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World's largest cruise company is rolling out Service Power Packages to improve energy efficiency and support overall sustainability goals
To significantly reduce energy and fuel consumption, upgrades include investments in on-demand automation and controls, cooling enhancements, LED lighting and efficient HVAC systems, with indoor air quality continuously monitored and maintained to the highest standards at sea
MIAMI, Aug. 4, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced the rollout of comprehensive technology upgrades called Service Power Packages across its global fleet to further improve energy savings and reduce fuel consumption. The upgrades include ongoing installations through 2023 on ships from the company's nine cruise line brands – Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Carnival Corporation's Service Power upgrade program delivers an average of 5-10% fuel savings per ship and is expected to reduce fleetwide greenhouse gas emissions by more than 500,000 metric tons each year. In addition to the environmental benefits, the program upon completion is expected to generate over $150 million in annual fuel cost savings.
Developed over the past six years, the company's Service Power program delivers significant efficiency upgrades across the fleet, including air conditioning upgrades to cabin and public areas, and major enhancements to cooling, lighting and automation systems. Adjusting for variations in ship design, size and equipment, the company customizes the Service Power Package for each ship, which combines the synergies from multiple upgrades with new operational efficiencies, all effectively supporting Carnival Corporation's energy savings and decarbonization strategies.
The Carnival Corporation Service Power Packages include the following elements designed to work together to reduce each ship's overall service load – the energy required to support all onboard hotel systems – and as a result, significantly reduce both fuel usage and emissions:
- Comprehensive upgrades to each ship's hotel HVAC systems, accounting for 25% of a ship's energy consumption, to improve hotel ventilation efficiency using sophisticated variable speed drives and on-demand systems throughout public areas, cabins and galleys. Additionally, indoor air quality is continuously monitored and maintained to the highest standards at sea, using an industry-leading air filtration and ultraviolet-C treatment throughout the ship.
- Technical systems upgrades on each ship using variable speed drives and on-demand automated control systems for engine room ventilation, main air conditioning chillers and cooling pumps, which together dramatically lower the energy needed to deliver cooling around the ship.
- State-of-the-art LED lighting systems installed throughout each ship to reduce both power consumption and heat load generation – creating a dual benefit from lower air conditioning demand.
- Remote monitoring and maintenance improvements that maximize benefits from the upgrade packages, including improved instrumentation and automated management systems, with nonstop ship-to-shore connectivity. Expanded remote monitoring and analysis of each ship's energy performance and technical status ensure peak efficiency and minimal down times.
"The Service Power program closely aligns with our long-term sustainability and decarbonization goals and our highest responsibility and top priority, which is compliance, environmental protection and the health, safety and well-being of our guests, the people in the communities we visit, and our shipboard and shoreside personnel," said Bill Burke, chief maritime officer for Carnival Corporation. "Based on our improved fleet composition, including adding six industry-leading LNG-powered ships, and our previous investments to increase efficiency and reduce emissions, our absolute carbon emissions peaked in 2011 despite significant capacity growth over the past decade. These tailored Service Power Packages further build on those efforts as part of our comprehensive approach to sustainability."
The fleetwide enhancements are part of Carnival Corporation's ongoing energy efficiency investment program and efforts to reduce fuel consumption, including over $350 million invested in energy efficiency improvements since 2016, along with the company's fleet optimization strategy and design of more efficient itineraries. Together, these ongoing efforts are expected to drive a 10% reduction in fuel consumption per available lower berth day (ALBD) in the company's first full year of guest cruise operations compared to 2019, along with a 9% reduction in carbon emissions per lower berth distance traveled.
As part of its longer-term sustainability plan and vision, Carnival Corporation has committed to significant investments to achieve its 2030 sustainability goals and 2050 aspirations, which incorporate six critical sustainability focus areas overall. These areas include climate action; circular economy; sustainable tourism; good health and well-being; diversity, equity and inclusion; and biodiversity and conservation.
Among these priorities, the company has committed to reducing carbon emission intensity by 20% from its 2019 baseline by 2030, supporting its efforts and aspirations to achieve net carbon-neutral ship operations by 2050.
More information on the company's sustainability efforts is available at www.CarnivalSustainability.com.
About Carnival Corporation & plc
Carnival Corporation & plc is one of the world's largest leisure travel companies with a portfolio of nine of the world's leading cruise lines sailing to all seven continents. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Additional information can be found on www.carnivalcorp.com, www.carnival.com, www.princess.com, www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and www.cunard.com.
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SOURCE Carnival Corporation & plc | https://www.kxii.com/prnewswire/2022/08/04/carnival-corporation-upgrading-global-fleet-with-fuel-energy-saving-technology/ | 2022-08-04T14:07:44Z |
WINDSOR, Conn., Aug. 18, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced its Board of Directors has approved a quarterly dividend payout of $0.20 per share, consistent with its quarterly dividend policy. The dividend is payable on September 15, 2022, to stockholders of record as of the close of business on September 1, 2022.
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, LinkedIn and Facebook.
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SOURCE SS&C | https://www.kxii.com/prnewswire/2022/08/18/ssampc-announces-common-stock-dividend-020-per-share/ | 2022-08-19T00:00:46Z |
- New data in Cohort 3 using pivotal program dose level demonstrates largest median reduction in CSF GAGs, continuing to approach normal levels at 48 weeks
- RGX-121, a one-time gene therapy for MPS II, continues to be well-tolerated with no drug-related SAEs across three dose levels
- Positive interim data supports recently announced plan to file Biologics License Application in 2024 using the accelerated approval pathway
ROCKVILLE, Md., Aug. 31, 2022 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced additional positive interim data from the Phase I/II/III CAMPSIITE™ trial of RGX-121 for the treatment of patients up to 5 years old diagnosed with Mucopolysaccharidosis Type II (MPS II), also known as Hunter Syndrome. The results were presented at the Society for the Study of Inborn Errors of Metabolism (SSIEM) Annual Symposium.
"We are pleased to share new, positive interim data from our Phase I/II/III CAMPSIITE trial that continues to demonstrate encouraging reductions of CSF GAGs and supports the selection of dose level 3 for our pivotal program," said Steve Pakola, M.D., Chief Medical Officer of REGENXBIO. "This interim data of Cohorts 1-3 demonstrate dose-dependent reductions in CSF GAGs, key biomarkers of I2S enzyme activity, in additional patients and at longer timepoints than previously presented. RGX-121 has also demonstrated positive impact on neurodevelopmental function. We believe the data supports our plan to advance RGX-121 as quickly as possible using the accelerated approval pathway with the aim of providing a much-needed new treatment option for the MPS II community."
"RGX-121 continues to demonstrate compelling data showing its potential to impact the neurodevelopmental decline of MPS II patients, which remains an unmet need for most affected individuals," said Roberto Giugliani, M.D., Ph.D., Professor, Department of Genetics, UFRGS, Medical Genetics Service, HCPA, Porto Alegre, Brazil. "A successful gene therapy with the potential to provide advantages over current standard of care is something that could provide a meaningful treatment option to the MPS II patient community. I look forward to continuing to follow this trial as the recently announced pivotal program progresses."
RGX-121 is an investigational, one-time gene therapy designed to deliver the gene that encodes the iduronate-2-sulfatase (I2S) enzyme using the AAV9 vector. Data presented at SSIEM was from the Phase I/II portion of the CAMPSIITE trial where the primary endpoint is to evaluate the safety of RGX-121. Secondary and exploratory endpoints include cerebral spinal fluid (CSF) glycosaminoglycans (GAGs), neurodevelopmental assessments, caregiver reported outcomes and systemic biomarkers. RGX-121 is administered directly to the central nervous system (CNS). As of August 1, 2022, patients had been treated across three dose levels, 1.3x1010 genome copies per gram (GC/g) of brain mass (n=3), 6.5x1010 GC/g of brain mass (n=7), and 2.9x1011 GC/g of brain mass (n=4).
As of August 1, 2022, RGX-121 is reported to be well-tolerated across all cohorts with no drug-related serious adverse events (SAEs) in 14 patients dosed with RGX-121. Time of post-administration follow-up ranges from eight weeks to two years. Eleven patients have completed the 48-week immunosuppression regimen per study protocol. Twelve patients were receiving weekly, intravenous enzyme replacement therapy (ERT) at the time of enrollment, per standard of care; three of these patients have discontinued ERT, per investigator discretion, as allowed in the protocol.
Biomarker data from patients in all three cohorts indicate encouraging, dose-dependent reductions of CSF GAGs following one-time administration of RGX-121. Heparan sulfate (HS) and D2S6, a component of HS closely correlated with severe MPS II, are GAGs that are key biomarkers of I2S enzyme activity and are being measured in the CSF at baseline and after administration of RGX-121. GAGs in the CSF have the potential to be considered a surrogate biomarker that is reasonably likely to predict clinical benefit in MPS II disease under the accelerated approval pathway, as buildup of GAGs in the CSF of MPS II patients correlates with clinical manifestations, including neurodevelopmental deficits.
The majority of patients in all three cohorts demonstrated reductions of HS in the CSF following RGX-121 administration at the last time point available with dose-dependent reductions seen at Weeks 8, 24, and 48 post RGX-121 administration. At Week 48, median reduction of CSF HS from baseline was 33.5% in Cohort 1, 52.9% in Cohort 2 and 62.5% in Cohort 3.
Similarly, dose-dependent reductions of CSF HS D2S6 were observed at last time point available following RGX-121 administration in the majority of patients, with Cohort 3 patients approaching normal levels at 48 weeks. All three cohorts demonstrated reduction in HS D2S6 with dose-dependent reductions seen at Weeks 8, 24, and 48. Median reduction from baseline of 31.9% in Cohort 1, 69.4% in Cohort 2 and 83.1% in Cohort 3 was seen at Week 48.
In addition, I2S protein concentration in the CSF, which was undetectable in all patients prior to dosing, was measurable in Cohort 2 and 3 patients after RGX-121 administration.
As previously reported at the 2022 WORLDSymposium™, improvements in neurodevelopmental function and caregiver reported outcomes in Cohorts 1 and 2 demonstrated CNS activity up to 2 years after RGX-121 administration. Additionally, evidence of systemic enzyme expression and biomarker activity was observed in patients across all three cohorts following RGX-121 administration. The majority of patients demonstrated increases in I2S protein concentration levels in plasma following administration of RGX-121. Total urine GAG measures demonstrated evidence of a systemic effect of RGX-121, independent of ERT treatment.
The study findings presented at the SSIEM Annual Symposium will be available under the Presentations & Publications page in the Media section of REGENXBIO's website located at www.regenxbio.com.
About the CAMPSIITE™ Trial
CAMPSIITE is a multicenter, open-label trial enrolling boys with MPS II, aged 4 months up to five years of age. CAMPSIITE is expected to enroll up to 10 MPS II patients to support the BLA filing using the accelerated approval pathway, with the potential to enroll additional patients. These patients will receive a dose of 2.9x1011 GC/g of brain mass of RGX-121, which is the same dose being evaluated in Cohort 3 of the Phase I/II trial. The pivotal program is using commercial-scale cGMP material from REGENXBIO's proprietary, high-yielding suspension-based manufacturing process, named NAVXPress™. In addition to measuring GAGs in the CSF, the trial will continue to collect neurodevelopmental data and caregiver-reported outcomes.
CAMPSIITE is a global trial, which is expected to include sites in the United States, Brazil and Canada. REGENXBIO has begun dosing patients in the pivotal program.
RGX-121 is designed to use the AAV9 vector to deliver the human iduronate-2-sulfatase gene (IDS) which encodes the iduronate-2-sulfatase (I2S) enzyme to the central nervous system (CNS). Delivery of the IDS gene within cells in the CNS could provide a permanent source of secreted I2S beyond the blood-brain barrier, allowing for long-term cross correction of cells throughout the CNS. RGX-121 has received orphan drug product, rare pediatric disease and Fast Track designations from the U.S. Food and Drug Administration.
MPS II, or Hunter Syndrome, is a rare, X-linked recessive disease caused by a deficiency in the lysosomal enzyme iduronate-2-sulfatase (I2S) leading to an accumulation of glycosaminoglycans (GAGs), including heparan sulfate (HS) in tissues which ultimately results in cell, tissue, and organ dysfunction, including in the central nervous system (CNS). MPS II is estimated to occur in 1 in 100,000 to 170,000 births. In severe forms of the disease, early developmental milestones may be met, but developmental delay is readily apparent by 18 to 24 months. Specific treatment to address the neurological manifestations of MPS II remains a significant unmet medical need. Key biomarkers of I2S enzymatic activity in MPS II patients include its substrate heparan sulfate (HS), which has been shown to correlate with neurocognitive manifestations of the disorder.
REGENXBIO is a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy. REGENXBIO's NAV Technology Platform, a proprietary adeno-associated virus (AAV) gene delivery platform, consists of exclusive rights to more than 100 novel AAV vectors, including AAV7, AAV8, AAV9 and AAVrh10. REGENXBIO and its third-party NAV Technology Platform Licensees are applying the NAV Technology Platform in the development of a broad pipeline of candidates, including late-stage and commercial programs, in multiple therapeutic areas. REGENXBIO is committed to a "5x'25" strategy to progress five AAV Therapeutics from our internal pipeline and licensed programs into pivotal-stage or commercial products by 2025.
This press release includes "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. These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future events or outcomes such as "believe," "may," "will," "estimate," "continue," "anticipate," "assume," "design," "intend," "expect," "could," "plan," "potential," "predict," "seek," "should," "would" or by variations of such words or by similar expressions. The forward-looking statements include statements relating to, among other things, REGENXBIO's future operations and clinical trials. REGENXBIO has based these forward-looking statements on its current expectations and assumptions and analyses made by REGENXBIO in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors REGENXBIO believes are appropriate under the circumstances. However, whether actual results and developments will conform with REGENXBIO's expectations and predictions is subject to a number of risks and uncertainties, including the timing of enrollment, commencement and completion and the success of clinical trials conducted by REGENXBIO, its licensees and its partners, the timing of commencement and completion and the success of preclinical studies conducted by REGENXBIO and its development partners, the timely development and launch of new products, the ability to obtain and maintain regulatory approval of product candidates, the ability to obtain and maintain intellectual property protection for product candidates and technology, trends and challenges in the business and markets in which REGENXBIO operates, the size and growth of potential markets for product candidates and the ability to serve those markets, the rate and degree of acceptance of product candidates, the impact of the COVID-19 pandemic or similar public health crises on REGENXBIO's business, and other factors, many of which are beyond the control of REGENXBIO. Refer to the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of REGENXBIO's Annual Report on Form 10-K for the year ended December 31, 2021, and comparable "risk factors" sections of REGENXBIO's Quarterly Reports on Form 10-Q and other filings, which have been filed with the U.S. Securities and Exchange Commission (SEC) and are available on the SEC's website at www.sec.gov. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on REGENXBIO or its businesses or operations. Such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to rely too heavily on the forward-looking statements contained in this press release. These forward-looking statements speak only as of the date of this press release. Except as required by law, REGENXBIO does not undertake any obligation, and specifically declines any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Dana Cormack
Corporate Communications
dcormack@regenxbio.com
Investors:
Chris Brinzey
ICR Westwicke
339-970-2843
chris.brinzey@westwicke.com
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SOURCE REGENXBIO Inc. | https://www.kxii.com/prnewswire/2022/08/31/regenxbio-presents-additional-positive-interim-data-phase-iiiiii-campsiite-trial-rgx-121-treatment-mps-ii-hunter-syndrome-society-study-inborn-errors-metabolism-ssiem-annual-symposium/ | 2022-08-31T12:13:24Z |
Company's customer-first service-forward solutions fuel industry-leading performance
BELLEVILLE, Mich., July 21, 2022 /PRNewswire/ -- Ascent, a leading global logistics company, announced today that it has been named a 2022 Top 100 3PL provider by Inbound Logistics. According to Inbound Logistics, the data provided by the more than 300 submitting companies is evaluated with an eye toward matching the size, solutions and culture of a logistics provider to the publication's understanding of what organizations seeking logistics services require. This is the fifth consecutive year that Ascent has been included on this highly-regarded industry list.
"The past two years have been ones of phenomenal growth for Ascent, and we are pleased to see our team's hard work recognized with inclusion on the Inbound Logistics Top 100 3PL list for 2022. The strategy and transformation roadmap designed by the management team has been perfectly executed. The results speak for themselves, and the best is yet to come," stated Mauro González, Ascent's Chief Synergy Officer and President of Mexico.
"Our Top 100 3PL list is based not on overall size, but on specialty services and solutions, types of customers, corporate culture and, importantly, on the provider's ability to help organizations solve the challenges unique to their operations," stated Felecia Stratton, Editor at Inbound Logistics. "The 2022 Top 100 3PL providers include well-known companies, a smattering of niche providers and newer companies offering specialized logistics services. We organize our list alphabetically to make this a solutions-based resource, rather than a ranking of one provider over another."
"While overall revenue is one measure of success, we realize it is only one part of what makes a top logistics provider. Being named to Inbound Logistics' list underscores the value of strong customer relationships and recognizes our ability to provide even more reliable service alongside creative, immediate solutions to help our client partners succeed in the face of whatever logistics challenges are thrown at them," stated Micah Holst, Chief Commercial Officer and President of Forwarding for Ascent.
Chris Jamroz, Executive Chairman of the Board and CEO of Ascent added, "Being named to the Inbound Logistics Top 100 3PL list for the fifth consecutive year is such an honor. Even with the dynamic supply chain issues of the past two years, our Ascent team has been able to deliver for our customers, and we have seen that dedication manifest itself not only in numerous industry accolades such as this one, but also in massive growth across the entire organization. It has been a truly exciting time to be part of this stellar team."
At Ascent, we solve supply chain and logistics challenges for thousands of customers worldwide. Ascent is a recognized supplier of the year for multiple Fortune 500 companies as well as a partner to thousands of small and medium-sized businesses. Ranked among the Top 100 Global 3PLs by Inbound Logistics as well as the Top 40 3PLs and Top 20 Freight Brokerages in North America by Transport Topics, Ascent's #1 market share in the North American ground and air expedite market has provided it the foundation to become the preferred logistics provider to a marquee portfolio of the world's largest and most sophisticated corporations. Ascent's offerings include truckload, less-than-truckload, global forwarding, air charter, specialized, brokerage, managed transportation and expedite solutions. The company moves over 250,000 shipments annually through its competitive PEAK freight marketplace. For more information about the company, please visit Ascent's website: www.ascentlogistics.com.
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SOURCE Ascent | https://www.mysuncoast.com/prnewswire/2022/07/21/ascent-named-top-100-3pl-by-inbound-logistics/ | 2022-07-21T12:40:12Z |
UVALDE, Texas (AP) — Uvalde school officials on Friday canceled a meeting to decide the future of embattled district Police Chief Pete Arredondo, who was facing the possibility of becoming the first officer to be fired over the slow law enforcement response to the Robb Elementary School massacre.
Arredondo’s job was set to be discussed in an abruptly called school board meeting that was scheduled for Saturday. But in a statement Friday, the district said it had canceled the meeting at the request of Arredondo’s attorney and because of “due process requirements.”
The district said the the police chief’s potential firing would be considered later but did not specify when.
The reversal comes just two days after Uvalde’s superintendent moved to fire Arredondo amid mounting public pressure and growing impatience in South Texas for accountability after police body camera footage and a damning new report revealed how officers waited in the school hallway for more than 70 minutes instead of confronting the gunman inside a fourth-grade classroom.
Nineteen children and two teachers were killed in the deadliest school shooting in Texas history.
The district said Arredondo will remain on unpaid administrative leave. So far, no officer has lost their job as a result of their actions or decisions during their May 24 tragedy.
Nearly 400 officers rushed to the scene of the school during the shooting, according to findings by a Texas House committee. | https://cw33.com/news/u-s-news/ap-us-headlines/meeting-over-uvalde-school-police-chiefs-future-canceled/ | 2022-07-22T21:23:34Z |
SEOUL, South Korea (AP) — The leaders of the rival Koreas exchanged letters expressing hope for improved bilateral relations, which plummeted in the past three years amid a freeze in nuclear negotiations and North Korea’s accelerating weapons development.
North Korea’s state media said leader Kim Jong Un on Wednesday received a personal letter from outgoing South Korean President Moon Jae-in and replied on Thursday with his own letter appreciating Moon’s peace efforts during his term. Pyongyang’s official Korean Central News Agency said Friday their exchange of letters showed their “deep trust.”
Experts say North Korea’s announcement of the letters, which came as Kim possibly prepares for a nuclear test and other major provocations, is aimed at dividing public opinion in South Korea and discouraging Seoul’s new government from taking a hard line toward Pyongyang after its inauguration in May.
KCNA said Moon told Kim he would continue to campaign for Korean reunification even after he leaves office next month, basing his efforts on their joint declarations for peace issued after their summit meetings in 2018.
Kim and Moon shared views that “inter-Korean relations would improve and develop as desired and anticipated by the (Korean) nation if the (North and the South) make tireless efforts with hope,” KCNA said.
Moon’s office confirmed the exchange of letters shortly after KCNA’s report, but spent hours before releasing its version of what was said, which indicated that the North didn’t coordinate with Seoul before announcing the exchange. KCNA’s report wasn’t published on the North’s official Rodong Sinmun newspaper, read by its domestic audience, showing that the message was intended for the South.
According to Seoul, Moon in his letter to Kim acknowledged setbacks in inter-Korean relations but insisted that their aspirational vows for peace during their summits in 2018 and an accompanying military agreement aimed at defusing border area clashes remain relevant as a foundation for future cooperation.
Moon also expressed hope for a resumption of nuclear talks between Washington and Pyongyang and for Kim to pursue cooperation with Seoul’s next government led by conservative President-elect Yoon Suk Yeol, Moon’s spokesperson Park Kyung-mee said.
While sending a letter to the North’s leader is a courtesy as the South’s leaves office, analyst Cheong Seong-Chang at the South’s private Sejong Institute said, the North publicized the personal exchange with an aim to create division in South Korea ahead of a government change.
“Considering indications that North Korea is preparing for its seventh nuclear test, it’s questionable whether it was appropriate for President Moon to send a letter to Chairman Kim to express his warm greetings,’’ Cheong said.
Yoon, who takes office on May 10, has harshly described Moon’s foreign policy for being “subservient” toward North Korea and said he wouldn’t pursue “talks for talks’ sake.” He has vowed to strengthen South Korea’s defense in conjunction with its alliance with the United States, which he says would include enhancing preemptive strike capabilities and anti-missile systems to deter North Korean attacks.
Tensions on the Korean Peninsula have risen since a series of North Korean weapons tests this year, including its first flight-test of an intercontinental ballistic missile since 2017 in March, reviving the nuclear brinkmanship aimed at forcing the U.S. to accept it as a nuclear power and to remove crippling sanctions.
South Korea’s military has also detected signs that North Korea is rebuilding tunnels at a nuclear testing ground it partially dismantled weeks before Kim’s first meeting with then-President Donald Trump in June 2018, a possible indicator that the country is preparing to resume nuclear explosive tests.
Staking his single presidential term on inter-Korean rapprochement, Moon met Kim three times in 2018 and lobbied hard to help set up Kim’s meetings with Trump. But the diplomacy never recovered from the collapse of the second Kim-Trump meeting in 2019 in Vietnam, where the Americans rejected North Korea’s demands for major sanctions relief in exchange for dismantling an aging nuclear facility, which would have amounted to a partial surrender of its nuclear capabilities.
Kim has since vowed to bolster his nuclear deterrent to counter “gangster-like” U.S. pressure and sped up his weapons development despite limited resources and pandemic-related difficulties.
North Korea also severed all cooperation with Moon’s government while expressing anger over the continuation of U.S.-South Korea military exercises, which were curtailed in recent years to promote diplomacy with the North, and Seoul’s inability to wrest concessions from Washington on its behalf.
Analysts say North Korea is likely to escalate its weapons demonstrations in coming weeks or months to force a reaction from the Biden administration, which has been focused on Russia’s war on Ukraine and a rivalry with China.
Biden’s special envoy for North Korea, Sung Kim, traveled to Seoul this week for meetings with senior South Korean officials and said they agreed on the need for a strong response to counter North Korea’s “destabilizing behavior.”
After maintaining a conciliatory tone for years, Moon’s government objected more strongly to North Korea’s weapons tests this year, criticizing Kim’s government for ending its self-imposed suspension of long-range missile testing and urging a return to diplomacy.
Seoul has also accused North Korea of destroying South Korean-owned facilities at the North’s Diamond Mountain resort where they ran tours together until 2008. Kim in 2019 called the South Korean facilities there “shabby” and ordered them destroyed, though the work was delayed by the coronavirus pandemic. | https://cw33.com/news/ap-top-headlines/leaders-of-rival-koreas-exchange-letters-amid-tensions/ | 2022-04-22T21:49:45Z |
Collaboration will bring immersive Web3 experiences to music festival attendees across Europe and beyond
LOS ANGELES, June 15, 2022 /PRNewswire/ -- Vatom™, a leading Web3 company based in Venice, California, today announced its newly formed partnership with preeminent entertainment events brand elrow to usher in the new frontier of music experiences for fans across the world. Underpinned by the company's international expansion, Vatom Europe will operate out of Barcelona, Spain and enable personalized fan engagement and unforgettable experiences for event attendees virtually and in real life. Vincenc Marti, current elrow president and board member, will take on the new role of Managing Director for Vatom Europe, overseeing all European operations.
"We love the idea of offering personalized experiences and awards to our most special fans of our shows through leveraging innovative technology such as Vatom's," said Juan Arnau Jr., CEO and founder of elrow. "We're always looking for new ways to engage fans like never before, so now having the ability to offer these next level experiences to attendees is very meaningful."
"Given elrow's status as a global powerhouse of music experiences, we felt they were the perfect partner to embrace Web3 innovations and further-scale Vatom's metaverse platform internationally," said Eric Pulier, founder and CEO of Vatom. "Not only will our newfound presence in Europe allow us to create more innovative, interconnected, and rewarding experiences for elrow attendees, but it will enable other global brands the ability to easily create and interact with their consumers in more immersive ways."
The strategic partnership follows its first collaboration with elrow Town Madrid last month which had over 35,000 attendees. Using Vatom's cross-chain, NFT-focused digital wallet, accessible through the festival app, fans unlocked free, collectible NFTs and participated in an augmented reality (AR) egg hunt on festival grounds to gain access to exclusive offerings. Approximately 50,000 Vatom Smart NFTs and 500 AR eggs were distributed during the festival, with all egg winners claiming their prizes within one hour of dropping.
"When we first introduced the elrow family to Vatom technology, the fan response far exceeded our expectations," said Vincenc Marti, Managing Director of Vatom Europe." There is clearly a huge appetite for the immersive virtual experiences that Vatom enables, and we're excited to explore the endless ways this technology can enhance the future of music festivals and fan engagement."
Vatom's European expansion will significantly contribute to its business growth as well as to the local economy in Barcelona. Vatom plans to continue building its presence throughout Europe, bringing creative agencies, systems integrators, and development companies into its ecosystem to build on the Vatom Platform for their clients across sectors.
Vatom's Web3 platform technology will be integrated into elrow's vast event slate across Europe and the USA. Festival attendees can experience its activations throughout the year including Ibiza, London, Holland, Amsterdam, Croatia, New York, and San Francisco.
To celebrate the partnership, Vatom and elrow are hosting a press event at the elrow House (Av. d'Esplugues, 79, 08034 Barcelona) on June 16, 2022, at 18:00 CET. In classic elrow fashion, the elaborate event will feature Europe's top entertainers and influencers at its stunning villa location, home to its international headquarters. Any media interested in attending should contact Rosa Santos rosa.santos@elrowfamily.com or 0034-67-305-2230 for credentials.
elrow was conceived in 2010 by Cruz and Juan Arnau Lasierra, the sixth generation of entrepreneurs of the Arnau Family, who also founded the Monegros Festival and the legendary Club Florida 135 in Fraga, Aragón. In 2017, elrow entered into an investment and partnership agreement with Superstruct Entertainment, a live entertainment platform backed by Providence Equity Partners. elrow is the umbrella brand of a series of fully immersive, themed shows, which have become a global point of reference in the field of circus-inspired parties thanks to its perfect mix of the best electronic music with unimaginable scenarios, frenzied performances and outlandish characters. From its headquarters in Barcelona, elrow has grown exponentially and established residencies in Ibiza, Las Vegas, Madrid, London, New York, Barcelona and Amsterdam. elrow has consistently broken attendance records and, in 2019, saw its most successful year to-date, with over 2 million people attending 123 shows hosted across 62 cities in 28 international territories.
At Vatom, our mission is to enable both Brands and Individuals to easily engage directly with the emerging Web3. Using our platform, Brands and Creators can create their own virtual spaces, distribute simple, consumer friendly Web3 wallets, create, buy, sell, exchange smart NFTs, and launch their own branded marketplaces and social tokens.
Please visit www.vatom.com for more company information.
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SOURCE Vatom | https://www.mysuncoast.com/prnewswire/2022/06/15/leading-web3-platform-vatom-partners-with-premiere-music-experiences-company-elrow-unlock-future-fan-experiences-announces-international-expansion/ | 2022-06-15T10:46:06Z |
TAIPEI, July 29, 2022 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the second quarter of 2022. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs") on a consolidated basis.
(Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.)
Second Quarter 2022 Financial Highlights
- Total revenue increased by 5.7% to NT$ 52.44 billion.
- Consumer Business Group revenue increased by 3.3% to NT$ 31.52 billion.
- Enterprise Business Group revenue increased by 9.4% to NT$ 17.75 billion.
- International Business Group revenue increased by 17.9% to NT$ 1.76 billion.
- Total operating costs and expenses increased by 5.4% to NT$ 40.41 billion.
- Net income attributable to stockholders of the parent increased by 8.1% to NT$ 9.68 billion.
- Basic earnings per share (EPS) was NT$1.25.
"Our second quarter results demonstrate our ongoing progress we navigating out of the pandemic, as we showcase our outstanding products and services delivered to satisfy our customers, employees, shareholders, and the greater community," said Mr. Chi-Mau Shieh, Chairman and Chief Executive Officer of Chunghwa Telecom. "We are pleased to deliver strong quarterly performance with all measures exceeding our proposed guidance."
"We maintained our leading position once again in terms of revenue and subscriber numbers, and we are confident in our ability to maintain this status. In terms of mobile services, we observed an average 37% uplift in monthly fees, attributable to customers who renewed contracts to adopt 5G services. Simultaneously, for broadband business, about 70% of the package adopters opted for higher-speed services (500Mbps), contributing to speed upgrade and ARPU enhancement."
"As for segment details, consumer business group revenue grew as a result of our high-quality services and 5G network development. Our Fixed-Broadband + Mobile + Wi-Fi program attracted 13.2% more subscribers this quarter compared to last, and Home Wi-Fi device sign-ups doubled on a year-over-year basis. Enterprise business group revenue also increased by 9.4% year-over-year, driven by our ICT business with a 31.7% growth on a year-over-year basis, particularly with progress on large smart energy projects. Our emerging enterprise applications, including AIoT, IDC, cloud, cyber security, 5G private network and big data etc., reported strong growth momentum by representing 43.5% year-over-year growth."
"Our global expansion plan remains in progress. During the quarter, we signed an MOU with Thonburi Hospital in Thailand to develop smart hospital solutions. In addition, we expect to extend our 5G private network solution to Southeast Asian market. We remain confident in our high-quality services and products and believe in our long-term strategies and goals," Mr. Shieh concluded.
Revenue
Chunghwa Telecom's total revenues for the second quarter of 2022 increased by 5.7% to NT$ 52.44 billion.
Consumer Business Group revenue for the second quarter of 2022 increased by 3.3% to NT$ 31.52 billion, mainly due to a 5.3% YoY increase of mobile service revenue driven by postpaid subscriber growth and 5G migration. Fixed-line service revenue increased 1.9% YoY owing to higher-speed service adoption and IPTV service. Sales revenue slightly increased 2.1% YoY despite the disrupted handset supply chain issue under COVID-19 and typical seasonality ahead of the new iPhone launch.
Enterprise Business Group revenue for the second quarter of 2022 increased by 9.4% to NT$ 17.75 billion, mainly due to ICT business revenue increased by 31.7%. Mobile service business revenue increased 13% YoY owing to 5G migration and increased demand for text messages as a result of COVID-19. Fixed-line revenue decrease 0.4%, though data communication and broadband access revenue growth offset the decrease in enterprise voice revenue.
International Business Group revenue for the second quarter of 2022 increased by 17.9% to NT$ 1.76 billion, mainly due to the increase of ICT revenue.
Operating Costs and Expenses
Total operating costs and expenses for the second quarter of 2022 increased by 5.4% year over year to NT$ 40.41 billion, mainly due to higher personnel expenses and depreciation expense.
Operating Income and Net Income
Income from operations for the second quarter of 2022 increased by 6.6% to NT$ 12.03 billion, mainly due to the continued growth of profitable core business. The operating margin was 22.9%, as compared to 22.7% in the same period of 2021. Net income attributable to stockholders of the parent increased by 8.1% to NT$ 9.68 billion. Basic earnings per share was NT$1.25.
Cash Flow and EBITDA
Cash flow from operating activities for the first half of 2022 decreased by 0.9% year over year to NT$ 27.43 billion, mainly due to income tax payments owing to an increase of net income.
Cash and cash equivalents, as of June 30th, 2022, increased by 68.9% to NT$ 54.28 billion as compared to that as of June 30th, 2021. The increase was primarily attributable to the issuance of sustainability bonds which supports the Company's investments in green energy projects to enhance its energy efficiency and the network deployment in remote areas for social good.
EBITDA for the second quarter of 2022 increased by 5.5% to NT$ 21.97 billion. EBITDA margin was 41.90%, as compared to 41.99% in the same period of 2021.
Business Highlights
Mobile
As of June 30th, 2022, Chunghwa Telecom had 12.23 million mobile subscribers, representing a 6.4% year-over-year increase. Total mobile service revenue increased by 6.1% to NT$ 15.20 billion, while mobile post-paid ARPU excluding IoT SIMs grew 4% year over year to NT$ 524.
Fixed Broadband/HiNet
As of June 30th, 2022, the number of broadband subscribers slightly increased by 0.2% to 4.37 million. The number of HiNet broadband subscribers increased by 1% to 3.64 million. Total fixed broadband revenue grew 3.6% year over year to NT$ 10.59 billion, while ARPU increased 3.1% to NT$ 765.
Fixed line
As of June 30th, 2022, the Company maintained its leading position in the fixed-line market, with a total of 9.53 million subscribers.
Financial Statements
Financial statements and additional operational data can be found on the Company's website at http://www.cht.com.tw/en/home/cht/investors/financials/quarterly-earnings
NOTE CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. These statements constitute "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, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about Chunghwa's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Investors are cautioned that actual events and results could differ materially from those statements as a result of a number of factors including, but not limited to the risks outlined in Chunghwa's filings with the U.S. Securities and Exchange Commission on Forms F-1, F-3, 6-K and 20-F, in each case as amended. The forward-looking statements in this press release reflect the current belief of Chunghwa as of the date of this press release and Chunghwa undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date, except as required under applicable law.
This press release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management, as well as financial statements.
NON-GAAP FINANCIAL MEASURES
To supplement the Company's consolidated financial statements presented in accordance with International Financial Reporting Standards pursuant to the requirements of the Financial Supervisory Commission, or T-IFRSs, Chunghwa Telecom also provides EBITDA, which is a "non-GAAP financial measure". EBITDA is defined as consolidated net income (loss) excluding (i) depreciation and amortization, (ii) total net comprehensive financing cost (which is comprised of net interest expense, exchange gain or loss, monetary position gain or loss and other financing costs and derivative transactions), (iii) other income, net, (iv) income tax, (v) (income) loss from discontinued operations.
In managing the Company's business, Chunghwa Telecom relies on EBITDA as a means of assessing its operating performance because it excludes the effect of (i) depreciation and amortization, which represents a non-cash charge to earnings, (ii) certain financing costs, which are significantly affected by external factors, including interest rates, foreign currency exchange rates and inflation rates, which have little or no bearing on our operating performance, (iii) income tax (iv) other expenses or income not related to the operation of the business.
CAUTIONS ON USE OF NON-GAAP FINANCIAL MEASURES
In addition to the consolidated financial results prepared under T-IFRSs, Chunghwa Telecom also provide non-GAAP financial measures, including "EBITDA". The Company believes that the non-GAAP financial measures provide investors with another method for assessing its operating results in a manner that is focused on the performance of its ongoing operations.
Chunghwa Telecom's management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company's operating results, as well as when forecasting and analyzing future periods. However, the Company recognizes that:
- these non-GAAP financial measures are limited in their usefulness and should be considered only as a supplement to the Company's T-IFRSs financial measures;
- these non-GAAP financial measures should not be considered in isolation from, or as a substitute for, the Company's T-IFRSs financial measures;
- these non-GAAP financial measures should not be considered to be superior to the Company's T-IFRSs financial measures; and
- these non-GAAP financial measures were not prepared in accordance with T-IFRSs and investors should not assume that the non-GAAP financial measures presented in this earnings release were prepared under a comprehensive set of rules or principle.
Further, these non-GAAP financial measures may be unique to Chunghwa Telecom, as they may be different from non-GAAP financial measures used by other companies. As such, this presentation of non-GAAP financial measures may not enhance the comparability of the Company's results to the results of other companies. Readers are cautioned not to view non-GAAP results as a substitute for results under T-IFRSs, or as being comparable to results reported or forecasted by other companies.
About Chunghwa Telecom
Chunghwa Telecom (TAIEX 2412, NYSE: CHT) ("Chunghwa" or "the Company") is Taiwan's largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services. The Company also provides information and communication technology services to corporate customers with its big data, information security, cloud computing and IDC capabilities, and is expanding its business into innovative technology services such as IoT, AI, etc. In recent years, Chunghwa has been actively involved in corporate social responsibility and has won domestic and international awards and recognition. For more information, please visit our website at www.cht.com.tw
Contact: Angela Tsai
Phone: +886 2 2344 5488
Email: chtir@cht.com.tw
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SOURCE Chunghwa Telecom | https://www.kxii.com/prnewswire/2022/07/29/chunghwa-telecom-reports-un-audited-consolidated-operating-results-second-quarter-2022/ | 2022-07-29T10:17:51Z |
Block of COVID funds risks US lives, White House says
WASHINGTON (AP) — The U.S. is headed for “a lot of unnecessary loss of life,” the Biden administration says, if Congress fails to provide billions more dollars to brace for the pandemic’s next wave. Yet the quest for that money is in limbo, the latest victim of election-year gridlock that’s stalled or killed a host of Democratic priorities.
President Joe Biden’s appeal for funds for vaccines, testing and treatments has hit opposition from Republicans, who’ve fused the fight with the precarious politics of immigration. Congress is in recess, and the next steps are uncertain, despite admonitions from White House COVID-19 coordinator Dr. Ashish Jha of damaging consequences from “every day we wait.”
Administration officials say they’re running low on money to stock up on, or even begin to order, the latest vaccines, tests and treatments. Also lacking are funds to reimburse doctors treating uninsured patients and to help poor countries control the pandemic.
House and Senate Democrats have been wrangling over how to resolve the stalemate and even over which chamber should vote first. It’s an open question whether they’ll ever get the GOP votes they’ll need to pull the legislation through the 50-50 Senate, and prospects in the narrowly divided House are unclear as well.
“There is still an urgency to pass a COVID relief package,” Senate Majority Leader Chuck Schumer, D-N.Y., said last week. “It’s very, very much needed.”
Optimists hope the measure could start rolling once Congress returns next week. Pessimists say without quick resolution, Democrats may not have enough leverage to push the money to passage until early fall. That’s when they could stuff it into legislation that will probably be needed to finance government — a bill that would avert a federal shutdown, a pre-election distraction Republicans will be desperate to avoid.
The heap of sidelined Democratic initiatives has grown this year, a victim of GOP opposition and rebellions by centrists like Sen. Joe Manchin, D-W.Va. Casualties include bills on voting rights, health care, environment, taxes, gun curbs, abortion rights, policing tactics and an investigation of the 2021 Capitol storming by then-President Donald Trump’s supporters.
While lawmakers have approved massive packages financing federal agencies through September and helping Ukraine counter Russia’s invasion, other priorities are dead or drifting, even as Democrats’ days running Congress are likely dwindling. Republicans are favored to win House control in November’s elections and could grab the Senate as well, and Democrats’ frustration is clear.
“So far it hasn’t moved,” Sen. Mazie Hirono, D-Hawaii, said of Biden’s latest $22.5 billion request for COVID-19, which he initially sent Congress three months ago. “But then neither has sensible gun legislation, neither has voting rights.”
“The 50-50 Senate sucks,” she said.
The COVID money is needed quickly, officials say. Their warnings have come with over 1 million U.S. deaths from the disease and a fresh variant that daily is hospitalizing over 100,000 Americans and killing more than 300. Both numbers are rising.
Officials say that lacking fresh funds, the U.S. is falling behind other countries that are already lining up for supplies needed for fall and winter. That’s prompted Jha to plan for the chance that Congress provides no new money at all, threatening painful choices about what to do if there aren’t enough vaccines or therapeutics for all who need them.
“It would be terrible,” Jha told reporters recently. “I think we would see a lot of unnecessary loss of life if that were to happen.”
Congress has provided $370 billion for purchasing supplies, for research and other public health initiatives to combat the pandemic, according to administration tallies obtained by The Associated Press. Around $14 billion of it was unspent or not committed to contracts as of April 5, the documents show, serious money but an amount the administration says falls below the ultimate need.
Most Republicans are skeptical about added pandemic funding. “I have a hard time believing that there’s not enough money and not enough flexibility already” to use it, said Sen. Kevin Cramer, R-N.D.
Counterintuitively but unsurprisingly for the always perplexing Senate, one intractable puzzle stymying Democrats is immigration.
Senate Republicans are demanding a vote an amending the pandemic legislation with language retaining Trump-era curbs that, citing COVID-19, have made it easier to bar migrants from entering the U.S.
A federal judge has blocked Biden from ending those restrictions. Liberals want Congress to eliminate the clampdown, but moderate Democrats in both chambers facing tough reelections want to vote to retain it.
The result: Testy divisions between the Democrats’ two ideological factions, and knotty questions for party leaders about how to resolve them and push a pandemic package to passage.
Their task is compounded by disputes between House and Senate Democrats over why the COVID-19 battle remains unresolved.
Senate Democrats note a bipartisan $15.6 billion pandemic compromise was on the cusp of House passage in March until that chamber’s progressive Democrats rebelled against spending cuts to pay for it, derailing the money. “We’re waiting for the House to send us something,” Schumer said last week.
House Democrats say even if they do, the biggest hurdle will still be the Senate, where 10 GOP votes will be required to reach that chamber’s usual 60-vote threshold for passage. They note that an April deal between Schumer and Sen. Mitt Romney, R-Utah, for $10 billion in COVID-19 money collapsed after Republicans demanded the immigration vote.
“We want to get COVID-19 done, but the only impediment right now is the United States Senate,” House Majority Leader Steny Hoyer, D-Md., told reporters recently.
That’s left Republicans waiting for Democrats’ next move.
“I would imagine at this point way over half of our members will vote against this, no matter what. So the question is what do you do to get it acceptable to 10 or 12″ Republican senators, said Sen. Roy Blunt of Missouri, a member of GOP leadership. “And I don’t know.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/01/block-covid-funds-risks-us-lives-white-house-says/ | 2022-06-01T15:47:38Z |
Hogan will call for a GOP ‘course correction’ from Trump during speech at Reagan Library
By Michael Warren, CNN
Maryland GOP Gov. Larry Hogan will call for a “course correction” for the Republican Party following the Trump administration during a speech Tuesday night, according to prepared remarks obtained by CNN.
“A party that lost the popular vote in seven out of the last eight presidential elections, and that couldn’t even beat Joe Biden, is desperately in need of a course correction,” Hogan plans to say to an audience at the Ronald Reagan Library in Simi Valley, California. “The truth is the last election was not rigged and it wasn’t stolen. We simply didn’t offer the majority of voters what they were looking for.”
Hogan, one of several Republican Party figures to speak at the Reagan Library’s ongoing “Time for Choosing” series, will also call the insurrection at the US Capitol on January 6, 2021, an “outrageous attack on our democracy” and will blame it on former President Donald Trump’s “inflammatory false rhetoric.” He will cite a long list of political losses for Republicans since 2016 and refer to it as the worst period for the GOP since the 1930s.
“Trump said we would be winning so much we’d would get tired of winning,” Hogan will say. “Well, I’m tired of our party losing.”
Hogan’s remarks come as the two-term governor is positioning himself for a potential run for the White House. A relatively moderate Republican, Hogan has been critical of Trump’s influence on the party and even considered challenging Trump in the 2020 GOP primary. He has said if he had been in the US Senate, he would have voted to convict the former president in the 2021 impeachment trial.
In his forthcoming remarks at the Reagan Library, Hogan will pitch himself as a Republican who can win a wider swath of the electorate, touting his wins among suburban women, Asians, Hispanics and young voters.
This is not the first time in recent months Hogan has called for a new direction for the Republican Party. In a February interview with CNN’s Jake Tapper on “State of the Union,” the Maryland governor said the GOP has been “sometimes focused on the wrong things” — specifically citing the focus on relitigating the 2020 election.
But beyond his critique of the GOP, Hogan will also make a case against President Joe Biden and his administration at the Reagan Library.
“In Washington, the Democratic Party is dragging us in a far-left direction that America does not want and can not afford,” Hogan plans to say. “Joe Biden said he would govern from the center and unite the country, but instead he caters to the far-left extremes of his party and flails from crisis to crisis, showing weakness to the world.”
He will also compare the current situation in America to that of 1980, when the country was “beset by out-of-control inflation,” “an energy crisis” and “violent crime” in cities. That year, the incumbent Democrat, President Jimmy Carter, lost reelection to Reagan — who, like Hogan, had been a two-term governor.
For months, Hogan, who is term-limited and cannot seek reelection this year, is sending signals he wants to attempt to follow in Reagan’s footsteps toward a White House bid. At a February press conference announcing he would not run for the US Senate this year, Hogan hinted at his interest in running for higher office.
“My current job as governor runs until January 2023, and then we’ll take a look and see what the future holds after that,” he said on February 8.
On the same day, Hogan’s political group, An America United, released an online video titled “Better Way Forward” that features the governor delivering what sounds like a presidential campaign stump speech.
Hogan was first elected governor in 2014 and in 2018 was reelected to a second term — the first Maryland Republican to do so in more than 60 years. For the past three decades, the state has been dominated by the Democratic Party at the state and federal levels. George H.W. Bush was the last Republican presidential nominee to win the Old Line State, in 1988.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/03/hogan-will-call-for-a-gop-course-correction-from-trump-during-speech-at-reagan-library/ | 2022-05-03T13:11:23Z |
Protiviti is one of 25 large companies recognized for a commitment to an inclusive, high-trust culture
MENLO PARK, Calif., Sept. 7, 2022 /PRNewswire/ -- Global consulting firm Protiviti has been named to the Fortune 'Best Workplaces in Consulting & Professional ServicesTM' list for the sixth consecutive year. The 2022 list is based on the analysis of survey responses from more than 104,000 U.S. employees of Great Place to Work-CertifiedTM companies in the consulting and professional services industry. Protiviti is one of 25 organizations recognized in the Large Companies category.
Surveyed employees were asked 60 questions about their experiences of trust, respect, credibility, fairness, pride and camaraderie in their companies. In addition, the companies provided demographic data and information about their culture; diversity, equity and inclusion initiatives; innovation efforts; recruiting and training; benefits and recognition programs to demonstrate why they are a great workplace for all.
"We're proud to be consistently recognized for creating a work environment where our people feel included and empowered to collaborate, innovate and deliver excellent results for our clients," said Joseph Tarantino, Protiviti president and CEO. "Our core values of integrity, inclusion, innovation and commitment to success inspire us as we assist our clients with today's business challenges and help them transform to meet the challenges of the future."
"These companies have adapted to the challenges of an ever-changing workplace by their commitment to inclusive, high-trust cultures where employees are treated as human beings first and foremost," said Michael C. Bush, CEO of Great Place to Work. "Congratulations to the Best Workplaces in Consulting & Professional Services."
Protiviti was ranked #15 on the 2022 Fortune 100 Best Companies to Work For® list, its eighth consecutive year on this list. The company was also named to the 2022 Best Workplaces for MillennialsTM and Best Workplaces in the Bay Area® lists, and to the 2022 PEOPLE Companies that Care® list, all of which are derived from data provided to Great Place to Work and an annual employee survey.
About Protiviti
Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned Member Firms provide clients with consulting and managed solutions in finance, technology, operations, data, digital, legal, governance, risk and internal audit through its network of more than 85 offices in over 25 countries.
Named to the 2022 Fortune 100 Best Companies to Work For® list, Protiviti has served more than 80 percent of Fortune 100 and nearly 80 percent of Fortune 500 companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI). Founded in 1948, Robert Half is a member of the S&P 500 index.
All referenced marks are the property of their respective owners.
Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.
Editor's note: photo available upon request.
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SOURCE Protiviti | https://www.mysuncoast.com/prnewswire/2022/09/07/protiviti-named-2022-fortune-best-workplaces-consulting-amp-professional-services-list/ | 2022-09-07T17:58:24Z |
TAIPEI, April 13, 2022 /PRNewswire/ -- A physical show of COMPUTEX 2022 will be held at the Taipei Nangang Exhibition Hall from May 24 to 27, 2022. In addition, TAITRA will simultaneously hold an online exhibition called COMPUTEX DigitalGo (May 24 to June 6). This year, exhibitors and visitors are invited to participate in COMPUTEX both online and offline. The online registration is now open to buyers worldwide.
Leading Tech Companies Join COMPUTEX 2022
COMPUTEX is one of the world-leading ICT exhibitions. This year, the show focuses on six trendy themes: Accelerating Intelligence, Connected X-Experience, Digital Resilience, Innovative Computing, Innovations & Startups, and Sustainability. In addition, a number of top ICT leaders, including Acer, AMD, Apacer, Arm, ASUS, ATEN, Delta, GIGABYTE, IBM, Infineon, KIOXIA, Microsoft Corp., MSI, NVIDIA, NXP, Qualcomm, Quanta Cloud Technology (QCT), Supermicro, Texas Instruments, ZOTAC and more, will participate in hybrid events.
COMPUTEX CEO Keynotes & Forum Provide a Comprehensive View of the Industry Future
COMPUTEX will hold many events during the show this year. Some highlights include five COMPUTEX CEO Keynotes by the global tech giants. They will deliver hot topics and the latest trends that attendees could walk away with informative and insightful views.
The COMPUTEX Forum will revolve around the theme "Create the New Normal", consisting of two technological innovation and application sessions. The first session will focus on technology innovation, with the topic of "Technology Empowerment, Building Industry Chains", dissecting computing, 5G, IoT to drive the opportunities in AI. The second session will cover technology application with the topic of "Application Advancements – Realizing Future Scenarios", which focuses on virtual reality, smart life, remote work, and ESG management by using digital technology.
Diverse Activities to Create Excellent Visitor Experiences
TAITRA will actively integrate various services to generate leads for exhibitors as well as create brilliant visitor experiences.
- Global Procurement Meetings: Alternative physical exhibiting solutions will be offered to assist exhibitors in expanding their business opportunities. International VIP buyers and government procurement bidders are connected in one-on-one meetings with exhibitors.
- Live Studio: Exhibitors can showcase their latest products through a live studio, where buyers can get first-hand information.
- Guided Tour: There will be financial and industry experts, as well as opinion leaders from various fields leading the guided tours. More than 100,000 buyers can experience the show highlights without attending in person.
- COMPUTEX DigitalGo Online Exhibition: Through an interactive online exhibition platform, exhibitors can connect with visitors in real-time.
Visitor Registration at COMPUTEX:
More about COMPUTEX, please visit:
COMPUTEX : https://www.computextaipei.com.tw/
InnoVEX : https://www.innovex.com.tw/
Press Contacts:
Ms. Tessa Lin <tessalin@taitra.org.tw>
About COMPUTEX TAIPEI (also called COMPUTEX):
Established in 1981, COMPUTEX is one of the leading global ICT, IoT, and startup tradeshows with a complete supply chain and IoT ecosystems. Co-organized by the Taiwan External Trade Development Council (TAITRA) and Taipei Computer Association (TCA), COMPUTEX, based upon Taiwan's complete ICT clusters, covers the whole spectrum of the ICT industry, from established brands to startups and from ICT supply chain to IoT ecosystems. With strong R&D and manufacturing capabilities and IPR protection, Taiwan is a strategic destination for foreign companies and investors looking for partners in global technology ecosystems. Follow COMPUTEX on its website at www.computextaipei.com.tw and Twitter @computex_taipei using the hashtag #COMPUTEX.
About TAITRA
Founded in 1970, TAITRA is Taiwan's foremost nonprofit trade promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises to expand their global reach. Headquartered in Taipei, TAITRA has a team of 1,300 specialists and operates 5 local offices in Taoyuan, Hsinchu, Taichung, Tainan and Kaohsiung, as well as 63 branches worldwide. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade.
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SOURCE COMPUTEX | https://www.kxii.com/prnewswire/2022/04/13/computex-2022-returns-registration-is-now-open-buyers-worldwide/ | 2022-04-13T07:51:04Z |
HOUSTON, Aug. 9, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced an agreement in principle to provide 20 of the Company's JP3 Verax® analyzer units to ProFrac Holdings for a period of five years.
"In April we commenced a 10-year chemistry Supply Agreement with ProFrac, which we are ramping up. We served an average of 8 ProFrac frac fleets in the second quarter and expect to grow this rapidly. Today, we add a new facet to our already strong relationship. ProFrac's adoption of Flotek's JP3 Verax® analyzers is expected to accelerate diesel's replacement with natural gas produced in the field in ProFrac's dual-fuel fleets, thereby simultaneously reducing cost and greenhouse gas emissions while increasing returns to our producer customers and protecting their capital equipment. This is a win/win/win for Flotek, ProFrac, and producers," said Chairman and CEO John W. Gibson, Jr. He continued, "current use cases show that maximizing natural gas usage in dual fuel fleets can reduce diesel consumption by 50 – 70%. This, in turn, can enable dual fuel operations to adhere to Tier 4 EPA emissions requirements, which represent a reduction of 35% compared to Tier 2. These environmental benefits are further expected to be accompanied by both a rapid pay-back and significant long-term financial returns. We are extremely excited about the future as more customers evaluate this technology."
"ProFrac's agreement for JP3's sensors allows reliable and consistent gas quality that protects our people and equipment in highly variable field conditions. We believe JP3's energy content monitoring can be widely applied across the oil and gas industry," says Matt Wilks, ProFrac's Executive Chairman.
About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK." For additional information, please visit www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect, any event or circumstance that may arise after the date of this press release.
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SOURCE Flotek Industries, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/10/flotek-jp3-verax-analyzer-enables-field-gas-usage-profrac/ | 2022-08-10T04:47:39Z |
CLEVELAND, Sept. 1, 2022 /PRNewswire/ -- Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has completed its purchase of the protective materials business of DSM (including the Dyneema® brand), which will now be called Avient Protective Materials and reported within the company's Specialty Engineered Materials segment.
"We proudly welcome our newest associates and valued customers joining us today," said Robert M. Patterson, Chairman, President and Chief Executive Officer, Avient Corporation. "This next step in our specialty transformation expands our material offerings to provide solutions that require the highest level of performance in applications where failure is not an option."
The foundation of Avient Protective Materials is the renowned technology and globally admired brand of Dyneema®, the World's Strongest Fiber™. The ultra-lightweight specialty fiber is 15 times stronger than steel and is used in demanding applications, such as ballistic personal protection, marine and sustainable infrastructure, renewable energy, industrial protection and outdoor sports. The business includes six production facilities, four R&D centers and approximately 1,000 employees located around the world.
"With the addition of the Protective Materials business, we have significantly increased the size of our fastest growing platform and firmly established Avient as a leader in the advanced composites space," said Chris Pederson, President, Specialty Engineered Materials, Avient Corporation. "We look forward to collaborating with our customers to deliver on the ever-increasing requirements of product performance, achievable through innovation and material science."
About Avient
Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Examples include:
- Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
- Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint
- Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®. For more information, visit www.avient.com.
Forward-Looking Statements
In this press release, statements that are not reported financial results or other historical information are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without limitation, any supply chain and logistics issues; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; our ability to successfully integrate the Avient Protective Materials business and achieve the expected results of the business, including without limitation, the acquisition being accretive; any material adverse changes in the business supporting the Distribution assets being sold; the ability to obtain required regulatory approvals and otherwise consummate the proposed sale of the Distribution business; our ability to achieve the strategic and other objectives relating to the Avient Protective Materials business and the proposed sale of the Distribution business; and other factors described in our Annual Report on Form 10-K for the year ended December 31, 2021 under Item 1A, "Risk Factors." The above list of factors is not exhaustive.
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
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SOURCE Avient Corporation | https://www.mysuncoast.com/prnewswire/2022/09/01/avient-completes-acquisition-dsm-protective-materials-dyneema/ | 2022-09-01T05:48:15Z |
120,000 pounds of beef recalled over E.coli concerns
LOUISVILLE, Ky. (WAVE/Gray) - More than 120,000 pounds of ground beef products have been recalled due to E.coli concerns, according to the U.S. Department of Agriculture’s Food Safety and Inspection Service.
Lakeside Refrigerated Services issued the recall on beef products that were manufactured between Feb. 1 and April 8, according to an FSIS notice. The recalled brands include Nature’s Reserve, SEG, Thomas Farms, Tajima Beef Patties and Marketside Butcher wagyu beef, WAVE reported.
The items were shipped to retail locations nationwide.
There have been no reports of people getting sick after eating the recalled ground beef products.
The USDA lists beef items and product codes that are being recalled can be viewed as well as labels for the affected products.
The agency said it’s concerned that some products may be in people’s refrigerators or freezers.
People who have these products are urged not to eat them. Instead, throw them away or return them to the place of purchase.
Most people infected with E.coli O103 develop diarrhea (often bloody) and vomiting, but in rare cases, more serious illnesses may result, including a type of kidney failure. Seek medical attention if you or a loved one develop concerning symptoms.
Copyright 2022 WAVE via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/26/120000-pounds-beef-recalled-over-ecoli-concerns/ | 2022-04-27T18:58:01Z |
Special Weather Statement issued May 3 at 6:04AM MDT by NWS Pocatello ID
Motorists should expect hazardous travel conditions this morning
with snowfall accumulations of a trace to two inches. Plan for
slippery road conditions that could impact the morning commute.
Reports of 1 to 2 inches have been observed along ID-26 between
Gooding and Shoshone. Marginal road surface temperatures between
32 and 40 degrees may limit roadway accumulations.
Slow down and use caution while traveling in areas of snow and low
visibility, allowing for extra time to reach your destination.
The latest road conditions can be obtained by calling 5 1 1 or by
heading to 511.idaho.gov. | https://localnews8.com/weather/alerts-weather/2022/05/03/special-weather-statement-issued-may-3-at-604am-mdt-by-nws-pocatello-id/ | 2022-05-03T13:13:44Z |
GUANGZHOU, China, June 15, 2022 /PRNewswire/ -- Global fast-fashion brand XIMI-V with FMCGs as its key products has recently launched a new business model – joint operation.
Over the last few years, the franchise has been a major business between XIMI-V and its investors. Both XIMI-V headquarters and its franchisees are able to earn sound acknowledgment and benefits due to this business model.
To further enhance its brand awareness and transfer more profits to the partners, XIMI-V recently has launched a new business model – joint operation, for the purpose of closely connecting each other and bringing more benefits for both parties.
- Difference between franchise and joint operation
Franchise:
- Franchisees who cooperated with XIMI-V enjoy high profits without sharing and are allowed to operate the store independently.
- XIMI-V headquarters will provide professional guidance, training, and after-sales services during the whole process.
- This business model features cost-effective operation and diversified products, which is advantageous in a relatively short payback period.
Joint operation:
- It involves low investment risks and stable revenues.
- With a professional one-stop operation provided by the XIMI-V headquarters, this kind of business model is both time and money-saving.
- Custody-operated and administrated, there is no need to worry about the inventory pressure.
- Features and advantages of XIMI-V joint operation
- Low investment and cash flow budget
- Without pressure on inventory
- Safe, high, and stable return
- Good exit mechanism
- Product deposit system
Under the deposit system, investors are able to pay the product deposits at one time, which includes the deposit for the first patch of products and each purchase.
Plus, there is no need for investors to bear inventory pressure, which is good for avoiding the market operation risks for investors.
Apart from these, the deposit will be returned when the contract expires. As a result, its ROI is much higher than the traditional buyout system.
About XIMI-V
XIMI-V is a retailer providing high-quality lifestyle daily products in a cost-effective manner. It has opened more than 1,700 stores in 93 countries, such as the USA, UK, France, UAE, China, Indonesia, Cyprus, etc.
For more information, please contact us by:
Mail: ximivogue_official@ximiso.com
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SOURCE XIMI-V | https://www.kxii.com/prnewswire/2022/06/16/ximi-v-joint-operation-business-model/ | 2022-06-16T02:51:28Z |
Uvalde police investigating shooting at park
Published: Sep. 8, 2022 at 7:03 PM CDT|Updated: 6 minutes ago
(Gray News) - Police in Uvalde, Texas, responded to a shooting in a park Thursday evening.
Around 7 p.m. ET, the Uvalde Police Department wrote in a Facebook post: “Please AVOID the area of the Uvalde Memorial Park. The Uvalde Police Department is currently investigating a shooting with injured victims.”
San Antonio TV station KENS reports two people were shot, with their conditions currently being unknown, and that police are searching for two suspects.
On May 24, a gunman killed 19 students and two teachers at Robb Elementary School in Uvalde.
Copyright 2022 Gray Media Group, Inc. All rights reserved. The Associated Press contributed to this report. | https://www.kxii.com/2022/09/09/uvalde-police-investigating-shooting-park/ | 2022-09-09T00:22:04Z |
Kaprizov gets hat trick as Wild thump Blues 6-2, even series
By DAVE CAMPBELL
AP Sports Writer
ST. PAUL, Minn. (AP) — Kirill Kaprizov had a hat trick and Joel Eriksson Ek scored twice for the Minnesota Wild, who snapped back at the St. Louis Blues with a 6-2 victory to even their first-round playoff series at one game apiece. Frederic Gaudreau and Kaprizov scored on the power play for the Wild. They went 0 for 6 with the man advantage in their 4-0 defeat in Game 1. Marc-Andre Fleury made 32 saves for Minnesota. Jordan Kyrou’s rebound midway through the second period on a power play finally put the Blues on the board. Vladimir Tarasenko had a goal and an assist. | https://localnews8.com/sports/ap-national-sports/2022/05/04/kaprizov-gets-hat-trick-as-wild-thump-blues-6-2-even-series/ | 2022-05-05T06:34:56Z |
Ukrainian nuke plant near fighting cut off from power grid
NIKOPOL, Ukraine (AP) — Ukrainians are once again anxious about the fate of a nuclear power plant in a land that was home to the world’s worst atomic accident in 1986 at Chernobyl — and alarm only increased Thursday when the plant operator said the facility has been cut off from the electrical grid.
The Zaporizhzhia nuclear plant, Europe’s largest, has been occupied by Russian forces since the early days of the war, and continued fighting near the facility has heightened fears of a catastrophe that could affect nearby towns in southern Ukraine — or potentially an even wider region.
On Thursday, the plant was cut off from the power grid for the first time after fires damaged the only working transmission line, according to Ukraine’s nuclear power operator. It was not clear if the plant had been reconnected. As long as it remains off the grid, it will have to rely on emergency diesel generators to run cooling systems that are essential for the safe operation of the reactors.
The cutoff underscored concerns about the plant, which the government in Kyiv alleges Russia is essentially holding hostage, storing weapons there and launching attacks from around it. Moscow, meanwhile, accuses Ukraine of recklessly firing on the facility, which is located in the city of Enerhodar.
“Anybody who understands nuclear safety issues has been trembling for the last six months,” Mycle Schneider, an independent policy consultant and coordinator of the World Nuclear Industry Status Report, said before the latest incident at the plant.
Ukraine cannot simply shut down its nuclear plants during the war because it is heavily reliant on them, and its 15 reactors at four stations provide about half of its electricity. Still, an ongoing conflict near a working atomic plant is troubling for many experts who fear that a damaged facility could lead to a disaster.
That fear is palpable just across the Dnieper River in Nikopol, where residents have been under nearly constant Russian shelling since July 12, with eight people killed, 850 buildings damaged and over the half the population of 100,000 fleeing the city.
Liudmyla Shyshkina, a 74-year-old widow who lived within sight of the Zaporizhzhia plant before her apartment was bombarded and her husband killed, said she believes the Russians are capable of intentionally causing a nuclear disaster.
Fighting in early March caused a brief fire at the plant’s training complex that officials said did not result in the release of any radiation. Ukrainian President Volodymyr Zelenskyy says Russia’s military actions there amount to “nuclear blackmail.”
No civilian nuclear plant is designed for a wartime situation, although the buildings housing Zaporizhzhia’s six reactors are protected by reinforced concrete that could withstand an errant shell, experts say.
The more immediate concern is that a disruption of electricity supply — like the one nuclear power operator, Energoatom, reported Thursday that meant two remaining reactors at the plant were disconnected from the grid.
The operator said it couldn’t immediately comment on the operation of safety systems at the plant, where emergency diesel generators are sometimes unreliable.
External power is essential not just to cool the two reactors still in operation but also the spent radioactive fuel stored in special facilities onsite — and only one of the plant’s four power lines connecting it to the grid has been operational.
“If we lose the last one, we are at the total mercy of emergency power generators,” said Najmedin Meshkati, a professor of civil and environmental engineering at the University of Southern California.
Another concern about the fighting nearby is that pools where spent fuel rods are kept to be cooled also are vulnerable to shelling, which could cause the release of radioactive material.
Kyiv told the International Atomic Energy Agency, the U.N.’s nuclear watchdog, that shelling earlier this week damaged transformers at a nearby conventional power plant, disrupting electricity supplies to the Zaporizhzhia plant for several hours.
The atomic agency’s head, Rafael Mariano Grossi, said Thursday he hopes to send a mission to the plant within “days.”
Negotiations over how the mission would access the plant are complicated but advancing, he said on France-24 television after meeting in Paris with French President Emmanuel Macron, who pressed Russian President Vladimir Putin in a phone call last week to allow the U.N. agency to visit the site.
“Kyiv accepts it. Moscow accepts it. So we need to go there,” Grossi said.
At a U.N. Security Council meeting Tuesday, U.N. political chief Rosemary DiCarlo urged the withdrawal of all military personnel and equipment from the plant and an agreement on a demilitarized zone around it.
He and Schneider expressed concern that the occupation of the plant by Russian forces is also hampering safety inspections and the replacement of critical parts, and is putting severe strain on hundreds of Ukrainian staff who operate the facility.
“Human error probability will be increased manifold by fatigue,” said Meshkati, who was part of a committee appointed by the U.S. National Academy of Sciences to identify lessons from the 2011 nuclear disaster at Japan’s Fukushima nuclear plant. “Fatigue and stress are unfortunately two big safety factors.”
If an incident at the Zaporizhzhia plant were to release significant amounts of radiation, the scale and location of the contamination would be determined largely by the weather, said Paul Dorfman, a nuclear safety expert at the University of Sussex who has advised the British and Irish governments.
The massive earthquake and tsunami that hit the Fukushima plant destroyed cooling systems, which triggered meltdowns in three of its reactors. Much of the contaminated material was blown out to sea, limiting the damage.
The April 26, 1986, explosion and fire at one of four reactors at the Chernobyl nuclear plant north of Kyiv sent a cloud of radioactive material across a wide swath of Europe and beyond. In addition to fueling anti-nuclear sentiment in many countries, the disaster left deep psychological scars on Ukrainians.
Zaporizhzhia’s reactors are of a different model than those at Chernobyl, but unfavorable winds could still spread radioactive contamination in any direction, Dorfman said.
“If something really went wrong, then we have a full-scale radiological catastrophe that could reach Europe, go as far as the Middle East, and certainly could reach Russia, but the most significant contamination would be in the immediate area,” he said.
That’s why Nikopol’s emergency services department takes radiation measurements every hour since the Russian invasion began. Before that, it was every four hours.
___
Jordans reported from Berlin. Associated Press writer Edith M. Lederer at the United Nations contributed.
___
Follow AP coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/25/ukrainian-nuke-plant-near-fighting-cut-off-power-grid/ | 2022-08-25T16:14:02Z |
NEW YORK, April 19, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of American Campus Communities, Inc. ("ACC" or the "Company") (NYSE: ACC), in connection with the proposed acquisition of the Company by Blackstone Inc. (NYSE: BX). Under the terms of the merger agreement, the Company's shareholders will receive $65.47 in cash for each share of ACC common stock owned. The transaction is valued at $12.8 billion.
If you own ACC shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/acc
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) ACC's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $65.47 per-share merger consideration adequately compensates ACC's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/04/19/shareholder-alert-weiss-law-investigates-american-campus-communities-inc/ | 2022-04-19T21:07:38Z |
No satisfaction: Jagger has COVID, Rolling Stones gig off
AMSTERDAM (AP) — The Rolling Stones canceled their concert in Amsterdam on Monday, just hours before it was due to start after lead singer Mick Jagger tested positive for COVID-19.
The band announced the cancelation in a statement, saying the 78-year-old Jagger tested positive “after experiencing symptoms of COVID upon arrival at the stadium” on the outskirts of Amsterdam. There were no further details about his condition.
“The Rolling Stones are deeply sorry for tonight’s postponement, but the safety of the audience, fellow musicians and the touring crew has to take priority,” the statement said, adding that the show would be rescheduled and tickets for the concert at Amsterdam’s Johan Cruyff Arena would be honored for the new date.
Some fans were already in the stadium when it was announced that the show had been scrapped.
The veteran rockers are touring Europe with a show called SIXTY to mark six decades together. Their last show was at Liverpool’s Anfield Stadium on June 9. The next scheduled concert is in Bern, Switzerland, on June 17.
___
Follow AP’s pandemic coverage at https://apnews.com/hub/coronavirus-pandemic
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/13/no-satisfaction-jagger-has-covid-rolling-stones-gig-off/ | 2022-06-13T20:01:02Z |
Three new Creations and an Ice Cream Cake will be available for a limited time!
SCOTTSDALE, Ariz., July 7, 2022 /PRNewswire/ -- Cold Stone Creamery® (www.ColdStoneCreamery.com) is teaming up with Nintendo this summer to showcase three game-inspired Creations™ and an Ice Cream Cake.
Our Kirby™ and the Forgotten Land Creation – The Mighty Pink Puff – is made with Strawberry Ice Cream, Strawberries, Mini Marshmallows and Caramel. Our Animal Crossing™: New Horizons Creation – Island Getaway – has Chocolate Ice Cream, Strawberries, Bananas and Whipped Topping. And, finally, our Mario Party™ Superstars Creation – Superstar Sprinkle Blast – has Cake Batter Ice Cream®, Yellow Cake, Blue Frosting and Rainbow Sprinkles.
Mario and Luigi figurines will also be featured atop the Rainbow Sprinkle Road Ice Cream Cake, made with layers of moist Yellow Cake and Sweet Cream Ice Cream with Rainbow Sprinkles, all wrapped in fluffy Blue Frosting.
In addition to these sweet treats, three Nintendo-themed Gotta Have It® cup designs, each featuring elements from the fan-favorite Nintendo games Kirby and the Forgotten Land, Animal Crossing: New Horizons and Mario Party Superstars, will be available while supplies last.
All of these games are playable on the Nintendo Switch™ family of systems. In Kirby and the Forgotten Land, join Kirby in an unforgettable 3D platforming adventure through a mysterious world. Escape to a deserted island and create your own paradise as you explore, create and customize in Animal Crossing: New Horizons. And the Mario Party series returns with a superstar collection of classic gameboards and minigames to enjoy with family and friends in Mario Party Superstars.
"We are thrilled to announce that Cold Stone is joining together with Nintendo once again to celebrate ice cream season," said Sara Schmillen, vice president of marketing for Kahala Brands™, parent company of Cold Stone Creamery. "We knew we had to come up with something extra special for our third year, and what better than to feature three of Nintendo's beloved game titles like Kirby and the Forgotten Land, Animal Crossing: New Horizons and Mario Party Superstars. Our guests are going to love collecting their beloved Nintendo characters on special edition cups while enjoying our super-premium ice cream this summer!"
Cold Stone Creamery stores nationwide will offer the Nintendo Creations, Ice Cream Cake and special edition cups until September 30.
- The Mighty Pink Puff – Strawberry Ice Cream, Strawberries, Mini Marshmallows and Caramel
- Island Getaway – Chocolate Ice Cream, Strawberries, Bananas and Whipped Topping
- Superstar Sprinkle Blast – Cake Batter Ice Cream®, Yellow Cake, Blue Frosting and Rainbow Sprinkles
- Rainbow Sprinkle Road – Layers of moist Yellow Cake and Sweet Cream Ice Cream with Rainbow Sprinkles wrapped in fluffy Blue Frosting
In addition, Cold Stone Creamery® will be awarding 100 lucky winners a prize pack including a Nintendo Switch™ – OLED Model system and game download codes for digital versions of the Mario Party™ Superstars, Kirby™ and the Forgotten Land, Animal Crossing™: New Horizons games plus a $25 Cold Stone® Gift Card. To learn more about the Cold Stone® x Nintendo Switch Sweepstakes and to enter, visit the contest page at coldstonecreamery.com/nintendoswitch.
NO PURCHASE NECESSARY TO ENTER OR WIN. Sweepstakes begins on July 6, 2022 at 12:00 A.M., Scottsdale, Arizona time and ends September 30, 2022 at 11:59 P.M., Scottsdale, Arizona time. Open only to eligible legal 50 U.S./DC residents who are 18 years or older. For Official Sweepstakes Rules and complete details, including participation instructions, odds of winning, prize details, restrictions, etc. please visit https://coldstonecreamery.com/nintendoswitch. Subject to all applicable federal, state, and local laws. Void where prohibited by law. Sponsored by Kahala Management, L.L.C., 9311 E. Via de Ventura, Scottsdale, AZ 85258. Twitter, Facebook, and Instagram are not responsible for the promotion, administration, or execution of this Sweepstakes. Nintendo is not a sponsor, co-sponsor or administrator of this Sweepstakes. Nintendo trademarks and copyrights are properties of Nintendo.
Cold Stone Creamery® delivers the Ultimate Ice Cream Experience® through a community of franchisees who are passionate about ice cream. The secret recipe for smooth and creamy ice cream is handcrafted fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. Headquartered in Scottsdale, Arizona, Cold Stone Creamery is owned by parent company Kahala Brands™, one of the fastest growing franchising companies in the world with a portfolio of nearly 30 fast-casual and quick-service restaurant brands with approximately 3,000 locations in 35 countries. The Cold Stone Creamery brand operates nearly 1,500 locations globally in approximately 30 countries worldwide.
For more information about Cold Stone Creamery, please visit www.ColdStoneCreamery.com.
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SOURCE Cold Stone Creamery | https://www.wibw.com/prnewswire/2022/07/07/cold-stone-creamery-nintendo-team-up-again-celebrate-summer/ | 2022-07-07T12:34:01Z |
BURBANK, Calif., April 22, 2022 /PRNewswire/ -- California Psychics has a simple Match Me tool that consists of a quiz that can help you find the perfect psychic to make your reading a positive one. If you have questions about any part of your future, a psychic reading by California Psychics can change your life.
Just answer three simple questions and we'll recommend some of our most trusted advisors for an accurate and customized psychic reading experience.
(1) What area interests you most? Love. Money. Need Guidance. Deceased Loved Ones. Career. Destiny & Life Path. Lost Objects. Past Lives. Pets.
(2) What style of reading do you want? Straightforward. Inspirational. Compassionate. Spiritual.
(3) What psychic tool do you prefer? No tools. Tarot. Astrology. Medium. Numerology. Clairvoyant. Remote Viewing. Crystals.
The Match Me tool only shows psychics who are online at that moment, so you can take the quiz at a different time with the same answers and get different recommendations.
Many first-time users ask about relationships or career, but our trusted online psychics can offer advice for whatever is on your mind. Their specialties range from love to life path to lost objects, money to missing persons, past lives to pets.
Our spiritual advisors use psychic tools such as Tarot, crystals, I-Ching, astrology, and dream analysis to provide the guidance you need to live positively and have healthy connections in your future. You will speak with them in private via phone, from a quiet place where you can relax, focus, and find clarity.
Find the caring, thoughtful, and focused insight you're looking for with California Psychics' expert psychic advisors. They can help lead you on a path to serenity, happiness, and success.
About California Psychics
California Psychics is the most trusted source of psychic readings. We have delivered over 11 million discreet and confidential psychic readings since 1995. Learn more about how psychic readings work and explore the California Psychics blog. With over 500 psychics online to choose from with real customer reviews, you're sure to find the best psychics for you. Call one of our trusted and accurate psychics today! Confidential and secure, real psychics, accurate predictions, 100% guaranteed.
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SOURCE California Psychics | https://www.mysuncoast.com/prnewswire/2022/04/23/california-psychics-announces-match-me-tool/ | 2022-04-23T06:41:36Z |
Revenue grows 48% Y/Y, Adjusted EBITDA Improves 53% Y/Y, and Positive Cash Inflow from Operations
CUPERTINO, Calif., Aug. 18, 2022 /PRNewswire/ - (TSXV: BWLK) (OTCQB: BWLKF) – Boardwalktech Software Corp. ("Boardwalktech" or the "Company"), a leading digital ledger platform and enterprise software solutions company, is pleased to report its financial results for the three-month period ended June 30, 2022. All figures are reported in U.S. dollars, unless otherwise indicated. Boardwalktech's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS").
- Revenue for Q1-FY23 was $1.51 million, a 48% increase from $1.02 million in Q1-FY22, and a 26% sequential increase from $1.20 million in Q4-FY22. Revenue from recurring SaaS licenses in Q1 Fiscal 2023 increased 89% year-over-year from higher incremental licenses executed with both new and existing customers.
- Annual recurring revenue ("ARR"), at June 30, 2022 was $5.1 million, a 56% year-over-year increase versus ARR of $3.2 million at June 30, 2021. ARR is a non-IFRS measure, and the Company defines ARR as the recurring revenue expected based on annual license subscriptions and recurring services.
- Since the Company implemented its SaaS business model in 2018, total revenue from new contracts signed since 2018 comprised approximately 86% of total revenue in Q1-FY23, compared to 71% in the prior year, expanding at a 45% compound annual growth rate ("CAGR").
- Gross margin for Q1-FY23 was 90.2%, a 3.4%-point increase from the previous year's level of 86.8%, and a 2.6% point increase from Q4-FY22 gross margin of 87.9%.
- Adjusted EBITDA for Q1-F23 was a loss of $(0.26) million, a 53% improvement from the $(0.54) million loss in Q1 -FY22, and 44% sequential improvement from the $(0.45) million loss in Q4-FY22. Cash inflow from Operations was a positive $0.9 million, with a cash balance of $1.7 million as of June 30, 2022.
- Non-IFRS loss for Q1-FY23 (as defined in the Non-IFRS Financial Measures section) was a loss of $(0.27) million, or $(0.01) per basic and diluted share, a 52% improvement versus a $(0.56) million non-IFRS loss in Q1-FY22, or $(0.01) per basic and diluted share, and a 45% improvement versus $(0.49) million non-IFRS loss in Q4-FY22, or $(0.01) per basic and diluted share; as revenue growth outpaced selective opex spending.
- Net loss for Q1-FY23 was $(0.8) million, or a loss of $(0.02) per basic and diluted share, versus a $(0.7) million loss in Q1-FY22, or $(0.2) per basic and diluted share, and a $(1.1) million loss in Q4-FY22, or $(0.03) per basic and diluted share, a 23% sequential improvement.
- The Company is tracking at the high end of its previously announced revenue guidance of $6.5 million to $7.0 million for FY 2023 (60% year-over-year growth at top of range).
- The Company still believes it has sufficient funds and current receivables that it neither needs to, nor plans to raise additional equity to achieve its guidance.
- On June 30, 2022, the Company executed another expansion of its license and services contract, first started in 2018, with an existing customer (one of the world's top accounting and consulting firms), increasing the annual recurring revenue by an additional $500,000.
- On June 2, 2022, the Company announced results of its Annual and Special Meeting, where shareholders elected all proposed Directors, appointed MNP LLP as auditors of the Company and approved an amendment to the Equity Incentive Plan.
- On April 25, 2022, the Company announced it had signed its second banking client via a new license contract with a major India bank, with initial revenue beginning at the end of Q4-FY22.
"Momentum exiting Fiscal Year 2022 continued into the first quarter of this year, as the Company saw an increase of recurring revenue licenses both from new and existing customers, further demonstrating our 'land and expand' strategy. Our ARR is in excess of $5 million and continues to grow each month." Chief Executive Officer Andrew T. Duncan commented, "With our sequential and year-over-year growth in revenue, improvement in EBITDA, and positive cash flow from operations, we believe our reported results reflect that ongoing progress. Our June outlook was the Company's first guidance, but it did not include the conversion of deals in our pipeline, so any such success should be incremental to that guidance. In addition to this organic growth, following the success of the addition of two global banking institutions, we are experiencing good traction in this new business channel – both with new partners and end customers - and we expect to close new deals with other enterprises in the months ahead. The Boardwalktech low code digital ledger platform continues to gain traction with these enterprises as it seamlessly solves the many problems associated with structured and unstructured data delivering improved visibility and decision making along with outstanding results and ROI."
As part of the Company's annual ongoing retention program and as allowed under the 2019 Equity Incentive Plan, as amended and approved by shareholders on June 2, 2022, the Company has granted an aggregate of 1,994,000 Restricted Stock Units ("RSU's") to officers, directors and employees of the Company. 50,000 of the RSUs vest over a two-year period, and 1,944,000 of the RSUs vest over a three year period. These grants will be deemed effective as of August 31, 2022.
Boardwalktech has developed a patented Digital Ledger Technology Platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America. For more information on Boardwalktech, visit our website at www.boardwalktech.com.
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements.
An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated May 30, 2018. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE BoardwalkTech | https://www.wibw.com/prnewswire/2022/08/18/boardwalktech-reports-first-quarter-fiscal-2023-financial-results/ | 2022-08-18T12:33:30Z |
VINNYTSIA, Ukraine (AP) — Russian missiles struck a city in central Ukraine on Thursday, killing at least 23 people and wounding more than 100 others, Ukrainian authorities said. Ukraine’s president alleged the attack deliberately targeted civilians in locations without military value.
Officials said Kalibr cruise missiles fired from a Russian submarine in the Black Sea struck civilian buildings in Vinnytsia, a city 268 kilometers (167 miles) southwest of the capital, Kyiv. Vinnytsia region Gov. Serhiy Borzov said Ukrainian air defenses downed two of the four Russian missiles that were launched.
National Police Chief Ihor Klymenko said only six bodies have been identified so far, while 39 people are still missing. Three children where among the dead. Of the 65 people hospitalized, five remain in critical condition while 34 sustained severe injuries, Ukraine’s State Emergency Service said.
“There was a building of a medical organization. When the first rocket hit it, glass fell from my windows,” said Vinnytsia resident Svitlana Kubas, 74. “And when the second wave came, it was so deafening that my head is still buzzing. It tore out the very outermost door, tore it right through the holes.”
Along with hitting buildings, the missiles ignited a fire that spread to 50 cars in a parking lot, officials said.
“These are quite high-precision missiles … They knew where they were hitting,” Borzov told the AP.
Russia hasn’t officially confirmed the strike. But Margarita Simonyan, head of the state-controlled Russian television network RT, said on her messaging app channel that military officials told her a building in Vinnytsia was targeted because it housed Ukrainian “Nazis.”
Ukrainian President Volodymyr Zelenskyy accused Russia of intentionally aiming missiles at civilians. The strike happened as government officials from about 40 countries met in The Hague, Netherlands, to discuss coordinating investigations and prosecutions of potential war crimes committed in Ukraine.
“Every day Russia is destroying the civilian population, killing Ukrainian children, directing missiles at civilian objects. Where there is no military (targets). What is it if not an open act of terrorism?” Zelenskyy wrote on Telegram.
Ukrainian Interior Minister Denys Monastyrsky echoed Zelenskyy, calling the missile attack a “war crime” intended to intimidate Ukrainians while the country’s forces hold out in the east.
The U.S. embassy in Kyiv issued a security alert late Thursday urging all U.S. citizens remaining in Ukraine to leave immediately. The alert, which appeared to be in response to the Vinnytsia attack, asserted that large gatherings and organized events “may serve as Russian military targets anywhere in Ukraine, including its western regions.”
Vinnytsia is one of Ukraine’s largest cities, with a prewar population of 370,000. Thousands of people from eastern Ukraine, where Russia has concentrated its offensive, have fled there since Russia invaded Ukraine on Feb. 24.
Kateryna Popova said she saw many injured people lying on the street after the missiles struck. Popova had fled from Kharkiv in March in search of safety in “quiet” Vinnytsia. But the missile attack changed all that.
“We did not expect this. Now we feel like we don’t have a home again,” she said.
Borzov said 36 houses were damaged and residents have been evacuated while a 24-hour hotline has been set up for information on those injured or missing. July 14 will be declared as a day of mourning, he said.
Ukrainian military analyst Oleh Zhdanov said the attack mirrors previous ones on residential areas that Moscow has launched “to try to pressure Kyiv to make some concessions.”
“Russia has used the same tactics when it hit the Odesa region, Kremenchuk, Chasiv Yar and other areas,” Zhdanov said. “The Kremlin wants to show that it will keep using unconventional methods of war and kill civilians in defiance of Kyiv and the entire international community.”
Before the missiles hit Vinnytsia, the president’s office reported the deaths of five civilians and the wounding of another eight in Russian attacks over the past day. One person was wounded when a missile damaged several buildings in the southern city of Mykolaiv early Thursday. A missile attack on Wednesday killed at least five people in the city.
Russian forces also continued artillery and missile attacks in eastern Ukraine, primarily in Donetsk province after overtaking the adjacent Luhansk region. The city of Lysychansk, the last major stronghold of Ukrainian resistance in Luhansk, fell to Russian forces earlier this month.
Luhansk and Donetsk together make up the Donbas, a mostly Russian-speaking region of steel factories, mines and other industries that powered Ukraine’s economy.
Donetsk Gov. Pavlo Kyrylenko, meanwhile, urged residents to evacuate as “quickly as possible.”
“We are urging civilians to leave the region, where electricity, water and gas are in short supply after the Russian shelling,” Kyrylenko said in televised remarks. “The fighting is intensifying, and people should stop risking their lives and leave the region.”
On the battlefront, Russian and Ukrainian militaries are seeking to replenish their depleted stocks of unmanned aerial vehicles to pinpoint enemy positions and guide artillery strikes.
Both sides are looking to procure jamming-resistant, advanced drones that could offer a decisive edge in battle. Ukrainian officials say the demand for such technology is “immense” with crowdfunding efforts underway to raise the necessary cash.
In other developments:
— Russian-installed officials in southeastern Ukraine’s Zaporizhzhia region announced that they planned to hold an early September referendum on incorporating the region into Russia. Large parts of Zaporizhzhia are under Russian control now, as is most of neighboring Kherson. Kremlin-backed administrations in both areas have declared their intentions to become part of Russia. Separatist leaders in the self-proclaimed Donetsk and Luhansk “republics” have also announced similar plans.
— Russia’s parliamentary speaker visited separatist-held areas in eastern Ukraine on Thursday, hours after Kremlin-installed officials in the country’s south announced they would hold a referendum on joining Russia. According to Russian news agencies, Vyacheslav Volodin spoke of the need to harmonize legislation between Russia and the self-proclaimed “Luhansk People’s Republic” in his address to the territory’s self-proclaimed legislative assembly. He said Moscow and the separatists need to “create a single legal field” in the areas of health care, education, public utilities and social protections.
— Russian President Vladimir Putin on Thursday signed into law a bill banning the dissemination of information on Russian companies and individuals who could face international sanctions. The law explicitly bans from internet or media publication — without written permission — any information about transactions made or planned by Russian individuals or legal entities participating in foreign economic activity. It also suspends for three years the obligatory publication of key financial and governance information by major Russian state corporations.
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Maria Grazia Murru reported from Kyiv.
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Follow AP’s coverage of the Russia-Ukraine war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/ukraine-russian-missile-strike-kills-12-south-of-kyiv/ | 2022-07-14T19:02:29Z |
‘The Flash’ star Ezra Miller arrested again in Hawaii
PAHOA, Hawaii (HawaiiNewsNow/Gray News) - Ezra Miller, known for playing “The Flash,” was arrested early Tuesday in Hawaii after allegedly throwing a chair at a woman and leaving her with a gash to her forehead.
It’s the latest in a string of negative headlines involving the star.
Hawaii Island police said Miller was taken into custody about 1:30 a.m. Tuesday on a second-degree assault charge. Police said Miller allegedly “became irate” when asked to leave an acquaintance’s home and threw a chair at a woman.
The 26-year-old victim reported a half-inch cut to her forehead.
Miller was arrested following a traffic stop. Police said the star was subsequently released pending further investigation.
Miller has played “The Flash” in several movies, but has more recently grabbed attention for alleged erratic behavior. Last month, Miller was arrested after allegedly ripping a microphone out of a woman’s hands and lunging at a man playing darts at a Hilo karaoke bar.
On Tuesday afternoon, Miller appeared virtually in a Hilo courtroom to plead no contest to disorderly conduct stemming from that incident and agree to pay a $500 fine. A harassment charge was dropped.
The star responded to the judge with mostly one-word answers and signed off with “aloha kakou.”
Copyright 2022 Hawaii News Now via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/20/flash-star-ezra-miller-arrested-again-hawaii/ | 2022-04-21T17:28:47Z |
Round led by Seae Ventures and Kapor Capital focused on bringing doctors, social workers and software engineers together to better address rising maternal morbidity rate.
PHILADELPHIA, May 19, 2022 /PRNewswire/ -- Cayaba Care, a maternity health startup, announced today the closing of a $12 million Series A round that will work to expand the company's footprint within underserved populations. The funding will be used to increase staff, launch in additional markets and further invest in technology solutions that will increase access to much-needed holistic maternity services. The Series A round is led by Seae Ventures and Kapor Capital and includes new investors Wellington Partners, Citi Impact Fund and Rhia Ventures.
Founded in 2020 with a mission to improve community outcomes by reimagining how maternity and pediatric care is delivered, Cayaba Care focuses on bridging the maternal health gap for the more than 60,000 U.S. women who are affected by severe maternal morbidity. This latest round, which totals $15M to date with return investments from 100 percent of its institutional seed round funders (Digitalis Ventures, SteelSky Ventures, Flare Capital), will allow Cayaba to further expand its home-based multidisciplinary care team and provide holistic pregnancy care for the various populations it serves.
"Our team feels grateful to have the opportunity to continue to do this important work. As a former emergency room doctor, a healthcare insurance executive and most importantly, as a father, I have seen the vast gaps in the system for maternity healthcare, particularly affecting communities of color," said Dr. Olan Soremekun, CEO and cofounder of Cayaba Care. "Through this investment, Cayaba will be able to support pregnant people and families in a meaningful way that will reverse the trend of maternal morbidity for our country."
Diversity Driven Leadership For Equitable Community Outcomes
One of the other ways Cayaba Care seeks to grow and scale a unique solution in this space is by establishing a diverse Series A Board that is 50% Women as well as 50% Black, a rarity given the demographics of the venture capital industry. According to the US Census Bureau, fewer than 4% of healthcare and social services companies are Black-owned, while U.S. women+ digital health dollars make up just 5% of all digital health funding secured, according to data analyzed by Rock Health. By ensuring diverse representation of the populations it serves, Cayaba aims to increase the cultural competency needed to close the maternal morbidity issue that is impacting these underserved populations.
Severe maternal morbidity is defined as an unexpected outcome during pregnancy, labor and delivery or postpartum that has serious short- or long-term health impacts and which largely differs among races and ethnicities with Black mothers being three times more likely to die from pregnancy-related causes than white women.
"I am highly concerned about the maternal morbidity rates trend we are seeing nationwide, particularly when we consider the racial disparities we are seeing in the quality and delivery of healthcare, and in the prevalence of underlying chronic conditions and implicit bias," said Seae Ventures Principal and Cayaba Care board member Arianne Kidder. "Our team is proud to invest in and support Cayaba Care's blend of holistic maternity support, proprietary technology and community sourced maternity navigators to ensure that Black women are receiving trusted care and that we are improving health outcomes for birthing moms everywhere."
U.S. Maternal Mortality On The Rise
In 2018, a study from the Commonwealth Fund found that the U.S. recorded a maternal mortality ratio of 20 maternal deaths per 100,000 live births, the worst among developed countries. Additionally, the study noted:
- The U.S. was one of only two countries (along with the Dominican Republic) to report a significant increase in its maternal mortality ratio
- The estimated total maternal morbidity costs for all U.S. births in 2019 to be $32.3 billion.
- More than 700 women die of pregnancy-related complications each year and over two-thirds of these deaths are preventable.
- The rate of maternal morbidity in the US has doubled in the last few decades, and is also double that of most other developed countries.
"Cayaba Care's concierge solution provides wrap-around services for low-income expectant mothers; women who have historically lacked access to such high-quality personalized care," said Kapor Capital Partner Ulili Onovakpuri. "We at Kapor Capital were impressed by the team's fast progress and huge impact, serving over 1000 moms and opening an in-person clinic in less than a year. This round of funding will help accelerate their growth and push to transform maternal health outcomes for low-income women and women of color across the U.S."
Cayaba Care + Local Partners = Compassionate Quality Care
To date, Cayaba Care has had great success in establishing its model of healthcare services. Patients who are part of the Cayaba Care program, when compared to those who are not:
- Are three times more likely to attend their scheduled OB appointments
- See a 35% reduction in emergency room visits.
Cayaba has also achieved high ratings for their patient care, with over 90% of members saying they would recommend the service to a friend.
As part of their local-first model, Cayaba Care partners with health systems such as Einstein Medical Center Philadelphia and Penn Medicine, as well as community organizations such as high schools, nonprofits, church groups, and local agencies to provide holistic, home-based care beyond what existing services can provide.
"Partnering with Cayaba Care offers a unique opportunity for our health system to partner with an integrated supportive care service model that may improve care delivery while evaluating its impact on the health outcomes of birthing patients and their families," says Dr. Sindhu Srinivas, Director of Obstetrical Services at HUP and vice chair for quality and safety in the department of Obstetrics and Gynecology at the University of Pennsylvania.
The Cayaba Care Approach
Cayaba Care is helping members have healthy deliveries and a comfortable pregnancy journey that takes into account their overall physical, mental, and emotional health for the long term. To do this, Cayaba Care:
- Provides a single point of contact, a local, trained Maternity Navigator who is the go-to point person for resources, logistics, accountability and emotional support.
- The Maternity Navigator and patients still receive support from a diverse staff of nurse practitioners, OBGYNs, lactation consultants, social workers and behavioral health specialists.
- Regular in-home and virtual visits to meet patients where they are and remove the cost barrier of transportation, childcare, and time taken off of work.
About Cayaba Care
Cayaba Care is a maternal health company offering community-based clinical services via technology-enabled multidisciplinary care teams. Cayaba Care provides care coordination, benefit sign-up, routine maternity care in the prenatal and postpartum period, mental health/counseling, breastfeeding support, and patient education. For more information about Cayaba Care, visit https://www.cayabacare.com.
About Dr. Olan Soremekun
Cayaba Care CEO and founder Dr. Olan Soremekun previously held executive roles at Cigna Health Insurance where he worked on supporting physician adoption of value-based programs and population health strategies. In addition, he has held several physician leadership roles at Jefferson Health and University of Pennsylvania. Dr. Soremekun earned his MD-MBA degree from Columbia University and completed his residency in Emergency Medicine at the Harvard Affiliated Emergency Medicine Program.
About Seae Ventures
Founded in 2019, Seae Ventures is dedicated to building and investing in early-stage healthcare technology and services companies primarily founded by women and people who identify as Black, Indigenous and people of color. With a proven track record of success in venture, corporate strategy, innovation, and human capital, Seae Ventures seeks to balance the needs of patients, providers, and payers by investing in diverse entrepreneurs with high growth potential in the healthcare and financial technology space. For more information on Seae Ventures, visit https://www.seaeventures.com.
About Kapor Capital
Since 2011, Kapor Capital has invested exclusively in early-stage, tech-driven companies committed to closing gaps of access, opportunity, or outcome for low-income communities and/or communities of color. Led by Ulili Onovakpuri and Brian Dixon, who became managing partners in January 2021, Kapor Capital was one of the first venture capital firms to openly accept cold requests via the website, create a fellows program providing a pathway for individuals underrepresented in venture to enter investing, and launch the Kapor Capital Founders' Commitment to help portfolio companies make collective progress in diversity, equity, and inclusion. As a family of organizations, Kapor Capital, Kapor Center, and SMASH work collectively at the intersection of tech, diversity, and entrepreneurship to end racial and gender inequities that persist in the tech ecosystem. Learn more at https://www.kaporcapital.com
Media Contact:
Sonia V. Diaz
sonia@zaidpr.com
305-457-8404
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SOURCE Cayaba Care | https://www.mysuncoast.com/prnewswire/2022/05/19/cayaba-care-secures-12m-series-funding-expand-maternity-health-access-services-underserved-populations/ | 2022-05-19T10:48:08Z |
New Invoca / Five9 integration enables marketing and contact center teams to share real-time insights across omnichannel customer journeys
SANTA BARBARA, Calif., Aug. 9, 2022 /PRNewswire/ -- Invoca, the cloud leader in AI-powered conversation intelligence, announced a new integration with Five9, an industry-leading provider of cloud contact center solutions, today during the Five9 CX Summit in Las Vegas. By connecting data from digital marketing campaigns to sales conversations handled by contact center agents, Invoca and Five9 enable CX-focused companies to leverage the contact center as a revenue growth engine and deliver more human customer experiences at scale.
Consumers Making "High Stakes" Purchases Want Both Digital and Human Engagement
Modern consumers start their buying journey through digital experiences – whether seeing a compelling ad on Google, visiting a website to do research, or watching a video on YouTube. But when making a "high stakes" purchase – like buying a car, getting a quote for insurance, or applying for a mortgage – these consumers turn to experts in the contact center for advice and reassurance before making a final buying decision. These consultative conversations represent a "moment of truth" where brands can acquire a new customer for life or lose out to a key rival.
But Marketing and Contact Center Teams Lack Unified Data, Hurting Growth and CX
While these customer journeys span digital engagement and human conversations, the marketing and contact center teams owning these respective areas lack the unified data to deliver great experiences and optimize growth strategies. Marketers cannot analyze what marketing campaigns on Google and Facebook drive sales in the contact center, and agents have no idea what promotions and products consumers were researching online before they called for advice. As a result, brands deliver poor experiences for customers and fail to achieve the contact center's full potential as a revenue driver.
Invoca and Five9 Empower Brands to Maximize Contact Center Revenue Impact
With the Invoca / Five9 integration, companies can utilize a unified, data-driven approach to maximize the joint impact of marketing and contact center teams. This integration enables companies to:
- Provide Marketers With Actionable Data on Contact Center Sales. With complete visibility into the entire customer journey, marketers can finally analyze which of their marketing campaigns on Google or Facebook drove sales to the contact center. Marketers use Invoca data to connect those initial pre-call clicks to the calls made in the contact center, thus helping them reduce their overall CPA and increase their marketing ROI. Agents can tailor live conversations to personalize the customer experience based on the caller's pre-call journey.
- Optimize the Blend of Automation and Human Engagement in the Contact Center. Contact centers can intelligently prioritize and route callers in Five9 based on data from pre-call digital journeys captured by Invoca. For example, a new customer who adds an expensive item to a shopping cart can be routed directly to a dedicated queue of high availability agents, avoiding any hold time that might jeopardize the sale. Conversely, a call from an existing customer about a straightforward topic, like checking order status, can first be routed to a Five9 Intelligent Virtual Agent (IVA) for self-service triage and potential resolution. This approach helps every contact center optimize the combination of high-value agent capacity and automation.
- Deliver Higher Touch Human Service, Using Data from Digital Interactions. With data from Invoca, agents using Five9 can understand what the caller was doing online before escalating to the voice channel for assistance. For example, an agent can see when a customer is researching a specific product or responding to a particular offer. The agent can use this pre-call context to provide more tailored recommendations based on where digital friction occurs (e.g. "I gather you were having trouble with the promo code, I can help you complete this transaction"). Having this pre-call context maximizes opportunities for agents to delight the customer at a critical moment of truth.
"We are thrilled to expand our partnership with Five9," said Gregg Johnson, CEO of Invoca. "Together, we are empowering marketing and contact center teams to drive revenue growth, optimize the customer experience, and stand out from the competition."
"Our partnership with Invoca enables companies to bridge the gap between marketing and the contact center," said Jake Butterbaugh, Senior Vice President, Global Partner Sales, Five9. "This will help our customers accelerate sales growth and further raise the profile of the contact center on the CEO agenda."
Expanding Ecosystem: Five9 and Invoca Integration Availability
Five9 is a featured partner of the Invoca Exchange, Invoca's expansive app directory, which contains more than 50 apps and integration partners that turn conversation data into automated action. Invoca's newly enhanced Five9 integration will be available to joint Invoca and Five9 customers via the Invoca Exchange and Five9 CX Marketplace, making it easy for businesses to easily integrate Invoca with the Five9 Intelligent Cloud Contact Center. Integration enrollment will begin for select beta customers in Q3.
As a certified Five9 Global Partner, Invoca integrates with Five9 to create a more enhanced experience when using the Five9 Intelligent Cloud Contact Center. Five9 Independent Software Vendors are a foundation of Five9's plan to move upmarket, support and deliver large global solutions, and drive world-class customer experience.
Invoca is a sponsor of the Five9 CX Summit, the #1 cloud contact center conference dedicated to making CX work for real life, taking place Aug. 9-11 at the Aria Resort & Casino in Las Vegas.
More Information:
- View a Live Demo at Five9's CX Summit: Invoca's vice president of product marketing, Ian Dailey, will demo Invoca's enhanced Five9 integration in the CX Hub on August 11th at 9AM PM PT at the Demopalooza Theater titled, "Know Before You Answer: Using Digital Intent to Route Calls and Inform Conversations with Invoca."
- Read the Blog Post: Invoca Combines Digital Journeys with Five9 Contact Center Interactions to Reimagine CX
- Watch the Video: Check out more details on the Invoca / Five9 integration here.
*Nothing contained in this press release shall be construed to create any joint venture or legal partnership between Five9 and Invoca.
Invoca is the cloud leader in AI-powered conversation intelligence for revenue teams that enables marketing, sales, customer experience, and eCommerce teams to understand and immediately act on the information consumers share via conversations. Through deep integrations with leading technology platforms, revenue teams can turn conversation data into automated action to enhance every digital touchpoint and human interaction, leading to better experiences, more conversions, and higher revenue. Invoca is trusted by top brands like Dish Network, Mayo Clinic, Mutual of Omaha, and 1-800-GOT-JUNK?. Invoca has raised $184M from leading venture capitalists, including Upfront Ventures, Accel, Silver Lake Waterman, H.I.G. Growth Partners, and Salesforce Ventures. For more information, visit www.invoca.com.
Five9 is an industry-leading provider of cloud contact center solutions, bringing the power of cloud innovation to more than 2,500 customers worldwide and facilitating billions of call minutes annually. The Five9 Intelligent Cloud Contact Center provides digital engagement, analytics, workflow automation, workforce optimization, and practical AI to create more human customer experiences, to engage and empower agents, and deliver tangible business results. Designed to be reliable, secure, compliant, and scalable, the Five9 platform helps contact centers increase productivity, be agile, boost revenue, and create customer trust and loyalty. For more information, visit www.five9.com.
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SOURCE Invoca | https://www.mysuncoast.com/prnewswire/2022/08/09/invoca-enhances-strategic-partnership-with-five9-empowering-marketing-contact-center-teams-drive-revenue-deliver-seamless-customer-experiences/ | 2022-08-09T13:44:40Z |
DONGGUAN, China, Aug. 24, 2022 /PRNewswire/ -- A touch of cultural glamor will once again be added to Dongguan's Humen Town as it hosts the Second Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Philatelic Exhibition on August 26. Beyond promoting stamp-collecting, the exhilarating event, as the GBA's high-end cultural activity held at the national level, will also increase the cultural exchanges between cities in the region.
On top of a staggering exhibition area of 10,000 square meters housing 1,192 exhibits, the exhibition features a 2,000-square-meter multifunctional hall for side events. Essentially a state-level gathering of competitive stamp displays, the event invites 750 exhibits from the GBA's philatelic associations, an increase of 300 exhibits from the previous session. And this would be the most appealing and much-awaited highlight. Completing this year's philatelic event is the show of over 50 types of rare postage stamps, outnumbering any previous Guangdong-hosted exhibition of this kind.
On the side of the four-day exhibition, a wide variety of non-competitive displays were held, said Wang Xiaoqiang, the office director of the secretariat for the exhibition's organizing committee. What merited attention, he continued, was how the debut of valuable antique stamps, such as the Penny Black, the world's first adhesive postage stamp, and the Dalong stamps, China's first set of stamps, and of postage stamps showcasing the GBA's urban landscape encouraged visitors to savor what these collections had to offer.
Besides the exciting philatelic exhibition, Humen has staged a raft of other events online and offline, including the Dongguan Shopping Festival and a creative night market, in August alone in a way that drives its economy and enables a booming consumer market. The spending of the town's businesses on promotion as a whole, expected to surpass the 10-million-yuan mark, will generate nearly 50 million yuan in sales of consumer goods.
By hosting an entirely new sort of philatelic exhibition, Humen promises to develop itself into a tourist resort with rich historical and cultural heritage, according to the town mayor Wu Qingqiu. That means the cultural feast will inspire the town to show its culture-rich image, boost consumption, and foster a stable economy.
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SOURCE The Organizing Committee of the Philatelic Exhibition | https://www.kxii.com/prnewswire/2022/08/25/dongguans-humen-embrace-culture-driven-economy-state-level-philatelic-exhibition-opens/ | 2022-08-25T03:46:45Z |
Parallaxes Capital Management Highlights Previously Terminated TRA of a Leading Coal Producer
Published: Sep. 9, 2022 at 3:14 PM CDT|Updated: 27 minutes ago
NEW YORK, Sept. 9, 2022 /PRNewswire/ -- Parallaxes Capital Management ("Parallaxes") is an alternative asset manager and, since 2017, has raised four funds dedicated to Tax Receivable Agreements ("TRAs"). As the market leader in monetizing TRAs, Parallaxes is dedicated to increasing the visibility and transparency of TRAs which remain an often overlooked and misunderstood asset class. In the vein of creating greater visibility into the TRA ecosystem, Parallaxes is pleased to highlight a notable development in the market as Cloud Peak Energy Inc. ("Cloud Peak") previously terminated its TRA with Rio Tinto Energy America Inc. ("Rio Tinto").
Cloud Peak disclosed that it paid $45 million to terminate an estimated $103 million TRA liability, recognizing a gain of $58 million. The Cloud Peak TRA provided for the payment of 85% of the net cash tax savings realized from certain tax attributes, including savings from the increase in tax basis obtained in connection with the acquisition of Cloud Peak's interests in Cloud Peak Energy Resources LLC.
Parallaxes views TRAs, including the Cloud Peak TRA, as a valuable tool to reduce certain moral hazard problems and informational asymmetry inherent in a company's public offering. TRAs help ensure that pre-IPO owners are economically aligned with new public shareholders and incentivize pre-IPO owners to pursue an IPO structure that provides the company with ongoing tax benefits. Parallaxes anticipates enhanced awareness and understanding of TRAs will drive increased market adoption.
Parallaxes Capital Management ("Parallaxes") is the premier investment firm focused exclusively on monetizing Tax Receivable Agreements ("TRAs"). Parallaxes offers private equity sponsors, co-investors and management team members solutions to achieve liquidity, diversification and optionality from their TRAs. Parallaxes was founded in 2017 and is comprised of experienced investment professionals from leading private equity and growth equity firms. To learn more, please visit www.plxcap.com This press release should not be regarded as representative of an official position or statement of Parallaxes or any related entity.
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SOURCE Parallaxes Capital
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/09/09/parallaxes-capital-management-highlights-previously-terminated-tra-leading-coal-producer/ | 2022-09-09T20:41:58Z |
GRAND RAPIDS, Mich., July 13, 2022 /PRNewswire/ -- Meijer achieved Gold-level status as a Veteran-Friendly Employer (VFE) from the Michigan Veterans Affairs Agency (MVAA) for its commitment to hiring, retaining and supporting military veterans.
Meijer is the first retailer to earn the MVAA's prestigious Gold-level honor as a VFE and is only the 20th to receive the Gold-level status, an achievement reached by just 3 percent of the more than 532 Michigan VFEs.
"Given the numerous Michigan team members identifying as veteran or active-duty service men and women, this recognition means a lot to us," said Tim Williams, Vice President of Diversity & Inclusion at Meijer. "Our focus is not just on hiring those who served, but also offering a workplace that values the unique strengths their service provides and offers the resources they need to thrive."
One such resource is mVets, the retailer's team member affinity group devoted to creating a safe space for service members, veterans and their allies to build community and share their voices and experiences. Meijer mVets Co-Lead, Director of Food Safety & Quality Compliance and current Army Reserve Col. Thomas McMahan played a significant role in building the submission describing the retailer's commitment to serving Meijer military service members, veterans and their families that secured the retailer's Gold-level VFE certification.
"The work mVets is doing is important to our team members," said McMahan, who's served in the U.S. Army Reserve for more than 30 years. "Not only are we supporting active and veteran service members and their families, but we're also helping to build an environment of education and understanding around what it means to have served."
MVAA, the state's central coordinating agency for Michigan's more than 550,000 veterans, launched the VFE program 8 years ago to support, recognize and enhance employers' veteran-centric initiatives. Starting with just 10 companies in 2014, the VFE program has grown to include 532 employers – 20 Gold, 57 Silver and 455 Bronze.
"Meijer is a Michigan staple and I am proud to see them become a Gold-level Veteran-Friendly Employer," MVAA Director Zaneta Adams said. "Our veterans are equipped with valuable skills and abilities that make them excellent job candidates and we are proud to see one of the nation's most trusted retailers join the ranks of other Gold-level VFEs. The work they do to hire, retain and support our veterans is part of what makes Michigan a great place to live, raise a family, work and retire."
Through the VFE program, employers are certified Bronze, Silver or Gold depending on their commitment to recruiting, training and retaining veterans. Bronze-Level Employers must commit to hiring a specific number of veterans, among other requirements, while Silver-Level Employers must meet all Bronze requirements and implement a certain number of veteran-friendly programs, such as on-the-job training.
Gold-Level VFEs must meet all Bronze and Silver requirements, show they retain a significant number of veteran employees over a 12-month period and implement a set number of veteran-centric programs.
About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 262 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the "one-stop shopping" concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.
About the Michigan Veterans Affairs Agency: Created by Executive Order in 2013, MVAA is Michigan's central coordinating agency for veterans and their families, providing support, care, advocacy and service. The agency works with the U.S. Department of Veterans Affairs, state departments, county agencies, and community and veterans service organizations throughout the state. The agency operates the Michigan Veteran Resource Service Center, a 24/7/365 call center in partnership with Michigan 211. Veterans can call 1-800-MICH-VET (800-642-4838) to get information and access a comprehensive network of resources and services. Learn more at Michigan.gov/mvaa.
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SOURCE Meijer | https://www.mysuncoast.com/prnewswire/2022/07/13/meijer-named-michigan-gold-certified-veteran-friendly-employer-by-michigan-veterans-affairs-agency/ | 2022-07-13T14:26:04Z |
VIDEO: Fishermen catch giant Pacific octopus while fishing in bay
Published: Jul. 8, 2022 at 5:08 PM CDT|Updated: 13 minutes ago
NEWPORT, Ore. (KPTV/Gray News) - A giant Pacific octopus was caught off the coast of Oregon in Yaquina Bay over the weekend.
KPTV reports Nick Johnson shared a video showing the octopus caught on a crab pot as the crabs were being hauled onto a boat.
The fishermen said they freed the octopus from the crab pot and released it back into the ocean.
According to National Geographic, giant Pacific octopuses grow bigger and live longer than any other octopus species. They are also reportedly found in coastal waters that include Oregon, California, Washington, Alaska and Japan.
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/08/video-fishermen-catch-giant-pacific-octopus-while-fishing-bay/ | 2022-07-08T22:23:56Z |
Letter recaps key highlights of fiscal year 2021 and features upcoming milestones for fiscal year 2022 and beyond
EDEN PRAIRIE, Minn., June 2, 2022 /PRNewswire/ -- NeuroOne Medical Technologies Corporation (NASDAQ: NMTC) ("NeuroOne" or the "Company"), a medical technology company focused on improving surgical care options and outcomes for patients suffering from neurological disorders, today announced the publication of the 2022 Annual Letter to Shareholders published in the Company's Proxy Statement for its Annual Meeting of Stockholders that occurred on May 31, 2022. The letter may be accessed here.
The letter recaps the key highlights of fiscal year 2021 and features upcoming milestones for fiscal year 2022 and beyond directed at developing the Evo® platform thin film electrode technology for patients suffering from epilepsy, chronic back pain, and Parkinson's disease.
In his letter, Dave Rosa, Chief Executive Officer of NeuroOne, states, "As we continue to develop our platform thin film electrode technology, we remain confident it will represent a transformational tool for neurosurgeons and neurologists. …. I believe we are on the right path to creating a meaningful impact in patients' lives and have been encouraged by positive feedback from physicians and patients who are excited to see our products in the market."
Highlights from Fiscal Year 2021:
- Completed equity raise in the amount of $12.5M in January of 2021
- Uplisted to Nasdaq in May 2021
- Successful completion of feasibility testing of combination recording and ablation electrode
- Partnership with RBC Medical for development of hardware for NeuroOne's ablation electrode
- Initiated long term testing for a newly designed electrode family for treating chronic back pain due to failed back surgeries, Parkinson's disease, and epilepsy
Milestones for Fiscal Year 2022 and Beyond:
- Re-submission to FDA for <30 day use for sEEG product line expected in August 2022
- Complete research and development of ablation system, including the sEEG electrodes
- Continue development of electrode for chronic stimulation
- Build a world class management team
- Support Zimmer Biomet in future expected launch of sEEG electrode family
- Explore expanding new indications for chronic stimulation electrodes
- Continue to explore complementary technology and partnerships
About NeuroOne
NeuroOne Medical Technologies Corporation is a developmental stage company committed to providing minimally invasive and hi-definition solutions for EEG recording, brain stimulation and ablation solutions for patients suffering from epilepsy, Parkinson's disease, dystonia, essential tremors, chronic pain due to failed back surgeries and other related neurological disorders that may improve patient outcomes and reduce procedural costs. For more information, visit https://www.n1mtc.com .
Forward Looking Statements
This press release may include 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. Except for statements of historical fact, any information contained in this presentation may be a forward–looking statement that reflects NeuroOne's current views about future events and are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. In some cases, you can identify forward–looking statements by the words or phrases "may," "might," "will," "could," "would," "should," "expect," "intend," "plan," "objective," "anticipate," "believe," "estimate," "predict," "project," "potential," "target," "seek," "contemplate," "continue, "focused on," "committed to" and "ongoing," or the negative of these terms, or other comparable terminology intended to identify statements about the future. Forward–looking statements may include statements regarding the timing of the Company's submission of its revised 510(k) clearance request for its Evo® sEEG Electrode for less than 30-day use, applications for, or receipt of, regulatory clearance, the Company's ability to submit a special 510(k) clearance request, the timing and extent of product launch and commercialization of our technology, the completion of research and development of our ablation system, the development of an electrode for chronic stimulation, the ability to build a world class management team, the expansion of new indications for chronic use electrodes, expected negotiations with Zimmer Biomet, exploration of complementary technology and partnerships, what the future may hold for electrical stimulation and NeuroOne's potential role. Although NeuroOne believes that we have a reasonable basis for each forward-looking statement, we caution you that these statements are based on a combination of facts and factors currently known by us and our expectations of the future, about which we cannot be certain. Our actual future results may be materially different from what we expect due to factors largely outside our control, including risks that the partnership with Zimmer Biomet may not facilitate the commercialization or market acceptance of our technology; risks that our sEEG electrodes may not be ready for commercialization in a timely manner or at all, whether due to supply chain disruptions, labor shortages, the impact of COVID-19 or otherwise; risks that our technology will not perform as expected based on results of our pre-clinical and clinical trials; risks related to uncertainties associated with the Company's capital requirements to achieve its business objectives and ability to raise additional funds; the risk that the COVID-19 pandemic will continue to adversely impact our business; the risk that we may not be able to secure or retain coverage or adequate reimbursement for our technology; uncertainties inherent in the development process of our technology; risks related to changes in regulatory requirements or decisions of regulatory authorities; that we may not have accurately estimated the size and growth potential of the markets for our technology; risks relate to clinical trial patient enrollment and the results of clinical trials; that we may be unable to protect our intellectual property rights; and other risks, uncertainties and assumptions, including those described under the heading "Risk Factors" in our filings with the Securities and Exchange Commission. These forward–looking statements speak only as of the date of this press release and NeuroOne undertakes no obligation to revise or update any forward–looking statements for any reason, even if new information becomes available in the future.
"Caution: Federal law restricts this device to sale by or on the order of a physician"
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SOURCE NeuroOne Medical Technologies Corporation | https://www.wibw.com/prnewswire/2022/06/02/neuroone-issues-letter-stockholders-connection-with-2022-annual-meeting-stockholders/ | 2022-06-02T13:24:06Z |
HealthWell's 2021 Year in Review Now Available
GERMANTOWN, Md., April 7, 2022 /PRNewswire/ -- The HealthWell Foundation®, an independent non-profit that provides a financial lifeline for inadequately insured Americans, is proud to announce that they have reached the milestone of providing financial assistance through more than 1.1 million grants. Since awarding their first grant in 2004, the HealthWell Foundation has served as a safety net to over 727,000 patients across more than 85 disease areas by providing over $2.7 billion in financial support to underinsured patients who would otherwise have forgone life-changing, often lifesaving, medical treatments simply because their health insurance was not enough.
HealthWell recently published its 2021 Year in Review illustrating its accomplishments. Highlights from 2021 include:
- Awarding over $818.4 million in medication copayment and insurance premium assistance to more than 175,000 underinsured Americans through close to 185,500 grants.
- Launching or re-opening 18 funds, including new funds to assist Medicare patients living with Myelodysplastic Syndromes, Neurocognitive Disease with Psychosis, Pancreatic Cancer and Pulmonary Hypertension.
- Continuing to compliantly operate over 60 funds in a variety of disease areas, including multiple funds in oncology, and special initiative funds in behavioral health and pediatrics.
- Receiving over $538* million in donations from the kindness of our corporate, non-profit, and individual supporters.
- Maintaining operational efficiency by programming grants with an overhead rate of less than 2.61% foundation-wide, while never using any donor dollars to pay administrative fees.
"We were honored to have achieved numerous milestones and to have been able to assist a record number of underinsured patients in 2021," said Krista Zodet, HealthWell Foundation President. "In addition, we were humbled by the dedicated support of our individual and corporate donors. Thanks to their continued generosity and unwavering trust, we were able to continue to carry out our mission to reduce financial barriers to care for underinsured patients with chronic or life-altering diseases. We do not take this support lightly, but believe that the trust our donors have placed in us is a direct result of the integrity and high standards with which we operate. Thank you for allowing the HealthWell Foundation to fill a critical, unmet need, for those who have nowhere else to turn."
The full version of our 2021 Year in Review can be viewed here. To learn more about HealthWell programs and our robust disease fund portfolio, visit our website at HealthWellFoundation.org.
About the HealthWell Foundation
A nationally recognized, independent non-profit organization founded in 2003, the HealthWell Foundation has served as a safety net across over 85 disease areas for more than 727,000 underinsured patients. Since its inception, HealthWell has provided over $2.7 billion in financial support through more than 1.1 million grants to access life-changing medical treatments patients otherwise would not be able to afford. HealthWell provides financial assistance to adults and children facing medical hardship resulting from gaps in their insurance that cause out-of-pocket medical expenses to escalate rapidly; HealthWell assists with the treatment-related cost-sharing obligations of these patients. HealthWell ranked 27th on the 2021 Forbes list of The 100 Largest U.S. Charities and was recognized for its 100 percent fundraising efficiency. For more information, visit www.HealthWellFoundation.org.
CONTACT:
Ginny Dunn
240-632-5309
ginny.dunn@healthwellfoundation.org
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SOURCE HealthWell Foundation | https://www.kxii.com/prnewswire/2022/04/07/healthwell-foundation-exceeds-1-million-grants-awarded-milestone/ | 2022-04-07T16:50:18Z |
MILWAUKEE, June 1, 2022 /PRNewswire/ -- Herzing University today announced the launch of a new Master of Social Work (MSW) program beginning in the fall semester of 2022. The online MSW program is designed for non-social work bachelor's degree holders and will prepare students to provide clinical social work service through hands-on experiences and education, addressing the increasing demand within the field.
The demand for social workers is projected to grow 12 percent from 2020 to 2030[i], faster than the average for all occupations, according to the Bureau of Labor Statistics. Approximately 78,300 openings for social workers are projected each year, on average, over the decade.
"This new Master of Social Work program will meet the demands of students who are passionate about social work by pushing them to critically examine systems, develop and change policies, advocate for social justice, and increase access to services in their specialization areas," said Herzing University's Regional Campus President Jeff Hill. "Students can enjoy the flexibility of an online program which promotes clinical social work excellence through emphasizing lifelong learning, professional development, service, networking, and adherence to the National Association of Social Workers (NASW) Code of Ethics."
The MSW program's field education curriculum is created to allow students to work on their field practicum hours while simultaneously completing their MSW coursework. Students participating in these programs will have access to fully online clinical programs, virtual simulated experiences, and the opportunity to learn from experienced and licensed clinical social workers. Students will spend time shadowing a social worker on-site, participating in weekly MSW supervision and developing field learnings.
The program has three specialization options - Mental Health, Medical Social Work, and Children, Families and Aging Services. Upon completion of their program, students should be able to:
- Demonstrate Ethical and Professional Behavior
- Engage Diversity and Difference in Practice
- Advance Human Rights and Social, Economic, and Environmental Justice
- Engage in Practice-informed Research and Research-informed Practice
- Engage in Policy Practice
- Engage with Individuals, Families, Groups, Organizations, and Communities
- Assess Individuals, Families, Groups, Organizations, and Communities
- Intervene with Individuals, Families, Groups, Organizations, and Communities
- Evaluate Practice with Individuals, Families, Groups, Organizations, and Communities
Throughout the comprehensive curriculum, students will learn how to apply social work knowledge, values, skills and cognitive affective processes in practice settings. These practice settings could include any location where prospective clients receive social work services, such as hospitals, schools, nursing homes, counseling centers, and criminal justice organizations.
Among the careers that can follow from successful completion of these programs are, but not limited to: Behavioral Health Therapist, Child Protective Services Supervisor, Clinical Social Worker, Disaster Response Social Worker, Domestic Violence Advocate, Foster Care Social Worker, Home Health & Hospice Social Worker, Mental Health Social Worker, Oncology Social Worker, School Social Worker, Substance Use Disorder Clinician, and Victim Advocate.
Herzing University has more than 50 online programs in technology, business, healthcare and public safety, as well as 10 campus locations across the country.
For more information on the new MSW program available at Herzing University, visit www.herzing.edu/behavorial-health/social-work.
Herzing University is an accredited, private nonprofit institution with 10 campuses across seven states, a continuing education division and an online division. Founded in Milwaukee in 1965, more than 40,000 students have graduated from the University's career-focused and flexible master's, bachelor's, and associate degree, diploma and continuing education programs. Fields of study span nursing, healthcare, technology, business and public safety. From 2013 through 2022, U.S. News & World Report has continually recognized Herzing University as having some of the best online programs nationally. Herzing University is accredited by the Higher Learning Commission. More information about Herzing University is available at www.herzing.edu.
Media Contact:
Brett Gerrish
CBD Marketing
bgerrish@cbdmarketing.com
517.899.7795
i https://www.bls.gov/ooh/community-and-social-service/social-workers.htm#tab-6
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SOURCE Herzing University | https://www.mysuncoast.com/prnewswire/2022/06/01/herzing-introduces-new-master-social-work-program/ | 2022-06-01T18:32:51Z |
TOP US PLAYERS AND CELEBRATING USA TENNIS
BENEFITING THE BUSH ACE OUTREACH PROGRAM
SAN ANTONIO, Aug. 23, 2022 /PRNewswire/ -- San Antonio Sports announced today the inaugural Thomas J Henry All American Cup, presented by Tennis Ventures, featuring ten top U.S. players to be played at Freeman Coliseum November 11-13, 2022.
The All American Cup will feature two teams consisting of five players. Bob and Mike Bryan, the winningest doubles team in ATP Tour history, will serve as captains and will face off in the three-day team event. The USA West team will be captained by Mike Bryan and led by Taylor Fritz, the number one ranked American. Fritz will be joined by teammates Marcos Giron, Jenson Brooksby, Mackenzie McDonald, and Steve Johnson. The USA East team will be captained by Bob Bryan and headed up by former top 10 ATP Tour star, John Isner. Frances Tiafoe, Jack Sock, Denis Kudla, and J.J. Wolf will join Isner on the USA East team. This year's inaugural event will be played in San Antonio, Texas, and will alternate years with Austin, Texas. The Tennis Channel will broadcast the All American Cup to over 61 million households throughout the United States.
San Antonio has a rich tennis history and we're excited to host this brand-new competition bi-annual," said Jenny Carnes, COO, San Antonio Sports. "The All American Cup will offer fans a great opportunity to see top men's tennis players in action, solidifying Texas as a premier location for the sport."
"Bob and I are excited to return to San Antonio and honored to captain the All American Cup. San Antonio is a great tennis town and we have enjoyed playing here over the last 20 years," said Mike Bryan. "This will be a new experience competing against each other but I know everyone will be battling to win the cup." The All American Cup will showcase the best of American men's tennis featuring both singles and doubles matches and will help support the work of the Bush ACE Outreach Program. For more information on the All American Cup including VIP packages and the full event schedule please visit www.allamericantenniscup.com.
Tickets will go on sale on to the public September 3 at 9 a.m. and can be purchased at www.allamericantenniscup.com or at www.ticketmaster.com or by using the Ticketmaster App on your mobile device. Individual session ticket prices start at $45.00
The Thomas J Henry All American Cup is presented by Tennis Ventures and proudly sponsored by Frost Bank, H-E-B, Valero, United States Professional Tennis Association of Texas, San Antonio Sports, Noisy Trumpet, The PM Group, RS3 Strategic Hospitality, Tito's Handmade Vodka, Bending Branch Winery, Heineken, Uomo Sport, and Mapei.
About San Antonio Sports A nonprofit organization whose mission is to transform our community through the power of sport. San Antonio Sports bids on and hosts premier sporting events such as NCAA® championships, which have generated a local economic impact of more than $950 million. San Antonio Sports' kids programs, including i play! afterschool, annually provide life-changing opportunities for thousands of children. Additionally, San Antonio Sports serves as a catalyst for the development of quality recreational and athletic facilities in our community, including school parks. To learn more, visit SanAntonioSports.org
About Bush ACE Outreach Program The Program was launched in 2016, at the Bush Tennis Center in Midland, Texas to Advise, Counsel, and Encourage (ACE) area youth by connecting positive role models with elementary-aged children through the sport of tennis. Thanks to partnerships with the University of Texas Permian Basin (UTPB) and the United States Tennis Association (USTA), ACE has provided free in-school programs to over 40,000 elementary-aged children throughout the Permian Basin and free or discounted after-school and summer programs supported by the Bush Tennis Center. In addition to learning the sport of tennis, ACE promotes the core values of sportsmanship, integrity, self-confidence and hard work. New partnerships with the USTA Arthur Ashe National Junior Tennis & Learning program (NJTL), Baylor Tennis, Texas A&M Tennis, TCU Tennis, UTPB Tennis, UT Austin Tennis and UT San Antonio Tennis will allow the 2022-2023 Program goal to reach over 200,000 Texas children.
For more information
Contact Tim Stallard
All American Cup
tim@allamericancup.com
(512) 576-4796
Contact Carolyn Wheat
San Antonio Sports
cwheat@sanantoniosports.org
(210) 289-7205
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SOURCE Bush Tennis Center | https://www.wibw.com/prnewswire/2022/08/23/inaugural-thomas-j-henry-all-american-cup-serve-up-world-class-tennis-san-antonio-freeman-coliseum-november-11-13/ | 2022-08-23T16:45:11Z |
500+ People and 50 Brands & Organizations to Honor Birth Workers, and Push for a Culture-Shift to Uplift Maternal and Reproductive Health
Sponsors Include: March of Dimes, Irth App, Kate Spade New York, Bobbie, Ovia Health, Boram, Mahmee, Carol's Daughter, Frida, and more.
BROOKLYN, NY, May 4, 2022 /PRNewswire/ -- Mama Glow – a global maternal health and education platform committed to advancing the next generation of doulas – announced today the return of the widely-successful Doula Expo by Mama Glow on Saturday, May 21st in Brooklyn, NYC.
Conceived by world-renowned doula Latham Thomas – the founder of Mama Glow and co-founder of the Mama Glow Foundation – the Doula Expo by Mama Glow is a day-long festival that supports birth professionals and families and prioritizes education, connection and community. The inaugural Doula Expo event took place in October 2021 in Brooklyn and hosted over 400 attendees.
Birth workers, caregivers, and families will join maternal health and wellness industry leaders and policymakers to discuss how we build a future where birth is safe and equitable for all, address policy gaps, and share powerful personal stories grounded in solutions in maternal health. The day is full of activities, including TED-style talks, panel discussions, and thoughtfully curated interactive booths and lounge experiences anchored by Mama Glow's 50 partner organizations. In addition to doulas, caregivers, and families, the 2022 Doula Expo will also feature influencers, celebrity stakeholders in maternal health, elected officials, and more.
"This unique gathering underscores the importance of leaning into community, supporting our villages, and reminds us of the power we have when we come together. Birth work is essential work, caregivers are at the crux of community, and the work of doulas is life affirming. The Doula Expo by Mama Glow is a safe space for us to gather, celebrate, and restore ourselves as we continue the path forward," said Latham Thomas.
Additional Event Details
A preview video for the event can be viewed here.
Visit the Doula Expo website for tickets and to learn more.
Media who wish to attend and cover the 2022 Doula Expo can RSVP to Hanna Hayden at hhayden@thereisgroup.com.
Ticket proceeds from the event will support the educational mission of the Mama Glow Foundation, our 501c3 non-profit committed to advancing reproductive justice and birth equity through education, advocacy and the arts.
About Latham Thomas and Mama Glow
Latham Thomas is an authority in black maternal health, and she and Mama Glow were recently chosen by Mayor Eric Adams as one of a select group to participate in the new expansion of the citywide doula program in New York City. This program strengthens maternal and infant care and reduces racial health disparities. Latham also recently joined Inside City Hall on NY1 and participated in a roundtable discussion with the US Department of Health and Human Services in recognizing Black Maternal Health Week.
Mama Glow is a Brooklyn-based, Black, female-founded organization training and supporting a global community of doulas. Through their global doula training platform they strive to advance workforce development and economic empowerment for their thriving community of birth workers.
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SOURCE Mama Glow | https://www.wibw.com/prnewswire/2022/05/04/may-21-doula-expo-by-mama-glow-returns/ | 2022-05-04T22:29:34Z |
CHICAGO, July 21, 2022 /PRNewswire/ --
LEGAL NOTICE
Persons and entities who have paid an increased monthly surcharge for electric service in Ohio pursuant to HB 6.
A class action lawsuit may affect your rights.
A court authorized this notice. This is not a solicitation from a lawyer.
A class action lawsuit styled Smith v. FirstEnergy Corp., et al., Case No. 2:20-cv-3755, is pending in the United States District Court for the Southern District of Ohio (the "Court"), and a similar lawsuit styled Emmons v. FirstEnergy Corp., et al., Case No. CV-20 935557, is pending in the Cuyahoga County Court of Common Pleas. Plaintiffs in the lawsuits, on behalf of themselves and all others similarly situated (the "Plaintiffs"), claim, among other matters, that some or all of Defendants FirstEnergy Corp., FirstEnergy Service Company, Ohio Edison Company ("Ohio Edison"), Toledo Edison Company ("Toledo Edison"), The Cleveland Electric Illuminating Company ("Cleveland Electric"), Charles E. Jones, James F. Pearson, Steven E. Strah, K. Jon Taylor, Michael J. Dowling ("FirstEnergy Settling Parties"), and Energy Harbor Corp., f/k/a FirstEnergy Solutions Corp. ("Energy Harbor") engaged in a racketeering scheme to pay more than $61 million in bribes in order to influence and obtain the votes to pass House Bill 6 ("HB 6"), which caused some Ohio residents to pay excessive charges for electricity. Defendants deny any wrongdoing.
Plaintiffs reached a settlement with the FirstEnergy Settling Parties on April 11, 2022, and with Energy Harbor on June 7, 2022 (collectively, the "Settlement"). The Settlement is on behalf of a Settlement Class and includes a monetary payment of $49,000,000 (the "Settlement Funds"). Members of the Settlement Class have the right to request exclusion from and give up all rights to receive a payment from the Settlement.
You may be a member of the Settlement Class if you paid to Toledo Edison, Cleveland Electric, or Ohio Edison any rates, charges, fees, tolls, or other costs pursuant to HB 6 or any recovery mechanism approved by the Public Utilities Commission of Ohio (PUCO) pursuant to HB 6 from January 1, 2020 through June 22, 2022.
If you do nothing, you will be bound by the Court's decisions concerning the Settlement with the FirstEnergy Settling Parties, and you will be able to share in the benefits provided in the Settlement. You will be bound by all orders and judgments of the Court, and you will give up the right to sue the FirstEnergy Settling Parties as part of any other lawsuit for the claims and factual allegations that were or could have been raised in this case.
If you want to keep your right to sue one or more of the FirstEnergy Settling Parties regarding the claims in this case, you must exclude yourself from the Settlement Class in writing by October 5, 2022. Additional information on how to request exclusion is available on the case website at www.OhioElectricityLitigation.com.
You do not need to do anything to receive your share of the Settlement Funds. Your money will be sent to you automatically if the Court approves the Settlement unless you exclude yourself from the Settlement. If you have any questions or want to review documents that have been filed in this case, including the detailed Notice that describes how to request exclusion, object to the Settlement, or receive payment, and provides information regarding the Fairness Hearing, you may visit www.OhioElectricityLitigation.com. All dates are subject to change, and current dates are available on the website.
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SOURCE Miller Law LLC, Murray & Murray Co., L.P.A., and McGowan, Hood & Felder, LLC | https://www.wibw.com/prnewswire/2022/07/21/miller-law-llc-murray-amp-murray-co-lpa-mcgowan-hood-amp-felder-llc-announce-proposed-settlement-class-action-customers-toledo-edison-cleveland-electric-illuminating-co-or-ohio-edison-january-1-2020-through-june-22-2022/ | 2022-07-21T14:27:08Z |
What are the 16 most popular liquid lipsticks at Sephora?
Between drinking your morning coffee, eating a sandwich at lunch and sipping from your water bottle all day, it’s nearly impossible to keep your lip color in place — unless you find a high-quality liquid lipstick.
Despite their thin formula, liquid lipsticks dry down to a nearly budge-proof finish that stays on your lips even when eating and drinking. Once dry, they won’t transfer to your clothing or anyone you might kiss. Not all liquid lipsticks are created equal, though, so you want to keep an eye out for formulas that last longer and feel more comfortable than others.
Are you looking for a top-notch liquid lipstick that looks and feels good? Here are the most popular formulas you can find at Sephora for smooth, beautiful lip color that lasts through the longest days.
16 most popular liquid lipsticks at Sephora
Most popular liquid lipsticks at Sephora for $20 and under
Huda Beauty Liquid Matte Ultra-Comfort Transfer-proof Lipstick
This liquid lipstick delivers rich pigmentation in a single swipe. It contains olive oil, vitamin A, vitamin E and essential fatty acids to help keep your lips hydrated, so it also feels extremely comfortable. The formula is vegan and cruelty-free too.
Sold by Sephora
Anastasia Beverly Hills Liquid Lipstick
A cult-favorite formula, this liquid lipstick provides full coverage and intense color that lasts for hours. Its rounded sponge applicator also makes application quick and easy. You can choose from 18 shades, ranging from soft nudes to bold reds — the shades can even be mixed together to create a custom color.
Sold by Sephora
Kaja LOVE SWIPE Lightweight Cushiony Lip Mousse
With its velvety texture, this air-whipped liquid lipstick is a highly comfortable option that still lasts all day. It features cottonseed oil, raspberry seed oil and vitamin E to hydrate and nourish, but the formula feels weightless on the lips. It also comes in adorable heart-shaped packaging that you’ll love pulling out for touch-ups.
Sold by Sephora
Rare Beauty Lip Souffle Matte Cream Lipstick
This hydrating liquid lipstick glides over the lips for smooth, easy application. It has a lightweight feel and isn’t prone to caking. The formula is paraben- and phthalate-free too.
Sold by Sephora
Sephora Collection Clean Liquid Lip Mousse
Boasting a clean formula, this affordable liquid lip offers highly pigmented color that doesn’t feather or bleed. It has a comfortable, lightweight feel and helps blur the look of lines. Best of all, it’s fragrance-free, making it an ideal option for sensitive skin.
Sold by Sephora
Most popular liquid lipsticks at Sephora for $20-$30
Nars Air Matte Liquid Lipstick
With its classic matte finish, this lipstick offers the wear time you’d expect, but the unique formula has a soft, weightless feel that’s more comfortable than traditional liquid lipsticks. Its color has a diffused look too, providing an extremely flattering soft-focus effect.
Sold by Sephora
Bobbi Brown Crushed Liquid Lipstick
Despite its liquid formula, this lipstick feels more like a balm and has a slight sheen that works especially well for dry lips. The formula contains superfruits — including cranberry, blueberry and raspberry extracts — that give it an emollient, easy-to-apply texture. You can choose from 12 rich shades that work for most skin tones.
Sold by Sephora
KVD Everlasting Longwear Liquid Lipstick
Thanks to high pigment formula, this vegan liquid lipstick has been a fan favorite for years. Its creamy formula glides on easily but sets quickly. It also contains moisturizers, such as vitamin E and sunflower seed wax, to prevent drying the lips. It’s available in 19 shades, including a bold purple and an intense black.
Sold by Sephora
Patrick Ta Monochrome Moment Silky Lip Creme
This liquid lipstick offers a satin-matte finish, making it an excellent option if you aren’t a fan of dry matte formulas. It provides full coverage in a single coat and can last for hours. The formula also contains a cross-polymer blend that lets the lipstick move easily with the lips.
Sold by Sephora
Smashbox Always On Longwear Matte Liquid Lipstick
With a waterproof formula, this liquid lipstick lasts all day, even through drinking and eating. It contains a primer oil complex that keeps it from drying out your lips and reduces feathering, bleeding or caking. It’s available in more than 22 shades too.
Sold by Sephora
Too Faced Melted Matte Liquid Lipstick
This lipstick features vitamin E, avocado oil and hyaluronic filling spheres, so it never looks or feels dry on the lips. It still has a long-wearing matte finish, though, and can last for up to eight hours. It’s transfer-resistant too.
Sold by Sephora
Most popular liquid lipsticks at Sephora for more than $30
Armani beauty Lip Maestro Liquid Matte Lipstick
One of the best-selling liquid lipsticks in the U.S., this formula offers bold color and a velvety finish. It also provides hydration that lasts for hours, so it doesn’t feel dry or sticky on the lips. You can choose from over 36 flattering shades.
Sold by Sephora
Dior Rouge Dior Forever Liquid Transfer-Proof Lipstick
If you’re tired of smudges on your clothing, this transfer-proof lipstick is a perfect option. It doesn’t settle in lip lines or bleed around the mouth and has an extremely comfortable, lightweight formula. It also lasts for up to 12 hours.
Sold by Sephora
Yves Saint Laurent Vinyl Cream Lip Stain
Unlike other liquid lipsticks with a matte finish, this formula offers a glossy look that’s comfortable and hydrating. It still provides full-coverage color, though, and lasts for up to 10 hours. Its diamond-shaped applicator allows for precise application too.
Sold by Sephora
Hourglass Velvet Story Lip Cream
This lipstick has a whipped texture that feels weightless and soft on the lips. It helps blur the look of lines and contains vitamin E to condition and protect your lips. You can also get full color in a single swipe.
Sold by Sephora
Available in both matte and high-shine finishes, this liquid lipstick delivers rich, intense color. It contains daikon radish oil to help hydrate and cushion the lips for comfortable wear. The formula is also gluten-free.
Sold by Sephora
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/lip-makeup-br/16-most-popular-liquid-lipsticks-at-sephora/ | 2022-04-15T07:40:47Z |
BENSALEM, Pa., April 21, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Gatos Silver, Inc. ("Gatos" or the "Company") (NYSE: GATO).
Class Period: October 28, 2020 – January 25, 2022
Lead Plaintiff Deadline: April 25, 2022
Investors suffering losses on their Gatos investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) that, among other things, the mineral reserves had been overestimated by as much as 50%; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.wibw.com/prnewswire/2022/04/21/gato-investors-have-opportunity-lead-gatos-silver-inc-securities-fraud-lawsuit/ | 2022-04-21T15:58:15Z |
Dallas attorney Levi McCathern hails vindication for local philanthropist
DALLAS, June 23, 2022 /PRNewswire/ -- A Dallas grand jury returned a No-Bill vote late yesterday that clears local real estate developer and philanthropist Bill Hutchinson of sexual assault charges filed a year ago.
Noted Dallas attorneys Levi McCathern of McCathern, PLLC, and Dan Hagood of Daniel K. Hagood P.C. represent Mr. Hutchinson.
The ruling is vindication for Mr. Hutchinson, who was charged with an offense he did not commit. Mr. McCathern says the grand jury's decision proves Mr. Hutchinson's innocence.
"We would like to thank the Highland Park Police Department, the Dallas District Attorney's office, and the Grand Jury," Mr. McCathern says. "They took the allegations made against Mr. Hutchinson seriously, investigated them thoroughly, and, in the end, established what I have always known - Bill Hutchinson is innocent, and the accusations made against him are false.
We sincerely hope that the media will work to clear his name with the same ferocity with which they tainted it. Bill has been a pillar in the Dallas community for years and restoring him to that position benefits everyone who lives here."
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SOURCE McCathern, PLLC | https://www.mysuncoast.com/prnewswire/2022/06/23/dallas-grand-jury-clears-developer-bill-hutchinson-assault-charges/ | 2022-06-23T17:28:11Z |
Family, community members remember the life of former KSU president Dr. Jon Wefald
MANHATTAN, Kan. (WIBW) - Family and community members gathered to celebrate the life of longtime Kansas State University president, Jon Wefald on Saturday morning.
In his 23 years as president at K-State, Jon Wefald, transformed Kansas State University increasing enrollment and bringing new life to the athletics programs.
President Wefald made an impact on students, faculty, and visitors, one that changed legendary Coach Bill Snyder’s decision on whether to come to Manhattan.
On Coach Snyder’s visit to KSU, he asked to go to the heart of campus, where he asked those passing by why they chose Kansas State University.
“Those people changed my mind. What they told me in essence was, the president of this university has made changes, transformations, if you will, that have impacted our lives dramatically.” Coach Bill Snyder says.
Wefald worked hard to prove he was capable of more than his high school teacher gave him credit for.
“Can you imagine President...that President Jon Wefald you all knew being told by his high school English teacher, when he said he was going to college, ‘Skip it, you’ll never make it. Join the Army.’?” Jon Wefald’s brother, Bob Wefald says.
President Wefald left behind a legacy for future presidents to continue to grow the impact of Kansas State University on the community.
“Jon’s achievements are well-known, he claimed much, and he deserved much. His greatest achievement, however, was to give Kansas State University itself a great soul.” Dr. Charles Reagan says.
President Wefald was laid to rest at Manhattan’s Sunrise Cemetery, memorial contributions can be made to Kansas State University for the Marching Band.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/23/family-community-members-remember-life-former-ksu-president-dr-jon-wefald/ | 2022-04-23T23:38:46Z |
WATERTOWN, Mass., June 17, 2022 /PRNewswire/ -- Lyra Therapeutics, Inc. (NASDAQ: LYRA), a clinical-stage therapeutics company leveraging its proprietary XTreo™ platform to enable precise, sustained and local delivery of medications to the ear, nose and throat (ENT) passages and other diseased tissues, today announced that it has issued an equity-based award pursuant to its 2022 Inducement Award Plan to its Executive Chairman, Harlan W. Waksal, M.D. The inducement grant was approved by a majority of the Company's independent directors and was made as a material inducement to Dr. Waksal's acceptance of employment with Lyra in accordance with Nasdaq Listing Rule 5635(c)(4) as a component of his employment compensation. The inducement grant consisted of a non-qualified stock option to purchase an aggregate of 953,002 shares of the Company's common stock. The inducement grant is subject to the terms and conditions of the award agreement covering the performance stock option grant and the Company's 2022 Inducement Award Plan.
Lyra Therapeutics, Inc. is a clinical-stage therapeutics company leveraging its proprietary XTreo™ platform to enable precise, sustained, local delivery of medications to diseased tissues not accessible with conventional therapeutic approaches. Lyra's XTreo™ platform is comprised of a biocompatible mesh scaffold, an engineered elastomeric matrix and a versatile polymer-drug complex. The company's current pipeline of therapeutics target tissues deep in the ear, nose and throat passages and are designed to deliver continuous drug therapy for up to six months following a single non-invasive, in-office administration. Lyra has two product candidates in late-stage development for CRS, a highly prevalent inflammatory disease of the paranasal sinuses which leads to debilitating symptoms and significant morbidities: LYR-210, for surgically naïve patients, is being evaluated in the ENLIGHTEN Phase 3 clinical program, and LYR-220, for patients who have recurrent symptoms despite surgery, is being evaluated in the BEACON Phase 2 clinical trial. These two product candidates are designed to treat the estimated four million CRS patients in the U.S. that fail medical management each year. For more information, please visit www.lyratherapeutics.com and follow us on LinkedIn and Twitter.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements our pipeline and development of product candidates, including LYR-210 and LYR-220, the progress and timing of clinical trials, and the anticipated success of leveraging the XTreo™ platform. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause the company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: the fact that the company has incurred significant losses since inception and expects to incur losses for the foreseeable future; the company's need for additional funding, which may not be available; the company's limited operating history; the fact that the company has no approved products; the fact that the company's product candidates are in various stages of development; or the fact that the company may not be successful in its efforts to identify and successfully commercialize its product candidates; the fact that clinical trials required for the company's product candidates are expensive and time-consuming, and their outcome is uncertain; the fact that the FDA may not conclude that certain of the company's product candidates satisfy the requirements for the Section 505(b)(2) regulatory approval pathway; the company's inability to obtain required regulatory approvals; effects of recently enacted and future legislation; the possibility of system failures or security breaches; effects of significant competition; the fact that the successful commercialization of the company's product candidates will depend in part on the extent to which governmental authorities and health insurers establish coverage, adequate reimbursement levels and pricing policies; failure to achieve market acceptance; product liability lawsuits; the fact that the company relies on third parties for the manufacture of materials for its research programs, pre-clinical studies and clinical trials; the company's reliance on third parties to conduct its preclinical studies and clinical trials; the company's inability to succeed in establishing and maintaining collaborative relationships; the company's reliance on certain suppliers critical to its production; failure to obtain and maintain or adequately protect the company's intellectual property rights; failure to retain key personnel or to recruit qualified personnel; difficulties in managing the company's growth; effects of natural disasters, terrorism and wars (including the developing conflict between Ukraine and Russia); the fact that the global pandemic caused by COVID-19 could adversely impact the company's business and operations, including the company's clinical trials; the fact that the price of the company's common stock may be volatile and fluctuate substantially; significant costs and required management time as a result of operating as a public company and any securities class action litigation. These and other important factors discussed under the caption "Risk Factors" in the company's Quarterly Report on Form 10-Q filed with the SEC on May 10, 2022 and its other filings with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While the company may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, even if subsequent events cause its views to change.
Contact:
Kathryn Morris
914-204-6412
kathryn@theyatesnetwork.com
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SOURCE Lyra Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/06/17/lyra-therapeutics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4/ | 2022-06-17T21:31:55Z |
Lakewood Ranch teen launches new project aimed to end veteran homelessness
SARASOTA, Fla. (WWSB) - A Lakewood Ranch teen is using stars, stripes and grit to chip away at veteran homelessness around the country.
Lorenzo Liberti has been carving wooden, rustic, American flags and selling them for the past two years. The project, called Heroic Flags, has garnered support all over the country, raising thousands of dollars for the veteran community through various charities.
Now, he’s taking his cause a step further to get everyone involved, not with tools and lumber, but with just a few clicks on a keyboard.
The mission all started in 2020 when Lorenzo had to work on a summer project. He learned how there are more than 30,000 homeless veterans in the United States every year and realized his knack for carving wood flags didn’t have to just be a hobby, but a way to cut into this problem.
“The lightbulb went off in his head and he said ‘hey, y’know, maybe I can sell a few and help homeless vets,’” Lorenzo’s father, Guy, explained.
Lorenzo can carve them quickly if he puts his mind to it, but he only has so many hours in a day.
“There’s just so many pockets to fill that’s, like, you can only give so much to thousands of organizations,” Lorenzo said.
So, the Liberti family is trying something new to take their charity work far outside the four walls of their workshop. The team has launched the Give-A-Buck Foundation, a website where anyone can login and donate money online to help veterans.
Lorenzo explained selling his flags has been a success, but he could never sell enough to match the power of collective action through the internet. He points out that if every adult in the country gives $1 each week, the site could generate more than $10 billion.
It’s a tall task, but he hopes enough people turn out so they can begin working on a long-term solution to end veteran homelessness. With enough money, Lorenzo hopes to build a veteran campus, which would host a variety of services so homeless veterans can get all the help they need in one place.
Just like his massive wood flags, Lorenzo hopes the new foundation will become a solid way to help veterans from all walks of life get back on their feet.
If you want to help, you can find the Give-A-Buck Foundation by clicking this link.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/30/lakewood-ranch-teen-launches-new-project-aimed-end-veteran-homelessness/ | 2022-08-30T12:34:19Z |
Local HR & Management Professional Makes Major Career Shift with Newest Sky Zone Location in Atlanta Market
DOUGLASVILLE, Ga., June 13, 2022 /PRNewswire/ -- Sky Zone, creator of the world's first indoor trampoline park and leader in the indoor active entertainment industry, is pleased to welcome Natalee Pessoa to its roster of franchisees. Pessoa is the latest Sky Zone franchisee to join the network and brings more than 20 years of experience across corporate management, talent acquisition and human resources at Waffle House.
"Over the past decades I've been honored to hone my business acumen with the team at Waffle House. I am excited to embark on a new business venture that leverages my multi-unit management skills and experience," said Natalee Pessoa, Sky Zone franchisee. "I was thrilled to find a franchise opportunity that has a proven model to profitability and allows me to bring a family-friendly activity to Douglasville. The community is going to love the park's innovative attractions, extraordinary birthday parties and top-notch guest service."
Sky Zone invented the trampoline park industry over a decade ago and has been at the forefront of innovating the active entertainment space ever since. With over 60 attractions, there is something for everyone, including the Toddler Zone perfect for children under the age of six, Air Courts that gives tricks and sports a boost for kids and teens, and thrilling Slick Slides exclusive to Sky Zone that offer an exhilarating free-fall along with a social media-worthy landing. In addition to monthly memberships, Sky Zone offers birthday parties, fundraising events, school field trips, corporate outings, and countless memorable experiences.
"The indoor active entertainment business is growing rapidly. Families are excited to reembark on adventures outside the home, especially those that get their kids active, socializing and away from screen time," said Mike Revak, SVP of Franchise and Park Operations at CircusTrix, parent company of Sky Zone. "Sky Zone parks are purpose-built for active family fun, and we are growing our unit count quickly. We are excited to expand in the Atlanta area with a phenomenal new franchisee, Natalee Pessoa. We look forward to opening the Douglasville location, along with many others in the South and across the country, in the coming year."
With aggressive expansion plans, Sky Zone is actively searching for engaged community and business leaders to add to its ever-growing roster of new franchisees. To learn more about Sky Zone and to become a franchisee, please visit: https://circustrix.com.
Sky Zone was founded in 2004 as the world's first trampoline park and has grown to become the leader in in indoor active entertainment. The award-winning franchise believes in the power of active play to make us healthier, happier, and more creative. Offering unforgettable parties, an exclusive membership program, and gravity-defying, wall-to-wall aerial attractions, Sky Zone encourages everyone to live joyously in the moment. For more information, visit www.skyzone.com.
CircusTrix is the largest developer, operator, and franchisor of indoor active entertainment parks in the world. Known for Sky Zone, the preeminent brand in the industry, along with the DEFY and Rockin' Jump brands, CircusTrix serves over 40 million visitors and members annually. CircusTrix's rapid growth and innovation has created facilities and exclusive attractions that provide active physical fun, facilitate shareable social media posts, and bring thrill and delight to its worldwide fan base. For more information on the company and franchising opportunities, please visit www.circustrix.com.
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SOURCE Sky Zone | https://www.wibw.com/prnewswire/2022/06/13/sky-zone-trampoline-park-open-douglasville/ | 2022-06-13T14:20:42Z |
10 people shot in 10 shootings in 24 hours in Portland
By Chandler Watkins
Click here for updates on this story
PORTLAND, Oregon (KPTV) — The Portland Police Bureau said 10 people were injured in 10 shootings in the city in less than 24 hours beginning early Friday morning.
On Friday just before 3 a.m., PPB said a fight between a group of people led to gunfire at Southeast 128th Avenue and Southeast Sherman Street. Two people were shot, and one was critically injured.
Less than an hour later, police responded to a shooting at Northeast 92nd Avenue and Northeast Glisan Street when a homeowner confronted people breaking into a car. Although several shots were fired at the homeowner, no one was hurt. The suspects ran away.
Just before 6 a.m. Friday, officers responded near Northeast 21st Avenue and Northeast Argyle Street. They said a business employee was going to the dumpster when they discovered someone inside. When the person was asked to leave, a shot was fired. Police were unable to find the shooter.
Six minutes later, police opened a homicide investigation near North Columbia Boulevard and North Hendricks Street after officers found a man shot and killed inside a home. No arrests have been made in the case.
At 12:25 p.m. Friday, PPB responded to a shots fired call at Northeast 104th Avenue and Northeast Wygant Street. No victims or suspects were found.
At 5:45 p.m. Friday, officers said an argument ended in a shooting at a homeless camp at North Midway Avenue and North Richards Street. According to police, a woman was struck by a stray bullet as she exited a tent. She was seriously hurt but is expected to survive. Another person was shot, taken to the hospital and released.
Less than twenty minutes later, officers responded to a shots fired disturbance call at Southeast 71st Avenue and Southeast Lafayette Street. They found evidence and said a victim showed up later at the hospital.
At 10:49 p.m. Friday, police were called to an area hospital regarding a walk-in gunshot victim. The victim claims they were robbed at gunpoint and shot in the arm at Southeast Holgate Boulevard and Southeast 113th Avenue. Police said investigators have no corroboration at this time.
At 12:20 a.m. Saturday, PPB responded to a shooting at Northeast 11th Avenue near Woodlawn Park. Officers said it appeared to be an exchange of gunfire on the sidewalk and street, with over 20 shell casings recovered. A 62-year-old woman sleeping in her home was hit by a stray bullet. She was taken to the hospital with non-life-threatening injuries.
Just after 1 a.m. Saturday, officers responded to a shooting at Southeast 48th Avenue and Southeast Hawthorne Boulevard. Two people were hurt. One has a serious, but non-life-threatening injury. The other has life-threatening, critical injuries.
All 10 shootings are currently active investigations.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/29/10-people-shot-in-10-shootings-in-24-hours-in-portland/ | 2022-05-29T21:37:00Z |
Three deaths in separate incidents highlight sky-high tensions in Israel, West Bank
By Hadas Gold, Abeer Salman and Amir Tal, CNN
Israeli forces shot and killed two Palestinian women in separate incidents in the West Bank on Sunday, further heightening tensions between Israelis and Palestinians after weeks of deadly attacks. In a third incident, a Jewish man was shot dead in Israel after allegedly trying to steal a gun being carried by a soldier.
In the first incident, on Sunday morning, a 47-year-old woman was shot as she approached a checkpoint near the West Bank village of Husan. The Palestinian Ministry of Health identified the woman as Ghada Sbatin, a widow and a mother of six.
The Israeli army said the woman, who it did not name, had been told to stop by soldiers as she approached the checkpoint. When she failed to do so, soldiers fired warning shots in the air, the army said. Video of the incident appears to show the woman breaking into a run as she moves forward, at which point, the army said, soldiers “fired towards the suspect’s lower body.”
The Palestinian Ministry of Health said the woman was taken to hospital but died after losing large amounts of blood. The Israeli army says soldiers found no weapons on the woman. Palestinian Authority Prime Minister Mohammed Shtayyeh condemned the shooting, saying he holds the Israeli government, “fully responsible for the consequences of this heinous crime.”
Later Sunday, Israeli border police said a Palestinian woman who stabbed a police officer in Hebron was shot and killed. The incident happened near to Hebron’s holiest site, known to Jews as the Cave of the Patriarchs and to Muslims as the Ibrahimi Mosque. The officer was lightly injured in the assault, police said.
Tensions in Israel and the West Bank have been high for weeks, after a series of attacks by Palestinian gunmen on Israeli civilians, which have killed 14 people. Israeli soldiers have conducted sweeping operations in the West Bank in response.
On Saturday night, Israeli security forces carried out a raid in the village of Yaabad — which they say was home to the gunman who killed five people last month in the central Israeli city of Bnei Brak. The army said it “apprehended eight suspects involved in terrorist activities and confiscated illegal weapons.” It also said it had come under attack from locals, including a suspect who “hurled an explosive device” at soldiers. The Palestinian Ministry of Health said six people were injured in the clashes, one from a bullet and five by tear gas.
Also overnight Sunday, a site believed to be the burial place of the prophet Joseph, in the West Bank town of Nablus, was damaged by a group of Palestinians, Israeli officials said.
On Sunday evening, in the Israeli city of Ashkelon, police said a Jewish man who tried to steal a gun from a female soldier was “neutralized” by another soldier who was nearby. Israeli media reports say the man was shot dead. He had a history of mental illness, according to reports.
Meanwhile, Israel’s government has responded to calls to make it harder for Palestinians to enter Israel illegally by announcing plans to build an additional 40 kilometers (25 miles) of what it calls the “seam line barrier” — which separates Israel and the West Bank. The new construction will be a concrete wall up to 9 meters (about 30 feet) high, a government statement said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/04/10/three-deaths-in-separate-incidents-highlight-sky-high-tensions-in-israel-west-bank/ | 2022-04-11T05:15:31Z |
LOS ANGELES, June 21, 2022 /PRNewswire/ -- Newlight Technologies is excited to announce the winners of a nationwide school art competition, which encouraged students in grades K-8 to draw an idea that could help save the planet.
Launched on Earth Day 2022, which celebrated the theme 'Invest in Our Planet,' students submitted sketches and drawings online for the chance to win a $1,000 scholarship towards college and $5,000 to help fund environmental programs for their school or a non-profit organization.
"In the journey to create Aircarbon, we drew a ton of early ideas on paper, so we have a particular appreciation for the power of the sketch," said Newlight CEO Mark Herrema. "We saw incredible ideas as part of this competition, we are incredibly proud of the efforts behind them, and we can't wait to see them come to life."
Submissions could be about anything, including ways to help solve plastic pollution and climate change and were judged on creativity, optimism, determination, and empathy. They are excited to share the winners of the 2022 competition as follows:
- Grand Prize: Clementine McDaniel (Grade 4)
- Earth Hero Prizes: Cora Edwards (Grade 2) and James Brandon De Grace Jr (Grade 5)
More details on the contest can be found at: www.aircarbonawards.org. For more information about Newlight and Aircarbon, please visit: www.aircarbon.com.
Newlight Technologies, Inc. ("Newlight") is a nature-based biotechnology company based in California converting air and greenhouse gas into a regenerative biomaterial called AIRCARBON®. AIRCARBON is a high-performance biomaterial produced by naturally-occurring microorganisms that is being used to replace plastic in industrial segments ranging from foodware to fashion. Newlight's mission is to help end plastic pollution and climate change by replacing plastic with AIRCARBON, creating global-scale economic and environmental value. For more information about Newlight, visit www.aircarbon.com.
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SOURCE Newlight Technologies | https://www.kxii.com/prnewswire/2022/06/21/newlights-aircarbon-art-awards-announce-national-student-winners-based-inventions-that-can-help-save-planet/ | 2022-06-21T13:58:33Z |
Upstart Hokies setting sights high as ACC season winds down
By ERIC OLSON
AP Sports Writer
Virginia Tech’s baseball program has reached unprecedented heights and is looking for more with one week left in the regular season. The Hokies are coming off their first series win over Louisville and are as high as No. 3 in this week’s polls. D1Baseball.com lists Virginia Tech as the No. 4 national seed in its latest NCAA Tournament projections. The Hokies aren’t afraid to let it be known the College World Series is the goal even though the team has never advanced past regionals. Tech closes against last-place Duke at home this weekend and remains alive in the Coastal Division. | https://localnews8.com/sports/ap-national-sports/2022/05/16/upstart-hokies-setting-sights-high-as-acc-season-winds-down/ | 2022-05-16T20:29:17Z |
MINNEAPOLIS (AP) — The judge overseeing the remaining case against two former Minneapolis police officers charged in George Floyd’s killing ordered Monday that the trial be delayed until January in hopes that some additional time will improve prospects for a fair trial.
Tou Thao and J. Alexander Kueng were due to go on trial next week on charges of aiding and abetting both second-degree murder and second-degree manslaughter in the May 2020 death of Floyd. But Hennepin County Judge Peter Cahill ordered Monday that the trial be delayed until Jan. 5.
Cahill denied a defense motion for a change of venue, which was requested because of the extensive publicity in the case. But he said media reports and recent events surrounding connected cases have created “a reasonable likelihood of an unfair trial” if it were to begin next week.
Cahill cited the May 18 guilty plea by Thao and Keung’s co-defendant, former Officer Thomas Lane. He also cited the February convictions of Thao, Kueng and Lane on federal charges of violating Floyd’s civil rights.
The judge said those two events and the publicity surrounding them are significant enough to make it difficult for jurors to presume that Thao and Kueng are innocent of the state charges. So, he ordered the delay, just shy of seven months, to diminish the effects of that publicity.
Cahill also presided over last year’s trial of former Officer Derek Chauvin, which ended with a second-degree murder conviction and a 22 1/2-year sentence for the white officer who kneeled on the Black man’s neck for 9 1/2 minutes despite Floyd’s fading pleas of “I can’t breathe.” The killing led to protests worldwide and a national reckoning on racial injustice.
The judge also denied a motion by a coalition of media organizations, including The Associated Press, to reconsider his April decision to prohibit live audiovisual coverage of the proceedings from gavel to gavel. But he said he may reconsider if the Minnesota state court system revises its rules on cameras in the courts by Jan. 4.
Bob Paule, an attorney for Thao, said he thought the decision “was a thoughtful and well-reasoned decision by Judge Cahill.”
Minnesota Attorney General Keith Ellison, whose office is prosecuting the case, said in a statement: “It’s unfortunate for the victims, the witnesses, and community that the opportunity to seek justice has been delayed. The State was ready for trial next week and will be ready next January.”
A message left for Kueng’s attorney was not immediately returned Monday.
The new trial schedule says pretrial motions will be held Jan. 5 and Jan. 6, with jury selection beginning Jan. 9. Questionnaires will be mailed to a new pool of “several hundred” potential jurors around Sept. 1. Opening statements are set for Jan. 30.
In denying a change of venue, Cahill wrote that he is satisfied that a fair and impartial trial can be held in Hennepin County “eventually,” noting that it’s the most populous and diverse county in the state. He said attorneys will get to select jurors from a panel “that will surely exceed 200” after the lengthy questionnaires designed to screen out bias are returned.
Alan Tuerkheimer, a Chicago-based jury consultant, said the reason for the postponement seems like a “strange rationale.” He said he doesn’t see how a potential juror’s bias would subside with the passage of time, and with effective questioning, “jurors with bias can be weeded out today or tomorrow or in early 2023.”
He added that while other events that happen between now and January will consume jurors’ minds, “feelings about these cops will not just vanish over time. As trial approaches in January it will all come back to those who followed this case. For those who haven’t, the passage of time doesn’t matter.”
Mike Brandt, a Minneapolis defense attorney who has been following the case, said although Cahill’s stated reason for the postponement is to dissipate the case’s notoriety, the decision is also likely pragmatic. He said pushing the trial back allows time for Thao and Kueng to be sentenced on their federal convictions first, increasing the likelihood of plea deals with the state.
“They may not be on the radar, but in my opinion, this enhances the options for a settlement,” Brandt said. He added that once the federal sentences are known, the thinking could be: “If we’re going to be doing this amount of time anyways, and the state agrees to this amount of time, why would we risk going to trial?”
Chauvin has been in prison since his state murder conviction, while Thao, Keung and Lane remain free on bail pending their sentences on federal civil rights convictions. No federal sentencing dates have been set, but defense attorneys said in state court last week that they expect them to be in September. Chauvin pleaded guilty to a civil rights charge, while the other three went to trial.
Cahill’s order said he won’t entertain any potential plea agreements from Thao or Kueng until 15 days after their federal sentencings. They rejected plea deals from prosecutors earlier.
___
Find AP’s full coverage of the death of George Floyd at: https://apnews.com/hub/death-of-george-floyd | https://cw33.com/news/u-s-news/ap-us-headlines/judge-delays-trial-of-2-ex-cops-in-floyd-killing-until-2023/ | 2022-06-07T02:51:20Z |
Integrating a Proven Credentialing Services Platform to Strengthen its Payor Relationship Management Solution Suite.
AUSTIN, Texas, Sept. 1, 2022 /PRNewswire/ -- PayrHealth today announced that it has acquired Supero Healthcare Solutions, an Austin, TX-based provider enrollment and credentialing company founded in 2009. This acquisition deepens PayrHealth's credentialing offerings and strengthens its integrated, proactive approach to payor relationship management.
Supero founder and CEO, Brian Agnew, said, "I am proud of the Company we have built. I can't think of a better home for our employees and clients during this next chapter. PayrHealth is building a unique offering in the industry that will drive value." Agnew will support the acquisition integration efforts serving in an advisory capacity.
PayrHealth can now offer this proven credentialing solution with 10+ years of experience delivering operational excellence and outcomes to its clients. PayrHealth previously offered more limited credentialing services exclusively to existing payor contracting and revenue cycle management clients.
PayrHealth CEO, Armando Cardoso, said, "Credentialing is a critical function to optimize payor and revenue cycle management. Supero has developed excellent credentialing solutions, serving providers across the healthcare continuum and nation. Welcoming this talented credentialing team further strengthens our ability to integrate critical provider data and optimize reimbursement for healthcare providers."
Ben Moe, Managing Partner at Osceola Capital Management, said, "This acquisition is a natural complement to the differentiated offering the PayrHealth management team is building. We will continue to partner with leaders of companies delivering quality revenue cycle management and credentialing services to structure transactions that create value."
About PayrHealth
PayrHealth provides analytics, contracting, credentialing, reimbursement negotiation, network development, and revenue cycle management solutions to healthcare organizations across the United States. PayrHealth is an integrated relationship management solution, proactively managing contracts and optimizing revenue cycle management to enable purposeful provider-payor relations. PayrHealth supports informed decisions for a strengthened healthcare system. PayrHealth is an Osceola Capital Management portfolio company. To learn more, visit www.payrhealth.com.
About Osceola Capital Management
Osceola Capital is a Tampa-based private equity firm that invests in lower middle-market services companies, typically with EBITDA of $2 million to $10 million. Osceola has extensive experience partnering with management teams to execute buy-and-build strategies and drive long-term value creation. To learn more, visit www.osceola.com.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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SOURCE PayrHealth | https://www.kxii.com/prnewswire/2022/09/01/payrhealth-announces-supero-healthcare-solutions-acquisition/ | 2022-09-01T12:40:15Z |
EAST LANSING, Mich. and CLEVELAND, July 28, 2022 /PRNewswire/ -- Today, fintech provider Quavo Fraud & Disputes announced its partnership with KeyBank as part of its latest initiative to advance account holder experience with credit card chargebacks. KeyBank is deploying Quavo's QFD™ automated dispute management platform to streamline the entire fraud and disputes process, from claim intake and investigation through claim resolution and recovery.
Quavo's QFD disputes resolution platform is the only cloud-based software capable of automating the manual tasks required by bank employees once a credit transaction is disputed or fraud is identified. QFD integrates with KeyBank's credit card platform TSYS® and merchant collaboration software, Ethoca™, to automatically gather and assess transaction data with the information provided by the cardholder, drastically reducing the back-office processing time, human capital, and operational resources.
"QFD has a robust and easy-to-use workflow with automation that streamlines unnecessary complexity. The application seamlessly supports the digital enablement we want to continue offering clients," said KeyBank's Head of Enterprise Fraud Services, Jen Martin. "We are in the midst of a multi-year, multi-product implementation that will fundamentally transform our client and teammate experiences managing disputes while improving our back-office processing and chargeback recoveries."
KeyBank's QFD go-live comes at the heels of Quavo's completion of its Series A funding round with FINTOP Capital, marking a milestone in growth for the company in its journey to increase the efficiency of fraud and dispute management for issuing banks and fintech organizations.
"In our initial discussions regarding partnership goals and project objectives, it was clear that KeyBank had larger initiatives beyond just breathing new life into its chargeback and dispute management process. They sought a partner that would create opportunities to further automation, expand digital channels, and enhance client engagement," said Quavo's SVP, Revenue Executive Brittany Usher, "KeyBank and Quavo's partnership demonstrates a shift in the industry where innovative leaders partner with strategic experts and cutting-edge products to accelerate projects, accomplish goals, and increase user adoption."
The QFD platform was developed and is continuously supported by experts with decades of experience managing and streamlining the fraud and disputes process at the enterprise level. This expertise is crucial to Quavo's relationship with KeyBank. "Quavo has been a strong partner since the first kick-off meeting, through launch, and into support," said KeyBank's Jen Martin, "We selected them because of their deep subject matter expertise in disputes and the modern design of the solution (cloud-based, decision tree, and process automation)."
Martin's sentiment was echoed by Quavo COO and Co-Founder David Chmielewski, "Working with an innovative bank who puts compliance and their account holders first has been a real pleasure. We are excited to welcome KeyBank to Quavo's cloud."
Quavo, Inc. is a fintech provider of industry-leading, automated dispute management solutions to issuing financial institutions. Quavo's Disputes as a Service™ offering features automated software, AI technology, and human intelligence services for financial organizations of all sizes. Our goal is to establish and advance the industry standard in fraud and dispute management by instituting best-in-class principles, delivering unparalleled technology, and advocating for change in our community.
We offer full, end-to-end automation software for managing fraud and disputes, supported with complete Reg E, Reg Z, Nacha compliance, and network mandates. Quavo's offering includes QFD™ automated dispute management software, ARIA™ fraud management AI, and Dispute Resolution Experts™ human intelligence services. Quavo believes in providing a supportive and collaborative environment where the best financial and tech minds work together to drive client success, providing groundbreaking dispute management software and solutions. Learn more online at https://www.quavo.com/.
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $187.0 billion at June 30, 2022. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
Quavo Media Contact
Jennifer Marshall
Marketing Manager
marketing@quavo.com
KeyBank Media Contact
Monica Volante
Sr. Communications Consultant
216-689-4921
Monica_A_Volante@keybank.com
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SOURCE Quavo, Inc. | https://www.kxii.com/prnewswire/2022/07/28/quavo-fraud-amp-disputes-partners-with-keybank-automate-credit-card-disputes/ | 2022-07-28T16:05:27Z |
Company reports revenue growth to NIS 122.5 million and projects continuous growth and moving into profitability this year
TEL AVIV, Israel, Sept. 1, 2022 /PRNewswire/ -- HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), published today its H1 2022 financial results.
NOTE: The reports and all financial references are on a proforma basis as in this report the company presents for the first time the consolidated results of HUB, ALD and Comsec with the relevant proforma comparison data of the same period last year.
Summary of reports and business update:
- Revenues and Revenue Forecast
a. Revenues for H1 2022 were NIS 122.5 million
b. Approximately NIS 120 million were attributed to the professional services arm with significant technology products and services revenues anticipated in H2 2022 including:
i. $20.5 million purchase order for HUB's Confidential Computing cyber solutions for this year.
ii. Contracts of over USD 500 million for the provisioning of HUB's Confidential Computing solutions over the following years where phase one of contracts' execution is expected to amount to USD 80 million for start of deployment till the beginning of calendar 2023 (as was reported June 15, 2022 TASE Ref: 2022-01-074374).
c. Therefore, the Company expects to meet its annual revenues forecast for YE2022 of USD 115 million, of which USD 38 million will be attributed to HUB's Confidential Computing core solutions. The Confidential Computing sector is the most innovative aspect of cybersecurity and expected to grow at 100% CAGR as reported by Everest Group Research of Confidential Computing in 2021. HUB is a member of the Confidential Computing Consortium group with other members being Google, Accenture, Cisco, Intel and others. - Profits and Profits Forecast
a. The company estimates that based on the abovementioned contracts and deal flow, that it will move into a positive Adjusted EBITDA already in 2022 and USD 20.6 million in YE 2023.
b. The Company expects to move into profitability this year despite the NIS 65 million loss it posted in H1 reports.
c. Most of the reported loss (NIS 37 million) is attributed to expenses related to the anticipated SPAC merger and NASDAQ listing, and expenses related to the mergers of ALD and Comsec, severance expenses for termination of redundant executive managers post mergers, depreciation and amortization costs and share based compensation costs.
d. Additional NIS 12 million have been invested in R&D and sales and marketing that support the expected revenues for H2 2022 and the next three years. - The Company also reports a total Equity of NIS 195 million.
- Equity to balance sheet ratio is 59% out of a total of NIS 330 million.
Important achievements post H1-reports date
- A submission of an F-4 prospectus to the SEC for the expected SPAC merger and NASDAQ listing at USD 1.28 billion market capitalization that is expected to close in Q4 2022.
- Completion of assets purchase of a wholly owned European subsidiary that was established for the purpose of EMEA business development activities .for the sale of HUB's cybersecurity solutions for datacenters (as reported on June 15, 2022, TASE Ref: 2022-01-074374).
- Completion of an NIS 46.6 million public PIPE round as reported on February 23rd, 2022.
- Completion of an NIS 17 million public PIPE round from foreign and domestic investors to increase Company's financial flexibility as reported on May 15th and 18th 2022, TASE Ref: 2022-01-057991 and 2022-01-060649.
About HUB Cyber Security (Israel) Limited
HUB Cyber Security (Israel) Limited ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.
About Mount Rainier Acquisition Corp.
Mount Rainier Acquisition Corp. is a blank check company sponsored by DC Rainier SPV LLC, a Delaware limited liability company managed by Dominion Capital LLC, whose business purpose is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Forward-Looking Statements
Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or HUB's or RNER's future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "would", "seem", "expect", "intend", "will", "estimate", "anticipate", "believe", "future", "predict", "potential," "forecast" or "continue", or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by HUB and its management, and RNER and its management, as the case may be, are inherently uncertain. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of HUB or RNER. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) expectations regarding HUB's strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB's ability to invest in growth initiatives and pursue acquisition opportunities; (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the proposed transactions; (iii) the outcome of any legal proceedings that may be instituted against RNER, HUB, the Combined Company or others following the announcement of the proposed transactions and any definitive agreements with respect thereto; (iv) the inability to complete the proposed transactions due to, among other things, the failure to obtain approval of the stockholders of RNER or HUB, to obtain certain governmental and regulatory approvals or to satisfy other conditions to closing, including delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals or complete regulatory reviews required to complete the proposed transactions; (v) the inability to obtain the financing necessary to consummate the proposed transactions; (vi) changes to the proposed structure of the proposed transactions that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed transactions; (vii) the ability to meet stock exchange listing standards following the consummation of the proposed transactions; (viii) the risk that the announcement and consummation of the proposed transactions disrupts HUB's current plans and operations; (ix) the lack of a third party valuation in determining whether or not to pursue the proposed transactions; (x) the ability to recognize the anticipated benefits of the proposed transactions, which may be affected by, among other things, competition, the ability of the Combined Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (xi) costs related to the proposed transactions; (xii) the amount of any redemptions by existing holders of RNER's common stock being greater than expected; (xiii) limited liquidity and trading of RNER's and HUB's securities; (xiv) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (xv) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (xvi) the possibility that RNER, HUB or the Combined Company may be adversely affected by other economic, business, and/or competitive factors; (xvii) inaccuracies for any reason in the estimates of expenses and profitability and projected financial information for HUB; and (xviii) other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in RNER's final prospectus relating to its initial public offering dated October 4, 2021.
Forward-looking statements speak only as of the date they are made. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither HUB nor RNER undertakes any duty to update these forward-looking statements.
Additional Information About the Transaction and Where to Find It
In connection with the proposed transaction, HUB has filed with the SEC a registration statement on Form F-4 containing a proxy statement/prospectus, and after such registration statement is declared effective by the SEC, RNER will mail a definitive proxy statement/prospectus relating to the Proposed Business Combination to its stockholders. This press release does not contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any investment decision or any other decision in respect of the proposed transaction. This press release is not a substitute for any registration statement or for any other document that HUB or RNER may file with the SEC in connection with the proposed transaction. Investors and security holders are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed transaction, as these materials will contain important information about HUB, RNER and the proposed transaction.
When available, the definitive proxy statement/prospectus and other relevant materials for the proposed transaction will be mailed to stockholders of RNER as of a record date to be established for voting on the proposed transaction. Stockholders will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, once available, through the website maintained by the SEC at www.sec.gov.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
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SOURCE Hub Security | https://www.wibw.com/prnewswire/2022/09/01/hub-achieves-record-revenues-fiscal-first-half-2022/ | 2022-09-01T12:08:36Z |
Raise a toast to the D’backs: Beer leads 11-2 win at Nats
By HOWARD FENDRICH
AP National Writer
WASHINGTON (AP) — Rookie Seth Beer had three hits and three RBIs, and Daulton Varsho added a two-run homer to help the Arizona Diamondbacks beat the Washington Nationals 11-2. That is more than twice as many runs as Arizona had scored in any one game all season. The Diamondbacks had a total of 22 through 11 games entering Wednesday. Arizona pitcher Merrill Kelly gave up one run in six innings. Washington’s Erick Fedde was charged with six earned runs in 3 1/3 innings. There was a pregame parachuting display at Nationals Park that caused an evacuation at the nearby U.S. Capitol. | https://localnews8.com/sports/ap-national-sports/2022/04/20/raise-a-toast-to-the-dbacks-beer-leads-11-2-win-at-nats/ | 2022-04-21T05:48:03Z |
NEW YORK, Sept. 2, 2022 /PRNewswire/ -- L Catterton Asia Acquisition Corp ("LCAAC" or the "Company") announced that it has appointed Sanford Litvack to its Board of Directors, effective since August 10, 2022, and that John Sculley has stepped down as an independent director of the Company.
With over six decades of commercial litigation and corporate operations experience in both the private and public sectors, Mr. Litvack adds a rare combination of legal acumen and business insights to LCAAC's Board. He is currently a partner of leading boutique trial and arbitration law firm Chaffetz Lindsey as well as a fellow of the American College of Trial Lawyers. Formerly, Mr. Litvack was senior counsel in the litigation department at global law firm Hogan Lovells and an assistant attorney general in charge of the Department of Justice's antitrust division. Mr. Litvack previously also served as the chief of corporate operations and the vice chairman of the Board of Directors at Disney, where he spearheaded its acquisitions of ABC and ESPN. His boardroom experience also includes a prior directorship at technology company Hewlett Packard.
"We are pleased to welcome Sandy to the Board and look forward to benefitting from his expertise and guidance," said LCAAC chairman Chinta Bhagat. "We also want to take this opportunity to thank John for his invaluable service and contribution to the Company since our establishment."
About L Catterton Asia Acquisition Corp
L Catterton Asia Acquisition Corp is a blank check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. While we may pursue an initial target business in any industry or sector, we intend to focus our search in high-growth, consumer technology sectors across Asia. For more information about the Company, please visit www.lcaac.com.
Forward Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact:
L Catterton
Jon Keehner / Haley Salas
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
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SOURCE L Catterton | https://www.kxii.com/prnewswire/2022/09/02/l-catterton-asia-acquisition-corp-appoints-sanford-litvack-director/ | 2022-09-02T12:56:25Z |
Bohm, Harper lead Phillies, snap Brewers’ 4-game win string
By AARON BRACY
Associated Press
PHILADELPHIA (AP) — Alec Bohm hit a go-ahead, two-run single in the eighth inning, Bryce Harper got two key hits and the Philadelphia Phillies beat Milwaukee 4-2, stopping the Brewers’ four-game winning streak. Jean Segura, Nick Castellanos and J.T. Realmuto also had two hits each for Philadelphia, which won for just the third time in 10 games. Former Philadelphia fan favorite Andrew McCutchen doubled and drove in a run for the Brewers. Harper batted third as the designated hitter once again after an MRI showed a strain in his right elbow. The reigning NL MVP, who hasn’t played right field in five straight games, first injured his elbow on April 11. He won’t throw again until Tuesday, though he doesn’t experience discomfort at the plate. | https://localnews8.com/sports/ap-national-sports/2022/04/22/bohm-harper-lead-phillies-snap-brewers-4-game-win-string/ | 2022-04-23T03:23:19Z |
D'Amaro offers first look at future of Avengers Campus, the Disney Treasure, and preview of Disney 100 Years of Wonder, the biggest celebration in the history of The Walt Disney Company
ANAHEIM, Calif., Sept. 11, 2022 /PRNewswire/ -- Today at D23 Expo 2022, Disney Parks, Experiences and Products Chairman Josh D'Amaro shared a look into the future for Disney theme parks and beyond, with announcements that continue to defy expectations and inspire imagination. Highlights included the expansion of Avengers Campus at Disneyland Resort with a third attraction; a first look at the Disney Treasure, the next ship joining the Disney Cruise Line fleet; a closer look at the Frozen-themed lands coming to three park destinations around the world; and a behind-the-scenes look at the blue-sky brainstorming of Disney Imagineers.
"It's terrific to be together in person and connect with our fans again at D23 Expo. I love sharing in the excitement with them for what we have ahead of us," said Josh D'Amaro. "As the world's greatest storytellers, I'm thrilled to share the new and innovative ways we are bringing next-generation Disney magic to life across Disney parks and experiences."
As D'Amaro welcomed thousands of fans back to the ultimate Disney fan event for the first time since 2019, the audience was wowed by appearances from special guests, celebrities, never-before-seen characters and electric performances that filled Hall D23 with music and excitement.
Singer-songwriter Jordan Fisher kicked off the show with a rousing performance of the popular anthem "Happily Ever After." Executive Producer and Disney Legend Jon Favreau joined to share a first look at the Mandalorian and Grogu before they encounter guests starting in mid-November inside Star Wars: Galaxy's Edge at Disneyland Park in Anaheim. Then, Marvel Studios President Kevin Feige shared how Avengers Campus at Disneyland Resort will expand the Multiverse with a third attraction, along with the debut of the Incredible Hulk, who will appear in his Quantum Suit at Avengers Campus in California beginning next week for a limited time.
The audience was brought to their feet with a stellar performance by Disney Legend and Tony Award-winner Anika Noni Rose, the voice of Tiana in Walt Disney Animation Studios' "The Princess and TheF Frog," as more details were revealed about Tiana's Bayou Adventure coming to Walt Disney World Resort and Disneyland Resort in late 2024. As D'Amaro shared a closer look at the Frozen-themed areas coming to Hong Kong Disneyland, Tokyo Disney Resort and Disneyland Paris, the audience was treated to a moving rendition of the "Frozen 2" hit song "Into the Unknown" performed in Cantonese, Japanese and French.
A highlight of the morning included a look at what's possible when Disney Imagineers and their collaborators dream big. Disney Animation Chief Creative Officer Jennifer Lee, the Academy Award-winning writer and director of "Frozen" and "Frozen 2," shared how the studio is working with Walt Disney Imagineering on concept explorations for Dinoland U.S.A. at Disney's Animal Kingdom park and potential expansion opportunities at Magic Kingdom park, both at Walt Disney World. Finally, D'Amaro offered a look at Disney100, the biggest celebration in the company's history, which will kick off in January.
The presentation was full of exciting announcements with an incredible slate of experiences coming to Disney parks, resorts, cruise ships and beyond:
New Stories Coming to Disneyland Resort
Guests at Disney California Adventure park will soon head into the Multiverse alongside fan-favorite Super Heroes, as details on a never-before-seen third attraction with a brand-new story was announced for Avengers Campus. Joining in battle with the Avengers means facing foes from anywhere and everywhen, including a new threat, King Thanos, a Multiverse variant designed specifically for Avengers Campus.
Just around the corner from Avengers Campus, Pacific Wharf will be reimagined as San Fransokyo from the Oscar-winning Disney Animation film "Big Hero 6," complete with a place to meet Baymax as well as new spots to eat and shop.
At Disneyland park, Mickey & Minnie's Runaway Railway will invite guests into a cartoon world where toon rules apply, and Mickey's Toontown will step into a new era of inclusive experiences for families of all ages when it opens in early 2023.
Across the way, progress continues on the reimagining of the Paradise Pier Hotel to Pixar Place Hotel, where guests will feel as though they've stepped into a Pixar art gallery featuring new interpretations of favorite Pixar pals. Over at the Downtown Disney District, more than a dozen new and reimagined locations will open, including a Southern Californian favorite, Porto's Bakery & Café. For running fans, runDisney races will return to the resort in 2024.
Tiana's Bayou Adventure at Disneyland Resort and Walt Disney World Resort
Imagineers joined D'Amaro onstage to discuss new story details for Tiana's Bayou Adventure, coming to Disneyland Resort and Walt Disney World Resort in late 2024. Several members of the original film cast will return to lend their voices to the attraction, including Anika Noni Rose as Tiana, Bruno Campos as Naveen, Michael-Leon Wooley as Louis and Jenifer Lewis as Mama Odie.
Walt Disney World Resort and the Transformation of EPCOT
The next major milestone in EPCOT's multi-year transformation will include the completion of the World Celebration neighborhood in late 2023. Journey of Water, Inspired by Moana will also open in late 2023, inviting guests to follow the story of water on the planet, inspired by Moana's connection to the ocean. Fan-favorite character Figment will also appear live to park guests by the end of 2023.
Over at Magic Kingdom, TRON / Lightcycle Run will invite guests to enter the Grid in spring 2023. Popular anthem "Happily Ever After" will play again when an updated nighttime spectacular returns to light up the skies over Cinderella Castle in 2023. At the Haunted Mansion, the Hatbox Ghost will materialize in 2023.
New Horizons for Disney Cruise Line and the Disney Treasure
The sixth ship in the Disney Cruise Line fleet, the Disney Treasure, will set sail in 2024. Imagineers have dreamed up a new design concept inspired by the theme of adventure, celebrating Walt Disney's lifelong love of exploration. The Grand Hall — the magnificent three-deck-tall atrium that welcomes guests on board — is inspired by the grandeur and mystery of a gilded palace, drawing on real-world influences from Asia and Africa, and paying homage to the far-off land of Agrabah. At the center, the signature statue will feature Aladdin, Jasmine and their Magic Carpet.
For the first time, Disney Cruise Line is bringing the magic of a Disney vacation to families and fans in Australia and New Zealand during limited-time cruises that immerse guests in Disney, Pixar, Marvel and Star Wars stories beginning in late October 2023. Additionally, repositioning cruises for the Disney Wonder will be the first South Pacific voyages for Disney Cruise Line, giving guests the chance to experience destinations like Fiji and Samoa.
In the Bahamas, progress continues on a beautiful new island destination at Lighthouse Point, which will bring the natural beauty and rich culture of the Bahamas to life for Disney Cruise Line guests.
Three Frozen-themed Lands Highlight Expansions at Parks Around the World
Inspired by Disney Animation's stunning films, World of Frozen will open in the second half of 2023 at Hong Kong Disneyland – the first of three Frozen-themed areas coming to international Disney parks. It will blend Arendelle with the park's natural landscapes on Lantau Island.
At Disneyland Paris, the Frozen-themed land will be the next major milestone in the ongoing transformation of Walt Disney Studios park. This land will offer a gorgeous lakeside promenade and will immerse guests in the same magical wintry setting from the films. A new Tangled-themed family attraction will join the new gardens leading into the land. Frozen will also be part of the transformation of the Disneyland Hotel, reopening in 2024. As part of the grand finale of the 30th Anniversary celebration underway, a new stage show, "Pixar: We Belong Together," will debut next year in Walt Disney Studios park.
At Tokyo Disney Resort, Frozen is one of the stories coming to life as part of the Fantasy Springs expansion at Tokyo DisneySea, joining two other Disney Animation stories, "Peter Pan" and "Tangled," plus a brand-new hotel integrated right into the park. Fantasy Springs will feature several new Audio-Animatronics figures, including Elsa, who sings in Japanese and whose movements sync with the rhythms of the language.
Shanghai Disney Resort will be the first Disney resort to bring the world of the Oscar-winning Disney Animation film "Zootopia" to life. At Zootopia Central Station, guests will find animals going about their daily lives. At the Zootopia Police Department, which doubles as the entrance for the land's new family attraction, guests will be greeted by an Audio-Animatronics figure of Officer Clawhauser.
Mickey's favorite teddy bear, Duffy, is a favorite of fans in all three Disney resorts in Asia, and D'Amaro shared that Duffy & Friends will star in their very own six-episode, stop-motion animated series on Disney+ next year.
Disney 100 Years of Wonder
D'Amaro concluded the presentation with a first look at how Disney Parks, Experiences and Products will mark Disney 100 Years of Wonder (Disney100), the biggest celebration in the history of the company. New décor, specialty food and beverages, character experiences and more will come to parks around the world, with the heart of the celebration rooted at Disneyland Resort.
- Two new nighttime spectaculars — "World of Color – One" and the new fireworks show "Wondrous Journeys" — will kick off in late January at Disneyland Resort. "World of Color – One" at Disney California Adventure will celebrate the storytelling legacy started by Walt Disney a century ago. It's going to be World of Color like you've never seen it before, with an all-new inspiring story told through some favorite characters. "Wondrous Journeys" at Disneyland park will ignite the wonder in everyone and feature nods to all 60 Walt Disney Animation Studios films to date, taking viewers on a journey filled with artistry, music, storytelling and heart. Special entertainment moments will also pop up across the resort, including the long-awaited return of the "Magic Happens" parade this spring.
- A brand-new nighttime spectacular will come to the World Showcase Lagoon at EPCOT in late 2023 as part of the Disney100 Celebration.
- Hong Kong Disneyland will also unveil a new statue of Walt Disney and Mickey Mouse near Cinderella's Carousel as part of the Disney100 Celebration.
For more information, visit DisneyParksBlog.com.
About Disney Parks, Experiences and Products
Disney Parks, Experiences and Products brings the magic of The Walt Disney Company's powerful brands and franchises — including Disney, Pixar, Marvel, Star Wars, ESPN, 20th Century Studios and National Geographic — into the daily lives of families and fans around the world to create magical memories that last a lifetime.
When Walt Disney opened Disneyland in Anaheim, California, on July 17, 1955, he created a unique destination built around storytelling and immersive experiences, ushering in a new era of family entertainment. More than 65 years later, Disney has grown into one of the world's leading providers of family travel and leisure experiences, with iconic businesses including six resort destinations with 12 theme parks and 52 resorts in the United States, Europe and Asia; a top-rated cruise line with five ships and plans for two more; a luxurious family beach resort in Hawai'i; a popular vacation ownership program; and an award-winning guided family adventure business. Disney's global consumer products operations include the world's leading licensing business; the world's largest children's publishing brands; one of the world's largest licensors of games across all platforms; Disney store locations around the world; and the shopDisney e-commerce platform.
These experiences are created by Disney Imagineers, the creative force behind experiences found in Disney theme parks, resort hotels, cruise ships and consumer products — including books, games and merchandise.
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SOURCE Disney Parks, Experiences and Products | https://www.mysuncoast.com/prnewswire/2022/09/11/d23-expo-2022-chairman-josh-damaro-shares-boundless-future-disney-parks-experiences-products/ | 2022-09-11T20:45:49Z |
EDINGURG, Texas (Border Report) — Two more cases of monkeypox were confirmed Monday in Hidalgo County, bringing the total to five cases, health officials said.
A travel-related case was confirmed over the weekend, and another case on Monday morning, Hidalgo County health officials said.
They are not identifying the patients but said both have been asked to go into isolation to limit the spread of the virus along the South Texas border.
Health officials in Cameron County, on the Gulf Coast, had reported the first case of monkeypox on Aug. 16, and have since reported no additional cases.
That week in Laredo, Texas, reported it the first case of monkeypox and that the patient was also isolated. | https://cw33.com/news/border-report-news/2-more-cases-of-monkeypox-on-south-texas-border/ | 2022-08-30T16:25:03Z |
Summer swelter: Persistent heat wave breaks records, spirits
(AP) -From the normally chilly Russian Arctic to the traditionally sweltering American South, big swaths of the Northern Hemisphere continued to sizzle with extreme heat as the start of summer more resembled the dog days of August.
In the United States a heat dome of triple digit temperatures in many places combined with high humidity oscillated from west to east. On Thursday, at least eight states hit 100 degrees, and at least nine high temperature marks were set or broken, according to the National Weather Service, which held 30 million Americans under some kind of heat advisory.
The extreme discomfort of Thursday came after 12 states broke the 100-degree mark on Wednesday and 21 records were tied or broken. Since June 15, at least 113 automated weather stations have tied or broken hot-temperature records. Scientists say this early baking has all the hallmarks of climate change.
“It’s easy to look at these figures and forget the immense misery they represent. People who can’t afford air conditioning and people who work outdoors have only one option, to suffer,” said Texas A&M climate scientist Andrew Dessler, who was in College Station, where the temperature tied a record at 102 degrees Thursday. “Those of us with air conditioning may not physically suffer, but we are prisoners of the indoors.”
After three deaths, Chicago has changed its cooling rules.
In Macon, Georgia, the temperature swept from 64 degrees to 105 in just nine hours Wednesday. Then on Thursday the temperature peaked at 104, a record for the day. Even Minneapolis hit 100 on Monday.
Probably only the Pacific Northwest and Northeast have been spared the heat wave, said National Weather Service meteorologist Marc Chenard at the Weather Prediction Center. On Thursday, Texas, Louisiana, Mississippi, Alabama, Georgia, Florida, Arizona and California all hit at least 100. The same states hit 100 on Wednesday, joined by North and South Carolina, Kentucky and Tennessee.
“It’s persistent,” Chenard said. “It’s been over a week, and it’s going to continue in some aspects.”
It’s not just the U.S.
The Russian city of Norilsk, above the Arctic circle, hit 89.6 degrees Thursday for its hottest June day on record and tied for its hottest day in any month on record, according to Maximiliano Herrera, who tracks global temperature records. Several Japanese cities hit their hottest June temperatures including 97 in Nobeoka City, while Turpan, China, hit 114 degrees. Herrera said it’s so crazy that he doesn’t have time to eat or sleep, just track broken records and extreme heat.
A European heat wave has also caused problems with fires in Germany and Spain.
Northern Illinois University meteorology professor Victor Gensini said what’s happening with this early heat wave is “very consistent with what we’d expect in a continually warming world.”
“These temperatures are occurring with only 2 degrees Fahrenheit of global warming and we are on track for 4 degrees Fahrenheit (2.2 degrees Celsius) more warming over this century,” Dessler said. “I literally cannot imagine how bad that will be.”
In Raleigh, North Carolina, it hit 100 on Wednesday, and usually the city only gets one 100-degree a day a year, but it comes much later than this, said state climatologist Kathie Dello.
“In the southeastern U.S. many lack access to sufficient or stable cooling or cannot afford to use their home cooling systems. Heat morbidity and mortality is among our greatest public health risks in a changing climate.”
There may be some cooling by the weekend or Monday in some places, including the north central part of the country, Chenard said. But above normal temperatures are forecast for “at least into the first part of July” and he added it’s likely the entire summer will be hotter than normal.
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Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/24/summer-swelter-persistent-heat-wave-breaks-records-spirits/ | 2022-06-24T11:36:33Z |
Leading appraisal software and services firm, Tyler Technologies, embeds Nearmap aerial imagery and data into its proprietary property appraisal system to streamline the assessment of millions of properties in the U.S.
SALT LAKE CITY, June 6, 2022 /PRNewswire/ -- The assessment of millions of properties by government officials and property appraisers in the U.S. will be hugely improved and streamlined following a powerful partnership by leading location intelligence and aerial imagery firm, Nearmap, and America's largest provider of computer assisted mass appraisals (CAMA) for properties, Tyler Technologies (Tyler).
Nationwide across the U.S., Tyler's mass appraisal, tax billing, and collections software solutions help to ensure fair and equitable property assessments and timely taxation of more than 97 million property 'parcels'.
The innovative partnership provides users with the most comprehensive property appraisal solution available in the U.S. By working with Tyler to streamline the overall appraisal workflow, Nearmap is helping Tyler's customers to complete multiple appraisals in the time it would take to physically visit one property. The solution will incorporate regularly updated, high-quality Nearmap aerial imagery and location data into the workflows of Tyler's mass appraisal system. This will deliver even more efficient and accurate property valuation and assessment processes, allowing users to remotely, and more easily, detect data changes and discrepancies in properties.
Jake Wilson, Senior Vice President and General Manager for Tyler Technologies said: "Local governments are striving to implement fair and equitable property tax systems for residents. Streamlined data collection and quality control – which prevent data errors and omissions early in the process – will increase trust in property valuations. This also reduces costly and time-consuming disputes for property tax administrators."
Mr Wilson continued, "Tyler has been the trusted partner for integrated solutions covering the land development and property tax lifecycles for more than 70 years. We're excited to partner with Nearmap, which has the leading location intelligence offering in the market, to enhance Tyler's property appraisal solution and create the industry's most comprehensive solution for property assessment administration."
Don Weigel, Senior Vice President of Products for Nearmap, said: "The ability to embed the leading location data and aerial imagery of Nearmap with Tyler Technologies' comprehensive offering in computer-assisted mass appraisal, assessment administration, tax-billing, and collections, creates an incomparable and enduring property solution."
"Property valuations and appraisals are highly dependent on access to timely, accurate, and validated property, building, and real estate market data. Nearmap aerial imagery helps bridge that gap, by providing clear and current aerial imagery that helps thousands of users conduct virtual site visits for data-driven property insights that better enable informed decisions, streamline operations, and contribute to an improved bottom line."
With the integration of regularly updated aerial imagery and location data into system workflows, Tyler customers can access a more comprehensive property solution. Users will be able to manage every step of the property appraisal process, while also optimizing daily operations, analyzing assessment data, and generating fair, equitable, and defendable property valuations.
Joe Wehrli, Enterprise Architect for Tyler Technologies said: "The transition from manual property data collection and verification processes to a more holistically automated approach represents the first step in the next wave of evolution for the Assessment Office."
"This integration will ensure property assessors have the right image available at the right time for the task at hand. It helps offices optimize day-to-day operations by improving data-driven decision-making and streamlining tasks to increase efficiency and save time and tax-payer's money."
Mr Weigel added: "Organizations across North America continue to be drawn to the diverse and innovative applications for Nearmap content and solutions. Nearmap can, through our widget technology, enhance a wide range of systems and platforms in the Government, Insurance, and Commercial sectors with high resolution, regularly updated, property-specific geospatial content. This saves software developers and platform providers the time, effort and money required to build easy and efficient mapping tools to access Nearmap property intelligence data."
Nearmap location technology and content is now used by government customers in 42 out of the 50 U.S. states where it offers location data.
Media Contacts:
Nearmap | Taylor Cenicola | taylor.cenicola@nearmap.com
Tyler Technologies | Kate Bussey | Kate.Bussey@tylertech.com
Nearmap (ASX: NEA) provides easy, instant access to high resolution aerial imagery, city-scale 3D content, AI data sets, and geospatial tools. Using its own patented camera systems and processing software, Nearmap captures wide-scale urban areas in the United States, Canada, Australia, and New Zealand several times each year, making current content instantly available in the cloud via web app or API integration. Every day, Nearmap helps thousands of users conduct virtual site visits for deep, data-driven insights— enabling informed decisions, streamlined operations and better financial performance.
Founded in Australia in 2007, Nearmap is one of the largest aerial survey companies in the world and is publicly listed on the Australian Securities Exchange.
Tyler Technologies (NYSE: TYL) provides integrated software and technology services to the public sector. Tyler's end-to-end solutions empower local, state, and federal government entities to operate more efficiently and connect more transparently with their constituents and with each other. By connecting data and processes across disparate systems, Tyler's solutions are transforming how clients gain actionable insights that solve problems in their communities. Tyler has more than 37,000 successful installations across more than 12,000 locations, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including Government Technology's GovTech 100 list and Forbes' "Most Innovative Growth Companies" list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.
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SOURCE Nearmap | https://www.kxii.com/prnewswire/2022/06/06/nearmap-location-data-integrated-into-workflows-americas-largest-provider-computer-assisted-mass-appraisals-properties/ | 2022-06-06T14:27:59Z |
Cascade Sotheby's International Realty, a Peerage Realty Partner, has joined forces with Hasson Company, a leading luxury residential real estate brokerage serving Portland Metro, Central Oregon, and Southwest Washington. With over 180 real estate advisors working across seven offices, Hasson Company, Realtors transacted US$2.9 billion (C$3.8 billion) in sales in 2021.
The combined company, which brings together two deep leadership teams and their respective rosters of exceptional professional advisors, will be known as Cascade Hasson Sotheby's International Realty. It will serve clients in Portland Metro, Bend, Redmond, Jacksonville, Ashland, Hood River, Southwest Washington, and Coast markets.
The combined business has 570 agents, 25 offices, and US$6.2 billion (C$8.06 billion) in transacted sales for 2021.
Cascade Sotheby's International Realty is an important partner within Peerage Realty Partners' substantial North American luxury real estate network. In adding Hasson Company to the partnership, the combined company is ideally positioned to capitalize on the remarkable opportunities for ongoing growth in new and existing markets.
TORONTO, June 22, 2022 /PRNewswire/ - Cascade Sotheby's International Realty is partnering with leading independent firm Hasson Company ("Hasson") to create Cascade Hasson Sotheby's International Realty. The newly formed luxury brokerage is focussed on serving clients in the luxury residential real estate markets of the Pacific Northwest including Portland Metro, Bend, Redmond, Jacksonville, Ashland, Hood River, Coast markets, and Southwest Washington (Vancouver).
Both firms specialize in representing iconic properties that highlight sophisticated urban markets as well as the spectacular, rugged beauty of the Pacific Northwest region.
Together, the new partnership, Cascade Hasson Sotheby's International Realty, has 570 agents, 25 offices, and US$6.2 billion (C$8.06 billion) in transacted sales for 2021.
Cascade Hasson Sotheby's International Realty will continue to be led by Deb Tebbs, CEO of Cascade Sotheby's International Realty, Steve Studley, CEO of Hasson Company, and Hasson President, Lynae Forbes, along with all the members of both existing management teams.
"Hasson Company founder, the late Mike Hasson, was a deeply respected industry leader in Oregon and his legacy endures. His reputation for trust, integrity and exceptional client focus has continued to influence the firm's culture," said Philip White, President and CEO of Sotheby's International Realty. "Having watched the company grow steadily in both scale and talent, we could not be more delighted to welcome Hasson Company to the Sotheby's International Realty brand."
Steve Studley, CEO of Hasson Company said: "From the outset, we always maintained the only partner for Hasson Company would be Sotheby's International Realty. Now, the time is right for us to join forces and partner with Cascade Sotheby's International Realty - a company we know, admire, trust, and respect - to dominate the Pacific Northwest luxury markets."
"We are thrilled to partner with Hasson Company. All of us at Cascade Sotheby's International Realty hold Hasson Company in the highest professional and personal regard," noted Deb Tebbs, President and CEO of Cascade Sotheby's International Realty. "Hasson Company shares our values and beliefs, and our objective to build a strong and sustainable model that incorporates the most up-to-date technology, marketing and exceptional leadership to support our wonderful agents."
"With our combined scale and resources, our agents will be even better equipped to deliver exceptional real estate services from which our clients will benefit even further," she added.
Lynae Forbes, President of Hasson Company stated: "Our two firms are closely aligned in values, culture, and commitment to our shared community. This gives our combined team a wonderful start in collaborating effectively together."
Said Gavin Swartzman, President and CEO of Peerage Realty Partners: "This newly architected partnership between Hasson Company and Cascade Sotheby's International Realty is an important new milestone for Peerage Realty. Our objective is always to provide incremental strategic, financial, and human resources to enable our partner firms to continue to grow and prosper. We are thrilled to partner with such exceptional management teams to expand our presence in the growing and important Pacific Northwest market."
The Peerage group of Sotheby's International Realty affiliates includes: Sotheby's International Realty Canada ("SIRC"), Canada's largest luxury real estate brokerage with 30 offices and 690 agents in Ontario, Quebec, British Columbia and Alberta; Briggs Freeman Sotheby's International Realty with six offices and 381 agents in North Texas, including Dallas and Fort Worth; Four Seasons Sotheby's International Realty with 23 offices and 320 agents in Vermont, New Hampshire and New York (including Select Sotheby's International Realty); Jameson Sotheby's International Realty, a dominant player in the luxury residential and commercial real estate markets with six offices and 460 agents in the Greater Chicago Area; Pacific Sotheby's International Realty, based in San Diego with 620 agents and 18 offices in aspirational Southern California; Premier Sotheby's International Realty of Naples, the preeminent luxury realtor in Florida and North Carolina with 1,300 agents and 38 offices; and now Cascade Hasson Sotheby's International Realty with 391 agents and 17 offices across Oregon and Southwest Washington.
Founded by Mike Hasson, an iconic industry leader, in 1991, the company has grown to about 180 full-time agents in 7 offices located throughout the Portland Metro area, Central Oregon, and one in Southwest Washington. It sold US$2.9 billion (C$3.8 billion) of luxury real estate in 2021 and has been recognized as one of the leading independent firms in the region.
In Oregon, it has offices in Portland (Northeast/Irving/Uptown), Lake Oswego, Charbonneau, Hood River, and West Linn. It also has an office in Vancouver, Washington. http://www.hasson.com/
With 391 brokers and 17 offices serving Oregon and Southwest Washington, Cascade Sotheby's International Realty was ranked the third fastest-growing company in Portland in 2020. It has a 20 percent share of the key Bend, Oregon market, twice as much as its nearest competitor.
In 2021, posting a 30 percent increase over the previous year, Cascade Sotheby's International Realty generated over US$3.3 billion (C$4.24 billion) in sales volume.
Cascade Sotheby's International Realty has offices in the following Oregon communities: Ashland, Beaverton, Bend (2), Cannon Beach, Gearheart, Gleneden Beach, Grant's Pass, Hood River, Jacksonville, Lake Oswego, Manzanita, Portland (2), Sisters, and Sun River. In Washington, it has an office in Vancouver. www.CascadeSothebysrealty.com
Peerage Realty Partners is a leading residential real estate services firm, serving luxury markets across North America.
Peerage Realty brokerage partners include leading Sotheby's International Realty franchisees, and renowned independent firms in both re-sale residential real estate brokerage, and new construction marketing.
Peerage Realty core service activities include real estate financing, transaction services, asset management, and home improvement for purpose-built rental properties. Peerage Realty has the unique benefit of being a privately-owned enterprise that is positioned to commit to long-term partnerships and investments.
Peerage Realty is projected to transact over US$53 billion (C$70 billion) of residential real estate through its partner firms. Peerage Realty is currently one of the top 10 largest residential real estate service firms in North America with over 7,000 best-in-class sales representatives and employees with 276 offices across Canada and the United States.
To support growth and expansion among partners, Peerage Realty consistently provides strategic input, capital, technology, operational expertise, marketing, communications, and value-added products and services that differentiate and strengthen its partner firms in competitive markets. Its goal is to expand the suite of services that its partner firms can offer to enhance the client experience through all phases of a real estate transaction and beyond. www.peeragerealty.com
Peerage Capital is a leading North American business services and private investment firm. Peerage Capital is focused on partnering with exceptional, entrepreneurial management teams to form long-term investments across several strategic business services platforms including real estate services, real estate development and management, land assembly, self-storage, asset management and wealth advisory services.
A growing network of partner companies has over 7,000 sales representatives and employees across Canada and the United States with approximately US$9 billion (C$11 billion) in total assets under management (AUM) and administration. Peerage Capital focuses on service sectors where there are opportunities to achieve scale through both organic growth as well as through acquisition, operating synergies, and brand differentiation. It supports the partner firms in which it invests by providing capital as well as a team of experienced professionals who add value in such areas as strategy, finance, technology, marketing, mergers and acquisitions, and communications.
Peerage Capital believes that superior talent is the ultimate driver of long-term growth and success. It operates with a strong culture of partnership, collaboration, and alignment of interests, both economic and cultural. Peerage Capital's unique "Professional Partnership" model has been refined over 40 years to accelerate growth through value-added services that enhance the sustainable, profitable growth rate of the organization, maximizing value for all stakeholders. www.peeragecapital.com
Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby's auction house. Today, the company's global footprint spans nearly 1,000 offices located in 79 countries and territories worldwide, including 51 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Realogy entered a long-term strategic alliance with Sotheby's, the operator of the auction house. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby's International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby's auction house, established in 1744.
The affiliate network is operated by Sotheby's International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby's International Realty, Inc. Both entities are subsidiaries of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation, and settlement services. Both Sotheby's International Realty Affiliates LLC and Sotheby's International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act. www.sothebysrealty.com
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SOURCE Peerage Realty Partners Inc. | https://www.mysuncoast.com/prnewswire/2022/06/22/cascade-sothebys-international-realty-peerage-realty-partner-joins-forces-with-iconic-independent-hasson-company-create-luxury-real-estate-powerhouse-pacific-northwest-market/ | 2022-06-22T16:56:37Z |
Several people shot at Copenhagen shopping mall, police say
COPENHAGEN, Denmark (AP) — Danish police said Sunday that several people were shot at a Copenhagen shopping mall, one of the largest in Scandinavia.
Copenhagen police said that one person has been arrested in connection with the shooting at the Field’s shopping mall, which is close to the city’s airport. Police tweeted that “several people have been hit,” but gave no other details.
Copenhagen Mayor Sophie H. Andersen tweeted: “Terrible reports of shooting in Fields. We do not yet know for sure how many were injured or dead, but it is very serious.”
Images from the scene showed people running out of the mall, and Denmark’s TV2 broadcaster posted a photo of a man being put on a stretcher. Witnesses said people were crying and hid in shops.
Laurits Hermansen told Danish broadcaster DR that he was in a clothing store at the shopping center with his family when he heard “three-four bangs. Really loud bangs. It sounded like the shots were being fired just next to the store.”
A huge presence of heavily-armed police officers was on hand, with several fire department vehicles also parked outside the mall.
“One person has been arrested in connection with the shooting at Fields. We currently are not able to say more about the person concerned,” Copenhagen police tweeted. “We have a massive presence at Fields and are working on getting an overview.”
The shopping center is on the outskirts of Copenhagen just across from a subway line that connects the city center with the international airport. A major highway also runs adjacent to Fields, which opened in 2004.
A concert by former One Direction band member Harry Styles was scheduled to be held at 8 p.m. (1800 GMT; 2 p.m. EDT) at the nearby Royal Arena. It was unclear whether the concert would be held.
On Snapchat, Styles wrote “My team and I pray for everyone involved in the Copenhagen shopping mall shooting. I am shocked. Love H.”
Shortly after the shooting, the royal palace said a reception with Crown Prince Frederik connected to the Tour de France cycling race had been canceled. The first three stages of the race were held in Denmark this year, the palace said in a statement. The reception was due to be held on the royal yacht that is moored in Soenderborg, the town where the third stage ended.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/03/several-people-shot-copenhagen-shopping-mall-police-say/ | 2022-07-03T18:27:06Z |
RICHARDSON, Texas (KDAF) — Why did the duck cross the road? Who knows? What we do know is that they made it safely thanks to this Richardson police officer.
If you needed a feel-good video to get you through the week, look no further. Someone took to the subreddit r/Dallas and posted an adorable video of a good act.
According to the post description, the video shows a Richardson police officer helping a mother duck and her babies cross the access road on US-75. The officer made sure no cars would endanger these ducks by having their patrol unit lights on.
To watch this adorable video, click here. | https://cw33.com/news/watch-richardson-police-officer-helps-ducks-cross-access-road-on-us-75/ | 2022-04-26T16:04:36Z |
The acquisition further demonstrates Mitratech's commitment to HR compliance & efficiency
AUSTIN, Texas, Aug. 10, 2022 /PRNewswire/ -- Today, Mitratech, a leading global provider of legal, compliance, and HR software, is pleased to announce that it has acquired the high-volume, hourly employee-focused applicant tracking and onboarding platform, TalentReef.
TalentReef, the market-leading talent management platform purpose-built for location-based, high-volume hourly hiring, automates processes and optimizes workflows to remove friction for candidates and hiring managers, particularly in de-centralized hiring environments. The talent management ecosystem was built to eliminate discord, ensure compliance and make the recruiting, hiring and onboarding process as smooth and easy as possible for managers and their applicants.
TalentReef's solution provides robust features that hiring managers need to compete in the battle for hourly talent. From a rapid application process to a conversational AI chatbot and two-way text communication, the platform has been built to scale and is configurable based on positional requirements, seasonality, and local market needs — specifically for those who hire hourly workers. TalentReef is used in over 100,000 locations across the US.
"We welcome TalentReef into the Mitratech community and are excited about our collective vision," said Mike Williams, CEO, of Mitratech. "Combining TalentReef's best-in-class systems with Mitratech's expertise, technology, and global platform will ensure our customers' hiring needs are serviced better and faster than anyone else in the industry."
The acquisition comes on the heels of Mitratech acquiring AssureHire, an emerging leader in tech-enabled background screening and verifications. TalentReef will integrate with both Tracker I-9 and AssureHire to provide a seamless and highly compliant onboarding experience for hourly workers.
Mitratech is a proven global technology partner for corporate legal, risk, compliance, and HR professionals seeking to maximize productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility, and spurring collaboration across an enterprise. Mitratech serves over 2,000 organizations worldwide spanning more than 160 countries.
For more info, visit: www.mitratech.com
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SOURCE Mitratech Holdings Inc | https://www.wibw.com/prnewswire/2022/08/10/mitratech-acquires-talent-management-platform-talentreef/ | 2022-08-10T16:18:30Z |
- LATEST DONATION BY THE PEPSICO FOUNDATION BRINGS ITS TOTAL HUMANITARIAN RELIEF PLEDGED TO THE GLOBAL REFUGEE CRISIS TO NEARLY $15 MILLION -
NEW YORK, May 4, 2022 /PRNewswire/ -- PepsiCo is proud to announce that Pepsi® will be the first global brand to partner with UNHCR, the UN Refugee Agency for the #Football4Refugees emergency appeal. PepsiCo's philanthropic arm, the PepsiCo Foundation is donating US$ 1 million to #Football4Refugees, and the Pepsi brand will be calling on its network of sports and music talent to drive awareness and donations to the appeal.
In the past decade, the global refugee population has more than doubled. Even before the crisis in Ukraine, 84 million people were forcibly displaced worldwide. As such, the #Football4Refugees appeal has been created to unite the global football community in raising critical funds to provide humanitarian assistance such as shelter and protection for people forced to flee their homes by conflict, war or persecution. #Football4Refugees is calling on players and fans to come together around the world to stand in support of those who have been forced to flee.
With the latest donation, PepsiCo and the PepsiCo Foundation have now pledged nearly US$ 15 million to humanitarian relief for Ukraine as well as supporting refugees in other parts of the world as the needs continue to grow globally. As a brand rooted in the sport, Pepsi advocates football as a means of uniting people around the world and as a force for good. As the first private sector partner to support #Football4Refugees, Pepsi is showcasing the power of football and its brand to engage fans, talents, customers, and employees to encourage further donations to the cause.
To amplify its support and create wide-spread awareness of the emergency appeal, Pepsi will be leveraging its football and music talents to create a "Pass It On" social awareness drive. In the coming days, several world-famous individuals will post short video clips online, announcing their backing of the #Football4Refugees initiative and encouraging their followers to take part and get involved in helping to raise vital funds.
Ram Krishnan, CEO, International Beverages and Chief Commercial Officer for PepsiCo said: "The global refugee crisis continues to affect the lives of so many people. At PepsiCo we want to ensure we are doing everything we can to provide those in need with vital resources and support. We're proud to be working closely with UNHCR, who are doing outstanding work providing humanitarian assistance, among others, through the #Football4Refugees emergency appeal. We hope that the online support from our network of talent over the coming days will help to raise further awareness and funds for this life-changing initiative."
Kelly Clements, Deputy High Commissioner of Refugees, UNHCR commented:
"Across the globe, there are now more than 84 million people who've been forced to flee their homes. From Ukraine to Ethiopia, Colombia to Venezuela, Afghanistan to Bangladesh, the needs of refugees are growing each day. UNHCR needs more partners like PepsiCo and the global football community to bring awareness and resources to those who need it most."
To ensure donations have the greatest impact for people affected by global conflicts, funds will go towards providing shelter, psycho-social support and protection, financial assistance and other life-saving support. UNHCR is on the ground, working day-and-night to help those who need it most.
Head to the @PepsiGlobal social channels to find out more about the players involved, and follow the #Football4Refugees hashtag. Donations to the appeal can be made via unhcr.org/football4refugees
FOR MORE INFORMATION, CONTACT:
pepsicomediarelations@pepsico.com
About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complimentary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com.
About The PepsiCo Foundation
Established in 1962, the PepsiCo Foundation, the philanthropic arm of PepsiCo, invests in the essential elements of a sustainable food system with a mission to support thriving communities. Working with non-profits and experts around the globe, the Foundation is focused on helping communities obtain access to food security, safe water, and economic opportunity. It strives for tangible impact globally through strategic partnerships and programmes - collaborating with industry peers, local and international organisations, and employees to affect large-scale change on the issues that matter and are of global importance.
About #Football4Refugees
The #Football4Refugees appeal was created by UNHCR to unite the global football community in raising critical funds to provide humanitarian assistance such as protection, shelter and other survival essentials for refugees displaced by conflict and persecution
About UNHCR
UNHCR, the UN Refugee Agency, protects people forced to flee their homes because of conflict and persecution. We work in over 130 countries, protecting millions of people by responding with life-saving support, safeguarding fundamental human rights, and helping them build a better future.
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SOURCE PepsiCo | https://www.mysuncoast.com/prnewswire/2022/05/04/pepsico-donates-us-1-million-football4refugees-rolls-out-social-initiative-with-pepsi/ | 2022-05-04T12:56:56Z |
The initiative is considered to be a pioneer among the state public banks of Brazil and aims to monitor market changes and help meet consumer needs to support financial inclusion in the country.
MIAMI, June 3, 2022 /PRNewswire/ -- The Banese Group introduces a new digital bank, Desty, to the Brazilian market. This launch was made possible with the support of Technisys, a strategic technology partner that provides a proven, next-gen digital banking platform. With this latest development, the Banese Group offers new financial products and services to a targeted market segment that does not have ready access to mainstream financial services.
Desty is designed to help Brazilian consumers within classes C and D, as well as small-medium business entrepreneurs - providing educational services that enable financial wellness, whether to manage the family budget, realize a retirement goal or boost business growth.
Among Brazil's five-state public banks, the Banese Group is the first to launch a digital bank in the market. Desty's digital DNA delivers a humanized and inclusive customer experience, while providing financial support to those who do not have easy access to traditional banks. "Our new digital platform expands financial inclusion. We are digital, but not impersonal, and we want to reflect this DNA of human warmth and inclusion with the new digital bank," says Jumara Mendonça, the Superintendent of Digital Business at Banese.
With more than 60 years of solid performance in the Sergipe market (the state of Brazil, located in the Northeast region), Banese has always sought to break traditional concepts and proactively meet market growth. Partnering with Technisys was important for building a robust, modular, scalable, and secure digital ecosystem.
Desty features a mobile-based platform - inspired by social networks and based on leading-edge iOS (Apple) and Android (Google) capabilities - to deliver a consistent and reliable mobile experience. The newly formed digital bank offers customers an intuitive, practical, easy-to-navigate, and secure digital experience. Banese currently serves more than 800,000 customers in Sergipe state and is expected to expand to other Brazilian states and expects to reach 5 million users within the next five years.
"The purpose of the new digital bank is to add, not replace, current Banese's services, supporting the bank's growth and geographic expansion. I believe that we will have a stronger institution that can create more job openings and income for the country," said Luciano Passo, the Director of Strategic Management and Technology at Banese.
Desty's project implementation started in the middle of the Covid-19 pandemic. Regardless, the Banese Group and Technisys teams successfully managed an aggressive schedule, even as teams worked entirely remotely. In addition, during the project, it was necessary to work on new business requirements, such as the adaptation to regulatory demands and emergency credit programs due to the pandemic.
"Cyberbank - the banking platform implemented in Banese - is designed to align technology with the specific needs of each business line with agility and scalability. We are a cloud-native, API-centric platform with open banking capabilities, enabling financial institutions to develop robust, digital-first applications and services - in real-time - to meet ever-changing market needs," added German Pugliese-Bassi, Co-Founder and CMO of Technisys.
With Desty, the Banese Group is able to deliver tailored digital experiences, establishing itself as one of the most innovative government financial institutions in Brazil.
Technisys is a leading next-gen digital and core banking platform that redefines the customer experience. As a best-in-class technology platform, Technisys uniquely delivers differentiation in two keyways. By empowering financial institutions to dynamically create tailored financial products at the speed of commerce, and by empowering them to offer meaningful recommendations to customers at point of need. Technisys uses data-driven insights and integrate them with its unique technology that enables structural flexibility. A flexibility that allows financial institutions to create and tailor any financial product – in real time – to deliver a seamless digital experience at every customer touchpoint whether online, on the phone, or at a branch. Giving banks and fintechs the agility to tailor [offerings/products/] that become integral to a customer's lifestyle in new and profound ways, down to the segment of one.
Banese is a publicly traded, mixed economy company controlled by the State of Sergipe, a catalyst for the economic growth of Sergipe society through the provision of banking services. They form the economic conglomerate with Sergipe Administradora de Cartão e Serviços S.A. (SEAC). Also, part of the brand are Banese Corretora e Administradora de Seguros, Instituto Banese de Seguridade Social (SERGUS), Caixa de Assistência dos Empregados do Banese (CASSE) and Instituto Banese, the latter responsible for managing socio-environmental responsibility and support for cultural events. It has a strong presence in retail with individuals and in financing the working capital of small and medium-sized companies. Total customers (current and savings accounts) reached a total of 821,478 in 2021, comprising 795,672 individual customers and 25,806 business customers. It is present in all 75 municipalities in Sergipe, with 63 branches, 54 of which are physical units (12 in the capital and 42 in the countryside), 09 service stations and 476 ATMs.
Contact details
Marilia Ribeiro
Technisys
mribeiro@technisys.com
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SOURCE Technisys | https://www.kxii.com/prnewswire/2022/06/03/desty-new-digital-bank-banese-is-powered-by-technisys-support-financial-inclusion/ | 2022-06-03T13:17:05Z |
First STIIIZY Retail in Michigan is Culmination of Year Long Commitment to Community Engagement, Represents 24th Dispensary from Parent Company, Shryne Group
FERNDALE, Mich., Aug. 25, 2022 /PRNewswire/ -- STIIIZY, the #1 cannabis brand nationally (source: BDSA), has opened its latest retail store, and its first in Michigan. Located in Ferndale near the M-1, also known as Woodward Ave, the store brings STIIIZY's industry-leading retail experience, safe access, and world renown STIIIZY products to Michigan.
The opening of the new retail store follows STIIIZY's involvement in communities across Michigan. Last fall, STIIIZY and the Michigan Urban Farming Initiative (MUFI) hosted a "Grow Where You're Planted" event that provided sustainable gardening education to local children at MUFI's urban farm in Detroit. Earlier this year, STIIIZY partnered with the Miracle League, which removes barriers for children with mental and physical disabilities, to play baseball and kickball. STIIIZY also sponsored the 1st Annual "Kicking for a Cause" Charity Kickball Tournament in Orion township, which invited teams to compete both on the field, and in fundraising for a new accessible field in Friendship Park.
"STIIIZY is born from the community and we stay true to our roots. That's why working in Michigan's local communities over the past year has been so meaningful for us," said STIIIZY President Tak Sato. "Opening STIIIZY Ferndale and offering safe access to trusted STIIIZY products to Michigan consumers is a key milestone."
The STIIIZY Ferndale location meets customer demand for exclusive STIIIZY cannabis products and brand merchandise. The 9,866 square feet store brings over 40 new jobs to the area. For Shryne Group, the vertically integrated company behind STIIIZY, these new jobs are a part of its commitment to strengthening the communities it serves.
STIIIZY Ferndale (state license number: AU-R-000587) is located at 642 E 9 Mile Rd #1b Ferndale MI 48220. On Saturday, doors will open at 10 AM, however standard hours of operation are Monday through Sunday, 9:00am-9:00pm. To order from the store online and for the latest brand and retail news, visit Stiiizy.com/retail.
About STIIIZY
STIIIZY is an authentic, innovative, California-based cannabis brand that is committed to having a positive impact on the communities they serve. Founded in 2017 as a pioneering vape company, STIIIZY has evolved into one of the world's most treasured cannabis brands with distinctive and class-defining retail stores and award-winning cannabis products.
For more information, visit https://www.stiiizy.com/.
Media Contact: marisa@qualityproduceusa.com
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SOURCE STIIIZY | https://www.wibw.com/prnewswire/2022/08/25/stiiizy-ferndale-set-open-bringing-nations-1-cannabis-brand-michigan/ | 2022-08-25T16:22:29Z |
How to eat healthy with rising food prices
(CNN) - The rise in food costs is hitting wallets hard at the grocery store.
The latest inflation report shows the cost of groceries has surged by almost 12%. That is the largest year-on-year increase since 1979.
Staples like eggs, fish and meat are seeing the largest jump in prices.
”Right now, it’s safe to say that just eating is getting more expensive, but you’re still able to find some really inexpensive, healthy options,” said registered dietitian Amy Patton.
To cut your grocery bill, Patton says make more meatless meals by using beans and lentils as protein instead.
Because pre-cut fruits and veggies are pricey, Patton also recommends cutting your own vegetables. She also says buying frozen or canned produce can be cheaper, and just as nutritious.
”I’d rather someone who’s eating on a very tight budget go for a canned vegetable and rinse it off versus not getting in a vegetable at all,” Patton said.
Choosing store brands can also help save money. Always stick to your grocery list and never shop when you’re hungry.
Stocking up on healthy staples you can use in multiple meals is also a great money-saving tip.
”Maybe you’re making a big stew or big stir-fry and you’re using a recipe that calls for a cup of celery for example. Maybe you take that celery and you dice it up or slice it and then you have it for snacks with hummus or peanut butter,” Patton said.
Patton also says buying in bulk can help you save money. If your store has bulk bins, bring your own container and scoop out the amount you need.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/23/how-eat-healthy-with-rising-food-prices/ | 2022-06-23T16:20:44Z |
SS&C GlobeOp Hedge Fund Performance Index: June performance 0.00%
Capital Movement Index: July net flows decline -0.12%
WINDSOR, Conn., July 15, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2022 measured 0.00%.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined -0.12% in July.
"SS&C GlobeOp's Capital Movement Index for July 2022 of -0.12% should be viewed as a strong result in light of the seasonality of capital flows, which tend to run negative during the month. On a comparative basis, the -0.12% reflects decreased net outflows versus the -0.39% reported a year ago and is also the lowest level of July net outflows since 2011," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "The current reading for net flows is consistent with other recent data points, indicating investors remain confident hedge funds can generate favorable risk-adjusted returns in the ongoing highly volatile market environment."
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance. On the ninth business day of each month it provides a flash estimate of the gross aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Interim and final values, both gross and net, are provided in each of the two following months, respectively. Online data can be segmented by gross and net performance, and by time periods. The SS&C GlobeOp Hedge Fund Performance Index is transparent, consistent in data processing, and free from selection or survivorship bias. Its inception date is January 1, 2006.
The SS&C GlobeOp Hedge Fund Performance Index offers a unique reflection of the return on capital invested in funds. It does not overstate exposure to, or the contribution of, any single strategy to aggregate hedge fund performance. Since its inception, the correlation of the SS&C GlobeOp Performance Index to many popular equity market indices has been approximately 25% to 30%. This is substantially lower than the equivalent correlation of other widely followed hedge fund performance indices.
The SS&C GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by SS&C GlobeOp on the SS&C GlobeOp platform. This monthly net is divided by the total assets under administration (AuA) for fund administration clients on the SS&C GlobeOp platform.
Cumulatively, the SS&C GlobeOp Capital Movement Index for July 2022 stands at 132.47 points, a decrease of 0.12 points over June 2022. The Index has advanced 1.98 points over the past 12 months. The next publication date is August 11, 2022.
Published on the ninth business day of each month, the SS&C GlobeOp Capital Movement Index presents a timely and accurate view of investments in hedge funds on the SS&C GlobeOp administration platform. Data is based on actual subscriptions and redemptions independently calculated and confirmed from real capital movements, and published only a few business days after they occur. Following the month of its release, the Index may be updated for capital movements that occurred after the fifth business day.
The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp. A unique set of indices by a hedge fund administrator, it offers clients, investors and the overall market a welcome transparency on liquidity, investor sentiment and performance. The Index is based on a significant platform of diverse and representative assets.
The SS&C GlobeOp Hedge Fund Index is available at www.sscglobeopindex.com or through a link on the homepage of www.sscglobeop.com. Alert and RSS subscriber options are available at www.sscglobeop.com. Index Twitter comments: #HFindex.
The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform. Flash estimate, interim and final values are provided, in each of three months respectively, following each business month-end.
While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV). Funds acquired through the acquisition of Citi Alternative Investor Services are integrated into the index suite starting with the January 2017 reporting periods. SS&C GlobeOp's total assets under administration on the SS&C GlobeOp platform represent approximately 10% of the estimated assets currently invested in the hedge fund sector. The investment strategies of the funds in the indices span a representative industry sample. Data for middle and back office clients who are not fund administration clients is not included in the Index, but is included in the Company's results announcement figures.
SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.
Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.
Follow SS&C on Twitter, LinkedIn and Facebook.
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SOURCE GlobeOp SS&C | https://www.mysuncoast.com/prnewswire/2022/07/15/ssampc-globeop-hedge-fund-performance-index-capital-movement-index/ | 2022-07-15T09:46:40Z |
Woman brings home baby fox, mistaking it for kitten
ROCKLIN, Calif. (CNN) - A woman in California recently took in a baby fox that she thought was a needy kitten.
Police say they got a call from a concerned family member. Animal control responded to the call and confirmed it was a baby fox, also known as a kit.
They took it to Gold Country Wildlife Rescue where it can be properly cared for.
Rocklin police posted a photo of the kit on their Facebook page and gave instructions on what to do if you come across orphaned or injured wildlife.
They said to check for wildlife rehabilitation resources on your local humane society’s website. You should also keep the animal in a dark, quiet, mildly warm place away from other animals and children before getting it to a rehab center.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/05/18/woman-brings-home-baby-fox-mistaking-it-kitten/ | 2022-05-18T14:35:18Z |
Tiger is back at Masters, and it already felt like a victory
By DOUG FERGUSON
AP Golf Writer
AUGUSTA, Ga. (AP) — Tiger Woods was back in the Masters some 14 months after a car crash that shattered his right leg. That felt like a victory alone. Never mind that his 71 left him four shots behind Sungjae Im of South Korea. Still to come is another day of 18 holes at Augusta National. The gallery was electric just seeing the five-time Masters champion because there was reason to believe they might not see him again. The scores were higher than usual because of the wind. Cameron Smith was one shot back. Dustin Johnson and Scottie Scheffler were among those at 69. | https://localnews8.com/sports/ap-national-sports/2022/04/07/tiger-is-back-at-masters-and-it-already-felt-like-a-victory/ | 2022-04-08T05:32:57Z |
Which Harry Potter games are best?
There’s undoubtedly a palpable camaraderie between two Harry Potter fans when they meet for the first time. Even today, it’s abundantly clear that the undying love fans have for Harry Potter hasn’t waned in recent years. Whether you’re a hardcore fanatic yourself or know a fellow Potterhead, there are plenty of ways that you can enjoy the Harry Potter universe beyond the books and movies.
In our muggle-based world, you’ll find a variety of Harry Potter themed games available from various retailers and specialty shops today. Regardless of which Potterverse game you choose to play, each one will allow players to relive their favorite moments from the books and films, while other games will immerse players in a virtual game of quidditch or scavenger hunt.
What to consider before buying a Harry Potter game
Puzzles
Jigsaw puzzles are known to be a great way to relax and relieve stress, making it easier for you to focus on tasks better. So why not expand your knowledge on the magical world of Harry Potter while having a bit of fun exercising your brain? Relive the wondrous magic of Hogwarts and Wizardry for the first time all over again as you piece together each one. Some puzzles can be built into a 3D design, whereas others can be assembled into an illustrative 2D image once completed.
Video games
Different video games will feature a variety of gameplay types that vary from free-roaming exploration and interchangeable perspectives like third and first person. Depending on which gaming system you’re playing on, different commands and cheat codes will work differently. RPG game experiences will greatly vary from action-level-based games. Mini-games are also another way for fans to walk through some of their favorite canonical moments that may have not been explicitly featured in the film and book respectively.
Board games
You’re bound to find a new addition to your family game night lineup when you take a look at the available Harry Potter themed board games. Players can easily explore the wizarding world through customized sets based on different iterations of childhood classics like Scrabble, Clue, Trivial Pursuit and Monopoly. Other themed board games will follow a structured narrative that players they can play along with as they collect clues.
Card games
Many Harry Potter themed playing cards will allow you to play as Harry Potter, Hermione Granger, Ron Weasley and Neville Longbottom as they defend Hogwarts against the wizarding world’s biggest villains. Based on game rules, dice rolls and number of players during a given round and tokens your game playing experience can vary from easy to difficult.
Playsets
Enchant any Harry Potter fan when you give them a magically fun building set that any series’ lover can use to recreate their favorite scene featuring their favorite characters. Different set backdrops can be switched out to change the location of the adorable mini figurines. Regardless of age, playsets are suitable for young witches and wizards of every kind that want to enjoy new Harry Potter adventures.
Kits
Fans of all ages can recreate and cast their very own spells and build custom wands with unique electronic kits that are programmable. Other kits come with different wizarding artifacts that can be combined together to create real-life potions, in-universe recipes and detailed special edition 3D models.
The best Harry Potter games
Top trivia game
Hasbro Gaming Trivial Pursuit: Wizarding World Harry Potter Edition
Based on plenty of your favorite Harry Potter moments, players can test their knowledge on the wizarding world by answering over 600 questions in this compact and portable card game. No board is required to play. Its wedge-shaped case is easy to carry around and allows players to play anywhere and explore topics that range from the dark arts, Hogwarts, spells and potions, magical tokens, wizardry, the muggle world and so much more.
Sold by Amazon
Top strategy game
Pressman Harry Potter Magical Beasts Game
Explore the secret rooms and corridors of Hogwarts castle as you compete with other players and collect clues that help find magical creatures. This unique swinging board game allows you to explore the wizard school inside and out, as you capture a variety of magical beasts, while users apply strategy and deductive reasoning to best other players. Be careful because as opponents move throughout Hogwarts grounds, they can find themselves in treacherous areas that may cost players their clues and precious time.
Sold by Amazon
Top guessing game
Paladone Harry Potter Who Is It Guessing Game
For diehard fans looking for a unique game item that’s guaranteed to excite anyone who is a lover of pop culture and Harry Potter, this is the perfect themed gift to give to Potterheads of all ages. Opponents will ask a series of yes and no questions that hint at which Harry Potter character each player has chosen from a list of over seventy-two characters. Cards need to be flipped in front of each player face down and discover different characters as the game progresses.
Sold by Amazon
Top board game
Ravensburger Harry Potter Labyrinth Family Board Game
Play with the whole family with this fun and challenging board game that features 34 maze cards, 24 treasure cards, four playing pieces and game instructions. Play in rounds of 20-30 minutes as each competitor attempts to find the shortest route to the end of the labyrinth. Find hidden characters like Harry, Ron, Hermione, Professor Dumbledore, Hagrid and Harry’s owl Hedwig along the way.
Sold by Amazon
Top Quidditch-themed game
Harry Potter Catch The Golden Snitch: A Quidditch Board Game
Whether you fancy yourself as a witch, wizard or muggle, learn to watch out for flying bludgers and capture the golden snitch in this fast-paced Quidditch-themed board game. Players will be caught by the element of surprise each time the golden snitch hits the board and everyone has to scramble to strategize how to catch it. A pair of chaser cards lets each player steal another one’s card set, but if players understand the art of Quaffle beforehand, they can play another round.
Sold by Amazon
Top word game
CODENAMES: Harry Potter Board Game
Become a member of the Order of the Phoenix as you navigate picture clues and word puzzles with Death Eaters right behind you. Friends and family can all try to locate secret agents that are concealed within different grids that can only be opened by use of Harry Potter references. One-word clues will help guide guessers through 200 code cards, 100 double-sided key cards, 16 Order of the Phoenix cards, one Death Eater cover card and 11 time-turner tokens as they try to navigate their way through the wizarding world.
Sold by Amazon
Top chess-themed game
Bring your love of Harry Potter straight to your living room with this whimsical chess set. Made from 100% plastic, each piece is crafted in painstaking detail to resemble the exact miniature recreations of the Wizard Chess Set featured in “Harry Potter and the Sorcerer’s Stone.” The board measures 18.5 x 18.5 inches and includes 32 chess pieces with two drawstring pouches.
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Best LEGO game
LEGO Harry Potter Hogwarts Chamber of Secrets Building Kit
Improve your puzzle solving abilities and challenge yourself when you sift through the 1,176-piece LEGO playset that will enchant any fan of the film or books. Ten different minifigures based on the likeness of your favorite characters such as Harry Potter, Ginny Weasley, Tom Riddle, Colin Creevey, Luna Lovegood, Albus Dumbledore and Nearly Headless Nick can all be assembled with a bit of creativity and determination by fans of any age. Different feature packed rooms can also be assembled and added to other sets for some extra fun during playtime.
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Top quiz game
Ultimate Harry Potter Movie Quiz
Amaze all of your friends and family with your knowledge of each Harry Potter film and its trivia. Choose from the houses of Slytherin, Hufflepuff, Gryffindor and Ravenclaw and determine your gameplay destiny from the beginning before answering franchise-themed questions. Players can collect cards from each movie after every right answer until they successfully win all eight.
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Top multiplayer game
Harry Potter Hogwarts Battle Defence Against The Dark Arts
Considered to be one of the top gifts you can get a Harry Potter fan no matter how small or big their love for the franchise is. Players can step into the Defence Against the Dark Arts classroom and draft cards, while building the ultimate strategy fit for taking down any friend or foe. This game set contains: one practice mat, four House cards, eight House movers, 24 starting cards, 21 Hex cards, 129 Hogwarts cards and five Stun tokens.
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/board-games-br/best-harry-potter-game/ | 2022-07-29T17:50:36Z |
Big growth and new senior hire for leading Canadian content producer
TORONTO, Sept. 8, 2022 /PRNewswire/ - Award-winning digital studio Relish Interactive has reorganized its divisions and today announces a new name — Relish Studios.
The name change reflects the studio's ongoing evolution into a multiplatform production company and content creator. The company is now divided into three divisions — Digital, Games, and Animation.
"At Relish, we're focused on creating characters and experiences that educate and entertain," says Paul Pattison, Founder and CEO of Relish Studios. "Be it apps, games, animated shorts, or full-length features, what's most important is that audiences connect with a great story and have fun along the way."
"Over the years, we've helped clients solve problems in many different ways; it has led us into digital, games, and animation. We've been doing so much more than just interactive the last few years — now the new name will reflect that."
Relish Studios will continue to be led by founders Paul Pattison and Sacha Raposo. Veteran producer Luke Carroll, who started last year as SVP Animation, continues to lead the growing animation division. Joining the leadership team as VP Digital + Games is well-known EdTech entrepreneur and digital transformer, Carrie Purcell.
"I know Relish because of their highly innovative work," notes Purcell, "but I joined because of the people. This is one of the most talented, smart, and creative groups I've had the pleasure to work with and I can't wait to bring my background in XR and blockchain to immersive and interactive projects together."
Relish has been experiencing consistent growth across all its divisions, with revenues increasing an average of ~40% annually for the last four years. Pattison attributes the steady growth to building trust and long-term partnerships with clients such as 9 Story Media Group, PBS Kids, Publishers Clearing House, Salesforce, Mattel, Nickelodeon, Loblaws, and Sesame Workshop.
To learn more about all things Relish Studios, check out reli.sh.
Founded in 2007, Relish Studios is an award-winning Canadian multidisciplinary studio known for the Apple App Store hit Weirdwood Manor. The Weirdwood Universe has grown to include a hit book series, a board game, and an upcoming animated feature. Mixing storytelling and animation with technical magic, Relish creates immersive experiences for any platform. From apps and games to film and TV, we combine strategy, storytelling, and play to create products and content that matter.
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SOURCE Relish Studios Inc. | https://www.mysuncoast.com/prnewswire/2022/09/08/relish-interactive-is-now-relish-studios/ | 2022-09-08T15:23:06Z |
NEW YORK, June 20, 2022 /PRNewswire/ -- Attention Dentsply Sirona Inc. ("Dentsply") (NASDAQ: XRAY) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons or entities that purchased Dentsply's common stock between June 9, 2021, and May 9, 2022.
If you suffered a loss on your investment in Dentsply, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/dentsply-sirona-inc-loss-submission-form-2?prid=28747&wire=4
ABOUT THE ACTION: According to the filed complaint, defendants orchestrated a scheme to inflate Dentsply's revenue and earnings by manipulating the Company's accounting for a distributor rebate program so that senior executives would be eligible for significant cash and stock-based incentive compensation. In order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors during the class period. As a result of defendants' misrepresentations, Dentsply's common stock traded at artificially inflated prices during the class period.
DEADLINE: August 1, 2022
Aggrieved Dentsply investors only have until August 1, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/06/20/class-action-alert-law-offices-vincent-wong-remind-dentsply-investors-lead-plaintiff-deadline-august-1-2022/ | 2022-06-20T10:01:33Z |
HOUSTON, Aug. 5, 2022 /PRNewswire/ -- Stellus Private Credit BDC ("Stellus PBDC" or "the Company") today announced financial results for its second fiscal quarter ended June 30, 2022.
Robert T. Ladd, Chief Executive Officer of Stellus Private Credit BDC, stated, "We are pleased to report strong results for our second full quarter of operations. During the quarter we made seven new investments totaling $41 million, bringing the total portfolio to $79 million at fair value. We have continued to stay active since quarter end, growing the portfolio to $99 million over 18 investments today. On August 4, 2022, we declared our first quarterly dividend of $0.21 per share representing an annualized dividend yield of 5.7% based on net asset value at the beginning of the period. We expect our dividend to grow as we continue to build out the portfolio."
Results of Operations
Investment income for the three months ended June 30, 2022 totaled $1.3 million, most of which was interest income from portfolio investments.
Operating expenses for the three months ended June 30, 2022 totaled $0.6 million, net of $0.4 million in expenses reimbursed and fees waived by the Company's advisor, Stellus Private BDC Advisor, LLC. For the same period, base management fees totaled $0.3 million (which were waived by the Company's advisor), income incentive fees totaled $0.1 million, fees and expenses related to our borrowings totaled $0.3 million (including interest and amortization of deferred financing costs), administrative expenses totaled less than $0.1 million, and other expenses totaled $0.3 million.
Net investment income was $0.7 million, or $0.23 per common share of beneficial interest based on weighted average common shares of beneficial interest outstanding for the three months ended June 30, 2022 of 3,092,695.
The Company's investment portfolio had a net change in unrealized depreciation for the three months ended June 30, 2022 of $0.1 million.
Net increase in net assets resulting from operations totaled $0.6 million or $0.20 per common share of beneficial interest, based on weighted average common shares of beneficial interest outstanding for the three months ended June 30, 2022 of 3,092,695.
Liquidity and Capital Resources
As of June 30, 2022, our amended and restated senior secured revolving credit agreement with Signature Bank (as amended from time to time, the "Credit Facility") provided for borrowings in an aggregate amount of up to $100.0 million on a committed basis. As of June 30, 2022 and December 31, 2021, we had $46.5 million and $0 million in outstanding borrowings under the Credit Facility, respectively.
Recent Portfolio Activity
On April 1, 2022, we invested $5.0 million in the first lien term loan and committed $1.2 million in the revolver of International Designs Group LLC, a regional distributor, seller, and custom fabricator of high-end ceramic and stone tile products and accessories. Additionally, we invested $0.2 million in the equity of the company.
On April 1, 2022, we invested $6.0 million in the first lien term loan and committed $1.0 million in the revolver of Tilley Chemical Company, Inc., a distributor of specialty chemicals, oils, and lubricants into the food & beverage, lubricants, flavor and fragrances, personal care, and other chemicals end-markets.
On April 4, 2022, we invested $5.0 million in the first lien term loan and committed $0.9 million in the revolver of Microbe Formulas LLC, a provider of dietary supplements and other natural solutions for detox and gut health.
On April 29, 2022, we invested $1.3 million in the first lien term loan and committed $1.9 million in the revolver and $1.0 million in the delayed draw term loan of Florachem Holdings, LLC, a distiller and supplier of natural citrus, pine, and specialty inputs. Additionally, we invested $0.2 million in the equity of the company.
On May 17, 2022, we invested $8.9 million in the first lien term loan and committed $1.6 million in the revolver of AIP ATCO Buyer, LLC, a provider of quality assurance services for automotive OEMs and suppliers.
On May 24, 2022, we invested $6.1 million in the first lien term loan and committed €1.3 million in the revolver and €3.6 million in the delayed draw term loan of Monitorus Holding, LLC, a provider of media monitoring and evaluation services.
On June 6, 2022, we invested $6.2 million in the first lien term loan and committed $0.7 million in the revolver of Lightning Intermediate II, LLC, a vitamins, minerals, and supplements brand. Additionally, we invested $0.2 million in the equity of the company.
On June 24, 2022, we invested an additional $0.5 million in the first lien term loan of BDS Solutions Intermediateco, LLC, an existing portfolio company.
Events Subsequent to June 30, 2022
On July 1, 2022, we invested $7.5 million in the first lien term loan and committed $1.5 million in the revolver of Heat Makes Sense Shared Services, LLC, a branded haircare platform. Additionally, we invested $0.4 million in the equity of the company.
On July 5, 2022, we invested $6.2 million in the first lien term loan of Baker Manufacturing Company, LLC, a manufacturer of water well equipment, specialized filtration pumps, and custom castings. Additionally, we invested $0.3 million in the equity of the company.
On July 12, 2022, we fully funded $3.6 million in the delayed draw term loan of Monitorus Holding, LLC, an existing portfolio company.
On July 15, 2022, we received full repayment on the first lien term loan of International Designs Group, LLC for total proceeds of $5.3 million.
On July 29, 2022, we invested $3.6 million in the first lien term loan and committed $1.3 million in the revolver and $3.9 million in the delayed draw term loan of a provider of product testing and consumer insights. Additionally, we invested $0.3 million in the equity of the company.
On August 2, 2022, we partially funded $2.4 million in the delayed draw term loan and an additional $0.1 million in the equity of Inoapps Bidco, LLC, an existing portfolio company.
Credit Facility
The outstanding balance under the Credit Facility as of August 5, 2022 was $44.4 million.
Distributions Declared
On August 4, 2022, our board of trustees declared a regular distribution for the second quarter of 2022 of $0.21 per share, payable to shareholders of record as of August 11, 2022 which will be paid on August 15, 2022.
About Stellus Private Credit BDC
The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien (including unitranche) loans and second lien loans, with corresponding equity co-investments. The Company's investment activities are managed by its investment adviser, Stellus Private BDC Advisor, LLC.
Forward-Looking Statements
Statements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release, including statements about COVID-19 and its impacts, may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus that will be filed with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contacts
Stellus Private Credit BDC
W. Todd Huskinson, Chief Financial Officer
(713) 292-5414
thuskinson@stelluscapital.com
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SOURCE Stellus Private Credit BDC | https://www.mysuncoast.com/prnewswire/2022/08/05/stellus-private-credit-bdc-reports-results-its-second-fiscal-quarter-ended-june-30-2022/ | 2022-08-05T12:16:46Z |
Editor's Note: The following is the third in an ongoing series of articles looking into the proposed 13.6-mile Albany-to-Sasser recreation trail that is the subject of a $7 million breach-of-contract lawsuit filed by South Georgia Rails to Trails against the city of Albany.
LEESBURG -- To this point, involvement of Lee County officials in the South Georgia Rails to Trails vs. city of Albany lawsuit has been this: The city, represented by Commissioner Chad Warbington, offered to give the 6-plus miles of the 13.6-mile rail bed the city had purchased to Lee County to develop as part of the proposed trail. Lee County agreed and planned to use its Public Works crews to complete some of the work on the trail.
SGRT, in the person of Dougherty County Attorney Spencer Lee, said, "No way." In fact, the refusal came with a threat aimed at Lee officials: "If you do anything on the trail property not approved by SGRT, a lawsuit will follow."
To which Lee officials responded: "We'll see ya later."
"Actually, a lot of our interest in the trail property was that we were having trouble getting access to build roads," Lee County Commission Chairman Billy Mathis said Friday. "The city of Albany graciously offered to give us the part of the property in Lee County to develop, but the (SGRT) folks wouldn't go along with it. I don't know all of the details, but Spencer made it clear that they were the managers of the trail.
"They threatened litigation, so we said, 'We'll let you guys figure it out.' We had no interest in getting involved in litigation."
Mathis said when talk of building the part of the Dougherty County trail system that stretches from downtown Albany, through Lee County into Sasser was initially broached, Lee County property owners along the rail bed were opposed to a recreational trail. That property has changed ownership, and the new owners actually are in favor of completing the trail.
"There's no question that this would be a good quality-of-life thing to have in Lee County," Mathis said. "But the question that's arisen is who's going to pay for it. We offered to build out the part of the trail that runs through Lee County on our terms and our schedule, but Spencer said no.
"When chatter grew about putting in a dirt or rock trail with no bathrooms -- which our folks would not want -- we drew up an ordinance with certain restrictions so that there would be certain requirements."
That ordinance, some say, could potentially keep the trail from moving forward.
"Look, this new Albany Commission (five of the current commission's members were not on the board when the trail agreement was reached) has worked well with us," Mathis said. "We put an ordinance in place to protect our interests, but we're willing to be flexible. Like the members of the Albany Commission, we truly want to see this get resolved."
Mathis notes that it was Lee County officials who told the city of Albany about the possibility of using American Rescue Plan RAISE grant funds to help finance the trail.
"I can tell you, our folks in Lee County are ready and willing to work with all the groups involved in getting this trail project moving," the Lee Commission Chairman said. "But we have no interest in getting involved in any type of litigation. Until the city of Albany and South Georgia Rails to Trails folks get that worked out, we're spectators. That's a wise place for us to be." | https://www.albanyherald.com/local/lee-county-officials-will-remain-trail-spectators-until-litigation-solved/article_f4380b9a-e9a5-11ec-948c-bb72afaf16f5.html | 2022-06-11T20:08:25Z |
First Baptist Atlanta will be the site of this year's Pray Vote Stand Summit
WASHINGTON, Sept. 9, 2022 /PRNewswire/ -- Family Research Council and FRC Action today announced the second annual Pray Vote Stand Summit, which replaced FRC Action's previous flagship event since 2006, the Values Voter Summit. The Pray Vote Stand Summit builds on the foundation laid by the Values Voter Summit, addressing issues such as protecting the unborn, the importance of the nuclear family, domestic and international religious freedom, the growing indoctrination in our nation's schools, and much more.
The summit will be held at First Baptist Atlanta in Atlanta, GA from September 14-16, 2022. This year's theme is Pray Vote Stand for Life, building on the U.S. Supreme Court's historic decision in Dobbs v. Jackson Women's Health Organization which overturned Roe v. Wade, the Court's 49-year-old decision which legalized abortion through all nine months of pregnancy.
Family Research Council and FRC Action President Tony Perkins commented:
"Pray. Vote. Stand. These three verbs serve as both points of action and reflection for Christians in our time. These words took on new meaning after the U.S. Supreme Court overturned Roe v. Wade. Christians around the country tirelessly prayed, voted, and stood for life for 49 long years. For decades, the pro-life movement has worked tirelessly to see the unjust Roe decision overturned, and this year our collective hope was realized when the Court returned the issue of protecting unborn children to the American people. However, the Court's decision is only the beginning. We must press on and pray for the day when every life in America is protected.
"This Pray Vote Stand Summit will be focused on equipping and encouraging Christians to live out their faith with boldness and courage in such a way that it impacts every aspect of our society."
WHAT: 2nd annual Pray Vote Stand Summit
WHEN: September 14-16th 2022
WHO: Confirmed speakers include:
Dr. George Barna, Senior Research Fellow for the Center for Biblical Worldview, FRC
David Barton, Founder, WallBuilders
Lt. Gen. (Ret.) Jerry Boykin, Executive Vice President, Family Research Council
Sam Brownback, former Ambassador-at-Large for International Religious Freedom
Andrew Brunson, Special Advisor for Religious Freedom, FRC
Dr. Ben Carson, former U.S. Secretary of Housing and Urban Development
Carter Conlon, General Overseer, Times Square Church
Mike Huckabee, former Governor of Arkansas
Jentezen Franklin, Senior Pastor, Free Chapel
Brian Kemp, Governor of Georgia
James Lankford, U.S. Senator, Oklahoma
David Limbaugh, Best-selling Author; Syndicated Columnist
Anne Graham Lotz, Founder and President, AnGeL Ministries
Dr. Albert Mohler, President, The Southern Baptist Theological Seminary
Melissa Ohden, Founder, Abortion Survivor's Network
Tony Perkins, President, Family Research Council and FRC Action
Kevin Stitt, Governor of Oklahoma
Allie Beth Stuckey, Host, BlazeTV's "Relatable"
More confirmed speakers at prayvotestand.org/speakers
WHERE: In-person at First Baptist Atlanta (4400 N Peachtree Rd, Atlanta, GA) and online at prayvotestand.org/summit.
To obtain media credentials for this event, please email media@frc.org.
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SOURCE Family Research Council | https://www.wibw.com/prnewswire/2022/09/09/family-research-council-frc-action-announce-second-annual-pray-vote-stand-summit/ | 2022-09-09T17:36:52Z |
6 months in, Biden’s infrastructure plan has 4,300 projects
WASHINGTON (AP) — Six months after the signing of President Joe Biden’s $1 trillion infrastructure package, the government said Monday there are 4,300 projects underway with more than $110 billion in funding announced — milestones the administration is publicly heralding as midterm politics intensify.
White House senior adviser Mitch Landrieu, the former mayor of New Orleans, said the roads, bridges and other projects are laying “a foundation for tremendous growth into the future.” Landrieu said Biden and members of his administration have made more than 125 trips to highlight the bipartisan investments in infrastructure. He declined to predict how much the storytelling will resonate with voters as construction starts.
“I think that if Americans step back, we will all have to admit that for the last 50 years we’ve had the need to do this and we haven’t found the will or the way to get it done,” Landrieu told reporters. He added that this is a “wonderful down payment” on infrastructure needs in the country that total roughly $7 trillion.
The administration made a strategic calculation that delivering results would help Democrats retain control of the House and the Senate in this year’s elections. Infrastructure was a rare source of bipartisan unity as Biden struck a deal that attracted several Republican senators. The law contains money to expand internet access and replace lead water pipes and for rail and public transit projects and investments to address climate change.
When Biden signed the law on Nov. 15, he pledged to voters that “America is moving again and your life is going to change for the better.”
Six months later, the stock market is down, inflation is near a 40-year peak, Russia’s war in Ukraine is pushing up energy costs and many Americans feel pessimistic about the economy’s health. There is an open question whether voters will reward infrastructure projects in which the benefits are years away as part of what Biden has portrayed as an “infrastructure decade.”
“All we can do is tell the story about what we do, and the impact that it has on the midterms will be whatever it’s going to be,” Landrieu said.
Of the $110 billion announced so far, $52.5 billion is for federal highway funding this fiscal year and $20.5 billion for public transit. There is another $27 billion over five years for bridges, as well as money for safety, rural highways, airports, ports, drought resilience and other programs.
The infrastructure spending is also one area where political leaders will have to share credit with each other. Governors and mayors are responsible for 90% of the expenditures in the law, while the federal government accounts for 10% of the spending. The administration has actively tried to help state and local governments compete for the money, with Landrieu noting that even Republican critics are generally eager to receive the funding.
“Some really smart person said, you know, even those people that voted no want the dough,” he said. “This is as close to consensus in my political life that I have seen.”
The Commerce Department last week called on states to begin the process of submitting their plans for universal access to high-speed internet. Biden has also taken steps to maximize the likelihood that construction materials are made domestically, as the money has started to go out.
Landrieu said the two biggest challenges of coordinating the spending have involved offering technical assistance to smaller governments and enabling workforce development to fill the jobs being created. There are 7.6 million construction jobs in the U.S., with employers advertising about 400,000 openings in the sector.
Landrieu said that those challenges are also “an unbelievable opportunity to get right something that we actually haven’t been collectively very good at in the country.”
If the government succeeds with coordination and future administrations follow suit, Landrieu said, “America is going to grow exponentially faster and winning the 21st century is not going to be a challenge for us.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/16/6-months-bidens-infrastructure-plan-has-4300-projects/ | 2022-05-16T12:43:29Z |
Madison Cawthorn cited for loaded handgun found at TSA checkpoint
By Dianne Gallagher, CNN
Republican Rep. Madison Cawthorn of North Carolina was cited for bringing a loaded handgun through a Transportation Security Administration checkpoint at the Charlotte Douglas International Airport, authorities said.
The loaded Staccato C2 9 mm handgun was discovered at Checkpoint D shortly before 9 a.m. ET Tuesday, according to the TSA.
“Mr. Cawthorn stated that the firearm was his and he was cooperative with the CMPD officers,” according to a statement by the Charlotte-Mecklenburg Police Department.
Cawthorn has not responded to a request for comment from CNN.
“Mr. Cawthorn was issued a citation for Possession of a Dangerous Weapon on City Property, which is a City of Charlotte Ordinance. Mr. Cawthorn was released, and the CMPD took possession of the firearm, which is normal procedure,” the statement said.
“It is standard procedure for the CMPD Airport Division to cite in lieu of arrest for the misdemeanor charge of Possession of a Dangerous Weapon on City Property unless there are other associated felony charges or extenuating circumstances.”
A person can be fined up to $13,000 for a repeat offense, according to the TSA.
This is the second time in just over a year that airport authorities have stopped Cawthorn with a gun. In February 2021, agents at the Asheville Regional Airport found an unloaded gun and a loaded magazine in Cawthorn’s carry-on bag, according to reporting from the Asheville Citizen-Times. Cawthorn’s weapon was “secured at the airport and he retrieved it after his flight,” the newspaper reported, citing the airport spokesperson. In July, when the story was published, a Cawthorn spokesperson told the Citizen-Times that the congressman had brought the gun “by mistake.” He was not charged in the incident.
Cawthorn is due to appear next month on misdemeanor charges of driving with a revoked license.
He has made a name for himself as a highly polarizing lawmaker during his relatively short tenure so far in Congress. In recent months, he has been at the center of multiple controversies that have sparked criticism from Republicans as well as Democrats.
In one notable incident, Cawthorn faced condemnation from members of his own party for calling Ukrainian President Volodymyr Zelensky a “thug” and the Ukrainian government “incredibly evil,” comments that came in the early days of Russia’s brutal invasion of Ukraine and against a backdrop in Congress of broad bipartisan support for Ukraine.
Cawthorn also recently faced significant backlash from Republicans after claiming that people in Washington had invited him to participate in orgies and used cocaine in front of him. The controversies have led to high-profile rebukes from fellow Republicans.
House Republican leader Kevin McCarthy said the GOP lawmaker had lost his trust and would have to earn it back. In a significant move, GOP Sen. Thom Tillis of North Carolina has thrown his weight behind a primary opponent to Cawthorn.
Republicans are optimistic they will be able to retake the House majority in the upcoming midterm elections and are attempting to keep their message to the American people focused on criticism of President Joe Biden and the Democratic Party’s agenda. Many in the party see Cawthorn’s record of controversial actions as a major distraction that reflects poorly on the rest of the party at a critical time.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Gregory Wallace, Devon M. Sayers and Clare Foran contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/04/26/madison-cawthorn-cited-for-loaded-handgun-found-at-tsa-checkpoint/ | 2022-04-27T00:47:51Z |
SAS' partner ecosystem uncovers powerful solutions that create value for customers
CARY, N.C., July 26, 2022 /PRNewswire/ -- In today's increasingly connected world, successful business is dependent on creative, nimble and resilient partner networks. Analytics leader SAS' integrated partner ecosystem empowers customer success through sustained innovation in emerging technologies across industries, zeroing in on modernization opportunities in the cloud to jointly deliver results with confidence.
"As we embark on our journey toward IPO-readiness, our innovative partner relationships are critical as we scale our business, uncover new solutions and drive value for our customers," said Gavin Day, SAS Senior Vice President of Corporate Programs. "SAS is the founder and future of analytics, and that future is made possible with our partners."
SAS is proud to recognize its 2022 Global Partner Awards recipients.
Global Partner of the Year: Deloitte
SAS awarded its annual Global Partner of the Year award to platinum-level partner Deloitte. Together, SAS and Deloitte deliver modernized analytic capabilities, processes and operating models to enable powerful insights, timely decisions and sustained business value. Over the last year, Deloitte and SAS aligned strategically to create Regulatory Assist™ for IFRS 17, a fast-track solution for insurers looking to tackle the unprecedented industry shakeup through a cloud-ready, end-to-end managed service for compliance. The partnership also excelled in risk and fraud solution delivery, and SAS® Viya® and cloud modernization assets supporting new customers across the financial services and public sectors in key global markets.
Technology Partner of the Year: Intel
Longstanding SAS partner Intel received the SAS Technology Partner of the Year award for continued cross-organization integration to maximize SAS performance on Intel architectures. With SAS Viya – SAS' cloud-native AI, analytic and data management platform – optimized across a wide variety of Intel products and categories, customers have accelerated access to high-performing, scalable analytics platforms. SAS and Intel translate ideas into impact with advanced analytics and computing power to bring bold insights and technology solutions to customers.
Cloud Partner of the Year: Microsoft
SAS' strategic partner Microsoft is the winner of this year's Cloud Partner of the Year award. Through an extensive technology and go-to-market partnership with substantial investments in joint selling and marketing, the pair builds on SAS integrations across Microsoft cloud solutions to further democratize AI and analytics and provide a more seamless path to the cloud. Together, SAS and Microsoft enable customers to address their most complex analytics challenges, accelerate their digital transformation journeys and unlock critical value with ease. A new commissioned Total Economic Impact™ study conducted by Forrester Consulting found that organizations deploying SAS Viya on Microsoft Azure can see benefits including a 204% return on investment over three years.
Regional Partners of the Year
- Asia Pacific: Deloitte
- EMEA: Accord Business Group
- Latin America: Vert Soluções EM TI
- North America: Pinnacle Solutions
SAS partners hold nearly 11,000 sales and technical credentials in both core and emerging SAS technologies. This awards program recognizes partners' investments in SAS and the community it creates to meet our customers' needs, innovate in new ways and bring SAS software to life. Learn more about the SAS Partner Program requirements and benefits.
About SAS
SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.
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SOURCE SAS | https://www.mysuncoast.com/prnewswire/2022/07/26/sas-recognizes-global-partners-driving-innovation-cloud/ | 2022-07-26T13:27:57Z |
Recognizing Fraud Scams Can Help Disaster Survivors Recover
DES PLAINES, Ill., May 17, 2022 /PRNewswire/ -- According to the National Insurance Crime Bureau (NICB), property and casualty insurers paid $4.6 billion to $9.2 billion extra in disaster claims due to insurance fraud in 2021, a cost policyholders bear through their insurance premiums. During NICB's second annual Contractor Fraud Awareness Week May 23 – 27, NICB will educate on how to identify and avoid unscrupulous contractors.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8991752-nicb-insurance-fraud-adds-billions-to-insurer-payouts-after-disasters/
"Disasters can bring out the best in people as they rush to help those in need. Unfortunately, disasters can also attract predatory contractors looking to defraud and deceive disaster victims," said David Glawe, president and CEO of the NICB. "After most disasters, these shameful contractors use well-rehearsed, predatory practices to exploit stressed disaster victims when they are most vulnerable. As a result, survivors pay these bad actors who do little or no work ."
The NICB estimates disaster fraud adds 5-to-10 percent to the total claims paid following a disaster. Similarly, the Federal Bureau of Investigation found that of the $80 billion in government funding for reconstruction following Hurricane Katrina, insurance fraud may have accounted for $6 billion or about 7.5%.
The cost of fraud is contributing to increasing insurance costs nationwide. In Florida, for example, contractor fraud is one element contributing to increasing premiums, insurer insolvency, and consumers scrambling under deadlines to find an insurer to meet mortgage lender requirements. In some instances, homeowners in Florida are signing with non-admitted insurers.
One method to help reduce insurance fraud is through consumer awareness. Consumers and contractors following disasters are inextricably linked. Armed with the understanding of the claims process and contractor hiring, consumers will be able to identify potential fraud, and, in the process, protect themselves and their wallet.
"NICB agents, along with our law enforcement and insurance partners, are on the ground immediately following disasters looking for fraudulent contractors," added Glawe. "However, we need disaster victims and the general public's assistance in identifying these unscrupulous players."
Deceitful contractors – or those passing themselves off as contractors – will try to take advantage of disaster victims. To avoid falling for these practiced schemes, the NICB encourages disaster victims to contact their insurer, law enforcement or NICB investigators should they experience the following:
- A contractor that approaches you offering unsolicited services.
- The contractor states they are approved by FEMA or other government agencies.
- A contractor offers advice on how to interpret insurance policies.
- A contractor requires you to pay upfront to do the job or "get you on the schedule faster."
- A contractor that will not provide you with their state and local business licenses, physical business address and telephone numbers, and references.
NICB created Contractor Fraud Awareness Week in 2021 to highlight the growing problem of contractors and vendors that take advantage of disaster victims in the aftermath of catastrophes.
For more information on avoiding contractor fraud or to become a partner of NICB's second annual Contractor Fraud Awareness Week, visit www.nicb.org.
REPORT FRAUD: Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800.TEL.NICB (800.835.6422)or submitting a form on our website.
ABOUT THE NATIONAL INSURANCE CRIME BUREAU: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $530 billion in insurance premiums in 2020, or more than 82% of the nation's property-casualty insurance. That includes more than 95% ($236 billion) of the nation's personal auto insurance. To learn more, visit www.nicb.org.
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SOURCE National Insurance Crime Bureau (NICB) | https://www.wibw.com/prnewswire/2022/05/17/nicb-insurance-fraud-adds-billions-dollars-insurer-payouts-after-disasters/ | 2022-05-17T12:07:43Z |
GREER, S.C. (WSPA) – What happened to Duncan Alexander “Alex” Burrell Gordon, the South Carolina man who allegedly fell into a shredder at a recycling plant?
Alex Burrell Gordon, 20, of Greer, is now presumed dead after microscopic pieces of skin, fat and bones found stuck in the recycling shredder’s conveyor belt were connected to his DNA. But not officially. His remains had been first identified by a blood test as “not human,” and so the shredder continued to run, destroying additional evidence, and perhaps, the family’s chance at closure.
Nexstar’s WSPA gathered information about his disappearance by interviewing family, lawyers and law enforcement agencies. This is what they found.
The disappearance
May 4, 2022, started as a typical day for the Gordon family. Michael Gordon and his son Alex Burrell Gordon were sharing a meal near midnight on the night shift at Industrial Recovery and Recycling in Greer, South Carolina.
They both ate a Wendy’s hamburger meal, and then father and son went separate ways.
For Alex Burrell Gordon, it appears to have been his last meal.
His father left to check out the vacuum system for the extruder, which heats and shapes plastic. It had suddenly clogged up, preventing the machine from running properly. Meanwhile, his 20-year-old son, Alex Burrell Gordon had allegedly returned to the shredder at the recycling plant.
An hour later, Michael Gordon finished the repairs and returned to the shredder.
His son, however, was nowhere to be found. Maybe he went somewhere to take a break? Perhaps he was taking a nap somewhere? Michael Gordon couldn’t be sure where he had gone, but he wasn’t there.
Then another problem arose. Something was slowing down the flow of material on a conveyor belt going to an extruder.
Michael Gordon continued looking for his son, while other workers emptied the silos feeding the conveyor and put the contents in a box to sort through later.
Workers, however, noticed something strange on the conveyor belt.
When he returned and saw the strange material, Michael turned off the shredder and went to look inside the machine itself to see if Alex Burrell Gordon had fallen inside, but no trace of human remains was found.
They looked at the handful of material again.
“It looks like a cat,” one employee recalled someone saying at the time.
In the past, animals like possums, cats, rats and snakes had occasionally made a home in the recycling material. They would sometimes get run through the shredder by accident, resulting in something that looked like the strange material they were looking at then.
Without more evidence, the shredder was turned back on.
“If he fell into the machine, there would be blood everywhere,” an employee said he overheard a plant manager say later.
Where did the blood go? No one reported seeing any blood, but some have speculated that the heat generated by the shredder may have caused it to evaporate. It’s not clear what a shredder would do to a human body.
Michael Gordon filed a missing person’s report on May 5 and told sheriff’s deputies about the box with the strange contents that came off the conveyor belt, but when deputies arrived, they were told there were no “remains” to inspect.
On May 9, Michael Gordon tried again to have authorities inspect the remains, despite being put on leave after his son’s disappearance and then later fired by the plant. He went to the plant with deputies and plant managers there at the same time. Michael Gordon began pulling out strange material by hand from underneath a conveyor belt.
Over a month would pass before authorities determined the remains they thought belonged to a cat instead matched Alex Burrell Gordon’s DNA.
During that time, the machine continued to run.
What happened to Alex Burrell Gordon?
Industrial Recovery and Recycling takes old plastics and carpets and grinds them up into reusable products, including polypropylene.
“With capacity to process over 60 million pounds of material per year, IRR’s facilities remain both robust and highly versatile, with the abilities to process a wide variety of both polyester (PET) and polypropylene (PP) waste materials. IRR is one of only a couple independent industrial plastics recycler and reprocessor (sic) with this magnitude of capacity and capabilities in the entire state of South Carolina,” according to the company’s website.
In order to process recyclables, the company uses a forklift that lifts a container that dumps material into the shredder, according to OSHA.
After dumping the material into the shredder, an operator at times will go up to the platform and clear out the bin of any debris, OSHA said in its citation.
“The trail of the evidence is leading us to believe that Alex [Burrell Gordon] may have simply fallen into the shredder while accomplishing the clearing of the bin,” said attorney Charles Hodge, who is representing the father of the missing man.
“The machine was operational at the time that we believe he cleared the debris. We don’t know that for a fact, but it makes sense. And again, we have to verify it through proper investigation, but the machine was ongoing and running. And it’s very, very powerful,” Hodge said.
Hodge said he will seek damages through the Workers Compensation Commission.
“This is peculiar because we’re in the very unfortunate position of having to have Alex Burrell Gordon declared deceased. And so that’s kind of a simultaneous process,” he said.
“We know that this machine, this particular machine had been investigated previously by OSHA. And I think it had to do with the railing,” he said.
The Machine
In 2017, Industrial Recovery and Recycling was cited by OSHA for failing to protect employees working on its shredders, most of which are Vecoplan RG62/200 Single Shaft Shredders. The German-made shredders operate at 200 horsepower and could pulverize almost anything put inside them, including bone.
“Two employees approximately eleven (11) feet above the cutting rotor for the Vecoplan Shredder’s, Serial Number: 9222010, feeder hopper were not protected by a guardrail system, safety net system, travel restraint system or personal fall arrest system in Building 2,” according to the 2017 OSHA citation.
The employer provided body belts and connectors to prevent employees from falling into shredders in Building 1 and 4 but not in Building 2, according to Plant Manager Brian Morton, in the 2017 OSHA report.
The top rail for the guardrail system for the feeder hopper was approximately 24.5-inches high, according to the OSHA report in 2017.
As a result of OSHA’s findings, Industrial Recovery and Recycling raised the railing platforms that surrounded the shredders to 45-inches, according to the 2017 OSHA report, in compliance with state guidelines for safety.
Alex Burrell Gordon stood at about 6 feet tall, far above the approximate 3.5-foot railing that protected people from falling into the shredder. It likely wouldn’t be tall enough to stop him if he fell.
Why isn’t there more evidence?
There are allegedly no security cameras inside the plant. Alex Burrell Gordon was seen on an entryway camera going into the plant at the start of his shift, but he did not appear to leave, according to the camera.
The plant is sparsely staffed at night, and no one reported hearing or seeing anyone in distress.
It appears there are no witnesses.
Timeline of events and delayed investigation
OSHA opened a new investigation at Industrial Recovery and Recycling on June 16, more than one month after family and friends suspected Alex Burrell Gordon fell into the shredder.
The investigation is complicated by the difficulty of finding more remains. Without a body or death certificate, Alex Burrell Gordon’s disappearance continues to be a missing person’s case for law enforcement.
The following list is a timeline, based on interviews and reports from family, attorneys and law enforcement officials.
WSPA previously reported that Alex Burrell Gordon was reported missing on May 5 after he was last seen during his work on the overnight shift at Industrial Recycling and Recovery, Inc.
Security camera footage of him allegedly arriving at the plant on May 4 was released, but he was never seen on camera leaving the plant the next day — or ever again. No indoor surveillance camera footage is known to exist.
On May 6, a uniformed patrol supervisor with the sheriff’s office visited the plant but found no evidence, according to Spartanburg County Coroner Rusty Clevenger.
On May 9, Michael Gordon, sheriff’s deputies and plant managers inspect the “remains” at Industrial Recovery and Recycling under the conveyor belt. The material was tested on the scene, but the results came back “negative” for human blood, according to the coroner.
“The material found under the conveyor belt was recovered by a detective and was immediately tested by a presumptive testing module that tests for human blood vs. animal blood. It was negative on scene,” the coroner wrote in a report.
The material, however, was dried out, which could have led to the misidentification.
Meanwhile, the shredder continued to run.
The material was later hydrated to test for human blood again. This time, it tested positive for human blood.
A month later, on June 10, a test for DNA of the remains found at the plant came back as a positive match for Alex Burrell Gordon. The coroner became involved in the case at this time.
After meeting with the sheriff’s office, the coroner’s office arranged additional exams for the material. The results showed the remains were consistent with “human fat, microscopically minute particles of skin and small pieces of bone,” according to the report from the coroner.
The remains had been incorrectly identified as “nonhuman,” based on a blood test conducted at the plant, causing a delay in the authorities responding to the accident as a death. Meanwhile, the shredder continued to run, destroying additional evidence.
The search for additional remains is now complicated by the fact that at least 60,000 pounds of plastic material had been processed through the shredder after he was declared missing, the plant told authorities.
Overall, approximately two ounces of remains were recovered by deputies from the conveyor belt, an amount roughly the size of a golf ball, the coroner’s office said.
Why isn’t there more evidence?
What’s next
Attorney Buck Brandt, who is also representing the father, said it could take months to get Alex Gordon declared deceased.
“There has to be a court order making a determination that Alex is deceased,” he said.
The issue would likely go before a local probate judge later this year, he said.
Brandt compared this case to Malaysian Airlines Flight 370, where only debris remained of a plane that disappeared with more than 200 people on board.
In the meantime, he said, the discovery process through the worker’s compensation lawsuit might provide additional clues.
The attorneys’ for Michael Gordon are scheduled to visit the recycling plant on Aug. 10.
As of now, Alex Burrell Gordon is a missing person for law enforcement but is presumed dead, according to the coroner’s report.
“We are unable to issue a conventional death certificate in this matter. State regulations require another remedy for the family to get closure because there is no body. The family has been made aware of the process,” the coroner said in his report.
“My office is closing our investigation of [a] missing person. We will not be commenting on any questions because other agencies are investigating,” he said.
Spartanburg County Sheriff’s Office continues to investigate the disappearance as a missing person’s case.
Michael Gordon said he was put on leave after his son’s disappearance and then fired from the recycling plant about a week later for allegedly speaking publicly about the accident. He has two other sons still employed at the plant.
There is a possibility Alex Burrell Gordon might never be declared dead or seen again. Meanwhile, the family is in limbo.
Industrial Recovery and Recycling did not respond to a reporter’s inquiry about the investigation.
Alex Burrell Gordon lived with his father Michael Gordon, about five miles away from the plant.
“I’m so lost without him. We were together 24/7. He lived with me and now it’s hard. I go in his room all the time and talk to him and tell him I miss him,” said Michael Gordon.
“I just want my Alex back,” he said. | https://cw33.com/news/nexstar-media-wire/what-happened-to-the-man-who-allegedly-fell-into-a-south-carolina-shredder/ | 2022-07-24T15:45:25Z |
SEATTLE, June 6, 2022 /PRNewswire/ --
JND Legal Administration announces a proposed Settlement in In Re: Farm-Raised Salmon and Salmon Products Antitrust Litigation, Master File No. 19-21551-CVALTONAGA. The Court in charge of this case is the United States District Court for the Southern District of Florida, Miami Division (the "Court").
Plaintiffs Euclid Fish Company; Euro USA Inc.; Schneider's Fish and Sea Food Corporation; and The Fishing Line LLC―sued on behalf of a proposed Class. The companies they sued are called the Defendants and include Mowi ASA (formerly known as Marine Harvest ASA), Mowi USA, LLC (formerly known as Marine Harvest USA, LLC), Mowi Canada West, Inc. (formerly known as Marine Harvest Canada, Inc.), and Mowi Ducktrap, LLC (an assumed name of Ducktrap River of Maine, LLC); Grieg Seafood ASA, Grieg Seafood BC Ltd., Grieg Seafood North America Inc. (formerly known as Ocean Quality North America Inc.),; Grieg Seafood USA, Inc. (formerly known as Ocean Quality USA Inc.), Grieg Seafood Premium Brands, Inc. (formerly known as Ocean Quality Premium Brands, Inc.); Sjór AS (formerly known as Ocean Quality AS); SalMar ASA; Lerøy Seafood AS and Lerøy Seafood USA Inc.; and Cermaq Group AS, Cermaq US LLC, Cermaq Canada Ltd., and Cermaq Norway AS.
You are a Settlement Class Member if you or your company purchased farm-raised Atlantic salmon or products derived therefrom directly from one or more of the Defendants between April 10, 2013 and May 26, 2022. Excluded from the Settlement Class are the Court and its personnel and any Defendants and their parent, subsidiary, or affiliated companies.
Plaintiffs allege that Defendants conspired to fix, raise, and maintain the prices that direct purchasers paid for the Defendants' farm-raised Atlantic salmon and that, as a result, members of the Class paid more than they otherwise would have. Defendants deny all claims and have asserted a number of defenses. The Court has not decided who is right. Plaintiffs and Defendants have reached a proposed Settlement to avoid the uncertainties, risks, and costs of further litigation.
If the Settlement is approved, Defendants will pay a total Settlement Amount of $85,000,000.00 into a Settlement Fund to pay legal fees (not to exceed 30% of the Settlement Amount) and litigation costs; the cost of notice, administration, and the distribution of the Settlement proceeds (estimated at approximately $75,000), as well as to pay reasonable Service Awards to each of the four Class Representatives for their work in the case, if permitted by the Court. The remainder of the Settlement Amount will be available for distributions to Settlement Class Members. Settlement Class Members who make a claim will receive their pro rata distribution via check based on the number of claims and the volume of commerce represented in those claims. Using an online portal, Settlement Class Members will be able to check their claim volume, and in the event that their own data suggests that a different claimed volume of commerce is appropriate, they can provide that information, and it will be considered by the Claims Administrator, subject to audit.
You must complete and submit a timely Claim Form to be eligible to receive a payment from the Settlement. The Claim Form can be obtained online at www.salmondirectpurchasersettlement.com or by writing or emailing the Claims Administrator at the address listed below.
Farm-Raised Salmon Antitrust Settlement
c/o JND Legal Administration
P.O. Box 91447
Seattle, WA 98111-0050
info@salmondirectpurchasersettlement.com
The completed Claim Form must be submitted online or by mail postmarked by September 23, 2022. If you do not submit a valid Claim Form by September 23, 2022, you will not receive a payment, but you will be bound by the Court's judgment.
You may receive offers from companies, not affiliated with the Court or Class Counsel, that specialize in aggregating claims of Class Members who will offer to complete and file your claim in return for your agreement to pay them a percentage of the amount you receive. YOU DO NOT NEED TO PAY ANYONE TO FILE YOUR CLAIM. You can always seek help from the Settlement Administrator or Class Counsel at no charge.
Payments will be made to Settlement Class Members who submit valid and timely Claim Forms after the Court grants "final approval" to the Settlement and after all appeals are resolved. If the Court approves the Settlement, there may be appeals. It is always uncertain whether these appeals can be resolved and resolving them can take time. Please be patient.
The Court has appointed Podhurst Orseck, P.A. and Hausfeld LLP as Class Counsel. You do not have to pay Class Counsel. Class Counsel have not been paid for their services since this case began. They will seek an award of attorneys' fees out of the Settlement Fund, as well as reimbursement for litigation costs they advanced in pursuing the claims. The fees will compensate Class Counsel for investigating the facts, litigating the case, and negotiating and administering the Settlement. Class Counsel's attorneys' fee request will not exceed 30% of the Settlement Amount. Any attorneys' fees and costs awarded are subject to the Court's approval. Class Counsel's motion for approval of that award and payment of their fees and costs will also be posted at www.salmondirectpurchasersettlement.com prior to the deadline for objections.
If you do not file a claim, your other options are:
STAY IN THE CLASS AND DO NOTHING. If you do nothing, you will receive no benefits and you will give up your right to separately sue or continue to sue the Defendants for the claims in this case.
STAY IN THE SETTLEMENT CLASS, BUT OBJECT TO THE SETTLEMENT. If you do not exclude yourself from the Settlement Class, you may tell the Court what you do not like about the proposed Settlement. You will still be bound by the proposed Settlement unless you exclude yourself from the Settlement Class.
ASK TO BE EXCLUDED FROM THE SETTLEMENT CLASS. This means you remove yourself from the Class entirely. You will receive no benefits and you will no longer be bound by any judgment for this case. You will keep your right to sue or continue to sue the Defendants for the legal claims in this case.
Go to www.salmondirectpurchasersettlement.com for details on how to exclude yourself or object. Exclusion requests and objections must be postmarked by July 11, 2022.
The Court will hold a Fairness Hearing at 9:00 a.m. on September 8, 2022 at the United States District Court for the Southern District of Florida, Wilkie D. Ferguson Jr. United States Courthouse, 400 North Miami Avenue, Miami, FL 33128 in Courtroom 13-3. At the hearing, the Court will consider (i) whether the proposed Settlement should be approved as fair, reasonable, and adequate to Settlement Class Members; and (ii) whether to approve any application by Class Counsel for an award of attorneys' fees and payment of costs and expenses, and any Service Awards to the named Class Representatives. If there are objections, the Court will consider them. If you stay in the Settlement Class, you or your representative may ask to speak at the hearing at your own expense, but you do not have to. The date of the hearing may change, so please check www.salmondirectpurchasersettlement.com for updates.
For more information go to www.salmondirectpurchasersettlement.com, call toll-free 1-877-540-1084, or email info@salmondirectpurchasersettlement.com.
Please do not contact the Court.
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SOURCE JND Legal Administration | https://www.mysuncoast.com/prnewswire/2022/06/06/if-you-purchased-farm-raised-atlantic-salmon-or-products-derived-therefrom-directly-one-or-more-defendants-between-april-10-2013-may-26-2022-you-may-be-affected-by-class-action-settlement/ | 2022-06-06T21:51:20Z |
Political ad revenue was the highest-ever for second quarter; company is on track for record full-year political results
CINCINNATI, Aug. 5, 2022 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) delivered $594 million in revenue and $132 million in segment profit for the second quarter of 2022, driven by higher Local Media political advertising and retransmission revenues.
The company is on track to deliver at least $270 million of Local Media political advertising revenue for the full year, outpacing its 2020 adjusted-combined presidential election year political revenue, after record-setting second-quarter results.
Highlights:
- During the second quarter, Scripps benefitted from strong political advertising revenues in the Local Media division. Higher retransmission revenues also contributed to its 10% total revenue growth, and the company saw continued moderation in the decline of pay TV households. Local core advertising was down just slightly, despite the macroeconomic climate.
- The Scripps Networks division revenue performed better than the national cable and broadcast networks marketplace, and the division delivered a 31% segment profit margin, despite a challenging national advertising climate.
- The Networks division increased connected TV revenue by 35% in Q2 and continues its aggressive expansion onto CTV platforms, with six networks either launched or launching before October on services including Roku, FreeVee, Samsung TV Plus, TCL, Tubi, Vizio Watchfree and Xumo.
- The company is carefully managing expenses in the face of the current economic environment, without negatively impacting its long-term commitment to its local media and national networks strategies.
- Free cash flow for the full year is now targeted at about $400 million.
"For the second quarter, Scripps met or exceeded overall expectations. Foreshadowing the record performance we expect in the back half of the year, political advertising during the first two quarters nearly equaled the level of revenue we saw for the same period of the presidential election year 2020, when Michael Bloomberg spent early and heavily in our markets to promote his presidential campaign. We also experienced smaller declines in our pay TV subscriber household counts year over year," said Adam Symson, Scripps president and CEO.
"While Scripps Networks revenue was short of guidance – a reflection of the weakness in the national ad market – it still equaled last year's extraordinary performance and delivered results better than peers as well as a margin of more than 30%."
"The Networks benefited from growth in connected TV revenue, with continued momentum expected in the back half of the year. By the end of the third quarter, most of our Scripps networks will be nearly fully distributed across connected TV platforms, and our previous CTV launches this year are garnering significant viewing, driving the increases in CTV revenue. Our networks also are available on cable and satellite and to nearly every U.S. television household through over-the-air broadcast.
"The Scripps strategy is to deliver quality programs to media consumers on their preferred TV viewing platforms – an all-of-the-above distribution approach that is paying dividends as Scripps establishes itself as a leader in free, ad-supported television."
Operating results
Total second-quarter company revenue was $594 million, an increase of 5.2% or $29.4 million from the prior-year quarter due to higher political and retransmission revenue in our Local Media division.
Costs and expenses for segments, shared services and corporate were $463 million, up from $413 million in the year-ago quarter.
Income attributable to the shareholders of Scripps was $29.2 million or 32 cents per share. In the prior-year quarter, the company had reported a loss from continuing operations attributable to its shareholders of $11.4 million or 14 cents per share. The prior-year quarter included a $13.8 million loss on extinguishment of debt from the redemption of our 2025 senior notes, a $31.9 million non-cash adjustment due to the increase in the fair value of the outstanding common stock warrant liability, acquisition and related integration costs of $6.7 million, and $514,000 of restructuring costs. These items decreased income from continuing operations by $47.6 million, net of taxes, or 58 cents per share.
Second-quarter 2022 results by segment compared to prior-period amounts:
Local Media
Revenue from Local Media was $356 million, up 9.5% from the prior-year quarter.
- Core advertising revenue decreased 2% to $158 million.
- Political revenue was $24 million, compared to $3.2 million in the prior-year quarter.
- Retransmission revenue increased 9.4% to $171 million.
Segment expenses increased 5.7% to $275 million, driven by network affiliation fees and the impact of Scripps employees returning to working in its station buildings, resuming more normal operating procedures.
Segment profit was $80.7 million, compared to $64.6 million in the year-ago quarter.
Scripps Networks
Revenue from Scripps Networks was $239 million, equal to the prior-year quarter. Incremental ad revenue earned from the July 2021 launch of Defy TV and TrueReal networks was offset by weakness in the national advertising market.
Segment expenses for Scripps Networks increased 26% to $166 million, consistent with the company's strategic commitment to new national networks launches and continued programming improvements.
Segment profit was $73.3 million, compared to $107 million in the year-ago quarter.
Financial condition
On June 30, cash and cash equivalents totaled $58.2 million and total debt was $3.1 billion, including $60 million outstanding under our revolving credit facility.
During the first quarter of 2022, we redeemed a total of $123 million of the outstanding principal on our senior notes. In addition, we made mandatory principal payments of $9.3 million on our term loans during the first half of the year.
Preferred stock dividends paid in 2022 were $24 million. Under the terms of Berkshire Hathaway's preferred equity investment in Scripps, we are prohibited from paying dividends on or repurchasing our common shares until all preferred shares are redeemed.
Year-to-date operating results
The following comparisons are to the period ending June 30, 2021:
In 2022, revenue was $1.2 billion, which compares to revenue of $1.1 billion in 2021. Political revenue was $30.8 million, compared to $4.5 million in the prior year.
Costs and expenses for segments, shared services and corporate were $913 million, up from $821 million in the year-ago period, reflecting costs attributed to our recent over-the-air network launches, continued investment in programming, higher affiliation fees and the impact of Scripps employees returning to working in its stations and offices.
Income from continuing operations attributable to the shareholders of Scripps was $39 million or 42 cents per share. Pre-tax costs for the 2022 period included $1.6 million of acquisition and related integration costs as well as a $1.2 million gain on extinguishment of debt from the redemption of senior notes. In the prior-year period, loss from continuing operations attributable to the shareholders of Scripps was $19.5 million or 24 cents per share. Pre-tax costs for the prior year included an $81.8 million gain from the sale of Triton, a $13.8 million loss on extinguishment of debt, a $99.1 million non-cash adjustment due to the increase in the fair value of the outstanding common stock warrant liability, acquisition and related integration costs of $35.3 million and $7.6 million of restructuring costs. These items decreased income from continuing operations by $76.9 million, net of taxes, or 94 cents per share.
Looking ahead
Comparisons for our segments are to the same period in 2021.
Conference call
The senior management of The E.W. Scripps Company will discuss the company's quarterly results during a telephone conference call at 9:30 a.m. Eastern today. To access the live webcast, visit http://ir.scripps.com and find the link under "upcoming events."
To access the conference call by telephone, dial (844) 867-6169 (U.S.) or (409) 207-6975 (international) and give the access code 1864935 approximately five minutes before the start of the call. Investors and analysts will need the name of the call ("Scripps earnings call") to be granted access. The public is granted access to the conference call on a listen-only basis.
A replay line will be open from 1:30 p.m. Eastern time Aug. 5 until midnight Sept. 7. The domestic number to access the replay is (866) 207-1041 and the international number is (402) 970-0847. The access code for both numbers is 4808441.
A replay of the conference call will be archived and available online for an extended period of time following the call. To access the audio replay, visit http://ir.scripps.com/ approximately four hours after the call, and the link can be found on that page under "audio/video links."
Forward-looking statements
This document contains certain forward-looking statements related to the company's businesses that are based on management's current expectations. Forward-looking statements are subject to certain risks, trends and uncertainties, including changes in advertising demand and other economic conditions that could cause actual results to differ materially from the expectations expressed in forward-looking statements. Such forward-looking statements are made as of the date of this document and should be evaluated with the understanding of their inherent uncertainty. A detailed discussion of principal risks and uncertainties, including those engendered by the COVID-19 pandemic, that may cause actual results and events to differ materially from such forward-looking statements is included in the company's Form 10-K, on file with the SEC, in the section titled "Risk Factors." The company undertakes no obligation to publicly update any forward-looking statements to reflect events or circumstances after the date such statements are made.
About Scripps
The E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world. As one of the nation's largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of 61 stations in 41 markets. The Scripps Networks reach nearly every American through the national news outlets Court TV and Newsy and popular entertainment brands ION, Bounce, Grit, Laff, ION Mystery, Defy TV and TrueReal. Scripps is the nation's largest holder of broadcast spectrum. Scripps runs an award-winning investigative reporting newsroom in Washington, D.C., and is the longtime steward of the Scripps National Spelling Bee. Founded in 1878, Scripps has held for decades to the motto, "Give light and the people will find their own way."
Notes to Results of Operations
1. SEGMENT INFORMATION
We determine our business segments based upon our management and internal reporting structures, as well as the basis on which our chief operating decision maker makes resource-allocation decisions.
Our Local Media segment includes our 61 local broadcast stations and their related digital operations. It is comprised of 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates. We also have 12 CW affiliates - four on full power stations and eight on multicast; five independent stations and 10 additional low power stations. Our Local Media segment earns revenue primarily from the sale of advertising to local, national and political advertisers and retransmission fees received from cable operators, telecommunications companies, satellite carriers and over-the-top virtual MVPDs.
Our Scripps Networks segment is comprised of nine national television networks that reach nearly every U.S. television home through free over-the-air broadcast, cable/satellite, connected TV and digital distribution. These operations earn revenue primarily through the sale of advertising.
Our respective business segment results reflect the impact of intercompany carriage agreements between our local broadcast television stations and our national networks. We also allocate a portion of certain corporate costs and expenses, including accounting, procurement, human resources, employee benefit and information technology to our business segments. These intercompany agreements and allocations are generally amounts agreed upon by management, which may differ from an arms-length amount.
The other segment caption aggregates our operating segments that are too small to report separately. Costs for centrally provided services and certain corporate costs that are not allocated to the business segments are included in shared services and corporate costs. These unallocated corporate costs would also include the costs associated with being a public company. Corporate assets are primarily cash and cash equivalents, restricted cash, property and equipment primarily used for corporate purposes and deferred income taxes.
Our chief operating decision maker evaluates the operating performance of our business segments and makes decisions about the allocation of resources to our business segments using a measure called segment profit. Segment profit excludes interest, defined benefit pension plan amounts, income taxes, depreciation and amortization, impairment charges, divested operating units, restructuring activities, investment results and certain other items that are included in net income (loss) determined in accordance with accounting principles generally accepted in the United States of America.
2. CONDENSED CONSOLIDATED BALANCE SHEETS
3. EARNINGS PER SHARE ("EPS")
Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our RSUs, are considered participating securities for purposes of calculating EPS. Under the two-class method, we allocate a portion of net income to these participating securities and, therefore, exclude that income from the calculation of EPS for common stock. We do not allocate losses to the participating securities.
The following table presents information about basic and diluted weighted-average shares outstanding:
4. NON-GAAP INFORMATION
In addition to results prepared in accordance with GAAP, this earnings release discusses free cash flow, a non-GAAP performance measure that management and the company's Board of Directors uses to evaluate the performance of the business. We also believe that the non-GAAP measure provides useful information to investors by allowing them to view our business through the eyes of management and is a measure that is frequently used by industry analysts, investors and lenders as a measure of valuation for broadcast companies.
Free cash flow is calculated as non-GAAP Adjusted EBITDA (as defined below), plus reimbursements received from the FCC for repack expenditures, less capital expenditures, preferred stock dividends, interest payments, income taxes paid (refunded) and contributions to defined retirement plans.
Adjusted EBITDA is calculated as income (loss) from continuing operations, net of tax, plus income tax expense (benefit), interest expense, losses (gains) on extinguishment of debt, defined benefit pension plan expense (income), share-based compensation costs, depreciation, amortization of intangible assets, loss (gain) on business and asset disposals, mark-to-market losses (gains), acquisition and integration costs, restructuring charges and certain other miscellaneous items.
A reconciliation of these non-GAAP measures to the comparable financial measure in accordance with GAAP is as follows:
ADJUSTED COMBINED SUPPLEMENTAL INFORMATION
Due to the effect that the ION acquisition has on our segment operating results, and to provide meaningful period over period comparisons, we are presenting supplemental non-GAAP (Generally Accepted Accounting Principles) information for certain financial results on an adjusted combined basis. The adjusted combined financial results have been compiled by adding, as of the earliest period presented, the impact from the acquired ION television stations' historical revenue, employee compensation and benefits, programming and other expenses to Scripps' historical revenue, employee compensation and benefits, programming and other expenses captions reported within the Scripps Networks segment. These historical results are adjusted for certain intercompany adjustments and other impacts that would result from the companies operating under the ownership of Scripps as of the earliest period presented.
Management uses the adjusted combined non-GAAP supplemental information for purposes of evaluating the Company's segment results. The company therefore believes that the non-GAAP measure presented provides useful information to investors by allowing them to view the company's businesses through the eyes of management, facilitating comparison of Scripps Networks results across historical periods and providing a focus on the underlying ongoing operating performance of our segments.
The company uses the adjusted combined non-GAAP supplemental information to supplement the financial information presented on a GAAP historical basis. This non-GAAP supplemental information is not to be considered in isolation from, or as a substitute for, the related GAAP measures, and should be read only in conjunction with financial information presented on a GAAP basis.
The adjusted combined financial results contained in the following supplemental information is for informational purposes only. These results do not necessarily reflect what the historical results of Scripps would have been if the acquisition of ION had occurred on January 1, 2021. Nor is this information necessarily indicative of the future results of operations of the combined entities.
The adjusted combined financial information is not pro forma information prepared in accordance with Article 11 of SEC regulation S-X, and the preparation of information in accordance with Article 11 would result in a significantly different presentation.
Scripps Networks adjusted combined segment profit
Non-GAAP reconciliation
Below is a reconciliation of Scripps historical reported revenue and segment profit for its Scripps Networks segment to the adjusted combined revenue and adjusted combined segment profit for the Scripps Networks segment following the acquisition of ION.
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SOURCE The E.W. Scripps Company | https://www.kxii.com/prnewswire/2022/08/05/scripps-q2-revenue-grows-benefiting-political-advertising-distribution-gains/ | 2022-08-05T13:01:51Z |
SEGUIN, Texas, Aug. 3, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2022.
Highlights for the Quarter
- Net sales of $396.2 million, up 14.0%
- Income from operations of $40.9 million, up 21.8%
- Net income of $28.5 million, or $2.39 per diluted share, up 9.4%
- Trailing twelve-month EBITDA of $172.9 million, up 6.7% from full year 2021(1)
- Backlog of $894.0 million, up 77.5% compared to prior year second quarter-end
Results for the Quarter
Second quarter 2022 net sales were $396.2 million compared to $347.6 million in the second quarter of 2021, an increase of 14.0%. Gross margin improved in the quarter versus the second quarter of 2021 by $11.6 million or 13.1%. Second quarter net income improved 9.4% to $28.5 million, or $2.39 per diluted share, compared to net income of $26.0 million, or $2.19 per diluted share in the second quarter of 2021. The Company's backlog at the end of the second quarter of 2022 was $894.0 million, an increase of $390.5 million, or 77.5%, from the backlog at the end of the second quarter of 2021, and up 11.6% from the end of calendar year 2021.
The positive results reported for the quarter were achieved through a combination of effective price management, improved manufacturing efficiencies and disciplined control of operating expenses. These results were achieved despite persistent headwinds including material cost inflation, elevated transportation costs, supply chain disruptions and skilled labor shortages. They were also achieved net of the negative impact of currency exchange rates on our consolidated financial results.
Results by Division
Vegetation Management
The Vegetation Management Division had a strong second quarter of 2022 as markets remained solid compared to the second quarter of 2021. The Division's second quarter net sales were $255.0 million, up 18.8% compared to $214.7 million for the same period in 2021. For the first six months of 2022, net sales in this Division were $476.0 million, compared to $398.5 million for the first six months of 2021, up 19.4%. The increase in net sales was driven by strong retail demand for agricultural, forestry, tree care, and governmental mowing products in both North America and Europe.
The Division's income from operations for the second quarter 2022 was $32.8 million, up 44.7% compared to $22.7 million for the second quarter of 2021. For the first six months of 2022, income from operations was $51.1 million versus $39.4 million for the first six months of 2021, an increase of 29.7%. Strong results in the United Kingdom, France, Brazil and Australia also contributed to this division's outstanding performance during the quarter. The Division benefited from strong sales, better pricing, a favorable product mix and was able to effectively manage costs and expenses in spite of the impact of ongoing supply chain issues, higher material and inbound freight costs and related surcharges.
Industrial Equipment
The Industrial Equipment Division's second quarter 2022 net sales were $141.2 million, up 6.3% compared to $132.9 million during the same period in 2021. The increase was primarily attributable to pricing actions that drove higher sales of its excavator and vacuum truck products and, to a lesser extent, other product lines within the Division. Delays in deliveries of medium duty truck chassis and other industrial components, negatively impacted the Division during the second quarter of 2022.
For the first six months of 2022 net sales were $282.2 million compared to $260.2 million for the first six months of 2021, an 8.5% increase. Strong net sales of excavators, vacuum trucks, street sweepers and, to a lesser, extent snow removal equipment were the primary reasons for the increase.
The Division's income from operations for the second quarter of 2022 was $8.1 million, down 25.7%, compared to $10.9 million, for the second quarter of 2021. For the first six months of 2022 income from operations was $18.9 million compared to $19.6 million for the first six months of 2021, a decrease of 3.6%. The Division was negatively impacted during the second quarter and first six months of 2022 by supply chain disruptions, constrained chassis deliveries and higher material and inbound freight costs.
Comments on Results
Jeff Leonard, Alamo Group's President and Chief Executive Officer, commented, "We are pleased to report that, in the second quarter, Alamo Group achieved the highest quarterly sales and earnings in the Company's history. While the second quarter is normally seasonally strong for the Company, both sales and earnings for the quarter comfortably exceeded previous records. It is especially satisfying that our teams were able to produce robust results in a business environment that certainly remains turbulent and challenging.
"Modest improvements in supply chain performance helped our teams increase customer shipments and improve production efficiencies during the quarter. The improvement in efficiency, combined with better pricing, supported gross margin performance despite persistent cost inflation pressures. Good cost discipline was evident across the Company during the quarter and helped us drive double-digit Income from Operations growth for the first time since the third quarter of 2020.
"Orders received during the quarter declined modestly compared to the second quarter of 2021, however overall, our markets continued to show significant strength. The decline in order bookings during the quarter was primarily the result of gradually softening demand in the North American agriculture market. This was partially offset by a nice increase in Industrial Equipment orders led by strong pre-season demand for turn-key, municipal snowplows. Consolidated backlog declined slightly compared to the end of the first quarter but remained significantly higher than it was at the end of the second quarter of 2021.
"Looking ahead to the second half of the year, we remain encouraged regarding the Company's sales and earnings prospects. Truck chassis delivery reliability improved in the second quarter, and we are optimistic that gradual improvement in chassis supply will support improved sales and profitability in our Industrial Equipment Division during the third and fourth quarters of this year. We anticipate that the modest improvement in overall supply chain performance evident in the second quarter will continue for the next few months, although shortages of certain components are expected to extend into next year. With an improving supply chain situation, our inventory levels should also naturally decline. Most importantly, our backlog remains close to the historic high set at the end of the first quarter of 2022 and the margin in backlog is increasingly healthy. This gives us confidence that the Company will continue to perform well for the remainder of 2022 and at least through the early months of 2023."
Earnings Conference Call
The Company will host a conference call to discuss the results on Thursday, August 4, 2022 at 1:30 p.m. ET. Hosting the call will be members of senior management.
Individuals wishing to participate in the conference call should dial 888-394-8218 (domestic) or 323-794-2588 (international). For interested individuals unable to join the call, a replay will be available until Thursday, August 11, 2022, by dialing 888-203-1112 (domestic) or 719-457-0820 (internationally), passcode 4806226.
The live broadcast of Alamo Group Inc.'s quarterly conference call will be available online at the Company's website, www.alamo-group.com (under "Investor Relations/Events & and Presentations") on Thursday, August 4, 2022, beginning at 1:30 p.m. ET. The online replay will follow shortly after the call ends and will be archived on the Company's website for 60 days.
About Alamo Group
Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for vegetation management, infrastructure maintenance and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, forestry equipment and related after-market parts and services. The Company, founded in 1969, has approximately 4,275 employees and operates 29 plants in North America, Europe, Australia and Brazil as of June 30, 2022. The corporate offices of Alamo Group Inc. are located in Seguin, Texas.
Forward Looking Statements
This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: overall market demand, continuing impacts from the COVID-19 pandemic including more significant supply chain disruptions, reductions in customer demand, sales and profitability declines, operational disruptions, full or partial facility closures, and other similar impacts, geopolitical risks, including effects of the war in Ukraine, inflation, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date.
(Tables Follow)
# # #
(1) This is a non-GAAP financial measure or other information relating to our GAAP financial measures that we have provided to investors in order to allow greater transparency and a deeper understanding of our financial condition and operating results. For a reconciliation of the non-GAAP financial measure or for a more detailed explanation of financial results, refer to "Non-GAAP Financial Measure Reconciliation" below and the Attachments thereto.
Alamo Group Inc.
Non-GAAP Financial Measures Reconciliation
From time to time, Alamo Group Inc. may disclose certain "non-GAAP financial measures" in the course of its earnings releases, earnings conference calls, financial presentations and otherwise. For these purposes, "GAAP" refers to generally accepted accounting principles in the United States. The Securities and Exchange Commission (SEC) defines a "non-GAAP financial measure" as a numerical measure of historical or future financial performance, financial position, or cash flows that is subject to adjustments that effectively exclude or include amounts from the most directly comparable measure calculated and presented in accordance with GAAP. Non-GAAP financial measures disclosed by Alamo Group are provided as additional information to investors in order to provide them with greater transparency about, or an alternative method for assessing, our financial condition and operating results. These measures are not in accordance with, or a substitute for, GAAP and may be different from, or inconsistent with, non-GAAP financial measures used by other companies. Whenever we refer to a non-GAAP financial measure, we will also generally present the most directly comparable financial measure calculated and presented in accordance with GAAP, along with a reconciliation of the differences between the non-GAAP financial measure we reference and such comparable GAAP financial measure.
Attachment 1 discloses Operating Income, Adjusted Net Income and Adjusted Diluted EPS, related to the impact of non-recurring items, of which are non-GAAP financial measures. Attachment 2 discloses a non-GAAP financial presentation related to the impact of currency translation on net sales by division. Attachment 3 shows the net change in our total debt net of cash and earnings before interest, taxes, depreciation and amortization ("EBITDA") which is a non-GAAP financial measure. The Company considers this information useful to investors to allow better comparability of period-to-period operating performance.
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SOURCE Alamo Group Inc. | https://www.kxii.com/prnewswire/2022/08/03/alamo-group-announces-record-2022-second-quarter-sales-earnings/ | 2022-08-03T21:22:31Z |
BETHESDA, Md., May 12, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $47,000,000 in financing for the development of The Line, a 219-unit, Class A+ multifamily project in Savannah, Georgia. Situated just three blocks from the Savannah River, the development is within walking distance to all of Savannah's outstanding retail and lifestyle amenities.
Located in Savannah's downtown area, the property is within the bounds of a designated Economic Opportunity Zone census tract. Opportunity zones were established by Congress in the Tax Cuts and Jobs Act of 2017 and encourage long-term investments in designated low-income areas by offering incentives in the form of lower or deferred capital gains taxes.
Led by Chris Rumul and Taylor Williams, Walker & Dunlop arranged the construction financing on behalf of the developer, Standard Communities, a leading national multifamily housing investor and developer and repeat client. Collaborating across the Walker & Dunlop platform, the team pooled resources from their FHA Finance and Capital Markets groups to identify the ideal financing source for their client. The resulting financing was sourced from a regional life insurance company and includes both construction and permanent financing in a single loan. The team worked to ensure the financing terms were consistent with opportunity zone guidance, securing a 12-year construction term with four years of interest-only payments.
"We are incredibly proud to play a part in the development of such a unique project and are excited to bring this distinctive, elevated living experience to Savannah," said Jeffrey Jaeger, Co-Founder and Principal of Standard Communities. "Thanks to the diligent work by our funding partners, The Line will fulfill a much-needed demand for multifamily rentals in this rapidly growing area."
Standard's primary goal will be to maintain the integrity of the property's original structure while combining the benefits and amenities of a new construction, modern apartment community. The resulting community will include two buildings in total and will fit seamlessly into the old-meets-new vibe of downtown Savannah. The Line will feature a full upscale amenity package, including a terrace level with a pool, sundeck, fitness center, and grill area. The project will also include onsite parking, a clubroom with views of Downtown Savannah and the Savannah River, and resident storage. Savannah boasts a vibrancy that attracts young professionals, relocated families, and tourists. The region's dynamic economy has drawn large corporations, such as Gulfstream, Savannah's largest employer, which employs around 9,800 people at its production facility.
Walker & Dunlop is the third largest provider of capital to the U.S. multifamily market, originating $49 billion in transactions and lending over $42 billion for multifamily properties in 2021. With one of the strongest networks in the industry, the firm's 2021 brokered loan originations totaled $30 billion, a 170% increase over 2020. To learn more about our Capital Markets capabilities and financing options, visit our website.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology makes us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,300 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.
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SOURCE Walker & Dunlop, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/12/walker-amp-dunlop-structures-47-million-financing-savannah-opportunity-zone-development/ | 2022-05-13T02:29:26Z |
WILMINGTON, Del., Sept. 7, 2022 /PRNewswire/ -- The BBFI Liquidating Trust today announced that the initial lenders (the "Initial Lenders") under its $31,375,447.57 Senior Secured PIK Credit Facility (the "Credit Facility") have offered to holders ("Liquidating Trust Beneficiaries") of the notes issued by the BBFI Liquidating Trust ("Liquidating Trust Participation Notes") pursuant to that certain Amended and Restated Trust Agreement of BBFI Liquidating Trust, dated as of June 2, 2022, as amended August 17, 2022, certain purchase rights ("Purchase Rights") that, if exercised, will allow Liquidating Trust Beneficiaries to purchase their pro rata share of the Credit Facility, based on the number of Liquidating Trust Participation Notes held by such Liquidating Trust Beneficiary as of the record date ("Pro Rata Share"). The purchase will be from the Initial Lenders at par value, plus any capitalized PIK interest and accrued but unpaid interest thereon, to the initial principal amount of the loans extended by the Initial Lenders under the Credit Facility (the "Loans").
The Purchase Rights are being made available to Liquidating Trust Beneficiaries solely on the terms and subject to the conditions set forth in the Assignment Solicitation Statement dated September 7, 2022 (the "Assignment Solicitation Statement," and the solicitation made pursuant thereto, the "Solicitation"). The solicitation period under the Assignment Solicitation Statement (the "Solicitation Period") will expire at 5:00 p.m., New York City time, on September 20, 2022. The Liquidating Trust may, at any time and in its sole discretion, terminate or extend the Solicitation Period or amend or rescind the Assignment Solicitation Statement. All capitalized terms used in this press release but not defined herein have the meaning given to them in the Assignment Solicitation Statement.
In accordance with the terms of the Assignment Solicitation Statement, a Liquidating Trust Beneficiary can appropriately exercise their Purchase Rights by delivering the Required Documents, which include a Loan Purchase Form, to the Solicitation Agent prior to the expiration of the Solicitation Period. On the Sale Date, Liquidating Trust Beneficiaries who appropriately exercised their Purchase Rights will be required to deliver to UMB Bank, N.A., as administrative agent for the Credit Facility, an amount of funds equal to (i) their Pro Rata Share of the Loans (inclusive of capitalized PIK interest), plus (ii) accrued but unpaid interest on its Pro Rata Share of the Loans, plus (iii) an assignment fee payable to the administrative agent in the amount of $3,500 (which amount may be waived by the administrative agent in its sole discretion).
Subject to applicable law, the BBFI Liquidating Trust reserves the right, in its sole discretion, to (i) extend, terminate, or withdraw the Solicitation at any time, (ii) extend the Solicitation Period upon prior notice to the Liquidating Trust Beneficiaries, or (iii) amend the Assignment Solicitation Statement in any respect, at any time and from time to time. The BBFI Liquidating Trust also reserves the right, in its sole discretion, not to accept any deliveries of the Required Documents. The BBFI Liquidating Trust is making the Solicitation only in those jurisdictions where it is legal to do so.
D.F. King & Co., Inc. is acting as the Solicitation Agent for the Solicitation and can be contacted with questions regarding the Solicitation by phone at (212) 269-5550 (for banks and brokers) and (800) 967-4617 (for all others) or by email at bbfi@dfking.com. Requests for copies of the Assignment Solicitation Statement should be directed to D.F. King.
Neither the Assignment Solicitation Statement nor any related documents have been filed with the U.S. Securities and Exchange Commission, nor have any such documents been filed with or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Assignment Solicitation Statement or any related documents, and its unlawful and may be a criminal offense to make any representation to the contrary.
The Solicitation is being made solely on the terms and conditions set forth in the Assignment Solicitation Statement. Under no circumstances shall this press release constitute an offer to buy or the solicitation of an offer to sell any of the securities of the BBFI Liquidating Trust or its affiliates. The Solicitation is not being made to, nor will the BBFI Liquidating Trust accept deliveries of the Required Documents from, holders in any jurisdiction in which the Solicitation or the acceptance thereof would not be in compliance with the securities or blue sky laws of such jurisdiction. No recommendation is being made as to whether Liquidating Trust Beneficiaries should exercise their Purchase Rights. Liquidating Trust Beneficiaries should carefully read the Assignment Solicitation Statement because it contains important information, including the various terms and conditions of the Solicitation.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements. All statements, other than statements of historical fact, included in this press release regarding the Liquidating Trust's financial condition or regarding future events or prospects are forward-looking statements. The words "aim," "anticipate," "believe," "continue," "estimate," "expect," "future," "help," "intend," "may," "plan," "shall," "should," "will" or the negative or other variations of them as well as other statements regarding matters that are not historical fact, are or may constitute forward-looking statements. The Liquidating Trust based these forward-looking statements on the Liquidating Trust Committee's current view with respect to future events and financial performance. These views involve a number of risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from those predicted in these forward-looking statements and from past results, performance or achievements. All forward-looking statements contained in this press release are qualified in their entirety by this cautionary statement.
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SOURCE The BBFI Liquidating Trust | https://www.mysuncoast.com/prnewswire/2022/09/07/bbfi-liquidating-trust-announces-offering-participate-bbfi-liquidating-trusts-3137544757-senior-secured-pik-credit-facility/ | 2022-09-07T23:56:51Z |
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Premium Guard Inc. (PGI) www.premiumguard.com, the first-to-market leader and pioneer in aftermarket automotive filtration solutions, is pleased to announce a return to AAPEX for 2022 after a 2-year hiatus caused by the COVID-19 pandemic. Premium Guard's AAPEX 2022 appearance will be the first since the company's strategic acquisition of IPC Global Solutions. The company is thrilled to be debuting their expanded family of brands in the filtration and power steering markets. Familiar brands such as Premium Guard, ECOGARD, PureFlow, and PWR Steer will be represented alongside newcomer, HighFlow, on the show floor.
"AAPEX is a critically important event for our company and our industry" said Ty Nilsson, Vice President of Sales at Premium Guard. "We're looking forward to connecting in person with customers and partners throughout the industry – getting back to face-to-face discussions and getting back to business. And for the first time, we'll be showcasing our new family of brands. We are excited to be back in Las Vegas the first week in November."
"Our commitment to AAPEX and the automotive aftermarket community remains strong" said Anan Bishara, CEO of Premium Guard. "We're happy to be back and we cannot wait to connect in person with customers, partners, and industry friends."
The Premium Guard team and the company's family of brands will be presenting from a familiar location – AAPEX booth A1038. The 2022 AAPEX trade show from the Venetian Expo in Las Vegas, NV runs November 1-3, 2022.
Premium Guard Inc. (PGI) specializes in designing, manufacturing, and distributing products for automotive, diesel, powersport, and specialty filter markets. Headquartered in New York City with a main distribution center in Memphis TN, Premium Guard Inc. is keenly focused on providing customers with industry leading service, complete filtration solutions, best-in-class-quality products, and leading application coverage.
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SOURCE Premium Guard Inc. | https://www.wibw.com/prnewswire/2022/09/13/premium-guard-attend-aapex-2022-marking-companys-first-attendance-three-years/ | 2022-09-13T20:42:47Z |
ATLANTA – Gov. Brian Kemp, First Lady Marty Kemp, Department of Human Services Commissioner Candice Broce, and Promise686 CEO Andy Cook are calling on Georgia residents to mobilize and engage in an online platform where generous Georgians can financially support or volunteer their time to meet the needs of vulnerable children. These children, and the families caring for them, face tangible needs such as clothing, cribs, diapers, car seats, laundry assistance and similar requests.
"The people of Georgia value life at all stages, and Marty and I are urging all who are called and able to serve in this way to get involved in this initiative," Kemp said. "Our ultimate goal is to have Georgians in every county helping serve these specific needs of our most vulnerable."
"It is always inspiring to see people across our state step up and support their fellow Georgians," Marty Kemp said. "We're excited to see individuals and organizations in every corner of the Peach State do their part to provide the resources families and children in their own communities need to get on their feet and pursue their dreams."
By partnering with Promise686 and joining the network of responders, supporters gain access to the needs of new parents and can rally their churches and community groups to work together to meet those needs. Through connections established by Promise686, Georgians can proactively ensure that new parents have what they need to welcome a child into the world, keep their family safe and intact, and build a strong foundation for long-term success.
In 2016, the state of Georgia and Promise686 established a partnership network through an online platform called CarePortal to support the needs of vulnerable children and families. To date, the program has served more than 4,400 children in 15 counties across Georgia. Through the support of new partners, the program can grow to serve even more vulnerable children and families across the state. Promise686 is seeking partners in all 159 counties.
"Georgians have an opportunity to practically rally around women with unplanned pregnancies," Cook said. "Small acts of service can go a long way toward securing a vulnerable child’s future. The invitation is to make hope practical by empowering parents."
Interested individuals and organizations can learn more about enrolling at promise686.org/georgia. DHS and Promise686 will initiate a growth strategy to increase community responders, effective immediately.
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accounts, the history behind an article. | https://www.albanyherald.com/news/governor-first-lady-call-on-georgians-to-help-families-in-need/article_59e4481e-2164-11ed-852a-471e1b451680.html | 2022-08-21T16:23:06Z |
With EV searches up nearly 200% on Cars.com, experts discuss the pros and cons of EV ownership, highlight popular models and answer consumer questions during live virtual event1
CHICAGO, April 25, 2022 /PRNewswire/ -- The car-shopping marketplace Cars.com™ (NYSE: CARS) is pleased to announce the return of its popular event: Guide for the EV Curious. As interest in electric vehicles continues to grow, this free, live virtual event features Cars.com's automotive experts sharing their perspectives on the EV market, reviewing popular EV models and answering questions live from consumers. The event will be held April 28 at noon CDT and requires registration at Live.cars.com.
The event follows the recent unveiling of Cars.com's EV Buying Guide, the announcement of its Best Electric Vehicle of the Year, and the release of its EV Top Picks in categories including Value, Families, Luxury and Commuters. The company's industry-leading, consumer-education-focused EV content combined with unprecedented public interest, makes Cars.com as No. 1 in search results for electric cars.
"For more than a decade, we've been on the front lines of the EV-olution, and the success of last year's first-ever Guide for the EV Curious event demonstrated that consumers are hungry for greater education and resources," said Jenni Newman, Cars.com editor-in-chief. "As we witness EV interest skyrocket in our marketplace, and with more electric models hitting the market than ever before, we are excited to bring consumers more of the information and insight they're craving. This event is extra special for us because of the live participation from people across the country."
This year's event comes during a period of peak consumer curiosity, with searches for EVs on Cars.com nearly doubled year-over-year.1 Driving increased interest are elevated gas prices combined with recent geopolitical issues as well as an influx of new EV models from automakers in popular segments including pickup trucks and SUVs.
Recent launches such as the Kia EV6 and Ford Mustang Mach-E and F-150 Lightning have led search traffic on Cars.com, with the Hyundai Ioniq 5, Volvo XC40 Recharge Twin and Volkswagen ID.4 also contributing significant volume. Among searches for used EVs on the marketplace, Tesla models dominate.1
"Despite the momentum, and even as approximately a third of active car shoppers on Cars.com say they're considering an EV purchase, sales have not yet caught up to consumer enthusiasm,1" said Newman. "As more automakers unveil electric versions of the most popular vehicles, consumers may be more likely to move from 'EV curious' to 'EV serious.'"
To learn more about EVs and EV ownership, join Cars.com April 28 at 12 p.m. CDT for Cars.com's Guide for the EV Curious. Registration is required at Live.cars.com. For more EV reviews, news and car-buying advice, visit Cars.com/electric-cars.
1 Cars.com internal data
ABOUT CARS.COM
CARS is the leading automotive marketplace platform that provides a robust set of digital solutions that connect car shoppers with sellers. Launched in 1998 with the flagship marketplace Cars.com and headquartered in Chicago, the Company empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. In a rapidly changing market, CARS enables dealerships and OEMs with innovative technical solutions and data-driven intelligence to better reach and influence ready-to-buy shoppers, increase inventory turn and gain market share.
In addition to Cars.com, CARS brands include Dealer Inspire, a technology provider building solutions that future-proof dealerships with more efficient operations and connected digital experiences; FUEL, which gives dealers and OEMs the opportunity to harness the untapped power of digital video by leveraging Cars.com's pure audience of in-market car shoppers; DealerRater, a leading car dealer review and reputation management platform; automotive fintech platform CreditIQ and Accu-Trade a vehicle valuation and appraisal technology.
The full suite of CARS properties includes Cars.com™, Dealer Inspire®, FUEL™, DealerRater®, CreditIQ™, Accu-Trade.com™, Auto.com™, PickupTrucks.com™ and NewCars.com®. For more information, visit www.Cars.com.
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SOURCE Cars.com Inc. | https://www.wibw.com/prnewswire/2022/04/25/amid-soaring-electric-vehicle-interest-carscom-hosts-free-ev-livestream-consumers/ | 2022-04-25T11:59:21Z |
AUSTIN, Texas, Aug. 4, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, announced today that it will release its fourth quarter fiscal 2022 and full year financial results for the period ended July 1, 2022, on August 23, 2022, after the market closes.
The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and David Gray, Chief Financial Officer.
Interested parties may access the conference call live via the webcast through Aviat Network's Investor Relations website at https://investors.aviatnetworks.com/events-and-presentations/events, or may participate via telephone by registering using this online form. Once registered, telephone participants will receive the dial-in number along with a unique PIN number that must be used to access the call. A replay of the conference call webcast will be available after the call on the Company's investor relations website.
About Aviat Networks, Inc.
Aviat Networks, Inc. is the leading expert in wireless transport solutions and works to provide dependable products, services and support to its customers. With more than one million systems sold into 170 countries worldwide, communications service providers and private network operators including state/local government, utility, federal government and defense organizations trust Aviat with their critical applications. Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support services enabling customers to drastically simplify both their networks and their lives. For more than 70 years, the experts at Aviat have delivered high-performance products, simplified operations, and the best overall customer experience. Aviat Networks is headquartered in Austin, Texas. For more information, visit www.aviatnetworks.com or connect with Aviat Networks on Twitter, Facebook and LinkedIn.
Investor Contact
Andrew Fredrickson
Director, Corporate Development and Investor Relations
(408) 501-6214
andrew.fredrickson@aviatnet.com
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SOURCE Aviat Networks, Inc. | https://www.kxii.com/prnewswire/2022/08/04/aviat-networks-sets-date-its-fiscal-2022-fourth-quarter-full-year-financial-results-announcement-conference-call/ | 2022-08-04T21:45:01Z |
MAUMEE, Ohio, July 19, 2022 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) will release its financial results for the second quarter of 2022 after 4 p.m. EDT on Tuesday, August 2, 2022. The company will host a webcast on Wednesday, August 3, 2022, at 11 a.m. EDT to discuss the results and provide a company update.
To listen over the phone, please dial 888-317-6003 (U.S. toll-free) or 412-317-6061 (international toll) and use elite entry number: 4313758. To watch the webcast, go to https://app.webinar.net/NKr9d6xjJv0 and submit the requested information as directed. A replay of the webcast will be available on the Investors page of www.andersonsinc.com.
About The Andersons, Inc.
The Andersons, Inc., celebrating 75 years of service and named to Forbes® lists of America's Best Employers for 2022 and Best Employers for Diversity 2022 as well as America's Most Trusted Companies 2022 by Newsweek®, is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors. Guided by its Statement of Principles, The Andersons is committed to providing extraordinary service to its customers, helping its employees improve, supporting its communities, and increasing the value of the company. For more information, please visit www.andersonsinc.com.
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SOURCE The Andersons, Inc. | https://www.kxii.com/prnewswire/2022/07/19/andersons-inc-release-second-quarter-results-august-2/ | 2022-07-19T19:43:53Z |
Non-profit works to strengthen AAPI advocacy and community
CINCINNATI, May 27, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Foundation's Racial Equity Fund (the fund) announced today a $1 million grant to The Asian American Foundation (TAAF). As a convener, incubator and funder committed to accelerating opportunity and prosperity for Asian American Pacific Islander (AAPI) communities, TAAF's undertaking strongly aligns with the goals set forth in Kroger's Framework for Action: Diversity, Equity & Inclusion.
"The Kroger Foundation's generous commitment to the safety and well-being of AAPI communities is so important in this moment, both as anti-AAPI violence continues to surge, and as acts of violence targeting marginalized Americans are taking place at alarming rates," said TAAF CEO Norman Chen, "It was two years ago this week that George Floyd was murdered, one year ago that the Atlanta spa-shootings occurred, and still acts of mass violence that are leaving communities of color wondering if we'll ever feel safe in America — if we'll ever feel that we belong. At TAAF, we want to create that permanent sense of belonging that is free from discrimination, slander and violence, and so we are grateful to have The Kroger Foundation's support as we pursue that all-too-important mission."
Established in May 2021, TAAF is committed to serving AAPI communities by building the infrastructure needed to improve AAPI advocacy, power and representation. TAAF seeks to help fill critical gaps of support for AAPIs, as less than 0.5 percent of charitable giving from foundations goes to AAPI communities. TAAF wants to help be a catalyst for changing that history of underinvestment, and the organization is focused on a number of strategic priority areas including combating anti-AAPI hate, education, narrative change, cross-racial solidarity, and unlocking more resources for AAPI communities.
"TAAF's work is in lockstep with the Kroger Foundation's commitment to build more equitable, inclusive communities," said Keith Dailey, president of The Kroger Co. Foundation and Kroger's group vice president of corporate affairs. "The Kroger Foundation is proud to stand with TAAF in its mission to end the cycle of hate and create belonging in the AAPI community, and to increase awareness around anti-Asian bias, harassment and violence. Our Foundation is proud to play a small role in advancing their efforts."
The contribution was celebrated at an event sponsored by Kroger's Asian Associate Resource Group (ARG) to honor AAPI Heritage Month, featuring Kroger Board Director Secretary Elaine Chao. Celebrating its 10th anniversary, the Asian ARG was established by Kroger Asian associates with a to mission to recruit and retain Asian talent by providing belonging.
In 2021, as part of Kroger's Framework for Action: Diversity, Equity & Inclusion, Kroger allocated $5 million to The Kroger Co. Foundation to establish a new Racial Equity Fund with the vision to create more equitable communities by being the spark that ignites innovative solutions. In 2022, the company contributed an additional $5 million to the Fund to further advance race equity in America.
To learn more about these efforts, visit: TheKrogerCo.com/StandingTogether.
Media Assets
To download photography of the announcement, please visit here.
About Kroger
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: to Feed the Human Spirit™. We are, across our family of companies, nearly half a million associates who serve over nine million customers daily through a seamless digital shopping experience and 2,800 retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.
About The Asian American Foundation
The Asian American Foundation (TAAF) is a convener, incubator, and funder committed to accelerating opportunity and prosperity for AAPI communities. TAAF supports advocates and organizations committed to AAPI causes so that together we can more effectively take action against hate and violence, and build the infrastructure needed to improve AAPI advocacy, power, and representation across American society. We were founded to solve for the longstanding lack of investment and resources provided to AAPI communities and we strive to be a catalyzing force for creating a permanent and irrevocable sense of belonging for the 23 million Asian Americans and Pacific Islanders living in the United States. For additional information about TAAF, please visit www.taaf.org.
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SOURCE The Kroger Co. | https://www.wibw.com/prnewswire/2022/05/27/kroger-co-foundation-racial-equity-fund-announces-1-million-grant-asian-american-foundation/ | 2022-05-27T16:10:55Z |
The Senior Care Advantage of Palmetto program will deliver value-based primary care to PPCP patients
CHARLESTON, S.C., June 13, 2022 /PRNewswire/ -- Palmetto Primary Care Physicians ("PPCP"), South Carolina's largest independent multi-specialty physician's group, and agilon health ("agilon"), the trusted partner empowering physicians to transform health care in our communities, have entered a long-term partnership to create a better healthcare experience for senior patients through a new value-based primary care program. This new program -- called Senior Care Advantage of Palmetto – empowers the primary care provider to serve as the care quarterback and will enrich the quality-of-care PPCP is known for in South Carolina.
"PPCP is committed to improving the care experience for our growing senior population, and this new value-based primary care program will help us deliver on this promise for our patients today and in the future," says Terry Cunningham, CEO of PPCP. "We look forward to our long-term partnership with agilon heath and to continuing to enhance our high-quality primary care programs and services for our senior patients."
PPCP's vision is to be the model for patient-driven health care and physician independence, and the group is achieving this goal by focusing on being the home for high quality, cost-effective health care, especially for seniors. Today, PPCP has more than more than 120 providers, including 30 primary care physicians and 60 advanced practitioners at 40 locations across the state. PPCP is the first primary care group to transition to a full-risk, value-based primary care model for Medicare in South Carolina. agilon health has a long track record of partnering with physician groups to successfully make the transition to this new model of primary care.
"Our vision is to transform health care across communities by empowering physicians, and we are proud to form a long-term partnership with Palmetto Primary Care Physicians," said Steve Sell, Chief Executive Officer of agilon health. "By building a new primary care model for PPCP's senior patients, our organizations have the opportunity to positively impact patients, providers, and communities."
Senior Care Advantage of Palmetto will be open to all PPCP patients who are eligible or enrolled in a Medicare Advantage plan contracted with PPCP through the agilon partnership. This program is not a health plan, and PPCP may work with other health plans in their service areas. More information is available by contacting PPCP.
Value-based care is an important healthcare delivery model, which empowers physicians to serve as the quarterback of care for their Medicare patients. Primary care is critical to the delivery of value-based care within communities. This care approach enables physicians to spend more time with their patients to focus on their total health, while improving the experience for the physician group.
Serving our communities since 1996, Palmetto Primary Care Physicians (PPCP) is the largest independent multi-specialty physicians' group in South Carolina. The group cares for more than 250,000 patients across seven counties throughout 40 offices. PPCP provides a wide array of services including primary care, specialty care, urgent care, as well as diagnostic, imaging, and labs. Visit www. palmettoprimarycare.com to learn more.
agilon health is the trusted partner empowering physicians to transform health care in our communities. Through our partnerships and purpose-built platform, agilon is accelerating at scale how physician groups transition to a value-based Total Care Model for senior patients. agilon provides the technology, people, capital, and process and access to a peer network that allow physician groups to maintain their independence and focus on the total health of their most vulnerable patients. Together, agilon and its physician partners are creating the healthcare system we need – one built on the value of care, not the volume of fees. The result: healthier communities and empowered doctors. agilon is the trusted partner in 17 diverse communities and is here to help more of our nation's best physician groups and health systems have a sustained, thriving future. For more information go to www.agilonhealth.com and connect with us on Twitter, Instagram, LinkedIn, and YouTube.
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SOURCE Palmetto Primary Care Physicians | https://www.wibw.com/prnewswire/2022/06/13/palmetto-primary-care-physicians-ppcp-forms-partnership-with-agilon-health-transform-health-care-seniors-south-carolina/ | 2022-06-13T17:22:08Z |
WASHINGTON (NEXSTAR) – After the U.S. Supreme Court did away with guaranteed federal access to abortions, lawmakers and the public are wondering what decisions the court could reverse next.
While this Supreme Court term just ended, Justice Clarence Thomas made it clear he wants the Supreme Court to re-examine some decisions like the one that legalized same-sex marriage.
Congresswoman Judy Chu (D-CA) is concerned about Justice Thomas’ desire to reconsider previous landmark Supreme Court decisions, now that the court has stripped away federal abortion rights.
“So that would possibly be just the beginning of many decisions that could dismantle the equal rights of people in this country,” Chu said.
Democrats worry the conservative majority on the court would be inclined to do so.
“What could come next is the reversal on decisions on access to contraception, the same-sex marriage decision, as well as the ability to love who you want to love,” Chu said.
On CNN’s State of the Union, South Dakota Republican Governor Kristi Noem disagreed with that notion.
“I think it was very clear from Justice Alito that this indication on Roe v. Wade, and it being overturned, did not indicate that they were going to move on to other subjects and continue this type of decision,” Gov. Noem said.
However, Gov. Noem did not object to the possibility of the Supreme Court reconsidering the court decisions which presumed Americans have a constitutional right to privacy.
“My job as governor is to make sure that I’m protecting my people from federal government intrusion, doing my job and only my job, and not overstepping my authority,” Noem explained.
When asked if this includes decisions on same-sex marriage, Gov. Noem said she thinks “it will be a debate we continue to have.”
Beyond the Supreme Court, some Republican lawmakers have said that if Republicans win control of Congress, they could try to pass a law banning abortion nationwide. | https://cw33.com/news/washington-dc-bureau/lawmakers-concerned-over-future-supreme-court-decisions-after-roe-reversal/ | 2022-07-06T01:28:38Z |
Down 3 goals early, Wild rally past Kings 6-3
By MIKE COOK
Associated Press
ST. PAUL, Minn. (AP) — Matt Boldy and Jared Spurgeon each had a goal and an assist, helping the Minnesota Wild rally from an early three-goal deficit to beat the Los Angeles Kings 6-3. Kirill Kaprizov tied a franchise record with his 42nd goal and Mats Zuccarello, Marcus Foligno and Nick Bjugstad also scored as Minnesota ended a two-game slide and improved to 10-1-2 in its last 13 games. The Wild are also 8-0-1 in their last nine home contests. Rasmus Kupari, Carl Grundstrom and Adrian Kempe scored for struggling Los Angeles. | https://localnews8.com/sports/ap-national-sports/2022/04/10/down-3-goals-early-wild-rally-past-kings-6-3/ | 2022-04-11T02:05:47Z |
DUBLIN -- The Dublin VA Medical Center has procured a pair of veteran outreach vehicles for the clinic here.
Dublin VAMC is responsible for veterans in 49 counties — close to a third of the state of Georgia — and many veterans throughout that area are unaware that they may be eligible for VA health care benefits, officials at the clinic said. Also, some Veterans prefer not to drive significant distances to find out what benefits they may be eligible to receive.
The outreach vehicles will remedy those issue by going to many of the medical center's outlying counties to assist in enrollment and to showcase many of the programs Dublin VAMC provides to our nation’s heroes.
The new vehicles will serve as a proactive tool to reach unenrolled veterans where they are to answer their questions and assist them with eligibility and enrollment.
(Family Features) When you envision a California getaway, you may picture scenic shorelines, crashing waves and sun-kissed skies. You can find all of that and more if you make your way to Monterey County. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/features/dublin-va-clinic-purchases-outreach-vehicles/article_929a8098-b1c9-11ec-a5a3-c3e2f37295d4.html | 2022-04-02T15:28:39Z |
Breanna Stewart is always looking for ways to improve her game. This season, her efforts culminated in more career milestones.
The Seattle Storm forward led the WNBA in scoring for the first time in her career, averaging 21.8 points, and Tuesday she became the first player to repeat as The Associated Press WNBA Player of the Year.
Stewart received six votes for AP Player of the Year by the 10-member media panel narrowly edging A’ja Wilson, who received the other four votes. Stewart is the first two-time winner of the award since the AP voting began in 2016.
“It’s an honor to be recognized as the best in the league,” said Stewart, who also was the 2018 player of the year. “Since I started in the WNBA in 2016, just trying to get better. Elevate myself and the team, the league as a whole. A big honor, but we’re motivated by more and that’s trying to win a championship.”
Stewart’s fourth-seeded Seattle Storm begin their playoff run on Thursday in a best-of-three series against Washington.
The WNBA will announce its league awards over the course of the postseason, which begins Wednesday.
Wilson was selected as the AP’s Defensive Player of the Year, edging Alyssa Thomas and Natasha Cloud. Wilson anchored the Aces’ defense, averaging 1.9 blocks and 1.4 steals a game.
Her Aces’ teammate Jackie Young was chosen the most improved player.
Tanisha Wright became the first former WNBA player to win the AP Coach of the Year award. She was one of six former players to be head coaches in the league this season — five led their teams to the playoffs.
“It’s good practice to have former players on the bench whether they are head coaches or assistant coaches,” Wright said. “We’ve come up through the fire and put our stamp on the WNBA. I’m proud to be part of that group of players that have played in this league and impacted it in a different way now.”
Other AP winners included:
— Sixth Woman of the Year. Brionna Jones was a unanimous choice a year after winning the AP’s Most Improved Player. She averaged 13.8 points, 5.1 rebounds and 1.2 steals for Connecticut.
— Comeback Player of the Year. Alyssa Thomas earned the award after missing all but two games during the regular season last year because of an Achilles injury that she suffered in January 2021. Thomas averaged 13.4 points, 8.2 rebounds and 6.1 assists.
— Rookie of the Year. Rhyne Howard was the No. 1 pick of the Atlanta Dream and a near unanimous choice the award. Howard averaged 16.2 points and 4.6 rebounds this season, helping Atlanta win six more games than last season.
“Rhy put us on her back and made a statement for herself and the organization and franchise,” Wright said. “Carry that load and do it with the grace and poise she did it with, I’m super proud of her and her accomplishments.”
— All Rookie Team. Howard was joined on the AP all-rookie team by Shakira Austin of Washington, Rebekah Gardner of Chicago, NaLyssa Smith of Indiana and Sam Thomas of Phoenix.
— All-WNBA Teams. Stewart and Wilson were unanimous first-team selections. Joining them on the first-team are Candace Parker, Chicago; Kelsey Plum, Las Vegas; and Sabrina Ionescu, New York. The second team: Jonquel Jones, Connecticut; Nneka Ogwumike, Los Angeles; Alyssa Thomas, Connecticut; Courtney Vandersloot, Chicago; and Skylar Diggins-Smith, Phoenix.
POWER RANKINGS:
Las Vegas finished the year atop the power poll. Chicago, Connecticut and Seattle followed the Aces. Washington was fifth with Dallas, New York and Phoenix rounding out the top eight. Minnesota, Atlanta, Los Angeles and Indiana finished off the poll.
PLAYER OF THE WEEK
Wilson of Las Vegas earned the final AP Player of the Week honors after averaging 20.3 points, 10 rebounds and 3.3 assists to help the Aces go 3-0 and clinch the top seed in the playoffs. Other players receiving votes included Ionescu of New York, Stewart of Seattle and Chelsea Gray of the Aces,
___
More AP women’s basketball: https://apnews.com/hub/womens-basketball and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/breanna-stewart-earns-ap-wnba-player-of-the-year-honors/ | 2022-08-17T16:13:47Z |
Which coffee percolator is best?
The robust flavors and rich texture of percolator coffee is hard to mimic with other brewing methods. These vintage tools are largely similar to their original counterparts from the early 1800s and are ideal for bold coffee lovers and coffee connoisseurs.
If you’re looking for an all-around quality percolator that can brew enough for avid coffee drinkers, the Black and Decker Farberware 12-Cup Percolator is the top choice.
What to know before you buy a coffee percolator
Though they’re not as popular as they were before the automatic drip coffee machine hit the market, coffee percolators can brew a cup as strong as ever. They extract the flavors and oils by releasing steam and water through a central valve before the brewed coffee percolates back into the carafe.
Type
Percolators are either manual or electric. Manual ones require more supervision since there is no element regulating the temperature or time. However, they are typically lighter weight and easy to brew with while traveling.
Electric percolators offer more control over the brew temperature, which coffee aficionados may appreciate. They also offer convenience and peace of mind for busy households who may not want to watch a manual pot while it brews. Since electric percolators need a power source to work, they’re not ideal to take along on camping trips.
Capacity
Most percolators brew between 2 and 8 cups of coffee. Larger ones can brew up to 12 cups. One major difference between percolators and automatic drip coffee machines is that percolators measure coffee in 5-ounce cups rather than regular 1-cup units. Keep that in mind as you plan out which percolator is best for your household’s coffee habits.
Materials
Most percolator pots are made of stainless steel, aluminum or enameled steel. Stainless steel offers longer life and prevents stains. Aluminum percolators are lightweight and easy to handle. Enameled steel comes in more design options, though it is prone to mineral buildup and scorching.
They may also use glass, chrome, resin or plastic in their base parts, handles and lid caps. Regardless of materials, the base of the percolator should be wide enough to fit the heat source, and the handle should be comfortable to hold, even when the coffee is hot.
Maintenance
Since the water and grounds are both housed inside the carafe, it can get messy during the brewing process. You should clean the percolator and parts after brewing a pot to prevent stains and buildup.
Some old-fashioned percolators have permanent central drawing tubes or baskets. This makes it difficult to clean around those parts. Look for percolators that are easy to take apart, including those with a removable central drawing tube. If easy cleanup is a priority, ensure all the parts are dishwasher-safe.
What to look for in a quality coffee percolator
The best cup of coffee is not too bitter, not too acidic and not too weak. A high-quality percolator helps control the brewing process to produce a rich and complex flavor.
Filtration
Percolators operate a bit differently than other brewing methods. Because of this, their filtration needs are unique to each model. Some percolators require paper filters, while others don’t need any filters.
With many newer models, if your beans are ground course enough and the basket has small enough holes, you won’t need a paper filter to hold the grounds in place. This saves you time and money on paper filters that can be a messy part of your cleanup process. To be certain, check the manufacturer’s instructions to confirm before you brew.
Settings
Many electric percolators offer additional settings and features you won’t find on manual ones. A thermostat, automatic timer and warming plate can help you regulate the brewing process. These settings are also convenient if you’re used to an automatic drip coffee machine that you can set and walk away.
Some electric percolators also have a removable cord so you can easily pick up and move the carafe to pour fresh coffee at your convenience.
If your percolator has a warming plate, be mindful of how long you let it stay on, as that can overheat the coffee and make it taste even darker than it already is.
Durability
Brewing with percolators is an acquired skill to master. However, using manual percolators can be a bit more nuanced. Some scorching may occur with a manual percolator. High-quality ones are stain- and scorch-resistant and should be easy to clean with a mild abrasive.
How much you can expect to spend on a coffee percolator
You can expect to spend between $20-$80 on a percolator, depending on the materials and whether it’s manual or electric.
Coffee percolator FAQ
How much coffee can a coffee percolator brew?
A. That depends on the capacity of the pot. Most percolators can brew between 2 and 8 cups of coffee, while larger ones can brew up to 12 cups. Remember that percolators measure coffee in 5-ounce cups rather than regular 1-cup units.
How often do I need to clean my coffee percolator?
A. You should clean your percolator after each use. Since all the brewing equipment is inside the pot where the percolation happens, it can get pretty messy inside. Thoroughly clean it after you brew a pot to prevent stains and buildup. Dumping the grounds is easier with some percolators that don’t require paper filters. Look for percolators that are easy to take apart, including those with a removable central drawing tube. For an easy cleanup, make sure all the parts can go in the dishwasher.
What’s the best coffee percolator to buy?
Top coffee percolator
Black and Decker Farberware 12-Cup Percolator
What you need to know: This is a high-capacity coffee percolator with a few extra features that help brew a bold cup.
What you’ll love: This electric coffee maker can brew between 2 and 12 cups of coffee. It makes a strong and bold cup of coffee for those interested in deeper flavors. The warming plate keeps coffee at 195 degrees.
What you should consider: You need to either modify or brew without modern paper filters.
Where to buy: Sold by Amazon
Top coffee percolator for the money
Farberware Classic Yosemite Stainless Steel Coffee Percolator
What you need to know: This vintage percolator brews a classic cup of coffee at home or on the road.
What you’ll love: The percolator works on all heat sources: electric, natural gas, propane or over a campfire. The stainless steel construction is durable and appealing. There’s no need for paper filters with this filter basket design. All parts are dishwasher-safe. You can choose between an 8-cup or 12-cup capacity.
What you should consider: An 8-cup pot may be too small for some coffee drinkers. A manual percolator requires practice to produce a consistent cup.
Where to buy: Sold by Amazon and Wayfair
Worth checking out
GSI 15155 Blue 12-Cup Percolator
What you need to know: Sturdy construction and a farmhouse finish make this a great choice for brewing coffee in the great outdoors.
What you’ll love: Heavy-gauge enameled steel lends a cozy aesthetic to the pot. The wide base provides a stable foundation for brewing over a fire, propane, natural gas or electric heating element. A clear resin cap lets you monitor your brewing from above. Three-ply construction helps distribute heat evenly. It is dishwasher-safe and comes in five colors. You can choose between an 8-cup or 12-cup capacity.
What you should consider: Brewing coffee with a manual percolator has a steep learning curve and may require some practice to get the ratios right. Some customers complained about the materials, but the majority of users had positive feedback.
Where to buy: Sold by Amazon
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Katy Palmer 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/best-coffee-percolator/ | 2022-05-05T05:04:50Z |
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