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Casper hiring professional nappers
(CNN) - Casper is hiring professional nappers to snooze for a living, putting a whole new spin on sleeping on the job.
Job requirements include sleeping in company stores and in other random locations.
There is a bit of work when you are awake though. You’ll need to create social media content to show people what it is like to be a professional sleeper.
The qualifications for the job include an “exceptional sleeping ability,” a “desire to sleep as much as possible” and of course, the “ability to sleep through anything.”
In addition to being paid to sleep, Casper sleepers will get to wear pajamas to work, get some free Casper products and have the flexibility of a part-time schedule.
The company is taking applications through Thursday, and showing off some sleep skills on TikTok is encouraged.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/08/casper-hiring-professional-nappers/ | 2022-08-08T13:43:06Z |
MONTREAL and CHARLOTTE, N.C., May 17, 2022 /PRNewswire/ -- Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, today announced that Joseph Oliveto, President and Chief Executive Officer, will participate in a fireside chat at the H.C. Wainwright Global Investment Conference being held on May 23-26, 2022.
The pre-recorded fireside chat will become available on Tuesday, May 24, 2022 at 7:00am ET and can be accessed in the News & Events section of Milestone's website at www.milestonepharma.com. An archived replay of the presentation will be available on the same website for approximately 90 days following the presentation.
About Milestone Pharmaceuticals
Milestone Pharmaceuticals Inc. (Nasdaq: MIST), is a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines. Milestone's lead product candidate etripamil is currently in a Phase 3 clinical-stage program for the treatment of paroxysmal supraventricular tachycardia (PSVT) and in a Phase 2 proof-of-concept trial for the treatment of patients with atrial fibrillation with rapid ventricular rate (AFib-RVR). Milestone Pharmaceuticals operates in Canada and the United States. For more information, visit www.milestonepharma.com and follow Milestone on Twitter at @MilestonePharma.
Contact
David Pitts
Argot Partners
212-600-1902
david@argotpartners.com
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SOURCE Milestone Pharmaceuticals, Inc. | https://www.kxii.com/prnewswire/2022/05/17/milestone-pharmaceuticals-present-hc-wainwright-global-investment-conference/ | 2022-05-17T11:50:41Z |
WASHINGTON (AP) — In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.”
The president in recent weeks has criticized oil producers and refiners for maximizing profits and making “more money than God,” rather than increasing production in response to higher prices as the economy recovers from the pandemic and feels the effects of Russia’s invasion of Ukraine.
Michael Wirth, chairman and CEO of Chevron, sent Biden a letter via email on Tuesday that said the president’s own words have been self-defeating in terms of encouraging companies to boost their output.
Chevron is investing in more production, Wirth wrote, but “your Administration has largely sought to criticize, and at times vilify, our industry. These actions are not beneficial to meeting the challenges we face and are not what the American people deserve.”
The oil company CEO said he wanted a more cooperative relationship with the government.
“Let’s work together,” Wirth wrote. “The American people rightly expect our country’s leaders and industry to address the challenges they are facing in a serious and resolute manner.”
Asked about those comments, Biden displayed no sympathy.
“He’s mildly sensitive,” Biden said. “I didn’t know they’d get their feelings hurt that quickly. Look, we need more refining capacity. This idea that they don’t have oil to drill and to bring up is simply not true.”
Average gas prices are nearly $5 a gallon nationwide, a strain on commuters and a political albatross for Biden’s fellow Democrats going into the midterm elections. That has left the White House scrambling for solutions, including a possible suspension of the 18.4 cents a gallon federal gas tax .Biden plans to decide by the end of the week if the tax should be suspended, a move meant to relieve price pressures and that would need approval from a reluctant Congress.
The gas tax funds highways, but Biden said Tuesday any lost revenue would not have a major impact on road construction because of last year’s $1 trillion infrastructure law.
The clash between the Biden administration and oil producers and refiners unfolded ahead of a Thursday meeting that Energy Secretary Jennifer Granholm will hold with energy companies.
Both House Speaker Nancy Pelosi and Senate Republican Leader Mitch McConnell have previously voiced skepticism about the benefits of suspending the gas tax. But Rep. Adam Schiff, D-Calif., is sponsoring a bill that would put the gas tax on hold through the end of 2023.
Schiff said in a statement that he has been in touch with the White House to encourage the gas tax holiday, adding, “But we shouldn’t stop there. We should also hold Big Oil accountable for the price-gouging that is driving prices up in the first place.”
The House has approved legislation to crack down on alleged price gouging by oil companies, but the bill has stalled in the Senate. Democratic proposals to impose a “windfall profits” tax on oil producers have generated little support in Congress.
The possibility of a gas tax holiday has drawn criticism from economists and the business community for not fixing the underlying supply challenges.
In an address Tuesday at the Economic Club of New York, a non-profit, non-partisan business group, Target CEO Brian Cornell called the gas tax holiday a temporary “mini stimulus” that does nothing to fundamentally change the supply and demand curve for fuel and transportation.
“We have a classic supply-and-demand challenge,” Cornell told the audience. ”In all due respect, the gas holiday is only going to fuel demand. It’s doing nothing to increase the supply.”
Harvard University professor Jason Furman, formerly the top economist in the Obama White House, said a gas tax suspension would not address the supply pressures.
“Refineries are even more constrained now so supply is nearly fully inelastic,” he wrote on Twitter. “Most of the 18.4 cent reduction would be pocketed by industry — with maybe a few cents passed on to consumers.”
White House press secretary Karine Jean-Pierre told reporters that the administration is looking into as many ways as possible to provide consumers with some relief at the gas pump. But the administration does not plan to tell Americans to drive less during the July 4 holiday and reduce some of the supply pressures.
“Americans are going to do what they feel is right for themselves and for their family,” Jean-Pierre said. “That’s not something for us to make a judgment on.”
___
AP reporters Matthew Daly in Washington and Anne D’Innocenzio in New York contributed to this report. | https://cw33.com/business/ap-business/biden-chevron-chief-trade-sharp-words-over-gas-prices/ | 2022-06-22T17:43:26Z |
(NEXSTAR) – It was February 1936 at the Ritz-Carlton Hotel in Philadelphia. The NFL was about to host its first-ever draft. While it was a momentous moment for the sport, the first-ever draft pick was about ruin it — just a little.
Bert Bell, owner of the Philadelphia Eagles and future league commissioner, is credited with the idea of a draft. Under Bell’s plan, the team with the worst record picked first, as it is today. That meant the first ever team to make a draft pick was Bell’s Eagles, who had a 2-9 record in 1935. But the hope of turning the team around with the first opportunity at fresh-out-of-college players would soon be squashed.
With the first pick of the 1936 draft, the Eagles selected Jay Berwanger, a running back from the University of Chicago who had just secured the first-ever Heisman Trophy (it was known as the Downtown Athletic Club Trophy at the time).
The Dubuque, Iowa native did it all on the field — play calling, passing, tackling, punting, kicking extra points, returning kicks, and everything in between, according to his biography on the Heisman Trophy’s website. In addition to his accolades, Berwanger is also considered the only Heisman recipient to be tackled by a future president — Gerald Ford, who played for Michigan.
Slideshow: Jay Berwanger
Berwagner’s playing was enough to catch the attention of the Eagles during the draft, but the team soon traded his rights to the Chicago Bears. Unfortunately, contract demands would keep Berwanger out of the league.
In an interview with The New York Times years later, Berwanger explained that he had asked then-Bears coach George Halas for $25,000 for two years with a no-cut contract, far more than what most players were making at the time. The price tag was too high, and Berwanger decided instead to become a foam-rubber salesman.
Berwanger became a naval officer during World War II and when he returned to Chicago, he set up Jay Berwanger, Inc., a manufacturer of plastic and rubber strips for vehicles, according to his obituary in the Chicago Tribune. He died of lung cancer in 2002 at the age of 88.
Berwanger’s decision not to play wasn’t exactly revolutionary. According to the Chicago Tribune, only about two dozen of the 81 players drafted in 1936 ever played in the NFL. None of the draft picks by the Eagles that year would ever play a regular-season game. | https://cw33.com/news/the-first-player-ever-drafted-in-the-nfl-didnt-end-up-playing-heres-why/ | 2022-04-29T21:40:07Z |
NOVELDA to demo new UWB sensor at Sensors Converge 2022
OSLO, Norway, June 16, 2022 /PRNewswire/ -- Sensors Converge 2022 -- NOVELDA, innovator of the most reliable human presence sensors on the market, announced today the rollout of its upgraded ultra-wideband (UWB) proximity sensor. This sensor enhances LCD screen lifetime, increases interactivity and gives devices an automated, power-saving mechanism. Its approach detection feature lights the display immediately upon approach and turns it off automatically once a person leaves the detection zone. Through contextual awareness, the device knows your intentions and is ready when you are.
Editorial Note: NOVELDA will demo its NOVELDA UWB Proximity Sensor at Sensors Converge 2022, San Jose McEnery Convention Center, San Jose, from June 27-29. The demo, at booth 1623 near the main stage, will showcase the precision, absolute ranging and reliable detection available through NOVELDA UWB Sensors.
NOVELDA's new sensors feature market-leading reliability, offering absolute range and a wide field of view. The sensor is user configurable for both distance and sensitivity. You get reliable detection in the zone of interest and are always detected inside the zone, never outside. With scalable settings from 0.5 meters to 1.5 meters, it is ideally suited for close range indoor applications. The sensor ensures fast response with a latency time of less than 0.25 seconds for device activation or deactivation. NOVELDA's groundbreaking radar sensors and miniaturized system-on-chip (measuring only 12x12 millimeters) are compliant with global standards, unobtrusive and easily installed in the end-product enclosure.
Whether in advertising signage, vending machines or smart home appliances, NOVELDA's proximity sensor can extend screen life from two to ten years in high end LCD displays. In addition, these sensors allow companies to become more environmentally friendly by powering down when the product isn't in use and thereby saving energy. It is the most innovative, sustainable and reliable solution for proximity sensing in smart appliances, smart locks, high-end chargers, light sensors, servers, luminaries, lamps and more.
NOVELDA UWB Proximity Sensor enables faster wake-up time from low power state when the device is inactive, initiating wake-up from the moment a person is ready to use the device. The sensor also ensures and monitors product usage of process critical equipment, like in automated hand sanitizers.
"Our market-leading UWB-based proximity sensors offer a reliable and accurate solution for detecting a user's presence, greatly extending the life of screens, enabling power savings and improving user experience. And through rigorous, real-world testing, our sensors have proved robust and scalable for a variety of applications such as high-end consumer appliances, vending machines and more. We are thrilled to realize the vision of what we believe proximity sensors should address," said Jan-Bjørnar Lund, CEO, NOVELDA.
UWB sensing outperforms technologies like Passive InfraRed or Time of Flight sensors in terms of accuracy, robustness, cost, power consumption and security. NOVELDA's UWB wireless sensors function efficiently without interference in the proximity of other radio frequency (RF) devices. Recognizing UWB's transformative functionality, ABI Research predicts 500 million shipments of UWB by the end of 2022, with growth projections estimating 1.5 billion over the next four years.
Demo kits for NOVELDA UWB Proximity Sensor are available upon request. For more information, visit https://novelda.com/contact/
Proximity sensor video: https://vimeo.com/716749646/a569dfad0c
NOVELDA provides the world's most accurate, intelligent and reliable sensor solution for human presence detection. Our Ultra-Wideband (UWB) short-range impulse radar sensors achieve new levels of user experience and interactivity in a variety of indoor applications including consumer electronics, smart home and building automation.
NOVELDA was founded in 2004 and is today recognized as the world's leading authority on UWB short-range radar sensor design. Our technology complies with worldwide UWB regulations and is protected by several design patents. We are headquartered in Oslo, Norway, with regional sales offices in Silicon Valley, Hong Kong, Taiwan and Japan employing a total of 85 employees. Making life easier by creating seamless interaction between people and things. NOVELDA Ultra-Wideband Sensor - the most reliable sensor in the world. www.novelda.com
Media relations contact
Jeannette Bitz
Engage PR for NOVELDA
(O) +1 510 295 4972
jbitz@engagepr.com
Tove Elisabeth Lutdal, VP Marketing
+47 90 73 49 49
tove.lutdal@novelda.com
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SOURCE NOVELDA AS | https://www.mysuncoast.com/prnewswire/2022/06/16/novelda-delivers-ultra-wideband-proximity-sensors-enabling-power-saving-interactivity-smart-appliances-chargers-smart-locks-beyond/ | 2022-06-16T17:16:18Z |
Coyote found hiding in family’s bathroom
Published: Sep. 9, 2022 at 12:14 PM EDT|Updated: 46 minutes ago
BUTLER COUNTY, Ohio (WXIX/Gray News) – Police in Ohio made an unusual discovery Friday morning while responding to a public assist call.
Officers found a coyote hiding behind the toilet in a family’s bathroom, the Trenton Police Department said on Facebook.
Police received a call around 5:15 a.m. from the family, saying the animal was in the bathroom and they didn’t want to get near it.
The coyote managed to slip inside the home around 4 a.m. through the front door while the family was packing up their vehicle to hit the road for a trip, police explained.
Officers safely removed the coyote and released him outside unharmed.
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/09/coyote-found-hiding-familys-bathroom/ | 2022-09-09T17:00:59Z |
The full line of Santo Blanco, Reposado, and Mezquila created by spirits pioneer Sammy Hagar and iconic chef Guy Fieri, will be available in stores, bars and restaurants across the Caribbean Island
LOS ANGELES, Sept. 13, 2022 /PRNewswire/ -- Santo Spirits, the brainchild of spirits pioneer and Grammy-award winning musician Sammy Hagar, and iconic chef and Emmy Award-winning television personality Guy Fieri is reaching new consumers by launching their portfolio of premium agave spirits in Puerto Rico. Produced with time-honored, artisanal practices in the highlands of Jalisco, Mexico, Santo Spirits only utilizes 100% blue Weber agave of the highest quality. Santo's expressions are gluten free, unbelievably smooth and made the traditional way, honoring the culture and practices of authentic tequila. Unlike most tequilas on the market in the U.S., Santo tequilas are certified additive free by Tequila Matchmaker meaning there is no coloring or flavoring added to the finished product. The premium portfolio currently consists of the world's first Mezquila, an old-world style tequila Blanco and an ultra-smooth Reposado, all of which will be officially available for purchase in Puerto Rico in October 2022.
"I have been in this business for over 30 years, and I am really proud and impressed by what we have been able to accomplish with the Santo Spirits brand. I'm dedicated to producing the best tequila in the world and I can't wait for fans in Puerto Rico to get a taste of such an authentic product," said Sammy Hagar. "We are using premium ingredients and traditional processes that have given us a liquid that is going to shake up the tequila market."
Santo will be launching all three of their award-winning agave expressions in Puerto Rico in October, with future variants to also be made available upon release. Santo Blanco is smooth, with balanced and notable agave flavor which is complimented by earthy, white pepper and citrus aromas. Delicate spice and floral flavors add to the intensity of the liquid. Santo Reposado begins as Santo Tequila Blanco, resting in lightly charred and used American oak bourbon barrels for four to five months, imparting a smooth, easy-drinking tequila. Santo Mezquila, the world's first ever blend of tequila and mezcal, is made from 100% Blue Weber Agave and 100% Espadin Agave (Angustifolia variety).
"Sammy and I are longtime buddies who share a love for creating and curating memorable experiences, whether it's through food, music or now, tequila. We are stoked to bring the Santo Spirits experience to more folks around the country so that they can share in our passion and join in on the Santo lifestyle," said Guy Fieri.
The Santo portfolio should be enjoyed neat, on the rocks, or in a premium cocktail. For more information and recipes please visit www.santospirits.com.
The Santo Spirits brand was conceived out of longtime friendship, exceptional food, great tequila, and the search for a taste revelation. Santo Spirits is the brainchild of rocker Sammy Hagar, and chef Guy Fieri. Together, the duo created Santo Spirits and found their virtuoso with Juan Eduardo Nuñez, a third-generation master distiller from the famed distillery El Viejito, founded in 1937, in the highlands of Jalisco, Mexico. Sammy's history of making world-renowned tequila, Guy's world-famous taste buds, and Juan Eduardo's award-winning craftsmanship, bring to life the portfolio of Santo Spirits: The world's first Mezquila, an old-world style tequila Blanco, and the sinfully smooth reposado. For more information about Santo Spirits, please visit SantoSpirit.com
Media Contacts:
Santo Spirits
Jessica Meisels/Fingerprint Communications
jessica@fingerprintcom.net
Office: 310-276-7500
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SOURCE Santo Spirits | https://www.kxii.com/prnewswire/2022/09/13/santo-spirits-premium-portfolio-agave-expressions-expands-distribution-into-puerto-rico-market/ | 2022-09-13T18:45:33Z |
Elon Musk’s SpaceX and T-Mobile are teaming up in an attempt to connect mobile devices through a network of satellites, providing coverage to even the most isolated places.
Under the plan, T-Mobile’s wireless network would be routed through SpaceX Starlink satellites that are in low Earth orbit.
T-Mobile said that the vast majority of smartphones already on its network will be compatible with the new service using the device’s existing radio.
The companies are looking to provide text coverage, including SMS, MMS and participating messaging apps, nearly everywhere in the continental U.S., Hawaii, parts of Alaska, Puerto Rico and territorial waters starting with a beta in select areas by the end of next year. They want to add voice and data coverage at a later time.
T-Mobile and SpaceX say they are ready to partner with other carriers to help expand the service worldwide.
“The important thing about this is that it means there’s no dead zones anywhere in the world for your cellphone,” Elon Musk said during a live event at a SpaceX facility in Texas on Thursday.
The billionaire and Tesla CEO who is engaged in a legal battle with Twitter, emphasized that one of the key benefits of the service will be that it can help people who are in life threatening situations in remote areas, potentially saving lives. | https://cw33.com/technology/ap-technology/ap-spacex-t-mobile-attempt-to-reach-remote-areas-through/ | 2022-08-27T11:19:59Z |
Video circulating on social media appears to show Dave Chappelle was attacked Tuesday night when a person ran onto the stage during the comedian's performance at the Hollywood Bowl.
It's unclear whether Chappelle was injured, but another video seemingly recorded by someone in the audience appears to show the comedian joking about the incident afterward and continuing with his set.
The motive of the apparent attack is unclear.
CNN has reached out to representatives for Chappelle for comment.
The Los Angeles Police Department (LAPD) told CNN affiliate KABC officers responded to an incident at the Hollywood Bowl around 10:45 p.m., and a man who was reportedly armed with a gun and a knife was taken into custody.
CNN has reached out to the LAPD, the Los Angeles Fire Department and the Hollywood Bowl for more information.
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WASHINGTON (AP) — President Joe Biden has signed off on giving federal wildland firefighters a hefty raise for the next two fiscal years, a move that affects more than 16,000 firefighters and comes as much of the West braces for a difficult wildfire season.
Pay raises for the federal firefighters had been included in last year’s $1 trillion infrastructure bill, but they had been held up as federal agencies studied recruitment and retention data to decide where to deliver them.
The White House said the move announced Tuesday is intended to set “federal agencies on a path to continue working with stakeholders towards an updated, competitive, and equitable pay structure, along with a support system that will address the many challenges that have plagued our wildland firefighter workforce for decades.”
The legislation stipulated that the $600 million in the infrastructure bill to increase pay for wildland firefighters should go to all those firefighters provided that they are “located within a specified geographic area in which it is difficult to recruit or retain a federal wildland firefighter.”
The Biden administration in the end decided on a raise for all the federal wildland firefighters over the next two years, according to a senior administration official who spoke on the condition of anonymity ahead of the formal announcement. The official said the infrastructure bill offered enough money to provide the raises but the administration was looking to work with Congress to provide a long-term fix on the firefighters’ pay.
“I will do everything in my power, including working with Congress to secure long-term funding, to make sure these heroes keep earning the paychecks — and dignity — they deserve,” Biden said in a statement.
The infrastructure law also authorized agencies to increase the base salary of federal wildland firefighters by $20,000 per year or 50% of their current base salary, whichever is lower, through 2023. The firefighters will receive back pay for the raises, dating to October 2021.
The National Federation of Federal Employees union, which represents a majority of federal wildland firefighters, had been urging the Biden administration to interpret the statute as broadly as possible, as firefighters across the country were struggling to make ends meet.
“This is incredibly good news for federal wildland firefighters all across the country,” said Randy Erwin, president of the union. “There has been a serious recruitment and retention problem for wildland firefighters at federal agencies this year.”
Forest Service Chief Randy Moore told a Senate subcommittee last month that his agency’s staffing levels are at 90% overall but as low as 50% percent in some areas, including Oregon, Washington state and California.
Sen. Martin Heinrich, D-N.M., was among a group of lawmakers who had been pushing the administration to resolve the pay issue amid worries that it would further exacerbate staff shortages as the West enters the hot summer months. Heinrich called the two-year pay fix “progress” but said more needs to be done. New Mexico this year has endured the largest wildfire on record in the state.
“These men and women are battling historic fires in NM and are on the frontlines of the climate crisis across the West,” Heinrich said in a Twitter message. “This is admirable, strenuous work and hard on their families.”
The issue of recruitment, retention and low pay for wildland firefighters had been on Biden’s radar since early in his administration.
Last June, before the infrastructure bill was passed, the Democratic president signed an executive order temporarily raising pay for federal firefighters to ensure that no one was making less than $15 per hour.
Biden said he had been dismayed after learning that the starting pay for federal firefighters was significantly lower than that at many local and state fire agencies. Pay for new federal firefighters had typically started at $11 per hour to $14 per hour, and they were overtime-eligible. | https://cw33.com/news/politics/ap-politics/biden-signs-off-on-hefty-pay-raise-for-federal-firefighters/ | 2022-06-21T17:46:46Z |
- Unveiled at Stockholm+50, digital art installation 50-50 marks 50 years of climate action and its significant, unheralded positive impact on key biodiversity areas
- Installation by experiential and crypto artist John Munro illustrates UN datasets as abstract forms in digital landscapes as UN bids to use creativity to tell climate stories
LONDON, June 8, 2022 /PRNewswire/ -- 50-50 - a new digital art installation by acclaimed artist John Munro, Founder of Immersive International, unveiled at Stockholm+50 last week, reveals the unheralded positive impact of human climate action on the earth's biomes and key biodiversity areas.
50-50 was created in partnership with the UN Science-Policy-Business Forum (SPBF) and art patron Jonathan Lett to mark fifty years of environmental action.
Featuring an audio composition by sound artist Giovanni Agusta, 50-50 uses virtual landscapes and abstracted sculptural forms as a canvas for datasets illustrating the achievements and impact of the UN's Environmental Programme in Key Biodiversity Areas over the past five decades.
This digital art commission, the first of its kind for the UN, demonstrates the organisation's commitment to using art, creativity, and technology to bring climate stories to life, inspiring broader engagement with sustainability and conservation projects.
The President of the UN General Assembly Abdulla Shahid said:
"The 50-50 art piece uses real data to articulate the condition of our changing environment, the hope to conserve and restore our ecosystems and a vision for future action. I congratulate John Munro and Giovanni Agusta for their creativity and the scientists for providing the datasets behind this legacy project that embraces the emerging art forms of the Metaverse. It inspires us to act towards a better future."
Key Biodiversity Areas are paramount to global biodiversity. These crucial ecosystems, found in our Marine, Freshwater, Terrestrial, and Mountain biomes are constantly gaining protection worldwide. Munro analysed hundreds of datasets to create artwork that uses abstract forms to elucidate the precise impact of climate action and human activity.
Over 40% of the world's Key Biodiversity Areas are now protected and celebrated in the work, but that is still less than 10% of our planet's surface area. If we continue to identify and protect Key Biodiversity Areas, we can reverse the impending mass extinction of species.
Shereen Zorba, Head of the Global Secretariat of the UN SPBF on the Environment said: "The unveiling of this art installation marked a historic moment: half a century of environmental action. It is art meets science. And a powerful call to action."
Munro's installation, produced by Immersive International's Managing Director Tommy Lexen and supported by Jonathan Lett, will be displayed both physically and virtually over the next year. 50 individual NFT artworks derived from it will also be auctioned to raise vital funds supporting climate change and environmental initiatives by the United Nations Environment Programme, in collaboration with UN SPBF.
John Munro said:
"It's an honour to work on this project and highlight and celebrate the incredibly positive work being done every day to protect our planet's biodiversity. The more we connect to our planet and each other, the more we will work to uplift ourselves out of this global crisis. Digital art sits at the unique intersection of multisensory experiences to inspire and engage people with the vital work to secure our planet's long-term health."
"It's hugely heartening that the UN is embracing the power of creativity, and we are inspired and thrilled to work alongside their data scientists to bring this to life."
John Munro: https://www.john-munro.com/
Immersive International: https://immersive.international/
50-50: https://www.50-50.art/
UN SPBF: https://un-spbf.org/
Contact Details:
janek@borkowski.co.uk
+44 (0)203-176-2700
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SOURCE Immersive International | https://www.kxii.com/prnewswire/2022/06/08/50-50-untold-story-human-climate-action-progress-revealed-through-digital-artwork/ | 2022-06-08T18:09:08Z |
The Company aspires to empower more smart factories around the world
BEIJING, June 28, 2022 /PRNewswire/ -- BlueIOT (Beijing) Technology Co., Ltd ("BlueIOT" or "the Company"), a world leading Real-time Location System (RTLS) provider that develops high-precision positioning products based on cutting-edge Bluetooth Angle-of-Arrival (AoA) technology, recently completed a smart factory project for OSRAM Opto Semiconductors (OSRAM) in Malaysia, nudging the company one step closer to its strategic internationalization goal. By June 2022, its tally of projects globally hit a new high with fields of application expanding to healthcare, warehousing and logistics, smart factories, smart buildings, and digital venues with multiple successful smart factory cases particularly in the Asia-Pacific region.
Currently, all machines in OSRAM's factories are bound to BlueIOT asset-type tags allowing each machine's exact location to be monitored in real time. Staff view both the real-time and historical route of any tag on the location map and in the case of locating a machine, nearby personnel can be dispatched promptly. With an invisible electronic fence, the entry and exit of people and machines are identified and recorded, which effectively prevents the loss of valuable assets and realizes traceability of lost assets. The same asset tracking solution has also been deployed in Media China, Shanghai Research Institute of Building Sciences, and a national warehouse in Indonesia.
Additionally, BlueIOT's high-precision positioning system successfully assisted a manufacturing giant in Japan, a world-leading semiconductor manufacturer in Singapore, and SAIC Motor in China in improving factory personnel management. Wearable and skin-friendly tags for employees or visitors are usually in the form of a badge or a wristband. Automatic attendance eliminates the need for the cumbersome manual check-in of employees; analysis of workers' operation routes helps to optimize workflow and boost productivity; and in the event of any emergency, the nearest security staff will be alerted and swiftly dispatched to the scene.
BlueIOT's locating system brings its accuracy level down to 0.1m and has won the trust of end customers and partners due to its high capacity, low energy consumption, cost-effectiveness, stable signal, and compact size. The Company has been well-recognized for its high-quality products and services and looks forward to partnering with more tag suppliers, software developers, system integrators, and solution providers to help the world's ten billion Bluetooth terminals to enjoy a more accurate location experience and empower more industries.
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SOURCE BlueIOT (Beijing) Technology Co., Ltd | https://www.wibw.com/prnewswire/2022/06/28/blueiots-recent-smart-factory-project-completion-malaysia-expedites-its-strategic-internationalization-goal/ | 2022-06-28T15:58:34Z |
NOVATO, Calif., Aug. 29, 2022 /PRNewswire/ -- Hennessy Advisors, Inc. (NASDAQ: HNNA) today announced that it has signed a definitive agreement with Stance Capital, LLC ("Stance Capital") and Red Gate Advisers, LLC, among others, related to the management of the Stance Equity ESG Large Cap Core ETF (NYSE: STNC) (the "Stance ETF"). The Stance ETF has current assets of approximately $40 million. The transaction is expected to be completed in the last quarter of 2022.
Upon completion of the transaction, the Stance ETF will be reorganized to become a series of Hennessy Funds Trust named the Hennessy Stance ESG Large Cap ETF (the "Hennessy Stance ETF"), and Hennessy Advisors, Inc. will become the investment advisor.
Neil Hennessy, Chairman and CEO of Hennessy Advisors, Inc., noted, "We are excited to undertake this strategic expansion of our business and to partner with the team at Stance Capital. This unique ETF product is consistent with our historical strength of providing our investors with portfolios focused on long-term value, while kicking off the next stage of our product evolution into the ETF market. We look forward to welcoming the Stance ETF shareholders, and we are committed to a smooth transition into the Hennessy family of investments."
Stance Capital will serve as the sub-advisor to the Hennessy Stance ETF and the current Portfolio Managers Bill Davis and Kyle Balkissoon will continue providing the day-to-day management of the Hennessy Stance ETF portfolio. Additionally, the Hennessy Stance ETF will continue to operate under the Portfolio Reference Basket structure of the Blue Tractor Group, LLC, pursuant to a license agreement. Vident Investment Advisory, LLC will continue to provide trading sub-advisory services to the Hennessy Stance ETF.
Bill Davis, Founder of Stance Capital, added, "Neil Hennessy, Teresa Nilsen, and the team at Hennessy consistently demonstrate a commitment to their shareholders and the asset management industry. We feel confident our shareholders will continue to receive solid portfolio management, excellent shareholder service, and dedicated trustee guidance."
The transaction is subject to customary closing conditions, including SEC approval of an exemptive order allowing the Hennessy Stance ETF to operate under the Portfolio Reference Basket structure licensed by the Blue Tractor Group, as well as approval by the Hennessy Funds Trust Board of Trustees, The RBB Fund, Inc. (of which the Stance ETF is a series) Board of Directors, and the Stance ETF shareholders. The transaction has been structured with the intention that it qualify, for federal income tax purposes, as a tax‑free reorganization under the Internal Revenue Code of 1986, as amended. Therefore, shareholders of the Stance ETF should not recognize any gain or loss for federal income tax purposes as a result of the transaction.
About Hennessy Advisors, Inc.
Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty mutual funds. Hennessy Advisors, Inc. is committed to providing superior service to shareholders and employing a consistent and disciplined approach to investing based on a buy and hold philosophy that rejects the idea of market timing.
About Stance Capital, LLC
Stance Capital was formed in March 2021 to offer the Stance Equity ESG Large Cap Core ETF to investors. Founding partners Bill Davis and Kyle Balkissoon strive to prove the point that with proper portfolio construction, values alignment can be a free option for investors.
Additional Information Nothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.
This press release contains forward-looking statements, which do not relate strictly to historical or current facts. Forward-looking statements are beyond the ability of Hennessy Advisors, Inc. to control and, in many cases, Hennessy Advisors, Inc. cannot predict what factors would cause actual results to differ materially from those indicated by forward-looking statements. Among other risks and uncertainties is the ability of Hennessy Advisors, Inc. to successfully merge the assets of the Stance ETF into the Hennessy investment portfolio. As a result, no assurance can be given as to future results, levels of activity, performance, or achievements, and Hennessy Advisors, Inc. assumes no responsibility for the accuracy and completeness of any forward-looking statements.
This press release is not a solicitation of a proxy from any shareholder of the Stance ETF. In soliciting shareholder approval of the transactions, Hennessy Funds Trust and The RBB Fund, Inc. and their respective trustees and directors, as well as Hennessy Advisors, Inc. and Stance Capital, may be deemed to be participants in the solicitation. Information about the trustees of Hennessy Funds Trust may be found in the 2021 Annual Reports of the Hennessy Funds filed with the SEC on January 5, 2022, and in the Statement of Additional Information filed with the SEC on February 28, 2022. Information about the directors of RBB Fund, Inc. may be found in the 2021 Annual Report of the Stance ETF filed with the SEC on November 4, 2021, and in the Statement of Additional Information filed with the SEC on December 29, 2021. Shareholders of the Stance ETF should read the definitive prospectus/proxy statement that will be filed in connection with the solicitation because it will contain important information, including a description of any direct or indirect interest of the participants in the solicitation. The definitive prospectus/proxy statement and other relevant documents (when available) may be obtained free of charge from the SEC's website at www.sec.gov or by calling 1-800-966-4354.
Investors should consider the investment objective, risks, charges, and expenses of the Stance ETF carefully before investing. A prospectus with this and other information may be obtained at www.stancecap.com, or by calling 617‑875-1062. Read the prospectus carefully before investing.
ETFs involve risk, including possible loss of principal.
Shares of the Stance ETF are distributed by Vigilant Distributors, LLC, which is not affiliated with Stance Capital or Hennessy Advisors, Inc.
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SOURCE Hennessy Advisors, Inc. | https://www.wibw.com/prnewswire/2022/08/29/hennessy-advisors-inc-add-etfs-fund-lineup/ | 2022-08-29T21:29:00Z |
Even rich people may need to rein in spending as the global economy wavers
By Paul R. La Monica, CNN Business
Are upper middle class and affluent shoppers starting to feel the pinch from higher prices and geopolitical concerns? If so, what does that mean for the rest of American consumers?
Stock market volatility, inflation and concerns about rising interest rates could soon slow all parts of the economy — even demand for luxury goods.
Gary Friedman, the CEO of high end furniture retailer RH, said in its earnings call last week that “we have experienced softening demand in the first quarter that coincided with Russia’s invasion of Ukraine in late February and the market volatility that followed.”
“I don’t think anybody really understands how high prices are going to go everywhere, in restaurants, in cars and everything,” Friedman said, adding that those increases will hurt all consumers and that companies like his are going to be in a “tricky space.”
Shares of RH, which Warren Buffett’s Berkshire Hathaway owns a stake in, plunged on the cautious comments and weaker outlook.
Other companies that cater to wealthier consumers are also starting to warn that demand could be hit by all the worrisome headlines.
“The market is experiencing unprecedented volatility from the heightened impacts of a number of macroeconomic and geopolitical challenges. These include the war in Ukraine as well as inflationary pressures, which impact both our own business and the overall consumer spending,” said Stefan Larsson, the CEO of PVH, which owns the Tommy Hilfiger and Calvin Klein brands and licenses the Michael Kors and Kenneth Cole New York brands.
Larsson added that the company will “continue to navigate ongoing pandemic headwinds, particularly supply chain and logistics delays, especially in North America, in addition to the recent virus resurgences in Asia.”
But some Wall Street analysts are still optimistic that luxury companies will continue to do well.
“Luxury brands should outperform, as they will likely continue to have pricing power, which will keep margins elevated, and they could see a boost if international travel returns to pre-pandemic levels,” said Zachary Warring, an analyst with CFRA Research.
Warring specifically cited pricey parka maker Canada Goose and athleisure apparel giant Lululemon as two companies that could do well even if inflation worries persist. Lululemon shares soared last week after the company reported strong earnings.
Worries about a major slowdown in the US could be overblown as well.
“We don’t buy the gloomy scenarios for luxury just yet,” Erwan Rambourg, global head of consumer and retail research at HSBC, said in a report last week. “We are surprised to hear some talk of dire sales decline scenarios in the US, given continued evidence of a good appetite for luxury brands.”
Rambourg said that LVMH, the luxury goods giant that bought Tiffany early last year and also owns Louis Vuitton and Dior, should impress investors when it reports earnings later this month. Rambourg said that sales in most of the world should be solid, with the notable exception of China.
“The only market for which we expect moderation of growth to be a bit visible is mainland China,” Rambourg added, pointing out that Covid-related lockdowns could hurt luxury demand there.
But Rambourg also didn’t rule out the possibility of a global market and economic slump eventually hitting luxury sales. He said in the report that a recession, a sharper drop in stock prices and a prolonged conflict in Ukraine are the key risks facing high-end consumer companies.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/04/even-rich-people-may-need-to-rein-in-spending-as-the-global-economy-wavers/ | 2022-04-04T17:34:30Z |
With just days left until scheduled execution, supporters rally to save Melissa Lucio
By NICK STARLING
Click here for updates on this story
DALLAS, Texas (KTVT) — From coast to coast, the fight to save Melissa Lucio hit the streets on Saturday, April 23, 2022.
She was convicted of killing her 2-year-old daughter Mariah in 2007.
Now at 53-years-old, she’s on Texas’ death row and is scheduled to be executed next Wednesday.
But there are pleas from her supporters, including her family, lawmakers, and even celebrities, to save the life of a woman they believe was unjustly convicted..
To help drive attention to this case, Lucio’s supporters placed a banner above interstate traffic along I-30 and Hotel Street in Dallas to send a message.
“The hope is that justice will be served and she won’t be executed,” said Lucio supporter Richard Thomas.
“We figured a banner drop would bring more attention as people drive and look up and wondering what’s going on with Melissa Lucio,” said Lucio supporter Carmen Ayala.
She wanted to get involved because she believes Lucio didn’t get a fair trial and was wrongfully convicted. “It’s important for me to get involved because you see injustices all across the nation and when it happens in Texas, I can’t help but get involved.”
If Lucio is executed, she would be the first Hispanic woman to receive the death penalty in Texas.
“That’s why it also resonates with me as a Latina woman, because if I don’t stand up or speak for another Latina woman, I can’t expect that for me,” added Ayala.
Lucio’s attorneys are seeking clemency, calling on the Texas Board of Pardons and Paroles to recommend that Texas Governor Greg Abbott commute her sentence before she is executed on Wednesday.
At trial, prosecutors argued Lucio was an abusive mother who likely caused injuries resulting in Mariah’s death. However, Lucio’s attorney’s say the injuries were from an accidental fall.
Meanwhile, her supporters say they’re hopeful their efforts will work and that Lucio’s sentence will be commuted.
“If I didn’t believe she was innocent, I wouldn’t be out here doing the work that I do,” said Ayala.
It will be up to Texas Governor Greg Abbott, the Texas Board of Pardons and Parole, and the current Cameron County District Attorney to stop the execution from happening before Wednesday.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/24/with-just-days-left-until-scheduled-execution-supporters-rally-to-save-melissa-lucio/ | 2022-04-24T20:09:13Z |
Sarasota deputies looking for missing endangered woman
Published: Aug. 23, 2022 at 8:45 PM EDT|Updated: 25 minutes ago
SARASOTA, Fla. (WWSB) - The Sarasota County Sheriff’s Office is looking for a missing elderly woman believed to be in danger due to health-related issues.
Rachelle Schwartzberg, 75, is 5 feet, 2 inches tall and weighs about 180 pounds. She was last wearing capri pants, an unknown shirt and red-rimmed glasses.
Schwartzberg left Doctor’s Hospital at 7 p.m. Monday, driving a 2021 grey Kia Soul with Florida tag Z666GH.
The car was last seen Tuesday evening near Cortez Road and 75th Street in Bradenton. It is believed she may still be in that area.
Anyone with information regarding the whereabouts of Mrs. Schwartzberg is asked to contact local law enforcement to assist in locating her.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/24/sarasota-deputies-looking-missing-endangered-woman/ | 2022-08-24T01:13:17Z |
Nichelle Nichols as Lt. Nyota Uhura in a 1967 episode of "Star Trek: The Original Series." Nichols has died at age 89, according to a statement from her son, Kyle Johnson.
Nichelle Nichols as Lt. Nyota Uhura in a 1967 episode of "Star Trek: The Original Series." Nichols has died at age 89, according to a statement from her son, Kyle Johnson.
Nichelle Nichols as Lt. Nyota Uhura in a 1967 episode of "Star Trek: The Original Series." Nichols has died at age 89, according to a statement from her son, Kyle Johnson.
CBS/Getty Images
Nichelle Nichols as Lt. Nyota Uhura in a 1967 episode of "Star Trek: The Original Series." Nichols has died at age 89, according to a statement from her son, Kyle Johnson.
Actress and singer Nichelle Nichols, best known for her groundbreaking portrayal of Lt. Nyota Uhura in "Star Trek: The Original Series," has died at age 89, according to a statement from her son, Kyle Johnson.
"Last night, my mother, Nichelle Nichols, succumbed to natural causes and passed away. Her light however, like the ancient galaxies now being seen for the first time, will remain for us and future generations to enjoy, learn from, and draw inspiration," Johnson said in a statement shared to Nichols' official site on Sunday. "Hers was a life well lived and as such a model for us all."
Nichols died from natural causes, he said.
Nichols portrayed communications officer Lt. Nyota Uhura in the "Star Trek" TV series and many of its film offshoots.
When "Star Trek" began in 1966, Nichols was a television rarity: a Black woman in a notable role on a prime-time television series. There had been African-American women on TV before, but they often played domestic workers and had small roles; Nichols' Uhura was an integral part of the multicultural "Star Trek" crew.
The Rev. Martin Luther King Jr. called it "the first non-stereotypical role portrayed by a Black woman in television history."
Nichols is widely known for participating in one of the first interracial kisses on US television when her character kissed James T. Kirk, portrayed by White Canadian actor William Shatner. In an interview with CNN in 2014, Nichols said the kiss scene "changed television forever, and it also changed the way people looked at one another."
After "Trek's" three-season run, Nichols dedicated herself to the space program. She helped NASA in making the agency more diverse, helping to recruit astronauts Sally Ride, Judith Resnik and Guion Bluford, among others.
George Takei, who portrayed the USS Enterprise's helmsman Hikaru Sulu, posted a touching tribute to his co-star.
"I shall have more to say about the trailblazing, incomparable Nichelle Nichols, who shared the bridge with us as Lt. Uhura of the USS Enterprise, and who passed today at age 89," wrote Takei on Twitter. "For today, my heart is heavy, my eyes shining like the stars you now rest among, my dearest friend."
"We lived long and prospered together," he added with a photo of the pair making the iconic Vulcan salute.
The National Air and Space Museum called Nichols "an inspiration to many, not just for her groundbreaking work on Star Trek but also through her work with NASA to recruit women and people of color to apply to become astronauts" on Twitter.
Stacey Abrams, the Democratic gubernatorial nominee in Georgia, also posted a tribute to the actress. "Godspeed to Nichelle Nichols, champion, warrior and tremendous actor," wrote Abrams on Twitter alongside a photo of herself with Nichols. "Her kindness and bravery lit the path for many. May she forever dwell among the stars."
Nichols was born Grace Dell Nichols near Chicago in 1932. (Unhappy with Grace, she took the name Nichelle when she was a teenager.) Her grandfather was a White Southerner who married a Black woman, causing a rift in his family.
Blessed with a four-octave vocal range, Nichols was performing in local clubs by the time she was 14. Among the performers she met was Duke Ellington, who later took her on tour. She also worked extensively in Chicago clubs and in theater.
She moved to Los Angeles in the early '60s and landed a role in a Gene Roddenberry series, "The Lieutenant." A number of "Star Trek" veterans, including Leonard Nimoy, Walter Koenig and Majel Barrett, also worked on the show.
When Roddenberry was creating "Trek," he remembered Nichols. She was in Europe when she got the call.
Uhura wasn't in the original script, and Nichols was responsible for the name. She was reading a book called "Uhuru" -- "freedom" in Swahili -- and suggested her character take the name. Roddenberry thought it was too harsh.
"I said, 'Well, why don't you do an alteration of it, soften the end with an 'A,' and it'll be Uhura?' " she recalled. "He said, 'That's it, that's your name! You named it; it's yours.' "
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SOUTH JORDAN, Utah, Aug. 4, 2022 /PRNewswire/ -- Lucid Software, a leading provider of visual collaboration software, today announced the ability for enterprise organizations to streamline their Lucid Slack app deployment by making both Lucidspark and Lucidchart for Slack available across the entire organization.
Slack is the collaboration hub that brings the right people, information, and tools together to get work done. These org-wide apps for Slack will enable customers to deploy Lucid products across their entire organization, regardless of the number of Slack workspaces. This makes it easy for users to quickly access Lucid Slack apps from wherever they're working, enabling more efficient collaboration and communication on Lucid documents right within Slack.
"Enterprise teams today are working across an ever-growing number of workstreams and applications, often hindering communication and innovation," said Dan Lawyer, chief product officer at Lucid. "Our goal at Lucid is to work where teams work, and this org-wide deployment for Lucid Slack apps brings visual collaboration right to teams' existing workflows and therefore streamlining collaboration so teams can build the future even faster."
The Lucidspark and Lucidchart Slack apps make it easy for users to quickly share Lucid docs, set permissions, create new documents using Slack shortcuts, and push updates back to Lucid products right from Slack. By making the Lucid apps available across an entire organization's Slack workspaces, users can leverage these features to innovate, collaborate and align more effectively.
The enhanced apps for Slack build on Lucid's integrations with enterprise tech industry leaders, including Google, Atlassian and Microsoft. These integrations with the Lucid Visual Collaboration Suite make it possible for teams to maximize the value of their tech stack while simultaneously improving engagement and creativity.
Get started today by adding the Lucidspark and Lucidchart Slack apps to your organization.
Lucid Software Inc. offers a leading Visual Collaboration Suite that helps teams see and build the future from idea to reality. With its products—Lucidchart, Lucidspark and Lucidscale—teams can align around a shared vision, clarify complexity, and collaborate visually, no matter where they're located. Top businesses use Lucid's products all around the world, including customers such as Google, GE and NBC Universal. Lucid's partners include industry leaders such as Google, Atlassian and Microsoft. Since the company's founding, it has received numerous awards for its products, business and workplace culture. For more information, visit lucid.co.
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SOURCE Lucid Software | https://www.kxii.com/prnewswire/2022/08/04/lucid-software-broadens-enterprise-offerings-with-enhanced-slack-apps-lucidspark-lucidchart/ | 2022-08-04T15:44:31Z |
August 11, 2022 - September 23, 2022
NEW YORK CITY, Aug. 4, 2022 /PRNewswire/ -- Sustainable multidisciplinary artist Isabel Varela will host her second solo art exhibition, Clothes: Minded and Repurposed, from August 11 - September 23, exposing audiences to the dangers of waste in the fashion industry and how her personal experiences helped shape her position as a passionate environmental activist. Varela has partnered on the event with ChaShaMa, an organization that helps create a more diverse and inclusive world for community-centric artists.
Clothes: Minded and Repurposed is a follow up to Varela's debut solo art exhibit, Clothes: Minded, which ran in 2018 at the Caelum Gallery in NYC. The event featured Varela's work alongside like-minded sustainable artists, working together to captivate the reality of wasteful fashion and what we as a community can do to help improve things. Clothes: Minded and Repurposed will build on her 2018 concept, highlighting fashion industry malpractices and sharing a variety of initiatives people can take to voice their support. The exhibit will feature mixed media pieces centered on these concepts, including: three 10-foot sculptures, one 10-foot x 10-foot sculpture, three 60 x 60 inch mixed media works, and three 40 x 40 inch mixed media paintings.
Varela's main inspiration for the exhibit is her personal experience. She takes this space and opportunity to turn her pain, shame, and guilt into a powerful learning tool for others to help them transform and heal – which, in turn, heals our planet.
Click here to secure your tickets.
Isabel Varela began her career as a fashion designer in her mid-twenties, intent on becoming a global sensation when the reality of $100K debt caused her dreams to come crashing down. Today, she is a sustainably-minded designer, artist, advocate, keynote speaker, and life coach, utilizing her platform to help others hang up their addiction and tap into the only solution to self-destructive behavior – self-love.
Since 1995, ChaShaMa has partnered with property owners to transform unused real estate for 30,000 artists, hosted 4,000 public art events, provided 1,500 classes in under-served communities, and reached audiences of nearly a million.
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SOURCE Isabel Varela | https://www.wibw.com/prnewswire/2022/08/04/environmental-artist-isabel-varela-launches-sustainable-fashion-exhibit-chashama/ | 2022-08-04T19:20:15Z |
CEDARHURST, N.Y., July 27, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Unilever PLC (NYSE: UL), if they purchased the Company's American Depositary Receipts ("ADRs") between September 2, 2020 and July 21, 2021, inclusive (the "Class Period"). Shareholders have until August 15, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-ul/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.wibw.com/prnewswire/2022/07/28/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-unilever-plc-ul/ | 2022-07-28T03:48:41Z |
NEW YORK and LOGAN, Utah, Sept. 13, 2022 /PRNewswire/ -- AmyntaGroup, a leading insurance services provider, has acquired the extended warranty operations of iFIT Health & Fitness Inc., operated through its wholly owned subsidiary, Universal Technical Services (UTS).
iFIT is the industry's largest at-home fitness equipment company, whose equipment brands include NordicTrack, ProForm, Weider and FreeMotion. UTS is the exclusive distributor and administrator of branded extended warranty and maintenance plans for all iFIT fitness equipment brands in the U.S. and international markets. As part of the transaction, Amynta has entered into a long-term strategic partnership with iFIT to deliver a full-service platform of extended warranty protection and maintenance plans for all iFIT fitness equipment. UTS is based in Logan, Utah and will operate under the continued leadership of Nick Palmer, Vice President of UTS, and Greg Lindsay, Director of UTS.
"I am excited to welcome Nick, Greg and the UTS team to Amynta," said Tim Mrotek, President of Global Consumer Warranty at Amynta. "This transaction expands our presence into the fitness space through a well-established operating platform serving iconic fitness brands. UTS brings expertise and scale to the fitness category, complementing our offerings and aligning with our strategy of building and growing our position in attractive consumer end markets."
"I'm thrilled to announce the sale of our extended warranty operations and our strategic partnership with Amynta," said Dale Gerard, Chief Financial Officer of iFIT. "Amynta brings best-in-class warranty solutions that will enhance the iFIT member experience throughout our line of fitness products. This partnership will allow iFIT to focus on developing our best-in-class fitness technology, member content and products, while strengthening our extended warranty solutions for NordicTrack, ProForm, FreeMotion and iFIT members worldwide. We look forward to working with Amynta to support our members for years to come."
Truist Securities, Inc. served as financial advisor, and Kirkland & Ellis LLP acted as legal counsel to iFIT.
Amynta Group is a premier insurance services company with more than $3.5 billion in managed premium and 2,000 associates across North America, Europe, and Australia. An independent, customer-centered and underwriting-focused company, Amynta serves leading carriers, wholesalers, retail agencies, auto dealers, OEMs, and consumer product retailers with innovative insurance and warranty protection solutions. Amynta operates through three segments: Managing General Agencies; Warranty, including automotive, consumer and specialty equipment; and Specialty Risk Services. For more information, please visit amyntagroup.com.
iFIT® is a global fitness and well-being subscription technology company that provides unmatched fitness experiences and solutions to its growing community of over 7.7 million members in over 120 countries. iFIT's industry-leading brands – NordicTrack®, ProForm®, Sweat®, Freemotion®, Weider® and 29029® – are powered by the iFIT integrated health and fitness platform, which seamlessly connects the company's proprietary software, experiential content and interactive hardware. Based in Logan, Utah, with offices in Paris, Shanghai, Sydney and Leeds, the company offers immersive, adaptive, personalized workout experiences for every fitness level and interest. iFIT delivers these patented interactive experiences through an extensive offering of live and on-demand content across the industry's broadest range of connected fitness modalities. iFIT is a leader and pioneer in the health and well-being industry with more than 400 issued and pending patents. For more information, please visit ifit.com.
Brenna Tetley
Phone: 646.887.9498
Email: Brenna.Tetley@amyntagroup.com
Chris Ezbiansky
Phone: 646.207.9674
Email: Chris.Ezbiansky@amyntagroup.com
Colleen Logan
Email: Colleen.Logan@ifit.com
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SOURCE The Amynta Group | https://www.wibw.com/prnewswire/2022/09/13/amynta-group-acquires-ifit-health-amp-fitness-extended-warranty-operations/ | 2022-09-13T20:39:05Z |
Police: ‘Fat Leonard’ from Navy bribery scandal escapes house arrest in San Diego
SAN DIEGO (AP) — The military contractor who pleaded guilty to orchestrating the “Fat Leonard” corruption scandal and was under house arrest in San Diego is now on the run after cutting off his GPS monitoring ankle bracelet over the weekend, federal authorities said.
Supervisory Deputy U.S. Marshal Omar Castillo said Leonard Glenn Francis removed the tracker Sunday, the San Diego Union-Tribune reported.
After police officers found Francis’ home empty, the San Diego Regional Fugitive Task Force and the Naval Criminal Investigative Service began a high-profile search, the newspaper reported.
Castillo said neighbors witnessed U-Haul moving trucks coming to and from Francis’ home in the days before his escape.
Francis was arrested in San Diego in 2013 and pleaded guilty in 2015 to offering $500,000 in bribes to Navy officers. In exchange, the officers passed him classified information and even went so far as redirecting military vessels to ports that were lucrative for his Singapore-based ship servicing company.
Prosecutors say Francis and his company overcharged the U.S. military by more than $35 million for its services.
Francis has been on house arrest since at least 2018 and under the supervision of a federal agency that monitors defendants who are out of custody until sentencing. He was set to be sentenced at the end of month.
Francis’ defense attorney, Devin Burstein, declined to comment to the Union-Tribune on Monday.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/06/police-fat-leonard-navy-bribery-scandal-escapes-house-arrest-san-diego/ | 2022-09-06T11:24:23Z |
Backyard mosquito spraying is on the rise but may be too deadly
CASCADE TOWNSHIP, Mich. (AP) — It’s an increasingly familiar sight in U.S. cities and suburbs: A van pulls up to the curb. Workers wearing gloves, masks and other protective gear strap on backpack-type mechanisms with plastic hoses, similar to leaf blowers.
Revving up the motors, they drench trees, bushes and even house walls with pesticides targeting an age-old menace: mosquitoes.
The winged, spindly-legged bloodsuckers have long been the bane of backyard barbecues and, in tropical nations, carriers of serious disease. Now, with climate change widening the insect’s range and lengthening its prime season, more Americans are resorting to the booming industry of professional yard spraying.
“If you like to be outside, it certainly makes it more pleasant not to be swatting mosquitos and worrying about all the issues,” said Marty Marino, a recent customer in Michigan’s Cascade Township, a bedroom community near Grand Rapids.
But the chemical bombardment is beginning to worry scientists who fear over-use of pesticides is harming pollinators and worsening a growing threat to birds that eat insects.
“The materials these companies spray kill all bugs,” said Lynn Goldman, an environmental health professor at George Washington University and former assistant administrator for toxic substances at the U.S. Environmental Protection Agency.
“That includes bees, butterflies and all kinds of beneficial bugs that maybe people don’t love but should,” Goldman said. “It’s not good to have this kind of indiscriminate killing, messing up the whole ecosystem.”
More than 40% of insect species worldwide are threatened with extinction, including some pollinator bees and butterflies, according to the journal Biological Conservation.
Spraying companies, which have been multiplying with the surging demand, say they try to minimize pollinator losses but acknowledge there’s collateral damage.
Mosquito Joe, which treated Marino’s yard and those of several neighbors on a humid July morning, avoids spraying on windy days when poisons would blow onto flowering plants that attract bees, said Lou Schager, president of the company based in Virginia Beach, Virginia.
“We need our pollinators,” said David Price, the company’s director of technical services. “They’re incredibly important. But at the same time, we need to eliminate mosquitoes that (carry) diseases.”
In 2020, the U.S. Centers for Disease Control and Prevention reported “dramatic” increases in illnesses spread by mosquitoes and other blood feeders. Zika, Chikungunya and West Nile viruses have turned up in the U.S. And Asian tiger and yellow fever types of mosquitoes that originated in the tropics are now common in Southern states and have begun afflicting Southern California.
With climate change, Michigan’s mosquito season is about a month longer at the beginning and the end than a few decades ago, as warm-weather varieties increasingly turn up, entomology professor Edward Walker of Michigan State University said.
Meanwhile, the revenue from mosquito spraying has soared, according to Pest Control Technology, a trade publication. Exterminators are adding mosquitoes to their traditional services, and new companies are making mosquitoes their primary focus.
Overall industry totals weren’t available. But more than 70% of pest control companies surveyed last year offered the service, up from 38% in 2014. It generated nearly one-fifth of company revenue in 2021.
A Zika outbreak that began in 2015 and spread to more than 80 countries helped fuel the surge in the business, said Daniel Markowski, technical adviser to the American Mosquito Control Association, a 1,200-member nonprofit group.
“It was all over the media,” said Markowski, and “made a lot of pest control companies say, ‘Holy cow, I could make a lot of money with residential services.’”
Established in 2010, Mosquito Joe now has 173 franchises in 39 states, Schager said.
Many companies use a “residual barrier” strategy, spraying pesticide around the perimeter of a property that typically lasts several weeks. When mosquitoes settle on the bushes or trees, they get a lethal dose.
For yard treatments, companies typically use pyrethrins — bug-killing substances produced by chrysanthemum flowers — or synthetic imitators called pyrethroids.
The federal government says the chemicals are safe for humans when used as directed and mostly nontoxic to birds. But they’re deadly to fish and bees, and harm birds indirectly by killing insects they feed on, Goldman said.
A drop-off of 3 billion North American birds in recent decades has consisted largely of insect eaters, from the whip-poor-will to redwing blackbirds and barn swallows.
EPA says it is seeking more information about pollinator harm as part of a periodic review of pyrethrins and pyrethroids and could order labeling changes if needed.
Critics also contend homeowners are falling for company sales pitches when simpler methods, such as emptying stagnant water sources and running electric fans, would keep mosquitoes away.
The mosquito control association says companies should first clear out mosquito breeding areas and spray only when an inspection shows it’s needed, instead of on a set schedule.
“If I’m doing my job, you won’t need my mosquito service over time,” said Dan Killingsworth, operations director for Environmental Security Pest Control, based in Panama City Beach, Florida. “If I can reduce mosquitoes on your property to where they’re no longer a problem, we can potentially eliminate that service.”
Many companies don’t go to such lengths, Markowski said. “They’ll just come out and spray your property and leave.”
Schager said his company limits its insecticide use and usually sprays every three to four weeks, arguing that regular treatments are needed to disrupt breeding cycles.
Marino, the Michigan homeowner, says he’s trying an optional spray of water mixed with “essential oils” from plants such as garlic, lemongrass, peppermint and rosemary, which are less harmful to other insects. About 10% of Mosquito Joe’s clientele use this option, although most prefer the longer-lasting pyrethroids, Price said.
The company charges around $90 per treatment with pyrethroids, while oils cost about 20% more, he said.
“One of our dogs likes to eat wood chips from the landscaping,” Marino said. “If there’s the synthetic insecticide on it, that’s a great concern.”
——
Follow John Flesher on Twitter: @JohnFlesher
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Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/19/backyard-mosquito-spraying-is-rise-may-be-too-deadly/ | 2022-08-19T13:48:37Z |
Timely International Forum on One Korea convened by Global Peace Foundation, One Korea Foundation, Action for Korea United, and the Alliance for Korea United USA
WASHINGTON and SEOUL, South Korea, April 22, 2022 /PRNewswire/ -- Leading Korea experts in the United States and South Korea said the election of Yoon Suk-yeol as the next president of South Korea, North Korea's reactivation of missile tests, and Russia's unprovoked invasion of Ukraine underscored the need for a strong and credible international security architecture, a recommitment to the U.S.-ROK alliance, and robust support for a free and unified Korea as the ultimate solution for Northeast Asia regional peace and development.
U.S. Congressional leaders, ROK National Assembly members, Korea experts, North Korean defectors, and U.S. and ROK military leaders expressed support for the incoming administration and guarded hopes for advances in the complex process of reunification during an April 21 virtual forum.
General Vincent Brooks, former commander of the combined Korean and United States forces in the Republic of Korea, called for a strong posture by the ROK – U.S. alliance. "North Korea, China and Russia will seek to weaken the linkage between South Korea and the United States," Gen. Brooks told the forum. "They will do that by creating issues on matters that should otherwise be resolved [and]putting pressure on matters of security, matters of economy, matters of policy."
Col. David Maxwell, a senior fellow at the Foundation for Defense of Democracies, said the president-elect must recognize that "the only acceptable durable political arrangement that will serve the Korean people and ROK and U.S. interests is the establishment of a United Republic of Korea that is secure and stable, non-nuclear, economically vibrant, and unified under a liberal constitutional form of government based on individual liberty, rule of law, free market economics and human rights as determined by the Korean people. In short, a United Republic of Korea."
Six distinguished members of the Republic of Korea's National Assembly urged China to support peace and create space for cooperation between the two Koreas, at the same time strengthening a multilateral security framework among allies who share the noble values of liberal democracy.
"Emerging and never-before-seen threats and challenges require even closer cooperation and more sustained partnership to ensure shared prosperity and security in the years and decades ahead," said U.S. Rep. Gregory Meeks (NY), chairman of the U.S. House of Representatives Committee on Foreign Affairs. "This effort includes taking steps to deepen our trilateral cooperation with Japan, enhance plurilateral cooperation to keep the Indo-Pacific free, open, and inclusive, and strive towards the denuclearization of North Korea and a free and unified Korean Peninsula."
Global Peace Foundation (GPF) Founder and Chairman Dr. Hyun Jin P. Moon condemned Russia's unprovoked war in Ukraine and the toll of destruction and human suffering, while praising the courage and determination of the Ukrainian people and resolute international response.
"The Ukrainian crisis is a rude awakening that should be a catalyst for a bold new approach and clear strategic thinking across the Korean peninsula," the GPF chairman said. "That should begin with the people of South Korea who enjoy freedom but have become indifferent."
"A unified Korea that upholds fundamental human rights and values should become the clearly stated and actively pursued policy of ROK's new Yoon administration, as well as the U.S., allies, and the United Nations. This would provide a clear end goal for Korea policy and a framework for all negotiations with North Korea."
The forum was convened both virtually and in-person in Seoul, Korea.
Contact: media@globalpeace.org
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SOURCE Global Peace Foundation | https://www.wibw.com/prnewswire/2022/04/22/policy-experts-call-strengthening-us-rok-alliance-korean-reunification-end-goal-regional-security-development/ | 2022-04-22T14:51:07Z |
- GR Supra evolves again with a new manual transmission (MT) option
- MT available on GR Supra 3.0, 3.0 Premium and the A91-MT Edition, which is limited to 500 units for the U.S.
- A91-MT offered in two exclusive exterior colors, Burnout and CU Later Gray, both with a unique hazelnut leather trimmed interior
- Refined handling across all GR Supra 2.0/3.0/A91 models with new steering and suspension tuning and new Hairpin+ function on 3.0/A91 models
- Premium 12-speaker JBL Audio system standard on all 3.0 Premium and A91-MT models
- Complimentary 1-year membership to the National Auto Sport Association, featuring a High-Performance Driving Event with expert instruction
SALT LAKE CITY, Sept. 7, 2022 /PRNewswire/ -- The 2023 Toyota GR Supra adds a new dimension to the driver experience thanks to a new six-speed intelligent Manual Transmission option. Already a blend of performance, power and style, the 2023 Supra's addition of a stick shift brings hands-on engagement to the mix. It also holds to Toyota GAZOO Racing's on-going tweaks to the fifth generation Supra, with yet another update to the model that continues to make its mark in the sports car segment.
"When we revealed the GR Supra back in 2019, we tapped into a heritage nameplate for Toyota," said Mike Tripp, vice president of Toyota Vehicle Marketing and Communications. "But we were regularly asked if there would be a manual version. We immediately took that feedback to heart and started developing it, and we're happy that we can now bring customers the perfect complement for Supra's high-torque, high output engine with a six-speed manual."
The Manual Transmission is available as an option on the Supra 3.0 and 3.0 Premium. Supra also adds to its head-turning looks with new colors and special editions. A limited A91-MT Edition model will also be produced for model year 2023 only. Available colors for the MT 3.0 and 3.0 Premium will include all standard Supra colors plus a new Stratosphere Blue color, which will also be available on Supra 2.0. The A91-MT Edition will be available in Burnout (matted white) and CU Later Gray.
The GR Supra MT is arriving on dealer lots now with a Manufacturer's Suggested Retail Pricing (MSRP) starting at $52,500.
Developed by Toyota GAZOO Racing Engineers in cooperation with Toyota Motor Europe and German transmission supplier ZF, the GR Supra's manual transmission was built with components designed specifically to suit the power and torque characteristics of its 3.0-liter 382-hp straight-six engine.
The engineering team combined an existing transmission housing and gear set, developed a new shift lever and removed elements that were not required, such as the acoustic package, which reduced weight, bringing the manual equipped Supra in at 3,389 pounds. At the heart of the transmission is a newly engineered large diameter clutch with a reinforced diaphragm spring. With a larger friction area and a stronger spring, this new component has the high-performance capability appropriate for use with the GR Supra's high-torque engine.
The manual gearbox also features an Intelligent Manual Transmission (iMT) programmed with new software that prioritizes sporty performance. When upshifting, the parameters are tuned to optimize engine torque at the moment of clutch engagement and release; on downshifts, the software includes rev matching for consistent performance. The iMT is set as the default, but, if the driver prefers, it can be switched off in Individual Mode.
To support take-off, the final drive ratio has been shortened, from 3.15 (in the GR Supra automatic) to 3.46 (in the GR Supra MT). The result is response and gearing appropriate for sports car performance and a manufacturer estimated zero-to-sixty time of 4.2 seconds.
Close attention was also paid to how a manual shifter could be accommodated in the driver's cockpit. The lever ratio was specifically set to minimize the effort required to make shifts and engage reverse gear. While the weight and shape of the shift knob, along with the quality of shift engagement, have all been precisely defined. Ergonomics were also considered, as the console unit and position of the drive mode selector were adjusted to provide a 1.7-inch clearance between the shift knob and the control panel.
The GR Supra was Toyota's first global GAZOO Racing (GR) model and the dream of Toyota President Akio Toyoda to deliver a car that is purely about the joy of driving.
Subsequently, the introduction of models, like the GR Corolla and the GR86 coupe, have reinforced the special qualities that define the GR brand – cars that are born out of a passion for driving and draw directly on the world championship-winning expertise and experience of TOYOTA GAZOO Racing.
At launch, the 2020 GR Supra was offered with a straight-six 3.0-liter engine with 335 hp and 365 lb.-ft. of torque matched to an eight-speed automatic transmission. In 2021, the GR team increased the 3.0 Supra to 382 hp and 367 lb.-ft. of torque and introduced a turbocharged four-cylinder GR Supra 2.0 with 255 horsepower and a stout 295 lb.-ft. of torque.
While the car and its performance have received high praise worldwide from media and fans alike, inevitably, the question of whether a manual gearbox would be available persisted. Now that it's official, the addition of a manual transmission option to the Supra lineup means Toyota will offer all three of its U.S. GR models with a stick, which is standard on the GR Corolla and available as an option on GR86.
The GR Supra's traction and braking have been optimized for operation with a manual transmission.
With the automatic, it's possible to use second gear when pulling away uphill when opposite wheels are on surfaces with different grip levels – for example, when the car is parked on a partly icy road, progress is smooth with virtually no rolling back or wheel slip. With a manual gearbox, first gear must be used and releasing the clutch brings a greater risk of wheel spin. To address the issue, Toyota engineers have tuned the car's TRAction Control (TRAC) system to achieve smooth operation similar to the automatic. The system is also optimized for the GR Supra's characteristic high engine torque, wide tires and rear-wheel drive.
The car's character when accelerating out of a corner is a key element in the "Fun to Drive" quality Toyota has developed for the GR Supra. For the new manual version, the traction control has again been the focus to ensure an ideal balance of agility and stability when exiting a corner on the throttle. TRAC intervention has been calibrated to help maintain stability – so the car can keep faithfully to the driver's intended line – while allowing the right amount of power for a sporty experience.
The ambition to make the GR Supra fun to drive in the most demanding scenarios has helped inspire the introduction of a new Hairpin+ function. This is designed to allow more freedom and reward when taking tight bends on an uphill gradient (more than 5%) with a high-friction road surface. More "freewheel" spin can make such routes more enjoyable to drive, so Toyota has optimized engine torque control to allow a greater difference in wheel spin between the left and right-side tires.
To counter the possibility of "snap-off" oversteer – something that may be hard to control with the car's Vehicle Stability Control (VSC) alone – an Anti-Roll Program (ARP) has been adopted for both the manual and automatic versions of the GR Supra. This intervenes at an earlier point with the VSC to counter any sudden loss of grip when the car's high-response suspension setting is used.
On all grades, drivers can select from Normal, Sport and Individual modes that adjust throttle response, suspension damping and power steering settings. Additionally, 3.0 grade and up include an Adaptative Variable Suspension (AVS) with sensors that constantly detect changes in the driving operations and road surface conditions, and solenoid valves finely control the damping force of the shock absorbers. In 3.0 grade and higher, NORMAL mode provides a high-level balance between vehicle stability and supple ride comfort, enabling sports driving without sacrificing comfort. SPORT mode realizes a reassuring and flat vehicle posture with suppressed roll and driving with a more agile steering response.
The A91-MT special edition will be a 500 unit limited-run model that comes equipped with exclusive hazelnut-colored leather-trimmed seats, GR logoed shift knob and a 12-speaker acoustically tuned premium JBL sound system. On the outside, a red "Supra" Badge and red GR Supra emblazoned calipers punctuate its extreme, condensed design. It will be offered in two exclusive colors, Burnout and CU Later Gray, and comes equipped with unique forged 19-inch Frozen Gunmetal Gray wheels. Under the hood, red strut tower braces add one more accent to the already bold Supra.
All 2023 GR Supra 3.0 models, both AT and MT versions, will benefit from a retuned suspension with revised shock absorbers for improved roll balance and ride comfort. The mechanical components in the electric power steering and the system's operating parameters have also been retuned. All 3.0 models will have an active rear sport differential standard.
The 3.0 MT will come equipped with new 19-inch forged aluminum wheels and be available in previously available standard and premium colors plus the new Stratosphere Blue color. On the inside, heated black leather-trimmed seats are now standard. The 3.0 Premium has everything you will find on the 3.0, plus a red and black leather-trimmed interior, full color heads up display, acoustically tuned 12-speaker JBL sound system and Qi Wireless charger standard.
Supra Connect1 is also available. This advanced technology suite is designed to help you get more from your GR Supra 2.0 and 3.0 with Safety and Technology Package as well as the 3.0 Premium and A91-MT Edition and includes features like Automatic Emergency Call, Real-Time Traffic Information, Roadside Assistance and the available Supra Connect iPhone® app to lock/unlock the doors and activate Ventilation Now and Ventilation Timer features.
1 Available on GR Supra 2.0 and 3.0 w/Safety and Technology Package, 3.0 Premium and A91-MT Edition. 4G network dependent. Includes a 4-year trial period, except Enhanced Roadside Assistance, which is a 2-year period. Enrollment in a paid subscription required upon expiration of applicable trial period.
Toyota (NYSE: TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.
Toyota directly employs more than 39,000 people in the U.S. who have contributed to the design, engineering, and assembly of nearly 32 million cars and trucks at our nine manufacturing plants. By 2025, Toyota's 10th plant, in North Carolina, will begin to manufacture automotive batteries for electrified vehicles. With the more electrified vehicles on the road than any other automaker, a quarter of the company's 2021 U.S. sales were electrified.
To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to virtually visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.ToyotaNewsroom.com..
TOYOTA GAZOO Racing embodies Toyota's commitment to overcoming every limit to make 'ever-better' cars, to forge new technologies and solutions under the extreme conditions of motorsports, and to never stop innovating. TOYOTA GAZOO Racing races its cars to push the limits for better and to learn from the toughest challenges. Competing on every kind of road, no matter what the challenge, inspires TOYOTA GAZOO Racing to build 'ever-better' cars and engineer Toyota's future DNA to bring freedom, adventure, and joy of driving to everyone. For more information, visit www.toyotagazooracing.com.
Photos and B-Roll Available at pressroom.toyota.com
For customer inquiries, please call: 800-331-4331
Media Contacts:
Paul Hogard
469-292-6791
paul.hogard@toyota.com
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SOURCE Toyota Motor North America | https://www.mysuncoast.com/prnewswire/2022/09/07/power-shift-gr-supra-manual-transmission-now-sale-us-toyota-dealerships/ | 2022-09-07T11:55:43Z |
PITTSBURGH, May 18, 2022 /PRNewswire/ -- "I wanted to create a convenient sink that can be used to wash hands at remote locations," said an inventor, from Hoover, Ala., "so I invented the PORTABLE COLLAPSABLE SINK. My design eliminates the need to find a public restroom to wash hands and it could help to reduce the spread of germs."
The patent-pending invention provides a portable sink for use at remote outdoor locations. In doing so, it enables users to wash their hands and face, prepare food, etc. As a result, it improves hygiene and it increases convenience. The invention features a compact design that is easy to use and transport so it is ideal for outdoor enthusiasts. Additionally, it is producible in design variations and a prototype model is available upon request.
The original design was submitted to the Birmingham sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-BRK-2230, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/05/18/inventhelp-inventor-develops-portable-sink-remote-locations-brk-2230/ | 2022-05-18T17:10:46Z |
(NEXSTAR) – Inflation in the U.S. hit a 40-year high in March 2022 with the government’s consumer price index shooting up by 8.5% compared to the same time last year. Yet some parts of the country are feeling the pinch of inflation more than others.
According to the consumer price index, states in the South, as a whole, have seen the greatest spike – 9.1% – in inflation between March 2021 and March 2022. The West has experienced the second-worst spike, with an 8.7% change followed by the Midwest at 8.6%.
Last month, these rankings were the same – the South suffered the largest spike during the 12-month period ending in February 2022 at 8.4%, followed closely by the West and Midwest.
Within the most recent report, states in the Mountain West subregion – from Montana south to New Mexico – have been hit hardest at 10.4% change over the last year. Following the Mountain West is the West South Central subregion – Texas, Oklahoma, Arkansas, and Louisiana, according to the Census Bureau – with an inflation spike of 9.5% over the last year.
Of the 23 metro areas the Labor Department provides data for, the Tampa-St. Petersburg-Clearwater, Fla., area was the hardest hit by inflation since March 2021, seeing a 10.2% increase. Between January and March alone, the area experienced a 2.1% spike. Close behind was the Riverside-San Bernardino-Ontario, Calif. area, with a 10% rise.
The consumer price index shows the New York-Newark-Jersey City area experienced the smallest year-over-year inflation spike at 6.1%.
For the 14 areas with data available from Feb. 2022 rather than March 2022, the Phoenix-Mesa-Scottsdale, Ariz., area was the hardest hit, seeing a 10.9% increase. The San Francisco-Oakland-Hayward, Calif., area had the smallest inflation spike between Feb. 2021 and Feb. 2022 at 5.2%.
Across the economy, the year-over-year price spikes were widespread. Gasoline prices rocketed 48% in the past 12 months. Used car prices have soared 35%, though they actually fell in February and March. Bedroom furniture is up 14.7%, men’s suits and coats 14.5%. Grocery prices have jumped 10%, including 18% increases for both bacon and oranges.
The Associated Press contributed to this report. | https://cw33.com/news/states-hit-the-hardest-as-inflation-reaches-40-year-high/ | 2022-04-14T12:46:01Z |
BOISE, Idaho (AP) — It’s likely that virtually all abortions will be banned eventually in deeply conservative Idaho, along with most other Republican-dominated states, but there are still battles to play out in court and maybe the legislature before it happens.
Wednesday, lawyers representing a physician and the regional Planned Parenthood affiliate will be before the Idaho Supreme Court asking the justices to block enforcement of three laws intended to restrict abortion.
Since the top federal court’s June 24 ruling overturning the 1973 Roe v. Wade decision, the abortion fight has continued to play out in courts, with judges deciding whether bans or other deep restrictions can be enforced.
The landscape has been shifting nearly daily. Bans on abortion at any point in pregnancy are being enforced in eight states and as soon as fetal cardiac activity can be detected – generally around six weeks’ gestation – in another five. And most or all clinics have stopped offering abortion services in a handful of additional states because of legal uncertainty.
Abortion rights groups, which have spent decades in courts trying to preserve access, are continuing the fight even in places such as Idaho, where they’re unlikely to prevail in the long run.
In several cases, judges have paused enforcement of bans, allowing at least some abortions to continue, at least for a time.
In Kentucky, where enforcement of a ban has stopped and started multiple times since June, enforcement was allowed to resume with a ruling Monday.
And in Louisiana, there were about 610 abortions per month in 2021. With the shifting status, 249 were reported from June 24 through July 29. While that’s far fewer than normal in that period, the legal fight did allow some patients access.
In the Idaho cases, Dr. Caitlin Gustafson and Planned Parenthood Great Northwest, Hawaii, Alaska, Indiana, Kentucky are suing the state over over three laws. One expected to take effect on Aug. 19 would bans abortions for pregnancies beyond six weeks of gestation and one that would take effect on Aug. 25 would effectively ban all abortions. A third law allows potential relatives of a fetus or embryo to sue medical providers who perform an abortion.
Though the six-week abortion ban both contain exceptions for procedures done to save the life of the pregnant person or in cases of rape or incest, the exceptions set a very high bar that experts say will be difficult to meet. For instance, people using the rape or incest exception will have to report the crime to law enforcement and then show that report to the abortion provider — but it often takes weeks or months to obtain a copy of a newly filed police report under Idaho’s public record laws.
The total abortion ban would allow health care providers to be charged with a crime even if the abortion is the only way to save their patient’s life — but the health care providers could then try to defend themselves in court with evidence that the procedure was necessary because of an immediate medical emergency.
Gustafson and Planned Parenthood have argued in court documents that the medical emergency exemptions are vague and would be difficult or impossible to implement to provide care to a pregnant person whose life may be at risk. They say that some situations — like where the placenta starts to pull away from the uterine wall, causing risky bleeding, or when a pregnant person’s blood pressure begins to skyrocket — patients do sometimes die or experience long-term harm, but those outcomes aren’t always certain.
The doctor and abortion rights group argue that the law allowing potential relatives of an embryo or fetus to sue abortion providers wrongly takes enforcement of a state law and puts it in the hands of individuals instead of state entities, a violation of the separation of government powers. The law allows the father, grandparents, siblings, aunts and uncles of a “preborn child” to each sue an abortion provider for a minimum of $20,000 in damages within four years after the abortion. Rapists can’t file a lawsuit under the law, but a rapist’s relatives could.
The Idaho Legislature and the Idaho Attorney General’s Office have countered that it is in the state’s best interest to prohibit abortion and that the Legislature has the right to enact anti-abortion legislation. Idaho Attorney General Lawrence Wasden’s office has also argued that abortion rights advocates should take their fight to the ballot box, not the courts.
And the Idaho GOP during its annual convention last month passed a resolution opposing abortion in all instances — even if it is done to save the life of the mother.
Still, abortion rights advocates have become galvanized in the wake of the U.S. Supreme Court’s ruling.
Kansas voters on Tuesday rejected a ballot measure that would have allowed the Republican-controlled Legislature to tighten restrictions or ban the procedure outright in the conservative state with deep ties to the anti-abortion movement.
Abortion rights protests have garnered big crowds in Boise, with anti-abortion rallies frequently held nearby. One abortion rights protest was scheduled to be held at the Statehouse on Wednesday evening, starting several hours after the state’s highest court finishes hearing arguments in the Planned Parenthood cases.
The Boise City Council last month passed a resolution that limits the funding for investigating abortions and stating that investigations for the purpose of prosecuting abortion providers will not be prioritized.
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AP writers Sara Cline in Baton Rouge, Louisiana, and Geoff Mulvihill in Cherry Hill, New Jersey, contributed to this article. | https://cw33.com/news/u-s-news/ap-us-headlines/abortion-court-battles-press-on-even-in-deep-red-states/ | 2022-08-03T14:41:49Z |
- Will Invest in Texas Border Markets
ROSEMONT, Ill., May 18, 2022 /PRNewswire/ -- Brennan Investment Group, a private real estate investment firm that acquires, develops, and operates industrial facilities throughout the United States, is pleased to announce that Hildeberto Moreno has joined the company as Vice President. Mr. Moreno will have overall responsibility for the Texas border markets from El Paso to Brownsville. Moreno's role will include sourcing investments and portfolio management.
"We are excited to have Hildeberto join Brennan," said Troy MacMane, Co – Founder and Managing Principal at Brennan Investment Group. "Hildeberto brings deep experience, market knowledge, and strong broker relationships in the Texas border towns." Mr. MacMane is Managing Principal covering the State of Texas.
Mr. Moreno has a strong background in industrial development, business development and asset management. Before joining Brennan Investment Group, Moreno was Director of Land Development for Iron Horse in El Paso, where he was involved in dispositions and development. Prior to Iron Horse, Mr. Moreno served as Vice President at IDI Gazeley, overseeing development and construction for ten years in the West Texas/New Mexico regions. Earlier experience includes serving as Development Manager at ProLogis for industrial projects across the US-Mexican border.
"Geopolitical tensions, advances in manufacturing technology, and shifts in inventory management priorities have boosted industrial activity along the U.S. and Mexican borders," explained Michael Brennan, Brennan's Chairman and Co-Founder. "Our long-standing relationships with hundreds of manufacturing tenants provides Brennan with a unique opportunity to serve the reshoring of American manufacturing firms."
About Brennan Investment Group
Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired or developed $5 billion in industrial real estate in 30 states. The company's current portfolio spans 27 states and encompasses approximately 46 million square feet.
Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The company has 12 regional offices throughout the United States and the firm's management team is among the most accomplished in its industry, having invested in over 5,000 properties covering more than 60 cities throughout the United States, Canada and Europe.
For more information on Brennan Investment Group, go to brennanllc.com.
Contact: Ursula Walendzewicz, uwalendzewicz@brennanllc.com
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SOURCE Brennan Investment Group, LLC | https://www.wibw.com/prnewswire/2022/05/18/brennan-hires-hildeberto-moreno-vice-president/ | 2022-05-18T12:36:22Z |
The proven success of Flex Logix's eFPGA in over a dozen successful tape-outs demonstrates its eFPGA IP maturity which is critical to be part of the core technology used in the DoD's Rapid Assured Microelectronics Prototypes (RAMP)
MOUNTAIN VIEW, Calif., July 11, 2022 /PRNewswire/ -- Flex Logix® Technologies, Inc., the leading supplier of embedded FPGA (eFPGA) IP, architecture and software, announced today that it has been selected to be part of a team of microelectronic industry leaders, led by Microsoft, to build a chip development platform with the utmost regard for security as demonstrated by the DoD RAMP Project. Flex Logix was chosen for its leading embedded (eFPGA) technology that enables chips to be reconfigurable after tape-out, allowing companies to adapt to new requirements, changing standards and protocols as needed.
"Security can mean a lot of different things. For eFPGA, it means providing a means for keeping circuitry secret by programming the eFPGA in a secure environment," said Geoff Tate, CEO and Co-founder of Flex Logix. "We're honored to be working with Microsoft to bring Flex Logix's eFPGA technology as part of their Advanced Commercial Capabilities project for the DoD RAMP program."
The RAMP project intends to address and replace the obsolete practices utilized by the United States Government in support of state-of-the-art custom IC and system-on-chip design especially those associated with physical or "back-end" design. Given the long system lifetime of DoD systems, utilizing eFPGA provides the capability to make silicon changes to update algorithms or modify functionality and saves money by avoiding costly tape-outs and installation of replacement parts.
"Our collaboration with Flex Logix will help to advance flexibility to chip design," said Mujtaba Hamid, General Manager, Silicon, Modeling and Simulation, Microsoft. "The company's eFPGA technology has demonstrated success in supporting mission-critical applications and we look forward to bringing this capability to support national security priorities."
Using Flex Logix's EFLX®, chip developers can implement eFPGA from a few thousand LUTs to hundreds of thousands of LUTs with performance and density per square millimeter similar to leading FPGA companies in the same process generation. EFLX eFPGA is modular so arrays can be spread throughout the chip, can have all-logic or be heavy-DSP, and can integrate RAM in an array of many types.
Leveraging Flex Logix's patented interconnect used in EFLX, Flex Logix has developed InferX™, an AI inferencing tensor accelerator that delivers the highest throughput per dollar compared to other edge inferencing solutions. The combination of EFLX, InferX and a host processor creates a cohesive programmable and reconfigurable cognitive system.
Product briefs for EFLX eFPGA are available now at https://www.flex-logix.com/resources/
About Flex Logix
Flex Logix is a reconfigurable computing company providing AI inference and eFPGA solutions based on software, systems and silicon. Its InferX X1 is the industry's most-efficient AI edge inference accelerator that will bring AI to the masses in high-volume applications by providing much higher inference throughput per dollar and per watt. Flex Logix's eFPGA platform enables chips to flexibly handle changing protocols, standards, algorithms, and customer needs and to implement reconfigurable accelerators that speed key workloads 30-100x compared to general purpose processors. Flex Logix is headquartered in Mountain View, California and has offices in Austin, Texas. For more information, visit https://flex-logix.com.
MEDIA CONTACTS
Kelly Karr
Tanis Communications
kelly.karr@taniscomm.com
+408-718-9350
Copyright 2022. All rights reserved. Flex Logix and EFLX are registered trademarks and InferX is a trademark of Flex Logix, Inc.
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SOURCE Flex Logix Technologies, Inc. | https://www.wibw.com/prnewswire/2022/07/11/flex-logix-collaborating-with-microsoft-help-build-secure-state-of-the-art-chips-us-department-defense-dod/ | 2022-07-11T13:04:38Z |
GREENBELT, Md., May 17, 2022 /PRNewswire/ -- On behalf of the National Oceanic and Atmospheric Administration (NOAA), NASA has selected two firms for the the Geostationary Extended Observations (GeoXO) Atmospheric Composition (ACX) Phase A Study. These firms will provide services to help meet the objectives of the National Oceanic and Atmospheric Administration (NOAA) GeoXO program.
Ball Aerospace & Technologies Corp. of Boulder, Colorado, and Raytheon Intelligence & Space of El Segundo, California will both receive twenty-month firm-fixed-price contracts for approximately $5 million. The work will be performed at the contractors' facilities.
The principal purpose of this effort is to provide a definition-phase study of a GeoXO ACX instrument. The ACX instrument will be a hyperspectral, ultraviolet through visible imaging spectrometer that is planned to fly on the NOAA GeoXO series of geostationary satellites. The selected firms will develop the instrument concept and mature necessary technologies. The study will help define the instrument's potential performance, risks, costs, and development schedule. The results of the study will be used to set performance requirements for the ACX instrument implementation contract, which is planned for award in 2024.
Atmospheric composition measurements from geostationary orbit will provide critical data for the air quality forecasting and public health communities. The instrument will monitor air pollutants emitted by transportation, power generation, volcanoes, and wildfires on an hourly basis, as well as pollutants generated from these emissions once they are in the atmosphere. This operational geostationary instrument will represent an important advancement over the once-per-day observations provided by current polar-orbiting instruments. These measurements will improve air quality forecasting and will help to mitigate health hazards resulting from air pollution, such as asthma, cardiovascular disease, and neurological disorders.
NOAA's GeoXO satellite system is the groundbreaking mission that will advance Earth observations from geostationary orbit. The mission will supply vital information to address major environmental challenges of the future in support of weather, ocean, and climate operations in the United States. The GeoXO mission will continue and expand observations provided by the GOES-R series of satellites. GeoXO will bring new capabilities to address emerging environmental issues and challenges that threaten the security and well-being of every American. NOAA is working to ensure these critical observations are in place by the early 2030s,when the GOES-R Series nears the end of its operational lifetime.
The GeoXO mission is a collaborative partnership between NOAA and NASA. NOAA funds, operates, and manages the mission and NASA's Goddard Space Flight Center in Greenbelt, Maryland, manages the acquisition of the Phase A formulation contracts.
For more information about the GeoXO mission, please visit:
https://www.nesdis.noaa.gov/next-generation-satellites/geostationary-extended-observations-geoxo
For information about NASA and agency programs, please visit:
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SOURCE NASA | https://www.kxii.com/prnewswire/2022/05/17/nasa-selects-firms-noaa-atmospheric-composition-instrument-study/ | 2022-05-17T22:28:58Z |
NEW YORK, May 16, 2022 /PRNewswire/ -- Attention Amazon.com, Inc. ("Amazon") (NASDAQ: AMZN) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 1, 2019 and April 5, 2022.
If you suffered a loss on your investment in Amazon, 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 Amazon includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
DEADLINE: July 5, 2022
Aggrieved Amazon investors only have until July 5, 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/2022/05/16/class-action-alert-law-offices-vincent-wong-remind-amazon-investors-lead-plaintiff-deadline-july-5-2022/ | 2022-05-16T10:05:58Z |
After paychecks bounce, all restaurant employees quit
LAS VEGAS (KSNV) - A bakery-style restaurant in Las Vegas is closed after all of its employees walked off the job. They say their first checks after working two weeks bounced.
Things got ugly Saturday afternoon between employees and the owner of Bread Factory at Tivoli Village. The restaurant has been open for less than a month, and already employees say their first checks bounced July 5.
“I wasn’t the only one in the negative. The cook was negative $1,000. There was a baker negative $300. Everyone was reaching negatives because we had this money that we earned that just got bounced,” employee Melanie Pilar said.
Pilar and another employee, Precious Lopez, say the restaurant owner, Sungwon Kim, didn’t seem eager to make things right.
“He was like, ‘I don’t understand why you guys can’t wait until tomorrow. It’s just one day.’ And I explained to him, ‘Why we should wait when this was money owed to us for the 80-plus hours we all worked for you guys?’” Lopez said.
The employees say it took all eight of them threatening to walk out for Kim and his attorney to show up with cash, but still, they say he tried to short them.
Lopez, who was promoted to manager, says she saw red flags weeks ago.
“He said the rent here was $20,000 dollars, his utilities were $3,000 and because he’s not making enough money, it was my job to just fire all his people,” she said.
Kim blames the checks bouncing on another manager who failed to make a bank deposit before leaving the country.
The restaurant will remain closed until the employees can be replaced.
Copyright 2022 KSNV via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/11/after-paychecks-bounce-all-restaurant-employees-quit/ | 2022-07-11T06:16:27Z |
TRIPLE PEPP SUPERFAN EVAN ARNOLD IS IN FOR THE SURPRISE OF A LIFETIME
VANCOUVER, Wash., Aug. 29, 2022 /PRNewswire/ -- Papa Murphy's Take 'n' Bake Pizza is thrilled to announce the return of the Triple Pepp Pizza nationwide starting today. The beloved pizza originally launched in 2020 and was so successful that it's back again for a limited time from August 29 through October 16, 2022.
The Triple Pepp brings crispy, crunchy and cheesy to every bite with its three different types of pepperoni: giant, mini cup and premium pepperoni, all on one delicious pizza with Papa Murphy's original crust, traditional red sauce, whole-milk mozzarella, and cheddar cheese.
Among the Triple Pepp's most passionate fans was Superfan Evan Arnold. Ever since Triple Pepp's first limited run ended in May 2020, the Eagle Mountain, Utah resident has taken to social media to lament with funny statements like "I binge watched the Triple Pepp before you canceled it. We didn't even get a season finale..." and "Triple Pepp needs to be restored to its seat of honor!"
Evan's wish is about to come true and then some. Papa Murphy's has taken note of how much love Evan has for the Triple Pepp Pizza. Papa Murphy's—with Evan's wife and three children in tow—is surprising him at his hometown store in Saratoga Springs, UT today, Monday, August 29, 2022, to reveal that Triple Pepp is finally back. To top it all off, Evan will be awarded a $1,000 Papa Murphy's gift card to enjoy Triple Pepp to his heart's content.
And there's more! On Wednesday, August 31, 2022, Salt Lake City residents with the first name Evan who make an in-store purchase at participating Papa Murphy's locations will get a free Triple Pepp Pizza in honor of our superfan.**
"When Triple Pepp first launched in 2020, it was an instant hit, which is why we're beyond excited to bring it back," said Tracey Ayres, Vice President of Brand & Innovation for Papa Murphy's. "We are listening and we care about our fans, and no fan was more vocal about Triple Pepp than our 'superfan' Evan Arnold. We're delighted to award Evan with the special title of "Papa Pepp" to celebrate its return."
"We're thrilled knowing that our store is home to Evan Arnold, the Triple Pepp superfan," said Travis Theall, Franchise Owner of Papa Murphy's in Saratoga Springs. "At Papa Murphy's, we really pride ourselves on taking great care of our guests, and it feels good being able to celebrate someone in our community who has gone above and beyond to show their love for the brand and our products."
For more information about the return of the Triple Pepp Pizza, visit PapaMurphys.com.
About Papa Murphy's
Papa Murphy's Holdings, Inc. ("Papa Murphy's") is a franchisor and operator of the largest Take 'n' Bake pizza brand in the United States, with a mission to "Change The Way You Pizza." Papa Murphy's exists to enrich every day with unconventional moments of happiness, not only because our take 'n' bake pizzas are made-to-order daily using only the freshest ingredients, but also providing exceptional service at over 1,250 franchised and corporate-owned locations across the U.S—plus locations in Canada and the UAE. With the core values of Quality, Service, Integrity, Teamwork as our guide, Papa Murphy's offers guests a convenient, unparalleled experience for creating the best at-home meal experience. Along with fresh pizzas, Papa Murphy's offers hand-crafted salads, sides, and desserts to complete your meal and please your palate. Order online at papamurphys.com or from our official Papa Murphy's app everywhere, and find us on your favorite delivery apps in select markets.
**[TERMS & CONDITIONS] Free Triple Pepp Pizza Offer
Offer valid in-store on August 31, 2022 at participating Salt Lake area locations for one free large Triple Pepp pizza on original crust (no substitutions) with any other regular price purchase. Must present valid photo ID showing Evan as first name. Not valid on online or delivery orders or with any other offers. Limit 1 per person.
Media Contact:
Alexis Diltz
communications@papamurphys.com
360-449-4001
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SOURCE Papa Murphy’s | https://www.kxii.com/prnewswire/2022/08/29/papa-murphys-brings-back-triple-pepp-pizza/ | 2022-08-29T17:32:53Z |
CDC warns hypertensive disorders in pregnancy on the rise, could create complications
TOPEKA, Kan. (WIBW) - The CDC indicated the number of moms-to-be who die from hypertensive disorders in pregnancy during childbirth is rising in the U.S.
The Centers for Disease Control and Prevention says the number of hypertensive disorders in pregnancy among delivery hospitalizations increased from about 13% in 2017 to 16% in 2019.
Between 2017 and 2019, the CDC said hypertensive disorders affected at least 1 in 7 delivery hospitalizations. It said about a third of those who died during hospital deliveries had a hypertensive disorder of pregnancy documented.
The CDC said HDPs are common and can cause severe complications for those who are pregnant - like heart attacks and strokes - and are the leading cause of pregnancy-related death in the U.S. This includes both pregnancy-associated hypertension that starts during or after pregnancy and chronic hypertension which begins before pregnancy but continues through a pregnancy.
“There are many strategies that clinicians can use to identify, monitor, and manage people with hypertensive disorders in pregnancy to prevent severe complications and deaths. A great example is home-monitoring of blood pressure during and following pregnancy,” said Janet Wright, M.D., F.A.C.C., director of CDC’s Division of Heart Disease and Stroke Prevention at the National Center for Chronic Disease Prevention and Health Promotion. “At a systems level, intentional programming like Perinatal Quality Collaboratives can improve the quality of care and health outcomes and translate findings into interventions.”
The CDC noted characteristics associated with increased risk for HDP - like advanced maternal age, obesity, and diabetes - have increased in the U.S. and may explain the increase in prevalence.
The Centers indicated racial and ethnic disparities of HDP among hospital delivers are stark with the disorder affecting more than 1 in 5 delivery hospitalizations of Black women and about 1 in 6 delivery hospitalizations of American Indian and Alaska Native women.
The CDC said factors that contribute to racial and ethnic inequities in HDP include differences in access to and quality of health care, as well as a higher prevalence of characteristics associated with increased risk like obesity.
The Centers said racial bias in the U.S. health care system can affect HDP care from screening and diagnosis to treatment. It said psychosocial stress from experiencing racism has also been found to be associated with chronic hypertension.
“As healthcare professionals, we must recognize the factors that contribute to racial inequities and work individually and collectively to reduce these rates.” said Wanda Barfield, M.D., M.P.H., director of CDC’s Division of Reproductive Health at the National Center for Chronic Disease Prevention and Health Promotion. “Addressing hypertensive disorders in pregnancy is a key strategy in reducing inequities in pregnancy-related mortality.”
The CDC noted the highest prevalence of HDP was among delivery hospitalizations of women over the age of 45 - 31%. It was also high among those who live in rural counties, - 16% - those who live in lower-income ZIP codes, - 16% - and those who delivered in hospitals in the South - 16% - and Midwest - 15%.
According to the CDC, disparities based on location could be due to differences in the prevalence of characteristics associated with HDP - including diet, tobacco use, physical activity patterns, poverty, or access to care.
The CDC strategies to reduce disparities include strengthening regional networks of health care facilities that provide risk-appropriate maternal care through telemedicine and transferring those with high-risk conditions to facilities that can provide specialty services.
The Centers also said severe complications and death from HDP are preventable with equitable implementation of public health and clinical strategies. It said these include efforts across the life course of preventing HDP - identifying, monitoring and appropriately treating those with the disorder with continuous and coordinated care; increasing awareness of urgent maternal warning signs; and implementing quality improvement initiatives to address severe hypertension.
For resources for high blood pressure during pregnancy, click HERE.
For resources to prevent pregnancy-related deaths, click HERE.
To see the CDC’s Hear Her campaign, which raises awareness of maternal warning signs, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/29/cdc-warns-hypertensive-disorders-pregnancy-rise-could-create-complications/ | 2022-04-29T21:29:05Z |
ATHENS, Ga., Sept. 6, 2022 /PRNewswire/ -- ByoPlanet International®, the technology innovation leader for infection-prevention and health-related products, today announced the launch of ByoPlanet Solutions as an extension of the parent company. ByoPlanet Solutions will bring new technology-driven commercial and consumer brands to market.
"ByoPlanet Solutions was created so that we could have a platform to commercialize meaningful products through the technology we develop," said Rick O'Shea, President of ByoPlanet International®. "Our team of incredible engineers and chemists continually develop exciting technologies in the health and wellness space. Before now, we never used our technology in products that we've launched ourselves. This is a very exciting time for our company."
Clean Republic, the first brand to launch under ByoPlanet Solutions, is a line of electrostatic sprayers and environmentally friendly disinfectants & cleaners formulated with hypochlorous acid. The force behind the Clean Republic brand is the patented induction charged technology and in-house chemical reactor from ByoPlanet International®.
"We have a unique opportunity to address a specific niche where our technology can be used to help people," said Mr. O'Shea. "We say ByoPlanet International® is 'where health & technology meet'. Trying to find solutions to keep the public healthy is why we started this company back in 2010. And that intersection is now ByoPlanet Solutions."
ByoPlanet Solutions will bring innovation directly to businesses and consumers, presenting exciting opportunities to challenge existing formulas and offer innovative new products, expanding the base and reach of the parent label.
ByoPlanet International®, founded in 2010, is a research and technology development organization focused on engineering infection-prevention and health-related technologies. The company developed the first air-assisted electrostatic spray technology to combat bacteria & viruses, which helped to reduce infection rates on cruise ships and food processing plants, in classrooms, in EMS vehicles and ambulances as well as other industries. The company continues to invent and design new technologies and advance their knowledge and insights in the health & wellness space.
Media Contact:
Marla Rosen
mrosen@byoplanet.com
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SOURCE ByoPlanet International | https://www.mysuncoast.com/prnewswire/2022/09/06/byoplanet-international-establishes-byoplanet-solutions-launch-new-product-portfolio/ | 2022-09-06T19:05:05Z |
Georgia jury awards $1.7 billion in Ford truck crash case
WOODSTOCK, Ga. (AP) — A Georgia jury has returned a $1.7 billion verdict against Ford Motor Co. involving a pickup truck crash that claimed the lives of a Georgia couple, their lawyers confirmed.
Jurors in Gwinnett County, just northeast of Atlanta, returned the verdict late last week in the yearslong civil case involving what the plaintiffs’ lawyers called dangerously defective roofs on Ford pickup trucks, lawyer James Butler Jr. said Sunday.
Melvin and Voncile Hill were killed in April 2014 in the rollover wreck of their 2002 Ford F-250. Their children Kim and Adam Hill were the plaintiffs in the wrongful death case.
“I used to buy Ford trucks,” Butler said on Sunday. “I thought nobody would sell a truck with a roof this weak. The damn thing is useless in a wreck. You might as well drive a convertible.”
Ford did not immediately respond to requests for comment Sunday. But in closing arguments, lawyers hired by the company defended the actions of Ford and its engineers.
The Michigan-based automaker sought to defend the company against accusations “that Ford and its engineers acted willfully and wantonly, with a conscious indifference for the safety of the people who ride in their cars when they made these decisions about roof strength,” defense lawyer William Withrow Jr. said in his closing arguments, according to a court transcript.
The allegation that Ford was irresponsible and willfully made decisions that put customers at risk is “simply not the case,” another defense lawyer, Paul Malek, said in the same closing argument.
Lawyers for the plaintiffs had submitted evidence of nearly 80 similar rollover wrecks that involved truck roofs being crushed that injured or killed motorist, Butler’s law firm, Butler Prather LLP, said in a statement.
“More deaths and severe injuries are certain because millions of these trucks are on the road,” Butler’s co-counsel, Gerald Davidson, said in the statement.
“An award of punitive damages to hopefully warn people riding around in the millions of those trucks Ford sold was the reason the Hill family insisted on a verdict,” Butler said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/21/georgia-jury-awards-17-billion-ford-truck-crash-case/ | 2022-08-21T18:44:10Z |
HONOLULU (KHON) – A man who pleaded guilty to interfering with flight crew members and assaulting a Hawaiian Airlines flight attendant has been sentenced to serve two years of supervised release and ordered to pay thousands in restitution.
The incident took place on a Hawaiian Airlines flight from Honolulu to Hilo on Sept. 23, 2021.
Steven Sloan, of the Hawaiian island of Molokai, punched the flight attendant in the chest while he was collecting trash from the passengers, according to court documents. Sloan then hit the victim on the back of his head.
After the attack, Sloan was reseated and acted as if nothing had happened. The victim advised the other flight attendants to monitor the aircraft doors in case Sloan attempted to get through, and the captain decided to turn the flight back to Honolulu.
Last year in federal court, prosecutors told the judge that Sloan had been hearing voices for at least two weeks and questioned whether he had the mental competency to proceed with the hearing. The defense argued that Sloan was competent, and the judge agreed.
The maximum penalties Sloan faced for interfering with a flight crew were 20 years in prison, a fine of $250,000 and a term of supervised release of three years. For the assault charge, the maximum penalties he faced were one year in prison, a fine of $100,000, and a term of supervised release of one year.
On Monday, Aug. 15, the judge sentenced Sloan to two years of supervised release for Count 1, and one year for Count 2, to run concurrently. Sloan must pay nearly $6,400 in restitution.
There’s also a list of special conditions that come with Sloan’s supervised release, including having to participate in a substance abuse treatment program and undergoing mental health assessments. | https://cw33.com/news/nexstar-media-wire/man-who-punched-hawaiian-airlines-flight-attendant-slapped-with-hefty-fine/ | 2022-08-17T23:40:47Z |
CHARLOTTE, N.C., Aug. 23, 2022 /PRNewswire/ -- InteliChart, a leading patient engagement and consumer healthcare provider, will be exhibiting at the 2022 Community Health Institute (CHI) & Expo in Chicago, IL, from August 28-30 at booth #337. The event, hosted by the National Association of Community Health Centers, is the largest gathering of health center clinicians, executives, and consumer board members passionate about advocating for the betterment of community health.
"We're excited to attend the CHI & EXPO again this year and showcase how we're helping community health centers nationwide improve the health outcomes of their patients," said Gary Hamilton, CEO at InteliChart. "Our Healthy Outcomes platform allows organizations to use one vendor for all their patient engagement needs. Managing the entire patient journey from a single place not only creates a cohesive care experience for patients, but also allows organizations to focus on patient care, rather than manual administrative tasks."
InteliChart's Healthy Outcomes patient engagement platform helps community health centers better serve their populations with integrated, patient-centric technology that promotes proactive care. The platform was designed to empower patients at every stage of their healthcare journey, from the first appointment to the post-visit survey, with tools designed to be accessible and easy-to-use.
Of particular interest to attendees will be InteliChart's industry-leading solutions for improving population health:
- Patient Activate: A population health solution that fully integrates with other InteliChart services to create "set and forget" campaigns that streamline care education, increase compliance, and improve patient outcomes, particularly among community health's high-risk patients.
- Patient Survey: An automated survey solution that helps organizations keep their finger on the pulse of patient satisfaction and outcomes that is easy to customize to patient populations.
- Patient eHealth: An affordable, easy-to-implement solution that integrates seamlessly with a center's existing workflows, creating a smooth experience for providers and patients.
At this year's exhibit, InteliChart staff will be prepared to discuss engagement challenges specific to community health centers and offer solutions that can be tailored to the populations they serve. The booth will also feature live demonstrations of the Healthy Outcomes platform and how its features work together to improve population health and support UDS reporting.
"We're proud of our proven record of success with community health centers. Our platform of patient engagement solutions provides these facilities with exactly what they need to engage with their highest risk patients. Through powerful automation, it's easy to filter and identify high-risk populations and automatically deliver information that encourages better health outcomes," said Craig Allen, InteliChart's VP of Sales.
InteliChart delivers Healthy Outcomes, the market-leading patient-engagement platform that helps providers attain superior patient outcomes. The Healthy Outcomes platform consists of Patient Portal, Family Portal, Patient Intake, Patient Notify, Patient Survey, Patient Schedule, Patient Activate, and Patient eHealth.
Located in Charlotte, NC, InteliChart was founded in 2010. Industry-leading EHR vendors, hospitals, health systems, and physician practices have selected InteliChart as their patient engagement platform, collectively representing 75 million patients. We integrate with 35-plus EHR products and deliver single integration API access to all the solutions on our Healthy Outcomes platform. For more information, visit www.intelichart.com.
Contact:
Luke Sheffield
anthonyBarnum Public Relations
luke.sheffield@anthonybarnum.com
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SOURCE InteliChart, LLC | https://www.wibw.com/prnewswire/2022/08/23/intelichart-exhibit-2022-community-health-institute-chi-amp-expo/ | 2022-08-23T13:42:05Z |
Only 10% of vulnerabilities remediated each month; Only 60% of companies improving security postures; Nearly a quarter facing more than 1,000 vulnerabilities according to global study with The Cyentia Institute
NEW YORK, June 6, 2022 /PRNewswire/ -- New research from SecurityScorecard, the global leader in cybersecurity ratings, and The Cyentia Institute, an independent cybersecurity research firm, revealed only 60% of organizations have improved their security posture despite a 15-fold increase in cyber-attacks over the last three years. The joint research sought to measure the speed of vulnerability remediation from 2019 - 2022 and revealed only modest progress in the area of vulnerability remediation. The research found that 53% of the 1.6 million organizations assessed had at least one exposed vulnerability to the internet, while 22% of organizations amassed more than 1,000 vulnerabilities each, confirming more progress is required to protect organizations' critical assets.
"The speed of vulnerability remediation is a top indicator of an organization's cybersecurity health, and we are in a race to help these organizations shore up defenses and better assess the risks from the growing array of third-party software," said Aleksandr Yampolskiy, co-founder and CEO, SecurityScorecard. "This confirms that in today's rapidly evolving threat landscape, organizations must take swift action to reduce vulnerabilities faster. The time to act is now."
The findings are explained in SecurityScorecard's report, The Fast and Frivolous: Pacing Remediation of Web-Facing Vulnerabilities.
To measure the speed and progress of remediation, SecurityScorecard's research examined how quickly issues were addressed and how long they persisted across assets. The research showed the financial sector to be among the slowest remediation rates (median to fix 50% = 426 days), while utilities ranked among the fastest (median = 270 days). Somewhat surprisingly, despite a 15-fold increase in exploitation activity for vulnerabilities with published exploit code, there was little evidence that organizations in this sector fixed exploited flaws faster. Regardless of how many total vulnerabilities existed across their domain(s), organizations typically fixed about 10% of weaknesses each month.
"Vulnerabilities likely exist with vendors and service providers, which necessitates the need for continuous visibility into the entire ecosystem," said Wade Baker, partner and co-founder at the Cyentia Institute. "With greater visibility, organizations can prioritize risks and remediation based on data. This is key to effectively addressing cyber vulnerabilities."
The research shows the "Information" sector (62.6%) and "Public" sector (61.6%) had the highest prevalence of open vulnerabilities. The "Financial" sector (48.6%) exhibited the lowest proportion of open vulnerabilities; however, there is less than a 10% difference between this and other sectors in terms of industries with the most open vulnerabilities. The analysis revealed that it typically takes organizations 12 months to remediate half of the vulnerabilities in their internet-facing infrastructure. When firms have fewer than 10 open vulnerabilities, it can take about a month to close just half of them, but when the list grows into the hundreds, it takes up to a year to reach the halfway point.
SecurityScorecard collects and analyzes global threat signals that give organizations instant visibility into the security posture of vendors and business partners as well as the capability to do a self-assessment of their own security posture. The technology continuously monitors 10 groups of risk factors to instantly deliver an easy-to-understand A-F rating. Additionally, SecurityScorecard Ratings with Attack Surface Intelligence provides visibility into IP, network, domain or vendor's attack surface risk data, all in one pane of glass. This actionable, deep threat intelligence helps customers identify all of an organization's connected assets, expose previously unknown threats, conduct investigations at scale and prioritize vendor remediation.
For more information on the SecurityScorecard cybersecurity ratings platform or to request a demo, visit www.securityscorecard.com.
Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base. SecurityScorecard continues to make the world a safer place by transforming the way companies understand, improve and communicate cybersecurity risk to their boards, employees and vendors. Every organization has the universal right to their trusted and transparent Instant SecurityScorecard rating. For more information, visit securityscorecard.com or connect with us on LinkedIn.
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SOURCE Security Scorecard | https://www.mysuncoast.com/prnewswire/2022/06/06/too-fast-too-frivolous-cyber-attacks-speed-ahead-by-15x-while-companies-stall-addressing-vulnerabilities-according-securityscorecard-research/ | 2022-06-06T14:19:41Z |
SACRAMENTO, Calif., May 19, 2022 /PRNewswire/ -- NextGen NOW is accelerated in California with the certification of NGA's NEXiSConnect™. After several months of rigorous testing, Next Generation Advanced (NGA) is pleased to announce that its multimedia Call Handling System, NEXiSConnect, has successfully completed the i3 and multi-ESInet conformance testing program in California. In addition, NEXiSConnect has passed conformance testing to provide all of the capabilities required by the Public Safety Answering Points (PSAPs) today, integrated Text to 9-1-1, Instant Recall Recording (IRR), TTY, etc. This marks another first for the 9-1-1 industry where Call Processing Equipment/Call Handling System (CPE/CHS) must complete a comprehensive testing program in order to offer their solution to PSAPs. NGA is now ready to deliver the first California-ready cloud-based Call Handling System to those California PSAPs hamstrung with old legacy technology and wanting to take full advantage of all Next Generation 911 has to offer. With a cloud-based CHS denial of service, attacks can be quickly and effectively mitigated, security enhanced (with encryption provided), and mobility ensured, making a virtual PSAP possible and remote call handling a reality.
When NGA won its place on California's Call Handling Purchasing Contract it was clear the state wanted something the industry had not offered - a true Next Generation technology rather than a repackaging of long-standing legacy solutions. California raised the bar and insisted on an Evergreen Native Cloud-based or Data Center-based service, and specifically excluded the old legacy Hosted CPE solutions. Evergreen service ensures that the software will always be up-to-date, at no additional cost, rendering major software and equipment upgrades unnecessary. California also required CA 9-1-1 Branch NG9-1-1 Lab validation where NEXiSConnect would need to demonstrate adherence to the NENA i3 Call Flow per NENA's Detailed Functional and Interface Standards, and demonstrate true interoperability across at least two and as many as five ESInets in the state to include the backup ESInet and four primary regions.
"By investing in the completion of this rigorous certification, we can begin saving more lives by enabling faster and more accurate delivery of calls to the PSAP and a faster response by Police, Fire and Emergency Medical Services." "In addition, this advancement also permits delivery of Real-Time Text (RTT) with location to 9-1-1 Centers, which finally provides deaf and hard of hearing callers equal access to 9-1-1 services" Don Ferguson, CEO of NGA, said.
ABOUT NGA - Next Generation Advanced
NGA is a complete, customizable, and reliable NG9-1-1 solution bringing secure, affordable 911 Cloud services to anywhere in the world. Our incremental deployment and patented technologies are poised to smoothly transition legacy 9-1-1 systems to the future of emergency services, with the latest NG9-1-1 technology available.
For more information, please visit https://nga911.com/ or follow NGA on Twitter or LinkedIn.
Contact: Barb Wynn, (714) 273-3049
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SOURCE NGA - Next Generation Advanced | https://www.kxii.com/prnewswire/2022/05/19/first-ng9-1-1-call-handling-system-approved/ | 2022-05-19T17:11:06Z |
Comedians Tiffany Haddish and Aries Spears have been accused of having "groomed and molested" two then-minor siblings years ago, according to a lawsuit filed in Los Angeles Superior Court.
The complainants are referred to as "Jane Doe" and "John Doe" in the suit, which states their names are being withheld to protect their privacy.
According to the complaint, a copy of which was obtained by CNN, "Jane Doe" and "John Doe" were 14 and 7, respectively, when they allege that Haddish and Spears had them participate in sexually suggestive videos in separate incidents in 2013 and 2014.
When reached for comment by CNN, attorneys for Haddish and Spears called the allegations "bogus" and a "shakedown," respectively.
According to the complaint, Haddish was a "longtime family friend" of the mother of the siblings who filed the lawsuit.
"Jane Doe" was enrolled in a comedy camp in 2013, where Haddish was a guest speaker and told the then-teen girl "she had a perfect role for her," the complaint states.
The star allegedly drove the girl to a studio where she and Spears showed her a video of "an older man and a college-age woman" eating a sandwich simultaneously from either end, while "moaning and making sexual noises as they both ate the sandwich in a manner that simulated the act of fellatio."
"Spears then told Plaintiff Jane Doe that he wanted her to mimic what she had seen on the screen, including the noises precisely like what she heard throughout the video," the suit states. "Plaintiff Jane Doe, nervous and disgusted, didn't say anything until Haddish came into the room next to her and sat down. Haddish verbally explained what was expected of Plaintiff Jane Doe and then showed Plaintiff Jane Doe how to give fellatio, including movements, noises, moaning, and groaning."
"Physically, emotionally, and mentally uncomfortable, Plaintiff Jane Doe mimicked the acts that Haddish and Spears wanted her to do so she could go home," the complaint continues.
Haddish allegedly then paid her $100 and sent her home, according to the complaint.
"John Doe" alleges that in summer 2014, Haddish "offered to book, arrange, and film Mr. Doe content for a Nickelodeon sizzle reel at the home of Spears. Haddish claimed the reel would be used to book Mr. Doe on Nickelodeon."
"Upon information and belief, Haddish and Spears removed the 7-year-old victim from his sister, placed him upstairs in a bedroom, and stripped the child down to his underwear," according to the suit. "The video was entitled 'Through A Pedophiles Eyes' and shows Spears lusting over the 7-year-old child" and rubbing his back.
Haddish was present during the filming of the entire video, the complaint states.
Photos allegedly from the video shoot are included in the complaint.
An attorney for Haddish said in a statement to CNN that the plaintiff's mother "has been trying to assert these bogus claims against Ms. Haddish for several years."
"Every attorney who has initially taken on her case -- and there were several -- ultimately dropped the matter once it became clear that the claims were meritless and Ms. Haddish would not be shaken down," the statement read, adding that the mother "has her adult daughter representing herself in this lawsuit. The two of them will together face the consequences of pursuing this frivolous action."
The mother of the plaintiffs is named in the statement. CNN is not including her name in our reporting to protect the privacy of her then-minor children. Jane Doe is now 22 and the legal guardian of John Doe, now 15, according to the complaint.
"He isn't going to fall for any shakedown," Debra Opri, an attorney for Spears, said in a statement to CNN.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/tiffany-haddish-and-aries-spears-accused-of-child-sexual-abuse-in-lawsuit-their-reps-call/article_f0356b7b-c46a-5d83-83e6-9cc806fbbf29.html | 2022-09-02T18:11:17Z |
BUENOS AIRES, Argentina, June 28, 2022 /PRNewswire/ -- IRSA Inversiones y Representaciones Sociedad Anónima, a corporation (sociedad anónima) incorporated under the laws of the Republic of Argentina ("IRSA"), today announced that it has extended the expiration date of its previously announced offer to exchange (the "Exchange Offer") any and all of its US$360,000,000 aggregate principal amount of outstanding 8.750% Notes due 2023 Series No. 2 (CUSIPs: 463588 AA1 (144A) / P5880U AB6 (Reg S); ISINs: US463588AA16 (144A) / USP5880UAB63 (Reg S)) originally issued by IRSA Propiedades Comerciales S.A. ("IRSA CP") (the "Existing Notes") for 8.750% Senior Notes due 2028 (the "New Notes") to be issued by IRSA and the cash consideration, as more fully described in the exchange offer memorandum dated May 16, 2022 (as amended, the "Exchange Offer Memorandum"). IRSA hereby extends such expiration date from 5:00 p.m., New York City time, on June 28, 2022, to 5:00 p.m., New York City time, on July 6, 2022 (such time and date, the "Expiration Date"). IRSA expects that this will be the final extension of the Expiration Date. Capitalized terms not defined herein shall have the meanings ascribed to them in the Exchange Offer Memorandum.
According to information provided by Morrow Sodali International LLC, the information and exchange agent for the Exchange Offer (the "Information and Exchange Agent"), as of 5:00 p.m., New York City time, on June 28, 2022, US$222,256,000 aggregate principal amount of the Existing Notes (the "Tendered Notes") were validly tendered and were not validly withdrawn, which represents 61.74% of the outstanding aggregate principal amount of the Existing Notes. Of the aggregate principal amount of Tendered Notes, (i) US$129,602,000, representing approximately 58.31% of the principal amount of Tendered Notes, were tendered under Option A, and (ii) US$92,654,000, representing approximately 41.69% of the principal amount of Tendered Notes, were tendered under Option B. If no additional Existing Notes were to be tendered after 5:00 p.m., New York City time, on June 28, 2022, Eligible Holders who have validly tendered and not validly withdrawn their Existing Notes under Option A prior to or at 5:00 p.m., New York City time, on June 28, 2022, would receive US$514.47 of Pro-Rata A Cash Consideration per US$1,000 principal amount of Existing Notes tendered under Option A. At the Expiration Date, the actual cash consideration to be received by each Eligible Holder whose Existing Notes are accepted in the Exchange Offer will be determined on the basis of the actual participation by Eligible Holders in the Exchange Offer and their selection between Option A and Option B.
Eligible Holders who have not already done so may tender their Existing Notes for exchange until the Expiration Date. The Withdrawal Date occurred on June 2, 2022, and has not been extended. As a result, any Existing Notes validly tendered on or after the date hereof and prior to the Expiration Date may not be withdrawn except in limited circumstances.
General Information
IRSA expects, on July 8, 2022, which is the second business day after the Expiration Date (as may be extended by IRSA in its sole discretion, the "Settlement Date"), to issue and deliver the applicable principal amount of New Notes and deliver the applicable Exchange Consideration in exchange for any Existing Notes validly tendered and not validly withdrawn and accepted for exchange, in the amount and manner described in the Exchange Offer Memorandum. IRSA will not be obligated to issue or deliver New Notes or pay any cash amount with respect to the Exchange Offer unless the Exchange Offer is consummated. Eligible Holders of the Existing Notes who are Argentine Entity Offerees or Non-Cooperating Jurisdiction Offerees may be subject to certain tax withholdings resulting from the exchange of their Existing Notes. See "Taxation—Certain Argentine Tax Considerations" in the Exchange Offer Memorandum.
The New Notes are being offered for exchange only (1) to holders of Existing Notes that are "qualified institutional buyers" as defined in Rule 144A under U.S. Securities Act, as amended (the "Securities Act"), in a private transaction in reliance upon the exemption from the registration requirements of the Securities Act provided by Section 4(a)(2) thereof and (2) outside the United States, to holders of Existing Notes other than "U.S. persons" (as defined in Rule 902 under the Securities Act, "U.S. Persons") and who are not acquiring New Notes for the account or benefit of a U.S. Person, in offshore transactions in compliance with Regulation S under the Securities Act. Only holders who have submitted a duly completed and returned electronic Eligibility Letter certifying that they are within one of the categories described in the immediately preceding sentence are authorized to receive and review the Exchange Offer Memorandum and to participate in the Exchange Offer (such holders, "Eligible Holders").
The Exchange Offer is subject to certain conditions as described in the Exchange Offer Memorandum (including, without limitation, the Minimum Exchange Condition) which are for the sole benefit of IRSA and may be waived by IRSA, in full or in part, in its absolute discretion. Although IRSA has no present intention to do so, it expressly reserves the right to amend or terminate, at any time, the Exchange Offer and to not accept for exchange any Existing Notes not theretofore accepted for exchange. IRSA will give notice of any amendments or termination if required by applicable law.
If you do not exchange your Existing Notes or if you tender Existing Notes that are not accepted for exchange, they will remain outstanding. If IRSA consummates the Exchange Offer, the trading market for your outstanding Existing Notes may be significantly more limited. For a discussion of this and other risks, see "Risk Factors" in the Exchange Offer Memorandum.
This press release is qualified in its entirety by the Exchange Offer Documents.
None of IRSA, its board of directors, the Dealer Managers (as defined herein), the Information and Exchange Agent or the New Notes Trustee with respect to the Existing Notes or any of their respective affiliates is making any recommendation as to whether Eligible Holders should exchange their Existing Notes in the Exchange Offer. Holders must make their own decision as to whether to participate in the Exchange Offer, and, if so, the principal amount of Existing Notes to exchange.
Neither the delivery of this announcement, the Exchange Offer Documents nor any purchase pursuant to the Exchange Offer shall under any circumstances create any implication that the information contained in this announcement or the Exchange Offer Documents is correct as of any time subsequent to the date hereof or thereof or that there has been no change in the information set forth herein or therein or in IRSA's affairs since the date hereof or thereof.
This press release is for informational purposes only and does not constitute an offer or an invitation to participate in the Exchange Offer. The Exchange Offer is being made pursuant to the Exchange Offer Documents (and, to the extent applicable, the local offering documents in Argentina), copies of which will be delivered to holders of the Existing Notes, and which set forth the complete terms and conditions of the Exchange Offer. Eligible Holders are urged to read the Exchange Offer Documents carefully before making any decision with respect to their Existing Notes. The Exchange Offer is not being made to, nor will IRSA accept exchanges of Existing Notes from holders in any jurisdiction in which it is unlawful to make such an offer.
Morrow Sodali International LLC is acting as the Information and Exchange Agent for the Exchange Offer. BCP Securities, Inc., Citigroup Global Markets Inc., Itau BBA USA Securities, Inc. and Santander Investment Securities Inc. are acting as Dealer Managers (the "Dealer Managers") for the Exchange Offer.
For further information about the Exchange Offer, please log into the website https://bonds.morrowsodali.com/IRSAEligibility. Alternatively, please contact the Information and Exchange Agent by email at IRSA@investor.morrowsodali.com. Requests for documentation should be directed to the Information and Exchange Agent.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to IRSA's expectations regarding the performance of its business, financial results, liquidity and capital resources, contingencies and other non-historical statements. You can identify these forward-looking statements by the use of words such as "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks, uncertainties and assumptions. These statements should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in the Exchange Offer Documents. IRSA undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.
Media Contact:
IRSA Inversiones y Representaciones Sociedad Anónima
Carlos M. Della Paolera 261, 9th Floor (C1001ADA)
City of Buenos Aires
Argentina
Phone +1 203 609 4910
Email irsa@investor.morrowsodali.com
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SOURCE IRSA Inversiones y Representaciones Sociedad Anónima | https://www.kxii.com/prnewswire/2022/06/29/irsa-announces-extension-expiration-date-its-exchange-offer-any-all-its-8750-notes-due-2023-originally-issued-by-irsa-cp/ | 2022-06-29T04:40:28Z |
- Marcus Ericsson takes his Chip Ganassi Racing Honda to victory in the 106th running of the Indianapolis 500
- Honda's third consecutive win at Indianapolis, and 15th since 2004
- Honda driver David Malukas is top-finishing "500" rookie
SPEEDWAY, Ind., May 29, 2022 /PRNewswire/ -- It was Marcus Ericsson's day today at the Indianapolis Motor Speedway, with the 'Sneaky Swede' storming to victory and scoring Honda's 15th Indy 500 win.
Starting from the middle of row two, Ericsson would lead 13 laps in his Chip Ganassi Racing Honda en route to victory. It wasn't without drama for the driver of the #8 machine, however. Despite pulling a three-second gap on the field with just 10 laps to go, a late-race red flag—the result of a crash by Ericsson's teammate Jimmie Johnson—would allow the field to catch up and challenge Ericsson for the win a two-lap shootout.
In addition to Ericsson, the day was largely dominated by the Honda-powered Chip Ganassi Racing organization. He and his CGR teammates would lead a combined 163 of 200 laps, with Scott Dixon leading the pack with 95 laps led and becoming the all-time lap leader in the Indy 500.
Dixon would unfortunately fall victim to a late-race pit lane speeding violation, while 2021 Champion Alex Palou (47 laps led) would be caught out by an ill-timed yellow on pit strategy. Dixon would ultimately finish 21st and Palou would recover to a ninth-place finish.
Tony Kanaan would finish third on the day. While 2016 Indy 500 winner Alexander Rossi would storm from 20th to fifth and four-time '500' champ Helio Castroneves from 27th to seventh. Castroneves' Meyer Shank Racing teammate and 2019 race winner Simon Pagenaud would finish just behind in eighth.
Honda also took top honors in the highest-finishing rookie category, with David Malukas crossing the line for Dale Coyne Racing with HMD Motorsports in 16th place.
In addition to forever being an Indianapolis 500 champion, Marcus Ericsson also takes the lead in the 2022 INDYCAR championship points after six of 17 races.
Quotes
Marcus Ericsson (Chip Ganassi Racing Honda) Indianapolis 500 race winner, Honda's third consecutive win at Indy; moves to the top of the championship points lead after six of 17 races: "You know, it's the biggest race in the world and to win is just an incredible feeling. The way we had to it – with the pressure [of the late-race restart] at the end – it was a very tough finish. I needed all that Honda power to be able to pull it off! So we're very, very thankful for that. It's just an incredible feeling. We've been strong all month, both our Ganassi cars and all the Honda cars. We've been the ones to beat, to be honest. To end up in Victory Lane, it's just a dream come true."
Tony Kanaan (Chip Ganassi Honda) Finished third: "A great win for Honda, a great win for the team. I mean, [team owner] Chip [Ganassi] only asked us to do one thing: 'don't hit your teammate'. I was thinking about that when we restarted after the last yellow [caution flag]. Marcus [Ericsson, teammate and race winner] did an awesome job and deserved to win. I'm already looking forward to coming back next year."
David Malukas (Dale Coyne Racing with HMD Honda) finished 16th, highest-finishing rookie: "It feels really good. I mean, that was such a long race. This track, it chooses its winners for sure. We were in the top 10 the whole way, then a yellow [caution flag] comes out that's simply bad timing for us, and drops us down to about P20. But then we worked our way back up to 16th so, overall, we finished the race and I'm real happy."
David Salters (President, Honda Performance Development) on Honda's 15th Indianapolis 500 win and third consecutive victory: "Racing comes down to a team effort, United groups of talented people pushing themselves, working smart and hard. That's three [Indianapolis 500 victories] in a row for the amazingly talented group at HPD - bravo boys and girls!! The amazing team at Chip Ganassi Racing produced rocket ship race cars - again what a team of talented boys and girls. We are extremely proud to race for Honda and the culture of racing and success in Honda continues to show itself, with Monaco [Formula One] and Indy 500 victories today - nice work everyone!! Cheers!!"
Fast Facts
- This is Honda's third consecutive Indianapolis 500 victory; with Takuma Sato scoring his second "500" triumph in 2020 and Helio Castroneves claiming his record-tying fourth win last year.
- Honda has won more Indianapolis 500 races than any major automaker: 15 victories from 22 races – a win ratio of 66% – since the company entered the INDYCAR competition in 1994.
- Honda first won the '500' in the manufacturer's fourth attempt, when Buddy Rice piloted his Rahal Letterman Racing Honda to victory in 2004.
- Other Honda-powered Indy winners include Dan Wheldon in 2005 and 2011, Sam Hornish Jr. (2006), Dario Franchitti (2007, 2010 and 2012), Scott Dixon (2008), Helio Castroneves (2009 and 2021), Ryan Hunter-Reay (2014), Alexander Rossi (2016), and Takmua Sato in 2017 and 2020.
- Honda has had more race starts at the Indianapolis 500 than any other auto manufacturer: 422 starts. Honda drivers also have completed more race laps at the Indianapolis 500 than any other carmaker: 74,160 laps.
Next
After an incredible "Month of May" at Indianapolis, the NTT INDYCAR SERIES continues next weekend with the June 3-5 Detroit Grand Prix race weekend, on the Belle Isle street circuit in Detroit, Michigan.
Honda Racing social media content and video links from Indianapolis can be found on Instagram (www.instagram.com/hondaracing_hpd), Twitter (twitter.com/HondaRacingHPD) and Facebook (www.facebook.com/HondaRacingHPD). Additional features and long-form videos can be found on the Honda Racing/HPD YouTube channel (https://www.youtube.com/HondaRacingHPDTV).
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SOURCE Honda Racing/HPD | https://www.kxii.com/prnewswire/2022/05/30/honda-wins-indy-again/ | 2022-05-30T07:16:48Z |
BEIJING, Aug. 18, 2022 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH; HKEX: 2390), the operator of Zhihu, a leading online content community in China, today announced that it will report its unaudited financial results for the quarter ended June 30, 2022 and its interim financial results for the half-year ended June 30, 2022, before the U.S. market open on August 30, 2022.
The Company's management will host a conference call on Tuesday August 30, 2022 at 7:30 P.M. Beijing Time (7:30 A.M. U.S. Eastern Time) to discuss the quarterly results.
All participants wishing to join the conference call must pre-register online using the link provided below. Once the pre-registration has been completed, participants will receive dial-in numbers, a passcode, and a unique registrant ID which can be used to join the conference call. Participants may pre-register at any time, including up to and after the call start time.
Registration Link: https://dpregister.com/sreg/10170482/f41885ff42
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.zhihu.com.
A replay of the conference call will be accessible approximately one hour after the conclusion of the live call, until September 6, 2022, by dialling the following telephone numbers:
About Zhihu Inc.
Zhihu Inc. (NYSE: ZH; HKEX: 2390), the operator of Zhihu, a leading online content community in China where people come to find solutions, make decisions, seek inspiration, and have fun. We have been dedicated to expanding our content and service offerings to enable our users to explore and enjoy "fulfilling content" (有获得感的內容) that broadens horizons, provides solutions, and resonates with minds. Since the initial launch in 2010, we have grown from a Q&A community into one of the top five comprehensive online content communities and the largest Q&A-inspired online content community in China, both in terms of average mobile MAUs and revenue in 2019, 2020, and 2021, according to CIC. For more information, please visit https://ir.zhihu.com.
For investor and media inquiries, please contact:
In China:
Zhihu Inc.
Email: ir@zhihu.com
The Piacente Group, Inc.
Helen Wu
Tel: +86-10-6508-0677
Email: zhihu@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Phone: +1-212-481-2050
Email: zhihu@tpg-ir.com
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SOURCE Zhihu Inc. | https://www.kxii.com/prnewswire/2022/08/18/zhihu-inc-report-second-quarter-half-year-interim-financial-results-2022-august-30-2022/ | 2022-08-18T11:52:51Z |
The wireless plan report finds T-Mobile's Magenta and Magenta Max plans lead the industry in overall value
BOSTON, Sept. 1, 2022 /PRNewswire/ -- Navi, which aggregates the best wireless phone and plan deals for consumers, today released its 2022 US Wireless Plan Report, which evaluates and ranks the best available unlimited postpaid phone plans from across the wireless industry.
Consumers face a litany of options when choosing a wireless plan, with telecom carriers offering seemingly countless combinations of plans, perks, and price points. Carriers also differentiate their plans based on data usage, international capabilities, as well as additional perks like streaming services, among other factors. To make sense of all these nuances and provide consumers with an apples-to-apples comparison of plans, Navi developed its own "Plan Score" and methodology to rate 19 postpaid unlimited plans from the six biggest carriers across six feature dimensions.
The 2022 US Wireless Plan Report used Navi's unique methodology to highlight noteworthy developments in the wireless industry from March through June 2022. The report includes a side-by-side comparison of features at every price point from major wireless service carriers to help consumers evaluate which plans offer the best value for their specific needs.
Key findings from the report include:
- A new category of "value" unlimited plans has emerged over the last few months with AT&T's introduction of Value Plus, T-Mobile's rollout of Base Essentials and, most recently, Verizon's launch of Welcome Unlimited. These plans are tailored towards price-conscious consumers but they all have significant limitations.
- T-Mobile's two top plans, Magenta and Magenta Max, decidedly out-score their equivalents at AT&T and Verizon after adjusting for price.
- At the lower end of the market, Spectrum and Xfinity Mobile have some of the most competitive plans, but selecting a plan from one of these carriers requires that you (a) live in an area where they offer service, and (b) subscribe to their home Internet services.
- Beyond the cellular data component of service plans, carriers try to differentiate themselves by adding streaming services (e.g. like Netflix) and hotspot connectivity (as well as other features). Navi marketplace behavior data shows that consumers place much higher value on hotspot capabilities than they do on streaming services. The carriers (Verizon and AT&T most recently) have recognized this and are adding additional hotspot features to many of their plans.
Navi's 2022 US Wireless Plan Report was compiled using Navi's database of wireless plan and phone deals from the top carriers and OEMs across the telecom industry. Navi's Marketplace is now available for free at yournavi.com where site visitors can search for the best deals on phones or associated phone plans.
"This report illustrates the diversity in offerings from wireless carriers and how many options consumers have to sort through to find the right deal for them," said Patricio Paucar, Co-Founder and Chief Customer Officer at Navi. "We hope that by publishing this report, consumers can more easily understand what makes each plan unique and find the best option for their needs."
To learn more, read the full Navi Q2 2022 Wireless Plan Scoring Report here.
Navi is an independent and unbiased US wireless services marketplace. Founded by industry veterans, Navi offers consumers the most comprehensive, easy-to-use, and rewarding wireless experience. Its flagship products include Phone Navigator, which helps consumers find the right phone at the best price, and Plan Navigator, which matches consumers with the best plan for their needs. For more information and to use Navi's services, please visit www.yournavi.com.
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SOURCE Navi | https://www.mysuncoast.com/prnewswire/2022/09/01/navi-releases-2022-us-wireless-plan-report/ | 2022-09-01T16:26:10Z |
Andrew Gillum, a once-rising Democratic star who nearly won a 2018 race for Florida governor, was indicted on June 22 along with a close political ally on charges of conspiracy, wire fraud and making false statements.
Andrew Gillum, a once-rising Democratic star who nearly won a 2018 race for Florida governor, was indicted on Wednesday along with a close political ally on charges of conspiracy, wire fraud and making false statements.
According to a news release from the United States attorney for the Northern District of Florida, Gillum and a longtime associate, Sharon Janet Lettman-Hicks, are accused of making "false and fraudulent promises and representations" related to money that they had received from 2016 to 2019. The money was diverted to a company owned by Lettman-Hicks and then funneled to Gillum for personal use, the US attorney's office said.
Gillum and Lettman-Hicks face 21 charges, according to the news release. Gillum, a former CNN political commentator, is scheduled for an initial appearance at 2 p.m. ET Wednesday at the United States courthouse in Tallahassee, where he resides.
In a statement released before the government announced the charges, Gillum declared his innocence and suggested the case against him was political.
"I have spent the last 20 years of my life in public service and continue to fight for the people," Gillum said in the statement. "Every campaign I've run has been done with integrity. Make no mistake that this case is not legal, it is political. Throughout my career I have always stood up for the people of Florida and have spoken truth to power."
The release also included a joint statement from Marc Elias, a prominent elections attorney, and David Oscar Markus, a Miami criminal defense lawyer, who said, "The government got it wrong today."
The allegations cover a time when Gillum was a candidate for Florida governor. He eventually became the party's nominee in August 2018, but lost to Republican Ron DeSantis that November by less than 33,000 votes.
The club of self-made billionaires’ used to be the sole dominion of men. Stacker examines the 25 richest self-made women in America who have defied that tradition in recent years. Click for more.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
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accounts, the history behind an article. | https://www.albanyherald.com/news/former-florida-gubernatorial-candidate-andrew-gillum-indicted-on-wire-fraud-charges/article_c96e4df0-a246-52f3-ba7a-906397d34fbe.html | 2022-06-22T19:27:48Z |
NEW ORLEANS, Sept. 16, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 7, 2022 to file lead plaintiff applications in a securities class action lawsuit against Sema4 Holdings Corp. (NasdaqGS: SMFR, SMFRW), if they purchased the Company's securities between March 14, 2022 and August 15, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Connecticut.
If you purchased securities of Sema4 and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-smfr/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 7, 2022.
Sema4 and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 15, 2022, post-market, the Company disclosed that its President and Chief R&D Officer was stepping down from those roles, that it was eliminating approximately 13% of its workforce as part of a series of restructuring and corporate realignments, and 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, shares of Sema4 fell $0.80, or 33.3%, to close at $1.60 per share on August 16, 2022, on unusually heavy trading volume.
The case is Helo v. Sema4 Holdings Corp., et al., Case No. 22-cv-01131.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com 1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.wibw.com/prnewswire/2022/09/17/sema4-holdings-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-sema4-holdings-corp-smfr/ | 2022-09-17T03:51:49Z |
President Joe Biden on Monday said gun violence has turned everyday places in America into “killing fields” as he marked the passage of the first significant federal gun safety legislation in 30 years.
Biden said the package he signed into law represents “an important start,” but more needs to be done to curb the alarming rate of shootings.
“Now’s the time to galvanize this movement because that’s our duty to the people of the nation. That’s what we owe those families in Buffalo, where a grocery store became a killing field. That’s what we owe those families in Uvalde, where an elementary school became a killing field. That’s what we owe those families in Highland Park, where on July Fourth, a parade became a killing field,” Biden said.
The President continued, “That’s what we owe all those families represented here today and all over this country the past many years across our schools, places of worship, workplaces, stores, music festivals, nightclubs and so many other everyday places that have turned into killing fields.”
The President hosted victims of mass shootings from Columbine to Highland Park at a White House event celebrating the federal gun safety legislation he signed into law last month. The new law is the most significant federal legislation to address gun violence since the assault weapons ban of 1994, which expired in 2004.
But the President acknowledged on Monday that the law falls far short of what he and his party had advocated for to stop the alarming frequency of shootings in the US.
“It will not save every life from the epidemic of gun violence, but if this law had been in place years ago, even this last year, lives would have been saved. It matters. It matters. But it’s not enough and we all know that,” the President said.
Biden was interrupted during his remarks by Manuel Oliver, whose son was killed in the 2018 shooting at Marjory Stoneman Douglas High School in Parkland, Florida. Oliver has been critical of the administration’s action on gun violence and has said the new gun safety law doesn’t go far enough.
The White House said the event was attended by survivors of mass shootings from Columbine, Virginia Tech, Aurora, Tucson, Sandy Hook, Parkland, Santa Fe, Uvalde, Buffalo and Highland Park, as well as “survivors and family members of daily acts of gun violence that don’t make national headlines.” Cabinet members and elected officials from communities impacted by gun violence were also in attendance.
The President said he has spent so much time with families of shooting victims over the years that he has become “personal friends” with many. He thanked the families for their relentless advocacy to pass more stricter gun measures, “to make sure that other families don’t have to experience the same loss and pain.”
The President said he was determined to ban assault weapons and high-capacity magazines, which face long odds of passing through Congress given Democrats’ razor-thin majorities in both chambers, saying, “I’m not going to stop until we do it.”
Biden touted the investments the new legislation makes in community violence prevention, including $750 million to help states implement and run crisis intervention programs. The money can be used to implement and manage red flag programs — which through court orders can temporarily prevent individuals in crisis from accessing firearms — and for other crisis intervention programs like mental health courts, drug courts and veterans courts.
It also closes a years-old loophole in domestic violence law, known as the “boyfriend loophole,” which barred individuals who have been convicted of domestic violence crimes against spouses, partners with whom they shared children, or partners with whom they cohabitated, from having guns. Old statutes didn’t include intimate partners who may not live together, be married or share children.
Just before signing the legislation last month, Biden praised the families of gun violence victims with whom he had met. He said their activism in the face of loss had made a difference.
“I especially want to thank the families that Jill and I have (met), many of whom we sat with for hours on end, across the country. There’s so many we’ve gotten to know who’ve lost their soul to an epidemic of gun violence. They’ve lost their child, their husband, their wife,” Biden said.
“Nothing is going to fill that void in their hearts. But they led the way so other families will not have the experience and the pain and trauma they’ve had to live through.”
Titled the Bipartisan Safer Communities Act, the bill had been released by Republican Sens. John Cornyn of Texas and Thom Tillis of North Carolina and Democratic Sens. Chris Murphy of Connecticut and Kyrsten Sinema of Arizona.
It came together in the aftermath of recent mass shootings at a Uvalde, Texas, elementary school and a Buffalo, New York, supermarket that was in a predominantly Black neighborhood.
This story has been updated with additional developments on Monday.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/biden-says-gun-violence-has-turned-americas-communities-into-killing-fields/article_d4d4a33a-5908-5ccc-ae34-03d0ec8c7c97.html | 2022-07-11T18:15:39Z |
SHANGHAI, Aug. 5, 2022 /PRNewswire/ -- One Punch Man - The Strongest, the official turn-based strategy mobile RPG licensed by and adapted from popular Japanese anime series ONE PUNCH MAN, published by Shanghai Moonton Technology CO., Ltd, starts pre-registration now in US/EU regions. And One Punch Man – The Strongest will also launch the closed beta on Aug.18th.
One Punch Man tells the action story about Saitama, who became a hero for fun. After 3 years of special training, Saitama finally gains the ultimate strength. Being too powerful, he can defeat any enemy with just one punch, however powerful they are.
One Punch Man - The Strongest is a good choice for players whether you are a fan, or you are looking for a new mobile RPG. It is an easy-operation game and well simulates the anime's storyline to let you relive the classic scenes.
For One Punch Man fans, the whole game production was supervised by the production committee including SHUEISHA, following closely to the animation setting and forged boutique. In addition, it was voiceover by the Original Japanese Voiceover cast, including Makoto Furukawa, Kaito Ishikawa, Yuki Kaji, Aoi Yuki etc..
For RPG game players, you can actually fight along with Saitama, "The Strongest Hero", and face the disasters and villains straight out of the original work. You will need to recruit various heroes and villains and form a variety of different strongest lineups. Through smart strategy thinking, combination of unique character features and skills, and of course, the help of Saitama, you will be able to dominate the battlefield and save the world in the game.
One Punch Man - The Strongest also shows abundant game scenes and fight modes, such as the Institute of Genetics, Association Arena, Unnatural Disaster, Extreme Training, Awakening Trial, multiplayer team play, PVE campaigns and last but not least the Saitama combat mode and thrilling one punch kill in quick clearance of challenges.
Click the link below to pre-register:
https://bit.ly/3S5a0XT
For more information, please visit:
https://opm.moonton.com
Website: https://opm.moonton.com
SNS:
FB Official Page:
https://www.facebook.com/OnePunchManTheStrongest
YouTube:
https://www.youtube.com/channel/UCl9xolX014mkZ-yxZA46vgA
Discord:
https://discord.gg/XPerQqGEGt
©ONE, Yusuke Murata/SHUEISHA, Hero Association HQ
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SOURCE Moonton | https://www.wibw.com/prnewswire/2022/08/05/one-punch-man-strongest-pre-registration-is-available-now-useu-regions/ | 2022-08-05T15:15:54Z |
- Shows potent and rapid antibacterial activity against clinical isolates in Europe and Korea both
- CDL200, a novel endolysin pipeline for the treatment of Clostridioides difficile Infection (CDI)
- The world's first endolysin in capsule formulation to be administered orally
BOSTON and SEOUL, South Korea, July 11, 2022 /PRNewswire/ -- iNtRON Biotechnology ("iNtRON", www.intodeworld.com) announced today that CDL200, a novel biological drug candidate under the development of the world's first enteric colon-targeted capsule formulation for the treatment of intractable and recurrent CDI (Clostridioides difficile Infection), confirmed the strong efficacy against clinical isolates from CDI patients.
A company official explained that the antibacterial activity of CDL200 was evaluated for 20 clinical isolates from patients in Europe and Korea, and rapid lysis effect within few minutes (1-5 minutes) after treatment was confirmed from all of the tested strains. In particular, even though majority of the tested strains are resistant strains to the commonly used antibiotics such as Metronidazole, Vancomycin, and Rifaximin, CDL200 showed very potent and rapid bactericidal activity.
CDL200 is an endolysin-based novel biological drug candidate for the treatment of Clostridioides difficile infection, a hard-to-treat and recurrent bowel diseases. CDL200 has innovative drug properties that can eradicate bacteria much faster than the conventional antibiotics in the market, and also can be used for the infection caused by antibiotic-resistant bacteria and/or highly virulent bacteria.
CDI patient population has been increasing globally and resulting in high mortality rate due to resistance to the existing antibiotics and serious complications such as toxic megacolon, sepsis, and intestinal perforation. Although there is growing interest in refractory CDI that does not respond well to primary treatment, there are only few studies on effective treatment yet. The more serious problem is the frequency of recurrent CDI is increasing, since the risk of subsequent recurrence is over 45% in patients who have had at least one recurrence.
The conventional treatment based on Metronidazole and Vancomycin is not effective for CDI with severe intractability and repeating recurrence. And the recently attempted FMT (fecal microbiota transplantation), that is, the treatment of administering donor feces to the patient's intestinal tract, has advantages such as not suppressing the intestinal flora and not creating resistant strains, but the treatment brings objection to the general public and is limited in that there is a possibility that other pathogens from the donor may be transmitted.
The mortality rate of CDI was about 3-4% in the past, but due to intensification of antibiotic-resistant bacteria and the emergence of highly virulent strain (NAP1/027), the recent mortality rate has been rapidly increased to over 10%, which makes global awareness growing.
Dr. KANG, Sang Hyeon, CTO of iNtRON, said, "We have a number of new endolysin pipelines under the development utilizing our unique itLysin® technology for the serious infection that the development of effective therapeutic agents are urgently needed."
Mr. YOON, Kyung Won, CEO of iNtRON added, "Based on the development experience of SAL200, we will strive to enhance the value of our rich itLysin® pipelines and will continue to secure global competitiveness in the endolysin field."
About CDL200
CDL200 is a novel endolysin-based anti- Clostridioides difficile causes an infection of the large intestine (colon), which is often referred to as C. difficile or C. diff. CDL200 showed potent and rapid activity against 100% clinical isolates from multi-nation and has no disturbance of the normal flora in human's gut. The potential clinical usage and indications are CDI and IBD (Inflammatory Bowel Disease), and the targeted administration route of CDL200 is oral in capsule formulation. CDL200 is under non-clinical stage development and IND enabling studies will be conducted throughout the year.
About iNtRON Biotechnology, Inc.
iNtRON is a leader in bacteriophage-based technology with aim to develop and investigate into the 'Immune & Immunotherapeutics' market. While pursuing global research and business development (R&BD) investments since their foundation and accelerated development after entering its IPO in KOSDAQ, the company honed in on innovating BIO New Drugs by developing various 'First-in-Concept' bio-drugs and conducting clinical studies in phases. The Company is committed to development of innovative innovation in the infectious diseases and 'Immune & Immunotherapeutics' area.
About iNtODEWORLD, Inc.
iNtRON has established its wholly owned US subsidiary, iNtODEWORLD, Inc. in 2017. iNtODEWORLD was initially registered in Delaware and the headquarter office is currently located in Boston. iNtODEWORLD provides news, updates and platform development progresses of iNtRON to its potential global partners and collaborators along with its own R&BD works in the US.
Contact Us
YOON, Kyung Won (Kevin) / CEO, Vice President / kwyoon@intron.co.kr
SHIN, Tae Kyu (TK) / BD Team Leader / tkshin@intron.co.kr
BD Team / partner@intron.co.kr
iNtRON Biotechnology, Inc.
#708, 148, Sagimakgol-ro, Jungwon-gu, Seongnam-si,
Gyeonggi-do, Republic of Korea
iNtODEWORLD, Inc.
1500 District Avenue, Suite 2097, Burlington, MA 01803, USA
it is iNtRON.
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SOURCE iNtRON Biotechnology, Inc. | https://www.kxii.com/prnewswire/2022/07/12/intron-confirms-efficacy-cdl200-against-cdi-clinical-isolates/ | 2022-07-12T03:31:17Z |
EAGAN, Minn., April 27, 2022 /PRNewswire/ -- Sonex Health today announced the full U.S. commercial launch of its UltraGuideTFR device, which is used in conjunction with real-time ultrasound guidance to perform trigger finger release (TFR) procedures. This follows Sonex Health's successful limited-market release earlier this year in which more than 100 patients were treated using the device. Real-time ultrasound guidance enables physicians to use a minimally invasive technique while performing TFR through a small incision, giving most patients the ability to resume activities within days versus weeks with traditional surgeries.
"The full launch of UltraGuideTFR enables us to offer more clinicians safe and effective ways to treat common painful upper extremity conditions using minimally invasive techniques," said Sonex Health CEO Bob Paulson. "Our devices, UltraGuideTFR and UltraGuideCTR to treat carpal tunnel syndrome, both harness the power of ultrasound, and were designed to deliver patient and clinician satisfaction by reducing invasiveness, cost, and recovery time."
"Trigger finger" syndrome is the common name for stenosing tenosynovitis, a painful condition caused by a progressive restriction of normal tendon motion by the A1 pulley, interfering with the ability to bend and straighten the fingers.
UltraGuideTFR is a single-use, hand-held device developed by the physician co-founders of Sonex Health – Dr. Darryl Barnes and Dr. Jay Smith – both of whom previously practiced at Mayo Clinic and founded the Institute of Advanced Ultrasound Guided Procedures, which focuses on product innovation, clinical research, and educating physicians on how to hone their musculoskeletal ultrasound skills. UltraGuideTFR is indicated for the treatment of trigger finger and is designed to incise the tendon sheath and A1 pulley through a single incision.
Real-time ultrasound guidance allows treating physicians to visualize the critical anatomy prior to and during the tendon sheath incision, as well as probe the tendon sheath and A1 pulley to confirm an adequate release. Previous studies of TFR procedures using ultrasound have shown they can be performed in procedure rooms or office settings utilizing local anesthesia and have been associated with reduced pain and rapid recovery.
"Real-time ultrasound guidance allows me to see all critical anatomy prior to making an incision, which enables me to guide the device while performing the procedure through a much smaller incision," said Dr. Richard Schaefer of SSM Health in Fond du Lac, Wis., who was part of the limited market release. "Because this technique is less invasive, patients recover sooner and return to their normal activities and jobs much faster than they would with traditional TFR surgery."
During the limited market release, physicians provided user experience feedback on 100 TFR procedures using UltraGuideTFR. Results included:
- Ninety-seven (97) percent of the procedures were performed in the office, procedure room or ambulatory surgery center under local anesthesia.
- There were no complications, and a complete release of the tendon sheath and A1 pulley was confirmed for all procedures.
- Physicians rated the performance of the device and procedure on a scale of 1-5 (1 = strongly disagree and 5 = strongly agree) with the following results:
"Trigger finger can interfere with daily life, especially for those who rely on using their hands for their livelihoods. Using ultrasound allows me to perform TFR procedures in my office under local anesthesia," said Dr. Douglas Hoffman of Essentia Health SMMC in Duluth, Minn., who also participated in the TFR limited market release. "Patients really appreciate the convenience of avoiding the operating room for this procedure."
Trigger finger syndrome affects almost nine million Americans and results in 350,000 surgeries every year. While traditional surgery to treat TFR can remedy the condition, the surgery may result in large, and sometimes painful scars and a long recovery. TFR procedures using the UltraGuideTFR can be performed through a small incision, which can typically be closed with an adhesive strip or bandage instead of sutures.
ABOUT SONEX HEALTH
Founded in 2014, Sonex Health's mission is to be the world leader in ultrasound guided surgery by delivering physicians innovative therapies that reduce invasiveness, improve safety, and reduce the cost of care. With a strong focus on entrapment neuropathy, Sonex Health's first proprietary technology — developed by Dr. Darryl E. Barnes and Dr. Jay Smith at the world-renowned Mayo Clinic — is UltraGuideCTR (formerly referred to as SX-One Micro-Knife), which may be utilized with or without ultrasound guidance to perform carpal tunnel release. Sonex Health's second proprietary technology is UltraGuideTFR, for the treatment of trigger finger, also known as stenosis tenosynovitis.
For information about Sonex Health, UltraGuideCTR, and UltraGuideTFR visit www.sonexhealth.com.
ABOUT THE INSTITUTE OF ADVANCED ULTRASOUND GUIDED PROCEDURES
Founded in 2018 to support the Sonex Health mission and clinical excellence, the Institute of Advanced Ultrasound Guided Procedures is focused on innovation supported by robust clinical research and world-class professional education and training that transforms the treatment experience for patients, providers and payers. For more information about the Institute visit www.sonexhealth.com/educational-institute.
Media Contact:
Shelli Lissick
Bellmont Partners
shelli@bellmontpartners.com
651-276-6922
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SOURCE Sonex Health | https://www.kxii.com/prnewswire/2022/04/27/sonex-health-announces-full-market-release-ultraguidetfr-treat-trigger-finger/ | 2022-04-27T14:59:09Z |
Tips on keeping squirrels out of your garden
Squirrels can be an adorable addition to your garden, and they’re entertaining to watch. Although there are some benefits to having squirrels around, they can also be a major nuisance. And many homeowners look for ways to keep them out of the garden. If you want to prevent these rodents from getting into your yard, there are several ways to repel them. You can try natural, mechanical and decoy-based repellents.
Ways to identify squirrel damage in your garden
If you’re not sure if you have a pest problem, here are some ways to tell.
- The bulbs are damaged or missing. Squirrels, groundhogs and chipmunks frequently dig up new bulbs. They either eat them or take them back to their nests to store for later.
- There are small holes in the garden. Squirrels tend to leave behind small holes in the soil, usually about two inches in diameter. If you see new holes in the dirt, chances are you have a squirrel problem.
- Items around the house or garden have been chewed on. Squirrels need to chew on things to keep their teeth from growing too sharp or long. This includes wood, vinyl siding, plastic and mortar.
- Your plants are missing or damaged. Rodents eat all sorts of things in the garden, including tomatoes, melons, cucumbers and squash. Sometimes, they take the fruit or vegetables with them. Usually, they chew on parts of the plants or produce and leave the rest.
- They’re hanging around the bird feeders. Similar to birds, squirrels enjoy bird food. If your bird feeder is running out of feed quickly, it could be due to squirrels.
How to keep squirrels out of the garden
Install garden covers
One way to protect your crops is to set up a barrier with garden covers such as nets, crop cages, tents or hardware cloth. These can protect plants from rodents and birds. Some need to be reinforced to prevent them from blowing away or keep persistent animals out.
Plant specific crops
Squirrels and other garden pests eat many types of plants, but they stay away from certain ones, including:
- Jalapeno peppers
- Chili peppers
- Cayenne peppers
- Hyacinths
- Marigolds
- Daffodils
- Geraniums
- Mint
- Onions
- Garlic
If squirrels go after your garden, you can plant flowers and herbs around them that deter squirrels. The smell and flavor of these plants may keep the rodents away. If you primarily grow flowers, switch to ones squirrels dislike instead. As an added benefit, you can use most of these flowers to decorate the garden.
You can also mix water and hot sauce in a spray bottle and apply the solution to growing crops. This natural repellent isn’t harmful to plants, but it can keep squirrels away due to its strong smell.
Use a liquid squirrel repellent
Squirrels and other rodents have a strong sense of smell. Many liquid repellents use strong scents like peppermint or rosemary oil to deter them from your plants. Since these are natural solutions, they are also safe around children and household pets. They’re best for smaller gardens since they require you to spray each plant individually.
Use a solid or granular squirrel repellent
There are granular and solid repellents that also prevent squirrels from digging and eating in the garden. These work similarly to sprays but cover a larger surface area. Most also last several weeks or even months once applied.
Set up mechanical repellents
Another thing that deters squirrels and similar garden pests is loud sounds and sudden movement. Motion-detecting machines can scare off many rodents before they damage your plants. Some machines are freestanding, while you can install others on nearby trees or posts.
Set up the machines around the perimeter of your garden or any areas you don’t want squirrels invading. When a squirrel passes by, the machine will either flash lights or play ultrasonic sounds to keep them away.
Place decoys around the garden
If you want to add some flair to your garden, consider getting a couple of decoys. Strategically placed decoys can scare off rodents before they get near your plants. Common options include owls and snakes.
Some decoys, such as the Gardeneer 18.5-Inch High SOL-R Action Owl, can even rotate. This is especially useful if the squirrels are starting to get used to non-moving statues. If you go with a non-moving decoy, reposition it every few days or so in the yard to keep pests away.
Protect bird feeders
Squirrels often enjoy eating the seeds commonly found in bird feeders. Since many bird feeders are open, these rodents can easily get into the bird food.
One way to prevent this problem is to get a squirrel-proof bird feeder. Another option is to get birdfeed that squirrels don’t like, such as the Wild Delight Sizzle N’ Heat Bird Food. If that doesn’t work, use petroleum jelly along the feeder pole to keep squirrels from climbing it.
What you need to buy to keep squirrels out of your garden
AlpineReach Garden Netting Kit
This heavy-duty woven mesh netting kit goes on and around plants and fruit trees. It keeps out birds, deer and squirrels. It’s secured with zip ties, so it stays in place even when it’s windy.
Sold by Amazon
Measuring 4 feet by 8 feet, this crop cage goes over small to medium-sized plants to protect them from rodents. It comes with everything you need to set it up, including ground staples, steel tubes and connectors. It also doesn’t keep sunlight or water from getting in.
Sold by Amazon
If you want to keep squirrels away from other crops, this 15-pack of herb seeds can help. It includes mint, rosemary, chives and more.
Sold by Amazon
Mighty Mint Peppermint Oil Rodent Repellent Spray
This non-toxic liquid rodent repellent comes in a 16-ounce bottle. It contains highly concentrated peppermint essential oil that smells pleasant to humans but keeps away rodents without harming plants.
Sold by Amazon and Home Depot
Defendy Ultrasonic Animal Repeller
This solar-powered machine can repel rodents, cats and dogs. It uses motion sensors to protect plants within 31 feet. It works by emitting an ultrasonic sound, LED flashing lights and an alarm to scare off unwanted pests.
Sold by Amazon
This hanging bird feeder is designed to keep squirrels out. It also has a gazebo-style design and 360-degree panorama feeding for those who enjoy watching the birds.
Sold by Amazon
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Industry Veteran Brings 25+ Years of Personal Finance Experience to Growing Brand Team
WILMINGTON, Del., June 9, 2022 /PRNewswire/ -- Marlette Holdings, Inc., a leading financial technology company that operates the Best Egg financial platform, today announced that Adele Chandler has joined the team as Managing Director, Brand Strategy. She is responsible for driving the company's brand strategy by harnessing the power of creativity and out-of-category thinking.
"Adele is the perfect addition to our leadership team and is joining our company at just the right time," said Sabrina DeVito, Chief Strategy Officer at Best Egg. "Her extensive experience in brand strategy and marketing, especially within the financial space, will help Best Egg as we continue to grow and expand our consumer product offerings. We plan to launch new products on our platform in the coming months, and we're excited to have Adele developing and guiding our brand strategy efforts."
Since its launch in 2014, Best Egg has focused on helping people feel more confident about their finances by offering fast, simple, and convenient ways for them to pay for things beyond their everyday needs, especially when they have limited savings to absorb unplanned expenses. Best Egg's personal loan products have seen tremendous growth in the past two years, accelerating from $12B to $19B of loans with solid credit performance. The company has also diversified its offering, introducing the Best Egg Visa® Credit Card and the free Best Egg Financial Health tool in 2021 and announcing $225 million in equity funding in March 2022.
"I have been incredibly impressed with Best Egg's commitment to financial health for its customers and a flexible, supportive, and collaborative culture for its employees, all of whom have a customer-first approach to everything we do," said Chandler. "I'm excited to evolve the Best Egg brand as we continue to grow our platform and help consumers build financial confidence as they achieve their goals wherever they are in their life journey."
Chandler brings more than 25 years of personal finance, brand, and innovation marketing experience to the team, having served recently as Head of Brand and Advertising for JPMorgan Chase's consumer credit card, auto, and home lending businesses. She has led brand, marketing, and product for leading card brands such as Southwest Airlines, Chase Freedom, and Chase Sapphire. Adele began her career at MBNA and has held leadership positions at FICO and Wachovia. She graduated from Universidad de Sevilla and Gettysburg College. She serves as an advocate and mentor for woman's career growth and volunteers time with her family at the local animal rescue.
Best Egg continues to grow and add hundreds of new members to its team. Learn more about open positions on the Best Egg careers page.
About Marlette Holdings, Inc.
Marlette Holdings, Inc. is a leading financial technology provider whose subsidiaries develop and operate Best Egg, a financial health platform that provides lending products and resources focused on helping people feel more confident as they manage their everyday finances. Since March 2014, Best Egg has delivered over $19 billion in consumer personal loans with strong credit performance, welcomed 220,000 members to the recently launched Best Egg Financial Health platform, and empowered over 64,000 cardmembers who carry the new Best Egg Credit Card in their wallet. For more information, visit bestegg.com.
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SOURCE Best Egg | https://www.wibw.com/prnewswire/2022/06/09/adele-chandler-joins-best-egg-team-lead-brand-strategy/ | 2022-06-09T15:12:16Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Masih Alinejad, one of the most outspoken opponents of the Islamic regime in Tehran, was honored today by American Jewish Committee (AJC) with the global advocacy organization's Moral Courage Award.
"Masih Alinejad has dedicated her life to exposing the abuses of the Iranian regime, risking her life to shed light on Iran's human rights abuses, and to advocate for other Iranian women who are fighting for a better future," said Lisa Pruzan, a member of AJC's National Board of Governors and AJC's Women's Leadership Board, who presented the award at the AJC Global Forum.
AJC honored Alinejad for her "moral, intellectual, and physical courage, extraordinary bravery, and commitment to the protection of human rights."
Thanking AJC, Alinejad said she wants to share the Moral Courage Award with "the brave Iranian women" who have been treated as "second-class citizens" since the 1979 Islamic revolution. "I am a child of the Iranian revolution, which was supposed to bring freedom, prosperity and joy. However, it became a revolution against women," she said.
Alinejad began her journalism career covering the parliament in Tehran and drew controversy for her articles about corrupt lawmakers. She left Iran in 2009, following the crackdown on protests against the disputed presidential elections, and moved to the United States.
In 2014, Alinejad launched "My Stealthy Freedom," an online campaign against the Iranian regime's mandate that women wear the hijab. It became the largest civil disobedience campaign in Iran's history. Today, Alinejad has more than 9 million followers on her social media platforms.
"If you can't choose what to put on your head, how can you be in charge of what is in your head," Alinejad told the AJC Global Forum. "The fight against compulsory hijab is fighting against discrimination and for our own dignity as women, as human beings."
"Iranian women lost many of the rights that generations before had fought so hard to get," she added. In addition to the compulsory hijab, women judges have been expelled, women singers banned from performing, and women athletes barred from participating in certain sports. And laws on divorce, child custody and inheritance were changed in favor of men.
Alinejad emphasized that Iran's leaders depend on popular support for its "Death to USA," "Death to Israel," and "compulsory hijab" policies. Removing any of those pillars of support would bring about the regime's collapse. "Think of compulsory hijab as the Berlin Wall. Just as the fall of the Berlin Wall led to the fall of communism, the same is true for the compulsory hijab," she said.
The extent of the regime's efforts to silence her was exposed last July, when the FBI arrested four Iranian intelligence officers in New York, who were planning to kidnap Alinejad and take her to Iran.
AJC has been sounding the alarm for years about the Iranian regime's pervasive human rights abuses; its repeated calls for the annihilation of Israel, and support for Hamas, Hezbollah and other terrorist organizations; pursuit of nuclear weapons capability; and interference in the internal affairs of countries across the Middle East.
"My work is not done," Alinejad concluded. "I can feel miserable, or I can make my oppressors feel miserable. I choose the second option."
AJC Global Forum, taking place June 12-14 in New York City, is the signature annual event of the leading global Jewish advocacy organization. It brings together thousands of participants from across the United States and dozens of countries around the world.
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SOURCE American Jewish Committee | https://www.wibw.com/prnewswire/2022/06/13/american-jewish-committee-presents-moral-courage-award-masih-alinejad-prominent-opponent-iranian-regime/ | 2022-06-13T18:50:30Z |
- Record Quarterly Subscription Revenues of $178 Million, 27% Year-Over-Year Growth
- Record Quarterly Revenues of $196 Million, 18% Year-Over-Year Growth
- Quarterly Calculated Billings of $188 Million, 26% Year-Over-Year Growth
- Quarterly Operating Cash Flows and Adjusted Free Cash Flows of $50 Million and $46 Million, Respectively
SAN MATEO, Calif., June 6, 2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP) today announced financial results for its first fiscal quarter ended April 30, 2022.
"We began the fiscal year strong by delivering record quarterly total revenue and subscription revenue, and also yielding over 20% operating cash flow and adjusted free cash flow margins," said Rob Bernshteyn, chairman and chief executive officer at Coupa. "Company leaders continue to recognize the importance and value of back office transformation. Our comprehensive platform acts as a single source of truth to provide our customers with the data and insights necessary to maximize every dollar of business spend."
First Quarter Results:
- Total revenues were $196.4 million, an increase of 18% compared to the same period last year. Subscription revenues were $178.5 million, an increase of 27% compared to the same period last year.
- GAAP operating loss was $71.3 million, compared to $73.9 million for the same period last year. Non-GAAP operating income was $13.8 million, compared to $7.0 million for the same period last year.
- GAAP net loss attributable to Coupa Software Incorporated was $81.5 million, compared to $100.4 million for the same period last year. GAAP net loss per basic and diluted share attributable to Coupa Software Incorporated was $1.08, compared to $1.38 for the same period last year. Non-GAAP net income attributable to Coupa Software Incorporated was $5.5 million, compared to $5.0 million for the same period last year. Non-GAAP net income per diluted share attributable to Coupa Software Incorporated was $0.08, compared to $0.07 for the same period last year.
- Operating cash flows and adjusted free cash flows were $49.7 million and $45.6 million, respectively.
See the section titled "Non-GAAP Financial Measures" and the reconciliation tables below for important information regarding the non-GAAP financial measures used by Coupa.
Business Outlook:
The following forward-looking statements reflect Coupa's expectations as of June 6, 2022.
Second quarter of fiscal 2023:
- Total revenues are expected to be $202.0 to $205.0 million.
- Subscription revenues are expected to be $185.0 to $188.0 million.
- Professional services and other revenues are expected to be approximately $17.0 million.
- Non-GAAP income from operations is expected to be $9.0 to $12.0 million.
- Non-GAAP net income per diluted share attributable to Coupa Software Incorporated is expected to be $0.07 to $0.10 per share.
- Diluted weighted average share count is expected to be approximately 87.5 million shares.
Full year fiscal 2023:
- Total revenues are expected to be $838.0 to $843.0 million.
- Subscription revenues are expected to be $762.0 to $767.0 million.
- Professional services and other revenues are expected to be approximately $76.0 million.
- Non-GAAP income from operations is expected to be $36.0 to $41.0 million.
- Non-GAAP net income per diluted share attributable to Coupa Software Incorporated is expected to be $0.21 to $0.27 per share.
- Diluted weighted average share count is expected to be approximately 88.5 million shares.
Coupa has not reconciled its expectations for non-GAAP income from operations to GAAP loss from operations, or non-GAAP net income per diluted share attributable to Coupa Software Incorporated to GAAP net loss per share attributable to Coupa Software Incorporated because certain items are excluded from non-GAAP income from operations and non-GAAP net income per diluted share attributable to Coupa Software Incorporated cannot be reasonably calculated or predicted at this time. Such exclusions consist of, charges related to stock-based compensation, amortization of acquired intangible assets, amortization of debt issuance costs, gain or loss on conversion of convertible senior notes, gain or loss on non-marketable investments, the adjustment attributable to redeemable non-controlling interests, non-recurring income tax adjustments, and income tax effects. The effect of these items may be significant.
Recent Business Highlights:
- Welcomed many new customers into the Coupa community in Q1, including the following: African Rainbow Minerals, Americanas S.A, Andover Properties, Arvinas, Asplundh Tree Expert Co, Atlantis The Palm, Aware Super, Biohaven Pharmaceuticals, BITSO, Bluepeak, Bone Dry Roofing, Inc., Brasil Telecom Comunicação Multimídia S.A., Contentful Inc., Coursera, Denka Chemicals Holdings Asia Pacific Private Limited, Digital Charging Solutions GmbH, DPDgroup International Services GmbH, Epta Italy, Escape Bio, Evergreen North America Industrial Services, Evernex, flyExclusive, Global Life Sciences Solutions USA LLC, Gunnebo Nordic AB, Harmony Biosciences, Heartland Generation Ltd, HF Sinclair, HIPUS Co.,Ltd., ID VERDE, Inland Technologies, Kepler Weber S.A., Keystone Academy, Lifelong Medical Care, LightEdge Solutions, Medicines Discovery Catapult, Molecular Assemblies, Inc., Multi-Agency Alliance for Children, Pathways Health and Community Support LLC, PaySafe Group Limited, Pfisterer Holding AG, Pipe Creek Construction, Principal Life Insurance, Reconomy (UK) Limited, Royal Caribbean Cruises Ltd, Salsify, Inc., Silver Bay Seafoods, Simon Property Group, Inc., Specialty Dental Brands, Speedcast Americas, Inc., SSR Mining Inc., Standard Profil Automotive GmbH, Tectonic Therapeutic, Inc., TeleSign, Tonix Pharmaceuticals Holding Corp., Ultradent Products, Wabtec Corporation, Ziegler Holding GmbH, and ZimVie Netherlands Holding B.V.
- Named Customers' Choice for Procure-to-Pay Suites in Gartner's Peer Insights report
- Named a Leader in The Forrester Wave: Supplier Value Management Platforms, Q1 2022 report
- Named a Challenger in the 2022 Gartner Magic Quadrant for Supply Chain Planning Solutions
- Achieved FedRAMP Moderate authorization to help government agencies maximize the impact of every dollar they spend
- Hosted its annual BSM community conference Inspire, in both North America and EMEA, welcoming a record number of attendees and awarding its Spendsetters to recognize leaders revolutionizing BSM. Awarded companies include ADM, AstraZeneca, Farfetch, Grupo Bafar, Mars Vet Health, Mastercard, Primetals, REI, Saga, Saint-Gobain, Sonoco, Tearfund, World Vision, and Zurich
- Launched new innovations to help companies modernize back office functions and accelerate ESG programs, including new solutions for Scope 3 emissions tracking, bid price insights, and supply chain financing
- Launched a multi-year brand partnership with the New York Yankees that will showcase Coupa throughout the fan experience
- Recognized as a finalist to Fast Company's 2022 World Changing Ideas list
- Recognized as one of the Best Workplaces in Tech in Ireland by Great Place to Work
- Partnered with HBCU Connect to support hiring more diverse candidates and accelerate DEI programs
- Published its 2022 BSM Benchmark Report, detailing 20 community-powered KPIs for best in-class business spend management programs
Conference Call Information:
Coupa will host a conference call and live webcast for analysts and investors at 4:30 p.m. Eastern time today.
The live webcast will be accessible on Coupa's investor relations website at http://investors.coupa.com. A replay will be available through the same link.
Non-GAAP Financial Measures:
In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this press release and the accompanying tables contain certain non-GAAP financial measures, including non-GAAP operating income, non-GAAP net income attributable to Coupa Software Incorporated, non-GAAP net income per basic and diluted share attributable to Coupa Software Incorporated, adjusted free cash flows and adjusted free cash flows margin. Coupa believes these non-GAAP measures are useful in evaluating its operating performance and Coupa's management regularly reviews and uses these measures for business planning and other purposes.
Non-GAAP operating income and non-GAAP net income attributable to Coupa Software Incorporated exclude certain items from the corresponding GAAP measures, including: stock-based compensation, amortization of acquired intangible assets, amortization of debt issuance costs, gain or loss on conversion of convertible senior notes, gain or loss on non-marketable investments, the adjustment attributable to redeemable non-controlling interests, non-recurring income tax adjustments, and income tax effects, and prior to the adoption of ASU 2020-06 on February 1, 2022, amortization of debt discount costs. In addition, the weighted average diluted shares figure used to calculate non-GAAP net income per share attributable to Coupa Software Incorporated reflects the anti-dilutive impact of the if-converted method related to the convertible notes, if any.
Beginning in the three months ended April 30, 2022, we utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision to provide better consistency across the reporting periods. In projecting this long-term non-GAAP tax rate, we utilize a three-year financial projection that excludes the direct impact of stock-based compensation, amortization of acquired intangible assets, and amortization of debt issuance costs. The projected rate considers other factors such as our current operating structure, and existing tax positions in various jurisdictions. Additionally, due to historic profitability on a non-GAAP basis, there are no valuation allowances recorded against the non-GAAP deferred tax assets globally. We will periodically reevaluate the projected long-term tax rate, as necessary, for significant events, based on our ongoing analysis of relevant tax law changes, material changes in the forecasted geographic earnings mix, and any significant acquisitions.
Adjusted free cash flows is defined as net cash provided by operating activities, less purchases of property and equipment, and prior to the adoption of ASU 2020-06 on February 1, 2022, plus repayments of convertible senior notes attributable to debt discount, plus one-time payout of legacy unvested equity awards accelerated in conjunction with a business combination. Coupa has the ability to settle obligations related to its senior notes through the use of cash, shares of its common stock, or a combination of both, at its election. Adjusted free cash flow margin is defined as adjusted free cash flows divided by total revenues.
Coupa believes these non-GAAP measures are useful to investors and other users of its financial information because they provide a way to measure and evaluate Coupa's underlying operating performance and the strength of its core business consistently across the periods presented. Coupa believes these non-GAAP measures are also useful for comparing its operating performance to that of other companies in its industry, because they eliminate the effects of certain items that may vary between companies for reasons unrelated to their operating performance. Coupa believes that adjusted free cash flows also provides a useful measure of the company's capital strength and liquidity, although it is not intended to represent and should not be viewed as the amount of residual cash flow available for discretionary expenditures.
Coupa uses these non-GAAP measures in conjunction with GAAP measures as part of its overall assessment of its performance and liquidity, including the preparation of its annual operating budget and quarterly forecasts, to evaluate the effectiveness of its business strategies, and to communicate with its board of directors concerning its financial performance and liquidity. Coupa's definitions of its non-GAAP measures may differ from those used by other companies for similarly-titled measures, and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. Thus, Coupa's non-GAAP measures should be considered in addition to, not as substitutes for, or in isolation from, the company's GAAP results.
Coupa encourages investors and others to review its financial information in its entirety, not to rely on any single financial measure, and to view its non-GAAP measures in conjunction with GAAP financial measures. In addition, Coupa compensates for the limitations of its non-GAAP financial measures by providing a reconciliation of each non-GAAP measure to the most directly comparable GAAP financial measure. These reconciliations are included in the tables attached to this release.
Forward-Looking Statements:
This release includes forward-looking statements. All statements other than statements of historical facts, including the statements of management and statements in "Business Outlook," are forward-looking statements. These forward-looking statements are based on Coupa's current expectations and projections about future events and trends that Coupa believes may affect its financial condition, results of operations, strategy, short- and long-term business operations and objectives, cash flows, liquidity and financial needs.
These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those projected, including, without limitation: Coupa is subject to macroeconomic uncertainties driven by the war in Ukraine, inflation and the COVID-19 pandemic; Coupa has a limited operating history at its current scale, which makes it difficult to predict its future operating results; Coupa may not be able to manage its recent rapid growth effectively; risks related to past and future business acquisitions, including their integration with Coupa's existing business model, operations and culture; if Coupa is unable to attract new customers, the growth of its revenues will be adversely affected; because its platform is sold to large enterprises with complex operating environments, Coupa encounters long and unpredictable sales cycles; the markets in which Coupa participates are intensely competitive; Coupa's business depends in part on its customers renewing their subscriptions and purchasing additional subscriptions; Coupa may not be successful in expanding its sales efforts or developing widespread brand awareness in a cost-effective manner; risks and liabilities related to breach of its security measures or unauthorized access to customer data; and the impact of foreign currency exchange rates and global economic conditions.
These and other risks and uncertainties that could affect Coupa's future results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in Coupa's annual report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 16, 2022, which is available at investors.coupa.com and on the SEC's website at www.sec.gov. Further information on potential risks that could affect actual results will be included in other periodic filings Coupa makes with the SEC.
The forward-looking statements in this release reflect Coupa's expectations as of June 6, 2022. Coupa undertakes no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in its expectations.
About Coupa Software
Coupa is the cloud-based Business Spend Management (BSM) platform that unifies processes across supply chain, procurement, and finance functions. Coupa empowers organizations around the world to maximize value and operationalize purpose through their business spend. To learn more about Coupa, visit www.coupa.com or follow us on LinkedIn or Twitter.
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SOURCE Coupa Software | https://www.mysuncoast.com/prnewswire/2022/06/06/coupa-software-reports-first-quarter-fiscal-2023-financial-results/ | 2022-06-06T21:50:08Z |
Colorado deputy shot, killed in line of duty; 2 others dead
EL PASO COUNTY, Colo. (Gray News) – Three people, including a deputy, are dead following a shooting in Colorado on Sunday evening.
The El Paso County Sheriff’s Office confirmed in a post that Deputy Andrew Peery was shot and killed in the line of duty.
Multiple agencies were involved, and according to the Colorado Springs Police Department, the investigation began with law enforcement responding to a 911 call around 5 p.m. regarding a shooting. There were additional 911 calls from other area residents also reporting hearing gunfire.
Two El Paso County Sheriff’s Office deputies and one Fountain Police Department officer responded. When they arrived, they encountered gunfire from the suspect, later identified as 33-year-old John Paz.
Peery, who was one of the responding deputies, was struck by a bullet and “gravely injured,” according to police. Law enforcement returned fire on Paz and immediately began lifesaving measures on Peery.
Peery was rushed to the hospital by an ambulance, but he died from his injuries.
While at the scene, other deputies and officers found a dead woman in the front yard of the home. When police entered the home, they found Paz dead from an apparent self-inflicted gunshot wound.
While the El Paso County Coroner’s Office will rule an official cause of death for all three people, the deaths of Peery and of the woman are being investigated as homicides committed by Paz, police said.
The Colorado Springs Police Department is leading the investigation.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/09/colorado-deputy-shot-killed-line-duty-2-others-dead/ | 2022-08-09T16:38:44Z |
TSX.V: EU
OTCQB:ENCUF
www.encoreuranium.com
CORPUS CHRISTI, Texas, Aug. 2, 2022 /CNW/ - enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) today announced continuing positive results from its uranium delineation drilling programs at its 100% owned Rosita Project in South Texas. The on-going drilling program is currently concentrating on the Rosita Extension PAA (Production Authorization Area), adjacent to enCore's fully licensed Rosita ISR (In-Situ Recovery) Processing Plant. The drilling program has confirmed, expanded and upgraded the historic mineralized trends, which will be the initial source of uranium feed for processing at the Rosita Plant.
Highlights of the Rosita Extension Project uranium delineation drill program include:
- Significant mineralization in 59 of 145 holes with Grade Thickness (GT) above 0.3 encountered in 37 holes ("GT" or "Grade Thickness" is defined as the grade multiplied by the thickness of a mineralized intercept). A GT of 0.3 is the established minimum for inclusion in a wellfield for shallow ISR, with 0.45 considered typical ISR ore-grade for shallow deposits;
- High-grade mineralization was encountered in 8 holes which have a GT of 0.85 to 1.73;
- Delineation drill results have established three distinct mineralized horizons in the sandstone host rock as opposed to only one that was previously identified within the PAA;
- The Company has expanded the drill program to four drill rigs on site.
Please visit https://bit.ly/3Q6WJMG to view Rosita project maps and view the Rosita drill program video at: https://www.youtube.com/watch?v=DlFSTsFvPnA&t=1s.
Paul Goranson, enCore Energy Chief Executive Officer said, "enCore continues to be pleased with the drill results in terms of both grade and extent of mineralization at our Rosita Extension area. We look forward to additional drilling results as we advance the project into development. enCore remains on budget and on schedule to meet its 2023 operational plans and contract delivery commitments."
enCore's Rosita Plant, located approximately 60 miles from Corpus Christi, Texas, is a licensed, past-producing in-situ recovery (ISR) uranium plant that is completing refurbishment. The final stage of refurbishment work will be completed with the delivery of six pumps that have been delayed due to unexpected supply chain interruptions. We remain on budget and the delay is not expected to impact scheduled production startup in 2023. The Rosita Plant is designed to process uranium feed from multiple satellite operations, all located in the South Texas area, and is 1 of 11 licensed and constructed uranium processing plants in the United States, 2 of which are owned by enCore Energy.
All drill holes are 5.625-inch diameter rotary-mud holes. Each hole is logged with electrical and gamma methods upon completion. Any anomalous gamma readings are followed up with Prompt Fission Neutron (PFN) surveys which provide direct and accurate in-situ uranium values eliminating any concerns over disequilibrium. The Company owns and operates 2 logging trucks and 5 PFN tools.
Many uranium deposits have a degree of disequilibrium, whereby the radioactivity measured in drill holes using traditional gamma methods does not accurately correspond to ore grade, due to the continued decay of uranium daughter products including potassium, thorium, lead and bismuth relative to radium (Ra226), a significant gamma emitter. Traditionally, accurate uranium values are therefore determined by chemical assay of drill core which is time consuming and expensive.
Without accurate uranium values, the potential for inaccurate estimates of mineralization on both the high and low side is ever present. Real-time PFN analysis accurately eliminates potential errors by using neutron activation to directly detect and quantify uranium content in place down the drill hole.
The PFN tool creates very fast neutrons (14MeV) and fires 108 neutrons per second. Therefore, the neutrons emitted by the PFN tool excite, at an atomic level, in-situ uranium atoms in the drill hole, creating fast (epithermal) neutrons and slow (thermal) neutrons. The ratio of epithermal to thermal neutrons is proportional to uranium, allowing the U3O8 ore grade to be accurately calculated. This provides a relatively inexpensive and instantaneous means for accurate assaying of in-situ ore grades over large areas, and it allows for accurate ore body mapping, resource estimation, and wellfield planning.
Mark Pelizza, MSc. Geo. Eng., CPG-11821, a Director for the Company, and a Qualified Person under NI 43-101, has approved the technical disclosure in this news release.
With approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category1, enCore is the most diversified in-situ recovery uranium development company in the United States. enCore is focused on becoming the next uranium producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. The South Dakota-based Dewey Burdock project and the Wyoming Gas Hills project offer mid-term production opportunities, with significant New Mexico uranium resource endowments providing long-term opportunities. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to the intended use of the net proceeds of the Offering and the completion of any capital project or property acquisitions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; future legislative and regulatory developments; inability to access additional capital; the ability of enCore to implement its business strategies; and other risks. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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SOURCE enCore Energy Corp. | https://www.wibw.com/prnewswire/2022/08/02/encore-energy-q22022-uranium-drilling-update-new-trend-discovery-rosita-project-texas/ | 2022-08-02T12:24:15Z |
BrightEdge Impact Venture Capital Fund Reports Net Asset Value of Some $77 Million
ATLANTA, May 19, 2022 /PRNewswire/ -- The American Cancer Society's impact venture capital fund, BrightEdge LLC, today reported $9.7 million in realized and unrealized investment gains on $18.5 million in invested capital through year-end 2021. BrightEdge's net asset value now stands at roughly $77 million, including recent donations and an additional $40 million investment from the American Cancer Society (ACS).
ACS created BrightEdge in 2019 to build a sustainable stream of alternative income. Like traditional venture capital funds, BrightEdge invests in for-profit, early-stage companies developing cancer-focused therapeutics, diagnostics, devices and technologies. Investment gains, however, are fully reinvested in ACS research and other portfolio companies.
"Through the combined impact of the Society's financial, intellectual and social capital, BrightEdge is uniquely positioned to drive patient-centric innovation," said Alice Pomponio, the fund's managing director. "We are a different kind of investor – one that sees around the corner to identify novel solutions, reduce the time from discovery to patients, and pave the way to more equitable access to care."
In 2021, BrightEdge completed eight venture capital deals, including six new investments and two follow-on funding rounds. The fund invests alongside the country's most prominent venture capital firms – serving as a value-added syndicate partner to determine opportunity and need and validate a third party's investment decision.
Since 2019, BrightEdge has made 15 mission-aligned investments (representing $18.5 million in invested capital), two of which have gone public. The fund's typical investment ranges from $500,000 to $2.5 million, with similar amounts reserved for follow-on rounds. BrightEdge is stage-agnostic but particularly active in Series A funding rounds.
BrightEdge's portfolio comprises companies working on solutions across the cancer-patient continuum and value chain -- from prevention and disease awareness and cutting-edge diagnostics, treatments, and solutions to patient access.
"BrightEdge serves ACS in two ways – one is the near-term benefit of investing in developing cancer-focused therapies and technologies. The other is the long-term benefit as a source of increased funding for our mission," said Dr. Karen Knudsen, CEO of the American Cancer Society. "BrightEdge has quickly become an innovative market-based model for advancing science, reducing health disparities and building a more sustainable healthcare ecosystem."
Among BrightEdge's investments in 2021:
- Immunitas Therapeutics (Series B) -- develops novel therapeutics for patients with challenging, complex cancers by unlocking human immunology using single-cell analyses and machine learning.
- Interius BioTherapeutics (Series A, follow-on investment) -- expanding the potential of cell and gene therapy by developing next-generation delivery technology.
- Lunit (pre-IPO) -- developing an AI platform to make data-driven medicine the new standard of care -- focused on conquering cancer through precision diagnostics and therapeutics.
- TailorMed (Series A) -- harnesses technology to improve the financial performance of healthcare providers and reduce financial hardship for patients.
- Freenome (Series D, follow-on) – developed a comprehensive multiomics platform for the detection of cancer using a standard blood draw.
"Moving forward, we are poised to lead and shape the movement of cancer impact investing and expand health equity through our investment strategy, the strength of our portfolio and a fast-growing network of supporters," said Pomponio.
BrightEdge has set a fundraising and portfolio performance target to grow the fund to $100 million by next year.
About BrightEdge
BrightEdge is the American Cancer Society's donor-funded impact venture capital fund. The fund invests in for-profit companies developing therapeutics, diagnostics, medical devices, and technologies to eradicate cancer. It invests alongside top-tier life sciences and healthcare investors with a goal of generating financial returns over four- to seven-year timeframes. For more information and a copy of the fund's 2021 report, visit www.brightedgefund.org.
About the American Cancer Society
The American Cancer Society is on a mission to free the world from cancer and to ensure that everybody has a fair and just opportunity to prevent, find, treat, and survive cancer. The Society invests in lifesaving research, provide 24/7 information and support, and work to ensure that individuals in every community have access to cancer prevention, detection, and treatment. For more information, visit www.cancer.org.
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SOURCE American Cancer Society | https://www.kxii.com/prnewswire/2022/05/19/american-cancer-societys-impact-venture-capital-fund-releases-performance-results-date/ | 2022-05-19T15:37:26Z |
Partnership drives commercial excellence through precision engagement to benefit patients in need of options
BAUDETTE, Minn. and PLEASANTON, Calif., June 21, 2022 /PRNewswire/ -- ANI Pharmaceuticals, Inc. (Nasdaq: ANIP) and Veeva Systems (NYSE: VEEV) today announced a collaboration to define and operationalize data-driven commercial strategies for ANI's new Rare Disease Business Unit. ANI is using software, data, and services from Veeva to establish the digital foundation for the launch of the business unit's first commercially available product in the U.S.
"To serve rare disease patients with high unmet medical needs, we need to be agile, data-driven, and efficient," said Christopher Mutz, head of rare disease at ANI. "With Veeva as our trusted partner, we accelerated launch readiness and equipped new sales, medical, and marketing teams with the digital tools they need — all with the speed and precision warranted by such an important milestone."
ANI recently announced the U.S. commercial availability of Purified Cortrophin® Gel (Repository Corticotropin Injection USP) 80 U/mL. To prepare for this launch, ANI adopted the complete suite of Veeva Commercial Cloud solutions across its business, including software for multichannel engagement and content management, along with longitudinal patient data for customer segmentation.
"ANI now has a digital foundation that supports its patient-centric approach to commercialization," said Paul Shawah, executive vice president of commercial strategy at Veeva. "The company is advancing its mission by leveraging data to uncover key patient groups as well as the providers who care for them and empowering its field teams to create meaningful connections."
Veeva Business Consulting also helps the company use advanced analytics to continuously optimize for the most precise and impactful sales and medical interactions. This allows ANI's field force to identify new healthcare professionals, while delivering actionable insights so they can best engage with them. Learn more about how ANI launched at speed and scale in an upcoming fireside chat webinar on July 19.
Additional Information
For more on Veeva Commercial Cloud, visit: veeva.com/commercial-cloud/
Connect with Veeva on LinkedIn: linkedin.com/company/veeva-systems
Follow @veevasystems on Twitter: twitter.com/veevasystems
Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.
ANI Pharmaceuticals is a diversified biopharmaceutical company serving patients in need by developing, manufacturing, and marketing high quality branded and generic prescription pharmaceutical products, including for diseases with high unmet medical need. Our team is focused on delivering sustainable growth by building a successful Purified Cortrophin® Gel franchise, strengthening our generics business with enhanced development capability, innovation in established brands and leveraging our North American manufacturing capabilities. For more information, please visit www.anipharmaceuticals.com.
To the extent any statements made in this release relate to information that is not historical, these are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "anticipates," "will," "expects," "plans," "potential," "future," "believes," "intends," "continue," other words of similar meaning, derivations of such words, and the use of future dates. These forward-looking statements include, but are not limited to, statements related to the commercial launch of Cortrophin Gel. Risks and uncertainties that may cause ANI's actual results to be materially different than those expressed in or implied by such forward-looking statements include, but are not limited to, the costs involved in commercializing Cortrophin Gel, general business and economic conditions, increased competition and strategies employed by competitors, uncertainties regarding the COVID-19 pandemic, market trends for our products, regulatory environment and changes, and other risks and uncertainties that are described in ANI's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other periodic reports filed with the U.S. Securities and Exchanges Commission.
Any forward-looking statements in this news release speak only as of the date of this news release and are based on ANI's current beliefs, assumptions, and expectations. Except as required by law, ANI undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the period ended April 30, 2022, which you can find here (a summary of risks which may impact our business can be found on pages 37 and 38), and in our subsequent SEC filings, which you can access at sec.gov.
Veeva Systems Media Contact
Deivis Mercado
Veeva Systems
925-226-8821
deivis.mercado@veeva.com
ANI Pharmaceuticals Media Contact
Angela Salerno-Robin
dna Communications
212-445-8219
ASalerno-Robin@dna-comms.com
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SOURCE Veeva Systems | https://www.kxii.com/prnewswire/2022/06/21/ani-pharmaceuticals-adopts-veeva-commercial-cloud-better-support-rare-disease-patients/ | 2022-06-21T12:20:24Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Duke Realty Corporation ("Duke Realty" or the "Company") (NYSE: DRE), in connection with the proposed acquisition of the Company by Prologis, Inc. ("Prologis") (NYSE: PLD). Upon completion of the transaction, the Company's shareholders will receive 0.475 shares of Prologis common stock for each Duke Realty share owned, representing implied per-share merger consideration of approximately $55.69 based upon Prologis's June 10, 2022 closing price of $117.24. The all- stock transaction is valued at approximately $26 billion.
If you own Duke Realty shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/dre
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Duke Realty's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Duke Realty's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/06/13/shareholder-alert-weiss-law-investigates-duke-realty-corporation/ | 2022-06-13T23:39:23Z |
Introducing Potty Training: The Stress-Free Guide to Success
BOSTON, April 21, 2022 /PRNewswire/ -- Tinyhood, the leading online education platform for parents, is reimagining the way parents potty train their children with their latest on-demand class Potty Training: The Stress-Free Guide to Success.
In a first-of-its-kind class, Tinyhood partnered with leading Pediatric Occupational Therapist Quiara Smith (MOT OTR/L) to develop the first potty training method and class taught by an expert who specializes in the pelvic floor and pediatric potty issues.
"I've worked with thousands of families for whom potty training has not gone well, and have seen what an emotional toll it has taken on children and their families," said Smith. "These parents I was seeing in my practice were blaming themselves for their child's long-term issues, be it toilet refusal, fear of the potty, or chronic constipation. But from my perspective, the problem isn't with the parents, it is these popular potty training methods that don't take into account the latest science or a child's physical, social & emotional development."
For parents of children 24+ months, Tinyhood created this class in order to prevent so many of these issues – by providing a simple, straight-forward, evidence-based method that is rooted in child development and is specifically designed to avoid the common pitfalls and make potty training not "stick." In the class, parents will learn when to potty train based on both the biological and emotional signs of readiness, get a step-by-step-method for how to potty train in a matter of days, and learn how to troubleshoot common challenges such as regressions, poop withholding, and more.
"We've heard from so many parents that potty training can be one of the most stressful and daunting milestones they face," said co-founder and CEO Becky Miller. "We saw a big gap in the educational offerings out there and knew we had to give parents a better way - one that is grounded in expertise and already proven to work with real families. Now, parents everywhere can have access to this groundbreaking potty training method and the best possible expert guidance."
Tinyhood's online classes are taught by the industry's leading experts in order to give parents the most reliable information. The platform is created with the modern parent in mind. All courses are 100 percent on-demand allowing parents to learn anytime, anywhere.
"With our professionally produced classes, we're able to provide an unmatched, immersive learning experience complete with detailed animations, demonstrations with real parents and children, as well as interactive handouts and checklists," said co-founder and CTO Susan Blinn. "The classes are specifically designed to support all types of learners and be easily consumed by busy parents."
The launch price of $59 includes nearly 2 hours of video content broken down into bite-sized video lessons, downloadable handouts and checklists. Parents have access to the class for 1 year.
About Tinyhood
Tinyhood is the leading online learning platform for the modern parent, giving them information they can trust and strategies to make them feel empowered throughout their parenting journey. Every Tinyhood course is taught by top experts, and topics range from pregnancy through toddlerhood. The courses are 100% flexible allowing parents to watch them at their own pace, on their own time, and in the privacy of their own home. Each course also comes with interactive checklists and guides, a private community, and expert office hours to help you troubleshoot issues as you go. Kids don't come with a manual, but this is pretty close.
To learn more about Tinyhood, visit https://www.tinyhood.com/
Media Contact:
Amanda Weymouth, Tinyhood
amanda@tinyhood.com
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SOURCE Tinyhood | https://www.wibw.com/prnewswire/2022/04/21/tinyhood-launches-potty-training-class-increasing-access-worlds-best-parenting-education/ | 2022-04-21T20:37:06Z |
Washburn baseball nearly upsets #8 Southern Arkansas in NCAA First Round
TOPEKA, Kan. (WIBW) - The Bods’ bats were blazing hot in the first inning, but a 7-run 8th inning from the Muleriders ruins Washburn’s upset bid.
Parker Dunn had a powerful start with a 3-run home run. He finished the night 1-5 with 3 RBIs.
Then in the top of the second, Brett Ingram with a two-run moon shot. He said he’d take these boys against anyone right now in the country and they’re showing why.
Top of the third, it was a home run from Quinn Waterbury, they continue to take advantage of the momentum, and they go up 10-5 in the 5th.
They keep the 10-5 lead into the 8th still, but then the No. 8 ranked team in D-II, Southern Arkansas, showed their potential.
They score 7 runs in the top of the 8th to take their first lead of the night, 12-10. Ichabods get one more in the 9th, but it’s not enough as they lose 12-11.
They will play Friday, May 20 against Northeastern State for a chance to survive and advance in the NCAA D-II Regional Championships.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/20/washburn-baseball-nearly-upsets-8-southern-arkansas-ncaa-first-round/ | 2022-05-20T05:11:12Z |
(The Hill) — Justice Clarence Thomas on Monday expressed a desire to revisit a landmark 1964 ruling that makes it relatively difficult to bring successful lawsuits against media outlets for defamation.
Thomas’s statement came in response to the court’s decision to turn away an appeal from a Christian nonprofit group who disputed their characterization by the civil rights watchdog group Southern Poverty Law Center (SPLC).
Coral Ridge Ministries Media sued the SPLC for defamation for listing them as a hate group on their public database, which led to Amazon excluding Coral Ridge as a recipient of charitable contributions from online shoppers.
Thomas dissented from the Supreme Court’s decision not to hear the lawsuit, which had been dismissed by lower courts for failing to overcome the decades-old legal standard, established in the landmark 1964 New York Times v. Sullivan decision, that public figures who sue for defamation must not only prove defendants made defamatory statements, but that those statements were made with “actual malice.”
“This case is one of many showing how New York Times and its progeny have allowed media organizations and interest groups ‘to cast false aspersions on public figures with near impunity,’” Thomas wrote.
Updated at 10:05 a.m. | https://cw33.com/news/nexstar-media-wire/clarence-thomas-signals-interest-in-making-it-easier-to-sue-media/ | 2022-06-27T17:00:08Z |
ST. JOHNS, Fla., Aug. 4, 2022 /PRNewswire/ -- An updated 2022 Atlantic hurricane season forecast released today by Colorado State University (CSU) slightly reduced the projected number of named storms, hurricanes and major hurricanes while still envisioning an "above-average" level of tropical cyclone activity this season.
Led by Phil Klotzbach, PhD, also a non-resident scholar at the Insurance Information Institute (Triple-I), the CSU forecast team released its initial 2022 seasonal outlook on April 7 and an update on June 2. In its August update, CSU now anticipates 18 named storms rather than the 20 forecast in June, eight hurricanes instead of 10, and four major hurricanes as opposed to five. Major hurricanes are those with wind speeds reaching Category 3, 4 or 5 on the Saffir-Simpson Hurricane Wind Scale.
A typical season has 14 named storms, seven hurricanes, and three major hurricanes. The Atlantic hurricane season continues through Nov. 30. Three named storms have already developed in 2022: Alex, Bonnie, and Colin. None of them made landfall in the U.S. Historically, 90 percent of hurricanes and 95 percent of major hurricanes form after Aug. 1.
"We are nearing the peak of the 2022 Atlantic hurricane season so this is the ideal time to gather your hurricane supplies and get your properties ready," said Sean Kevelighan, CEO, Triple-I. "Residents who live in coastal states from Maine to Texas are vulnerable to the direct impacts of hurricanes and tropical storms. Even though the updated forecast calls for somewhat less activity than originally forecast, all it takes is one storm to make it an active season for you and your family so now is the time to prepare."
The 2021 Atlantic hurricane season produced the third-most named storms on record. Seven of last year's 21 named storms were hurricanes, with four reaching major hurricane intensity. Category 4 Hurricane Ida made landfall in Louisiana on Aug. 29, 2021, and then caused deadly flooding along the East Coast a few days later.
"Homeowners and business owners should review their policies with an insurance professional to make sure they have the right types, and amounts, of insurance to protect their properties from damage caused by either wind or water. That also means exploring whether they need flood coverage since flood-caused damage is not covered under standard homeowners, condo, renters, or business insurance policies. In addition, homeowners should take steps to make their residences more resilient to windstorms and torrential rain by installing roof tie-downs and making sure they have a good drainage system," Kevelighan recommended.
The updated CSU forecast indicates there is a 68 percent chance (full-season average for the last century is 52 percent) of a major hurricane making landfall in the continental U.S. this year. This includes a 43 percent chance for the U.S. East Coast, including the state of Florida, as well as a 43 percent chance of a major hurricane making landfall between the Florida Panhandle westward to Brownsville, Texas.
"Current La Niña conditions are likely to persist for the rest of the Atlantic hurricane season. We continue to anticipate an above-normal probability for major hurricanes making landfall along the continental United States coastline and in the Caribbean," Klotzbach said. "Sea surface temperatures averaged across the tropical Atlantic and Caribbean are slightly warmer than normal. A warmer than normal tropical Atlantic provides more fuel for developing storms. However, sea surface temperatures are only slightly above normal, so the CSU forecast team considers this a mostly neutral factor for the remainder of the season."
RELATED LINKS
Consumer Information
Catastrophes: Insurance Issues
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Video
Dr. Klotzbach Discusses Updated 2022 Atlantic Seasonal Hurricane Forecast
The Triple-I has a full library of educational videos on its YouTube Channel.
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SOURCE Insurance Information Institute | https://www.kxii.com/prnewswire/2022/08/04/triple-i-fewer-storms-forecast-above-average-hurricane-activity-expected/ | 2022-08-04T15:48:17Z |
Scopio's CE-Marked Full-Field Bone Marrow Aspirate™ Application provides an enhanced hematology workflow by utilizing AI and imaging of vast numbers of cells to overcome limitations of manual microscopy
TEL AVIV, Israel, Sept. 8, 2022 /PRNewswire/ -- Scopio Labs, developer of Full-Field Cell Morphology™ imaging and AI-powered analysis platforms to support laboratory professionals in the detection of cancers, anemia, infections, and other blood-related diseases, announced today the launch of the Full-Field Bone Marrow Aspirate™ (FF-BMA) Application. This platform is the first to enable a complete digital workflow for bone marrow aspirate scanning and analysis. Scopio's high resolution Full-Field imaging and AI-driven Decision Support System brings a much-desired digital transformation to hematopathology. With embedded remote analysis capabilities over a secure hospital network, the application provides the ability to review the aspirate from any location, in the lab or from remote sites, eliminating the need for a manual microscope to perform a BMA review.
Bone marrow acts as a "blood cell factory," where blood cells are born and reach maturation before being transferred to the peripheral blood. When a malignancy or disease occurs, the factory malfunctions and certain cell populations are over or under-produced. Bone marrow aspirates are routinely performed and analyzed to detect both benign and malignant blood disorders, such as leukemias, multiple myeloma, myelodysplastic syndrome and more.
"Reviewing bone marrow aspirate is an art form – it is a complex and intricate analysis predominantly performed by trained hematopathologists or hematologists," said Amy Meitus, MD, Chief Product Officer at Scopio Labs. "Scopio's FF-BMA platform provides a digital end-to-end solution that augments physicians' capabilities. Our AI-powered Decision Support System provides the clinician with an in-depth explanation for every suggestion offered, engendering a level of trust and transparency crucial for confident decision making."
Until now, standard bone marrow aspirate review was conducted manually via microscopic analysis of cells, with guidelines recommending review of at least 500 cells per sample. Scopio's Full-Field imaging provides hematologists with a digital copy of the slide at 100X magnification while the AI-powered Decision Support System analyzes thousands of cells throughout the sample. Lab experts are then provided with a comprehensive analysis of various characteristics of the sample, including a 500-cell differential that correctly represents the distribution of thousands of cells across the sample. As such, Scopio overcomes the limitations of manual microscopy and review, which no other morphology solution has done previously.
"We are excited to bring this novel and much needed application to the market. Whereas tissue pathology has reached the digital age, hematopathology has remained analog – until now," said Itai Hayut, Co-Founder and CEO of Scopio Labs. "As the first digital decision support tool for bone marrow aspirate analysis, this application is creating a wave of anticipation among specialists. Bone marrow is the key to diagnosing certain cancers, such as leukemia and multiple myeloma, but are notoriously complex samples to analyze. Having a trustworthy digital solution is a boon to hospitals and laboratories around the world."
The FF-BMA Application operates on Scopio's X100 and X100HT, the same devices as the Full-Field-Peripheral Blood Smear™ Application, providing a scalable solution for hospitals and lab networks looking to digitize hematology diagnostics and testing processes. Contact Scopio Labs for more information about availability within the EU.
About Scopio
Scopio Labs is transforming cell morphology analysis, offering a suite of fully digital applications and platforms that enhance clinical workflows. By assisting lab experts with faster, earlier, and accurate detection and diagnosis of disease, Scopio expedites patients' access to life-saving treatments.
Solving the tradeoff between field-of-view and resolution, Scopio enables labs to assess and analyze cell morphology at unprecedented scale and depth. The company's combination of high-resolution imaging and an AI-powered decision support system makes the diagnostic process more efficient and consistent across the continuum of care.
Scopio Labs' FDA-cleared, CE-marked X100 and X100HT with the Full-Field Peripheral Blood Smear Application is in full commercial use across the U.S. and Europe. To learn more, visit https://scopiolabs.com/.
Media Contact:
Netanya Stein
WestRay Communications
netanya@westraycommunications.com
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SOURCE Scopio Labs | https://www.mysuncoast.com/prnewswire/2022/09/08/scopio-labs-launches-worlds-first-digital-application-bone-marrow-aspirate-imaging-review/ | 2022-09-08T09:05:20Z |
THOUSAND OAKS, Calif., May 3, 2022 /PRNewswire/ -- Anchor Loans, the nation's leading provider of financing to fix-and-flip entrepreneurs, today announced that Bryan Thompson, Chief Financial Officer, has been selected by HousingWire as one of the 2022 Financial Leaders award recipients.
The HousingWire Finance Leaders awards recognizes the top finance executives who are driving financial performance, expanding margins, improving liquidity and helping their businesses access the capital markets. The Finance Leaders are selected by HousingWire's Selection Committee based on their professional achievements within their organizations, contributions to the overall housing economy, client impact and personal success.
Bryan was recognized for his efforts in helping finance the company's accelerated organic growth and his leadership in attracting a new principal investor. Last year, Anchor finished the year with a record $1.8 billion in originations and, to date, is the only fix and flip lender to surpass the $10-billion origination mark. Last year Bryan played a significant role in the negotiations between Anchor and Pretium that resulted in Pretium's acquisition of Anchor in November.
"When we launched the Finance Leaders award in 2021, HousingWire sought to recognize the forward-thinking finance executives who contributed to their organizations' financial growth and strategic missions despite the challenges of the pandemic," said Clayton Collins, CEO of HW Media. "We never anticipated the volatile mortgage rate environment, supply and demand imbalances and overall market challenges that housing executives have endured over the last twelve months. HousingWire Finance Leaders are truly masters at managing liquidity, executing M&A and strategic deals and developing impenetrable balance sheets to position their businesses for enduring success."
"We're very proud Bryan has been recognized by HousingWire," said Andy Pollock, Chief Executive Officer of Anchor Loans. "Bryan's contributions to Anchor over the past 5 years, and especially over the past 12 months, have directly impacted our continued success and expansive growth. It is fitting that Bryan should be singled out for this award because he truly is an exceptional CFO."
About Anchor Loans
Anchor Loans is the nation's largest private direct lender to real estate investors. The company has originated more than $10 billion in funding since it was founded in 1998 and is the first in the industry to fund more than $1 billion in a single year, which it has surpassed every year since 2016. Anchor Loans specializes in larger and more customized loans for experienced real estate entrepreneurs. More than 85% of Anchor Loans' borrowers are repeat customers, and more than 75% of the company's new borrowers are referred by existing customers. The company was ranked for two consecutive years on the Inc. 5000 list of the fastest-growing privately held small companies in the U.S. For more information visit https://www.anchorloans.com.
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SOURCE Anchor Loans | https://www.kxii.com/prnewswire/2022/05/03/anchor-loans-bryan-thompson-chosen-housingwire-2022-financial-leader/ | 2022-05-03T17:16:05Z |
- Advanced development teams can distribute functions across different layers, using Telit App Zone SDK to develop BSP functions and drivers in C/C++, while using MicroEJ layer to develop the application
- Telit+MicroEJ enables complex application development, with support for Java, Kotlin and JavaScript programming languages on embedded platforms
IRVINE, Calif., June 20, 2022 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced a strategic partnership with MicroEJ, a leading provider of standard software containers for embedded and IoT devices. With the unique combination of MicroEJ software container technology deployed on Telit IoT cellular modules—starting with ME910C1 product family—Telit offers a more complete portfolio of solutions and enables a broader software development ecosystem. To learn more, visit: https://www.telit.com/telit-microej-iot-enablement-sample-kit/.
Using the Telit App Zone SDK powerful development environment for IoT devices, advanced development teams can distribute functions across different layers to develop Board Support Platform (BSP) functions and drivers in C/C++, while using the MicroEJ layer to develop the application using high level languages. MicroEJ allows easy customization for various end-customers with its dynamic app loading and a custom application store. MICROEJ VEE (Virtual Execution Environment) trusted software container complements the Telit App Zone and enables complex application development, with support for Java, Kotlin and JavaScript programming languages on embedded platforms. MICROEJ VEE comes with its Virtual Device counterpart for desktop environments, enabling engineers to design and qualify their specifications on the virtual Telit device ahead of hardware design, which accelerate the development process.
At the core of MICROEJ VEE sits MEJ32, a 32-bit virtual machine, which comes in various flavors optimized for each type of processor. The MICROEJ VEE enables hardware abstraction, which facilitates software development and code portability across different device architectures and technologies. Developers can also take advantage of software components that are hardware independent and reuse them across hardware architectures and application processors.
Telit+MicroEJ competitive differentiators:
- Optimized hardware costs: runs code on the module without the need of external processor
- Better performance: lightweight, fast and power efficient
- Abstraction and increased security: provides abstraction of underlying hardware capabilities and protects memory access, critical hardware functions and system services
- Separation of concerns: all cellular/ wireless protocol jargon is confined and managed by lower layers, exposing a simple yet fully controllable set of APIs
"Telit+MicroEJ helps customers coming from a non-embedded world to remove the learning curve of cellular IoT development," said Dr. Fred Rivard, CEO, MicroEJ. "Developers from other environments will find higher quality, security and support programming languages and tools along, with reduced dependencies from underlying hardware architectures thus simplifying code portability."
"MICROEJ VEE with a virtual Telit device allows for faster iteration and accelerated, simplified app development with multilanguage support, a better abstraction and richer set of high-level APIs," said Martino Turcato, Head of Software, Product Management, Telit. "Manufacturers can empower their users and create an app ecosystem around their devices. Examples range from edge applications to vertical services like hyperscaler integration, HMI and edge analytics."
Visit the Telit booth, #5-277, at Embedded World June 21–23 in Nuremberg, Germany to watch a Telit+MicroEJ demonstration. The demo showcases an application running on MICROEJ VEE as it processes and sends sensor data to Telit OneEdge™, a secure software stack integrated with Telit modules and cloud services. OneEdge is Telit's solution that helps connect and manage edge devices, simplifying IoT deployment at scale.
About MicroEJ
MicroEJ is bringing container virtualization to IoT and embedded devices. We are focused on providing device manufacturers with secure application containers in markets where software applications require high performance, compact size, energy efficiency, and cost-effective development.
With over 100 million products sold, all the leading global manufacturers have chosen MicroEJ to design their electronic devices for a large variety of industries, including smart home, wearables, healthcare, industrial automation, retail, telecommunications, smart city, building automation, transportation, etc.
For more information: Press Kit – Press Room – www.microej.com – LinkedIn
Java™ is Sun Microsystems' trademark for a technology for developing application software and deploying it in cross-platform, networked environments. When it is used in this site without adding the "™" symbol, it includes implementations of the technology by companies other than Sun. Java™, all Java-based marks and all related logos are trademarks or registered trademarks of Sun Microsystems Inc, in the United States and other Countries.
About Telit
Telit simplifies onboarding of connected 'things' with a portfolio of enterprise-grade wireless communication and positioning modules; cellular MVNO connectivity plans and management services; edge and cloud software; and data orchestration, IoT and Industrial IoT platforms. With over two decades of pioneering IoT innovation experience, Telit delivers award-winning, secure, integrated IoT solutions for many of the world's largest enterprises, OEMs, system integrators and service providers, so they can connect and manage IoT at any scale.
For more information, follow us on YouTube, Twitter, LinkedIn and Facebook or visit www.Telit.com.
Copyright © 2022 Telit Communications LTD. All rights reserved. Telit, Telit OneEdge and all associated logos are trademarks of Telit Communications LTD and its affiliated companies in the United States and other countries. Other names used herein may be trademarks of their respective owners.
Media Contacts
MicroEJ
Press@MicroEJ.com
Leslie Hart
Telit
+1 919-415-1510
Leslie.Hart@Telit.com
Lora Wilson
Valerie Christopherson
GRC for Telit
+1 949-608-0276
telit@globalresultspr.com
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SOURCE Telit | https://www.mysuncoast.com/prnewswire/2022/06/20/telit-partners-with-microej-software-development-solutions-enable-broader-development-ecosystem/ | 2022-06-20T14:20:01Z |
NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Fennec Pharmaceuticals Inc. (NASDAQ: FENC).
To receive updates on the lawsuit, fill out the form:
The lawsuit seeks to recover losses for shareholders who purchased Fennec between May 28, 2021 and November 26, 2021.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 11, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Fennec Pharmaceuticals Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Fennec had not successfully remediated, and overstated its efforts to remediate, issues with the manufacturing facility of its drug product manufacturer for PEDMARK, a new compound developed to reduce the incidence of hearing loss in children undergoing chemotherapy; (ii) as a result, the Food and Drug Administration likely to approve the Resubmitted Pedmark New Drug Application ("NDA"); (iii) accordingly, the regulatory and commercial prospects of the Resubmitted Pedmark NDA were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/04/01/fenc-shareholder-alert-jakubowitz-law-reminds-fennec-shareholders-lead-plaintiff-deadline-april-11-2022/ | 2022-04-01T12:05:28Z |
Restaurants Have 99 Problems But Rockless Table Self-Stabilizing Bases Eliminate The Most Common Complaint – Wobbly Tables
CHICAGO, May 20, 2022 /PRNewswire/ -- Rockless Table will be debuting their "99 Problems" campaign at the National Restaurant Association Show in Chicago, IL., May 21st-24th. Rockless is the solution for one of the most common complaints and frustrations for owners, workers, and customers alike across the restaurant and hospitality industry – the annoying wobbly table.
Rockless Table has eliminated the hassle of "fixing" this age-old problem with its revolutionary self-stabilizing technology. Buyers simply attach their tabletop to a Rockless Table base and - voila! - no more adjusting and stuffing of coasters or napkins under the table legs. Each table base consists of two steel pieces and a bolt, self-adjusts to any surface type, comes with a four-year warranty, and requires no maintenance - a true "set and forget" technology. The table bases are available in bar and dining height and provide three styles to choose from: T-base, standard, and flip-top for those short on space.
Rockless Table President, Nick James was passionate in saying, "our goal for this campaign is to acknowledge the many challenges faced by every restaurant owner and provide them with the most efficient and simple solution to one of their most frustrating problems. Stumbling blocks will continually arise in the hospitality industry, but we're proud to make this contribution and allow them to focus their time and effort on matters more important than their annoying and uneven tables." Rockless is confident that the elimination of wobbly tables will bring restaurant owners one step closer to resolving their other 99 problems.
Attendees of the National Restaurant Association Show will easily identify the Rockless Table team who will be clad in their "99 Problems" campaign attire. Be sure to visit the Rockless Table booth #7959 to learn more and save 15% on product orders during the show.
Your restaurant might have 99 problems, but when you Go Rockless, a wobbly table won't be one!
Be sure to connect with us – it's worth it: @RocklessTable, visit our website, or click to see Rockless Table in action.
Media Contact:
Whitney Taylor
We Are Whitney
whitney@wearewhitney.com
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SOURCE Rockless Table | https://www.kxii.com/prnewswire/2022/05/20/rockless-table-debuts-their-99-problems-campaign-national-restaurant-association-show/ | 2022-05-20T17:34:19Z |
NEW YORK — Stocks are tumbling, and disappointment is smacking markets worldwide Tuesday, following Wall Street's sudden realization that inflation isn't slowing as much as hoped.
The S&P 500 was 3% lower in afternoon trading, threatening to snap a four-day winning streak. Bond prices also fell sharply, sending their yields higher, after a report showed inflation decelerated only to 8.3% in August, instead of the 8.1% economists expected.
The hotter-than-expected reading means traders are bracing for the Federal Reserve to ultimately raise interest rates even higher than expected to combat inflation, with all the risks for the economy that entails. Fears about higher rates sent prices dropping for everything from gold to cryptocurrencies to crude oil.
"Right now, it's not the journey that's a worry so much as the destination," said Brian Jacobsen, senior investment strategist at Allspring Global Investments. "If the Fed wants to hike and hold, the big question is at what level."
The Dow Jones Industrial Average lost 882 points, or 2.7%, to 31,499, as of 12:45 p.m. Eastern time, and the Nasdaq composite dropped 3.8%. Big tech stocks swooned more than the rest of the market, as all 11 sectors that make up the S&P 500 sank.
Most of Wall Street came into the day thinking the Fed would hike its key short-term rate by a hefty three-quarters of a percentage point at its meeting next week. But the hope was that inflation was in the midst of quickly falling back to more normal levels after peaking in June at 9.1%.
The thinking was that such a slowdown would let the Fed downshift the size of its rate hikes through the end of this year and then potentially hold steady through early 2023.
Tuesday's report dashed some of those hopes. Many of the data points within it were worse than economists expected, including some the Fed pays particular attention to, such as inflation outside of food and energy prices.
Markets honed in on a 0.6% rise in such prices during August from July, double what economists expected, said Gargi Chaudhuri, head of investment strategy at iShares.
The inflation figures were so much worse than expected that traders now see a one-in-five chance for a rate hike of a full percentage point by the Fed next week. That would be quadruple the usual move, and no one in the futures market was predicting such a hike a day earlier.
Traders now see a better than 60% likelihood the Fed will pull its federal funds rate all the way up to a range of 4.25% to 4.50% by March. A day earlier, they saw less than a 17% chance of such a high rate, according to CME Group.
The Fed has already raised its benchmark interest rate four times this year, with the last two increases by three-quarters of a percentage point. The federal funds rate is currently in a range of 2.25% to 2.50%.
"The Fed can't let inflation persist. You have to do whatever is necessary to stop prices from going up," said Russell Evans, managing principal at Avitas Wealth Management. "This indicates the Fed still has a lot of work to do to bring inflation down."
Higher rates hurt the economy by making it more expensive to buy a house, a car or anything else bought on credit. Mortgage rates have already hit their highest level since 2008, creating pain for the housing industry. The hope is that the Fed can pull off the tightrope walk of slowing the economy enough to snuff out high inflation, but not so much that it creates a painful recession.
Tuesday's data puts hopes for such a "soft landing" under more threat. In the meantime, higher rates also push down on prices for stocks, bonds and other investments.
Investments seen as the most expensive or the riskiest are the ones hardest hit by higher rates. Bitcoin tumbled 6.7%.
In the stock market, all but seven of the stocks in the S&P 500 fell. Technology and other high-growth companies fell more than the rest of the market because they're seen as most at risk from higher rates.
Apple, Microsoft and Amazon all fell more than 4% and were the heaviest weights on the market. The communication services sector, which includes Google's parent company and other internet and media companies, sank 4.3% for the largest loss out of the 11 sectors that make up the S&P 500 index.
To be sure, the losses only return the S&P 500 close to where it was before its recent winning streak. That run was built on hopes that Tuesday's inflation report would show a more comforting slowdown. The ensuing wipeout fits what's become a pattern on Wall Street this year: Stocks fall on worries about inflation, turn higher on hopes the Fed may ease up on rates and then fall again when data undercuts those hopes.
Tuesday's inflation report arrived before trading began on Wall Street, but it sent a thud through markets worldwide.
Treasury yields leaped immediately on expectations for a more aggressive Fed. The yield on the two-year Treasury, which tends to track expectations for Fed actions, soared to 3.75% from 3.57% late Monday. The 10-year yield, which helps dictate where mortgages and rates for other loans are heading, rose to 3.43% from 3.36%.
Stock markets in Europe, meanwhile, veered from gains to losses. The German DAX lost 1.6%, and the French CAC 40 fell 1.4%.
Expectations for a more aggressive Fed also helped the dollar add to its already strong gains for this year. The dollar has been surging against the euro, Japanese yen and other currencies in large part because the Fed has been hiking rates faster and by bigger margins than many other central banks.
An index measuring the value of the dollar against several major currencies rose 1.2%. | https://www.tdtnews.com/news/article_42441372-3386-11ed-af55-33771f3ad932.html | 2022-09-13T18:30:13Z |
ATHENS, Greece (AP) — Greece’s prime minister on Thursday promised new state support to shield households from rising electricity costs, saying the country was forced to act alone after its European Union partners failed to adopt a joint response to the problem.
Prime Minister Kyriakos Mitsotakis said Greece would partially fund the program through a 90% tax on gains electricity producers have accumulated from the increase in power prices, which he attributed to gas price hikes as a result of the war in Ukraine.
He did not provide a cost estimate for the support measures.
“On this issue, Europe is showing itself — until now at least — to not live up to the circumstances,” Mitsotakis said in a televised address to the nation, adding that Greece would press for joint action by its 26 EU partners.
“But I am not going to wait until the slow-moving European ship changes course,” he said.
Mitsotakis said household consumers would be retroactively reimbursed for 60% of additional costs in their bills for the first five months of this year, up to a maximum 600 euros ($630). The measure will apply for people earning a maximum 45,000 euros a year.
Additionally, he said existing measures to help people with low incomes pay their electricity bills would be expanded over the next two months to cover all households.
According to Greece’s statistical authority, inflation in March reached a 28-year high of 8.9% on the year, which included a 30% rise in costs for rent, electricity, heating and gas. | https://cw33.com/business/ap-business/greece-pledges-new-state-aid-to-counter-rising-power-bills/ | 2022-05-05T22:48:17Z |
California’s $6 gas could spread nationwide, JPMorgan warns
By Matt Egan and Chris Isidore, CNN Business
The average price for gasoline in California hit $6 a gallon Tuesday for the first time — and analysts at JPMorgan are warning that price could be the national average before the end of the summer.
The startling forecast comes as US gas prices have surged to record highs in the aftermath of Russia’s invasion of Ukraine, casting a shadow over the economy.
“There is a real risk the price could reach $6+ a gallon by August,” Natasha Kaneva, head of global oil and commodities research at JPMorgan, told CNN in an email on Tuesday.
With US gasoline inventories sitting at their lowest seasonal levels since 2019, JPMorgan is concerned it will be difficult to satisfy intense demand during this summer’s driving season.
“With expectations of strong driving demand…US retail price could surge another 37% by August,” JPMorgan wrote in its report, fittingly titled “Cruel Summer.”
The national average for regular gas rose another two pennies on Tuesday to a record high of $4.52 of gallon, according to AAA. That leaves pump prices up by 15 cents in the past week and 44 cents in a month.
Really cheap gas is becoming much tougher to find. Georgia, Kansas and Oklahoma, the last three states with an average price below $4 a gallon on Monday, all crossed that threshold in Tuesday’s reading.
The average price for regular gas in California surpassed $6 a gallon in Tuesday’s AAA reading. The state’s average of $6.02 a gallon is up sharply from $4.13 a year ago, and $5.84 only a week ago. Many larger cities are paying more: the average stands at $6.07 in Los Angeles County, and $6.27 a gallon in San Francisco.
Even in California, 52% of stations sell gas for less than $6 a gallon, and nearly one station in four is $5.75 a gallon or less. Stations that charge much higher prices inflate the average.
High-priced stations that are charging way more than general market prices are not limited to California. Gas is being sold for more than $5 a gallon in 29 states, according to OPIS, the service that collects gas price data for AAA. Six of them — Alaska, Hawaii, Nevada, Oregon, Washington and California — have a state average above that mark. So drivers nationwide could see some stations at or near $6, even if the national average never gets that high. Those station owners are satisfied with selling fewer gallons as long as they can fetch a higher price.
‘Hard to get to $6’
It’s important to note that this is just one forecast.
Others in the industry are skeptical that prices would get that high for the simple reason that some Americans would likely balk at $6 gas and just drive less.
“It’s hard to get to $6,” Andy Lipow, president of Lipow Oil Associates, told CNN. “Before we get there, we would have significant demand destruction, not only here, but around the world.”
Patrick De Haan, head of petroleum analysis at GasBuddy, echoed that sentiment, saying: “I personally think we’d see a recession before we’d see a national average of $6.”
De Haan said doesn’t agree with JPMorgan — at least, not yet. However, given the widening imbalance between supply and demand, he conceded, “I don’t think much is impossible in this market.”
JPMorgan acknowledged that one caveat to its forecast is that “demand may continue to come in below our expectations.” So far this year, gasoline demand has been lower than JPMorgan’s original expectations by an average of about 500,000 barrels per day.
But it’s hard to know precisely how consumers would react, given that Covid-weary families are eager to get out this summer — and they’re facing a choice between high gas prices and very high airfares.
Federal government forecasters expect gas prices to dip below $4 a gallon during the second half of the year. The US Energy Information Administration projected last week the national average will drop to $4.81 a gallon during the third quarter and $3.59 a gallon during the final quarter of the year.
East Coast inventories at decade low
The problem is that refineries are having trouble churning out all the gasoline needed right now. There is less US and Canadian refining capacity today than there was before the pandemic, as some refineries closed permanently, and others are being converted to refine renewable fuels rather than crude oil.
JPMorgan notes that East Coast gasoline inventories are at their lowest level since 2011. The central driver behind the drawdown of inventories is higher-than-normal exports of gasoline, analysts at the bank said.
As high as prices are in the United States, they’re much higher in Europe, which is dealing with the loss of supply from Russia. That’s a major factor driving up exports from US and Canadian refineries that would normally supply Eastern US gas stations.
“If exports persist at this elevated pace and refinery runs — already near the top range for reasonable utilization rates — fall within our expectations, gasoline inventories could continue to draw to levels below 2008 lows and retail gasoline prices could climb to $6/gallon or even higher,” the JPMorgan analysts wrote.
Based on those assumptions, total US gasoline inventories could fall below 160 million barrels by the end of August, the lowest level since the 1950s.
Such a decline in inventories suggests a 37% jump in prices, translating to a national average of $6.20 a gallon, the bank said. And at those levels, gas prices would blow past their inflation-adjusted peak of $5.38, set in June 2008, according to the EIA. The price hit $4.11 at that time, not adjusted for inflation.
JPMorgan said that unless refineries “immediately” cut exports and shift production towards gasoline, “US consumers should not expect much in the way of relief in prices at the pump until the end of the year.”
One thing that could limit gas prices, or even send them lower, would be if the US economy slows or falls into recession. Strong job growth is one factor driving gas prices higher as more people are driving to work and have money to spend on gas. If the jobs trend reverses, that would keep gas from going higher, but at a terrible cost.
The one wild card that could raise gasoline prices is if major hurricanes hit the US refineries and oil platforms along the Gulf Coast. The official government outlook for the upcoming hurricane season is due out next week.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/05/17/californias-6-gas-could-spread-nationwide-jpmorgan-warns/ | 2022-05-18T01:41:19Z |
Level 1 Children's Surgical Verification recognizes CHOC's commitment to optimal surgical care
ORANGE, Calif., Aug. 17, 2022 /PRNewswire/ -- CHOC Hospital has been granted Level 1 Children's Surgical Verification by the American College of Surgeons (ACS). This notable achievement acknowledges CHOC's steadfast commitment to quality improvement and patient safety efforts for children requiring surgical services. CHOC is the first hospital to earn this distinction in Southern California and one of only four in the state.
To become verified, centers must meet rigorous criteria for staffing, training and facility infrastructure. They must also demonstrate excellent protocols for care to ensure the best possible outcomes for patients undergoing surgery, as well as participate in a national data registry that yields semiannual reports on the quality of its processes and outcomes. The application process for verification is followed by an extensive site visit by an ACS team of surveyors that include experienced pediatric surgeons, anesthesiologists, and nurses.
ACS established the Children's Surgery Verification Quality Improvement Program to improve the quality of children's surgical care by creating a system that allows for a prospective match of every child's individual surgical needs with a care environment that has optimal pediatric resources. The program is based on other nationally recognized ACS quality improvement programs that have measurably improved surgical quality.
"When a child needs a surgery, that child's needs are very different than those of an adult patient needing the same or similar procedure," said CHOC Senior Vice President, Medical Affairs and Chief Medical Officer Dr. Sandip Godambe. "Our nationally recognized surgeons perform the latest procedures, using equipment that is customized to pediatric patients all the way from newborns to young adults—in operating and procedure rooms designed for safety, precision and efficiency."
The Tidwell Procedure Center at CHOC features seven operating rooms and advanced technology and information systems including the daVinci Si robotic surgical system with Firefly fluorescence imaging; full operating room data, imaging and video integration and video conferencing; the ROSA robotic device for neurological procedures; StealthStation surgical navigation and O-arm imaging technology; and a patient tracking system that allows families to track a patient's progress throughout the surgical procedure. Using the technology integration system iSuite by Stryker, CHOC was the first children's hospital in the region to have a fully integrated operating room.
The center also features three state-of-the-art endoscopy procedure rooms, two surgical procedure rooms and a Gastrointestinal Motility Lab. The center provides procedural care for patients of multiple specialties such as gastroenterology, pulmonology, oncology, dentistry and other surgical specialties. An 18-bed pre-operative unit includes all private rooms, and an 18-bed post-anesthesia care unit is configured to meet the unique needs of a wide variety of patients. Two isolation rooms are available for patients with contagious conditions, and other glass-enclosed rooms are for critical care patients who require specialized technology and ventilators.
Also featured is a cardiac catheterization lab—a biplane lab with hybrid capabilities—where invasive and neuroradiology procedures are offered as well. The center also includes a dedicated electrophysiology suite for patients with abnormal heart rhythms, offering both radiofrequency ablation and cryoablation, as well as 3D mapping.
CHOC Hospital is part of a pediatric healthcare system based in Orange County, California that is committed to being a leading destination for children's health by providing exceptional and innovative care. The growing healthcare system includes two state-of-the-art hospitals in Orange and Mission Viejo and a regional network of primary and specialty care clinics serving children and families in four counties. CHOC offers several clinical programs of excellence providing the highest levels of care for the most serious pediatric illnesses and injuries, physical and mental. CHOC's research and innovation institutes are focused on translating real patient needs into real-world treatments so every child can live the healthiest and happiest life possible.
MEDIA CONTACT: pr@choc.org
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SOURCE CHOC | https://www.wibw.com/prnewswire/2022/08/17/choc-hospital-is-first-southern-california-earn-national-verification-american-college-surgeons/ | 2022-08-17T19:46:46Z |
ZUG, Switzerland, Aug. 18, 2022 /PRNewswire/ -- Arf, the global settlement banking platform for licensed money service businesses, announces that it has been granted the approval of the Financial Services Standard Association (VQF) through Arf's entity in Zug, Switzerland.
Arf's VQF membership assures its compliance with the Swiss Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) acts, providing global regulatory acknowledgment of its reliability and underlining its position as the empowering partner of licensed money service businesses (MSBs) worldwide.
VQF is one of the world's oldest and most selective cross-industry Self-Regulatory Organizations (SRO) and is officially authorized by the Federal Financial Market Supervisory Authority (FINMA). It is recognized as Switzerland's financial services watchdog, supervising its members with regard to AML and CTF regulations.
CEO Ali Erhat Nalbant said: "We are thrilled to have received the VQF license approving our strong place in the global finance ecosystem. As we are scaling our business globally, the support of Swiss regulators enables us to provide our Web3 cross-border treasury management and working capital credit lines to a wider range of MSBs in need. This way, we'll be elevating the ecosystem together more effectively."
Rajpal Khangura, Chief Compliance Officer, commented: "As one of the world's oldest and most selective cross-industry SROs, VQF's approval affirms our commitment to using blockchain technology and digital assets in full compliance with regulatory requirements all over the world. We are honored to become a member."
With the regulatory stamp of approval from Switzerland, Arf will continue expanding its products and solutions in line with its position as the trusted partner of licensed MSBs and financial institutions.
Arf recently launched Arf Credit Line to provide MSBs instant access to transactional working capital credit lines, allowing any corridor to be post-funded in real-time. By leveraging stablecoins and allowing instant settlements across multiple channels, including bank accounts, e-wallets, and cash pickup points, the company enables MSBs to build API-based cross-border financial operations and treasury management. Arf was also listed in Sifted's "13 European Web3 Startups to Watch" list this year, which drew from the insights of investors across Europe.
About Arf
Arf is a global settlement banking platform, providing real-time fiat-to-fiat cross-border settlements, stablecoin-based credit lines, and global treasury management for financial institutions and licensed money service businesses (MSBs).
Photo - https://mma.prnewswire.com/media/1880873/Arf.jpg
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SOURCE Arf | https://www.mysuncoast.com/prnewswire/2022/08/18/arf-receives-swiss-regulatory-approval/ | 2022-08-18T12:35:01Z |
www.adaptfa.com
https://www.linkedin.com/in/alan-niemann-clu-chfc-aep-26b816a5/
https://www.linkedin.com/in/avery-niemann-6a3a59141/
https://www.linkedin.com/in/ashton-niemann-993a891a1/
OKLAHOMA CITY, Aug. 4, 2022 /PRNewswire/ -- Adaptation Financial Advisors welcomes CEO and Founder, Alan Niemann's, youngest daughter onto the team as an Insurance Professional.
Alan Niemann, CEO and Founder of Adaptation Financial Advisors (AFA) has been helping clients build their legacies for 38 years with one goal in mind – taking care of his clients, employees, and their families. Especially over the last 5 years, Niemann has been working towards ensuring his clients and employees will continue to be taken care of after his departure. Most advisors have this same concern on whether it is better to find a successor from within the firm or sell to a third party. Niemann has decided a third option is the best course of action to truly ensure his clients and employees are taken care of – AFA becoming a legacy firm.
At this year's family retreat, it was visible to see the next generation emerging with over 40 children in attendance, ranging in age from newborn to early twenties. Adaptation's goal is to provide each of these children an opportunity to join AFA in the future. To facilitate this, AFA helps our advisors put a buy-sell agreement in place. The buy-sell agreement gives family members the right to pass the relationships that the current advisor has built with their clients onto the next generation. If a family member is not ready, AFA will purchase the practice until they are ready, so that the advisor will not have to worry about how their legacy will be passed down. This is our overarching goal - for the AFA grandchildren to be serving our clients' grandchildren in the future.
Kicking off the legacy program is the founders' 2 daughters, Avery and Ashton Niemann.
AVERY NIEMANN:
March 2021, | Avery Niemann began with Adaptation Financial to act as a liaison for the family and the firm after Alan was in a motorcycle accident and unable to be in office for a period of time. Avery is currently based in Denver, Colorado and has worked her way to becoming Adaptation Financial's Chief Administrative Officer.
"I found my way into the family business out of necessity and during a crisis," says Avery. "I would not wish for a repeat of last year, but I am endlessly grateful for the in depth look into the family business and what my dad has built over the last 38 years. I am so excited to be a part of a legacy business where I can contribute my own strengths and ideas while working with such a talented team to ensure that the next generation after me can one day have same of privilege of working at Adaptation."
ASHTON NIEMANN
August 2022, | Ashton Niemann is welcomed into the firm as an Insurance Professional on track to become a Financial Advisor. Ashton is a recent graduate from TCU where she received a bachelor's degree in Finance and was actively involved on campus through holding leadership positions in her sorority, Alpha Delta Pi. Beyond her academic involvement activities, Ashton worked for the Outdoor Program as a Trip Leader.
"While the name of the business has changed, I have very early memories of Adaptation," says Ashton. "I grew up meeting many of my dad's clients, quite a few who are now like family to me. My dad also taught my sister and me the importance of money management and life insurance from an early age. I'm now looking forward to pursuing a career as a future financial advisor in a business that has been a part of my whole life and will be around for many years to come."
ABOUT ADAPTATION FINANCIAL:
Adaptation Financial, Inc is a Hybrid Independent Registered Investment Advisory firm with over $750MM of client assets under management. The firm currently has 6 office locations across 3 states and caters to individual investors through a variety of financial services – tax and estate planning, property and casualty, stock options with a phantom stock plan, etc. Securities are offered through Registered Representatives of Cambridge Investment Research Inc., a broker-dealer, member FINRA/SIPC. Advisory services are through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Financial planning services are through Adaptation Financial Advisors, Inc., a Registered Investment Advisor. Cambridge and Adaptation Financial Advisors are not affiliated.
Visit www.adaptfa.com or call 800-522-8727 to connect with an advisor in your area.
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SOURCE Adaptation Financial Advisors | https://www.wibw.com/prnewswire/2022/08/04/adaptation-financial-advisors-inc-legacy-firm/ | 2022-08-04T07:08:23Z |
The Rebrand Symbolizes a Clear, Ambitious, and Entrepreneurial Path Forward for the Industry Leader
CHICAGO, July 6, 2022 /PRNewswire/ -- uniball has a 135-year history of being a global leader in the design, development, and delivery of writing and art product solutions. Today, celebrating renewed omnichannel growth and a continued commitment to expanding the product portfolio, uniball announced its brand introduction and transition to uni.
"uni is more than a name change. It's a fresh commitment to our future that will widely expand our portfolio of product solutions in the writing, art, and creativity market segments. It's a re-invigorated vision, steeped within our rich 135-year legacy of quality, craftsmanship and commitment to our customers," says uni President Mike Parker. "If we know anything after over a century of business success, it is that where creativity and connection exist, vitality and growth are sure to follow."
uni has been operating as an entrepreneurial and ambitious startup since exiting a distribution relationship with Newell Brands in 2019. Three years into the company's new chapter, the future looks bright.
In a rapidly digitized world, a company with a 135-year-old history that has a singular vision is not just surviving, it is thriving. uni projects the North American business to exceed $120 million by 2025, essentially doubling in less than five years. While the threat of digitization has been well-documented for decades, digital penetration on tablets has plateaued, with a number of sub-categories in the writing and art/craft segments maintaining high levels of consumer relevancy and sustained growth.
uni is driven by consumer and category insights which have demonstrated a clear path to move into new market segments. With a robust R&D group focused on new designs and new ink solutions, proprietary product innovations that include self-sharpening pencils and archival ink formulations ensure the company and its myriad of product lines continue to meet the needs of today's creators.
Today, uni introduces Start Your Story, an inspiring campaign that communicates the brand transition and drives awareness of what's possible with uni's broad portfolio of product solutions.
Created in partnership with Media.Monks, Start Your Story is a video and social-heavy campaign featuring individuals who boldly pursued their passions by starting their stories. In a category often lacking differentiation, the campaign highlights the unique personal stories that celebrate our creative journeys.
"If the last three years have taught us anything, it is that more people are re-assessing how they spend their time - from their careers to their passions. The vision for this campaign is to celebrate and empower people to take control of their personal journey by inspiring creativity and connection," says Parker.
For more than 135 years, uniball has been the leader in the design, development, and delivery of writing and art product solutions. Headquartered in Illinois, uni continues to deliver best-in-class products that are a catalyst for creativity and connection. uni's robust and innovative product portfolio includes uniball, POSCA, and EMOTT. For more information about uni and our family of brands, visit uniballco.com
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SOURCE uni | https://www.kxii.com/prnewswire/2022/07/06/introducing-uni-uniball-rebrands-product-portfolio-market-share-expands/ | 2022-07-06T11:59:26Z |
In the report, project44 was named a Leader for its ability to execute and completeness of vision
CHICAGO, May 31, 2022 /PRNewswire/ -- Today, project44 announced that Gartner named the company a Leader in its Magic Quadrant for Real-Time Transportation Visibility Platforms (RTTVP) for the second year in a row. Gartner evaluated 11 vendors this year, and project44 was positioned highest for its "ability to execute" and as a leader for "completeness of vision."
"project44 is now tracking over 4 million shipments a day in 170+ countries and serving 1,200+ customers," said Founder & CEO, Jett McCandless. "The project44 team is working tirelessly to provide the ideal visibility platform for our customers and the people they serve. We're delivering on our promises, and we only expect to continue to enhance our platform and deliver more value to our customers in the next year. We are very appreciative of the recognition from Gartner and the support of our customers, as to us, it validates the work we do every day."
project44 is the highest-rated vendor in both market presence and customer satisfaction in the G2 Spring 2022 Grid Report and Momentum Grid for Supply Chain Visibility Software.
project44 also has the most overall reviews of any RTTVP vendor on Gartner® Peer Insights™, 78% of which are 5-star reviews. Ninety-four percent of customers are also willing to recommend project44, as of May 27, 2022.
project44 is part of the Gartner Peer Insights Customer First program, which is designed to build trust and credibility by signaling that a technology provider solicits reviews from all customers and recognizes the benefits of honest, unbiased feedback. Here's what project44 customers had to say:
- "p44 is a revolutionary platform that has the critical mass of data to tip the scales in their favor to be the obvious solution." -EVP/CSCO, Retailer
- "project44 is hands down the preferred visibility platform in the industry. From contract discussions through implementation to full blown operational use, project44 has provided a superior experience when compared to their competitors that we have worked with." -Senior Product Manager, Logistics Services Provider
- "Our integration with the Convey product was the single most impactful Enterprise solution that we rolled out in the 2021 calendar year. The team, product, and initial integration process was top-class from start to finish and I would go out of my way to make sure that Convey is the product of choice in any future decision-making process I am involved in for other companies / teams / business units." -Director of Digital Product, Food & Beverage Manufacturer
- "project44 has helped our purchasers get complete visibility of their ocean containers. We love the GUI. It's super straightforward to use, customizable, and intuitive." -Health and Care Policy Manager
project44's has experienced a year of significant growth, having acquired Ocean Insights, ClearMetal, Convey, MindLogic and Synfioo. These additional capabilities and tools have expanded the depth and breadth of project44's offerings.
project44 has raised two additional rounds of capital in the last 12 months to surpass $860 million in total funding, providing the additional resources to continue executing on the company's vision to make supply chains work.
Get the Report
A Gartner Magic Quadrant report is a culmination of rigorous, fact-based research, providing a wide-angle view of the relative positions of the drivers in a specific market where growth is high and provider differentiation is distinct. Providers are positioned in four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables businesses to get the most from market analysis that aligns with their unique business and technology needs.
Download a complimentary copy of the Gartner Magic Quadrant report here.
Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
GARTNER and Magic Quadrant are registered trademarks and service marks, and Peer Insights is a trademark and service mark, of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.
The Gartner Peer Insights Customer First program constitutes an organization's commitment to solicit reviews from its customers using programmatic sourcing strategies and best practices. They neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates
About project44
project44 is on a mission to make supply chains work. As the supply chain connective tissue, project44 operates the world's most trusted end-to-end visibility platform that tracks more than 1 billion shipments annually for over 1,200 of the leading brands, including top companies in manufacturing, automotive, retail, life sciences, food & beverage, and oil, chemical & gas. Using project44, shippers and carriers across the globe drive greater predictability, resiliency and sustainability.
The undisputed leader in the market, project44 was named #1 in FreightWaves FreightTech 2022, the leader in the G2 Spring 2022 Grid Report and Momentum Grid for Supply Chain Visibility Software. project44 is headquartered in Chicago with a diverse team spanning 17 global offices. To learn more, visit www.project44.com.
Media Contact:
project44@nextpr.com
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SOURCE project44 | https://www.kxii.com/prnewswire/2022/05/31/project44-named-leader-2022-gartner-magic-quadrant-real-time-transportation-visibility-platforms-second-consecutive-year/ | 2022-05-31T17:16:57Z |
Alcaraz and Sinner to meet in Croatia Open final
UMAG, Croatia (AP) — Top-seeded Carlos Alcaraz has overcome a second set scare to defeat qualifier Giulio Zeppieri 7-5, 4-6, 6-3 and advance to his seventh career ATP final at the Croatia Open. The 19-year-old Spaniard is in his tour-leading sixth final of the year. He won his maiden ATP title in Umag last year. Alcaraz had to overcome his first dropped set in the tournament and a roll of his ankle in the semifinal. He will play second-seeded Jannik Sinner who eased past fellow Italian Franco Agamenone 6-1, 6-3. | https://localnews8.com/sports/ap-national-sports/2022/07/30/alcaraz-and-sinner-to-meet-in-croatia-open-final/ | 2022-07-31T03:02:02Z |
WASHINGTON, June 22, 2022 /PRNewswire/ -- Today, Humanity Forward is celebrating the passage of a bipartisan blockchain resolution in the US Conference of Mayors (USCM), the largest national organization representing mayors of America's largest cities. Working with several cosponsors, Humanity Forward helped introduce and pass the resolution recognizing the potential of blockchain technology to create unique opportunities for communities across America to grow their economies and create jobs.
As blockchain technology expands and grows, Humanity Forward and the bipartisan group of mayors are calling for "direct and coherent guidelines for the testing, adoption, and use of technologies" that protects consumers and fosters the growing innovation and vast potential of the emerging technology.
"There has never been a more opportune time to embrace technologies that enhance government services and stimulate local economies," said Mayor Hillary Schieve of Reno, Nevada, the first Vice President of the USCM, and a cosponsor of the resolution. "This resolution seeks to lay the groundwork for measures that bring blockchain technology to our cities in a safe, accessible way."
The resolution notes that Blockchain technology has the potential to "provide tools for cities to innovate, to streamline operations, functions, and to better deliver public services and increased access to opportunity for businesses and families." However it also notes that it is "increasingly clear that there needs to be direct and coherent guidelines for the testing, adoption, and use of technologies built on blockchains in a safe, transparent manner that protects consumers and businesses."
"We are only beginning to see the potential for blockchain technologies," said Mayor Steve Williams of Huntington, West Virginia. "Cities across the nation can experience benefits as far ranging as expanded internet access and improved supply chains."
Additional co-sponsors include Mayors Cavalier Johnson of Milwaukee, Wisconsin, Regina Romero of Tucson, Arizona, John Giles of Mesa, Arizona, and Sam Liccardo of San Jose, California, the nation's tenth largest city.
"This news is a welcome step forward for communities, towns, and cities across the country," said Paolo Mastrangelo, Humanity Forward's Head of Policy & Government Affairs. "We would like to thank the US Conference of Mayors for prioritizing this emerging opportunity for American families, businesses, and public services."
Humanity Forward is a 501(c)(4) nonprofit organization dedicated to building bipartisan coalitions to advance the economic interests of the American people through federal policy. Uniquely positioned as America's fastest growing, altruistic advocacy organization, our mission is to advance evidence-based policies designed to strengthen families, generate economic growth, and end poverty.
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SOURCE Humanity Forward | https://www.mysuncoast.com/prnewswire/2022/06/22/humanity-forward-celebrates-blockchain-resolution-passed-us-conference-mayors/ | 2022-06-22T18:31:42Z |
LOS ANGELES, July 15, 2022 /PRNewswire/ -- Back with no holds-barred yet, Tom MacDonald unveils a new single and music video entitled "Names" today. Watch the music video for "Names"—HERE.
On the track, synths puncture a sparse bass-loaded beat as Tom rips bars laced with pure honesty. It culminates with what might be the truest statement of all, "You can call me what you want, because at the end of the day, they're just names." Once more, his partner and creative cohort Nova Rockafeller helmed the inflammatory video. This clip finds Tom crucified on a billboard emblazoned with insults as he does the one thing no one else will do—speaks without fear…
He commented, "'Names' is a statement piece. It's about all of the names that we call each other every day. The names you see plastered all over the internet and on social media. The names you hear on the news and see on the protest signs. The devastating names that people carelessly label each other with all the time. Stupid, racist, ugly, transphobic, loser, sexist, idiot...we've given these words so much power - so much power that a negative label can change a person's life and affect them forever - often undeservingly. This song is about remembering these words for exactly what they are...they aren't YOU...they're noises that angry humans make. They're just names."
Despite being royally screwed by the mainstream "counting" apparatus, Tom still captured #1 on the Billboard Top Album Sales Chart with The Brave—his collaborative album with Adam Calhoun. Their tally recognized 16,000 units, but it was actually 48,000 (that's a conversation reserved for a YouTube video and another YouTube video though). Not to mention, Billboard and Rolling Stone have given him ink.
By the numbers, he has officially surpassed 893 million YouTube views with just under 3 million subscribers. In 2021 alone, he moved over 200,000 physical albums, generated 100 million YouTube views, and racked up 200,000,000 million Spotify streams. "Fake Woke" captured multiple Billboard #1 spots and brought him mainstream on Fox News. Not to mention, Us Against The World exceeded physical sales of 70,000 copies.
FACEBOOK: http://www.facebook.com/TomMacDonaldOfficial
YOUTUBE: http://www.youtube.com/TomMacDonaldOfficial
INSTAGRAM: http://www.instagram.com/hangovergang
TWITTER: http://www.twitter.com/IAmTomMacDonald
WEBSITE: http://www.hangovergang.com
For more information on Tom MacDonald, contact: richie@juggernautsound.com
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SOURCE Tom MacDonald | https://www.mysuncoast.com/prnewswire/2022/07/15/tom-macdonald-doesnt-care-if-you-call-him-names-new-single-amp-music-video/ | 2022-07-15T16:29:59Z |
Second Quarter 2022 Net Investment Income of $0.75 Per Share
Second Quarter 2022 Distributable Net Investment Income(1) of $0.80 Per Share
Second Quarter 2022 Adjusted Distributable Net Investment Income(2) of $0.78 Per Share
Net Asset Value of $25.37 Per Share
HOUSTON, Aug. 4, 2022 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce its financial results for the second quarter of 2022.
Second Quarter 2022 Highlights
- Net investment income of $54.7 million (or $0.75 per share)
- Distributable net investment income(1) of $58.3 million (or $0.80 per share)
- Adjusted distributable net investment income(2) of $57.1 million (or $0.78 per share)
- Total investment income of $85.2 million
- An industry leading position in cost efficiency, with a ratio of total non-interest operating expenses as a percentage of average total assets ("Operating Expenses to Assets Ratio") of 1.4% on an annualized basis for the quarter and 1.5% for the trailing twelve month ("TTM") period ended June 30, 2022
- Net asset value of $25.37 per share at June 30, 2022
- Declared regular monthly dividends totaling $0.645 per share for the third quarter of 2022, or $0.215 per share for each of July, August and September 2022, representing a 4.9% increase from the regular monthly dividends paid for the third quarter of 2021
- Declared and paid a supplemental dividend of $0.075 per share, resulting in total dividends paid in the second quarter of 2022 of $0.72 per share
- Completed $32.1 million in total lower middle market ("LMM") portfolio investments, which after aggregate repayments of debt principal and return of invested equity capital from several LMM portfolio investments resulted in a net decrease of $4.9 million in total LMM portfolio investments
- Completed $182.1 million in total private loan portfolio investments, which after aggregate repayments of debt principal and return of invested equity capital from several private loan portfolio investments resulted in a net increase of $72.3 million in total private loan portfolio investments
"We are pleased with Main Street's strong second quarter results, which include a new quarterly record for net investment income per share and match our prior quarterly record for adjusted distributable net investment income per share," stated Dwayne L. Hyzak, Main Street's Chief Executive Officer. "These positive results included contributions from each of our core strategies, and as a result of our strong performance, adjusted distributable net investment income per share exceeded our regular monthly dividends by over 21%. This strong performance resulted in our recommendation that our board of directors approve both an increase to our regular monthly dividends to $0.22 per share, or $0.66 per share for the fourth quarter, representing our second such monthly dividend increase in 2022, and a supplemental dividend of $0.10 per share, representing our fourth consecutive quarterly supplemental dividend. While our net asset value per share declined in the quarter primarily as a result of the impact of increases in market interest rate spreads on our private loan and middle market debt investments, we are very pleased with the continued strong performance of our lower middle market portfolio companies which resulted in another quarter of significant fair value appreciation in this portfolio and partially offset the overall decline in valuations of our debt investments."
"We are also very pleased with the recent investment grade rating assigned to us by Fitch and the support of our existing lender group that allowed us to complete the expansion and extension of our credit facility, two developments which we view as significant positives to our current and future capital structure. We remain very confident that our highly unique lower middle market strategy, combined with the strength of our private loan platform and our asset management business will allow us to continue to deliver superior results for our shareholders."
Second Quarter 2022 Operating Results
The following table provides a summary of our operating results for the second quarter of 2022:
The $17.9 million increase in total investment income in the second quarter of 2022 from the comparable period of the prior year was principally attributable to (i) an $18.0 million increase in interest income, primarily due to higher average levels of investment portfolio debt investments and (ii) a $0.6 million increase in fee income, primarily attributable to the increased investment activity. These increases were partially offset by a $0.7 million decrease in dividend income from investment portfolio equity investments. The $17.9 million increase in total investment income in the second quarter of 2022 includes the impact of a decrease in certain income considered less consistent or non-recurring of $1.5 million, resulting from a $3.7 million decrease from such dividend income, partially offset by a $2.3 million increase in income from accelerated prepayment, repricing and other activity related to certain investment portfolio debt investments, in both cases when compared to the same period in 2021.
Total cash expenses(2) increased to $28.1 million in the second quarter of 2022 from $21.7 million for the same period in 2021. This increase in total cash expenses was principally attributable to (i) a $3.6 million increase in cash compensation expense(2), (ii) a $2.9 million increase in interest expense and (iii) a $0.8 million increase in general and administrative expense, partially offset by a $0.9 million increase in expenses allocated to the External Investment Manager (as defined below). The increase in cash compensation expense(2) is primarily related to increased headcount, base compensation rates and incentive compensation accruals. The increase in interest expense is primarily related to increased borrowings from our unsecured notes offering in October 2021 and under our Credit Facility (as defined below) to fund our investment activity.
Non-cash compensation expense(2) decreased $0.9 million in the second quarter of 2022 from the comparable period of the prior year, principally attributable to a $1.7 million decrease in deferred compensation expense, resulting from a comparable period decrease in the change in the fair value of deferred compensation plan assets and corresponding liabilities, partially offset by a $0.8 million increase in share-based compensation, resulting from an increase in incentive based grants.
Taking into consideration both total cash expenses(2) and non-cash compensation expense(2), our Operating Expenses to Assets Ratio was 1.4% for the second quarter of 2022, on an annualized basis, consistent with the ratio for the same period in 2021.
The $12.3 million increase in net investment income, the $13.2 million increase in distributable net investment income(1) and the $11.5 million increase in adjusted distributable net investment income(2) in the second quarter of 2022 from the comparable period of the prior year were principally attributable to the increase in total investment income, partially offset by higher expenses, each as discussed above.
Net investment income, distributable net investment income(1) and adjusted distributable net investment income(2) on a per share basis for the second quarter of 2022 increased by $0.13 per share, $0.14 per share and $0.11 per share, respectively, compared to the second quarter of 2021, to $0.75 per share, $0.80 per share and $0.78 per share, respectively. These increases include the impact of an increase in the average shares outstanding compared to the second quarter of 2021 primarily due to shares issued pursuant to (i) our at-the-market ("ATM") program, (ii) our equity incentive plans and (iii) our dividend reinvestment plan. Net investment income and distributable net investment income on a per share basis(1) in the second quarter of 2022 each include a $0.02 per share decrease in investment income considered less consistent or non-recurring, offset by a $0.02 per share decrease in compensation expense resulting from reductions in deferred compensation expense(2), in each case compared to the second quarter of 2021 and as discussed above. Adjusted distributable net investment income(2) on a per share basis in the second quarter of 2022 includes a $0.02 per share decrease in investment income considered less consistent or non-recurring compared to the second quarter of 2021.
The $14.7 million net increase in net assets resulting from operations in the second quarter of 2022 represents a $80.4 million decrease from the second quarter of 2021. This decrease was primarily the result of (i) a $69.0 million decrease in net unrealized appreciation (depreciation) from portfolio investments (including the impact of accounting reversals relating to realized gains/income (losses)), (ii) a $23.1 million decrease in net realized gain (loss) from investments resulting from a net realized gain of $18.0 million in the second quarter of 2021 compared to a net realized loss of $5.1 million in the second quarter of 2022 and (iii) a $0.6 million increase in income tax provision, partially offset by a $12.3 million increase in net investment income as discussed above. The $5.1 million net realized loss from investments for the second quarter of 2022 was primarily the result of a $6.1 million realized loss from the full exit of a middle market investment, partially offset by $1.0 million of realized gain distributions from an other portfolio investment.
The following table provides a summary of the total net unrealized depreciation of $24.6 million for the second quarter of 2022:
Liquidity and Capital Resources
As of June 30, 2022, we had aggregate liquidity of $518.4 million, including (i) $43.4 million in cash and cash equivalents and (ii) $475.0 million of unused capacity under our revolving credit facility ("Credit Facility"), which we maintain to support our investment and operating activities.
Subsequent to June 30, 2022, we achieved several improvements to our liquidity position and capital structure. These improvements include the receipt in July 2022 of an investment grade credit and corporate rating of BBB- with a stable outlook from Fitch Ratings, which is in addition to the rating of BBB- with a stable outlook that we maintain from S&P Global Ratings. We also completed the amendment of our Credit Facility in August 2022 to expand the total commitments to $920.0 million, with the accordion feature expanded to $1.4 billion and extend the maturity date to August 2027.
Several details regarding our capital structure as of June 30, 2022 are as follows:
- Our Credit Facility included $855.0 million in total commitments from a diversified group of 18 participating lenders, plus an accordion feature that allows us to increase the total commitments under the facility to up to $1.2 billion.
- $380.0 million in outstanding borrowings under our Credit Facility, with an interest rate of 3.6% based on LIBOR effective for the contractual reset date of July 1, 2022.
- $350.0 million of outstanding Small Business Investment Company ("SBIC") debentures through our wholly owned SBIC subsidiaries. These debentures, which are guaranteed by the U.S. Small Business Administration, had a weighted-average annual fixed interest rate of approximately 2.9% and mature ten years from original issuance. The first maturity related to our existing SBIC debentures occurs in the first quarter of 2023, and the weighted-average remaining duration was approximately 5.6 years.
- $500.0 million of notes outstanding that bear interest at a rate of 3.00% per year (the "3.00% Notes"). The 3.00% Notes mature on July 14, 2026 and may be redeemed in whole or in part at any time at our option subject to certain make-whole provisions.
- $450.0 million of notes outstanding that bear interest at a rate of 5.20% per year (the "5.20% Notes"). The 5.20% Notes mature on May 1, 2024 and may be redeemed in whole or in part at any time at our option subject to certain make-whole provisions.
- $185.0 million of notes outstanding that bear interest at a rate of 4.50% per year (the "4.50% Notes"). The 4.50% Notes mature on December 1, 2022 and may be redeemed in whole or in part at any time at our option subject to certain make-whole provisions.
- Our net asset value totaled $1.9 billion, or $25.37 per share.
Investment Portfolio Information as of June 30, 2022(3)
The following table provides a summary of the investments in our LMM portfolio, private loan portfolio and middle market portfolio as of June 30, 2022:
The fair value of our LMM portfolio company equity investments was approximately 189% of the cost of such equity investments, and our LMM portfolio companies had a median net senior debt (senior interest-bearing debt through our debt position less cash and cash equivalents) to EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) ratio of 2.6 to 1.0 and a median total EBITDA to senior interest expense ratio of 2.9 to 1.0. Including all debt that is junior in priority to our debt position, these median ratios were 2.6 to 1.0 and 3.4 to 1.0, respectively.(3) (4)
As of June 30, 2022, our investment portfolio also included:
- Other portfolio investments in 14 companies, collectively totaling $108.8 million in fair value and $116.1 million in cost basis, which comprised 2.9% and 3.4% of our investment portfolio at fair value and cost, respectively; and
- Our investment in the External Investment Manager (as defined below), with a fair value of $118.3 million and a cost basis of $29.5 million, which comprised 3.2% and 0.9% of our investment portfolio at fair value and cost, respectively.
As of June 30, 2022, we had nine investments on non-accrual status, which comprised 0.7% of the total investment portfolio at fair value and 3.2% at cost, and our total portfolio investments at fair value were 109% of the related cost basis.
External Investment Manager
MSC Adviser I, LLC is a wholly owned portfolio company and registered investment adviser that provides investment management services to external parties (the "External Investment Manager"). We share employees with the External Investment Manager and allocate costs related to such shared employees and other operating expenses to the External Investment Manager. The total contribution of the External Investment Manager to our net investment income consists of the combination of the expenses we allocate to the External Investment Manager and the dividend income we earn from the External Investment Manager. During the second quarter of 2022, the External Investment Manager earned $5.7 million of management fee income, an increase of $1.5 million from the second quarter of 2021, and we allocated $3.5 million of total expenses to the External Investment Manager. The increase in management fee income and expenses allocated were primarily related to an increase in assets under management. The combination of the dividend income we earned from the External Investment Manager and expenses we allocated to it resulted in a total contribution to our net investment income of $5.2 million, representing an increase of $1.3 million from the second quarter of 2021. The External Investment Manager ended the second quarter of 2022 with total assets under management of approximately $1.4 billion.
Second Quarter 2022 Financial Results Conference Call / Webcast
Main Street has scheduled a conference call for Friday, August 5, 2022 at 10:00 a.m. Eastern Time to discuss the second quarter 2022 financial results.
You may access the conference call by dialing 412-902-0030 at least 10 minutes prior to the start time. The conference call can also be accessed via a simultaneous webcast by logging into the investor relations section of the Main Street web site at http://www.mainstcapital.com.
A telephonic replay of the conference call will be available through Friday, August 12, 2022 and may be accessed by dialing 201-612-7415 and using the passcode 13731056#. An audio archive of the conference call will also be available on the investor relations section of the company's website at http://www.mainstcapital.com shortly after the call and will be accessible for approximately 90 days.
For a more detailed discussion of the financial and other information included in this press release, please refer to the Main Street Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2022 to be filed with the Securities and Exchange Commission (www.sec.gov) and Main Street's Second Quarter 2022 Investor Presentation to be posted on the investor relations section of the Main Street website at http://www.mainstcapital.com.
ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market investment strategy. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's private loan and middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Main Street, through its wholly owned portfolio company MSC Adviser I, LLC ("MSC Adviser"), also maintains an asset management business through which it manages investments for external parties. MSC Adviser is registered as an investment adviser under the Investment Advisers Act of 1940.
FORWARD-LOOKING STATEMENTS
Main Street cautions that statements in this press release which are forward–looking and provide other than historical information, including but not limited to our ability to successfully source and execute on new portfolio investments and delivery of future financial performance and results, are based on current conditions and information available to Main Street as of the date hereof and include statements regarding Main Street's goals, beliefs, strategies and future operating results and cash flows. Although its management believes that the expectations reflected in those forward–looking statements are reasonable, Main Street can give no assurance that those expectations will prove to be correct. Those forward-looking statements are made based on various underlying assumptions and are subject to numerous uncertainties and risks, including, without limitation: Main Street's continued effectiveness in raising, investing and managing capital; adverse changes in the economy generally or in the industries in which Main Street's portfolio companies operate; the impacts of macroeconomic factors on Main Street and its portfolio companies' business and operations, liquidity and access to capital, and on the U.S. and global economies, including impacts related to the COVID-19 pandemic and other public health crises, risk of recession, inflation, supply chain constraints or disruptions and rising interest rates; changes in laws and regulations or business, political and/or regulatory conditions that may adversely impact Main Street's operations or the operations of its portfolio companies; the operating and financial performance of Main Street's portfolio companies and their access to capital; retention of key investment personnel; competitive factors; and such other factors described under the captions "Cautionary Statement Concerning Forward-Looking Statements" and "Risk Factors" included in Main Street's filings with the Securities and Exchange Commission (www.sec.gov). Main Street undertakes no obligation to update the information contained herein to reflect subsequently occurring events or circumstances, except as required by applicable securities laws and regulations.
MAIN STREET CAPITAL CORPORATION
Endnotes
(1) Distributable net investment income is net investment income as determined in accordance with U.S. Generally Accepted Accounting Principles, or U.S. GAAP, excluding the impact of share-based compensation expense which is non-cash in nature. Main Street believes presenting distributable net investment income and the related per share amount is useful and appropriate supplemental disclosure for analyzing its financial performance since share-based compensation does not require settlement in cash. However, distributable net investment income is a non-U.S. GAAP measure and should not be considered as a replacement for net investment income and other earnings measures presented in accordance with U.S. GAAP. Instead, distributable net investment income should be reviewed only in connection with such U.S. GAAP measures in analyzing Main Street's financial performance. A reconciliation of net investment income in accordance with U.S. GAAP to distributable net investment income is detailed in the financial tables included with this press release.
(2) Beginning with the second quarter of 2022, Main Street is adjusting its definition of distributable net investment income ("adjusted distributable net investment income") to also exclude the impact of deferred compensation expense or benefit (as defined below), which is non-cash in nature. The unrealized appreciation in the fair value of deferred compensation plan assets results in a corresponding increase in deferred compensation obligations and results in an increase in compensation expense ("deferred compensation expense"). The unrealized depreciation of such assets results in a corresponding decrease in deferred compensation obligations and results in a decrease in compensation expense ("deferred compensation benefit"). Total cash expenses are total expenses as determined in accordance with U.S. GAAP excluding non-cash, share-based compensation expense and deferred compensation expense or benefit (together "non-cash compensation expense"). Cash compensation expense is total compensation expense as determined in accordance with U.S. GAAP excluding non-cash compensation expense. Main Street believes presenting adjusted distributable net investment income and the related per share amount and total cash expenses is useful and appropriate supplemental disclosure for analyzing its financial performance since share-based compensation does not require settlement in cash and deferred compensation expense or benefit does not result in a net cash impact to Main Street upon settlement. However, adjusted distributable net investment income and total cash expenses are non-U.S. GAAP measures and should not be considered as replacements for net investment income or total expenses and other earnings measures presented in accordance with U.S. GAAP. Instead, adjusted distributable net investment income and total cash expense should be reviewed only in connection with such U.S. GAAP measures in analyzing Main Street's financial performance. A reconciliation of net investment income in accordance with U.S. GAAP to adjusted distributable net investment income and total expenses in accordance with U.S. GAAP to total cash expenses are each detailed in the financial tables included with this press release. As it is the first period that Main Street is presenting adjusted distributable net investment income, the Company is presenting both distributable net investment income and adjusted distributable net investment income in order to clearly present the impact of this change. In future periods, Main Street intends to report distributable net investment income as net investment income, in accordance with U.S. GAAP, excluding the impact of share-based compensation expense and deferred compensation expense or benefit.
(3) Portfolio company financial information has not been independently verified by Main Street.
(4) These credit statistics exclude certain portfolio companies for which EBITDA is not a meaningful metric for the statistic.
Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com
Jesse E. Morris, CFO and COO, jmorris@mainstcapital.com
713-350-6000
Dennard Lascar Investor Relations
Ken Dennard / ken@dennardlascar.com
Zach Vaughan / zvaughan@dennardlascar.com
713-529-6600
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SOURCE Main Street Capital Corporation | https://www.kxii.com/prnewswire/2022/08/04/main-street-announces-second-quarter-2022-results/ | 2022-08-04T21:47:49Z |
NEW ORLEANS, Sept. 9, 2022 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into International Business Machines Corporation ("IBM") (NYSE: IBM).
On October 20, 2021, the Company announced its financial results for the third quarter of 2021, disclosing total revenues for the quarter of $17.62 billion, a shortfall of $191.84 million based on analyst estimates, due largely to its Cloud & Cognitive Software segment, which had revenues of $5.69 billion - a shortfall of approximately $80 million based on analyst estimates of $5.77 billion.
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws.
KSF's investigation is focusing on whether IBM's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of IBM shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-ibm/ to learn more.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/09/10/ibm-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-investigates-officers-directors-international-business-machines-corporation-ibm/ | 2022-09-10T03:41:46Z |
New figures show the cost of raising a child is becoming more expensive as the nation grapples with rising inflation.
A recent estimate conducted by the Brookings Institution projected the cost of raising a child for a middle-income, two-parent married family with two kids to be north of $310,000.
The estimate assumes the youngest child would be born in 2015 and covers raising the child through the age of 17. It does not include the cost of sending the child to college.
Brookings uses a methodology from a previous report on child expenditures from the U.S. Department of Agriculture (USDA).
The figure is roughly $80,000 more than the estimate USDA released in 2017, when it calculated the average child-rearing costs for a middle-income, married couple with a child born in the same year.
The estimate was first reported by The Wall Street Journal.
To calculate the number, experts used an average inflation rate of 2.23 percent, similar to the rate used in the USDA report, to estimate the total cost from 2015 to 2020. But the new report also factors in a 1.77 percent increase in the rate for 2021 and subsequent years.
Isabel Sawhill, a senior fellow in Economic Studies at the Brookings Institution, told The Hill the calculation was based on past trends in the nation’s inflation rates.
“I said, what is the most comparable historical period to right now? And it turns out, in my opinion, that it was the late 1970s, when we had double digit inflation,” said Sawhill, who produced the estimate along with Morgan Welch, a senior research assistant for the Center on Children and Families.
Sawhill pointed to the actions taken by then-Federal Reserve Chairman Paul Volcker to combat the rising costs that helped spur a recession.
“We had a big recession in the early 80s, actually two back-to-back recessions, and eventually, the inflation rate got back to normal,” Sawhill said, which she added the Fed considers to be around 2 percent.
“I looked at all that data, and I estimated that on average over this period, the inflation rate would be 4 percent,” Sawhill said.
The new estimate only crunches numbers for middle-income, married parents, and doesn’t include projections for single parent households, or consider how race factors into cost challenges.
But Sawhill said lower-income families are likely to bear a significant burden from the higher costs, calling it “a much more important expense for lower income than for higher income families.”
“Bill Gates is not going to worry about how much it costs to raise a child,” she put plainly, while saying she thinks the sharp rise in costs in recent years show it’s “a greater burden than it used to be to have children.” | https://cw33.com/hill-politics/new-estimate-projects-cost-of-raising-a-child-at-310k/ | 2022-08-20T00:28:18Z |
TUCSON, Ariz., July 14, 2022 /PRNewswire/ -- New York City's emergency management agency has released a 90-second public service announcement (PSA) about what to do if the "big one" hits, stating there was no specific reason for the timing. The message is simple: 1. Get inside, fast. 2. Stay inside. 3. Stay tuned to media for official announcements, and don't go outside until officials say it's safe.
"Awareness is prudent, but this PSA lacks vital information," states Doctors for Disaster Preparedness (DDP) president Jane Orient, M.D. DDP refers people to the 60-second nuclear detonation training card, which has been distributed to thousands of first responders, and has issued the following statement:
- In the event of a nuclear detonation, the most important life-saving measure is to drop and cover immediately if you see a bright flash. A blast wave will follow, with hurricane-force winds, turning windows into shards of glass. Survival is much more likely if you are lying flat on the ground.
- Fallout looks like sand, ash, or grit. If there is fallout, you need to take cover for several days. If a building has no basement, get as close to the middle of the building as possible.
- Fallout loses 90% of its radioactivity in the first 7 hours, and an additional 90% for each sevenfold increase in time.
- Official communications are likely to be unavailable, and officials may lack appropriate radiation monitoring instruments. Citizens can acquire detection devices now, or instructions and common materials for making an expedient instrument (Kearny Fallout Meter).
- If not within the zone of complete destruction, most people could survive if they do not panic and have some basic knowledge.
- Doctors for Disaster Preparedness provides information to help save lives in the event of natural or man-made disasters.
Contact: Jane M. Orient, M.D., (520) 323-3110, janeorientmd@gmail.com
View original content:
SOURCE Doctors for Disaster Preparedness | https://www.kxii.com/prnewswire/2022/07/14/doctors-disaster-preparedness-ddp-issues-statement-about-new-york-citys-nuclear-attack-public-service-announcement/ | 2022-07-14T17:57:00Z |
ANAHEIM, Calif. (AP) — Whether Shohei Ohtani is unleashing his 101 mph fastball or dispensing his large array of breaking balls, the Angels’ two-way ace has overpowered every opponent during his shutout surge through June.
Ohtani still had to dig deep into his nearly bottomless bag of pitches to beat the White Sox.
The right-hander extended his scoreless streak to 21 2/3 innings while pitching five-hit ball into the sixth with 11 strikeouts in Los Angeles’ 4-1 victory over Chicago on Wednesday night.
“This one was huge for us because we wanted to win the series, and it’s going to lead to better stuff down the road,” Ohtani said through a translator after winning his fourth consecutive start.
Ohtani (7-4) yielded five singles and a walk, and the White Sox had to work for every small success against him. The reigning AL MVP hasn’t allowed a run since the fifth inning of his brilliant seven-inning outing in Boston on June 9, giving him an 0.34 ERA in his last four starts with 36 strikeouts — 24 in the last two games.
“(The slider) was working really well for me, especially early in the game,” Ohtani said. “I think they started to catch onto the softer stuff later, so I mixed in more fastballs. Just going with the flow.”
Translator Ippei Mizuhara says this matter-of-factly, but Ohtani’s array of pitches is maddening for opponents and eye-popping to his teammates.
“He’s got six, seven, eight pitches, and he can change speed on all of them,” said his catcher, Max Stassi. “It’s special what he can do and how he can manipulate it. … You never know what you’re going to get. It’s the kitchen sink coming at you all the time.”
Ohtani went 0 for 3 with a walk at the plate, but Luis Rengifo hit a two-run homer and Mike Trout had an early RBI double as the Angels finished their disappointing 4-5 homestand on a positive note because of their superstar’s work on the mound.
Michael Kopech (2-5) yielded five hits and two walks over 5 1/3 innings for the White Sox, who have lost six of eight. Chicago loaded the bases in the fourth, but couldn’t capitalize.
“We didn’t put the ball in play enough,” manager Tony La Russa said. “We had a real good shot in the fourth. I thought we had good at-bats, (but Ohtani) has got weapons. He’s for real.”
Ohtani’s streak included scoreless efforts in victories over Seattle and Kansas City before this tough challenge against the White Sox, who pounded out 17 hits and 11 runs one night earlier. After he struck out a career-high 13 Royals last week, Ohtani reached double-digit strikeouts for the fifth time this season against Chicago.
He gave up two singles while racking up three strikeouts in the first inning, and the Angels scored moments later when Taylor Ward delivered a leadoff single and came around on Trout’s double. Trout then scored when Kopech made an error at first base while Chicago tried to turn a tricky 3-6-1 double play.
Ohtani escaped a bases-loaded jam in the fourth after allowing two more singles and a walk, striking out Josh Harrison with a slider. Ohtani also reached back for two fastballs over 100 mph during the inning.
Rengifo doubled Los Angeles’ lead and chased Kopech with his two-run shot into the ficus trees beyond center field in the sixth.
GOOD HOOK
Angels acting manager Ray Montgomery pulled Ohtani with José Abreu on first after Ohtani struck out Gavin Sheets with his 108th pitch, matching his season high.
“I think he did everything he could do for us tonight,” Montgomery said.
Abreu got to third when reliever José Quijada gave up a long single to A.J. Pollock, but Quijada escaped the jam and kept Ohtani’s streak intact.
“Ideally, I would have liked to finish that inning off,” Ohtani said. “But they have a really good lineup, and they were fighting each at-bat and getting my pitch count up.”
LATE RUN
Chicago avoided its third shutout loss of the season when Luis Robert reached on shortstop Andrew Velazquez’s throwing error and eventually scored on Ryan Tepera’s wild pitch in the eighth.
Tepera escaped that jam, and Raisel Iglesias pitched the ninth for his 15th save.
TRAINER’S ROOM
White Sox: Yoán Moncada was in major pain after fouling a ball off his foot in the eighth, but he stayed in. He went to get X-rays after the game.
Angels: Ohtani appeared to be favoring his back in a late-game plate appearance, but he said it should be fine. “Fortunately, we’ve got an off day tomorrow,” he said.
UP NEXT
White Sox: After a travel day, Lance Lynn (1-1, 6.19 ERA) takes the mound in San Francisco on Friday to open a weekend series against the Giants.
Angels: After a travel day, Michael Lorenzen (6-5, 4.24 ERA) takes the mound in Houston on Friday to open a nine-game road trip and a three-game series against the AL West-leading Astros.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ohtani-ks-11-extends-scoreless-streak-in-4-1-win-over-wsox/ | 2022-07-01T00:25:38Z |
SHANGHAI, June 9, 2022 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced its unaudited financial results for the first quarter of 2022.
First Quarter 2022 Financial and Operational Highlights
- Total revenues were RMB787.7 million (US$124.3 million), compared with RMB1,123.8 million in the same period of 2021. Car trading transactions revenues were RMB599.3 million (US$94.5 million), or 76.1% of total revenues in the first quarter of 2022, a 4.9% increase from RMB571.6 million in the same period of 2021.
- Automotive financing facilitation revenues were RMB105.9 million (US$16.7 million), compared with RMB411.7 million in the same period of 2021. The amount of financing transactions the Company facilitated in the first quarter of 2022 was RMB2,637.4 million (US$416.0 million). The total outstanding balance of financing transactions the Company facilitated was RMB42,550.3 million (US$6,712.1 million) as of March 31, 2022.
- M1+ and M3+ overdue ratios for all financing transactions that remained outstanding and were facilitated by the Company were 1.76% and 0.80%, respectively, as of March 31, 2022, compared with 1.62% and 0.86%, respectively, as of December 31, 2021.
- The number of dealers covered by the Company was 44,771 as of March 31, 2022, compared with 45,930 as of December 31, 2021.
Mr. Jiayuan Lin, Chief Executive Officer of Cango, commented, "Since the beginning of the year, the overall market environment has been tougher than we anticipated. While the automotive industry is still in the shadow of a chip shortage, it is also facing industrial production and supply chain disruptions caused by the Covid-19 resurgence across the nation. Given policy changes and the decline in consumers' credit level and repayment ability caused by the economic downturn, we have been proactively making strategic adjustments since last year, tightening our traditional automotive financing facilitation business, strengthening risk control measures and enhancing our collection efforts on overdue assets. At the same time, we remain focused on developing a tech-enabled car trading services platform centered around our car trading transactions business and supported by our insurance and financing businesses as multi-monetization channels.
"First quarter total revenues were RMB787.7 million, of which more than 76.1% were generated by our car trading transactions business. We are very pleased with our progress in transforming Cango into a comprehensive automotive transaction services platform, particularly our first quarter improvements to operating efficiency and capacity. In addition, as the main online traffic entrance, our B2B WeChat mini program "Cango Haoche" has been resonating well with a growing number of registered dealers and recorded increased logistics order demand and transaction volume during the quarter.
"The current round of the pandemic outbreak has lasted for more than two months, spanning the first two quarters of 2022. The corresponding prevention and control measures have had a greater impact on the Chinese economy in the second quarter, and for the automotive industry, the production decline has been huge. While the pandemic is slowly coming under control and production is gradually resuming, we believe the impact on the demand side will persist longer-term. As a result, we expect our total revenues to continue to decline sequentially in the second quarter. Amid this complex macro environment, we will continue to strengthen our risk management while further enhancing our platform capabilities to better serve and engage dealers and consumers."
Mr. Yongyi Zhang, Chief Financial Officer of Cango, stated, "The economic upheaval, global chip shortage and resurgence of Covid-19 in China have brought great challenges to companies across all industries. Together with the deliberate strategic steps we have taken to adjust our traditional automotive financing facilitation business, these factors significantly impacted our top line in the first quarter. Entering the second quarter, the latest Covid surge has thrown China's car market into disarray with factories shut down and sales plunging, and we, along with our dealers, are facing a much more difficult operating environment. Thus, we are now predicting an even higher year-over-year decline in total revenues for the second quarter. However, with our solid balance sheet and disciplined cost controls, we believe we can effectively cope with the dynamics caused by the pandemic outbreak and will closely monitor the evolving situation."
First Quarter 2022 Financial Results
REVENUES
Total revenues in the first quarter of 2022 were RMB787.7 million (US$124.3 million) compared with RMB1,123.8 million in the same period of 2021. Revenues from car trading transactions in the first quarter of 2022 were RMB599.3 million (US$94.5 million), continuing to serve as an important revenue contributor. Revenues from automotive financing facilitation and after-market services facilitation in the first quarter of 2022 were RMB105.9 million (US$16.7 million) and RMB25.8 million (US$4.1 million), respectively.
OPERATING COST AND EXPENSES
Total operating cost and expenses in the first quarter of 2022 were RMB976.8 million (US$154.1 million) compared with RMB964.2 million in the same period of 2021.
- Cost of revenue in the first quarter of 2022 decreased to RMB687.0 million (US$108.4 million) from RMB769.0 million in the same period of 2021. As a percentage of total revenues, cost of revenue in the first quarter of 2022 was 87.2% compared with 68.4% in the same period of 2021. The change was primarily due to an increase in car trading transactions' share of total revenues. Car trading transactions normally present a higher cost-revenue ratio, thus pushing up the overall ratio. For automotive financing facilitation and after-market services facilitation, cost of revenue as a percentage of relevant revenues was around 54.2% in the first quarter of 2022.
- Sales and marketing expenses in the first quarter of 2022 were RMB53.8 million (US$8.5 million) compared with RMB57.8 million in the same period of 2021. As a percentage of total revenues, sales and marketing expenses in the first quarter of 2022 was 6.8% compared with 5.1% in the same period of 2021.
- General and administrative expenses in the first quarter of 2022 were RMB50.9 million (US$8.0 million) compared with RMB61.4 million in the same period of 2021. As a percentage of total revenues, general and administrative expenses in the first quarter of 2022 was 6.5% compared with 5.5% in the same period of 2021.
- Research and development expenses in the first quarter of 2022 were RMB14.5 million (US$2.3 million) compared with RMB13.6 million in the same period of 2021. As a percentage of total revenues, research and development expenses in the first quarter of 2022 was 1.8% compared with 1.2% in the same period of 2021.
- Net loss on risk assurance liabilities in the first quarter of 2022 was RMB98.9 million (US$15.6 million) compared with RMB21.7 million in the same period of 2021. Net loss on risk assurance liabilities was mainly due to a sequential increase in the default rate since 2021.
(LOSS)/ INCOME FROM OPERATIONS
Loss from operations in the first quarter of 2022 was RMB189.1 million (US$29.8 million), compared with an income of RMB159.5 million in the same period of 2021.
NET LOSS
Net loss in the first quarter of 2022 was RMB136.2 million (US$21.5 million). Non-GAAP adjusted net loss in the first quarter of 2022 was RMB113.3 million (US$17.9 million). Non-GAAP adjusted net loss excludes the impact of share-based compensation expenses. For further information, see "Use of Non-GAAP Financial Measure."
NET LOSS PER ADS
Basic and diluted net loss per American Depositary Share (ADS) in the first quarter of 2022 were both RMB0.98 (US$0.15). Non-GAAP adjusted basic and diluted net loss per ADS in the first quarter of 2022 were both RMB0.81 (US$0.13). Each ADS represents two Class A ordinary shares of the Company.
BALANCE SHEET
As of March 31, 2022, the Company had cash and cash equivalents of RMB2,137.0 million (US$337.1 million), compared with RMB1,434.8 million as of December 31, 2021.
As of March 31, 2022, the Company had short-term investments of RMB1,874.1 million (US$295.6 million), compared with RMB2,598.9 million as of December 31, 2021.
Business Outlook
For the second quarter of 2022, the Company expects total revenues to be between RMB250 million and RMB300 million. This forecast reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.
Share Repurchase Program
Pursuant to the share repurchase program announced on August 19, 2021, the Company had repurchased 7,324,169 ADSs with cash in the aggregate amount of approximately US$26.3 million up to May 31, 2022.
Conference Call Information
The Company's management will hold a conference call on Thursday, June 9, 2022, at 9:00 P.M. Eastern Time or Friday, June 10, 2022, at 9:00 A.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers:
The replay will be accessible through June 16, 2022, by dialing the following numbers:
A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.cangoonline.com/.
About Cango Inc.
Cango Inc. (NYSE: CANG) is a leading automotive transaction service platform in China connecting car buyers, dealers, financial institutions, and other industry participants. Founded in 2010 by a group of pioneers in China's automotive finance industry, the Company is headquartered in Shanghai and has a nationwide network. Leveraging its competitive advantages in technological innovation and big data, Cango has established an automotive supply chain ecosystem, and developed a matrix of products centering on customer needs for auto transaction, auto financing and after-market services. By working with platform participants, Cango endeavors to makes car purchase simple and enjoyable, and make itself customers' car purchase service platform of choice. For more information, please visit: www.cangoonline.com.
Definition of Overdue Ratios
The Company defines "M1+ overdue ratio" as (i) exposure at risk relating to financing transactions for which any installment payment is 30 to 179 calendar days past due as of a specified date, divided by (ii) exposure at risk relating to all financing transactions which remain outstanding as of such date, excluding amounts of outstanding principal that are 180 calendar days or more past due.
The Company defines "M3+ overdue ratio" as (i) exposure at risk relating to financing transactions for which any installment payment is 90 to 179 calendar days past due as of a specified date, divided by (ii) exposure at risk relating to all financing transactions which remain outstanding as of such date, excluding amounts of outstanding principal that are 180 calendar days or more past due.
Use of Non-GAAP Financial Measure
In evaluating the business, the Company considers and uses Non-GAAP adjusted net income (loss), a non-GAAP measure, as a supplemental measure to review and assess its operating performance. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines Non-GAAP adjusted net income (loss) as net income (loss) excluding share-based compensation expenses. The Company presents the non-GAAP financial measure because it is used by the management to evaluate the operating performance and formulate business plans. Non-GAAP adjusted net income (loss) enables the management to assess the Company's operating results without considering the impact of share-based compensation expenses, which are non-cash charges. The Company also believes that the use of the non-GAAP measure facilitates investors' assessment of its operating performance.
Non-GAAP adjusted net income (loss) is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. This non-GAAP financial measure has limitations as analytical tools. One of the key limitations of using Non-GAAP adjusted net income (loss) is that it does not reflect all items of expense that affect the Company's operations. Share-based compensation expenses have been and may continue to be incurred in the business and are not reflected in the presentation of Non-GAAP adjusted net income (loss). Further, the non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.
The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company's performance. The Company encourages you to review its financial information in its entirety and not rely on a single financial measure.
Reconciliations of Cango's non-GAAP financial measure to the most comparable U.S. GAAP measure are included at the end of this press release.
Exchange Rate Information
This announcement contains translations of certain RMB amounts into U.S. dollars ("US$") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB6.3393 to US$1.00, the noon buying rate in effect on March 31, 2022, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the "Business Outlook" section and quotations from management in this announcement, contain forward-looking statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Cango's goal and strategies; Cango's expansion plans; Cango's future business development, financial condition and results of operations; Cango's expectations regarding demand for, and market acceptance of, its solutions and services; Cango's expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com
Twitter: https://twitter.com/Cango_Group
Emilie Wu
The Piacente Group, Inc.
Tel: +86 21 6039 8363
Email: ir@cangoonline.com
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SOURCE Cango Inc. | https://www.kxii.com/prnewswire/2022/06/09/cango-inc-reports-first-quarter-2022-unaudited-financial-results/ | 2022-06-09T23:06:00Z |
Cyclic Materials is building a circular supply chain for rare earth elements.
KINGSTON, ON, Aug. 9, 2022 /PRNewswire/ - The continued electrification of society will be key in curbing carbon emissions and mitigating the worst effects of climate change. A major barrier to achieving that goal, however, is a projected shortage of so-called 'rare earths'—metals critical to a range of technologies, including electric vehicles and wind turbines. Cyclic Materials aims to remedy this issue using one of the oldest tricks in the resource management playbook: recycling.
Most metals are produced with approximately 40% recycled material, but only about 1% of rare earths are recovered at the end of life, meaning that the rare earth circular economy could grow as much as forty-fold in the coming years. A robust supply chain for recycled rare earths will accelerate domestic production of these materials, which are deemed 'critical' by many western countries. Recycling will also decrease the need for new green-field mining projects, which can take years to break ground, require massive capital investment and carry profound environmental consequences.
Thanks to Cyclic Material's innovative recovery process, the circular supply chain for rare earths is no longer a pipe dream. The company is extremely excited to announce the completion of its proof-of-concept bench-scale test work, carried out at Kingston Process Metallurgy Inc. (KPM), as well as the delivery of the first samples of high-purity recycled rare earth oxides to downstream service providers. Cyclic Materials is now focused on building its pilot plant, the first step towards scaling up its recycling process to satisfy exploding demand.
"There is a huge opportunity to produce rare earth elements in a more responsible and sustainable way," says Cyclic Materials CEO Ahmad Ghahreman. "We aspire to reduce the pressure to open 3-4 new mines, thereby improving land use and reducing the use of harsh processing chemicals."
The goal is ambitious, and it is backed by Ghahreman's proven track record as an innovator in the field of resource extraction. Processes that he invented are currently being employed, at scale, to turbocharge the efficiency of copper mines across the world, and introduce recycled lithium back into the supply chain. With this initial sample delivery, Cyclic Materials has taken the first step towards revolutionizing rare earths recycling in a similar fashion.
"Today's shipment of sample product is an important step in the creation of a sustainable supply of these critical metals," continued Ghahreman. "It demonstrates the high-quality product we produce and will allow us to build the downstream supply chain necessary to create rare earth magnets with 100% recycled material."
About Cyclic Materials:
Cyclic Materials is a venture-backed startup based in Ontario, Canada. It is creating a circular supply chain for rare earth elements and other critical materials used in the electrification of society. To learn more visit https://cyclicmaterials.earth
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SOURCE Cyclic Materials | https://www.wibw.com/prnewswire/2022/08/09/circular-supply-critical-materials-electrification-energy-mobility/ | 2022-08-09T14:21:04Z |
,
/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Unity Software
Inc. ("Unity" or the "Company") (NYSE: U) and certain of its officers. The class action, filed in
District Court for the Northern District of
, and docketed under 22-cv-03962, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Unity securities between
and
, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule
-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Unity securities during the Class Period, you have until September 6, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Unity creates and operates an interactive real-time 3D content platform. The Company's platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. One of the tools on the Company's product platform is the Audience Pinpointer, a user acquisition service which uses real-time user valuation at the time of an ad request.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) deficiencies in Unity's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, Unity had overstated the Company's commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On May 10, 2022, after the market closed, Unity announced its financial results for the first quarter of 2022. The Company also reduced its fiscal 2022 guidance, citing "challenges with monetization products." Specifically, Unity stated that "a fault in [Unity's] platform . . . resulted in reduced accuracy for [its] Audience Pinpointer tool, a revenue expensive issue given that [the] Pinpointer tool experienced significant growth post the IDFA changes."
On this news, Unity's stock price fell $17.83 per share, or approximately 37%, to close at $30.30 per share on May 11, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/07/21/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-unity-software-inc-class-action-lawsuit-upcoming-deadline-u/ | 2022-07-21T23:19:42Z |
Topeka nurse researches motivation for, obstacles to certifications
TOPEKA, Kan. (WIBW) - Topeka nurses want to go the extra mile to give you the best care. That’s what Carolyn Wittman, RN, a certified emergency nurse at Stormont Vail found in a recent research project she undertook.
“I take a lot of pride in what I do,” she said.
Wittman’s status as certified is signified by a special red name badge.
“That means that you’re specialized in that area and you’ve done research and studied and taken this test to get that certification,” she said.
Nurses can get certifications across all areas of specialties, and Wittman was curious how many of her colleagues pursued the extra knowledge. She launched a research project, partnering with a fellow staff member and a mentor at Washburn University. She emailed 1,181 Registered Nurses in Stormont’s system, and about 30 percent responded. She learned a significant number held certifications.
“They all - whether they held certification or not - agreed that it stood out and said you know what you’re doing in your area of specialty,” Wittman said.
While Wittman says other research found it difficult to draw a clear correlation between certified nurses and a higher standard of care, she says earning the title does make nurses more confident in their skills, which is a plus for patients.
“It’s knowing that you put more effort than you had to, and knowing that you’re doing a great job for everybody around you,” she said.
Wittman also sought to find out what barriers stand in the way of nurses pursuing certification. She learned money is an issue - the classes are not free and certification often does not mean a pay bump.
“These tests aren’t really cheap to take, and if you are real serious and want to study - those resources cost money as well,” she said. “What we identified is that most people who stated that they were certified and when they became certified, they did it for more of an intrinsic value. They did it because they felt a sense of accomplishment by doing so, and it was important to them as an individual.”
Wittman has presented her findings both to her own hospital superiors, and outside the organization. She hopes it drives change so more nurses can earn their badge of honor.
“My goal is that anybody who wants to do it is going to have the right tools and the ability to do so,” she said.
Stormont does offer some education reimbursement and support for pursing professional certification. Wittman says she hopes her research can be a basis for those programs to continue to expand across all health care organizations.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/02/topeka-nurse-researches-motivation-obstacles-certifications/ | 2022-09-02T03:43:24Z |
TEL AVIV, Israel, July 25, 2022 /PRNewswire/ -- CropX Technologies, a global leader in digital agronomic solutions for farming operations, recently offered farmers in the Netherlands greater insight into how the government's new proposed nitrogen emission reductions will affect their farms. This helps farmers understand and prepare for the impact it will have on their operations and gives members of the general public and policymakers an easier way to understand the proposed nitrogen targets.
Nitrogen is a vital nutrient for crop and pasture growth but causes ecological problems when too much is released into the environment. In the Netherlands, manure from dairy operations is a significant source of emissions and is the focus of a government plan for emission reductions across the country.
CropX operates the precision mapping tool Boer&Bunder (www.boerenbunder.nl), which takes publicly available data on agricultural fields and makes it accessible in an online mapping platform. After the Dutch government released its map of proposed reduction targets, CropX quickly made it available to the public on Boer&Bunder as part of its free tier of access. Users can search specific field plots to see proposed reduction targets for each location.
"Making the Dutch government's nitrogen reduction map accessible helps everyone understand better the emission standards that could affect how farms are run in the foreseeable future," says Gert Sterenborg, Product Manager at CropX.
Boer&Bunder gives users insights into agricultural fields within the countries that it covers, currently the Netherlands, Belgium, Luxembourg, Denmark, Austria, France and two states in Germany. This includes field by field data on historic crop rotations and precise field plotting for planning and invoicing. Users can also access elevation maps and satellite imagery and have access to different data sets based on subscription tiers.
About CropX
CropX is one of the fastest growing providers of agribusiness farm management solutions in the world, deployed in over 50 countries and across all the arable continents. The CropX platform synthesizes data from the earth and sky to offer advanced soil and crop intelligence and a suite of digital decision and planning tools, all on an easy-to-use app capable of tracking multiple farms and fields. CropX is backed by the world's leading agribusinesses and VCs, who recognize that CropX's precision-ag technologies set new standards of best practices for environmental sustainability and greater farm productivity. Learn more at https://www.cropx.com
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Media Contact
Hanna Day-Woodruff
Marketing and Communications Specialist
hanna.dw@cropx.com
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SOURCE CropX | https://www.mysuncoast.com/prnewswire/2022/07/25/cropx-technologies-helps-farmers-understand-pending-nitrogen-regulations/ | 2022-07-25T20:14:30Z |
Including 28.1 g/t Au over 18.7 m, 15.0 g/t Au over 14.6 m, & 33.8 g/t over 4.8m
RENO, Nev., June 1, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is pleased to announce results from the first sixteen holes drilled in the 2022 underground program at the Granite Creek Property to define mineralization for mining and test for extensions of the Ogee Zone, the primary target of the underground program. The ongoing surface and underground drill program at the Company's Granite Creek Property ("Granite Creek" or "the Property") located in Humboldt County, Nevada is focused on defining mineralization for inclusion in an updated Feasibility Study expected at the end of the ~30,000 metre drill program.
During the fourth quarter of 2021, underground drilling platforms were completed providing access to test the expansion opportunity of the Ogee Zone, expected to provide the bulk of mineralization to be mined in the next twelve months. Initial drilling is primarily focused on defining mineralization immediately below existing mine workings (see Figure 1 and Table 1). Drilling in 2022 continues to focus on further expansion in the area between the bottom level of the mine workings and the deepest hole drilled by i-80 so far to test the Ogee Zone depth extension (from surface), iGS21-15, that intersected multiple high-grade mineralized horizons including 13.3 g/t Au over 13.1 m, 20.3 g/t Au over 7.5 m and 10.1 g/t Au over 17.5 m. Additional drilling has focused on extensions of the Otto, Adam Peak, and Range Front faults beneath historic workings.
Highlight results from 2022 underground drilling at Granite Creek:
- 28.1 g/t Au over 18.7 m in hole iGU22-01
- 15.0 g/t Au over 14.6 m in hole iGU22-03
- 33.8 g/t Au over 4.8 m in hole iGU22-13
- 22.5 g/t Au over 3.0 m in hole iGU22-14
The Company is in the process of expanding the underground workings such that multiple headings are available for mining. The decline is being driven to depth and initial work is being performed to assess the potential to access the new South Pacific Zone located immediately below and to the north of the mine workings. It is expected that first mineralization from the underground operation will be trucked to Twin Creeks for processing in mid-2022, pursuant to the agreement with Nevada Gold Mines, until such time that the Company's Lone Tree facility is operational.
"These drill results further increase our confidence in the next level to be mined from the Ogee Zone.", stated Tyler Hill, Senior Geologist of i-80. "We continue to test extensions of the Ogee Zone at depth, which will complement expansion drilling in the new South Pacific Zone."
The Granite Creek Property is strategically located proximal to Nevada Gold Mines' Turquoise Ridge and Twin Creeks mines at the north end of the Battle Mountain-Eureka Trend, at its intersection with the Getchell gold belt in Nevada (See Figure 2). High-grade mineralization occurs in a near-identical geological setting as that at the multi-million ounce Turquoise Ridge Mine located immediately to the north; proximal to a major regional fault (the Getchell or Range Front fault) on the eastern edge of the large Osgood Mountains intrusive complex. The Granite Creek deposit remains open at depth and along strike from the existing underground workings and step-out drilling aimed at expanding resources is currently underway.
All samples were submitted to ALS Minerals (ALS) of Sparks, NV, which is an ISO 9001 and 17025 certified and accredited laboratory, independent of the Company. Samples submitted through ALS are run through standard prep methods and analyzed using Au-AA23 (Au; 30g fire assay) and ME-ICP41 (35 element suite; 0.5g Aqua Regia/ICP-AES). ALS also undertakes their own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. i-80 Gold Corp's QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results.
Tim George, PE, Mine Operations Manager, reviewed the technical and scientific information contained in this press release and is a Qualified Person within the meaning of NI 43-101.
i-80 Gold Corp. is a well-financed, Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the Company's advanced-stage property portfolio with processing at i-80's centralized milling facility that includes an autoclave.
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to the expansion or mineral resources at Granite Creek and the potential of the Granite Creek project. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to: material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
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SOURCE i-80 Gold Corp | https://www.wibw.com/prnewswire/2022/06/01/i-80-gold-intersects-high-grade-gold-drilling-ogee-zone-granite-creek-provides-initial-results-2022-underground-program/ | 2022-06-01T11:18:43Z |
1MBB initiative continues to expand nationwide support
ATLANTA, July 21, 2022 /PRNewswire/ -- Operation HOPE today announced a groundbreaking partnership with the city of Jackson, Mississippi to expand its One Million Black Business Initiative (1MBB), which aims to create one million Black entrepreneurs and business owners by 2030. As part of the city's ongoing efforts to spur economic development, Jackson's Mayor Chokwe Antar Lumumba and John Hope Bryant, Operation Hope's Chairman, Founder and CEO signed a formal agreement, signifying the city's commitment to transforming economic opportunities for minority-owned businesses.
Through 1MBB, the city of Jackson will offer 500 aspiring Black entrepreneurs free access to resources needed to successfully build, sustain and scale their business endeavors over the next two years. Launched in October 2020 with the support of founding partner Shopify, 1MBB aims to remove traditional hurdles to Black entrepreneurship by providing the critical tools for success such as technology, education, and increased access capital. The movement is part of Operation HOPE's broader mission to promote financial inclusion and dignity, aimed at empowering the underserved of America.
"The state of Mississippi is largely known as a battleground during the height of the civil rights movement in the 1960s. Today, we're shifting the tides and ensuring that her next generation benefits from what I call "silver rights." That means planting seeds of hope through entrepreneurship," said Operation HOPE founder, chairman and CEO, John Hope Bryant. "I applaud Mayor Lumumba for joining our 1MBB mission and leading the charge to make free enterprise and capitalism work for all."
The partnership with Operation HOPE is a natural extension of the administration's commitment to building Black businesses in the greater Jackson community. Powered by Trustmark and Cadence Bank, 1MBB will be an integral part of the city's annual Jackson Minority Business Expo, highlighting black business enterprises and patronage on Saturday, August 20, 2022.
To learn more about 1MBB, visit HOPE1mbb.org.
Since 1992, Operation HOPE has been moving America from civil rights to "silver rights," with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low and moderate-income youth and adults across the nation. Operation HOPE has received seven consecutive 4-star charity ratings for fiscal management and commitment to transparency and accountability by the prestigious non-profit evaluator, Charity Navigator. For more information visit OperationHOPE.org. Follow the HOPE conversation on Twitter, Facebook, LinkedIn and Instagram.
Media Contacts:
Lalohni Campbell, for Operation HOPE
LA@persemediagroup.com
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SOURCE Operation HOPE, Inc. | https://www.wibw.com/prnewswire/2022/07/21/city-jackson-mississippi-partners-with-operation-hope-help-create-one-million-new-black-businesses-by-2030/ | 2022-07-21T22:02:31Z |
Two flight attendants fight back after being fired for voicing concerns about the Equality Act's impact on women and people of faith on internal messaging board
SEATTLE, May 17, 2022 /PRNewswire/ -- Today, First Liberty Institute filed a federal lawsuit on behalf of two flight attendants against Alaska Airlines after the airline terminated them because they asked questions in a company forum about the company's support for the "Equality Act." The lawsuit also claims the Association of Flight Attendants union failed to uphold its responsibility to defend the plaintiffs because of their religious beliefs.
You can read the complaint here.
Both plaintiffs, Marli Brown and Lacey Smith, filed charges of religious discrimination with the Equal Employment Opportunity Commission (EEOC) against Alaska Airlines in August 2021. Earlier this year the EEOC issued right-to-sue letters to both flight attendants.
"Alaska Airlines 'canceled' Lacey and Marli because of their religious beliefs, flagrantly disregarding federal civil rights laws that protect people of faith from discrimination," said Stephanie Taub, Senior Counsel for First Liberty Institute. "It is a blatant violation of state and federal civil rights laws to discriminate against someone in the workplace because of their religious beliefs and expression. 'Woke' corporations like Alaska Airlines think that they do not have to follow the law and can fire employees if they simply don't like their religious beliefs."
In early 2021, Alaska Airlines announced its support for the Equality Act on an internal employee message board and invited employees to comment. Lacey posted a question, asking, "As a company, do you think it's possible to regulate morality?" In the same forum, Marli asked, "Does Alaska support: endangering the Church, encouraging suppression of religious freedom, obliterating women rights and parental rights? ...." Both plaintiffs, who had exemplary records as employees, were subsequently investigated, questioned by airline authorities, and eventually fired from their jobs.
When it fired them, the Airline said the two flight attendants' comments were "discriminatory," "hateful," and "offensive." In its notice of discharge to Ms. Smith, Alaska Airlines claimed, "Defining gender identity or sexual orientation as a moral issue … is … a discriminatory statement."
In today's lawsuit, First Liberty attorneys state, "Despite Alaska Airlines' claimed commitment to an inclusive culture and its frequent invitations to employees to dialogue and express a diversity of perspectives, Alaska Airlines created a work environment that is hostile toward religion, and AFA reinforced that company culture. Alaska Airlines and AFA cannot wield their social advocacy as a sword to unlawfully discriminate against religious employees and instead must remain mindful of their legal obligation to 'do the right thing' towards all employees, including religious employees. The Court must hold Alaska Airlines and the AFA accountable for their discrimination."
The complaint adds, "Title VII prohibits discrimination based on race, sex, religion, color, and national origin. Other federal statutes prohibit discrimination based on age and disability. Alaska Airlines affirms its disregard for religion as a protected class by its repeated statements of support for other protected classes while omitting the protected class of religion."
About First Liberty Institute
First Liberty Institute is a non-profit public interest law firm and the largest legal organization in the nation dedicated exclusively to defending religious freedom for all Americans.
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SOURCE First Liberty Institute | https://www.mysuncoast.com/prnewswire/2022/05/17/flight-attendants-sue-alaska-airlines-union-claiming-religious-discrimination-firings/ | 2022-05-17T17:39:03Z |
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HiRain's Convolutional Neural Network (CNN) solution using InnovizOne LiDAR unlocks operational efficiency and port safety
TEL AVIV, Israel and BEIJING, Sept. 5, 2022 /PRNewswire/ -- Innoviz Technologies (NASDAQ: INVZ), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, and its strategic partner HiRain Technologies, a leading Tier 1 solutions provider for the Chinese automotive market, today announced the deployment of InnovizOne LiDAR sensors at ports across China, including on HiRain's autonomous trucks and AGVs. The first deployment started in RiZhao port, with both parties planning to expand the project to additional ports.
Using InnovizOne LiDAR and HiRain's Convolutional Neural Network (CNN), the combined solution is now being used at ports across China, including on autonomous trucks and AGVs, and for Vehicle to Anything (V2X) applications, to improve operational efficiency, mitigate risks and enhance worker safety. Innoviz and HiRain's sensing system is highly durable and can detect vehicles and pedestrians, as well as infrastructure typically found at ports with precise location, distance and size. HiRain's fully integrated system also includes LiDAR protection, heat radiation protection, shock absorption, noise reduction, dustproofing and cleaning.
HiRain developed its own roadside V2X solution using InnovizOne LiDAR. The five-in-one sensor unit monitors traffic from a bird's eye view, collecting environmental data and sending it in real time to a high-performance computer, which then broadcasts the data to all surrounding trucks in order to avoid collisions.
"The global supply chain crisis is being made worse by labor shortages and higher levels of congestion at ports in China and around the world," said Omer Keilaf, co-founder and CEO of Innoviz. "The deployment of HiRain's autonomous vehicle and V2X systems using InnovizOne LiDAR comes at an especially opportune time, as it will greatly improve efficiencies and enable 24/7 operations."
Innoviz and HiRain began working together in 2018, and HiRain plans to integrate Innoviz's next-generation LiDAR sensor, InnovizTwo, into its platforms, to make port operations even safer and more efficient.
"LiDAR is one of the most critical technologies of our time and will play an outsized role in the development of not just autonomous vehicles, but also the infrastructure they require to communicate with one another," said Dr. Chengjian Fan, CTO & Deputy GM of Hirain Technologies. "We have very much enjoyed working with the Innoviz team to bring these products to market, and look forward to developing additional products using Innoviz's solutions."
About Beijing JingWei Hirain Technologies
Founded in 2003, HiRain focuses on providing electronic products, R & D services and overall solutions for high-level intelligent driving to customers in the fields of automobile and unmanned transportation. Headquartered in Beijing, HiRain has established modern production plants in Tianjin and Nantong, forming a perfect R & D, production, marketing and service system. Based on the concept of "value innovation and serving customers", the company adheres to the strategies of "professional focus", "technology leadership" and "platform development", and is committed to becoming a world-class comprehensive electronic system technology service provider, a full stack solution supplier for intelligent networked vehicles, and a leader in high-level intelligent driving MaaS solutions. For more information please visit: https://www.hirain.com/
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Media Contact
Investor Contact
Maya Lustig
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on April 21, 2021, and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
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SOURCE Innoviz Technologies | https://www.mysuncoast.com/prnewswire/2022/09/06/innoviz-hirain-technologies-deploy-innovizone-across-shipping-ports-china/ | 2022-09-06T02:17:47Z |
Texas will send willing undocumented immigrants to Washington, DC, by bus and plane, Gov. Greg Abbott's office announced Wednesday, saying local leaders in the state are fed up with the federal government for releasing migrants into their communities.
Abbott told reporters the plan is a response to the Biden administration's recent announcement that it will be lifting a pandemic public health order next month, a decision that could significantly increase the number of migrants crossing the border. The order, known as Title 42, has effectively blocked most migrants from entering the US and seeking asylum for more than two years.
Former President Donald Trump implemented the order at the onset of the Covid-19 pandemic. His administration said the order was to help prevent the spread of the virus across the US' borders with Mexico and Canada, but public health officials, at the time, suspected political motivations.
The Biden administration announced last week the order would end on May 23. That's sparked praise from civil rights organizations and many Democrats, but also fierce pushback from Republicans and some moderate Democrats who argue the administration doesn't have enough of a plan to handle the expected increase in migrants at the border.
Abbott's announcement took widespread Republican criticism of the move a step further. And the governor said the plan to transport migrants out of Texas was one of a number of steps he intends to take.
Abbott has directed the Texas Division of Emergency Management to charter buses and flights that would send to Washington willing migrants who've been processed and released from federal custody, his office said.
"To help local officials whose communities are being overwhelmed by hordes of illegal immigrants who are being dropped off by the administration, Texas is providing charter buses to send these illegal immigrants who have been dropped off by the Biden Administration to Washington, DC," Abbott said during a news conference Wednesday along the US-Mexico border in Weslaco, Texas.
Critics lambasted the announcement as a political stunt and pointed out that the governor is up for reelection.
"He's wasting taxpayer dollars on a campaign tactic to demonize immigrants," the Texas Civil Rights Project said on Twitter.
Any migrant transported by Texas "must volunteer to be transported and show documentation from DHS" in order to board a bus or flight, the governor's office said.
Abbott emphasized, in a Fox News interview Thursday morning, that only immigrants who volunteer to be transported to Washington would be sent there, or it "would be kidnapping, even though it would be by a law enforcement agency."
"What better place for them to go to than the steps of the United States Capitol?" Abbott said to Fox News. "They get to see the wonderful Capitol, but also get closer to the people who are making these policies that are allowing people to come to the border illegally."
The state has assembled a pool of up to 900 buses for the operation, according to Texas Division of Emergency Management Chief Nim Kidd, who joined the governor Wednesday.
Generally, migrants released from federal custody after crossing the border have been processed and given paperwork allowing them to remain in the country temporarily but ordering them to appear in immigration court to make their case. Many are seeking asylum.
They are often released in Texas and other border states, and then continue on journeys to other parts of the country.
Abbott has been a vocal critic of President Joe Biden's White House, pinning an increase in migrants on its immigration policies, though there were spikes during Trump's administration as well. This latest effort by the governor is part of a string of initiatives in the last year to limit undocumented migrants entering the US from Mexico and to police the border.
When Title 42 ends, the federal government is planning for up to 18,000 illegal immigrants crossing the border each day, as a worst-case scenario, Abbott noted.
"That's more than a half a million illegal immigrants every single month from more than 150 different countries across the globe," the governor said Wednesday. "That's far beyond what Homeland Security Secretary Johnson said was a crisis. It is unprecedented and dangerous."
Biden administration officials have stressed repeatedly that they're planning for the expected increase in migration.
The head of US Border Patrol told CNN last month that he's getting ready for as many as 8,000 people to be apprehended daily this spring. Deteriorating conditions in Latin America, worsened by the pandemic, are among the reasons for the migrations.
Also on Wednesday, Abbott signed what he called a "zero-tolerance policy" for unsafe vehicles used to smuggle migrants across the border and said that it will be implemented immediately. The governor claims the policy is a byproduct of cartel crossings at the border and noted there may be more stopping of traffic from Mexico into Texas for vehicle inspections.
In March 2021, Abbott launched "Operation Lone Star," citing a crisis at the US southern border. The operation leaned on resources from the Texas Department of Public Safety and Texas National Guard to police the border. The operation at one point swelled to more than 10,000 service members.
As Abbott has deployed thousands of personnel to the US-Mexico border, the operation has been slammed as overtly political and a waste of resources by Democratic lawmakers and even some of the National Guard members participating in the mission.
Other Abbott initiatives have included plans to build a border wall.
The busing and unsafe vehicle policies will be added to Operation Lone Star, and Abbott said more directives will be announced next week.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/texas-to-send-buses-of-undocumented-immigrants-to-us-capital-if-theyre-willing-to-go/article_50c5f4c5-4b0e-53c7-bd6a-6ecbd4845ff7.html | 2022-04-07T19:50:10Z |
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for INTC, TDG, AAPL, DIS, and BABA.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/08/24/thinking-about-trading-options-or-stock-intel-corp-transdigm-group-apple-walt-disney-or-alibaba/ | 2022-08-24T14:18:48Z |
PITTSBURGH, April 27, 2022 /PRNewswire/ -- "I did not like the odors that were lingering in bathrooms," said the inventor from Revere, Mass. "I thought of this idea to help eliminate those odors without needing fans or scented sprays."
He created the patent-pending ODORLESS TOILET SEAT to fulfill the need for freshening the air in a bathrooms. This device helps remove objectionable or obnoxious odors at their source before they can infiltrate the bathroom environment. It would be effective and easy to install in any type of application. Additionally, this helps eliminate the need to run the fan for periods of time and money spent on unhealthy air freshening sprays.
The original design was submitted to the Boston sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-BMA-4418, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/04/27/inventhelp-presents-toilet-smell-eliminator-bma-4418/ | 2022-04-27T19:28:01Z |
Vaccine does not interfere with routine measles-rubella vaccine in Malawian children
BLANTYRE, Malawi, Aug. 10, 2022 /PRNewswire/ -- A new study, published in The Lancet Global Health, finds the typhoid conjugate vaccine, Typbar TCV®, provides immunity for up to three years in children as young as nine months old in Malawi. The research – conducted by the Blantyre Malaria Project, Malawi-Liverpool-Wellcome Trust, and researchers at the Center for Vaccine Development and Global Health (CVD) at the University of Maryland School of Medicine (UMSOM) – found that the TCV vaccine is safe and well tolerated. Importantly, the vaccine can be given to nine-month-old infants at the same time as routine measles-rubella vaccinations without reducing the immune response to either vaccine.
The newly published research is a double-blind, randomized, controlled clinical trial done in Blantyre, Malawi. The study team randomly assigned 631 children with no immunosuppression or chronic health conditions to either receive the TCV typhoid vaccine or a vaccine for meningococcal serogroup A conjugate, which is routinely used in Africa. The typhoid vaccine showed strong immune responses against typhoid in children ages nine months to 12 years old.
"It is simply amazing that a single dose of TCV will protect Malawian children for years," said Ngina Nampota, MBBS, MS, lead author of the new research and Study Physician with the Blantyre Malaria Project, an affiliate of Kamuzu University of Health Sciences, Malawi.
Typhoid causes more than nine million cases and at least 110,000 deaths worldwide every year, most of which occur in sub-Saharan Africa and southeast Asia. It is transmitted by ingesting contaminated food or water, often due to lack of safe water and sanitation.
The new study is supported by TyVAC – a partnership between CVD, the Oxford Vaccine Group at the University of Oxford, and the global non-profit PATH. TyVAC aims to accelerate the introduction of the TCV vaccine as part of an integrated approach to reduce the burden of typhoid in countries eligible for support from Gavi, the Vaccine Alliance. TyVAC was initiated in 2016 as a multi-country project to accelerate the introduction of the TCV vaccine in Gavi-eligible countries.
"TCVs are the first vaccines that protect children as young as six months of age against typhoid. This study is one of the first to demonstrate a long-lasting immune response in African children who are disproportionately affected by typhoid and its potential consequences, including death," said Matthew B. Laurens, MD, MPH, Professor of Pediatrics and Medicine at UMSOM and senior author of the new research. "TCVs will ensure children in affected areas can lead healthier, productive lives free of typhoid."
These vaccines offer an easy – and World Health Organization-approved – way to control this devastating disease and save lives. Data from a phase 3 clinical trial in Malawi, published in September 2021 in The New England Journal of Medicine, also showed that this vaccine is a safe and effective way to protect children under age 15, the population most affected by typhoid. The new Lancet Global Health research is a "substudy" of this larger clinical trial.
Additionally, the new study showed that children under one year of age had both a strong immune response and no significant side effects when TCV was given alongside a routine measles-rubella vaccine. In countries with limited access to health care and transportation, the ability to administer multiple vaccines in one visit improves access to preventive care. Children who receive TCV typically experience mild side effects, most commonly injection-site pain. These reactions are consistent with other similar vaccines.
"TCVs provide a ray of hope in resource-limited settings, where children are disproportionately impacted by typhoid," said Kathleen Neuzil, MD, MPH, the Myron M. Levine, MD, DTPH, Professor in Vaccinology at UMSOM and coauthor of the current study. "With broad use of TCVs, combined with improved water and sanitation, we have the ability to make typhoid a disease of the past." Dr. Neuzil is also the director of CVD at UMSOM and principal investigator for TyVAC.
The next steps, Dr. Laurens said, are to assess the effect of a booster dose on long-term protection from typhoid fever in children. While researchers continue to monitor the children vaccinated as part of this study, previous research suggests that TCV protection likely lasts at least five years.
"Our team's goal to protect children against typhoid represents a long-term aim of scientists working across the globe," said Mark T. Gladwin, MD, Vice President for Medical Affairs, UM Baltimore, and the John Z. and Akiko K. Bowers Distinguished Professor and Dean at UMSOM. "We are proud of these life-saving accomplishments of scientists in the University of Maryland's Center for Vaccine Development and Global Health, who are focused on global efforts to reduce health care disparities."
The Bill & Melinda Gates Foundation partially funded this study with grant OPP1151153. Typbar TCV® is licensed by Bharat Biotech International Limited, Hyderabad, India.
Now in its third century, the University of Maryland School of Medicine was chartered in 1807 as the first public medical school in the United States. It continues today as one of the fastest growing, top-tier biomedical research enterprises in the world -- with 46 academic departments, centers, institutes, and programs, and a faculty of more than 3,000 physicians, scientists, and allied health professionals, including members of the National Academy of Medicine and the National Academy of Sciences, and a distinguished two-time winner of the Albert E. Lasker Award in Medical Research. With an operating budget of more than $1.3 billion, the School of Medicine works closely in partnership with the University of Maryland Medical Center and Medical System to provide research-intensive, academic and clinically based care for nearly 2 million patients each year. The School of Medicine has nearly $600 million in extramural funding, with most of its academic departments highly ranked among all medical schools in the nation in research funding. As one of the seven professional schools that make up the University of Maryland, Baltimore campus, the School of Medicine has a total population of nearly 9,000 faculty and staff, including 2,500 students, trainees, residents, and fellows. The combined School of Medicine and Medical System ("University of Maryland Medicine") has an annual budget of over $6 billion and an economic impact of nearly $20 billion on the state and local community. The School of Medicine, which ranks as the 8th highest among public medical schools in research productivity (according to the Association of American Medical Colleges profile) is an innovator in translational medicine, with 606 active patents and 52 start-up companies. In the latest U.S. News & World Report ranking of the Best Medical Schools, published in 2021, the UM School of Medicine is ranked #9 among the 92 public medical schools in the U.S., and in the top 15 percent (#27) of all 192 public and private U.S. medical schools. The School of Medicine works locally, nationally, and globally, with research and treatment facilities in 36 countries around the world. Visit medschool.umaryland.edu
For over 40 years, researchers in the Center for Vaccine Development and Global Health have worked domestically and internationally to develop, test, and deploy vaccines to aid the world's underserved populations. CVD is an academic enterprise engaged in the full range of infectious disease intervention from basic laboratory research through vaccine development, pre-clinical and clinical evaluation, large-scale pre-licensure field studies, and post-licensure assessments. CVD has worked to eliminate vaccine-preventable diseases. CVD has created and tested vaccines against cholera, typhoid fever, paratyphoid fever, non-typhoidal Salmonella disease, shigellosis (bacillary dysentery), Escherichia coli diarrhea, nosocomial pathogens, tularemia, influenza, malaria, and other infectious diseases. CVD's research covers the broader goal of improving global health by conducting innovative, leading research in Baltimore and around the world. CVD researchers are developing new and improved ways to diagnose, prevent, treat, control, and eliminate diseases of global impact. Currently, these diseases include typhoid, Shigella, E. coli diarrhea, malaria, and other vaccine-preventable infectious diseases. CVD researchers have been involved in critical vaccine development for emerging pathogens such as Ebola and Zika. In addition, CVD's work focuses on the ever-growing challenge of antimicrobial.
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SOURCE University of Maryland School of Medicine | https://www.mysuncoast.com/prnewswire/2022/08/10/new-study-confirms-typhoid-vaccine-safety-immune-response-children/ | 2022-08-10T12:32:14Z |
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