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Which shower curtain rings are best?
It’s easy to make improvements in your home through small, cost-effective changes. Something as simple and basic as nice shower curtain rings can enhance your space. Maybe you’re tired of how your current ones always get caught on the curtain rod, or your arms always go numb trying to undo them when it’s time to replace the shower liner. You can fix that easily. That’s why the top choice for shower curtain rings is Gorilla Grip Shower Curtain Hooks.
What to know before you buy shower curtain rings
Purpose
Shower curtain rings hold up your shower curtain and liner but believe it or not, that can make a huge difference in your showering experience. The purpose of buying the rings separately from the curtain is to improve this experience. Often even expensive shower curtains will come with subpar rings. It can be annoying to spend more on new rings, but when you find the right set, you will be pleasantly surprised at how much better they work.
Number Needed
Different shower curtains will require a different number of rings. It’s always better to get too many than have too few and then have to deal with a corner of your curtain always flapping around. Be sure to count the number of rings you’ll need so you can keep that number in mind while you search.
Shower Rod
Before looking at shower curtain rings, be aware of what kind of shower rod you have. This will affect how well your rings can function. For example, metal rings will probably not work as smoothly on a wooden or plastic rod as metal ones. You might even consider getting a new shower rod if you want to maximize the benefits of your new rings.
What to look for in quality shower curtain rings
Design
Some rings are just round, while others will come in different shapes. You might prefer the look of one or the other, but consider whether they will be easier to use. If ease of use doesn’t matter as much, all you have to worry about is how well they go with your bathroom decor. For example, if you have a lot of gold features in your bathroom, silver rings could look out of place. Function-wise, you want these rings to be designed well enough that it’s easy to remove the shower curtain and liner for when they need to be cleaned or replaced.
Metal or Plastic
Metal rings tend to work best on metal rods. They’re going to glide more smoothly and easily. However, they can also be much louder than plastic rings. You also simply might not like the way the metal looks or how it sounds. Or you might want to limit how much plastic you buy for environmental reasons. Whatever your preference, that might be the deciding factor between one option and another.
Features
Along with good functionality, shower curtain rings should also have features that appeal to you. Some have metal beads along the top that help them glide more easily across the curtain rod. Others are more like hooks than rings. Some rings will have clasps that are harder to open than others. That can make changing the liner or taking the curtain off to wash difficult because you have to stand there with your hands over your head, unlatching all these clasps. See which features appeal to you the most and decide how practical they are for your needs. You should also make sure that the ones you get won’t rust or mildew.
How much you can expect to spend on shower curtain rings
They cost $7-$9, depending on the material and number of rings per set.
Shower curtain rings FAQ
What do I do with my old rings?
A. You can reuse them! Shower curtain rings are relatively versatile. Depending on the design, they can easily be used to hold jewelry, mops or brooms. Anything that a hook can hang from a rod can be hung up with these. Just be mindful of the weight.
How do I know if I should get metal or plastic rings?
A. That will depend on your unique needs and preferences.
What are the best shower curtain rings to buy?
Top shower curtain rings
Gorilla Grip Shower Curtain Hooks
What you need to know: Thoughtfully designed, these rings are easy to use.
What you’ll love: Featuring steel beads to enable them to glide smoothly over a curtain rod and hooks to make removing and replacing your curtain and liner pain-free, these rings are delightful. Their design is stylishly complex.
What you should consider: Some people find these more challenging to use because their curtains get tangled up.
Where to buy: Sold by Amazon
Top shower curtain rings for the money
Amazer 24 PCS Clear Shower Curtain Rings Plastic
What you need to know: These plastic rings are straightforward.
What you’ll love: The super basic design makes these rings easy to figure out. They should glide fairly well over any curtain rod and blend in with most decor unless you have more vintage or retro fixtures.
What you should consider: They might be tricky or annoying when dealing with your shower curtain and liner.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: These rings are super simple and based on the classic ball chain.
What you’ll love: They come in a wide variety of colors to suit any decor. Because they’re chains, they’re flexible and easy to move. They come in a pack of twelve and come in different size and length options.
What you should consider: If you find ball chain clasps challenging to undo, you will probably not enjoy these.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/bed-bath-br/shower-accessories-br/best-shower-curtain-rings/ | 2022-06-06T08:49:07Z |
Walt Disney Co. said Wednesday it is raising prices for streaming subscribers in the U.S. who want to watch Disney+ without ads, as more viewers switch to what CEO Bob Chapek described as the “best value in streaming.”
The price increases are tied to a new tiered service Disney will launch in December for U.S. subscribers. The basic Disney+ service today costs $7.99 per month. Starting in December, that basic service will run ads, so a subscriber who wants no ads will have to upgrade to a premium service that starts at $10.99 per month, a 37.5% rise over current prices. An annual plan will cost $109.99.
“We expect the ad tier to be popular and we expect some people to want to stay with ad-free,” Chief Financial Officer Christine McCarthy said on a conference call with analysts.
Netflix’s most popular streaming plan in the U.S. is now $15.50 per month, and its top-of-the-line plan is $20 per month. That follows several rate hikes to help pay for its original programming, which has become even more important since Disney pulled its programming and classic movies from Netflix after licensing agreements between the companies expired.
Disney said it added 14.4 million subscribers to its Disney+ streaming service in the April-June fiscal quarter. In total, subscribers to all Disney streaming services, which include Hulu and ESPN+, amounted to about 221 million, putting the entertainment giant slightly ahead of Netflix in the streaming wars.
Netflix ended June with 220.7 million subscribers after losing nearly 1 million subscribers in the past quarter.
Disney said paid subscriptions for Disney+ grew by 31%, much of that internationally, over the same time last year. But revenue growth was not as strong due to operating losses from “higher programming and production, technology and marketing costs.”
Disney’s growing streaming sales, combined with a recovering theme park business after pandemic-era shutdowns, led the Burbank, California-based entertainment giant to beat Wall Street expectations with quarterly earnings Wednesday.
Disney reported revenue of $21.5 billion in the three months through July 2, up 26% from the same time last year.
Earnings per share came to $1.09 when excluding certain items. Analysts polled by FactSet projected adjusted earnings of 97 cents per share on revenue of $20.99 billion for the quarter, according to FactSet Research.
Disney said sales at its parks, experiences and products segment grew to $7.39 billion, up 70% from $4.34 billion a year earlier. The numbers represented an ongoing comeback from COVID-19 restrictions that temporarily shuttered all of Disney’s parks in 2020, reduced capacity through much of 2021 and have continued to affect some locations such as Shanghai Disneyland, which was open for just three days in the April-June quarter. | https://cw33.com/entertainment-news/ap-entertainment/disney-counts-221m-streaming-subscribers-topping-netflix/ | 2022-08-11T08:29:50Z |
- Results demonstrate meaningful and durable efficacy signal in a highly challenging indication
- A higher dose level of pelareorep led to 50% 24-month median overall survival (mOS) and a patient still alive at 42 months compared to 16.7% mOS at the lower dose
- Investigator-sponsored trial confirms pelareorep's favorable safety profile
SAN DIEGO and CALGARY, AB, April 8, 2022 /PRNewswire/ -- Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC) today announced positive long-term survival data from ReoGlio, an investigator-sponsored phase 1b trial evaluating the combination of pelareorep and granulocyte-macrophage colony-stimulating factor (GM-CSF) alongside standard chemoradiotherapy and adjuvant temozolomide for the treatment of glioblastoma multiforme (GBM). The results, which are the subject of a presentation at the American Association for Cancer Research (AACR) Annual Meeting, show a substantial and durable efficacy signal in newly diagnosed GBM patients and demonstrate the safety and tolerability of the studied treatment combination in this indication.
"These results provide further evidence suggesting that the long-term survival benefits pelareorep delivers to breast cancer patients may be extended to a variety of indications," said Susan Short, M.R.C.P., Ph.D., Professor of Clinical Oncology and Neuro-Oncology at the University of Leeds. "I am highly encouraged by the two-year survival rate and median overall survival observed in ReoGlio and view the relative increases these metrics show in the high dose cohort as a promising sign of this therapy combination's dose-dependent activity in GBM. ReoGlio's long-term results are also consistent with the positive progression-free survival data that were previously reported and confirm pelareorep's favorable safety profile in this new indication. Collectively, these findings highlight pelareorep's potential to drive clinical benefit in GBM patients, who are historically very challenging to treat and in urgent need of novel therapies."
Key data and conclusions from the AACR poster and corresponding abstract include:
- Evaluable patients treated with pelareorep at dose level-2 (3x1010 TCID50) had a median overall survival (mOS) of 16.1 months and a 24-month survival rate of 50% (n=6)
- Evaluable patients treated with pelareorep at dose level-1 (1x1010 TCID50) had a mOS of 12.6 months and a 24-month survival rate of 16.7% (n=6)
- Across both dose levels, mOS was 13.1 months and the 24-month survival rate was 33% (n=12)
- One patient treated at dose level-2 remains alive at 42 months
- The studied treatment combination was deemed safe and well-tolerated at both dose levels by a Safety Review Committee that included two independent physicians
The long-term follow-up data from the ReoGlio study being presented at AACR are an extension of prior data that were featured in a podium presentation at the 2020 Society of Neuro-Oncology Annual Meeting (link to PR). These data demonstrated an estimated median progression-free survival (mPFS) of 7.8 months across all evaluable patients in the study (n=12), with those treated at dose level-2 showing an estimated mPFS of 9.4 months (n=6) and those treated at dose level-1 showing an estimated mPFS of 6.1 months (n=6).
Matt Coffey, Ph.D., MBA, President and Chief Executive Officer of Oncolytics Biotech Inc. added, "ReoGlio's results strengthen the broad clinical dataset demonstrating pelareorep's potential to address unmet needs across a range of cancers. We believe they warrant additional clinical study, and plan to discuss them with thought leaders and potential partners to identify the best and most efficient potential path forward in GBM. This strategy will allow us to opportunistically expand pelareorep's commercial potential while staying focused on the advancement of our lead breast cancer program to a registrational study. We would like to sincerely thank the University of Leeds, Cancer Research UK, and The Brain Tumor Charity for designing and funding the ReoGlio trial, as well as all of the patients who participated."
An electronic copy of the presentation and the corresponding abstract, entitled, Combination of reovirus (pelareorep) and granulocyte-macrophage colony-stimulating factor (GM-CSF) alongside standard chemoradiotherapy and adjuvant chemotherapy (temozolomide) for patients with glioblastoma multiforme (GBM): long term follow up results of the ReoGlio phase Ib trial, is available to registered attendees of the AACR annual meeting on the meeting website. A copy of the presentation will also be posted to the Posters & Publications page of Oncolytics' website (LINK) following the conclusion of the meeting.
Details for the online presentation are shown below.
Abstract Number: CT569
Session Title: OPO.CT01.01 - Phase I Clinical Trials
About ReoGlio
The ReoGlio trial was an investigator-sponsored phase 1b, open-label trial evaluating the combination of pelareorep and GM-CSF, alongside standard chemoradiotherapy and adjuvant temozolomide, for the treatment of newly diagnosed GBM. Fifteen patients were treated in the trial, twelve of which were evaluable for efficacy analyses. The primary objective of the study was to determine the maximum tolerated dose of pelareorep and GM-CSF with standard chemoradiotherapy. Secondary objectives were to gain a preliminary assessment of the activity of the pelareorep-GM-CSF combination and to assess treatment compliance. The trial was designed and managed by the University of Leeds and funded through grants provided by Cancer Research UK and The Brain Tumor Charity.
About Oncolytics Biotech Inc.
Oncolytics is a biotechnology company developing pelareorep, an intravenously delivered immunotherapeutic agent. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype -- turning "cold" tumors "hot" -- through innate and adaptive immune responses to treat a variety of cancers.
Pelareorep has demonstrated synergies with immune checkpoint inhibitors and may also be synergistic with other approved oncology treatments. Oncolytics is currently conducting and planning clinical trials evaluating pelareorep in combination with checkpoint inhibitors and targeted therapies in solid and hematological malignancies as it advances towards a registration study in metastatic breast cancer. For further information, please visit: www.oncolyticsbiotech.com.
This press release contains forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and forward-looking information under applicable Canadian securities laws (such forward-looking statements and forward-looking information are collectively referred to herein as "forward-looking statements"). Forward-looking statements contained in this press release include statements regarding Oncolytics' belief as to the potential and benefits of pelareorep as a cancer therapeutic; Oncolytics' expectations as to the purpose, design, outcomes and benefits of its current or pending clinical trials involving pelareorep; the timing and results of the presentation to be made at the American Association for Cancer Research Annual Meeting; our plans to discuss the results of the ReoGlio study with thought leaders and potential partners to identify the best and most efficient potential path forward in GBM and the anticipated results of this strategy; our plans to advance towards a registration study in metastatic breast cancer; and other statements related to anticipated developments in Oncolytics' business and technologies. In any forward-looking statement in which Oncolytics expresses an expectation or belief as to future results, such expectations or beliefs are expressed in good faith and are believed to have a reasonable basis, but there can be no assurance that the statement or expectation or belief will be achieved. Such forward-looking statements involve known and unknown risks and uncertainties, which could cause Oncolytics' actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the availability of funds and resources to pursue research and development projects, the efficacy of pelareorep as a cancer treatment, the success and timely completion of clinical studies and trials, Oncolytics' ability to successfully commercialize pelareorep, uncertainties related to the research and development of pharmaceuticals, uncertainties related to the regulatory process and general changes to the economic environment. In particular, we may be impacted by business interruptions resulting from COVID-19 coronavirus, including operating, manufacturing supply chain, clinical trial and project development delays and disruptions, labour shortages, travel and shipping disruption, and shutdowns (including as a result of government regulation and prevention measures). It is unknown whether and how Oncolytics may be affected if the COVID-19 pandemic persists for an extended period of time. We may incur expenses or delays relating to such events outside of our control, which could have a material adverse impact on our business, operating results and financial condition. Investors should consult Oncolytics' quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned against placing undue reliance on forward-looking statements. The Company does not undertake any obligation to update these forward-looking statements, except as required by applicable laws.
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SOURCE Oncolytics Biotech® Inc. | https://www.mysuncoast.com/prnewswire/2022/04/08/oncolytics-biotech-announces-positive-long-term-survival-data-phase-1b-glioblastoma-multiforme-trial-aacr-annual-meeting/ | 2022-04-08T17:34:02Z |
ÖSTERSUND, Sweden, July 1, 2022 /PRNewswire/ -- Skanska has signed a contract with Ruskeasuon Varikkokiinteistö Oy, a subsidiary of City Transport Ltd, to build a tram and bus depot in Helsinki, Finland. The contract is worth EUR 101M, about SEK 1.1 billion, which will be included in the Nordic order bookings for the second quarter of 2022.
The depot is designed for 100 trams, and it has space for their daily maintenance, cleaning and repair work. The parking area for 200 buses and their maintenance building will be located on the roof of the depot. The building also has office space and a room where the drivers and personnel can rest.
The project has high environmental ambitions. The aim for the depot building is to be certified according to BREEAM level "Excellent". The certification system sets goals for example for waste management, energy and resource efficiency and natural values. The depot will be in use round the clock, which enables recycling of energy within the building.
The construction began in the fourth quarter of 2021 with the development phase and is scheduled to be completed in the first quarter of 2024.
For further information please contact:
Petri Mälkiä, Project Director, Skanska Finland, tel +358 503 704 728
Pilvimaari Heikkinen, Communications Manager, Skanska Finland, tel +358 405 194 787
Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com.
This information was brought to you by Cision http://news.cision.com
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SOURCE Skanska | https://www.kxii.com/prnewswire/2022/07/01/skanska-builds-tram-bus-depot-helsinki-finland-eur-101m-about-sek-11-billion/ | 2022-07-01T08:29:37Z |
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president said Saturday that an agreement with the International Monetary Fund to help pull the bankrupt nation out of its economic crisis has been pushed back to September because of unrest over the past weeks.
President Ranil Wickremesinghe, in his first speech since he was elected by Parliament on July 20, said even though he as the prime minister had aimed to reach an agreement by early August, it has now been pushed back by a month.
Wickremesinghe was elected to complete the five-year term of his predecessor Gotabaya Rajapaksa, who fled to Singapore after protesters angry over economic hardships stormed his official residence and occupied several key government buildings.
Wickremesinghe said talked with the IMF on a rescue package had not moved since those incidents.
Sri Lanka announced in April that it is suspending repaying its foreign loans because of a serious shortage of foreign currency. The island nation owes $51 billion in foreign debt, of which $28 billion must be paid by 2027.
The currency crisis led to a shortage of many critical imported items like fuel, medicine and cooking gas.
Wickremesinghe on Friday wrote to 225 lawmakers in Parliament to join him in a multi-party government to face the crisis. He reiterated the call Saturday saying that blaming former leaders will not solve the problem but everyone should get together to stop the country from falling further.
Wickremesinghe, a six-time prime minister and veteran politician, is unpopular because he is supported by majority lawmakers who are backed by the powerful Rajapaksa family, which has ruled Sri Lanka for most of the past two decades. Many accuse Wickremesinghe of protecting the Rajapaksas, who are widely blamed for corruption and misrule that led to the crisis.
Wickremesinghe has empowered the military to dismantle protest camps that had been set up near the president’s office for more than 100 days. Several people including protest leaders have been arrested in the crackdown. | https://cw33.com/business/ap-business/sri-lanka-leader-says-imf-agreement-pushed-back-after-unrest/ | 2022-07-31T00:49:23Z |
Program more critical than ever after new solar panel removal service offered
SAINT PAUL, Minn., July 20, 2022 /PRNewswire/ -- All Energy Solar, a multi-state solar installation leader based in Minnesota, tackles waste from old or damaged solar panels with a recycling program that supports the company's green energy focus. Working with several providers, this commitment to recycling is uniquely important now that the company has launched a solar panel removal and reinstallation service in the Saint Paul area.
Solar panels are guaranteed to generate energy for 25 to 30 years; systems installed in the early 2000s are reaching the end of their warranty period in increasing numbers. Most of their components are steel, copper, aluminum, silicon, and other non-toxic materials that could potentially be reused, repurposed, or recycled.
"As a green energy company with a goal of reducing environmental harm, working with recyclers seemed like a natural choice," said Michael Allen, All Energy Solar's co-founder and chief executive officer. "Solar panel component recycling is relatively new, but it's vital to support as part of the solar energy industry. New technologies are being developed every day to make it more efficient and widely available."
Additional reasons why panels may require removal include storms, hail, wind, and other weather events that damage both solar panels and the structures on which they are installed. Sometimes just one solar panel must be replaced, while other times the whole system may need to come down to make way for a new roof before it can be reinstalled.
"We work closely with our customers who endure bad weather events impacting their solar panels. We're experienced in coordinating with insurance companies to make sure removal and replacements go seamlessly," said Jeff Blackwell, Vice President of Operations at All Energy Solar. "When it's time for them to be put back in place, it's a good opportunity for customers to consider upgrading to newer, higher-output products. Having reliable vendors to take care of the recyclable materials after project completion is an important part of that process while supporting our focus on clean, green energy through solar."
Agencies have recommended that Minnesota and other states adopt official collection and recycling programs for solar panels. Some e-waste recyclers accept them, but there isn't currently a program aimed at helping residents and companies know what to do with solar panels after they've reached the end of their warranty period.
"This is our part of closing the loop on the end-of-life considerations of solar energy, and we hope that others follow suit to support the advancement and expansion of e-waste recycling services," Allen noted.
All Energy Solar provides a full-service solar energy integration experience for residential, commercial, agricultural, and government customers seeking to make the transition to solar energy. With industry-leading certifications and full electrical and building licenses, All Energy Solar installs quality solar power systems at competitive prices and monitors and maintains the systems after installation. www.allenergysolar.com.
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SOURCE All Energy Solar, Inc | https://www.kxii.com/prnewswire/2022/07/20/solar-panel-recycling-all-energy-solar-keeps-waste-out-landfills/ | 2022-07-20T17:06:18Z |
NEW YORK, Aug. 23, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DKS, ALB, TSLA, CEIX, and XOM.
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- DKS: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=DKS&prnumber=082320224
- ALB: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=ALB&prnumber=082320224
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- CEIX: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=CEIX&prnumber=082320224
- XOM: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=XOM&prnumber=082320224
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/08/23/thinking-about-trading-options-or-stock-dicks-sporting-goods-albemarle-corp-tesla-consol-energy-or-exxon-mobil/ | 2022-08-23T15:19:19Z |
NEW YORK, July 18, 2022 /PRNewswire/ -- Investcorp, a leading global alternative investment firm, today announced it has agreed to sell its stake in United Talent Agency ("UTA" or "The Company"), a global talent and entertainment company, to EQT Private Equity. The sale will represent a highly successful investment for Investcorp and its institutional investors.
As a leading champion of entertainers, content creators and artists, UTA partners with the most influential talent across sports, entertainment, media, and technology sectors and with major corporate brands. Investcorp invested in UTA in 2018 alongside the Public Sector Pension Investment Board (PSP Investments) and other institutional co-investors. Since Investcorp's investment, UTA more than tripled its EBITDA through exceptional organic growth and several strategic acquisitions driven by its mission of always providing clients outstanding service and staying at the forefront of the industry. Investcorp supported UTA's management team as they expanded their services and geographic footprint amid rapidly evolving innovation in content creation and distribution. The Company entered sports representation through its acquisition of KLUTCH Sports, digital influencer management through its acquisition of DBA and brand consulting through its acquisition of MediaLink. The Company also entered the European market through its recent acquisition of Curtis Brown Group.
"Our partnership with Jeremy Zimmer and the management team was outstanding and demonstrates our commitment to working closely with our companies to help them achieve their strategic objectives," said Dave Tayeh, Head of Private Equity – North America at Investcorp. "We are proud to have been part of UTA's consistent innovation and substantial growth over the past four years and we look forward to their continued success. Our North American Private Equity business will continue to invest in exceptional founder-led companies."
"Working with Investcorp and Dave Tayeh has been a great experience for the leadership at UTA," said Jeremy Zimmer, CEO and Co-Founder of UTA. "They have supported our growth in every way and were a thoughtful and steady hand as we navigated the pandemic. I'm grateful to them and look forward to achieving continued success in future partnerships."
"Over the past four years, UTA has continued to build on its best-in-class reputation and platform, and it has been a great pleasure to support them as they've evolved to meet the massive demand for quality content and creative talent in an increasingly digital world. We believe this remains an attractive industry and we look to build on our experience in future opportunities," added Steve Miller, Managing Director, Private Equity – North America at Investcorp.
Investcorp's Private Equity North America team has been investing in North American mid-market businesses for over 35 years. The firm has a deep history of investing in founder-led and professional services businesses like UTA.
The transaction is expected to close later this month.
About Investcorp
Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure and insurance asset management. Since our inception in 1982, we have focused on generating attractive returns for our clients while creating long-term value in our investee companies and for our shareholders as a prudent and responsible investor.
We invest a meaningful portion of our own capital in products we offer to our clients, ensuring that our interests are aligned with our stakeholders, including the communities that we operate within, towards driving sustainable value creation. We take pride in partnering with our clients to deliver tailored solutions for their needs, utilizing a disciplined investment process, employing world-class talent and combining the resources of a global institution with an innovative, entrepreneurial approach. In January 2022, Investcorp issued its 2021 Responsible Business Report which outlines its Environmental, Social, and Governance (ESG) highlights for 2021 and specific initiatives the Firm implemented to meet its goals: https://www.investcorp.com/esg/.
Investcorp has today 13 offices across the US, Europe, GCC and Asia, including India, China and Singapore. As of March 31, 2022, Investcorp Group had US $41.2 billion in total AUM, including assets managed by third party managers, and employed approximately 480 people from 50 nationalities globally across its offices.
For further information, visit www.investcorp.com and follow us @Investcorp on LinkedIn, Twitter and Instagram.
About UTA
UTA unites ideas, opportunities and talent. The company represents some of the world's most iconic, barrier-breaking artists, creators and changemakers—from actors, athletes and musicians to writers, gamers and digital influencers. One of the most influential companies in global entertainment, UTA's business spans talent representation, content production, as well as strategic advisory and marketing work with some of the world's biggest brands. Affiliated companies include Digital Brand Architects, KLUTCH Sports Group, Curtis Brown Group, and MediaLink. UTA is headquartered in Los Angeles with offices in Atlanta, Chicago, Nashville, New York and London.
More info: www.unitedtalent.com
Media Contact:
Investcorp
Katherine Segura
1 973 908 4463
corpcomms@Investcorp.com
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SOURCE Investcorp | https://www.kxii.com/prnewswire/2022/07/18/investcorp-announces-sale-united-talent-agency-investment/ | 2022-07-18T22:25:33Z |
LAS VEGAS, June 1, 2022 /PRNewswire/ -- Nitches Inc., (NICH) (the "Company") which blends high-tech with high-end fashion to create exclusive clothing lines and NFTs, today released designs of its exclusive Miles Davis streetwear items that were created with renowned multimedia artist VooDo Fé. The clothing captures the essence of one of the most gifted and innovative artists, who continues to impact music today. Nitches and Voodo Fé will also bring the genius of Miles Davis to the metaverse by developing a comprehensive NFT (non-fungible token) strategy.
The Miles Davis family granted VooDo Fé a licensing agreement to use his image. Voodo Fé has produced more than 8,000 original pieces in visual art, music, fashion design, graphic design and other products. He has worked with well-known brands like Calvin Klein, DKNY, NFL and NBA.
"To reach Miles Davis' enormous and diverse fan base, we wanted to use technology to help tell his story," said John Morgan, Nitches' CEO. "We plan to build a digital community that is dedicated to celebrating his life, as well as create unique NFTs that can be sold as digital collectibles and art."
NFTs are unique digital assets that can be owned, sold and traded using blockchain technology. The digital community will provide members with unique access to NFTs, online games and perks, such as airdrops (free cryptocurrency).
"I am so grateful to have the opportunity to create not only an unforgettable clothing collection, but also a digital NFT collection through Nitches that keeps Miles Davis' memory alive for generations of fans," said Voodo Fé, artist and collection designer. "I cannot wait to see my designs on the streets and in the metaverse."
About Nitches Corporation
Nitches is a diversified technology and exclusive clothing company that blends high-tech with high-end fashion to design luxury clothing items and NFTs. We specialize in creating limited-edition athleisure and streetwear apparel and accessories that are sustainable, authentic and exclusive. We collaborate with fashion-forward influencers and celebrities to create capsule collections that reflect their vision and brand. We develop innovative technology to protect our intellectual property and prevent counterfeiting. Nitches strives for creativity, excellence and value in all that we do for our collaborators, customers and stakeholders.
Forward Looking Statements:This press release contains forward-looking statements. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The Company has based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Some or all of the results anticipated by these forward-looking statements may not be achieved. Factors or events that could cause our actual results to differ may emerge, and it is not possible for us to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
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SOURCE Nitches Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/nitches-artist-voodo-f-honor-legacy-miles-davis-with-exclusive-clothing-designs/ | 2022-06-01T12:33:23Z |
- Dragonfly has entered into a definitive business combination agreement with Chardan NexTech Acquisition 2 Corp. (Nasdaq: CNTQ); upon closing, the combined company will be listed on the Nasdaq under the new ticker DFLI.
- Dragonfly has a track record of top line growth and has produced 17 quarters of profitability. 2021 revenue and adjusted EBITDA were $78 million and $8.7 million, respectively, both representing an 80+% CAGR since 2018.
- Pro forma enterprise value of the combined company is expected to be approximately $500 million. All Dragonfly shareholders will roll 100% of their equity holdings into the new combined company.
- Funding to support the business combination includes $128 million cash from trust (assuming no redemptions), a $75 million senior secured term loan for which Energy Impact Partners is lead arranger and a $5 million equity investment from CNTQ's Sponsor. The transaction is further supported by a $150 million Chardan Equity Facility (ChEFTM).
- Dragonfly intends to use the proceeds from the transaction to accelerate the market penetration of its existing business and commercialize its proprietary and patented All-Solid-State-Battery technology that will dramatically reduce reliance on the power grid.
RENO, Nev., May 16, 2022 /PRNewswire/ -- Dragonfly Energy Corp. ("Dragonfly" or the "Company"), a leader in energy storage and producer of deep cycle lithium-ion storage batteries, and Chardan NexTech Acquisition 2 Corp. ("CNTQ") (Nasdaq: CNTQ), a publicly traded special purpose acquisition company, today announced a definitive agreement for a business combination that will result in Dragonfly becoming a publicly listed company. Upon closing of the transaction, the combined company will be renamed Dragonfly Energy and is expected to be listed on the Nasdaq under the new ticker symbol "DFLI."
Creating a New Standard for Environmentally Impactful Energy Storage
Dragonfly has created state-of-the-art lithium-ion batteries equipped with a proprietary battery management system that are currently used in recreational vehicles ("RVs"), marine vessels, material handling, and off-grid residences and solar applications. Dragonfly's integrated lithium-ion products replace large and environmentally toxic lead-acid batteries and provide safe, efficient, and affordable energy storage solutions for a clean, renewable future.
Sold direct-to-consumers under the Battle Born Batteries™ brand and to original equipment manufacturers ("OEMs"), such as Keystone RV, a subsidiary of Thor Industries (NYSE: THO), and Midwest Automotive, a subsidiary of REV Group (NYSE: REVG), under the Dragonfly EnergyTM brand, Dragonfly generated $78 million of revenue and nearly $9 million of adjusted EBITDA in 2021, both representing an 80+% CAGR since 2018. As Dragonfly penetrates new and existing markets, the Company anticipates continued growth with 2022 and 2023 revenue forecasts of $115 million and $255 million, respectively, and 2022 and 2023 adjusted EBITDA forecasts of $12 million and $41 million, respectively. CNTQ believes that an investment in Dragonfly presents a compelling opportunity at a 32% discount to its peers' 2023 revenue multiples.
Dragonfly intends to use a portion of the proceeds raised from this transaction to accelerate the development and commercialization of its revolutionary All-Solid-State-Battery technology. All-Solid-State-Batteries are non-flammable and are designed to allow for efficient, distributed energy storage that enables renewables to be cost competitive with fossil fuels while further stabilizing the power grid.
Dragonfly Co-Founder, Chairman & Chief Executive Officer, Dr. Denis Phares, and the current management team are expected to continue to lead the combined company.
Dr. Phares said: "CNTQ shares our vision for providing the safe and cost-effective distributed storage solution required for our renewable energy future and supports our unique customer-centric approach to technology and innovation. This transaction will help us grow our core business and facilitate the development and large-scale deployment of our All-Solid-State-Battery technology."
Jonas Grossman, Chief Executive Officer and Director of CNTQ, added, "As an innovator in the battery space, Dragonfly can transform distributed energy storage with the growth and commercialization of its All-Solid-State-Battery technology. We are excited to support the team as they become a public company."
Transaction Overview
The business combination values Dragonfly at an implied $500.1 million pro forma enterprise value. Estimated cash proceeds to the combined company are expected to consist of CNTQ's approximately $128 million of cash in trust (assuming no redemptions) and an additional $230 million consisting of $75 million senior secured term loan (used in part to refinance approximately $45 million of outstanding Dragonfly indebtedness), a $5 million equity investment at $10.00 per share from CNTQ's Sponsor, Chardan NexTech Investments 2 LLC, and a $150 million Chardan Equity Facility (ChEFTM) from Chardan, an affiliate of CNTQ's sponsor.
The transaction includes an earn-out provision for up to an additional 40 million shares as follows: 15 million issued if both 2023 audited Revenue and Operating Income reach $250 million and $35 million, respectively; 12.5 million issued at a price target of $22.50 by December 31, 2026; 12.5 million issued at a price target of $32.50 by December 31, 2028. All Dragonfly stockholders will roll 100% of their equity holdings into the new combined company.
A commitment letter and term sheet have been agreed in connection with the $75 million term loan and $150 million equity facility, respectively. The availability of these facilities is subject to the negotiation and execution of related definitive documentation, customary funding conditions and closing of the business combination.
The Boards of Directors of each of Dragonfly and CNTQ have unanimously approved the transaction, the Board of Directors of CNTQ has unanimously recommended to CNTQ stockholders the approval of the transaction, and the requisite stockholders of Dragonfly have approved the transaction. The transaction will require the approval of the stockholders of CNTQ, and is subject to satisfaction or waiver of the conditions stated in the merger agreement and other customary closing conditions, including the receipt of certain regulatory approvals. The transaction is currently expected to close in the second half of 2022.
Additional information about the proposed transaction, including a copy of the merger agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by CNTQ with the Securities and Exchange Commission ("SEC") and will be available on the Dragonfly investor relations page at www.dragonflyenergy.com/investors and at www.sec.gov. More information about the proposed transaction will also be described in CNTQ's proxy statement/prospectus relation to the business combination, which it will file with the SEC.
Advisors
Stifel, Nicolaus & Company, Incorporated is serving as financial advisor. O'Melveny & Myers, LLP and Parsons Beble & Latimer are serving as legal counsel to Dragonfly.
Chardan is serving as financial advisor, Stifel and Chardan are acting as joint placement agents, Skadden, Arps, Slate, Meagher & Flom LLP and Brownstein Hyatt Farber Schreck, LLP are serving as legal counsel to CNTQ.
Energy Impact Partners is serving as lead arranger of the senior secured term loan. Chapman and Cutler LLP is serving as legal counsel to Energy Impact Partners.
Investor Conference Call Information
Dragonfly and CNTQ will host a joint investor conference call at 8:30AM EDT today, May 16, 2022, to discuss the proposed transaction. To listen to the prepared remarks via telephone dial (844) 512-2921 (U.S.) or +1 (412) 317-6671 (International) and utilize the pin number: 150206. The telephone replay will be available utilizing this same number, through May 30, 2022 at 11:59 PM ET.
A transcript of this conference call can also be found on Dragonfly's Investor page and will be filed by CNTQ with the SEC, which will be available on the SEC's website at www.sec.gov. Additionally, CNTQ will file the investor presentation and a transcript of the investor conference call with the SEC as an exhibit to a Current Report on Form 8-K, which will be available on the SEC's website at www.sec.gov.
About Dragonfly
Dragonfly Energy Corp., headquartered in Reno, Nevada, is a leading manufacturer of deep cycle lithium-ion batteries. Dragonfly's battery products are designed and assembled in the USA, and the Company's research and development initiatives are revolutionizing the energy storage industry through innovative technologies and manufacturing processes. Today, Dragonfly's non-toxic deep cycle lithium-ion batteries are displacing lead-acid batteries across a wide range of end-markets, including RVs, marine vessels, off-grid installations, and other storage applications. Dragonfly is also focused on delivering an energy storage solution that enables a more sustainable and reliable smart grid through the future deployment of the Company's proprietary and patented solid-state cell technology. To learn more, visit www.dragonflyenergy.com/investors.
About Chardan NexTech Acquisition 2 Corp.
Chardan NexTech Acquisition 2 Corp. (Nasdaq 'CNTQ') is a blank check company led by its Chairman of the Board of Directors, Kerry Propper, its Chief Executive Officer and Director, Jonas Grossman, and its Chief Financial Officer and Director, Alex Weil. The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The Company has focused its search for a target business operating in disruptive technologies. To learn more, visit https://www.cnaq.com/.
Forward-Looking Statements
This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, including certain financial forecasts and projections. All statements other than statements of historical fact contained in this press release, including statements as to the transactions contemplated by the business combination and related agreements, future results of operations and financial position, revenue and other metrics, planned products and services, business strategy and plans, objectives of management for future operations of Dragonfly, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the control of Dragonfly or CNTQ) which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by CNTQ and its management, and Dragonfly and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to: 1) the occurrence of any event, change or other circumstances that could give rise to the termination of the definitive merger agreement with respect to the business combination; 2) the outcome of any legal proceedings that may be instituted against Dragonfly, CNTQ, the combined company or others following the announcement of the business combination and the transactions contemplated thereby; 3) the inability to complete the business combination due to the failure to obtain approval of the stockholders of CNTQ or Dragonfly, or to satisfy other conditions to closing the business combination; 4) changes to the proposed structure of the business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the business combination; 5) the ability to meet Nasdaq's listing standards following the consummation of the business combination; 6) the risk that the business combination disrupts current plans and operations of Dragonfly as a result of the announcement and consummation of the business combination; 7) the inability to recognize the anticipated benefits of the business combination; 8) ability of Dragonfly to successfully increase market penetration into its target markets; 9) the addressable markets that Dragonfly intends to target do not grow as expected; 10) the loss of any key executives; 11) the loss of any relationships with key suppliers including suppliers in China; 12) the loss of any relationships with key customers; 13) the inability to protect Dragonfly's patents and other intellectual property; 14) the failure to successfully optimize solid state cells or to produce commercially viable solid state cells in a timely manner or at all, or to scale to mass production; 15) costs related to the business combination; 16) changes in applicable laws or regulations; 17) the possibility that Dragonfly or the combined company may be adversely affected by other economic, business and/or competitive factors; 18) Dragonfly's estimates of its growth and projected financial results for 2022 and 2023 and meeting or satisfying the underlying assumptions with respect thereto; 19) the risk that the business combination may not be completed in a timely manner or at all, which may adversely affect the price of CNTQ's securities; 20) the risk that the transaction may not be completed by CNTQ's business combination deadline (as may be extended pursuant to CNTQ's governing documents); 21) the impact of the novel coronavirus disease pandemic, including any mutations or variants thereof, and its effect on business and financial conditions; 22) inability to complete the PIPE investment, the term loan and equity line (ChEF) in connection with the business combination; and 23) other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in CNTQ's Form S-1 (File Nos. 333-252449 and 333-253016), Annual Report on Form 10-K for the year ended December 31, 2021 and registration statement on Form S-4 with the SEC, which will include a document that serves as a prospectus and proxy statement of CNTQ, referred to as a proxy statement/prospectus and other documents filed by CNTQ from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither CNTQ nor Dragonfly gives any assurance that either CNTQ or Dragonfly or the combined company will achieve its expected results. Neither CNTQ nor Dragonfly undertakes any duty to update these forward-looking statements, except as otherwise required by law. For additional information, see "Risk Considerations" in the investor presentation, which will be provided in a Current Report on Form 8-K to be filed by CNTQ with the SEC and available at www.sec.gov.
Financial Information; Non-GAAP Measures
Certain financial information and data contained in this press release is unaudited and may not conform to Regulation S-X. Such information and data may not be included in, may be adjusted in or may be presented differently in the registration statement to be filed relating to the proposed business combination and the proxy statement/prospectus contained therein.
This press release also includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") including, but not limited to, Adjusted EBITDA. These non-GAAP financial measures, and other measures that are calculated using these non-GAAP measures, are not measures of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing Dragonfly's financial results. Therefore, these measures should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware that Dragonfly's presentation of these measures may not be comparable to similarly-titled measures used by other companies. Dragonfly believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to Dragonfly's financial condition and results of operations. CNTQ and Dragonfly believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing Dragonfly's financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures.
This press release may also include certain projections of non-GAAP financial measures. See 'Use of Projections" below.
Use of Projections
This press release may contain financial forecasts of Dragonfly. Neither Dragonfly's independent auditors, nor the independent registered public accounting firm of CNTQ, audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this press release, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this press release. These projections are forward-looking statements and should not be relied upon as being necessarily indicative of future results. The projected financial information contained in this press release constitutes forward-looking information. The assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See "Forward-Looking Statements" above. Accordingly, there can be no assurance that the prospective results are indicative of future performance of Dragonfly or that actual results will not differ materially from the results presented in the prospective financial information contained in this press release. Actual results may differ materially from the results contemplated by the projected financial information contained in this press release. The inclusion of such information in this press release should not be regarded as a representation by any person that the results reflected in such projections will be achieved.
Additional Information and Where to Find It
This press release relates to a proposed transaction between CNTQ and Dragonfly. CNTQ intends to file a registration statement on Form S-4 with the SEC, which will include a document that serves as a prospectus and proxy statement of CNTQ, referred to as a proxy statement/prospectus. A proxy statement/prospectus will be sent to all CNTQ stockholders. CNTQ also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of CNTQ are urged to read the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction.
Investors and security holders will be able to obtain free copies of the registration statement, the proxy statement/prospectus and all other relevant documents filed or that will be filed with the SEC by CNTQ through the website maintained by the SEC at www.sec.gov.
The documents filed by CNTQ with the SEC also may be obtained by contacting Chardan NexTech Acquisition 2 Corp. at 17 State Street, 21st Floor, New York, New York 10004, or by calling (646) 465-9001.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THIS PRESS RELEASE, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS PRESS RELEASE. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Participants in the Solicitation
Dragonfly, CNTQ and certain of their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitation of proxies from CNTQ's shareholders in connection with the proposed business combination. A list of the names of such persons and information regarding their interests in the proposed business combination will be contained in the proxy statement/prospectus when available. You may obtain free copies of these documents free of charge by directing a written request to CNTQ or Dragonfly. The definitive proxy statement will be mailed to CNTQ's shareholders as of a record date to be established for voting on the proposed business combination when it becomes available.
No Offer or Solicitation
This press release is and the information contained therein are not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.
Contacts:
Investor Relations – Dragonfly
Sioban Hickie, ICR, Inc.
DragonflyIR@icrinc.com
Public Relations, Media – Dragonfly
Zach Gorin, ICR, Inc.
DragonflyPR@icrinc.com
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SOURCE Dragonfly Energy and Chardan NexTech Acquisition 2 Corp. | https://www.wibw.com/prnewswire/2022/05/16/dragonfly-energy-leading-energy-storage-company-publicly-list-nasdaq-through-business-combination-with-chardan-nextech-acquisition-2-corp/ | 2022-05-16T11:38:39Z |
BEIJING, July 20, 2022 /PRNewswire/ -- In the early summer, the Yangtze River is lush with greenery along its banks, with fish swimming in the crystal clear waters.
For a long time in the past, however, the Yangtze River scenery had been quite different. Due to overfishing and other human activities, numbers of rare and endemic species in Yangtze River waters declined, with several fish species favored for commercial purposes close to depletion.
That was until a 10-year fishing ban went into full effect on January 1, 2021. From then on, the 10-year fishing moratorium in all natural waterways along the Yangtze River came into effect, with some 231,000 fishermen handing in nearly 111,000 boats in a dozen provincial-level regions, leading to a comprehensive green transformation of the economic and social development of the Yangtze River Basin.
The 10-year fishing ban in the Yangtze River is a strategic initiative mainly aimed at restoring the ecology of the Yangtze River. We will see the results in 10 years, said Chinese President Xi Jinping, who is also the general secretary of the Communist Party of China (CPC) Central Committee, when he inspected local efforts in improving the overall environment along the shoreline of the Yangtze River, as well as the enforcement of fishing-ban policies, in Nantong, East China's Jiangsu Province in November 2020. Nantong is a city along the Yangtze River.
The 19th Central Committee of the CPC has attached greater importance to the protection of the Yangtze River. With such a goal in place, CPC members have strengthened their responsibility and commitment to working on the frontlines in the strict implementation of the fishing-ban initiative, which is of great significance to the promotion of the Yangtze River Economic Belt green development, safeguarding the interests of people along the river, and guaranteeing national ecological security.
Forty-six-year-old Mo Hongyuan, deputy chief of the Yichang Fishery Supervision Detachment in Central China's Hubei Province, is one of the strivers. Mo's daily work is fighting illegal fishing activities and providing advice to fishermen who have returned ashore.
"As a CPC member, I feel very honored to participate in the 10-year fishing-ban campaign on China's mother river and actually see positive results," Mo told the Global Times.
Thunder Action
In order to save the life of a Yangtze finless porpoise, passage of ships along the Yichang section of China's "Golden Waterway" was halted for 12 minutes. Four months ago, the successful conclusion of a thrilling rescue operation was the most fulfilling thing Mo has done by far this year.
On February 9, Mo received a warning that a Yangtze finless porpoise was ensnared in abandoned ropes in the river. He immediately rushed to the porpoise's location while contacting the Three Gorges Navigation Command Center to request for a ship slowdown so as not to risk injury to the porpoise.
After having received emergency instructions from the command center, all the vessels waiting to cross the lock at the Gezhouba Dam on the river did not hesitate to comply.
In the end, with the coordinated efforts of Mo and members from a rescue team, it took 20 minutes to free the porpoise. According to observations made later, the porpoise also gave birth successfully in the Yangtze River.
"We all treasure the Yangtze finless porpoise, which is a unique endemic species to the Yangtze River. At present, in Yichang, people can see them. This reflects the effectiveness of the national fishing ban and other ecological management measures taken on the river in recent years," Mo said.
Mo, who had served in the PLA Air Force for 16 years, joined the CPC during a military exercise in 2000. In his eyes, party membership is synonymous with responsibility and commitment.
In 2011, Mo retired from the army and was assigned to the Yichang Fishery Supervision Detachment to take up the responsibilities of fisheries ecological environmental protection and law enforcement supervision. At the time, he was worried about the status of the endangered Yangtze finless porpoise.
Feeding on small fish and shrimp, porpoises had gradually disappeared following a sharp decline in fishery resources in the Yangtze River. Before 2015, the number of finless porpoises in the Yichang section of the Yangtze River was only two to three. But in 2018, data showed that about 1,012 Yangtze finless porpoises remained, Mo noted.
Mo said that Yichang used to be hard hit by overfishing because it is located at the junction of the upper and middle reaches of the Yangtze River and the heart of the Three Gorges Dam reservoir area. These factors, combined with an abundance of fishery resources, made it ripe for illegal fishing.
"Driven by economic interests, fishermen working illegally are highly organized and difficult to detect. However, we always take a zero-tolerance approach toward illegal fishing and never ignore any clues." he noted.
"Fisheries law enforcement is dangerous and stressful, but fortunately, our law enforcement team listens to the Party command and has a strong sense of duty and responsibility. Party members always commit to the task at hand on frontline," Mo noted.
The day before his interview with the Global Times, Mo had just concluded a nighttime patrol mission.
In June, which is fish breeding season, fish go near the shore to spawn where a handful of criminals lurk. Mo said that at present, their law enforcement team works on a 24-hour rotating duty schedule, and not only conducts patrols along the river , but also carries out unannounced inspections and visits to restaurants that sell freshwater fish.
Since 2018, Yichang has taken the lead in banning fishing and in setting up a natural reserve for the Chinese sturgeon. Mo has dealt with 39 cases of illegal fishing and has seized 347 kilograms of illegally caught fish.
Mo said that the central government's fishing-ban policies not only took out a thunderous force, but also consolidated the results with a series of long-term scientific regulatory mechanism.
"The central government has integrated maritime, public security, river waterway and market supervision authorities to establish a round-the-clock, full coverage law enforcement and supervision network, demonstrating China's determination to ban overfishing and forming a strong deterrent," he said.
Extensive mobilization
Through the joint efforts of the provinces and municipalities along the river and the relevant departments, the current Yangtze River fishing ban has achieved phased results.
Mo and his teammates realized that their next stage's work should to be carried out to a higher standard.
"From regulating fishing activities in natural waterways to ensuring the resettlement of fishermen, all aspects of the work have to be meticulously implemented to achieve an increase in fish stocks, better water quality, and people's greater happiness," Mo said.
In Mo's view, the resolute implementation of the 10-year fishing ban along the Yangtze River reflects the courage and boldness of the CPC rather than a series of arbitrary, one-size-fits-all initiatives.
Mo noted that since 2016, agricultural authorities in Yichang have carried out several surveys of fishing-ban measures to better understand the sentiments and urgent needs of fishermen, which has laid a foundation for local fishermen to transition to work on land after giving up fishing.
By the end of March 2022, Hubei Province had raised 5.885 billion yuan ($874 million) in compensation and subsidies for those who have quit fishing. At the same time, through employment services, skills training, entrepreneurial support, and other initiatives, 23,396 fishermen have made a successful switch to other fields of work.
Some of the retired fishermen were recruited as river rangers, with each person receiving an additional government subsidy of 10,000 yuan a year.
"I was once worried about how the livelihoods of these fishermen would be secured after they have given up fishing, because the reality of survey results in some areas showed that more than half of the fishermen had less than a junior high school education. But now that I see them living and working happily, I am glad that the starting point and the foothold of the ruling Party's policies are the interests of the people," Mo said.
Mo believes the 10-year fishing ban is a publicity campaign, in which monitoring is the main objective, but the change in public opinion is key.
In order to get more people to join the ranks in protecting the Yangtze River. Mo often distributes brochures in the community to disseminate information on the dangers that illegal fishing could cause to the ecology of the Yangtze River. With calls from people like Mo, more and more enterprises, organizations, and individuals are joining the fishing-ban campaign. Straw Circle and The Three Gorges Antworks Team are two of them.The Straw Circle, an NGO, has long been committed to protecting the Yangtze finless porpoise, and The Three Gorges Antworks Team has regularly organized volunteers to clean up garbage from both sides of the river.
Mo, and millions of other Chinese people who care about the Yangtze River, are confident about the future ecological restoration effect.
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SOURCE Global Times | https://www.mysuncoast.com/prnewswire/2022/07/20/global-times-resolute-implementation-10-year-yangtze-fishing-ban-reflects-cpcs-determination-restore-ecology-commitment-people/ | 2022-07-20T13:53:38Z |
At least 1 killed, 23 hurt in rare northern Michigan tornado
GAYLORD, Mich. (AP) — A tornado tore through a small northern Michigan community on Friday, killing at least one person and injuring at least 23 others as it flipped vehicles, tore the roofs off of buildings, and downed trees and power lines.
The twister hit Gaylord, a city of about 4,200 people roughly 230 miles northwest of Detroit, at around 3:45 p.m.
Mike Klepadlo, owner of Alter-Start North, a car repair shop, said he and his workers took cover in a bathroom.
“I’m lucky I’m alive. It blew the back off the building,” he said. “Twenty feet of the back wall is gone. The whole roof is missing. At least half the building is still here. It’s bad.”
Emma Goddard, 15, said she was at work making a smoothie for a customer when she got a phone alert about the tornado. Thinking the weather outside looked “stormy, but not scary,” she dismissed it and returned to what she was doing. Her mother then called and she assured her mom she was ok.
“Not even two minutes later I was pouring the smoothie when all of a sudden my co-worker’s mom rushed through the front door of Tropical Smoothie and yelled for us to run to the back of the building because there was a funnel cloud coming our way,” Goddard told The Associated Press by text message.
They took shelter in the walk-in cooler, where they could hear windows shattering.
“I was crammed shoulder-to-shoulder with my seven co-workers, two of my co-workers’ parents and a lady from Door Dash coming to pick up her smoothies.”
After about 15 minutes, they left the cooler and could smell natural gas, she said.
“As soon as we stepped outside we were shocked to find some of our cars in pieces and insulation all over the ground,” Goddard wrote, noting that three neighboring businesses were destroyed.
Brian Lawson, a spokesman for Munson Healthcare, said Gaylord-Otsego Memorial Hospital was treating 23 people who were injured by the tornado and that one person was killed. He didn’t know the conditions of the injured or the name of the person who died.
Lawson said the pace of people being brought to the hospital had slowed by Friday evening.
“From what I’m gathering, things have stabilized a bit,” he said.
Video posted online showed a dark funnel cloud materialize out of a cloud as nervous drivers looked on or slowly drove away, uncertain of its path.
Other video showed extensive damage along the city’s Main Street. One building appeared to be largely collapsed and a Goodwill store was badly damaged. A collapsed utility pole lay on the side of the road, and debris, including what appeared to be electrical wires and parts of a Marathon gas station, was scattered all along the street.
The Red Cross was setting up a shelter at a church.
Brandie Slough, 42, said she and a teen daughter sought safety in a restroom at a Culver’s. Windows of the fast food restaurant were blown out when they emerged, and her pickup truck had been flipped on its roof in the parking lot.
“We shook our heads in disbelief but are thankful to be safe. At that point, who cares about the truck,” Slough said.
Eddie Thrasher, 55, said he was sitting in his car outside an auto parts store when the tornado seemed to appear above him.
“There are roofs ripped off businesses, a row of industrial-type warehouses,” Thrasher said. “RVs were flipped upside down and destroyed. There were a lot of emergency vehicles heading from the east side of town.”
He said he ran into the store to ride it out.
“My adrenaline was going like crazy,” Thrasher said. “In less than five minutes it was over.”
Extreme winds are uncommon in this part of Michigan because the Great Lakes suck energy out of storms, especially early in spring when the lakes are very cold, said Jim Keysor, a Gaylord-based meteorologist with the National Weather Service.
“Many kids and young adults would have never experienced any direct severe weather if they had lived in Gaylord their entire lives,” he said.
The last time Gaylord had a severe wind storm was in 1998, when straight-line winds reached 100 mph, Keysor said. He said the conditions that spawned Friday’s twister included a cold front moving in from Wisconsin and hitting hot and humid air over Gaylord, with the added ingredient of turning winds in the lower part of the atmosphere.
Gaylord, known as the “Alpine Village,” is set to celebrate its 100th birthday this year, with a centennial celebration that will include a parade and open house at City Hall later this summer.
The community also holds the annual Alpenfest in July, an Alpine-inspired celebration honoring the city’s heritage and a partnership with a sister city in Switzerland.
___
White reported from Detroit. AP reporters Corey Williams in Detroit, Ken Kusmer in Indianapolis, Sara Burnett in Chicago and Steve Karnowski in Minneapolis contributed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/21/least-1-dead-23-hurt-northern-michigan-tornado/ | 2022-05-21T01:01:03Z |
AAA members to receive exclusive rates on expedited travel document processing.
WEST PALM BEACH, Fla., June 28, 2022 /PRNewswire/ -- RushMyPassport, one of the most trusted names in online U.S. Passport expediting has teamed up with AAA, one of North America's largest membership organizations and dependable brands, to provide exclusive pricing to AAA members on expediting services for U.S. passports and global travel visas. This new service offering is available immediately to all AAA members nationwide, just in time for the busy summer travel season.
Currently, the Department of State (DOS) is processing passport applications in 8-11 weeks for routine processing and 5-7 weeks for expedited. While these speeds are an improvement over the last two years during the pandemic, they could still present a challenge for many international travelers. And according to the Department of State, the DOS has processed approximately 14 million fewer passports in the last two years than they would normally in non-pandemic times. Now, as international travel begins to ramp up, coupled with pent-up demand, the number of people looking to get their applications processed is likely to be at an all-time high.
The good news for international travelers is that AAA Travel is here to help.
By teaming up with RushMyPassport, a subsidiary of Expedited Travel LLC, AAA Travel now provides turnkey passport and travel visa concierge services to its members nationwide. By adding this expanded offering to the AAA Travel portfolio, it allows members to simply go online to the dedicated ordering website to obtain their vital travel documents and receive exclusive AAA discounts on expedited services.
"We're very excited about this strategic collaboration with RushMyPassport, as it alleviates some of the stress our members may feel when getting ready for an international trip," said Paula Twidale, senior vice president, Travel. "Many of us have experienced the anxiety of realizing that our passport is not up-to-date for an upcoming trip or that a travel visa may be required for a specific destination. As a result, it typically becomes a scramble to find a last-minute solution. Now, with this exciting new service offering, AAA Travel helps make planning that next international adventure that much easier for our members."
RushMyPassport leverages its proprietary application wizard technology to create personalized application packets and customized checklists to ensure each application is done correctly the first time. Their online application technology walks users through the entire process step-by-step, making it easy to use and understand, while eliminating the confusion and common errors that often arise by doing it yourself. In addition, their team of expert passport advisors are available via phone, email, or chat to provide personalized support when and where it is needed.
Other important benefits include full tracking visibility to keep individuals up to date on their application status. Plus, AAA members can also select various add-on services, including Passport Protection (lost/stolen/damaged passports), Passports Cards (wallet sized cards as a secondary ID), and Rapid Covid-19 Antigen Test Kits.
This comprehensive service offering combines personalized service, support, fast processing and more for simplicity and added peace of mind.
"We are the country's largest travel document processing company," said Charlie Cobb, Chief Operating Officer for Expedited Travel. "We can expedite passport and travel visa applications with the Department of State and local embassies and consulates which is a huge benefit to AAA members and RushMyPassport customers alike. We also remove additional barriers to help people get where they want to go, and we are thrilled to work with AAA Travel to help ensure their members are taken care of and fully supported."
For more information, please visit: AAA.com/Passport
Started in 1902 by automotive enthusiasts who wanted to chart a path for better roads in America and advocate for safe mobility, AAA has transformed into one of North America's largest membership organizations. Today, AAA provides roadside assistance, travel, discounts, financial and insurance services to enhance the life journey of 62 million members across North America, including 56 million in the United States. To learn more about all AAA has to offer or to become a member, visit AAA.com
RushMyPassport.com, a subsidiary of Expedited Travel LLC, is registered with U.S. Passport Agencies and is an industry leader in expediting U.S. passports. Leveraging smart-form automation and trained passport specialists, RushMyPassport has emerged as one of the most trusted names in U.S. Passport expediting services. For more information, visit AAA.RushMyPassport.com
As a leading provider of travel document services, Expedited Travel operates through its brands RushMyPassport, G3 Global Services, RushMyTravelVisa, and GovWorks. Collectively, these brands cover the entire spectrum of the travel industry, from retail passports and visa services to corporate travel, document authentication, and passport photos. Expedited Travel helps improve the customer experience with government services by helping individual travelers and corporate travels alike navigate the entire process.
Media Inquiries
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SOURCE RushMyPassport | https://www.wibw.com/prnewswire/2022/06/28/rushmypassport-aaa-travel-offer-expedited-us-passport-travel-visa-services/ | 2022-06-28T12:56:56Z |
US closer to a fourth, ‘more traditional’ COVID-19 vaccine
(CNN) - The United States is one step closer to having a fourth COVID-19 vaccine.
Novavax’s vaccine is protein-based and created in more of a traditional way. It uses technology that differs from the three vaccines already in use in the U.S.
”The more we have the better,” emergency physician at Brigham and Women’s Hospital Dr. Jeremy Faust said.
Novavax says two doses of its vaccine provides about 90% efficacy in protecting people 18 and over against COVID-19. However, the clinical trials were done before omicron became the dominant variant in the U.S.
The most common adverse reactions included headache, nausea or vomiting, injection site pain and fatigue. There is also some evidence of a rare swelling of the heart that has also been reported at times in people who get one of the other COVID-19 vaccines.
The vaccine is being made by using small labratory-built pieces of the coronavirus to stimulate immunity.
”I think there are still some holdouts that say, ‘Oh, the platform, the mRNA platform is too new,’ and Novavax is kind of an older technology,” Faust said.
Health officials hope that will make it more appealing to people who have concerns about newer technology.
Right now, about two-thirds of the population is fully vaccinated with at least their initial series, but less than one-third have gotten a booster, according to the Centers for Disease Control and Prevention.
If the Food and Drug Administration gives emergency-use authorization, Novavax expects its first shipment to the U.S. to be a few million doses.
Novavax has gotten its COVID-19 vaccine authorized for use in people 18 and over in more than 40 other countries. It also has an emergency use listing from the World Health Organization.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/09/us-closer-fourth-more-traditional-covid-19-vaccine/ | 2022-06-09T15:39:13Z |
BOSTON, Sept. 8, 2022 /PRNewswire/ -- Burns & Levinson today announced that it represented MedMinder, the leader in connected pharmacy care for polypharmacy and senior patients, in an additional $35 million in funding through a credit facility with SWK Holdings Corporation and additional investment from existing equity partner, Accelmed Partners. The credit facility, which closed on August 30, 2022, will allow MedMinder to further its mission of enabling patients to age at home by increasing capacity to meet growing demand, offering its holistic pharmacy services nationally, and building innovative virtual care, clinical and technological capabilities.
The Burns & Levinson deal team was led by partner Gil Breiman with significant contributions from partners Caitlin Barrett and Alison Harrall and associates Michael Andreasen and Kaitlin Spurling. The firm serves as general corporate counsel to MedMinder, and supports the company on general corporate matters, equity and debt financings, corporate governance, strategic agreements, regulatory advice and compliance, employment matters, and dispute resolution.
"It is an honor to work with MedMinder and to be a part of their impressive growth," said Breiman. "This most recent funding is the result of their hard work, innovation and commitment to reducing the overall cost of our healthcare system and to making life better for high-risk and vulnerable patients. We look forward to working with CEO Mike Edwards and his stellar management team as we traverse many opportunities ahead."
"Burns & Levinson is an invaluable partner to our company. Their vast understanding of the health care industry, financial markets, and corporate/regulatory issues has been pivotal to MedMinder's success. We are fortunate to have Gil and his team by our side as we continue the next exciting phase in our strategic growth plan," said Mike Edwards, CEO of MedMinder.
About MedMinder
MedMinder is the leading connected pharmacy care solution for seniors and polypharmacy patients. Founded in 2007, MedMinder currently employs over 180 team members and is a recognized ultra-high-growth pharmacy care organization. MedMinder's touch screen-enabled, automatic pill dispenser is the first device on the market capable of offering medications from its integrated pharmacy directly to patients in pre-organized daily trays for the entire month. With a customer-centric approach, MedMinder is continually innovating to improve and meet the evolving needs of patients, caregivers, practitioners and payors. More information can be found at www.medminder.com.
About Burns & Levinson LLP
At Burns & Levinson, we provide high-level, client-centric and results-oriented legal services to our regional, national and international clients. We are a full-service law firm with 130 lawyers in Boston, Providence and London. Our areas of expertise include: business/finance, business litigation, divorce/family law, venture capital/emerging companies, employment, estate planning, government investigations, intellectual property, M&A/private equity, probate/trust litigation, and real estate. We partner with our clients to solve their business and personal legal issues in a collaborative, creative and cost-effective way. For more information, visit Burns & Levinson at www.burnslev.com.
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SOURCE Burns & Levinson | https://www.wibw.com/prnewswire/2022/09/08/burns-amp-levinson-represents-medminder-35-million-funding/ | 2022-09-08T17:07:16Z |
By Chris Higens, President, Animal Welfare League
CHICAGO, Aug. 10, 2022 /PRNewswire/ -- In 1903, the first ever American cross-country auto trip took place. Ken Burns, the famous documentary filmmaker chronicled this historic event in a film titled "Horatio's Drive." Dr. Horatio Nelson Jackson undertook this first drive along with Bud, his American Stafford Terrier.
It is quite fitting that the first dog to travel coast to coast by car in America would be an American Stafford Terrier, because, as anyone who really knows this breed of dog will tell you, there is no breed of dog that more clearly personifies the American spirit of courage, loyalty and fidelity than the American Stafford Terrier or, what people commonly refer to as the American Pitbull.
The origins of America's dog can be traced as far back as the early 16th century in England. And it is little wonder that reputation for courage, stamina and loyalty would earn them passage with colonists sailing on some of the first ships to the new world.
In America, domesticated canines had been around for at least 10,000 years and in fact, the Illinois area seems to hold most of the evidence yet found of ancient, domesticated canines than anywhere else on the continent. So, it is probably little wonder that researchers seeking to discover the origins of what would become the "American" version of the bull terrier would bring them to Illinois in search of genetic links that may present clues.
Like many common breeds today, the makeup of the American Pitbull is not fully agreed upon. All we know for sure is that the dogs that sailed from England centuries ago show little resemblance to their modern progenies. But while its looks, size and colorings may have changed, it is an undisputed fact that the soul of the animal lives on within the breed. The American Stafford Terrier is still regarded by many dog breeders and lovers as the dog that comes closest to personifying the adage of being "man's best friend".
It is more than simply unfortunate — it is heartbreaking that the reputation of America's greatest gift to domesticated canine husbandry has fallen into such ill repute. The American Stafford Terrier or Pitbull displays the perfect characteristics sought by pet owners. They are known to be loyal to the point of sacrificing their lives to save or protect their family members. They are intelligent and quickly learn the rules set down by their masters. They make excellent family pets and are great around kids. Being short-haired, they don't shed as much as other dogs, and are easier to keep clean. While they are not considered large animals, their frame and physical presence still command attention from strangers, making them an ideal companion for walks along city streets late at night.
So why is it that this incredible American creation, this perfect companion so eager to love, protect, and fully blend in with any size family, has come under such harsh criticism of late?
Just like human beings, animals — even animals of the same breed and from the same litter — vary in many ways. They all have unique personalities and are subject to hereditary traits that may or may not be associated with the breed. Because they are living entities, every one of them can also be damaged through environmental exposures, disease, genetics, neglect and abuse.
This is why it is so important that people obtain their pet — any type of pet — from a reputable source. This is also why we at the Animal Welfare League don't immediately put animals into the arms of people walking through our doors. We ask questions, we require applications, and we watch closely at how an animal reacts to a potential adopter. We have been criticized on social media for not immediately allowing people to adopt animals at our shelters. But people must understand that we are not in the business of finding animals for people, we are in the business of finding the right people for our animals. For more than 86 years, we have been putting animals and people together in relationships that, most often, we see blossom. We strive to find a home for all of the animals under our care but, unfortunately, there are times when we cannot allow an adoption because we feel that it is not in the best interest of the animal in question.
The bully breeds are no exception to this policy. Not every person or family can provide the right care for a large dog, a high-energy dog, or a dog suffering from anxiety or some other emotional problem. And it is because some rescues and shelters are too eager to close adoptions and keep their cages turning over that we see people being harmed by large breed or popular breed animals.
Pitbulls are getting a bad reputation not because they are a bad breed of dog. They are, in fact, a great breed of dog sought after by too many people that are simply not equipped to provide the handling and attention required of a highly intelligent and physically strong canine.
If you and/or your family are looking to bring some new love into the household, we would be happy to help you find the right animal. The bully breeds make great pets, but they are not for everyone. Stop by our shelter in Chicago Ridge and let us help you find your next big love that may, or may not, come in a big size.
"Where would they be without us?"
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SOURCE Animal Protective League | https://www.kxii.com/prnewswire/2022/08/10/why-adopting-your-pittie-reputable-source-is-so-important/ | 2022-08-10T19:28:31Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Waste Management, Inc. (NYSE: WM) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of all purchasers of certain Waste Management redeemable senior notes between February 13, 2020 and June 23, 2020.
Lead Plaintiff Deadline: August 8, 2022
No obligation or cost to you.
Learn more about your recoverable losses in WM:
https://www.kleinstocklaw.com/pslra-1/waste-management-inc-loss-submission-form?id=29927&from=4
Waste Management, Inc. NEWS - WM NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Waste Management, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million indicated in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be completed by July 14, 2020, the end date under the merger agreement; and (iii) the Waste Management redeemable senior notes would be subject to mandatory redemption at 101% of par.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Waste Management you have until August 8, 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 Waste Management 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 WM lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/waste-management-inc-loss-submission-form?id=29927&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/07/19/wm-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-8-2022-class-action-filed-behalf-waste-management-inc-shareholders/ | 2022-07-19T10:29:46Z |
NEW YORK, May 4, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Organogenesis Holdings Inc. (NASDAQ: ORGO).
If you are a shareholder of Organogenesis Holdings Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
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SOURCE Purcell & Lefkowitz LLP | https://www.wibw.com/prnewswire/2022/05/04/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-organogenesis-holdings-inc-potential-breaches-fiduciary-duty-by-its-board-directors/ | 2022-05-04T22:31:51Z |
ATLANTA, Sept. 1, 2022 /PRNewswire/ -- Inc. magazine recently revealed that Herb'N Eden, an all-natural skincare company, is ranked No. 125 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a look at the most successful companies within the economy's independent businesses. Facebook, Under Armour, Microsoft, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
In addition to the national ranking, Herb'N Eden ranked No. 10 in Georgia and No. 12 in Consumer Products. "It has been nothing short of amazing to see the hard work we put in manifest into this type of recognition," says Terran Lewis, Co-Founder of Herb'N Eden. "We celebrate the growth we have been able to see in such a short amount of time, and we thank those who have supported us through their purchases, endorsements, likes and follows."
Quinton and Terran Lewis founded Herb'N Eden in 2015 to bring natural skincare products to the forefront of the market. Earlier this year, the husband and wife duo announced receiving a $1.2M investment to help grow and scale their business. Mercantile Venture Capital led the investment with participation from The Core Venture Studio, both stating that they were impressed with the Lewis' ability to sustain growth beyond the pandemic year while remaining risk-averse and prioritizing customer communications.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
"We recognize how big of a feat it is to not only run a business amidst financial hardship but to grow as well. We're looking forward to continuing to reach new heights that will help pave a way for other Black entrepreneurs to to do the same," added Quinton Lewis.
To learn more about Herb N' Eden, visit www.herbneden.com.
Herb'N Eden's mission is to create holistic bath and body products that help maintain skin health. With products made from botanical ingredients and essential oils, Herb'N Eden strives to empower others with an alternative to the harsh chemicals found in today's market. For more information on Herb'N Eden, visit http://herbneden.com
Media Contact: Dorianne Kaboya, 678-451-7147, dorianne@medley-inc.com
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SOURCE Herb'N Eden | https://www.mysuncoast.com/prnewswire/2022/09/01/georgia-based-natural-skincare-brand-ranks-among-inc-500/ | 2022-09-01T19:06:53Z |
CINCINNATI (AP) — Hunter Greene allowed a bunt single to begin the game and then faced the minimum through seven innings, retiring his final 20 batters as the Cincinnati Reds defeated the Arizona Diamondbacks 7-0 in a rain-shortened game Monday night.
“That may be the best I’ve seen him pitch,” Reds manager David Bell said. “It was just a great mix of pitches. It makes for an uncomfortable at-bat when he locates his pitches. He got a lot of fly balls. He just set up his pitches really well.”
Brandon Drury hit his 10th homer of the season. Kyle Farmer and Tyler Stephenson each had a two-run double.
The start was delayed 13 minutes due to showers, then a larger line of storms moved in and halted play with two outs in the bottom of the seventh. After another 46-minute delay, the game was called.
The second overall pick in the 2017 draft, Greene (3-7) yielded a bunt single down the third base line by Daulton Varsho to begin the game. Varsho was caught stealing to complete a double play after Josh Varsho struck out.
The 22-year-old Greene never permitted another baserunner.
Greene pitched 7 1/3 hitless innings on May 15 but was removed after 103 pitches and the Reds lost 1-0. This time, he needed only 87 pitches to get through seven innings.
“I kept it real simple,” Greene said. “Some of my past starts, I tried to do a little too much on a pitch. Tonight I just said, ‘Here it is.’ The pitches seemed to be where they needed to be. I throw too hard for them to have a comfortable at-bat.”
The touted rookie finished with eight strikeouts and no walks in the first one-hit complete game for the Reds since Luis Castillo pitched one at St. Louis on Sept. 11, 2020.
“He was at the top of the zone and we got into a little bit of a wrestling match up there,” Diamondbacks manager Torey Lovullo said. “You have to cheat to catch that velocity. He made good adjustments and was burying some breaking balls down in the zone. You have to tip your cap.”
The last complete-game shutout of fewer than nine innings for a Reds pitcher was by Trevor Bauer in a scheduled seven-inning game on Aug. 19, 2020, at Kansas City.
Bronson Arroyo had the last rain-shortened complete game for Cincinnati on July 1, 2013, against the Giants in a game called after six innings.
Drury hit a solo home run in the first. He had a team-leading five homers in May.
Madison Bumgarner (2-5) threw 30 pitches in the first inning, but the Reds managed just one run and left the bases loaded. The veteran left-hander needed 108 pitches to get through five.
Despite throwing 53 pitches, Bumgarner allowed only two runs through the first two innings — one on Nick Senzel’s RBI single. Bumgarner gave up four runs and eight hits in all.
“I didn’t feel like I done good giving up only the two runs,” Bumgarner said. “In this particular case, I felt like I was giving up runs I shouldn’t have given up.”
Bumgarner had words with plate umpire Dan Merzel on a few occasions during his outing.
“It’s frustrating when you throw balls that are all over the plate, they don’t call ’em. Then you throw one that’s two inches off the plate, and they do call ’em,” Bumgarner said. “It’s not that hard.”
The Reds added three runs off Taylor Widener in the seventh before the game was called. Albert Almora Jr. had an RBI single after Stephenson’s two-run double.
Joey Votto’s double in the first was his 800th career extra-base hit.
TARP ON, TARP OFF
The rain came down so heavy and quick in the seventh that it pooled on the tarp, preventing the grounds crew from pulling it over the baselines and the third base portion of the infield, which became saturated before auxiliary tarps could be brought in.
TRAINER’S ROOM
Diamondbacks: C Carson Kelly (left oblique strain) had the day off but is expected to continue his rehab stint at Triple-A Reno on Tuesday. … OF David Peralta left in the fourth with back spasms after making a diving catch. Cooper Hummel replaced him in left field.
Reds: INF Mike Moustakas was placed on the injured list with an unspecified ailment. … 2B Jonathan India will begin a rehab assignment at Triple-A Louisville on Tuesday. … RHP Vladimir Gutierrez had an MRI and was diagnosed with a UCL strain. He will not throw for two weeks.
UP NEXT
Diamondbacks: LHP Tyler Gilbert makes his fourth appearance and third start of the season Tuesday.
Reds: Rookie RHP Graham Ashcraft makes his fourth major league start. He won two of the first three, including a stretch of 13 2/3 consecutive scoreless innings.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/greene-retires-20-straight-in-rain-shortened-win-for-reds/ | 2022-06-08T02:48:03Z |
HAMILTON, Bermuda, Aug. 1, 2022 /PRNewswire/ -- Paratus Energy Services Ltd. ("Paratus") today announced that the Seabras JV, an associated company in which Paratus indirectly holds a 50% equity interest, has been awarded a two-year contract extension by the Brazilian oil and gas company Petróleo Brasileiro S.A. ("PETROBRAS") for Sapura Esmeralda from August 2nd 2022 to August 1st 2024.
The award continues to strengthen Seabras JV's long-term relationship with PETROBRAS, and furthers its position in the robust JV market for Pipe Lay Support Vessels ("PLSVs") in Brazil.
With all 6 PLSVs in the fleet fully contracted for under long term contracts, Seabras JV's contract backlog at the end of July 2022 is $940 million.
Paratus -- Forward-Looking Statements
This release includes forward-looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company's and / or the Paratus Group's (including any member of the Paratus Group) plans, strategies, business prospects, changes and trends in its business and the markets in which it operates. These statements are based on management's current plans, expectations, assumptions and beliefs concerning future events impacting the Company and / or the Paratus Group and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, management's reliance on third party professional advisors and operational partners and providers, the Company's ability (or inability) to control the operations and governance of certain joint ventures and investment vehicles, oil and energy services and solutions market conditions, subsea services market conditions, and offshore drilling market conditions, the cost and timing of capital projects, the performance of operating assets, delay in payment or disputes with customers, the ability to successfully employ operating assets, procure or have access to financing, ability to comply with loan covenants, liquidity and adequacy of cash flow from operations of its subsidiaries and investments, fluctuations in the international price of oil or alternative energy sources, international financial, commodity or currency market conditions, including, in each case, the impact of COVID-19 and related economic conditions, changes in governmental regulations, including in connection with COVID-19, that affect the Paratus Group, increased competition in any of the industries in which the Paratus Group operates, the impact of global economic conditions and global health threats, including in connection with COVID-19, our ability to maintain relationships with suppliers, customers, joint venture partners, professional advisors, operational partners and providers, employees and other third parties and our ability to maintain adequate financing to support our business plans, factors related to the offshore drilling, subsea services, and oil and energy services and solutions markets, the impact of global economic conditions, our liquidity and the adequacy of cash flows for our obligations, including the ability of the Company's subsidiaries and investment vehicles to pay dividends, political and other uncertainties, the concentration of our revenues in certain geographical jurisdictions, limitations on insurance coverage, our ability to attract and retain skilled personnel on commercially reasonable terms, the level of expected capital expenditures, our expected financing of such capital expenditures, and the timing and cost of completion of capital projects, fluctuations in interest rates or exchange rates and currency devaluations relating to foreign or U.S. monetary policy, tax matters, changes in tax laws, treaties and regulations, tax assessments and liabilities for tax issues, legal and regulatory matters, customs and environmental matters, the potential impacts on our business resulting from climate-change or greenhouse gas legislation or regulations, the impact on our business from climate-change related physical changes or changes in weather patterns, and the occurrence of cybersecurity incidents, attacks or other breaches to our information technology systems, including our rig operating systems. Consequently, no forward-looking statement can be guaranteed.
Neither the Company nor any member of the Paratus Group undertakes any obligation to update any forward-looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for us to predict all of these factors. Further, we cannot assess the impact of each such factors on our businesses or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement.
This information was brought to you by Cision http://news.cision.com
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SOURCE Paratus Energy Services Ltd | https://www.kxii.com/prnewswire/2022/08/01/paratus-energy-services-ltd-announces-contract-extension-sapura-esmeralda/ | 2022-08-01T08:22:32Z |
First North American Drop After Being Exiled by Their Home Country
LOS ANGELES, June 24, 2022 /PRNewswire/ -- Viral hitmakers and one of the most popular Russian bands, Little Big, whose video count has more than 2 billion views with previous single Skibidi becoming their most popular video with more than 500 million views and UNO, also a record breaker for the band - becoming the most viewed video in the history of the Eurovision Song Contest YouTube channel with impressive 187 million views, is bringing to the United States for the first time their new single and music video Generation Cancellation. Recently exiled from their homeland for releasing a bold anti-war statement directed by Alina Pasok and Ilia Prusikin, the band is making a powerful stand with this new track.
Known for their apolitical position, Generation Cancellation comes at a time when being Russian and apolitical is simply impossible, indeed it's impossible not to react to the current state of things. Since Russia's invasion of Ukraine many Russian citizens needed to choose a side and unfortunately those vocal against the war in Ukraine and Russia's external and internal politics had to escape the country for their own safety and safety of their families.
Generation Cancellation is the band's visual manifesto criticizing the war, the politics, the propaganda in their signature style through a series of scenes filled with socio-political references and easter eggs. Sonically, the track is a tribute to Ilia's favorite bands such as Nirvana and The Prodigy.
"We love our country, but we disagree so much with the war in Ukraine and we believe that any kind of war is unacceptable. We condemn the actions of the Russian government and we were so disgusted by the Russian war propaganda that we decided to leave everything behind and start our lives from scratch," shares Ilia Prusikin, the band's frontman.
Little Big is a Los Angeles-based punk-pop-rave band with a super-virus audio-visual project and a fanbase expanding through the USA, Russia, Ukraine, Spain, Canada, United Kingdom, France and more. Known for their collaborations with international artists such as Oliver Tree, Tommy Cash, Ghostemane, Clean Bandit, Sacha Baron Cohen and more.
Follow Little Big on Social:
YouTube | TikTok | Instagram | Facebook
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SOURCE Little Big | https://www.kxii.com/prnewswire/2022/06/24/russian-pop-band-little-big-drops-new-single-generation-cancellation-an-anti-war-manifesto/ | 2022-06-24T18:04:37Z |
Three injured in Pittsburg county crash
Published: Apr. 3, 2022 at 11:47 PM CDT|Updated: 4 hours ago
KIOWA, Okla. (KXII) - Three people were injured after a crash in Pittsburg county.
It happened around 9:00 a.m. Sunday morning on The Indian Nations Turnpike near Kiowa.
Troopers said an SUV was heading northbound on the Turnpike when the driver fell asleep and drifted to the left striking the cable barrier, then drifted to the right striking a tree.
The driver 20 year-old Angel Trujillo of Tulsa was flown to the hospital with head and internal injuries.
His two passengers were treated for head injuries and later released.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/04/04/three-injured-pittsburg-county-crash/ | 2022-04-04T09:21:39Z |
NEW ORLEANS, Aug. 26, 2022 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF continues its investigation into BioMarin Pharmaceutical Inc. (NasdaqGS: BMRN).
On August 19, 2020, the Company disclosed that it received a Complete Response Letter ("CRL") from the FDA rejecting its Biologics License Application ("BLA") for its product, valoctocogene roxaparvovec, and recommending two years of data from the Company's ongoing 270-301 study (Phase 3) and that the Company "complete the Phase 3 Study and submit two-year follow-up safety and efficacy data on all study participants," thus requiring a lengthier study before approval would be considered.
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the court presiding over the case denied the Company's motion to reconsider the court's decision denying in part the Company's motion to dismiss, allowing the case to move forward.
KSF's investigation is focusing on whether BioMarin's officers and/or directors breached their fiduciary duties to BioMarin's shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of BioMarin shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://ksfcounsel.com/cases/biomarin-pharmaceutical-inc-nasdaqgs-bmrn/ to learn more.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/08/27/biomarin-investigation-continued-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-continues-investigate-officers-directors-biomarin-pharmaceutical-inc-bmrn/ | 2022-08-27T10:35:01Z |
Single Largest Jackpocket Win in the State of Colorado Goes To App User in Fort Collins
DENVER, July 27, 2022 /PRNewswire/ -- Today Jackpocket, the leading third-party app in the U.S. to provide a secure way to order official state lottery tickets, announced its largest single winner in the state of Colorado. A woman in Fort Collins won a record $1,362,575 on June 13 after ordering a Colorado Lotto+ ticket on the Jackpocket lottery app.
The winner, Lisa C., found out she won a seven-figure lottery prize when she received an automatic winner email from Jackpocket.
"When I read my email, I thought it was a sign. We'd been looking at getting married and buying a house but we've been waiting to be financially stable to do so. I have 3 kids who just started driving! So, now we're going to get married."
Lisa has been playing the lottery occasionally with Jackpocket for the last 18 months. A game reminder from the app led to her lucky ticket order.
"I hadn't played for a while and I saw a thing on my pop-ups come up, " she said. "I thought, 'Might as well!'"
One $2 Quick Pick ticket was all it took.
"We're so proud to facilitate this life-changing win for Lisa, our biggest lottery winner to date in the state of Colorado," said CEO Peter Sullivan. "Jackpocket was founded on the idea that the lottery should be accessible and convenient to play, and we are thrilled when we get to celebrate a major win like Lisa's."
Colorado lottery players can use Jackpocket's mobile app to place ticket orders for Mega Millions, Powerball, Lucky for Life, Lotto+, Cash 5, and Pick 3. The mobile experience allows players to conveniently view an image of their ticket, get notified automatically if they win, and even receive prizes up to $599 directly through the app.
Since Jackpocket has been available in Colorado, players there have won over $6.5 million to date on the app. Nationwide, over $150 million has been won on Jackpocket by nearly one million individual winners. And, including Lisa, 18 players have won prizes of $1 million or more, with 11 of those wins happening in 2022 alone.
Must be 18 or older to play. If you or someone you know has a gambling problem and wants help call 1-800-GAMBLER. Jackpocket is not affiliated with and is not an agent of the Colorado Lottery.
Jackpocket is on a mission to create a more convenient, fun and responsible way to play the lottery. The first licensed third-party lottery app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arkansas, Colorado, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, and Washington, D.C., and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter, and Instagram.
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SOURCE Jackpocket | https://www.kxii.com/prnewswire/2022/07/27/colorado-woman-ordered-winning-13-million-lotto-ticket-jackpocket/ | 2022-07-27T15:39:04Z |
Multiple people injured in shooting at South Carolina mall, police say
COLUMBIA, S.C. (WIS) - Police have reported multiple people have been injured in a shooting at a mall in Columbia, South Carolina.
The Columbia Police Department said they were responding to reports of shots fired at the Columbiana Centre Saturday afternoon.
According to WIS, police confirmed several people have been injured but the extent of the injuries is unknown at this time.
The mall is being evacuated as police officers assess the scene.
A reunification site for loved ones has been set up at the Fairfield Inn at 320 Columbiana Drive, according to the Lexington County Sheriff’s Department.
The main entrance to the mall on Harbison Boulevard has been closed as well as parts of I-26 West in the area.
Police ask that people use caution when driving in the area.
This story is developing and will be updated as more information becomes available.
Copyright 2022 WIS via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/16/multiple-people-injured-shooting-south-carolina-mall-police-say/ | 2022-04-16T20:00:57Z |
PARSIPPANY, N.J., July 28, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) and PBF Logistics LP (NYSE: PBFX) today announced a definitive agreement and plan of merger pursuant to which PBF Energy will acquire all of the outstanding common units representing limited partner interests of PBF Logistics it does not already own directly or indirectly for a combination of PBF Energy Class A common stock and cash. PBF Energy beneficially owns approximately 47.7% of the outstanding common units of PBF Logistics as of July 22, 2022.
Under the merger agreement, each outstanding common unit of PBF Logistics that PBF Energy does not already beneficially own will be converted into 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest. The purchase price reflects a premium of 13.2% to the volume-weighted average price of PBF Logistics common units for the thirty days through July 27, 2022.
Tom Nimbley, PBF Energy's and PBF Logistics' Chairman and CEO, said, "We are pleased to announce this strategic acquisition by PBF Energy, which represents a key objective in PBF Energy's plans to optimize our refining and logistics operations." He added, "This transaction will ultimately allow us to simplify our corporate structure and eliminate administrative, compliance and cost burdens of running a separate public company. Following consummation of the merger, we believe that the combined company will have a significantly enhanced financial profile."
Upon consummation of the merger, PBF Logistics will be become an indirect wholly-owned subsidiary of PBF Energy, and the PBF Logistics common units will cease to be listed on the NYSE and will subsequently be deregistered under the Securities Exchange Act of 1934, as amended.
PBF Logistics was represented in negotiations by the PBF Logistics Conflicts Committee, which is comprised of three independent members of its general partner's board of directors. The PBF Logistics Conflicts Committee unanimously approved the transaction and recommended approval of the transaction to the board of directors of the general partner of PBF Logistics, which was also unanimous in its approval of the transaction. The transaction has also been unanimously approved by the board of directors of PBF Energy.
The completion of the merger is subject to the satisfaction of customary conditions, including receipt of requisite approvals of PBF Logistics unitholders.
Barclays Capital Inc. is acting as the exclusive financial advisor; and Hunton Andrews Kurth LLP is acting as legal advisor to PBF Energy on the transaction. Intrepid Partners, LLC is acting as financial advisor and Baker Botts L.L.P. is acting as legal advisor to the PBF Logistics Conflicts Committee.
This press release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any securities pursuant to the proposed transaction or otherwise, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
In connection with the proposed transaction, PBF Energy will file with the Securities and Exchange Commission (the "SEC") a registration statement on Form S-4, which will include a prospectus of PBF Energy and a proxy statement of PBF Logistics. Each of PBF Energy and PBF Logistics may also file other documents with the SEC regarding the proposed transaction. PBF Logistics will mail the proxy statement/prospectus to its unitholders. This document is not a substitute for any prospectus, proxy statement or any other document which PBF Energy or PBF Logistics may file with the SEC in connection with the proposed transaction. Investors and equity holders of PBF Energy and PBF Logistics are advised to carefully read the proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transaction when they become available, as well as other documents filed with the SEC, because they will contain important information. You may obtain copies of all documents filed with the SEC regarding this transaction (when they become available), free of charge, at the SEC's website (www.sec.gov). You may also obtain these documents, free of charge, from PBF Energy's website (www.pbfenergy.com) under the tab "Investors" and then under the heading "SEC Filings." You may also obtain these documents, free of charge, from PBF Logistics' website (www.pbflogistics.com) under the tab "Financial Information" and then under the heading "SEC Filings."
PBF Energy, PBF Logistics and their respective directors, executive officers and certain other members of management and employees may be soliciting proxies from PBF Logistics unitholders in favor of the proposed transaction and related matters. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of PBF Logistics unitholders in connection with the proposed transaction will be set forth in the proxy statement/prospectus when it is filed with the SEC. You can find information about PBF Energy's executive officers and directors in its definitive proxy statement filed with the SEC on April 13, 2022. You can find information about PBF Logistics' executive officers and directors in its annual report on Form 10-K filed with the SEC on February 17, 2022. Additional information about PBF Energy's executive officers and directors and PBF Logistics' executive officers and directors can be found in the above-referenced Registration Statement on Form S-4 and other relevant materials to be filed with the SEC when they become available. You can obtain free copies of these documents from PBF Energy and PBF Logistics using the contact information below.
Forward-looking Statements
Statements in this press release relating to future plans, results, performance, expectations, achievements and the like are considered "forward-looking statements" (as that term is defined under the federal securities laws). These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which may be beyond PBF Energy's or PBF Logistics' control, that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors and uncertainties that may cause actual results to differ include but are not limited to the risks disclosed in PBF Energy's or PBF Logistics' filings with the SEC, risks related to the merger, including the timing to consummate the transaction, the ability to obtain the requisite PBF Logistics unitholder approval and diversion of management time on merger-related issues; the supply, demand, prices and other market conditions for PBF Energy's or PBF Logistics' products or crude oil; expectations with respect to our capital spending and turnaround projects; risks associated with obligation to buy Renewable Identification Numbers and related market risks related to the price volatility thereof; PBF Energy's ability to make, and realize the benefits from, acquisitions or investments, including in renewable diesel productions, on any announced time frame or at all; PBF Energy's or PBF Logistics' expectations regarding the impact of market conditions on demand for the balance of 2022; and the impact of adverse market conditions affecting PBF Energy or PBF Logistics, unanticipated developments, regulatory approvals, changes in laws and other events that negatively impact the company. All forward-looking statements speak only as of the date hereof. Neither PBF Energy nor PBF Logistics undertakes any obligation to revise or update any forward-looking statements except as may be required by applicable law.
PBF Energy Inc. (NYSE: PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.
PBF Logistics LP (NYSE: PBFX), headquartered in Parsippany, New Jersey, is a fee-based, growth-oriented master limited partnership formed by PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets.
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SOURCE PBF Energy Inc.; PBF Logistics LP | https://www.wibw.com/prnewswire/2022/07/28/pbf-energy-announces-agreement-acquire-remaining-public-stake-pbf-logistics-lp/ | 2022-07-28T11:34:14Z |
Justices say veteran who lost job as Texas trooper can sue state
WASHINGTON (AP) — The Supreme Court on Wednesday allowed a former state trooper to sue Texas over his claim that he was forced out of his job when he returned from Army service in Iraq.
The justices ruled for Army veteran Le Roy Torres under a federal law that was enacted in 1994 in the wake of the Persian Gulf war to strengthen job protections for returning service members.
By a 5-4 vote, the high court rejected Texas’ claim that it is shielded from such lawsuits. “Text, history, and precedent show that the States, in coming together to form a Union, agreed to sacrifice their sovereign immunity for the good of the common defense,” Justice Stephen Breyer wrote for the court.
Torres says he suffered lung damage from exposure to open burn pits on his base in Iraq.
He spent a year in Iraq and was discharged as a captain after nearly 19 years in the U.S. Army Reserve.
The state and Torres dispute what happened when he returned to Texas, unable to resume his job as a state trooper because of the damage to his lungs. He eventually resigned and later filed his lawsuit. A state appellate court dismissed it, and the justices stepped in.
Congress first allowed returning service members to sue states to keep their jobs in 1974, recognizing discrimination because of opposition to the Vietnam War.
In March, the court allowed the Navy to take account of sailors’ vaccination status in deciding on deployments, narrowing a lower court order. Three justices, Samuel Alito, Neil Gorsuch and Clarence Thomas, dissented from the high court’s order.
They also dissented Wednesday, joined by Justice Amy Coney Barrett.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/29/justices-say-veteran-who-lost-job-texas-trooper-can-sue-state/ | 2022-06-29T15:03:00Z |
(NEXSTAR) – Feeling “financially comfortable” is getting more challenging for Americans as the cost of just about everything has skyrocketed over the past year.
The cost of all goods is about 8% more than this time last year. The housing market is especially tough right now. A recent CoreLogic report found the cost of homes nationwide rose more than 20% between March 2021 and March 2022, pricing out many would-be homebuyers. Renters haven’t had it easy either — a Zumper analysis published this week found the price of a one-bedroom apartment was up about 13% compared to last year.
With those rising costs in mind, what would it take to feel financially comfortable?
A survey, conducted by Logica Research for a Charles Schwab report, posed that question to people in 12 U.S. cities. The researchers spoke with people ages 21 to 75, from Atlanta to Denver to Los Angeles.
The cost of living is so high in cities like San Francisco and Seattle, survey respondents said they’d need to be millionaires just to feel comfortable financially.
Here’s the net worth people feel they would need to be financially secure in 12 U.S. cities, according to the Modern Wealth Survey:
- Atlanta: $771,000
- Boston: $892,000
- Chicago: $956,000
- Dallas: $840,000
- Denver: $671,000
- Houston: $919,000
- New York City: $1.4 million
- Phoenix: $747,000
- San Francisco: $1.7 million
- Seattle: $1.2 million
- Southern California (covering Los Angeles, Orange County and San Diego): $1.3 million
- Washington, D.C.: $1.1 million
A person’s net worth includes the value of everything they own (like cars, homes, and savings) combined, minus any debt they have (like a mortgage or student loans).
Think those numbers are sky-high and out of reach? The net worths required to qualify as “wealthy” are much higher, the survey found. | https://cw33.com/news/nexstar-media-wire/how-much-money-do-you-need-to-be-financially-secure-a-lot-survey-finds/ | 2022-05-29T14:47:10Z |
Mobile Charging Station, Ratchet and Abrasive Systainer Sets Offer Turn-Key Solutions for Professional Craftsmen
LEBANON, Ind., June 14, 2022 /PRNewswire/ -- Festool, a leading manufacturer of innovative, precision-engineered and durable power tool solutions, is launching a new array of offerings on July 12, 2022, built for professional tradespeople seeking to optimize efficiency. The PHC 18 charging station, Ratchet Systainer Set and 6" Abrasive Systainer Set enable tradespeople to save time and stay organized with well-rounded systems that can help tackle any building, remodeling or painting project this summer and well beyond.
"We recognize the importance of organization and productivity when it comes to any project," said Rick Bush, Product Marketing Manager, Festool. "The turn-key solutions were developed to boost efficiency and enable professional tradespeople to have all of the solutions they need at hand. Whether combining with an existing suite of Festool products or purchasing your first tool, these new offerings include the tools needed to pick up and get started on a project."
The PHC 18 Mobile Phone Charging Station transforms every Festool 18v battery pack into a portable power bank. The clever, compact adapter can charge up to three smartphones at the same time—both via users' own charging cables and inductive charging. As a new addition to Festool's line-up of classic cordless products, the PHC 18 helps keep mobile devices charged for the entire day so tradespeople can focus on the job—not their device's battery life.
- Robust and Compact: With the dimensions of a standard battery pack, the PHC 18 can easily be stored in a Systainer or be taken on the road. Designed like the robust 18v battery packs it attaches to, the rubberized surface ensures phones are held securely.
- Long-Lasting, Inductive Charging: The built-in inductive charging top allows for wireless charging. Paired with a Festool 18v 5.2 Ah battery pack, the PHC 18 can fully charge a mobile phone up to eight times.
The first-ever Ratchet Systainer Set from Festool is comprehensive and includes ratchets, sockets and bits of all sizes to ensure a wide range of possible applications when fastening parts. Residential and commercial projects alike benefit from the Ratchet Systainer Set, which adds jobsite efficiency by employing a clearly organized and well-rounded solution. Housed in a Systainer, the set offers maximum flexibility and organization whether in the workshop or on the jobsite.
- Always Organized: The set is neatly stored in a Systainer and ensures users have what they need at their fingertips to efficiently tackle any project.
- Comprehensive and Compatible: A complete system with clearly marked sockets in metric and imperial units, so no socket size is missed. Drives range in size from 5/32" – 1" and 5mm – 22mm, and the set includes both long and short extensions as well as a universal adaptor. The set is compatible with the entire Festool Systainer system to easily connect and transport.
The 6" Abrasive Systainer Set provides users a turn-key solution to get started on any project. Users supplementing an existing Festool 6" (150mm) sander will benefit from a neatly organized set of abrasives. Those seeking their first Festool product will appreciate a set that is ready to store and transport them to the next project. The included abrasives are compatible with the Rotex 150, ETS 150 and ETS EC 150. The set includes a wide variety of six-inch abrasive grits to get users started in an organized manner:
- 20 x Abrasive GRANAT D150 P60
- 20 x Abrasive GRANAT D150 P80
- 20 x Abrasive GRANAT D150 P120
- 20 x Abrasive GRANAT D150 P150
- 20 x Abrasive GRANAT D150 P180
- 20 x Abrasive GRANAT D150 P220
Starting July 12, the PHC 18 Mobile Charging Station will be available for $49 and the Abrasive Systainer Set for $249. The Ratchet Systainer Set will be available for $249 while supplies last. Upon purchase, register for MyFestool for access to on-demand contact with Festool, an overview of Festool tools, warranty summaries, repair orders and more.
Festool USA is based in Lebanon, Indiana. For more information, visit www.festoolusa.com or www.festoolcanada.com.
Festool has been developing innovative, precision-engineered and durable power tool solutions for nearly a century. Founded in Germany in 1925, Festool is a leading manufacturer known for its systems-based approach to power tools that are designed for efficiency and high performance. Festool's mission, "Built Better To Build Better," focuses on creating products that empower professional tradespeople to elevate their skills and deliver outstanding work by helping them build cleaner, faster, smarter…better.
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SOURCE Festool USA | https://www.wibw.com/prnewswire/2022/06/14/festool-launches-premium-products-enhance-organization-efficiency-across-jobsites/ | 2022-06-14T16:20:21Z |
NEW YORK, June 1, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Pegasystems Inc. (NASDAQ: PEGA) between May 29, 2020 and May 9, 2022, both dates inclusive (the "Class Period"), of the important July 18, 2022 lead plaintiff deadline.
SO WHAT: If you purchased PEGA 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 PEGA class action, go to https://rosenlegal.com/submit-form/?case_id=6286 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 July 18, 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) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian; (2) Defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) Defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through the personal involvement of PEGA's CEO; (4) PEGA's CEO and other officers and employees did not comply with PEGA's written Code of Conduct; (5) PEGA was "unable to reasonably estimate damages" in the Appian Litigation; and (6) as a result of the foregoing, Defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
The truth regarding PEGA's fraudulent conduct was revealed after the close of the markets on May 9, 2022, when PEGA issued a press release announcing that the jury in the Appian Litigation had awarded Appian more than $2 billion for PEGA's misappropriation of trade secrets. In response to this news, PEGA's stock price fell 21%, from a closing price of $65.93 per share on May 9, 2022, to a closing price of $52.25 on May 10, 2022. As the market continued to digest the verdict, PEGA's stock price dropped another 8% to close at $48.07 per share the following day.
To join the PEGA class action, go to https://rosenlegal.com/submit-form/?case_id=6286 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.mysuncoast.com/prnewswire/2022/06/01/rosen-global-investor-counsel-encourages-pegasystems-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-pega/ | 2022-06-01T20:03:35Z |
OWINGS MILLS, Md., July 14, 2022 /PRNewswire/ -- Universal Security Instruments, Inc. (NYSE Amex: UUU) today announced its financial results for the fourth quarter and its fiscal year ended March 31, 2022.
The Company reported:
- For the fourth quarter ended March 31, 2022, sales increased $1,293,212 (43.1%) to $4,290,550 from $2,997,338 from the comparable period last year. The Company reported a net loss of $235,838, or $0.10 per basic and diluted share compared to a net loss of $456,838, or $0.20 per basic and diluted share for the comparable period of the previous year.
- For the 12 months ended March 31, 2022, sales increased $2,029,634 (11.6%) to $19,549,785 versus $17,520,151 for the fiscal year ended March 31, 2021. The Company reported a net loss of $78,150, or $0.03 per basic and diluted share, versus net income of $268,343 or $0.12 per basic and diluted share, for the same period last year. The results for the 12 months ended March 31, 2021 included forgiveness of the Company's Payroll Protection Plan loan in the amount of $221,400.
Harvey Grossblatt, President and Chief Executive Officer said, "While our sales have increased for the year, our gross margins have decreased due to higher costs caused by supply chain disruptions due to ocean freight shortages, port congestion in Long Beach, California and domestic trucking issues. We are also experiencing difficulty obtaining raw materials such as micro-processing chips and other electrical components.
UNIVERSAL SECURITY INSTRUMENTS, INC. is distributor of safety and security devices. Founded in 1969, the Company has an over 50-year heritage of developing innovative and easy-to-install products, including smoke, fire and carbon monoxide alarms. For more information on Universal Security Instruments, visit our website at www.universalsecurity.com. On February 25, 2022, the Company entered into an Agreement and Plan of Merger by and among the Company, a wholly owned subsidiary of the Company and Infinite Reality, Inc. Closing is subject to shareholder and regulatory approval. On May 16, 2022, the Company filed with the SEC a proxy statement and Form S-4 registration statement in connection with the Merger.
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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain matters discussed in this news release may constitute forward-looking statements within the meaning of the federal securities laws that inherently include certain risks and uncertainties. Actual results could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including, among other items, currency fluctuations, the impact of current and future laws and governmental regulations, and other factors which may be identified from time to time in our Securities and Exchange Commission filings and other public announcements. We do not undertake and specifically disclaim any obligation to update any forward-looking statements to reflect occurrence of anticipated or unanticipated events or circumstances after the date of such statements. We will revise our outlook from time to time and frequently will not disclose such revisions publicly.
Contact: Harvey Grossblatt, President
Universal Security Instruments, Inc.
410-363-3000, Ext. 224
Or
Zachary Mizener
Lambert & Co.
315-529-2348
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SOURCE Universal Security Instruments, Inc. | https://www.wibw.com/prnewswire/2022/07/14/universal-security-instruments-announces-its-fourth-quarter-year-end-results/ | 2022-07-14T20:45:59Z |
WASHINGTON (AP) — An American man kidnapped in Afghanistan two years ago is seen in a video pleading for his release so that he can be reunited with his family, according to a recording posted Friday by The New Yorker magazine.
The video of Mark Frerichs marks the first time that the Navy veteran and civilian contractor has been seen by the public since his abduction in Kabul on Jan. 31, 2020. Frerichs, of Lombard, Illinois, is believed to be held by the Taliban-affiliated Haqqani network, and U.S. officials across two presidential administrations have tried unsuccessfully to get him home.
Frerichs appears by himself in the video, sitting upright before a dark curtain and wearing what appears to be traditional Afghan clothing. In the video, which he says was recorded last Nov. 28, he says he has patiently awaited his release and adds: “I’d like to ask the leadership of the Islamic Emirate of Afghanistan: please release me. Release me so that I may be re-united with my family. Thank you.”
Videos of hostages are sometimes released to show proof that they are alive and to facilitate negotiations for a release, though it was not immediately clear if that was the case here.
The video was posted Friday by The New Yorker, which says it obtained it from an unidentified individual in Afghanistan.
An FBI spokeswoman in Washington declined to comment on the video’s authenticity, but a sister of Frerichs, Charlene Cakora, said in a statement Friday that she was grateful to the Taliban for releasing the video and described it as “public confirmation of our family’s long-held belief that he is alive after more than two years in captivity.”
She appealed to President Joe Biden and Secretary of State Antony Blinken to step up efforts to get Frerichs released.
“We consider this to be an important indicator of the Taliban’s interest in seeking to arrange for Mark’s immediate release. President Biden and Secretary Blinken, we urge you to take bold and decisive action to bring Mark home,” she added.
The Taliban has made clear to U.S. officials that it seeks the release of a convicted drug lord named Bashir Noorzai, but the U.S. government has not moved forwardon any sort of prisoner trade or exchange that could get Frerichs home.
The video of Frerichs surfaced on the same day that the State Department announced the release from Afghanistan of U.S. citizen Safiullah Rauf and Anees Khalil, a lawful permanent resident. The State Department said that they were now in Qatar before traveling home but offered no additional details about their activities in Afghanistan.
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Follow Eric Tucker on Twitter at http://www.twitter.com/etuckerAP | https://cw33.com/news/politics/ap-politics/us-man-abducted-in-afghanistan-appears-in-newly-posted-video/ | 2022-04-01T19:19:57Z |
Summer Camping World Truck Series Playoff Race Named the Worldwide Express 250 for Carrier Appreciation
DALLAS, June 23, 2022 /PRNewswire/ -- Worldwide Express (WWEX) and Richmond Raceway have partnered on the entitlement of the summer NASCAR Camping World Truck Series Playoff race on Saturday, Aug. 13. The official name of the first-ever Camping World Truck Series Playoff race at America's Premier Short Track will be the Worldwide Express 250 for Carrier Appreciation. As part of the entitlement, Worldwide Express will share their gratitude to their freight and parcel carrier partners.
"We welcome Worldwide Express for their first entitlement partnership in NASCAR with the Worldwide Express 250 for Carrier Appreciation NASCAR Camping World Truck Series Playoff race at Richmond Raceway," said Lori Collier Waran, Richmond Raceway President. "As Worldwide Express continues to grow its presence in NASCAR as part of its 30th anniversary, we look forward to introducing their brand as part of the iconic fan experience at America's Premier Short Track."
To download the Worldwide Express 250 for Carrier Appreciation logo, click here.
"As we deepen our relationship with NASCAR and work toward further involvement in the sport, we are excited to put our name on the race in Richmond," said Worldwide Express President Rob Rose. "Our CEO Tom Madine and I both have ties to Virginia and many of our carrier partners have their homebase in the region, so the entitlement just makes good sense for us. The logistics and supply chain world have been chaotic the past year and our business wouldn't be possible without those carriers, so this is a unique opportunity to say thank you to them leading up to and during the race."
Through its WWEX Racing program, Worldwide Express, along with its sister brands GlobalTranz and Unishippers, earlier this year announced a multi-year partnership with Trackhouse Racing as a primary sponsor on the No. 1 driven by Ross Chastain and No. 99 driven by Daniel Suarez. The brands also serve as the full-season, primary partner with Niece Motorsports on the No. 40 driven by Dean Thompson, the No. 41 driven by Ross Chastain for four Camping World Truck Series races and the No. 42 driven by Carson Hocevar in eight Camping World Truck Series races, which includes the Worldwide Express 250 for Carrier Appreciation at Richmond Raceway. For more information on WWEX Racing, visit www.wwexracing.com.
Founded in 1992, Worldwide Express began as a franchisor with the goal of providing unmatched shipping logistics services to the small and medium-sized business (SMB) community. In the three decades since, the Worldwide Express family of brands has become a top-ranked, full-service logistics provider and the second-largest privately held freight brokerage in North America, with customers spanning from SMBs to the Fortune 100.
Together, Worldwide Express, GlobalTranz and Unishippers offer market-leading solutions for parcel, less-than-truckload (LTL) and truckload shipping and managed transportation services delivered through proprietary technology. With the company's unique data assets and business intelligence capabilities, more than 115,000 shippers benefit from enhanced visibility and efficiency for their supply chains. The company will manage more than 35 million shipments in 2022 through its network of carrier partners, including over 65 leading LTL carriers and more than 85,000 truckload carriers. To learn more about Worldwide Express, visit wwex.com.
About Worldwide Express
Worldwide Express, LLC is a full-service, non-asset-based logistics provider offering more than 115,000 customers access to industry-leading small package, truckload and less-than-truckload shipping solutions. With an annual systemwide revenue approaching $5 billion through a network of company-owned, franchise and agent locations, Worldwide Express, combined with its sister brands GlobalTranz and Unishippers, is the second-largest privately held freight brokerage in the country. As the largest non-retail UPS® Authorized Reseller in the US, the company is a local partner for the global supply chains for shippers of all sizes, from small- to medium-sized businesses to enterprise organizations. This, coupled with a selective portfolio of more than 65 LTL and tens of thousands of truckload carriers, provides clients with an unmatched range of options and flexibility to meet their shipping needs. To learn more, visit www.wwex.com.
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SOURCE Worldwide Express | https://www.wibw.com/prnewswire/2022/06/23/worldwide-express-partners-with-richmond-raceway-nascar-camping-world-truck-series-playoff-race-entitlement/ | 2022-06-23T21:00:33Z |
Unanimous Vote Reflects Enthusiasm of Workers
SAN FRANCISCO, July 18, 2022 /PRNewswire/ -- Drivers, mechanics and dispatchers working for Transdev Transportation have voted unanimously to join Teamsters Local 665. The workers provide paratransit services for San Francisco, Santa Rafael and other cities throughout the Bay Area.
"These workers demonstrated immense solidarity and enthusiasm throughout this campaign and we're honored to represent them," said Tony Delorio, Local 665 Secretary-Treasurer. "We're looking forward to bringing this momentum to the bargaining table."
"We're 100 percent committed to organizing as much of the transit and paratransit industries as humanly possible," said Matt Taibi, Teamsters Passenger Transportation Division Director. "Paratransit workers are everyday heroes who help some of society's most vulnerable people live their lives to the fullest. They deserve a union contract that reflects their service to their communities."
Janet Gunn has been a driver at Transdev for six years.
"We reached out to Local 665 a couple of months ago about organizing because we heard about how good the wages and benefits are for the other paratransit providers in our area that already have a Teamster contract," Gunn said. "I'm so excited to be a part of this!"
Teamsters Local 665 represents over 5,000 members throughout the Bay Area in a wide variety of industries. For more information, go to https://www.teamsters665.org/.
Contact:
Matt McQuaid, (202) 624-6877
mmcquaid@teamster.org
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SOURCE International Brotherhood of Teamsters | https://www.mysuncoast.com/prnewswire/2022/07/18/transdev-workers-join-teamsters-local-665/ | 2022-07-18T17:42:09Z |
DUBAI, United Arab Emirates (AP) — A U.S. Navy warship fired a warning flare to wave off an Iranian Revolutionary Guard speedboat coming straight at it during a tense encounter in the strategic Strait of Hormuz, officials said Tuesday.
The incident on Monday involving the Guard and the Navy comes as tensions remain high over stalled negotiations over Iran’s tattered nuclear deal with world powers and as Tehran enriches uranium closer than ever to weapons-grade levels under decreasing international oversight.
Meanwhile, the United Nations’ nuclear watchdog said Iran now plans to enrich uranium through a second set of advanced centrifuges at its underground Fordo facility amid the standoff.
The Cyclone-class patrol ship USS Sirocco and Spearhead-class expeditionary fast transport USNS Choctaw County found themselves in the close encounter with three Iranian fast boats while coming through the Strait of Hormuz to enter the Persian Gulf, the Navy said.
In a video released by the Navy’s Bahrain-based 5th Fleet, a high-speed Guard Boghammar is seen turning head-on toward the Sirocco. The Sirocco repeatedly blows its horn at the Boghammar, which turns away as it closes in. The flare shot can be heard, but not seen, as the Boghammar passes the Sirocco with the Iranian flag flying above it.
The Navy said the Boghammar came within 50 yards (45 meters) of the Sirocco, raising the risk of the vessels running into each other. The overall encounter lasted about an hour, the Navy said.
The Guard’s “actions did not meet international standards of professional or safe maritime behavior, increasing the risk of miscalculation and collision,” the Navy said.
Iran did not immediately acknowledge the incident in the strategic waterway — a fifth of all traded oil passes through the strait.
The Navy separately told The Associated Press that this marked the second so-called “unsafe and unprofessional” incident it had with Iran in recent months.
On March 4, three Guard ships had a tense encounter for over two hours with Navy and U.S. Coast Guard vessels as they traveled out of the Persian Gulf through the strait, the Navy said. In that incident, the Guard’s catamaran Shahid Nazeri came within 25 yards (22 meters) of the USCGC Robert Goldman, the Navy said.
“The two U.S. Coast Guard cutters issued multiple warnings via bridge-to-bridge radio and deployed warning flares,” the Navy said.
The Navy did not elaborate on why it did not announce the previous incident, particularly since a larger vessel came even closer to an American warship. However, that was just as a deal in Vienna between Iran and world powers on restoring the nuclear deal looked possible, before the talks broke down.
Iran and world powers agreed in 2015 to the nuclear deal, which saw Tehran drastically limit its enrichment of uranium in exchange for the lifting of economic sanctions. In 2018, then-President Donald Trump unilaterally withdrew America from the accord, raising tensions across the wider Middle East and sparking a series of attacks and incidents.
Talks in Vienna about reviving the deal have been on a “pause” since March. Since the deal’s collapse, Iran has been running advanced centrifuges and rapidly growing stockpile of enriched uranium. Earlier this month as well, Iran removed 27 surveillance cameras of the U.N.’s International Atomic Energy Agency. The agency’s head warned it could deal a “fatal blow” to the nuclear deal.
On Tuesday, the IAEA said its inspectors verified Iran was preparing to enrich uranium through a new cascade of 166 advanced IR-6 centrifuges at its underground Fordo facility. Already, Iran has one cascade of IR-6s operating at Fordo, near the holy Shiite city of Qom, some 90 kilometers (55 miles) southwest of Tehran. They enrich up to 20% purity.
The IAEA said Iran has not told it yet the level at which the second cascade will be enriching. Iran has yet to publicly acknowledge the new cascade.
The 2015 nuclear deal prohibited all enrichment at Fordo. Shielded by mountains, the facility is ringed by anti-aircraft guns and other fortifications. It is about the size of a football field, large enough to house 3,000 centrifuges, but small and hardened enough to lead U.S. officials to suspect it had a military purpose when they exposed the site publicly in 2009.
Amid the tensions, Israel is suspected of carrying out a series of attacks in and outside of Iran targeting the country, including the killing of the architect of its one-time military nuclear program with a remote-controlled machine gun.
On Tuesday, the state-run IRNA news agency quoted the prosecutor of Iran’s southeastern Sistan and Baluchistan province as alleging three people arrested in April there on suspicion of working with Israel’s Mossad intelligence agency wanted to kill Iranian nuclear scientists.
It’s unclear why the three would have been in Sistan and Baluchistan, which has no nuclear sites. The restive province that borders Afghanistan and Pakistan faces sporadic attacks from armed insurgent groups.
Meanwhile, a Guard brigadier general acknowledged that a fatal May explosion at a weapons development facility in Parchin, east of Tehran, came from “industrial sabotage.” Mohammadreza Hassani Ahangar, the head of the Guard’s Imam Hossein University, said in comments quoted Monday night by a state TV affiliate that an unnamed enemy launched the sabotage that killed an engineer and wounded another worker amid the suspected Israeli assaults.
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Associated Press writer Amir Vahdat in Tehran, Iran, contributed to this report.
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Follow Jon Gambrell on Twitter at www.twitter.com/jongambrellAP. | https://cw33.com/news/international/ap-international/us-navy-iran-have-tense-encounter-in-strait-of-hormuz/ | 2022-06-22T02:55:38Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- KORE Software is pleased to announce the acquisition of London-based, fan data management, and digital marketing solutions provider, Sports Alliance. This acquisition marks an expansion for KORE in the EMEA market, inheriting more than 140 clients and strengthening its position as the global leader of engagement marketing solutions. This acquisition represents continued expansion for KORE Software, after recently acquiring SSB's professional sports business and leading AI-powered social and digital analytics platform, Hookit, in February 2022.
With more than 20 years of evolving and customizing fan data solutions for professional sports brands, the Sports Alliance platform helps marketing teams' access, interpret, and activate on their data faster, while inspiring new campaign and engagement ideas with AI-driven insights. From loyalty program integration, and email marketing or full Omni-channel orchestrations, to single sign-on, and contact management for privacy and detailed transactions, Sports Alliance's platform unifies all fan data in one, easy-to-use interface where sport marketers can create unique fan experiences that deepen loyalty and improve efficiency for any brand. By adding Sports Alliance to the KORE Software portfolio, KORE will not only dramatically expand its global footprint, but be able to provide new features and functionality to its clients.
The new partnership between KORE Software and Sports Alliance strengthens and expands best-in-class sponsorship, ticketing, fan engagement, and data analytics solutions from a single-source for their combined 1,000+ sport and entertainment organizations and top global brand clients. With overlapping clients across the Premier League, NFL and more, KORE Software will now be able to provide even more solutions for its clients. Marketing, partnership, and operational teams will all benefit from the time and cost saving solutions now offered in this robust product suite.
Anthony Khan, CEO of Sports Alliance "We are excited to be joining the KORE Software family, with a shared company ethos and true business alignment, KORE is the perfect fit for Sports Alliance. Over the last two decades, Sports Alliance has achieved a dominant position serving European clubs, leagues, and associations. As part of the definitive global leader in the provision of data and marketing software to sports and entertainment organizations, the growth opportunities are astounding."
KORE Software is passionate about partnerships and creating solutions to help sports, entertainment and brand partners effectively manage, measure, and optimize their own partnerships and fan relationships. The addition of Sports Alliance will also provide more General Data Protection Regulation's (GDPR) support to global brands and organizations, helping them to remain focused on partnerships, ideation, and strategy.
"By bringing Sports Alliance into the KORE portfolio, we are expanding our global footprint and capabilities, '' said KORE Software CEO, Jason Fletcher. "This marriage bolsters KORE's position as the most extensive provider of engagement marketing solutions across the sports and entertainment marketplace. We are excited for what we can continue to achieve together. "
KORE Software is the global leader in engagement marketing solutions. Over 900 brands, venues, and sports organizations trust KORE's tools and platform as a source of truth that drives smarter partnership decisions and deepens connections with their audiences. Through Sponsorship Management and Evaluation, Ticketing & Fan Engagement, and Data Management & Analytics, KORE's two-sided network unites corporate sponsors, sponsorship properties, and their fans with solutions that accelerate and inform an organization's ability to act. This allows teams to enhance the fan experience, maximize returns, and spend time where it matters. Learn more at KORESoftware.com or follow us on LinkedIn or Twitter.
Founded in London UK in 2002, Sports Alliance serves over 140 sports brands across the UK, Europe and the Americas. Sports Alliance helps rights-holders use data, technology, analysis and marketing insight to enhance fan experience and revenue generation. Sports Alliance provides end-to-end fan relationship management tools and solutions in Marketing & CRM, Digital, Loyalty and Commercial. Our mission is to personalize sport for every individual fan, current and future. Read more about Sports Alliance at www.sportsalliance.com/us/ or visit the Linkedin page.
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SOURCE KORE Software | https://www.mysuncoast.com/prnewswire/2022/07/19/kore-software-announces-acquisition-sports-alliance/ | 2022-07-19T13:35:41Z |
Cost of raising a child grows to more than $300,000
(CNN) - The cost of raising a child through high school has gone up, thanks to inflation.
For a married, middle-income couple, it now takes on average $310,605 to raise a child born in 2015 through the age of 17. That comes out to more than $18,000 a year on average.
The Brookings Institution came up with the estimate based on numbers for a couple with two children from the U.S. Agriculture Department.
The price tag includes a range of child expenses, including food, healthcare, clothing, childcare and activities.
Back in 2015, a federal government projection put the total child-raising cost at more than $233,000.
A senior fellow at Brookings suggests many couples will take more time to consider whether to have a first or second child.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/21/cost-raising-child-grows-more-than-300000/ | 2022-08-21T06:11:47Z |
KANSAS CITY, Mo., June 7, 2022 /PRNewswire/ -- Global workplace operations company, SafetyCulture, has announced a USD $2.1M investment into data and IoT software company, Inauro. This investment continues SafetyCulture's support of emerging technologies which enhance frontline processes.
Launched in 2020, Inauro was created to realize the value of IoT technology across industrial applications and improve everyday operations. IoT devices produce a vast amount of data but are typically siloed depending on their function. By linking data from sensors, devices and other digital systems used within an organization, Inauro provides teams with a single source of data, streamlining workflows and enabling faster decision making.
Inauro has built a customer base spanning agriculture, manufacturing and construction, and its flagship PerspioTM platform has been recognized by global award bodies, including an IoT Global Award for Big Data and Analytics.
"The IoT market is thriving globally, but most IoT solutions are built to solve a specific problem which creates data silos across organizations. We want to solve this challenge and enable businesses to make the most of their IoT technology. At its most simple, we want to make sure the right information is available to the right person in real-time. That's when we'll unlock streamlined operations and create efficiencies," said Inauro co-founder and co-CEO Craig Kesby.
SafetyCulture CEO and Founder, Luke Anear said, "Today, SafetyCulture collects data from 800 million workplace checks a year, a lot of which are conducted manually. Inauro will help us to automate many of the equipment checks for our customers. We're constantly pushing to find new ways to innovate and automate processes so tasks can be done to higher standards, jobs become safer and teams can concentrate on the most meaningful work. Inauro will be a key partner as we continue to raise the bar for frontline teams."
Anear continued, "It's always great to help drive forward businesses with similar goals to ours. Through this investment, not only will Inauro be free to expand into new markets, but SafetyCulture customers will also reap the benefits of taking their digitization efforts to the next level."
SafetyCulture is a global operations platform empowering teams to drive workplace improvements. SafetyCulture acquired microlearning business EdApp in 2020, led a USD $6 million Series A funding round for Unleash Live in 2021, and acquired lone worker safety app SHEQSY in early 2022.
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SOURCE SafetyCulture | https://www.mysuncoast.com/prnewswire/2022/06/07/safetyculture-invests-groundbreaking-iot-player-inauro/ | 2022-06-07T14:48:32Z |
VANCOUVER, BC, Aug. 26, 2022 /PRNewswire/ - good natured Products Inc. (the "Company" or "good natured®") (TSXV: GDNP) (OTCQX: GDNPF), a North American leader in plant-based products, today announced it has completed a senior secured revolving credit facility (the "Senior Credit Facility") with Wells Fargo Bank, N.A. ("Wells Fargo"), through its wholly owned subsidiary Wells Fargo Capital Finance Corporation Canada, consisting of a USD $30 million asset-based revolving credit facility with a 4-year term and an uncommitted USD $25 million revolving facility, available at the discretion of Wells Fargo. In addition, the Company has closed a CAD $6.6 million financing (the "Mortgage Refinancing") with Business Development Bank of Canada ("BDC").
The initial draw on the Senior Credit Facility was used to retire CAD $13.7 million of outstanding credit facility debt with National Bank of Canada ("National Bank"), referenced previously in a press release dated June 29, 2022 as the "primary lender". This consisted of approximately CAD $11.2 million on the CAD $15 million revolving working capital credit facility and CAD $2.5 million on the CAD $4 million revolving term capital expenditure credit facility. Proceeds from the Mortgage Refinancing was used to retire CAD $6.6 million of outstanding non-revolving term credit facility with National Bank of Canada that was secured by a first mortgage on the Company's Brampton, Ontario manufacturing location ("Brampton").
"Attracting one of the largest banks in the U.S. as a partner to fuel our current and future growth initiatives is an incredible milestone for the Company and speaks to the strong commercial viability of our sustainable value proposition," stated Paul Antoniadis, CEO of good natured®. "We're also very excited to have BDC, one of our largest shareholders, extend its support at this important juncture, and are very pleased that Wells Fargo and BDC share a common vision regarding our long-term path for growth, value creation, and in making better everyday products® that create a healthy sustainable future for our planet and its people."
The Senior Credit Facility with Wells Fargo provides up to USD $55 million in funding, replacing the National Bank credit agreement of CAD $35.8 million, previously announced on October 13, 2021. The secured Senior Credit Facility is comprised of a USD $30 million asset-based revolving credit facility with a 4-year term and an uncommitted USD $25 million revolving facility, available at the discretion of Wells Fargo. The Senior Credit Facility is to be used to retire amounts outstanding on credit facility debt with National Bank described earlier, for acquisitions, capital asset additions, working capital and general corporate purposes. The Senior Credit Facility will bear interest at the U.S. Secured Overnight Financing Rate ("SOFR") plus 2.50 - 3.00% subject to certain operating benchmarks. The Senior Credit Facility is secured by a general security interest over the assets of all existing and future subsidiaries of the Company.
The facility with Wells Fargo provides greater flexibility with respect to covenants that supports the Company to execute its growth strategy.
The secured Mortgage Refinancing on the Brampton location with BDC features a principal amount of CAD $6.6 million, amortized over a 25-year period with monthly interest and principal repayments. BDC has made an additional $3.9 million available as funding toward future capital projects. The mortgage loan will bear interest at BDC's Base Rate minus 0.25%, with future downward adjustments, and is secured by, among other collateral, the land and buildings at Brampton.
The good natured® corporate profile can be found at: investor.goodnaturedproducts.com and at on SEDAR (sedar.com) under the Company's issuer profile.
good natured® is passionately pursuing its goal of becoming North America's leading earth-friendly product company by offering the broadest assortment of plant-based products made from rapidly renewable resources instead of fossil fuels. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products® that use more renewable materials, less fossil fuel, and no chemicals of concern.
good natured® offers over 400 products and services through wholesale, direct to business, and retail channels. From plant-based home organization products to certified compostable food containers, bio-based industrial supplies and medical packaging, the Company is focused on making plant-based products more readily accessible to people as a means to create meaningful environmental and social impact.
For more information: goodnaturedproducts.com
On behalf of the Company:
Paul Antoniadis – Executive Chair & CEO
Contact: 1-604-566-8466
Investor Contact:
Spencer Churchill
Investor Relations
1-877-286-0617 ext. 113
invest@goodnaturedproducts.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibilities for the adequacy or accuracy of this release.
This news release contains forward-looking information within the meaning of securities laws including statements related to the potential benefits of the Senior Credit Facility and the Mortgage Refinancing. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Forward-looking information contained in this news release is based on our current estimates, expectations and projections regarding, among other things, future growth, sales volume and pricing which we believe are reasonable as of the current date. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date.
If relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to herein will not cause such forward-looking statements and information to differ materially from actual results or events. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
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SOURCE Good Natured Products | https://www.kxii.com/prnewswire/2022/08/26/good-natured-products-inc-announces-up-usd-55-million-credit-facility-with-wells-fargo-cad-66-million-mortgage-financing-with-business-development-bank-canada/ | 2022-08-26T16:22:16Z |
SAN FRANCISCO , Sept. 1, 2022 /PRNewswire/ -- Hagens Berman urges Azure Power Global Limited (NYSE: AZRE) investors who suffered significant losses to submit your losses now.
Class Period: June 15, 2021 - Aug. 26, 2022
Lead Plaintiff Deadline: Oct. 31, 2022
Visit: www.hbsslaw.com/investor-fraud/AZRE
Contact An Attorney Now: AZRE@hbsslaw.com
844-916-0895
Azure Power Global Limited (NYSE: AZRE) Securities Fraud Class Action:
The complaint challenges Defendants' statements that Azure and each of its subsidiaries maintain effective internal controls over financial reporting and public disclosures.
These statements were allegedly false and misleading in that they omitted to disclose that: (1) there were procedural irregularities, including deviations from safety and quality standards, at one of Azure's plants; (2) certain project data was manipulated; (3) as a result of the foregoing, Azure's internal controls and procedures were not effective; and, (4) Azure received a credible whistleblower complaint alleging such misconduct.
Investors learned the truth on Aug. 29, 2022, when Azure announced that its CEO resigned after just 2 months on the job, that it received a whistleblower complaint in May 2022 alleging potential irregularities and misconduct by employees at a subsidiary-owned plant, and that during Azure's review of the whistleblower's allegations it discovered deviations from safety and quality norms and found evidence of project data manipulation.
This news sent the price of Azure shares crashing 44% lower on Aug. 29, 2022.
"We're focused on investors' losses and proving Azure concealed its internal control deficiencies," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Azure Power and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Azure Power should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email AZRE@hbsslaw.com.
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP | https://www.wibw.com/prnewswire/2022/09/01/azre-securities-fraud-hagens-berman-national-trial-attorneys-encourages-azure-power-global-azre-investors-with-significant-losses-contact-firms-attorneys-securities-class-action-filed/ | 2022-09-01T13:42:42Z |
Champion Plumbing provides expertise on a life in the home service industry
OKLAHOMA CITY, June 20, 2022 /PRNewswire/ -- Champion Plumbing, a leading provider of plumbing services to the Oklahoma City area, is encouraging those seeking employment to consider working in the home service industry. With over seven years of experience as the owner of a plumbing company, Brent Harpole says a life in the trades opens a plethora of opportunities for young professionals looking for a great career.
"When I was growing up, everyone acted like you needed a four-year degree from a university to be successful in life," said Harpole, owner of Champion Plumbing. "While that way of thought has changed some over time, people still don't understand the benefits of choosing to be a plumber, HVAC technician, or electrician. High school students that choose to work in the home service industry will not only be able to provide for their family but also avoid large amounts of college debt."
While there are various reasons for working in the trades, Harpole offers these top three benefits:
- Trade school is less expensive: The expensive nature of traditional four-year colleges is well documented. When it comes to trade schools, they are substantially cheaper. According to Forbes, the average cost of attending a four-year college in 2021-22 was roughly $10,740 with the cost of a trade school being as little as $5,000.
- The trades pay well: When looking at the averages, paychecks for trade jobs are either at or above those that require four-year degrees. Annual wages for new graduates of trade schools are well above $50,000 yearly. Those wages can increase based on certifications and other training.
- Jobs are numerous: Nationwide, there is no shortage of home service companies looking for skilled laborers. This gives potential employees options to pick the company that best fits their business culture.
"Four-year colleges aren't for everyone," Harpole said. "For students that like to be more hands-on, a career in the trades may be the best option. You get hands-on experience while in trade school and have a viable path after graduation. In addition, you will be able to provide an amazing life for your family."
For more information about Champion Plumbing, visit https://callthechamps.com/.
Started in 2015, Champion Plumbing is led by the husband-and-wife duo of Leslie and Brent Harpole. Champion provides plumbing and water quality services to the residents of Oklahoma City, Oklahoma and surrounding areas. The team specializes in water heater services, drain cleaning, garbage disposals, water filtration systems and backflow repair. The company is dedicated to giving back to the local community in addition to helping them with their plumbing needs.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Champion Plumbing | https://www.kxii.com/prnewswire/2022/06/20/oklahoma-city-plumbers-discuss-three-benefits-working-trades/ | 2022-06-20T11:58:42Z |
Stark County real estate transfers April 23-29
Alliance
Carter Denise M from Rockenhauser Lonna v, 729 S Webb Ave, $20,000.
Clean Canton Rentals LLC from Cassie’s Cottages Ltd, 1525 S Liberty Ave, $14,000.
Davis Emmett from Pandin Esther L, 2226 Federal Ave, $160,000.
Equity Trust Company Custodian FBO from Vinka Real Estate Investments LLC, 535 W Harrison St, $22,000.
Grimes Nathan D from Gilbertson Tyler S, 1085 Overlook Dr, $180,000.
Kempthorne Property Management LLC from Marasky George W, 730 Wright Ave, $52,000.
Penny John Jr & Karen from Davis Robbin E, 755 E College St, $80,000.
Reno Danny C & Rose from Dailey Zach, 452 W Main St, $13,000.
Robb Angela L from Labate Stephen E & Rebecca J, 815 Kintz Woods Dr, $699,900.
US Bank Trust National Association from Wainuskis Terry L &Leona, 1005 Homestead Ave, $52,362.
Bethlehem Township
Easterling Debbie E from Catlin John & Joann Wros, 138 C St Nav Vil, $65,000.
Johnson Richard & Connie from Crabtree Mark & Feld Julie, parcel 1101015 Mombasa Ave, $27,000.
Miller Michele & Singleton Michael from Ochsenbein Jamie, parcel 1101227 Mombasa Ave, $16,400.
Minor Grant from Minor Grant & Ruegg Miranda, 119 Keeferview St NW, $62,800.
Canal Fulton
Fisher Ralph from Preuit Karen S, 419 Stonewood St, $170,000.
Hibbard Michael & Diane from Albright Randall, 607 Locust St S, $82,000.
Mcclain Lindsey from Taylor Jaclyn S, 852 Tamwood Dr, $219,100.
Preuit Karen S from Anticole Pauline A, 711 Beverly Ave, $200,000.
Roberts Brittany from NVR Inc., A Virginia Corporation, DBA, 3016 Bonita Cir SE, $289,990.
Tomassetti Nathan J & Ashley R from Bricks & Beams LLC, 132 Locust St S, $203,000.
Canton
Acheampong Michael A from Goodnight Jack & Judith, 1704 Downing CT NE, $77,550.
B-List Properties from Hall Everett L Jr, 1027 Bellflower Ave SW, $58,000.
Burkholder Rick Trustee from Gibbs Family Limited Partnership, 3939 Market Ave N, $2,400,000.
Burton Vinas Company LLC from Idle Rick, 727 Roslyn Ave SW, $46,000.
Byarugaba Dismas from Divine Rentals LLC, 1205 15th St NW, $20,000.
Carver Kevin & Renee Lynne from Collins Michael T &Kelly S, 4002 Shanabruck Ave NW, $205,000.
Castro Rita from Kelley Donald B, 138 Linwood Ave NW, $137,500.
Copeland Shandalyn from Copeland Shandalyn & Jones Kevin Jr, 3050 Gilbert Ave NE, $16,400.
Donato Richard L from Moecia Matthew R, parcel 232781 Sandwith Ave SW, $10,000.
DSM Property Management LLC from Findings Ltd, 1901 Fulton Rd NW, $110,000.
Finn Five LLC from Johnson Roland L, 2134 17th St NE, $55,000.
Gantlin Tyronne Jr & Bailey Kashmir from Mosher Daniel, 1512 Crescent Rd SW, $110,000.
Gattuso Richard C & Margherita Ttees from Davis Sarah F Trustee, parcel 208056 Spring Ave NE, $4,400.
George Norman D from Goodnite Jack & Judith, 1421 Vermont PL NE, $62,150.
George Norman D from Goodnite Jackie H &Judith A, 3017 Dalton PL SW, $58,300.
Goins Ida Rose from Mayle Carolyn Sue, 1310 14th St NW, $37,500.
Hampton Andre D from Smith Lynette Y, 2330 15th St NE, $26,500.
Hasskew Michelle from Kawecki Claire, 2234 22nd St NE, $101,000.
Hernandez Ana M & Feliciano from Leslie Patrick L & Debra, 427 Smith Ave NW, $125,000.
Hoppes Sarah from Beckitt Cmyk LLC, 1336 Mcgregor Ave NW, $136,900.
Hutcheson Harris J from Cerny Jeremiah, 1821 Frazer Ave NW, $136,000.
Inscoe Bryan Matthew from SMB Investments LLC, 506 Flamos Cir NE, $105,000.
Iplangroup Agent for Custodian FBO from Southwest Canton Properties LLC, 2610 Clyde PL SW, $32,500.
J-7 LLC from Northwest Canton Properties LLC, 2512 8th St NW, $32,500.
Jakubiak Ryan A from Davis Melanda Dora, 2706 Kirby Ave NE, $96,000.
Johnson Noah from Beaverson Michael Eric, 1641 Frazer Ave NW, $111,500.
Legg Dayna R & Dan K from Legg George H, 1372 Dueber Ave SW, $85,000.
Lemus Fredal Enrique from Stark Realty Investment LLC, 926 Mcgregor Ave NW, $28,500.
Ludwig Kaleb Michael & Foradis Samantha from Ludwig Michael R & Christine L, 4824 Meadowlane Dr NW, $143,000.
Maestas Brianna from Williams Renita D, 2832 Coventry BLVD NE, $108,000.
Mariol Meredith R from JM Bywood LLC, 420 15th St NW, $21,800.
Mccarthy Taylor Justine from Broad Brad & Tammy, 3049 Windsor PL SW, $94,000.
Nations Lending Corporation from Kautsch Victoria R, 1519 19th St NW, $93,700.
Nichols Ryan & Tennant Matthew R from Sarikelle Sarah J, 1207 Havana PL NE, $75,000.
Pay N Stay Rentals LLC from Huff Barbara K, 1603 Trinity PL NW, $54,000.
Ranalli Properties LLC from Ranalli Gary, 2618 Gilbert Ave NE, $50,000.
Shewey Will E & Maria K from Kloots Henry A & Ann M, 233 Poplar Ave NW, $207,500.
Staats Kourtney L from Mills Mark, 1831 Sandwith Ave SW, $20,000.
Staats Kourtney L from Mills Mark, parcel 206446 19th St SW, $20,000.
STP Summit Holdings LLC from Ez Living Properties LLC, 1832 7th St NE, $40,000.
STP Summit Holdings LLC from Ez Living Properties LLC, 1846 7th St NE, $40,000.
STP Summit Holdings LLC from Ez Living Properties LLC, parcel 211196 6th St NE, $40,000.
STP Summit Holdings LLC from Ez Living Propeties IV Inc, 1636 Maple Ave NE, $40,000.
Tusc Realty LLC from Bonded Oil Co, 1329 Tuscarawas St E, $7,500.
Tusc Realty LLC from Bonded Oil Co, 215 12th St NW, $12,500.
Warth Michael J from Jordan Theoharis, 1318 18th St NW, $125,000.
Wilson Ryan C from Brass Lisa, 3127 14th St SW, $36,000.
Woodruff Nathan D & Chelsea M from Mcmillan Cydney Christine & Roy Howard, 315 16th St NE, $84,500.
Canton Township
Battung Joseph F from Allen Chad C & Wilmott-Allen Jessica H, 2938 Joseph PL NW, $170,250.
Hiller Sirena & Walters Carey from D K M & S S, 361 Dietz Ave NE, $185,000.
Lowder Ralph W & Debra L from US Bank Trust National Association, 2911 25th St SE, $48,900.
Namdar DG Realty LLC from JSMN Dollar General Properties LLC, 3626 Cleveland Ave SE, $621,552.
Schanick Alfred & Ashley from Lyon Anita J Nka Pribula Anita J, 1533 Rebel St SW, $225,000.
Sours Jennifer from Malavite Development Inc, parcel 1313981 49th St SW, $45,000.
Jackson Township
Abf Jackson LLC from Race Holdings LLC, 6614 Greenfield Cir NW, $497,500.
Aces Real Estate Inc from 4262 Portage Freedom LLC, 4300 Portage St NW, $435,000.
Aces Real Estate Inc from 4262 Portage Freedom LLC, 6800 Freedom Ave NW, $165,000.
Adhikari Sudeep & Mishra Shushma from Edmunds Michael A, 6729 List St NW, $378,000.
Deville Roger L from Adelman Joseph & Cortney A, parcel 10007286 Hills and Dales Rd NW, $150,000.
Eckhardt Conor P & Jennifer M from Eddleman Marilyn K, 3429 Lindbergh Ave NW, $215,000.
Geitgey Randall S from Rogers Raymond A and Nadine v Co Trustees of the Rogers Joint Revocable Trust, 4859 Fulton Dr NW, $1,900,000.
Geitgey Randall S from Rogers Raymond A and Nadine v Co Trustees of the Rogers Joint Revocable Trust, 4925 Fulton Dr NW, $1,900,000.
Lloyd James T & Karen L from Lustig Todd C & Amy M, 9270 Shady Trail NW, $235,000.
Lukes Kyle & Tamara from Caleski David Etal, 5061 Fleetwood Ave NW, $375,000.
Megby Mia C from Longwill Cheryl J, 1230 Plymouth St NW, $159,900.
Murdick Marla J & Jason A from Osterwyk Gary F & Elaine A, 8560 Canter St NW, $425,000.
Pereira Carlos Eduardo Veiga & Vancamp from Brander Weston & Elizabeth, parcel 1627430 Strausser St NW, $665,000.
Pereira Carlos Eduardo Veiga & Vancamp from Brander Weston Scott & Elizabeth Mari, 5838 Strausser St NW, $665,000.
Rama Rental Properties LLC from Brooks Bill E Jr, 1280 Concord St NW, $103,500.
Rohr James C from Gilliland Keith A &Sama L, 6890 Corrine Dr NW, $325,000.
Ruyter William J & Nicki A from Boyd John Jr & Singh Stefanie N, 7015 Emerald Bay Ave NW, $380,000.
Schneider James Owen & Denise from Demuesy Rick A & Marty J, 6800 Hills and Dales Rd NW, $80,000.
Shmagranoff Aleksandr I from Layne Eric R, 8722 Wonderland Ave NW, $216,900.
Teeple Lisa & Ronald from Jones Wayne, 6179 Bayside St NW, $250,000.
Venus Nicholas from Kennard Kelly E, 1320 Leecrest St NW, $160,000.
Zimmer Zachary J from Angle Roseanne, 8765 Jane St NW, $269,000.
Lake Township
Demeio Brian & Meghan from Vision Accomplished LLC, 11855 King Church Ave NW, $340,000.
Kinder Kathryn A & Justin E & from Sutherin Becky S, 1237 Lauren Crest St SW, $149,900.
Liu Dat Q from Huynh Xuong, 9195 Highland Creek Ave NW, $155,000.
Neitzelt Nicholas M & Emily A from Davis Barbara A & Richard A, 3876 Shawnee St NW, $153,700.
Pike Dennis from Fulk Thomas R Jr & Kathryn, 3545 Chisom Trl NE, $305,000.
Romigh Katlyn & Sean P from Ohanian David E & Jennifer, 2177 Carrington St NW, $449,000.
Schroeder Scott Joseph & Tallie L from Owen Roxanne, 3334 Suffolk St NW, $350,000.
Lawrence Township
Sharp Donovan Shay & Brittany N from Hindman William C Jr, 8672 Camelot Ave NW, $210,000.
Louisville
Coon Stephen C & Jennifer L from Coon Stephen C & Jennifer L, 1742 Monter Ave, $2,900.
Davis Thomas E & Janet L TRUSTEES/THOMAS from Begue Harold L, 502 Sycamore Dr, $200,000.
Fabian Frank & Selina Renee from Hodapp William E Jr, 1664 Malone St, $240,000.
Fields Micaela Raye from Prohibited LLC, 106 Reno Dr, $185,000.
Marlboro Township
Besserman Brian from Baswell Larry J & Jimmie F Trustees, 13936 Tope Rd NE, $266,000.
Kennell Cherise L & James P Jr from Hoover Suzette Lynn, 11079 Beeson St NE, $250,000.
Weisent Derek A from Pontius Isabel J, 8822 Pontius St NE, $140,000.
Massillon
Bates Jamie M from Baker Maurica Jo, 1104 Arch Ave SE, $95,000.
Bodnar Patrick & Susan K from Murphy Richard G, 2878 Autumn Ave NW, $197,900.
Competty Matthew T & Carrie from Faiello Troy J, 2205 University Dr SE, $335,000.
Cosgrove Tyler Michael from Adkins Tyler E & Harris Tara A, 1939 Connecticut Ave SE, $105,500.
Drucker Mary from Lung Steven A, 1838 Tremont Ave SE, $169,900.
Gray Spencer Austin & Collett Jocelyn M from Esper Lisa E, 738 Rotch Ave NE, $127,000.
Haubert Marie A from Haubert Marie & John M, 480 Valeside Ave NE, $68,050.
K Hovnanian at Country View Estates LLC from Partner Land Company LLC, parcel 10014530 23rd St SW, $55,000.
K S Yoak Enertprises LLC from John Samuel A, 524 Perry Ave SW, $26,000.
Lamonica Cathy S & Joseph S from Pulkownik Katharine, 1748 Oak Trl NE, $130,000.
Max Copper LLC from Lab Douglas J, 1117 North Ave NE, $450,000.
Max Copper LLC from Lab Douglas J, 1125 North Ave NE, $450,000.
Max Copper LLC from Lab Douglas J, 1133 North Ave NE, $450,000.
Max Copper LLC from Lab Douglas J, 131 Wales Rd NE, $450,000.
Max Copper LLC from Lab Douglas J, 135 Wales Rd NE, $450,000.
Max Copper LLC from Lab Douglas J, 141 Wales Rd NE, $450,000.
Max Copper LLC from Lab Douglas J, 145 Wales Rd NE, $450,000.
May Brooke A from Hinton Capital Investments, 1210 Woodland Ave SE, $27,000.
Meriggiare LLC from Lega Chris, 1221 Borden Ave SW, $70,000.
Morning Star United Holy Church of from Troyer Raymond N & Ruth E, parcel 10015137 Walnut Rd SE, $6,000.
Osterwyk Gary & Elaine from Cherry Springs Condos LLC, 1035 Queen Anne Dr NW Condo 1035, $268,900.
Paul Nancy J from Paul William G & Nancy J, 339 Lori Ave NE, $74,000.
Shanklin Nicholas F from Sargent Paul R, 117 15th St SW, $124,000.
Zimmerman Stephen from Williams Kabaka, 415 4th St SE, $15,500.
Nimishillen Township
Berdella Shelby M from Griggy James E, parcel 3302855 Rosedale St NE, $30,000.
Fairway Investment Group LLC from Swope Carla J Ttee, 4016 Victory Ave NE, $35,000.
French Timothy M Jr & Megan L from Silvus Penny L & Jeffrey A, 4695 Grapeland Ave, $118,000.
Lega Christopher Allen from Garrott Aaron & Sharayah, 5374 Columbus Rd NE, $178,000.
Molnar Michael J from Ceraolo Carmelo J, 4796 Leone Rd NE, $166,800.
Molnar Michael J from Ceraolo Carmelo J, parcel 3305405 Leone Rd NE, $13,200.
Potts Jason Thomas from Thomas Daniel F & Linda J, 5750 Broadway Ave, $180,000.
US Bank Nat’l Association Ttee from Popick Doris J & Basile Kathy, 5200 Broadway Ave, $52,000.
North Canton
Burgess Brandon J from Milnac Kara L, 449 Werstler Ave NW, $162,000.
Friel Darcy from Mccracken Deborah A, 121 9th St NE, $98,000.
Gab Real Estate Holdings LLC from Harper Lauren M & Margaret M Co Trustee, 811 N Main St, $270,000.
Hostetler Norman R & Sarah Maxine Co-Tte from Metzger Jean, 2020 Wynstone Cir NE, $315,000.
Mccoy Aidan A from Uysal Tugral A, 325 W Maple St, $105,000.
Otonicar Diane M from Karas Michael A & Coomes Andrea J, 1025 Dogwood Ave NE, $150,000.
Pand Properties LLC from White Marjorie L, 324 Glenwood St SE, $169,000.
Trennell Helen from Reed Jared B, 1120 Janet Ave NW, $239,500.
Winslow Brooke from Marquardt Robert, 1852 Beechwood Ave NE, $135,000.
Osnaburg Township
Chatterjee Amit K & Pallabi from NVR Inc D/B/A Ryan Homes, 5946 Quarry Lake Dr SE, $353,410.
Namdar DG Realty LLC from JSMN Dollar General Properties LLC, 120 Plum St N, $589,192.
North Coast Properties of Ohio LLC from Hoover James M & Lewis Tammy E, 10950 Mitchell Rd SE, $150,100.
Paris Township
Green Guy & Lynnette from Clark John A, 1792 Union Ave SE, $132,000.
Tanner Randy from Gorrell Robert J & Della W, 2371 Paris Ave SE, $94,782.
Perry Township
Cheatham Katie M from Miller Steven L & Crew Sharon L, 703 Netherwood Ave NW, $215,000.
Colby Mia & Ethan from Harbert Timothy H. and Katherine L., 4815 Monticello Ave NW, $190,000.
Fox Lauren Elizabeth from Lambert Ryan A, 2285 Brooklyn Ave SW, $117,000.
Frantz Jared N Sr & Molly J from Garabrandt Justis, 3540 Spindle St NW, $215,000.
Freeman Terry II & Melanie from Aslanes Anthony S, 5272 Beth Ave SW, $184,000.
Fulmer Joshua from Clay Christopher P & Susan M, 1324 Western Ave SW, $113,500.
Hettinger Rita from Weaver William Jr &Diss Diana, 5687 Patrick St SW, $225,900.
Mazeall Michael & Shelly from Palmer Peter S A & Paula Trustees, 128 Leonard Ave NW, $130,000.
Prelac Taylor M & Tyler J from Dowling Michael J & Karen L, 1240 Delverne Ave SW, $114,000.
Vanbuskirk Mckenna & Johnston Austin from Mcfarland Nuchjarin, 1538 Perry Dr NW, $200,000.
Yerian Mitchell J from Moss Daniel & Moss-Woodson Jessica, 512 Lennox Ave SW, $80,000.
Pike Township
Fulk Thomas R Jr & Kathy from Hostetler David D & Esther R, 8340 Cleveland Ave SE, $305,000.
Grisez Kathleen A from Fogle Danny L, 2506 Kingsbury Dr SW, $41,500.
Hoffman Ryan M & Katherine E from Harper Ginny L, 5700 Ridge Ave S, $235,000.
Jackson Scott from Schneider Margaret L & Hopkins George El, 2221 Kingsbury Dr SW, $1,000.
Lee Jason I from Guardian Rentals LLC, 10465 Sandyville Ave SE, $40,000.
Nelson Noreen from Mcinnes Debra & James, 5719 Sherbourne Dr SW, $72,500.
Plain Township
A C Construction Stark Inc from Mckinley-Applegroveltd, 955 Honeysuckle Cir NE, $131,000.
Brinkley David A II from Brinkley David A, 2301 48th St NE, $125,000.
Caldwell Heather & Avery from Carr Joshua J & Elizabeth C, 1010 Milford St NE, $135,000.
Edwards Mark & Funk Keri from Spangler James W, 1243 Danbury Rd NW, $315,000.
Fessler Sarah & Shaun from Donohue Nicholas Andrew, 8078 Garnet Ave NE, $225,000.
Gupta Jennifer Ann & Eric R from NVR Inc D/B/A Ryan Homes, 1319 Southbrook Cir NE, $429,975.
Hatzarides George from Hatzarides John, 1002 Spangler St NE, $60,000.
Hayes Sally & Richard from Breckenridge Thomas J, 2118 Philzer St NW, $201,900.
Johnson Hillary D from Rankin Lorraine, 1000 Milford St NE, $190,000.
Leo Barker Property Management LLC from Zeke Properties LLC, 7192 Middlebranch Ave NE, $80,000.
Leone Laura L from NVR Inc D/B/A Ryan Homes, 1335 Southbrook Cir NE, $367,660.
Marquis George W & Kelly Kathleen M from Donohue James C & Barbara TRUSTEES/JAMES, 1814 Summerchase Rd NE, $495,000.
May Michael A Jr & Cortni L from Ward Mike & Lynnette, 1310 Vincent Rd NW, $214,900.
Miller Sara & Jordan from Allison James F & Marian E, 3743 Cranwood St NW, $145,000.
Morris Matthew & Donaldson Sarah from D’sa Ryan P & Maureen K, 1814 Secretariat St NE, $340,000.
Norcia David & Terri from NVR Inc., A Virginia Corporation, DBA, 1300 Southbrook Cir NE, $507,495.
Paar Amy Elizabeth from Equity Trust Company Heather & Chris, 7965 Sandleford Ave NW, $375,000.
Rodriguez Victor Flores & Nicole from Rodriguez Victor Flores & Fredis Cruz &, 1636 Seabiscuit Dr NE, $72,500.
Scott Betty A from A. C. Construction Stark Inc, 950 Honeysuckle Cir NE, $92,000.
Tracy Austin J & Bartels Dianne from Hayes Richard & Sally, parcel 5209057 Oakpark St NW, $199,900.
Tracy Austin J & Bartels Dianne from Hayes Sally & Richard, 5565 Brentwood Ave NW, $199,900.
Troyer David D from Cantrell Doug & Douglas W, 3435 Dapplegray St NW, $221,000.
TW Humble Oak LLC from Shoemaker & Molder Inc, parcel 10015007 Werner Church Rd NE, $250,000.
Unruh Bradley & Elisha from Ohler Garrett N & Brittany A, 2320 52nd St NE, $276,000.
Wagler Tonya J from Impagliozza Donald J & Jane A, 3315 27th St NW, $165,000.
Wells Fargo Bank, Na from Holmes Justin M & Tiffany, 1935 39th St NE, $78,384.
Zion City Homes LLC from RKL Properties LLC, 5823 Glyn Ave NW, $178,000.
Sandy Township
Cline Michael A from Stillion Ryan S, 127 Market St, $122,000.
Mckinney Brenda A & Hobert F from Stewart John & Kathy, 161 Lisbon St W, $60,000.
Sugarcreek Township
Barn View Investments LLC from Duncan Lori J, 124 Main St E, $40,000.
Keith Warren R & Anna L from Lamb John P & Donnar, 131 2nd Ave SE, $158,000.
Moore Ryan M & Caroline from LK1 Investments LLC & Big D Real Estate, 495 2nd St SW, $129,900.
Paul Brian C & Lisa D from Weaver Ivan H & Lizzie E, 807 Maple St W, $75,000.
Tuscarawas Township
Gossard Todd A & Jessica M from Arney Leroy D & Gloria D, 2630 Lyndale Ave NW, $220,000.
Gossard Todd A & Jessica M from Arney Leroy D & Gloria D, parcel 7202040 Lyndale St NW, $220,000.
Hooper Enterprises LLC from Mandeville Stephen A, 2481 Upland Ave SW, $43,000.
Theis Denise & Holkenborg Jon from Lunsford Joshua A & Gina M, 13127 Kimmens Rd SW, $360,000.
Yoder Eli R & Iva J from Martin Thomas M & Judy A, 3448 Manchester Ave SW, $600,000.
Washington Township
Sheen Matthew J & Lela A from Sheen Michelle L Ttee/ Michelle L Sheen, 724 Bayton St E, $90,000. | https://www.cantonrep.com/story/news/2022/05/20/stark-county-real-estate-transfers-april-23-29/9798550002/ | 2022-05-20T10:12:43Z |
NEW YORK, Aug. 23, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AVYA, QTNT, ACB, MRIN, and M.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- AVYA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AVYA&prnumber=082320226
- QTNT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=QTNT&prnumber=082320226
- ACB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ACB&prnumber=082320226
- MRIN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=MRIN&prnumber=082320226
- M: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=M&prnumber=082320226
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
View original content to download multimedia:
SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/08/23/thinking-about-buying-stock-avaya-holdings-quotient-aurora-cannabis-marin-software-or-macys/ | 2022-08-23T16:47:44Z |
- Eplontersen showed statistically significant and clinically meaningful improvements in mNIS+7 and Norfolk QoL-DN
- Eplontersen demonstrated a favorable safety profile
- Ionis and AstraZeneca expect to file a New Drug Application this year
CARLSBAD, Calif., June 21, 2022 /PRNewswire/ -- Ionis Pharmaceuticals, Inc. (Nasdaq: IONS) today announced positive topline results from a 35-week interim analysis of the Phase 3 NEURO-TTRansform study of Ionis and AstraZeneca's eplontersen in patients with hereditary transthyretin-mediated amyloid polyneuropathy (ATTRv-PN). Eplontersen demonstrated a statistically significant and clinically meaningful change from baseline for the co-primary endpoints of percent change in serum transthyretin (TTR) concentration and the modified Neuropathy Impairment Score +7 (mNIS+7), a measure of neuropathic disease progression, versus the historical placebo group. Eplontersen also met its key secondary endpoint of change from baseline in the Norfolk Quality of Life Questionnaire-Diabetic Neuropathy (Norfolk QoL-DN), showing treatment with eplontersen significantly improved patient-reported quality of life versus the historical placebo group.
In the study, eplontersen demonstrated a favorable safety and tolerability profile with no specific concerns. The study data are consistent with the clinical profile seen across Ionis' other LICA programs, further validating how advancements in the company's LIgand-Conjugated Antisense technology position Ionis to deliver potentially transformative treatments for a range of unmet medical needs.
Based on these study results, the companies will seek regulatory approval for eplontersen for ATTRv-PN and plan to file a new drug application with the U.S. Food and Drug Administration this year.
"These encouraging data reinforce the safety profile of eplontersen and demonstrate clear evidence of its potential to provide much needed therapeutic benefit to patients living with hereditary transthyretin-mediated amyloid polyneuropathy," said Teresa Coelho, M.D., a neurologist and neurophysiologist at Hospital Santo António, Centro Hospitalar Universitário do Porto, Portugal and an investigator for the NEURO-TTRansform study.
"We are pleased that the data in the NEURO-TTRansform study demonstrate eplontersen had a positive impact on disease progression, including improvement in neuropathy impairment and quality of life in a substantial number of patients. These highly statistically significant and clinically meaningful results put us on the cusp of providing a new therapeutic option for polyneuropathy patients living with this debilitating and fatal disease," said Eugene Schneider, M.D., Ionis' executive vice president and chief clinical development officer. "We are grateful to the patients, families and clinicians who are participating in NEURO-TTRansform. Without their commitment the eplontersen program would not have progressed as successfully as it has."
The data from the 35-week interim analysis will be presented at an upcoming medical meeting later this year.
As part of a global development and commercialization agreement between Ionis and AstraZeneca, eplontersen is being jointly developed and commercialized by both companies in the U.S. and will be developed and commercialized in the rest of the world by AstraZeneca (with the exception of Latin America).
Eplontersen was granted Orphan Drug Designation in the U.S. It is also currently being evaluated in the Phase 3 CARDIO-TTRansform study for amyloid transthyretin cardiomyopathy (ATTR-CM), a systemic, progressive and fatal condition that leads to progressive heart failure and death within four years from diagnosis.
For more information on the NEURO-TTRansform study, please visit: https://clinicaltrials.gov/ct2/show/NCT04136184.
NEURO-TTRansform is a global, open-label, randomized study evaluating the efficacy and safety of eplontersen in patients with hereditary transthyretin-mediated amyloid polyneuropathy (ATTRv-PN). The study has enrolled adult patients with stage 1 or stage 2 polyneuropathy and will compare efficacy of eplontersen to the historical placebo arm from the TEGSEDI® (inotersen) NEURO-TTR registrational study that Ionis completed in 2017. The final primary endpoint analysis will be completed at week 66 and all patients will be followed until week 85 when they will have the option to transition into the open label extension study.
The co-primary efficacy endpoints at week 66 are:
- Percent change from baseline in serum TTR concentration
- Change from baseline in the modified Neuropathy Impairment Score +7 (mNIS+7), a measure of neuropathic disease progression
- Change from baseline in the Norfolk Quality of Life Questionnaire-Diabetic Neuropathy (Norfolk QoL-DN)
Eplontersen is an investigational antisense medicine that uses Ionis' advanced LIgand-Conjugated Antisense, or LICA, technology designed to inhibit the production of the transthyretin (TTR) protein at its source. Eplontersen, which is planned to be delivered to patients via an autoinjector, is in development to treat all types of ATTR, a systemic, progressive and fatal disease.
Hereditary transthyretin amyloidosis (ATTRv) is a severe, progressive, and life-threatening disease caused by the abnormal formation of the TTR protein and aggregation of TTR amyloid deposits in various tissues and organs throughout the body, including in peripheral nerves, the heart and intestinal tract. The progressive accumulation of TTR amyloid deposits in these organs often leads to intractable peripheral sensorimotor neuropathy, autonomic neuropathy, and/or cardiomyopathy, as well as other disease manifestations. Hereditary transthyretin amyloidosis causes significant morbidity and progressive decline in quality of life, severely impacting activities of daily living. The disease often progresses rapidly and can lead to premature death. The median survival is 4.7 years following diagnosis.
For more than 30 years, Ionis has been the leader in RNA-targeted therapy, pioneering new markets and changing standards of care with its novel antisense technology. Ionis currently has three marketed medicines and a premier late-stage pipeline highlighted by industry-leading cardiovascular and neurological franchises. Our scientific innovation began and continues with the knowledge that sick people depend on us, which fuels our vision of becoming a leading, fully integrated biotechnology company.
To learn more about Ionis, visit www.ionispharma.com and follow us on Twitter @ionispharma.
This press release includes forward-looking statements regarding Ionis' business and the therapeutic and commercial potential of Ionis' technologies, eplontersen and other products in development. Any statement describing Ionis' goals, expectations, financial or other projections, intentions or beliefs is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, including those related to the impact COVID-19 could have on our business, and including but not limited to, those related to our commercial products and the medicines in our pipeline, and particularly those inherent in the process of discovering, developing and commercializing medicines that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such medicines. Ionis' forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements.
Although Ionis' forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Ionis. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Ionis' programs are described in additional detail in Ionis' annual report on Form 10-K for the year ended Dec. 31, 2021, and the most recent Form 10-Q quarterly filing, which are on file with the SEC. Copies of these and other documents are available from the Company.
In this press release, unless the context requires otherwise, "Ionis," "Company," "we," "our," and "us" refers to Ionis Pharmaceuticals and its subsidiaries.
Ionis Pharmaceuticals® is a trademark of Ionis Pharmaceuticals, Inc.
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SOURCE Ionis Pharmaceuticals, Inc. | https://www.kxii.com/prnewswire/2022/06/21/ionis-announces-eplontersen-met-co-primary-secondary-endpoints-interim-analysis-phase-3-neuro-ttransform-study-hereditary-transthyretin-mediated-amyloid-polyneuropathy-attrv-pn/ | 2022-06-21T06:14:48Z |
FRESNO, Calif., Aug. 8, 2022 /PRNewswire/ -- Members of the Fresno City Council will join with health and safety advocates from Alcohol Justice and the Friday Night Live Partnership at a Fresno City Hall press event to oppose California SB 930. The "gut & amend" bill, authored by Senator Scott Wiener (D-San Francisco), and Assembly Member Mark Haney (D-San Francisco), is the 5th attempt since 2013 to disrupt the protections of California's statewide uniform last call.
SB 930 would allow closing times for on-sale retailers to be extended from 2 a.m. to 4 a.m. as part of a dangerous "pilot program." The experiment would take place in 6 cities: San Francisco, Oakland, West Hollywood, Cathedral City, Coachella, and Palm Springs. Fresno was originally the 7th city in the pilot program but requested to be removed from the bill due to opposition among Fresno city leaders who will be voting on an opposition resolution later this week.
What: Press Conference
When: Tuesday August 9, 2022 10:00 a.m.
Where: Fresno City Hall 2600 Fresno Street, Media Room 2120 2nd floor.
Who:
- Councilmember Garry Bredefeld (District 6)
- Councilmember Tyler Maxwell (District 4)
- Councilmember Miguel Arias (District 3)
- Cruz Avila, Executive Director, Alcohol Justice
- Carson Benowitz-Fredericks, MSPH, CHES, Research Director, Alcohol Justice
- Lynne Goodwin, Administrator, Friday Night Live Partnership
Why:
One of the main points of opposition is that there is no "local control" when it comes to alcohol because the danger, harms and costs will not stay in the "Pilot Project Cities" where the drinking and economic benefits occur. If the bill becomes law, all surrounding communities of pilot project cities will be threatened by late night drinkers traveling drunk and fatigued in the early morning commute hours.
According to the Center for Disease Control (CDC), California currently suffers more annual alcohol-related harm than any other state: 11,000 alcohol-related deaths, $35 billion in total costs, $18.5 billion in state costs. The CDC also identifies maintaining existing last call times as one of the 10 key policies for reducing the harms from reckless drinking and from alcohol-related motor vehicle deaths.
Fresno is following actions by the Los Angeles City Council which passed a resolution of opposition last week, and the powerful Los Angeles County Democratic Party (LACDP) that came out against SB 930 in a letter made public last week.
SB 930:
- Is a poorly conceived and inadequately funded pilot project
- Strips away uniform protections of statewide 2 a.m. last call
- Costs the state at least $3-4 million per year to administer, mitigate the harm, and clean the blood off the highway; costs cities and towns in "Splash Zones" millions more
- Disregards 40 years of peer-reviewed, public health research on the dangers of extending last call
- Ignores the existing annual catastrophe of alcohol-related harm in California
- Uses the false narrative of COVID economic recovery to subsidize and reward late-night alcohol-sellers at government and tax-payer expense
Alcohol Justice encourages the public to TAKE ACTION to STOP SB 930: Text JUSTICE to 313131 or visit: https://alcoholjustice.org/take-action/stop-sb-930-no-late-last-calls-in-ca-not-now-not-ever
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SOURCE Alcohol Justice | https://www.kxii.com/prnewswire/2022/08/08/fresno-city-council-members-join-health-safety-advocates-oppose-sb-930-4-am-bar-bill/ | 2022-08-08T20:11:52Z |
Jewett-Cameron Announces 3rd Quarter Financial Results
Published: Jul. 14, 2022 at 4:06 PM CDT|Updated: 1 hour ago
NORTH PLAINS, Ore., July 14, 2022 /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. (NASDAQ: JCTCF) today reported financial results for the third quarter and nine-month periods of fiscal 2022 ended May 31, 2022.
Sales for the third quarter of fiscal 2022 totaled approximately $20.9 million compared to sales of $21.6 million for the third quarter of fiscal 2021. Income from operations was $2,019,644 compared to $2,638,011 for the third quarter ended May 31, 2021. Net income after other items and income taxes for the current quarter was $1,494,111, or $0.43 per share, compared to net income of $2,414,477, or $0.69 per share, in the same quarter of 2021.
For the nine months ended May 31, 2022, Jewett-Cameron reported sales of $47.9 million compared to sales of $42.4 million for the nine months ended May 31, 2021. Net income was $1,372,789, or $0.39 per share, compared to net income of $2,849,839, or $0.82 per share, for the first nine months of fiscal 2021.
Net income for both the three and nine-month periods ended May 31, 2021 were positively affected by a one-time gain of $687,387 related to the forgiveness of the Company's PPP loans.
"Our decision to build our most important inventory at the beginning of our busy Spring and Summer season worked well," said CEO Chad Summers. "It reduced some product costs and helped insulate us against the continuing supply chain disruptions from China. We were able to provide high product availability and on-time fulfillment rates for our customers. We remain well positioned with our inventory on hand entering the 4th quarter."
As of May 31, 2022, the Company's cash position was approximately $2.1 million, and there was $9.0 million borrowed against its $10.0 million line of credit. Subsequent to the end of the period, the Company repaid an additional $1.0 million, and as product is sold and accounts receivable are collected, we expect to continue to repay the amount drawn against the line.
About Jewett-Cameron Trading Company Ltd.
Jewett-Cameron Trading Company is a holding company that, through its subsidiaries, operates out of facilities located in North Plains, Oregon. Jewett-Cameron Company's business consists of the manufacturing and distribution of patented and patent pending specialty metal products, wholesale distribution of wood products, and seed processing and sales. The Company's brands include Lucky Dog®, for pet products; Adjust-A-Gate™, Fit-Right®, Perimeter Patrol®, Infinity Euro Fence, and Lifetime Post™ for gates and fencing; and Early Start, Spring Gardner™, Greenline®, and Weatherguard for greenhouses. Additional information about the Company and its products can be found the Company's website at www.jewettcameron.com.
Forward-looking Statements
The information in this release contains certain forward-looking statements that anticipate future trends and events. These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks, including but not limited to, the uncertainties of the Company's new product introductions, the risks of increased competition and technological change in the Company's industry, and other factors detailed in the Company's SEC filings. Accordingly, actual results may differ, possibly materially, from predictions contained herein.
Contact: Chad Summers, President & CEO, (503) 647-0110
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SOURCE Jewett-Cameron Trading Company Ltd.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/07/14/jewett-cameron-announces-3rd-quarter-financial-results/ | 2022-07-14T22:10:03Z |
JACKSON, Wyo. (AP) — A woman accused of intentionally providing wrong information in the search for a missing man in Grand Teton National Park has been banned from the park and ordered to pay restitution.
Heather Mycoskie, 40, must stay out of the park in northeastern Wyoming for five years and pay $17,600 under a deferred-prosecution agreement, park officials said in a statement Thursday.
Such agreements allow defendants to avoid prosecution if they meet certain requirements.
Mycoskie allegedly reported last June that she had seen Cian McLaughlin, 27, of Jackson, the day he disappeared almost two weeks earlier and that he was headed toward Taggart Lake because he planned to jump off his favorite rock into the water.
The information proved false and other people told investigators Mycoskie fabricated the sighting to ensure that search efforts continued, the statement from park officials said.
All other sightings put McLaughlin, who is still missing following his disappearance June 8, 2021, on trails heading toward a different area of the park, according to the statement.
The allegedly false meant that officials spent more than 500 fruitless hours searching, conducting investigations and completing reports, the statement said.
The deferred prosecution agreement allows Mycoskie to continue to use Jackson Hole Airport, which is located within Grand Teton, and the main highway through the park, as long as she does not stop or recreate.
Mycoskie’s attorney until the deferred prosecution agreement was signed in February, Darci Phillips, has since been appointed as a Wyoming district judge and declined to comment Friday.
Mycoskie, formerly of Jackson, recently moved to Costa Rica. She did not immediately return an Instagram message Friday seeking comment.
She was previously married to TOMS Shoes founder Blake Mycoskie, who sold his Jackson home in November, the Jackson Hole News&Guide reported.
Searchers plan to continue looking for McLaughlin this summer. | https://cw33.com/news/u-s-news/ap-us-headlines/woman-banned-from-grand-teton-in-missing-man-false-report/ | 2022-06-10T20:45:51Z |
Memorial service for Billy P. Stanford, 80, of Belton will be held at Dossman Funeral Home Chapel on Tuesday, June 21, 2022 at 1:00 PM. The graveside service will be held with immediate family at a later date.
After an unexpectant surgical procedure, Bill Stanford passed away suddenly while recovering in the hospital on Wednesday, June 8, 2022.
Billy Pate Stanford was born on October 6, 1941, in Temple, the son of Joe Bailey and Pauline (Kelley) Stanford. He married his wife of 58 years, Dianna Lee Blight, on September 19, 1964.
Bill graduated from Belton High School in 1960. He also attended Temple College and University of Mary Hardin Baylor. Bill was a member of the First Methodist Church in Belton. He was a proud member for the United States Army as well. He began working at HEB Food Stores while in high school and eventually became the store director for the Belton HEB. In 1976, he began his career in Human Resources to include-Susquehanna Corporation, Temple Products, Inc., King’s Daughters Hospital, Central Texas 4-C, and Carpenter Company. Finally retiring for the 2nd time in 2018.
Bill Stanford had a deep commitment to his community as he served on many boards and councils throughout his life. Some of them include-Belton School Board (1980-89, he never missed a meeting), Belton City Council (1989-95, 2003-04)-Major Pro-Tem (1990-93), Belton Rotary Club (1969-2018), Central Texas Workforce (1992-2018), Central Texas United Way (1997-2012), Belton Senior Citizens Center (1983-2005), Central Texas Alcohol Rehabilitation Center Board (1997-present), Belton Jaycees, Central Texas Council of Government, Bell County Board of Health, Blue Bonnet Girl Scout Council, Heart of Texas Hospice, Mid Texas Chapter of Red Cross, and many more.
Bill also had a life-long passion for politics and was a VERY proud member of the Republican Party. Some of his political involvement includes-Bell County Republican Party Executive Committee, Bell Conservative PAC Board, Bell Freedom Institute Board, Bell Freedom Foundation Board, Bell County Republican Convention, Texas Republican State Convention, Republican Party National Convention, Presidential Inaugurations (Reagan 1981, Bush 2001).
Bill’s biggest love was his family and greatest source of joy were his grandchildren-Ashton Lee Sortor, Payton Daine Stanford, Chase Avery Sortor, Anikka Ree Furnace, Dakota Allen Bailey Furnace, Maelee Anne Sortor, Rylie Lewis Blackwood, and Wyatt Layne Blackwood. He loved his dog-Olivia, Baylor sports, the Astros, John Wayne and Clint Eastwood movies, coffee with his buddies, watching his grandchildren play sports, mowing his lawn, game night with his friends, and playing baseball in the backyard with his grandchildren.
He is preceded in death by his parents. Survivors include his wife, Dianna Stanford: three daughters-Lisa Lee Stanford-Sortor of Belton, Suzanne Annette Furnace of Belton, and Paula Jo Blackwood, husband-Lewis of Troy: Brother-Larry Stanford, wife-Jo Linda of Temple: Sisters-Judith Younts, husband-Jimmy of Burleson, and Kathy Boyd of Temple: grandchildren-listed above, and numerous cousins, nieces, and nephews.
In lieu of flowers, please consider a contribution to the First United Methodist Church, 205 E. 3rd Ave, Belton, TX, 76513. | https://www.tdtnews.com/obituaries/article_b6719390-ebfc-11ec-991d-1f2a428a8e15.html | 2022-06-19T12:59:30Z |
Net sales increase 16.1% year-over-year to $34.1 million; up 34.3% compared to 2020
Delivers 10th straight quarter of year-over-year net sales growth
MORTON GROVE, Ill., Aug. 26, 2022 /PRNewswire/ -- Lifeway Foods, Inc. (Nasdaq: LWAY) ("Lifeway" or "the Company"), a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today reported financial results for the first quarter ended March 31, 2022.
"I am pleased to announce that the first quarter marked yet another consecutive quarter of growth for Lifeway, highlighted by 16.1% year-over-year net sales growth," commented Julie Smolyansky, Lifeway's President and Chief Executive Officer. "Like others in the industry, we have faced inflationary challenges throughout 2022, but our team has worked tirelessly to respond swiftly to the dynamic operating environment and take decisive action in an effort to preserve our margin. We remain very encouraged by the demand of our drinkable Kefir product, which is the core driver of our results. We were recently awarded another rotation of Lifeway Kefir distribution at a large retailer in the club channel and have expanded our efforts to increase our presence in high visibility away-from-home locations, such as universities, small format convenience stores and healthcare settings. We are crafting strategy to build upon the amazing momentum we have amassed over the past two years and will work to maximize our gains by expanding product assortment with key retailers and reaching new customers with targeted marketing tactics. Consumers remain focused on immunity and gut health, and our probiotic Lifeway Kefir is well-positioned for continued growth as our addressable market expands."
First Quarter 2022 Results
Net sales were $34.1 million for the first quarter ended March 31, 2022, an increase of $4.7 million or 16.1% from the same period in 2021. The net sales increase was primarily driven by higher volumes of our branded drinkable kefir and the impact of price increases implemented during the quarter, and to a lesser extent the favorable impact of our acquisition of GlenOaks Farms during the third quarter of 2021.
Gross profit as a percentage of net sales was 16.4% for the first quarter ended March 31, 2022.
Delayed Reporting of Financial Results
As previously announced, the Company experienced delays in reporting its financial results and filing its 10-K for the year ended December 31, 2021, which was subsequently filed on July 21, 2022. As a result, the reporting of financial results and filing of its 10-Q for the first quarter ended March 31, 2022 was also delayed.
About Lifeway Foods, Inc.
Lifeway Foods, Inc., which has been recognized as one of Forbes' Best Small Companies, is America's leading supplier of the probiotic, fermented beverage known as kefir. In addition to its line of drinkable kefir, the company also produces cheese, probiotic oat milk, and a ProBugs line for kids. Lifeway's tart and tangy fermented dairy products are now sold across the United States, Mexico, Ireland and France. Learn how Lifeway is good for more than just you at lifewayfoods.com.
Forward-Looking Statements
This release (and oral statements made regarding the subjects of this release) contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives. These statements use words, and variations of words, such as "continue," "build," "future," "increase," "drive," "believe," "look," "ahead," "confident," "deliver," "outlook," "expect," and "predict." Other examples of forward looking statements may include, but are not limited to, (i) statements of Company plans and objectives, including the introduction of new products, or estimates or predictions of actions by customers or suppliers, (ii) statements of future economic performance, and (III) statements of assumptions underlying other statements and statements about Lifeway or its business. You are cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events and thus are inherently subject to uncertainty. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from Lifeway's expectations and projections. These risks, uncertainties, and other factors include: price competition; the decisions of customers or consumers; the actions of competitors; changes in the pricing of commodities; the effects of government regulation; possible delays in the introduction of new products; and customer acceptance of products and services. A further list and description of these risks, uncertainties, and other factors can be found in Lifeway's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and the Company's subsequent filings with the SEC. Copies of these filings are available online at https://www.sec.gov, http://lifewaykefir.com/investor-relations/, or on request from Lifeway. Information in this release is as of the dates and time periods indicated herein, and Lifeway does not undertake to update any of the information contained in these materials, except as required by law. Accordingly, YOU SHOULD NOT RELY ON THE ACCURACY OF ANY OF THE STATEMENTS OR OTHER INFORMATION CONTAINED IN ANY ARCHIVED PRESS RELEASE.
Contact:
Lifeway Foods, Inc.
Phone: 847-967-1010
Email: info@lifeway.net
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SOURCE Lifeway Foods, Inc. | https://www.wibw.com/prnewswire/2022/08/26/lifeway-foods-inc-announces-results-first-quarter-ended-march-31-2022/ | 2022-08-26T13:53:13Z |
ARLINGTON, Va., May 31, 2022 /PRNewswire/ -- Osteoporosis Awareness and Prevention Month is commemorated annually in May. In support of the month, eight states have taken steps through legislation and executive action to raise awareness about the growing crisis of osteoporosis. Georgia, Illinois, Maryland, Nevada, New York, Pennsylvania, Wisconsin, and West Virginia have introduced, passed legislation or made gubernatorial proclamations calling for engagement to raise awareness about the importance of bone health throughout the lifespan.
"Approximately 54 million Americans are impacted by osteoporosis and low bone mass," said Claire Gill, CEO of the Bone Health and Osteoporosis Foundation (BHOF). "Unfortunately, most people aren't aware of the critical role bone health plays in our overall health and wellbeing. It is important to advocate for making bone health a greater priority on America's health agenda."
In 2021, BHOF commissioned a report from the actuarial firm, Milliman, to provide the latest, most detailed state-level review of the incidence of osteoporotic fractures, its health care impact, and associated Medicare costs. Overall, the report found that 1.8 million Medicare beneficiaries suffered 2.1 million fractures in 2016. Preventing just 20% of subsequent fractures could have saved $1.1 billion dollars in healthcare costs to Medicare.
For information about what can be done from a policy standpoint to strengthen bone health awareness and reduce osteoporotic fractures, visit https://www.bonehealthpolicyinstitute.org/.
About the Bone Health and Osteoporosis Foundation (formerly the National Osteoporosis Foundation)
Established in 1984, the Bone Health and Osteoporosis Foundation is the nation's leading health organization dedicated to promoting strong bones for life, preventing osteoporosis and broken bones, and reducing human suffering through programs of awareness, education, advocacy, and research. For more information on the Bone Health and Osteoporosis Foundation, visit http://www.bonehealthandosteoporosis.org
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SOURCE Bone Health and Osteoporosis Foundation | https://www.mysuncoast.com/prnewswire/2022/05/31/several-states-take-action-strengthen-bone-health-awareness-combat-osteoporosis/ | 2022-05-31T22:42:26Z |
HANGZHOU, China, July 13, 2022 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG), ("Hailiang Education", the "Company" or "We"), an education and management services provider in China, today announced that on July 11, 2022, the Company received two notices of deficiency (each, a "Notice", and collectively, the "Notices") from the Listing Qualifications Department of The Nasdaq Stock Market (the "Nasdaq"), stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(2) and Nasdaq Listing Rules 5620(a) and 5810(c)(2)(G) for continued listing, because the Company failed to timely file its semi-annual financial information for the half year ended December 31, 2021 on Form 6-K (the "1H 2022 6-K") with the U.S. Securities and Exchange Commission (the "SEC"), and failed to hold an annual meeting of stockholders (the "2022 AGM") within 12 months of the end of the Company's fiscal year end. The Notices have no immediate effect on the listing or trading of the Company's securities.
Under Nasdaq rules, for the 1H 2022 6-K, the Company has 60 calendar days from the date of the Notice to submit a plan to regain compliance, and if Nasdaq accepts the Company's plan, Nasdaq may grant an exception of up to 180 calendar days from the due date of the 1H 2022 6-K, or until December 27, 2022, to regain compliance. However, there is no assurance that Nasdaq will accept the Company's plan for the 1H 2022 6-K to regain compliance, or that the Company will be able to regain compliance within any extension period granted by Nasdaq. The Notice further states that in determining whether to accept the Company's plan for the 1H 2022 6-K, Nasdaq will consider such things as the likelihood that the 1H 2022 6-K, along with any subsequent periodic filing that will be due, can be made within the 180 day period, the Company's past compliance history, the reasons for the late filing, other corporate events that may occur within Nasdaq's review period, the Company's overall financial condition and its public disclosures. If Nasdaq does not accept the Company's plan for the 1H 2022 6-K, then the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel.
For the 2022 AGM, the Company has 45 calendar days to submit a plan to regain compliance with the Rules. If Nasdaq accepts the Company's plan for the 2022 AGM, Nasdaq may grant the Company an extension of up to 180 calendar days from the Company's fiscal year end, or until December 27, 2022, to regain compliance. The Notice further states that in determining whether to accept the Company's plan for the 2022 AGM, Nasdaq will consider such things as the likelihood that the annual meeting can be held within the 180-day period, the Company's past compliance history, the reasons for the delayed meeting, other corporate events that may occur during the review period, the Company's overall financial condition and its public disclosures. If Nasdaq does not accept the Company's plan for the 2022 AGM, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel.
The Company failed to file the 1H 2022 6-K with the SEC and failed to hold the 2022 AGM on a timely basis because it has been focusing its resources on its previously announced going private transaction (the "Privatization"), which is expected to close during the third quarter of 2022. If consummated, the Privatization would result in the Company becoming a privately held company and its American Depositary Shares would no longer be listed on the Nasdaq.
The Company is working diligently to file its 1H 2022 6-K and hold its 2022 AGM as soon as practicable and within the timeline prescribed by Nasdaq.
About Hailiang Education Group Inc.
Hailiang Education Group Inc. (Nasdaq: HLG) is an education and management service provider in China. The Company primarily focuses on providing distinguished, specialized, and internationalized education. Hailiang Education is dedicated to providing students with high-quality high school curriculum education, student management services, ancillary educational services, and education and management services, and it strives to maintain the high quality of its students' life, study, and development. Hailiang Education adapts its educational services based upon its students' individual aptitudes. Hailiang Education is devoted to improving its students' academic capabilities, cultural accomplishments, and international perspectives. For more information, please visit http://ir.hailiangedu.com.
Forward-Looking Statements
This press release contains information about Hailiang Education's view of its future expectations, plans, and prospects that constitute forward-looking statements. These forward-looking statements are made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts in this announcement are forward-looking statements, including, but not limited to the following: the Company's business plans, the Company's future business development, results of operations, and financial condition, expected changes in the Company's revenue and certain cost or expense items, its ability to raise additional funding, its ability to maintain and grow its business, the Company's ability to file the 1H 2022 6-K and hold the 2022 AGM within the respective compliance period and regain compliance for continued listing under the Nasdaq Listing Rules, the Company's ability to consummate the Privatization as planned, and other risks detailed in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), as well as the Schedule 13E-3 transaction statement and the proxy statement to be filed by the Company. Hailiang Education may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about Hailiang Education's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, whether known or unknown, and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "will make," "will be," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "endeavor to," "is/are likely to," or other similar expressions. Further information regarding these and other risks is included in our annual report on Form 20-F and other filings with the SEC. All information provided in this press release is as of the date of this press release, and Hailiang Education undertakes no obligation to update any forward-looking statements, except as may be required under applicable law.
For more information, please contact:
Mr. Litao Qiu
Board Secretary
Hailiang Education Group Inc.
Phone: +86-571-5812-1974
Email: ir@hailiangeducation.com
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SOURCE Hailiang Education | https://www.wibw.com/prnewswire/2022/07/13/hailiang-education-announces-receipt-nasdaq-notice-deficiency-delayed-filing-semi-annual-financial-information-half-year-ended-december-31-2021-failure-hold-an-annual-meeting-shareholders/ | 2022-07-13T21:47:27Z |
ATLANTA (AP) — Georgia Secretary of State Brad Raffensperger accepted a judge’s findings Friday and said U.S. Rep. Marjorie Taylor Greene is qualified to run for reelection despite claims by a group of voters that she had engaged in insurrection.
Georgia Administrative Law Judge Charles Beaudrot issued a decision hours earlier that Green was eligible to run, finding the voters hadn’t produced sufficient evidence to back their claims. After Raffensperger adopted the judge’s decision, the group that filed the complaint on behalf of the voters vowed to appeal.
Before reaching his decision, Beaudrot had held a daylong hearing in April that included arguments from lawyers for the voters and for Greene, as well as extensive questioning of Greene herself. He also received additional filings from both sides.
Raffensperger is being challenged by a candidate backed by former President Donald Trump in the state’s May 24 GOP primary after he refused to bend to pressure from Trump to overturn Joe Biden’s victory in Georgia. Raffensperger could have faced huge blowback from right-wing voters if he had disagreed with Beaudrot’s findings.
Raffensperger wrote in his “final decision” that typical challenges to a candidate’s eligibility have to do with questions about residency or whether they have paid their taxes. Such challenges are allowed under a procedure outlined in Georgia law.
“In this case, Challengers assert that Representative Greene’s political statements and actions disqualify her from office,” Raffensperger’s decision said. “That is rightfully a question for the voters of Georgia’s 14th Congressional District.”
The challenge was filed for five voters in her district by Free Speech for People, a national election and campaign finance reform group. They allege the GOP congresswoman played a significant role in the Jan. 6, 2021, riot that disrupted Congress’ certification of Biden’s presidential victory. They had argued that put her in violation of a seldom-invoked part of the 14th Amendment having to do with insurrection and makes her ineligible to run for reelection.
Greene applauded Beaudrot’s decision and called the challenge to her eligibility an “unprecedented attack on free speech, on our elections, and on you, the voter.”
“But the battle is only beginning,” she said in a statement. “The left will never stop their war to take away our freedoms.” She added, “This ruling gives me hope that we can win and save our country.”
Free Speech for People had sent a letter to Raffensperger on Friday urging him to reject the judge’s recommendation. They have 10 days to make their planned appeal of his decision in Fulton County Superior Court.
The group said in a statement that Beaudrot’s decision “betrays the fundamental purpose of the Fourteenth Amendment’s Insurrectionist Disqualification Clause and gives a pass to political violence as a tool for disrupting and overturning free and fair elections.”
During the April 22 hearing, Ron Fein, a lawyer for the voters, noted that in a TV interview the day before the attack at the U.S. Capitol, Greene said the next day would be “our 1776 moment.” Lawyers for the voters said some supporters of then-President Trump used that reference to the American Revolution as a call to violence.
“In fact, it turned out to be an 1861 moment,” Fein said, alluding to the start of the Civil War.
Greene is a conservative firebrand and Trump ally who has become one of the GOP’s biggest fundraisers in Congress by stirring controversy and pushing baseless conspiracy theories. During the recent hearing, she repeated the unfounded claim that widespread fraud led to Trump’s loss in the 2020 election, said she didn’t recall various incendiary statements and social media posts attributed to her. She denied ever supporting violence.
Greene acknowledged encouraging a rally to support Trump, but she said she wasn’t aware of plans to storm the Capitol or disrupt the electoral count using violence. Greene said she feared for her safety during the riot and used social media posts to encourage people to be safe and stay calm.
The challenge to her eligibility was based on a section of the 14th Amendment that says no one can serve in Congress “who, having previously taken an oath, as a member of Congress … to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same.” Ratified shortly after the Civil War, it was meant in part to keep representatives who had fought for the Confederacy from returning to Congress.
Greene “urged, encouraged and helped facilitate violent resistance to our own government, our democracy and our Constitution,” Fein said, concluding: “She engaged in insurrection.”
James Bopp, a lawyer for Greene, argued his client engaged in protected political speech and was, herself, a victim of the attack on the Capitol, not a participant.
Beaudrot wrote that there’s no evidence that Greene participated in the attack on the Capitol or that she communicated with or gave directives to people who were involved.
“Whatever the exact parameters of the meaning of ‘engage’ as used in the 14th Amendment, and assuming for these purposes that the Invasion was an insurrection, Challengers have produced insufficient evidence to show that Rep. Greene ‘engaged’ in that insurrection after she took the oath of office on January 3, 2021,” he wrote.
Greene’s “public statements and heated rhetoric” may have contributed to the environment that led to the attack, but they are protected by the First Amendment, Beaudrot wrote.
“Expressing constitutionally-protected political views, no matter how aberrant they may be, prior to being sworn in as a Representative is not engaging in insurrection under the 14th Amendment,” he said.
Free Speech for People has filed similar challenges in Arizona and North Carolina.
Greene has filed a federal lawsuit challenging the legitimacy of the law that the voters are using to try to keep her off the ballot. That suit is pending. | https://cw33.com/news/politics/ap-politics/judge-marjorie-taylor-greene-is-qualified-for-reelection/ | 2022-05-07T13:23:05Z |
The Move Comes One Year After a Drunk Driver Struck and Damaged the Addiction Treatment Center
LAKEWOOD, Colo., Aug. 2, 2022 /PRNewswire/ -- AspenRidge Recovery, a substance abuse treatment center specializing in mental health, trauma, and addiction, today announced the opening of its new center in Lakewood, Colorado. The new opening comes one year after a drunk driver hit the previous location and forced the center to relocate temporarily.
The early morning accident in July 2021 destroyed part of the building and required people undergoing treatment, and staff, to move into the company's administrative offices for an entire year. The new center, located at 7500 Mississippi Ave., allows AspenRidge Recovery to treat more people suffering from addiction and mental health disorders as the dangers of overdose deaths continue to rise.
"We're grateful no one was injured in the incident," said Shannon Van Deman, CEO of AspenRidge Recovery. "Our team improvised, and the people in our care moved into our administrative offices within hours. It took a year to build out the new space, and we are thrilled to open our new center. It allows us to better provide the high-quality care we're known for at a time when people desperately need treatment."
Colorado topped 1,945 overdose deaths in the most recent 12-month period, a 22.8 percent increase over the previous year. The first five months of 2022 saw more fentanyl seizures than in all of 2021, according to the U.S. Attorney's Office in Colorado, and authorities in Mesa County issued an alert in July related to a powerful new synthetic opioid that is 100 to 150 times stronger than fentanyl.
"Everyone who recreationally uses any illicit substance is at risk," said Van Deman. "Fentanyl is in everything, and the risk of accidental overdose is no longer relegated to people suffering from opioid addiction. The fact that the driver who hit our building was under the influence of alcohol highlights the fact that this isn't just an opioid epidemic. This is a pandemic of addiction."
AspenRidge plans to hold an open house in the coming weeks. Those interested in attending should email outreach@aspenridgerecovery for sign-up details.
AspenRidge Recovery is a Joint Commission-accredited, dual-diagnosis treatment center specializing in treating addiction, mental health disorders and complex trauma in adults. AspenRidge creates personalized treatment plans that address each person's specific needs using a combination of holistic and evidence-based mental health, trauma, and addiction treatment modalities. AspenRidge Recovery has physical locations in Lakewood, Colorado Springs and Fort Collins, Colorado. AspenRidge also has a sister organization Alpine Recovery Center, a treatment program for Medicaid recipients.
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SOURCE AspenRidge Recovery | https://www.kxii.com/prnewswire/2022/08/02/aspenridge-recovery-relocates-new-lakewood-treatment-center/ | 2022-08-02T16:22:14Z |
TUCSON, Ariz., June 30, 2022 /PRNewswire/ -- In its 6-to-3 opinion in West Virginia v. EPA, the U.S. Supreme Court reined in the U.S. Environmental Protection Agency's attempt to limit carbon dioxide emissions to a level that would end coal-fired generation of electricity.
In the majority opinion, Chief Justice John Roberts wrote, quoting a 1992 precedent, "it is not plausible that Congress gave EPA the authority to adopt on its own such a regulatory scheme in Section 111(d)" of the Clean Air Act. Rather, "A decision of such magnitude and consequence rests with Congress itself, or an agency acting pursuant to a clear delegation from that representative body."
Noting the far-reaching implications of forcing a complete restructuring of the electricity-generating industry, Doctors for Disaster Preparedness wrote in its amicus brief: "It is unlikely that even Congress has the authority to inconvenience and control every American under the guise of improving air quality. A handful of bureaucrats in a federal agency certainly lacks that authority, and it would be unconstitutional for Congress to delegate such sweeping power to an unaccountable administrator."
The DDP brief details the vast expansion of the administrative state and how it has subverted the constitutional structure of checks and balances.
It warns of the impact on freedom of forcing Americans to be dependent on governmentally rationed energy.
In summary, DDP states: "This usurpation by agencies of congressional power has no resemblance to anything authorized by the Constitution, and it is long overdue to rein in the runaway administrative state that political activists have captured to advance their own agenda."
Doctors for Disaster Preparedness provides information to help save lives in the event of natural or man-made disasters.
Contact: Jane M. Orient, M.D., (520) 323-3110, janeorientmd@gmail.com
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SOURCE Doctors for Disaster Preparedness | https://www.mysuncoast.com/prnewswire/2022/06/30/supreme-court-ruling-supports-americans-access-energy-states-doctors-disaster-preparedness-ddp/ | 2022-06-30T22:12:15Z |
Average person spends $314 per month on impulse purchases, up from $276 in 2021 and $183 in 2020
LOS ANGELES, May 19, 2022 /PRNewswire/ -- Sixty-four percent of U.S. adults report an increase in their impulse spending in 2022, according to an annual survey commissioned by Slickdeals, the only shopping platform powered by millions of avid shoppers. Three in four (73%) respondents said most of their purchases tend to be spontaneous — a large jump from 59% who held the same sentiment last year.
The survey of 2,000 American shoppers aimed to examine impulse spending habits as compared to surveys conducted in April 2021 and April 2020. All three polls were commissioned by Slickdeals and conducted by OnePoll.
According to this year's survey, the average person spends $314 per month on impulse purchases, up from $276 in 2021 and $183 in 2020. Furthermore, the most the average person is willing to spend on a single item is $310, also up from $277 in 2021 and $157 in 2020.
Increased impulse purchase habits are affecting overall reported spend. However, 68% said inflation has had a "huge impact" on what they spend their money on. Seven in 10 have been more aware about their budget this year as a result. Forty-one percent of shoppers added they had to spend more on essentials because of inflation.
According to Louie Patterson, personal finance content manager for Slickdeals, "This year's survey indicates Americans are spending more on impulse purchases than in the past two years. While inflation is certainly impacting budgets across many essential shopping categories, interestingly, we're also seeing consumers reporting an increase in the frequency of their impulse spending."
The research found the most common unplanned buys in 2022 include clothing (35%), food and groceries (30%), household items (29%), shoes (28%) and consumer technology (27%).
The study revealed half (52%) are impulsively buying equally online and in-store, while 42% in 2021 and 53% in 2020 did most of their shopping online exclusively. While shopping online, seven in 10 are more likely to spend impulsively on their phones while lying in bed — up from 68% in 2021 and 66% in 2020. Shopping in bed was found to make up for 37% of overall impromptu shopping.
Sixty-seven percent said spontaneous shopping sprees have a positive effect on their mood — a 2% increase from last year.
The emotions shoppers feel after making a purchase include happiness (41%) and excitement (40%) — but a third (34%) admit they simply shop out of boredom. Two in three (67%) have even made an impulse purchase just to escape the fear of missing out.
However, more than half (58%) said they've saved money with their impulse shopping.
Patterson added, "Fear of missing out is a powerful motivator for impulse purchasing, but as indicated in the survey, 58% of Americans report that unplanned purchases have actually saved them money. We regularly witness the positive effects of impulse purchasing through our community of shoppers helping one another find the best prices at any given time. Tapping into a great deal on household items, coffee or technology products can ultimately help you save on your budget."
WHAT DO AMERICANS BUY ON IMPULSE?
2022
2021
2020
To learn more about the survey, visit here.
About Slickdeals
Slickdeals is the only shopping platform powered by millions of avid shoppers, where consumers interact to share and discover the most up-to-date information on online shopping deals and coupons. Through the power of human intelligence, Slickdeals has saved its 12 million savvy shoppers $10 billion by providing a forum for deal discovery and shopping discussion; as well as shopping tools such as its free Android or iOS app; its browser extension for Chrome, Firefox and Edge; and its Slickdeals Rewards program. Slickdeals is one of the top ten most visited shopping sites in the U.S. per Similarweb.
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SOURCE Slickdeals | https://www.wibw.com/prnewswire/2022/05/19/americans-have-increased-their-impulse-spending-by-14-2022-compared-2021-according-annual-survey-commissioned-by-slickdeals/ | 2022-05-19T14:26:50Z |
As shoppers at a Safeway grocery store in Bend, Oregon, meandered down aisles and pondered their produce choices Sunday night, a 20-year-old shooter burst into the building and began firing, killing two people and injuring at least two others.
Police responded to the Forum Shopping Center where the Safeway is located at around 7 p.m., authorities said. As they rushed into the store, they could hear gunshots but then discovered the gunman dead at the scene from a self-inflicted gunshot wound.
The shooter, identified by police as Bend resident Ethan Blair Miller, entered the shopping center wielding an AR-15-style rifle and a shotgun and began firing in the parking lot before entering the grocery store, according to officials.
As investigators work to uncover the gunman's motive, here's what we know about the shooting.
How the attack unfolded
The gunman entered through an apartment complex behind the shopping center, Bend Police Department spokesperson Sheila Miller said.
He then began firing an AR-15-style rifle as he crossed the parking lot. Upon entering the store, he shot 84-year-old shopper Glenn Edward Bennett, who died on the way to the hospital.
The shooter kept moving through the store and firing rounds, Miller said. In the produce department, Safeway employee Donald Ray Surrett, Jr., 66, confronted the gunman and was fatally shot, she said.
After receiving 911 calls about an active shooting, Bend Police Department officers were on the scene within 3 minutes, Miller said.
Gunshots were being fired as they burst into the Safeway, Miller said. Almost immediately, officers found the gunman dead from a self-inflicted gunshot wound, she said.
Close to the shooter's body, they found the rifle and shotgun, police chief Mike Krantz said. Investigators also found 3 Molotov cocktails and a sawed-off shotgun in his car along with additional ammunition in his apartment, according to officials. Police are working with the ATF to determine if he possessed the firearms legally.
There were reports of two people injured in the shooting who had non-life-threatening injuries, Miller said. It's unclear to police how many people were in the store during the attack.
Bend police contacted the Oregon State Police Bomb Squad after becoming aware of online postings, Miller said. The bomb squad cleared the grocery store and nearby apartment complex.
Employee killed while attempting to disarm shooter
As the gunman made his way through the store, he was confronted by Surrett, who attacked the shooter and tried to disarm him, Miller said. Surrett was shot and killed, but officials have praised his quick action, which they say likely saved lives.
"While we are still gathering the facts about last night's shooting, it's clear that far more people could have been killed if not for the heroism of Donald Ray Surrett, Jr., who intervened to help stop the shooter, and the officers who entered while shots were still being fired," Gov. Kate Brown said in a statement.
"In the face of senseless violence, they acted with selfless bravery. Their courage saved lives," Brown said.
Another employee who identified himself only as Robert told the Central Oregon Daily News that he and other employees were working a closing shift in the deli when they heard loud gunfire.
"Me and three other employees ran into a walk-in refrigerator and closed the door and stayed there and stayed hidden until authorities arrived," he said.
Josh Caba told CNN affiliate KTVZ he and his four children were shopping when the shots broke out.
"We started heading to the front. Then we heard I don't know how many shots out front -- six or seven. I immediately turned to my children and said, 'Run!' People were screaming. ... it was a horrifying experience," Caba told KTVZ.
Caba said he was worried about his wife, who stayed in the car because she wasn't feeling well. But as he and three of his children fled through exit doors by the produce department, he found that his wife had driven to the back of the store and was "sitting in the car, saying 'Get in the car! Get in the car!'" KTVZ reported.
The father was able to rush back into the store and find their fourth child, he told KTVZ.
Plans appeared to be posted online
Police have said they are aware the shooter may have posted information online regarding Sunday's shooting, as well as plans for future shootings, but did not share any details.
"We have no evidence of previous threats or prior knowledge of the shooter," Miller said. "We received information about the shooter's writings after the incident had taken place and the shooter has no criminal history in the area."
While executing a search warrant on his apartment, authorities found digital devices that are currently being reviewed, officials said.
CNN has identified several blog entries appearing to belong to Ethan Miller which were published on the blogging site "Wattpad" detailing a plan and reasons for the shooting. The posts were made public on the evening of August 28 by an anonymous account and viewable for 12 hours, according to Wattpad. The posts have since been removed.
The first blog entry was headlined June 29 and signed with the name Ethan. The writer of the post blamed Covid-19 and quarantine for worsening their mental health.
Initially, this person planned a shooting inside a high school on September 8, according to the posts.
More than 35 posts were made by the same account on the blogging site. Most of the posts indicated a desire to commit violence.
One post referenced being "partially inspired" by the Columbine High School shooting.
In other posts signed with the name Ethan, several reasons were cited for the writer turning into a "ticking time bomb," which included their family and their love life, which was detailed in a post headlined July 8.
The writer mentioned buying a shotgun and an AR-15 for the shooting, and said they hoped to kill over 40 people.
Throughout the posts, other mass shootings were also referenced.
The-CNN-Wire
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‘This is a devastating time’: Britney Spears announces she has lost her baby
Published: May. 14, 2022 at 4:04 PM CDT|Updated: 27 minutes ago
(Gray News) - Britney Spears announced that she has lost her baby in a statement she shared on her Instagram account Saturday.
The 40-year-old pop superstar said last month that she was expecting a child with fiancé Sam Asghari.
However, on Saturday, Spears updated her pregnancy by writing it is with the “deepest sadness we have to announce that we have lost our miracle baby early in the pregnancy.”
Thousands of Spears’ fans have already responded to her social media post, sending their condolences.
Spears’ Saturday statement continued, stating the couple “will continue trying to expand our beautiful family.”
She also thanked everyone for showing their support during this difficult time.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/14/this-is-devasting-time-britney-spears-announces-she-has-lost-her-baby/ | 2022-05-14T21:32:14Z |
HOUSTON, May 17, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions, today announced that it has closed its transactions under the previously-announced agreement with ProFrac Holdings, LLC ("ProFrac") to expand the existing long-term supply agreement with one of ProFrac's affiliates, as approved by the Company's shareholders on May 9, 2022. As part of the transactions, the existing long-term supply agreement was amended to extend the term to ten years and to increase the minimum baseline of chemical products to the greater of 70% of ProFrac's requirements or the chemicals required for 30 hydraulic fracturing fleets.
About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK." For additional information, please visit www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect, any event or circumstance that may arise after the date of this press release.
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SOURCE Flotek Industries, Inc. | https://www.kxii.com/prnewswire/2022/05/18/flotek-announces-closing-agreement-with-profrac/ | 2022-05-18T01:29:08Z |
BEIJING (AP) — U.S. accident investigators arrived in China on Saturday to help authorities look for clues into what caused last month’s crash of a Boeing jetlinerwith 132 people aboard.
The seven-member team from the National Transportation Safety Board will participate in the Civil Aviation Administration of China’s investigation of the March 21 crash of a China Eastern Airlines Boeing 737-800 because the aircraft was manufactured in the U.S.
As part of that assistance, the plane’s cockpit voice recorder is being downloaded and analyzed at a U.S. lab in Washington, federal officials said Friday.
Investigators hope the recording will explain why the plane went into a nosedivefrom about 8,800 meters (29,000 feet) over a mountainous region in southeastern China.
Chinese officials have said that air traffic controllers were unable to get a response from the pilots while the plane was descending.
The cockpit voice recorder would pick up voices and other sounds from microphones worn by the pilots and another stationed over their heads.
Searchers also recovered the plane’s flight-data recorder, which constantly captures speed, altitude, heading and other information and the performance of key systems on the aircraft, but that recorder was not being evaluated in Washington on Friday.
The NTSB said its investigators will limit contact with people outside the investigation so that they can start their work immediately without going through a quarantine period.
The plane that crashed was not a 737 Max, a newer model that was temporarily grounded worldwide following two deadly crashes in Indonesia and Ethiopia.
The impact caused by the crash in China created a 20-meter- (65-foot-) deep crater, set off a fire in the surrounding forest and smashed the plane into small parts scattered over a wide area, some of them buried underground. More than 49,000 pieces of debris have been recovered, along with some human remains and personal items.
A Chinese aviation safety official said a preliminary investigation report would be completed within 30 days of the crash.
Flight MU5735 with 123 passengers and nine crew members was headed from the southwestern city of Kunming, the capital of Yunnan province, to Guangzhou, a major city and export manufacturing hub near Hong Kong in southeastern China.
The 737-800 has an excellent safety record and the Chinese airline industry has had relatively few mishaps in recent years.
Before last month’s accident, the last fatal crash of a Chinese airliner occurred in August 2010, when an Embraer ERJ 190-100 operated by Henan Airlines hit the ground short of the runway in the northeastern city of Yichun and caught fire, killing 44 people. Investigators blamed pilot error. | https://cw33.com/business/ap-business/us-investigators-fly-to-china-to-aid-in-plane-crash-probe/ | 2022-04-02T18:43:38Z |
SEATTLE, Aug. 31, 2022 /PRNewswire/ -- Most college students still prefer print textbooks over eTextbooks, though the digital medium is gaining favor. Direct Textbook surveyed more than 1,100 college students and found that:
- 54% prefer print textbooks for academic learning
- 40% prefer eTextbooks
- 6% have no preference
Of those without a preference, 50% say it's easier to learn from print, while just 23% say it's easier to learn from eTextbooks. That aligns with research that suggests print is better for learning.
Still, comparisons to identical surveys conducted in 2021 and 2015 indicate that eTextbooks are gaining popularity – up 11% from 2021 and 13% from 2015 – while print preference has declined by 8% since 2021 and 18% since 2015.
Students who prefer print cite these reasons:
- Easier to read: 75%
- Difficulty concentrating on eTextbooks: 64%
- The ability to physically highlight: 68%
- Internet access isn't required: 49%
- eTextbooks are difficult to navigate and bookmark: 46%
- eTextbooks make students' eyes hurt: 50%
- The ability to write on pages: 39%
- The ability to resell print textbooks: 24%
- They end up printing eTextbooks anyway: 27%
Students who prefer eTextbooks cite these reasons:
- The ability to find passages with search features: 83%
- Environmentally friendly: 63%
- Cheaper: 75%
- The ability to adjust font size and brightness: 55%
- eTextbooks are lighter: 60%
- eTextbooks do not need returned: 53%
- Text to audio: 47%
- The ability to use apps: 33%
Insights from students who have no preference:
- 53% say print is easier to read
- 63% say print is easier to annotate
- 50% say print is easier to learn from, versus 23% for eTextbooks
- 77% say eTextbooks are cheaper
- 61% say print textbooks are easier to find at bookstores, versus 23% for eTextbooks
- 54% say they prefer to carry eTextbooks on campus
The eTextbook market is projected to grow more than 23% by 2025 (Technavio), and publishers such as Pearson are phasing out print textbooks (BBC). This shift could disrupt higher education. Critical questions include:
- Will eTextbooks limit learning?
- Will eTextbooks limit student choice and access to more affordable options?
- Will students ever fully embrace eTextbooks?
Complete survey results, additional insights and critical questions can be found at: https://www.directtextbook.com/articles/1023/print-vs-etextbooks-survey
Since 2002, Direct Textbook has helped more than 35 million students, parents and professionals find the lowest prices on new, used, rental and ebook textbooks. Direct Textbook can be found online at http://www.directtextbook.com.
Contact: Chris Lindgren, chris@directtextbook.com
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SOURCE Direct Textbook Inc. | https://www.kxii.com/prnewswire/2022/08/31/college-students-still-prefer-print-despite-growing-etextbook-popularity/ | 2022-08-31T10:38:39Z |
Police: 9-week-old puppy valued at nearly $5,000 stolen from Petland store
Published: Jun. 18, 2022 at 11:29 AM CDT|Updated: 49 minutes ago
CLEVELAND (WOIO/Gray News) - Police in Ohio are investigating a case involving a stolen puppy.
The Parma Police Department reports a 9-week-old female Yorkshire terrier was stolen from a Petland store on Friday.
WOIO reports a man spent time with the puppy in a meet-and-greet room before running out of the store with the dog tucked under his arm.
According to police and a store manager, the puppy is valued at about $4,899.
Authorities urged anyone with further information on this incident to contact Parma Police Department detectives at 440-885-1234.
Copyright 2022 WOIO via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/18/police-9-week-old-puppy-valued-nearly-5000-stolen-petland-store/ | 2022-06-18T17:18:31Z |
CAMBRIDGE, Mass., July 19, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC) (the "Company"), the parent company of Cambridge Trust Company (the "Bank"), today announced unaudited net income of $13.7 million for the quarter ended June 30, 2022. Net income for the second quarter represented an increase of $342,000, or 2.6%, as compared to net income of $13.3 million for the quarter ended March 31, 2022. Diluted earnings per share were $1.94 for the quarter ended June 30, 2022, representing a 2.6% increase as compared to diluted earnings per share of $1.89 for the quarter ended March 31, 2022.
For the six months ended June 30, 2022, unaudited net income was $27.0 million, representing a decrease of $469,000, or 1.7%, as compared to net income of $27.4 million for the six months ended June 30, 2021. Diluted earnings per share were $3.83 for the six months ended June 30, 2022, representing a 2.0% decrease as compared to diluted earnings per share of $3.91 for the six months ended June 30, 2021.
The results for the quarter ended June 30, 2022 include non-operating items as detailed in the GAAP to Non-GAAP Reconciliations later in this release. Operating net income was $13.4 million for the quarter ended June 30, 2022, as compared to $13.3 million for the quarter ended March 31, 2022. Operating diluted earnings per share were $1.90 for the quarter ended June 30, 2022, representing a 0.5% increase as compared to operating diluted earnings per share of $1.89 for the quarter ended March 31, 2022.
Operating net income was $26.7 million for the six months ended June 30, 2022, a decrease of $707,000, or 2.6%, as compared to operating net income of $27.4 million for the six months ended June 30, 2021. Operating diluted earnings per share were $3.79 for the six months ended June 30, 2022, representing a 3.1% decrease as compared to operating diluted earnings per share of $3.91 for the six months ended June 30, 2021.
In the second quarter of 2022, the Company and Northmark Bank ("Northmark") entered into a definitive agreement pursuant to which Northmark will merge with and into the Bank in an all-stock transaction that is anticipated to close during the fourth quarter of 2022. The merger is subject to regulatory approval, approval by Northmark's shareholders, and the completion of other customary closing conditions. Under the terms of the agreement, each share of Northmark common stock will be exchanged for 0.9950 shares of the Company's common stock. This merger will expand the Company's presence in Massachusetts through the addition of Northmark's three full-service banking offices in the attractive communities of North Andover, Andover and Winchester, Massachusetts.
- Total loans increased by $106.3 million, or 3.1%, to $3.52 billion at June 30, 2022 from $3.42 billion at March 31, 2022.
- Financial performance ratios for the quarter ended June 30, 2022, were strong with Operating Return on Average Assets ("ROA") of 1.07% and Operating Return on Tangible Common Shareholders' Equity ("ROTCE") of 14.08%.
- The Adjusted Net Interest Margin increased by 14 basis points to 2.81% in the second quarter of 2022 from 2.67% at March 31, 2022.
- Asset quality at June 30, 2022, remained excellent with ratios of non-performing loans to total loans and non-performing assets to total assets at 0.17% and 0.12%, respectively.
- Tangible book value per share at June 30, 2022 increased to $55.33 from $54.52 at March 31, 2022.
- Tangible common equity to tangible assets ratio increased to 7.75% at June 30, 2022 from 7.69% at March 31, 2022.
"This quarter showed a continued trend of solid loan growth, mixed with a decrease in core deposits due to tax payments and client recognition of investment opportunities, combined with weaker wealth revenue following a challenging period in the equity markets. Loan pipelines remain strong looking ahead and we are enthusiastic about the announced merger with Northmark Bank," noted Denis K. Sheahan, Chairman, President and CEO.
Total assets increased by $166.4 million, or 3.4%, from $4.89 billion at December 31, 2021 to $5.06 billion at June 30, 2022.
Total loans increased by $204.4 million, or 6.2%, from $3.32 billion at December 31, 2021 to $3.52 billion at June 30, 2022.
- Residential real estate loans increased by $67.5 million, from $1.42 billion at December 31, 2021 to $1.48 billion at June 30, 2022.
- Commercial real estate loans increased by $125.9 million, from $1.51 billion at December 31, 2021 to $1.64 billion at June 30, 2022.
- Commercial and industrial loans totaled $268.2 million at June 30, 2022.
The Company's total investment securities portfolio increased by $104.9 million, or 8.9%, from $1.17 billion at December 31, 2021 to $1.28 billion at June 30, 2022.
Total deposits decreased by $67.1 million, or 1.5%, to $4.26 billion at June 30, 2022 as compared to $4.33 billion at December 31, 2021.
- Core deposits, which the Company defines as all deposits other than certificates of deposit, decreased by $30.8 million, or 0.7%, to $4.14 billion at June 30, 2022 from $4.17 billion at December 31, 2021. Core deposits decreased during the second quarter of 2022 by $201.7 million, or 4.6%, due to tax payments, seasonal liquidity fluctuation, and client recognition of investment opportunities in the marketplace.
- Certificates of deposit totaled $125.7 million at June 30, 2022, a decrease of $36.3 million from $162.1 million at December 31, 2021.
- The cost of total deposits was 0.17% for both the quarters ended June 30, 2022 and March 31, 2022. At June 30, 2022, the spot cost of deposits was 0.17%.
Borrowings totaled $252.9 million at June 30, 2022, representing a $236.4 million, increase from $16.5 million at December 31, 2021, due to fluctuations in liquidity.
Net interest and dividend income, before the release of credit losses, increased by $2.3 million, or 7.3%, to $34.2 million for the quarter ended June 30, 2022 from $31.9 million for the quarter ended March 31, 2022. This increase was primarily due to an increase in average earning assets and higher yields on earning assets.
The Company's net interest margin on a fully taxable equivalent basis increased by 12 basis points to 2.86% for the quarter ended June 30, 2022, as compared to 2.74% for the quarter ended March 31, 2022.
For the six months ended June 30, 2022, net interest and dividend income before the release of credit losses increased by $2.3 million, or 3.5%, to $66.1 million as compared to $63.8 million for the six months ended June 30, 2021. This increase was primarily due to an increase in average earning assets and higher asset yields, partially offset by lower loan accretion associated with merger accounting, a decrease in Paycheck Protection Program ("PPP") loan income, and higher interest expense on deposits.
The Company's net interest margin on a fully taxable equivalent basis decreased by 50 basis points to 2.80% for the six months ended June 30, 2022, as compared to 3.30% for the six months ended June 30, 2021, due to an extended period of low interest rates.
In order to provide greater disclosure of the impact of loan related merger accounting and the impact of the Small Business Administration's PPP loan program, a reconciliation of the Company's net interest margin, on a fully taxable equivalent basis, to an adjusted net interest margin, on a fully taxable equivalent basis, is shown below. Excluding the impact of merger related loan accretion and the impact of PPP loans, the adjusted net interest margin, on a fully taxable equivalent basis, for the quarter ended June 30, 2022, was 2.81%, representing a 14 basis point increase from the adjusted net interest margin, on a fully taxable equivalent basis, of 2.67% for the quarter ended March 31, 2022.
Excluding the impact of merger related loan accretion and the impact of PPP loans, the adjusted net interest margin, on a fully taxable equivalent basis, for the six months ended June 30, 2022, was 2.74%, representing a 34 basis point decrease from the adjusted net interest margin, on a fully taxable equivalent basis, of 3.08% for the six months ended June 30, 2021.
During the quarter ended June 30, 2022, the Company did not record a provision for (release of) credit losses, as compared to a release of credit losses of $412,000 for the quarter ended March 31, 2022, as the Company's asset quality remains strong.
For the six months ended June 30, 2022, the Company recorded a release of credit losses of $412,000, as compared to a $1.1 million release of credit losses for the six months ended June 30, 2021.
Total noninterest income decreased by $205,000, or 1.8%, to $11.1 million for the quarter ended June 30, 2022, as compared to $11.4 million for the quarter ended March 31, 2022. This change was primarily the result of lower wealth management revenue, lower other income, and lower loan related derivative income, partially offset by higher bank owned life insurance ("BOLI") income. Noninterest income was 24.6% of total revenue for the quarter ended June 30, 2022.
- Wealth management revenue decreased by $452,000, or 5.3%, to $8.1 million for the second quarter of 2022, as compared to $8.6 million for the first quarter of 2022. Wealth Management Assets under Management and Administration were $4.0 billion at June 30, 2022, a decrease of $643.0 million, or 13.8%, from March 31, 2022, primarily due to decline in the equity and bond markets and net outflows.
- Other income decreased by $842,000, or 63.9%, to $476,000 for the quarter ended June 30, 2022, as compared to $1.3 million for the quarter ended March 31, 2022, primarily due to equity warrant revenue and gains on a community development fund investment recognized during the quarter ended March 31, 2022.
- Loan related derivative income decreased by $251,000, or 84.8%, to $45,000 for the quarter ended June 30, 2022, as compared to $296,000 for the quarter ended March 31, 2022, as a result of lower swapped loan volume combined with fair value adjustments.
- BOLI income increased by $1.2 million to $1.3 million for the quarter ended June 30, 2022, as compared to $187,000 for the quarter ended March 31, 2022, due to a gain of $1.2 million related to a death benefit claim and policy surrender.
Total noninterest income increased by $748,000, or 3.4%, to $22.5 million for the six months ended June 30, 2022, as compared to $21.8 million for the six months ended June 30, 2021. This change was primarily the result of higher BOLI income and higher other income, partially offset by lower loan related derivative income and lower gains on loans sold. Noninterest income was 25.4% of total revenue for the six months ended June 30, 2022.
- BOLI income increased by $1.1 million, or 277.8%, to $1.5 million for the six months ended June 30, 2022, as compared to $405,000 for the six months ended June 30, 2021, primarily due to a gain of $1.2 million related to a death benefit claim and policy surrender.
- Other income increased by $886,000, or 97.6%, to $1.8 million for the six months ended June 30, 2022, as compared to $908,000 for the six months ended June 30, 2021, primarily due to equity warrant revenue associated with an Innovation Banking loan, in addition to gains recognized on a community development fund investment.
- Loan related derivative income decreased by $897,000, or 72.5%, to $341,000 for the six months ended June 30, 2022, as compared to $1.2 million for the six months ended June 30, 2021, primarily as a result of lower swapped loan volume.
- Gain on loans sold decreased by $636,000, or 86.6%, to $98,000 for the six months ended June 30, 2022, as compared to $734,000 for the six months ended June 30, 2021, due to lower refinance activity and the corresponding sale of residential mortgages.
Total noninterest expense increased by $422,000, or 1.6%, to $26.3 million for the quarter ended June 30, 2022, as compared to $25.9 million for the quarter ended March 31, 2022. During the quarter ended June 30, 2022, there was an increase in non-operating expenses, partially offset by a decrease in salary expenses, as compared to the quarter ended March 31, 2022.
- Non-operating expenses increased to $246,000, as a result of expenses incurred in the second quarter related to the Northmark merger.
- Salary and employee benefits expense decreased by $343,000, or 2.0%, to $17.0 million for the quarter ended June 30, 2022, from $17.4 million for the quarter ended March 31, 2022, primarily due to higher deferred loan origination costs, partially offset by staffing additions to support business initiatives and lower staff vacancy.
Total noninterest expense increased by $2.7 million, or 5.4%, to $52.2 million for the six months ended June 30, 2022, as compared to $49.5 million for the six months ended June 30, 2021, primarily driven by increases in salaries and employee benefits expense, data processing, and FDIC insurance, partially offset by decreases in marketing expenses and professional services.
- Salaries and employee benefits expense increased by $1.9 million, or 5.9%, to $34.4 million, primarily due to staffing additions to support business initiatives, normal merit increases, and increases in employee benefit costs.
- Data processing increased by $1.0 million, or 24.5%, to $5.2 million, primarily as a result of higher data processing fees associated with the Company's wealth management systems.
- FDIC insurance increased by $330,000, or 55.3%, to $927,000, primarily due to balance sheet growth.
- Marketing expense decreased by $974,000, or 68.8%, to $442,000, due to timing of marketing spend.
- Professional services decreased by $435,000, or 16.9%, to $2.1 million, primarily due to lower recruiting and temporary help expenses as well as lower consulting fees.
Non-performing loans totaled $5.9 million, or 0.17% of total loans outstanding at June 30, 2022. The allowance for credit losses was $34.1 million, or 0.97% of total loans outstanding excluding PPP loans, at June 30, 2022, as compared to $34.1 million, or 1.00% of total loans outstanding excluding PPP loans, at March 31, 2022.
The Company recorded net loan recoveries of $14,000, or 0.00% of total loans (annualized), for the quarter ended June 30, 2022, as compared to net loan recoveries of $13,000, or 0.00% of total loans (annualized), for the quarter ended March 31, 2022.
Net loan recoveries were $27,000, or 0.00% of total loans, for the six months ended June 30, 2022, as compared to net loan recoveries of $66,000, or 0.00% of total loans, for the six months ended June 30, 2021.
The following table shows additional and historical information regarding non-performing assets, early-stage delinquency (30-89 days delinquent), and troubled debt restructurings:
The Company's effective tax rate was 28.2% for the quarter ended June 30, 2022, as compared to 25.0% for the quarter ended March 31, 2022. The increase in the effective tax rate was primarily due to tax expense associated with the surrender of a BOLI policy during the quarter ended June 30, 2022. For the six months ended June 30, 2022, the Company's effective tax rate was 26.7%, as compared to 26.1% for the six months ended June 30, 2021.
On July 18, 2022, the Company's Board of Directors declared a quarterly cash dividend of $0.64 per share, which is payable on August 18, 2022, to shareholders of record as of the close of business on August 4, 2022. The Company did not repurchase any shares under its previously announced share repurchase program during the three and six months ended June 30, 2022.
The Company's ratio of tangible common equity to tangible assets increased to 7.75% at June 30, 2022 from 7.69% at March 31, 2022, primarily due to increased earnings during the three months ended June 30, 2022.
Tangible book value per share increased by $0.81, or 1.5%, to $55.33 at June 30, 2022, as compared to $54.52 at March 31, 2022, as a result of increased earnings during the three months ended June 30, 2022.
An investor presentation is available on the investor relations section of the Company's website: http://ir.cambridgetrust.com or within the hyperlink provided below. This presentation includes additional details regarding the Company's loan portfolio, liquidity position, and other financial disclosures. Click here to download.
Cambridge Bancorp will also conduct a conference call/webcast at 11:00 a.m. Eastern Time on Tuesday, July 19, 2022, to discuss the results for the quarter. Participants are encouraged to pre-register for the conference call using the following link: https://dpregister.com/sreg/10166882/f2af0c6052.
Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the call. Participants may pre-register at any time prior to the call and will immediately receive simple instructions via email. Additionally, participants may reach the registration link and access the webcast by logging in through the investor section of the Company's website at http://ir.cambridgetrust.com.
Those parties who do not have Internet access or are otherwise unable to pre-register for this event may still participate at the above time by dialing 1-866-777-2509 and asking the operator to join the Cambridge Bancorp (CATC) earnings call. Participants are requested to dial-in a few minutes before the scheduled start of the call. The webcast will be archived for three months on our investor relations website at https://ir.cambridgetrust.com/news-market-information/event-calendar/default.aspx.
Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. Cambridge Trust Company is a 132-year-old Massachusetts chartered commercial bank with approximately $5.1 billion in assets at June 30, 2022, and a total of 19 Massachusetts and New Hampshire locations. Cambridge Trust Company is one of New England's leaders in private banking and wealth management with $4.0 billion in client assets under management and administration at June 30, 2022. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.
The accompanying unaudited condensed interim and annual consolidated financial information should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K, which is posted in the investor relations section of the Company's website at http://ir.cambridgetrust.com.
Certain statements herein may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements about the Company and its industry involve substantial risks and uncertainties. Statements other than statements of current or historical fact, including statements regarding the Company's future financial condition, results of operations, business plans, liquidity, cash flows, projected costs, the impact of any laws or regulations applicable to the Company, and measures being taken in response to the COVID-19 pandemic and the impact of the COVID-19 pandemic on the Company's business are forward-looking statements. Words such as "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans," "projects," "may," "will," "should," and other similar expressions are intended to identify these forward-looking statements. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. Such factors include, but are not limited to, the following: the businesses of Cambridge and Northmark may not be combined successfully, or such combination may take longer to accomplish than expected; the cost savings from the merger may not be fully realized or may take longer to realize than expected; operating costs, customer loss and business disruption following the merger, including adverse effects on relationships with employees, may be greater than expected; governmental approvals of the merger may not be obtained, or adverse regulatory conditions may be imposed in connection with governmental approvals of the merger; the shareholders of Northmark may fail to approve the merger; changes to interest rates; the ability to control costs and expenses; the current global economic uncertainty and economic conditions being less favorable than expected; disruptions to the credit and financial markets; changes in the Company's accounting policies or in accounting standards; weakness in the real estate market; legislative, regulatory, or accounting changes that adversely affect the Company's business and/or competitive position; the Dodd-Frank Act's consumer protection regulations; the duration and scope of the COVID-19 pandemic and its impact on levels of consumer confidence; actions that governments, businesses and individuals take in response to the COVID-19 pandemic; the impact of the COVID-19 pandemic and actions taken in response to the pandemic on global and regional economies and economic activity; a prolonged resurgence in the severity of the COVID-19 pandemic due to variants and mutations of the virus; the pace of recovery when the COVID-19 pandemic subsides; disruptions in the Company's ability to access the capital markets; and other factors that are described in the Company's filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the year end December 31, 2021, which the Company filed on March 14, 2022. The Company does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions which may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. You are cautioned not to place undue reliance on these forward-looking statements.
This press release contains financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). This information includes operating net income and operating diluted earnings per share, tangible book value per share and the tangible common equity ratio, operating return on average assets, operating return on tangible common equity, and operating efficiency ratio.
Operating net income and operating diluted earnings per share exclude items that management believes are unrelated to its core banking business such as merger and acquisition expenses, gain (loss) on disposition of investment securities, and other items. The Company's management uses operating net income and operating diluted earnings per share to measure the strength of the Company's core banking business and to identify trends that may to some extent be obscured by such excluded gains or losses.
Management also supplements its evaluation of financial performance with an analysis of tangible book value per share (which is computed by dividing shareholders' equity less goodwill and acquisition related intangible assets, or "tangible common equity," by common shares outstanding), the tangible common equity ratio (which is computed by dividing tangible common equity by tangible assets, defined as total assets less goodwill and acquisition related intangibles), return on average assets and return on tangible common equity on an operating basis, and the operating efficiency ratio (which is computed by dividing noninterest expense adjusted for non-operating expenses and total revenue adjusted for gain/(loss) on disposition of investment securities). The Company has included information on these non-GAAP financial measures because the Company believes that investors may find it useful to have access to the same analytical tool used by management. As a result of merger and acquisition activity, the Company has recognized goodwill and other intangible assets in conjunction with business combination accounting principles. Excluding the impact of goodwill and other intangibles in measuring asset and capital values for the ratios provided, along with other bank standard capital ratios, provides a framework to compare the capital adequacy of the Company to other companies in the financial services industry.
These non-GAAP measures should not be viewed as a substitute for operating results and other financial measures determined in accordance with GAAP. An item which management deems to be non-operating and excludes when computing these non-GAAP measures can be of substantial importance to the Company's results for any particular quarter or year. The Company's non-GAAP performance measures are not necessarily comparable to non-GAAP performance measures which may be presented by other companies.
Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are presented under "GAAP to Non-GAAP Reconciliations."
CONTACT:
Cambridge Bancorp
Michael F. Carotenuto
Chief Financial Officer
617-520-5520
Statement on Non-GAAP Measures: The Company believes the presentation of the following non-GAAP financial measures provides useful supplemental information that is essential to an investor's proper understanding of the results of operations and financial condition of the Company. Management uses non-GAAP financial measures in its analysis of the Company's performance. These non-GAAP measures should not be viewed as substitutes for the financial measures determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies.
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SOURCE Cambridge Bancorp | https://www.mysuncoast.com/prnewswire/2022/07/19/cambridge-bancorp-announces-second-quarter-2022-earnings-declares-quarterly-dividend/ | 2022-07-19T11:57:34Z |
IRVINE, Calif., July 20, 2022 /PRNewswire/ -- Starboard Realty Advisors is pleased to announce the $2.85 million sale of a newly constructed Kentucky Fried Chicken at 1440 E. Main Street, in Barstow, California. Starboard was represented by Matthew Mousavi of SRS National Net Lease Group, and Jeff Lin of Colliers International represented the Buyer.
The property is located on E. Main Street in Barstow, California, near the I-15, a major corridor between Los Angeles and Las Vegas. Neighboring tenants include Dutch Bros Coffee, Taco Bell, McDonald's, and Burger King among others.
The property was a built-to-suit construction with a drive-through and opened for business in February 2022.
Starboard Realty Advisors, LLC, headquartered in Irvine, California, acquires, manages, develops and operates multi-family, multi-tenant retail shopping centers and single tenant triple net properties. Starboard is a privately held, fully integrated real estate firm, whose principals have more than 30 years of hands-on, cycle-tested experience in acquiring, developing, leasing, repositioning, managing, financing, and disposing of retail, multifamily, office and industrial real estate during which they have developed a network of relationships with brokers, sellers, retailers, and an array of other tenants. For more information, please visit www.starboard-realty.com.
19100 Von Karman Avenue, Suite 340
Irvine, CA 92612
(949) 420-9300
Contact:
William H. Winn Jr.
CEO
(949) 420-9300
bwinn@starboard-realty.com
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SOURCE Starboard Realty Advisors | https://www.wibw.com/prnewswire/2022/07/20/starboard-realty-advisors-completes-sale-125-acre-retail-property-barstow-california/ | 2022-07-20T17:07:31Z |
BELGRADE, Serbia (AP) — Serbia won’t allow a pan-European LGBTQ Pride event to take place in Belgrade next month, the president said Saturday, citing threats from right-wing extremists and fears of clashes.
Serbian President Aleksandar Vucic announced the decision to cancel the Sept. 12-18 EuroPride celebration during a news conference where he also proposed extending the term of Serbia’s prime minister, who is a lesbian.
“It’s not the question of whether they (extremists) are stronger, but you just can’t do it all at the same moment, and that’s it,” Vucic said. “I am not happy about it but we can’t manage.”
Members of the European Pride Organizers Association chose Serbia’s capital three years ago to host the annual event. Vucic said a crisis with neighboring Kosovo and economic problems were among the reasons why the Balkan nation’s authorities did not think they could handle EuroPride, which features a Pride parade.
“This is a violation of minority rights, but at this moment the state is pressured by numerous problems,” he said.
EuroPride organizers said Serbian authorities must provide security against “bullies” who threaten the march and seek to discredit it. European Pride Organizers President Kristine Garina urged Serbian Prime Minister Ana Brnabic to honor a promise to support the event.
“President Vucic cannot cancel someone else’s event,” Garina said. “The right to hold Pride has been ruled by the European Court of Human Rights to be a fundamental human right.”
An organizer in Serbia, Goran Miletic, said police must formally ban the march to prevent it from happening. If they issue a ban, organizers would file a complaint at Serbia’s Constitutional Court. He insisted that indoor events planned as part of the week-long celebration can’t be banned.
The government, however, later said “there are no conditions to hold the EuroPride 2022 safely,” adding that “certain extremist groups could use and abuse the event and Serbia’s will to host it, to increase tensions and lead Serbia into instability.”
The statement offered no details about the alledged extremist groups.
Serbia has pledged to protect LGBTQ rights as it seeks EU membership, but increasingly vocal right-wing supporters harass and sometimes attack people based on their presumed sexual orientation or gender identity. Opponents of the pride also include the influential Serbian Orthodox Church.
The church on Saturday hailed Vucic’s announcement, saying the pride serves “to promote LGBT ideology being imposed on Europe and so-called Western world in general.” The church also said holding the event would only fuel divisions during a crisis over Kosovo.
Serbia’s right-wing and pro-Russian groups have gained strength in the past several years and some secured parliament seats during the country’s general election in April. Several thousand people recently joined a march in Belgrade against LGBTQ Pride.
Vucic won another five-year term in Apriland his Serbian Progressive Party won the general election in a landslide. The president said Saturday that Brnabic, who has led Serbia’s previous two governments, should lead the new Cabinet that is expected to be formed in the coming weeks.
Brnabic first became Serbia’s prime minister in 2017, in what was seen as major change for the country that is predominantly conservative and male-dominated. Brnabic lives with her female partner, but LGBTQ groups have criticized the prime minister, saying she has done little to improve the position of lesbian, gay, bisexual, transgender and queer individuals in Serbian society.
After Belgrade’s 2010 pride march produced clashes, subsequent marches took place with strong police protection.
EuroPride was first celebrated in London in 1992, and Belgrade was set to be the first city in southeast Europe to host the event, according to organizers. Next month’s event was expected to attract thousands of people from throughout Europe.
Vucic said the celebration could be postponed for “happier times.” He insisted that state authorities must plan instead for energy problems anticipated for the winter, partly as a result of Russia’s war in Ukraine.
The Serbian government has condemned the Russian invasion but has refused to join Western sanctions against Russia.
Vucic said tensions with Kosovo, a former Serbian province whose independence the government in Belgrade has refused to recognize, were another source of pressure on authorities.
The tensions soared last month from a dispute over travel documents and license plates, and have raised concerns about instability in the Balkans, where multiple wars were fought amid the breakup of Yugoslavia. U.S. and EU envoys visited Kosovo and Serbia earlier this week in an effort to ease the tensions. | https://cw33.com/news/international/ap-international/ap-serbias-leader-says-europride-wont-happen-due-to-threats/ | 2022-08-27T18:50:12Z |
CAMBRIDGE, Mass., June 29, 2022 /PRNewswire/ -- Bolden Therapeutics, Inc., a biotechnology company developing first-in-class therapeutics to promote neurogenesis for the potential treatment of CNS illnesses, today announced being awarded a Small Business Innovative Research (SBIR) grant for $497,500 from the National Institute on Aging (NIA) of the National Institutes of Health.
"This SBIR award from the NIA will further our development of our exon-skipping antisense oligonucleotide (ASO) candidates to modulate the expression of a genetically-validated target for increasing neurogenesis," said Johnny Page, Co-Founder and CEO of Bolden Therapeutics. "With the support of these funds, we will be able to advance our ASO candidates in mouse models of Alzheimer's disease," said Anne Valat, Ph.D., Principal Scientist of Bolden Therapeutics and Principal Investigator of the SBIR grant.
The SBIR award is entitled 'Promoting adult hippocampal neurogenesis using antisense oligonucleotides as an Alzheimer's disease therapy'.
About Bolden Therapeutics, Inc.
Bolden Therapeutics is a biotechnology company developing first-in-class therapeutics to treat central nervous system diseases. The company's scientific co-founders, Dr. Justin Fallon and Dr. Ashley Webb have identified a key molecular pathway to stimulate neural stem cells to promote the birth of new neurons (neurogenesis) in the adult brain. The company is developing antisense oligonucleotides to modulate this genetically-validated target.
Bolden's research facilities are based within LabCentral, the premier incubator for next-generation powerhouse biotech startups located in the heart of Kendall Square, Cambridge, MA. Bolden's tenure at LabCentral has been supported by two 'Golden Tickets' from Biogen, providing the company with two years of sponsored laboratory space within this innovative ecosystem.
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SOURCE Bolden Therapeutics Inc | https://www.kxii.com/prnewswire/2022/06/29/bolden-therapeutics-receives-497500-sbir-grant-national-institute-aging-support-development-antisense-oligonucleotides-promote-neurogenesis/ | 2022-06-29T16:52:08Z |
Accreditation is a testament to the organization's prowess in silicon design engineering
EAST HARTFORD, Conn., Aug. 9, 2022 /PRNewswire/ -- Quest Global, one of the world's fastest growing engineering services firms, announced it has joined the Arm® Approved Design Partner program. This recognition further enables Quest Global to better support the organizations, by combining its expertise in designing ASICs (Application Specific Integrated Circuit) and Custom SoCs (Systems on Chip) with Arm's powerful IP catalog.
As an Arm Approved Design Partner, Quest Global will have select access to Arm's vast library of IP, tools and models, as well as roadmap updates. This partnership will further strengthen Quest Global's reputation as a partner of choice by providing access to its team of extraordinary silicon engineers and offering Arm customers with design support to deliver Arm-based SoCs specifically augmented for target markets.
Speaking on the occasion, Satish Bagalkotkar, CTO, Semiconductor at Quest Global, said, "It is a very proud moment for all of us. This association will allow us to support our customers with ASIC development, helping them fast track their projects to market. Our international presence, wide range of expertise, brilliant team of engineers and our ability to deliver on our commitments no matter how challenging, will further enhance our capabilities to solve challenges faced across industries."
The organization currently supports designs up to 3nm and 60% of its silicon engineers work on 7/6/5/4/3 nm technology nodes. The semiconductor team at Quest Global has already supported 300+ custom SoC tape-outs in the last five years delivering organization specific requirements, achieving desired design frequency and low power performance targets at the target technology nodes.
"The Arm Approved Design Partner program was built to connect industry leading organizations with customers looking to successfully implement custom designs based on Arm IP," said Ciarán Dunne, vice president and general manager, Partner Enablement at Arm. "Our partners can now confidently approach Quest Global to help them with the required expertise and know-how to build Arm-based ASICs and SoCs."
About Quest Global:
We are Quest Global. We're in the business of engineering, but what we're really building is a brighter future. It's not just what we do, but why we do it that makes us different. We believe engineering has the unique opportunity to solve the problems of today that stand in the way of tomorrow. For 25 years, we have strived to be the most trusted partner for the world's hardest engineering problems. As a global organization headquartered in Singapore, we live and work in 17 countries, with 56 global delivery centers, driven by 13,000+ extraordinary employees who make the impossible possible every day.
Quest Global brings deep industry knowledge and digital expertise to deliver end-to-end global product engineering services. We bring together technologies and industries alongside the contributions of diverse individuals and their areas of expertise to solve problems better, faster. This multi-dimensional approach enables us to solve the most important and large-scale challenges across the Aerospace & Defense, Automotive, Energy, Hi-Tech, Healthcare, Medical Devices, Rail and Semiconductor industries.
Media Contact:
Quest Global - Anubhuti.Agarwal@quest-global.com
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SOURCE Quest Global | https://www.wibw.com/prnewswire/2022/08/09/quest-global-becomes-arm-approved-design-partner/ | 2022-08-09T06:37:35Z |
NEW YORK, May 20, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Riskified Ltd. (NYSE: RSKD).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/riskified-ltd-loss-submission-form/?id=27467&from=4
This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 1, 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, Riskified Ltd. issued materially false and/or misleading statements and/or failed to disclose that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/05/20/rskd-shareholder-alert-jakubowitz-law-reminds-riskified-ltd-shareholders-lead-plaintiff-deadline-july-1-2022/ | 2022-05-20T11:17:21Z |
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Today, Inc. revealed that Instant Teams is No. 208 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing companies in America. The list represents a one-of-a-kind look at the most successful privately owned businesses.
"Making the Inc. 5000 list has been a goal of mine since becoming an entrepreneur. I am so proud of our company, the growth we have achieved together, and the economic impact we've generated for the military and veteran spouse community," said Instant Teams Founder and CEO Liza Rodewald.
Founders Liza Rodewald and Erica McMannes are the only active-duty military spouses in the Inc. 5000 Class of 2022, growing their company 2,572 percent over the past three years. Instant Teams joins the ranks of previous honorees of the Inc. 5000, such as Chobani, Jamba Juice, Meta, Microsoft, Pandora, Patagonia, and Under Armour, to name a few.
Instant Teams Founder and Chief People & Community Officer Erica McMannes stated, "Success is measured in so many ways when you're scaling fast, but knowing that our recognized growth has been consistently aligned to our mission and vision from day one, impacting unemployment rates and the financial stability of military families and untapped talent communities, it's just truly a monumental moment as a founder."
The companies on the 2022 Inc. 5000 list have not only been successful but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
Instant Teams is a talent marketplace that connects companies to military and veteran spouses. Using innovative technology, career development, and a focus on skills-based hiring, Instant Teams creates dynamic talent solutions for employers and remote careers for military spouses. For more information, visit instantteams.com.
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
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SOURCE Instant Teams | https://www.mysuncoast.com/prnewswire/2022/08/16/instant-teams-ranks-no-208-2022-inc-5000-annual-list/ | 2022-08-16T10:23:34Z |
TORONTO, June 1, 2022 /PRNewswire/ - Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) ("Magna" or the "Company") is pleased to announce that, further to its news release dated April 21, 2022, it has filed an independent technical report entitled "NI 43-101 Technical Report Initial Mineral Resource Estimate for the Margarita Silver Project Chihuahua, Mexico" and dated May 24, 2022, with an effective date of April 8, 2022 (the "Technical Report"). The Technical Report was prepared by Richard M. Gowans, P.Eng., William J. Lewis, P.Geo., Chitrali Sarkar, M.Sc., P.Geo., and Ing. Alan J. San Martin, MAusIMM (CP) of Micon International Limited, and Rodrigo Calles-Montijo, CPG, of Servicios Geológicos IMEx, S.C. A copy of the Technical Report is available under Magna's profile on SEDAR.
About Magna Gold Corp.
Magna is a Mexico focused gold/silver production company engaged in acquiring, exploring, developing and operating quality precious metals properties in Mexico. It is committed to advancing its 100% owned flagship San Francisco Mine, the Margarita Project and other highly prospective mineral properties located in Sonora and in Chihuahua. The primary strength of the Company is the team of highly experienced mining professionals with a proven track record of developing properties in Mexico from discovery to production. Magna employs community members and services in its operations.
ON BEHALF OF THE BOARD OF DIRECTORS
Arturo Bonillas
President and CEO
Cautionary Statements
This news release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will" or "plans". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, exploration results, potential mineralization (including estimates of measured and indicated resources, inferred resources and probable reserves), exploration and mine development plans, production (including gold production expectations and guidance), processing and mining expectations (including statements regarding expansion and advancement of assets) and strip ratio trends and expectations. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, risks related to the effects of COVID-19 on the Company, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
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.
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SOURCE Magna Gold Corp. | https://www.kxii.com/prnewswire/2022/06/01/magna-gold-files-independent-technical-report-margarita-silver-project/ | 2022-06-01T23:11:35Z |
Announces Plans for Chief Financial Officer Transition and Chief Strategy Officer Appointment
MENLO PARK, Calif., July 27, 2022 /PRNewswire/ -- Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended June 30, 2022.
"It was good to see positive trajectory on our engagement trends this quarter coming from products like Reels and our investments in AI," said Mark Zuckerberg, Meta founder and CEO. "We're putting increased energy and focus around our key company priorities that unlock both near and long term opportunities for Meta and the people and businesses that use our services."
Second Quarter 2022 Financial Highlights
Second Quarter 2022 Operational and Other Financial Highlights
- Family daily active people (DAP) – DAP was 2.88 billion on average for June 2022, an increase of 4% year-over-year.
- Family monthly active people (MAP) – MAP was 3.65 billion as of June 30, 2022, an increase of 4% year-over-year.
- Facebook daily active users (DAUs) – DAUs were 1.97 billion on average for June 2022, an increase of 3% year-over-year.
- Facebook monthly active users (MAUs) – MAUs were 2.93 billion as of June 30, 2022, an increase of 1% year-over-year.
- Ad impressions and price per ad – In the second quarter of 2022, ad impressions delivered across our Family of Apps increased by 15% year-over-year and the average price per ad decreased by 14% year-over-year.
- Capital expenditures – Capital expenditures, including principal payments on finance leases, were $7.75 billion for the second quarter of 2022.
- Share repurchases – We repurchased $5.08 billion of our Class A common stock in the second quarter of 2022. As of June 30, 2022, we had $24.32 billion available and authorized for repurchases.
- Cash, cash equivalents, and marketable securities – Cash, cash equivalents, and marketable securities were $40.49 billion as of June 30, 2022.
- Headcount – Headcount was 83,553 as of June 30, 2022, an increase of 32% year-over-year.
CFO Outlook Commentary
We expect third quarter 2022 total revenue to be in the range of $26-28.5 billion. This outlook reflects a continuation of the weak advertising demand environment we experienced throughout the second quarter, which we believe is being driven by broader macroeconomic uncertainty. We also anticipate third quarter Reality Labs revenue to be lower than second quarter revenue. Our guidance assumes foreign currency will be an approximately 6% headwind to year-over-year total revenue growth in the third quarter, based on current exchange rates.
In addition, as noted on previous calls, we continue to monitor developments regarding the viability of transatlantic data transfers and their potential impact on our European operations.
We expect 2022 total expenses to be in the range of $85-88 billion, lowered from our prior outlook of $87-92 billion. We have reduced our hiring and overall expense growth plans this year to account for the more challenging operating environment while continuing to direct resources toward our company priorities.
We expect 2022 capital expenditures, including principal payments on finance leases, to be in the range of $30-34 billion, narrowed from our prior range of $29-34 billion.
Absent any changes to U.S. tax law, we expect our full-year 2022 tax rate to be above the second quarter rate and in the high teens.
Chief Financial Officer Transition and Chief Strategy Officer Appointment
Effective November 1, 2022, current Chief Financial Officer David Wehner will take on a new role as Meta's first Chief Strategy Officer, where he will oversee the company's strategy and corporate development. Susan Li, Meta's current Vice President of Finance, will be promoted and serve as Meta's Chief Financial Officer.
Webcast and Conference Call Information
Meta will host a conference call to discuss the results at 2 p.m. PT / 5 p.m. ET today. The live webcast of Meta's earnings conference call can be accessed at investor.fb.com, along with the earnings press release, financial tables, and slide presentation. Meta uses the investor.fb.com and about.fb.com/news/ websites as well as Mark Zuckerberg's Facebook Page (facebook.com/zuck) and Instagram account (instagram.com/zuck) as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.
Following the call, a replay will be available at the same website. A telephonic replay will be available for one week following the conference call at +1 (402) 977-9140 or +1 (800) 633-8284, conference ID 22019375.
Transcripts of conference calls with publishing equity research analysts held today will also be posted to the investor.fb.com website.
About Meta
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
Contacts
Investors:
Deborah Crawford
investor@fb.com / investor.fb.com
Press:
Ryan Moore
press@fb.com / about.fb.com/news/
Forward-Looking Statements
This press release contains forward-looking statements regarding our future business plans and expectations. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: the impact of macroeconomic conditions on our business and financial results, including as a result of the ongoing COVID-19 pandemic and geopolitical events; our ability to retain or increase users and engagement levels; our reliance on advertising revenue; our dependency on data signals and mobile operating systems, networks, and standards that we do not control; changes to the content or application of third-party policies that impact our advertising practices; risks associated with new products and changes to existing products as well as other new business initiatives, including our metaverse efforts; our emphasis on community growth and engagement and the user experience over short-term financial results; maintaining and enhancing our brand and reputation; our ongoing privacy, safety, security, and content review efforts; competition; risks associated with government actions that could restrict access to our products or impair our ability to sell advertising in certain countries; litigation and government inquiries; privacy and regulatory concerns; risks associated with acquisitions; security breaches; and our ability to manage our scale and geographically-dispersed operations. These and other potential risks and uncertainties that could cause actual results to differ from the results predicted are more fully detailed under the caption "Risk Factors" in our Quarterly Report on Form 10-Q filed with the SEC on April 28, 2022, which is available on our Investor Relations website at investor.fb.com and on the SEC website at www.sec.gov. Additional information will also be set forth in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2022. In addition, please note that the date of this press release is July 27, 2022, and any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of this date. We undertake no obligation to update these statements as a result of new information or future events.
Non-GAAP Financial Measures
To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles in the United States (GAAP), we use the following non-GAAP financial measures: revenue excluding foreign exchange effect, advertising revenue excluding foreign exchange effect, and free cash flow. The presentation of these financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. Investors are cautioned that there are material limitations associated with the use of non-GAAP financial measures as an analytical tool. In addition, these measures may be different from non-GAAP financial measures used by other companies, limiting their usefulness for comparison purposes. We compensate for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures.
We believe these non-GAAP financial measures provide investors with useful supplemental information about the financial performance of our business, enable comparison of financial results between periods where certain items may vary independent of business performance, and allow for greater transparency with respect to key metrics used by management in operating our business.
We exclude the following items from our non-GAAP financial measures:
Foreign exchange effect on revenue. We translated revenue for the three and six months ended June 30, 2022 using the prior year's monthly exchange rates for our settlement or billing currencies other than the U.S. dollar, which we believe is a useful metric that facilitates comparison to our historical performance.
Purchases of property and equipment; Principal payments on finance leases. We subtract both purchases of property and equipment, net of proceeds and principal payments on finance leases in our calculation of free cash flow because we believe that these two items collectively represent the amount of property and equipment we need to procure to support our business, regardless of whether we procure such property or equipment with a finance lease. We believe that this methodology can provide useful supplemental information to help investors better understand underlying trends in our business. Free cash flow is not intended to represent our residual cash flow available for discretionary expenditures.
For more information on our non-GAAP financial measures and a reconciliation of GAAP to non-GAAP measures, please see the "Reconciliation of GAAP to Non-GAAP Results" table in this press release.
Segment Results
We report our financial results for our two reportable segments: Family of Apps (FoA) and Reality Labs (RL). FoA includes Facebook, Instagram, Messenger, WhatsApp, and other services. RL includes augmented and virtual reality related consumer hardware, software, and content.
The following table presents our segment information of revenue and income (loss) from operations. For comparative purposes, amounts in the prior period have been recast:
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SOURCE Meta | https://www.mysuncoast.com/prnewswire/2022/07/27/meta-reports-second-quarter-2022-results/ | 2022-07-27T21:30:11Z |
WASHINGTON, Aug. 18, 2022 /PRNewswire/ -- Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP® certification against Filippo Mastrocola, which is effective as of August 10, 2022.
CFP Board issued an automatic Interim Suspension Order suspending Mr. Mastrocola's right to use the CFP® certification marks after receiving evidence that the Securities Division of the Office of the Secretary of the Commonwealth of Massachusetts (Massachusetts Securities Division) issued a permanent bar. On May 24, 2022, Mr. Mastrocola entered into a Consent Order with the Massachusetts Securities Division (Consent Order). According to the Consent Order, Mr. Mastrocola advised a client whose wife had a serious health condition to liquidate stocks in his Individual Retirement Account (IRA) and send Mr. Mastrocola $228,000 in proceeds. As set forth in the Consent Order, Mr. Mastrocola claimed he would use the proceeds to purchase a Medicaid-compliant annuity on the client's behalf, to enable the client's wife to qualify for a state Medicaid program. Instead, the Consent Order states that Mr. Mastrocola used most of the proceeds for purposes unrelated to the client and never purchased the annuity. The Massachusetts Securities Division determined that Mr. Mastrocola's conduct violated Section 101(2) of the Massachusetts Uniform Securities Act, which prohibits the making of material misrepresentations or omissions in connection with the offer, sale or purchase of a security. Mr. Mastrocola consented to the imposition of a permanent bar, $102,000 in restitution and a $175,000 administrative fine. Under the automatic Interim Suspension Order, Mr. Mastrocola's right to use the CFP® certification marks is suspended, pending CFP Board's completed investigation and possible further disciplinary proceedings.
An interim suspension is a suspension of a CFP® professional's certification and trademark license during the pendency of proceedings. A Respondent subject to an Interim Suspension Order must not use the CFP® certification marks or state or suggest that Respondent is a CFP® professional while the Interim Suspension Order is in effect. An Interim Suspension Order is a temporary sanction and does not preclude CFP Board from imposing a final sanction. An Interim Suspension Order will remain in place until the DEC or, if an appeal is filed, CFP Board's Appeals Commission, issues a final order. CFP Board Counsel may vacate an Interim Suspension Order if a criminal conviction, civil liability or professional discipline is vacated or reversed or if Respondent provides sufficient evidence indicating that Respondent was not the subject of a criminal conviction, civil liability or professional discipline. A Hearing Panel of the DEC may issue an Order to vacate an Interim Suspension Order upon a successful Petition to Vacate an Interim Suspension Order by Respondent.
The basis for this decision also may be found on CFP Board's website at CFP.net/verify. At that website, CFP Board provides the public with:
- The ability to check on any individual's CFP Board disciplinary history and CFP® certification status.
- Links to other sources of information about CFP® professionals that may be more recent or that may contain information that has not led to CFP Board discipline and does not appear on CFP Board's website. This information may include customer disputes, disciplinary actions taken by a regulator or employer, certain criminal matters and certain financial matters (such as bankruptcy proceedings and unpaid judgments or liens).
- Links to the Financial Industry Regulatory Authority Inc.'s (FINRA's) BrokerCheck and the U.S. Securities and Exchange Commission's (SEC's) Investment Adviser Public Disclosure databases for individuals who are subject to FINRA or SEC oversight.
As part of their certification, CFP® professionals make a commitment to CFP Board to abide by CFP Board's Code of Ethics and Standards of Conduct (Code and Standards) or its predecessor, the Standards of Professional Conduct (Standards), which included the Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards. CFP Board's Procedural Rules set forth the process for investigating matters and imposing sanctions where violations have been found.
CFP Board enforces its ethical standards by investigating alleged violations and, where there is probable cause to believe there are grounds for sanction, presents a Complaint containing the alleged violations to CFP Board's DEC. The DEC meets at least six times a year to review any matter in which CFP Board has alleged that a CFP® professional has violated the Code and Standards or its predecessor Standards. The DEC functions in accordance with the Procedural Rules and reviews all matters on a case-by-case basis, considering the details specific to an individual case. If the DEC determines there are grounds for sanction, then it may impose a sanction. DEC orders may be appealed by a CFP® professional or CFP Board pursuant to the Procedural Rules.
In certain circumstances, such as when a CFP® professional is in default due to failure to acknowledge receipt of a Notice of Investigation or file an Answer, CFP Board staff must deliver an Administrative Order of Suspension, Temporary Bar, Revocation or Permanent Bar. Administrative Orders also are subject to appeal.
More information on CFP Board's enforcement process can be found at CFP.net/ethics/enforcement.
Certified Financial Planner Board of Standards, Inc. is the professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. CFP Board, along with its Center for Financial Planning, is committed to increasing the public's awareness of CFP® certification and access to a diverse, ethical and competent financial planning workforce. Widely recognized by the public, advisors and firms as the standard for financial planning, CFP® certification is held by nearly 93,000 people in the United States.
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SOURCE Certified Financial Planner Board of Standards, Inc. | https://www.kxii.com/prnewswire/2022/08/18/cfp-board-imposes-interim-suspension-filippo-mastrocola-everett-massachusetts/ | 2022-08-18T14:52:52Z |
Russia invades Ukraine
By Julia Hollingsworth and Brad Lendon, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
By Julia Hollingsworth and Brad Lendon, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
You must be logged in to post a comment. | https://localnews8.com/news/2022/04/15/russia-invades-ukraine-89/ | 2022-04-16T05:49:55Z |
TSA on track to find record-setting number of guns
(CNN) - Airport security screeners are finding an average of 17 guns a day.
Officials with the Transportation Security Administration say if that pace continues, they will find more firearms this year than any other year.
The TSA reports it caught more than 3,000 guns in the first half of 2022.
The previous full-year record of 5,972 was set last year, and the TSA says more than 80% of the guns found were loaded.
According to the TSA, people can bring firearms in checked bags, but they must be in a locked, hard-sided case, unloaded and declared at the airline check-in counter.
Guns also have to be in a different case than ammo.
If a gun is discovered at a TSA checkpoint, it can result in a fine of up to $10,000.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/06/tsa-track-find-record-setting-number-guns/ | 2022-07-06T21:11:39Z |
National life insurance provider opens its first non-sales office outside of Massachusetts in its 130-year history
CANTON, Mass., June 14, 2022 /PRNewswire/ -- Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced today the opening of its dedicated corporate office space for employees in Omaha, Nebraska. As a national life insurance carrier with its main office in Canton, Massachusetts, the new space will support the organization's growth and provide a dedicated non-sales office for employees in the Midwest for the first time in the organization's 130-year history.
The opening of Boston Mutual's Omaha office is a key element of the company's long-term strategic plan to grow its national presence. The office will be populated by members of various teams, including the company's newly integrated Customer Experience, Innovation, Projects & Technology Strategic Business Center, and will be led by the department's executive vice president, Jennifer Helms. She has held multiple leadership roles in the insurance industry in Omaha and is active in the local community.
"The opening of our corporate office in Omaha is a critical component of our business's diversification initiatives on our strategic roadmap," said Paul A. Quaranto, Jr., Chairman, CEO and President at Boston Mutual Life Insurance Company. "We are pleased to have Jennifer Helms leading our new office space in the Midwest as she has been an exemplary leader in the Omaha insurance industry for several years. We are proud of our growth and are looking forward to deepening our presence in the Omaha community."
Over a dozen Boston Mutual employees are currently based in Omaha. Through the company's charitable corporate citizenship program, Making An Impact, and as individuals, many of these employees are actively engaged in a number of charitable initiatives to support local non-profits, such as the University of Nebraska Foundation, Big Brothers Big Sisters, Habitat for Humanity, Project Harmony, TeamMates Mentoring, and the Business Ethics Alliance. The company also directly supports various causes in the region – for example, to pay tribute for veterans' service to our country and as part of the company's 130th anniversary activities in 2022, Boston Mutual Life assisted Wreaths Across America's initiative to place wreaths during the holiday season last year on the graves of service members at the Omaha National Cemetery.
To learn more about Boston Mutual Life Insurance Company, please visit https://www.bostonmutual.com/. For insurance brokers interested in learning more about Boston Mutual's product portfolio, contact our sales representative for the Omaha region: https://www.bostonmutual.com/our-products/solutions-for-the-workplace/find-a-representative/#NE.
Founded as a progressive life insurance company in 1891, Boston Mutual Life Insurance Company is a national carrier that provides insurance solutions designed for working Americans and their families, as well as enrollment and billing options at the workplace. With offices based in Canton, Massachusetts, and Omaha, Nebraska, as a mutual company, Boston Mutual Life is dedicated to acting in the best interests of its policyholders, producers, employees, and its communities. For more information, please visit www.bostonmutual.com or contact your Boston Mutual Life representative. Follow the company on Facebook (/BostonMutualLifeIns) or LinkedIn (/company/boston-mutual-life-insurance).
Media Contacts
Meredith D'Agostino
Boston Mutual Life Insurance Company
meredith_dagostino@bostonmutual.com
(800) 669-2668 x276
Boston Mutual News Desk:
bmlnewsdesk@bostonmutual.com
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SOURCE Boston Mutual Life Insurance Company | https://www.wibw.com/prnewswire/2022/06/14/boston-mutual-life-insurance-company-expands-presence-with-omaha-corporate-office/ | 2022-06-14T13:16:31Z |
OpenText marks fifth year as market leader underpinned by investments in AI, content services and customer data platforms to drive Customer Experience Management (CXM) integration
WATERLOO, ON, July 28, 2022 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced OpenText Experience Platform for Communications solution has been recognized as a Leader in the 2022 Aspire Leaderboard™ for Communications Experience Platform (CXP). Additionally, OpenText market leading Customer Communications Management (CCM) product, OpenText Exstream, has been named a leader in AnyPrem CCM Software. This is the fifth year OpenText™ has been named a leader on the Aspire Leaderboard.
According to Aspire, "OpenText™ is increasingly positioning itself as a vendor offering a best-of-suite platform in the converging CCM-CXM space. As businesses begin searching for ways to holistically manage communications and digital experiences across the entire customer lifecycle, OpenText™ – with its wide range of capabilities – is in an excellent position to capitalize on this growing market demand. Through integration with Google BigQuery and Analytics, it offers advanced data capabilities that combine with its leading CCM and Experience Cloud solutions to provide a good foundation for companies looking to manage critical communications, customer service communications, and marketing interactions in a single environment."
"The customer communications management market is changing – there's an increasing need for personalization to drive digital experiences at scale," said Sandy Ono, Executive Vice President and Chief Marketing Officer, OpenText™. "OpenText™ is continuing to innovate in solutions that intrinsically evolve CCM to meet a broader need for customer experience management to deliver the holistic, highly personalized customer communications today's market demands."
OpenText™ Experience Cloud improves customer experience by allowing customers to access real-time first-party data and automatically deliver a personalized experience that optimizes and enhances the customers' journey. As a key component of this solution, OpenText Exstream powers data modernization, enabling organizations to bring together relevant, personalized and insightful data-driven communications with digital experiences in the form of customer-preferred delivery channels and formats.
"OpenText™ is actively driving integrated CCM/CXM platform development, offering data-driven communications and digital experiences, underpinned by investments in AI, content services and customer data platforms," said Kaspar Roos, founder and CEO of Aspire. "With its accelerated shift to the cloud, redesigned interfaces for the majority of its CCM (and CXM) products, deeper integration, and a greater focus on AI, we believe OpenText™ is prepared to continue shaping the CCM market in the years ahead."
Access The Aspire Leaderboard™ here.
Aspire Disclaimer The Aspire Leaderboard™ is copyrighted by Aspire Customer Communications Services Ltd. and is based on the findings and opinions of Aspire's consultancy organization. Aspire does not endorse any vendor, product or service included in the Aspire Leaderboard. For tailored RFP support please contact the Aspire team here.
Aspire Customer Communications Services is a boutique consulting firm specializing in the Customer Communications Management (CCM), Customer Experience Management (CXM), and Customer Journey Management (CJM) industries. Through deep market expertise and global insights, Aspire works with Software, Services and Solution providers, and Business Advisories and Private Equity Firms to help them achieve their CCM goals. Find more information about how Aspire is helping organizations navigate the complexities of the customer communications world at http://www.aspireccs.com.
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
OpenText CEO Mark Barrenechea's blog
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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2022 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.
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SOURCE Open Text Corporation | https://www.mysuncoast.com/prnewswire/2022/07/28/opentext-recognized-leader-2022-aspire-ccm-cxm-leaderboard-communications-experience-platform-anyprem-ccm-software/ | 2022-07-28T14:15:45Z |
LEXINGTON, Ky., July 13, 2022 /PRNewswire/ -- Tempur Sealy International, Inc. (NYSE: TPX) will release its financial results for the second quarter ended June 30, 2022 before the NYSE opening of regular trading on Wednesday, July 27, 2022. The Company will hold a conference call to discuss those results at 8:00 a.m. Eastern Time.
The call will be webcast and can be accessed on the Company's investor relations website at investor.tempursealy.com. After the conference call, a webcast replay will remain available on the website for 30 days.
About the Company
Tempur Sealy is committed to improving the sleep of more people, every night, all around the world. As a global leader in the design, manufacture and distribution of bedding products, we know how crucial a good night of sleep is to overall health and wellness. Utilizing over a century of knowledge and industry-leading innovation, we deliver award-winning products that provide breakthrough sleep solutions to consumers in over 100 countries.
Our highly recognized brands include Tempur-Pedic, Sealy® featuring Posturepedic® Technology, and Stearns & Foster® and our non-branded offerings include value-focused private label and OEM products. Our distinct brands allow for complementary merchandising strategies and are sold through third-party retailers, our Company-owned stores and e-commerce channels. This omni-channel strategy ensures our products are offered where ever and how ever customers want to shop.
Lastly, we accept our global responsibility to serve all stakeholders, our community and environment. We have and are implementing programs consistent with our responsibilities.
Investor Relations Contact
Aubrey Moore
Investor Relations
Tempur Sealy International, Inc.
800-805-3635
Investor.relations@tempursealy.com
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SOURCE Tempur Sealy International, Inc. | https://www.kxii.com/prnewswire/2022/07/13/tempur-sealy-announce-second-quarter-2022-financial-results-july-27th/ | 2022-07-13T11:35:16Z |
After cancellation, Dems look to reduce future student debt
WASHINGTON (AP) — Building on President Joe Biden’s student debt cancellation plan, House Democrats on Thursday proposed new legislation that would increase federal student aid, lower interest rates on loans and take other steps to make college more affordable.
The bill is being pushed as a complement to Biden’s plan, which promises to wipe away student debt for millions of Americans but does little to help future students avoid heavy levels of debt. Democrats say their plan would tackle the root causes behind America’s $1.6 trillion in federal student debt.
“Simply put, by making loans cheaper to take out and easier to pay off, the LOAN Act will help improve the lives of student loan borrowers — both now and in the future,” said Rep. Bobby Scott, D-Va., chair of the House Education and Labor Committee.
But similar to Biden’s loan cancellation plan, the proposed legislation does not address the rising cost of college itself, which has continued to increase for decades.
Much of the proposal focuses on expanding federal Pell Grants, which are given to low-income students but have failed to keep pace with inflation and tuition rates. When the Pell program was started in the 1970s, the grants covered nearly 80% of tuition, fees and housing at a typical public university, according to federal data. Today, they cover about a quarter of those costs.
The legislation would double the maximum Pell Grant, to $13,000, over a five-year span, and then make sure it stays even with inflation. Families that receive food stamps or Medicaid would automatically get an additional $1,500 per year. And students would be able to use Pell Grants for up to 18 semesters, up from 12 now.
Interest rates on new federal student loans would be lowered starting in July 2023 to match the yield on the 10-year Treasury note, and all federal student loans would be capped at a 5% interest rate. Current caps vary depending on the type of loan but can reach as high as 10.5%. Older loans would be eligible for refinancing at the lower interest rates.
Democrats also aim to permanently relax the rules for the Public Service Loan Forgiveness program, which was created to help public servants get their student debt forgiven but has been marred by complex rules.
The proposal would allow public workers to get their debt cancelled after making 96 monthly payments, down from 120, and it would allow certain periods of non-payment to count, including military service or time in the Peace Corps. The Education Department recently loosened some rules during the pandemic, but the changes are set to expire at the end of October.
Several of the bill’s components are perennial aspirations for Democrats, who have long sought to increase Pell Grants and fix the loan forgiveness program. But those goals have been thwarted by a deeply divided Congress — Biden has repeatedly sought to double Pell Grants but had to settle for a $400 increase this year as part of a bipartisan budget bill.
The legislation faces an unclear path to passage, but at minimum it spells out Democratic priorities as both parties vow to address the nation’s ballooning student debt. House Republicans unveiled their own proposal in August, looking to scale back lending — especially for costly graduate school programs — and rein in debt forgiveness.
The Republican legislation would eliminate the Public Service Loan Forgiveness program entirely, and allow students to borrow no more than $100,000 in federal student debt for graduate school, down from an existing $138,500 cap. Additionally, it would allow students to use Pell Grants for short-term programs that focus on job training.
In a direct shot at the Biden administration, the GOP bill also sought to limit the education secretary’s ability to cancel student debt.
Biden’s cancellation plan, announced last month, promises to forgive $10,000 in federal student debt for individuals with incomes less than $125,000 a year or families below $250,000. Those who received Pell Grants to attend college get another $10,000.
The Education Department says an application will be available by early October. Whether borrowers actually see the relief depends on whether the plan survives legal challenges that are almost certain to come.
Although the broad details of the plan have been available for weeks, many with student debt have been left to wonder about exactly how it will be carried out.
Long before Biden announced his plan, the Education Department said borrowers could get refunds for payments made during the pandemic. But could borrowers undo those payments and then apply to get the debt canceled? Officials didn’t say, sowing confusion about what borrowers should do.
Answers started to emerge this week as the Education Department quietly updated a website with details on the plan.
According to the agency, borrowers who made payments during the pandemic will automatically get that money refunded if they apply for Biden’s cancellation — but only if their previous payments left them with a loan balance lower than the $10,000 or $20,000 they’re getting canceled.
The department offers an example: If someone is eligible for $10,000 in cancellation but made a $1,000 payment that left their balance at $9,500, they would get a refund of $500.
Borrowers who paid off their loans during the pause will need to request a refund first, then request cancellation, the department said.
Many Democrats applauded Biden’s plan, but some have said it does little to stop future students from piling on student debt. Even Biden’s education secretary, Miguel Cardona, acknowledged the limited scope of a one-time debt cancellation.
Talking to reporters last week, Cardona said it would be “short-sighted” to think the cancellation will solve the student debt problem.
Instead Cardona drew attention to on a new, more generous loan repayment plan that was unveiled alongside the cancellation. Under that proposal, borrowers’ monthly bills would be capped at 5% of their earnings, down from 10% now, and any remaining balance would be forgiven after 10 years, down from 20 years now.
“It’s not as flashy,” Cardona said of the repayment plan, “but it has generational impact.”
Democratic lawmakers agree that cancellation is only part of the solution. Rep. Frederica Wilson, D-Fla., a sponsor of the new bill, said it’s up to Congress to make sure borrowers don’t sink into debt again, especially students of color who are more likely to borrow debt and struggle to repay it.
“This legislation brings together some of the most forward-thinking and innovative proposals into one comprehensive proposal so that this generation is the last to experience America’s student loan debt crisis,” Wilson said.
___
The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/15/after-cancellation-dems-look-reduce-future-student-debt/ | 2022-09-15T15:12:59Z |
HILLSBOROUGH, N.C., May 4, 2022 /PRNewswire/ -- From Alaska to Wyoming, College Consensus, a unique college ratings website that aggregates publisher rankings and student reviews, has published its ranking of the Best Online & Traditional Colleges in Every State for 2022.
73% of college students at all education levels attend public institutions, typically in their home state. For many, in-state public colleges mean lower costs and less travel, making them an enticing option for budget-conscious students who want to stay close to home.
"Location and proximity to home are traditionally some of the most important college decision factors for prospective students," says College Consensus founder Jeremy Alder. "Even online students prefer to go to in-state colleges."
To determine the Best Colleges in Every U.S. State, College Consensus began with a list of colleges in each state, then combined the results of the most respected college ranking systems with the averaged ratings of thousands of real student reviews from around the web to present a comprehensive picture of the American college landscape—state by state.
California and Texas are each home to over 1 million college students—the highest concentrations of college students in the U.S.—and boast resident enrollment rates up to 93%.
The 5 Best Colleges in California are:
- Stanford University
- Pomona College
- University of California-Los Angeles
- University of California-Berkeley
- California Institute of Technology
View the best online colleges in California here.
The 5 Best Colleges in Texas are:
- Rice University
- University of Texas at Austin
- Texas A&M University-College Station
- Trinity University
- University of Dallas
View the best online colleges in Texas here.
Visit the directory to view the full ranking of traditional and online colleges for each state.
"Students looking to attend an in-state college—and want the best of the best—should start their research at this list," continues Jeremy Alder.
In addition to offering an innovative approach to college and graduate school rankings, College Consensus also offers expert advice and guidance on all aspects of college life, from finding the perfect college, to getting accepted, paying for it, applying to and attending graduate school, and finding a professional path after graduation.
For information on leveraging this award, winners may contact College Consensus' licensing partner, Wright's Media, at collegeconsensus@wrightsmedia.com.
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SOURCE College Consensus | https://www.mysuncoast.com/prnewswire/2022/05/04/college-consensus-publishes-rankings-best-colleges-every-state-2022/ | 2022-05-04T14:51:54Z |
Couple arrested after man abuses, tortures girlfriend’s children, deputies say
SALISBURY, N.C. (WBTV/Gray News) – A North Carolina couple has been arrested after the woman’s boyfriend abused and tortured her two children, ages 2 and 9, officials said.
According to the Rowan County Sheriff’s Office, 27-year-old William Joseph Elliot Jr. and 25-year-old Patricia Leigh Hall were arrested Friday. Officials said Elliot abused the children, and Hall allowed the abuse to happen.
The investigation started when deputies responded to a call on April 8 regarding the well-being of the 2-year-old boy. Deputies said the child was suffering from facial injuries, possibly caused by abuse.
According to Major John Sifford, the toddler had a bloody nose when deputies arrived at the home. The toddler was taken to the hospital with non-life-threatening injuries.
Following the investigation, authorities said they determined that Elliot, the boyfriend of the children’s mother, abused and tortured both children on multiple occasions.
According to the report, Hall allowed Elliott to slap the 2-year-old child, leaving marks on the child’s head. Elliott is also accused of holding the 2-year-old down in the bathtub while spraying the child’s face with water. He also allegedly bruised the child’s mouth, jaws and face, which led to the bloody nose that deputies reported seeing when they visited the house.
Elliott also is accused of stuffing rags and clothing into the young child’s mouth as punishment.
Rowan County detectives along with the Department of Social Services launched an investigation into the situation, temporarily removing the toddler and his 9-year-old sibling from the home.
Elliot is charged with felony child abuse, misdemeanor child abuse and assault on a child under the age of 12. He is being held under a $500,000 secured bond.
Hall is being held under a $50,000 secured bond and is facing several counts of misdemeanor child abuse and failure to report a crime against a juvenile.
Copyright 2022 WBTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/03/couple-arrested-after-man-abuses-tortures-girlfriends-children-deputies-say/ | 2022-05-03T18:33:25Z |
MEMPHIS, Tenn., July 12, 2022 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from July 1, 2022, to September 30, 2022, inclusive, on the common stock, par value $1.00. This dividend is payable on September 15, 2022, to holders of record at the close of business on August 15, 2022.
Today, the company also declared a regular quarterly dividend of $1.00 per share for the period from July 1, 2022, to September 30, 2022, inclusive, on the cumulative $4.00 preferred stock of the Company. This dividend is also payable on September 15, 2022, to holders of record at the close of business on August 15, 2022.
About International Paper
International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2021 were $19.4 billion. Additional information can be found by visiting InternationalPaper.com.
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SOURCE International Paper | https://www.kxii.com/prnewswire/2022/07/12/international-paper-declares-dividend/ | 2022-07-12T21:49:35Z |
Which Under Armour pants are best?
Under Armour is a well-known brand for sports and fitness enthusiasts. Just like its sporting equipment, Under Armour apparel provides features that help athletic performance, including moisture-wicking material and flexible movement. They also have pants to fit a wide range of sizes.
If you want a combination of comfort and performance, the Under Armour Woven Vital Workout Pants are a great choice. They combine fabrics designed for active lifestyles with designs that look just as great off the court or field.
What to know before you buy Under Armour pants
Why Under Armour pants are expensive
These premium pants are more expensive than some other brands but last through multiple seasons and are designed for maximum durability, even with an active lifestyle. Pants made with ripstop fabric are the most expensive but don’t tear even when snagged or caught on something. Considering that they will last for years, spending a bit more initially on Under Armour pants can actually be a better value over time.
Designed for sports
Most Under Armour pants can be worn for any active activity, but some are designed for specific uses. Golf pants and lightweight tech pants are ideal for outdoor use in hot weather. Fleece pants work for cooler climates or lounging.
Some pants can be used for sports and day-to-day wear, with features such as pockets and belt loops to be dressed up or down. Under Armour also makes uniform pants, including multiple styles of baseball and softball pants.
Designs for the family
Under Armour makes pants for men, women and kids. Not all styles are available for the entire family and most pants are not unisex. Women’s pants are often more fitted than men’s. Kids’ pants come in smaller sizes and have adjustable waistbands to extend their wearability.
What to look for in quality Under Armour pants
Material
Because Under Armour pants are made for active lifestyles, most of their pants are made with performance fabrics. These include moisture-wicking tech fabric, polyester and fleece. Some have mesh linings as well. Look for a fabric that suits your environment. Lightweight, breathable fabrics work best for hot days and fleece provides warmth without limiting your movement.
Fit
Quality athletic pants are fitted enough to allow a broad range of movement. Under Armour pants can be fitted at the ankle, such as jogger pants, or looser throughout with a straight leg. There are plenty of sizes and tall options for the best fit for every body type. Elastic waistbands are the most flexible, while button closures give a polished look.
Breathability
If you sweat a lot while you work out or play sports, look for lightweight pants that don’t trap heat. Even Under Armour’s fitted pants made with performance fabrics have plenty of breathability. Four-way stretch fabric is flexible for width and length, retaining its shape and size even as you bend and move. This helps maintain airflow while you are active.
Practical features
If you plan to wear your pants on the go, look for a pair with pockets for your keys or phone. Most Under Armour pants have pockets, but they can range from two open pockets to four with button closures. Some pants even include cargo pockets for maximum utility. Leggings, most common for women and kids, are pocketless but the least bulky.
How much you can expect to spend on Under Armour pants
Expect to spend $30-$80 on adult Under Armour pants. Prices are based on fabric, fit and extra performance features.
Under Armour pants FAQ
Is Under Armour reliable?
A. Yes. The longtime brand has a reputation for maintaining quality in its designs and workmanship. Its pants last for years and include a 60-day return policy if you change your mind. The durable fabrics resist tearing and wear even during extreme sports.
Does Under Armour make kids products?
A. While the best-selling Under Armour pants are designed for men, there’s also a durable line of kids apparel. It’s expensive but can hold up to rough wear and play, often passed down to younger siblings due to its durability. Many Under Armour kids pants are sold with matching tops or jackets.
What are the best Under Armour pants to buy?
Top Under Armour pants
Under Armour Men’s Woven Vital Workout Pants
What you need to know: The ripstop fabric is durable, machine-washable and provides a layer between you and the elements so you can get years of use out of these pants.
What you’ll love: Sizes run from extra-small to 4XL, with a tall option in each size. The straight-leg fit is comfortable during workouts, sports or casual activities.
What you should consider: The fabric makes a swishing sound as you walk or move.
Where to buy: Sold by Amazon
Top Under Armour pants for the money
Under Armour Rival Fleece Joggers
What you need to know: The multiple color options work for team sports or individual use, with corresponding styles for men, women and kids.
What you’ll love: The jogger style is on-trend while keeping your pants away from your feet while you run or play sports. There are also matching jackets to complete your look or use as uniforms.
What you should consider: The fleece interior can get hot.
Where to buy: Sold by Dick’s Sporting Goods, Macy’s and Amazon
Worth checking out
What you need to know: These are dressy enough to go to the office or play golf, but still have moisture-wicking fabric and plenty of stretch for those who prefer the comfort of activewear.
What you’ll love: The four pocket design provides space for your keys, wallet and any other essentials, while still keeping the sporty design.
What you should consider: The lightweight fabric is thin.
Where to buy: Sold by Amazon
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Katie Begley 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/bottoms-br/best-under-armour-pants/ | 2022-07-05T19:33:01Z |
(iSeeCars) – Production shutdowns and supply chain issues from the ongoing microchip shortage have drastically lowered new car inventory. As the demand continues to exceed the supply of new cars, dealers across the country are pricing new cars above MSRP (Manufacturer’s Suggested Retail Price) and removing new car incentives.
The newest iSeeCars study of 1.2 million new car listings found the average new vehicle is priced 9.9 percent above MSRP, but some vehicles are priced well above this average. Here are the new cars that are priced the highest above MSRP in each state.
- The Jeep Wrangler compact off-road SUV is the vehicle with the highest markup over MSRP in most states with 15. Its four-door variant, the Jeep Wrangler Unlimited, earns the distinction in the second-most number of states with nine.
- Jeep vehicles account for the highest marked-up vehicle in 30 states.
- The vehicle with the highest markup across all states is the Ford Maverick compact pickup truck, which is priced 34.7 percent above MSRP in Pennsylvania.
What Does This Mean for Consumers?
New car buyers will likely have trouble finding available inventory and can expect to pay higher-than-average prices for vehicles that are in high demand. New car shortages are expected to persist due to the backlog of demand, and the Russia-Ukraine conflict has led to factory shutdowns and pricing increases on raw materials. Moreover, the lack of inventory for new cars has led to used car price increases as well. The best way to avoid paying over sticker or to find used cars that aren’t drastically overpriced is to broaden your search radius and consider similar vehicles that may not be as overpriced.
More from iSeeCars:
Methodology:
iSeeCars analyzed over 1.2 million new cars listed for sale between February 1 and March 25, 2022, and compared their list price to their MSRP. The average difference was expressed as a percentage from MSRP and used to rank models. Low-volume models and heavy-duty vehicles were excluded from further analysis.
About iSeeCars.com
iSeeCars.com is a car search engine that helps shoppers find the best car deals by providing key insights and valuable resources, like the iSeeCars free VIN check reports and Best Cars rankings. iSeeCars.com has saved users over $332 million so far by applying big data analytics powered by over 25 billion (and growing) data points and using proprietary algorithms to objectively analyze, score and rank millions of new cars and used cars.
This article, The Cars With the Highest Dealer Markups by State, originally appeared on iSeeCars.com. | https://cw33.com/news/the-cars-with-the-highest-dealer-markups-in-each-state/ | 2022-04-11T23:40:36Z |
CHICAGO, May 12, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today announced its Board of Directors has declared a quarterly cash dividend of $0.48 per share of common stock for the second quarter of 2022. The second-quarter 2022 dividend is payable on June 15, 2022, to stockholders of record as of May 31, 2022.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), a leading provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The company is committed to operating a trusted, inclusive global marketplace, providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX, across North America, Europe and Asia Pacific. To learn more, visit www.cboe.com.
CBOE-D
CBOE-OE
Cboe®, Cboe Global Markets®, Cboe Volatility Index®, and VIX® are registered trademarks of Cboe Exchange, Inc
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SOURCE Cboe Global Markets, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/12/cboe-global-markets-declares-second-quarter-2022-dividend/ | 2022-05-12T22:39:25Z |
WEST PALM BEACH, Fla., July 20, 2022 /PRNewswire/ -- The Iscoe Law Firm, one of Florida's leading personal injury attorney teams, today shared some insights on golf carts. Many
people may think it's all fun and games on the golf course, but the fact is that those motorized golf carts are not meant to be driven with reckless abandon – and doing so can lead to serious golf cart accidents.
Gary T. Iscoe, Esq., Founding Partner of Iscoe Law reminds us how the State of Florida is a prime golfing territory, but also hosts far too many dangerous golf cart accidents.
Golf cart accidents are probably far more common than you realize, and some of the most common causes include:
- Taking overly sharp turns (the laws of physics also apply to golf carts)
- Failing to engage the brake before abandoning the cart (golfers often take a cavalier approach to parking their carts that can ultimately prove dangerous)
- Texting behind the wheel (distracted driving is dangerous no matter what the motorist is driving)
- Impaired driving (if you drink, don't drive – anything)
- Dangling one's limbs outside the cart
- Reversing down a hill (golf carts are motor vehicles, and common sense applies)
- Overcrowding the golf cart (golf carts are not clown cars)
- Driving too fast (excess speed is always dangerous)
While determining and proving liability tends to be challenging in every personal injury claim, it can be more so in a golf car accident claim.
Since 1991, Gary T. Iscoe, a Trial Lawyer, has been dedicated to holding the powerful accountable for taking advantage of the powerless. From representing clients in serious injury cases, wrongful death cases, class actions, and other lawsuits including medical malpractice, and product liability. Gary and his team understand Florida's complex personal injury laws.
Iscoe Law fights hard for the injured and holds auto insurers like State Farm, Allstate, Progressive, GEICO, Liberty Mutual accountable for the pain and suffering, medical expenses, lost wages, and other damages suffered by its clients.
Iscoe Law offers a free initial consultation at one's home, office, hotel, or hospital. For more information or schedule a free consultation, call 800-800-6500 or visit www.iscoelaw.com
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SOURCE Iscoe Law | https://www.kxii.com/prnewswire/2022/07/20/iscoe-law-firm-shares-stories-about-golf-cart-accident-claims/ | 2022-07-20T12:33:05Z |
Challis Public Library awarded grant to offer Telehealth
CHALLIS, Idaho (KIFI) - The Challis Public Library received a $23,500 grant for the purchase and installation of a privacy pod that will be used as a Telehealth space within the library.
The funding will also cover the cost of the technology needed for the pod to serve as a state-of-the-art space specifically designed for private medical appointments and consultations.
The grant was funded by the Blue Cross of Idaho Foundation for Health and managed by the Idaho Commission for Libraries.
The Challis Public Library serves the largest population in the county. Currently, more than 30% of Custer County’s residents are aged 65 years or older, and as more people are choosing to retire in the Challis area, that number will continue to rise.
Some of the medical services not available in Challis include those for mental health, counseling, physical therapy, and specialized health care. Having a private Telehealth option with reliable internet and equipment at the Challis Public Library will help meet the health care needs of the community. Library staff anticipate operating the library an additional 10 hours per week to have more time for the privacy pods to be available, and staff plan to partner with local health care and senior service providers.
“This dedicated space will allow people to meet with health care providers virtually and receive the service they would otherwise have to miss entirely or travel to access, and travel from our area can be difficult due to weather, challenging roads, and cost," Challis Public Library Director Becky Mitchell said. | https://localnews8.com/news/idaho/2022/04/26/challis-public-library-awarded-grant-to-offer-telehealth/ | 2022-04-26T19:03:08Z |
Organic Acidemia Association Provides Additional Support to Expand Fund
GERMANTOWN, Md. , June 22, 2022 /PRNewswire/ -- The HealthWell Foundation®, an independent non-profit that provides a financial lifeline for inadequately insured Americans, has enhanced its homocystinuria fund to also provide financial assistance to patients living with organic acidemia. Through the Homocystinuria and Organic Acidemias Fund, HealthWell will provide up to $5,000 in copayment or premium assistance to eligible patients with annual household incomes up to 500 percent of the federal poverty level to obtain prescription medications for the treatment and management of their condition.
Kathy Stagni, Executive Director, Organic Acidemia Association, said, "OAA is honored to provide a financial contribution to support broadening this fund to include organic acidemias. Those living with the condition can be faced with a multitude of symptoms including breathing difficulties, vomiting, slow growth, and lethargy. Organic acidemia may also lead to neurological and physiological harm resulting in toxicity to organs. If undiagnosed and left untreated, the condition can be fatal. Accessing proper care and the ability to afford continued treatment are obstacles that many patients face. We applaud the HealthWell Foundation for recognizing this unmet need and for providing the financial resources these patients need to access lifesaving treatments."
According to the Organic Acidemia Association, organic acidemias are a group of inheritable genetic metabolic disorders in which there is a defect in protein metabolism where an essential enzyme is absent or malfunctioning. This defect results in a buildup of chemicals, in this case usually acids, on one side of the metabolic blockage and a deficiency of vital chemicals on the other. This causes an overdosage of one chemical (often toxic) and the shortage of another which is essential to normal body functioning.
The effect of the disorder will depend upon the age at which symptoms occur. Children with less severe forms of the conditions develop symptoms later. Characteristics of the conditions include general malaise, reluctance to feed, breathing problems, vomiting, hypotonia (floppiness) and/or spasticity (stiffness). Early detection and treatment can greatly mitigate the effects of the disorder.
"We are honored to welcome the Organic Acidemia Association as a valued contributor and alliance partner with their generous donation providing the support to expand the fund to include organic acidemias," said Krista Zodet, HealthWell Foundation President. "We are thrilled to be able to offer copayment and premium assistance through the fund to assist this patient population in accessing life-changing, potentially lifesaving, treatments they otherwise would forgo due to cost."
To determine eligibility and apply for financial assistance, visit HealthWell's Homocystinuria and Organic Acidemias Fund page. To learn how you can support this or other HealthWell programs, visit HealthWellFoundation.org.
A nationally recognized, independent non-profit organization founded in 2003, the HealthWell Foundation has served as a safety net across over 85 disease areas for more than 727,000 underinsured patients. Since its inception, HealthWell has provided over $2.7 billion in financial support through more than 1.1 million grants to access life-changing medical treatments patients otherwise would not be able to afford. HealthWell provides financial assistance to adults and children facing medical hardship resulting from gaps in their insurance that cause out-of-pocket medical expenses to escalate rapidly; HealthWell assists with the treatment-related cost-sharing obligations of these patients. HealthWell ranked 27th on the 2021 Forbes list of The 100 Largest U.S. Charities and was recognized for its 100 percent fundraising efficiency. For more information, visit www.HealthWellFoundation.org.
The Organic Acidemia Association (OAA) is a 501c3 non-profit organization whose mission is to empower families and health care professionals with knowledge in organic acidemia metabolic disorders. We support early intervention through expanded newborn screening, solicit contributions and distribute funding that supports research toward improved treatment and eventual cures in the areas of Organic Acid disorders. To learn more about OAA, visit: www.oaanews.org.
CONTACT: Ginny Dunn
240-632-5309
Ginny.Dunn@HealthWellFoundation.org
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SOURCE HealthWell Foundation | https://www.wibw.com/prnewswire/2022/06/22/healthwell-foundation-broadens-homocystinuria-fund-include-organic-acidemias/ | 2022-06-22T14:18:18Z |
STOCKHOLM, June 15, 2022 /PRNewswire/ -- Arelion has today announced the provision of a new PoP (Point of Presence) at the EMC Home of Data in Munich, Germany, further increasing direct access to the Arelion AS1299 backbone network for EMC Home of Data customers. The new PoP will provide high-speed IP Transit, Cloud Connect, and Internet Exchange (IX) Connect services for content providers and enterprises in the Munich metro area.
As Germany's third largest city, and the biggest in the southern region, Munich has become a hub for high-tech industries such as automotive, aerospace, biotech and Internet companies. This combined with its 1.5 million residents, has made Munich a key transit route for Internet connectivity and one where Arelion has had a presence since 1999 – its four cable routes acting as a gateway between Frankfurt, southern Germany, Vienna and on to the Balkans.
Christoph Lannert, Head of EMEA Sales at Arelion, said: "Today's leading businesses are making increased use of cloud services from companies such as Amazon Web Services, Google and Microsoft. High bandwidth, reliability and low latency are critical to their operations. The new PoP at EMC Home of Data will give companies improved access to the IP services they need and a direct route onto our global fiber backbone, bringing the world even closer."
"We are delighted to welcome Arelion as our new global Tier 1 carrier at EMC Home of Data, providing our campus ecosystem with new enhanced connectivity services that come with high-speed IP Transit and the reliability our customers expect from their Home of Data", said Bernhard Huter, CEO of EMC Home of Data.
Arelion solves global connectivity challenges for multinational enterprises whose businesses rely on digital infrastructure. On top of the world's #1 ranked IP backbone and a unique ecosystem of cloud and network service providers, we provide an award-winning customer experience to customers in more than 125 countries worldwide. Our global Internet services connect more than 700 cloud, security and content providers with low latency. For further resilience, our private Cloud Connect service connects directly to Amazon Web Services, Microsoft Azure, Google Cloud, IBM Cloud and Oracle cloud across North America, Europe and Asia. Discover more at Arelion.com, and follow us on LinkedIn and Twitter.
Arelion
Martin Sjögren, Senior Manager PR and Analyst Relations
+46 (0)707 770 522
martin.sjogren@arelion.com
Media Contact UK
Lorena Duke, Ascendant Communications
+44 (0) 20 8334 8041
telia@ascendcomms.net
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SOURCE Arelion | https://www.kxii.com/prnewswire/2022/06/15/arelion-announces-new-munich-pop-with-emc-home-data/ | 2022-06-15T07:02:56Z |
WHOOP Unite™ works with more than 200 customers in business, healthcare, higher education & athletics, and public service to deliver comprehensive insights and coaching across sleep, stress, and recovery
BOSTON, June 2, 2022 /PRNewswire/ -- WHOOP, the human performance company, today announced the launch of WHOOP Unite, a pioneering solution that empowers organizations to elevate the health and resilience of their people. Unlike traditional applications and incentives that put the onus of improving mental and physical wellness squarely on individuals, WHOOP Unite is purpose-built for organizations. The platform equips leaders with tools, insights, and tailored recommendations to make policy and habit changes based on the aggregated data of individual end users.
"WHOOP Unite will transform organizational performance, patient care, and research," said Will Ahmed, Founder and CEO of WHOOP. "We have always aspired to help organizations empower people with coaching and data to achieve their best performance. Our new dedicated enterprise solution realizes that vision and represents a new chapter in our company's growth."
The WHOOP Unite solution combines administrative controls with organizational analytics, reporting, and coaching, supported by a scalable platform and customer success program. Leaders who use WHOOP Unite unlock a deeper understanding of key trends across sleep, stress, and recovery while acting on new insights to better support employees, service members, patients, student athletes, and more. End users receive WHOOP 4.0, a digital health coach that provides personalized, actionable feedback to help people achieve their goals.
At launch, WHOOP Unite is working with more than 200 customers in business, healthcare, higher education & athletics, and public service, including Hitachi Vantara, the U.S. National Forest Service, the National Health Service, and Boston College.
At Hitachi Vantara, a select group of employees are using the technology and taking part in the company's first sleep challenge. This opt-in program, in conjunction with coaching provided by the company and the WHOOP Unite customer success team, will help Hitachi Vantara employees develop sustainable health habits, laying the foundation for further improvements and scale of their health and wellness initiatives.
"Employers have a responsibility to take care of their people, and we take that to heart," said Jens Koerner, VP, Technical Product Management at Hitachi Vantara. "We invested in WHOOP Unite to drive improved health and resilience so our people can show up at their best."
The WHOOP Unite customer success team works in partnership with organizations' leadership to develop health programs that identify goals, drive adoption, and improve outcomes. The solution is backed by a secure platform with a powerful API, allowing customers to integrate with engagement systems they are already using. Individual data is not accessible at the administrator level without consent, and individuals may also choose to opt out of the WHOOP Unite programs at their organization.
WHOOP is proud to partner with researchers at organizations like the U.S. Army, Brigham & Women's Hospital, and Penn State University, who are studying the impact of sleep and stress across diverse populations, industries, and disciplines. This groundbreaking work has explored issues ranging from soldier resiliency and improving mental health to predicting burnout in resident physicians.
A recent study conducted in partnership with the McKinsey Executive Leadership Program in Australia demonstrated the relationship between sleep debt and cognitive function, showing that for every 45 minutes of sleep debt accrued individuals experienced a 5-10% decrease in mental control the next day. Follow-on work highlighted that greater sleep debt is also linked to teams reporting lower levels of psychological safety.
WHOOP is committed to helping organizations support the health and resilience of their people, enabling positive outcomes at all levels with its comprehensive WHOOP Unite solution and scalable platform. Since January of 2021, WHOOP has hired several SaaS industry leaders including Mark McLaughlin, Chief Business Officer, and key leaders in Sales, Marketing, and Customer Success. In August 2021, WHOOP raised $200 million in a Series F funding round at a $3.6 billion valuation and has continued to invest in the growth and support of its B2B business. Enterprise headcount is on pace to double in the 2022 calendar year.
To learn more about WHOOP Unite, visit www.whoopunite.com.
WHOOP, the human performance company, offers 24/7 digital fitness and health coaching to help people achieve their goals. The WHOOP membership provides best-in-class wearable technology, actionable feedback, and recommendations across recovery, sleep, training, and health. WHOOP serves professional athletes, Fortune 500 CEOs, executives, fitness enthusiasts, military personnel, frontline workers, and anyone looking to improve their performance. WHOOP Unite is a comprehensive solution dedicated to supporting organizations across a wide range of industries with coaching, organizational insights, and health programs. Studies show WHOOP can positively change behavior, increase sleep, and improve physiological biomarkers. Founded in 2012, WHOOP is based in Boston and has raised more than $400 million in venture capital. The latest round of financing made WHOOP the world's most valuable standalone wearables company. Visit whoop.com for more information and connect with WHOOP on Instagram, Twitter, Facebook, and YouTube.
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SOURCE WHOOP | https://www.wibw.com/prnewswire/2022/06/02/whoop-launches-whoop-unite-an-industry-leading-health-performance-solution-organizations/ | 2022-06-02T13:28:01Z |
DALLAS (KDAF) — If you are new to North Texas, welcome. The DFW metroplex is home to great people and places.
The first order of business after moving to a new place is making sure that your new place is furnished and Dallas is home to some great furniture stores.
Not new to DFW? Maybe you’re considering upscaling your place, and we don’t blame you. There’s nothing more exciting than upscaling your place. Your home is your sanctuary and it should reflect who you are as a person.
Whoever you are, you’re here because you want a list of the best furniture stores in Dallas (as you read our headline). So here they are, according to StorageCafe:
- Rooms To Go
- Aelegant Furniture
- The Interior dallas
- Bt Furnishings
- Buy 4 Less Furniture
- Scott Cooner
- J. Douglas Design
- Weir’s Furniture
- Again and Again
- Anteks
For the full report, visit StorageCafe. | https://cw33.com/news/local/these-are-the-best-furniture-stores-in-dallas-according-to-storagecafe/ | 2022-06-28T19:30:41Z |
VATICAN CITY (AP) — The moment that the black wall telephone rang early on the morning of Sept. 29, 1978, in Stefania Falasca’s Rome apartment is imprinted in her mind. Then 15, Falasca remembers her father answering and hearing the voice of her uncle, a priest who worked at the Vatican, coming through the receiver: “The pope is dead!”
“But he’s already dead!” Falasca recalled her bewildered father exclaiming.
Like countless others around the globe, her father struggled to comprehend how 65-year-old John Paul I, elected as pontiff barely a month earlier — on Aug. 26, 1978 — could be dead, and confusedly first thought of Pope Paul VI, who had died in early August at age 80.
John Paul I, born Albino Luciani, is widely remembered more for his sudden, mystery-dogged death than for his life. Falasca, an Italian journalist for a Catholic publication, has toiled for more than a decade to change that and to convince the Vatican that he deserves to be a saint for how he lived his faith, as a priest, bishop, cardinal and, so briefly, as pontiff.
On Sunday, Pope Francis will beatify John Paul I, the last formal step before possible sainthood.
Formal efforts aimed at beatification can begin five years after a pontiff dies. For John Paul II, that rule was waived a few weeks after his death in 2005, in response to cries of “sainthood immediately!” rising up from the faithful during his funeral.
But it took 25 years for the beatification process for John Paul I to begin.
John Paul I “was a figure crushed between two pontificates,” Falasca said, speaking down the block from St. Peter’s Square. She was referring to his successor, John Paul II, one of history’s longest-reigning popes, and his predecessor, Paul VI, whose 15-year papacy saw him preside over Vatican Council II with its modernizing reforms. Both have been made saints.
In Luciani’s case, ”no historian was interested in the pope. Like he was passing briefly through time, forgotten,” Falasca said.
But writers seeing a best-selling who-done-it were interested.
The abrupt demise of Luciani, whose body was found in his bedroom of the Apostolic Palace and who was dubbed the “smiling pope” for his cheerful countenance, spawned instant suspicions.
In the first hours after his death, the Vatican offered differing versions, first saying that a male secretary found him, then admitting that the pontiff was found lifeless by the nuns who bring his morning coffee.
“They could have immediately said that it was the nuns and it wouldn’t have sparked any doubts, on the contrary, it would have given more guarantees,” Falasca said. One nun, Sister Vincenza, was well known to Luciani’s family.
The nuns later recounted they were told by the Vatican not to say they found him out of concerns it would seem improper for a woman to enter the pope’s bedroom.
At the same time, a monster financial scandal was growing involving an Italian bank that had links to the Vatican’s own bank. There were murky ties between a U.S. born prelate, now deceased, who was chairman of the Vatican bank and an Italian financier, dubbed “God’s Banker,” whose body in 1982 was found hanging under a London bridge in what was ruled a homicide.
Was Luciani about to crack down on officials linked to the Holy See’s secretive finances? Was he planning to root out corruption in Vatican bureaucracy?
“In God’s Name: An Investigation into the Murder of Pope John Paul I,” a 1984 book by David A. Yallop, sold millions of copies. The Vatican concluded that Luciani was felled by a heart attack, after suffering chest pains he played down just before going to bed his last night. But Yallop, noting that no autopsy was performed, concluded he was poisoned by plotters connected to a secret Masonic lodge with links to the Vatican and its bank.
In 1987, another British journalist, John Cornwell, came to the Vatican to research claims of apparitions of the Virgin Mary in what was then Yugoslavia. Instead, a Vatican bishop asked him to write the “truth” of John Paul I’s death and promised him access to the pope’s doctor, his embalmers and others.
Writing his own best-seller, “A Thief in the Night,” Cornwell concluded that Luciani had “died of neglect.”
“In the very heart of the Vatican, this was neglect that was psychological,” Cornwell said in a phone interview from the English countryside. “They put too much work on him without proper help. They didn’t look properly after his health.”
“In other words, they had no respect for him, they thought he was a derisory pope, they said he was like Peter Sellers,” Cornwell said, referring to the English comic actor who often played bumbling roles.
Cornwell said some people were disappointed he found no evidence of murder, including one bishop. “I came across people inside the Vatican who were convinced” there was a conspiracy to eliminate Luciani.
Falasca says John Paul I “is not being beatified because he was pope.”
“He lived with exemplary method, faith, hope, charity,” she said. “He’s a model for everyone, precisely because he had borne witness to the essential virtues.”
John Paul I also broke molds, referring to himself as “I” in papal speeches, instead of the more impersonal traditional “we.”
“He was like a light breeze sweeping away centuries” of formalities, Falasca said. “His choice of being colloquial was a theological choice.”
She marveled that among his most cherished books was secular literature —by Mark Twain, Willa Cather and G.K. Chesterton, a British author famed for his character of a sleuthing priest.
For a Catholic to be beatified, the pope must approve a miracle attributed to prayerful intercession. In Luciani’s case, that miracle was the medically unexplained recovery in 2011 of an 11-year-old girl hospitalized in Buenos Aires with brain inflammation and septic shock.
Her parents pleaded with a priest from a nearby parish to come. As he rushed to her bedside, the Rev. Juan Jose’ Dabusti wondered to whom he should pray for her to live. Inspiration struck. He prayed to John Paul I.
But why invoke the name of a largely forgotten pontiff? Falasca said Dabusti told her that when he was 15, he heard the newly elected John Paul I speak and decided to become a priest himself, because Luciani was “very simple and very happy.” | https://cw33.com/news/international/ap-international/ap-crushed-by-2-papacies-john-paul-is-death-eclipsed-life/ | 2022-09-01T19:13:38Z |
WAEPA now offering guaranteed coverage with no medical requirements
FALLS CHURCH, Va., April 11, 2022 /PRNewswire/ -- WAEPA (Worldwide Assurance for Employees of Public Agencies) is now offering $100k in Guaranteed Life Insurance coverage for a limited time.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9031651-waepa-guaranteed-life-insurance-100k/
Civilian Federal Employees under the age of 50 who are not currently WAEPA members are eligible to apply for $100k in Guaranteed Life Insurance coverage with no medical exam required. Approval is guaranteed, and coverage is fully portable for those that leave federal service.
"At WAEPA, we want to provide Civilian Feds with the peace of mind that their family's financial future is secure," said M. Shane Canfield, CEO of WAEPA. "Civilian Feds serve our country every day, and our goal is to serve them. This guaranteed offer provides the opportunity to realize that goal."
This limited time offer expires on May 25, 2022. Existing WAEPA members, spouses, and dependents are ineligible, and you must be a United States citizen to apply. To learn more about WAEPA's $100k Guaranteed Issue Group Term Life Insurance and to apply, please visit: https://www.waepa.org/100k
About WAEPA
Worldwide Assurance for Employees of Public Agencies (WAEPA), is a nonprofit association (not an insurance company) formed For Feds, By Feds. The goal of WAEPA is to provide access to products and services that promote the health, welfare, and financial well-being of its members. After more than 75 years in business, WAEPA has over 46,000 members. For more information, visit waepa.org, or give us a call at (888) 353-1308.
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SOURCE WAEPA | https://www.mysuncoast.com/prnewswire/2022/04/11/100k-guaranteed-life-insurance-now-available-through-waepa/ | 2022-04-11T11:53:25Z |
Blue Chip Investors & Strategics, Founders, and CEO Bet on World-Class Proprietary Technology and Capital Efficient Growth to Drive Further Consolidation of the Ghost Kitchen Industry
PASADENA, Calif., July 25, 2022 /PRNewswire/ -- Kitchen United, ghost kitchen and restaurant hub technology pioneer, announced a $100M Series C fundraise, which includes some of the world's preeminent financial and strategic investors. Kitchen United welcomes new investors: Alimentation Couche-Tard / Circle K (TSX: ATD), The Kroger Co. (NYSE: KR), Restaurant Brands International (NYSE: QSR), B. Riley Venture Capital, a subsidiary of B. Riley Financial (NASDAQ: RILY), Simon (NYSE: SPG), Phillips Edison & Co (NASDAQ: PECO), and The HAVI Group. Additionally, strong participation continued from all existing institutional and strategic investors: GV, various funds managed by Fidelity Investments Canada ULC, RXR, DivcoWest, Cali Group, GoldenArc Capital, General Global Capital, and Rich Product Corporation. Lastly, Kitchen United founders, Harry Tsao and John Miller, Kitchen United CEO, Michael Montagano, and two-time NFL Super Bowl MVP Peyton Manning, made significant investments in the round. On completion of this round, the company's total raise to date reaches approximately $175M.
"This Series C financing further solidifies Kitchen United's leadership position in the industry," said Michael Montagano, Kitchen United's Chief Executive Officer and Board Member. "Kitchen United uniquely sits at the intersection of technology, food, and real estate. Our solution serves as the technological and physical infrastructure revolutionizing centrally located distribution hubs through streamlining off-premises ordering and consumption. To that end, we are thrilled to partner with leading investors across grocery, convenience, restaurants, malls, packaging, logistics, distribution, automation, and urban and suburban real estate development," says Montagano.
"We see many commercial opportunities in partnering with Kitchen United as it prepares for considerable scale. We believe this business stands apart from other industry players with its centralized locations, multi-format offerings, experienced management team, and mature technology stack — all of which align with Circle K's mission to make our customers' lives a little easier every day as we work together to shape the future of convenience," said Kevin Lewis, Chief Marketing Officer, Alimentation Couche-Tard.
"The rising trend of off-premises dining presents a major growth opportunity for the ghost kitchen sector, and Kitchen United is uniquely positioned for significant expansion in the years ahead," says David Krane, CEO and Managing Partner, GV. "We've long been impressed with Kitchen United's exceptional execution and unparalleled leadership in the sector. We're excited to continue partnering with Michael Montagano and the entire Kitchen United team as they open more kitchen centers across the country and reach more restaurants and consumers."
In the past two years, Kitchen United has unveiled multiple industry-leading initiatives, including collaborations in grocery with Kroger and at Simon properties nationwide.
Kitchen United currently has approximately 200 operational kitchens across 20 regions, powered by its industry-leading proprietary technology, with plans to significantly increase its technological and physical footprint in the near term. The company has seen triple-digit top-line growth for three consecutive years, all supported by industry-leading metrics. Kitchen United's proprietary technology enables customers to order from multiple prepared food and consumer goods brands on the same ticket and with the same delivery driver, all synchronized to maximize quality and payload, and minimize time and expense.
Kitchen United will continue its focus on Los Angeles, New York City, Chicago, and Texas as key markets with continued expansion throughout other US trade areas. Additionally, Kitchen United will be further evolving its industry-leading multi-concept ordering technology platform Kitchen United OS, for use by customers including Burger King, Popeyes, Chick-Fil-A., Portillo's, Panera Bread, Dog Haus, Wingstop, and Brinker International.
Founded in 2017, Kitchen United is a leading provider of restaurant hub technology, streamlined logistics and turn-key commercial kitchen space that empowers foodservice operators to tap into the growing off-premises business opportunity and offers consumers a first-of-its-kind to-go experience. The company offers a value-driven, low-risk way for emerging and established restaurant brands to enter into new markets, grow revenue through off-premises dining and expand delivery areas. For additional information, please visit: http://www.kitchenunited.com.
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SOURCE Kitchen United | https://www.kxii.com/prnewswire/2022/07/25/kitchen-united-ghost-kitchen-restaurant-hub-technology-pioneer-announces-100m-series-c-fundraise/ | 2022-07-25T14:34:36Z |
Borda Technology Uses New Solution to Track Equipment in Hospitals for More Efficient Patient Care
AUSTIN, Texas, June 21, 2022 /PRNewswire/ -- Silicon Labs, a leader in secure, intelligent wireless technology for a more connected world, today announced its new, Bluetooth Location Services solution using accurate, low-power Bluetooth devices to simplify Angle of Arrival (AoA) and Angle of Departure (AoD) location services. Combining hardware and software, this new platform delivers industry-leading energy efficiency by using Silicon Labs' BG22 SiP modules and SoCs, which can operate for up to ten years on only a coin cell battery, with advanced software that can track assets, improve indoor navigation, and better locate tags with sub-meter accuracy. Borda Technology is one of the first companies to adopt this new platform. Borda provides "IoT for Healthcare" products such as Asset Management, Asset Utilization, Patient Throughput Management and Patient Flow, Patient Safety, and more through real-time location services (RTLS).
"As the largest, pure-play IoT company in the world, we focus on providing complete wireless IoT solutions for the edge, including silicon, software, tools, and support," said Daniel Cooley, CTO of Silicon Labs. "Today's new Bluetooth location services offering further proves our belief that we can deliver differentiated solutions to our customers by thinking of IoT as a complete platform, rather than a singular piece of hardware."
In many industries, locating inventory and physical assets can often be a time-consuming process. It can also lead to waste, as assets are lost behind shelves or in unexpected locations. This is a problem across many industries, such as an assembly line for an automotive manufacturer with an average of 30,000 parts per vehicle, or a pharmaceutical company where quantities of drug ingredients need to be monitored to the smallest measure.
While there are several existing location-based technologies, they are plagued by limitations that affect their usefulness at scale. GPS is ineffective indoors, Wi-Fi has varying degrees of accuracy, and the very-accurate ultra-wideband (UWB) can be more expensive than other solutions and has high energy requirements.
Bluetooth is a mature technology that can overcome many of these barriers with new software.
When Bluetooth 5.1 was released in early 2019, some of the new key features were improved location services. Building off of that, Silicon Labs has developed new advanced software, designed to maximize the location-finding capabilities of our BG22 series of SoCs and SiP modules. The new features are comprised of the following:
- Asynchronous continued tone extension (CTE) broadcasts from the device to the locator. Asynchronous broadcast eliminates the need for synchronized transmission timings between the device and locator, thereby enabling the locators to track a large number of assets simultaneously and multiple locators to simultaneous to see the same asset at the same time for triangulation.
- Broad spectrum CTE broadcast across all 37 channels to reduce interference by moving the CTE transmissions from advertisement to data channels.
These new features enhance Silicon Labs' Bluetooth software portfolio, one of the most comprehensive set of solutions available for accelerating development of direction-finding applications. With additional development tools specifically designed to accelerate development of direction-finding applications. Silicon Labs' portfolio positions developers and designers to build a wide range of IoT location service applications that can meet the unique needs of every environment and deployment.
This new software runs on the BG22 family of Bluetooth low energy (LE) SoCs and SiPs, the smallest in Silicon Labs' portfolio. This product family combines best-in-class, ultra-low transmit and receive power (4.1 mA TX at 0 dBm, 3.6 mA RX) with a high-performance, low-power ARM® Cortex®-M33 core (27 µA/MHz active, 1.2 µA sleep). Altogether, these deliver industry-leading energy efficiency that can extend coin-cell battery life up to ten years.
Hospitals are constantly buzzing with activity, from specialized equipment moving from room to room, to patients moving throughout the facility, to drugs being administered, even down to cleaning and sterilization services. These tasks use countless pieces of individual hospital assets that must be carefully tracked in order to ensure they can be located when they're required, arrive on time, and are accounted for. This can be time-consuming when time is precious. One study recently found that in a single shift, nurses spend over an hour on average trying to track down the equipment they need to do their jobs.
Borda Technology seeks to change that by using RTLS asset tracking capabilities, which can reduce the time it takes to search for equipment, so employees can focus on patient care. Using the new Silicon Labs AoA and AoD software, running on BG22 Bluetooth SoCs, Borda introduced new tamper-proof asset tracking tags that not only can help to locate an item, but also provide staff with operational insights when making informed healthcare and business decisions. For example, the Borda solution prevents uncalibrated equipment from being used by setting alarms that can alert staff to equipment that needs attention, thereby preventing dangerous, and at times life-threatening, accidents.
Silicon Labs' holistic, platform-centric approach to Bluetooth location services and the simplicity of the BG22 has helped Borda dramatically decrease how long it takes to install its solution. What once took months, can now be up and running in just weeks
Read more about Borda Technology's use of Silicon Labs location services in an in-depth case study on SiLabs.com.
Silicon Labs's new Bluetooth Location Services solution is comprised of several parts, available to order today from Silicon Labs and distributors. The complete solution includes:
- Bluetooth software stack with Direction Finding support
- EFR32BG24 SoCs
- EFR32BG22 SoCs and SiP module
- AoA/AoD antenna array board and reference design
The solution is now available through Silicon Labs and our ecosystem partners.
Silicon Labs (NASDAQ: SLAB) is a leader in secure, intelligent wireless technology for a more connected world. Our integrated hardware and software platform, intuitive development tools, unmatched ecosystem, and robust support make us an ideal long-term partner in building advanced industrial, commercial, home, and life applications. We make it easy for developers to solve complex wireless challenges throughout the product lifecycle and get to market quickly with innovative solutions that transform industries, grow economies, and improve lives. Silabs.com
Note to editors: Silicon Labs, Silicon Laboratories, the "S" symbol, the Silicon Laboratories logo, and the Silicon Labs logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders.
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SOURCE Silicon Labs | https://www.wibw.com/prnewswire/2022/06/21/silicon-labs-announces-new-bluetooth-location-services-with-advanced-hardware-software/ | 2022-06-21T04:22:52Z |
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- The Together Outdoors (TO) Coalition, an initiative committed to advancing equity and inclusion in all aspects of the outdoor recreation experience, is excited to announce a new grant program designed to support organizations on the front lines of the effort to build a more accessible, welcoming outdoor ecosystem. This program, in addition to TO's overall efforts is made possible thanks to foundational and multi-year support from THOR Industries, with support from Winnebago Industries for this grant opportunity.
"Funding from the initial pilot round of our grant program will go directly to frontline, grassroots leaders and organizations working to make the outdoors more accessible and welcoming," said Gerry Seavo James, TO Coalition Lead. "This grant program epitomizes exactly what Together Outdoors was founded on doing – to help with incubating an environment where all people have access to welcoming outdoor recreation experiences, and we look forward to expanding this effort in the future."
Grant Focus Areas:
- Research + Resources – Monetary support for the development of effective research and resource tools concerning inclusion in the outdoors (i.e., toolkits, educational resources, audio and video resources, linguistic translations, etc.).
- Activating Change Outdoors – Outdoor recreation-related programming, events, and leadership development initiatives that benefit communities of color and intersecting minority groups.
"At THOR, our purpose is to inspire and empower everyone to Go Everywhere. Stay Anywhere. Our family of companies offer a comprehensive range of RVs and travel tools to help connect people with nature and with one another," shared Bob Martin, THOR president, and CEO. "In support of Together Outdoors' mission to alleviate barriers to inclusion in the outdoors, THOR is honored to empower front-line organizations driven to cultivate the necessary change that will allow everyone to Go Everywhere and Stay Anywhere."
This is TO's inaugural grant program. The initial pilot round will offer $25,000 in funding focused on organizations with revenue under $100,000 that are led by or serve a majority constituency of, communities of color and/or intersecting minority groups. Applications will be reviewed by Together Outdoors' Advisory and Governance Council members and are due by September 5th, 2022 at 11:59 P.M EST. Awards will be disbursed by September 30th, 2022.
In the first year of the program, projects must take place in one of the following 27 states or territories to be eligible for the grant: Alabama, Arkansas, Arizona, Delaware, District of Columbia, Florida, Georgia, Indiana, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Puerto Rico, Tennessee, Texas, U.S. Virgin Islands, West Virginia, &Virginia. Future rounds of this grant program will be open to applicants nationwide.
"At Winnebago Industries we help our customers explore the outdoor lifestyle, enabling extraordinary mobile experiences as they travel, live, work and play. We are excited to extend our support to grassroots organizations committed to removing barriers and creating inclusive outdoor spaces," said Jil Littlejohn Bostick, Head of Diversity, Equity, and Inclusion, Winnebago Industries.
Written or video submissions will be accepted. Information about the timeline, eligibility, and where to submit applications can be found here. If you have any questions or problems, please contact us at togetheroutdoors@recreationroundtable.org.
Together Outdoors is an initiative administered under the auspices of Outdoor Recreation Roundtable (ORR) that nurtures an environment where all people have access to welcoming outdoor recreation experiences. We pursue this work through engagement, partnership, and education across all segments of the outdoor community.
Outdoor Recreation Roundtable is the nation's leading coalition of outdoor recreation trade associations representing the $689 billion outdoor recreation economy. ORR focuses on the growth of outdoor recreation by building a better environment for the sustainable growth of outdoor recreation businesses and driving a broader understanding of the value of the outdoor recreation economy. Our membership includes national outdoor trade association members, business entities, nonprofit organizations, and universities — serving more than 110,000 businesses and representing America's boating, fishing, RVing, biking, hiking, camping, hunting, ATVing, diving, horseback, and skiing communities among many more.
THOR INDUSTRIES is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles.
Winnebago Industries, Inc. is a leading North American manufacturer of outdoor lifestyle products under the Winnebago, Grand Design, Chris-Craft, Newmar, and Barletta brands, which are used primarily in leisure travel and outdoor recreation activities. The Company builds quality motorhomes, travel trailers, fifth-wheel products, pontoons, inboard/outboard, and sterndrive powerboats, and commercial community outreach vehicles. Winnebago Industries has multiple facilities in Iowa, Indiana, Minnesota, and Florida. The Company's common stock is listed on the New York Stock Exchange and traded under the symbol WGO.
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SOURCE Together Outdoors; Outdoor Recreation Roundtable | https://www.wibw.com/prnewswire/2022/08/11/together-outdoors-support-front-line-dei-orgs-through-new-grant-program/ | 2022-08-11T12:25:10Z |
IRS offers free electronic filing service ahead of Tax Day
(Gray News) - You might not need to pay for tax preparation services this year as the IRS is reminding taxpayers of its free file option.
The IRS released tips on Thursday for select taxpayers to save money on tax preparation and assistance.
Taxpayers that earn up to $73,000 a year can get free access to electronic filing services.
The IRS said its free file option offers low to moderate-income individuals and families, especially those who don’t normally file a tax return, to prepare their own federal tax return, file electronically and get a refund by direct deposit – all for free.
According to the IRS, individuals who didn’t earn enough money to require them to file may mistakenly assume that since they owe no tax they’re not entitled to a refund. However, credits such as the earned income tax credit, the child tax credit and the 2021 recovery rebate credit can result in a refund, even if that person owes no income tax.
The agency said it also offers online guided tax preparation to qualifying taxpayers with assistance in filling out electronic federal tax forms.
This year’s federal tax filing deadline for individuals is April 18.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/15/irs-offers-free-electronic-filing-service-ahead-tax-day/ | 2022-04-15T19:41:05Z |
Schwarber HR as Phils bounce back from no-hitter, beat Mets
By JERRY BEACH
Associated Press
NEW YORK (AP) — Kyle Schwarber hit a go-ahead, two-run homer in the seventh inning as the Philadelphia Phillies bounced back from being no-hit by beating the New York Mets 4-1. Held hitless by five Mets pitchers in a 3-0 loss Friday night, the Phillies broke through when Nick Castellanos led off the second with a single. Mets starter Taijuan Walker and reliever Trevor May blanked the Phillies through six innings before J.T. Realmuto drew a one-out walk in the seventh from Adam Ottavino. Schwarber, who entered Saturday hitting .164, followed by homering to right-center field for a 2-1 lead. | https://localnews8.com/sports/ap-national-sports/2022/04/30/schwarber-hr-as-phils-bounce-back-from-no-hitter-beat-mets/ | 2022-05-01T04:52:35Z |
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- NASA and Boeing will host a media teleconference at 1 p.m. EDT Thursday, Aug. 25, to provide an update on the agency's Boeing Crew Flight Test (CFT) to the International Space Station – the first flight with astronauts on the company's CST-100 Starliner spacecraft.
Leadership on the call also will discuss data reviews from Boeing's uncrewed Orbital Flight Test-2 to the space station, which successfully completed in May 2022.
The briefing participants are:
- Kathryn Lueders, associate administrator, NASA's Space Operations Mission Directorate, NASA Headquarters
- Steve Stich, manager, NASA's Commercial Crew Program, NASA's Kennedy Space Center
- Mark Nappi, vice president and program manager, CST-100 Starliner, Boeing
To participate in the call, media must RSVP to: ksc-newsroom@mail.nasa.gov no later than one hour prior to the start of the event. Audio of the teleconference will livestream on NASA's website.
CFT will demonstrate the ability of Starliner and the United Launch Alliance's Atlas V rocket to safely carry astronauts to and from the International Space Station. NASA will fly two astronaut test pilots, Barry "Butch" Wilmore and Suni Williams, on the flight test to the space station, where they will live and work off the Earth for about two weeks.
Following a successful test flight with astronauts, NASA will begin the final process of certifying the Starliner spacecraft and systems for regular crew rotation flights to the space station.
Find out more about NASA's Commercial Crew Program at:
https://www.nasa.gov/commercialcrew
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SOURCE NASA | https://www.mysuncoast.com/prnewswire/2022/08/11/nasa-boeing-hold-media-update-starliner-progress/ | 2022-08-11T20:19:08Z |
CALGARY, AB, Aug. 17, 2022 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today announced it has completed a joint venture merger transaction with Phillips 66 (P66) resulting in a single joint venture holding both Enbridge's and P66's indirect ownership interests in Gray Oak Pipeline, LLC (Gray Oak) and DCP Midstream LP (DCP) and an agreement to realign their respective economic and governance interests in the underlying business operations.
Through the surviving joint venture as illustrated below, Enbridge will increase its indirect economic interest in Gray Oak to 58.5% from 22.8%, and the parties have agreed to transfer to Enbridge, from P66, the operatorship of Gray Oak, the long-haul, contracted pipeline which provides critical, low-cost connectivity from the Permian into Corpus Christi and the Houston area. The transfer of operatorship of Gray Oak is planned to occur in the second quarter of 2023. In turn, Enbridge will reduce its indirect economic interest in DCP to 13.2% from 28.3%, further reducing its commodity price exposure and strengthening the Company's low risk pipeline-utility model.
The merger is expected to be immediately accretive to Enbridge's distributable cash flow per share and result in an approximately US$400 million cash payment to the Company from the merged entity. The cash generated from the transaction will create additional financial flexibility and further the Company's capital allocation priorities.
"We're pleased to have reached this new arrangement with P66 to optimize the combined assets and drive operational and financial synergies from both assets," said Al Monaco, President and Chief Executive Officer of Enbridge. "It's another example of our continued focus on optimizing our portfolio and surfacing value for our shareholders, while further building out our already strong U.S. Gulf Coast export position. We look forward to continuing our strong partnership with P66."
Gray Oak Pipeline, in combination with Enbridge's Ingleside Energy Center (EIEC), provides an industry-leading solution to deliver low-cost, long-lived Permian Basin oil to local Gulf Coast and global export markets. The EIEC currently loads nearly 30% of North American oil exports. Through 2030, the Company anticipates that Permian oil supply will grow by an estimated two million barrels per day, enhancing Gray Oak's utilization and driving increased oil exports off the Gulf Coast. Further integration of Gray Oak and the EIEC is expected to support the development of new commercial solutions and future growth potential, unlocking additional value for Enbridge's customers.
Enbridge intends to extend its solar self-power strategy by working with the other Gray Oak owners to develop solar facilities along the Gray Oak right-of-way in support of the Company's net-zero emissions targets, and those of its customers'.
Citi acted as financial advisor to Enbridge and Vinson & Elkins acted as its legal counsel.
Forward-Looking Information
Forward-looking information, or forward-looking statements, have been included in this news release to provide information about Enbridge and its subsidiaries and affiliates, including management's assessment of Enbridge and its subsidiaries' and affiliates' future plans and operations. This information may not be appropriate for other purposes. Forward looking statements are typically identified by words such as ''anticipate'', ''expect'', ''project'', 'estimate'', ''forecast'', ''plan'', ''intend'', ''target'', ''believe'', "likely" and similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information or statements included or incorporated by reference in this document include, but are not limited to, statements with respect to the joint venture merger transaction with Phillips 66 (the "Transaction") and related matters, including expected accretion, operational and financial synergies, and other benefits of the Transaction; expected Permian oil supply; expected Gulf Coast oil exports; expected utilization of Gray Oak; integration of Gray Oak and Enbridge Ingleside Energy Center; future growth opportunities; solar self-power strategy; and net zero emissions targets.
Although Enbridge believes these forward-looking statements are reasonable based on the information available on the date such statements are made and processes used to prepare the information, such statements are not guarantees of future performance and readers are cautioned against placing undue reliance on forward-looking statements. By their nature, these statements involve a variety of assumptions, known and unknown risks and uncertainties and other factors, which may cause actual results, levels of activity and achievements to differ materially from those expressed or implied by such statements. Material assumptions include assumptions about the following: energy transition, including the drivers and pace thereof; the COVID-19 pandemic and the duration and impact thereof; global economic growth and trade; the expected supply of and demand for crude oil, natural gas, natural gas liquids ("NGL"), liquified natural gas ("LNG") and renewable energy; prices of crude oil, natural gas, NGL, LNG and renewable energy; anticipated utilization of our assets; anticipated cost savings; exchange rates; inflation; interest rates; availability and price of labour and construction materials; the stability of our supply chain; operational reliability and performance; customer, regulatory and stakeholder support and approvals; anticipated construction and in-service dates; weather; announced and potential acquisition, disposition and other corporate transactions and projects and the timing and impact thereof, including the Transaction; expectations about our partners' ability to complete and finance proposed transactions and projects, including the Transaction; governmental legislation; litigation; credit ratings; hedging program; expected EBITDA and expected adjusted EBITDA; expected earnings/(loss) and adjusted earnings/(loss); expected earnings/(loss) or adjusted earnings/(loss) per share; expected future cash flows and expected future distributable cash flow ("DCF") and DCF per share; estimated future dividends; financial strength and flexibility; debt and equity market conditions; and general economic and competitive conditions. Assumptions regarding the expected supply of and demand for crude oil, natural gas, NGL, LNG and renewable energy and the prices of these commodities are material to and underlie all forward-looking statements, as they may impact current and future levels of demand for the Company's services. Similarly, exchange rates, inflation, interest rates and the COVID-19 pandemic impact the economies and business environments in which the Company operates and may impact levels of demand for the Company's services and cost of inputs and are, therefore, inherent in all forward-looking statements. Due to the interdependencies and correlation of these macroeconomic factors, the impact of any one assumption on a forward-looking statement cannot be determined with certainty, particularly with respect to expected DCF and DCF per share amounts.
Enbridge's forward-looking statements are subject to risks and uncertainties pertaining to the realization of anticipated benefits and synergies of projects and transactions, including the Transaction, successful execution of our strategic priorities, operating performance, the Company's dividend policy, regulatory parameters, changes in regulations applicable to the Company's business, litigation, acquisitions and dispositions and other transactions, project approval and support, renewals of rights-of-way, weather, economic and competitive conditions, public opinion, changes in tax laws and tax rates, changes in trade agreements, political decisions, exchange rates, interest rates, commodity prices, supply of and demand for commodities and the COVID-19 pandemic, including but not limited to those risks and uncertainties discussed in this and in the Company's other filings with Canadian and U.S. securities regulators. The impact of any one risk, uncertainty or factor on a particular forward-looking statement is not determinable with certainty, as these are interdependent, and Enbridge's future course of action depends on management's assessment of all information available at the relevant time. Except to the extent required by applicable law, Enbridge assumes no obligation to publicly update or revise any forward-looking statements made in this news release or otherwise, whether as a result of new information, future events or otherwise. All forward-looking statements, whether written or oral, attributable to Enbridge or persons acting on the Company's behalf, are expressly qualified in their entirety by these cautionary statements.
About Enbridge
At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil or renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on two decades of experience in renewable energy to advance new technologies including wind and solar power, hydrogen, renewable natural gas and carbon capture and storage. We're committed to reducing the carbon footprint of the energy we deliver, and to achieving net zero greenhouse gas emissions by 2050.
Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at Enbridge.com.
For Further Information Please Contact:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc. | https://www.kxii.com/prnewswire/2022/08/17/enbridge-advances-its-us-gulf-coast-oil-strategy-through-increased-ownership-gray-oak-pipeline/ | 2022-08-17T22:04:29Z |
North Korea appears to be expanding work at its nuclear test site to include a second tunnel, a US-based think tank said on Thursday, as South Korean and US officials say North Korea might conduct a nuclear test any day.
Preparation work at the Punggye-ri Nuclear Test Facility's Tunnel No. 3 was apparently complete and ready for a possible nuclear test, the Center for Strategic and International Studies said in a report, citing commercial satellite imagery.
North Korea conducted six underground nuclear tests at the site from 2006 to 2017.
The research group said that for the first time, analysts had spotted new construction activity at the facility's Tunnel No. 4, "strongly suggesting an effort to re-enable it for potential future testing".
Outside Tunnel No. 3, images showed a retaining wall and some minor landscaping with small trees or bushes, likely in anticipation of a visit by senior officials, it said.
The two tunnels were never previously used for nuclear tests and their entrances were demolished in 2018, when North Korea declared a self-imposed moratorium on testing nuclear weapons and its intercontinental ballistic missiles (ICBMs).
Leader Kim Jong Un has said he is no longer bound by that moratorium because of a lack of reciprocal steps by the United States during denuclearization talks, and North Korea resumed testing ICBMs this year.
South Korean officials said this week that North Korea was poised to conduct a nuclear test "at any time" and that the timing would be decided by Kim.
South Korea's defense ministry spokesman, when asked about the report, said it was closely monitoring developments on North Korea's nuclear activity together with US intelligence authorities but declined to comment further.
South Korean Foreign Minister Park Jin said on Monday after talks with US Secretary of State Antony Blinken in Washington that any provocation by North Korea, including a nuclear test, would be met with a united, firm response.
He urged China, for years North Korea's only major ally, to use its influence.
Park also vowed to work to normalize an intelligence sharing pact with Japan "as soon as possible" to boost their responses to North Korea's nuclear and missile threats.
The accord, the General Security of Military Information Agreement (GSOMIA), had been a backbone of trilateral security information sharing by South Korea, the US and Japan.
But South Korea had considered scrapping the pact with Japan in late 2019, during a period of strained ties, before a last-minute decision to renew it in the face of US pressure.
South Korean officials have said that since then, intelligence sharing with Japan had not been as smooth as it was before.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/north-korea-expands-work-at-nuclear-test-site-to-second-tunnel-report-says/article_1ac39d4f-da14-5122-b142-7ecb31be159d.html | 2022-06-16T06:39:14Z |
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