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Jersey Mike’s raises record-breaking $20 million for Special Olympics
TOPEKA, Kan. (WIBW) - A record-breaking $20 million was raised nationwide for the Special Olympics during Jersey Mike’s Annual Month of Giving.
Jersey Mike’s says during its 12th Annual Month of Giving in March, it raised a record $20 million nationwide for the 2022 Special Olympics USA Games and State Programs.
The sub shop chain said its locations nationwide accepted donations throughout the month to build to the company’s Day of Giving on March 30, when over 2,000 restaurants donated 100% of sales - not just profits - to help local athletes attend the 2022 Games from June 5 - 12, in Orlando.
“What an incredible and heartwarming day,” said Caroline Jones, Senior Vice President, Jersey Mike’s Franchise Systems, Inc., and daughter of Founder Peter Cancro, about Day of Giving. “Our customers came out in droves buying subs to help our Special Olympics athletes. It created our biggest day of sales ever. Thank you to our customers, franchise owners, team members and Special Olympics family for making a difference!”
Jersey Mike’s said the fundraising total exceeded the $15 million raised during 2021′s campaign. It said since it began the Month of Giving in 2011, the sub shop said it has raised over $67 million for local charities.
“We are beyond humbled by the generosity of Jersey Mike’s and its customers,” said Joe Dzaluk, president & CEO, 2022 Special Olympics USA Games. “I was amazed at the energy and enthusiasm of the thousands of athletes, families and fans who visited Jersey Mike’s stores this month. We can’t wait for this June to display the grit, determination, and bravery of our athletes.”
Jersey Mike’s said from the beginning, its mission has been, “Giving... making a difference in someone’s life.”
In Kansas, Jersey Mike’s said its seven locations raised a total of $73,285.
For more information about Jersey Mike’s Month of Giving, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/05/jersey-mikes-raises-record-breaking-20-million-special-olympics/ | 2022-04-05T15:31:20Z |
Giants release veteran cornerback James Bradberry
EAST RUTHERFORD, N.J. (AP) — The New York Giants have released veteran cornerback James Bradberry. A starter for the team the past two seasons, including making the Pro Bowl in 2020, Bradberry is a salary cap casualty. He would have been a $21.9 million cap hit, so cutting him Monday will save about $10 million. The team can designate him a post-June 1 release and save another $1.5 million on the cap for 2022. The Giants attempted to trade the 28-year-old Bradberry, but his salary was an obstacle they couldn’t overcome. | https://localnews8.com/sports/ap-national-sports/2022/05/09/giants-release-veteran-cornerback-james-bradberry/ | 2022-05-09T20:29:15Z |
Suncoast agencies honor Flag Day
Published: Jun. 14, 2022 at 12:42 PM EDT|Updated: 12 minutes ago
SARASOTA, Fla. (WWSB) - Tuesday is Flag Day. It’s a day where we honor the American flag and the sacrifices made to keep our country safe.
Several organizations and agencies on the Suncoast took time to post flag raising ceremonies, photos and videos. Here are a few of these posts.
Bradenton Police:
City of Venice:
Manatee County Sheriff:
Charlotte County Sheriff:
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/14/suncoast-agencies-honor-flag-day/ | 2022-06-14T16:55:15Z |
Which black dress shirt is best?
The black dress shirt is among the most versatile pieces of clothing anyone can keep in their closet. It works for most professional events but is also easy to dress down. It is easy to pair with accessories but also looks great when worn on its own.
The best black dress shirt is the Calvin Klein Dress Shirt Slim Fit Noniron Herringbone. It’s 100% cotton, making it soft and moisture-wicking, and it’s available in most sizes.
What to know before you buy a black dress shirt
Fit
Black dress shirts typically come in three fits: regular, slim and full.
- Regular fit is the standard other fits are based against. It is a little loose and relaxed around most areas of the body and usually works when tucked or untucked.
- Slim fit, also known as athletic or tailored fit, is tight around most areas of the body. It’s best for lean bodies because it will feel and look too tight otherwise. It should also be kept tucked in.
- Full fit, also known as loose, is loose around the body. It’s best for those with larger or especially muscular bodies. It’s also best kept tucked in because it can seem tent-ish if worn untucked.
Finding the right size
Besides choosing the right fit, you also need to make sure your neck, chest, arms and waist measurements align with the shirts.
- Neck measurements are taken where the neck meets the shoulders.
- Chest measurements are taken around the chest and just under the armpits.
- Arm measurements are taken in two steps. First, measure from the back of the neck to where your shoulder ends and your arm begins. Secondly, measure from that point to your wrist and add the numbers together.
- Waist measurements are taken around the torso where the navel is.
What to look for in a quality black dress shirt
Material
Most black dress shirts are made of cotton or cotton blends, but there are also a few specialty materials.
- Cotton is most common simply due to its comfort. It’s soft, breathable and sweat-wicking, plus it’s almost always machine-washable.
- Cotton blends introduce synthetics, usually polyester or spandex, to the cotton. This reduces costs and adds some features. For example, polyester is more wrinkle-resistant, while spandex adds some stretch.
- Specialty materials include linen, broadcloth and Oxford cloth. Linen is more casual and perfect for hot weather but wrinkles easily. Broadcloth is ultra-soft and has a unique sheen that catches the eye. Oxford cloth is thick and built for wearing outdoors.
Design
Black dress shirts are typically solid black and available in lighter or darker shades. Some are available in patterns, such as geometric swirls or stripes. If choosing a black-and-white stripe dress shirt, be careful not to choose one that looks too similar to a referee’s shirt.
How much you can expect to spend on a black dress shirt
Black dress shirts can be as inexpensive as $15 or as expensive as $300. Most nonbrand options cost less than $50, while the average branded shirt costs $50-$100. Combinations of the top brands and the best materials start at $100 and go up.
Black dress shirt FAQ
How should I clean a black dress shirt?
A. That depends on the shirt and what it’s made of. Most black dress shirts are machine-washable, but some need to be hand-washed or dry-cleaned. If it’s machine-washable, you can’t just toss it in as-is. First, you need to completely unbutton the front and the sleeves and remove any collar stays it may have. You also need to wash it on your machine’s delicate setting to minimize the risk of damage. Once washed, it may need to be air-dried instead of machine-dried. Either way, it will likely need to be ironed before you hang it back in your closet.
What color suit should I wear with a black dress shirt?
A. Black dress shirts typically pair best with black or white suits. Most shades of gray also look great with black dress shirts.
What’s the best black dress shirt to buy?
Top black dress shirt
Calvin Klein Dress Shirt Slim Fit Noniron Herringbone
What you need to know: It is pure cotton and comes from a well-loved brand.
What you’ll love: The cotton material is naturally wrinkle-resistant and will wick away your sweat without becoming damp or unsightly. The shirt is machine-washable, and the collar works with or without a tie. It’s available in 14- to 18-inch neck sizes and 32- to 37-inch sleeve sizes.
What you should consider: It’s pricey due to the branding. Some consumers found it to be a little too wide in the waist considering it’s a slim fit.
Where to buy: Sold by Amazon and Macy’s
Top black dress shirt for the money
Kenneth Cole Unlisted Dress Shirt Slim Fit Solid
What you need to know: It’s low cost but plenty fashionable.
What you’ll love: It’s a 60/40 cotton and polyester blend that is lightweight, breathable, machine-washable and slightly wrinkle-resistant. The cuffs have two buttonholes to better tailor to your wrists. The front doesn’t have a pocket, which works well for outfits without a jacket. It’s available in 14- to 18.5-inch neck sizes and 32- to 37-inch sleeve sizes.
What you should consider: A few customers felt it was too wide to be a proper slim fit. Others felt the material was too thin.
Where to buy: Sold by Amazon
Worth checking out
Milano Moda Long Sleeve Dress Shirt with Matching Tie and Handkerchief
What you need to know: This set is an excellent and affordable way to add a complete look to your closet.
What you’ll love: The shirt is 35% cotton and 65% polyester for breathability and comfort. It includes a black-and-white striped tie and a handkerchief that matches the shirt and goes well with other shirts you may already have. It’s available in 15- to 18.5-inch neck sizes and 34- to 37-inch sleeve sizes.
What you should consider: The shirt is more prone to wrinkling, so it will need ironing before you wear it. Some purchasers struggled to find a size that fit them appropriately.
Where to buy: Sold by Amazon
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Jordan C. Woika 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/br/apparel-br/shirts-tops-br/best-black-dress-shirt/ | 2022-04-21T21:55:36Z |
CHICAGO, June 27, 2022 /PRNewswire/ -- M&A in the Metals industry is accelerating up and down the value chain, building on a trend observed throughout 2021 and the first half of 2022, according to an industry report released by the Metals investment banking team from Brown Gibbons Lang & Company (BGL).
Read the BGL Metals Insider – M&A Accelerating Across Metals Value Chain: https://bit.ly/BGLmetalsInsider
The report examines current drivers for consolidation in the Metals industry which are expected to sustain deal flow through the coming quarters:
Scrap transactions have been dominated by steel mills trying to vertically integrate to secure feedstock for existing and new mills under construction, while large recyclers also pursue acquisitions to shore up scale in anticipation of near-term capacity expansions. Steel Dynamics is the latest steel mill to announce a deal to further its raw material sourcing strategy with the acquisition of Mexico-based ROCA ACERO S.A. de C.V.
Downstream purchasing is occurring at a frenzied pace. Steel mills continue to be active buyers with increased furnace efficiency, closeness to the end user, margin enhancement, and growth among the benefits sought through acquisitions. Service centers are looking to acquire companies with more value-added processing to increase margin and help offset volatility in steel and other metal cost. Still other metals companies are seeking downstream acquisitions of fabricators to participate in market growth and increase margin, with end-markets such as solar, truck trailer, and warehouse and distribution seeing substantial growth. Gibraltar Industries (TerraSmart), Nucor Corporation (Hannibal Industries), and Commercial Metals Company (Tensar Corporation) are some strategics looking downstream to establish new growth platforms.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, Los Angeles, and Philadelphia, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, Inc., an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com.
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SOURCE Brown Gibbons Lang & Company | https://www.wibw.com/prnewswire/2022/06/28/bgl-metals-insider-mampa-accelerating-across-metals-value-chain/ | 2022-06-28T03:40:22Z |
BLOOMFIELD HILLS, Mich., July 13, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, announced today it will release its second quarter 2022 financial results on the morning of Wednesday, July 27, 2022. PAG will host an audio webcast and conference call to discuss these results later that day at 2:00 PM (Eastern).
The Company's earnings press release and related investor presentation will be accessible that morning on the company's website at www.penskeautomotive.com/investors.
HOW TO PARTICIPATE:
For telephone access to this conference call, please register in advance using this link: https://conferencingportals.com/event/dbtxjpcq
Upon registering, participants will receive a confirmation which includes dial-in numbers and a unique conference call access code and PIN for entry. We suggest registering at least 10 minutes prior to the start of the call.
To access the live audio webcast, please use the following link: https://events.q4inc.com/attendee/328850966
A rebroadcast of the audio webcast and conference call will be available approximately two hours after its initial completion for the following seven days. The replay may be accessed via www.penskeautomotive.com/investors.
About Penske Automotive
Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. PAG operates dealerships principally in the United States, the United Kingdom, Germany, Italy and Japan and is one of the largest retailers of commercial trucks in North America for Freightliner. PAG also distributes and retails commercial vehicles, diesel and gas engines, power systems and related parts and services principally in Australia and New Zealand. Additionally, PAG owns 28.9% of Penske Transportation Solutions, a business that manages a fleet of over 373,000 vehicles providing innovative transportation, supply chain and technology solutions to North American fleets. PAG is a member of the Fortune 500, Russell 1000, and Russell 3000 indexes, and is ranked among the World's Most Admired Companies by Fortune Magazine. For additional information, visit the company's website at www.penskeautomotive.com.
Inquiries should contact:
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SOURCE Penske Automotive Group, Inc. | https://www.wibw.com/prnewswire/2022/07/13/penske-automotive-group-schedules-release-second-quarter-2022-financial-results/ | 2022-07-13T21:49:00Z |
Acquisitions help Optimove advance the CRM marketing industry in delivering a one-stop, full-service multichannel marketing hub built for personalization at scale
TEL AVIV, Israel and LONDON, July 13, 2022 /PRNewswire/ -- Optimove, a leading CRM marketing platform, announced today it has acquired Graphyte, a real-time, cloud-based personalization platform optimizing the web and mobile experience for consumers. The announcement comes on the heels of Optimove's purchase of Kumulos, a leading provider of a personalized messaging platform for mobile applications. The combined purchase price of the two deals was not disclosed. The acquisitions help bolster Optimove as one of the most comprehensive CRM marketing platforms. Its AI-driven solutions autonomously determine the next-best-action for each customer, eliminating the need for marketers to manually map every customer journey.
With the new capabilities added to the Optimove platform, for the first time, marketers can deeply personalize every customer touchpoint, empowered by Optimove's hallmark capability of transforming customer data into customer-led journeys at scale. Optimove's Customer Data Platform unifies all customer data from all sources to create a comprehensive single customer view. Graphyte adds real-time content recommendations across any channel and touchpoint. Kumulos bolstered Optimove's journey orchestration engine, adding native mobile capabilities to allow brands to seamlessly orchestrate multichannel marketing journeys across the web, email, and mobile channels. The result is a one-stop, full-service multichannel marketing hub built for personalization at scale.
The new joint offering builds upon Optimove's ability to eliminate marketing misfires in cross-channel communication with customers to ensure the most relevant and the most personalized message reaches customers. It is helping marketers increase customer loyalty, retention, and lifetime value.
Newly acquired London-based Graphyte provides a real-time, cloud-based personalization platform for customer relationship programs and campaigns. The platform delivers improved conversion rates, click-through rates, and revenue uplift by leveraging personalized recommendations across channels. For example, Gala Bingo has driven a 35% turnover uplift using Graphyte's web personalization models and seen a 300% increase in site visits when providing intelligent recommendations in emails instead of traditional static emails.
Graphyte delivers improved business results because its platform enables marketers to serve personalized content recommendations and dynamically adapt their web, native mobile sites, and mobile apps to engage customers effectively. Graphyte provides over 20 different AI models that, unlike other personalization engines, empower marketers with complete control over how recommendations are made when testing and deploying personalized treatments, without needing to make any changes to the core CMS. Furthermore, personalized recommendations can seamlessly be embedded in outbound digital channels.
Pini Yakuel, CEO and Founder of Optimove, said, "With the addition of Graphyte, marketers can transform their customer data into personalized customer-led journeys at scale. Our platform seamlessly delivers real-time symmetric messaging across any channel and touchpoint. The Graphyte acquisition was a natural next step in our evolution. It is part of Optimove's relentless journey of empowering marketers to optimize customer data into deeper relationships, incremental sales, and loyalty at scale. The winner in these acquisitions is our clients and their customers."
Said Damien Evans, CEO of Graphyte. "Optimove's CRM Marketing capabilities are second to none. Our goal has always been to create unprecedented freedom for brands to realize their CRM marketing visions. We are confident that our machine learning personalization models, combined with Optimove, will enable brands to connect with their customers intelligently. We couldn't be happier to join forces with Optimove as an integral part of their offering."
Said Bob Lawson, co-founder of Kumulos, who is now Director of Mobile Offering at Optimove, "Kumulos has brought a unique blend of mobile messaging and engagement capabilities, such as geo-fencing and deferred deep linking, to enable personalized mobile-first experiences for brands. Marketers are already building mobile campaigns and journeys within Optimove."
A recent Forrester report underscored Optimove's evolution. The report entitled, The Forrester Wave™: Cross-Channel Campaign Management (Independent Platforms), noted, "Optimove transforms from CDP (customer data platform) to full-fledged CCCM (cross-channel campaign management) solution. Optimove leverages its CDP as a foundation for personalized customer-led journeys aligned with business key performance indicators (KPIs)."
Yakuel added, "If you think about marketers when they engage with their customers, it doesn't matter if they do it in one channel or another. It doesn't matter if they do it with a small amount of data or a lot. They want customer data to guide them properly in developing the best ideas and communication strategies. And they want symmetric communication across all the channels. Ultimately, that's what we're doing with these acquisitions – pushing the CRM industry forward while making sure marketers leverage customer data for value. Realizing the full value of customer data is a never-ending mission," he concluded.
With the acquisitions of Graphyte and Kumulos, marketers using Optimove are now empowered with the following:
- Symmetric multichannel journeys: Symmetry ends cross-firing messages that can confuse or alienate a brand's customers. It ensures customers view the same personalized recommendations in outbound campaigns when clicking through to the brand's website or mobile app. It is enabled when marketers leverage Graphyte's real-time, cloud-based personalization platform and Optimove's multichannel marketing platform.
- Geolocation-triggered personalized recommendations: An example of geolocation is triggering relevant product recommendations when customers walk into a retailer's store. Marketers now have the power to meet the customer in the moment by maximizing Graphyte's product recommendation relevancy, leveraging past-purchase behavior from tens of thousands of customers, and combining it with Kumulos' geo-fencing technology to trigger personalized messages to customers' mobile apps.
- True 1-to-1 personalization: 1-to-1 personalization means the ability to overlay powerful AI-based models with historical customer data, such as customers' loyalty tiers or RFM attributes. Marketers can now achieve this by selecting one of Graphyte's 20 distinct, open AI models to personalize player experiences based on robust segmentation from Optimove's Customer Data Platform.
Joint customers will benefit from synergies which will see Graphyte's models enriched with robust data from Optimove's CDP. At the same time, the models' results will be readily accessible within customer profiles inside Optimove for segmentation, activation, and analysis. Joint customers will soon be able to reap these benefits and more.
Separately, Optimove announced in September 2021 that it raised $75 million in funding to accelerate its platform development through M&A and strategic hiring, already increasing its workforce to 370 employees.
Optimove is a leading CRM Marketing Platform, empowering brands to personalize CRM journeys at scale with customer insights, AI-led orchestration, and all the channels they need in one place. With a customer data platform (CDP) at its core, Optimove leverages AI to autonomously surface valuable customer segments, orchestrate self-optimizing CRM journeys, and accurately deliver the marketing interaction of the highest incremental impact across email, mobile, web, and more. Optimove has been recognized as a Cross Channel Campaign Management Leader by Forrester and a Customer Data Platform (CDP) Leader for Retail and CPG by IDC. Optimove's clients gave it a 95% "Willingness to Recommend" score on Gartner Peer Insights. Optimove is used by leading brands, including Dollar Shave Club, BetMGM, SodaStream, Pennsylvania Lottery, Papa John's, and Staples, to maximize customer loyalty, retention, and lifetime value. For more information, go to www.optimove.com
Contact: press@optimove.com
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SOURCE Optimove | https://www.wibw.com/prnewswire/2022/07/13/optimove-acquires-cloud-based-personalization-platform-graphyte-following-purchase-kumulos/ | 2022-07-13T14:07:27Z |
Festival To Take Place October 8-9 At Central Park In Old 4th Ward Atlanta.
ATLANTA, June 22, 2022 /PRNewswire/ -- In its twelfth year in existence and second year in partnership with Live Nation Urban, ONE Musicfest (OMF), the Southeast's premier urban progressive music and arts festival – has announced the lineup for its 2022 two-day festival taking place Saturday, October 8th and Sunday, October 9th, 2022, at Central Park, located at 395 Piedmont Ave NE, Atlanta, GA 30308 in the Old Fourth Ward neighborhood of Atlanta, GA. This year's new location in Old 4th Ward brings you a bigger venue, four stages, and more music. Not only will OMF utilize Central Park but also Renaissance Park, and the Civic Center, doubling its size from last year.
Please find the ONE Musicfest map, schedule, and full lineup on the website.
With over 35,000+ attendees last year, ONE Musicfest has become known for its eclectic mashup of unforgettable superstar and emerging artists, high-energy performances, and unique cultural experiences.
ONE Musicfest also welcomes BET as a partner who will turn the festival grounds into a Black Joy Playground.
In addition, this year's festival will host over forty food trucks and more than fifty vendors to patronize.
J. Carter, Founder of ONE Musicfest, states, "We are super excited about this year's line-up and new location. One thing we pride ourselves on is creating a diverse line-up that reflects the vast & beautiful breath of Black Music and Culture. We are also taking over the 4th Ward Area in Atlanta, GA, and increasing our footprint to four stages instead of three. ONE Musicfest 2022 will be our biggest year yet, but we still plan to keep the energy and vibrations intimate and comfortable."
The 2022 One Musicfest Lineup includes (in alphabetical order):
Ashanti & Ja Rule, Beenie Man, City Girls, Gucci Mane, Jazmine Sullivan, Jeezy, Lil Baby, Ms. Lauryn Hill, Rick Ross, Tems, and more.
To hear music from the artists performing at this year's festival, listen to ONE Musicfest Radio only on Pandora. Listen here.
ONE Musicfest tickets are available here and range from general admission entry @ $169.00 to Titanium packages @ $5500.00. Please go to ONE Musicfest's website for details on packages.
Sponsors include:
Toyota, Jack Daniels, Bacardi, Pandora, Monster Energy, and more
In its twelfth year, ONE Musicfest (OMF) is the Southeast's largest two-day urban progressive music festival and has become a destination festival attracting over 50,000+ diverse music lovers from all over the nation. OMF has become known for its eclectic mashup of urban artists that have included H.E.R., SZA, Kendrick Lamar, Summer Walker, Pharrell, Lil Wayne, 2 Chainz, Miguel, Outkast, Gucci Mane, Usher, Rick Ross, Lucky Daye, Lauryn Hill, Anderson Paak, Erykah Badu, DVSN, Damian Marley, Ari Lennox, A$AP Rocky, T.I, Jill Scott, The Roots, Jhene Aiko, Janelle Monae and many more!
Live Nation Urban (LNU) is a partnership with Live Nation Entertainment, the world's leading live entertainment company. Specifically focusing on Hip-Hop, R&B, and Gospel, LNU builds platforms, events, and festivals globally and develops dynamic content strategies based upon the live properties created. Live Nation Urban considers itself the most powerful source for live urban music. For additional information, visit www.livenationurban.com.
Social:
Twitter: @onemusicfest #ONEMusicFest #OMF2022
Instagram: @onemusicfest #ONEMusicFest #OMF2022
Facebook: Facebook.com/ONEMusicFest
Website: onemusicfest.com
For more information, contact:
ONE MusicFest
Tresa Sanders: tresa@tre-media.net
Live Nation Urban
Carleen Donovan: carleen@theoriel.co
Nina Lee: nina@theoriel.co
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SOURCE ONE MusicFest | https://www.wibw.com/prnewswire/2022/06/22/one-musicfest-amp-live-nation-urban-announces-2022-lineup-performers-include-lil-baby-ms-lauryn-hill-jazmine-sullivan-rick-ross-gucci-mane-jeezy-ashanti-amp-ja-rule-city-girls-beenie-man-tems-more/ | 2022-06-22T14:21:24Z |
HANGZHOU, China, Aug. 8, 2022 /PRNewswire/ -- Would you like to discover the Picturesque and Dynamic Zhejiang? Here is a chance to show your talent! Now "Picturesque and Dynamic Zhejiang" Global Short Video Competition is inviting internet users worldwide to create and share short videos featuring Zhejiang with others.
I. Entry requirements
Anyone worldwide can participate with an internet connection.
1. Submission
From now on to Sept. 20
2. Ways to participate
"Upload to TikTok and add the hashtag #PicturesqueandDynamicZhejiang."
Expat creators resident in China can participate by visiting the application page through above platforms. After completing the registration form, you can upload your original video clips.
Entries can also be sent as an attachment or as a link to a web drive (Baidu or Google Drive) with a password to meilizhejiang@qq.com (please specify "author - artwork title - your contact number" in the subject line of the email, and describe the artwork in the body of email).
3. Requirements for entries
Entries can be submitted on behalf of any organization, professional studio or individual.
There is no limitation for the form or format of the submitted work. Creativity is encouraged, and applicants can use either professional filming equipment or a mobile device.
There is no restriction for the language of the submitted work. Those in languages other than Chinese or English must be dubbed or subtitled.
The submitted work should be based on real life and related to Zhejiang. The submission must not contain pornography, acts or scenes of violence, content that could be considered racially discriminatory or embedded advertisements.
Submission of the work explicitly authorizes the organizing committee to use the work for the promotion of the event or exhibition. The host has the copyright and dissemination rights of the works that win the organizing committee's Special Award, the Best Communication Award and the First Prize; it also has the dissemination rights and adaptation rights of other winning works. Both parties (the author and the host) shall sign relevant authorization agreements.
Entries from applicants submitting for the Professional Category Awards must have a resolution of 1280*720 or higher. MPG, MPEG, AVI, MOV, WMV and MP4 formats are accepted.
II. Awards
In order to attract professionals and maximize participation, the competition is divided into two categories: Professional and General. The Special Award is set to enhance the global communication of the competition.
1. Special Award from the Organizing Committee (1)
A prize of 1 million yuan (pre-tax – all awards are subject to the same tax provisions) will be awarded to a submitted work (or series of works) that is innovative, well-produced and creates an outstanding communication effect.
2. Professional Category Awards (14)
Videos must be 7 minutes or less in length. The selection criteria is mainly based on creativity and professionalism of the work, combining the dissemination data during the contest period.
One first prize (300,000 yuan/each), three second prizes (80,000 yuan/each) and ten third prizes (20,000 yuan/each) will be granted. The winning work can be a single work or a series of works, and all entries submitted as a series of works will be counted as one entry during the selection process. (the same below)
3. General Category Awards (15)
Videos must be 2 minutes or less in length. The selection criteria is mainly based on the work's communication effect and creativity. Scores tabulated by the evaluation committee will be taken into consideration by the jury.
One first prize (150,000 yuan/each), four second prizes (50,000 yuan/each) and ten third prizes (10,000 yuan/each) will be granted.
4. Best Communication Award (2)
Among all entries that meet the requirements, the one with the best online communication effect and the one with the best overseas communication effect will be awarded as the Best Online Communication Award and the Best Overseas Communication Award, with a prize of 200,000 yuan/each. The two awards will not be given to the same entry.
5. Participating organizations or individuals will have chance to receive awards and certificates. Winning works will be exhibited on Chinese media platforms, and the creators could share their creative ideas, contributing to cultural exchanges between China and other countries.
The beauty of Zhejiang is waiting to be discovered by creators globally, while the dynamic development of Zhejiang will be shared worldwide.
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SOURCE Beautiful Zhejiang short video matrix | https://www.wibw.com/prnewswire/2022/08/08/picturesque-dynamic-zhejiang-global-short-video-competition-launches/ | 2022-08-08T13:54:35Z |
Highly poisonous death cap mushroom identified in Boise
BOISE, Idaho (KIFI) - The first confirmation of death cap mushrooms (Amanita phalloides) in Idaho was recently reported to the Idaho Division of Public Health.
An amateur mycologist spotted the mushroom under an oak tree in an established neighborhood in Boise.
DNA testing by a laboratory pathologist confirmed the identification. It may be present and undetected in other areas.
Death cap mushrooms are highly poisonous and cause most deadly mushroom poisonings worldwide. They can look like edible mushrooms (such as paddy-straw mushrooms or puffballs), but eating as little as half a mushroom cap can kill an adult. A small portion can kill a dog. Cooking does not make the death cap mushroom safe to eat.
Early symptoms of death cap mushroom poisoning are persistent and violent vomiting, abdominal pain, and profuse, watery diarrhea 6 to 24 hours after eating the mushroom. These symptoms generally last a few hours, after which there is an apparent recovery with no symptoms for a few days. Then jaundice, loss of strength, coma, and death can occur from liver failure and kidney failure.
Early treatment is critical to decrease the chance of dying or needing a liver transplant.
When in doubt, throw it out!
Death cap mushrooms are not the only poisonous mushroom in Idaho. Generally, do not eat any wild mushroom that has not been identified by an expert. See wild mushroom identification and buying guide HERE.
When in doubt, throw it out!
What to do for potential mushroom poisonings
If you or your child has eaten an unidentified wild mushroom, call the poison center at 800-222-1222 right away, call your healthcare provider, or to go the emergency room.
If your pet has eaten a wild mushroom, call the ASPCA Animal Poison Control Center’s 24-hour hotline at 888-426-4435 or your veterinarian or veterinary emergency clinic.
What to do if you find them in your yard
Death cap mushrooms are found near imported trees in gardens, parks, and urban areas but can spread to wild areas over time. In other regions, death cap mushrooms appear in late summer through December, or year-round. Seasonal risk in Idaho is unknown.
To help avoid spreading death cap mushrooms to other areas, remove the mushrooms from your lawn before mowing. Grasp the mushroom low on the stalk and pluck it from the soil.
There is no evidence that hand contact with death cap mushrooms is dangerous, but wearing gloves will protect your skin from germs in the soil. Wash your hands thoroughly after touching the mushrooms or surrounding soil.
Dispose of the mushrooms in the garbage. Do not compost at home or put in the city compost cart. Do not put death cap mushrooms in wood chip containers or trucks. Clean and disinfect garden tools after using them around affected trees. Spraying will not eradicate death cap mushrooms.
Submit photos of death cap mushrooms to iNaturalist.org to help track the spread of this mushroom in Idaho. | https://localnews8.com/news/idaho/2022/04/08/highly-poisonous-death-cap-mushroom-identified-in-boise/ | 2022-04-08T22:57:24Z |
Which quiet portable generators are best?
Generators are notoriously loud, dirty and heavy, all features that generally mean they aren’t ideal for taking on the go or setting up close to a location where you or other people will be spending any significant amount of time. Thankfully, these days, there are many models that weigh less than 30 pounds and that make little to no noise.
If you have high power needs, you’ll want to go with a traditional gas-powered generator like the Honda EU1000i Inverter Generator. This model can handle demanding appliances, yet is still reasonably quiet and portable, topping out at 59 decibels under max load and weighing just 27 pounds. For smaller devices like laptops, phones and other low-power applications, a solar generator may be all you need. These compact devices can weigh as little as 10 pounds and make essentially no noise.
What to know before you buy a quiet portable generator
Solar vs. gas
Generators can be powered by one of three fuel types: solar energy, gasoline or propane. When it comes to portable models, gas and solar are the two best options. Without a doubt, solar models stand out above gasoline generators when it comes to noise because they’re almost completely silent. However, solar generators can’t compete with gas models when it comes to output. Also, unlike with solar generators, you can easily refill the fuel tank on gas models anytime you want to continue powering your devices all day or all night long. You’ll have to decide which aspects of a generator are most important for your needs.
Output
Every generator has a maximum output that dictates how many or what kind of devices and appliances it can power. This is rated in watts, and the more watts a generator can output, the more demanding appliances it can power. You can get an idea of how much power you need by looking at the ratings on the devices and appliances you plan on connecting to your generator. It should be noted that the advertised rating on most generators is the peak power output. The continuous running power output may be anywhere from 10%-20% less.
Runtime
The runtime of both solar and gas generators is dependent on their load. On solar generators, this is specified as watt-hours. If you have a 500 watt-hour solar generator and wanted to run a 40-watt light bulb, you could do so for 12.5 hours before you would run out of juice.
On gas generators, the estimated runtime is listed by the manufacturer in the product description. It’s nearly always advertised at a quarter load. For example, you may see a 2,000 peak-watt generator with 1,600 running watts stated as having a 10-hour runtime at a quarter load. This means it could run for 10 hours while powering a 400-watt device before running out of gas.
What to look for in a quality quiet portable generator
Outlets and ports
Portable generators can have any mix of outlets and ports. These include two- and three-prong outlets, 12-volt DC ports and Type-A and Type-C USB ports. The more outlets and ports a generator has, the more devices you can power at one time. You’ll still need to keep in mind the maximum output of a generator, as this will also play a role in how many devices and appliances you can power simultaneously.
Eco-mode
Generators with an eco-mode can automatically adjust their engine speed based on the load. This can significantly increase the runtime from a single tank of gas because the generator will be running more efficiently and only producing the amount of power it needs.
Fuel gauge
Both gas and solar power generators can be equipped with a fuel gauge. In the former, it may be an analog gauge or digital display, while in the latter it’s always in the form of a digital display. If you purchase a gas-powered generator that doesn’t have a fuel gauge, you’ll need to remove the fuel cap and slosh the tank around a little bit while peering inside to get an idea of how much gas is left.
Low-oil pressure indicator
Running a gas-powered generator with low oil pressure can cause severe and sometimes irreparable damage to its engine. Purchasing a model that features a low-oil indicator can reduce the chances of this happening.
Parallel connector ports
If you want a small and lightweight generator for portable use but sometimes know that you’ll need more output than a portable model can offer, consider purchasing two generators that feature parallel connector ports. This allows you to take just one along for portable use when you don’t have very high power needs, and then bring both when you have greater energy needs and connect them in parallel to power-demanding appliances.
How much can you expect to spend on a quiet portable generator
If purchasing a solar portable generator, expect to spend $100-$1,000, depending on your power needs. You’ll spend additional money on solar panels too. For a portable gas-powered generator, you can expect to spend $300-$2,000.
Quiet portable generator FAQ
Is it safe to use a generator indoors?
A. Gas and propane generators should never be used indoors because they release noxious fumes that can cause you to get sick or even potentially die if you inhale too much. Conversely, solar generators don’t release any fumes and can be used indoors or outdoors.
Can I power sensitive electronics like phones and laptops from a generator?
A. You can use a generator to charge sensitive electronics as long as it’s an inverter generator. These produce stable sine waves so you don’t have to worry about harming your device.
What’s the best quiet portable generator to buy?
Top quiet portable generator
Honda EU1000i Inverter Generator
What you need to know: Those looking for a quiet and lightweight gas-powered model will be hard-pressed to do better than the EU1000i.
What you’ll love: It can run for 8 hours on half a gallon of gas and tops out at just 59 decibels when running at full load. It stands up to harsh elements well.
What you should consider: It carries a high price tag for a generator that only produces 1,000 watts of power.
Where to buy: Sold by Amazon and Home Depot
Top quiet portable generator for the money
Goal Zero Yeti 150 Portable Generator
What you need to know: It may not be the most powerful option, but the Yeti 150 is impressively compact and easy to take on the go.
What you’ll love: It can be recharged via solar panels, a 12-volt car outlet or standard AC power. Also, its square shape and retractable handle means it packs well into overstuffed vehicles.
What you should consider: It’s best for charging small devices like laptops and phones and wouldn’t be suitable for appliances or high-wattage light bulbs.
Where to buy: Sold by Amazon and Home Depot
Worth checking out
Jackery Explorer 1000 Solar Generator
What you need to know: Offering a high capacity for a solar model, the Jackery is ideal for those trying to go green but who still have high power needs.
What you’ll love: It makes absolutely no noise, so you could easily use it inside your tent without being disturbed. Plus, it has several outlets and ports for hooking up multiple devices at the same time.
What you should consider: There are some complaints of the company offering poor customer support.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/camping-outdoors-br/gear-br/best-quiet-portable-generator/ | 2022-07-29T17:48:28Z |
IRVINE, Calif., April 11, 2022 /PRNewswire/ -- Alpha Motor Corporation (Alpha) and Hinduja Tech (HT) have entered a Memorandum of Understanding (MoU) to affirm mutually beneficial collaboration opportunities between the two organizations. The scope of cooperation includes the development and production of electric vehicles, postproduction support, joint research, and development of other mobility projects.
HT's experience in End-to-End Automotive Product Development from Concept to SOP plus a period of support with an assurance to reduce the Product Cost will strengthen this partnership.
"Our vision and experience in the efficient production of high-quality electric vehicles align seamlessly with HT and their ethos. We are excited to announce our partnership with HT which fits in with Alpha's growth plans and further boosts our commercialization efforts," said Jada Lee, Vice Chairman of the Board at Alpha Motor Corporation.
Added Lee, "We aim to provide accessible electric vehicles to our consumers while fulfilling our social responsibility. As we continue to take strides to achieve our aspirations, we embrace partnerships such as the one we have with HT."
The envisioned alliance will be a value addition for Alpha to further improve its efficacy in the overall development process of its electric vehicles with the assistance of an experienced global leader in automobile commercialization.
Hinduja Tech's diverse portfolio of product co-development using its unique Frugal Engineering Paradigm with a strong focus on 'zero-base design to cost process' ensures sustainable profitable innovation. Alpha Motor Corporation's expertise in achieving carbon neutrality through clean energy vehicle creation will help bring the shared vision of developing next-gen vehicles. The joint interest and intention will play a pivotal role to accomplish the mission through cost-effective and consumer-conscious solutions.
"With the broad automotive product design experience and manufacturing know-how, HT is thrilled to co-develop new-age electric vehicles for Alpha while ensuring sustainability in every stage of product development," said Vijay Malik, Head-Americas Sales and Global Marketing of Hinduja Tech.
HT will continue to support Alpha in accomplishing its business plans, and in the process will firm up the partnership between the two organizations.
About Alpha Motor Corporation
Alpha Motor Corporation is an American Automobile Company based in Irvine, California with business partnerships spanning across the US, Europe, the Middle East, and South Korea. The company specializes in digital automotive development and virtual validation to efficiently commercialize the next generation of clean energy vehicles. The company's ethos to Move Humanity™ represents synergy for continuous improvement of innovation to enrich humanity with sustainable solutions in mobility.
About Hinduja Tech
Hinduja Tech (HT), part of the multi-billion dollar Global Business Conglomerate, Hinduja Group, is the Integrated Product Engineering and Digital Solutions Provider for the disruptive mobility Industry, with a leadership position in Electric Vehicle (EV) & Autonomous space.
Hinduja Tech's 60+ client list from Fortune 100 includes 7 of the top 10 Global Auto OEMs, leading disruptive and emerging OEMs & Global Tier-1, 2 Suppliers.
HT Global Office Locations: US, Canada, Mexico, India, UK, Germany, Japan, China, Romania
Please contact pr@alphamotorinc.com for more information.
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SOURCE Alpha Motor Corporation | https://www.kxii.com/prnewswire/2022/04/11/alpha-motor-corporation-enters-mou-with-world-class-e-mobility-engineering-company-hinduja-tech-develop-electric-vehicles-mass-production/ | 2022-04-11T16:15:15Z |
GRAND RAPIDS, Mich., Sept. 6, 2022 /PRNewswire/ -- As back-to-school time approaches, one National Heritage Academies (NHA) educator and leader offers advice and tips to help children who are anxious about the first day of school.
Dean of Intervention and Special Education at NHA's Andrew J. Brown Academy Kristin Young had many good ideas. Two are key to Young. The first is to set up routines, processes, and procedures related to school in your home.
"At school, we use routines, processes, and procedures to make our school day function more productively," Young said. "I believe parents can do the same at home. For instance, always leave the backpack in the same place at home. After homework is done, return it to the backpack."
"The second key item is to help your child get their day off to a good start," she said. "Being late or yelling at your child in the morning, sets them up for a rough start to the day."
Young had more tips to help student anxious about the first day of school:
- Talk to your child. Find out what they are worried about. Offer empathy and let them know that it is reasonable to be worried. Problem solve solutions to ease their worry.
- Focus on the positives of school by asking your student, "What are three things that excite you about the first day of school?" You could re-word that and ask your child that question every day.
- If you are able, take your child to the school's open house so they can become familiar with their teacher and school. Have the student practice walking from the school's front door to their classroom. If you missed the open house, go to the school and walk around the grounds to make them familiar with the school.
- Prepare for the first day, and every day, the night before. Set out their uniform or clothes, make lunch and have it in the refrigerator, pack the backpack and be ready to walk out the door, so they can get to school on time.
- Make sure your student gets enough rest.
- Make sure your child arrives to school on time or early the first day. Some students become upset when they must walk into class once class has already started.
Lastly, remember parents and teachers are on the same team with the same goal: educating your child. Always know a teacher's door is open, so make sure to ask questions and share concerns and feedback directly with your child's teacher right away. Creating this relationship ensures you're both aligned in achieving student success.
National Heritage Academies (NHA) is a network of 98 tuition-free, public charter schools across nine states, serving more than 60,000 students in kindergarten through 12th grade. For more information, visit nhaschools.com.
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SOURCE National Heritage Academies | https://www.wibw.com/prnewswire/2022/09/06/national-heritage-academies-educator-offers-tips-help-children-anxious-about-first-day-school/ | 2022-09-06T20:38:18Z |
Planet Fitness offers high school teens free workouts all summer
(WXIX/Gray News) - Planet Fitness is offering free workouts to high schoolers ages 14-19 this summer.
The offer is good at all of Planet Fitness’s 2,200 locations from May 16-Aug. 31.
Need more motivation? All participants who sign up starting May 16 are automatically entered into the Planet Fitness High School Summer Pass Sweepstakes.
Planet Fitness will award one $500 scholarship in each state (and the District of Columbia), and one grand prize $5,000 scholarship at the end of the summer.
These scholarships can be used for academic or athletic activities or programs.
It’s part of the High School Summer Pass initiative, formerly the Teen Summer Challenge, which was launched in 2019 and saw more than 900,000 teens sign up and complete more than 5.5 million workouts over the summer.
You can pre-register here.
Teens under 18 must register with a parent or guardian online or in-club.
A Planet Fitness spokesperson cites a study that says less than 15% of teens met the 60-minute daily physical activity recommendation during the pandemic.
A national study commissioned by Planet Fitness further found 93% of American teens want to stay healthy and active but lack motivation or access.
The High School Summer Pass is envisioned as a solution when school sports programs, gym classes and after-school activities wind down.
“As the leader in fitness, we believe we have a responsibility to provide a welcoming, safe, and Judgement Free environment for high school students to improve their physical and mental wellness, particularly given the challenges they have and continue to face in the wake of the pandemic,” said Chris Rondeau, chief executive officer at Planet Fitness.
“Our study found that nearly all (92%) high school students agreed that when they are regularly physically active, they feel much better mentally. Fitness is about feeling good, too, and our hope is that High School Summer Pass empowers teens to create life-long workout habits to help them succeed in every aspect of their lives.”
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/03/planet-fitness-offers-high-school-teens-free-workouts-all-summer/ | 2022-05-03T06:59:22Z |
DENVER, Aug. 5, 2022 /PRNewswire/ --
- Net sales of $906.8 million, including core revenue growth of 3.6%, compared to a record prior-year period.
- Net income attributable to shareholders of $53.1 million, or $0.19 per diluted share.
- Adjusted Net Income of $90.2 million, or $0.32 per diluted share.
- Adjusted EBITDA of $180.1 million.
Gates Industrial Corporation plc (NYSE: GTES), a leading global provider of application-specific power transmission and fluid power solutions, today reported results for the second quarter ended July 2, 2022.
Ivo Jurek, Gates Industrial's Chief Executive Officer, commented, "I'm pleased with our performance, which represents solid improvement from the first quarter under difficult operating conditions. Underlying demand trends for our products are constructive across most of our markets and our backlog has continued to grow. We have targeted capacity additions underway to support the progress we've made with our growth initiatives, which will alleviate capacity constraints we're facing in certain product lines. Also, the pricing actions we've taken have allowed us to offset the significant inflation and deliver solid sequential margin expansion."
Jurek continued, "We are experiencing more significant FX headwinds and navigating operational challenges arising from external factors, primarily the persisting unreliable supply of certain key raw materials. While we see our business in China steadily improving, it will take additional time to fully recover as our customers and suppliers progress towards more normal operating levels. Our business model is resilient, focused on delivering mission-critical, highly engineered solutions for demanding applications. Over the past several years, we've steadfastly invested in innovation and our growth initiatives, which are contributing to the solid order flows we're seeing. We have a strong team in place and are focused on managing through the present challenges to support our customers' needs. With targeted capacity coming online and continued benefit from pricing actions, we believe we are well positioned to continue to deliver sequential revenue and margin improvement in the second half of the year."
Second-quarter net sales of $906.8 million decreased 0.9% over the prior-year quarter's record net sales of $915.1 million, including a 3.6% core revenue increase offset by unfavorable foreign currency impact of 4.5%. The core revenue increase was led by the industrial end markets and achieved despite the negative impact of the suspension of the Company's business in Russia and strict COVID lockdowns in China. The Mobility and Diversified Industrial end markets generated the highest growth rates, while the Off-Highway and Energy end markets also performed well in the quarter.
Net income attributable to shareholders in the second quarter was $53.1 million, or $0.19 per diluted share, compared to net income attributable to shareholders of $96.9 million, or $0.33 per diluted share, in the prior-year period. Adjusted Net Income was $90.2 million, or $0.32 per diluted share, compared to $125.6 million, or $0.42 per diluted share, in the prior-year period. The diluted weighted-average number of shares outstanding in the second quarter of 2022 was 286,038,818 compared to 297,774,142 in the second quarter of 2021.
Second-quarter Adjusted EBITDA was $180.1 million compared to $216.0 million in the prior-year quarter. The decline was primarily the result of the negative impact of the suspension of the Company's business in Russia and strict COVID lockdowns in China, as well as operational inefficiencies stemming from supply chain challenges. Pricing actions offset the impact of significant inflation. Second-quarter Adjusted EBITDA increased by 14.9% compared to the prior quarter, with more favorable pricing offsetting the impact of the aforementioned headwinds related to Russia, China and the supply chain.
Power Transmission net sales decreased 7.7% to $543.0 million in the second-quarter compared to the prior-year quarter, reflecting a core revenue decrease of 2.4% and unfavorable foreign currency effects of 5.3%. The segment saw solid growth in the Mobility and Diversified Industrial end markets offset by its disproportionate exposure to the headwinds in Russia and China, as well as the raw material availability challenges.
Power Transmission Adjusted EBITDA was $102.4 million compared to $149.6 million in the prior-year quarter. The decline in Adjusted EBITDA was driven primarily by lower volumes in China and Russia, as well as production inefficiencies due to raw material availability challenges. The segment also experienced inefficiencies from start-up costs related to the ramp-up of targeted capacity, which is expected to come online in the second half of the year in support of the Company's growth initiatives.
Fluid Power net sales increased 11.4% to $363.8 million in the second-quarter, as compared to the prior-year quarter, reflecting a core revenue increase of 14.3% and 2.9% of unfavorable foreign currency effects. The segment generated double-digit core revenue growth across all end markets, with the strongest growth coming in the Automotive Replacement business.
Fluid Power Adjusted EBITDA was $77.7 million compared to $66.4 million in the prior-year quarter, resulting in margin expansion of 110 basis points compared to the prior-year period. The increase in Adjusted EBITDA includes strong price realization to offset inflation, as well as contributions from higher-margin, recently introduced products.
During the second quarter of 2022, the Company generated $23.6 million of cash from operations. Second-quarter capital expenditures decreased to $20.1 million from $23.8 million in the prior-year period.
As of July 2, 2022, the Company had total cash and cash equivalents of $393.2 million and total outstanding debt of $2.6 billion, as well as committed borrowing headroom of $404.3 million.
To reflect the current market conditions, the Company is updating its full-year 2022 outlook. The Company continues to see the demand environment as constructive and now expects core revenue growth in the range of 6% to 9%. Adjusted EBITDA is now expected in the range of $705 million to $755 million, reflecting the negative impact of larger foreign currency headwinds from a stronger U.S. dollar, continued supply chain challenges and China exhibiting a slower pace of recovery from the COVID lockdowns. Adjusted Earnings per Share are now expected to be between $1.15 and $1.25, reflecting the negative impact of the aforementioned items partially offset by favorable impact from tax, non-controlling interest and other items. The updated Adjusted Earnings per Share range continues to include tax and other headwinds of $0.27 per share at the midpoint, primarily due to benefits from certain discrete tax items in 2021. The Company expects capital expenditures to be approximately $100 million and Free Cash Flow conversion is now expected to be greater than 75% of Adjusted Net Income, reflecting higher inventory levels to mitigate the supply chain reliability challenges.
Gates Industrial Corporation plc will host a conference call today at 10:00 a.m. Eastern Time to discuss the Company's financial results. The live webcast of the conference call and accompanying presentation materials can be accessed through Gates Industrial's website at investors.gates.com. For those unable to access the webcast, the conference call can be accessed by dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation Second Quarter 2022 Earnings Conference Call or providing the Conference ID of 5772067. An audio replay of the conference call can be accessed by dialing (800) 770-2030 (domestic) or +1 (647) 362-9199 (international), and providing the passcode 5772067, or by accessing Gates Industrial's website at investors.gates.com.
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment ("first-fit") manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation. Our products are sold in more than 120 countries across our four commercial regions: the Americas; Europe, Middle East & Africa; Greater China; and East Asia & India.
This press release contains 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. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. These statements include, but are not limited to, statements related to expectations regarding the performance of the Company's business and financial results (including growth initiatives and margin expansion), expectations regarding the supply chain (including raw material and logistics availability, timeliness and costs), demand trends and growing backlog, currency-related trends, cash generation capabilities, capital deployment options, investments in innovation, investments in production capacity, product initiatives, pricing actions, the recovery of certain markets, including China, and statements regarding the impact of and the recovery from the COVID-19 pandemic and our outlook for 2022. Such forward-looking statements are subject to various risks and uncertainties, including, among others, economic, political and other risks associated with international operations (including those related to the Russia-Ukraine conflict), the uncertainties relating to the impact of the COVID-19 pandemic and associated governmental measures, risks inherent to the manufacturing industry, macroeconomic factors beyond the Company's control (including material and logistics availability, inflation, supply chain and labor challenges and end-market recovery), continued operation of our manufacturing facilities, our ability to forecast and meet demand, market acceptance of new products, and the significant influence of the Company's majority shareholders, investment funds affiliated with Blackstone Inc. Additional factors that could cause the Company's results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended January 1, 2022, filed with the Securities and Exchange Commission ("SEC"), as such factors may be updated from time to time in the Company's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
This press release includes certain non-GAAP financial measures, which management believes are useful to investors, securities analysts and other interested parties. Management uses Adjusted EBITDA as its key profitability measure. This is a non-GAAP measure that represents EBITDA before certain items that impact comparison of the performance of our business either period-over-period or with other businesses. We use Adjusted EBITDA as our measure of segment profitability to assess the performance of our businesses, and it is used for total Gates as well because we believe it is important to consider our total profitability on a basis that is consistent with that of our operating segments. Adjusted EBITDA Margin is Adjusted EBITDA for a particular period expressed as a percentage of revenues for that period.
Management uses Adjusted Net Income as an additional measure of profitability. Adjusted Net Income is a non-GAAP measure that represents net income attributable to shareholders before certain items that impact comparison of the performance of our business, either period-over-period or with other businesses.
Core revenue growth is a non-GAAP measure that represents net sales for the period excluding the impacts of movements in foreign currency rates and the first-year impacts of acquisitions and disposals, where applicable. We present core revenue growth because it allows for a meaningful comparison of year-over-year performance without the volatility caused by foreign currency gains or losses, or the incomparability that would be caused by the impact of an acquisition or disposal.
Management uses Free Cash Flow to measure cash generation. Free Cash Flow is a non-GAAP measure that represents net cash provided by operations less capital expenditures. Free Cash Flow Conversion is a measure of Free Cash Flow expressed as a percentage of Adjusted Net Income. We use this metric as a measure of the success of our business in converting Adjusted Net Income into cash.
Management uses Net Leverage as a measure of our liquidity and in assessing the strength of our balance sheet. Net Leverage is a non-GAAP measure that represents the number of times by which net debt (principal amount of debt less cash and cash equivalents) exceeds Adjusted EBITDA for the last twelve months of the applicable period.
These non-GAAP financial measures should be considered only as supplemental to, and not as superior to, financial measures prepared in accordance with GAAP. Please see below for a reconciliation of historical non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with GAAP. Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, we have not provided reconciliations for forward-looking non-GAAP measures. For the same reasons, we are unable to address the probable significance of the unavailable information, which could be material to future results.
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SOURCE Gates Industrial Corporation plc | https://www.mysuncoast.com/prnewswire/2022/08/05/gates-industrial-reports-second-quarter-2022-results/ | 2022-08-05T13:50:16Z |
A man was arrested Friday after a standoff with Temple Police Department officers Friday afternoon.
Officers were dispatched at 1:40 p.m. to a traffic accident at the intersection of East Avenue H and South Martin Luther King Jr. Drive, city spokeswoman Kiara Nowlin said in a news release.
A male involved in the accident fled the scene on foot. Officers located the man, armed with a gun, in the 1400 block of South Fourth Street. After a standoff that lasted more than an hour, the subject was taken into custody.
The suspect’s identity was not immediately released by police.
During the incident, officers set up a perimeter, and notified residents and businesses in the area, Nowlin said.
“The Temple Police Department is still trying to positively identify the subject and confirm his involvement in the accident,” she said.
Anyone with information can contact the Temple Police Department at 254-298-5500 or the Bell County Crime Stoppers at 254-526-8477, where callers can report anonymously. | https://www.tdtnews.com/news/central_texas_news/article_1aa5377a-ee89-11ec-93de-3fafb788e2ac.html | 2022-06-17T23:43:59Z |
Which Harrison’s bird food is best?
As much as 80% of pet bird illnesses are said to be attributed to malnutrition, which is why feeding your pet a balanced diet is so important. Harrison’s bird food is nutritionally complete, providing all the nourishment your bird needs to remain healthy.
Since there are only two main formulas, it’s easy to choose the right one for your bird once you know more about each. Harrison’s Adult Lifetime Fine is the top choice, as it suits most adult birds.
What to know before you buy Harrison’s bird food
High potency vs. adult lifetime
Harrison’s doesn’t make wild bird food, just food for pet birds. It has two formulas: adult lifetime and high potency. These are suitable for any pet bird. You just need to work out which formula is right for your pet bird.
- High potency: If you’re switching your bird from a seed-based diet, you should always start with the high potency formula to boost nutrient levels. It’s also better for young birds that are still developing, birds molting or with poor feathers and birds recovering from illness. Finally, it’s great for certain types of birds with high metabolic rates and need the extra energy, including African grays and large macaws.
- Adult lifetime: This is the best maintenance diet for most adult birds (excluding those mentioned above). This is also the best choice if you’re switching from another balanced pellet food or your bird has been eating the high potency formula for six months.
Piece sizes
Each Harrison’s formula comes in a range of consistencies or sizes. The right one depends on the size of the bird and how it feeds.
- Coarse: These big nuggets are suitable for large parrots that pick food up from their bowl with their feet.
- Fine: Fine pieces are small nuggets perfect for small parrots, such as Senegals, quakers and conures, that pick pieces from their bowl with their beak.
- Super fine: These tiny pieces are perfect for birds that peck from their bowls, such as doves, finches, budgies and canaries.
- Mash: This coarse powder can be mixed with water to make a mash or sprinkled on fruit or veg for picky birds. It’s also suitable for feeding dry to small birds that peck directly from bowls.
What to look for in quality Harrison’s bird food
Pepper
You can also find “pepper lifetime” and “high potency pepper” foods. These are the same as adult lifetime and high potency foods, respectively, but with added chili peppers. Some birds like the taste of spicy chiles in their food, but the nutritional content is the same.
Organic
All bird food from Harrison’s is certified organic by the United States Department of Agriculture. It follows that it’s also made without any genetically modified organisms.
Treats
In addition to its complete foods, Harrison’s also makes bird treats. These are great for training or adding different flavors and textures to a bird’s diet, but you should only feed them sparingly.
How much you can expect to spend on Harrison’s bird food
Small 1-pound bags cost around $16-$20, while mid-sized 5-pound bags cost roughly $45-$50 and extra-large 25-pound bags cost as much as $200-$220.
Harrison’s bird food FAQ
Is Harrison’s a good bird food?
A. Harrison’s is a formulated diet, which is a more nutritionally balanced alternative to seed mixes. Although many people feed their birds seed mixes, they’re not complete diets for birds, lacking essential nutrients your feathered friend needs to stay healthy.
Harrison’s is carefully balanced to contain all the nutrients birds need. Not only is it formulated by an avian specialist, but it’s also approved and recommended by veterinarians who specialize in birds.
While it’s completely nutritionally balanced, feeding a varied diet can enrich pet birds’ lives. Therefore, you should feed around 70% of Harrison’s food (or another quality bird food) and 30% fresh fruit, vegetables and omega-rich seeds.
How long does Harrison’s bird food stay fresh?
A. You must use it within eight weeks of opening the package. Therefore, don’t be tempted by the lower price per ounce of larger packages if you won’t be able to use them up in time. In a pinch, you can extend the shelf life by freezing the food once opened.
What’s the best Harrison’s bird food to buy?
Top Harrison’s bird food
Harrison’s Adult Lifetime Fine
What you need to know: Most adult birds will thrive on this food. The fine size is good for small parrots.
What you’ll love: It’s non-GMO and certified USDA organic. The 1-pound bag is small enough that it won’t spoil before you use it up, even if you only have one bird. Most birds find it palatable.
What you should consider: It’s fairly pricey, but many bird owners find there’s less wastage compared to seed mixes.
Where to buy: Sold by Amazon
Top Harrison’s bird food for the money
Harrison’s Pepper Lifetime Coarse
What you need to know: This 5-pound bag costs significantly less per ounce than smaller bag sizes.
What you’ll love: It contains added chiles, which some birds love. It doesn’t contain any sweeteners or artificial colors or preservatives. This food meets the nutritional needs of most adult birds.
What you should consider: The coarse size is only suitable for large parrots who pick up their food with their feet.
Where to buy: Sold by Amazon
Worth checking out
Harrison’s High Potency Superfine
What you need to know: The high potency formula is suitable for birds that need a boost, including those that are molting or recovering from illness.
What you’ll love: The superfine consistency is suitable for small birds, like canaries, finches and budgies. It’s higher in calories than the adult lifetime food. It’s non-GMO and USDA organic.
What you should consider: It contains peanuts, so those with allergies should be careful.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/pets-br/bird-supplies-br/best-harrisons-bird-food/ | 2022-07-28T08:11:44Z |
BETHESDA, Md., May 4, 2022 /PRNewswire/ -- Northwest Biotherapeutics (OTCQB: NWBO) ("NW Bio"), a biotechnology company developing DCVax® personalized immune therapies for solid tumor cancers, reported that a presentation entitled "Autologous Tumor Lysate-Loaded Dendritic Cell Vaccination for Glioblastoma" will be made on May 10, 2022 at 11:10 a.m., by Dr. Linda Liau at the Frontiers of Cancer Immunotherapy Conference of the New York Academy of Sciences.
This presentation can be viewed virtually by registering online at the Academy's website at https://events.nyas.org/event/28ca5e39-51a7-4e73-be3d-78089c92d596/summary
About Northwest Biotherapeutics
Northwest Biotherapeutics is a biotechnology company focused on developing personalized immunotherapy products designed to treat cancers more effectively than current treatments, without toxicities of the kind associated with chemotherapies, and on a cost-effective basis, in both North America and Europe. The Company has a broad platform technology for DCVax® dendritic cell-based vaccines. The Company's lead program is a 331-patient Phase III trial of DCVax®-L for newly diagnosed Glioblastoma multiforme (GBM). GBM is the most aggressive and lethal form of brain cancer, and is an "orphan disease." The Company has also developed DCVax®-Direct for inoperable solid tumor cancers. It has completed a 40-patient Phase I trial and, as resources permit, plans to pursue Phase II trials. The Company previously conducted a Phase I/II trial with DCVax-L for advanced ovarian cancer together with the University of Pennsylvania.
Disclaimer
Statements made in this news release that are not historical facts, including statements concerning future treatment of patients using DCVax and future clinical trials, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expect," "believe," "intend," "design," "plan," "continue," "may," "will," "anticipate," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We cannot guarantee that we actually will achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated, such as risks related to the Company's ability to achieve timely performance of third parties, risks related to whether the Company's products will demonstrate safety and efficacy, risks related to the Company's ongoing ability to raise additional capital, and other risks included in the Company's Securities and Exchange Commission ("SEC") filings. Additional information on the foregoing risk factors and other factors, including Risk Factors, which could affect the Company's results, is included in its SEC filings. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from those projected in any forward-looking statement. The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by securities laws.
CONTACTS
Dave Innes
804-513-4758
dinnes@nwbio.com
Les Goldman
240-234-0059
lgoldman@nwbio.com
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SOURCE Northwest Biotherapeutics | https://www.kxii.com/prnewswire/2022/05/04/presentation-about-phase-3-trial-dcvax-l-glioblastoma-be-made-new-york-academy-sciences/ | 2022-05-04T17:11:17Z |
- Consuming a proprietary, resistant-starch fiber blend daily reduces blood sugar levels, improves sleep and even elevates energy levels, according to first-of-its-kind study
- Resistant starch is an all-natural form of non-digestible prebiotic fiber largely missing in Western diets; it nourishes beneficial bacteria, balancing the gut microbiome and boosting metabolic health
- Participants in comprehensive clinical trial consumed a daily meal-replacement shake from Supergut, which makes a full line of shakes, bars, and fiber mixes with its clinically proven, patented proprietary resistant starch blend
LOS ANGELES, July 19, 2022 /PRNewswire/ -- A first-of-its-kind study shows that daily intake of a proprietary, resistant-starch fiber blend reduces blood sugar levels, improves sleep and elevates energy levels.
The results of a comprehensive clinical trial, completed in June and announced today by Los Angeles-based functional food startup Supergut (formerly Muniq), validate a growing body of scientific evidence showing that resistant starch is the key to transforming the gut microbiome, boosting metabolic health, improving digestion and even enhancing mood.
Resistant starch is an all-natural form of prebiotic fiber that does not get digested in your small intestine like traditional carbohydrates. Instead, it ferments in your large intestine and feeds beneficial gut bacteria, which strengthens the gut microbiome and produces important metabolic by-products, including short-chain fatty acids (SCFAs) such as butyrate.
An abundance of evidence shows that health-promoting SCFAs like butyrate are a major source of energy for colon cells; and they play an important role in preventing "leaky gut," decreasing overall inflammation, and regulating metabolism. Resistant starch has relatively few calories and helps reduce blood sugar; it helps regulate gut, metabolic, immune, and neurologic health.
The gut-balancing benefits of resistant starch underscore the outsized role the gut microbiome plays in overall health, helping control digestion and satiety, supporting prevention of diseases and improving physiologic and mental functioning in humans. The gut microbiome also helps regulate blood sugar levels and neurologic health.
"Over the past decade, the medical community has come to appreciate the gut microbiome's central role in driving a wide range of health and wellness outcomes," said Dr. Christopher Damman, MD, MA, gastroenterologist, Chief Medical and Science Officer at Supergut and former head of the microbiome program at the Bill & Melinda Gates Foundation. "We were further impressed with the clinical trial results, which demonstrate that regular consumption of the resistant starch-based shake was more effective than a placebo shake and dietary advice at addressing gut, metabolic, and inflammatory dysfunction."
Despite its wide-ranging benefits, resistant starch is rare in Western diets; it is found in unripe, green bananas, cold cooked rice, and a few other starchy plant foods in modest quantities. Supergut formulated its proprietary fiber blend using diverse and highly concentrated sources of resistant starch to create highly functional and convenient foods that incorporate these essential missing nutrients, with a growing lineup of products.
Last month, Supergut launched Supergut Bars – a convenient, grab-and-go snack you can stash in your car, backpack or desk. The company also launched their gut balancing Supergut Fiber Mix – an unflavored, unsweetened, smooth powder you can mix into coffee, soup, baked goods or nearly any other home-cooked dish. All Supergut products include the company's proprietary resistant starch fiber blend.
Supergut's study is the first clinical trial on resistant starch from a food tech company. The goal was to provide definitive evidence that its products deliver measurable results – establishing a higher standard relative to the growing category of "functional foods" and nutraceutical fads without clinical substantiation.
Supergut's clinical trial was a three-arm, double-blind, randomized, placebo-controlled trial conducted over three months with 192 participants. The study included a placebo shake with matched protein and calorie profiles but missing the fiber blend, as well as a control group which did not consume meal-replacement shakes; all participants received the same dietary advice.
Participants who drank the Supergut meal-replacement shakes every day for three months experienced a statistically significant reduction in hemoglobin A1C of 0.7% relative to placebo. Participants with a baseline hemoglobin A1C of 8.5% or greater saw an absolute reduction in A1C of 0.8%.
Hemoglobin A1C measures your average blood sugar levels over the past three months, and is a commonly used test to diagnose prediabetes and diabetes. A reduction of 0.5% or greater is considered a clinically significant improvement in blood sugar control.
Supergut's clinical trial builds on the growing body of evidence indicating the importance of gut health on various dimensions of health. The trial was one of the rare studies showing that a non-pharmaceutical product can reduce A1C levels with both clinical and statistical significance.
A1C levels are notoriously difficult to lower through diet and exercise alone, and most clinical trials of non-pharmaceutical "functional foods" have either shown very small reduction in A1C or focused on other aspects of blood sugar control (like near-term blood sugar levels after a meal).
While a growing body of evidence points to the benefits of resistant starch, the Supergut study is also unusual in that it focuses on a commercially available finished product that incorporates resistant starch. Other studies on resistant starch focus on the impact of a specific ingredient containing resistant starch, such as high-amylose maize flour, which is less practical to incorporate into your daily diet.
In addition to lowering blood sugar levels, the Supergut results showed that 86% of participants reported a significant improvement in at least one of the following health and wellness indicators: sleep, immune health, energy levels, mental health and mood, clarity of thought (and decreased brain fog), and quality of life as measured by the World Health Organization 5 Well-Being Index (WHO-5) and the Diabetes Distress Assessment System. In addition, 60% reported an improvement in at least one area of digestive health, including reduced bloating, reduced heartburn, satisfactory bowel movements, and less nausea.
The study, conducted October 2021 through March 2022, also showed that people who had Supergut shakes experienced lower levels of depression and anxiety, maintained healthier weight, and reduced blood pressure levels.
The principal investigator of the trial, Dr. Juan Pablo Frias, Velocity Clinical Research, commented, "As a physician and clinical researcher who has conducted hundreds of clinical trials for diabetes and metabolism-related medications, I am very impressed to see such clinically significant results with a real food intervention."
Participants in the study represented a range of metabolic profiles including people who were overweight or obese and those with elevated blood sugar levels. The clinical trial included diverse representation with minorities representing nearly 40% of the 192 participants throughout the United States.
Supergut is conducting additional work to further understand how changes in the gut microbiome and other biomarkers (including butyrate, metabolic hormones such as GLP-1, and inflammatory markers) might impact these improvements.
Supergut was founded by Marc Washington in 2019 with initial funding from The Production Board (TPB), the San Francisco-based business foundry focused on food, agriculture, biomanufacturing, human health, and the broader life sciences. At the time, TPB CEO and Founder Dave Friedberg was researching the growing body of scientific evidence on the human microbiome – and he was keen to help create a data-driven, evidence-based business that could popularize gut-friendly resistant starch.
"Our goal was to set a new, extraordinarily high bar for scientific credibility in the food industry – and in so doing create a new category of truly functional food," Friedberg said.
Supergut has been selling its proprietary resistant starch-based products directly to consumers for two years under the Muniq brand name. During this time Supergut has helped thousands of people, many of whom previously struggled with metabolic disorders, regain better control over their health through the brand's patented line of gut balancing products.
Seven out of 10 of Americans are overweight or obese. Half of American adults have cardiovascular disease. And more than 50% of American adults have diabetes or prediabetes, according to the US Centers for Disease Control and Prevention.
Real-world and clinical evidence now demonstrate that Supergut not only improves metabolic health outcomes, but also positively impacts a broad range of wellness and quality of life measures including mood, sleep, and energy. These wide ranging benefits indicate the brand's potential to positively impact the health and wellness of the public at large.
"Supergut has already been a game changer for more than 10,000 customers, many of whom previously struggled to stay in control of their health," said Supergut Founder and CEO Marc Washington. "The broad-ranging findings from our clinical study bring our long-term goal of improving public health on a global level into clearer focus. That means we need to make delicious, nutritious, truly functional food accessible for everybody. Our goal is to empower everyone to reclaim and sustain control over their bodies."
Supergut is the leading evidence-based nutrition brand designed to empower consumers to reclaim and sustain control over their bodies through the science of the gut microbiome, offering delicious and convenient functional foods. Harnessing the power of superfood resistant starch, Supergut offers scientifically-backed food products that are clinically proven to improve metabolic and gut health while boosting overall quality of life. Supergut uses breakthrough research and their own gold-standard clinical study to create products that deliver measurable health results for customers, including shakes, fiber mixes, and bars which were recently recognized as Best Nutritional Bar of 2022 by Good Housekeeping. Founder Marc Washington launched Supergut (formerly Muniq) in 2020 on a mission to fix the broken food system and create alternative methods for individuals looking to transform their health through their gut. To learn more, visit supergut.com or follow the brand on Instagram at @supergut.
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SOURCE Supergut | https://www.mysuncoast.com/prnewswire/2022/07/19/rigorous-clinical-trial-shows-that-daily-intake-superguts-resistant-starch-fiber-blend-improves-metabolic-health-overall-quality-life-quality-sleep-energy-levels-mood/ | 2022-07-19T15:08:54Z |
Randy Fenoli, Chef Alex Guarnaschelli, Adam Savage and Page Turner Christen Princess Cruises' Newest Ship In Traditional Maritime Naming Ceremony
SANTA CLARITA, Calif., April 29, 2022 /PRNewswire/ -- In an imaginative ceremony today at the Port of Los Angeles, television stars and show hosts united as godparents and officially named Discovery Princess. The godparents included fashion designer Randy Fenoli, chef Alex Guarnaschelli, special effects designer and fabricator Adam Savage, and real estate broker and flipper extraordinaire Page Turner.
Standing together at the Retreat Pool on the open deck of Discovery Princess with the ship's Captain Gennaro Arma, they pronounced, "We name this ship Discovery Princess. May God bless her and all who sail on her." They then sent a giant Nebuchadnezzar-size bottle of champagne against the ship for the celebratory smash, officially welcoming Discovery Princess into the fleet of Princess Cruises, the world's leading international cruise line and leader on the west coast.
The "Discover Our World" themed ceremony blended maritime tradition with contemporary elements, celebrating the cruise line's exclusive, seven-year Discovery at SEA™ program – bringing the spirit of curiosity and exploration to every cruise through branded experiences like Shark Week at Sea, exclusive shore excursions and onboard activities such as the Camp Discovery youth centers and Stargazing at SEA.
"Today is a celebration to remember as our newest ship, Discovery Princess, is officially named by this talented group of experts and personalities – Randy, Alex, Adam, and Page," said John Padgett, Princess Cruises president. "We can think of no more fitting godparents to mark this significant milestone."
About Discovery Princess
Discovery Princess expands the cruise line's fleet of MedallionClass ships to 15, offering elegantly appointed accommodations, world-class entertainment, gourmet dining and cocktails, extensive alfresco dining areas and expansive views from the cruise line's largest balconies at sea in the Sky Suites.
The 3,660-guest Discovery Princess was built at the Fincantieri Shipyard in Monfalcone, Italy, and is the sixth and final Royal-Class newbuild sharing all of the spectacular style and luxury of her sister ships – Enchanted Princess® Sky Princess®, Majestic Princess®, Regal Princess® and Royal Princess®.
As part of the leading cruise line on the west coast, Discovery Princess debuted in Los Angeles on March 27, sailing a series of Mexican Riviera and California Coast voyages from March 27 – April 24. After the naming ceremony in Los Angeles on April 29, the ship will head up the Pacific coast to begin a season of seven-day Alaska cruises from Seattle, making her the newest ship sailing in the Alaska region.
With an array of innovative new experiences, guests will enjoy 270-degree sweeping views from the Princess' largest balconies at sea in the Sky Suites, unwind in ultimate comfort at The Sanctuary and indulge the senses with world-class dining options. Plus, Princess live entertainment presents mesmerizing Broadway-style production shows that can only be seen in the state-of-the-art Princess Theater, including the newest show, Spotlight Bar.
In addition, Discovery Princess delivers Princess MedallionClass Vacations which begin with the Medallion™ wearable, a quarter-sized device that enables everything from expedited contactless boarding to locating loved ones anywhere on the ship, as well as enhanced service like having whatever guests need, delivered directly to them, wherever they are on the ship. In addition, guests can share their favorite cruise moments using MedallionNet, the best Wi-Fi at sea, as well as stay connected with friends and family back home, work remotely anywhere on the ship, quickly post content and stream favorite movies and shows.
Discovery Princess also offers signature Princess venues and amenities including the Piazza, Lotus Spa, The Sanctuary, Movies Under the Stars, Gigi's Pizzeria, Good Spirits at Sea Bar, Vegas-Style Casino, The Shops of Princess, Camp Discovery Youth & Teen Center and Discovery at SEA™ programs.
More information about Discovery Princess can be found at https://www.princess.com/ships-and-experience/ships/xp-discovery-princess/
Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-PRINCESS (1-800-774-6237), or by visiting the company's website at http://www.princess.com/.
About Princess Cruises:
One of the best-known names in cruising, Princess Cruises is the world's leading international premium cruise line and tour company operating a fleet of 15 modern cruise ships, carrying millions of guests each year to 330 destinations around the globe, including the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. A team of professional destination experts have curated 170 itineraries, ranging in length from three to 111 days and Princess Cruises is continuously recognized as "Best Cruise Line for Itineraries." In 2017 Princess Cruises, with parent company Carnival Corporation, introduced MedallionClass Vacations enabled by the Medallion device, the vacation industry's most advanced wearable device, provided free to each guest sailing on a MedallionClass ship. The award-winning innovation offers the fastest way to an effortless personalized vacation, giving guests more time to do the things they love most. The company is part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK).
In line with the latest advice from health officials about COVID-19, Princess Cruises is currently enhancing health and safety protocols with input from medical experts and government bodies and assessing how they may impact future itineraries. Actual offerings may vary from what is displayed in marketing materials. Click on the following links to stay updated on current Cruise Updates and Health & Safety protocols.
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SOURCE Princess Cruises | https://www.kxii.com/prnewswire/2022/04/30/discovery-princess-officially-named-by-tv-star-godparents/ | 2022-05-01T05:50:49Z |
NEW YORK, May 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Dentsply Sirona Inc. ("Dentsply Sirona" or the "Company") (NASDAQ: XRAY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Dentsply Sirona and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On April 19, 2022, Dentsply Sirona issued a press release announcing the termination of Chief Executive Officer Don Casey, effective immediately, and stating that Casey "will cease to serve as a member of the Company's Board." On this news, Dentsply Sirona's stock price fell sharply during intraday trading on April 19, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/05/11/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-dentsply-sirona-inc-xray/ | 2022-05-12T06:33:09Z |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. NOT FOR GENERAL RELEASE IN THE UNITED STATES – SEE FURTHER INFORMATION BELOW.
GENEVA and HEERLEN, Netherlands, June 13, 2022 /PRNewswire/ -- DSM and Firmenich today jointly announce the future leadership team for DSM-Firmenich, building on the previously announced intended merger of the two companies that will establish the leading creation and innovation partner in nutrition, beauty and well-being.
The new company's Executive Committee will have a balanced team of talented individuals drawn from both DSM and Firmenich and representing the diversity, skillset, and ambitions of the combined company. The existing executive management teams of DSM and Firmenich will remain unchanged until the completion of the merger, which is expected ultimately in the first half of 2023. Each company remains committed to driving the ongoing performance of their respective businesses until then and to the subsequent successful handover of responsibilities wherever relevant.
The future Executive Committee of DSM-Firmenich will consist of:
Geraldine Matchett and Dimitri de Vreeze, as previously confirmed, will be Co-CEOs. Currently Co-CEOs of DSM, they will continue to hold additional CFO (Geraldine) and COO (Dimitri) responsibilities respectively for the future combined company. Geraldine joined DSM as CFO and Managing Board member in 2014. A Swiss-French-British national, she had been Global Chief Financial Officer and member of the Operations Council of the SGS Group since 2010, during which she was voted Switzerland's CFO of the year for large companies. Dimitri, a Dutch national, began working at DSM in 1990 and held a series of leadership roles before being named Young Captain of the Year in the Netherlands – a countrywide leadership talent program – in 2006. He was later appointed to DSM's Managing Board in 2013. Geraldine and Dimitri became Co-CEOs of DSM in 2020.
It has also been previously announced that Emmanuel Butstraen will be Chief Integration Officer, overseeing the merger of these two iconic companies. Emmanuel, a French national, joined Firmenich in 2018 as President of Taste & Beyond to drive the transformation of that division. He had spent the previous ten years leading businesses at Solvay, including the last nine years on the company's Management Committee. Prior to this he spent 17 years with BASF.
DSM-Firmenich will bring together a world-class foundation in science and technology with deep expertise across a global network of 15 R&D facilities, which will be led by Dr. Sarah Reisinger. Sarah, a US national, holds a Ph.D. in Microbiology from the University of California, Berkeley and has extensive experience in biology and related fields, previously serving in leadership roles at Ginkgo Bioworks and Amyris. She joined Firmenich in 2018 to lead the company's biotechnology and process engineering teams before taking on her current position of Chief Research Officer in 2021.
DSM-Firmenich will have four high-performing and complementary businesses, all with pioneering, leadership positions and each led by a member of the future Executive Committee.
Perfumery & Beauty, incorporating Firmenich's Fragrance and Ingredients divisions and DSM's Personal Care & Aroma business, will be led by Ilaria Resta, who is currently Firmenich's President of Perfumery. Ilaria, an Italian-Swiss national, is an internationally awarded industry leader who joined Firmenich in 2020 after two decades with Procter & Gamble during which she was responsible for building some of the world's leading home and personal care brands.
Patrick Niels, DSM's Executive Vice President Food & Beverage, will lead the combined Food & Beverage/Taste & Beyond business in establishing a global-scale partner for the industry with extensive capabilities in taste, nutrition and functionality. Patrick, a Dutch-US national, began his career at Gist-Brocades in 1991, which was acquired by DSM in 1998. He has since held various leadership roles across the company in different businesses and in various regions including almost nine years in the US where, amongst others, he was responsible for both North and South America.
DSM's Executive Vice President Health, Nutrition & Care, Philip Eykerman, will continue to lead this business' development of customized quality end-to-end solutions that support the health of people at every life stage. Philip, a Belgian national, left McKinsey & Company in 2011 to oversee DSM's corporate strategy and M&A as Executive Vice President Corporate Strategy & Acquisitions. Since 2020, he has been responsible for all of DSM's activities in human nutrition and health, as well as M&A across the company.
Ivo Lansbergen, who was appointed DSM's Executive Vice President for Animal Health & Nutrition in 2019, will continue to lead this business in developing solutions to alleviate pressure on the planet's finite natural resources while satisfying the increasing demand for protein. Ivo, a Dutch national, has been with DSM since 1997 during which time he has held various senior positions in different DSM businesses in both Europe and Asia.
The success of both DSM and Firmenich is based on each company's passionate, talented and diverse workforce. Mieke Van de Capelle, currently Firmenich's Chief Human Resources Officer, will lead in creating an engaging culture that continues to put its people first. Mieke, a Belgian national, combines twenty years of business acumen and a deep understanding of people and culture strategies within global innovation-driven organizations such as Sara Lee Corporation and Perfetti van Melle. She joined Firmenich in 2016 and, under her leadership, Firmenich became one of only seven companies in the world to obtain the EDGE global certification for gender equality.
Recognizing the scope and global reach of the new DSM-Firmenich company, Jane Sinclair, presently Firmenich's General Counsel and Head of Legal and Compliance, will complete the new Executive Committee. An Australian national, Jane brings more than thirty years' experience of corporate law, regulation and compliance, business ethics, intellectual property and beyond in both emerging and mature markets. With her commitment to responsible business, the company's leadership in environmental, safety and regulatory stewardship has been recognized globally, including a CDP "Triple A" score for four consecutive years. Prior to joining Firmenich in 2015, Jane held various senior roles at companies including Abbott, AbbVie, and The Coca-Cola Company.
Geraldine Matchett and Dimitri de Vreeze, Co-CEOs of DSM, commented: "We are appreciative of the support from all the leaders on the current executive management teams of DSM and Firmenich as everyone is fully committed to the successful integration of these great companies. They have laid the foundations from which DSM-Firmenich will be able to make a major difference for our customers, and ultimately for people and the planet. This talented team draws on the incredible expertise of both organizations and our future Executive Committee will be an incredibly strong joint leadership team with proven track records of strategic execution and value creation for all stakeholders. By coming together, we will establish a company where anyone, anywhere, wishing to make a positive impact should aspire to work."
Gilbert Ghostine, who will retire from his position as CEO of Firmenich upon completion of the merger, commented: "There is a tremendous amount of talent and skill in both organizations and this executive team is perfectly placed to bring together our two culturally aligned and iconic businesses. I am confident that through this team, DSM-Firmenich has the right balance of experience, capabilities and skills to provide compelling opportunities for our people. The leaders we are announcing today are all highly accomplished and will ensure we create a global leader capable of bringing breakthrough purpose-led innovation and technologies to our customers."
Please visit www.creator-innovator.com for additional material on the proposed transaction and DSM-Firmenich.
Capital Markets Day
DSM and Firmenich are hosting a joint Capital Markets Day for institutional investors and equity analysts today in Paris, France.
Here will be offered a deeper understanding of Firmenich's businesses; and presenting DSM-Firmenich, outlining its key value drivers, demonstrating how the complementary nature of DSM and Firmenich can enable enhanced innovation and co-creation with their customers, and through this, increase returns and deliver long-term sustainable growth and shareholder value.
The event will start at 13.30 CEST. A live webcast of the presentations and the Q&A session can be accessed here.
About Firmenich
Firmenich is the world's largest privately-owned fragrance and taste company and has been family-owned for 127 years. The Swiss company specializes in perfumes, flavors, and ingredients and is renowned for its world-class research as well as leadership in sustainability.
About DSM
DSM has transformed during its 150+ year history into today's health, nutrition & bioscience global leader. The Dutch-Swiss company specializes in nutritional ingredients for food and feed with proven world-leading bioscience capabilities and an international network of high-quality manufacturing sites that underpin a business model of global products, local solutions and personalization and precision.
DISCLAIMER
This is a joint press release of DSM (also on behalf of DSM-Firmenich) and Firmenich. This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in DSM. Any offer will be made only by means of an offer memorandum approved by the AFM. This announcement is not for release, publication or distribution, directly or indirectly (in whole or in part) in, into, or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction, including the United States, Canada, South Africa, Australia and Japan.
NO OFFERING IS BEING MADE TO ANY PERSON IN ANY JURISDICTION. THIS ANNOUNCEMENT MAY NOT BE USED FOR, OR IN CONNECTION WITH, AND DOES NOT CONSTITUTE, OR FORM PART OF, AN OFFER BY, OR INVITATION BY OR ON BEHALF OF, DSM, FIRMENICH OR ANY REPRESENTATIVE OF DSM OR FIRMENICH, TO PURCHASE ANY SECURITIES OR AN OFFER TO SELL OR ISSUE, OR THE SOLICITATION TO BUY SECURITIES BY ANY PERSON IN ANY JURISDICTION. NO ACTION HAS BEEN OR WILL BE TAKEN IN ANY JURISDICTION BY DSM OR FIRMENICH THAT WOULD PERMIT AN OFFERING OF THE ORDINARY SHARES OR POSSESSION OR DISTRIBUTION OF A PROSPECTUS IN ANY JURISDICTION, EXCEPT TO THE EXTENT EXPLICITLY DISCLOSED BY DSM OR FIRMENICH.
This announcement is for information purposes only it is not a recommendation to engage in investment activities and is provided "as is", without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, DSM, Firmenich and DSM-Firmenich do not guarantee its accuracy or completeness and DSM, Firmenich and DSM-Firmenich will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation and DSM, Firmenich and DSM-Firmenich expressly disclaim liability for any errors or omissions.
This announcement contains materials produced by third parties and this content has been created solely by such third parties with no input from the DSM Group or Firmenich International SA. It is not intended to be, and shall not constitute in any way a binding or legal agreement, or impose any legal obligation on the DSM Group or Firmenich International SA. All proprietary rights and interest in or connected with this announcement shall vest in the DSM Group or Firmenich International SA, as the case may be. No part of it may be redistributed or reproduced without the prior written permission of the DSM Group and Firmenich Group. All proprietary rights and interest in or connected with this publication shall vest in DSM or Firmenich, as the case may be. This announcement speaks only as of this date.
Additional information for US holders
This announcement relates to the proposed combination of a Dutch public company and a privately-held Swiss corporation. This announcement, the Offering Circular and other documents relating to the proposed combination have been, or will be, prepared in accordance with European and Dutch law and European and Dutch disclosure requirements, format and style, all of which differ from those in the United States. The proposed transactions referred to herein and the information to be distributed in connection therewith, including the proposed Offer and related shareholder vote and any related corporate transactions, are subject to disclosure, timing and procedural requirements and practices applicable in Europe and the Netherlands, which differ from the disclosure requirements of the US tender offer and proxy solicitation rules, provided that the Offer will comply with the relevant US tender offer rules set out in Regulation 14E under the Securities Exchange Act of 1934, as amended (the "Exchange Act") and the rules thereunder
The securities referred to herein and to be issued pursuant to the proposed Offer have not been, and are not presently intended to be, registered under the Securities Act of 1933, as amended (the "Securities Act") or under any laws or with any securities regulatory authority of any state, district or other jurisdiction, of the United States, and unless so registered may only be offered or sold pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable state and other securities laws. There is not presently expected to be any public offer of any securities in the United States. The information contained herein does not constitute an offer to sell or solicitation of an offer to buy any securities in the United States. Further details of which US holders are eligible to receive the securities referred to herein, and the procedural steps required to be taken by such persons to so receive such securities, as well as the procedures for those US holders who do not so qualify to receive such securities (if any), will be set forth in the Offering Circular.
Neither the U.S. Securities and Exchange Commission (SEC) nor any US state securities commission has approved or disapproved of the securities referred to herein to be issued in connection with the proposed Offer or any related corporate transaction, or determined if the information contained herein or in the Offering Circular to be prepared in connection with the proposed exchange offer is accurate or complete. Any representation to the contrary is a criminal offence in the United States.
The securities referred to herein have not been and are not presently expected to be listed on any US securities exchange or quoted on any inter-dealer quotation system in the United States. None of DSM-Firmenich, DSM or Firmenich presently intends to take any action to facilitate a market in such securities in the United States.
Financial statements, and all financial information that is included in the information contained herein or that may be included in the Offering Circular and any other documents relating to the securities referred to herein, have been or will be prepared in accordance with International Financial Reporting Standards (IFRS) or other reporting standards or accounting practice which may not be comparable to financial statements of companies in the United States or other companies whose financial statements are prepared in accordance with generally accepted accounting principles in the United States (US GAAP).
It may be difficult for US holders to enforce their rights and claims arising out of the US federal securities laws, since DSM is incorporated under the laws of the Netherlands and DSM-Firmenich and Firmenich are incorporated under the laws of Switzerland, and in each case the majority or all of their respective officers and directors are residents of non-US jurisdictions. Judgments of US courts are generally not enforceable in either the Netherlands or Switzerland. US holders may not be able to sue a non-US company or its officers or directors in a non-US court for violations of US securities laws. Further, it may be difficult to compel a non-US company and its affiliates to subject themselves to a US court's judgment. In addition, original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws, may not be enforceable in the Netherlands or Switzerland.
Information Regarding Forward-Looking Statements.
This announcement includes forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the DSM Group's, Firmenich International SA's and the Combined Group's control and all of which are based on the DSM Group's, Firmenich International SA's or the Combined Group's current beliefs and expectations about future events. Forward-looking statements are sometimes identified by the use of forward-looking terminology such as "aim", "annualized", "anticipate", "assume", "believe", "continue", "could", "estimate", "expect", "goal", "hope", "intend", "may", "objective", "plan", "position", "potential", "predict", "project", "risk", "seek", "should", "target", "will" or "would" or the highlights or the negatives thereof, other variations thereon or comparable terminology. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this publication and include statements that reflect the DSM Group's, Firmenich International SA's or the Combined Group's intentions, beliefs or current expectations and projections about the their respective future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, targets, strategies and opportunities and the markets in which they respectively operate, and the anticipated timing of the Proposed Combination. These forward-looking statements and other statements contained in this announcement regarding matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks and uncertainties facing the DSM Group, Firmenich International SA or the Combined Group. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward-looking statements. Forward-looking statements in this announcement speak only as of the date of this announcement. Except as required by applicable laws and regulations, DSM and Firmenich expressly disclaim any obligation or undertaking to update or revise the forward-looking statements contained in this announcement to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based.
Financial Information. Financial objectives are internal objectives of DSM, Firmenich and the Combined Group to measure its operational performance and should not be read as indicating that DSM, Firmenich or the Combined Group is targeting such metrics for any particular financial year. The ability of DSM, Firmenich and the Combined Group to achieve these financial objectives is inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of DSM, Firmenich and the Combined Group, and upon assumptions with respect to future business decisions that are subject to change. As a result, the actual results of DSM, Firmenich and the Combined Group may vary from these financial objectives, and those variations may be material.
Transaction conditions. Completion of the Proposed Combination is subject to the satisfaction of a number of conditions as more fully described in this announcement. Consequently, there can be no certainty that completion of the Proposed Combination will be forthcoming.
DSM refers to DSM N.V. and the DSM Group refers to DSM and its subsidiaries. Firmenich refers to Firmenich International SA and its subsidiaries. The Combined Group refers to DSM-Firmenich and its subsidiaries following completion of the Proposed Combination (including the DSM Group and Firmenich International SA).
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SOURCE Firmenich | https://www.kxii.com/prnewswire/2022/06/13/dsm-firmenich-confirm-leadership-team-proposed-combined-company-dsm-firmenich/ | 2022-06-13T06:18:04Z |
Amber Alert canceled for teen boy in North Carolina
Published: May. 2, 2022 at 6:45 AM CDT|Updated: 5 hours ago
WINSTON SALEM, N.C. (WHNS/Gray News) - An Amber Alert for a teen boy in North Carolina has been canceled, according to the National Center for Missing and Exploited Children.
The Winston Salem Police Department had earlier issued the Amber Alert for the abduction of a 17-year-old boy.
No further details were provided.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/02/amber-alert-issued-teen-boy-north-carolina/ | 2022-05-02T17:56:40Z |
BOSTON, Aug. 17, 2022 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight") announced the formation of OnPoint Energy, LLC ("OnPoint"), a newly formed retail electric provider, focused on residential, commercial and industrial retail electricity solutions initially serving the ERCOT market. OnPoint is led by its Chief Executive Officer, Cullen Hay, and a seasoned management team of industry executives. The company is headquartered in Houston, Texas.
"ArcLight is excited to partner with the OnPoint team to enter the retail market," said Carter Ward, Partner at ArcLight. "As one of the largest power generators in North America, the launch of this platform is an important step in maximizing the value of our fleet. ArcLight has committed $50 million to retail initiatives and look to expand into additional competitive markets in the coming year."
"We are excited to bring to market OnPoint Energy, a company that is focused on changing the relationship between electricity retailer and customer, by providing an excellent customer experience, while maintaining a focus on fair, cost effective electricity plans and pricing," said OnPoint CEO Cullen Hay. "Our initial focus will be in ERCOT with expansion expected within the year to other competitive markets in the U.S., where we will work closely with residential and commercial and industrial customers to deliver on our promises of fairness and loyalty."
ArcLight is a leading private equity firm focused on energy, infrastructure and energy transitions with a successful long-term track record. Founded in 2001, the firm helped pioneer an asset-based approach to investing across the power, renewables, infrastructure and broader energy value chain. Since then, ArcLight has invested approximately $27 billion in 122 transactions, including over $11 billion of equity capital into the electrification segment, which includes power, transmission, renewable infrastructure and energy transition investments. Through its large infrastructure portfolio, ArcLight is focused on providing decarbonizing energy solutions with a strong ESG focus. Based in Boston, the firm's investment team employs a value-added investment approach that benefits from its dedicated in-house technical, operational, and commercial specialists and partners, as well as the firm's approximately 1,800-person asset management affiliate. More information about ArcLight can be found at www.arclight.com.
Kirkland & Ellis served as legal counsel on the transaction to ArcLight. King & Spalding served as legal counsel on the transaction to OnPoint.
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SOURCE ArcLight Capital Partners | https://www.wibw.com/prnewswire/2022/08/17/arclight-announces-launch-energy-retailer-onpoint-energy/ | 2022-08-17T18:12:01Z |
A sprawling 3,400-year-old city emerged in Iraq after a reservoir's water level swiftly dropped due to extreme drought.
Kurdish and German archaeologists excavated the settlement in the Mosul reservoir, along the Tigris River in the Kurdistan region of northern Iraq, in January and February. The project was in partnership with the Directorate of Antiquities and Heritage in Duhok to preserve the area's cultural heritage for future generations.
The archaeological site, Kemune, is believed to be the Bronze Age city Zakhiku, a major hub of the Mittani Empire that reigned from 1550 to 1350 BC. The kingdom's territory stretched from the Mediterranean Sea to northern Iraq, according to Ivana Puljiz, junior professor in the department of near eastern archaeology and assyriology at the University of Freiburg in Breisgau, Germany, and one of the directors of the project.
A race against time
Zakhiku was submerged underwater after the Iraqi government built the Mosul Dam in the 1980s and has rarely seen the light of day since then.
After Puljiz heard the city had reemerged, her team hurried to excavate the site because it was unknown when the water levels would rise again.
"Due to the enormous time pressure, we dug in freezing temperatures, snow, hail, rain, even storms, as well as the occasional sunny day, not knowing when the water would rise again and how much time we would have," Puljiz said.
The ancient city is now resubmerged, but researchers were able to catalog much of the site.
A palace had already been documented when the city briefly emerged in 2018, but multiple additional structures were documented during the latest excavation. Some of the discoveries include a fortification complete with towers and walls and a storage building multiple stories tall.
Much of the structures were made of sun-dried mud bricks, which ordinarily would not hold up well underwater, researchers said. However, Zakhiku suffered from an earthquake around 1350 BC, and parts of the upper walls collapsed and covered the buildings.
Preserving the past
Little is known about the ancient Mittani people who built the city, largely due to the fact that researchers have not identified the empire's capital or discovered their archives, Puljiz said. However, certain artifacts unearthed during the latest excavation could help provide insight.
Archaeologists found five ceramic vessels holding over 100 clay cuneiform tablets, dating back to closely after the earthquake event. They are believed to be from the Middle Assyrian period, which lasted from 1350 to 1100 BC, and could shed light on the city's demise and the rise of Assyrian rule in the area, according to a news release.
"It is close to a miracle that cuneiform tablets made of unfired clay survived so many decades under water," said Peter Pfälzner, professor of near eastern archaeology at University of Tübingen and one of the excavation directors, in a statement.
The tablets have not yet been deciphered, but Puljiz hypothesized they belonged to a private archive.
"I am curious next to see what the study of the cuneiform texts will reveal about the fate of the city and its inhabitants after the devastating earthquake," she said.
All artifacts that were excavated, including the tablets, are being housed in the Duhok National Museum.
Before the city once again disappeared underwater, researchers covered the ruins in tight-fitting plastic sheets held down with stones and gravel. Puljiz hopes these measures will protect the ancient site from water erosion and prevent it from disappearing altogether.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/an-ancient-city-in-iraq-emerges-from-the-tigris-river-after-an-extreme-drought/article_48e96b4b-cec6-5435-b54d-2bc63744e89d.html | 2022-06-20T17:11:45Z |
ATLANTA, July 12, 2022 /PRNewswire/ -- Traders Insurance, a privately owned regional insurance company based in Kansas City, Missouri replaced its legacy claim system with Cogitate's Claims Management System to modernize claims operations with the latest technology. Cogitate, a leader in accelerated digital insurance for Wholesale Brokers, MGAs, and Carriers, offers readiness and relevance as the industry quickly transforms.
Traders Insurance, which specializes in auto insurance, was using a home-grown claims system for several decades. While it served Traders very well, the technology did not support the robust integrations and other features that will reduce costs and improve the customer experience that Traders found in the Cogitate solution.
"We look at claims as an opportunity to deliver on our promises to our policyholders. The Cogitate solution supports us in being great at what we do and remain true to our vision and culture.", Mark Concannon, CEO of Traders Insurance explained. "As important as the software itself, we found a partner in the Cogitate team that cares about excellence as much as we do. The new system provides better, quicker claim management, leading to more efficient internal processes and comprehensive reporting."
"Several of our friends in the business use the Cogitate solution. They highly recommended Cogitate for their industry expertise, solution capabilities and their friendly team who work with the customer to solve their issues", said Patrick Concannon, COO of Traders Insurance. "Our new claims system engages users throughout the claim lifecycle. It is helping our team to reinvigorate claims processes to improve customer experience, increase efficiency, and reduce operational cost. It is pre-integrated with various third-party data services and also with our other internal systems for real-time exchange of information."
Samir Salem, Executive Vice President at Cogitate quoted, "The most important need for Traders Insurance was to transfer complete data from the old claim system to the new one. Many solution providers were unsure about delivering this requirement. At Cogitate, we have worked on similar requirements for other insurance providers before. We took up this challenge and delivered successfully. This is the Cogitate culture – we partner with our customers to provide them the required solutions and solve their problems."
Cogitate Technology Solutions, Inc., develops modern and innovative technology products and solutions for the Property & Casualty Insurance Industry. It helps insurance companies transform their business models to create a competitive advantage in a time of rapid industry change. Cogitate's next-generation technology products and solutions are helping insurance carriers, brokers, MGAs, and agents to accelerate digitalization and expand their businesses.
©2021 Vertafore and the Vertafore logo are registered trademarks of Vertafore. All rights reserved. All other trademarks are the property of their respective owners.
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954 Digital, Inc.
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SOURCE Cogitate Technology Solutions, Inc. | https://www.kxii.com/prnewswire/2022/07/12/traders-insurance-modernizes-claims-technology-with-cogitate-claims-management-system/ | 2022-07-12T18:48:53Z |
BETHESDA, Md., July 25, 2022 /PRNewswire/ -- AGNC Investment Corp. ("AGNC" or the "Company") (Nasdaq: AGNC) today announced financial results for the quarter ended June 30, 2022.
SECOND QUARTER 2022 FINANCIAL HIGHLIGHTS
- $(1.34) comprehensive loss per common share, comprised of:
- $0.83 net spread and dollar roll income per common share, excluding estimated "catch-up" premium amortization benefit 1
- $11.43 tangible net book value per common share as of June 30, 2022
- $0.36 dividends declared per common share for the second quarter
- -10.1% economic return on tangible common equity for the quarter
OTHER SECOND QUARTER HIGHLIGHTS
- $61.3 billion investment portfolio as of June 30, 2022, comprised of:
- 7.4x tangible net book value "at risk" leverage as of June 30, 2022
- Cash and unencumbered Agency MBS totaled approximately $2.8 billion as of June 30, 2022
- 7.2% average projected portfolio life CPR as of June 30, 2022
- 2.70% annualized net interest spread and TBA dollar roll income for the quarter, excluding estimated "catch-up" premium amortization benefit
- Capital markets activity
MANAGEMENT REMARKS
"Financial markets remained under significant pressure in the second quarter as the Federal Reserve indicated a more aggressive path of monetary policy tightening," said Peter Federico, the Company's President and Chief Executive Officer. "The expectation of materially higher short-term rates drove significant interest rate volatility and increased the probability of a recession. This challenging monetary policy and macro-economic environment led to broad-based financial market weakness during the second quarter. Agency MBS were no exception, as the spread between Agency MBS and swap and Treasury rates widened meaningfully in April and again in June.
"Looking ahead, while the near-term outlook continues to be uncertain, the longer-term outlook for Agency MBS has improved substantially. At current valuation levels, Agency MBS are extremely attractive relative to historical levels. The Federal Reserve has begun to reduce its portfolio organically, but that runoff will occur at a slower pace than previously anticipated as a result of reduced prepayments. Finally, and perhaps most importantly, the net supply of Agency MBS is now expected to be meaningfully lower than prior expectations.
"These positive developments provide reason for optimism that this period of weakness in the Agency MBS market is nearing its end. The favorable returns associated with Agency MBS in this wider spread regime and an improving technical outlook for mortgage supply and demand should provide a supportive backdrop for Agency MBS investors. Moreover, in this compelling investment environment, we believe AGNC is well-positioned to generate strong risk-adjusted returns for our stockholders."
"As a result of the challenging market conditions during the quarter, AGNC continued to maintain a defensive position, highlighted by lower leverage and our low interest rate exposure," said Bernice Bell, the Company's Executive Vice President and Chief Financial Officer. "Importantly, however, despite this defensive positioning, our net spread and dollar roll income per common share, excluding 'catch-up' premium amortization, increased to $0.83 for the second quarter, from $0.72 for the first quarter, due to exceptionally strong TBA dollar roll performance, higher asset yields and stable funding costs, net of our interest rate hedges. While dollar roll performance has moderated, our net spread and dollar roll income should be well protected against higher short-term rates as a result of our significant hedge portfolio."
TANGIBLE NET BOOK VALUE PER COMMON SHARE
As of June 30, 2022, the Company's tangible net book value per common share was $11.43 per share, a decrease of -12.9% for the quarter compared to $13.12 per share as of March 31, 2022. The Company's tangible net book value per common share excludes $526 million, or approximately $1.01 per share, of goodwill as of June 30, 2022 and March 31, 2022.
INVESTMENT PORTFOLIO
As of June 30, 2022, the Company's investment portfolio totaled $61.3 billion, comprised of:
- $59.5 billion of Agency MBS and TBA securities, including:
- $39.9 billion 30-year MBS,
- $15.8 billion 30-year TBA securities,
- $1.8 billion 15-year MBS,
- $0.1 billion 15-year TBA securities, and
- $1.6 billion 20-year MBS; and
- $1.8 billion of CRT and non-Agency securities.
As of June 30, 2022, 30-year and 15-year fixed-rate Agency MBS and TBA securities represented 91% and 3%, respectively, of the Company's investment portfolio, unchanged from March 31, 2022. The Company's TBA position is net of short TBA securities held as of the reporting date.
As of June 30, 2022, the Company's fixed-rate Agency MBS and TBA securities' weighted average coupon was 3.58%, compared to 3.20% as of March 31, 2022, comprised of the following weighted average coupons:
- 3.62% for 30-year fixed-rate securities;
- 3.27% for 15-year fixed rate securities; and
- 2.50% for 20-year fixed-rate securities.
The Company accounts for TBA securities and other forward settling securities as derivative instruments and recognizes TBA dollar roll income in other gain (loss), net on the Company's financial statements. As of June 30, 2022, such positions had a fair value of $15.9 billion and a GAAP net carrying value of $(107) million reported in derivative assets/(liabilities) on the Company's balance sheet, compared to $19.5 billion and $(609) million, respectively, as of March 31, 2022.
CONSTANT PREPAYMENT RATES
The Company's weighted average projected CPR for the remaining life of its Agency securities held as of June 30, 2022 decreased to 7.2% from 7.9% as of March 31, 2022. The Company's weighted average CPR for the second quarter was of 12.4%, compared to 14.5% for the prior quarter.
The weighted average cost basis of the Company's investment portfolio was 103.2% of par value as of June 30, 2022. The Company's investment portfolio generated net premium amortization cost of $(127) thousand, or less than $(0.01) per common share, for the second quarter, which includes a "catch-up" premium amortization benefit of $66 million, or $0.13 per common share, due to a decrease in the Company's CPR projections for certain securities acquired prior to the second quarter. This compares to net premium amortization benefit for the prior quarter of $78 million, or $0.15 per common share, including "catch-up" premium amortization benefit of $159 million, or $0.30 per common share.
ASSET YIELDS, COST OF FUNDS AND NET INTEREST RATE SPREAD
The Company's average asset yield on its investment portfolio, excluding the TBA position, was 3.09% for the second quarter, compared to 3.55% for the prior quarter. Excluding "catch-up" premium amortization, the Company's average asset yield was 2.58% for the second quarter, compared to 2.36% for the prior quarter. Including the TBA position and excluding "catch-up" premium amortization, the Company's average asset yield for the second quarter was 2.88%, compared to 2.28% for the prior quarter.
For the second quarter, the weighted average interest rate on the Company's repurchase agreements was 0.74%, compared to 0.23% for the prior quarter. For the second quarter, the Company's TBA position had an implied financing benefit of -0.04%, compared to a benefit of -0.49% for the prior quarter. Inclusive of interest rate swaps, the Company's combined weighted average cost of funds for the second quarter was a net cost of 0.18%, compared to a net cost of 0.09% for the prior quarter.
The Company's annualized net interest spread, including the TBA position and interest rate swaps and excluding "catch-up" premium amortization, for the second quarter was 2.70%, compared to 2.19% for the prior quarter.
NET SPREAD AND DOLLAR ROLL INCOME
The Company recognized net spread and dollar roll income (a non-GAAP financial measure) for the second quarter of $0.83 per common share, excluding $0.13 per common share of "catch-up" premium amortization benefit, compared to $0.72 per common share for the prior quarter, excluding 0.30 per common share of "catch-up" premium amortization benefit.
A reconciliation of the Company's net interest income to net spread and dollar roll income and additional information regarding the Company's use of non-GAAP measures are included later in this release.
LEVERAGE
As of June 30, 2022, $41.3 billion of repurchase agreements, $16.0 billion of net TBA dollar roll positions (at cost) and $0.1 billion of other debt were used to fund the Company's investment portfolio. The remainder, or approximately $1.9 billion, of the Company's repurchase agreements was used to fund purchases of U.S. Treasury securities ("U.S. Treasury repo") and is not included in the Company's leverage measurements. Inclusive of its TBA position and net payable/(receivable) for unsettled investment securities, the Company's tangible net book value "at risk" leverage ratio was 7.4x as of June 30, 2022, compared to 7.5x as of March 31, 2022. The Company's average "at risk" leverage for the second quarter was 7.8x tangible net book value, unchanged from the prior quarter.
As of June 30, 2022, the Company's repurchase agreements had a weighted average interest rate of 1.25%, compared to 0.37% as of March 31, 2022, and a weighted average remaining maturity of 46 days, compared to 64 days as of March 31, 2022. As of June 30, 2022, $17.8 billion, or 43%, of the Company's repurchase agreements were funded through the Company's captive broker-dealer subsidiary, Bethesda Securities, LLC.
As of June 30, 2022, the Company's repurchase agreements had remaining maturities of:
- $36.8 billion of three months or less;
- $3.0 billion from three to six months; and
- $1.4 billion from six to twelve months.
HEDGING ACTIVITIES
As of June 30, 2022, interest rate swaps, swaptions and U.S. Treasury positions equaled 126% of the Company's outstanding balance of repurchase agreements, TBA position and other debt, compared to 121% as of March 31, 2022.
As of June 30, 2022, the Company's interest rate swap position totaled $49.9 billion in notional amount, compared to $51.1 billion as of March 31, 2022. As of June 30, 2022, the Company's interest rate swap portfolio had an average fixed pay rate of 0.28%, an average receive rate of 1.51% and an average maturity of 3.9 years, compared to 0.26%, 0.30% and 4.0 years, respectively, as of March 31, 2022. As of June 30, 2022, 81% and 19% of the Company's interest rate swap portfolio were linked to the Secured Overnight Financing Rate ("SOFR") and Overnight Index Swap Rate ("OIS"), respectively.
As of June 30, 2022, the Company had payer swaptions outstanding totaling $6.8 billion, compared to $10.3 billion as of March 31, 2022, receiver swaptions outstanding totaling $0.2 billion, compared to none outstanding as of March 31, 2022, and net short U.S. Treasury positions outstanding totaling $15.9 billion, compared to $16.2 billion as of March 31, 2022.
OTHER GAIN (LOSS), NET
For the second quarter, the Company recorded a net loss of $(729) million in other gain (loss), net, or $(1.39) per common share, compared to a net loss of $(1,078) million, or $(2.06) per common share, for the prior quarter. Other gain (loss), net for the second quarter was comprised of:
- $(946) million of net realized losses on sales of investment securities;
- $(987) million of net unrealized losses on investment securities measured at fair value through net income;
- $49 million of interest rate swap periodic income;
- $786 million of net gains on interest rate swaps;
- $309 million of net gains on interest rate swaptions;
- $647 million of net gains on U.S. Treasury positions;
- $182 million of TBA dollar roll income;
- $(786) million of net mark-to-market losses on TBA securities; and
- $17 million of other miscellaneous gains.
OTHER COMPREHENSIVE LOSS
During the second quarter, the Company recorded other comprehensive loss of $(245) million, or $(0.47) per common share, consisting of net unrealized losses on the Company's Agency securities recognized through OCI, compared to $(491) million, or $(0.94) per common share, of other comprehensive loss for the prior quarter.
COMMON STOCK DIVIDENDS
During the second quarter, the Company declared dividends of $0.12 per share to common stockholders of record as of April 29, May 31, and June 30, 2022, totaling $0.36 per share for the quarter. Since its May 2008 initial public offering through the second quarter of 2022, the Company has declared a total of $11.6 billion in common stock dividends, or $45.04 per common share.
FINANCIAL STATEMENTS, OPERATING PERFORMANCE AND PORTFOLIO STATISTICS
The following measures of operating performance include net spread and dollar roll income; net spread and dollar roll income, excluding "catch-up" premium amortization; economic interest income; economic interest expense; estimated taxable income; and the related per common share measures and financial metrics derived from such information, which are non-GAAP financial measures. Please refer to "Use of Non-GAAP Financial Information" later in this release for further discussion of non-GAAP measures.
*Except as noted below, average numbers for each period are weighted based on days on the Company's books and records. All percentages are annualized, unless otherwise noted.
Numbers in financial tables may not total due to rounding.
- Tangible net book value per common share excludes preferred stock liquidation preference and goodwill.
- Table includes non-GAAP financial measures and/or amounts derived from non-GAAP measures. Refer to "Use of Non-GAAP Financial Information" for additional discussion of non-GAAP financial measures.
- Amount reported in gain (loss) on derivatives instruments and other securities, net in the accompanying consolidated statements of operations.
- Dollar roll income represents the price differential, or "price drop," between the TBA price for current month settlement versus the TBA price for forward month settlement. Amount includes dollar roll income (loss) on long and short TBA securities. Amount excludes TBA mark-to-market adjustments.
- The implied funding cost/benefit of TBA dollar roll transactions is determined using the "price drop" (Note 4) and market based assumptions regarding the "cheapest-to-deliver" collateral that can be delivered to satisfy the TBA contract, such as the anticipated collateral's weighted average coupon, weighted average maturity and projected 1-month CPR. The average implied funding cost/benefit for all TBA transactions is weighted based on the Company's daily average TBA balance outstanding for the period.
- The average implied asset yield for TBA dollar roll transactions is extrapolated by adding the average TBA implied funding cost (Note 5) to the net dollar roll yield. The net dollar roll yield is calculated by dividing dollar roll income (Note 4) by the average net TBA balance (cost basis) outstanding for the period.
- Amount calculated on a weighted average basis based on average balances outstanding during the period and their respective asset yield/funding cost.
- Represents periodic interest rate swap settlements. Amount excludes interest rate swap termination fees and mark-to-market adjustments.
- Cost of funds excludes other supplemental hedges used to hedge a portion of the Company's interest rate risk (such as swaptions and U.S. Treasury positions) and U.S. Treasury repurchase agreements.
- Represents interest rate swap periodic cost measured as a percent of total mortgage funding (Agency repurchase agreements, other debt and net TBA securities).
- "Catch-up" premium amortization cost/benefit is reported in interest income on the accompanying consolidated statements of operations.
- Investment securities include Agency MBS, CRT and non-Agency securities. Amounts exclude TBA and forward settling securities.
- Average repurchase agreements and other debt excludes U.S. Treasury repurchase agreements.
- Average stockholders' equity calculated as the average month-ended stockholders' equity during the quarter.
- Average tangible net book value "at risk" leverage during the period was calculated by dividing the sum of the daily weighted average Agency repurchase agreements, other debt, and TBA and forward settling securities (at cost) outstanding for the period by the sum of average stockholders' equity adjusted to exclude goodwill. Leverage excludes U.S. Treasury repurchase agreements.
- Tangible net book value "at risk" leverage as of period end was calculated by dividing the sum of the amount outstanding under repurchase agreements, other debt, net TBA position and forward settling securities (at cost), and net receivable / payable for unsettled investment securities outstanding by the sum of total stockholders' equity adjusted to exclude goodwill. Leverage excludes U.S. Treasury repurchase agreements.
- Average TBA coupon is for the long TBA position only.
- Includes forward starting swaps not yet in effect as of reported period-end.
- Economic return (loss) on tangible common equity represents the sum of the change in tangible net book value per common share and dividends declared on common stock during the period over the beginning tangible net book value per common share.
- Includes net TBA dollar roll position and, if applicable, forward settling securities.
STOCKHOLDER CALL
AGNC invites stockholders, prospective stockholders and analysts to attend the AGNC stockholder call on July 26, 2022 at 8:30 am ET. Interested persons who do not plan on asking a question and have internet access are encouraged to utilize the free webcast at www.AGNC.com. Those who plan on participating in the Q&A or do not have internet available may access the call by dialing (877) 300-5922 (U.S. domestic) or (412) 902-6621 (international). Please advise the operator you are dialing in for the AGNC Investment Corp. stockholder call.
A slide presentation will accompany the call and will be available at www.AGNC.com. Select the Q2 2022 Earnings Presentation link to download and print the presentation in advance of the stockholder call.
An archived audio of the stockholder call combined with the slide presentation will be available on the AGNC website after the call on July 26, 2022. In addition, there will be a phone recording available one hour after the call on July 26, 2022 through August 2, 2022. Those who are interested in hearing the recording of the presentation, can access it by dialing (877) 344-7529 (U.S. domestic) or (412) 317-0088 (international), passcode 4136711.
For further information, please contact Investor Relations at (301) 968-9300 or IR@AGNC.com.
ABOUT AGNC INVESTMENT CORP.
AGNC Investment Corp. is an internally-managed real estate investment trust ("REIT") that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S. Government-sponsored enterprise or a U.S. Government agency. For further information, please refer to www.AGNC.com.
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance. Forward-looking statements involve risks and uncertainties in predicting future results and conditions. Actual results could differ materially from those projected in these forward-looking statements or from our historic performance due to a variety of important factors, including, without limitation, changes in interest rates, changes in MBS spreads to benchmark interest rates, changes in the yield curve, changes in prepayment rates, the availability and terms of financing, changes in the market value of the Company's assets, general economic or market conditions, and conditions in the market for Agency securities, any of which may be materially impacted by changes in the Federal Reserve's bond buying program, approaches to address the size of its bond portfolio or its monetary policy, and legislative and regulatory changes that could adversely affect the business of the Company. Certain factors that could cause actual results to differ materially from those contained in the forward-looking statements, are included in the Company's periodic reports filed with the Securities and Exchange Commission ("SEC"). Copies are available on the SEC's website, www.sec.gov. The Company disclaims any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt of new information, or otherwise.
USE OF NON-GAAP FINANCIAL INFORMATION
In addition to the results presented in accordance with GAAP, the Company's results of operations discussed in this release include certain non-GAAP financial information, including "net spread and dollar roll income," "net spread and dollar roll income, excluding 'catch-up' premium amortization," "economic interest income" and "economic interest expense" (both components of "net spread and dollar roll income"), "estimated taxable income" and the related per common share measures and certain financial metrics derived from such non-GAAP information, such as "cost of funds" and "net interest spread."
"Net spread and dollar roll income" is measured as (i) net interest income (GAAP measure) adjusted to include TBA dollar roll income, interest rate swap periodic cost and other interest and dividend income (referred to as "adjusted net interest and dollar roll income") less (ii) total operating expense (GAAP measure). "Net spread and dollar roll income, excluding 'catch-up' premium amortization," further excludes retrospective "catch-up" adjustments to premium amortization cost due to changes in projected CPR estimates.
By providing users of the Company's financial information with such measures in addition to the related GAAP measures, the Company believes users will have greater transparency into the information used by the Company's management in its financial and operational decision-making. The Company also believes that it is important for users of its financial information to consider information related to the Company's current financial performance without the effects of certain transactions that are not necessarily indicative of its current investment portfolio performance and operations.
Specifically, in the case of "adjusted net interest and dollar roll income," the Company believes the inclusion of TBA dollar roll income is meaningful as TBAs, which are accounted for under GAAP as derivative instruments with gains and losses recognized in other gain (loss) in the Company's statement of operations, are economically equivalent to holding and financing generic Agency MBS using short-term repurchase agreements. Similarly, the Company believes that the inclusion of periodic interest rate swap settlements in such measure, which are recognized under GAAP in other gain (loss), is meaningful as interest rate swaps are the primary instrument the Company uses to economically hedge against fluctuations in the Company's borrowing costs and inclusion of periodic interest rate swap settlements is more indicative of the Company's total cost of funds than interest expense alone. In the case of "net spread and dollar roll income, excluding 'catch-up' premium amortization," the Company believes the exclusion of "catch-up" adjustments to premium amortization cost is meaningful as it excludes the cumulative effect from prior reporting periods due to current changes in future prepayment expectations and, therefore, exclusion of such "catch-up" cost or benefit is more indicative of the current earnings potential of the Company's investment portfolio. In the case of estimated taxable income (loss), the Company believes it is meaningful information as it is directly related to the amount of dividends the Company is required to distribute in order to maintain its REIT qualification status.
However, because such measures are incomplete measures of the Company's financial performance and involve differences from results computed in accordance with GAAP, they should be considered as supplementary to, and not as a substitute for, results computed in accordance with GAAP. In addition, because not all companies use identical calculations, the Company's presentation of such non-GAAP measures may not be comparable to other similarly-titled measures of other companies. Furthermore, estimated taxable income can include certain information that is subject to potential adjustments up to the time of filing the Company's income tax returns, which occurs after the end of its fiscal year.
A reconciliation of GAAP net interest income to non-GAAP "net spread and dollar roll income, excluding 'catch-up' premium amortization" and a reconciliation of GAAP net income to non-GAAP "estimated taxable income" is included in this release.
CONTACT:
Investors - (301) 968-9300
Media - (301) 968-9303
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SOURCE AGNC Investment Corp. | https://www.mysuncoast.com/prnewswire/2022/07/25/agnc-investment-corp-announces-second-quarter-2022-financial-results/ | 2022-07-25T21:49:57Z |
NEW YORK, May 4, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Volta Inc. f/k/a Tortoise Acquisition Corp. II (NYSE: VLTA, VLTA-WT, SNPR) between August 2, 2021 and March 28, 2022, inclusive (the "Class Period"), of the important May 31, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Volta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Volta class action, go to https://rosenlegal.com/submit-form/?case_id=4819 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Volta had improperly accounted for restricted stock units issued in connection with the Business Combination; (2) Volta had understated its net loss for third quarter 2021; (3) there were material weaknesses in Volta's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, Volta would restate its financial statements; (5) Legacy Volta's founders would imminently exit the Company; (6) Volta's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about Volta's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Volta class action, go to https://rosenlegal.com/submit-form/?case_id=4819 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/05/04/rosen-recognized-investor-counsel-encourages-volta-inc-fka-tortoise-acquisition-corp-ii-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-vlta-vlta-wt-snpr/ | 2022-05-05T02:01:36Z |
- Company closes its private placement priced at $2.00, 82% above 05/28/22 market close, to be disclosed in an 8-K filing today.
- Record Date for the Company's $40MM Rights Offering to be set pending review registration statement by the SEC.
- Rights Offering to enable each holder of record of Creatd's common shares, warrants, options, or preferred stock to purchase $2.00 Units, consisting of one share of common stock and 2 publicly tradable warrants.
NEW YORK, June 3, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), today announced that it has closed its previously discussed private placement with an aggregate principal amount of $4 million (the "Private Placement"), to be disclosed in a Form 8-K filed today.
This financing was executed concurrently with the ongoing review by the Securities and Exchange Commission (SEC) of the Company's registration statement for its previously announced $40MM Rights Offering. Based on the SEC review, the Company will announce the record date for and commence said Rights Offering in the coming weeks.
Pursuant to the Rights Offering, the Company intends to distribute two subscription rights for each share of common stock or share which may be acquired via conversion or exercise of preferred stock, warrants, or options. Each subscription right would entitle the holder to purchase one Unit at a subscription price of $2.00 per Unit. Each Unit would consist of: (i) one share of common stock, (ii) one publicly tradable 5-year warrant exercisable for $3 per share, and (iii) one publicly tradable 5-year warrant exercisable for $6 per share. The Company wishes to clarify that both warrants will be publicly tradable.
The aforementioned Rights Offering is to be made pursuant to the Company's registration statement on Form S-1, which has not yet been declared effective by the SEC. The prospectus relating to and describing the terms of the Rights Offering has been filed with the SEC on May 27, 2022, and is available on the SEC's website at EDGAR Entity Landing Page (sec.gov).
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer will be made only by means of a prospectus forming part of the registration statement.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. The Company has four main business segments, or 'pillars': Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios. Each pillar is characterized by a distinct revenue model, while operating on a shared-services structure and proprietary data collected from our multiple technology platforms. Creatd's pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy.
Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com
Forward-Looking Statements
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
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SOURCE Creatd, Inc. | https://www.kxii.com/prnewswire/2022/06/03/creatd-closes-4mm-private-placement-upcoming-rights-offering-enable-existing-shareholders-purchase-200-units-consisting-common-stock-publicly-tradable-warrants/ | 2022-06-03T14:47:29Z |
TORONTO, Aug. 5, 2022 /PRNewswire/ - Info-Tech Research Group, a global IT research and advisory firm, has published its latest research on enterprise architecture, titled Enterprise Architecture Trends report. This new report details the top five enterprise architecture trends from Info-Tech's proprietary data and interviews conducted with IT leaders over the past year. With the current need for organizations to accelerate digital transformation activities in order to compete in the digital age, the role of enterprise architecture (EA) has increased in importance to align the business and technology. With the current need for organizations to accelerate digital transformation activities in order to compete in the digital age, the role of enterprise architecture (EA) has increased in importance to align the business and technology.
Although this accelerated transformation has brought business and technology increasingly closer, according to Info-Tech's Tech Trends 2022 survey, most organizations still see a significant gap between the business and IT, and more than 70% of organizations surveyed by the firm are revamping their EA programs.
"Enterprise architecture can be thought of as the glue of the organization," says Milena Litoiu, Principal Research Director of the Enterprise Architecture practice at Info-Tech Research Group. "EA aligns business goals with all the other aspects of the organization, providing additional effectiveness and efficiencies while also providing guardrails for safety."
Five trends from Info-Tech's Enterprise Architecture Trends Report:
EA's role in brokering and negotiating overlapping areas can lead to the creation of additional efficiencies at the enterprise level. The following five trends outlined in Info-Tech's research detail where EA impacts business, creating the critical alignment between business and IT. To compete in an increasingly digital market, these trends should be top of mind for enterprise architects and IT leaders over the coming months:
- Enterprise Architecture Enabling Business Agility. Business agility is needed more than ever, increasing reliance on enterprise strategies. To achieve nimbleness, organizations must adapt quickly to environmental changes. A plethora of approaches, such as architecture modularity, data integration, AI, and machine learning, are required in addition to other Agile or iterative approaches for the entire organization.
- Enterprise Architecture–Supported Security. More sophisticated security attacks require increased enterprise coordination and consistency. EA can play a role in identifying security threats and contributing to a security strategy that anticipates, detects, and mitigates risks. Adequate governance needs to be in place, ensuring that security controls are in line with the governance security policies and compliance requirements.
- Partnership Between Innovation and Enterprise Architecture. Digitization accelerates business innovation. EA's role increases synergies at the enterprise level, and innovation may be achieved at every level of the organization, from new business models to rethinking how technology supports the business.
- Collaborative Enterprise Architecture. Collaborative EA requires new ways of working within the company and new potential relationships with vendors and suppliers. EA encourages collaboration within the domain guilds across different business units and orchestrates cross-domain collaboration at the enterprise level.
- Enterprise Architecture Tools and Automation. More EA activities are being automated through intelligent tools, allowing organizations to adjust quickly to changes in the environment.
"In an accelerated path to digitization, the increasingly important role of enterprise architecture is one of collaboration across siloes, inside and outside the enterprise, in a configurable way," explains Litoiu. "This level of collaboration allows for a rapid response to new threats and conditions. By embracing these unprecedented opportunities to scale, organizations can stimulate innovation and amplify their competitive advantage."
The trends outlined in the report will provide enterprise architects and IT leaders with the knowledge and resources to support executives in digitally transforming the enterprise.
The comprehensive report is now available. Download the complete Enterprise Architecture Trends report to read more about each trend.
To learn more about Info-Tech Research Group and to download all the latest research, visit infotech.com and connect via LinkedIn, Twitter, and Facebook.
Info-Tech Research Group is one of the world's leading information technology research and advisory firms, proudly serving over 30,000 IT professionals. The company produces unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. For 25 years, Info-Tech has partnered closely with IT teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
Media professionals can register for unrestricted access to research across IT, HR, and software and over 200 IT and Industry analysts through the ITRG Media Insiders Program. To gain access, contact pr@infotech.com.
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SOURCE Info-Tech Research Group | https://www.kxii.com/prnewswire/2022/08/05/new-trends-report-details-enterprise-architectures-pivotal-role-organizations-digital-transformation-efforts/ | 2022-08-05T16:02:50Z |
TORRINGTON, Conn., Aug. 30, 2022 /PRNewswire/ -- Therap Services, a Person-Centered, Data Driven solution provider in Home and Community-Based Services (HCBS), Long-Term Services and Supports (LTSS) and other human services settings, has introduced a new Electronic Visit Verification (EVV) Dashboard in its Business Intelligence platform to help service providers visualize graphics from comprehensive analytics on their Scheduling/EVV data. The module also offers myriad reporting features, data comparison & data filtering capabilities for service providers to further develop a Data-Driven approach to enhance and improve their Person-Centered services for individuals.
The Business Intelligence platform in Therap can be used for aggregating agency-wide data and reporting through several dashboards. Service providers working in the human services field can create meaningful reports across several dashboards from the captured data at their agency using Therap's Business Intelligence Dashboards. Furthermore, users can easily navigate through these data using comprehensive graphs & charts, helping them determine scopes and opportunities for quality improvement, enhanced agency performance and identification of trends.
Therap's HIPAA compliant Scheduling/Electronic Visit Verification (EVV) module is designed for states & providers to build staff schedules (for in-home & community based services), track staff hours and monitor individual service allocation. This module also has a self check-in feature that allows users who are schedulable for that specific service to check in without an approved Schedule Slot in advance. This option is helpful for flexible services where the scheduler is not creating slots in advance.
Therap Services offers mobile solutions (Android and iOS) with adaptable tools that allow users to record essential data for services delivered from point-of-service remotely in home and community settings. Therap's Mobile Applications include geolocation features, electronic timestamps and also support offline capability. Therap's EVV Dashboard generates statistical presentation of Scheduling/EVV data of an agency. Using this data, users can generate extensive reports to display records of services provided to individuals and induce prompt payment for the provided services.
For more information on Therap's Business Intelligence Performance Dashboards, please visit https://www.therapservices.net/products/business-intelligence-platform-offers-agency-performance-dashboards/
Therap's comprehensive and HIPAA-compliant software is used in human services settings for documentation, communication, reporting, EVV and billing.
Learn more at www.therapservices.net.
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SOURCE Therap Services | https://www.wibw.com/prnewswire/2022/08/30/theraps-business-intelligence-platform-introduces-new-electronic-visit-verification-evv-dashboard-allow-visual-display-schedulingevv-data-service-providers-human-services-settings/ | 2022-08-30T17:26:47Z |
Saturday forecast: Hot and humid before severe storms this evening
Storms move into northeast Kansas after 5 PM with risk of severe weather
TOPEKA, Kan. (WIBW) - This weekend is shaping up to be hot and humid with highs in the low to mid 90s and peak heat index values near 100°. Mostly sunny conditions are expected today with a south wind at 5 to 15 mph. After 5 PM, thunderstorms will arrive in far northern Kansas and move southward across the rest of the area during the evening.
Some of the storms could be severe with damaging wind gusts up to 70 mph, large hail up to golf ball size, and possibly a tornado. The highest chance of rain is for places near and east of Highway 75.
The storms should end by midnight tonight, and Sunday will be dry with a mix of clouds and sunshine. Temperatures are forecast to reach the low to mid 90s Sunday afternoon with heat indices again near 100°.
Monday looks to be the hottest day next week with highs in the mid to upper 90s and triple-digit heat indices. South winds will be stronger on Monday, gusting up to 35 mph. The hot weather is not going anywhere anytime soon with highs remaining in the 90s each of the next eight days.
Today: Mostly sunny. High 92F. Winds S at 5 to 15 mph.
Tonight: Thunderstorms possible during the evening. A few storms may be severe. Low 71F. Winds N at 5 to 10 mph. Chance of rain 70%.
Sunday: Partly cloudy. High 93F. Winds SE at 5 to 15 mph.
Monday: Mostly sunny; windy. High 96F. Winds S at 15 to 25 mph, gusting to 35 mph.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/11/saturday-forecast-hot-humid-before-severe-storms-this-evening/ | 2022-06-11T14:43:15Z |
MADRID (AP) — Protesters including brothel owners and sex workers demonstrated Monday in front of the Spanish Parliament over a bill that would penalize prostitution customers and sex club owners or pimps with sentences up to 4 years in prison.
The bill backed by the ruling left-wing PSOE party proposes broadening the definition of pimping, not making the exploitation of a prostitute necessary but a mere trade relation. For the first time in Spain, it would also penalize customers.
Demonstrators wore face masks and used bright red umbrellas to conceal their identities.
“We ask the socialist party to withdraw the bill, that implies an actual abolition of prostitution and condemns us to work underground,” said Susana Pastor, the president of the Platform against Abolition. She owns an apartment in Valencia where women rent rooms to offer sexual services.
“I came here today to protect my job,” said one demonstrator, Sandra, a single mother who has done sex work for 12 years.
But the new sex worker union Otras didn’t back Monday’s protest because sex club owners arranged it.
“They don’t look after sex workers’ rights at all,” Otras secretary general Concha Borrell told The Associated Press.
Borrell demands legal contracts for sex workers and estimates there are around 200,000 in Spain.
Other groups, including some feminists, oppose normalizing prostitution as a regulated trade.
Charo Carracedo, lawyer and president of PAP, which advocates for the full abolition of prostitution, told the AP that the new bill is a huge step for the country but should come with provisions to give vulnerable women better access to jobs or subsidies.
“It’s essential to offer alternatives to prostitution survivors,”Carracedo said.
Both Otras and the sex business owners deny the government’s data that says 90% of the sex work in Spain is forced. Police say 491 victims of trafficking and sexual exploitation were rescued in Spain in 2021.
On a European level, the European Parliament estimates there are up to 180,000 trafficking victims exploited in prostitution and the industry generates 10.8 billion euros ($10.9 billion) a year in the bloc.
Spain is considered to have one of the laxest legal frameworks for prostitution in Europe, only punishing when exploitation or abuse can be proven. The proposed bill would punish both clients and enablers. It still needs to pass through parliament.
Spain has also recently forbidden ads for prostitution. | https://cw33.com/health/ap-health/ap-spanish-sex-club-owners-workers-protest-prostitution-bill/ | 2022-09-12T23:48:13Z |
Renowned hepatologist, Dr. Arvind Murali, joins the team to lead the effort.
ORLANDO, Fla., April 13, 2022 /PRNewswire/ -- Arvind Murali, MBBS (Bachelor of Medicine, Bachelor of Surgery) has joined the Orlando Health Digestive Health Institute, the highly specialized gastrointestinal diagnostic and treatment center designed and developed to serve patients from across the southeastern United States. Dr. Murali, who is board certified in gastroenterology and hepatology will establish the Orlando Health Digestive Health Institute Liver Center — a liver care specialty area and begin the groundwork for establishing an abdominal solid organ transplant program for the health system.
Dr. Murali specializes in the treatment of diseases of the liver and managing patients before and after liver transplants. He focuses on alcohol associated liver disease, fatty liver disease, viral hepatitis, cirrhosis and its complications, liver cancer, and genetic diseases of the liver, and other conditions.
"The development of a liver center is a significant milestone in the Digestive Health Institute's goal towards establishing a transplant program," said Shyam S. Varadarajulu, MD, president, Orlando Health Digestive Health Institute. "We are thrilled to have Dr. Arvind Murali lead this exciting venture."
Dr. Murali, earned a medical degree from Bangalore Medical College & Research Institute in Bangalore, India. His training includes a residency in internal medicine at Cook County Hospital's John Stroger, Jr. Hospital in Chicago, Illinois, and a fellowship in gastroenterology, hepatology, and transplant hepatology at University of Iowa hospitals & Clinics in Iowa City, Iowa.
His research interests include non-alcoholic fatty liver disease and liver cancer; outcomes after liver transplantation; genetic and metabolic disease of the liver; and colon cancer screening and surveillance.
Dr. Murali has been published in several medical journals including Clinical Gastroenterology and Hepatology, Clinical Liver Disease, Hepatology, Liver Transplantation, Endoscopy, Journal of Gastroenterology and Hepatology.
He is a member of the American College of Gastroenterology and the American Association for the Study of Liver Diseases.
About Orlando Health
Orlando Health, headquartered in Orlando, Florida, is a not-for-profit healthcare organization with $7.6 billion of assets under management that serves the southeastern United States.
Founded more than 100 years ago, the healthcare system is recognized around the world for its pediatric and adult Level One Trauma program as well as the only state-accredited Level Two Adult Trauma Center in the St. Petersburg region. It is the home of the nation's largest neonatal intensive care unit under one roof, the only system in the southeast to offer open fetal surgery to repair the most severe forms of spina bifida, the site of an Olympic athlete training facility and operator of one of the largest and highest performing clinically integrated networks in the region. Orlando Health has pioneered life-changing medical research and its Graduate Medical Education program hosts more than 350 residents and fellows. The 3,200-bed system includes 16 wholly-owned hospitals and emergency departments; rehabilitation services, cancer and heart institutes, imaging and laboratory services, wound care centers, physician offices for adults and pediatrics, skilled nursing facilities, an in-patient behavioral health facility, home healthcare services in partnership with LHC Group, and urgent care centers in partnership with FastMed Urgent Care. Nearly 4,500 physicians, representing more than 90 medical specialties and subspecialties have privileges across the Orlando Health system, which employs more than 23,000 team members. In FY21, Orlando Health served nearly 160,000 inpatients and nearly 3.6 million outpatients. During that same time period, Orlando Health provided approximately $648 million in total value to the communities it serves in the form of charity care, community benefit programs and services, community building activities and more. Additional information can be found at http://www.orlandohealth.com, or follow us on LinkedIn, Facebook, Instagram and Twitter @orlandohealth.
Media Contact:
Sabrina Childress
Media Relations & Public Affairs Manager
Orlando Health
321.841.8748
sabrina.childress@orlandohealth.com
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SOURCE Orlando Health, Inc. | https://www.kxii.com/prnewswire/2022/04/13/orlando-health-digestive-health-institute-establish-liver-center-begin-groundwork-solid-organ-transplant-program/ | 2022-04-13T20:05:27Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Stitch Fix, Inc. (NASDAQ: SFIX) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of purchasers of Stitch Fix Class A common stock between December 8, 2020, and March 8, 2022, inclusive.
Lead Plaintiff Deadline: October 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in SFIX:
https://www.kleinstocklaw.com/pslra-1/stitch-fix-loss-submission-form?id=31357&from=4
CLASS ACTION CASE DETAILS: According to the filed complaint, Stitch Fix made numerous false and misleading statements to investors concerning the synergy between the Company's Fix and Freestyle programs, and repeatedly denied claims that the Freestyle program could cannibalize the Company's legacy Fix business. Specifically, Stitch Fix repeatedly assured investors that the Company's Freestyle business was "an additive experience" and "complementary" to the Fix business, that "the combination of those two things will allow us to address many more types of clients," and that "we see solid growth in both sides of the business." In truth, Stitch Fix concealed that these programs were not complementary or additive. Stitch Fix knew that the Freestyle program would be much preferred to the Company's original Fix model and that the Freestyle program would inevitably cannibalize the Company's legacy Fix business.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Stitch Fix you have until October 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Stitch Fix securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the SFIX lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/stitch-fix-loss-submission-form?id=31357&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
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59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/09/06/sfix-alert-klein-law-firm-announces-lead-plaintiff-deadline-october-25-2022-class-action-filed-behalf-stitch-fix-inc-shareholders/ | 2022-09-06T17:38:30Z |
Boeing ‘probably shouldn’t have taken’ Trump-negotiated Air Force One deal, CEO says
By Gregory Wallace, CNN
Boeing’s CEO on Wednesday called the unusual deal his predecessor negotiated with then-President Donald Trump for the next generation of Air Force One a one-off that he hopes not to repeat.
“Air Force One, I’m just going to call a very unique moment, a very unique negotiation. A very unique set of risks that Boeing probably shouldn’t have taken,” CEO David Calhoun said. “But we are where we are.”
Boeing made the deal in 2018 after Trump publicly criticized the program’s costs, writing “Cancel order!” and amid Trump’s tough rhetoric on China that risked consequences for Boeing and other US exporters.
Calhoun spoke on the company’s quarterly earnings call and promised investors “a very different philosophy” to fixing in advance the price for military projects.
Boeing agreed to a fixed $3.9 billion price tag but has since encountered issues and higher costs that threaten to delay delivery of the two 747 jets until the end of 2026, approximately two years later than Boeing promised.
Earlier this month, the Air Force attributed the delay to a “combination of factors including impacts from the Covid-19 pandemic, interiors supplier transition, manpower limitations, wiring design timelines and test execution rates.” Boeing declined at the time to comment on the delay.
Calhoun said the coronavirus pandemic complicated work because only a limited number of workers have the high-level security clearances necessary to work on the project.
“When a Covid line goes down or a group of workers steps out, we don’t have a whole bunch of cleared people to step into their shoes,” he said.
“For VC-25B where the clearances are ultra-high, it’s really tough,” he continued, using the military model number to describe the jets.
The former President, with his deal-making persona, took an unusually hands-on approach to the Air Force One deal. He personally met with Boeing big-wigs at the White House to seal the deal. He also shared drawings for a new red, white and blue color scheme for the jets.
Other factors complicated the Trump-Boeing relationship. The company faced business pressure from his sharp criticism of China. Following a pair of deadly crashes, the President personally announced the grounding of Boeing’s 737 MAX jet — a matter typically handled by the Federal Aviation Administration. And his acting defense secretary, who ultimately withdrew from consideration for the permanent job after allegations of domestic violence surfaced, was a former Boeing executive.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/27/boeing-probably-shouldnt-have-taken-trump-negotiated-air-force-one-deal-ceo-says/ | 2022-04-27T23:44:20Z |
VERO BEACH, Fla., July 16, 2022 /PRNewswire/ -- Watercrest Senior Living Group proudly announces that Watercrest Myrtle Beach Assisted Living and Memory Care has been awarded Best Assisted Living Community in the 2022 Best of the Grand Strand Awards.
WMBF News of Myrtle Beach hosts the annual competition with over 148,000 votes cast in six major categories this year and Watercrest Myrtle Beach taking home Best Assisted Living community. The "Grand Strand" moniker is the handiwork of a local newspaper columnist, who in 1945 penned the name for the 60-mile stretch of coastline running from Georgetown on the southern end to Little River in the north.
Watercrest Myrtle Beach is a newly-constructed 98-unit, luxury senior living campus comprised of 76 assisted living and 22 memory care residences with resort-style amenities and exceptional care. The comfortably, classy design includes a stunning promenade, fireplace, signature water wall, cigar and scotch lounge, multiple dining venues, Southern style outdoor living spaces, Art Studio and Gallery, and the coveted Spa W. The community offers residents world-class wellness amenities including therapeutic live moss walls, a resort-style pool, light and salt therapy, and a state-of-the-art fitness and physical therapy center.
Ideally located at 6151 Colline Verdi Way, the exterior landscaping of Watercrest Myrtle Beach boasts a PGA-worthy putting green with purposeful awnings for shade, and individual gardening stations to appeal to horticulturists and nature lovers alike. The illuminated walking paths are surrounded by lush lawns and interwoven amongst rock-scaped ponds and gorgeous arbors to create destinations and relaxing gathering spaces. Watercrest Myrtle Beach was recently honored by the City of Myrtle Beach for exceptional landscape design and aesthetics.
"We are honored to be recognized by our peers and community members of Myrtle Beach as the 'Best Assisted Living Community'," says Hunter Weaver, Executive Director of Watercrest Myrtle Beach. "We have an outstanding team of dedicated associates and amazing residents and we look forward to welcoming new residents to our Watercrest family."
For information about Watercrest Myrtle Beach, contact the community at 843-483-6740.
With multiple senior living projects in development throughout the southeast, Watercrest Senior Living Group is setting new standards of quality for seniors and their families in the development of upscale senior living communities. Watercrest Myrtle Beach is one of two senior living development projects partnered between Watercrest, Corecam Capital Partners, and Peninsula Alternative Real Estate.
Watercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. Watercrest communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming offering unparalleled service to seniors living with Alzheimer's and dementia. A certified Great Place to Work, Watercrest specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. For information, visit www.watercrestseniorliving.com.
Corecam Capital Partners is a Direct Investments Platform focused on Private Equity, Real Estate and Venture Capital. Corecam Capital Partners targets private investment opportunities alongside its investors and provides access to its proprietary deal sourcing. All investments are structured in-house by a team of investment professionals located in Zurich, Vienna, Singapore and Ho Chi Minh City.
Peninsula Alternative Real Estate ("PARE") is a leading private equity firm in the Student & Senior housing space and a vertical within Peninsula Investments Group. PARE provides equity and mezzanine financing to leading developer-operators in the student housing, senior housing, and multifamily space following institutional quality processes developed over the last decade.
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SOURCE Watercrest Senior Living Group | https://www.kxii.com/prnewswire/2022/07/16/watercrest-myrtle-beach-assisted-living-memory-care-wins-best-assisted-living-2022-best-grand-strand-awards/ | 2022-07-16T21:41:25Z |
Fans of "Cast Away," the 2000 survival drama starring Tom Hanks, must have been happy to see the actor throwing the first pitch at the Cleveland Guardians' Opening Day on Friday.
The film features Hanks as a FedEx systems analyst who washes up on an uninhabited island after his plane crashes. As he struggles to survive alone on the island, he begins to use a Wilson Sporting Goods volleyball as his confidant, drawing a smiley face into his own bloody handprint on the ball.
"Joining Tom, please welcome his former co-star from the movie "Cast Away," said an announcer in the video. "It's Wilson, the volleyball!"
After a brief detour to catch Wilson after he rolled away, Hanks delivered the ceremonial throw to Larry Doby Jr., whose father was the first Black player in the American League, not long after Jackie Robinson broke the color barrier in the majors, according to a news release from Major League Baseball.
The actor has long been a fan of Cleveland baseball, according to the MLB.
Unfortunately, Hanks' ceremonial throw wasn't enough to win the game: The Guardians lost to the San Francisco Giants 4-1.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/tom-hanks-reunites-with-wilson-from-cast-away-while-throwing-first-pitch-in-cleveland/article_4b0227a4-869e-5197-a110-0c015e1824d5.html | 2022-04-17T01:03:55Z |
NEW YORK, June 16, 2022 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating potential claims involving directors and officers regarding possible breaches of fiduciary duties related to whether insiders caused their companies to make false and/or misleading statements and/or failed to disclose, among other things, that:
- 2U, Inc. (NASDAQ: TWOU)
During the period February 26, 2018 through July 30, 2019 (1) the Company faced increasing competition in online education and particularly regarding graduate programs; (2) the Company faced certain program-specific issues that negatively impacted its performance; (3) as a result, the Company's business model was not sustainable; (4) the Company would slow its program launches; and (5) as a result of the foregoing, positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis..
- The Boston Beer Company, Inc. (NYSE: SAM)
(1) that Boston Beer's hard seltzer sales were decelerating; (2) that, as a result, Boston Beer was reasonably likely to incur inventory write-offs; (3) that the Company was reasonably likely to incur shortfall fees payable to third party brewers; (4) that, as a result of the foregoing, Boston Beer's financial results would be adversely impacted; and (5) that, as a result of the foregoing, positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you currently own TWOU and purchased prior to February 26, 2018 or SAM and purchased prior to April 22, 2021 please contact Justin Kuehn, Esq. by email at jkuehn@moorekuehn.com or telephone at (212) 709-8245. There is no cost to you. Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers. Please visit http://www.moorekuehn.com/practice/new-york-shareholder-derivative-litigation/
Attorney advertising. Prior results do not guarantee similar outcomes.
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC | https://www.kxii.com/prnewswire/2022/06/16/moore-kuehn-pllc-encourages-investors-twou-sam-contact-law-firm/ | 2022-06-16T21:12:02Z |
Judge acquits man of misdemeanors in Capitol riot trial
WASHINGTON (AP) — A federal judge on Wednesday acquitted a New Mexico man of misdemeanor charges that he illegally entered the U.S. Capitol and engaged in disorderly conduct after he walked into the building during last year’s riot.
U.S. District Judge Trevor McFadden issued the verdict from the bench after hearing testimony without a jury in the case against Matthew Martin. McFadden, who was nominated by former President Donald Trump, acquitted Martin of all four counts for which he was charged.
McFadden said it was reasonable for Martin to believe that outnumbered police officers allowed him and others to enter the Capitol through the Rotunda doors on Jan. 6, 2021. The judge also said Martin’s actions were “about as minimal and non-serious” as anyone who was at the Capitol that day.
Martin is the third Capitol riot defendant whose case has been resolved by a trial. He is the first of the three to be acquitted of all charges that he faced. The first two Capitol riot trials ended with convictions, although McFadden acquitted one of those defendants of a disorderly conduct charge after a bench trial last month.
In the same courthouse where Martin was acquitted, a fourth trial continued on Wednesday for a former Virginia police officer who is charged with storming the Capitol with another off-duty officer. Jurors heard testimony from the fellow officer, who pleaded guilty to a riot-related charge and agreed to be a witness for prosecutors.
Martin, whose bench trial started Tuesday, testified that a police officer waved him into the building after the riot erupted. A prosecutor dismissed that testimony as “nonsense.”
The judge, however, said video shows two police officers standing near the Rotunda doors and allowing people to enter as Martin approached. One of the officers appeared to lean back before Martin placed a hand on the officer’s shoulder as a possible sign of gratitude, the judge said.
McFadden described Martin’s testimony as “largely credible.” The judge said it was not unreasonable for him to believe that officers allowed him to enter the Capitol, even though alarms were blaring and broken glass was strewn about the floor.
Martin was charged with four misdemeanor counts: entering and remaining in a restricted building, disorderly and disruptive conduct in a restricted building, violent entry and disorderly conduct in a Capitol building and parading, demonstrating or picketing in a Capitol building.
The judge said Martin appeared to be a “silent observer of the actions of others.” McFadden didn’t find any evidence that Martin intended to disrupt Congress from certifying President Joe Biden’s electoral victory.
Dozens of Capitol riot defendants have pleaded guilty and been sentenced, but Martin is the first to testify at a trial. His acquittal could embolden others to gamble on a bench trial, although McFadden so far is the only judge to preside over one and decide a case.
Martin said he “went with the flow” as he approached the Capitol and testified that he saw a police officer wave him into the building. Martin remained inside the Capitol for about 10 minutes after entering the building through the Rotunda doors, according to prosecutors.
Martin said he “enjoyed the day” of the riot.
“It was a magical day in many ways,” he testified on Tuesday before adding, “I know some bad things happened.”
“You understand that police officers died?” Justice Department prosecutor Michael Romano asked Martin.
At least nine people died in the riot or its aftermath. One officer died after he collapsed hours after being sprayed with bear spray and other officers who tried to quell the riot died by suicide in the months following the attack.
Prosecutors said Martin, an engineer, worked for a government contractor at the National Laboratory in Los Alamos, New Mexico, and held a top-secret security clearance on Jan. 6. Martin said he actually worked at a different facility in Los Alamos.
Defense attorney Dan Cron said Martin saw another person shake a police officer’s hand after entering the Capitol. Martin placed his hand on an officer’s shoulder “as a gesture of thanks and of good will,” Cron said.
Romano, the Justice Department prosecutor, said Martin joined the mob in crowding police officers who were trying to disperse the crowd. The prosecutor said Martin knew that he wasn’t allowed to be in the Capitol.
“The idea that he thought he had permission to do that is nonsense,” Romano said.
Other riot defendants have claimed police waved them in or said they could enter.
McFadden presided over a bench trial last month for Cuoy Griffin, a county official in New Mexico. The judge on March 22 convicted Griffin of illegally entering restricted U.S. Capitol grounds but acquitted him of engaging in disorderly conduct.
On March 8, a jury decided the first Capitol riot trial by convicting a Texas man, Guy Reffitt, of storming the Capitol with a holstered handgun.
After Martin’s acquittal Wednesday, a jury in a different courtroom heard a second day of testimony for the trial of former Rocky Mount, Virginia, police officer Thomas Robertson. The town fired Robertson and another officer, Jacob Fracker, who joined him at the Capitol on Jan. 6.
Fracker was scheduled to be tried alongside Robertson before he pleaded guilty last month to a conspiracy charge and agreed to testify against somebody who was his mentor and a father figure.
“I absolutely hate this,” Fracker said. “I’ve always been on the other side of things, the good guys’ side so to speak.”
Fracker testified that he and Robertson both believed the 2020 presidential election had been stolen from Trump. Fracker said they both wore gas masks as they joined a mob in storming the Capitol.
Asked why he went to the Capitol that day, Fracker said he wanted to play a part in overturning the election results.
“I felt like we had maybe been heard by whoever it was we needed to be heard by,” Fracker said.
He said he has grown ashamed of his actions on Jan. 6.
“That’s not the person I am,” he said. “I wasn’t raised like that.”
Fracker is due to be cross-examined by one of Robertson’s lawyers on Thursday.
Prosecutors plan to call two more witnesses, a police officer and FBI agent. A defense attorney said Robertson may testify. Jurors could hear attorneys’ closing arguments as soon as Friday.
More than 770 people have been charged with riot-related federal crimes. Over 240 of them have pleaded guilty, mostly to misdemeanors, and over 140 of them have been sentenced.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/06/man-who-testified-his-capitol-riot-trial-awaits-verdict/ | 2022-04-06T23:40:38Z |
NEW YORK, June 23, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) announces the expansion of its Blue Streak® line. SMP's latest Blue Streak® product release includes 23 new part numbers in the Direct Ignition and Variable Valve Timing categories.
As part of the expansion, SMP is pleased to introduce new Blue Streak® Ignition Coil Multi-Pack Kits. These kits include a full set of heavier-duty ignition coils providing technicians exactly what they need for a complete coil service. Many of the most popular Blue Streak® Ignition Coils are now available in these multi-packs, with coverage for over 23 million repair opportunities. Blue Streak® Heavier-Duty Coils are engineered with improvements and upgrades that continue to elevate Blue Streak® products above the competition.
Also added to the Blue Streak® lineup are Variable Valve Timing Solenoid Kits for 2017-06 General Motors vehicles equipped with the 2.4L engine and 2010-1999 Lexus and Toyota vehicles powered by 3.0L and 3.3L 6-cylinder engines. Each kit includes two premium Blue Streak® Solenoids along with the necessary hardware, for a complete VVT solenoid repair solution.
Additionally, nine VVT Solenoids, engineered and manufactured at SMP's Poland facility, will now be available in the Blue Streak® brand. This adds coverage for over 21 million vehicles in operation. Blue Streak® VVT Solenoids feature upgrades that ensure proper application-specific performance and long service life.
John Herc, Vice President Engine Management Marketing, SMP, stated, "The newest additions to our Blue Streak® program are a testament to our commitment to the high level of quality and durability professional technicians have always expected from our Blue Streak® brand."
All new applications are listed in the catalog found at StandardBrand.com, and in electronic catalog providers.
About Blue Streak® by Standard®
Since its introduction, the Blue Streak® brand has been known for premium automotive quality. Made to stand the test of time, Blue Streak® parts are always engineered for superior performance and durability. Featuring heavier- duty ignition coils, premium VVT components, hi-temp blower motor resistor kits, and ignition coils for import vehicles, the Blue Streak® line has been the professional technicians' choice since 1934, and every Blue Streak® part is backed by our limited lifetime warranty. To learn more, visit StandardBlueStreak.com.
About SMP
With over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium automotive replacement parts. SMP supplies independent professional technicians and do- it-yourselfers with high quality replacement parts for engine management, ignition, emissions, fuel and safety- related systems, as well as temperature control products for domestic and import cars and light trucks. SMP products are sold worldwide through both traditional and non-traditional distribution channels. For more information, download the SMP Parts App or visit smpcorp.com.
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SOURCE Standard Motor Products, Inc. | https://www.wibw.com/prnewswire/2022/06/23/standard-motor-products-introduces-new-blue-streak-products/ | 2022-06-23T20:59:58Z |
The November midterm elections are fast approaching, and with them the unofficial start of the 2024 presidential election cycle.
Prospective candidates may begin announcing their plans to run for the White House at any time now, or mere days or weeks after Election Day.
Questions have lingered about if President Biden plans to run for reelection given his age and that his approval rating — though improving recently — has remained below 50 percent for the past year. Biden, who is the oldest president the United States has had, would be 82 on Inauguration Day in 2025 if he runs for a second term.
Biden has maintained that, like most first-term commanders in chief, he plans to run for reelection, but historical precedent exists for those who have declined to do so.
Three presidents have completed one full term and declined to run for a second. Three others completed the remainder of their predecessor’s term and then were elected to one in their own right before deciding against running in a second election.
Here are the presidents who have chosen not to stand for a second term in office, from most recent to the earliest case:
Lyndon B. Johnson
President Lyndon B. Johnson was the most recent president to choose not to run for reelection in 1968. Johnson’s presidency, which he had sought to focus on Civil Rights and expanding the social safety net under the “Great Society,” had become consumed by the Vietnam War, fiercely dividing the country.
Johnson ascended to the presidency in 1963 following the assassination of President John F. Kennedy. The 22nd Amendment to the Constitution limits presidents to serve no more than two full terms or a total of 10 years, so Johnson was eligible for reelection in 1968 to a second four-year term because he served less than two years in finishing Kennedy’s term.
Johnson was widely expected to run and easily win the Democratic nomination in 1968 despite declining approval ratings below 50 percent. Johnson did receive a primary challenge from Sen. Eugene McCarthy (D-Minn.), who ran in opposition to the war.
LBJ narrowly won the New Hampshire primary in March of that year, but McCarthy nearly upset the president with winning more than 40 percent of the vote. Johnson’s competition increased a few days later when Sen. Robert Kennedy (D-Mass.) announced his candidacy.
Johnson gave a televised address to the country on March 31, 1968, in which he announced he would not seek or accept his party’s nomination for another term, pledging to spend the rest of his administration on efforts to reach an end to the war.
Harry Truman
President Harry Truman was the last president who was not term-limited under the 22nd Amendment, with the amendment having been ratified during his administration. Truman completed most of President Franklin Roosevelt’s fourth term after he died in office in 1945 and won a close, upset victory in the 1948 election for his own term.
Truman is considered among the best presidents in recent presidential ranking polls. But as the Korean War lingered in a virtual stalemate and inflation rose, he had poor approval ratings, receiving the lowest recorded approval rating in a Gallup poll in February 1952 at 22 percent.
The president’s name was entered into the New Hampshire primary but finished in second place to Sen. Estes Kefauver (D-Tenn.). Primaries did not play the role in selecting the eventual nominee that they do today, but the loss was not a positive sign.
Truman announced three weeks later that he would not seek reelection.
Calvin Coolidge
President Calvin Coolidge was only the second person to ascend to the presidency upon the death of his predecessor and then be elected to a full term, after Theodore Roosevelt. He was serving as vice president and became president when Warren Harding died in 1923 and won the 1924 election in a landslide victory over his Democratic opponent.
Coolidge’s presidency was defined by the Roaring Twenties, during which business boomed as the country came out of World War I. He was wildly popular among the American people at the time, leading to a great deal of surprise when he announced he did not plan to seek reelection in 1928.
Coolidge handed out handwritten strips of paper to reporters that said “I do not choose to run” during his summer vacation in 1927, according to the University of Virginia’s Miller Center.
Coolidge never fully explained his reasoning behind deciding against running again, but he wrote in his autobiography that he was ready to be “relieved of the pretensions and delusions of public life,” according to the Miller Center.
Rutherford B. Hayes
President Rutherford Hayes was elected president in the contentious election 1876, becoming the second president to win the presidency through the Electoral College while losing the popular vote.
Hayes had promised during the 1876 campaign to only serve one term while running for office, stating his intention in his letter accepting the Republican nomination, according to the Miller Center.
He was a leader of a faction of the Republican Party that supported reforming the civil service, to have it based on merit instead of political patronage.
Hayes said in his letter that he believed reform could most likely be accomplished by a president who is “under no temptation to use the patronage of his office, to promote his own re-election,” according to his presidential library and museum’s website.
James Buchanan
President James Buchanan’s term began as the country was hurdling toward the Civil War. He was elected president in 1856 with a comfortable plurality of the popular vote but failed to receive a majority.
He hoped the issue of slavery on the national level would fade away, saying in his inaugural address that the issue of allowing slavery in new territories was a “matter of but little practical importance,” according to the National Constitution Center.
The Supreme Court’s Dred Scott decision, which declared a few days after Buchanan’s inauguration that enslaved Black people were not citizens and therefore did not have the rights of citizens, further divided the country.
Buchanan did little to hold the country together or solve the slavery issue nationally, supporting the popular sovereignty of states to decide whether to allow slavery. It was clear that Buchanan would not be a candidate for reelection by 1860, according to the Constitution Center.
Upon meeting with his successor, Abraham Lincoln, Buchanan allegedly said to him, “My dear sir, if you are as happy in entering the White House as I shall feel on returning to Wheatland, you are a happy man indeed,” according to the Library of Congress. Wheatland was the name of his home.
James K. Polk
President James Polk is considered to arguably be one of the most successful one-term presidents at accomplishing their goals. He won a close election in 1844, running on four key platform points and accomplished all four while in office.
Polk oversaw the reduction of tariffs, the reestablishment of an independent U.S. Treasury, the acquisition of California and other southwestern territories from Mexico and a deal to secure control of the Oregon Territory.
He promised to only run for one term during the 1844 campaign and kept his promise four years later. He wrote in his diary that he felt “exceedingly relieved” to be free from public duty, according to the Miller Center. | https://cw33.com/hill-politics/most-presidents-seek-re-election-here-are-the-ones-who-called-it-quits-after-one-election/ | 2022-09-16T23:08:40Z |
Hear the story of a Black community's movement to stop a crude oil pipeline to protect their health, land, and drinking water
CHARLOTTESVILLE, Va., July 1, 2022 /PRNewswire/ -- Today the Southern Environmental Law Center (SELC) launched the latest season of its popular podcast Broken Ground. The new season digs into the story of how a Black community in southwest Memphis and its allies came together, beat the odds, and defeated a crude oil pipeline.
This season, Broken Ground heads to Boxtown, Tennessee, a Black neighborhood tucked in a bend of the Mississippi River with a rich history, whose residents cherish their deep ties to the land. Here, neighbors brought together people young and old, and hailing from all corners of the city and beyond, to fight the environmental injustices and threats to their quality of life posed by the controversial Byhalia Pipeline. The proposed 49-mile project would have cut through Black neighborhoods in southwest Memphis, including Boxtown, to transport crude oil for export and crossed over the city's drinking water source in the process. Project proponents described this route as the "point of least resistance."
"To say these powerful companies underestimated the power of people is an understatement—they could not have been more wrong," said Amanda Garcia, SELC's Director of the Tennessee Office. "As a fellow Tennessean, it was amazing to witness the strength of community to achieve a monumental win for environmental justice in the South."
In the fifth season of the podcast, we turn the microphone over to hear first-hand accounts of how a small group of concerned neighbors brought together a coalition strong enough to force two major oil companies, who'd already started legal proceedings to take their land, to pull the plug on their pipeline project. The season release coincides with the one-year anniversary of the cancellation announcement on July 2, 2021.
Environmental journalist and educator Leanna First-Arai hosts the new season, joining longtime Broken Ground team member and new Executive Producer Emily Richardson-Lorente. While living in Memphis, First-Arai reported and wrote some of the earliest stories on the Byhalia Pipeline. The crude oil project initially caught her attention when, at an early public meeting hosted by the pipeline developers, opposition from concerned residents was met with the recommendation that they resign themselves to the fact it was coming.
Instead, southwest Memphis residents and many others pushed back, asking why an area already bearing the brunt of intense industrial pollution should welcome yet another harmful project. Through their stories, this season of Broken Ground shines a light on the people who were the powerful catalysts for an environmental justice victory that defied the odds.
"I hope everyone listening to the incredible story being told this season on Broken Ground can take away inspiration and remember that, by working together, we can create real change to stop environmental injustices across the South and beyond," said Chandra Taylor-Sawyer, SELC's Leader of the Environmental Justice Initiative.
Broken Ground now contains five seasons for listeners to stream. Each episode of the podcast focuses on sharing the environmental stories and voices in the South that don't often get the attention they deserve. From leaders of the environmental justice movement to Southerners along the coast navigating sea level rise and higher tides, previous seasons provide a powerful perspective on the ways environmental destruction collides with underlying inequities and the solutions Southerners are seeking.
The latest season of Broken Ground can be found on Apple Podcasts, Spotify, or wherever listeners get their podcasts.
In 2021, Broken Ground was nominated for an iHeart Radio Award for Best Green podcast and The New York Times called it "an environmental 'This American Life' for the South."
The Southern Environmental Law Center is one of the nation's most powerful defenders of the environment, rooted in the South. With a long track record, SELC takes on the toughest environmental challenges in court, in government, and in our communities to protect our region's air, water, climate, wildlife, lands, and people. Nonprofit and nonpartisan, the organization has a staff of 210, including 100 attorneys, and is headquartered in Charlottesville, Va., with offices in Asheville, Atlanta, Birmingham, Chapel Hill, Charleston, Nashville, Richmond, and Washington, D.C. southernenvironment.org
Broken Ground is a podcast by the Southern Environmental Law Center digging up environmental stories in the South that don't often get the attention they deserve, and giving a voice to the people bringing those stories to light. https://BrokenGroundPodcast.org
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SOURCE Southern Environmental Law Center | https://www.wibw.com/prnewswire/2022/07/01/broken-ground-podcast-launches-new-season-how-memphians-defeated-pipeline/ | 2022-07-01T12:51:13Z |
CHANGSHA, China, Aug. 16, 2022 /PRNewswire/ -- This is a video report from China SCIO:
Discover Changsha's exciting nightlife and attractions as its myriad night markets, art and cultural districts, and music scenes liven up the evening sky.
Charming Changsha: Energetic nightlife
http://english.scio.gov.cn/videos/2022-08/16/content_78374073.htm
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SOURCE China SCIO | https://www.wibw.com/prnewswire/2022/08/16/charming-changsha-energetic-nightlife/ | 2022-08-16T07:02:49Z |
Airline to offer amenity kits in collaboration with Away on select flights, inspired by Away's signature design aesthetic
Marks a key moment for the global travel lifestyle brand who is partnering with a commercial airline for the first time
CHICAGO, June 1, 2022 /PRNewswire/ -- Today, travelers flying in premium cabins on United's long-haul international and premium transcontinental routes will be the first to experience the airline's new, co-branded amenity kits designed exclusively for the airline by global travel lifestyle brand Away. Inspired by Away's iconic suitcases and versatile accessories, United will offer three versions of the amenity kits, each with custom travel essentials and Sunday Riley's United-exclusive range of clean, cruelty-free skincare products. The collaboration signifies the first time Away, the global travel lifestyle brand, has partnered with a commercial airline.
"As travel demand continues to rise to unprecedented levels, travelers are seeking comfort and quality now more than ever when they fly—that's why we chose to partner with Away," said Luc Bondar, vice president of marketing and loyalty and president of MileagePlus at United. "Away's mutual commitment to making travel more seamless, elevated and modern design aesthetic is in perfect harmony with United's brand, and we're thrilled to have the opportunity to be the only airline to provide this unique offering to our customers."
Together, United and Away thoughtfully designed each amenity kit to be the perfect accessory for customers to freshen up on long flights and reutilize on future journeys. The Away amenity kits offered include:
- Hard Pod: For travelers flying in United Polaris® business on long-haul international flights. The sturdy shell and interior elastic band will help keep belongings organized.
- Sports Pouch: For travelers flying in United Premium Plus® on long-haul international flights. Featuring a soft, protective material you can keep all your belongings organized —including your other travel essentials.
- Zip Case: For travelers flying in United Business on premium transcontinental flights. The water-resistant kit for transcontinental premium travelers is an ideal solution for storing liquids and moving quickly through airport security lines.
"We are thrilled to partner with United to bring Away's thoughtfully designed products to United travelers around the globe," said Melissa Weiss, Away's Chief Marketing Officer. "United's mission to connect the world and their dedication to making travel as effortless as possible aligns with Away's mission to create a more open world by making travel easier. We are certain this unique relationship between our two companies will do just that, making the travel experience more seamless for journeys near or far."
In addition to co-branded personal care essentials like earbuds, an eye mask, and a dental kit, the Away amenity kits will include United's In-Flight Remedy skin-care products from trusted partner and customer-favorite Sunday Riley. Sunday Riley custom developed the In-Flight Remedy line to offer United passengers, high-end skincare products on long-haul international flights and transcontinental flights. Formulated with hydration in mind to meet flyers' needs for increased moisture as they travel, each amenity kit includes a variety of Sunday Riley products, from face creams and cleansing cloths to hand creams and lip balms.
Last month, United unveiled its first brand advertising campaign in nearly a decade "Good Leads The Way", which highlights the airline's determination to be a force for good not only for customers, but also for the communities it serves. To get a further look inside each amenity kit or learn more about United's collaboration with Away, visit united.com/awaykits.
About United
United's shared purpose is "Connecting People. Uniting the World." From our U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers. United is bringing back our customers' favorite destinations and adding new ones on its way to becoming the world's best airline. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol "UAL".
About Away
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SOURCE United Airlines | https://www.mysuncoast.com/prnewswire/2022/06/01/united-debuts-new-custom-amenity-kits-away-ahead-summer-travel-boom/ | 2022-06-01T15:38:35Z |
Paragon Risk Management announces the promotion of Mike Runyan to the leadership role for Risk Management offerings.
HERNDON, Va., July 19, 2022 /PRNewswire/ -- In 2020, Paragon announced the creation of a new Sector offering risk management solutions for its clients. Since then, Paragon Risk Management (PRM) has combined existing uniformed security services and technology with a wide range of cleared Risk Advisory, Intelligence, and Security Management offerings for its clients.
Mike Runyan will assume PRM leadership with nearly twenty years of experience within the Securitas family of companies. Beginning his career with Pinkerton, Mike served in several roles including an assignment abroad in the Jakarta, Indonesia office and ultimately as Managing Director for the Washington, DC office before joining Paragon's parent company, Securitas Critical Infrastructure Services (SCIS), in 2014. In his most recent role as the National Account Director for SCIS, Mike was responsible for managing operations countrywide for multiple large clients. This included coordinating the use of PRM solutions and expertise to enhance traditional physical security programs.
"We look forward to Mike continuing the tremendous growth Paragon Risk Management has seen since its inception two years ago. As we expand our offerings further into the commercial and federal markets, Mike's understanding and experience working in both arenas will further enhance our ability to provide comprehensive solutions for our clients," commented Paragon CEO Tony Sabatino.
Paragon employs over 12,000 professionals in specialized operations providing security, fire, investigations, inspections, cybersecurity, risk management, and mission support services to the U.S. Federal Government and other critical infrastructure clients. Paragon is Safeguarding American Assets at home, abroad, and beyond.
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SOURCE Paragon Systems | https://www.kxii.com/prnewswire/2022/07/19/paragon-names-new-director-paragon-risk-management-solutions/ | 2022-07-19T15:13:34Z |
LEHIGH VALLEY, Pa., June 2, 2022 /PRNewswire/ -- Air Products (NYSE:APD) today announced that Chairman, President and Chief Executive Officer Seifi Ghasemi will speak at Deutsche Bank's Global Materials Conference on June 9, 2022 at 8:15 am ET.
Access to the session is available via Air Products' Investor Relations Event Details website.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of about $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
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SOURCE Air Products | https://www.mysuncoast.com/prnewswire/2022/06/02/air-products-chairman-president-chief-executive-officer-speak-deutsche-banks-global-materials-conference-june-9/ | 2022-06-02T14:19:49Z |
BEIJING (AP) — Airbnb Inc. will stop listing homes and experiences inside China this summer and instead focus its business in the country on serving Chinese tourists looking for lodgings abroad, a company official said on social media Tuesday.
Airbnb began listings in China in 2016, but they have still accounted for only about 1% of company revenue in recent years.
The San Francisco-based company found the domestic Chinese business costly and complicated to run, and the pandemic has made matters worse.
There was little overlap between Airbnb’s business inside China and catering to outbound travelers, which Airbnb hopes will limit the impact of suspending the domestic offerings.
Airbnb joins a series of foreign internet companies including Yahoo Inc. and eBay Inc. that pulled out of China after running into fierce local competition and regulatory barriers.
“We have made the difficult decision to refocus our efforts in China on outbound travel and suspend our homes and Experiences of Hosts in China, starting from July 30, 2022,” said the chief strategy officer of Airbnb China, Nathan Blecharczyk, in a statement on its social media account.
Landlords represented by Airbnb have had more than 25 million guest arrivals since 2016, according to Blecharczyk’s statement.
The Chinese government has blocked foreign tourists from visiting since the pandemic hit in early 2020 and has told the Chinese public to avoid foreign travel that isn’t essential for business or study.
International airlines and other travel companies that operate in China expect that borders will re-open and travel by Chinese citizens will pick up eventually, although the timing is unclear. | https://cw33.com/business/ap-business/airbnb-ends-rentals-in-china-to-focus-on-outbound-tourists/ | 2022-05-25T07:58:15Z |
Fewer Americans apply for jobless benefits last week
By MATT OTT
AP Business Writer
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week as the number of Americans collecting unemployment benefits remains near five-decade lows. Applications for unemployment benefits fell by 8,000 to 210,000 for the week ending May 21, the Labor Department reported Thursday. First-time applications are generally representative of the number of layoffs. American workers are enjoying historically strong job security two years after the coronavirus pandemic plunged the economy into a short but devastating recession. Weekly applications for unemployment aid have been consistently below the pre-pandemic level of 225,000 for most of 2022. | https://localnews8.com/news/ap-national/2022/05/26/fewer-americans-apply-for-jobless-benefits-last-week-2/ | 2022-05-26T14:33:30Z |
Which disc golf set is best?
A quality disc golf set includes everything you need to start playing and will likely serve you well for years to come. While almost every set includes a putter, midrange disc and driver, the number of discs per set and plastic quality can vary. Our top choice is a reliable set from a popular brand, the Dynamic Discs Prime Burst Disc Golf Starter Set.
What to know before you buy a disc golf set
When comparing disc golf sets, take note of the number and type of discs included. Most sets are intended for beginners and will include at least three versatile discs.
Putter
Honing your short game will save you a tremendous amount of throws over the years. A putter should be comfortable to hold and should fly fairly straight, floating as it approaches the chains of the basket. Many disc golf manufacturers include their most popular putter in their sets.
Midrange disc
When you are new to the sport, your midrange disc may be the disc you throw most. It should fly very straight for short distances but also be capable of throws like hyzers, rollers and hard fades.
Driver
Arguably the most exciting disc in any set, your driver is for powerful throws off the tee pad that hopefully land in the center of the fairway or even near the basket. Most disc golf sets include a fairway driver — a low-speed driver that doesn’t need to be thrown with much power for a smooth, predictable flight.
What to look for in a quality disc golf set
Discs vary in their plastic quality and appearance, and each brand has its own line of plastics and selection of disc molds.
Plastic quality
Most disc golf manufacturers offer a few different types of plastic. Often, the discs in their sets are made from softer, less durable plastic, but some sets are made from more rigid plastic that will last for several years. Some brands even offer discs made of plastic with a swirl or tie-dye pattern.
Disc golf brands
While there are dozens of disc golf manufacturers, a handful of popular brands stand out for their quality and prolific offerings.
- Innova is a hugely popular brand known for its Champion and Star plastics, both of which are highly durable and come in vibrant colors.
- Discraft has a smaller selection of molds than Innova, but many of its discs are beloved by players of all skill levels, and it has a wide range of plastics to choose from.
- MVP discs stand out for their distinctive black edges, made of a softer plastic that feels good against your hand and can take more of a beating.
- Latitude 64° is a Swedish brand offering a robust lineup of discs for all playstyles.
How much you can expect to spend on a disc golf set
The price of disc golf sets depends largely on the number of discs included. Most three-disc sets cost around $20, while sets with four to six discs usually cost $25-$50.
Disc golf set FAQ
How many discs do you need to play disc golf regularly?
A. Any reliable set of three discs has you covered. However, if you find yourself wishing for discs that behave differently, the only limit is the size of your bag. Eight to 12 discs is generally a good number for an intermediate player.
How do I know when to use each type of disc?
A. Generally, you use a driver on the tee pad, a midrange disc on the fairway and a putter for approaching the basket and, of course, putting.
Is it more cost-effective to buy discs in a set?
A. Sets are almost always more affordable when you consider the cost of each disc. Most individual discs cost from $8-$20, so five discs in a $35 set is a cost-saving option.
What’s the best disc golf set to buy?
Top disc golf set
Dynamic Discs Prime Burst Disc Golf Starter Set
What you need to know: With five discs and a mini marker disc, this set has any beginner covered.
What you’ll love: The Judge is a classic putter, and when paired with the straight-flying Truth, your short game is covered. With two fairway drivers and a distance driver, this is one of the more robust starter sets available.
What you should consider: You don’t know which colors will come with each set, and they may be less than vibrant.
Where to buy: Sold by Amazon
Top disc golf set for the money
What you need to know: This classic set includes three Innova favorites and is one of the best budget sets available.
What you’ll love: The Aviar in DX plastic is a favorite of professional and amateur players alike, and it will last you for many seasons. The Leopard is a reliable fairway driver that can reach impressive distances with a small amount of power.
What you should consider: The DX plastic is soft and prone to dings and dents, so the mid-range disc and the driver may only last a few seasons.
Where to buy: Sold by Amazon
Worth checking out
Latitude 64 Retro Burst Disc Golf Set
What you need to know: This eye-catching starter set features three straight-flying discs and a mini marker disc.
What you’ll love: The plastic offers a good grip, and the burst patterns give your discs a unique look. Beginners will appreciate how reliably straight these discs fly.
What you should consider: This set is more expensive than many comparable starter sets, and the plastic may show wear fairly quickly.
Where to buy: Sold by Amazon
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Peter McPherson 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/br/sports-fitness-br/recreational-sports-br/best-disc-golf-set/ | 2022-04-29T07:14:05Z |
ALBANY — While Dougherty County Commission Chairman Chris Cohilas isn’t a native of the area, he has warmly embraced the community where he came to start a career as well as a family.
Cohilas, who is seeking his third term as chair of the commission, faces two challengers in the May 24 primary election. The Rev. Lorenzo Heard, minister at Greater 2nd Mt. Olive Baptist Church, and former commission member and owner of contracting company James Unlimited, Harry James, are seeking to unseat the incumbent.
“I came down here, fell in love with Albany, Dougherty County,” Cohilas said. “I fell in love and had four children. I fell in love with the community.”
Cohilas, a former Dougherty County assistant district attorney, left a position at an Atlanta law firm to get the job he wanted and hasn’t looked back.
“I went to law school to be a prosecutor,” Cohilas, who grew up in College Park, said. “I’m the first person in my family to go to college. I worked my way through college and law school.
“Short version is, I worked in Atlanta in a civil law firm. My passion was to be a prosecutor. I got a chance in Albany to get hands-on experience.”
While now in private practice as a partner in the Watson Spence firm, Cohilas said he has retained his passion for the rights of victims after his experience helping people, some of whom were at the low point of their lives.
“I spent seven years prosecuting crimes against women and children,” he said. “I held the hands of hundreds, if not a thousand victims, from the beginning of the case until they testified in court. Ninety-nine point nine percent of my victims lived below the poverty level. I took great pleasure in being their voice in the courtroom.”
After two terms on the commission, Cohilas said there are still things he wants to accomplish. When he was elected in May 2014 he had plans for improving the lives of residents.
Some of those plans became a reality, and some are yet to come to fruition. Some were derailed, at least temporarily, by a series of natural disasters and COVID-19, which struck the Albany area hard early during the pandemic.
For Cohilas, who formerly worked in Dougherty County District Attorney Greg Edwards’ office, the tornadoes and Hurricane Michael were horrendous disasters, with a January 2017 tornado killing five residents in the Radium Springs area.
Much of his and other leaders’ energies went into recovery from those disasters and more recently COVID.
“I feel like there’s a lot of good work to be done,” the chairman said. “Despite the fact we’ve been through four presidentially declared natural disasters and COVID-19, we’ve been blessed. I’ve been blessed to fight for millions of dollars for this community.”
His efforts included multiple trips to Washington, D.C., and Atlanta to lobby for funds.
The result has been millions of dollars for the county that will fund recovery and future projects for the community, he said. Radium Springs has been a focus of much of these efforts, with the state awarding money to refurbish the Spring Run bridge along the trail that starts at the former golf course and will be a corridor that extends through the Albany State University campus to downtown Albany.
Last month, U.S. Agriculture Secretary Tom Vilsack announced funding of $12.5 million for trail paving, conservation and an amphitheater at Radium Springs.
Another project that the chairman said he takes pride in is the relocation of a Georgia Bureau of Investigation office from Sylvester to Albany.
“That would not have happened without the county’s involvement,” he said.
If re-elected, Cohilas said he will work with fellow commissioners to move the county forward.
“I’m going to continue to advocate for the millions of dollars this community needs to build it to a place where it’s bigger and better and stronger than ever, with better amenities, a better quality of life,” he said. | https://www.albanyherald.com/news/dougherty-county-commission-chairman-chris-cohilas-points-to-millions-in-recovery-funds-future-development-as/article_fe712c72-d08c-11ec-9df7-5bbf14332c3f.html | 2022-05-11T21:49:26Z |
- Endo, Vault Health, the Sexual Medicine Society of North America (SMSNA) and Men's Health Network (MHN) join forces to launch Healthy Now: A Men's Health Coalition™ to encourage men to make all aspects of their health—physical, mental and sexual—a priority
- New national survey underscores the need for and importance of the education and access to resources provided by this new program
- VisitHealthyNow.com offers information on physical, mental and sexual health issues and access to a free virtual consultation through Vault Health
DUBLIN, June 9, 2022 /PRNewswire/ -- A recent survey of 1,517 U.S. men ages 18-80 commissioned by Men's Health magazine publisher Hearst media company found that less than half of men surveyed rated their physical (40%), mental (42%) and sexual (35%) health as excellent or very good.1 Lack of knowledge around sexual and mental health was particularly significant. Over half of all men surveyed reported they didn't know about ways to improve their overall mental health (54%).1 Of the sexually active men (n=1,331) surveyed, over half (53%) stated they didn't know about how to improve their sexual health. To address this public health gap, Endo International plc (NASDAQ: ENDP), in partnership with Vault Health, the Sexual Medicine Society of North America (SMSNA) and Men's Health Network (MHN), launched Healthy Now: A Men's Health Coalition™, which encourages men to make their physical, sexual and mental health a priority through awareness and access to resources.
The Healthy Now website, www.VisitHealthyNow.com, provides educational information about men's health conditions, guidance on how men should take care of themselves as they age and access to a free virtual consultation through Vault Health's secure portal—all from the privacy and comfort of their home.
The Healthy Now partners believe that providing health education and access to a healthcare provider is one solution to motivating men to prioritize their health. The Hearst survey supports that notion: 73% of all surveyed men wanted access to information on medical conditions that might affect them, and of the surveyed men who tried telemedicine in the last two years (n=788), 50% preferred the convenience of a virtual appointment to an in-person doctor's office visit.1 Additionally, while most men surveyed had health insurance (89%),1 high healthcare-related costs or lack of coverage have led to approximately two-thirds of men ages 18-34 (69%) and half of men ages 35 and older (51%) to take actions that could potentially negatively impact their health, including ignoring symptoms they hope will go away and postponing or cancelling/skipping a doctor appointment.1
"The tendency among men to ignore symptoms due to healthcare costs could leave them vulnerable to illnesses later in life or a worsening of chronic conditions," said Ravi Tayi, MD, MPH, Chief Medical Officer for Endo. "Endo strives to be a force for good, and through Healthy Now, we want to help change these concerning statistics by encouraging men to take charge of their own health."
Free Virtual Consultation
At www.VisitHealthyNow.com, men can sign up for a free 15-minute virtual consultation through Vault Health's secure portal. During the consultation, a Vault Health representative can provide an initial health evaluation and help determine if a follow-up appointment with a healthcare provider is needed.
The initial 15-minute appointment is completely free for men, regardless of their healthcare insurance status. Following the free consultation, Vault Health will help determine the appropriate next steps and can help explore options for payment/reimbursement if they continue care through Vault Health.
"The COVID-19 pandemic increased many men's apprehension about going to a doctor's office or an urgent care center. By offering them a free initial virtual consultation through Healthy Now, we hope to bridge this gap," said Alex Pastuszak, MD, PhD, President of Clinical Care and Chief Clinical Officer at Vault Health. "We believe the convenience of a virtual appointment, in the privacy and comfort of their own home, will help men take that first step in getting the help they need."
Additional Survey Results
Among men surveyed who have been sexually active (n=1,331):
- More than half (69%) said they were open to advice on ways to have a healthier and better sex life.1
- More than one-quarter (27%) would rather "get a root canal" than talk about a sexual health issue.1
- While two-thirds (66%) said it was important to regularly do a "below-the-belt" self-exam, 47% said they didn't have a clue how to do one.1
- More than one-third (39%) reported they have experienced a sexual health issue or problem.1
- Of those men who reported they experienced a sexual health issue (n=514), only 51% discussed such "below-the-belt" issues with any medical professional (e.g., urologist, therapist/counselor or any other doctor or medical professional), and only 44% discussed with their spouse/partner.1
Misperceptions about mental health still exist among all surveyed men, but there is willingness to seek help:
- While more than one-third said that only individuals with serious mental/emotional health issues that prevent them from functioning should seek therapy (33%) and issues like depression and anxiety are something you have to control on your own (39%), nearly two-thirds (64%) were open to seeing a therapist if they experienced emotional issues.1
- Men may also need more support from their loved ones. Nearly half (46%) reported that they only sometimes (28%), rarely (13%) or never (5%) receive mental and emotional support they need from family or friends.1
The Hearst survey of 1,517 men ages 18-80 captured feedback about their perspectives on health maintenance, doctor visits and their physical, sexual and mental well-being. The survey was conducted online in March 2022 by Research Solutions, Inc.
"We know from research that physical, mental and sexual health are all connected. A physical ailment, for example, can affect your mental health, and a mental health issue can lead to problems with sexual health," said Salvatore Giorgianni, PharmD, Senior Science Advisor at Men's Health Network. "Through Healthy Now, we're educating men that it's vital to take care of all three."
"Most men don't recognize that below-the-belt issues may be a barometer for their overall health and a sign of other health problems" said Mohit Khera, MD, President-elect of SMSNA. "Working with our industry and advocacy partners, we want to offer men a trusted resource for information that addresses their health concerns, including their sexual and reproductive health."
About Healthy Now: A Men's Health Coalition™
Healthy Now is committed to making access to care available to all men. We recognize that access to healthcare can be challenging for some men, and they may feel stress and even fear about seeking help for physical, mental and sexual health concerns. A free initial 15-minute virtual consultation may help men determine the appropriate next steps for their health. The free consultation will be offered through the end of December 2022 in the U.S. only.
For additional information—including the ability to book a free virtual consultation—go to VisitHealthyNow.com.
Forward-Looking Statements
Certain information in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation including, but not limited to, the statements by Drs. Tayi, Pastuszak, Giorgianni and Khera, as well as other statements regarding the Healthy Now initiative. Statements including words or phrases such as "believe," "expect," "anticipate," "intend," "estimate," "plan," "will," "may," "look forward," "intend," "future," "potential" or similar expressions are forward-looking statements. All forward-looking statements in this press release reflect Endo's current expectations of future events based on existing trends and information and represent Endo's judgment only as of the date of this press release. Actual results may differ materially and adversely from current expectations based on a number of factors affecting Endo's businesses including, among other things, the outcome of our strategic review, contingency planning and any potential restructuring; the timing, impact or results of any pending or future litigation, investigations, proceedings or claims, including opioid, tax and antitrust related matters; and the impact of competition including loss of exclusivity and generic competition. The reader is cautioned not to rely on any forward-looking statements and Endo expressly disclaims any intent or obligation to update any forward-looking statements except as required by law. Additional information concerning risk factors, including those referenced above, can be found in press releases issued by Endo, as well as Endo's public periodic filings with the U.S. Securities and Exchange Commission and with securities regulators in Canada, including the discussion under the heading "Risk Factors" in Endo's most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q or other filings with the U.S. Securities and Exchange Commission.
References:
1. Hearst Media Survey. 1,517 U.S. adult men ages 18-80 regarding men's healthcare concerns. Conducted March 2022.
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SOURCE Endo International plc | https://www.mysuncoast.com/prnewswire/2022/06/09/national-survey-over-1500-men-shows-more-than-half-were-unsure-how-improve-their-mental-sexual-health-new-partnership-aims-change-that-through-education-free-virtual-consultations/ | 2022-06-09T12:47:02Z |
CABINS ON SALE NOW
SAILING FROM MIAMI ABOARD THE NORWEGIAN SKY
JULY 2 – 5, 2023
NEW YORK, July 19, 2022 /PRNewswire/ -- Days of Summer Cruise Fest, the only hip hop music fest at sea, announces 2023 disembarkation dates with cabins on sale now. Sailing aboard the luxurious Norwegian Sky vessel out of Miami to Nassau, Bahamas, the annual Days of Summer Cruise will take place July 2 – 5, 2023. Hosted by DJ Khalid, the entertainment will feature two of hip hop's leading, billboard chart topping artists, Lil Baby and Future, with more artists to be announced. All cabins are on sale today at www.daysofsummercruise.com.
The four-night/three-day cruise is a much more of an experience than just a concert. Hip Hop music lovers will enjoy non-stop entertainment aboard as they sail to the Caribbean along with the industry's greatest DJs and their favorite artists. Lil Baby and Future will provide unique sets, across various venues aboard the luxury liner and island excursions to Nassau, Bahamas. Beyond the music, the cruise offers limitless entertainment options once onboard.
Days of Summer 2023 will mark the second sailing for the festival music cruise. People's Janine Rubenstein who came aboard the 2019 outing shared the verdict of her experience, "…The non-stop live music by some of the biggest names in hip hop was great, but the folks we met throughout the weekend were nearly just as exciting. Nowhere else on the high seas will you hear a group of women debating whether Cardi B and Nicki Minaj's beef equates to that of Biggie and 2Pac, or watch a twerk contest devolve into a full on acrobatic performance. It turned out to be exactly what I thought I'd signed up for, if not so much more." The event was featured in Rolling Stone, Billboard, COMPLEX, HipHopDX, The Source, TheFADER, Hypebeast, Cruise Critic, Sun-Sentinel and much more.
Cabins and suites for Days of Summer Cruise Fest 2023 are available for 21+ cruisers to purchase with special early bird rates until October 1, 2022. Further info can be found at www.daysofsummercruise.com
Follow Days of Summer Cruise
www.daysofsummercruise.com
Instagram | Twitter | Facebook
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SOURCE Days of Summer Cruise | https://www.wibw.com/prnewswire/2022/07/19/hip-hops-only-premiere-music-festival-sea-days-summer-cruise-fest-announces-2023-date-with-headliners-lil-baby-amp-future-hosted-by-dj-khalid/ | 2022-07-19T13:42:50Z |
Quarterly tax payments could help lessen impact of tax payments
The IRS offers online payment options
InvestigateTV - Taxes are due whenever you earn or receive income. You can pay them by withholding money through paycheck deductions or you can make quarterly estimated tax payments.
Freelancers, independent contractors, and small-business owners who expect to owe at least $1,000 in taxes from their self-employed income are required by the IRS to make estimated tax payments.
Retirees dealing with lump sums of money may also need to make an estimated tax payment.
Michael Joyce with the financial firm Agili explained at the beginning of the tax year in 2023, you can make your first three quarterly payments on April 15th, September 15th, and January 15th, 2024 before wrapping up on Tax Day in 2024.
“You can set up an online account at IRS.gov and make payments that way. Or you could just fill out a voucher, which basically just has your name and how much you’re paying in and your tax ID number,” said Joyce.
To calculate your estimated taxes, add up your total tax liability for the current year, including self-employment tax, individual income tax, and any other taxes and divide that number by four.
Joyce said make sure you withhold enough money, or you might have to pay a penalty.
If you are unsure if need to pay estimated taxes, the IRS webpage has a detailed section describing who needs to pay and how.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/21/quarterly-tax-payments-could-help-lessen-impact-tax-payments/ | 2022-07-21T20:11:50Z |
LAS VEGAS, Aug. 9, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2022.
During the second quarter the Company continued to operate its Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, together with its Wildfire Properties.
Second Quarter Results
Consolidated Operations
- Net revenues were $422.2 million for the second quarter of 2022, a decrease of 1%, or $5.9 million, from $428.2 million in the same period of 2021.
- Net income was $32.4 million for the second quarter of 2022, a decrease of $110.9 million, from $143.4 million in the same period of 2021.
- Adjusted EBITDA(1) was $188.9 million for the second quarter of 2022, a decrease of 10% or $21.3 million from $210.2 million in the same period of 2021.
Las Vegas Operations
- Net revenues from Las Vegas operations were $420.1 million for the second quarter of 2022, a decrease of 1%, or $6.3 million, from $426.4 million in the same period of 2021.
- Adjusted EBITDA from Las Vegas operations was $203.9 million for the second quarter of 2022, a decrease of 8% or $18.7 million, from $222.6 million in the same period of 2021.
Balance Sheet Highlights
The Company's cash and cash equivalents at June 30, 2022 were $256.3 million and total principal amount of debt outstanding at the end of the second quarter was $2.88 billion.
Quarterly Dividend
The Company's Board of Directors has declared a cash dividend of $0.25 per Class A common share for the third quarter of 2022. The dividend will be payable on September 30, 2022 to all stockholders of record as of the close of business on September 15, 2022.
Prior to the payment of such dividend, Station Holdco LLC ("Station Holdco") will make a cash distribution to all unit holders of record, including the Company, of $0.25 per unit for a total distribution of approximately $27.0 million, approximately $15.5 million of which is expected to be distributed to the Company and approximately $11.5 million of which is expected to be distributed to the other unit holders of record of Station Holdco.
Conference Call Information
The Company will host a conference call today at 4:30 p.m. Eastern Time to discuss its financial results. The conference call will consist of prepared remarks from the Company and include a question and answer session. Those interested in participating in the call should dial (888) 317-6003, or (412) 317-6061 for international callers, approximately 15 minutes before the call start time. Please use the passcode: 4438478. A replay of the call will be available from today through August 16, 2022 at www.redrockresorts.com. A live audio webcast of the call will also be available at www.redrockresorts.com.
Presentation of Financial Information
(1) Adjusted EBITDA is a non-GAAP measure that is presented solely as a supplemental disclosure. We believe that Adjusted EBITDA is a widely used measure of operating performance in our industry and is a principal basis for valuation of gaming companies. We believe that in addition to net income, Adjusted EBITDA is a useful financial performance measurement for assessing our operating performance because it provides information about the performance of our ongoing core operations. Adjusted EBITDA includes net income plus depreciation and amortization, share-based compensation, write-downs and other, net, asset impairment, losses from assets held for sale, interest expense, net, loss on extinguishment of debt, provision for income tax and other.
Company Information and Forward Looking Statements
Red Rock Resorts is a holding company that owns an indirect equity interest in and manages Station Casinos LLC ("Station Casinos"). Station Casinos is the leading provider of gaming, hospitality and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include hotels as well as various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire Rancho, Wildfire Boulder, Wild Wild West Gambling Hall & Hotel, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem and Wildfire Lake Mead. Station Casinos also owns a 50% interest in Barley's Casino & Brewing Company, Wildfire Casino & Lanes and The Greens.
This press release contains 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. Such statements include, without limitation, statements regarding our expectations, hopes or intentions regarding the future. These forward looking statements can often be identified by their use of words such as "will", "might", "predict", "continue", "forecast", "expect", "believe", "anticipate", "outlook", "could", "would", "target", "project", "intend", "plan", "seek", "estimate", "pursue", "should", "may" and "assume", or the negative thereof, as well as variations of such words and similar expressions referring to the future. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Certain important factors, including but not limited to, financial market risks, could cause our actual results to differ materially from those expressed in our forward-looking statements. Further information on potential factors which could affect our financial condition, results of operations and business includes, without limitation, the extent and duration of the impact of the COVID-19 pandemic, rising inflation, higher interest rates and increased energy costs on consumer demand and the Company's business, financial results and liquidity; the impact and cost of new operating procedures implemented at the Company's properties in response to the COVID-19 pandemic; the impact of actions that the Company has undertaken to reduce costs and improve efficiencies to mitigate losses as a result of the COVID-19 pandemic; the impact of the COVID-19 pandemic, and resulting unemployment and changes in general economic conditions on discretionary spending and consumer demand; the impact of our substantial indebtedness; the effects of local and national economic, credit and capital market conditions on consumer spending and the economy in general, and on the gaming and hotel industries in particular; the effects of competition, including locations of competitors and operating and market competition; changes in laws, including increased tax rates, regulations or accounting standards, third-party relations and approvals, and decisions of courts, regulators and governmental bodies; risks associated with construction projects, including disruption of our operations, shortages of materials or labor, unexpected costs, unforeseen permitting or regulatory issues and weather; litigation outcomes and judicial actions, including gaming legislative action, referenda and taxation; acts of war or terrorist incidents, natural disasters or civil unrest; risks associated with the collection and retention of data about our customers, employees, suppliers and business partners; and other risks discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and in the Company's other current and periodic reports filed from time to time with the Securities and Exchange Commission. All forward-looking statements in this document are made based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.
View source version on http://redrockresorts.investorroom.com/:
INVESTORS:
Stephen L. Cootey
Stephen.Cootey@redrockresorts.com
(702) 495-4214
MEDIA:
Michael J. Britt
Michael.Britt@redrockresorts.com
(702) 495-3693
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SOURCE Red Rock Resorts, Inc. | https://www.kxii.com/prnewswire/2022/08/09/red-rock-resorts-announces-second-quarter-2022-results/ | 2022-08-09T20:40:35Z |
NEWARK, Calif., May 31, 2022 /PRNewswire/ -- Ultima Genomics, Inc. today announced partnerships with Sentieon and Google DeepVariant to offer highly accurate and accelerated variant calling for customers who wish to run pipelines at scale. Both DeepVariant and Sentieon have developed Ultima-specific machine learning models which will be made available in the coming months. Ultima's early access customers will be offered a Sentieon license to process Ultima data at no cost through the end of 2022.
Over the last 5 years, Ultima Genomics has developed a fundamentally new sequencing architecture designed to scale beyond conventional approaches, including completely different flow cell engineering, sequencing chemistry, and machine learning. Ultima is currently in an early access program for the UG 100™, its first high-throughput NGS instrument using this new technology architecture which enables customers to generate high-quality sequencing data at a cost of $1/Gb.
"Ultima's mission is to continuously drive the scale of genomic information," said Gilad Almogy, CEO of Ultima Genomics. "As we prepare to launch our first high-throughput sequencer, we are excited to partner with informatics leaders such as Google and Sentieon to continually improve and accelerate the generation of high-quality data at scale."
Google DeepVariant
DeepVariant is an open-source technology that identifies genetic variants in sequencing data using deep learning. DeepVariant is noted for its high accuracy, with awards in multiple PrecisionFDA challenges, and for its extensibility to new sequencing methods. DeepVariant is available under the BSD open source license.
"I'm excited by the potential for new methods to generate genomic data at much greater scales", said Andrew Carroll, Product Lead for Genomics in Google Research. "I'm particularly impressed by the technical abilities of the Ultima informatics team, who are the first external team to extend DeepVariant's input channels to capture additional rich information specific to their sequencer in order to further improve accuracy."
Sentieon
Sentieon, a developer of highly accurate and optimized algorithms for bioinformatics applications, has created tools that are faster and cheaper alternatives to the industry standard for secondary analysis in NGS data processing. Sentieon technology provides high accuracy and ease of use, while dramatically improving processing speed.
"We are delighted to support Ultima's UG 100 platform as it increases the potential for scale in the high-volume sequencing market," said Jun Ye, CEO of Sentieon. "This partnership enables Ultima's customers to gain additional efficiencies when generating high-quality sequencing data by lowering the cost of computing. During our collaboration, we've already seen significant improvements in sequencing quality, and look forward to continued optimization of our solutions."
Data from both the Sentieon and DeepVariant models will be shared at the upcoming AGBT conference June 6-9th, 2022.
About Ultima Genomics
Genomics is unleashing the power of genomics at scale. The Company's mission is to continuously drive the scale of genomic information to enable unprecedented advances in biology and improvements in human health. With a virtually endless need for more genomic information to address biology's complexity and dynamic change, it is important to continue to challenge conventional next-generation sequencing technologies. Ultima has built a revolutionary new sequencing architecture designed to scale far beyond conventional technologies and overcome the cost-driven tradeoffs scientists and clinicians are forced to make between the breadth, depth and frequency with which they use genomic information. By driving down the costs of sequencing, Ultima hopes to catalyze the next phase of genomics in the 21st century.
About Google
Google's mission is to organize the world's information and make it universally accessible and useful. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Chrome, and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Google is a subsidiary of Alphabet Inc. For more information, visit our Google AI Blog.
About Sentieon
Sentieon® develops award-winning, extremely accurate and highly-optimized algorithms and software for bioinformatics data processing applications. Sentieon® is a team of professional engineers with deep expertise in algorithm, software, and system optimization acquired through experience developing image processing, computational lithography, large-scale data mining, and bioinformatics applications. Using our accumulated expertise in modeling, optimization, machine learning, and high-performance computing, we strive to enable precision data for precision medicine. Visit our website for more information.
Media inquiries: press@ultimagenomics.com
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SOURCE Ultima Genomics | https://www.kxii.com/prnewswire/2022/05/31/ultima-genomics-partners-with-sentieon-google-deepvariant-deliver-high-performance-variant-calling/ | 2022-05-31T22:30:19Z |
Sen. Marshall plans to take Sheriffs to southern Texas border
TOPEKA, Kan. (WIBW) - Sen. Roger Marshall, R-Kansas, plans to visit the southern U.S. border with five Kansas sheriffs Thursday, May 19.
Amid the pending expiration of Title 42, Marshall’s office says the tour will include briefings and meetings with border patrol officers with the state of Texas and the Dept. of Homeland Security. Johnson Co. Sheriff Calvin Hayden, Shawnee Co. Sheriff Brian Hill, Saline Co. Sheriff Roger Soldan, Franklin Co. Sheriff Jeff Richards, and Jackson Co. Sheriff Tim Morse were invited to travel with Marshall.
According to Marshall’s office, more than 12,000 lbs. of fentanyl-related substances have been seized at the southern border over the past 14 months.
“It is simply unacceptable – in fact, it’s a dereliction of duty – that Joe Biden continues to maintain his open borders policies that have in turn enabled criminals to bring fentanyl into our state and poison Kansans at record rates. I look forward to traveling down to the southern border with these heroic sheriffs so we can continue to bring awareness and solutions to the crisis that has turned Kansas into a border state,” Marshall said. “The crisis at our southern border is our biggest, most immediate national security threat. With fentanyl pouring across the border, this has turned into a public health crisis as well.”
Marshall called fentanyl “the deadliest drug our country has ever seen.” He said one teaspoon could kill thousands of people.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/17/sen-marshall-plans-take-sheriffs-southern-texas-border/ | 2022-05-17T00:25:25Z |
Casey White charged with felony murder for the death of Vicky White
FLORENCE, Ala. (WAFF/Gray News) – Former escaped inmate Casey White was charged with felony murder for his connection in the death of corrections officer Vicky White.
After being indicted by a grand jury, Casey White, who is already serving a 75-year sentence for a murder in 2015, was served a warrant in prison on July 6, WAFF reports.
Vicky White is the corrections officer accused of helping Casey White escape prison on April 29. The pair was on the run for 11 days and quickly skyrocketed up on the most wanted list.
A car wash attendant in Evansville, Indiana spotted Casey White in his carwash while reviewing the camera footage.
On May 9, Casey White and Vicky White were involved in a police chase in Evansville that ended in a rollover crash.
Vicky White died from a self-inflicted gunshot wound to the head.
Casey White was taken to the Donaldson Correctional Facility in Bessemer, Alabama.
Copyright 2022 WAFF via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/12/casey-white-charged-with-felony-murder-death-vicky-white/ | 2022-07-12T16:10:32Z |
TORONTO, June 7, 2022 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has entered into an agreement with Grid Metals Corp. ("Grid") (TSXV: GRDM; OTCQB: MSMGF) on June 6, 2022 to acquire a 100% interest in the Bannockburn Nickel Property located near Matachewan Ontario, and to provide further details on other recently acquired properties.
Mark Selby, Chair and Chief Executive Officer said, "The acquisition of Bannockburn is highly complementary to our southern cluster of properties at Sothman, Midlothian, and Powell.
The Bannockburn "B" zone has already been successfully tested for 600 metres of its total 1.3 kilometre strike length with multiple intervals in excess of 0.3% nickel and has smaller, higher grade potential at other zones on the property. Historical mineral processing work confirmed presence of heazlewoodite, similar to Crawford, and the ability to generate a 35% nickel concentrate."
Mr. Selby continued "This transaction, in combination with our acquisition of the Newmarket property – another very large ultramafic target adjacent to our Mann properties, conclude our consolidation of large Crawford-type targets in the Timmins region. We have been very pleased with our ongoing regional drilling program and look forward to sharing results on these regional properties through the year as assays become available."
Bannockburn Property
The Bannockburn Property is located 100 kilometres south of Timmins and consists of 125 contiguous unpatented mining claims totaling 2,700 hectares. Bannockburn is in close proximity to the Company's Sothman, Midlothian, and Powell properties. The property contains at least two ultramafic units with the larger one representing the "B" Zone, a large, lower-grade mineralized ultramafic measuring 1.3 kilometres along strike by up to 700 metres across strike (based on its magnetic response) that had yielded similar intervals to Canada Nickel's Crawford Deposit.
The "B" Zone was drilled in 2021 by Grid to a depth of 340 metres, with the best hole, GBN21-03, intersecting 342 metres of 0.28% nickel. Previous drilling by Outokumpu Oyj ("Outokumpu") intersected 203 metres of 0.33% nickel in MBB4-09 and 25 metres of 0.46% nickel in BN-19-98. Preliminary mineral processing testing in 2005 on the "B" Zone showed that a 0.33% nickel grade sample indicated a recovery of 52% to a 35% nickel concentrate.
Previous drilling within the high-grade zones intersected up to 5% nickel in the "C" Zone, which averages 2.5 metres in true thickness, 0.85% nickel over 4.27 metres in the "D" Zone, which remains open and up to 4.54% nickel in the "F" Zone with widths ranging from 0.25 metres to 17.6 metres.
Canada Nickel is acquiring a 100% interest in Bannockburn, which is subject to an existing 2.0% net smelter return royalty with Outokumpu, in exchange for two million common shares of the Company. Closing of the transaction is subject to the satisfaction of certain customary conditions, including the approval of the TSX Venture Exchange.
Table 1 – Grid Metals Historical Drilling – Bannockburn Property
Figure 1a – Bannockburn "B Zone" – Historical Drillholes Over Total Magnetic Intensity.
Figure 1b – Bannockburn Property with Nickel Sulphide Zones (yellow star) Discovered to Date.
Newmarket Property
The Newmarket Property is located 34 kilometres east of Canada Nickel's Crawford Deposit and consists of 93 contiguous mining claims totaling 1,488 hectares. The property is thought to contain the extension of an ultramafic sill located in Mann Township that Canada Nickel previously optioned from Noble Mineral Exploration. The ultramafic in Newmarket Township measures approximately 8.4 kilometres along strike and up to 600 metres across strike (as estimated from its magnetic footprint).
Exploration of the ultramafic within Newmarket dates to 1947 when International Nickel Co. drilled a series of six short holes to a maximum length of 488 feet (149 metres) and intersected serpentinized ultramafic rocks (no assays provided). In 1995, Falconbridge Ltd. conducted ground geophysics and drilling. Hole MAN35-01 drilled just off the edge of Newmarket property intersected serpentinized ultramafic across entire core length to end of hole. Three three-metre assays at 47, 71, and 105 metres yielded nickel intervals in excess of 0.31% nickel. Hole NEW22-01 intersected a coarse-grained peridotite with an assay value of 0.248% nickel over 3 metres reported by the Ontario Geological Survey.
Consideration for the acquisition of the Newmarket property was included in the property transactions press released on November 22, 2021.
Figure 2 – Newmarket Property – Historical Drillholes Over Total Magnetic Intensity.
Other Property Acquisitions
The Company is also pleased to announce that it has entered into two purchase agreements to acquire certain minor properties located in the Timmins, Ontario nickel-sulphide mining district. Under these agreements, Canada Nickel has agreed, subject to the approval of the TSX Venture Exchange, to issue a total of 17,000 common shares and has agreed that each of the sellers will retain a net smelter royalty of 2%, with Canada Nickel having the right to re-purchase 50% of the royalty.
Canada Nickel also wishes to clarify, further to the acquisition of certain other properties located in the Timmins, Ontario nickel-sulphide mining district described in its April 20, 2022 news release, that in addition to the share consideration described in such prior release, the Company also agreed to pay $75,000 to the seller and grant the seller a 0.5% net smelter royalty on the property, half of which may be bought back for $500,000. In addition, in the event gold mineralization is discovered on the properties, the seller has the right to elect to form a 50% joint venture with the Company to join in the exploration and development of the gold mineralization on the properties.
The common shares described in this news release are subject to a four-month hold period from the date of their respective issuances.
Figure 3 – The Timmins Nickel District
Table 2 – Collars
Statement Regarding TSX Venture
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The completion of any transactions mentioned in this release is subject to customary closing conditions, including final TSX Venture Exchange approval. The common shares issued pursuant to the above noted acquisitions will be subject to a four month hold period under applicable Canadian securities laws. Some transactions may have been approved prior to this release.
Qualified Person and Data Verification
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as such term is defined by National Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.
For further information, please contact:
Mark Selby
Chair and CEO
Phone: 647-256-1954
Email: info@canadanickel.com
Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill and exploration results relating to the target properties described herein (the "Properties"), the potential of the Crawford Nickel Sulphide Project and the Properties, timing of economic studies and mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including upon its employees, suppliers, facilities and other stakeholders. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law.
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SOURCE Canada Nickel Company Inc. | https://www.kxii.com/prnewswire/2022/06/07/canada-nickel-completes-additional-property-acquisitions/ | 2022-06-07T11:42:58Z |
Firefighters in Manatee County team up to rescue a donkey who fell through bridge
Published: May. 11, 2022 at 2:21 PM EDT|Updated: 59 minutes ago
PALMETTO, Fla. (WWSB) - Firefighters from Bradenton Fire and the North River District teamed up for an unusual call Tuesday.
Crews were called out to a home in Palmetto off 37th Street East for reports of a donkey named Cecil that had fallen in between the slats of a wooden bridge near a residence. Initially, the owner had tried to remove slats from the bridge and even to lift the animal with a tractor. It didn’t work, so the crews had to call dispatch to get help with a large animal rescue.
The donkey, who weighs somewhere between 400-500 pounds, had to be carefully lifted with ropes.
The animal was checked and miraculously was uninjured.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/11/firefighters-manatee-county-team-up-rescue-donkey-who-fell-through-bridge/ | 2022-05-11T19:22:25Z |
NEW YORK, May 9, 2022 /PRNewswire/ --
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hemisphere Media Group, Inc. ("Hemisphere" or the "Company") (NASDAQ: HMTV), in connection with the proposed acquisition of the Company by a subsidiary of Gato Investments LP. Under the terms of the merger agreement, the Company's shareholders will receive $7.00 in cash for each share of Hemisphere common stock owned.
If you own Hemisphere 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/hmtv
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) Hemisphere's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $7.00 per-share merger consideration adequately compensates Hemisphere'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/2022/05/09/shareholder-alert-weiss-law-investigates-hemisphere-media-group-inc/ | 2022-05-09T22:43:02Z |
CHICAGO, July 30, 2022 /PRNewswire/ -- Due to high sales, the jackpot from last night's Mega Millions drawing has increased to $1.337 billion.
One lucky Illinois Lottery player has scooped the top prize. The winning ticket was purchased at the Speedway at 885 E Touhy Ave, Des Plaines, IL 60018.
This morning the Illinois Lottery Director, Harold Mays answered questions about this historic win.
"This is the largest lottery prize ever won in Illinois, and the second largest Mega Millions prize ever won," said Director Mays.
"We have not heard from the winner yet. We don't know whether or not they're aware they've won this incredible prize. So we're telling all of our players - check your tickets."
The jackpot has been rolling since April 16, 2022, culminating in last night's historic win in Illinois.
"Millions of people across the country had tickets for the draw. We're thrilled that an Illinois Lottery player won this prize, and that one of our local retailers sold the winning ticket - meaning they get a cash bonus of $500,000."
The Illinois Lottery encourages the winner to sign the back of the ticket, seek professional and legal advice, then make an appointment with the Illinois Lottery to claim their prize.
While the winner has 12 months from the date of the draw to claim their prize, they only have 60 days from the date of the draw to choose the cash option or annual payments. For more information, see the Illinois Lottery Winners' Handbook
Excluding the jackpot, in total, over 390,000 Illinois Lottery players won prizes totalling more than $2.5 million
The Illinois Lottery exists to generate essential funding for K-12 education across the State. Approximately 23 cents of every dollar spent on the lottery is returned to education and good causes.
Press conference video footage courtesy of Fox 32 News Chicago: https://youtu.be/o9vvoPPBK6k
About the Illinois Lottery
Founded in 1974, the Illinois Lottery has contributed over $23 billion (since 1985) to the state's Common School Fund to assist K-12 public schools and special causes like Illinois Veterans services, the fight against breast cancer, MS and Alzheimer's research, Special Olympics, police memorials and assistance for people living with HIV/AIDS. For more information, visit illinoislottery.com.
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SOURCE Camelot Illinois | https://www.wibw.com/prnewswire/2022/07/30/updated-jackpot-1337-billion-won-illinois/ | 2022-07-30T20:03:09Z |
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Carvana Co. ("Carvana" or the "Company") (NYSE: CVNA) and certain of its officers, on behalf of a class consisting of all persons and entities that purchased or otherwise acquired Carvana securities between May 6, 2020 and June 24, 2022, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/cvna.
This class action seeks to recover damages against Defendants for alleged violations of the Securities Act of 1934 (the "Exchange Act").
The Complaint alleges that throughout the Cclass Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Carvana faced serious, ongoing issues with documentation, registration, and title with many of its vehicles; (2) as a result, Carvana was issuing unusually frequent temporary plates; (3) as a result of the foregoing, Carvana was violating laws and regulations in many existing markets; (4) as a result of the foregoing, Carvana risked its ability to continue business and/or expand its business in existing markets; (5) as a result of the foregoing, Carvana was at an increased risk of governmental investigation and action; (6) Carvana was in discussion with state and local authorities regarding the above-stated business tactics and issues; (7) Carvana was facing imminent and ongoing regulatory actions including license suspensions, business cessation, and probation in several states and counties including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina; and (8) as a result, defendants' statements about Carvana's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/cvna or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Carvana you have until October 3, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC | https://www.wibw.com/prnewswire/2022/08/04/bronstein-gewirtz-amp-grossman-llc-notifies-carvana-co-cvna-investors-class-action-actively-participate/ | 2022-08-04T14:48:42Z |
SAN FRANCISCO (AP) — Citing an “immediate threat to human life,” Cloudflare has dropped the notorious stalking and harassment site Kiwi Farms from its internet security services following an online campaign started by transgender Twitch streamer Clara Sorrenti to pressure it to do so.
“This is an extraordinary decision for us to make and given Cloudflare’s role as an Internet infrastructure provider, a dangerous one that we are not comfortable with,” CEO Matthew Prince wrote in a blog post Saturday in an about-face after earlier insisting that the company would not block the site. “However, the rhetoric on the Kiwifarms site and specific, targeted threats have escalated over the last 48 hours to the point that we believe there is an unprecedented emergency and immediate threat to human life unlike what we have previously seen from Kiwifarms or any other customer before.”
For years, members of the site created and operated by Joshua Conner Moon, 29, have congregated on what they call a “lighthearted discussion forum” to organize vicious harassment campaigns against transgender people, feminists and others they deem mockable. They gang up on victims and pool their personal details such as addresses and phone numbers in a practice called “doxxing,” spreading vile rumors and targeting workplaces, friends, families and homes. Another favorite tactic has been “swatting” — making false emergency calls to provoke an armed police response at a target’s home. Some people subjected to the group’s abuse have died by suicide.
Sorrenti, who goes by “Keffals” online, has been leading a campaign to pressure Cloudflare to drop Kiwi Farms. In August, she fled her home in Canada for Europe after she was doxxed and swatted. Her online stalkers, however, found her in Belfast, Ireland, as well and continued to intensify their harassment campaign against her just as her campaign against Kiwi Farms and its enablers was gaining momentum.
“When a multi-billion dollar corporation like Cloudflare has to drop Kiwi Farms because of an ‘imminent and emergency threat to human life’ it is no longer a matter of free speech. Removing Kiwi Farms from the internet is a matter of public safety for every single person online,” she tweeted on Saturday.
On Sunday, Kiwi Farms was inaccessible. But a version of the site with a .ru domain name was intermittently up and running, though it was not clear whether it would remain up.
The decision to drop Kiwi Farms Saturday was an about-face for Cloudflare and Prince, who earlier in the week put out a 2,600-word blog post — without mentioning the site by name — doubling down on the decision to protect it and comparing Cloudflare to a phone company that “doesn’t terminate your line if you say awful, racist, bigoted things.”
But Sorrenti and other targets of the site say it was far worse than that, as trolls on the site relentlessly pursued their victims offline — often for years on end.
“They are trying to get people to lose their jobs. They’re trying to get people to lose their housing, to be starving and homeless,” Liz Fong-Jones, a former Google engineer and cloud computing expert who is transgender, told the AP last week. “And then they go after people’s families and then they tell people that the only way out is to kill themselves.”
Moon started Kiwi Farms nearly a decade ago as a wiki site dedicated to harassing a transgender woman; Moon even used the woman’s initials in an early version of the site’s name. Over time its users began to target other people — mostly active online users who are transgender, have autism or other mental conditions. Kiwi Farms in its current form was born in 2015.
An overarching theme of the site’s discussions centers on users’ fierce opposition to transgender children receiving gender-affirming medical care. Members typically refer to those who support such treatment as “groomers” and “pedophiles,” rhetoric that is also used increasingly by conservatives in their opposition to LGBTQ rights.
“There has never been a violent incident in our history, which cannot be said for many other sites still on Cloudflare. This narrative feels like a lie spun up to save face,” Moon, who posts on Kiwi Farms under the pseudonym “Null,” posted Saturday in response to Cloudflare’s cutoff. Reached earlier by The Associated Press to comment on the campaign against his site, Moon replied only “the press are scum.”
KiwiFarms.ru is registered to and protected by the Russian company DDoS-Guard, whose customers have in the past included Russian government websites including the Defense Ministry and cybercriminal forums where stolen credit cards are bought and sold.
Last year, DDoS-Guard protected the pro-Trump social media website Parler.com for a time after Amazon withdrew hosting services. KiwiFarms.ru was registered on July 12, suggesting Moon, was aware Cloudflare could drop his site and thus created a backup plan.
DDoS-Guard did not immediately respond to a message seeking comment on Sunday. Kiwi Farms’ internet connection is provided by VegasNAP, a Las Vegas-based company that said in response to queries last week that it does not disclose information about its clients. Contacted again Sunday, the company did not immediately respond.
“In the past, DDoS-Guard has been known to discontinue support for some seriously problematic websites, apparently as a result of press inquiries. That very well may happen again, in this instance, but I wouldn’t bet on it,” said independent internet expert Ron Guilmette. “Obviously, a lot has changed in the world since February 24, 2022, and I do believe that, in general, Russians these days, and over the past 6 months in particular, have learned to care a whole lot less about what the rest of the world thinks of them and/or their actions.” | https://cw33.com/technology/ap-technology/ap-citing-imminent-danger-cloudflare-drops-hate-site-kiwi-farms/ | 2022-09-05T02:05:37Z |
Heat Advisory Begins Thursday
Searing heat peaks Saturday, front brings heat relief late this weekend
A Heat Advisory is in effect for Thursday and Friday. Heat Index readings may exceed 105 degrees, especially Friday.
Upper level high pressure strengthens and expands across Texoma as the weekend approaches; meanwhile, surface winds turn to the southwest, further boosting the heat potential. Hottest readings are expected on Friday and Saturday.
The long-range models are consistent in a late-June cold front passing through Texoma on Sunday. A widely scattered shower or thunderstorm is possible with the frontal passage followed by less intense heat early next week. In fact, I’m going for lows in the upper 60s and highs in the lower 90s by Monday, spot on for the end of June.
Steve LaNore
Chief Meteorologist
News 12 / KXII-TV
Copyright 2021 KXII. All rights reserved. | https://www.kxii.com/2022/06/22/heat-advisory-begins-thursday/ | 2022-06-22T23:22:23Z |
MacKenzie Scott gave $122.6 million to Big Brothers Big Sisters of America, the national youth-mentoring charity announced on Tuesday. The gift is the latest of several the billionaire writer has given to large national nonprofits that carry out their missions through local chapters in neighborhoods throughout the country.
With this latest donation, Scott has contributed a total of nearly $12.5 billion since 2020 to at least 1,253 nonprofits, many of which aim to help low-income and underserved populations. Her latest gift to Big Brothers Big Sisters of America follows three other nine-figure donations she gave to large national charities with local affiliates in March.
Those include $275 million to Planned Parenthood Federation of American for its national office and 21 of its local affiliates, $436 million to Habitat for Humanity International and 84 of its U.S. affiliates, and $281 million to the Boys & Girls Clubs America and 62 of its local chapters.
So far Scott has given at least $1.5 billion in the first five months of 2022, according to roughly 30 nonprofits that have announced Scott gifts this year.
Like almost all of Scott’s donations, the contribution is unrestricted, so the charity can use it for programs, operations, or any other purpose.
“This is a moonshot for the work that we are going to do,” said Artis Stevens, the group’s CEO, who said it has spent the past two years designing a strategic plan for expanding its mentoring capabilities and was starting to devise fundraising efforts when Stevens received news of the gift last week. “Even though this gift is going to be transformative, one in three kids in this country don’t have a positive sustained mentor in their lives and so this challenge is bigger than one organization can take on. We know we have to be able to build a capacity both in our organization as well as partnering with others to take this on.”
Stevens says the organization plans to use Scott’s gift for a variety of efforts in both its national office in Tampa, Florida, and at 38 of its 230 chapters throughout the county. Many of the families and youths the nonprofit serves are from underserved populations and were hit hard by the pandemic and recent social-justice struggles.
The organization currently has 30,000 youths waiting for a mentor. Stevens says Scott’s gift will help expand its ability to match more youths with mentors and provide more mentor-training programs. It also aims to attract more volunteers who identify as people of color and LGBTQ+, as well as those in rural areas.
The nonprofit plans to broaden its offerings beyond its traditional format of one-to-one mentoring for children and teens by creating more group mentoring, peer-to-peer mentoring, and workplace mentoring for 18- to 25-year-olds.
“We’re the largest provider of youth workplace mentoring in the country,” said Stevens. “We want to be able to expand and extend our vision to every company in America to have a youth-mentoring program that both helps supply more of the work force and helps engage employees and give opportunities to kids in underrepresented, underserved communities.”
Youth-mentoring programs take a tremendous amount of resources and staff time to be run well, said David DuBois, a University of Illinois professor who has studied mentoring programs for three decades and was a volunteer mentor for Big Brothers Big Sisters for two years earlier in his academic career.
“You’ve got to be able to support those relationships and check in and make sure that all parties — the kid, the volunteer, the parents — are getting the encouragement and the guidance,” DuBois said. “So there’s a lot of moving parts to these programs.”
A key part is the extensive interview and vetting process volunteer mentors must go through before they are approved to work with youths, he said. Volunteers must be trained, and then the relationship between the volunteer and the young person needs continued guidance and monitoring. Having enough resources to carry all of that out is crucial.
While Scott’s gift is a windfall for the organization, Stevens says with all that the charity hopes to accomplish, he knows it will go only so far. He and his team are already having conversations with the organization’s donors about its ongoing needs. Stevens says he sees the gift as an “invitation” to other donors to support the group’s plans for the future.
As with all big gifts, however, some donors might think that Big Brothers Big Sisters no longer needs their support, said Tyrone McKinley Freeman, associate professor of philanthropic studies and director of undergraduate programs at the Indiana University Lilly Family School of Philanthropy.
“There’s that kind of tension that organizations have long dealt with,” Freeman said. “It will be important to communicate how the resources are being used and what’s being done and then how (others) can continue to contribute — especially for something like this where the need outpaces the group’s volunteer base.”
Stevens said he is having those conversations with his other donors now.
He described the gift as “awesome,” saying, “It is transformative for 38 of our agencies, but we’ve got 230 agencies, and we know that there’s much more work to do. There is more opportunity and more growth and more need in this country. But we need more people at the table. It takes all of us.”
____
This article was provided to The Associated Press by the Chronicle of Philanthropy. Maria Di Mento is a senior reporter at the Chronicle. Email: maria.dimento@philanthropy.com. The AP and the Chronicle receive support from the Lilly Endowment for coverage of philanthropy and nonprofits. The AP and the Chronicle are solely responsible for all content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy. | https://cw33.com/business/ap-business/mackenzie-scott-gives-123m-to-big-brothers-big-sisters/ | 2022-05-25T07:59:21Z |
NEW YORK, June 16, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Lilium N.V. f/k/a Qell Acquisition Corp. ("Lilium N.V. f/k/a Qell Acquisition Corp." or the "Company") (NASDAQ: LILM) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lilium N.V. f/k/a Qell Acquisition Corp. investors who were adversely affected by alleged securities fraud between March 30, 2021 and March 14, 2022. Follow the link below to get more information and be contacted by a member of our team:
LILM investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Lilium materially overstates the design and capabilities of the Lilium Jet, an electric vertical take-off-and-landing aircraft for use in a new type of high-speed air transport system for people and goods; (2) Lilium materially overstates the likelihood for the Lilium Jet's timely certification; (3) Lilium misrepresents its ability to obtain or create the necessary batteries for the Lilium Jet; (4) the special purpose acquisition company merger would not and did not generate enough cash to commercially launch the Lilium Jet; (5) Qell Acquisition Corp. did not engage in proper due diligence regarding its merger with Lilium GmbH; and (6) as a result, Defendants' public statements and statements to journalists were materially false and/or misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Lilium N.V. f/k/a Qell Acquisition Corp. during the relevant time frame, you have until June 17, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/06/16/lilm-lawsuit-alert-levi-amp-korsinsky-notifies-lilium-nv-fka-qell-acquisition-corp-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-16T10:31:03Z |
New Research Pinpoints Brand Equity Across 35 Consumer Categories
BOSTON, June 14, 2022 /PRNewswire/ - Arnold Worldwide today announced findings from its second annual BrandUP study, which dissects brand momentum across more than 35 categories. The proprietary study of U.S. consumers serves as an objective tool for marketers in their quest to understand brand equity and the ever-changing factors that drive universal and personal connections with consumers.
Arnold researched 291 brands across 35 different categories, ranging from financial services and tourism to restaurants and automotive, and benchmarked the findings against data from the inaugural study. The study also took a deep dive into brand connections with younger and older audiences, as well as Hispanic and Black consumers.
"BrandUP is unique in that it not only assesses overall brand health, but also dissects cultural cache and personal attachment to identify the key drivers of momentum," said Chief Strategy Officer of Arnold Worldwide, Bre Rosetti. "This study is a valuable resource for marketers who want to better understand their brand's specific and prescriptive levers for growth relative to their competition."
Outcomes from the research showed that the most successful brands have both a universal, and personal connection to their audience. Among others, the study revealed various insights on the success of discount store's during the pandemic, correlations between diversity and consumer confidence and the power of brand reliability.
In addition, BrandUP presented key learnings on brand and category momentum, as well as the underlying reasons for any increase or decrease in growth. Top themes include:
- A Renewed Demand for Convenience and Savings: Rising inflation fueled deeper consumer connections with discount and low-cost store categories, while technology was one of several industries that continued to enjoy strong consumer connections due to the convenience it provides.
- Post-Pandemic Generational Shifts: Younger audiences (18-34) continue to turn to YouTube and TikTok for personal and universal interactions, while 35 – 65-year old's forged notable connections with healthcare brands post-lock down
- Bring out the Fun: Beyond convenience and savings, consumers want to experience happiness and lean into brands that spark creativity and imagination.
- Inclusivity Gets Noticed: Multicultural audiences seek out brands that embrace diversity and create unique experiences around this ethos.
The study also generated insights on brand shifts due to the impact of vaccines and the positive outlook about the pandemic ending. The information revealed in the study resulted in a clear pattern of consumer desire for brands to leverage fun and creativity. As the economy continues to shift and supply chains continue to be impacted this year, the BrandUP results prove consumers connect best with brands that provide value through reliability, consistency, and diversity.
"Long-term we believe BrandUP will provide a multifaceted analysis of trends across many categories, as well as audiences," said Rossetti. "We expect the abundance of this data to become more valuable as time goes on, offering a treasure trove of insight for new category entrants, brands looking to reimagine themselves, or leaders who want to stay on top of their industry."
For more insights and key learnings from the BrandUp study, please visit www.brandup.arn.com to register for a BrandUp webinar on June 29th at 9 a.m. ET hosted by Arnold's Chief Strategy Officer Bre Rossetti.
About Arnold:
Arnold is an independent-minded integrated advertising agency that makes it Safe to be Brave. We transform brands into household names and grow businesses by delivering breakthrough, culturally connected work. Arnold is headquartered in Boston and is part of the Havas Group. Learn more on arn.com, or follow us on LinkedIn, Twitter, and Instagram.
For more information about Arnold Worldwide, visit www.arn.com.
Methodology:
The BrandUP study includes survey results from almost 12,000 people, ages 18-65. The survey took a deep dive at brand connections across 35 different consumer categories and 291 brands.
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SOURCE Arnold Worldwide | https://www.wibw.com/prnewswire/2022/06/14/new-brandup-research-arnold-worldwide-uncovers-how-pandemic-cultural-pressures-impact-consumer-connection-brands/ | 2022-06-14T13:21:17Z |
House Jan. 6 panel unlikely to call Trump, chairman says
WASHINGTON (AP) — House investigators are unlikely to call former President Donald Trump to testify about his role in the Jan. 6, 2021 insurrection, relying instead on interviews with aides, family and others who were close to him at the time.
Mississippi Rep. Bennie Thompson, the Democratic chairman of the nine-member panel investigating the attack, said Tuesday that it’s “not our expectations” to call Trump, whose supporters broke into the U.S. Capitol that day and interrupted the certification of President Joe Biden’s victory.
Thompson said the panel hasn’t made any final decisions, “but there’s no feeling among the committee to call him as a witness at this point.”
“We’re not sure that the evidence that we receive can be any more validated with his presence,” Thompson said. “I think the concern is whether or not he would add any more value with his testimony.”
The comments come as the panel prepares to hold a series of hearings in June and as members make final decisions about who to call for testimony. The committee has already talked to almost 1,000 witnesses behind closed doors or on video, including aides to both Trump and former Vice President Mike Pence who have testified about Trump’s pressure on Pence to object to Biden’s certification. But the panel hasn’t heard directly from either of the two men.
Trump is still pushing falsehoods about the presidential election, saying there was widespread fraud and that he beat Biden even though election officials across the country, federal courts and even his own attorney general rejected those claims. Pence rejected Trump’s pressure and refused to try and object as part of his ceremonial role overseeing the electoral count.
Thompson said testimony from Pence would be “significant,” but that the committee is still speaking with the former vice president’s lawyers. He said it’s unclear whether Pence will eventually sit for an interview.
“Former President Trump made a significant effort to get him to join his side, so I’m convinced that his testimony, beyond what’s already in the public record, would enhance the public’s knowledge of what went on,” Thompson said of Pence.
Much of the evidence the committee has already compiled comes from interviews with former White House aides and staff, including thousands of texts from Trump’s final chief of staff, Mark Meadows, and two of the former president’s children, Ivanka Trump and Donald Trump Jr. Both were with their father the day of the attack.
The committee has also interviewed former White House aide Jared Kushner, Ivanka’s husband, former communications director Alyssa Farah and multiple Pence aides, including his chief of staff, Marc Short, and his national security adviser, Keith Kellogg. Former White House press secretaries Kayleigh McEnany and Stephanie Grisham have also appeared, as has former senior policy adviser Stephen Miller.
The committee last week subpoenaed House Republican Leader Kevin McCarthy and four other GOP lawmakers, seeking more information about McCarthy’s conversations with Trump the day of the attack and meetings the four lawmakers had with the White House as Trump and his aides worked to overturn his 2020 election defeat.
None of the men have said whether they will comply. McCarthy said last week that he viewed the subpoenas as political and declined to comment Tuesday on whether he had made a decision.
The other GOP lawmakers receiving subpoenas were Reps. Jim Jordan of Ohio, Scott Perry of Pennsylvania, Andy Biggs of Arizona and Mo Brooks of Alabama. The committee said the men had participated in meetings at the White House, had direct conversations with Trump leading up to the attack and were “involved in the planning and coordination of certain activities” on or before the insurrection.
McCarthy has acknowledged he spoke with Trump on Jan. 6 as the attack on the Capitol unfolded but he has not shared many details. The committee requested information about McCarthy’s conversations with Trump “before, during and after” the riot.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/17/house-jan-6-panel-unlikely-call-trump-chairman-says/ | 2022-05-17T21:46:04Z |
Global System-wide sales grow 14%, up nearly $1 billion year-over-year to over $10 billion
Consolidated comparable sales accelerate to 9% with 14% growth at Tim Hortons Canada, 18% at Burger King International
Digital sales grow double-digits year-over-year to over $3 billion, representing 33% of system-wide sales
Over $400 million of capital returned to shareholders in Q2 through dividends and share buybacks
TORONTO, Aug. 4, 2022 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) today reported financial results for the second quarter ended June 30, 2022.
"We made significant progress across our business in the second quarter, accelerating consolidated comparable sales to 9% and driving 14% growth in global system-wide sales. These results reflect benefits from our dedicated investments in key areas of the business, including people, technology, operations and marketing," said José Cil, Chief Executive Officer of RBI.
"The team at Tim Hortons Canada delivered exceptional results this quarter, aided by investments against our Back to Basics plan and strong execution from our committed group of restaurant owners. In the second quarter, we drove sales above pre-pandemic levels for the first time since the onset of the pandemic and continue to build strong momentum as we move to accelerate growth. We believe there is a long runway for Tim's in Canada, anchored by great product quality, menu and digital innovation, and a strong group of restaurant owners," continued Cil.
"We continue to see steady improvements in our Burger King U.S. business and will be sharing the details of our plan to accelerate home market growth with all of our franchisees in early September. In addition, the Burger King international business had another strong quarter, posting an impressive 18% comparable sales and 28% system-wide sales growth. Meanwhile, the Popeyes' team has been successful delivering strong unit growth and at Firehouse Subs, the team is focused on building the capabilities to execute on our vision of rapid growth for this loved brand in the U.S. and around the world," continued Cil.
"Our second quarter results demonstrate the benefits of our diversified, global business model and strong free cash flow generating capability which allows us to continue investing in important areas of the business while returning capital to shareholders. I am incredibly proud of the hard work of our franchisees, team members and employees who remain focused on executing against our long-term plans to drive sustainable growth," concluded Cil.
Commencing upon the acquisition of Firehouse Subs in December 2021, we have four operating segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK) and Firehouse Subs (FHS). Our financial results and operational highlights are disclosed based on these segments each quarter.
The year-over-year increases in Total Revenues on an as reported and on an organic basis were primarily driven by increases in system-wide sales at Tim Hortons, Burger King and Popeyes. On an as reported basis the increase was also driven by the inclusion of Firehouse Subs. This increase in Total Revenues on an as reported basis was partially offset by unfavorable FX movements.
The year-over-year decrease in Net Income was primarily driven by income tax expense in the current year compared to an income tax benefit in the prior year, unfavorable FX movements, and an increase in share-based compensation and non-cash incentive compensation expense, partially offset by increases in segment income in our TH, BK and PLK segments, the inclusion of FHS segment income and a favorable change from other operating expenses (income), net.
The year-over-year increases in Adjusted EBITDA on an as reported and on an organic basis were primarily driven by increases in TH, BK and PLK Adjusted EBITDA. On an as reported basis the increase was also driven by the inclusion of FHS Adjusted EBITDA partially offset by unfavorable FX movements.
The year-over-year increase in Adjusted Net Income was primarily driven by increases in Adjusted EBITDA in our TH, BK and PLK brands and the inclusion of FHS Adjusted EBITDA, partially offset by an increase in adjusted income tax expense.
During the first quarter of 2022, we shared a number of actions that we have taken to date as a result of the events related to Russia's military invasion of Ukraine. As a reminder, Burger King is our only brand with restaurants in Russia, all of which are operated under a master franchise arrangement. We suspended all corporate support for the Russian market, including operations, marketing, and supply chain support in addition to refusing approvals for new investment and expansion. During the second quarter, we donated funds received from franchised operations in Russia of approximately $1 million to the UNHCR to support humanitarian aid for Ukrainian refugees.
While we currently include results from our franchised restaurants in Russia within reported key business metrics, we do not expect to generate any profits from restaurants in Russia in 2022. During the second quarter, these restaurants had an estimated $11 million, or 2.0%, negative impact on our year-over-year organic adjusted EBITDA growth.
Below are the RBI consolidated and BK segment operational highlights excluding the results from Russia for the three months ended June 30, 2022 and 2021. Refer to page 24 for the RBI consolidated and BK segment quarterly operational highlights excluding the results from Russia for 2021.
The global crisis resulting from the spread of coronavirus ("COVID-19") impacted our global restaurant operations for the three months ended June 30, 2022 and 2021, though in 2022 the impact was more modest than in the prior year. During the three months ended June 30, 2022 and 2021, substantially all restaurants remained open, some with limited operations, such as drive-thru, takeout and delivery (where applicable), reduced, if any, dine-in capacity, and/or restrictions on hours of operation. Certain markets periodically required temporary closures while implementing government mandated lockdown orders. For example, while most regions have eased restrictions, increases in cases and new variants caused certain markets, including China, to re-impose temporary restrictions as a result of government mandates. We expect local conditions to continue to dictate limitations on restaurant operations, capacity, and hours of operation. COVID-19 has also contributed to labor challenges, which in some regions resulted in reduced operating hours and service modes at select restaurants as well as supply chain pressures.
In addition, during 2022, there have been increases in commodity, labor and energy costs partially due to the macroeconomic impact of both COVID-19 and the War in Ukraine. Further significant increases in inflation could affect the global, Canadian and U.S. economies, which could have an adverse impact on our business and results of operations if we and our franchisees are not able to adjust prices sufficiently to offset the effect of cost increases without negatively impacting consumer demand.
During the first quarter of 2022 we made a change to the way we report revenues and expenses related to technology initiatives to provide clarity and consistency across our brands and with our industry peers. We had previously included revenue from technology fees in Franchise and property revenues, while the associated technology expenses were included in General and administrative expenses. Starting in the first quarter of 2022, revenue from technology fees will be reported in Advertising revenues and other services, while the associated technology expenses will be reported in Advertising expenses and other services.
Additionally, prior year amounts in the condensed consolidated statements of operations and accompanying BK segment results have been reclassified in order to be comparable with the current year classifications. These reclassifications did not arise as a result of any changes to accounting policies and relate entirely to presentation with no effect on previously reported net income and segment income. Refer to page 25 for the RBI consolidated and BK segment quarterly results for 2021 adjusted for these reclassifications.
For the second quarter of 2022, the increase in system-wide sales was primarily driven by comparable sales of 12.2%, including Canada comparable sales of 14.2%, and net restaurant growth of 5.7%.
The year-over-year increases in Total Revenues on an as reported and on an organic basis were primarily driven by an increase in system-wide sales as well as increases in commodity prices passed on to franchisees and an increase in sales to retailers. This increase in Total Revenues on an as reported basis was partially offset by unfavorable FX movements.
The year-over-year increases in Adjusted EBITDA on an as reported and on an organic basis were primarily driven by the increase in system-wide sales and by advertising revenues exceeding advertising expenses in the current year period compared to advertising expenses exceeding advertising revenues in the prior year period driven by our support behind the marketing program in Canada in the prior year period, partially offset by an increase in Segment G&A. This increase in Adjusted EBITDA on an as reported basis was partially offset by unfavorable FX movements.
For the second quarter of 2022, the increase in system-wide sales was driven by comparable sales of 10.0%, including rest of the world comparable sales of 18.4% and relatively flat US comparable sales, and net restaurant growth of 2.8%.
The year-over-year changes in Total Revenues on an as reported and on an organic basis were primarily driven by the increase in system-wide sales. This increase in Total Revenues on an as reported basis was partially offset by unfavorable FX movements.
The year-over-year changes in Adjusted EBITDA on an as reported and on an organic basis were primarily driven by the increase in system-wide sales, partially offset by advertising revenues exceeding advertising expenses to a lesser extent than in the prior year period, an increase in expenses related to technology initiatives, and a decrease in bad debt recoveries in the current year compared to the prior year. This increase in Adjusted EBITDA on an as reported basis was partially offset by unfavorable FX movements.
For the second quarter of 2022, the increase in system-wide sales was driven by net restaurant growth of 8.1%, and comparable sales of 1.4%, including relatively flat US comparable sales.
The year-over-year changes in Total Revenues on an as reported and on an organic basis were primarily driven by the increase in system-wide sales. This increase in Total Revenues on an as reported basis was partially offset by unfavorable FX movements.
The year-over-year increases in Adjusted EBITDA on an as reported and on an organic basis were primarily driven by the increase in system-wide sales, partially offset by an increase in Segment G&A. This increase in Adjusted EBITDA on an as reported basis was partially offset by unfavorable FX movements.
For the second quarter of 2022, the increase in system-wide sales was driven by net restaurant growth of 2.5%, partially offset by a decrease in comparable sales of (1.4)%, including a decrease in US comparable sales of (1.2)%.
As of June 30, 2022, total debt was $13.4 billion, net debt (total debt less cash and cash equivalents of $0.8 billion) was $12.6 billion, and net leverage was 5.4x. During the second quarter we also repurchased 3.2 million RBI common shares for $165 million under our $1 billion share repurchase program and as of June 30, 2022 had $123 million remaining under the authorization. We plan to submit a new normal course issuer bid, subject to TSX approval, to be effective following expiration of the current one.
The RBI Board of Directors has declared a dividend of $0.54 per common share and partnership exchangeable unit of Restaurant Brands International Limited Partnership for the third quarter of 2022. The dividend will be payable on October 5, 2022 to shareholders and unitholders of record at the close of business on September 21, 2022.
We will host an investor conference call and webcast at 8:30 a.m. Eastern Time on Thursday, August 4, 2022, to review financial results for the second quarter ended June 30, 2022. The earnings call will be broadcast live via our investor relations website at http://rbi.com/investors and a replay will be available for 30 days following the release. The dial-in number is 1 (646)-904-5544 for U.S. callers, 1 (226)-828-7575 for Canadian callers, and 1 (929)-526-1599 for callers from other countries. For all dial-in numbers please use the following access code: 194063.
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities. To learn more about RBI, please visit the company's website at www.rbi.com.
This press release contains certain forward-looking statements and information, which reflect management's current beliefs and expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties. These forward-looking statements include statements about our expectations regarding the effects and continued impact of the COVID-19 pandemic, the war in Ukraine and related macro-economic conditions on our results of operations, business, liquidity, prospects and restaurant operations and those of our franchisees, including local conditions and government-imposed limitations and restrictions, our growth opportunities and ability to drive long-term, sustainable growth, through product quality, menu and digital innovation and a committed group of restaurant owners, our continued investment in our business and returning capital to shareholders, our plans to accelerate home market growth, and our suspension of operations in and financial results from Russia. The factors that could cause actual results to differ materially from RBI's expectations are detailed in filings of RBI with the Securities and Exchange Commission and applicable Canadian securities regulatory authorities, such as its annual and quarterly reports and current reports on Form 8-K, and include the following: risks related to unforeseen events such as pandemics; risks related to supply chain; risks related to ownership and leasing of properties; risks related to our franchisees financial stability and their ability to access and maintain the liquidity necessary to operate their business; risks related to RBI's ability to successfully implement its domestic and international growth strategy and risks related to its international operations; risks related to RBI's ability to compete domestically and internationally in an intensely competitive industry; risks related to technology; risks related to the conflict between Russia and Ukraine, and changes in applicable tax and other laws and regulations or interpretations thereof. Other than as required under U.S. federal securities laws or Canadian securities laws, we do not assume a duty to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, change in expectations or otherwise.
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Operations
(In millions of U.S. dollars, except per share data)
(Unaudited)
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(In millions of U.S. dollars, except share data)
(Unaudited)
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Condensed Consolidated Statements of Cash Flows
(In millions of U.S. dollars)
(Unaudited)
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Key Operating Metrics
We evaluate our restaurants and assess our business based on the following operating metrics.
System-wide sales growth refers to the percentage change in sales at all franchise restaurants and Company restaurants (referred to as system-wide sales) in one period from the same period in the prior year. Comparable sales refers to the percentage change in restaurant sales in one period from the same prior year period for restaurants that have been open for 13 months or longer for TH, BK and FHS and 17 months or longer for PLK. Additionally, if a restaurant is closed for a significant portion of a month, the restaurant is excluded from the monthly comparable sales calculation. System-wide sales growth and comparable sales are measured on a constant currency basis, which means that results exclude the effect of foreign currency translation ("FX Impact") and are calculated by translating prior year results at current year monthly average exchange rates. We analyze key operating metrics on a constant currency basis as this helps identify underlying business trends, without distortion from the effects of currency movements.
System-wide sales represent sales at all franchise restaurants and company-owned restaurants. We do not record franchise sales as revenues; however, our royalty revenues and advertising fund contributions are calculated based on a percentage of franchise sales.
Net restaurant growth refers to the net increase in restaurant count (openings, net of permanent closures) over a trailing twelve month period, divided by the restaurant count at the beginning of the trailing twelve month period.
These metrics are important indicators of the overall direction of our business, including trends in sales and the effectiveness of each brand's marketing, operations and growth initiatives.
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Supplemental Disclosure
(Unaudited)
General and Administrative Expenses
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Non-GAAP Financial Measures
(Unaudited)
Below, we define the non-GAAP financial measures, provide a reconciliation of each non-GAAP financial measure to the most directly comparable financial measure calculated in accordance with U.S. Generally Accepted Accounting Principles ("GAAP"), and discuss the reasons why we believe this information is useful to management and may be useful to investors. These measures do not have standardized meanings under GAAP and may differ from similarly captioned measures of other companies in our industry.
Non-GAAP Measures
To supplement our condensed consolidated financial statements presented on a GAAP basis, RBI reports the following non-GAAP financial measures: EBITDA, Adjusted EBITDA, LTM Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted Earnings per Share ("Adjusted Diluted EPS"), Organic revenue growth, Organic Adjusted EBITDA growth, Free Cash Flow, LTM Free Cash Flow and Net Leverage. We believe that these non-GAAP measures are useful to investors in assessing our operating performance or liquidity, as they provide them with the same tools that management uses to evaluate our performance or liquidity and are responsive to questions we receive from both investors and analysts. By disclosing these non-GAAP measures, we intend to provide investors with a consistent comparison of our operating results and trends for the periods presented.
EBITDA is defined as earnings (net income or loss) before interest expense, net, (gain) loss on early extinguishment of debt, income tax (benefit) expense, and depreciation and amortization and is used by management to measure operating performance of the business. Adjusted EBITDA is defined as EBITDA excluding (i) the non-cash impact of share-based compensation and non-cash incentive compensation expense, (ii) (income) loss from equity method investments, net of cash distributions received from equity method investments, (iii) other operating expenses (income), net, and (iv) income or expense from non-recurring projects and non-operating activities. For the periods referenced, this included non-recurring fees and expenses incurred in connection with the Firehouse Subs acquisition consisting of professional fees, compensation related expenses and integration costs as well as costs from professional advisory and consulting services associated with certain transformational corporate restructuring initiatives that rationalize our structure and optimize cash movements, including services related to significant tax reform legislation, regulations and related restructuring initiatives. Management believes that these types of expenses are either not related to our underlying profitability drivers or not likely to re-occur in the foreseeable future and the varied timing, size and nature of these projects may cause volatility in our results unrelated to the performance of our core business that does not reflect trends of our core operations. Adjusted EBITDA is used by management to measure operating performance of the business, excluding these non-cash and other specifically identified items that management believes are not relevant to management's assessment of our operating performance. Adjusted EBITDA, as defined above, also represents our measure of segment income for each of our four operating segments.
LTM Adjusted EBITDA is defined as Adjusted EBITDA for the last twelve month period to the date reported. See reconciliation of LTM Adjusted EBITDA in the following pages.
Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization as a result of acquisition accounting, (ii) amortization of deferred financing costs and debt issuance discount, (iii) loss on early extinguishment of debt and interest expense, which represents non-cash interest expense related to losses reclassified from accumulated comprehensive income (loss) into interest expense in connection with interest rate swaps de-designated in May 2015, November 2019 and September 2021, (iv) (income) loss from equity method investments, net of cash distributions received from equity method investments, (v) other operating expenses (income), net, and (vi) income or expense from non-recurring projects and non-operating activities (as described above).
Adjusted Diluted EPS is calculated by dividing Adjusted Net Income by the weighted average diluted shares outstanding of RBI during the reporting period. Adjusted Net Income and Adjusted Diluted EPS are used by management to evaluate the operating performance of the business, excluding certain non-cash and other specifically identified items that management believes are not relevant to management's assessment of operating performance.
Net Leverage is defined as net debt (total debt less cash and cash equivalents) divided by LTM Adjusted EBITDA. Net Leverage is an operating performance measure that we believe provides investors a more complete understanding of our leverage position and borrowing capacity after factoring in cash and cash equivalents that eventually could be used to repay outstanding debt.
Revenue growth and Adjusted EBITDA growth, on an organic basis, are non-GAAP measures that exclude the impact of FX movements and also exclude the results of Firehouse Subs for the first four full fiscal quarters following the acquisition. Management believes that organic growth is an important metric for measuring the operating performance of our business as it helps identify underlying business trends, without distortion from the effects of FX movements and the Firehouse Subs acquisition. We calculate the impact of FX movements by translating prior year results at current year monthly average exchange rates.
Free Cash Flow is the total of Net cash provided by operating activities minus Payments for property and equipment. Free Cash Flow is a liquidity measure used by management as one factor in determining the amount of cash that is available for working capital needs or other uses of cash, however, it does not represent residual cash flows available for discretionary expenditures. LTM Free Cash Flow is defined as Free Cash Flow for the last twelve month period to the date reported.
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Non-GAAP Financial Measures
Organic Growth in Revenue and Adjusted EBITDA
(Unaudited)
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Non-GAAP Financial Measures
Reconciliation of EBITDA and Adjusted EBITDA to Net Income
(Unaudited)
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Non-GAAP Financial Measures
Reconciliation of Net Income to Adjusted Net Income and Adjusted Diluted EPS
(Unaudited)
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Non-GAAP Financial Measures
Net Leverage and Reconciliation of Free Cash Flow
(Unaudited)
RESTAURANT BRANDS INTERNATIONAL INC. AND SUBSIDIARIES
Non-GAAP Financial Measures
Reconciliation of EBITDA and Adjusted EBITDA to Net Income
(Unaudited)
Non-GAAP Financial Measures
Footnotes to Reconciliation Tables
Below are the RBI consolidated and BK segment operational highlights excluding the results from Russia for each quarter of 2021.
Below are the RBI consolidated and BK segment quarterly results for 2021 adjusted for the reclassification of technology revenues from Franchise and property revenues to Advertising revenues and other services and technology expenses from General and administrative expenses to Advertising expenses and other services.
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SOURCE Restaurant Brands International Inc. | https://www.wibw.com/prnewswire/2022/08/04/restaurant-brands-international-inc-reports-second-quarter-2022-results/ | 2022-08-04T11:51:20Z |
TEL AVIV, Israel , May 18, 2022 /PRNewswire/ -- MOV.AI announced today its partnership with Ouster, a leading provider of high-resolution digital lidar sensors, to provide autonomous mobile robots (AMRs) with uninterrupted autonomy in today's challenging intralogistics and industrial environments. MOV.AI has integrated Ouster digital lidar into its Robotics Engine PlatformTM for industrial equipment manufacturers that are looking to automate.
The global warehousing and storage market is estimated to grow from approximately $450 billion in 2021 to $605 billion in 2027.[1] Demand for material handling and warehouse logistics is driven by the dramatic growth of e-commerce, where U.S. online sales, for example, were up by 32% in 2020.[2]
With the demand for intralogistics services skyrocketing, warehouse environments are becoming increasingly dynamic and dense. AMRs need to be able to navigate and move around autonomously, in tall, narrow aisles, with frequently changing inventory and very few fixed physical features to guide them.
Ouster's digital lidar provides AMRs with high-resolution data to accurately perceive the environment and accomplish specific tasks. The OS0 sensor's ultra-wide vertical field-of-view allows AMRs to map the entire warehouse environment, from floor to ceiling, in real-time. This data is then used in autonomy algorithms to help the AMR safely and efficiently navigate throughout the warehouse.
Combining Ouster's high-resolution data with the MOV.AI Robotics Engine PlatformTM, advanced SLAM navigation, obstacle avoidance, and risk avoidance solutions, AMRs can operate efficiently and continuously in challenging warehouse environments, including:
- Dynamic environments
- Environments with little static information (features)
- Environments with repeated structures
The MOV.AI ROS-based Robotics Engine PlatformTM provides AMR manufacturers and automation integrators with navigation, localization, calibration, and the enterprise-grade tools they need for advanced automation. It includes a visual Integrated Development Environment (IDE), off-the-shelf algorithms and integrations, fleet management, flexible interfaces with warehouse environments such as ERP and WMS, and cyber-security compliance.
"MOV.AI's mission is to speed up robot development and to provide AMR manufacturers and integrators with everything they need to develop and operate great robots," said Motti Kushnir, MOV.AI's CEO. "Through our partnership with Ouster, we are able to offer our customers autonomy solutions that work seamlessly in environments with a limited field-of-view and physical features."
"Digital lidar is great for warehouse automation due to its high-resolution, wide field-of-view and reliability. It can provide incredibly precise 3D spatial information that just isn't possible with legacy laser scanning systems, cameras, or radar alone. Reliable data is what enables the robots to move safely and efficiently in dynamic environments," said Aaron English, Ouster's Head of Product Marketing for Industrial & Robotics. "The industry is at a tipping point for automation, which is why we're excited to be partnered with MOV.AI as they scale adoption of their Robotics Engine PlatformTM."
To learn more about MOV.AI solutions, visit www.mov.ai
About MOV.AI
MOV.AI is changing AMRs as we know them. It provides AMR manufacturers and integrators with the tools they need to create enterprise-grade robots quickly, allowing users to benefit from automation products that are as flexible as the age we live in. MOV.AI is a Robotics Engine platform based on ROS and packaged in an intuitive web-based interface. It contains everything needed to build, deploy and operate intelligent robots. MOV.AI completely changes the way Autonomous Mobile Robots are developed, in terms of time to market, cost and flexibility. For more information, visit www.mov.ai, or connect with us on Twitter or LinkedIn
About Ouster
Ouster (NYSE: OUST) is building a safer and more sustainable future through its high-resolution digital lidar sensors for the automotive, industrial, smart infrastructure, and robotics industries. Ouster's sensors offer an excellent combination of price and performance with the flexibility to span hundreds of use-cases and enable revolutionary autonomy across industries. With a global team and high-volume manufacturing, Ouster supports approximately 600 customers in over 50 countries. Ouster is headquartered in San Francisco, CA with offices in the Americas, Europe, Asia-Pacific, and the Middle East. For more information, visit www.ouster.com, or connect with us on Twitter or LinkedIn.
Contact Information:
MOV.AI:
Ruth Zamir
pr@g2mteam.com
Ouster:
Heather Shapiro
press@ouster.io
[1]Global Warehousing and Storage Market to Reach US$ 605.6 Billion by 2027, Impelled by Increasing Preference for Online Shopping, January 2022, IMARC Group
[2]Coronavirus pandemic adds $219 billion to US ecommerce sales in 2020-2021, March 2022, Digital Commerce 360
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SOURCE MOV.AI | https://www.kxii.com/prnewswire/2022/05/18/movai-partners-with-ouster-equip-autonomous-mobile-robots-with-high-resolution-digital-lidar-challenging-warehouse-environments/ | 2022-05-18T10:39:40Z |
Efforts to protect abortion rights are underway in some states -- and were ramping up among Democratic leaders and lawmakers on Sunday -- following the US Supreme Court's ruling eliminating the federal constitutional right to an abortion, with Saturday marking the first full day without the nationwide protection in nearly 50 years.
The impact of Friday's historic ruling that struck down a 1973 legal precedent known as Roe v. Wade was felt immediately, with at least 10 states effectively banning abortion as of Saturday night. Another five states are expected to enact varying trigger laws limiting abortion in the coming days and weeks, including Wyoming, Mississippi, Tennessee, Texas and Idaho.
In all, 26 states have laws that indicate they could outlaw or set extreme limits on abortions, effectively banning the procedure in those states, according to the Guttmacher Institute, a research organization that supports abortion rights.
Georgia already has its own restrictive law that bans abortions when a "fetal heartbeat" can be detected at about six weeks into a pregnancy. That legislation, passed and signed by Republican Gov. Brian Kemp, was suspended by a federal court in Atlanta, but is now set to take effect.
On Sunday, Democrat Stacey Abrams, who is challenging Kemp in this year's gubernatorial election, acknowledged the six-week ban will be Georgia's "law of the land" within days.
"That is horrendous, that is appalling an it is wrong. As the next governor, I'm going to do everything in my power to reverse it," Abrams told CNN's Jake Tapper on "State of the Union."
Abrams called on President Joe Biden do "do what is within the purview of the executive" to mitigate the effect of the court's ruling, but focused her message on broader, federal legislative action. "There should be federal law that allows women to have these choices, to have reproductive choice and reproductive justice," she said.
That, however, is extremely unlikely given the makeup of the Senate, where Democrats hold a razor-thin majority and lack the votes to overcome the filibuster, a procedural hurdle that requires 60 members to bring such a measure to the floor for an up-or-down vote.
In the meantime, other Democrats are taking a more DIY approach to what many have described as a national health crisis. Since the ruling came down on Friday morning, New York Rep. Alexandria Ocasio-Cortez has raised an estimated $400,000 for abortion rights groups -- including tens of thousands during a widely-viewed Instagram Live late on Saturday evening, a spokeswoman told CNN.
Ocasio-Cortez, on NBC's "Meet the Press" Sunday morning, also suggested President Biden expand access to abortion by a variety of means, including the opening of clinics on federal lands inside states that have or plan to enact bans, and to use the tools of the executive and federal agencies to help make medical abortion, through pills obtained via the mail, more easily accessible.
Massachusetts Sen. Elizabeth Warren offered a similar plan of action during an interview with ABC's "This Week," saying the federal government should consider every available legal path to mitigate the new bans and aid states where women are expected to travel to seek legal abortions.
Advocacy groups, meanwhile, are pressing ahead with new legal arguments within the states -- in some cases digging into their own laws for potential avenues to slow or upend new restrictions.
In Utah, which is among the states that moved quickly to ban most abortions following Friday's ruling, Planned Parenthood has already filed a lawsuit against the state's top leaders, claiming its newly enacted law violates multiple civil liberties codified in the state's constitution.
Performing an abortion in Utah under its ban is now a second-degree felony in nearly all cases, according to the lawsuit, which names the governor and the attorney general among the defendants. (The Utah law allows for abortion in three circumstances -- where there is danger to the mother's health, uniformly diagnosable health conditions detected in the fetus or when the mother's pregnancy is the result of rape or incest.)
The lawsuit argues the new abortion law violates multiple rights protected under Utah's constitution, such as the right to determine family composition and equal protection rights, among others. It also says the law has a disparate impact on women as opposed to men, and violates the right to bodily integrity, involuntary servitude, as well as the right to privacy.
"When the Act took effect, PPAU (Plaintiff Planned Parenthood Association of Utah) and its staff were forced to immediately stop performing abortions in Utah beyond those few that are permitted by the Act. If relief is granted in this case, PPAU's health centers would resume providing abortions that would not qualify for any of the Act's exceptions," the lawsuit reads.
CNN has reached out to Gov. Spencer Cox's office for comment on the lawsuit but did not receive a response Saturday. Attorney General Sean D. Reyes' office told CNN it had no comment on the lawsuit.
In Wisconsin, Democratic Gov. Tony Evers vowed to "fight this decision in every way we can with every power we have," after his Republican-controlled state legislature declined to repeal the state's 1849 law banning abortion, which is taking effect again following the Supreme Court ruling.
"Our office is reviewing today's decision and will be providing further information about how we intend to move forward next week," Wisconsin Attorney General Josh Kaul said in a statement Friday.
Protesters arrested during demonstrations
Demonstrators both for and against the High Court's decision have been taking their voices to the streets this weekend in small towns and big cities across the nation, with more events planned Sunday.
Hundreds of people gathered Saturday in Greenville, South Carolina, in response to the ruling. At least six people were arrested at the rally, which included people protesting and supporting the ruling.
Emily Porter, 23, told CNN she was protesting the ruling when she saw police take a woman to the ground after she stepped down from a sidewalk and walked across the street.
"I felt very angry to watch them take an older woman to the ground," Porter told CNN. "If they wanted to detain her, they could have done it in a respectful manner."
After the woman was tackled, several people left the sidewalk to come to her aid, prompting police to detain them, Porter said.
"I'd never thought I'd be in the middle of all this," Porter told CNN. "I was angry, I was afraid and I was confused."
Greenville Police said neither Tasers nor pepper spray was used during the arrests and authorities would review the incident.
In the nation's capital, police arrested two people Saturday after they were accused of "throwing paint over the fence by the U.S. Supreme Court," US Capitol Police tweeted.
In New York City, at least 20 people were "taken into custody with charges pending," after demonstrators marched in protest of the Supreme Court ruling, police said. No further details were provided on the arrests.
On Friday night in Phoenix, law enforcement used tear gas to disperse a crowds of protesters who were demonstrating in front of the State Senate.
Protecting reproductive rights
As some states move to restrict abortion rights, others are taking steps to better protect and expand abortion access and funding.
Minnesota Gov. Tim Walz issued an executive order Saturday providing protections for people who travel into the state for reproductive health care from states where abortion is illegal or criminalized, his office said.
"Our administration is doing everything we can to protect individuals' right to make their own health care decisions," he said in a statement.
The announcement comes as Red River Women's Clinic -- the only abortion clinic in nearby North Dakota -- is preparing to move its services to Minnesota. North Dakota is one of many states that have trigger laws on the books aiming to ban abortion following the Supreme Court ruling. Its law will go into effect 30 days after the ruling is certified by the state's attorney general.
Also Saturday, Washington Gov. Jay Inslee promised to create a "sanctuary state" for reproductive choice for people across the country.
In doing so, Inslee announced an upcoming executive order that will direct state police not to comply with extradition efforts from other states seeking to penalize those who travel to Washington to receive an abortion. He didn't specify when the executive order will be released and or when it will take effect.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/efforts-underway-to-protect-abortion-rights-as-nation-adjusts-to-supreme-courts-reversal-of-roe/article_e192822e-b217-5e2f-978d-e98630cbc4dc.html | 2022-06-26T17:04:59Z |
BELTON — Deon Shamburger, a murder suspect accused of fatally shooting a Belton man last summer, had his pretrial hearing rescheduled Thursday.
Shamburger, 35, of Temple, is charged with murder, a first-degree felony, in the shooting death of Jamel Jones.
The hearing was set to be the first in the county since his extradition to Bell County from Oklahoma, where he was arrested on Nov. 30 after spending four months on the run.
According to an arrest affidavit, on July 30, 2021, officers with the Belton Police Department responded to a shooting at the Belle Oaks Apartment in the 1100 block of Shady Lane.
“Witnesses advised that a male victim had been shot in the chest and a male suspect had taken off,” the affidavit said. “A witness advised dispatch that the male suspect had run towards a wooded area near the complex before fleeing the scene in a Blue Mazda Tribute belonging to one of the residents of the complex.”
Police also learned Jones, 39, was bleeding from his chest and was not doing well.
“Upon arrival at the scene, officers and emergency medical personnel attended to the victim, but he had unfortunately succumbed to his injuries and was pronounced dead at the scene,” the affidavit said. “It appeared a small-caliber bullet had entered his body through the chest and then had lodged internally as there was no exit wound.”
Multiple witnesses were interviewed at the scene about the relationship between Jones and Shamburger.
A woman “stated that the two were friends but recently ‘had beef’ because Jones had borrowed Shamburger’s vehicle, and it got towed,” the affidavit said. “The witness opened the door and saw Jones swing at Shamburger. Shamburger then pulled his arm up, and she heard a pop. The witness ran down the stairs and asked her neighbor to call 911.”
Another woman was interviewed and, according to the affidavit, told them she saw Jones walking and heard gunshots.
“She then saw Jones running around the building and then collapse,” the affidavit said. “Jones said, ‘Oh man, they got me,’ and was bleeding from his chest. The witness attempted to put pressure on his wound until help arrived. She remembers Jones gasping for air and trying to sit up before passing away.”
The owner of the Mazda was interviewed and told officers she initially gave “Yak” — the name she knew Shamburger as — a ride out of the apartment complex but kicked him out of her car when he admitted to allegedly shooting someone.
“Yak was rushing her, and as she was walking to her vehicle, Yak ran to the wooded area nearby and then back to get into her vehicle,” the affidavit said.
Officers searched the wooded area where the witness said Shamburger ran to and found a .22 caliber handgun and a magazine with ammunition nearby.
A warrant for Shamburger’s arrest was issued on Aug. 4.
Law enforcement, including Belton and Salado police, and Bell County Sheriff’s deputies, searched for Jones for several days immediately after the slaying but were unsuccessful, Belton spokesman Paul Romer previously told the Telegram.
Shamburger was arrested by U.S. marshals.
He remained at the Bell County Jail Thursday in lieu of a $1 million bond. | https://www.tdtnews.com/news/central_texas_news/article_206190e8-f8c3-11ec-b0fa-23d51d6547c9.html | 2022-07-01T03:11:53Z |
Harker Heights singer and songwriter Julie Reese first discovered she had breast cancer last year.
“I detected it through a self-exam; I had missed my mammogram the year before because of COVID,” Reese said. “I had been tested for the gene and I was negative for the breast cancer gene, and I had had a good mammogram the year before.”
When she first felt the lump so high up on her chest, Reese said she was not sure it could be breast cancer, but she scheduled a mammogram anyway.
“I’m glad I did — catching it early saved my life,” Reese said. “It was an extremely aggressive type of cancer. Catching it early saved my life.”
Reese said Dr Ashwini Bhat treated her through her battle with cancer.
Bhat said initially in 2020, there was a decline in screening, followed by a backlog of mammogram orders.
“We feel the numbers have returned to pre-covid times now,” Bhat said recently. “Screening mammograms are very essential because the earlier we detect the cancer, the more curable the tumor is, and we can achieve this with less aggressive treatment measures.”
The doctors told Reese she was fortunate in that early detection allowed them to catch the cancer before it had traveled into her lymph nodes.
“I was very fortunate,” she said.
Reese was officially diagnosed with stage one, triple negative breast cancer on Nov. 3, 2021.
After her diagnoses Reese said her three sisters — all under age 40 — all went to get mammograms the same week.
“Because of the aggressive nature of the tumor, I had to get surgery, chemo, and radiation,” Reese said. “Basically, I asked if there was a type of chemo I could take that wouldn’t cause me to lose my hair, but that there was something called cold capping I could look into.”
Cold capping is a cap that causes scalp hypothermia to prevent or reduce hair loss by 70 to 80 percent during chemotherapy treatments, Reese discovered through her research.
Maintaining her hair was important to Reese for her self-image, but also to retain some degree of normalcy for her children, family, and friends while she went through treatment.
Bhat said while she is not personally certified in cold-capping, she has spoken to a representative from the Dignicap cold-capping company.
“I do plan to have a discussion with the company and bring the proposal formally to our cancer committee to see if Baylor Scott and White will allow this company to come and establish their product here in our treatment room and offer it to interested patients,” Bhat said. “It works in most cases and helps preserve hair during chemo but is somewhat uncomfortable and very expensive if paying out of pocket.”
Bhat said the representative she spoke with mentioned insurance may begin reimbursing patients who opt to pursue cold capping soon.
Of the companies providing cold cap treatments, Reese selected Penguin Cold Caps because of their reported success rate.
“I decided it was a good idea for me,” Reese said. “If I didn’t look sick, I could live a normal life, I didn’t want my kids to see me without hair.”
Despite protests from people who claimed it was vain for Reese to try to keep her hair, she said trying to look healthy isn’t vain.
“It helped me to keep a positive outlook,” Reese said. “And I think that’s really important when it comes to fighting any disease or anything negative that comes your way. It helped to still look like myself when I looked in the mirror.”
Reese wore the Penguin Cold Cap for about 8 hours each day of her four treatments, alternating it out every half-hour to maintain the temperature of 35 degrees Celsius.
“You don’t want your head to warm up while the Chemo is flowing through your body,” Reese said. “It is FDA approved, and it doesn’t interfere with the effectiveness of the chemotherapy.”
When she was not wearing the caps, Reese said they rotated through a cooler, in layers of dry ice to maintain the required temperature.
“It is very cold, and it does hurt a little bit, but you get used to it,” Reese said. “I would call it difficult, but doable — and 100 percent worth it.”
Reese’s surgery was on Dec. 23. She had chemotherapy treatments for three months beginning Jan. 31. Radiation started May 11.
“I had to put my singing on hold while I was in treatment — I didn’t have the energy to get up there and sing,” Reese said. “I kinda thought, ‘what if my music ministry is over.’”
Reese said she realized even if she could not sing, she could have several, developing callings and purposes that change from time to time.
“Just because right now I can’t get up on stage and minister through music, it doesn’t mean that God can’t use me in other ways,” Reese said. “I feel like spreading the word that you can save your hair through chemotherapy has been such a light in a lot of darkness.”
Reese said being able to maintain her hair has helped keep her recovery on track.
Although she has not been able to perform much in the past year, Reese said she was encouraged by her nomination as the Inspirational Country Music Association vocalist of the year. On May 19, Reese bought a new guitar.
“I feel like I have been renewed,” Reese said. “I’m ready to get out there and sing. I have a new purpose in singing and ministering, and I’m ready to get out there and share my story and encourage other people who may be in a bad place or going through difficulty.”
Reese said she feels closer to God having gone through this situation, and has grown in faith, hope and peace.
“Everything has just changed since this happened,” Reese said. “And I feel like I’ll be able to get back into music soon and have a lot more to bring to the table, really. I have never felt more alive than I do now.”
Staring at the possibility of not surviving gave Reese a new outlook on life.
“It has caused me to try to appreciate every moment and live every moment,” Reese said. “And live less stressed and focused more on God and family and not putting things off. Letting some of the little things go.”
Reese said she hopes her story will inspire others in the community to realize the importance of conducting self-examinations and maintaining routine preventative care to help detect cancer early.
Before her diagnosis, Reese said she always thought to herself, “This could never happen to me. Oh, I’ll be fine.”
Reese is grateful that she conducted the self-examination, and that she followed up right away.
“It can happen to anyone,” Reese said. “If it does, it is just so important to catch it early. Putting off does nothing but create more problems.” | https://www.tdtnews.com/life/article_614f50a4-0f48-11ed-8573-673ef3a2ed33.html | 2022-07-31T08:01:14Z |
Best deals from other retailers on Prime Day
Well, Prime Day is officially here. Everything you’ve ever wanted is probably on sale over these next two days. However, the secret way to save the most money on this event might be not shopping on Amazon.
Since people are ready to spend money, other retailers take advantage and offer deep discounts of their own. Sure, if you want a Fire TV device, you should shop on Amazon. However, you’ll get a better deal on an Under Armour backpack by shopping at the company’s website. These 16 retailers also have great deals on Prime Day.
16 other retailers with great deals right now
Best Buy
Best Buy is the one-stop to shop for appliances, gadgets, tech and more. Currently, the store is holding its massive Black Friday in July sale. Since it ends Wednesday, you have to be quick to get deals like Beats by Dr. Dre headphones for just $179.99 (regularly $349.99). Purchase also includes six free months of Apple Music.
Walmart
Believe it or not, Walmart began as a small discount retailer. By creating a casual shopping experience and allowing customers to shop anytime and anywhere, the company has been able to grow to offer not only a wide selection, but some incredible deals — especially right now. Today, you can get a curved Acer HD monitor for just $109 (regularly $299.99).
Wayfair
Wayfair is a company that specializes in home products. It offers the customer a vast selection of items that allows them to design the space they crave. Currently, the store is in the midst of its 20th Anniversary Save-A-Thon, where you can get incredibly deep discounts such as the Deltana Floral Indoor/Outdoor Area Rug for 70% off.
HP
HP is more than just printers and ink. The company offers everything you need for your tech and computing needs. During the Black Friday in July sales event, you can find remarkable savings, such as $700 off on the Omen 30L Desktop Computer.
Adidas
If athletic gear is your thing, Adidas is a smart retailer to shop. Right now, the company is having a clothing, shoes and accessories sale that offers popular items at up to 50% off. For example, these Adidas by Stella McCartney UltraBoost 21 shoes are just $138 (regularly $230). This product is only available at Adidas.
Backcountry
Backcountry is an outdoor outfitter for active individuals. The company stocks top-of-the-line apparel for all seasons. Currently, you can take advantage of the Backcountry Flash Sale, a 48-hour event that offers deep discounts. These women’s On The Go 2.0 Pants are available for 55% off.
Dick’s Sporting Goods
Dick’s is the first name in sporting goods. Anything you need from workout apparel to high-end sports gear can be found here. If you like to hit it hard with an intense workout, the Calia Women’s Go All Out crossback high-support sports bra is just $15.96 (regularly $50).
Home Depot
While Home Depot doesn’t technically have a competing event occurring right now, there are a number of products you can get on sale. For instance, if you require essential tools, this drill/driver combo from DeWalt is 47% off.
KitchenAid
KitchenAid has been a trusted name in home appliances for over 100 years. During the company’s Summer Savings event, you can get $170 off select stand mixers, such as the Professional 5 Plus Series Five-Quart Bowl-Lift Stand Mixer.
Nectar
While many sales events only offer shallow savings because the store needs to make a profit, clearance sales don’t have such restrictions. Products are offered at drastically reduced prices because the company needs to move the merchandise. If you’ve been looking for an adjustable bed frame, this model was $1,349. However, on clearance, you can get it today for just $399.
Nike
For Nike, being the ultimate sports footwear company wasn’t enough — this summer, they had to have a sale as impressive as the brand. During Nike’s Ultimate Sale, you can find deep discounts, including 41% off a pair of Nike React Infinity Run Flyknit 2 Premium women’s road running shoes.
PetSmart
Humans shouldn’t be the only creatures who enjoy sales. If you have a pet, PetSmart might be where you want to spend your summer sales dollars. The Arcadia Trail Elevated Canopy Cot is a luxury hangout for your dog, and right now, you can own it for just $49.99 (regularly $99.99).
Staples
Staples is going all out to get your business this Prime Day. With kids going back to school in a little over a month, the popular office supply store is offering discounts that are rarely seen. Many school supplies are marked down ridiculously low, up to 75%. For example, you can get an assortment of one dozen Crayola markers for just 99 cents.
Under Armour
Not even Prime Day can touch some of the discounts currently available on Under Armour’s website. For instance, the company’s UA Recruit 3.0 Backpack, a rugged, element-battling option, is typically $65. Today, however, you can purchase this premium bag for just $24.97.
Sur La Table
If you’re unfamiliar, Sur La Table is a company that believes that one of the most important things we can do is to make and share food. This is because the table is a place for talking, listening and being together. To get in on the action happening over Prime Day, Sur La Table is having a 48-hour Flash Sale where you can get coveted appliances, such as the Breville Juice Fountain Cold Plus, for just $223.96 (regularly $419.95).
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Allen Foster 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/br/home-br/decor-br/while-amazon-kicks-off-prime-day-these-15-other-retailers-also-have-deals/ | 2022-07-13T21:07:25Z |
(The Hill) – Comedian and former “Daily Show” host Jon Stewart slammed Republican senators Thursday after they blocked the passage of a bill that would expand health care coverage for veterans exposed to burn pits and other toxins during their service.
Speaking to a gaggle of reporters in Washington, D.C., Stewart said that veterans made the trek to the nation’s capital to see the legislation get passed.
“Yeah, just it’s — it just makes the gut punch that much more devastating is that these people all came down here so that they could finally tell the men,” Stewart said, becoming visibly emotional. “Their constituents are dying.”
All 50 Democrats and eight Republicans voted for the Sgt. 1st Class Heath Robinson Honoring Our PACT Act. However, the bill fell short of the 60 votes needed in the Senate to overcome the legislative filibuster.
Sen. Pat Toomey (R-Pa.) claimed that the bill would create $400 billion in discretionary spending, labeling it a “budgetary gimmick.”
Sen. Jon Tester (D-Mont.) hit back at Toomey, claiming that the Republican had an issue with spending money on veterans.
“If you have the guts to send somebody to war, then you better have the guts to take care of them when they get home,” Tester said.
The House passed the PACT Act earlier this month after the Senate initially passed it 84-14. The bill would add close to two dozen burn pit exposure conditions to the Department of Veterans Affairs database, and expand the coverage for 9/11 victims exposed to the pits. It would also expand care for veterans exposed to Agent Orange during service outside Vietnam.
Stewart, who has previously advocated for 9/11 first responders, said the GOP blocking the bill was a “disgrace.”
“We’re gonna get it done. … You don’t tell their cancer to take a recess, tell their cancer to stay home and go visit their families. This disgrace, if this is America first, America is f—–,” he concluded before walking away. | https://cw33.com/news/nexstar-media-wire/jon-stewart-blasts-gop-for-blocking-burn-pits-bill-their-constituents-are-dying/ | 2022-07-28T22:40:10Z |
Scattered showers on and off, all day before a midweek pattern shift
SARASOTA, Fla. (WWSB) - The pattern shift to a southwest wind will continue today. This wind direction tends to favor hit and miss, scattered showers that pop up almost any time. These will generally be light and fast-moving storms that will start and end in short order. The pattern will be similar tomorrow as well, however, some drier air moving in will reduce the number of showers.
The pattern shifts again on Wednesday as high pressure lifts north and our winds return to a more summertime traditional east wind. The east wind pattern helps push the Atlantic sea breeze into the area late in the day. It then smashes into our own west coast sea breeze and thunderstorms build in a typical afternoon and evening summer fashion. This will tend to bump up our rain chance and promote heavier downpours of rain.
The tropics are calm for the next day or two, but the National Hurricane Center is watching a possible scenario where a northern Gulf disturbance could develop tropical characteristics. It is unlikely the system will be a strong one due to its proximity to land. Nevertheless, periods of heavy rain for the northern Gulf coast are possible this week.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/11/scattered-showers-off-all-day-before-midweek-pattern-shift/ | 2022-07-11T11:16:44Z |
NEW YORK, July 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Teladoc Health, Inc. (NYSE: TDOC).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/teladoc-health-inc-loss-submission-form/?id=29613&from=4
The lawsuit seeks to recover losses for shareholders who purchased Teladoc between October 28, 2021 and April 27, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Teladoc Health, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/07/08/tdoc-shareholder-alert-jakubowitz-law-reminds-teladoc-shareholders-lead-plaintiff-deadline-august-5-2022/ | 2022-07-08T11:13:47Z |
RA'ANANA, Israel, July 11, 2022 /PRNewswire/ -- Inspira™ Technologies OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW) (the "Company" or "Inspira Technologies") introduces today the "Liby™" System, an advanced form of life support better known by the medical industry as extracorporeal membrane oxygenation (ECMO), used to treat patients with life-threatening heart and lung failure. The Liby™ System is intended to target the $531million global ECMO market. The Inspira Technologies Liby™ system currently under development, is expected to be submitted to the U.S. Food and Drug Administration (FDA) for approval, during the first half of 2023.
The Inspira Technologies Liby™ system is designed to be a new generation ECMO system, with potential advantages that may improve usability and patient care. The Liby™ system is also expected to be the first system designed for integration with the Company's recently revealed non-invasive HYLA™ blood sensor technology. The addition of the HYLA to patients treated with the Liby™ system, would potentially allow for the real-time and continuous monitoring of patient condition to alert physicians of immediate signs of changes in a patient's clinical condition
The Liby™ system includes several Inspira Technologies developed features and capabilities as well as a new approach to medical device designs, including a large touchscreen and novel colorful graphical representation that increases the visibility, scope and functionality of data displayed to the medical staff. With its small footprint and lightweight characteristics, the Liby™ system is being designed with a rapid style aerospace-grade aluminum structure to be both lightweight and highly durable, and will be equipped with long battery life, a contributing factor to making the Liby™ system suitable for patient mobility within hospitals and for transportation of patients to hospitals in ambulances.
Product Launch
The Liby™ system is expected to be submitted to the FDA for approval during the first half of 2023. Subject to FDA approval, the Liby™ system's expected regulatory pathway is intended to be designated as a Class II 510 (K), meaning it may not require human trials.
Business Model – Recurring Revenue
Similar to the Company's flagship ART™ system, the Liby™ system is being designed to generate recurring revenues based upon consumable sales of its single-use disposable kit, which is an important part of the system's unique design, aimed at reducing setup time and associated medical-care costs.
Dagi Ben-Noon, Inspira™ Technologies' Chief Executive Officer, stated:
"The Liby™ system is intended to target one of three market segments within Inspira Technologies product scope. The Liby™ system is expected to introduce the next generation of ECMO within Intensive Care Units (ICUs), due to its practical advantages, designed to improve durability, patient mobility both within the hospital or via ambulance, and ease of use. I believe that these are important advantages for medical teams within over-crowded ICUs, targeting to improve patient outcomes."
About ECMO Technology
ECMO systems are designed to directly oxygenate and remove carbon dioxide from a patient's blood, replacing the entire lung function by circulating all of the patient's blood (5-7 liters) every minute. As a last resort procedure, it requires the patient to be confined to ICUs and is associated with a high level of medical risks.
Inspira Technologies OXY B.H.N. Ltd.
Inspira Technologies is an innovative medical technology Company in the respiratory treatment arena. The Company has developed a breakthrough Augmented Respiration Technology (ART), designed to rebalance patient oxygen saturation levels. The Company's ART™ technology potentially allows patients to remain awake during treatment while minimizing the need for highly invasive, risky, and costly mechanical ventilation systems that require intubation and medically induced coma. The Company's products have not yet been tested or used in humans and has not been approved by any regulatory entity.
For more information, please visit our corporate website: https://inspira-technologies.com/
Forward-Looking Statement Disclaimer
This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements and their implications are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the potential benefits to be derived from the use of the Liby™ system, once developed, the expected timing of FDA submission for approval, that the Liby™ system is expected to be designated as a Class II 510(K), meaning it may not require human trials, and that the Liby™ system is being designed to generate recurring revenues based upon consumable sales of its single use disposable kit. These forward-looking statements and their implications are based solely on the current expectations of the Company's management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's annual report on Form 20-F for the fiscal year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website, www.sec.gov
For more details:
US Investor Relations
Miri Segal,
MS-IR LLC
+917-607-8654
msegal@ms-ir.com
US Public Relations
Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
IINN@redchip.com
Copyright © 2018-2022 Inspira Technologies OXY B.H.N. LTD., All rights reserved.
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SOURCE Inspira Technologies | https://www.wibw.com/prnewswire/2022/07/11/inspira-technologies-reveals-next-generation-liby-ecmo-an-extracorporeal-membrane-oxygenation-system-targeting-531-million-global-ecmo-market/ | 2022-07-11T14:39:57Z |
The enhanced e-commerce solution from FieldRoutes enables pest control operators to sell services online, connect with new prospects, and profit from unserviceable online leads.
MCKINNEY, Texas, July 14, 2022 /PRNewswire/ -- FieldRoutes, a leading Cloud-based and mobile SaaS provider for field service businesses, is proud to announce the launch of its enhanced e-commerce platform. Currently, FieldRoutes is the only fully-integrated end-to-end e-commerce solution available in the industry. Its Buy Services Online capability—now updated with a more modern user experience—lets pest control customers book and schedule services on the company's website and directly from their Google Business Profile listing. The platform now includes the Affiliate Network, which drives more revenue with leads and sales from other pest control companies when the customer cannot be serviced. Once a sale has been completed, the referring business receives a percentage of the fee the recipient company pays for the new customer. And the referred business gets a new customer they wouldn't otherwise have.
"It's always exciting to launch a new solution to our platform, especially when it adds so much tangible value to our clients," said William Chaney, chief executive officer of FieldRoutes. "Our solutions are built to help our clients grow and scale. The Affiliate Network, which is part of our new enhanced e-commerce platform, does exactly that by providing a clear win-win scenario for all involved. Both companies can profit from opportunities they otherwise wouldn't, and the customer gets the service they're looking for without making multiple phone calls."
Many business owners have and continue to face labor shortages, supply chain interruptions, and high gas prices that can impact their bottom line, especially in today's difficult economic climate. FieldRoutes' enhanced e-commerce platform was designed to help pest control owners capture additional growth opportunities with its Buy Services Online functionality, and its new simplified and modern customer experience has resulted in improved conversion rates. In fact, from January to May 2022, FieldRoutes customers using the e-commerce platform saw a 2X increase in conversion rates.
"The Affiliate Network helps pest control companies of all sizes capitalize on our individual marketing efforts to benefit each other," said Trevor Jones, General Manager at Admiral Pest Control. "In fact, we've nearly doubled our web store conversion rate since we started using this latest version of the e-commerce solution with the Affiliate Network. We appreciate FieldRoutes building these tools to help us reach new customers."
The company recently commissioned Lucid to conduct an independent research study to gain a better understanding of the consumer pest control market and found that the first step for a vast majority of those searching for pest control service is to perform an online search. This research revealed that 88% of homeowners and renters who purchased pest control services in the past 12 months said they are likely to purchase services online in the future. This indicates an opportunity for pest control operators to take advantage of e-commerce solutions—like the ones provided by FieldRoutes.
The research also revealed that 93% of respondents said they would be likely to look into the options, and 86% indicated they were likely to purchase services, when presented with a hypothetical scenario where they were redirected from a provider outside their service area to a company that could deliver the needed services.
"As more and more pest control customers go online to conduct research and book appointments, pest control companies must adapt to support their shopping preferences," continued Chaney. "Companies who get ahead of the curve now are poised to capture market share from those who wait, and our FieldRoutes' Buy Services Online and Affiliate Network solutions are here to help them take advantage of this trend."
Those interested in reading the 2021 Consumer Pest Control Purchasing Report presented by FieldRoutes can download the full, free report here.
Those interested in learning more about FieldRoutes, their e-commerce solution, and the Affiliate Network may call 972.526.7868 or visit FieldRoutes.com/affiliate-network to schedule a demo.
FieldRoutes, a ServiceTitan company, is a cloud-based and mobile SaaS provider for field service businesses. FieldRoutes' platform automates many aspects of field service operations for enterprise and small business customers with office management, advanced route optimization, payment processing, digital sales, marketing, and customer acquisition capabilities. Contractors across the country rely on FieldRoutes to provide them with data-driven insights to become more efficient and drive revenue to their business, so they can grow quickly, scale intelligently and serve their customers relentlessly. In 2018 PestRoutes and Lobster Marketing joined together, and in 2021 unified under one brand, FieldRoutes.
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SOURCE FieldRoutes | https://www.wibw.com/prnewswire/2022/07/14/fieldroutes-delivers-enhanced-e-commerce-capabilities-adds-affiliate-network-accelerate-growth-busy-pest-control-operators/ | 2022-07-14T13:04:02Z |
RANCHO CUCAMONGA, Calif., May 27, 2022 /PRNewswire/ -- SAC Health, the nation's largest specialty-based and teaching Federally Qualified Health Center (FQHC), received Inland Empire Health Plan's (IEHP) Mission INSPIRE Award this month at the health plan's second Annual Mission Conference. The award recognized SAC Health's ongoing support and service to residents in Riverside and San Bernardino counties.
SAC Health's roots reach back as far as the 1960s, which have led to 35 specialties offered today at 10 locations, including a mobile unit that supports more than 144,000 patient visits each year. SAC Health is also one of IEHP's most prominent partners, providing care to more than 50,000 of the Inland Empire's most vulnerable residents and educating future physicians in the region.
In collaboration with SAC Health, new health care clinics were developed in brand new service areas, supporting thousands of residents in Blythe and Barstow. "You can't do this kind of work and truly impact the community and those that need the care without really strong partnerships. It takes a whole community to do that," said Dr. Jason Lohr, CEO of SAC Health. "We are overwhelmed with gratitude and humility to be honored with this award."
SAC Health is one of the first recipients of the IEHP Mission INSPIRE Award. The award honors providers, community organizations and partners for their commitment to the health plan's mission to "heal and inspire the human spirit."
"We are thrilled to honor SAC Health's dedication and determination to consistently do the right thing for our communities and Members," said Jarrod McNaughton, IEHP Chief Executive Officer.
To learn more about the IEHP Mission Conference and how the health plan is charting a collaborative path forward, visit iehp.org.
With a mission to heal and inspire the human spirit, Inland Empire Health Plan (IEHP) is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. In its 26th year, IEHP is supporting more than 1.5 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plans and has a growing network of over 7,800 providers and nearly 2,500 Team Members. Through dynamic partnerships with Providers and Community Organizations, paired with award-winning service and a tradition of quality care, IEHP is fully committed to their vision: We will not rest until our communities enjoy optimal care and vibrant health. For more information, visit iehp.org.
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SOURCE Inland Empire Health Plan (IEHP) | https://www.mysuncoast.com/prnewswire/2022/05/27/sac-health-receives-iehps-mission-inspire-award/ | 2022-05-27T16:46:59Z |
PARIS (AP) — New wildfires raging in southwestern France have torn through over 1,000 hectares of land and forced the evacuation of residents amid record temperatures for September.
Fires that began to rage Monday caused the evacuation of over 500 people in the Gironde region, as a smaller blaze burned south of Bordeaux, near Dax, where temperatures reached 39C (102F).
Strong winds hampered the efforts of hundreds of firefighters, who struggled to extinguish the flames throughout the night into Tuesday with little success. The fires are still uncontained.
Two Canadair aircraft specialized in firefighting — that already saw considerable work over the hot summer months in southern France — have been deployed to help, alongside helicopters and a Dash plane.
French weather agency Meteo France announced Monday it had recorded record temperatures for the month of September — especially in the southwest due to a heatwave rising up from Morocco. Mercury hit 39.1 degrees Celsius (102.4 degrees Fahrenheit) in the southwestern Landes region. | https://cw33.com/news/international/ap-international/ap-new-wildfires-hit-southwestern-france-amid-record-heat/ | 2022-09-13T15:28:18Z |
Nation's premier remote worker recruitment program now accepting applications for three communities, offering $12,000 cash and free outdoor recreation
LEWISBURG, W.Va., June 14, 2022 /PRNewswire/ -- Ascend West Virginia, the nation's premier talent attraction and retention program, today announced its second class has begun the move to the Greenbrier Valley. Founded by West Virginia native Brad D. Smith and his wife Alys, Ascend WV will provide these pioneers more than $20,000 in incentives–and a path to "Almost Heaven."
The program, which began in April 2021, is quickly ramping up its recruitment efforts. Ascend WV also today announced application openings for all three program locations: Morgantown Area, Greenbrier Valley and the Eastern Panhandle.
"What an incredible day for West Virginia as we gear up to welcome these new men, women and their families to the charming Greenbrier Valley region," said Brad D. Smith, Co-Founder of the Wing 2 Wing Foundation and President of Marshall University. "As a native West Virginian whose career has once taken me away and now led me back to my home state, I couldn't be more proud of the work we've done to allow so many talented individuals the opportunity to work from the beautiful mountains of West Virginia."
"We founded this program based on three principles: community, purpose and the outdoors. We've been blown away by the first class that moved to Morgantown last year. They've settled in and become true community members who now share in our passion and love for West Virginia. It's been great getting to know the first class, and I can't wait to start getting to know the Greenbrier Valley's newest residents," said Co-Founder Alys Smith.
Ascend WV's second class has a diverse background and will bring a wide array of talents to their new community. Though their work spans industries ranging from consulting to advertising to computer systems design, and they all share a love for the great outdoors.
More than 3,600 – just about the number of residents in Lewisburg – applied to make the move to the Greenbrier Valley. The 33 selected hail from as far away as California and from 19 different U.S. states. Each bringing a depth of education and professional experience, the average annual income of those selected is approximately $125,000. Many of the new West Virginians are bringing their families along with them; a total of more than 60 people will relocate to the Greenbrier Valley area when the class makes its move.
"All eyes are on West Virginia, and this program shows that our hard work is paying off. West Virginia is quickly becoming a sought-after place to start a business, live in paradise and raise a family. Cathy and I would like to be among the first to welcome these new residents to Almost Heaven, West Virginia," said Gov. Jim Justice.
Among those choosing the modern mountain lifestyle found in West Virginia is Ben Isenberg, who is coming to West Virginia from Maryland. Ben, a serial entrepreneur and owner of Symmetry Agency, was one of the first to arrive in the Greenbrier Valley with his family, closing on a home just 30 days after receiving his spot.
"Throughout the COVID-19 pandemic, my family and I set out to travel across the United States to stretch our legs and experience nature. We traveled, camped and explored national parks across the country in search of a place that would feel like our forever home. As new West Virginia residents, I am proud to say that we have found just that and more in the Greenbrier Valley of West Virginia."
Also joining the class will be Andrew Neely, a native West Virginian. Neely, whose career in the Air Force once took him away from his home state, says it's a dream to return home. Neely is a modern-day Rocket Boy, recently working with NASA on the Artemis Project assisting in procurement & contracts and in his most recent role as a Senior Contracts Manager with Primer AI, a San Francisco based Artificial Intelligence company.
"As a graduate of Greenbrier East High School, it feels like a dream come true to return home, said Neely. "I'm an avid fisherman, paddler and biker, so West Virginia makes complete sense as the place for me to put down roots. My dog, Darwin, is already loving the miles of trails and wide-open space he has to roam."
Even if they weren't selected for the inaugural Greenbrier Valley class, all Ascend WV applicants received some good news from the Ascend team: on average applicants will receive $3,500 in mortgage assistance if they move to West Virginia. This offer, provided by Ascend WV in partnership with Rocket Mortgage, is available to all who applied to the program earlier this year. See website for pricing details.
"One of the most exciting parts of this program has been watching an incredible amount of interest for West Virginia build across the nation and around the world. By partnering with Rocket Mortgage, we've not had to tell a single one of our 10,000+ applicants 'no.' Thanks to our partnership with Rocket Mortgage, every person who applies to the program gets an invitation to call the Mountain State home. The best news of all? We are starting to see those moves happen as well," said Brad D. Smith.
Ascend WV's acceptance rate for this second class was less than 1%, so applicants were also encouraged to resubmit their application for subsequent classes and/or other locations.
The Ascend WV program was made possible by a $25 million gift to West Virginia University's Brad and Alys Smith Outdoor Economic Development Collaborative from former Intuit executive chairman and current Marshall University President Brad D. Smith and his wife, Alys. Together with Governor Justice and his departments of Tourism and Economic Development, the collective team developed the only program in the country that focuses on outdoor recreation opportunities for talent recruitment and attraction.
"Ascend WV reflects the entrepreneurial-led approach our university has taken to drive economic development as part of our land-grant mission," West Virginia University President Gordon Gee said. "I have enjoyed meeting members of the Morgantown cohort who came home to West Virginia or decided to make this their home, and I am excited to see this wildly successful program expand in other communities across the state."
To help participants experience West Virginia's extraordinary landscapes, roaring rivers and vibrant small towns, the program includes these incentives:
- Cash: $12,000 cash relocation incentive, paid in installments over a 2-year period.
- Free Outdoor Recreation: One year of free outdoor recreation valued at more than $2,500. The package encourages a healthy work-life balance filled with hiking, ATV riding, ziplining, rafting, rock climbing, golfing, skiing, and more.
- Free coworking space: Remote workers will have modern facilities to stay connected and access to more than $1,200 in free outdoor gear rentals.
- Professional advancement: The ability to earn remote work certifications through West Virginia University and access to the John Chambers College of Business and Economics entrepreneurship ecosystem.
- Networking: Access to state business leaders through special events and guided excursions to experience West Virginia's abundant outdoor recreation assets.
The program will welcome more than 1,000 remote workers to the state over the next five years.
"We are beyond excited to welcome our newest West Virginia residents to the Greenbrier Valley," said Danny Twilley, AVP for Economic, Community, and Asset Development at West Virginia University. "When you combine vibrant communities with the growing outdoor recreation amenities you create an unparalleled quality of life as the Mountain State becomes the premier location to live, work, and play."
As Ascend West Virginia welcomes remote workers to the Greenbrier Valley, it is now accepting applications for upcoming classes in the Morgantown Area, Eastern Panhandle and Greenbrier Valley.
"The success of this program is a testament to the national interest and excitement around West Virginia as a state on the rise," said Chelsea Ruby, Secretary of the West Virginia Department of Tourism. "Our mountain towns are ready to welcome new residents, and we invite everyone to find the vibrant community that fits your needs and apply for a chance to be a part of one of our next classes."
The Ascend WV program spans three regions of the state, each of which offer a unique setting to appeal to remote workers:
- Greenbrier Valley: Laid-back living just 40 minutes from America's newest national park–the New River Gorge Park & Preserve–and home to 203 mountain bike trails, 2,280+ climbing routes and 138 paddling runs.
- Morgantown Area: Lively college town brimming with culture, innovation and plenty of space to roam–boasting 100 paddling runs, 1,400 climbing routes and nearly 200 mountain bike trails.
- Eastern Panhandle: Historic small towns with great proximity to the nation's capital–elevated with bustling arts and culture, new development and hearty adventure along the Appalachian Trail.
Click here to learn more and begin your ascent. To view photos and access the media kit, click here.
Ascend WV is more than a remote work program – it is a vision of a better way of living in a place that gives you more than it takes back. Through Ascend WV, the nation's remote workers can build a new life in the mountain towns of West Virginia. With incredible incentives like $12,000 and a year of free outdoor recreation with access to complimentary gear rentals, the Ascend WV offer is one that cannot be matched. Ascend WV was made possible by a $25 million gift to West Virginia University's Brad and Alys Smith Outdoor Economic Development Collaborative (Smith OEDC). From there, the Smith OEDC collaborated with partners from around the state to help remote workers from around the country rise to new heights: Governor Jim Justice, West Virginia Department of Tourism, West Virginia Department of Economic Development, West Virginia University, and more.
Contact:
Lauren Hough
Public Relations Manager, West Virginia Department of Tourism
Lauren.Hough@wv.gov
Andrea Larson
PR Account Supervisor, BVK
andrea.larson@bvk.com
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SOURCE The West Virginia Department of Tourism | https://www.kxii.com/prnewswire/2022/06/14/ascend-west-virginia-announces-second-class-remote-workers/ | 2022-06-14T18:52:29Z |
Female CEO’s pay rose 26% in 2021, but ranks remain small
By MAE ANDERSON
AP Business Writer
NEW YORK (AP) — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared. Median pay for the women occupying the corner office rose 26% to nearly $16 million, according to the annual survey done by Equilar for The Associated Press. Still, experts say there’s much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women. Of the 340 CEOs in the latest survey of S&P 500 companies, 18 were women, up from 16 in 2020. | https://localnews8.com/news/2022/05/26/female-ceos-pay-rose-26-in-2021-but-ranks-remain-small-2/ | 2022-05-26T14:31:02Z |
Ukraine nuclear plant shuts down after outside power restored
KYIV, Ukraine (AP) - Ukraine’s atomic power operator said Sunday that the last reactor at Europe’s largest nuclear power plant has been shut down after the plant was reconnected to the electricity grid.
The six-reactor Zaporizhzhia plant was disconnected from the grid last week after all its power lines were disconnected as a result of fighting in the area, and was operating in “island mode” for several days, generating electricity for crucial cooling systems from its only remaining reactor in operation.
Nuclear operator Energoatom said that one of the power lines was restored late Saturday, allowing plant operators to shut down the last reactor.
The company said the risk remains high that outside power is cut again, in which case the plant would have to fire up emergency diesel generators to keep the reactors cool and prevent a nuclear meltdown. The company’s chief told The Associated Press on Thursday that the plant only has diesel fuel for 10 days.
The plant, one of the 10 biggest atomic power stations in the world, has been occupied by Russian forces since the early stages of the war. Ukraine and Russia have blamed each other for shelling around the plant that has damaged the power lines connecting it to the grid.
In a statement early Sunday, Energoatom urged Russian forces to leave the Zaporizhzhia plant and allow for the creation of a “demilitarized zone” around it.
The International Atomic Energy Agency, the United Nations nuclear watchdog which has two experts at the plant, didn’t immediately respond to a request for comment Sunday. Its director has called for a safe zone around the plant to avert a disaster.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/11/ukraine-nuclear-plant-shuts-down-after-outside-power-restored/ | 2022-09-11T06:52:48Z |
- Results from the clinical development programme developed with Protalix BioTherapeutics evaluating pegunigalsidase alfa (PRX-102) an investigational enzyme replacement therapy (ERT), support its potential as a treatment option for adult patients with Fabry disease.
- SPARKLE registry, Europe's first registry dedicated to collecting real-world evidence in patients with Alpha Mannosidosis, has enrolled more than 50 patients across Europe.
- Chiesi is sponsoring a satellite symposium, "What matters most? Improving care in LSDs," led by Maurizio Scarpa, M.D., Ph.D., Director of the Regional Reference Centre for Rare Diseases at Udine University Hospital, Italy.
FREIBURG, Germany, Sept. 2, 2022 /PRNewswire/ -- Chiesi Global Rare Diseases, a business unit of Chiesi Farmaceutici S.p.A., an international research focused healthcare Group (Chiesi Group), today announced multiple presentations focused on the research and treatment of lysosomal storage diseases (LSDs) at the Society for the Study of Inborn Errors of Metabolism (SSIEM) Annual Symposium being held in Freiburg, Germany 30 August – 2 September, 2022.
The company's presentations include five abstracts with data from a robust clinical development programme evaluating pegunigalsidase alfa (PRX-102), an investigational enzyme replacement therapy (ERT) for the treatment of Fabry disease. The company is also presenting two abstracts dedicated to Alpha Mannosidosis, including updates from Europe's first patient registry for this ultra-rare disease. Finally, the company is sponsoring a satellite symposium, "What matters most? Improving care in LSDs," that is being led by Maurizio Scarpa, M.D., Ph.D., Director of the Regional Reference Centre for Rare Diseases at Udine University Hospital, Italy.
"The multidisciplinary approach and the doctor-patient dialogue play a crucial role in providing the most appropriate and personalised therapeutic solutions in LSDs," said Prof. Scarpa. "Patients with lysosomal storage diseases, even within the same diagnosis, are very heterogeneous and can live with completely different conditions from each other. This is why fostering constant communication between patient and doctor is one of the best ways to understand which symptoms are most impactful and burdensome for patients, or to implement a more holistic approach that includes the management of associated conditions, such as psychological well-being and impaired mobility. Only in this way we will be able to work with ever greater specificity in order to achieve more incisive results in terms of improving the quality of life and well-being of people with lysosomal storage diseases."
Today, some 350 million people are living with a rare disease. There are more than 7,000 known rare diseases1, but only five percent currently have an approved treatment or an experimental therapy in development. Chiesi Global Rare Diseases was established in 2020 to bring innovative solutions to these patients and support to their caregivers. Drawing maximum synergy from the resources and capabilities of the Chiesi Group and its global network, the business unit develops innovative drugs with the patients' needs first.
The company's symposium at SSIEM 2022 is dedicated to the key role of the patient as a driving force for a personalised and multidisciplinary diagnostic, therapeutic and social approach in the treatment of lysosomal storage diseases. During this symposium, leading international opinion leaders including Dr. Uma Ramaswami, a paediatrician specialised in hereditary metabolic diseases at the Royal Free Hospital in London (UK), Dr. Nathalie Guffon, Head of Reference Centre for Inherited Metabolic Diseases at the Femme Mère Enfant Hospital in Lyon (France), and Dr. Patricio Ricardo da Terra Aguiar, a specialist in hereditary metabolic diseases at Lisbon North Hospital Center (Portugal), will review the importance of patient centricity and listening, how to choose the most appropriate therapy according to specific needs, and how to assess the effects of treatment and adherence to therapy. The event is focused on Fabry disease and Alpha Mannosidosis, the latter being an ultra-rare disease with still limited knowledge available in the scientific literature so far. Chiesi Global Rare Diseases is working together with the scientific community to increase awareness and knowledge of this ultra-rare condition.
"We are constantly working to promote research and development of new products for rare and ultra-rare diseases because we firmly believe that by helping patients and their families, we can play our part in generating a positive impact on society as a whole," said Giacomo Chiesi, Head of Chiesi Global Rare Diseases. "Being able to promote discussion within the scientific community on the importance of the patient centricity first and foremost as a person, makes us proud to be here today. In our DNA we feel a strong desire to be able to bring answers to those needs that are still unmet, as in the case of Fabry disease, and at the same time to cooperate with physician and patient advocacy groups in building together the story of ultra-rare diseases, such as Alpha Mannosidosis, which is still largely unknown."
"Moreover, as a B-Corp certified company, Chiesi is strongly committed to making a tangible contribution to the United Nations Sustainable Development Goals (SDGs), and more specifically in the field of rare diseases, to the goal of achieving health for all at all ages," added Giacomo Chiesi. "Chiesi Global Rare Diseases wants to play its part in achieving this goal by committing on a daily basis to providing patients with safe and effective solutions that improve their quality of life and by making these treatments accessible to those in difficult circumstances or who cannot easily access treatment."
Chiesi is presenting results from the Phase III clinical development programme sponsored by Protalix Ltd., Chiesi's collaboration partner, evaluating PRX-102, including data from the BRIGHT and BALANCE studies. The results of the Phase III BRIGHT2 study indicate that treatment with 2 mg/kg of PRX-102 administered by intravenous infusion every four weeks for 52 weeks was well tolerated and that Fabry disease remained stable throughout the duration of the study. The pivotal Phase III BALANCE3 study, which is an active-control, randomised, double-blind, 24-month study in adult Fabry disease patients with renal function impairment, evaluated the safety and efficacy of 1 mg/kg of PRX-102 administered every two weeks versus agalsidase beta at the same dosing schedule. The study enrolled 78 patients previously treated with agalsidase beta for at least one year and met the predefined criteria of non-inferiority for the primary endpoint of renal function.
Velmanase Alfa, a drug authorised by the EMA in 2018, is the first drug therapy for the treatment of Alpha Mannosidosis, an ultra-rare and severely disabling genetic disease. It is an ERT that aims to replace or supplement natural alpha-mannosidase. Chiesi and the scientific community are working together to build a diagnostic and therapeutic pathway that meets the needs of patients:
The company is presenting for the first time at SSIEM 2022 preliminary data from the SPARKLE registry, the first European registry dedicated to collecting real-world evidence in patients with Alpha Mannosidosis. The registry was developed to gather insights into the natural history of the disease regardless of treatment. The registry has been active since December 2019 and has so far enrolled more than 50 patients in different European countries. The goal is to reach 100 patients in order to be able to build more knowledge on the natural history of the disease, as well as on the impact of long-term enzyme replacement therapy with velmanase alfa.
Furthermore, the company is presenting long-term efficacy data of velmanase alfa for the treatment of alpha-mannosidosis, from the French Etoile Alpha registry. This is the longest clinical experience to date, with data from patients who received velmanase alfa treatment up to a maximum of 9.5 years. The study shows not only significant improvements in biochemical parameters and lung function but also improvements in motor function.
Fabry disease is an X-linked inherited disease that results from deficient activity of the lysosomal α‑Galactosidase‑A enzyme resulting in progressive accumulation of abnormal deposits of a fatty substance called globotriaosylceramide (Gb3) in blood vessel walls throughout a person's body. Fabry disease occurs in one person per 40,000 to 60,000. Fabry patients inherit a deficiency of the α‑Galactosidase‑A enzyme, which is normally responsible for the breakdown of Gb3. The abnormal storage of Gb3 increases with time and, accordingly, Gb3 accumulates, primarily in the blood and in the blood vessel walls. The ultimate consequences of Gb3 deposition range from episodes of pain and impaired peripheral sensation to end-organ failure – particularly of the kidneys, but also of the heart and the cerebrovascular system.
Alpha-mannosidosis is a lysosomal storage disease that belongs more specifically to the subgroup of oligosaccharidoses. It is a hereditary disease, with autosomal recessive transmission, due to a mutation in the gene MAN2B1. This specific genetic defect causes deficiency of the lysosomal alpha-mannosidase enzyme, resulting in harmful and progressive build-up of oligosaccharides (sugars) in cells throughout the body. The manifestations of alpha-mannosidosis vary from patient to patient, but the disease is essentially characterised by immunodeficiency, skeletal abnormalities, facial dysmorphisms, sensorineural deafness and gradual deficits in mental and speech functions. Related motor disorders include muscle weakness, osteo-articular abnormalities and ataxia. Additional symptoms include hydrocephalus, hepatosplenomegaly and eye, kidney and heart problems. Alpha-Mannosidosis affects about one in every 500,000 live births.
Pegunigalsidase alfa (PRX-102) is an investigational, plant cell culture-expressed, and chemically modified stabilized version of the recombinant alpha-galactosidase A enzyme. Protein sub-units are covalently bound via chemical cross-linking using short PEG moieties, resulting in a molecule with unique pharmacokinetic parameters. In clinical studies, PRX-102 has been observed to have a circulatory half-life of approximately 80 hours. Protalix Ltd., Chiesi's collaboration partner, designed PRX-102 to potentially address the continued unmet clinical need in Fabry patients.
The active ingredient velmanase alfa is part of a group of drugs called enzyme replacement therapies and is the first drug therapy for the treatment of alpha-mannosidosis, an ultra-rare and severely disabling genetic disease caused by the absence or malfunction of alpha-mannosidase, an enzyme involved in the cellular breakdown of glycoproteins. Velmanase alfa is a recombinant form of the human alpha-mannosidase enzyme. Velmanase alfa is an investigational drug candidate in the United States. The effectiveness and safety of Velmanase Alfa have not been reviewed or approved by the FDA.
Chiesi Global Rare Diseases is a business unit of the Chiesi Group established in February 2020 and focused on research and development of treatments for rare and ultra-rare disorders. The Global Rare Diseases unit works in collaboration with Chiesi Group to harness the full resources and capabilities of our global network to bring innovative new treatment options to people living with rare diseases, many of whom have limited or no treatments available. The unit is also a dedicated partner with global leaders in patient advocacy, research and patient care. For more information visit www.chiesirarediseases.com.
Chiesi is an international, research-focused biopharmaceuticals group that develops and markets innovative therapeutic solutions in respiratory health, rare diseases, and specialty care. The company's mission is to improve people's quality of life and act responsibly towards both the community and the environment. By changing its legal status to a Benefit Corporation in Italy, the US, and France, Chiesi's commitment to create shared value for society as a whole is legally binding and central to company-wide decision-making. Since 2019, Chiesi is the world's largest biopharmaceutical group to be certified B Corp, meaning that its sustainability efforts are measured and assessed by the most ambitious global standards. The company aims at becoming net-zero by 2035.
With over 85 years of experience, Chiesi is headquartered in Parma (Italy), operates in 30 countries, and counts more than 6,000 employees. The Group's research and development centre in Parma works alongside 6 other important R&D hubs in France, the US, Canada, China, the UK, and Sweden.
For further information please visit www.chiesi.com
1 Osservatoriomalattierare.it
2 https://protalixbiotherapeutics.gcs-web.com/news-releases/news-release-details/protalix-biotherapeutics-and-chiesi-global-rare-diseases-8
3 https://www.chiesi.com/en/protalix-biotherapeutics-and-chiesi-global-rare-diseases-announce-topline-results-from-the-24-month-phase-iii-balance-clinical-trial-of-prx-102-for-the-treatment-of-fabry-disease/
Chiesi Global Rare Diseases Media Contact
Jenna Urban
Berry & Company Public Relations
+1-212-253-8881
jurban@berrypr.com
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SOURCE Chiesi Global Rare Diseases | https://www.wibw.com/prnewswire/2022/09/02/chiesi-global-rare-diseases-announces-presentations-lysosomal-storage-diseases-society-study-inborn-errors-metabolism-annual-symposium/ | 2022-09-02T12:31:41Z |
ISLAMABAD (AP) — Afghanistan’s Taliban rulers on Sunday began enforcing an order requiring all female TV news anchors in the country to cover their faces while on-air. The move is part of a hard-line shift drawing condemnation from rights activists.
After the order was announced Thursday, only a handful of news outlets complied. But on Sunday, most female anchors were seen with their faces covered after the Taliban’s Vice and Virtue Ministry began enforcing the decree.
The Information and Culture Ministry previously announced that the policy was “final and non-negotiable.”
“It is just an outside culture imposed on us forcing us to wear a mask and that can create a problem for us while presenting our programs,” said Sonia Niazi, a TV anchor with TOLOnews.
A local media official confirmed his station had received the order last week but on Sunday it was forced to implement it after being told it was not up for discussion. He spoke on condition he and his station remain anonymous for fear of retribution from Taliban authorities.
During the Taliban’s last time in power in Afghanistan from 1996-2001, they imposed overwhelming restrictions on women, requiring them to wear the all-encompassing burqa and barring them from public life. and education.
After they seized power again in August, the Taliban initially appeared to have moderated somewhat their restrictions, announcing no dress code for women. But in recent weeks, they have made a sharp, hard-line pivot that has confirmed the worst fears of rights activists and further complicated Taliban dealings with an already distrustful international community.
Earlier this month, the Taliban ordered all women in public to wear head-to-toe clothing that leaves only their eyes visible. The decree said women should leave the home only when necessary and that male relatives would face punishment for women’s dress code violations, starting with a summons and escalating to court hearings and jail time.
The Taliban leadership has also barred girls from attending school after the sixth grade, reversing previous promises by Taliban officials that girls of all ages would be allowed an education. | https://cw33.com/news/international/ap-international/taliban-enforcing-face-cover-order-for-female-tv-anchors/ | 2022-05-22T13:21:03Z |
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ampio Pharmaceuticals, Inc..
Shareholders who purchased shares of AMPE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired Ampio common stock between December 29, 2020 and August 3, 2022, inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) defendants had inflated the Company's true ability to successfully file a Biologics License Application ("BLA") for Ampion; (ii) defendants had inflated the results of the AP-013 study and the timing of unblinding the data from the AP-013 study; and (iii) as a result of the foregoing, defendants' statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: October 17, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ampio-pharmaceuticals-inc-loss-submission-form/?id=31103&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AMPE during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 17, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.wibw.com/prnewswire/2022/08/24/shareholder-alert-gross-law-firm-notifies-shareholders-ampio-pharmaceuticals-inc-class-action-lawsuit-lead-plaintiff-deadline-october-17-2022-nyse-ampe/ | 2022-08-24T18:52:16Z |
Motive Energy Powers into the Dallas-Fort Worth Market by Acquiring Texas Industrial Energy
The largest distributor of DEKA industrial batteries and ACT chargers in the United States nabs metroplex exclusive
ANAHEIM, Calif., Aug. 31, 2022 /PRNewswire/ -- Motive Energy, the leading provider of advanced power and energy solutions in the United States, is pleased to announce the acquisition of Texas Industrial Energy (TIE) located in Carrollton, Texas, effective September 1, 2022. The addition expands Motive's wide range of motive power solutions into the Dallas-Fort Worth market.
With the acquisition, Motive Energy becomes the exclusive motive power representative for DEKA and ACT (Advanced Charging Technologies) covering the Dallas-Fort Worth metroplex and surrounding areas. DEKA and ACT have long led the industry in top-quality, energy-efficient solutions for battery manufacturing and charging technologies. The Power Solutions division of Motive Energy is on the cutting edge of end-to-end solutions for the material handling industry and is the country's largest distributor of DEKA industrial batteries, ACT chargers, and ACT's battery management system, ACTIntelligent.
Leading the acquisition efforts were Motive Energy senior team members Tony Capolino, President; Matt Smith, Director of Sales; and Tyson Brosz, Director of Operations. The Texas Industrial Energy addition clinches Motive Energy's prominence as the largest distributor of forklift batteries in the state of Texas.
Tony Capolino, President of Motive Energy, said, "I'm excited that Motive will be able to serve all of Texas now, including Dallas-Fort Worth, which is recognized as one of the top three markets in the International Trucking Association (ITA) data. With over 120 service technicians nationwide we will be able to provide end-to-end power solutions for the market and state."
The new facility in Carrollton, Texas joins Motive's extensive network, extending the company's presence to 14 locations nationwide, including its headquarters in Anaheim and an office in Escondido, California; sites in Phoenix and Tucson, Arizona; Las Vegas, Nevada; Nampa, Idaho; Portland, Oregon; and Auburn and Yakima, Washington. The TIE Carrollton location boosts Motive's locations in Texas to five, including teams already established in Houston, San Antonio, El Paso, and Lubbock — giving Texas a solid footprint in the company's expansion.
Motive's experienced sales and service teams are ready to assist new customers located in the Dallas-Fort Worth metroplex while continuing to service all current clients. Motive Energy provides best-in-class products to the material handling industry including new and used batteries, chargers, watering systems, and battery handling systems. The company has extensive experience with the latest motive power technologies, including lithium-ion batteries. Motive's industry services include battery and charger sales, service and repairs, load testing, comprehensive maintenance programs, Ultra Care & Premium Care, safety assessments, rentals, and battery recycling.
For more than 40 years, Texas Industrial Energy has provided high-quality products and services in the industrial battery and charger market and brings a trusted reputation and valued customer service record to the table. "We are better together than apart," said Jonathan Houston, President of TIE, about the Motive acquisition. "This is a win-win for our current and future customers as we will be able to provide them with better end-to-end solutions."
Motive Energy would like to acknowledge Jimmy Hilton and Pat Montoux and their family for their success. They previously ran Texas Industrial Energy for over 40 years and Motive Energy is thankful for their leadership and customer service. Motive Energy is glad to have Pat Montoux and Jonathan Houston joining the Motive team and continuing to serve our customers.
Established in 1979 in Southern California, Motive Energy (Power Solutions) is a leading provider of advanced power and energy solutions. Driven by the desire to deliver premium quality products, Motive Energy provides all battery, power, renewable energy, and charging solutions for your business. As the largest forklift battery and ACT charger distributor in the United States, Motive Energy delivers high-quality products and sustainable solutions that help customers diversify their fleet in the most efficient, cost-effective manner. No matter where you are on your journey to optimize your fleet or business, Motive Energy has the batteries, energy sources, and charging solutions you need to confidently take the next step into the future. For additional information, visit https://www.motiveenergy.com/power-solutions/.
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SOURCE Motive Energy | https://www.mysuncoast.com/prnewswire/2022/08/31/motive-energy-acquires-texas-industrial-energy/ | 2022-09-01T01:28:12Z |
Atlanta-based Solution Provider Recognized by Security Operations Leader
ATLANTA, June 15, 2022 /PRNewswire/ -- Veristor Systems, Inc., a trusted provider of transformative business technology solutions, today announced it has been named Arctic Wolf's Southeast Regional Partner of the Year for 2022. This honor recognizes the company's commitment to improving its customers' cybersecurity posture through a strategic partnership with Arctic Wolf that focuses on joint business growth and planning, engagement and training, demand generation, and executive and security practice alignment.
"As a strategic partner of Veristor, Arctic Wolf has done a phenomenal job in helping our customers mitigate cyber risks and mature their security programs," said Brian Yost, Director, Cyber Security Strategy, Veristor. "We are honored to be selected as an Arctic Wolf Partner of the Year and look forward to our continued collaboration in the delivery of security operations solutions that help put an end to cyber risk."
Celebrating their fifth year, the Arctic Wolf Partner of the Year Awards honor top-performing partners for their achievements in helping organizations improve their security operations through the use of Arctic Wolf solutions and for their commitment to shared customer success through a partnership with Arctic Wolf.
Veristor offers Arctic Wolf's security operations platform as part of its suite of security solutions that simplify security complexity and defend critical business data from cyberattacks and data breach events. The comprehensive Veristor security and privacy service portfolio helps organizations of all sizes identify and address security and privacy exposures before they become problems so that companies can move beyond being reactive to proactively address risk before it becomes an incident.
"The Arctic Wolf partner community continues to lead the way in embracing security operations and playing a transformative role in the security journey of their customers," said Will Briggs, Vice President of Americas Channels and Program, Arctic Wolf. "Our Partner of the Year Awards recognize and celebrate those partners who share our mission to end cyber risk, and we congratulate the winners on their significant achievements."
Arctic Wolf is a global leader in security operations, who pioneered a cloud-native security operations platform designed to end cyber risk. Built on open XDR architecture, the Arctic Wolf Security Operations Cloud ingests and analyzes more than two trillion security events a week across endpoint, network, and cloud sources to deliver critical security outcomes and optimize an organization's disparate security solutions. Now deployed to more than 2,700 customers worldwide, the Arctic Wolf Platform delivers automated threat detection and response at scale and empowers organizations of virtually any size to establish security operations with the push of a button.
- For more information about Veristor, visit www.veristor.com
- For more information about Arctic Wolf, please visit www.arcticwolf.com.
Veristor, which recently announced a merger with Anexinet, is a leading provider of transformative business technology solutions that helps its customers accelerate the time-to-value for the software, infrastructure and systems they deploy. We do this by harnessing deep expertise in today's most advanced data center, security, networking, hybrid cloud, and big data technologies and guiding businesses to the right solutions for their most pressing challenges. And with a full suite of design, deployment, support, and managed service offerings, we work shoulder-to-shoulder with our customers at every step of their technology journey to make technology truly work for them. IT's just who we are. Learn more at veristor.com.
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SOURCE Veristor Systems, Inc. | https://www.kxii.com/prnewswire/2022/06/15/veristor-named-2022-southeast-regional-partner-year-by-arctic-wolf/ | 2022-06-15T19:17:53Z |
NEW YORK, July 15, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Waste Management, Inc. (NYSE: WM) redeemable senior notes (the "Notes") between February 13, 2020 and June 23, 2020, inclusive (the "Class Period"), including the following senior redeemable notes issued by WM in May 2019: (i) 2.95% Senior Notes due 2024; (ii) 3.20% Senior Notes due 2026; (iii) 3.45% Senior Notes due 2029; and (iv) 4.00% Senior Notes due 2039, of the important August 8, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Waste Management Notes during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Waste Management class action, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 8, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: The complaint filed in this class action alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million Antitrust Revenue Threshold; (2) as a result, the merger would not be completed by the End Date; and (3) the Notes would be subject to mandatory redemption at 101% of par. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Waste Management class action, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
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www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/07/15/rosen-top-ranked-firm-encourages-waste-management-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-wm/ | 2022-07-15T19:39:17Z |
Charles has become Britain's new King following the death of his mother, Queen Elizabeth II, at the age of 96.
The Queen became the sixth female to ascend to the British throne in February 1952, after the death of her father, King George VI. She was the longest-reigning monarch in British history, serving for more than 70 years.
Charles, the Queen's eldest son, immediately ascended to the throne as King, putting his elder son, William, first in line for the throne.
Here's what we know about the British royal family's line of succession.
King Charles III
Born: November 14, 1948
What to know: Charles was the longest serving British monarch-in-waiting; he was the heir apparent since the age of three.
President of The Prince's Trust and the Royal Shakespeare Company, and president or patron of more than 400 charitable organizations, Charles was the first royal heir to earn a university degree.
More key relatives: Diana, Princess of Wales, to whom he was married from 1981 to 1996. They had two children together: Princes William and Harry.
Diana died in 1997 following a car accident in Paris, along with boyfriend Dodi Fayed and driver Henri Paul.
In 2005, Charles married Camilla, the Duchess of Cornwall.
Prince William, Duke of Cornwall
Born: June 21, 1982
What to know: William, Duke of Cornwall is first in line to the throne. He has achieved the highest educational degree -- Master of Arts -- of any member of the royal family. He served in the military from 2006 to 2013, participating in more than 150 helicopter search and rescue operations.
More key relatives: Catherine, Duchess of Cornwall, whom he married in 2011. The couple have three children together: Prince George, 9; Princess Charlotte, 7; and Prince Louis, 4.
The family live in Adelaide Cottage, a four-bedroom property in the grounds of Windsor Castle, Berkshire, about 25 miles from London. Their London residence, Kensington Palace, will remain the family's principal residence, however, a royal source told CNN in August.
Prince George
Born: July 22, 2013
What to know: If all goes as planned and he becomes king after the reigns of his grandfather Prince Charles and his father Prince William, George -- now second in line -- will be the 43rd monarch since William the Conqueror.
But for now, he's still brushing up on his education: George currently attends Lambrook School near Windsor along with his younger sister, Princess Charlotte and his younger brother, Prince Louis.
Princess Charlotte
Born: May 2, 2015
What to know: Third in line to the throne, Princess Charlotte was born into a more equitable era: In 2011, the British monarchy abolished a rule that gave preference to male heirs over their sisters in the line of succession.
Prince Louis
Born: April 23, 2018
What to know: Prince Louis, fourth in line to the throne, arrived during a busy season for the royal family; he was born just weeks before the 2018 wedding of Prince Harry and Meghan.
As is tradition, a golden easel bearing a framed notice announcing the birth was placed on display in front of Buckingham Palace that afternoon. The practice of posting a bulletin on the occasion of a royal birth goes back to at least 1837, when Buckingham Palace became the British monarch's official residence.
Prince Harry, Duke of Sussex
Born: September 15, 1984
What to know: Fifth in line to the throne, Prince Harry also trained in the military. In 2008, the British Ministry of Defense announced that Harry had secretly been serving in Afghanistan with his Army unit on a four-month mission since December 2007.
He was quickly withdrawn for security reasons, but later returned as an Apache helicopter pilot in 2012. In 2015, after nearly a decade of service, he announced he was leaving the armed forces.
The Duke of Sussex is also the founder of the Invictus Games, an international sporting competition for injured servicemen and women. The first games were held in London in 2014.
More key relatives: Meghan, Duchess of Sussex, whom he married in 2018. The couple welcomed their first child, son Archie Harrison Mountbatten-Windsor, in May 2019. Their daughter, Lilibet "Lili" Diana Mountbatten-Windsor was born in June 2021.
In early 2020, the pair announced that they were stepping back from their roles as senior members of the British royal family. They now live in the US.
Archie Harrison Mountbatten-Windsor
Born: May 6, 2019
What to know: In a significant milestone across the Commonwealth and within British society, baby Archie made history by becoming the first biracial British child in the royal family.
When he was born -- at which point he became seventh in line -- he didn't immediately qualify for the title of prince, and Buckingham Palace told CNN at the time that his parents, the Duke and Duchess of Sussex, had chosen not to use any title at all for their son.
Now Charles has become King, Prince Harry's son -- who is now sixth in line -- will be eligible to become His Royal Highness Prince Archie Harrison Mountbatten-Windsor.
Lilibet 'Lili' Diana Mountbatten-Windsor
Born: June 4, 2021
What to know: Lilibet "Lili" Diana Mountbatten-Windsor was born in Santa Barbara, California, in June 2021 following the decision of her parents, Harry and Meghan, to step back from royal life in the UK and move to the US.
Her unusual name is a tribute to her great-grandmother, the Queen -- Lilibet was her family nickname. Baby Lili's middle name, Diana, "was chosen to honor her beloved late grandmother, The Princess of Wales," the Duke and Duchess of Sussex announced in a statement.
Seventh in line to the throne, the Queen's 11th great-grandchild is the most senior royal in the line of succession to have been born overseas.
Prince Andrew, Duke of York
Born: February 19, 1960
What to know: Prince Andrew is the third of the Queen's four children, and eighth in line to the British throne. He served in the British Royal Navy for 22 years and was a helicopter pilot during the Falklands War.
In 2019, the Prince announced that he was going to step back from public duties after a controversial interview in which he denied allegations that he had sex with an underaged woman who said she had been trafficked by sex offender Jeffrey Epstein.
Andrew, who has been under intense scrutiny for his decades-long friendship with Epstein, said in a statement announcing his decision that the association became "a major disruption to my family's work and the valuable work going on in the many organizations and charities that I am proud to support."
While he's still a prince, Andrew no longer has an official role.
More key relatives: Sarah Ferguson, the Duchess of York, whom Andrew married in 1986.
Sarah and Andrew had two children together -- Princess Beatrice and Princess Eugenie -- before a high-profile divorce in 1996.
Princess Beatrice
Born: August 8, 1988
What to know: Princess Beatrice, ninth in the line of succession to the British throne, married real estate specialist Edoardo Mapelli Mozzi in a private ceremony in July 2020. The wedding was a significantly pared-back event attended by the Queen, Duke of Edinburgh and close family to ensure compliance with Covid-19 guidelines at the time.
In September 2021, she gave birth to daughter Sienna Elizabeth Mapelli Mozzi, who became the 10th in line to the throne.
Beatrice, 33, has a royal title but works a regular, full-time day job as vice president of partnerships and strategy at tech company Afiniti.
Princess Eugenie
Born: March 23, 1990
What to know: The younger York sister is 11th in the line of succession, and, after her cousin Prince Harry, was the second royal to throw a massive wedding in 2018.
She wed Jack Brooksbank, a brand ambassador for Casamigos tequila, which was founded by George Clooney and Rande Gerber, husband of supermodel Cindy Crawford. Like her sister, Princess Eugenie has a fairly everyday job: she works as the director of the Hauser & Wirth art gallery in London.
In February, she gave birth to her son August Philip Hawke Brooksbank, who is the 12th in line to the throne.
Prince Edward, Earl of Wessex
Born: March 10, 1964
What to know: The youngest child of Queen Elizabeth II and Prince Philip, Prince Edward is 13th in line to the British throne. He's currently a full-time working member of the royal family. Prince Edward previously trained as a cadet in the Royal Marines and worked as a theater and TV producer.
More key relatives: Sophie, Countess of Wessex, whom Prince Edward married in 1999. The couple have two children together, Lady Louise Windsor and James, Viscount Severn.
James, Viscount Severn
Born: December 17, 2007
What to know: Despite being younger than his sister Lady Louise Windsor, the Viscount Severn is ahead of her in the line of succession because of the previous rule that saw the British monarchy favor male heirs over their sisters. He is 14th in line to the throne.
Lady Louise Windsor
Born: November 8, 2003
What to know: The oldest child of the Earl and Countess of Wessex, Lady Louise Windsor is now 15th in line to the throne. Her parents chose more subdued royal titles and, with the permission of the Queen, gave their children titles in the style of an earl rather than prince and princess, according to The Independent.
Anne, the Princess Royal
Born: August 15, 1950
What to know: The second child and only daughter of Queen Elizabeth II and Prince Philip, Anne was third in the line of succession at birth -- but today she's No. 16, behind her brothers and their children and grandchildren.
Widely known as an expert horsewoman, the Princess Royal competed as an equestrian in the 1976 Olympics in Montreal -- just two years after surviving a kidnapping attempt. Today she's part of the International Olympic Committee in addition to serving various charitable organizations.
More key relatives: Capt. Mark Phillips, the Princess Royal's first husband, with whom she has two children: Peter and Zara. Phillips, an army officer, was a commoner who declined to receive a royal title; Anne also declined her mother's offer to give titles to Peter and Zara.
Anne and Phillips divorced in 1992, and the Princess Royal went on to marry Royal Navy officer and equerry to the Queen, Timothy Laurence, that same year.
To get updates on the British Royal Family sent to your inbox, sign up for CNN's Royal News newsletter.
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The days are getting a little shorter and maybe just a little cooler, but there's still plenty of sunlight in the day to get out and enjoy what's going on in the area. Click for more. | https://www.albanyherald.com/news/british-royal-family-line-of-succession-whos-who/article_275c5f67-f7e1-55c8-ade9-e84d0831fa20.html | 2022-09-08T23:00:14Z |
Sheriff: 2 small planes collide mid-air near Denver, 3 dead
Published: Sep. 17, 2022 at 2:28 PM CDT|Updated: 36 minutes ago
LONGMONT, Colo. (AP) — Colorado authorities say three people are dead after two small airplanes collided in mid-air near Denver.
The Boulder County Sheriff’s Office says two people were found dead in the wreckage of one of the planes and a third person was found dead in the second aircraft.
The collision happened just before 9 a.m. Saturday.
‘The National Transportation Safety Board says in a statement that it is investigating a collision between a Cessna 172 and a Sonex Xenos aircraft near Longmont, Colorado.
Longmont is about 30 miles north of Denver.
The identities of the victims have not been released.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/17/sheriff-2-small-planes-collide-mid-air-near-denver-3-dead/ | 2022-09-17T20:04:52Z |
MADISON, Wis. (AP) — Wisconsin Lt. Gov. Mandela Barnes emerged Wednesday as the clear favorite in what had been a crowded Democratic field seeking to unseat Republican U.S. Sen. Ron Johnson, as his nearest rival dropped out and threw his support behind Barnes.
Milwaukee Bucks executive Alex Lasry, who polls showed had been running tight with Barnes, explained his surprising move by saying Barnes had pulled ahead in recent weeks and there was no way he could catch him in the hotly contested primary for what is expected to be one of the most hard-fought Senate races this year.
“This wasn’t something where I thought we lost,” Lasry said, standing alongside Barnes outside the Fiserv Forum in Milwaukee where the Bucks play. “I think Mandela won.”
The race in battleground Wisconsin, which Donald Trump narrowly won in 2016 but lost by a nearly equal number of votes in 2020, could determine which party holds majority control in the 50-50 Senate.
The move helps Democrats who want to avoid a nasty end to the primary and instead keep the focus on Johnson, according to University of Wisconsin-Madison political science professor Barry Burden.
“Circling around somebody, presumably Barnes, is one way to try to make the chances of winning in November greater,” Burden said.
Lasry said he decided to drop out after consulting on Tuesday night with Democratic U.S. Sen. Tammy Baldwin. This week, Barnes’ campaign released an internal poll that shows Barnes ahead of Lasry by 14 points.
“Look at the data, it just wasn’t there. Over the last seven, 10 days there was just a number of data points that showed Mandela’s support continued to grow,” Lasry told The Associated Press. “When we realized there was no path forward, we wanted to make sure we did everything we could to put our party in the best position to beat Ron Johnson.”
State Treasurer Sarah Godlewski, who has trailed Barnes by double digits, vowed to remain in the contest along with other lesser-known candidates. On Monday, Outagamie County Executive Tom Nelson dropped out of the race and endorsed Barnes.
Even though Lasry and Nelson are ending their campaigns this week, both of their names will remain on the primary ballot. In-person absentee voting started Tuesday.
Lasry called Barnes a friend and said he looked forward to helping him beat Johnson. Barnes thanked Lasry for not running a negative campaign and said that unity will help Democrats take on Johnson.
“I know it’s going to be tough,” Barnes said. “It’s going to be difficult, an uphill battle. But I know it’ll be that much easier because we’re in this together.”
Barnes, who is Black, was born and raised in Milwaukee. He served two terms in the state Legislature before being elected lieutenant governor in 2018. Barnes opted against seeking a second term with Gov. Tony Evers to instead run for Senate.
Barnes, 35, contrasted himself with Lasry in the primary, emphasizing his middle class upbringing as the son of a public school teacher and factory worker, both union members. Barnes paid no income tax and was on the state’s Medicaid program while running for lieutenant governor in 2018.
He has secured some big-name liberal endorsements in the primary, including Vermont Sen. Bernie Sanders, Massachusetts Sen. Elizabeth Warren and U.S. Rep. Alexandria Ocasio-Cortez.
Citing those endorsements, Wisconsin Republican Party Executive Director Mark Jefferson said that as the primary approaches “Mandela Barnes will speak out of both sides of his mouth to convince voters that he is a moderate.” But he said Barnes will have to own President Joe Biden’s agenda, which Jefferson said is to blame for high inflation, rising crime and a weakened education system.
Lasry, 35, already had spent more than $12.3 million of his own money on the race. He had spent three times as much as Barnes through June, mostly on TV ads.
Barnes reported raising $2.1 million between April and June of this year, bringing his total to date to $6.1 million. It was the most of any Democratic candidate in the Wisconsin race who wasn’t self-funding, but his three-month total paled against the $7 million Johnson reported.
Lasry was born in New York City and moved to Milwaukee in 2014 after his billionaire father was part of a team that bought the NBA’s Bucks. Lasry served as an executive vice president for the team and has touted his connection to the 2021 championship Bucks, frequently mentioning their title run and employing union workers to build the stadium where the team plays.
He also played a pivotal role in landing the 2020 Democratic National Convention in Milwaukee. The event was moved online due to the coronavirus pandemic. | https://cw33.com/news/politics/ap-politics/democrat-alex-lasry-to-drop-out-of-wisconsin-senate-race/ | 2022-07-28T08:07:48Z |
OXNARD, Calif., July 12, 2022 /PRNewswire/ -- Córdoba Guitars is proud to introduce its first nylon string electric guitar and recent winner of Best in Show during the 2022 NAMM Show, the Córdoba Stage. This ultimate nylon string guitar is for playing on stage and addresses feedback issues while also producing Córdoba's authentic acoustic nylon-string tone.
The Stage comes with a revolutionary new pickup system, co-developed with Fishman, and is equipped with easy-to-access volume, EQ, and body blend knobs, allowing players to dial in their preferred acoustic sound. "This was an exciting project for us because the promise of what this new model could do was so huge," declared Larry Fishman, founder of Fishman Transducers. "We ended up with a nylon string guitar that not only sounds and looks beautiful but is also a performer's dream. I think players are going to find the new Córdoba Stage to be a perfect blend of comfort, playability, and performance with truly authentic plugged-in acoustic tone."
The one-of-a-kind guitar is built with a solid fully chambered mahogany body and includes a solid spruce top with a figured flamed maple veneer for projection, bringing the same unplugged acoustic Córdoba sound to all performance environments. It has a comfortable 1.8" (48mm) nut width, fast 16" fretboard radius and thinner neck which makes it slightly thinner than a traditional nylon string guitar, providing a playing experience closer to that of a steel string or electric guitar. This familiarity offers an easy transition for steel string players and those with smaller hands to the world of nylon string guitar. The thin body shape, scaled down perimeter, and carved contours provides ergonomic comfort to players of any style while the deep cutaway gives easy access to all 22 frets.
In support of Córdoba's mission to minimize global impact, the accompanying and newly designed navy-colored gig bag is built with a durable shell made from recycled nylon fishing nets and provides a great solution to carry everything a player would need to be stage ready.
Córdoba Stage Guitar – U.S. Street $699
Founded in 1997, Córdoba seeks to guide the evolution of acoustic guitars and ukuleles, blending traditional craftsmanship of the early master luthiers with modern developments. Inspired by the organic beauty and honesty of acoustic instruments, every Córdoba is lightweight, responsive, and a direct descendant of the Spanish tradition. Córdoba continues to challenge the definition of the acoustic guitar without sacrificing the authenticity of its heritage. Learn more at http://www.cordobaguitars.com/stage.
Product images can be downloaded here.
CONTACT
CÓRDOBA MUSIC GROUP
Alex R. Ordoñez
310.857.1710
aordonez@cordobamusicgroup.com
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SOURCE Cordoba Music Group Inc. | https://www.kxii.com/prnewswire/2022/07/12/first-its-kind-nylon-string-electric-guitar-with-revolutionary-pickup-system-crdoba/ | 2022-07-12T17:15:03Z |
Global Expansion with 110% Year-Over-Year Growth Rates and International Hires Contribute to Company's Strong Performance Worldwide
REDWOOD CITY, Calif., Sept. 6, 2022 /PRNewswire/ -- Planful Inc., the pioneer of financial performance management cloud software, today announced significant momentum in its international operations, recording 110% year-over-year growth ending June 2022. New customer acquisitions worldwide, new office openings to support global growth, and new hires in its India, United Kingdom, Canada, and Australia regions signal major progress toward the company's international expansion objectives.
Planful increased its roster of EMEA resellers by 200% and expanded its presence in the APAC region. The company recently signed a partnership with Forpoint Solutions, a best-in-class cloud solution provider for finance teams based in Australia and New Zealand. Planful also drove 80% customer growth in the UK and Europe, adding brands like Aiven, Kin + Carta, Ten Lifestyle Group, Brompton, and Kognity as customers.
"It's been a remarkable change with Planful as we now have a database of financial information that lets us quickly report and look at trends. Planful has turned us into a more effective team that, instead of just creating reports, we have an even greater understanding of what's going on across the Group. That gives us the opportunity to add value." said Niall Jameson, Head of Group Reporting at Grafton Group.
Planful's operations in Canada have more than doubled year-over-year while the UK team has grown six-fold. The company continues to expand in India and held a successful hiring event in Indore in the second quarter of 2022, adding to its existing team in Hyderabad. Planful earned Great Place to Work® certification for its operations in the U.S., Canada, India, and the UK. In Canada, Planful was also recognized on the 2022 Best Workplaces for Today's Youth list.
"Planful continues to grow worldwide because of the innovation and dedication of our team, posting new growth records, as they helped international customers rapidly transform and modernize their ways of working," said CEO Grant Halloran. "The financial performance management problems we solve are consistent throughout the world, with tens of thousands of companies still requiring our help, so we look forward to scaling even more."
Learn more about Planful at www.planful.com or view an interactive demo.
Planful is the pioneer of financial performance management cloud software. The Planful platform is used by the Office of the CFO around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and visual analytics. Planful empowers users to plan confidently, close faster, and report accurately. More than 1000 customers, including Boston Red Sox, Del Monte, TGI Friday's, and 23andMe, rely on Planful to accelerate cycle times, increase productivity, and improve accuracy across the end-to-end FP&A process. Planful is a private company backed by Vector Capital, a leading global private equity firm. Learn more at www.planful.com.
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SOURCE Planful | https://www.wibw.com/prnewswire/2022/09/06/planfuls-international-momentum-surges-company-opens-new-offices-acquires-customers-worldwide/ | 2022-09-06T08:22:13Z |
CHICAGO, June 27, 2022 /PRNewswire/ -- Asher Funk, an attorney who focuses on representing health care providers in transactions, regulatory counseling, compliance matters, government investigations, and enforcement actions, has joined Troutman Pepper's Health Sciences Transactional Practice Group in Chicago as a partner. Funk comes to the firm from Polsinelli PC, and is the sixth attorney to join the firm's national Health Sciences Department in recent months. In April, the firm welcomed three partners to the team, data privacy Partner Jonathan Ishee and corporate Partners Geoff Starr and Abe Kwon. Lori Trujillo and Brian Wong also joined the firm as counsel in its Los Angeles and New York offices, respectively, earlier this month.
"Our Health Sciences Department is a strategic pillar for the firm. We continue to expand our health care and life sciences footprint in key practice areas and geographies, growing capabilities based on client need," said Rachael Bushey, chair of Troutman Pepper's Health Sciences Department. "We are delighted to have Asher join us. His addition strengthens our presence in the Midwest and will be an asset to our health care and life sciences clients throughout the country."
"Asher's background and combination of regulatory compliance, white collar litigation, and transactional experience in the health care vertical brings significant value to Health Sciences and to the firm, and contributes to our aggressive growth throughout the country," added partner John Jones, who leads Troutman Pepper's Health Care Private Equity, Transactions, and Regulatory practices.
Funk maintains a diverse practice representing hospitals, health systems, skilled nursing facilities, rehabilitation providers, home health and hospice companies, pharmacies, durable medical equipment suppliers, and behavioral health providers. He has deep experience with the Stark Law, Anti-Kickback Statute, Civil Monetary Penalties Law, and issues related to quality of care, medical necessity, billing, and reimbursement. Funk is also an expert on the federal False Claims Act — and similar state laws — having routinely represented providers during investigations and litigation initiated by the government and private whistleblowers.
"I've spent my career partnering with clients and helping them navigate the complex issues facing health care and life sciences organizations during transactions, government audits, investigations, and litigation," said Funk. "Troutman Pepper has invested in dynamic thought leaders to take Health Sciences forward. This provides an excellent platform for lateral partners, like me. I am pleased to join the Department, and to continue to grow my practice and build relationships with clients and my new colleagues at Troutman Pepper."
Funk earned his JD from the Northeastern University School of Law and his BA degree from University of Michigan.
Troutman Pepper's multidisciplinary Health Sciences Department has more than 150 professionals who serve clients across the health care and life sciences spectrum. Clients include innovative biotech, pharmaceutical, and medical device developers and manufacturers; physicians, hospitals, and other health care providers; health insurers and other payors; and a wide range of members of the health care supply chain. The team has been recognized by top industry authorities, including Chambers USA.
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm's litigation, transactional, and regulatory practices advise a diverse client base, from start-ups to multinational enterprises. The firm provides sophisticated legal solutions to clients' most pressing business challenges, with depth across industry sectors, including energy, financial services, health sciences, insurance, and private equity, among others. Learn more at troutman.com.
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SOURCE Troutman Pepper Hamilton Sanders LLP | https://www.kxii.com/prnewswire/2022/06/27/troutman-pepper-adds-talented-health-care-regulatory-transactional-partner-chicago-powerhouse-health-sciences-department/ | 2022-06-27T17:41:05Z |
DeSantis signs Florida’s 15-week abortion ban into law
By Steve Contorno, CNN
Florida Gov. Ron DeSantis signed into law on Thursday a Mississippi-style anti-abortion measure that bans the procedure after 15 weeks of pregnancy without exemptions for rape, incest or human trafficking.
The bill, which goes into effect July 1, does allow exemptions in cases where a pregnancy is “serious risk” to the mother or a fatal fetal abnormality is detected if two physicians confirm the diagnosis in writing.
The bill makes Florida the latest Republican-led state to advance a 15-week abortion ban bill this session. Additionally, the Kentucky legislature on Wednesday overrode Democratic Gov. Andy Beshear’s veto of a broad abortion bill that bans most abortions after 15 weeks of pregnancy. And in Oklahoma, Republican Gov. Kevin Stitt on Tuesday signed a bill into law that makes performing an abortion illegal in the state, with an exception only in the case of a medical emergency.
The US Supreme Court appears poised to uphold the Mississippi law that bars abortion after 15 weeks. The fate of Roe v. Wade, the landmark 1973 Supreme Court decision that legalized abortion nationwide, also hangs in the balance, and anti-abortion activists are hopeful that the court’s conservative majority will strike it down.
Previously, Florida had allowed abortion through the second trimester of a pregnancy, making it one of the most permissive states for abortion in the southeast. Abortion advocates said many women from neighboring states often traveled to Florida for the procedure, meaning changes to Florida’s law could be felt all throughout the region.
According to the US Centers for Disease Control and Prevention, Florida reported 71,914 abortions in 2019, or 18.5 per 1,000 women, the third highest rate in the country.
“We are here today to defend those who can’t defend themselves,” DeSantis said Thursday on a stage surrounded by several female lawmakers, anti-abortion advocates and children. “This will represent the most significant protections for life that we have seen in a generation.”
The signing of the bill comes days after a Tallahassee circuit court judge ruled that Florida can require a 24-hour waiting period to get an abortion, ending a seven-year legal battle over another contentious anti-abortion measure.
The state Senate passed the bill 23-15 on March 15 over the objections of Democrats, who shared painful and emotional stories of women who elected to have an abortion after a trauma. State Sen. Lauren Book, a Plantation Democrat and the leader of the minority party, told colleagues she was a victim of rape and implored lawmakers to include an exemption for women who become pregnant as a result of sexual violence.
Book broke down into tears after the proposed amendment was rejected by Republicans, who have a majority in the chamber.
President Joe Biden, in a March tweet, called Florida’s new abortion restriction “a dangerous bill that will severely restrict women’s access to reproductive health care.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/14/desantis-signs-floridas-15-week-abortion-ban-into-law/ | 2022-04-14T17:26:13Z |
2 servings of avocado a week helps your heart health, study says
Published: Mar. 30, 2022 at 10:56 AM EDT
(CNN) - Good news if you like avocados; eating them is a great way to help out your heart health.
A new government study found eating at least two servings a week, which adds up to one avocado, reduced the risk of having a heart attack by 21%.
It also said that eating avocado instead of eggs, yogurt, cheese, margarine, butter, or processed meats, like bacon, was especially beneficial.
Experts said anything you can do to improve your heart health is a step in the right direction.
The Centers for Disease Control and Prevention estimated heart disease takes a life every 36 seconds.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/03/30/2-servings-avocado-week-helps-your-heart-health-study-says/ | 2022-04-01T02:52:32Z |
Biden offers logistics support to ease formula shortage
WASHINGTON (AP) — President Joe Biden is offering formula manufacturers and retailers transportation and logistics support to ease the nationwide shortage of baby formula, as the administration works to bring the largest domestic plant back on line after it was shut down early this year due to safety issues.
The White House said it is working with all major formula producers to boost production, including reaching out to their suppliers to encourage them to prioritize production and delivery of formula ingredients. It comes as the Biden administration has come under intense pressure over the last week to do more to ease the shortage of formula that has forced parents of infants to go to significant lengths to feed their children.
The shortage stems from a February recall by Abbott, the nation’s largest formula maker, that shuttered the company’s Michigan plant and exacerbated ongoing supply chain disruptions among formula makers, leaving fewer options on stores shelves across much of the country. The shortage has led retailers like CVS and Target to limit how many containers customers can purchase per visit and forced some parents to swap and sell formula online.
On Monday, FDA Commissioner Robert Califf told ABC News’ “Good Morning America” that the federal agency is “working really closely with Abbott” to reopen the closed Michigan factory and he expects that “in a very short period of time we’re going to have an announcement about the path forward.”
Califf said an announcement is forthcoming about importing baby formula from abroad, noting that the key is making sure the instructions for the formula are in languages that mothers and caregivers can understand.
The FDA warned families against making their own baby formula because it has 30 distinct constituents that have to be in the right amount, otherwise the formula can possibly be dangerous to consume.
Abbott’s voluntary recall was triggered by four illnesses reported in babies who had consumed powdered formula from the Michigan plant. All four infants were hospitalized with a rare type of bacterial infection and two died.
After a six-week inspection, FDA investigators published a list of problems in March, including lax safety and sanitary standards and a history of bacterial contamination in several parts of the plant.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/16/biden-offers-logistics-support-ease-formula-shortage/ | 2022-05-16T15:17:29Z |
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