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VENTURA COUNTY, Calif., July 13, 2022 /PRNewswire/ -- Anthony Kastenek of Harris Personal Injury Lawyers, Inc. recovers $1.5 million for client William Davison during litigation.
On August 27, 2019, William Davison was closing a large, industrial-size gate when the gate fell off its tracks and on top of him, pinning him to the ground. Davison's femur was broken immediately. He was stuck under the gate until a bystander heroically lifted the 737-pound metal gate off him. Davison laid there until the ambulance arrived.
Davison was transported to the hospital, where he underwent emergency surgery to repair his fractured femur. He remained hospitalized for nine days. Unfortunately, however, he developed pain in his neck and low back, which ultimately required two additional surgeries.
Harris Personal Injury Lawyers, Inc. was tasked with determining who oversaw the maintenance, repairs, and safety of the gate. Their investigation revealed there were prior mechanical issues with the gate, which supported the legal theory of the gate being in a dangerous condition at the time it fell on Davison.
Harris Personal Injury Lawyers, Inc. tirelessly put pressure on the defense to secure a $1.5 million for their client.
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SOURCE Harris Personal Injury Lawyers, Inc. | https://www.wibw.com/prnewswire/2022/07/13/harris-personal-injury-lawyers-inc-recovers-15-million-ventura-county-client/ | 2022-07-13T12:35:10Z |
Amazon rolls out first fleet of all-electric delivery vans
(WLS) - Amazon has released its first fleet of Rivian all-electric delivery vans built in Illinois.
Hundreds of the electric delivery vans are now hitting the road – all part of Amazon’s climate pledge to reach net-zero carbon by 2040.
Amazon is relying on Rivian vehicles to help meet that goal, investing more than $1 billion in the company to make a custom fleet of electric vans.
Drivers will start and end their days at Amazon fulfillment centers, charging the vehicle overnight for the next day’s shift – no gas stops needed.
The electric vans are starting out in more than a dozen cities across the U.S., including Nashville, St. Louis, Dallas and Seattle. While the initial rollout consists of a few hundred vehicles, Jeff Bezos said he wants to see 100,000 of them on the road by the end of the decade.
The new vehicles include touchscreens for drivers with all the package information and navigation they need. There are also more upgrades, like heated and cooled seats and steering wheels, exterior cameras, automatic emergency breaking and collision-warning technology.
Amazon expects to have thousands of Rivian vans in more than 100 U.S. cities by the end of the year.
Copyright 2022 WLS via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/22/amazon-rolls-out-first-fleet-all-electric-delivery-vans/ | 2022-07-22T17:45:47Z |
The ride-hailing service Uber said Friday that all its services were operational following what security professionals are calling a major data breach, claiming there was no evidence the hacker got access to sensitive user data.
But the breach, apparently by a lone hacker, put the spotlight on an increasingly effective break-in routine involving social engineering: The hacker apparently gained access posing as a colleague, tricking an Uber employee into surrendering their credentials.
They were then able to locate passwords on the network that got them the level of privileged access reserved for system administrators.
The potential damage was serious: Screenshots the hacker shared with security researchers indicate they obtained full access to the cloud-based systems where Uber stores sensitive customer and financial data.
It is not known how much data the hacker stole or how long they were inside Uber's network. Two researchers who communicated directly with the person — who self-identified as an 18-year-old to one of them — said they appeared interested in publicity. There was no indication they destroyed data.
But files shared with the researchers and posted widely on Twitter and other social media indicated the hacker was able to access Uber's most crucial internal systems.
"It was really bad the access he had. It's awful," said Corbin Leo, one of the researchers who chatted with the hacker online.
The cybersecurity community's online reaction — Uber also suffered a serious 2016 breach — was harsh.
The hack "wasn't sophisticated or complicated and clearly hinged on multiple big systemic security culture and engineering failures," tweeted Lesley Carhart, incident response director of Dragos Inc., which specializes in an industrial-control systems.
Leo said screenshots the hacker shared showed the intruder got access to systems stored on Amazon and Google cloud-based servers where Uber keeps source code, financial data and customer data such as driver's licenses.
"If he had keys to the kingdom he could start stopping services. He could delete stuff. He could download customer data, change people's passwords," said Leo, a researcher and head of business development at the security company Zellic.
Screenshots the hacker shared — many of which found their way online — showed sensitive financial data and internal databases accessed. Also widely circulating online: The hacker announcing the breach Thursday on Uber's internal Slack collaboration system.
Leo, along with Sam Curry, an engineer with Yuga Labs who also communicated with the hacker, said there was no indication that the hacker had done any damage or was interested in anything more than publicity.
"It's pretty clear he's a young hacker because he wants what 99% of what young hackers want, which is fame," Leo said.
Curry said he spoke to several Uber employees Thursday who said they were "working to lock down everything internally" to restrict the hacker's access. That included the San Francisco company's Slack network, he said.
In a statement posted online Friday, Uber said "internal software tools that we took down as a precaution yesterday are coming back online."
It said all its services — including Uber Eats and Uber Freight — were operational and that it had notified law enforcement. The FBI said via email that it is "aware of the cyber incident involving Uber, and our assistance to the company is ongoing."
Uber said there was no evidence that the intruder accessed "sensitive user data" such as trip history but did not respond to questions from The Associated Press including about whether data was stored encrypted.
Curry and Leo said the hacker did not indicate how much data was copied. Uber did not recommend any specific actions for its users, such as changing passwords.
The hacker alerted the researchers to the intrusion Thursday by using an internal Uber account on the company's network used to post vulnerabilities identified through its bug-bounty program, which pays ethical hackers to ferret out network weaknesses.
After commenting on those posts, the hacker provided a Telegram account address. Curry and other researchers then engaged them in a separate conversation, where the intruder provided the screenshots as proof.
The AP attempted to contact the hacker at the Telegram account, but received no response.
Screenshots posted online appeared to confirm what the researchers said the hacker claimed: That they obtained privileged access to Uber's most critical systems through social engineering.
The apparent scenario:
The hacker first obtained the password of an Uber employee, likely through phishing. The hacker then bombarded the employee with push notifications asking they confirm a remote log-in to their account. When the employee did not respond, the hacker reached out via WhatsApp, posing as a fellow worker from the IT department and expressing urgency. Ultimately, the employee caved and confirmed with a mouse click.
Social engineering is a popular hacking strategy, as humans tend to be the weakest link in any network. Teenagers used it in 2020 to hack Twitter and it has more recently been used in hacks of the tech companies Twilio and Cloudflare, said Rachel Tobac, CEO of SocialProof Security, which specializes in training workers not to fall victim to social engineering.
"The hard truth is that most orgs in the world could be hacked in the exact way Uber was just hacked," Tobac tweeted. In an interview, she said "even super tech savvy people fall for social engineering methods every day."
"Attackers are getting better at by-passing or hi-jacking MFA (multi-factor authentication)," said Ryan Sherstobitoff, a senior threat analyst at SecurityScorecard.
That's why many security professionals advocate the use of so-called FIDO physical security keys for user authentication. Adoption of such hardware has been spotty among tech companies, however.
The hack also highlighted the need for real-time monitoring in cloud-based systems to better detect intruders, said Tom Kellermann of Contrast Security. "Much more attention must be paid to protecting clouds from within" because a single master key can typically unlock all their doors.
Some experts questioned how much cybersecurity has improved at Uber since it was hacked in 2016.
Its former chief security officer, Joseph Sullivan, is currently on trial for allegedly arranging to pay hackers $100,000 to cover up that high-tech heist, when the personal information of about 57 million customers and drivers was stolen. | https://www.tdtnews.com/news/article_4b5df9d4-360e-11ed-88d6-a7b303bc68ec.html | 2022-09-16T23:57:44Z |
RCPD to crackdown on cigarettes, e-cigarettes in Manhattan parks
MANHATTAN, Kan. (WIBW) - Riley County Police will start to hand out mandatory court dates to those caught smoking cigarettes or e-cigarettes in city parks, specifically Blue Earth Plaza.
The Riley County Police Department says a city-wide crackdown on smoking in city parks is upon Manhattan residents after it received various complaints - specifically about Blue Earth Plaza, which is the focal point of the new campaign.
RCPD noted that signage will be put in place around Manhattan parks to remind residents of the no-smoking zone. It said officers will begin to enforce the city ordinance to a larger degree due to the number of complaints it has gotten.
The Police Department said those caught smoking in city parks - specifically Blue Earth Plaza - will be required to show up in court.
According to City of Manhattan Ordinance Section 17-19, it is against city code to smoke any kind of cigarette or e-cigarette in an enclosed area or public meeting including, but not limited to:
- Public places
- Taxis, limousines, and transportation network vehicles
- Restrooms, lobbies, hallways and other common areas in public or private buildings, condos or other residential facilities
- Any place of employment
The ordinance also states it is against the code to smoke e-cigarettes in the following areas that are not enclosed:
- Access points of all buildings and facilities not exempted under section 17-20
- City-owned parking garages
- At outdoor parks or recreation areas
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/25/rcpd-crackdown-cigarettes-e-cigarettes-manhattan-parks/ | 2022-06-25T22:02:03Z |
Most federal, state, county and municipal offices, including Temple and Belton, will be closed Monday in observance of Memorial Day.
Local police agencies and first-responders, including Temple Police Department and Temple Fire & Rescue, continue operations year-round.
Temple and Belton school districts will be closed Monday as classes ended Thursday and Wednesday, respectively. | https://www.tdtnews.com/news/business/article_b69aadba-de1a-11ec-a1c1-53dd106b78fb.html | 2022-05-28T01:09:36Z |
FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries, including Russia, made a small trim in their supplies to the global economy Monday, underlining their unhappiness as recession fears help drive down crude prices — along with the cost of gasoline, to drivers’ delight.
The decision for October rolls back a mostly symbolic increase of 100,000 barrels per day in September. It follows a statement last month from Saudi Arabia’s energy minister that the OPEC+ coalition could reduce output at any time.
Oil producers such as Saudi Arabia have resisted calls from U.S. President Joe Biden to pump more oil to lower gasoline prices and the burden on consumers. OPEC+ has stuck with only cautious increases to make up for deep cuts made during the COVID-19 pandemic, which were finally restored in August.
Since then, growing worries about slumping future demand have helped send oil prices down from June peaks of over $120 per barrel, cutting into the windfall for OPEC+ countries’ coffers but proving a blessing for drivers in the U.S. as pump prices have eased.
The supply cut for October is only a small fraction of the 43.8 million barrels per day under OPEC+ production goals, but wrong-footed several analysts’ predictions of no change in output. Oil prices jumped after the announcement.
U.S. crude rose 3.3%, to $89.79 per barrel, while international benchmark Brent was up 3.7%, to $96.50, after the decision.
The amount of oil per day “may seem negligible, but the message from today’s cut is clear: OPEC+ thinks they’ve fallen enough,” Columbia University energy policy expert Jason Bordoff tweeted.
Oil prices have gyrated in recent months: Recession fears have pushed them down, while worries of a loss of Russian oil because of sanctions over its invasion of Ukraine pushed them up.
Recently, recession fears have taken the upper hand. Economists in Europe are penciling in a recession at the end of this year due to skyrocketing inflation fed by energy costs, while China’s severe restrictions aimed at halting the spread of the coronavirus have sapped growth in that major world economy.
Those falling oil prices have been a boon to U.S. drivers, sending gasoline prices down to $3.82 per gallon from record highs of over $5 in June and offering a potential boost to Biden as his Democratic Party heads into midterm elections.
“The President has been clear that energy supply should meet demand to support economic growth and lower prices for American consumers and consumers around the world,” White House press secretary Karine Jean-Pierre said. “President Biden is determined to continue to take every step necessary to shore up energy supplies and lower energy prices.”
In June, fears that U.S. and European sanctions would take Russian oil off the market helped push Brent to over $123. Prices have fallen sharply in recent weeks as it became clear that Russia is still managing to sell significant amounts of oil in Asia, albeit at sharply discounted prices.
But concerns about the loss of Russian supply are still out there because European sanctions aimed at blocking most Russian oil imports won’t take effect until the end of the year.
Other factors are lurking that could influence the price of oil. For one, the Group of Seven wealthy democracies plan to impose a price cap on Russian oil aimed at battling high energy prices and reducing oil profits that Russia can use for its war in Ukraine.
That’s if the cap works as intended. Russia could refuse to supply oil to countries and companies observing the cap, which would take barrels off the market. The price cap has not been set, and its influence on the global price remains unclear.
Meanwhile, a deal between Western countries and Iran to limit Tehran’s nuclear program could ease sanctions and see more than 1 million barrels per day of Iranian oil return to the market in coming months. However, tensions between the U.S. and Iran appear to have risen in recent days: Iran seized two U.S. naval drones in the Red Sea, and U.S., Kuwaiti and Saudi warplanes flew over the Middle East on Sunday in a show of force.
OPEC+ countries’ energy ministers said their September increase of 100,000 barrels a day was only for that month and that the group could meet again at any time to address market developments.
___
Associated Press writer Will Weissert in Milwaukee contributed. | https://cw33.com/business/ap-business/ap-opec-faces-what-to-do-about-lower-oil-prices-drivers-cheer/ | 2022-09-05T17:34:11Z |
The announcement was a surprise in some circles — although not unexpected: Extraco Banks has sold its iconic 10-story downtown Temple skyscraper to Austin-based Redeem Investments.
Formerly known as the First National Bank building before its merger with Extraco Banks in 1991, the tower is a Temple landmark at the corner of Main Street and West Avenue A. The Downs brothers had established the bank in a modest wooden shoebox of a shop in January 1882. Flavius Foster Downs (1856-1940) served as president until his retirement in 1934.
As Temple grew, the bank and the Downs brothers prospered. By the early 1900s, the brothers wanted a landmark that would reflect their bank’s economic strength and progressive spirit.
In 1908, they contracted with the Fort Worth architectural firm of Marshall R. Sanguinet (1859-1936) and Carl G. Staats (1871-1928). Thanks to their close working relationship with the Santa Fe Railway and notable Temple citizens, the firm built what many regarded as the best buildings in Central Texas.
When the two-story First National building was completed in May 1908, the Temple Daily Telegram hailed it an “architectural triumph” of limestone and copper. The interior included four teller windows framed by steel grills, Italian marble countertops, mahogany-lined telephone booths and cloak rooms, and ornamental hand-painted ceiling in ivory and sienna tones. Although its size was modest — 30 feet wide by 70 feet deep — the majesty of the building’s design dwarfed all other downtown edifices.
Lawyers, physicians, real estate brokers and other businesses occupied the second floor, meaning that First National Bank became the seat of power and deals for the county.
Even after the deaths of the Downs brothers, the building remained a symbol of Temple’s thriving success and drive.
William Guy Draper (1894-1975) became bank president in 1938, just as Bell County was recovering from economic collapse during the Great Depression. In less than five years, Temple and Bell County were radically changed — most notably by the opening of Camp Hood and McCloskey Army Hospital, each begun in rented offices on the bank’s second floor staffed by the commanding generals and support staff.
Both military installations were at first slated for closure after World War II, but by 1950 both were permanent — becoming Fort Hood and the Central Texas Veterans Center.
That helped Central Texas swell with people and industry.
Bell County’s population shot up to 73,824 in 1950 and increased by 27% to 32% every decade thereafter. Belton reported a population of 6,246, a milestone for the county seat after it had lost 5.5% during the Great Depression. By 1950, Temple boomed nearly 65% to 25,467. By far, the most astounding growth happened in Killeen, which swelled from 1,268 to 7,045 — a whopping 456%.
Thus, 1950 was a bellwether year with vigorous, long-ranging changes. Many of the county’s venerable institutions reorganized and regrouped.
Formerly a doctor-owned hospital, Scott & White reorganized into a non-profit hospital and the for-profit Scott and White Clinic.
In the post-World War II years, the Texas Highway Department (now called the Texas Department of Transportation) launched massive plans to upgrade and expand the state’s highway system, connecting to a vast proposed federal network that ultimately led to the completion of Interstate 35 in the 1960s.
Also in 1950, the city of Temple acquired 32 acres in South Temple, a government-surplus site of a former German prisoner-of-war camp near McCloskey Hospital that seven years later would be the new home of Temple College.
The 1950s also became a decade of breaking hide-bound traditions and attitudes.
Plans also began on a new building for Dunbar High School, the historically black high school. The school opened in 1952. Temple Housing Authority constructed low-income housing: Jonathan Moore and Crestview, Temple’s first public housing projects.
Although Christ Episcopal Church quietly welcomed black worshippers in the 1930s, the church achieved a more significant milestone in April 1953, when the vestry voted that all services would be desegregated. The vestry’s actions predate the U.S. Supreme Court’s 1954 decision, Brown vs. Topeka Board of Education, and the rising tide of civil rights protests and demonstrations.
Other remarkable changes soon followed downtown: In 1953, Temple solidified its reputation as a Czech cultural center with the relocation of SPJST headquarters to downtown.
Like the Downs brothers before him, Draper saw the need for a new bank building to reflect the city’s changing times and expanding influence.
Draper announced in September 1950 plans to build a new 10-story, $1.2 million home for First National on the site of the 1908 building. The new structure was the first of its kind to be built in Temple since its late 1920 boom days when the Hawn and Kyle hotels were constructed.
The architectural firm of Wyatt Cephas Hedrick (1888-1964) of Fort Worth provided the design; Robert McKee Construction of Dallas was the builder.
Hedrick, architect and engineer, assumed ownership of Sanguinet & Staats when the two retired. Hedrick’s firm parlayed close connections to Temple to bring the city into the 20th century, first with the Art Deco or Moderne-style Temple City Hall, completed in 1929.
“Much like the Prairie style that flourished a decade earlier, it represented an attempt to come to terms with the dramatic changes brought on by industrialization and modernization, and sought to break free of historical precedents and to forge a modern expression,” said Christopher Long, architectural historian.
Hedrick’s firm also was responsible for Scott & White Hospital’s striking round towers when it moved to its present location on South 31st Street in 1963.
For more than seven decades, First National — later Extraco — bank building stood as a Temple landmark towering over other buildings as the home base for financial and other business, legal and political professionals.
Time took its toll as the banking industry changed. The Extraco building sat mostly empty on its upper floors. Redeem Investments no doubt has big plans that will alter downtown once again as renovations to historic structures are underway.
Maybe someday residents will look back at the 2020 decade as transformative years, just like the 1950s. | https://www.tdtnews.com/article_e906a7a8-274a-11ed-b806-5f84143e2bd5.html | 2022-08-29T05:49:51Z |
ORLANDO, Fla., June 6, 2022 /PRNewswire/ -- PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, announced today that Larry Somma, Chief Financial Officer, will present at Cowen's 2nd Annual Sustainability & Energy Transition Summit, which is being held virtually on June 7-8, 2022.
The Company is scheduled to present on Wednesday, June 8th at 2:30 p.m. Eastern time, with one-on-one meetings to be held throughout the conference. The presentation will be webcast live and available for replay here.
PureCycle Technologies LLC., a subsidiary of PureCycle Technologies, Inc., holds a global license for the only patented solvent-driven purification recycling technology, developed by The Procter & Gamble Company (P&G), that is designed to transform
polypropylene plastic waste (designated as No. 5 plastic) into a continuously renewable resource. The unique purification process removes color, odor, and other impurities from No. 5 plastic waste resulting in an ultra-pure recycled (UPR) plastic can be recycled and reused over and over again, changing our relationship with plastic.
Company Contact:
Anna Farrar
afarrar@purecycle.com
(954) 647-7059
Investor Relations Contact:
Georg Venturatos
Gateway Investor Relations
PCT@GatewayIR.com
(949) 574-3860
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SOURCE PureCycle Technologies | https://www.mysuncoast.com/prnewswire/2022/06/06/purecycle-technologies-present-cowens-2nd-annual-sustainability-amp-energy-transition-summit-june-8th-2022/ | 2022-06-06T23:20:55Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Okta, Inc..
Shareholders who purchased shares of OKTA 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 5, 2021 to March 22, 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) Okta had inadequate cybersecurity controls; (ii) as a result, Okta's systems were vulnerable to data breaches; (iii) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (iv) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (v) all the foregoing, once revealed, was likely to have a material negative impact on Okta's business, financial condition, and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: July 19, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/okta-inc-loss-submission-form/?id=27915&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of OKTA 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 July 19, 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/2022/06/01/shareholder-alert-gross-law-firm-notifies-shareholders-okta-inc-class-action-lawsuit-lead-plaintiff-deadline-july-19-2022-nasdaq-okta/ | 2022-06-01T10:58:17Z |
PITTSBURGH, Sept. 12, 2022 /PRNewswire/ -- "I wanted to create a durable device to aid home builders when installing exterior walls," said an inventor, from Fair Haven, Mich., "so I invented the WALL JACK. My design would simplify the work while reducing labor costs and potential wall-related damage."
The patent-pending invention provides an improved device to simplify the installation of exterior walls. In doing so, it enables exterior walls to be lifted in a controlled and professional manner. As a result, it saves time and effort and it helps to prevent damage. The invention features a durable design that is easy to use so it is ideal for home builders, construction workers, etc. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Detroit sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DTI-102, 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.mysuncoast.com/prnewswire/2022/09/12/inventhelp-inventor-develops-installation-tool-exterior-walls-dti-102/ | 2022-09-12T15:10:33Z |
Company Receives Seven Award Nominations in Total
CALGARY, AB, June 2, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA) a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is proud to announce that it's President and CEO, Raj Grover, was named Cannabis Person of the Year at the O'Cannabiz Industry Awards Gala, a national annual event that recognizes excellence and innovation in the cannabis industry, last night in Toronto.
According to event organisers, the Cannabis Person of the Year award 'honours an individual's exemplary service and dedication to our ever-changing industry, this person makes a true global difference and stands well above the crowd, bringing their strength and leadership to our vital and changing industry.'
"I am truly humbled and honoured to be named Cannabis Person of the Year but this recognition is one I can't accept alone. High Tide's success is due to the tireless work and dedication of our team members and the loyalty of our customers, which is evidenced by the fact that we are the largest non-franchised cannabis retailer in Canada," said Raj Grover, President and Chief Executive Officer of High Tide. "I also want to congratulate all nominees across the various categories - you are all winners who have helped shape and grow our industry through turbulent times. High Tide's success is built not only upon our diversified cannabis ecosystem, but also the diversity of our leadership team. Social equity and corporate social responsibility are core to what we are trying to build at High Tide. I want to reiterate my commitment to being a champion for these causes within the broader cannabis sector," added Mr. Grover.
Along with Cannabis Person of the Year, High Tide leadership and subsidiaries received seven nominations, including Canna Cabana (Best Customer Service and Best Retail Chain), Fastendr™ (Best Innovative Technology) and recognition of Senior Vice President of Corporate & Public Affairs Omar Khan's government lobbying on the cannabis file (Best Activist/Advocate of the Year).
Since starting his first company at the age of 22, Raj has established himself as one of Canada's foremost business strategists and deal makers. Through organic growth and strategic acquisitions, Raj has grown High Tide from one small shop of 2 employees in 2009, into one of Canada's largest cannabis retailers with over 1,100 amazing team members and business interests spanning North America and Europe.
HighTide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 124 current locations spanning Ontario, Alberta, Manitoba, and Saskatchewan. High Tide was featured in the third annual Report on Business Magazine's ranking of Canada's Top Growing Companies in 2021 and was named as one of the top 10 performing diversified industries stocks in the 2022 TSX Venture 50™. The Company is also North America's first and only cannabis discount club retailer, featuring Canna Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners, with additional locations under development across the country. High Tide's portfolio also includes retail kiosk and smart locker technology – Fastendr™. High Tide has been serving consumers for over a decade through its established e-commerce platforms including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, BlessedCBD.co.uk, and BlessedCBD.de, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information about High Tide Inc., please visit www.hightideinc.com, its profile page on SEDAR at www.sedar.com, and its profile page on EDGAR at www.sec.gov.
Certain statements in this news release are forward-looking information or forward-looking statements. Such information and statements, referred to herein as "forward-looking statements" are made as of the date of this news release or as of the date of the effective date of information described in this news release, as applicable. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (generally, forward-looking statements can be identified by use of words such as "outlook", "expects", "intend", "forecasts", "anticipates", "plans", "projects", "estimates", "envisages, "assumes", "needs", "strategy", "goals", "objectives", or variations thereof, or stating that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken, occur or be achieved, or the negative of any of these terms or similar expressions, and other similar terminology) are not statements of historical fact and may be forward-looking statements.
Such forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to the ability of High Tide to execute on its business plan and that High Tide will receive one or multiple licenses from Alberta Gaming, Liquor & Cannabis, British Columbia's Liquor Distribution Branch, Liquor, Gaming and Cannabis Authority of Manitoba, Alcohol and Gaming Commission of Ontario or the Saskatchewan Liquor and Gaming Authority permitting it to carry on its Canna Cabana Inc. business. High Tide considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that any one or more of the government, industry, market, operational or financial targets as set out herein will be achieved. Inherent in the forward-looking statements are known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements.
The forward‐looking statements contained herein are current as of the date of this news release. Except as required by law, High Tide does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances. Any and all forward-looking statements included in this news release are expressly qualified by this cautionary statement, and except as otherwise indicated, are made as of the date of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
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SOURCE High Tide Inc. | https://www.wibw.com/prnewswire/2022/06/02/high-tide-president-ceo-raj-grover-named-cannabis-person-year-ocannabiz-industry-awards-gala/ | 2022-06-02T10:14:12Z |
- Nanostics' biomarker and machine learning-powered test, ClarityDX Prostate®, received a CE-IVD Mark.
- A CE-IVD Mark is required for all in vitro diagnostic (IVD) devices to be placed in the EEA, Iceland, Norway, and Liechtenstein and allows Nanostics to market and sell ClarityDX Prostate® in these countries.
- The ClarityDX Prostate® test provides patients and physicians with an accurate prediction of clinically significant prostate cancer to support decision-making and improve health outcomes for men suspected of having prostate cancer.
EDMONTON, AB, Aug. 23, 2022 /PRNewswire/ - Nanostics Inc., a precision health diagnostics company, is excited to announce today that it has received the CE-IVD Mark for its ClarityDX Prostate® test. This regulatory milestone allows Nanostics to market and sell ClarityDX Prostate® in Europe, as well as other countries that require the CE Mark for market access.
The ClarityDX Prostate® test uses a proprietary machine-learning algorithm that combines data from biological and clinical biomarkers to generate a risk score for clinically significant prostate cancer, defined as Gleason grade group 2 or higher, on prostate biopsy. The ClarityDX Prostate® test is intended to be used as a reflex test for men with elevated levels of PSA and is designed to help physicians and patients make a more informed decision on whether to proceed with a biopsy or not.
"We're excited to reach this regulatory milestone for our ClarityDX Prostate® test built on our robust biomarker and machine learning platform," said John Lewis, CEO of Nanostics. "Using ClarityDX Prostate® as a reflex test for men with elevated PSA levels will help physicians, patients, and their families make more-informed decisions on how best to proceed with prostate cancer screening and result in better health outcomes for men with prostate cancer."
Recently, Nanostics announced positive results from its 1,500-patient clinical validation study of its ClarityDX Prostate® test, showing 94% sensitivity, 37% specificity, 49% positive predictive value, and 90% negative predictive value for predicting clinically significant (grade group ≥2) prostate cancer. Implementation could eliminate up to 37% of unnecessary biopsies and significantly reduce the number of unnecessary treatments for prostate cancer.
Compliance with the relevant EU legislation and attainment of the CE-IVD mark represents Nanostics' commitment to developing and marketing in vitro diagnostic medical devices that meet stringent regulatory requirements. Nanostics is committed to expanding its regulatory portfolio to allow for market access in different jurisdictions.
About Nanostics Inc.
Nanostics is a private Canadian company focused on the development and commercialization of novel and noninvasive diagnostic tests. Its core technology, ClarityDX®, uses advanced machine learning algorithms to create a disease risk score. ClarityDX® is applicable to a wide range of cancers and other diseases. Nanostics' lead product, ClarityDX Prostate®, is a test that improves the accuracy of detecting clinically significant prostate cancer. Read more at: www.nanosticsdx.com.
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SOURCE Nanostics | https://www.mysuncoast.com/prnewswire/2022/08/23/nanostics-receives-ce-mark-its-claritydx-prostate-test-detect-clinically-significant-prostate-cancer/ | 2022-08-23T13:14:57Z |
- Fiscal third quarter revenue grew 29% year over year to $1.4 billion
- Fiscal third quarter billings grew 40% year over year to $1.8 billion
- Remaining performance obligation grew 40% year over year to $6.9 billion
SANTA CLARA, Calif., May 19, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2022, ended April 30, 2022.
Total revenue for the fiscal third quarter 2022 grew 29% year over year to $1.4 billion, compared with total revenue of $1.1 billion for the fiscal third quarter 2021. GAAP net loss for the fiscal third quarter 2022 was $73.2 million, or $0.74 per diluted share, compared with GAAP net loss of $145.1 million, or $1.50 per diluted share, for the fiscal third quarter 2021.
Non-GAAP net income for the fiscal third quarter 2022 was $193.1 million, or $1.79 per diluted share, compared with non-GAAP net income of $139.5 million, or $1.38 per diluted share, for the fiscal third quarter 2021. A reconciliation between GAAP and non-GAAP information is contained in the tables below.
"We saw strong top-line growth in Q3, which is a testament to our teams' consistent execution in capitalizing on the strong cybersecurity demand trends," said Nikesh Arora, chairman and CEO of Palo Alto Networks. "On the back of this strength across our portfolio, we are again raising our guidance for the year across revenue, billings and earnings per share."
"Our drive to deliver strong total shareholder return in Q3 was headlined by our revenue growth, while we also balanced operating margin expansion and free cash flow conversion," said Dipak Golechha, chief financial officer of Palo Alto Networks. "We look forward to continuing this balance as we close out the year and look to FY23."
Financial Outlook
Palo Alto Networks provides guidance based on current market conditions and expectations.
For the fiscal fourth quarter 2022, we expect:
- Total billings in the range of $2.32 billion to $2.35 billion, representing year over year growth of between 24% and 26%.
- Total revenue in the range of $1.53 billion to $1.55 billion, representing year over year growth of between 25% and 27%.
- Diluted non-GAAP net income per share in the range of $2.26 to $2.29, using 106 million to 108 million shares outstanding.
For the fiscal year 2022, we are broadly raising guidance and expect:
- Total billings in the range of $7.106 billion to $7.136 billion, representing year over year growth of between 30% and 31%.
- Total revenue in the range of $5.481 billion to $5.501 billion, representing year over year growth of approximately 29%.
- Diluted non-GAAP net income per share in the range of $7.43 to $7.46, using 106 million to 107 million shares.
- Adjusted free cash flow margin in the range of 32% to 33%.
Guidance for non-GAAP financial measures excludes share-based compensation-related charges (including share-based payroll tax expense), acquisition-related costs, amortization expense of acquired intangible assets, litigation-related charges, including legal settlements, non-cash charges related to convertible notes, and related foreign currency gains (losses) and income and other tax effects associated with these items, along with certain non-recurring expenses and certain non-recurring cash flows. We have not reconciled diluted non-GAAP net income per share guidance to GAAP net income (loss) per diluted share or adjusted free cash flow margin guidance to GAAP net cash from operating activities because we do not provide guidance on GAAP net income (loss) or net cash from operating activities and would not be able to present the various reconciling cash and non-cash items between GAAP and non-GAAP financial measures because certain items that impact these measures are uncertain or out of our control, or cannot be reasonably predicted, including share-based compensation expense, without unreasonable effort. The actual amounts of such reconciling items will have a significant impact on the company's GAAP net income (loss) per diluted share and GAAP net cash from operating activities.
Earnings Call Information
Palo Alto Networks will host a video webcast for analysts and investors to discuss the company's fiscal third quarter 2022 results as well as the outlook for its fiscal fourth quarter 2022 today at 4:30 p.m. Eastern time/1:30 p.m. Pacific time. Open to the public, investors may access the webcast, supplemental financial information and earnings slides from the "Investors" section of the company's website at investors.paloaltonetworks.com. A replay will be available three hours after the conclusion of the webcast and archived for one year.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions including statements regarding our ability to balance future revenue growth with operating margin expansion and free cash flow, and our financial outlook for the fiscal fourth quarter 2022 and fiscal year 2022. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: developments and changes in general market, political, economic, and business conditions; the duration and global impact of COVID-19; risks associated with managing our growth; risks associated with new products and subscription and support offerings, including the discovery of software bugs; shifts in priorities or delays in the development or release of new subscription offerings, or the failure to timely develop and achieve market acceptance of new products and subscriptions as well as existing products and subscription and support offerings; rapidly evolving technological developments in the market for security products and subscription and support offerings; our customers' purchasing decisions and the length of sales cycles; our competition; our ability to attract and retain new customers; our ability as an organization to acquire and integrate other companies, products, or technologies in a successful manner; the effects of supply chain constraints and the global chip and component shortages and other factors affecting the manufacture, delivery, and cost of certain of our products; our ability to obtain adequate supply of our products from our third-party manufacturing partners; our debt repayment obligations; and our share repurchase program, which may not be fully consummated or enhance shareholder value, and any share repurchases which could affect the price of our common stock.
Additional risks and uncertainties that could affect our financial results are included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q filed with the SEC on February 22, 2022, which is available on our website at investors.paloaltonetworks.com and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Non-GAAP Financial Measures and Other Key Metrics
Palo Alto Networks has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (GAAP). The company uses these non-GAAP financial measures and other key metrics internally in analyzing its financial results and believes that the use of these non-GAAP financial measures and key metrics are useful to investors as an additional tool to evaluate ongoing operating results and trends, and in comparing the company's financial results with other companies in its industry, many of which present similar non-GAAP financial measures or key metrics.
The presentation of these non-GAAP financial measures and key metrics are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with the company's consolidated financial statements prepared in accordance with GAAP. A reconciliation of the company's historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review these reconciliations.
Non-GAAP net income and net income per share, diluted. Palo Alto Networks defines non-GAAP net income as net income (loss) plus share-based compensation-related charges, including share-based payroll tax expense, acquisition-related costs, amortization expense of acquired intangible assets, litigation-related charges, including legal settlements, gains (losses) related to facility exit, and non-cash charges related to convertible notes. The company also excludes from non-GAAP net income the foreign currency gains (losses) and tax effects associated with these items in order to provide a complete picture of the company's recurring core business operating results. The company defines non-GAAP net income per share, diluted, as non-GAAP net income divided by the weighted-average diluted shares outstanding, which includes the potentially dilutive effect of the company's employee equity incentive plan awards and the company's convertible senior notes outstanding and related warrants, after giving effect to the anti-dilutive impact of the company's note hedge agreements, which reduces the potential economic dilution that otherwise would occur upon conversion of the company's convertible senior notes. Under GAAP, the anti-dilutive impact of the note hedge is not reflected in diluted shares outstanding. The company believes that excluding these items from non-GAAP net income and net income per share, diluted, provides management and investors with greater visibility into the underlying performance of the company's core business operating results, meaning its operating performance excluding these items and, from time to time, other discrete charges that are infrequent in nature, over multiple periods.
Billings. Palo Alto Networks defines billings as total revenue plus the change in total deferred revenue, net of acquired deferred revenue, during the period. The company considers billings to be a key metric used by management to manage the company's business and believes billings provides investors with an important indicator of the health and visibility of the company's business because it includes subscription and support revenue, which is recognized ratably over the contractual service period, and product revenue, which is recognized at the time of shipment, provided that all other conditions for revenue recognition have been met. The company considers billings to be a useful metric for management and investors, particularly if sales of subscriptions continue to increase and the company experiences strong renewal rates for subscriptions and support.
Investors are cautioned that there are a number of limitations associated with the use of non-GAAP financial measures and key metrics as analytical tools. In particular, the billings metric reported by the company includes amounts that have not yet been recognized as revenue. Additionally, many of the adjustments to the company's GAAP financial measures reflect the exclusion of items that are recurring and will be reflected in the company's financial results for the foreseeable future, such as share-based compensation, which is an important part of Palo Alto Networks employees' compensation and impacts their performance. Furthermore, these non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP, and the components that Palo Alto Networks excludes in its calculation of non-GAAP financial measures may differ from the components that its peer companies exclude when they report their non-GAAP results of operations. Palo Alto Networks compensates for these limitations by providing specific information regarding the GAAP amounts excluded from these non-GAAP financial measures. In the future, the company may also exclude non-recurring expenses and other expenses that do not reflect the company's core business operating results.
About Palo Alto Networks
Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. We help address the world's greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. Our vision is a world where each day is safer and more secure than the one before. For more information, visit www.paloaltonetworks.com.
Palo Alto Networks and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.
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SOURCE Palo Alto Networks, Inc. | https://www.kxii.com/prnewswire/2022/05/19/palo-alto-networks-reports-fiscal-third-quarter-2022-financial-results/ | 2022-05-19T21:48:37Z |
PITTSBURGH, May 10, 2022 /PRNewswire/ -- "I thought there could be a better way to scrub various areas of the tub with minimal effort," said an inventor, from Hermantown, Minn., "so I invented the AUTOMATIC BATHTUB CLEANER. My design would enable you to easily remove dirt, debris, soap scum and residue."
The patent-pending invention provides an easy and effective way to clean the bathtub. In doing so, it offers an alternative to traditional scrubbing tools. As a result, it saves time and effort and it reduces strain. The invention features a lightweight and durable design that is easy to use so it is ideal for households. Additionally, it is producible in design variations.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-MHO-121, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/05/10/inventhelp-inventor-develops-easier-way-clean-bathtub-mho-121/ | 2022-05-10T19:19:24Z |
DUBAI, UAE, Sept. 13, 2022 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that Mr. Saifi Ismail, Yalla Group's President, has been named one of the region's most inspiring business leaders of 2022 by the prestigious magazine Arabian Business. This accolade acknowledges Mr. Ismail's achievements as a visionary leader who has leveraged his influence, experience and expertise to drive digital transformation in the MENA region.
"It is an immense honor to be recognized by this esteemed publication alongside such outstanding leaders," said Mr. Ismail. "I would like to sincerely thank Arabian Business for their commendation on behalf of the entire Yalla team. As the leading voice-centric social networking and entertainment platform in the MENA region, we are proud of our commitment to launching products tailored to local user preferences, expanding partnerships with local channels, and working with local communities to help grow the digital economy and the Internet industry over the past six years. With our group's vision in mind, we will remain dedicated to serving MENA users' increasing online demands and assisting our stakeholders as they steer the region toward a brighter future."
Arabian Business is the Middle East region's premier resource for informed news, features, and commentary. Its extensive output includes interviews with some of the world's leading business people, long-form features from around the Middle East and respected commentary on the issues of the day. Annual awards ceremonies and its high-profile Power Lists add to the brand's prestige, forward-thinking approach and reputation for integrity, helping Arabian Business sustain a loyal following across all its platforms.
About Yalla Group Limited
Yalla Group Limited is the largest voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA). The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company has expanded its content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users' evolving online social networking and entertainment needs. The ecosystem includes YallaChat, an IM product tailored for Arabic users; Waha, a social networking product designed for the metaverse; and games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in the region. Yalla is also actively exploring outside of MENA, having launched Yalla Parchis, a Ludo game designed for the South American markets. Yalla's mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with its users. In addition, through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core game distribution in the MENA region, leveraging its local expertise to bring exciting new content to its users.
For more information, please visit: https://ir.yallagroup.com.
For investor and media inquiries, please contact:
Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yallatech.ae
The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com
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SOURCE Yalla Group Limited | https://www.kxii.com/prnewswire/2022/09/13/yalla-president-named-2022-most-inspiring-business-leader/ | 2022-09-13T11:09:38Z |
Nearly 40% of Consumers in those Generations Say They Lack the Confidence to Take on Solo DIY Projects
MT. PROSPECT, Ill., April 11, 2022 /PRNewswire/ -- With "before times" normalcy off the table, consumers have settled into a home-centered approach to living[1], with both Millennials and Gen Zers seeing their homes, from college dorm rooms to studio apartments, or a colonial in the suburbs, as a refuge from the outside world. While 64 percent of young consumers said they are more interested in home improvement now than before COVID-19[2], nearly 40 percent said their lack of confidence impedes them from taking on DIY projects[3].
That's why today, Dremel has launched a new brand campaign to inspire the next generation of DIYers – Millennials and Gen Zers – and help them find the courage to take on projects big or small. From trimming a dog's nails to replacing a cracked bathroom tile and more, Dremel has a simple message: You Got This!
"Through the "You Got This" campaign, we are giving this new class of DIYers the inspiration to unlock their creativity. Gen Z specifically is one of the most artistic generations yet, as the value of creativity among this group over-indexes and ranks 40 points higher[4] than the general population," said Sonesh Shah, Dremel Global President. "With our high-quality versatile products, expertise and after sale support, we are here to coach them as they work through creative and DIY projects around the home."
In other aspects of their lives, these "new DIYers" don't require much hand holding. Millennials and Gen Zers have been self-educating for years—mastering the art of the smoky eye or coding their own websites. According to research conducted by MRI[5] who surveyed Millennials and Gen Zers that describe themselves as altruistic/purpose-driven and creative minded, said they're also willing to extend that passion to their home.
- 75 percent are always looking for new ways to improve their home
- 72 percent enjoy DIY projects
- 69 percent like to make things themselves
- 56 percent of Gen Z/Millennials say everything in their home should be beautiful, so it looks good in pictures for social media
With Dremel's new vibrant ad campaign, the brand brings confidence to life through three ad spots titled, Tub, Mirror and New Place. The campaign includes a series of :15 and :06 second spots and mix of social media assets. The ads showcase a range of creative and functional DIY and home improvement tasks, from polishing a thrifted find to removing a nail in order to hang a vintage mirror, ultimately giving people the courage to pick up a Dremel tool and let their inner DIYer shine.
For 90 years, Dremel has been helping crafters, hobbyists, and home improvement enthusiasts of all skill levels unlock their creativity for generations. With more than 150 long-lasting accessories and 20 attachments, there's a Dremel tool combination available for virtually any project, no matter the complexity.
For more information on Dremel products and to view the campaign video ad spots, please visit www.dremel.com.
About Dremel
Since 1932, the Dremel brand has been helping crafters, hobbyists and home improvement enthusiasts get the job done with its full line of versatile, easy-to-use tool systems that deliver the perfect solution for almost any task. From our Dremel rotary tools that boast 150 highly engineered accessories and 20 attachments to the Multi-Max™ oscillating tools, Ultra-Saw™ and Saw-Max™ multi-saws, and the Idea Builder™ 3D printer, DIYers have come to know and trust the brand to complete their projects. Combining compact size, efficient speed, ergonomic design, precision, and versatility with a wide range of accessories, Dremel has been the catalyst to unleashing creativity among its consumers for generations and is continuing to instill courage in the next generation of DIYers through its "You Got This" campaign that launched on April 11, 2022.
[1] Gartner – Consumer Trends - US 2022
[2] Y-Pulse – No Place Like Home – US 2021
[3] Statista, 2021, Mintel – Improving the home – US 2021
[4] MRI-Simmons – Custom Audience Data – US 2022
[5] MRI-Simmons – Custom Audience Data – US 2022
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SOURCE Dremel | https://www.wibw.com/prnewswire/2022/04/11/dremel-tells-gen-zers-millennials-when-it-comes-diy-you-got-this/ | 2022-04-11T14:02:40Z |
Tiger Woods announces first ‘Popstroke Tour Championship’ to be held in Sarasota
Published: Aug. 25, 2022 at 5:03 PM EDT|Updated: 37 minutes ago
SARASOTA, Fla. (WWSB) - Golfers have a chance to win a coveted title and $125,000 cash prize thanks to pro-golfer Tiger Woods.
On Aug. 25 Woods announced that registration is open for the first ever ‘Popstroke Tour Championship’ taking place at the 18-hole putting course in Sarasota.
From October 26-28th golfers can compete in two separate championships, The Team Championship and the Stroke Play (individual), in a 72-hole tournament for a total purse of $125,000.
The three-day international competition will bring together players, both pros and amateurs, to find the best putters in the world.
For a full list of rules and where to register for the competition head to https://popstroke.com/PTC/.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/25/tiger-woods-announces-first-popstroke-tour-championship-be-held-sarasota/ | 2022-08-25T21:42:10Z |
Saladworks, Garbanzo Mediterranean Fresh and The Simple Greek Offer Delicious, Seasonal LTO Menu Options Through Summer
ST. PETERSBURG, Fla., May 17, 2022 /PRNewswire/ -- WOWorks, the holding company of better-for-you restaurant brands, Saladworks, Frutta Bowls, Garbanzo Mediterranean Fresh , The Simple Greek, Barberitos Southwestern Grille and Cantina, and Zoup! Eatery, are introducing new limited-time-only menu items for Saladworks, Garbanzo and The Simple Greek. From salads to gyros, these three restaurant brands are introducing new summer-focused menu items from May to September.
All new WOWorks' limited time offers are designed to showcase unique flavors for "Functional Eaters" who are curious, adventurous, and interested in unique and worldly flavors around them. The new LTO menu items are packed with superfoods, such as blueberries and strawberries and a rich and creamy Feisty Fetta, as well as nutritious proteins, whole grains, and super greens.
Saladworks' new menu item will be available from May 9 through September 5, and is intended to provide a light, fresh, and delicious meal option:
- Summer Berry Salad – This salad is made with super greens, grilled chicken, fresh strawberries and blueberries, honey pecans, feta, with a light balsamic dressing. This can also be customized to a bowl using super grains or a wrap with your choice of a whole wheat or white tortilla.
Garbanzo Mediterranean Fresh and The Simple Greek's new menu items will be available from May 16 through September 5, and are meant to provide a spicy, invigorating experience. They include:
- Garbanzo Mediterranean Fresh will feature Feisty Fetta Chicken Gyro – This gyro includes chicken, feisty fetta, lettuce, sliced tomato, red sauce, and pickled onion.
- The Simple Greek will feature Feisty Fetta Chicken Pita – This pita includes chicken, feisty fetta, lettuce, sliced tomato, red sauce, and pickled onion.
- Both brands will offer Feisty Fetta Fries – These loaded fries are topped with feisty fetta and red sauce.
"We wanted to bring fresh and vibrant recipes to our guests made with seasonal fruits and zesty flavors to welcome summer and lighten the mood," said Kelly Roddy, CEO of WOWorks. "The Saladworks item is intended to give you a taste of summer in every bite while the Garbanzo and The Simple Greek menu items aim to bring awareness to the variety of ingredients of the Mediterranean region."
Fully owned by Centre Lane Partners, LLC, WOWorks' brands all share a core DNA based upon fresh, flavorful and healthy food along with a heart for hospitality served through convenient business channels, which appeals to Millennial families and Gen Z guests.
Between all of its brands, WOWorks has 370 locations across the United States and Canada. Non-traditional presence within locations, such as ghost kitchens, food trucks, grocery retail, hospitals, and universities, have proven a huge avenue of growth for the brand, with even more planned in 2022, including a massive deal with Ghost Kitchen Brands. The Simple Greek currently has 15 locations, Saladworks has 162 locations, Frutta Bowls has 42 locations, and Garbanzo Mediterranean Fresh has 29, with aggressive growth expected for both Frutta Bowls and Garbanzo Mediterranean Fresh in the coming year, including co-branded restaurants. Newly acquired Barberitos Southwestern Grille and Cantina has 54 locations and Zoup! Eatery has 68 locations.
For more information about WOWorks restaurants' limited-time-only summer menu offers, visit www.saladworks.com, www.eatgarbanzo.com, and www.thesimplegreek.com.
ABOUT WOWORKS:
WOWorks was formed in 2020 with a mission to help guests pursue their passions and live their best lives by serving healthy, nutritious and flavorful meals along with its Vow to "WOW!" guest hospitality. Fully owned by Centre Lane Partners, LLC, WOWorks' portfolio, in addition to its newest brands, Barberitos Southwestern Grille and Cantina and Zoup! Eatery, consists of: Saladworks, the nation's leading fast-casual salad brand; Frutta Bowls, a unique restaurant franchise serving a variety of superfood bowls, fresh fruit smoothies, protein bites and more; Garbanzo Mediterranean Fresh, a popular Mediterranean restaurant concept; The Simple Greek, which offers a fresh and healthy take on traditional Greek recipes in a fast-casual setting. WOWorks seeks to drive explosive growth across all of its brands through a variety of channels, both traditional and non-traditional, including ghost kitchens, food trucks, grocery retail and more.
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SOURCE WOWorks | https://www.mysuncoast.com/prnewswire/2022/05/17/woworks-restaurants-welcome-summer-with-fresh-new-limited-time-only-menu-items/ | 2022-05-17T16:17:19Z |
- Brand Refresh Showcases Company's Dedication to Unmatched Customer Concierge Service -
BALTIMORE, May 3, 2022 /PRNewswire/ -- High Mark Construction (HMC), one of the Mid-Atlantic's leading commercial and general contracting firms specializing in exterior renovations and repair, unveiled today a complete corporate brand refresh that includes new brand messaging, a new logo, marketing collateral, and website. The new branding showcases a forward-thinking company that's revolutionized the home and commercial contracting experience, rooted in the company's personalized concierge service.
Since its incorporation in 2018, HMC has made excellence in customer-to-contractor relationships the bedrock of its brand difference, working diligently to cast aside the negative cliches that have long tarnished so many contractors. As a result, clients consistently praise HMC for delivering outstanding work and fantastic personal service, as evidenced by dozens of verified five-star ratings on Google Reviews.
Each HMC customer has an assigned project manager serving as a central point of contact for every aspect of the job. This support is especially helpful with storm restoration, one of HMC's specialties. After a catastrophe, clients need an expert advocate to liaison directly with insurance companies to secure full compensation for all damages.
"We pride ourselves on not just being a contractor, but a true partner for our clients," says Owner Mike Kimball. "We built our business on the idea that there's a better way to offer contracting services and provide an alternative to the frustrations people may have had with other vendors. High Mark Construction has always been different, and now this brand refresh is the inflection point for our customers to begin the experience of what we call a Marked Difference."
To bring this message to life, HMC partnered with Vitamin, the Baltimore-based integrated marketing agency.
"It's been a wonderful collaboration working with the HMC team," said Michael Karfakis, founder of Vitamin. "The executive and marketing teams at HMC were flexible enough to consider new ideas and willing to step up where necessary to help craft a brand that truly reflects who HMC is today and who HMC will be in the future. We will now leverage the assets we have created to solidify an ongoing lead generation effort using the website as the hub. It's all about ROI and we are excited to show HMC the return this effort provides."
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SOURCE High Mark Construction | https://www.kxii.com/prnewswire/2022/05/03/high-mark-construction-redefines-what-expect-contractor/ | 2022-05-03T17:19:41Z |
TURLOCK, Calif., July 12, 2022 /PRNewswire/ -- With rising inflation, skyrocketing gasoline prices, and families being crippled by mounting food costs, some people are forced to forgo or delay filling or refilling life-saving medications because they can no longer afford them, even where they have insurance. While it is unthinkable for families in financial distress to have to choose between food, medicine, or being able to drive to work, that is today's reality.
Fortunately, there is a solution. A $2 charitable generic drug program has been launched in parts of Stanislaus and Merced counties to help families in financial need afford more than 690 commonly prescribed generic medications.
The charitable program – PharmAffordable – is funded by Legacy Health Endowment and the EMC Health Foundation and is a collaboration with TIN Rx, an independent pharmacy in Turlock.
PharmAffordable is based on a simple premise: At a time when thousands of residents of Stanislaus and Merced counties are struggling financially, many people in dire need are paying far too much for the prescription medications they require in order to stay healthy or even alive.
PharmAffordable provides a solution: $2 for a 30-day supply of the most common generic medications. PharmAffordable will save people in financial distress hundreds of dollars a year on prescriptions by slashing the expensive prescription co-pays required by many insurance companies.
Unfortunately, we are unable to extend PharmAffordable to people who are enrolled in Medi-Cal, Medicare, and Tricare, due to special rules imposed by those programs.
PharmAffordable is available only to people who live in these ZIP codes in Stanislaus and Merced counties:
To be eligible, people must also certify that they are in financial distress such that they cannot afford either the regular price of the medications or their insurance copay or deductible for the same medications.
Here is how the program works:
Once they have qualified as eligible for the program, people take their prescription to TIN Rx Pharmacy at 1801 Colorado Ave in Turlock, where it will be filled for just $2 for a 30-day supply. TIN Rx can also call patients' current pharmacy and have prescriptions transferred if needed. People must bring proof of residence within the 19 ZIP codes and a copy of their insurance card (if they have health insurance). As part of the signup process, people will need to certify their financial need, since the charitable program is limited to those who cannot otherwise afford their critical medications. Those wishing to have their medications mailed to them can do so, but they will need to cover the cost of the postage themselves. To enroll, go to www.tinrx.com and click on PharmAffordable, complete the form, and hit send.
This link provides a complete list of all the generic medications available for $2.
Jeffrey Lewis, President and CEO of Legacy Health Endowment and the EMC Health Foundation, said the goal of the new program is to "focus on needy families who are seeing inflation eat away at their paycheck and struggle with the rising gasoline prices and the increasing challenge to pay for food."
"Rising prescription drug co-payments and deductibles are driven by health insurance companies," Lewis said. "They advise employers to reduce their overall health insurance costs by shifting increased economic responsibility to employees and families. And in doing so, far too many families are being forced to make life-threatening decisions."
"PharmAffordable," said Lewis, "is not just about thinking outside the box -- we burned the box."
TIN Rx founder and CEO Dr. Christina Garcia said she is honored to help create such an important program.
"Bringing together community solutions that save residents hard-earned dollars is one of the reasons why we created TIN Rx," Garcia said. "Collaborating with both foundations is an incredible opportunity to create real, sustainable change in the rural Central Valley. Together, we are focused on helping families in need. This is the first of many collaborations with Legacy Health Endowment and the EMC Health Foundation."
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SOURCE Legacy Health Endowment | https://www.kxii.com/prnewswire/2022/07/12/californias-first-2-charitable-generic-medication-program-helps-needy-patients-stretch-their-prescription-dollars/ | 2022-07-12T18:45:12Z |
President and Chief Executive Officer Steven E. Strah to Retire
John W. Somerhalder Appointed Interim President and Chief Executive Officer
Board to Initiate Search for Permanent Successor
AKRON, Ohio, Sept. 15, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that John W. Somerhalder II, chair of the FirstEnergy Board of Directors, has been named interim president and chief executive officer (CEO), effective September 16, 2022. Mr. Somerhalder's appointment follows Steven E. Strah's decision to retire as president and CEO of FirstEnergy and as a member of the Board of Directors.
Mr. Somerhalder will continue to serve as chair of the FirstEnergy Board and work closely with the company's executive team. The FirstEnergy Board will commence a search of external candidates to identify a permanent CEO. The Board of Directors has completed its previously announced management review.
"I look forward to working with the company's executive team and dedicated FirstEnergy employees to continue delivering exceptional value to our customers and shareholders," said Mr. Somerhalder. "With the Board's continued support, I welcome the opportunity to lead the company during this transition and oversee the continued execution of our strategy to become a more resilient and forward-looking company, positioning the business for long-term stability and success."
"On behalf of the Board, I would like to thank Steve for his many contributions and years of service to FirstEnergy and wish him well in his next chapter," said Lisa Winston Hicks, lead independent director of the FirstEnergy Board. "In our search, we will look to identify a visionary leader to continue driving strong performance across the business, while continuing to foster an environment of uncompromising integrity and shared responsibility to execute on the company's strategic priorities. As we conduct this search for a permanent CEO, we are fortunate to have a leader of John's caliber and experience to step into the role on an interim basis to ensure that the company continues building on its strong momentum."
"We have been encouraged to see the company's ongoing efforts to strengthen compliance, operational excellence and its balance sheet," said Sean Klimczak, Blackstone's Global Head of Infrastructure and FirstEnergy director. "They serve as an important step in FirstEnergy's path to delivering exceptional customer service and ensuring transparency with its partners. We are excited about the company's growth potential and look forward to continuing our partnership as they build upon this momentum."
"With the company's operational momentum and portfolio of irreplaceable assets, we believe FirstEnergy is well-positioned to capitalize on long-term sustainable investments to meet customers' needs while growing value for shareholders," said Andrew Teno, portfolio manager of Icahn Capital LP and FirstEnergy director. "We look forward to continuing to support the company as it executes its transformation."
"It has been a great honor to be part of the FirstEnergy family for more than 38 years," Mr. Strah said. "I want to express my gratitude to the extremely dedicated employees, as well as our incredibly talented management team. I believe the future holds great opportunity for this organization."
FirstEnergy's outlook for 2022 continues to be strong, and the company expects results in the upper half of the guidance range provided to the investment community on its second quarter earnings call in July. In addition, the company continues to be focused on accelerating its balance sheet improvement efforts in order to achieve credit metrics consistent with those of premier utilities. The company expects to achieve this through organic growth in operating cash flow, as well as an additional, EPS-accretive transaction involving a minority interest in a transmission or distribution asset.
Mr. Somerhalder, age 66, has served as chair of the Board since May 2022, and previously served as vice chair and executive director of the company from March 2021 to May 2022. Prior to joining FirstEnergy, Mr. Somerhalder served as interim president and chief executive officer of CenterPoint Energy, Inc., an electric and natural gas utility serving several U.S. markets, from February 2020 to July 2020, and served as a member of the CenterPoint Energy Board of Directors from 2016 through July 2020. Mr. Somerhalder also served as interim president and chief executive officer of Colonial Pipeline Company, a U.S. refined products pipeline company, from February 2017 to October 2017. Prior to that, Mr. Somerhalder served as president and chief executive officer of AGL Resources Inc., an energy services holding company in the southeastern United States, from March 2006 through his retirement in December 2015, and served as chairman of the company's Board from November 2007 until December 2015. Prior to joining AGL Resources, Mr. Somerhalder served in a number of roles with El Paso Corporation, a publicly traded natural gas and related energy products provider, where he spent almost 30 years, starting his career as an engineer and progressing through leadership roles before being named president of El Paso Pipeline Group and executive vice president of El Paso Corporation. Mr. Somerhalder also previously held directorships with Gulfport Energy Corp., Crestwood Equity Partners LP, Enable Midstream Partners, LP, and SunCoke Energy Partners GP LLC.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its ten electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com. Follow FirstEnergy and its utilities on Twitter @FirstEnergyCorp, @ToledoEdison, @IlluminatingCo, @OhioEdison, @MonPowerWV, @JCP_L, @Penn_Power, @Penelec, @Met_Ed, @PotomacEdison, @W_Penn_Power.
Forward-Looking Statements: This press release includes forward-looking statements based on information currently available to management. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements include declarations regarding management's intents, beliefs and current expectations. These statements typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "intend," "believe," "project," "estimate," "plan" and similar words. Forward-looking statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, which may include the following: the potential liabilities, increased costs and unanticipated developments resulting from government investigations and agreements, including those associated with compliance with or failure to comply with the Deferred Prosecution Agreement entered into on July 21, 2021 with the U.S. Attorney's Office for the Southern District of Ohio; the risks and uncertainties associated with government investigations and audits regarding Ohio House Bill 6, as passed by Ohio's 133rd General Assembly ("HB 6") and related matters, including potential adverse impacts on federal or state regulatory matters, including, but not limited to, matters relating to rates; the risks and uncertainties associated with litigation, arbitration, mediation, and similar proceedings, particularly regarding HB 6 related matters, including risks associated with obtaining court approval of the settlement agreement in the derivative shareholder lawsuits and risks associated with securities litigation; changes in national and regional economic conditions, including recession and inflationary pressure, affecting us and/or our customers and those vendors with which we do business; weather conditions, such as temperature variations and severe weather conditions, or other natural disasters affecting future operating results and associated regulatory actions or outcomes in response to such conditions; legislative and regulatory developments, including, but not limited to, matters related to rates, compliance and enforcement activity, cybersecurity, and climate change; the ability to accomplish or realize anticipated benefits from our FE Forward initiative and our other strategic and financial goals, including, but not limited to, overcoming current uncertainties and challenges associated with the ongoing government investigations, executing our transmission and distribution investment plans, greenhouse gas reduction goals, controlling costs, improving our credit metrics, growing earnings, and strengthening our balance sheet; changing market conditions affecting the measurement of certain liabilities and the value of assets held in our pension trusts may negatively impact our results of operations and related guidance, and may also cause us to make contributions to our pension sooner or in amounts that are larger than currently anticipated; the risks associated with cyber-attacks and other disruptions to our, or our vendors', information technology system, which may compromise our operations, and data security breaches of sensitive data, intellectual property and proprietary or personally identifiable information; mitigating exposure for remedial activities associated with retired and formerly owned electric generation assets; the ability to access the public securities and other capital and credit markets in accordance with our financial plans, the cost of such capital and overall condition of the capital and credit markets affecting us, including the increasing number of financial institutions evaluating the impact of climate change on their investment decisions; the extent and duration of the COVID-19 pandemic and the related impacts to our business, operations and financial condition resulting from the outbreak of COVID-19 including, but not limited to, disruption of businesses in our territories, supply chain disruptions, additional costs, workforce impacts and governmental and regulatory responses to the pandemic, such as the moratoriums on utility disconnections and workforce vaccination mandates imposed at varying points throughout the pandemic; actions that may be taken by credit rating agencies that could negatively affect either our access to or terms of financing or our financial condition and liquidity; changes in assumptions regarding factors such as economic conditions within our territories, the reliability of our transmission and distribution system, or the availability of capital or other resources supporting identified transmission and distribution investment opportunities; changes in customers' demand for power, including, but not limited to, economic conditions, the impact of climate change, or energy efficiency and peak demand reduction mandates; the potential of non-compliance with debt covenants in our credit facilities; the ability to comply with applicable reliability standards and energy efficiency and peak demand reduction mandates; changes to environmental laws and regulations, including, but not limited to, those related to climate change; labor disruptions by our unionized workforce; changes to significant accounting policies; any changes in tax laws or regulations, or adverse tax audit results or rulings; and the risks and other factors discussed from time to time in our Securities and Exchange Commission ("SEC") filings. Dividends declared from time to time on FirstEnergy's common stock during any period may in the aggregate vary from prior periods due to circumstances considered by FirstEnergy's Board of Directors at the time of the actual declarations. A security rating is not a recommendation to buy or hold securities and is subject to revision or withdrawal at any time by the assigning rating agency. Each rating should be evaluated independently of any other rating.
These forward-looking statements are also qualified by, and should be read together with, the risk factors included in FirstEnergy's filings with the SEC, including, but not limited to, the most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and any subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The foregoing review of factors also should not be construed as exhaustive. New factors emerge from time to time, and it is not possible for management to predict all such factors, nor assess the impact of any such factor on FirstEnergy's business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statements. FirstEnergy expressly disclaims any obligation to update or revise, except as required by law, any forward-looking statements contained herein or in the information incorporated by reference as a result of new information, future events or otherwise.
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SOURCE FirstEnergy Corp. | https://www.wibw.com/prnewswire/2022/09/15/firstenergy-announces-ceo-transition/ | 2022-09-15T21:25:05Z |
Extension of partnership provides ingredient solutions for the food and beverage customers across Latin America
MEXICO CITY, June 28, 2022 /PRNewswire/ -- Univar Solutions México, S. De R.L. de C.V., a subsidiary of Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global commodity and specialty chemical and ingredient distributor and provider of value-added services, announced today it has expanded its Ingredients & Specialties (I&S) portfolio through a new exclusive distribution agreement with Kalsec®, Inc. in Mexico. Univar Solutions will become the sole and exclusive distributor in Mexico of Kalsec® products, encompassing their Taste and Sensory Solutions, Colors and Food Protection business units.
"We are excited to expand our already extensive food ingredients business through our relationship with Kalsec. This agreement allows Univar Solutions to be even more valuable to our customers and help solve their toughest challenges, develop more innovative and sustainable products and reduce time to market," said Jorge Buckup, president for Univar Solutions in Latin America. "With this exclusive authorization, we continue to strengthen our product portfolio, expand our ability to meet the needs of customers across Mexico and Latin America, and drive new growth opportunities through higher performing and more innovative and sustainable solutions."
Kalsec's products are derived from natural herbs, spices and vegetables, and are translated into easy-to-use liquid extracts. Kalsec's expertise and resources encompass a full line of natural, innovative products and solutions to meet the challenges faced by food and beverage manufacturers, globally. The addition of Kalsec's innovative products bring a suite of ingredients to Univar Solutions' leading specialty portfolio for food and beverage manufacturers at the cutting edge of industry and culinary trends.
Partnering with Kalsec helps position Univar Solutions to deliver on its Environment, Social, and Governance (ESG) goals through responsible product sourcing and long-term supplier partnerships. As one of only 4,000-plus businesses certified as a B Corporation, Kalsec meets the highest verified standards of sustainability, social responsibility, innovation and community engagement. This agreement will bring new representation in Mexico markets for Univar Solutions.
"This announcement follows the successful partnership launch with Kalsec in Europe in 2021, enhancing our value in core technical applications and our continued commitment to sustainability," said Kevin Hack, vice president of food ingredients for Univar Solutions. "We are excited to extend this partnership with Kalsec in Latin America by introducing their complete line of naturally sourced taste, colours and antioxidants extracts to our strong customer connections in Mexico. We have a fully functional Solution Center in Mexico to support and drive innovation, and our local team of scientists, chefs and culinary experts will bring technical, logistical, regulatory and processing capabilities to our local customer network."
Kalsec's high quality and innovative ingredient solutions help deliver on the consumer's sensory profile from taste, texture and mouthfeel. Products, applications and ingredients expected to be produced from the agreement include plant-based foods, baking and confections, batters and breadings, soups, sauces, dressings, marinades, snacks, pickled products, meat and poultry, seasonings and beverages. As a global partner to Kalsec's customers and suppliers, Univar Solutions offers customers ingredients, formulation services and an expanded portfolio for food product development.
"We have been operating for over a decade in Mexico, providing our customers with excellence in local service, support and supply of natural Kalsec solutions," said Aaron Wheadon, senior vice president of sales and marketing for Kalsec. "As we are continually striving to optimize how we support customers in Mexico, we are delighted to be working with a market-leader in Univar Solutions, who shares our values in sustainable sourcing and with providing customers the service and products they need to create the highest quality foods and beverages."
For more information about Univar Solutions food ingredients business, visit https://www.univarsolutions.com/foodology.
About Univar Solutions
Univar Solutions (NYSE: UNVR) is leading global commodity and specialty chemical distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.
About Kalsec Inc.
Kalsec provides innovative spice and herb extracts, colours, antioxidants and advanced hop products to the food and beverage industries. We capture the best nature has to offer and utilize the skills, experience and knowledge of our employees to make products look better, taste better and last longer. Kalsec has remained family owned and provides localized support to our global customers. Trusted since 1958, Kalsec is committed to providing value to the food and beverage industry for the next 100 years. Headquartered in Kalamazoo, Michigan, U.S., Kalsec has regional offices, laboratories and sales teams in North America, Europe and Asia. As a certified B Corp, Kalsec makes ethical and sustainable decisions that serve our customers, employees, communities and the environment. We are proud to be using our business as a force for good. For more information, visit www.kalsec.com.
Forward-Looking Statements
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions for the future, which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities to address or otherwise mitigate the impact of the COVID-19 pandemic; the potential negative impacts of COVID-19 on the global economy and our customers and suppliers; the overall impact of the COVID-19 pandemic on our business, results of operations and financial condition; other fluctuations in general economic conditions, particularly in industrial production and the demands of our customers; significant changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including as a result of competitor consolidation; significant changes in the pricing, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt instruments, and our ability to obtain additional financing when needed; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations; an inability to integrate the business and systems of companies we acquire, including of Nexeo Solutions, Inc., or to realize the anticipated benefits of such acquisitions; potential business disruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationship with third party providers; accidents, safety failures, environmental damage, product quality and liability issues and recalls; major or systemic delivery failures involving our distribution network or the products we carry; operational risks for which we may not be adequately insured; ongoing litigation and other legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; potential impairment of goodwill; liabilities associated with acquisitions, ventures and strategic investments; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; and the other factors described in the Company's filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek, "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.
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SOURCE Univar Solutions Inc. | https://www.mysuncoast.com/prnewswire/2022/06/28/univar-solutions-mxico-expands-food-ingredients-portfolio-through-exclusive-distribution-agreement-with-kalsec/ | 2022-06-28T21:12:52Z |
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Parallaxes Capital Management ("Parallaxes") is an alternative asset manager and, since 2017, has raised four funds dedicated to Tax Receivable Agreements ("TRAs"). As the market leader in monetizing TRAs, Parallaxes is dedicated to increasing the visibility and transparency of TRAs which remain an often overlooked and misunderstood asset class. In the vein of creating greater visibility into the TRA ecosystem, Parallaxes is pleased to share a notable development in the market as Spirit Airlines Inc. ("Spirit Airlines") previously terminated its TRA.
Spirit Airlines disclosed that it paid $7.0 million in addition to $0.3 million of applicable interest to terminate an outstanding TRA liability of $5.6 million, recognizing a loss of approx. $1.4 million. The Spirit Airlines TRA provided for the payment of 90% of the net cash tax savings realized from certain tax attributes, including savings from (i) net operating losses, (ii) deferred interest deductions, and (iii) alternative minimum tax credits.
Parallaxes views TRAs, including the Spirit Airlines TRA, as a valuable tool to reduce certain moral hazard problems and informational asymmetry inherent in a company's public offering. TRAs help ensure that pre-IPO owners are economically aligned with new public shareholders and incentivize pre-IPO owners to pursue an IPO structure that provides the company with ongoing tax benefits. Parallaxes anticipates enhanced awareness and understanding of TRAs will drive increased market adoption.
Parallaxes Capital Management ("Parallaxes") is the premier investment firm focused exclusively on monetizing Tax Receivable Agreements ("TRAs"). Parallaxes offers private equity sponsors, co-investors and management team members solutions to achieve liquidity, diversification and optionality from their TRAs. Parallaxes was founded in 2017 and is comprised of experienced investment professionals from leading private equity and growth equity firms. To learn more, please visit www.plxcap.com
This press release should not be regarded as representative of an official position or statement of Parallaxes or any related entity.
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SOURCE Parallaxes Capital | https://www.kxii.com/prnewswire/2022/09/13/parallaxes-capital-management-highlights-previously-terminated-tra-leading-airline/ | 2022-09-14T00:48:00Z |
COLUMBUS, Ohio, June 1, 2022 /PRNewswire/ -- AEP Texas Inc., a public utility subsidiary of American Electric Power (Nasdaq: AEP), announced that on July 1, 2022, it will redeem the entire outstanding $400 million principal amount of its 2.40% Senior Notes, Series C, due 2022. The notes will be redeemed at 100 percent of the principal amount outstanding (at par value of $100 per Senior Note), plus interest through the date of redemption, plus the required make-whole premium.
Notice of the redemption was mailed on June 1, 2022. This redemption is in accordance with the terms of the indenture under which the notes were issued.
The Bank of New York Mellon Trust Company, N.A. is the redemption agent and trustee.
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SOURCE American Electric Power | https://www.mysuncoast.com/prnewswire/2022/06/01/aep-subsidiary-aep-texas-inc-redeem-senior-notes/ | 2022-06-01T20:01:10Z |
Biggest Crypto Payment Provider Will Make BIG3 NFT Purchases For Ownership-Like Benefits Easy For All
LOS ANGELES, May 6, 2022 /PRNewswire/ -- Today, the BIG3 announced they are partnering with MoonPay, the leading global crypto payments infrastructure provider, to facilitate the purchase of the league's NFTs. The NFT's will be released Saturday, May 7 at 11:00 am EST for select Discord members These NFTs offer ownership-like benefits via two-tier options comprising 12,000 editions – 1,000 for each of the league's twelve teams that include 25 Fire priced at $25,000 each and 975 Gold priced at $5,000 each. MoonPay is facilitating all payments for NFT purchases, lowering the barriers for first-time NFT buyers to participate in the drop. Following the discord member sale, the drop will be open to the public at 11 a.m. ET on Sunday, May 8.
"We are excited to partner with MoonPay on our trailblazing ownership stake opportunity for fans to join," said BIG3 co-founder, Jeff Kwatinetz. "MoonPay makes buying NFT's easier for everyone and they will be a tremendous resource for our NFT Drop this weekend. I hope this excites all fans to get in on the action."
MoonPay's suite of payments infrastructure products provides a seamless way for people to buy and sell cryptocurrencies and NFTs. Its design brings the easy-to-use experience consumers have come to expect from tech, allowing users to buy and sell digital assets and NFTs via credit and debit cards; Apple, Google or Samsung Pay; or bank accounts. This announcement follows the landmark purchase of three BIG3 Team Fire-Tier allotments by renowned entrepreneurs, investors, and leaders of NFT communities DeGods, DogeCoin/MyDoge, and Krause House.
"Web3 is radically changing the way we approach the business of sports and BIG3 is helping to lead the way," said Ivan Soto-Wright, CEO and Co-founder of MoonPay. "This is the beginning of a creator economy renaissance. We're honored to work with BIG3 to help onboard the world to Web3."
Join the BIG3 discord click here and stay updated with the latest news on this NFT drop. BIG3 is returning for its fifth season on June 18 with coverage live across CBS and Paramount+ and the full schedule along with venues will be announced in the coming weeks.
To learn more about the BIG3 and to sign up for more information about participating in the ownership sale this weekend, go to BIG3.com and follow @thebig3 on Twitter and Instagram.
ABOUT MOONPAY:
MoonPay is the world's leading global crypto payments infrastructure provider. Leading marketplaces worldwide are providing their users with a simpler way to buy and sell NFTs using MoonPay's industry-first NFT Checkout solution, which allows the purchase of NFTs instantly with a credit or debit card. The company is active in more than 160 countries and is trusted by 250+ leading wallets, websites, and applications.
For more information, visit: https://www.moonpay.com
ABOUT BIG3:
BIG3 (BIG3.com) is who we are, FIREBALL3 is what we play. It's not your grandfather's 3-on-3. The premier global BIG3 league features many of the greatest, most popular and skilled professional athletes of all time. Founded by producer, actor and music legend Ice Cube and entertainment executive Jeff Kwatinetz, the BIG3 combines highly competitive, physical, fast game experiences and incredible fan experiences.
CONTACT:
Jeremy Watkins
jwatkins@hstrategies.com
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SOURCE BIG3 | https://www.mysuncoast.com/prnewswire/2022/05/06/big3-partners-with-moonpay-groundbreaking-ownership-nft-drop-this-weekend/ | 2022-05-08T03:02:01Z |
SK Capital and Techmer PM Management to Retain a Stake in the Company
CLINTON, Tenn., Sept. 7, 2022 /PRNewswire/ -- Techmer PM, LLC ("Techmer PM" or "the Company") announced today that it has received a majority investment from Gryphon Investors ("Gryphon"), a leading middle-market private equity firm. Techmer PM's founder John Manuck, the Company's management team, and SK Capital, a private investment firm with a focus on the specialty materials, chemicals, and pharmaceuticals sectors, will remain investors in the company alongside Gryphon. The terms of the deal were not disclosed.
Founded in 1981, Techmer PM is known for its development of innovative materials which add functionality to materials, including fast-growing technologies, such as composites and additive manufacturing. The Company serves customers across a diverse set of global markets serving many leading consumer products and packaging, healthcare, and building product OEMs. Techmer PM CEO Mike McHenry will continue to lead the Company, supported by the existing management team.
"The Techmer team has significantly improved the overall business performance in a very challenging market environment. We are excited by the additional support, expertise, and resources that will come from Gryphon's investment," said Mr. McHenry. "We have a number of commercial strategies to expand our offering and deliver first-class service to a diverse customer base, and we believe that Gryphon, alongside SK Capital, gives us additional operational and capital resources to help Techmer maximize its potential in enabling brand success for our customers."
Techmer PM represents Gryphon's fourth investment in the materials and chemicals sector. The firm's previous acquisitions include Pacur, a market-leading supplier of specialty plastic packaging materials for the medical device industry; Kano, a branded penetrating oils and lubricants producer; and Vivify Specialty Chemicals, a leading provider of specialty organic colorants, functional ingredients, and additives.
"With our investment in Techmer PM, we are excited to partner with another leader in the advanced materials space," said Craig Nikrant, Gryphon Operating Partner. "Techmer PM is at the forefront of delivering functional performance in some of the most critical and active areas of today's economy, including weather resistance, light-weighting, and sustainable materials."
Deal Partner and Head of the Industrial Growth Group at Gryphon Leigh Abramson added, "We see great potential for the company to grow its global reach and continue investing in technologies and capabilities that enable its customers to deliver the most innovative and complex projects. We look forward to partnering with Mike, his management team, and SK Capital as we work together to identify and pursue organic growth opportunities and strategic acquisitions."
Techmer PM operates six production sites strategically located throughout North America, serving customers globally. It focuses on high-performance applications where quality, technical support, and problem-solving are critical in the design and delivery of engineered materials.
Piper Sandler served as financial advisor to Techmer PM in this transaction. Guggenheim Securities served as financial advisor to Gryphon in this transaction.
About Techmer PM
Founded in 1981 and based in Clinton, TN, Techmer PM is a materials design company specializing in modifying and fine-tuning the properties of technical polymers. The company thrives on collaborating with plastics processors, fabricators, designers, specifiers, and brand owners. Drawing on a broad portfolio of resins –– from polyolefins to PEEK –– Techmer PM helps manufacturers enhance product function and appearance in scores of end-use markets. The firm operates six North American plants and has extensive expertise in virtually every plastic- and fiber-related process, from additive manufacturing and blown film to nonwovens, injection molding, and sheet extrusion. Techmer PM has been recognized six times since 2014 by Plastics News on its list of "Best Places to Work" in North America's plastics industry. Learn more at www.techmerpm.com.
About Gryphon Investors
Based in San Francisco, Gryphon Investors (www.gryphoninvestors.com) is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management. As of December 31, 2021, the firm has over $9 billion of assets under management. Gryphon targets making equity investments of $50 million to $300 million in portfolio companies with enterprise values ranging from approximately $100 million to $600 million. Gryphon prioritizes investment opportunities where it can form strong partnerships with owners and executives to build leading companies, utilizing Gryphon's capital, specialized professional resources, and operational expertise.
About SK Capital
SK Capital is a private investment firm with a disciplined focus on the specialty materials, specialty chemicals, and pharmaceuticals sectors. The firm seeks to build strong and growing businesses that create substantial long-term economic value. SK Capital aims to utilize its industry, operating, and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth, and profitability, as well as lower operating risk. SK Capital's portfolio of businesses generates revenues of approximately $16 billion annually, employs more than 20,000 people globally, and operates 203 plants in 32 countries. The firm currently has approximately $6.6 billion of assets under management. For more information, please visit www.skcapitalpartners.com.
Contact:
Jennifer Hurson
Lambert
jhurson@lambert.com
845.507.0571
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SOURCE Techmer PM; Gryphon Investors | https://www.mysuncoast.com/prnewswire/2022/09/07/techmer-pm-leading-producer-advanced-engineered-materials-masterbatch-products-announces-an-investment-gryphon-investors-accelerate-growth/ | 2022-09-07T11:57:09Z |
LOS ANGELES, July 12, 2022 /PRNewswire/ -- Ervin Cohen & Jessup LLP announced that Partners Debra James, Pooja Nair, and Vanja Habekovic have been selected as nominees for the Los Angeles Business Journal's "Women's Leadership Awards," honoring them for their impact and accomplishments within their firm and among the Los Angeles business community.
"We are grateful to have some of the top women attorneys in the profession," said Co-Managing Partner Randall Leff. " We laud their commitment to clients, to the firm and to the business community as a whole."
James, a Partner in the Real Estate Department, was selected as a "Mentor of the Year" nominee for her commitment to bettering the careers of women. In her law practice, she concentrates her practice on solving problems on a wide range of real estate transactions, including acquisitions and dispositions, leasing, development and construction, title work, real estate tax appeals and entity formation and structuring.
Nair, a Partner in the Litigation Department and Chair of the Firm's Food, Beverage and Hospitality Practice, is selected as a nominee for the "Women to Watch" category. She is a go-to attorney for the food, beverage, and hospitality industries and handles partnership disputes, false advertising claims, contract disputes.She also helps clients deal with cities and other local government bodies , including the Brown Act and California Public Records Act issues. Nair focuses on finding strategic, creative solutions to disputes that make business sense.
Habekovic, a Partner in and Co-Chair of the Corporate and Tax Departments, is also selected as a nominee for the "Women to Watch" category. Her clients rely on her dynamic counsel to establish, grow, maintain and sell their businesses and to navigate the important tax consequences that arise when making deals. Habekovic has a reputation of not only working closely and collaborating with her clients on existing matters, but looks long term to further develop strategies to advance a company's future endeavors.
Ervin Cohen & Jessup LLP is a full-service firm that provides a broad range of business-related legal services including corporate law; litigation; intellectual property & technology law; real estate transactions and finance; construction & environmental law; tax planning and controversies; employment law; health care law; bankruptcy, receivership and reorganization; and estate planning. For more information, visit http://www.ecjlaw.com/
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SOURCE Ervin Cohen & Jessup LLP | https://www.kxii.com/prnewswire/2022/07/12/three-ervin-cohen-amp-jessup-partners-recognized-top-business-leaders-los-angeles/ | 2022-07-12T20:20:09Z |
BETHESDA, Md., June 8, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has hired Paul Darrow as Managing Director on its multifamily investment sales platform. Mr. Darrow is based in Los Angeles and is responsible for originating and executing on middle market multifamily property sales throughout Greater Los Angeles.
Managing Director Blake Rogers commented, "We are excited to continue building out our experienced team in Southern California. The middle market space is a vital segment for private and institutional investors who seek opportunities up and down the price spectrum. Through the addition of Paul and his understanding of both client profiles, we expand our ability to provide best-in-class services to our clients at every price tranche."
Mr. Darrow has over 16 years of experience and has closed over $5 billion of multifamily investment sales during his career. Mr. Darrow stated, "I couldn't be more excited to join Walker & Dunlop having observed its incredible growth over such a short period. Beyond its leadership position in capital markets and investment sales, the firm's leaders have demonstrated an intriguing forward-thinking mindset through their investments in data science, valuations, and analytics. I think those investments will be a huge advantage when it comes to providing actionable insights and opportunities to our clients."
Prior to joining Walker & Dunlop, Mr. Darrow served as Senior Director at Marcus & Millichap. Previously, he was Managing Director with Cushman & Wakefield. Mr. Darrow is a member of the National Multifamily Housing Council (NMHC) and the Urban Land Institute (ULI) and is a LEED certified professional.
Walker & Dunlop is one of the top multifamily investment sales platforms in the United States and has seen significant growth over the past several years. In 2021, the company grew its property sales volume by 214% year over year to $19.3 billion. For information about multifamily properties available for sale via Walker & Dunlop's investment sales platform, visit our website.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology make us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,400 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.
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SOURCE Walker & Dunlop, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/08/walker-amp-dunlop-expands-investment-sales-platform-with-veteran-multifamily-advisor/ | 2022-06-08T21:23:49Z |
VANCOUVER, BC, May 30, 2022 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE MKT: TGB) (LSE: TKO) ("Taseko" or the "Company") has published its annual Environment, Social & Governance ("ESG") Report, providing detailed information about the Company's 2021 performance and outcomes against the most critical ESG topics and metrics for the global mining sector.
Stuart McDonald, President & CEO of Taseko, commented, "Taseko's annual ESG Report provides our many stakeholders – employees, local communities, governments, business partners and investors – with clear information about our performance on key sustainability topics. We believe we have a great story to tell.
Taseko is a growing and responsible producer of copper and other metals required to facilitate the global transition to a low-carbon future. With our North America-based operations, we hold ourselves to a high standard for operational excellence, for environmentally sound and socially responsible mining, for safe and healthy workplaces, and for sharing the economic benefits of our work."
Mr. McDonald noted, "Taseko's focus on operational excellence translates into best-in-class ESG performance in key measures, such as energy efficiency, greenhouse gas (GHG) intensity, health and safety, and more."
For the first time, in the 2021 ESG Report Taseko has established long-term goals in the areas of energy management, water management, reclamation and biodiversity. In addition, the Company is reporting against the Sustainability Accounting Standards Board (SASB) framework, providing consistent and comparable ESG metrics specific to the global mining sector.
Taseko Mines' 2021 ESG highlights include:
- Recognition by the Province of British Columbia for excellence in health and safety (the sixth time in eight years that Gibraltar Mine has won the prestigious John Ash Safety Award for the lowest frequency of lost-time injuries among major open-pit mines in BC).
- Achieved a new long-term labour agreement with the Company's unionized workforce at Gibraltar.
- Completion of a land swap at Florence Copper to protect centuries-old archeological features associated with the Hohokam culture.
- Ongoing engagement and partnership development with Indigenous groups with respect to Gibraltar Mine and the Yellowhead and Aley projects in British Columbia, and Florence Copper in Arizona.
- Continued permitting and engineering progress at Florence Copper, which, with its innovative mining method, is poised to become one of the lowest greenhouse gas intensity copper operations in the world.
- Taseko's 2021 Environmental, Social, and Governance Report is available at tasekomines.com/esg.
Stuart McDonald
President and CEO
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. These included but are not limited to:
- uncertainties about the future market price of copper and the other metals that we produce or may seek to produce;
- changes in general economic conditions, the financial markets, inflation and interest rates and in the demand and market price for our input costs, such as diesel fuel, reagents, steel, concrete, electricity and other forms of energy, mining equipment, and fluctuations in exchange rates, particularly with respect to the value of the U.S. dollar and Canadian dollar, and the continued availability of capital and financing;
- uncertainties resulting from the war in Ukraine, and the accompanying international response including economic sanctions levied against Russia, which has disrupted the global economy, created increased volatility in commodity markets (including oil and gas prices), and disrupted international trade and financial markets, all of which have an ongoing and uncertain effect on global economics, supply chains, availability of materials and equipment and execution timelines for project development;
- uncertainties about the continuing impact of the novel coronavirus ("COVID-19") and the response of local, provincial, state, federal and international governments to the ongoing threat of COVID-19, on our operations (including our suppliers, customers, supply chains, employees and contractors) and economic conditions generally including rising inflation levels and in particular with respect to the demand for copper and other metals we produce;
- inherent risks associated with mining operations, including our current mining operations at Gibraltar, and their potential impact on our ability to achieve our production estimates;
- uncertainties as to our ability to control our operating costs, including inflationary cost pressures at Gibraltar without impacting our planned copper production;
- the risk of inadequate insurance or inability to obtain insurance to cover material mining or operational risks;
- uncertainties related to the feasibility study for Florence copper project (the "Florence Copper Project" or "Florence Copper") that provides estimates of expected or anticipated capital and operating costs, expenditures and economic returns from this mining project, including the impact of inflation on the estimated costs related to the construction of the Florence Copper Project and our other development projects;
- the risk that the results from our operations of the Florence Copper production test facility ("PTF") and ongoing engineering work including updated capital and operating costs will negatively impact our estimates for current projected economics for commercial operations at Florence Copper;
- uncertainties related to the accuracy of our estimates of Mineral Reserves (as defined below), Mineral Resources (as defined below), production rates and timing of production, future production and future cash and total costs of production and milling;
- the risk that we may not be able to expand or replace reserves as our existing mineral reserves are mined;
- the availability of, and uncertainties relating to the development of, additional financing and infrastructure necessary for the advancement of our development projects, including with respect to our ability to obtain any remaining construction financing potentially needed to move forward with commercial operations at Florence Copper;
- our ability to comply with the extensive governmental regulation to which our business is subject;
- uncertainties related to our ability to obtain necessary title, licenses and permits for our development projects and project delays due to third party opposition, particularly in respect to Florence Copper that requires one key regulatory permit from the U.S. Environmental Protection Agency ("EPA") in order to advance to commercial operations;
- our ability to deploy strategic capital and award key contracts to assist with protecting the Florence Copper project execution plan, mitigating inflation risk and the potential impact of supply chain disruptions on our construction schedule and ensuring a smooth transition into construction once the final permit is received from the EPA;
- uncertainties related to First Nations claims and consultation issues;
- our reliance on rail transportation and port terminals for shipping our copper concentrate production from Gibraltar;
- uncertainties related to unexpected judicial or regulatory proceedings;
- changes in, and the effects of, the laws, regulations and government policies affecting our exploration and development activities and mining operations and mine closure and bonding requirements;
- our dependence solely on our 75% interest in Gibraltar (as defined below) for revenues and operating cashflows;
- our ability to collect payments from customers, extend existing concentrate off-take agreements or enter into new agreements;
- environmental issues and liabilities associated with mining including processing and stock piling ore;
- labour strikes, work stoppages, or other interruptions to, or difficulties in, the employment of labour in markets in which we operate our mine, industrial accidents, equipment failure or other events or occurrences, including third party interference that interrupt the production of minerals in our mine;
- environmental hazards and risks associated with climate change, including the potential for damage to infrastructure and stoppages of operations due to forest fires, flooding, drought, or other natural events in the vicinity of our operations;
- litigation risks and the inherent uncertainty of litigation, including litigation to which Florence Copper could be subject to;
- our actual costs of reclamation and mine closure may exceed our current estimates of these liabilities;
- our ability to meet the financial reclamation security requirements for the Gibraltar mine and Florence Project;
- the capital intensive nature of our business both to sustain current mining operations and to develop any new projects, including Florence Copper;
- our reliance upon key management and operating personnel;
- the competitive environment in which we operate;
- the effects of forward selling instruments to protect against fluctuations in copper prices, foreign exchange, interest rates or input costs such as fuel;
- the risk of changes in accounting policies and methods we use to report our financial condition, including uncertainties associated with critical accounting assumptions and estimates; and Management Discussion and Analysis ("MD&A"), quarterly reports and material change reports filed with and furnished to securities regulators, and those risks which are discussed under the heading "Risk Factors".
For further information on Taseko, investors should review the Company's annual Form 40-F filing with the United States Securities and Exchange Commission www.sec.gov and home jurisdiction filings that are available at www.sedar.com, including the "Risk Factors" included in our Annual Information Form.
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SOURCE Taseko Mines Limited | https://www.mysuncoast.com/prnewswire/2022/05/30/taseko-issues-2021-environment-social-amp-governance-esg-report/ | 2022-05-30T22:22:20Z |
FLORENCE, Ala. (AP) — The U.S. Marshals Service said Sunday that it is offering up to $10,000 for information about an escaped inmate and a “missing and endangered” correctional officer who disappeared Friday after the two left a jail in north Alabama.
Casey Cole White, 38, had been jailed on a capital murder charge in the Lauderdale County Detention Center in Florence, Alabama, about 75 miles (121 kilometers) west of Huntsville.
The inmate and assistant director of corrections Vicky White, 56, left the Lauderdale County Detention Center on Friday morning to go to a nearby courthouse, the sheriff’s office said in a Facebookpost Saturday. Investigators said the two are not related.
“Casey White is believed to be a serious threat to the corrections officer and the public,” the U.S. marshal for northern Alabama, Marty Keely, said in a statement Sunday.
While in state prison for other crimes in 2020, Casey confessed to the 2015 stabbing death of Connie Ridgeway, WHNT-TV reported.
Vicky White has been with the department 16 years. At a news conference Friday, Singleton said she was armed when she left the jail with the inmate and headed to the courthouse for what she said was a mental health evaluation for Casey White. She was alone with the inmate, which the sheriff said violated department policy.
“Our policy is for any inmate with those kinds of charges to have two sworn deputies escort them. And that did not happen,” Singleton said.
Singleton also said there was no mental health evaluation for the inmate scheduled at the courthouse.
The vehicle the officer and the inmate were in when they left the detention center was found at a nearby shopping center parking lot, according to the sheriff’s office.
Vicky White also told co-workers she had a doctor’s appointment scheduled, which was confirmed but the office said the deputy never showed, the sheriff said. Officials said no one realized the two were missing until about six hours after they left the jail. Deputies tried to contact Vicky White but her phone repeatedly went to voicemail.
Singleton said his department was “aggressively investigating” the incident and would be looking into previous interaction between the two to “see if something else was going on.” Singleton told news outlets that Vicky White had turned in her retirement papers the day before she went missing.
The sheriff told AL.comon Sunday that there were no new developments in the investigation. The Associated Press called the sheriff’s office, but a phone message there said the office was closed Sunday.
The Marshals Service said Casey is 6 feet, 9 inches (2.06 meters) tall and weighs about 260 pounds (118 kilograms). He has brown hair and hazel eyes.
The Marshals Service said people with information about Casey White’s location or Vicky White’s disappearance can call the service at 1-800-336-0102. Anonymous tips may also be submitted through the U.S. Marshals Tip App. | https://cw33.com/news/u-s-news/ap-u-s-headlines/marshals-reward-for-info-on-escaped-inmate-missing-officer/ | 2022-05-01T20:34:56Z |
NEW YORK, June 17, 2022 /PRNewswire/ -- AES El Salvador Trust II bis, a trust formed under the laws of the State of New York (the "Issuer") today announced the expiration and final results of the previously announced offer to purchase for cash (the "Tender Offer") of any and all of its 6.750% Senior Guaranteed Notes due 2023, listed in the table below (the "Notes"), guaranteed by each of (i) Compañía de Alumbrado Eléctrico de San Salvador, S.A. de C.V. ("CAESS"), (ii) AES CLESA y Compañía, S. en C. de C.V. ("CLESA"), (iii) Empresa Eléctrica de Oriente, S.A. de C.V. ("EEO") and (iv) Distribuidora Eléctrica de Usulután, S.A. de C.V. ("DEUSEM" and, jointly with CAESS, CLESA and EEO, the "Guarantors" and the Guarantors, together with the Issuer, referred to herein as "we," or "us"). The Tender Offer for the Notes expired at 10:00 a.m., New York City time, on June 17, 2022 (the "Expiration Date") and the Issuer has accepted all Notes validly tendered as of the Expiration Date. Capitalized terms used in this announcement and not otherwise defined shall have the meanings assigned to them in the Issuer's Offer to Purchase and Consent Solicitation Statement, dated May 12, 2022 (as amended from time to time, the "Statement").
According to information received from Global Bondholder Services Corporation, the Tender, Solicitation and Information Agent for the Tender Offer and concurrent Solicitation, as of the Expiration Date, the Issuer received valid tenders and consents from holders of the Notes as outlined in the table below.
In respect of the Solicitation, the Issuer received the consent of holders for an aggregate principal amount representing 92.08% of the aggregate principal amount of the outstanding Notes and intends to execute a supplemental indenture so that the Proposed Amendments become effective once the Issuer pays the Total Consideration to tendering and consenting Holders on the Final Settlement Date, which is expected to occur on June 24, 2022. As described in the Statement, Holders of such Notes will receive the Total Consideration (as set forth in the table above), which includes the Early Tender Premium plus accrued and unpaid interest up to, but not including, the Final Settlement Date.
Full details of the terms and conditions of the Tender Offer and concurrent Solicitation are set forth in the Statement, which is available from the Information Agent.
J.P. Morgan Securities LLC ("J.P. Morgan") is the Dealer Manager and Solicitation Agent in the Tender Offer and concurrent Solicitation. Global Bondholder Services Corporation has been retained to serve as the Tender, Solicitation and Information Agent for the Tender Offer and concurrent Solicitation. Persons with questions regarding the Tender Offer and concurrent Solicitation should contact J.P. Morgan at (toll free) (866) 846-2874. To contact Global Bondholder Services Corporation, banks and brokers may call (212) 430-3774, and others may call U.S. toll-free: (855) 654-2015 or email contact@gbsc-usa.com.
None of the Issuer, any of the Guarantors, their respective board of directors, its officers, the dealer manager and solicitation agent, the tender and information agent or the trustees with respect to the Notes, or any of their respective affiliates, made any recommendation that holders tender or refrain from tendering all or any portion of the principal amount of their Notes and consent to the Proposed Amendments to the Indenture, and no one has been authorized by any of them to make such a recommendation. Holders made their own decision as to whether to tender their Notes and provide their Consent and, if so, the principal amount of Notes to tender in the Tender Offer and concurrent Solicitation.
This press release is not an offer to purchase or a solicitation of an offer to purchase with respect to any Notes or any other securities. The Tender Offer and concurrent Solicitation was made solely pursuant to the terms of the Statement. The Tender Offer and concurrent Solicitation was not made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. The Statement does not constitute a public offer to purchase in El Salvador or a public offer to purchase to any resident of El Salvador.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934 that are not based on historical facts and are not assurances of future results. These forward-looking statements are based on management's current expectations and estimates about future events and financial trends, which affect or may affect the Issuer's businesses and results of operations. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" and similar words are intended to identify estimates and forward-looking statements. These statements include but are not limited to forward-looking statements about the Tender Offer and concurrent Solicitation, including whether the Tender Offer and concurrent Solicitation are consummated in whole or in part. Although the Issuer believes that these forward-looking statements are based upon reasonable assumptions, these statements are subject to several risks and uncertainties and are made in light of information currently available to the Issuer. Estimates and forward-looking statements involve risks and uncertainties and are not guarantees of future performance. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations and the Issuer's future results may differ materially from those expressed in these estimates and forward-looking statements.
All forward-looking statements are expressly qualified in their entirety by this cautionary statement, and you should not place reliance on any forward-looking statement contained in this press release. The Issuer undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.
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SOURCE AES El Salvador Trust II bis | https://www.kxii.com/prnewswire/2022/06/18/aes-el-salvador-trust-ii-bis-announces-expiration-final-tender-results-its-offer-purchase-cash-any-all-its-outstanding-6750-senior-guaranteed-notes-due-2023-concurrent-consent-solicitation/ | 2022-06-18T02:04:33Z |
Canadian cannabis retailer, Star Buds Cannabis Co., brings in-app cannabis ordering and pickup to consumers in Barrie and Innisfil
TORONTO, June 8, 2022 /PRNewswire/ -- Star Buds Cannabis Co., a Canadian cannabis retailer, operating under CordovaCann Corp. (CSE:CDVA) (OTCQB:LVRLF) in Ontario, Alberta, Manitoba and British Columbia, has entered into a partnership with DoorDash Technologies Canada to launch cannabis pickup on the DoorDash Marketplace app. The initial launch will be across Star Buds locations in Barrie and Innisfil, Ontario, bringing the accessibility and convenience of online ordering and pickup of cannabis products to consumers outside of metropolitan areas.
Star Buds Cannabis Co. aims to be a leader in transforming the physical cannabis retail landscape by solving the in-store, digital and logistical challenges of making cannabis available to all adult consumers in the Canadian market. Beginning today, Star Buds Cannabis Co. will provide an inclusive and diverse range of cannabis products and accessories on the DoorDash Canada Marketplace app in the launch locations, for online ordering and pickup.
"We are excited to partner with DoorDash Canada and enable cannabis pickup on the platform for Star Buds locations. We look forward to growing the partnership in the coming months and bringing online cannabis ordering and pickup in locations where permitted," stated Taz Turner, Chairman and CEO, CordovaCann Corp, which owns Star Buds Cannabis Co. "The partnership will grow the business and brand of Star Buds Cannabis Co., exposing more customers to our strong product selection and excellent customer service."
Both Star Buds Cannabis Co. and DoorDash Canada strongly believe in keeping local goods local and the social impact this has on communities and neighbourhoods across the country. Both companies share a commitment of empowering local communities and strive to give back to their customers and vendors. Star Buds' philanthropic commitment aligns with DoorDash Canada's values, prompting the partnership. To date, Star Buds Cannabis Co. locations across Canada have donated to local charities such as the Christmas Cheer Toy Drive in Barrie, ON, and The Main Street Project in Winnipeg, MB.
CordovaCann Corp. is a Canadian-domiciled company focused on building a leading, diversified cannabis products business across multiple jurisdictions including Canada and the United States. Cordova primarily provides services and investment capital to the retail, processing and production vertical markets of the cannabis industry.
DoorDash Technologies Canada, Inc., a subsidiary of DoorDash Inc. is a technology company that connects consumers with their favorite businesses across Canada. 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.
Investor Relations:
Hayden IR
Brett Maas
brett@haydenir.com
(646) 536-7331
Investor Relations:
Mark Gundy
mark@cordovacann.com
(972) 240-1873
Company Contact:
Taz Turner
Chief Executive Officer
taz@cordovacann.com
(917) 843-2169
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SOURCE CordovaCann Corp. | https://www.mysuncoast.com/prnewswire/2022/06/08/star-buds-cannabis-co-partners-with-doordash-canada-launch-cannabis-pickup-ontario/ | 2022-06-08T13:51:37Z |
MIAMI, Fla., May 27, 2022 /PRNewswire/ - Cansortium Inc. (CSE: TIUM.U) (OTCQX: CNTMF) ("Cansortium" or the "Company"), a vertically-integrated cannabis company operating under the Fluent™ brand, is providing a bi-weekly default status report in accordance with National Policy 12-203 – Management Cease Trade Orders ("NP 12-203").
On May 2, 2022, the Company announced that it applied for a management cease trade order ("MCTO") with the Ontario Securities Commission ("OSC") in connection with the delay in filing of its audited annual financial statements for the year ended December 31, 2021, and related management discussion and analysis and CEO and CFO certificates (collectively, the "Annual Filings") by the prescribed filing deadline (the "Original Announcement"). The MCTO was issued on May 9, 2022 and restricts its Chief Executive Officer and Chief Financial Officer from trading in securities of the Company, whether direct or indirect, so long as there are filings that are outstanding under Ontario securities laws. The MCTO does not affect the ability of other shareholders, including the public, to trade in securities of the Company.
As previously stated in the Company's press releases dated May 9, 2022 and May 19, 2022, the Company will be delayed in filing the Annual Filings. The Company's management continues to work diligently to complete the Annual Filings, and at this time, the Company anticipates, but cannot assure, that the Annual Filings will be filed by June 8, 2022.
The Company also announces that the filing of its unaudited interim financial statements, management's discussion and analysis and related CEO and CFO certifications for the three-months ended March 31, 2022 (the "Interim Filings", and together with the Annual Filings, the "Required Documents"), will be delayed beyond the filing deadline of May 30, 2022 as a result in the delay in completing the Annual Filings. The Company expects the Interim Filings to be filed concurrently with the Annual Filings on June 8, 2022. The MCTO will remain in effect until two full business days following the receipt by the OSC of all filings the Company is required to make under Ontario securities law (including the Required Documents).
The Company confirms that since the date of the Original Announcement: (i) other than as described above, there has been no material change to the information set out in the Original Announcement that has not been generally disclosed; (ii) there has been no failure by the Company in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Company under NP 12-203; and (iv) there is no other material information concerning the affairs of the Company that has not been generally disclosed.
The Company confirms it will continue to satisfy the provisions of the alternative information guidelines set out in NP 12-203 so long as it remains in default of the requirement to file the Required Documents.
About Cansortium Inc.
Cansortium is a vertically-integrated cannabis company with licenses and operations in Florida, Pennsylvania, Michigan and Texas. The Company operates under the Fluent™ brand and is dedicated to being one of the highest quality cannabis companies for the communities it serves. This is driven by Cansortium's unrelenting commitment to operational excellence in cultivation, production, distribution and retail. The Company is headquartered in Miami, Florida.
Cansortium Inc.'s common shares trade on the CSE under the symbol "TIUM.U" and on the OTCQX Best Market under the symbol "CNTMF". For more information about the Company, please visit www.getfluent.com.
Forward-Looking Information
Certain information in this news release may constitute forward-looking information. In some cases, but not necessarily in all cases, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "targets", "expects" or "does not expect", "is expected", "an opportunity exists", "is positioned", "estimates", "intends", "assumes", "anticipates" or "does not anticipate" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates, and projections regarding future events.
Some of the forward-looking information contained in this press release include the duration of the MCTO and the Company's ability to complete the Required Documents and continue to satisfy the information guidelines set out in NP 12-203. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that may cause the actual filing time of the Required Documents to be materially different from the estimated future filing time or prevent us from complying with the requirements of NP 12-203 and the forward-looking statements are not guarantees of future performance. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
Company Contact
Robert Beasley, CEO
(850) 972-8077
investors.getfluent.com
Investor Relations Contact
Sean Mansouri, CFA
Elevate IR
(720) 330-2829
investors@cansortiuminc.com
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SOURCE Cansortium Inc | https://www.mysuncoast.com/prnewswire/2022/05/27/cansortium-provides-bi-weekly-mcto-status-update-update-regarding-interim-financial-statements/ | 2022-05-27T21:17:40Z |
Woman trying to retrieve phone goes over 68-foot waterfall, survives
WHITLEY COUNTY, Ky. (WKYT/Gray News) – A woman survived with no injuries after going over a waterfall in Kentucky while trying to retrieve her phone.
According to Whitley County Emergency Management, the 36-year-old woman was taking photos at Cumberland Falls State Park when she dropped her phone in the river Wednesday afternoon. When she tried to retrieve the phone, she was swept away by the current.
“We all want to get really close to something so beautiful, but I can see how easy it would be to misjudge how close you are to something like that,” Cumberland Falls visitor Tonya Scherf said.
Witnesses called 911 and told dispatchers a woman had fallen into the river and went over the waterfall, landing downstream.
When first responders arrived, they found the woman at the bottom of the waterfall. She was able to swim to rescuers and was pulled out of the water.
Officials said she was checked out by EMS at the scene and, shockingly, did not need to be taken to the hospital, as she was uninjured.
Located in southeastern Kentucky, Cumberland Falls is 68 feet high by 125 feet wide, reaching depths of up to 400 feet at the base of the falls.
Anthony Christie, the Whitley County Emergency Management director, credits the woman’s ability to swim with saving her life.
“If she didn’t know how to swim, it probably would have been a different outcome,” Christie said.
Officials said the woman breached the security gate to get a closer look at the falls, and they are reminding visitors to stay behind the barricade for safety reasons.
Visitors who disobey safety rules can be fined. Officials did not say if the woman who went over the falls would be fined.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/09/woman-trying-retrieve-phone-goes-over-68-foot-waterfall-survives/ | 2022-09-09T17:36:10Z |
Employee narrowly avoids scam which would have cost hotel $130,000, officials say
HONOLULU (HawaiiNewsNow/Gray News) – A hacker is accused of nearly swindling a hotel out of more than $130,000, according to police.
They said the attempted scam started with a phone call.
Hawaii police said the alleged scammer called Kaimana Beach Hotel about 10:30 p.m. Friday. When a front desk employee answered, the scammer said he was with the hotel’s IT company.
HawaiiNewsNow reports the worker was alone at the front desk.
The scammer reportedly told the employee he needed to perform maintenance on the hotel’s computer system and convinced the employee to give him remote access.
The worker then said they noticed multiple credit card transactions had been made attempting to transfer more than $130,000 out of the hotel’s account.
Despite this type of scam being common, retired FBI special agent Tom Simon said this particular case stands out.
“The dollar amount is pretty staggering,” he said.
Simon said the scheme is known as pretexting, which is where a scammer will use an invented scenario to trick the victim into divulging sensitive information. In this case, the scammer wanted access to the computer system.
“It’s important for the hackers to create a sense of urgency so the victims feel pressure to act immediately without looping their bosses in,” Simon said. “And I think that’s what went wrong this time.”
The worker cut the scammer’s access immediately after realizing something was wrong.
In a statement, a hotel spokesperson confirmed it was able to stop the transactions, saying, “No funds were lost.”
“I can’t stress enough how important training is to make sure all the frontline employees of a company know they should never give sensitive information out no matter how much pressure the person on the phone is putting on you,” Simon said.
As for catching these types of criminals, Simon said law enforcement has two options.
“One is the IP address, or digital fingerprint, that they left behind when they accessed the system,” he said. “And the other is my expertise, and that’s following the money to see who benefits economically from this threat.”
Meanwhile, the investigation continues. Hawaii police said there have been no arrests.
Copyright 2022 KHNL/KMGB via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/28/employee-narrowly-avoids-scam-which-would-have-cost-hotel-130000-officials-say/ | 2022-08-28T23:56:39Z |
Wallaby on the loose in Brewster area
BREWSTER – A wallaby has been hopping around the Brewster area this weekend, after first being spotted Thursday.
"We have confirmed there is one," village Police Chief Nathan Taylor said Sunday. "What I have heard from people who know a lot more about kangaroos than me, it is a wallaby. We have all seen it. He was out running around at about 3:30 (a.m. Sunday). He was on the north side of town in a wooded area."
The animal was first misidentified as a kangaroo. While the two animals are related, a wallaby is smaller than a kangaroo. It is native to Australia.
More wallaby news:Dozens of wallabies in Australia are dying mysteriously. Some fear poisoning
Some people with expertise in rounding up stray animals were scheduled to come to Brewster to assist with capturing the wallaby.
"We heard about it last night (Saturday)," Sugar Creek Township Trustee Robert Wentling said. "As far I know it supposedly came from a property near Stanwood (Street SW). That would be in Tuscarawas Township."
Sugar Creek Township surrounds Brewster in the southwest corner of Stark County.
It's unclear who owns the wayward wallaby.
"We have had no one come forward at this time and say they lost their kangaroo (wallaby)," Taylor said Sunday afternoon. "The main thing we are telling people is don't approach it. We don't know how they would act if cornered. We have a team that is coming in and said they would help capture it. I contacted them. We want to do this as humanely as possible." | https://www.cantonrep.com/story/news/local/stark-county/2022/08/14/wallaby-on-the-loose-in-brewster/65403072007/ | 2022-08-14T23:07:29Z |
The partnership offers Toyota Tsusho customers access to state-of-the-art quantum solutions
TEL AVIV, Israel and TOKYO, July 5, 2022 /PRNewswire/ -- Quantum Machines, the provider of breakthrough quantum control solutions that accelerate the development and implementation of quantum computers, and Toyota Tsusho Corporation (Toyota Tsusho), a member of the Toyota Group, delivering to countries around the world a diverse range of products and services, today announced a partnership to offer Japanese customers cutting edge quantum technologies. The partnership will enable Toyota Tsusho customers to integrate comprehensive quantum technologies and build quantum capabilities for the future.
QM and Toyota Tsusho will present at the Q2B Conference taking place at The Westin Tokyo, July 13-14, 2022.
The emergence of quantum computing will revolutionize many industries including mobility and transportation, chemical materials, finance, and more. Today, the pace and quality of quantum development are constrained by the need to constantly reprogram and repurpose hardware that wasn't designed with the specific needs of quantum computing in mind.
Quantum Machines (QM) has established itself as the leading provider of control and operation systems - the actual "brain" within quantum computers. The company's Quantum Orchestration Platform (QOP) comprises the most advanced classical hardware and software for the control and operation of multi-qubit quantum processors. QM's OPX+ can support any existing QPU architecture and enables users to execute even the most challenging quantum algorithms right out of the box.
An early promoter of quantum technologies, Toyota Tsusho has been developing businesses utilizing quantum computers since 2017. The partnership combines Toyota Tsusho's unique understanding of their customer ecosystem with QM's quantum computing expertise to provide access to innovative quantum control solutions that support their long-term goals and quantum computing aspirations.
"Quantum technologies hold immense potential for the future of many industries, but not every company has the capacity to develop the infrastructure to support their quantum computing ambitions," said Dr. Itamar Sivan, Co-founder and CEO of Quantum Machines. "Our partnership with Toyota Tsusho will enable organizations to take advantage of quantum technologies to develop new quantum-based solutions that disrupt their industries, without the need to reinvent the wheel, dramatically shortening the time to market."
"Our goal is to constantly provide our customers with new technologies and value propositions," said Mr. Kazunori Mori, a general manager at Toyota Tsusho. "Partnering with Quantum Machines is a natural fit for our mission and will provide our customers with access to crucial quantum computing technologies that have the potential to reshape entire industries moving forward."
About Toyota Tsusho
Toyota Tsusho Corporation was founded in 1948 as the trading company for the Toyota Group. Today, Toyota Tsusho operates in more than 130 countries with approximately 65,000 Group employees, all striving to contribute to the creation of prosperous societies. Toyota Tsusho continues to expand as a global leader in vehicle exports and automobile production support. The company has seven operating divisions (Metals/ Global Parts & Logistics/ Automotive/ Machinery, Energy & Project/ Chemicals & Electronics/ Food & Consumer Services/ Africa) focused around three business fields. These are the Mobility field, which contributes to future convenient societies, the Resources & Environment field, which ensures sustainable societies, and the Life & Community field, which supports comfortable and healthy lifestyles.
About Quantum Machines
Quantum Machines (QM) drives quantum breakthroughs that accelerate the path towards the new age of quantum computing. The company's Quantum Orchestration Platform (QOP) fundamentally redefines the control and operations architecture of quantum processors. The full-stack hardware and software platform is capable of running even the most complex algorithms right out of the box, including quantum error correction, multi-qubit calibration, and more. Helping achieve the full potential of any quantum processor, the QOP allows for unprecedented advancement and speed-up of quantum technologies as well as the ability to scale into the thousands of qubits. Visit us at: www.quantum-machines.co
Media Contact:
Gavriel Cohen
gavriel@westraycommunications.com
+914-336-4633
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SOURCE Quantum Machines | https://www.kxii.com/prnewswire/2022/07/05/toyota-tsusho-partners-with-quantum-machines-provide-quantum-solutions-japanese-market/ | 2022-07-05T10:03:15Z |
Trump, fighting contempt fines, says he doesn’t have records
NEW YORK (AP) — Donald Trump’s lawyers, seeking to reverse their client’s $10,000-per-day contempt fine, provided a New York judge Friday with an affidavit in which the former president claims he didn’t turn over subpoenaed documents to the state attorney general’s office because he doesn’t have them.
The judge, though, was unmoved and refused to lift sanctions he imposed on Trump on Monday. Judge Arthur Engoron criticized the lack of detail in Trump affidavit, which amounted to two paragraphs, saying that he should have explained the methods he uses to stores his records and efforts he made to locate the subpoenaed files.
In the affidavit, which bore Trump’s signature and Wednesday’s date, the former president said that documents sought in Attorney General Letitia James’ civil investigation into his business dealings weren’t in his personal possession. Trump, who is appealing the contempt ruling, said he believed any documents would be in the possession of his company, the Trump Organization.
In other affidavits, Trump lawyers Alina Habba and Michael Madaio detailed steps they took to locate documents in the Dec. 1 subpoena, including meeting with Trump last month at Mar-a-Lago in Florida and reviewing prior searches of his company’s files.
Andrew Amer, a lawyer for the attorney general’s office, said in a court filing that while the affidavits “provide some additional information” about Trump’s efforts to comply with the subpoena, more extensive searches were needed — including of Trump Tower, his residences and electronic devices — before the judge should consider reversing the contempt finding.
Frank Runyeon, a reporter for the legal publication Law360, said that Engoron held an impromptu hearing Friday, without a court stenographer, in which he addressed the affidavits from Trump and his lawyers and ruled to keep the contempt fine in place.
Runyeon, one of the few members of the news media to attend the unadvertised hearing, reported that Engoron was insistent that Trump provide the “who, when, where, what” of his search, with the judge asking at one point: “Where did he keep files? I assume it wasn’t all in his head.”
Habba filed a notice of appeal Wednesday with the appellate division of the state’s trial court seeking to overturn Engoron’s contempt ruling. Trump is also challenging Engoron’s Feb. 17 ruling requiring that he answer questions under oath. Oral arguments in that appeal are scheduled for May 11.
James, a Democrat, has said that her investigation has uncovered evidence that Trump may have misstated the value of assets like skyscrapers and golf courses on his financial statements for more than a decade. Her Dec. 1 subpoena sought numerous documents, including paperwork and communications pertaining to his financial statements and various development projects.
James asked Engoron to hold Trump in contempt after he failed to produce any documents by a March 31 court deadline. In his ruling, Engoron said that Trump and his lawyers not only failed to meet the deadline, but also failed to document the steps they had taken to search for the documents, as required under case law.
Trump, a Republican, is suing James in federal court in an effort to stop her investigation. Oral arguments in that matter are scheduled for May 13.
Trump recently labeled her an “operative for the Democrat Party” and has said in written statements that her investigation and a parallel criminal probe overseen by Manhattan District Attorney Alvin Bragg, another Democrat, are “a continuation of the greatest Witch Hunt of all time.”
Bragg said this month that the 3-year-old criminal investigation he inherited in January from his predecessor, Cyrus Vance Jr., is continuing “without fear or favor” despite a recent shakeup in the probe’s leadership. Trump’s lawyers contend that James is using her civil investigation to gain access to information that could then be used against him in the criminal probe.
So far, the district attorney’s investigation has resulted only in tax fraud charges against the Trump Organization and its longtime finance chief, Allen Weisselberg, relating to lucrative fringe benefits such as rent, car payments and school tuition. The company and Weisselberg have pleaded not guilty.
___
Follow Michael Sisak on Twitter at twitter.com/mikesisak
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/29/trump-fighting-contempt-fines-says-he-doesnt-have-records/ | 2022-04-29T21:12:12Z |
Video shows deadly police shooting of Michigan man during a traffic stop
By Omar Jimenez, Elizabeth Joseph, Steve Almasy and Tiffany Anthony, CNN
Police in Grand Rapids, Michigan, on Wednesday released several videos of an officer’s encounter with Patrick Lyoya earlier this month, including two that show the fatal shot during a struggle after a traffic stop.
The department released video from a police body camera, a police unit’s dashcam, cell phone and a home surveillance system as officials answered reporters’ questions at a news conference about the deadly April 4 incident.
Police said before the news conference that neither the videos nor audio were edited. Some video images were redacted or blurred to ensure privacy.
Police Chief Eric Winstrom said the officer will not be identified publicly unless there are criminal charges. The officer is on paid leave and his police powers were suspended, the chief said. Michigan State Police are conducting a criminal investigation.
Civil rights attorney Benjamin Crump — who has represented high-profile victims of police violence — has been retained by the Lyoya family and pushed for the officer to be fired and charged.
“The video clearly shows that this was an unnecessary, excessive, and fatal use of force against an unarmed Black man who was confused by the encounter and terrified for his life,” Crump said.
There have been multiple protests and rallies on behalf of Lyoya. On Tuesday evening, dozens of people called for justice as they rallied outside a City Commission meeting.
City officials said Wednesday they had taken “precautionary measures” around police headquarters in advance of expected demonstrations.
What the videos show
The incident began just after 8 a.m. CT on April 4, when a police officer pulled over a vehicle for improper registration, authorities said. The officer has been with the department for seven years, according to police.
Lyoya, who was driving, gets out to talk to the officer, videos show.
The videos include the approximately two minute and 40 second interaction, which begins with the officer walking toward the car. Lyoya is seen exiting the vehicle and is instructed by the officer to “get back in the car … dude, I’m stopping ya, do you have a license? Do you have a license?”
“For what?” Lyoya responds.
“I’m stopping ya, do you have a license? Do you have a driver’s license, do you speak English?” he asks.
Lyoya confirms he speaks English and says his license is in the car. He opens the driver’s side front door and speaks to an unidentified passenger in the car.
He then shuts his door, turns his back to the officer and appears to walk toward the front of the car.
“No, no, no, stop, stop,” the officer is heard saying, and puts his hands on Lyoya’s shoulder and back.
Lyoya is seen resisting the officer’s touch and quickly backs away from the officer, running away from him before the officer tackles him to the ground.
The audio of Lyoya speaking is indistinguishable, but as he continues to resist arrest, the officer is repeatedly heard saying, “Stop,” and, “Stop resisting.”
The video shows Lyoya getting up and standing, the officer drawing and then deploying a Taser. Winstrom told reporters the Taser was deployed twice during the confrontation but the prongs didn’t hit Lyoya.
“Let go of the Taser,” the officer is heard saying on his body cam video.
At this point, the officer’s body worn camera was deactivated. Winstrom said it takes pushing a button for three seconds to turn off the body camera and he thought pressure from Lyoya’s body caused the deactivation.
Another angle of the incident, taken from a neighborhood home surveillance camera, captures the rest of the altercation.
After the officer says, “Let go of the taser,” the two continue to wrestle on the front lawn of an unidentified residence. Roughly 90 seconds later, the officer is heard yelling, “Let go of the Taser,” followed by, “Drop the taser.”
While the video is taken from a distance, less than three seconds later, the officer is heard shooting Lyoya, according to audio from the video. The cell phone video also shows the fatal shot.
Lyoya was shot in the head, the chief said.
When asked by CNN what police officers are trained to do in these situations, the chief said: “Typically the answer is that you’re trying to place him in custody. … You’re trying to secure that individual.
“The follow-up question, I’m sure, will be was the use of force in policy, and I’m not going to comment on that. But the test is going to be whether, in the view of a reasonable police officer, whether that deadly force was needed to prevent death or great bodily harm to that officer.”
Winstrom said he had spoken to the officer, who the chief said was in shock.
Family came to US in 2014
The Lyoya family moved from the Democratic Republic of Congo to the US in 2014, and has been working with their representative, Pastor Israel Siku, since Patrick’s death. Siku’s first language is Swahili and he also acts as an interpreter for the Lyoyas.
He told CNN he was with Lyoya’s father, just days after the shooting, when they were invited by police to review the video of the shooting.
Siku described the father’s reaction to seeing the video: “He melt(ed) down, he didn’t have anything to say. He almost passed out.”
At a community forum Sunday, Siku told a church full of people, “I saw the video, I could not sleep.”
“The boy was on the floor, the cop as he lays on him, pulls up the gun and shoots him in the head and back up. Patrick did not move,” he added.
Michigan State Police investigating
Michigan State Police said once the investigation is completed, the evidence will be turned over to the county prosecutor who will decide on charges.
Kent County Prosecuting Attorney Christopher Becker asked for patience from the public.
“The Michigan State Police independent investigation into the incident is not complete. This is an extremely critical incident, and one that everyone involved in the investigation is taking very seriously,” he said Wednesday in a statement.
“…while the videos released today are an important piece of evidence, they are not all of the evidence… By law, we are required to review all available evidence before we consider whether charges should be filed, and if so, what appropriate charges should be,” he said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-national/2022/04/13/police-in-grand-rapids-michigan-release-video-of-the-deadly-shooting-during-a-traffic-stop/ | 2022-04-14T00:40:19Z |
Four Million Americans, Including nearly 218,000 Pennsylvanians, Signed AARP Petition Calling on Congress to Act
HARRISBURG, Pa., April 7, 2022 /PRNewswire/ -- Today, AARP Pennsylvania State Director Bill Johnston-Walsh joined Senator Bob Casey virtually to highlight the need for Congress to lower prescription drug prices and deliver a petition signed by nearly 218,000 Pennsylvanians calling for Congress to act now and stop unfair drug prices. AARP has called for fair drug prices for years and supports legislation that passed the House in November. The legislation would allow Medicare to negotiate drug prices, cap out-of-pocket costs that older adults pay for their prescription drugs, and impose penalties on drug companies that raise prices faster than the inflation rate.
"Americans are fed up with paying three times what people in other countries pay for the same drugs. More than four million people across the country, including nearly 218,000 Pennsylvanians, are joining AARP to demand lower prices for prescription drugs," said Johnston-Walsh. "There will never be a better time to lower prices than the historic opportunity in front of Congress. Now is the time to get it done!"
Lowering prescription drug prices has widespread support among voters, regardless of party affiliation. An AARP survey of voters found that most voters want Congress to act on the issue, with 70% saying it is very important. The survey also found that 87% of voters support allowing Medicare to negotiate prescription drug prices.
"Across generations, Americans are struggling to afford life-sustaining medications. No one should have to skip doses or go into debt because of their prescription drug costs, especially older Americans. I thank AARP Pennsylvania for their steadfast advocacy to lower drug prices for older adults," said Senator Casey. "I support reforms to improve affordability of prescription drugs—including granting Medicare the authority to negotiate prescription drug prices—and I will continue to work with my colleagues in Congress to advance policies to reduce Medicare drug costs for seniors."
More information about AARP's Fair Drug Prices campaign can be found at aarp.org/rx.
About AARP
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 - including 1.8 million Pennsylvanians - 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 or follow @AARP and @AARPadvocates on social media.
CONTACT:
TJ Thiessen
tthiessen@aarp.org
202-434-2396
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SOURCE AARP Pennsylvania | https://www.mysuncoast.com/prnewswire/2022/04/07/aarp-pennsylvania-senator-casey-speak-out-about-need-lower-prescription-drug-prices/ | 2022-04-08T01:28:27Z |
Buffalo shooting: Sites yank videos faster than they used to, but not by much
NEW YORK (AP) — Social platforms have learned to remove violent videos of extremist shootings more quickly over the past few years. It’s just not clear they’re moving quickly enough.
Police say that when a white gunman killed 10 people and wounded three others — most of them Black — in a “racially motivated violent extremist” shooting in Buffalo Saturday, he livestreamed the attack to the gaming platform Twitch, which is owned by Amazon. It didn’t stay there long; a Twitch spokesperson said it removed the video in less than two minutes.
That’s considerably faster than the 17 minutes Facebook needed to take down a similar video streamed by a self-described white supremacist who killed 51 people in two New Zealand mosques in 2019. But versions of the Buffalo shooting video still quickly spread to other platforms, and they haven’t always disappeared quickly.
In April, Twitter enacted a new policy on “perpetrators of violent attacks” to remove accounts maintained by “individual perpetrators of terrorist, violent extremist, or mass violent attacks,” along with tweets and other material produced by perpetrators of such attacks. On Sunday, though, clips of the video were still circulating on the platform.
One clip purporting to display a first-person view of the gunman moving through a supermarket firing at people was posted to Twitter at 8:12 a.m. Pacific time, and was still viewable more than four hours later.
Twitter said Sunday it was working to remove material related to the shooting that violates its rules. But the company added that when people share media to condemn it or provide context, sharing videos and other material from the shooter may not be a rules violation. In these cases, Twitter said it covers images or videos with a “sensitive material” cover that users have to click through in order to view them.
But later Sunday, Twitter changed course on how it was treating material related to the shooting. In a subsequent emailed statement, the company said it is “removing videos and media related to the incident” and “may remove” tweets disseminating the shooter’s writings. Earlier, the company’s statement said it “may” remove material produced by perpetrators.
GRAPHIC WARNING: Videos in this story may contain disturbing content.
“We believe the hateful and discriminatory views promoted in content produced by perpetrators are harmful for society and that their dissemination should be limited in order to prevent perpetrators from publicizing their message,” Twitter said in a statement.
At a news conference following the attack, New York Gov, Kathy Hochul said social media companies must be more vigilant in monitoring what happens on their platforms and found it inexcusable the livestream wasn’t taken down “within a second.”
“The CEOs of those companies need to be held accountable and assure all of us that they’re taking every step humanly possible to be able to monitor this information,” Hochul said Sunday on ABC’s “This Week.” “How these depraved ideas are fermenting on social media – it’s spreading like a virus now.”
Hochul said she holds companies responsible for “fomenting” racist views. “People are sharing these ideas. They’re sharing videos of other attacks. And they’re all copycat. They all want to be the next great white hope that’s going to inspire the next attack,” she said on NBC’s “Meet the Press.”
A law enforcement official told The Associated Press that investigators were also looking into a diatribe the gunman posted online, which purports to outline the attacker’s racist, anti-immigrant and anti-Semitic beliefs, including a desire to drive all people not of European descent from the U.S.
Police said the suspected gunman, identified as Payton Gendron, of Conklin, New York, shot 11 Black and two white victims in a Buffalo supermarket, echoing a deadly attack in a German synagogue that was also streamed on Twitch in October 2019.
Twitch is popular among video game players and has played a key role in boosting the spread of esports. A company spokesperson said the company has a “zero-tolerance policy” against violence. So far, the company hasn’t revealed details around the user page or the livestream, including how many people were watching it. The spokesperson said the company has taken the account offline and is monitoring any others who might rebroadcast the video.
In Europe, a senior European Union official with oversight of digital affairs for the 27-nation bloc said Sunday that the livestreaming on Twitch showed the need for administrators to continue working with online platforms so that any future broadcasts of killings can be quickly shut down.
But Margrethe Vestager, who is an executive vice-president of the European Commission, also said it would be a stiff challenge to stamp out such broadcasts completely.
“It’s really difficult to make sure that it’s completely waterproof, to make sure that this will never happen and that people will be closed down the second they would start a thing like that. Because there’s a lot of livestreaming which, of course, is 100% legitimate,” she said an interview with The Associated Press.
“The platforms have done a lot to get to the root of this. They are not there yet,” she added. “But they keep working and we will keep working.”
Meta, which owns Facebook and Instagram, said Sunday that it quickly designated the shooting as a “terrorist attack” on Saturday, which triggered an internal process that identifies the suspect’s account, as well as copies of his writings and any copy of or link to video of his attack.
The company said it has removed the video of the shooting from the platform and added that instances of it still being shared are through links to streaming sites. These links, in turn, are blocked and “blackholed” by the company, meaning they can’t be uploaded again.
But new links created as people upload copies to outside sites would have to be individually blocked in a game of cat and mouse — unless the company choses to block an entire streaming site from its platform, which is unlikely.
Jared Holt, a resident fellow at Atlantic Council’s Digital Forensic Research Lab, said live-content moderation continues to be a big challenge for companies. He noted Twitch’s response time was good and the company was smart to watch their platform for potential re-uploads.
“It would behoove other video hosting platforms to also be aware of this content to the extent that it may have been recorded - may also be republished on their own products,” Holt said.
__
AP technology reporter Barbara Ortutay contributed to this story from Oakland, Calif.; AP reporter John Leicester contributed from Paris.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/16/buffalo-shooting-sites-yank-videos-faster-than-they-used-not-by-much/ | 2022-05-16T14:41:49Z |
- The Deere & Company Board of Directors has elected Ryan Campbell as President, Worldwide Construction & Forestry and Power Systems effective May 31.
- Deere also announced the election of Raj Kalathur as the company's Chief Financial Officer
MOLINE, Ill. , May 31, 2022 /PRNewswire/ -- Deere & Company (NYSE: DE) announced that its Board of Directors elected Ryan Campbell as President, Worldwide Construction & Forestry and Power Systems effective May 31. He is succeeding John Stone, who has elected to leave the company.
In his new role, Campbell will be leading the Construction & Forestry team to increase the adoption of precision technology in earthmoving, forestry and roadbuilding applications, as well as delivering a broad range of electric and hybrid-electric product models – all with a goal to boost economic value and sustainability for customers. Campbell will additionally be leading the company's commitment to deliver viable low/no carbon alternative power solutions via Deere's Power Systems group.
Throughout his tenure, Campbell has spearheaded initiatives focused on enhancing Deere's profitability and strategic positioning, developing future leaders, and has been an unrelenting advocate for driving higher levels of commitment to economic and environmental sustainability through Deere's digitalization journey.
"Ryan's record of success and proven leadership skills make him highly qualified to ensure we will make continued progress executing our smart industrial strategy and in serving our construction, forestry and power systems customers at the highest level," said John C. May, Chairman and Chief Executive Officer.
Deere also announced the election of Raj Kalathur as the company's Chief Financial Officer. He will retain his present duties for John Deere Financial and have continued oversight for information technology. His areas of responsibility as CFO include accounting and reporting, treasury, taxes, internal audit, strategy and business development, sustainability, and investor relations.
Prior to assuming his current role, Kalathur was President, John Deere Financial and Chief Information Officer (CIO) where he led the team responsible for ensuring that John Deere equipment customers throughout the world have ready access to competitive financing. Under Kalathur's leadership, the John Deere Financial loan portfolio has grown to over $50 billion. In addition, Kalathur served as CIO and successfully helped lead the company's digitalization journey. His CIO responsibilities will now be led by Ganesh Jayaram who has been appointed as the Chief Information Officer, effective May 31.
"The leadership changes announced today reflect the depth of talent on our senior management team and ensure we will make continued progress executing our smart industrial strategy," said May.
Deere & Company (www.JohnDeere.com) is a global leader in the delivery of agricultural, construction, and forestry equipment. We help our customers push the boundaries of what's possible in ways that are more productive and sustainable to help life leap forward. Our technology-enabled products including John Deere Autonomous 8R Tractor, See & Spray™, and E-Power Backhoe are just some of the ways we help meet the world's increasing need for food, shelter, and infrastructure. Deere & Company also provides financial services through John Deere Financial.
For more information on Deere & Company, visit us at www.deere.com/en/news/.
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SOURCE Deere & Company | https://www.mysuncoast.com/prnewswire/2022/05/31/deere-announces-senior-leadership-changes-including-ryan-campbell-president-worldwide-construction-amp-forestry-raj-kalathur-cfo/ | 2022-05-31T13:44:21Z |
QINGDAO, China, Aug. 29, 2022 /PRNewswire/ -- According to the latest data released by market research agency Omdia, Hisense TV ranked second in worldwide volume share of shipment in the Q2 of 2022, only nexy to Samsung; Worldwide volume share and worldwide revenue share of Hisense TV ranked first among Chinese brands, and continue to lead.
Regardless, under the downfall of the TV market, Hisense, through its superb technology and high-quality products, has maintained continuous growth in the global TV market. According to Omdia, Hisense TV's volume share of shipment reaches 12.1%, ranked Top 2 worldwide volume share of shipment in Q2 2022, and ranked 1st among Chinese brands in worldwide volume share and worldwide revenue share, consistently emerging as an industry leader in the TV industry.
Hisense Global TV Shipments Expected to Exceed 20 Million Units This Year
Hisense expects its Global TV shipments to exceed 20 million units in 2022, of which shipments to the PRC market will account for 35% and 65% to overseas markets.
Leading products and advanced technologies enhanced the enterprise's technology and product competitiveness within the market. Hisense TV's global success isn't a coincidence, but a reflection of Hisense's technical strength, brand capability, and innovation. As Hisense TVs continue to gain more industry and consumer recognition in the global market, it has accelerated Hisense's globalization process. Under Hisense's initiative, the large-screen and premium TV industry is witnessing tremendous growth on a global scale.
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SOURCE Hisense | https://www.kxii.com/prnewswire/2022/08/29/hisense-tvs-volume-share-shipment-ranked-top-2-worldwide-maintaining-growth-3-consecutive-years/ | 2022-08-29T12:57:25Z |
Pulitzer Prizes award Washington Post for Jan. 6 coverage
NEW YORK (AP) — The Washington Post won the Pulitzer Prize in public service journalism Monday for its coverage of the Jan. 6 insurrection at the U.S. Capitol, an attack on democracy that was a shocking start to a tumultuous year that also saw the end of the United States’ longest war, in Afghanistan.
The Post’s extensive reporting, published in a sophisticated interactive series, found numerous problems and failures in political systems and security before, during and after the Jan. 6, 2021, riot in the newspaper’s own backyard. The insurrection also garnered an award for Getty Images, which won one of two prizes awarded in breaking news photography.
The U.S. pullout and resurrection of the Taliban’s grip on Afghanistan permeated across categories: The other prize awarded in breaking news photography went to Los Angeles Times correspondent and photographer Marcus Yam, for work related to the fall of Kabul. The New York Times won in the international reporting category for reporting challenging official accounts of civilian deaths from U.S. airstrikes in Syria, Iraq and Afghanistan.
The Pulitzer Prizes, administered by Columbia University and considered the most prestigious in American journalism, recognize work in 15 journalism categories and seven arts categories. This year’s awards, which were livestreamed, honored work produced in 2021. The winner of the public service award receives a gold medal, while winners of each of the other categories get $15,000.
The intersection of health, safety and infrastructure played a prominent role among the winning projects.
The Tampa Bay Times won the investigative reporting award for “Poisoned,” its in-depth look into a polluting lead factory. The Miami Herald took the breaking news award for its work covering the deadly Surfside condo tower collapse, while The Better Government Association and the Chicago Tribune won the local reporting award for “Deadly Fires, Broken Promises,” the watchdog and newspaper’s examination of a lack of enforcement of fire safety standards.
“As a newsroom, we poured our hearts into the breaking news and the ongoing daily coverage, and subsequent investigative coverage, of the Champlain Towers South condominium collapse story,” The Miami Herald’s executive editor, Monica Richardson, wrote in a statement. “It was our story to tell because the people and the families in Surfside who were impacted by this unthinkable tragedy are a part of our community.”
Elsewhere in Florida, Tampa Bay Times’ editor and vice president Mark Katches mirrored that sentiment, calling his newspaper’s win “a testament to the importance of a vital local newsroom like the Times.”
The Pulitzer Prizes also awarded a special citation to journalists of Ukraine, acknowledging their “courage, endurance and commitment” in covering the ongoing Russian invasion that began earlier this year. Last August, the Pulitzer board granted a special citation to Afghan journalists who risked their safety to help produce news stories and images from their own war-torn country.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/09/pulitzer-prizes-award-washington-post-jan-6-coverage/ | 2022-05-09T20:49:15Z |
The 70-year-old suspected gunman in a shooting that killed three people at an Alabama church sat by himself drinking liquor, rejecting offers to join the others gathered at the potluck dinner, before gunfire shattered the peace of the evening, a survivor recalled.
“It felt like he was disengaged,” Susan Sallin, 73, said. Sallin was seated at the same table at the “Boomers Potluck” with the three people who died in the Thursday night shooting at St. Stephen’s Episcopal Church in Vestavia Hills, Alabama.
The suspected gunman had previously attended church services and a few church gatherings for people of the Baby Boomer generation and older, but didn’t seem to interact much with others, she said. That night, he sat at a table by himself. While wine was available at the potluck, he was drinking from what appeared to be a small bottle of Scotch, and shunned invitations to join the others.
“I personally invited him to come and sit at our table twice because I wanted him to feel a sense of inclusion, but he did not come,” Sallin said. She said a woman, whose husband would be killed moments later in the shooting, “realized he had not fixed himself a plate and went up and offered to make him a plate.” He declined that as well.
Robert Findlay Smith, 70, is charged with capital murder in the shooting that killed three people. Walter Bartlett Rainey, 84, Sarah Yeager, 75, of Pelham, and another woman were killed in the shooting. Police did not release the name of the third victim, but friends referred to her as Jane.
The gathering was joyful, as the friends — who had not been able to gather as much during the pandemic — chatted about the food before them that night, their favorite cars and other light-hearted topics. Sallin said she doesn’t remember hearing any arguing or heated conversation before the gunfire suddenly erupted.
“I heard this loud metallic sound, and I thought a metal chair had fallen over on the floor. And then there was another sound, and another sound, and I realized it was a gun,” she recalled. “People were diving for the floor. I was diving for the floor. When I got down to the floor, I realized that two of my girlfriends who were sitting at the table with me had been hit.”
Sallin said she crawled across the floor to reach her friends. “I was trying to calm them and pat them and tell them, ‘You are not alone. You are not alone.’ That’s the message that I wanted them to get.”
Nearby, Linda Foster Rainey cradled her husband. According to a family statement, “he died in her arms while she murmured words of comfort and love into his ears.”
Sallin said one of the men in the group, who is also in his 70s, was able to subdue the gunman. “I did see him get the gun out of the man’s hand and hit him on the head with the gun,” she said.
The Rev. Doug Carpenter, St. Stephen’s pastor for three decades before he retired in 2005, said he understood the man hit the gunman with a folding chair before wrestling him to the ground and taking the gun.
“The person that subdued the suspect, in my opinion, was a hero,” Vestavia Hills police Capt. Shane Ware told reporters a news conference Friday, saying that act was “extremely critical in saving lives.”
The church had been closed off for several days as a crime scene, but the congregation returned Sunday for worship services with a message of choosing love over hate.
The Rev. John Burruss, the rector of St. Stephen’s, invoked the Christian story of the last supper, where Jesus invited the friend who would ultimately betray him.
“There is not a doubt in my mind that Bart and Sharon and Jane would invite their Judas again and again to sit down and share a meal, because they knew God’s unconditional love,” he said, using the first names that the three victims went by.
“It was their guiding ethic and they fully embodied it. … They taught us that all are welcome at the table,” Burruss said. | https://cw33.com/news/u-s-news/ap-us-headlines/church-shooting-survivor-gunman-disengaged-sat-alone/ | 2022-06-20T08:44:24Z |
Bell, Cruz have 3 RBIs each, Nats beat Pirates 7-2
By JOHN PERROTTO
Associated Press
PITTSBURGH (AP) — Nelson Cruz and Josh Bell drove in three runs each and Washington Nationals beat the Pittsburgh Pirates 7-2. Each of the top four hitters in the Nationals’ lineup –- César Hernández, Juan Soto, Cruz and Bell — had two hits while combining to go 8 for 17. Erik Fedde (1-0) allowed two runs and four hits in five innings, struck out six and walked two. Three pitchers combined for four scoreless innings of scoreless, one-hit relief. | https://localnews8.com/sports/ap-national-sports/2022/04/15/bell-cruz-have-3-rbis-each-nats-beat-pirates-7-2/ | 2022-04-16T04:20:02Z |
REDWOOD CITY, Calif., June 21, 2022 /PRNewswire/ -- Delinea, a leading provider of privileged access management (PAM) solutions for seamless security, today announced the latest release of DevOps Secrets Vault. Among other new and expanded features, the high-velocity vault for developers and security teams offers enhanced support for Kubernetes, providing more secure credentials management for containerized applications. The release also introduces dynamic secrets for MongoDB, increasing the number of developer-preferred databases supported.
This release of DevOps Secrets Vault expands secure management of secrets for communication between Kubernetes containers. Enhancements to the webhook include dynamically updated secrets and support for custom namespaces. High-speed credentials management is now available for DevOps teams supporting Windows sidecar containers.
MongoDB is one of the top-rated databases in the Stack Overflow 2021 Developer Survey and an attractive target for cyber attacks. DevOps Secrets Vault introduces dynamic secrets for MongoDB, which can create and delete local users just-in-time in the database. With MongoDB now supported, DevOps and DevSecOps teams have more flexibility in securing access to the databases that developers prefer while minimizing standing privileges.
"Developers know security is important, but often don't have enough time to prioritize it. The focus for DevSecOps should be on seamless usability and automation for elastic and dynamic environments," commented Phil Calvin, Chief Product Officer at Delinea. "By expanding Kubernetes support and adding dynamic secrets for MongoDB, we continue to give DevOps teams the ability to minimize security vulnerabilities related to hard-coded credentials."
The latest release also enhances the graphical user interface with auditing, policy management, and expanded secrets management, providing a more seamless and usable security experience compared to the command-line interface.
Organizations can try DevOps Secrets Vault for free at https://delinea.com/products/devops-secrets-management-vault.
Delinea is a leading provider of privileged access management (PAM) solutions that make security seamless for the modern, hybrid enterprise. Our solutions empower organizations to secure critical data, devices, code, and cloud infrastructure to help reduce risk, ensure compliance, and simplify security. Delinea removes complexity and defines the boundaries of access for thousands of customers worldwide. Our customers range from small businesses to the world's largest financial institutions, intelligence agencies, and critical infrastructure companies. Learn more about Delinea on LinkedIn, Twitter, and YouTube.
© Delinea Inc. (formerly Centrify Corporation) 2022. Delinea™ is a trademark of Delinea Inc. All other trademarks are property of their respective owners.
Brad Shewmake
Delinea
brad.shewmake@delinea.com
+1-408-625-4191
John Kreuzer
Lumina Communications
delinea@luminapr.com
+1-408-963-6418
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SOURCE Delinea | https://www.kxii.com/prnewswire/2022/06/21/delinea-devops-secrets-vault-expands-seamless-secrets-management-kubernetes-containers-adds-mongodb-support/ | 2022-06-21T12:22:41Z |
Progress made on the Rexburg Airport Improvement project
REXBURG, Idaho (KIFI)- A critical assessment for a proposed new airport on the north side of Highway 33, west of the Snake River is in the hands of the Federal Aviation Administration. City leaders have been working on the project for five years so far. Keith Davidson, the City of Rexburg Public Works Director, says "so right now, we're just waiting for their review of the document. And if they approve the new or the alternate site for the airport, then the next step would be going through an environmental evaluation of that site."
The environmental evaluation process alone could another couple years. The next leg in the journey is expected to take even longer, "You probably would be looking depending on funding and what's coming from FAA, you know, designs probably another year or two," Davidson tells us, "And then you'd be looking at construction happening probably another year or two out from that would be in probably an optimal time line."
Davidson says the the area's skyrocketing population growth is also raising safety concerns in the area. "As the city has grown we've kind of started growing out and around that airport, he says, "So there's always issues with that as the city grows around an airport. The other thing is, is on the south end of the airport, we have Highway 33 on the north end of the airport, we have the south fork of the Teton River."
Plans for the new airport include an expanded runway to allow for corporate and larger airplanes to come into the area. Davidson says the current airport simply doesn't have the length of runway needed for these types of planes to land and take off in a safe manner. He goes on to say "Expanding that runway to give a longer runway for the types of airplanes that want to come in to Rexburg makes it extremely difficult for that. And so and then also getting the width needed for the safety areas. And so as you look at those different classifications of airports that we would be moving into, as we have larger and faster planes coming in to Rexburg, those safety standards are becoming increasingly difficult to meet as things grow up around the airport."
Davidson estimates that it may be at least another ten years before a new airport is up and running. | https://localnews8.com/news/local-news/2022/04/24/progress-made-on-the-rexburg-airport-improvement-project/ | 2022-04-25T04:22:28Z |
PHOTOS: School bus seen teetering on its side in Ohio
Published: May. 9, 2022 at 10:34 AM EDT|Updated: 1 hour ago
CLEVELAND, Ohio (WOIO/Gray News) – A school bus in Ohio took a nosedive early Monday morning, causing it to teeter onto its side.
According to WOIO, construction work is being done in the area where the bus is tipped over.
Pictures show the front of the bus stuck in what appears to be a hole in the street.
WOIO reports that no students were on the bus at the time of the crash.
Copyright 2022 WOIO via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/09/photos-school-bus-seen-teetering-its-side-ohio/ | 2022-05-09T15:43:23Z |
Contests By LocalNews8 Administrator April 25, 2022 9:18 PM Published April 25, 2022 9:42 PM Share on FacebookShare on Twitter Share on Linkedin Mother’s Day Giveaway 2022 – Belle Medical Contests | https://localnews8.com/play/contests/2022/04/25/mothers-day-giveaway-2022-belle-medical/ | 2022-04-26T07:40:58Z |
- New Name to better represent Company's proprietary technology platform expanded applications beyond orthopedics
MONTREAL, Sept. 7, 2022 /PRNewswire/ - Ortho Regenerative Technologies Inc., (CSE: ORTH) (OTCQB: ORTIF) ("Ortho" or the "Company") a clinical-stage orthobiologics company focused on the development of novel soft tissue repair regenerative technologies, announced today that it has changed its corporate name to ChitogenX Inc. to better reflect the Company's expanded clinical and commercial opportunities, mission, values, and core competencies.
The Company's shares are expected to begin trading on the CSE under the new name and new ticker symbol, CSE: CHGX at market open on or around September 12, 2022.
"We evaluated our Company name in light of the vast potential clinical and commercial applications for our proprietary technology platform, and it was obvious that these applications were much broader than just the orthopaedic field the previous corporate name was inferring to", said Philippe Deschamps, CEO. "We opted for a new company name that better represented our identity and expanded possibilities. ChitogenX achieves both".
The corporate name change was approved at the last Annual General and Special Meeting of Shareholders held via videoconference on July 21, 2022, following the passing of a special resolution authorizing an amendment to the Company's articles to effect the name change.
No action is required by shareholders in connection with the name change, and no change has been made to the Company's share capital. The Company encourages any shareholder with questions to contact their broker or agent.
ChitogenX Inc. (formally Ortho Regenerative Technologies Inc.) is a clinical stage regenerative medicine company dedicated to the development of novel therapeutic tissue repair technologies to improve tissue healing. The Company is committed to the clinical development of its proprietary RESTORE technology platform, a muco-adhesive CHITOSAN based biopolymer matrix, specifically designed to deliver biologics such as platelet-rich plasma (PRP) or bone marrow aspirate concentrate (BMAC), to enhance healing in various musculoskeletal conditions. ORTHO-R, its lead Chitosan-PRP hybrid biologic implant combination product, is formulated and designed to increase the healing rates of occupational and sports related injuries to tendons, ligaments, and cartilage such as the meniscus. ORTHO-R can be directly and easily applied to the site of injury by a surgeon during a routine operative procedure with minimal disruption to length of surgery. ORTHO-R is currently the object of an ongoing U.S. Phase I/II clinical trial for rotator cuff tear repair in 10 U.S. based clinical centers.
Other formulations are being developed to leverage the technology's performance characteristics such as tissue adhesion, pliability, and ability to deliver biologics or therapeutics to various tissues damaged by trauma or disease. Further information about Chitogenx is available on the Company's website at www.chitogenx.com and on SEDAR at www.sedar.com.
This news release may contain certain forward-looking statements regarding the Company's expectations for future events. Such expectations are based on certain assumptions that are founded on currently available information. If these assumptions prove incorrect, actual results may differ materially from those contemplated by the forward-looking statements contained in this press release. Factors that could cause actual results to differ include, amongst others, uncertainty as to the final result and other risks. The Company disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by security laws.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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SOURCE Ortho Regenerative Technologies Inc. | https://www.kxii.com/prnewswire/2022/09/07/ortho-regenerative-technologies-announces-corporate-name-change-chitogenx/ | 2022-09-07T11:53:12Z |
NYSE American: UEC
More than 38% of eligible UEX securities have already been tendered, as of this press release, with an overwhelming 93.7% voting in favour of the UEC transaction.
UEC offer of C$0.49 per UEX share is financially superior to the Acquisition Proposal submitted by Denison.
CORPUS CHRISTI, Texas, Aug. 5, 2022 /PRNewswire/ - Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") announces that, further to its news release of July 28, 2022, it has advised UEX Corporation ("UEX") that it is submitting a superior offer to the acquisition proposal made by Denison Mines Corp. ("Denison") on July 28, 2022 (the "Denison Proposal") for all of the issued and outstanding shares of UEX ("UEX Shares").
Under the terms of UEC's revised offer (the "Revised UEC Offer"), each holder of UEX Shares will now receive 0.0890 of one common share of UEC (a "UEC Share") for each UEX Share held, implying consideration of approximately C$0.49 per UEX Share based on the closing price of UEX Shares and UEC Shares on the Toronto Stock Exchange and the NYSE American Exchange, respectively, and the spot exchange rate as of August 5, 2022. The Revised UEC Offer also increases the break fee by 7%, which is an increase proportional to the percentage increase in the offered exchange ratio under the Revised UEC Offer.
Amir Adnani, President and CEO, stated: "After careful analysis and consideration, we firmly believe the Revised UEC Offer represents a value-creating opportunity for UEC and UEX shareholders. We remain disciplined with respect to pursuing accretive growth and the Revised UEC Offer strikes a balance of a modest increase in the exchange ratio while doubling UEC's uranium resources1 at only a 14.2% dilution to our outstanding shares. This transaction highlights UEC's sector leading strategy as the fastest growing, pure play, 100% unhedged uranium company and will create the largest, diversified North American focused uranium company. Finally, a true testament to the win-win industrial logic of the transaction is the overwhelming positive support for our deal, as evidenced with over 38% of eligible UEX securities tendered with over 93.7% voted in favor, and the positive share price performance for UEC. With an offer that is superior to the Denison Proposal in all respects, we look forward to completing this transaction following the UEX shareholder vote next week."
If the board of directors of UEX (the "UEX Board") accepts the Revised UEC Offer, UEC expects that the special meeting of UEX securityholders to approve UEC's acquisition of the UEX Shares based on the Revised UEC Offer will continue to be held as currently scheduled on Tuesday August 9, 2022, with an anticipated closing date (subject to court approval and the satisfaction or waiver of closing conditions customary for a transaction of this nature) by mid-August.
The Revised UEC Offer is superior to the Denison Proposal in all respects:
- Superior Financial Consideration. The Revised UEC Offer values UEX at C$0.49 per UEX Share, a 7% improvement over the original exchange ratio and higher financial consideration than the Denison Proposal based on closing prices of the shares and the spot exchange rate as at August 5, 2022. The Revised UEC Offer reflects a premium of 72% over the unaffected UEX Share price on June 10, 2022 (being the last trading day prior to the announcement of UEC's proposed acquisition of UEX).
- Stronger Deal Certainty. As part of its Revised UEC Offer submission to the UEX Board, UEC has provided UEX with a simple amending agreement to the original arrangement agreement dated June 13, 2022, as amended June 23, 2022, among UEX, UEC and UEC 2022 Acquisition Corp. (the "Arrangement Agreement") to reflect the Revised UEC Offer. By its own admission, Denison has characterized its proposal as "non-binding" and "remains subject to the entering into of a definitive agreement"2. Upon acceptance of the Revised UEC Offer by UEX, UEC will be firmly bound to complete the Revised UEC Offer as soon as practicable.
- Quicker Path to Completion. UEX securityholders are scheduled to vote on UEC's proposed acquisition of the UEX Shares based on the Revised UEC Offer on Tuesday August 9, 2022, with closing of the transaction (subject to court approval and the satisfaction or waiver of closing conditions customary for a transaction of this nature) anticipated within days of the UEX securityholder vote. UEC understands that more than 38% of eligible UEX securities have already tendered, as of this press release, with an overwhelming 93.7% voting in favour of the UEC transaction.
- Denison Proposal is Financially Inferior, Uncertain and Remains Subject to the Negotiation of a Definitive Agreement. The Denison Proposal remains subject to, among other things, the negotiation of a definitive agreement, the preparation of an information circular providing disclosure on the proposed transaction, court and regulatory approvals, and the calling of a new securityholders meeting to approve the transaction. As such, a closing of any deal with Denison is likely to take UEX shareholders well into Q4 2022.
- Larger Trading Liquidity. UEC benefits from a strong institutional and retail following which has resulted in trading liquidity that is more than 50%3 greater than that of Denison. UEX shareholders, upon exchange of their UEX Shares for UEC Shares based on the Revised UEC Offer, will have a deeper pool to value and trade their securities.
- UEC Maintains its Strong Balance Sheet With Over $180 million of Cash and Liquid Assets, with No Debt.
- The Opportunity to Create the Largest Diversified North American Focused Uranium Company. UEX shareholders have an opportunity to be part of UEC's fully permitted, production-ready assets in the U.S., which is the largest market in the world for uranium demand. UEC offers superior scale, as exhibited by its larger capital markets presence, and a path for immediate re-rating potential following a rapid timeline to closing of the transaction.
It is the view of UEC, based on advice provided by its financial and legal advisors, that the superior proposal notice delivered by UEX to UEC on July 28, 2022 was deficient in several respects. These deficiencies have been communicated to UEX over the past few days, and have not, in our view, been rectified. While we have elected to increase the consideration offered in our proposed transaction, in making the Revised UEC Offer we advised UEX we were reserving all rights to require UEX to comply with the right to match provisions in the Arrangement Agreement, including, among other things, that the right to match period has not yet commenced.
The Revised UEC Offer expires at 7:00 p.m. (Vancouver time) on the date of this press release, coinciding with the termination of the right to match period under the Arrangement Agreement. Upon a determination by the UEX Board that the Revised UEC Offer is at least equivalent to the Denison Proposal, UEX is required to enter into an amending agreement to the Arrangement Agreement to reflect the Revised UEC Offer.
Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the Company has other diversified holdings of uranium assets, including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and (3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Twitter: @UraniumEnergy
Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, market and other conditions, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
______________________________________________________________
1 Subject to the completion of technical report summaries by UEC following closing of the proposed acquisition of UEX.
2 Denison press release dated July 29, 2022.
3 Based on average daily traded volume over the last 12 months.
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SOURCE Uranium Energy Corp | https://www.wibw.com/prnewswire/2022/08/05/uranium-energy-corp-confirms-intention-acquire-uex-corporation/ | 2022-08-05T22:55:00Z |
HARTFORD, Conn., June 1, 2022 /PRNewswire/ -- Over 90% of survey respondents indicated their company has implemented ESG considerations in their investment process, with almost 80% implementing them within the past two years, according to a new study by Conning.
Insurance management teams reported a significant increase in ESG engagement. This suggests that ESG has become a key area that insurers are working to incorporate into their businesses," said Terence Martin, a Director in Insurance Research at Conning. "However, there are key differences between life-annuity and property-casualty companies, and between public stock and mutual-fraternal companies."
"This survey indicates that, while the U.S. insurance industry is clearly aware of, and focusing on, ESG, yet at this point, companies are following their own paths to ESG integration. This is not surprising given the diversity of the U.S. insurance industry," said Scott Hawkins, Head of Insurance Research at Conning. "The one area of exception where there is more consistency across different types of insurers appears to be in investment management."
The Conning study, "ESG—The Companies Speak: Insights from Conning's ESG Survey of Insurers" provides data and analysis of 280 responses to a survey of U.S. insurance executives and upper management from a broad cross-section of companies representing all sizes, ownership structures, and business focuses. The survey explores the influence of forces and stakeholders on companies, and actions companies are taking on the environment, social, and governance fronts.
"ESG—The Companies Speak: Insights from Conning's ESG Survey of Insurers" is available for purchase from Conning by calling (888) 707-1177 or visiting https://www.conning.com/insurance-research.
Conning (www.conning.com) is a leading investment management firm with a long history of serving the insurance industry. Conning supports institutional investors, including insurers and pension plans, with investment solutions, risk modeling software, and industry research. Founded in 1912, Conning has investment centers in Asia, Europe and North America.
Media Contact
Alyssa Gittleman
Conning
860-299-2288
Alyssa.Gittleman@conning.com
[c:14864860]
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SOURCE Conning | https://www.wibw.com/prnewswire/2022/06/01/conning-announces-its-newest-strategic-report-esg-the-companies-speak-insights-connings-esg-survey-insurers/ | 2022-06-01T14:18:40Z |
Second annual program recognizes the home service heroes, smooth operators, career builders, and community caretakers who demonstrate excellence in their industries
TORONTO, Aug. 9, 2022 /PRNewswire/ - Jobber, the leading provider of home service operations management software, today announced the recipients of its $150,000 Jobber Grants program. Twenty-five entrepreneurs were selected from thousands of applications and rewarded with funds ranging from $2,500 to $15,000 USD to help grow and amplify the community impact of their home service businesses.
"Jobber Grants is the only program specifically designed to spotlight the hardworking and often overlooked entrepreneurs who make up the home services category," said Sam Pillar, CEO & co-founder of Jobber. "We are thrilled to recognize these people and to support their ambitions to build something out of nothing. The contributions of these individuals, whether they're new to home service or industry veterans, are helping to create stronger and more robust communities across North America, and it's our honor to recognize that."
Recipients from this year's program fit into four categories: home service heroes who keep our homes safe and running; career builders who help hardworking people build meaningful careers; smooth operators who strive for high standards in every area of their businesses; and community caretakers who give back to the communities where they live and work. Individuals were selected based on written submissions, followed by interviews with a Jobber judging panel.
The top grant of $15,000 was given to Shane Fast, founder of Renew Painting located in Spartanburg, South Carolina. The company, which provides an array of painting and staining services, focuses on giving a diverse group of employees including women, minorities, and individuals from low socio-economic backgrounds valuable experience in skilled work while providing fair living wages and profit-sharing. Shane also donates 10 percent of all profits to non-profit organizations in his community.
"I spent many years in the inner city near St. Louis where I saw a lot of poverty and watched people really struggle to overcome obstacles," said Shane. "The experience molded me to love people more deeply, recognize the position they're coming from, and inspired me to give back to my community as much as I can. Jobber created an opportunity for us to ramp up our plans to provide meaningful employment to more people and equip existing staff in various ways, an investment that will also relieve some of the stress and pressures that come with juggling family life with rapidly scaling a business. To be entrusted with this Jobber Grant leaves me with profound excitement and gratitude."
Shaylyn and Timothy Bliss, new entrepreneurs and founders of Home Roots Lawn Care in San Marcos, Texas, received a $10,000 Jobber Grant. Home Roots Lawn Care was founded in the middle of the pandemic while Shaylyn was pregnant and Timothy was mowing lawns in between shifts as a firefighter, working roughly 150 hours per week. The business quickly grew large enough to provide full-time roles for both Shaylyn and Timothy who are using the grant to expand their team and purchase equipment. Home Roots Lawn Care recently donated a significant amount of resources and time toward cleaning up low-income properties as part of a city-wide event, which they plan to participate in annually. Shaylyn and Timothy intentionally purchase supplies and equipment from local small businesses and employ many individuals who struggled to find work during the pandemic.
"This Jobber Grant is such a big push forward for our business, and comes at a great time, too," said Shaylyn. "We're in the process of training several new hires, which will allow us to focus on more complicated jobs and big picture planning."
"It's important that our people have a positive onboarding experience and that we create a strong sense of community among our employees," adds Timothy. "We want to instill the importance of giving back to the community with every new hire, and Jobber is helping us achieve this."
The full list of Jobber Grant recipients:
- Mohamed Bouryal & Krista Keithly, Tidy Vibe (Tacoma, WA)
- Shane Fast, Renew Painting (Spartanburg, SC)
- Jenny Joy, Ruby Red Cleaning (Orlando, FL)
- Michal Kenins & James May, Vista Tree Management Inc. (Toronto, ON)
- Chris Reid, Shoreline Plumbing (Tampa, FL)
- Jason & Joelene Sturm, Sturm Plumbing Inc. (Harrison City, PA)
- Andrew Kennedy & Dave Sera, Streamline Renewables (Gibsons, BC)
- Ashley Loveless, Organwize Professionals (Columbus, GA)
- Stefanie Menzie, Tree Wizard LLC (Norman, OK)
- Doug & Kristen Shoup, Shoup's Cleaning (New Philadelphia, OH)
- Antonio Taylor, Pressure Family Exteriors LLC (Oklahoma City, OK)
- Garvin Thomas, Philtrin Holdings LLC (Philadelphia, PA)
- Alycia Wolosezky & Nicholas Twigg, Twigg Transformations (Victoria, BC)
- Brandon Arnold, BDA Comfort Heating & Cooling (Houston, TX)
- Ashley & Matthew Grant, Mosquito Mom (Courtice, ON)
- Alex Neville-Verdugo, Lefty's Handy Services (Springfield, MO)
- Justin & Jolene Shewchuk, Double J Plumbing & Heating (Okotoks, AB)
- Katharyn Snyder, Full Swing Land & Tree Care (Lake Clear, NY)
- Shaylyn & Timothy Bliss, Home Roots Lawn Care (San Marcos, TX)
- Nathan Fournier, HomeHarvest Central MA (Worcester, MA)
- Nick Kilburg, Fayette Ecological Restoration and Design (Fayetteville, GA)
- Callum Ng, Green Grads Window and Gutter Cleaning (Vancouver, BC)
- Ben Pennoyer, Ben's Electric Solutions Team (Calgary, AB)
- Esteban Rodriguez, Esteban Land Design, Inc. (San Tan Valley, AZ)
- Ethan Rossler, Wash Wizards (West Palm Beach, FL)
To learn more about this year's Jobber Grants recipients visit: https://www.jobbergrants.com/.
Jobber is an award-winning operations management platform for small home service businesses. Unlike spreadsheets or pen and paper, Jobber keeps track of everything in one place and automates day-to-day operations, so small businesses can provide 5-star service at scale. Jobber's 160,000+ home service professionals have served over 12 million households in more than 47 countries. The company continually ranks as one of Canada's fastest-growing and most innovative companies by Canadian Business and Macleans, The Globe and Mail, Fast Company, and Deloitte. For more information, visit: https://getjobber.com/.
Erin McCusker
PAN Communications for Jobber
jobber@pancomm.com
+1 561-558-6351
Elana Ziluk
Senior Public Relations Manager, Jobber
elana.z@getjobber.com
+1 416-317-2633
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SOURCE Jobber | https://www.mysuncoast.com/prnewswire/2022/08/09/jobber-awards-150000-usd-grants-25-home-service-pros/ | 2022-08-09T13:44:53Z |
PARIS (AP) — Leftist parties that had nearly disappeared from the French political landscape have grown wings in the runup to Sunday’s legislative elections and now threaten to weaken President Emmanuel Macron and his hopes of slam-dunking his agenda through parliament.
An alliance of leftist parties cobbled together by hard-left leader Jean-Luc Melenchon is now soaring in polls. The campaign poster “Melenchon Prime Minister” no longer draws chuckles from opponents.
Commentators have yet to agree on how to pronounce Nupes, the French acronym for the alliance, the New Popular Ecological and Social Union. Melenchon simply calls it the Popular Union. It combines his party, La France Insoumise (France Unbowed), Socialists, Communists and Greens.
“It is amazing, so inspiring and motivating. All of the left wing is in line behind Melenchon,” said Michael Gorre, a 45-year-old computer scientist attending a Paris rally last week by the coalition. “It feels good to have someone who talks about concrete things.”
Macron, a centrist, has made clear that it is he alone who names the prime minister, although in practice his choice is governed by the outcome of the election, which will not be clear until the second round on June 19. So if Nupes won a majority, he would likely pick someone from the coalition, but it might not be Melenchon.
Macron won a second mandate in April’s presidential elections and is now looking for an absolute majority — 289 seats in the 577-seat National Assembly, the lower house — to swiftly pass legislation. Among laws on his radar is his controversial decision to raise the retirement age from 62 to 65. Melenchon, meanwhile, wants to lower it to 60.
The audacious bid by the 70-year-old Melenchon to be named head of government is symptomatic of France’s shattered political landscape. Traditional mainstream parties like the Socialists and the conservative right The Republicans slid off voters’ radar following losses in previous elections. Three blocs emerged: Melenchon’s hard left, Marine Le Pen’s far right and the centrists of Macron, who warn against “the extremes.”
Melenchon’s alliance is jockeying for the lead with Macron’s centrists in polls. Nupes was on top in one poll this week, although within the margin of error. Le Pen, who lost to Macron in the presidential runoff, was third.
Le Pen is keenly aware that her anti-immigration National Rally party cannot compete with Melenchon’s alliance under the current voting system.
In calls to get out the vote, Le Pen asks supporters to help her party get as many deputies as possible in “last chance elections” to block the French president’s highway to unshackled power.
Unlike Melenchon’s bid for the job of prime minister, Le Pen’s more modest goal is to form a parliamentary group to gain more speaking time and other benefits. That requires a minimum of 15 lawmakers. Her party won only eight seats in 2017 voting.
“Jean-Luc Melenchon will never be prime minister. He is lying to the French … a few days before his retirement,” Le Pen tweeted mockingly during a campaign trip Thursday to the southern beach town of Agde. She was referring to his decision not to try to renew his parliamentary seat, while she campaigns to keep hers.
Melenchon, a wily politician with an oratorical gift, has long been a figure on the French left, first in the Socialist Party and as senator. But it was only in 2016, when he founded the hard-left France Unbowed party that his profile matched his ambitions.
Melenchon’s appeal for social justice is among the draws for numerous voters, like Christelle Baker, 32, who sees his alliance as a helpline for her autistic brother.
“Nupes stands for social justice and … themes like the health system, the environment, education, or the the situation of the disabled,” Baker said at the Paris rally in a packed theater. “We may not win but we can have a large parliamentary group. We can have our word to say.”
Melenchon’s alliance would raise minimum wages along with salaries in a plethora of sectors, and nationalize airports and highways. He slams “neoliberalism and the financialized economy.”
“Foreign commentators,” he said at last week’s Paris event, “If you want to know what France is, it is this: Liberty, equality, fraternity, and social welfare.”
For Economy Minister Bruno Le Maire, Melenchon is the “Gallic Chavez.” That reference to one-time Venezuelan leader Hugo Chavez, known for his socialist revolution, has stuck on the man who seems to relish controversy.
Melenchon triggered his latest uproar by tweeting last weekend that “police kill,” after the death of a female passenger in a car that police on bicycles fired on when it refused to stop for a check.
Macron’s view of Melenchon is that his views are extreme. “Nothing could be more dangerous than to add to world disorder the French disorder proposed by the extremes,” he was quoted in the French press as saying during a visit Thursday to the Tarn region.
A day earlier, a crowd of jubilant children surrounded the president, one jumping into his arms, during a visit to the impoverished Seine-Saint-Denis region outside Paris. One young girl asked where Melenchon was, saying, “I want Melenchon to win.”
The president told her that Melenchon wasn’t there, then added, “I don’t want him to win, you see, in the legislatives. Otherwise, I can’t do things.” | https://cw33.com/news/international/ap-international/hard-left-leader-sees-win-in-french-vote-himself-as-new-pm/ | 2022-06-10T20:42:03Z |
From Now Until August 3, GNC AMP products, a superior muscle performance brand, are 20 percent off
PITTSBURGH, July 29, 2022 /PRNewswire/ -- Fitness enthusiasts know nothing compares to the sensation of hitting your stride during a workout, whether it's a revamp of a successful routine or in full throttle, two-a-day mode. The GNC AMP line offers superior performance products that make the difference in achieving fitness goals. To help consumers hit peak performance, GNC is offering 20 percent off every GNC AMP item, one of its most innovative, supercharged brands, both in-store and online at GNC.com from July 28, 2022 to August 3, 2022. From fan-favorite GNC AMP Wheybolic Whey Protein in great-tasting flavors like Classic Vanilla and Salted Caramel, to the clinically proven ingredients packed in GNC AMP Creatine HCI 189™, they are best-in-class, science-backed products to meet the needs of anyone looking to push their body to function at optimal levels.
"As a result of rigorous research and testing, our team at GNC continues to build out the GNC AMP line with versatile products for those seeking amplified muscle performance, add mass, recovery, and more," said Kevin Maloberti, VP, Merchandising, GNC. "We hope our loyal GNC AMP fans and those curious about the brand try something new and load up on their favorites during GNC AMP Week."
An acronym for advanced muscular performance, GNC AMP offers a collection of supplements containing high-quality, clinically proven ingredients to support strength building and muscle repair, while also pushing the body to its highest fitness level and without compromising on great flavor. This limited-time sale is a great opportunity to stock up on:
- GNC AMP Wheybolic Whey Protein ($69.99)
- GNC AMP Pure Isolate Whey Protein ($59.99)
- GNC AMP Sustained Protein Blend ($44.99)
- GNC AMP Creatine HCl 189TM ($39.99)
- GNC AMP Test 1700 Testosterone Support ($99.99)
- GNC AMP Men's Ripped Vitapak® Program With Metabolism + Muscle Support ($69.99)
Today through August 3, 2022 consumers can get one step closer to achieving their fitness goals for less by shopping the GNC AMP Week sale. This GNC brand is also sold year-round, for those looking to replenish their supplement shelf or revamp their workouts with the power of GNC AMP. To learn more about GNC, visit www.gnc.com.
GNC is a leading global health and wellness brand that provides high-quality, science-based products and solutions consumers need to live mighty, live fit and live well.
The brand touches consumers worldwide by providing its products and services through company-owned retail locations, domestic and international franchise locations, digital commerce and strong wholesale and retail partnerships across the globe. GNC's diversified, multi-channel business model has worldwide reach and a well-recognized, trusted brand. By combining exceptional innovation, product development capabilities and an extensive global distribution network, GNC manages a best-in-class product portfolio. www.gnc.com.
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SOURCE GNC | https://www.kxii.com/prnewswire/2022/07/29/gnc-optimizes-potential-peak-performance-consumers-with-launch-amp-week/ | 2022-07-29T16:23:39Z |
LANSING, Mich., May 26, 2022 /PRNewswire/ -- Following 2021 landmark research exploring industries most impacted by COVID-19, a new follow-up study published in the Journal of Occupational and Environmental Medicine offers additional insights on the impact of COVID-19 on older workers. The study was co-authored by Dan Hunt, D.O., corporate medical director for AF Group, and Edward Bernacki, M.D., MPH, emeritus professor of Medicine, Johns Hopkins University School of Medicine.
The study, titled "Attributes of Long Duration COVID-19 Workers' Compensation Claims from 36 U.S. States," found that while a higher number of claims occurred in health care occupations in the early stages of the pandemic (in part due to the closure of many businesses during this time), workers' age (60+) at the time of infection – not industry or gender – proved to be the stronger risk factor for prolonged impairment and increased workers' compensation costs due to COVID-19.
As the basis for the project, researchers from AF Group and Johns Hopkins analyzed 21,336 WC claims (1,898 COVID-19 and 19,438 non-COVID-19 WC claims) submitted to a large workers' compensation insurance carrier between Jan. 1, 2020, and Aug. 31, 2020, from 11 states in the Midwest United States.
"This is the sixth peer reviewed paper published with our research partners at Johns Hopkins University and the second examining our experience with the COVID-19 pandemic," said Dr. Hunt. "These efforts reflect the value of collaboration between AF Group and an academic center of excellence and allows us to critically examine health issues currently impacting our injured workers. We are grateful for our ongoing partnership with Dr. Bernacki and the entire research team."
About AF Group
AF Group's affiliated insurance brands are premier providers of innovative, specialty insurance solutions. All policies are underwritten by a licensed insurer subsidiary. For more information, visit afgroup.com. © AF Group.
Contact:
Shannon Scholten
(517) 708-5625
shannon.scholten@afgroup.com
afgroup.com
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SOURCE AF Group | https://www.mysuncoast.com/prnewswire/2022/05/26/af-group-amp-johns-hopkins-university-partner-new-covid-19-research/ | 2022-05-26T17:57:31Z |
ATLANTA, July 11, 2022 /PRNewswire/ -- Our history books frequently recount Black faith leaders taking charge, organizing, and speaking out against laws that disproportionately harm their communities. At a press conference on Thursday, July 7, several community figures announced their intention to continue this tradition of advocacy under the name Clergy With A Candle, a new organization highlighting inequities in American society.
Their chief issue is the FDA-proposed prohibition on menthol-flavored tobacco products, which promises to vastly impact majority-minority neighborhoods.
"Let us state clearly that we are not organizing to advocate for cigarette smoking," says Rev. Shanan Jones, president of Concerned Black Clergy of Metropolitan Atlanta. "We know that cigarette smoking causes many health issues and even death. We also know that 85% of Black and Brown smokers favor menthol cigarettes and a ban targeting this kind of cigarette will potentially create an illegal underground market that disproportionately places Black and Brown Americans in the crosshairs of the criminal justice system."
This month, Clergy With A Candle is traveling to Washington, D.C., where the group will meet with Georgia's federal lawmakers to outline how this proposal is reminiscent of other misguided policies throughout our history, including redlining, stop-and-frisk, and mandatory minimums. All those ideas severely damaged community-police relations – a menthol ban is no different.
"As Black clergy, we are on the frontlines attempting to heal the breach which exists between our community and law enforcement," observed Bishop Aaron B. Lackey, Sr., presiding prelate of the United Churches of God In Christ, Inc. "This Biden administration ban would add another barrier of division rather than the hoped-for bridge towards mutual respect. We certainly hope that the Georgia congressional delegation will receive our message and join the fight against this FDA ban."
To wholly consider any policy, let alone a broad proposal such as this, we must view everything through a lens of racial equity. It's time to heed the concerns and fears of our communities rather than ignore them and enact narrow-minded, disastrous laws.
Clergy With A Candle is a group of Atlanta-based Black faith leaders united in their concern for their congregations, communities, and the well-being of Black lives across the country amidst continued efforts to discriminate against them and ignore genuine issues.
MEDIA CONTACT:
Rev. Shanan E. Jones
678-933-5091
shananejones@gmail.com
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SOURCE Neighborhood FORWARD | https://www.wibw.com/prnewswire/2022/07/11/atlanta-black-clergy-travel-washington-dc-discuss-socially-unjust-menthol-ban/ | 2022-07-11T14:36:05Z |
DALLAS (KDAF) — Summertime has arrived and that means grilling season is in full swing. One thing’s for certain, we don’t need any disrespect coming our way when we’re manning the grill or kitchen for that matter.
In order for this to happen, we MUST do one thing, season the food. SEASON IT. What better day to bring awareness to this than National Herbs and Spices Day on June 10, Friday!
NationalToday says, “After all, what would food even be if it weren’t for the herbs and spices that make every dish unique? Since herbs and spices are cooking essentials, it, therefore, makes complete sense that they are given a day of recognition for their contribution to mankind and its culinary journeys thus far.”
So, we did the digging for you and checked out Yelp’s list of the best spots in Dallas to grab your spices and herbs!
- 1890 Marketplace Dallas
- Penzeys Spices
- The Spice & Tea Exchange
- Bella Vita Gourmet Olive Oils & Balsamics
- The Kitschy Cupboard
- Years to your Health
- Al Nimer Roastery
- Infused Oils & Vinegars
- vomFASS – Park & Preston
- R&J Asian Spices
- World Food Warehouse
- Sunflower Shoppe | https://cw33.com/lifestyle/food-and-drink/get-your-food-tasting-right-heres-where-to-get-the-best-herbs-and-spices-in-dallas/ | 2022-06-10T15:16:23Z |
NEW YORK, May 19, 2022 /PRNewswire/ -- Stax LLC, an analytically driven, global strategy consulting firm specializing in commercial due diligence, value creation, and exit planning for private equity firms, PE-backed companies, hedge funds, and investment banks is pleased to announce that Mark Bremer will formally assume leadership of Stax Data Analytics with the new title of Vice Chairman. With Stax's extraordinary growth within the private equity sector and rapidly expanding data and analytics practice, Mark will be responsible for the strategic expansion of Stax Data Analytics including oversight of the accompanying innovation and technology initiatives.
"Having been early providers of deal and operating data analytics for private equity firms and their portfolio companies, we see a great runway for innovation and talent to meet the demand and client base Stax has developed over the last three decades," said Mark Bremer, Vice Chairman, Stax Data Analytics. "This is a particularly exciting time for Stax to apply data science and tools to high-stakes client decisions and to help portfolio companies develop their own capabilities."
Stax Data Analytics has become a valuable resource for private equity firms, portfolio company management teams, and investment banks bringing companies to market. Through a combination of proprietary tools, specialized teams, and deep knowledge of data analytics software and infrastructure, Stax Data Analytics helps management teams make data-driven decisions and drive organizational change for continuously better use of data and analytics to deliver value. Mark has been the driving force behind Stax Data Analytics, in addition to his previous role as Stax President, where he led operational oversight of the core consulting business.
"Stax has continued its accelerated growth supporting private equity firms and the management teams of their portfolio companies and partnering with investment banks. Our resources have expanded, including the support of Blue Point Capital Partners. With our growth, we see increased opportunities for internal promotion and talent expansion in our current locations, new geographies, and through potential acquisitions," said Rafi Musher, Stax CEO and Founder.
"Stax has grown significantly since our initial investment as they continue to create value for their clients with both commercial due diligence and data analytics services," said Jeff Robich, Partner at Blue Point Capital. "It's great to see management continuously align its leadership responsibility to introduce new service offerings to deepen client relationships and create more opportunities for talent. Blue Point remains committed to our platform investment in Stax and we're excited for the continued success of the team."
About Stax LLC
Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, healthcare, business services, industrial, consumer/retail, and education. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value, and make better investment decisions. Visit www.stax.com to learn about exciting career opportunities and follow Stax on LinkedIn, Twitter, Facebook, and Instagram.
About Blue Point Capital Partners
Blue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital. With offices in Cleveland, Charlotte, Seattle, and Shanghai, Blue Point's geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors while providing the perspectives and resources of a global organization. Blue Point has over a two-decade history of partnering with lower middle-market businesses to build processes and capabilities to achieve dramatic growth. The Firm focuses on opportunities where it can leverage its collective experience, extensive network of operating resources, and unique toolkit, which includes supply chain / Asian capabilities, data and digital strategies, human capital strategy, and focused add-on acquisition efforts. Blue Point typically invests in businesses that generate between $30 million and $300 million in revenue.
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SOURCE Stax LLC | https://www.mysuncoast.com/prnewswire/2022/05/19/stax-data-analytics-continues-strategic-expansion-under-mark-bremer/ | 2022-05-19T15:38:59Z |
Topeka High assistant principal wins bronze medal at Boston Marathon
TOPEKA, Kan. (WIBW) -Rob Hays went from running track and cross country at Topeka West to nearly 40 years later, toeing the line at the oldest marathon in the U.S., The Boston Marathon.
“It went fabulously, in fact I had a goal of just going in and doing the best job that I possibly can. As it would have turned out, I was able to finish 901st and first out of over 25,000, placed third in my age group and had a personal best and it could not have gone better,” said Hays.
He also set a new personal record of 2:45:41--
He says crossing the finish line in Boston was everything he dreamt it would be.
“I’m big into visualization. I visualized thousands of people and that exactly what it was showing up to the field and walking to where the start is being around thousands of people who are doing the same thing. It was just a positive vibe and those are my people, we all had smiles on our faces and we were just ready to do.”
Hays is in his 50′s and says with the right dedication and hard work, there is nothing one can’t accomplish.
“About three weeks prior to the race, I had a 100 mile week, maybe a little unusual for someone my age. But, I’m healthy, I can do it, I stayed healthy and it’s those kinds of things that I think you need to do to put yourself in a position to build up.”
Hays isn’t sitting still, he will be running the Top City Half-Marathon this Saturday, and has hopes to run the Chicago Marathon this fall.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/21/topeka-high-assistant-principal-wins-bronze-medal-boston-marathon/ | 2022-04-22T00:50:34Z |
MANOR, Texas, June 16, 2022 /PRNewswire/ -- BRC Recovery's new Brain Program is a highly specialized, comprehensive evaluation and initial treatment process, tailored towards individuals struggling with complex and serious emotional health issues related to the intersection of their biology, environment, and life events. Our approach is an evidence-based, collaborative endeavor, conducted by experts in medicine, psychology, counseling, and psychiatry that work in conjunction with our patients and their families to understand the challenges are they face and how we can help them better their lives.
"We are excited to offer this robust assessment platform as a stand-alone offering or as an additional component of an integrated plan of care for clients at any of the facilities in the BRC Family of Programs. Our interdisciplinary team can customize each individual's assessment plan to their unique needs by leveraging functional and neuropsychiatric assessments, brain-based technology applications, and medical/psychiatric evaluation".
– Mandy Baker, President and CCO, BRC Recovery
By getting to know a client on multiple levels, through multiple lenses, and trying to imagine life in their shoes, we avoid labeling problems without having the crucial details of the context in which they occur. Since our approach is one of self-discovery and collaboration, our clients often learn as much about themselves as we learn about them. In this sense, our assessment process itself is therapeutic, not just a step prior to treatment, but a part of treatment and the beginning of hope.
"The new Brain Program at BRC Recovery is a highly personalized and client-centered therapeutic evaluation process designed to provide the client with the best collaborative efforts of psychiatrists, psychologists, addiction counselors, and neuroscientists with precision assessments. The Brain assessment opens doors to a pathway to recovery and a treatment plan personalized for each individual client. "
- Jan Ford Mustin, Ph.D
BRC Recovery, founded in 2006, is a chronic relapse addiction treatment center which provides clinically advanced treatment for all addictions. BRC offers high levels of structure and discipline, a 12-step immersion, proven psychological treatment, and multi-disciplinary approaches to treating trauma. The BRC Family of Programs serves clients across the United States with its continuum of care in its facilities in Texas and Tennessee.
CONTACT INFORMATION:
BRC Recovery Centers
Mandy Baker, President and CCO
1-844-451-3757
Mbaker@brcrecovery.com
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SOURCE BRC Recovery Centers | https://www.mysuncoast.com/prnewswire/2022/06/16/exclusive-new-brain-program-developed-by-brc-recovery-doctors-phd-focuses-life-story-human-experience-an-individual/ | 2022-06-16T17:14:18Z |
The pharmaceutical group, present in 140 countries in the world, aims to raise standard of patient healthcare across the Middle East and Africa (MEA) region with innovative products and breakthrough research
DUBAI, UAE , May 26, 2022 /PRNewswire/ -- Menarini, the leading Italian pharmaceutical group founded in 1886, today opened its regional headquarters in Dubai Science Park as part of its goal to expand its presence to the Middle East and Africa (MEA) region. Specializing in pharmaceutical research and production, consumer healthcare, oncology, and diagnostics, the Group is basing its new regional office, Menarini Middle East and Africa, in Dubai as it acts as an ideal hub location to elevate patient health and wellbeing in the region and to form pivotal connections with key industry stakeholders.
The inauguration drew the participation of influential healthcare dignitaries, most notably H.E. Dr. Amin Hussain Al Amiri, Assistant Undersecretary of Public Health Policy and Licensing at the UAE Ministry of Health and Prevention; H.E. Nicola Lener, Ambassador of Italy to the UAE, as well as high-level executives from Menarini's global team, as Dr Luca Lastrucci ,Group General Manager, Dr Ugur Bingol META President and Dr Basel Thaher Middle East Regional Head and MEA General Manager.
Elcin Barker Ergun, CEO Menarini Group and Member of the Board of Directors, said: "Today marks a historical moment for us as we open our regional offices in Dubai, a key inflection point, to significantly grow our presence and portfolio in the Middle East. As a 135 years old family owned company, we are looking forward to serve many more patients in the Middle East in the coming years with our unwavering commitment to Quality."
Luca Lastrucci, Group General Manager at Menarini, commented: "Today's inauguration of our MEA headquarters in Dubai is a significant milestone for our company as we expand our investments in the MEA region. Our presence in a leading pharmaceutical hub like Dubai will strengthen Menarini's capabilities and improve market access in delivering breakthrough products in the areas of cardiovascular, gastrointestinal, and inflammatory diseases." Lastrucci added: "The UAE government has shown unwavering support for pharmaco-economic investments through its solid commercial infrastructure and impressive facilities. We see this as a vital step in the right direction for Menarini and will continue to work side-by-side with the UAE government to raise healthcare standards and support the wellbeing of communities across the UAE and beyond."
Commenting on Menarini's new regional launch being perfectly aligned with the Dubai Industrial Strategy 2030, Dr. Ali Al Sayed, Director of Pharmaceutical Services Department at the Dubai Health Authority, said: "A defining objective of Dubai's 2030 strategy is to be a global hub for knowledge-based, sustainable and innovation focused businesses. As Menarini is a company with longstanding roots based in medical research, it will be a strong contributor to this visionary strategy. Together, we share Dubai's overarching healthcare vision of positioning Dubai as the leading destination for healthcare knowledge, education and training."
Present in 140 countries with over 17,000 employees, the new Menarini regional headquarters in Dubai will be guided by Menarini's deeply rooted values of being patient-focused, people centered, and being committed to quality, integrity, and responsibility. This important milestone serves as a testament to Menarini's ongoing mission of curing diseases on a global scale and prioritizing patient health above all else.
About Menarini
The Menarini Group is a leading international pharmaceutical and diagnostics company, with a turnover of more than $4 billion and over 17,000 employees. Menarini is focused on therapeutic areas with high unmet needs with products for cardiology, oncology, pneumology, gastroenterology, infectious diseases, diabetology, inflammation and analgesia. With 18 production sites and 9 Research and Development centers, Menarini's products are available in 140 countries worldwide. For further information, please visit www.menarini.com.
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SOURCE Menarini Industrie Farmaceutiche Riunite | https://www.mysuncoast.com/prnewswire/2022/05/26/menarini-inaugurates-new-regional-headquarters-dubai-uae/ | 2022-05-26T15:01:29Z |
NEW YORK, June 29, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BTCY, F, EVFM, NOK, and RIVN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- BTCY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BTCY&prnumber=062920221
- F: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=F&prnumber=062920221
- EVFM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=EVFM&prnumber=062920221
- NOK: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NOK&prnumber=062920221
- RIVN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RIVN&prnumber=062920221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/06/29/thinking-about-buying-stock-biotricity-ford-motor-evofem-biosciences-nokia-or-rivian-automotive/ | 2022-06-29T13:58:11Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- The Blavatnik Family Foundation and the New York Academy of Sciences announced 31 finalists today for the 2022 Blavatnik National Awards for Young Scientists, the world's largest unrestricted prize honoring early-career scientists and engineers.
From that exceptional group, three winners - in life sciences, chemistry, and physical sciences and engineering - will be named on June 29, each receiving $250,000 as a Blavatnik National Awards Laureate.
The honorees, whose research is described here, were chosen from a highly competitive pool of 309 nominees from 150 leading universities and scientific institutions from 38 states across the United States.
"Since the Blavatnik National Awards were established nine years ago, many of our finalists have made extraordinary discoveries that have led to groundbreaking innovations in their respective fields," said Len Blavatnik, founder and chairman of Access Industries and head of the Blavatnik Family Foundation.
Previous honorees have gone on to help develop COVID-19 vaccines and diagnostics; identify sustainable energy and battery technologies; tackle climate change through novel technologies, such as next-generation photovoltaics and sustainable new materials; and find cures for treatment-resistant diseases. Many also have received other prestigious honors, including being elected as fellows to the National Academy of Sciences or selected as MacArthur Foundation fellows.
"We are proud to honor their commitment to scientific excellence and celebrate their achievements. We look forward to following their continued success," Blavatnik said.
President and CEO of the New York Academy of Sciences Nicholas B. Dirks said: "There are many prizes for lifetime achievement in science, but there are only a few prizes that honor scientists at this critical crossroads in their careers. Why does this matter? It's at this stage where support and recognition can make a tremendous difference, giving enormous visibility to their research."
"On behalf of the academy, I also would like to thank our judges and our scientific advisory council—all eminent scientists from across the U.S. We couldn't successfully administer these awards without their continued support and the engagement of the broader scientific community," he said.
Three highly respected independent juries—each representing one of the award categories—selected these finalists and will determine the winning laureates. Laureates must be faculty-level scientific researchers, 42 years of age or younger, and are nominated to the competition by their university or research institution.
About the Blavatnik Awards for Young Scientists
The Blavatnik Awards for Young Scientists, established by the Blavatnik Family Foundation in 2007 and independently administered by the New York Academy of Sciences, began by identifying outstanding regional scientific talent in New York, New Jersey and Connecticut. The Blavatnik National Awards were first awarded in 2014 and expanded in 2017 to honor faculty-rank scientists in the UK and Israel. By the end of 2022, the Blavatnik Awards will have awarded prizes totaling $13.6 million. Visit blavatnikawards.org.
About the Blavatnik Family Foundation
The Blavatnik Family Foundation is an active supporter of world-renowned educational, scientific, cultural and charitable institutions in the United States, the United Kingdom, Israel and other countries throughout the world. The foundation is headed by Len Blavatnik, a global industrialist, philanthropist and founder and chairman of Access Industries, a privately held industrial group based in the U.S. with global strategic interests. Visit www.accessindustries.com or www.blavatnikfoundation.org.
About the New York Academy of Sciences
The New York Academy of Sciences is an independent, not-for-profit organization that since 1817 has been committed to advancing science for the benefit of society. With more than 20,000 Members in 100 countries, the Academy advances scientific and technical knowledge, addresses global challenges with science-based solutions, and sponsors a wide variety of educational initiatives at all levels for STEM and STEM-related fields. The Academy hosts programs and publishes content in the life and physical sciences, the social sciences, nutrition, artificial intelligence, computer science, and sustainability. The Academy also provides professional and educational resources for researchers across all phases of their careers. Please visit us online at www.nyas.org.
Media contact
Kamala Murthy kmurthy@nyas.org 212-298-3740
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SOURCE New York Academy of Sciences | https://www.kxii.com/prnewswire/2022/06/01/recognizing-americas-leading-innovative-scientists-2022-blavatnik-national-awards-young-scientists-names-31-finalists/ | 2022-06-01T12:07:35Z |
Man’s quick action ahead of tornado credited for saving grandfather’s life
WICHITA, Kan. (KWCH) - Quick decision making from a Wichita area man might have saved the lives of himself and his grandfather. Richie Parker was outside southeast of Wichita, watching the storm develop when he realized he and his grandfather, Ronald L. Pray Sr. needed to get to safety.
A box car that now sits a few hundred feet from where it sat Friday shows the power of the storm, as well as how quick thinking from Parker may have saved lives.
“Grandpa said to me, he said, ‘it’s not moving, it’s kind of still,’” Parker recalled. “I’m like, ‘okay, we are in it.’ And I turn around to grab that door handle and it was locked and I was like, ‘oh no.’”
Parker said his instincts had him throwing his body, shoulder-first into the door to break it open. With the door to Pray’s home open, Parker said he grabbed his grandfather and the dogs and went to the home’s back room to take shelter.
Parker suffered a few bruises after breaking the door open.
“He come through that door in a hurry,” Pray said. “He didn’t even open toe door. He just, just smashed the door open and came (into) the house,” Pray said.
Parker added perspective to the action he took to protect himself and family.
“I will take all the bruises I can to keep breathing,” he said.
The quick thinking when he discovered the door to safety was locked likely saved Parker and Pray from serious injury, if not worse.
“Right about that time, it sounded like a shotgun when off and, glass everywhere,” Parker said of the moments immediately following he, his grandfather and the pets settling into the shelter.
While tornadoes pose a threat every severe weather season in Kansas, they ultimately do not happen often, especially destructive forces like what on April 29 hit part of southeast Sedgwick County and Andover.
Before the dangerous storm, Parker said most of his family had left the area southeast of Wichita to take cover in Rose Hill. Parker stayed behind to check on his grandfather.
Copyright 2022 KWCH. All rights reserved. | https://www.wibw.com/2022/05/03/mans-quick-action-ahead-tornado-credited-saving-grandfathers-life/ | 2022-05-04T15:56:58Z |
‘I watched her take her last breath’: Mother of teen killed by downed electrical line shares final moments
MONROE, Mich. (WTVG/Gray News) – Elizabeth Jacobsen, 14, was set to start her freshman year, but now her family is making plans to honor her memory after she was electrocuted by touching a downed power line.
According to Monroe police detectives, Jacobsen was walking with a friend in her backyard when they believed they could “smell a bonfire.”
“My daughter thought that it was a twig on the ground and went to go pick it up and 13,800 volts went through her body. It was a wire no smaller than a charger cord,” Elizabeth’s mother, Marthajean Hunter told WTVG.
The teen was still touching the wire when emergency crews arrived, but rescue workers couldn’t help her until the power was disconnected. By then, it was too late.
“I watched her take her last breath, which was not easy. I just wanted to rip that wire off of her,” Hunter said, adding that she feels numb.
Hunter said her daughter wanted to be a police officer. Elizabeth like to give to others and will continue to do so by donating some of her organs.
“I’m wishing this was just a very horrific nightmare, but I know it’s not,” Hunter said while clutching one of the last things her daughter touched – Elizabeth’s beloved “Sofia the First” blanket.
DTE Energy is covering the costs of Elizabeth’s funeral.
Copyright 2022 WTVG via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/31/i-watched-her-take-her-last-breath-mother-teen-killed-by-downed-electrical-line-shares-final-moments/ | 2022-08-31T16:33:22Z |
Crumbl sues rival cookie shop for ‘confusingly similar’ branding
TEMPE, Ariz. (KTVK/KPHO/Gray News) – An all-out “cookie war” is heating up in the metro-Phoenix area.
Crumbl Cookies has filed a lawsuit against Dirty Dough, a rival cookie maker with a store in Tempe and two in Utah.
The lawsuit claims Dirty Dough’s cookies, decor, packaging and presentation are confusingly similar to Crumbl’s brand.
It’s an allegation Dirty Dough owner Bennett Maxwell thinks is ridiculous.
“Our colors are completely different,” Maxwell said. “Our logo’s completely different, the messaging is completely different. Yes, we serve a cookie, but go find two cookies that look more different.”
Arizona’s Family looked at the two companies and noticed some similarities between Crumbl and Dirty Dough’s websites. Both have an assortment of flavors and serve the cookies in rectangular boxes.
“A pizza is a pizza, so send me a picture of a thousand pizza boxes,” Maxwell said. “What about fast food? What does everybody serve fast food in? A brown paper bag. Are you going to tell me they are suing each other? Yeah, they are close, but we are in the same business.”
Crumbl, which is based in Utah, has also filed a lawsuit against another small cookie company called Crave, alleging similar trademark infringement.
Crumbl released this statement:
“As a franchisor of 30,000+ Crumbl Crew members, 1,000+ Franchise Partners, and hundreds of Crumbl HQ employees, we will always take seriously our role in building and protecting the company and its trademarks that we’ve all worked so hard to create together.”
Dirty Dough is planning to open 96 new franchise locations in Utah, Arizona, Nevada, Colorado, and Idaho within the next two years. Maxwell said he has no plans of backing down from the lawsuit and is ready to fight in court.
“The general public can see the Dirty Dough brand and the Crumbl brand, and see they are not confusingly similar,” Maxwell said. “I will never walk into a Dirty Dough and buy cookies and say, oh crap, I thought I just bought Crumbl cookies.”
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/22/crumbl-sues-rival-cookie-shop-confusingly-similar-branding/ | 2022-07-22T21:23:16Z |
Double-Digit Internet Value Chain Growth at Risk if Infrastructure Investors Cannot Realise Meaningful Returns
LONDON, May 15, 2022 /PRNewswire/ -- A new GSMA report warns market imbalances between network operators and online services providers may put global growth prospects at risk across multiple sectors of the internet-based economy. Policymakers, the report urges, must consider the interdependence of online services and other growth sectors on the underlying infrastructure investment.
The GSMA 2022 Internet Value Chain Report reveals factors including asymmetric regulation and restrictions, sector-specific taxes, and spectrum costs are squeezing the business models of infrastructure providers whilst allowing Big Tech to thrive.
Telco squeeze
The study finds that revenues across the internet value chain nearly doubled in five years, from $3.3 trillion in 2015 to $6.7 trillion in 2020. Much of this growth comes from online services; they saw a 19% increase in revenue per annum in 2020.
- Paid-for online services will soon exceed $1trillion in revenues, driving huge capacity demand on global networks.
- With an annual growth rate of 7.5%, the number of users being connected to the internet globally shows no sign of slowing.
- Traffic per user grew at 27% per year, with almost 80% of that being driven by video traffic.
Yet the return on investment in infrastructure for network operators was far lower, between 6% and 11%. The report highlighted average sub-10% returns on capital as a concern due to pressure on telecom operators to keep investing CAPEX at rates of up to 20% of revenue.
The GSMA's Chairman José María Álvarez-Pallete said, "The internet connects 4.6 billion people and drives the global economy. It is transforming business models, unlocking new opportunities, and uplifting communities across the world. But as some sectors in the internet value chain thrive, the demands of investing in the infrastructure those sectors rely on for growth are squeezing network operators. We welcome the growing recognition of this issue by policymakers, and as the internet-based economy expands across all sectors over the next decade."
The report notes that counterproductive taxation on infrastructure, cumbersome regulatory requirements, and other value-eroding factors can reduce incentives for infrastructure investment. It encourages policymakers to consider the full landscape of taxation and regulation, ensuring that companies investing in infrastructure are incentivised to build and upgrade the networks that underpin online services.
Download the 2022 Internet Value Chain report.
About GSMA
The GSMA is a global organisation unifying the mobile ecosystem to discover, develop and deliver innovation foundational to positive business environments and societal change. Our vision is to unlock the full power of connectivity so that people, industry, and society thrive. Representing mobile operators and organisations across the mobile ecosystem and adjacent industries, the GSMA delivers for its members across three broad pillars: Connectivity for Good, Industry Services and Solutions, and Outreach. This activity includes advancing policy, tackling today's biggest societal challenges, underpinning the technology and interoperability that make mobile work, and providing the world's largest platform to convene the mobile ecosystem at the MWC and M360 series of events.
We invite you to find out more at gsma.com
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SOURCE GSMA | https://www.mysuncoast.com/prnewswire/2022/05/15/gsma-warns-internet-value-chain-growth-stall-unless-market-imbalances-addressed/ | 2022-05-16T00:28:20Z |
National distribution network will get formula to shelves around the country
PARSIPPANY, N.J., July 1, 2022 /PRNewswire/ -- Reckitt is proud to provide the largest delivery of infant formula to the United States on three UPS flights from our world-class facility in Tuas, Singapore, facilitated by the White House's Operation Fly Formula initiative. With Reckitt's contribution of over 418,000 pounds of infant formula base powder, which equates to approximately 6 million 8-oz servings, this is a significant step toward bringing the U.S. infant formula shortage to an end. Our infant formula powder will be finished and packaged in the United States as Enfamil, a brand that U.S. consumers have known and trusted for generations, and which is the No. 1 recommended brand by pediatricians. These Enfamil products are already part of an extensive nationwide distribution network that reaches retail shelves across America quickly and efficiently and are also approved as WIC-eligible, to meet the needs of every family searching for infant formula.
Between now and November, Reckitt will import the equivalent of 66 million 8-oz servings of Enfamil formula, the biggest contribution from an existing US brand. Our manufacturing facilities are operating 24/7, and we're continually looking for more ways to increase supply, while ensuring the highest levels of safety and quality. Reckitt is thankful for the support from the White House, the Food and Drug Administration (FDA) and U.S. Department of Health and Human Services (HHS), our supply chain partners and employees globally, who have stepped up to enable us to take every measure we can to end this shortage as quickly as possible.
Reckitt* exists to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.
Reckitt is the company behind some of the world's most recognisable and trusted consumer brands in hygiene, health and nutrition, including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, Woolite and more. Every day, more than 20 million Reckitt products are bought globally. We always put consumers and people first, seek out new opportunities, strive for excellence in all that we do and build shared success with all our partners. We aim to do the right thing, always. We are a diverse global team of more than 43,000 colleagues. We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society. Find out more, or get in touch with us at www.reckitt.com
Mead Johnson Nutrition was acquired by Reckitt in 2017, merging the two company's commitments to innovation and science to continue fueling advancements in pediatric nutrition. Today, the nutrition business continues to drive innovation from its Evansville, IN site and is trusted by parents and healthcare professionals all over the world to support developing minds and bodies. We're committed to ensuring that every mom and every baby a healthy start.
Enfamil's full product portfolio is formulated to provide optimal nutrition for infants and children through every stage of development. Their dedication to science and innovation remains vital to both their product portfolio and mission by using leading-edge technologies, a highly specialized team, and expert collaborations to benefit pediatric populations around the world. Today, the Enfamil brand is trusted by parents and healthcare professionals through their passion for innovation and delivering high quality products.
* Reckitt is the trading name of the Reckitt Benckiser group of companies
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SOURCE Reckitt | https://www.mysuncoast.com/prnewswire/2022/07/01/reckitts-mead-johnson-delivering-largest-shipment-infant-formula-us/ | 2022-07-01T22:30:48Z |
A union representing about 2,000 Philadelphia School District employees said Friday it has averted a strike by reaching a tentative contract agreement just three days before the start of the school year.
In a news release, local 32BJ SEIU officials said the new deal achieves "historic" wage increases, millions of dollars in funding for additional standardized training programs, protects sick leave and paid vacation and maintains pension and employer-paid health benefits.
The deal must still be ratified by union membership, whose current contract is set to expire in five days.
Union Vice President Gabe Morgan said the new deal "honors the enormous contributions and sacrifices that 32BJ school workers have made, including risking their lives throughout the pandemic."
"32BJ members are proud to show up to work every day and that includes the upcoming school days. I want to thank Mayor (Jim) Kenney and all of the elected officials for their support and for bringing us together, without which we wouldn't have reached an agreement," Morgan said in a statement.
Philadelphia is set to begin its 2022-2023 school year Monday, according to the school district's calendar.
The employees covered under the contract are primarily bus drivers, bus attendants, bus mechanics, building cleaners, building engineers and trades workers.
Chief Talent Officer Larisa Shambaugh said district officials were excited about the agreement, adding that it reflects the deep respect and value they have for the workers.
"We see the amazing work they do everyday," she said in a statement posted to social media. "We all look forward to starting the new school year with the certainty we will do so without interruption to in-person learning for our students and families."
Stacker compiled and ranked every Jane Austen movie adaptation according to the IMDb user rating. Only features with more than 1,000 votes were included. Click for more.
CNN's Steve Almasy, Zenebou Sylla and Liam Reilly contributed to this report.
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accounts, the history behind an article. | https://www.albanyherald.com/news/philadelphia-school-district-bus-drivers-and-other-workers-reach-tentative-contract-agreement-union-says/article_49ab1e57-dbdc-55d6-a407-92f207a8d48f.html | 2022-08-27T01:09:22Z |
The addition of Dario's hypertension solution expands Solera's suite of best-in-class digital and community evidence-based health solutions
PHOENIX, June 15, 2022 /PRNewswire/ -- Solera Health, the premier platform for connecting people seamlessly and easily to proven, personalized health solutions, announces its partnership with DarioHealth, a leading digital therapeutics company revolutionizing how people with chronic conditions manage their health through a user-centric platform. Together, Solera and DarioHealth are offering a turnkey, world class solution for treating hypertension, requiring just one contract and one technical integration to make this compelling new solution quickly available for payers' and employers' member populations.
Dario's hypertension solution offers access to a hyper-personalized experience that combines a Bluetooth or cellular-connected blood pressure monitor, a smart app that provides tracking, feedback and user specific content, and specially trained health coaches to provide one-on-one support. Unique program elements include rewards and gamification to maintain engagement and the ability to add blood glucose, weight, diet and activity data to provide a holistic view of a patient's health that users can easily share with a physician to align and improve health outcomes.
"Chronic conditions like hypertension can be difficult to manage, especially when in conjunction with multiple other diseases or symptoms," said Mary Langowski, CEO, Solera. "According to the CDC, nearly half of adults in the U.S. experience high blood pressure, and the prevalence increases with age. We are thrilled to expand Solera's offerings to patients with this condition through our partnership with Dario, as well as continue strengthening relationships with our health plan partners by empowering them to offer accessible, best-in-class digital health solutions."
Cardiometabolic conditions include both cardiovascular and metabolic diseases such as hypertension, obesity and diabetes. The addition of Solera's curated network of hypertension solutions allows users with these intersectional conditions to take a more comprehensive approach to managing their health.
Hypertension contributes up to $198 billion in healthcare costs annually and employee absenteeism related to hypertension costs employers more than $10 billion each year. By driving sustainable lifestyle modifications, ensuring medication adherence and offering accessible and continuous care, these digital solutions help address the gaps in hypertension care.
Dario provides patients with person-centric support through a combination of medical devices, smart technologies and mobile applications designed to engage, inspire and motivate users to make Dario a part of their daily journey towards healthy living. Dario's commitment to diversity, inclusion and health equity ensures consistent and continuous improvement in serving everyone with a chronic condition, and all communications through the platform are tailored to user preferences. With accessibility in mind, Dario offers tools and resources to help individuals manage and improve overall health based on their own lifestyles and symptoms.
"We are excited to partner with Solera and share our digital hypertension solutions with their payer and employer clients," said Rick Anderson, President & General Manager of North America of DarioHealth. "Dario is committed to improving access and quality of care for individuals with hypertension by expanding the reach of our highly personalized solutions. This collaboration with Solera expands our ability to reach patients and continue our mission of transforming care for people with chronic conditions."
Solera's extensive array of evidence-based solutions allows payers and employers to offer personalized, convenient health solutions by taking on the burden of administrative and resource-intensive tasks like claims processing, compliance, consumer engagement, eligibility checking, consumer matching and vendor management. This partnership adds hypertension to Solera's already expansive suite of condition offerings, including Mental & Behavioral Health, Musculoskeletal, Digestive Health, Weight Management, Diabetes Prevention & Management and Tobacco Cessation.
Solera Health is committed to changing lives by guiding people seamlessly to better health solutions while providing payers and employers the tools to manage providers and outcomes across conditions. Solera's platform provides a marketplace of curated networks of digital and community point solutions focused on intensive, evidence-based lifestyle, behavioral and social interventions to impact the most prevalent and costly chronic conditions. Solera strategically matches consumers to their best-fit solution and helps keep them engaged for successful health outcomes. To learn more about Solera's partnerships and offerings, or how we can help member populations, contact us today at www.soleranetwork.com.
DarioHealth Corp. (NASDAQ:DRIO) is a leading digital therapeutics (DTx) company revolutionizing how people with chronic conditions manage their health through a user-centric multi-chronic condition platform. Our platform and suite of solutions deliver personalized and dynamic interventions driven by data analytics and one-on-one coaching for diabetes, hypertension, weight management, musculoskeletal pain, and behavioral health.
Our user-centric platform offers people continuous and customized care for health, disrupting the traditional episodic approach to healthcare. This approach empowers people to holistically adapt their lifestyles for sustainable behavior change, driving exceptional user satisfaction, retention, and results. Making the right thing to do the easy thing to do.
Dario provides its highly user rated solutions globally to health plans and other payors, self-insured employers, providers of care and directly to consumers. To learn more about DarioHealth and its digital health solutions, or for more information, visit http://dariohealth.com.
Media Contact:
Matt Maurel 512.387.3440
matt.maurel@anthonybarnum.com
This news release and the statements of representatives and partners of DarioHealth Corp. related thereto contain or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the Company is using forward-looking statements in this press release when it discusses the expected timing of the contract launch and the potential benefits that may be realized by users utilizing the Dario platform. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this news release. Factors that may affect the Company's results include, but are not limited to, regulatory approvals, product demand, market acceptance, impact of competitive products and prices, product development, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks, and the risks associated with the adequacy of existing cash resources. Additional factors that could cause or contribute to differences between the Company's actual results and forward-looking statements include, but are not limited to, those risks discussed in the Company's filings with the U.S. Securities and Exchange Commission. Readers are cautioned that actual results (including, without limitation, the timing for and results of the Company's commercial and regulatory plans for Dario™ as described herein) may differ significantly from those set forth in the forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
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SOURCE Solera Health | https://www.kxii.com/prnewswire/2022/06/16/solera-health-adds-dariohealth-its-cardiometabolic-network-offer-hypertension-management-solutions/ | 2022-06-16T01:20:46Z |
EAST HANOVER, N.J., May 11, 2022 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced results for the first quarter of 2022.
FIRST QUARTER 2022 HIGHLIGHTS
(As compared to the First Quarter of 2021)
- Total Revenues of $43.6 million, +19.8% y/y
- Operating Income of $0.7 million, (63.3%) y/y
- Net Income of $0.5 million, (82.1%) y/y
- Adjusted Operating Income of $0.9 million, (53.8%) y/y
- Adjusted Net Income of $0.7 million, (57.1%) y/y
- Reaffirmed full-year 2022 financial guidance
Total revenue increased by 20% on a year-over-year basis in the first quarter of 2022, driven primarily by growth in the Sanitaryware and Other product categories, partially offset by declines in Bath Furniture. Revenues were strong across the United States and Canada, while Europe declined modestly.
The Company reported operating income of $0.7 million in the first quarter of 2022, a decline of $1.2 million versus the prior-year period, primarily driven by supply chain disruptions, marketing investments, and public company costs, partially offset by strong organic revenue growth. Excluding non-recurring IPO-related compensation and stock-based compensation expense of $0.2 million, adjusted operating income was $0.9 million during the first quarter of 2022, as compared to $2.0 million for the prior-year period. For the three months ended March 31, 2022, the Company reported GAAP net income of $0.5 million, or $0.05 per diluted share, versus net income of $3.0 million, or $0.42 per diluted share, in the first quarter of 2021. Excluding non-recurring items and the related tax impact, the Company reported first quarter 2022 adjusted net income of $0.7 million, or $0.07 per diluted share.
MANAGEMENT COMMENTARY
"First quarter 2022 results exceeded our expectations, with total revenue increasing by 20% on a year-over-year basis, driven by strong demand in the pro channel for sanitaryware within our U.S. and Canadian markets," stated David Bruce, President and Chief Executive Officer of FGI. "Although higher freight costs and inflationary pressures remain a near-term challenge across the industry, we've taken pricing actions to offset these margin headwinds, which together with our Brands-Products-Channels (BPC) strategy, resulted in nearly 300 basis points of sequential gross margin improvement in the first quarter of 2022 as compared to the fourth quarter of 2021. The year is off to a strong start, supported by robust demand for our key products, together with improved price realization in select product channels."
"We believe our diverse product portfolio, including an attractive mix of 'on-trend' products, together with new product offerings such as our shower wall systems and custom kitchen cabinetry, have continued to resonate with consumers," continued Bruce. "Importantly, we continue to see meaningful opportunities to significantly expand our presence within newer, higher growth categories, while growing our mix of higher-margin, branded product lines"
"Recently introduced price increases have been widely accepted across our markets," stated Perry Lin, Chief Financial Officer of FGI. "These price actions, together with recent operational improvements, are expected to drive continued sequential gross margin improvement into the second half of 2022. Exiting the first quarter of 2022, we have ample liquidity with which to support the ongoing growth of our business."
"Demand trends in our kitchen and bath end markets remain resilient, highlighting the stability of our key product categories, which combined with our focus on the more stable repair and remodel market results in a stable, predictable growth profile," continued Bruce. "We continue to successfully execute on our strategic plan, and we are excited by a number of key programs that have the potential to drive incremental growth in the coming quarters. Based on these factors, we are reiterating our full-year 2022 financial guidance."
STRATEGIC UPDATE
Consistent with its long-term strategic plan, FGI intends to drive value creation for its shareholders through a focus on product innovation, execution of its BPC strategy to drive organic growth, margin expansion, and efficient capital deployment. Notable progress against these initiatives achieved during the first quarter were as follows:
- FGI further expanded its Jetcoat Shower wall systems product line though the launch of additional shower walls and doors that are generating favorable customer responses.
- FGI continued to make progress offsetting the margin headwinds from supply chain challenges through price increases and other efficiency measures. The Company generated nearly 300 basis points of sequential gross margin improvement during the first quarter of 2022 as compared to the fourth quarter of 2021 despite lower seasonal revenues and remains on track to generate continued margin improvement in the back half of 2022.
- FGI continues to focus its capital deployment efforts on organic growth strategies in the near-term, and the Company is pursuing a number of attractive organic growth initiatives that could contribute incremental organic growth in coming quarters.
FIRST QUARTER 2022 RESULTS
Revenue totaled $43.6 million during the first quarter of 2022, an increase of 19.8% compared to the prior-year period, driven by 3% volume growth and 17% benefit from price/mix. Revenue benefitted from volume and pricing growth in both Sanitaryware and Bath Furniture, as well as contribution from new products such as shower wall systems and kitchen cabinetry. However, a less robust product mix and some delays in orders caused Bath Furniture revenues to decline in the quarter. Revenue trends were strong across the key US and Canadian markets with revenues up 24% and 29%, respectively. European revenue during the first quarter of 2022 was down $0.8 million, or 17% compared to the prior-year period.
- Sanitaryware revenue was $28.2 million during the first quarter of 2022, an increase of 23.6% compared to the prior-year period, primarily driven by continued volume strength in the pro channel.
- Bath Furniture revenue was $10.1 million during the first quarter of 2022, a decrease of 11.9% compared to the prior-year period. Volumes in Bath Furniture were up year-over-year; however, a less favorable product mix weighed on revenues. In addition, the Company experienced some order delays as certain customers had to push out orders into the second quarter of 2022 due to warehousing and supply chain issues. This is a timing issue, and the Company expects to ship the orders in the coming quarters.
- Other revenue was $5.3 million during the first quarter of 2022, an increase of 153% compared to the prior-year period, primarily driven by volume growth resulting from continued strength in sales of the Jetcoat Shower wall systems.
Gross profit was $7.5 million during the first quarter of 2022, an increase of 2.8% compared to the prior-year period, as strong demand in the pro channel and R&R markets in the U.S. and Canada was partially offset by supply chain disruptions. As a result of these factors, gross profit margin was 17.3% during the first quarter of 2022, down from 20.1% in the prior-year period. The reduction in the Company's gross margin percentage is primarily attributable to the impact of higher raw materials and higher freight charges associated with recent global supply chain issues. While gross profit margin was down year-over-year, the Company is beginning to see the benefits of measures put in place to offset recent margin headwinds, as first quarter 2022 gross profit margin was up 277 basis points from the fourth quarter of 2021. The sequential gross margin improvement was realized despite first quarter of 2022 revenues being down seasonally from the fourth quarter of 2021, which highlights the progress realized on margin recovery measures.
Operating income was $0.7 million during the first quarter of 2022, down from $1.9 million in the prior-year period. The decrease in operating income was primarily driven by gross margin pressure, investments in marketing, and public company costs, partially offset by strong revenue growth. As a result, operating margin was 1.6% during the first quarter, down from 5.2% in the same period last year. Excluding one-time IPO bonuses and stock-based compensation expense of $0.2 million, adjusted income from operations was $0.9 million during the first quarter of 2022, compared to adjusted income from operations of $2.0 million in the prior-year period. FGI expects pricing actions and other cost reduction measures to help offset the headwinds from supply chain and inflation challenges in the back half of 2022.
FINANCIAL RESOURCES AND LIQUIDITY
As of March 31, 2022, the Company had $8.8 million of cash and cash equivalents, total debt of $16.3 million and $1.7 million of availability under its credit facility, net of letters of credit. Combined with cash and cash equivalents, total liquidity was $10.5 million at March 31, 2022.
FINANCIAL GUIDANCE
The outlook for FGI's business and the long-term trends in the repair and remodel markets remains strong. The Company reiterates its fiscal 2022 guidance as follows:
- Total revenue of between $182 million and $189 million
- Total operating income of between $6.5 million and $7.5 million
- Total Net Income of $5.0 million to $6.0 million
FIRST QUARTER CONFERENCE CALL
FGI will conduct a conference call on Thursday, May 12 at 8:00 am Eastern Time to discuss the quarterly results.
A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investor.fgi-industries.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and download and install any necessary audio software.
To participate in the live teleconference:
To listen to a replay of the teleconference, which will be available through May 26, 2022:
ABOUT FGI INDUSTRIES
FGI Industries Ltd. (Nasdaq: FGI) is a leading global supplier of kitchen and bath products. For over 30 years, we have built an industry-wide reputation for product innovation, quality, and excellent customer service. We are currently focused on the following product categories: sanitaryware (primarily toilets, sinks, pedestals and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodel activity and, to a lesser extent, new home or commercial construction. We sell our products through numerous partners, including mass retail centers, wholesale and commercial distributors, online retailers and specialty stores.
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipate," "expect," "could," "may," "intend," "plan", "see" and "believe," among others, generally identify forward-looking statements. These forward-looking statements include FGI's guidance. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to FGI's periodic filings with the Securities & Exchange Commission including those described as "Risk Factors" in FGI's annual report on Form 10-K for the year ended December 31, 2021 and in quarterly reports on Form 10-Q filed thereafter. FGI does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
NON-GAAP FINANCIAL MEASURES
In addition to the measures presented in our unaudited condensed consolidated financial statements, we use the following non-GAAP measures to evaluate our business, measure our performance, identify trends affecting our business and assist us in making strategic decisions. Our non-GAAP measures are: Adjusted Income from Operations, Adjusted Net Income and Adjusted Net Income Per Share. These non-GAAP financial measures are not prepared in accordance with GAAP. They are supplemental financial measures of our performance only, and should not be considered substitutes for net income, income from operations or any other measure derived in accordance with GAAP and may not be comparable to similarly titled measures reported by other entities.
We define Adjusted Income from Operations as GAAP income from operations excluding the impact of certain non-recurring expenses, including IPO-related compensation and stock-based compensation expense and expenses related to COVID-19 protocols. We define Adjusted Net Income as GAAP net income excluding the tax-effected impact of certain non-recurring expenses and income, such as IPO-related compensation and stock-based compensation expense, expenses related to COVID-19 protocols and the impact of our PPP loan. We define Adjusted Net Income Per Share as GAAP net income per share excluding one-time expenses and income, including IPO-related compensation and stock-based compensation expense, expenses related to COVID-19 protocols and the impact of our PPP loan.
We use these non-GAAP measures, along with U.S. GAAP measures, to evaluate our business, measure our financial performance and profitability and our ability to manage expenses, after adjusting for certain one-time expenses, identify trends affecting our business and assist us in making strategic decisions. We believe these non-GAAP measures, when reviewed in conjunction with U.S. GAAP financial measures, and not in isolation or as substitutes for analysis of our results of operations under U.S. GAAP, are useful to investors as they are widely used measures of performance, and the adjustments we make to these non-GAAP measures provide investors further insight into our profitability and additional perspectives in comparing our performance over time on a consistent basis.
The following table reconciles Income from Operations to Adjusted Income from Operations, as well as net income to Adjusted Net Income and net income per share to Adjusted Net Income Per Share for the periods presented.
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SOURCE FGI Industries Ltd. | https://www.wibw.com/prnewswire/2022/05/11/fgi-industries-announces-first-quarter-2022-results/ | 2022-05-11T21:28:20Z |
Experienced Aerospace Executive to Helm Leading Electric Propulsion Company
GENEVA, May 23, 2022 /PRNewswire/ -- magniX today named Nuno Taborda as Chief Executive Officer. Taborda is an accomplished aerospace executive with two decades of experience driving business performance and delivering pioneering technology programs from proof-of-concept, through certification, entry-into-service and scaled production.
"Nuno is a leader with deep experience in all aspects of the aviation industry," said Dominique Spragg, Chairman of magniX. "His entrepreneurial mindset is highly valuable as magniX continues to pioneer electric solutions for the future of flight. The expertise and background Nuno brings to the team comes at a crucial point for magniX as the company moves its electrical propulsion systems towards certification and into production at scale."
Taborda joins magniX on June 1 from Rolls-Royce Plc with more than 20 years of experience, most recently as Senior Vice President of Production Programs, where he was accountable for all engine production programs in the multi-billion dollar business aviation unit at the renowned engineering company. He was previously the executive responsible for the entry-into-service of the Rolls-Royce Pearl® 15 engine – the first member of a new engine family for the next generation of Rolls-Royce powered business jets. He has also held senior roles in engineering, operations and strategy in Germany, Brazil, Canada and the UK.
"I am extremely proud and excited to have the opportunity to lead the incredibly talented magniX team," said Nuno Taborda. "We are on the cusp of the biggest technological leap aviation has seen since the development of the gas turbine by Sir Frank Whittle. It is exciting to see magniX leading the way with its advanced technology and innovation."
Advancing the Future of Flight
Taborda joins magniX at a time of significant growth.
The company recently announced the key industry partners for its NASA Electrified Powertrain Flight Demonstration (EPFD) project to accelerate the introduction of electrification technology for use in commercial applications by partnering with AeroTEC, an industry leader in integrating electric propulsion on airplanes, and Air Tindi, operator of De Havilland Canada Dash 7 aircraft to demonstrate a hybrid airplane configuration with planned first flight by 2025.
magniX last week agreed to develop the propulsion for a pure electric and hybrid-electric version of the Cessna Caravan in an agreement with Surf Air, a Los Angeles-based electric aviation and air travel company, converting more than 150 aircraft.
About magniX
Headquartered in Everett WA, magniX is dedicated to enabling an era of clean and affordable commercial air travel with all-electric propulsion. magniX offers a range of revolutionary solutions including all-electric motors – which produce zero emissions and increased efficiency for various aviation applications. For more information, please visit www.magnix.aero
Contact
FINN Partners for magniX
magniX@finnpartners.com
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SOURCE magniX | https://www.mysuncoast.com/prnewswire/2022/05/23/magnix-names-nuno-taborda-ceo/ | 2022-05-23T06:15:11Z |
Raptors top 76ers 103-88 behind Siakam, force Game 6 at home
By DAN GELSTON
AP Sports Writer
PHILADELPHIA (AP) — Pascal Siakam scored 23 points, Precious Achiuwa had 17 and the Toronto Raptors forced a return home for Game 6 against the Philadelphia 76ers. The Raptors beat the Sixers 103-88 to move within 3-2 in their Eastern Conference first-round series. Game 6 is Thursday night in Toronto. The Raptors have won the last two games in the series. Joel Embiid had 20 points and 11 rebounds playing with a thumb injury. James Harden scored 15 points. The Raptors opened the second quarter on a 12-0 run to take control. The 76ers were booed off the court at halftime and throughout their latest lackluster postseason effort. | https://localnews8.com/sports/ap-national-sports/2022/04/25/raptors-top-76ers-103-88-behind-siakam-force-game-6-at-home/ | 2022-04-26T07:42:15Z |
ROCKVILLE, Md., Aug. 3, 2022 /PRNewswire/ -- Cirrus Dx, Inc. ("CirrusDx"), an infectious disease diagnostics and laboratory company, announces the acquisition of Dascena Inc.'s Houston-based laboratory business, Dascena Labs, LLC ("Dascena Labs").
Through the acquisition CirrusDx will enhance its current services by further expanding its national laboratory footprint, while strengthening its sequencing capabilities. Dascena Labs is a state-of-the-art CLIA laboratory capable of high-volume specialized testing.
"We are pleased to continue to drive growth" said Kyle Armantrout, Managing Partner at CirrusDx. "Acquiring the expertise and technology of Dascena Labs aligns with our services, allowing us to build on our current offerings and our mission to support long-term care centers, regional hospitals, and healthcare providers."
CirrusDx operates as a vertically integrated diagnostic company comprised of a CLIA High Complexity laboratory offering advanced diagnostics assays and diagnostic instrumentation. CirrusDx is the commercial companion company to Tetracore, a biotechnology company specializing in the development and manufacture of infectious disease diagnostic assays. For more information visit: www.cirrusdx.com
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SOURCE CirrusDx | https://www.mysuncoast.com/prnewswire/2022/08/03/cirrusdx-acquires-dascenas-texas-laboratory-business-expanding-infectious-disease-portfolio/ | 2022-08-03T20:49:27Z |
COLUMBUS, Ohio (WCMH) — A 20-year-old is dead after he was shot and killed early Tuesday by a Columbus police officer attempting to serve an arrest warrant on him. Body camera footage shows that the man, who was Black, was unarmed and sitting in bed next to what may have been a vape pen.
The footage was publicly revealed Tuesday afternoon, hours after the shooting, in a media briefing attended by Columbus Mayor Andrew Ginther. The victim was identified as Donovan Lewis, and court records show officers were serving a warrant for improperly handling a firearm, assault, and domestic violence.
“A mother has lost her son today in the city of Columbus,” Ginther said.
Below is an edited and redacted version of the body camera footage. Some may find its contents disturbing.
Officers went to an apartment building in the 3200 block of Sullivant Avenue to serve the warrant. The footage shows them knock on an apartment door for eight to 10 minutes before a man answers and was taken into custody. Officers saw another man inside the entrance of the apartment and detained him as well.
They asked both occupants if anyone else was inside, and neither would say. Police then yelled to warn anyone inside they were releasing a K-9, with no response.
The video shows the dog move to the kitchen and start barking at a back bedroom door. The dog’s handler, Officer Ricky Anderson, moved to hold the dog back and open the door, while another officer followed him. Both had their guns drawn and pointed in the direction of the door.
Within one second of opening the door, Anderson shot Lewis as he sat up in a bed against the back corner of the room. Police said Anderson shot Lewis while he was wrangling the K-9.
Anderson, a 30-year veteran of the force, was placed on leave pending an investigation of the shooting.
Chief Elaine Bryant said Anderson fired his gun when Lewis appeared to raise a hand with something in it. Moving frame-by-frame through the video showed the man raising his right hand toward officers, while he put his left hand back toward a pillow.
“There was, like, a vape pen that was found on the bed right next to him,” Bryant said.
After the shooting, the footage shows officers putting Lewis in handcuffs while he was on the bed and then carrying him out of the apartment. Police haven’t specified where on his body he was shot, but video recorded outside the apartment shows police appear to try to treat the left side of his chest and also pull his pants off.
After trying to treat his gunshot wound at the scene, medics took him to the hospital. He was pronounced dead at 3:19 a.m.
“Donovan Lewis lost his life,” Bryant said. “As a parent, I sympathize and grieve with his mother. As a community, I grieve with our community, but we’re going to allow this investigation to take place.”
The Ohio Bureau of Criminal Investigation said it is leading the investigation, as it does on any shooting involving Columbus police based on an agreement between the agencies.
“Every day, officers are put in compromising potentially life-threatening situations in which we are required to make split-second decisions,” Bryant said. “As the chief, it is my job to hold my officers accountable, but it’s also my job to offer them support.”
“When our officers have done the right thing, we’re going to stand with them,” Ginther said. “And when they do the wrong thing, we’re going to hold them accountable. We can’t do either of those things right now until this investigation is complete.”
The shooting comes less than two years after a Columbus police officer shot a Black man who turned out to be unarmed. In that case, Officer Adam Coy apparently mistook Andre Hill’s phone for a possible gun. Hill was 47 when Coy responded to a nonemergency call and found Hill in a neighboring driveway.
Following that shooting, Ginther moved to bring in an outsider to run Columbus’ police department, selecting Bryant as chief in June 2021. Coy also lost his job. | https://cw33.com/news/nexstar-media-wire/man-shot-and-killed-by-ohio-police-may-have-had-vape-pen-not-gun/ | 2022-08-31T20:58:02Z |
Here are Election Day polling places for Bell, Milam, Falls, Coryell and Lampasas counties, and portions of McLennan and Williamson counties:
Bell County
001 Belton Nazarene Church, 1701 Sparta Road, Belton
002 Belton Annex, 550 E. Second Ave., Belton
003 Belton Annex North, 1605 N. Main St., Belton
004 Belton Senior Center, 842 S. Mitchell, Belton
005 Morgan’s Point Resort Event Center, 60 Morgan’s Point Blvd., Morgan’s Point Resort
006 Bliss Community Center, 109 S. Evans, Little River-Academy
007 Liberty Christian Center, 4107 Westcliff Road, Killeen
008 Holland Fire Department, 101 W. Travis St., Holland
009 Christian House of Prayer, 3300 E. Stan Schlueter Loop, Killeen
010 J.W. Sims Community Center, 408 N. 10th St., Nolanville
011 VFW Post No. 3892, 201 VFW Drive, Harker Heights
012 Harker Heights Parks & Recreation Center, 307 Miller’s Crossing, Harker Heights
013 Salado Church of Christ Activities Center, 217 N. Stagecoach Road, Salado
014 Vista Community Church, 7051 Stonehollow, Temple
015 Jackson Professional Learning Center, 902 Rev. R.A. Abercrombie Drive, Killeen
016 Killeen Senior Center @ Lions Club Park, 1700 E. Stan Schleuter Loop, Killeen
017 Grace Christian Center, 1401 E. Elms Road, Killeen
018 St. Paul Chong Hasang Catholic Church, 1000 E FM 2410, Harker Heights
019 First Baptist Church of Trimmier, 6405 Chapparral Road, Killeen
020 Troy Community Center, 201 E. Main, Troy
021 VFW Post No. 1820, 3302 Airport Road, Temple
022 Jefferson Elementary, 2616 N. Third St., Temple
023 A&E Storage, 4970 E. U.S. Highway 190, Temple
024 Cross Church on Birdcreek, 2202 Birdcreek Drive, Temple
025 Immanuel Baptist Church, 1401 W. Central Ave., Temple
026 Temple College Pavilion-Leopard Room 2800, 130 E. Marvin R. Felder Drive, Temple
027 Temple ISD Administration Bldg., 401 Santa Fe Way, Temple
028 Meridith-Dunbar Early Childhood Academy, 1717 E. Ave. J, Temple
029 St. Joseph Catholic Church Fellowship Hall, 20120 FM 485, Burlington
030 First Baptist Church of Moffat, 13929 Moffat Road, Temple
031 First Baptist Church of Rogers, 5 Prairie Ave., Rogers
032 Raye-Allen Elementary School, 5015 S. Fifth St., Temple
033 Boys Ranch, 3275 Boys Ranch Road, Kempner
034 Robert M. Shoemaker High School, 3302 Clear Creek Road, Killeen
035 Killeen Annex, 304 Priest Drive, Killeen
036 Triple 7 Fire Station, 258 Triple 7 Trail, Killeen
037 Skyline Baptist Church, 906 Trimmier Road, Killeen
038 West Bell Water Supply Office, 4201 Chaparral Road, Killeen
039 Killeen Utilities Department, 210 W. Ave. C, Killeen
040 Sugar Loaf Elementary School, 1517 Barbara Lane, Killeen
041 Roy J. Smith Middle School, 6000 Brushy Creek Drive, Killeen
042 Bartlett City Hall, 140 W. Clark Street, Bartlett
Milam County
Milam County Courthouse, 102 S. Fannin, Cameron
Buckholts Community Center, 110 W. Main, Buckholts
Rockdale Hospital, 1700 Brazos Ave., Rockdale
Thorndale VFW Post, 302 Moerbe St., Thorndale
Coryell County
Holy Family Catholic Church, 1001 Georgetown Road, Copperas Cove
Copperas Cove Early Voting Center, 508 B Cove Terrace, Copperas Cove
Evant City Hall, 598 E. Highway 84, Evant
Turnersville Community Center, 8115 FM 182, Gatesville
Gatesville Annex, 801 E. Leon St., Gatesville
Falls County
D. Brown Library, 203 N. Second St., Rosebud
Chilton Volunteer Fire Department, 2589 State Highway 7, Chilton
Lampasas County
Lampasas Elections Office, 402 S. Pecan St., Suite 102, Lampasas
Kempner Fire Department and Training Center, 315 S. Pecan St., Kempner
Lometa City Hall, 100 E. San Saba St., Lometa
McLennan County
Bruceville-Eddy ISD Special Events Center, 1 Eagle Drive, Bruceville-Eddy
Moody First United Methodist Church, 500 Sixth St., Moody
Williamson County
Bartlett City Hall, 140 W Clark St., Bartlett
Florence City Hall, 851 FM 970, Florence
First Baptist Church, 301 E. Mesquite, Granger | https://www.tdtnews.com/news/business/article_e6571fce-daf6-11ec-9139-abbb9c25e1c3.html | 2022-05-24T05:44:44Z |
XIAMEN, China, July 14, 2022 /PRNewswire/ -- The 14th Straits Forum unveiled in East China's Fujian Province on July 12. The main venue was set in Xiamen, and the plenary session was held on the 13th.
On the previous day of the opening, Xi Jinping, general secretary of the Communist Party of China Central Committee, encouraged young people across the Taiwan Straits to jointly strive for the Chinese Dream of national rejuvenation.
This year, the Straits Forum carried on the theme of "Promoting people-to-people exchanges and deepening integrated development". It combined on-line and on-site events together, and organized general meetings and breakout sessions.The forum set one plenary session and organized 43 events for the four major topics: youth exchanges, grassroots exchanges, cultural exchanges and economic exchanges. 12 events were held at the district and city level, and about 2,000 guests from Taiwan attended the forum on-site, according to the Office of the Straits Forum Organizing Committee.
The Straits Forum is widely regarded as the "forum for the ordinary people" by compatriots on both sides of the Straits. It has built up a bridge that connects the heart between compatriots from across the Straits, and paved a road that benefits all. This forum will continue to focus on the grassroots and the youth, and serve their best interests, joining hands with Taiwan compatriots to carry forward the traditional Chinese culture, taking the initiative in sharing development opportunities with Taiwan compatriots, and driving the integrated development of economic advancement and social prosperity on both sides of the Straits.
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Caption: The 14th Straits Forum held in Fujian, China
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SOURCE Office of the Straits Forum Organizing Committee | https://www.wibw.com/prnewswire/2022/07/14/14th-straits-forum-held-fujian-china/ | 2022-07-14T09:54:42Z |
Which Danner hiking boots are best?
Since the 1930’s, Danner has been crafting some of the most durable and high-quality boots available. A favorite amongst long distance backpackers and casual day hikers, Danner hiking boots are a staple in the world of outdoor apparel.
While Danner hiking boots aren’t necessarily the most budget-friendly, their enduring craftsmanship and comfortable fit make them an ideal trail companion. The Danner Mountain Light boots are one of the best-selling models due to their rugged durability and support on rough terrain.
What to know before you buy Danner hiking boots
Usage
Danner hiking boot styles vary depending on the type of hiking and terrain for which they are intended. Backpackers and long distance hikers will appreciate the heavy-duty protection and ankle support of sturdier models, while day hikers or lightweight thru-hikers will likely benefit from a lighter, more flexible model.
Fit
Danner boots should fit similar to other hiking boots, providing an overall snug fit without feeling too tight in any specific area. You also don’t want your Danner boot to fit too loosely, as it could cause blisters from excessive rubbing or sliding as you walk. For many Danner styles, the fit is true to size. However, there are some users who end up sizing down a half or full size for some of the classic leather models.
Break-in period
Danner’s more recent lightweight hiking boots won’t require as much of a break-in period, seeing as they are usually made from softer and more flexible materials. Full-grain leather boots, such as the Mountain Light model, will require a much longer break-in period in order to soften, stretch and conform to your specific foot shape.
What to look for in a quality pair of Danner hiking boots
Comfort
Danner boots are designed for comfort while out on the trail. The best Danner hiking boots will come equipped with features, such as shock-absorbing heals, cushioned footbeds, EVA midsoles, fiberglass shanks, thick outsoles and breathable interiors to help prevent sweat build-up.
Material
Danner has always focused on using high-quality materials in the construction of their boots. Depending on preference, you can find Danner hiking boots featuring a full-grain leather upper, suede upper or a combination of leather and durable nylon. These materials help to create a classic appeal that can be worn in both wilderness and casual settings.
Sole
The outsole will provide stability, traction and help absorb harsh impact. There are several different options as far as Danner hiking boot soles go, but all provide reliable grip even on slick or wet surfaces. Whether it’s an adaptive Vibram lug sole or a Danner Waffle rubber outsole, you can count on support and traction on varied terrain.
Waterproof lining
Having a waterproof hiking boot will help keep your feet dry and healthy when embarking on longer treks, crossing streams or hiking in the rain. When choosing a Danner hiking boot, look for a model that sports either a GORE-TEX or Danner Dry lining, which will keep water out while still allowing your feet to breathe.
If you prefer a non-waterproof boot, there are a few Danner models that utilize a mesh lining to increase breathability.
Weight
When attempting to conquer steep and challenging terrain, a heavy boot can occasionally weigh you down. Some of Danner’s more classic styles may be slightly heavier than hikers are used to, but they more than make up for it with superior protection and durability.
If weight is an issue, models like the Mountain 600 or several of Danner’s low-cut options offer a lightweight design without sacrificing quality.
How much you can expect to spend on Danner hiking boots
You can expect to pay anywhere between $140-$390 for a pair of Danner hiking boots. Lightweight models tend to be less expensive than sturdier full-grain leather boots.
Danner hiking boot FAQ
Do Danner boots have a warranty?
A. Every pair of Danner hiking boots comes with a 1-year warranty. This will cover any defects, craftsmanship issues or problems relating to the waterproof linings. Aside from the warranty, Danner also offers recrafting services on certain boots that utilize a stitchdown construction.
How should I break in my new Danner boots?
A. The best way to break in Danner hiking boots is to simply wear them around your home for several days before attempting a hike. This will allow the leather to mold to your foot, minimizing the chance of blisters and hot spots when on the trail.
What’s the best Danner hiking boot to buy?
Top Danner hiking boot
What you need to know: An extremely durable hiking boot that will last for years.
What you’ll love: The full grain leather upper has a retro appearance but sports updated features, like a waterproof GORE-TEX lining to keep your feet dry mile after mile. Hikers will also appreciate the study Vibram Kletterlift sole and fiberglass shank for added support.
What you should consider: These boots will take some time to fully break in.
Where to buy: Amazon and Backcountry
Top Danner hiking boot for the money
What you need to know: These hiking boots are perfect for those who want durable waterproof protection without the added weight.
What you’ll love: The adaptive Vibram Fuga sole grips both wet and dry surfaces with ease, while the cushioned Ortholite footbed keeps your feet comfortable on long treks. The Mountain 600 is available in a number of materials and colors.
What you should consider: These boots might not last as long as other Danner models.
Where to buy: Amazon and Backcountry
Worth checking out
What you need to know: A great crossover option for those who want versatility.
What you’ll love: The Danner Dry lining provides reliable protection from the elements, and the combination of leather and abrasion-resistant nylon creates a unique contrast. With a short break-in period and a sneaker-like fit, you can be out on the trail in no time.
What you should consider: Not the best option for hikers with wide feet.
Where to buy: Amazon and Backcountry
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/shoes-br/boots-br/best-danner-hiking-boots/ | 2022-06-21T17:49:34Z |
VERO BEACH, Fla., Aug. 10, 2022 /PRNewswire/ -- Watercrest Sarasota Senior Living Community is solidifying their reputation of excellence and distinction amongst senior living communities in Sarasota, Florida and Executive Director, Jennifer Butler is championing that movement.
Butler leads a dedicated team of Watercrest associates implementing signature Watercrest offerings including Live Exhilarated programming, Artful Expressions, Aprons & Appetizers, Personal Life Silhouettes and a host of wellness amenities from the therapeutic Spa W to the lush yoga yard. Watercrest Sarasota is a newly-constructed senior living campus appealing to individuals seeking ingenuity in senior living with plentiful opportunities for socialization, engagement, recreation and new experiences in an innovative and resort-style environment.
Butler not only brings industry knowledge and widespread achievements to her role as Executive Director, but also personal experience which drives her on a daily basis. Jennifer began her senior living career in 2003 as a senior living advisor igniting her passion for the industry, but when her beloved Nana was diagnosed with dementia, Jennifer experienced the disease process firsthand. In a determined effort to expand her industry knowledge, she became a licensed administrator and went on to operate home-health agencies, in-home care agencies, and lead independent living, assisted living, memory care and skilled nursing communities as an executive director.
"Jennifer brings a zest for life and a compassion for seniors which she pours into her associates, residents, and family members to create a culture where service is top notch and our seniors' needs are met on an individualized basis," says Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group. "She has made a significant impact at Watercrest Sarasota and we look forward to her future growth with Watercrest."
Watercrest Sarasota is a luxury senior living campus comprised of 72 independent, 94 assisted living and 32 memory care residences with world-class amenities and exceptional care. The community offers upscale living accommodations, indoor and outdoor fireplaces, grand balconies, multiple dining venues and signature culinary offerings.
Watercrest Sarasota is a signature Watercrest product partnered by Watercrest Senior Living Group and United Properties. The community is ideally located at 4100 University Parkway in Sarasota, Florida. For information, call 941-541-3561.
About Watercrest Senior Living Group
Watercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. Watercrest senior living communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming offering unparalleled service to seniors living with Alzheimer's and dementia. A 5-time certified Great Place to Work, Watercrest specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. For information, visit www.watercrestseniorliving.com.
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SOURCE Watercrest Senior Living Group | https://www.kxii.com/prnewswire/2022/08/10/watercrest-sarasota-senior-living-community-shines-under-leadership-executive-director-jennifer-butler/ | 2022-08-11T00:00:35Z |
RICHMOND, Va., June 9, 2022 /PRNewswire/ -- Many in the social justice community and Menthol Is Not A Crime are opposed to the Food and Drug Administration's (FDA) proposal to ban menthol-flavored and other flavored cigarettes. Since 85% of menthol smokers are Black, at first glance, this might seem like a good way to curb smoking-related health issues, but the unintended consequences of making anything illegal that a preponderance of a historically discriminated against group use without criminal justice reform will only hurt Black people.
"In the communities where we live and work, probable cause means a whole different level of law enforcement interaction with our young people - it simply is not like in other communities," wrote the family members of police brutality victims and The Mothers of the Movement Members, Gwen Carr (mother of Eric Garner), Sybrina Fulton (mother of Trayvon Martin) and Philonise Floyd (brother of George Floyd).
In their letter to the Biden-Harris Administration, Mothers of the Movement continued, "We have more than enough challenges now. We do not need another stop and frisk policy."
Groups that oppose the menthol ban also believe it will lead to more over-policing of Black communities. According to the NAACP, a Black person is "five times more likely to be stopped without just cause than a white person."
Former police chief and former national president of the National Organization of Black Law Enforcement Executives (NOBLE) stated, "I don't want police to have one more reason to put their hands on young Black men."
There have already been incidents where cigarettes were used to target the Black community and have had deadly consequences. Police initially approached Eric Garner for suspicion of selling single-use cigarettes, and George Floyd was approached for allegedly using a counterfeit $20 bill to purchase cigarettes. Both were killed by police while repeating the words, "I can't breathe," while lying face down on the sidewalk. If menthol cigarettes were to become illegal, this would only increase the likelihood of unintended consequences due to more police interactions.
The Black community will have an opportunity to vocalize their opposition to the menthol ban during the FDA's two listening sessions on June 13 and June 15 and an open comment period that ends on July 5.
To learn more: https://www.mentholisnotacrime.net/
Media contact: mentholisnotacrime@gmail.com
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SOURCE Menthol Is Not A Crime | https://www.mysuncoast.com/prnewswire/2022/06/09/why-does-black-community-oppose-menthol-ban/ | 2022-06-09T20:15:34Z |
HONG KONG, June 27, 2022 /PRNewswire/ -- CMIC, through its wholly owned subsidiary China Merchant Green Hydrogen Technology Co., Ltd ("GHT"), signed a share purchase agreement to invest in Shenzhen Intelligent Hydrogen Industry Co., a hydrogen powered truck leasing platform to provide green transportation solutions required in specific clean environments such as domestic ports, parks, municipal sanitation roads, etc.
This is one of several steps CMIC has been taking recently to enhance its positioning in the hydrogen value chain. This platform brings together CMIC's green hydrogen production and refueling technology portfolios and the technologies of other shareholders. The parties can together integrate their capabilities to combine critical technical, environmental and economic expertise and resources needed to create a complete supply chain for use of hydrogen as fuel for vehicles.
To this end, other shareholders of Shenzhen Intelligent Hydrogen have proven technologies for hydrogen fueled trucks and vehicles as well as vehicle management and operations platforms. GHT has also already invested in electrolytic water hydrogen production equipment technology and has capability to develop and manufacture core equipment for hydrogen refueling stations.
The combination will expedite the process of delivering commercial applications by bringing together end-to-end solutions to ensure a valuable ecosystem is created for commercial applications. Initially the use is focused on hydrogen powered heavy trucks with Shenzhen Intelligent Hydrogen technology. CMIC being a member of the China Merchant Group will also be able to contribute resources for marketing, manufacturing and sourcing of financial support as the market develops.
CMIC
CMIC Ocean En-tech is a leading technology company providing complete engineering, manufacturing and integrated solutions to customers in oil and gas, offshore wind and hydrogen sectors. CMIC is also in the business of investing in energy sectors including the renewable energy sector. CMIC's major shareholder is the China Merchants & Great Wall Ocean Strategy & Technology Fund (L.P.).
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SOURCE CMIC Ocean En-Tech Holding Co.,Ltd. | https://www.kxii.com/prnewswire/2022/06/27/cmic-enhances-its-positioning-hydrogen-sector-by-investing-hydrogen-powred-truck-leasing-platform/ | 2022-06-27T10:01:07Z |
A 23-year-old man shot four coworkers -- three fatally -- at a manufacturing plant in western Maryland Thursday before fleeing the scene and exchanging gunfire with state police, authorities said.
A trooper and the suspect were wounded and hospitalized, according to Lt. Col. Bill Dofflemyer of the Maryland State Police.
Investigators have not yet established a motive for the workplace shooting, which occurred at about 2:30 p.m. ET, Washington County Sheriff Douglas W. Mullendore told reporters at a briefing. The suspect has not been charged, and therefore wasn't identified, Mullendore said.
The victims and suspect were employees of Columbia Machine, Mullendore said. The company makes concrete products equipment, according to their website.
Police from the nearby town of Smithsburg were first to arrive at the plant and discovered one victim in a field near the business, Mullendore said. A news release from the sheriff's office said there were four victims total at the plant, three of whom were dead.
State police received a description of the suspect and his vehicle, and three troopers found him driving about 5 miles from the shooting scene.
"When troopers went to stop the vehicle, the suspect immediately started firing multiple (bullets) at the troopers," Dofflemyer said. A pistol was recovered at the second shooting scene, authorities said.
The sheriff identified the victims who were killed as Mark Alan Frey, 50; Charles Edward Minnick Jr., 31; and Joshua Robert Wallace, 30. The other victim was Brandon Chase Michael, 42; police earlier said he was critically injured.
The wounded trooper is doing well, Dofflemyer said, while the suspect "is continuing to be treated."
Smithsburg is about 75 miles west of Baltimore. It is about 100 miles from the border with West Virginia, where the suspect lives, according to the sheriff.
The Bureau of Alcohol, Tobacco, Firearms and Explosives office in Baltimore and the FBI each said agents are assisting the sheriff's office with the incident.
An expansion at Thrush Aircraft in Albany will mean more than 125 new jobs over a year as the company ramps up to meet the demand for a new line of products. The company has been manufacturing planes used for agricultural and firefighting applications for more 50 years. Thrush plans to build… Click for more.
CNN's Mike Valerio and Joe Sutton contributed to this report.
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NAPLES, Fla., July 29, 2022 /PRNewswire/ -- Nuvus Gro Corp (OTC Pink: NUVG) Announces Name Change to Music Licensing, Inc. The Change comes ahead of the acquisition of Pro Music Rights, Inc. one of the world's largest music licensing companies
Additional detailed information will be Disclosed via Regulatory filing(s) & Press Release(s)
About Pro Music Rights, Inc. (ProMusicRights.com)
Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights controls an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Fall Out Boy, and countless others. For more information, please visit promusicrights.com.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Pro Music Rights, Inc. to accomplish its stated plan of business. Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc. or any other person.
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SOURCE Pro Music Rights, Inc. | https://www.wibw.com/prnewswire/2022/07/29/nuvus-gro-corp-otc-pink-nuvg-announces-name-change-music-licensing-inc/ | 2022-07-29T13:30:27Z |
Former Lieutenant Governor of Pennsylvania set to assume position in late June
Dr. Jayson Boyers, Rosemont College's 14th President, leaving to pursue another opportunity in higher education
ROSEMONT, Pa., June 3, 2022 /PRNewswire/ -- Rosemont College today announced that its Board of Trustees has unanimously approved the appointment of Jim Cawley as interim President, effective June 21. Dr. Jayson Boyers, who began his tenure as Rosemont College's 14th President in 2020, has resigned to pursue another opportunity in higher education.
"In Rosemont College's 2019-2020 Presidential search after Dr. Sharon Hirsch's retirement, Jim stood out as one of four finalists in a talented and diverse group of more than 75 vetted candidates and hundreds more applicants and nominees. The Search Committee and trustees were impressed with his experience and credentials, and disappointed that he removed himself from consideration at the time due to family reasons. Jim's commitment to public service, his Catholic faith, extensive executive experience, deep ties to the community and the partnerships he's forged with prominent Philadelphia higher education institutions made him an excellent candidate to lead the College and we're thrilled that he is willing to serve," said Maria Feeley, Esq., chair, Rosemont College Board of Trustees and chief legal officer and general counsel, Washington and Lee University.
With deep experience in the higher education, government and nonprofit sectors, Mr. Cawley most recently served as Temple University's Vice President of Institutional Advancement from 2017 to 2021. He spearheaded development efforts that raised over $360 million in four fiscal years and led a staff of 140 employees spread out across 18 different schools, colleges and units. Mr. Cawley was also instrumental in the development of a strategic plan for the University and played a key role in advancing the school's diversity and inclusion efforts. Additionally, he served on the board of Temple University, as well as Bucks County Community College and Manor College.
Prior to his tenure at Temple University, Mr. Cawley was president and CEO of the United Way of Greater Philadelphia and Southern New Jersey from 2015 to 2017, where he led the organization's efforts to improve education, income and health for the region's most vulnerable populations. There, he led several successful fundraising campaigns and focused the organization's mission to make it more effective.
Mr. Cawley spent the first two decades of his career working in government at the state and local levels. He served as the Lieutenant Governor of Pennsylvania from 2011 to 2015 and as County Commissioner of Bucks County from 2006 to 2011. A native of Bucks County and lifelong resident of the Greater Philadelphia area, Jim is passionate about and well-connected within the region. He received his bachelor's degree and juris doctor from Temple University.
"I'm honored to accept the role of interim President of Rosemont College," said Mr. Cawley. "As a product of Catholic education and a lifelong resident of the Greater Philadelphia area, I'm intimately familiar with and committed to the unique mission and traditions of Rosemont. I look forward to shaping the bright future of this storied institution by working closely with the Board of Trustees, the Sisters of the Holy Child Jesus, faculty, staff, students, alumni and the entire Rosemont College community."
CONTACT
Carly Colombo
ccolombo@briancom.com
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SOURCE Rosemont College | https://www.mysuncoast.com/prnewswire/2022/06/03/jim-cawley-appointed-interim-president-rosemont-college/ | 2022-06-03T19:11:29Z |
Board Conducting Thorough Process Focused on Value and Certainty; Will Provide Update to Stockholders Ahead of Scheduled June 30 Vote
MIRAMAR, Fla., June 14, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today issued the following update regarding its ongoing discussions with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., and JetBlue Airways Corporation ("JetBlue") (NASDAQ: JBLU):
Ted Christie, President and CEO of Spirit, said, "Consistent with its fiduciary duties, Spirit's Board of Directors is engaging in discussions with JetBlue with respect to the proposal received on June 6, 2022 and is also continuing to work with Frontier under the terms of the existing merger agreement between Spirit and Frontier. As part of this process, Frontier and JetBlue are being given access to the same due diligence information, on the same terms. The Board expects to bring the process to a conclusion and provide an update to stockholders ahead of the Special Meeting of Spirit Stockholders scheduled for Thursday, June 30, 2022."
Spirit continues to be bound by the terms of its merger agreement with Frontier, under which a "Superior Proposal" is defined as being both reasonably capable of being consummated and more favorable to Spirit's stockholders from a financial point of view. Also, Spirit is providing information requested by the US Department of Justice and Federal Trade Commission for both proposed transactions as part of the ongoing regulatory review process.
Barclays and Morgan Stanley & Co. LLC are serving as financial advisors to Spirit, and Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal advisors.
About Spirit Airlines
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call Á La Smarte. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean and are dedicated to giving back and improving those communities. Come save with us at spirit.com.
Additional Information About the JetBlue Tender Offer
Spirit has filed a solicitation/recommendation statement with respect to the tender offer with the Securities and Exchange Commission ("SEC"). INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE SOLICITATION/RECOMMENDATION STATEMENT WITH RESPECT TO THE TENDER OFFER AND OTHER RELEVANT DOCUMENTS THAT ARE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TENDER OFFER. You will be able to obtain free copies of the solicitation/recommendation statement with respect to the tender offer and other documents filed with the SEC by Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the documents filed with the SEC by Spirit on Spirit's Investor Relations website at https://ir.spirit.com.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy, or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, sale or solicitation would be unlawful, prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
Important Additional Information Will be Filed with the SEC
Frontier has filed with the Securities and Exchange Commission ("SEC") a Registration Statement on Form S-4 in connection with the proposed transaction, including a definitive Information Statement/Prospectus of Frontier and a definitive Proxy Statement of Spirit. The Form S-4 was declared effective on May 11, 2022 and the prospectus/proxy statement was first mailed to Spirit stockholders on May 11, 2022. Frontier and Spirit also plan to file other relevant documents with the SEC regarding the proposed transaction. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT/ INFORMATION STATEMENT/ PROSPECTUS/ PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED BY FRONTIER OR SPIRIT WITH THE SEC IN THEIR ENTIRETY CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT FRONTIER, SPIRIT, THE PROPOSED TRANSACTIONS AND RELATED MATTERS. Investors and stockholders are able to obtain free copies of the Registration Statement and the definitive Information Statement/Proxy Statement/Prospectus and other documents filed with the SEC by Frontier and Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the information statement and the proxy statement and other documents filed with the SEC by Frontier and Spirit on Frontier's Investor Relations website at https://ir.flyfrontier.com and on Spirit's Investor Relations website at https://ir.spirit.com.
Participants in the Solicitation
Frontier and Spirit, and certain of their respective directors and executive officers, may be deemed to be participants in the solicitation of proxies in respect of the proposed transactions contemplated by the Merger Agreement. Information regarding Frontier's directors and executive officers is contained in Frontier's definitive proxy statement, which was filed with the SEC on April 13, 2022. Information regarding Spirit's directors and executive officers is contained in Spirit's definitive proxy statement, which was filed with the SEC on March 30, 2022.
Cautionary Statement Regarding Forward-Looking Information
Certain statements in this communication, including statements concerning Frontier, Spirit, JetBlue, the proposed transactions and other matters, should be considered forward-looking within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Frontier's, Spirit's and JetBlue's current expectations and beliefs with respect to certain current and future events and anticipated financial and operating performance. Such forward-looking statements are and will be subject to many risks and uncertainties relating to Frontier's, Spirit's and JetBlue's operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward looking statements. Words such as "expects," "will," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "forecast," "guidance," "outlook," "goals," "targets" and other similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured. All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication. Frontier and Spirit undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances, or otherwise, except as required by applicable law.
Actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; failure to obtain applicable regulatory or Spirit stockholder approval in a timely manner or otherwise; failure to satisfy other closing conditions to the proposed transactions; failure of the parties to consummate the transaction; risks that the new businesses will not be integrated successfully or that the combined companies will not realize estimated cost savings, value of certain tax assets, synergies and growth, or that such benefits may take longer to realize than expected; failure to realize anticipated benefits of the combined operations; risks relating to unanticipated costs of integration; demand for the combined company's services; the growth, change and competitive landscape of the markets in which the combined company participates; expected seasonality trends; diversion of managements' attention from ongoing business operations and opportunities; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; risks related to investor and rating agency perceptions of each of the parties and their respective business, operations, financial condition and the industry in which they operate; risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction; that Frontier's cash and cash equivalents balances, together with the availability under certain credit facilities made available to Frontier and certain of its subsidiaries under its existing credit agreements, will be sufficient to fund Frontier's operations including capital expenditures over the next 12 months; Frontier's expectation that based on the information presently known to management, the potential liability related to Frontier's current litigation will not have a material adverse effect on its financial condition, cash flows or results of operations; that the COVID-19 pandemic will continue to impact the businesses of the companies; ongoing and increase in costs related to IT network security; the outcome of any discussions between JetBlue and Spirit with respect to a possible transaction, including the possibility that the parties will not agree to pursue a business combination transaction or that the terms of any such transaction will be materially different from those described herein; the conditions to the completion of the possible transaction, including the receipt of any required stockholder and regulatory approvals and, in particular, the companies' expectation as to the likelihood of receipt of antitrust approvals; JetBlue's ability to finance the possible transaction and the indebtedness JetBlue expects to incur in connection with the possible transaction; the possibility that JetBlue may be unable to achieve expected synergies and operating efficiencies within the expected timeframes or at all and to successfully integrate Spirit's operations with those of JetBlue, and the possibility that such integration may be more difficult, time-consuming or costly than expected or that operating costs and business disruption (including, without limitation, disruptions in relationships with employees, customers or suppliers) may be greater than expected in connection with the possible transaction; and other risks and uncertainties set forth from time to time under the sections captioned "Risk Factors" in Frontier's, Spirit's and JetBlue's reports and other documents filed with the SEC from time to time, including their Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.
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SOURCE Spirit Airlines, Inc. | https://www.kxii.com/prnewswire/2022/06/14/spirit-airlines-provides-update-discussions-with-frontier-jetblue/ | 2022-06-14T11:20:28Z |
The acquisition of Emmersion's state-of-the-art testing platform broadens IXL Learning's language and literacy offerings
SAN MATEO, Calif. and LEHI, Utah, Sept. 8, 2022 /PRNewswire/ -- IXL Learning, developer of personalized learning products used by millions of people worldwide, announced it has acquired Emmersion, the Utah-based leader in certifying language ability through artificial intelligence. Emmersion's platform has conducted millions of automated assessments for corporate and educational institutions, including The World Bank, Randstad, Columbia University, Brown University and the University of Pennsylvania, providing valuable data insights into language proficiency scores.
The acquisition of Emmersion deepens IXL Learning's line of language and literacy products, which include the world-renowned Rosetta Stone, IXL English Language Arts, Vocabulary.com, SpanishDict, inglés.com and Fluencia. Emmersion's cofounders, Brigham Tomco and Dr. Jacob Burdis, will remain with the company.
Emmersion's adaptive assessments evaluate and certify speaking, writing and reading abilities, which shorten an organization's time-to-hire and improve customer satisfaction scores.
Its AI-powered Speaking and Writing Assessments conduct reliable, pre-employment language screenings in 15 minutes so that companies can hire the perfect candidates for the right roles. The verbal exam is the world's first fully automated speaking assessment and covers nine languages, including English, French, German, Italian, Japanese, Spanish, Mandarin, Portuguese and Tagalog.
The Speaking and Writing Assessments are scored using Emmersion's proprietary 100-point scale, TrueNorth, which gives organizations unparalleled insights into test-takers' language skills. Additionally, each assessment uses AI to deliver accurate, bias-free scores that are mapped to global language standards, such as CEFR, ACTFL and TOEFL.
Educational institutions use WebCAPE, Emmersion's adaptive placement exam, to measure learners' reading, grammar and listening skills. The multiple-choice test takes only 15-30 minutes to complete and can assess learners' abilities in seven languages: English, French, German, Italian, Spanish, Mandarin and Russian.
"Emmersion's adaptive technology and automated exams are unrivaled," said Paul Mishkin, CEO of IXL Learning. "The Emmersion team will be a valuable addition to our family and we expect to make more investments in the company as we expand to additional languages and capabilities."
"Emmersion has striven to close the global communication gap through exceptional services that assess employees, check academic knowledge and certify language abilities. Joining IXL Learning is an incredible opportunity to continue advancing our mission and perfecting our products," said Brigham Tomco, CEO of Emmersion. "Our companies share the same ambitious vision for helping people build and evaluate their language skills, and we can't wait to contribute our expertise to this new venture."
Founded in 2015, Emmersion is a rapidly growing technology company located in Lehi, Utah. With a mission to close the global communication gap, the company focuses on helping organizations be smarter with their global language strategy. It has developed AI-driven, fully automated language assessments that provide accurate and immediate reports in English, Spanish, Portuguese, French, German, Italian, Mandarin, Japanese, Russian and Tagalog. With over 700 customers around the world, Emmersion's cloud-based, AI technology automates assessment processes and provides the most accurate results. Learn more at www.emmersion.ai.
IXL Learning has revolutionized educational technology since its founding in 1998. Today, the company leads the world of education through innovation and provides a diverse set of products and services that help learners develop skills in math, literacy, language and more. IXL Learning's eight brands—IXL, Rosetta Stone, Curiosity Media, Emmersion, Wyzant, Vocabulary.com, ABCya and Education.com—empower all students with engaging, personalized learning experiences. Our teams create breakthrough solutions to education's most pressing challenges and inspire students to become life-long learners.
Eric Bates
IXL Learning
press@ixl.com
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SOURCE IXL Learning | https://www.wibw.com/prnewswire/2022/09/09/ixl-learning-acquires-emmersion-developer-ai-powered-language-assessments/ | 2022-09-09T02:15:42Z |
Special Weather Statement issued April 16 at 2:43PM MDT by NWS Pocatello ID
At 239 PM MDT, Doppler radar was tracking a developing line of
showers and thunderstorms from the south end of Craters of the Moon
to Coldwater, moving northeast at 50 mph.
HAZARD…Winds in excess of 40 mph.
SOURCE…Radar indicated and mesonet observations.
IMPACT…Gusty winds could knock down tree limbs and blow around
unsecured objects.
Locations impacted include…
American Falls, Neeley, American Falls Reservoir, Chubbuck,
Aberdeen, Springfield, Fort Hall Bannock Creek Lodge, Pingree,
Pocatello Airport, Sterling and Massacre Rocks.
If outdoors, consider seeking shelter inside a building.
If on or near American Falls Reservoir, get out of the water and
move indoors or inside a vehicle. Move to safe shelter now! Do not
be caught on the water. | https://localnews8.com/weather/alerts-weather/2022/04/16/special-weather-statement-issued-april-16-at-243pm-mdt-by-nws-pocatello-id/ | 2022-04-16T21:14:59Z |
UVALDE, Texas (AP) — Eliahna Garcia loved the Disney movie “Encanto,” and the studio’s costume makers sent her parents a custom-made gown and other keepsakes to help them remember the 9-year-old after her burial.
Family was holding a funeral Monday for Eliahna, also known as “Ellie,” at Sacred Heart Catholic Church in Uvalde, two days after what would have been her 10th birthday. She was among 19 students at Robb Elementary School killed in a mass shooting, along with two teachers.
Her family had been preparing a big birthday bash at her grandmother’s house. Eliahna had hoped for gifts related to “Encanto.”
“She loved that movie and talked a lot about it,” aunt Siria Arizmendi told The Associated Press.
San Antonio-area television stations reported that Disney sent a dress resembling the one worn by Isabela, the older sister in “Encanto,” whose special power is making flowers grow. The dress is lilac and decorated with flowers.
Her aunt, a fifth-grade teacher at Flores Elementary School, also in Uvalde, said Eliahna loved to dance and play sports. Her family described her on a GoFundMe page as a sweet girl “with a lovely and beautiful soul.”
Eliahna already had been practicing choreography with her older sister for a quinceañera party, even though it still was five years away.
“She was shy but changed in front of the camera,” her aunt said.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting | https://cw33.com/news/u-s-news/ap-us-headlines/sweet-uvalde-9-year-old-loved-encanto-sports-dancing/ | 2022-06-07T02:51:27Z |
October 2022 and April 2023 crossings will be filled with memorable moments that honor the brand's history
SEATTLE, July 14, 2022 /PRNewswire/ -- On April 18, 2023, Holland America Line is celebrating its 150th Anniversary — making it one of the longest-operating travel companies in the world. To commemorate the milestone, the cruise line is planning special events and activities, including two commemorative transatlantic crossings. Today, the April 4, 2023, crossing opens for booking, while the Oct. 15, 2022, departure has limited space remaining.
During the October and April 150th Anniversary Transatlantic crossings, Holland America Line is planning memorable experiences that will weave the company's history into the menus, activities, entertainment, special guest speakers and more.
"A milestone like a 150th Anniversary doesn't come around often for most companies, and our celebrations will bring to life our century-and-a-half of amazing history," said Gus Antorcha, Holland America Line's president. "Holland America Line has touched the lives of millions of people throughout the years — whether by bringing them to a new life in America or providing a once-in-a-lifetime vacation. We have some really special experiences planned over the next several months to honor our heritage."
- Oct. 15 crossing, 15 nights: Rotterdam VII will depart Rotterdam, the Netherlands, exactly 150 years to the date of the departure of Rotterdam I's maiden voyage, which took place before the company was incorporated. The crossing will recreate Holland America Line's first sailing, leaving from Rotterdam and visiting Plymouth, England, and Le Havre (Paris), France, before crossing the Atlantic Ocean to New York City for a rare overnight call; then it sails on to Fort Lauderdale, Florida.
- April 4 crossing, 16 nights: Departing Fort Lauderdale, Rotterdam heads to New York City for an overnight call; it will then spend eight leisurely days at sea crossing the Atlantic Ocean, calling at Plymouth and Dover (London), England, before arriving April 18 — Holland America Line's 150th anniversary — at Rotterdam for an overnight full of festivities.
During the crossings, guests will be treated to a host of experiences, including commemorative historic menus and cocktails offering a taste of the brand's history, live music with special performances by guest artists, presentations reliving the history and roots of Holland America Line, and an Olympic-style event with classic cruise sporting activities and games.
- New York City Anniversary Event: Holland America Line will kick off its 150th anniversary year with a special ceremony aboard Rotterdam when the ship overnights at New York City Oct. 26, 2022, including a memorable stage performance to mark the historic night.
- Rotterdam Welcome: When Rotterdam arrives at Rotterdam in the Netherlands April 18, 2023, the ship will receive a grand welcome on its 150th birthday in the city of the company's founding. During the overnight call, guests and city of Rotterdam will help mark this historic milestone at an evening event on board.
- Additional Special Anniversary Themed Cruises: The anniversary year will include specially marketed cruises that help relive Holland America Line's history of exploration through unique ports visited. The cruise dates will be announced in the coming months and will include special programming for each voyage.
- Retail Merchandise: Limited-edition, specially designed 150th Anniversary retail items will be available in the shipboard shops.
Additional celebratory details will be revealed in the near future.
For more information about Holland America Line, consult a travel advisor, call 1-877-SAIL HAL (877-724-5425) or visit hollandamerica.com.
Find Holland America Line on Twitter, Facebook and the Holland America Blog. Access all social media outlets via the home page at hollandamerica.com.
Holland America Line has been exploring the world since 1873 and was the first cruise line to offer adventures to Alaska and the Yukon nearly 75 years ago. Its fleet of premium ships visits nearly 400 ports in 114 countries around the world, offering an ideal mid-sized ship experience. A third Pinnacle-class ship, Rotterdam, joined the fleet in July 2021.
The leader in premium cruising, Holland America Line's ships feature innovative initiatives and a diverse range of enriching experiences focused on destination exploration and personalized travel. The best live music at sea fills each evening at Music Walk, and dining venues feature exclusive selections from Holland America Line's esteemed Culinary Council of world-famous chefs.
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SOURCE Holland America Line | https://www.wibw.com/prnewswire/2022/07/14/holland-america-line-reveals-plans-mark-150th-anniversary-with-two-commemorative-voyages-extended-celebrations/ | 2022-07-14T19:05:36Z |
-- Despite maintaining relatively high overall screening rates, canceled well-child visits and incomplete screenings may impact early intervention --
PHILADELPHIA, June 2, 2022 /PRNewswire/ -- Researchers from Children's Hospital of Philadelphia (CHOP) found that while autism screening rates during the first year of the COVID-19 pandemic may not have dropped sharply, many routine screenings may have been missed due to routine well-child visits being canceled and postponed. The findings suggest that strategies for ensuring these children are caught up on routine screening are critical for early diagnosis and intervention. The findings were published today in the journal Academic Pediatrics.
Ongoing surveillance and routine screening for autism spectrum disorder at 18- and 24-month well-child visits are recommended to promote early detection and initiation of helpful treatment services. Prior to the COVID-19 pandemic, rates of autism screening across the CHOP Care Network were high, with 91% of children screened at least once between 2011 and 2015. However, even before the pandemic began, there were disparities in who completed these screenings, with lower rates of at least one screening observed in children of Black, Asian, or multi-racial groups, as well as children from lower-income families.
Given that well-child care visits declined early in the pandemic as hospitals restricted appointments and parents avoided non-urgent healthcare visits, researchers wanted to assess the COVID-19 pandemic's impact on screening for autism as well as screening equity for children within a large pediatric network.
"While we maintained a high level of screening during this challenging time, we suspected some children could have been missed," said Kate E. Wallis, MD, MPH, a developmental behavioral pediatrician in the Division of Developmental and Behavioral Pediatrics at CHOP, and lead author of the study. "With multiple studies stressing the importance of early intervention, we want to make sure that any children who were missed still complete these vital screenings."
The study compared 24,549 patients between 16 and 26 months old who came in for in-person well-child care between March 1, 2020 and February 28, 2021 (COVID-19 cohort) to a group of 26,779 patients who came in for well-child care between March 1, 2019 and February 29, 2020 (pre-COVID-19 cohort). The total number of eligible well-child visits decreased by 8.3% in the COVID-19 cohort, with a greater decline seen in Black and children whose families receive public insurance (17% and 10.5%, respectively). Additionally, significant declines in screening completion were seen across all socio-demographic groups except among Asian children, with the sharpest declines seen among non-Hispanic White children, which suggests that well-child visits declined the most among this group, or that the ASD screening portion of well-child visits may have been skipped.
Prior studies from CHOP have identified autism screening disparities, and while the pandemic impacted the number of well-child visits where many routine screenings take place, those disparities persisted after the pandemic began. Therefore, the authors suggest developing strategies to catch up with children who may not have completed screening during this time. One possible strategy could involve text messages to complete screening or reminding families to complete a screen questionnaire on a personal device while in their pediatrician's office. Another more population-based approach would be to send out screening questionnaires to all patients at 18 and 24 months, even those without a scheduled visit, and prioritizing scheduling patients for visits who screen positive.
Wallis et al, "Autism Spectrum Disorder Screening during the COVID-19 Pandemic in a Large Primary Care Network." Acad Pediatr. Online April 22, 2022. DOI: 10.1016/j.acap.2022.04.005.
About Children's Hospital of Philadelphia: A non-profit, charitable organization, Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals, and pioneering major research initiatives, the 595-bed hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country. The institution has a well-established history of providing advanced pediatric care close to home through its CHOP Care Network, which includes more than 50 primary care practices, specialty care and surgical centers, urgent care centers, and community hospital alliances throughout Pennsylvania and New Jersey, as well as a new inpatient hospital with a dedicated pediatric emergency department in King of Prussia. In addition, its unique family-centered care and public service programs have brought Children's Hospital of Philadelphia recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.edu.
Contact: Ben Leach
Children's Hospital of Philadelphia
(609) 634-7906
Leachb@email.chop.edu
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SOURCE Children's Hospital of Philadelphia | https://www.mysuncoast.com/prnewswire/2022/06/02/autism-screening-disparities-persisted-during-first-year-covid-19-pandemic/ | 2022-06-02T15:51:08Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN)'s sale to Pfizer Inc. for $148.50 per share in cash. Biohaven common shareholders, including Pfizer, will also receive 0.5 of a share of New Biohaven, a new publicly traded company that will retain Biohaven's non-CGRP development stage pipeline compounds, per Biohaven common share. If you are a Biohaven shareholder, click here to learn more about your rights and options.
U.S. Well Services, Inc. (NASDAQ: USWS)'s sale to ProFrac Holding Corp. Under the terms of the merger agreement, USWS shareholders will receive 0.0561 shares of ProFrac Class A common stock for each share of USWS Class A common stock they own. If you are a USWS shareholder, click here to learn more about your rights and options.
Healthcare Realty Trust Inc. (NYSE: HR)'s merger with Healthcare Trust of America, Inc. If you are a Healthcare Realty shareholder, click here to learn more about your rights and options.
ServiceSource International, Inc. (NASDAQ: SREV)'s sale to Concentrix Corporation for $1.50 per share. If you are a ServiceSource shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
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SOURCE Halper Sadeh LLP | https://www.mysuncoast.com/prnewswire/2022/06/28/investigation-notice-halper-sadeh-llp-investigates-bhvn-usws-hr-srev/ | 2022-06-28T16:36:41Z |
Crews begin tear down of water tower damaged by storms
Published: May. 11, 2022 at 11:22 AM CDT|Updated: 39 minutes ago
TOPEKA, Kan. (WIBW) - A water tower that sustained severe storm damage is being torn down Wednesday, May 11.
Crews started tearing down the water tower, located in the Montara area at SW 65 and Westview, after the bowl of the tower caved in due to a storm that came through on Friday, April 29.
The City of Topeka said the damage was a total loss. The tower was, originally, under construction, but the city does not know how long the project to repair the tower will take.
According to the City, the contractor is responsible for any costs to replace it.
Additional details about the project will be added once made available.
Montara water tower damaged in Friday storms
A Topeka water tower was severely damaged in Friday’s storms.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/11/crews-begin-tear-down-water-tower-damaged-by-storms/ | 2022-05-11T17:02:49Z |
- Revenues of $3.71 billion for Q1 FY23, down 10.5% as compared to prior year period, and down 2.6% on an organic basis
- Diluted Earnings Per Share was $0.43 and Non-GAAP Diluted Earnings Per Share was $0.75 in Q1 FY23
- Q1 FY23 operating cash flow of $163 million, less capital expenditures of $175 million, results in $(12) million of free cash flow, a $292 million improvement over Q1 FY22
- Book-to-bill ratio of 0.87x and trailing twelve-month book-to-bill of 1.06x
- Returned $266 million to shareholders by repurchasing 8.9 million shares in Q1 FY23
ASHBURN, Va., Aug. 3, 2022 /PRNewswire/ - DXC Technology (NYSE: DXC) today reported results for the first quarter of fiscal year 2023.
Mike Salvino, DXC Chairman, President and Chief Executive Officer commented: "Our transformation journey is creating value and we are confident that we are taking the right steps for DXC in the short term that will set us up for success in the long term. I am pleased with the quality of company DXC has become with our stable debt, sound capital allocation strategy, focus on free cash flow generation, investment grade credit profile, improved governance, and our consistent growth in GBS. Our focus now is to accelerate our cost optimization to drive out $500 million in cost by year end, setting the company up for long term success."
Financial Highlights - First Quarter of Fiscal Year 2023
Revenue was $3.71 billion for the first quarter of fiscal year 2023, down 10.5% as compared to prior year period, and down 2.6% on an organic basis. First quarter revenues came in towards the bottom end of our previous guidance range, while organic revenue growth was slightly below the bottom end of our guidance range.
Net income was $103 million, or 2.8% of sales for the first quarter of fiscal year 2023, compared to $282 million, or 6.8% of sales, in the prior year quarter. EBIT was $139 million or 3.7% of sales. Net income and EBIT in the quarter included the following items: amortization of acquired intangible assets of $104 million, restructuring costs of $33 million, gain on disposition of $29 million, a merger related indemnification charge of $10 million, and transaction, separation, and integration costs of $2 million. Excluding these items, Adjusted EBIT margin was 7.0% in the first quarter, a reduction of 100 bps as compared to the prior year quarter.
Diluted earnings per share was $0.43 and Non-GAAP diluted earnings per share was $0.75 for the first quarter of fiscal year 2023. GAAP and Non-GAAP earnings per share were adversely impacted by investments and higher costs, a slower than anticipated ramp of our cost optimization efforts, unfavorable currency fluctuations, and higher than expected tax expense, partially offset by lower interest expense and share count.
On a trailing twelve months basis, the company delivered a book to bill of 1.06x.
During the first quarter of fiscal year 2023, the Company repurchased 8.9 million shares of common stock for a total of $266 million.
Financial Information by Segment
GBS segment revenue was $1,758 million in the first quarter of fiscal year 2023, down 6.8% compared to the prior year period and up 2.8% on an organic basis. The GBS performance was driven by strong growth in the Analytics & Engineering business, where revenue increased 15.7% on an organic basis. GBS segment profit was $210 million and segment profit margin was 11.9%, down 250 bps compared to prior year, due to investments and higher costs and the costs related to the exit of our business in Russia. GBS bookings for the quarter were $1.7 billion for a book-to-bill of 0.98x, and 1.17x on a trailing twelve months basis.
GIS segment revenue was $1,949 million in the first quarter of fiscal year 2023, down 13.5% compared to the prior year period, and down 7.2% on an organic basis. GIS segment organic revenue performance improved slightly, due to a lower level of declines in Security and Modern Workplace revenues, which declined by 0.3% and 16.1% on an organic basis, respectively. GIS segment profit was $127 million with a segment profit margin of 6.5%, a 70 bps margin expansion as compared to first quarter of fiscal year 2022. GIS bookings were $1.5 billion in the quarter for a book-to-bill of 0.77x, and 0.96x on a trailing twelve months basis.
Offering Highlights
In order to better align our reporting with our go-to market strategy, we have recast our offerings compared to prior quarters. The results for our six offerings are as follows:
Cash Flow
Cash flow from (used in) operations was $163 million in the first quarter of fiscal year 2023, as compared to $(29) million in the first quarter of fiscal year 2022, and capital expenditures were $175 million in the first quarter of fiscal year 2023, as compared to $275 million in the first quarter of fiscal year 2022. Free cash flow (cash flow from operations, less capital expenditures) was $(12) million in the first quarter of fiscal year 2023, as compared to $(304) million in the first quarter of fiscal year 2022.
Guidance
The Company's guidance for the second quarter and full fiscal year 2023 is as follows:
*Pension benefit is split between Cost Of Sales (COS) & Other Income:
Fiscal year 2023: $80 million service cost in COS, $280 million pension benefit in Other income
Fiscal year 2022: $88 million service cost in COS, $386 million pension benefit in Other income
The Company reaffirmed its longer-term guidance:
- Positive organic revenue growth of 1% to 3% for fiscal year 2024
- Adjusted EBIT margin of 10% to 11% in fiscal year 2024
- Non-GAAP diluted Earnings Per Share of $5.00 to $5.25 in fiscal year 2024
- Free cash flow of approximately $1.5 billion in fiscal year 2024
- Restructuring and TSI of approximately $100 million in fiscal year 2024
DXC does not provide a reconciliation of Non-GAAP measures that it discusses as part of its guidance because certain significant information required for such reconciliation is not available without unreasonable efforts or at all, including, most notably, the impact of significant non-recurring items. Without this information, DXC does not believe that a reconciliation would be meaningful.
Ken Sharp, Chief Financial Officer, commented: "In Q1 FY23, we continued to drive down uses of cash, including restructuring, transaction, separation and integration expenses, capital expenditures, capital lease originations, and our facility footprint. These initiatives allowed us to deliver a $292 million improvement in free cash flow over the first quarter of FY22. We continued to execute on our capital deployment program, returning $266 million to shareholders by repurchasing 8.9 million shares during the quarter to complete $500 million of our $1 billion repurchase commitment."
Earnings Conference Call and Webcast
DXC Technology senior management will host a conference call and webcast to discuss these results on August 3, 2022, at 5:00 p.m. EDT. The dial-in number for domestic callers is +1 (888) 330-2455. Callers who reside outside of the United States should dial +1 (240) 789-2717. The passcode for all participants is 4164760. The webcast audio and any presentation slides will be available on DXC Technology's Investor Relations website.
A replay of the conference call will be available from approximately two hours after the conclusion of the call until August 10, 2022. The phone number for the replay is +1 (800) 770-2030 or +1 (647) 362-9199. The replay passcode is 4164760.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.
Forward-Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." Forward-looking statements often include words such as "anticipates," "believes," "estimates," "expects," "forecast," "goal," "intends," "objective," "plans," "projects," "strategy," "target," and "will" and words and terms of similar substance in discussions of future operating or financial performance. Forward-looking statements include, among other things, statements with respect to our future financial condition, results of operations, cash flows, business strategies, operating efficiencies or synergies, divestitures, competitive position, growth opportunities, share repurchases, dividend payments, plans and objectives of management and other matters. These statements represent current expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. Furthermore, many of these risks and uncertainties are currently amplified by and may continue to be amplified by or may, in the future, be amplified by, the ongoing coronavirus disease 2019 ("COVID-19") pandemic and the impact of varying private and governmental responses that affect our customers, employees, vendors and the economies and communities where they operate. Important factors that could cause actual results to differ materially from those described in forward-looking statements include, but are not limited to: the uncertainty of the magnitude, duration, geographic reach of the COVID-19 crisis, its impact on the global economy and the impact of current and potential travel restrictions, stay-at-home orders, vaccine mandates and economic restrictions implemented to address the crisis; our inability to succeed in our strategic objectives; the risk of liability or damage to our reputation resulting from security incidents, including breaches, and cyber-attacks to our systems and networks and those of our business partners, insider threats, disclosure of sensitive data or failure to comply with data protection laws and regulations in a rapidly evolving regulatory environment, in each case, whether deliberate or accidental; our inability to develop and expand our service offerings to address emerging business demands and technological trends, including our inability to sell differentiated services amongst our offerings; our inability to compete in certain markets and expand our capacity in certain offshore locations and risks associated with such offshore locations such as Russia's recent invasion of Ukraine and our exit from the Russian market; failure to maintain our credit rating and ability to manage working capital, refinance and raise additional capital for future needs; our indebtedness; the competitive pressures faced by our business; our inability to accurately estimate the cost of services, and the completion timeline of contracts; execution risks by us and our suppliers, customers, and partners; the risks associated with natural disasters; our inability to retain and hire key personnel and maintain relationships with key partners; the risks associated with prolonged periods of inflation; the risks associated with our international operations, such as risks related to currency exchange rates and Brexit; our inability to comply with governmental regulations or the adoption of new laws or regulations, including social and environmental responsibility regulations, policies and provisions; our inability to achieve the expected benefits of our restructuring plans; inadvertent infringement of third-party intellectual property rights or our inability to protect our own intellectual property assets; our inability to procure third-party licenses required for the operation of our products and service offerings; risks associated with disruption of our supply chain; our inability to maintain effective internal control over financial reporting; potential losses due to asset impairment charges; our inability to pay dividends or repurchase shares of our common stock; pending investigations, claims and disputes and any adverse impact on our profitability and liquidity; disruptions in the credit markets, including disruptions that reduce our customers' access to credit and increase the costs to our customers of obtaining credit; our failure to bid on projects effectively; financial difficulties of our customers and our inability to collect receivables; our inability to maintain and grow our customer relationships over time and to comply with customer contracts or government contracting regulations or requirements; our inability to succeed in our strategic transactions; changes in tax laws and any adverse impact on our effective tax rate; risks following the merger of Computer Sciences Corporation and Enterprise Services business of Hewlett Packard Enterprise Company's businesses, including anticipated tax treatment, unforeseen liabilities and future capital expenditures; and risks following the spin-off of our former U.S. Public Sector business and its related mergers with Vencore Holding Corp. and KeyPoint Government Solutions in June 2018 to form Perspecta Inc., which was acquired by Peraton in May 2021. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2022, and any updating information in subsequent SEC filings, including DXC's upcoming Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2022.
No assurance can be given that any goal or plan set forth in any forward-looking statement can or will be achieved, and readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events except as required by law.
About Non-GAAP Measures
In an effort to provide investors with supplemental financial information, in addition to the preliminary and unaudited financial information presented on a GAAP basis, we have also disclosed in this press release preliminary Non-GAAP information including: earnings before interest and taxes ("EBIT"), EBIT margin, Adjusted EBIT, Adjusted EBIT margin, Non-GAAP diluted EPS, organic revenues, organic revenue growth, and free cash flow.
We believe EBIT, EBIT margin, Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS provide investors with useful supplemental information about our operating performance after excluding certain categories of expenses. Free cash flow represents cash flow from operations, less capital expenditures.
One category of expenses excluded from Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS, incremental amortization of intangible assets acquired through business combinations, may result in a significant difference in period over period amortization expense on a GAAP basis. We exclude amortization of certain acquired intangible assets as these non-cash amounts are inconsistent in amount and frequency and are significantly impacted by the timing and/or size of acquisitions. Although DXC management excludes amortization of acquired intangible assets primarily customer-related intangible assets, from its Non-GAAP expenses, we believe that it is important for investors to understand that such intangible assets were recorded as part of purchase accounting and support revenue generation. Any future transactions may result in a change to the acquired intangible asset balances and associated amortization expense.
Another category of expenses excluded from Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS, impairment losses, may result in a significant difference in period over period expense on a GAAP basis. We exclude impairment losses as these non-cash amounts, reflect generally an acceleration of what would be multiple periods of expense and do not expect to occur frequently. Further assets such as goodwill may be significantly impacted by market conditions outside of management's control.
We believe organic revenue growth provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars and the effects of acquisitions and divestitures in the periods presented. See below for a description of the methodology we use to present organic revenues.
Selected references are made to revenue growth on an "organic basis" so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates and without the impacts of acquisitions and divestitures from "organic basis" financial results, thereby providing comparisons of operating performance from period to period of the business that we have owned during all periods presented. Organic revenue growth is calculated by dividing the year-over-year change in GAAP revenues attributed to organic growth by the GAAP revenues reported in the prior comparable period. This approach is used for all results where the functional currency is not the U.S. dollar.
There are limitations to the use of the Non-GAAP financial measures presented in this press release. One of the limitations is that they do not reflect complete financial results. We compensate for this limitation by providing a reconciliation between our Non-GAAP financial measures and the respective most directly comparable financial measure calculated and presented in accordance with GAAP. Additionally, other companies, including companies in our industry, may calculate Non-GAAP financial measures differently than we do, limiting the usefulness of those measures for comparative purposes between companies.
Condensed Consolidated Statements of Operations
(preliminary and unaudited)
Selected Condensed Consolidated Balance Sheet Data
(preliminary and unaudited)
Condensed Consolidated Statements of Cash Flows
(preliminary and unaudited)
Segment Profit
We define segment profit as segment revenues less costs of services, segment selling, general and administrative, depreciation and amortization, and other income (excluding the movement in foreign currency exchange rates on our foreign currency denominated assets and liabilities and the related economic hedges). The Company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated costs include certain corporate function costs, stock-based compensation expense, pension and other post-retirement benefits ("OPEB") actuarial and settlement gains and losses, restructuring costs, transaction, separation and integration-related costs, and amortization of acquired intangible assets.
Reconciliation of Non-GAAP Financial Measures
Our Non-GAAP adjustments include:
- Restructuring costs – includes costs, net of reversals, related to workforce and real estate optimization and other similar charges.
- Transaction, separation and integration-related ("TSI") costs – includes costs related to integration, planning, financing and advisory fees and other similar charges associated with mergers, acquisitions, strategic investments, joint ventures, and dispositions and other similar transactions.(1)
- Amortization of acquired intangible assets – includes amortization of intangible assets acquired through business combinations.
- Merger related indemnification - represents the Company's current estimate of potential liability to HPE for indemnification following the outcome of the Oracle v. HPE litigation in June 2022; obligation pursuant to ES-CSC merger.
- Gains and losses on dispositions – gains and losses related to dispositions of businesses, strategic assets and interests in less than wholly-owned entities.(2)
- Debt extinguishment costs – costs associated with early retirement, redemption, repayment or repurchase of debt and debt-like items including any breakage, make-whole premium, prepayment penalty or similar costs as well as solicitation and other legal and advisory expenses.(3)
- Tax adjustments – discrete tax adjustments to impair or recognize certain deferred tax assets, adjustments for changes in tax legislation and the impact of merger and divestitures. Income tax expense of all other (non-discrete) non-GAAP adjustments is based on the difference in the GAAP annual effective tax rate (AETR) and overall non-GAAP provision (consistent with the GAAP methodology).(4)
Non-GAAP Results
A reconciliation of reported results to Non-GAAP results is as follows:
The above tables serve to reconcile the Non-GAAP financial measures to the most directly comparable GAAP measures. Please refer to the "About Non-GAAP Measures" section of the press release for further information on the use of these Non-GAAP measures.
Year-over-Year Organic Revenue Growth
EBIT and Adjusted EBIT
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SOURCE DXC Technology Company | https://www.kxii.com/prnewswire/2022/08/03/dxc-technology-reports-first-quarter-fiscal-year-2023-results/ | 2022-08-03T21:23:52Z |
VALLEY FORGE, Pa., May 27, 2022 /PRNewswire/ -- Vanguard today reported expense ratio changes for five mutual funds across multiple share classes. These changes align to funds with fiscal years ending January 2022 and represent an aggregate $2.8 million in net savings for investors.1
Expense ratio changes occur for a variety of reasons, including asset growth and operational efficiencies. For most of Vanguard's external advisory arrangements, the advisor's fee is also subject to an adjustment up or down based on their investment performance relative to the total return of an appropriate benchmark, typically over a three-year or five-year period. Such arrangements strengthen the alignment of interests between the advisor and fund shareholders. Increases in advisory fees because of these arrangements are a recognition of outperformance on behalf of fund shareholders.
Vanguard fund expense ratio changes
About Vanguard
Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to individual investors, institutions, and financial professionals. Vanguard operates under a unique, investor-owned structure where Vanguard fund shareholders own the funds, which in turn own Vanguard. As such, Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. For more information, visit vanguard.com.
1 Estimated savings for the identified funds is the difference between prior and current expense ratios multiplied by the average assets under management (AUM). Average AUM is based on daily average assets during a month, which are then averaged over the 12 months of the fiscal year ending January 2022.
For more information about Vanguard funds, visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing.
All investing is subject to risk, including the possible loss of the money you invest. Past performance is no guarantee of future returns.
ESG portfolios are subject to ESG investment risk, which is the chance that the stocks or bonds screened by the data provider for ESG criteria generally will underperform the market as a whole or, in the aggregate, will trail returns of other portfolios screened for ESG criteria. The data provider's assessment of a company, based on the company's level of involvement in a particular industry or the data provider's own ESG criteria, may differ from that of other portfolios or of the advisor's or an investor's assessment of such company. As a result, the companies deemed eligible by the data provider may not reflect the beliefs and values of any particular investor and certain screens may not exhibit positive or favorable ESG characteristics. The evaluation of companies for ESG screening or integration is dependent on the timely and accurate reporting of ESG data by the companies. The weight given to ESG factors for active non-ESG funds may vary across types of investments, industries, regions and issuers; may change over time; and not every ESG factor may be identified or evaluated. Where ESG risk factor analysis is used as one part of an overall investment process (as is the case for actively managed equity and fixed income non-ESG Funds ), such Funds may still invest in securities of issuers that all market participants may not view as ESG-focused or that may be viewed as having a high ESG risk profile.
Investments in securities issued by non-U.S. companies and governments are subject to risks including country/regional risk and currency risk. These risks are especially high in emerging markets.
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SOURCE Vanguard | https://www.wibw.com/prnewswire/2022/05/27/vanguard-reports-expense-ratio-changes-five-funds/ | 2022-05-27T16:14:29Z |
TAMPA, Fla. (AP) — The Colorado Avalanche got a key player back with the return of center Nazem Kadri for Game 4 of the Stanley Cup Final against the Tampa Bay Lightning on Wednesday night.
Kadri been out since injuring his thumb when he was boarded by Evander Kane in Game 3 of Colorado’s four-game sweep over the Edmonton Oilers in the Western Conference Final. Kane received a major penalty and was suspended a game.
Kadri has six goals and 14 points in 13 playoff games.
As expected, Lightning right wing Nikita Kucherov was in the lineup while center Brayden Point was not.
Kucherov departed Game 3 late in the third after getting cross-checked by Colorado’s Devon Toews.
Point played in the first two games of the Final after missing 10 straight due to a right leg injury.
Colorado coach Jared Bednar opted to stick with goalie Darcy Kuemper, who was pulled midway through the second period of Game 3 after allowing five goals Monday night in a 6-2 loss.
Kuemper left in Game 1 of the Edmonton series with an upper-body injury and was replaced by Pavel Francouz, who won all four games against the Oilers to improve to 6-0 overall in this year’s postseason.
Avalanche left wing Andre Burakovsky (hand) missed his second straight game and was skating and getting treatment in Denver on Wednesday. After scoring in overtime to win the series opener, he departed Game 2 after blocking a shot.
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More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/colorados-nazem-kadri-back-for-game-4-of-stanley-cup-final/ | 2022-06-24T00:06:23Z |
DALLAS (KDAF) — U.S. Army Special Jason Wheeler and his family will receive a specially-adapted, smart home in Copper Canyon, free of charge.
This is all made possible thanks to The Tunnel to Towers Foundation. The Foundation says it has supported first responders, veterans and families for more than 20 years by providing them with mortgage-free homes.
Wheeler joined the Navy in 1991 and served as a firefighter on the USS John F. Kennedy aircraft carrier during the Gulf War. He was honorably discharged in 1993, but re-enlisted after the attacks on the World Trade Center on Sept. 11, 2001.
Wheeler was critically injured during a training exercise at Fort Polk. He jumped out of a Black Hawk at 1,500 feet and his parachute malfunctioned at 250 feet. He suffered damage to both his legs and his spine. His injuries resulted in him having to have bilateral above-knee amputations.
Tunnels to Towers Foundation officials will welcome Wheeler and his family to their new home on April 13! | https://cw33.com/news/local/north-texas-veteran-family-to-get-mortgage-free-smart-home/ | 2022-04-11T16:45:01Z |
CAPE CANAVERAL, Fla. (AP) — SpaceX launched four astronauts to the International Space Station for NASA on Wednesday, less than two days after completing a flight chartered by millionaires.
It’s the first NASA crew comprised equally of men and women, including the first Black woman making a long-term spaceflight, Jessica Watkins.
“This is one of the most diversified, I think, crews that we’ve had in a really, really long time,” said NASA’s space operations mission chief Kathy Lueders.
The astronauts were due to arrive at the space station Wednesday night, 16 hours after a predawn liftoff from Kennedy Space Center that thrilled spectators.
“Anyone who saw it realized what a beautiful launch it was,” Lueders told reporters. After an express flight comparable to traveling from New York to Singapore, the crew will move in for a five-month stay.
SpaceX has now launched five crews for NASA and two private trips in just under two years. Elon Musk’s company is having an especially busy few weeks: It just finished taking three businessmen to and from the space station as NASA’s first private guests.
A week after the new crew arrives, the three Americans and German they’re replacing will return to Earth in their own SpaceX capsule. Three Russians also live at the space station.
Both SpaceX and NASA officials stressed they’re taking it one step at a time to ensure safety. The private mission that concluded Monday encountered no major problems, they said, although high wind delayed the splashdown for a week.
SpaceX Launch Control wished the astronauts good luck and Godspeed moments before the Falcon rocket blasted off with the capsule, named Freedom by its crew.
“Our heartfelt thank you to every one of you that made this possible. Now let Falcon roar and Freedom ring,” radioed NASA astronaut Kjell Lindgren, the commander. Minutes later, their recycled booster had landed on an ocean platform and their capsule was safely orbiting Earth. “It was a great ride,” he said.
The SpaceX capsules are fully automated — which opens the space gates to a broader clientele — and they’re designed to accommodate a wider range of body sizes. At the same time, NASA and the European Space Agency have been pushing for more female astronauts.
While two Black women visited the space station during the shuttle era, neither moved in for a lengthy stay. Watkins, a geologist who is on NASA’s short list for a moon-landing mission in the years ahead, sees her mission as “an important milestone, I think, both for the agency and for the country.”
She credits supportive family and mentors — including Mae Jemison, the first Black woman in space in 1992 — for “ultimately being able to live my dream.”
Also cheering Watkins on was another geologist: Apollo 17’s Harrison Schmitt, who walked on the moon in 1972. She invited the retired astronaut to the launch, along with his wife. “We sort of consider ourselves the Jessica team,” he said, chuckling.
“Those of us who rode the Saturn V into space are a little bit jaded about the smaller rockets,” Schmitt said after the SpaceX liftoff. “But still, it really was something and on board was a geologist … I hope it will stand her in good stead for being part of one of the Artemis crews that go to the moon.”
Like Watkins, NASA astronaut and test pilot Bob Hines is making his first spaceflight. It’s the second visit for Lindgren, a physician, and the European Space Agency’s lone female astronaut, Samantha Cristoforetti, a former Italian Air Force fighter pilot.
Cristoforetti turned 45 on Tuesday, “so she really celebrates and is very happy with a big smile in the capsule,” said the European Space Agency’s director general, Josef Aschbacher. “She’s really a role model and she’s doing an enormously fabulous job on doing exactly that.”
The just-completed private flight was NASA’s first dip into space tourism after years of opposition. The space agency said the three people who paid $55 million each to visit the space station blended in while doing experiments and educational outreach. They were accompanied by a former NASA astronaut employed by Houston-based Axiom Space, which arranged the flight.
“The International Space Station is not a vacation spot. It’s not an amusement park. It is an international laboratory, and they absolutely understood and respected that purpose,” said NASA flight director Zeb Scoville.
NASA also hired Boeing to ferry astronauts after retiring the shuttles. The company will take another shot next month at getting an empty crew capsule to the space station, after software and other problems fouled a 2019 test flight and prevented a redo last summer.
___
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. | https://cw33.com/news/science-technology/ap-science/spacex-launches-4-astronauts-for-nasa-after-private-flight/ | 2022-04-27T19:00:41Z |
90+ new cases of COVID-19 reported in Riley Co.
MANHATTAN, Kan. (WIBW) - More than 90 new cases of COVID-19 have been reported in Riley Co.
Riley County says on Wednesday, June 29, the Kansas Department of Health and Environment found 92 new COVID-19 cases in the county between June 18 and 24. It said the incidence rate was recorded at 123.9 cases per 100,000 residents which maintains the county’s position in the high incidence category.
Ascension Via Christi Hospital in Manhattan reported that one COVID-positive patient is under its care.
The County also said no additional deaths have been reported in the county. Overall, it said 89 residents have died as a result of the virus.
The County also noted that the Riley Co. Health Dept. Clinic will begin to vaccinate children 6 months and older against COVID at its 2030 Tecumseh Rd. location.
For more information about COVID-19 in Riley Co., click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/29/90-new-cases-covid-19-reported-riley-co/ | 2022-06-29T19:38:07Z |
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