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Californians are weathering what could be the worst heat wave in the state's history as wildfires also rage throughout the state, and the threat of rotating power outages looms.
Western states have sizzled under triple-digital temperatures for a week as an extended record-breaking heat wave settled over the region and the brutal conditions are expected to last through Friday.
"This will be essentially the worst September heat wave on record, certainly in Northern California and arguably for the state overall," UCLA climate scientist Daniel Swain said in a Twitter Spaces discussion Tuesday. "By some metrics, it might be one of the worst heat waves on record, period, in any month, given its duration and its extreme magnitude."
Multiple areas in Northern California saw record-high temperatures over 110 degrees this week, including Sacramento, which saw an all-time high temperature of 116 degrees Tuesday, according to the National Weather Service.
"In some ways, this is the new normal," said Jan Null, a California meteorologist and owner of Golden Gate Weather Services.
The relentless heat wave has driven up demand for power and strained California's energy grid. Though rotating blackouts were avoided Tuesday, hundreds of thousands of Pacific Gas and Electric Company customers in California were warned to prepare for the possibility of a series of controlled blackouts if the energy falls short.
The California Independent System Operator, which manages most of the state's power grid, issued a Flex Alert for the ninth consecutive day Thursday, calling on residents to set thermostats to 78 degrees or higher, avoid using major appliances and turn off all unnecessary lights between 3 p.m. and 10 p.m.
In neighboring Nevada, NV Energy is urging all of its customers to reduce electricity usage through Thursday, saying increased demand amid the heat wave could cause a significant reduction in available energy supply for Nevada from western energy markets.
Hurricane set to pass near Southern California, 'abruptly' ending heat
Relief from the heat was initially expected Thursday, but a rare hurricane set to make the closest pass to Southern California in 25 years is poised to extend the extreme heat and bring powerful winds that could fan already raging wildfires.
With Hurricane Kay forecast to approach the western coastline of Baja California over the next two days, extreme heat, flash flooding, damaging offshore winds and an increased fire threat will escalate across Southern California from Thursday through Saturday.
Temperatures could reach 100 degrees all the way to the beaches of San Diego and Orange counties Friday. Winds could gust over 60 mph as the wind flow around the storm begins to interact with the mountainous terrain of Southern California.
Then, the heat will end "abruptly and unusually" after Friday, the National Weather Service in Los Angeles said.
The hurricane -- or more specifically its fringes -- will bring significant rainfall across Southern California, Arizona, and eventually central California and Nevada into Saturday, the Weather Prediction Center said. This means residents will go from sweltering temperatures to excessive rainfall, which can cause quick rises in creeks and rivers and lead to flash flooding in Southern California and southwest Arizona.
"It's never a good thing to get too much rain all at once, a trait all too common among slow-moving tropical storms," the WPC wrote Wednesday morning. "Thus, the flash flood potential is summarily also rapidly increasing."
Kay should remain a hurricane until it gets to around 250 miles from San Diego -- something only four other storms have done since 1950 -- before weakening as it moves closer, according to CNN meteorologists Derek Van Dam and Judson Jones.
The storm "should reach a point about 150 miles southwest of San Diego Friday night as a weakening tropical storm," the National Weather Service in San Diego wrote Wednesday.
It will make the closest pass to Southern California since 1997's Hurricane Nora.
Wildfires explode as climate change makes heat waves more severe
The climate crisis is increasing how large heat domes can get, Swain, the UCLA climate scientist, said, pointing to the fact that this week's heat wave extends from British Columbia to northern Mexico.
"Climate change has increased the frequency, the intensity, the duration, and also -- this is somewhat new evidence -- the spatial extent of heat waves," Swain said.
The extreme heat also means fires will burn more intensely and for longer.
Numerous fires broke out over the past week and continue to burn in multiple western states, including California, where a prolonged drought has created a hotbed of dry, dense vegetation ready to fuel infernos.
At least four people have died in two different California wildfires that also displaced thousands, burned homes and scorched of acres of land in recent days.
The fast-moving Fairview Fire -- burning in Southern California -- swelled rapidly over parched vegetation and forced hundreds of residents to flee. Two people were killed as the flames spread. As of Wednesday night, the blaze had burned 9,846 acres and was 5% contained, officials said.
To the north, the Mountain Fire burning in Siskiyou County has scorched through 11,690 acres after igniting last week.
Nearby, also in Siskiyou County, two women, ages 66 and 73, died in the Mill Fire, which has burned 3,935 acres and destroyed 118 structures as of Wednesday, according to Cal Fire.
The Mosquito Fire, burning in both El Dorado and Placer counties, began Tuesday and consumed 5,705 acres by Wednesday evening, forcing evacuations.
More than 245,000 acres have collectively burned in 6,100 wildfires in California so far this year, according to Cal Fire.
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Shares of Kohl’s spiked more than 11% Tuesday after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion.
The Wisconsin chain said late Monday that it was in a three-week exclusive takeover period with the owner of Vitamin Shoppe for $60 per share.
The potential buyer, the Franchise Group Inc., which focuses on franchise companies, will make final financing arrangements and complete due diligence before signing off on the deal during that period.
Last month Kohl’s CEO Michelle Gass said that the company had received multiple offers from parties looking to buy the business. At the time the department store chain said that its board was working with Goldman Sachs to explore strategic alternatives, which had included engaging with 25 parties. The board had requested fully-financed final bids to be submitted.
Neil Saunders, managing director at GlobalData Retail, said that while the Franchise Group’s plans are not clear, franchising a department store is much more difficult than franchising a single retail category like vitamins, pet products or furniture. He also pointed out that Kohl’s would by the biggest and most prominent acquisition for Franchise Group, and he’s not sure whether it has the bandwidth to right Kohl’s direction.
Kohl’s struggled with anemic sales before the pandemic. Sales and profits rebounded in 2021, but the department store is now battling higher costs and a pullback from its price conscious shoppers who are being more selective in the face of surging inflation and rising gas prices.
Kohl’s Corp. cut its annual earnings and sales forecast last month after a disappointing first quarter. Sales at stores opened at least year dropped 5.2%.
“There is a lot of work to be done to put Kohl’s on the right track, and we are not entirely convinced that Franchise Group has the expertise to make all the required changes,” Saunders wrote Tuesday.
Kohl’s, however, is now holding “a very weak hand,” which makes it hard to reject the offer.
In May Kohl’s also announced that its shareholders rejected all 10 board nominees pushed by activist investor Macellum Advisors. The hedge fund has urged Kohl’s to explore strategic options, including a sale, if the chain didn’t take action to improve its business and increase its stock price. Macellum Advisors, which owns 5% of Kohl’s shares, had put up its own slate of board nominees.
Kohl’s has more than 1,100 stores in 49 states.
The potential deal between Kohl’s and Franchise Group still needs approval from the boards of both companies.
Shares rose $4.62 to $46.26 Tuesday.
—
AP Retail Writer Anne D’Innocenzio in New York contributed to this report. | https://cw33.com/business/ap-business/kohls-stock-surges-on-buyout-talks-with-franchise-group/ | 2022-06-07T17:26:46Z |
SHENZHEN, China, Sept. 10, 2022 /PRNewswire/ -- On September 9th, VOOPOO unveiled two new products of DRAG series, DRAG H80S and DRAG E60. As products of star series, since VOOPOO released the product preview, it has received extensive attention from global DRAG fans. Compared with the previous VOOPOO products of DRAG series, such as the most popular products DRAG X and DRAG S, DRAG H80S and DRAG E60 are more simplified in design and vaping experience.
Integrated Design, Easy to Enjoy Professional Device
From the compact appearance, air adjusting rotating gear, oil-filling hole and magnetic battery cover are all integrated into the body of two new products, which is more tactile and comfortable in grip. DRAG H80S is the most compact DRAG ever. The integrated design makes DRAG H80S 15% smaller in size. DRAG E60, with special mini shape and streamlined unibody of leather and metal.
The pod of DRAG H80S and DRAG E60 equipped with adjustable pod airflow, just rotate the pod to adjust the airflow with asymmetric air inlets. Besides, different from DRAG S and DRAG X, there is no need to pull out the pod or press the silicone plug, just unscrew the cover of mouthpiece, and fill e-liquid from the oil filling hole.
New Power Mode and Large Capacity, Lasting and Economic
Equipped with 2550mAh built-in large battery, DRAG E60 meets the needs of long-time vaping. DRAG H80S is compatible with single 18650 external battery.
The two products have the innovative ECO mode. It provides you more lasting vaping experience. Activating the ECO Mode enlarges 10% more vaping puffs, which meet the needs under low battery capacity.
When the battery capacity is 40% left, the interface will indicate the ECO Mode button. And you can choose whether to enter.
Multiple Innovations, Enhanced Vapor and Upgraded Flavor
DRAG H80S and DRAG E60 are originally designed with the airway with a basin structure, which gathers smooth and soft airflow. The basin also holds the condensate for easier cleaning.
The new PnP coil was ingeniously upgraded in structure design, in which the Dual in One Tech fastens the temperature rise and effectively atomizes every e-liquid and realizes a rich cloud and fine taste. Meanwhile, it improves the atomization efficiency by consuming less e-liquid.
DRAG H80S and DRAG E60 renew your impression on DRAG series at the first look and refresh experience in vaping!
WARNING: This product may be used with e-liquid products containing nicotine. Nicotine is an addictive chemical.
About VOOPOO
VOOPOO was established in 2017 and has rapidly risen through DRAG products, which have been widely acclaimed globally in a short period of time. As a high-tech enterprise with R&D, design, manufacturing, and branding, VOOPOO has four major product series — ARGUS, DRAG, VINCI, and V. Currently, VOOPOO has a presence in more than 70 countries in North America, Europe, and Asia.
Website: https://www.voopoo.com/
Instagram: https://www.instagram.com/voopootech_official/
Facebook: https://www.facebook.com/voopooglobal
YouTube: https://www.youtube.com/c/VOOPOO
Tiktok: https://www.tiktok.com/@voopoofans
Shop: https://shop.voopoo.com/
CONTACT: nical.zhang@voopootech.com
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SOURCE VOOPOO | https://www.mysuncoast.com/prnewswire/2022/09/10/new-drag-new-halo-voopoo-drag-new-products-released/ | 2022-09-10T20:25:26Z |
ORLANDO, Fla., Sept. 15, 2022 /PRNewswire/ -- The Kessler Collection celebrated the highly-anticipated grand opening of its second property in South Carolina, Grand Bohemian Lodge Greenville, today. Adding to its portfolio of artistically inspired boutique hotels, the newest hotel offering is a boutique modern lodge overlooking the iconic waterfalls and Falls Park on the Reedy River.
"After years of planning, we're proud to see our vision of natural beauty and tranquil ambiance come to life in downtown Greenville," said Richard C. Kessler, chairman and CEO of The Kessler Collection. "We look forward to introducing the luxurious Grand Bohemian Lodge to our beloved repeat and new guests alike in this emerging destination full of rich heritage.
The ribbon cutting ceremony delighted guests with traditional Native American drum and double flute instrumental sounds, as well as speeches from The Kessler Collection executives, Mayor Knox White, Ken Johnson, regional president for AECOM/Hunt Construction and Christian Sottile of Sottile & Sottile. According to Mayor White, who presented Mr. Richard Kessler a key to the city, "Certainly knew if I could just get Richard Kessler to Greenville, something great would happen. And boy did it." Chairman and CEO Richard C. Kessler said, "As soon as I saw the location on the river I knew there was no question, this would be the site of the hotel." According to Kessler, "We couldn't do a typical hotel, it's too precious of a site in this park. We had to do something special, and this is really an opportunity for us to add something beautiful for the community."
Located in the heart of Greenville, the seven-story property features signature Bohemian interiors designed to reflect the natural beauty of the area. The lodge offers 187 luxury suites and guestrooms, breathtaking views and gathering areas, Kessler's signature Poseidon Spa, $2 million worth of curated artwork, including a Grand Bohemian Art Gallery and upscale dining.
Providing scenic views from the iconic Grand Bohemian Lodge, Between the Trees restaurant is named for its distinctive location overlooking Greenville's waterfalls at Falls Park. Refined and approachable, Between the Trees features modern lodge cuisine, seasonally influenced and classically prepared under the direction of acclaimed Michelin Star Chef Nicolas Abello. Creating classic dishes with modern interpretations, the menu highlights include local agriculture and fish, beef and game, regionally sourced cheeses and artfully refined desserts prepared by an in-house pastry chef. With an engaging open kitchen and full bar, guests are greeted with a warm and inviting atmosphere for both indoor and outdoor dining with inspiring views of Falls Park on the Reedy. Guests can enjoy an intimate or group dining experience around one of the four fireplaces, in a 1,000-bottle wine room or the private dining room featuring an exterior glass wall that opens up to views and sounds of nature.
Overlooking the Liberty Bridge and falls, Sprit & Bower is an upscale bar featuring an outdoor verandah and terrace offering a variety of seating for both dining and lounging, two fireplaces, and a stone firepit; all perfect for sharing good conversation, cocktails and regionally inspired small plates from a shareable menu. Inside features a warm and handsome interior and a display of Spirit & Bower's curated bourbon and whiskey collection with some of the rarest and most coveted spirits in the country. A sleek and elevated stone bar opens up to the exterior, engaging guests and connecting the inside with the beauty and sounds of Falls Park.
Designed to capture the architectural expression of a grand park lodge, the property's beautiful interior space features an extensive collection of Native American and Western art from Richard's private collection of art, gracious gathering areas overlooking Falls Park, and new green space creating a gateway to the Reedy River.
Grand Bohemian Lodge is wandering distance from all the best things to do in Greenville, including a quaint Main Street, bustling art scene, local boutiques, craft breweries and the 22-mile Swamp Rabbit Trail for running, biking and walking. Named Southern Living's The South's Best City on the Rise, Greenville is a year-round playground for guests of all ages.
For more information on the Grand Bohemian Lodge Greenville, visit www.kesslercollection.com/bohemian-greenville/ or call 864.520.5300.
###
The Kessler Collection's portfolio of passionately created and artistically inspired boutique hotels boasts chic design, luxurious accommodations, enriching ambiance and intuitive service. Whether visiting properties in Alabama, Colorado, Georgia, Florida, North Carolina or South Carolina, each hotel's exquisite art, music and cultural influences are deliberately approachable. Designed to inspire mystique and to encourage unforgettable experiences, Kessler guests are immersed in redefined Bohemian luxury, from a cutting-edge downtown icon to a premier luxury lodge, Savannah's entertainment destination and an elite ski lodge. The Kessler Collection was the founding member of the Marriott Autograph Collection, introduced with seven Autograph Collection branded hotels. Each property is a bold, original hotel carefully created with style and the individualist traveler in mind. For more information about The Kessler Collection, please visit kesslercollection.com or call 888.472.6312.
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THE ZIMMERMAN AGENCY • 850.668.2222
KESSLER-PR@ZIMMERMAN.COM
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SOURCE The Kessler Collection | https://www.wibw.com/prnewswire/2022/09/15/kessler-collection-commemorates-grand-opening-newest-property-greenville-sc/ | 2022-09-15T21:26:06Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Acutus Medical, Inc. ("Acutus") (NASDAQ: AFIB) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all purchasers of Acutus common stock between May 13, 2021 and November 11, 2021, inclusive.
If you suffered a loss on your investment in Acutus, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/acutus-medical-inc-loss-submission-form?prid=25731&wire=4
ABOUT THE ACTION: The class action against Acutus includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (a) a material percentage of the Company's AcQMap imaging and mapping systems under evaluation had been randomly installed at sites with little, if any, consideration given to whether the healthcare providers at the selected locations were likely to adopt, or desire, the Company's products; (b) a material percentage of the AcQMap systems under evaluation had been installed in locations where the Company did not possess the infrastructure necessary to appropriately educate, train, and support medical service providers on the system's operations; (c) as a result of (a) and (b) above, defendants were in the process of designing a strategic plan to terminate and relocate approximately 20% of then-existing AcQMap systems evaluation arrangements; (d) the Company's management discussion and analysis was materially false and misleading and failed to disclose that the termination and relocation of approximately 20% of existing AcQMap systems evaluation arrangements was reasonably likely to have a material adverse effect on the Company's 2021 financial results; and (e) the Company's risk factor discussions were materially false and misleading and made reference to potential risks without disclosing that such risks were then-existing or adequately describing the specific nature of the risks then facing the Company.
DEADLINE: April 18, 2022
Aggrieved Acutus investors only have until April 18, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-acutus-investors-lead-plaintiff-deadline-april-18-2022/ | 2022-04-11T10:48:51Z |
SALT LAKE CITY (AP) — Utah Democrats pulling hard to defeat Republican Sen. Mike Lee took the unusual step Saturday of spurning a party hopeful to instead get behind an independent, former presidential candidate Evan McMullin.
Democrats were swayed by calls from prominent members who said McMullin, a conservative who captured a significant share of the vote in Utah in 2016, was the best chance to beat Lee in the deeply conservative state that hasn’t elected a Democratic U.S. senator for more than 50 years.
“I want to represent you. I’m committed to that. I will maintain my independence,” McMullin told Democratic delegates.
Lee also faced two GOP challengers at his party’s nominating conventions. He handily won in front of the right-leaning crowd with over 70% of the vote. But those candidates will still appear on the primary ballot because they used the state’s other path to the primary ballot and gathered signatures.
Former state lawmaker Becky Edwards garnered about 12% of the vote Saturday. Former gubernatorial deputy chief of staff Ally Isom came in third.
Lee’s relationship with former president Donald Trump has been front and center since CNN reported on text messages showing that the senator was involved in early efforts to overturn the results of the 2020 election, though Lee later pivoted and voted to confirm the election results after no widespread fraud emerged.
“I did my job,” Lee said about the messages. “I did my job the way that I’ve always promised I would go about doing my job.”
McMullin is a former CIA officer ran for president in 2016 and made inroads in the deeply conservative state where where many GOP voters had reservations about then-candidate Trump. Lee himself cast a protest vote for McMullin, though he later became as staunch Trump ally, and the former president has endorsed him.
A Democrat ran for the nomination, Kael Weston, but the pro-McMullin camp ultimately convinced party delegates to nominate no one, clearing the path for the independent as much as possible. His supporters included prominent Democrats like former Congressman Ben McAdams.
“I know Evan. I trust Evan,” McAdams told delegates during the contentious debate, framing McMullin as the best possible chance to unseat Lee in a state where Republicans outnumber Democrats 4-to-1.
Republican Party Chair Carson Jorgensen took aim at the Democrats’ decision, arguing it showed a weakness in the other party’s platform. “We as Republicans, now’s our time to shine,” he said. “I don’t know if everyone quite understands the gravity of this.”
Also Saturday, moderate Republican Congressman John Curtis was forced into a primary, coming in second in a crowded field that included a challenger who brought in longtime Trump confidant Roger Stone. The effort didn’t carry candidate Jason Preston beyond the first round of voting, however. | https://cw33.com/news/politics/ap-politics/utah-democrats-choose-independent-as-candidate-for-us-senate/ | 2022-04-24T17:31:04Z |
RetailMeNot's Summer of Savings Will Give Shoppers the Chance to Save on Everything They Need for Summer's Memorable Moments
AUSTIN, Texas, June 1, 2022 /PRNewswire/ -- Today, RetailMeNot is kicking off summer shopping with the announcement of its Summer of Savings to help shoppers save on everything they need for the upcoming gifting, hosting and travel season while earning money back along the way.
Shoppers are eagerly anticipating a season of celebrating milestones and making memories with their loved ones, and according to recent RetailMeNot's research, 70% of Americans plan to attend a celebration this summer. To help these shoppers save money, RetailMeNot's Summer of Savings will offer coupons, deals and cashback offers available at favorite stores including the Home Depot, buybuy Baby, eBay and more. Whether shoppers need to find the perfect wedding gift, re-book winter travel plans, or refresh the home with hosting essentials, they can shop with confidence during the Summer of Savings.
"Summer has arrived and with the new season comes lots of milestones as we get back to normal, which means lots of celebrations. We want to help make shopping for these celebrations easier by hosting our Summer of Savings to help consumers save money," says Kristin McGrath, Shopping Expert at RetailMeNot. "In a time when inflation is causing stressed budgets, RetailMeNot wants to help you kick off your vacations, events and gatherings by giving shoppers the chance to earn money back while they shop. Our Summer of Savings will bring cash back and discounts from favorite retailers so you can celebrate all of the special moments this summer, while saving at the same time."
See below for some of the exciting offers that will be available throughout the month:
- Up to 12% cash back at Home Depot
- Deals of up to 50% off your living space with eBay
- Up to 12% cash back at buybuy Baby
To shop RetailMeNot's Summer of Savings, visit www.retailmenot.com to access the awesome deals.
The Ziff Media Group Shopping Survey was conducted between April 6 and 7, 2022, among 1,116 nationally representative Americans ages 18 and up.
RetailMeNot is a leading savings destination bringing people and the things they love together through savings with retailers, brands and restaurants. RetailMeNot makes everyday life more affordable through online and in-store coupon codes, cash back offers, and the RetailMeNot Deal Finder™ browser extension. To learn more, visit https://www.retailmenot.com/corp or follow @RetailMeNot on social media.
Ziff Davis (Nasdaq: ZD) is a vertically focused digital media and internet company whose portfolio includes leading brands in technology, entertainment, shopping, health, cybersecurity, and martech. For more information, visit www.ziffdavis.com.
Press Contact:
ALISON BROD MARKETING + COMMUNICATIONS
retailmenot@alisonbrodmc.com
212-230-1800
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SOURCE RetailMeNot | https://www.mysuncoast.com/prnewswire/2022/06/01/retailmenot-kicks-off-new-season-with-summer-savings/ | 2022-06-01T15:36:36Z |
WASHINGTON (AP) — Treasury Secretary Janet Yellen on Wednesday warned that a failure to place a price cap on Russian oil would hurt the global economy.
“Without a price cap, we face the threat of a global energy price spike if the majority of Russian energy production gets shut in,” Yellen said at the start of a meeting with her British counterpart, Nadhim Zahawi.
The European Union has decided to ban nearly all oil from Russia by the end of the year. It also will ban insuring and financing the maritime transport of Russian oil to other countries. Unless a price cap is implemented, prices will almost certainly spike.
The U.K. and other Group of Seven countries tentatively agreed in June to pursue a ceiling on the price of Russian oil. Getting as many other nations as possible to agree to join a buyers’ cartel has been one of Treasury’s main objectives as it seeks to curb Russia’s ability to finance its war in Ukraine.
Yellen said there has been “substantial progress” toward making the price cap a reality and she was optimistic it would happen.
Zawahi, who became chancellor of the Exchequer on July 5, said Britain intends to “influence key nations” to join the plan.
The Kremlin’s main pillar of financial revenue — oil — has kept the Russian economy afloat despite export bans, sanctions and the freezing of central bank assets.
Limiting the price would reduce the Kremlin’s income from oil, and a cap would encourage the country to continue producing, Treasury officials have said. World leaders fear that Russia could, however, constrict its energy supply in retaliation, causing prices to spike.
Yellen said a price cap also would limit the impact of higher oil prices on inflation in consuming countries, with the cost of gasoline and diesel still squeezing consumers and businesses hard, especially in Europe.
To be effective, participating countries would have to collectively agree to purchase the oil at a lower-than-market price.
China and India, two countries that have largely resisted signing onto efforts to punish the Kremlin and have maintained business relationships with Russia during the war, will need to get on board.
Zawahi said “there is obviously some more to be done and we’re ready to work in particular to persuade more countries to support the measure,” citing India, Turkey, South Africa and others as possible participants.
Treasury leaders have been visiting allies and neutral parties in the war to call for their participation, even if informally.
Yellen traveled to the Indo-Pacific in July and Treasury Deputy Secretary Wally Adeyemo met with government ministers and business leaders in India in mid-August, in part to push for the price cap.
The Biden administration is keeping a close eye on the progress of the talks.
“We believe it’s not only an idea worth exploring, it’s an idea worth implementing,” John Kirby, a national security spokesman, told reporters Wednesday. “And we look forward to hearing what the finance ministers say at the end of the week.”
__
Associated Press reporter Aamer Madhani contributed to this report.
__
Follow AP’s coverage of Russia’s war in Ukraine at
https://apnews.com/hub/russia-ukraine. | https://cw33.com/business/ap-business/ap-yellen-warns-of-failure-to-agree-on-russia-oil-price-cap/ | 2022-09-01T03:44:20Z |
(NEXSTAR) – The very first Taco Bell location was no bigger than a two-car garage. It didn’t have indoor seating, it didn’t have a drive-thru, and it certainly didn’t have Doritos Locos Tacos, supreme or otherwise.
It did, however, have several menu items that are nowhere to be found among Taco Bell’s current offerings, including a “chili burger.”
Glen Bell, the chain’s founder, opened his first Taco Bell in Downey, California, in 1962. Bell had previously operated a number of fast-food restaurants throughout the ‘50s — including Bell’s Drive-In and Taco Tia — but he was envisioning something altogether different for Taco Bell. Specifically, he had an idea for a small walk-up taco stand surrounded by “shops, live music and fire pits,” according to Taco Bell.
The resulting restaurant, with its fire pits and a live-performance area in the back, bore little resemblance to the Taco Bells of today. There was also a walk-up window — and only a walk-up window — where customers could order whatever their hearts desired, so long as they desired one of five menu items.
The earliest official Taco Bell menu offered frijoles, tostados, chili burgers, burritos (red or green) and tacos, all for 19 cents apiece. Each of these items stuck around well into the ‘70s, while Bell and his franchisees went about expanding the chain throughout California and beyond.
Of course, there were a few changes along the way. In a photo of the restaurant’s overhead menu circa the early ‘70s, prices had jumped to a whopping 25 cents. “Tostados” also became “tostadas,” and “chili burgers” gave way to “Bellburgers,” which were described as having ground beef, lettuce, tomato and a “famous” Taco Bell sauce.
Many of these items persisted for decades in one form or another, but today only tacos and burritos remain from the first Taco Bell menu, and even those have evolved from their original incarnations.
But not everything has changed. The original Taco Bell restaurant, which closed in 1986, is still intact after being saved from demolition and moved to the Taco Bell headquarters in Irvine, California. (Good luck ordering a chili burger, though.) | https://cw33.com/news/taco-bells-first-restaurants-only-offered-5-items-and-most-are-no-longer-on-the-menu/ | 2022-04-11T23:39:51Z |
A purely returns-based analysis in 2021 illuminated sources of risk and alpha
SUMMIT, N.J., May 23, 2022 /PRNewswire/ -- Markov Processes International, Inc. ("MPI"), a leading independent FinTech provider of software and services for analyzing investment performance and risk, today announced that their September 2021 analysis of the Structured Alpha fund has again been at the forefront of investment reporting this week after Allianz's recent admission of fraud and the sale of its U.S. asset management business to Voya.
MPI's original quantitative analysis utilizing its Stylus Pro software, with patented Dynamic Style Analysis ("DSA"), revealed that the fund was effectively selling market crash insurance and putting investors' money at risk in the case of market collapse. The steady "alpha" that attracted investors, was nothing more than a stream of option premiums as long as markets remained tranquil - but there was little to indicate that investors in the fund would be protected if a significant market downturn were to occur. As such, investors utilizing such an analysis could have anticipated that they might get burned during a big sell-off (and that their apparent alpha was contingent on an insurance bet).
"The purpose of our analysis into Structured Alpha last Fall was not to play Monday morning quarterback, but to show investment analysts how complex strategies that employ derivatives, leverage and highly dynamic trades can still be well explained by returns-based factor analysis. Efficient and cost-effective quantitative analysis and monitoring of investment products should be a central component of any due diligence around such products, as it is for regulators like the SEC, compliance, auditing and risk professionals and institutional investors," said Michael Markov, CEO and co-founder of MPI.
For information on MPI's flagship software product, visit the MPI Stylus Pro page. For further information, please contact MPI at +1 (908) 608-1558 or info@markovprocesses.com.
About MPI:
Markov Processes International Inc. (MPI) is a leading provider of solutions for investment research, analysis and reporting to the global wealth and investment management industry. MPI works with more than 250 client organizations, including pensions and endowments, sovereign wealth funds, global wealth management firms, institutional consultants, regulators, investment advisors and asset managers. Rooted in the principles of transparency, objectivity and efficiency, MPI takes an innovative approach to problem solving in the areas of fund analysis, risk management, asset allocation and reporting to ensure that its clients have the tools to succeed in ever-crowded markets. Follow us on Twitter @MarkovMPI and connect with us on LinkedIn.
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JEFF SCHWARTZ
jschwartz@markovprocesses.com
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SOURCE MARKOV PROCESSES INTERNATIONAL INC. | https://www.mysuncoast.com/prnewswire/2022/05/23/mpis-analysis-allianz-structured-alpha-provides-key-lessons-asset-owners/ | 2022-05-23T09:17:19Z |
MSBA celebrates Amy Lorenzini appointment to St. Mary's County Circuit Court & Randolph Sergent designation to serve as Chair of the Maryland Healthcare Commission
BALTIMORE, May 17, 2022 /PRNewswire/ -- The Maryland State Bar Association (MSBA) applauds the recent nominations of Amy Lorenzini to the Circuit Court for St. Mary's County and Randolph Sergent to Chair the Maryland Healthcare Commission.
In 1896, the MSBA was founded by the Chief Judge of the Court of Appeals of Maryland, James McSherry. During the last 125 years, MSBA members and leaders have ascended to prominent roles in business, politics, judiciary, academia, and more. Recently, U.S. President Joseph R. Biden selected MSBA President-Elect Erek Barron to serve as U.S. Attorney for Maryland.
Natalie McSherry, President of the MSBA, released the following statement:
"The MSBA congratulates Amy Lorenzini and Randolph Sergent on their recent nominations to serve on the Circuit Court for St. Mary's County and appointment to serve as Chair of the Maryland Healthcare Commission, respectively. Both individuals are perfect examples of top-achieving MSBA leaders serving in prominent positions in our community. We are proud to work with the best and brightest in the Maryland legal profession and strive to continue our tradition of elevating key leaders to the highest roles."
Amy Lorenzini has been an attorney with the Prince Frederick firm of Cumberland & Erly, LLC, for the past 17 years, serving as managing partner for the past eight years. Ms. Lorenzini has a general practice that includes a variety of civil and criminal circuit court litigation. She has been regularly appointed by the court to represent individuals in guardianship matters, children in adoption and custody matters, and military personnel.
Randolph S. Sergent, is Vice President and Deputy General Counsel for CareFirst BlueCross BlueShield, where he has been employed since 2010. Prior to joining CareFirst, Mr. Sergent was a partner at Venable, LLP. Mr. Sergent also has served in the Maryland Attorney General's Office as Deputy Counsel to the Maryland Insurance Commissioner and as Assistant Attorney General in the Civil Litigation Division.
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SOURCE Maryland State Bar Association | https://www.mysuncoast.com/prnewswire/2022/05/17/maryland-state-bar-association-leaders-members-continue-ascend-important-positions-business-government-judiciary/ | 2022-05-17T19:09:49Z |
Amber Heard has finished testifying on direct examination in the $50 million defamation case with ex-husband Johnny Depp on Monday, following a week-long break in proceedings.
Depp's attorneys began cross-examination of Heard on Monday afternoon.
Depp has accused Heard of defaming him in a 2018 op-ed for the Washington Post. In the piece, which published roughly two years after they divorced, Heard described herself as a "public figure representing domestic abuse." Though Depp was not named in the article, he claims it cost him lucrative acting roles.
Heard has filed a counterclaim for $100 million.
'Every word of it was true'
On Monday, Heard testified about the op-ed at the center of the case. She said she did not want Depp's name in piece, originally drafted by the ACLU, but agreed to have it published in her name because she believed in raising awareness for the issues addressed in the op-ed.
"Every word of it is true," Heard said.
Heard testified she had no role in writing the headlines that ultimately ran with the piece online and in the print edition but was proud of the version that appeared in the paper.
The end of their marriage
Heard testified that Depp's drug use and alleged physical abuse led her to file for divorce from him in 2016, after a little over a year of marriage.
"I knew if I didn't, I'd likely not literally survive. I was so scared that it was going to end really badly for me, and I really didn't want to leave him. I loved him, so much," Heard said. "The violence was now normal and not the exception."
Heard also testified about why she did not cooperate with police when they came to the couple's Los Angeles home shortly after an altercation between them in May 2016.
"Why didn't you want to cooperate with the police?" Heard's attorney Elaine Bredehoft asked.
"Because I wanted to protect Johnny. I didn't want him to be arrested. I didn't want this to come out. I didn't want him to be in trouble," Heard testified.
'I want to move on'
Heard also testified about her counterclaim, which revolves around three statements that Depp's attorney made, the first in 2019, in reference to Heard's claims of abuse, each time calling her claims a "hoax."
"Unfortunately, all of this is real," Heard testified. "Johnny and I lived this. We lived through this. I lived through this and I narrowly survived it but I survived it."
Heard testified that her scenes in the upcoming sequel to "Aquaman," titled "Aquaman and the Lost Kingdom," were reduced since those statements were made.
"I fought really hard to stay in the film," Heard testified. "I was given a script and was given new versions of the script. They basically took a bunch out of my role."
CNN has reached out the Warner Bros., the studio behind "Aquaman" franchise, for comment. (CNN and Warner Bros. are both part of Warner Bros. Discovery.)
Heard testified that she didn't want to be part of the trial that has forced her to relive painful, personal experiences she had tried to keep private.
"I have a baby, I want to move on. I want Johnny to move on, too," Heard said. "I just want him to leave me alone."
Closing arguments in the trial are expected to begin around May 27, followed by jury deliberations.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/amber-heard-testifies-her-role-in-aquaman-2-was-reduced-after-johnny-depps-attorney-called/article_15219430-65f6-5baf-8f3d-726046efe1f8.html | 2022-05-16T21:41:58Z |
SAN DIEGO, May 23, 2022 /PRNewswire/ -- Ascent Funding, a leader in outcomes-based lending and student success, announced the launch of its fourth annual 50 Days of $1,000 Scholarships Giveaway. Starting today, students can enter for a chance to win a $1,000 no-essay scholarship from Ascent every weekday through Monday, August 2nd.
"Our 50 Days of $1,000 Scholarships Giveaway is back and better than ever," said Ascent's Chairman and Chief Executive Officer, Ken Ruggiero. "Our team has great opportunities planned for students this summer, leveraging direct feedback from students over the last four years. We look forward to this campaign every year, and we hope students and parents are excited too."
Students (18+), including Deferred Action and Childhood Arrivals (DACA) and international students studying at U.S.-based institutions, can enter for a chance to win a $1,000 no-essay scholarship from Ascent on social media and by completing an entry form. New scholarship tasks will launch every weekday through August 2nd and remain open for 24 hours or through the weekend if the scholarship task opens on a Friday.
"Since first launching the campaign in 2019, Ascent has optimized its scholarship giveaway process and increased the number of award opportunities over 50 weekdays based on feedback from students," said Ascent's Director of Content and Brand, Alicia Chavez. "After receiving feedback from students, we will award an extra $1,000 scholarship every Tuesday throughout the duration of the giveaway."
In addition to Ascent's 50 Days of $1,000 Scholarships Giveaway, students can also enter for a chance to win Ascent's other scholarship opportunities, such as its Community Champions Scholarship Giveaway. Ascent's Community Champions Scholarship empowers students to share how they give back to their communities.
Students do not need an Ascent loan to apply for its scholarship giveaways.
To learn more about Ascent's 50 Days of $1,000 Scholarships Giveaway, visit www.AscentFunding.com/Summer-Scholarships-Giveaway-2022.
About Ascent Funding
Ascent Funding is an award-winning company committed to student success. Ascent is revolutionizing the way students and families plan for, pay for, and succeed in higher education at more than 2,600 traditional schools and coding bootcamps.
Contact for Press Inquiries
Alicia Chavez | Director, Brand & Content Marketing
partner@ascentfunding.com
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SOURCE Ascent Funding | https://www.mysuncoast.com/prnewswire/2022/05/23/ascent-funding-announces-fourth-annual-50-days-1000-scholarships-giveaway/ | 2022-05-23T13:56:38Z |
WASHINGTON (AP) — Intelligence officials had gathered to brief select members of Congress on future threats to U.S. elections when a key lawmaker in the room, No. 3 House Republican Elise Stefanik of New York, tried to move the discussion to a new topic: Hunter Biden’s laptop.
Stefanik, who serves on the House Intelligence Committee, asked the officials during the April 1 briefing whether they had any evidence of Russian involvement in the release of Biden’s laptop to the news media in the fall of 2020 — a possibility floated by high-ranking former government officials in the weeks before the presidential election. Intelligence officials told Stefanik the question would be better answered by law enforcement.
Stefanik’s query, shared with The Associated Press by a person who spoke on the condition of anonymity to discuss the classified meeting, reflects a widespread sentiment in the GOP that questions about the financial dealings of President Joe Biden’s son remain unanswered. And they say they intend to do something about it.
As Republicans prepare for a possible return to power amid rising hopes of winning the House and the Senate in the November elections, they are laying the groundwork to make Hunter Biden and his business dealings a central target of their investigative and oversight efforts.
Republican lawmakers and staff have discussed analyzing specific messages and financial transactions found on the laptop and have also discussed issuing congressional subpoenas to foreign entities involved in paying Hunter Biden, according to people familiar with the matter who were not authorized to speak publicly and spoke on the condition of anonymity. The conversations have been in the early stages but have included talks of bringing on Republican lawyers and former Justice Department officials to help lead the investigations, the people said.
The White House in turn is preparing to defend the Democratic president from any allegations of wrongdoing and make the case that Republicans are driven by opportunism. Democrats are likely to point out how Republicans did not seek investigations into President Donald Trump’s own business pursuits in Russia and China or into the foreign dealings of his children and son-in-law while they held key campaign or White House roles.
It all raises the possibility of a messy, politically explosive showdown between a GOP-controlled Congress and the White House, one that could delve deeply into the affairs of the president’s family and shape the contours of the 2024 race for the White House.
Hunter Biden’s taxes and foreign business work are already under federal investigation, with a grand jury in Delaware hearing testimony in recent months. While he never held a position on the presidential campaign or in the White House, Hunter Biden’s membership on the board of a Ukrainian energy company and his efforts to strike deals in China have long raised questions about whether he traded on his father’s public service, including reported references in his emails to the “big guy.”
Joe Biden has said he’s never spoken to his son about his foreign business. And there are no indications that the federal investigation involves the president in any way. The White House declined to comment, and a lawyer for Hunter Biden did not respond to an email.
Republican leaders see Hunter Biden as a unifying force that can bring together different factions of the GOP and potentially satiate those calling for more dramatic action. Some members of the hard-line House Freedom Caucus have said the first order of business for a Republican majority should be an impeachment trial of Joe Biden in retaliation for the two impeachments of Trump.
There’s also increasing discussion among Republicans about urging the Justice Department to appoint a special counsel, said people familiar with the matter.
“Hunter Biden’s fair game because I believe Hunter Biden is a national security risk,” said Rep. James Comer of Kentucky, who is in line to take over the House Oversight Committee if Republicans win the House. “Hopefully, when I get the gavel, we’ll take it a step further.”
In preparation, Comer’s oversight staff has already begun to make document requests and archived information related to the president’s son.
The New York Post first reported in October 2020 that it had received from Trump’s personal attorney, Rudy Giuliani, a copy of a hard drive of a laptop that Hunter Biden had dropped off 18 months earlier at a Delaware computer repair shop and never retrieved.
The story was greeted with skepticism due to questions about the laptop’s origins, including Giuliani’s involvement, and because top officials in the Trump administration had already warned that Russia was working to denigrate Joe Biden ahead of the November election. The Kremlin had also interfered in the 2016 race by hacking Democratic emails that were subsequently leaked.
Republicans on the House Intelligence Committee now want to probe the origins of a widely shared letter from 50 former intelligence officials released a week after the New York Post story. The letter claimed the laptop carried “all the classic earmarks of a Russian information operation” and suggested that “the Russians are involved in the Hunter Biden email issue.”
Joe Biden in the second presidential debate, responding to Trump’s reference to the “laptop from hell,” said “there are 50 former national intelligence folks who said that what he’s accusing me of is a Russian plant.” That statement went further than the letter, though it was immediately and widely reported as having labeled the laptop as disinformation. Trump and many Republicans accused Biden of invoking Russia to avoid scrutiny about his son.
No evidence has emerged since of any Russian connections to the laptop or the emails. A declassified U.S. intelligence assessment of the 2020 election alleged that Russian leader Vladimir Putin authorized multiple efforts in support of Trump. Russian state media amplified “disparaging content” about Biden “including stories centered on his son,” the assessment said, which also alleges Putin had “purview” over the activities of a Ukrainian lawmaker who met with Giuliani.
Giuliani’s attorney, Robert Costello, called allegations that the Russians were behind the laptop “absurd.” Stefanik in a statement said “any alleged attempt by the intelligence agencies or intelligence community leadership to portray the facts surrounding Hunter Biden’s laptop as misinformation needs to be investigated and prosecuted.”
Meanwhile, GOP Sens. Ron Johnson of Wisconsin and Chuck Grassley of Iowa, who in 2020 issued a report on Hunter Biden and his work on behalf of Ukraine gas company Burisma, recently made a presentation on the Senate floor laying out allegations they say the media have ignored but the Justice Department and Congress need to investigate.
“The Biden administration has been totally unresponsive to our oversight requests,” Grassley said.
For now, the Biden administration and many top Democrats are not commenting publicly on Hunter Biden. But the White House has already reassigned communications staff to prepare to respond to GOP investigations of Hunter Biden and other likely targets, including the origins of the coronavirus and the American withdrawal from Afghanistan.
Democrats are expected to argue that Hunter Biden is ultimately a distraction to most voters concerned about domestic issues. The current House Oversight chair, Rep. Carolyn Maloney of New York, previewed that argument in a statement responding to Comer, her Republican counterpart.
Said Maloney: “I’d hope my colleagues on the other side of the aisle would be more focused on delivering for the American people than on phony outrage.”
___
Associated Press writer Michael Balsamo contributed to this report. | https://cw33.com/news/politics/ap-politics/hunter-biden-is-prime-target-if-republicans-win-congress/ | 2022-04-26T05:31:54Z |
New zero-footprint integration puts leading real-time guidance platform directly into Salesforce for simplified app management and improved agent productivity.
ST. LOUIS, Sept. 9, 2022 /PRNewswire/ -- Balto, the leader in uniting contact center agents with AI for better conversations, is pleased to announce the launch of its next-gen integration: an embeddable "single pane of glass" Balto experience for Salesforce. The new app-free version of Balto creates seamless, hands-off integration — minimizing technical interference for IT teams and streamlining agent workflows for higher productivity and efficiency.
"Every contact center leader is well aware that agents struggle to manage too many systems across too many screens with too little screen real estate. In this new era where agent experience reigns supreme and where keeping agents happy more closely drives business outcomes than ever before, contact centers everywhere are trying to simplify the agent experience and help them focus on what's most important: productive conversations with their customers that serve both the customer and the business," said Marc Bernstein, Balto CEO. "Balto's single pane of glass integration is a major milestone toward our vision of building a hyper-intelligent agent desktop and reduces agent effort to engage with our technology to nearly zero."
Real-Time Guidance right where you need it, in a single pane of glass within the world's most popular CRM, Salesforce.
Today, most contact centers have multiple agent productivity applications running concurrently. In fact, according to a recent ICMI survey, 80% of agents report using four or more applications for customer interactions, with 21% using 10 to 15.1 This creates visual clutter for agents, slows workflows, induces stress, and clogs up limited desktop computer resources, a bane for IT teams.
Since 2017, Balto has been a standalone application that runs alongside Salesforce. Now, Balto can be directly embedded into the CRM — no separate desktop application required. Balto automatically runs when calls begin, so there's no more manually starting and stopping the process. And agents don't have to adjust the windows on their screen. It's in the same pane as their Salesforce CRM instance.
"Agents no longer have to open a separate application to get the benefits of real-time guidance on their calls," said Mike Goldstein, Balto CTO. "Agents now have Balto within the CRM they see every day so that using Balto is a part of their normal workflow. This means a simpler screen set up, fewer clicks, and getting suggestions from Balto automatically."
In addition, because the embedded version is cloud-based, IT teams never have to push application updates. The new Balto is always up to date, reducing security risks for organizations.
"It's always going to be there to save you," said one agent at a leading national health insurance company. "If you're in a situation where your manager or supervisors are not available and you're lost as to what to say, you have Balto there 24/7."
Balto's new embeddable version can be dropped into any instance of Salesforce. This also enables Balto availability on Chromebooks and other low-powered machines often prescribed to agents in remote environments.
Organizations that cannot embed the new version will still have access to the traditional Balto desktop experience and seamless integrations.
Balto unites agents with AI to enable better conversations that deliver results. Top-performing contact centers trust Balto's real-time guidance enterprise solution to prevent missed sales opportunities, costly compliance mistakes, and negative customer experiences. Today, Balto has guided over 150 million calls, provided over 185 million real-time recommendations, and driven millions in increased revenue. Balto.ai
1. ICMI & NICE (2022, July) Survey: State of the Agent Experience and Engagement. The Post-Pandemic Agent Experience: What's Changed and What Needs to Change?
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SOURCE Balto | https://www.wibw.com/prnewswire/2022/09/09/balto-now-embedded-inside-salesforce-single-pane-glass-experience-unleashing-agent-performance/ | 2022-09-09T12:59:35Z |
McDonald’s said Monday that it has started the process of selling its Russian business, which includes 850 restaurants that employ 62,000 people, making it the latest major Western corporation to exit Russia since it invaded Ukraine in February.
The fast food giant pointed to the humanitarian crisis caused by the war, saying holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.”
The Chicago-based company announced in early March that it was temporarily closing its stores in Russia but would continue to pay employees. On Monday, it said it would seek to have a Russian buyer hire those workers and pay them until the sale closes. It did not identify a prospective buyer.
CEO Chris Kempczinski said the “dedication and loyalty to McDonald’s” of employees and hundreds of Russian suppliers made it a difficult decision to leave.
“However, we have a commitment to our global community and must remain steadfast in our values,” Kempczinski said in a statement, “and our commitment to our values means that we can no longer keep the arches shining there.”
As it tries to sell its restaurants, McDonald’s said it plans to start removing golden arches and other symbols and signs with the company’s name. It said it will keep its trademarks in Russia.
The first McDonald’s in Russia opened in the middle of Moscow more than three decades ago, shortly after the fall of the Berlin Wall. It was a powerful symbol of the easing of Cold War tensions between the United States and Soviet Union.
McDonald’s was the first American fast food restaurant to open in the Soviet Union, which would collapse in 1991. McDonald’s decision to leave comes as other American food and beverage giants including Coca-Cola, Pepsi and Starbucks have paused or closed operations in Russia in the face of Western sanctions.
Corporations from British energy giants Shell and BP to French carmaker Renault have pulled out of Russia, taking a hit to their bottom lines as they seek to sell their holdings there. Other companies have stayed at least partially, with some facing blowback.
McDonald’s said it expects to record a charge against earnings of between $1.2 billion and $1.4 billion over leaving Russia.
Its restaurants in Ukraine are closed, but the company said it is continuing to pay full salaries for its employees there.
McDonald’s has more than 39,000 locations across more than 100 countries. Most are owned by franchisees — only about 5% are owned and operated by the company.
McDonald’s said exiting Russia will not change its forecast of adding a net 1,300 restaurants this year, which will contribute about 1.5% to companywide sales growth.
Last month, McDonald’s reported that it earned $1.1 billion in the first quarter, down from more than $1.5 billion a year earlier. Revenue was nearly $5.7 billion. | https://cw33.com/news/nexstar-media-wire/mcdonalds-to-leave-russia-plans-to-sell-business/ | 2022-05-21T15:47:35Z |
PITTSBURGH, April 11, 2022 /PRNewswire/ -- "I get very frustrated when I go to use the buttons on the side of my phone because they blend in," said the inventor from Las Vegas, Nev. "I thought of this idea to help show where the buttons are on a phone so that it is easier to find them."
She created the patent-pending COLOR BUTTONS to create a mobile phone case with color-coded markings on or around the main control buttons that would provide users with a fast way to locate the buttons in order to use them. The invention could also help individuals that may have perception disabilities. Additionally, this could be produced in a variety of colors and designs.
The original design was submitted to the Las Vegas sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-LGT-127, 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/2022/04/11/inventhelp-presents-color-coded-phone-case-lgt-127/ | 2022-04-11T17:08:56Z |
Survey finds travelers rapidly booking cruise travel one year after the return of sailing from the United States.
WILMINGTON, Mass., July 26, 2022 /PRNewswire/ -- Cruiseline.com and Shipmate released the findings of their 2022 Member Survey. These results come just on the heels of the first anniversary of the return of cruising from the United States. Questions in this survey center on participants' cruise history, intent to cruise within the next year, and preferred travel booking preferences.
This survey presented a unique data set as we look ahead at cruising next year, with most major lines having all the vessels in their fleet back at sea. In addition, it provides insight into consumer confidence in cruising at this pivotal time for the industry and traveler purchase and planning habits.
The majority of participants who took this survey were frequent cruisers, with 69% percent reporting they have previously been on at least seven or more sailings, 17% with four to six cruises, 8% have taken two to three cruises, and 3.5% had taken at least one cruise. Over 60% of all participants have reported previously cruising with Carnival Cruise Line and Royal Caribbean, over 40% have sailed with Norwegian Cruise Line, and over 30% with Princess Cruises. 89% of participants have cruised in the Caribbean region, with other previously-cruised destinations being Alaska, Pacific Coast (Mexico), and Europe.
Of the travelers participating in this survey, 91.4% reported they plan to take a cruise within the next year, 2.5% said they would not cruise in the next year, and 6.1% are currently undecided if they will cruise in the next year.
"The numbers from our survey clearly show that travelers are feeling comfortable in cruising once again and are taking the next steps of researching and booking upcoming voyages," said Jamie Cash, General Manager of Cruiseline.com. "Despite many obstacles, the cruise industry has come a long way in the last year, and this data provided by our community shows that the consumer demand for cruising is strong."
Of the 91.4% who marked they intend to cruise within the next year, respondents shared more data on upcoming travel plans:
- When Are Travelers Cruising? Over 34% of participants will cruise within the next two to four months, 30% will cruise in the next five to twelve months, and under 30% have cruises booked within the next 60 days. 46% of these travelers have between two and four upcoming sailings booked.
- Which Cruise Lines? 37.9% will sail with Carnival Cruise Line, 35.9% with Royal Caribbean International, 21.45% with Norwegian Cruise Line, 17.5% with Celebrity Cruises, and 17% with Princess Cruises. Coming in just behind these lines in booking/intent was Holland America Line, MSC Cruises, Disney Cruise Line, and Virgin Voyages.
- What Duration of Cruise Booked? 13.4% indicated they are booking four to six day cruises and 42.5% of travelers will cruise on a 7-night voyage. 31.5% will sail between 8 and 14 days, and 10% report they will cruise for 15+ days. Short cruises of 3 days or less only accounted for 2.6% of future cruises booked.
- Where Will You Cruise To? 54.6% plan to cruise in the Caribbean, 36.1% in Europe, 31% in Alaska, and 21.7% will cruise in Hawaii, other intended cruise destinations include Canada/New England, Mexico (Pacific Coast), Bermuda, and Australia/New Zealand.
- How Many Future Cruises Do These Travelers Have Booked? 46% of this group have two to four cruises booked, 28.5% have one cruise booked, 13% have zero booked, 8.6% have 5-7 booked, 3.6% have eight or more booked, and the remaining .3% responded with varying numbers booked.
This survey also studied the 6.1% of those who reported they were undecided about cruising and the 2.5% who said they would not cruise in the upcoming year. This group was labeled the 'Cruise Sideliners.'
Over 38% said the vaccine requirements stopped them from cruising this year. Additionally, 18.2% of travelers reported they were 'Not Ready to Cruise Yet (but May in the Future).' Over 16% reported that finances were limiting them from cruising at this time, 10% of travelers said that they do not feel safe cruising, and 9.5% reported time as a limiting factor for not cruising. The remaining percentage listed other health and safety protocol, finance-related, and previously booked year-plus voyages as reasons they did not intend to cruise this year.
A large majority of this group said that as an alternative to cruising, they plan on: vacationing at a hotel/resort (55.5%), flying/driving to see friends/family (50.4%), having a staycation (36%), or traveling via RV/camper (18.2%).
The growing segment of river cruising was also surveyed. 90.7% of participants reported they had never taken a river cruise; however, 61.2% said they would consider river cruising in the future. The most considered river cruise lines include Viking River Cruises (78.9%), with other line interests for AmaWaterways, Avalon, and Emerald Waterways.
Respondents were asked about cruise booking preferences to learn about travel purchasing trends. 43.8% reported they book cruises six to twelve months ahead of sailing, 29.1% book 12-18 months out, 16.5% book 3-5 months out, 7.4% book 18+ months in advance, and only 3.2% report they book less than three months out from cruising.
The bulk of responders book using a travel agent or direct with the cruise line, with 32.3% booking with a travel agency in person or via phone, and another 9.4% book via a travel agency website. For those that prefer direct with the cruise line, 26.5% prefer phone or PVP, while another 28.6% prefer online.
View and Download Photo Assets
Finding the right cruise is not an easy task so Cruiseline.com is here to simplify the process. Everyone from first-time cruisers to seasoned sailors can find their dream vacation using Cruiseline.com's reviews, cruise advice articles, advanced deal search features, user-submitted photos, and an authentic community ready to talk about all things cruising.
What sets Cruiseline.com apart? The 214,000+ verified reviews from community members – that means real reviews by real people. These reviews cover every aspect of their cruise experience, from onboard dining to service, entertainment, and ports. Through a partnership with major cruise agencies, Cruiseline.com is able to gather real reviews from actual cruisers who have sailed on the ships they are reviewing. For more information visit: Cruiseline.com.
Powered by Cruiseline.com, Shipmate is the #1 cruise App with over 2 million downloads. Shipmate is the only cruise app that travelers can use before, during, and after a voyage. Features of the app include the ability to meet fellow cruisers with roll calls for specific sailings, a cruise countdown clock, deck plans and photos, port tips, deck cams, ship tracking, cruise price alerts, future cruise credit trackers, and excursion booking. The forums of Shipmate are packed with fellow cruisers eager to share reviews, tips, and photos of recent voyages to help other travelers plan their future sailings. To download or learn more about Shipmate visit: Cruiseline.com/shipmate.
Media Contact
Brooke Franco
Public Relations & Community Manager, Cruiseline.com and Shipmate
bfranco@cruiseline.com
877-958-7447
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SOURCE Cruiseline.com | https://www.mysuncoast.com/prnewswire/2022/07/26/travelers-intend-cruise-upcoming-year-reports-cruiselinecom-shipmate-survey/ | 2022-07-26T08:37:13Z |
SAN DIEGO, July 28, 2022 /PRNewswire/ -- American Specialty Health Incorporated (ASH) has been named one of the nation's Best and Brightest Companies in Wellness for 2022 by the National Association for Business Resources (NABR). The distinction recognizes companies that promote employee wellbeing, worksite health, and wellness. The company's San Diego office had earned six consecutive regional wellness wins in prior years; this marks ASH's first national win for this wellness award.
"It is a great privilege to be named one of the nation's leaders in employee health and wellness, especially this year, on the 35th anniversary of our company," said co-founder, Chairman, and CEO George DeVries. "Over the years, we have been able to develop a team of over 1,500 employees. I am so grateful for each of our employees. Together, we've been able to grow the company year after year, staying true to our longstanding guiding principles and a strong spirit of innovation."
ASH was grown into a $600+ million national company dedicated to providing musculoskeletal health programs, fitness programs, and health management solutions for health plans, insurance carriers, employers, and others.
"This national recognition is quite an honor," said Vice President of Human Resources Kristin Bragg. "It's especially meaningful given the work we have done to successfully transition a large part of our workforce to remote work amidst the COVID-19 pandemic."
In the early weeks of COVID-19, ASH rapidly adapted to ever-evolving changes to equip employees to work from home. The company also established monthly, virtual all-staff meetings with regular updates to ensure team members felt connected, while prioritizing their safety.
"We took a strong, proactive stance early on by protecting our most valuable resource – our people," DeVries said. "And, along the way, we found that the new workplace model better served our employee's needs, and that we were still able to thrive despite obstacles presented by the pandemic. Now, more than 87% of our 1,500-plus employees continue to work remotely, with the remainder of employees working a schedule that allows most of them to work a hybrid arrangement where they work from both home and the office as needed.
The National Best and Brightest in Wellness company winners will be honored during NABR's Illuminate Business Summit, taking place November 7-10, 2022.
American Specialty Health Incorporated (ASH) is one of the nation's premier independent and privately-owned specialty health organizations offering technology-enabled benefits management services, including musculoskeletal health provider networks and programs, fitness center networks and exercise programs, and well-being solutions for health plans, insurance carriers, employers, and others. With offices in Carmel (Indianapolis), IN, San Diego, CA and Fort Worth, TX. ASH has more than 1,500 employees. For more information, visit ASHCompanies or call 800-848-3555. Follow us on LinkedIn or Twitter at @ASHCompanies.
The Best and Brightest in Wellness®, a program of the National Association for Business Resources, celebrates the companies that are making their businesses flourish, the lives of their employees better, and the community a healthier place to live. The 2022 Best and Brightest National winning companies were evaluated by an outside survey and examined statistically for quantitative and qualitative data. Each survey was scored on a point system based upon criteria to benchmark and improve wellness program effectiveness. Visit www.thebestandbrightest.com for more information.
Contact:
Lisa Freeman
American Specialty Health
310-422-9200
lisaf@ashn.com
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SOURCE American Specialty Health Incorporated | https://www.wibw.com/prnewswire/2022/07/28/american-specialty-health-named-one-nations-best-brightest-wellness/ | 2022-07-28T14:30:55Z |
Free fishing day in Texas for all ages
SHERMAN, Texas (KXII) -If you’re looking for new ways to engage the kids in outdoor activities, the Hagerman National Wildlife Refuge hosts monthly youth activities.
And the first Saturday of June means all ages can go out and fish in Texas without a license.
“It’s a great day to come out here and visit us and get a little sunshine, have some fun, see nature”, says Friends of Hagerman NWR Cindy Steele.
The Hagerman National Wildlife Refuge held a youth fishing event for both parents and children.
“We want to inspire the next generation of fisherman”, adds Spencer Beard, Visitor Services Manager, U.S. Fish and Wildlife Service.
The refugee has not been able to host this event in three years due to COVID-19, “so this is our kickoff after COVID” (Steele).
People gathered at Big Mineral Creek to cast their lines.
Parent Kali Austad says, “I think it’s a good area, it’s really quiet and fish really like the quietness and I know kids can be a handful and they like to be loud but that’s kind of the whole part of it.
The Friends Of Hagerman Foundation did all the work, all you needed to do was show up.
“We’ve got our poles, we’ve got them all rigged up, we’ve got the worms, and we’ve got people here that know a little about fishing that are able to help people” says Beard.
U.S. Fish and Wildlife Service says you can find all kinds of fish in the creek.
“Every kind of fish that would be in Texoma Lake could be in here”, adds Beard.
If you missed the event, but still want to soak up the sun at the lake, “children from four through sixteen can fish anytime for free, they don’t have to have a license”, says Steele.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/04/free-fishing-day-texas-all-ages/ | 2022-06-04T23:51:06Z |
Lids' First Youth Private Label Is Designed to Inspire Curiosity and Exploration
INDIANAPOLIS, Aug. 1, 2022 /PRNewswire/ -- Today, leading global sports retailer Lids announced the launch of "Explore by Lids", the brand's first private label designed specifically for youth. Debuting just in time for the back-to-school season, the label promotes discovery and education while providing kids with stylish headwear options.
The concept for "Explore by Lids" was created by Lids corporate interns during the global retailer's 2021 summer internship program. Each year, college students participate in Lids' eight-week summer internship program and focus on numerous real-world projects in different departments across the company. In 2021, several Lids interns developed the "Explore by Lids" concept and presented the idea to Lids management. One year later, these interns, which now include two full-time Lids employees – Claudia Swinford, Operations Project Coordinator and Sam Sieloff, Business Analyst, BI & Automation – are seeing their idea turn into reality.
"We are incredibly proud of our former interns for developing this concept," said Britten Maughan, President of Lids. "Great ideas can come from all parts of the organization and this collection is a testament to the emerging talent that our team at Lids is committed to fostering through our internship program. 'Explore by Lids' was created to foster growth and inspire the next generation to continue to use their imaginations, which are values that embody our corporate spirit at Lids."
The line is designed for children ages four-to-seven and includes headwear with child-friendly designs depicting the solar system, wildlife in their natural habitats such as the ocean and desert, a rocket ship in outer space, and shooting stars. "Explore by Lids" is available in the United States and Canada with a curated assortment, just in time for the back-to-school period.
"Interning at Lids was such a rewarding experience," said Swinford. "For our end-of-term project, my peers and I developed the 'Explore by Lids' concept with the goal of encouraging education and curiosity for Lids' younger customers while also introducing them to stylish headwear. It's amazing to be involved with bringing this project to life and watching it develop from start to finish."
Sieloff added, "My hope for 'Explore by Lids' is that it will foster the inspiration that I experienced during my internship with Lids. It's an honor to be a part of the first ever Lids internship project to be produced, and I have no doubt that it will resonate with our young consumers who are beginning to develop their own style."
Beginning in October, "Explore by Lids" will expand to include headwear for adults in matching designs, offering one collection for the entire family. The debut "Explore by Lids" line is available to shop now at your local Lids retail location. Visit blog.lids.com to find a retail location near you.
Lids Sports Group is the largest licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the United States, Canada, and Puerto Rico through almost 1,200 retail locations. Indianapolis-based Lids Sports Group carries officially licensed and branded gear aimed at empowering customers to represent their unique and individual style, team, passion and fun. Lids Sports Group operates stores under the Lids, Locker Room by Lids, Fanzz, Yankees Clubhouse Shops, Dodgers Clubhouse, Cardinals Clubhouse, and numerous other nameplates. Lids also has locations within select Macy's department stores nationwide. To find a retail location near you visit blog.lids.com or join the #LidsLoyal on Instagram (@lids), Facebook (@lids), Twitter (@lids), or LinkedIn.
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SOURCE Lids | https://www.mysuncoast.com/prnewswire/2022/08/01/lids-announces-launch-new-youth-fashion-brand-explore-by-lids/ | 2022-08-01T14:04:13Z |
Learn about the rich history of NASCAR and stock car racing in North Carolina.
CHARLOTTE, N.C., June 9, 2022 /PRNewswire/ -- On June 23 North Carolina Humanities will host its final North Carolina Reads event with special guests: author of Driving with the Devil: Southern Moonshine, Detroit Wheels, and the Birth of NASCAR Neal Thompson, NASCAR Cup Series driver Erik Jones, and stock car racing scholar Dr. Daniel Pierce.
The trio will have an onstage conversation at the NASCAR Hall of Fame about themes from the book Driving with the Devil and the fascinating history of stock car racing, from its roots in Prohibition-era bootlegging to the sport's status as a multi-billion-dollar industry.
Each guest will bring their unique perspective to the conversation, from Thompson's journalistic inquiries about the sport's history, to Jones' involvement as a current racer today, to Pierce's in-depth scholarly research. As Driving with the Devil focuses on NASCAR's evolution through the early 2000s, Thompson, Jones, and Pierce will also discuss how the sport has changed in the last 20 years.
"At the heart of North Carolina Reads is North Carolina Humanities' desire to connect communities through shared reading experiences," said Sherry Paula Watkins, Executive Director of North Carolina Humanities.
"The stories and histories from Thompson's Driving with the Devil allow us to learn more about the place we call home: North Carolina," Watkins continued. "We hope this program can help expand our understanding, respect, and empathy for others' stories and experiences, which we believe is important to enriching the lives of North Carolinians."
North Carolina Reads is North Carolina Humanities' statewide book club for 2022 that featured five books exploring issues of racial, social, and gender equality and the history and culture of North Carolina. North Carolina Humanities has a fifty-year history of providing free book-centric programs and resources, like North Carolina Reads, to communities statewide.
The event, North Carolina Reads: Driving with the Devil: Southern Moonshine, Detroit Wheels, and the Birth of NASCAR, will be held on June 23 at the NASCAR Hall of Fame in Charlotte. A pre-event reception with hors d'oeuvres and beverages will be held from 6:00-7:00 PM. The onstage conversation will take place from 7:00-8:30 PM. Brain Kahn, North Carolina Humanities Board Trustee and local "Charlotte Squawks" parody show writer will moderate the conversation. The event is free, and registration is required.
Throughout 2022 North Carolina Humanities has hosted monthly book club events where participants heard guest speakers, including book authors and topic experts, discuss themes and topics related to each North Carolina Reads selected book.
Selected North Carolina Reads books for 2022 were:
- Soul City: Race, Equality, and the Lost Dream of an American Utopia by Thomas Healy
- The Last Ballad by Wiley Cash
- Even As We Breathe by Annette Saunooke Clapsaddle
- Pauli Murray: A Personal and Political Life by Troy R. Saxby
- Driving with the Devil: Southern Moonshine, Detroit Wheels, and the Birth of NASCAR by Neal Thompson
The June 23 event is the final in this 2022 program series. All previous North Carolina Reads book events are available to watch on North Carolina Humanities' YouTube channel for free.
North Carolina Reads is made possible in part by a special initiative grant from the National Endowment for the Humanities, "A More Perfect Union". Please note that selected North Carolina Reads books are intended for readers 18 and over and may not be suitable for some audiences.
"We hope to see NASCAR fans, book lovers, and those interested in learning more about North Carolina on June 23," Watkins concluded.
About North Carolina Humanities: Through grantmaking and public humanities programs, North Carolina Humanities connects North Carolinians with cultural experiences that spur dialogue, deepen human connections, and inspire community. North Carolina Humanities is a statewide nonprofit and affiliate of the National Endowment for the Humanities. The North Carolina Center for the Book, the state affiliate of the Center for the Book in the Library of Congress, is a program of North Carolina Humanities that promotes books, libraries, literacy, and reading around the state. To learn more visit www.nchumanities.org.
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SOURCE North Carolina Humanities | https://www.wibw.com/prnewswire/2022/06/09/nascar-moonshine-books-collide-june-23-nascar-hall-fame/ | 2022-06-09T10:36:59Z |
Third annual survey of Customer Success leaders worldwide will identify key initiatives, metrics, trends, and challenges in a changing economic climate
WASHINGTON, Aug. 18, 2022 /PRNewswire/ -- ChurnZero, a leading Customer Success platform, has opened its survey for the 2022 Customer Leadership Study, an annual research project presented in partnership with ESG, that identifies the most important goals, measurements, trends, and opportunities within the Customer Success field. Industry leaders are invited to share their insights by participating in the survey, which will remain open until August 26, 2022.
The results will be published in late fall, with survey participants receiving a copy in advance.
Now in its third year, this definitive study will gauge the influence of Customer Success within organizations, overall organizational alignment, autonomy within Customer Success departments, how Customer Success is operationalized, and the key initiatives of internal teams. This year, an expanded set of questions will cover actions that businesses are taking to address the economic climate, such as changing budget allocations and adjusting purchasing and business decisions.
"Economic uncertainty is putting Customer Success in the spotlight as businesses focus on retention and the lifetime value of their customers," said Alli Tiscornia, chief customer officer, ChurnZero. "We expect this year's Customer Success Leadership Study to shed light on how Customer Success leaders are positioning their teams to better sell to their customer base, work more efficiently and deliver a customer experience that that assures confidence in their product's value."
"By providing a look at the evolving Customer Success landscape and the top initiatives and issues facing leaders today—all based on the firsthand experience of those breaking ground and leading the way—the 2022 Customer Success Leadership Study will lead to greater awareness, understanding, and support of the industry," said Peter Armaly, vice president of customer success, ESG.
The 2022 CS Leadership Study is presented by ChurnZero and ESG, and sponsored by Higher Logic Vanilla and Involve.ai,
Download a copy of last year's study.
Learn more about ChurnZero.
ChurnZero is a recognized leader in Customer Success dedicated to helping subscription businesses succeed at scale. The company is known for its powerful, enterprise-class Customer Success platform and ongoing partnership with its customers to ensure they get everything they need to improve efficiency, increase revenue, and deliver the best possible customer experiences.
Through the platform, Customer Success teams can spot potential churn risks early and identify renewal and expansion opportunities. Best-in-class automation and in-app communication make it easy to engage with customers and lead them to value.
As Customer Success professionals serving Customer Success professionals, the ChurnZero team prides itself on being trusted partners, consultants, and coaches, so customers can focus on the work that matters to grow their businesses.
Founded in 2015, ChurnZero is a remote-first company with headquarters in Washington, D.C., and an office in Amsterdam.
Heather Philbin
pr@churnzero.com
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SOURCE ChurnZero | https://www.kxii.com/prnewswire/2022/08/18/churnzero-launches-2022-customer-success-leadership-study/ | 2022-08-18T13:20:48Z |
CARSON CITY, Nev., Aug. 17, 2022 /PRNewswire/ -- Lithium-ion batteries have dominated the battery sector for decades. But lately, issues concerning the environment and the need to develop a more sustainable battery cell have encouraged experts to build a better alternative. Lithium Iron Phosphate (LFP), technically known as LiFEPO4, has proved to be a much better option in this regard. LFP battery cells pack many benefits for contemporary campers. A very few camping power supply brands worldwide have adopted LFP. Nevertheless, considering its sustainable benefits, LFP's use will only increase with time.
Camping has become more responsible than ever. Accordingly, modern-day campers demand an efficient yet sustainable camping power supply with a safe camping product for the environment. AceVolt's Campower is precisely the portable power station that serves this need. It features an LFP battery cell that provides better safety against the lithium-ion counterpart, which has been reported to encounter multiple spontaneous combustion incidents.
LFP offers higher stability. Some of the benefits of LFP battery cells include,
- Higher charging and discharging efficiency
- LFP crystal comprises the P-O bond, which provides higher stability and is challenging to decompose
- The battery cells have a longevity higher than their conventional counterparts
- The cells have a higher capacity than ordinary batteries
- LFP batteries have a higher temperature resistance (around 350 to 500 degrees Celsius)
- LiFEPO4 batteries are environment-friendly. They do not consist of heavy and rare metals. They are non-toxic and non-polluting batteries
- LFP batteries do not have a memory effect. It refers to using the battery in the state it is, without requiring to discharge or recharge it
- Additionally, LiFEPO4 is maintenance-friendly. It does not require active maintenance to extend its service life
The above advantages make LiFEPO4 a preferred battery alternative among campers.
As the provider of one of the leading portable power stations in the world, AceVolt, with its product AceVolt Campower, supports the power supply needs of campers. The company has always been responsive toward environmental requirements and has kept innovating camping products that reflect its environment-friendly approach.
LiFEPO4, also termed LFP, are non-toxic, non-polluting, heat-resistant, and efficient batteries that help campers keep up with both their power supply requirements as well as the environment. Additionally, they are low on maintenance and offer a greater extent of stability to ensure operational safety.
AceVolt Power
Website: www.acevolt.com
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SOURCE AceVolt Power | https://www.kxii.com/prnewswire/2022/08/17/acevolt-campower-embraces-sustainability-with-lfp-battery-cell/ | 2022-08-17T14:27:19Z |
Veteran Finance Executive Will Continue to Lead and Implement Allen Media Group's Mergers & Acquisitions and Corporate Finance Initiatives
LOS ANGELES, Aug. 11, 2022 /PRNewswire/ -- Byron Allen's Allen Media Group (AMG) proudly announces the elevation of Christopher Malone to the position of Chief Financial Officer. Malone was initially brought to AMG in June as Executive Vice President and Head of Corporate Development, and will now assume the Chief Financial Officer title -- a position recently held on an interim basis by Bill Higgs, Executive Vice President and Chief Financial Officer of AMG's Weather Group division. A sixteen-year veteran executive with the company, Higgs will continue as Executive Vice President and Chief Financial Officer of AMG's Weather Group. In his newly-elevated position, Malone will continue to help lead AMG senior management in M&A efforts and other corporate strategic initiatives encompassing capital markets, private equity, and credit. Malone will remain based at the AMG headquarters in Los Angeles.
Malone played an integral role in financing notable AMG transactions over the past five years, including the AMG acquisition of The Weather Channel in 2018, and the approximate $1 billion investment by AMG to acquire 27 ABC, NBC, CBS, and FOX broadcast network-affiliated television stations nationwide. Malone came to AMG from his recent position as a Principal with Stellex Capital Management. Prior to that, Malone was a Director at Brightwood Capital and previously held Investment Analyst, Private Equity, and Investment Banking positions at RLJ Equity Partners, William Blair, and Credit Suisse. Malone earned a Bachelor of Science degree in finance from Hampton University and earned a Master of Business Administration from Harvard Business School.
"I am very excited to elevate Chris Malone within the Allen Media Group family to Chief Financial Officer, where Chris will be valuable in helping to lead our M&A efforts and other strategic financial initiatives," said Byron Allen, Founder/Chairman/CEO of Allen Media Group. "Chris plays a vital role in helping Allen Media Group continue its trajectory of growth and execute on the large number of acquisition opportunities in front of us."
"It has been exciting to see the strong growth of Allen Media Group over the past five years and it is even more exciting to join at such a dynamic time for the company," said Chris Malone, Chief Financial Officer. "The industry is experiencing rapid transformation as well as increased consolidation and Allen Media Group is well-positioned to capitalize on this changing paradigm given its strong and differentiated position. I look forward to continue working with the Allen Media Group team to execute on the short-term and long-term acquisition targets."
About Allen Media Group / Entertainment Studios
Chairman and CEO Byron Allen founded Allen Media Group/Entertainment Studios in 1993. Headquartered in Los Angeles, it has offices in New York, Chicago, Atlanta, and Charleston, SC. Allen Media Group owns 27 ABC-NBC-CBS-FOX network affiliate broadcast television stations in 21 U.S. markets and twelve 24-hour HD television networks serving nearly 220 million subscribers: THE WEATHER CHANNEL, THE WEATHER CHANNEL EN ESPAÑOL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, JUSTICE CENTRAL.TV, THEGRIO, THIS TV, and PATTRN. Allen Media Group also owns the streaming platforms HBCU GO, SPORTS.TV, THE GRIO STREAMING APP, THE WEATHER CHANNEL STREAMING APP and LOCAL NOW--the free-streaming AVOD service powered by THE WEATHER CHANNEL and content partners, which delivers real-time, hyper-local news, weather, traffic, sports, and lifestyle information. Allen Media Group also produces, distributes, and sells advertising for 68 television programs, making it one of the largest independent producers/distributors of first-run syndicated television programming for broadcast television stations. Allen Media Group International Television continues to extend its corporate branding and content around the globe. It currently has active license agreements and programming in South Africa, The United Arab Emirates, Australia, The Bahamas, Canada and New Zealand. With a library of over 5,000 hours of owned content across multiple genres, Allen Media Group provides video content to broadcast television stations, cable television networks, mobile devices, and multimedia digital. Our mission is to provide excellent programming to our viewers, online users, and Fortune 500 advertising partners.
Entertainment Studios Motion Pictures is a full-service, theatrical motion picture distribution company specializing in wide release commercial content. ESMP released 2017's highest-grossing independent movie, the shark thriller 47 METERS DOWN, which grossed over $44.3 million. In 2018, ESMP also released the critically-acclaimed and commercially successful Western HOSTILES, the historic mystery-thriller CHAPPAQUIDDICK and the sequel to 47 METERS DOWN, 47 METERS DOWN: UNCAGED. The digital distribution unit of Entertainment Studios Motion Pictures, Freestyle Digital Media, is a premiere multi-platform distributor with direct partnerships across all major cable, digital and streaming platforms. Capitalizing on a robust infrastructure, proven track record and a veteran sales team, Freestyle Digital Media is a true home for independent films.
In 2016, Allen Media Group purchased The Grio, a highly-rated digital video-centric news community platform devoted to providing African-Americans with compelling stories and perspectives currently underrepresented in existing national news outlets. The Grio features aggregated and original video packages, news articles and opinion pieces on topics that include breaking news, politics, health, business and entertainment. Originally launched in 2009, the platform was then purchased by NBC News in 2010. The digital platform remains focused on curating exciting digital content and currently has more than 100 million annual visitors.
For more information, visit:
www.entertainmentstudios.com
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SOURCE Allen Media Group | https://www.kxii.com/prnewswire/2022/08/11/byron-allens-allen-media-group-elevates-chris-malone-chief-financial-officer/ | 2022-08-11T19:48:18Z |
Benzema defying time to reach his best at age 34
By JOSEPH WILSON
Associated Press
BARCELONA, Spain (AP) — Karim Benzema is reaching the pinnacle of his career at an age when most top athletes are hoping to remain relevant. The 34-year-old France striker is enjoying the best season of the 13 he has spent at Real Madrid and making a strong argument for being considered the top player in the world. Benzema has scored consecutive hat tricks in Champions League matches against Chelsea and Paris Saint-Germain. Madrid hosts Getafe in the Spanish league on Saturday before Chelsea visits the Santiago Bernabéu needing a big win to keep alive its European title defense. | https://localnews8.com/sports/ap-national-sports/2022/04/07/benzema-defying-time-to-reach-his-best-at-age-34/ | 2022-04-07T15:48:22Z |
Why flags are flying at half-staff, half-mast in the US today
President Joe Biden ordered all United States flags to be flown at half-staff through Aug. 4 to remember the life of U.S. Rep. Jackie Walorski, R-Ind., who was killed Wednesday afternoon in a car crash.
The crash also killed Emma Thomson, a member of Walorski's staff, and Zach Potts, chairman of the St. Joseph County Republican Party, according to a statement from the Elkhart County Sheriff's Office, which reported that Walorski's vehicle was traveling on a state route in Elkhart County when a car traveling the opposite direction crossed the center line, colliding head-on with the vehicle.
U.S. flagsDid Betsy Ross make the first one? Why is it nicknamed 'Old Glory'? What to know on Flag Day.
The driver of the other vehicle, Edith Schmucker, 56, of Nappanee, Indiana, also died in the crash.
Biden said in a statement that he and first lady Jill Biden were "shocked and saddened" at the news of Walorski's death.
Former Vice President Mike Pence, an Indiana native, said he was "heartbroken" over the loss of a "truly inspiring Indiana leader."
"She served Indiana in the Statehouse and the Congress with integrity and principle for nearly two decades and will be deeply missed," Pence tweeted.
What time are flags displayed at half-staff?
Customs call for flags to be shown at half-staff from sunrise to sunset unless the flag can be illuminated overnight.
Holidays where the flag is half-staff around the country
May 15 - Peace Officers Memorial Day (half-staff all day)Last Monday in May - Memorial Day (half-staff until noon)Sept. 11 - Patriot Day (half-staff all day)First Sunday in October - Fallen Fighters Fallen Firefighters (half-staff all day)Dec. 7 - Pearl Harbor Remembrance Day (half-staff all day)
What's the difference between half-mast and half-staff?
According to The Sextant, the Naval History and Heritage Command’s blog, half-mast refers to lowered flags on a ship, while half-staff is a pole in the ground. But the blog continues to say half-mast is used outside the U.S.
USA TODAY contributed to this story. | https://www.cantonrep.com/story/news/2022/08/04/life-of-jackie-walorski-being-honored-with-flags-at-half-staff/65391793007/ | 2022-08-04T15:11:39Z |
New musculoskeletal collaboration aims to manage costs for treatment of bone, muscle and ligament injuries and disorders
JACKSONVILLE, Fla., June 29, 2022 /PRNewswire/ -- Florida Blue, the state's Blue Cross Blue Shield plan, and Healthcare Outcomes Performance Company (HOPCo) have joined forces to address health care affordability across the state. The collaboration aims to better manage costs for the treatment of bone, muscle and ligament injuries and disorders.
An estimated 126 million Americans are affected by a musculoskeletal condition, according to a report by the U.S. Bone and Joint Initiative. The report also estimates costs exceeding $200 billion each year for related treatment, medical care, and lost wages.
Through the new arrangement, HOPCo will develop and grow a clinically integrated network of community physicians and facilities treating bone, muscle and ligament conditions to participate in its Musculoskeletal Outcomes Management Program and risk-shared incentives. The program will initially focus on enhancing the quality and efficiency of care to Florida Blue's members being treated by HOPCo's network of health care providers for the most common bone and joint repair procedures. The intent is to expand to all 26,000 ICD codes related to prevention and management of musculoskeletal condition care.
As part of the program, HOPCo will support a network of community physicians and facilities aligned to improve patient outcomes and reduce overall costs. This network will leverage HOPCo's standardized care protocols and its proprietary claim analytics and outcome management tools.
"As a mission-driven organization, Florida Blue remains focused on affordable, high-quality health care solutions for Floridians," said Phil Lee, Florida Blue's Vice President, Strategic Provider Partnerships. "Treatment of bone, muscle and ligament injuries and conditions accounts for a significant portion of health care costs each year for Florida Blue and our members. By working with Healthcare Outcomes Performance Company, we look to expand our partnership with musculoskeletal providers to not only slow rising health care costs, but also enable healthier lives for our members."
Florida Blue is an innovative industry leader enabling healthy communities in the state of Florida. It continues to broaden the traditional scope of member care, shaping the evolution of value-based care to achieve better health. HOPCo is a leading provider of musculoskeletal practice and outcomes management, value-based health care solutions and care coordination for musculoskeletal care and clinically integrated platform development.
"We have proven the efficacy and benefits of this model in other markets across the country, and this collaboration is a significant step forward in the delivery of value-based care in Florida," said Dr. Wael Barsoum, President and Chief Transformation at HOPCo. "Our partnership with an organization with the size, scope and history of Florida Blue helps set the bar for changing the delivery of health care across the country."
Collectively, Florida Blue and HOPCo will create standard physician incentives for HOPCo's network of health care providers that include adherence to evidence-based clinical protocols, care coordination and medically appropriate sites of care. This will further both organizations' pursuit of the triple aim of value-based care: lower costs, higher quality, and better patient experience.
Florida Blue, Florida's Blue Cross and Blue Shield company, has been providing health insurance to residents of Florida for more than 75 years. Driven by its mission of helping people and communities achieve better health, the company serves more than 5 million health care members across the state. Headquartered in Jacksonville, Fla., it is an independent licensee of the Blue Cross and Blue Shield Association.
Healthcare Outcomes Performance Company (HOPCo) is the national leader of integrated musculoskeletal value-based health outcomes management, practice management and health system service line management. This includes comprehensive expertise across all MSK specialties, including orthopedics, spine, hand, pain management, rehabilitation, and neurology. HOPCo's integrated care, analytics and facilities development platform has proven to increase the quality of patient care while reliably reducing the total cost of care across the care continuum for practices, health systems and payors alike. HOPCo's affiliated payors, practices and health systems successfully participate in highly efficient value-based contracting (bundled payments, population health programs, and other advanced risk-based arrangements) utilizing HOPCo's proprietary platforms, IT solutions, integrated analytics, and standardized care pathways. Visit www.hopco.com to learn more.
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SOURCE Healthcare Outcomes Performance Company | https://www.wibw.com/prnewswire/2022/06/29/florida-blue-collaborates-with-hopco-address-health-care-affordability/ | 2022-06-29T18:09:42Z |
Carlos Alcaraz and Naomi Osaka withdraw from Italian Open
ROME (AP) — Carlos Alcaraz has withdrawn from this week’s Italian Open because of a right ankle injury following his victory at the Madrid Open. Naomi Osaka later withdrew from the women’s tournament with a left Achilles heel injury. The 19-year-old Alcaraz beat Rafael Nadal and Novak Djokovic back-to-back in Madrid then defeated Alexander Zverev in Sunday’s final for his tour-leading fourth title of the year. Alcaraz hurt his ankle during the quarterfinal win over Nadal. Rome organizers say Alcaraz’s place in the Rome draw will be taken by Finnish player Emil Ruusuvuori. Osaka will be replaced in the draw by Nuria Parrizas Diaz. | https://localnews8.com/sports/ap-national-sports/2022/05/09/after-madrid-title-alcaraz-withdraws-from-italian-open/ | 2022-05-09T13:09:34Z |
HOUSTON, April 27, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported first quarter 2022 financial and operational results.
First Quarter 2022 Results and Recent Highlights
- Total revenue of $635.0 million, a 25% sequential increase. Fourth consecutive quarter of 25%+ revenue growth
- Net income of $8.8 million ($0.04 per diluted share)
- Adjusted EBITDA(1) of $83.5 million
- Cash from operations of $28.7 million and positive free cash flow(1) of $1.7 million
- Averaged 33 deployed fleets in the first quarter of 2022, exited with 34 deployed fleets
- Exited first quarter of 2022 with total liquidity of $348.9 million, including $99.8 million of cash and undrawn ABL; no term loan maturities until 2025
Management Commentary
"I am pleased with NexTier's first quarter results and the way momentum accelerated as the quarter progressed. Our performance demonstrates the benefits of our low cost, low emissions strategy," said Robert Drummond, President and Chief Executive Officer of NexTier. "Demand for our services remains very strong and available frac capacity is almost fully utilized, which should allow us to deliver profitable growth, accelerating free cash flow, and strong returns."
"We continue to demonstrate that our talented team can execute on clearly defined strategic priorities utilizing a leading integrated platform to produce strong efficiency gains, optimizing NexTier's value proposition for customers and stockholders," Mr. Drummond continued. "We believe the premium placed on efficiency and service quality will further differentiate NexTier during times of high commodity prices and tight supply."
"We once again achieved market beating top line growth, increasing revenue 25%, and our accelerating March exit rate suggests significant upside for the second quarter," said Kenny Pucheu, Executive Vice President and Chief Financial Officer of NexTier. "Further, we continued to demonstrate our leadership in the cycle by achieving positive free cash flow in the first quarter, which was ahead of our plan, along with our second consecutive quarter of positive net income, forging a path toward generating returns above our cost of capital later this year, a critical step for our business."
First Quarter 2022 Financial Results
Revenue totaled $635.0 million in the first quarter of 2022, compared to $509.7 million in the fourth quarter of 2021. The sequential improvement in revenue was primarily driven by improved pricing, strong operational performance, continued integration efforts, and additional planned capacity added.
Net income totaled $8.8 million, or $0.04 per diluted share, in the first quarter of 2022, compared to net income of $10.9 million, or $0.04 per diluted share, in the fourth quarter of 2021.
Selling, general and administrative expense ("SG&A") totaled $35.9 million in the first quarter of 2022, compared to SG&A of $35.1 million in the fourth quarter of 2021. Adjusted SG&A(1) totaled $27.5 million in the first quarter of 2022, which remained unchanged compared to adjusted SG&A in the fourth quarter of 2021.
Adjusted EBITDA totaled $83.5 million in the first quarter of 2022, compared to adjusted EBITDA of $80.2 million in the fourth quarter of 2021. The first quarter of 2022 reported adjusted EBITDA includes a $0.8 million gain on the sale of assets, compared to a $21.2 million gain on the sale of assets in the fourth quarter of 2021.
The Company exited the first quarter with momentum, easily reaching the goal for a first quarter exit of double-digit annualized adjusted EBITDA per deployed fleet.(1)
First Quarter 2022 Management Adjustments
EBITDA(1) for the first quarter of 2022 was $71.5 million. When excluding net management adjustments of $12.0 million, adjusted EBITDA for the first quarter was $83.5 million. Management adjustments included $7.8 million in stock compensation expense and a net $4.2 million in other adjustments.
Completion Services
Revenue in our Completion Services segment totaled $602.6 million in the first quarter of 2022, compared to $481.0 million in the fourth quarter of 2021. Adjusted gross profit(1) totaled $106.3 million in the first quarter of 2022, compared to $83.9 million in the fourth quarter of 2021.
During the first quarter of 2022, the Company operated an average of 33 deployed fleets, an increase from 30 in the fourth quarter of 2021. The additional fleet count was the result of a reconfiguration of already deployed horsepower between Simulfrac and zipper frac fleets and the planned addition of a Tier IV dual fuel fleet late in the quarter. Annualized adjusted EBITDA per deployed fleet was $10.1 million in the first quarter of 2022.
Well Construction and Intervention Services
Revenue in our Well Construction and Intervention ("WC&I") Services segment, totaled $32.4 million in the first quarter of 2022, compared to $28.7 million in the fourth quarter of 2021. The sequential improvement was primarily driven by increased customer activity. Adjusted gross profit totaled $4.1 million in the first quarter of 2022, compared to adjusted gross profit of $2.7 million in the fourth quarter of 2021.
Balance Sheet and Capital
Total debt outstanding as of March 31, 2022 was $371.6 million, net of debt discounts and deferred finance costs and excluding finance lease obligations. As of March 31, 2022, total available liquidity was $348.9 million, comprised of cash of $99.8 million, and $249.1 million of available borrowing capacity under our asset-based credit facility, which remains undrawn.
Total cash provided by operating activities during the first quarter of 2022 was $28.7 million and cash used by investing activities was $27.0 million, resulting in a positive free cash flow of $1.7 million in the first quarter of 2022.
Outlook
Industry momentum continued into the second quarter of 2022, driven by strong customer demand for our services and a tight supply of equipment. We expect to see considerably improved results in the second quarter of 2022, relative to the first quarter of 2022, based on our March performance and given negotiated customer agreements and increased activity as seasonal and transitory headwinds subside.
For the second quarter of 2022, NexTier expects to operate an average of 34 deployed frac fleets. We do not expect to add any additional capacity to the market for the remainder of 2022.
Based on the above deployed fleets, for the second quarter of 2022 we anticipate sequential revenue growth in excess of 20% and significant adjusted EBITDA margin expansion, resulting in expected adjusted EBITDA of at least $130 million. We anticipate annualized adjusted EBITDA per deployed fleet of at least $15 million in second quarter of 2022.
For the full year 2022, we anticipate our adjusted EBITDA will exceed the high-end of our previously guided range of $330-360 million.
Our first half 2022 capital expenditure budget remains $90-100 million before stepping down to a lower level in the second half. We will continue to invest in our existing deployed capacity to ensure we are operating a well-maintained fleet for 2022 and beyond.
We expect to generate free cash flow in excess of $150 million in 2022, and we expect free cash flow generation to accelerate through the year.
Mr. Drummond concluded, "While the activity outlook for our services was already very strong, the unfortunate geopolitical tensions have increased the call on US oil and natural gas production growth, and NexTier's position as a critical service provider for domestic producers indicates demand for our services has increased further and should remain strong for the foreseeable future. Momentum is building into our seasonally strong period, and we see upside to profitability in future periods even beyond what we expect to achieve in the second quarter."
Conference Call Information
On April 28, 2022, NexTier will hold a conference call for investors at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss first quarter 2022 financial and operating results. Hosting the call will be Robert Drummond, President and Chief Executive Officer and Kenneth Pucheu, Executive Vice President and Chief Financial Officer. The call can be accessed via a live webcast accessible on the IR Event Calendar page in the Investor Relations section of our website at www.nextierofs.com, or live over the telephone by dialing (855) 560-2574, or for international callers, (412) 542-4160 and referencing NexTier Oilfield Solutions. A replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers, (412) 317-0088. The passcode for the replay is 4424257. The replay will be available until May 5, 2022. An archive of the webcast will be available shortly after the call on our website at www.nextierofs.com for twelve months following the call.
About NexTier Oilfield Solutions
Headquartered in Houston, Texas, NexTier is an industry-leading U.S. land oilfield service company, with a diverse set of well completion and production services across active and demanding basins. Our integrated solutions approach delivers efficiency today, and our ongoing commitment to innovation helps our customers better address what is coming next. NexTier is differentiated through four points of distinction, including safety performance, efficiency, partnership and innovation. At NexTier, we believe in living our core values from the basin to the boardroom, and helping customers win by safely unlocking affordable, reliable and plentiful sources of energy.
(1) Non-GAAP Financial Measures. The Company has included in this press release or discussed on the conference call described above certain non-GAAP financial measures, some of which are calculated on segment basis or product line basis. These measurements provide supplemental information which management believes is useful to analysts and investors to evaluate our ongoing results of operations, when considered alongside GAAP measures such as net income and operating income. You should not consider them in isolation from, or as a substitute for, analysis of our results under GAAP.
Non-GAAP financial measures include EBITDA, adjusted EBITDA, adjusted EBITDA incremental margin, adjusted gross profit, free cash flow, adjusted SG&A, adjusted EBITDA per deployed fleet, annualized adjusted EBITDA per deployed fleet, and net debt. These non-GAAP financial measures exclude the financial impact of items management does not consider in assessing the Company's ongoing operating performance, and thereby facilitate review of the Company's operating performance on a period-to-period basis. Other companies may have different capital structures, and comparability to the Company's results of operations may be impacted by the effects of acquisition accounting on its depreciation and amortization. As a result of the effects of these factors and factors specific to other companies, the Company believes EBITDA, adjusted EBITDA, adjusted EBITDA incremental margin, adjusted gross profit, adjusted SG&A, adjusted EBITDA per deployed fleet (including on an annualized basis) provide helpful information to analysts and investors to facilitate a comparison of its operating performance to that of other companies. The Company believes free cash flow is important to investors in that it provides a useful measure to assess management's effectiveness in the areas of profitability and capital management.
For a reconciliation of these non-GAAP measures, please see the tables at the end of this press release. Reconciliations of forward-looking non-GAAP financial measures to comparable GAAP measures are not available due to the challenges and impracticability with estimating some of the items, particularly with estimates for certain contingent liabilities, and estimating non-cash unrealized fair value losses and gains which are subject to market variability and therefore a reconciliation is not available without unreasonable effort.
Non-GAAP Measure Definitions: EBITDA is defined as net income (loss) adjusted to eliminate the impact of interest, income taxes, depreciation and amortization. Adjusted EBITDA is defined as EBITDA as further adjusted with certain items management does not consider in assessing ongoing performance. Management uses adjusted EBITDA to set targets and to assess the performance of the Company. Adjusted EBITDA incremental margin is defined as the change in adjusted EBITDA quarter over quarter divided by the change in revenue quarter over quarter. Adjusted gross profit is defined as revenue less cost of services, further adjusted to eliminate items in cost of services that management does not consider in assessing ongoing performance. Adjusted gross profit at the segment level is not considered to be a non-GAAP financial measure as it is our segment measure of profit or loss and is required to be disclosed under GAAP pursuant to ASC 280. Adjusted SG&A is defined as selling, general and administrative expenses adjusted for severance and business divestiture costs, merger/transaction-related costs, and other non-routine items. Free cash flow is defined as the net increase (decrease) in cash and cash equivalents before financing activities, excluding any acquisitions. Adjusted EBITDA per deployed fleet is defined as (i) adjusted EBITDA, (ii) divided by fleets deployed. Annualized adjusted EBITDA per deployed fleet is defined as (i) adjusted EBITDA for a given quarter, (ii) divided by number of fleets deployed, and then (iii) multiplied by four. Net debt is defined as (i) total debt, net of unamortized debt discount and debt issuance costs, (ii) subtracted by cash and cash equivalents.
Forward-Looking Statements and Where to Find Additional Information
This press release and discussion in the conference call described above contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Where a forward-looking statement expresses or implies an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. The words "believe," "continue," "could," "expect," "anticipate," "intends," "estimate," "forecast," "project," "should," "may," "will," "would," "plan," "target," "predict," "potential," "outlook," and "reflects," or the negative thereof and similar expressions, are intended to identify such forward-looking statements. These forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond the Company's control. Statements in this press release or made during the conference call described above that are forward-looking, including projections as to the Company's 2022 guidance and other outlook information (including with respect to the industry in which the Company conducts its business), are based on management's estimates, assumptions and projections, and are subject to significant uncertainties and other factors, many of which are beyond the Company's control. These factors and risks include, but are not limited to, (i) the competitive nature of the industry in which the Company conducts its business, including pricing pressures; (ii) the ability to meet rapid demand shifts; (iii) the ongoing impact of geopolitical conflicts; (iv) the impact of pipeline capacity constraints and adverse weather conditions in oil or gas producing regions; (v) the ability to obtain or renew customer contracts and changes in customer requirements in the markets the Company serves; (vi) the ability to identify, effect and integrate acquisitions, joint ventures or other transactions; (vii) the ability to protect and enforce intellectual property rights; (viii) the effect of environmental and other governmental regulations on the Company's operations; (ix) the effect of a loss of, or interruption in operations of, the Company of one or more key suppliers, or customers, including resulting from inflation, including as a result of ongoing geopolitical conflicts, COVID-19 resurgence, product defects, recalls or suspensions; (x) the variability of crude oil and natural gas commodity prices; (xi) the market price (including inflation) and timely availability of materials or equipment; (xii) the ability to obtain permits, approvals and authorizations from governmental and third parties; (xiii) the Company's ability to employ a sufficient number of skilled and qualified workers; (xiv) the level of, and obligations associated with, indebtedness; (xv) fluctuations in the market price of the Company's stock; (xvi) the continued impact of the COVID-19 pandemic (including as a result of the emergence of new variants and strains of the virus, such as Delta and Omicron) and the evolving response thereto by governments, private businesses or others to contain the spread of the virus and its variants or to treat its impact, and the possibility of increased inflation, travel restrictions, lodging shortages or other macro-economic challenges as the economy emerges from the COVID-19 pandemic; and (xvii) other risks detailed in our latest Annual Report on Form 10-K, including, but not limited to "Part I, Item 1A. Risk Factors" and "Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations," and our other filings with the Securities and Exchange Commission ("the SEC"), which are available on the SEC website or www.NexTierOFS.com. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates, to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Investors should not assume that any lack of update to a previously issued "forward-looking statement" constitutes a reaffirmation of that statement.
Additional information about the Company, including information on the Company's response to COVID-19, can be found in its periodic reports and other filings with the SEC, available www.sec.gov or www.NexTierOFS.com.
Investor Contact:
Kenneth Pucheu
Executive Vice President - Chief Financial Officer
Michael Sabella
Vice President - Investor Relations and Business Development
michael.sabella@nextierofs.com
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SOURCE NexTier Oilfield Solutions | https://www.kxii.com/prnewswire/2022/04/27/nextier-announces-first-quarter-2022-financial-operational-results/ | 2022-04-27T23:22:43Z |
Thomas Jane talked about his time down under in Australia and the filming of “Troppo.”
He described what and where that term “Troppo” derives from.
Jane also touched on “Vendetta” and his time on working with Mike Tyson.
“Troppo” starts streaming for free on Amazon Freevee, May 20th.
“Vendetta” will be available in select theaters, on demand and on all major digital platforms, and in Redbox kiosks May 17th.
This segment aired on the KTLA 5 Morning News on May 16, 2022. | https://cw33.com/entertainment-news/thomas-jane-talks-about-movies-vendetta-and-troppo/ | 2022-05-16T22:12:56Z |
LAS VEGAS (AP) — Israel Adesanya has the otherworldly fighting ability and the personal charisma necessary to become mixed martial arts’ next crossover superstar.
What the UFC middleweight champion doesn’t have are the highlight-reel performances that would make him famous in the wider world of sports, and it’s time to wonder whether he can provide them.
Adesanya’s tepid title defense against Jared Cannonier at UFC 276 on Saturday night was another missed opportunity for perhaps the UFC’s most impressive overall athlete to reach the next level of stardom.
In fact, Adesanya’s last three middleweight title defenses since his failed run at the light heavyweight belt have been decision victories in what MMA experts call technical, tactical performances.
Many others call them dull, no matter how earnestly Adesanya (23-1) objects.
“They don’t know what real fighting is, or real finesse,” Adesanya said afterward when asked about the fans who booed, whistled and left early during his final two rounds in Las Vegas.
“The greats all get to this point,” Adesanya added. “Anderson Silva, GSP (Georges St. Pierre), I’d see them and say, ‘That was a fantastic fight,’ and people would boo them. Same with (Muhammad) Ali, (Floyd) Mayweather. You get to this point where you’re so great, people just want to see you fall.”
But as a media-savvy fighter whose love of anime inspired his nickname — The Last Stylebender — Adesanya knows the importance of iconic moments. With his gravity-defying athleticism, he is among the few MMA fighters who can create them solely from his own talent.
He hasn’t really done it since he knocked out Robert Whittaker to claim the undisputed UFC 185-pound title in 2019. Adesanya has earned one stoppage victory in his five title defenses while doing nothing that would put him in front of everyone on a social network for days.
Before he faced Cannonier, Adesanya promised to do something spectacular — something worthy of the hefty Vegas ticket prices or the stiff $74.99 (not including the required ESPN+ subscription) for pay-per-view shows in the U.S.
He didn’t do it, and he didn’t take any risks to give himself a better chance to do it — and then the New Zealander called fans “dumb,” “drunks” and “drongos” for expecting him to do what he said he would do.
He pre-emptively shrugged off any criticism by saying he had “an off night.”
“But on my worst day, I can kill the best man,” Adesanya said.
It’s not all Adesanya’s fault, of course. He is a brilliant counterpuncher, and when an opponent like Cannonier is tentative and sparing with his strikes, Adesanya can’t do what he does best.
But the split between Adesanya’s personal magnetism and his cage strategy in Las Vegas was jarring.
Adesanya did a ring walkout designed as an homage to The Undertaker, complete with purple smoke and the pro wrestler’s trademark music and hat while carrying an urn with Cannonier’s name on it. He fought Cannonier with a French tip manicure and sparkly polish on his toenails.
“I like to put on a show,” Adesanya said of the pageantry. “I like to entertain, and I did just that.”
The matchup seemed to provide Adesanya with the opportunity to unleash some stunning head kick or a combination never seen. Instead, he grinded out a comfortable win, picking apart Cannonier from a distance in another point-fighting performance.
That style can win belts, but it rarely wins legions of fans outside of hard-core fight circles. Unless he develops a cult of personality along the lines of Mayweather’s antihero persona, it won’t take him to the top level of fame and fortune that only the greatest fighters ever reach.
It’s no secret the UFC is in a prolonged superstar drought behind Conor McGregor, still easily the most bankable star in MMA even though he has won exactly one fight since former President Barack Obama’s administration.
A new generation of champions sits atop the sport, but nobody in that cohort has anything near the celebrity of McGregor or Ronda Rousey. Jon Jones is the closest, but the self-sabotaging champ hasn’t fought in 2 1/2 years and has nothing on deck while he moves up to heavyweight, a division in turmoil around absent champion Francis Ngannou.
Welterweight champion Kamaru Usman and featherweight champ Alexander Volkanovski are atop most pound-for-pound lists, but those well-liked stars aren’t really seeking outside-the-cage notoriety, and they haven’t had it thrust upon them.
Adesanya wants it all, and he has one of the biggest personalities in the sport. He ascended to the middleweight throne in swift, impressive fashion, and he has the charmingly combative attitude of a fighter who should be known in households worldwide.
“It’s an acquired taste to thrive under this spotlight,” Adesanya said. “I thrive. I don’t melt.”
Adesanya should have another prime opportunity to become ubiquitous in his next fight against Alex Pereira, the Brazilian kickboxing sensation who knocked out Sean Strickland at UFC 276.
“It did not excite me, and it did not excite the crowd,” Pereira said of Adesanya’s win. “I was very sad to see that. I hope when we fight, he does a better fight than that. For sure, I am going make him fight to give a better show to the crowd.”
Pereira is an MMA newcomer, but he has already knocked out Adesanya during their kickboxing careers. A career-defining crossover moment looms for Adesanya to seize.
“I like the story,” Adesanya said. “My life is a movie. My life is an anime. I’m facing a guy who’s beaten me in kickboxing, and he’s still chasing me.”
___
More AP sports: https://apnews.com/hub/apf-sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/adesanyas-ufc-title-reign-still-lacks-something-special/ | 2022-07-04T12:48:44Z |
PHILADELPHIA, Sept. 9, 2022 /PRNewswire/ -- Over the past several months, Philadelphia has welcomed a handful of new Rally House stores to the area. The company is looking to commemorate these recently added locations by throwing a Grand Opening Weekend celebration at three Philly storefronts on September 17 & 18. This event will give devoted fans and customers several chances to win exciting prizes while browsing exceptional pro and college team gear.
Rally House is thrilled to maintain growth in the Philly market and help area fans win awesome prizes during the Grand Opening Weekend event. Customers can stop by three locations: Rally House Brinton Lake, Rally House Newtown, and Rally House Ivy Ridge.
There are multiple opportunities for customers to win prizes during this weekend celebration, starting with a scratch-off game ticket for the first 100 guests on Saturday and the first 100 guests on Sunday. Each scratch-off ticket includes a prize ranging from a $5 gift card to a Grand Prize $500 gift card.
During the Rally House Grand Opening Weekend event, guests can also register to win the perfect tailgating package for all the games coming up this season. The tailgate bundle consists of two chairs, one tent, one table, a cornhole set, and a $200 gift card. While only one contestant can win this package, all non-winning entries will still receive a consolation prize.
On top of incredible prizes to win, fans will also be able to shop a massive assortment of sports apparel and accessories during the Rally House Grand Opening Weekend celebration. These participating store locations carry diverse selections of pro and college teams, including favorites like the Philadelphia Eagles, Phillies, Penn State Nittany Lions, Temple Owls, and more.
Customers will have a blast competing for unique prizes and gearing up for an exciting football season during the Rally House Grand Opening Weekend event. And for even more high-quality merchandise that can ship to any state, patrons can visit www.rallyhouse.com today.
About Rally House
Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 125+ locations across 13 states.
CONTACT:
Jessica Foca, District Manager
jfoca@rallyhouse.com
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SOURCE Rally House | https://www.mysuncoast.com/prnewswire/2022/09/09/philly-participates-rally-house-grand-opening-weekend-celebrations/ | 2022-09-09T18:35:23Z |
One vote propelled the Cameron Independent School District’s $15.9 million bond package to victory.
The Milam County Elections Department on Tuesday confirmed voter approval for Cameron ISD’s bond after the county’s election board counted four outstanding ballots, none of which affected the race. The four outstanding ballots in the county included one mail-in ballot and three provisional ballots.
County Clerk Jodi Morgan said that, while the mail-in ballot deadline was Monday, the ballot board needed to be called to count the four votes.
“We only had one mail-in ballot come in yesterday,” Morgan said.
The single mail-in ballot received Monday was one of 92 such ballots that had been sent out by the county but had not been returned.
The measure passed 484 to 483, according to unofficial Election Day results.
Election officials said the department had been in contact with the Texas Secretary of State’s office throughout the day Tuesday to make sure all the procedures were done legally.
The approved bond was the district’s second attempt at securing needed funding. A similar bond package, for $14.5 million, was defeated by only four votes in November.
Cameron ISD’s bond package includes funding for a Career and Technical Education Center at the school as well as a new agriculture facility.
The mail-in ballots did not affect the passage of Bartlett ISD’s $20 million bond package, which remained in favor of the school district.
Election Day results from the district’s three counties — Bell, Milam and Williamson — showed 269 votes in favor of the district’s package and 238 opposed, a difference of 31 vote. The same package had also been defeated in November when it was proposed for the first time.
Money from the bond will go towards renovating two schools in the district with worrisome foundation slab issues.
Morgan said the results are still unofficial until the school district canvases the votes. | https://www.tdtnews.com/news/central_texas_news/article_71f7fa62-d0b6-11ec-867e-abddd258b17a.html | 2022-05-11T00:17:13Z |
Floodwaters from Yellowstone surge through eastern Montana
BILLINGS, Mont. (AP) — Montana’s largest city restarted its water plant Thursday after shutting it down amid record flooding that’s caused widespread damage in Yellowstone National Park and surrounding communities.
Residents in ravaged areas, meanwhile, cleaned up from the mess and braced for the economic fallout while the park remains closed at the height of tourist season.
The city of Billings had asked residents to conserve water because it was down to a limited supply when the Yellowstone River hit record high levels and triggered the closure of the treatment plant.
“We are aware yesterday’s alert to the community caused a panic. That was never our hope,” city officials said in a statement Thursday. “We have never witnessed a situation like the one we saw yesterday ... we did not know how bad it could get or how long it would continue.”
The floodwaters continued to move downstream. By Friday morning the flooding was expected to reach Miles City in eastern Montana. Local authorities said low-lying areas along the river could be flooded but there was no immediate risk to the city of more than 8,000 people.
Officials had asked Billings residents Wednesday to conserve water because it was down to a 24- to 36-hour supply after a combination of heavy rain and rapidly melting mountain snow raised the Yellowstone River to historic levels that forced them to shut down its water treatment plant.
“None of us planned a 500-year flood event on the Yellowstone when we designed these facilities,” said Debi Meling, the city’s public works director.
The city of 110,000 stopped watering parks and boulevards, and its fire department filled its trucks with river water.
Normal operations resumed Thursday after the river level began to drop. It crested Wednesday at more than foot above the previous recorded high in Billings in 1997.
The unprecedented and sudden flooding earlier this week drove all but a dozen of the more than 10,000 visitors out of the nation’s oldest park.
Remarkably no one was reported hurt or killed by raging waters that pulled homes off their foundations and pushed a river off course — possibly permanently — and may require damaged roads to be rebuilt a safer distance away.
On Wednesday, residents in Red Lodge, Montana, a gateway town to the park’s northern end, used shovels, wheelbarrows and a pump to clear thick mud and debris from a flooded home along the banks of Rock Creek.
“We thought we had it, and then a bridge went out. And it diverted the creek, and the water started rolling in the back, broke out a basement window and started filling up my basement,” Pat Ruzich said. “And then I quit. It was like, the water won.”
While the Yellowstone flood is rare, it is the type of event that is becoming more common as the planet warms, experts said.
“We certainly know that climate change is causing more natural disasters, more fires, bigger fires and more floods and bigger floods,” said Robert Manning, a retired University of Vermont professor of environment and natural resources, “These things are going to happen, and they’re going to happen probably a lot more intensely.”
Yellowstone officials are hopeful that next week they can reopen the southern half of the park, which includes Old Faithful geyser. Park officials say the northern half of the park is likely to remain closed all summer, a devastating blow to the local economies that rely on tourism.
Closure of the northern part of the park will keep visitors from features that include Tower Fall, Mammoth Hot Springs and the Lamar Valley, which is known for viewing wildlife such as bears and wolves.
The rains hit just as area hotels filled up in recent weeks with summer tourists. More than 4 million visitors were tallied by the park last year. The wave of tourists doesn’t abate until fall, and June is typically one of Yellowstone’s busiest months.
The season had started well for Cara McGary who guides groups through the Lamar Valley to see wolves, bison, elk and bears. She’d seen more 20 grizzlies some days this year.
Now, with the road from Gardiner into northern Yellowstone washed out, the wildlife is still there but it’s out of reach to McGary and her guide service, In Our Nature, is suddenly in trouble.
“The summer that we prepared for is not at all similar to the summer that we’re going to have,” she said. “This is an 80% to 100% loss of business during the high season.”
Flying Pig Adventures, a Gardiner-based business that guides rafting trips on the Yellowstone River, will need to rely more on tourists staying in Montana now that roads into the park are impassible, co-owner Patrick Sipp said Wednesday.
It’s a blow not unlike how COVID-19 temporarily shut down Yellowstone two years ago, reducing the park’s June 2020 tourist visits by about one-third before they rebounded over the rest of that summer.
“We’re definitely a resilient company, we’ve got a very tough crew,” Sipp said. “But it’s devastating. You just hate seeing stuff like that in the community. We’re just hoping that we can get back out there relatively soon.”
Meantime, as the waters recede, parks officials are turning their attention to the massive effort of rebuilding many miles of ruined roads and, possibly, hundreds of washed-out bridges, many of them built for backcountry hikers. Yellowstone Superintendent Cam Sholly said assessment teams won’t be able to tally the damage until next week.
Kelly Goonan, an associate professor at Southern Utah University and an expert in national parks and recreation management, said rebuilding will be a long process.
“This is something we’re definitely going to feel the impacts of for the next several years,” Goonan said.
___
Whitehurst reported from Salt Lake City. Associated Press writers Amy Beth Hanson in Helena, Mead Gruver in Cheyenne, Wyoming and Brian Melley in Los Angeles contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/16/floodwaters-yellowstone-surge-through-eastern-montana/ | 2022-06-16T15:54:51Z |
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Humanigen, Inc. (NASDAQ: HGEN) alleging that the Company violated federal securities laws.
Class Period: May 28, 2021 to July 12, 2022
Lead Plaintiff Deadline: October 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in HGEN:
https://www.kleinstocklaw.com/pslra-1/humanigen-inc-class-action-loss-submission-form?id=31576&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Humanigen, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Humanigen's lead product candidate, lenzilumab, was less effective in treating hospitalized COVID-19 patients than defendants had represented; (ii) as a result, the U.S. Food and Drug Administration was unlikely to approve the lenzilumab Emergency Use Authorization and the ACTIV-5/BET-B study was unlikely to meet its primary endpoint; (iii) accordingly, lenzilumab's clinical and commercial prospects were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Humanigen you have until October 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Humanigen securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the HGEN lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/humanigen-inc-class-action-loss-submission-form?id=31576&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
535 Fifth Avenue
4th Floor
New York City, NY 10017
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/09/13/hgen-alert-klein-law-firm-announces-lead-plaintiff-deadline-october-25-2022-class-action-filed-behalf-humanigen-inc-shareholders/ | 2022-09-13T11:06:13Z |
MOSCOW (AP) — The trial of a former journalist who has remained behind bars for more than 20 months on charges of passing military secrets to Czech intelligence began in a Moscow court on Monday.
Ivan Safronov has vociferously insisted on his innocence, while he and many of his colleagues have dismissed the charges as absurd.
Safronov had written about military and security issues for a decade before becoming an adviser to Dmitry Rogozin, the head of the Russian space agency Roscosmos. He as remained in custody since his July 2020 arrest in Moscow by agents of the Federal Security Service (FSB), the main successor to the KGB.
Speaking to reporters from a glass cage at the Moscow City Court before the start of the closed doors proceedings, Safronov rejected the charges as “nonsense.” He faces up to 20 years in prison if convicted.
In a speech released by his lawyer prior to the trial’s start, Safronov said he had collected all the information from open sources in the course of his work and did nothing illegal. He argued that the FSB has failed to clearly outline the treason charges and explain what secrets he had allegedly revealed.
Many Russian journalists and human rights activists have pushed for Safronov’s release, and some have alleged that the authorities may have wanted to take revenge for his reporting that exposed Russian military incidents and shady arms deals.
The FSB has accused Safronov of relaying sensitive data to a spy agency of an unspecified NATO member that related to “military-technical cooperation, defense and security of the Russian Federation.” Safronov’s lawyers have specified that the FSB has accused Safronov of cooperating with an intelligence agency in the Czech Republic, providing information about Russian arms sales to the Middle East and Africa when he worked as a correspondent for top Russian business daily Kommersant.
Roscosmos has said that Safronov didn’t have access to state secrets, and claimed that the charges didn’t relate to Safronov’s work for the corporation, which he joined in May 2020.
Rights activists, journalists, scientists and corporate officials who have faced treason accusations in Russia in recent years have found it difficult to defend themselves because of secrecy surrounding their cases and a lack of public access to information.
Safronov’s father also worked for Kommersant covering military issues after retiring from the armed forces. In 2007, he died after falling from a window of his apartment building in Moscow.
Investigators concluded that he killed himself, but some Russian media outlets questioned the official version, pointing to his intent to publish a sensitive report about secret arms deliveries to Iran and Syria. | https://cw33.com/news/international/ap-international/russian-former-journalist-on-trial-for-alleged-treason/ | 2022-04-05T13:42:52Z |
NASA announced Saturday that a crucial moon mission test has again been delayed and is now scheduled to begin on Tuesday.
The space agency was scheduled to begin a prelaunch test for NASA's Artemis I mission to the moon. The Artemis program is NASA's first mission to the moon since 1972.
On the NASA blog, the agency said the test was pushed due to a malfunctioning valve.
"Engineers have identified a helium check valve that is not functioning as expected, requiring these changes to ensure safety of the flight hardware," the agency said. Engineers at the Kennedy Space Center will evaluate the valve and replace it if needed, the agency added.
The critical prelaunch test is known as a "wet dress rehearsal" and simulates every stage of launch without the rocket actually leaving the launchpad. The Space Launch System (SLS) rocket and Orion spacecraft will be powered on, supercold propellant will be loaded into the rocket's tanks (the "wet" in wet dress rehearsal), and NASA's team will go through a full countdown simulating the launch.
This is the third time the wet dress rehearsal has been delayed. Originally scheduled for February, the rehearsal was delayed once for further testing and then again for issues involving propellant loading. The test is essential to determining when exactly NASA will conduct its Artemis I mission, in which an uncrewed spacecraft will reach the moon and then travel thousands of miles beyond it.
NASA has said that it plans to launch the mission in June or July, depending on the results of the wet dress rehearsal. The first step will be an uncrewed mission -- Artemis I. Then, Artemis II will take astronauts on a crewed flyby of the moon, and Artemis III will bring NASA astronauts to land on the lunar surface for the first time in fifty years.
The agency hopes to land the first woman and the first person of color on the lunar surface by 2025.
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Digital Health Veteran to Bring Strategic Vision and Long-Term Growth Focus
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Remedy Health Media ("Remedy" or "the Company"), a leading digital health platform serving patients, caregivers, and healthcare providers through a family of trusted digital brands, today announced the appointment of Steve Zatz, M.D., as Chairman and Chief Executive Officer. The Company will conduct a process within the coming year to identify an individual who will assume the role of Chief Executive Officer while Dr. Zatz continues in his role as Chairman of the Board.
Dr. Zatz succeeds Mike Cunnion, who has led the company for 14 years, during which Remedy has become one of the leading digital health and content platforms in the industry. Mr. Cunnion will continue to provide strategic guidance through his role on the Board of Directors.
"It has been a privilege to lead Remedy for the last 14 years, and I could not be prouder of the growth we have achieved, the team we have built and the countless patients, caregivers and healthcare professionals we have positively impacted, supported and empowered," said Mr. Cunnion. "Steve is a pioneer in the digital healthcare space, and I know that he will bring a unique perspective and tireless drive to expanding our audience and growing our commercial business."
Dr. Zatz is a long-time industry leader in the digital health sector. He spent more than 20 years at WebMD and held various senior positions, including President and CEO. Under his leadership, WebMD became the leading source of online information for consumers and healthcare professionals. Before joining WebMD, Dr. Zatz founded and ran US Quality Algorithms (USQA), a subsidiary of US Healthcare (now Aetna), and earlier served as CEO of Physicians' Online. He currently serves as a Director of Prognos Health.
"I've spent my career helping inform the decisions patients and healthcare professionals make in order to enhance patients' quality of life and outcomes. I greatly admire the impressive work that Mike has done to position Remedy for long-term success and am very excited to join a company that shares my mission and values," said Dr. Zatz. "Remedy has a unique portfolio of highly engaging brands that provide current, informative and inspiring content, and there are many exciting opportunities for continued growth across the business in today's digital health economy."
Dr. Zatz continued, "I look forward to working with the talented team at Remedy as we continue to expand the reach and impact of Remedy's leading digital brands."
Remedy Health Media board member Nick Amigone added, "Mike's efforts have provided the business with a remarkable foundation and numerous opportunities for continued growth, and I look forward to working with our Board of industry veterans and the Remedy leadership team to position the company to enter a new phase of growth."
About Remedy Health Media
Remedy Health Media is a leading digital platform that serves communities of patients, care partners and healthcare professionals through a family of trusted health brands that exist to remove barriers and inspire action towards better health. Remedy Health Media owns and operates HealthCentral, Patient Power, TheBody, PsyCom, EndocrineWeb, Practical Pain Management, Spine Universe, TheBodyPro, EndocrineWebPro, Oncology Business Review, PsycomPro, and SpineUniversePro.
Contact
Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
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SOURCE Remedy Health Media | https://www.wibw.com/prnewswire/2022/09/14/remedy-health-media-appoints-steve-zatz-chairman-chief-executive-officer/ | 2022-09-14T18:01:18Z |
WNBA to honor Brittney Griner with league-wide floor decals
(AP) - The WNBA will honor Phoenix’s Brittney Griner with a floor decal and allow the Mercury to pay her without it counting against the team’s cap, the league announced Tuesday.
The All-Star center remains in Russia after being detained following her arrival at a Moscow airport on Feb. 17. Russian authorities said a search of her luggage revealed vape cartridges that allegedly contained oil derived from cannabis, which could carry a maximum penalty of 10 years in prison. She has a hearing set for May 19.
The decal will feature Griner’s initials “BG” as well as her No. 42. All 12 teams will have the decal on their home courts starting with the season opener Friday night. The Mercury open their season at home that night against the Las Vegas Aces.
“As we begin the 2022 season, we are keeping Brittney at the forefront of what we do through the game of basketball and in the community,” said WNBA Commissioner Cathy Engelbert. “We continue to work on bringing Brittney home and are appreciative of the support the community has shown BG and her family during this extraordinarily challenging time.”
The league also approved giving the Mercury both roster and salary cap relief so that they can carry a replacement player until Griner returns home. Griner will be paid her full salary of nearly $228,000.
Engelbert announced at the WNBA Draft there would be a league-wide charity initiative spearheaded by the Mercury to support Griner’s philanthropic project, called BG’s Heart and Sole Shoe Drive, which helps the homeless.
“In conjunction with the league, the other 11 teams, and those closest to BG, we will work to keep her top-of-mind as we tip the 2022 season,” said Mercury Executive Vice President and GM Jim Pitman. “While we await her return, our main concern remains for her safety and well-being. Our fans will miss her impact on the court and in our community, and this gesture of including her initials on every court and our BG’s Heart and Sole Shoe Drive activation in every market are for them and for her.”
Griner had one of her best seasons last year — the league’s second-leading scorer and sixth in rebounds. She helped the Mercury reach the WNBA Finals, where they lost to the Chicago Sky.
___
More AP women’s basketball: https://apnews.com/hub/womens-basketball and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/03/wnba-honor-brittney-griner-with-league-wide-floor-decals/ | 2022-05-03T13:58:05Z |
The latest set of product innovations makes it even easier to build custom first and third-party experiences on top of the Yext Answers Platform.
NEW YORK, July 28, 2022 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the Answers company, today announced the availability of its Summer '22 Release for early access.
New features highlight the company's commitment to creating a powerful, composable platform that can be flexibly deployed to address a wide variety of business needs. The release also introduces a transition from "Answers" to "Search," a name change for the product that adds robust natural language search to websites, apps, and workspaces.
"Businesses today have to contend with an increasingly complex digital landscape. Instead of managing dozens of single-purpose applications, organizations should be empowered to consolidate essential functionality into one platform that can power both first and third-party experiences," said Maxwell Shaw, SVP of Product Management at Yext. "The features included in our Summer Release help businesses do just that. With Yext, organizations have a centralized platform that can be leveraged to create seamless multi- or omnichannel digital experiences that are more efficient, cost effective, and gratifying for the end-user."
The Summer '22 Release includes the following features:
- Listings Updates: Newly available analytics from Google will provide further visibility into engagement metrics, as well as the specific keywords that surface listings in search results. Improved status detail messages will give companies an easier way to manage and troubleshoot Listings across the industry's largest network of 250+ direct integration partners.
- Custom Pages Development: An improved, open technical architecture allows external developers to more easily create SEO-optimized landing pages at scale. Developers can build locally, connect GitHub repositories, and take advantage of modern development tools to quickly deploy pages with content stored in the Yext Knowledge Graph.
- AI Data Cleaning*: An addition to the Connectors framework takes user-provided examples of input/output transformations to create and apply a machine learning model for cleaning data. This added flexibility is extremely helpful for users who would otherwise write complex functions or format data manually.
- Fully Custom Search UI: Developers have access to a new React component library, which is a great resource for those looking to build a bespoke frontend experience with Yext search components. The first major version of the library includes a wide range of customizable features that allow for increased flexibility when designing a user interface, such as FilterSearch, Facets, and more.
- Solstice Algorithm Update: With the Solstice algorithm update, administrators can optimize their search experiences even further with Custom Phrases. The update also introduces Multi-Hop Relationships, which support complex user questions that require information from various sources at the same time. With Multi-Hop Search, end-users can query data that is stored on related entities, several "hops" away in the Yext Knowledge Graph.
Discover more new features in Yext's Summer '22 Release Notes.
*AI Data Cleaning is being released as a Preview feature, which allows for an extended early access period.
Yext (NYSE: YEXT) is the Answers company and is on a mission to empower every company in the world to provide authoritative answers to every question about their organization. Yext leverages AI to collect and organize a company's information and deliver it — in the form of answers — to customers, employees, and partners. Yext's Answers Platform works by pulling in information, organizing it into a Knowledge Graph and then delivering it via a set of platform services, including Listings, Search, Pages & Reviews. Brands like Verizon, Subway, and Marriott — as well as organizations like the U.S. State Department — trust Yext to radically improve their business and deliver perfect answers everywhere.
CONTACT: Gordon Knapp, pr@yext.com
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SOURCE Yext, Inc. | https://www.wibw.com/prnewswire/2022/07/28/yext-introduces-new-listings-features-custom-pages-development-tools-ai-data-cleaning-more-summer-22-release/ | 2022-07-28T11:37:45Z |
NEW YORK, June 16, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Pegasystems Inc. (NASDAQ: PEGA) between May 29, 2020 and May 9, 2022, both dates inclusive (the "Class Period"), of the important July 18, 2022 lead plaintiff deadline.
SO WHAT: If you purchased PEGA securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the PEGA class action, go to https://rosenlegal.com/submit-form/?case_id=6286 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 18, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian; (2) Defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) Defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through the personal involvement of PEGA's CEO; (4) PEGA's CEO and other officers and employees did not comply with PEGA's written Code of Conduct; (5) PEGA was "unable to reasonably estimate damages" in the Appian Litigation; and (6) as a result of the foregoing, Defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
The truth regarding PEGA's fraudulent conduct was revealed after the close of the markets on May 9, 2022, when PEGA issued a press release announcing that the jury in the Appian Litigation had awarded Appian more than $2 billion for PEGA's misappropriation of trade secrets. In response to this news, PEGA's stock price fell 21%, from a closing price of $65.93 per share on May 9, 2022, to a closing price of $52.25 on May 10, 2022. As the market continued to digest the verdict, PEGA's stock price dropped another 8% to close at $48.07 per share the following day.
To join the PEGA class action, go to https://rosenlegal.com/submit-form/?case_id=6286 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
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The Rosen Law Firm, P.A.
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New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/06/16/rosen-top-ranked-firm-encourages-pegasystems-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-pega/ | 2022-06-16T19:41:53Z |
Atchison man arrested after woman injured in weekend UTV crash
ATCHISON, Kan. (WIBW) - An Atchison man was arrested in connection with multiple offenses including driving under the influence following a weekend utility terrain vehicle crash that sent his female passenger to an area hospital, according to KAIR Radio.
The crash was reported around 8 p.m. Saturday in the vicinity of US-73 highway and Service Road, on Atchison’s west side.
KAIR reports that Atchison Police Chief Mike Wilson said an officer on patrol saw a utility side-by-side vehicle driving “recklessly” in the area of US-73 and Service Road.
The officer attempted to stop the UTV, but the vehicle instead went a short distance before it left the roadway and rolled onto its side.
KAIR reports that a 36-year-old woman who was a passenger in the UTV was transported by Atchison County Emergency Medical Services to Mosaic Life Care in Saint Joseph, Mo., where she was treated for unspecified injuries.
Meanwhile, Wilson said Eric Molt, 45, was arrested Saturday in the 300 block of S. 22nd St. in Atchison in connection with driving under the influence; fleeing and attempting to elude; transporting an open container; reckless driving; and unlawfully operating a utility vehicle in the city limits.
KAIR reports that Molt was issued a notice to appear in court.
Additional details weren’t available.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/12/atchison-man-arrested-after-woman-injured-weekend-utv-crash/ | 2022-04-12T11:57:39Z |
Times of high fertilizer and fuel prices have Blackland region farmers looking for cost-saving soil strategies. The recent Stiles Farm Field Day featured several take-home solutions to help offset record-high input costs.
The Stiles Farm Field Day is an annual event hosted by the Texas A&M AgriLife Extension Service and attracts producers from throughout the Blackland region and across Texas.
The Stiles Farm is fully self-supported by the sales of both crops and livestock.
Banking on the soil
During the field day, Ben McKnight, Ph.D., AgriLife Extension state cotton specialist, Bryan-College Station, emphasized to producers the importance of soil testing and determining how much nitrogen is stored deep below the surface.
“Soil sampling pays for itself,” he said. “Soil testing is key and is an excellent investment considering the high costs of fertilizer.”
He noted cotton producers have an advantage since cotton “is more of an outlier and doesn’t require as much nitrogen as other crops to achieve profitable yields.”
McKnight said in certain situations farmers may already have enough nitrogen stored deep in the soil profile and initial or secondary applications may not even be needed. He cited an AgriLife Extension nutrient management study in 2010 that found high rates of nitrogen in San Patricio County available to cotton plants at depths of 12 to 24 inches.
In San Patricio County, as much as 20 pounds of available plant nitrogen was discovered. Almost the same favorable amounts were found in soil samples conducted in Wharton and Colorado counties.
McKnight said nitrogen rates will vary across the Texas region and soil compaction will have negative effects, but saving on input costs on fertilizer will help farmers keep more dollars in their pockets.
“Every farmer has their own individual production style and plan,” he said. “Soil sampling is an investment, but it pays for itself.”
Another study conducted in 2013 revealed that if soil testing costs an average of $3 an acre, more than 81% of farmers having their soil tested had a savings of $10 or more per acre in nitrogen expense. Even if a farmer were to save $40 an acre in nitrogen input costs on a 3,000-acre crop, that would total $120,000 in savings.
“Every crop in every region is different, but there are some savings that can be achieved by conducting a simple soil test,” he said.
Soil compaction issues
Ryan Collett, farm manager and AgriLife Extension specialist, said the farm has experimented with no till and cover crops over the years, but both options have a very thin margin of error.
“It has been a struggle to see the benefit with some of our no-till operations,” he said. “My plan is to start with smaller acreage and slowly add to it if we start seeing soil health and production benefits over time. Soil compaction has been a major issue, so when we do plow we are trying to go as deep as our horsepower allows. Then we follow up with a land finisher to start clean before planting.”
Crops endure conditions
Collett said the wheat crop was very variety dependent this year.
“It was a great year to show the benefits of our statewide wheat variety trials,” he said. “Hessian fly was the biggest concern for us. Where we planted TAM304, it handled the hessian fly better and we yielded between 50-60 bushels. However, our wb4699 did not handle the hessian fly as well and our yields suffered.”
Following wheat harvest, a sesame variety was no-till drilled into the stubble and is showing some promise, Collett said.
“It takes only three or four days for the seed to start sprouting,” he said. “Some rows are emerging better than others. Sesame is very drought tolerant but is tricky to make a stand.”
Collett said he was counting on a strong corn and cotton crop to offset input costs this season, but the extremely hot and dry spring has been difficult.
Regarding the corn crop, Collett said initially they were shooting for higher yield projections, but the escalating prices of fertilizer throttled back plans for a second application.
The farm has two fulltime employees and with funds from the Williamson County Farm Bureau board of directors, has hired two local high school student interns. They are getting valuable first-hand experience, Collett said.
“The first thing they learn is how to drive a stick shift, then they are ready to learn how to operate a tractor, help put out hay for the cows and learn equipment maintenance,” he said. “They’ve really been a big help, and I think they are enjoying their experience.”
The Stiles Farm also features a fiber hemp trial led Gary Pastushok, AgriLife Extension agent for Williamson County.
“There are still a lot of unknowns regarding fiber hemp as a new crop opportunity in the area.” Collett said. “At this point we are trying to evaluate which varieties have a chance for fiber success and then from there try to build market opportunities. But again, the trials are important because several of the varieties planted did not establish at all. Better to know now than when we plant larger acreage.” | https://www.tdtnews.com/news/article_c9fe0a6c-fb54-11ec-955e-83da64f75e41.html | 2022-07-04T06:50:27Z |
SHANGHAI, July 28, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will release its unaudited financial results for the second quarter 2022 ended June 30, 2022, after the U.S. market closes on August 17, 2022.
ZTO's management team will host an earnings conference call at 8:30 P.M. U.S. Eastern Time on Wednesday, August 17, 2022, which is 8:30 A.M. Beijing Time on Thursday, August 18, 2022.
Dial-in details for the earnings conference call are as follows:
A replay of the conference call may be accessible through August 24, 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://zto.investorroom.com.
About ZTO Express (Cayman) Inc.
ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company") is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.
ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.
For more information, please visit http://zto.investorroom.com.
For investor inquiries, please contact:
Investor Relations
Tel: (86) 21 5980 4508
Email: ir@zto.com
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SOURCE ZTO Express (Cayman) Inc. | https://www.kxii.com/prnewswire/2022/07/28/zto-announce-second-quarter-financial-results-august-17-2022-us-eastern-time/ | 2022-07-28T11:36:14Z |
SHANGHAI, July 28, 2022 /PRNewswire/ -- KEENON Robotics, a world-leading pioneer in the unmanned delivery industry, proclaimed July 28th as its brand day. As a critical opportunity to connect with clients and offer enhanced service and several benefits, KEENON Brand Day 2022 takes a combined approach of online and offline events. In addition to ongoing social media updates, multiform offline events are held in six business regions across North America, Europe, Asia Pacific and the Middle East.
KEENON Brand Day is designed to show thankfulness and bring three major upgrades to its consistently supportive clients all over the globe. KEENON knows that it is the trust of customers and competitive core-technology that make a company everlasting.
"Since our founding in 2010, KEENON Robotics has made an amazing journey for 12 years and has become a world's leading commercial service robot company. I would like to express sincere gratitude to our dearest business partners. We will always be dedicated to R&D so as to provide better products and service for clients," said Tony Li, CEO and founder of KEENON Robotics.
Up to now, with over 30,000 robots operating in more than 600 cities daily, KEENON robot servers have been seen in manifold fields. Through utilizing artificial intelligence, KEENON Robotics will step up efforts to help improve efficiency of the service industry worldwide and ensure a harmonious coexistence between humans and technology.
Information About KEENON Brand Day:
Brand Upgrade. KEENON Robotics introduces three sub-brands for three main product lines, which are DINERBOT for the food delivery robot before, BUTLERBOT for the building delivery robot, and GUIDERBOT for the guiding robot, as it seeks to offer thoughtful service and meet the needs of different business scenarios.
Product Update. KEENON Robotics officially releases DINERBOT T8 laser version to the global market and pre-releases brand new robot waiter named DINERBOT T2 Pro.
Service Enhancement. Effective July 28th, KEENON aftersales program, KEENON ON-care, provides certain service extension for clients after July 1st 2022.
About KEENON Robotics:
Founded in 2010, KEENON ROBOTICS offers intelligent, reliable, and convenient solutions for various scenarios including restaurants, hotels, shopping malls, supermarkets, and factories. In September 2021, KEENON completed a $200M Series D financing led by Softbank Vision Fund 2 (SVF2), marking the largest funding ever received by a service robot company. KEENON robots have been deployed in more than 60 countries.
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SOURCE KEENON Robotics | https://www.kxii.com/prnewswire/2022/07/28/keenon-robotics-celebrates-brand-day-with-triple-surprise/ | 2022-07-28T14:33:50Z |
‘There’s been so much prayer’: Family reunites in US after fleeing war-torn Ukraine
BATON ROUGE, La. (WAFB/Gray News) - A family with ties to Louisiana is back home after a tough journey out of Ukraine.
WAFB reports Jeffrey White Jr. was born and raised in Baton Rouge, but he moved to Ukraine in 2019, where he met his wife, Katya.
In February, the couple had their first child, Jeff White III. Two weeks later, Russian forces bombed and invaded their city in Ukraine.
The family was forced to flee to Poland and have spent the last two months fighting to get to Louisiana.
“It’s just really hard to believe it’s finally going to end. That we’re finally going to see them again,” said Jeffrey White Sr.
On May 21, the White family made it to the U.S. via a flight from Poland to Chicago and a connecting flight to New Orleans.
White Sr. and his wife got to meet their grandchild for the first time.
Even though the journey is complete, White Jr. said it wasn’t easy.
“It’s surreal. The heat and humidity are the only things keeping me in reality right now that I’m actually here,” White Jr. said.
He said it took them weeks to get a visa for his wife and just as long to get the proper paperwork so baby Jeff could travel.
Since their baby was only a few days old at the time of the invasion, they never got his birth certificate. So, they had to submit a DNA test to prove he was their son.
“The only ones that counted were the ones that came from specific American labs. So we had to buy it, get it sent over, and in Poland, they don’t do DNA tests at the embassy,” White Jr. said.
Additionally, on their flight to Louisiana, the couple said they were forced to make an emergency landing in Iceland after someone had a medical emergency on the plane. This delayed their U.S. arrival by a day.
“There’s been so much prayer and worry and thought and work that it’s amazing. I don’t think it’s registered that it’s actually over,” White Jr. said.
The family said it plans to throw a party in the coming weeks to celebrate the homecoming.
Copyright 2022 WAFB via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/25/theres-been-so-much-prayer-family-reunites-us-after-fleeing-war-torn-ukraine/ | 2022-05-25T20:38:06Z |
Report from Staffing Industry Analysts highlights 225 companies with U.S. staffing revenue of $100 million or more in 2021
JACKSONVILLE, Fla., Aug. 4, 2022 /PRNewswire/ -- Consulting Solutions, a nationally recognized leader in technology workforce and consulting services, announced today that it has again been named as one of the largest U.S. staffing firms by revenue by Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions. This year's report highlights 225 companies that generated at least $100 million in U.S. staffing revenue in 2021.
Consulting Solutions had staffing revenue of $155 million in 2021. This is the fourth consecutive year that the company has been named to the list.
"We're very pleased to make Staffing Industry Analysts' list of the largest U.S. staffing firms by revenue for the fourth consecutive year," said Michael Werblun, CEO of Consulting Solutions. "As always, our mission is to offer the full range of IT workforce and consulting services from a single-source provider that clients know and trust. We strongly believe that our commitment to our clients and consultants, as well as our unwavering passion for excellence, contribute to our organization's steady growth."
"While some industries experienced disruptions in 2021, the staffing industry instead flourished in an environment of record demand," said Timothy Landhuis, VP of Research at SIA. "We salute the hard work and resourcefulness of the staffing firms that appear on this year's list, that were able to deliver at record scale, and that altogether generated an extraordinary $135 billion in staffing revenue."
Consulting Solutions making the SIA list of largest U.S. staffing firms follows the company also being named among the 2022 Best and Brightest Companies to Work For® in the Nation by the National Association for Business Resources (NABR).
About Consulting Solutions
Consulting Solutions (www.consultingsolutions.com) is a nationally recognized leader in technology solutions and services. Consulting Solutions' key practice areas include Agile Development, Application Development, Advanced Analytics, Cloud & Infrastructure, Cybersecurity, Delivery Leadership, and ERP (SAP & Oracle). Our scalable engagement models—from individual technology consultants to strategic enterprise programs—enable clients to tap into world-class talent, expertise, and services to drive technology and enterprise transformation initiatives. Consulting Solutions was recently named to the Inc. 5000 list of America's fastest-growing private companies, the SIA Fastest-Growing Staffing Firms in the U.S. and SIA Largest Staffing Firms in the U.S., and was the recipient of ClearlyRated's Best of Staffing for both Client and Talent Satisfaction.
Media Contact:
Kathy Berardi
kberardi@carabinercomms.com
678.644.4122
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SOURCE Consulting Solutions | https://www.kxii.com/prnewswire/2022/08/04/consulting-solutions-ranks-one-largest-us-staffing-firms-fourth-consecutive-year/ | 2022-08-04T14:08:40Z |
Southwest Airlines to Discuss Second Quarter 2022 Financial Results on July 28, 2022
Published: Jul. 21, 2022 at 4:57 PM EDT|Updated: 54 minutes ago
DALLAS, July 21, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) invites you to listen to a live webcast of its second quarter 2022 financial results. Details are as follows:
To access the live audio webcast and subsequent replay, click on the link above, or go to www.southwest.com and click on "Investor Relations" under the "About Southwest" menu at the bottom of the page. The audio webcast can be found under "News & Events" in the drop down menu. Registration for this event begins 20 minutes prior to the start of the call.
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SOURCE Southwest Airlines Co.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/21/southwest-airlines-discuss-second-quarter-2022-financial-results-july-28-2022/ | 2022-07-21T21:51:00Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Attention Riskified Ltd. ("Riskified Ltd.") (NYSE: RSKD) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering.
If you suffered a loss on your investment in Riskified Ltd., 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 Riskified Ltd. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
Aggrieved Riskified Ltd. investors only have until July 1, 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/2022/06/13/class-action-alert-law-offices-vincent-wong-remind-riskified-ltd-investors-lead-plaintiff-deadline-july-1-2022/ | 2022-06-13T11:14:19Z |
At least 52 people have died in landslides, lightning strikes and flash floods across India and Bangladesh in the past week, according to officials in both countries.
Northeastern India and northern Bangladesh have been particularly badly hit by severe weather, which has prompted some of the worst flooding in the region in years and left some towns cut off.
A lightning strike killed 17 people on Saturday in the northeastern Indian state of Bihar, according to its Chief Minister, Nitish Kumar.
In the state of Meghalaya, which borders Bangladesh to the south, at least 24 people have died since June 9 and three are missing, according to R. Lyngdoh, a senior official in Meghalaya's State Disaster Management Authority.
More than 633,000 people have been affected by the floods, and the state's Disaster Management Authority will conduct airdrops of essential commodities for certain districts that are cut off by road, Lyngdoh added.
In the neighboring state of Assam, at least nine people died and eight people were missing as of Sunday evening, according to the state disaster management authority, which is operating 1,147 relief camps housing 186,424 displaced people.
In Bangladesh, flooding has submerged roads and highways and isolated entire districts from the rest of the country.
Enamur Rahman, the country's State Minister for the Ministry of Disaster Management, told CNN on Sunday that at least two people had died due to the flooding. News agency reports suggest the toll is much higher, however, with Reuters reporting 25 deaths over the weekend, citing local officials.
A lack of telecommunication services has made it difficult to fully assess the extent of the damage, particularly in the hard-hit districts of Sylhet and Sunamganj, Rahman said.
Around 90% of Sunamganj was underwater and almost entirely isolated from the rest of Bangladesh on Sunday, he added.
The news agency Bangladesh Sangbad Sangstha (BSS) reported on Saturday that nearly six million people had been displaced due to the floods.
Officials said millions were being provided with food and shelter in temporary relief camps.
"We were having trouble establishing communication with some districts, but we are now in touch with everyone. Our main issue right now is a lack of drinking water and food, but we are arranging for (some) and trying to transport it using helicopters," said Muhammad Mosharrof Hossain, a senior official in Bangladesh's Sylhet division, one of the worst affected areas.
Around 300,000 people are currently in shelters as of Monday, Hossain added.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/heavy-rain-floods-and-lightning-leave-dozens-dead-in-india-and-bangladesh/article_96330d5d-62fa-5016-b8cd-f721564d27ac.html | 2022-06-20T14:08:45Z |
An alligator blocking his doorstep was no obstacle for one Texas dad making sure his daughter got to her first day of middle school on time.
Mike Trinh, who owns and operates a seafood restaurant in Houston, thought his youngest daughter Caitlyn was joking when she told him there was an alligator outside their front door, according to CNN affiliate KPRC-TV.
"It's my youngest daughter's first day in middle school," wrote Trinh in a Facebook post describing his close encounter. "As she's about to go to the car, she runs back saying there's an alligator at the front door. I'm thinking she's playing."
But his daughter wasn't joking -- and indeed there was an unexpected, scaly visitor at the Trinhs' doorstep.
"All my years watching Steve Irwin, I figured I can deal with any wildlife as long as it ain't a stingray," said Trinh on Facebook.
The restaurant owner set about implementing the steps he'd learned from years watching the famed "Crocodile Hunter." He threw a towel on the alligator's head to calm it down, "so I can take the kids to school," he wrote. Then he got on the gator's back, held its mouth closed, and enlisted his 19-year-old daughter to tape its mouth shut with duct and jiu-jitsu tape.
Trinh and a friend then loaded the alligator in the back of a truck and released it into a nearby pond, reports KPRC-TV.
The amateur alligator wrangler said that he's glad his daughters got photos of the encounter.
"I think if [my daughter] told her friends at school, they probably wouldn't believe her," he said, according to KPRC-TV.
"Alligators are common in parts of Texas but have a natural fear of humans and will typically retreat when approached," said the Texas Parks and Wildlife Department in a statement shared with CNN. "However, people who encounter a potential nuisance alligator in a non-emergency situation should call Texas Parks and Wildlife Department's Law Enforcement Communications dispatch center."
Feeding and harassing alligators is a Class C misdemeanor in the state.
To determine the most popular song in Beyoncé's discography, Stacker looked at her RIAA singles data and Billboard Hot 100 data and ranked her top 10 tracks. Click for more.
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NEW YORK, June 30, 2022 /PRNewswire/ -- There is a new platform for Fans to leave reviews for Creators across social media.
Fan.Reviews (fan dot reviews)
Advertised as "the TrustPilot/Yelp for the Creator Economy". Fan Reviews is seeing early adopters from Patreon and Onlyfans Creators who are using the site to encourage potential fans to Subscribe and join their communities.
Creators are adding their FanReview links to their LinkTrees/link aggregator tools as a "badge of honor".
The company claims that allowing past subscribers to leave a positive reviews will be extremely powerful and will build trust amongst fans. FanReviews aims to be the fastest and most trustworthy way for fans to leave feedback on Creators content, which should help Creators get MORE subscribers every month.
What about spammers, bullying or fake reviews? The site has built in security features which allow reviews to be flagged by anyone in the community and FanReviews employs a full time team of moderators so that abuse and spam is kept off of the platform. Creators can claim their page and flag reviews for moderation as well.
FanReviews has a comprehensive 10-star review system with abilities to add badges to reviews such as 'Sells Customs', 'Frequent Poster' and other attributes which Fans want to know before they subscribe to a Creators exclusive content page. This helps Fans know what they are subscribing to before paying. The platform says they are building capabilities for Creators to also interact with Fans such as Replying to Reviews or Pinning reviews to the top of their feed.
There are over 12,000 profiles in existence, and more are being created by community members every day. https://fan.reviews/creators/
The company believes the influencer/creator economy is here to stay and every economy needs a review system. Fan.Reviews seems like a very promising and early platform to enable this for creators and fans alike.
Learn more about FanReviews here. https://fan.reviews
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SOURCE FanReviews | https://www.wibw.com/prnewswire/2022/06/30/fanreviews-yelp-creator-economy-launches-creators-across-internet-are-being-reviewed-by-their-fans/ | 2022-06-30T14:03:47Z |
LONDON, June 7, 2022 /PRNewswire/ -- The burgeoning financial crisis plaguing consumers and small businesses, is causing a severe cash-flow problem. It's an extremely worrying picture and, unfortunately, things do not look like they will get better anytime soon.
Luckily, an effective solution is at hand. Finance business, Payfor, represents a growing customer portfolio of SMEs boosting their cash flow with up to 50% more cash in the bank and an 85% invoice collection success rate.
With services ranging from account receivables management to cross-border debt collection and legal recovery, Payfor is the last line of defence for many businesses.
Figures from the Office for National Statistics show that 2 million of the UK's small businesses had less than three months' worth of cash left to support their operations. According to the chairman of the Federation of Small Businesses, around 10% of those (200,000) were in "serious trouble", and another 300,000 "have only got weeks left".
Giles Goodman founded Payfor in 2018. Prior to this, he was in the music industry negotiating record deals for top 40 artists like Robert Miles, Fatboy Slim and Fedde Le Grand. He's also developed and sold luxury properties in Tel Aviv.
"Before I started Payfor, I did actually have an experience of my own business being owed money. I've been in the same position as many business owners, feeling the frustration and despair of trying to recover funds from a company that is on the other side of the world."
Commenting on the current predicament of businesses facing hardship, Goodman adds:
"When doing business, "Cash Is King. Companies need liquid capital to cover overheads and reinvest in growing their business. Right now, so many SMEs are being deprived of this by larger corporations or unreliable clients. With the additional external force of record inflation adding pressure, the cracks are beginning to show."
According to the ONS, in the UK, the five-year survival rate for businesses born in 2014 is 42.5%. Goodman speculates that a large portion of failed businesses are due to not being able to keep up with chasing payments for the services that they deliver, a problem he vows to fix:
"When starting out in business, it can be crippling to your operations to be owed money. I started Payfor to take away the stress of having to chase payments for services you've already delivered. Our core belief is that companies deserve to be paid on time!".
Payfor provides outsourced Accounts Receivables. It works as a white label service to issue, chase and collect monthly owed invoices. By outsourcing this operation, companies optimise working capital, saving time and resources.
"We actually increased the amount of money that was in our bank account by 50% within the first three months that we took on Giles and Payfor. That's a huge increase compared to when we had our accounts receivables team that was internal." says Paolo Zanini, CEO of a video production agency.
Debt collection was where Payfor originally started and still makes up the bulk of its business. Now that the company has grown, this service now follows on seamlessly from the account receivables management and is complemented by a Legal Recovery service which manages litigation for clients at no extra cost.
About Payfor:
Payfor is a B2B collection agency based in London but operating worldwide. Its aim is to work with companies and increase their cash flow by overseeing their invoicing and late payments. More information can be found at: https://www.payfor.global
Media Contact:
Jenna-Leigh Soobramoney
Head of Marketing
TBD Media Group
j.ancill@tbdmediagroup.com
Video - https://mma.prnewswire.com/media/1834355/Payfor.mp4
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SOURCE Payfor | https://www.wibw.com/prnewswire/2022/06/07/payfor-how-financial-specialist-co-is-saving-thousands-smes-closing/ | 2022-06-07T11:06:40Z |
MIAMI, May 16, 2022 /PRNewswire/ -- Club Med, the pioneer of the all-inclusive concept, invites travelers to enjoy 45% off all-inclusive summer escapes, plus perks, at its top resorts throughout Canada, Mexico, Florida, and the Caribbean. The Spring into Summer sale is open for bookings now through June 28, 2022 with select travel dates through December 16, 2022. Additional perks include free stays for kids under 4, a free room upgrade, no single room supplement, and flexible cancellations – ideal for those looking to book upcoming value-driven spring vacations, Memorial Day weekend trips, or summer family travel.
Explore Club Med's spacious low-density resorts, which are surrounded by nature and spread across an average of 50 acres, including: the eco-chic Club Med Michès Playa Esmeralda, Club Med's only Exclusive Collection (5 Star) resort in North America; family-fun Club Med Punta Cana, with new renovations and innovations like the Circus School by Club Med; and Club Med Québec, Club Med's newest four-season mountain resort offering a unique waterfront experience to discover Quebec's natural summertime wonders.
Paired with Club Med's flexible cancellation policy and Safe Together protocols, guests will enjoy their Club Med vacation with total peace of mind and the freedom to unwind while creating cherished memories together. Guests will also enjoy unlimited culinary options, premium accommodations, and activities for all interests – from hiking and biking to standup paddle boarding and snorkeling – and families will particularly enjoy the Club Med Amazing Family program, a fun-filled agenda of weekly activities designed to help families reconnect and experience a greater sense of reunion.
For full details on the Spring into Summer Sale, please visit https://www.clubmed.us/o/best-all-inclusive-vacation-deals.
For resort images, please visit here.
Spring into Summer Sale
- Booking window: Now through June 28, 2022
- Travel window: Select dates from now through December 16, 2022 (check-out by December 17, 2022)
- 45% off plus perks:
Participating Club Med Resorts
Whether travelers are looking to unwind on the beach, have fun at the pool, or explore thrilling new cultures and adventures, Club Med has something for everyone. Participating resorts include:
- Club Med Québec, Canada: Club Med's newest four-season all-inclusive mountain resort, and its first in Canada, is just an hour and a half away from Québec City in the Le Massif de Charlevoix region. With views of the scenic St. Lawrence River and surrounding mountains, this unique waterfront mountain resort is spread across 300+ acres and features 302 spacious guestrooms, including a private Exclusive Collection (5 Star) space with 25 suites. Families, couples, and solo travelers alike will discover Québec's natural wonders, cuisine, and culture through locally inspired culinary experiences, a variety of activities like guided mountain biking and hikes, and exploration of the surrounding destination through excursions like whale watching on the St. Lawrence River. Leave time to indulge in R&R with the resort's expansive wellness area which features a 25-yard heated pool, 1,000+ square foot outdoor terrace with a jacuzzi, and the Club Med Spa by Sothys – all overlooking the pristine Charlevoix region and welcoming guests to connect with Canada's great outdoors. Additional wellness offerings include mountain top yoga and forest mediation.
- Club Med Punta Cana, Dominican Republic: On a 2,000-foot stretch of beach, Club Med Punta Cana caters to solo travelers, couples, and families alike with unlimited land and water sports, from learning how to shoot with a bow and arrow at archery school to flying on the trapeze at the Circus School by Club Med. Families and groups will particularly enjoy the newly renovated Exclusive Collection space featuring spacious two-bedroom oceanside family suites, a dedicated infinity pool and bar, and breakfast room service. While adults indulge in treatments at the Club Med Spa by L'OCCITANE or relax in the adult-exclusive Zen Oasis area, where intimate cabanas, an oversized pool and dedicated Zen Beach await, kids can join their dedicated kids club for a day filled with water and land activities like windsurfing and sailing. Families can partake in the new Club Med Amazing Family program, featuring a fun-filled agenda of weekly activities for families to bond and create memories.
- Club Med Cancún, Mexico: An ideal location for families looking for some much-needed R&R, the only resort in Cancún with three private beachfronts offers families a variety of opportunities to reconnect. Enjoy exhilarating land and water activities, from wind surfing and snorkeling to flying trapeze and archery, before partaking in outdoor activities as part of the new Club Med Amazing Family program. Relax in the refreshed Aguamarina family oasis area, which features spacious two-bedroom oceanfront family rooms and a dedicated family pool, before kids head off to their respective kids' club while adults enjoy treatments at the Club Med Spa by L'OCCITANE. For added exclusivity, guests can book an ocean view suite in the resort's Exclusive Collection (5 Star) space. Families looking for an added sense of adventure can explore the Mayan ruins at Chichén-Itzá (at an additional cost) or discover life under the sea by snorkeling through the world's second-largest coral reef surrounding the resort with Club Med's all-inclusive water sport activities.
- Club Med Michès Playa Esmeralda, Dominican Republic: The first and only operating resort in the undiscovered region of Miches – and Club Med's only Exclusive Collection (5 Star) resort in North America – offers a luxury experience wrapped in an all-inclusive vacation. The eco-chic resort features four boutique villages specializing in wellness, adventure, kid-friendly, and adults-only concepts, catering to an array of travelers seeking a boutique hotel-within-a-hotel experience. Enjoy unlimited refined culinary options, Zen moments with treatments at the on-site Club Med Spa by Cinq Mondes, yoga in the treetop wellness canopy, and relaxation at the naturally-filtered Zen pool. Must-try Experiences for families include learning how to plant and compost ingredients at the on-site community garden to the boho-chic Sunset Ritual, the perfect way to end the day in paradise. Families can also satisfy their sweet tooth when discovering a Secret Chocolate Room – a first-of-its-kind kid's speakeasy featuring unlimited sweets crafted with locally-sourced cocoa (and adults can get in on the fun, too!).
Additional participating resorts include Club Med Ixtapa Pacific, Mexico, Club Med Turkoise, Turks and Caicos, Club Med Sandpiper Bay, Port St. Lucie, Florida, Club Med Caravelle, Guadeloupe, French Caribbean, and Club Med Buccaneer's Creek, Martinique, French Caribbean.
Flexible Policies
To ensure added flexibility and peace of mind for travelers, Club Med also offers:
- Flexible Cancellation Policy: For all bookings on any Club Med resort worldwide, cancel for free up to 61 days prior to arrival and receive a full refund on the land portion of your stay.
- Emergency Assistance Program: All guests traveling before December 31, 2022 will receive coverage for emergency medical expenses during their stay, including those related to COVID-19.
- Safe Together protocols: Implemented in all of the brand's resorts as they reopen, including those in Florida, Mexico, the Caribbean, and Canada, these newly enhanced hygiene and safety measures were developed through recommendations from the World Health Organization, local health authorities, and the advice of an International Scientific Committee comprised of a specialized team of doctors and professors.
- PCR + Rapid Antigen Testing: As required for re-entry into the United States from international destinations, Club Med offers Rapid Antigen and PCR COVID-19 tests on-site at an additional cost.
Full details on the above policies can be found here.
Terms and Conditions
Terms and Conditions apply and can be accessed by clicking here.
About Club Med
Club Med, founded in 1950 by Gérard Blitz, is the pioneer of the all-inclusive concept, offering approximately 70 premium resorts in stunning locations around the world including North and South America, Caribbean, Asia, Africa, Europe and the Mediterranean. Each Club Med resort features authentic local style and comfortably upscale accommodations, superior sports programming and activities, enriching children's programs, gourmet dining, and warm and friendly service by its world-renown staff with legendary hospitality skills, an all-encompassing energy and diverse backgrounds.
Club Med operates in more than 30 countries and continues to maintain its authentic Club Med spirit with an international staff of more than 23,000 employees from more than 110 different nationalities. Led by its pioneering spirit, Club Med continues to grow and adapt to each market with three to five new resort openings or renovations per year, including a new mountain resort annually.
For more information, visit www.clubmed.us, call 1-800-Club-Med (1-800-258-2633), or contact a preferred travel professional. For an inside look at Club Med, follow Club Med on Facebook, Twitter, Instagram, and YouTube.
Club Med Media Contacts
Sophia Lykke
Public Relations & Corporate Social Responsibility Manager
sophia.lykke@clubmed.com
QUINN PR
clubmed@quinn.pr
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SOURCE Club Med | https://www.wibw.com/prnewswire/2022/05/16/club-med-offers-up-45-off-all-inclusive-escapes-through-its-spring-into-summer-sale/ | 2022-05-16T14:44:06Z |
ST. LOUIS, June 7, 2022 /PRNewswire/ -- Broadview Group Holdings, LLC ("Broadview"), a leader in direct middle-market investing, is excited to announce the addition of Heath Hunter to the investment team as a principal.
Prior to Broadview Group, Heath was Vice President of Corporate Development at Dot Family Holdings, where he focused on control buyouts of middle-market distribution companies. From 2015 - 2022, as the first hire into Dot Family Holdings, Heath helped the Tracy Family grow their family office to $2.2 billion in revenues and over $200 million in EBITDA. During this time, Heath led five different platforms and numerous complementary acquisitions for Dot Family Holdings. Prior to Dot Family Holdings, Heath was a Vice President at Prospect Partners, a Chicago-based lower middle market private equity firm, where he identified and executed both platform and add-on acquisitions and provided board leadership and strategic guidance to numerous lower-middle-market companies. Prior to Prospect Partners, Heath was a management consultant with PwC in its Chicago office.
"We are extremely pleased to have Heath join Broadview at a pivotal point in the firm's evolution. His addition is an important step in the continued development of Broadview's direct middle-market investing effort. Heath's successful track record in our core investment verticals and existing relationships in the industry will contribute meaningfully to sourcing and executing new investment opportunities," said Clay Hunter, the Co-Founder and Chief Executive Officer of Broadview. "With the addition of Heath, we are well positioned to execute on our investment strategy in partnering with successful, growth-oriented business owners to build meaningful and sustainable long-term value."
Broadview Group Holdings, LLC invests in and partners with successful business owners and growth-oriented leadership teams to help scale and create significant and sustainable value in commercial and industrial products, specialty distribution, commercial and industrial services, and food and agriculture businesses. Broadview's permanent capital base and long-term perspective ensure true alignment with its partners and portfolio companies. Broadview Group's principals have decades of experience leading and scaling businesses and providing strategic insight and other expertise as executives, lead investors and board members in a variety of businesses and industries. For more information, please visit www.broadviewgroup.com.
Media Contact:
contact@broadviewgroup.com
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SOURCE Broadview Group Holdings | https://www.wibw.com/prnewswire/2022/06/07/broadview-group-adds-heath-hunter-principal/ | 2022-06-07T15:34:07Z |
Fatal Love County crash Sunday morning
Published: May. 1, 2022 at 8:26 PM CDT|Updated: 4 hours ago
MARIETTA, Okla. (KXII) - One person is dead and 2 others injured after a crash in Love County.
It happened around 4:00 Sunday morning on I-35 near Marietta.
Troopers said a vehicle was driving southbound when it drifted off the roadway, hit something on the side of the road and rolled.
The driver, 21-year-old Taijanai Burris of Cedar Hill, TX was pronounced dead at the scene.
One passenger, 22-year-old Mason Corrow was taken to the hospital where he was treated and released.
Another passenger, a 3-month-old girl was taken to Mercy Hospital then flown to Children’s Dallas with an head injury.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/02/fatal-love-county-crash-sunday-morning/ | 2022-05-02T05:46:11Z |
SAN FRANCISCO, Sept. 2, 2022 /PRNewswire/ -- San Francisco-based HumanQ (formerly known as Experiential Insight) is excited to announce a $2 million seed round of funding, led by Kindred Ventures, to further expand on its technology products and grow a global team of coaches in the high-demand workforce coaching and development market.
Today, the HumanQ digital platform offers employees of its global corporate customers in 55 different countries an opportunity to connect with each other through live video streaming during group coaching sessions. HumanQ's coach-led group sessions span various company and societally-relevant topics to create support, accountability, and connection among the workforce and community. Through the intersection of technology and human interaction, HumanQ increases purpose, empowerment and impact for employees in their customer organizations, who include Microsoft, LinkedIn, Chobani, Spark New Zealand, Bidgely, VMware, Penn State University and Stanford University, among others – where remote, hybrid and in-office populations have an opportunity to solve for cross-geographical and cross-functional collaboration and innovation.
HumanQ was founded by Nishika de Rosairo, a human capital veteran who spent a decade working for Deloitte Consulting, Salesforce, Cisco and several other Fortune 500 organizations. Understanding firsthand the struggle organizations face in providing meaningful development opportunities, she developed a group coaching platform for employee development and connection, leveraging a global network of expert coaches. Working with all levels of employees within companies, from startups to large enterprises, de Rosairo and HumanQ are challenging previous models where expert coaching only focused on executives. Alternatively, HumanQ utilizes a group coaching and live video model where all levels of the organization are able to achieve greater impact aligned to top priorities, with every level of the organization speaking the same language.
In today's world where employee purpose is at an all time high, HumanQ is at the forefront of building employee mindsets and success skills that enable them to act with agility, think bigger, become more resilient, build greater connection, have courageous conversations, be more inclusive, and innovate for the future – all while providing a safe psychological space to do so.
This shift in power from the organization to the employee is further amplified in the number of boardrooms who are adding human resource experts to their directorships where talent management now tops the list of areas that need more time and attention in the boardroom, and even ahead of strategic oversight for the first time1.
According to CNBC, nearly half of global employees are unhappy in their jobs today, and nearly 43 percent say they frequently think of quitting their jobs2. According to HumanQ, group coaching has proven to significantly improve the outlook: 94 percent of employees going through HumanQ digital group coaching programs are more engaged in their organization, and 96 percent are more equipped to add value, with 90 percent saying they would recommend their group coaching program to a colleague or friend.
"We have partnered with HumanQ to add value across our global regions with the goal of building leader mindsets, creating organization alignment, and rebuilding connection and engagement in this accelerated digital age. HumanQ's Group Coaching model is unique and powerful, and we're looking forward to our ongoing partnership," says Liz Brackett, Global Business Strategy Director at Microsoft.
"Companies in every industry and every stage, from early-stage startup to large public global companies, succeed or fail ultimately based on the quality of their ability to recruit and nurture talented employees. The accelerated shift toward a hybrid of office, distributed, and remote work has changed how we think about the importance and scope of professional development and learning. Not just for executives, HumanQ's video platform and network of coaches offers a fun, accessible, and scalable solution for the entire organization. HumanQ is a pioneer in this area using a purpose-built video SaaS platform that taps into their global network of vetted coaches. We're thrilled to lead their seed round as they expand their team and product development." said Steve Jang from Kindred Ventures.
The seed round of funding was led by Kindred Ventures, an early-stage venture capital fund which has a track record of investing in startups that have become innovative platform companies such as Uber, Coinbase, Postmates, Tala, Tonal, and Color Health. In addition, notable angels including Toast CFO Elena Gomez, Natus Medical CHRO Lisa Paul, Google Head of Engineering Dinesh Chahlia, and several other angels from leading organizations also participated in this round of financing.
HumanQ is a live video platform for group coaching designed to create psychologically safe spaces that build engagement, connection, and impact at every level of an organization. To date, HumanQ has delivered to over 55 countries worldwide leveraging a global expert network of coaches to unlock human potential. For more information on the impact of group coaching with HumanQ, visit www.humanQ.com or email info@humanq.com.
1 https://www.bloomberg.com/news/articles/2022-02-04/it-s-taken-a-pandemic-to-get-the-boardroom-in-touch-with-the-workforce
2 https://www.cnbc.com/2013/09/17/nearly-half-of-the-worlds-employees-unhappy-in-their-jobs-survey.html
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SOURCE HumanQ | https://www.kxii.com/prnewswire/2022/09/02/humanq-formerly-known-experiential-insight-receives-seed-round-funding-led-by-kindred-ventures-unlock-human-potential-through-its-digital-platform/ | 2022-09-02T19:01:48Z |
KOHLER, Wis., Aug. 3, 2022 /PRNewswire/ -- Kohler, a global leader in the design and manufacture of kitchen and bath products, expands its line of bathroom faucet offerings with the new Riff Bathroom Faucet Collection. Like its corresponding kitchen collection, the Riff faucets are inspired by the grandeur of French Creole and Spanish Colonial architecture and capture the distinctive beauty of New Orleans and the American South. Its angular shapes paired with bold detailing make a memorable statement in any bathroom.
The Riff Bathroom collection is designed to encourage personalization, as the offerings include different sizes and configurations to customize the space. Riff sink faucets include widespread, centerset, two single-control height options, and one- and two-handle wall-mount styles. The collection also includes bath spouts – both wall- and deck-mount options – a freestanding bath filler and showering components, bringing beauty and functionality to the everyday bathing experience. Add the finishing touches to the space with Riff towel bar and ring, bathrobe hook, toilet paper holder, drawer knobs and pulls, and lighting for a cohesive look.
Riff is available in five different finish options: Polished Chrome, to evoke a nostalgic look; Vibrant Brushed Nickel for a warm appearance; Vibrant Brushed Moderne Brass to add elegance; Vibrant Polished Nickel for a classic look; and Matte Black, for a sophisticated feel. Kohler's faucet finishes resist scratches, corrosion, and tarnishing, ensuring the fittings will make a statement for years to come.
To learn more about the Riff Bathroom Collection, please visit kohler.com.
Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America's oldest and largest privately held companies comprised of more than 40,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the design, innovation and manufacture of kitchen and bath products; luxury cabinetry, tile and lighting; engines, generators, and clean energy solutions; and owner/operator of two, five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland. Kohler's Whistling Straits golf course recently hosted the 43rd Ryder Cup. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations. For more details, please visit kohlercompany.com.
Media Contact
Jillian Rosone
Kohler Public Relations
Jillian.rosone@kohler.com
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SOURCE Kohler Co. | https://www.kxii.com/prnewswire/2022/08/03/kohler-launches-new-riff-bathroom-faucet-collection/ | 2022-08-03T13:46:08Z |
White House urges caution on COVID variants, pushes boosters
WASHINGTON (AP) — The Biden administration is calling on people to exercise renewed caution about COVID-19, emphasizing the importance of getting booster shots for those who are eligible and wearing masks indoors as two new highly transmissible variants are spreading rapidly across the country.
The new variants, labeled BA.4 and BA.5, are offshoots of the omicron strain that has been been responsible for nearly all of the virus spread in the U.S. and are even more contagious than their predecessors. White House doctors stressed the importance of getting booster doses, even if you have recently been infected.
“Currently, many Americans are under vaccinated, meaning they are not up to date on their COVID-19 vaccines,” said Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention. “Staying up to date on your COVID-19 vaccines provides the best protection against severe outcomes.”
Walensky said the U.S. has seen a doubling in the number of hospitalizations due to COVID-19 since April, reflecting the spread of the new subvariants, though deaths have remain steady around 300 per day.
Dr. Anthony Fauci, the nation’s top infectious disease expert, said while the new variants are concerning, with boosters, indoor masking and treatments the country has the tools to keep them from being disruptive.
“We should not let it disrupt our lives,” he said, “but we cannot deny that it is a reality that we need to deal with.”
He added that even if someone recently had COVID-19, they should get a booster.
“Immunity wanes, so it is critical to stay up to date with COVID 19 vaccines,” he said.
All Americans age 5 and over should get a booster five months after their initial primary series, according to the CDC, and those aged 50 and over — or who are immunocompromised — should get second booster four months after their first. According to CDC, tens of millions of eligible Americans haven’t received their first booster, and of those over 50 who got their first booster, only 28% have received their second.
“If you’re over 50 and you haven’t gotten the shot this year, you should go get a shot,” said White House COVID-19 coordinator Dr. Ashish Jha. “It’s going to save your life.”
Jha and Fauci said the U.S. is regularly discussing expanding eligibility for a second booster shot to all adults, but that no decision has been made yet.
“It’s a regulatory decision on the part of the FDA,” Fauci said.
Jha pressed said people who are eligible for a booster but haven’t received one shouldn’t wait for forthcoming vaccines targeted at the omicron strain in addition to the original form of the coronavirus. The U.S. has ordered 105 million of those updated shots that studies show provide better protection against omicron variants, but they won’t be available until the fall.
“Let me be clear, if you get vaccinated today, you’re not going to be ineligible to get the variants specific vaccine, as we get into the later part of fall and winter,” Jha said. “So, this is not a trade off, we’ve got plenty. It’s a great way to protect yourself.”
Added Fauci: “The threat to you is now.”
Walensky noted that CDC data shows that about a third of Americans are living in areas the agency classifies as experiencing a high level of COVID spread, where the agency recommends people wear masks in public indoor spaces. Another 41% live in the CDC’s ‘medium’ level, where it recommends that people consider their own individual risk and consider masking.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/12/white-house-urges-caution-covid-variants-pushes-boosters/ | 2022-07-12T16:11:23Z |
These air fryers have been recalled after reports of fire, injuries
(Gray News) - More than half a million air fryers have been recalled after more than 100 reports about the product catching fire.
According to the Consumer Product Safety Commission, this recall involves Insignia digital air fryers, analog air fryers and digital air fryer ovens sold by Best Buy.
The specific model numbers include:
- NS-AF32DBK9
- NS-AF32MBK9
- NS-AF50MBK9
- NS-AF53DSS0
- NS-AF53MSS0
- NS-AF55DBK9
- NS-AFO6DBK1
- NS-AFO6DSS1
Two injuries have been reported in connection to the devices catching fire, including an injury to a child’s leg, according to the agency.
There have also been seven reports of minor property damage.
Best Buy is offering a refund for the product in the form of credit for use at the store or online.
Consumers will receive a credit of $50 or the amount on the purchase receipt if higher.
Best Buy is contacting all known purchasers directly to arrange returns and provide pre-paid shipping boxes, labels and return instructions.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/21/these-air-fryers-have-been-recalled-after-reports-fire-injuries/ | 2022-04-22T21:03:44Z |
NEW YORK, June 22, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Yext, Inc..
Shareholders who purchased shares of YEXT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: March 4, 2021 to March 8, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Yext's revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 16, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/yext-class-action-lawsuit/?id=28888&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of YEXT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 16, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/22/shareholder-alert-gross-law-firm-notifies-shareholders-yext-inc-class-action-lawsuit-lead-plaintiff-deadline-august-16-2022-nyse-yext/ | 2022-06-22T10:51:39Z |
NEW YORK, June 21, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Verrica Pharmaceuticals, Inc. (NASDAQ: VRCA) alleging that the Company violated federal securities laws.
Class Period: May 28, 2021 to May 24, 2022
Lead Plaintiff Deadline: August 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in VRCA:
https://www.kleinstocklaw.com/pslra-1/verrica-pharmaceuticals-inc-loss-submission-form?id=28810&from=4
Verrica Pharmaceuticals, Inc. NEWS - VRCA NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Verrica Pharmaceuticals, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Verrica you have until August 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Verrica securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the VRCA lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/verrica-pharmaceuticals-inc-loss-submission-form?id=28810&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/06/21/vrca-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-5-2022-class-action-filed-behalf-verrica-pharmaceuticals-inc-shareholders/ | 2022-06-21T10:41:03Z |
SILVER SPRING, Md., June 3, 2022 /PRNewswire/ -- Today, the U.S. Food and Drug Administration is providing an update on additional steps it has taken that will lead to more infant formula available in the U.S. under the agency's recent increased flexibilities.
Company (Product Origin): Nestlé (Mexico)
Product(s): Gerber Good Start Gentle
Type of Formula: General
Estimated Quantity: About 1.3 million cans (about 2.2 million pounds or nearly 33 million full-size, 8-ounce bottles)
Availability: Expected beginning in July through October - the U.S. Department of Health and Human Services is evaluating options for getting the products to the U.S. as quickly as possible.
More Information and Where to Find the Products: Expected to be sold on Gerber.com and through key retailers.
The FDA is exercising enforcement discretion for the importation of the infant formula products listed above following the review of information provided pertaining to nutritional adequacy and safety, including microbiological testing, labeling, and additional information about facility production and inspection history.
The agency is leveraging a number of flexibilities to bolster the supply of products that serve as the sole source of nutrition for many infants while ensuring the infant formula can be used safely and provides adequate nutrition. The FDA remains in further discussions with manufacturers and suppliers regarding additional supply to ensure there's adequate infant formula available wherever and whenever parents and caregivers need it.
The FDA issued guidance on May 16 that outlined a process by which the agency would not object to the importation of certain infant formula products intended for a foreign market or distribution in the U.S. of products manufactured here for export to foreign countries. This guidance also may provide flexibilities to those who manufacture infant formula products domestically and may be able to increase further the quantity of domestically produced product for the U.S. market. The agency has posted a webpage that will be updated with information about additional products headed to the U.S.
Ongoing FDA Steps to Increase Availability of Safe, Nutritious Infant Formula
The agency's around-the-clock work as part of the all-of-government efforts has already begun to improve supply and availability. The agency expects that the measures and steps it is taking, and the potential for Abbott Nutrition's Sturgis, Michigan, facility to safely resume production in the near-term, will mean more and more supply is on the way or on store shelves moving forward.
The FDA continues to advise against making infant formulas at home or diluting formula. Parents and caregivers are encouraged to work with their child's health care provider for recommendations on changing feeding practices, if needed. The U.S. Department of Health and Human Services also has additional information available at HHS.gov/formula, including information to help families find infant formula.
The agency also monitors online marketplaces for fraudulent products and works with major online retailers to remove violative and harmful products offered for sale on their sites. Additionally, since many of these fraudulent products originate overseas, the agency targets and examines these products at ports of entry. The FDA also monitors and follows up on various external signals such as consumer complaints about potential counterfeit and fraudulent products.
The FDA will continue to dedicate all available resources to help ensure that safe and nutritious infant formula products remain available for use in the U.S. and will keep the public informed of progress updates.
Additional Information:
- Infant Formula Information and Ongoing FDA Efforts to Increase Supply
- Enforcement Discretion to Manufacturers to Increase Infant Formula Supplies
- HHS.gov/formula
- HHS.gov/news
- FDA Investigation of Cronobacter Infections: Powdered Infant Formula (February 2022)
- Powdered Infant Formula Recall: What to Know
- CDC Information on Cronobacter Infection and Infants
Media Contact: FDA Office of Media Affairs, 301-796-4540
Consumer Inquiries: 888-723-3366
The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation's food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.
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SOURCE U.S. Food and Drug Administration | https://www.mysuncoast.com/prnewswire/2022/06/03/fda-infant-formula-update-june-3-2022/ | 2022-06-03T16:09:48Z |
BOSTON, June 24, 2022 /PRNewswire/ -- In response to today's Supreme Court decision in the case of Dobbs vs. Jackson Women's Health Organization, Blue Cross Blue Shield of Massachusetts (BCBSMA) released the following statement:
"As a health care organization, we believe strongly that our members should have access to the care they need and want. While abortion services will remain legal in Massachusetts based on a 2020 state law, we will work closely with our employer customers to evaluate the potential impact to our members in other states and determine how we can best support them.
Among the steps we're taking to support our members outside Massachusetts, we have developed a travel benefit that employers may choose to offer to employees who need to travel 100+ miles to obtain access to abortion services (either surgical or medication-assisted). This will enable reimbursement of certain travel and lodging expenses related to obtaining care. This benefit also will be available to BCBSMA employees who live in states where abortion access is legally restricted.
Our team at BCBSMA is already carefully reviewing today's ruling to ensure that we are doing everything we can to support members and employees who may be affected."
About Blue Cross Blue Shield of Massachusetts
Blue Cross Blue Shield of Massachusetts (http://www.bluecrossma.org) is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We are committed to the relentless pursuit of quality, affordable and equitable health care with an unparalleled consumer experience. Consistent with our promise to always put our members first, we are rated among the nation's best health plans for member satisfaction and quality. Connect with us on Facebook, Twitter, YouTube, and LinkedIn.
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SOURCE Blue Cross Blue Shield of Massachusetts | https://www.kxii.com/prnewswire/2022/06/24/blue-cross-blue-shield-massachusetts-releases-statement-supreme-court-decision-regarding-abortion-access/ | 2022-06-24T16:30:52Z |
Zombie Properties Still Represent Just One of Every 13,000 Residential Properties Nationwide; But Ratio is Up Since Lifting of Foreclosure Moratorium One Year Ago
IRVINE, Calif., Aug. 18, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its third-quarter 2022 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,277,162) residential properties in the United States sit vacant. That figure represents 1.3 percent, or one in 78 homes, across the nation.
The report analyzes publicly recorded real estate data collected by ATTOM — including foreclosure status, equity and owner-occupancy status — matched against monthly updated vacancy data. (See full methodology below). Vacancy data is available for U.S. residential properties at https://www.attomdata.com/solutions/marketing-lists/.
The report also reveals that 270,470 residential properties in the U.S. are in the process of foreclosure in the third quarter of this year, up 4.4 percent from the second quarter of 2022 and up 25.5 percent from the third quarter of 2021. The latest increase marks the fourth straight quarter that the count of pre-foreclosure properties has increased since a nationwide moratorium on lenders pursuing delinquent homeowners, imposed after the Coronavirus pandemic hit in 2020, was lifted at the end of July 2021.
Among those pre-foreclosure properties, 7,707 are zombie-foreclosures (pre-foreclosure properties that sit vacant) in the third quarter of 2022, up 1.8 percent from the prior quarter and 2.2 percent from a year ago.
"We see two trends heading in opposite directions – the number of vacant properties continues to decline and the number of zombie properties continues to increase, although neither trend appears to be particularly worrisome," said Rick Sharga, executive vice president of market intelligence at ATTOM. "Vacancy rates should continue to be low as investor and prospective homebuyers compete for limited inventory. And the number of zombie properties should continue to increase slowly as foreclosure activity climbs back from historically low levels due to government intervention."
The number of zombie-foreclosures does remain historically low and continues to represent just a tiny segment of the nation's total stock of 99.8 million residential properties. Just one of every 12,947 homes in the third quarter of 2022 is vacant and in foreclosure, meaning that most neighborhoods still have no such properties. The portion of pre-foreclosure properties that have been abandoned into zombie status, meanwhile, continues to decline, from 3.5 percent a year ago to 2.9 percent in the second quarter of 2022 and 2.8 percent in the third quarter of this year.
But the level of all homes sitting empty as zombie properties has grown for the second quarter in a row and now is up 3.6 percent from one in 13,424 in the first quarter of this year.
The latest bump-ups in overall and zombie-property counts - while presenting an issue to watch - comes at a time when the relentless U.S. housing market boom has continued into its 11th year despite forces that threaten to slow it down.
A total of 7,707 residential properties facing possible foreclosure have been vacated by their owners nationwide in the third quarter of 2022, up from 7,569 in the second quarter of 2022 and from 7,538 in the third quarter of 2021.
While the issue remains nonexistent in most neighborhoods, the biggest increases from the second quarter of 2022 to the third quarter of 2022 in states with at least 50 zombie foreclosures are in Oklahoma (zombie properties up 22 percent, from 97 to 118), Missouri (up 16 percent, from 55 to 64), California (up 15 percent, from 221 to 254), Massachusetts (up 9 percent, from 54 to 59) and Florida (up 8 percent, from 922 to 998).
The biggest quarterly decreases among states with at least 50 zombie foreclosures are in Kentucky (zombie properties down 14 percent, from 63 to 54), Georgia (down 10 percent, from 80 to 72), New Jersey (down 7 percent, from 257 to 240), Pennsylvania (down 6 percent, from 371 to 349) and Nevada (down 6 percent, from 86 to 81).
The vacancy rate for all residential properties in the U.S. has dropped to 1.28 percent in the third quarter of 2022 (one in 78 properties). That's down from 1.31 percent in the second quarter of 2022 (one in 76) and from 1.35 percent in the third quarter of last year (one in 74).
States with the biggest annual drops are Tennessee (down from 2.33 percent of all homes in the third quarter of 2021 to 1.34 percent in the third quarter of this year), Minnesota (down from 1.24 percent to 0.84 percent), Oregon (down from 1.26 percent to 0.95 percent), Wisconsin (down from 1.03 percent to 0.72 percent) and Georgia (down from 1.82 percent to 1.53 percent).
- Among metropolitan statistical areas in the U.S. with at least 100,000 residential properties and at least 100 properties facing possible foreclosure in the third quarter of 2022, the highest zombie rates are in Wichita, KS (11.9 percent of properties in the foreclosure process are vacant); Peoria, IL (10.5 percent); Cleveland, OH (8.9 percent); Syracuse, NY (8.7 percent) and South Bend, IN (8.2 percent).
- Aside from Cleveland, the highest zombie-foreclosure rates in major metro areas with at least 500,000 residential properties and at least 100 homes facing foreclosure in the third quarter of 2022 are in Baltimore, MD (7.4 percent of homes in the foreclosure process are vacant); St. Louis, MO (5.6 percent); Pittsburgh, PA (5.6 percent); Tampa, FL (4.7 percent) and Indianapolis, IN (4.6 percent).
- Among the 27.9 million investor-owned homes throughout the U.S. in the third quarter of 2022, about 888,000 are vacant, or 3.2 percent. The highest levels of vacant investor-owned homes are in Indiana (6.8 percent), Kansas (5.8 percent), Oklahoma (5.3 percent), Alabama (5 percent) and Ohio (5 percent).
- Among the roughly 4,200 foreclosed, bank-owned homes in the U.S. during the third quarter of 2022, 8.2 percent are vacant. In states with at least 50 bank-owned homes, the largest vacancy rates are in Ohio (14.5 percent vacant), Pennsylvania (13 percent), Illinois (12.5 percent), New York (11 percent) and Maryland (10.5 percent).
- The highest zombie-foreclosure rates in U.S. counties with at least 500 properties in the foreclosure process during the third quarter of 2022 are in Broome County (Binghamton), NY (11.4 percent zombie foreclosures); Cuyahoga County (Cleveland), OH (10.1 percent); Pinellas County (Clearwater), FL (9.9 percent); Onondaga County (Syracuse), NY (9.3 percent) and Oneida County, NY (outside Syracuse) (8.5 percent).
- Among 425 counties with at least 50,000 residential properties, those with the largest portion of total homes in zombie-foreclosure status during the third quarter of 2022 are Broome County (Binghamton), NY (one of every 647 properties); Cuyahoga County (Cleveland), OH (one in 959); Suffolk County (eastern Long Island), NY (one in 1,188); Peoria County, IL (one in 1,228) and Oneida County, NY (outside Syracuse) (one in 1,437).
ATTOM analyzed county tax assessor data for about 99 million residential properties for vacancy, broken down by foreclosure status and owner-occupancy status. Only metropolitan statistical areas with at least 100,000 residential properties and counties with at least 50,000 residential properties were included in the analysis. Vacancy data is available at https://www.attomdata.com/solutions/marketing-lists/.
ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 20TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property reports and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.
Media Contact:
Christine Stricker
949.748.8428
christine.stricker@attomdata.com
Data and Report Licensing:
datareports@attomdata.com
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SOURCE ATTOM Data Solutions | https://www.mysuncoast.com/prnewswire/2022/08/18/zombie-property-count-inches-up-again-third-quarter-2022-across-us-amid-continued-rise-foreclosure-activity/ | 2022-08-18T04:53:27Z |
HARRISBURG, Pa., July 27, 2022 /PRNewswire/ -- AARP research shows that Pennsylvania voters and small business owners support the creation of Keystone Saves, a retirement savings program for workers who do not have access to one through their employer. Voters age 50-plus said they would be more likely to vote for a candidate for governor who supports creating Keystone Saves, according to an AARP poll. Further, four in five small business owners surveyed by AARP agree that Pennsylvania lawmakers should support Keystone Saves.
Research shows the people are 15 times more likely to save when they can do so out of their regular paycheck. Yet, roughly 44 percent of hardworking Pennsylvanians - nearly 2.1 million workers – do not have a way to save for retirement at work. To address this, AARP Pennsylvania is advocating for House Bill 2156, which will create Keystone Saves. This program will provide Pennsylvania workers with an easy way to save out of their regular paychecks, helping them grow the savings they need to take control of their financial future.
"The results of our recent surveys are crystal clear, small business owners in the Keystone State and Pennsylvania voters 50+ want elected officials to empower millions of Pennsylvanians to save for a financially secure and independent retirement," said Bill Johnston-Walsh, AARP Pennsylvania State Director. "Keystone Saves is a common-sense, business-friendly solution to a big problem, which if left unfixed will cost Pennsylvania taxpayers more than $14 billion over 15 years in public assistance costs."
Together, the survey findings reveal:
- Majorities of voters 50+ across party lines support Keystone Saves – with support from nearly 79% of Democrats, 68% of Independents, and 56% of Republicans.
- 83% of Black voters 50+ are strongly in favor of Keystone Saves.
- 79% of small business owners agree that Pennsylvania lawmakers should support Keystone Saves.
- 73% of small business owners express concern that some Pennsylvania residents have not saved enough money for retirement and could end up reliant on public assistance programs.
AARP commissioned Fabrizio Ward and Impact Research to conduct the voter survey. The firms interviewed 1,382 likely Pennsylvania voters, which includes a statewide representative sample of 500 likely voters, with an oversample of up to 550 likely voters age 50 and older, and an oversample of up to 332 African-American/Black likely voters age 50 and older. The survey was conducted between June 12-19 via landline, cellphone, and SMS-to-web. The margin of error for the 500 statewide sample is ±4.4%; for the 855 total sample of voters 50+ it is ±3.3%. View the full survey results.
AARP Research conducted a survey of 500 small business owners in Pennsylvania with 5 to 100 employees was commissioned by AARP to gauge the support of small business owners in the state for a public–private retirement savings program. The survey was fielded April–May 2022. View the full survey results.
For more information on how, when and where to vote in Pennsylvania, visit aarp.org/PAvotes. For more information on Keystone Saves, visit action.aarp.org/secure/support-keystone-saves.
AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org, www.aarp.org/espanol or follow @AARP, @AARPenEspanol, @AARPadvocates and @AliadosAdelante on social media.
CONTACT: TJ Thiessen, (202) 374-8033, tthiessen@aarp.org
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SOURCE AARP Pennsylvania | https://www.mysuncoast.com/prnewswire/2022/07/27/polls-show-pennsylvania-voters-business-owners-support-keystone-saves/ | 2022-07-27T19:50:42Z |
(The Hill) — Overall life expectancy in the United States dropped by 1.8 years from 2019 to 2020, new data show.
The declines affected all 50 states and Washington, D.C., according to a New National Vital Statistics report, and ranged from as little as 0.2 years in some states to as many as three years in others.
The National Center for Health Statistics (NCHS) and its Division of Vital Statistics attributed the dips to the COVID-19 pandemic and an increase in drug overdose deaths.
The drop is the largest year-to-year change in more than 75 years, the Centers for Disease Control and Prevention (CDC) said last year.
New York state experienced the biggest decrease, dropping three years, and D.C. was a close runner-up at 2.7 years.
Twelve other states saw declines of two years or more, including southern border states Texas, Arizona and New Mexico, as well as Louisiana, Mississippi, Illinois, Indiana, New Jersey, Alabama, Kentucky, Michigan and South Carolina.
Hawaii saw a decline of just 0.2 years. Oregon, Washington, Maine, Vermont and New Hampshire also saw decreases of one year or less.
As of these 2020 changes, Hawaii has the highest life expectancy at birth, at 80.7 years, while Mississippi has the lowest, at 71.9 years.
The difference in life expectancy at birth between the sexes was averaged at 5.7 years, with females leading males in all 50 states and D.C.
The highest male-female difference was recorded in D.C., at seven years, while the lowest difference was noted in Utah, at 3.9 years.
The CDC recorded 528,891 more deaths in 2020 than the year prior. COVID-19 was the noted cause in 350,831 deaths, or 10.4 percent of the 2020 total, according to the report.
This contributed to a 16.8 percent increase to the age-adjusted death rate for the U.S., the largest such jump in annual mortality data on record, according to the CDC. | https://cw33.com/news/nexstar-media-wire/life-expectancy-drops-by-almost-2-years/ | 2022-08-23T20:36:30Z |
TORONTO, Aug. 3, 2022 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce the substantial completion of extensive metallurgical test work to define the mechanical components for the planned Phoenix processing plant (the "Phoenix Plant"), as part of the Feasibility Study ("FS") underway for the Company's 95% owned Wheeler River project ("Wheeler River" or the "Project"). In addition, the metallurgical program has confirmed the ability to produce a yellowcake product that meets industry standard ASTM C967-13 specifications (see below for details). View PDF Version
Metallurgical test work intended to define the mechanical components for the Phoenix Plant was initiated in April 2021 at the Saskatchewan Research Council ("SRC") laboratories in Saskatoon. The test work consisted of bench-scale lab tests using uranium bearing solution ("UBS") that was previously produced from lab-scale leaching of core samples from the Phoenix deposit. These samples are intended to be representative of what is expected to be recovered from the In-Situ Recovery ("ISR") wellfield planned for the Phoenix deposit (see news release dated August 4, 2021).
Kevin Himbeault, Denison's Vice President of Plant Operations & Regulatory Affairs, commented, "The comprehensive test work undertaken by the Denison team has demonstrated our ability to produce (i) a saleable uranium product utilizing a simplified chemical precipitation process and (ii) high-quality effluent for final discharge to the environment. This is a significant milestone from which we can continue to optimize the designs for the Phoenix Plant and further our de-risking of the overall Project as part of the FS."
This press release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated September 28, 2021 to its short form base shelf prospectus dated September 16, 2021.
The results of the metallurgical test work are highlighted by the following:
- The UBS from the high-grade Phoenix deposit was processed using simple chemical precipitation stages to remove certain elements prior to the yellowcake precipitation circuit.
- A yellowcake product that meets uranium industry standard ASTM C967-13 specifications (see below for details) has been precipitated in the lab.
- A high-quality effluent was obtained using typical industrial water treatment processes through pH control and precipitation.
Additionally, the metallurgical test program has provided several important inputs for the FS processes underway in relation to the planned Phoenix Plant and ISR operation, including confirmation of the following:
- The appropriateness of mechanical components for the Phoenix Plant similar to those outlined in the Pre-Feasibility Study ("PFS").
- The suitability for the Phoenix Plant to process UBS head grades averaging 15 g/L uranium.
- Metallurgical recovery rates of over 95% from processing of UBS to yellowcake.
- The ability to achieve industry standards for yellowcake through drying at 110°C, indicating calcination is not required for the planned Phoenix Plant.
- The ability to produce a yellowcake product that meets industry standards without the use of ammonia and the specialized and additional processes typically associated therewith.
- The ability to meet final plant effluent quality discharge criteria for protection of the environment, which is expected to be outlined in the draft Environmental Impact Statement ("EIS") planned to be submitted as part of the Environmental Assessment ("EA") for the Project.
Additionally, extensive test work has been completed in defining any potential elements of concern, required process components, reagents, and general operating parameters necessary to mitigate processing risks and ensure the production of a yellowcake product that meets industry standards. This has allowed for the significant progression of the plant and process designs for the FS.
Additional targeted metallurgical test work continues in the following areas:
- Specialized test work to potentially further improve the effluent treatment process, optimize reagent usage and enhance overall environmental protection.
- Lab scale leaching of intact cores continues, with additional tests to further refine the production recovery curve for the Phoenix ISR operation, which will inform ISR simulation modelling for the FS and will provide additional results for future wellfield and ISR plant design optimization.
- Lab scale leaching and remediation tests of crushed core, representing different hydrogeological units within the Phoenix deposit, to determine achievable recovery, leaching rates, and remediation plans for the different units.
The laboratory work for the 2022 Metallurgical Program to support the feasibility study is being carried out at the SRC Mineral Processing and Geoanalytical Laboratories in Saskatoon, under the supervision of Wood Canada Limited (see news release dated September 22, 2021).
ASTM C967-13 is a set of quality specifications applied to uranium ore concentrate that are generally recognized in the uranium industry for meeting requirements for refining and conversion to uranium hexafluoride and, therefore, a saleable product. Parties may, however, agree to less or more stringent specifications of product quality on a case by case basis.
Wheeler River is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, in northern Saskatchewan – including combined Indicated Mineral Resources of 132.1 million pounds U3O8 (1,809,000 tonnes at an average grade of 3.3% U3O8), plus combined Inferred Mineral Resources of 3.0 million pounds U3O8 (82,000 tonnes at an average grade of 1.7% U3O8). The Project is host to the high-grade Phoenix and Gryphon uranium deposits, discovered by Denison in 2008 and 2014, respectively, and is a joint venture between Denison (operator) and JCU (Canada) Exploration Company Limited ("JCU"). Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).
A PFS was completed for Wheeler River in 2018, considering the potential economic merit of developing the Phoenix deposit as an ISR operation and the Gryphon deposit as a conventional underground mining operation. Taken together, the Project is estimated to have mine production of 109.4 million pounds U3O8 over a 14-year mine life, with a base case pre-tax NPV of $1.31 billion (8% discount rate), Internal Rate of Return ("IRR") of 38.7%, and initial pre-production capital expenditures of $322.5 million. The Phoenix ISR operation is estimated to have a stand-alone base case pre-tax NPV of $930.4 million (8% discount rate), IRR of 43.3%, initial pre-production capital expenditures of $322.5 million, and industry-leading average operating costs of US$3.33/lb U3O8. The PFS is prepared on a project (100% ownership) and pre-tax basis, as each of the partners to the Wheeler River Joint Venture are subject to different tax and other obligations.
Further details regarding the PFS, including additional scientific and technical information, as well as after-tax results attributable to Denison's ownership interest, are described in greater detail in the NI 43-101 Technical Report titled "Pre-feasibility Study for the Wheeler River Uranium Project, Saskatchewan, Canada" dated October 30, 2018, with an effective date of September 24, 2018. A copy of this report is available on Denison's website and under its profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.shtml.
Denison suspended certain activities at Wheeler River during 2020, including the EA process, which is on the critical path to achieving the project development schedule outlined in the PFS. While the EA process has resumed, the Company is not currently able to estimate the impact to the project development schedule outlined in the PFS, and users are cautioned against relying on the estimates provided therein regarding the start of pre-production activities in 2021 and first production in 2024.
Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its effective 95% interest in the Wheeler River project, Denison's interests in the Athabasca Basin include a 22.5% ownership interest in the McClean Lake joint venture, which includes several uranium deposits and the McClean Lake uranium mill that is contracted to process the ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest Main and Midwest A deposits, and a 66.90% interest in the Tthe Heldeth Túé ("THT", formerly J Zone) and Huskie deposits on the Waterbury Lake property. The Midwest Main, Midwest A, THT and Huskie deposits are each located within 20 kilometres of the McClean Lake mill.
Through its 50% ownership of JCU, Denison holds additional interests in various uranium project joint ventures in Canada, including the Millennium project (JCU 30.099%), the Kiggavik project (JCU 33.8118%) and Christie Lake (JCU 34.4508%). Denison's exploration portfolio includes further interests in properties covering approximately 300,000 hectares in the Athabasca Basin region.
Denison is also engaged in post-closure mine care and maintenance services through its Closed Mines group (formerly Denison Environmental Services), which manages Denison's reclaimed mine sites in the Elliot Lake region and provides related services to certain third-party projects.
Follow Denison on Twitter: @DenisonMinesCo
The disclosure of scientific or technical information related to the FFT or Wheeler River project contained in this release has been reviewed and approved, as applicable, by Mr. David Bronkhorst, P.Eng, Denison's Vice President, Operations or Mr. Andrew Yackulic, P. Geo., Denison's Director, Exploration, who are Qualified Persons in accordance with the requirements of NI 43-101.
Certain information contained in this news release constitutes 'forward-looking information', within the meaning of the applicable United States and Canadian legislation, concerning the business, operations and financial performance and condition of Denison. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as 'potential', 'plans', 'expects', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes', or the negatives and/or variations of such words and phrases, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' 'be taken', 'occur' or 'be achieved'.
In particular, this news release contains forward-looking information pertaining to the following: scope, objectives and interpretations of the FS process for the proposed ISR operation for the Phoenix deposit, including metallurgical testing programs described herein and the interpretation of the results therefrom; the scope and design, and related test work, with respect to plans and process designs for the FS; the definition of a saleable product; and expectations regarding its joint venture ownership interests and the continuity of its agreements with its partners and third parties.
Forward looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Denison to be materially different from those expressed or implied by such forward-looking statements. For example, the modelling and assumptions upon which the work plans for the Wheeler River Project are based may not be maintained after further work is completed. In addition, Denison may decide or otherwise be required to discontinue testing, evaluation and development work if it is unable to maintain or otherwise secure the necessary resources (such as testing facilities, capital funding, regulatory approvals, etc.). Denison believes that the expectations reflected in this forward-looking information are reasonable but no assurance can be given that these expectations will prove to be accurate and results may differ materially from those anticipated in this forward-looking information. For a discussion in respect of risks and other factors that could influence forward-looking events, please refer to the factors discussed in Denison's Annual Information Form dated March 25, 2022 or subsequent quarterly financial reports under the heading 'Risk Factors'. These factors are not, and should not be construed as being exhaustive.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Any forward-looking information and the assumptions made with respect thereto speaks only as of the date of this news release. Denison does not undertake any obligation to publicly update or revise any forward-looking information after the date of this news release to conform such information to actual results or to changes in Denison's expectations except as otherwise required by applicable legislation.
Cautionary Note to United States Investors Concerning Estimates of Mineral Resources and Mineral Reserves: This news release may use the terms 'measured', 'indicated' and 'inferred' mineral resources. United States investors are advised that such terms have been prepared in accordance with the definition standards on mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 Mineral Disclosure Standards ("NI 43-101") and are recognized and required by Canadian regulations. Inferred mineral resources have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of an inferred mineral resource exists, or is economically or legally mineable. United States investors are also cautioned not to assume that all or any part of measured or indicated mineral resources will ever be converted into mineral reserves.
Effective February 2019, the United States Securities and Exchange Commission ("SEC") adopted amendments to its disclosure rules to modernize the mineral property disclosure requirements for issuers whose securities are registered with the SEC under the Exchange Act and as a result, the SEC now recognizes estimates of "measured mineral resources", "indicated mineral resources" and "inferred mineral resources". In addition, the SEC has amended its definitions of "proven mineral reserves" and "probable mineral reserves" to be "substantially similar" to the corresponding definitions under the CIM Standards, as required under NI 43-101. However, information regarding mineral resources or mineral reserves in Denison's disclosure may not be comparable to similar information made public by United States companies.
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SOURCE Denison Mines Corp. | https://www.wibw.com/prnewswire/2022/08/03/denison-achieves-key-milestone-with-completion-metallurgical-test-work-define-phoenix-process-plant-components-confirmation-ability-produce-yellowcake/ | 2022-08-03T11:18:06Z |
WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
Friday’s jobs report from the Labor Department showed that last month’s hiring kept the unemployment rate at 3.6%, just above the lowest level in a half-century.
The economy’s hiring gains have been remarkably consistent in the face of the worst inflation in four decades. Employers have added at least 400,000 jobs for 12 straight months.
The latest employment figures did contain a few cautionary notes. The government revised down its estimate of job gains for February and March by a combined 39,000. And the number of people either in the labor force declined in April by 363,000, the first drop since September. Their exit slightly reduced the proportion of Americans who are either working or looking for work from 62.4% to 62.2%.
Still, at a time when worker shortages have left many companies desperate to hire, employers kept handing out pay raises last month. Hourly wages rose 0.3% from March and 5.5% from a year ago.
Across industries last month, hiring was widespread. Factories added 55,000 jobs, the most since last July. Warehouses and transportation companies added 52,000, restaurants and bars 44,000, health care 41,000, finance 35,000, retailers 29,000 and hotels 22,000. Construction companies, which have been slowed by shortages of labor and supplies, added just 2,000.
Yet it’s unclear how long the jobs boom will continue. The Federal Reserve this week raised its key rate by a half-percentage point — its most aggressive move since 2000 — and signaled further large rate hikes to come. As the Fed’s rate hikes take effect, they will make it increasingly expensive for consumers and businesses to borrow, spend and hire.
In addition, the vast economic aid that the government had been supplying to households has expired. And Russia’s invasion of Ukraine has helped accelerate inflation and clouded the economic outlook. Some economists warn of a growing risk of recession.
For now, the resilience of the job market is particularly striking when set against the backdrop of galloping price increases and rising borrowing costs. This week, the Labor Department provided further evidence that the job market is still booming. It reported that only 1.38 million Americans were collecting traditional unemployment benefits, the fewest since 1970. And it said that employers posted a record-high 11.5 million job openings in March and that layoffs remained well below pre-pandemic levels.
What’s more, the economy now has, on average, two available jobs for every unemployed person. That’s the highest such proportion on record.
And in yet another sign that workers are enjoying unusual leverage in the job market, a record 4.5 million people quit their jobs in March, evidently confident that they could find a better opportunity elsewhere.
Chronic shortages of goods, supplies and workers have contributed to skyrocketing price increases — the highest inflation rate in 40 years. Russia’s invasion of Ukraine in late February dramatically worsened the financial landscape, sending global oil and gas prices skyward and severely clouding the national and global economic picture.
In the meantime, with many industries slowed by labor shortages, companies have been jacking up pay to try to attract job applicants and retain their existing employees. Even so, pay raises haven’t kept pace with the spike in consumer prices.
That’s why the Fed, which most economists say was much too slow to recognize the inflation threat, is now raising rates aggressively. Its goal is a notoriously difficult one: a so-called soft landing. | https://cw33.com/news/ap-top-headlines/us-hiring-was-likely-strong-again-in-april-despite-inflation/ | 2022-05-06T13:17:11Z |
Aviat urges shareholders to vote on the GOLD proxy card for ALL FIVE Aviat nominees to elect directors who will support near- and long-term value creation at Ceragon
AUSTIN, Texas, Aug. 11, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW) ("Aviat"), the leading expert in wireless transport solutions, today issued the following open letter to shareholders of Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company") to correct the latest false claims and mischaracterizations made by Ceragon's Board of Directors ("Board") in its August 8, 2022 letter to shareholders.
Dear fellow Ceragon shareholders,
Aviat has given the Board many opportunities to consider and negotiate a transaction that would provide shareholders like you immediate value at a significant premium. Rather than engage in fruitful discussion, the Board has delayed, deferred and attempted to distract you with a series of false and misleading arguments designed to disguise their persistent failure to deliver value. Earlier this week, the Board rejected Aviat's revised proposal to acquire Ceragon for $3.08 per share in cash and stock, in another letter that distorts the record and which is replete with false claims and mischaracterizations. We're writing to you today to once again set the record straight.
THE PROPOSED TRANSACTION WOULD DELIVER SIGNIFICANT VALUE TO SHAREHOLDERS, IN EXCESS OF WHAT CERAGON CAN ACHIEVE THROUGH ITS CURRENT STRATEGY, AND WITH SUBSTANTIALLY LESS EXECUTION RISK.
- Aviat's revised proposal represents a substantial premium of 47% to the closing price of Ceragon shares on June 27, 2022, of $2.09 (the last close price prior to Aviat's first public offer) and a 64% premium to Ceragon's 60-day volume-weighted average share price of $1.88.
- Analysts' price targets reflect what Ceragon could achieve at some point in the future. However, following several quarters of operational challenges, a rising debt load, negative EPS and cash flow, and a botched chip rollout, we see these targets as, at best, highly aspirational. If Ceragon were to combine with Aviat, it would have the management, discipline, resources and broader platform to achieve its full potential.
- Ceragon lowered its annual guidance in the first quarter of 2022, and in the second quarter it missed top line consensus, continuing its pattern of underperformance, having missed analysts' consensus earnings expectations for five of the last ten quarters. Continued performance at these woeful levels will lead to analyst price target reductions.
- While Ceragon touts its progress in North America, industry league tables list Aviat as the number one player in North America, with Ceragon not even among the top three.1
- In its August 8 report, independent proxy advisory firm Institutional Shareholder Services ("ISS") noted that Ceragon, "underperformed peers and the Nasdaq index over all measurement periods ended on the unaffected date… While revenue growth deceleration has also been an issue at peers, the Company's gross margins are below pre-pandemic levels and have not shown signs of recovery over the past several quarters."2 ISS is an independent shareholder advisory service whose recommendations are relied upon by thousands of institutional investors.
Results like these are what Ceragon's Board expects you to believe is "strong business momentum." Since the beginning of 2019, Ceragon has incurred negative free cash flow of $48 million as it has attempted to produce its much-delayed next generation chip, and this burn rate has accelerated as the company has consumed $35 million of the $48 million in just the last 18 months. We believe that this 28-nanometer chip, when it is finally rolled out, will consume more power and create cost, system design, and supply chain challenges. Ceragon's debt-laden balance sheet will not support the expensive redesign needed to address these problems, which we fear could lead this entrenched Board to raise additional capital through a dilutive equity offering.
The truth is that Ceragon is struggling on its own, and is not going to achieve outlandish price targets, or even its own projections. We continue to believe that Ceragon would see tremendous advantages from being part of a larger platform with more scale and resources as part of Aviat. In fact, ISS noted that a "lack of clear progress" could send Ceragon's stock lower in the absence of a transaction, including one with Aviat.
THE CERAGON BOARD HAS DONE VIRTUALLY NOTHING TO EXPLORE (AND EVERYTHING POSSIBLE TO PREVENT) A POTENTIAL TRANSACTION WITH AVIAT OR TO MAXIMIZE VALUE FOR ALL SHAREHOLDERS.
Despite Ceragon's claims to the contrary, the Board has repeatedly erected roadblocks to exploring a value creating transaction with Aviat at any price, even declining to name their own price when offered the opportunity. Instead, they indicated it would take two months to determine a price, which is not what would reasonably be expected from a party genuinely interested in "maximizing shareholder value" – and which is grossly inconsistent with how quickly they rejected both our original and revised public offers. ISS said that "it is questionable to what extent the board has been open to negotiating a deal," and that the Board "does not appear to have engaged in detailed discussions."
We have been crystal clear since making our offer public on June 27 that our very strong preference is to negotiate a mutually agreeable transaction with Ceragon, and we have always believed that eventually they would come to the bargaining table. Unfortunately, since June, Ceragon has spent less than 30 minutes total in dialogue with Aviat, preferring instead to spend their time coming up with specious objections like demanding a reverse termination fee (payable from Aviat to Ceragon if a mutual definitive agreement was entered into but could not be closed) that was both unorthodox and outrageously high (~$60 million) as a prerequisite for discussions; complaining that our proposed reverse termination fee was too low, when in fact all we proposed is that it be based on market standards; or demanding that Aviat agree that Ceragon would not have to pay a termination fee (in the event someone else proposed to buy them after they executed a definitive agreement with Aviat).
What we now recognize is that this Board cannot come to its senses, because the Board lacks the necessary independence to do the right thing for shareholders.
CERAGON SHAREHOLDERS DESERVE A CHANCE FOR GREATER VALUE. THE ZISAPEL BLOC ON THE CERAGON BOARD IS THE PROBLEM. REPLACING A MAJORITY OF THE BOARD IS THE SOLUTION.
Three members of Ceragon's seven-seat Board are closely tied to a fourth director, the Company's Chairman, Zohar Zisapel, and serve on boards or as executives of other companies he controls. Since their other business interests are closely tied to him, it is easy to understand why these directors would support Mr. Zisapel's interests over those of other Ceragon shareholders. ISS said that "investors may question to what extent they would challenge the company's chairman/co-founder." Together this bloc provides Mr. Zisapel with effective majority control of the Board.
Please note that although Mr. Zisapel founded Ceragon, he neither owns nor controls the majority of voting shares. In fact, in February 2021, he sold approximately one-third of his Ceragon shares, when the stock was trading at over $5.00 per share, well above where it has traded since, and has not replenished his position since, showing little confidence in Ceragon's future.
The Zisapel bloc has presided over considerable destruction of shareholder value:
- Former Ceragon CEO Ira Palti oversaw total shareholder return of -21% during his tenure as CEO of Ceragon versus Russell 2000 TSR of 323% during the same period. That is an underperformance of 343%. ISS agrees that Ceragon has underperformed under Mr. Palti's leadership and recommends that shareholders vote FOR his removal from the Board.
- Yael Langer, who is currently employed by Mr. Zisapel, has been on the Ceragon Board since 2000, presiding over consistent underperformance. ISS also recommends that shareholders vote FOR Ms. Langer's removal from the Board to bring a fresh view to Ceragon's challenges.
- Mr. Zisapel himself has watched Ceragon's stock price decline by 87% over the 22 years since he took Ceragon public in August 2000. He has been Chair for every one of those 22 years.
- David Ripstein was previously employed by Mr. Zisapel, and is CEO of another company that demands considerable time and attention, which leads us to fear he would be quick to defer to Mr. Zisapel and Mr. Palti.
As the Board of a publicly traded company, Ceragon's directors should represent the interests of all shareholders, not just Mr. Zisapel.
A VOTE FOR ALL OF AVIAT'S FIVE DIRECTOR NOMINEES ON THE GOLD PROXY CARD IS THE PATH TO CREATING GREATER BOARD INDEPENDENCE AND GREATER SHAREHOLDER VALUE.
All five of our nominees are thoroughly independent – from Aviat itself, from Ceragon's management and, perhaps most importantly, from Mr. Zisapel – and able to provide a fresh, unbiased perspective at a critical junction for Ceragon. No matter what Ceragon tries to allege, when elected, all five of Aviat's nominees would honor their fiduciary responsibility to maximize shareholder value and evaluate and oversee fairly not just our proposal to acquire Ceragon but also any other path to value creation.
To set the record straight on one of Ceragon's most outlandish red herrings, Aviat director nominee Jonathan Foster has the public company board experience to be an immediate asset to the Ceragon Board. Serving today on four other public company boards, service on Ceragon's Board would not make him over-boarded according to the criteria of either ISS or proxy advisory firm Glass Lewis, both of which consider a director over-boarded only if they serve on six or more boards concurrently. Ceragon has also used cherry-picked dates in an attempt to distort the record of another Aviat director nominee, Dennis Sadlowski, who as first a board member and then CEO of CECO Environmental Corporation helped that company significantly reduce its debt, strengthen its leadership team and implement strong processes and overall operational rigor.
As usual, the Ceragon Board is trying to make issues where none exist, hoping you'll excuse them for refusing to engage in discussions regarding a combination with Aviat that would yield a significant premium for shareholders and provide a more effective platform for its technologies. Only by voting FOR Aviat's proposal to remove three entrenched Ceragon directors and FOR the election of ALL FIVE of Aviat's nominees on the GOLD proxy card TODAY can shareholders realize the considerable value of this combination.
YOUR VOTE IS CRUCIAL. Please visit ValueForCeragon.com for more information.
Sincerely,
Peter A. Smith
Aviat Networks
President and Chief Executive Officer
About Aviat Networks, Inc.
Aviat Networks, Inc. is the leading expert in wireless transport solutions and works to provide dependable products, services and support to its customers. With more than one million systems sold into 170 countries worldwide, communications service providers and private network operators including state/local government, utility, federal government and defense organizations trust Aviat with their critical applications. Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support services enabling customers to drastically simplify both their networks and their lives. For more than 70 years, the experts at Aviat have delivered high-performance products, simplified operations, and the best overall customer experience. Aviat Networks is headquartered in Austin, Texas. For more information, visit www.aviatnetworks.com or connect with Aviat Networks on Twitter, Facebook and LinkedIn.
Forward-Looking Statements
The information contained in this document includes forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include, without limitations, statements regarding the proposed transaction between Aviat and Ceragon, the results of the requested extraordinary general meeting of shareholders of Ceragon, Ceragon's actions in connection therewith, and any potential related litigation. All statements, trend analyses and other information contained herein regarding the foregoing beliefs and expectations, as well as about the markets for the services and products of Aviat and trends in revenue, and other statements identified by the use of forward-looking terminology, including, without limitation, "anticipate," "believe," "plan," "estimate," "expect," "goal," "will," "see," "continue," "delivering," "view," and "intend," or the negative of these terms or other similar expressions, constitute forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, forward-looking statements are based on estimates reflecting the current beliefs, expectations and assumptions of the senior management of Aviat regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. Forward-looking statements should therefore be considered in light of various important factors, including those set forth in this document. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include the following:
- the impact of COVID-19 on our business, operations and cash flows;
- continued price and margin erosion as a result of increased competition in the microwave transmission industry;
- our ability to realize the anticipated benefits of any proposed or recent acquisitions, including our proposed transaction with Ceragon, within the anticipated timeframe or at all, including the risk that proposed or recent acquisitions will not be integrated successfully;
- the results of the extraordinary general meeting of Ceragon's shareholders;
- the impact of the volume, timing, and customer, product, and geographic mix of our product orders;
- the timing of our receipt of payment for products or services from our customers;
- our ability to meet projected new product development dates or anticipated cost reductions of new products;
- our suppliers' inability to perform and deliver on time as a result of their financial condition, component shortages, the effects of COVID-19 or other supply chain constraints;
- the effects of inflation and the timing and extent of changes in the prices and overall demand for and availability of our inputs;
- customer acceptance of new products;
- the ability of our subcontractors to timely perform;
- weakness in the global economy affecting customer spending;
- retention of our key personnel;
- our ability to manage and maintain key customer relationships;
- uncertain economic conditions in the telecommunications sector combined with operator and supplier consolidation;
- our failure to protect our Intellectual property rights or defend against Intellectual property infringement claims by others;
- the results of our restructuring efforts;
- the ability to preserve and use our net operating loss carryforwards;
- the effects of currency and interest rate risks;
- the effects of current and future government regulations, including the effects of current restrictions on various commercial and economic activities in response to the COVID-19 pandemic;
- general economic conditions, including uncertainty regarding the timing, pace and extent of an economic recovery in the United States and other countries where we conduct business;
- the conduct of unethical business practices in developing countries;
- the impact of political turmoil in countries where we have significant business;
- the impact of tariffs, the adoption of trade restrictions affecting our products or suppliers, a United States withdrawal from or significant renegotiation of trade agreements, the occurrence of trade wars, the closing of border crossings, and other changes in trade regulations or relationships; and
- Aviat's ability to implement our stock repurchase program or the extent to which it enhances long-term stockholder value.
For more information regarding the risks and uncertainties for Aviat's business, see "Risk Factors" in Aviat's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC") on August 25, 2021, as well as other reports filed by Aviat with the SEC from time to time. Aviat does not undertake any obligation to update publicly any forward-looking statement, whether written or oral, for any reason, except as required by law, even as new information becomes available or other events occur in the future.
Additional Information
This document does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933 or an exemption therefrom.
In connection with any transaction between Aviat and Ceragon that involves the issuance of Aviat shares to the Ceragon shareholders, Aviat will file a registration statement with the SEC. INVESTORS ARE URGED TO READ THE REGISTRATION STATEMENT, ANY AMENDMENTS THERETO AND OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION. Investors will also be able to obtain copies of the registration statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC's web site at www.sec.gov.
Investor Contacts
Aviat Networks
Andrew Fredrickson
+1-408-501-6214
andrew.fredrickson@aviatnet.com
Okapi Partners LLC
Bruce Goldfarb / Chuck Garske / Teresa Huang
+1-212-297-0720
info@okapipartners.com
Media Contact
Abernathy MacGregor
Sydney Isaacs / Jeremy Jacobs
+1-212-371-5999
sri@abmac.com / jrj@abmac.com
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SOURCE Aviat Networks, Inc. | https://www.kxii.com/prnewswire/2022/08/11/aviat-networks-issues-open-letter-ceragon-networks-shareholders-correct-latest-false-claims-mischaracterizations-ceragon-board/ | 2022-08-11T13:42:53Z |
TAIPEI, Aug. 31, 2022 /PRNewswire/ -- According to Research And Markets, the global gaming market size is forecasted to reach up to USD 374 billion by 2026 as the popularity of console and PC gaming continues to grow. The rising popularity has also fueled the demand for advanced displays that are optimized for gaming performance.
The world's leading computer brand, GIGABYTE, is now a well-established name in monitors, offering a wide array of tactical gaming monitors. To meet gamers' increasing demand, GIGABYTE's complete 4K gaming monitor lineup, available in a variety of sizes from 28 to 55 inches, features the HDMI 2.1 interface and 120Hz or higher refresh rates to ensure a smooth gaming experience when paired with the new-gen consoles or desktop gaming PCs.
Designed with gamers' setup flexibility and ergonomic comfort in mind, GIGABYTE launched the Arm Edition gaming monitors on its popular M32U and M28U models. Coming with an ergonomic monitor arm for mounting directly to the desk, the Arm Edition can accommodate a wide range of desktop scenarios from PC gaming, console gaming, to even streaming media, realizing the true 4K entertainment. Unlike the general desktop stands or the traditional C-clamp mount design, the Arm Edition takes up virtually no footprint, significantly saving desktop space. With its thinnest point at only 5mm, it can adapt to various installation scenarios, allowing for more efficient use of the desktop space.
Another highlight of the 4K gaming monitor family is the M32UC, the world's first 31.5-inch 4K 144HZ curved gaming monitor, which is also a very popular option highly recommended by Rtings. The 1500R curvature is more in line with the human eyes. Thanks to the SuperSpeed VA panel, the response time can be shortened to 1ms for an extremely smooth and immersive gaming experience. The excellent color contrast and high refresh rate make M32UC earned Rtings' Best Dark Room 4K Gaming Monitor and Best Curved Monitor For Console Gaming.
To find out more details about GIGABYTE 4K gaming monitors, please visit:
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SOURCE GIGABYTE | https://www.wibw.com/prnewswire/2022/08/31/gigabyte-bolsters-4k-gaming-monitor-offerings-with-new-arm-edition-series/ | 2022-08-31T14:58:54Z |
VAUGHAN, ON, July 7, 2022 /PRNewswire/ - CannTrust Holdings Inc. ("CannTrust" or the "Company") (unlisted), today announced that the Ontario Superior Court of Justice granted an order extending the time for CannTrust to call the next annual meeting of its shareholders to a date no later than November 30, 2022.
Further details are available on CannTrust's investor relations page at https://phoena.com/investors/ and on the website of the Monitor for CannTrust's proceedings under the Companies' Creditors Arrangement Act ("CCAA") proceedings at https://www.ey.com/ca/canntrust.
CannTrust is a holding company and its primary asset is comprised of an approximate 10% equity interest in Phoena Holdings Inc. Although CannTrust is a reporting issuer under the laws of each of the Canadian provinces except for Quebec, it remains subject to the CTO and its common shares have been delisted by the Toronto Stock Exchange and the New York Stock Exchange.
This press release contains "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbor laws, and such statements are based upon CannTrust's current internal expectations, estimates, projections, assumptions and beliefs and views of future events.
Forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as "believes", "expect", "likely", "may", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, including negative and grammatical variations thereof, or statements that certain events or conditions "may", "would" or "will" happen, or by discussions of strategy.
The forward-looking information and statements in this news release include statements relating to the Company's efforts to resolve certain securities regulatory and stock exchange issues, some of which have not been finalized and remain subject to completing further analyses, obtaining shareholder and creditor approval and satisfying the requirements of securities regulators and a stock exchange. Forward-looking information and statements necessarily involve known and unknown risks, including, without limitation: the risk that, if Phoena requires additional equity, the Company's investment in Phoena could be diluted further; the risk that Phoena or its affiliates could default under its credit facilities from Cortland Credit Lending Corporation or Marshall Fields International B.V., which are secured against substantially all of Phoena and the Company's assets; the risk that the Company will not be able to cure its disclosure defaults under securities laws and obtain an order from the OSC to revoke the CTO, on commercially reasonable terms, or at all; the impact of any regulatory and other investigations or proceedings; the risks associated with general economic conditions and/or adverse industry events; the risk of loss of markets; the risk of future legislative and regulatory developments in Canada, the United States and elsewhere; the state of the cannabis industry in Canada generally; the ability of the Company to attract and retain suitable directors, officers and employees; the risks that, even if the CTO can be revoked, the Company will be unable to obtain a stock exchange listing for the Company's common shares; the risk that neither the Company nor Phoena will be able to satisfy the requirements of such exchange; and the ability of Phoena to successfully implement its business strategies.
Any forward-looking information and statements speak only as of the date on which they are made, and, except as required by law, the Company does not undertake any obligation to update or revise any forward-looking information or statements, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Company to predict all such factors. When considering these forward-looking information and statements, readers should keep in mind the risk factors and other cautionary statements in the Company's Annual Information Form dated March 28, 2019 (the "AIF") and filed with the applicable Canadian securities regulatory authorities on SEDAR at www.sedar.com and filed as an exhibit the Company's Form 40-F annual report under the United States Securities Exchange Act of 1934, as amended, with the United States Securities and Exchange Commission on EDGAR at www.sec.gov (the "March 2019 Form 40-F"). The risk factors and other factors noted in the AIF could cause actual events or results to differ materially from those described in any forward-looking information or statements. Readers are also reminded that the Company remains in default of its periodic disclosure requirements under applicable securities laws and stock exchange requirements, that its most recent AIF, Form 40-F and other disclosures do not reflect all risk factors that currently face the Company, and that the Company has not completed or filed the restatements of the financial statements included in the AIF or the March 2019 Form 40-F or otherwise filed an amendment to such Form 40-F, and that the Company was permitted by the Initial Order of the Superior Court of Justice to not to correct its prior filings or make any further filings in respect of periodic disclosure requirements under applicable securities laws and stock exchange requirements. None of the Company's securities is listed for trading on any stock exchange in any jurisdiction and, in Canada, trading in the Company's securities is subject to a cease-trade order issued on April 13, 2020 by the Ontario Securities Commission for CannTrust's failure to comply with its disclosure obligations under applicable securities laws.
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SOURCE CannTrust Holdings Inc. | https://www.kxii.com/prnewswire/2022/07/07/canntrust-extends-time-call-annual-general-meeting/ | 2022-07-07T21:29:24Z |
- Vote by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international
- Vote online at www.proxyvote.com or Robinhood holders vote at www.proxypush.com
- VOTE by 11:59 p.m., Eastern Time on June 29, 2022
- Nikola Chairman Steve Girsky to speak to investors at 12:00 p.m. Eastern Time Today (June 24): https://www.webcast-eqs.com/nikola20220624/en
PHOENIX, June 24, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today published the following notice urging stockholders to vote before the Company's 2022 Annual Meeting of Stockholders to be held virtually on June 30, 2022, at 9:00 a.m. Pacific Time. The voting deadline is June 29, 2022, at 11:59 p.m. Eastern Time.
In addition, today, June 24 at 12:00 p.m. Eastern Time, Nikola Chairman Steve Girsky will speak to investors about the significance of voting FOR Proposal 2. Mr. Girsky will provide voting instructions and answer frequently asked questions from stockholders about the voting process for the Annual meeting. The investor update can be viewed at https://www.webcast-eqs.com/nikola20220624/en.
Nikola urges all stockholders to watch the update and to vote "FOR" Proposal 2 TODAY. Approval of this proposal would allow Nikola to increase the number of authorized shares of the Company's common stock. As described in the proxy statement, the additional authorized shares would provide Nikola with increased flexibility to support, among other things, the growth of the business.
Nikola is advancing its vision of building a future that has a tangible effect on the world we live in. The Company has achieved several key milestones in the past few months, including:
- Started series production on our battery-electric vehicles (BEV), which are being shipped to dealers for customer deliveries
- Fuel cell electric vehicle (FCEV) pilot testing is underway with select customers
- Continuing to expand our strategic partner network
- Phase 1 of the Coolidge, Arizona manufacturing facility has been completed with a production capacity of 2,500 trucks – construction of the Phase 2 assembly expansion area is in process
About Nikola Corporation
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
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SOURCE Nikola Corporation | https://www.kxii.com/prnewswire/2022/06/24/six-days-left-until-voting-deadline-nikola-urges-stockholders-vote-now/ | 2022-06-24T13:32:27Z |
Recognition highlights Blumira's dedication to IT channel growth and product innovation
ANN ARBOR, Mich., July 18, 2022 /PRNewswire/ -- Blumira, a leading cybersecurity provider of automated threat detection and response technology today announced that CRN®, a brand of The Channel Company, has named Blumira to its 2022 Emerging Vendors list in the Security category. This annual list, published during CRN's Emerging Vendors Week, July 18 – 22, recognizes the fast-rising technology vendors that have exhibited a commitment to driving positive change and continuous growth in the IT channel by delivering innovative, cutting-edge solutions.
Blumira was recognized for its cloud-based security information and event management (SIEM) that enables customers to automatically block known threats, use playbooks for easy remediation, and contact Blumira's security team for additional guidance. This cloud SIEM was built for small teams with limited resources, helping managed service providers (MSPs) and their small and medium-sized business (SMB) customers know what to prioritize and how to respond with meaningful findings and built-in playbooks.
"At Blumira, we're dedicated to providing our channel partners and the SMB customers they support with a highly effective, affordable SIEM platform that provides better security outcomes without needing specialized security expertise to run it," said Jeremy Young, Director of Partner Strategy at Blumira. "We're excited to be recognized on the CRN® 2022 Emerging Vendors List, as it demonstrates our ongoing commitment to driving growth in the IT channel and security industry at large."
The technology vendors featured on CRN's 2022 Emerging Vendors are bringing a fresh approach to solving the IT challenges facing customers today, enabling their partners to deliver unique solutions that will ensure the IT channel's continued success.
"As part of our 2022 Emerging Vendors list, CRN recognizes technology vendors that are transforming the IT channel by providing revolutionary and innovative products that help customers manage ever-evolving IT demands," said Blaine Raddon, CEO of The Channel Company. "As a trusted industry resource, CRN's Emerging Vendors list gives solution providers insight into the latest groundbreaking IT channel technologies."
To achieve its mission to make security accessible to organizations of all sizes, Blumira recently launched its free cloud SIEM with detection and response to give SMBs and their MSPs quick insight into their Microsoft 365 environments. Blumira also offers not-for-resale (NFR) licensing so that MSPs can try Blumira's Advanced edition before selling it to their customers.
Coming soon later this year, Blumira will announce new features from its product roadmap designed to specifically support MSPs and their customers. For more information about Blumira, please visit https://www.blumira.com.
About Blumira
Blumira is a leading cybersecurity provider of automated threat detection and response technology. Blumira's mission is to make security accessible to organizations of all sizes. Founded in 2018, Blumira's cloud security platform helps organizations with limited security resources to detect and respond to cybersecurity threats faster to stop ransomware and data breaches. The all-in-one solution is quick to deploy, easy to implement, and integrates broadly across cloud and on-premises technology to provide coverage for hybrid environments. Blumira was recognized by G2 as a Momentum leader, ranked as 'Best Return on Investment (ROI),' 'Fastest Implementation,' and 'Easiest to Use' in the G2 Winter 2022 Grid® Reports.
Media Contact:
Katherine Benfield
Lumina Communications for Blumira
Blumira@luminapr.com
About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by nearly 40 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com
Follow The Channel Company: Twitter, LinkedIn and Facebook.
© 2022 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.
The Channel Company Contact:
Jennifer Hogan
The Channel Company
jhogan@thechannelcompany.com
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SOURCE Blumira | https://www.kxii.com/prnewswire/2022/07/18/blumira-spotlighted-crn-2022-emerging-vendors-list/ | 2022-07-18T14:48:23Z |
TORONTO, Aug. 2, 2022 /PRNewswire/ -- Waste Connections, Inc. (TSX/NYSE: WCN) ("Waste Connections" or the "Company") today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 U.S. per common share of the Company. The regular quarterly cash dividend will be paid on September 1, 2022 to shareholders of record at the close of business on August 18, 2022. The Board intends to review the quarterly dividend each October, with a long-term objective of increasing the amount of the dividend.
Shareholders of Waste Connections whose common shares are held by a bank or broker that participates in U.S. depositary DTC will receive payment of their dividends in U.S. dollars. Shareholders of Waste Connections whose common shares are held by a bank or broker that participates in Canadian depositary CDS will receive payment of their dividends in Canadian dollars, calculated based on the Bank of Canada's daily average exchange rate on August 18, 2022. Shareholders of Waste Connections who hold their shares in direct registration with Computershare, the Company's transfer agent, will receive payment of their dividends in Canadian dollars if they are residents of Canada, as reflected in Waste Connections' shareholders register, and will receive their dividend payments in U.S. dollars if they are not residents of Canada, including if they are residents of the U.S.
About Waste Connections
Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, along with resource recovery primarily through recycling and renewable fuels generation. The Company serves more than eight million residential, commercial and industrial customers in mostly exclusive and secondary markets across 43 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery and disposal services in several basins across the U.S., as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest. For more information, visit Waste Connections at www.wasteconnections.com.
Safe Harbor and Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 ("PSLRA"), including "forward-looking information" within the meaning of applicable Canadian securities laws. These forward-looking statements are neither historical facts nor assurances of future performance and reflect Waste Connections' current beliefs and expectations regarding future events and operating performance. These forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "intends," "may," "might," "will," "could," "should" or "anticipates," or the negative thereof or comparable terminology, or by discussions of strategy. All of the forward-looking statements included in this press release are made pursuant to the safe harbor provisions of the PSLRA and applicable Canadian securities laws. Forward-looking statements involve risks and uncertainties. Forward-looking statements in this press release include, but are not limited to, statements about the timing and amount of cash dividends. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, risk factors detailed from time to time in the Company's filings with the SEC and the securities commissions or similar regulatory authorities in Canada. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Waste Connections undertakes no obligation to update the forward-looking statements set forth in this press release, whether as a result of new information, future events, or otherwise, unless required by applicable securities laws.
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SOURCE Waste Connections, Inc. | https://www.wibw.com/prnewswire/2022/08/02/waste-connections-announces-regular-quarterly-cash-dividend/ | 2022-08-02T21:41:06Z |
VANCOUVER, BC, April 25, 2022 /PRNewswire/ - RYU Apparel Inc. (TSXV: RYU) (OTCQB: RYPPF) (FWB: RYA) ("RYU" or the "Company"), creator of award-winning urban athletic apparel, is pleased to announce significant progress on its new three-pronged wholesale strategy targeting Off Price, National Chains and Specialty Retailers. The March hirings of DJM Sales Consulting (to lead global sales) and Caraway & Company (to act as RYU's exclusive U.S. wholesale representative), have contributed substantially to this effort, leading to the company's first strategic partnership with Indigo.
Indigo (TSX: IDG) is Canada's leading book and lifestyle retailer, offering a curated assortment of products to simplify their customers' journeys and live with intention. They were seeking a premium activewear partner to add to their collection, so RYU was a perfect fit. Their focus on respect, teamwork, passion and customer engagement also aligns with RYU's core values, a key factor in choosing strategic partners. Indigo will fall under the "Drop ship" channel.
RYU is building three main wholesale channels to scale their business through premium brand partners and volume retail partnerships. Each is designed to fill a particular need:
- Traditional: Stockholding retailers (both brick + mortar and ecommerce) at standard keystone margins, focused on current season products.
- Clearance: Premium clearance partners to clear out old inventory.
- Drop ship: Digital partners who will sell RYU products on their ecommerce storefronts through EDI (electronic data interchange) drop shipping.
"DJM and Caraway & Company have helped move the needle on our new wholesale business in a remarkably short period of time," says Rob Blair, COO. "In conjunction with our in-house sales team, they have identified potential wholesale partners, met with those partners, and have even progressed to the ordering stage with a numerous national retailers . We are thrilled with the progress so far, and look forward to what we're able to accomplish over the coming months."
Wholesale is a key component of RYU's four-pillar growth strategy focused on brand, product, digital and retail. By expanding beyond their existing digital and retail channels to include wholesale partners, RYU will strengthen its brand presence and reach a whole new audience.
This new strategy is launching during a booming time for the company. So far in 2022, RYU's ecommerce revenue, transaction rate and average order value is on track to double, or even triple, last year's numbers. Adding wholesale to the mix will build off this momentum to catapult the company toward even more expansive growth.
About RYU Apparel
RYU Apparel (TSXV: RYU, OTCQB: RYPPF), or Respect Your Universe, is an award winning urban athletic apparel and accessories brand engineered for active lifestyles. Designed without compromise for fit, comfort, and durability, RYU exists to facilitate optimal human performance. For more information, please visit the RYU website at: http://ryu.com
Forward Looking Statements Disclaimer
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
This news release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of RYU. There are numerous risks and uncertainties that could cause actual results and RYU's plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions resulting in the inability of RYU to raise necessary financing required to enter and make payments under the proposed definitive agreements; (ii) the inability of RYU to obtain any necessary approvals in respect of the proposed agreements, including approvals necessary for the issuance of the RSU's; and (iii) inability to restructure and transform its business as required. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking statements are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, RYU does not intend to update these forward-looking statements.
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SOURCE RYU Apparel Inc. | https://www.kxii.com/prnewswire/2022/04/25/ryu-apparels-new-wholesale-strategy-takes-off-landing-new-strategic-partnership/ | 2022-04-25T11:24:01Z |
NEW YORK , May 30, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Axsome Therapeutics, Inc. ("Axsome" or the "Company") (NASDAQ: AXSM) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-03925, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Axsome securities between December 30, 2019 and April 22, 2022, 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 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Axsome securities during the Class Period, you have until July 12, 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.
Axsome is a biopharmaceutical company that engages in the development of novel therapies for central nervous system disorders in the United States. The Company is developing, among other product candidates, AXS-07, a novel, oral, rapidly absorbed, multi-mechanistic, and investigational medicine for the acute treatment of migraine.
Axsome consistently touted AXS-07's regulatory and commercial prospects in anticipation of the Company's submission a New Drug Application ("NDA") to the U.S. Food and Drug Administration ("FDA") for AXS-07 for the acute treatment of migraine (the "AXS-07 NDA") based on the drug's positive results in two Phase 3 trials. However, unbeknownst to investors, the Company's preparation and eventual submission of the AXS-07 NDA was plagued with chemistry, manufacturing, and control ("CMC") issues.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Axsome's CMC practices were deficient with respect to AXS-07 and its manufacturing process; (ii) as a result, Axsome was unlikely to submit the AXS-07 NDA on its initially represented timeline; (iii) the foregoing CMC issues remained unresolved at the time that the FDA reviewed the AXS-07 NDA; (iv) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (v) as a result of all the foregoing, Axsome had overstated AXS-07's regulatory and commercial prospects; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
On November 5, 2020, Axsome issued a press release reporting the Company's third quarter 2020 results. That press release disclosed that the Company "plans to submit the [AXS-07] NDA to the FDA in the first quarter of 2021, versus previous guidance of the fourth quarter of 2020, to allow for inclusion of supplemental manufacturing information to ensure a robust submission package."
On this news, Axsome's stock price fell $5.22 per share, or 6.99%, to close at $69.51 per share on November 5, 2020.
Then, on April 25, 2022, Axsome disclosed in a filing with the U.S. Securities and Exchange Commission that, "[o]n April 22, 2022, Axsome . . . was informed by the [FDA] that [CMC] issues identified during the FDA's review of the Company's [NDA] for its AXS-07 product candidate for the acute treatment of migraine are unresolved." That filing also disclosed that "[b]ased upon the time remaining in the NDA review cycle, the Company expects to receive a Complete Response Letter [('CRL')] with respect to this NDA on or about the Prescription Drug User Fee Act target action date of April 30, 2022."
On this news, Axsome's stock price fell $8.60 per share, or 21.99%, to close at $30.50 per share on April 25, 2022.
Finally, on May 2, 2022, Axsome announced that it received a CRL from the FDA regarding the AXS-07 NDA for the acute treatment of migraine. According to the Company, "[t]he principal reasons given in the CRL relate to [CMC] considerations" including "the need for additional CMC data pertaining to the drug product and manufacturing process."
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.wibw.com/prnewswire/2022/05/30/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-axsome-therapeutics-inc-class-action-lawsuit-upcoming-deadline-axsm/ | 2022-05-30T22:36:55Z |
New 2022 All Star list recognizes Most Loved U.S. restaurants on DoorDash who are customer favorites and consistently make sure orders are right, on-time, and delicious
First-annual list comes in tandem with new in-app features designed to make decision-making easier for customers and inspire the exploration of top-rated eats in their neighborhood
SAN FRANCISCO, June 13, 2022 /PRNewswire/ -- A great DoorDash experience is not just about the food that's delivered; it's also about how it arrives, how long it took to get there, and much more. Today, DoorDash (NYSE: DASH) unveiled its first annual awards list honoring the top 100 Most Loved All Star Restaurants in the United States for 2022. The restaurant partners on this list are not only good at their craft, they're also reliable, top-rated by consumers, and exceptional at operations — fewer than 1% of restaurants on DoorDash qualified. From the corner poke shop to the Italian eatery that defines the neighborhood, DoorDash's 2022 Most Loved All Stars list celebrates the local restaurants that go above and beyond for their customers' online orders, time and time again.
DoorDash's goal is to set restaurant partners up for success and growth, and Most Loved is all about recognizing and rewarding the top-rated, most reliable restaurants. Between the food, the service, and the overall experience, creating a top-notch customer experience is no small feat — the Most Loved program was designed to reward restaurants that excel in all of these areas. These are DoorDash's top-rated, most reliable restaurants, where customers can rest assured that their order will be right and delivered fresh.
"Being Most Loved is not just about serving good food, it's also about being dependable and operationally efficient," said Christoper Payne, President, DoorDash. "These are the restaurants in our local communities that deliver a great meal and always go that extra mile. It's our honor to celebrate these amazing partners that make DoorDash great and the experience for our shared customers top-notch."
Without further ado, in alphabetical order, the U.S. 100 Most Loved All Stars 2022 are as follows:
- AA POKE: Fort Wayne, IN
- Aikou Asian Cuisine: Morristown, NJ
- Airoma Cafe: Garden Grove, CA
- All About Poke: Rancho Palos Verdes, CA
- Aloha Hawaiian Bbq: Pueblo, CO
- Aloha Poke & Ramen: West Sacramento, CA
- Amar India Restaurant: Dayton, OH
- aoyama ramen: Olathe, KS
- Asian 211 Bistro: Middletown, NY
- Avor Thai: Cranberry Township, PA
- Backyard Grill: Highland Park, IL
- Bento's Hibachi & Sushi Express: Gambrills, MD
- Chicago Taco Authority: Chicago, IL
- Corner Kebab: San Fernando, CA
- Custard's Last Stand: Lee's Summit, MO
- Damas Mediterranean Grill: Exton, PA
- Darbar: Palo Alto, CA
- Ding Tea Orange: Orange, CA
- Don Gabino's Mexican Grill: Bend, OR
- Emma's: Deer Park, NY
- The Flying Yolk: Simi Valley, CA
- FOB Poke Bar (Belltown): Seattle, WA
- Folklore Artisanal Taco: Chatham Township, NJ
- Fresh Catch Poke Co.: Williamsville, NY
- Giuseppe Pizza and Family Restaurant: Richboro, PA
- The Great Greek Mediterranean Grill: Township, MI
- Greek Pastry Shop - #1 Gyros: Missoula, MT
- Gyro Guys Halal Grill: Everett, WA
- Happy Donuts & Bagels : Ukiah, CA
- Hawaii Poke Bowl: Staten Island, NY
- Hiro Bento House: Rolla, MO
- Honey Hi: Los Angeles, CA
- Honolulu Poke Bar: Fort Collins, CO
- Humboldt Haus: Chicago, IL
- Ichi Tokyo: Rochester, MN
- Idli Dosa: Midland, MI
- Iron Poke: Stony Brook, NY
- JJ Poke Bowl: Pittsburgh, PA
- Kaizoku Japanese Cuisine: Indian Trail, NC
- Kangnam Style: Harrisonburg, VA
- Kinjo Japanese Steakhouse: Saratoga Springs, NY
- Koi Asian Fusion Lounge: Brick, NJ
- Koi Hibachi & Kitchen: Toms River, NJ
- Koi Kokoro: Islip, NY
- Krazy Moose Subs: Wasilla, AK
- Lambruscoz Deli: Tulsa, OK
- Little Original Joe's: San Francisco, CA
- Little V: League City, TX
- Lotus Cuisine of India: San Rafael, CA
- Mag's Donuts: Newport Beach, CA
- Main Street Cafe & Bakery: Ankeny, IA
- Mexican Grill 2000: East Patchogue, NY
- Misago Bistro Sushi: Lebanon, PA
- The Modern Rotisserie & New England Soup Factory: Newton, MA
- Myungrang Hot Dog: Garden Grove, CA
- New York Chicken & Gyro: Canoga Park, CA
- Ninja of Japan: Muncie, IN
- Noodle House + Kung Fu Tea: Princeton, NJ
- OEC Chinese Restaurant: Cartersville, GA
- One Waan Thai: San Francisco, CA
- Pasta Volo: Asbury Park, NJ
- Pho Hana Restaurant: Torrance, CA
- Pho Nguyen's House: Lynnwood, WA
- Poke House and Tea Bar: St Paul, MN
- Poke Junction: Palmdale, CA
- PokéBowl Station: Lancaster, PA
- Rascal's Teriyaki Grill: Torrance, CA
- Red Stone Pizza: Clovis, NM
- Sala Thai: New York, NY
- Salad House: Chicago, IL
- Sarducci's Specialty Subs: Kirkland, WA
- Sawasdee: Soquel, CA
- Shana Thai: Mountain View, CA
- Shandong Restaurant: Oakland, CA
- Shanghai Dumpling King: San Francisco, CA
- Something Vegan: Toluca Lake, CA
- Song Tea & Poke: Blaine, MN
- Stuft Pizza: Milpitas, CA
- Sunny Kitchen: Mt Juliet, TN
- Sushi Neko: Queen Creek, AZ
- Sushi Time: Dallas, TX
- Taiwan Porridge Kingdom: Cupertino, CA
- Taj Mahal: Kansas City, MO
- Taste Of Korea: Chantilly, VA
- Tatsu Ramen: Pasadena, CA
- Thai Drift: Orem, UT
- Thai Table: Whittier, CA
- Tisane: San Jose, CA
- Tomo Poke Bowl: Knoxville, TN
- Tony Boy's Sandwich House: Livingston, NJ
- Triple Beam Pizza: Los Angeles, CA
- Twisted Fresh: Overland Park, KS
- Umi Japanese Cuisine: Stafford, VA
- Wasabi Bistro: Hershey, PA
- World Street Kitchen: Minneapolis, MN
- Yama Sushi: Manalapan Township, NJ
- Yummy Hawaiian BBQ: Pittsburg, CA
- Yummy House: Brentwood, CA
- Yupha's Thai Kitchen: Tempe, AZ
- Zena Sushi: Hurst, TX
The complete list can also be found here. To dig a bit deeper locally, please visit Most Loved All Star lists for Chicago, Los Angeles, Houston, Greater New York City area, San Francisco, Seattle and the Greater Washington D.C area. Within the DoorDash app, nominated restaurants will have a special "Most Loved All Stars" badge and can also be found on a dedicated homepage carousel. Restaurants interested in learning more about the Most Loved program can go here.
The first-annual Most Loved All Star list comes in tandem with new in-app features designed to make decision-making easier for customers and inspire the exploration of top-rated eats in their neighborhood. Through lists and features including Most Liked Items, written reviews and Top 10 lists, DoorDash is helping consumers pick their next meal with confidence and ease — and discover all the best of their city. Learn more here.
The Most Loved All Stars list was generated by analyzing data from April 2021 to April 2022. All restaurants who achieved Most Loved status for at least ten months qualified for All Star in-app promotion and relevant local lists. Those merchants with 5 stores or less who had achieved Most Loved status for twelve consecutive months were ranked by average overall customer rating with the top 100 being named to the list.
DoorDash (NYSE: DASH) is a technology company that connects consumers with their favorite businesses. Founded in 2013, DoorDash enables local businesses to address consumers' expectations of ease and immediacy and thrive in today's convenience economy. By building the logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time.
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SOURCE DoorDash | https://www.wibw.com/prnewswire/2022/06/13/100-most-loved-restaurants-doordash-revealed/ | 2022-06-13T14:12:20Z |
COLOGNE, Germany , May 5, 2022 /PRNewswire/ -- Avenga, a global engineering and IT consulting platform, is opening a new delivery office in Porto. By the end of the year, at least 50 employees are to work in Portugal's second-largest city to help the digital transformation technology group satisfy steadily growing demands, especially from its European and North American clients. The geographical expansion to yet another country shows that Avenga's long-term strategy to shake up the traditional IT market and establish itself as one of the top players is working.
Factors such as availability, maturity of resources, political stability, and the general business environment have positioned Portugal as one of the best locations for technology-based service providers in many independent studies over the years. On top, the presence of the internationally recognized annual Web Summit has created even more interest in the country as a tech hub, and nowadays, some of the biggest and most famous IT companies have offices there. Porto, in particular, is known for its vibrant tech scene with lots of startups, development labs, and a vast amount of highly skilled professionals.
"Portugal early on embraced digitization and made it a governmental priority. The results are on display, for example, in a modern and efficient bureaucracy, state-of-the-art IT education programs, and a highly qualified workforce. Since we are planning to grow substantially in Porto's metropolitan area to scale our offerings on the global market even faster, we are looking forward to collaborating closely with the city's universities. As everywhere we are and go, we want to invest in talent and bring an already strong engineering culture to the next level", says Jan Webering, CEO of Avenga.
His company is known as an experienced and reliable business partner with deep industry knowledge, especially in pharma, advanced manufacturing, and insurance and finance. Avenga's 4.000 specialists operate worldwide and support global corporations and large medium-sized companies in their digital transformation with projects along the entire digital value chain – from digital strategy to the implementation of software, user experience, and IT solutions, including hosting and operations. The IT service provider has many world-renowned organizations among its clients, for instance ABB, Allianz, Boehringer Ingelheim, Credit Suisse, GSK, and Santander.
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SOURCE Avenga | https://www.wibw.com/prnewswire/2022/05/05/new-subsidiary-avenga-expands-portugal/ | 2022-05-05T15:30:37Z |
-- San Gabriel Valley Band's Performance to Benefit Boys & Girls Club And Anti-Racism Response Network 'Stop AAPI Hate' --
-- ROOTED to Pre-Release Single "Waiting" Sunday, May 15 at Blossom Market Hall in San Gabriel --
LOS ANGELES, May 13, 2022 /PRNewswire/ -- School-aged Asian American indie-pop rockers ROOTED today announced the pre-release of their first single "Waiting," featuring singer-songwriters Shalom Lim and Genevieve Thai, along with Valen Shieh on bass guitar, Karissa Lee on guitar and Selina Ye on keyboard and synth.
The pre-release of "Waiting" coincides with Asian American and Pacific Islander Heritage Month, a time of year that resonates deeply with ROOTED whose band members are growing up in the San Gabriel Valley, a region of Los Angeles known for its Asian roots.
"In the last two years, it's been non-stop headlines about violence and discrimination against Asians. Most of us have grown up here in the US and start to question why do we feel like outsiders or are not fully accepted? There are so many negative headlines, so we wanted to create this event to celebrate, recognize and represent the positive contributions of the Asian & Pacific Islander Americans community," says the band.
To celebrate AAPI Heritage Month, ROOTED will be performing their upcoming single live on Sunday, May 15 at noon at Blossom Market Hall located at 264 South Mission Drive in San Gabriel. Boys & Girls Club of West San Gabriel Valley and Eastside will also feature a display of artwork from young AAPI artists throughout the day. You can pre-save "Waiting" here.
"We are inspired and grateful for ROOTED's commitment to raising awareness about the challenges the Asian community experiences on a daily basis throughout our region," said JR Dzubak, chief executive officer of Boys & Girls Club of West San Gabriel Valley and Eastside. "Thank you for supporting our cause and standing up against racism."
ROOTED will also be the opening act for
ROOTED is a middle school-aged indie pop/rock band formed by singers/songwriters Shalom Lim and Genevieve Thai. The band features Valen Shieh on bass guitar, Karissa Lee on guitar, and Selina Ye on keyboard and synth. For more information, please visit www.rooted.band or follow ROOTED on Facebook, Instagram, and YouTube.
Management
info@rooted.band
Press
Amanda Blide, Trend PR
amanda@trendpr.com
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SOURCE Rooted Band | https://www.wibw.com/prnewswire/2022/05/13/middle-school-aged-indie-rockers-rooted-put-aapi-youth-music-concert-with-pre-release-new-single-waiting/ | 2022-05-13T19:47:21Z |
House voting on domestic terrorism bill after Buffalo attack
WASHINGTON (AP) — The House moved toward swift passage Wednesday of legislation that would devote more federal resources to preventing domestic terrorism in response to the racist mass shooting in Buffalo, New York.
The legislative effort is not new, as the House passed a similar measure in 2020 only to have it languish in the Senate. But lacking support in the Senate to move ahead with the gun-control legislation that they say is necessary to stop mass shootings, Democrats are instead pushing for a broader federal focus on domestic terrorism.
“We in Congress can’t stop the likes of (Fox News host) Tucker Carlson from spewing hateful, dangerous replacement theory ideology across the airwaves. Congress hasn’t been able to ban the sale of assault weapons. The Domestic Terrorism Prevention Act is what Congress can do this week to try to prevent future Buffalo shootings,” Rep. Brad Schneider, D-Ill., who first introduced the measure in 2017, said on the House floor Wednesday.
The measure seeks to prevent another attack like the one that took place in Buffalo on Saturday when police say an 18-year-old white man drove three hours to carry out a racist, livestreamed shooting rampage in a crowded supermarket. Ten people were killed.
The Democratic sponsors of the bill say it will fill the gaps in intelligence-sharing among the Justice Department, Department of Homeland Security and the FBI so that they can better track and respond to the growing threat of white extremist terrorism.
Under current law, the three federal agencies already work to investigate, prevent and prosecute acts of domestic terrorism. But the bill would require each agency to open offices specifically dedicated to those tasks and create an interagency task force to combat the infiltration of white supremacy in the military.
The Congressional Budget Office estimates the bill would cost about $105 million over five years, with most of the money going toward hiring staff.
“As we took 911 seriously, we need to take this seriously. This is a domestic form of the same terrorism that killed the innocent people of New York City and now this assault in Buffalo and many other places,” Democratic Sen. Dick Durbin, who is sponsoring an identical bill in the Senate, said Wednesday. “The only thing missing between these organizations in the past are the white robes.”
Senate Democrats are pledging to bring up the bill for a vote next week. But its prospects are uncertain, with Republicans opposed to bolstering the power of the Justice Department in domestic surveillance.
Republican lawmakers assert that the Justice Department abused its power to conduct more domestic surveillance when Attorney General Merrick Garland issued a memo in October aimed at combating threats against school officials nationwide. They labeled the memo as targeting concerned parents.
GOP lawmakers also say the bill doesn’t place enough emphasis on combatting domestic terrorism committed by groups on the far left. Under the bill, agencies would be required to produce a joint report every six months that assesses and quantifies domestic terrorism threats nationally, including threats posed by white supremacists and neo-Nazi groups.
“This bill glaringly ignores the persistent domestic terrorism threat from the radical left in this country and instead makes the assumption that it is all on the white and the right,” said Rep. Darrell Issa, R-Calif.
The divergence highlights the stubborn gap between Democrats and Republicans over domestic terrorism in the U.S. and how it should be defined and prosecuted.
For decades, terrorism has been consistently tied with attacks from foreign actors, but as homegrown terrorism, often perpetrated by white men, has flourished over the past two decades, Democratic lawmakers have sought to clarify it in federal statute.
“We’ve seen it before in American history. The only thing missing between these organizations and the past are the white robes,” Durbin said. “But the message is still the same hateful, divisive message, that sets off people to do outrageously extreme things, and violent things, to innocent people across America. It’s time for us to take a stand.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/18/house-voting-domestic-terrorism-bill-after-buffalo-attack/ | 2022-05-18T21:46:01Z |
(NEXSTAR) — With just over a month left of summer, the fall football season is on its way (though probably not fast enough for football fans). The start of a new school year means many Texas towns will start seeing more people coming in to catch college games.
While Texas is home to some of the country’s most famous college towns and teams, there’s one city in the Lone Star State that Airbnb reports is the state’s biggest destination in bookings for upcoming stays so far this year.
Lubbock, in west Texas, outpaced other Texas cities in Q1 2022 Airbnb bookings, the company says. The city is home to the Texas Tech Red Raiders, who begin their season Sept. 3.
Airbnb’s full list of college town getaways include:
- Ocean City, New Jersey
- Bella Vista, Arkansas
- Oxford, Mississippi
- Santa Ana and La Mesa, California
- Baton Rouge, Louisiana
- Ann Arbor, Michigan
- Lexington, Kentucky
- Wheat Ridge, Colorado
Football season is a boon for many short-term rental owners, with University of California San Diego researchers noting that home games alone amounted for over 60% of total rental income between the August and December football seasons in both 2014 and 2015.
Austin, home of the University of Texas Longhorns, is also home to big football tourism. Texas’ Capitol was previously named among the Travel Channel’s “15 College Football Cities to Visit.” | https://cw33.com/news/texas/this-is-texas-top-airbnb-city-during-football-season/ | 2022-08-16T21:18:46Z |
EXPLAINER: Is COVID-19 winding down? Scientists say no.
(AP) - Is the coronavirus on its way out?
You might think so. New, updated booster shots are being rolled out to better protect against the variants circulating now. The U.S. Centers for Disease Control and Prevention has dropped COVID-19 quarantine and distancing recommendations. And more people have thrown off their masks and returned to pre-pandemic activities.
But scientists say no. They predict the scourge that’s already lasted longer than the 1918 flu pandemic will linger far into the future.
One reason it’s lasted this long? It’s gotten better and better at getting around immunity from vaccination and past infection. Scientists point to emerging research that suggests the latest omicron variant gaining ground in the U.S. — BA.4.6, which was responsible for around 8% of new U.S. infections last week — appears to be even better at evading the immune system than the dominant BA.5.
Scientists worry the virus may well keep evolving in worrisome ways.
HOW LONG WILL IT BE AROUND?
White House COVID-19 coordinator Dr. Ashish Jha said COVID-19 will likely be with us for the rest of our lives.
Experts expect COVID-19 will someday become endemic, meaning it occurs regularly in certain areas according to established patterns. But they don’t think that will be very soon.
Still, living with COVID “should not necessarily be a scary or bad concept,” since people are getting better at fighting it, Jha said during a recent question-and-answer session with U.S. Sen. Bernie Sanders of Vermont. “Obviously if we take our foot off the gas — if we stop updating our vaccines, we stop getting new treatments — then we could slip backwards.”
Experts say COVID will keep causing serious illness in some people. The COVID-19 Scenario Modeling Hub made some pandemic projections spanning August 2022 to May 2023, assuming the new tweaked boosters adding protection for the newest omicron relatives would be available and a booster campaign would take place in fall and winter. In the most pessimistic scenario — a new variant and late boosters — they projected 1.3 million hospitalizations and 181,000 deaths during that period. In the most optimistic scenario — no new variant and early boosters — they projected a little more than half the number of hospitalizations and 111,000 deaths.
Eric Topol, head of Scripps Research Translational Institute, said the world is likely to keep seeing repetitive surges until “we do the things we have to do,” such as developing next generation vaccines and rolling them out equitably.
Topol said the virus “just has too many ways to work around our current strategies, and it’ll just keep finding people, finding them again, and self-perpetuating.”
HOW WILL THE VIRUS MUTATE?
Scientists expect more genetic changes that affect parts of the spike protein studding the surface of the virus, letting it attach to human cells.
“Every time we think we’ve seen the peak transmission, peak immune escape properties, the virus exceeds that by another significant notch,” Topol said.
But the virus probably won’t keep getting more transmissible forever.
“I think there is a limit,” said Matthew Binnicker, director of clinical virology at Mayo Clinic in Rochester, Minnesota. “What we’re really dealing with, though, is there’s still a lot of people across the world who don’t have any prior immunity — either they haven’t been infected or they haven’t had access to vaccination.”
If humanity’s baseline level of immunity rises significantly, he said, the rate of infections, and with that emergence of more contagious variants, should slow down.
But there is a chance the virus could mutate in a way that causes more severe illness.
“There’s not any inherent reason, biologically, that the virus has to become milder over time,” said Dr. Wesley Long, a pathologist at Houston Methodist. The fact it may seem milder now “is likely just the combined effect of all of us having some immune history with the virus.”
While scientists hope that continues, they also point out that immunity gradually wanes.
WILL THE NEXT VARIANT BE ANOTHER VERSION OF OMICRON?
Omicron has been around since late last year, with a series of super transmissible versions quickly displacing one another, and Binnicker believes “that will continue at least for the next few months.”
But down the road, he said it’s likely a new variant distinct from omicron will pop up.
The recent wave of infections and re-infections, he said, “gives the virus more chances to spread and mutate and new variants to emerge.”
CAN PEOPLE INFLUENCE THE FUTURE OF THE VIRUS?
Yes, experts said. One way is to get vaccinated and boosted.
“We have a virus out there that’s still circulating, still killing hundreds of Americans every day,” Jha said in a press briefing Tuesday. But, he added: “We now have all of the capability to prevent, I believe, essentially all of those deaths. If people stay up to date on their vaccines, if people get treated if they have a breakthrough infection, we can make deaths from this virus vanishingly rare.”
Not only does vaccination protect against severe disease and death, it raises the level of immunity globally.
CDC director Rochelle Walensky said Tuesday that up to 100,000 COVID-19 hospitalizations and 9,000 deaths could be prevented if Americans get the updated booster at the same rate they typically get an annual flu shot this fall. About half of Americans are typically vaccinated against the flu each year.
People can also keep protecting themselves by taking other precautions like, for example, wearing masks indoors when COVID rates are high.
Longtime nurse Catherine Mirabile said it’s important not to dismiss the dangers of the coronavirus – which sickened her twice, nearly killed her husband and left them both with long COVID. Daily deaths still average around 450 in the U.S.
“People really need to look at this and still take this seriously,” said the 62-year-old from Princeton, West Virginia, who is now on disability. “They could end up in the same shape we’re in.”
___
AP reporters Zeke Miller and Amanda Seitz contributed from Washington.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/09/06/explainer-is-covid-19-winding-down-scientists-say-no/ | 2022-09-06T20:34:22Z |
FORT COLLINS, Colo., Aug. 31, 2022 /PRNewswire/ -- STOW IT, one of the leading vehicle storage start-ups, is now working with semi-truck yards throughout the United States to provide secure long-term parking. STOW IT works with fleet owners, semi-yard owners, and brokers to facilitate vehicle storage. They are currently looking for well-connected individuals in the industry to connect those who need parking with available their available semi yard inventory and offering a lucrative commission structure.
STOW IT offers individuals who present deals a 6% connection fee for the lifetime of the deal. STOW IT handles the entire process including payments, contacts and accounting including the payment of the commission to you each month. Their current goal is to get connected with those who can help fill up their semi-yard inventory.
There are no fees or sign-up costs, and you make money if you connect a deal. The leases are storage leases, not commercial real estate deals or leases, so you do not need a broker's license to make the commission.
These individuals will get priority access to STOW IT's real-time inventory of available spaces and yards throughout the United States.
Any individual in the semi-truck industry can work with STOW IT. To team up with STOW IT, send an email to support@stowit.com. They review all applicants then will set you up on their member-only website which gives you access to all of the semi yard inventory, location, prices, etc. You can see some of the existing yards and inventory through STOW IT's website at https://stowit.com/commercial-semi-storage.
STOW IT works with over 40 semi-yards across the United States with inventory for people who need storage for 1-250 truck and trailers. If you are interested in working with them, simply send them an email with your information.
CONTACT: info@stowit.com
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SOURCE STOW IT | https://www.mysuncoast.com/prnewswire/2022/08/31/stow-it-the-airbnb-vehicle-storage-now-offering-6-commission-filling-their-spaces/ | 2022-08-31T14:10:24Z |
Deere Reports Second Quarter Net Income of $2.098 Billion
Published: May. 20, 2022 at 6:45 AM EDT|Updated: 30 minutes ago
Quarterly earnings rise 17% on increase in net sales of 9%.
Market conditions and industry fundamentals support continuation of robust environment.
Full-year earnings forecast increased to $7.0 to $7.4 billion, including special items.
MOLINE, Ill., May 20, 2022 /PRNewswire/ -- Deere & Company (NYSE: DE) reported net income of $2.098 billion for the second quarter ended May 1, 2022, or $6.81 per share, compared with net income of $1.790 billion, or $5.68 per share, for the quarter ended May 2, 2021. For the first six months of the year, net income attributable to Deere & Company was $3.001 billion, or $9.72 per share, compared with $3.013 billion, or $9.55 per share, for the same period last year.
Net sales and revenues increased 11 percent, to $13.370 billion, for the second quarter of 2022 and rose 8 percent, to $22.939 billion, for six months. Net sales were $12.034 billion for the quarter and $20.565 billion for six months, compared with $10.998 billion and $19.049 billion last year.
"Deere's second-quarter performance reflected a continuation of strong demand even as we face supply-chain pressures affecting production levels and delivery schedules," said John C. May, chairman and chief executive officer. "Deere employees, suppliers, and dealers are working hard to address these challenges. We are proud of their extraordinary efforts to get products to our customers as soon as possible under the challenging circumstances."
Company Outlook & Summary
Net income attributable to Deere & Company for fiscal 2022 is forecast to be in a range of $7.0 billion to $7.4 billion, which includes a net $220 million gain from special items in the second quarter of 2022. For further details on special items, see Note 1 of the press release financial statements.
"Looking ahead, we believe demand for farm equipment will continue benefiting from positive fundamentals in spite of availability concerns and inflationary pressures affecting our customers' input costs," May said. "The company's smart industrial strategy and recently announced Leap Ambitions are focused on helping customers manage higher costs and increasingly scarce inputs, while improving their yields, through the use of our integrated technologies."
Results for the second quarter of 2022 and year-to-date periods of 2022 and 2021 were impacted by special items. For further details, see Note 1 of the press release financial statements.
Production and precision agriculture sales increased for the quarter due to price realization and higher shipment volumes. Operating profit rose primarily due to price realization and higher shipment volumes / sales mix. These items were partially offset by higher production costs, higher research and development and selling, administrative, and general expenses, and impairments related to events in Russia / Ukraine.
Small agriculture and turf sales for the quarter increased due to price realization partially offset by the unfavorable impact of currency translation. Operating profit decreased primarily due to higher production costs, a less-favorable sales mix, and higher selling, administrative, and general and research and development expenses. These items were partially offset by price realization.
Construction and forestry sales moved higher for the quarter primarily due to price realization and higher shipment volumes, partially offset by the unfavorable impact of currency translation. Operating profit increased due to a non-cash gain on the remeasurement of the previously held equity investment in the Deere-Hitachi joint venture and price realization. These items were partially offset by higher production costs, impairments related to the events in Russia / Ukraine, and a less-favorable product mix.
The decrease in financial services net income for the quarter was mainly due to higher reserves for credit losses related to the events in Russia / Ukraine, partially offset by income earned on a higher average portfolio. The prior year also benefited from a favorable adjustment to the provision for credit losses.
Financial Services. Full-year 2022 results are expected to be slightly lower than fiscal 2021 due to a higher provision for credit losses and higher selling, administrative, and general expenses. These factors are expected to be partially offset by income earned on a higher average portfolio.
John Deere Capital Corporation
The following is disclosed on behalf of the company's financial services subsidiary, John Deere Capital Corporation (JDCC), in connection with the disclosure requirements applicable to its periodic issuance of debt securities in the public market.
Results in the quarter decreased due to a higher provision for credit losses and less-favorable financing spreads, partially offset by income earned on a higher average portfolio. For the year-to-date period, net income rose mainly due to income earned on a higher average portfolio and improvement on operating-lease residual values, partially offset by a higher provision for credit losses and less-favorable financing spreads. The prior year also benefited from a favorable adjustment to the provision for credit losses.
FORWARD-LOOKING STATEMENTS
Certain statements contained herein, including in the sections entitled "Company Outlook & Summary," "Industry Outlook," and "Deere Segment Outlook," relating to future events, expectations, and trends constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 and involve factors that are subject to change, assumptions, risks, and uncertainties that could cause actual results to differ materially. Some of these risks and uncertainties could affect all lines of the company's operations, generally, while others could more heavily affect a particular line of business.
Forward-looking statements are based on currently available information and current assumptions, expectations, and projections about future events. Except as required by law, the company undertakes no obligation to update or revise its forward-looking statements. Further information concerning the company and its businesses, including factors that could materially affect the company's financial results, is included in the company's other filings with the SEC (including, but not limited to, the factors discussed in Item 1A. "Risk Factors" of the company's most recent Annual Report on Form 10-K and the company's subsequent Quarterly Reports on Form 10-Q).
Factors Affecting All Lines of Business
All of the company's businesses and their results are affected by general economic conditions in the global markets and industries in which the company operates; customer confidence in general economic conditions; government spending and taxing; foreign currency exchange rates and their volatility, especially fluctuations in the value of the U.S. dollar; changing interest rates; inflation and deflation rates; changes in weather and climate patterns; the political and social stability of the global markets in which the company operates; the effects of, or response to, terrorism and security threats; wars and other conflicts, including the current military conflict between Russia and Ukraine; natural disasters; and the spread of major epidemics or pandemics (including the COVID-19 pandemic).
Significant changes in market liquidity conditions, changes in the company's credit ratings, and any failure to comply with financial covenants in credit agreements could impact access to funding and funding costs, which could reduce the company's earnings and cash flows. Financial market conditions could also negatively impact customer access to capital for purchases of the company's products and purchase decisions, financing and repayment practices, and the number and size of customer delinquencies and defaults. A debt crisis in Europe, Latin America, or elsewhere could negatively impact currencies, global financial markets, funding sources and costs, asset and obligation values, customers, suppliers, and demand for equipment. The company's investment management activities could be impaired by changes in the equity, bond, and other financial markets, which would negatively affect earnings.
Additional factors that could materially affect the company's operations, access to capital, expenses, and results include changes in, uncertainty surrounding, and the impact of governmental trade, banking, monetary, and fiscal policies, including financial regulatory reform and its effects on the consumer finance industry, derivatives, funding costs, governmental programs, policies, and tariffs for the benefit of certain industries or sectors; retaliatory actions to such changes in trade, banking, monetary, and fiscal policies; actions by central banks; actions by financial and securities regulators; actions by environmental, health, and safety regulatory agencies, including those related to engine emissions, carbon and other greenhouse gas emissions, and the effects of climate change; changes to GPS radio frequency bands or their permitted uses; changes in labor and immigration regulations; changes to accounting standards; changes in tax rates, estimates, laws, and regulations and company actions related thereto; changes to and compliance with privacy, banking, and other regulations; changes to and compliance with economic sanctions and export controls laws and regulations; and compliance with U.S. and foreign laws when expanding to new markets and otherwise.
Other factors that could materially affect the company's results and operations include security breaches, cybersecurity attacks, technology failures, and other disruptions to the information technology infrastructure of the company and its suppliers and dealers; security breaches with respect to the company's products; production, design, and technological innovations and difficulties, including capacity and supply constraints and prices; the loss of or challenges to intellectual property rights, whether through theft, infringement, counterfeiting, or otherwise; the availability and prices of strategically sourced materials, components, and whole goods; delays or disruptions in the company's supply chain, including work stoppages or disputes by suppliers with their unionized labor; the failure of customers, dealers, suppliers, or the company to comply with laws, regulations, and company policy pertaining to employment, human rights, health, safety, the environment, sanctions, export controls, anti-corruption, privacy and data protection, and other ethical business practices; introduction of legislation that could affect the company's business model and intellectual property, such as right to repair or right to modify; events that damage the company's reputation or brand; significant investigations, claims, lawsuits, or other legal proceedings; start-up of new plants and products; the success of new product initiatives or business strategies; changes in customer product preferences and sales mix; gaps or limitations in rural broadband coverage, capacity, and speed needed to support technology solutions; oil and energy prices, supplies, and volatility; the availability and cost of freight; actions of competitors in the various industries in which the company competes, particularly price discounting; dealer practices, especially as to levels of new and used field inventories; changes in demand and pricing for used equipment and resulting impacts on lease residual values; labor relations and contracts, including work stoppages and other disruptions; changes in the ability to attract, develop, engage, and retain qualified personnel; acquisitions and divestitures of businesses; greater-than-anticipated transaction costs; the integration of acquired businesses; the failure or delay in closing or realizing anticipated benefits of acquisitions, joint ventures, or divestitures; the inability to deliver precision technology and agricultural solutions to customers; and the failure to realize anticipated savings or benefits of cost reduction, productivity, or efficiency efforts.
COVID-19
Uncertainties related to the continued effects of the COVID-19 pandemic have adversely affected and may continue to affect the company's business and outlook. These uncertainties include, among other things: the duration and impact of any resurgence in COVID-19; disruptions in the supply chain, including those caused by industry capacity constraints, material availability, and global logistics delays and constraints arising from, among other things, the transportation capacity of ocean shipping containers, and continued disruptions in the operations of one or more key suppliers, or the failure of any key suppliers; an increasingly competitive labor market due to a sustained labor shortage or increased turnover caused by the COVID-19 pandemic; the sustainability of the economic recovery from the pandemic remains unclear and significant volatility could continue for a prolonged period.
Agricultural Equipment Operations
The company's agricultural equipment operations are subject to a number of uncertainties, including certain factors that affect farmers' confidence and financial condition. These factors include demand for agricultural products; world grain stocks; soil conditions; harvest yields; prices for commodities and livestock; crop and livestock production expenses; availability of fertilizer; availability of transport for crops; trade restrictions and tariffs; global trade agreements; the level of farm product exports; the growth and sustainability of non-food uses for some crops (including ethanol and biodiesel production); real estate values; available acreage for farming; changes in government farm programs and policies; international reaction to such programs; changes in and effects of crop insurance programs; changes in environmental regulations and their impact on farming practices; animal diseases and their effects on poultry, beef, and pork consumption and prices on livestock feed demand; and crop pests and diseases.
Production and Precision Agriculture Operations
The production and precision agriculture operations rely in part on hardware and software, guidance, connectivity and digital solutions, and automation and machine intelligence. Many factors contribute to the company's precision agriculture sales and results, including the impact to customers' profitability and/or sustainability outcomes; the rate of adoption and use by customers; availability of technological innovations; speed of research and development; effectiveness of partnerships with third parties; and the dealer channel's ability to support and service precision technology solutions.
Small Agriculture and Turf Equipment
Factors affecting the company's small agriculture and turf equipment operations include customer profitability; labor supply; consumer borrowing patterns; consumer purchasing preferences; housing starts and supply; infrastructure investment; spending by municipalities and golf courses; and consumable input costs.
Construction and Forestry
Factors affecting the company's construction and forestry equipment operations include consumer spending patterns; real estate and housing prices; the number of housing starts; interest rates; commodity prices such as oil and gas; the levels of public and non-residential construction; and investment in infrastructure. Prices for pulp, paper, lumber, and structural panels affect sales of forestry equipment.
John Deere Financial
The liquidity and ongoing profitability of John Deere Capital Corporation and the company's other financial services subsidiaries depend on timely access to capital in order to meet future cash flow requirements, and to fund operations, costs, and purchases of the company's products. If general economic conditions deteriorate or capital markets become more volatile, funding could be unavailable or insufficient. Additionally, customer confidence levels may result in declines in credit applications and increases in delinquencies and default rates, which could materially impact write-offs and provisions for credit losses.
DEERE & COMPANY OTHER FINANCIAL INFORMATION
The company evaluates its business results on the basis of accounting principles generally accepted in the United States. In addition, it uses a metric referred to as Shareholder Value Added (SVA), which management believes is an appropriate measure for the performance of its businesses. SVA is, in effect, the pretax profit left over after subtracting the cost of enterprise capital. The company is aiming for a sustained creation of SVA and is using this metric for various performance goals. Certain compensation is also determined on the basis of performance using this measure. For purposes of determining SVA, each of the equipment segments is assessed a pretax cost of assets, which on an annual basis is approximately 12 percent of the segment's average identifiable operating assets during the applicable period with inventory at standard cost. Management believes that valuing inventories at standard cost more closely approximates the current cost of inventory and the company's investment in the asset. The Financial Services segment is assessed an annual pretax cost of approximately 13 percent of the segment's average equity. The cost of assets or equity, as applicable, is deducted from the operating profit or added to the operating loss of each segment to determine the amount of SVA.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/20/deere-reports-second-quarter-net-income-2098-billion/ | 2022-05-20T11:15:21Z |
Wind and solar projects helping drive the company toward its 20 By 30 Challenge renewable energy goal
AUSTIN, Minn., April 21, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company well known for its corporate citizenship, is pleased to announce that it anticipates matching 100% of its domestic energy use with renewable sourcing by the end of 2022. The renewable energy achievement is part of the company's 20 By 30 Challenge, a set of 20 aggressive environmental and social responsibility goals Hormel Foods is striving to reach by 2030. Through the 20 By 30 Challenge, Hormel Foods is aiming to match 100% of its global energy use with renewable sourcing. The company's 20 By 30 Challenge ambitions help support the UN Sustainable Development Goals and advance the company's strong environmental, social and governance (ESG) leadership.
"We are inspired to do our part to make the world a better place," said Mark Coffey, group vice president of supply chain for Hormel Foods. "This achievement demonstrates our commitment to environmental stewardship including rethinking how we source the energy we need."
In 2021, the company celebrated the launch of large-scale renewable energy projects, including:
- Western Trails wind project located in northern Texas;
- Caddo wind site in southern Oklahoma; and
- Haystack wind project located in eastern Nebraska.
In addition, the company completed its newest solar energy project at its Jennie-O Turkey Store plant in Montevideo, Minn. The 1.75-megawatt project, which hosts a community solar array, will provide approximately 10% of the plant's energy needs.
"The U.S. Environmental Protection Agency applauds Hormel Foods for its leadership position in the green power marketplace," said James Critchfield, program manager of EPA's Green Power Partnership. "Hormel Foods is an excellent example for other organizations in reducing greenhouse gas emissions through green power investment and use."
Hormel Foods has been named one of America's Most Trustworthy Companies and one of America's Most Responsible Companies by Newsweek. The company has also been recognized as one of the World's Top Female-Friendly Companies by Forbes and has received several Impact Awards from Progressive Grocer for its educational support and food security programs.
The company's 20 By 30 Challenge goals follow its previous set of sustainability goals that Hormel Foods focused on as it achieved significant reductions in its packaging, nonrenewable energy use, greenhouse gas emissions, water use and solid waste sent to landfills.
More information about the company's efforts can be found at https://csr.hormelfoods.com/ and https://www.hormelfoods.com/responsibility/.
ABOUT HORMEL FOODS – INSPIRED PEOPLE. INSPIRED FOOD.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenues across 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Columbus®, WHOLLY®, Hormel® Black Label®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's "The 100 Best Corporate Citizens" list for 12 years, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking" information within the meaning of the federal securities laws. The "forward-looking" information may include statements concerning the Company's outlook for the future as well as other statements of beliefs, future plans, strategies, or anticipated events and similar expressions concerning matters that are not historical facts. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results and those anticipated or projected, which factors include, but are not limited to, risks related to the deterioration of economic conditions; risks associated with acquisitions and divestitures; potential disruption of operations at co-manufacturers, suppliers, logistics providers, customers, or other third-party service providers; risk of loss of a material contract; the Company's inability to protect information technology systems against, or effectively respond to, cyber attacks or security breaches; deterioration of labor relations, labor availability or increases to labor costs; general risks of the food industry, fluctuations in commodity prices and availability of raw materials and other inputs; fluctuations in market demand for the Company's products; risks of litigation; potential sanctions and compliance costs arising from government regulation; compliance with stringent environmental regulation and potential environmental litigation; and risks arising from the Company's foreign operations. Please refer to the cautionary statements regarding "Risk Factors" and "Forward-Looking Statements" that appear in our most recent Annual Report on Form 10-K and Quarterly reports on Form 10-Q, which can be accessed at hormelfoods.com in the "Investors" section, for additional information. In making these statements, the Company is not undertaking, and specifically declines to undertake, any obligation to address or update each or any factor in future filings or communications regarding the Company's business or results. Though the Company has attempted to list comprehensively these important cautionary risk factors, the Company wishes to caution investors and others that other factors may in the future prove to be important in affecting the Company's business or results. The Company cautions readers not to place undue reliance on forward-looking statements, which represent current views as of the date made.
Contact: Dean Peters
507-434-6352
media@hormel.com
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SOURCE Hormel Foods Corporation | https://www.wibw.com/prnewswire/2022/04/21/hormel-foods-track-match-100-domestic-energy-use-with-renewable-sourcing-by-end-2022/ | 2022-04-21T17:30:46Z |
Understanding supply chain operations promotes patient safety and pharmacy efficiency
WASHINGTON, July 19, 2022 /PRNewswire/ -- As part of its mission to ensure pharmacy technicians meet the evolving challenges in medication safety, the Pharmacy Technician Certification Board (PTCB) launched a new Supply Chain and Inventory Management Certificate today. This advanced credential assesses pharmacy technicians' knowledge of laws and regulations, administrative processes, inventory management, documentation requirements, and key players in the supply chain.
"Medications go through a lot of steps before they even get to the patient," said PTCB Executive Director and CEO William Schimmel. "Pharmacy technicians are integral to this process, and we want to make sure they have the tools and best practices they need to shepherd medications safely to their patients."
Pharmacy technicians play an increasingly vital part in patient care teams, and fluency in supply chain and inventory management can help keep the focus on safety at every step - from the manufacturing lab to the medicine cabinet. By earning this certificate, technicians can demonstrate their understanding of supply chain and inventory management regulations, processes, and responsibilities and better adapt to changing guidelines.
"Keeping track of processes and inventory is precise work, making supply chain management one of the biggest challenges in pharmacy and healthcare today," said Heidi McKinnon, PharmD, RPh, Sr. Program Manager of Supply Chain Quality and Compliance at Amazon. "PTCB's new credential can help technicians operate more safely, accurately, and efficiently."
As the nation's first and only nonprofit pharmacy technician credentialing organization, PTCB sets the unified standard for delivering medication safety and patient care in all practice settings. PTCB's commitment to best practices in patient care, transparency, and advancing career opportunities for pharmacy technicians has made its programs the most widely accepted credentials across the country.
For more information, please visit PTCB.org.
About PTCB
The Pharmacy Technician Certification Board (PTCB) is the nation's first, most trusted, and only nonprofit pharmacy technician credentialing organization. Founded on the guiding principle that pharmacy technicians play a critical role in advancing medication and patient safety, PTCB has established the universal standard of excellence for those supporting patient care teams through offering the industry's most-recognized credentials, including the PTCB certification for Certified Pharmacy Technicians (CPhT).
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SOURCE Pharmacy Technician Certification Board (PTCB) | https://www.kxii.com/prnewswire/2022/07/19/pharmacy-technician-certification-board-ptcb-launches-supply-chain-inventory-management-certificate/ | 2022-07-19T15:18:18Z |
CARLSBAD, Calif., Sept. 8, 2022 /PRNewswire/ -- Emerge Diagnostics Inc. has been issued an international patent using the EFA: Method for Determining if Surgically-Implanted Hardware Should be Removed.
The patent adds to Emerge's deep intellectual property portfolio and is focused on addressing the use of their EFA technology at the site of hardware implementation to ascertain if surgical removal is necessary. The patent was co-authored by Phil Reaston, CTO, Co-Founder Emerge Diagnostics, MaryRose Cusimano-Reaston, Ph.D. CSO, COO, Co-Founder Emerged Diagnostics, Frank Tomecek, MD, Associate Medical Director, Emerge Diagnostics.
The company's technology allows surgeons to more objectively determine if spinal hardware needs to be removed, reducing the number of second surgeries and improving patient outcomes. "This is an important milestone for Emerge Diagnostics," said Co-Founder, COO Dr. Cusimano-Reaston "We're committed to bringing our patients the best possible care, and this technology will help us do just that."
This patent can revolutionize how we treat patients with surgically implanted hardware, by providing objective information that can help surgeons determine if implants are still needed or if they can be safely removed. The technology has the potential to change the standard of care for these patients, and reflects our commitment to better outcomes for all.
Today's announcement is a compliment to Emerge's portfolio of health solutions offering 360° care to employees, and their family members. Emerge Wellness solutions include preventative care for employees and their families and a now a first of its kind patent for determining if surgically-implanted hardware should be removed.
Musculoskeletal conditions are the leading healthcare cost for employees, their family members, health plans and employers. The system is over prescribing painkillers and elective surgeries, while failing to provide preventative care or non-surgical solutions. Reducing waste and improving outcomes is important for everyone.
Emerge Diagnostics, a medical solutions company committed to keeping workers and their families safe—both on the job and off—by preventing injury and orchestrating recovery.
The company's Electrodiagnostic Functional Assessment (EFA) technology is the gold standard for soft-tissue injury diagnosis and treatment, using a host of proprietary technologies to assess root causes—and from virtually anywhere in the world. Emerge Diagnostics serves clients in several industries, including trucking, healthcare and sports, providing the information necessary to treat soft-tissue injuries more accurately and build care management and monitoring programs rooted in objective data: www.emergedx.com.
If you have any questions or would like more information, please contact us at mreaston@emergedx.com.
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SOURCE Emerge Diagnostics | https://www.mysuncoast.com/prnewswire/2022/09/08/emerge-diagnostics-receives-international-patent-hardware-removal-surgery-technology/ | 2022-09-08T12:11:18Z |
Rose Mary Jane Announces Additional Customer Celebration on Saturday, May 21 from 1 to 4pm
OAKLAND, Calif., May 19, 2022 /PRNewswire/ -- Rose Mary Jane, a unique cannabis retailer whose experience, selection, and advocacy leadership is shaped by its mission to promote fairness, justice and equity, celebrated the store's grand opening with a media ceremony and cannabis equity awareness event. This is Rose Mary Jane's first West Coast retail store serving adult-use and medical consumers located in the vibrant Lake Merritt neighborhood at 2340 Harrison Street in Oakland, across the street from the Whole Foods Market.
Today's grand opening event included remarks by Rose Mary Jane's President and Bay Area cannabis industry veteran, Nayir Felix, and Rose Mary Jane's Owner & Partner Cynthia Carey-Grant, a longtime Oakland community healthcare and wellness advocate. In addition, Evelyn LaChapelle (featured in this video https://tinyurl.com/bdftj8aw) who manages Rose Mary Jane's community engagement work, also spoke at the event. Rose Mary Jane invited several community partners and city leaders to attend the occasion as well.
Rose Mary Jane also announced it will launch its monthly Equity Awareness Event series, highlighting the array of Oakland-equity owned products carried at Rose Mary Jane. The purpose of the series is to expose the Oakland community and Rose Mary Jane's customers to the quality products offered by Oakland's equity-owned brands. Over 30% of the brands Rose Mary Jane carries are equity-owned cultivators and manufacturers, with 26% of those being from Oakland. Some of the participating featured brands will be; Sweetwater, Conscious Mindz, Smoke Champs, World Peace, White Rabbit, New Life, Dolo and Happy Trails.
"Rose Mary Jane is the Bay Area's newest cannabis evolution in America's first cannabis market," said Cynthia Carey-Grant, Rose Mary Jane's Owner & Partner. "At Rose Mary Jane, we believe the cannabis industry is a force for good when equity, inclusion, and social justice are prioritized, and that's why we believe Oakland is the ideal destination to serve as our first West Coast retail location.
Rose Mary Jane will follow up today with a grand opening customer celebration this Saturday, May 21 from 1pm to 4pm complete with food, music, and entertainment. Over the course of the entire weekend, Rose Mary Jane will have brand pop ups and specials to offer customers as well.
"Rose Mary Jane Lake Merritt is designed to mirror the vibrancy, diversity, and excitement of Oakland's Lake Merritt neighborhood," said Nayir Felix, Rose Mary Jane's President. "We've created an uplifting customer experience and will provide a welcoming and inclusive cannabis shopping environment. All Rose Mary Jane customers will enjoy a community-centric gathering spot, and a unique space to explore, shop, relax, and enjoy."
In the spirit of supporting social justice and record expungement causes, Rose Mary Jane continues to support Last Prisoner Project https://www.lastprisonerproject.org, a non-profit organization dedicated to cannabis criminal justice reform. In addition, Rose Mary Jane will partner with WORLD, Women Organized to Respond to Life-threatening Disease http://www.womenhiv.org, a respected women's health advocacy group founded in 1991 which addresses HIV issues for women based in Oakland, CA.
About Rose Mary Jane
Rose Mary Jane, a cannabis dispensary whose experience, selection, and advocacy leadership is shaped by its mission to promote fairness, justice, and equity, opened its first East Coast retail location in September of 2021 in Portland, ME. Rose Mary Jane's first West Coast retail location is at 2340 Harrison Street in Oakland, CA. For more information on Rose Mary Jane, please visit 2340 Harrison Street in Oakland, CA or visit online at https://www.rosemaryjane.com, or Instagram (https://www.instagram.com/rmjlakemerritt/. Rose Mary Jane's Oakland store has plans to add a cannabis beverage bar and an outdoor consumption garden. They are open daily from 9:30AM to 9:00PM.
Contact: Bill Ebben, 508-922-1974 bill@ebbengroup.com
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SOURCE Rose Mary Jane | https://www.mysuncoast.com/prnewswire/2022/05/19/rose-mary-jane-oaklands-newest-cannabis-retailer-advocate-cannabis-justice-equity-celebrates-grand-opening-today-with-media-equity-awareness-event/ | 2022-05-19T23:03:32Z |
DALLAS (KDAF) — “We all want to get home safe.”
That is the message officials from The Texas Department of Transportation are hoping drivers remember when traveling through construction zones this National Work Zone Awareness Week.
“This National Work Zone Awareness Week (April 11–15) let’s slow down, put the phone away, and watch out for road crews. Remember, they want to get home safe, too,” officials said in a Tweet.
According to TxDOT, 244 people were killed in traffic crashes in Texas work zones in 2021. To prevent future traffic-related fatalities, officials say its important to watch out for road crews. | https://cw33.com/news/local/txdot-urging-drivers-to-slow-down-for-national-work-zone-awareness-week/ | 2022-04-11T23:38:29Z |
Denver, Kansas City and Sound Transit among the many to unlock the power of Passport's mobility platform
CHARLOTTE, N.C., June 23, 2022 /PRNewswire/ -- Passport, a transportation software and payments company, continues to expand its product offering to new and existing clients during the first half of 2022. Denver, Colo., Sound Transit, Wash. and Thunder Bay, Ontario are newly added to the Company's client roster.
The Charlotte-based Company provides all customers with a powerful platform that not only assimilates and aggregates all of a city's parking, enforcement and digital permitting data into one central location, but also integrates additional data insights with embedded payments capabilities. Customers are able to manage a broad array of mobility management complexities in one place to make smart, data driven decisions that improve their overall operations at the curb.
CEO David Evans explains that everything Passport does is in support of creating more livable and equitable communities. "We are dedicated to providing our clients with the data and insights they need to make their streets safer and their curbs easier to manage," says Evans.
First half wins include the Nebraska Innovation Campus (NIC), located in Lincoln, Neb. The NIC selected Passport to manage their complete parking operations and has launched mobile pay parking, enforcement, digital permitting and payments. The parking manager for NIC can now access insights and data via Passport's platform and provide a better user experience for its parkers as well as drive higher parking compliance rates.
Another client, Kansas City, Mo., is partnering with Passport on a brand refresh to their mobile pay application, PARK KC, as a means to continue to drive adoption and provide a frictionless parking experience throughout the City.
"Because of our partnership with Passport, we continue to bring innovative technology to our streets," says Kansas City Parking Division Manager, Matthew Muckenthaler. "The data and insights we are able to get from Passport's platform allows us to make more informed decisions at the curb so we can operate more efficiently and optimize the user experience."
Passport's platform is helping more than 800 municipalities, universities and private operators streamline their parking operations and use mobility data to increase revenue, decrease costs and provide better user experiences. The company has processed more than $2B in mobility payments and counting. To learn more about how Passport is transforming parking and mobility management, visit the company website.
Passport is a transportation software and payments company that builds technology to more efficiently manage streets and sidewalks. Based in Charlotte, N.C., Passport is trusted by more than 800 cities, universities and agencies, including Chicago, Toronto, Los Angeles and Miami. Passport's digital platform helps cities manage parking and mobility infrastructure, creating more livable, equitable communities. One of the fastest-growing companies on the Inc. 5000 and Deloitte Technology Fast 500 lists, Passport was also named to Fast Company's World's Most Innovative Companies for 2020.
Media Contact:
Allison Guthrie
passport@greenbrier.partners
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SOURCE Passport | https://www.mysuncoast.com/prnewswire/2022/06/23/passport-expands-client-base-north-america/ | 2022-06-23T14:35:01Z |
COLUMBUS, Ohio, May 17, 2022 /PRNewswire/ -- Award-winning filmmaker Parker Brennon and Rainbow Swan, LLC, a film production company led by Brennon as Managing Creative and Rob Jarosinski as Managing Member, announced their partnership to make the horror anthology film, Hauntology. The film comes from an original script written by Brennon, and will feature a collection of supernatural tales with many elements of queer identity.
Hauntology has a target completion date of August 2023, which will then be followed by a 2024 festival run. The film will feature a variety of notable and historic locations in Ohio, along with a blend of local and national talent, some of whom are considered legends of the horror genre.
"We're so excited for Parker to bring their dark, atmospheric style to this project about finding identity through horror storytelling," said Rainbow Swan, LLC managing member Rob Jarosinski. "Everyone from hardened horror cinephiles to casual moviegoers will find something to love about Hauntology."
Hauntology follows an older sister who takes her fearless runaway sibling on a road trip, to share the most chilling tales surrounding their hometown. Each place they visit has its own ghost story and queer perspecitve.
"The queer community loves horror stories, but I've always been surprised by how few films are made with us in mind. As I wrote Hauntology, I included a variety of LGBT+ characters who have stories beyond "coming out" or suicide. We're more than those tropes." - Parker Brennon
To help raise additional funds, a Kickstarter campaign for the project is planned to launch on June 1, 2022 in alignment with the start of Pride month.
Casting is underway and production is set to commence in August 2022.
ABOUT RAINBOW SWAN, LLC
Rainbow Swan, LLC is an Ohio based film production company dedicated to bringing Hauntology to life. To learn more about Hauntology, https://hauntologymovie.com.
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SOURCE Rainbow Swan, LLC | https://www.mysuncoast.com/prnewswire/2022/05/17/parker-brennon-team-launch-rainbow-swan-produce-horror-anthology-film-hauntology/ | 2022-05-17T17:41:05Z |
BOSTON (AP) — The players dream of it. The fans look forward to it.
Game 7.
And on Saturday, there will be three of them.
The NHL is wrapping up the first round of the playoffs with a rare treat: back-to-back-to-back seventh games that will go a long way toward shaping the conference semifinals.
The Carolina Hurricanes will host Boston in a matinee, followed by the two-time defending champion Lightning at Toronto and the Kings in Edmonton. It’s the first Game 7 tripleheader since 2014.
“It’s going to be juicy,” Oilers forward Evander Kane said after scoring twice in a 4-2 win that forced Game 7 against the Kings.
There could be more Game 7s on Sunday, with three other series at 3-2 heading into Friday night. The most Game 7s ever in a single round was six in 1992.
“It’s what’s at stake, is the biggest thing. Everything’s on the line,” Bruins captain Patrice Bergeron said Friday. “It brings back memories of why you play the game.”
BRUINS AT HURRICANES, series tied 3-3 (4:30 p.m. EDT, ESPN)
The Bruins and Hurricanes are loaded with Game 7 experience — everyplace but in goal.
Boston rookie Jeremy Swayman is expected to be back in net on Saturday. He made his first career postseason start in Game 3, after Linus Ullmark gave up eight goals in the first two games.
“It’s a dream come true. I can’t wait,” the 23-year-old Alaska native said. “It’s no bigger or smaller than any game I’ve played before. I want to make sure I’m coming with that mentality. We want to win. We’re going to do everything we can and I can’t wait to get on the ice.”
Carolina’s Antti Raanta had never started a postseason game before this year.
Elsewhere, experience abounds.
Ten players remain from the Boston roster that beat Toronto in seven games in the first round of the 2019 playoffs (and lost in seven to the St. Louis Blues in the Stanley Cup Final that year). A victory would be the franchise’s 16th Game 7 win — an NHL record the team currently shares with Montreal.
“I’ve played in a lot of them,” said Bergeron, who is 6-7 in winner-take-all games in his career. “The ones that sting the most are the not-so-good ones. … You try to see the glass half full and reminisce on the good ones, but it makes you hungrier when you think about the other ones as well.”
For Carolina, it would be a sixth straight victory in a seventh game.
Raanta, who arrived this year as part of the Hurricanes’ overhaul of the goaltender position, has played well in the lead role with No. 1 goaltender Frederik Andersen sidelined by a lower-body injury since mid-April. Raanta has started five games, leaving one early due to injury, and won two with a 2.46 goals-against average and .926 save percentage.
“I think I’ve found a good consistent level,” Raanta said Friday.
Carolina won the first two games before Boston leveled the series. Carolina won Game 5 to retake momentum but was unable to eliminate the Bruins on Thursday night.
“Everyone’s bitter and mad and frustrated,” Carolina coach Rod Brind’Amour said. “That was not the kind of game we expected to play. Come tomorrow it’s all old news and it’s what’s in front of you that matters.”
The series is the second in playoff history in which the home team won each of the first six games by multiple goals, according to ESPN Stats & Info. The other was the 1955 Cup finals, with Detroit beating Montreal by two goals at home in Game 7.
LIGHTNING at MAPLE LEAFS, series tied 3-3 (7 p.m. EDT, TNT)
The Lightning won 4-3 in overtime in Game 6 to keep their hopes of a three-peat alive, but it’s another streak on the minds of the Maple Leafs as they host their winner-take-all series finale.
Toronto has lost nine straight potential clinchers, including Thursday night against Tampa Bay and three in a row after taking a 3-1 series lead against Montreal last year.
“We had plenty of opportunities to finish the game and finish the series,” Toronto coach Sheldon Keefe said. “It didn’t go our way, but (there’s) lots of belief in our group, and we’re excited to play Game 7 on home ice in front of our fans.”
The Original Six franchise, which is going on 55 years since it last put its name on the Stanley Cup, hasn’t won a playoff series since 2004. Included in that span are some colossal collapses, including a 2013 Game 7 loss to Boston in which the Leafs blew a 4-1 lead with 11 minutes left in regulation.
Center John Tavares tried to maintain a positive outlook.
“We worked hard all year to earn home ice, and we’ve got a great opportunity going home in front of our fans to try to close this thing out,” he said. “Look forward to the opportunity. It’s what the game’s all about.”
The Lightning are trying to become the first team to capture three consecutive Stanley Cup titles since the New York Islanders won four in a row from 1980-83. That quest could end early.
“It all comes down to one game,” Lightning center Anthony Cirelli said. “Those are fun ones to play in.”
KINGS at OILERS, series tied 2-2 (10 p.m. EDT, ESPN)
Kane kicked off the Game 7 hype by holding up seven fingers after his empty-net clincher on Thursday night. But he also could have been referring to his seven playoff goals this year, tied with Minnesota’s Kirill Kaprizov and Pittsburgh’s Jake Guentzel for the league lead.
“I didn’t even realize that,” he said with a laugh.
Kane is the seventh Edmonton player to score at least seven times in a series and the first since Esa Tikkanen in 1991. He trails only Jari Kurri and Mark Messier for the most in a series in franchise history.
The Oilers are 6-4 in Game 7s, including 3-1 at home. The Kings are 7-4, with a 5-3 mark on the road.
“The older guys haven’t been there in a few years, and we have a few guys that haven’t experienced this at all,” Kings forward Anze Kopitar said. “But if you told us that we’ve got to win one game to advance, we’d certainly take the opportunity. So it’s not all that bad.”
___
AP Sports Writers Joe Reedy and Aaron Beard contributed to this story.
___
More AP NHL: https://apnews.com/hub/nhl and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/three-7s-nhl-has-game-7-tripleheader-on-tap-for-saturday/ | 2022-05-14T17:44:38Z |
Asurion® Repair Experts Provide Fast Fixes on Phones, Tablets, Laptops, and More
EASTON, Md., May 24, 2022 /PRNewswire/ -- A new electronics repair shop, Asurion Tech Repair & Solutions™, has opened in Easton at 220 Marlboro Ave. The store offers professional fixes for most consumer electronics, from smartphones, tablets, and computers to game consoles, smart speakers, drones, and more. The store will host a grand opening celebration on June 4 from 12 p.m. to 2 p.m., featuring discounts, giveaways, refreshments, and more.
While common repairs include cracked screens, battery issues, and water damage, the company's repair experts have fixed millions of devices and can help with most any tech mishap, and many basic repairs can be completed in two hours or less.
"There's no technology repair that is too difficult for our team to handle," said Elke Johns, Asurion Tech Repair & Solutions District Manager. "At Asurion Tech Repair & Solutions, we understand your devices are tools to engage with others, which is why we take the work we do seriously. We're here to serve our community for all electronics repair needs."
The store's expert repair technicians fix all kinds of technology, regardless of make or model, and the store is an authorized repair provider for Samsung Galaxy and Google Pixel smartphones. Customers can book a repair appointment online or stop by the store for walk-in service. The store offers free, no-obligation diagnostics on all gadgets, as well as a 1-year limited warranty on all repairs. It even offers a price match guarantee on any local competitor's regularly published price for the same repair.
The new Asurion Tech Repair & Solutions store brings the company's retail footprint to more than 800 locations across the U.S. Formerly known as uBreakiFix®, all U.S. locations will rebrand as Asurion Tech Repair & Solutions throughout 2022.
"We are excited to serve people in Easton with fast and affordable tech repair," said Dave Barbuto, CEO of Asurion Tech Repair & Solutions. "We all rely on our phones and laptops more than ever before, and our mission is bigger than repairing shattered screens and broken charge ports. We fix tech because people depend on it to stay connected to things that are important to them. I look forward to serving this community through our new location."
The new store is located at:
Asurion Tech Repair & Solutions
220 Marlboro Ave Suite B, Easton, MD 21601
(443) 258-6043
About Asurion Tech Repair & Solutions™
Asurion Tech Repair & Solutions™, formerly known as uBreakiFix®, is the retail brand operated and franchised by a subsidiary of tech care company Asurion®. As the world's leading tech care company, Asurion eliminates the fears and frustrations associated with technology to ensure its 300 million customers get the most out of their devices, appliances, and connections. Asurion Tech Repair & Solutions stores specialize in the repair of consumer technology, including smartphones, game consoles, tablets, computers, and nearly everything in between. Asurion Tech Repair and Solutions repair experts fix cracked screens, software issues, camera issues, and most other tech mishaps at more than 700 stores across the U.S. The stores provide fast, affordable fixes for nearly any device type, regardless of make or model, including authorized repairs for Google Pixel and Samsung Galaxy smartphones.
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SOURCE Asurion Tech Repair & Solutions | https://www.mysuncoast.com/prnewswire/2022/05/24/asurion-tech-repair-amp-solutions-opens-easton/ | 2022-05-24T20:17:22Z |
NEW YORK, June 14, 2022 /PRNewswire/ -- Stroock & Stroock & Lavan is proud to congratulate Freepoint on the successful closing of a $2.63 billion revolving bank facility, further strengthening the company's financial position.
With this closing, Freepoint expanded the list of assets it could borrow against by adding several types of emissions credits, including those traded in the US as well as those traded in certain European markets.
A team of Stroock attorneys led by Partners Marvin J. Goldstein and Christopher J. Doyle along with Of Counsel Richard L. Fried advised Freepoint throughout the negotiation of the deal.
Goldstein, Doyle and Fried's team was comprised of Associates Katherine Nuñez and Marc J. Orlando and Law School Graduate Carmen A. Otey, with additional support provided by Partners Jason T. Kuzma and John F. Pierce.
"We are extremely appreciative of the longstanding support and loyalty of our lender group," says David A. Messer, Freepoint's CEO, in a press release. "Our refinancing was once again over-subscribed, demonstrating our lenders' ongoing commitment to our business as we continue to grow our global platform."
Click here to read the full press release from Freepoint.
Founded in 2011, Freepoint is based in Stamford, CT with over 500 employees worldwide. Freepoint is a global commodities merchant of physical commodities providing customers with physical supply and logistics chain management and services, together with eco-friendly products and solutions.
Stroock & Stroock & Lavan provides strategic transactional, regulatory, and litigation advice to advance the business objectives of leading financial institutions, multinational corporations, and entrepreneurial businesses in the U.S. and globally. With a rich history dating back over 140 years, the firm has offices in New York, Los Angeles, Miami and Washington, D.C.
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SOURCE Stroock & Stroock & Lavan LLP | https://www.kxii.com/prnewswire/2022/06/14/stroock-guides-freepoints-263b-revolver-deal/ | 2022-06-14T23:26:58Z |
Streamlined protocols meet public health goals while giving greater access for guests who are excited to cruise
SEATTLE, Aug. 15, 2022 /PRNewswire/ -- Seabourn is updating its COVID-19 guest protocols and procedures, including requirements for vaccinations and pre-cruise testing that meet public health goals while recognizing the evolving nature of the COVID-19 situation. These changes will go into effect for cruises departing on or after Sept. 6, 2022.
Under the new simplified procedures, for most cruises under 16 nights, fully vaccinated guests will no longer need to submit a pre-cruise COVID-19 test, and unvaccinated guests will only need to submit a self-administered test taken within three days of sailing. The protocols do not apply to itineraries for countries where local regulations may vary including Canada, Australia, and Greece.
"Our goal is to offer a luxury vacation experience that is unmatched in quality, safety, and joy," said Josh Leibowitz, president Seabourn. "These updated guidelines reflect our ongoing commitment to protecting our guests, the people in the communities we touch and serve, and our shipboard and shoreside employees. We look forward to welcoming all guests on board and delivering unforgettable Seabourn Moments."
Key changes for cruises up to 15 nights (Ages 5 and older, not including full Panama Canal transits, trans-ocean, and designated remote voyages):
- Vaccinated guests must provide evidence of vaccination status prior to embarkation. Pre-cruise testing is no longer required.
- Unvaccinated guests are welcomed aboard and must provide results of a negative medically supervised or self-test taken within three days of embarkation.
Key changes for cruises 16 nights or longer (plus full Panama Canal transit, trans-ocean, and designated remote voyages, ages 5 and older):
- All guests will be required to submit a medically supervised COVID-19 test with a written negative result. The test must be taken within three days of embarkation.
- Guests must be vaccinated or request an exemption from Seabourn.
The updated guidelines are subject to the local regulations of applicable homeports and destinations.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
Ultra-luxury Seabourn currently operates a fleet of five modern ships with two under construction and is a proud member of World's Leading Cruise Lines. The exclusive alliance also includes Carnival Cruise Lines, Holland America Line, Princess Cruises, Cunard Line, Costa Cruises, AIDA, P&O Cruises UK, and P&O Cruises Australia. Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK). Our highest responsibility and top priorities are compliance, environmental protection and the health, safety and well-being of our guests, team members, and the people and communities our ships visit.
Find Seabourn on Twitter, Facebook, Instagram, YouTube, and Pinterest.
Seabourn is consistently ranked among the world's top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure, and Condé Nast Traveler. Its stylish, distinctive cruising vacations are renowned for:
- Intimate ships with a private club atmosphere
- Intuitive, personalized service provided by staff passionate about exceeding guests expectations
- Curated voyages to all seven continents delivering award-winning experiences
- All ocean-front suites, luxuriously appointed
- Complimentary premium spirits and fine wines available on board at all times
- Welcome Champagne and complimentary in-suite bar stocked with your preferences
- Tipping is neither required, nor expected
- Finest resort at sea that is masterfully designed
- World-class dining, further enhanced through a culinary partnership with Chef Thomas Keller
- All dining venues are complimentary, dine where, when and with whom you wish
- Seabourn Conversations, connecting with visionary experts
- Ventures by Seabourn™, optional shore excursions, enhance and extend your experience in select destinations*^
- Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program*
- An evening entertainment experience in collaboration with Sir Tim Rice, produced exclusively by Belinda King Creative Productions†
- Committed to environmental stewardship and sustainability
*Optional programs, for additional charge
^Available on Seabourn Odyssey, Seabourn Sojourn, Seabourn Quest, Seabourn Encore, Seabourn Ovation
†Not available on board Seabourn Venture
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SOURCE Seabourn | https://www.kxii.com/prnewswire/2022/08/15/seabourn-simplifies-covid-19-procedures-removing-vaccine-requirement-most-voyages-eliminating-pre-cruise-testing-vaccinated-guests/ | 2022-08-15T19:50:40Z |
Research saw KMS Lighthouse customers achieving shorter handling and training time
TEL AVIV, Israel, June 7, 2022 /PRNewswire/ -- Today, leading knowledge management company released the results of a commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of KMS Lighthouse. The study found that a KMS Lighthouse customer achieved a 269% ROI on the initial investment over three years ($2.2M net present value) and increased customer satisfaction.
Enterprises and call centers use KMS Lighthouse to optimize knowledge across the organization to drive efficiencies in customer interactions across channels. Improved access to knowledge drives employee satisfaction, streamlines onboarding of new hires, and improves customer satisfaction.
To construct the study, Forrester interviewed a KMS Lighthouse client, identifying the benefits, risks, and outcomes they experienced while using the company's knowledge management product. The client reported reduced training costs, call center and digital channel handling time.
According to the study, the KMS Lighthouse customer also experienced the below benefits in addition to achieving a 269% ROI:
- 18% reduction in call center average handling time
- 25% reduction in digital channel average handling time
- 75% reduction in training time
"Forrester's findings illustrate some of the major business impacts a strong knowledge management platform can provide to organizations," said Sagi Eliyahu, CEO of KMS Lighthouse. "Our platform makes it possible for all enterprises, across different verticals to leverage knowledge with AI to experience these kinds of outcomes."
KMS Lighthouse has expanded rapidly doubling the business year-over-year and growing its global presence to serve its customers worldwide. Customers like GE Healthcare, Orange, DHL, NRG Energy, Unum Group and AIG rely on KMS Lighthouse for their strategic knowledge management initiatives to support their employees and customers alike.
KMS Lighthouse will be demonstrating its platform at the 2022 Forrester CX North America event in Nashville June 7-9.
To see the full TEI study, or to learn more about KMS Lighthouse's software, please visit this link.
About KMS Lighthouse:
KMS Lighthouse is a leading global provider of cutting-edge knowledge management solutions. Lighthouse enhances every business engagement by empowering customers, employees and agents with real-time access to accurate and consistent knowledge to improve customer and employee experience alike. KMS Lighthouse's powerful patented search functionality dramatically improves engagements across all service and sales channels, with simple integrations to self-service channels.
Media Contact:
Tal Shuhmacher
tals@kmslh.com
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SOURCE KMS Lighthouse | https://www.kxii.com/prnewswire/2022/06/07/2022-total-economic-impact-study-discovers-269-roi-with-kms-lighthouse/ | 2022-06-07T17:47:27Z |
Paqui's 2022 #OneChipChallenge returns, featuring two of the hottest peppers in the world – so hot it will shock your tongue blue
AUSTIN, Texas, Aug. 9, 2022 /PRNewswire/ -- Paqui Tortilla Chips, part of Amplify Snack Brands, announced today the return of the (hot as hell) PAQUI ONE CHIP CHALLENGE for its sixth year. The 2022 One Chip Challenge is so shocking that only the bravest will dare to face The Reaper. Made with two of the hottest peppers in the world, Carolina Reaper Pepper and Scorpion Pepper, this high voltage chip was created for the shocking pleasure of intense heat and pain. The only way to prove you've dared to take on this year's #OneChipChallenge is to show off your blue tongue.
"Each year, the team here at Paqui raises the bar and develops an intensely thrilling challenge that pushes the fearless to their limit," said Paqui Senior Brand Manager, Brandon Kieffer. "Fans be warned, this year's chip isn't for the faint of heart and there's no cheating the test. Only the bravest will be able to prove they faced the Reaper when they show off their blue tongue after completing the challenge."
Stay tuned for the PAQUI ONE CHIP CHALLENGE Hot Ones special episode that airs Aug. 25 on First We Feast's YouTube channel, featuring a gnarly guest star trying the #OneChipChallenge.
Priced at $8.99 USD, the 2022 PAQUI ONE CHIP CHALLENGE is all thriller and no filler, made with seasoning ingredients that create an intense spice combination that will humble even the toughest of participants. Those who dare to handle the heat can go to Paqui.com/onechipchallenge and Amazon to purchase the chip online or can shop at local participating retailers.
Fans who are brave enough to face The Reaper should share this year's experience on social media by showing off their blue tongue and tagging @paquichips with the hashtag #OneChipChallenge on Instagram, Twitter and TikTok. Fans can spread the heat and dare their friends, enemies, or frenemies to the challenge and see if they too can handle the shock of this year's PAQUI ONE CHIP CHALLENGE.
The Paqui everyday lineup of delicious and spicy chips can help train taste buds for the PAQUI ONE CHIP CHALLENGE, including Haunted Ghost Pepper®.
Ranked from "Freakin' Hot to Not Hot," Paqui flavors include:
- Haunted Ghost Pepper®: The spiciest and most popular flavor of Paqui's lineup, these chips are freakin' hot and contain a mix of Ghost Pepper, Cayenne Pepper and Chipotle Pepper.
- Fiery Chile Limón: Known to pack a spicy punch from red chile peppers and a kick of lime, this chip is a dynamic mix of spicy and tart.
- Jalapeño Tropicale: The perfect blend of sweet and heat with spicy jalapeños and a touch of pineapple flavors.
- Zesty Salsa Verde: One of the milder flavors, but this chip still has a kick with a combination of tangy tomatillos and smooth sour cream.
- Mucho Nacho Cheese: Made with real cheddar and real spices, Mucho Nacho Cheese is a nacho lover's dream and will satisfy cheesy tortilla chip cravings without artificial flavors and ingredients.
Paqui's everyday chips are Non-GMO Project Verified, gluten free and contain no artificial flavors or preservatives.
Acquired by The Hershey Company in 2018, Amplify Snack Brands, Inc. is a family of brands, including SkinnyPop®, Paqui®, and Pirate's Booty® dedicated to sharing our simple, tastier idea of what good snacks should be. Together we've proven that when you start with the right premium ingredients, you don't need anything extra to make something truly special. In short, our snacks are made with the fewest, cleanest, and simplest ingredients possible to craft the best tasting products. We don't want to say that we've set the bar in better-for-you snacking, because the truth is, we're still busy raising it. Our company is headquartered in Austin, Texas. For additional information, visit amplifysnackbrands.com.
CONTACT: Media Contact
Edible for Paqui
TheReaper@edible-inc.com
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SOURCE Amplify Snack Brands, Inc. | https://www.wibw.com/prnewswire/2022/08/09/paqui-one-chip-challenge-is-back-its-sixth-year-summoning-all-spice-lovers-experience-reaper-like-never-before-with-new-shocking-twist/ | 2022-08-09T14:26:10Z |
BEIJING, Sept. 1, 2022 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (NASDAQ: NAAS), the first publicly listed Chinese EV charging service provider, recently initiated a partnership with EEZI, a solution service provider that boasts an intelligent travel ecosystem integrating hardware and software. Both parties will work in tandem on solutions for intelligent travel and smart charging services to offer a diversified charging experience and customized services.
At present, China's new energy vehicle industry has entered a phase of large-scale and rapid development, and intelligent travel is experiencing a sustained boom in popularity. As an intelligent travel solution provider combining hardware and software, EEZI is proficient in the design, research and development, and the operation of smart cockpits, autonomous driving, software ecosystems, and user experience. EEZI, as a new company in the intelligent travel industry, is committed to developing autonomous driving and smart cockpits, in a bid to make users more comfortable as they drive.
EEZI OS, EEZI's smart cockpit system, is a highlight of EEZI''s offerings. EEZI OS achieves the core goals of design, of human-computer interaction, immersive entertainment, and intelligent connection of the cockpit via voice control, a central control PAD, a steering wheel for games, and customized console parts. In doing so, EEZI can break down the barriers between service scenarios and meet the diverse needs users have for entertainment, travel, and shopping in a variety of scenarios.
As the two companies cooperate, NaaS will integrate its digital charging network covering the whole of China into the EEZI's charging operation and management platform, EEZI machine and the EEZI App. In addition, intelligent matching for charging needs, vehicle scenario data and charging service will be handled by relying on NaaS' cloud computing, intelligent algorithms, and big data service capability. Car owners will be able to enjoy an innovative charging experience featuring "charging pile location, navigation, and payment with a single click" thanks to the Company's deep collaboration with Kuaidian. NaaS aims to comprehensively improve the driving experience for car owners and advance the development of EEZI's intelligent network ecosystem. Furthermore, NaaS will work with Kuaidian to provide EEZI with a range of services, including product promotion, operational platform development, and the user experience, to help EEZI empower new vehicles belonging to third-party vehicle companies, to enter the market rapidly.
"The current trend in the industry is software-defined vehicles. NaaS features a public charging pile network that covers the whole country that can provide one-stop charging service solutions for users," said Mou Lu, CEO of EEZI, "NaaS boasts industry-leading capabilities in terms of its digitization, resource integration, and user service. Thanks to NaaS and EEZI's partnership, EEZI-empowered new vehicles for third-party vehicle enterprises can produce a diversified smart cockpit experience and promote deep integration between intelligent travel and smart networks."
"The first half of the new-energy vehicle revolution is electric, whereas the second half will focus on the introduction of smart technology. Improving the driving experience for car owners in a digital and intelligent way remains the secret to stabilizing and expanding the consumption of new-energy vehicles," said Liang Xing, vice president of NaaS, "NaaS is ready to keep sharing digital energy solutions, empowering the industry and partners in order to enhance the degree of intelligence in the industry's energy supply. As NaaS and EEZI join hands, energy consumption may shift from Data Buy (purchase based on data guidance) to Auto Buy (unmanned intelligent supply consumption)."
As one of China's largest and fastest-growing new energy service providers, NaaS can provide a one-stop service for charging pile manufacturers, operators, and main engine plants by linking the upstream and downstream of the industrial chain digitally. As of June 30, 2022, NaaS operates in 358 cities across China and has connected to more than 400,000 chargers and 44,000 charging stations. NaaS is also reportedly providing charging services to brands such as NIO, FAW-Volkswagen, Li Auto as well as VOYAH.
About NaaS Technology Inc.
NaaS Technology Inc. ("NaaS" or the "Company") is one of the largest and fastest growing electric vehicle ("EV") charging service providers in China. The firm is a subsidiary of NewLink, a leading energy digitalization group in China. NaaS offers a comprehensive one-stop shop to charger manufacturers and operators, OEMs, in-house delivery fleets as well as fleet operators, with online, offline, and non-electric services covering the entire EV industry value chain. As of June 30, 2022, NaaS operates in 358 cities across China and has connected to more than 400,000 chargers and 44,000 charging stations. On June 13, 2022, NaaS Technology Inc. was officially listed on the NASDAQ under the ticker NAAS.
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SOURCE NAAS | https://www.kxii.com/prnewswire/2022/09/02/naas-collaborate-with-eezi-marking-another-step-way-intelligent-travel/ | 2022-09-02T09:53:04Z |
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