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DETROIT, April 1, 2022 /PRNewswire/ -- Starting Monday, April 4, 2022, Graham Media Group stations KPRC-TV (Houston) and WDIV-TV (Detroit) will launch an additional hour of their morning local newscast streaming exclusively on digital platforms and OTT apps.
KPRC-TV's morning newscast will stream from 7 a.m. to 8 a.m. on KPRC2+, and will feature the morning news team of Owen Conflenti, Lisa Hernandez, meteorologist Anthony Yanez and Anavid Reyes following rush hour traffic. Amy Davis and Anavid Reyes will expand their consumer and transit stories to include angles not covered on broadcast, and the hour will feature live guests to give depth and perspective on the big stories of the day.
WDIV-TV's morning newscast will stream from 7 a.m. to 8 a.m. on Local4+, and will feature the morning news team of Rhonda Walker, Evrod Cassimy, meteorologist Brandon Roux, traffic reporter Kim DeGiulio and reporter Nick Monacelli and will feature live guests, the day's top stories, weather and traffic reports from across Metro Detroit. WDIV added a 10 p.m. nightly newscast streaming exclusively on Local4+ earlier this year.
"We've reimagined our streaming news products to meet the needs of our viewers. They've clearly told us they want more local news from the brands they trust most and we're providing that with our original news programs on Local4+," said Bob Ellis, WDIV Vice President and General Manger. "The streaming numbers on our app continue to grow rapidly and we're committed to serving these new audiences now and in the weeks and months ahead with much more quality content coming."
KPRC2+ and Local4+ television apps are available for free download in the Roku, Apple TV, Amazon Fire TV, and Google TV app stores. The livestreams also can be viewed on the stations' mobile apps and online at Click2Houston.com and ClickOnDetroit.com, respectively.
Additionally, Graham Media Group stations continue to innovate in streaming local news beyond broadcast. Earlier this year, KSAT-TV (San Antonio) launched a daily 11 a.m. digital stream exclusive newscast, "KSAT News Now", and "KSAT Explains", a weekly deep-dive news feature program available on KSAT Plus; and WSLS-TV (Roanoke) launched "The Sprint", a daily digital-only news brief. WKMG-TV (Orlando) has pioneered a "Choose Your View" director's chair digital stream for coverage of space launches from Kennedy Space Center and with 25 live cameras covering the Orlando 4th of July Fireworks in 2021. WJXT-TV (Jacksonville) debuted the "Choose Your View" stream in covering the implosion of a downtown skyscraper in March.
Other Graham Media Group digital-first productions currently streaming on each stations' OTT apps include "Solutionaries" (SolutionariesNetwork.com), a monthly solutions journalism-focused program highlighting local people working to find solutions to challenging issues from affordable housing and inflation, to climate concerns and police reform; and "Something Good" (SomethingGood.show), an ongoing series of positive news and the good works of people living in the community.
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SOURCE Graham Media Group | https://www.mysuncoast.com/prnewswire/2022/04/02/graham-media-group-stations-reimagine-local-news-beyond-broadcast-with-new-morning-newscast-livestreams/ | 2022-04-02T03:20:31Z |
-Post-hoc analyses showcase Mallinckrodt's commitment to patients with HRS involving rapid reduction in kidney function,1an acute and life-threatening condition2-
DUBLIN, June 23, 2022 /PRNewswire/ -- Mallinckrodt plc (OTCMKTS: MNKPF), a global biopharmaceutical company, today announced two scientific posters to be presented on the disease progression and treatment paradigms for patients with hepatorenal syndrome (HRS) involving rapid reduction in kidney function1 at the European Association for the Study of the Liver (EASL) 2022 International Liver Congress, taking place June 22 – 26 in London, UK. The full list of Mallinckrodt's presentations is below. For more information, please visit the EASL website here.
Terlipressin is an investigational agent being evaluated for the treatment of HRS involving rapid reduction in kidney function1 in the U.S., and its safety and effectiveness have not yet been established by the FDA.
Khurram Jamil, Vice President, Hepatology, Clinical Development & Critical Care, said, "It is our hope that this research may help inform clinicians on the early identification and management of adult patients with HRS with rapid reduction in kidney function.1 We look forward to sharing new data from a retrospective analysis that uncovers the influence of baseline serum creatinine (SCr) levels on clinical outcomes for patients with HRS involving rapid reduction in kidney function,1 and resharing the findings of our subgroup analysis examining HRS gender differences and response to treatment – recently presented at the 2022 American Transplant Congress."
These studies are sponsored by Mallinckrodt Pharmaceuticals and include:
Abstract 2952 Title: Early Treatment with Terlipressin in Patients with Hepatorenal Syndrome Yields Improved Clinical Outcomes in 3 Phase III North American Studies
- Presenter: Michael Curry, MD
- Presentation Date: June 24, 2022; 9AM – 6PM BST
- Poster #: FRI537
Abstract 564 (Encore) Title: Gender Affects the Association Between Serum Creatinine Levels and Clinical Response to Terlipressin in Patients with Hepatorenal Syndrome Type of Acute Kidney Injury
- Presenter: Khurram Jamil, MD
- Presentation Date: June 24, 2022; 9AM – 6PM BST
- Poster #: FRI490
Terlipressin is one of the most studied pharmacological agents in HRS with more than 70 published manuscripts and presented abstracts on clinical data to date.3 It has been approved outside the U.S. for more than 30 years and is available on five continents for its two indications in the countries where it is approved.4,5,6
Hepatorenal syndrome (HRS) involving rapid reduction in kidney function1 is an acute and life-threatening syndrome involving acute kidney failure in people with advanced liver disease.2 HRS is classified into two distinct types – a rapidly progressive type that leads to acute renal failure and a more chronic type that progresses over weeks to months.2 HRS is estimated to affect between 30,000 and 40,000 Americans annually.7,8 If left untreated, the rapid reduction in kidney function associated with HRS1 has a median survival time of approximately two weeks and greater than 80 percent mortality within three months.9
Mallinckrodt is a global business consisting of multiple wholly owned subsidiaries that develop, manufacture, market and distribute specialty pharmaceutical products and therapies. The company's Specialty Brands reportable segment's areas of focus include autoimmune and rare diseases in specialty areas like neurology, rheumatology, nephrology, pulmonology, ophthalmology, and oncology; immunotherapy and neonatal respiratory critical care therapies; analgesics; cultured skin substitutes and gastrointestinal products. Its Specialty Generics reportable segment includes specialty generic drugs and active pharmaceutical ingredients. To learn more about Mallinckrodt, visit www.mallinckrodt.com.
Mallinckrodt uses its website as a channel of distribution of important company information, such as press releases, investor presentations and other financial information. It also uses its website to expedite public access to time-critical information regarding the company in advance of or in lieu of distributing a press release or a filing with the U.S. Securities and Exchange Commission (SEC) disclosing the same information. Therefore, investors should look to the Investor Relations page of the website for important and time-critical information. Visitors to the website can also register to receive automatic e-mail and other notifications alerting them when new information is made available on the Investor Relations page of the website.
This release includes forward-looking statements with regard to terlipressin, including related to interactions with regulators, steps being taken related to its manufacturing, and its potential impact on patients. The statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those in the forward-looking statements: satisfaction of regulatory and other requirements; actions of regulatory bodies and other governmental authorities; changes in laws and regulations; issues with product quality, manufacturing or supply, or patient safety issues; and other risks identified and described in more detail in the "Risk Factors" section of Mallinckrodt's most recent Annual Report on Form 10-K and other filings with the SEC, all of which are available on its website. The forward-looking statements made herein speak only as of the date hereof and Mallinckrodt does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise, except as required by law.
CONTACT
Media Inquiries
Heather Guzzi
Senior Vice President, Green Room Communications
973-524-4112
hguzzi@greenroompr.com
Investor Relations
Daniel J. Speciale
Global Corporate Controller & Chief Investor Relations Officer
314-654-3638
daniel.speciale@mnk.com
Derek Belz
Vice President, Investor Relations
314-654-3950
derek.belz@mnk.com
Mallinckrodt, the "M" brand mark and the Mallinckrodt Pharmaceuticals logo are trademarks of a Mallinckrodt company. Other brands are trademarks of a Mallinckrodt company or their respective owners.
© 2022 Mallinckrodt. US-2200583 06/22
References
1 Data on File – Ref-05737. Mallinckrodt Pharmaceuticals.
2 National Organization for Rare Disorders. Hepatorenal Syndrome. Available at: https://rarediseases.org/rare-diseases/hepatorenal-syndrome/. Accessed June 16, 2022.
3 Data on File – Ref-05488. Mallinckrodt Pharmaceuticals.
4 Data on File – Ref-05482. Mallinckrodt Pharmaceuticals.
5 FDA Cardiovascular and Renal Drugs Advisory Committee. Mallinckrodt Pharmaceuticals Terlipressin Advisory Committee Briefing Document NDA #022231. July 2020.
6 European Association for the Study of the Liver (EASL). Clinical practice guidelines for the management of patients with decompensated cirrhosis. J Hepatol. 2018;69(2):406-460.
7 C Pant, B S Jani, M Desai, A Deshpande, Prashant Pandya, Ryan Taylor, R Gilroy, M Olyaee. Hepatorenal syndrome in hospitalized patients with chronic liver disease: results from the Nationwide Inpatient Sample 2002–2012. J of Investig Med. 2016; 64:33–38.
8 United States Census Bureau: Quick Facts. Available at: https://www.census.gov/quickfacts/fact/table/US/PST045218. Accessed June 16, 2022.
9 Flamm, S.L., Brown, K., Wadei, H.M., et al. The Current Management of Hepatorenal Syndrome–Acute Kidney Injury in the United States and the Potential of Terlipressin. Liver Transpl, 2021; 27: 1191-1202. https://doi.org/10.1002/lt.26072.
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SOURCE Mallinckrodt plc | https://www.kxii.com/prnewswire/2022/06/23/mallinckrodt-present-data-terlipressin-adult-patients-with-hepatorenal-syndrome-hrs-european-association-study-liver-easl-2022-international-liver-congress/ | 2022-06-23T11:37:02Z |
(NEXSTAR) — With two months of the 2022 Atlantic hurricane season already over with, it might seem like activity in the tropics has been pretty quiet. But is it unusual?
By this time in the year, there are typically about four named storms, according to the National Hurricane Center. So far, there have been only three named storms (Alex, Bonnie and Colin), so activity is only slightly below average. More on that below.
Chief Meteorologist David Yeomans with KXAN News in Austin says there are a variety of reasons why the past two months have been a bit sluggish.
Here’s what’s causing slower activity in the tropics:
- The high pressure system normally found over Bermuda this time of year is farther north. This clockwise circulation, near the Azores west of Europe, is dragging dry air down from Europe. Chief Meteorologist Jeff Berardelli of WFLA in Tampa says this area is experiencing multiple heat waves and is in the midst of its worst drought in centuries — conditions which create very dry air that travels over the ocean and inhibits tropical formation.
- Saharan dust. According to Yeomans, some dust is still present in the main development region of the tropics. While there’s less than there was a month ago, the dry and windy air it causes is also inhibiting storm formation.
- High winds across the Atlantic basin.
Despite these factors, Yeomans says storm activity is expected to ratchet up in the coming weeks.
“Over the next 1 to 2 weeks, we expect the dust and wind shear over the Atlantic to lessen/lighten and expect more rising air to develop in that area (instead of sinking),” said Yeomans. “All of these should lead to an uptick in activity.”
He notes, however, that while it’s been quiet, the season isn’t all that unique, adding that most Atlantic tropical storm/hurricane activity usually happens after August 20. The peak of the season comes around September 10.
There’s another reason why this season may seem slower — recent hurricane seasons have been so much more active than average. WFLA reported that by August 1, 2021, there had already been five named storms. In 2020, there were eight between May and July. So while this season may be a little lightweight so far, it’s too soon to tell if it’ll ultimately be considered “slow.”
But could this slightly slow start to the hurricane season impact severity? Yeomans answered simply: “There’s no correlation between a slower start of hurricane season and how the rest of it plays out.”
The 2022 Atlantic hurricane season ends Nov. 30.
Tropical systems explained
While it may be confusing to understand the differences between types of tropical weather events, Yeomans broke down how they’re classified:
- Tropical depression: Weaker systems with winds of 38 miles per hour or less
- Tropical storm: Winds reach 39 mph or higher, at which point the storm is officially named
- Hurricane: Winds reach 74 mph or higher. Hurricanes keep the same names they earned when they reached “tropical storm” status
“Basically, if a tropical depression forms but then falls apart, it never gets a name,” said Yeomans. “If something reaches tropical storm strength or stronger, it becomes a ‘named storm.'” | https://cw33.com/news/nexstar-media-wire/why-havent-there-been-hurricanes-so-far-this-year/ | 2022-08-19T17:22:46Z |
STATE COLLEGE, Pa., July 20, 2022 /PRNewswire/ -- KCF Technologies, a leading provider of machine health optimization technology and services, announced strategic investments through its first growth capital round. The benefit to the capital raised will help KCF scale faster with technology development, sustain rapid growth, and continue to push industry beyond predictive maintenance with a full machine health platform.
Over the last two decades, KCF has organically grown a global portfolio of 128 manufacturing companies. In the first half of 2022, KCF has expanded the full stack offering of hardware, software, and services into 84 new plant and shop locations on the heels of new product and feature releases.
Momentum from this year's release of KCF's all-new SMARTdiagnostics 4.0 machine health platform, coupled with hardware advancements from the release of an all-new Base Station in early 2022, KCF's tech platform continues to accelerate with enhancements and adoption across manufacturers worldwide. New features for 2022 that are advancing adoption of the machine health platform include Sensor AI and MachineIQ. SensorAI consistently monitors data to search for deviations and sudden changes that drive the need for immediate action on plants critical assets. MachineIQ classifies and makes recommendations to solve issues, facilitating work flows to schedule maintenance work through Computer Maintenance Management System integrations.
KCF's proprietary software, SMARTdiagnostics, leverages a library of machine data, analytics, and condition monitoring expertise acquired over two decades. SMARTdiagnostics continues to develop on a foundation of 200,000 collective years of machine health and over 60 billion machine health measurements to further advance offerings powered by advanced analytics, Machine Learning, and AI. The convergence of industry leading machine health technology and a high-touch engineering team that has a deep understanding of asset performance has delivered over $2.7 billion dollars in customer savings to date.
Built on a foundation to permanently solve complex asset problems, KCF's integrated platform serves critical global manufacturers in various industrial verticals, including pharmaceutical, food & beverage, power generation, forest products, oil & gas, and automotive.
"For the last 20 years we have been fortunate for our long-standing relationships with cutting-edge manufacturers around the world. Today, we are thrilled to bring in like-minded partners to accelerate our tech stack and scale the value even faster." – Dr. Jeremy Frank, CEO of KCF Technologies
Two partners in the Series A funding, Graham Partners and RiverBay Capital, benefit KCF with their focused industry knowledge in technology, advanced manufacturing, and engineering resources.
About KCF Technologies:
KCF is on a mission to permanently solve the complex asset problems that have plagued industry. Our team develops technology and services that empower industrial businesses to eliminate unplanned downtime, optimize their operations, and outpace their competition. For more information on SMARTdiagnostics 4.0, visit www.kcftech.com.
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SOURCE KCF Technologies, Inc. | https://www.wibw.com/prnewswire/2022/07/20/kcf-technologies-accelerates-machine-health-platform-with-new-investors/ | 2022-07-20T12:33:59Z |
Noah Hanifin sets up Flames in 4-1 win over Kraken
By CHRIS TALBOTT
Associated Press
SEATTLE (AP) — Noah Hanifin had four assists and the Calgary Flames beat the Seattle Kraken 4-1 for their fourth straight victory. Blake Coleman, Trevor Lewis and Michael Stone scored off primary assists from Hanifin; he also had a secondary assist on a goal from Tyler Toffoli. The teams will conclude the home-and-home series Tuesday night in Calgary. Toffoli added a short-handed, empty-net goal to cap the scoring, and Jacob Markstrom made 27 saves. Karson Kuhlman scored for Seattle, and Philipp Grubauer stopped 25 shots. | https://localnews8.com/sports/ap-national-sports/2022/04/09/noah-hanifin-sets-up-flames-in-4-1-win-over-kraken/ | 2022-04-10T03:08:58Z |
Osmo to Launch Technology-Based, Personalized Learn-to-Read Program for Kids
PALO ALTO, Calif., June 6, 2022 /PRNewswire/ -- Opening a new world to children through the joy of reading has been a lifelong mission for LeVar Burton. The legendary actor, presenter, director, podcaster and author is taking on a new role as the Chief Reading Officer (CRO) for Osmo from BYJU'S. Burton has been a high-profile advocate of reading for decades and was drawn to the engaging way Osmo from BYJU'S uses technology to help children learn new skills while having fun.
In his new CRO role, Burton will share insights and information with parents and educators on ways to inspire kids to increase their reading time. A champion of early childhood education, Burton will make special appearances to read with kids, families, and educators in an effort to reduce the literacy gap.
Later this summer, Burton will join Osmo from BYJU'S as it releases its technology-based, personalized, learn-to-read program, Reading Adventure. The program integrates physical and digital learning along with automatic speech recognition for a multisensory reading experience.
"Teaching children to become eager readers is my life's work, so becoming the Chief Reading Officer at Osmo by BYJU'S is the perfect way for me to further this mission," said Burton. "Osmo's Reading Adventure makes learning to read a magical experience–one that helps parents and teachers nurture a love of books in children."
"LeVar Burton personifies the joy of reading and he is celebrated around the world as an enthusiastic proponent for early childhood literacy," said Cherian Thomas, Senior Vice President of Osmo and International Business at BYJU'S. "For nearly 40 years, LeVar has inspired us and our children to read. Now, as Osmo's Chief Reading Officer, we will work together to teach the next generation to love reading."
In the coming months, Burton will help launch Osmo's Reading Adventure, a personalized reading program where kids build their skills and confidence. Developed with educators, the program uses physical and digital play along with speech recognition and artificial intelligence to cover critical reading skills from kindergarten through first grade (ages 5-7).
Osmo Reading Adventure includes an app, physical books and an interactive crystal wand (available on iOS). The program also includes skill building games and activities, and adapts to meet the skill level of the child for a more dynamic, fun experience.
Osmo Reading Adventure will be available this summer at PlayOsmo.com and on Amazon. For more information on Reading Adventure, please visit http://playosmo.com/en/readingadventure.
Editor's note: Photos can be downloaded from here.
Osmo is an award-winning STEAM brand, which is part of BYJU'S, the leading global edtech company. Osmo and Osmo Education products are used in more than 2.5 million homes and 50,000 classrooms. Osmo builds a universe of hands-on gamified learning experiences validated by education experts that nourish the minds of children. Leveraging its proprietary reflective artificial intelligence, Osmo unleashes the power of physical tools combined with the digital world through augmented reality to deliver dynamic phygital education games, programs and platforms. Learn more at PlayOsmo.com and Osmo Education.
BYJU'S, the world's largest education technology company, provides engaging and personalized learning programs to more than 150 million students around the world. Founded and headquartered in India, BYJU'S mission is to make high-quality and innovative education available to all students. The BYJU'S family of brands cater to a wide range of learners of all ages and includes BYJU'S FutureSchool, Epic, Osmo, Tynker and the BYJU'S Learning App featuring Disney. With users in more than 100 countries and learning programs offered in multiple languages, BYJU'S is at the forefront of creating tech-driven and immersive learning experiences for students around the world. For more information, visit www.byjus.com/global.
Osmo by BYJU'S Press Contacts:
Shawn Smith
Global Head of Communications, Osmo
shawn@playosmo.com
DKC News
osmo@dkcnews.com
LeVar Burton Press Contact:
Teri Weigel
THE CREATIVE GROUP PR
teri@thecreativegrouppr.com
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SOURCE Osmo | https://www.wibw.com/prnewswire/2022/06/06/osmo-byjus-appoints-levar-burton-its-new-chief-reading-officer-company-readies-take-children-reading-adventure-this-summer/ | 2022-06-06T15:15:33Z |
BOSTON, June 23, 2022 /PRNewswire/ -- The leading company in artificial intelligence (AI) for language understanding expert.ai (EXAI:IM) was among the select companies that Forrester invited to participate in The Forrester Wave™: Text Analytics for both People-Oriented and Document-Oriented Platforms*.
In their 26-criterion evaluation of document-oriented text analytics platforms, Forrester identified the 12 most significant platforms in the market; their 29-criterion evaluation of people-focused text analytics identified the 13 most significant platforms. In both reports, expert.ai was named as a Strong Performer, receiving the highest scores possible in eight criteria, including data enrichment and labeling, support for relevant use cases, knowledge-based AI, subdocument text analytics, document-level text analytics, natural language inference (People-Oriented), DevOps, and architecture and deployment options.
"When enterprises want to put NLP solutions into production—not just as experiments, but real solutions—they need to go beyond traditional tools, single techniques and over-hyped language models," said Luca Scagliarini, expert.ai CPO. "We believe this recognition by Forrester shows that the market is beginning to align with our vision, which is based on providing the most effective mix of natural language tools and techniques to address all of your strategic business use cases within a single, purpose-built NLP platform."
According to both Forrester reports, "Expert.ai is a great choice for customers looking to build customized text analytics applications using hybrid AI (the combination of knowledge/symbolic and machine learning techniques), or customers looking to leverage knowledge-based AI for out of the box accuracy, model explainability (a key in highly regulated industries), or who are not ready to invest in the full ModelOps cycle." The company also received the highest score possible in the planned enhancements criterion within the strategy category in the Document-Oriented Wave.
The document-oriented Forrester report states that "…text analytics – technologies that mine data from enterprise documents - has become a critical enterprise capability…."
To learn more, get The Forrester Wave™: Document-Oriented Text Analytics Platforms, Q2 2022
*The Forrester Wave™: People-Oriented Text Analytics Platforms, Q2 2022 here
*The Forrester Wave™: Document-Oriented Text Analytics Platforms, Q2 2022 here
Expert.ai (EXAI:IM) is a leading company in AI-based natural language software. Organizations in insurance, banking and finance, publishing, media and defense all rely on expert.ai to turn language into data, analyze and understand complex documents, accelerate intelligent process automation and improve decision making. Expert.ai's purpose-built natural language platform pairs simple and powerful tools with a proven hybrid AI approach that combines symbolic and machine learning to solve real-world problems and enhance business operations at speed and scale. With offices in Europe and North America, expert.ai serves global businesses such as AXA XL, Zurich Insurance Group, Generali, The Associated Press, Bloomberg INDG, BNP Paribas, Rabobank, Gannett and EBSCO. For more information, visit https://www.expert.ai
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SOURCE expert.ai | https://www.wibw.com/prnewswire/2022/06/23/expertai-recognized-by-leading-research-firm-strong-performer-text-analytics-platforms-evaluations/ | 2022-06-23T13:21:26Z |
League to hold Sarasota School Board candidates forum
SARASOTA, Fla. (WWSB) - The League of Women Voters of Sarasota County Education Fund will host a live virtual forum July 27 with candidates for the Sarasota County School Board beginning at 6 p.m.
This moderator-led forum will begin with a brief self-introduction by the candidates. The League has developed a set of pertinent questions which will be asked of each candidate. Questions from attendees may also be asked using the chat function in Zoom.
The League is a nonpartisan organization dedicated to encouraging the informed and active participation of citizens in government.
Invitations have been extended to all candidates running for the School Board, but the League cannot guarantee full participation.
You can register for the forum here.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/20/league-hold-sarasota-school-board-candidates-forum/ | 2022-07-20T16:22:36Z |
- Strengthens balance sheet with significant non-dilutive, low-cost capital
- Expands ability to bring the promise of precision therapy to broad patient populations through internal R&D and strategic business development
- Propelled by global launches of AYVAKIT®/AYVAKYT® (avapritinib) and GAVRETO® (pralsetinib), and shared confidence in the important growth opportunity in systemic mastocytosis
- Blueprint Medicines will receive $575 million in total cash funded at close
CAMBRIDGE, Mass., June 30, 2022 /PRNewswire/ -- Blueprint Medicines Corporation (NASDAQ: BPMC) today announced strategic financing collaborations with Sixth Street and Royalty Pharma (NASDAQ: RPRX) for up to $1.25 billion, bringing significant non-dilutive, low-cost capital to drive innovation and growth.
These tailored investments by two highly respected life sciences-focused investors capitalize on Blueprint Medicines' significant accomplishments to date and add strategic financial partners who are aligned with the company's growth ambitions and confidence in the anticipated commercial opportunity and launch performance of AYVAKIT®/AYVAKYT® (avapritinib) and GAVRETO® (pralsetinib). The financings provide capital to expand and advance the company's robust and diverse pipeline towards commercialization and to continue pursuing strategic and synergistic business development opportunities.
"This attractive deal puts Blueprint Medicines in a very strong financial position to drive rapid growth while maintaining our path to profitability in the coming years. The combination of our strong cash position, multiple drivers of top-line revenue, and diversity of important pipeline programs uniquely positions us to continue building a leading precision therapy company and bring transformative medicines to patients worldwide," said Kate Haviland, Chief Executive Officer of Blueprint Medicines. "Executing this deal with such favorable terms in the current market environment speaks to the quality of the assets, the aligned confidence in the commercial opportunities, and the investment opportunity that Blueprint Medicines represents overall for firms like Sixth Street and Royalty Pharma, with whom we are building long-term strategic relationships."
This multi-component deal is comprised of the following elements:
- The agreement with Sixth Street has three parts:
- The agreement with Royalty Pharma monetizes royalties receivable from GAVRETO net sales by Roche outside of the US, not including Greater China, with $175 million cash paid to Blueprint Medicines upfront and up to $165 million in potential milestone payments based on future sales.
"Blueprint Medicines is an impressive and differentiated biopharmaceutical company, with a proven track record of success in developing and commercializing precision therapies. We are particularly excited about the opportunity for AYVAKIT to meet the substantial need in patients with non-advanced systemic mastocytosis," said Vijay Mohan and Jeff Pootoolal, Partners at Sixth Street. "We believe that investing now, when the company is already in a strong financial position, is the first step toward a long-term relationship that will open the door to further potential opportunities for growth and partnership."
"GAVRETO is an important precision therapy that has been incredibly meaningful for patients with metastatic, RET fusion-positive non-small cell lung cancer who may have otherwise had limited options," said Pablo Legorreta, Royalty Pharma's founder and Chief Executive Officer. "We are pleased to establish a partnership with the experienced team at Blueprint Medicines to help fuel their execution on the significant commercial and development opportunities they have ahead."
Cowen and Company served as financial advisor and Goodwin Procter LLP served as legal advisor to Blueprint Medicines. Cooley LLP acted as legal advisors to Sixth Street. Gibson Dunn acted as legal advisors to Royalty Pharma.
Investor Conference Call Information
Blueprint Medicines will host a live conference call and webcast at 8:30 a.m. ET today to discuss the collaborations. The conference call may be accessed by dialing 844-200-6205 (domestic) or 929-526-1599 (international), and referring to conference ID 658541. A webcast of the call will also be available under "Events and Presentations" in the Investors & Media section of the Blueprint Medicines website at http://ir.blueprintmedicines.com/. The archived webcast will be available on Blueprint Medicines' website approximately two hours after the conference call and will be available for 30 days following the call.
About AYVAKIT (avapritinib)
AYVAKIT (avapritinib) is a kinase inhibitor approved by the FDA for the treatment of adults with Advanced SM, including aggressive SM (ASM), SM with an associated hematological neoplasm (SM-AHN) and mast cell leukemia (MCL), and adults with unresectable or metastatic gastrointestinal stromal tumor (GIST) harboring a PDGFRA exon 18 mutation, including PDGFRA D842V mutations. For more information, visit AYVAKIT.com. Under the brand name AYVAKYT (avapritinib), this medicine is approved by the European Commission for the treatment of adults with ASM, SM-AHN or MCL, after at least one systemic therapy, and adults with unresectable or metastatic GIST harboring the PDGFRA D842V mutation.
AYVAKIT/AYVAKYT is not approved for the treatment of any other indication in the U.S. or Europe.
Blueprint Medicines is developing AYVAKIT globally for the treatment of advanced and non-advanced SM. The FDA granted breakthrough therapy designation to AYVAKIT for the treatment of moderate to severe indolent SM. The European Commission granted orphan medicinal product designation for AYVAKYT for the treatment of GIST and mastocytosis.
Please click here to see the full U.S. Prescribing Information for AYVAKIT, and click here to see the European Summary of Product Characteristics for AYVAKYT.
About GAVRETO (pralsetinib)
GAVRETO (pralsetinib) is a once-daily oral targeted therapy approved by the U.S. Food and Drug Administration (FDA) for the treatment of three indications: adult patients with metastatic RET fusion-positive NSCLC as detected by an FDA approved test, adult and pediatric patients 12 years of age and older with advanced or metastatic RET-mutant medullary thyroid cancer (MTC) who require systemic therapy, and adults and pediatric patients 12 years of age and older with advanced or metastatic RET fusion-positive thyroid cancer who require systemic therapy and who are radioactive iodine-refractory (if radioactive iodine is appropriate). These indications are approved under accelerated approval based on overall response rate and duration of response. Continued approval for these indications may be contingent upon verification and description of clinical benefit in confirmatory trials. In addition, GAVRETO is approved by the National Medical Products Administration (NMPA) of China for the treatment of adult patients with locally advanced or metastatic RET fusion-positive NSCLC after platinum-based chemotherapy.
GAVRETO is not approved for the treatment of any other indication in the U.S. by the FDA or in China by the NMPA, or for any indication in any other jurisdiction by any other health authority.
GAVRETO is designed to selectively and potently target oncogenic RET alterations, including secondary RET mutations predicted to drive resistance to treatment. In preclinical studies, GAVRETO inhibited RET at lower concentrations than other pharmacologically relevant kinases, including VEGFR2, FGFR2 and JAK2. For more information, visit GAVRETO.com.
Blueprint Medicines and Roche are co-developing GAVRETO globally (excluding Greater China) for the treatment of patients with RET-altered NSCLC, various types of thyroid cancer and other solid tumors. The European Medicines Agency validated a marketing authorization application for GAVRETO for the treatment of RET fusion-positive NSCLC. The FDA granted breakthrough therapy designation to GAVRETO for the treatment of RET fusion-positive NSCLC that has progressed following platinum-based chemotherapy and for RET mutation-positive MTC that requires systemic treatment and for which there are no acceptable alternative treatments.
Please click here to see the full U.S. Prescribing Information for GAVRETO.
About Blueprint Medicines
Blueprint Medicines is a global precision therapy company that invents life-changing therapies for people with cancer and blood disorders. Applying an approach that is both precise and agile, we create medicines that selectively target genetic drivers, with the goal of staying one step ahead across stages of disease. Since 2011, we have leveraged our research platform, including expertise in molecular targeting and world-class drug design capabilities, to rapidly and reproducibly translate science into a broad pipeline of precision therapies. Today, we are delivering approved medicines directly to patients in the United States and Europe, and we are globally advancing multiple programs for systemic mastocytosis, lung cancer and other genomically defined cancers, and cancer immunotherapy. For more information, visit www.BlueprintMedicines.com and follow us on Twitter (@BlueprintMeds) and LinkedIn.
About Sixth Street
Sixth Street is a global investment firm with over $60 billion in assets under management and committed capital. The firm uses its long-term, flexible capital, data-enabled capabilities, and One Team culture to develop themes and offers solutions to companies across all stages of growth. Sixth Street's healthcare and life sciences team provides strategic capital and forms long-term partnerships with companies creating new technologies to address pressing healthcare challenges and improve patient care. Select Sixth Street investments include Biohaven, Caris Life Sciences, ConcertAI, Datavant, DrFirst, Mammoth Biosciences, MDLIVE, and Visiquate. For more information, visit www.sixthstreet.com and follow Sixth Street on LinkedIn, Twitter, or Instagram.
About Royalty Pharma
Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and non-for-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry's leading therapies. Royalty Pharma funds innovation in the biopharmaceutical industry both directly and indirectly - directly when it partners with companies to co-fund late-stage clinical trials and new product launches in exchange for future royalties, and indirectly when it acquires existing royalties from the original innovators. Royalty Pharma's current portfolio includes royalties on around 35 commercial products, including AbbVie and Johnson & Johnson's Imbruvica, Johnson & Johnson's Tremfya, Astellas' and Pfizer's Xtandi, Biogen's Tysabri, Gilead's Trodelvy, Novartis' Promacta, Vertex's Kalydeco, Orkambi, Symdeko and Trikafta, and 10 development-stage therapies.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, statements regarding plans, strategies, timelines and expectations for Blueprint Medicines' current or future approved drugs and drug candidates, including timelines for marketing applications and approvals, the initiation of clinical trials and trial cohorts, or the results of ongoing and planned clinical trials; Blueprint Medicines' expectations regarding the investments by Sixth Street and Royalty Pharma and the potential acceleration of its commercial products and pipeline resulting from the non-dilutive growth capital; Blueprint Medicines' plans, strategies and timelines to nominate development candidates; the anticipated benefits of the preclinical profiles of Blueprint Medicines' drug candidates; plans and timelines for additional marketing applications for avapritinib and pralsetinib and, if approved, commercializing avapritinib and pralsetinib in additional geographies or for additional indications; the potential benefits of any of Blueprint Medicines' current or future approved drugs or drug candidates in treating patients; the potential benefits of Blueprint Medicines' collaborations or business development activities; and Blueprint Medicines' financial performance, strategy, goals and anticipated milestones, business plans and focus. The words "aim," "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "project," "potential," "continue," "target" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, risks and uncertainties related to the impact of the COVID-19 pandemic to Blueprint Medicines' business, operations, strategy, goals and anticipated milestones, including Blueprint Medicines' ongoing and planned research and discovery activities, ability to conduct ongoing and planned clinical trials, clinical supply of current or future drug candidates, commercial supply of current or future approved products, and launching, marketing and selling current or future approved products; Blueprint Medicines' ability and plans in continuing to establish and expand a commercial infrastructure, and successfully launching, marketing and selling current or future approved products; Blueprint Medicines' ability to successfully expand the approved indications for AYVAKIT/AYVAKYT and GAVRETO or obtain marketing approval for AYVAKIT/AYVAKYT in additional geographies in the future; the delay of any current or planned clinical trials or the development of Blueprint Medicines' current or future drug candidates; Blueprint Medicines' advancement of multiple early-stage efforts; Blueprint Medicines' ability to successfully demonstrate the safety and efficacy of its drug candidates and gain approval of its drug candidates on a timely basis, if at all; the preclinical and clinical results for Blueprint Medicines' drug candidates, which may not support further development of such drug candidates either as monotherapies or in combination with other agents or may impact the anticipated timing of data or regulatory submissions; the timing of the initiation of clinical trials and trial cohorts at clinical trial sites and patient enrollment rates; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials; Blueprint Medicines' ability to obtain, maintain and enforce patent and other intellectual property protection for AYVAKIT/AYVAKYT, GAVRETO or any drug candidates it is developing; Blueprint Medicines' ability to develop and commercialize companion diagnostic tests for AYVAKIT/AYVAKYT, GAVRETO or any of its current and future drug candidates; Blueprint Medicines' ability to successfully expand its operations, research platform and portfolio of therapeutic candidates, and the timing and costs thereof; and the success of Blueprint Medicines' current and future collaborations, partnerships, acquisitions or licensing arrangements. These and other risks and uncertainties are described in greater detail in the section entitled "Risk Factors" in Blueprint Medicines' filings with the Securities and Exchange Commission (SEC), including Blueprint Medicines' most recent Annual Report on Form 10-K, as supplemented by its most recent Quarterly Report on Form 10-Q and any other filings that Blueprint Medicines has made or may make with the SEC in the future. Any forward-looking statements contained in this press release represent Blueprint Medicines' views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. Except as required by law, Blueprint Medicines explicitly disclaims any obligation to update any forward-looking statements.
Trademarks
Blueprint Medicines AYVAKYT, AYVAKIT, GAVRETO and associated logos are trademarks of Blueprint Medicines Corporation.
Blueprint Medicines
Media
Sarah Mena Guerrero
+1 (617) 714-6684
media@blueprintmedicines.com
Investor Relations
Jenna Cohen
+1 (857) 209-3147
ir@blueprintmedicines.com
Sixth Street
Media
Patrick Clifford
+1 617 793 2004
pclifford@sixthstreet.com
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SOURCE Blueprint Medicines Corporation | https://www.kxii.com/prnewswire/2022/06/30/blueprint-medicines-announces-transformative-125-billion-strategic-financing-collaborations-with-sixth-street-royalty-pharma/ | 2022-06-30T12:41:51Z |
WASHINGTON, July 20, 2022 /PRNewswire/ -- Today, Family Research Council's Lela Gilbert, Arielle Del Turco and Lt. Gen. (Ret.) Jerry Boykin released a new book Heroic Faith: Hope Amid Global Persecution from Fidelis Publishing.
From Asia to Africa, from the Middle East to Europe and beyond, the global persecution of Christians becomes more ominous with every passing year. Heroic Faith serves as a tribute to the courageous believers who face grave, and often deadly threats, yet bravely persevere in their devotion to Jesus Christ.
The book highlights personal stories from those who endure religious persecution and takes a close look at the tragic circumstances Christians often face due to dangerous, and sometimes deadly opposition, to their faith. The book's true stories of persistence and faithfulness offer inspiration and hope. Heroic Faith also provides insights into the ideologies driving the hostility and persecution, what steps the U.S. government might take to help, and how readers can best respond to the struggles of the faithful.
The authors write:
"As we experience increasing threats of discrimination and persecution in the U.S., it is important for us to learn from our brothers and sisters who suffer deeply and dangerously. How do they cope? How do they face injury and death? They may not look like us or live the way we do, but they are our Christian family. What can they teach us? Heroic Faith's pages will carry your imagination to faraway lands with different cultures, climates, and cuisines. And it may well inspire you, encourage you, or even compel you to take action, to reach out, to really want to do something to make a difference."
Lela Gilbert is FRC's Senior Fellow for International Religious Freedom. Arielle Del Turco is FRC's Assistant Director of the Center for Religious Liberty. Lt. Gen. (Ret.) Jerry Boykin serves as FRC's Executive Vice President.
To purchase a copy of Heroic Faith, please visit this link: https://frc.org/heroicfaith
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SOURCE Family Research Council | https://www.kxii.com/prnewswire/2022/07/20/frcs-lela-gilbert-arielle-del-turco-lt-gen-ret-jerry-boykin-publish-new-book-heroic-faith/ | 2022-07-20T20:06:36Z |
- Increasing Original Target for Expense Savings; Management Now Expects $150 to $170 Million in Annualized Cost Savings by H1/2023 versus Stated Target of $60 to $80 Million
- Reiterating Adjusted EBITDA Profitability Run Rate by the End of Fiscal H1 2023
- Remains #1 Canadian LP in High Margin Global Medical Cannabis Revenues; International Medical Revenue Increased 55% from Q3 2021
- Strong balance sheet; Early Repurchase of $141.4 Million in Convertible Debt
EDMONTON, AB, May 12, 2022 /PRNewswire/ - Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today announced its financial and operational results for the third quarter fiscal 2022 ended March 31, 2022.
"We continue to steer our differentiated global cannabis business towards long term shareholder value creation. This is being accomplished through a sole focus on the most profitable growth opportunities, rationalization of our Canadian cost structure and disciplined use of capital. Our plan is working and we remain firmly on track to achieving a positive Adjusted EBITDA run rate by the first half of fiscal 2023. Today, we are announcing further cost savings which will enable us to increase our range of savings under our business transformation plan from $60 to $80 million to $150 to $170 million. Our balance sheet also remains among the strongest in the industry, enabling the repurchase of $141.4 million in convertible debt early, while also providing meaningful working capital to support organic growth and pursue strategic M&A, such as our recent acquisition of Thrive Cannabis," stated Miguel Martin, Chief Executive Officer of Aurora.
"During Q3, we continued focusing on our global medical cannabis business because it is both defensive and stable, with cash gross margins that exceed 60%. We were pleased to have experienced considerable top-line growth in this segment year over year, and with new international markets poised to open, our track record and ability to navigate complex regulatory environments position us ideally for a significant revenue opportunity globally. In terms of the Canadian adult-use market, we continue to adjust to current conditions, are excited for future contributions from the Thrive team, and are committed to a continuous stream of innovation, including advancing our premiumization strategy," he concluded.
Third Quarter 2022 Highlights
(Unless otherwise stated, comparisons are made between fiscal Q3 2022, Q2 2022, and Q3 2021 results and are in Canadian dollars)
Medical Cannabis:
- Medical cannabis net revenue1 was $39.4 million, an 8% increase from the prior year period, delivering 78% of Aurora's Q3 2022 consolidated revenue and 92% of adjusted gross profit.
- The increase in revenue was driven by growth in the international medical business, up 55% year over year as the Company continued to develop new, high margin medical markets, but down 26% sequentially. The sequential revenue decrease was primarily a result of $8.5 million of net sales generated from our Israel supply agreement in the previous quarter. Excluding the impact of Israeli sales, net international medical revenue increased sequentially by $1.8 million and was driven by growth in key markets including Germany, Poland, the UK, and Australia.
- Adjusted gross margin before fair value adjustments on medical cannabis net revenue1 was 64% compared to 63% sequentially and 53% in the prior year period. The year over year improvement was a result of an increase in international sales which yield higher margins and an overall reduction in production costs due to the closure of non-core facilities as part of our business transformation plan.
Consumer Cannabis:
- Consumer cannabis net revenue1 was $10.3 million compared to the prior quarter net revenue of $14.4 million, with the decline due mainly to industry-wide pricing pressures across our portfolio and exacerbated by retail store closures in key provinces for the Company's premium offerings.
- Adjusted gross margin before fair value adjustments on consumer cannabis net revenue1 was 29% versus 23% sequentially and 33% in the prior year period. The increase of 6% from Q2 2022 was driven by the Company's continuing shift toward a premium product portfolio.
Selling, General and Administrative ("SG&A"):
- SG&A, including Research and Development ("R&D"), was $39.5 million (excluding $2.0 million of restructuring related costs and $0.7 million of prior period employee-related accruals) versus $40.9 million in the prior quarter and $43.0 million in the prior year period, presented on a comparable basis. Q3 2022 SG&A is now at the lowest level in almost four years.
Consolidated:
- Q3 2022 total cannabis net revenue1 was $50.4 million, down 17% sequentially. The Q3 2022 average net selling price per gram of dried cannabis1, excluding the effect of bulk wholesale sales, increased 20% to $5.41 from $4.52 in Q2 2022.
- Adjusted gross margin before fair value adjustments on cannabis net revenue1 was 54% in Q3 2022 versus 53% in the prior quarter and 44% in Q3 2021. The increase in Adjusted gross margin compared to the prior year period is due to increased sales in our international medical markets which command significantly higher average net selling prices and margins.
- Adjusted EBITDA1 loss declined to $12.3 million in Q3 2022 versus $9.0 million in Q2 2022 but narrowed from $20.9 million in the prior year period. The change from Q2 2022 was primarily driven by lower revenue that was partially offset by a decrease in SG&A, net of restructuring and one-time costs.
Operational Efficiency Plan, Balance Sheet Strength, & Cash Use:
Aurora has previously identified annualized cash savings of $60 million to $80 million and now expects to surpass the high end of this range with an additional $70 million to $90 million in savings by the end of H1 fiscal 2023, split evenly between costs of goods sold ("COGS") and SG&A, for a total of up to $170 million in cash savings under this transformation program. Projected COGS savings now include the closure of the Aurora Sky facility in Edmonton (previously announced to be operating at approximately 25% capacity), in keeping with our diversified business portfolio, prudent approach to capital allocation, and our strategy in the Canadian adult-use market to focus on higher margin premium categories. These cash savings will be reflected in our P&L either as they occur within SG&A savings, or as inventory is drawn down for production-related savings.
Resulting from these strategic changes, management concluded that the carrying value of goodwill in the Canadian market segment was impaired and that asset specific impairments were required for production facilities being made redundant. As a result of these decisions, Aurora recorded a number of one-time non-cash charges in Q3 2022 including a write down of goodwill of $741.7 million, asset-specific impairments of $176.1 million, and an inventory provision charge of $63.6 million.
At March 31, 2022, Aurora had $480.6 million of cash, including $50.7 million in restricted cash, no secured term debt, and access to US$887.6 million of capital under its shelf prospectus, including an at-the-market (ATM) facility, of which currently US$187.6 million remains under the program. As disclosed previously, management considers the ATM to be available for strategic purposes.
During Q3 2022, Aurora repurchased a total of $13.4 million (US$10.6 million) in principal amount of convertible debt at a total cost, including accrued interest, of $11.8 million (US$9.3 million). Subsequent to Q3 2022, Aurora repurchased a total of $128.0 million (US$100.0 million) in principal amount of convertible debt at a total cost, including accrued interest, of $122.9 million (US$96.0 million). Aurora may, from time to time and subject to market conditions, repurchase its convertible debt, including in open market purchases and privately negotiated transactions.
Aurora continues to materially improve cash use, as outlined in the following table:
Refer to the "Consolidated Statement of Cash Flows" in the "Consolidated Financial Statements" for our cash flow statements prepared in accordance with IAS 7 – Statement of Cash Flows.
Conference Call
Aurora will host a conference call today, Thursday, May 12, 2022, to discuss these results. Miguel Martin, Chief Executive Officer, and Glen Ibbott, Chief Financial Officer, will host the call starting at 5:00 p.m. Eastern time | 3:00 p.m. Mountain Time. A question and answer session will follow management's presentation.
Conference Call Details
This weblink has also been posted to the Company's "Investor Info" link at https://investor.auroramj.com/ under "News & Events".
About Aurora
Aurora is a global leader in the cannabis industry, serving both the medical and consumer markets. Headquartered in Edmonton, Alberta, Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, and Whistler, as well as CBD brands, Reliva and KG7. Medical cannabis brands include MedReleaf, CanniMed, Aurora, Whistler Medical Marijuana Co, and Pedanios. Driven by science and innovation, and with a focus on high-quality cannabis products, Aurora's brands continue to break through as industry leaders in the medical, performance, wellness and adult recreational markets wherever they are launched. Learn more at www.auroramj.com and follow us on Twitter and LinkedIn.
Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB" and is a constituent of the S&P/TSX Composite Index.
Forward Looking Statements
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements made in this news release include, but are not limited to, statements with respect to:
- pro forma measures including revenue, cash flow, Adjusted gross margin before fair value adjustments, and expected SG&A run-rates;
- the Company's ability to execute on its business transformation plan, and path and timing to achieve Adjusted EBITDA profitability;
- anticipated cost savings and planned cost efficiencies, including the execution of the Company's costs savings plan, including, but not limited to, asset consolidation, operational and supply chain efficiencies, and other reductions in SG&A expenses;
- competitive advantages and associated revenue opportunities;
- the Company's ability to fund organic growth and pursue strategic M&A;
- future contributions from the Thrive team;
- the opening of new international markets and associated revenue opportunities;
- the repurchase of additional convertible debentures; and
- the use of proceeds from the ATM facility.
These forward-looking statements are only predictions. Forward looking information or statements contained in this news release have been developed based on assumptions management considers to be reasonable. Material factors or assumptions involved in developing forward-looking statements include, without limitation, publicly available information from governmental sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which the Company believes to be reasonable. Forward-looking statements are subject to a variety of risks, uncertainties and other factors that management believes to be relevant and reasonable in the circumstances could cause actual events, results, level of activity, performance, prospects, opportunities or achievements to differ materially from those projected in the forward-looking statements. These risks include, but are not limited to, the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the development of third party government and non-government consumer sales channels, management's estimates of consumer demand in Canada and in jurisdictions where the Company exports, expectations of future results and expenses, the risk of successful integration of acquired business and operations, management's estimation that SG&A will grow only in proportion of revenue growth, the ability to expand and maintain distribution capabilities, the impact of competition, the general impact of financial market conditions, the yield from cannabis growing operations, product demand, changes in prices of required commodities, competition, and the possibility for changes in laws, rules, and regulations in the industry, epidemics, pandemics or other public health crises, including the current outbreak of COVID-19, and other risks, uncertainties and factors set out under the heading "Risk Factors" in the Company's annual information form dated September 27, 2021 (the "AIF") and filed with Canadian securities regulators available on the Company's issuer profile on SEDAR at www.sedar.com and filed with and available on the SEC's website at www.sec.gov. The Company cautions that the list of risks, uncertainties and other factors described in the AIF is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such information. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.
Non-GAAP Measures
This news release contains certain financial performance measures that are not recognized or defined under IFRS (termed "Non-GAAP Measures"). As a result, this data may not be comparable to data presented by other licensed producers of cannabis and cannabis companies. For an explanation of these measures to related comparable financial information presented in the consolidated financial statements prepared in accordance with IFRS, refer to the discussion below. The Company believes that these Non-GAAP Measures are useful indicators of operating performance and are specifically used by management to assess the financial and operational performance of the Company. These Non-GAAP Measures include, but are not limited, to the following:
- Cannabis net revenue represents revenue from the sale of cannabis products, excluding excise taxes. Cannabis net revenue is further broken down as follows:
- Management believes the cannabis net revenue measures provide more specific information about the net revenue purely generated from our core cannabis business and by market type.
- Average net selling price per gram and gram equivalent is calculated by taking cannabis net revenue and removing the impact of cost of sales net against revenue in agency relationships, which is then divided by total grams and grams equivalent of cannabis sold in the period. Average net selling price per gram and gram equivalent is further broken down as follows:
- Management believes the average net selling price per gram or gram equivalent measures provide more specific information about the pricing trends over time by product and market type. Under an agency relationship, revenue is recognized net of cost of sales in accordance with IFRS. Management believes the removal of agency cost of sales in determining the average net selling price per gram and gram equivalent is more reflective of our average net selling price generated in the marketplace.
- Gross profit before FV adjustments on cannabis net revenue is calculated by subtracting (i) cost of sales, before the effects of changes in FV of biological assets and inventory, and (ii) cost of sales from non-cannabis ancillary support functions, from total cannabis net revenue. Gross margin before FV adjustments on cannabis net revenue is calculated by dividing gross profit before FV adjustments on cannabis net revenue divided by cannabis net revenue. Management believes that these measures provide useful information to assess the profitability of our cannabis operations as it excludes the effects of non-cash FV adjustments on inventory and biological assets, which are required by IFRS.
- Adjusted gross profit before FV adjustments on cannabis net revenue represents cash gross profit and gross margin on cannabis net revenue and is calculated by subtracting from total cannabis net revenue (i) cost of sales, before the effects of changes in FV of biological assets and inventory; (ii) cost of sales from non-cannabis ancillary support functions; and removing (iii) depreciation in cost of sales; (iv) cannabis inventory impairment; and (v) out-of-period adjustments. Adjusted gross margin before FV adjustments on cannabis net revenue is calculated by dividing Adjusted gross profit before FV adjustments on cannabis net revenue divided by cannabis net revenue. Adjusted gross profit and gross margin before FV adjustments on cannabis net revenue is further broken down as follows:
- Management believes that these measures provide useful information to assess the profitability of our cannabis operations as it represents the cash gross profit and margin generated from cannabis operations and excludes (i) out-of-period adjustments to provide information that reflects current period results; and (ii) excludes the effects of non-cash FV adjustments on inventory and biological assets, which are required by IFRS.
- Adjusted EBITDA is calculated as net income (loss) excluding interest income (expense), accretion, income taxes, depreciation, amortization, changes in fair value of inventory sold, changes in fair value of biological assets, share-based compensation, acquisition costs, foreign exchange, share of income (losses) from investment in associates, government grant income, fair value gains and losses on financial instruments, gains and losses on deemed disposal, losses on disposal of assets, restructuring charges, onerous contract provisions, out-of-period adjustments, and non-cash impairments of deposits, property, plant and equipment, equity investments, intangibles, goodwill, and other assets. Adjusted EBITDA is intended to provide a proxy for the Company's operating cash flow and is widely used by industry analysts to compare Aurora to its competitors, and derive expectations of future financial performance for Aurora, and excludes out-of-period adjustments that are not reflective of current operating results. Adjusted EBITDA increases comparability between comparative companies by eliminating variability resulting from differences in capital structures, management decisions related to resource allocation, and the impact of FV adjustments on biological assets and inventory and financial instruments, which may be volatile and fluctuate significantly from period to period.
Non-GAAP measures should be considered together with other data prepared accordance with IFRS to enable investors to evaluate the Company's operating results, underlying performance and prospects in a manner similar to Aurora's management. Accordingly, these non-GAAP measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
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SOURCE Aurora Cannabis Inc. | https://www.wibw.com/prnewswire/2022/05/12/aurora-cannabis-announces-fiscal-2022-third-quarter-results/ | 2022-05-12T21:16:51Z |
CHATTANOOGA, Tenn., June 29, 2022 /PRNewswire/ -- 3Spine, Inc., a medical device company developing total joint replacement for the lumbar spine, today announced completion of the first series of US surgeries in the BalancedBack Total Joint Replacement Investigational Device Exemption (IDE) pivotal clinical trial. All patients enrolled in the IDE will receive the MOTUS device and will be propensity matched against patients prospectively enrolled in 3Spine's real-world evidence (RWE) fusion study, using an adaptive statistical design. 3Spine's RWE study has been enrolling in the US since May 2021.
Benjamin Geddes, MD performed the surgeries at the Center for Sports Medicine and Orthopaedics Surgery Center in Chattanooga, TN, assisted by Alex Sielatycki, MD of Steamboat Orthopaedic and Spine Institute and UC Health Yampa Valley Medical Center in Steamboat Springs, CO. "Alex and I are humbled to have the honor of performing the first lumbar total joint replacements in the US," said Dr. Geddes. "The procedures went very well. Each patient was up and walking within 2 hours after surgery, using the early mobilization protocols for hip and knee arthroplasty patients. This is an encouraging start and we look forward to continuing enrollment."
Jeff Goldstein, MD, national principal investigator (PI) for the IDE said, "On behalf of our study PIs around the country, I'd like to congratulate Dr. Geddes on being the first site to complete enrollment of the RWE study, making him eligible to begin enrollment of the IDE. This is historic work." Dom Coric, MD, national PI for the RWE study continued, "Our strategy to first collect real-world evidence on a variety of posterior lumbar fusions is working well, providing an important baseline at each site and allowing for a staged start to the IDE across centers. I echo Jeff in congratulating Alex and Ben on their achievement."
3Spine's MOTUS device, the implant used in the BalancedBack Total Joint Replacement procedure, is a 'first of kind' technology replacing the function of the disc and facet joints through a posterior approach. The procedure is intended to broadly address leg pain, back pain, and spinal instability, while correcting posture and restoring freedom of movement through reconstruction of the functional spinal unit. 3Spine is seeking single-level indications from L1-S1 in patients suffering from lumbar degeneration with or without foraminal or recess spinal stenosis with no more than a grade 1 spondylolisthesis at the involved level. Additional details are available at ClinicalTrials.gov.
3Spine is a new kind of healthcare company founded to integrate the development, clinical research, and delivery of low back total joint replacement. 3Spine is headquartered in Chattanooga, TN, with research and development facilities in the Greater Boston area and clinical operations in the Cayman Islands. www.3spine.com
Media Contact
Christopher Chafin, SweeneyVesty New York
chris.chafin@sweeneyvesty.com
Tel 718 530 4135
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SOURCE 3Spine | https://www.kxii.com/prnewswire/2022/06/29/3spine-inc-completes-first-us-surgeries/ | 2022-06-29T19:54:35Z |
DALLAS (KDAF) — The Oak Cliff Film Festival was this past weekend! With 66 films listed to screen at the festival, there were tons of great movies to watch, including many local films, a new A24 Film and an immersive audio experience.
Officials have released the list of this year’s winners and they are as follows:
Best Narrative Feature: Linoleum Special Jury Mention: Three Tidy Tigers Tied A Tie Tighter
Best Documentary Feature: Meet Me in the Bathroom Special Jury Mention: Sirens
Best Narrative Short: Peacocking Special Jury Mention: Executrix
Best Documentary Short: Stranger Than Rotterdam With Sarah Driver Special Jury Mention: Deerwoods Deathtrap
Best Student Short: Otra Vida: A Celebration of the Immigrant Special Jury Mention: #BlackatSMU
CRAZY WATER AWARDS
Craziest practical effects – Guts
Craziest sequence – Linoleum
Craziest decision – Second Chance | https://cw33.com/news/local/heres-a-look-at-the-winners-from-2022s-oak-cliff-film-festival/ | 2022-06-28T19:30:10Z |
"Life is for service." Those are the words Rollins College valedictorian Elizabeth Bonker lives by -- words that inspired Rollins' most famous graduate, Mr. Fred Rogers. Bonker, who is nonspeaking and has autism, gave a remarkable address during her school's recent commencement ceremony in Winter Park, Florida.
Clad in a cap and gown decorated with flowers, Bonker explained, through a text-to-speech program, how she typed her remarks using a single finger with the help of a communication aide. People with nonspeaking autism have trouble developing speech, and in Bonker's case, neuromotor issues inhibit her communication and her ability to do some other basic tasks.
Learning to type changed everything.
"That one critical intervention unlocked my mind from its silent cage," she said during her address.
About 25% to 30% of people with autism are nonspeaking, according to one 2018 study. That definition can range from no speech whatsoever to a small set of sounds or words. By Bonker's estimate, there are about 31 million people around the world like her.
Her goal is to help them find their voice, as she has.
"I have a dream. Communication for all," she said. "My life will be dedicated to relieving them from suffering in silence."
In her address, Bonker said she has often been minimized or cast aside because of her differences, and her high school principal once called her a slur and said she would never be a valedictorian.
However, Bonker encouraged her fellow students to hold fast to their freedom to choose their own outlook and their own way in life, which she called a "fundamental human right."
In that freedom to choose, Bonker hopes her fellow graduates will choose to live a life like Mister Rogers did, and like she intends to.
"We are all called to serve as an everyday act of humility; as a habit of mind; to see the worth in every person we serve," she said.
Bonker was one of five graduating students to earn a 4.0 GPA, and Rollins College said her fellow valedictorians unanimously chose her to address their fellow graduates.
"Elizabeth's message has given hope to millions of people who are nonspeaking autistic, and their families," Rollins College President Grant Cornwell said in a statement provided to CNN. "We are thrilled for Elizabeth and hope the attention to her story supports her advocacy work going forward."
During her time at Rollins, Bonker also founded Communication 4 ALL, a nonprofit that supports her dream of ending stigma and silence for other nonspeaking people with autism.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/a-nonspeaking-valedictorian-with-autism-shares-her-voice-in-commencement-address/article_013b77c2-de52-5f5b-835f-1dc1c005e1f3.html | 2022-05-13T17:53:46Z |
DENTON, Texas, July 28, 2022 /PRNewswire/ -- Cosmo Prof, the largest distributor of professional salon products, is focused on connecting with stylists to meet their ever-changing needs. Every artist needs an ally, and Cosmo Prof is here to be that partner.
The Salon distributor is expanding its Artistic Team, a group of professional stylists with extensive industry expertise across diverse specialties. The roster has grown to include next-gen professionals focusing on critical areas that beauty schools and salons may not cover, such as business management and textured hair education. Meet the Cosmo Prof Artistic Team:
- Keon Washington (@keonthebarber) is a master barber who specializes in cuts, fades, intricate designs, and men's grooming. With five years under his belt, he is the longest-standing member of the Artistic Team. Keon owns Wavelengths Barbershop in Greenville, South Carolina, and is well known as an international educator. He has a fun and playful attitude while encouraging stylists to push boundaries and harness the power of creative freedom. Keon works with top brands such as Olaplex, Kenchii, and Reuzel.
- Presley Poe (@presleypoe) has been a member of the Artistic Team for three years and is passionate about sharing their knowledge with the stylist community. As a multi-specialist, they focus on hair cutting and creative coloring (including high-intensity vivids), emphasizing textured hair. In addition to being an international educator, Presley is the owner of Gold Studios, an inclusive salon specializing in all spectrums of hair, from curly to vivids. Presley has been recognized as a Behind the Chair One Shot Winner, and their work has been featured everywhere from Modern Salon to Estetica Magazine.
- Jon Carlos De La Cruz (@joncarlosdelacruz) has been sharing his talent on the Artistic Team for three years. Specializing in color, cutting, and style transformations, he is an expert educator in the arena of textured hair. Jon Carlos is a third-generation Latino hair artist with a celebrity clientele based in Hollywood. He believes hair is a form of self-expression and that confidence is key. His work has been featured in Beauty LaunchPad and Modern Salon, among other media outlets.
- Kristen Lumiere (@kristen.lumiere) is a new member of the Artistic Team. She is a hair educator, beauty business coach, and the owner of The Lumiere House, located just outside of Austin, Texas. Kristen is an inspiring international educator who has been recognized as a Modern Salon Top 100 Artist, Beauty LaunchPad 30 Under 30 Colorist, and a seven-time Behind the Chair One Shot Nominee. Motivated by her passion for sharing social media and business management tips with fellow stylists, Kristen created a Million Dollar Course and other online resources.
- Brenda Espinosa (@brendacurlstylist) is a curly hair expert, brow artist, Poppin Curls & Beauty Bar owner, and another new member of the Artistic Team. Her expertise is fueled by her desire to help clients embrace and love their curls and coils. Based in Port St. Lucie, Florida, Brenda provides a step-by-step approach to education for natural curls. Her inspiring work has been featured in professional stylist publications like Behind the Chair and she has been named a Top 100 One Shot Nominee.
"We are seeing stylists look to digital channels for access to information of all kinds," said Carolyne Guss, Group Vice President of Marketing, Sally Beauty Holdings. "As a result of closures and pivots stylists had to make during the pandemic, they realized the importance of setting a multifaceted foundation for their business and career, but there are many educational gaps. We want to be the bridge, so stylists understand the essentials of managing a business and have the necessary textured hair skills to serve the world's fastest-growing hair market."
Cosmo Prof has a long history of providing stylists with education through events, shows, continued education classes, and more. With help from the Artistic Team, Cosmo Prof is presenting the information stylists need to stay relevant through easy-to-digest content on digital platforms. The 2022 Artistic Team will support fellow professionals by participating in educational shows and special events, teaching digital classes, and sharing their knowledge through content and expert commentary. To learn more about Cosmo Prof, visit https://www.cosmoprofbeauty.com/.
About Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty Supply and Beauty Systems Group businesses. Sally Beauty Supply stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Generic Value Products®, Beyond the Zone® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, Conair® and L'Oreal®. Beauty Systems Group stores, branded as CosmoProf® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 10,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico® and Olaplex®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit https://www.sallybeautyholdings.com/.
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SOURCE Cosmo Prof | https://www.kxii.com/prnewswire/2022/07/28/cosmo-prof-expands-artistic-team-further-meet-needs-stylists/ | 2022-07-28T14:30:49Z |
Musk ordered to abide by SEC settlement over 2018 tweets
DETROIT (AP) — A federal judge has rejected Elon Musk’s bid to throw out a securities fraud settlement over tweets claiming that Musk had the funding to take Tesla private in 2018.
Judge Lewis Liman on Wednesday also denied a motion to nullify a subpoena of Musk seeking information about possible violations of his settlement with the U.S. Securities and Exchange Commission.
Musk had asked the Manhattan federal court to scrap the settlement, which required that his tweets be approved by a Tesla attorney before being published. The SEC is investigating whether the Tesla CEO violated the settlement with tweets last November asking Twitter followers if he should sell 10% of his Tesla stock. Limon’s ruling said that Musk made the tweets without getting pre-approval.
The whole dispute stems from an October 2018 agreement with the SEC that Musk signed. He and Tesla each agreed to pay $20 million in civil fines over Musk’s tweets about having the “funding secured” to take Tesla private at $420 per share.
The funding was far from locked up, and the electric vehicle company remains public, but Tesla’s stock price jumped. The settlement specified governance changes, including Musk’s ouster as board chairman, as well as pre-approval of his tweets.
Limon’s ruling clears the way for the SEC to seek a court order enforcing the subpoena, and for an investigation into another possible violation of the settlement by Musk.
Musk attorney Alex Spiro contended the SEC is using the settlement and “near limitless resources” to chill Musk’s speech. He wrote in court documents that Musk signed the settlement when Tesla was a less mature company and SEC action jeopardized the company’s financing at a critical time.
He also alleged that the subpoena from the SEC is illegal, and that the agency can’t take action about Musk’s tweets without court authorization.
But in a 22-page ruling, Liman wrote that Musk’s claim that economic duress caused him to sign the settlement is “wholly unpersuasive.”
Even if Musk was worried that litigation with the SEC would ruin Tesla financially, “that does not establish a basis for him to get out of the judgment he voluntarily signed,” Liman wrote.
The judge also said the argument that the SEC had used the settlement order to harass Musk and launch investigations was “meritless.”
“Musk could hardly have thought that at the time he entered the decree (settlement) he would have been immune from non-public SEC investigations,” Liman wrote. “It is unsurprising that when Musk tweeted that he was thinking about selling 10% of his interest in Tesla ... that the SEC would have some questions.”
Now the SEC could ask Liman to enforce the subpoena, which Liman wrote is the proper legal forum for Musk to challenge it. In the settlement, Musk also agreed not to deny the SEC’s allegations in the 2018 securities fraud complaint. The SEC also could investigate Musk’s recent denials.
Musk has contended in a recent interview that he did indeed have the funding lined up in 2018. But a judge in a separate case ruled that his tweets about that were false.
An SEC spokesman didn’t respond to a message asking whether it would try to enforce the subpoena. A message was left Wednesday seeking comment from Spiro about whether Musk will appeal Liman’s order.
Liman wrote in his ruling that the “funding secured” tweet allegedly was false. “Musk had not discussed specific deal terms with any potential financing partners, and he knew the potential transaction was uncertain and subject to numerous contingencies,” Liman wrote.
He also agreed with the SEC that Congress gave it broad powers to investigate if someone has violated federal securities laws. “Musk may wish it were otherwise, but he remains subject to the same enforcement authority - and has the same means to challenge the exercise of that authority - as any other citizen,” Liman wrote.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/27/elon-musk-quest-scrap-deal-over-2018-tweets-is-rejected/ | 2022-04-27T19:21:13Z |
(NEXSTAR) – Doctors are paying close attention to warning signs out of the Southern Hemisphere that may indicate a rough flu season ahead in the United States.
Australia’s flu season usually peaks during their winter, in July or August, giving us a preview of what we may be able to expect during our peak flu season in the winter months. The country just experienced its fifth-worst flu season in history, said Dr. Andrew Pekosz, a virologist with the Johns Hopkins Bloomberg School of Public Health, in a recent media briefing.
Two things made the season especially severe, Pekosz explained. First, the season started earlier than usual, catching some people off guard. Here at home, the Centers for Disease Control and Prevention told NBC News they are staying “very alert” for signs of an early flu spike.
“The first thing that we’ll look for is when local public health agencies start to report cases of influenza,” Pekosz said. “We shouldn’t see influenza until November or December at the earliest, and it shouldn’t peak until January or February.”
But if we start to see significant case numbers being reported between September and November, Pekosz said, “that’ll be the first sign that influenza is coming here earlier.”
If flu season starts earlier, you may want to consider getting vaccinated earlier, as well.
“It’s always difficult to time vaccinations correctly,” Pekosz admitted, since we can’t easily tell when cases may spike in our communities. “What I would do, particularly if you’re in a high-risk group, I would see about influenza vaccine availability in your area. The vaccine usually rolls out primarily in October, though some pharmacies may have it right now.”
The other aspect that made influenza particularly devastating in Australia this year is how hard it hit children and young people. A lot of children haven’t had much exposure to the virus in recent years thanks to measures put in place to prevent COVID-19 spread. Their immune systems proved especially vulnerable in Australia, joining the elderly as groups at high risk for serious illness. NBC News reports kids aged 5 to 9 reported the most cases, followed by kids under 4.
Pekosz said health officials in the U.S. will be paying close attention to who is being admitted to the hospital for influenza once infections begin to assess if children here are getting sicker than in years prior.
The good news, Pekosz said, is he belives the vaccine should be a good match for the flu strain we expect to see circulating. (Australia health officials, however, said it is too early to assess whether that was the case.) The CDC recommends everyone older than 6 months old get vaccinated against influenza annually (with a few exceptions).
“I would think about the influenza vaccine the same way you’re thinking about the bivalent COVID-19 vaccine,” Pekosz said. “Both of those are needed, both of those should be scheduled as soon as possible, and ideally at the same time, so that one doesn’t fall into the trap of getting one and then forgetting to come back for the other.”
Only about half of Americans got the flu vaccine in the 2020-2021 flu season, according to CDC data. | https://cw33.com/news/nexstar-media-wire/why-australias-flu-season-has-the-us-on-high-alert/ | 2022-09-16T15:26:29Z |
SOUTH SAN FRANCISCO, Calif., Sept. 13, 2022 /PRNewswire/ -- Great Place to Work® and Fortune magazine have honored AKASA as one of the 2022 Best Workplaces in Health Care™. This is AKASA's first time being named to this prestigious list, this year coming in at #16. Earning a spot means that AKASA is one of the best companies to work for in the country.
The Best Workplaces in Health Care award is based on analysis of survey responses from over 161,000 current employees in the manufacturing and production industry. In that survey, 94% of AKASA's employees said AKASA is a great place to work. This number is 37% higher than the average U.S. company.
"It's an incredible honor to be named one of the best places to work in healthcare," said Malinka Walaliyadde, CEO and co-founder of AKASA. "Our purpose is to enable human health by building the future of healthcare with AI. The mission attracts individuals who want to solve problems that directly impact people's lives. AKASA's cross-functional team of experts helps make that mission a reality."
The Best Workplaces in Health Care list is highly competitive. Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they are a Great Place to Work-Certified™ organization.
Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.
"It is our honor to spotlight the Best Workplaces in Health Care," says Michael C. Bush, CEO of Great Place to Work. "Health care heroes have been on the front lines saving lives, and these organizations dug deep to tailor their support to the rapidly changing demands from the pandemic. We applaud their commitment to inclusive, high-trust cultures."
AKASA was also recognized by Fortune Magazine and Great Places to Work as one of the Best Workplaces in the Bay Area™ in 2022.
AKASA is the leading developer of AI for healthcare operations. AKASA scales human intelligence with leading-edge AI and ML securely trained on customer data to learn unique systems, continuously adapt to changing environments, and deliver comprehensive automation and analytics for complex workflows. The result is a seamlessly integrated, customized solution that reduces operating costs, frees up staff to do the work they love, and helps health systems allocate resources to where they matter most.
AKASA is a remote-first company and we are hiring. Step into the future of healthcare with AKASA. Learn more at AKASA.com/careers.
Great Place to Work selected the Best Workplaces in Health Care by gathering and analyzing confidential survey responses from more than 161,000 employees at Great Place to Work-Certified™ organizations in the health care industry. Company rankings are derived from 60 employee experience questions within the Great Place to Work® Trust Index™ survey. Great Place to Work determines its lists using its proprietary For All™ methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study, based on over 1 million survey responses and data from companies representing more than 6.1 million employees, this year alone. Read the full methodology.
To get on this list next year, start here.
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
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SOURCE AKASA | https://www.kxii.com/prnewswire/2022/09/13/fortune-great-place-work-name-akasa-one-2022-best-workplaces-health-care-ranking-16/ | 2022-09-13T04:58:18Z |
(The Hill) – The White House is bracing for “extraordinarily elevated” inflation numbers to be reflected in Tuesday’s data from the Labor Department, attributing it largely to rising energy costs stemming from the Russian invasion of Ukraine.
Monthly data from the consumer price index (CPI), a key gauge of inflation, is due out on Tuesday, and White House press secretary Jen Psaki said officials are prepared for heightened numbers.
“Because of the actions we’ve taken to address the Putin price hike, we are in a better place than we were last month,” Psaki said, indirectly referring to releasing additional oil from the Strategic Petroleum Reserve and calls for oil companies to avoid price gouging.
“But, we expect March CPI headline inflation to be extraordinarily elevated, due to Putin’s price hike,” Psaki continued, saying the impact of energy prices will largely be to blame.
The average cost of a gallon of regular gas is $4.11 as of Monday, according to AAA. That number is down slightly from a month ago, when the average price per gallon was $4.33, but it is still up roughly 50 cents from early March.
“I will say that anytime there’s heightened monthly data or inflation reporting or numbers, it is a reminder to us, our allies on the Hill and hopefully to many of the American people that we need to do more to reduce costs for the American people,” Psaki said.
She pushed for Congress to pass the administration’s proposals on prescription drug pricing, childcare and other areas that would reduce costs for families and help mitigate the effects of rising costs for energy and food.
Rising prices for food, energy, shelter and a wide range of consumer goods have squeezed household budgets amid an otherwise strong recovery from the COVID-19 pandemic. Administration officials have largely chalked it up to the Russian invasion of Ukraine, which has roiled global energy markets and upended food supply chains. | https://cw33.com/news/white-house-braces-for-extraordinarily-elevated-inflation-numbers/ | 2022-04-11T23:41:25Z |
SUNRISE, Fla. (AP) — There will be a Presidents’ Trophy banner hanging over the Florida Panthers’ home ice next season. The team’s media relations department will spend its summer rewriting the record book because tons of pages need updating. And the earliest that the Panthers will again have to hear about a 26-year drought between playoff series wins is in 2048.
On those levels, it was a tremendous season for the Panthers.
Of course, none of that mattered after getting swept 4-0 by the Tampa Bay Lightning in the Eastern Conference semifinals.
The best team in hockey’s regular season fell well short of its goal in the postseason. A team that scored more goals than any other club had in a quarter-century — Florida averaged 4.1 per game this season — managed only three in an entire series against the two-time defending Stanley Cup champion Lightning, who wound up knocking the Panthers out of the playoffs for the second consecutive season.
“They’re Stanley Cup champions for a reason,” Florida interim coach Andrew Brunette said. “Their evolution of how they were once a high-flying kind of offensive team and they found their recipe how to win and they stick with it … we aspire to be them. And this was another learning experience for us.”
Florida smashed team single-season records for wins (58), points (an NHL-best 122 this season) and goals, plus — finally — got its first playoff series win since 1996. Jonathan Huberdeau became the first Panthers player with a 100-point season, the team went 34-7-0 at home, started the year with eight consecutive wins and added a 13-game winning streak later in the season.
When the goals came, they were close to unbeatable: 60-9-2 with three goals or more, 2-15-4 with two goals or less. They were shut out only once — in the 92nd and final game of the year, when Tampa Bay’s Andrei Vasilevskiy slammed the door on their season.
“I think we’re closer than ever, but we got swept, and there’s another level we’ve got to climb still,” Brunette said. “We’re still climbing. … I believe we were ready for that next step, and unfortunately we fell short.”
HUBERDEAU EXTENSION
July is when Huberdeau can sign an extension, and that decision should be the Panthers’ No. 1 priority entering the offseason. The Panthers were very creative in how they structured Aleksander Barkov’s eight-year, $80 million extension last fall to assure themselves maximum flexibility going forward — with the looming decision on Huberdeau a big reason why. It’s reasonable to expect he would be in line for the same numbers, at least in terms of annual value, as Barkov got and goaltender Sergei Bobrovsky got when he came to Florida in 2019.
BRUNETTE DECISION
The Panthers never took the “interim” tag off Brunette, who inherited the job after seven games following the departure of Joel Quenneville as part of the fallout from the way the Chicago Blackhawks mishandled the abuse of player Kyle Beach years ago. Brunette wound up as a coach of the year finalist and guided Florida to the Presidents’ Trophy. It’s hard to envision Florida going in a different direction, but there has been no public declaration that Brunette’s job is safe.
“I have to talk to my wife and see if after playing for 20 years, she’s still on board for this,” Brunette said. “But I love this team. I love the group. I believe in it. I believe in them, and I’m really proud of what they accomplished, and I think there’s more.”
THORNTON’S FUTURE
Joe Thornton was in the lineup for Game 4 against Tampa Bay, his only postseason appearance with Florida this season — and maybe the last game of his career. Thornton turns 43 on July 2 and, including playoffs, has now appeared in 1,901 NHL games. That’s seventh most, 91 behind Mark Messier’s record. His 1,673 career points, including playoffs, is 14th-most; everyone ahead of him on that list is already in the Hall of Fame besides Jaromir Jagr, who is a lock to be there as soon as he’s eligible. Thornton came to Florida with hopes of finally hoisting a Stanley Cup; time will tell if he has one more season in him.
GIROUX AND CHIAROT
Florida loaded up at the trade deadline with players on expiring deals, acquiring forward Claude Giroux from Philadelphia and defenseman Ben Chiarot from Montreal. The Panthers aren’t exactly flush with cap space going forward, so keeping either of those players might be extremely difficult. Then again, the Panthers — barring a seismic shakeup — will enter next season as a contender, which might make staying in Florida a bit longer an attractive proposition for Giroux and/or Chiarot.
BOUNCEBACK BOB
Bobrovsky entered the season with a ton of questions, and he answered them all. Spencer Knight is still Florida’s goalie of the future, but Bobrovsky was stellar in the regular season: 39-7-3 with a .913 save percentage and a 2.67 goals-against average. His save (.911) and goals-against numbers (2.70) were basically the same in the playoffs, and Florida’s 4-6 postseason mark certainly wasn’t his fault.
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/for-panthers-regular-season-success-didnt-lead-to-cup-run/ | 2022-05-25T08:11:02Z |
MADRID (AP) — A boat carrying migrants capsized off Spain’s Canary Islands, leaving one person dead and another 24 missing, authorities said.
The vessel overturned sometime between Monday afternoon and early Tuesday, Spain’s marine rescue service said.
Spanish rescuers intercepted three boats heading to the islands, rescuing a total of 116 people, a spokeswoman told The Associated Press.
Two of the boats were located on Monday afternoon, drifting about 65 kilometers (40 miles) south of the archipelago, which lies off the northwest coast of Africa.
A third boat was found capsized around 225 kilometers (140 miles) south of the islands. Marine services rescued 36 people, including 10 women and two minors, and recovered the body of a woman. The search has since been halted, said the spokeswoman, who isn’t authorized to be named in the media.
Authorities had been told that the sinking boat, which is believed to have set off from Cape Bojador in the disputed territory of Western Sahara, had been carrying 61 migrants, she added.
In recent years, migrants have been braving the Atlantic Ocean crossing to make it to the Canary Islands, risking one of the most dangerous routes to European territory.
Last year, 22,316 migrants arrived via the Canary Islands. From January to mid-April this year, 6,359 migrants have arrived in the Canary Islands, according to the Interior Ministry, a 60% rise compared to the same period last year.
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Follow AP’s coverage of migration issues at https://apnews.com/hub/migration | https://cw33.com/news/international/ap-international/spain-1-dead-24-missing-after-migrant-boat-capsizes/ | 2022-04-27T13:38:09Z |
NEW YORK and MIAMI, May 3, 2022 /PRNewswire/ -- The Parkinson's Foundation has announced the expansion of PD GENEration: Mapping the Future of Parkinson's Disease, a first-of-its-kind national initiative offering genetic testing and counseling for people with Parkinson's disease (PD) at no cost. The study has expanded to 23 actively enrolling participant sites – while still offering at-home testing – as part of the Foundation's commitment to reach new populations.
The goal of PD GENEration is to improve PD care by accelerating and supporting research to advance improved treatments and personalized medicine. The study aims to help people with PD and their physicians identify whether they qualify for enrollment in certain clinical trials based on their results. Currently at 23% of its 15,000-participant goal, the study's participants are enrolled from all 50 U.S. states, Puerto Rico and the Dominican Republic.
"For nearly two decades, PD genetic research boomed, but testing was often done in research rather than clinical settings, and results were not shared with participants. In contrast, in PD GENEration, we aim to make testing accessible to all who live with PD, irrespective of their geographic location, primary language or any other barriers which would have previously excluded them from participating in research," said Roy Alcalay, MD, MS, PD GENEration Principal Investigator.
PD GENEration is working to expand its reach with the addition of new testing sites and by collaborating with clinicians in historically excluded communities. This includes a partnership with Morehouse School of Medicine, aiming to make the study more accessible for Black and African American persons in Atlanta. The study also extensively engages Hispanic and Latino persons and provides genetic testing and counseling in English and Spanish.
"Increasing access to PD GENEration helps ensure that anyone living with PD can participate and have easy access to their genetic data," said Chantale Branson, MD, Assistant Professor of Neurology at Morehouse School of Medicine. "We want to encourage community members to take part in the study while letting them know that their experiences are impacting the advancement of research and development of targeted therapies for the entire Parkinson's community."
To meet the broader needs of the research community, the Foundation formed the Parkinson's Disease Gene Curation Expert Panel (GCEP), within the NIH-funded Clinical Genome (ClinGen) Resource. The Parkinson's Disease GCEP is the first-ever genetics working group focused on neurodegenerative diseases. Under the Foundation's leadership, the panel has convened more than 50 of the world's leading researchers, geneticists, neurologists and genetic counselors dedicated to analyzing PD GENEration and other genetic data to build centralized resources that define clinically relevant genes linked to PD – all in hopes of accelerating breakthrough discoveries.
All work done by this panel will help to determine which genes are important for PD which, in turn, helps guide drug approvals and inform drug companies to prioritize specific genetic targets. Future work will evolve to include curation of Parkinson's gene mutations, which will be significant given that the U.S Food and Drug Administration (FDA) has recognized ClinGen's processes for variant interpretation. All work will be published and openly available as resources for researchers, clinicians and PD community members to promote a better understanding of the disease.
To learn more about PD GENEration, visit Parkinson.org/PDGENEration or call 1-800-4PD-INFO (473-4636). For questions about enrollment, email Genetics@Parkinson.org.
About the Parkinson's Foundation
The Parkinson's Foundation makes life better for people with Parkinson's disease by improving care and advancing research toward a cure. In everything we do, we build on the energy, experience and passion of our global Parkinson's community. Since 1957, the Parkinson's Foundation has invested more than $400 million in Parkinson's research and clinical care. Connect with us on Parkinson.org, Facebook, Twitter, Instagram or call (800) 4PD-INFO (473-4636).
About Parkinson's Disease
Affecting an estimated one million Americans and 10 million worldwide, Parkinson's disease is the second-most common neurodegenerative disease after Alzheimer's and is the 14th-leading cause of death in the U.S. It is associated with a progressive loss of motor control (e.g., shaking or tremor at rest and lack of facial expression), as well as non-motor symptoms (e.g., depression and anxiety). There is no cure for Parkinson's and 60,000 new cases are diagnosed each year in the U.S. alone.
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SOURCE Parkinson's Foundation | https://www.wibw.com/prnewswire/2022/05/03/parkinsons-foundation-announces-major-expansion-pd-generation-study-increasing-access-genetic-testing-counseling-across-us/ | 2022-05-03T14:57:34Z |
Competition launched to name planets, stars discovered by James Webb telescope
(CNN) - There’s a contest now open to name new planets discovered by the James Webb Space Telescope.
The telescope is making amazing discoveries every day, and each planet and host star needs to be named.
The organization in charge of naming celestial objects, the International Astronomical Union, launched the global NameExoworlds 2022 Competition.
An exoworld is considered to be any planet outside our solar system.
The competition does have its rules: you can’t name an exoworld after yourself, your pet, or give it religious or military significance.
The public can submit their names through Nov. 11. Entries can be submitted through this form.
An international committee will review the submissions and announce the winners next March.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/20/competition-launched-name-planets-stars-discovered-by-james-webb-telescope/ | 2022-08-20T15:22:45Z |
Shur brings deep healthcare industry expertise, strategic innovation and technology leadership to new position with healthcare navigation's market leader
DUBLIN, Ohio, July 13, 2022 /PRNewswire/ -- Quantum Health, the industry leading healthcare navigation and care coordination company, announced today that Dan Shur is joining its leadership team as chief product officer. In his new role, Shur will lead product innovation, strategy and development.
"Helping consumers effectively navigate through the increasingly complex healthcare landscape is more essential than ever," said Shannon Skaggs, president of Quantum Health. "Dan shares this mission and brings extensive healthcare and technology experience, as well as a deep understanding of the ever-changing healthcare ecosystem. He also understands our key stakeholders — from consumers to providers to payers and benefit plan sponsors — and what they need to feel supported and succeed. We are thrilled to welcome Dan to Quantum Health as we continue to expand and enhance our navigation and care coordination solutions to meet the needs of our growing market."
Shur has over 25 years' experience creating and building innovative technology strategies and solutions for organizations across the healthcare landscape. Prior to joining Quantum Health, he led product strategy and development for multiple companies within GuideWell Venture Group. Before GuideWell, he led innovation and growth at two healthtech organizations, Cloudbreak Health (telemedicine) and Progyny (fertility benefits). Earlier in his career, Shur also led multiple product strategy and development initiatives at EmblemHealth and Cigna.
"I empathize deeply with people struggling to get care and I strive to make their experience better. To that end, I am always looking for ways to make healthcare more accessible, efficient and human," said Shur. "Quantum Health is the respected leader in an area I am passionate about. I am proud to join the Quantum Health team as we help our stakeholders achieve the best experience and results, while continuing to transform the healthcare experience and break new ground in health benefits navigation."
Shur holds a Bachelor of Arts degree from Cornell University and a Master of Business Administration from Cornell's Samuel Curtis Johnson Graduate School of Management, including a prestigious Park Leadership fellowship.
Quantum Health is the industry-leading consumer healthcare navigation and care coordination company that delivers an unparalleled consumer experience to its members, as well as validated claims savings and high satisfaction rates for its self-insured employer clients. Quantum Health's proprietary Real-Time Intercept® model identifies opportunities for early intervention in a member's healthcare journey, resulting in better engagement, outcomes and cost efficiencies.
The company was founded in 1999 and is based in Dublin, Ohio. Since its inception, Quantum Health has earned numerous awards and honors, including the Fastest-Growing Private Companies by Inc. 5000, the MedTech Breakthrough Award for technology innovation, the Gold Stevie for Front-Line Customer Service Team of the Year and a Great Place to Work by FORTUNE Magazine and Entrepreneur Magazine. The Women Presidents' Organization has ranked Quantum Health as one of the 50 Fastest-Growing Women-Owned/Led Companies, and Columbus Business First has honored Quantum Health as a Best Place to Work.
To learn more about the company, visit quantum-health.com, and connect with us on LinkedIn and Twitter.
Media Contact:
Susan Simkins
Quantum Health, Corporate Communications
Susan.Simkins@quantum-health.com
800-257-2038 x 13494
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SOURCE Quantum Health | https://www.mysuncoast.com/prnewswire/2022/07/13/quantum-health-names-dan-shur-chief-product-officer/ | 2022-07-13T20:41:38Z |
Marlisa Bailey, left, and Daniel Fleuren were recognized during a Monday Dougherty County Commission meeting during which a proclamation making September “Recovery Month” in the county was read. Bailey and Fleuren are featured on billboards as part of the Georgia Recovers program this year.
Dougherty Commission Chairman Chris Cohilas, right, reads a proclamation with representatives from Aspire Behavioral Health & Developmental Disabilities Services during a Monday meeting.
Dougherty County paramedics are having to give larger doses of Narcan, a medication that can revive opioid overdose patients, due to severity of cases.
Marlisa Bailey, left, and Daniel Fleuren were recognized during a Monday Dougherty County Commission meeting during which a proclamation making September “Recovery Month” in the county was read. Bailey and Fleuren are featured on billboards as part of the Georgia Recovers program this year.
Dougherty Commission Chairman Chris Cohilas, right, reads a proclamation with representatives from Aspire Behavioral Health & Developmental Disabilities Services during a Monday meeting.
Dougherty County paramedics are having to give larger doses of Narcan, a medication that can revive opioid overdose patients, due to severity of cases.
ALBANY — “South Park’s” Mr. Mackey was right, and nowhere is his mantra “Drugs are bad, mkay?” more on the nose than when it comes to opioids, which claimed the lives of nearly 40 people in Dougherty County last year.
While the stereotypical heroin user may be someone living on the street, the phenomenon is not a respecter of race, class or income, according to Sam Allen, Dougherty County’s Emergency Services director. The one common factor may be age — most overdose patients are between the ages of mid-20s to mid- to late-50s.
Allen said he and county Coroner Michael McCoy pinpointed the time at which overdose numbers became noticeably worse at about five years ago. In recent years, he has related the sheer volume of the problem, telling of single 12-hour shifts on which paramedics answer many such calls, as many as eight on one occasion.
“We really noticed, the coroner and I noticed, our spike in 2017,” he said. “The summer of 2017 is when we really started seeing an increase. Since 2017, we have not seen a decrease. Every year it’s been a substantial increase in volume.”
On Monday, the Dougherty County Commission declared September to be “Recovery Month” in the county, with Commission Chairman Chris Cohilas presenting a proclamation to representatives from Aspire Behavioral Health & Developmental Disability Services and its employees from the Change Center.
Two employees at the Change Center, a substance abuse recovery center located in downtown Albany, also were recognized. Marlisa Bailey and Daniel Fleuren were selected this year to be faces of recovery in the Georgia Recovers billboard campaign. Center Director Kathryn Newcomb was selected for the program last year.
Seeking help is key, Allen said, and EMS personnel recommend treatment to patients in overdose cases.
Paramedics deal with cases of prescription opioid and heroin overdose, but the much more powerful fentanyl is super deadly, the EMS director said.
“The increased severity of the overdoses is what we’ve seen,” he said. “The strength of what they’re taking is stronger than what they were taking a year ago. You don’t realize when you put that stuff in your body how strong it is. Fentanyl stops breathing.”
In some cases, when EMS personnel arrive they find that someone on the scene already has administered Narcan, a brand name for the overdose-reversing substance Naloxone, but still have to give the unresponsive patient more. That could total as much as 16 milligrams for some patients, and in those cases the victim is lucky to be brought back.
“That is a substantial amount,” Allen said. “On the average person, two or four milligrams is an average we issue.”
And paramedics commonly see the same patients on multiple occasions.
“We may get them back (stabilized) two or three different times, and the fourth time we may not get them back,” Allen said. “It is really, really deadly dangerous.”
So far in 2022, there have been 29 overdose deaths in Dougherty County, Fowler said, roughly on pace with the 38 of last year. Several cases in which an overdose is the suspected cause are still pending, with the coroner awaiting toxicology results from the Georgia Bureau of Investigation.
“Every year is getting worse and worse,” he said.
Fowler said he did not know what led to the sharp increase in deaths in 2017 and subsequent years. But 2017 was the year that a lengthy decline in U.S. life expectancy began, with that pace accelerating due to the one million COVID-19 deaths and a boost in use of opioids and other drugs during the pandemic. Opioids have been identified as a large factor in the decline in longevity in the country.
“It’s really important for family members to reach out to Aspire,” Allen said. “I know it’s very difficult. If we can get them to Aspire and get them off the street drugs, it just really makes you feel good to save a life.”
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SINGAPORE, Aug. 16, 2022 /PRNewswire/ -- MoonXBT, the innovative crypto social trading platform, has reached a statistical milestone with its Android application in Google Play Store surpassing 100k downloads early in August. Before this, MoonXBT also passed the code audit of its website by leading blockchain security company Certik.
In the meantime, other numbers of MoonXBT are reaching new highs as well. The daily active users of MoonXBT has exceeded 6 thousand among which more than 2 thousand are daily active traders. The total daily trading volume of all users on average of MoonXBT has reached over 200 million USDT. The users of MoonXBT covers a wide range of countries and regions across the world with main end users coming from Southeastern Asia - mainly Vietnam, Indonesia, and Malaysia, Turkey, Latin America, and Russia.
According to the platform, reaching these numbers is no easy job in a market like this considering many crypto exchanges have undergone trading volume shrinks and even lay-offs.
MoonXBT attributes its growth in application downloads, users and trading volume to multidimensional factors among which four major ones are: the long tail effect of the MoonXBT copy trading function, the continuous innovation of the platform's trading products, the timely user favourable policy for spot market and the strong support from community partners in core markets.
As a social trading platform, one of MoonXBT's flagship functions is copy trading which allows normal traders to follow the professional traders' trading strategy and have their orders placed and executed automatically in sync with the traders they follow. This saves time and increases the win rate for normal and moreover rookie traders especially in the volatile market. For professional traders, they enjoy a 10% share of the profits made from their followers' orders. As more and more traders with insufficient trading experience follow the steps of traders of their liking, they come to MoonXBT and download its application so that they can copy trade the traders on the platform.
On top of the above, MoonXBT has demonstrated large innovation capacity with trading products as a young exchange. In just a little over a year's time span, MoonXBT has grown from a solely contract trading platform to one with all sorts of trading products including liquid contract, warrant options, spot market and OTC. Most recently, it launched the perpetual swap, a kind of derivative product which never expires. The continuous product innovation is also attracting new users with different risk preferences and trading needs and therefore has contributed to the numbers.
In addition, to cater to the demands of users and lesson the burgers of the traders, MoonXBT is also one of the first few exchanges to implement zero fee policy for multiple trading pairs and later stable trading pairs. The timely policy also helped the platform to win over the users and boosted the MoonXBT application downloads.
Besides all the listed, one of the core reasons for MoonXBT's milestone achievement is the strong support from the communities especially the working partners from core markets. The major market of MoonXBT now is Southeast Asia in which MoonXBT already has local teams in three countries including Vietnam, Indonesia and Malaysia. MoonXBT is even one of the top three crypto exchanges in Vietnam. The platform has partnerships with various communities and influencers in the region and is actively exploring more co-operations. The platform is also expanding partnerships in other parts of the world actively.
The Google Play downloads breakthrough along with other growing numbers shows how effective the local communities are in facilitating the platform's growth which in turn bring benefits to the supporting communities. It is also a good testament of MoonXBT's multidimensional development.
For more details, please visit www.moonxbt.com
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SOURCE MoonXBT | https://www.mysuncoast.com/prnewswire/2022/08/16/moonxbt-app-surpasses-100k-google-play-downloads-with-other-numbers-reaching-new-high/ | 2022-08-16T10:24:12Z |
Georgia’s history is fraught with violence against black women. Deriving from the painful origins of slavery, where black women were forced into pregnancy and childbirth by their enslavers, we find ourselves in an eerily familiar landscape where women are denied the autonomy to choose whether or when to birth babies.
In 2019, Georgia lawmakers passed an anti-abortion law that was ruled unconstitutional. On the heels of the Supreme Court’s ruling to overturn Roe v. Wade, the 11th U.S. Circuit Court of Appeals decided Georgia’s law, House Bill 481, is allowable. Most abortions are now illegal in Georgia after six weeks. Banning abortion perpetuates violence, impinges self-determination and economic opportunities for women and childbearing people, and worsens outcomes for black women and children.
Georgia is home to more than 2.5 million women of childbearing age, a significant portion of whom (879,200) are black women. Black women in Georgia are three times more likely to die from complications of pregnancy and childbirth, and Georgia has one of the highest rates of maternal mortality in this country. Outside of pregnancy-related causes like hemorrhage or infection, homicide is the third leading cause of pregnancy-associated death among women during and after pregnancy in Georgia. Georgia’s ban will likely lead to more violence and death.
While some may point to the establishment of fetal “personhood” in HB 481 as an economic benefit now that pregnant people can list a fetus as a dependent on state taxes and file for child support, these tax breaks will have little measurable impact for families in comparison to the damage forced pregnancy may cause to people’s lives and economic prospects.
One in five black working-age women in Georgia lives in poverty. Historically, as access to economic opportunities like property ownership, bank accounts, and higher education were afforded to white women, it took decades for those same rights to reach black women. Today, racism and bias in employment and hiring, occupational segregation, and other structural barriers persist to limit economic advancement for black women. As a result, black women are paid just 63 cents for every dollar paid to men for doing the same work.
Historical and present-day policies in Georgia have punished black women and single mothers by restricting cash assistance based on family structure or a family’s reproductive decisions. In 1951, Gov. Herman Talmadge signed a law that would deny grants to “more than one illegitimate child of a mother.” Fortunately, the federal government pushed back on this policy. Yet, the state developed “suitable home policies” to prevent unwed mothers from accessing cash aid, with the intent of preventing access to support for black mothers.
Today, Georgia has one of the lowest Temporary Assistance for Needy Families (TANF) monthly benefit amounts in the country — $280 for a family of three, which is woefully insufficient. Racist narratives from the late 20th century like the black welfare queen trope were used to justify the establishment of family caps and work reporting requirements, severely limiting economic support for black mothers. Georgia’s abortion ban and safety net policies are hostile to parents and families.
Nearly 80% of black mothers are primary breadwinners for Georgia families, and raising a child is expensive. In fact, according to the United States Department of Agriculture, it costs roughly $10,000 to $20,000 annually (or about $233,610 from birth to age 17) to raise a child in this country. Forcing black women and birthing people into parenthood, as they navigate structural inequities and face the high cost of child rearing with limited economic support, threatens their economic stability and opportunities.
Georgia’s lawmakers must do better to protect the well-being of women and birthing people in our state — especially black women. They can start by fully expanding Medicaid, which would provide access to health insurance for an estimated 490,000 Georgians, 36% of whom are black. While access to health coverage is not a substitute for abortion care and will not address the lack of abortion access in our state, it can help to ensure that people have access to medical care, contraception, and prenatal and postpartum care. Georgia lawmakers should also reform TANF and explore alternatives such as guaranteed income to ensure families can meet their needs.
Black women have been devalued and exploited for too long. Not only should women and birthing people have the right to bodily autonomy, but to self-determination and economic opportunity. There is no economic justice without reproductive justice.
Dominique Derbigny Sims is senior vice president at the Georgia Budget & Policy Institute.
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PITTSBURGH, July 25, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the Jefferies Industrials Conference.
Details of the conference are as follows:
About Kennametal
With over 80 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,600 employees are helping customers in more than 60 countries stay competitive. Kennametal generated $1.8 billion in revenues in fiscal 2021. Learn more at www.kennametal.com. Follow @Kennametal: Twitter, Instagram, Facebook, LinkedIn and YouTube##
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SOURCE Kennametal Inc. | https://www.kxii.com/prnewswire/2022/07/25/kennametal-attend-jefferies-industrials-conference/ | 2022-07-25T17:37:24Z |
DENTON, Texas, July 28, 2022 /PRNewswire/ -- Cosmo Prof, the largest distributor of professional salon products, is focused on connecting with stylists to meet their ever-changing needs. Every artist needs an ally, and Cosmo Prof is here to be that partner.
The Salon distributor is expanding its Artistic Team, a group of professional stylists with extensive industry expertise across diverse specialties. The roster has grown to include next-gen professionals focusing on critical areas that beauty schools and salons may not cover, such as business management and textured hair education. Meet the Cosmo Prof Artistic Team:
- Keon Washington (@keonthebarber) is a master barber who specializes in cuts, fades, intricate designs, and men's grooming. With five years under his belt, he is the longest-standing member of the Artistic Team. Keon owns Wavelengths Barbershop in Greenville, South Carolina, and is well known as an international educator. He has a fun and playful attitude while encouraging stylists to push boundaries and harness the power of creative freedom. Keon works with top brands such as Olaplex, Kenchii, and Reuzel.
- Presley Poe (@presleypoe) has been a member of the Artistic Team for three years and is passionate about sharing their knowledge with the stylist community. As a multi-specialist, they focus on hair cutting and creative coloring (including high-intensity vivids), emphasizing textured hair. In addition to being an international educator, Presley is the owner of Gold Studios, an inclusive salon specializing in all spectrums of hair, from curly to vivids. Presley has been recognized as a Behind the Chair One Shot Winner, and their work has been featured everywhere from Modern Salon to Estetica Magazine.
- Jon Carlos De La Cruz (@joncarlosdelacruz) has been sharing his talent on the Artistic Team for three years. Specializing in color, cutting, and style transformations, he is an expert educator in the arena of textured hair. Jon Carlos is a third-generation Latino hair artist with a celebrity clientele based in Hollywood. He believes hair is a form of self-expression and that confidence is key. His work has been featured in Beauty LaunchPad and Modern Salon, among other media outlets.
- Kristen Lumiere (@kristen.lumiere) is a new member of the Artistic Team. She is a hair educator, beauty business coach, and the owner of The Lumiere House, located just outside of Austin, Texas. Kristen is an inspiring international educator who has been recognized as a Modern Salon Top 100 Artist, Beauty LaunchPad 30 Under 30 Colorist, and a seven-time Behind the Chair One Shot Nominee. Motivated by her passion for sharing social media and business management tips with fellow stylists, Kristen created a Million Dollar Course and other online resources.
- Brenda Espinosa (@brendacurlstylist) is a curly hair expert, brow artist, Poppin Curls & Beauty Bar owner, and another new member of the Artistic Team. Her expertise is fueled by her desire to help clients embrace and love their curls and coils. Based in Port St. Lucie, Florida, Brenda provides a step-by-step approach to education for natural curls. Her inspiring work has been featured in professional stylist publications like Behind the Chair and she has been named a Top 100 One Shot Nominee.
"We are seeing stylists look to digital channels for access to information of all kinds," said Carolyne Guss, Group Vice President of Marketing, Sally Beauty Holdings. "As a result of closures and pivots stylists had to make during the pandemic, they realized the importance of setting a multifaceted foundation for their business and career, but there are many educational gaps. We want to be the bridge, so stylists understand the essentials of managing a business and have the necessary textured hair skills to serve the world's fastest-growing hair market."
Cosmo Prof has a long history of providing stylists with education through events, shows, continued education classes, and more. With help from the Artistic Team, Cosmo Prof is presenting the information stylists need to stay relevant through easy-to-digest content on digital platforms. The 2022 Artistic Team will support fellow professionals by participating in educational shows and special events, teaching digital classes, and sharing their knowledge through content and expert commentary. To learn more about Cosmo Prof, visit https://www.cosmoprofbeauty.com/.
About Sally Beauty Holdings, Inc.
Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty Supply and Beauty Systems Group businesses. Sally Beauty Supply stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Generic Value Products®, Beyond the Zone® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, Conair® and L'Oreal®. Beauty Systems Group stores, branded as CosmoProf® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 10,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico® and Olaplex®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit https://www.sallybeautyholdings.com/.
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SOURCE Cosmo Prof | https://www.mysuncoast.com/prnewswire/2022/07/28/cosmo-prof-expands-artistic-team-further-meet-needs-stylists/ | 2022-07-28T14:10:14Z |
LANSING, Mich. (AP) — A judge blocked enforcement of a 1931 Michigan ban on abortion Monday, just hours after the state Court of Appeals said county prosecutors were not covered by a May order and could enforce the prohibition following the fall of Roe v. Wade.
Oakland County Judge Jacob Cunningham stepped in at the request of attorneys representing Gov. Gretchen Whitmer, a Democrat who favors abortion rights.
Cunningham issued a restraining order against prosecutors in counties with abortion providers and scheduled a hearing for Wednesday.
“The legal fight in Michigan continues and this temporary restraining order ensures prosecutors cannot target women or providers in the short term,” said Attorney General Dana Nessel, a Democrat who won’t defend the 1931 law, which makes it a crime to perform abortions unless the life of the mother is in danger.
Cunningham’s decision came at the end of a remarkable day for both sides of the issue.
In May, weeks before the U.S. Supreme Court threw out its landmark 1973 decision legalizing abortion, Judge Elizabeth Gleicher said Michigan’s dormant ban was likely unconstitutional. She signed an injunction, which meant abortion has remained legal even after the Supreme Court decision.
But on Monday, the appeals court said Gleicher’s injunction applied only to the attorney general’s office, not county prosecutors who handle most crimes.
Republican prosecutors in Kent and Jackson counties said they planned to enforce the abortion ban, meaning that providers could get charged with a felony.
“If a report is presented to this office, we will review it like we do any other report of possible criminal behavior,” Kent County prosecutor Christopher Becker said earlier in the day. “We will make the decision to charge, or not to charge, based on the facts presented in the report and the applicable Michigan law.”
Kent County includes Grand Rapids, the state’s second-largest city.
Meanwhile, seven Democratic prosecutors, including Kym Worthy and Karen McDonald in the Detroit area, have said they will not enforce the 1931 law.
Planned Parenthood of Michigan said it will continue providing abortions.
Total or near total abortion bans are already in effect in the nearby states of Indiana, Ohio and Wisconsin, with bans expected in roughly half the states.
Earlier this month, abortion rights activists submitted signatures to bring a constitutional amendment before Michigan voters in November that would affirm the right to make pregnancy-related decisions without interference, including abortion and reproductive services such as birth control.
If the amendment passes, it would supersede the 1931 law.
___
Joey Cappelletti is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. | https://cw33.com/health/ap-health/michigan-court-county-prosecutors-can-enforce-abortion-ban/ | 2022-08-01T23:17:31Z |
For every box of Shaklee's Meology™ Kids sold, a child in need receives life-changing nutritional support, through Shaklee's partnership with Vitamin Angels
PLEASANTON, Calif., Aug. 18, 2022 /PRNewswire/ -- Shaklee, a leading wellness company, announces today it has reached more than 133,000 at-risk children through its partnership with Vitamin Angels. With every Meology Kids all-in-one vitamin gummy pack sold, Shaklee provides essential nutrients and access to nutritional health to children in at-risk communities throughout the world. In addition to the impact of the Meology Kids purchases either online or via one of Shaklee's more than 2 million ambassadors, the organization provides its online shoppers the opportunity to round-up their cart at checkout to support children with this vital nutrition.
"With food prices soaring, undernourishment is a growing, often overlooked issue in the U.S.," said Roger Barnett, Chairman and CEO, Shaklee Corporation. "Our work with Vitamin Angels helps to ensure children get the nutrients they would otherwise be missing in their diet, all of which are vital to healthy growth and development."
The Shaklee-Vitamin Angels Partnership is a key pillar of Shaklee Cares, a foundation that furthers the company's mission to bring true wellness to the world by investing in nutritional and environmental health for the next generation. Since its formation in 1992, Shaklee Cares has:
- Reached more than 133,000 children with essential nutrients
- Helped 150,000 families in need during times of natural disasters
- Donated more than $3 million in Shaklee products
- Provided $650,000+ in family grants
Since Shaklee's inception more than 65 years ago, the vitamin and nutrition company has quietly led the way in support of make a positive impact on the world. To learn more about Shaklee and its charitable initiatives, visit: https://us.shaklee.com/shakleecares.
About Shaklee
Shaklee is a leading wellness company founded by Dr. Shaklee, who invented the first multivitamin in the U.S. more than 100 years ago. As a pioneer in sustainability, Shaklee was the first company in the world to fully offset its carbon emissions and have a net zero impact on our planet. Shaklee products are backed by over 110 published clinical studies proving safety and efficacy and are marketed through more than 2 million micro-influencers in North America and Asia. With a complete wellness portfolio, Shaklee is committed to providing consumers with the products and support they need to live their healthiest lives. For more information, visit us.shaklee.com, follow @shakleehq on Instagram, or like us on Facebook.
About Roger Barnett
Roger Barnett is the Chairman and CEO of Shaklee Corporation, the first company in the world to become certified carbon neutral. A graduate of Yale College, Yale Law School, and Harvard Business School, Roger has spent the majority of his career as an impact investor. In 2004, he acquired control of Shaklee, the pioneer of nutritional supplements, and has since transformed this once analog business into a digital powerhouse with a network of 2 million ambassadors across the globe. He has been selected as a Global Leader for Tomorrow by the World Economic Forum and is a member of the Harvard and Yale Schools of Public Health Leadership Councils, the University Council of Yale University, and the Yale University President's Council on International Activities.
About Vitamin Angels
Vitamin Angels is a global public health nutrition organization that provides evidence-based nutrition interventions to underserved pregnant women and children under five in the U.S. and around the world. In 2020, Vitamin Angels reached 60 million women and children in 65 countries, including the U.S. Both Charity Navigator and GuideStar give Vitamin Angels their highest marks for financial transparency. To learn more, visit www.vitaminangels.org.
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SOURCE Shaklee Corporation | https://www.kxii.com/prnewswire/2022/08/18/shaklee-vitamin-angels-reach-milestone-133000-underserved-children-provided-with-essential-nutrients/ | 2022-08-18T22:29:59Z |
Technical Product Documentation (TPD) - General Requirements of Mechanical Product Digital Manuals developed under the leadership of XCMG celebrates its third anniversary
XUZHOU, China, July 14, 2022 /PRNewswire/ -- The international standard ISO 21600 Technical Product Documentation (TPD) - General Requirements of Mechanical Product Digital Manuals ("the Standard"), developed under the aegis of XCMG (SHE:000425), global top three construction machinery manufacturer, has been serving as a guideline for everything and anything mechanical for over three years, generates over billions of yuan in indirect economic benefits annually. The world's first international standard on digital documentation for mechanical products has seen application in the R&D, operation and maintenance of a variety of equipment now in use throughout the construction machinery, aerospace, high-speed railway and military sectors.
With the Standard, production efficiency of equipment made following the guidelines of related manuals has been improved by over 300% while the quality of such manuals has been significantly improved, creating tens of millions of yuan in direct economic benefits annually. The set of requirements, once released, has been adopted by the United Kingdom, the Netherlands and several other countries as a national standard, as well as by the EU as the standard basis for digital document requirements and is expected to be included in the EU Machinery Directive in the near future.
"The Standard, for the first time worldwide, stipulates the process and method of developing digital manuals as well as the expression and transformation methods of three-dimensional information while integrating several data requirements, including data elements and modules, providing a set of systematic solutions for the development of global digital manuals," said Wang Min, Chairman and CEO of XCMG. "The solutions are available for the application and implementation of digital manuals throughout the life cycle of mechanical products."
As part of the development process, the project team coordinated the relationship between the Standard and ISO/IEC 82079 by applying to join the JWG16 working group with the intent of establishing and defining the boundary and reference relation between both standards. Joining GWG 16 facilitated the team's contacting relevant experts and answering their questions one by one through meetings and emails in order to get their support for the Standard.
At the same time, a number of notable international experts in the field of digital research were invited by XCMG to participate in specialized technical discussions on the Standard. Following unanimous recognition by experts from various countries around the world, the Standard was successfully developed and released as planned.
The Standard was derived from three key technologies: the 3D model-based service information expression technology that enables 3D visualization of the content in digital manuals; the heterogeneous system integration technology that allows for unique linking between each product and the corresponding electronic files; the electronic template mapping technology that enables one-time production and repeated use. The Standard has also significantly improved the guidance for the engineering application of digital manuals by providing a standardized method and path for the development, application and management of such manuals.
The project team has obtained three national invention patents, registered 10 software copyrights and published two papers on extended intelligence (EI) through research into the technologies used by the Standard.
As of June 2022, XCMG had formulated and released five national standards as well as 241 national and industry standards thanks to its long-term commitment to building digital and information technology capabilities alongside its competence in digital management control.
For more information, please visit XCMG.
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SOURCE XCMG | https://www.wibw.com/prnewswire/2022/07/14/world-first-international-standard-digital-documentation-mechanical-products-generates-tens-millions-dollars-direct-indirect-economic-benefits-annually/ | 2022-07-14T11:35:03Z |
CHICAGO, July 25, 2022 /PRNewswire/ -- The American Board of Medical Specialties (ABMS), the leading not-for-profit organization overseeing specialty board certification in the United States, is pleased to announce the election of new members to the Board of Directors, as well as to the Executive Committee, at the ABMS Board of Directors meeting held in late June.
"To ensure ABMS Member Board certification continues to be a trusted indicator of professionalism and proficiency in specialty knowledge and skills, ABMS relies on the expertise and dedication of our exceptional volunteer leaders," stated Richard E. Hawkins, MD, ABMS President and Chief Executive Officer. "These individuals, representing the spectrum of specialty medicine, contribute countless hours to ensure that ABMS board certification delivers real value to the public and the profession."
Elected to serve on the ABMS Board of Directors:
- Michael L. Carius, MD (Chair) – American Board of Emergency Medicine (ABEM)
- Rebecca L. Johnson, MD (Chair-Elect) – American Board of Pathology (ABPath)
- Susan M. Ramin, MD (Secretary-Treasurer) – American Board of Obstetrics and Gynecology (ABOG)
- Larry A. Green, MD (Immediate Past Chair) – America Board of Family Medicine (ABFM)
- Donald J. Palmisano Jr., JD, CAE – Public Member (Chief Executive Officer, American Society for Gastrointestinal Endoscopy)
- Thomas E. Read, MD – American Board of Colon and Rectal Surgery (ABCRS)
Elected to serve on the ABMS Board of Directors Executive Committee:
- Michael L. Carius, MD (Chair) – ABEM
- Rebecca L. Johnson, MD (Chair-Elect) – ABPath
- Susan M. Ramin, MD (Secretary-Treasurer) – ABOG
- Larry A. Green, MD (Immediate Past Chair) – ABFM
- Keith E. Brandt, MD – American Board of Plastic Surgery (ABPS)
- Tara Montgomery, MS – Public Member (Founder and Principal, Civic Health Partners)
- Michael R. Nelson, MD, PhD – American Board of Allergy and Immunology (ABAI)
Established in 1933, the American Board of Medical Specialties (ABMS) is responsible for the creation of standards overseeing physician certification in the United States. Dedicated to improving the quality of care to the patients, families and communities they serve, the 24 ABMS Member Boards develop educational and professional standards and programs of assessment to certify physicians and medical specialists. More than 940,000 physicians and medical specialists are certified by one or more of the ABMS Member Boards in one or more of 40 specialties and 88 subspecialties. For more information about ABMS, visit abms.org or call (312) 436-2600. Top of Form
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SOURCE American Board of Medical Specialties | https://www.kxii.com/prnewswire/2022/07/25/abms-announces-new-board-directors-executive-committee-members/ | 2022-07-25T16:04:15Z |
(The Hill) – Chris Stirewalt, a former political editor at Fox News, said that a U.S. senator wanted him fired after the network made the decision to call Arizona for President Biden on election night in 2020.
“I never said that’s why they fired me. A lot of people said that’s why they fired me. I don’t care, they don’t owe me a job. Fox News doesn’t owe me a job. That’s OK. I had a great time at the network, I’m proud of all the work I did, I’m proud of the work that I did with other people. The news division of Fox was great when I was there,” Stirewalt said during an appearance on CNN this week.
The former top editor at Fox said he did not make the call himself but was rather “part of a decision desk team that made a call.”
“Lordy day, did people get very angry about that,” he continued. “I had one U.S. senator call for my firing and say we were engaged in a cover-up. I thought, ‘Are there ballots under the table that I haven’t looked at? What are you talking about?’”
Stirewalt was apparently referencing comments made by Sen. Kevin Cramer (R-N.D.) just days after the election saying he and other “knuckleheads” at the network should be fired.
The Arizona race call, which was made first by Fox, infuriated former President Trump and his allies on the night of the election.
Biden won the state with the help of Maricopa County, a highly populated area that includes Phoenix. Since the election, Arizona has also been the subject of controversy after various members of the GOP have called for election recounts.
Stirewalt was later laid off by the network in what it said was a post-election restructuring.
“As we conclude the 2020 election cycle, Fox News Digital has realigned its business and reporting structure to meet the demands of this new era,” Fox said at the time. “We are confident these changes will ensure the platform continues to deliver breakthrough reporting and insightful analysis surrounding major issues, both stateside and abroad.”
Earlier this year, Stirewalt was hired by startup cable channel NewsNation, which is owned by The Hill’s parent company, Nexstar Media, to serve as its top political editor.
He also testified before the select committee investigating the Jan. 6, 2021, attack on the U.S. Capitol and is currently promoting a new book about his life and career in politics and media. | https://cw33.com/hill-politics/former-fox-editor-chris-stirewalt-senator-pressed-for-my-firing-after-arizona-election-call/ | 2022-08-25T19:43:44Z |
SEOUL, South Korea, June 9, 2022 /PRNewswire/ -- Key Foundry, the only pure-play foundry in Korea, announced today that it will release a 0.18-micron 30V NON-EPI (Epitaxy) BCD (Bipolar-CMOS-DMOS) process for low power PMICs.
This new 0.18-micron 30V NON-EPI BCD process of Key Foundry shows the same level of performance compared to the existing EPI BCD process even without EPI layer. This new process is suitable for power semiconductors, which require higher voltage ratings, higher reliability and higher efficiency compared to ordinary semiconductors. It can be used in the production of low power PMICs such as DC-DC ICs and charger ICs for smartphones and smartwatches.
This new process maintains the same Rsp (Specific On-resistance) with the existing 0.18-micron EPI BCD process that are currently used for mass production. Key Foundry will support various power semiconductor devices in the range of 5V to 30V. As this new 0.18-micron 30V NON-EPI BCD process requires no EPI process, the process efficiency is improved, and it supports efficient designs by offering 5V LDMOS transistors for 5V power blocks. Furthermore, as the logic device of this new 0.18-micron 30V NON-EPI BCD process retains comparable characteristics of the logic device of EPI BCD process, this new 0.18 micron 30V NON-EPI BCD process is compatible with digital libraries and IP of the existing process that are currently used for mass production. In order to promote users' convenience, the new process also provides MTP (Multi-time Programmable) and OTP (One-time Programmable) IP without requiring any additional process steps. With these merits, this 0.18-micron 30V NON-EPI BCD process is suitable for diverse types of applications such as power semiconductors, which a memory function is required for.
From the earliest stage of the process development, Key Foundry communicated closely with power semiconductor fabless customers to reflect what the market demands. With the user-friendly layout options and design kits which this new process provides to strengthen the users' convenience, the customer is able to achieve a streamlined process and higher-performing products compared to the existing products. This new 0.18-micron 30V NON-EPI BCD process satisfies Grade-1 requirements of the AEC-Q100, the international reliability specifications of ICs in automotive applications, and can be used not only for mobiles but also for automotive power semiconductors such as motor driver ICs and DC-DC ICs.
"As the power semiconductor market is growing rapidly, the demand for highly reliable but more streamlined BCD processes is increasing," said Dr. Tae Jong Lee, CEO of Key Foundry. "We will continuously improve our process technologies to offer the most optimized BCD processes that satisfy the needs of power semiconductor designers."
About Key Foundry
Headquartered in Korea, Key Foundry provides specialty Analog and Mixed-Signal foundry services for semiconductor companies to serve a wide range of applications in the consumer, communications, computing, automotive and industrial industries. With a broad range of technology portfolio and process nodes, Key Foundry has the flexibility and capability to meet the ever-evolving needs of semiconductor companies across the globe. Please visit https://www.key-foundry.com for more information.
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SOURCE Key Foundry | https://www.mysuncoast.com/prnewswire/2022/06/09/key-foundry-releases-018-micron-non-epi-bcd-process-low-power-pmics/ | 2022-06-09T12:46:01Z |
SUGAR LAND, Texas, Aug. 1, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today announced the appointment of Ian Macpherson as Vice President, Investor Relations effective August 1, 2022.
Prior to joining Noble, Mr. Macpherson served 18 years at Piper Sandler and its predecessor firm, Simmons Energy, as lead analyst for the global oil field services sector, including the offshore drilling industry. Ian holds a BS from Georgetown University and an MBA from Tulane University.
"We are excited to welcome Ian to the Noble team," said Robert Eifler, President and Chief Executive Officer of Noble Corporation. "His industry knowledge and unique connection to the investment community will be invaluable as we embark on the next chapter of Noble's story."
About Noble Corporation
Noble is a leading offshore drilling contractor for the oil and gas industry. The Company owns and operates one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry. Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921. Noble performs, through its subsidiaries, contract drilling services with a fleet of offshore drilling units focused largely on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide. Additional information on Noble is available at www.noblecorp.com.
For additional information, visit www.noblecorp.com or email investors@noblecorp.com
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SOURCE Noble Corporation | https://www.wibw.com/prnewswire/2022/08/01/noble-corporation-announces-new-vice-president-investor-relations/ | 2022-08-01T23:57:44Z |
A third Black woman has been arrested and charged for making "anti-White" statements in connection with the beating of a White woman in New York, according to Queens District Attorney Melinda Katz.
Jahnaiya Williams, 19, was charged with assault as a hate crime and faces other charges, a news release from Katz's office said. Williams was arraigned Monday in Queens and is expected to appear in court Friday.
She faces between three and a half to 15 years in prison if convicted, the release said. CNN has reached out to Williams' attorney for comment and did not receive an immediate response.
Two other teenage girls -- who are also Black -- were charged and arrested last month, Katz said, one of whom is a juvenile being prosecuted in Family Court and the other is due to face court next week. The NYPD previously reported the two girls were 15 and 16 years old.
"As alleged, the defendant, as well as two other apprehended individuals, carried out an unprovoked assault on a public transit rider simply because of the victim's race," Katz said. "I am committed to holding accountable those who perpetuate bias-motivated attacks."
The incident occurred July 9 around 6:30 p.m. on a southbound MTA bus in Queens when Williams and the two girls approached the woman near the back of the bus, the release said. Katz claims Williams looked directly at the woman and said, "I hate White people."
Williams is also accused of saying she hates White people's skin. As the bus passed a cemetery, the release states Williams allegedly told the victim: "I am going to kill you, this is where I'm going to bury you." The DA also claims Williams removed a jar from her shopping bag and told the victim she would beat her with the object.
When the bus came to a stop, Williams and the two girls allegedly spat on the victim, the release said. Williams is then accused of hitting the victim repeatedly in the head with the shopping bag containing the jar. Williams and the two teenagers then allegedly punched the victim several times in the head before the trio fled the bus, according to the release.
The woman was taken to hospital and received three staples on the right side of her head for a deep laceration.
The charges against the girls come as hate crimes in New York were reported to have increased by 76%, as of April, compared to the same period last year, according to data from the NYPD's Hate Crimes Task Force.
As of June 28, there have been 35 hate crimes committed against Black people in the city, 51 against Asians, 149 against Jewish people and only one recorded against a White person, according to the NYPD Hate Crimes Dashboard.
It's a weekend for soul music under the stars and at the Girls' Night Out Event at the fairgrounds. You can also check out a play at Albany State University or join the battle against obesity in a 5k run. Click for more.
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racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
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each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/a-third-black-woman-has-been-charged-with-a-hate-crime-for-allegedly-making-anti/article_25f15c83-0663-5402-adde-bbfc9dabf90f.html | 2022-08-19T03:06:32Z |
AUSTIN, Texas, Aug. 11, 2022 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the second quarter ended June 30, 2022 on Monday, August 15, 2022 at 8:00 a.m. ET.
Management will host a conference call on Monday, August 15 at 8:30 a.m. ET to discuss the results. The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13732332.
We offer a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. We focus on owning the customer's "closet share" by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort.
Digital Brands Group, Inc. Company Contact
Hil Davis, CEO
Email: invest@digitalbrandsgroup.co
Phone: (800) 593-1047
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SOURCE Digital Brands Group, Inc. | https://www.kxii.com/prnewswire/2022/08/11/digital-brands-group-report-second-quarter-2022-financial-results-monday-august-15-2022/ | 2022-08-12T00:22:43Z |
GoFundMe for teen murder suspect shut down
OLYMPIA, Wash. (KIRO) - An online fundraiser for a Washington state teen facing murder charges is no longer active. Some say, despite the situation, it should not have been taken down.
Gabriel Davies, 16, mysteriously disappeared Wednesday night from Olympia, Washington. Blood was found in his abandoned truck. As the search went on, authorities found the body of a 51-year-old man, a man a relative of Davies once lived with. He had been fatally shot inside his home near Orting.
Davies reappeared Thursday night. His family asked for privacy.
Then, the next night, Davies and another 16-year-old boy from Thurston County were arrested and booked on suspicion of second-degree murder in connection to the 51-year-old man’s death.
“When the story first came out, of course I was worried that he was injured or something else had happened. And then when the other details came out, you know, obviously pretty shocking,” said Olympia resident Dave Geroux.
A GoFundMe was set up Saturday to raise money for Davies’ legal defense. It raised nearly $21,000 before it was taken down Sunday afternoon.
GoFundMe said the page violated its terms of service and that it doesn’t allow anyone to raise money for someone suspected of a violent crime. All donations to Davies’ defense will be refunded.
“Seemed like the kid was on the football team, heading down the right path, and next thing you know, he’s arrested for murder,” said Olympia resident John Robertson.
He thinks the GoFundMe for Davies should have been allowed to stay up.
“Innocent until proven guilty. It seems like you ought to have whatever means is necessary to defend yourself,” he said.
Davies and his alleged accomplice are expected to be in court Tuesday.
Copyright 2022 KIRO via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/09/06/gofundme-teen-murder-suspect-shut-down/ | 2022-09-06T06:48:03Z |
Some peoples’ pet peeve is people who want to tell you all about their pet peeves.
If you’re one of them, you might want to move on to something else, because I’m about to list mine. Well, at least as many of them as I can before I run out of space. Here goes:
♦ People who don’t properly separate their recyclables — or worse, don’t recycle at all. People who call and don’t bother leaving a message when you’re not around to answer the phone. Commercials with ringing doorbells that sound just like mine.
♦ License plates that aren’t positioned exactly in the center of the car. (That reminds me: People who don’t understand OCD.) Drivers that merge into the space in front of you when there isn’t enough room to do so safely. Drivers that don’t bother to use turn signals.
♦ Owners who tether their dogs in the back yard — and leave them there for hours. Having to explain things more than once (one of the reasons I don’t talk to many Bulldog fans).
♦ People who try to enter an elevator before the people inside have a chance to get out. Obese and out-of-shape football coaches who couldn’t run a wind sprint if their next meal depended on it. (Why are basketball and baseball coaches so much fitter?). Car manufacturers that can’t agree which side of the car the gas tank should be.
♦ Men out in public with their underwear on full display for the world to see. Companies with confusing and/or long-winded automated customer service platforms (are there any other kind?) when you call in with a problem.
♦ Air quotes. (I’m fairly certain I have never used them in my life. If you ever catch me using them, feel free to “kill me.”)
♦ Gossip. If it doesn’t directly affect me or my family, feel free to gossip in front of me because I don’t care, and I certainly won’t be paying attention.
♦ People who DON’T RETURN THEIR SHOPPING CARTS TO THE CORAL IN THE PARKING LOT WHERE SHOPPING CARTS ARE SUPPOSED TO BE RETURNED!
♦ Never meeting anyone with infinite wisdom. I don’t think they even exist. Everyone I know has finite wisdom.
♦ People who borrow things and don’t bother to return them. People who don’t say “thank you” when you do something nice for them.
♦ Sarcasm. (Just kidding.)
♦ Writers who go on about something just to reach a certain word count, again and again and again.
♦ Okra that isn’t fried. It’s the vegetable equivalent of a raw oyster.
♦ Littering. Seriously, if you were born after 1971, you shouldn’t even know what littering is because 1971 is when it was banned.
♦ People who don’t know that littering is a criminal offense. Or believe me when I tell them that it is. (I’ll give you a moment to check.)
♦ Undertakers should start tying the shoelaces of the deceased together. That way when the zombie apocalypse comes, it will be hilarious. This is a joke. The pet peeve is people who don’t watch “The Walking Dead,” because otherwise you would get it.
♦ The metric system, which is only used in this country by drug dealers and road races on Peachtree Street. For Americans traveling in Europe where the metric system is used exclusively, good luck figuring out how much you’re paying for gasoline when you’re buying it in liters and paying for it in European currency. (Maybe that’s what slide rules are for!)
♦ The hardest thing for me to say. No, it’s not “I’m sorry.” Nor “I was wrong.” It’s not even “I need help.” The hardest thing for me to say is “Worcestershire.” I don’t think I’m alone here.
♦ Shoppers who exceed the maximum number of items in the express checkout lane. Shoppers who wait until they’re asked to pay for their items before looking in their purse or wallet for their checkbook, coupons, or in some cases, exact change.
♦ Waiting for a table at a restaurant. Waiting for your number to be called at the driver’s license bureau. Waiting to board your plane that’s already so late that you’ll probably miss your connecting flight anyway.
♦ People who use too many words or take too much time to tell a story and/or get their point across. (When I think people have had enough time to finish and are still talking, my listening comprehension automatically — or maybe it’s instinctively — shuts off. Then I walk away. It’s a gift, really.)
♦ People who back into a parking space (as opposed to pulling in directly) when other people are waiting to find a space of their own. People who park diagonally across two (or more) parking spaces. People who text while driving — as well as any of the men in blue who don’t bother to enforce the law that says they can’t.
♦ Poor spelling. Especially when it’s so simple to correct. For instance, there’s Spellcheck, dictionaries, and third grade.
♦ Anything slower than it needs to be. Slow eaters. Slow talkers. Slow workers. Slow walkers — especially in the narrow aisles of the grocery store. Slow drivers — particularly on two-lane roads with a solid yellow line down the middle. Slow listeners. Slow-moving lines. Slow-moving traffic. Slow to get a joke.
I’m kidding. I don’t really have that many pet peeves. In fact, I only have one:
♦ People who can’t tell when I’m being sarcastic. | https://www.albanyherald.com/local/scott-ludwig-finding-a-loving-home-for-pet-peeves/article_5be12100-fe23-11ec-b9c5-df7c08ebc0bd.html | 2022-07-07T23:33:50Z |
A massive catapult-like device could soon sling satellites into space
By John Vennavally-Rao
Click here for updates on this story
April 22, 2022 (CTV Network) — NASA is testing a massive catapult-like device aimed at tossing small satellites into orbit. The U.S. space agency is teaming up with California-based company SpinLaunch, which is working on a spinning arm that can hurl payloads at incredible speeds into the upper atmosphere and on to space. The system is environmentally friendly and could drastically lower the cost of satellites reaching orbit. It was in part inspired by the work of American and Canadian researchers more than 50 years ago. “It really shows our ability as a species to come up with new and novel ideas,” says York University astronomer Paul Delaney. “It’s very exciting.” The startup has built a prototype in New Mexico. It’s the height of the Statue of Liberty and consists of a centrifuge inside a vacuum chamber. A rocket is loaded onto the large carbon-fiber arm, which is powered by electric motors. Eventually they hope to get the arm to spin up to 450 rotations per minute with the rocket reaching a speed of around 8,000 km/h before being released. Once hurled into the upper atmosphere, a small engine would then kick in to push the satellite to its orbital destination. In a company video, former director of NASA Ames research Pete Worden says, “The real advantage of SpinLaunch is that most of the energy needed doesn’t have to be carried with you.” Rockets require massive amounts of fuel to get their payloads into space. It made up 90 per cent of the mass of the Saturn V, which carried astronauts towards the moon. SpinLaunch would require 70 per cent less fuel than a traditional rocket. “Everything that I can see about SpinLaunch suggests that 20 to 200 kilogram payloads can be launched very successfully and quite inexpensively this way,” says Delaney. The CEO and founder of SpinLaunch, Jonathan Yaney, has said the idea was in part inspired by a military project in the 1960s that involved both Canadian and American researchers. They used giant guns to fire projectiles into the upper atmosphere at speeds fast enough to get into space. The project was called HARP, which stood for High Altitude Research Project. Yaney has said it was the closest alternative to using rockets. “I really took a look at it from just a fresh perspective and that’s when the idea of a rotational accelerator came up,” said Yaney in a video released by the company. SpinLaunch is now planning to build a launcher three times larger than the one in New Mexico, and hopes to fling its first satellite into orbit by 2025.
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.
Matthew Talbotmatthew.talbot@bellmedia.ca | https://localnews8.com/news/2022/04/23/a-massive-catapult-like-device-could-soon-sling-satellites-into-space/ | 2022-04-23T14:58:14Z |
GLENVIEW, Ill., May 19, 2022 /PRNewswire/ -- Beltone, the nation's leading hearing care retailer, has been awarded "Best in Hearing Care" on Newsweek's list of America's Best Retailers 2022. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on May 17, 2022, and can be viewed on Newsweek's website.
"Beltone is honored to be recognized as 'Best in Hearing Care' as we strive every day to provide the highest standard of care to our patients in need of hearing assistance," said Beltone President, Mike Halloran. "We are proud that our innovative hearing aids, services, and expert care from our hearing care practitioners and patient care coordinators are able to improve the quality of life for consumers nationwide."
Having remained the most trusted hearing care provider for 82 years, Beltone is committed to providing more than just hearing aids, but also a partner for our patients every step of the way. Beltone continues to focus on the needs of our patients through the research and development of innovative new hearing technologies.
Newsweek and Statista developed a complex methodology to ensure the quality and validity of the ranking and America's Best Retailers 2022 were identified based on the results of an independent survey of more than 10,000 U.S. customers who have shopped at the retail stores in-person in the past three years. In total, over 150,000 evaluations were collected. The final assessment and rankings were based on the Likelihood of Recommendation and five evaluation criteria: Products, Customer Service, Atmosphere, Accessibility, and Shop Layout.
With over 1,500 Beltone locations nationwide, each office is a local business part of the community it serves and the team at your local Beltone will get to know you to provide a personalized experience during your journey to better hearing. And with a nationwide network, you can expect this level of service wherever you go. For those looking to join the "Best in Hearing Care" retailer in America, you can learn more about the amazing support and services Beltone provides their independent network by visiting ownabeltone.com.
About Beltone
Beltone is the nation's leading hearing care retailer and has remained the most trusted hearing care provider for over 80 years. With over 1,500 Beltone locations nationwide, you can expect this level of personalized service wherever you go. Proudly part of the GN Group, Beltone continues to focus on the needs of our patients through the research and development of innovative new hearing technologies and extensive training and continuing education for our hearing care professionals to allow you to hear what truly matters the most. To learn more, please visit www.beltone.com.
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SOURCE Beltone | https://www.wibw.com/prnewswire/2022/05/19/beltone-awarded-best-hearing-care-newsweeks-americas-best-retailers-2022-list/ | 2022-05-19T14:27:18Z |
COLUMBIA, Mo. (AP) — The family of Missouri U.S. Senate candidate Eric Greitens has been subjected to “serious threats” in the days since he released a violent campaign video in which he declares he’s “hunting” RINOs, or Republicans in Name Only, the lawyer for his ex-wife said in court Thursday.
Attorney Helen Wade said during a court hearing in the former couple’s child custody case that Sheena Greitens has received written threats, noting her email address is a public record because she’s an employee at a public university.
“We live in a country where this kind of rhetoric has resulted in violence,” she said. “It’s in writing, `Wouldn’t it be awful if someone hunted down and killed Eric Greitens and his entire family. Golly that would be terrible.′ That’s one of them. The other one is so horrible I can’t read it aloud in court.”
The hearing was part of the case to decide whether custody of the couple’s two sons should be overseen by a court in Missouri or in Texas, where Sheena Greitens and the boys now live. In a March affidavit as part of the case, Sheena Greitens accused her ex-husband of verbal and physical abuse.
Greitens, who resigned as Missouri governor in June 2018 after an extramarital affair spawned a criminal charge in St. Louis, has repeatedly called the abuse allegations lies. He accused Sheena Greitens of collaborating with people he considers RINOs in an effort to sabotage his Senate campaign.
The 38-second campaign ad that dropped Monday shows Eric Greitens brandishing a shotgun. An armed tactical team breaks into a home and throws what appear to be flash-bang grenades. Greitens enters through the smoke and says: “Join the MAGA crew. Get a RINO hunting permit. There’s no bagging limit, no tagging limit and it doesn’t expire until we save our country.”
Eric Greitens said the ad was meant to be humorous and not taken literally. He was not at the hearing.
“I’m disappointed Eric isn’t here today because we were hoping that we would be able to get him to make a statement clearly denouncing the use of any sort of violence against my client,” Wade said.
Eric Greitens’ attorney, Gary Stamper, said in court “it’s disingenuous to suggest” that Greitens “would want harm to befall her.” Stamper said later in a statement that the two threats provided in a document from Wade were not death threats, but he still denounced them.
In a phone interview with The Associated Press after the hearing, Sheena Greitens said she was left shaken by the video earlier this week.
“Eric and his attorney have spent the last thee months trying to tie me to what they call a RINO conspiracy involving Karl Rove and Mitch McConnell,” Sheena Greitens said. “Which is completely fabricated. It is completely untrue and Eric knows it is untrue.
“But to be tied repeatedly to RINOs for three months in a ton of Eric’s public rhetoric, and then to see a video Monday talking about hunting down RINOs and tagging and bagging them, yeah, it did make me worried for my safety and the safety of my kids.”
Sheena Greitens provided the AP with copies of 2018 email exchanges in which she accused her then-husband of abuse. She said the emails are proof that despite Eric Greitens’ claims that the allegations contained in the March affidavit came out of nowhere to sabotage his campaign, he’s known about them from the outset.
Stamper, in a statement to the AP, noted that Sheena Greitens said in 2020 that it was in the best interest of the boys to spend time with their father. He questioned why she would do so if he was abusive.
“We believe that the ex-wife’s continued and most recent efforts to drag their children into the press are not in their best interests,” Stamper said.
Eric Greitens is among 21 Republicans running for the Senate seat being vacated by incumbent Roy Blunt’s retirement. Most polling has shown Greitens at or near the top of the field, though in close competition with U.S. Rep. Vicky Hartzler and Attorney General Eric Schmitt.
Some GOP leaders fear that if Greitens wins the Aug. 2 primary, he could lose in November. With the Senate evenly divided, the GOP can’t afford to lose what would otherwise be a safe seat.
Greitens is a former Navy SEAL officer and Rhodes Scholar who was largely unknown in politics before he was elected governor in 2016. With abundant charisma, good looks and his military background, Greitens was seen by many as a future presidential contender. He didn’t hide his ambition, reserving the website EricGreitensForPresident.com.
His star seemed to fade as fast as it rose. In January 2018, he admitted to a 2015 extramarital affair with his St. Louis hairdresser and a month later, he was indicted on an invasion-of-privacy charge that accused of taking a compromising photo of the woman.
In short order, a Missouri House committee began investigating campaign finance issues, and Greitens faced a second felony charge in St. Louis related to campaign finances. Both charges were eventually dropped. Under the risk of the charges being refiled, and still facing possible impeachment, Greitens resigned in June 2018. Eric and Sheena Greitens divorced in 2020.
In the March affidavit, Sheena Greitens said her ex-husband demonstrated such “unstable and coercive behavior” as his political career appeared to be collapsing in 2018 that steps were taken to limit his access to firearms. She said in the interview that friends, security workers and others shared her concern and tried to keep Eric Greitens away from his gun.
___ Salter reported from O’Fallon, Missouri. | https://cw33.com/news/politics/ap-politics/greitens-rino-video-spurred-threats-to-family-lawyer-says/ | 2022-06-24T15:05:35Z |
The project will be fully supported by renewable natural gas and will reduce local emissions by up to 96% compared to alternatives.
HOUSTON, June 15, 2022 /PRNewswire/ -- Enchanted Rock, a leading provider of electrical resiliency-as-a-service, today announced that it has been contracted by Microsoft to develop California's largest microgrid fully supported by renewable natural gas (RNG). The microgrid will provide Microsoft's San Jose, CA, data center with back-up power to ensure continuous operations.
"Today's digital world relies on the uptime and continuity of data center operations," said Thomas McAndrew, CEO of Enchanted Rock. "This continuity does not need to come at the expense of companies' carbon emission reduction goals or local air quality. Microsoft's decision to pursue a renewable microgrid marks another milestone in the industry as businesses continue to move away from conventional, less carbon-friendly methods, and we expect this project will demonstrate that large-scale, reliable, and cost-effective back-up generation with net-zero carbon can become the new standard."
With ambitious goals of becoming carbon negative by 2030, Microsoft chose Enchanted Rock for its ability to develop a reliable microgrid with net-zero emissions. The project will out-perform current California Air Resources Board emissions requirements for distributed generation, the most stringent in the world, with hourly local emissions 80%-96% lower than Tier 4 diesel standards while delivering higher reliability.
Brian Janous, General Manager – DC Energy & Sustainability at Microsoft said, "This project helps Microsoft take a step towards our goal of eliminating dependence on petroleum-based diesel, while increasing the resilience of our data center and providing a much-needed capacity resource to the local grid."
"The climate crisis and environmental degradation hit underserved communities first and hardest," said Senator Ben Hueso (D-40). "These communities suffer through poor air quality, intolerable heat waves, and punishing droughts. We must take immediate action to reverse the climate crisis and address local environmental impacts. I am hopeful that one day all data centers will replace their backup power systems with carbon-negative, clean renewable natural gas. Today's announcement will set a precedent I believe all of California's roughly 240 data centers should follow."
Power for the microgrid will be supplied by net-zero carbon RNG, injected upstream into the gas pipeline to offset the use of fossil gas. Enchanted Rock sources RNG captured from facilities that emit methane such as food waste and agricultural operations, making it part of the circular economy with neutral or negative carbon intensity.
"California needs practical alternatives to diesel backup generation in order to protect public health and prevent catastrophic climate change," said Bill Magavern, policy director for the Coalition for Clean Air, a statewide organization that advocates for clean air policies. "This means deploying flexible, dispatchable solutions that can tackle the intermittent nature of renewables, while reducing the environmental and public health impacts of diesel-fueled generators"
"Enchanted Rock and Microsoft are members of the newly announced Infrastructure Masons Climate Accord which is focused on reducing carbon in materials, products and power in the digital infrastructure industry," said Dean Nelson, Chairman and Founder of Infrastructure Masons. "We applaud the work they are doing together to drive microgrid innovation at scale, reducing carbon intensity in electrical service without harming public health."
Founded in 2006, Enchanted Rock is a leader in electrical resiliency-as-a-service, powering companies, critical infrastructure and communities to ensure operational continuity during unexpected power outages from extreme weather, infrastructure failures, cyberattacks and other grid disruptions. Enchanted Rock's dual-purpose microgrids use natural gas and renewable natural gas (RNG) offsets to produce significantly lower carbon emissions and air pollutants than diesel generators, capable of achieving resiliency with net-zero emissions. Additionally, the company's end-to-end microgrid software platform, GraniteEcosystem™, provides real-time 24/7/365 system monitoring and optimization, including forecasting of electricity market conditions to ensure worry-free reliable power to customers. For more information, please visit www.enchantedrock.com or visit Twitter or LinkedIn.
Media Contact
Carlos Villacis
enchantedrock@antennagroup.com
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SOURCE Enchanted Rock, LLC | https://www.kxii.com/prnewswire/2022/06/15/enchanted-rock-develop-californias-largest-renewable-microgrid-ensure-resiliency-microsoft-data-center/ | 2022-06-15T11:38:30Z |
Ex-Idaho lawmaker accused of raping intern takes the stand
By REBECCA BOONE
Associated Press
BOISE, Idaho (AP) — A former Idaho state lawmaker accused of raping a Statehouse intern last last year took the stand Thursday to testify in his defense.
Aaron von Ehlinger, 39, has pleaded not guilty to felony charges of rape and sexual penetration with a foreign object and maintains he had consensual sex with the intern.
He resigned from the House of Representatives last year after a legislative ethics committee recommended that he be banned from the Statehouse.
The Associated Press generally does not identify people who say they have been sexually assaulted, and has referred to the woman in this case as “Jane Doe” at her request.
Doe was a 19-year-old intern when she told her supervisors that von Ehlinger, who was then a Republican representative from Lewiston, raped her in March 2021 at his Boise apartment after the two had dinner at a restaurant.
Both charges carry a maximum penalty of up to life in prison.
Before von Ehlinger took the stand, Judge Michael Reardon rejected a motion from the defense attorney suggesting von Ehlinger should be acquitted on all charges.
The lawyer, Jon Cox, said there wasn’t sufficient evidence — based on the statements that Doe made to Anne Wardle, the nurse who examined the intern after the alleged rape — that Doe adequately resisted von Ehlinger’s advances.
“I would submit that there’s no testimony from Ms. Wardle that (Doe) did nothing other than make excuses for why she didn’t want to do it,” Cox said. “I don’t think that rises to the level of being against her will — she didn’t say, ‘Don’t do that, I don’t want that.’”
But Ada County Deputy Prosecutor Katelyn Farley said Cox was mischaracterizing the testimony, noting that Wardle and investigators testified that Doe told them she said no.
Farley also said the testimony showed that von Ehlinger was much bigger than Doe, carried a gun, physically pulled her onto a couch and carried her into the bedroom and that she resisted in several ways.
The judge rejected that motion and referred to additional testimony from Wardle.
“As I have heard the evidence it appears to me there is sufficient evidence of use of force — statements about her jerking her head back and hitting the wall causing an appreciable bruise,” Reardon said.
Doe testified on Wednesday, haltingly describing the moments the assault began, before abruptly leaving the witness stand.
“I can’t do this,” the she said, quickly walking out of the courtroom.
The judge gave the prosecuting attorneys 10 minutes to find her to determine if she would return and resume her testimony.
When she did not, Reardon told the jurors they had to “strike (Doe’s testimony) from your minds as if it never happened,” because the defense could not cross-examine her. | https://localnews8.com/news/2022/04/28/former-idaho-lawmaker-says-hell-testify-in-rape-trial/ | 2022-04-28T15:43:57Z |
Albany City Commissioner Chad Warbington, left, speaks with fellow Commissioner Jalen Johnson at the conclusion of a Tuesday-evening meeting. The commission unanimously approved a list of four new Albany-Dougherty Historic Preservation Commission members during the session.
ALBANY — It was a clean sweep on Tuesday for the city’s slate of Albany-Dougherty Historic Preservation Commission members, with the Albany City Commission appointing four new members to the eight-member board.
Two of the four members, Rosemary Hamburger and Molly Swan, had asked not to be reappointed, while Bruce Capps and Jennifer Davis indicated they would like to serve additional two-year terms on the board. The other four members are appointed by the Dougherty County Commission.
The decision came a week after the City Commission overruled the HPC’s recommendation on a request by Phoebe Putney Memorial Hospital to demolish three historic houses, a medical office and the former Albany High School building in the North Jefferson Street historic district to make room for a facility to train and house nursing students. The project is a collaboration between Phoebe and Albany Technical College.
The vote to overrule came after the HPC refused to sign off on five Certificates of Approval to proceed, including four requests by the hospital and one filed by the Phoebe Putney Hospital Board. After the Aug. 16 vote, the city sent an ultimatum to the HPC, insisting that the body grant the five approvals by that Aug. 19, and if the board refused its notification letter would serve the purpose of granting them.
The HPC responded to the city’s actions by notifying it of intent to file a lawsuit in Dougherty County Superior Court seeking to prevent the demolition of the buildings.
Commissioners unanimously approved, with no comment, the list of four individuals nominated on Tuesday. The four new members are Zach Giddes, William Guin Jr., Scott Marcus and Matt Trice, nominated by Commissioners Bob Langstaff, Chad Warbington, Jon Howard and Jalen Johnson, respectively.
On Wednesday, Warbington said there was no conscious intent to purge the board in the wake of the dispute over the hospital’s request.
“I wouldn’t say we had any negative approach to it,” he said during a telephone interview. “We did have a lot more people apply than we normally do. We went through the list and chose who we thought were the best.
“I’m very excited about the people we chose. They are very seasoned people in the Albany area. I think they’re going to be great additions to the board.”
Mayor Bo Dorough on Wednesday referred to the move as “controversial.” Although he did not make a nomination, the mayor voted to approve the list compiled through the four commissioners’ nominations.
“It just … it was obviously a controversial decision,” he said. “The commission didn’t agree with the conclusion of the HPC (last week).”
The decision not to nominate two members who wanted to continue serving was “unusual,” Howard said on Wednesday.
“Absolutely,” he said. “I would say, I looked at the resumes, not purging, but to start off fresh. I nominated the best individual, based on the resume, who said they wanted to be sure we were preserving the historical area. I certainly wasn’t letting politics get in the way of my vote. I think it’s about the best person to serve in the position.”
In an email response on Wednesday, Capps said he had no comment at this time about the commission’s decision.
“I believe that it would be inappropriate for me to comment on the City Commission’s decision while litigation is pending,” he said in the email.
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accounts, the history behind an article. | https://www.albanyherald.com/news/albany-city-commission-appoints-clean-slate-to-historic-preservation-commission-a-week-after-dispute/article_61a337e0-23df-11ed-a96f-dfa33c4ebb5b.html | 2022-08-24T22:12:25Z |
Portland food cart owner searching for help after thieves break in
PORTLAND Ore. (KPTV/Gray News) - The owner of a local food cart is searching for help with repairs after it was broken into Monday morning.
Tim Turcotte, owner of Esan Thai Eastport in Southeast Portland, found the window on his roof broken into and the cart ransacked.
Turcotte, who lives down the street, says he received phone call around 5:30 a.m. about people taking things through a fence.
He ran outside in his robe and saw two people stealing carts, hoses and cables from at least four other food carts. That’s when he took action.
“One guy started to come towards me, so I just literally ran at him and tackled him because I didn’t know what he was going to do,” Turcotte said. “I kind of just let him up.”
The suspect left and Turcotte brought everyone’s belongings back.
Turcotte’s cart was also broken into five weeks ago, which prompted him to add more locks, but the suspects still managed get inside.
“Pretty much cut out all the metal they could, broke away anything that was blocking them. I still don’t know how they got through this tiny hole but now everything is broken all the structure is just gone,” Turcotte said. “There was just soda spill all over here, the fridge was open, we looked at it and no cans of water no cans of soda. They just emptied it in the sink.”
Food that was worth $1,000 had to be thrown out, while the repairs could cost him $6,500- $7,500.
Turcotte says on three different occasions, police gave him shocking responses.
“The last break in, they literally told us there’s not enough police officers, there’s not enough descriptions of the people it’s just going to go on a piece of paper, into a file and no one’s going to look at it again,” Turcotte said. “They said we have to act on our own.”
Esan is open for business but Turcotte calls it disheartening. He says he hopes to get back on track so he can continue to help his community.
“We’ve raised money for different businesses that have been broken into in the past year we’ve always done fundraisers and donated all the money to everybody else even when it was happening to us.”
Turcotte says he doesn’t plan on moving locations but does plan on adding even more security to his cart. He often checks on his cart every couple hours in the middle of the night and wonders when he’ll be able to sleep again.
Turcotte describes the suspect as a white male in his 30′s, with a face tattoo across his eyebrow, a baseball hat, tore up clothes and shoes with no laces.
There is a GoFundMe page set up for the owners if anyone would like to donate.
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/02/portland-food-cart-owner-searching-help-after-thieves-break/ | 2022-07-02T05:36:50Z |
SPRINGFIELD, Ill., Sept. 7, 2022 /PRNewswire/ -- INB, N.A. announces its strategic partnership and entry into the Florida commercial banking market. INB has partnered with a team of well-known, well-rounded bankers who have extensive experience in multiple business sectors across Florida.
INB's Florida Market CEO Allen Brinkman says, "Long-term relationships were instrumental in our entry into the Florida market. We have several board members located in Florida who are significant shareholders of INB."
INB CEO and President Sarah Phalen says, "Everything just fell into place. It was an organic and philosophical conversation at the beginning. As a result, it didn't take long for our Florida team and INB to recognize that we share a common objective to provide service to the client that is customized, professional, and timely."
Brinkman says, "Choosing INB as a partner was an easy decision. When you and your clients are aligned with similar goals and objectives, and you juxtapose that with an institution that is not aligned, you act. This is why our team came together. INB provides a solution to that disconnect." He stated that within the first three weeks with INB, the Florida team has already generated over $146,000,000.00 in loans to Florida customers using the expertise of bankers backed by a first-class institution. "INB's fast turnaround times and customized service are offering customers what the team's former banks were unable to provide," Brinkman adds.
The Florida team will be led by Florida Market CEO Allen Brinkman. Brinkman has been in banking for 25 years and will cover all banking operations in Florida. He will work out of the INB Florida headquarters in Tampa Bay.
Gabriella (Gaby) Cioli has taken the position of South Florida Market President. She is responsible for middle market commercial accounts. She has 28 years of banking experience and will continue to work out of Miami.
Joining the team as Commercial Bankers are:
Robert Frederick has 17 years' banking experience. Rob has a strong credit background and will cover commercial and real-estate banking. Rob will work out of the Tampa Bay office.
Susan Maurer has 30 years in banking and financial services. Susan will cover commercial banking and real-estate. Susan will work out of the Tampa Bay office.
Miranda Kelly has 20 years' banking experience and will cover business and commercial banking. Miranda will work out of the Tampa Bay office.
Bill Williams has 30 years of experience in banking. Bill will cover commercial real estate and will work out of the Tampa Bay office.
About INB, N.A. – INB is a privately held national bank that recently began providing commercial banking products in Florida. Founded in 1999 in Springfield, IL, the bank offers commercial banking services in Illinois and Missouri.
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SOURCE INB, N.A. | https://www.kxii.com/prnewswire/2022/09/07/inb-na-enters-florida-commercial-banking-market/ | 2022-09-07T19:26:50Z |
California could see flooding ‘unlike anything seen before,’ experts warn
Published: Aug. 16, 2022 at 5:55 PM CDT|Updated: 15 minutes ago
(CNN) - A new study says megafloods could turn California’s lowlands into a “vast inland sea.”
The study by Science Advances showed climate change has already doubled the chances of a disastrous flood in California in the next four decades.
The warning comes to a state already plagued by earthquakes and record-setting drought.
Experts predict catastrophic floods “unlike anything seen before” could hit California’s central valley, which includes Fresno, Bakersfield and Sacramento.
According to the study, historic flooding could impact millions of people.
Experts said “once in a lifetime” floods have already happened in the state, but climate change continues to supercharge heavy rain events.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/08/16/california-could-see-flooding-unlike-anything-seen-before-experts-warn/ | 2022-08-16T23:12:41Z |
On eve of Ukraine’s national day, fears Russia will pounce
KYIV, Ukraine (AP) - On the eve of Ukraine’s independence day and the half-year mark of Russia’s invasion of its neighbor, there was increasing unease in the country on Tuesday that Moscow could be focusing on specific government and civilian targets during the holiday.
The United States reinforced those concerns when its embassy in Kyiv issued a security alert, saying it “has information that Russia is stepping up efforts to launch strikes against Ukraine’s civilian infrastructure and government facilities in the coming days.”
On Tuesday’s Ukrainian Flag Day, President Volodymyr Zelenskyy stressed defiance rather than worry when he raised the flag at a memorial.
“The blue and yellow flag of Ukraine will again fly where it rightfully should be. In all temporarily occupied cities and villages of Ukraine,” he said, including the Crimea peninsula which has been annexed by Russia since 2014.
At the weekend, Zelenskyy sensed a threat coming when he said in his daily address that “we should be aware that this week Russia may try to do something particularly nasty, something particularly cruel.”
The U.S. warning came on the heels of Russia’s claim that Ukrainian intelligence was responsible for the car bombing that killed the daughter of a leading right-wing Russian political thinker over the weekend. Ukraine denied involvement.
Hundreds of people lined up Tuesday to pay tributes to Darya Dugina, a 29-year-old commentator with a nationalist Russian TV channel who died when her SUV blew up Saturday night as she was driving on the outskirts of Moscow.
Her father, Alexander Dugin, a philosopher and political theorist who was believed to be the target, ardently supports Russian President Vladimir Putin’s decision to send troops into Ukraine. “She lived for the sake of victory, and she died for the sake of victory. Our Russian victory, our truth,” Dugin said at a farewell ceremony.
The sense of dread pervading the war centers in part on Europe’s largest nuclear power plant, at Zaporizhzhia in southeastern Ukraine, where continued shelling and fighting in the area has raised fears of a nuclear catastrophe.
U.N. Secretary General Antonio Guterres late Monday warned about the nuclear threat in general, particularly since Russia alluded to its massive nuclear arsenal early in the war.
Guterres demanded a halt to “nuclear saber-rattling” on Monday, saying the world is at a “maximum moment of danger” and all countries with nuclear weapons must make a commitment to “no first-use.”
That didn’t prevent shelling close to Zaporizhzhia early Tuesday. Regional governor Valentyn Reznichenko said Russian forces fired on nearby Marhanets and Nikopol on the right bank of the Dnieper River, continuing weeks of relentless overnight shelling.
Meanwhile, the fate of Ukrainian prisoners of war is also raising worries. U.N. High Commissioner for Human Rights Michelle Bachelet said she was “concerned by reports that the Russian Federation and affiliated armed groups in Donetsk are planning — possibly in the coming days — to try Ukrainian prisoners of war.” She said it is being labeled an “international tribunal” but that due process and a fair trial would not be guaranteed.
Amid the death and destruction, there was one small point of light. All professional soccer was stopped in February, but a new league season starts Tuesday in Kyiv.
The Olympic Stadium will see the the opening-day meeting of Shakhtar Donetsk and Metalist 1925 from Kharkiv — teams from eastern cities that are fighting for their very existence.
No fans will be allowed in the 65,000-capacity downtown stadium for the kickoff at 1 p.m. local time, and the players must be rushed to bomb shelters if air-raid sirens sound.
“The teams, the players will be proud of this event,” Shakhtar captain Taras Stepanenko said Monday in a telephone interview with The Associated Press.
___
Full coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/23/eve-ukraines-national-day-fears-russia-will-pounce/ | 2022-08-23T11:34:37Z |
LOS ANGELES, June 28, 2022 /PRNewswire/ -- A bill requiring oil refiners to disclose their per gallon profits monthly passed out of the California Assembly Natural Resources Committee by a vote of 8 - 3. The legislation has already passed out of the California Senate by a vote of 22 - 4.
SB 1322 (Allen) requires the oil refiners to disclose monthly their refining profits -- the difference between average cost they pay for a barrel crude oil and the average price they charge for the finished barrel of gasoline, minus their expenses. With 42 gallons in a barrel, the public will know exactly how much oil refiners make per gallon of gas in California.
Californians are paying $1.40 more gallon for their gasoline than the average US driver. Environmental costs add about 60 cents per gallon.
"Consumers deserve to know how much oil refiners are making off their pain at the pump," said Jamie Court, president of Consumer Watchdog. "Recent quarterly profit reports suggest California oil refiners are pocketing $1 per gallon off the recent price spikes at the pump. That's unconscionable."
Refining margins are typical industry measures. In fact, California refining margins are already published quarterly by two of California's five oil refiners – so this is information that is already public. PBF publishes refining profits from its San Francisco and LA refineries, which show that it made 78 cents per gallon on the gasoline it sold in the first quarter of 2022. That's double its profits from other parts of the country. Valero also publishes its margins for its West Coast refineries, which are exclusively in California. The other refiners publish Western regional margins. You can read about the refining profits reported by all California refiners in our review of the latest investor report here: https://www.consumerwatchdog.org/energy/profit-reports-show-oil-refiners-are-gouging-californians-profits-gallon-double
Since prices only tipped $5 per gallon in March, significantly into the first quarter reporting period, this means that PBF likely made more than $1 per gallon profits on the gasoline sold in Southern California from March through May.
"Requiring oil refiners to post their profits per gallon monthly will allow the public, regulators, and legislators to pinpoint periods of gouging and have the opportunity to respond," said Court. "When people have to choose between gas and food, it's time we heighten our scrutiny of oil refiner profits. Ultimately, we need a new price gouging law to stop oil refiners from turning California into an ATM."
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SOURCE Consumer Watchdog | https://www.kxii.com/prnewswire/2022/06/28/legislation-requiring-oil-refiners-disclose-profits-per-gallon-monthly-clears-ca-assembly-natural-resources-committee-says-consumer-watchdog/ | 2022-06-28T19:34:24Z |
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- According to Hach & Rose, LLP, New York Governor Kathy Hochul signed the Adult Survivors Act (ASA) into law on May 24, 2022. The ASA creates a one-year lookback window for sexual assault survivors to bring a lawsuit against their abusers, provided the sexual assault occurred when they were 18 or older.
During the one-year lookback window, the time limit established by the statute of limitations on sex abuse claims will be lifted, allowing survivors to sue no matter how long ago the alleged sexual abuse occurred. The statute of limitations establishes a timeline of three years for civil sexual abuse claims. Still, many survivors cannot or do not report sexual abuse or assault within that time. Survivors might initially be hesitant to sue their abusers for various reasons, including shame, fear of retaliation, fear that police won't help, and fear of telling friends and family.
Survivors of sex crimes that occurred when the victim was at least 18 years old can begin filing lawsuits in November 2022, six months from the date the governor signed the legislation into law. The one-year lookback window will officially close in November 2023. The language in the ASA also ensures that the courts prioritize survivors' cases and that the courts adjudicate these civil actions in a timely manner.
The ASA applies to about 20 sex crimes listed in Penal Law Article 130. Crimes include sexual misconduct, rape, forcible touching, persistent sexual abuse, aggravated sexual abuse, female genital mutilation, and predatory sexual assault.
"We're very excited to stand with adult survivors and support them through their journey of reclaiming their voice through litigation. We know how emotional the process can be, and are looking forward to vigorously prosecuting their claims," said Hillary Nappi, a lawyer at Hach & Rose.
The ASA is modeled after the Child Victims Act (CVA), another piece of legislation passed by the Legislature and signed into law in 2019. The CVA also created a one-year lookback window (which was extended to two years due to COVID-19) for survivors of childhood sexual assault.
Under the CVA, any person who was sexually assaulted or abused as a minor was allowed to sue their abuser during the lookback window, regardless of when the assault or abuse occurred. The act also revised the statute of limitations on civil child sex abuse claims, allowing survivors of child sexual abuse to take legal action in civil court up until age 55.
Another notable feature of the ASA includes a provision for civil actions against institutions or employers who may have been partly liable if a lawsuit had been brought within the statute of limitations. Survivors of sexual assault that occurred in the workplace or within the scope of their employment will be legally entitled to name employers as defendants in lawsuits.
While it remains to be seen how many adult survivors of sexual abuse will come forward and take legal action, the passage of the ASA is undoubtedly a notable victory for survivors.
At Hach & Rose, LLP, our New York sexual abuse lawyers are committed to protecting victims of sexual abuse. We will be ready to investigate your case and work to uncover whether the perpetrator or negligent third party could be held accountable through criminal charges, a civil lawsuit, or both. If you or a loved one suffered any form of sexual abuse, don't wait until it is too late to get justice. Call us at (646) 969-3383 or reach out to us online for a 100% free and confidential consultation.
Media Contact: Hach & Rose, LLP , (646) 663 - 3012
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SOURCE Hach & Rose, LLP | https://www.wibw.com/prnewswire/2022/08/16/hach-amp-rose-llp-adult-survivors-act-officially-signed-into-law/ | 2022-08-16T17:46:27Z |
WASHINGTON, July 19, 2022 /PRNewswire/ -- NASA will hold a media teleconference at 11 a.m. EDT Wednesday, July 20, to discuss next steps for the Artemis I mission with the Space Launch System (SLS) rocket and Orion spacecraft at the agency's Kennedy Space Center in Florida.
Audio of the call will livestream on NASA's website.
Inside the Vehicle Assembly Building at Kennedy, technicians continue to prepare SLS and Orion for Artemis I. The first in a series of increasingly complex missions, Artemis I will be an uncrewed flight test that will provide a foundation for human exploration in deep space and demonstrate our commitment and capability to extend human existence to the Moon and eventually Mars.
Teleconference participants include:
- Jim Free, associate administrator, Exploration Systems Development Mission Directorate, NASA Headquarters in Washington
- Cliff Lanham, senior vehicle operations manager, Exploration Ground Systems Program, Kennedy
- Mike Sarafin, Artemis mission manager, NASA Headquarters
To participate by telephone, media must RSVP no later than two hours prior to the start of the event to: ksc-newsroom@mail.nasa.gov.
Through Artemis missions, NASA will land the first woman and the first person of color on the Moon, paving the way for a long-term lunar presence and serving as a steppingstone to send astronauts to Mars.
For updates, follow along on NASA's Artemis blog at:
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SOURCE NASA | https://www.mysuncoast.com/prnewswire/2022/07/19/nasa-discuss-status-artemis-i-moon-mission/ | 2022-07-20T00:04:30Z |
North Lamar-Sherman Volleyball Highlights
Published: Aug. 9, 2022 at 11:12 PM CDT|Updated: 14 minutes ago
North Lamar-Sherman Volleyball Highlights
Copyright 2022 KXII. All rights reserved.
North Lamar-Sherman Volleyball Highlights
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/10/north-lamar-sherman-volleyball-highlights/ | 2022-08-10T04:28:17Z |
L’AQUILA, Italy (AP) — Making a pilgrimage in an Italian mountain town, Pope Francis on Sunday hailed the humility of a 13th-century pontiff who resigned to live a hermit’s life, and praised him for using his brief papacy to highlight the value of mercy and forgiveness.
Francis made a four-hour visit to L’Aquila in the central Apennine mountains, which was struck by an earthquake in 2009, killing 305 people and destroying much of the town. It is still being rebuilt.
The pontiff came to give a boost to a late summer tradition begun by Pope Celestine V 728 years ago to encourage the faithful to seek forgiveness for sins.
L’Aquila’s Collemaggio Basilica contains the remains of Celestine, who resigned in 1294 after only several months in the papacy. As pontiff, Celestine initiated the August practice in which faithful could pass through the basilica’s Holy Door. After meeting certain religious requirements, they can receive a plenary indulgence, which removes punishment for sin.
Aides brought Francis in a wheelchair to the basilica’s austere, brown wooden door. After Francis, who has a painful knee problem, was helped to stand, he used a sturdy olive tree branch to rap three times on the door, which then was opened. With a ramp put in place, Francis limped into the basilica, then prayed silently before the mausoleum containing the remains of Celestine, whose face is covered with a silver mask.
Celestine was ridiculed by Dante in the “Divine Comedy” for cowardice in abdicating his papal role.
“The humble appear to the eyes of men as weak and losers, but in reality they are the true winners because they are the only ones who trust completely in the Lord and know His will,” Francis said.
“Humility doesn’t consist in devaluating oneself but rather in that healthy realism that makes us recognize our potential and also our misery,” Francis said. He hailed the “courageous’ Celestine V because “no logic of power was able to imprison or manage him.”
Celestine reminded all that mercy and forgiveness help people to pass from “anguish and guilt to freedom and joy,” Francis said.
While the helicopter that flew him from the Vatican to L’Aquila earlier Sunday morning kept circling above the town, with the pilot trying to find a break in thick fog so it could land, Francis said he was inspired to ponder the value of mercy.
“Finally, there was a little opening (in the fog), and he zoomed through,” Francis said, encouraging people, when their lives are clouded by troubles, to similarly take advantage of an ”opening” when the possibility of mercy presents itself.
Before Francis, the last pope to visit L’Aquila was his predecessor, Benedict XVI, who came to comfort quake survivors in 2009 and paid tribute to Celestine. Benedict would resign in 2013, the first pontiff in nearly 600 years to do so. He now lives in a monastery on Vatican grounds.
Francis, who is 85, has called resignation an acceptable option for pontiffs who feel they no longer can adequately lead the world’s more than 1.3 billion Catholics.
He greeted townspeople outside the town’s Duomo, or cathedral, which is still being repaired from quake damage, and visited with relatives of some of the victims.
Francis noted that inmates from area prisons were among well-wishers outside the cathedral. “In you, I salute a sign of hope, because in prisons there are so many, too many victims,” Francis said.
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D’Emilio reported from Rome. | https://cw33.com/news/ap-top-headlines/ap-francis-praises-humility-of-13th-century-pope-who-resigned/ | 2022-08-29T09:39:56Z |
Based on 2022 employee survey data,
Vaniam Group scored among top 20 US health companies
CHICAGO, May 19, 2022 /PRNewswire/ -- Vaniam Group has been named to Inc. magazine's Best Workplaces for 2022. Featured in the May/June 2022 issue, the list is the result of a comprehensive measurement of US companies that have excelled in creating exceptional workplaces and company culture, whether operating in a physical or virtual facility. Previously, Inc. also recognized Vaniam Group in its 2021 Best Workplaces list.
A global network of healthcare communications agencies, Vaniam Group supports biopharmaceutical innovators as they realize the full potential of their oncology and hematology discoveries, both in the United States and around the world. Our employees understand the evolving treatment landscape, champion meaningful collaboration between the scientific and medical communities, and communicate emerging data with clarity and omnichannel engagement. With aligned global asset strategy and integrated communications execution, we support our clients in guiding promising compounds efficiently through the entire clinical development process—from discovery through launch, and beyond.
"We are honored that Inc. magazine has recognized us again as a best workplace," said Deanna B. van Gestel, Founder and Chief Executive Officer at Vaniam Group. "We are fortunate and grateful that our high-performing team has chosen to build a career at Vaniam Group over the past 15 years. It is the culture built by our employees—past and present—that we celebrate today."
Zack Lentz, President and Chief Strategy Officer at Vaniam Group, added: "Our colleagues share a purpose to serve and connect biopharma innovators, the world's leading oncologists, and the thousands of individuals who are diagnosed with cancer every single day. This important work requires that we hire the brightest minds we can find; the recognition from Inc. demonstrates that those bright minds happen to reside inside genuinely good people. We will continue to invest in them."
After collecting data from thousands of submissions, Inc. selected 475 honorees this year. Each nominated company took part in an employee survey, conducted by Quantum Workplace, which included topics such as management effectiveness, perks, fostering employee growth, and overall company culture. Each organization's benefits were also audited to determine overall score and ranking.
After assessing the data, Inc. concluded that Vaniam Group should be listed among the top 20 US workplaces within the health sector.
Scott Omelianuk, Editor-in-Chief of Inc., explained: "Not long ago, the term best workplace would have conjured up images of open-office designs with stocked snack fridges. Yet given the widespread adoption of remote work, the concept of the workplace has shifted. This year, Inc. has recognized the organizations dedicated to redefining and enriching the workplace in the face of the pandemic."
About Vaniam Group LLC
Vaniam Group is a people-first, purpose-driven, independent network of healthcare and scientific communications agencies committed to helping biopharmaceutical companies realize the full potential of their compounds in the oncology and hematology marketplace. Founded in 2007 as a virtual-by-design organization, Vaniam Group harnesses the talents and expertise of team members around the world. For more information, visit www.vaniamgroup.com
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. For more information, visit www.inc.com
About Quantum Workplace
Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit www.QuantumWorkplace.com
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SOURCE Vaniam Group LLC | https://www.mysuncoast.com/prnewswire/2022/05/19/vaniam-group-named-inc-magazines-annual-list-best-workplaces-second-consecutive-year/ | 2022-05-19T17:05:20Z |
LENEXA, Kan., Aug. 17, 2022 /PRNewswire/ -- City Wide Facility Solutions announced today it has made the 41st annual Inc. 5000 list for the fifth consecutive year. City Wide boasts a 95% three-year revenue growth rate.
"After more than 25 years of leading City Wide, I'm grateful my team and I can continue to celebrate new achievements. These past 12 months have been our biggest — we signed 16 new locations and plan to open at least five more locations by year end. This recognition from Inc. is the icing on the cake for us," said Jeff Oddo, CEO and owner of the Kansas City-based City Wide Facility Solutions. "I am confident in our ability to grow by over $100 million a year and reach our goal of becoming a billion dollar brand by the end of 2026. Being nationally ranked on a list like Inc. 5000 proves we're on the right track."
Due to City Wide's limited number of large, exclusive territories, its selection process is very discerning. In 2021 the company raised its average unit volume to $6.7 million – an increase of $1.2 million over 2020 – while the top quartile enjoyed an average annual revenue of $15.1 million. City Wide is on track to exceed $550 million in systemwide revenue in 2022.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work and rising to the challenges of today."
City Wide Facility Solutions, which celebrated its 60th anniversary last year, has consistently evolved and adapted to become "The First Choice" for its clients, employees, franchise owners, independent contractors and vendors. Managing more than 20 services for its clients, City Wide offers one point of contact and provides professional communication and project management through every stage of the experience. This allows for clients to focus on running their business while uplifting smaller, independent and locally owned companies to execute services.
Entrepreneurially-spirited individuals interested in owning a City Wide franchise should have a business-to-business background focused on sales, management and operations experience as well as have a desire to be a part of a mission driven organization that prioritizes giving back to the community and the franchise system. For information on U.S./Canadian franchise opportunities, please visit www.citywidefranchise.com.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
About City Wide Facility Solutions
City Wide Facility Solutions is the leading management company in the building maintenance industry, managing janitorial services, commercial cleaning, disinfecting, and more than 20 additional facility solutions for commercial clients. Founded in 1961 in Kansas City, MO, City Wide began franchising in 2001 and has expanded to more than 80 territories in the U.S. and Canada. By working with independent contractors, City Wide can assist its clients with any facility-related service, from floor care and pressure washing to parking lot services and tenant improvement. By simplifying facility matters that are a key focus of building owners, operators, and management companies, City Wide eases the time, stress, and resources typically required to oversee an entire facility. City Wide is proud to do more than just manage facility solutions and services for commercial facilities – it prides itself on being a partner that helps clients save time and solve problems. Its mission is to create a Ripple Effect by positively impacting the people and communities it serves.
For more information about City Wide Facility Solutions or to find a location near you, please visit www.gocitywide.com/. For information about available franchise opportunities, visit www.citywidefranchise.com/.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
About Inc.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
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SOURCE City Wide Facility Solutions | https://www.wibw.com/prnewswire/2022/08/17/city-wide-facility-solutions-keeps-momentum-with-ranking-inc-5000-list/ | 2022-08-17T15:14:25Z |
AKRON, Ohio, June 9, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that it has amended certain terms of its previously announced cash tender offer, including the price and timing as detailed below, and satisfied the tender offer's financing conditions. FirstEnergy is utilizing this tender offer to purchase certain outstanding debt and reduce its leverage, consistent with its plans to reduce debt at the holding company level. Notes that are accepted in the Tender Offer will be purchased, retired and cancelled and will no longer remain outstanding obligations of FirstEnergy.
On May 25, 2022, FirstEnergy commenced an offer to purchase for cash (Tender Offer) up to the maximum combined aggregate purchase price of $800 million, including principal and premium but excluding accrued and unpaid interest (Maximum Tender Amount), of its 7.375% Notes, Series C, due 2031 (2031 Notes) and 4.85% Notes, Series C, due 2047 (which, pursuant to their terms, accrue interest at a rate of 5.35% per annum as of the date of this news release) (2047 Notes and, together with the 2031 Notes, the Notes and, each, a Series of Notes). Subject to the Maximum Tender Amount, the amount of a Series of Notes that is purchased in the Tender Offer will be based on the Acceptance Priority Levels set forth below.
The Financing Condition for the Tender Offer has been satisfied with the completion of the previously announced sale of a minority interest in FirstEnergy Transmission, LLC to affiliates of Brookfield Infrastructure Partners on May 31, 2022.
The Tender Offer is being made on the terms and subject to the conditions set forth in the offer to purchase dated May 25, 2022 (Offer to Purchase), as amended by this news release. Capitalized terms used in this release but not otherwise defined have the meanings given to them in the Offer to Purchase.
FirstEnergy amended the Tender Offer as follows:
- extended the (i) Early Tender Time to 5:00 p.m., New York City time, on June 13, 2022 (originally 5:00 p.m., New York City time, on June 8, 2022), (ii) Price Determination Date to 10:00 a.m., New York City time, on June 14, 2022 (originally 10:00 a.m., New York City time, on June 9, 2022), (iii) expected Early Settlement Date to June 15, 2022 (originally June 10, 2022), (iv) Expiration Time to 11:59 p.m., New York City time, on June 28, 2022 (originally 11:59 p.m., New York City time, on June 23, 2022) and (v) expected Final Settlement Date to June 30, 2022 (originally June 27, 2022); and
- modified the applicable Fixed Spread as set forth in the Offer to Purchase (Original Fixed Spread) to the applicable amended Fixed Spread as set forth in the following table (Amended Fixed Spread):
Except as set forth herein, all other terms and conditions of the Tender Offer described in the Offer to Purchase remain unchanged.
The deadline to withdraw Notes tendered in the Tender Offer was 5:00 p.m., New York City time, on June 8, 2022. This deadline has not been extended (Withdrawal Date). Accordingly, previously tendered Notes may no longer be withdrawn and Notes validly tendered after the Withdrawal Date cannot be withdrawn, except where additional withdrawal rights are required by law. As of the Withdrawal Date, $48,018,000 aggregate principal amount of the 2031 Notes had been validly tendered and not validly withdrawn and $37,742,000 aggregate principal amount of the 2047 Notes had been validly tendered and not validly withdrawn. Subject to applicable law, FirstEnergy has reserved the absolute right, in its sole discretion, to at any time (i) waive any and all conditions to the Tender Offer, (ii) extend, terminate or withdraw the Tender Offer, (iii) increase or waive the Maximum Tender Amount, with or without extending the Withdrawal Date, or (iv) otherwise amend the Tender Offer in any respect.
Holders who have validly tendered and did not validly withdraw their Notes on or prior to the Withdrawal Date and Holders who validly tender their Notes at or prior to 5:00 p.m., New York City time, on June 13, 2022, unless further extended with respect to any Series of Notes or the Tender Offer is earlier terminated by FirstEnergy, will be eligible to receive the applicable Total Consideration, which includes the applicable Early Tender Premium as set forth in the table above. The applicable Total Consideration for each $1,000 principal amount of Notes validly tendered and accepted for purchase will be determined in the manner described in the Offer to Purchase by reference to the applicable Amended Fixed Spread specified in the table above over the applicable Reference Yield based on the bid side price of the applicable Reference Treasury Security specified in the table above, as calculated by the Dealer Managers (as defined below) at 10:00 a.m., New York City time, on June 14, 2022.
FirstEnergy has engaged Barclays Capital Inc. (Barclays) and Morgan Stanley & Co. LLC (Morgan Stanley) to act as lead dealer managers (together, the Lead Dealer Managers) and KeyBanc Capital Markets Inc., SMBC Nikko Securities America, Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. to act as co-dealer managers (collectively, the Co-Dealer Managers and, together with the Lead Dealer Managers, the Dealer Managers) in connection with the Tender Offer and has appointed D.F. King & Co., Inc. to serve as the Tender Agent and Information Agent for the Tender Offer. Copies of the Offer to Purchase are available by contacting D.F. King & Co., Inc. via telephone at (212) 269-5550 (toll free) or (800) 859-8509 (for banks and brokers) or email: fe@dfking.com. Questions regarding the terms of the Tender Offer should be directed to Barclays at (800) 438-3242 (toll-free) or (212) 528-7581 (collect) or Morgan Stanley at (800) 624-1808 (toll-free) or (212) 761-1057 (collect).
None of FirstEnergy, its board of directors, the Dealer Managers, D.F. King & Co., Inc., the trustee for the Notes, or any of their respective affiliates, is making any recommendation as to whether Holders should tender any Notes in response to the Tender Offer. Holders must make their own decision as to whether to tender any of their Notes and, if so, the principal amounts of Notes to tender.
This news release is for informational purposes only and is not an offer to purchase, a solicitation of an offer to sell, or a solicitation of consents with respect to any securities. This news release does not describe all the material terms of the Tender Offer, and no decision should be made by any Holder on the basis of this news release. The terms and conditions of the Tender Offer are described in the Offer to Purchase, as amended by this news release, and this news release must be read in conjunction with the Offer to Purchase. The Offer to Purchase contains important information that should be read carefully before any decision is made with respect to the Tender Offer. The Tender Offer is not being made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such offer or solicitation under applicable securities or blue sky laws. If any Holder is in any doubt as to the contents of this news release, or the Offer to Purchase, or the action it should take, the Holder should seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant, or other independent financial, tax, or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Notes pursuant to the Tender Offer.
ABOUT FIRSTENERGY CORP.
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 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 completion of the Tender Offer; 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 definitive settlement agreement in the derivative shareholder lawsuits; 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; 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 FirstEnergy, 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 moratoriums on utility disconnections and workforce vaccination mandates; 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; changes in national and regional economic conditions, including recession and inflationary pressure, affecting FirstEnergy and/or its customers and those vendors with which FirstEnergy does business; 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; changing market conditions affecting the measurement of certain liabilities and the value of assets held in our pension trusts, or causing FirstEnergy to make contributions sooner, or in amounts that are larger, than currently anticipated; 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; and the risks and other factors discussed from time to time in our Securities and Exchange Commission filings. These forward-looking statements are also qualified by, and should be read together with, the risk factors included in FirstEnergy's filings with the SEC, including, but not limited to, the most recent Annual Report on Form 10-K 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'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 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.
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SOURCE FirstEnergy Corp. | https://www.wibw.com/prnewswire/2022/06/09/firstenergy-amends-price-timing-cash-tender-offer-announces-satisfaction-financing-condition/ | 2022-06-09T12:09:05Z |
SRINAGAR, India (AP) — Emergency workers rescued thousands of pilgrims after flash floods triggered by sudden rains swept through their makeshift camps during an annual Hindu pilgrimage to an icy Himalayan cave in Indian-controlled Kashmir, officials said Saturday. At least 16 people have died and dozens were injured.
Authorities suspended the pilgrimage for two days as rains continued to lash the region. Teams of rescuers from India’s military, paramilitary and police as well as disaster management officials combed through the slippery mountain tracks and used thermal imaging devices, sniffer dogs and through-the-wall radars to locate dozens of missing.
They dug through mud, sand and rocks that swamped the campsites on Friday evening after hurtling down with a gush of water near the cave shrine revered by Hindus. Civilian and military helicopters evacuated the injured to hospitals.
Thousands of people were in the mountains when the rains struck.
Officials said about 15,000 devotees were moved to safer locations and at least five dozen injured were administered first aid at base camp hospitals set up for the pilgrimage, which is undertaken by hundreds of thousands of Hindus from across India.
Groups of pilgrims are staggered over 1 1/2 month for security and logistical reasons.
Ravi Dutt, the 69-year-old Hindu ascetic from eastern West Bengal state, was camping near the cave on Friday evening. He said that suddenly water gushed down from a mountain “sweeping away men, women and our belongings too.”
“Everything was buried under a mountain (of mud and rocks),” Dutt said as he broke down. “I have never seen such an incident in my life.”
Abdul Ghani, a Kashmiri porter who rents his pony to pilgrims, said it was an utter chaos. “I just bundled a devotee on my pony and never looked back,” he said.
Indian Prime Minister Narendra Modi expressed anguish over the deaths. Manoj Sinha, New Delhi’s top administrator in the region, said: “Our priority is to save the lives of people. Instructions have been issued to provide all necessary assistance to pilgrims.”
The Amarnath pilgrimage began on June 30 and tens of thousands of devotees have already visited the cave shrine where Hindus worship Lingam, a naturally formed ice stalagmite, as an incarnation of Shiva, the god of destruction and regeneration.
This year, officials expect nearly 1 million visitors after a two-year gap due to the coronavirus pandemic.
Worshippers trek to the cave along two routes through lush green meadows and rocky and forested mountain passes with a view of glacial lakes and snowy peaks. A traditional route via the southern hill resort of Pahalgam takes three days while a trip through northeastern Baltal lasts one day. Some pilgrims use helicopter services to make quick visits.
The cave, at 13,500 feet (4,115 meters) above sea level, is covered with snow most of the year except for the short summer period when it is open to pilgrims.
Hundreds of pilgrims have died in the past due to exhaustion and exposure to harsh weather during the journey through the icy mountains. In 1996, thousands were caught in a freak snowstorm, leading to more than 250 fatalities.
The pilgrimage concludes on Aug. 11, a full-moon night that Hindus say commemorates Shiva revealing the secret of the creation of the universe.
Apart from weather-related hazards, officials have said that pilgrims face an increased threat of attacks from Muslim rebels who have fought for decades against Indian rule. This year, for the first time, devotees are tagged with a wireless tracking system. Tens of thousands of police and soldiers also guard the routes.
The pilgrimage has been targeted in the past by suspected rebels, who accuse Hindu-majority India of using it as a political statement to bolster its claim on the Muslim-majority disputed region.
At least 50 pilgrims have been killed in three dozen attacks blamed on militants since an armed rebellion began in Indian-controlled Kashmir in 1989 for the region’s independence or a merger with Pakistan, which controls a part of the territory. | https://cw33.com/news/international/ap-international/thousands-rescued-at-flood-hit-hindu-pilgrimage-in-kashmir/ | 2022-07-09T16:29:43Z |
SilverbackKS, Stormont team up to provide free bras, breast screenings
TOPEKA, Kan. (WIBW) - Stormont Vail’s big teal bus is going pink.
The health organization is teaming with the non-profit SilverbackKS for a special “Pink Monday” dedicated to women’s health. The event is coming up June 13 during the Stormont Vail Mobile Clinic stop at CRC-Lundgren.
“We will be providing bras for all of the women who need them, and we also will have hygiene bags with all of the basic necessities in it for both men and women who visit the clinic that day,” SilverbackKS volunteer Jackie Brown said. “The need for uplifting women with bras is huge. You would be shocked at how many women do not have a bra.”
While SilverbackKS will provide the undergarments and hygiene necessities, Stormont’s mobile clinic staff will do free clinical breast exams and visit with women about their health concerns.
“Women know their body best, said Nohemi Alvarez-Landa, APRN, who works on the mobile clinic. “Sometimes just taking a shower they notice that something is different or something is changing. It’s really good to talk to a provider.”
Staff also will talk with women about any follow ups needed, and resources available to help. Alvarez-Landa said they know know finances are a concern, especially for people who are unsheltered, underinsured, or uninsured.
“Just getting early detection and early blood work and having those conversations with our provider to know what are our risks and how can we mitigate those before it gets too far along - because most cancers, if we can catch them early, the outcomes are better. But because we delay care because of access, that makes the prognosis poor,” she said.
Brown says Pink Monday is a perfect example of organizations coming together to ensure people aren’t overlooked.
“We want to be able to give them what they need to look good and feel good about themselves,” she said.
The ‘Pink Monday’ stop is from 9 a.m. to 3 p.m. Monday, June 13, at CRC-Lundgren, 1020 NE Forest. People also are invited to drop off bra donations at that time. SilverbackKS especially needs larger sizes and training bras.
No appointment is needed for Monday’s event, or for other Stormont Vail mobile clinic stops. The clinic also offers routine checkups and care, lab work, and care for chronic conditions for men and women. You can find the full schedule of stops for the mobile clinic here.
SilverbackKS also continues to offer meals and other services. You can learn more about that - and how to volunteer or donate to their efforts - at their web site, SilverbackKS.org.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/10/silverbackks-stormont-team-up-provide-free-bras-breast-screenings/ | 2022-06-10T03:25:29Z |
MONTREAL, June 1, 2022 /PRNewswire/ - Cannara Biotech Inc. ("Cannara" or the "Company") (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with two mega facilities based in Quebec spanning over 1,650,000 sq. ft., announced today that it has closed on a $50M credit facility led by BMO Commercial Banking. The credit facility, effective May 31, 2022, includes a three-year term loan for $45 million with an accordion for up to an additional $10 million and a $5 million line of credit. Additional favorable terms attached to the credit facility include a declining interest rate over time as the Company hits certain covenant thresholds and the ability to repay the facility without penalty at any time. Under the terms of this new credit facility, the Company will not make any principal payments for the first six months.
Cannara will use this new credit facility to repay and close all debt associated with its current credit facility and to invest capital into its Valleyfield Facility to redesign and activate new 25,000 square feet growing zones that replicate indoor growing conditions, including growing without utilizing the sun. As of May 31, 2022, the Company has activated and is currently cultivating in 5 of its 24 growing zones.
The credit facility will also be used to support capital investments for additional post-harvest packaging and processing equipment, which will be used to support the growing production capacity at the Valleyfield Facility and to operationalize the production of in-house solvent-based Cannabis 2.0 derivative products.
"We're extremely pleased to announce this new non-dilutive credit facility with our new financial partner, BMO Commercial Banking, and are proud that they chose to back Cannara as an emerging leader in the Canadian cannabis industry," stated Nicholas Sosiak, Chief Financial Officer of Cannara. "This partnership and the financing it provides strengthens our working capital position while providing the Company with necessary fire power to execute on our immediate and mid-term growth strategy, both from a production capacity and market expansion standpoint."
Cannara Biotech Inc. (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB) is a vertically integrated producer of premium-grade cannabis and cannabis-derivative products for the Québec and Canadian markets. Cannara owns two mega facilities based in Québec spanning over 1,650,000 sq. ft., providing the Company with 125,000kg of potential annualized cultivation output. Leveraging Québec's low electricity costs, Cannara's facilities produce premium-grade cannabis products at an affordable price. For more information, please visit cannara.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Cannara Biotech Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/cannara-biotech-inc-closes-50-million-credit-facility-led-by-bmo-commercial-banking/ | 2022-06-01T21:35:04Z |
- Earnings per diluted share of $0.44; $0.46 on an adjusted(1) basis
- Return on average assets of 1.03%; 1.09% on an adjusted(1) basis
- Net interest margin on FTE basis of 3.17%; 12 bp increase excluding loan fees and accretion
- Net charge-offs declined 69.3%; Provision recapture of $5.8 million
CINCINNATI, April 21, 2022 /PRNewswire/ -- First Financial Bancorp. (Nasdaq: FFBC) ("First Financial" or the "Company") announced financial results for the three months ended March 31, 2022.
For the three months ended March 31, 2022, the Company reported net income of $41.3 million, or $0.44 per diluted common share. These results compare to net income of $46.9 million, or $0.50 per diluted common share, for the fourth quarter of 2021 and $47.3 million, or $0.48 per diluted common share, for the first quarter of 2021.
Return on average assets for the first quarter of 2022 was 1.03% while return on average tangible common equity was 14.93%(1). These compare to returns on average assets of 1.16% and 1.20%, and returns on average tangible common equity of 15.11%(1) and 15.24%(1), in the fourth quarter of 2021 and the first quarter of 2021, respectively.
First quarter 2022 highlights include:
- Loan balances flat when compared to linked quarter2, excluding impact of PPP
- Net interest margin of 3.17% on a fully tax-equivalent basis(1), exceeded expectations
- Noninterest income of $41.3 million, or $41.5 million as adjusted(1)
- Noninterest expenses of $102.8 million, or $100.0 million as adjusted(1)
- Total Allowance for Credit Losses of $137.3 million; Total quarterly provision recapture of $5.8 million
- Regulatory capital ratios remain in excess of internal targets:
Archie Brown, President and Chief Executive Officer, commented, "We are pleased to announce another solid quarter of financial results which were in line with expectations. While we encountered some challenges related to mortgage banking and the wind down of PPP, the first quarter was a good start to what we expect will be a very strong year for First Financial."
Mr. Brown continued, "First quarter results included adjusted(1) earnings per share of $0.46, return on assets of 1.09% and return on tangible common equity of 15.75%. These results were driven by provision recapture of $5.8 million, resulting from strong credit quality trends and stable economic conditions, and prudent expense management."
Mr. Brown added, "Improvement in net interest margin highlighted the quarter, with basic net interest margin increasing 12 basis points. The margin benefited from the Fed rate hike and higher asset yields, which we expect to increase further as the year progresses given our asset sensitive balance sheet. In addition, credit quality trends remain excellent, evidenced by stable classified asset levels, lower net charge-offs and provision recapture."
Mr. Brown further stated, "We were also pleased with our ability to diligently manage expenses, which were in line with our expectations despite elevated heathcare costs. First quarter fee income was lower than we anticipated as rising rates negatively impacted mortgage banking revenue. While foreign exchange declined from fourth quarter levels, Bannockburn's income can vary from quarter to quarter, and we expect them to rebound in the near term."
On loan growth, Mr. Brown remarked, "Loan growth was muted in the first quarter as originations were slowed by the peak of Omicron in January and higher payoffs continued as many borrowers sold their business or underlying assets. Loan pipelines are strengthening and we are optimistic about improving loan trends as we move further into the year."
Regarding the Summit acquisition, Mr. Brown commented, "The integration of Summit continues to go as expected. Its first quarter financial performance was in line with our initial expectations, and the cultural fit has proven to be as we had hoped. Given the impact of acquisition accounting, our expectation remains that Summit's contributions will be neutral to overall 2022 financial results, and we remain bullish on the the future success of the Company."
Mr. Brown concluded, "Our first quarter results have laid a strong foundation and we believe our asset sensitive balance sheet is well-positioned for the rising rates that are expected over the course of 2022. We have made strategic efforts to diversify our product offerings in recent years, and we believe those efforts position us to deliver the industry leading services to our clients and returns our shareholders have come to expect."
Full detail of the Company's first quarter 2022 performance is provided in the accompanying financial statements and slide presentation.
Teleconference / Webcast Information
First Financial's executive management will host a conference call to discuss the Company's financial and operating results on Friday, April 22, 2022 at 8:30 a.m. Eastern Time. Members of the public who would like to listen to the conference call should dial (844) 200-6205 (U.S. toll free), (646) 904-5544 (U.S. local) or +1 (929) 526-1599 (International), access code 773559. The number should be dialed five to ten minutes prior to the start of the conference call. A replay of the conference call will be available beginning one hour after the completion of the live call at (866) 813-9403 (U.S. toll free), (929) 458-6194 (U.S. local) and +44 204 525-0658 (all other locations), access code 565117. The recording will be available until April 29, 2022. The conference call will also be accessible as an audio webcast via the Investor Relations section of the Company's website at www.bankatfirst.com. The webcast will be archived on the Investor Relations section of the Company's website for 12 months.
Press Release and Additional Information on Website
This press release as well as supplemental information are available to the public through the Investor Relations section of First Financial's website at www.bankatfirst.com.
Use of Non-GAAP Financial Measures
This earnings release contains GAAP financial measures and Non-GAAP financial measures where management believes it to be helpful in understanding the Company's results of operations or financial position. Where Non-GAAP financial measures are used, the comparable GAAP financial measures, as well as a reconciliation to the comparable GAAP financial measure, can be found in the section titled "Appendix: Non-GAAP to GAAP Reconciliation" in the accompanying slide presentation.
Forward-Looking Statements
Certain statements contained in this report which are not statements of historical fact constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as ''believes,'' ''anticipates,'' "likely," "expected," "estimated," ''intends'' and other similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. Examples of forward-looking statements include, but are not limited to, statements we make about (i) our future operating or financial performance, including revenues, income or loss and earnings or loss per share, (ii) future common stock dividends, (iii) our capital structure, including future capital levels, (iv) our plans, objectives and strategies, and (v) the assumptions that underlie our forward-looking statements.
As with any forecast or projection, forward-looking statements are subject to inherent uncertainties, risks and changes in circumstances that may cause actual results to differ materially from those set forth in the forward-looking statements. Forward-looking statements are not historical facts but instead express only management's beliefs regarding future results or events, many of which, by their nature, are inherently uncertain and outside of management's control. It is possible that actual results and outcomes may differ, possibly materially, from the anticipated results or outcomes indicated in these forward-looking statements. Important factors that could cause actual results to differ materially from those in our forward-looking statements include the following, without limitation:
- economic, market, liquidity, credit, interest rate, operational and technological risks associated with the Company's business;
- future credit quality and performance, including our expectations regarding future loan losses and our allowance for credit losses
- the effect of and changes in policies and laws or regulatory agencies, including the Dodd-Frank Wall Street Reform and Consumer Protection Act and other legislation and regulation relating to the banking industry;
- Management's ability to effectively execute its business plans;
- mergers and acquisitions, including costs or difficulties related to the integration of acquired companies;
- the possibility that any of the anticipated benefits of the Company's acquisitions will not be realized or will not be realized within the expected time period;
- the effect of changes in accounting policies and practices;
- changes in consumer spending, borrowing and saving and changes in unemployment;
- changes in customers' performance and creditworthiness;
- the costs and effects of litigation and of unexpected or adverse outcomes in such litigation;
- current and future economic and market conditions, including the effects of changes in housing prices, fluctuations in unemployment rates, U.S. fiscal debt, budget and tax matters, geopolitical matters, and any slowdown in global economic growth;
- the adverse impact on the U.S. economy, including the markets in which we operate, of the novel coronavirus, which causes the Coronavirus disease 2019 ("COVID-19"), global pandemic, and the impact on the performance of our loan and lease portfolio, the market value of our investment securities, the availability of sources of funding and the demand for our products;
- our capital and liquidity requirements (including under regulatory capital standards, such as the Basel III capital standards) and our ability to generate capital internally or raise capital on favorable terms;
- financial services reform and other current, pending or future legislation or regulation that could have a negative effect on our revenue and businesses, including the Dodd-Frank Act and other legislation and regulation relating to bank products and services;
- the effect of the current interest rate environment or changes in interest rates or in the level or composition of our assets or liabilities on our net interest income, net interest margin and our mortgage originations, mortgage servicing rights and mortgage loans held for sale;
- the effect of a fall in stock market prices on our brokerage, asset and wealth management businesses;
- a failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors or other service providers, including as a result of cyber attacks;
- the effect of changes in the level of checking or savings account deposits on our funding costs and net interest margin; and
- our ability to develop and execute effective business plans and strategies.
Additional factors that may cause our actual results to differ materially from those described in our forward-looking statements can be found in our Form 10-K for the year ended December 31, 2021, as well as our other filings with the SEC, which are available on the SEC website at www.sec.gov.
All forward-looking statements included in this filing are made as of the date hereof and are based on information available at the time of the filing. Except as required by law, the Company does not assume any obligation to update any forward-looking statement.
About First Financial Bancorp.
First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of March 31, 2022, the Company had $16.0 billion in assets, $9.2 billion in loans, $12.8 billion in deposits and $2.1 billion in shareholders' equity. The Company's subsidiary, First Financial Bank, founded in 1863, provides banking and financial services products through its six lines of business: Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance and Wealth Management. These business units provide traditional banking services to business and retail clients. Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $3.3 billion in assets under management as of March 31, 2022. The Company operated 135 full service banking centers as of March 31, 2022, primarily in Ohio, Indiana, Kentucky and Illinois, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis. Additional information about the Company, including its products, services and banking locations, is available at www.bankatfirst.com.
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SOURCE First Financial Bancorp. | https://www.wibw.com/prnewswire/2022/04/21/first-financial-bancorp-announces-first-quarter-2022-financial-results/ | 2022-04-21T20:31:16Z |
FIFA plans to announce 2026 World Cup sites on June 16
CHICAGO (AP) — FIFA intends to announce the 2026 World Cup sites during a news conference in New York on June 16. Seventeen U.S. stadiums in 16 areas remain in the bidding for the first 48-team World Cup, with the Los Angeles area submitting both SoFi Stadium in Inglewood and the Rose Bowl in Pasadena, site of the 1994 World Cup final. Three stadiums each in Canada and Mexico are expected to be used. The bid plan envisioned 16 total sites for the tournament. FIFA targeted mid-May for announcing site selections, and then pushed that back a month. | https://localnews8.com/sports/ap-national-sports/2022/05/20/fifa-plans-to-announce-2026-world-cup-sites-on-june-16/ | 2022-05-20T17:59:48Z |
Cates, Jones lead Flyers over Penguins
By AARON BRACY
Associated Press
PHILADELPHIA (AP) — Noah Cates had two goals and an assist, Martin Jones made 37 saves and the Philadelphia Flyers defeated the Pittsburgh Penguins 4-1. Morgan Frost added a goal and an assist and Travis Konecny scored an empty-netter for the Flyers, who won their second straight after losing six in a row.Sidney Crosby scored for the Penguins. | https://localnews8.com/sports/ap-national-sports/2022/04/24/cates-jones-lead-flyers-over-penguins/ | 2022-04-25T00:30:26Z |
ATLANTA, July 27, 2022 /PRNewswire/ -- Novelis Inc. will report its earnings for the first quarter fiscal year 2023 on Wednesday, August 3, 2022. Following the release, Steve Fisher, President and Chief Executive Officer, and Dev Ahuja, Chief Financial Officer, will discuss the results via a live conference call for investors at 7:00 a.m. EDT the same day. The conference call will also be webcast live via the Novelis website, with presentation materials available online at www.novelis.com/investors.
The audio portion of the meeting will be available via telephone at:
U.S. and Canada Toll-Free Number: 800 750 5849
India Toll-Free Number: 18002661057
International Toll Number: +1 212 231 2905
To view slides and participate in listen-only mode, visit the web at:
https://cc.callinfo.com/r/12r0f77q93ypv&eom
Participants should access the conference 15 minutes in advance of the start time to complete the registration process. To test the compatibility of your browser and network connections in advance, please visit: http://test.callinfo.com
Following the meeting, the webcast will be available for replay at www.novelis.com/investors.
About Novelis
Novelis Inc. is driven by its purpose of shaping a sustainable world together. We are a critical partner providing innovative aluminum solutions to customers, and the world's largest roller and recycler of aluminum. Our ambition is to be the leading provider of low-carbon, sustainable aluminum solutions and to achieve a fully circular economy by partnering with our suppliers, as well as our customers in the aerospace, automotive, beverage can and specialties industries throughout North America, Europe, Asia and South America. Novelis had net sales of $17.1 billion in fiscal year 2022. Novelis is a subsidiary of Hindalco Industries Limited, an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai. For more information, visit novelis.com.
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SOURCE Novelis Inc. | https://www.wibw.com/prnewswire/2022/07/27/novelis-host-first-quarter-fiscal-year-2023-earnings-conference-call-august-3/ | 2022-07-27T18:38:21Z |
The Operational Analytics Club, a community for data practitioners, will host a two-day, online gathering with technical sessions, sessions on using data to drive business, hackathons, and more for data professionals July 28 & 29
SAN FRANCISCO, June 14, 2022 /PRNewswire/ -- Census (www.getcensus.com), the operational analytics platform that syncs customer data from your data warehouse to all your key business tools, announced its inaugural community conference, Summer Community Days, for July 28-29. The event is part of the programming The Operational Analytics Club (www.operationalanalytics.club), a dedicated community for modern data professionals, is hosting as part of the Summer of Data '22. Summer Community Days will include industry experts speaking on technical and data-related business topics, as well as in-person happy hours in San Francisco, Calif., Denver, Colo., Chicago, Ill., Los Angeles, Calif., and Brookyln, New York.
Summer Community Days focuses on amplifying the voices of data professionals–including analytics engineers, data analysts, and data-savvy business experts–so they can learn from each other and share their knowledge with the greater data community. Programming features online workshops, lectures, and hackathons across technical and data-driven business topics, including:
- Lane one: Technical deep dives
- Lane two: Driving data in business
Data practitioners can apply to speak at Summer Community Days on any of the topics above until 11:59 pm PT June 30. Accepted submissions will receive additional support from the Operational Analytics Club's community and content team.
"The data industry and community wouldn't be what it is today without the brilliant minds and contributions of data practitioners," said Allie Beazell, director of developer marketing for Census. "Summer Community Days is an opportunity for us to give the mic and stage to those community experts, learn from each other, and grow our collective knowledge around modern data best practices (and meet some new data nerds along the way). Census and The Operational Analytics Club are thrilled to help facilitate this exchange of expertise this summer to help members of our community stand out in their careers."
To learn more about the Summer Community Days event for data practitioners, visit operationalanalytics.club/summer-community-days. To submit a topic for a 30-minute presentation, visit www.operationalanalytics.club/call-for-proposals.
For more information about the Operational Analytics Club, visit www.operationalanalytics.club.
Census turns data warehouses into a hub for business operations, empowering everyone with trustworthy and actionable data. With its reverse ETL (extract, transfer, and load) tool, data teams can validate and publish analytics directly into all their applications in real-time. Hundreds of companies like Canva, Figma, Loom, and Notion use Census to sync billions of records to empower their customer success, sales, and marketing teams. Census is backed by Andreessen Horowitz, Insight Partners, Sequoia, and Tiger Global. For more information, visit https://www.getcensus.com or follow @census on Twitter.
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SOURCE Census | https://www.mysuncoast.com/prnewswire/2022/06/14/census-operational-club-announce-summer-community-days-two-day-practitioner-first-virtual-conference-data-professionals/ | 2022-06-14T13:34:22Z |
LAS VEGAS, June 22, 2022 /PRNewswire/ -- Since our launch in April 2022, the Kanpai Panda team has provided over 20 events to Kanpai Panda holders, fulfilling the promise of delivering real-world utility. Let's get crypto off the computer and into the real world.
Some upcoming Kanpai Panda events include our party at Skyfall at the top of Delano, UFC 276, and WSOP Main Event on July 1st weekend. In August, Kanpai Pandas are hosting an event called 'Pandamonium,' a large venue in downtown Las Vegas that will feature the most prominent rap and EDM music artists . All Kanpai Panda holders are welcome.
We have leased an executive suite at Allegiant Stadium for 15 years with naming rights on upcoming events! Starting August 2022, Kanpai Panda holders will have home tickets to the upcoming Raider games throughout the year. Finally, we have suites for two exciting concerts, Imagine Dragons on September 10th at Allegiant Stadium (Vegas) and Bad Bunny on October 1st at SoFi Stadium (LA).
The Kanpai Panda team will certainly not stop here. We aim to provide more events in more places (we haven't forgotten about you, Europe). We are stoked to host more events and provide access to other exclusive events throughout the year. If you'd like to join the Kanpai Panda family, you can buy a Kanpai Panda from our website (kanpaipandas.io) or secondary marketplaces like OpenSea.
Kanpai!
MINTING LIVE at kanpaipandas.io
Twitter: https://twitter.com/KanpaiPandas
Discord: discord.gg/kanpaipandas
OpenSea: https://opensea.io/collection/kanpai-pandas
info@kanpaipandas.io
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SOURCE Kanpai Pandas | https://www.mysuncoast.com/prnewswire/2022/06/22/kanpai-pandas-announces-upcoming-events/ | 2022-06-22T20:01:12Z |
SAN FRANCISCO, Aug. 12, 2022 /PRNewswire/ -- Rodan + Fields, a leading skincare brand powered by a direct selling business, announced the second round of donations from the Youth Empowerment Fund through their support of the Prescription for Change project. Launched in August 2021, the Fund will invest a total of $5 Million USD over 3 years to empower young people to lead social and environmental change.
In 2022, donations totaling $1.55 Million USD will support 11 nonprofits to advance career readiness and life skills training, provide mental health services and foster environmental conservation across historically underserved communities in North America and Australia. Donations will go to existing partners, After School Matters, Inc, buildOn Inc., Posse Foundation, Student Energy and The Smith Family as well as new partners, Boys & Girls Club of Puerto Rico, Green Guerillas Inc., Huckleberry Youth Programs Inc., Mending Matters, Residential Youth Services & Empowerment, and Save the Bay.
Rodan + Fields' support of The Youth Empowerment Fund builds on its proud legacy of changing lives together with its Independent Consultant Community, having invested nearly $18 Million USD in nonprofit partners that have provided educational and career assistance, service learning and disaster relief to 1.7 million young people globally since 2008. The Company is proud to have donated a total of $2.8 Million USD from the Youth Empowerment Fund since 2021 to advance the Company's commitment to giving, marking that they are over halfway to their 3-year goal.
"We believe that philanthropy is a powerful tool to empower young people to become leaders and positive change agents in their communities," said Lindsay Vignoles, Director of Environmental, Social, and Governance, Rodan + Fields. "Giving back is a fundamental part of our Do Good strategy, and we are honored to support existing and new partners to create a more inclusive and sustainable future."
As social and environmental challenges continue to grow, Rodan + Fields sees its investments in young people as a part of the solution and has aligned with its mission to have a life-changing impact on people and the planet. According to Jessica Raefield, Chief Human Resources Officer, Rodan + Fields, "The next generation will inherit what the current one leaves behind. Equipping young people with the tools and resources they need to create a better tomorrow is what the Youth Empowerment Fund hopes to achieve."
To learn more about Rodan + Field's philanthropic investments, please visit rodanandfields.com.
About Rodan + Fields
Rodan + Fields was launched in 2002 and founded by Stanford-trained dermatologists Dr. Katie Rodan and Dr. Kathy Fields with the mission of providing dermatology-inspired skincare and an entrepreneurial opportunity to change lives. Rodan + Fields is the #1 Dermatologist Founded Premium Skincare Brand in North America in 2021* and the #1 Premium Skincare Regimen Brand in the U.S. for 4 consecutive years, (2018 – 2021)**. Rodan + Fields is proud of its regimen-based skincare and award-winning innovation, powerful direct selling business model and global Independent Consultant Community. Products are available through R+F Independent Consultants or on the Rodan + Fields website at rodanandfields.com.
*Source Euromonitor International Limited; Beauty and Personal Care 2022 Edition, retail value RSP terms; all channels, Premium Skincare.
**Source Euromonitor International Limited; Beauty and Personal Care 2022 Edition; all channels; Premium Skin Care Regimen includes Sets and Kits; retail value RSP terms.
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SOURCE Rodan + Fields | https://www.wibw.com/prnewswire/2022/08/12/rodan-fields-advances-commitment-do-good-donates-155-million-empower-young-people/ | 2022-08-12T15:54:53Z |
G-7 leaders mark VE Day stressing unity, support for Ukraine
LONDON (AP) — Leaders from the Group of Seven developed democracies pledged Sunday to phasing out or banning the import of Russian oil, as they met with Ukraine’s president, Volodymyr Zelenskyy, for online talks to stress their support and to display unity among Western allies on Victory in Europe Day, which marks Nazi Germany’s surrender in 1945.
Cutting out Russian oil supplies “will hit hard at the main artery of (President Vladimir) Putin’s economy and deny him the revenue he needs to fund his war,” the G-7 countries, which include the U.S., Britain, Canada, Germany, France and Italy and Japan, said in a statement.
“We will ensure that we do so in a timely and orderly fashion, and in ways that provide time for the world to secure alternative supplies,” they added.
Casting a look back at World War II, the leaders stressed unity in their resolve that Putin must not win.
“We owe it to the memory of all those who fought for freedom in the Second World War, to continue fighting for it today, for the people of Ukraine, Europe and the global community,” they said.
U.S. President Joe Biden’s call with the G7 leaders and Zelenskyy lasted about an hour.
The U.S. also announced new sanctions against Russia for its invasion of Ukraine. They include cutting off Western advertising from Russia’s three biggest television stations, banning U.S. accounting and consulting firms from providing services to any Russian, and piling additional restrictions on Russia’s industrial sector, including cutting off Moscow from wood products, industrial engines, boilers, bulldozers and more.
The White House announced the new sanctions ahead of the May 9 Victory Day, when Russia traditionally celebrates Nazi Germany’s defeat in 1945 with huge military parades.
Putin is expected to talk about what it calls its special military operation in Ukraine and address troops on Red Square on Monday.
The U.S. and European allies were seeking to offer counter-messaging that Putin is further isolating Russia from the rest of the world and doing enormous harm to the Russian economy.
The new round of U.S. sanctions will hit three of Russia’s most popular television stations in Russia – Channel One Russia, Russia-1, and NTV — that the U.S. has said have been at the forefront of spreading misinformation about Russia’s prosecution of the invasion.
The Biden administration said the new sanctions prohibiting U.S. accounting and consulting firms from doing business in Russia will help thwart Russian companies and elites from getting help to obscure their wealth and evade an avalanche of sanctions that have already been enacted.
The U.S. also said it imposed some 2,600 visa restrictions on Russian and Belarusian officials and issued a new visa restriction policy that applies to Russian military officials and authorities.
The U.S. sanctioned 27 executives from Gazprombank, a bank that facilitates sales by Russia’s Gazprom, one of the largest natural gas exporters in the world, with Europe. The sanctions are the first time that the U.S. has hit the bank that plays a critical role Russia’s considerable gas exports, but the move stops well short of the full blocking sanctions that the U.S. has hit other big Russian banks.
Ahead of the call, U.K. officials said Britain will provide an extra 1.3 billion pounds ($1.6 billion) in military support to Ukraine to help the nation defend itself against Russian forces.
The funding, which comes from British government reserves, includes 300 million pounds of military kit promised by Prime Minister Boris Johnson earlier this week, such as radar systems to target Russian artillery, GPS jamming equipment and night vision devices.
Canadian Prime Minister Justin Trudeau made a surprise visit to Ukraine Sunday, touring the northern town of Irpin, which had been heavily damaged by Russia’s attempt to take the capital of Kyiv at the start of the war. The mayor on Sunday posted images of Trudeau on social media, saying that the Canadian leader was shocked by the damage he saw at civilian homes.
Trudeau’s office later said “the prime minister is in Ukraine to meet with President Zelenskyy and reaffirm Canada’s unwavering support for the Ukrainian people.”
Jill Biden also made an unannounced visit on Sunday, holding a surprise Mother’s Day meeting in western Ukraine with first lady Olena Zelenska. Biden traveled under the cloak of secrecy, becoming the latest high-profile American to enter Ukraine during its 10-week-old war with Russia.
“I wanted to come on Mother’s Day,” the U.S. first lady told Zelenska. “I thought it was important to show the Ukrainian people that this war has to stop and this war has been brutal and that the people of the United States stand with the people of Ukraine.”
In Germany, Chancellor Olaf Scholz said in a televised address that Sunday was “a May 8th like no other.”
He said Germany has worked hard to own up to its actions during World War II, reconciling with both Russia and Ukraine and committing itself to the concept of “never again.” But Russia’s “barbaric” invasion of Ukraine in February has brought war back to Europe, Scholz said, a prospect that once seemed unthinkable.
“Freedom and security will prevail -- just as freedom and security triumphed over lack of freedom, violence and dictatorship 77 years ago,” Scholz said in his address.
German Bundestag President Bärbel Bas, the second highest-ranking German official after the president, met Sunday with Zelenskyy in Kyiv and attended a memorial event honoring the anniversary of the end of World War II.
“We really appreciate that on the Day of Remembrance and Reconciliation itself, and in what for us is such a trying time of war, the President of the German Bundestag Bärbel Bas came to support Ukraine,” said a post published Sunday on Zelenskyy’s Telegram channel.
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Madhani reported from Wilmington, Delaware. Emily Schultheis in Berlin contributed to this report.
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Follow all AP stories on the war in Ukraine at https://apnews.com/hub/russia-ukraine.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/08/g-7-leaders-mark-ve-day-stressing-unity-support-ukraine/ | 2022-05-08T19:01:53Z |
Ciao! American Kennel Club adds a breed, the bracco Italiano
NEW YORK (AP) — U.S. dog lovers, say “benvenuto” to the bracco Italiano.
The ancient Italian bird-hunting dog is the 200th member of the American Kennel Club’s roster of recognized breeds, the organization announced Wednesday. That means the handsome, powerful but amiable pointers can now go for best in show at many U.S. dog shows, including the prestigious Westminster Kennel Club event next year.
The bracco (pronounced BRAH’-koh) goes back more than two millennia in Europe but wasn’t brought to the U.S. until the mid-1990s, according to the AKC. It’s sometimes called the Italian pointer or Italian pointing dog.
The ideal bracco should be “tough and adapted to all types of hunting, reliable, docile and intelligent,” while also friendly and neither shy nor aggressive, according to the AKC’s standard for the medium-to-large breed.
“They’re very easy to live with and be around, and yet it’s like a light switch — when it’s time to jump in the back of the truck and go hunting, and they’ve got a job, they just light up like a Christmas tree,” said owner and breeder Lisa Moller of Portage, Wisconsin.
She and her husband Dale relied on Labrador retrievers as pheasant-hunting helpers before a friend introduced them to a bracco about five years ago. The couple was quickly struck by the dog’s methodical hunting style in the field and affectionate nature at home: “They’re very Velcro,” Lisa Moller said.
The dogs — the proper plural is “bracchi Italiani” — have a deep bark and readily deploy it on spotting backyard wildlife, so “they may not be the right dog for everybody,” she noted.
AKC Executive Secretary Gina DiNardo called the bracco a great companion for active families who can provide “the love and attention it needs.”
The AKC opened the nation’s oldest dog registry with a mere nine breeds in 1878. In the last decade alone, the club has added over 20 breeds, ranging from the teeny Russian toy to the powerful dogo Argentino. Criteria involve the total number and generations of registered dogs nationwide, their geographical distribution and other factors.
There remain many breeds that are registered elsewhere but not by the AKC, or aren’t formally recognized at all. Some aficionados eschew, or are torn about, the exposure that AKC recognition brings to a breed.
Animal rights activists denounce dog breeding, and they say that adding more breeds just exacerbates faddish demand for purebred pets and fuels puppy mills that feed it.
The AKC says it promotes responsible breeding aimed at preserving characteristics that equip dogs for various tasks and ease owners’ search for a pup they can live with and commit to.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/06/ciao-american-kennel-club-adds-breed-bracco-italiano/ | 2022-07-06T14:58:10Z |
The funding will be used to continue building the best CMS experience for developers and marketers who want to scale their storytelling
LINZ, Austria, May 17, 2022 /PRNewswire/ -- Storyblok, an enterprise headless content management system (CMS) that enables developers and marketers to deliver powerful content experiences on any digital platform, today announced the close of its $47M Series B financing, led by Mubadala Capital and HV Capital and joined by existing investors 3VC and firstminute capital. Storyblok previously raised $11 million.
Following the company's last funding round in February 2021, Storyblok has increased the size of its team by 500% across 38 countries and more than doubled its users, projects, and agency partners. The new funding will further accelerate product innovation, growth into the U.S. and Europe—as well as an expansion into APAC—and growth of the ecosystem of partners and apps.
The company was founded by Dominik Angerer and Alexander Feiglstorfer in 2017 during their time working at a web development agency. Their frustrating experience with traditional content management systems, and their inability to find a system that would be a good fit for both developers and content editors, inspired them to build a headless CMS that works for all users.
Storyblok is currently used by 74,000 developers and marketers from 130+ countries, building 120,000 projects. Leading brands such as Adidas, Renault, and Marc O'Polo use Storyblok to organize content and tell better stories globally and instantaneously on all channels.
"We've been big believers in Storyblok from day one, and the speed at which the company has managed to scale since our Series A investment has been remarkable. Storyblok's strong organic traction is a real testament to the quality of the product Dominik and Alex have built, and we are excited to continue our partnership with the Storyblok team," said Fatou Bintou Sagnang, Partner at Mubadala Capital Ventures.
"As a truly remote company with a global customer base, Storyblok is uniquely positioned to play a leading role in the global content management market. The company's remote-first philosophy, along with Dominik's and Alexander's vision, gives them tremendous advantages to scale their product globally at a rapid pace and quickly won our investment team over. We're delighted to be partnering with Storyblok and its innovative team to further support the company's growth ambitions," said Jannis Fett, Investment Manager at HV Capital.
Headless CMS represents the next generation of content management systems, promising a significantly higher degree of flexibility. Storyblok is the only headless CMS built for developers and marketers from the very beginning. The upcoming launch of the all-new Storyblok CMS will bring enhancements to digital asset management, visual editing, and real-time collaboration that further harmonize content operations across all teams. These updates make it even easier for enterprises to have full control of their content in a world where it needs to be everywhere at the same time: websites, mobile, IoT, the metaverse, and beyond.
"Changing the way content is managed and published online is an ambitious goal that requires the support of bold investors," said Dominik Angerer, Co-Founder and CEO of Storyblok. "HV Capital, Mubadala Capital, 3VC, and firstminute capital see the massive need and opportunity to make 'publish once, deploy everywhere' the new standard in enterprise content management."
Resources
- View Storyblok's press kit: https://www.storyblok.com/press
- See case studies: https://www.storyblok.com/case-studies
- Learn more about Storyblok: https://www.storyblok.com
- Explore career opportunities at Storyblok: https://www.storyblok.com/jobs
About Storyblok
Storyblok is a headless CMS that enables developers and marketers to deliver powerful content experiences on any digital platform. Developers create flexible components that are independently managed by content teams through a collaborative visual editor and customizable workflow. Published content is delivered through an API, so changes are made once and will appear everywhere: websites, mobile, IoT, the metaverse, and beyond. This approach reduces maintenance and makes content management more efficient. Leading brands such as Adidas, Renault, and Marc O'Polo use Storyblok to manage and share their content with the world. Storyblok was named the #1 CMS for 2022 by G2.
For more information, visit https://www.storyblok.com and follow Storyblok on LinkedIn and Twitter.
About Mubadala Capital
Mubadala Capital is the asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi. In addition to managing its own balance sheet investments, Mubadala Capital manages c. $9 billion in third-party capital vehicles on behalf of institutional investors in four of its businesses, including three private equity funds, two early stage venture funds, a public fund and a fund in Brazil focused on special situations.
About HV Capital
Since 2000 HV Capital has invested in Internet and technology companies through various generations of funds and is one of the most successful and financially strongest early-stage and growth investors in Europe. HV Capital has already invested in around 225 companies, including Zalando, Delivery Hero, FlixMobility, Depop and SumUp. The company supports startups with capital between €500,000 and €50 million. This makes HV Capital one of the few venture capitalists in Europe that can finance startups through all growth phases. To learn more about HV Capital, visit www.hvcapital.com.
Press Contact
Brandon Watts
brandon.watts@storyblok.com
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SOURCE Storyblok | https://www.wibw.com/prnewswire/2022/05/17/storyblok-raises-47m-series-b-led-by-mubadala-capital-hv-capital-make-headless-content-management-new-standard/ | 2022-05-17T07:32:12Z |
WHIPPANY, N.J., Aug. 4, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its third quarter ended June 25, 2022.
Consistent with the seasonal nature of its businesses, the Partnership typically experiences a net loss in the third quarter of its fiscal year. Net loss for the third quarter of fiscal 2022 improved to $2.5 million, or $0.04 per Common Unit, compared to a net loss of $26.0 million, or $0.41 per Common Unit, in the fiscal 2021 third quarter. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA, as defined and reconciled below) increased $5.9 million, or 25.3%, to $29.2 million for the third quarter of fiscal 2022, compared to $23.3 million in the prior year third quarter.
In announcing these results, President and Chief Executive Officer Michael A. Stivala said, "We are very pleased to report another quarter with strong year-over-year operating performance, combined with the announcement of a number of strategic initiatives and further debt reduction. In the face of a very volatile commodity price environment and inflationary conditions impacting many of our operating costs, our operations personnel continued to do an outstanding job safely meeting the needs of our customers, while effectively managing selling prices and expenses to deliver an improvement of nearly $6.0 million in Adjusted EBITDA compared to the prior year third quarter. During the quarter, we used excess cash flows to reduce debt by more than $43.0 million, bringing our total leverage metric down to 3.64x from 3.96x at the end of the prior year third quarter."
Mr. Stivala continued, "On the strategic front, we continued to advance the buildout of our renewable energy platform in support of the country's energy transition towards a lower carbon future, while also fostering the growth of our core propane business. Specifically, during the quarter we launched the first commercial sales of Propane+rDME which combines clean, versatile and abundantly available propane with the renewable, low carbon benefits of renewable dimethyl ether (rDME), produced by Oberon Fuels. We also announced further investment in our interconnected portfolio of renewable energy assets through an agreement with Adirondack Farms, in upstate New York, to produce renewable natural gas from dairy cow manure."
Concluding his remarks, Mr. Stivala stated, "In order to help accelerate the adoption of Propane+rDME, and to explore opportunities to further advance investments in the hydrogen infrastructure in the United States, we announced a collaboration agreement with Iwatani Corporation of America, a wholly owned subsidiary of Iwatani Corporation, Japan's largest distributor of propane and only fully integrated supplier of hydrogen. Finally, subsequent to the end of the quarter, we completed an acquisition of a well-run propane business in northern New Mexico, which will expand our presence in this growing market, provide synergy opportunities and support our best-in-class propane operations. Consistent with our stated strategy, we continue to utilize excess cash flow in a balanced way to make investments in our long-term strategic growth initiatives, and to further strengthen the balance sheet."
Retail propane gallons sold in the third quarter of fiscal 2022 of 75.5 million gallons decreased 1.6% compared to the prior year, primarily due to the adverse impact of historically high commodity prices on customer buying habits and demand, partially offset by cooler spring temperatures that contributed to higher heat-related demand in certain markets. In addition, volumes in the prior year third quarter benefitted from incremental outdoor heating and cooking demand associated with continued COVID-19 related government restrictions. Average temperatures (as measured by heating degree days) across all of the Partnership's service territories during the third quarter were 4% warmer than normal and 5% colder than the prior year third quarter.
Average propane prices (basis Mont Belvieu, Texas) for the third quarter of fiscal 2022 increased 43.8% compared to the prior year third quarter. Total gross margin for the third quarter of fiscal 2022 was $159.4 million, compared to $155.0 million in the prior year third quarter. Gross margin for the third quarter of fiscal 2022 included a $0.9 million unrealized loss attributable to the mark-to-market adjustment for derivative instruments used in risk management activities, compared to an $11.1 million unrealized gain in the prior year third quarter. These non-cash adjustments, which were reported in cost of products sold, were excluded from Adjusted EBITDA for both periods. Excluding the impact of the non-cash mark-to-market adjustments, total gross margin increased $16.4 million, or 11.4%, compared to the prior year third quarter, primarily due to prudent margin management during a volatile commodity price environment, as well as from the favorable impact of commodity hedges that matured during the period. The Partnership's hedging and risk management activities are intended to reduce the effect of price volatility associated with forecasted purchases of propane, and propane sold on a fixed price basis. The commodity hedges that matured during the third quarter of fiscal 2022 were principally comprised of net long positions that were favorably impacted from the significant rise in commodity prices.
Combined operating and general and administrative expenses of $130.6 million for the third quarter of fiscal 2022 increased 9.1% compared to the prior year, primarily due to higher payroll and benefit-related expenses, including higher variable compensation expense, higher vehicle lease and fuel costs, higher provisions for doubtful accounts, as well as other inflationary effects on the Partnership's operating costs.
During the third quarter of fiscal 2022, the Partnership utilized cash flows from operating activities to repay $43.1 million in debt, and make additional investments in Oberon Fuels, Inc. As a result of the debt repayment and the increase in Adjusted EBITDA during the third quarter of fiscal 2022, the Consolidated Leverage Ratio, as defined in the Partnership's credit agreement, for the trailing twelve-month period ending June 25, 2022 improved to 3.64x.
As previously announced on July 21, 2022, the Partnership's Board of Supervisors declared a quarterly distribution of $0.325 per Common Unit for the three months ended June 25, 2022. On an annualized basis, this distribution rate equates to $1.30 per Common Unit. The distribution is payable on August 9, 2022 to Common Unitholders of record as of August 2, 2022.
About Suburban Propane Partners, L.P.
Suburban Propane Partners, L.P. ("Suburban Propane") is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 states. Suburban Propane is supported by three core pillars: (1) Suburban Commitment – showcasing Suburban Propane's 90+ year legacy, and ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores Suburban Propane's commitment to excellence in customer service; (2) SuburbanCares – highlighting continued dedication to giving back to local communities across Suburban Propane's national footprint; and (3) Go Green with Suburban Propane – promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and developing the next generation of renewable energy. For additional information on Suburban Propane, please visit www.suburbanpropane.com.
Forward-Looking Statements
This press release contains certain forward-looking statements relating to future business expectations and financial condition and results of operations of the Partnership, based on management's current good faith expectations and beliefs concerning future developments. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those discussed or implied in such forward-looking statements, including the following:
- The impact of weather conditions on the demand for propane, fuel oil and other refined fuels, natural gas and electricity;
- Volatility in the unit cost of propane, fuel oil and other refined fuels, natural gas and electricity, the impact of the Partnership's hedging and risk management activities, and the adverse impact of price increases on volumes sold as a result of customer conservation;
- The impact of the COVID-19 pandemic and the corresponding government response, including the impact across the Partnership's businesses on demand and operations, as well as on the operations of the Partnership's suppliers, customers and other business partners, and the effectiveness of the Partnership's actions taken in response to these risks;
- The ability of the Partnership to compete with other suppliers of propane, fuel oil and other energy sources;
- The impact on the price and supply of propane, fuel oil and other refined fuels from the political, military or economic instability of the oil producing nations, including the Russia/Ukraine conflict, global terrorism and other general economic conditions, including the economic instability resulting from natural disasters such as pandemics, including the COVID-19 pandemic;
- The ability of the Partnership to acquire sufficient volumes of, and the costs to the Partnership of acquiring, transporting and storing, propane, fuel oil and other refined fuels;
- The ability of the Partnership to acquire and maintain reliable transportation for its propane, fuel oil and other refined fuels;
- The ability of the Partnership to attract and retain employees and key personnel to support the growth of our business;
- The ability of the Partnership to retain customers or acquire new customers;
- The impact of customer conservation, energy efficiency and technology advances on the demand for propane, fuel oil and other refined fuels, natural gas and electricity;
- The ability of management to continue to control expenses and manage inflationary increases in fuel, labor and other operating costs;
- The impact of changes in applicable statutes and government regulations, or their interpretations, including those relating to the environment and climate change, derivative instruments and other regulatory developments on the Partnership's business;
- The impact of changes in tax laws that could adversely affect the tax treatment of the Partnership for income tax purposes;
- The impact of legal proceedings on the Partnership's business;
- The impact of operating hazards that could adversely affect the Partnership's operating results to the extent not covered by insurance;
- The Partnership's ability to make strategic acquisitions and successfully integrate them;
- The ability of the Partnership and any third-party service providers on which it may rely for support or services to continue to combat cybersecurity threats to its networks and information technology;
- The impact of current conditions in the global capital and credit markets, and general economic pressures;
- The operating, legal and regulatory risks the Partnership may face; and
- Other risks referenced from time to time in filings with the Securities and Exchange Commission ("SEC") and those factors listed or incorporated by reference into the Partnership's Annual Report under "Risk Factors."
Some of these risks and uncertainties are discussed in more detail in the Partnership's Annual Report on Form 10-K for its fiscal year ended September 25, 2021 and other periodic reports filed with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's view only as of the date made. The Partnership undertakes no obligation to update any forward-looking statement, except as otherwise required by law.
EBITDA and Adjusted EBITDA are not recognized terms under accounting principles generally accepted in the United States of America ("US GAAP") and should not be considered as an alternative to net income or net cash provided by operating activities determined in accordance with US GAAP. Because EBITDA and Adjusted EBITDA as determined by us excludes some, but not all, items that affect net income, they may not be comparable to EBITDA and Adjusted EBITDA or similarly titled measures used by other companies.
The following table sets forth our calculations of EBITDA and Adjusted EBITDA:
We also reference gross margins, computed as revenues less cost of products sold as those amounts are reported on the condensed consolidated financial statements. Our management uses gross margin as a supplemental measure of operating performance and we are including it as we believe that it provides our investors and industry analysts with additional information that we determined is useful to evaluate our operating results. As cost of products sold does not include depreciation and amortization expense, the gross margin we reference is considered a non-GAAP financial measure.
The unaudited financial information included in this document is intended only as a summary provided for your convenience, and should be read in conjunction with the complete consolidated financial statements of the Partnership (including the Notes thereto, which set forth important information) contained in its Quarterly Report on Form 10-Q to be filed by the Partnership with the SEC. Such report, once filed, will be available on the public EDGAR electronic filing system maintained by the SEC.
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SOURCE Suburban Propane Partners, L.P. | https://www.mysuncoast.com/prnewswire/2022/08/04/suburban-propane-partners-lp-announces-third-quarter-results/ | 2022-08-04T12:06:56Z |
Amid increasing changes in online behavior and expanding data privacy regulations, the report reveals why customer data should be at the core of every businesses' future plans.
SAN DIEGO, June 22, 2022 /PRNewswire/ -- Tealium, the most trusted and world's largest independent customer data platform (CDP), today released an "Organization of the Future" report outlining how companies can organize their teams to drive optimal customer experiences. The report includes ten different org charts showcasing varying departmental structures for companies to consider.
Companies across the globe are looking for ways to better gather, organize, and activate customer data effectively so they can improve business outcomes. They require scalable solutions they can trust with a quick path to value. CDPs help brands achieve this by connecting customer data, unifying and improving it with overlaid machine learning predictions to create the best possible customer experiences, all in real time.
"The evolution of data will only continue to grow from here. Smart data management is no longer just a benefit for organizations, it's a necessity," said Heidi Bullock, Chief Marketing Officer at Tealium. "We are excited to launch the 'Organization of the Future' report and help companies make a seamless transition for both people and processes."
The report highlights many factors the interviewed companies considered when successfully implementing a CDP. Establishing open lines of communication across your company in advance and widely broadcasting successes quickly following the implementation are some of these. "One major reason to publicize success [from your CDP] is to get other departments to come on board and use the CDP. They have to collect the success metrics to show these teams how it benefits their own interests," said David Raab, Founder and CEO of the CDP Institute.
The "Organization of the Future" report provides companies with the tools needed to structure teams around customer data, including:
- 5 Reasons Why Customer Data and CDPs Are Critical Now
- Preparing to Bring a Customer Data Platform Into Your Organization
- 10 Organizational Charts for a Maximized Customer Data Platform
- Factors That Impact the Structure of the CDP Teams
- How to Get Started Building Your Team and Tips for Finding Talent
To inform this report, Tealium interviewed analysts, agency partners and more than ten global organizations, including companies from different industries and sizes to incorporate a variety of business optimizations.
The full "Organization of the Future" report can be found here.
Tealium connects customer data – spanning web, mobile, offline, and IoT devices — so brands can connect with their customers. Tealium's turnkey integration ecosystem supports more than 1,300 client-side and server-side vendors and technologies, empowering brands to create a unified, real-time customer data infrastructure. The Tealium Customer Data Hub encompasses tag management, an API hub, a customer data platform with machine learning, and data management solutions that make customer data more valuable, actionable, and secure. More than 850 businesses worldwide trust Tealium to power their customer data strategies. For more information, visit www.tealium.com.
Media Contact: Lauren Snedden, lauren.snedden@tealium.com
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SOURCE Tealium | https://www.wibw.com/prnewswire/2022/06/22/tealium-releases-organization-future-report-detailing-how-structure-teams-around-optimal-customer-experiences/ | 2022-06-22T09:37:27Z |
The latest internet conversation connected to the film "Don't Worry Darling" involves stars Harry Styles, Chris Pine and an (alleged) spit-take.
In footage from the Venice Film Festival on Monday, now widely circulated on social media, Styles is seen approaching Pine to take a seat next to the actor at a screening of the thriller. As Styles quickly moves to his seat, he makes a subtle "puh" motion with is mouth, suggesting he may have spit. Pine looks down at his lap, pauses his applause, then shakes his head and grins as if there may have been some kind of joke between the two stars.
Others argue that nothing can be seen coming out of Styles mouth.
CNN has reached out to representatives for the actors for comment.
It's the most recent movie-campaign moment to raise speculation things are not all love between those involved with the project.
There were, however, plenty of smiles from the cast at Monday's festivities.
Pine was seen on the red carpet, charmingly taking photos with a disposable camera of the film's star, Florence Pugh. Styles planted a friendly kiss on co-star Nick Kroll during a lengthy standing ovation for the film after the screening.
People on social media were quick to point out there wasn't much public interaction between "Don't Worry Darling" director Olivia Wilde and Pugh, but Wilde had nothing but praise for the actress.
"Florence is a force," Wilde said a press conference earlier Monday. "I can't say enough how honored I am to have her as our lead. She's amazing in the film."
The director was asked about reports she and Pugh have experienced a falling out.
"As for all the endless tabloid gossip and all the noise out there, I mean, the internet feeds itself," Wilde said. "I don't feel the need to contribute. I think it's sufficiently well-nourished."
Indeed. During that same press conference, Pine appeared to be distracted at times, which led Twitter to dub his appearance there as "Chris Pine astral projecting."
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Balance-training app helps prevent falls, reduce emergency room visits and inpatient admissions, and improve quality of life
OAKLAND, Calif., Aug. 23, 2022 /PRNewswire/ -- Blue Shield of California's Wellvolution platform has introduced a new, easy-to-use digital training app called Nymbl that helps aging Baby Boomers improve their balance and prevent falls, so they can better maintain their mobility and independence.
Nymbl is a digital fall-prevention program that combines cognitive-behavioral education and dual-task balance training. The program is available on Blue Shield's Wellvolution platform, which offers evidence-based lifestyle medicine and behavioral-health therapeutic solutions to its members at no additional cost and is powered by Solera Health. Nymbl is available to people enrolled in Blue Shield of California's Medicare Advantage and Medicare Supplement plans.
"As people age, their balance reflex starts to decline, which means they cannot catch themselves quickly and prevent a fall," said Angie Kalousek-Ebrahimi, senior director of Lifestyle Medicine at Blue Shield. "We see an increasing number of incidents from members who need emergency medical services and hospital stays after falling."
Falls are the leading cause of death by injury in people 65 and older, creating fear among many seniors that result in reduced mobility, depression, and social isolation. According to Nymbl, more than 70% of seniors are worried about falling and 90% want home-based fall-prevention solutions.
"We created Nymbl to meet the primary concern of older adults – improving or maintaining their mobility so they can stay in their homes and age in place," said Ed Likovich, CEO of Nymbl. "Our patented program trains balance as a reflex, so it's there when it's needed. Older adults can access our program in the comfort of their own homes and complete their daily training in just 10 minutes."
"We are pleased Blue Shield of California has added our falls prevention program through our partnership with Nymbl," said Mary Langowski, CEO, Solera Health. "Helping aging members stave off injuries from falling helps maintain their quality of life and aligns with our mission of making the best health solutions accessible and convenient for consumers."
Nymbl has resulted in improved quality of care and results for members, according to Kalousek-Ebrahimi. These results are also included in the Medicare Health Outcomes Survey, which is part of the Medicare Star ratings. In a 2022 survey of Nymbl participants who took part in the Medicare Health Outcomes Survey:
- 72% reported discussing falls with their doctor vs. national average of 45% on the Falls Risk Management measure.
- 38% of participants reported increased moderate activity and 36% reported improvement in Activities of Daily Living (ADLs), which align with Monitoring Physical Activity and Improving or Maintaining Physical Health measures.
- 34% of members reported feeling calmer and more peaceful, 37% reported that they have more energy, and 20% reported more social engagement, impacting measures for Improving or Maintaining Mental Health.
The Medicare Health Outcomes Survey gathers valid, reliable, and clinically meaningful health data from the Medicare Advantage program. All managed-care organizations with Medicare contracts must participate in the survey.
About Blue Shield of California
Blue Shield of California strives to create a healthcare system worthy of its family and friends that is sustainably affordable. Blue Shield of California is a tax-paying, nonprofit, independent member of the Blue Shield Association with 4.7 million members, 7,800 employees, and $22.9 billion in annual revenue. Founded in 1939 in San Francisco and now headquartered in Oakland, Blue Shield of California and its affiliates provide health, dental, vision, Medicaid, and Medicare healthcare service plans in California. The company has contributed $120 million to Blue Shield of California Foundation in the last three years to have an impact on California communities. For more news about Blue Shield of California, please visit news.blueshieldca.com. Or follow us on LinkedIn, Twitter, or Facebook.
About Nymbl Science
Nymbl Science empowers older adults to age well by improving mobility. Nymbl's evidence-based fall prevention program includes two primary components, each using clinical gold standard techniques to drive improved health outcomes. The program has demonstrated industry-winning engagement rates, improvement in older adults' confidence in their balance, addition of novel health behaviors, and a 35% reduction in fall-related claims. Visit https://nymblscience.com/ for more information about the company and its programs.
About Solera Health
Solera Health is committed to changing lives by guiding people seamlessly to better health solutions while providing payers and employers the tools to manage providers and outcomes across conditions. Solera's platform provides a marketplace of curated networks of digital and community point solutions focused on intensive, evidence-based lifestyle, behavioral and social interventions to impact the most prevalent and costly chronic conditions. Solera strategically matches consumers to their best-fit solution and helps keep them engaged for successful health outcomes. To learn more about Solera's partnerships and offerings, or how we can help member populations, contact us today at www.soleranetwork.com.
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SOURCE Blue Shield of California | https://www.wibw.com/prnewswire/2022/08/23/aging-baby-boomers-learn-prevent-falls-with-nymbl-new-app-blue-shield-californias-wellvolution-platform/ | 2022-08-23T16:41:16Z |
Price Simulator Makes It Easy For Medical Practices To Comply With No Surprises Act And Get Leads
SEATTLE, May 24, 2022 /PRNewswire/ -- Earlier this year, the No Surprises Act came into effect. This new law protects patients from receiving surprise medical bills due to inadvertently receiving out of network care or other circumstances. Not only does this apply to traditional doctor's offices, but cosmetic and plastic surgery offices are also affected. Practices must provide good faith estimates which detail the expected cost of care. Price Simulator does this automatically and does require any initial interaction with the practice.
Price Simulator is a web application installed on an existing medical practice's website. It engages the patient via an easy-to-use interface where the patient can add all of the procedures they are interested in. When they finish, they supply contact information and receive their quote on the web page and via email and text.
This fulfills two vital functions for any successful practice. First, it makes them compliant with the No Surprises Act without too much work on their part. Price Simulator also contains all necessary disclaimers. Prices can be changed and updated at any time. Secondly, Price Simulator provides the practice with leads they can follow up on. The practice receives at least two forms of contact information: phone number and email.
One plastic surgeon who currently uses Price Simulator says, "It is great knowing that my practice is compliant with the new act and I've never had more leads than after I got Price Simulator."
Price Simulator can apply to several medical specialties including plastic surgery, cosmetic surgery, dermatology, and medical spas. Offering a free 30-day, no-commitment trial, Price Simulator is only $199 per month. It is fully customized to fit your practice and website.
About Price Simulator: Price Simulator (https://pricesimulator.com/) is a web app that allows medical practices to easily become compliant with the No Surprises Act. It doubles as a lead generation tool and installs on your existing website. Created by industry professionals, Price Simulator is specifically designed for the cosmetic surgery, plastic surgery, and medical spa industries.
Contact: Tyler Birch
Phone: 206-973-7865
Email: tylerbirch@realdrseattle.com
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SOURCE Price Simulator | https://www.wibw.com/prnewswire/2022/05/24/become-compliant-with-no-surprises-act-with-price-simulator/ | 2022-05-24T16:06:38Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Apyx investors who were adversely affected by alleged securities fraud between May 12, 2021 and March 11, 2022. Follow the link below to get more information and be contacted by a member of our team:
APYX investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) 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; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Apyx during the relevant time frame, you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/07/21/apyx-lawsuit-alert-levi-amp-korsinsky-notifies-apyx-medical-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-21T11:06:42Z |
DALLAS (KDAF) — Less heat and more rain are expected as the work week continues and August comes to an end before Labor Day weekend in North Texas.
Rain will be in the forecast for some of North Texas on Wednesday but less coverage is expected than what the region saw on Tuesday.
The center said, “Heavy rain will occur as the atmosphere is moisture-rich and humid, and some localized flooding may occur. However, this will NOT be a heavy rain similar to the heavy rain event we had last week where up to 15″ of rain fell in some areas. Rainfall totals with this event will range up to 2-3 inches in isolated areas.”
A quick look at Thursday through Saturday more rain is expected to show up across the region as the new month begins. Scattered to numerous storms and cooler temps are expected; be weather aware as heavy rain and some flooding could be possible.
“Unsettled weather will continue Wednesday through Friday with scattered to numerous showers and storms along with below normal temperatures. The best rain chances will be on Wednesday with a gradual decrease in storm chances through the end of the week. Afternoon highs will be below seasonal normals, ranging from the mid 80s to around 90,” NWS Fort Worth said.
Lastly, the center takes a quick look at the weekend weather, “The weather Saturday and Sunday will be partly to mostly sunny with isolated to scattered showers and thunderstorms. The best storm chances will be across Central Texas on Sunday afternoon. Temperatures will remain slightly below seasonal normals with highs from the mid 80s to the lower 90s.” | https://cw33.com/news/local/wet-cool-weather-expected-in-north-texas-on-wednesday-into-holiday-weekend/ | 2022-08-31T16:29:07Z |
MEMPHIS, Tenn. (WREG) — A man has been charged with kidnapping and evading arrest after officers say the victim begged for help from a KFC employee.
Officers responded on Saturday to a kidnapping call at KFC in Memphis, where a worker at the restaurant told them a woman had left a note begging for help. The employee gave a description of the woman and the man she was with.
Police soon found the victim and a man who matched the worker’s description. Court documents said the man, 23-year-old Diego Glay, refused to obey officers’ commands and took off running.
Glay was soon caught and taken into custody.
The victim told police that Glay was her boyfriend and that he had been holding her against her will. She said Glay has previously punched her in the face.
Investigators learned that the woman had come to visit Glay from Baltimore. Glay was looking through her phone and got upset upon finding a video of her with an ex-boyfriend. Afterward, the woman bought a train ticket back to Baltimore, but Glay allegedly found out and wouldn’t let her go, holding her “physically against her will with physical assaults, threats, and being armed with a handgun,” Memphis police said.
Officers said Glay also took the victim’s phone and kept her from leaving his sight for days at a time. He and the woman went from hotel to hotel, according to police.
Glay is currently being held at a Memphis jail facility on $35,000 bond, according to Shelby County records. He is expected to appear in court Tuesday. | https://cw33.com/news/national/nexstar-media-wire/kidnapping-victim-passes-note-to-kfc-worker-begging-for-help/ | 2022-05-17T20:18:23Z |
Enhanced business structure to provide more flexibility and autonomy, promoting value generation and strengthening customer relationships
SÃO PAULO, June 22, 2022 /PRNewswire/ -- Zenvia Inc. ("ZENVIA" or "Company") (NASDAQ: ZENV), the leading cloud-based CX communications platform in Latin America empowering companies to transform their existing communications with end customers along their life cycle, announced today that will be implementing changes in the corporate structure following the accelerated growth of its SaaS business.
The Company has focused on strengthening its three existing business lines: SaaS, CPaaS, and Consulting. To fully capture the potential created with the successful integration of D1 Smarkio and ongoing integration and optimization of Movidesk and SenseData, ZENVIA is tactically reorganizing its structure to allow for more autonomy when it comes to revenue generation activities by having teams exclusively dedicated to each business line.
As a result, Raphael Godoy, our former CMO, will become SaaS Chief Revenue Officer (CRO). Cristiano Franco will be CPaaS CRO, and Luca Bazuro will become the Consulting business line CRO. The Consulting business, resulting from the D1 Smarkio integration, will now support the adoption of Zenvia's SaaS and CPaaS products by the corporate market.
Raphael, Luca, and Cristiano will report to Cassio Bobsin, ZENVIA's founder and CEO. Rogério Perez, former CX Services Executive Director, will now report directly to Raphael Godoy.
Shay Chor, current Investor Relations Officer, will become ZENVIA'S Chief Financial Officer (CFO), combining financial, legal, and investor relations departments, and will report directly to Cassio Bobsin. Mariana Cambiaghi will remain as Finance Executive Director, responsible for accounting, financial controls & processes, and treasury. Mrs. Cambiaghi will report directly to Shay Chor, as will Laura Hirata, who remains the General Counsel.
Additional ZENVIA's executive team members reporting directly to Cassio Bobsin include Gabriela Vargas, who will become Chief Marketing Officer (CMO), comprising Strategy, Business Excellence, and Institutional Marketing; Lilian Lima, Chief Technology Officer (CTO), responsible for IT and Products; and Katiuscia Teixeira, Chief Human Resources Officer (CHRO), to lead People and Culture areas.
"This new organizational chart follows a natural and much needed evolution of our company's structure following the tremendous growth recorded in value-added solutions. We have strengthened our strategy as a customer experience platform and will now have a business structure dedicated to each respective target market. This strategic decision will unlock the true potential of what we have accomplished in the past two years, and will ignite us to continue creating unique experiences for the end consumer," said Cassio Bobsin, ZENVIA's CEO.
"I am honored to have the opportunity to further support ZENVIA's transformation and am confident that we will maintain the track record of delivering excellent results as we have done since the IPO, despite the challenging macro environment. We believe that this organizational change will better position us for a strong business expansion, especially in the SaaS area, and that our teams' size and structures are adequate to support this growth," says Shay Chor, ZENVIA's CFO.
About ZENVIA
ZENVIA is driven by the purpose of empowering companies to create unique experiences for customer communications through its unified end-to-end platform. ZENVIA empowers companies to transform their existing customer communications from non-scalable, physical, and impersonal interactions into highly scalable, digital first and hyper contextualized experiences across the customer journey. ZENVIA's unified end-to-end CX communications platform provides a combination of (i) SaaS focused on campaigns, sales teams, customer service and engagement, (ii) tools, such as software application programming interfaces, or APIs, chatbots, single customer view, journey designer, documents composer and authentication, and (iii) channels, such as SMS, Voice, WhatsApp, Instagram and Webchat. Its comprehensive platform assists customers across multiple use cases, including marketing campaigns, customer acquisition, customer onboarding, warnings, customer services, fraud control, cross-selling and customer retention, among others. ZENVIA's shares are traded on Nasdaq, under the ticker ZENV.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Zenvia's control.
Zenvia's actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: our ability to innovate and respond to technological advances, changing market needs and customer demands, our ability to successfully acquire new businesses as customers, acquire customers in new industry verticals and appropriately manage international expansion, substantial and increasing competition in our market, compliance with applicable regulatory and legislative developments and regulations, the dependence of our business on our relationship with certain service providers, among other factors.
Contacts
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SOURCE Zenvia | https://www.wibw.com/prnewswire/2022/06/22/zenvia-announces-evolution-its-business-structure/ | 2022-06-22T12:52:52Z |
Neosec threat hunters from the "ShadowHunt" team jumpstart the API Security process quickly and help build the knowledge in today's overstretched security teams.
PALO ALTO, Calif., June 2, 2022 /PRNewswire/ -- Neosec, the pioneer in discovering and identifying API threats using behavioral analytics, today announced the availability of ShadowHunt, an expert-staffed managed threat hunting service to augment its platform with human oversight from active threat hunters to identify the most clandestine and obfuscated API abuse. Borrowing from threat hunting capabilities in EDR and XDR, Neosec brings similar techniques to API security. ShadowHunt gives security teams peace of mind that API security experts are examining abnormal behavior on their API estate.
Combining the ShadowHunt service with the Neosec cloud-based platform enables organizations to manage the increasing risk to core business systems, assets and data from manipulation, theft or misuse. The service is ideal for companies where security teams are short-staffed or lack the expertise needed to identify threats in business API traffic, because APIs are increasingly used to connect important business systems to customers, suppliers, and partners.
"The increasing potential for insiders or attackers to utilize business APIs for criminal or malicious gain requires a new level of scrutiny and sophistication," said Giora Engel, co-founder and chief executive officer, Neosec. "The new ShadowHunt service augments our platform with an expert team to monitor API usage and hunt for fraud, abuse or critical vulnerabilities without any drain on an organization's existing security team."
Rather than focusing only on vulnerabilities within APIs, the Neosec platform addresses the problem by first automatically and continually identifying all APIs a company has in use, evaluating their risk posture and monitoring user behavioral anomalies that could involve data theft or other misuse. Most companies lack a complete API inventory, let alone understand the nature of normal API usage. Few have the ability to monitor their APIs to mitigate loss or detect abuse of business processes, financial assets and data within their APIs. Now, the ShadowHunt service can augment use of the Neosec platform with a team of experts to respond to findings quickly, investigate potential threats and recommend immediate remediation and actions.
Besides the incidents and alerts provided by the dedicated expert team of threat hunters, the ShadowHunt service also includes a monthly report to summarize findings and investigations performed by the team, news of emerging API threats discovered by Neosec across many different companies and notable changes in the use and operation of APIs currently employed by a company. The service also includes full "Ask the Experts" access to the team of threat hunters.
The ShadowHunt service and the Neosec platform together provide an effective way to quickly incorporate full monitoring and investigation of anomalous business API usage without impacting existing security operations and team workload. The combination can add protection against vulnerability exploits and API business abuse quickly and transparently.
For more information:
- Read more: ShadowHunt Managed Threat Hunting
- Datasheet: ShadowHunt Managed Threat Hunting
Neosec is re-inventing application security with a powerful platform that unifies security and development teams to protect modern applications from threats. The foundation of the SaaS platform is built on data and analytics to manage security at scale. Neosec prevents threats from abusing the complex network of APIs that connect today's businesses. The platform helps organizations discover every API and audit risk. Neosec has pioneered the use of behavioral analytics to understand normal versus abnormal API usage and delivers powerful threat hunting capabilities together with a team of expert threat hunters. Neosec prevents threats and stops abuse hiding within APIs and brings new intelligence to application security. Neosec is based in Palo Alto, California with R&D in Tel Aviv, Israel. To learn more, visit Neosec.com.
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SOURCE Neosec | https://www.mysuncoast.com/prnewswire/2022/06/02/neosec-introduces-industry-first-expert-managed-threat-hunting-service-detecting-investigating-api-abuse-vulnerabilities/ | 2022-06-02T17:22:32Z |
Platform insights are generating a growing pipeline of small molecule drugs and genetic therapeutics
Company will initially focus on oncology, fibrosis, and autoimmune disorders
CAMBRIGDE, Mass., May 18, 2022 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, today announced the unveiling of a new company – Sonata Therapeutics – to develop novel medicines for a wide range of serious diseases based on understanding and re-engineering the cellular microenvironment.
Despite the recognized importance of the microenvironment to biology and disease, the networks of its inputs, constituents, and targets have never been fully characterized or understood. Sonata's product-platform creates drugs based on a systematic, comprehensive characterization of the microenvironment in diseases with high unmet medical need.
Through its pioneering science, Sonata identifies new targets for therapeutics that induce the release of a programmed diversity of signals that drive curative microenvironments. Sonata uses a combination of proprietary pharmacologic and genetic perturbations, high-throughput and co-culture assays, phenotypic analyses, and machine learning, to enable target discovery.
Sonata is generating a growing pipeline of small molecule drugs and genetic therapeutics. Currently, the company's pipeline includes six preclinical programs that address a broad range of oncologic indications, as well as exploratory efforts in fibrosis and autoimmune disorders.
"Sonata is taking an exciting and innovative approach to unlocking the enormous value potential of the cellular microenvironment," said Doug Cole, M.D., Managing Partner at Flagship and Chairman of Sonata's Board of Directors. "It has the scale, technology, and team to translate the longstanding promise of the microenvironment into therapeutics that help patients with serious diseases."
Sonata Therapeutics was formed by combining two Flagship companies, Inzen Therapeutics and Cygnal Therapeutics, and builds on each company's pioneering work characterizing different inputs into the cellular microenvironment and their roles in causing disease, and developing therapeutic strategies based on these insights.
Noubar Afeyan, Ph.D., Flagship Pioneering Founder and CEO, added, "Flagship's focus on pioneering breakthroughs in human health, is embodied in the groundbreaking work of both Inzen and Cygnal. As the companies grew and their science advanced, their shared vision to reprogram the cellular microenvironment became clear. Sonata combines the expertise, resources, and vision of both companies to build a single stronger entity."
Former Inzen Chief Executive Officer, Volker Herrmann, M.D., has taken on the role of Sonata's CEO. Former Cygnal CEO, Pearl Huang, Ph.D., recently announced her departure from the company to pursue new opportunities.
Volker Herrmann, M.D., Sonata CEO and Flagship Pioneering CEO-Partner added, "Remodeling the microenvironment requires the simultaneous control of a diversity of signals. Sonata Therapeutics' unique approach harnesses these signals to develop curative treatments for serious diseases. I look forward to overseeing and accelerating Sonata's growth and its transformative approach to medicine."
About Sonata Therapeutics
Sonata Therapeutics is revolutionizing the world's understanding of the cellular microenvironment and its importance to human biology and disease. Sonata's product-platform creates drugs based on a systematic, comprehensive characterization of the microenvironment in diseases with high unmet medical need. Through its pioneering science, Sonata identifies new targets for therapeutics that induce the release of a programmed diversity of signals that drive curative microenvironments. Sonata is generating a growing pipeline of small molecule drugs and genetic therapeutics, with preclinical programs that address a broad range of oncologic indications, as well as exploratory efforts in fibrosis and autoimmune disorders. Sonata was founded in 2022 by Flagship Pioneering. For more information, visit SonataTx.com.
About Flagship Pioneering
Flagship Pioneering conceives, creates, resources, and develops first-in-category bioplatform companies to transform human health and sustainability. Since its launch in 2000, the firm has, through its Flagship Labs unit, applied its unique hypothesis-driven innovation process to originate and foster more than 100 scientific ventures, resulting in more than $100 billion in aggregate value. To date, Flagship has deployed over $2.9 billion in capital toward the founding and growth of its pioneering companies alongside more than $19 billion of follow-on investments from other institutions. The current Flagship ecosystem comprises 41 transformative companies, including Axcella Therapeutics (Nasdaq: AXLA), Codiak BioSciences (Nasdaq: CDAK) Denali Therapeutics (Nasdaq: DNLI), Evelo Biosciences (Nasdaq: EVLO), Foghorn Therapeutics (Nasdaq: FHTX), Indigo Ag, Moderna (Nasdaq: MRNA), Omega Therapeutics (Nasdaq: OMGA), Rubius Therapeutics (Nasdaq: RUBY), Sana Biotechnology (Nasdaq: SANA), Seres Therapeutics (Nasdaq: MCRB), and Sigilon Therapeutics (Nasdaq: SGTX).
Media Contact:
Jason Braco
LifeSci Communications
646.751.4361
jbraco@lifescicomms.com
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SOURCE Flagship Pioneering | https://www.wibw.com/prnewswire/2022/05/18/flagship-pioneering-unveils-sonata-therapeutics-harness-cellular-microenvironments-treatment-serious-diseases/ | 2022-05-18T12:37:22Z |
Salt Lake City becomes 7th market with one-of-a-kind employer health center solution
INDIANAPOLIS, Aug. 9, 2022 /PRNewswire/ -- Marathon Health, a national leader in employer health solutions for companies of all sizes, today announces the opening of its newest Network in Salt Lake City. The first health center, located in Draper Peaks, opens this month with more locations to follow from Ogden to Provo. Salt Lake City becomes the 7th market to provide this unique offering to local employers, joining Indianapolis; Charlotte, N.C.; Cincinnati; Columbus, Ohio; Las Vegas and Orlando, Fla.
"We love partnering with employers to design and deliver a totally different healthcare experience," said Jeff Wells, MD, CEO and co-founder of Marathon Health. "Our ability to flex and implement a solution that meets each employer's unique needs is critical, especially now as they face once-in-a-generation shifts in workplace culture."
Longtime client CHG Healthcare, based in Midvale, Utah will expand its onsite health center to include Network access for all employees and their dependents. "We're thrilled to offer another innovative solution that offers flexibility and choice for our people," said Anne Hopkins, Director of People & Operations, Benefits and Wellness for CHG Healthcare. "The Network center will provide extended hours so that our people and their families have another option for free healthcare in our hybrid work environment. Over the past 10 years, our partnership with Marathon Health has allowed us to continue to build better healthcare for our people."
Onsite health centers, which operate at an employer's place of business, are a great solution when there is a large concentration of employees in one place. For those with a hybrid workforce or with smaller concentrations across multiple offices, the Marathon Health Network is a great alternative. Network centers are located in popular areas where the employees and their families live, work and shop. That convenient access drives higher engagement, which in turn drives healthier behaviors and financial savings for the employee and the employer. This care model provides a turnkey health solution staffed with world-class providers, behavioral health counselors, onsite medications and labs, health coaches and incentive programming.
Marathon Health delivers an independent primary care model that gives providers extra time to build relationships with their patients and remains free of any hospital or health system partnership. This unique model includes multichannel access which is critical in delivering true primary care. Marathon Health's data-driven approach also gives employers comprehensive reporting and analytics to demonstrate the value of improvements and overall cost of care.
Marathon Health patients save their employers $2,000 on average annually and report better management of chronic conditions and their overall health. To date, Marathon Health has saved its clients more than $1 billion in healthcare costs.
Local employers, benefit consultants and healthcare professionals are invited to attend the grand opening of our Draper Peaks location at 131 East 12300 S. Unit R400 in Draper on August 23, 2022, from 8:30 – 10:30am. Tour the health center, meet the care team and learn more about providing this cost-saving benefit for your employees.
Marathon Health partners with employers to deliver a healthcare experience that's convenient and focused on driving real behavior change that results in better health outcomes and financial savings. Employers save an average of $2,000 for each employee who engages with Marathon Health, with the average company saving around $11 million. Marathon Health delivers its advanced primary care solution across more than 250 onsite, Network and virtual health centers in 42 states. Marathon Health was named Best in KLAS 2021 and 2020 for its excellence in Worksite Health Services. For more information, please visit www.marathon-health.com.
MEDIA CONTACTS:
Contact: Shelly Towns for Marathon Health
stowns@marathon-health.com
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SOURCE Marathon Health | https://www.kxii.com/prnewswire/2022/08/09/marathon-health-continues-expansion-with-new-network-salt-lake-city/ | 2022-08-09T13:02:39Z |
Q1 2022 Wholesale Revenue Increased 123% Compared to Q1 2021
Cash and Liquidity Update
Operational and Corporate Strategy Update
VANCOUVER, BC, May 16, 2022 /PRNewswire/ - The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY.V) ("VERY GOOD" or the "Company"), a leading plant-based food technology company, today reported its financial results for the first quarter ended March 31, 2022.
- Revenue decreased $624,739 or 24%, to $2,018,344 in Q1 2022, compared to $2,643,083 in the same period in 2021. The decrease was driven by a decrease of $1,103,735 in eCommerce sales, offset by an increase of $427,014 in wholesale revenue.
- Wholesale revenue increased 123% to $772,919 in Q1 2022 as compared to the same quarter last year due to an increase in the number of stores and distribution points as well as increased unit velocities on core and new items.
- eCommerce revenue decreased 51% to $1,081,360 in Q1 2022 as compared to the same period last year due to the Company's strategic decision to eliminate digital marketing costs to acquire new customers.
- General and administrative expense1 ("G&A expense") decreased $4,993.039 or 58%, to $3,637,737 in Q1 2022, compared to $8,630,775 in Q4 2021. Excluding share-based compensation and depreciation expense, adjusted general and administrative expense decreased $135,671 (2%) to $5,605,666 in Q1 2022 compared to $5,741,337 in Q4 2021. The decrease in adjusted general and administrative expense was primarily driven by a decrease in salaries and wages.
- Adjusted general and administrative expense1 ("Adjusted G&A expense") increased $3,183,410 or 131%, in Q1 2022, compared to $2,422,255 in Q1 2021. The increase was primarily driven by increased legal and professional fees of $760,245, increased insurance fees of $643,215 due to increases in director and officer insurance as a result of the Company's Nasdaq listing, increased wages and benefits of $622,329 due to higher head count, increased recruiting fees of $164,624 attributed to growing the sales team and increased general office expenses such as supplies and software licenses of $321,796.
- Net loss2 decreased 44% to $(8,362,309) in Q1 2022 compared to $(15,028,576) in Q1 2021.
- Adjusted EBITDA3 was a loss of $(8,462,899) in Q1 2022 compared to $(5,391,936) in Q1 2021, and $(5,014,266) in Q4 2021.
The Company has incurred losses since inception and expects to incur further losses in the development of its business. Whether the Company can generate sufficient operating cash flows to pay for its expenditures and settle its obligations as they fall due is uncertain. The Company's ability to continue as a going concern is dependent on its ability to manage costs, raise additional equity or debt on reasonable terms and/or commence profitable operations in the future. While the Company has been successful in the past in obtaining debt and equity financings, there is no assurance that the Company will be able to do so going forward. The existence of these conditions indicates that there are material uncertainties which may cast significant doubt on the Company's ability to continue as a going concern.
As of March 31, 2022, the Company had cash and cash equivalents of $6,382,705, a reduction of $15,592,948 from $21,975,653 as of December 31, 2021. This decrease is primarily related to the Company's greater than expected cash burn during the quarter. The Company's current cash balance is approximately $3.3 million to settle current accounts payable and accrued liabilities of approximately $6.7 million. Management believes that the Company will need to seek additional financing within the next 30 days in order to fulfil its outstanding obligations and fund ongoing operations and will likely need to obtain subsequent financings in future periods. In order to address its lack of necessary liquidity, the Company has reduced its cash outflow related to paying trade payables while it evaluates its financing options. The Company is evaluating other alternatives of generating cash in the short term such as disposing of non-core equipment and certain raw material inventory to extend the current cash runway. There can be no assurance that disposing of non-core equipment and certain raw material inventory will be successful. While there is no assurance on the availability of the Company's future financings, on acceptable terms, or at all, the Company believes it is able to raise capital through financing in the near term to support its new refocused strategy.
During the three-month period ended March 31, 2022, VERY GOOD made the strategic shift to focus on sustainable growth and a path to profitability as opposed to solely focusing on top line growth. As part of this shift, VERY GOOD consciously decided to limit its eCommerce sales due to high digital marketing costs to acquire new customers, lowered production throughput and headcount at some locations to manage inventory levels, implemented initiatives such as pausing non-critical capital expenditures and lowering general and administrative expenses. VERY GOOD intends to continue to focus on the wholesale and food service channels, particularly in the United States, which it views as critical to realizing its vision to scale the Company.
On May 16, 2022, the Company made a strategic decision to cease regular operations at the Victoria Facility, Fairview Facility, and Patterson Facility and consolidate operations into the Rupert Facility. The Company has also decided to close the Victoria Flagship Store in Q2 2022 and no longer plans to open the Mount Pleasant Flagship Store. The Company made these decisions in an effort to create production efficiencies and reduce overhead. The Company is evaluating a few strategies as to how it can utilize these facilities going forward.
VERY GOOD expects to further right-size its workforce across its corporate business functions as it streamlines operations. It is worth mentioning that the Company has experienced higher than normal turnover over the last quarter and there is a risk of losing some critical talent. The Company is evaluating options as to how it can improve employee retention.
"We started to see the results of our refocused strategy start to materialize in the Q1 2022 financial results: while the overall sales are down as a result of our conscious decision to decrease eCommerce sales, wholesale revenue shows strong triple digit growth," said Matthew Hall, Interim Chief Executive Office.
"During the very short period of time that I have been with the Company, I have made great strides in identifying the problem areas and have developed a strategy to put the Company back on the right track. My strategy focuses on stabilizing, right-sizing, and optimizing the business. While it will take some time for the financial results to catch up with the progress we are making, I am confident that we will start to see great improvements in future quarters. We have a great brand, fantastic products, engaged customers, and some very dedicated and talented people. We can leverage these strengths to rebuild this Company and start executing on the promise of delivering shareholder value. I believe strongly in the plant-based food sector and the approach VERY GOOD has started with. I believe we have a good shot at being the category thought leader."
On April 25, 2022, VERY GOOD announced the appointment of a new Interim Chief Executive Officer and director, Matthew Hall. Matthew was a 31-year global senior executive with Nestlé, the world's largest food and beverage manufacturer. The Company further announced accepting the resignation of Ms. Ana Silva, both from the Board of Directors and her position as President, Interim Chief Financial Officer, and Interim Corporate secretary.
On April 14, 2022, VERY GOOD announced the appointment of three of its functional leaders to executive positions within the Company.
- Jordan Rogers, formerly the head of Canadian retail sales, who joined VERY GOOD as part of its acquisition of the Lloyd-James Marketing Group Inc., was appointed as the Company's Chief Commercial Officer.
- Kevin Callaghan, previously head of US retail sales, was appointed as Vice President of Sales – North America.
- Parimal Rana, formerly Director of Food Safety & Regulatory and Interim Director of Supply Chain, assumed the role of Vice President of Operations.
All three executives served on the Company's newly formed executive committee (the "Executive Committee"). The Executive Committee was used temporarily by the Company to review and approve key organizational, financial, operational and strategic decisions for the Company, by drawing upon the collective knowledge, experience, business acumen and skills of the senior management team.
On April 4, 2022, VERY GOOD announced that Mitchell Scott's employment as Chief Executive Officer had been terminated. The Company also announced that James Davison has resigned as Chief Research & Development Officer and as a member of the board of directors of the Company.
As of May 16, 2022, Ms. Dela Salem, a director of the Company, has been temporarily appointed interim Co-CEO to assist Matt Hall, interim CEO, with certain administrative aspects of the role and to assist with the Company's management transitions, given Matthew Halls' short tenure at the Company.
The management's discussion and analysis for the period and the accompanying financial statements and notes will be available under the Company's profile on SEDAR at www.sedar.com and will be furnished on a Report on Form 6-K on EDGAR at www.sec.gov.
Financial Highlights
Condensed Interim Consolidated Statements of Financial Position
(Expressed in Canadian dollars, unaudited)
Condensed Interim Consolidated Statements of Net Loss and Comprehensive Loss
(Expressed in Canadian dollars, unaudited)
Condensed Interim Consolidated Statements of Cash Flows
(Expressed in Canadian dollars, unaudited)
Non-IFRS financial measures are metrics used by management that do not have any standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies.
Management defines adjusted EBITDA as net loss before finance expense, tax, depreciation and amortization, share-based compensation and other non-cash items, including impairment of goodwill, loss on disposal of equipment, loss on termination of leases, and shares, units and warrants issued for services. Management believes adjusted EBITDA is a useful financial metric to assess its operating performance because it adjusts for items that either do not relate to the Company's underlying business performance or that are items that are not reasonably likely to recur.
Management defines adjusted general and administrative expense as general and administrative expense excluding non-cash items such as share-based compensation and depreciation expense. Management believes adjusted general and administrative expense provides useful information as it represents the corporate costs to operate the business excluding any non-cash items.
The Very Good Food Company Inc. is an emerging plant-based food technology company that produces nutritious and delicious plant-based meat and cheese products under VERY GOOD's core brands: The Very Good Butchers and The Very Good Cheese Co. www.verygoodfood.com.
OUR MISSION IS LOFTY, BUT BEAUTIFULLY SIMPLE: GET MILLIONS TO RETHINK THEIR FOOD CHOICES WHILE HELPING THEM DO THE WORLD A WORLD OF GOOD. BY OFFERING PLANT-BASED FOOD OPTIONS SO DELICIOUS AND NUTRITIOUS, WE'RE HELPING THIS KIND OF DIET BECOME THE NORM.
ON BEHALF OF THE VERY GOOD FOOD COMPANY INC
Matthew Hall
Interim Chief Executive Officer
This news release contains "forward-looking information" within the meaning of applicable securities laws in Canada and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934, as amended (collectively referred to as "forward-looking information"), for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking information may be identified by words such as "plans", "proposed", "expects", "anticipates", "intends", "estimates", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes, but is not limited to, statements regarding ; the Company's evaluation of methods for improving employee retention and the results of such evaluation; the Company's ability to meet its future operating expenses and finance our operational, capital expenditure and debt service requirements for approximately the next30 days;;; the Company's ability to secure financing sufficient to meet its obligations within the next 30 days and subsequent further financings as required; future workforce reductions; management's belief that the initiatives being implemented will allow the Company to manage both its short-term and long-term liquidity and increase its cash runway; and management's efforts to evaluate ways to support the business with as little dilution as possible. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to, material assumptions with respect to the Company's ability to successfully implement the cost improvement initiatives and measures and achieve their intended benefits, the Company's ability to remain listed on the Nasdaq, the availability of sufficient financings on reasonable terms or at all to fund VERY GOOD's capital and operating requirements, the Company's ability to accurately forecast customer demand for its products and manage its inventory levels, continued demand for VERY GOOD's products, continued growth of the popularity of meat alternatives and the plant-based food industry, no material deterioration in general business and economic conditions, the successful placement of VERY GOOD's products in retail stores, VERY GOOD's ability to successfully enter new markets and manage its international expansion, VERY GOOD's ability to obtain necessary production equipment and human resources as needed, VERY GOOD's relationship with its suppliers, distributors and third-party logistics providers, and management's ability to position VERY GOOD competitively. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because VERY GOOD can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of VERY GOOD to differ materially from those expressed or implied in such forward-looking information include, among others, the impact of, uncertainties and risks associated with negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, competition, risks relating to the availability of raw materials, risks relating to regulation on social media, expansion of facilities, risks related to credit facilities, dependence on senior management and key personnel, availability of labour, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, risks related to third party logistics providers, unfavorable publicity or consumer perception, increased costs as a result of being a United States public company, product liability and product recalls, risks related to intellectual property, risks relating to co-manufacturing, risks related to expansion into the United States; risks related to our acquisition strategy, taxation risks, difficulties with forecasts, management of growth and litigation as well as the risks associated with the ongoing COVID-19 pandemic. Moreover, as disclosed in Note 1 of the Company's condensed interim consolidated financial statements, there are material uncertainties related to events and conditions that may cast significant doubt upon the Company's ability to raise funds and continue as a going concern. For a more comprehensive discussion of the risks faced by VERY GOOD, please refer to VERY GOOD's most recent Annual Information Form filed with Canadian securities regulatory authorities at www.sedar.com and as an exhibit to the Form 6-K filed with the SEC on March 31, 2022 and available at www.sec.gov. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date of this news release. VERY GOOD undertakes no obligation to publicly update or revise any forward-looking information whether because of new information, future events or otherwise, except as otherwise required by law. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.
None of the Nasdaq Stock Market LLC, TSX Venture Exchange, the SEC or any other securities regulator has either approved or disapproved the contents of this news release. None of the Nasdaq, the TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), the SEC or any other securities regulator accepts responsibility for the adequacy or accuracy of this news release.
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SOURCE The Very Good Food Company Inc. | https://www.mysuncoast.com/prnewswire/2022/05/17/very-good-food-company-reports-first-quarter-2022-financial-results/ | 2022-05-17T05:23:43Z |
BURNABY, BC, May 11, 2022 /PRNewswire/ - Cellula Robotics Ltd. (Cellula) is pleased to announce we are six months into a contract with Trusted Autonomous Systems (TAS), to develop the next generation of fuel cell powered, Extra-Large Unmanned Underwater Vehicle (XLUUV). Funded by the Royal Australian Navy (RAN) and in collaboration with sovereign sub-contractors, project SeaWolf is set to debut the first 12m XLUUV hull in the fourth quarter of 2022.
The SeaWolf project builds on Cellula's existing Solus-LR system and uses the proven Solus control architecture and software. Some notable features of the SeaWolf project include a mission range of over 5,000 kms powered by a state-of-the-art fuel cell power system and two modular 2,500 liter flooded payload bays. With a 12 meter by 1.7 meter hull, SeaWolf can be shipped in a single 40' ISO container. World renown Ron Allum has been sub-contracted by Cellula to implement a robust thruster and battery system.
"Cellula is excited to take the DRDC funded Solus-LR project to the next level of capability with TAS and RAN" said Adrian Woodroffe, Business Development Manager at Cellula. "Our fuel cell power system is the key enabler that gives SeaWolf a game changing submerged range and payload capacity."
CEO of TAS, Professor Jason Scholz noted "TAS are excited to see the progress on the SeaWolf project across engineering, manufacturing, regulatory, control, propulsion and other supporting technologies and concepts. The novel technologies and demonstrated capabilities at Cellula Robotics made them a partner of choice; and plans underway to establish an Australian Cellula entity will bring them closer to the sovereign enterprises in Australia already working on delivering our concept of an underwater loyal-wingman to the Royal Australian Navy".
While headquarters for Cellula are based in Burnaby, British Columbia, the company is in its final stages of establishing an Australian office in Brisbane to further the next stages of this project, including Australian-based design and manufacturing. Demonstration missions with Solus-LR and the prototype SeaWolf XLUUV will take place in the first quarter of 2023 in Australia.
About Cellula Robotics Ltd.
Engineering solutions, intelligent systems.
Cellula Robotics Ltd. is a proudly Canadian, privately owned, world leading marine technology company specializing in turnkey design and production of subsea robotic systems. Headquartered in Burnaby, British Columbia, Cellula employs 70 staff with a dedicated team of highly-skilled engineers, designers, and technicians. Cellula's extensive experience in projects that require integrated mechanical, electrical, hydraulic, and software elements in a subsea environment is evident in its wide client base spanning over the defence, mineral exploration and oil & gas sectors. Cellula prides itself in having developed and implemented a rigorous ISO 9001:2015 Quality Management System that continues to meet and exceed client expectations.
For more information, please go to www.cellula.com.
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SOURCE Cellula Robotics | https://www.mysuncoast.com/prnewswire/2022/05/12/cellula-robotics-ltd-partners-with-trusted-autonomous-systems-royal-australian-navy-seawolf-xluuv-project/ | 2022-05-12T06:34:57Z |
DALLAS, Aug. 19, 2022 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.261822 per unit, payable on September 28, 2022, to unitholders of record on August 31, 2022. Marine's 2021 tax information, cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.marps-marine.com/. Additionally, printed reports can be requested and are mailed free of charge.
This distribution of $0.261822 per unit is higher than the $0.197500 per unit distributed last quarter, as the volumes produced of and price realized on both oil and natural gas included in this distribution increased this quarter. This distribution is higher than the $0.064312 per unit distributed in the comparable quarter in 2021. As compared to the comparable quarter in 2021, the volumes of both oil and natural gas produced and included in the current distribution and the price realized for both oil and natural gas have increased.
Marine's distributions to unitholders are determined by royalties received up to the date the distribution amount is declared. In general, Marine receives royalties two months after oil production and three months after natural gas production.
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SOURCE Marine Petroleum Trust | https://www.mysuncoast.com/prnewswire/2022/08/19/marine-petroleum-trust-announces-third-quarter-cash-distribution/ | 2022-08-19T14:37:11Z |
DALLAS, April 11, 2022 /PRNewswire/ -- S2 Capital, LLC ("S2") today announced it has acquired a four-property portfolio in the Atlanta metro area. The portfolio totals 1,406 units across four mid-1980s assets and includes Cornerstone Apartment Homes, Pointe at Norcross, Sonoma Ridge Apartment Homes, and Woodland Ridge Apartments. S2, a national value-add multifamily investor with more than $9 billion in transaction volume, is making this investment from its fund, S2 Multifamily Value-Add Fund 1. Terms of the transaction were not disclosed.
Over the next two years, S2 expects to spend approximately $5 million per property, or over $20 million, in renovations. Unit interiors will be updated and will feature stainless steel appliances, hard-surface countertops, undermount sinks, kitchen backsplash, vinyl flooring, hardware, light fixtures, and ceramic shower tile. Planned upgrades for exterior spaces are property-specific, and are expected to include enhanced amenity spaces, leasing offices, clubhouses, swimming pool, landscaping, balcony enclosures, monuments, and signage.
Located at 2100 Winters Park Drive in Atlanta, Cornerstone Apartment Homes is a 344-unit, two-story garden style apartment complex featuring one-and two-bedroom units. Sonoma Ridge Apartment Homes, located at 4659 Dawson Boulevard in Atlanta, offers one-, two-, and three-bedroom units in a two-story garden style apartment community with 440 units. Pointe at Norcross, at 3600 Park Colony Drive in the submarket of Norcross, is a 320-unit two-story garden style apartment complex featuring one-and two-bedroom units. Woodland Ridge Apartments, at 1355 Indian Trail Lilburn Road NW in Norcross, offers one-and two-bedroom units in a two-story garden style apartment community with 302 units. All four assets are within a few minutes' drive of Buckhead, the Central Perimeter, Midtown, and the I-85 Industrial Corridor, in close proximity to a large variety of industries and jobs.
"The Atlanta area is a great fit for our value-add strategy targeting workforce housing, particularly in the Northlake/Norcross submarket where almost 40% of residents are renters," said Davey Leach, VP of Acquisitions at S2. "Atlanta has posted record demand and rent growth figures over the past few quarters, and these submarkets are enjoying 98% or higher occupancy rates. The opportunity to renovate four properties in the same submarket to a similar standard leads to immediate economies of scale that will benefit our tenants as well as our investors."
Mark Brandenburg, Lauren Dow and Michael Cosby at JLL helped secure financing for S2. Nathan Swenson and Brooks Colquitt at Cushman & Wakefield represented the seller throughout the transaction.
About S2
Founded in 2012, S2 Capital is a Dallas-based national multifamily investment platform specializing in value-add properties. With more than $9 billion in transaction volume, S2 has acquired approximately 42,000 units through 115 acquisitions, and has successfully invested over $400 million in upgrades and renovations. S2 is vertically integrated, comprised of affiliated businesses including acquisitions, construction, asset management, and operations divisions that work closely together to execute the firm's business plan. The firm concentrates its investments in the U.S. Sun Belt, including Arizona, Georgia, Florida, North Carolina, and Texas, where job and population growth is expected to outpace the national average and contribute to significant renter demand. For more information, visit www.s2cp.com.
Contact
Caroline Luz
Lambert
203-656-2829
cluz@lambert.com
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SOURCE S2 Capital | https://www.wibw.com/prnewswire/2022/04/11/s2-capital-acquires-four-properties-atlanta-multifamily-portfolio/ | 2022-04-11T14:08:09Z |
CHARLOTTE, N.C., Sept. 7, 2022 /PRNewswire/ -- Veronica Southerland, FNP-BC, along with 17 of her Mentor Me nurses announce their newest project A Nurse's Journey To Entrepreneurship. This book is a culmination of decades of work within the nursing industry – from growing up with dreams of nursing to overcoming adversities such as racial disparities, teen pregnancies, and language barriers to see their childhood dreams become a reality. This book will be available for purchase starting September 25, 2022, On Vee The NP Day in Atlanta, Georgia.
In January of 2022, these 17 nurses joined Southerland, also known as Vee The NP, for a six-month intensive business builder program. Throughout this program, these nurses learned high-level business practices plus day-to-day growth tactics. They each are now healthcare business owners in states across the country.
"Creating a business-focused mentorship program for nurses is easy for me, almost a no-brainer," Southerland said. "I'm a serial entrepreneur with quite a few successful businesses in my portfolio. But to me, that doesn't mean much if I'm not teaching my fellow nurses who want options in addition to their bedside role. I've learned A LOT of lessons in my decades of being in business. My calling is to pour out all I've learned."
A Nurse's Journey To Entrepreneurship launch serves as a pinnacle for these nursing professionals. Each of them wrote their own story and allowed it to be woven into the fabric of the story of nurse entrepreneurship.
These nurses will convene on Atlanta September 23-25, 2022. September 23, they will present to the Health Occupations Students of America program at South Atlanta High School. Community service projects will be hosted Saturday.
Sunday, Sept. 25, Atlanta's Vee The NP Day, will be 1-3 pm. at Le Meridien Perimeter Atlanta, 111 Perimeter Center W, Atlanta, GA 30346 and tickets are available by clicking here. Local entrepreneur Yandy Smith will join Southerland for a girlfriend chat followed by each nurse speaking about her experience that led to her success.
- Adriane M. Brown, MHA, BSN, RN – Washington
- Adrienne Cox, RN, BSN – Florida
- Alisha Cruz, ADN, RN – Delaware
- Brenda Parks DNP, APRN, MPH – Florida
- Christella Medozile MSN, LNC, APRN, FNP-BC – New York
- Cynthia Ambroise, RN, MSN, AGPCNP-BC – North Carolina
- Delana Newcoste Charles, RN, MLD-C – Louisiana
- Khadijah Fife Latham, BSN, RN – New York
- Kierra Ward, BSN, RN – Georgia
- LaTesha Dennard, RN, BSN, FNP(s) – Georgia
- Mirabelle Beck, MSN, FNP, NP-C – New York
- Novia Markes, MSN, APRN, FNP-C – Florida
- Paige Munk, ADN, RN – Missouri
- Qiana Brost, MSN, RN – Maryland
- Rakiema Sellars-Pompey, RN, BSN, CEN - California
- Sabrina Willis, MBA-HCA, BSN, RN CCPS, CPHQ – North Carolina
- Shaynae Smith, RN – New York
- Sherry Williams, B.Ed, RN – Texas
- Veronica Southerland, RN, MSN, FNP-BC, DNP(s) – North Carolina
This book can be pre-ordered on Amazon. Each nurse will have events throughout the country as well as their home states to share personal stories.
Media Contact: Arden McLaughlin
pr@veethenp.com
704-941-5564
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SOURCE Veronica Southerland | https://www.mysuncoast.com/prnewswire/2022/09/07/nurse-entrepreneurs-release-new-book-with-goal-empower-impact-healthcare-professionals-throughout-country/ | 2022-09-07T19:28:44Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- Attention Aurinia Pharmaceuticals Inc. ("Aurinia Pharmaceuticals Inc.") (NASDAQ: AUPH) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 7, 2021 and February 25, 2022.
If you suffered a loss on your investment in Aurinia Pharmaceuticals Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Aurinia Pharmaceuticals Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: June 14, 2022
Aggrieved Aurinia Pharmaceuticals Inc. investors only have until June 14, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/04/25/class-action-alert-law-offices-vincent-wong-remind-aurinia-pharmaceuticals-inc-investors-lead-plaintiff-deadline-june-14-2022/ | 2022-04-25T10:26:15Z |
New England Patriot Malcolm Perry to host youth football camp on Fort Riley
FORT RILEY, Kan. (WIBW) - New England Patriot Malcolm Perry will host a youth football camp for military children on Fort Riley at the end of June.
Fort Riley says it will play host to the site of a youth football camp for military children which will feature current NFL player and New England Patriot, Malcolm Perry, on June 29 and 30.
The military base noted that the youth camp is for children between the ages of 1 and 8 and will run from 1 to 4 p.m. on June 19 and from 9 a.m. to noon on June 30. Registration is free.
Fort Riley said camp participants will also get a free camp t-shirt, along with other goodies and pizza at the end of each session.
According to Fort Riley, the instructional camps will be held at multiple military bases over the summer and will be led by NFL players for children of active duty, reserve and retired military members, as well as Department of Defense civilians.
Additionally, Fort Riley noted that Perry will sign autographs from 4:40 to 5:30 on June 29 at the Riley Big Red 1 Express, 6914 Warren Rd.
Fort Riley said Perry played college football at the United States Naval Academy and is in his third year in the NFL. In addition to hosting the camp, it said Perry will discuss the importance of living an active and healthy lifestyle. It said he grew up in a military family and understands the challenges military kids face.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/10/new-england-patriot-malcolm-perry-host-youth-football-camp-fort-riley/ | 2022-06-10T21:52:48Z |
Group Advocates for Secure Retirement and Greater Financial Resilience on Behalf of 8 Million Individual Investors and Youth
ST. LOUIS, July 25, 2022 /PRNewswire/ -- For the 37th time, financial services firm Edward Jones' Grassroots Legislative Task Force is set to meet with US legislators on July 26-28 in Washington, D.C., to discuss and advocate for issues on the minds of individual investors and business owners. The theme for this year's meeting is "Activating our Purpose," where Edward Jones' financial advisors and branch office administrators will advocate for bipartisan retirement savings legislation to help more Americans save for a secure and dignified retirement and promote greater financial education and wellness.
"Now in our centennial year, we serve 8 million clients in 3,000 communities in a human-centered way and our nearly 19,000 financial advisors have a unique perspective on how the needs of individual investors are changing in unprecedented ways – what they need, what they value, and what it will take to help them achieve financial health and well-being," said Lamell McMorris, Edward Jones Principal, Head of Policy, Regulatory and Government Relations. "Our opportunity is to reach 40 million families in North America and our commitment is to grow the impact we're able to make. It's deeply connected to our purpose which is to partner for positive impact, to improve the lives of our clients and colleagues, and together, better our communities and society."
The Grassroots Legislative Task Force, a group of financial advisors and branch office administrators from all 50 states, remains the securities industry's only volunteer advocacy organization that travels to Washington, D.C., each year to speak out on issues of importance to the individual investor. The group is dedicated to being the voice of individual investors to federal and state lawmakers.
Members of the Grassroots Legislative Task Force will hear from a variety of speakers including Ken Dychtwald, Founder and CEO of Age Wave, and Lauren Bernstein, EVERFI Executive Vice President and Head of Account Management, two of the firm's strategic alliances on the topics of longevity and the new retirement and the importance of financial education and empowerment programs, respectively.
"As we look to our next 100 years, we're transforming to achieve our purpose, grow our impact and help enable every client, colleague and community we serve to achieve what's most important to them," said McMorris. "We are hyper-local and are in more communities than anyone in our industry with branch offices in 97% of Congressional districts. This uniquely positions us to advocate for the issues that are most important to individual investors and businesses and share how policies can have 'real world' impacts in terms of improving people's lives."
According to new research Edward Jones conducted with Age Wave and Harris Poll, Americans are changing the definition of retirement, and 69% say they want to live to age 100. Over the past few years, the Grassroots Legislative Task Force has focused on building momentum for bills that will strengthen millions of Americans' retirements, and this year, there is an added layer of focus on enhancing financial education and confidence.
During the meeting, McMorris will outline the group's current legislative priorities, including:
- Establishing a new catch-up contribution to help workers 60 and older who have not been able to save sufficiently for retirement.
- Increasing the required minimum distribution age from 72 to 75 to help more workers who are working and living longer to save longer.
- Enhancing the small business start-up tax credit, which will enable many small businesses across the country to provide retirement benefits to their employees.
- Permitting employers to make matching contributions with respect to student loan repayments that will help workers burdened with large student loan debt to start saving for retirement.
- Launching The Military Spouses Retirement Security Act, which helps address the unique challenges military spouses face in saving for retirement by providing a tax credit of up to $500 to small businesses to make military spouses eligible more quickly for retirement benefits.
"We know that advised individuals have more confidence and have a minimum of 25% more assets than non-advised individuals.* Therefore, we want to talk about the value our financial advisors and our industry provide to clients," McMorris added. "When we can provide financial knowledge to young people, we know they make smarter financial decisions and are more prepared to enter adulthood feeling more confident about their financial future."
In addition to this year's meeting, members of the Edward Jones Grassroots Legislative Task Force have been meeting with federal elected officials and staff to discuss the benefits of financial education to build a stable financial future for more Americans and youth.
In 2020, Edward Jones launched its Financial Fitness education curriculum in conjunction with EVERFI, which helps high school and college students understand how money works, create smart financial habits and ultimately, build financial resilience to increase financial security and freedom in the future.
"There are ways we can build new pathways to economic equality and opportunity, beginning with access to advice and services to strengthen individuals' financial futures. McMorris said. "We can start by investing in our youth. Youth education and development are key to reversing any trends that have negatively impacted communities for generations and still do today."
Edward Jones, a Fortune 500 firm, provides financial services in the U.S. and through its affiliate in Canada. The firm's nearly 19,000 financial advisors serve more than 8 million clients with a total of $1.7 trillion in client assets under care. Edward Jones' purpose is to partner for positive impact to improve the lives of its clients and colleagues, and together, better our communities and society. Through the dedication of the firm's 50,000 associates and our branch presence in 68 percent of U.S. counties, the firm is committed to helping more people achieve financially what is most important to them. The Edward Jones website is at www.edwardjones.com, and its recruiting Web site is www.careers.edwardjones.com. Member SIPC.
*(Source: Oliver Wyman/Marsh & McLennan: "The Role of Financial Advisors in the U.S. Retirement Market")
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SOURCE Edward Jones | https://www.wibw.com/prnewswire/2022/07/25/edward-jones-grassroots-legislative-task-force-meets-with-legislators-washington-dc/ | 2022-07-25T14:33:07Z |
The more than half-century of pickleball flying under the radar of recreational sports appears to be nearing its end.
The sport with humble origins — which stem from a dad’s 1960s backyard in Washington state to give his bored kids something to do — is now arguably the fastest growing sport in the nation.
Bell County is rapidly becoming one of its hotbeds.
“It’s become the norm now in country clubs and racquetball settings,” Wildflower Country Club tennis professional Jeff Contreras said. “We’ve seen tennis and pickleball evolve on both ends of the county in Killeen, Harker Heights to Temple and Belton in competition in Bell County. It’s addictive.”
Pickleball began as a crude off-shoot of tennis, badminton, table tennis, racquetball and other racket-oriented sports, but has become more polished as it developed into a sport with no age boundaries.
Contreras, who played tennis for both Temple College and the University of Mary Hardin-Baylor in the early 2000s, came upon the sport by happenstance during a business meeting with parks and recreation officials in Harker Heights. He walked by a group of elderly participants who needed a fourth player for doubles and handed him a paddle. He wasn’t familiar with the sport but saw it as tennis for people who can’t play tennis anymore.
Common, but wrong assumption.
“They hand me a paddle and I’m like a tennis pro and I didn’t want to play,” he recalled. “We’re very aggressive in tennis and I didn’t know the rules, so I slammed a ball off the chest of a 75-year-old lady. I felt bad that I hit this poor lady and I didn’t even want to play their little game. Then I was lectured about the rules for 30 minutes and went back and played. That same lady murdered me 11-0.”
Even after being humbled, the die was cast. Contreras played the game for six months straight and fell in love with it. He is now a skilled pickleball professional.
Contreras believed in it so much that when he took over at Wildflower he began putting in pickleball lines on the club’s tennis courts, a cardinal offense for tennis traditionalists.
“It was like I killed everyone’s pets,” he said.
Both sports have grown exponentially. Pickleball now is a year-round program. He said it began with six players and now has roughly 80 who play on a day-to-day basis.
Pickleball is played on 44-foot by 20-foot court, essentially badminton sized, with paddles, which have grown in sophistication, and balls that are similar to Wiffle balls. There is seven-football, no-volley zone on both sides of the net known as the “kitchen” in which players are not allowed to encroach to hit. Points are scored when the opposing team or player commits a fault and scoring only occurs when serving, much like the old rules for volleyball. The game is won when a team reaches 11.
Stan Briggs, a local real estate broker and former UMHB baseball and tennis player from the 1990s, had little interest and even less knowledge of the sport, though he was a high-level racquetball player, when a friend sent him a pickleball paddle two years ago.
“That paddle sat on my dresser drawer for six months and my wife asked me if I was ever going to do anything with it,” said Briggs, who is closing in on becoming a pickleball professional. “I joined the pickleball program at Wildflower with zero knowledge.
“What I love about it is that it’s easy to learn, but hard to master,” he said. “You can get better, but it takes time.”
Skill levels are based on a rating system provided from imputed data that handicaps players from 1 to 8. Contreras, for instance, is rated at 5.0 and Briggs is currently 4.5.
Contreras said Wildflower is in the process of hosting a statewide tournament in September. He said a growing number of people own private pickleball courts.
Briggs, a Rockdale native who travels extensively on business, said he finds a place to play wherever he goes. He has been part of Paddles for Purpose fundraising tournaments.
“It’s a lot less expensive than tennis,” he said. “My family loves the community aspect of the sport.”
Contreras stresses that many pickleball players had no racket sport experience and thrive. It’s more about having coordination.
“Pickleball is more social than tennis and it’s for all walks of life,” said Contreras, who grew up in Levelland but settled here after his college tennis playing days. “Will it ever take over tennis? No. Will it take over parks and recreation? Yes.”
Locally, he believes the pickleball bubble is about to burst.
“In the next one or two years, it’s going to explode,” said Contreras, who believes the participation and hosting of tournaments and clinics will double if not triple. “We’ll be at the center of it here for Texas.” | https://www.tdtnews.com/sports/article_3ffc999e-ef62-11ec-9632-cfe03c77e4e5.html | 2022-06-19T02:38:43Z |
GRAND RAPIDS, Mich., June 27, 2022 /PRNewswire/ -- The board of directors at Haviland Enterprises Inc., a globally recognized manufacturer and distributor of specialty and commodity chemistry headquartered in Grand Rapids, Michigan, has appointed Meg Post as President and CEO, following her promotion to President in the fall of 2021. Effective July 1, Post will take over for Mike Karasiewicz, who announced his retirement after serving as Haviland's President and CEO since 2018.
Post joined Haviland in 2018 as Vice President of Finance and was named Chief Financial Officer in 2020 before she was named President the following year. Prior to joining Haviland, Post spent more than a decade at Adamy Valuation, where she provided financial and valuation advisory services to middle-market companies. Post is a graduate of Grand Valley State University.
"I'm thankful for the nearly four years I've spent working with Mike, and for the invaluable guidance he has provided relative to strategy and leadership," Post said. "I'm very excited to step into this new role, and I am honored to have the opportunity to lead Haviland through its next phase of growth and transformation."
"Meg has been a critical part of the company's growth and success over the last several years," Karasiewicz said. "Her commitment to employee engagement and development, safety, and strategic alignment will drive growth and success for the company's employee-owners."
Karasiewicz joined Haviland's Board of Directors in 2014, then succeeded Bernie Haviland as President and CEO in 2018.
Throughout his time at Haviland, Karasiewicz led the company through a cultural and leadership transformation, restructuring the business and forming the company's Senior Leadership Team. He brought a focus on safety, customer service, and transparent communication to all levels of the business and his leadership also brought record levels of sales and profitability to the company.
As president and CEO, Post will also succeed Karasiewicz as a member of Haviland's Board of Directors. She will lead Haviland into its 90th year of operations and 10th anniversary of being a 100 percent employee-owned company.
"Leading an employee-owned company is an incredibly rewarding opportunity, and I'm excited to continue fostering our culture of employee engagement, transparency, and growth through operational excellence," Post said. "We are positioned to make significant investments in our people, processes, and facilities to create growth and value for our customers and employee-owners."
About Haviland Enterprises Inc.
Haviland Enterprises Inc. is a globally recognized manufacturer and distributor of specialty and commodity chemistry headquartered in Grand Rapids, Michigan. Haviland Enterprises is the parent company of Haviland Products Company and Haviland Pool and Spa. Haviland is a 100% employee-owned ESOP company with 270+ employees and over 620,000 square feet of manufacturing space. For more information about Haviland, visit www.havilandusa.com.
CONTACT: Mackenzie Klahr
574.361.4233
mackenzie@havilandusa.com
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SOURCE Haviland Enterprises Inc. | https://www.kxii.com/prnewswire/2022/06/27/haviland-enterprises-appoints-meg-post-president-ceo/ | 2022-06-27T14:40:16Z |
Setting a new standard in over-the-air television, NEXTGEN TV's trajectory expands further in a growing ecosystem of partnerships and accelerator programs
WASHINGTON, Sept. 8, 2022 /PRNewswire/ -- Pearl TV, the coalition of U.S. broadcast companies transitioning to NEXTGEN TV, and iWedia, part of Zappware Entertainment Group International (ZEGI) and provider of world-class software solutions for connected TV devices, have launched a fast track program that adds new ATSC 3.0 A/344 interactive features. The program accelerates and streamlines the path for adoption of NEXTGEN TV technology by consumer electronic makers producing smart TVs and related devices at volume in the Android TV marketplace.
"Android TV is one of the most versatile operating systems in existence, powering smart televisions and streaming boxes for nearly a decade," stated Anne Schelle, managing director of Pearl TV. "With a loyal, tech-savvy and content-loving consumer base, this platform enables Android TV manufacturers to onboard quickly and accelerate their introduction of compelling NEXTGEN TV consumer features with sophisticated SoC technology powered by iWedia. We're excited that we can come together with iWedia and usher in affordable-cost televisions that consumers desire."
iWedia's robust ATSC 3.0 software stack includes an advanced media player and browser that enriches the interactive features and capabilities developed by Pearl TV and the Pearl Network Consortium. Television system on chip (SoC) manufacturers in the Android TV domain will benefit from iWedia's agnostic operating system and a streamlined process of enabling consumer features with Pearl's pre-integrated SoC solutions. Additionally, IoT and in-vehicle infotainment capabilities equip not only television manufacturers, but vehicle manufacturers and broadcasters, too, with even more freedom to layer in these consumer desired elements.
"NEXTGEN TV has proven to be one of the fastest growing new technologies introduced to consumers and this partnership with Pearl TV opens up a seat at the table for Android TV manufacturers," commented Hans-Juergen, CEO of iWedia. "We are proven pioneers in Android TV, recently surpassing six million operating system deployments, and we're thrilled to partner with Pearl TV and help manufacturers who want to streamline and accelerate their introduction of products with this cutting-edge broadcast technology."
NEXTGEN TV sets are proliferating, currently with approximately 110 models available at retail offered by Hisense, Sony, Samsung and LG starting at $599. Now broadcasting in more than 50 markets, NEXTGEN TV is expected to reach 60% of viewers in the U.S. by the end of 2022. And consumer interest in the new technology is strong, too: according to recent research by Magid, 85% of viewers without a NEXTGEN TV are likely to purchase one in the next year.
Contributing to that awareness are new resources that consumers can use to see if NEXTGEN TV is on air in their city, and an e-commerce page for model research and purchase. An informative video of the "Johnson Family," reflects their delight in the interactive and personal features, in addition to dialogue enhancement, consistent volume and cinema-quality sound enabled by the Dolby Audio experience integrated within.
About NEXTGEN TV
NEXTGEN TV is a broadcast technology standard, otherwise known as ATSC 3.0, and is the first major overhaul to the Advanced Television Systems Committee's (ATSC's) standard for receiving over-the-air (OTA) signals since ATSC 1.0 was introduced in 1996. NEXTGEN TV is based on internet protocol technology for interactivity, presenting the best combination of online and broadcast television, and continued innovation as new services are developed.
NEXTGEN TV delivers stunning 4K, High Dynamic Range (HDR) video, enhanced internet content on demand, and better audio enabled by Dolby Audio technologies, which includes movie theater-quality sound, added voice clarity provided by Dolby's Voice +, and consistent volume across channels. Pearl TV and iWedia's platform supports all these NEXTGEN TV feature sets.
Pearl TV and iWedia's platform will be pre-certified for compliance with the Consumer Technology Association's (CTA) NEXTGEN TV logo requirements, A3SA Security and the RUN3TV Application platform—ensuring that manufacturers are meeting the highest standards around authenticity and security.
NEXTGEN TV at IBC Show
NEXTGEN TV and corresponding interactive web platform, RUN3TV, will have a prominent presence at the IBC Show, Sept. 9-12, in Amsterdam. Pearl TV's managing director, Anne Schelle, will take the stage as a panelist in "The John Logie Baird Lecture - The State of the TV Business and the Next 5 Years," on Sept. 10, at 11 a.m., room E1002. Media and analysts interested in meeting with Pearl TV may contact pearltv@havasformula.com, or visit at the Yotta Media Labs booth, Stand: 1.C37h, where the RUN3TV application will be showcased. iWedia will be located at Hall5, A79.
Follow NEXTGEN TV IBC Show 2022 highlights on Twitter @WatchNextGenTv.
Consumers can learn more about NEXTGEN TV by visiting www.watchnextgentv.com, which offers a guide to cities already on the air, where signals will soon be rolling out, and available television models.
To sign up for iWedia's NEXTGEN TV platform, please contact: info@iwedia.com.
About iWedia
iWedia S.A, part of Zappware Entertainment Group International (ZEGI), provides world-class software solutions for connected TV devices. We are pioneers in Android TV and support our customers with software architecture and design expertise, field proven products, and cost-effective engineering services out of our development centers in Serbia. We are proud to serving major Telecom operators, PayTV operators and tier 1 automotive OEMs with our media solutions.
In addition to stand-alone components giving support to latest versions of DVB, ATSC, ARIB, ISDB-T, HLS, DASH, MHEG-5, HbbTV, CI Plus, TR-069, (amongst others), iWedia offers complete solutions for all kinds of TV devices (OTT / IPTV / Broadcast STBs, Smart TVs, tablets, phones, game consoles). Dubbed Teatro, these solutions are available on RTOS, Linux and Android platforms and are pre-integrated with leading service and delivery platforms, CA/DRM systems, and chipsets
iWedia delivers efficient and scalable software integration services performed by an experienced team used to enable rapid deployments of high-volume consumer electronics devices. iWedia is headquartered in Switzerland with development labs in Belgrade, Novi Sad and Nis, Serbia, and sales and support offices in Germany, France, Singapore, India and South Korea.
Please visit www.iwedia.com for more information.
About Pearl TV
Pearl TV is a business organization of U.S. broadcast companies with a shared interest in exploring forward-looking broadcasting opportunities, including innovative ways of promoting local broadcast TV content and developing digital media and wireless platforms for the broadcast industry. Pearl's membership, comprising more than 820 TV stations, includes eight of the largest broadcast companies in America: Cox Media Group, Graham Media Group, Gray Television, Hearst Television Inc., Nexstar Media Group, Sinclair Broadcast Group, the E.W. Scripps Company, and TEGNA Inc.
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SOURCE Pearl TV | https://www.mysuncoast.com/prnewswire/2022/09/08/pearl-tv-iwedia-team-fast-track-development-time-market-new-smart-tvs-devices-android-tv-marketplace/ | 2022-09-08T18:18:47Z |
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Today, Inc. revealed that SkillsetGroup is No. 3,325 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"The pandemic and resulting economic turmoil created challenges for us and our clients," said SkillsetGroup founder and CEO Clint Armstrong. "With the attrition of workers across the globe, our mission of creating a culture of retention never resonated more with our clients. As companies experienced supply chain issues, lockdowns, and economic turmoil, we continued to grow by stabilizing employers' workforces."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
SkillsetGroup over the last year has expanded IT operations in Texas, added to its sales staff across the US, hired dozens of recruiters to service the company's many new clients and even opened a Ventura County branch office. Also in 2022, SkillsetGroup launched its owned-and-operated foundation, SkillsetGives. The nonprofit nearly doubled its investment in its first fundraiser, a golf tournament, putting it on a self-sustaining path to help build thriving communities and end homelessness.
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SOURCE SkillsetGroup | https://www.mysuncoast.com/prnewswire/2022/08/16/4th-time-skillsetgroup-appears-inc-5000-ranking-no-3325-with-three-year-revenue-growth-158-percent/ | 2022-08-16T19:31:23Z |
Ticker Symbol Non-Fungible Tokens are First to be Rendered & Minted on Demand
DETROIT, May 19, 2022 /PRNewswire/ -- Shareholder loyalty platform TiiCKER® today dropped the next generation of digital signature and social media handles: your own ticker symbol.
Like a stock listed on the NYSE, NASDAQ or London Stock Exchange, the one to four letter Tii:MARK will be a one-of-one signature, and minted on the Ethereum block chain as an exclusive non-fungible token (NFT). Each Tii:MARK token will include a custom-rendered image, animation, and a physical coin, as well as utility as the NFT owners' TiiCKER user name and sign-on, exclusive access to perks, discounts and experiences, listing on the Tii:CKER Stock Exchange, and access to a Tii:MARK owners-only event in Summer 2023.
TiiCKER dropped 100 Tii:MARKs on the NFT platform OpenSea and 1,000 additional Tii:MARKs on the TiiCKER platform today. TiiCKER.com/NFT Potential buyers interested in purchasing a Tii:MARK can search for their desired symbol's availability, bid on desired ticker options, and purchase directly on the site via credit card or cryptocurrencies Bitcoin and Ethereum.
TiiCKER held in reserve publicly traded "Listed Edition" ticker symbols like Tii:AAPL, Tii:AMZN, Tii:FB and Tii:TSLA, as well as select celebrity and artist tickers, allowing these companies and individuals a limited time to claim their ticker symbol before it's sold to a shareholder, fan or collector. TiiCKER is planning to drop future Tii:MARK NFTs – of a total possible four-letter-or-less universe of 475,254 options – in release waves based on bidding demand, as well as themes like sports, lifestyle or alma maters. The fintech startup also plans to host charity auctions for unique items or brands like Tii:GOAT, Tii:MVP, Tii:ARMY, Tii:YMCA or Tii:WISH.
May 2022 Tii:DROP (top-5 listings)
"I've thought for a long time that having my own ticker symbol would be Tii:SICK, and with the blockchain- prominence of NFTs, it's now possible," said Jeff Lambert (Tii:JEFE), creator of the Tii:MARK and founder and CEO of TiiCKER. "People collect all kinds of physical items based on their passions and lifestyle, they take great care to curate their personal and social brand, and we believe they will invest in an asset that blends all these things in a token as rare as they are."
Although NFTs are a digital collector's item, investors who purchase a Tii:MARK will receive an engraved, physical two-inch metal token along with their unique landing page validating and recording ownership, minting date and Blockchain ID. Tii:MARK owners also receive exclusive access to a validated swag store to purchase custom apparel and Tii:MARKed items.
"We've used the Tii prefix since the inception of TiiCKER as a universal sign of public ownership and with the plan to make it our member's username, but this is Tii:NEXT level," said Chris Tromp (Tii:GURU), chief digital officer for TiiCKER, and whose team built the on-demand rendering NFTs and utility functionality. "Unlike other icon-based or artist-based NFTs, the Tii:MARK brings NFTs to the masses, blending the real and meta worlds, and delivering both daily utility and finite exclusivity in one NFT collection."
To learn more about Tii:MARK, claim your ticker symbol if you're a public company, or bid on current or future drops, please visit TiiCKER.com/NFT.
About TiiCKER®
Launched in 2020, TiiCKER invented verified stock perks and direct-to-shareholder marketing through its web-based and iOS mobile app software platform, providing consumers and investors a revolutionary way to engage with the brands they love. For America's 130 million retail investors, TiiCKER provides exclusive access to shareholder perks, custom articles and content, and tools to connect with the companies they own to request shareholder rewards. For its public company partners, TiiCKER creates, markets and manages shareholder loyalty programs, helping companies engage and reward their consumers and owners, and to measure and maximize Shareholder Lifetime Value™. For more information, please visit TiiCKER.com.
Media Contacts for Tii:MARK:
Devon Bradley,TiiCKER
dbradley@TiiCKER.com
or
Chris Clark, Lambert
cclark@lambert.com
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SOURCE TiiCKER | https://www.kxii.com/prnewswire/2022/05/19/tiicker-premiers-worlds-first-personal-brand-nft/ | 2022-05-19T21:50:28Z |
Functional Beverage Brand and Quince Partner to Raise Awareness of Health Benefits of Vitapod
NEW YORK, July 13, 2022 /PRNewswire/ -- Vitapod, a brand of healthy beverages formulated by doctors and packed with vitamins, minerals, flavonoids, and great taste, is announcing a partnership with celebrity fitness trainer and author, Dolvett Quince.
Quince became widely known for his role on seasons 12 through 17 of The Biggest Loser, wrote the New York Times Best Seller The 3-1-2-1 Diet and recently launched his own podcast, Workout the Doubt.
What started for Quince as an appreciation and love for Vitapod's health benefits and delicious flavor offerings quickly turned into an opportunity for Vitapod and Quince to raise awareness around Vitapod as a brand.
Quince, along with many other consumers are loving the Vitapod Go stainless steel insulated bottle and twist lid that seamlessly opens any flavor pod, allowing all to hydrate while on the go. Additionally, all Vitapod flavors contain less than 15 calories, are low or free of sugar (the Sports+ pod contains 2g of sugar) and are packed with vitamins, minerals, flavonoids, and great taste.
"Vitapod has done an amazing job involving scientists and medical teams to create products that not only taste great, but truly help you to stay hydrated," says Quince. "Even if you're casually going for a walk, hydration is key. I have many people tell me they don't enjoy the taste of plain water, and honestly, many of us are constantly dehydrated. Vitapod is an incredible brand of beverages that can help with all of this and so much more."
For Quince and Vitapod, a partnership made sense due to both parties possessing similar goals to help consumers improve their mental and physical health through diet and exercise, without sacrificing the enjoyment of drinking something that tastes good. Vitapod is perfect for those who, like Quince, lead an active lifestyle and are looking for products that will allow them to hydrate on the go.
"We are thrilled to partner with Dolvett," says Patrick Kennedy, CEO of Vitapod. "He represents a lifestyle and mindset that drinking Vitapod can help to achieve. Every day, he takes steps to be his best self, both mentally and physically, and encourages others to do the same, which is what the Vitapod brand strives to help consumers achieve as well."
As a spokesperson, Quince will highlight Vitapod's many flavors and health benefits through social media, television appearances, and on his podcast Workout the Doubt. Additionally, Quince will assist in promotion of any new flavor launches, with Vitapod's newest Hydra+ flavor in Lemon Lime recently released and now available for purchase. There are currently 12 Vitapod flavors: Blueberry Pomegranate, Cotton Candy, Watermelon, Pineapple Coconut, Blackberry Mint, Raspberry Hibiscus, Orange Zest, Green Apple, Lemon Lime, Iced Tea Lemon Infusion and Iced Tea Peach. All are available on www.vitapodworld.com.
About Vitapod
Vitapod is a delicious brand of healthy beverages packed with vitamins, minerals, flavonoids, and great taste. Vitapod Go, the brand's portable bottle, allows you to enjoy the health benefits of Vitapod on the go, in a stainless steel, insulated bottle with a twist lid that seamlessly opens any of the flavor pods. Formulated by doctors, each flavor of Vitapod offers benefits many flavored beverages lack. Vitapod currently offers pods in 12 flavors which are tailored to fit anyone's health goals. Vitapod is free of common allergens including dairy, gluten, nuts, soy, and eggs, and is Kosher certified. For more information or to purchase Vitapod, visit www.vitapodworld.com.
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SOURCE Vitapod | https://www.wibw.com/prnewswire/2022/07/13/vitapod-announces-partnership-with-celebrity-fitness-trainer-author-dolvett-quince/ | 2022-07-13T15:42:30Z |
LEAD PLAINTIFF DEADLINE IS NOVEMBER 7, 2022
NEW YORK, Sept. 16, 2022 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a federal securities class action lawsuit has been filed in the United States District Court for the District of Connecticut on behalf of investors who purchased or acquired the securities of Sema4 Holdings Corp. ("Sema4" or the "Company") (NASDAQ: SMFR) between March 14, 2022 and August 15, 2022, inclusive (the "Class Period").
All investors who purchased the shares of Sema4 Holdings Corp. and incurred losses are advised to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com.
If you have incurred losses in Sema4 Holdings Corp. you may, no later than November 7, 2022, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Sema4 Holdings Corp.
PLEASE CLICK HERE TO JOIN THE CASE
Sema4 is a health company that uses artificial intelligence to enable personalized medicine. The Company's platform leverages longitudinal patient data, AI-driven predictive modeling, and genomics in combination with other data to deliver better outcomes for patients. Sema4 derives the majority of its revenue from Women's Health and Oncology diagnostic solutions.
The filed complaint alleges that Defendants made materially false and misleading statements throughout the Class Period. Specifically, Plaintiff alleges that Defendants failed to disclose:
- that there was a significant risk that Sema4 would reverse a material amount of previously recognized revenue that it could not recoup from third party payors;
- that the Company was experiencing declining selling prices for its reproductive health segment; and
- that, as a result of the foregoing, Sema4's financial results would be adversely affected.
On August 15, 2022, after the market closed, Sema4 announced changes to its research and development leadership team, including that Defendant Eric Schadt was stepping down from his roles as President and Chief R&D Officer. The Company also disclosed that it was eliminating approximately 13% of its workforce as part of a series of restructuring and corporate realignments.
During a conference call, Sema4 revealed that it had "reversed $30.1 million of revenue this quarter related to prior periods" in connection with negotiations with "one of [Sema4's] larger commercial payors regarding the potential recoupment of payments for Sema4 carrier screening services rendered from 2018 to early 2022."
On this news, Sema4's stock fell $0.80, or 33.3%, to close at $1.60 per share on August 16, 2022.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at classmember@whafh.com
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP | https://www.kxii.com/prnewswire/2022/09/16/sema4-holdings-corp-class-action-alert-wolf-haldenstein-adler-freeman-amp-herz-llp-announces-that-securities-class-action-lawsuit-has-been-filed-united-states-district-court-district-connecticut-against-sema4-holdings-corp/ | 2022-09-16T13:53:13Z |
NEW YORK, June 15, 2022 /PRNewswire/ -- Today Policygenius was named to the first annual CB Insights Insurtech 50, which showcases the 50 most promising private insurtech companies across the globe.
Policygenius, which is one of the largest term life insurance broker platforms in the United States, was recognized in the life and annuities category. Since its founding in 2014, Policygenius has built integrations with the largest and most trusted insurance carriers in the industry and developed proprietary technology for quoting, underwriting, and fulfillment. Earlier this year, the company announced the launch of Policygenius Pro, which brings the power of the Policygenius life insurance platform — including leading-edge software, expansive carrier shelf, and award-winning operations — to B2B distribution partners.
"We are extremely proud of the tech stack we have built to deliver the best insurance to our customers, and are excited to now utilize it for our B2B service," Jennifer Fitzgerald, CEO and co-founder of Policygenius, said. "This recognition from CB Insights is a testament to our team's dedication to deliver on our mission to help people protect their family, property, and finances with confidence."
Using the CB Insights platform, the research team picked these 50 private market vendors from a pool of over 2,000 companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed hundreds of Analyst Briefings submitted by applicants. This year's winners represent ten different countries across the globe, with 31 of them headquartered in the U.S.
"The companies in our inaugural Insurtech 50 have built and harnessed new technologies to improve all aspects of the insurance value chain, from customer acquisition to underwriting and claims for a variety of different insurance products," Brian Lee, SVP of CB Insights' Intelligence Unit, said. "Together they are accelerating innovation across an industry that directly impacts human health and well-being."
Policygenius transforms the insurance journey for today's consumer, providing a one-stop platform where customers can compare options from top insurance carriers, get unbiased expert advice, buy policies, and manage their insurance portfolio, in one seamless, integrated experience. Our proprietary technology platform integrates with the leading life, disability, and home and auto insurance carriers and delivers an exceptional digital experience for both consumers and insurance carriers. Since 2014, our content, digital tools, and experts have served as a resource for millions of people on their insurance journey, and we have sold more than $160 billion in coverage.
To receive Policygenius announcements, email press@policygenius.com. Subscribe to the Easy Money by Policygenius newsletter here.
For more information:
Brooke Niemeyer
Associate Director of Media Relations
brooke.niemeyer@policygenius.com
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SOURCE Policygenius | https://www.kxii.com/prnewswire/2022/06/15/policygenius-named-2022-cb-insights-insurtech-50-list-most-innovative-insurtech-startups/ | 2022-06-15T14:47:53Z |
COO of Arbor Biotechnologies, former NIBR, Editas biotech executive brings extensive drug and portfolio development expertise to the Board
Designee of Company's Largest Investor ARCH Venture Partners
WALTHAM, Mass., July 12, 2022 /PRNewswire/ -- ImmuneID, a biopharmaceutical company that leverages existing antibody responses to rapidly unveil the complexities of the immune system and reveal pathways leading to precise, transformative therapies, today announced the appointment of Pam Stetkiewicz, Ph.D. to its Board of Directors as a representative of ARCH Venture Partners. Dr. Stetkiewicz currently serves as Chief Operating Officer of Arbor Biotechnologies and brings more than 20 years of biotech experience in portfolio management and strategic alliance development.
"I am excited to welcome Pam to ImmuneID's Board of Directors as a representative of longstanding partner and investor, ARCH Venture Partners," said James S. Scibetta, Chief Executive Officer of ImmuneID. "Pam's background in immunology and considerable experience in developing and driving business development strategies in the biotech and pharmaceutical landscapes make her a vital addition to our Board and source of counsel for the company as a whole."
Prior to Arbor Biotechnologies, Dr. Stetkiewicz served as Senior Vice President, Global Program Leader at Flagship Pioneering Medicines. In addition, Dr. Stetkiewicz served as Vice President, Program and Alliance Management at Editas Medicine, where she was responsible for building the development organization, forming collaborations, and notably leading the IND filing for the first in vivo CRISPR therapeutic EDIT-101. Previously, Dr. Stetkiewicz held leadership and senior management roles over 13 years at the Novartis Institutes of BioMedical Research (NIBR) across science, alliance, project and portfolio management, including her last role as Executive Director, Strategic Alliances. Dr. Stetkiewicz received her Ph.D. from Johns Hopkins University and a B.S. from the University of Rhode Island.
"Pam brings tremendous experience in drug development and business strategy with leading biotechs and science-based organizations, and we are pleased to have her representing ARCH Venture Partners on the Board," said Robert Nelsen, co-founder and Managing Director, ARCH Venture Partners. "Pam's skills and experience will be valuable in getting therapeutics to patients."
"ImmuneID is making great strides in the immunology landscape by advancing understanding of disease mechanisms for the development of precision therapeutics," said Dr. Stetkiewicz. "I'm thrilled to join ImmuneID's Board of Directors at this important time for the company and look forward to collaborating with the Board and leadership to guide the business strategy in alignment with the advancement of the aiSPIRE platform towards the goal of uncovering the complexities of the human immune system for the benefit of patients."
Dr. Stetkiewicz joins the ImmuneID Board alongside Christoph Westphal, M.D., Ph.D., Partner, Longwood Fund; Ittai Harel, Managing Partner, Pitango Healthtech Fund; Peter Hutt, Senior Counsel, Covington & Burling LLP; Dan Janney, Managing Partner, Alta Partners; Steve Kafka, Ph.D., Managing Partner, Section 32; and James S. Scibetta, CEO and Director, ImmuneID.
About ImmuneID
ImmuneID is a biopharmaceutical company dedicated to rapidly illuminating and untangling the complexities of the immune system leading to precise, transformative therapies for the most challenging conditions in autoimmunity and other serious diseases. Our aiSPIRE (AI for Screening and Profiling Immune REactivity) platform screens billions of antibody-target interactions while applying AI to develop a better understanding of disease biology, identify disease-driving pathways, and meaningfully segment patient populations to discover novel clinical targets and predict personalized routes of disease progression. Founded in 2020 by Longwood Fund, ImmuneID is backed by top-tier biotechnology venture investors, including Alexandria Venture Investments, Alta Partners, ARCH Venture Partners, In-Q-Tel, Pitango Healthtech Fund, Section 32, Tekla Capital Management and Xfund. To learn more, please visit immuneidrx.com or engage with us on LinkedIn and @ImmuneID on Twitter.
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SOURCE ImmuneID | https://www.wibw.com/prnewswire/2022/07/12/immuneid-announces-appointment-pam-stetkiewicz-phd-board-directors/ | 2022-07-12T12:03:17Z |
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