberg family after 32 years on the job, and her daughter Josie, the fifth generation to pursue the family trade.
For Alice’s grandchildren—several of whom are named after their predecessors—the history of the shop inspires school essays and art projects. Fabrics from the family store have become custom-made dresses for their bat mitzvahs.
“I walk in here every day, and I feel the legacy of my family,” Alice said.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/29/new-york-familys-tradition-is-tightly-woven-at-mendel-goldberg-fabrics/ | 2022-04-30T00:17:26Z |
Five-Year Plan Fulfills a Requirement of the Accelerating Access to Critical Therapies for ALS Act
SILVER SPRING, Md., June 23, 2022 /PRNewswire/ -- Today, the U.S. Food and Drug Administration unveiled its Action Plan for Rare Neurodegenerative Diseases including Amyotrophic Lateral Sclerosis (ALS) – a five-year strategy for improving and extending the lives of people living with rare neurodegenerative diseases by advancing the development of safe and effective medical products and facilitating patient access to novel treatments.
"The effects of rare neurodegenerative diseases are devastating, with very few effective therapeutic options available to patients. We recognize the urgent need for new treatments that can both improve and extend the lives of people diagnosed with these diseases," said FDA Commissioner Robert M. Califf, M.D. "To face that challenge and to accelerate drug development, we need innovative approaches to better understand these diseases while also building on current scientific and research capabilities. This action plan, especially including the use of public-private partnerships and direct involvement of patients, will ensure the FDA is working toward meeting the task set forth by Congress to enhance the quality of life for those suffering by facilitating access to new therapies."
The action plan is a blueprint for how the agency will move forward in aggressively tackling challenges in drug development for rare neurodegenerative diseases, including ALS, in order to improve patients' health. Specific actions include regulatory science initiatives, enhancements to existing programs and new policy initiatives. The plan has been developed in accordance with the provisions of the Accelerating Access to Critical Therapies for ALS Act, or ACT for ALS, that President Biden signed into law on December 23, 2021.
Within a five-year span, the plan will focus on bolstering scientific advancement and promoting innovation for rare neurodegenerative diseases by engaging in targeted activities including:
- Establishing the FDA Rare Neurodegenerative Diseases Task Force (FY 22).
- Establishing the public-private partnership for rare neurodegenerative diseases (FY 22).
- Developing disease-specific science strategies (FY 22 – FY 26).
- Leveraging ongoing FDA regulatory science efforts.
The ALS Science Strategy is an element of the plan focused specifically on ALS. It provides a forward leaning framework for FDA activities to assess key regulatory science priorities. The focus areas of the ALS Science Strategy are to:
- Improve characterization of disease pathogenesis and natural history —including quantifying disease progression, predictive and prognostic biomarkers, and efficient translation and implementation of basic science discovery is needed.
- Facilitate patient access to new drugs whenever possible and promote greater participation in clinical trials by reducing barriers and burdens faced by diverse populations; utilizing digital health technologies and decentralized trial designs; and ensuring mechanisms for expanded access (generally outside of a clinical trial) are appropriately integrated into development programs.
- Enhance clinical trial infrastructure and agility to enable early selection of promising therapeutic candidates for further development, optimize clinical trial design, improve access to the trials, streamline clinical trial operations, and reduce the time and cost of drug development.
Key to the success of the FDA's implementation of the ALS Science Strategy will be patient engagement, public workshops, research projects, coordination across FDA centers and offices and collaboration with the National Institutes of Health (NIH).
ACT for ALS also requires the Department of Health and Human Services (HHS) to implement a Public-Private Partnership for Neurodegenerative Diseases between NIH, FDA and one or more outside entities through cooperative agreements, contracts or other appropriate mechanisms to advance the understanding of neurodegenerative diseases and foster development of treatments for ALS and other rare neurodegenerative diseases. It also directs the agency to award grants and contracts to public and private entities to cover the costs of research and development of interventions that are intended to prevent, diagnose, mitigate, treat or cure ALS and other rare neurodegenerative diseases.
Additional Resources:
- Rare Disease Therapy Development and Access Remain Top FDA Priorities During COVID-19
- FDA Rare Disease Day 2022
- CDER's ARC Program
- Developing Products for Rare Diseases & Conditions
- Orphan Products Grants Program
Media Contact: April Grant, 202-657-8179
Consumer Inquiries: Email or 888-INFO-FDA
The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation's food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.
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SOURCE U.S. Food and Drug Administration | https://www.kxii.com/prnewswire/2022/06/23/fda-releases-action-plan-rare-neurodegenerative-diseases-including-als/ | 2022-06-23T17:41:34Z |
How Miss Volunteer America became the country's latest national pageant
Brandon Shields
Jackson Sun
The era of the Miss Volunteer America Pageant officially began on Wednesday night with the first evening of preliminaries ahead of Saturday’s inaugural crowning.
While the initial announcement of the event came in February of 2020, the evolution of this event can trace its beginnings back to the summer of 2018 when a chain of events set the process in motion to result in the newest national pageant making its debut this week in Jackson.
Here's a look back at the timeline that set up Miss Volunteer America:
- June 2018: The Miss America Organization announces the establishment of a change of direction for its organization that would become known as Miss America 2.0. The emphasis of the organization, according to its leadership, would turn away from visual beauty of its contestants and focus more on empowering the competitors with self-confidence and being able to shine in a number of different ways. Statewide pageants to qualify for Miss America would continue to in their traditional format with the winners competing in the new format at Miss America.
- August 2018: It was two months later when a few members of the leadership organizations for some statewide pageants began to publicly express their disagreement with the change in direction of the organization as well as changing the format of competition after the competition season had already begun. Miss Tennessee stalwarts Tom Hensley and Jimmy Exum called a press conference at the Carl Perkins Civic Center in the Miss Tennessee room to air their grievances. Allison DeMarcus also did interviews with national media organizations about the situation as a public back-and-forth between some of the state leaders and MAO began to play out with national attention.
- December 2018: It was just before Christmas that year after a few weeks of silence from both sides when MAO announced the revocation of state title licenses from a number of state leaders. The revocation had actually happened three months earlier, but it was announced in December. The group that included Hensley, Exum and DeMarcus leading Miss Tennessee was one of them, ending a legal relationship that lasted for multiple decades as Exum and Hensley had each respectively been involved in the event for more than 60 years.
- January 2019: DeMarcus and the rest of the leadership from the former Miss Tennessee organization announced the formation of a new organization that would continue to have beauty pageant competitions in the way fans had grown to enjoy but would also stress the importance of community service. Miss Tennessee Volunteer was born, and it was announced the inaugural pageant would be held in the traditional Miss Tennessee week, the third week of June, at the Carl Perkins Civic Center.
- May 2019: In a move that caught the attention of many pageant fans across the state, Miss Tennessee 2018 Christine Williamson had competed at Miss America the previous fall and completed the duties of Miss Tennessee for the year. Her final tasks were to represent the organization in the West Tennessee Strawberry Festival Parade and sing the national anthem at the festival’s Governor’s Luncheon. Later that evening, Williamson released a statement announcing she was vacating her crown and joining the Miss Tennessee Volunteer organization. Later that month, she would be crowned the inaugural Miss Tennessee Volunteer and would crown the first-ever Miss Tennessee Volunteer Pageant winner.
- June 2019: Miss Tennessee Volunteer holds its first-ever pageant, and Holladay native Kerri Arnold is crowned the winner.
- February 2020: DeMarcus holds a press conference at the Civic Center with local leaders announcing the formation of the Miss Volunteer America Organization that already had more than 30 state organizations ready to send competitors to its pageant in Jackson later that year, scheduled for Labor Day Weekend.
- March 2020: COVID-19 pandemic spreads to the South and Tennessee, and leaders at the national, state and local levels shut down most avenues of gathering. Miss Tennessee Volunteer 2020 would eventually be canceled, and the inaugural national competition would be delayed as well. Leadership would try to have it at least one more time, only for a spike in COVID-19 cases to cause another delay.
- June 2021: At the Miss Tennessee Volunteer Pageant, the leadership announces a new group to lead the state pageant because Demarcus and her mother, Jane Alderson, will be focused on making sure Miss Volunteer America will happen the week of Mother’s Day in 2022, meaning all state winners in the volunteer organization will be aiming for a trip to the Hub City then.
- May 2022: Miss Volunteer America contestants are in Jackson and competing this week with the winner set to be crowned Saturday night.
Reach Brandon Shields at bjshields@jacksonsun.com. Follow him on Twitter @JSEditorBrandon or on Instagram at editorbrandon. | https://www.jacksonsun.com/story/news/2022/05/05/how-miss-volunteer-america-became-countrys-latest-national-pageant/9643146002/ | 2022-05-05T03:20:07Z |
BOSTON, July 5, 2022 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE:STAG) today announced that, pursuant to its previously announced management succession plan, effective July 1st the Board of Directors appointed William R. Crooker to the role of Chief Executive Officer, in addition to his current role as President, and further appointed Mr. Crooker to the Board. As Chief Executive Officer, Mr. Crooker will lead and manage the Company's business, execute the strategies developed by management and the Board and serve as the chief spokesperson to the Company's employees, stockholders and business counterparties.
Additionally, Benjamin S. Butcher transitioned from Chief Executive Officer to Executive Chairman of the Board. As Executive Chairman, Mr. Butcher will manage the business of the Board, regularly consult with Mr. Crooker on key corporate matters and serve as a liaison between the Board and the management team.
The Company further announced that effective July 1st the Board promoted Michael C. Chase to Executive Vice President, in addition to his current role as Chief Investment Officer. Mr. Chase has served as a Senior Vice President – Acquisitions since the Company's formation and initial public offering in 2011 and has been Chief Investment Officer since 2020. From 2003 to 2011, Mr. Chase served as Managing Director for STAG Capital Partners, LLC, the predecessor business of the Company.
About STAG Industrial, Inc.
STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership and operation of industrial properties throughout the United States. As of March 31, 2022, the Company's portfolio consisted of 551 buildings in 40 states with approximately 110.1 million rentable square feet.
For additional information, please visit the Company's website at www.stagindustrial.com.
Forward-Looking Statements
This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should," "project" or similar expressions. Forward-looking statements in this release include statements about the Company's management team. You should not rely on forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company's annual report on Form 10-K for the year ended December 31, 2021, as updated by the Company's quarterly reports on Form 10-Q. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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SOURCE STAG Industrial, Inc. | https://www.kxii.com/prnewswire/2022/07/05/stag-industrial-appoints-bill-crooker-ceo-ben-butcher-executive-chair-mike-chase-evp/ | 2022-07-05T20:45:46Z |
PITTSBURGH, July 29, 2022 /PRNewswire/ -- The United Steelworkers (USW) today said that the union has reached a tentative agreement with Bridgestone on a new master contract covering roughly 4,000 workers at the company's facilities in Des Moines, Iowa; Akron, Ohio; Bloomington, Ill.; Russellville, Ark.; La Vergne and Warren County, Tenn.
USW Rubber and Plastic Industry Council Chairman Kevin Johnsen, who led the negotiations, credited local union leaders on the Bridgestone Policy Committee for voicing the concerns of the membership at the table.
"We came to the table prepared to negotiate in good faith for a fair contract, and management made us fight for it every step of the way," Johnsen said. "We are proud of what we have accomplished thanks to the unity, strength and solidarity of our members and activists across all of the Bridgestone locations."
"Our members have earned and deserve fair wages, benefits and working conditions," he said. "The proposed contract builds on decades of collective bargaining progress with hard-fought economic and contract language improvements."
Johnsen said that the committee will be presenting the proposed agreement to the membership for ratification.
The USW will not be discussing the details of the proposed new contract with the public until members have had the opportunity to review it with their elected union representatives in the coming days and weeks.
The USW represents 850,000 men and women employed in manufacturing, metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in tech, public sector and service occupations.
Contact: Tony Montana – (412) 562-2592 or tmontana@usw.org
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SOURCE United Steelworkers (USW) | https://www.wibw.com/prnewswire/2022/07/29/usw-announces-tentative-agreement-with-bridgestone/ | 2022-07-29T15:02:25Z |
PD: McDonald’s employee arrested after stealing customer’s card number from drive-thru
MILLBROOK, Ala. (WSFA/Gray News) - Police in Alabama have arrested a fast-food restaurant employee after a customer said their debit card information was stolen.
Millbrook Police Department Chief P.K. Johnson said an investigation started last weekend when a resident told them that someone was using their debit card information to make purchases at various businesses.
WSFA reports detectives narrowed down who had access to the person’s information and determined it happened when the card was used at an area McDonald’s drive-thru.
Authorities learned that an employee, identified as 20-year-old Shytavious Davis, took pictures of the person’s debit card before giving it back.
Security video confirmed Davis did take pictures of the card, according to police. Davis was then arrested on Thursday and is facing a charge of identity theft.
Court filings indicated the 20-year-old bailed out of the Elmore County jail on $10,000.
The police chief encouraged anyone who used a credit or debit card at the McDonald’s in Millbrook around May 6 to review their account.
“This case remains active, as we want to ensure that we don’t have any additional victims,” Johnson said in a news release.
If anyone has unauthorized purchases, they were urged to contact the Millbrook Police Department at 334-285-5603.
Copyright 2022 WSFA via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/14/pd-mcdonalds-employee-arrested-after-stealing-customers-card-number-drive-thru/ | 2022-05-14T19:51:44Z |
SHANGHAI, Sept. 5, 2022 /PRNewswire/ -- Dada Group (NASDAQ: DADA)'s Dada Now is a leading local on-demand delivery platform in China, providing indispensable delivery infrastructure to local retail in the new era. Bing FU, General Manager of Dada Now, gave a speech on the topic "AI empowers on-demand delivery infrastructure" at the World Artificial Intelligence Conference (WAIC) held in Shanghai, elaborating how to improve efficiency and bring better fulfillment experience for customers, merchants and riders.
Dynamic match supply and demand
AI technology has gradually evolved to a mature stage. Meanwhile, online and offline channels are integrating with the development of on-demand retail; the demands and scenarios of on-demand retail have becoming increasingly abundant; and the order volume has shown a trend of rapid growth.
According to the "2022 On-demand Delivery Service White Paper" jointly released by LOG Research and Dada Now, from 2014 to 2021, the number of on-demand delivery orders grew explosively. The number of orders in 2021 was 30.85 billion, with a CAGR close to 60%.
Different from traditional logistics that often require multi-day, local on-demand orders are omni-channel, full-scenario, full-category and full-time, with a requirement to be delivered within one hour.
The increasing number and the features of delivery orders put forward higher requirements for delivery capacity. On the one hand, more riders are joining, and their working time and locations are constantly changing, posing a challenge for high-quality management and coordination. On the other hand, on-demand delivery has developed diverse types, including two-wheeled, four-wheeled and autonomous delivery. The question of how to ensure more efficient and stable fulfillment has become the key for the upgrade of the on-demand delivery industry.
Bing FU noted, "Supply and demand sides of on-demand delivery are more random than traditional logistics, and AI technology is essential to match the two sides dynamically. Meanwhile, we also care about the feelings of customers, merchants and riders, while improving efficiency."
Tech in last mile delivery
Dada Now's smart order dispatch system can realize real-time dynamic match of massive orders and riders. Data shows that the order distribution system plans routes 176 million times per day, with the average order response time being within 10 milliseconds, and the average delivery time being about 30 minutes.
For riders, the biggest "pain point" is to accurately locate the buildings where customers are. Based on the accumulated historical data from billions of riders, corresponding with the order address, Dada Now has adopted an AI analysis algorithm to effectively identify the building. Bing FU stated that the accuracy rate has been improved to 95.1%.
The AI algorithm also factors in the riders' experience and safety as well. The riders may come across various situations during the whole process, including order picking, delivery and handing the order to customers. The AI algorithm identifies the possible time-consuming processes in different routes and estimates the time cost, dynamically extending the delivery time for riders, in order to optimize riders' experiences.
Additionally, teaming up with JD Logistics and autonomous delivery vehicle developer White Rhino, Dada Now's autonomous delivery operation open system has already been applied in SEVEN FRESH, Yonghui Supermarket to cover a dozen neighborhoods, fulfilling nearly 50,000 orders. Compared with traditional delivery, unmanned vehicles feature lower delivery cost, larger carrying capacity, stronger stability, and higher safety, for one-hour delivery.
Technological innovation brings the future into reality. Bing FU said, "From the integration of AI and on-demand delivery, we can see the AI is making the delivery smarter and offering a warmer experience. With technological innovation, we guarantee that our customers receive their orders within one hour, and ensure the riders' efficiency, experience and safety."
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SOURCE DADA GROUP | https://www.mysuncoast.com/prnewswire/2022/09/05/dada-now-waic-ai-brings-better-efficiency-customer-experience-on-demand-delivery/ | 2022-09-05T04:59:38Z |
Prosecutors debunk Colorado clerk’s 2020 election claims
DENVER (AP) — Prosecutors in a western Colorado county said Thursday they found no evidence of tampering in the 2020 presidential election as alleged by a clerk who has become a prominent voice among those promoting former President Donald Trump’s false claims of a stolen election.
The Mesa County District Attorney’s Office presented its findings to county commissioners after investigating claims by Clerk Tina Peters, who is under indictment for providing unauthorized access to county voting equipment, a breach that led to a public release of sensitive information.
Peters, who is running for the Republican nomination to become the state’s chief election official, had issued a report in March claiming to have found evidence of “potentially unauthorized and illegal manipulation of tabulated vote data” during the 2020 presidential election and 2021 city elections.
During a public meeting Thursday, District Attorney Daniel P. Rubinstein provided a detailed rebuttal of the allegations, utilizing video from inside the clerk’s office during the elections to show that workers followed proper protocols. For instance, time-stamped video of election workers loading ballots before reviewing them was normal and not evidence of someone suspiciously pre-loading batches of ballots before the election.
There was “extensive evidence” that Peters’ conclusions were false and no proof found of outside election interference, Rubinstein wrote in a summary to commissioners.
Peters was elected in 2018 to oversee elections in the heavily Republican county near the Utah border. She was charged in March with seven felony and three misdemeanor counts, including attempting to influence a public servant, criminal impersonation and first-degree official misconduct.
The indictment alleges that Peters along with her deputy clerk were part of a “deceptive scheme which was designed to influence public servants, breach security protocols, exceed permissible access to voting equipment, and set in motion the eventual distribution of confidential information to unauthorized people.”
Peters has denied the charges, calling them politically motivated. Rubenstein noted that his investigators had attempted to speak with Peters, key office personnel and the authors of the report, but were unsuccessful. He said they relied on “video evidence, corroboration of records, audit of randomly selected ballot images, interviews with witnesses and experts, and recreation of the certain scenarios using a test election environment.”
Peters did not immediately respond to attempts to reach her for comment.
One of the major claims in the report was that separate election-related databases were created during the 2020 general election and then again in the 2021 municipal election. It said that interviews with office workers determined this could not have been caused by human actions.
Rubenstein, however, said office video showed election workers encountering problems in both elections and said investigators had determined that an office manager had restarted a key process, which triggered the creation of a second database both times. No evidence showed an incomplete or improper vote count, according to the investigation.
He noted that none of the office workers interviewed by his investigators said they had been contacted by the authors of Peters’ report.
Because of the allegations related to the security breach, Peters was not allowed to oversee last year’s election and a judge recently ruled that she cannot supervise this year’s primary or midterm elections.
Despite that, Peters is campaigning to become the official responsible for elections throughout the state, seeking the Republican nomination to challenge incumbent Secretary of State Jena Griswold, a Democrat. She announced her plan to run on the podcast of former Trump adviser Steve Bannon shortly before she was indicted.
She joins a group of Republican candidates this year who are seeking to oversee elections in their state while questioning the results of the 2020 presidential election — despite no evidence of widespread fraud or a coordinated scheme to manipulate voting machines. Experts have expressed concern that candidates who don’t have faith in elections increase the risk of insider attacks or interference with vote counting and certification.
State election officials first became aware of a security breach in Mesa County last summer when a photo and video of confidential voting system passwords were posted on social media and a conservative website.
Because each Colorado county has unique passwords maintained by the state, officials identified them as belonging to Mesa County, which Trump won in the 2020 presidential election with nearly 63% of the vote. President Joe Biden won Colorado overall with 55.4% of the state’s vote.
In August 2021, Peters appeared onstage at a “cybersymposium” hosted by MyPillow CEO Mike Lindell, who has promoted Trump’s false election claims and promised to reveal proof of that during the event.
While no evidence was provided, a copy of Mesa County’s voting system hard drive was distributed and posted online, according to attendees and state officials.
The copy included proprietary software developed by Dominion Voting Systems that is used by election offices around the country. Experts have described the unauthorized release as serious, saying it provided a potential “practice environment” that would allow anyone to probe for vulnerabilities that could be exploited during a future election.
Peters has previously said she had no knowledge of how the copy came to be distributed and declined to say who was with her when the copy was made.
___
Cassidy reported from Atlanta.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/19/prosecutors-debunk-colorado-clerks-2020-election-claims/ | 2022-05-19T19:00:22Z |
All amounts expressed in U.S. dollars unless otherwise indicated. Unaudited tabular amounts are in thousands of U.S. dollars except number of shares, options, warrants, and per share amounts, unless otherwise noted
VANCOUVER, BC, Aug. 10, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") today reported unaudited results for the quarter ended June 30, 2022 ("Q2 2022").
"Operations at our flagship asset, La Colorada, have improved significantly, with silver production rising to approximately 1.7 million ounces in Q2," said Michael Steinmann, President and Chief Executive Officer. "However, Pan American's Q2 results were markedly impacted by the underperformance at Dolores and our determination that recording an impairment of this asset was required. The remaining operations performed largely in line with our expectations, recovering well from the impact of the COVID-19 Omicron wave in the first quarter of 2022. We continue to expect consolidated production to be weighted to the back half of 2022, especially for the Gold Segment due to mine sequencing at Shahuindo and La Arena. Our financial position remains solid with cash and short-term investments of $241.3 million and an undrawn line of credit of $500 million."
- Silver production of 4.5 million ounces and gold production of 128.3 thousand ounces.
- Revenue was $340.5 million, inclusive of a negative $9.3 million adjustment on open concentrate shipments, largely related to the decline in metal prices towards the end of Q2 2022. Revenue in Q2 2022 excluded inventory build-ups of 34.2 thousand ounces of silver and 8.5 thousand ounces of gold.
- Net loss of $173.6 million ($0.83 basic loss per share), impacted by a pre-tax impairment charge of $99.1 million recorded for Dolores and $62.8 million in net realizable value (NRV) inventory adjustments, primarily at Dolores.
- Adjusted loss of $6.5 million ($0.03 basic adjusted loss per share) excludes the impact from the Dolores impairment and the heap inventory write-down.
- Operations generated $20.8 million of cash flow, net of $42.4 million in tax payments and a $19.5 million build-up in working capital.
- Silver Segment Cash Costs and All-in Sustaining Costs ("AISC") per silver ounce were $12.10 and $17.30, respectively. Excluding NRV inventory adjustments, Silver Segment AISC was $15.90 per ounce.
- Gold Segment Cash Costs and AISC per gold ounce were $1,132 and $2,051, respectively. Excluding NRV inventory adjustments, Gold Segment AISC was $1,540 per ounce.
- As at June 30, 2022, Pan American had working capital of $513.9 million, inclusive of cash and short-term investment balances of $241.3 million; a long-term investment in Maverix Metals Inc. ("Maverix") with a fair value of $112.5 million; and $500.0 million available under our sustainability-linked credit facility. Total debt of $63.2 million was related to lease liabilities and construction loans.
- A cash dividend of $0.11 per common share has been declared, payable on or about September 2, 2022, to holders of record of Pan American's common shares as of the close on August 22, 2022. Aligned with the Company's dividend policy, the dividend is comprised of a base dividend of $0.10 per common share and a variable dividend component of $0.01 per common share. The dividends are eligible dividends for Canadian income tax purposes.
- Management has updated its Guidance for 2022. See the "2022 Guidance" section of this news release for further details, and the Company's Management's Discussion and Analysis for the three and six months ended June 30, 2022.
Management identified the following impairment indicators at the Dolores Mine as part of our quarterly review of impairment indicators:
These factors resulted in an impairment to the mineral property, plant and equipment, as well as a net realizable value ("NRV") inventory adjustment, largely related to the heap inventory.
The final meeting of the pre-consultation phase of the ILO 169 consultation process for the Escobal mine in Guatemala was held on July 20, 2022, and was formally announced at a joint news conference held by the Xinka Parliament and the Guatemalan Ministry of Energy and Mines. A total of eight meetings were held during the pre-consultation. The process has now advanced to the consultation phase, with the first meeting scheduled for August 21, 2022. For a description of the ILO 169 consultation process for Escobal, please see our website at https://www.panamericansilver.com/operations/north-and-central-america/escobal/.
Cash Costs, AISC, adjusted earnings, basic adjusted earnings per share, sustaining and non-sustaining capital, working capital, total debt and net cash are not generally accepted accounting principle ("non-GAAP") financial measures. Please refer to the "Alternative Performance (non-GAAP) Measures" section of this news release for further information on these measures.
This news release should be read in conjunction with Pan American's unaudited Condensed Interim Consolidated Financial Statements and our Management's Discussion and Analysis for the three and six months ended June 30, 2022. This material is available on Pan American's website at panamericansilver.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
Based on results for the first six months of 2022 and the expected results for the remainder of the year, Management provides the following update to the 2022 Operating Outlook included in the Company's 2021 MD&A dated February 23, 2022:
- The estimates for silver and gold production have been reaffirmed, but are expected to be at the low end of the ranges, primarily due to the production shortfall at Dolores.
- The estimates for Silver Segment Cash Costs and AISC have been reaffirmed.
- The estimate for Gold Segment Cash Costs is expected to be at the high end of the original guidance range and the estimate for AISC, excluding NRV adjustments, has been revised from between $1,240 and $1,365 per ounce to between $1,450 and $1,550 per ounce. The revision reflects the production shortfall at Dolores, global inflationary pressures and an increase in estimated consolidated sustaining capital spending.
- The estimate for sustaining capital has been increased from between $200.0 million and $210.0 million to between $240.0 million and $250.0 million due to a change in the financing of certain planned sustaining capital investments (funding projects directly rather than entering construction loans), which will decrease future expected cash outflows and loan obligations. The estimate for project capital has been decreased from between $80.0 million and $95.0 million to between $55.0 million and $60.0 million, based on expected delays in spending at both the La Colorada Skarn and Timmins projects. The decrease in capital for the La Colorada Skarn project is due to delaying the design and initiation of the access ramp developments to optimize alignments with the highly efficient bulk mining method designs being considered. The revisions bring the total capital expenditures anticipated for the year to between $295.0 million and $310.0 million.
These estimates are forward-looking statements and information that are subject to the cautionary note associated with forward-looking statements and information at the end of this news release. The following tables provide Management's 2022 Guidance forecasts, as at August 10, 2022, including revised Gold Segment AISC and revised capital expenditures.
The live webcast, presentation slides and the Management's Discussion and Analysis for the period ended June 30, 2022 will be available at panamericansilver.com. An archive of the webcast will also be available for three months.
Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. Pan American provides enhanced exposure to silver through a large base of silver reserves and resources, as well as major catalysts to grow silver production. We have a 28-year history of operating in Latin America, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".
Learn more at panamericansilver.com.
Scientific and technical information contained in this news release have been reviewed and approved by Martin Wafforn, P.Eng., Senior Vice President Technical Services and Process Optimization, and Christopher Emerson, FAusIMM, Vice President Business Development and Geology, each of whom are Qualified Persons, as the term is defined in Canadian National Instrument 43-101
- Standards of Disclosure for Mineral Projects.
For additional information about Pan American's material mineral properties, please refer to Pan American's Annual Information Form dated February 23, 2022, filed at www.sedar.com, or the Company's most recent Form 40-F filed with the Securities and Exchange Commission.
In this news release, we refer to measures that are not generally accepted accounting principle ("non-GAAP") financial measures. These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning as prescribed by IFRS as an indicator of performance, and may differ from methods used by other companies with similar descriptions. These non-GAAP financial measures include:
- Cash Costs. Pan American's method of calculating cash costs may differ from the methods used by other entities and, accordingly, Pan American's Cash Costs may not be comparable to similarly titled measures used by other entities. Investors are cautioned that Cash Costs should not be construed as an alternative to production costs, depreciation and amortization, and royalties determined in accordance with IFRS as an indicator of performance.
- Adjusted earnings and basic adjusted earnings per share. Pan American believes that these measures better reflect normalized earnings as they eliminate items that in management's judgment are subject to volatility as a result of factors, which are unrelated to operations in the period, and/or relate to items that will settle in future periods.
- All-in Sustaining Costs per silver or gold ounce sold, net of by-product credits ("AISC"). Pan American has adopted AISC as a measure of its consolidated operating performance and its ability to generate cash from all operations collectively, and Pan American believes it is a more comprehensive measure of the cost of operating our consolidated business than traditional cash costs per payable ounce, as it includes the cost of replacing ounces through exploration, the cost of ongoing capital investments (sustaining capital), general and administrative expenses, as well as other items that affect Pan American's consolidated earnings and cash flow.
- Total debt is calculated as the total current and non-current portions of: long-term debt, finance lease liabilities and loans payable. Total debt does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. Pan American and certain investors use this information to evaluate the financial debt leverage of Pan American.
- Net cash is calculated as cash and cash equivalents plus short-term investments, other than equity securities less total debt.
- Working capital is calculated as current assets less current liabilities. Working capital does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. Pan American and certain investors use this information to evaluate whether Pan American is able to meet its current obligations using its current assets.
- Total available liquidity is calculated as the sum of Cash and cash equivalents, Short-term Investments, and the amount available on the Credit Facility. Total available liquidity does not have any standardized meaning prescribed by GAAP and is therefore unlikely to be comparable to similar measures presented by other companies. Pan American and certain investors use this information to evaluate the liquid assets available to Pan American.
Readers should refer to the "Alternative Performance (non-GAAP) Measures" section of Pan American's Management's Discussion and Analysis for the period ended December 31, 2021, for a more detailed discussion of these and other non-GAAP measures and their calculation.
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: future financial or operational performance, including our estimated production of silver, gold and other metals forecasted for 2022, our estimated Cash Costs and AISC, and our sustaining and project capital expenditures in 2022; the anticipated timing for metals production and sales, including the expectation with respect to production being weighted to the latter half of 2022 and the timing and amount of any future sales related to inventory build-ups; estimated recoverable amounts of cash generating units; expectations with respect to mineral grades and the impact of any variations relative to actual grades experienced; the impact of inflationary pressures on our operations and business, particularly for diesel and certain consumables, as well as the impacts related to disruptions in the supply chain; future anticipated prices for gold, silver and other metals and assumed foreign exchange rates; expectations with respect to the future anticipated impact of COVID-19 on our operations and the assumptions that the impact of COVID-19, including the Omicron variant, will be such that we will be able to maintain our workforce at near normal levels throughout 2022; whether Pan American is able to maintain a strong financial condition and have sufficient capital, or have access to capital through our corporate sustainability-linked credit facility or otherwise, to sustain our business and operations; and the ability of Pan American to successfully complete any capital projects, including, but not limited to, the La Colorada Skarn project, the expected economic or operational results derived from those projects, and the impacts of any such projects on Pan American; and Pan American's plans and expectations for its properties and operations.
These forward-looking statements and information reflect Pan American's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by Pan American, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include: the impact of inflation and disruptions to the global, regional and local supply chains; the world-wide economic and social impact of COVID-19 and the duration and extent of the COVID-19 pandemic and related restrictions, and the presence and impact of COVID-19 and COVID-19 related restrictions on our workforce, suppliers and other essential resources and what effect those impacts, if they change, would have on our business; the effect that the COVID-19 pandemic may have on our financial and operational results; the ability of Pan American to continue with its operations, or to successfully maintain our operations on care and maintenance, should the situation related to COVID-19 not be as anticipated; tonnage of ore to be mined and processed; future anticipated prices for gold, silver and other metals and assumed foreign exchange rates; the timing and impact of planned capital expenditure projects, including anticipated sustaining, project, and exploration expenditures; the ongoing impact and timing of the court-mandated ILO 169 consultation process in Guatemala; ore grades and recoveries; capital, decommissioning and reclamation estimates; our mineral reserve and mineral resource estimates and the assumptions upon which they are based; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions at any of our operations; no unplanned delays or interruptions in scheduled production; all necessary permits, licenses and regulatory approvals for our operations are received in a timely manner; our ability to secure and maintain title and ownership to mineral properties and the surface rights necessary for our operations; and our ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.
Pan American cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release and Pan American has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the duration and effect of local and world-wide inflationary pressures and the potential for economic recessions; the duration and effects of COVID-19, and any other pandemics on our operations and workforce, and the effects on global economies and society; fluctuations in silver, gold and base metal prices; fluctuations in prices for energy inputs, labour, materials, supplies and services (including transportation); fluctuations in currency markets (such as the PEN, MXN, ARS, BOB, GTQ and CAD versus the USD); operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom Pan American Silver does business; inadequate insurance, or inability to obtain insurance, to cover these risks and hazards; employee relations; relationships with, and claims by, local communities and indigenous populations; our ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations and government practices in the jurisdictions where we operate, including environmental, export and import laws and regulations; changes in national and local government, legislation, taxation, controls or regulations and political, legal or economic developments in Canada, the United States, Mexico, Peru, Argentina, Bolivia, Guatemala or other countries where Pan American Silver may carry on business, including risks relating to expropriation and risks relating to the constitutional court-mandated ILO 169 consultation process in Guatemala; diminishing quantities or grades of mineral reserves as properties are mined; increased competition in the mining industry for equipment and qualified personnel; and those factors identified under the caption "Risks Related to Pan American's Business" in Pan American Silver's most recent form 40-F and Annual Information Form filed with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities, respectively. Although Pan American has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Investors are cautioned against undue reliance on forward-looking statements or information. Forward-looking statements and information are designed to help readers understand management's current views of our near and longer term prospects and may not be appropriate for other purposes. Pan American does not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.
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SOURCE Pan American Silver Corp. | https://www.kxii.com/prnewswire/2022/08/10/pan-american-silver-reports-q2-2022-results/ | 2022-08-11T00:00:15Z |
- Creatd Partners' content marketing arm, Vocal for Brands, releases dynamic new design for its website and media kit, aimed at attracting high caliber brands.
- In addition to its premier storytelling ability, Vocal for Brands is equipped to leverage the influencers and audiences of Creatd's Vocal platform and WHE talent agency.
NEW YORK, May 16, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), a creator-first holding company and the parent company of Vocal, today unveiled the new positioning for Vocal for Brands, the content marketing arm of Creatd Partners, the pillar which houses the Company's agency businesses. The new Vocal for Brands positioning works to capture its shift toward a more integrated, cohesive agency offering, one that leverages the crucial connection between Vocal for Brands and its associated influencer marketing arm, WHE Agency ("WHE"). Creatd's business model captures multiple flywheel effects generated from the first-party data collected across its business pillars – including through the Vocal platform and its e-commerce arm, Creatd Ventures – a combination which creates a potent catalyst for driving success.
Having recently completed the full integration of WHE into Creatd Partners, the Company has since been able to employ a cross-pollination model, drawing from WHE's powerful influencer network and Vocal for Brands' storytelling capabilities to drive even further impact for Creatd Partners clients. The connectivity between Vocal for Brands and WHE has, over the course of nearly a year, worked to promote brand awareness and drive product sales for numerous companies, an effect that the Company expects to continue to replicate and strengthen.
In the last few months alone, Creatd Partners has facilitated influencer-driven collaborations for brands including Alfa Romeo, CBS, Amazon, Target, Disney, Warby Parker, CVS, Kay Jewelers, Walmart, Gerber, Masterclass, Procter & Gamble, Nike, and NFL. In addition, Vocal for Brands closed its largest campaign to date with Ollie, a direct-to-consumer pet food company, and has secured engagements with new clients including National Geographic, Nutrafol, and WW International Inc., among others.
To learn more about Creatd Partners' newly integrated agency offerings, visit the Vocal for Brands website and media kit.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology holding company and the parent company of the Vocal platform. Our mission is to empower creators, entrepreneurs, and brands through technology and partnership. We accomplish this through Creatd's four business pillars: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.
Creatd: https://creatd.com/ ;
Creatd IR: https://investors.creatd.com/ ;
Vocal Platform: https://vocal.media/ ;
Investor Relations Contact: ir@creatd.com
Forward-Looking Statements
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
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SOURCE Creatd, Inc. | https://www.wibw.com/prnewswire/2022/05/16/creatd-unveils-new-integrated-agency-offerings/ | 2022-05-16T13:09:54Z |
NEW YORK, May 9, 2022 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT) ("we", "LFT" or "the Company") today reported its first quarter 2022 results. GAAP net income attributable to common shareholders for the quarter was $1.8 million, or $0.05 per share of common stock. Distributable earnings for the quarter was $1.7 million, or $0.05 per share of common stock. The Company has also issued a detailed presentation of its results, which can be viewed at www.lumentfinancetrust.com.
Conference Call and Webcast Information
The Company will also host a conference call on Tuesday, May 10, 2022, at 8:30 AM ET to provide a business update and discuss the financial results for the first quarter of 2022. The conference call may be accessed by dialing 1-888-336-7151 (US) or 1-412-902-4251 (International). Note: there is no passcode; please ask the operator to be joined into the Lument Finance Trust call. A live webcast, on a listen-only basis, is also available and can be accessed through the URL:
For those unable to listen to the live broadcast, a recorded replay will be available for on-demand viewing approximately one hour after the end of the event through the Company's website https://lumentfinancetrust.com/ and by telephone dial-in. The replay call-in number is 1-877-344-7529 (US) or 1-412-317-0088 (International) with passcode 2306861.
Non-GAAP Financial Measures
In this release, the Company presents certain financial measures that are not calculated according to generally accepted accounting principles in the United States ("GAAP"). Specifically, the Company is presenting distributable earnings, which constitutes a non-GAAP financial measure within the meaning of Item 10(e) of Regulation S-K and is net income under GAAP. While we believe the non-GAAP information included in this press release provides supplemental information to assist investors in analyzing our results, and to assist investors in comparing our results with other peer issuers, these measures are not in accordance with GAAP, and they should not be considered a substitute for, or superior to, our financial information calculated in accordance with GAAP. The methods of calculating non-GAAP financial measures may differ substantially from similarly titled measures used by other companies. Our GAAP financial results and the reconciliations from these results should be carefully evaluated.
Distributable Earnings
Distributable Earnings is a non-GAAP measure, which we define as GAAP net income (loss) attributable to holders of common stock computed in accordance with GAAP, including realized losses not otherwise included in GAAP net income (loss) and excluding (i) non-cash equity compensation, (ii) depreciation and amortization, (iii) any unrealized gains or losses or other similar non-cash items that are included in net income for that applicable reporting period, regardless of whether such items are included in other comprehensive income (loss) or net income (loss), and (iv) one-time events pursuant to changes in GAAP and certain material non-cash income or expense items after discussions with the Company's board of directors and approved by a majority of the Company's independent directors. Distributable Earnings mirrors how we calculate Core Earnings pursuant to the terms of our management agreement between our Manager and us, or our Management Agreement, for purposes of calculating the incentive fee payable to our Manager.
While Distributable Earnings excludes the impact of any unrealized provisions for credit losses, any loan losses are charged off and realized through Distributable Earnings when deemed non-recoverable. Non-recoverability is determined (i) upon the resolution of a loan (i.e. when the loan is repaid, fully or partially, or in the case of foreclosures, when the underlying asset is sold), or (ii) with respect to any amount due under any loan, when such amount is determined to be non-collectible.
We believe that Distributable Earnings provides meaningful information to consider in addition to our net income (loss) and cash flows from operating activities determined in accordance with GAAP. We believe Distributable Earnings is a useful financial metric for existing and potential future holders of our common stock as historically, over time, Distributable Earnings has been a strong indicator of our dividends per share of common stock. As a REIT, we generally must distribute annually at least 90% of our taxable income, subject to certain adjustments, and therefore we believe our dividends are one of the principal reasons stockholders may invest in our common stock. Furthermore, Distributable Earnings help us to evaluate our performance excluding the effects of certain transactions and GAAP adjustments that we believe are not necessarily indicative of our current loan portfolio and operations, and is a performance metric we consider when declaring our dividends.
Distributable Earnings does not represent net income (loss) or cash generated from operating activities and should not be considered as an alternative to GAAP net income (loss), or an indication of GAAP cash flows from operations, a measure of our liquidity, or an indication of funds available for our cash needs.
About LFT
LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets.
LFT is externally managed and advised by OREC Investment Management, LLC d/b/a Lument Investment Management, a Delaware limited liability company.
Additional Information and Where to Find It
Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/ or the Company website www.lumentfinancetrust.com or by directing requests to: Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169, Attention: Investor Relations.
Forward-Looking Statements
Certain statements included in this press release, any related webcast / conference call, and other oral statements made by our representatives from time to time may constitute forward-looking statements intended to qualify for the safe harbor contained in 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 are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "project," "estimate," "plan," "continue," "intend," "should," "may," "will," "seek," "would," "could," or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. Forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us on the date of this press release or the date on which such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and/or any related webcast / conference call and should consider carefully the factors described in Part I, Item IA "Risk Factors" in our annual reports on Form 10-K, our quarterly reports on Form 10-Q, and other current or periodic filings with the Securities and Exchange Commission ("SEC"), when evaluating these forward-looking statements. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond our control. Additionally, many of these risks and uncertainties are currently amplified by and will continue to be amplified by, or in the future may be amplified by, the COVID-19 outbreak. Additional information concerning these and other risk factors are contained in our Annual Report on Form 10-K for the year-ended December 31, 2021, which is available on the Securities and Exchange Commission's website at www.sec.gov. Except as required by applicable law, we disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Lument Finance Trust, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/09/lument-finance-trust-reports-first-quarter-results/ | 2022-05-09T22:39:10Z |
– Quarterly GAAP Earnings of $0.67 and Distributable Earnings (DE) of $0.51 per Diluted Share –
– $3.8 Billion of Investment Activity, Including $2.2 Billion in Commercial Lending –
– Undepreciated Book Value Increased 26% Year-over-Year to $21.51 -
– Paid Dividend of $0.48 per Share –
GREENWICH, Conn., Aug. 4, 2022 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) today announced operating results for the fiscal quarter ended June 30, 2022. The Company's second quarter 2022 GAAP net income was $212.3 million, or $0.67 per diluted share, and Distributable Earnings (a non-GAAP financial measure) was $162.5 million, or $0.51 per diluted share. GAAP net income reflects unrealized increases in fair value of the Woodstar Fund's affordable housing investments, net of non-controlling interests. It also reflects unrealized reductions in the fair value of residential lending investments, which together resulted in a net increase to undepreciated book value in the quarter of $0.25(*).
"Our diversified platform delivered strong performance this quarter despite a turbulent equity and credit market backdrop. We closed on nearly $4 billion of new investments, growing our portfolio to a record of $27 billion. Book value increased again this quarter, driven in large part by our affordable housing assets which appreciated due to continued robust rent growth. Today, our commercial loan portfolio LTV stands at just 61%, a major cushion to possible adverse movements in equity cap rates, and is 99% floating rate, providing upside to higher rates. Moreover, the commercial loan book has dramatically changed in its constitution, from 13% in the resilient multifamily sector pre-COVID to more than one third multifamily at quarter end. Similarly, the proportion of loans in the more challenged office asset class has dropped from almost 40% to roughly half that today," stated Barry Sternlicht, Chairman and CEO of Starwood Property Trust.
"There are great opportunities for our enterprise as the banks take steps back from the lending market but we must be, as we have through each cycle since we created STWD in 2009, careful to balance growth against a cushion that is prudent in this volatile and uncertain world right now. In addition to our available funds, we believe we can access incremental capital through partial or full sales of our owned property assets or obtaining leverage on our unencumbered asset portfolio. As we always do, we will continue to balance growth and liquidity preservation for the remainder of the year," added Jeffrey DiModica, President of Starwood Property Trust.
(*) These fair values represent estimates and are subject to change. The fair value of the Woodstar Fund's investments is an estimate that is subject to future increases or decreases as property values are affected by, among other things, the availability of capital, occupancy rates, rental rates and interest and inflation rates. Similarly, residential lending investments are impacted by changes in interest rates and credit spreads, which could cause increases or decreases to fair value.
Supplemental Schedules
The Company has published supplemental earnings schedules on its website in order to provide additional disclosure and financial information for the benefit of the Company's stakeholders. Specifically, these materials can be found on the Company's website in the Investor Relations section under "Quarterly Results" at www.starwoodpropertytrust.com.
Webcast and Conference Call Information
The Company will host a live webcast and conference call on Thursday, August 4, 2022, at 10:00 a.m. Eastern Time. To listen to a live broadcast, access the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. The webcast is available at www.starwoodpropertytrust.com in the Investor Relations section of the website. The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in.
To Participate via Telephone Conference Call:
Dial in at least 15 minutes prior to start time.
Domestic: 1-877-407-9039
International: 1-201-689-8470
Conference Call Playback:
Domestic: 1-844-512-2921
International: 1-412-317-6671
Passcode: 13730650
The playback can be accessed through August 11, 2022.
About Starwood Property Trust, Inc.
Starwood Property Trust (NYSE: STWD) is a leading diversified finance company with a core focus on the real estate and infrastructure sectors. An affiliate of global private investment firm Starwood Capital Group, the Company has successfully deployed over $91 billion of capital since inception and manages a portfolio of $27 billion across debt and equity investments. Starwood Property Trust's investment objective is to generate attractive and stable returns for shareholders, primarily through dividends, by leveraging a premiere global organization to identify and execute on the best risk adjusted returning investments across its target assets. Additional information can be found at www.starwoodpropertytrust.com.
Forward-Looking Statements
Statements in this press release which are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are developed by combining currently available information with our beliefs and assumptions and are generally identified by the words "believe," "expect," "anticipate" and other similar expressions. Although Starwood Property Trust, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, the severity and duration of economic disruption caused by the COVID-19 global pandemic (including the emergence of new strains of the virus), completion of pending investments and financings, continued ability to acquire additional investments, competition within the finance and real estate industries, availability of financing and other risks detailed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as well as other risks and uncertainties set forth from time to time in the Company's reports filed with the SEC, including its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022.
In light of these risks and uncertainties, there can be no assurances that the results referred to in the forward-looking statements contained herein will in fact occur. Except to the extent required by applicable law or regulation, we undertake no obligation to, and expressly disclaim any such obligation to, update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events, changes to future results over time or otherwise.
Additional information can be found on the Company's website at www.starwoodpropertytrust.com.
Contact:
Zachary Tanenbaum
Starwood Property Trust
Phone: 203-422-7788
Email: ztanenbaum@starwood.com
Definition of Distributable Earnings
Distributable Earnings, a non-GAAP financial measure, is used to compute the Company's incentive fees to its external manager and is an appropriate supplemental disclosure for a mortgage REIT. For the Company's purposes, Distributable Earnings is defined as GAAP net income (loss) excluding non-cash equity compensation expense, the incentive fee due to the Company's external manager, acquisition costs from successful acquisitions, depreciation and amortization of real estate and associated intangibles and any unrealized gains, losses or other non-cash items recorded in net income for the period, regardless of whether such items are included in other comprehensive income or loss, or in net income and, to the extent deducted from net income (loss), distributions payable with respect to equity securities of subsidiaries issued in exchange for properties or interests therein. The amount is adjusted to exclude one-time events pursuant to changes in GAAP and certain other non-cash adjustments as determined by the Company's external manager and approved by a majority of the Company's independent directors.
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SOURCE Starwood Property Trust, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/starwood-property-trust-reports-results-quarter-ended-june-30-2022/ | 2022-08-04T12:06:33Z |
- Munich Re now endorses EvolutionIQ's claims guidance platform to the North American business partners and firms it reinsures
- Proprietary deep learning delivers comprehensive and continuous claims analysis, daily reprioritization and transparent decision-making guidance for examiners
- Partners' combined experiences and expertise help increase claim capacities and lower claim costs for insurers
NEW YORK, June 7, 2022 /PRNewswire/ -- EvolutionIQ and Munich Re North America Life (Munich Re) today announced they have entered into a strategic partnership to expand the use of next-generation artificial intelligence (AI)-based claims guidance to disability insurance carriers across North America. Under the agreement, Munich Re, as part of its insurance advisory services, will offer disability insurers in the U.S. and Canada direct access to EvolutionIQ's industry-leading claims guidance platform.
Leveraging advanced machine learning, EvolutionIQ's platform integrates with an insurer's system to monitor daily open claims, and then guide claims examiners to cases that require more attention, new actions, or complex decision-making. Insurance carriers and third-party administrators using EvolutionIQ for more than one year saw shorter claim cycles, which increases claimant satisfaction and allows for benefits to be paid faster; loss ratio reductions of up to 3.3 percent; and claim flow-through reductions, which measure movement from short-term disability to more costly long-term disability, of up to 45 percent – with all of the improvements directly attributable to EvolutionIQ.
This partnership will combine EvolutionIQ's advanced technology and Munich Re's deep expertise in disability insurance to help return disability claimants to work faster while reducing claim losses and expenses. Benefits of the partnership for insurance carriers include:
- Access to EvolutionIQ's dedicated team of experts for seamless program adoption
- Access to Munich Re's group and individual disability expertise and advisory services
- Rapid program deployment, with the platform typically operational in less than eight weeks
"Munich Re is the industry standard for reinsurance in the disability space, so they know firsthand how complex the sector is – and how ripe it is for modernization," said Michael Saltzman, COO and Co-Founder of EvolutionIQ. "We have long been impressed by Munich Re's digital transformation work and we are proud to be the claims guidance solution the company is recommending to their trusted partners and clients. Working together, we are going to dramatically increase claimant satisfaction, while simultaneously increasing efficiency and reducing costs in carrier claims departments."
"EvolutionIQ offers our industry a significant opportunity to control claim costs while delivering enhanced claimant satisfaction," said Mark Costello, Senior Vice President, Group and Living Benefits Reinsurance at Munich Re Life US. "Through this partnership, we have the opportunity to help our clients and their customers save money and reduce costs. We are excited to work with EvolutionIQ to deliver cutting-edge technology that delivers real business impact to our clients."
About EvolutionIQ
EvolutionIQ is the leading provider of claims guidance software. Using advanced, proprietary machine learning and natural language processing, the claims guidance platform actively monitors extremely complex bodily injury claims. The system combines real-time predictive accuracy, clear guidance and explainable AI, and EvolutionIQ's strategic deployment services to ensure adoption and business impact. As a result, EvolutionIQ claims organizations spend their efforts on claims they can impact – and their claimants get better, more tailored service. Insurers choose EvolutionIQ to increase their profitability and control over complex lines of business by integrating decision intelligence into every step of the claims handling process. For more information, visit www.evolutioniq.com and follow the company on LinkedIn.
About Munich Re
Munich Re is one of the world's leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the asset management company MEAG.
Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivaled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake through to the 2019 Pacific typhoon season.
Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, or cyberattacks. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world's most sought-after risk partners for businesses, institutions, and private individuals.
Press contacts
Jason Kapler
EvolutionIQ
Press@evolutioniq.com
(917) 740-5608
Michael McNamara
mimcnamara@munichre.com
Munich Re North America Life
(860) 549-6442
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SOURCE EvolutionIQ | https://www.mysuncoast.com/prnewswire/2022/06/07/evolutioniq-munich-re-north-america-life-partner-expand-use-next-generation-ai-based-claims-guidance/ | 2022-06-07T16:15:14Z |
CLEVELAND , July 6, 2022 /PRNewswire/ -- Dearborn®, a part of the Oatey family of companies, today announced that its True Blue® Bath Waste Kits are now available in Brass material, further expanding its already extensive offering of bath-waste kits.
Designed with the plumber in mind, the True Blue line is made with integrated locking features that reduce the number of tools needed for installation, saving time and eliminating frustration.
Dearborn® True Blue® Brass is ideal for markets where brass installations are required for commercial and residential applications. It is suitable for standard tub depths up to 16" and whirlpool depths up to 24". Dearborn® True Blue® Brass is available in rough and full kits with solder and slip joint connections. The full kit includes a test kit, chrome trim kit, overflow assembly, waste shoe assembly and a solder, or slip joint tee.
Constructed of brass, the True Blue Drain Spud is built for durability and longevity. Featuring two heavy-duty crossbars, it provides a greater flow rate than standard, four-crossbar designs. The Drain Spud can accept the trim veneer for easy finish change and replacement, and is compatible with all existing True Blue components.
True Blue Bath Waste is available in full, half, rough and trim kits with options for ABS or PVC and touch toe, uni-lift and push n' pull stopper choices. The trim kits come in designer finishes, including Matte Black, Chrome, White, Brushed Nickel, Oil Rubbed Bronze and Brushed Gold. Brass options are available with a standard slip-joint tee, NY tee, solder tee, and female outlet tee.
To learn more, visit oatey.com or your local wholesaler-distributor.
ABOUT OATEY CO.
Since 1916, Oatey has provided reliable, high-quality products for the residential and commercial plumbing industries, with a commitment to delivering quality, building trust and improving lives. Today, Oatey operates a comprehensive manufacturing and distribution network to supply thousands of products for professional builders, contractors, engineers and do-it-yourself consumers around the world.
Oatey is based in Cleveland, Ohio, and has locations in the United States, Canada, Mexico and China. For more information, visit www.oatey.com, call (800) 321-9532 or follow Oatey on Facebook, Twitter, LinkedIn or Instagram.
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SOURCE Oatey Co | https://www.kxii.com/prnewswire/2022/07/06/dearborn-true-blue-bath-waste-kits-now-available-brass-material/ | 2022-07-06T15:00:27Z |
Fund at Philadelphia Foundation Supports Housing Needs of Women
PHILADELPHIA, Aug. 9, 2022 /PRNewswire/ -- The VBC Giving Foundation (VBCGF) has just been awarded a $95,000 grant from Philadelphia Foundation's Coles House Fund to support its efforts to help female Veterans break the cycle of homelessness. The Coles House Fund grant is designated to supply security deposit, rent and utilities assistance to female Veterans seeking permanent housing at VBCGF's Veterans Village. The new 47-unit affordable housing community for Veterans, located at 5127 Duffield Street in Northeast Philadelphia's Frankford neighborhood, is the first project VBCGF has funded in fulfillment of its mission to provide high quality, dignified Supportive and Affordable Housing for those in need nationwide.
"We are so grateful for the support of Coles House Fund through the Philadelphia Foundation," said Dana Spain, president of VBCGF. "This donation will help female Veterans transition from shelters and recovery programs into permanent housing at Veterans Village. This funding will directly help these women break the cycle of homelessness."
"Women are assuming combat roles in the military," Spain noted. "It is imperative we support them when they return, as we see an increasing number of female Veterans come home with PTSD and other challenges. Having a safe, respectful place to call home is the first step to ensuring their future success."
The Coles House Fund, a Donor Advised Fund established at Philadelphia Foundation in 2002, traces its roots to a Young Women's Board Home Association founded in 1865 by Mary Coles to advance the ability of women to get jobs by providing them with safe, comfortable, and affordable housing when they came to Philadelphia for work or study.
The housing proved so popular that Coles secured donations to acquire four adjoining townhouses in the 900 block of Clinton Street that eventually accommodated 74 women. When the organization ceased operations after more than 135 years, the buildings – by then listed on the National Register of Historic Places – were sold, with the proceeds used to create the Philadelphia Foundation fund to support in perpetuity the housing needs of women in Philadelphia.
The VBC Giving Foundation was created by Volumetric Building Companies (VBC) to address the housing crisis in America, and to give back to the communities it serves. Through the foundation, VBC is creating an opportunity to bridge the housing gap and provide Supportive and Affordable Housing for those in need: special needs adults; Veterans; seniors; and working families, amongst other demographics.
The foundation is powered by VBC's robust national coalition of modular manufacturing companies, raw and finished materials suppliers, developers, and real estate experts across the country. With generations of combined experience, VBC is strategically poised to address the increasing need for Affordable and Supportive Housing by utilizing a proven, time-efficient, and environmentally sound method to deploy high-quality multi-family modular projects to all sectors in need, and to any community across the nation. These projects will ease the housing burden for municipalities and other agencies nationwide, contributing to long-lasting thriving neighborhoods.
Veterans Village (VV) is a 47-unit new construction permanent housing community for Veterans. As the first project spearheaded by the VBC Giving Foundation, VV will serve as a template for future housing projects for seniors, Veterans, special needs adults and other vulnerable populations across the country. The Joan & Bernard Spain Family Foundation donated the seed funding necessary to bring this project to fruition.
Founded in 1918, the Philadelphia Foundation strengthens the economic, social, and civic vitality of Greater Philadelphia. The Philadelphia Foundation grows effective philanthropic investment, connects individuals and institutions across sectors and geography, and advances civic initiatives through partnerships and collaboration. A publicly supported foundation, the Philadelphia Foundation manages more than 900 charitable funds established by its donors and makes over 1,000 grants and scholarship awards each year. To learn more, visit www.philafound.org
Media Contacts:
VBC Giving Foundation: Shelley Clark, sclark@platform-comm.com or
Teresa Lundy, teresa@tmlfirm.com.
Philadelphia Foundation: Betsy Anderson, banderson@philafound.org.
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SOURCE VBC Giving Foundation | https://www.mysuncoast.com/prnewswire/2022/08/09/coles-house-fund-grants-95000-vbc-giving-foundations-veterans-village-help-female-veterans-break-cycle-homelessness/ | 2022-08-09T18:13:37Z |
Silver Ray℠ is revealed as the cruise line's second Nova-class ship, due to set sail for Northern Europe and the Mediterranean in 2024
MONACO, July 28, 2022 /PRNewswire/ -- Silversea Cruises, the leading ultra-luxury cruise line, has unveiled its new 2024-2025 voyage collection, comprising 341 new sailings that will unlock 695 destinations in 120 countries between March 2024 and May 2025—bringing the total number of destinations in Silversea's portfolio to over 900. The expansive offering is the largest in the cruise line's history, with more options for guests thanks to a 56 percent increase in capacity by 2024 when compared to 2020. Eleven of Silversea's ultra-luxury ships will embark upon the new sailings, with additional voyages aboard Silver Endeavour℠ to be announced soon. The 2024/2025 voyage collection includes the inaugural season of Silver Ray, which will strengthen Silversea's commitment to sustainability when she debuts in summer 2024 as the cruise line's second Nova-class ship. Encompassing all corners of the world, the 2024-2025 itinerary collection includes an unprecedented variety of tailor-made experiences, immersive itineraries, and 25 maiden calls to inspire travelers' wanderlust.
Unveiling the new voyage collection, Silversea held an exclusive virtual premiere for selected guests and travel advisors on July 28, which incorporated a high-end fashion show. The cruise line challenged six celebrated designers to express the world's beauty through fashion, with each taking inspiration from the cultures, colors, and tastes of one region represented in the collection. Entitled 'Colour the World,' the innovative production was hosted by Fernando Barroso de Oliveira, Silversea's President's Ambassador to the Venetian Society, who presided over a catwalk-inspired journey through select destinations of the new collection. The event also featured a Q&A session with Roberto Martinoli, President and CEO, Barbara Muckermann, Chief Commercial Officer, and Conrad Combrink, SVP Expeditions, Destination and Itinerary Management, who shared their insight with curious guests and travel advisors.
"Our new voyage collection for summer 2024 and winter 2024/2025 reflects our guests' desire for new and unique experiences in the most iconic and remote destinations around the world," said Roberto Martinoli, President and CEO, Silversea Cruises. "Our new collection features 11 ships in our fleet—including Silver Ray, the second ship in our Nova class—with an increase in capacity of 56 percent by 2024 when compared to 2020; this will enable our guests to enjoy unprecedented choice in terms of ships and voyage options. Not only will these 341 new sailings immerse travelers deep into each destination, enabling even the most experienced travelers to discover lesser-visited destinations or venture off-season to rediscover the world from a new perspective, but they will also further expand Silversea's global reach. We also look forward to revealing new itineraries for Silver Endeavour, the most luxurious ship in expedition cruising, which will further diversify our industry-leading polar offering."
"In an industry first, we decided to reveal our new 2024/2025 itinerary collection with an exclusive fashion show," said Barbara Muckermann, Chief Commercial Officer, Silversea Cruises. "Not unlike haute couture, in which designers create exceptional collections that excite and inspire, we chose to 'colour the world' this year, unveiling our new itineraries by pairing featured regions with the unique interpretations of six celebrated designers to showcase the world's rich cultures, colors, and tastes. There are parallels between travel and fashion: both encourage a deep respect for diversity, an appreciation for different cultures, and an element of self-enrichment. I am proud of the powerful message that we have conveyed, and I hope our guests find inspiration for the experiences that await."
"Silversea has increased its industry-leading range of experiences with the launch of its largest itinerary collection to date for 2024/2025," said Conrad Combrink, SVP Expeditions, Destination and Itinerary Management, Silversea Cruises. "With 341 itineraries unlocking both Polar Regions, the South Pacific, Africa and the Indian Ocean, the Galapagos, and so much more, Silversea has once again demonstrated its destination leadership, immersing curious travelers into the world in a way that only we can."
The new 2024/2025 voyage collection includes the following highlights:
- The inaugural season of Silver Ray
The sister ship to Silversea's pioneering Silver Nova℠, Silver Ray will strengthen the cruise line's commitment to sustainability, incorporating a trio of power sources that include a fuel cell system, battery technology and dual fuel engines that will use liquefied natural gas as the main fuel. She will begin her inaugural season in May 2024 in Northern Europe and the Mediterranean. From the Atlantic Isles to the Greek Isles, a series of summer and autumn voyages, ranging from seven to 12 days, will feature a variety of options for travelers seeking to discover the region's cultural treasures, picturesque harbors, and storied cities. In December 2024, Silver Ray will cross the Atlantic to Fort Lauderdale to unlock the Caribbean and Central America for guests. Finally, a circumnavigation of South America, an Amazon River cruise, and a return to Fort Lauderdale will set the stage for a transatlantic crossing back to Europe, departing in April 2025.
- Six ships undertaking 19 voyages to Africa and the Indian Ocean, including all-new expeditions
An unprecedented six ships will explore more than 60 destinations in 23 countries in Africa and the Indian Ocean, with expedition options aboard Silver Cloud® and Silver Wind® complemented by voyages aboard Silver Dawn℠, Silver Muse®, Silver Whisper®, and Silver Spirit®. New expedition itineraries in South Africa will spotlight unique wildlife with game drives and water activities. A brand-new 18-day Silver Cloud voyage in April 2024 will explore East Africa's Indian Ocean islands, offering the chance to discover the fascinating coastal fishing culture of Madagascar's semi-nomadic Vezo people, marvel at the rich biodiversity of Madagascar's Kirindy Forest Reserve, and explore the ruins of Kilwa Kisiwani—a UNESCO World Heritage site in Tanzania. As well, six oceangoing voyages of 16 to 17 days will transit the Suez Canal. Two of these in November 2024, aboard Silver Spirit and Silver Whisper, will offer access to the Nabataean ruins of Hegra in northwest Saudi Arabia, a UNESCO World Heritage Site.
- 13 voyages to 59 destinations in the South Pacific Islands, including Hawaii and French Polynesia
In the pristine waters of the South Pacific, countless islands of great natural beauty are home to authentic cultures. Aboard expedition ship Silver Cloud and the oceangoing Silver Shadow and Silver Moon, guests will discover the remote region's lagoons, coral reefs, forests and waterfalls; visit local communities and learn about their customs; and admire the flora and fauna. Included among the 13 sailings are new programs spotlighting the islands of Hawaii and French Polynesia, including hidden gems like Fakarava. As well, Silver Cloud's expedition voyages will explore the cultures and secluded shores of Melanesia, Micronesia and Easter Island.
- 31 voyages to 19 countries in Northern Europe, including circumnavigations of Iceland
One expedition ship, Silver Wind, and three ocean-going ships, Silver Spirit, Silver Dawn and Silver Ray, will journey to the authentic beauty of 105 destinations in Northern Europe, from the most iconic cities of the Baltic Sea to the pristine fjords of Norway and the idyllic landscapes of the British Isles. More sailings will be devoted to the Norwegian fjords—a total of nine. Silver Dawn will offer guests the chance to experience coastal Norway amid the colorful foliage of autumn and, perhaps, witness the Northern Lights, while the North Cape will take center stage on a mid-June 2024 voyage. Silver Spirit will circumnavigate Iceland to reveal its stunning scenery, geothermal wonders, and Viking history on three voyages during summer 2024. And a collection of Atlantic Coast voyages will include a September 2024 sailing aboard Silver Spirit that will spend 14 days exploring the region's picturesque towns, historic sites and harvesting traditions.
- 67 voyages aboard five ships in the Mediterranean during an extended season
Charming seaside villages, ancient archaeological treasures, and world-renowned cuisine will be the focus of an extended season in the Mediterranean, spanning from March to December 2024. Ocean-going ships Silver Whisper, Silver Spirit, Silver Moon, Silver Dawn, and Silver Ray will call in 111 destinations in 20 countries. There are several iconic itineraries scheduled in the Greek Isles and Turkey, six voyages to the Holy Land, and, in September 2024, a brand-new voyage to the Balearic Islands aboard Silver Whisper—marking a return to Ibiza. Guests traveling aboard Silver Whisper and Silver Spirit in May will have the opportunity to experience the Monaco Grand Prix 2024 in style, with exclusive events. Silversea's innovative culinary program, S.A.L.T.® (Sea and Land Taste), will enrich the Mediterranean experience aboard select ships, as will the Otium® wellness program aboard Silver Moon, Silver Dawn and Silver Ray.
- Expanded variety in Alaska on 31 voyages designed to offer more time in ports
Silver Muse and Silver Nova will offer an expanded variety of options in Alaska, with 31 sailings devoted to exploring the region's incredible natural beauty and wildlife. A series of seven-day itineraries will showcase classic frontier towns, like Ketchikan and Sitka, as well as Valdez—gateway to the magnificent Columbia Glacier, the second largest tidewater glacier in North America. Several new extended voyages of 10 and 11 days feature longer stays in Juneau to discover one of the largest wilderness areas in the United States, as well as the iconic Mendenhall Glacier and the Mendenhall Ice Caves. Also highlighting the new Alaska program are Silver Muse's 14-day combination voyages, which link back-to-back cruises of seven days to create one unforgettable journey.
- Brand new summer voyages in Canada and New England, featuring longer itineraries
Quaint villages, historic lighthouses, and blazing autumn foliage are among the many treasures to be discovered on a cruise to Canada and New England. Silversea's new full-summer program offers longer, 12-day itineraries—designed to spotlight the region's summer festivals, rich colonial and maritime history, windswept coastlines, and the scenic mountain peaks of Acadia National Park. These itineraries aboard Silver Shadow include overnight calls in Québec or Boston, as well as an exploration of the rugged, natural beauty of the rarely visited Îles de la Madeleine Archipelago or a visit to Saint John, New Brunswick, with its spectacular Reversing Falls. During autumn, a series of shorter, 10-day voyages will focus on the area's most iconic cities, such as Halifax and Boston, while offering the chance to witness the colorful autumn foliage.
- 8 expeditions to the Arctic and Greenland, with a 24-day crossing of the Northwest Passage
Home to long summer nights and housing some of the world's most fascinating wildlife, the Arctic is Mother Nature's playground. In the summer of 2024, Silver Wind will explore the Arctic and Greenland on eight expedition voyages. Among the highlights are a collection of nine-day cruises that will journey to the glaciers and frozen tundra of Norway's Svalbard Archipelago, a haven for polar bears. Longer 12-day expeditions will also feature Iceland, the land of fire and ice. In-depth expeditions to Greenland and Arctic Canada offer the chance to experience authentic Inuit culture and spot an abundance of wildlife, from walruses, polar bears and bowhead whales, to orcas, narwhals, and beluga whales. Other highlights include a 24-day crossing of the fabled Northwest Passage aboard Silver Wind and a new 18-day expedition spotlighting wild Alaska. - 21 departures for Antarctica, with the opportunity to cruise Cape Horn from Puerto Williams
Few adventures stir the imagination as much as an expedition to the White Continent and the remote islands of the Southern Ocean, from the Antarctic Peninsula and the South Shetland Islands to South Georgia and the Falkland Islands. Both Silver Cloud and Silver Wind will unlock the region's natural treasures on 21 expedition cruises, featuring an industry-high ratio of onboard expedition experts, complemented by an industry-high ratio of Zodiacs—ensuring guests are immersed into the destinations. Convenient six-day Antarctica Bridge options enable guests to skip the Drake Passage and fly in business-class comfort straight to Antarctica to start their cruise. Antarctic Peninsula voyages of 10 and 12 days offer the chance to cruise the iconic Cape Horn from the preferable gateway of Puerto Williams. Longer voyages calling in South Georgia and the Falkland Islands abound in opportunities to witness orcas, sea lions, seals and five different kinds of penguins.
- 25 departures for Australia and New Zealand, with regional debuts of Silver Nova and Silver Cloud
With 25 voyages scheduled aboard expedition ship Silver Cloud and the ocean-going Silver Muse and Silver Nova—including inaugural seasons for Silver Nova in Australia and Silver Cloud in The Kimberley region—2024 promises Silversea's largest-ever program in Australia and New Zealand. To mark her first season down under, Silver Nova will offer a set of seven longer and more diverse itineraries, exploring the coast of Australia, New Zealand, Melanesia and Micronesia, while shorter voyages that will focus on Australia and New Zealand highlight Silver Muse's schedule. The Kimberley's thundering waterfalls, sun-scorched gorges and 40,000 years of Aboriginal history are all on tap for Silver Cloud's debut in the remote coastal region, offering guests unforgettable experiences.
Other noteworthy deployments include a set of 27 voyages devoted to Asia, including Silver Nova's inaugural calls in the continent; 10 voyages to South America, including Silver Ray's debut in the land of the Inca, the Amazon and the tango; 18 voyages to the Caribbean and Central America aboard Silver Shadow and Silver Moon, as well as Silver Ray's inaugural voyage to the region; and 52 expeditions aboard Silver Origin, which will take guests closer to the natural wonders of the Galápagos Islands.
In the coming weeks, Silversea will announce additional itineraries for the newest addition to its expedition fleet, Silver Endeavour, which will extend beyond the upcoming Antarctica season.
Watch the virtual premiere of Silversea's new voyage collection for 2024/2025, featuring Fernando Barroso de Oliveira, Silversea's President's Ambassador to the Venetian Society:
https://youtu.be/hJpkJSaIeKU
View Silversea's new 2024/2025 itineraries and learn more about Silversea's all-inclusive offering:
https://www.silversea.com/lp-new-itineraries-2024-2025.html
Please note: the pre-sale for Silversea's new 2024/2025 voyages opens today to all Venetian Society members, while sales open to the general public on August 11, 2022.
With the launch of Silversea's new 2024/2025 itineraries on July 28, the cruise line's guests will—for the first time—be able to book their shore excursions immediately, via my.Silversea.com, for all published sailings.
About Silversea Cruises
Silversea Cruises is recognized as an innovator in the ultra-luxury cruise industry, offering guests large-ship amenities aboard its intimate, all-suite vessels: Silver Dawn, Silver Shadow℠, Silver Whisper®, Silver Spirit®, Silver Muse®, and Silver Moon℠ – all designed to offer an atmosphere of conviviality and casual elegance. With the inclusion of the expedition ships Silver Origin®, Silver Wind®, Silver Explorer®, and Silver Cloud®, Silversea's itineraries encompass all seven continents and feature worldwide luxury cruises to the Mediterranean, the Caribbean, the Galápagos, both Polar Regions, and hundreds of fascinating destinations in between. Silversea is also looking forward to the launch of two new ultra-luxury Nova-class ships. Silversea Cruises is one of five cruise brands owned by global cruise company Royal Caribbean Group (NYSE: RCL).
About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 63 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. Learn more at www.royalcaribbeangroup.com or www.rclinvestor.com.
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SOURCE Silversea Cruises | https://www.kxii.com/prnewswire/2022/07/28/colour-world-silversea-sews-culture-color-taste-into-its-largest-ever-voyage-collection-20242025-with-haute-couture-catwalk/ | 2022-07-28T16:01:24Z |
Hundreds of Styles from More Than 60 Designers Now Available on SaksOFF5TH.com
NEW YORK, July 28, 2022 /PRNewswire/ -- Saks OFF 5TH, the premier luxury off-price destination, has partnered with Rent the Runway, the largest shared designer closet, to provide Saks OFF 5TH customers access to pre-owned designer fashion for the first time directly from Rent the Runway.
A curated collection of pre-owned merchandise from Rent the Runway is now available on SaksOFF5TH.com, spanning hundreds of styles from more than 60 designer brands. Customers can browse items for work, vacation, date night and more all at up to 85% off*.
"At Saks OFF 5TH, we're focused on providing access to designer fashion at an incredible value and we continue to look for innovative ways to expand our offering and deliver on that promise for our customers," said Paige Thomas, President and CEO, Saks OFF 5TH. "Through this unique relationship with Rent the Runway, we're introducing new brands, providing exceptional deals and offering pre-owned apparel from a trusted partner that resonates with our customers."
A recent survey conducted with Saks OFF 5TH customers revealed that more than 70 percent of respondents previously purchased pre-owned clothing, shoes or accessories. Furthermore, 80 percent of those customers indicated that they want the opportunity to purchase pre-owned fashion directly from Saks OFF 5TH. To cater to its customers and provide a seamless experience, SaksOFF5TH.com will now feature a dedicated 'pre-owned' section that will highlight Rent the Runway's extensive inventory assortment so shoppers can find items with ease.
"This partnership with Saks OFF 5TH bolsters and reinforces Rent the Runway's mission to introduce an even wider audience to the immense value–both environmental and financial–of pre-loved fashion," said Jennifer Hyman, CEO and Co-Founder, Rent the Runway. "Whether renting or shopping resale, the secondhand economy is a critical part of creating a more sustainable future for our industry. Saks OFF 5TH is known for offering incredible designer goods at great prices, which is a fantastic launch pad to educate more consumers, and help to extend the life of these garments."
Today, Rent the Runway customers can rent à la carte, subscribe to fashion or shop resale. This partnership with Saks OFF 5TH is an extension of Rent the Runway's existing resale offering, which broadens RTR's funnel of potential customers and offers consumers another way to experience its designer inventory.
All items have been deemed 'excellent condition' by Rent the Runway and will be identified on SaksOFF5TH.com by a Rent the Runway-specific badge. Rent the Runway's garment science team uses data to optimize cleaning programs and methods to increase garment longevity. By purchasing pre-owned styles from the Rent the Runway assortment, Saks OFF 5TH customers will be contributing to a more circular fashion economy.
*The reference price for Rent the Runway items is either the original manufacturer's suggested price that retailers sell the item in new condition, or is otherwise based on an evaluation of prices for new comparable merchandise sold elsewhere in the marketplace.
Saks OFF 5TH is the premier destination for luxury off-price fashion. In its approximately 100 stores in the U.S. and Canada, and online, at SaksOFF5TH.com, the brand offers a compelling assortment of designers to fashion-seeking customers at the best prices.
Shop on SaksOFF5TH.com and the Saks OFF 5TH app, or visit SaksOFF5TH.com to find a store location near you.
Founded in 2009, Rent the Runway is disrupting the trillion-dollar fashion industry and changing the way women get dressed through the Closet in the Cloud, the world's first and largest shared designer closet. RTR's mission has remained the same since its founding: powering women to feel their best every day. Through RTR, customers can subscribe, rent items a-la-carte and shop resale from over 800 designer brands. The Closet in the Cloud offers a wide assortment of millions of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods and kidswear. RTR has built a two-sided discovery engine, which connects deeply engaged customers and differentiated brand partners on a powerful platform built around its brand, data, logistics and technology. Under CEO and Co-Founder Jennifer Hyman's leadership, RTR has been named to CNBC's "Disruptor 50" five times in ten years, and has been placed on Fast Company's Most Innovative Companies list four times, while Hyman herself has been named to the "TIME 100: Most Influential People in the World" and as one of People Magazine's "Women Changing the World."
Forward-looking statements include all statements that are not historical fact, including statements related to the items that will be available on SaksOFF5TH.com and how customers' purchases will contribute to a circular economy. Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from expectations. These risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled "Risk Factors" in Rent the Runway's Quarterly Report on Form 10-Q for the quarter ended April 30, 2022, and subsequent reports that Rent the Runway files with the Securities and Exchange Commission. Forward-looking statements represent Rent the Runway's beliefs and assumptions only as of the date of this post. Rent the Runway disclaims any obligation to update forward-looking statements, except as required by law.
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SOURCE Saks OFF 5TH | https://www.kxii.com/prnewswire/2022/07/28/saks-off-5th-partners-with-rent-runway-offer-pre-owned-fashion/ | 2022-07-28T13:05:42Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Silverback Therapeutics, Inc. (NASDAQ: SBTX)'s merger with ARS Pharmaceuticals, Inc. Under the terms of the merger agreement, assuming that Silverback's net cash at closing is $240 million, Silverback equity holders are expected to own approximately 37% of the combined company. If you are a Silverback shareholder, click here to learn more about your rights and options.
Infrastructure & Energy Alternatives, Inc. (NASDAQ: IEA)'s sale to MasTec for $10.50 per share in cash and 0.0483 of a MasTec share for each IEA share. If you are an IEA shareholder, click here to learn more about your rights and options.
PBF Logistics LP (NYSE: PBFX)'s sale to PBF Energy Inc. for 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest. If you are a PBF Logistics shareholder, click here to learn more about your rights and options.
Resolute Forest Products Inc. (NYSE: RFP)'s sale to Domtar Corporation. If you are a Resolute shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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Contact Information:
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SOURCE Halper Sadeh LLP | https://www.kxii.com/prnewswire/2022/08/08/shareholder-investigation-notice-halper-sadeh-llp-investigates-sbtx-iea-pbfx-rfp/ | 2022-08-08T04:57:26Z |
Average US gasoline price falls 32 cents to $4.54 per gallon
CAMARILLO, Calif. (AP) - The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also fall.
“Further drops at the pump are likely as the wholesale gasoline price cuts continue making their way to street level,” Lundberg said in a statement.
The average price at the pump is down 55 cents over the past six weeks, but it’s $1.32 higher than it was one year ago.
Nationwide, the highest average price for regular-grade gas was in Los Angeles, at $5.65 per gallon. The lowest average was in Baton Rouge, Louisiana, at $3.90 per gallon.
According to the survey, the average price of diesel dropped 22 cents over two weeks to $5.55 a gallon.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/25/average-us-gasoline-price-falls-32-cents-454-per-gallon/ | 2022-07-25T03:33:15Z |
International investment fund IDC Ventures leads this series B financing round to drive the company's growth and strengthen its positioning as the leading digital payments and embedded financial services platform for all Mexicans
MEXICO CITY , July 6, 2022 /PRNewswire/ -- UnDosTres, the Mexican fintech leader in airtime top-ups, service payments and entertainment purchases, has announced the closing of a Series B investment round led by IDC Ventures for US$30 million. New investors such as Telegraph Hill Capital, AI8 Ventures and Benber LP have participated in the transaction, as have some of the company's existing investors such as IGNIA and Dalus Capital. This is the third round of investment the company has received since its founding in 2015.
UnDosTres goal is to integrate financial solutions into a digital platform, which mitigates inefficiencies associated with payments. The company's growth plan contemplates the development of a strategy of digital financial products based on technologies such as artificial intelligence and the promotion of differentiated payment ecosystems, which generate added value for the end consumer.
"We are very proud to close this round of financing led by IDC Ventures. This investment will allow us to offer Mexicans new payment options and financial services, including credit products" says Arpit Gupta, co-founder of UnDosTres. "UnDosTres has worked on innovative solutions to make life easier for Mexicans, eliminating inefficiencies related to traditional payments that meant a great waste of time in lines and unnecessary trips to multiple places like banks or convenience stores.... We are sure that as a company, if we continue solving for payments, we will be integrated into the daily life of the user".
The company was created in Mexico in 2015 by entrepreneurs Vikram Deswal, Naveen Sharma and Arpit Gupta and since then it has become one of the most important transactional platforms in the country; only in the last twelve months almost 1,000,000 users used UnDosTres to make their payments. From the beginning, the company was committed to developing a platform that would solve payment needs for Mexicans from the same place and without friction to use it, including more than 100 services, such as payments of electricity bills, water, gas, television or cell phone bills, among others. In addition, UnDosTres also allows the user to buy thousands of products and services (gift cards, movie tickets, transportation, electronics, etc.) and is in an accelerated process of developing financial and technological products under the premise "simple, fast, easy and secure" for the consumer.
"UnDosTres is building a super payments app, offering innovative and intuitive digital products to Mexicans," said Alejandro Rodriguez, managing partner at IDC Ventures. "We are excited to support a company that is actively improving the lives of so many people by revolutionizing the payments landscape in Mexico. As of today, 85% of Mexicans have never made online payments, we expect this to change soon thanks to UnDosTres".
"With this investment and technology development we will continue our consolidation and exposure as the digital consumer payments platform and the acceleration of a customer friendly solution for integrated financial services to reach that 40% of Mexicans who have not yet made any online transactions." Naveen Sharma, co-founder of UnDosTres, concluded.
UnDosTres is the leading platform in Mexico, founded in 2015, in free time recharges, payment of services and purchase of entertainment. It currently has more than 100 providers within its mobile application and web version, offering a unique experience to the consumer due to its speed, ease and comfort. Within its varied portfolio, there are telephone recharges, payment of water, electricity, television, fixed telephony, gas, electricity, purchase of gift cards, and electronics, in addition to offering microloans. Meet UnDosTres at: www.undostres.com.mx
IDC Ventures is an investment fund that finances innovative, digital and disruptive projects. IDC Ventures focuses on companies in the fintech and marketplace verticals in Europe, the United States, and Latin America. To date, it has raised more than 400 million dollars for technology companies and has supported projects such as Curve, Bipi, RecargaPay, Merqueo or Securitize among others. For more information visit: www.idcventures.com.
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Press contact:
Lourdes Pique Huguet
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lourdes.pique@gpscom.com
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SOURCE UnDosTres | https://www.kxii.com/prnewswire/2022/07/06/payments-top-up-platform-undostres-raises-us30-million-develop-new-financial-products/ | 2022-07-06T16:35:23Z |
SAN ANTONIO, Sept. 14, 2022 /PRNewswire/ -- Seventy-two percent of Americans would experience financial difficulty if their paychecks were delayed for a week, according to results from the 2022 "Getting Paid In America" survey conducted by the American Payroll Association (APA). This is a nine percent increase from the 63 percent of individuals who indicated they were living paycheck to paycheck in 2021 the survey.
"Now more than ever, employees should educate themselves on ways they can take hold of their finances," said Dan Maddux, executive director of the APA. "More take-home pay can be used to boost their emergency savings now to be better prepared for the future."
The annual survey asked respondents how difficult it would be to meet their current financial obligations if their paychecks were delayed for a week. Approximately 20,079 out of 27,642 respondents to the question, 72 percent, said they would find it either somewhat or very difficult to meet their financial obligations.
"That a majority of respondents reported they would have at least some difficulty meeting current financial obligations if their pay is delayed shows how narrow a margin for error they have in managing their finances. On-demand pay programs assist workers with making it to the next payday without damaging their financial status," said Michael Baer, CPP, special advisor at DailyPay.
On its National Payroll Week website, the APA offers educational resources and tools to help individuals better understand how to get more from their pay, make strategic withholding decisions, and better plan for their financial goals today and tomorrow.
"Increasingly, we're seeing leading organizations offer on-demand pay to support employee financial wellness, drive engagement, and boost their reputations as employers of choice," said Seth Ross, general manager of Dayforce Wallet and consumer services at Ceridian.
The "Getting Paid In America" survey was held in conjunction with the APA's annual public awareness campaign National Payroll Week, September 5 – 9. Over 29,100 individuals responded to the survey, providing insight into how individuals are paid in America. For complete survey results, visit www.nationalpayrollweek.com.
The APA is the nation's leader in payroll education, publications, and training. Visit the APA online at www.americanpayroll.org.
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SOURCE The American Payroll Association | https://www.kxii.com/prnewswire/2022/09/14/number-americans-living-paycheck-paycheck-has-increased/ | 2022-09-14T23:40:36Z |
HONG KONG, July 6, 2022 /PRNewswire/ -- Global Cord Blood Corporation (NYSE: CO, "GCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services, today announced that an injunction order (the "Order") previously obtained by the Company on June 15, 2022 from the Grand Court of the Cayman Islands (the "Court") against Blue Ocean Structure Investment Company Limited ("Blue Ocean") was officially issued by the Court on July 6, 2022. The Order provides, among other things, that:
Until further order of the Court, any resolution or resolutions ("Resolutions") that might be passed or purported to be passed at any extraordinary general meeting of the Company to be held or purporting to be held on June 16, 2022 ("the Purported EGM") or other meeting held or purporting to be held pursuant to a Notice of Extraordinary General Meeting dated June 3, 2022 (on June 16, 2022 or any other date) shall not take effect and shall not be implemented, and Blue Ocean must not:
- rely or purport to rely upon any such Resolutions; and/or
- seek to convene or convene any extraordinary general meeting of the Company or other meeting.
There will be a further hearing in respect of the Order and other matters on July 13-15, 2022. The Company cautions its shareholders and others considering trading its ordinary shares to remain alert to the risks related to the present proceedings. The Company looks forward to providing investors with an update as and when it is appropriate to do so.
About Global Cord Blood Corporation
Global Cord Blood Corporation is an umbilical cord blood banking operator serving multiple regions in China. Global Cord Blood Corporation provides cord blood collection, laboratory testing, hematopoietic stem cell processing and stem cell storage services. For more information, please visit the Company's website at: http://www.globalcordbloodcorp.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or the Company's future financial performance. The Company has attempted to identify forward-looking statements by terminology including "anticipates", "believes", "expects", "can", "continue", "could", "estimates", "intends", "may", "plans", "potential", "predict", "should" or "will" or the negative of these terms or other comparable terminology. These statements are only predictions, uncertainties and other factors may cause the Company's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. The information in this press release is not intended to project future performance of the Company. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company does not guarantee future results, levels of activity, performance or achievements. The Company expectations are as of the date this press release is issued, and the Company does not intend to update any of the forward-looking statements after the date this press release is issued to conform these statements to actual results, unless required by law.
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SOURCE Global Cord Blood Corporation | https://www.kxii.com/prnewswire/2022/07/06/global-cord-blood-corporation-obtained-injunction-order-against-blue-ocean-respect-purported-egm/ | 2022-07-06T21:06:53Z |
WELLINGTON, New Zealand (AP) — New Zealand’s government said Monday it will help pay for lower-income families to scrap their old gas guzzlers and replace them with cleaner hybrid or electric cars as part of a sweeping plan to reduce greenhouse gas emissions.
The government said it plans to spend 569 million New Zealand dollars ($357 million) on the trial program as part of a larger plan that includes subsidies for businesses to reduce emissions, a switch to an entirely green bus fleet by 2035 and curbside food-waste collection for most homes by the end of the decade.
“This is a landmark day in our transition to a low emissions future,” Prime Minister Jacinda Ardern said in a statement. “We’ve all seen the recent reports on sea level rise and its impact right here in New Zealand. We cannot leave the issue of climate change until it’s too late to fix.”
The plan represents a step toward the pledges the nation made under the 2016 Paris Agreement on climate change and New Zealand’s stated goal of achieving net-zero carbon emissions by 2050.
Ardern, who was scheduled to launch the plan but cancelled after testing positive for COVID-19 late last week, said every community and sector had a role to play and that reducing reliance on fossil fuels would help shield households from volatile price hikes.
The plan also sets a target of reducing total car travel by 20% over the next 13 years by offering better transportation options in cities as well as improved options for cyclists and walkers.
The programs will be paid for from a 4.5 billion New Zealand dollar ($2.8 billion) climate emergency response fund. Officials said that over time, money collected from polluters would pay for the programs rather than taxes from households.
But the plan remained short on some details, including for the gas guzzler replacement plan which the government said would be finalized over the coming months.
And some critics said it continued to give an easy ride to the nation’s huge agriculture industry, which creates about half of the nation’s total greenhouse gas emissions but is also vital to the economy as the nation’s biggest export earner.
“Some of the policies announced, like the cash-for-clunkers system, are proven to be dogs and have been tried and failed overseas,” said David Seymour, leader of the libertarian ACT Party.
Seymour said consumers should be able to choose how they reduce emissions through the market-based emissions trading scheme. | https://cw33.com/technology/ap-technology/new-zealand-to-help-pay-for-cleaner-cars-to-reduce-emissions/ | 2022-05-16T23:50:15Z |
66% of SAP users say the biggest hurdle is aligning business, project, and IT teams
BONN, Germany and BOSTON, July 28, 2022 /PRNewswire/ -- LeanIX, a leading platform enabling continuous transformation of corporate and product IT, today announced the findings of its SAP S/4HANA 2022 Survey. The report reveals that organizations need to view the SAP S/4HANA transformation as more than a technical upgrade — it is a business imperative. The report also found that the inherent complexity of the ERP landscape and its connection to the broader IT landscape complicates and slows down the transformation process. As a result, many organizations have barely started the transformation — and time is running out.
The survey looked at the challenges companies face in the transformation process, the primary drivers of SAP S/4HANA transformation, the phases and timing of SAP S/4HANA transformation, the levels of customization in existing ERP systems, the state of collaboration between SAP & EA teams, and the appropriate involvement of EAs in the transformation process.
Key findings from the report include:
- Over half the respondents (54%) see the move to S/4HANA as a business transformation, not a technical upgrade. Respondents also identified enterprise architect management and business process modeling as the disciplines most critical to the process.
- When it comes to ERP, companies face a lot of complexity. Over 70% of companies run more than one ERP system and more than half of the companies surveyed use ERP systems from more than one vendor.
- About half of the respondents said both identifying interdependencies between ERP and non-ERP landscapes and defining the target architecture as the top challenges faced in in their SAP S/4HANA transformation. These challenges arise in part from the fact that fewer than 20% of respondents can establish an overview of their entire software landscape in under a month.
- To complete a successful transformation, collaboration is essential. The biggest obstacle to transformation? Aligning business, project, and IT teams, say two-thirds of those surveyed. Less than half (38%) of EAs describe their involvement in the SAP S/4HANA transformation as sufficient, which represents a drop from the level of involvement reported in last year's LeanIX SAP S/4HANA survey (47%).
"Time is running out for organizations that plan on moving to SAP S/4HANA," said André Christ, CEO and Co-Founder of LeanIX. "With only a third of those surveyed saying they will complete their transformation within the planned timeframe, organizations need to focus on actions that will accelerate the process. Enabling effective collaboration between business, project, and IT teams is the critical step they need to take. This will not only speed things up, but will also ensure that the transformation delivers lasting business value."
For more information about LeanIX, visit www.leanix.net
Survey Methodology
In April and May 2022, 100 IT experts from international enterprises participated in an online survey conducted by LeanIX and focused on the transformation process, ERP systems, the importance of collaboration and the challenges faced. For readability, the results in this report are presented as rounded percentages.
About LeanIX
LeanIX's Continuous Transformation Platform® is trusted by Corporate IT and Product IT to achieve comprehensive visibility and superior governance. Global customers organize, plan and manage IT landscapes with LeanIX's automated and data-driven approach. Offering Enterprise Architecture, SaaS Management, and Value Stream Management, LeanIX helps organizations make sound decisions and accelerate transformation journeys. LeanIX has hundreds of customers globally, including Adidas, Atlassian, Bosch, Dropbox, Santander and Workday. The company is headquartered in Bonn, Germany, with offices in Boston and around the world.
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SOURCE LeanIX | https://www.kxii.com/prnewswire/2022/07/28/leanix-survey-reveals-only-12-sap-users-have-finished-sap-s4hana-transformation/ | 2022-07-28T13:02:59Z |
The British Open is scheduled for Royal Liverpool, Royal Troon and Royal Portrush over the next three years. The Old Course at St. Andrews typically is used every five years.
That adds to the perspective of Tiger Woods playing this year.
When he said Tuesday that “this is a pretty historic Open,” Woods just as well could have been talking about himself as the 150th anniversary of golf’s oldest championship.
“I’m lucky enough to be part of the past champions that have won there, and want to play there again, and I don’t know when they are ever going to go back while I’m still able to play at a high level,” Woods said at the J.P. McManus Pro-Am in Ireland. “I want to be able to give it at least one more run at a high level.”
Woods won in 2000 by eight shots to complete the career Grand Slam at age 24. He won again in 2005 to complete a different kind of slam. Each time Jack Nicklaus played a major for the last time, Woods won.
He is 46 and still walking gingerly at times from his right leg and ankle being pieced back together following his February 2021 car crash outside of Los Angeles.
Woods returned to play the Masters and PGA Championship, both times making the cut, though he withdrew after the third round at Southern Hills. He skipped the U.S. Open, though not necessarily by choice.
“The plan was to play the U.S. Open, but physically I was not able to do that,” Woods said at Adare Manor. “There’s no way physically I could have done that. I had some issues with my leg and it would have put this tournament in jeopardy, and so there’s no reason to do that.”
That he is even playing is remarkable considering the nature of his injuries, particularly the threat of having part of his leg amputated, which doctors were able to avoid.
He has no idea how much longer he can play, or at least compete. Woods is unlikely to tee it up after the British Open until December, either at his Hero World Challenge in the Bahamas or what has become his fifth major, the PNC Championship with son Charlie.
“If you asked me last year whether I would play golf again, all of my surgeons would have said, ‘No,’” Woods said. “Now if you say, ‘Play at a championship level,’ well, that window is definitely not as long as I would like it to be.”
PAIRINGS PARTY
Branden Grace of South Africa, coming off a $4 million prize from winning the LIV Golf event in Oregon, was among those with LIV contracts who were added to the Scottish Open field. He joins Ian Poulter, Adrian Otaegui and Justin Harding, who won a temporary stay from European tour suspensions.
Will that lead to awkward moments? Not really. The European tour put Harding and Otaegui as a twosome in the first tee time of the tournament, which starts Thursday. Poulter and Grace play as a twosome in the first group out Thursday afternoon.
As for awkward, that might be found in the group of Collin Morikawa, Matt Fitzpatrick and Will Zalatoris. It was only a few weeks ago when Zalatoris played with Fitzpatrick in the final group at Brookline and missed a 15-foot putt on the last hole to finish one behind.
OPEN RAILING
The grand celebration of the 150th anniversary of the British Open coincides with a dispute between ScotRail and ASLEF, the union for train drivers.
As a result, the R&A has contacted ticket holders to advise they travel to the Old Course by road or alternative public transport. Nearly 300,000 spectators are expect for the British Open next week.
ScotRail has limited service because of the dispute. It said trains between Edinburgh, Dundee and Aberdeen to Leuchars — the closest station to St. Andrews — would run every hour on tournament days.
The R&A said it will increase capacity at park-and-ride facilities to cope with more cars. Travel time to the Old Course is likely to take a lot longer.
“Due to circumstances out of our control, we have no choice but to urge fans to not travel by rail to The Open and to use alternative means of transport to get to and from St. Andrews next week,” said Johnnie Cole-Hamilton, executive director of championship at the R&A. “There is a risk that fans who travel by train may find there are no services to get them home.”
RYDER CUP RAMIFICATIONS
Ryder Cup captain Zach Johnson illustrated why it will be difficult for Brooks Koepka, Dustin Johnson, Bryson DeChambeau — yes, even Talor Gooch — to be on the U.S. team a year from September in Italy.
Johnson said last week at the John Deere Classic that to be one of six qualifiers or be considered for a captain’s pick, players must earn Ryder Cup points through the PGA of America, which requires being a PGA member.
“The way that we’re members of the PGA of America is through the PGA Tour. I’ll let you connect the dots from there,” Johnson said.
There’s another way to look at it. One of the genius moves of Paul Azinger — the real “Captain America” when it comes to the Ryder Cup — was for the PGA of America to change its points system for 2008 so it was based on PGA Tour earnings. Players can’t get official PGA Tour money if the tour has suspended them for joining LIV Golf.
As for captain’s picks, the Ryder Cup is now a competition between the PGA Tour and European tour. It’s hard to fathom why a captain would want someone who is part of neither.
CASEY’S U-TURN
Brooks Koepka isn’t the only player to change his opinion, just the quickest.
Paul Casey stood his moral ground in 2019 when he turned down the Saudi International. He was a UNICEF ambassador at the time, and Casey told the U.K.-based Independent he would be a hypocrite to sign a deal and get paid to play.
“Anybody who says sport isn’t political, that’s rubbish. Sport is very political,” he said in March 2019. “I’m glad I took a stance, more so if it highlights the issues within the region.”
Two years later, he was part of the Saudi International field, saying he was “open-minded and willing to learn,” that sport can lead to change and he had listened to the event’s commitment to change and its vision for the future.
And now he is the latest to sign up for Saudi-funded LIV Golf league. His first LIV event will be at Trump National in Bedminster, New Jersey, at the end of the month.
That gives LIV Golf another player in his mid-40s.
DIVOTS
Nelly and Jessica Korda are among those playing in the Aramco Team Series-Sotogrande next month on the Ladies European Tour. It will be their first time playing in Spain. Both played in the Aramco series in New York last year. … J.T. Poston was the first wire-to-wire winner of the John Deere Classic since David Frost in 1992. … The final four spots in the British Open are up for grabs this week — three from the Scottish Open, one from the Barbasol Championship. That would bring the field to 154 players. The top two from the alternate list — this week’s world ranking — are Sahith Theegala and Alex Noren.
STAT OF THE WEEK
J.T. Poston was No. 99 in the world when he won the John Deere Classic, ending a stretch of six consecutive PGA Tour winners from the top 20.
FINAL WORD
“If you don’t want to be a part of this tour, which has given you so many opportunities to make a name and build a financial stability for your family and everything, then that’s fine. Just stay away and we’ll be fine without you guys.” — Billy Horschel, on players signing up for LIV Golf.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/tiger-woods-looking-at-british-open-as-historic-occasion/ | 2022-07-06T10:42:32Z |
NEW YORK, July 18, 2022 /PRNewswire/ -- The American Kennel Club (AKC®) is excited to announce that the AKC Agility Dog Premier Cup, brought to you by presenting and official sponsors The Farmer's Dog and YuMOVE, will be broadcast on ESPN2. The competition will premiere on Saturday, July 23rd at noon ET.
This invitational event was held on July 9, 2022, in Columbus, OH, at Historic Crew Stadium, the first stadium built for Major League Soccer in the United States. Out of the 100 invited dogs, 50 advanced to the finals after two preliminary rounds, with a top 10 named in each height class (8", 12", 16", 20", 24").
"Agility is such a thrilling event, and these dogs did not disappoint," said AKC Executive Secretary Gina DiNardo. "Viewers at home will be able to feel the excitement!"
The broadcast will be hosted by sportscaster Carolyn Manno, including sideline reporter Bill Ellis and expert analysis by Terry Simons.
About the American Kennel Club
Founded in 1884, the American Kennel Club is a not-for-profit organization, which maintains the largest registry of purebred dogs in the world and oversees the sport of purebred dogs in the United States. The AKC is dedicated to upholding the integrity of its registry, promoting the sport of purebred dogs and breeding for type and function. Along with its more than 5,000 licensed and member clubs and its affiliated organizations, the AKC advocates for the purebred dog as a family companion, advances canine health and well-being, works to protect the rights of all dog owners and promotes responsible dog ownership. More than 22,000 competitions for AKC-registered purebred and mixed breed dogs are held under AKC rules and regulations each year including conformation, agility, obedience, rally, tracking, herding, lure coursing, coonhound events, hunt tests, field and earthdog tests. Affiliate AKC organizations include the AKC Humane Fund, AKC Canine Health Foundation, AKC Reunite and the AKC Museum of the Dog. For more information, visit www.akc.org.
AKC, American Kennel Club, the American Kennel Club seal and design, and all associated marks and logos are trademarks, registered trademarks and service marks of The American Kennel Club, Inc.
Become a fan of the American Kennel Club on Facebook, and follow us on Twitter @AKCDogLovers
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SOURCE American Kennel Club | https://www.wibw.com/prnewswire/2022/07/18/akc-agility-dog-premier-cup-leaps-onto-espn2/ | 2022-07-18T14:47:01Z |
To accelerate the Company's business expansion in the vocational education industry
BEIJING, June 10, 2022 /PRNewswire/ -- China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that on June 9, 2022, the Company, through its wholly-owned subsidiary, China Liberal (Beijing) Education Technology Co., Ltd. ("China Liberal Beijing"), entered into a definitive stock purchase agreement (the "Agreement") with Beijing Cloud Class Technology Co., Ltd. ("Cloud Class") to acquire from Cloud Class 100% of the issued equity interests of Beijing Oriental Wisdom Cultural Development Co., Ltd. ("Oriental Wisdom"), an integrated education service provider focusing on operating jointly-managed academic programs in the vocational higher education industry in China. This acquisition is a critical initiative of the Company's business strategy of boosting the Company's development in the vocational education industry through integrating enterprises and developing vocational education across various industries.
Pursuant to the Agreement, China Liberal Beijing agrees to acquire 100% of the equity interests of Oriental Wisdom from Cloud Class in consideration of 7,000,000 ordinary shares of the Company, subject to certain payment schedules set forth in the Agreement. The transaction contemplated by the Agreement has been approved by the Company's board of directors at a special meeting on June 1, 2022, with the closing expected to occur near the end of June 2022.
The acquisition of Oriental Wisdom is expected to bring synergy to the Company in the vocational education industry, enhancing the collaboration between educational institutions and companies, and improving the Company's management capabilities. Following the completion of the acquisition, the Company believes that it will be able to develop curriculum systems with trusted teacher resources and integrate professional skills and knowledge into liberal arts education, overcoming the obstacles many higher education institutions face in professional studies and reformations. Meanwhile, with a large and increasing number of students, the Company expects to expand its services to internship referrals, project outsourcing, and multi-level cooperation with leading companies for talent recruitment and training, providing students with premium employment opportunities.
Ms. Ngai Ngai Lam, Chairperson and CEO of China Liberal, commented, "We are excited to acquire Oriental Wisdom and it is another milestone for the Company to move toward our goal of contributing to the vocational education sector in China. With the recent favorable governmental policies and increasing government budgets for vocational education, we believe this acquisition demonstrates China Liberal's long-term strategic vision. Additionally, as the demand for digitalization grows in the education sector, we expect to leverage our advantages in technology, research and development (R&D) resources, and patented products to further cooperate with universities and colleges and assist them in fulfilling their needs for smart-campus management by enhancing their software system in order to achieve campus planning and inter-department coordination. The all-in-one teaching machine, AI-Space, will serve as the core of our hardware system and deliver online and in-person integrated teaching solutions to various educational institutions, allowing them to adapt to various teaching scenarios and improve the overall teaching quality. Looking forward, we will proactively expand our business in vocational education and continue to put efforts into education digitalization as we aim to benefit more students who are in vocational education and create more value for our shareholders."
About Beijing Oriental Wisdom Cultural Development Co., Ltd.
Beijing Oriental Wisdom Cultural Development Co., Ltd. is an integrated services provider in the higher education industry in China. Through the research of industry-education integration education model, school-enterprise cooperation in running schools, professional practice, practical training and employment, teacher training and other businesses, it currently cooperates with 10 colleges and universities in Inner Mongolia, Gansu, Shandong, and other provinces to operate school-enterprise jointly-managed programs covering various majors. There are about 4,000 students in these jointly-managed programs of these partner colleges and universities, including about 3,700 undergraduates, 250 junior college students, and about 50 unplanned enrollments.
About China Liberal Education Holdings Limited
China Liberal, headquartered in Beijing, is an educational service provider in China. It provides a wide range of services, including those under sino-foreign jointly managed academic programs; overseas study consulting services; technological consulting services for Chinese universities to improve their campus information and data management system and to optimize their teaching, operating and management environment, creating a "smart campus"; and tailored job readiness training to graduating students. For more information, please visit the Company's website at ir.chinaliberal.com.
Forward-Looking Statements
This document contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's expectations and projections about future events, which the Company derives from the information currently available to the Company. Such forward-looking statements relate to future events or our future performance, including: our ability to successfully integrate the newly acquired business; our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review risk factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission.
Investor Relations Contact
China Liberal Education Holdings Limited
Email:ir@chinaliberal.com
Ascent Investor Relations LLC
Ms. Tina Xiao
Email: tina.xiao@ascent-ir.com
Tel: +1 917 609 0333
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SOURCE China Liberal Education Holdings Limited | https://www.wibw.com/prnewswire/2022/06/10/china-liberal-education-holdings-limited-enters-into-definitive-agreement-acquire-oriental-wisdom-cultural-development-co-ltd/ | 2022-06-10T12:39:08Z |
Cosby in video testimony denies sex abuse of teen in 1970s
SANTA MONICA, Calif. (AP) - In video testimony played for jurors Wednesday at a civil trial, Bill Cosby denies sexually abusing a teenage girl at the Playboy Mansion in the mid-1970s.
Asked by an attorney for Judy Huth, who is suing Cosby, whether he had tried to put his hand down Huth’s pants, Cosby quickly and clearly answers “no.” Asked if he exposed himself and forced her to touch him sexually, Cosby answers “no” in the same way.
Asked whether it was possible that these things happened but Cosby didn’t remember them, Cosby answered “no.”
“Why would that not be possible?” Huth’s attorney Nathan Goldberg asks.
“Because,” Cosby replies, “the fact that this young lady is saying that she told me she was 15.”
In another clip, Goldberg asks Cosby if he would knowingly have relationships with girls who were under 18 in the mid-1970s. Cosby answers “no.” But he also says “no” when asked whether he would make sure those he sought sexual relationships with were 18.
At the time the video deposition was taken, on Oct. 9, 2015, Huth maintained that the molestation had taken place in 1973 or 1974, when she was 15, but shortly before trial said an examination of the evidence showed it was in 1975, when she was 16.
The 12 minutes of clips, played for the jury at the end of the sixth day of the trial in Los Angeles County, represent the first time Cosby’s voice was heard during the proceedings. He’s wearing a gray sportscoat with a dress shirt and tie and sitting at a table.
The 85-year-old actor and comedian is not attending the trial due to glaucoma that has left him blind, his representatives said. A judge also ruled that he could invoke his Fifth Amendment privilege and decline to testify or to give a second deposition in the case that the plaintiff had sought.
Cosby says in the video that he did not remember meeting Huth or her friend Donna Samuelson, who each testified earlier in the trial that they met him on a film set, then days later met up with him at a tennis club, briefly visited a house he was staying at then went with him to the mansion.
Asked whether being shown pictures of himself with Huth at the mansion would change his answers about whether he knew them, Cosby replies that it would mean little.
“What is the word ‘know,’ that I ‘know’ somebody?” Cosby says in one of his few long replies in the video. “Or that I met someone? Or that, while at Disneyland I met a hundred people and took pictures with them? Or that, while I’m at the airport I’m sitting, waiting to catch a plane and people come up and sit next to me, sit on me, put your arm around me, say hello and take a picture that later might show up somewhere somehow and that I know this person? No, sir.”
Cosby adds, “It doesn’t mean that they were with me, or that I was even with them.”
Two pictures that Samuelson took of Cosby with Huth at the mansion have been shown several times during the trial. Cosby’s attorney Jennifer Bonjean has acknowledged that he took the girls there, but both Bonjean and Cosby spokesman Andrew Wyatt have repeatedly denied that any sexual interaction took place.
Huth’s attorneys rested their case after playing the video. Cosby’s attorneys will begin calling their own witnesses Thursday.
Huth, now 64, was on the stand earlier Wednesday after testifying for much of Tuesday.
While cross-examining her, Bonjean challenged Huth over the timing of her struggles with depression, suggesting they were clearly not spurred by any abuse from Cosby.
Huth filed the lawsuit in 2014, saying that her son turning 15 that same year brought back painful memories of her sexual assault, and brought on subsequent depression.
Bonjean showed Huth medical records from 2011, 2012 and 2013 in which her doctor assessed her with major depression and prescribed her anti-depressants.
“We can agree that you suffered from major depression before your son turned 15?” Bonjean asked Huth, who was on the witness stand in a Los Angeles County courthouse for a second day in the civil trial.
“I don’t know that I did,” Huth said.
“So medical records showing that would be inaccurate?” Bonjean asked.
Huth repeatedly answered that and similar questions by saying she did not remember dealing with depression or taking medications for it during those years, but acknowledged that the documents in front of her said she had.
Bonjean also pointed to different potential causes for Huth’s depression.
“You had a long history of trauma in your life that had nothing to do with Mr. Cosby, right?” Bonjean asked.
“Nothing as bad as that, that’s for sure,” Huth answered.
Huth’s lawsuit says she suffered psychological damage from Cosby’s abuse from 2014 when she began having anxiety over it and flashbacks to it, until 2018 when he was sent to prison in the Pennsylvania criminal case.
Goldberg, her attorney, asked her Wednesday, “Did you know when you were 16 that what Mr. Cosby did caused you psychological injury?”
“No,” Huth answered. “I was just a kid.”
The trial represents one of the last remaining legal claims against the 85-year-old Cosby after his criminal conviction was thrown out by an appeals court and he was freed from prison last year, and his insurer settled many other lawsuits against his will.
The Associated Press does not normally name people who say they have been sexually abused, unless they come forward publicly, as Huth has.
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This story has been corrected to reflect that the first name of Cosby’s attorney is Jennifer, not Gloria.
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Follow AP Entertainment Writer Andrew Dalton on Twitter: https://twitter.com/andyjamesdalton
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/09/cosby-video-testimony-denies-sex-abuse-teen-1970s/ | 2022-06-09T06:24:03Z |
Gospel music group Greater Vision will make its 32nd annual appearance in Temple on Saturday, Aug. 13. The event will be held at 3 p.m. at Taylor’s Valley Baptist Church, 2497 FM 93 in Temple.
Since December of 1990, Greater Vision has inspired audiences around the world with its rich vocal blend and ability to communicate the message of the gospel.
The beginning of Greater Vision and the beginning of Crimson River Ministries are somewhat connected, according to CRM Director and Co-Founder Tony Watson.
“My father-in-law, James Rhoads, introduced me to gospel music in 1986 when I began dating his daughter. I fell in love with it immediately, and we began going to concerts together,” Watson said. “After a time, we began talking about how great it would be to have some concerts in our own area, though initially I never thought we would be taking this on as a project.”
Watson says that a trip to Fort Worth to go to a gospel concert in late 1990 changed all of that.
“Rhonda, my wife, and I went to hear three great groups on a program in Fort Worth. On the program that night was The Cathedrals, who were our favorite group. I got in a conversation with Mark Trammell, a member of The Cathedrals, who told me that he would soon be leaving the group to begin a new group with former Cathedrals member Gerald Wolfe. I went home that night and told James that it was time for us to put the wheels in motion. Not knowing what all was involved, I made a few phone calls and, the short story is, we booked a date with this brand new group before they had sung their first concert. I’m told I was the first concert promoter to book the brand new group,” Watson said.
The group, made its Temple debut on February 10, 1991. This was also the birth of Crimson River Ministries.
Crimson River Ministries has had concerts in Temple every year since and Greater Vision has been a part of the concert schedule each of those 32 years.
Gerald Wolfe, the group’s founder, serves as pianist and emcee. Multi-award-winning songwriter Rodney Griffin sings the lead part for the trio. Chris Allman, also a prolific songwriter, sings tenor. Jon Epley is the newest member of the group having joined April of 2017 as the baritone singer.
Greater Vision’s latest recording, “The Journey,” celebrates the group’s more than 30 years of ministry, with five new songs, penned by Rodney Griffin, Chris Allman, and Jon Epley, and completely new recordings of eight of their classic hits. | https://www.tdtnews.com/life/faith/article_75769180-14db-11ed-94a7-9ff1964951c7.html | 2022-08-06T08:18:10Z |
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