text stringlengths 102 99.6k | url stringlengths 31 426 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 00:29:49 2022-09-19 04:34:15 |
|---|---|---|
Elementary school accidentally sells roses with thongs for Mother’s Day, reports say
(Gray News) – A school in Pennsylvania has issued an apology to parents after accidentally selling fake roses with thong underwear for Mother’s Day, according to WTRF.
At least one mom who was given the rose from her child posted a video about the gift on Facebook, saying, “Here’s the flower St. Anselm Catholic School gave out to grade schoolers for Mother’s Day.”
As the rose is opened in the video, the center reveals a red thong folded inside.
You can hear laughter as the woman recording the unveiling said, “Thank you, St. Anselms!”
Several news outlets report the school sent an email to parents explaining the mishap.
“It has come to our attention that the roses sold at our Mother’s Day plant sale were not the single faux flower originally intended,” the apparent email read. “Instead, the item was a Valentine’s gift intended for adults.”
The school told several media outlets it is investigating what happened and will take steps to ensure a similar situation doesn’t happen in the future.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/13/elementary-school-accidentally-sells-roses-with-thongs-mothers-day-reports-say/ | 2022-05-13T18:36:48Z |
RADNOR, Pa., April 9, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Affirm Holdings, Inc. ("Affirm") (NASDAQ: AFRM). The action charges Affirm with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Affirm's materially misleading statements to the public, Affirm's investors have suffered significant losses.
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
CANNOT VIEW THIS VIDEO? PLEASE CLICK HERE
CLICK HERE TO SUBMIT YOUR AFFIRM LOSSES. YOU CAN ALSO CLICK ON THE
FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER:
https://www.ktmc.com/afrm-class-action-
lawsuit?utm_source=PR&utm_medium=link&utm_campaign=afrm
LEAD PLAINTIFF DEADLINE: APRIL 29, 2022
CLASS PERIOD: FEBRUARY 12, 2021 THROUGH FEBRUARY 10, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at info@ktmc.com
AFFIRM'S ALLEGED MISCONDUCT
Affirm describes itself as a "next generation platform for digital and mobile-first commerce." Through its platform, Affirm offers "buy now, pay later" or "BNPL" services to consumers. Affirm represents itself "a more flexible and transparent alternative to credit cards."
On February 12, 2021, Affirm issued a post-market press release announcing Affirm's fiscal year 2021 second quarter results. The press release quoted Max Levchin, Affirm's Chairman of the Board of Directors and Chief Executive Officer, who stated, in relevant part, that: Affirm's "mission has been to build honest financial products that improve lives"; "[w]e've aligned our success with the success of both sides of the commerce ecosystem, winning when our consumers . . . win"; and "we remain committed to empowering consumers to take control of their finances[.]"
Then, on December 16, 2021, the Consumer Financial Protection Bureau (CFPB) announced that it had launched an inquiry into Affirm's BNPL payment service, along with four other companies offering BNPL. The CFPB indicated that it was concerned about how BNPL leads to accumulating debt, regulatory arbitrage, and data harvesting, and is seeking data on the risks and benefits of the products. In a statement addressing BNPL services, the CFPB Director stated, "[t]he consumer gets the product immediately but gets the debt immediately too." Following this news, Affirm's stock price fell $11.74 per share, or 10.58%, to close at $99.24 per share on December 16, 2021.
Then, at approximately 1:15 p.m. on February 10, 2022, Affirm issued a tweet from its official Twitter account, wherein Affirm disclosed certain metrics from its second quarter 2022 financial results. The Tweet, which was published prior to Affirm's planned release of its financial results, portrayed a highly successful quarter, which included an increase in revenue of 77%. This caused Affirm's share price to spike nearly 10% in intra-day trading. Affirm later deleted the Tweet and released its full second quarter financial results ahead of schedule, which were lackluster, posting a loss of $0.57 per share, compared with analyst expectations of $0.37 per share. Following this news, Affirm's share price plummeted from an intra-day high of $83.57 per share on February 10, 2022, to close at $58.68 per share, or approximately 32%.
WHAT CAN I DO?
Affirm investors may, no later than April 29, 2022 seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages Affirm investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
View original content to download multimedia:
SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.wibw.com/prnewswire/2022/04/09/kessler-topaz-meltzer-amp-check-llp-announces-securities-fraud-class-action-lawsuit-filed-against-affirm-holdings-inc-afrm-encourages-investors-with-significant-losses-contact-firm/ | 2022-04-10T00:07:31Z |
ANDOVER, Mass., Aug. 25, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") is pleased to announce that the Company has entered into an agreement with Bersa SA to distribute Byrna's entire range of less-lethal personal self-defense products throughout South America.
Bersa SA, founded in Buenos Aires in 1958, is one of the largest privately owned corporations in Argentina and one of only two remaining firearms manufacturers in all of South America. As such, Bersa firearms are carried by the Argentine Armed Forces, the Argentine Federal Police and premier law enforcement agencies throughout Argentina and South America. Bersa currently sells its firearms, including its very popular "Bersa Thunder 380" and "Bersa Thunder 9" pistols, through a network of many hundreds of dealers throughout the region.
By partnering with such a well-respected and well-established firearms company as Bersa, Byrna gains immediate credibility in the South American market and instant access to dozens of police agencies and hundreds of dealers. In fact, through its partnership with Bersa, Byrna has been able to put on demonstrations for the Argentine Armed Forces as well as the Argentine Federal and Provincial Police.
This partnership came about when Bersa reached out to Byrna in an attempt to find an effective non-lethal option to add to their product line. While there is growing interest in non-lethal personal security devices globally, the need for this type of product is particularly acute in South America where it is difficult for most civilians to obtain and/or legally carry a firearm.
In Argentina, the waiting period to purchase a firearm can be more than six months. Conversely, there are no restrictions when it comes to either purchasing or carrying a Byrna. For this reason, Bersa believes that a safe, effective and reliable non-lethal alternative to a firearm, can fulfil a large demand that is currently going unmet.
Even for those people that already own a firearm, the Byrna is an attractive option. In Argentina, 8.8% of the population (or almost 5.0 million people) own a firearm, however, there are only 200 conceal carry permits in the entire country. The Byrna offers these roughly 5.0 million firearms owners an effective self-defense option that they can legally carry when they leave home. Accordingly, Bersa intends to offer the Byrna range of self-defense products, including launchers, sprays and protective body armour, to all their existing civilian and law enforcement customers.
Manuel Pizarro, CEO of Bersa stated that "Bersa is extremely excited to partner with Byrna Technologies, the leader in less-lethal personal self-defense. By carrying the Byrna range of self-defense products, our retail partners will be able to offer their customers safe and effective non-lethal products that can be purchased without a license or waiting period. At the same time, we see tremendous demand from our law enforcement customers for a truly effective less-lethal option."
Bryan Ganz, CEO of Byrna stated "we could not be more pleased with our partnership with Bersa. We have trying for some time to figure out how to penetrate the South American market. Given the restrictions on gun ownership, we believe that the opportunity in South America is enormous. That said, we have not been able to find the right partner – until now. The "Byrna" is a premium product that needs to be sold through a company that understands how to sell premium products and has the necessary distribution network to do so."
"One need only look at the impressive array of world class products produced by Bersa and the more than 64 years of continuous operations to know that Besa is just such a company. We look forward to working with Bersa to penetrate the very important South American market, a market that is both larger than the U.S. market and in greater need of a safe and effective non-lethal alternative for consumers that cannot obtain or legally carry a firearm."
About Byrna Technologies Inc.
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store.
About Bersa SA
Founded in the mid-1950s, Bersa SA is based in Argentina and manufactures handguns that are used all over the world. Accurate, reliable, and highly affordable, Bersa pistols offer a slew of safety features and are well-suited for home defense, concealed carry, competition, and target shooting. With nearly a dozen different pistols currently in production, the company offers something for every type of shooter, from the first-time buyer to the experienced marksman.
Forward Looking Information
This news release contains "forward-looking statements" within the meaning of U.S. securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Such statements include Bersa's anticipated sales of Byrna's less-lethal personal self-defense products throughout South America, future access to Argentine armed forces and police markets and appraisals of demand for Byrna's product in South America. Often, but not always, forward-looking statements can be identified by the use of words such as "estimates," "plans," "expects," "projects," "intends," "anticipates" and "believes" and statements that certain actions, events or results "may," "could," "would," "should," "might," "occur" or "be achieved" or "will be taken." Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward looking statements are based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.
Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release including future changes to export regulations in the U.S. or South Africa or import regulations in Argentina, changes in firearms regulations in South American countries, material shortages or transportation constraints limiting sales shipments to South America, any of which could undercut the expectations expressed herein and impact our production and sales processes and financial results. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A in our most recent Form 10-K, Item 1A Risk Factors in our most recent Form 10-Q, and subsequent filings with the Securities and Exchange Commission ("SEC"), should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in our SEC filings, to be a complete discussion of all potential risks or uncertainties and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.
Contact:
Byrna Technologies Inc.
David North, Chief Financial Officer
dnorth@byrna.com
View original content to download multimedia:
SOURCE Byrna Technologies Inc. | https://www.wibw.com/prnewswire/2022/08/25/byrna-technologies-partners-with-64-year-old-argentine-firearms-manufacturer-bersa-sa-capture-south-american-less-lethal-market/ | 2022-08-25T13:15:27Z |
DALLAS (KDAF) — August 24 or better known in the sports world as 8/24 is a day to remember and honor one of the greatest basketball players to ever grace the hardwood, Kobe Bryant, as it is Kobe Bryant Day.
Some of the greatest games and battles of Bryant’s career came against the Dallas Mavericks as the LA Lakers were also in the Western Conference and were constant playoff contenders year in and year out. Coincident or not, Kobe Bryant averaged 24 points against the Mavs in 60 career games.
Bryant was able to pretty much dominate the Mavs during the regular season winning 42 games and losing 18. However, the playoffs were a different story; he played only one series against Dallas and it was during the 2011 season when the Mavericks went on to win the NBA Finals. Dallas stomped over LA 4-0 in that series.
During his career, Bryant had five seasons where he averaged over 30 points per game against the Mavs in the regular season:
- 43 ppg, 2005-06 season
- 36.5 ppg, 2007-08 season
- 35.3 ppg, 2004-05 season
- 30.7 ppg, 2000-01 season
- 30 ppg, 2008-09 season
Kobe was nothing short of other-worldly on the court no matter who he suited up against. The Mavericks were on the end of some of those performances: in 2005 Byrant dropped 62 points in three quarters and a couple of seasons later he scored 52 points and 30 clutch points in the fourth quarter and overtime in a 2008 spring matchup to win the game.
NationalToday had this to say about Kobe Bryant Day, “This year, we celebrate the first annual Kobe Bryant Day on August 24. Kobe Bryant was more than a basketball player; to many aspiring athletes and children growing up in Los Angeles and around the world, he was an inspiration and a cultural icon. On the day his numbers meet (8 and 24), we celebrate the life and talent that was Kobe Bryant and that of his daughter, Gianna, whose promising life was cut short.”
Funny enough, the owner of the Mavs, Mark Cuban recently told Bleacher Report host Taylor Rooks that he had once tried to trade for the Hall of Famer and said he thought the Kobe trade was done. Obviously, we know that Bryant played for the LA Lakers for his entire career, but just imagine him suited up in Mavs’ blue alongside Dirk… | https://cw33.com/sports/8-24-is-kobe-bryant-day-kobes-regular-season-playoff-record-vs-dallas-mavericks-best-games-against-mavs-more/ | 2022-08-24T20:29:43Z |
California is phasing out gas-powered auto sales; other states may follow
(CNN) - California made history last month when regulators agreed to ban the sale of new gasoline-fueled cars by 2035, and because the state is the largest auto market in the country, the measure could lead to a major shift across the country.
More than a dozen states could be on the verge of adopting the same unprecedented car sales mandate.
“If that group of states that tends to follow California’s lead were do so with this as well, it would be roughly 30 percent of the US would be living somewhere where there would be this requirement,” said Asha Weinstein Agrawal of Mineta Transportation Institute.
Currently, there are 17 states that already follow California’s car emission standards, at least in part.
And experts said once the mandate is approved by the Environmental Protection Agency, it’s likely they’ll apply their rule, which requires that by 2035, all new vehicles sold in the state must be electric, hydrogen powered, or at least plug-in hybrid.
“We will move forward to green and decarbonize our vehicle fleet,” California Gov. Gavin Newsom said.
Experts said under the federal Clean Air Act, states must follow the federal government’s vehicle emission standards or choose to adopt California’s stricter requirements.
A growing number of states appear to be leaning toward the second option, including Washington, Massachusetts, New York, Oregon and Vermont.
Critics of the measure argue it raises big concerns around issues like charging infrastructure, mineral availability, supply chain issues and vehicle pricing.
The recently passed Inflation Reduction Act aims to help lower prices by giving buyers of passenger vehicles assembled in North America a $7,500 federal electric vehicle tax incentive.
“If you install an electric vehicle charging station in your home, you can also get a tax credit,” Secretary of Energy Jennifer Granholm said.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/12/california-is-phasing-out-gas-powered-auto-sales-other-states-may-follow/ | 2022-09-12T18:45:04Z |
Precise, custom and compliant patient targeting – without any user tracking
NEW YORK, May 19, 2022 /PRNewswire/ -- Dstillery, the custom audience solutions company, today announced the release of Custom Patient Targeting, a new privacy-safe predictive behavioral targeting solution designed for healthcare brands.
Healthcare brands want to achieve more precise direct-to-consumer (DTC) ad targeting. However, they face strict data requirements from HIPAA, NAI guidelines, rules from demand-side platforms (DSPs), first-party data limitations and demographic conditions. Until now, these requirements have limited healthcare brands' targeting options across the programmatic web, resulting in campaign waste and suboptimal performance.
Powered by Dstillery's patented ID-free technology, Custom Patient Targeting uses AI-powered predictive modeling to learn how, when and from where de-identified patients browse the web. When combined with a seed data set representing a desired patient outcome, Custom Patient Targeting builds a just-for-your-condition model that targets only the impressions most likely to drive the desired patient outcomes – without user tracking.
"Healthcare advertisers face a unique challenge with DTC targeting. They want less wasteful targeting, but strict data requirements have constrained their ability to get the precision they desire," said Taejin In, SVP of Product at Dstillery. "Using our ID-free technology, we can offer healthcare brands the precision and customization to drive optimal patient outcomes without sacrificing privacy or compliance."
In sum, Custom Patient Targeting is precise, custom and compliant:
- Every potential impression on the ad-supported internet is scored and ranked based on its likelihood of reaching a brand's patient. Only the impressions most likely to convert are bid on – a level of granular targeting unheard of in healthcare.
- Every custom model is built using a seed that defines the patient the brand is trying to reach, including first-party data, demographic/behavioral attributes and search keywords (i.e., drug names, symptoms, comorbidities). The ability to use ICD-10 codes as a seed signal is in development and will be available soon.
- Custom Patient Targeting doesn't use IDs or rely on user-based targeting, ensuring 100% compliance with all laws, policies and guidelines from HIPAA, NAI and DSPs.
Agencies and their clients are already proving how Custom Patient Targeting has positively impacted patient outcomes and the KPIs brands want to drive. A pharmaceutical brand tested Custom Patient Targeting to lower their cost per action (CPA). The campaign reduced the brand's CPA by 84% while delivering 3x more impressions than the contextual targeting solution.
"We're excited to see this level of campaign performance, particularly in an early test. The key differentiator with Custom Patient Targeting compared to traditional solutions is this: Our AI can predict behavior, not simply infer it from context or demographics, without user tracking," said In.
For more information about Custom Patient Targeting, please visit https://dstillery.com/custom-patient-targeting-solution.
About Dstillery
Dstillery, the custom audience solutions company, empowers brands and agencies to reach
their best customers across the programmatic web. Backed by our award-winning data science, Dstillery has earned 16 patents for the AI technology that powers our precise, scalable solutions. Our newest innovation, ID-free Custom AI, is a privacy-by-design behavioral targeting solution that performs on par with cookies — without user tracking. Our ID-based premier product, Custom AI Audiences, is a just-for-your-brand targeting solution that continuously scores hundreds of millions of users to deliver the best audiences for your brand. To learn more, visit us at www.dstillery.com or follow us on LinkedIn.
Media Contact
Raven Carpenter
BLASTmedia for Dstillery
dstillery@blastmedia.com
317-806-1900 ext. 171
View original content to download multimedia:
SOURCE Dstillery | https://www.mysuncoast.com/prnewswire/2022/05/19/dstillery-adds-new-custom-patient-targeting-its-id-free-solutions-suite/ | 2022-05-19T12:31:46Z |
(NEXSTAR) – We’ve been stuck with La Niña for a long time – and, according to the latest National Weather Service outlook, we’re not getting rid of her just yet. There’s an 80% probability La Niña conditions persist between September and November, which will have an impact on fall weather around the country.
La Niña can mean drier conditions in the fall for a big swath of the country, NWS meteorologists explain. The precipitation outlook from September through November shows it’s likely to be drier-than-normal across pretty much the entire central U.S., from Nevada in the West to Ohio in the east, the upper Midwest and Great Lakes in the north down to Texas in the south.
Only a small part of the mid-Atlantic region is expected to have an especially wet fall, while the rest of the coastal states have an equal shot of a wet, dry or normal season.
When it comes to temperatures, most of the country is favored to see above-normal temperatures this fall. According to the latest models, Utah, western Colorado and the Northeast look most likely to see above-normal heat.
The warm temperatures and potentially dry skies are an ongoing drought concern, a National Oceanic and Atmospheric Administration spokesperson told Nexstar Thursday. Another La Niña winter would likely mean making a very bad drought even worse for the band of states from California to Texas. The latest map from the U.S. Drought Monitor already shows extreme and exceptional drought conditions in many parts of the region.
Another La Niña impact is on hurricane season in the Atlantic, which runs through November. La Niña years often correspond with busy and especially destructive hurricane seasons, and this year NOAA expects somewhere between three and five “major” hurricanes to form.
After November, the probability La Niña continues drops down. By the start of 2023, there’s a less-than-50% chance we’re still in a La Niña patter. However, NOAA forecasters caution that’s a long ways out, and so the forecast is less reliable.
If La Niña does end in the winter, we’ll likely shift into an “ENSO neutral” pattern, which means we’ll neither be in La Niña nor El Niño. | https://cw33.com/news/nexstar-media-wire/la-nina-just-wont-quit-what-that-means-for-fall-weather/ | 2022-08-12T00:24:12Z |
VANCOUVER, BC, June 3, 2022 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) today announced it has been named to Corporate Knights' inaugural Future 50: The Fastest Growing Sustainable Companies in Canada. The Future 50 is a list of the fastest growing Canadian companies whose business activities align with the transition to a global clean economy.
Village Farms was selected from a pool of 6,115 companies (1,100 public and 4,015 private) as one of 25 publicly traded companies with the highest year-over-year percentage increase in "clean revenue". (The other 25 Future 50 selections were private companies.)
"As a Company that has put the environment and sustainable agriculture practices as the heart of everything we do since it was founded more than 30 years ago, Village Farms is honored to be included in the inaugural Future 50: The Fastest Growing Sustainable Companies in Canada," said Michael DeGiglio, Chief Executive Officer, Village Farms International. "We are firm believers that what's good for the earth is good for our business, good for our employees, and good for our stakeholders. We look forward to building on our proud history of leadership and innovation in sustainable agriculture as one of the largest producers of greenhouse grown fresh produce in North America, and as a top producer of cannabidiol products internationally: cannabis in Canada and Australia, with plans to enter the Netherlands, and CBD and other cannabinoid products in the United States, as well as selected Asia-Pacific markets."
"All companies are now in the business of dealing with climate change. Our reason for devising this list is our belief in the success of these companies being pivotal to creating a more sustainable Canada, as well as acting as inspiration for other entrepreneurs," said Toby Heaps, founder and CEO of Corporate Knights.
For more information about Village Farms' commitment to the environment and sustainability, please visit: Sustainability - Village Farms International.
For more information on the Future 50: The Fastest Growing Sustainable Companies in Canada, including the selection methodology, please visit: Future 50 | Corporate Knights.
About Corporate Knights
Corporate Knights Inc. is an independent media and research B Corp committed to advancing a sustainable economy that supports both people and the planet.
Since 2002, Corporate Knights has published an award-winning quarterly magazine. It is distributed in The Globe and Mail, The Wall Street Journal and The Washington Post. With a circulation of more than 126,000, Corporate Knights magazine is the most prominent publication dedicated to advancing a sustainable economy.
The Corporate Knights research division produces global corporate and fund rankings. Its flagship ranking is the Global 100 Most Sustainable Corporations in the World, released each year during the World Economic Forum.
About Village Farms International, Inc.
Village Farms leverages decades of experience as a large-scale, Controlled Environment Agriculture-based, vertically integrated supplier for high-value, high-growth plant-based Consumer Packaged Goods opportunities, with a strong foundation as a leading fresh produce supplier to grocery and large-format retailers throughout the US and Canada, and new high-growth opportunities in the cannabis and CBD categories in North America and selected markets internationally.
In Canada, the Company's wholly-owned Canadian subsidiary, Pure Sunfarms, is one of the single largest cannabis operations in the world, the lowest-cost greenhouse producer and one of Canada's best-selling brands. The Company also owns 70% of Québec-based, Rose LifeScience, a leading third-party cannabis products commercialization expert in the Province of Québec.
In the US, wholly-owned Balanced Health Botanicals is one of the leading CBD brands and e-commerce platforms in the country. Subject to compliance with all applicable US federal and state laws and stock exchange rules, Village Farms plans to enter the US high-THC cannabis market via multiple strategies, leveraging one of the largest greenhouse operations in the country (more than 5.5 million square feet in West Texas), as well as the operational and product expertise gained through Pure Sunfarms' cannabis success in Canada.
Internationally, Village Farms is targeting selected, nascent, legal cannabis and CBD opportunities with significant medium- and long-term potential, with an initial focus on the Asia-Pacific region and Europe.
Cautionary Statement Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and is subject to the safe harbor created by those sections. This press release also contains "forward-looking information" within the meaning of applicable Canadian securities laws. We refer to such forward-looking statements and forward-looking information collectively as "forward-looking statements". Forward-looking statements may relate to the Company's future outlook or financial position and anticipated events or results and may include statements regarding the financial position, business strategy, budgets, expansion plans, litigation, projected production, projected costs, capital expenditures, financial results, taxes, plans and objectives of or involving the Company. Particularly, statements regarding future results, performance, achievements, prospects or opportunities for the Company, the greenhouse vegetable or produce industry or the cannabis industry are forward-looking statements. In some cases, forward-looking information can be identified by such terms as "can", "outlook", "may", "might", "will", "could", "should", "would", "occur", "expect", "plan", "anticipate", "believe", "intend", "try", "estimate", "predict", "potential", "continue", "likely", "schedule", "objectives", or the negative or grammatical variation thereof or other similar expressions concerning matters that are not historical facts. The forward-looking statements in this press release are subject to risks that may include, but are not limited to: our limited operating history in the cannabis and cannabinoids industry, including that of Pure Sunfarms, Inc. ("Pure Sunfarms"), Rose LifeScience Inc. ("Rose" or "Rose LifeScience"), Balanced Health Botanicals, LLC ("Balanced Health") and our operations of growing hemp in the United States; the legal status of the cannabis business of Pure Sunfarms and Rose and the hemp business of Balanced Health; risks relating to the integration of Balanced Health and Rose into our consolidated business; risks relating to obtaining additional financing, including our dependence upon credit facilities; potential difficulties in achieving and/or maintaining profitability; variability of product pricing; risks inherent in the cannabis, hemp, CBD, cannabinoids, and agricultural businesses; market position; ability to leverage current business relationships for future business involving hemp and cannabinoids; the ability of Pure Sunfarms and Rose to cultivate and distribute cannabis in Canada; existing and new governmental regulations, including risks related to regulatory compliance and regarding obtaining and maintaining licenses; legal and operational risks relating to expected conversion of our greenhouses to cannabis production in Canada and in the United States; risks related to rules and regulations at the US federal (Food and Drug Administration and United States Department of Agriculture), state and municipal rules and regulations with respect to produce and hemp, cannabidiol-based products commercialization; retail consolidation, technological advances and other forms of competition; transportation disruptions; product liability and other potential litigation; retention of key executives; labor issues; uninsured and underinsured losses; vulnerability to rising energy costs; inflationary effects on costs of cultivation and transportation; recessionary effects on demand of our products; environmental, health and safety risks, foreign exchange exposure, risks associated with cross-border trade; difficulties in managing our growth; restrictive covenants under our credit facilities; natural catastrophes; the ongoing and developing COVID-19 pandemic; and tax risks.
The Company has based these forward-looking statements on factors and assumptions about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. Although the forward-looking statements contained in this press release are based upon assumptions that management believes are reasonable based on information currently available to management, there can be no assurance that actual results will be consistent with these forward-looking statements. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond the Company's control, which may cause the Company's or the industry's actual results, performance, achievements, prospects and opportunities in future periods to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, the factors contained in the Company's filings with securities regulators, including this press release. In particular, we caution you that our forward-looking statements are subject to the ongoing and developing circumstances related to the COVID-19 pandemic, which may have a material adverse effect on our business, operations and future financial results.
When relying on forward-looking statements to make decisions, the Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future results, performance, achievements, prospects and opportunities. The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
View original content:
SOURCE Village Farms International, Inc. | https://www.wibw.com/prnewswire/2022/06/03/village-farms-international-named-corporate-knights-inaugural-future-50-fastest-growing-sustainable-companies-canada/ | 2022-06-03T18:27:39Z |
HONG KONG, May 30, 2022 /PRNewswire/ -- On 23 May 2022, in response to recent emerging trends, Hang Seng Indexes Company launched the Hang Seng China Metaverse Index to track the performance of Shanghai, Shenzhen, and Hong Kong-listed companies which has businesses related to the development of the metaverse. The index is aimed at helping investors capture innovative and transformative thematic investment opportunities that may emerge in the Mainland and Hong Kong stock markets. Yeahka continues to explore the metaverse to empower its commercial digitalized ecosystem and is selected as one of the 30 constituents, among other major constituents such as Tencent, NetEase, and Kuaishou.
According to public information, Yeahka had previously launched a coupon cloud platform based on blockchain technology and was included in the fourth batch of national domestic blockchain information services in October 2020. The platform provides merchant solutions for store management, customer acquisition, and traffic attraction, with the blockchain technology-driven advantage of being a tamper-proof traffic attraction mechanism, allowing transparency in customer acquisition paths. In October 2021, Yeahka formally ventured into the metaverse through Yeahka Gaming, empowering the company's ecosystem with metaverse games and exploring the integration of virtual and reality.
The metaverse incorporates a series of cutting-edge technologies such as virtual reality (VR), augmented reality (AR), and artificial intelligence (AI). Users are exposed to a deeper degree of Internet virtualization and a stronger sense of experience and novelty: the communication and interaction in the virtual Internet world of the metaverse closely approximate the real world, and whatever obtained within the metaverse can also be recognized in the real world, blurring the boundaries between online and offline. The development and popularity of Web 3.0 would also support the open and decentralized nature of the metaverse.
Compared with the "read-only" model of Web 1.0 and the model of user-led production and sharing of contents in Web 2.0, the public's vision of Web 3.0 is of a brand-new Internet world that is relatively decentralized, automated, and intelligent. On the premise that personal digital identities, digital assets, and data are completely personal for users, users can truly own their data and their transactions are protected by encryption technology. Therefore, Web 3.0 is considered to have tremendous potential in the future integration of online and offline, and metaverse is a virtual formation that can thrive under Web 3.0.
As a payment-based technology platform, Yeahka has gradually expanded its business from one-stop payment services to merchant solutions and in-store e-commerce services over a period of 10+ years. It has served 7.5 million offline small and medium-sized merchants and reached over 900 million consumers. After the Pandemic, small and medium-sized offline merchants gradually realized the value of digitalization of their operations, and Yeahka has strategically seized this opportunity, launching QR Code ordering, integrated takeaway, and in-store e-commerce services under the "social + recommendation + selective" model, to solve merchants' pain points with smart operations, helping them to revitalize consumers and attract customers.
On the consumer end, Yeahka enables the promotion of merchant brands through private domain and social recommendation marketing, promoting merchants' local lifestyle packages and inspiring consumers' desire to consume in-store. The interaction between merchants and consumers is not restricted to the real world, the combination of the virtual and the real world allows for more diversified interactions between merchants and consumers.
Yeahka believes that, with the rapid development of Web 3.0, the combination of the virtual and the real world is a perfect area for Yeahka to involve in. Its social recommendation properties and the interactive nature between the virtual and the reality can empower the business ecosystem of Yeahka, adding more possibilities for the in-store e-commerce business and merchant solutions.
Based on this, Yeahka Gaming launched the Year of the Tiger AR game during the Chinese New Year of the Tiger, and the game eventually had an exposure of more than 40 million times in the WeChat ecosystem, and the daily average WeChat index of related keywords was over 10,000, with the peak value exceeding 50,000. The community feedback on the game was also positive with the participation rate through sharing reaching over 26.6%, and the new customer acquisition rate through sharing was 50.1%.
This further proves that the path of empowering merchants and consumers through the metaverse is viable and that Yeahka will continue to explore how to use "meta-universe + Web 3.0" to empower its business ecosystem.
It is said that Yeahka will next launch a 3D store operation simulation game for consumers, in which players can build their own islands and operate stores related to real merchants on the islands; players can also visit each other and interact with businesses on the islands, breaking the barriers between the virtual and the reality through in-store incentives to achieve social media recommendation marketing and traffic attraction for the in-store e-commerce business of Yeahka.
View original content:
SOURCE Yeahka Limited | https://www.wibw.com/prnewswire/2022/05/30/yeahka-continues-empower-commercial-digitalized-ecosystem-constituent-hang-seng-china-metaverse-index/ | 2022-05-30T08:51:33Z |
Titans use 6 of 9 draft picks on offense to help Tannehill
By TERESA M. WALKER
AP Pro Football Writer
NASHVILLE, Tenn. (AP) — The Tennessee Titans say they need to be excellent around Ryan Tannehill to help their quarterback take them on the deep postseason run they’ve missed since the 2019 season. How big a step they’ve taken this offseason remains to be seen. They certainly tried their best using six of nine selections in this NFL draft on offense to give Tannehill more protection and passing targets. General manager Jon Robinson says they’ll see how it goes. The GM says he feels good about where the Titans are right now at this point of the offseason. The Titans went 12-5 and were the AFC’s No. 1 seed last season. | https://localnews8.com/sports/ap-national-sports/2022/04/30/titans-use-6-of-9-draft-picks-on-offense-to-help-tannehill/ | 2022-05-01T04:53:08Z |
US envoy: Russia intends to dissolve Ukraine from world map
UNITED NATIONS (AP) — The U.S. ambassador to the United Nations said Friday there should no longer be any doubt that Russia intends to dismantle Ukraine “and dissolve it from the world map entirely.”
Linda Thomas-Greenfield told the U.N. Security Council that the United States is seeing growing signs that Russia is laying the groundwork to attempt to annex all of the eastern Ukrainian regions of Donetsk and Luhansk and the southern Kherson and Zaporizhzhia regions, including by installing “illegitimate proxy officials in Russian-held areas, with the goal of holding sham referenda or decree to join Russia.”
Russia’s Foreign Minister Sergey Lavrov “has even stated that this is Russia’s war aim,” she said.
Lavrov told an Arab summit in Cairo on Sunday that Moscow’s overarching goal in Ukraine is to free its people from its “unacceptable regime.”
WARNING: Videos used may contain graphic content.
Apparently suggesting that Moscow’s war aims extend beyond Ukraine’s industrial Donbas region in the east comprising Donetsk and Luhansk, Lavrov said: “We will certainly help the Ukrainian people to get rid of the regime, which is absolutely anti-people and anti-historical.”
Russia’s deputy U.N. ambassador Dmitry Polyansky told the Security Council on Friday that “The de-Nazification and demilitarization of Ukraine will be carried out in full.”
“There must no longer be a threat from this stage to Donbas, nor to Russia, nor to the liberated Ukrainian territories where for the first time in several years people are finally able to feel that they can live the way they want,” he said.
Polyansky also warned Western nations supplying long-range artillery and MLRS surface-to-surface rockets that they were shifting “the provisional security line” further toward the west, “and in so doing clarifying even further the aims and objectives of our special military operation.”
Thomas-Greenfield went after countries that say “one country’s security should not come at the expense of another’s,” asking what they call Russia’s invasion of Ukraine. She didn’t name any country but this is a view China has repeated frequently, including Friday by its deputy U.N. ambassador Geng Shuang.
He told the council, “Putting one’s own security above that of others, attempting to strengthen military blocs, establishing absolute superiority ... will only lead to conflict and confrontation, divide the international community and make themselves less secure.”
The U.S. ambassador also went after nations that call for all countries to embrace diplomacy without naming Russia, saying: “Let us be clear: Russia’s ongoing actions are the obstacle to a resolution to this crisis.” Again she named no countries but a significant number of nations in Africa, Asia and the Mideast take this approach.
Thomas-Greenfield cited evidence of mounting atrocities including the reported bombings of schools and hospitals, “the killing of aid workers and journalists, the targeting of civilians attempting to flee, the brutal execution-style murder of those going about their daily business in Bucha,” the suburb of Ukraine’s capital Kyiv where local authorities said hundreds of people were killed during its occupation by Russian forces.
She said there is evidence Russia forces “have interrogated, detained forcibly, deported an estimated hundreds of thousands of Ukrainian citizens, including children -- tearing them from their homes and sending them to remote regions in the east.”
Nearly 2 million Ukrainians refugees have been sent to Russia, according to both Ukrainian and Russian officials. Ukraine portrays these journeys as forced transfers to enemy soil, which is considered a war crime. Russia calls them humanitarian evacuations of war victims who already speak Russian and are grateful for a new home.
A recent Associated Press investigation based on dozens of interviews has found that while the situation is more nuanced that the Ukrainians suggest, many refugees are indeed forced to embark on a surreal trip into Russia, subjected along the way to human rights abuses, stripped of documents and left confused and lost about where they are. Those who leave go through a series of what are known as filtration points, where treatment ranges from interrogation and strip searches to being yanked aside and never seen again.
“The United Nations has information that officials from Russia’s presidential administration are overseeing and coordinating filtration operations,” Thomas-Greenfield told the council.”
Polyansky countered that despite Ukraine’s efforts at intimidation of their citizens “people are choosing the country that they trust” -- Russia.
He warned that heavy weapons being poured into Ukraine by the West “will spill over into Europe” because of what he claimed is “the flourishing corruption among Ukraine’s political and military leadership.”
Polyansky said Western weapons are only “dragging out the agony and increasing the suffering of the Ukrainian people.”
Addressing Western ambassadors, he said: “The aims of our special military operation will be achieved either way, however much fuel you pour into the fire in the form of weapons.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/30/us-envoy-russia-intends-dissolve-ukraine-world-map/ | 2022-07-30T04:49:40Z |
BORDENTOWN, N.J., May 11, 2022 /PRNewswire/ -- Princeton NuEnergy, Inc. ("PNE"), an emerging growth company primarily engaged in the regeneration of lithium-ion battery ("LIB") material, announced it successfully closed a seed funding round at $7M in Q4 2021. The round was led by Wistron Corporation (TPE: 3231), a Fortune Global 500 member and an industry leader in electronics recycling services. Other investors in the round include Shell Ventures (NYSE: SHEL), Greenland Technologies (NASDAQ: GTECH), CleanTech Open, AIBasis Fund, WorldQuant Ventures, and the angel round investors.
Dr. Yan Chao, CEO and Co-founder of PNE, announced, "We are beyond excited to have the support of our investors trusting our idea and backing our mission to revolutionize the lithium-ion battery recycling industry. The capital, knowledge and network our investors bring to PNE will enable a full-scale development of the company and accelerate our production line development."
Princeton NuEnergy ("PNE") is an innovative clean-tech startup company spun out from Princeton University in 2019 focused on the direct recycling of lithium-ion batteries from electric vehicles and consumer electronics. PNE's mission is to deliver a cost-efficient, environmentally friendly lithium-ion battery recycling solution, solve the current industry pain point of high-operational cost battery recycling, and improve battery recycling efficiency and purity through its innovative recycling technology.
PNE's state-of-the-art patented LPAS (low-temperature plasma-assisted separation) direct recycling process can recover up to 95% of all constituent materials found in all chemistries and formats of lithium-ion batteries. It can significantly reduce CO2 emission, energy consumption, and water usage, and not produce any landfill waste.
The founding team of PNE has rich experience in manufacturing operations, engineering, strategic planning, and business development. Founder and CEO, Dr. Yan Chao, is from Princeton University; Co-Founder and CTO, Dr. Yang Xiaofang, has a solid research background at Princeton University, Columbia University, and Brookhaven National Laboratory. Co-Founders and technical advisors Prof. Yiguang Ju and Prof. Bruce E. Koel are well-known researchers at Princeton University. In addition, the core team members have diverse experience in Fortune 500 companies, including Panasonic, KPMG, Goldman Sachs, and Accenture.
About Princeton NuEnergy
Headquartered in Bordentown, NJ, Princeton NuEnergy is an innovative clean-tech startup company spun out from Princeton University in 2019 with over 20 years of battery recycling research and development experience. PNE successfully revolutionizes the material supply chain with its patented Direct Battery Recycling technology to produce high-quality and high value-added cathode active materials with low operating cost from spent lithium-ion batteries and delivers sustainable energy and environmental solutions. The enormousness of the impending spent battery situation drives PNE to commercialize its cost-effective, environmentally sustainable technology to step into recycling the vast stockpile of lithium-ion batteries looming on the horizon. For more information, please visit https://www.pnecycle.com/.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties 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," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
For more information, please contact:
Company Contact
Dr. Yan Chao, CEO
Princeton NuEnergy
Phone: +1(973)818-3428
Email: info@pnecycle.com
View original content:
SOURCE Princeton NuEnergy | https://www.wibw.com/prnewswire/2022/05/11/princeton-nuenergy-raises-7m-seed-funding-lithium-ion-battery-recycling/ | 2022-05-11T21:32:42Z |
WEST PALM BEACH, Fla., Aug. 1, 2022 /PRNewswire/ -- Elliott Investment Management L.P. (together with its affiliates, "Elliott") today released the following statement on behalf of Managing Partner Jesse Cohn and Senior Portfolio Manager Marc Steinberg regarding Pinterest, Inc. (NYSE: PINS) (the "Company" or "Pinterest"):
Pinterest is a highly strategic business with significant potential for growth, and our conviction in the value-creation opportunity at Pinterest today has led us to become the Company's largest investor. As the market-leading platform at the intersection of social media, search and commerce, Pinterest occupies a unique position in the advertising and shopping ecosystems, and CEO Bill Ready is the right leader to oversee Pinterest's next phase of growth. We commend Ben Silbermann and the Board on the leadership transition, and we look forward to continuing our collaborative work with Ben, Bill and the Board as they drive toward realizing Pinterest's full potential.
Elliott Investment Management L.P. manages approximately $55.7 billion of assets. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.
Media Contact:
Stephen Spruiell
Elliott Investment Management L.P.
(212) 478-2017
sspruiell@elliottmgmt.com
View original content:
SOURCE Elliott Investment Management L.P. | https://www.wibw.com/prnewswire/2022/08/01/elliott-statement-pinterest/ | 2022-08-01T20:56:03Z |
- Avast scoops 'Top Product' Award by leading independent test institution AV-Test
- Online Safety Score and Network Inspector features strengthen digital protection capabilities even further for users at home and on the go
LONDON and EMERYVILLE, Calif., Aug. 3, 2022 /PRNewswire/ -- Avast One, the all-in-one digital protection service from Avast (LSE: AVST), a global leader in digital security and privacy, has extended its cross-platform support by adding its Online Safety Score feature to both the Mac and iOS platforms of Avast One. Previously available on Windows and Android, Online Safety Score helps people take control of their online safety by providing a simple, easy to read score with regular feedback and tips on how to improve it further. Network Inspector, formally known as WiFi Inspector in Avast Free Antivirus, has also been added to the Mac platform so that networks and devices can be scanned for vulnerabilities. The update follows Avast One's recognition by AV-Test as a 'Top Product' in the industry, achieving full points in malware protection, performance and usability.
Earlier this year, Avast bolstered the free and premium versions of Avast One with new and innovative privacy and scam prevention features across all major platforms, including Email Guardian, Private Mode, Scam Protection for mobile, and a Smart VPN which launches automatically for activities such as online banking. In this latest update, Avast has strengthened its cross-platform support further with Online Safety Score and Network Inspector which provide more guidance and user control over online safety for greater peace of mind no matter the device used. Premium customers can benefit from Avast One's leading protection and performance capabilities for up to 30 computers and mobile phones across PC, Mac, Android and iOS, ensuring families and their devices stay private and secure.
Last year, Avast's Digital Citizenship study of over 16,000 people found that despite the internet's increasing importance day-to-day, heightened online safety and privacy concerns are stopping people from fully engaging in online activities. With this in mind, Avast has enhanced the protection capabilities of Avast One across all platforms, to provide online citizens with greater control and confidence at a time of rising online scams, fraud, and other malicious activity.
"Across the world, safe and free access to digital services is increasingly becoming an everyday requirement. Yet our Avast Digital Citizenship Report found that two out of three people decided not to do something online because of security and privacy concerns," said Vita Santrucek, Chief Product Officer at Avast, in a blog post. "It's a wake-up call for us that many people do not feel confident about using critical online services and are abandoning decisions to shop, bank, or register new accounts because of concerns about security, privacy and identity. We understand that effective protection means protection on our customers' terms, and with Avast One we've made sure it's available on every major platform, wherever and whenever it's needed."
In addition to Online Safety Score, the features available in the latest update of Avast One include:
- Network Inspector: automatically scans networks and connected devices for vulnerabilities, and offers recommendations to improve device security when connected to public networks, as well as tips to strengthen the protection of home networks so that intruders are unable to access them and obtain personal data
- App Lock: locks sensitive apps and photos with a PIN, pattern, or fingerprint that's different to the authentication used to unlock a phone, providing the user with an additional layer of protection. Available on Avast One Individual and Family for Android. For individuals or families with iOS devices, the Photo Vault feature secures photos in an encrypted folder inside the Avast One app, protected by a PIN, Touch ID or Face ID to improve privacy on shared mobile devices.
Avast One is available in Australia, Austria, Canada, France, Germany, Switzerland, the United Kingdom, and the United States. It is available for download now at www.avast.com and is compatible with Android, iOS, macOS and Windows.
Avast (LSE:AVST), a FTSE 100 company, is a global leader in digital security and privacy, headquartered in Prague, Czech Republic. With over 435 million users online, Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company's threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, SE Labs and others. Avast is a member of Coalition Against Stalkerware, No More Ransom and Internet Watch Foundation. Visit: www.avast.com.
- For information about Avast One: https://www.avast.com/en-us/avast-one
- For security and privacy insights, visit the Avast blog: https://blog.avast.com/
- For handy guides, advice and tips, visit Avast Academy: https://www.avast.com/c-academy
- For in-depth technical analysis of online threats, visit the Avast Decoded blog: https://decoded.avast.io/
- For more information about Avast visit: https://www.avast.com/en-gb/about and https://www.avast.com/company-faqs
- Follow us on Twitter: @Avast
- Join our LinkedIn community: https://www.linkedin.com/avast
- Visit our Facebook group: www.facebook.com/avast
Media Contact:
PR@avast.com
View original content to download multimedia:
SOURCE Avast Software, Inc. | https://www.kxii.com/prnewswire/2022/08/03/avast-one-extend-home-network-protection-online-safety-guidance-across-platforms/ | 2022-08-03T07:35:16Z |
Will Smith resigns from film academy over Chris Rock slap
LOS ANGELES (AP) — Will Smith resigned Friday from the motion picture academy following his Oscars night slap of Chris Rock and said he would accept any further punishment the organization imposed.
A spokesperson for Smith issued a statement from the actor Friday afternoon.
“I will fully accept any and all consequences for my conduct. My actions at the 94th Academy Awards presentation were shocking, painful, and inexcusable,” Smith said in the statement.
“I betrayed the trust of the Academy. I deprived other nominees and winners of their opportunity to celebrate and be celebrated for their extraordinary work,” Smith’s statement said. “I am heartbroken. I want to put the focus back on those who deserve attention for their achievements and allow the Academy to get back to the incredible work it does to support creativity and artistry in film. "
Smith’s resignation came two days after the academy met to initiate disciplinary proceedings against Smith for violations against the group’s standards of conduct.
On Sunday, Smith strode from his front-row Dolby Theatre seat on to the stage and smacked Rock, who had made a joke at the expense of Smith’s wife, Jada Pinkett Smith. Moments later, he went on to win the best actor award for his role in “King Richard.”
Rock, who was about to present Oscar for best documentary, declined to file charges when asked by police.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/01/will-smith-resigns-academy-after-oscars-slap/ | 2022-04-01T23:24:11Z |
Which Jade yoga mats are best?
Yoga is a wildly popular activity and rightly so. It offers a myriad of physical, mental and spiritual benefits while welcoming participants of all ages, shapes and sizes to practice alone or in a group. Yoga is accessible to those who are just starting off and diverse enough to continually challenge dedicated yogis who engage daily.
All you need is a yoga mat. Jade yoga mat, one of the leaders in yoga accessories, offers a few different options to cater to all your yoga needs. The Harmony Mat is their signature option, a quality all-around product designed for regular use. Finding the right mat for your body and activity level is crucial to success in yoga.
What to know before you buy a Jade yoga mat
Size
The standard yoga mat is 68 inches long and 24 inches wide. This typically suits most users across most poses. Jade also offers a 71-inch mat and a 74-inch mat for taller individuals.
Additionally, Jade boasts extra large mats that are 80 inches long and 28 inches wide. Extra width comes in handy not only for wider poses, but users can also roll the mat onto itself for extra padding. The yoga mat buying guide at Best Reviews includes more information on sizing and how to find the best fit for your needs.
Material
Most Jade yoga mats are made from natural rubber. This is an alternative to the more common variety of synthetic materials used in mats. Rubber is a terrific choice for environmentally-friendly and eco-conscious consumers, as it is a sustainable, long-lasting resource. Rubber mats are durable and easy to clean, although rubber is more expensive than synthetic alternatives. Keep in mind that rubber is not advised for outdoor use.
Jade does offer two options that are not made from rubber. One mat is made from organic cotton, offering a comfortable spot for a variety of practices, while another comprises organic cotton and Dharba grass, a tropical plant native to India. Both options are better suited for those who may want to practice outside. Although these mats lack the thickness and support for intense practices, they can be used on top of another mat.
Color
Jade yoga mats are available in a variety of bright and bold colors, including blue, purple, pink, slate and jade green. Color does not influence the quality of the mat but offers users a chance to find a color that may be a personal favorite or match their home decor. Some users may also want to match the color to a type of practice they prefer or frequent. Darker shades may be more suited to meditative and restorative practices, while those who work up a sweat with physical sessions may opt for something light and eye-catching.
What to look for in a quality Jade yoga mat
Thickness
The thickness of a yoga mat determines both the potential support and convenience offered. Thicker mats are ideal for those who need extra padding and support during more intense, frequent practices. However, thicker mats are harder to travel with since they are heavier and don’t fold as easily. Alternatively, thinner mats are ideal for taking to class and on the go, but they can lack the comfort some may desire.
The most popular Jade mat is 3/16 of an inch thick, which is about the average thickness. They also offer a thinner mat at 1/16 of an inch, as well as a thicker option at 5/16 of an inch.
Color causes
Jade Yoga features three yoga mat colors that are aimed to raise awareness for health issues, with a portion of the purchase donated in support. Teal mats are in support of ovarian cancer research, saffron mats support autism causes and pink mats raise money in support of breast cancer causes. Teal is offered year-round, while saffron and pink run for a limited time.
How much you can expect to spend on Jade yoga mat
Most Jade yoga mats cost between $65-$100, depending on size and thickness.
Jade yoga mat FAQ
How do I clean my Jade yoga mat?
A. Jade yoga mats are fairly easy to clean. For regular usage, your mat can be wiped with a damp towel every week. For more intense practices, users may want to wipe clean after every session. Owners may opt for Jade’s plant-based mat wash to wipe away any dirt or odor. Harsh chemicals and cleaning products should not be used, as it may damage the materials. Essential oils may also damage the rubber.
What accessories do I need to supplement my yoga mat?
A. With a yoga mat, you’re ready to stretch, meditate and work out as you wish. If you plan on taking your mat to a class or on vacation, it may be worth investing in a convenient bag or carrier so that the mat stays protected. Some yoga enthusiasts may want to acquire blocks as well to assist with certain positions. Bolsters are also another useful tool to integrate into practices, as are yoga blankets.
What’s the best Jade yoga mat to buy?
Top Jade yoga mat
What you need to know: Jade’s most popular yoga mat.
What you’ll love: This comfortable and durable mat caters to a wide range of practices and poses. Available in a variety of exciting colors, this mat boasts average length and width to suit most people in most practices. It sticks to the floor and offers stability, as well as comfort. Longer options are also available
What you should consider: This mat is more expensive than competitors and not ideal for outdoor use.
Where to buy: Sold by Amazon
Top Jade yoga mat for the money
What you need to know: A thin and lightweight mat, this option is ideal for yogis on the move, helping save space, energy and money.
What you’ll love: The thinnest mat available by Jade at 1/16 of an inch, the Travel Mat offers a convenient and intimate yoga session. It’s available in a variety of colors and among the cheaper options available.
What you should consider: It may not be supportive enough for larger individuals or intense practices.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: An extra-thick mat that provides longevity and proper support for intense practices and physical activities.
What you’ll love: At 5/16 of an inch thick, this mat offers both comfort and stability for lunges, squats, planks and other intensive exercises. It’s available in various colors and there are two longer options also available for taller persons.
What you should consider: This mat is quite expensive and not ideal for traveling.
Where to buy: Sold by Amazon
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Anthony Marcusa writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/sports-fitness-br/yoga-pilates-br/best-jade-yoga-mat/ | 2022-04-11T06:51:12Z |
FREMONT, Calif., Aug. 25, 2022 /PRNewswire/ -- Socket Mobile, Inc. (NASDAQ: SCKT), a leading provider of data capture and delivery solutions designed to enhance workplace productivity, is excited to launch a program for SocketScan S700 users to trade in their existing device and upgrade to the S720 Linear Barcode plus QR code Reader for $199.
The Socket Mobile SocketScan S700 1D Linear Barcode Scanner is an extremely popular scanner used by hundreds of thousands of end-users in conjunction with Shopify, Square, Lightspeed, PayPal and many other popular apps. The S700 is a 1D general purpose data capture device for optimizing daily operations and increasing productivity throughout the workplace. However, data capture requirements are ever-changing, and there is a growing requirement to scan QR codes and other 2D barcodes, associated with payments, loyalty, digital IDs, mobile tickets, etc, which the S700 does not support. Socket Mobile recently launched the SocketScan S720 to give app providers an immediate option for their end users to support 2D barcode scanning due to these recent market changes.
The new SocketScan S720 was designed to support these additional QR code requirements on top of the current functionality of the S700. The S720 is fully compatible with applications that are already in the market, assuming the app is supporting the latest version of CaptureSDK. It is also compatible with all Socket Mobile accessories, such as charging docks and stands.
Socket Mobile is providing an attractive upgrade program for their myriad of existing customers and also to be socially responsible corporate citizens. In addition to allowing users to return their scanner, so they can be correctly recycled, Socket Mobile is also offering additional discounts for those who are willing to use fully tested and functional refurbished units.
"Socket Mobile always ensures that our app provider partners have the options and the tools available for their end-users to be one step ahead when it comes to the future of data capture," said Dave Holmes, Chief Business Officer at Socket Mobile. "We also strive to ensure the needs of our current end users are fully supported as requirements in the data capture world evolve. We're excited to announce the S720 trade-in program as it gives our application partners the ability to migrate their current install base to support higher levels of functionality that can be incorporated into their apps with QR codes. Existing app providers can be assured that end-users will have access to the benefits of the S720 right out of the box and can immediately start scanning 2D/QR code data into their applications. Users who take advantage of our trade-in program can be confident that the S720 will provide all the functionality they currently enjoy with S700 and have the peace of mind that S720 will take them into the future of data capture by providing high-performance, efficient 2D barcode reading for years to come."
Socket Mobile users can upgrade now to the S720. The limited time offer for users to trade in their S700 and receive a $50 credit on the purchase of an S720. This field upgrade provides a 1D and 2D barcode scanner for only $199. The offer will be available until September 30, 2022.
Although 1D barcode types are still prevalent within everyday business operations, 2D barcode usage is growing and will soon become the standard for businesses wishing to transmit larger amounts of data through barcode data collection. 2D barcodes serve multiple purposes simultaneously, offering a level of versatility, functionality, and efficiency that is not possible with 1D barcodes. The GS1 standards body is driving a transition to 2D barcodes in retail by 2027, and businesses that only utilize 1D barcode functionality will soon need to upgrade their data capture solutions.
Application developers who wish to offer the SocketScan S720 can do so through Socket Mobile's CaptureSDK. CaptureSDK gives app providers the most reliable and consistent data capture performance, enabling the app to efficiently capture data in the physical world and utilize it in-app to maximize the value of their solution and increase their customer's overall productivity and satisfaction. CaptureSDK gives app providers the ability to offer any of Socket Mobile's data capture devices interchangeably, including their newest Bluetooth hardware devices and free camera-based scanning software with SocketCam. This allows app providers to give end-users the freedom to choose the right device for each customer's requirements.
To begin the process of trading in your S700, visit Socket Mobile Upgrade Offers.
Find additional S720 product information and details in the Socket Mobile Store.
To contact a Socket Mobile sales representative, visit Contact and Support Requests
Media Contact: David Holmes, David.holmes@socketmobile.com
View original content to download multimedia:
SOURCE Socket Mobile, Inc. | https://www.kxii.com/prnewswire/2022/08/25/socket-mobile-launches-s720-qr-code-scanner-199-with-trade-in/ | 2022-08-25T11:29:50Z |
Which electric tricycle for adults is best?
For commuting around town or buying groceries, having a compact form of transportation makes each trip much easier. With space to store belongings while riding, electric tricycles for adults are a good way to get from place to place. There are more electric tricycles for adults being sold now than ever before.
With so many options and features available, finding the right one can be difficult. Evaluating which personal needs are most important can help make the decision much easier.
What to know before you buy an electric tricycle for adults
Battery life
One of the most important features for any electric tricycle is its battery life. Many batteries are designed with fire-safe materials to prevent any possible dangers from damage. Battery mileage ranges can be rather wide, with some batteries lasting for just a few miles, while others lasting for well over 50 miles without needing to be charged.
Portability
A huge factor for any electric tricycle for adults is portability. While most people have trouble fitting electric tricycles into the trunk of a car, many models can be folded down or compressed. These tricycles usually have the trade-off of being more expensive and less durable.
What to look for in a quality electric tricycle for adults
Engine power and weight capacity
A major feature of electric tricycles is how powerful the motor is for both speed and weight capacity. For buyers wanting an electric tricycle for carrying groceries or other supplies, having a motor with at least a few hundreds watts of power will make a difference.
Comfort and design
A big decision for any buyer is the comfort and design of the electric tricycle. Several electric tricycles come with additional padding on the seats or ergonomically designed chairs. Many electric tricycles come in several colors or with specific designs that make it more stylish.
How much you can expect to spend on an electric tricycle for adults
Higher quality electric tricycles can cost $1,000-$5,000, with some exceptional models costing more. There are more affordable options coming in at around $800 or less; however, these tricycles are not made with the same quality and usually lack the same battery power as higher quality models.
What’s the best electric tricycle for adults to buy?
Top electric tricycle for adults
What you need to know: This is a powerful and durable electric tricycle that can handle any day to day outing.
What you’ll love: The electric tricycle has a 500W motor that can hold up to 320 pounds of weight. The tricycle can travel up to 35 miles on a single charge allowing users to ride all day without any issues.
What you should consider: At nearly $3,000, this is one of the most expensive electric tricycles currently on the market.
Where to buy: Sold by Amazon
Top electric tricycle for adults for the money
Schwinn Meridian Adult Tricycle
What you need to know: This is a high-quality and affordable tricycle with a classic design built by a well-known company.
What you’ll love: The tricycle has an extra-large cushioned seat to add a higher level of comfort for all-day use. The tricycle is also equipped with a large backseat basket that can hold several pounds of groceries.
What you should consider: The tricycle does not come with an electric motor and requires a separate installation.
Where to buy: Sold by Amazon
Worth checking out
Addmotor Motan M-330 Adult Electric Tricycle
What you need to know: This is a powerful electric tricycle with a durable frame and fat tires for added comfort and stability.
What you’ll love: The electric tricycle has a powerful motor that can handle up to 350 pounds of weight and a maximum speed of 22 mph. The LCD display helps show battery levels, range, speed, and whether the light is on.
What you should consider: The tricycle is expensive and built more specifically for off-road activity.
Where to buy: Sold by Amazon
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Tom Price writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/sports-fitness-br/cycling-br/best-electric-tricycle-for-adults/ | 2022-07-15T19:04:55Z |
NEW YORK, July 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Wells Fargo & Company (NYSE: WFC) between February 24, 2021 and June 9, 2022, both dates inclusive (the "Class Period"), of the important August 29, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Wells Fargo 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 Wells Fargo class action, go to https://rosenlegal.com/submit-form/?case_id=7261 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 29, 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) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (2) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (3) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (4) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (5) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Wells Fargo class action, go to https://rosenlegal.com/submit-form/?case_id=7261 mailto: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
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/07/09/rosen-leading-law-firm-encourages-wells-fargo-amp-company-investors-with-losses-exceeding-100k-secure-counsel-before-important-deadline-securities-class-action-wfc/ | 2022-07-09T14:36:10Z |
APON is urging a full DOJ investigation
WASHINGTON, Sept. 13, 2022 /PRNewswire/ -- American Property Owners Network (APON) is calling on all Congressmembers and 2022 political candidates to support shutting down foreclosure mill activity—still occurring on a massive scale across the country despite the national mortgage settlements--pending a full Department of Justice (DOJ) investigation.
With mid-terms approaching, APON is releasing a policy memo identifying solutions to the problems facing homeowners in the era of questionable home-lending and securitization practices. They hope incumbent Congresspeople as well as politicians running in the midterms will respond. APON further calls upon The Capitol to audit its own prior investigations into financial institution wrongdoing, and the compliance of financial institutions with settlements that have been made over the past 12 years.
Some of the problems APON wants resolved include: foreclosure mills continuously being allowed to wrongfully claim injury and file forged documents in our courts; homeowners being forced from their homes without due process; and foreclosure defense attorneys unjustly being disbarred. Further, regarding the ongoing crisis, Wall Street financial expert and APON attorney advisor, Neil Garfield, ( https://livinglies.me/2022/08/31/when-legal-fictions-simply-go-too-far/.) states: "The continuation of current securitization practices will result in another crash similar to 2008, though perhaps not as severe."
APON has also endorsed the March on Corruption in Washington, DC, on November 1, 2022 being spearheaded by Producer Patrick Lovell of the docuseries The Con. (For the trailer, see https://www.imdb.com/video/vi4033199641/?playlistId=tt12667346&ref_=vp_rv_ap_0.) As The Con exposes, financial crimes on a massive scale were ignored by both Republican and Democrat administrations during the 2004-2016 era, and they continue today.
APON's President, Leo Blas, a former government official who is facing the fourth foreclosure on his homestead, who represents himself in court, states: "The abuse of process in the courts by mega law firms is allowing the Big Banks to wrongfully dispossess property owners. These abuses are made available to them by judges who are unable or unwilling to understand arguments in favor of homeowners."
APON is non-profit organization providing a political voice and support for Americans facing unfair home-lending and foreclosure practices. APON estimates that over 15 million homes have been fraudulently foreclosed, with another wave of at least a million more on the horizon.
For more information about APON, contact admin@apropertyownersnetwork.org. For information on the March on Corruption, contact Bcrabiola@gmail.com
View original content:
SOURCE American Property Owners Network | https://www.wibw.com/prnewswire/2022/09/13/homeowners-call-shutdown-nationwide-foreclosure-mill-machine/ | 2022-09-13T17:38:46Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Aurinia Pharmaceuticals Inc. ("Aurinia Pharmaceuticals Inc." or the "Company") (NASDAQ: AUPH) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Aurinia Pharmaceuticals Inc. investors who were adversely affected by alleged securities fraud between May 7, 2021 and February 25, 2022. Follow the link below to get more information and be contacted by a member of our team:
AUPH investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Aurinia Pharmaceuticals Inc. during the relevant time frame, you have until June 14, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/02/auph-lawsuit-alert-levi-amp-korsinsky-notifies-aurinia-pharmaceuticals-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T11:11:35Z |
DENVER (AP) — Cale Makar barely broke a smile after scoring his second goal and Colorado’s seventh of the night. He fist-bumped Mikko Rantanen to thank him for the pass and skated to the bench.
He and the Avalanche are calm, confident and rolling. They’re now two wins from dethroning the two-time defending champions.
Looking like by far the better team, the Avalanche overwhelmed the Tampa Bay Lightning 7-0 in Game 2 of the Stanley Cup Final on Saturday night to take a 2-0 lead in the best-of-seven series.
Coach Jared Bednar called it “as close to perfect of a game as you can get from your players.”
“I feel like we played to our identity to a ‘T’ tonight,” Makar said. “We had some good goals and stuff like that. … It was a little bit of a weird one tonight. Obviously, we’re getting opportunities but guys were able to able to capitalize, so that’s good part.”
Valeri Nichushkin scored his seventh and eighth goals of the playoffs and continued to be the best player on the ice in the final, Game 1 overtime hero Andre Burakovsky beat Andrei Vasilevskiy again and even defensive defenseman Josh Manson and 35-year-old grinder Darren Helm got in on the fun with a goal apiece. Makar, who didn’t even have a shot on goal in Game 1, scored twice in the third period, inciting chants of “We want the Cup!” from a fired up crowd.
“They’re playing at an elite level right now — give them credit. We are not,” Lightning coach Jon Cooper said. “They’re two good teams. They’re just playing a much higher level right now than we are.”
Rarely have the Lightning been completely outclassed during this run of postseason success, but they also hadn’t faced an opponent like the Avalanche, who forced them into one uncharacteristic mistake after another. Colorado was dominant in every facet of the game to move two victories away from its first title since 2001 and the first by this core led by Nathan MacKinnon.
The Avalanche go to Tampa for Game 3 on Monday night up in the series despite no goals in the series from MacKinnon, who at times has played like a man possessed in an effort to finally break though and hoist the Cup. They still became just the third team in NHL history to score three-plus goals in the first period of Games 1 and 2 in the final.
“We played a pretty good game,” Helm said. “We just played a full 60-minute game.”
The dominant performance started by pouncing on an early mistake by typically reliable Lightning defenseman Erik Cernak when he bobbled the puck at the blue line on one of the game’s first shifts. It was all Avalanche after that.
Their aggressive forecheck led them to draw a penalty on veteran Ryan McDonagh, score on the ensuing power play when Burakovsky fed Nichushkin for his first of the night. It wasn’t his last, and Colorado poured it on with six of the game’s first seven shots and complete territorial domination with much of the game played in the Tampa Bay end.
With Vasilevskiy — whose play was the key to the Lightning’s incredible ability to bounce back after a loss in the playoffs — looking shaky and even dropping his head after letting Makar beat him clean on one of many 2-on-1 rushes, the Avalanche made the most of all their offensive zone time. The highest-scoring team this postseason put on a clinic against the team that has played more hockey than anyone else over the past two years.
That may finally be taking its toll, and it’s exacerbated by the blazing speed with which the Avalanche play. They again not only outskated the Lightning but used quick feet to force errors that turned into goals.
“We came out with a purpose,” said forward Andew Cogliano, who returned after missing Game 1 with a right finger injury. “We got to our game, we skated from the drop of the puck and we just didn’t let up.”
Tampa Bay fell to 18-2 after a loss since the start of the first round in 2020. The streak of 18 in a row ended in the Eastern Conference final against the New York Rangers when the Lightning fell behind 2-0 before roaring back, though it’s hard to see Colorado falling into the same trap.
The way the Lightning lost this one — by far their biggest blowout loss during this run — came as a surprise to just about everyone.
“Am I shocked that we lost 7-zip?” Lightning captain Steven Stamkos said. “I mean, I don’t think we saw that coming.”
Even if players brush off the concept of momentum from game to game during a playoff series, their romp over the champs combined with a 7-0 road record should fill the Avalanche with confidence. But they might again need to dip into their pool of depth because of injuries.
After getting Andrew Cogliano back from missing the season opener with a right finger injury, the Avalanche lost Burakovsky again in the second period. Burakovsky blocked a shot in the first game in the West final and has been playing through pain since. Bednar said he would be re-evaluated ahead of Game 2.
Colorado is inflicting plenty of pain on Tampa Bay, which resorted to some rough stuff after falling behind. Of course, even MacKinnon was throwing hits in the third period despite the game being well in hand.
Darcy Kuemper was barely tested in net for Colorado, picking up the shutout with 17 saves.
“He was just rock solid,” Manson said. “He was exactly what we needed to be.”
___
Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/avalanche-rout-lightning-7-0-to-take-2-0-lead-in-cup-final/ | 2022-06-19T19:26:11Z |
Published: Jul. 21, 2022 at 7:45 AM EDT|Updated: 1 hour ago
Earnings per diluted share of $2.93
Operating revenue up 14%
Operating income up 1%
OMAHA, Neb., July 21, 2022 /PRNewswire/ -- Union Pacific Corporation (NYSE: UNP) today reported 2022 second quarter net income of $1.8 billion, or $2.93 per diluted share. This compares to 2021 second quarter net income of $1.8 billion, or $2.72 per diluted share.
"As anticipated, the Second Quarter was a tough one as we limited carloadings and increased expenses to recover network fluidity," said Lance Fritz, Union Pacific chairman, president, and chief executive officer. "We also experienced record high fuel prices and increasing inflation, adding pressure to our total costs. Offsetting the cost pressures were higher fuel surcharge revenue, solid core pricing, a positive mix, and continued train size initiatives. The result was operating revenue and income growth. Our network fluidity improved through the quarter, and we are positioned to grow volumes in the back half of 2022 while continuing to improve our service product."
Financial Results: Topline Growth Produces Quarterly Records for Operating Revenue, Operating Income, Net Income, and Earnings Per Share Second Quarter 2022 Compared to Second Quarter 2021
Operating revenue of $6.3 billion was up 14% driven by higher fuel surcharge revenue, core pricing gains, and a positive business mix, offset slightly by volume declines.
Business volumes, as measured by total revenue carloads, were down 1%.
Union Pacific's 60.2% operating ratio deteriorated by 510 basis points. Higher fuel prices negatively impacted the operating ratio 130 basis points.
Operating income of $2.5 billion was up 1%.
The company repurchased 3.1 million shares in second quarter 2022 at an aggregate cost of $722 million.
Operating Performance: Service and Efficiency Measures Lag as Network Recovery Continues Second Quarter 2022 Compared to Second Quarter 2021
Quarterly freight car velocity of 187 daily miles per car, a 12% decline.
Quarterly locomotive productivity was 123 gross ton-miles (GTMs) per horsepower day, a 12% decline.
Average maximum train length was flat at 9,439 feet.
Quarterly workforce productivity was 1,034 car miles per employee, a 2% decline.
Fuel consumption rate of 1.076, measured in gallons of fuel per thousand GTMs, was flat.
Union Pacific's first half reportable personal injury rate improved to 0.93 per 200,000 employee-hours compared to 0.95 for first half 2021.
2022 Guidance: First Half 2022 Results Challenge Previous Full Year Volume and Operating Ratio Targets
Updated
Stronger second half volumes should produce full year carload growth of 4% to 5%
Full year operating ratio around 58%
Second half operating ratio improvement vs. 2021
Second half incremental margins around 50%
Affirmed
Pricing gains in excess of inflation dollars
Capital spending of $3.3 billion
Long term dividend payout target of 45% of earnings
Share repurchases in line with 2021
Second Quarter 2022 Earnings Conference Call
Union Pacific will webcast its second quarter 2022 earnings release presentation live at www.up.com/investor and via teleconference on Thursday, July 21, 2022, at 8:45 a.m. Eastern Time. Participants may join the conference call by dialing 877-407-8293 (or for international participants, 201-689-8349).
ABOUT UNION PACIFIC
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable, and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
This news release and related materials contain statements about the Company's future that are not statements of historical fact, including specifically the statements regarding the Company's expectations with respect to economic conditions and demand levels, its ability to improve network performance (including those in response to increased traffic), its results of operations, and potential impacts of the COVID-19 pandemic and the Russian-Ukraine conflict. These statements are, or will be, 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. Forward-looking statements also generally include, without limitation, information, or statements regarding: projections, predictions, expectations, estimates, or forecasts as to the Company's and its subsidiaries' business, financial, and operational results, and future economic performance; and management's beliefs, expectations, goals, and objectives and other similar expressions concerning matters that are not historical facts.
Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times that, or by which, such performance or results will be achieved. Forward-looking information, including expectations regarding operational and financial improvements and the Company's future performance or results are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statement. Important factors, including risk factors, could affect the Company's and its subsidiaries' future results and could cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements. Information regarding risk factors and other cautionary information are available in the Company's Annual Report on Form 10-K for 2021, which was filed with the SEC on February 4, 2022. The Company updates information regarding risk factors if circumstances require such updates in its periodic reports on Form 10-Q and its subsequent Annual Reports on Form 10-K (or such other reports that may be filed with the SEC).
Forward-looking statements speak only as of, and are based only upon information available on, the date the statements were made. The Company assumes no obligation to update forward-looking information to reflect actual results, changes in assumptions, or changes in other factors affecting forward-looking information. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References to our website are provided for convenience and, therefore, information on or available through the website is not, and should not be deemed to be, incorporated by reference herein.
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.mysuncoast.com/prnewswire/2022/07/21/union-pacific-reports-second-quarter-2022-results/ | 2022-07-21T12:48:25Z |
Santander’s 3-run HR in 9th leads Orioles over Yankees 9-6
By TODD KARPOVICH
Associated Press
BALTIMORE (AP) — Anthony Santander lined a three-run homer in the ninth inning off Lucas Luetge and the Baltimore Orioles avoided a four-game sweep by beating the New York Yankees 9-6. New York lost for just the second time in 11 games and is still a major-league best 28-10. The Yankees fell to 18-1 when scoring five runs or more this season. The Yankees were down to their last out in the ninth when DJ LeMahieu hit an RBI single off closer Jorge Lopez that tied it at 6. The Orioles answered when Austin Hays reached on a throwing error by third baseman Josh Donaldson. One out later, Trey Mancini singled and Santander followed with a drive to left field for his seventh homer of the season. | https://localnews8.com/sports/ap-national-sports/2022/05/19/santanders-3-run-hr-in-9th-leads-orioles-past-yankees-9-6/ | 2022-05-19T22:10:55Z |
Verstappen cruises to win in inaugural Miami Grand Prix
By JENNA FRYER
AP Auto Racing Writer
MIAMI GARDENS, Fla. (AP) — Max Verstappen used an aggressive early pass on Formula One championship leader Charles Leclerc then controlled the inaugural Miami Grand Prix to pick up his third win of the season. The reigning world champion started third but Red Bull quickly got the best of Ferrari for a second consecutive race. Leclerc and Carlos Sainz Jr. had locked up the front row in qualifying for Ferrari, but Verstappen pounced at the start to get ahead of Sainz. He then set his sights on Leclerc and used a strong outside pass on the ninth lap to claim the lead. | https://localnews8.com/sports/ap-national-sports/2022/05/08/verstappen-cruises-to-win-in-inaugural-miami-grand-prix/ | 2022-05-09T02:14:21Z |
WASHINGTON , May 5, 2022 /PRNewswire/ -- Media accreditation is now open for SpaceX's 25th cargo resupply mission for NASA to the International Space Station. Liftoff of the cargo Dragon spacecraft on a Falcon 9 rocket is targeted for 11:30 a.m. EDT Tuesday, June 7, from Launch Complex 39A at NASA's Kennedy Space Center in Florida.
SpaceX's Dragon spacecraft will deliver new science investigations, supplies, and equipment for the international crew, including a study of immune aging and potential for reversing those effects. It also will carry an investigation from a team of students at Stanford University that will test the process of creating biopolymer soil composite, a concrete alternative, in microgravity.
Media prelaunch and launch activities will take place at Kennedy. International media must apply by Monday, May 9, and U.S. media must apply by Thursday, May 19.
Media wishing to take part in person must apply for credentials at:
Credentialed media will receive a confirmation email upon approval. For questions about accreditation or to request special logistical requests such as space for satellite trucks, tents, or electrical connections, please email: ksc-media-accreditat@mail.nasa.gov by Monday, May 30. For other questions, please contact Kennedy's newsroom at: 321-867-2468.
Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitar entrevistas en español, comuníquese con Antonia Jaramillo at: antonia.jaramillobotero@nasa.gov or 321-501-8425.
Other studies launching include an investigation looking at the behavior of sutures and wound healing in microgravity, as well as one studying how soil microorganisms function in space. Dragon's external cargo "trunk" will carry the Earth Surface Mineral Dust Source Investigation (EMIT) instrument and a Battery Charge/Discharge Unit as part of an investigation led by NASA's Jet Propulsion Laboratory in Southern California. The EMIT instrument will be installed on the exterior of the space station to map mineral dust blown into the air on Earth to advance our understanding of dust's effects throughout the Earth system and to human populations now and in the future.
Cargo resupply by U.S. companies significantly increases NASA's ability to conduct more investigations aboard the orbiting laboratory. Those investigations lead to new technologies, medical treatments, and products that improve life on Earth. Other U.S. government agencies, private industry, and academic and research institutions can also conduct microgravity research through our partnership with the ISS National Laboratory.
Humans have occupied the space station continuously since November 2000. In that time, 258 people and a variety of international and commercial spacecraft have visited the orbital outpost. It remains the springboard to NASA's next great leap in exploration, including future missions to the Moon under Artemis and eventually Mars.
For more information about cargo resupply missions, visit:
View original content to download multimedia:
SOURCE NASA | https://www.kxii.com/prnewswire/2022/05/05/nasa-invites-media-spacexs-25th-cargo-launch-space-station/ | 2022-05-05T20:57:08Z |
Lookout's cloud security solutions help Texas state and local government agencies protect sensitive data and reduce the risk of cyber attacks
SAN FRANCISCO, July 12, 2022 /PRNewswire/ -- Lookout, Inc., a leader in endpoint and cloud security solutions, today announced it has been authorized to operate the Lookout Security Platform on TX-RAMP, Texas' state risk and authorization management program for cloud computing services. The Lookout Security Platform is a scalable cloud-delivered solution that helps agencies secure their hybrid workforce and protect sensitive data by providing advanced data protection and threat prevention across all cloud services including internet, web apps, email and private applications.
The Texas Department of Information Resources (DIR) established TX-RAMP in 2021 to standardize its approach for security assessment, authorization and continuous monitoring of cloud computing services for its technology partners that handle state agencies' data.
With its TX-RAMP authorization, Lookout can now offer accessible Zero Trust tools to Texas state agencies, institutions of higher education and local government entities to help protect and modernize their information technology environments. The Lookout Security Platform enables government agencies to meet the OMB-mandated Zero Trust framework requirements by mitigating risk while enabling critical initiatives like telework. To deliver this security, Lookout leverages its unified Cloud Access Security Broker (CASB), Zero Trust Network Access (ZTNA), Secure Web Gateway (SWG) technologies and Mobile Endpoint Security (MES) along with its granular data security and data access policies, into a single solution.
To secure agency data across all cloud services, the Lookout Security Platform delivers a triple-play integration of User and Entity Behavior Analytics (UEBA), Data Loss Prevention (DLP) and Enterprise Digital Rights Management (EDRM). The combined technology solutions protect data against insider threats and credential harvesting, while dynamically adapting to changes in user and device risk posture and preventing agency data from being exposed to unauthorized users. This security optimization permits unified data protection policies to be consistently applied across all users, devices and applications, improving security administration.
"With this certification, Lookout is poised to help Texas state agencies and institutions in their journey towards a more secure zero trust environment," said Tony D'Angelo, vice president of Public Sector, North America at Lookout. "Network complexity and increasingly distributed workforces increases the need for tools that can seamlessly safeguard an enterprises' IT systems and quickly identify potential user threats. The Lookout Security Platform addresses this need and delivers peace of mind to these government agencies."
The Lookout Security Platform has obtained a TX-RAMP Level 2 certification, allowing it to be used on moderate or high-impact systems with confidential/regulated data. Lookout also currently holds a provisional authority-to-operate (P-ATO) with the Federal Risk and Authorization Management Program (FedRAMP). Lookout was also the first mobile security solution to achieve StateRAMP Authorized, Federal JAB status. These milestones demonstrate its validation and compliance with the strict requirements to offer both mobile and cloud security services to public sector agencies.
Earlier this year Gartner named Lookout a Visionary in the 2022 Magic Quadrant for Security Service Edge (SSE)¹. Lookout scored among the top three solutions in the 2022 Gartner Critical Capabilities for SSE² in each of the four use cases. Gartner defines SSE as a platform that converges cloud-centric security capabilities to facilitate secure access to the web, cloud services (SaaS) and private applications.
For more information on how Lookout secures state and local government, please visit: https://www.lookout.com/solutions/government/state-and-local.
Lookout is a Presidential Sponsor at the Texas Association of State Systems for Computing and Communications (TASSCC) Annual Conference in San Antonio, TX, July 31-August 3. Schedule a demo to learn more: https://www.lookout.com/contact/request-a-demo.
About Lookout
Lookout is a leader in endpoint and cloud security solutions. Our mission is to secure and empower our digital future in a privacy-focused world where mobility and cloud are essential to all we do for work and play. We enable consumers and employees to protect their data, and to securely stay connected without violating their privacy and trust. Lookout is trusted by millions of consumers, the largest enterprises and government agencies, and partners such as AT&T, Verizon, Vodafone, Microsoft, Google, and Apple. Headquartered in San Francisco, Lookout has offices in Amsterdam, Boston, London, Sydney, Tokyo, Toronto and Washington, D.C. To learn more, visit www.lookout.com and follow Lookout on its blog, LinkedIn, and Twitter.
Contact Lookout PR: press@lookout.com
GARTNER and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
© 2022 Lookout, Inc. LOOKOUT®, the Lookout Shield Design®, LOOKOUT with Shield Design®, SCREAM®, and SIGNAL FLARE® are registered trademarks of Lookout, Inc. in the United States and other countries. EVERYTHING IS OK®, LOOKOUT MOBILE SECURITY®, POWERED BY LOOKOUT®, and PROTECTED BY LOOKOUT®, are registered trademarks of Lookout, Inc. in the United States; and POST PERIMETER SECURITY ALLIANCE™ is a trademark of Lookout, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.
1 Gartner, "Magic Quadrant for Security Service Edge," John Watts, Craig Lawson, Charlie Winckless, Aaron McQuad, February 15, 2022.
2 Gartner, "Critical Capabilities for Security Service Edge," Craig Lawson, Charlie Winckless, John Watts, Aaron McQuaid, February 16, 2022.
View original content to download multimedia:
SOURCE Lookout | https://www.kxii.com/prnewswire/2022/07/12/tx-ramp-authorizes-lookout-security-platform-level-2-certification/ | 2022-07-12T11:12:49Z |
ALBANY — The Albany State University campus was awash this week with bright blue and gold during a weeklong celebration of Founder’s Day and the school’s 119th anniversary.
Albany State students, faculty and boosters gathered in the Billy C. Black Auditorium for the Founder’s Day Convocation Friday. Following the annual program, officials and family members placed wreaths at the gravesite of founder Joseph Winthrop Holley and William Henry Dennis Sr., who was named president in the 1950s.
Holley, a South Carolina native whose parents were former slaves, was informed of the bleak conditions in the lives of the region’s black residents in the writings of W.E.B. DuBois and, reportedly encouraged by Booker T. Washington, moved to Albany to establish a school.
In 1903, Holley purchased land in the city and founded the Albany Bible and Training Institute, which, initially, a handful of students attended.
Exciting the crowd on Friday, Portia Holmes Shields, Albany State’s seventh, and first female, president, recounted some of the founder’s struggles and triumphs during the early years at the institution that began offering grade-school level classes focusing on religious studies, agriculture and homemaking skills, and today offers graduate degrees.
On one occasion, Shields said, Holley was offered a cow by a white farmer. Talking the farmer into doubling the offer, the president chose two that had just given birth so when he led them out they were followed by their calves, giving him a total of four cows. On the way back to campus, Holley stopped at the residence of a black farmer, who offered a pig because he could not give a cow, as Holley sought to have the black population invested in the school as well.
“The money had to come from the bankers of Albany,” Shields said. “He was able to make them see the advantages (of the school) for themselves. He built a Bible school at first, because people around here would accept it.”
After his initial success, however, Holley worked to improve educational opportunities, she said.
In 1917, the state of Georgia began providing financial support, and Albany State expanded from basic education to a two-year college as the Georgia Normal and Agricultural College. The school later joined the University System of Georgia, and in 1943 was granted four-year status with a third name: Albany State College.
Holley had to deal with the times, when some white residents opposed educating black students, and on one occasion armed himself to protect the students, Shields said.
“Dr. Holley’s full measure was tested when he heard there were Klansmen on horses on the way to the campus,” she said. “He (grabbed) his rifle.
“I call this inspired genius; he got the job done.”
Finally, Shields encouraged ASU students to stick to their studies and fulfill Holley’s legacy.
“My dad used to say, ‘It’s not to the swift, but to we that endureth to the end,’” she said. “Maybe you do it in four, maybe five years and maybe six years, but please persevere to the end.”
During the convocation, current President Marion Fedrick presented plaques to 14 employees who have been working at Albany State for more than 25 years, an annual tradition. | https://www.albanyherald.com/news/albany-state-founder-joseph-winthrop-holley-honored-during-annual-convocation/article_cb3ba5ba-b829-11ec-859f-4f2fe8401a08.html | 2022-04-10T21:55:52Z |
Bonus: Lottery winner carries winning ticket in purse for weeks before realizing she won
Published: Sep. 10, 2022 at 2:18 PM CDT|Updated: 10 minutes ago
BATH COUNTY, Ky. (WKYT/Gray News) - A Kentucky woman says she had a winning scratch-off ticket and didn’t know it for weeks.
According to the Kentucky Lottery, the woman told officials she had the $5 ticket in her purse for two weeks before realizing she had won $80,000.
WKYT reports it wasn’t until she and her son were running an errand that she found it. Her son scratched it off and found out she was a big winner.
After taxes, lottery officials said she’s getting a check for more than $55,000.
The Kentucky Lottery said she bought the winning ticket at a Liberty Mart in Owingsville. The store will get an $800 bonus.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/10/bonus-lottery-winner-carries-winning-ticket-purse-weeks-before-realizing-she-won/ | 2022-09-10T19:30:57Z |
For $4.99 a month, DashPass for Students members can enjoy a new level of convenience and savings from their favorite merchants at a price that is so worth it
SAN FRANCISCO, April 11, 2022 /PRNewswire/ -- DoorDash (NYSE: DASH) today announced the launch of DashPass for Students, the new membership plan for college students that unlocks the best of the local community both on and off campus. For just $4.99 a month, DashPass for Students is the ultimate tool and most convenient and wallet-friendly option for students to get whatever they need on DoorDash delivered on-demand, from thousands of eligible restaurants, convenience and grocery stores, and local and national retailers.
At half the price of a standard monthly DashPass membership, DashPass for Students members will enjoy access to always-on benefits and perks including unlimited $0 delivery fees on eligible orders over the minimum subtotal plus 10% off order subtotals year-round from reduced service fees, 5% DoorDash credits back on every eligible Pickup order, and members-only promotions and DashPass exclusive menu items. The DashPass for Students membership is eligible for all undergraduate and graduate students at accredited colleges and universities in the US.
"Access to convenient, fast, and affordable ways to get everything you need is key for busy students on the go," said Kofi Amoo-Gottfried, CMO at DoorDash. "With the launch of DashPass for Students, we're excited to change the game for students with a plan that's designed specifically for them and provides access to everything from late night study snacks and grocery items to school supplies and dorm essentials."
In celebration of the launch, Buffalo Wild Wings' new Doritos® Flamin' Hot Nacho Wings will be available for delivery for a limited time, exclusively for all DashPass members*. The wings are tossed in the new Doritos® Flamin' Hot Nacho flavored sauce and topped with Doritos® Flamin' Hot Nacho chip crumbles. Whether looking to satisfy a late night craving or fueling up before a study session, these are sure to be a sought-after menu item.
DoorDash also launched a multi-platform marketing campaign to celebrate the launch of the DashPass for Students membership titled "So Worth It". The creative will span digital, social, and on-campus activations. To capture the essence of the membership, the commercials were shot entirely by a student director, UCLA School of Theater, Film and Television graduate student Julie Piscina.
With over 10 million members globally and growing, DashPass is the industry-leading membership program that more and more consumers are using to unlock the best of their neighborhood delivered for less on DoorDash.
To sign up for a DashPass for Students membership plan and to learn more about eligibility requirements, visit the website here. New, first-time DashPass members can enjoy a free 30-day trial**. If students want to save even more, they can choose the Annual Student Plan option for $48 a year.
About DoorDash
DoorDash (NYSE: DASH) is a technology company that connects consumers with their favorite businesses across the United States, Canada, Australia, Japan, and Germany. Founded in 2013, DoorDash enables local businesses to address consumers' expectations of ease and immediacy and thrive in today's convenience economy. By building the logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time.
*TERMS & CONDITIONS: Offer valid for DashPass subscribers only while supplies last. All deliveries subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. Offer can only be redeemed on DoorDash.com or on the DoorDash app with the latest version, and within DoorDash service areas and delivery hours. Non-transferable. DoorDash reserves the right to modify or cancel offer at any time.
**Must be a current student at an accredited college or university in the US to enroll in DashPass Student Plan. Free 30-day trial offer valid for first-time DashPass subscribers only until 12/31/22. Free trial offer valid for 30 days from day on which it is initiated. DashPass benefits apply only on eligible orders from DashPass merchants that meet the minimum subtotal requirement. Subtotal minimums will be identified for each DashPass merchant on DoorDash. After free trial ends, you will be automatically charged the then-current rate ($4.99/month or $48/year depending on the specific DashPass Student Plan selected – prices subject to change) on a recurring basis until you cancel or your DashPass Student Plan membership is terminated. Other fees, including service fees, taxes & gratuity may apply. Orders subject to availability. Must have or create a valid DoorDash account with a valid form of accepted payment on file. See full terms: doordash.com/terms.
View original content to download multimedia:
SOURCE DoorDash | https://www.mysuncoast.com/prnewswire/2022/04/11/doordash-launches-dashpass-students-membership-college-students-nationwide/ | 2022-04-11T14:37:45Z |
NEW YORK, June 23, 2022 /PRNewswire/ -- FEND, an independent design team led by New York City bike commuters, announced today the launch of the new ultra-compact FEND SUPER. The innovative design offers the world's first ultra-compact bike helmet with ultra-bright lights designed to exceed US CPSC and European EN1078 safety standards for bicycles, scooters, skateboards, and e-bikes under 20 mph.
The company's first helmet, created by the founder in the wake of a serious bike accident in New York City, was honored by the Red Dot and Edison Design Awards. FEND SUPER offers safety and convenience for daily commuters and weekend riders, at an affordable price. The FEND SUPER, which includes new safety light features, was fully funded on Kickstarter in just 4 hours and has raised over three times the project goal. The helmet's sleek new design folds to 50% of its size, making it easy to store in a backpack or bag.
"The FEND SUPER is revolutionizing rider safety for micro-mobility users. We are reimagining what a helmet can be while helping riders get to where they are going safely," said Christian Von Heifner, FEND Co-Founder, and Design Engineer. "We are dedicated to helping improve the future of city mobility, with an ultra-portable, comfortable helmet that riders want to wear."
The FEND SUPER features a durable ABS shell and high-impact EPS core. Ultra-bright, rechargeable lights improve rider visibility up to 800 meters away. To improve comfort in all seasons, the helmet features 12 airflow vents, soft foam pads, and adjustable straps. FEND donates 1% of annual sales towards non-profit organizations supporting environmental solutions as a member of 1% for the Planet.
To learn more about the FEND SUPER and join the company's mission to make riding safer, click here.
FEND has radically changed the helmet experience by creating an award-winning folding helmet that fits all lifestyles. Based in NYC, FEND focuses on innovation, safety, and design with the belief in the future of cities and conscious mobility. FEND aims to make it easier and safer to ride and to leave our environment better than when we found it. The FEND folding helmet will change the way you ride. The road awaits...
Contact: hello@fend.io
View original content:
SOURCE FEND Corp | https://www.wibw.com/prnewswire/2022/06/23/fend-launches-foldable-bike-helmet-kickstarter-over-350-funded/ | 2022-06-23T14:52:09Z |
Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music platforms this week.
MOVIES
— In the almost 25 years since Princess Diana died, there has never been any shortage of content examining the enormous impact and intrigue of her short life. But a new documentary from director Ed Perkins, “The Princess,” which debuted earlier this year at the Sundance Film Festival and is available on HBO (and HBO Max), turns the lens back on us. The film doesn’t have any talking heads or voiceover, but instead uses only archival footage to tell a different kind of story. It is a meditative, transportive experience that is surprisingly effective.
— Two of this summer’s most delightful theatrical releases “Mrs. Harris Goes to Paris” and “Mr. Malcolm’s List” are quietly now available to rent on demand and watch from home. The former is a grounded fantasy adorned with mid-century designer lore, featuring Lesley Manville as a post-WWII British housekeeper and widow. She dreams of owning a Christian Dior gown and must travel to Paris to get one (and her middle-age Sabrina moment). “Mr. Malcolm’s List,” meanwhile, is an ode to Jane Austen — a Regency-era romance full of gossip, intrigue and high society hijinks starring Freida Pinto, Zawe Ashton and Ṣọpẹ́ Dìrísù as the titular Mr. Malcolm.
— On the other streamers, Lili Reinhart, of “Riverdale” fame, leads a Netflix pic “Look Both Ways” about a college senior whose life splits into parallel realities on graduation night. In one, she gets pregnant and has to move home to Texas. In another, she heads to Los Angeles to start her career. Co-starring “Top Gun: Maverick’s” Danny Ramierz, “Look Both Ways” hits Netflix on Wednesday. And for those looking for a scare, Paramount+ is debuting “Orphan: First Kill” on Friday. The film is a prequel to Jaume Collet-Serra’s 2009 horror “Orphan” and follows Esther as she escapes from an Estonian psychiatric facility and makes her way to America.
— AP Film Writer Lindsey Bahr
MUSIC
— Demi Lovato’s next album flirts with NSFW. “Holy Fvck” is both a track and the title of the 16-song album, out Friday. “I felt like it was a great, eye-catching title track for the rest of the album,” the pop star told SiriusXM. “And especially because there’s songs on the album that have, like, kind of religious undertones, there’s songs on the album that have this dichotomy of good and bad, and that song kind of represented both.” The album’s first punky single “Skin of My Teeth,” is about Lovato’s struggles with sobriety. “The reaper knocks on my door/’Cause I’m addicted to more,” she sings.
— What did you accomplish during the pandemic? The indie rock band the Mountain Goats released three new studio albums with a fourth on the horizon. That newest album, “Bleed Out,” is set to come out on Friday and is described as “a cinematic experience inspired by action films from the ’60s, ’70s, and ’80s.” The first single, “Training Montage,” comes with a video that is all manner of silly, with the band doing pushups, running down stairs and riding skateboards. Oh, and while you wait for the album, frontman John Darnielle also managed to release the true-crime novel, “Devil House,” earlier this year.
— Don’t panic, Brendon Urie is back. His band Panic! At The Disco offers the album “Viva Las Vengeance” on Friday, led by the sugary single “Middle of a Breakup” and the high-energy title track. “‘Viva Las Vengeance’ is a look back at who I was 17 years ago and who I am now with the fondness I didn’t have before. I didn’t realize I was making an album and there was something about the tape machine that kept me honest,” Urie says. It’s Panic’s first music since the 2018 release of “Pray for the Wicked.” You can also catch the band at this year’s MTV VMAs on Aug. 28.
— AP Entertainment Writer Mark Kennedy
TELEVISION
— The high-stakes drama is off the court in “Legacy: The True Story of the LA Lakers,” a 10-part docuseries debuting Monday on Hulu. The series promises to detail how real estate magnate Jerry Buss’ 1979 acquisition of the team led to its transformation into a championship, multibillion-dollar franchise — business and family conflict included. There’s a Buss connection to the series: Jeanie Buss, his daughter and the Lakers CEO and controlling owner, is an executive producer. Filmmaker Antoine Fuqua (“Training Day”) directed, with Shaquille O’Neal, Magic Johnson and Kareem Abdul-Jabbar among those interviewed.
— Tatiana Maslany won a lead actress Emmy in 2016 for playing some half-dozen characters in “Orphan Black.” A nine-episode Disney+ comedy series set in the Marvel universe gives her two sides of one coin to work with. “She-Hulk: Attorney at Law,” Jennifer Lewis’ career takes a turn after a transfusion from her cousin Bruce Banner, aka the Hulk, makes her a very reluctant superhero and courtroom advocate for her peers. Familiar Marvel faces in the series debuting Thursday, include Mark Ruffalo as Smart Hulk, Tim Roth as Emil Blonsky-the Abomination, and Benedict Wong as Wong.
— It’s been three years-plus since “Game of Thrones” called it a wrap, but who’s counting? The fans who’ve awaited its prequel, “House of the Dragon,” finally arriving Sunday, on HBO. The story of the House of Targaryen, set two centuries before “Game of Thrones,” is based on George R.R. Martin’s “Fire & Blood.” The cast includes Paddy Considine as King Viserys Targaryen, whom the lords of Westeros picked to succeed his grandfather, and Matt Smith as Prince Daemon Targaryen, his younger brother with “the true blood of the dragon.” Could there possibly be trouble brewing?
— AP Television Writer Lynn Elber
___
This story has been corrected to show that Jeanie Buss is the daughter of Jerry Buss.
___
Catch up on AP’s entertainment coverage here: https://apnews.com/apf-entertainment. | https://cw33.com/entertainment-news/ap-entertainment/new-this-week-house-of-the-dragon-lakers-doc-and-lovato/ | 2022-08-16T00:44:51Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (NEO: MMED), (the "Company" or "MindMed"), announces the voting results of the Company's annual general and special meeting of shareholders held on June 1, 2022 (the "Meeting").
The five nominees of management were elected as directors at the Meeting. The voting results for the election of each director nominee are as follows:
At the Meeting, KPMG LLP was appointed as the auditor of the Company for the ensuing year and the directors were authorized to fix the remuneration to be paid to the auditor.
At the Meeting, shareholders approved the alteration to the Company's share structure to eliminate the Multiple Voting Shares of the Company and re-designate the Subordinate Voting Shares as Common Shares of the Company.
MindMed is a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, with a particular focus on psychiatry, addiction, pain and neurology. Our mission is to be the global leader in the development and delivery of treatments that unlock new opportunities to improve patient outcomes. We are developing a pipeline of innovative drug candidates, with and without acute perceptual effects, targeting the serotonin, dopamine and acetylcholine systems.
MindMed trades on NASDAQ under the symbol MNMD and on the Canadian NEO Exchange under the symbol MMED.
For Media: media@mindmed.co
For Investors: ir@mindmed.co
View original content to download multimedia:
SOURCE Mind Medicine (MindMed) Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/mindmed-announces-voting-results-annual-general-special-meeting/ | 2022-06-01T23:00:31Z |
SAN FRANCISCO, August 15, 2022 /PRNewswire/ -- Newfront, a tech-enabled, full-service brokerage, participated in the William Blair 5th Annual Insurance Technology Conference earlier this month. CEO and Co-Founder Spike Lipkin spoke during a panel discussion focusing on Upgrading Distribution in the industry.
"Technology is rapidly changing the landscape of the insurance industry," said Spike. "Newfront is proud to blaze a trail as we build the modern insurance experience, combining our industry expertise and carrier relationships with technology."
Spike was joined by other industry leaders to discuss where data makes a difference in insurance and making consumer engagement more efficient with tech stacks.
This year's virtual conference experience offered a series of live panel discussions with experts that are shaping the insurance and banking landscape while driving technology adoption in today's highly dynamic global environment. Attendees included a mix of institutional investors and industry executives.
Newfront is transforming the delivery of risk management, employee experience, insurance, and retirement solutions by building the modern insurance platform. Transparent data delivered real-time translates into a lower total cost of risk and greater insights. Newfront makes insurance work for you.
Headquartered in San Francisco, Newfront has offices throughout the country and is home to more than 750 employees who serve clients across the United States and globally. Learn more about building the modern insurance experience here.
William Blair is the premier global boutique with expertise in investment banking, investment management, and private wealth management. We provide advisory services, strategies, and solutions to meet our clients' evolving needs. As an independent and employee-owned firm, together with our strategic partners, we operate in more than 20 offices worldwide.*
*Includes strategic partnerships with Allier Capital, BDA Partners, and Poalim Capital Markets.
Chief Marketing Officer
Newfront
View original content to download multimedia:
SOURCE Newfront | https://www.kxii.com/prnewswire/2022/08/15/newfront-featured-5th-annual-william-blair-insurance-technology-conference/ | 2022-08-15T13:49:34Z |
Solution can now be sold in the U.S. and around the world, providing customers an alternative to the SAS language environment
TROY, Mich., June 27, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), paid and fully satisfied the 2019 North Carolina judgment SAS Institute obtained against recently acquired World Programming (WPL), a UK-based technology company that specializes in data analytics software. Shortly thereafter on March 3, 2022, the North Carolina court lifted the injunction that had previously prevented WPL from licensing its solutions to new customers in the United States. Altair can now license WPL solutions to customers in the United States and around the world.
With its payment of the 2019 North Carolina judgment, Altair brought an end to nearly 12 years of litigation between SAS and WPL except for an appeal filed by SAS in the Court of Appeals for the Federal Circuit after a federal court in Texas ruled against SAS on its copyright and patent claims.
"WPL exemplifies our dedication to open architecture technology, which we believe is the best way people can harness innovation, improve products, and get the most from their work. Offering the flexibility to translate and interchange coding languages will allow organizations to build the foundation for more robust, powerful, and agile organizational processes," said James R. Scapa, founder and chief executive officer, Altair. "Now, companies in any industry across the globe can embrace open-source languages and technology while simultaneously leveraging the decades of investment they've put into the SAS language."
WPL's technology has been brought into the Altair suite of data analytics solutions and allows users to develop and execute software solutions in multi-language coding environments. Customers can utilize modern, open-source languages like Python, R, and SQL alongside established, legacy languages like the SAS language. These products include:
- Altair SLC: Runs programs written in the SAS language syntax without users needing to translate it or license third-party products. Also features a built-in SAS language compiler that runs the SAS language and SQL code and utilizes Python and R compilers to run Python and R code and exchange SAS language datasets, Pandas, and R data frames.
- Altair SmartWorks Hub: Gives users and organizations centralized governance and deployment services for every step in the data analytics lifecycle. Also lets organizations control access to data sources and deployed applications, stores audit logs about all user actions, and gives all users the power to handle tasks once considered the exclusive domain of information technology (IT) and DevOps teams.
- Altair Analytics Workbench: Empowers users to break down data silos, improve productivity, and reduce costs by giving teams a single platform where all users can connect, prepare, discover, and model any data. Also gives users an intuitive, drag-and-drop interface that lets them include Python, R, and SQL code into their SAS language programs – without needing to license third-party programs to run the SAS language programs.
With the acquisition of WPL, Altair is the first company to give organizations an alternative environment with the flexibility to leverage their decades of investment in the SAS language alongside modern, open-source coding languages, giving them the true power of a hybrid approach. Customers don't have to reprogram old code if they want to incorporate existing SAS language code into new platforms where R, SQL, or Python is the dominant language. Additionally, organizations can use the newly acquired WPL technology to integrate SAS language code that has been running on outdated servers into new servers without having to worry about incurring additional power-based licensing costs.
Altair SLC, Altair SmartWorks Hub, and Altair Analytics Workbench are available via Altair Units, which gives customers easy access to Altair's entire portfolio of software solutions.
About Altair
Altair is a global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. For more information, visit https://www.altair.com/.
View original content to download multimedia:
SOURCE Altair | https://www.mysuncoast.com/prnewswire/2022/06/27/court-lifts-final-injunction-favor-altair-world-programming-case/ | 2022-06-27T11:30:58Z |
Teen shoots 2 suspects in attempted home invasion, sheriff says
CHANNELVIEW, Texas (Gray News) - Two men suspected in an attempted home invasion are dead after a teenager inside the house opened fire on them, according to the sheriff’s office.
The incident happened around 10:40 a.m. Friday. The Harris County Sheriff’s Office says three male suspects, armed and wearing masks, attempted to force entry into a home in Channelview, Texas. A woman, a 12-year-old boy and two 17-year-old boys were inside.
One of the 17-year-old boys got a shotgun and fired it at the suspects, killing two of them, according to deputies. The third suspect fled the scene in a dark-colored, four-door sedan.
The Harris County District Attorney’s Office recommended the case be presented to a grand jury.
The investigation is ongoing.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/11/teen-shoots-2-suspects-attempted-home-invasion-sheriff-says/ | 2022-09-11T08:35:56Z |
Index 5.1% Above July 2021
WASHINGTON, Aug. 23, 2022 /PRNewswire/ -- American Trucking Associations' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index fell 1.1% in July after rising 0.5% in June. In July, the index equaled 116.2 (2015=100) versus 117.5 in June.
"Tonnage declined sequentially in July for only the second time during the last twelve months. Despite the dip from June, tonnage remains at elevated levels and increased significantly from a year earlier," said ATA Chief Economist Bob Costello. "While tonnage is much stronger than a year ago, the monthly gains have moderated as the year has gone on. The combination of softer consumption of goods, home construction falling and slower manufacturing activity are the main reasons."
June's increase was revised down from our July 19 press release.
Compared with July 2021, the SA index increased 5.1%, which was the eleventh straight year-over-year gain. In June, the index was up 5.6% from a year earlier. Year-to-date, compared with the same period in 2021, tonnage was up 3.4%.
The not seasonally adjusted index, which represents the change in tonnage actually hauled by fleets before any seasonal adjustment, equaled 115.5 in July, 5.2% below the June level (121.9). In calculating the index, 100 represents 2015. ATA's For-Hire Truck Tonnage Index is dominated by contract freight as opposed to spot market freight.
Trucking serves as a barometer of the U.S. economy, representing 72.5% of tonnage carried by all modes of domestic freight transportation, including manufactured and retail goods. Trucks hauled 10.23 billion tons of freight in 2020. Motor carriers collected $732.3 billion, or 80.4% of total revenue earned by all transport modes.
ATA calculates the tonnage index based on surveys from its membership and has been doing so since the 1970s. This is a preliminary figure and subject to change in the final report issued around the 5th day of each month. The report includes month-to-month and year-over-year results, relevant economic comparisons, and key financial indicators.
American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation's freight. Follow ATA on Twitter or Facebook. Trucking Moves America Forward
View original content to download multimedia:
SOURCE American Trucking Associations | https://www.kxii.com/prnewswire/2022/08/23/ata-truck-tonnage-index-decreased-11-july/ | 2022-08-23T16:44:10Z |
Late U.S. Sen. Orrin Hatch to be honored at Utah Capitol
Associated Press
SALT LAKE CITY (AP) — U.S. Sen. Orrin G. Hatch is scheduled to lie in state at the Utah Capitol rotunda on Wednesday, a week and a half after passing away in Salt Lake City at 88 years old.
Family, friends, colleagues and members of the public are expected to come and pay their respects Wednesday afternoon. State officials are scheduled to lay wreaths honoring the late senator.
Hatch, who represented Utah in the Senate for more than four decades, ended his tenure as the Senate’s longest-serving Republican in 2019. He was known to constituents and colleagues as a steadfast conservative who opposed abortion and supported tax and spending cuts yet throughout his career repeatedly brokered compromises with Democrats on policies including protections for people with disabilities and health insurance for children.
Though other members of the U.S. Senate who have recently passed away have lain in state at the U.S. Capitol, including Sens. Harry Reid, D-Nev., and Bob Dole, R-Kan., Hatch’s foundation said they chose to honor him in Utah due to his connection to the state. | https://localnews8.com/news/ap-utah/2022/05/04/late-u-s-sen-orrin-hatch-to-be-honored-at-utah-capitol/ | 2022-05-04T18:03:57Z |
PARIS, June 28, 2022 /PRNewswire/ -- As climate change continues to present new and complex challenges to leaders around the globe, innovative new AI solutions can help measure, reduce, and remove emissions more effectively; support communities and economies as they adapt to the changing environment; and support overall climate action through research, climate finance, and education. However, numerous roadblocks to implementation at scale remain, from inadequate funding and training to a lack of access to decision makers and best practices.
The AI for the Planet Alliance, a newly formed neutral and international organization to drive AI solutions for climate change at scale, is therefore encouraging all interested parties to participate in its first call for solutions for promising innovations in climate AI. The alliance is accepting proposals in any stage of maturity—if ready for a first pilot, at minimum—and from any sector, whether private, public, or nonprofit. Support for each solution chosen will be tailored to its needs and can range from customized commercial or technical support to investor relationships and network development.
Eligible solutions will receive the following:
- Recognition and Credibility: Solutions will be included in an AI for the Planet repository of climate AI solutions.
- Access: Solutions will receive invitations to AI for the Planet events that convene global experts in climate and AI. Highly ranked solutions will be eligible for speaking opportunities.
- Potential Prizes: The alliance will select a top ten list of solutions, and specific prizes to help top solutions scale up will be awarded at the discretion of the individual organization offering each prize. Prizes may include financial support in the form of a grant or investment, business and technical support to help overcome a specific challenge, and/or networking opportunities.
- The first announced prize will be provided by Boston Consulting Group (BCG) and BCG GAMMA, which will share their strategic and technical expertise with a top solution.
"The AI for the Planet Alliance is seeking teams and ideas that have the power to disrupt the climate crisis and make a meaningful difference using advanced analytics and AI. While there are still numerous roadblocks to implementation, we are excited to help new solutions push past those roadblocks and achieve their potential at scale," says Damien Gromier, founder and co-chair of AI for the Planet.
"AI's potential to lessen climate change is huge, from measurement of emissions to improving projections for hazards like sea-level rise. That's why the AI for the Planet Alliance wants to find the best AI climate change solutions worldwide and accelerate their adoption and scale across the Global North and Global South," says Mark Minevich, AI for the Planet co-chair.
If interested, you can learn more about the competition and apply here. Applications are due October 15, 2022.
Media Contact:
Damien Gromier
damien.gromier@startupinside.com
About the AI for the Planet Alliance
AI for the Planet is an alliance created by Startup Inside, with Boston Consulting Group (BCG) and BCG GAMMA as knowledge partners, and in collaboration with the AI for Good Foundation; the United Nations Development Programme (UNDP); the United Nations Educational, Scientific and Cultural Organization (UNESCO); and the UN Office of Information and Communications Technology (OICT).
It is a unique, multidisciplinary, and diverse coalition intended to: 1. Promote innovation in applying advanced analytics and artificial intelligence (AI) to climate challenges, supported by global experts from academia, startups, and the public and private sectors; 2. Act as a global platform for identifying and prioritizing the leading tools and use cases for AI in addressing the climate crisis; 3. Identify and champion the most promising solutions for addressing climate change mitigation and adaptation and resilience, especially in the Global South, offering the solutions visibility and recognition; 4. Ensure impact at scale through concrete and measurable actions, such as building access to funding and to practitioners on the ground; and 5. Facilitate the development of networks between project teams, investors, and experts in the field—including startups, corporations, and the public sector.
View original content to download multimedia:
SOURCE AI for the Planet Alliance | https://www.kxii.com/prnewswire/2022/06/28/ai-planet-alliance-launches-call-solutions-identify-support-promising-innovations-climate-ai/ | 2022-06-28T07:20:19Z |
TEGUCIGALPA, Honduras (AP) — Inmates from one of Honduras’ powerful street gangs have killed six of their own inside a prison in northwest Honduras, authorities said Monday.
Prison guards found the bodies of six inmates from the Barrio 18 gang piled in a hallway during a routine inspection early Monday in the prison in Ilama.
“We have six people who have died in that penitentiary,” National Police Deputy Commissioner Marlon Lagos said to local media. “We are investigating and doing an inspection and also interviewing the coordinators of the different modules to determine the motive.”
Lagos said he did not know how the inmates were killed, but that forensic specialists were working the scene.
At least 90 members of the Barrio 18 gang are held inside the prison for a variety of crimes ranging from drug trafficking to extortion and murder. | https://cw33.com/news/international/ap-international/6-gang-members-killed-in-honduras-prison/ | 2022-07-05T19:32:02Z |
WASHINGTON, Sept. 12, 2022 /PRNewswire/ -- The American Association of Orthopaedic Surgeons (AAOS) issued formal comments to the Centers for Medicare & Medicaid Services (CMS) on the agency's proposed payment policy changes for Calendar Year (CY) 2023. In both letters, AAOS urged the agency to address growing health care costs, expand access to care and ease physician burden as they continue to navigate patient care, amidst financial and practice management challenges exacerbated by the pandemic.
Medicare Physician Fee Schedule
The AAOS' concerns center around ongoing cuts to physician reimbursement, including a nearly 4.5 percent conversion factor reduction, while practice expenses continue to rise. In the letter, AAOS President Felix H. "Buddy" Savoie III, MD, FAAOS, explained: "With inflation soaring to 40-year highs this year, ongoing and scheduled statutory payment cuts and many physician practices still dealing with pandemic-related financial and staffing issues, the current proposal from CMS undermines the long-term sustainability of physician practices while threatening patient access to physicians participating in Medicare."
The AAOS is urging CMS to reform the current physician reimbursement system and create value-based payment models that include incentives tailored to the distinct needs of specialty physicians. It is also urging CMS to apply the RUC-recommended changes to the evaluation and management component of surgical global codes to maintain the relativity of the Physician Fee Schedule.
Dr. Savoie wrote, "The statutory prohibition on paying physicians differently for the same work applies regardless of code valuation method and the incremental increases should apply to all physicians."
Medicare Hospital Outpatient Prospective Payment and Ambulatory Surgical Center Payment Systems
The AAOS' comments address the "dangerous precedent" of increasing prior authorization in the hospital outpatient setting and its negative impact on patient care. Dr. Savoie stated that requiring approval from a third-party which is removed from clinical decision-making "erodes the doctor-patient relationship, and the ability to make decisions that are in the best interest of the patient." He added that it undermines the years of training and schooling physicians go through, and he requests that the proposal be formally removed from the final CY 2023 OPPS rule.
Another element of the rule that AAOS addressed is the proposal to remove CPT code 22632 (Arthrodesis) from the Inpatient Only (IPO) list. While AAOS believes there is enough evidence to prove the primary procedure can be done safely in the outpatient setting, it reiterated that "surgeons should decide on the actual setting of surgery and there should not be any mandates and pre-authorizations necessary to determine inpatient vs. outpatient surgery even if a procedure moves out of the IPO list."
Read AAOS' comments on CY 2022 PFS here.
Read AAOS' full comments on CY 2023 OPPS/ASC here.
About the AAOS
The American Association of Orthopaedic Surgeons (AAOS) Office of Government Relations promotes and advocates the viewpoint of the orthopaedic community before federal and state legislative, regulatory, and executive agencies. Based in Washington, DC, with additional staff in the Academy's headquarters in Rosemont, Illinois, the Office of Government Relations identifies, analyzes, and directs all health policy activities and initiatives to position the AAOS as the trusted leaders in advancing musculoskeletal health.
For more information on all AAOS advocacy efforts, visit http://www.aaos.org/dc.
View original content to download multimedia:
SOURCE American Association of Orthopaedic Surgeons | https://www.wibw.com/prnewswire/2022/09/12/aaos-comments-proposed-medicare-payment-policy-changes-2023/ | 2022-09-12T18:45:49Z |
Work Underway To Remove 500 Containers From Ever Forward To Lighten Load
By Web Staff
Click here for updates on this story
BALTIMORE, Maryland (WJZ) — Plan B is underway. Crews have been working since Saturday to lighten the load of the Ever Forward in another bid to refloat the massive container ship stuck in the Chesapeake Bay. It has been there for four weeks.
The U.S. Coast Guard and coordinating agencies started an operation Saturday to remove exactly 500 containers of its nearly 5,000 container load.
On Saturday, crews removed 23 pieces of cargo. On Sunday, 21. The Coast Guard said the operation should take two weeks, but that timeline could change for factors like weather.
The offloading happens only during the daytime for safety reasons. Once the containers are removed, tugs and pull barges will attempt another refloat.
The Ever Forward ran aground 24 feet deep into the mud on March 13.
Crews have already had to dig out at least 84,000 cubic yards of mud from around the vessel. The Department of the Environment said that’s about 27 barges worth of mud.
Two weeks ago, crews made their first refloat attempt after a week of dredging. Five tugboats couldn’t get the ship moving forward, so the next day, they tried seven tugboats. No dice.
The Evergreen Line determined last week that its shareholders would have to proportionately share the losses associated with the Chesapeake Bay debacle under a maritime law known as “general average.”
As of now, the ship has remained stable and shown no signs of pollution, but the Coast Guard and responders are continuing to monitor the ship.
The last time something like this happened was last year a ship owned by the same company, the Ever Given, got stuck and blocked the Suez Canal in Egypt, and that disrupted billions of dollars a day in global trade.
During the Suez fiasco last year, istheshipstillstuck.com, went viral, along with hundreds of Ever Given memes. That website has now been repurposed for the Ever Forward.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/11/work-underway-to-remove-500-containers-from-ever-forward-to-lighten-load/ | 2022-04-12T02:46:09Z |
WASHINGTON, Aug. 9, 2022 /PRNewswire/ -- Amplify Publishing Group, formerly known as Mascot Books, is pleased to announce an equity investment by Mudita Venture Partners and the appointment of two board members.
"As the nation's leading hybrid publisher, Amplify Publishing Group has a stellar reputation and an established track record of helping authors successfully bring their content to market," said Josh Linkner, managing partner at Mudita.
Linkner has been founder and CEO of five tech companies and currently serves as founding partner of ImpactEleven, a leading keynote speaker training organization. He is the author of four books, including two New York Times bestsellers, and will serve as APG's chairman.
"APG identified the need for a high-quality alternative to traditional publishing that provides authors with next-level service, and they have proven they can fill that void," said Linkner.
APG also welcomes the talents of longtime business journalist and media executive Eric Schurenberg to its board as director and editor-in-chief. Schurenberg was most recently the CEO of Mansueto Ventures, home to Inc. and Fast Company. In his role at APG, Schurenberg will steer the company's editorial direction.
"This company is revolutionizing and expanding not only the world of books, but also the topic areas their titles cover. I have been a fan of the organization for a while. Now, I am excited to be a part of the team," Schurenberg said.
"We are pleased to welcome Josh Linkner and Eric Schurenberg to the APG family," said publisher and CEO Naren Aryal. "The investment from Mudita Venture Partners coincides with our twentieth anniversary and our consolidation of our imprints under the Amplify Publishing Group umbrella. We are ready to continue working with exceptional authors on impactful titles."
A pioneer in the field of hybrid publishing, APG is known for bringing high-quality books to market across genres and experience levels—making the company one of the leading change agents in the push to democratize publishing. APG is currently home to six imprints: Amplify Publishing, RealClear Publishing, Tagged Publishing, Mascot Books, Subplot Publishing, and Mascot Kids.
Learn about Josh Linkner [here], Eric Schurenberg [here], or Naren Aryal [here]. Visit Mudita Venture Partners [here].
Find out more about APG's books and submit your concept [here].
View original content to download multimedia:
SOURCE Amplify Publishing Group | https://www.wibw.com/prnewswire/2022/08/09/amplify-publishing-group-announces-equity-investment-mudita-venture-partners-appointment-industry-leaders-board-directors-name-change/ | 2022-08-09T14:19:58Z |
FAIRFAX, Va. (AP) — Actor Johnny Depp told jurors Tuesday that he felt compelled to sue his ex-wife Amber Heard for libel out of an obsession for the truth after she accused him of domestic violence.
“My goal is the truth because it killed me that all these people I had met over the years … that these people would think that I was a fraud,” he said.
Depp flatly denied ever hitting Heard, calling the physical and sexual assault allegations against him disturbing, heinous and “not based in any species of truth.”
“Nothing of the kind ever happened,” Depp said in court.
Alluding to the fall his career has taken since Heard levied abuse allegations against him, the former “Pirates of the Caribbean” star said, “it’s been six years of trying times. It’s very strange when one day you’re Cinderella, so to speak, and then in 0.6 seconds you’re Quasimodo.”
For the first hour-plus of testimony Tuesday, Depp gave long, stream-of-consciousness answers to questions about his childhood and his early movie career, speaking in his signature deep baritone. After one long answer, he admitted: “I forgot what the original question was.”
Indeed, he acknowledged his meandering style, particularly as it relates to his writing style. He mentioned his long friendship and collaborations with the late gonzo journalist Hunter S. Thompson, and said he sought to emulate a style that often incorporated brash language and embellishing thoughts.
He said that led him at times to write text messages that he now finds embarrassing, and he apologized to the jury for the vulgar language he used in text messages introduced as evidence to describe Heard.
“In the heat of the moment, in the heat of the pain I was feeling, I went to dark places,” he said.
But he said he’d been waiting for six years to tell his side of the story after Heard filed for divorce against him in 2016 and sought a restraining order against him.
The trial began more than a week ago, but, prior to Tuesday, jurors had only seen the Hollywood star sitting silently with his team of lawyers as each side has tried to embarrass the other in a trial that Heard’s lawyers accurately predicted would turn into a mudslinging soap opera.
After denying Heard’s abuse allegations, Depp spoke at length about a childhood in which physical abuse from his mother was “constant.” When he became a father, Depp said, he made sure his children didn’t experience that kind of upbringing.
Depp will continue his testimony Wednesday. In Tuesday’s session, he testified primarily about the early years of his relationship with Heard, saying she seemed “too good to be true” at first.
“She was attentive,” Depp said of the woman he married in 2015. “She was loving. She was smart. She was kind. She was funny. She was understanding … We had many things in common, certain blues music … literature.”
He said there were little things, though, that gave him indications of a rocky relationship ahead. She became upset, he said, when he broke an established routine in which she took off his boots for him when he came home. And he said she was angry when he wouldn’t go to bed when she was ready.
“I didn’t understand why, as a 50-some-year-old man, I couldn’t go to sleep when I wanted to.” he said.
Depp, 58, said he was cognizant of the age difference between him and Heard, 35.
“I acknowledge the fact I was the old, craggy fogey and she was this beautiful, creature,” he said.
But Depp said that within a year and a half, it was as if Heard had become another person.
So far, Depp’s friends, family and employees have testified that Heard was the aggressor in the relationship, physically attacking him on multiple occasions. Heard’s former personal assistant testified that Heard spit in her face in a fit of rage.
Heard’s lawyers have said Depp physically and sexually assaulted her on multiple occasions, often in situations where he drank so much he later blacked out.
Depp said Heard’s allegations of his substance abuse have been “grossly embellished” and that there have been no moments where he’s been out of control.
“I’m not some maniac who needs to be high or loaded all the time,” Depp said, though he admitted to doing “a line or two” of cocaine with Heard’s sister, Whitney.
The actor said he was addicted to pain medication, which stemmed from an injury on the set of the fourth “Pirates of the Caribbean” movie. He also said he took his mother’s “nerve pills” when he was a kid.
But Depp said he detoxed from the pain medication and has experienced long periods of sobriety over the years.
“The characterization of my ‘substance abuse’ that’s been delivered by Ms. Heard is grossly embellished,” Depp said. “And I’m sorry to say, but a lot of it is just plainly false. I think that it was an easy target for her to hit.”
The lawsuit itself is supposed to be over whether Heard libeled Depp when she wrote a 2018 op-ed piece in The Washington Post about domestic violence. In the article, Heard referred to herself as a “public figure representing domestic abuse.”
She never mentioned Depp by name, but Depp and his lawyers said it was a clear reference to accusations Heard made in 2016 when the couple divorced and she sought a restraining order against him.
Heard’s lawyers, who have filed their own countersuit against Depp, said nothing in the article libels him. They say the abuse allegations are true, and that the damage to Depp’s reputation — which he says got him booted from the lucrative “Pirates of the Caribbean” movie franchise — came from his own bad behavior.
___
Associated Press writer Ben Finley in Norfolk, Virginia, contributed to this report. | https://cw33.com/entertainment-news/ap-entertainment/johnny-depp-takes-stand-in-suit-against-ex-wife-amber-heard/ | 2022-04-20T16:16:01Z |
The utility is working to replace 50% of its over-the-road fleet with clean fuels by 2025 and operate 100% zero-emissions fleet by 2035
LOS ANGELES, Aug. 15, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced it is working with Ford Motor Company on a demonstration project to reduce commercial fleet emissions by developing a F-550 Super Duty Hydrogen Fuel Cell Electric Truck. This collaboration is part of the U.S. Department of Energy's (DOE) SuperTruck 3 program, which aims to significantly reduce emissions in medium and heavy-duty trucks. The utility's participation is another step toward its ASPIRE 2045 sustainability goals by working to replace 50% of its over-the-road fleet with clean fuel vehicles by 2025 and operate a 100% zero-emission fleet by 2035.
Ford will provide SoCalGas with a F-550 Super Duty Truck to evaluate the prototype truck's performance under real-world conditions. SoCalGas was chosen to evaluate how the truck can meet the rigorous demands of utility work and because of its climate and geographical location. The demonstration project will also include a temporary hydrogen refueling station at SoCalGas' Bakersfield facility. The truck is expected to deploy in 2025.
This project represents a unique opportunity to decarbonize large fleets like utilities that require long ranges, fast refueling, onboard power needs, and 24/7 emergency response.
"The companies that drive our economy and especially our transportation sector must collaborate on developing innovative technologies as we make the transition to a cleaner tomorrow," said State Senator Josh Newman. "This groundbreaking project will not only reduce greenhouse gas emissions from the transportation sector, but it also offers promise toward tackling America's current energy challenges."
"Ford's strategy to reduce carbon emissions across the globe includes investigating multiple technologies that will help us achieve these goals across a broad spectrum of applications," said Jim Buczkowski, executive director, Ford Research and Advanced Engineering. "For our wide spectrum of Ford Pro customers, there are application gaps that battery electric vehicles just can't fulfill yet, so we're looking at hydrogen fuel cells to power larger, heavier commercial vehicles while still delivering zero tailpipe emissions."
"We are honored to work with Ford on their strategy to help reduce emissions," said Neil Navin, vice president of clean energy innovations at SoCalGas. "This project is a critical step toward finding real-world solutions to decarbonize heavy duty transportation such as our utility fleet with Ford's H2 Fuel Cell Electric F-550."
SoCalGas will continue to work with partners on research, development, and demonstration projects in the areas of clean fuels, hydrogen technology, and infrastructure.
Already, SoCalGas' fleet includes 50 hydrogen fuel cell electric vehicles (HFCEVs), making the company among the first utilities in the nation to start transitioning to hydrogen-powered vehicles. More recently, SoCalGas announced plans to install 1,500 electric vehicle chargers at 67 company facilities by end of 2024. Currently, a third of SoCalGas' over-the-road fleet operates on clean fuels.
In May the company won the "Leading Private Fleet" Award at the 2022 ACT Expo, North America's largest advanced transportation and clean fleet event. The award recognizes leadership that goes above and beyond what is required to achieve sustainability in a company's fleet operations.
And earlier this year, SoCalGas announced a proposal to develop Angeles Link, a green hydrogen energy infrastructure system that could deliver clean, reliable energy to the Los Angeles basin to provide a path to decarbonize sectors that require clean fuels and cannot currently be electrified, including heavy-duty transportation.
SoCalGas has more than 10 active hydrogen pilot projects as part of its commitment to being the cleanest, safest, and most innovative energy company in the country. More information about SoCalGas' hydrogen innovation can be found at http://socalgas.com/hydrogen.
About SoCalGas
Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.
SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego.
For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.
In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," " construct," "develop," "opportunity," "target," "outlook," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other regulatory and governmental bodies and (ii) the U.S. and states, counties, cities and other jurisdictions therein in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations and other proceedings, including those related to the natural gas leak at the Aliso Canyon natural gas storage facility; changes to laws and regulations; cybersecurity threats, including by state and state-sponsored actors, to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-parties with which we conduct business, all of which have become more pronounced due to recent geopolitical events and other uncertainties, such as the war in Ukraine; failure of our counterparties to honor their contracts and commitments; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our debt service obligations; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas generally and any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to timely and economically incorporate them into our business; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may be disputed or not covered by insurers, may not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable
insurance; inflationary and interest rate pressures, volatility in commodity prices, our ability to effectively hedge these risks, and their impact, as applicable, on our cost of capital and the affordability of customer rates; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control.
These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.
View original content to download multimedia:
SOURCE Southern California Gas Company | https://www.kxii.com/prnewswire/2022/08/15/socalgas-joins-ford-reduce-emissions-with-cutting-edge-f-550-super-duty-hydrogen-fuel-cell-electric-truck/ | 2022-08-15T15:18:43Z |
WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
In doing so, they downplayed the possibility of other options such as a federal gas tax holiday or offering oil companies more government incentives to increase production. Instead, they said the FTC needs more tools, including stiffer fines and penalties and a team of dedicated experts to monitor markets and go after price gouging.
With voters concerned about the growing toll of inflation, Democrats again signaled their intention going into November’s midterm elections to place much of the blame for high gas prices on oil companies. Democrats accused oil executives of “ripping off the American people”at a contentious hearing this month.
“There’s no excuse for big oil companies to profiteer, to price gouge or exploit families,” House Speaker Nancy Pelosi, D-Calif., said Thursday
“Congress must do more to beef up the FTC’s ability to crack down on potential gas price manipulation and price gouging,” added Senate Majority Leader Chuck Schumer, D-N.Y. When the Democratic bills reach the House and Senate floor, “Republicans will face a dilemma: Which side are they on?” Schumer said. “On the consumer and lowering gas prices? Or on the side of the big oil?”
The average price of a gallon of gas was $4.14 Thursday, according to the AAA auto club, and is markedly higher than that in California and other western states.
President Joe Biden, aware of the political stakes, has vowed to do all he can to ease “ pain at the pump for American families, ” including ordering release of record amounts of oil from the nation’s strategic reserve.
Sen. Maria Cantwell, a Washington Democrat who chairs the Senate Commerce, Science and Transportation Committee, said Congress strengthened the Federal Energy Regulatory Commission’s authority to investigate and punish energy market manipulation some two decades ago. That was following the Western energy crisis of 2000 to 2001 when Enron and affiliates were found liable for engaging in various market manipulation schemes.
She said the FTC needs a dedicated team of experts monitoring transportation fuels and looking out for any suspicious pricing behavior, and it needs authority to enact fines and penalties that would lead to corrective action.
“We need to make sure that there is a policeman on the beat,” Cantwell said. “It doesn’t seem right that we should have more transparency on a product like wheat or corn than we would on oil.”
A draft description of the legislation says it would double the maximum penalty for manipulating wholesale oil markets to up to $2 million a day for each violation.
The unit described by Cantwell would be charged with identifying any manipulation or use of market power or other unfair method of competition to distort markets. Once it identifies such behavior, it could then advise the full commission to go after the perpetrators and impose penalties.
Oil executives, testifying before Congress earlier this month, said oil is a global market and that oil companies don’t dictate prices.
“We do not control the market price of crude oil or natural gas, nor of refined products like gasoline and diesel fuel, and we have no tolerance for price gouging,” said Chevron CEO Michael Wirth.
Industry groups dismissed use of the FTC to investigate price manipulation as a political stunt. “Using the power of the FTC to undertake political investigations of American energy companies will not lower gas prices by a penny,″ said Anne Bradbury, CEO of the American Exploration and Production Council, a trade association representing independent oil and natural gas companies.
“At a time of historic inflation and economic contraction, Americans deserve real policies that boost domestic oil and gas production,” she said.
Republicans were equally dismissive of the Democratic proposal Thursday.
“My Democratic colleagues are doubling down on their blatant blame-shifting for political cover,” said Rep. Cathy McMorris Rodgers of Washington state. “The American people know this isn’t price gouging or Putin’s price hike. It’s a Biden price hike since the day he took office.”
Gas prices rose late last year amid supply chain problems and increased demand as the economy recovered following the COVID-19 pandemic, but prices have spiked since Putin’s Feb. 24 invasion of Ukraine.
The answer to higher gas prices is to increase production here in the U.S., Republicans said.
“America is the world’s leading producer of oil and gas, and we should act like it. We can produce significantly more energy than we do today and unleash the vast resources under our feet,″ Rep. Fred Upton, R-Mich., told Energy Secretary Jennifer Granholm at a hearing of the House Energy and Commerce Committee.
But Democrats said oil companies have made a choice to pad profits rather than increase production. Six companies at the April 6 House hearing, including Chevron and ExxonMobil, recorded $77 billion in profits last year.
“Here’s the bottom line: They’re not using the money for domestic energy production,” Schumer said. “They’re using it for stock buybacks. They’re using it to make their shares go up. We wouldn’t be here if the oil companies were using it to make the American consumer’s price cheaper.”
Some states have suspended their gas tax to give consumers relief at the pump. Many Democrats in Congress have also called for Congress to suspend the 18.4 cent per gallon federal gas tax. But Pelosi said there was no guarantee the savings would be passed on to drivers.
“It’s good PR,” she said of the tax suspension, but it “may or may not even have a benefit.”
Some Democrats have introduced bills in the House and Senate to impose a windfall tax on oil profits, but the idea has generated little momentum on Capitol Hill. | https://cw33.com/business/ap-business/democrats-pitch-boosting-ftc-to-curb-gas-price-gouging/ | 2022-04-29T07:01:32Z |
RESTON, Va., April 8, 2022 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its first-quarter 2022 financial results conference call on Wednesday, April 27, 2022, beginning at 9 a.m. EST.
The live webcast of the conference call will be available at www.gd.com. A replay will be available shortly after the live presentation.
More information about General Dynamics is available at www.gd.com.
View original content to download multimedia:
SOURCE General Dynamics | https://www.kxii.com/prnewswire/2022/04/08/general-dynamics-webcast-2022-first-quarter-financial-results-conference-call/ | 2022-04-08T16:18:34Z |
National building materials distributor continues to grow presence in Arizona
PHOENIX, June 1, 2022 /PRNewswire/ -- US LBM, a leading distributor of specialty building materials in the United States, has acquired Truss Fab Companies, a manufacturer of structural roof and floor trusses, wall panels and supplier of lumber to customers in Arizona, California, Nevada and New Mexico.
Founded in 2005, Truss Fab serves framing and building contractors for residential, multi-family and commercial projects. In addition to manufacturing all types of pre-assembled roof and floor wood trusses, Truss Fab also provides lumber and built-to-order wall panels for tract and custom residential housing.
Truss Fab operates two locations, a lumberyard and truss plant in Glendale, Ariz. and an additional truss plant in Apache Junction, Ariz.
"We are delighted to be joining the US LBM family, one of the top companies in the building materials industry. Our fantastic team and use of innovative technology have been key to our success, and this partnership will take us to new heights, providing more value for both customers and employees," said Truss Fab President and General Manager Dean Rana, who will continue to lead day-to-day operations.
"The Truss Fab team has strong and lasting relationships with its customers, based on honest communication, exceptional customer service, and dedication to delivering quality products," said US LBM President and CEO L.T. Gibson. "Truss Fab complements our recent acquisition of Crown Components and existing R&K division to further expand our manufacturing capabilities in a thriving Southwest market."
Other US LBM divisions in Arizona include R&K Building Materials, Rosen Materials and the recently acquired Crown Components.
Whelan Advisory Capital Markets acted as financial advisor to Truss Fab Companies.
US LBM is the largest privately owned, full-line distributor of specialty building materials in the United States. Offering a comprehensive portfolio of specialty products, including windows, doors, millwork, wallboard, roofing, siding, engineered components and cabinetry, US LBM combines the scale and operational advantages of a national platform with a local go-to-market strategy through its national network of locations across the country. For more information, please visit uslbm.com or follow US LBM on LinkedIn.
Contact: Timothy Wirth
US LBM Communications
484-886-5705
tim.wirth@uslbm.com
View original content to download multimedia:
SOURCE US LBM | https://www.kxii.com/prnewswire/2022/06/01/us-lbm-acquires-arizona-truss-manufacturer-supplier-truss-fab/ | 2022-06-01T17:05:19Z |
BOSTON, Aug. 16, 2022 /PRNewswire/ -- Below is the July 2022 Monthly Update for the Liberty All-Star Growth Fund, Inc. (NYSE: ASG)
Liberty All-Star Growth Fund, Inc.
Ticker: ASG
Monthly Update, July, 2022
Investment Approach:
Fund Style: All-Cap Growth
Fund Strategy: Combines three growth style investment managers, each with a distinct capitalization focus (small-, mid- and large-cap) selected and continuously monitored by the Fund's Investment Advisor.
Investment Managers:
Weatherbie Capital, LLC
Small-Cap Growth
Congress Asset Management Company, LLP
Mid-Cap Growth
Sustainable Growth Advisers, LP
Large-Cap Growth
New Holdings
Deckers Outdoor Corp.
National Vision Holdings, Inc.
Starbucks Corp.
Ulta Beauty, Inc.
Holdings Liquidated
Burlington Stores, Inc.
Etsy, Inc.
NeoGenomics, Inc.
Walt Disney Co.
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.
Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses. Returns are calculated assuming that a shareholder reinvested all distributions. Past performance cannot predict future investment results.
Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal.
Sources of distributions to shareholders may include ordinary dividends, long-term capital gains and return of capital. The final determination of the source of all distributions in 2022 for tax reporting purposes will be made after year end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its fiscal year and may be subject to changes based on tax regulations. Based on current estimates no portion of the distributions consist of a return of capital. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholder 1099-DIV forms after the end of the year.
All data is as of July 31, 2022 unless otherwise noted.
Liberty All-Star® Growth Fund, Inc.
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
View original content to download multimedia:
SOURCE Liberty All-Star Growth Fund, Inc. | https://www.kxii.com/prnewswire/2022/08/16/liberty-all-star-growth-fund-inc-july-2022-monthly-update/ | 2022-08-16T20:12:30Z |
NEW ORLEANS, Aug. 12, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 11, 2022 to file lead plaintiff applications in a securities class action lawsuit against LifeStance Health Group, Inc. (NasdaqGS: LFST), if they purchased or acquired the Company's Class A common stock pursuant and/or traceable to the Company's June 2021 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.
LifeStance investors should visit us at https://claimsfiler.com/cases/nasdaq-lfst/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
LifeStance and certain of its executives are charged with failing to disclose material information in its IPO Registration Statement, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company's out-patient/virtual revenue growth was negatively affected by a decrease in virtual visits after COVID-19 lockdowns were lifted; (ii) an increasing number of in-person visits post-lockdown resulted in substantial increases to operating expenses; (iii) its physician retention rate had fallen significantly below the 87% highlighted in the IPO's registration statement leading to additional costs to bring on new physicians, who were less productive than the outgoing physicians they were replacing; and (iv) as a result, LifeStance Health's business metrics and financial prospects were not as strong as the IPO's registration statement represented.
The case is Nayani v. LifeStance Health Group, Inc., No. 22-cv-06833.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
View original content:
SOURCE ClaimsFiler | https://www.kxii.com/prnewswire/2022/08/13/lifestance-health-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-lifestance-health-group-inc-lfst/ | 2022-08-13T03:48:22Z |
CHICAGO, Aug. 1, 2022 /PRNewswire/ -- Harris Associates L.P., adviser to the Oakmark Funds and an affiliate of Natixis Investment Managers, announced portfolio manager changes to the Oakmark Equity and Income Fund, Oakmark Global Fund, Oakmark Global Select Fund, Oakmark Fund, and Oakmark Select Fund.
Effective December 31, 2023, Clyde McGregor will be transitioning his portfolio management duties and stepping off the Oakmark Equity and Income Fund and the Oakmark Global Fund. Mr. McGregor will remain with Harris Associates as an investment leader and portfolio manager in the firm's Private Wealth Management business.
As part of Mr. McGregor's upcoming portfolio transition, Harris Associates is pleased to announce the appointment of the following individuals to co-portfolio manager roles for the Oakmark Funds, effective August 1, 2022.
Michael Nicolas and Alex Fitch will join Clyde McGregor, Colin Hudson and Adam Abbas as co-portfolio managers of the Oakmark Equity and Income Fund. Mr. Nicolas joined Harris Associates in 2013. He has been a co-portfolio manager of the Oakmark Fund since 2020. Mr. Fitch joined Harris Associates in 2011 and is the director of U.S. research.
Colin Hudson and John Sitarz will be named co-portfolio managers of the Oakmark Global Fund with David Herro, Tony Coniaris, Clyde McGregor and Jason Long. Mr. Hudson joined Harris Associates in 2005. He has been a co-portfolio manager of the Oakmark Bond Fund since 2020 and the Oakmark Equity and Income Fund since 2013 and has served on the institutional Global and Global Concentrated Strategy teams since 2012. He is also the co-head of fixed income at Harris Associates. Mr. Sitarz joined Harris Associates in 2013 and has served as a U.S. research analyst.
"First, I'd like to thank Clyde for his immense contribution to the Oakmark Funds," said Tony Coniaris, chairman and portfolio manager. "Good succession planning requires a plan and a deep bench. In this case, Harris Associates and the Oakmark Funds have the luxury of both. We believe these manager additions strengthen our team and best position our clients for success over the next decade and beyond."
Harris Associates is also pleased to announce the following manager appointments: Colin Hudson and John Sitarz will be named co-portfolio managers of the Oakmark Global Select Fund with David Herro, Bill Nygren, Tony Coniaris and Eric Liu.
Robert Bierig will be added as a co-portfolio manager to the Oakmark Fund with Bill Nygren and Michael Nicolas. Mr. Bierig joined Harris Associates in 2012 and is a portfolio manager for several of Harris Associates' investment strategies.
Robert Bierig and Alex Fitch will become co-portfolio managers of the Oakmark Select Fund alongside Bill Nygren and Tony Coniaris.
"The Oakmark Funds' strong performance track records have been primarily due to the strength of our teams—and these additions make the teams stronger than ever," said Bill Nygren, chief investment officer-U.S. equities and portfolio manager. "These individuals, as research analysts, have been contributing to our success for years, and our expectation is that their skill will continue benefitting our shareholders for many years to come."
The new appointments better align portfolio management teams across the business. To that end, Bill Nygren will be transitioning his global portfolio management responsibilities to focus on domestic portfolios. As a result, he will be stepping off the Oakmark Global Select Fund, effective at the end of 2023. Mr. Nygren will continue as chief investment officer-U.S. equities and co-portfolio manager of the Oakmark Fund and the Oakmark Select Fund.
Tony Coniaris will provide continuity on global portfolios alongside David Herro and the global team. Mr. Coniaris will remain a co-portfolio manager of the Oakmark Global Fund and the Oakmark Global Select Fund. In light of these responsibilities, he will be stepping off the Oakmark Select Fund, effective at the end of 2023.
The Oakmark Funds are a mutual fund family that utilizes a long-term value investment approach. Oakmark's investment philosophy centers on the belief that superior long-term results can be achieved through investing in companies priced at a significant discount to what Harris Associates believes is a company's intrinsic value, with strong growth prospects and owner-oriented management teams. The Oakmark Funds' assets under management totaled approximately $50 billion as of June 30, 2022. More information about the Oakmark Funds is available at oakmark.com.
Harris Associates L.P., a Chicago-based investment management firm founded in 1976, serves as the adviser to the Oakmark Funds. Harris Associates also manages U.S., international and global portfolios for institutional and high-net-worth investors worldwide. Including Oakmark, assets under management at Harris Associates totaled approximately $99 billion as of June 30, 2022. More information about Harris Associates is available at harrisassoc.com.
Before investing in any Oakmark Fund, you should carefully consider the Fund's investment objectives, risks, management fees and other expenses. This and other important information is contained in a Fund's prospectus and summary prospectus. Please read the prospectus and summary prospectus carefully before investing. For more information, please call 1-800-OAKMARK (625-6275).
Natixis Investment Managers' multi-affiliate approach connects clients to the independent thinking and focused expertise of more than 20 active managers. Ranked among the world's largest asset managers1 with more than $1.3 trillion assets under management2 (€1.2 trillion), Natixis Investment Managers delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance. The firm partners with clients in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals.
Headquartered in Paris and Boston, Natixis Investment Managers is part of the Global Financial Services division of Groupe BPCE, the second-largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks. Natixis Investment Managers' affiliated investment management firms include AEW; AlphaSimplex Group; DNCA Investments;3 Dorval Asset Management; Flexstone Partners; Gateway Investment Advisers; Harris Associates; Investors Mutual Limited; Loomis, Sayles & Company; Mirova; MV Credit; Naxicap Partners; Ossiam; Ostrum Asset Management; Seeyond; Seventure Partners; Thematics Asset Management; Vauban Infrastructure Partners; Vaughan Nelson Investment Management; and WCM Investment Management. Additionally, investment solutions are offered through Natixis Investment Managers Solutions and Natixis Advisors, LLC. Not all offerings are available in all jurisdictions. For additional information, please visit Natixis Investment Managers' website at im.natixis.com | LinkedIn: linkedin.com/company/natixis-investment-managers.
Natixis Investment Managers' distribution and service groups include Natixis Distribution, LLC, a limited purpose broker-dealer and the distributor of various U.S. registered investment companies for which advisory services are provided by affiliated firms of Natixis Investment Managers, Natixis Investment Managers S.A. (Luxembourg), Natixis Investment Managers International (France), and their affiliated distribution and service entities in Europe and Asia.
1 Cerulli Quantitative Update: Global Markets 2021 ranked Natixis Investment Managers as the 15th largest asset manager in the world based on assets under management as of December 31, 2020.
2 Assets under management ("AUM") of current affiliated entities measured as of March 31, 2022 are $1,320.6 billion (€1,187.6 billion). AUM, as reported, may include notional assets, assets serviced, gross assets, assets of minority-owned affiliated entities and other types of non-regulatory AUM managed or serviced by firms affiliated with Natixis Investment Managers.
3 A brand of DNCA Finance.
View original content to download multimedia:
SOURCE Harris Associates L.P. | https://www.wibw.com/prnewswire/2022/08/01/harris-associates-lp-announces-oakmark-portfolio-manager-changes/ | 2022-08-01T14:50:05Z |
Salute Our Heroes: Topeka organization trains K-9s to find the missing
TOPEKA, Kan. (WIBW) - Several years ago, a Topeka woman turned her love of dogs into an organization that provides a helpful resource to law enforcement officers.
When Lisa Smith isn’t working as a nurse at St. Francis Hospital, she spends time training her dogs to serve as a resource for law enforcement.
Smith and her three dogs- O’cuss, Sir, and Laudie are dedicated to training.
“I have three dogs that I run right now and two are trained in trailing and human remains detection,” said Lisa Smith. “We train in some way almost every day, whether it’s obedience or the human remains detection, maybe a quick find. We also work on the alert, my dogs are bark alerts, so they’ll tell you ‘hey it’s over here.”
It all started several years ago when she and her friend Leann had the vision to start an organization that would provide law enforcement with K-9s who are experienced in finding the missing.
Kansas Search and Rescue is a coalition of handlers that provide mission-ready K9 teams to the local area. They offer a free dog resource to law enforcement to help them find the missing.
After some time of training their dogs in trailing and human remains detection, they presented their work to the Shawnee County Sheriff’s Office.
“The trail wasn’t even an hour old and they were blown away that our dogs could do a trail on the pavement that was an hour old,” said Smith. “Police dogs can’t do it and so when we made that connection and showed them what they can do, we really got a good connection. When we were there, I asked hey if I see something on social media can I call in and present myself and he said ‘absolutely, please do.”
Since then, Kansas Search and Rescue has assisted in many situations. Smith says the team recently assisted in a three-day search in Nebraska.
When Smith’s teammate, Leann, was diagnosed with cancer, that led the organization to take on another name.
“She passed away in January from an ovarian cancer battle and it also became known as ‘Kansas Strong and Resilient.’ I was diagnosed with breast cancer last summer also, so little did I know that it would apply to both of us. We are Kansas Strong and Resilient through our battles, our dogs, and our training.”
For Smith, she says it’s the joy both she and her dogs get from training that keeps her strong and resilient.
“It’s just amazing what the dogs can do, so the next time you’re like what else can we do, what else can I do with them, how much further can I push it and its a game for them its all about the game,” said Smith. You have to find out what reward prompts them to play this game and Sir, his favorite reward is.. law enforcement loves this one..it’s a squirt gun.”
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/03/salute-our-heroes-topeka-organization-trains-k-9s-find-missing/ | 2022-05-03T03:16:50Z |
HSINCHU, Aug. 31, 2022 /PRNewswire/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today announced that it will present virtually to institutional investors at the 23rd Credit Suisse Asian Technology Conference from Wednesday, September 7 to Thursday, September 8, 2022.
Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Investor Relations, will discuss the Company's recent financial results, business trends and market opportunities. The Company's latest investor update is available on the investor relations' section of its website at www.chipmos.com.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.
View original content:
SOURCE ChipMOS TECHNOLOGIES INC. | https://www.kxii.com/prnewswire/2022/08/31/chipmos-present-23rd-credit-suisse-asian-technology-conference/ | 2022-08-31T10:38:15Z |
PARSIPPANY, N.J., May 27, 2022 /PRNewswire/ -- In light of the continuing shortage of infant formula in the United States, Mead Johnson today provided an update on its ongoing efforts to ensure that more formula reaches store shelves and the parents who need it.
Pat Sly, President of Reckitt's nutrition business, underscored the importance of the role its flagship brand Enfamil plays in providing the single source of nutrition for millions of babies and toddlers.
"Over the past three months we have been doing everything possible to put more infant formula on shelves, addressing the concerns of parents across the country. We are leaving no stone unturned to increase our supply, while safeguarding the highest levels of quality. I am extremely grateful for and proud of our colleagues, and the dedication and commitment they are demonstrating in this difficult time. Our warehouse team is working through the Memorial Day weekend to ship more than 90 truckloads, and our factory teams will produce another 5 million 8-oz feedings."
We are working with government and retail partners on the following measures to get more product on shelves faster:
- Operating our plants 24/7
- Streamlined our product portfolio to maximise production capacity
- Working with the United States government to secure additional manufacturing inputs and to bring formula from our manufacturing sites outside the US.
- Partnering with retailers to expedite orders and trucks and prioritizing formula at their distribution centers to fill shelves quickly.
- Dispatching product as soon as it's been quality checked, rather than waiting until trucks are entirely filled, to get the product on shelves faster
As a result, we shipped over 30% more infant formula in Q1 vs 2021, cut time to shelf by 40% without sacrificing quality and are currently feeding 211,000 more babies than we were prior to the shortage. We are also identifying other ways to ensure parents and infants have a steady supply of safe, high-quality formula. These include pursuing the Food and Drug Administration's (FDA) import exception, which would permit us to import additional infant formula supplies into the United States from our manufacturing facilities in Singapore and Mexico. Should we receive regulatory approval, we would be able to achieve the following:
- Immediately provide 200 metric tons of infant formula base powder from our Tuas facility in Singapore which would be blended and packaged in the U.S. facilitated by logistics help from Operation Fly Formula. This would be the equivalent of more than 6 million 8-oz servings and could be available by June.
- Provide approximately 170 metric tons of infant formula per month on average from our Delicias, Mexico facility
- Should these requests be approved, the combined impact would enable us to feed an additional 250,000 babies.
About Reckitt:
Reckitt* exists to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.
Reckitt is the company behind some of the world's most recognisable and trusted consumer brands in hygiene, health and nutrition, including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, Woolite and more. Every day, more than 20 million Reckitt products are bought globally. We always put consumers and people first, seek out new opportunities, strive for excellence in all that we do and build shared success with all our partners. We aim to do the right thing, always. We are a diverse global team of more than 43,000 colleagues. We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society. Find out more, or get in touch with us at www.reckitt.com.
About Mead Johnson Nutrition:
Mead Johnson Nutrition was acquired by Reckitt in 2017, merging the two company's commitments to innovation and science to continue fueling advancements in pediatric nutrition. Today, the nutrition business continues to drive innovation from its Evansville, IN site and is trusted by parents and healthcare professionals all over the world to support developing minds and bodies. We're committed to ensuring that every mom and every baby a healthy start.
About Enfamil
Enfamil's full product portfolio is formulated to provide optimal nutrition for infants and children through every stage of development. Their dedication to science and innovation remains vital to both their product portfolio and mission by using leading-edge technologies, a highly specialized team, and expert collaborations to benefit pediatric populations around the world. Today, the Enfamil brand is trusted by parents and healthcare professionals through their passion for innovation and delivering high quality products.
* Reckitt is the trading name of the Reckitt Benckiser group of companies
View original content to download multimedia:
SOURCE Reckitt | https://www.kxii.com/prnewswire/2022/05/27/reckitts-mead-johnson-continues-extraordinary-steps-increase-access-infant-formula/ | 2022-05-28T06:45:49Z |
Ellucian Banner SaaS to Upgrade Technology Operations at Community-Oriented
Public Institution
WINTER HAVEN, Fla. and RESTON, Va., June 9, 2022 /PRNewswire/ -- Ellucian, the leading higher education technology solutions provider, today announced that Polk State College, a multi-campus institution serving over 20,000 students in Florida, has chosen Ellucian Banner SaaS to modernize its technology operations. A new Ellucian customer, Polk State joins more than 1,100 institutions worldwide in the cloud with Ellucian and more than 500 institutions in the cloud with their full Student Information System (SIS) and Enterprise Resource Planning System (ERP).
Polk State College will implement Banner, a world-class comprehensive ERP system that includes student, financial aid, HR, and finance components. The move to Banner SaaS will create an integrated digital campus that connects students, faculty, and staff across departments. The new cloud-based infrastructure will deliver flexibility, efficiency, and long-term sustainability, enabling Polk State to refine business processes across the institution.
"Our College is thrilled to partner with Ellucian to strengthen our technological infrastructure and foster a more seamless, modernized Polk State experience for both students and employees," said Dr. Angela Garcia Falconetti, President of Polk State College. "Ellucian Banner is a leading higher education enterprise resource planning and student information system that will strengthen connectivity across our campuses and processes. This contributes directly to the Polk State mission of providing access to quality higher education through means including innovative technologies."
"As an institution that prioritizes student success, access to a quality education, and workforce development, Polk State College will be well served by Ellucian Banner SaaS," said Laura Ipsen, President and CEO, Ellucian. "This cloud-based solution will equip faculty and staff with integrated data across systems to support student success and create a more efficient campus. We look forward to a strong partnership with Polk State College to support the modernization of its technology operations."
For more information on Banner, visit: https://www.ellucian.com/solutions/ellucian-banner.
About Ellucian
Ellucian is charting the digital future of higher education with a portfolio of cloud-ready technology solutions and services. From student recruitment to workforce analytics; from fundraising opportunities to alumni engagement; Ellucian's comprehensive suite of data-rich tools gives colleges and universities the information they need to lead with confidence.
Working with a community of more than 2,700 customers in over 50 countries, Ellucian keeps innovating as higher education keeps evolving. Drawing on its comprehensive higher education business acumen and suite of services, Ellucian guides its customers through manageable, sustainable digital transformation—so that every type of institution and student can thrive in today's fast-changing landscape. To find out what's next in higher education solutions and services, visit Ellucian at www.ellucian.com.
About Polk State College
Located in Polk County, Florida, and established in 1964, Polk State College is a multi-campus institution serving more than 14,000 students with Bachelor of Applied Science, Bachelor of Science, Associate in Arts, and Associate in Science degrees, as well as 9,000 individuals in a wide range of certificate and workforce training programs. The College also operates three charter high schools.
Polk State's advantages include small class sizes; hands-on learning; dedicated faculty; day and night classes; online options; affordable tuition; excellent financial aid; and a diverse community and vibrant student life, including fine arts opportunities, clubs, and intercollegiate athletics.
Media Contact
Lindsay Stanley
Lindsay.Stanley@Ellucian.com
View original content to download multimedia:
SOURCE Ellucian | https://www.kxii.com/prnewswire/2022/06/09/polk-state-college-selects-ellucian-implement-digital-transformation/ | 2022-06-09T17:03:25Z |
‘Hometown boy done good’ – a South Georgia trailblazer is leading the Pentagon at a turbulent time
Secretary Lloyd Austin, a Georgia native, now leads as the Secretary of Defense.
WASHINGTON (Gray DC) - Secretary Lloyd Austin grew up in Thomasville, Georgia before making his way to West Point. He rose through the ranks while on active duty, becoming a four-star general, and now as a civilian occupies the highest role at the Pentagon as Secretary of Defense. Rep. Sanford Bishop (D-Ga.) is proud to have him in this role.
“Hometown boy done good,” said Bishop.
Bishop is an Army veteran himself. He said having someone like Austin at the helm of U.S. armed forces, once the Commander of U.S. forces in Iraq then Commander of Central Command, gives confidence to the troops.
“It makes the soldier and our troops committed to the fact that they’re willing to follow the Commander in Chief, willing to follow the leaders,” said Bishop.
The Thomasville High School graduate has faced numerous tests during his first year as the civilian leader of the U.S. military. Austin received many questions about the withdrawal from Afghanistan last summer, including how 13 service members lost their lives to a suicide bomb at the Kabul airport.
Now, he faces questions about how much the U.S. military can support Ukraine against Russian aggression. Bishop thinks Austin and the administration are handling it well.
“President Biden and his security team, including Secretary Austin, have done a tremendous job unifying our NATO allies and the world,” said Bishop.
Bishop said he has worked with Austin throughout the years on different causes, including helping families of veterans. Bishop thinks it is in the DNA of his district to serve.
“Our core values: God, country, work, and family. And of course, country is patriotism,” said Bishop.
Bishop notes that Thomasville is rich in U.S. military history. Henry Flipper, the first black graduate of West Point in 1977, is also a native of Thomasville. Last year, Lloyd Austin made history when he became the first black Secretary of Defense.
Copyright 2022 Gray DC. All rights reserved. | https://www.kxii.com/2022/04/28/hometown-boy-done-good-south-georgia-trailblazer-is-leading-pentagon-turbulent-time/ | 2022-04-30T03:20:14Z |
New 600-square-foot facility will serve resident girls ages 12 to 18 and their children affected by child abuse or neglect
SAN MARCOS, Calif., Aug. 11, 2022 /PRNewswire/ -- Casa de Amparo, a leader in treating and preventing child abuse and neglect in San Diego County, in partnership with TrueCare, a non-profit community health center, and Lennar, one of the nation's leading homebuilders, today announced the grand opening of the TrueCare & Lennar Foundation Health Center at Casa de Amparo at a ribbon cutting ceremony. Situated on the site of Casa de Amparo's Casa Kids campus, the 600-square-foot health center serves the resident girls ages 12 to 18 years old and their children who have been traumatized by severe child abuse or neglect.
The TrueCare & Lennar Health Center at Casa de Amparo will include a medical exam room, a mini lab and an office space. TrueCare's professional medical staff will be on site to bring compassionate, sensitive care that addresses the unique needs of the Casa de Amparo residents, including women's health and pediatric services. The clinic is partially funded through a generous grant from Rest Haven Children's Health Fund.
"Many of the young women that come to Casa de Amparo have suffered complex trauma and having the medical center on our campus will allow clinical staff to build trusting relationships with the residents to help them heal and move forward in their lives," said Mike Barnett, Chief Executive Officer of Casa de Amparo. "We thank Lennar and TrueCare for the work they have done to transform the space into a state-of-the-art medical center for our youth and we thank Las Patronas who donated the built-in desks for the medical staff."
"This is a great day for foster youth across San Diego County," said San Diego County Supervisor Jim Desmond. "The opening of the TrueCare & Lennar Foundation Health Center will provide much-needed resources to young girls in North County. It's vital for foster youth to feel safe, especially coming out of traumatic experiences. I continue to be impressed by all that Casa de Amparo provides for our region; they have my full support."
"We're grateful to work with Casa de Amparo and Lennar to address the individual health needs of the children and young women receiving rehabilitation services on the Casa Kids Campus," said Michelle D. Gonzalez, President and CEO of TrueCare. "For more than 50 years, TrueCare has been driven to assure access to health care for everyone in our communities. This collective partnership allows us to deliver high-quality, compassionate care in a safe and trusted environment."
"We proudly support the mission of Casa de Amparo and TrueCare and we are honored to have had the opportunity to complete the tenant improvements that helped transform part of Casa de Amparo's facility into a thriving medical center," said Ryan Green, San Diego division president for Lennar. "We hope that establishing this facility will help provide quality care to the young women residing at Casa de Amparo now and into the future."
About Casa de Amparo
Established in 1978, Casa de Amparo (Home of Protection) is recognized as a leader in treating and preventing child abuse and neglect in San Diego County and beyond, with locations in Oceanside and San Marcos. The non-profit organization annually serves over 422 Casa Kids, from prenatal to 25 years old through two integrated programs that promote healing, growth, and healthy relationships. These programs include Residential Services and New Directions.
About TrueCare
For 50 years, TrueCare has not wavered in its commitment to patients, their families, and its communities. As a non-profit community health center, TrueCare is dedicated to delivering a superior and compassionate healthcare experience to nearly 60,000 patients every year, reducing barriers and increasing accessibility to quality care. TrueCare cares for the diverse communities of North San Diego and South Riverside Counties with services ranging from primary care, pediatrics, women's health, behavioral health, chiropractic treatments and dentistry. In addition, TrueCare offers transportation services, community health outreach, insurance enrollment assistance and case management programs. For more information, visit https://truecare.org.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.
Media Contacts:
Casa de Amparo: Ryan Wuillmier, rwuillmier@casadeamparo.org
TrueCare: Lisa Muldowney, Lisa.muldowney@trucare.org
Lennar: Danielle Tocco, Danielle.Tocco@Lennar.com
View original content to download multimedia:
SOURCE Casa de Amparo; TrueCare; Lennar | https://www.kxii.com/prnewswire/2022/08/11/casa-de-amparo-truecare-lennar-announce-grand-opening-truecare-amp-lennar-foundation-health-center-casa-de-amparo/ | 2022-08-11T21:21:21Z |
LOS ANGELES, May 19, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Playstudios, Inc. ("Playstudios" or the "Company") (NASDAQ: MYPS).
Class Period: June 22, 2021 – March 1, 2022
Lead Plaintiff Deadline: June 7, 2022
If you wish to serve as lead plaintiff of the Playstudios lawsuit, you can submit your contact information at www.glancylaw.com/cases/playstudios-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that it was having significant problems with Kingdom Boss, would not be releasing Kingdom Boss as expected, and had not revised its financial projections to account for the issues with Kingdom Boss, and as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on LinkedIn, Twitter, or Facebook.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View original content to download multimedia:
SOURCE Glancy Prongay & Murray LLP | https://www.wibw.com/prnewswire/2022/05/19/myps-investors-have-opportunity-lead-playstudios-inc-securities-fraud-lawsuit/ | 2022-05-19T17:35:09Z |
Steve Ford brings extensive experience in hemostatic agents to the company now disrupting that market with its highly effective, cost-saving, innovative platform
RIVERDALE, Md., Sept. 15, 2022 /PRNewswire/ -- Medcura Inc. welcomes Steve Ford, its new Senior Vice President of Marketing and Business Development, whose two-plus decades of experience leading and contributing to over 75 product development teams, and launching more than 100 medical devices globally, helps position the commercial-stage life science and medical device company for broad market adoption and rapid platform expansion.
The proprietary technology invented by Medcura is the platform for a variety of first-of-their-kind products that quickly stops bleeding in surgery, trauma centers, on the battlefield and at-home. Those products include surgical gels, foams, powders and putties such as LifeGel™ Absorbable Surgical Hemostat, LifeFoam™—recently cited in research as having "significant potential" to save lives in military combat settings—and at-home consumer products such as the antibacterial wound gel Rapid-Seal™ available at major retailers.
After consulting with Medcura for over four years, Ford brings to his new full-time role his 25 years of experience in the biosurgicals and bleeding management industry, having launched and managed 70 percent of the hemostat brands in the U.S. and directing the global marketing for several successful companies in the field.
"Bleeding is the number one cause of death in trauma incidents and military combat settings. In surgery, uncontrolled bleeding can lead to increased cost, operative time, blood transfusions and infection. Development of new and improved hemostatic agents is helping to save lives and improve critical surgeries, that's why I love working in this field," Ford said. "Medcura has invented the most disruptive technology platform to hit the market in the last twenty years—the ability to handle a moderate bleed at half the cost of traditional thrombin-based hemostatic agents, ready-to-use with no preparation needed for surgeons when every second counts, and already producing promising research results. I'm thrilled to join the Medcura team and bring their life-changing and saving products to the global market."
Ford previously served at Baxter International Inc. in various roles including Global Director of Marketing for Hemostasis and OrthoBiologics, and Senior Director for both BioSurgery Strategy and Innovation and BioScience Device Development. He served as Worldwide Marketing Director of General Surgery at Ethicon, Inc., a division of Johnson & Johnson, and most recently as Vice President of Marketing at Biom'up USA, Inc., where he co-led the successful launch of their surgical hemostat.
"Steve's unparalleled experience in the fields of biosurgicals and surgical hemostats gives Medcura an advantageous position when combined with our unique platforms that we aim to place in the toolkit of every surgeon, military and civilian alike," said Medcura CEO Jim Buck. "We've built a team that combines the greatest advanced hemostasis scientists with an experienced biosurgicals executive management team together striving to significantly improve the future of surgical bleeding management."
Medcura's product line is based on a proprietary matrix of fatty acids and polysaccharides found in the natural environment. These inert, non-toxic, and self-assembling biopolymers have been well characterized in scientific literature and cleared by the FDA for several impactful applications. Unlike the expensive-to-manufacture enzyme thrombin, commonly used in blood clotting products, Medcura products' active components are both low-cost and sustainable.
Medcura is a commercial-stage medical device company developing versatile hemostatic products for surgical, medical, and consumer applications. The Company combines the use of safe, inert ingredients with proprietary chemistry across a broad spectrum of clinical applications, with our Breakthrough Device, Life Foam™, now leading the expansion into internal and surgical procedures. Learn more about Medcura's growing product line at www.medcurainc.com.
Media Contact:
Nisha Patel
npatel@inspire-agency.com
864-384-2403
Inspire Agency on behalf of Medcura, Inc.
View original content to download multimedia:
SOURCE Medcura, Inc. | https://www.wibw.com/prnewswire/2022/09/15/new-medcura-svp-positions-lifegel-surgical-hemostat-market-leadership/ | 2022-09-15T21:27:46Z |
DALLAS (KDAF) — Everyone is scrambling to secure their weekend plans on Friday as rain could be present around the southern portion of the region and as rain is possible over the next week, according to the National Weather Service center in Fort Worth.
On Friday, storm chances mainly dwell in the southern portion of North Texas, into Central Texas as highs will hit the lower 90s with winds from the east/southeast. “Morning clouds and some fog will give way to partly cloudy skies this afternoon. An old frontal boundary will continue to serve as a focus for scattered showers and storms mainly across our Central Texas counties this afternoon. Highs will top out in the lower 90s with light east-southeast winds.”
The center also shared an outlook of how much rainfall areas across North Texas could see over the coming week. “Ensemble forecasting can give us a perspective on possible rainfall amounts, If we take all the individual forecasts that comprise the ensemble and order them from driest to wettest, we can calculate percentiles, which can be converted to probability of exceedance. In other words, there is a 75% chance of exceeding the 25th percentile value, but only a 25% chance of exceeding the 75th percentile value. There is a 50% chance that amounts will be between the 25th and 75th percentiles.” | https://cw33.com/news/local/looking-ahead-at-the-next-7-day-rainfall-possibilities-in-north-texas/ | 2022-08-19T17:22:16Z |
ST. PAUL, Minn., June 21, 2022 /PRNewswire/ -- Johnson // Becker, PLLC is a nationwide products liability law firm with experience representing victims of pressure cooker explosions. The pressure cooker lawyers at the firm have represented over 500 clients who have been severely burned by exploding pressure cookers designed and sold by numerous manufacturers.
Johnson//Becker filed this Complaint on behalf of Carletta Green, a resident of Detroit, Michigan alleging that manufacturer Nuwave is at fault for burn injuries Green suffered while using her Nutri-Pot pressure cooker.
Ms. Green sustained her injuries in July 2020, just one month after purchasing her Nutri-Pot. The pressure cooker exploded during the course of normal use, as the lid opened while the contents inside were still under pressure. According to the Complaint, NuWave has repeatedly marketed the Nutri-Pot pressure cooker as safe, with a lid that locks in place when the unit is operating under pressure. Ms. Green's lawsuit alleges that her Nutri-Pot was dangerously defective, even during the "ordinary, foreseeable and proper use of cooking food with the product." Despite the defect that caused Ms. Green's injuries, NuWave "continues to generate a substantial profit from the sale of their pressure cookers."
This suit is filed by Michael K. Johnson and Adam J. Kress of Johnson // Becker, PLLC. Michael K. Johnson is a founding partner of Johnson // Becker, PLLC. Michael and Adam exclusively handle injury cases, with an emphasis on national products liability litigation, including cases involving burn injuries from defective products.
If you or a loved one has been injured by a defective NuWave pressure cooker, you may want to speak with the lawyers at Johnson//Becker. We are actively filing new Nutri-Pot pressure cooker lawsuits across the country, and you may be entitled to financial compensation for your defective pressure cooker injuries.
We offer a free case evaluation. To learn more about Johnson // Becker's product liability cases, or to arrange a free, no obligation case review, please visit Johnson // Becker at https://www.johnsonbecker.com/product-liability/pressure-cooker-lawsuit/, https://www.johnsonbecker.com/product-liability/nuwave-pressure-cooker-lawsuit/ or contact Johnson // Becker directly at (800) 279-6386.
View original content to download multimedia:
SOURCE Johnson // Becker, PLLC | https://www.wibw.com/prnewswire/2022/06/21/johnson-becker-pllc-files-michigan-lawsuit-after-nutri-pot-explosion/ | 2022-06-21T22:50:09Z |
MINNEAPOLIS (AP) — This time, Aliyah Boston and the South Carolina Gamecocks were smiling as they strutted off the court at the Final Four.
The only crying came from relief and joy, one year after a painfully opposite finish in the national semifinals.
Boston took over after halftime and finished with 23 points and 18 rebounds to back up her AP National Player of the Year award, carrying South Carolina to the NCAA championship game with a 72-59 victory over Louisville on Friday night.
“You see happy tears, happy tears, right now,” Boston said in her postgame TV interview. “I’m just thanking God we have one more game.”
Brea Beal matched her season high with 12 points and helped hold Cardinals star Hailey Van Lith to nine points on 4-for-11 shooting as the Gamecocks (34-2) delivered another stifling defensive performance and advanced to meet Connecticut, a 63-58 semifinal winner over Stanford, on Sunday night.
“Life in general, it’s going to throw tests at you. You’re going to have to pass the tests or you’re going to have to retake them,” said coach Dawn Staley, who will try to win her second national championship with South Carolina eight months after the Hall of Famer led the U.S. team to a gold medal in the Tokyo Olympics.
Destanni Henderson scored 11 points with 3-for-6 shooting from 3-point range for South Carolina, which had a 19-5 assists advantage and improved to 13-0 this season against AP-ranked opponents.
Emily Engstler led Louisville with 18 points and nine rebounds as the Cardinals went 1 for 8 from 3-point range and were never able to find a rhythm in the half court against the No. 1 overall seed in this tournament.
South Carolina, which won it all in 2017, was ousted in the semifinals last season by one point to eventual champion Stanford when Boston’s put-back attempt bounced off the rim at the buzzer. The 6-foot-5 junior from the U.S. Virgin Islands has bounced right back a year later, and the Gamecocks have followed her lead.
“We knew that were going to be tested, and this is the hump that we need to get over,” Boston said.
Kianna Smith and Olivia Cochran each scored 14 points for the Cardinals (29-5), who were the only team in this Final Four without an NCAA championship in their trophy case. This was the program’s fourth trip to the national semifinals in coach Jeff Walz’s 15 seasons.
“You don’t ever want to say that’s your favorite team, because then all your past teams get mad at you, but I’d put this group right up there at the top,” Walz said. “It was just an absolute joy to coach.”
The Gamecocks, who were the wire-to-wire No. 1 team in the AP poll this season, squeezed their first four tournament opponents in the Greensboro Region to a bleak average of 41.2 points on their way to a fourth Final Four in the last seven years.
The Cardinals, one of the three No. 1 seeds in this Final Four, made it out of the Wichita Region without any trouble. Van Lith, the relentless sophomore guard with the perpetually flopping blond pigtails, hit the 20-point mark in each of their first four tournament games.
LOCKDOWN ON LOUISVILLE
Van Lith met her match with Beal, who had a four-inch height advantage and shadowed her all over the court as she often does to the opponent’s most dangerous player. Van Lith, whose first basket came on a knifing drive for a layup with 1:43 left in the second quarter, had two jumpers blocked by Beal and three turnovers in the first half.
Engstler, the tough-as-nails transfer from Syracuse, helped Louisville keep Boston from getting too comfortable in the paint while Cochran helped with the muscle. Physical play can come with a price, though, and with 4.2 seconds left in the third quarter Boston drew Engstler’s fourth foul on a putback layup and stretched the lead to 57-48 with the and-one free throw.
Engstler fouled out with 4:56 to go and had her head buried in her clenched hands on the bench as her teammates tried to console her.
“I think we should all leave this arena and Minneapolis with our heads held very high. I’m extremely proud of this team, and I’ve had an amazing time with them,” Engstler said.
BOSTON STRONG
After putting up 28 points and 22 rebounds in the Sweet 16 against North Carolina, Boston had plenty left for the Final Four.
Wearing her familiar vibrant braids in a bright-pink-and-purple combination, Boston helped the Gamecocks set a commanding tone early with an 11-2 lead. The Cardinals missed seven of their first eight shots from the floor.
Louisville enjoyed a 12-0 run early in the second quarter to take a short-lived three-point edge, but South Carolina simply had so much more to offer after that. Henderson’s 3-pointer gave the Gamecocks their largest lead at 51-36 midway through the third quarter, and the Cardinals were only within less than eight points for 42 seconds after that.
Boston had 15 points and 10 rebounds in the second half.
“The game just opened up,” she said. “We were able to continue to move the ball.”
ANTHEM ABSENCE
The entire South Carolina team stayed off the court during the national anthem, keeping with the Gamecocks’ practice all season. Last season, several players took a knee during the singing of “The Star-Spangled Banner.”
___
More AP coverage of March Madness: https://apnews.com/hub/march-madness and https://apnews.com/hub/womens-college-basketball and https://twitter.com/AP_Top25 | https://cw33.com/sports/ap-sports/south-carolina-tops-louisville-72-59-advances-to-title-game/ | 2022-04-02T19:22:29Z |
DALLAS, July 20, 2022 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its second quarter 2022 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the financial results and earnings presentation will be furnished on a Form 8-K filing that will be available on the Securities and Exchange Commission website at www.sec.gov.
As previously announced, Comerica will host a conference call to review the second quarter 2022 financial results. Interested parties may access the call and supplemental materials through the following details:
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
View original content to download multimedia:
SOURCE Comerica Incorporated | https://www.kxii.com/prnewswire/2022/07/20/comerica-reports-second-quarter-2022-earnings-results/ | 2022-07-20T10:57:13Z |
Automaker Surprised School District at Volunteer Event to Set Up Classrooms for 2022-2023 School Year
CAMDEN, N.J., Aug. 31, 2022 /PRNewswire/ -- Subaru of America, Inc. (SOA) today announced that in continuation of its work to support the students of the Camden City School District, the automaker will "adopt" all middle school (grades six through eight) classrooms in the district, providing critical learning materials to students. The adoption is part of the Subaru Loves Learning initiative, a partnership with AdoptAClassroom.org to give all students an equal opportunity to thrive in the classroom.
The adoption of Camden City School District middle schools will impact seven schools, 88 classrooms, and 1,184 students. In addition to providing flexible funding for teachers to purchase supplies customized to their classroom, Subaru will also provide school supply kits of classroom essentials, packed by employees at Subaru of America.
"All students deserve the tools to thrive and succeed in the classroom, and we want our friends and neighbors in Camden to have every opportunity to get a great education and achieve their goals," said Thomas J. Doll, President and CEO, Subaru of America, Inc. "We hope this 'adoption' from Subaru helps support a great school year for all."
Employees from Subaru of America headquarters surprised Camden City School District faculty with the announcement at a volunteer day to help teachers set up their classrooms. More than 100 Subaru volunteers traveled to schools throughout the district to help set up and clean classrooms, decorate bulletin boards, and more in preparation for the first day of school.
"Middle school is a pivotal moment in a child's education and lacking essential learning materials adds extra burdens to students, parents and classrooms," said Katrina McCombs, Superintendent of the Camden City School District. "Thanks to Subaru, the Camden City School District can focus on doing what we do best: helping students in our school district achieve their highest potential."
Headquartered in Camden, Subaru of America has a long history of supporting education in the local community. In 2021, Subaru adopted all kindergarten through fifth grade (K-5) classrooms in the Camden City School District. And since 2016, Subaru has provided more than 160 scholarships to support graduating seniors from Camden schools via the "Remarkable Graduates" program.
As part of the Subaru Loves Learning initiative, Subaru of America and more than 600 participating retailers are working with AdoptAClassroom.org to help teachers and schools purchase the tools and materials they need for their students. The adoption of classrooms in the Camden City school district reinforces the automaker's dedication to enhancing the learning experience for students, especially in their hometown of Camden.
For information about Subaru Loves Learning and to find out more about the partners that Subaru supports, visit subaru.com/learning.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $270 million to causes the Subaru family cares about, and its employees have logged nearly 78,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do.
For additional information visit media.subaru.com. Follow us on Facebook, Twitter, and Instagram.
Diane Anton
Corporate Communications Manager
(856) 488-5093
danton@subaru.com
Jessica Caufield
Corporate Communications Specialist
(856) 488-3173
jcaufi@subaru.com
View original content to download multimedia:
SOURCE Subaru of America, Inc. | https://www.wibw.com/prnewswire/2022/08/31/subaru-adopt-all-camden-city-school-district-middle-school-classrooms/ | 2022-08-31T19:29:35Z |
Alex Jones appears for questioning in Sandy Hook lawsuit
HARTFORD, Conn. (AP) — Alex Jones was questioned Wednesday by lawyers for families of Sandy Hook victims in Connecticut, where a judge had ordered the Infowars host to face mounting fines until he appeared for a deposition.
Relatives of some of the 20 children and six educators killed in the 2012 Newtown, Connecticut, massacre sued Jones for defamation after he said the shooting never happened. A judge found Jones liable for damages and a trial on how much he should pay the families is set for August.
Jones, who lives in Texas, had defied a judge’s order to appear for a deposition in the case, saying he was too ill. But Connecticut Judge Barbara Bellis said there wasn’t enough evidence that Jones was too sick to attend and ordered him to come to Connecticut for questioning and pay escalating daily fines until he did so. Jones paid $25,000 in fines for Friday and $50,000 in fines for Monday, according to court records.
Jones said in a video on the Infowars website that the deposition began Tuesday and was to continue Wednesday. He said in the video that the families’ lawyers began the deposition by “demonizing” him for his questioning official versions of events.
“It’s just totally insane to sit there and watch this happen and to watch them lick their lips and lick their chops and think we’re going to finally shut Alex Jones down,” Jones said. “These people want to put us in prison for our speech.”
Jones’ lawyer, Norman Pattis, said tempers flared at times during the deposition on Tuesday, and much of the questioning was not related to the school shooting.
“I had the impression watching the attack on Mr. Jones that this trial will be about something far greater than what happened at Sandy Hook,” Pattis said on the video. “The trial’s going to be about ordinary people’s ability to say I’m not buying it, I want to raise questions, I want to draw my own conclusions.”
The families’ lawyer, Christopher Mattei, said Jones has declared his “entire deposition confidential even while he and his attorney conduct media interviews discussing the details.”
“Accordingly, we are unable to comment further at this time,” Mattei said.
The deposition was held at the Bridgeport office of Koskoff, Koskoff & Bieder. After it ended Wednesday, Pattis filed a court document asking Bellis to return to Jones the $75,000 in fees he paid, which the judge said he could request only after sitting for questioning. Bellis did not immediately rule.
Jones missed the originally scheduled deposition in the case on March 23 and 24 in Austin, Texas. He cited a health issue including vertigo that his doctors initially thought was a serious heart problem but turned out to be a sinus infection.
The plaintiffs have said they have been subjected to harassment and death threats from Jones’ followers because of the hoax conspiracy promoted on his website show. Jones has since conceded the shooting did happen.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/06/alex-jones-appears-questioning-sandy-hook-lawsuit/ | 2022-04-07T05:53:00Z |
DNC officials approve plan to change states for first presidential primaries
(CNN) - Democratic Party officials approved a plan Wednesday that could shake up the presidential primary calendar.
The big unknown is which states will get to hold their primaries first in 2024.
The Democratic National Committee’s new plan does away with the current, traditional set of early states: Iowa, New Hampshire, Nevada and South Carolina.
The updated process would prioritize more diverse battleground states that hold primaries, not caucuses.
States would apply for early primaries, and party officials would pick up to five to go before Super Tuesday.
Those four traditional early states can apply to keep their places.
However, Iowa’s spot would be especially threatened, in part because the largely white state is no longer a battleground.
Also, it is required by state law to hold caucuses.
State parties must submit applications by June 3.
The rules committee will decide in July, and final approval is in August or September.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/04/14/dnc-officials-approve-plan-change-states-first-presidential-primaries/ | 2022-04-16T02:34:58Z |
ORANGE COUNTY, Calif., July 20, 2022 /PRNewswire/ -- UBIX, the Advanced Analytics for Business company, today announced a partnership with TD SYNNEX, a global IT distributor and solutions aggregator formed through the merger of Tech Data and Synnex. This partnership will add the next and maybe most significant technology innovation into and alongside TD Synnex's existing ERP, RPA and BI partnerships and resellers.
"Through our new relationship with TD Synnex, more organizations can now exploit the power of AI for both large strategic initiatives as well as in their day-to-day operations," said John Burke, CEO of UBIX. "We see AI as the next frontier in the data landscape; and ERP, RPA and Business Intelligence vendors and customers alike are embracing this next chapter. We plan to be there to help companies leverage AI in a range of industries from financial services, healthcare, energy, to manufacturing and retail."
"TD SYNNEX is committed to uniting IT solutions that deliver business outcomes today and unlock growth for the future," Cheryl Neal, VP Vendor Acquisition.
"With UBIX added to our portfolio of vendor partners, we're able to enrich the breadth and depth of our offerings so customers can do great things with technology and more importantly with their data. It is becoming increasingly clear that the next value opportunity for midmarket and enterprise organizations is the unification of ERP data with other enterprise data and external market data (e.g. commodity indices, weather, etc.), leveraging data science and AI to drive profitable growth. This partnership with UBIX will accelerate the adoption of advanced analytics and AI by partners and companies to drive timely, reliable foresight and intelligent action quickly and with minimal upfront spend resulting in exponential return on investment for our clients."
The combination of UBIX's advanced analytics and data science cloud platform with an organizations existing technology capability can help midmarket and enterprise organizations to quickly and affordably solve challenging analytics problems that are not possible without data science. UBIX solves problems in the areas of customer analytics, digital marketing, financial analytics, HR analytics, demand forecasting, procurement and more. UBIX helps companies cope with volatility, uncertainty, and risk more effectively.
UBIX is an Advanced Analytics company that enables organizations of all sizes to leverage existing ERP infrastructure, combine internal transactional data with external data (e.g., weather, commodity indices, etc.) to create new insights that drive intelligent action. With UBIX, business users and subject matter experts can quickly and affordably solve challenging analytics problems that are not possible without data science and AI. UBIX handles any number of use cases from the front office (marketing analytics and sales forecasting) to the back-office (accounts receivables analytics, demand planning, inventory control, production scheduling, capacity planning, logistics and more).
UBIX is privately funded and based in Orange County, CA. For more information, visit http://www.ubixlabs.com.
Media Contact:
John Burke
858-539-9214
john@ubixlabs.com
View original content to download multimedia:
SOURCE UBIX | https://www.wibw.com/prnewswire/2022/07/20/ubix-labs-announces-partnership-with-global-it-solutions-aggregator-td-synnex-provide-advanced-analytics-everyone/ | 2022-07-20T18:40:08Z |
PRAGUE, Aug. 23, 2022 /PRNewswire/ -- The Silk & Silk Road Exhibition kicked off in Prague on August 19, 2022. The event was co-hosted by the Chinese embassy in Prague and the China National Silk Museum (CNSM), which coincides with the hosting of the 26th ICOM (International Council of Museums) General Conference held in Prague this year. ICOM, the only global museum association in the world, is made up from more than 49,000 members representing 142 countries and territories.
At the invitation of the organizers, several guests from the ICOM attended the opening ceremony, including ICOM Asia-Pacific Committee chairman Kidong Bae, ICOM-International Committee for Museums of Ethnography chairman Ralf Čeplak Mencin, ICOM-International Committee for Architecture and Museum Techniques chairman Nana Meparishvili, ICOM Mongolia chairman Bumaa Dashdendendev, ICOM South Africa chairman Catherine Snel, ICOM-Venezuela secretary general Lic. Nathiam Vega and ICOM India member. Small but exquisite, they highly appreciate the form of the exhibition, which represents an excellent example for small size exhibition in the museum community.
CNSM, the world's largest silk museum, exhibits a rich and exquisite collection of silk objects at the exhibition with only three boxes from China. Divided into three sections, Silk Technology, Silk Art and the Silk Road, the event provides a detailed introduction to the origin of silk in China, the production process of the material, silk patterns and various derivatives, in addition to showing how silk became a commodity highly valued and sought after the world over following the formation of the Silk Road. Over 30 exhibits and a large number of images relating to silk will be on display, giving Czech visitors an opportunity to understand the origin of the prized material, appreciate the beauty of the natural protein fiber and experience China's Jiangnan culture.
"China and the Czech Republic have established friendly relations in terms of cultural exchanges, and this is my fourth visit to Prague," said CNSM honorary director Zhao Feng, when delivering a speech at the ceremony. The Silk and Silk Road exhibition highlights China's long and rich silk culture as well as the significant role that silk played in the cultural exchanges between China and other countries and regions worldwide, alongside the achievements and progress made in recent years by CNSM and the wider Chinese museum community in archaeological research, conservation of cultural artifacts, inheritance of traditional culture, and collaborations with international museums.
The Silk and Silk Road Exhibition, open at no charge to the public, will continue until August 26, 2022.
View original content to download multimedia:
SOURCE China National Silk Museum | https://www.wibw.com/prnewswire/2022/08/23/china-national-silk-museum-opens-silk-amp-silk-road-exhibition-prague-during-26th-icom-general-conference/ | 2022-08-23T08:57:23Z |
PITTSBURGH, June 21, 2022 /PRNewswire/ -- "I'm a pool service owner and I wanted to create a treatment system to control and prevent the growth of algae within a pool for up to six months," said an inventor, from Las Vegas, Nev., "so I invented the MAGNETIC BLUE. My design would ensure that the water was suitable for use among humans and animals."
The invention provides a convenient and effective chemical/mineral treatment for swimming pool water. In doing so, it helps to stabilize the pH balance within the pool's water. It also controls and eliminates green and yellow algae and it saves time and effort. The invention features an innovative design that is easy to use so it is ideal for the owners of swimming pools.
The original design was submitted to the Las Vegas sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-LGT-193, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
View original content to download multimedia:
SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/06/21/inventhelp-inventor-develops-new-chemicalmineral-treatment-pools-lgt-193/ | 2022-06-21T18:28:48Z |
In partnership with the city of Albuquerque, SWAIA plans October market
SANTA FE, N.M., Sept. 6, 2022 /PRNewswire/ -- The Southwestern Association for Indian Arts (SWAIA) is pleased to announce the debut of Santa Fe Indian Market @ Albuquerque on Saturday, October 1, and Sunday, October 2, from 9 am to 5 pm— downtown Albuquerque at Glorieta Station, 573 Commercial St NE.
The Albuquerque market will offer 100 booths on a first come, first serve basis to SWAIA's 2022 juried artists. "We are leveraging the huge audience that visits Albuquerque each fall for the balloon fiesta and delivering on our organization's mission to provide opportunities to promote Native artists 365 days a year, said SWAIA's Executive Director Kim Peone (Colville Confederated Tribes and Eastern Band of Cherokee Indians).
After the success of this year's Centennial Indian Market in Santa Fe, SWAIA is proceeding with numerous events—including a late September fashion show collaboration with IAIA at Bishop's Lodge, Auberge Resorts Collection, the annual Winter Indian Market in Santa Fe on December 2nd, and 3rd at the Santa Fe Convention Center from 8 am to 5 pm, and the weekend market in Albuquerque.
Applications for artists will be made available on a first-come basis at swaia.org, beginning on Friday, September 2, and closing Friday, September 9.
The Southwestern Association for Indian Arts (SWAIA) is a non-profit organization supporting Native North American arts and culture. It creates economic and cultural opportunities for Native North American artists by producing and promoting the Santa Fe Indian Market, the biggest and most prestigious Indian art event in the world since 1922; cultivating excellence and innovation across traditional and non-traditional art forms; and developing programs and events that support, promote, and honor Native artists year-round. swaia.org
IG: santafeindianmarket
FB: @SWAIA
View original content to download multimedia:
SOURCE Southwestern Association for Indian Arts | https://www.mysuncoast.com/prnewswire/2022/09/06/swaia-debuts-santa-fe-indian-market-albuquerque/ | 2022-09-06T22:11:05Z |
JACKSONVILLE, Fla., April 11, 2022 /PRNewswire/ -- The Link Smart Pet Wearable by Smart Tracking Technologies, LLC has announced that animal behaviorist and celebrity dog trainer Brandon McMillan has joined the Link leadership team. In this role, Brandon will provide content for Link's built-in training tools and expert insight for on-going product innovation.
Brandon, most known for his hit Emmy® winning CBS television series "Lucky Dog," and more recently his wildly popular MasterClass instructional. McMillan has spent his life perfecting the art of dog training and introducing new training systems such as his "7 Common Commands™" and the "Hybrid System" where he takes his knowledge and experience of working with wild animals (specifically wolves) and applies it to the domestic world of dogs. Brandon learned years ago understanding the wolf will teach you everything you need to know about your dog.
"Brandon is a renowned dog trainer, and we are excited to bring his training techniques to all pet parents," said April Boyce, CMO of Smart Tracking Technologies. "We believe Brandon's leadership will greatly enhance Link's current training capabilities and provide enormous benefit to current and future Link customers."
The Link Smart Pet Wearable is a sleek, user-friendly device and is currently the only pet GPS tracking system that features remote tone and vibration training tools for positive reinforcement. The device is built on a proprietary technology platform that works with Link's smartphone app to provide an ecosystem that connects dog parents with every aspect of their pet's well-being. In addition to GPS tracking and customized activity monitoring and analysis, Link Smart Pet Wearable provides access to vet records, unique built-in training tools, and on-the-go resources all supported by a Florida-based concierge services team.
"I am thrilled to be joining the Link family. I believe that smart pet wearables are the future of dog collars and Link is poised to be a leader in the category. Having rescued hundreds of dogs, I know how heartbreaking losing a dog can be. Link provides peace of mind to pet parents knowing where their dog is at all times," said animal behaviorist and expert dog trainer Brandon McMillian. "I train exclusively with tone and vibration and I look forward to creating programs that amplify Link's unique features so pet parents can strengthen their bond with their dogs."
Link and Brandon will work together to create custom dog training videos, consumer events, and educational resources for pet parents to utilize at home and on-the-go with their dogs.
For more information, please visit www.LinkMyPet.com
About Smart Tracking Technologies, LLC
Founded in 2019, Smart Tracking Technologies, LLC (Link) is the technology leader in smart pet wearables and encompasses the entire ecosystem of a pet's wellbeing: Health and Wellness, On the Go Lifestyle, Training and Technology.
View original content to download multimedia:
SOURCE Link My Pet | https://www.wibw.com/prnewswire/2022/04/11/animal-behaviorist-celebrity-dog-trainer-brandon-mcmillan-joins-links-leadership-team/ | 2022-04-11T15:33:22Z |
WASHINGTON (AP) — Austin Riley homered twice, rookie Spencer Strider allowed one hit over 5 2/3 innings, and the Atlanta Braves won their 14th straight game, 8-2 over the last-place Washington Nationals on Wednesday night.
Orlando Arcia, starting at second base in place of the injured Ozzie Albies, had a homer, three singles and a walk for the Braves, who went deep 13 times while outscoring the Nationals 27-11 in sweeping the three-game series.
“Everything seems to be clicking right now for us, top to bottom,” Strider said. “Unfortunately we got Ozzie’s injury, but Arcia stepped right in and looked like he’s been playing every day, so he’s picked up Ozzie big time and we’re in good shape right now.”
Since Albies left Monday’s game with a broken left foot, Arcia is 7 for 9 with four RBIs and three runs scored.
The Braves matched their 14-game run from July 26-Aug. 9, 2013, and are one win away from tying the franchise’s post-1900 record, a 15-game streak from April 16-May 2, 2000.
Surging Atlanta pulled within four games of the NL East-leading Mets, who lost to Milwaukee.
Riley, who also had a single, hit two-run blasts in the seventh and eighth innings, giving him 18 homers this year. He went 0 for 7 in the first two games at Washington.
“I told him, ‘It’s like, man, you got angry there all of a sudden,’” Braves manager Brian Snitker said. “We just know what he’s capable of. He’s learned to hang with himself and take each at-bat as a separate entity and he does a great job of that.”
Strider (3-2) didn’t allow a hit until Luis Garcia homered to right-center with two outs in the fifth. The right-hander was lifted with two outs in the sixth and a runner on first, who later scored.
Making his 15th appearance of the season and fourth start, Strider gave up two runs on one hit with a career-high 11 strikeouts and two walks on 106 pitches. He would have been happy to sacrifice strikeouts for innings.
“Thought I had everything I needed to go deep in the game,” he said. “(But) a lot of two-strike counts and struggled to put some guys away. Where I needed to conserve pitches I wasn’t able to.”
Washington starter Erick Fedde (4-5) went 5 1/3 innings, allowing three runs on seven hits.
With the Braves leading 1-0 in the fourth, Michael Harris II extended his hitting streak to eight games with a two-run single.
After the Nationals pulled within 3-2 in the sixth, Dansby Swanson walked to open the seventh and Riley followed with his first homer of the game to make it 5-2.
MISSING THE PARTY
The Braves dominated the series despite leadoff hitter Ronald Acuña Jr. going 1 for 15 and cleanup hitter Matt Olson finishing 3 for 15.
GARCIA GOING GREAT
The Nationals shortstop extended his hitting streak to six games with the homer. Over that span he is batting .417 (10-for-24) with three RBIs and three runs scored.
TRAINER’S ROOM
Braves: Albies had surgery to stabilize the fracture in his left foot. … Snitker said RHP Collin McHugh, placed on the COVID-19 injured list on June 7, will rejoin the team this weekend in Chicago.
Nationals: RF Juan Soto missed his second game after banging his right knee against the dugout bench Monday night. … SS Alcides Escobar (right hamstring strain) went 1 for 3 with a homer in his first rehab game with Triple-A Rochester on Wednesday.
UP NEXT
Braves: RHP Charlie Morton (4-3, 5.67 ERA) pitches the opener of a three-game series against the Cubs in Chicago. Morton is 4-6 with a 5.44 ERA in 16 career starts against the Cubs.
Nationals: LHP Patrick Corbin (3-8, 6.65 ERA) opposes visiting Philadelphia on Thursday. Corbin, seeking his third straight win, is 3-3 with a 4.05 ERA in 10 starts versus the Phillies since joining Washington in 2019.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/riley-homers-twice-braves-win-14th-straight-8-2-over-nats/ | 2022-06-16T16:02:30Z |
LUND, Sweden, June 13, 2022 /PRNewswire/ -- Alfa Laval has joined the Hydrogen Council, a global CEO-led initiative of companies with a long-term goal of utilizing hydrogen to foster the clean energy transition for a better, more sustainable future. Alfa Laval is now one of about 140 companies from across the globe representing the entire hydrogen value chain.
The Hydrogen Council's members are developing hydrogen solutions to accelerate decarbonization. Hydrogen has a key role to play in the energy landscape of the future. Its unique properties make it a powerful enabler for the energy transition, with benefits for both the energy system and end-use applications like transport and heating.
Alfa Laval is active in the entire hydrogen value chain, from production to utilization in industry, power generation, and transportation – where heat transfer technologies are core components in solutions ranging from hydrogen production, refueling stations to fuel cells and Power-to-X solutions, including both methanol and ammonia production. Alfa Laval's proprietary technologies and heat transfer expertise, in combination with its global manufacturing capabilities, are essential to enable the acceleration of a hydrogen economy through energy efficient and scalable solutions, driving costs down and improving competitiveness.
"We see the hydrogen economy as an inevitable enabler of a Net Zero 2050 and recognize the importance of accelerating the deployment, scaling and commercialization of the technologies to make this happen. Working together with the leading stakeholders in the industry and the members of the Hydrogen Council, we are developing solutions that are crucial for taking hydrogen technologies into the commercialization stage," says Tom Erixon, President and CEO of Alfa Laval.
This is Alfa Laval
Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.
Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.
Alfa Laval has 17,900 employees. Annual sales in 2021 were SEK 40.9 billion (approx. EUR 4 billion). The company is listed on Nasdaq Stockholm.
About The Hydrogen Council
The Hydrogen Council is a global CEO-led initiative that brings together leading companies with a united vision and long-term ambition for hydrogen to foster the clean energy transition. The Council believes that hydrogen has a key role to play in reaching our global decarbonization goals by helping to diversify energy sources worldwide, foster business and technological innovation as drivers for long-term economic growth, and decarbonize hard-to-abate sectors.
Using its global reach to promote collaboration between governments, industry and investors, the Council provides guidance on accelerating the deployment of hydrogen solutions around the world. It also acts as a business marketplace, bringing together a diverse group of 140+ companies based in 20+ countries across the entire hydrogen value chain, including large multinationals, innovative SMEs, and investors.
The Hydrogen Council also serves as a resource for safety standards and an interlocutor for the investment community, while identifying opportunities for regulatory advocacy in key geographies.
For more information please contact:
Johan Lundin
Head of Investor Relations
Alfa Laval
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90
Eva Schiller
PR Manager
Alfa Laval
Tel: + 46 46 36 71 01
Mobile: +46 709 38 71 01
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Alfa Laval | https://www.mysuncoast.com/prnewswire/2022/06/13/alfa-laval-joins-hydrogen-council/ | 2022-06-13T12:55:43Z |
- Reports Record 1Q Revenue of $1.4 Billion, up 25% from 1Q21
- Expands National LTM Market Share to 5.8%, up 150 basis points from 1Q21 LTM
NEW YORK, May 12, 2022 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading tech-enabled real estate brokerage, today announced that revenue for the first quarter 2022 was $1.4 billion, an increase of 25% year-over-year.
The Compass technology and services platform contributed to year-over-year Total Transactions and Gross Transaction Value growth of 18% and 23%, respectively, for the first quarter. Market share increased to 5.8% over the last twelve months ("LTM") up from 4.3% LTM in 2021 and increased to 6.1% in 1Q22, up from 5.6% in 4Q21.
"We delivered $1.4 billion in revenue, a first quarter record for Compass," said Robert Reffkin, Founder, Chairman, and CEO of Compass. "Compass agents have consistently demonstrated their ability to grow in a variety of market conditions and in the first quarter, they grew market share to 6.1%, our second highest market share quarter ever. This is even more impressive since the first quarter is typically our slowest volume quarter. Consistent with historical performance over the past four years, we expect to take even more share through the remainder of 2022."
Reffkin continued, "The Compass platform has been a major factor in our ability to take share by attracting agents and helping them grow their business. We see the current macro uncertainty as an opportunity for us to extend our technology lead over the rest of the industry, creating an even wider moat. Most importantly, we have significant capacity to reduce spending as necessary, while continuing to grow our business, improve our cash position and drive positive free cash flow in 2023."
As of the end of the first quarter, the Company had $476 million in cash and access to a $350 million revolver.
Net loss attributable to Compass was $188 million and Adjusted EBITDA loss was $97 million in the first quarter. A significant driver of the net loss was non-cash stock based compensation expense of $64 million. The Company expects the first quarter to be its largest net loss quarter of the year, consistent with historical seasonality.
Additional information can be found in the Company's 1Q 2022 Business Update and Supplementary Information Presentation on the Investor Relations section of the Compass website at https://investors.compass.com.
Outlook
2Q22 and FY22 Outlook:
- 2Q22:
- FY22:
2025 Targets:
- FY25 Adjusted EBITDA Margin of 10% and minimum Adjusted EBITDA of $1.2 billion
- FY25 Free Cash Flow Margin of at least 8-9%1
We have not reconciled our guidance for Adjusted EBITDA to GAAP Net Loss because certain expenses excluded from GAAP Net Loss when calculating Adjusted EBITDA cannot be reasonably calculated or predicted at this time. Additionally, we have not reconciled our guidance for Free Cash Flow Margin because the components of free cash flow cannot be reasonably calculated or predicted at this time. Accordingly, reconciliations are not available without unreasonable effort.
1Q22 Financial Highlights:
- Revenue increased by 25% year-over-year to a first quarter record of $1.4 billion as transactions increased 18%.
- GAAP Net Loss attributable to Compass, Inc. was $188 million, compared to $212 million in 1Q21.
- Adjusted EBITDA2 was $(97) million, compared to $(31) million in 1Q21.
1Q22 Operational Highlights:
- Agents: Average Number of Principal Agents was 12,574, an increase of 398 from 4Q21.
- Transactions: Compass agents closed a first quarter record 47,367 Total Transactions, up 18% year-over-year, compared to a (5)% decline in transactions for the residential real estate market3.
- Gross Transaction Value ("GTV")4: GTV of $53.7 billion increased by 23% year-over-year. This was a first quarter record for Compass, reflecting strong transaction volume and higher average transaction value.
- Markets: In 1Q22, Compass entered two new markets, bringing the total markets served to 71 at the end of the quarter. On a last twelve months' basis, Compass national market share was 5.8% in 1Q22, up from 5.6% in 4Q21 and 4.3% in LTM 1Q21. In 1Q22 alone, Compass' national market share was 6.1%, up from 5.2% in 1Q21.
1Q22 Operational Update:
- Entire Transaction: In the near future, all Compass agents will be able to facilitate the entire real estate transaction -- including offers, forms and e-signatures -- on the Compass platform with no need to use third-party real estate software.
- Title and Escrow: On May 11th, Compass acquired the Consumer's Title Company of California. Licensed in every county in California, Consumer's Title will dramatically expand Compass' settlement services footprint across the state. Compass now offers Title and Escrow services in nine states plus Washington DC, with expanded coverage in California, covering nearly half of our Total Transaction volume, giving us opportunities to drive incremental revenue on each of our transactions. Compass' Title & Escrow services were utilized on a mid-single digit percentage of our Total Transactions in 1Q22.
- Mortgage: OriginPoint wrote its first mortgages in 4Q21 and expects to offer mortgage services across additional Compass markets by year-end 2022. OriginPoint has obtained required licenses in 26 states plus Washington DC and currently has over 30 loan officers operating in seven states plus Washington DC.
Conference Call Information
Management will conduct a conference call to discuss the first quarter results as well as outlook at 5:00 p.m. ET on May 12, 2022. The conference call will be accessible via the Internet on the Compass Investor Relations website https://investors.compass.com. You can also access the audio webcast via the following link: Compass Inc. 1Q22 Earnings Conference Call.
An audio recording of the conference call will be available for replay shortly after the call's completion. To access the replay, visit the Events and Presentations section on the Compass Investor Relations website at https://investors.compass.com.
Safe Harbor Statement
This press release includes forward-looking statements, which are statements other than statements of historical facts, and statements in the future tense. These statements include, but are not limited to, statements regarding our future performance, including expected financial results for the second quarter and full year of 2022, long-term financial targets for full year of 2025, and our expectations for operational achievements. Forward-looking statements are based upon various estimates and assumptions, as well as information known to us as of the date of this press release, and are subject to risks and uncertainties, including but not limited to: general economic conditions (including inflation and interest rates), the health of the U.S. real estate industry, and risks generally incident to the ownership of residential real estate, including seasonal and cyclical trends; our ability to continuously innovate, improve and expand our platform; our ability to attract new agents and retain current agents or increase agents' utilization of our platform; our ability to expand our brokerage and adjacent services businesses; our ability to offer additional adjacent services; our ability to grow revenue from adjacent services at our anticipated rate; our ability to achieve expected benefits from our mortgage business and our joint venture, OriginPoint; our rapid growth and rate of growth; our net losses and ability to achieve or sustain profitability in the future; any future impact of the ongoing COVID-19 pandemic on our business; our ability to compete successfully in the markets in which we operate; the effect of monetary policies of the federal government and its agencies; any decreases in our gross commission income or the percentage of commissions that we collect; fluctuation of our quarterly results and other operating metrics; our ability to successfully complete acquisitions and integrate target companies; the effect of the claims, lawsuits, government investigations and other proceedings that we are subject to from time to time; our ability to protect our intellectual property rights; and other general market, political, economic, and business conditions. Additionally, these forward-looking statements, particularly our expected financial results and long-term financial targets, involve risks, uncertainties and assumptions, including those related to any future impacts of the ongoing COVID-19 pandemic and inflationary pressure on our clients' spending decisions. Significant variation from the assumptions underlying our forward-looking statements could cause our actual results to vary, and the impact could be significant. Accordingly, actual results could differ materially from those predicted or implied or such uncertainties could cause adverse effects on our results. Reported results should not be considered as an indication of future performance.
Additional risks and uncertainties that could affect our financial results are included under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 28, 2022, which is available on the Investor Relations page of our website at https://investors.compass.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 March 31, 2022 when filed. All forward-looking statements contained herein are based on information available to us as of the date hereof, and we do not assume any obligation to update these statements as a result of new information or future events. Undue reliance should not be placed on the forward-looking statements in this press release.
Non-GAAP Financial Measures
To supplement our condensed consolidated financial statements, which are prepared in accordance with GAAP, we present Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin, which are non-GAAP financial measures, in this press release. We use Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies and to communicate with our board of directors concerning our financial performance. We believe Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin are also helpful to investors, analysts and other interested parties because they can assist in providing a more consistent and comparable overview of our operations across our historical financial periods. Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin have limitations as analytical tools, therefore you should not consider them in isolation or as substitutes for analysis of our results as reported under GAAP. Because of these limitations, you should consider Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin alongside other financial performance measures, including net loss attributable to Compass, Inc., operating cash flows and our other GAAP measures. In evaluating Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments reflected in this press release. Our presentation of Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin should not be construed to imply that our future results will be unaffected by the types of items excluded from the calculation of Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin. Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin are not presented in accordance with GAAP and the use of these terms varies from others in our industry.
Reconciliations of these non-GAAP measures have been provided in the financial statement tables included in this press release and investors are encouraged to review these reconciliations.
About Compass
Founded in 2012, Compass is the largest residential real estate brokerage in the United States.5 The technology-enabled brokerage provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.Compass.com.
1 Free cash flow represents cash flows from operating activities, less capital expenditures.
2 A reconciliation of GAAP to Non-GAAP measures can be found within the financial statement tables included within this press release.
3 We calculate Total Transactions by taking the sum of all transactions closed on the Compass platform in which our agent represents the buyer or seller in the purchase or sale of a home (excluding rental transactions). We include a single transaction twice when one or more Compass agents represent both the buyer and seller in any given transaction. (5)% figure based on NAR (National Association of Realtors) data as of March 2022.
4 Gross Transaction Value is the sum of all closing sale prices for homes transacted by agents on the Compass platform (excluding rental transactions). We include the value of a single transaction twice when our agents serve both the home buyer and home seller in the transaction.
5 T. Velt, "RealTrends 500: The Rise of Compass," RealTrends, Online, HW Media, 3/25/2022, https://www.realtrends.com/realtrends-500-the-rise-of-compass/.
View original content to download multimedia:
SOURCE Compass | https://www.mysuncoast.com/prnewswire/2022/05/12/compass-inc-reports-first-quarter-2022-results/ | 2022-05-12T22:39:59Z |
TOSHIBA, NSTA EXPLORAVISION SPONSORED CONTENT — This year marks the 30th anniversary of the world’s largest K-12 science competition.
“Mr. Fascinate” Justin Shaifer joined Inside DFW from the National Press Club to introduce some of the winners of the Toshiba/NSTA Exploravision Awards.
Shaifer is famously known for promoting science education through media and Ted Talks. He was joined by student winners from Sonny and Joanne McSpedden Elementary School in Frisco. | https://cw33.com/news/mr-fascinate-talks-about-the-toshiba-nsta-exploravision-awards/ | 2022-06-24T18:22:38Z |
Did you lose money on investments in Apyx Medical? If so, please visit Apyx Medical Corporation Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, June 29, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX) between May 12, 2021 and March 11, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Middle District of Florida and alleges violations of the Securities Exchange Act of 1934.
Apyx claims to be an advanced energy technology company with products in the cosmetic and surgical markets. Nearly 80% of the Company's revenue is derived from the Advanced Energy segment, which consists of Apyx's helium plasma technology that is marketed and sold as Renuvion (in the cosmetic surgery market) and J-Plasma (in the hospital surgical market).
Plaintiff alleges that Defendants made materially false and misleading statements throughout the Class Period. Specifically, Plaintiff alleges that Defendants failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; and (4) as a result of the foregoing, the Company's financial results would be adversely impacted.
On March 14, 2022, Apyx disclosed that the U.S. Food and Drug Administration ("FDA") would be posting a Medical Device Safety Communication ("MDSC") related to the Company's Advanced Energy Products. The Company further disclosed that "[b]ased on our initial interactions with the FDA, we believe the Agency's MDSC will pertain to the use of our Advanced Energy products outside of their FDA-cleared indication for general use in cutting, coagulation, and ablation of soft tissue during open and laparoscopic surgical procedures."
On this news, the Company's stock fell over 40%, to close at $5.88 per share on March 14, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than August 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased APYX securities, and/or would like to discuss your legal rights and options please visit Apyx Medical Corporation Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
View original content to download multimedia:
SOURCE Bernstein Liebhard LLP | https://www.mysuncoast.com/prnewswire/2022/06/29/apyx-medical-corporation-nasdaq-apyx-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-apyx-medical-corporation-nasdaq-apyx/ | 2022-06-29T21:45:21Z |
Highlights progress toward achieving vision "to be the most trusted name in food and agricultural products®"
SALISBURY, Md., July 25, 2022 /PRNewswire/ -- Perdue Farms announced today the release of its Fiscal Year 2022 Company Stewardship Report focusing on four areas - Food, Environment, Animal Care, and People and Partners. This new report highlights a second year operating amid a global pandemic, elevating the company's commitment to alleviating food insecurity, offering consumers new and innovative products, advancing its industry leading-animal care commitment, and creating a more diverse and inclusive workplace.
Released during the company's 102nd year, the report notes progress made in the key areas of environment, communities and people, and reinforcing the company's stewardship platform: We believe in responsible food and agriculture®. The report also highlights how the company's sustainability efforts align with the 17 United Nations Sustainable Development Goals.
"In the past year, we continued to face some of the toughest challenges in our history – navigating through a global pandemic, inflationary costs, and persistent supply chain issues. Our new reality reinforced the importance of operating in a way that supports the well-being of our associates and consumers who purchase our products, as well as the future of the shared planet we all call home," said Perdue Farms CEO Randy Day. "We are incredibly thankful for our more than 20,000 associates and 10,000 farmer and ranch partners for their continued dedication and service in fulfilling their essential roles to help keep our nation's families fed."
"Since our beginning, Perdue Farms has focused on operating responsibly, rooted in our core values of quality, integrity, teamwork and stewardship. This focus has kept us grounded and guides us in making the best decisions for all our stakeholders and the planet as we continue working toward achieving our vision 'to be the most trusted name in food and agricultural products'," said Perdue Farms Chairman Jim Perdue.
The report is available at www.responsiblefoodandagriculture.com formatted to showcase report highlights for convenient web access and in an e-book format.
Report highlights include:
- People and Partners: The company continued to make progress in being a responsible employer, investing in associates' growth, safety and well-being.
- Food: The company continued a legacy of product innovation with the introduction of new products from its portfolio of brands.
- Environment: The company made progress toward achieving its 2023 environmental sustainability goals and being good stewards of the environment.
- Animal Care: The company continued its industry-leading animal care initiatives, commitment to transparency and hosted its sixth Animal Care Summit.
- Communities: Through our Delivering Hope To Our Neighbors® initiative, Perdue Farms and the Franklin P. and Arthur W. Perdue Foundation made a meaningful impact in the communities where the company operates through financial support, community giving, hunger relief and disaster recovery support, associate volunteerism and working with stakeholders to make meaningful change.
We're a fourth-generation, family owned, U.S. food and agriculture company. Through our belief in responsible food and agriculture, we are empowering consumers, customers, and farmers through trusted choices in products and services.
The premium protein portfolio within our Perdue Foods business, including our flagship PERDUE® brand, Niman Ranch®, Panorama Organic Grass-Fed Meats®, Coleman Natural®, and Yummy®, as well as our pet brands, Spot Farms® and Full Moon®, is available through various channels including retail, foodservice, club stores, and our direct-to-consumer website, PerdueFarms.com.
Perdue AgriBusiness is an international agricultural products and services company.
Now in our company's second century, our path forward is about getting better, not just bigger. We never use drugs for growth promotion in raising poultry and livestock, and we are actively advancing our animal welfare programs. Our brands are leaders in no-antibiotics-ever chicken, turkey, pork, beef and lamb, and in USDA-certified organic chicken and beef. Learn more at Corporate.PerdueFarms.com.
View original content to download multimedia:
SOURCE Perdue Farms | https://www.wibw.com/prnewswire/2022/07/25/perdue-farms-releases-fy22-company-stewardship-report/ | 2022-07-25T14:37:51Z |
California woman arrested on suspicion of poisoning husband
IRVINE, Calif. (AP) - Police have arrested a Southern California woman on the suspicion of poisoning her husband.
Police in the Orange County city of Irvine say a man reported Thursday that he believed he was being poisoned by his wife of 10 years after he grew ill over the course of a month.
The man had video evidence he also provided to authorities, police said in a statement. He had internal injuries but is expected to recover, the statement said.
Yue Yu, 45, was arrested Thursday after investigators interviewed her and searched the couple’s home, the statement said. She is due to appear in court Monday and is being held on $30,000 bail, online jail records show.
It was not immediately known whether Yu had an attorney.
Yu is a dermatologist in Orange County and attended medical school at Washington University in St. Louis, Missouri, according to her office’s website. A message was left seeking comment at the office.
Providence Mission Hospital, where Yu can see patients, said in a statement Friday that the hospital is cooperating with police and the incident was a domestic issue and has not affected patient care.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/06/california-woman-arrested-suspicion-poisoning-husband/ | 2022-08-06T17:07:58Z |
Diamondbacks place C Jose Herrera on injured list
CHICAGO (AP) — The Arizona Diamondbacks have placed catcher Jose Herrera on the injured list without a designation, indicating a potential COVID-19 issue with the team. The move with Herrera comes one day after left-hander Kyle Nelson and outfielder Cooper Hummel were placed on the IL without any injury designation. The team announced the same move for infielder Nick Ahmed on Monday. With Herrera on the IL, catcher Grayson Greiner was promoted from Triple-A Reno before Arizona’s series opener against the Chicago Cubs. | https://localnews8.com/news/2022/05/19/diamondbacks-place-c-jose-herrera-on-injured-list/ | 2022-05-20T01:11:09Z |
Between the new covenant wrought with blood on Good Friday and the hope forever established on Resurrection Sunday, there is a Silent Saturday. Silence when God is calling us to be still, to have our genuine faith refined and our love revealed.
Silent Saturdays are sometimes hard and prolonged.
Reflect on Job’s long days sitting in agony; scraping his sores and grieving his losses; his “friends” accusations stabbing at his soul; still trusting the goodness of God though he could not understand. Job wanted an audience with God or an intermediary; he waited for a word from God. He despaired of his own life, but he did not despair of his faith.
The Jewish people were enslaved in Egypt; harsh bondage for generations, crying out to God and waiting for deliverance. Their cries did reach God, and in His timing God would send Moses, but first, there are 430 years of silence. Years when the faith of His people had to grow in the face of injustice, in the echoing of not yet answered questions — “Where Is God?” “Why isn’t He doing something?” “Why doesn’t He speak?”
A similar 400 years silently span the time from Malachi and Matthew, years without a prophetic word from God. The calls to repent echoed from the scriptures, but centuries of difficulties and injustice under the Seleucids and the Romans stretched out waiting for Messiah to come — hard years, silent years.
God will come to Job, declare truth and restore life. Israel will be brought out of Egypt and God will give His law on Mount Sinai. The angels will announce to the shepherds; the Savior will be born in Bethlehem; He will speak words of life. But first, there were many silent days.
Perhaps you find yourself in the midst of a Silent Saturday.
You know God could have protected you from someone’s evil act — He could have stopped it and judged but He has not … yet.
He did not stop Cain from killing Abel. You know He could prosper you, and that there are abundant rewards in heaven, but today you are in need. You know He could heal your loved one, and that he/she will someday receive a body that will never again get sick, but today is a long day of suffering and God is silent. Injustice will be judged; rewards will be received; healing will be realized; but today is your Silent Saturday.
Man was not made for the Sabbath, but the Sabbath was made for man; so also, Silent Saturdays are made for you. Your faith in God and love of God cannot be based merely on His protection and blessings. Your “words of faith” will not force the sovereign Lord to act or to shorten a Silent Saturday. He is refining your faith. He is revealing your love for Him and who He is — not just love for what He does.
You, and your genuine faith and love are the most precious aspects of all creation. Only you and the word of God are going to last into eternity with God; everything else will be destroyed and there will be a new heaven and a new Earth. Until then, all creation is groaning, and waiting.
Until then, God is grieved by all the injustice and brokenness — and because He loves more than us, He grieves more deeply. For our benefit. He gives us these Silent Saturdays before the trumpet sounds and the Angels shout and He returns in power to judge the world and bring His rewards.
On Silent Saturdays we look back to what God has done — to His faithfulness, and mighty deeds, to His many blessings and especially to the sacrificial death of His Son to pay for our sin and give us eternal life. On Silent Saturdays we look forward to the resurrection — to all that we have hoped for by faith being seen and experienced.
On Silent Saturdays we learn to be still, to be quiet in God’s presence. On Silent Saturdays, when we do not understand, we hold on to our genuine faith and love for God and we wait. Between Good Friday and Resurrection Sunday we have the gift of Silent Saturday. | https://www.tdtnews.com/life/faith/article_3effc7ee-bcbf-11ec-8e53-537a8c159759.html | 2022-04-16T08:16:23Z |
Reports second quarter 2022 GAAP earnings of $0.33 per share and operating (non-GAAP) earnings of $0.53 per share, in top end of guidance range
Closed on minority sale of FET LLC, raising $2.4 billion at historic premium valuation
Solid execution to improve the balance sheet with over $2.5 billion of debt retired year-to-date
Anticipates achieving targeted FFO/Debt of ~13% in 2023, ahead of schedule
Updates and affirms full-year GAAP and operating guidance and provides outlook for third quarter
AKRON, Ohio, July 26, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today reported second quarter 2022 GAAP earnings of $187 million, or $0.33 per basic and diluted share, on revenue of $2.8 billion. In the second quarter of 2021, the company reported GAAP earnings of $58 million, or $0.11 per basic and diluted share, on revenue of $2.6 billion. GAAP results include special items listed below.
Operating (non-GAAP) earnings* were $0.53 per share for the second quarter of 2022, in the upper end of the company's guidance range. In the second quarter of 2021, operating (non-GAAP) earnings were $0.59 per share and $0.47 per share on a pro forma basis when adjusting for the company's previously announced accounting policy changes, Ohio rate credits and equity financing transactions.
"Through the first half of 2022, we've made tremendous progress to strengthen our culture, optimize our operations and bolster our financial position, supporting our mission to become a more customer-focused and sustainable company," said Steven E. Strah, FirstEnergy president and chief executive officer. "We made substantial progress to improve the balance sheet by utilizing the proceeds from our historic equity raises to retire over $2.5 billion of debt and fund our regulated capital investment programs that generate strong earnings and cash flow," he added. "We now believe we are on the path to achieve solid investment grade credit metrics of approximately 13% Funds from Operations to Debt in 2023 – one year ahead of schedule."
For the third quarter of 2022, the company is providing a GAAP and operating (non-GAAP) forecast range of $400 million to $455 million, or $0.70 to $0.80 per share based on 571 million shares outstanding.
FirstEnergy updated its full-year 2022 GAAP earnings forecast range to $1,240 million to $1,355 million, or $2.17 to $2.37 per share based on 571 million shares outstanding. The company also affirmed its full-year 2022 operating (non-GAAP) earnings guidance range of $1,315 million to $1,430 million, or $2.30 to $2.50 per share based on 571 million shares outstanding.
Second Quarter Results
Second quarter and year-to-date 2022 results reflect the impacts of certain accounting policy changes, rate credits that were provided to Ohio customers under the company's previously approved stipulation, and dilution related to the common equity financing transaction that closed at the end of 2021 and the sale of a minority interest in FirstEnergy Transmission, LLC that closed on May 31, 2022.
Excluding the impact of these items, second quarter operating results in the Regulated Distribution business declined slightly as a result of lower residential customer usage and higher planned expenses. This was partially offset by higher revenues related to capital investment programs in Ohio, Pennsylvania and New Jersey.
Total distribution deliveries increased 0.7% compared to the second quarter of 2021. Residential sales decreased 1.6%, largely due to milder weather, while Commercial deliveries increased 1.5% and sales to industrial customers increased 2.4%, reflecting a recovery from pandemic conditions. When adjusted for the impact of weather, total deliveries rose 1.3%, driven by a 2% increase in demand from commercial and industrial customers.
In the Regulated Transmission business, second quarter 2022 operating results benefited from the company's ongoing Energizing the Future capital investment program and lower revolver borrowings.
In the Corporate/Other segment, second quarter 2022 operating results improved as compared to the second quarter of 2021 due to higher returns on legacy, commodity-based investments, lower interest expense due to recent early debt redemptions and higher discrete tax benefits.
First Half Results
For the first half of 2022, FirstEnergy reported GAAP earnings of $475 million, or $0.83 per basic and diluted share, on revenue of $5.8 billion. This compares to GAAP earnings of $393 million, or $0.72 per basic and diluted share, on revenue of $5.3 billion in the first half of 2021. Results for both periods reflect the impact of special items listed below.
Operating (non-GAAP) earnings* for the first half of 2022 were on target at $1.12 per share, compared to $1.28 per share in the first half of 2021 and $1.06 per share on a pro forma basis in the first half of 2021, when adjusting for the impacts of accounting policy changes, Ohio rate credits and equity financing transactions described above.
Results for the first half of 2022, as compared to the same period of last year, primarily reflect the impact from higher investments and lower interest expense, partially offset by higher planned operating expenses.
Non-GAAP financial measures
* Operating earnings (loss) excludes "special items" as described below, and is a non-GAAP financial measure. Special items represent charges incurred or benefits realized that management believes are not indicative of, or may obscure trends useful in evaluating the Company's ongoing core activities and results of operations or otherwise warrant separate classification. Special items are not necessarily non-recurring. Management uses Operating earnings (loss) and Operating earnings (loss) per share to evaluate the Company's performance and manage its operations and frequently references these non-GAAP financial measures in its decision making, using them to facilitate historical and ongoing performance comparisons. Additionally, management uses Operating earnings (loss) per share by segment to further evaluate the Company's performance by segment and references this non-GAAP financial measure in its decision making. Operating earnings (loss) per share and Operating earnings (loss) per share for each segment is calculated by dividing Operating earnings (loss), which excludes special items as discussed herein, for the periods presented by the number of shares outstanding. Basic EPS (GAAP) and Operating EPS (Non-GAAP), as well as Basic EPS (GAAP) and Operating EPS (Non-GAAP) for each segment, are based on 571 million shares for the second quarter, first half, third quarter and full year of 2022 and 544 million for the second quarter and first six months of 2021. Furthermore, pro forma earnings per share are also a non-GAAP financial measure and adjust the 2021 operating earnings (loss) per share for the three and six months ended June 30, 2021, for certain accounting policy changes, rate credits and equity financing transactions that took effect or began to impact in 2022, which management believes provides for a more consistent and comparable measure of performance of its businesses period-over-period. Management believes that the non-GAAP financial measures of Operating earnings (loss) and Operating earnings (loss) per share, Operating earnings (loss) per share by segment, and pro forma earnings per share provide consistent and comparable measures of performance of its businesses on an ongoing basis. Management also believes that such measures are useful to shareholders and other interested parties to understand performance trends and evaluate the Company against its peer group by presenting period-over-period operating results without the effect of certain charges or benefits that may not be consistent or comparable across periods or across the Company's peer group. Generally, a non-GAAP financial measure is a numerical measure of a company's historical or future financial performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with accounting principles generally accepted in the United States (GAAP). These non-GAAP financial measures are intended to complement, and are not considered as alternatives to, the most directly comparable GAAP financial measures. Also, the non-GAAP financial measures may not be comparable to similarly titled measures used by other entities. Pursuant to the requirements of Regulation G, FirstEnergy has provided, where possible without unreasonable effort, quantitative reconciliations within this presentation of the non-GAAP financial measures to the most directly comparable GAAP financial measures.
Investor Materials and Teleconference
FirstEnergy's Strategic and Financial Highlights is posted on the company's Investor Information website – www.firstenergycorp.com/ir. To access the report, click on the Second Quarter 2022 Financial Results link.
The company invites investors, customers and other interested parties to listen to a live webcast of its teleconference for financial analysts and view presentation slides at 11:00 a.m. EDT tomorrow. FirstEnergy management will present an overview of the company's financial results, followed by a question-and-answer session. The teleconference and presentation can be accessed on the website by selecting the Second Quarter 2022 Earnings Webcast link. The webcast and presentation will be archived on the website.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
Forward-Looking Statements: This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 based on information currently available to management. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements include declarations regarding management's intents, beliefs and current expectations. These statements typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "intend," "believe," "project," "estimate," "plan" and similar words. Forward-looking statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, which may include the following the potential liabilities, increased costs and unanticipated developments resulting from government investigations and agreements, including those associated with compliance with or failure to comply with the Deferred Prosecution Agreement entered into on July 21, 2021, with the U.S. Attorney's Office for the Southern District of Ohio; the risks and uncertainties associated with government investigations and audits regarding Ohio House Bill 6, as passed by Ohio's 133rd General Assembly ("HB 6") and related matters, including potential adverse impacts on federal or state regulatory matters, including, but not limited to, matters relating to rates; the risks and uncertainties associated with litigation, arbitration, mediation, and similar proceedings, particularly regarding HB 6 related matters, including risks associated with obtaining court approval of the settlement agreement in the derivative shareholder lawsuits; changes in national and regional economic conditions, including recession and inflationary pressure, affecting us and/or our customers and those vendors with which we do business; weather conditions, such as temperature variations and severe weather conditions, or other natural disasters affecting future operating results and associated regulatory actions or outcomes in response to such conditions; legislative and regulatory developments, including, but not limited to, matters related to rates, compliance and enforcement activity, cybersecurity, and climate change; the ability to accomplish or realize anticipated benefits from our FE Forward initiative and our other strategic and financial goals, including, but not limited to, overcoming current uncertainties and challenges associated with the ongoing government investigations, executing our transmission and distribution investment plans, greenhouse gas reduction goals, controlling costs, improving our credit metrics, growing earnings and strengthening our balance sheet; changing market conditions affecting the measurement of certain liabilities and the value of assets held in our pension trusts may negatively impact our results of operations and related guidance, and may also cause us to make contributions to our pension sooner or in amounts that are larger than currently anticipated; the risks associated with cyber-attacks and other disruptions to our, or our vendors', information technology system, which may compromise our operations, and data security breaches of sensitive data, intellectual property and proprietary or personally identifiable information; mitigating exposure for remedial activities associated with retired and formerly owned electric generation assets; the ability to access the public securities and other capital and credit markets in accordance with our financial plans, the cost of such capital and overall condition of the capital and credit markets affecting us, including the increasing number of financial institutions evaluating the impact of climate change on their investment decisions; the extent and duration of the COVID-19 pandemic and the related impacts to our business, operations and financial condition resulting from the outbreak of COVID-19 including, but not limited to, disruption of businesses in our territories, supply chain disruptions, additional costs, workforce impacts and governmental and regulatory responses to the pandemic, such as the moratoriums on utility disconnections and workforce vaccination mandates imposed at varying points throughout the pandemic; actions that may be taken by credit rating agencies that could negatively affect either our access to or terms of financing or our financial condition and liquidity; changes in assumptions regarding factors such as economic conditions within our territories, the reliability of our transmission and distribution system, or the availability of capital or other resources supporting identified transmission and distribution investment opportunities; changes in customers' demand for power, including, but not limited to, economic conditions, the impact of climate change, or energy efficiency and peak demand reduction mandates; the potential of non-compliance with debt covenants in our credit facilities; the ability to comply with applicable reliability standards and energy efficiency and peak demand reduction mandates; changes to environmental laws and regulations, including, but not limited to, those related to climate change; labor disruptions by our unionized workforce; changes to significant accounting policies; any changes in tax laws or regulations, or adverse tax audit results or rulings; the risks and other factors discussed from time to time in our Securities and Exchange Commission ("SEC") filings. Dividends declared from time to time on FirstEnergy Corp.'s common stock during any period may in the aggregate vary from prior periods due to circumstances considered by FirstEnergy Corp.'s Board of Directors at the time of the actual declarations. A security rating is not a recommendation to buy or hold securities and is subject to revision or withdrawal at any time by the assigning rating agency. Each rating should be evaluated independently of any other rating. These forward-looking statements are also qualified by, and should be read together with, the risk factors included in FirstEnergy Corp.'s filings with the SEC, including, but not limited to, the most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and any subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The foregoing review of factors also should not be construed as exhaustive. New factors emerge from time to time, and it is not possible for management to predict all such factors, nor assess the impact of any such factor on FirstEnergy Corp.'s business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statements. FirstEnergy Corp. expressly disclaims any obligation to update or revise, except as required by law, any forward-looking statements contained herein or in the information incorporated by reference as a result of new information, future events or otherwise.
View original content to download multimedia:
SOURCE FirstEnergy Corp. | https://www.mysuncoast.com/prnewswire/2022/07/26/firstenergy-announces-second-quarter-2022-financial-results/ | 2022-07-26T21:01:27Z |
BEIJING, Sept. 5, 2022 /PRNewswire/ -- A news report from China.org.cn on Chongqing's mountain fire and the greatness of the ordinary people:
This video you see was filmed just several days ago in Chongqing, China.
The red captures the blazing forest mountain fires, while the light blue emanates from the headlamps of all those walking towards the fire.
Chongqing, a metropolis in south-west China, is aptly dubbed the "mountain city". So much of the city is built on the mountains that it's hard to distinguish between the two. The scorching heat in late August set alight mountain fires across multiple spots in Chongqing. Some of the fires lasted for days, and in order to prevent them from rampaging to residential areas, fire fighters immediately got down to business.
The mountains, home to dense forests and perilous slopes, render them virtually impassable to automobiles. In such case, motorcycles are the most ideal option for carrying goods and personnel to the frontline. On hearing this, motorcycle dealers, motorcycle lovers, or even delivery drivers lined up to volunteer. Ding Yuncong, a fresh college graduate who claims himself to be "a lazy heat-fearing" guy, joined the volunteers without the slightest hesitation. Lacking a luggage rack on his motorbike, Ding carried all the goods on his shoulder. 25-year-old female rider Wu Puhui is an experienced motorcyclist. She rode up the mountain several dozen times every day, carrying more than 40 kilos of goods. The red bow she tied on her helmet adds a vivid spectacle to the dusty mountain paths. After a few days of volunteering, many motorbikes were worn out and needed repair. The owners, who have always cherished their motorbikes, did not say a single word of complaint.
While the motorcyclists kept the lifeblood of supplies running, many others did not sit around idly. Francis Stonier, an associate professor at Southwest University, responded quickly when he learned that experienced chainsaw users were needed. Together with other volunteers, he assembled 50 chainsaws on short notice. He said Chongqing is also his home. A restaurant owner in Chongqing provided food for frontline firefighters, and when preparing the food, she kept telling her staff to "pack more meat" for them. Firefighters who went downhill after fighting the flames took a rest at a villager's courtyard, and some were so tired that they fell asleep on the ground. The 95-year-old owner felt great sympathy and cooked porridge for them. She said: "I just want to feed these kids." Helping with fire-fighting, patrolling, creating fire breaks, transporting supplies, coordinating, logistical support… People despite their age, gender or origin, devoted themselves to these challenging tasks. They are all just ordinary people. But in the face of devouring fires, the love and selflessness that come from within has made every ordinary person a hero.
All the mountain fires in Chongqing have now been put out. In the wake of this disaster, locals are planning to plant new trees to rejuvenate the mountains in Chongqing next spring.
China Mosaic
http://www.china.org.cn/video/node_7230027.htm
Walking towards fire Everyday citizens, also heroes
http://www.china.org.cn/video/2022-09/05/content_78405464.htm
View original content to download multimedia:
SOURCE China.org.cn | https://www.wibw.com/prnewswire/2022/09/05/walking-towards-fire-everyday-citizens-also-heroes/ | 2022-09-05T13:57:41Z |
Officials: Nurse accused of killing 97-year-old vet by ‘intentional medical maltreatment’
LEXINGTON, Ky. (WKYT/Gray News) - A Kentucky nurse is accused of killing a 97-year-old man by “medical maltreatment,” authorities say.
According to court documents obtained by WKYT, 52-year-old Eyvette Hunter was indicted Monday on a murder charge and taken into police custody Tuesday.
The indictment reportedly said Hunter unlawfully caused the death of James Morris on April 30 by “intentional medical maltreatment.” Morris, a veteran of World War II and the Korean War, had suffered a fall and was admitted to Baptist Health Lexington for treatment.
Hunter’s nursing license was also suspended Monday, according to a complaint filed with the Kentucky Board of Nursing.
The suspension order gave more details about what allegedly happened, saying Hunter had worked as a nurse at Baptist Health and was treating a 97-year-old patient. WKYT said the patient was identified as Morris.
According to the suspension order, Morris had become agitated and aggressive, and the nurse requested medication to calm him down, which was denied by both a doctor and a nurse practitioner.
After being denied, the order said Hunter withdrew a vial of lorazepam meant for another patient and administered it to Morris.
Hunter reportedly told another hospital employee she had given Morris “something special” both times when asked twice by the employee.
After he was sedated, the order said another nurse found Morris sometime later with labored breathing and his oxygen saturation equipment not monitoring. The order said Hunter had disabled the equipment to prevent the alarm from going off.
Hospital staff was able to get Morris’ oxygen level back up, but he developed pneumonia because of some of the substances he ingested, according to the order.
He was released to hospice care May 3 and died two days later, with his cause of death listed as “aspirational pneumonia.”
According to the suspension order, Hunter admitted to giving Morris the drug without permission.
Baptist Health fired Hunter the day the incident happened and released a statement saying that the accused nurse had not worked there since April 30, adding she had been “terminated and was reported to the Kentucky Board of Nursing.”
The indictment said Hunter will be held on a $100,000 bond.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/24/officials-nurse-accused-killing-97-year-old-vet-by-intentional-medical-maltreatment/ | 2022-08-24T18:46:13Z |
Services for Soon Cha Roy, 78, of Temple are pending with Crawford-Bowers Funeral Home in Temple.
Mrs. Roy died Thursday, May 5, in Temple.
Please log in, or sign up for a
new account and
Purchase a Subscription
to continue reading.
To submit a free obituary, please email tdt@tdtnews.com.
To submit a paid obituary, please email advertiz@tdtnews.com with verbiage, along with an optional photograph. | https://www.tdtnews.com/obituaries/article_398ed8d8-cd9d-11ec-97ad-a3c158b18e8b.html | 2022-05-07T02:59:10Z |
Monarch leads long-term capital solution and provides operational support to strengthen existing business and drive future growth
SUGAR LAND, Texas, June 23, 2022 /PRNewswire/ -- Dhanani Group Inc., the second largest quick-service restaurant franchisee group in the United States, with 849 restaurants across 23 states, announced the closing of new financing totaling $500 million. Monarch Alternative Capital LP, a leading private credit firm with approximately $9.5 billion of assets under management, and its partners led the five-year secured bank loan facility to provide Dhanani Group with long term capital to support the financial strength of the existing business and aid in the future growth of the company.
Since entering the restaurant franchise segment in 1994, Dhanani Group has built its company by focusing on underperforming and mismanaged franchises and working to improve the restaurant experience for its patrons. The emphasis on solid brands has enabled the company to deliver consistently strong product quality and financial growth.
"The Dhanani Group was founded on the basis of providing hands-on operating expertise to hundreds of restaurant franchises across the US to capitalize on the positive growth trends in the QSR space. Our ability to strengthen our capital structure in the current market through a new financing enables us to pursue our vision," said Shoukat Dhanani, co-CEO of Dhanani Group Inc.
"The Dhanani Group is an exceptionally well-run company with strong franchisor support that is positioned to thrive in various market environments," said Joshua Acheatel, Managing Principal at Monarch Alternative Capital. "We were drawn to Dhanani's demonstrated record of success investing in and growing multiple franchise concepts through the company's cohesive and long-standing management team. Monarch and our investors are pleased to partner with the Dhanani Group to provide both capital and operating expertise to help the company continue on its path of successfully improving and growing its asset base."
"Monarch provides us with a unique and differentiated value proposition through their prior experience in the restaurant industry and ability to provide a holistic capital solution in an expedited manner," said Amin Dhanani, co-CEO of Dhanani Group Inc. "The new capital led by Monarch comes at an important time in the firm's history, providing Dhanani with the resources to capitalize on our growth initiatives in the years ahead."
Dhanani Group was advised by Centerview Partners, FTI Consulting, and Vinson & Elkins LLP. Monarch was represented by Akin Gump Strauss Hauer & Feld LLP.
About Monarch Alternative Capital LP
Monarch Alternative Capital LP is a global investment firm founded in 2002 with approximately $9.5 billion in assets under management. Monarch focuses primarily on opportunistic situations across corporate debt, real estate, capital solutions, and other market segments. Monarch draws on the skills and experience of its employees across its offices in New York and London. For more information, please visit www.monarchlp.com.
Media Contacts:
For Dhanani Group:
Shoukat Dhanani
sdhanani@gulshaninc.com
https://dhananigroupinc.com/
For Monarch:
Jeremy Fielding / Emma Young
Kekst CNC
jeremy.fielding@kekstcnc.com / emma.young@kekstcnc.com
View original content:
SOURCE Monarch Alternative Capital LP | https://www.kxii.com/prnewswire/2022/06/23/dhanani-group-closes-500-million-secured-financing/ | 2022-06-23T19:12:15Z |
PITTSBURGH, May 10, 2022 /PRNewswire/ -- "I wanted to create a convenient linen/laundry care product that would iron or steam clothing and home textiles," said an inventor, from Paterson, N.J., "so I invented the E Z PRESS. My goal is to increase efficiency while reducing the hassles and frustrations associated with traditional ironing."
The invention provides an effective way to steam and remove wrinkles from clothing and textiles. In doing so, it eliminates the hassle of using an ironing board. As a result, it saves time and effort and it could enhance the appearance of the clothing or textile items. The invention features a simple and durable design that is easy to use so it is ideal for households, hotels, etc. Additionally, it is producible in design variations.
The original design was submitted to the New Jersey sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-NJD-2414, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
View original content to download multimedia:
SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/05/10/inventhelp-inventor-develops-device-ironsteam-clothing-amp-textiles-njd-2414/ | 2022-05-10T19:19:03Z |
NEW YORK, HUNTSVILLE, Ala. & BURLINGTON, Mass., May 24, 2022 /PRNewswire/ -- Brightstar Capital Partners, today announced that its portfolio company, ERC, LLC, and Oasis Systems, LLC ("Oasis"), have joined forces to scale and expand their agile software development, systems engineering and cybersecurity capabilities for mission critical defense and federal agencies.
The signing of the transaction's definitive agreement was previously announced on April 13. By combining expertise in aviation, space, defense and cybersecurity with leading-edge innovations, the companies will bring together complementary capabilities and cultures to serve customers in more than 36 states across the U.S.
Tom Colatosti, Executive Chair of Oasis, will serve as Board Chair and CEO of the go forward company and Tim Nickerson, CEO of Oasis, will serve as Chief Operating Officer. The company will continue to operate out of headquarters' locations in both Huntsville, Alabama, and Burlington, Massachusetts.
"We are thrilled to hit the ground running and help our customers solve their greatest challenges by utilizing our expanded capabilities and resources," said Colatosti. "Our motto has been 'Serving Those Who Serve Us' and combining the cultures and mission focus of our two companies will enhance our ability to deliver advanced, full lifecycle solutions."
"We will unite the strong performance records of ERC and Oasis and their history of delivering cutting-edge engineering, technology, and specialized services to support our customers' missions," said Nickerson. "We believe that our customers across national security and scientific industries will benefit from our expanded capabilities and achieve greater mission success."
"The industry is evolving quickly, and we believe that this combination accelerates the company's growth trajectory while continuing to deliver comprehensive solutions for new and existing customers," said Michael Singer, Partner at Brightstar Capital Partners. "We are confident that Tom and the experienced leadership team will lead the combined company into a successful new era."
"Our two companies are joining forces around one mission – customer success," said Stacy Riley, Interim CEO of ERC. "With more than 5,000- employees and subcontractors across the country, we will be able to continue providing mission critical solutions for our customers and maintain our steadfast commitment to our nation and its future."
ERC and Oasis share many important characteristics including an entrepreneurial engineering approach, core values, and a commitment to our nation and its future. Their common cultures are built on respect, empowerment, and collaboration.
Combined, ERC and Oasis will offer differentiated capabilities that deliver advanced, full lifecycle solutions in the areas of:
- Agile Software Development
- Cybersecurity
- Emerging Technologies
- Information Technology
- Mission Support
- Modeling & Simulation
- Research & Development
- Systems Engineering
- Test & Evaluation
ERC was advised by legal counsel Kirkland & Ellis and financial advisor Houlihan Lokey. Rothschild & Co served as the exclusive financial advisor to Oasis, and Sullivan & Cromwell served as legal counsel.
About Oasis
Oasis Systems is a premier provider of customer-driven, cost-effective, and quality Engineering Services; Enterprise Systems and Applications; Human Factors Engineering; Information Technology and Cyber Security; Professional Services; and Specialized Engineering Solutions to the Department of Defense, Federal Aviation Administration, Nuclear Regulatory Commission, and other federal agencies. Oasis domain and technical experts provide leadership capabilities and competencies to help maintain customers' technological superiority and dominance in space, in the air, on land, at sea and under the sea. For more information, go to www.oasissystems.com.
About ERC
ERC is a leading provider of mission-critical engineering, technical and consulting services to the space and defense markets. For over 30 years, ERC has worked closely with such customers as the U.S. Department of Defense, NASA and other high-tech governmental entities on missions of national importance. ERC's solutions combine precise engineering, innovative technologies, deep subject-matter expertise, firsthand mission understanding, and long-term customer knowledge to deliver the critical advantage needed to solve critical challenges. For more information, go to www.erc.us. Follow us on LinkedIn, Twitter and Facebook.
About Brightstar Capital Partners
Brightstar Capital Partners is a middle market private equity firm focused on investing closely held family, founder or entrepreneur-owned businesses where Brightstar believes it can drive significant value with respect to the management, operations and strategic direction of the business. Brightstar employs an operationally intensive "Us & Us" approach that leverages its extensive experience and relationship network to help companies reach their full potential. For more information, please visit www.brightstarcp.com.
Media Contact:
Kristina Messner (Focused Image for ERC & Oasis)
kmessner@focusedimage.com
703-716-3181
For Oasis
Laura Evans
Senior Vice President of Human Resources
Laura.Evans@oasissystems.com
301.278.2520
View original content to download multimedia:
SOURCE BRIGHTSTAR CAPITAL PARTNERS L.P. | https://www.wibw.com/prnewswire/2022/05/25/brightstar-capital-partners-combines-erc-oasis-systems-advance-customer-mission-success-aerospace-defense-cyberspace/ | 2022-05-25T08:05:09Z |
DENVER, Aug. 3, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announced operating and financial results for the second quarter 2022 and provided certain third quarter and full year 2022 guidance.
Highlights include:
- Leverage ratio target met, net debt target fast approaching. The Company remains ahead of schedule to meet its key strategic leverage targets of 1.0 times net-debt-to-adjusted EBITDAX(1) and $1.0 billion principal amount of debt net of cash, an inflection point the Company expects to meet in the fourth quarter 2022.
- Well performance remains robust. Production in the second quarter 2022 was 13.3 MMBoe (146.6 MBoe/d) and was 46% oil. Production met the top end of guidance, supported by base well performance in both the Midland Basin and South Texas that met the high end of expectations. As a result of strong well performance, the Company is increasing production guidance for 2022 to 54-55 MMBoe, or 148-151 MBoe/d, up 4% at the mid-point.
- Bottom line profitability. Net income in the second quarter 2022 was $323.5 million, or $2.60 per diluted common share, and Adjusted net income(1) was $2.19 per diluted common share.
- Cash flow generation at record high. For the second quarter 2022, net cash provided by operating activities of $542.6 million before net change in working capital of $(28.2) million totaled $514.4 million.(1) Second quarter 2022 Adjusted EBITDAX(1) was $559.7 million, a one-quarter record high for the Company, and free cash flow(1) was $276.6 million. For the first half of 2022, net cash provided by operating activities of $884.7 million before net change in working capital of $109.7 million totaled $994.4 million, and free cash flow(1) was $590.9 million.
- Senior secured revolving credit facility increased and extended. The initial borrowing base is increased to $2.5 billion and lender commitments increased to $1.25 billion. The term is five years, subject to certain early maturity events, as discussed in the Company's second quarter 2022 Form 10-Q.
- Bolstering methane detection with new technology. Following a successful pilot program, in the third quarter 2022 the Company plans to initiate a methane detection program using aerial-based LiDAR technology with baseline flyovers covering 100% of the Company's operated production facilities. The technology is expected to provide the ability to pinpoint the emissions sources, which enables improved response times.
President and Chief Executive Officer Herb Vogel comments: "We enjoyed a successful first half of 2022 by executing on our core strategic objectives. Our leverage ratio(1) is now at 0.7 times and we have reduced the principal amounts of outstanding debt by $551.4 million, funded with $590.9 million in free cash flow(1) generated in the first half of 2022. We expect to reduce net debt(1) to around $1.0 billion in the coming months, and we look forward to the next phase of shareholder value creation.
"Operational results continue to meet or exceed the high end of expectations, supported by strong well performance in both the Midland Basin and South Texas. Higher than expected production and continued strength in commodity prices are significantly boosting cash flows, resulting in a lower than expected reinvestment rate(1) for the year of approximately 45%, despite the effects of inflation."
- Production volumes are approximately 57% from the Midland Basin and 43% from South Texas and were approximately 46% oil, 39% natural gas, and 15% NGLs.
- Second quarter production volumes of 13.3 MMBoe (146.6 MBoe/d) were up 7% compared with the same period in 2021 and down 3% sequentially. Second quarter 2022 volumes reflect strong base production performance as a result of the larger stimulation design employed in certain Midland Basin wells as well as from South Texas. Sequentially, production decreased from both South Texas and the Midland Basin, in accordance with expectations that reflect the planned timing of completions over the past year in each region.
In the second quarter, the average realized price before the effect of hedges was $74.23 per Boe and the average realized price after the effect of hedges (post-hedge) was $56.20 per Boe.(1)
- Benchmark pricing for the quarter included NYMEX WTI at $108.41/Bbl, NYMEX Henry Hub natural gas at $7.17/MMBtu and Hart Composite NGLs at $50.05/Bbl.
- The effect of commodity derivative settlements for the second quarter was a loss of $18.03 per Boe, or $240.6 million.
For additional operating metrics and regional detail, please see the Financial Highlights section below and the accompanying slide deck.
NET INCOME (LOSS), NET INCOME (LOSS) PER SHARE AND NET CASH PROVIDED BY OPERATING ACTIVITIES
Second quarter 2022 net income was $323.5 million, or $2.60 per diluted common share, compared with a net loss of $223.0 million, or $1.88 per diluted common share, for the same period in 2021. The current year period included a 76% increase in total oil, gas, and NGL production revenue and other income due to a 7% increase in production and a 64% increase in the average commodity price per Boe compared with the same period in 2021. This increase is partially offset by a derivative settlement loss of $240.6 million in the current year period versus a derivative settlement loss of $158.8 million in the prior year period and a recorded $67.2 million loss on extinguishment of debt related to the early redemption in June 2022 of the 10% Senior Secured Notes due 2025. The current year period also benefited from a 30% decline in DD&A per Boe. For the first six months of 2022, net income was $372.2 million, or $3.00 per diluted common share, compared with a net loss of $474.3 million, or $4.07 per diluted common share, in the same period in 2021.
Second quarter 2022 net cash provided by operating activities of $542.6 million before net change in working capital of $(28.2) million totaled $514.4 million,(1) which was up $300.5 million, or 140%, from the same period in 2021 with net cash provided by operating activities of $296.4 million before net change in working capital of $(82.5) million totaling $213.9 million.(1) For the first six months of 2022, net cash provided by operating activities of $884.7 million before net change in working capital of $109.7 million totaled $994.4 million, which was up $623.5 million from the same period in 2021. The increase in net cash provided by operating activities before net change in working capital for both the second quarter and first six months of 2022 compared with the same periods in 2021 was primarily due to the increases in both production volumes and realized prices after the effect of hedges.
ADJUSTED EBITDAX,(1) ADJUSTED NET INCOME (LOSS),(1) AND NET DEBT-TO-ADJUSTED EBITDAX(1)
Second quarter 2022 Adjusted EBITDAX(1) was $559.7 million, up $302.8 million, or 118%, from $256.9 million for the same period in 2021. For the first six months of 2022 Adjusted EBITDAX(1) was $1.1 billion compared with $471.9 million in the same period in 2021. The increase in Adjusted EBITDAX(1) was due to the increases in both production volumes and realized prices after the effect of hedges.
Second quarter 2022 Adjusted net income(1) was $272.8 million, or $2.19 per diluted common share, which compares with Adjusted net income(1) of $1.0 million, or $0.01 per diluted common share, for the same period in 2021. For the first six months of 2022, Adjusted net income was $518.8 million, or $4.17 per diluted common share, compared with an Adjusted net loss of $4.7 million, or $0.04 per diluted common share, for the same period in 2021.
At June 30, 2022, Net debt-to-Adjusted EBITDAX(1) was 0.72 times.
FINANCIAL POSITION, LIQUIDITY AND CAPITAL EXPENDITURES
On June 30, 2022, the outstanding principal amount of the Company's long-term debt was $1.59 billion with zero drawn on the Company's senior secured revolving credit facility, and cash and cash equivalents of $267.1 million. Net debt(1) was $1.32 billion.
On August 2, 2022, the Company and its lenders entered into a Seventh Amended and Restated Credit Agreement ("New Credit Agreement"). The New Credit Agreement provides for a senior secured revolving credit facility with an increased initial borrowing base of $2.5 billion and initial aggregate lender commitments totaling $1.25 billion. The maturity date is August 2, 2027 (absent certain early maturity events, as described in the Company's second quarter 2022 Form 10-Q and the credit agreement filed as Exhibit 10.1), and customary covenants include, but are not limited to, a maximum total funded debt to 12-month trailing adjusted EBITDAX ratio of 3.50 to 1.00 and a minimum adjusted current ratio of 1.00 to 1.00. See the Company's second quarter 2022 Form 10-Q for additional detail.
Second quarter 2022 capital expenditures of $215.6 million adjusted for increased capital accruals of $22.2 million were $237.8 million.(1) During the second quarter 2022, the Company drilled 23 net wells, of which 10 were in South Texas and 13 were in the Midland Basin, and added 9 net flowing completions, of which 2 were in South Texas and 7 were in the Midland Basin. The Company projected 20 flowing completions in the second quarter and, while all wells were fracture stimulated, drill out operations on certain wells took longer than anticipated, pushing 11 flowing completions into early July.
COMMODITY DERIVATIVES
As entered into as of July 27, 2022, commodity derivative positions for the second half of 2022 include:
- Oil - Approximately 48% of expected oil production is hedged to WTI at an average price of $55.29/Bbl (weighted-average of collar ceilings and swaps).
- Oil, Midland Basin differential - Approximately 4,900 MBbls are hedged to the local price point at a positive $1.15/Bbl basis.
- Natural gas - Approximately 45% of expected natural gas production is hedged. 13,916 BBtu is hedged to HSC at an average price of $2.42/MMBtu, and 6,152 BBtu is hedged to WAHA at an average price of $2.21/MMBtu.
- NGL hedges are by individual product and include propane swaps and collars.
The Company expects to hedge less than 30% of 2023 production.
A detailed schedule of these and other derivative positions are provided in the 2Q22 accompanying slide deck.
2022 OPERATING PLAN AND GUIDANCE
The Company is unable to provide a reconciliation of forward-looking non-GAAP capital expenditures because components of the calculation are inherently unpredictable, such as changes to, and timing of, capital accruals. The inability to project certain components of the calculation would significantly affect the accuracy of a reconciliation.
GUIDANCE FULL YEAR 2022:
- Capital expenditures (net of the change in capital accruals): $870-900 million. The increase incorporates higher than expected inflation and the decision to retain current rig and pressure pumping crews through the end of the year to better ensure continuous and efficient operations in a supply-constrained environment. The Company expects to drill 98 net wells and complete 81 net wells in 2022, or with 52 net wells drilled and 54 net wells completed in the second half of the year, an increase of 6 and 3, respectively, from the February guidance.
- Production: 54-55 MMBoe or 148-151 MBoe/d. This represents a 4% increase at the mid-point and is a result of well performance exceeding original expectations in both the Midland Basin and South Texas. Full year production is expected to be 46%-47% oil.
- Production costs:
- DD&A: ~$11.50/Boe
- Exploration expense: ~$50 million
- G&A: Unchanged at ~$110 million
GUIDANCE THIRD QUARTER 2022:
- Capital expenditures (net of the change in capital accruals): $250-270 million. In the third quarter 2022, the Company expects to drill 24 net wells, of which 11 are planned for South Texas and 13 are planned for the Midland Basin, and turn-in-line 35 net wells, of which 21 are planned for South Texas and 14 are planned for the Midland Basin.
- Production: 13.2-13.6 MMBoe, or 143-148 MBoe/d, at approximately 46% oil.
UPCOMING EVENTS
EARNINGS Q&A WEBCAST AND CONFERENCE CALL
August 4, 2022 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the second quarter 2022 financial and operating results Q&A session. This discussion will be accessible via webcast (available live and for replay) on the Company's website at ir.sm-energy.com or by telephone. To join the live conference call, please register at the link below for dial-in information.
- Live Conference Call Registration: https://conferencingportals.com/event/pAjDSntN
- Replay (conference ID 11299) - Domestic toll free/International: 800-770-2030/647-362-9199
The call replay will be available approximately one hour after the call and until August 18, 2022.
CONFERENCE PARTICIPATION
- August 8, 2022 – EnerCom Denver – The Energy Conference – President and Chief Executive Officer Herb Vogel will present at 2:20 pm Mountain time/4:20 pm Eastern time. The event will be webcast, accessible from the Company's website, and available for replay for a limited period. The Company will post an investor presentation to its website the morning of the event.
- September 8, 2022 – Inaugural Wells Fargo Leveraged Finance Conference – Chief Financial Officer Wade Pursell will present at 2:30 pm Central time/3:30 pm Eastern time. The event will be webcast, accessible from the Company's website, and available for replay for a limited period. The Company will post an investor presentation to its website the morning of the event.
DISCLOSURES
FORWARD LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of securities laws. The words "estimate," "expect," "goal," "generate," "plan," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this release include, among other things, projections for the full year and third quarter 2022, including guidance for capital expenditures, production, production costs, DD&A, exploration expense, G&A, reinvestment rate, the percent of future production to be hedged, and the number of wells the Company plans to drill and complete in 2022. These statements involve known and unknown risks, which may cause SM Energy's actual results to differ materially from results expressed or implied by the forward-looking statements. Future results may be impacted by the risks discussed in the Risk Factors section of SM Energy's most recent Annual Report on Form 10-K, as such risk factors may be updated from time to time in the Company's other periodic reports filed with the Securities and Exchange Commission, specifically the second quarter 2022 Form 10-Q and the 2021 Form 10-K. The forward-looking statements contained herein speak as of the date of this release. Although SM Energy may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so, except as required by securities laws.
FOOTNOTE 1
Indicates a non-GAAP measure. Please refer below to the section "Definitions of non-GAAP Measures as Calculated by the Company" in Financials Highlights for additional information.
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in the state of Texas. SM Energy routinely posts important information about the Company on its website. For more information about SM Energy, please visit its website at www.sm-energy.com.
SM ENERGY INVESTOR CONTACTS
Jennifer Martin Samuels, jsamuels@sm-energy.com, 303-864-2507
DEFINITIONS OF NON-GAAP MEASURES AS CALCULATED BY THE COMPANY
To supplement the presentation of its financial results prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company provides certain non-GAAP measures, which are used by management and the investment community to assess the Company's financial condition, results of operations, and cash flows, as well as compare performance from period to period and across the Company's peer group. The Company believes these metrics and performance measures are widely used by the investment community, including investors, research analysts and others, to evaluate and compare investments among upstream oil and gas companies in making investment decisions or recommendations. These measures, as presented, may have differing calculations among companies and investment professionals and may not be directly comparable to the same measures provided by others. A non-GAAP measure should not be considered in isolation or as a substitute for the most directly comparable GAAP measure or any other measure of a company's financial or operating performance presented in accordance with GAAP. A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is presented below. These measures may not be comparable to similarly titled measures of other companies.
Adjusted EBITDAX: Adjusted EBITDAX is calculated as net income (loss) before interest expense, interest income, income taxes, depletion, depreciation, amortization and asset retirement obligation liability accretion expense, exploration expense, property abandonment and impairment expense, non-cash stock-based compensation expense, derivative gains and losses net of settlements, gains and losses on divestitures, gains and losses on extinguishment of debt, and certain other items. Adjusted EBITDAX excludes certain items that the Company believes affect the comparability of operating results, including items that are generally non-recurring in nature or whose timing and/or amount cannot be reasonably estimated. The Company believes that Adjusted EBITDAX provides useful information for internal analysis and for investors and analysts, as a performance and liquidity measure, to evaluate the Company's ability to internally generate funds for exploration, development, acquisitions, and to service debt. The Company is also subject to financial covenants under the Company's Credit Agreement and New Credit Agreement, a material source of liquidity for the Company, based on Adjusted EBITDAX ratios. Please reference the Company's 2021 Form 10-K and second quarter 2022 Form 10-Q for discussion of the Credit Agreement and New Credit Agreement and its covenants.
Adjusted net income (loss) and adjusted net income (loss) per diluted common share: Adjusted net income (loss) and adjusted net income (loss) per diluted common share excludes certain items that the Company believes affect the comparability of operating results, including items that are generally non-recurring in nature or whose timing and/or amount cannot be reasonably estimated. These items include non-cash and other adjustments, such as derivative gains and losses net of settlements, impairments, net (gain) loss on divestiture activity, gains and losses on extinguishment of debt, and accruals for non-recurring matters. The Company uses these measures to evaluate the comparability of the Company's ongoing operational results and trends and believes these measures provide useful information to investors for analysis of the Company's fundamental business on a recurring basis.
Net debt: Net debt is calculated as the total principal amount of outstanding senior secured notes and senior unsecured notes plus amounts drawn on the revolving credit facility less cash and cash equivalents (also referred to as total funded debt). The Company uses net debt as a measure of financial position and believes this measure provides useful additional information to investors to evaluate the Company's capital structure and financial leverage.
Free cash flow: Free cash flow is calculated as net cash provided by operating activities before net change in working capital less capital expenditures before increase (decrease) in capital expenditure accruals and other. The Company uses this measure as representative of the cash from operations, in excess of capital expenditures that provides liquidity to fund non-discretionary obligations such as debt reduction, returning cash to shareholders or expanding the business.
- Forward-looking free cash flow: Guidance or projected measures are not reconciled to the most comparable GAAP measure because components of the GAAP calculation are inherently difficult to project. Specifically, the timing of cash receipts and disbursements could not be projected with accuracy.
Net debt-to-Adjusted EBITDAX: Net debt-to-Adjusted EBITDAX is calculated as Net Debt (defined above) divided by Adjusted EBITDAX (defined above) for the trailing twelve-month period (also referred to as leverage ratio). A variation of this calculation is a financial covenant under the Company's Credit Agreement. The Company and the investment community may use this measure in understanding the Company's ability to service its debt and identify trends in its leverage position. The Company reconciles the two non-GAAP measure components of this calculation.
- Forward-looking Net-debt-to-Adjusted EBITDAX: Guidance or projected measures are not reconciled to the most comparable GAAP measure because components of the GAAP calculation are inherently difficult to project. Specifically, non-cash components of earnings such as derivative gains and losses, gains and losses on divestitures, gains and losses on extinguishment of debt and unknown future events could not be projected with accuracy.
Adjusted operating margin: Adjusted operating margin is calculated as oil, gas, and NGL production revenues (before the effects of commodity derivative settlements), less operating expenses (specifically, LOE, transportation, production taxes, ad valorem taxes, and G&A). This calculation, when shown before the effect of derivative settlements, excludes derivative settlements, exploration expense, and DD&A and is reflected on a per BOE basis using net equivalent production for the period represented. This measure includes non-cash items in G&A, specifically stock compensation expense. The Company believes this metric provides management and the investment community with an understanding of the Company's recurring operating margin before DD&A, which is helpful to compare period-to-period and across peers.
Post-hedge: Post-hedge is calculated as the average realized price after the effects of commodity derivative settlements. The Company believes this metric is useful to management and the investment community to understand the impacts of commodity derivative settlements on average price realized.
Reinvestment rate: Reinvestment rate is calculated as capital expenditures before increase (decrease) in capital expenditure accruals and other divided by net cash provided by operating activities before net change in working capital. The Company believes this metric is useful to management and the investment community to understand the Company's ability to generate sustainable profitability and may be used to compare over periods of time across industry peers.
- Forward-looking Reinvestment rate: Guidance or projected measures are not reconciled to the most comparable GAAP measure because components of the GAAP calculation are inherently difficult to project. Specifically, changes to current assets and liabilities, the timing of change in capital accruals, and unknown future events. The inability to project certain components of the calculation would significantly affect the accuracy of a reconciliation.
View original content to download multimedia:
SOURCE SM Energy Company | https://www.kxii.com/prnewswire/2022/08/03/sm-energy-reports-second-quarter-2022-results-leverage-ratio-target-achieved/ | 2022-08-03T21:28:37Z |
Rosenqvist fights for job with pole-winning run at Indy
By JENNA FRYER
AP Auto Racing
INDIANAPOLIS (AP) — Felix Rosenqvist continues to fight for his seat in the IndyCar Series with a pole-winning run on the road course at Indianapolis Motor Speedway. The Swede earned his second pole of the season with a run of 1 minute, 10.2265 seconds in Friday qualifying. It’s the second pole of the season for Rosenqvist, who is making the case for keeping his ride in IndyCar with Arrow McLaren SP. The contract extension he recently signed with McLaren Racing gives boss Zak Brown the ability to shift Rosenqvist to Formula E next season. Alexander Rossi qualified second for Andretti Autosport and Pato O’Ward was third for McLaren. | https://localnews8.com/news/2022/07/29/rosenqvist-fights-for-job-with-pole-winning-run-at-indy/ | 2022-07-29T20:42:33Z |
SHENZHEN, China, July 19, 2022 /PRNewswire/ -- Huawei's Carrier BG Chief Marketing Officer Philip Song launched a new suite of green development solution today during Win-Win·Huawei Innovation Week.
This solution, he explained in his speech titled " Green Development, Building Energy-efficient ICT Infrastructure ", is aimed at helping operators systematically improve network energy efficiency: "As ICT infrastructure continues to evolve from 5G and F5G to 5.5G and F5.5G, green networks, evaluated against the network carbon intensity (NCIe) index, will become a critical part of future target networks. The main objective of our solution launch today is to help operators systematically build green networks that simultaneously address traffic growth and carbon emission reduction."
According to Song, technological innovation is required at three levels to help customers achieve green development goals:
- At the site and equipment level, more integrated designs and new materials should be used to move sites fully outdoors, and increase equipment energy efficiency and the efficiency of using renewable energy.
- In cross-site coordination and networking, a simplified network architecture and improved forwarding efficiency are required to maximize energy efficiency and make networks all-optical, simplified, and intelligent.
- To achieve green O&M, new O&M and energy-saving policies should be more easily developed and delivered, and energy efficiency indicators and baselines should be made more visible, manageable, and optimizable.
At the event, Song launched Huawei's green development solution with innovations at these three levels, as well as the new NCIe indicator system which supports this three-layer solution of green site, green network, and green operation.
Closing out his speech, Song also announced the opening of the Evergreen Land engagement room, where Huawei will meet with global operators to discuss in-depth about green development and ways to build the most energy-efficient ICT infrastructure. He reiterated, "Huawei is committed to working with operators to improve the energy efficiency of ICT infrastructure and create value using green ICT technologies."
The full details of Huawei's new green development solution have been provided below:
At the site layer, the solution focuses on innovation in three areas:
- Fully-outdoor deployment: Using innovative materials, the industry-leading blade power module supports 2G, 3G, 4G and 5G within a single site. The leading One Blade One Site solution features 97% site energy efficiency (SEE).
- High degrees of integration: Ultra-wideband RF modules and multi-band antennas are integrated within these simplified sites. The company's unique signal direct injection feeding (SDIF) technology is able to realize zero losses with zero cabling inside multi-band antennas, boosting the telecommunications energy efficiency (TEE) of the equipment.
- Efficient use of renewable energy: Solutions such as Huawei's AI-based PV-storage optimization and iPV shading for loss reduction are used to maximize the efficiency of using renewable energy.
At the network layer, the solution also features innovations in three areas:
- All-optical connectivity: By upgrading the entire network from electrical switching to optical switching, the solution improves energy efficiency by about 10 times, while swapping copper for fiber further improves energy efficiency by about five times.
- Simplification: The multi-service processing capability of Huawei routers enables the solution to integrate four units of equipment into one. With SDH modernization, the solution replaces multiple cabinets per site with one sub-rack per site, significantly reducing the amount of equipment room space needed and improving network energy efficiency (NEE). Continuous innovation in the optical transmission network (OTN) has also enabled the ultra-wideband Super C120+L120 solution to support a per-fiber capacity of nearly 100 Tbit/s, which means 1 million users can simultaneously watch movies online over a single fiber the thickness of a hair.
- Intelligence: The solution supports intelligent dynamic hibernation of routers and automatically adjusts the forwarding frequency of network processors based on changes in the traffic volume.
At the operation layer, the solution focuses on user operations, energy saving policies, and energy efficiency indicators:
- The solution accelerates the migration of users to networks using more energy-efficient RATs, for example, from 2G and 3G to 4G and 5G, greatly reducing energy consumption per bit and reducing the NCIe value.
- The solution implements real-time traffic control and analysis, and adjusts forwarding processors' frequency or shuts down ports based on traffic volume changes.
- The solution ensures that the indicators are visible, manageable, and optimizable.
The Win-Win·Huawei Innovation Week is held from July 18 to July 21 in Shenzhen, China. Together with global operators, industry professionals, and opinion leaders, we dive into topics such as 5.5G, green development, and digital transformation to envision shared success in the digital economy. For more information, please visit: https://carrier.huawei.com/en/events/winwin-innovation-week
View original content to download multimedia:
SOURCE Huawei | https://www.mysuncoast.com/prnewswire/2022/07/19/green-development-building-energy-efficient-ict-infrastructure/ | 2022-07-19T16:35:47Z |
NEW YORK, July 28, 2022 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Rubicon Technology, Inc. (RBCN), relating to its proposed acquisition by Janel Corp. Under the terms of the tender offer, RBCN shareholders are expected to receive $20.00 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/rubicon-technology-inc. It is free and there is no cost or obligation to you.
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in RBCN and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
View original content to download multimedia:
SOURCE Monteverde & Associates PC | https://www.mysuncoast.com/prnewswire/2022/07/29/equity-alert-mampa-class-action-firm-announces-investigation-rubicon-technology-inc-rbcn/ | 2022-07-29T02:15:06Z |
HONOLULU (KHON2) – A tourism helicopter carrying six people crashed in a lava field near South Point on Hawaii’s Big Island, according to Hawaii County officials.
K&S Helicopters, the operator of Paradise Helicopters, said the crash took place Wednesday at about 5:29 p.m. while the aircraft, a Bell 407, was operating a tour. Five passengers and one crew member were believed to be onboard, according to preliminary information
Officials said a 50-year-old male pilot and an 18-year-old female were in serious condition. Four passengers were reported to be ambulatory.
The Hawaii Fire Department said ground units were unable to access the crash site, which was located a mile from the nearest roadway. A helicopter was sent to extricate three ambulatory patients from the crash site and take them to ground medic units.
A second chopper arrived on the scene shortly after, and brought the most seriously injured patient to awaiting ground crews before going back for another patient in serious condition. Yet another patient in critical condition was transported to the Kona Community Hospital in a chopper.
All remaining patients were taken by fire department units to Kona Community Hospital as well.
K&S Helicopters said they initiated an emergency response plan. The full resources of the company had been mobilized to respond to the incident, according to K&S.
“The care of our passengers, crew members, and their families is our highest priority,” said Calvin Dorn of K&S Helicopters. | https://cw33.com/news/nexstar-media-wire/tourism-helicopter-in-hawaii-crashes-into-lava-field/ | 2022-06-09T14:28:01Z |
American Business Awards recognizes TriNet with two Stevie Awards for its second annual event designed to help small and medium-size businesses reimagine, rebuild and move forward
DUBLIN, Calif., May 18, 2022 /PRNewswire/ -- TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the company has won both a Gold and a Bronze Stevie® Award in the 20th Annual American Business Awards® (ABA). TriNet was among more than 3,700 nominations from organizations of all sizes and in virtually every industry. The awards were given for TriNet PeopleForce, TriNet's annual conference focused on business resiliency, transformation, agility and innovation for SMBs.
TriNet received a Gold Stevie® Award in the category of Conferences & Meetings – Conference and a Bronze Stevie® Award in the category of Corporate & Community - Customer Engagement Event. ABA judges of TriNet's entries—many of whom are entrepreneurs or leaders of SMBs—praised the event for addressing common SMB problems, highlighted the impressive speaker lineup and noted how moved they were by the 2021 event themes of bravery and resilience. Comments by judges described the event as "phenomenal," "high caliber" and "a great success."
"TriNet PeopleForce was created in 2020, at the height of the pandemic, to serve these businesses that pivoted their operations, pushed through one challenge after another, and made many sacrifices to succeed through the numerous trials," said Michael Mendenhall, TriNet Senior Vice President, Chief Marketing Officer and Chief Communications Officer. "In 2021, we took this event to the next level with distinguished speakers, compelling content and insights to help them reimagine, rebuild and move forward."
"I am proud of my team that puts so much hard work and excellence into creating an award-winning event to help drive business success and bring incredible solutions to the entrepreneurs who need it," continued Mendenhall.
Moving from an entirely virtual conference in 2020, TriNet PeopleForce 2021 took place both virtually and in-person from New York City, bringing together a high-profile roster of prominent business leaders, public servants, educators, authors, influencers and health industry experts covering such topics as diversity, equity and inclusion, the great resignation, business resiliency, company culture and the future of work. Conversations, presentations and entertainment were focused on the themes of resilience, innovation and bravery.
The ABA is the nation's premier business awards program. All organizations operating in the U.S. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses (SMBs) with full-service HR solutions tailored by industry. To free SMBs from HR complexities, TriNet offers access to human capital expertise, benefits, risk mitigation and compliance, payroll, all enabled by industry leading technology capabilities. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, Benefits, Employee Engagement, Payroll and Time & Attendance. From Main Street to Wall Street, TriNet empowers SMBs to focus on what matters most—growing their business and enabling their people. TriNet, incredible starts here. For more information, visit TriNet.com or follow us on Twitter.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
View original content:
SOURCE TriNet | https://www.kxii.com/prnewswire/2022/05/18/trinet-wins-two-stevie-awards-trinet-peopleforce-2021/ | 2022-05-18T21:24:56Z |
There’s more to antler shed hunting than you might think
JACKSON, Wyoming (KIFI) - Sunday, May 1 at 6 a.m. was the opening of antler shed hunting in the Bridger-Teton National Forest in western Wyoming. The kick-off to the season was attended by hundreds of outdoor enthusiasts looking for the discarded antlers of big game after their breeding season. More on the event it self can be found here.
As the season for antler shed hunting has begun, Wyoming Fish and Game and Bridger-Teton National Forest service representatives are taking the time to remind us about the rules regarding the favorite pastime for many out door enthusiasts.
It is important to note if you plan on accessing the Bridger-Teton National Forest through the National Elk Refuge in Jackson, you can't pick up and take with you any of the shed antlers you find on refuge land. A map for refuge land and public land can be found on the refuge website here. With that in mind, if you did use the main road in the refuge to gain access to the forest you will be able to take the antlers from the public land neighboring the refuge.
Public Affairs Specialist for the Bridger-Teton National Forest Evan Guzik says the winter wildlife closure that starts the beginning of December 1 and running until 6 a.m. May 1, serves a very important purpose for the big game animals that make up the Deer family.
"Human presence will cause them to move off of good feeding areas, places where grass or Forbes are showing snow. And then when they move, obviously they're moving in a faster way than they need to. And so they're using those just those energy stores that are so important to being healthy throughout that tough season," Guzik said.
He says the event on Sunday is a celebration to kick off the opening of the winter closure area. With the winter closure now removed, Guzik does remind us, "So starting May one, everyone is welcome throughout the Bridger-Teton National Forests, there's no area road closures. Though there's no formal road closures, there are areas where the road will be still closed. It's spring in northwestern Wyoming. Mud, floods, all the good things that come with that, and what we're doing right now is trying to protect that road surface."
He says those roads are fairly muddy and still closed will have some visual aides to help remind visitors into the forest.
"In some cases, there'll be a gate across the road, maybe a barrier."
He says in the event you don't see that barrier to just be aware of "we really ask our visitors right now is to help us preserve those road services. Takes a lot of money to maintain those. And the more we can keep them preserved, the better off we all are."
He says any regulations the forest service has regarding possession of the antlers has ended on May 1 for the year.
Public Affairs Specialist for Wyoming Fish and Game in the Jackson and Pinedale region Mark Gocke says the western side of the the state of Wyoming has implemented this antler hunt season to help protect the animals during the toughest time of year for them.
"It was even the antler hunters themselves who were coming to us and and wanting the season because they knew that, you know, if they didn't go early right when the animal had shed its antlers, they probably weren't going to get that antler because somebody else was going to get it. It's just that competitive. And so they knew that they were going to early and it wasn't good for the wildlife. And they generally care about the wildlife and their well-being and didn't want to harass these animals. And so they're saying, hey, put a regulation out there. So everybody has to wait until May 1st. And that's the date we selected then."
He says people are also able to collect what's colloquially referred to as "dead head" meaning the antlers are still attached to the skull There's just a few extra steps you need to follow.
"Dead heads need to be tagged with an interstate game tag for Wyoming. It's just an $8 tag that shows that that head was legally harvested. And that way when when that individual takes that head home or maybe they might be going across state lines, or if there was ever some sort of question, they could show that that tag and show that it was legally harvested."
He says the purpose of the tag is to make sure the animal that died wasn't suspicious in any way, and generally speaking antler hunters will be fine taking it home after speaking with a fish and game representative.
"I mean, we're pretty reasonable when we visit with antler hunters, and we want them to be able to take home that trophy that they found. We just want them to be legal by having that tag on there. It shows any law enforcement in the future that that animal was legally taken then and we're all good. And so that's really the purpose is we just don't want those individuals to have any trouble down the road."
He says the main season for fish and game will end January 1 of next year but to watch out for the winter wildlife closures that public lands will but into place.
He also adds if you have any questions regarding the Wyoming side of antler hunting you can go to this website, to find more on these regulations.
We also spoke with a representative for the Idaho Fish and Game, and they said as of right now, Idaho currently doesn't have a shed hunt season as of yet, but just like the Wyoming side, national forests and other public lands may have winter closures to be aware of. They have a list for the many different wildlife management areas for winter closures here. | https://localnews8.com/news/local-news/2022/05/02/theres-more-to-antler-shed-hunting-than-you-might-think/ | 2022-05-02T23:20:01Z |
Cars get "sanctuary status" with a series of tips from expert organizers Clea Shearer and Joanna Teplin of Netflix's 'Get Organized with The Home Edit'
HOUSTON, July 14, 2022 /PRNewswire/ -- To help put people in the driver's seat of car care – specifically around disorganized cars – Jiffy Lube, a leader in vehicle maintenance, has teamed up with expert organizers and national television personalities Clea Shearer and Joanna Teplin of The Home Edit, to launch "The Car Edit," bringing the same proven organizational approach for the home to the vehicle. Combining Clea and Joanna's organizational prowess with Jiffy Lube's commitment to vehicle maintenance helps drivers to preserve their peace of mind with a well-maintained vehicle.
The collaboration follows a recent biometric study, conducted by Jiffy Lube in May 2022, that revealed that the top two drivers of emotional well-being – as it relates to vehicles – were a well-organized and well-maintained vehicle. As well, it uncovered that dirty, disorganized cars and dashboard warning lights elicit strong negative emotions, making people feel like they're not in control of their cars' condition and preferring to avoid their vehicles altogether.
"We wanted to understand the emotional responses to more functional vehicle maintenance and upkeep," said Sara Smith, CMO of Jiffy Lube International, Inc. "The results of our biometric study show the significant impact that a well-maintained car can have on drivers' everyday lives. We know that Jiffy Lube can help them manage unease that comes from dashboard warning lights, but when it comes to a dirty and disorganized car – we wanted to rely on the experts, Clea and Joanna."
Clea and Joanna reinvent traditional organizing, with every project rooted in functional systems that can be maintained for the long term. The duo has gained a widespread following for their signature stylized aesthetic as well as their Netflix show "Get Organized with The Home Edit," which demonstrates their organizational skills in every space of the home - from bedrooms and kitchens, to closets, garages, and pantries. Jiffy Lube is now challenging Clea and Joanna to apply their meticulous attention to detail to a car's interior.
"We're on the road quite often to visit our clients and it's important for us to keep all of our spaces organized, especially our cars, for which we rely on to get our work done," said Clea and Joanna, co-founders of The Home Edit. "We've realized that our cars essentially have three closets – a glove compartment, a console and a trunk. We maximize the functionality of these spaces to make sure that the rest of our car is clutter-free, and it has certainly helped us in our most chaotic moments. We're excited to be able to help others break free from the disorder and feel empowered, secure and proud of how they maintain their cars."
Passionate about reducing stress from disorganized spaces, Clea and Joanna suggest drivers apply these tips in the car:
Think of your glovebox as the center for all of your important, essential documents and items. We like to organize items by "type" into separate pouches…because, as always, we're continuously seeking ways to put a system in place. When choosing our pouches for this space, we prefer clear or mesh fabrics, so you can see what is in each pouch and easily access them when needed. Our pouches include:
- A "Car" pouch, which holds insurance cards, car manuals, registration, and other important documents.
- A "Shopping" pouch, which of course includes our Jiffy Lube coupons as well as receipts, punch cards and gift cards.
- An "Emergency" pouch which includes extra money/change, band aids, a window breaker / seatbelt cutter, etc.
- And, for our fellow parents, we also keep a "Snack" pouch handy with non-perishable, portioned snacks, energy bars and napkins (for our messy eaters).
Your console acts as a lifestyle hub, holding all of the items that will get you through the day, while on-the-go. If your car does not already come with organized sections in the console space, we recommend getting a few organizational compartments typically designed for a desk. We find that these work best because many are stackable and have designated compartments for items we'll be storing in this space. Here we like to keep pens, a mini notepad, phone charger cords, mints/gum, disposable masks, sample size makeup products for touchups, hand sanitizer, tissues, and more.
For expanded organizing space, a car seat gap filler is a dream. It fits between the front seats and the console, adding additional storage and most importantly – it prevents thin items like phones, loose coins, and credit cards from falling into the gap and getting stuck under the seat. As we know, this becomes a stressful situation that can be easily avoided with a little extra coverage.
A trunk organizer is your friend! We use the ones that sling over the backseat headrests, but anything with multiple compartments will help maximize space and minimize clutter in the trunk. In this "car closet," we recommend putting things you do not need immediate access to, but rather items you keep in your cars as a "nice to have" in any situation. This can range from blankets to extra water bottles, foldable jackets or ponchos, jumper cables, tire jacks, backup toys, an ice scraper, reusable shopping bags, a flashlight, towels, and more. And most importantly, we recommend our Rainbow Method for organizing the items in these pouches: first organizing by category, then sorting those categories into rainbow color order. This always makes your organizing projects more enjoyable to interact with.
- Headrest Hooks are a great tool to keeping seats and floors free of additional clutter. They are also helpful in avoiding grocery bag or purse spill out incidents from happening while you are driving.
- Mini Vacuums can be kept in your trunk organizer, and are useful in cleaning up crumbs, dust, hair, and dirt in between those interior detail visits.
- Remove Trash and Unneeded Items from the Car, Every Day. On your last car trip of the day, try to get in the practice of removing accumulated trash, empty water bottles, recent purchases, etc. from the car. Don't wait until tomorrow, or it will likely build up into a bigger mess.
- Regular preventive maintenance is essential to ensuring peace of mind while in your clean, clutter-free sanctuary. Regular Jiffy Lube visits help keep those warning lights off and keep your car on the road.
And to address those illuminated dashboard lights, Jiffy Lube has more than 2,000 service centers across the U.S. and offers an expanded suite of services that includes engine diagnostics, tires, brakes and more, to help drivers be proactive with their car maintenance.
Founded over 40 years ago, Jiffy Lube serves approximately 20 million customers each year at more than 2,000 franchised service centers across North America. Jiffy Lube pioneered the fast oil change industry in 1979 by establishing the first drive-through service bay, providing customers with fast, professional service for their vehicles. The company continues to lead the industry with the evolution of its business model, Jiffy Lube Multicare, which offers oil changes, brakes, batteries, and tires as well as other services consumers want and need. Headquartered in Houston, Jiffy Lube is a wholly owned, indirect subsidiary of Shell USA, Inc. Visit www.JiffyLube.com to learn more about Jiffy Lube and vehicle care.
The Home Edit was founded in 2015 by Clea Shearer and Joanna Teplin with the goal of reinventing traditional organizing and merging it with design. Since then, it has grown into a global media and organization company with a social following of over 7 million people and organizing teams in cities across the country. The Home Edit has become a household name thanks to two New York Times' bestselling books, an Emmy-nominated Netflix show, "Get Organized with the Home Edit," and a successful line of organizational products sold in stores in over 27 countries, including at its most recent retail partner, Walmart. In 2022, The Home Edit was acquired by Hello Sunshine/Candle Media.
View original content:
SOURCE Jiffy Lube International, Inc. | https://www.wibw.com/prnewswire/2022/07/14/jiffy-lube-home-edit-team-up-help-ensure-vehicles-remain-place-calm-drivers-putting-them-drivers-seat-car-care/ | 2022-07-14T20:42:29Z |
- Canadians can continue to pay their pre-authorized bills and online tax payments
- Over a million Canadians use Dye & Durham's national payment infrastructure daily
TORONTO, July 8, 2022 /PRNewswire/ - Dye & Durham Limited (TSX: DND) ("Dye & Durham" or the "Company"), a leading provider of cloud-based efficient workflow software for legal and business professionals, announced today its online payment platform remains fully operational and unaffected by the wireless and internet service outages being reported across the country.
Dye & Durham's national payment infrastructure platform plays a critical role in Canada's financial system, supporting more than 1 million Canadians daily and processing more than $1.3 trillion in transactions annually. Canadians can confidently continue to make transactions such as pre-authorized payments for bills and taxes across all levels of government, in addition to a range of fund transfer services through their financial institutions.
"Our reliable national payment infrastructure remains fully operational, enabling consumers and businesses across the country to make timely and important transfers," said Dye & Durham Chief Operating Officer Martha Vallance. "Dye & Durham's technology plays a critical part in facilitating millions of daily transactions that drive Canada's economy."
About Dye & Durham
Dye & Durham Limited is a leading provider of cloud–based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals. Dye & Durham provides critical information services and workflows, which clients use to manage their process, information and regulatory requirements. The Company has operations in Canada, the United Kingdom, Ireland and Australia, and has a strong blue-chip customer base that includes law firms, financial service institutions, and government organizations.
Additional information can be found at www.dyedurham.com
View original content to download multimedia:
SOURCE Dye & Durham Limited | https://www.mysuncoast.com/prnewswire/2022/07/08/canadas-national-bill-tax-payment-infrastructure-operated-by-dye-amp-durham-remains-unaffected-by-todays-network-outages/ | 2022-07-09T10:49:39Z |
Free agent wide receiver Jarvis Landry joining Saints
NEW ORLEANS (AP) — Free agent wide receiver Jarvis Landry, a five-time Pro Bowler, is joining the New Orleans Saints. The eight-year veteran confirmed the move on Twitter on Friday. Landry spent his first four pro seasons with Miami before joining the Browns. He led the league in receptions in 2017 with 112, his final season with the Dolphins. In all, the 2014 second-round draft pick from LSU has 688 receptions for 7,598 yards and 37 touchdowns. Landry, 29, is coming off his worst season as a pro. | https://localnews8.com/sports/ap-national-sports/2022/05/13/free-agent-wide-receiver-jarvis-landry-joining-saints/ | 2022-05-14T00:46:59Z |
IRVINE, Calif., July 6, 2022 /PRNewswire/ -- Regardless of whether you reside in the U.S. or not, if you are a U.S. taxpayer, you may be required to disclose the nature and amount of the assets you control in foreign banks or other financial accounts, depending on the total value of those assets. It is incredibly important that you file your accurate disclosure on time to avoid the potentially severe penalties that may apply. If you have already missed your opportunity to disclose foreign accounts on time, you and your International Tax Attorney and CPA can make use of one of the several programs available to rectify your past noncompliance.
Discuss your concerns about reporting requirements for your overseas assets with the Tax Law Offices of David W. Klasing by calling us today at (800) 681-1295 or visiting the contact us page of our website to schedule a reduced rate initial consultation.
In 1970, Congress passed the Bank Secrecy Act, a package of legislation that was meant to make it harder for Americans to use offshore accounts to conceal their offshore taxable income from the IRS. Included in the legislative effort was the requirement that all taxpayers with a certain amount of assets in foreign control must file an information return known as the Report of Foreign Bank and Financial Accounts, or FBAR.
Though the value of the American dollar has changed dramatically since this time, the reporting threshold has not, meaning that more American taxpayers are subject to FBAR disclosure requirements than ever before.
To enforce the FBAR requirements for a growing number of applicable taxpayers, Congress passed the Foreign Account Tax Compliance Act (FATCA) in 2010. FATCA imposes a withholding tax on any foreign bank or firm that fails to report account balances and transaction details of their American clients to the IRS. The government uses the information they obtain through these disclosures to determine whether taxpayers with foreign assets met their FBAR obligations.
If you are an American taxpayer who has over $10,000 in assets held or controlled by a foreign bank, firm, or other financial entity at any point during the tax year, you are required to submit an FBAR. Whether you resided in the continental United States during the calendar tax year or not has no bearing on the requirement.
The threshold is calculated by combining all foreign accounts. Thus, you must file an FBAR if your combined foreign financial accounts exceeded $10,000, even if no single account reached that value by itself during the year.
The number that the government uses to evaluate whether you meet the threshold is the peak value of the assets during the taxable year. Even if the total value of your assets only exceeded $10,000 for one day out of the calendar year, you still must file an FBAR.
FBAR requirements apply to any foreign registered financial accounts with a positive balance that the taxpayer has signatory authority over. This may include foreign registered checking and savings accounts, individual stock holdings or investment portfolios, pensions, joint accounts, business accounts, life insurance accounts and trusts.
The FBAR is an information return, not a tax return. Therefore, you do not owe the government any payment solely in connection with your FBAR filing. It is quite common that you may already be paying tax on your offshore income generating assets to the government of the foreign country where they are held. U.S. taxpayers are taxed on their worldwide net income. To alleviate double taxation, a foreign tax credit can often be claimed to offset your U.S. tax obligations where income is taxed both offshore and, in the U.S.
However, you will unfortunately owe the government substantial amounts of money in penalties if you fail to meet your FBAR reporting requirements. Even if your failure to file your FBAR was an honest mistake, the penalties available start at up to $10,000 per violation per calendar year. With a 6-year statute of limitations this can amount to $60,000 of penalties. If the IRS concludes that you willfully failed to file, filed incorrectly, or filed late, they could impose a penalty of up to either $100,000 or 50% of the balance of the overseas assets, whichever is greater.
Technically, taxpayers who are required to submit FBARs must file them with the Financial Crimes Enforcement Network (or FinCEN) rather than with the IRS. The FBAR is not filed by mail like a traditional income tax return. Instead, you must file online through FinCEN's BSA E-Filing System. In your filing, you will need information on hand, such as the entity where the assets are held, the relevant account number, and the peak balance of each account during that tax year.
FBARs are due on the traditional tax return deadline of April 15 but have an automatic extension that gives you until October 15 to properly file. However, for the sake of organization, it is always ideal to file your FBAR at the same time that you file your income tax return. CAUTION, if you file your tax returns on April 17th for example while on extension, and file your FBARS on April 18th, they will be considered delinquent.
If you did not file an FBAR for past taxable years because you were not aware of the requirement, you have more options than just waiting for the government to figure it out.
For taxpayers who were filing their federal income tax returns from abroad but not their FBAR disclosures, the best method is often to use the IRS's expat streamlined voluntary disclosure program where the taxpayer's noncompliance was inadvertent rather than willful. Taxpayers that qualify for this program will not face FBAR penalties.
- Quiet Disclosure
- Delinquent FBAR
- Offshore Voluntary Disclosure
- Streamlined Disclosure
- What to do if interested in a Program
You should not attempt to use any of the available offshore voluntary disclosure programs without the help of a knowledgeable International Tax Attorney and CPA. Attempting disclosure too late or disclosing incorrect information can have unexpected and often draconian negative effects on your situation, which can leave you even worse off than you were in the first place.
To hear more about the services that our dual licensed International Tax Attorneys and CPAs can provide, call our offices today at (800) 681-1295 or schedule online here.
See our FBAR Compliance and Disclosure Q and A Library
See our Foreign Audit Q and A Library
Here is a link to our YouTube channel: click here.
Public Contact: Dave Klasing Esq. M.S.-Tax CPA, dave@taxesqcpa.net
View original content to download multimedia:
SOURCE Tax Law Offices of David W. Klasing, PC | https://www.kxii.com/prnewswire/2022/07/06/tax-law-offices-david-w-klasing-do-you-have-report-your-foreign-accounts-what-if-you-are-living-abroad/ | 2022-07-06T12:02:26Z |
NEW YORK, May 13, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of DENTSPLY SIRONA Inc. (NASDAQ: XRAY) resulting from allegations that Dentsply Sirona may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Dentsply Sirona securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=6111 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.
WHAT IS THIS ABOUT: On April 19, 2022, before market hours, Dentsply Sirona announced that the Company's Chief Executive Officer had been terminated, effective immediately, and will "cease to serve as a member of the Company's Board."
On this news, Dentsply Sirona's stock fell $6.52, or 13%, to close at $42.20 per share on April 19, 2022, on unusually heavy trading volume, damaging investors.
Then, on May 10, 2022, before market hours, the Company stated that it could not timely file its first quarter 2022 quarterly report due to "an internal investigation of allegations regarding certain financial reporting matters." Specifically, the investigation concerned "the Company's use of incentives to sell products to distributors in the third and fourth quarters of 2021 and whether those incentives were appropriately accounted for and the impact of those sales was adequately disclosed."
On this news, Dentsply Sirona's stock price fell $2.87 per share, or 7%, to close at $36.38 per share on May 10, 2022, on unusually heavy trading volume, further damaging investors.
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 litigate securities class actions. 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.
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
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/05/13/rosen-leading-longstanding-top-ranked-law-firm-encourages-dentsply-sirona-inc-investors-with-losses-inquire-about-securities-class-action-investigation-xray/ | 2022-05-14T06:37:05Z |
BURLINGAME, Calif., May 16, 2022 /PRNewswire/ -- After 33 years leading the Barulich Dugoni & Suttmann Law Group, Inc. ("BDS"), Founder, Shareholder and Director Paul J. Barulich will be assuming a new role as a strategic, advisory partner at the firm beginning May 2022. In his new role, Barulich will remain on the Board of Directors and serve as an Of Counsel attorney.
Barulich founded the firm now known as Barulich Dugoni & Suttmann in his garage in 1989 with a single client. Today, Barulich Dugoni & Suttmann has grown to serve thousands of clients and has earned a national reputation in estate, business, and tax planning, as well as counseling and litigation. Barulich Dugoni & Suttmann is deeply grateful to Barulich for his vision, foresight, and the decades of hard, dedicated, quality work he's done on behalf of the firm and its clients.
For 33 years, Barulich has been supporting the law firm in a client-facing capacity. "The people – both those with whom I work and those for whom I work – have been the highlight of this job for me. Ever since my first hire, Larry Dugoni, I've surrounded myself with bright, diligent, and first-rate attorneys. Being surrounded by such wonderful clients was luck, and I am grateful to have worked in the personal, customer-facing side of our industry for so long."
Barulich's practice has focused on estate planning clients with high net worth, business owners, and people with significant financial interests in high-tech, wholly-owned, and start-up companies. Barulich is a California State Bar certified legal specialist in estate planning, trust and probate law, who has been an active member of the local San Mateo County Bar and California State Bar, and an active fellow in the America College of Trust and Estate Counsel (ACTEC).
In Barulich's new role, he will continue to lead the firm's overall strategy alongside Shareholder and Managing Director Chelsea J. Suttmann, Shareholder Laurence P. Dugoni, and Shareholder James Cummins. Barulich made the decision to step into an Of Counsel role because of his confidence in the future of BDS and its current and rising leadership. "The team at BDS is second to none. I am excited about where we've been, where we are, and where we are going."
While Barulich will remain a strategic partner at BDS, and he will be available to clients as needs arise, this decision will allow him to spend more time with family. It will also allow him to dedicate additional time toward the Peninsula Bay Trust Company ("PenBay"), which he founded with Suttmann and Mikkela Sweet in mid-2019. PenBay is the first corporate trustee in Northern California that is solely dedicated to providing fiduciary services.
Of Barulich's decision, Managing Director Chelsea Suttmann shares, "Paul has been the most impactful figure in my career, and it has been a true honor to learn from him. I am incredibly happy that Paul's new role will let him enjoy more time with family and friends, while remaining an active leader at our firm." She continues, "After all, he is where it all started."
About Barulich Dugoni & Suttmann Law Group, Inc.: Founded in 1989, Barulich Dugoni & Suttmann Law Group, Inc. has earned a national reputation in estate, business, and tax planning, as well as in counseling and litigation. BDS attorneys have decades of experience in providing dedicated service to clients, including higher asset individuals and organizations in Burlingame, tech professionals and startups in Silicon Valley, and more.
For more information: https://www.bdslawinc.com/
View original content:
SOURCE Barulich Dugoni & Suttmann Law Group, Inc. | https://www.kxii.com/prnewswire/2022/05/16/barulich-dugoni-amp-suttmann-law-group-inc-founder-shareholder-director-paul-j-barulich-assume-role-firms-strategic-advisor/ | 2022-05-16T14:46:50Z |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.