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A Louisville, Kentucky, corrections officer has been terminated after "disparaging" the Louisville Metro Police Department and referencing the death of Breonna Taylor in a video, the Louisville Metro Department of Corrections said in a statement.
The officer, Turhan Knight, was terminated August 25 after the department's director, Jerry Collins, viewed the video and was "disgusted," according to the statement from LMDC. Knight had been employed by the LMDC since 2018, according to the statement.
Knight has since apologized, calling the video a joke.
In the video, posted on an account that was later deleted, Knight introduces himself as an officer with "Louisville Metro" and encourages viewers to join the department.
"Be a part of a great, great police department. Never mind what happened to Breonna Taylor, we killed that (bleep)," he says.
Taylor, a 26-year-old emergency room technician, was shot and killed in her apartment during a flawed forced-entry raid in the early hours of March 13, 2020. Four current and former Louisville police officers involved have been charged with civil rights violations and other counts, Attorney General Merrick Garland said August 12.
In the video, Knight discusses the benefits of working for LMPD, like driving police vehicles and being able to provide for a family. "Do you want to kill people and be able to get off for it?" he says. "Join Louisville Metro Police Department and answer the call."
Louisville Metro Police Department said it had no comment on the video since it is not the investigating agency and referred CNN to LMDC.
In a statement to CNN affiliate WLKY, Knight apologized to Taylor's family and his own.
"I want to first apologize to the Mother, Boyfriend and Family of (Breonna) Taylor because I never meant to compound or further remind them of the tragedy that has taken place," Knight said in the statement. "And I also apologize to my family, friends, the community & my church members because I knew better and I ask them to forgive me."
"I'm in the process of retaining a lawyer, I'm just deeply remorseful and never meant anything bad or against the Breonna Taylor Family because I know the family," Knight added. "It was a joke recorded by another officer about how I felt LMPD admin and some officers handled past situations and I regret it."
Knight told the Courier Journal that he'd submitted his resignation before any action from the department. A statement from the Fraternal Order of Police Lodge 77 indicated his last day was set for August 26, the day after he was terminated.
CNN has attempted to reach Knight but has not received a response.
The FOP lodge believes the termination was "absolutely justified" and will not appeal it, according to a statement from its president, Daniel Johnson.
"The video was absolutely horrible and there is no place in public service for anyone that would do something so insensitive," the statement says.
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accounts, the history behind an article. | https://www.albanyherald.com/news/a-louisville-corrections-officer-is-terminated-after-mocking-the-city-police-departments-2020-killing-of/article_76533fa8-1cea-5ce9-83fc-3edc6a69697f.html | 2022-09-01T05:24:55Z |
RED OAK — It was expected to be an offensive showdown Friday night between Lake Belton and Red Oak, two teams that entered District 4-5A-I play each averaging more than 400 yards and 40 points per game.
The match-up more than lived up to the billing — and then some.
The Broncos’ Connor Crews threw for 267 yards and five touchdowns, the last of which found Micah Hudson across the middle from 14 yards out to tie things at 47 in overtime.
Red Oak had taken a 47-41 lead on the first possession of the extra period when Moses Martindale plunged in from 2 yards out, but Lake Belton’s Bruce Onchweri broke through to block the extra point attempt.
Following Hudson’s score — his second of the game — and a Red Oak timeout, the Broncos’ Tommy Stephens converted the point-after attempt to secure their 48-47 comeback win and the celebration was on.
The visiting side of Billy Goodloe Stadium erupted as many Lake Belton players stormed around Stephens on the field, the mass of bodies growing larger as players jumped and hollered as they relished the last moments of their dramatic win to open their first-ever district schedule.
“I had the snap count down and everything,” Onchweri said of his game-altering special teams play, one of many big stops in the second half for the Broncos (3-0) after Red Oak (2-1) built a 35-21 halftime lead by scoring touchdowns on five of their six first-half possessions.
“As soon as that ball moved, I was out of there,” the senior continued. “I was like, no matter if I’m close, if I’m far away, I don’t care, I’m going to jump and I’m blocking this. They’re not leaving with this extra point.”
Lake Belton trailed by 14 points for most of the third quarter, but outscored Red Oak 20-6 in the final 13½ minutes, starting with a Crews TD on a 1-yard keeper to cut the gap to 35-28 with 1:28 left in the third.
Crews added 68 yards rushing and a pair of scores while Tristan Robin’s 96 yards rushing on 13 carries led the Broncos. Crews’ top target was Ty Legg, who had seven grabs for 83 yards, including an 18-yard score that trimmed the gap to 35-34 midway through the fourth.
After surrendering five touchdowns in the first half, three of which went for 70-plus yards, Lake Belton stopped the Hawks on downs twice and also got interceptions from Javeon Wilcox and Manuel Herrera in the game’s final 24 minutes.
Herrera’s interception came just four plays after Wilcox had helped Lake Belton tie the game when he capped a 12-play drive, 88-yard drive with a 14-yard TD grab over the middle from Crews that tied the score at 41 with 33 seconds left.
“When I motioned over and I saw Micah Hudson go outside and I cut inside, no one was on me,” said Wilcox, who also had a 19-yard TD reception to cut the gap to 21-14 early in the second quarter.
“I didn’t see anybody down the field so all I had to do was make the catch and go in and score,” the senior continued. “I thought it was game over right there.”
Herrera’s interception then set Lake Belton up at Red Oak’s 48-yard line with 4 seconds left and Crews’ pass to the end zone fell short as time expired, but a pass interference call moved the ball up 15 yards and gave the Broncos one last shot to win it with an untimed play to end regulation.
Crews’ pass intended for Hudson in the right corner of the end zone was batted down by the Hawks’ Austen Morgan, forcing overtime.
“Our kids fought tooth and nail to the very end,” Lake Belton head coach Brian Cope said. “Bruce with that blocked kick in overtime and Tommy Stephens making those extra points, the one to get it to overtime and the one to win it. What an awesome deal for our kids and this community. I am so thankful. It took about 40 kids tonight to win this game and it took all of our coaching staff and everybody was a part of it and they just did a phenomenal job.”
The Hawks came out of the gate with a 74-yard pass from Jaylon Robinson to Jairrus Nicholson along the right side to assume a 7-0 lead with just 22 seconds elapsed.
It marked the first time Lake Belton trailed this season.
LAKE BELTON 48, RED OAK 47 (OT)
Lake Belton 7 14 7 13 7 — 48
Red Oak 21 14 0 6 6 — 47
RO — Jairrus Nicholson 74 pass from Jaylon Robinson (Josh Jimenez kick)
LB — Micah Hudson 17 pass from Connor Crews (Cole Jackson kick)
RO — Warren Roberson 73 pass from Chris Martinez (kick failed)
RO — Brayden Robinson 17 pass from J.Robinson (J. Robinson run)
LB — Javeon Wilcox 19 pass from Crews (Jackson kick)
RO — Nicholson 27 pass from J.Robinson (Jimenez kick)
LB — Crews 2 run (Jackson kick)
RO — Montaz Williams 85 kickoff return (Jimenez kick)
LB — Crews 1 run (Jackson kick)
LB — Ty Legg 18 pass from Crews (kick failed)
RO — J.Robinson 1 run (pass failed)
LB — Wilcox 14 pass from Crews (pass failed)
RO — Moses Martindale 2 run (kick failed)
LB — Wilcox 14 pass from Crews (Tommy Stephens kick)
LB — Hudson 14 pass from Crews (Stephens kick)
TEAM STATISTICS
LB RO
First downs 18 18
Rushes-yards 36-215 38-196
Passing yards 267 316
Comp.-Att.-Int. 20-36-1 18-28-2
Punts-average 4-35.3 2-27.5
Fumbles-lost 1-1 1-1
Penalties-yards 7-55 14-139
INDIVIDUAL STATISTICS
RUSHING — Lake Belton: Tristan Robin 13-96, Crews 12-68, D’Arius Wilkerson 7-44, Hudson 3-11, Legg 1-(-4); Red Oak: Name Martindale 18-94, Martinez 11-46, J.Robinson 8-46.
PASSING — Lake Belton: Name Crews 20-36-1-267; Red Oak: J.Robinson 15-25-3-240, Martinez 1-1-1-73, Kendall Brown 1-2-0-3.
RECEIVING — Lake Belton: Legg 7-83, Hudson 5-60, Jaydon Leza 4-51, Wilcox 2-33, Cash Robin 1-11, Tyus Jackson 1-5; Red Oak: Nicholson 6-176, Roberson 2-90, Rodney Malone 4-27, Williams 3-21, B.Robinson 3-19. | https://www.tdtnews.com/sports/article_45934be0-30c7-11ed-851c-6b25959a717e.html | 2022-09-10T06:29:25Z |
Transitions will be effective September 1, 2022
CHICAGO, June 27, 2022 /PRNewswire/ -- Today, McDonald's Corporation (NYSE: MCD) CEO, Chris Kempczinski sent the following message to the McDonald's Global System, which also outlines additional leadership team updates.
Digital CV's and headshots for these leaders are embedded within this release.
+++
As I said at Worldwide Convention in April, there's never been a better time to be part of Brand McDonald's.
McDonald's is now seen as leading in our industry on almost every dimension. Together, we've transformed the McDonald's System and are performing at a high level in almost every market in which we operate.
This transformation has required enormous effort, collaboration, and most importantly, leadership across all three legs of the stool as we have worked to bring our Accelerating the Arches strategy to life.
This has not been easy, nor was our current success a foregone conclusion. In fact, several years ago, the outlook for our business was far less rosy – at least, according to the pundits and analysts. In 2014, global comparable sales and guest counts were declining, new competitors were emerging, and customer and investor expectations were rising for global companies like ours. Remarkably, Wall Street consensus assumed the McDonald's System was in structural decline.
Over the years, however, the McDonald's System has demonstrated a remarkable knack for cultivating the right leaders for the moment, and this was certainly true when Kevin Ozan and Francesca DeBiase were appointed to their roles in March 2015.
Kevin and Francesca are long-time McDonald's veterans, with over forty years of combined System experience and careers that were purpose-built for their positions on our Global Senior Leadership Team. They were well-known and highly respected, and their appointments – Kevin as Chief Financial Officer and Francesca as Global Chief Supply Chain Officer – coincided with the multi-year reinvigoration of our business that has led to our current position of strength.
It is with deep gratitude and respect that I am announcing today that Kevin will be assuming a new position and has been promoted to Senior Executive Vice President, Strategic Initiatives, and that Francesca recently shared with me her decision to retire from McDonald's, effective August 31.
***
Kevin has been with McDonald's since 1997, when he joined from Ernst & Young. From the moment Kevin stepped foot here, it was clear to everyone who interacted with him that he brought something truly special to our System. His intellect and ability to work across multiple disciplines was only matched by his disarming approach and his belief in the business.
I remember meeting Kevin when I first joined McDonald's. I was struck by his dedication to the System, his low ego, and unflappable judgment. I joked with Kevin that he was the "nicest CFO" I'd ever met, and yet Kevin still set the highest standards for himself and his team.
Kevin leads with an incredible combination of head and heart. He's helped guide our System through so much the last seven years – from onboarding two CEOs, to navigating through COVID, dealing with activist investors and, most recently, our exit from the Russian market. Kevin has seen and done it all.
In this elevated role, which will be effective September 1, Kevin will continue to lead the Strategy team and spearhead several strategic initiatives, while partnering with me and the Senior Leadership Team, and plans to retire from McDonald's by mid-2023.
With this move, Ian Borden, currently President, International and a 30-year System veteran, has been appointed to serve as our next Executive Vice President and CFO, effective September 1.
Ian is well-known for being a values-based leader with a tremendous amount of System knowledge. He first joined our System in Canada in 1994. From there, he went on to serve in roles including as CFO for our Asia-Pacific, Middle East and Africa region and CFO for Russia and Eastern Europe. He's also had several leadership and P&L roles across our markets and regions.
We often say that our international markets are the growth and idea engine of the System, and in so many ways that is a testament to Ian's leadership and contributions. From ambitious digital deployments to delivery and EOTF, the markets under Ian's leadership have been launching pads for some of our most ambitious and impactful moves over the past decade. Ian consistently puts teamwork at the heart of everything he does. His passion and unfailing commitment to talent development has built a strong succession pipeline across the System.
On our Senior Leadership Team, he has championed and fostered closer and more effective collaboration across our markets to execute our strategy with great success while also navigating unpredictable challenges with agility and purpose. For these reasons, and so many more, this makes Ian an exceptional leader for our Finance organization as our next CFO.
Ian, his wife Yolande, and his two sons – Ethan and Matthew – will be relocating to Chicago and I look forward to benefiting even more from his partnership. We will share an update on our International leadership in mid-July.
***
Francesca has been with McDonald's since 1991, and last year celebrated her 30th anniversary – an incredible milestone!
The strength and resiliency of our Supply Chain is a cornerstone of our competitive advantage and a mark of Francesca's leadership. The strategic relationships Francesca has forged throughout the supplier community – based on transparency, inclusion, and trust – have been key to our success in creating a best-in-class Supply Chain that is the envy of our industry, and so many others.
Francesca was one of the earliest leaders in our System to champion progressive and sustainable business solutions, which are now deeply embedded across McDonald's. She has been fiercely passionate about talent development – both within her organization and across the System – and led our Global Women's Leadership Network for many years, stewarding a culture where women have the most opportunity to succeed and grow. Generations to come will undoubtedly benefit from the impact of her leadership.
There's little Francesca has not seen in her McDonald's journey – from trade challenges, to the impacts of climate change, to all manner of disruptions. Even so, the unforeseen impacts of an unprecedented global pandemic further proved the strength and resilience of Francesca's leadership and our entire Supply Chain. While others broke supply, McDonald's did not. That is a truly extraordinary accomplishment. For this, and for so much more, we are grateful.
While Francesca will certainly be missed, it gives me great pleasure to announce that Marion Gross, Chief Supply Chain Officer of North America, has been promoted to Executive Vice President, Global Chief Supply Chain Officer, and will join the Global Senior Leadership Team, effective September 1.
Marion's impressive career at McDonald's has spanned 29 years, but she had already been a part of the System for several years having managed transportation and logistics at HAVI. At McDonald's, she first managed the supply of several national product categories before taking on strategic Supply Chain initiatives across 36 distribution centers. Most recently, Marion has been responsible for executing the strategic direction of McDonald's Supply Chain across the U.S. and Canada.
Marion's embrace of our values is a hallmark of her leadership. Her deep involvement in our communities and constant focus on truly driving our purpose deep within the System stand tall as clear examples that we get better together.
We will share more details on Marion's successor before she formally transitions this fall.
***
Finally, Katie Fallon, who has successfully served as McDonald's first-ever Chief Global Impact Officer, recently informed me of her decision to depart McDonald's.
Katie has been a deeply valuable partner to me and so many throughout our System as we've risen to society's growing expectations of business. She has brought critical functions together and forged a collective strategy to drive trust and admiration for McDonald's. While we have benefitted from Katie's strong leadership, I fully support and understand her decision to pursue an opportunity that has fewer travel demands and better aligns with the needs of her young family in Washington D.C.
Katie's last day with us will be July 15, and I am confident that this team, and our System, have the right leaders and plans in place to continue advancing our progress as we deliver on our purpose to feed and foster communities.
While we identify Katie's successor, Kevin will oversee the Global Impact team.
***
I feel immense pride in everything the McDonald's System has accomplished over the past several years and am confident that the leaders announced today will help accelerate our momentum.
The McDonald's System is special because our people are special. With ketchup coursing through our veins, McDonald's future has never been brighter.
Chris
ABOUT MCDONALD'S
McDonald's is the world's leading global foodservice retailer with more than 39,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements about future events and circumstances. Generally speaking, any statement not based upon historical fact is a forward-looking statement. In particular, statements regarding McDonald's plans, strategies, prospects and expectations regarding its business and industry are forward-looking statements. They reflect McDonald's expectations, are not guarantees of performance and speak only as of the date hereof. Except as required by law, McDonald's does not undertake to update such forward-looking statements. You should not rely unduly on forward-looking statements. McDonald's business results are subject to a variety of risks, including those that are described in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and subsequent filings with the Securities and Exchange Commission.
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SOURCE McDonald's Corporation | https://www.wibw.com/prnewswire/2022/06/27/mcdonalds-promotes-kevin-ozan-senior-executive-vice-president-strategic-initiatives-ian-borden-chief-financial-officer-marion-gross-global-chief-supply-chain-officer/ | 2022-06-27T12:26:15Z |
RICHMOND, Va. (AP) — The 17-year-old daughter of Toronto Blue Jays first base coach Mark Budzinski died in a boating accident in Virginia over the weekend, authorities said Monday.
Julia Budzinski was one of two girls who fell off a tube being pulled behind a boat on the James River in Richmond on Saturday, Virginia Department of Wildlife Resources spokesperson Paige Pearson said.
As the boat operator returned to get the girls out of the water, the boat hit a wave, causing it to be pushed on top of Budzinski and striking her with the propeller, Pearson said. The boat driver and the operator of another passing boat jumped into the water to try to rescue Budzinski, who was pronounced dead at a hospital.
Pearson said no foul play is suspected and alcohol was not a factor. “It was a terrible accident,” she said.
As news of the accident spread, a vigil was held Sunday night at Glen Allen High School, where Budzinski was a rising senior and played soccer and other sports.
“It was a very happy, fun last day on Earth for her,” her mother, Monica Budzinski, said at the vigil. “She was happy, laughing, having a good time and that’s the way I’m going to remember her.”
Mark Budzinski left the Blue Jays in the third inning of the second game of the team’s doubleheader against the Rays on Saturday after learning of his daughter’s death.
The Blue Jays later issued a statement saying he would take some time away from the team to grieve with his family.
There was a moment of silence for Julia Budzinski before Sunday’s series finale.
“My heart breaks for Bud,” Toronto manager Charlie Montoyo said after the game. “There’s good men and great men. He’s a great man. He’s a special kind of person. His family is great. The only thing I can share about what happened is that he left a note for the team. He did this while going through a tragedy, and that tells you everything about him.”
Mark Budzinski, a University of Richmond graduate, played four games for the Cincinnati Reds in 2003 and retired in 2005. After managing in Cleveland’s minor league system, he joined the then-Indians’ big league staff in 2017. Toronto hired Budzinski in November 2018.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/daughter-of-blue-jays-1b-coach-died-in-va-tubing-accident/ | 2022-07-05T19:34:34Z |
Portfolio value of SOSV Climate Tech 100 doubles to $11B and includes 5 unicorns.
PRINCETON, N.J., April 22, 2022 /PRNewswire/ -- The global venture capital firm SOSV announced today the release of its second annual SOSV Climate Tech 100 list, a selection of the firm's top deep tech companies combating climate change. SOSV disclosed that in the past year, the aggregate valuation of the firms on the list had doubled to $11 billion and the total capital raised also doubled to hit $3.8 billion.
"SOSV has been deeply committed to climate tech for more than a decade. We find and fund pre-seed startups that are inventing a better future. The performance of the Climate Tech 100 in the past year is an encouraging sign that more investors are taking this vital sector seriously," said Sean O'Sullivan, Founder and Managing General Partner of SOSV.
The venture data company Pitchbook has ranked SOSV the #1 investor in climate tech since 2018, and SOSV's Climate Tech 100 list included five unicorns: Upside Foods, Perfect Day, NotCo, Formlabs, and GetAround. According to the research firm HolonIQ, there are currently 50 climate tech unicorns in the global startup ecosystem.
Caption: SOSV's Climate Tech 100 2022 Unicorns
Most of the companies on the SOSV Climate Tech 100 originated in SOSV's IndieBio (life sciences) or HAX (hard tech) startup development programs, and they cover a broad array of climate categories, including food (51), manufacturing (25), transport (9), energy (8), building systems (4) and circular economy (3). The companies on the SOSV Climate Tech 100 come from 19 countries, some 42% have a founder with a Ph.D., and 38% of the companies have at least one female founder.
IndieBio operates in San Francisco and New York City, and HAX has programs in Newark, NJ, Shenzhen, and Tokyo. SOSV invests only in companies that participate in its pre-seed programs, but it continues investing post-program as its portfolio companies advance to later rounds.
After initial backing by SOSV, the companies on the list won backing from hundreds of investors including SoftBank, Temasek, Tiger Global, New Enterprise Associates, DBL Partners, Foundry Group, Sequoia Capital, Bezos Expeditions, Khosla Ventures, Future Shape, The Engine, Prelude Ventures, and Future Ventures.
SOSV will host the second annual SOSV Climate Tech Summit on October 25 and 26, registration for the virtual event is now open.
About SOSV
SOSV is a global venture capital firm headquartered in Princeton, NJ. The firm has more $1.2 billion in assets under management and specializes in the early stage development of deep tech companies focused on human and planetary health. SOSV operates the startup development programs HAX (hard tech), IndieBio (life sciences), Chinaccelerator and MOX (cross-border growth) and dlab (blockchain). Sean O'Sullivan, a serial entrepreneur and technologist, is the founder and managing general partner of SOSV. The firm has 9 general partners and a 130-person staff across eight locations in the US, Europe and Asia. To learn more, contact SOSV. https://sosv.com/ https://sosvclimatetech.com/
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SOURCE SOSV | https://www.wibw.com/prnewswire/2022/04/22/sosv-releases-climate-tech-100-list-2022/ | 2022-04-22T19:26:37Z |
DALLAS (KDAF) — Texans, do you love Netflix’s popular not-so-normal dating show, Love Is Blind? Well, if you haven’t been interested in it yet, you might have an extra reason to get caught up because it appears season 3 of the show will be featuring singles from the city of Dallas.
That’s not the only good news for fans, apparently, season 3 could be premiering in 2022 at an undisclosed date. It will feature Dallas singles mingling in the pods in the Lone Star State to see if they can fall in love blindly or as the show puts it, sight-unseen.
Season 2 of Love Is Blind was in Chicago while season 1 was in Atlanta, so season 3 could have a more southern feel like season 1 did, just Texas-styled. We can’t wait for season 3 to arrive and follow ALL the love and drama that it is sure to be filled with. | https://cw33.com/news/local/netflixs-love-is-blind-season-3-is-helping-out-dallas-singles/ | 2022-04-14T18:39:28Z |
Oath Keepers had explosive on Jan. 6, Justice Dept. says
Published: Jul. 9, 2022 at 10:18 AM EDT|Updated: 23 minutes ago
(CNN) - New details from a court filing alleges some members of the Oath Keepers extremist group extensively planned for the violence in Washington, D.C., on Jan. 6, 2021.
The Justice Department claims one suspect also had a death list of Georgia election officials.
The government alleges members of the group made attempts to get explosives, and one member brought one to the D.C. area around Jan. 6.
Prosecutors intend to use these details in the September trial of nine Oath Keepers who are charged with seditious conspiracy.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/09/oath-keepers-had-explosive-jan-6-justice-dept-says/ | 2022-07-09T14:42:18Z |
NEW YORK, May 31, 2022 /PRNewswire/ -- Fireblocks (www.fireblocks.com), the industry leader and award-winning digital asset and crypto technology provider, announced today it has appointed the former Head of Fintech at the Bank of England, Varun Paul, as its new Central Banking Digital Currency (CBDC) and Market Infrastructure Director. In this new role, Paul will serve on Fireblocks' Corporate Strategy team and report to Fireblocks' Vice President and Head of Corporate Strategy, Adam Levine.
Paul is a graduate of Cambridge University who earned a Master's degree in Economics. After college, Paul served in multiple roles at the Bank of England for 14 years, ultimately spearheading its fintech hub and future of finance initiatives.
"Varun brings a wealth of insight and experience from his tenure at the Bank of England that will be invaluable to our team as we engage and partner with leading central banks around the world," said Levine. "From CBDC developments to the tokenization of traditional financial assets, bridging digital assets and blockchain technologies to traditional institutions at scale will require strong working relationships with the central bank community. We are excited about Varun's ability to help support the digital asset strategy of central banks and market infrastructures."
As Fireblocks' first Director of CBDC and Market Infrastructure, Paul will lead the company's engagement with central banks and market infrastructures as they begin adopting digital asset and tokenization technologies. In this capacity, Paul will play a key role in educating key decision-makers on secure and scalable solutions to support digital assets and exploring the potential benefits of participating in permissioned DeFi and the secondary economy it powers.
This announcement comes on the heels of a wave of countries that have announced plans to adopt central bank digital currencies. In February, United States President, Joe Biden, signed an executive order that would direct federal agencies to look into the possible infrastructure needed to create a US CBDC due to the $3 trillion dollar in digital asset market cap as of November 2021. According to the IMF, around 100 countries are exploring CBDC projects or initiatives, including the UK, US, India, Singapore, and Switzerland.
"Fireblocks is the clear leader when it comes to providing secure, scalable technologies for digital asset and crypto-forward businesses," said Varun Paul, Fireblocks' new Director of CBDC and Market Infrastructure. "Financial innovation in CBDC, DeFi and tokenization is rapidly accelerating, and my new role at Fireblocks allows me the privilege and opportunity to work alongside some of the most forward-thinking organizations in the world as they prepare for one of the sector's greatest transformations."
Since launching in 2019, Fireblocks has onboarded more than 1,300 institutional customers who use its platform to secure more than $210 billion in monthly digital asset transfers. To date, Fireblocks' technology has garnered industry recognition with awards that include Hedgeweek Europe's Best Custodian Innovation and Best Cyber Security Provider; Microsoft Security Trailblazer Award; and The Hottest Blockchain Startup in 2020 from the Europas.
About Fireblocks
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves over 1,300 financial institutions, has secured the transfer of over $2.6 trillion in digital assets and has a unique insurance policy that covers assets in storage & transit. Some of the biggest trading desks have switched to Fireblocks because it's the only solution that CISOs and Ops Teams both love. For more information, please visit www.fireblocks.com.
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SOURCE Fireblocks | https://www.wibw.com/prnewswire/2022/05/31/fireblocks-appoints-former-head-fintech-bank-england-new-director-cbdc-market-infrastructure/ | 2022-05-31T12:22:42Z |
The new finance leader joins the recognition and rewards company as the organization surges forward with an eventful 2022.
PROVO, Utah, May 18, 2022 /PRNewswire/ -- Awardco, the employee recognition and rewards company that drives behavior and builds culture through value-driven recognition, announced today that John Richards, a 26-year veteran in the world of finance, has joined the team as the new CFO.
Richards moved to Awardco after spending nearly 11 years in leadership of Domo's finance efforts, having previously led finance teams for Cisco and Google. He enters Awardco at a time of accelerating growth, including a new philanthropic endeavor called Goodness Grants and expansion into the EU and U.K. alongside its partner, Amazon Business. Last fall, Awardco secured $65 million in Series A funding, the largest for a HR tech SaaS.
"We are excited for John to come on board. Hiring him to fill this essential role is one more brick in our expanding house at Awardco. He brings a wealth of knowledge and will guide our advancement with passion and expertise," said Awardco founder and CEO Steve Sonnenberg. "His diversity of experience and diversity of leadership positions at Domo and Google will be extremely important to our success and ability to continue to grow responsibly. In John, we recognized good — that's what we do."
Richards holds an MBA from the University of Texas McCombs School of Business, as well as a Master of Accountancy (MAcc) from Brigham Young University's School of Accountancy. He has worked with companies of all sizes and specializes in building teams and processes from the ground up, with a focus on business partnership and accurate forecasting.
"I'm thrilled to join Awardco and contribute to this rapidly expanding organization. I feel like I'm here at the perfect time; Awardco is making waves in the industry and is poised for even more explosive growth," said Richards. "The vision of the organization and its incredible potential is what drew me in — Awardco doesn't just help companies recognize and reward their employees, they actually strive to recognize the good in everything they do, internally and externally. I'm elated to hit the ground running with this creative and dynamic team."
About Awardco
Awardco drives behavior and builds workplace culture through value-driven recognition and rewards. It is the only employee recognition and total rewards platform to be featured with Amazon Business to offer the power of Amazon for any size organization's rewards & recognition programs. Offering millions of products, hotels through Priceline, event tickets, gift cards, swag, and custom catalogs, Awardco is the largest reward network on the planet — all with zero markups. Coupled with the flexibility to build any number of recognition, incentive, milestone, or behaviorally driven programs, Awardco's platform drives employee loyalty. For more information, visit us online at award.co.
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SOURCE Awardco | https://www.kxii.com/prnewswire/2022/05/18/awardco-invests-new-cfo-its-growth-accelerates/ | 2022-05-18T12:10:05Z |
Former Bon Jovi bassist, founding member Alec John Such dies
NEW YORK (AP) — Alec John Such, the bassist and a founding member of the iconic rock band Bon Jovi, has died. He was 70.
The group on Sunday announced the death of Such, the New Jersey band’s bassist from 1983 to 1994. No details on when or how Such died were immediately available. A publicist for singer-songwriter Jon Bon Jovi didn’t immediately respond to messages.
“He was an original,” Bon Jovi wrote in a post on Twitter. “As a founding member of Bon Jovi, Alec was integral to the formation of the band.”
Bon Jovi credited Such for bringing the band together, noting that he was a childhood friend of drummer Tico Torres and brought guitarist and songwriter Richie Sambora to see the band perform. Such had played with Sambora in a band called Message.
The Yonkers, New York-born Such was a veteran figure in the thriving New Jersey music scene that helped spawn Bon Jovi. As manager of the Hunka Bunka Ballroom in Sayreville, New Jersey, Such booked Jon Bon Jovi & The Wild Ones before joining the singer-songwriter’s band. He played with Bon Jovi through the group’s heyday in the 1980s.
Such departed the band in 1994, when he was replaced by bassist Hugh McDonald. He later rejoined the band for its induction into the Rock & Roll Hall of Fame in 2018.
“When Jon Bon Jovi called me up and asked me to be in his band many years ago, I soon realized how serious he was and he had a vision that he wanted to bring us to,” said Such at the Hall of Fame induction. “And I am only too happy to have been a part of that vision.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/05/former-bon-jovi-bassist-founding-member-alec-john-such-dies/ | 2022-06-05T22:53:06Z |
PROVO, Utah, Sept. 8, 2022 /PRNewswire/ -- Novarad Corporation announces a strategic alliance with a network of well-established specialty Neurosurgical and Spine distribution partners within the US. The initial network covers locations from the Eastern seaboard to Texas, with additional partners to be added throughout the entire USA in the 4th quarter of 2022. These medical device distributors bring widespread experience and a strong local presence to support the growth of Novarad's new VisAR and OpenSight product lines.
VisAR, a revolutionary Augmented Reality Surgical Navigation technology, transforms a patient's imaging data. Presenting as a 3-dimensional hologram visible through an optical visor, this augmented reality is superimposed onto the patient with sub-millimeter accuracy, allowing the surgeon to focus directly on their objective without looking away from the separate monitor. Today, costly impediments and timely setups force surgeons to work without navigation. Novarad's state-of-the-art VisAR system is a huge step towards making surgical guidance widely available and economically feasible.
The regional specialty distributors that comprise this network have brought unique solutions and cutting-edge technologies to neurosurgical and spine markets for more than 30 years," said Jim Bazzinotti, President, US Neurosurgical. The network includes, US Neurosurgical, Proficient Surgical, Steven Baum, President, covering (CT, RI, MA, NH, NYC, No. NJ, ME and VT), Life Surgical, Eric Johnson, President, covering (DC, DE, MD, So. NJ, E.PA and No.VA), Nautilus Surgical, Rex Burbage, President, covering (DC, MD, NC, VA, and W.VA), Neuro-Tec, Tom Smithweck, President, covering (AL, GA and SC), Armamentarium Surgical, John Nail, President, covering (AR, KS, LA, MO, MS, OK, TN, TX, W.KY).
With a broad reach, Novarad's patented innovation transforms both surgeries and medical education by providing real-time viewing of anatomy and critical structures on the patient.
Dr. Wendell Gibby, Novarad's founder and CEO, says, "this is transformational technology that provides the precision of a robot, the portability of a stethoscope and the versatility of human powered intelligence." Dr. Gibby, addressing the significance of VisAR, continues, "Like a surgical GPS, VisAR provides a roadmap to guide the surgeon to the pathology of interest." Easy to expand with a reduced IT footprint, VisAR's size and scalability benefit physicians and hospitals alike.
To learn more about VisAR or Novarad's distribution network, start a VisAR trial at your facility, or to become a distributor, go to Novarad.net/visar.
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SOURCE Novarad Corporation | https://www.kxii.com/prnewswire/2022/09/08/novarad-secures-strategic-regional-network-alliance-its-augmented-reality-surgical-navigation-product-which-has-been-providing-unique-solutions-cutting-edge-technologies-neurosurgical-spine-markets-more-than-30-years/ | 2022-09-08T16:49:20Z |
NEW YORK, July 20, 2022 /PRNewswire/ -- The Alzheimer's Foundation of America (AFA) has awarded a $250,000 research grant to The City College of New York to fund new Alzheimer's research which could potentially lead to the development of new medications to treat the disease. The project aims to learn more about the role that disrupting the amyloid precursor protein (APP) plays in causing Alzheimer's.
"Scientists have been working hard and making progress, but there is still more we need to learn and discover about Alzheimer's disease," said AFA Founder and Board Chair Bert E. Brodsky. "We are pleased to support CCNY's research and are hopeful that it will lead to the breakthrough all of us are hoping and praying for."
"Every dollar invested in Alzheimer's research is an investment in hope," said AFA President & CEO Charles J. Fuschillo, Jr. "CCNY's research has the potential to unlock some of the mysteries surrounding Alzheimer's disease and hopefully facilitate new treatments, which would be a game-changer in the fight against Alzheimer's. AFA is proud to support their efforts."
The APP gene family is essential for viability in mammals, but its function is unclear. Mutations in the genes for APP and in the enzymes that interact with APP have been found in familial Alzheimer's disease (a form of Alzheimer's disease which is linked to genes and affects at least two generations of a family), suggesting that disruption of APP can lead to Alzheimer's disease.
Led by Christine Li, Principal Investigator and a professor in CCNY's Department of Biology, the project aims to identify the role that APP plays in brain health and Alzheimer's disease using the C. elegans model system. This research can then be translated into discoveries in mammals that could potentially lead to the development of new medications to treat Alzheimer's that do not interfere with APP function.
"We are immensely grateful to the Alzheimer's Foundation of America and its donors for their support of our research," said Li. "Alzheimer's is a devastating disease not only to the individual, but to the family. All different avenues of research must be pursued to identify possible therapies to alleviate symptoms and, ultimately, to find a cure."
"An estimated six million Americas are living with Alzheimer's disease and that number is estimated to almost double within the next few decades. This grant from the Alzheimer's Foundation of America will support the important research being led by Professor Li and her research team," said City College President Vincent Boudreau. "We are grateful to AFA's Board Chairman, Bert Brodsky, CCNY class of 1964, Charles Fuschillo, Jr., AFA's President and CEO and the AFA Board for their support and partnership, which we hope will further the important scientific work being done on our campus and around the world."
AFA is able to award research grants such as this through the generosity of individuals and organizations. To make a donation to support AFA's research efforts, as well as programs and services for families affected by Alzheimer's disease, click here or call AFA at 866-232-8484.
Contact: Jay Mwamba, 917.892.0374
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SOURCE City College of New York, Office of Institutional Advancement and Communications | https://www.mysuncoast.com/prnewswire/2022/07/20/alzheimers-foundation-america-awards-250k-grant-ccny-research/ | 2022-07-20T21:25:46Z |
HOUSTON, June 28, 2022 /PRNewswire/ -- Ascend Performance Materials is showcasing its latest materials for e-mobility at the Battery Show Europe this week. Among the products Ascend is exhibiting are a new color-stable grade of its Starflam® flame-retardant polyamides; its new Vydyne® AVS for damping noise, vibration and harshness; and Trinohex® Ultra, its REACH-registered electrolyte additive.
Ascend has developed a color-stable orange grade of its Starflam 525K flame-retardant PA66 that is laser-markable, withstands long-term heat aging over 5,000 hours and retains its electrical properties, including a UL 94 flammability rating of V-0 at 0.2 mm. This new color-stable grade is designed for use in high-voltage connectors and busbars.
Vydyne AVS, Ascend's new anti-vibration material, will also be highlighted. Tailored to dampen the high-frequency vibrations from EV motors and compressors, AVS is an effective NVH solution that mitigates in-cabin noise without adding complexity or weight.
Finally, Ascend will also promote its Trinohex Ultra electrolyte additive, which improves lithium-ion battery performance, safety and longevity. In third-party testing, Trinohex Ultra has demonstrated superior cathode protection across cathode and electrolyte chemistries. This protection leads to a 30% reduction in harmful gas generation and longer-lasting performance, especially in extreme conditions.
"Our goal is to bring new material solutions to the e-mobility space," said Ian van Duijvenboode, Ascend's director for e-mobility. "Our capabilities in application and design engineering, coupled with our extensive materials knowledge, continue to help OEMs overcome some significant challenges in terms of safety, passenger comfort and range."
Ascend is exhibiting at booth 10-C94 at the Battery Show Europe through June 30.
About Ascend Performance Materials
Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas, and with regional offices in Shanghai, Brussels and Detroit, we are a fully integrated material solutions provider with global manufacturing facilities in North America, Europe and Asia. Our global workforce makes the materials used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability and the success of our customers and our communities.
Learn more about Ascend at www.ascendmaterials.com.
Contact: Ally Jahn, +1 713-210-9809, ajahn@ascendmaterials.com
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SOURCE Ascend Performance Materials | https://www.mysuncoast.com/prnewswire/2022/06/28/ascend-brings-new-ev-battery-materials-battery-show-europe/ | 2022-06-28T15:06:16Z |
MELBOURNE, July 26, 2022 /PRNewswire/ -- Australian technology company Security Matters Ltd. (ASX: SMX) announces its business combination with Lionheart III Corp. (NASDAQ:LION), a special acquisition purpose company. The combined Nasdaq entity is expected to be valued at US$360 million. The combined entity will list on NASDAQ via a newly-formed Irish company to be named SMX Public Limited Company "SMX Ireland"). Upon the closing of the business combination, the ordinary shares and warrants of SMX Ireland are expected to trade on NASDAQ under the new ticker symbols "SMX" and "SMXW", respectively, and SMX shall cease to be quoted on the Australian Stock Exchange ("ASX").
The value reflects an implied pre-money valuation of the company on the ASX of US$200 million and is anticipated to generate proceeds of up to approximately US$116 million, assuming no redemptions by Lionheart's public stockholders (noting that recent SPAC transactions have been characterized by high redemption rates). The combined entity is expected to commence trading on Nasdaq in Q4 2022
"The world is demanding greater transparency, efficiency, and resilience. There is a critical call to action by the global market to do things better. This is a challenge loaded with exciting possibilities that Security Matters is ready to accept by creating products that can help uphold supply-chain integrity, provide quality assurance and brand accountability to producers of goods. With this merger, we have entered a new chapter to boost our capacity to power and enable the circular economy" said SMX.
Additional information about the merger and proposed transaction will be provided in a current report on form 8-K to be filed by Lionheart with the Securities and Exchange Commission and available at www.sec.gov as well as online at Iheartcapital.com. SMX expects the filing of the F4 within weeks.
Power and Enable Circular Economy
SMX is an enabler for a real-world circular economy that works by giving materials a memory of their origination and history, that facilitates the materials' ability to be recycled, reused, and authenticated multiple times.
SMX is a company for the 21st century, enabling a transition to a circular economy that is positive, productive, and profitable for participants in the value chain – and the planet.
Through the company's white-label B2B offerings, the future of a sustainable world is able to be created by narratives that connect tangible, sustainable, ESG practices with the brand's transparent traceability strategy, designed to create a profitable lifetime relationship with its customers that is circular rather than linear or transactional.
The System Within
SMX creates a sustainable system within the current value chain system, designed to empower businesses to build a real-world circular economy.
Advancing four key benefits including enhanced data flow and circularity, with exciting knowledge-gathering potential; multiple-stages and multiple-loops traceability; and multiple application possibilities, the SMX system can help change the way businesses operate from the inside out to transform into sustainable ecosystems.
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SOURCE Security Matters Ltd. | https://www.wibw.com/prnewswire/2022/07/26/security-matters-announces-business-combination-with-lionheart-iii-corp-expecting-valuation-us360-million-nasdaq-listing/ | 2022-07-26T07:27:59Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cerence Inc. ("Cerence" or the "Company") (NASDAQ: CRNC). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Cerence and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On February 7, 2022, Cerence issued a press release announcing its financial results for the first quarter of fiscal year 2022. Among other items, Cerence reported revenue of $94.4 million, falling short of consensus estimates by approximately $700,000. Separately, Cerence announced the retirement of Company Chief Financial Officer Mark Gallenberger, effective March 11, 2022.
On this news, Cerence's stock price fell $19.97 per share, or 31.41%, to close at $43.61 per share on February 7, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/04/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-cerence-inc-crnc/ | 2022-04-12T01:15:06Z |
NEWPORT BEACH, Calif., Aug. 17, 2022 /PRNewswire/ -- AiViva Biopharma, a clinical stage biopharmaceutical company has received patent US 11,400,089 on August 2, 2022. This patent is a method of use patent for sGC stimulator and multikinase inhibitors to prevent and/or treat fibrosis (thickening or scarring of tissue) associated with reproductive or digestive tract diseases. Fibrosis is involved in the pathogenesis of a number of diseases and/or disorders affecting the reproductive and digestive tracts in humans.
This patent adds to AiViva's 22 approved patents in the US, Canada, China, Japan, Korea, Australia, and Taiwan. To date, AiViva has filed over 63 patent applications worldwide.
"With these patents and proof of concept studies, it continues to secure our corporate position and development strategy to develop focal therapies for many diseases of significant unmet medical needs." said Diane Tang-Liu, PhD, CEO, President & Co-Founder.
About AiViva Biopharma
Please follow us at www.aiviva.com AiViva is a clinical stage biopharmaceutical company founded in 2015, with headquarters in Newport Beach, CA. AiViva is developing new therapeutics using innovative approaches, with proprietary technologies, including JELTM to address high unmet medical needs through focal therapies that target diseases of neovascularization, abnormal cell proliferation, and fibrosis.
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SOURCE AiViva Biopharma | https://www.mysuncoast.com/prnewswire/2022/08/17/aiviva-biopharma-receives-new-patent/ | 2022-08-17T15:17:43Z |
White will join Carson's executive leadership team and fill a seat on Carson's Board
OMAHA, Neb., April 5, 2022 /PRNewswire/ -- Carson Group, one of the fastest-growing financial services firms in the country, has hired Burt White as Managing Partner and Chief Strategy Officer. White will join Carson's Executive Board, helping steer the company's strategic focus alongside CEO Ron Carson, Co-Presidents Teri Shepherd and Aaron Schaben, Managing Partner Jamie Hopkins and CFO Nick Engelbart.
A prominent voice and advocate for the independent advisor, White joins Carson Group after serving as Managing Director and Chief Investment Officer at LPL Financial for the past 14 years. His primary focus as Carson's Chief Strategy Officer will be to augment and elevate the firm's strategic opportunities for growth across the entire spectrum of corporate and investment strategy. Harnessing the power of Carson's experienced investment team, White will advance the firm's ability to deliver an unparalleled wealth management experience for partner firms, transform Carson's investment platform for scale, and advance the company's digital client experience to redefine how the industry shows and talks about wealth.
"What excites me the most about Carson is the opportunity we can seize and the impact we can have," said White. "I have said many times that the world's greatest new superpower is its adaptability, and I haven't seen a company rivaling Carson as more equipped to innovate, pioneer and deliver forward-thinking industry thought-leadership at such a rapid pace. We have an immense opportunity to elevate our industry-leading wealth management offering and heighten the Carson brand and platform into a place where top advisors come to listen, learn and partner."
White's passion for making a meaningful impact in the lives of clients and advisors, combined with his unique talent for client storytelling, will add a valuable component to helping Carson's advisors best serve their clients and generate new business. His role will also include working with Carson's investment team to build and deliver an entire investment ecosystem that drives growth for the firm's 120 partners who collectively manage $20 billion in assets.
"I've known Burt for 14 years; he not only understands where the profession is but where it needs to go," said founder and CEO Ron Carson. "We're extremely intentional about the people we add to our leadership team, and I am incredibly excited about what Burt brings to the table as a human, friend and visionary of our profession."
Carson added, "When we look at how to lead the way in our profession in helping people find their freedom, we know we need to add leaders who share our excitement. Anyone who has spent time with Burt knows the most important thing to him is the relationships he has with advisors and their clients. That mentality and belief system couldn't be more aligned with where we are headed, and we feel very fortunate to have him a part of this growing movement."
White continues to reside in the Charlotte, North Carolina, metro area with his family.
About Carson Group
Founded in 1983 by Ron Carson and headquartered in Omaha, Nebraska, Carson Group serves financial advisors and investors through its three businesses – Carson Wealth, Carson Coaching, and Carson Partners. Carson Group has created an ecosystem dedicated to helping financial advisors unleash the full potential of their firms by providing marketing, compliance, technology, investment strategies, succession planning, M&A support, and coaching. The company currently manages $20 billion in assets and serves more than 40,000 families among its advisor network of 120 partner offices, including 35 Carson Wealth locations. For more information, visit www.carsongroup.com.
Carson Partners offers investment advisory services through CWM, LLC, an SEC Registered Investment Advisor. Carson Coaching and CWM, LLC are separate but affiliated companies and wholly-owned subsidiaries of Carson Group Holdings, LLC. Carson Coaching does not provide advisory services.
Press Contacts:
Carson Group
Megan Belt
531.213.2539
meganbelt@carsongroup.com
JConnelly
Lisa Aldape
973.525.6550
laldape@jconnelly.com
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SOURCE Carson Group | https://www.wibw.com/prnewswire/2022/04/05/carson-group-hires-burt-white-managing-partner-chief-strategy-officer/ | 2022-04-05T15:33:05Z |
HELSINKI, May 19, 2022 /PRNewswire/ -- Ahlstrom-Munksjö has pledged to create sustainable, fiber-based solutions. PurposeSeal™ is pushing the boundaries of fiber-based end-use applications.
PurposeSeal™ is a heat-sealed paper carefully constructed to ensure quality and protection for end-use packaging solutions. It boasts additional sustainability benefits when applied to Cristal™ Transparent Packaging Papers or trulyNatural™ unbleached papers.
Ahlstrom-Munksjö recently received recyclability certification for the Cristal™ transparent paper product family, including PurposeSeal™ technology. These products have passed the SBS Equivalency (WMU SBS-E) testing protocol certifying these innovative papers recyclable from Western Michigan University. Additionally, Cristal™ and PurposeSeal™ have obtained 3rd party certification from Centre technique du papier, certifying Cristal™ heal seal coating is recyclable to the European Union's EN13430 standards.
"PurposeSeal™ is changing the way our customers can create sustainable packaging solutions," said Zack Leimkuehler, Vice President of Ahlstrom-Munksjö's Technical Solutions business. "Excess waste and chemicals are removed from the converting process, as the strong seal is achieved using only heat."
"PurposeSeal™ is completely customizable," said Dana DeCoster, Marketing Manager of Ahlstrom-Munksjö's Technical Solutions business. "It can be combined with other technologies such as color, transparency, water resistance, and high stretch, along with other attributes to fit any requests your customers may come to you with."
While consumers continue to demand products with a positive end-of-life story, PurposeSeal™ can be a sustainable alternative to traditional film-based packaging. PurposeSeal™ is versatile enough to work in a variety of applications including, but not limited to, flexible packaging, insulated packaging, pouches and garment bags/wraps.
For more information on PurposeSeal™ technology and its applications, visit: Ahlstrom-Munksjö - PurposeSeal™ Heat Seal Technology (ahlstrom-munksjo.com)
For more information on our 'From Plastic to Purpose' campaign, visit: Ahlstrom-Munksjö - ƒrom Plastic to Purpose (ahlstrom-munksjo.com)
For more details, please contact:
Addie Teeters, Head of Marketing Communications & Public Affairs, Food Packaging & Technical Solutions Business Area, addie.teeters@ahlstrom-munksjö.com, +1 920 766 8304 or +1 920 202 4455
This information was brought to you by Cision http://news.cision.com
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SOURCE Ahlstrom-Munksjö | https://www.wibw.com/prnewswire/2022/05/19/ahlstrom-munksj-launches-purposeseal-heat-seal-technology/ | 2022-05-19T12:55:22Z |
Postal worker saves woman allegedly attacked by her boyfriend
TORRINGTON, Conn. (WFSB) - A postal worker went from mail carrier to potential life saver when she sprang into action to help a woman who was being beaten up.
Christine Cambizaca is a mail carrier in Torrington, Connecticut. She was doing her job Tuesday on Blinkoff Court when a woman ran up to her, WFSB reports.
“I knew something was wrong,” Cambizaca said. “She was very bruised. She was bleeding.”
The woman had been beaten in a park nearby. Then, she sprinted over to Blinkoff Court, saw Cambizaca in her mail truck and begged her for help.
“She wanted me to help, basically call 911,” the mail carrier said.
Cambizaca called 911 then let the woman in her mail truck and locked it. That was crucial because then, the man accused of beating the woman showed up.
Cambizaca says the man claimed to be the victim’s boyfriend and was carrying a knife.
“Her boyfriend was abusive to her, abusing her in that moment,” the mail carrier said.
Police arrived five minutes later. They handcuffed the man, identified as 20-year-old Jackson Morgan, and found a knife at the scene. The female victim was put in an ambulance.
“If she didn’t seek help, it could’ve been worse and who knows what would’ve happened,” Cambizaca said. “I felt I did the right thing because it could’ve been anyone’s sister, anyone’s daughter.”
Cambizaca’s boss is calling her a hero.
“The courage that she showed and the compassion for one of our citizens in Torrington, we’re super proud of her,” he said.
Morgan is now facing six charges, including assault, strangulation and threatening. He’s still in jail with his bail set at $5,000.
Copyright 2022 WFSB via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/28/postal-worker-saves-woman-allegedly-attacked-by-her-boyfriend/ | 2022-08-28T08:17:48Z |
A Newly Established Utility Strategic Advisory Board, Comprised of Senior Utility Executives, Will Help Identify and Prioritize Platform Initiatives
WOODLAND PARK, N.J., May 19, 2022 /PRNewswire/ -- Anterix (NASDAQ: ATEX) today announced the launch of an integrated platform to accelerate the scale benefits of a "network" of individual private broadband networks. At the center of this integrated platform will be a cloud-based 4G/5G core, enabling greater resilience and enhanced services between participating networks, including mutual aid, cybersecurity, shared infrastructure, and integration of distributed energy sources. The platform will also offer a development and innovation environment for the more than seventy-five leading technology companies in the Anterix Active Ecosystem, to drive products and services directly to utility network operators. A newly formed Utility Strategic Advisory Board (USAB), made up of senior utility executives, will help identify industry priorities and bring the benefits of collective action.
The initial platform initiatives will include:
- Deployment of a 4G/5G cloud core to extend the capabilities of utilities own private broadband networks by bringing solutions such as private roaming to enable mutual aid, private to public roaming for increased resiliency and failover, and spectrum coordination.
- Development of an enhanced multiband communications module to enable numerous members of our Active Ecosystem Program to provide lower cost and higher functionality products.
- Integration of leading cybersecurity offerings to further enhance the existing private broadband security capabilities.
- Launch of a connected lab environment, supported by utilities and vendors, which will provide collective utility-grade device testing and accelerate the integration of utility solutions.
- Delivery of a public network roaming management solution that will make utility connectivity and management of devices simple, secure and flexible.
The initial Utility Strategic Advisory Board members that will play the lead role as the architects and the facilitators of this future are senior executives from Ameren, Dominion, Evergy, Exelon, Southern Linc, and the Utility Broadband Alliance. Whether it be the macro issues of resiliency, cybersecurity and decarbonization, or the sharing of infrastructure, talent, knowledge, and technology, the recognition that this "network" of individual networks can drive enhanced innovation and value to each utility and Anterix Active Ecosystem member is the goal of this effort.
"While the core of our offering remains focused on providing the spectrum needed to enable utility private broadband networks, this transition to a broader suite of solutions is in response to our customers' needs. The premise of this effort is that we all are stronger together. This platform capitalizes on the utility industry's well-established culture of collaboration, providing our more than seventy-five Active Ecosystem members with the collective voice of their utility customers. As the USAB identifies the industry's needs, Anterix and the Active Ecosystem community are there to deliver," said Rob Schwartz, President & CEO of Anterix.
Ameren quote: "Ameren sees tremendous value for our customers in collaborating with others in the industry to drive innovation and scale in 900 MHz private LTE," said Bhavani Amirthalingam, Chief Digital Information Officer for Ameren. "When we work together, it will benefit individual companies and the sector as a whole. This includes enabling distributed energy through a smarter grid, including leading cyber capabilities, and creatively accessing talented resources."
Dominion Quote: "It's always beneficial to work with other utilities to address matters of industry-wide importance, and the adoption of private broadband and the solutions it can fuel is a great fit to apply this collaboration," said Dominion Energy's Steve Wooten, Vice President & Chief Information Officer. "Through the new Utility Strategic Advisory Board, we will help support a vibrant ecosystem of utility-centric innovations and solutions that are valuable to each utility individually and to the broader utility community as a collective."
Evergy quote: "The electric utility industry is known for its collaborative spirit, and adding a solutions platform informed by utility executives is a natural fit for that inclination," said Charles King, Chief Technology Officer of Evergy. "When our 900 MHz private LTE network is deployed, we clearly will benefit from working with other utilities, including our neighbor Ameren, where we share 25 counties, to identify and prioritize issues that will impact all of us."
Southern Linc quote: "We are ready to share the knowledge and experience we have gained operating a utility-focused private LTE network over the last several years. In the spirit of the industry's commitment to mutual aid, we look forward to working with Anterix and the utilities and technology developers they have gathered. We believe this integrated approach will drive benefits throughout the utility ecosystem," said Tami M. Barron, Southern Linc CEO.
About Anterix
At Anterix, we are focused on delivering transformative private broadband that enables the modernization of critical infrastructure for the energy, transportation, logistics and other sectors of our economy. As the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Hawaii, Alaska, and Puerto Rico, we are uniquely positioned to enable the private LTE solutions that support secure, sustainable, resilient and customer-controlled operations. www.anterix.com
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts constitute forward-looking statements as defined under the Federal securities laws. These forward-looking statements include statements regarding the potential use cases and benefits to utilities of deploying private 900 MHz LTE broadband networks. Any such forward-looking statements are based on Anterix's current expectations and are subject to a number of risks and uncertainties that could cause its actual future results to differ materially from its current expectations or those implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: (i) Anterix may not be successful in commercializing its spectrum assets to its targeted utility and critical infrastructure customers, on a timely basis and on favorable terms; (ii) Anterix may be unable to secure broadband licenses from the FCC on a timely and cost-effective basis; and (iii) the value of Anterix's spectrum assets may fluctuate significantly based on supply and demand, as well as technical and regulatory changes. These and other risk factors that may affect Anterix's future results of operations are identified and described in more detail in its filings with the SEC, including its Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2021, filed with the SEC on February 3, 2022. Accordingly, you should not rely upon forward-looking statements as predictions of future events or results. Except as required by applicable law, Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained in this press release, whether as a result of any new information, changed circumstances or otherwise.
Contacts
Anterix
Natasha Vecchiarelli
Vice President, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com
James Fuller
Executive Vice President
Hill+Knowlton Strategies
240-393-1369
James.Fuller@hkstrategies.com
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SOURCE Anterix Inc. | https://www.mysuncoast.com/prnewswire/2022/05/19/anterix-announces-launch-new-integrated-platform-drive-industrywide-900-mhz-private-broadband-innovation-solutions/ | 2022-05-19T12:28:36Z |
Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming new McDonald’s.
It was the first American fast-food restaurant to enter the Soviet Union, reflecting the new political openness of the era. For Vlad Vexler, who as a 9-year-old waited in a two-hour line to enter the restaurant near Moscow’s Pushkin Square on its opening day in January 1990, it was a gateway to the utopia he imagined the West to be.
“We thought that life there was magical and there were no problems,” said Vexler, a political philosopher and author who now lives in London.
So it was all the more poignant for Vexler when McDonald’s announced Mondayit will sell its 850 Russian storesand exit the market in response to Russia’s invasion of Ukraine. McDonald’s said it’s the first time in the company’s history that it has left a major market.
“The symbolism of McDonald’s leaving, for me, is really about Russia turning into a direction that is a dead end, a direction that won’t offer anything to Russia and won’t allow Russia to offer anything to the world,” Vexler said.
McDonald’s said it will look for a buyer who will employ its 62,000 Russian workers, and will continue to pay them until a sale is finalized.
McDonald’s entry into the Soviet Union began with a chance meeting. In 1976, McDonald’s loaned some buses to organizers of the 1980 Moscow Olympics who were touring Olympic venues in Montreal, Canada. George Cohon, then the head of McDonald’s in Canada, took the visitors to McDonald’s as part of the tour. That same night, the group began discussing ways to open a McDonald’s in the Soviet Union.
Fourteen years later, after Soviet laws loosened and McDonald’s built relationships with local farmers, the first McDonald’s opened in downtown Moscow. It was a sensation.
On its opening day, the restaurant’s 27 cash registers rang up 30,000 meals. Vexler and his grandmother waited in a line with thousands of others to enter the 700-seat store, entertained by traditional Russian musicians and costumed characters like Mickey Mouse.
“The feeling was, ‘Let’s go and see how Westerners do things better. Let’s go and see what a healthy society has to offer,’” Vexler said.
Vexler saved money for weeks to buy his first McDonald’s meal: a cheeseburger, fries and a Coca-Cola. The food had a “plasticky goodness” he had never experienced before, he said.
Karl Qualls, a history professor at Dickinson College in Carlisle, Pennsylvania, was a student in Moscow shortly after the first McDonald’s opened and used to marvel at the long lines outside.
“It would cost a day’s wages for an average Russian citizen to have a big meal like that. It was a prestige destination,” he said.
Qualls said McDonald’s also helped raise standards for service __ which was notoriously surly __ and food quality in the Soviet Union. McDonald’s set up its own farms and food production facilities and trained staff to smile and welcome guests.
“It was a real transformation,” he said. “It had a reach that’s far beyond the 850 stores that they have today.”
McDonald’s entry into the Soviet Union was so groundbreaking it gave rise to a political theory. The Golden Arches Theory holds that two countries that both have McDonald’s in them won’t go to war, because the presence of a McDonald’s is an indicator of the countries’ level of inter-dependence and their alignment with U.S. laws, said Bernd Kaussler, a political science professor at James Madison University in Harrisonburg, Virginia.
That theory held until 2014, when Russia annexed Crimea, Kaussler said.
Now, those arches are coming down in Russia. McDonald’s said it’s removing signage and won’t allow the potential buyer to serve its menu. McDonald’s said it will keep its trademarks in Russia and will take steps to enforce them if necessary.
Vexler said many Russians __ fed by government propaganda __ believe Western companies won’t really leave, or will reopen as soon as there’s a ceasefire. It will take some time, he says, for the realization of Russia’s isolation to sink in.
“At the moment, there is a lot of denial. And a feeling of helplessness, that if one were to oppose the war, there is nowhere constructive to take that opinion,” he said.
Still, Vexler says he is optimistic that younger Russians won’t accept isolation from the West and its economic consequences.
In a letter to employees Monday, McDonald’s President and CEO Chris Kempczinski left open the possibility that McDonald’s might be back someday.
“It’s impossible to predict what the future may hold, but I choose to end my message with the same spirit that brought McDonald’s to Russia in the first place: hope,” he said. “Thus, let us not end by saying, ‘Goodbye.’ Instead, let us say as they do in Russian: Until we meet again.” | https://cw33.com/business/ap-business/once-a-powerful-symbol-in-russia-mcdonalds-withdraws-2/ | 2022-05-17T14:25:38Z |
CHINO HILLS, Calif., June 9, 2022 /PRNewswire/ -- California Regional Multiple Listing Service (CRMLS), the nation's largest MLS, and Perchwell, the company behind the premier data and workflow technology platform in residential real estate, have completed an agreement to bring Perchwell's flagship MLS platform (which includes both a front-end and back-end system) to CRMLS users, targeting a launch by the first quarter of 2023.
The Perchwell platform simplifies day-to-day MLS workflows for real estate professionals. Perchwell also supports interoperability and integration among other industry technology products through its API. In contrast to the industry's legacy offerings, Perchwell is an end-to-end workflow solution with web and mobile apps powering agents' core workflows, including listing syndication, searching, analyzing the market, and collaborating with clients.
Among Perchwell's standout features is the user's experience from the moment they sign in. Perchwell presents users with listing results on the first screen, helping them filter their searches without needing to arrange their search criteria to fit fields first.
"Perchwell reimagines the user experience from the start." said CRMLS CEO Art Carter. "When they log into Perchwell, they see results first and filter second."
Perchwell first launched in New York City, quickly becoming the technology platform of choice among the city's top local and national brokerages. The Real Estate Board of New York (REBNY) selected Perchwell as the software platform powering its Residential Listing Service, the de facto MLS in NYC. Perchwell has powered REBNY's Residential Listing Service since 2020.
"We are excited to take such an important step in meeting the significant demand for Perchwell that we're hearing from agents across the country," said Brendan Fairbanks, Perchwell's founder and CEO. " Working with CRMLS does more than just grow our reach. It helps us prove how valuable our platform is to like-minded members of the residential real estate industry."
CRMLS invested in Perchwell through Venture MLS, the first venture capital fund created by a multiple listing service, in December 2021. Because of the equity stake Venture MLS holds in Perchwell, CRMLS can bring the Perchwell platform to real estate professionals in California with an eye toward building a broader partnership.
"Real estate professionals at every level are demanding improvements to MLS technology. Now that we can work with technology providers through Venture MLS, we are more than just clients. We are giving brokers a seat at the table where stakeholders make decisions about this industry's future." said Carter.
"When we launch the revolutionary Perchwell product, we will have the first proof that Venture MLS investments benefit our users directly."
About California Regional Multiple Listing Service (CRMLS)
California Regional MLS is the nation's largest and most recognized subscriber-based MLS, dedicated to servicing more than 110,000 real estate professionals from 41 Associations, Boards, and MLS organizations. CRMLS is the industry powerhouse and thrives on providing the most relevant products and services to its subscribers. For more information on CRMLS, visit www.crmls.org.
About Perchwell
Perchwell is the premier data and workflow technology platform for the residential real estate industry. Perchwell's product offering includes a suite of data management, market research, and client collaboration tools for MLSs, brokers, and agents. For more information, please visit https://www.perchwell.com.
CONTACT: Art@CRMLS.com
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SOURCE California Regional MLS | https://www.wibw.com/prnewswire/2022/06/09/crmls-completes-agreement-launch-perchwells-flagship-mls-platform-by-q1-2023/ | 2022-06-09T18:16:50Z |
NEW YORK, June 21, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Tupperware Brands Corporation (NYSE: TUP) alleging that the Company violated federal securities laws.
Class Period: November 3, 2021 to May 3, 2022
Lead Plaintiff Deadline: August 15, 2022
No obligation or cost to you.
Learn more about your recoverable losses in TUP:
https://www.kleinstocklaw.com/pslra-1/tupperware-brands-corporation-loss-submission-form-2?id=28814&from=4
Tupperware Brands Corporation NEWS - TUP NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Tupperware Brands Corporation made materially false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Tupperware you have until August 15, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Tupperware securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the TUP lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/tupperware-brands-corporation-loss-submission-form-2?id=28814&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/21/tup-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-15-2022-class-action-filed-behalf-tupperware-brands-corporation-shareholders/ | 2022-06-21T10:15:06Z |
Two teenagers have been indicted for the alleged murder of an 11-year-old girl in the Bronx, according to an indictment unsealed Friday.
The two teens, Omar Bojang, 18, and a 15-year-old, were arraigned Friday before Bronx Supreme Court Justice Naita Semaj-Williams. They were charged with second-degree murder, first-degree manslaughter, attempted murder, and attempted assault in the first degree, the indictment showed.
The 15-year-old, the indictment continued, was also charged with two counts of second-degree criminal possession of a weapon, according to court documents.
Kyhara Tay, 11, was shot by the stray bullet allegedly fired by the 15-year-old as he and Bojang allegedly attempted to murder a 13-year-old boy May 16.
The two rode a moped, with Bojang driving and the 15-year-old sitting in the rear with the firearm, according to prosecutors. After allegedly firing several shots that missed their intended target, the stray bullet fatally struck Tay, as she stood outside a nail salon in the afternoon, according to the indictment.
"This case is a nothing less than a catastrophe of our young people," Bronx District Attorney Darcel Clark said in a news release.
"These ages make you weep. As I keep saying, we are losing a generation in the Bronx and we must act now to save our young people," his statement continued.
"It's a shame he has to go through this," said Walter Levi Fields, a private attorney who represents the 15-year-old, of his client.
"We know that anybody and anything can be indicted in the State of New York," Fields continued. "I think when the findings come out in a proper trial, he'll be found not guilty."
Arnold Levine, the Legal Aid Society attorney who represents Bojang, could not be reached for comment.
Remand was continued, and the two teenagers are slated to next appear in court August 17, the release stated.
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accounts, the history behind an article. | https://www.albanyherald.com/news/2-teenagers-indicted-for-alleged-murder-of-11-year-old-girl-in-bronx-shooting-indictment/article_3aac4046-25d2-50a4-8150-c2d9cea9c8ca.html | 2022-06-04T01:35:29Z |
NEW YORK, May 25, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Okta, Inc. (NASDAQ: OKTA) between March 5, 2021 and March 22, 2022, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2022.
SO WHAT: If you purchased Okta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Okta class action, go to https://rosenlegal.com/submit-form/?case_id=6365 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Okta had inadequate cybersecurity controls; (2) as a result, Okta's systems were vulnerable to data breaches; (3) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (4) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (5) all the foregoing, once revealed, was likely to have a material negative impact on Okta's business, financial condition, and reputation; and (6) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Okta class action, go to https://rosenlegal.com/submit-form/?case_id=6365 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/05/26/okta-investor-notice-rosen-top-ranked-law-firm-encourages-okta-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-okta/ | 2022-05-26T07:52:04Z |
There is little debate that the sandwich is the mainstay of most kids’ lunches; two slices of bread with anything they might consume layered in between.
Wraps, however, have also taken their place in the pantheon of sandwich possibilities, and sometimes the mere novelty of a rolled-up sandwich instead of a square one might entice a kid to try something different inside it.
At the very least, it might make an old favorite new again.
You can leave wraps whole, in one big tube-like piece, slice them in half on the diagonal, or slice them into several 1- to 2-inch pieces. The smaller pieces make great snacks, too.
Plain old flour tortillas are fine, or look for packages labeled “wraps,” which are often thinner and more pliable (e.g. less apt to crack). Changing up the wraps — spinach, sundried tomato basil, garlic herb, jalapeno cheese, garden vegetable, whole grain, white – allows you to create different and attractive sandwiches every day of the week. There are gluten-free wraps as well.
Talk about a great way to get kids engaged in thinking about new things to eat for lunch. Lay a wrap on the table, open the fridge door and let them get creative.
What goes inside
1) Once you’ve chosen the wrapper, pick a spread or condiment that will go with your main filling. Mayo, mustards, chutneys, relishes or jams, hummus, barbecue sauce, hoisin sauce, plain Greek yogurt, salsa, pestos of all flavors — maybe there’s even a leftover dip or crostini spread lurking in the fridge that holds appeal.
2) Get creative with fillings including sliced meats (turkey, ham, salami, soppressata, prosciutto, buffalo chicken, etc.), cheeses (cheddar, provolone, American, Monterey Jack, Pepper Jack, brie, etc.), smoked salmon, refried or cooked beans, or tuna fish. Any leftovers are fair game: steak, chicken, pork, fish, shrimp, tofu — whatever you have that can be sliced or chopped into a rollable sandwich filling.
3) The extras: shredded lettuce or cabbage, chopped tomatoes, sliced olives and pickles, jalapeños, fresh herbs, slivered onions or bell peppers, roasted peppers, avocado, sprouts, thinly sliced cucumbers, mushrooms.
In some cases, fruit is also welcome, such as thinly sliced or chopped apples or pears, or maybe some chopped dried fruit. Shelled sunflower seeds, pumpkin seeds, nuts and granola can add some crunch. (Pay attention to school rules about allergens.)
Don’t forget salt and pepper, if appropriate, or another seasoning.
Wrap technique
Don’t overfill your wrap or it won’t close. Just layer up everything on about ¾ of the wrap, leaving 1/4 empty, and also leave a little space around the edges for things to squish into when you roll it up.
On the edge of the ¼ area with no filling, put a smear of condiment, like mustard or mayo, and then as you start rolling, begin with the filled side closest to you, rolling towards the empty edge.
The filling will slide into the empty space a bit, ideally leaving you with enough room so the condiment at the edge will help seal up the wrap as you finish rolling.
One to try
Ingredients
Finally, a “recipe” for maple turkey and bacon wrap to get you rolling!
2 10-inch wraps or tortillas
4 to 6 thin slices honey maple turkey
2 slices cooked bacon
4 slices avocado (optional)
2 slices Swiss or Cheddar cheese
2 large leaves romaine lettuce, ripped into pieces
Honey mustard
Instructions
Place the tortillas on the counter.
Layer half the turkey over each tortilla, leaving about ¼ of the tortilla on the side farthest away from you empty.Place the bacon and avocado slices (if using) across the turkey, parallel to the empty quarter of the tortilla, and place the slice of cheese on top. Cover the cheese with the lettuce. Drizzle a bit of honey mustard, and put a smear of it on the empty section of the tortilla, right at the edge. Starting with the edge of the tortilla closest to you, roll up the wrap, using the honey mustard to seal it. Cut in half or as desired. | https://www.tdtnews.com/life/food/article_3b0cea7a-285f-11ed-97b6-5f8f0733b3cf.html | 2022-08-31T09:04:09Z |
CHICAGO — A group of undocumented individuals from Texas arrived at Union Station Wednesday night, according to Gov. Greg Abbott. The governor, citing the Biden administration and Chicago’s sanctuary city status, said that the city will now be a drop-off location.
In April, Gov. Abbott directed the Texas Division of Emergency Management to charter buses to transport undocumented individuals from Texas to Washington D.C. Earlier in August, he directed that New York City be added as a second drop-off location.
According to the governor’s office, thousands of undocumented individuals have been transported to D.C. and New York City, providing “much-needed relief to Texas’ overwhelmed border communities.”
Abbott cited Chicago’s “Welcoming City Ordinance” as a reason why he selected it as the state’s third drop-off location.
Mayor Lightfoot’s office released a statement Wednesday night saying they received approximately 60 migrants and called his actions “racist practices.”
Abbott’s full statement is below.
“President Biden’s inaction at our southern border continues putting the lives of Texans—and Americans—at risk and is overwhelming our communities,” said Governor Abbott. “To continue providing much-needed relief to our small, overrun border towns, Chicago will join fellow sanctuary cities Washington, D.C. and New York City as an additional drop-off location. Mayor Lightfoot loves to tout the responsibility of her city to welcome all regardless of legal status, and I look forward to seeing this responsibility in action as these migrants receive resources from a sanctuary city with the capacity to serve them.”
Mayor Lightfoot’s office’s statement is below.
Today, the City of Chicago received confirmation that approximately 60 migrants were traveling to Chicago by way of Texas. Chicago is a welcoming city and as such has collaborated across various departments and agencies to ensure we greeted them with dignity and respect. We understand that many are fleeing violent, traumatic, or otherwise unstable environments. We will respond with essential services while these individuals navigate the next steps of their journey and our community partners have been working diligently to provide a safety net.
As a city, we are doing everything we can to ensure these immigrants and their families can receive shelter, food, and most importantly protection. This is not new; Chicago welcomes hundreds of migrants every year to our city and provides much-needed assistance. Unfortunately, Texas Governor Greg Abbott is without any shame or humanity. But ever since he put these racist practices of expulsion in place, we have been working with our community partners to ready the city to receive these individuals.
We know that racism, discrimination, and human cruelty have played a pivotal role in how immigrants are received within our borders, and we are still working to recover from the previous presidential administration, which encouraged this behavior. This is such an important moment for Chicago as a city has been a sanctuary for thousands of newcomers. We are welcoming them and will not turn our backs on those who need our help the most.” | https://cw33.com/news/texas/texas-governor-sends-first-bus-of-undocumented-individuals-to-chicago/ | 2022-09-01T16:12:54Z |
User-friendly design to increase participant engagement
SAN FRANCISCO, July 19, 2022 /PRNewswire/ -- Curebase, a company committed to democratizing access to clinical studies, today announced an upgraded universal mobile app for trial participants that makes participating in clinical studies more convenient by enabling push notifications, among other features. The app, available on Apple's App Store and Google Play, is intended to be a flexible option to enable patient choice for participation across studies.
Curebase will use this feature to give patients flexibility in how to engage in any trial. Such a feature allows patients the option to participate through web and/or app-based experiences in a seamless manner depending on the situation and patient's decision.
"We've learned that patients want choice. Patients can enjoy the convenience of an app-based experience with push-notifications, while also having the ability to receive SMS/email reminders and enter data on any other device through the web-app as well." said Curebase founder and CEO Tom Lemberg. "If patients choose to opt for an app on their device(s), they can feel comforted knowing that they can pick up where they left off via the web-app if they lose their phone, are away from their device, or using public internet access."
Push notifications are designed to remind patients to fill out reports, join telemedicine visits, and complete other activities necessary to keep them adherent to trial requirements. They add a new option for patient notifications beyond the current SMS and email reminders. Finally, the ability to simultaneously use both the universal app and web-app, allows patients choice in not being tethered to any particular device through the course of their study experience.
By providing a downloadable mobile app that pushes notifications to trial participants and allows them to easily log in to a study site and enter data, thus avoiding the extra steps involved in accessing the trial website through a mobile browser, Curebase makes it easier for patients in long-term trials to remain engaged.
"The biggest challenge facing long-term trials is participant engagement," said Curebase VP of Innovation Jane Myles. "The clinical trial industry is learning that adherence is directly tied to the participant experience. Curebase's user-friendly mobile app will help keep trial participants engaged for the duration of the study."
Curebase's decentralized clinical trial (DCT) model ensures more diverse studies because unique populations – which typically are underrepresented in clinical trials – can be included. The company's virtual research sites also provide physicians with new and unique options to offer their patients, regardless of location.
About Curebase
At Curebase, our mission is to bring quality medical innovations to patients faster and improve human wellbeing through more efficient clinical studies. We are proving that clinical research can be radically accelerated if we empower physicians everywhere to enroll patients in the communities where they live. By applying cutting edge clinical software and remote study management techniques to the problem, we are reinventing clinical trials and research from the ground up. For more information, please visit www.curebase.com.
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SOURCE Curebase | https://www.kxii.com/prnewswire/2022/07/19/curebase-releases-enhanced-patient-app-add-on-option-all-studies-universally-better-patient-participation-choice/ | 2022-07-19T15:11:28Z |
As the majority investor in a new fiber-to-the-premises Internet provider, Oak Hill will partner with Omni Fiber to accelerate the deployment of fiber-based broadband networks in the Midwest.
CINCINNATI and MENLO PARK, Calif., July 22, 2022 /PRNewswire/ -- Oak Hill Capital ("Oak Hill") today announced that it formed a new fiber-to-the-premises (FTTP) provider, Omni Fiber ("Omni" or the "Company"), to bring to market a new option for high-speed Internet service in small and mid-sized markets in the Midwest that have historically been underserved by the large phone and cable companies.
Oak Hill's $250 million commitment to Omni Fiber out of its latest flagship fund, Oak Hill Capital Partners VI, will fund new network construction to bring state-of-the-art fiber Internet, TV, and phone services to homes and businesses in communities across the Midwest, with initial projects in the states of Ohio, Pennsylvania, and Michigan.
"We are thrilled to partner with Oak Hill and are excited to provide high-quality Internet access options to small and medium communities across the Midwest," said Darrick Zucco, Omni Fiber CEO. "Oak Hill's investment will spur our growth to help bridge the digital divide and establish competitive choice by providing hundreds of thousands of households access to our future-proof, 100% fiber-optic network. We look forward to establishing and maintaining excellent service quality as we support our new customers and communities for years to come."
Omni Fiber will offer affordable, symmetrical speeds of up to 2 Gbps to homes and businesses in small and mid-sized towns in the Midwest where current high-speed options are limited. Omni will deliver what customers expect from their Internet service provider: fast Internet speeds, reliability, complete in-home coverage, and best-in-class local customer service. Omni will not require contracts for residential customers and promises no hidden fees, no data caps, no installation fees, and a 30-day money-back guarantee. With Oak Hill's investment in the Company, Omni will not need to rely on grants or subsidies from federal, state, or local governments to build its network.
Oak Hill is an experienced investor in the FTTP space, and Omni Fiber's executive team has over 80 years of combined experience in building and growing fiber networks. Oak Hill's current broadband investments that enable increased fiber access across the U.S. include MetroNet, one of the nation's largest independently owned, 100 percent fiber optic network providers; Vexus Fiber, an expanding provider in Texas, New Mexico and Louisiana; GoNetspeed in the Northeast; Race Communications in California; and Greenlight Networks in upstate New York.
"We believe that reliable, high-speed access to the Internet represents a fundamental catalyst for economic growth and equal opportunity for all Americans, from small towns to big cities," said Scott Baker, Partner at Oak Hill. "We have enjoyed strong relationships with Omni's founding executive team – Darrick Zucco, Steve Gable, Brian Ross and Andres Tovar – for many years. We are excited to formally launch our new partnership with this outstanding team as the Company builds and introduces its fiber network across the Midwest."
About Oak Hill
Oak Hill is a longstanding private equity firm focused on the North America middle-market. Oak Hill applies a specialized, theme-based approach to investing in the following dedicated industry sectors: Media & Communications, Industrials, Services, and Consumer. The Firm implements a highly systematic approach to theme development, proactive origination, and value creation in partnership with management to build franchises of lasting value. Since 1986, Oak Hill and its predecessors have raised approximately $20 billion of initial capital commitments and co-investments, invested in approximately 100 companies, and completed more than 300 add-on acquisitions representing an aggregate enterprise value at acquisition of over $60 billion. For more information, please visit www.oakhill.com.
About Omni Fiber
Founded in 2022, Ohio-based Omni Fiber provides 100% fiber-optic broadband Internet, TV and phone services to residential and business customers in the Midwestern United States. Omni Fiber offers symmetrical speeds of up to 2 Gbps, no-hidden fees, no data caps, Premium Wi-Fi included, local customer service, and competitive pricing. For more information, please visit www.omnifiber.com.
Oak Hill Media Contact:
Dawn Dover
dawn.dover@kekstcnc.com
Omni Fiber Media Contact:
John Barnes
john.barnes@omnifiber.com
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SOURCE Oak Hill Capital Partners | https://www.mysuncoast.com/prnewswire/2022/07/22/oak-hill-commits-250m-omni-fiber-expand-broadband-access-underserved-towns-across-midwest/ | 2022-07-22T12:54:50Z |
A West Virginia man initially charged with assaulting a police officer who died after defending the U.S. Capitol from a mob pleaded guilty on Wednesday to misdemeanor offenses that could allow him to avoid more jail time. Another man accused of attacking the officer with bear spray is weighing a stricter plea deal that calls for a prison sentence exceeding six years.
A federal grand jury indicted George Pierre Tanios last year on felony charges that he conspired with a Pennsylvania man, Julian Elie Khater, to assault and injure Capitol Police Officer Brian Sicknick with chemical spray during the riot on Jan. 6, 2021.
Tanios, 40, pleaded guilty to two misdemeanors, each of which carries a maximum sentence of one year of imprisonment.
Tanios’ attorney, Elizabeth Gross, said in an emailed statement that the parties “worked diligently toward a fair and just resolution short of trial” and that the misdemeanors “better reflect the limited actions” of Tanios on Jan. 6.
Prosecutors also have extended an offer for Khater to plead guilty to felony assault charges. If he accepts the offer, estimated sentencing guidelines will recommend a prison term ranging from six years and six months to eight years and one month. Khater hasn’t decided whether to accept that plea offer, one of his lawyers said Wednesday during a virtual hearing.
The medical examiner’s office in Washington, D.C., determined in April 2021 that Sicknick, 42, suffered a stroke and died from natural causes.
U.S. District Judge Thomas Hogan is scheduled to sentence Tanios on Dec. 6. Hogan said the estimated sentencing guidelines for Tanios range from no jail time to six months of imprisonment for both counts. Tanios was jailed for about five months after his arrest and could get credit for time served.
Khater has remained jailed while awaiting a trial in October on felony charges, including assaulting a federal officer with a dangerous weapon. Prosecutors’ offer to Khater would require him to plead guilty to that charge. The offer expires on Aug. 17.
Tanios, of Morgantown, West Virginia, and Khater, of State College, Pennsylvania, weren’t charged in Sicknick’s death. But the case against them has been among the most prominent brought by the Justice Department, which is prosecuting hundreds of people for their conduct at the Capitol on Jan. 6.
Sicknick and other officers were standing guard behind metal bicycle racks as the mob of pro-Trump supporters stormed the Capitol. Prosecutors have said Khater sprayed Sicknick and other officers with bear spray after retrieving a canister from Tanios’ backpack.
Tanios’ attorneys have said he brought the chemical spray to Washington for self-defense at the “Stop the Steal” rally on Jan. 6. In a court filing last year, they said there was no evidence that Tanios and Khater planned to use the spray in “an ultra-coordinated attack” on police.
“Indeed, had Mr. Tanios been a violent member of a mob and a willing participant in a riot, he would have been running around spraying people himself. He never did because that was not the reason for his travel to Washington, D.C.,” they wrote.
Tanios pleaded guilty to two counts: entering and remaining in a restricted building or grounds and disorderly and disruptive conduct in a restricted building or grounds. Both are misdemeanors punishable by a maximum sentence of one year of imprisonment and a fine of up to $100,000.
Tanios isn’t accused of entering the Capitol on Jan. 6.
A trial for Khater is scheduled to start on Oct. 5.
Hogan had refused to free Tanios and Khater from jail before trial, calling them dangerous. The judge said Tanios “coordinated the direct assault” on Sicknick and two other officers.
“Mr. Khater did the spraying. Mr. Tanios did not, but he obviously worked with him on that despite (defense) counsel’s arguments,” Hogan said during a May 2021 hearing, according to a transcript.
But a federal appeals court ruled in August 2021 that Tanios could be released from pretrial detention. A three-judge panel concluded that Hogan erred in assessing the danger posed by Tanios, who didn’t have any felony convictions or ties to any extremist organizations.
Tanios operated a sandwich restaurant in Morgantown near West Virginia University’s campus. Khater told investigators that he drove from New Jersey to pick up Tanios in West Virginia before they traveled to Washington on the eve of the riot.
In a court filing last year, prosecutors said Tanios and Khater “carefully timed their assault on the officers to occur in tandem with an attack on the police barrier.”
“This allowed the defendants to assault the officers while they were distracted, maximizing their chances of landing chemical spray in their eyes and thus incapacitating them to the point where the police line would break,” they wrote.
More than 100 police officers were injured at the Capitol.
The medical examiner’s office concluded that a medical condition alone — not an injury — caused Sicknick’s death. U.S. Capitol Police said the medical examiner’s findings didn’t change the fact that Sicknick had died in the line of duty, “courageously defending Congress and the Capitol.”
“The attack on our officers, including Brian, was an attack on our democracy,” police officials said in a statement last year.
More than 840 people have been charged with federal crimes related to Jan. 6. Over 340 have pleaded guilty, mostly to misdemeanors, and over 200 have been sentenced. More than 260 people are charged with assaulting or impeding law enforcement during the riot, according to the Justice Department.
The longest prison sentence for a Capitol rioter so far is five years and three months. | https://cw33.com/news/politics/ap-politics/man-tied-to-officers-attack-pleads-guilty-to-lesser-charges/ | 2022-07-28T08:08:02Z |
Winner will receive a weekend trip with friends or family to noosa's home state of Colorado to celebrate permissible indulgences
BELLVUE, Colo., June 7, 2022 /PRNewswire/ -- noosa, the beloved Colorado-based whole milk yoghurt brand under the Sovos Brands portfolio, is breaking into the frozen dessert category for the first time ever with the launch of its brand-new line of noosa Frozen Yoghurt Gelato. Made with the same creamy whole milk yoghurt that noosa fans know and love, noosa Frozen Yoghurt Gelato is a lusciously smooth dessert that fans will want to indulge in time and time again. The artfully churned gelato is now in grocery freezers nationwide in four decadent flavor varieties: Strawberries & Cream, Chocolate Fudge, Sea Salt Caramel, and Honey Vanilla Bean. To celebrate the launch of this unparalleled dessert experience, noosa is excited to announce the noosa Gelato Ultimate Recess Sweepstakes.
With an ingredient profile that stands out among premium ice cream brands, noosa Frozen Yoghurt Gelato is made with the finest premium ingredients, such as whole milk yoghurt, real fruit, wildflower honey, and dark chocolate fudge, and contains probiotics with live and active cultures. noosa's Frozen Yoghurt Gelato offers a new choice in the frozen dessert aisle that fills the space between health-led products and true indulgence, making for the perfect permissible treat.
"noosa's full-on philosophy is all about pushing boundaries and never cutting corners, and this philosophy is at the core of our innovation. This vibrancy and unwillingness to compromise is exactly what led us to create this bold new product that offers a delicious yet feel good dessert experience," says Clint Mickel, General Manager at noosa yoghurt. "We thoughtfully entered the frozen aisle to fill the gap between indulgent ice cream offerings and more healthy frozen desserts that just don't hit the spot. noosa Frozen Yoghurt Gelato is made with only the finest ingredients and delivers both a satisfying and feel-good experience."
noosa's new Frozen Yoghurt Gelato is available in four decadent flavors, including:
- Strawberries & Cream: Smooth and creamy strawberry frozen yoghurt gelato with swirls and pieces of real strawberries, this sweet ripe flavor is a one-of-a-kind find.
- Chocolate Fudge: Decadent milk chocolate frozen yoghurt gelato full of dark chocolate chunks and swirls for next-level indulgence.
- Sea Salt Caramel: Lusciously smooth salted caramel frozen yoghurt gelato, full of caramel swirls, sea salt, and caramel chips for a decadent, delicious treat.
- Honey Vanilla Bean: With real vanilla bean specks and a ribbon of wildflower honey throughout, this creamy frozen treat is the perfect marriage of classic flavors and premium ingredients.
The noosa Gelato Ultimate Recess Sweepstakes will offer consumers the chance to win a summer escape with a group of friends or family members to beautiful, scenic Colorado – home of noosa! The vacation will be complete with the joyful indulgence of unlimited noosa Frozen Yoghurt Gelato to enhance their adventures. noosa will provide round-trip airfare for the winner and up to five friends or family members, a three-night stay at a resort or property rental of their choice, assistance booking three daytime excursions to enjoy all that Colorado has to offer and, of course, noosa Frozen Yoghurt Gelato galore. For more information and to enter, visit www.noosayoghurt.com/ultimaterecess.
ABOUT NOOSA YOGHURT
noosa yoghurt is the proud maker of velvety yoghurt, gelato, and more – all made with the finest ingredients, such as creamy whole milk, real fruit, and wildflower honey. Offering indulgent deliciousness unlike anything else, noosa's full product line includes yoghurts in a variety of unique flavors, sizes, and formats – from spoonable yoghurts to drinkable real fruit smoothies – and, most recently, frozen yoghurt gelato. All of noosa's full-on tasty products begin with the freshest whole milk. noosa yoghurt is a portfolio brand of Sovos Brands. For more information, please visit www.noosayoghurt.com or follow on Facebook @noosayoghurt, Twitter @noosayoghurt, and Instagram @noosayoghurt.
PRESS CONTACT
noosa@mbooth.com
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SOURCE noosa yoghurt | https://www.wibw.com/prnewswire/2022/06/07/noosa-yoghurt-launches-noosa-frozen-yoghurt-gelato-nationwide-announces-ultimate-recess-sweepstakes/ | 2022-06-07T14:10:54Z |
NEW YORK, May 20, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of AbbVie Inc. (NYSE: ABBV).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/abbvie-inc-loss-submission-form/?id=27457&from=4
The lawsuit seeks to recover losses for shareholders who purchased AbbVie between April 30, 2021 and August 31, 2021.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 6, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, AbbVie Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) safety concerns about Pfizer Inc.'s drug Xeljanz extended to Abbvie's drug Rinvoq and to other Janus kinase enzyme inhibitor drugs; (2) as a result, it was likely that the U.S. Food and Drug Administration would require additional safety warnings for Rinvoq and would delay the approval of additional treatment indications for Rinvoq; and (3) therefore, defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/05/20/abbv-shareholder-alert-jakubowitz-law-reminds-abbvie-shareholders-lead-plaintiff-deadline-june-6-2022/ | 2022-05-20T11:14:02Z |
ATLANTA, Aug. 31, 2022 /PRNewswire/ -- Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, today announced that it will participate in the Morgan Stanley 20th Annual Global Healthcare Conference, including a presentation on Tuesday, September 13, 2022, at 2:05 p.m. E.T. The link for the simultaneous webcast will be available online at https://investors.sharecare.com/news-and-events/events-and-presentations.
Sharecare is the leading digital health company that helps people – no matter where they are in their health journey – unify and manage all their health in one place. Our comprehensive and data-driven virtual health platform is designed to help people, providers, employers, health plans, government organizations, and communities optimize individual and population-wide well-being by driving positive behavior change. Driven by our philosophy that we are all together better, at Sharecare, we are committed to supporting each individual through the lens of their personal health and making high-quality care more accessible and affordable for everyone. To learn more, visit www.sharecare.com.
Media Relations: Jen Martin Hall, jen@sharecare.com
Investor Relations: investors@sharecare.com
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SOURCE Sharecare | https://www.kxii.com/prnewswire/2022/08/31/sharecare-participate-morgan-stanley-20th-annual-global-healthcare-conference/ | 2022-08-31T12:13:57Z |
SUGAR LAND, Texas, April 25, 2022 /PRNewswire/ -- Trecora Resources (NYSE: TREC), a leading provider of specialty hydrocarbons and waxes, today announced the planned release of its first quarter 2022 financial results after market close on Wednesday, May 4, 2022. President and Chief Executive Officer, Patrick D. Quarles, and Chief Financial Officer, Sami Ahmad, will host a conference call on Thursday, May 5, 2022 at 10:00 a.m. Central Time/11:00 a.m. Eastern Time to discuss the results.
The conference call will be simulcast live and available for replay via the investor relations section of the Company's website at http://www.trecora.com/
The presentation slides will be available before the call begins under the investor relations section of the Company's website at https://ir.trecora.com/presentations
A replay of the conference call will be available approximately two hours following the conclusion of the call through May 7, 2022.
TREC owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.
Jeremy Hellman, CFA (212) 836-9626
jhellman@equityny.com
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SOURCE Trecora Resources | https://www.wibw.com/prnewswire/2022/04/25/trecora-resources-host-first-quarter-2022-earnings-conference-call-thursday-may-5th/ | 2022-04-25T21:21:38Z |
The actions — or more notably, the inaction — of a school district police chief and other law enforcement officers have become the center of the investigation into this week’s shocking school shooting in Uvalde, Texas.
The delay in confronting the shooter — who was inside the school for more than an hour — could lead to discipline, lawsuits and even criminal charges against police.
The attack that left 19 children and two teachers dead in a fourth grade classroom was the nation’s deadliest school shooting in nearly a decade, and for three days police offered a confusing and sometimes contradictory timeline that drew public anger and frustration.
By Friday, authorities acknowledged that students and teachers repeatedly begged 911 operators for help while the police chief told more than a dozen officers to wait in a hallway at Robb Elementary School. Officials said he believed the suspect was barricaded inside adjoining classrooms and that there was no longer an active attack.
The chief’s decision — and the officers’ apparent willingness to follow his directives against established active-shooter protocols — prompted questions about whether more lives were lost because officers did not act faster to stop the gunman, and who should be held responsible.
“In these cases, I think the court of public opinion is far worse than any court of law or police department administrative trial,” said Joe Giacalone, a retired New York police sergeant. “This has been handled so terribly on so many levels, there will be a sacrificial lamb here or there.”
As the gunman fired at students, law enforcement officers from other agencies urged the school police chief to let them move in because children were in danger, two law enforcement officials said.
The officials spoke on condition of anonymity because they had not been authorized to talk publicly about the investigation.
One of the officials said audio recordings from the scene capture officers from other agencies telling the school police chief that the shooter was still active and that the priority was to stop him. But it wasn’t clear why the school chief ignored their warnings.
Texas Gov. Greg Abbott, who at a news conference earlier in the week lauded the police for saving lives, said he had been misled about the initial response and promised there would be investigations into “exactly who knew what, when, who was in charge” and what they did.
“The bottom line would be: Why did they not choose the strategy that would have been best to get in there and to eliminate the killer and to rescue the children?” Abbott said.
Criminal charges are rarely pursued against law enforcement in school shootings. A notable exception was the former school resource officer accused of hiding during the 2018 shooting at Marjory Stoneman Douglas High School in Parkland, Florida, that left 17 people dead. New York City defense attorney Paul Martin and Chuck Wexler, executive director of the Police Executive Research Forum in Washington, both said Saturday that they did not know of any other officers who have been criminally charged for failing to act in a mass shooting.
Martin, who has represented police officers charged with murder, assault and other crimes, said he thinks what happened in Uvalde differs from Parkland because the officers who waited to confront the assailant were following orders. Martin said he doesn’t think they can be charged based on decisions from their command.
As for the school district police chief who decided to wait, Martin said it would be a “very high bar” to charge him criminally because police officers are given latitude to make tactical decisions.
“The families can sue the police department for failing to act. … They can clearly be found civilly liable,” he said. “I think it’s very doubtful that they could be criminally charged.”
In terms of civil liability, the legal doctrine called “ qualified immunity,” which shields police officers from lawsuits unless their actions violate clearly established laws, could also be at play in future litigation. Potential administrative punishments — meted out by the department itself — could range from a suspension or docked pay to forced resignation or retirement, or outright termination.
The families of most of those killed or wounded in Parkland reached a $127.5 million settlement with the U.S. Department of Justice over the FBI’s failure to stop the gunman, even though it had received information he intended to attack. Former Broward County Deputy Scot Peterson is scheduled to go to trial in September on charges of child neglect resulting in great bodily harm, culpable negligence and perjury. He has said he did the best he could at the time.
A federal judge threw out all but one of the lawsuits against the school district and sheriff’s office after the massacre at Columbine High School in 1999, ruling that the gunmen were responsible. The daughter of a teacher who bled to death reached a $1.5 million settlement in her lawsuit against the Jefferson County Sheriff’s Office in 2002. Police were heavily criticized at the time for not going into the school sooner.
“What Columbine taught us is, when you have an active shooter situation, waiting for additional resources will result in people losing their lives,” Wexler said. “Here we are, 20 years post-Columbine and that’s the same issue that continues to challenge law enforcement.”
He said every department should clearly spell out in their policies that a gunman must be immediately confronted in these situations.
The Uvalde School District police chief, Pete Arredondo, decided that the group of officers should wait to confront the assailant, on the belief that the active attack was over, according to Steven McCraw, the head of the Texas Department of Public Safety.
The crisis ended shortly after officers used keys from a janitor to open the classroom door, entered the room and shot and killed Ramos.
Arredondo could not be reached for comment Friday, and Uvalde officers were stationed outside his home, but they would not say why.
Maria Haberfeld, a professor at John Jay College of Criminal Justice in New York, said the police department’s policies, procedures and training will be scrutinized to see whether the officers on the ground in Uvalde followed them.
If they did, and criminal charges are still brought, she said it would send a chilling message to police nationwide. “If you follow your procedures, you’re still brought up on charges. So what’s the point of having procedures?” she said.
But Jorge Colina, a former Miami police chief, wants to know more about what was going through the minds of the officers inside the school as the chief told them to wait in the hall.
“Did someone challenge the decision there?” he said. “Did someone raise an objection at least?”
___
Associated Press writers Jim Vertuno in Uvalde, Texas; Jake Bleiberg in Dallas; Terry Spencer in Fort Lauderdale, Florida; Mike Balsamo in Washington, D.C.; and Jennifer McDermott in Providence, Rhode Island, contributed to this report.
___
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/police-inaction-moves-to-center-of-uvalde-shooting-probe/ | 2022-05-29T13:12:31Z |
WASHINGTON, June 24, 2022 /PRNewswire/ -- NASA announced Friday the Psyche asteroid mission, the agency's first mission designed to study a metal-rich asteroid, will not make its planned 2022 launch attempt.
Due to the late delivery of the spacecraft's flight software and testing equipment, NASA does not have sufficient time to complete the testing needed ahead of its remaining launch period this year, which ends on Oct. 11. The mission team needs more time to ensure that the software will function properly in flight.
NASA selected Psyche in 2017 as part of the agency's Discovery Program, a line of low-cost, competitive missions led by a single principal investigator. The agency is forming an independent assessment team to review the path forward for the project and for the Discovery Program.
"NASA takes the cost and schedule commitments of its projects and programs very seriously," said Thomas Zurbuchen, associate administrator for NASA's Science Mission Directorate in Washington. "We are exploring options for the mission in the context of the Discovery Program, and a decision on the path forward will be made in the coming months."
The independent assessment team, typically made up of experts from government, academia, and industry, will review possible options for next steps, including estimated costs. Implications for the agency's Discovery Program and planetary science portfolio also will be considered.
The spacecraft's guidance navigation and flight software will control the orientation of the spacecraft as it flies through space and is used to point the spacecraft's antenna toward Earth so that the spacecraft can send data and receive commands. It also provides trajectory information to the spacecraft's solar electric propulsion system, which begins operations 70 days after launch.
As the mission team at NASA's Jet Propulsion Laboratory in Southern California began testing the system, a compatibility issue was discovered with the software's testbed simulators. In May, NASA shifted the mission's targeted launch date from Aug. 1 to no earlier than Sept. 20 to accommodate the work needed. The issue with the testbeds has been identified and corrected; however, there is not enough time to complete a full checkout of the software for a launch this year.
"Flying to a distant metal-rich asteroid, using Mars for a gravity assist on the way there, takes incredible precision. We must get it right. Hundreds of people have put remarkable effort into Psyche during this pandemic, and the work will continue as the complex flight software is thoroughly tested and assessed," said JPL Director Laurie Leshin. "The decision to delay the launch wasn't easy, but it is the right one."
The mission's 2022 launch period, which ran from Aug. 1 through Oct. 11, would have allowed the spacecraft to arrive at the asteroid Psyche in 2026. There are possible launch periods in both 2023 and 2024, but the relative orbital positions of Psyche and Earth mean the spacecraft would not arrive at the asteroid until 2029 and 2030, respectively. The exact dates of these potential launch periods are yet to be determined.
"Our amazing team has overcome almost all of the incredible challenges of building a spacecraft during COVID," said Psyche Principal Investigator Lindy Elkins-Tanton of Arizona State University (ASU), who leads the mission. "We have conquered numerous hardware and software challenges, and we've been stopped in the end by this one last problem. We just need a little more time and will get this one licked too. The team is ready to move forward, and I'm so grateful for their excellence."
Total life-cycle mission costs for Psyche, including the rocket, are $985 million. Of that, $717 million has been spent to date. The estimated costs involved to support each of the full range of available mission options are currently being calculated.
Two ride-along projects were scheduled to launch on the same SpaceX Falcon Heavy rocket as Psyche, including NASA's Janus mission to study twin binary asteroid systems, and the Deep Space Optical Communications technology demonstration to test high-data-rate laser communications that is integrated with the Psyche spacecraft. NASA is assessing options for both projects.
ASU leads the Psyche mission. JPL, which is managed for NASA by Caltech in Pasadena, California, is responsible for the mission's overall management; system engineering; integration and test; and mission operations. Maxar is providing the high-power solar electric propulsion spacecraft chassis. NASA's Launch Services Program, based at the agency's Kennedy Space Center in Florida, is managing the launch.
For more on the Psyche mission, visit:
-end-
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SOURCE NASA | https://www.mysuncoast.com/prnewswire/2022/06/24/nasa-announces-launch-delay-psyche-asteroid-mission/ | 2022-06-24T19:26:13Z |
NEW YORK, June 15, 2022 /PRNewswire/ -- Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies focused on treating chronic inflammatory and autoimmune diseases, today announced that data from its phase 2 EMPhASIS trial of lead asset, vidofludimus calcium (IMU-838), in patients with relapsing-remitting multiple sclerosis (RRMS), has been published in the peer reviewed journal, Annals of Clinical and Translational Neurology.
The paper, authored by coordinating investigator, Robert J. Fox, M.D., Staff Neurologist, Mellen Center for Multiple Sclerosis, Vice-Chair for Research, Neurologic Institute, Cleveland Clinic, Cleveland, Ohio, is entitled, "Safety and efficacy of vidofludimus calcium, a selective dihydroorotate dehydrogenase inhibitor, in relapsing-remitting multiple sclerosis (EMPhASIS): a double-blind, randomized, placebo-controlled phase 2 trial." It can be accessed through the following link: https://onlinelibrary.wiley.com/doi/10.1002/acn3.51574.
Vidofludimus calcium is a novel and second generation selective dihydroorotate dehydrogenase (DHODH) inhibitor without off-target effects on kinases seen with drugs of the same class, which may lead to a better safety and tolerability profile. The inhibition of DHODH has been shown to suppress magnetic resonance imaging (MRI) brain lesions and disease activity in multiple sclerosis. The paper assessed the safety and activity on MRI-based endpoints as well as clinical and biomarker assessments of vidofludimus calcium in patients with RRMS.
"The results from this phase 2 trial of vidofludimus calcium in patients with RRMS are encouraging, as the trial met its primary and key secondary endpoints for suppressing the number of combined unique active magnetic resonance imaging lesions," stated Dr. Fox. "Importantly, vidofludimus calcium was found to be safe and well-tolerated as compared to placebo, with no increase in the rate of infections, effects on liver or blood cell laboratory parameters and with a very low treatment discontinuation rate." Dr. Fox receives consulting fees for serving as an advisor to Immunic.
"The publication of the EMPhASIS trial results in a peer-reviewed journal is a testament to the importance of our phase 2 findings for vidofludimus calcium in patients with RRMS," stated Daniel Vitt, Ph.D., Chief Executive Officer and President of Immunic. "Based on these strong data, we have enrolled patients in our phase 2 CALLIPER trial in progressive multiple sclerosis patients to further explore vidofludimus calcium's neuroprotective potential, as exemplified by a slowing of brain atrophy and delay in disability worsening, which are often caused by axonal and neural damage. Equally exciting, we have also been enrolling patients in our phase 3 ENSURE program of vidofludimus calcium as a treatment for relapsing multiple sclerosis (RMS). We remain highly enthusiastic about the potential for this novel therapeutic to become a best-in-class DHODH inhibitor in RMS."
The full unblinded data from the double-blind, placebo-controlled, phase 2 EMPhASIS trial (Cohort 1 with 30 and 45 mg of vidofludimus calcium or placebo once-daily) were reported by Immunic in September of 2020 and are summarized in more detail in this peer-reviewed journal. The trial achieved all primary and key secondary endpoints. In particular, the study met its primary endpoint, demonstrating a statistically significant reduction in the cumulative number of combined unique active (CUA) MRI lesions up to week 24 in patients receiving 45 mg of vidofludimus calcium once-daily, by 62% (p=0.0002), as compared to placebo. The study also met its key secondary endpoint, showing a statistically significant reduction in the cumulative number of CUA MRI lesions for the 30 mg once-daily dose, by 70% (p<0.0001), as compared to placebo. The data set also confirms that vidofludimus calcium was very well tolerated, in general, and that its safety profile was similar to the placebo group.
Earlier in 2022, Immunic released data from a second, lower dose cohort of the EMPhASIS trial in RRMS (Cohort 2: 10 mg of vidofludimus calcium or placebo once-daily) which Immunic intends to summarize in a future publication. In the final Cohort 2 data set, the anti-inflammatory effects of vidofludimus calcium at the 10 mg dose were observed to be lower (13% reduction of gadolinium-enhancing magnetic resonance imaging lesions up to 24 weeks, as compared to placebo) than those found with the 30 mg vidofludimus calcium dose in the pooled Cohort 1 and 2 data (78% reduction), providing further support for the selection of 30 mg dosing in the ongoing ENSURE trials in RMS.
Vidofludimus calcium is an investigational drug in development as an orally available, next-generation selective immune modulator that is designed to inhibit the intracellular metabolism of activated immune cells by blocking the enzyme dihydroorotate dehydrogenase (DHODH). Vidofludimus calcium has been observed to act on activated T and B cells while leaving other immune cells largely unaffected and allows the immune system to stay functioning, e.g., in fighting infections. In previous trials, vidofludimus calcium did not show an increased rate of infections compared to placebo. In addition, DHODH inhibitors, such as vidofludimus calcium, are known to possess a host-based antiviral effect, which is independent with respect to specific virus proteins and their structure. Therefore, DHODH inhibition may be broadly applicable against multiple viruses. To date, vidofludimus calcium has been tested in more than 1,100 individuals and has shown an attractive pharmacokinetic, safety and tolerability profile. Vidofludimus calcium is not yet licensed or approved in any country.
Immunic, Inc. (Nasdaq: IMUX) is a clinical-stage biopharmaceutical company with a pipeline of selective oral immunology therapies focused on treating chronic inflammatory and autoimmune diseases. The company is developing three small molecule products: its lead development program, vidofludimus calcium (IMU-838), a selective immune modulator that inhibits the intracellular metabolism of activated immune cells by blocking the enzyme DHODH and exhibits a host-based antiviral effect, is currently being developed as a treatment option for multiple sclerosis, and primary sclerosing cholangitis. IMU-935, a selective inverse agonist of the transcription factor RORγ/RORγt, is targeted for development in psoriasis, castration-resistant prostate cancer and Guillain-Barré syndrome. IMU-856, which targets the restoration of the intestinal barrier function, is targeted for development in diseases involving bowel barrier dysfunction. For further information, please visit: www.imux.com.
This press release contains "forward-looking statements" that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, future financial position, future revenue, projected expenses, expected timing and results of clinical trials, prospects, plans and objectives of management are forward-looking statements. Examples of such statements include, but are not limited to, statements relating to Immunic's three development programs and the targeted diseases; the potential for vidofludimus calcium to safely and effectively target diseases; preclinical and clinical data for vidofludimus calcium; the timing of current and future clinical trials and anticipated clinical milestones; the nature, strategy and focus of the company and further updates with respect thereto; and the development and commercial potential of any product candidates of the company. Immunic may not actually achieve the plans, carry out the intentions or meet the expectations or projections disclosed in the forward-looking statements and you should not place undue reliance on these forward-looking statements. Such statements are based on management's current expectations and involve substantial risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including, without limitation, the COVID-19 pandemic, risks and uncertainties associated with the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations, the availability of sufficient financial and other resources to meet business objectives and operational requirements, the fact that the results of earlier preclinical studies and clinical trials may not be predictive of future clinical trial results, the protection and market exclusivity provided by Immunic's intellectual property, risks related to the drug development and the regulatory approval process and the impact of competitive products and technological changes. A further list and descriptions of these risks, uncertainties and other factors can be found in the section captioned "Risk Factors," in the company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on February 24, 2022, and in the company's subsequent filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov or ir.imux.com/sec-filings. Any forward-looking statement made in this release speaks only as of the date of this release. Immunic disclaims any intent or obligation to update these forward-looking statements to reflect events or circumstances that exist after the date on which they were made. Immunic expressly disclaims all liability in respect to actions taken or not taken based on any or all the contents of this press release.
Contact Information
Immunic, Inc.
Jessica Breu
Head of Investor Relations and Communications
+49 89 2080 477 09
jessica.breu@imux.com
US IR Contact
Rx Communications Group
Paula Schwartz
+1 917 322 2216
immunic@rxir.com
US Media Contact
KOGS Communication
Edna Kaplan
+1 781 639 1910
kaplan@kogspr.com
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SOURCE Immunic, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/15/immunic-announces-publication-data-its-phase-2-emphasis-trial-vidofludimus-calcium-relapsing-remitting-multiple-sclerosis-peer-reviewed-journal-annals-clinical-translational-neurology/ | 2022-06-15T12:18:44Z |
NEW YORK, May 17, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. (NYSE: LICY) alleging that the Company violated federal securities laws.
Class Period: February 16, 2021 to March 23, 2022
Lead Plaintiff Deadline: June 20, 2022
No obligation or cost to you.
Learn more about your recoverable losses in LICY:
https://www.kleinstocklaw.com/pslra-1/li-cycle-holdings-corp-loss-submission-form?id=27277&from=4
Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. NEWS - LICY NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) Li-Cycle's largest customer, Traxys, is not actually a customer, but merely a broker providing working capital financial to the Company while Traxys tries to sell Li-Cycle's product to end customers; (2) the Company engaged in highly questionable related party transactions; (3) the Company's mark-to-model accounting is vulnerable to abuse and gave a false impression of growth; (4) a significant portion of the Company's reported revenues were derived from simply marking up receivables on products that had not been sold; (5) the Company's gross margins have likely been negative since inception; (6) the Company will require an additional $1 billion of funding to support its planned growth (which is a figure greater than the Company raised via the merger); and (7) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Li-Cycle you have until June 20, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Li-Cycle securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the LICY lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/li-cycle-holdings-corp-loss-submission-form?id=27277&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/05/17/licy-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-20-2022-class-action-filed-behalf-li-cycle-holdings-corp-fka-peridot-acquisition-corp-shareholders/ | 2022-05-17T10:37:03Z |
PRAGUE, Czech Republic, April 1, 2022 /PRNewswire/ -- Design company Humbleteam donated to peaceful civilians that were exposed to the war in Ukraine.
Amidst the war in Ukraine - the largest military attack since World War II - many tech and design companies around the world supported civilians with humanitarian aid and donations. Joining the worldwide movement for global peace, Humbleteam donated to the people through several charity funds, including the international organization Red Cross and Czech-based fund Člověka v Tísni.
Emphasizing its apolitical position, the Humbleteam agency committed its donation to peaceful civilians who have become victims of the events.
"Stating our apolitical position toward Russian and Ukrainian nations, we contributed to charity funds to help those suffering from the war unfolding in Ukraine right now. No nation deserves to be a part of the heart-breaking circumstances we all are now witnessing in this region. Nobody should stay alone and unprotected in this situation. This is why we made a decision to donate a significant amount of money to civilians in hopes it will be used for humanitarian purposes and protection of human lives," commented Sergey Krasotin, Co-Founder of Humbleteam.
As an international company with employees from around the world, Humbleteam can't stay aside from these events and expresses sincere condolences to everyone who suffered from this war. The team believes that design alone can serve as a powerful tool of education and anti-war propaganda, bringing social awareness of these events and encouraging humanity to never repeat them again. However, the company also proves that design combined with the financial help for those who need it the most now is even more powerful, thus, encouraging the product design industry not to remain silent, but to join the movement in support of peace in the world.
About Humbleteam
Humbleteam is a product design agency with locations in Prague (Czechia) and New York (USA). We design products and services that deliver a digital experience at the intersection of user and business needs. As a team of dedicated design enthusiasts, we are continuously exploring design and experimenting. However, we never forget the human-oriented design essentials: we aim to enhance people's digital experiences, as well as help our clients succeed, no matter the challenge.
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Photo - https://mma.prnewswire.com/media/1778736/Humbleteam.jpg
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SOURCE Humbleteam | https://www.mysuncoast.com/prnewswire/2022/04/01/design-agency-humbleteam-is-responding-war-ukraine-by-donating-peaceful-civilians/ | 2022-04-01T13:54:50Z |
LAVAL, QC, Aug. 22, 2022 /PRNewswire/ -- Bausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health" or the "Company") has transferred common shares in an amount equal to approximately 38.6% of the issued and outstanding shares of Bausch + Lomb Corporation ("Bausch + Lomb") to an existing wholly-owned unrestricted subsidiary of the Company (the "Internal Transfer").
Common shares in an amount equal to approximately 50.1% of Bausch + Lomb continue to be held by a wholly-owned restricted subsidiary of the Company, and Bausch + Lomb itself remains a restricted subsidiary of the Company. The Company, through its subsidiaries, continues to hold the same number of shares of Bausch + Lomb as it did prior to the Internal Transfer, which in the aggregate comprises approximately 88.7% of the issued and outstanding shares of Bausch + Lomb.
The Internal Transfer is consistent with the Company's commitment to the separation of Bausch + Lomb and provides the Company with strategic flexibility while it evaluates all relevant factors and considerations relating to the separation of Bausch + Lomb. Further, the Company has engaged Houlihan Lokey and White & Case LLP as financial and legal advisors, respectively, to assist the Company in evaluating potential strategic alternatives.
The separation of Bausch + Lomb is contingent on the expiry of customary lockups related to the initial public offering of Bausch + Lomb, the achievement of targeted debt leverage ratios and the receipt of applicable shareholder and other necessary approvals.
About Bausch Health
Bausch Health Companies Inc. (NYSE/TSX: BHC) is a global diversified pharmaceutical company whose mission is to improve people's lives with our health care products. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals and eye health, through our approximately 88.7% ownership of Bausch + Lomb. With our leading durable brands, we are delivering on our commitments as we build an innovative company dedicated to advancing global health. For more information, visit www.bauschhealth.com and connect with us on Twitter and LinkedIn.
Forward-looking Statements
This news release may contain forward-looking statements about the future performance of Bausch Health, which may generally be identified by the use of the words "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "subject to" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Actual results are subject to other risks and uncertainties that relate more broadly to Bausch Health's overall business, including those more fully described in Bausch Health's most recent annual report on Form 10-K and detailed from time to time in Bausch Health's other filings with the U.S. Securities and Exchange Commission and the Canadian securities administrators, which factors are incorporated herein by reference.
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SOURCE Bausch Health Companies Inc. | https://www.mysuncoast.com/prnewswire/2022/08/22/bausch-health-continuing-process-toward-separating-bausch-lomb/ | 2022-08-22T12:46:28Z |
The Texas House committee investigating the Uvalde school shooting plans to release hallway surveillance of the police response to the massacre to victims' families on Sunday and to the public soon thereafter, state Rep. Dustin Burrows said on Twitter.
"We will meet with members of the community first, and provide them an opportunity to see the hallway video and discuss our preliminary report. Very soon thereafter, we will release both to the public," said Burrows, the chairman of the committee. "We feel strongly that members of the Uvalde community should have the opportunity to see the video and hear from us before they are made public."
The intention of the committee and its professional staff is to meet with the families of the 21 victims in private in Uvalde and provide them with a hard copy of the preliminary report and a link to the video, a source close to the committee said. The committee is also planning to answer questions from the families about the findings, the source said.
The video is expected to offer primary evidence of what responding police were doing when a gunman opened fire inside adjoining elementary school classrooms on May 24, fatally shooting 19 young students and two teachers. Law enforcement officers arrived at the scene within minutes but waited in a nearby hallway for about 77 minutes before they breached the door and killed the gunman.
What officers were doing in those 77 minutes remains largely unclear, and some officials have questioned the trustworthiness of the various investigations working to understand what went wrong that day.
Last month, Texas Department of Public Safety (DPS) Director Col. Steven McCraw criticized that delay as an "abject failure," in part citing evidence from the hallway surveillance video. Some images from the video were obtained by the Texas Tribune and Austin American-Statesman and showed that officers had tactical gear and significant firepower -- including rifles and a tactical shield -- well before they ultimately breached the door.
Burrows has pushed for the release of the video to the public amid scrutiny of the police response.
"I can tell people all day long what it is I saw, the committee can tell people all day long what we saw, but it's very different to see it for yourself, and we think that's very important," Burrows said.
However, he said last week he was prohibited from doing so because he signed a nondisclosure agreement with DPS. He also released a letter in which DPS said that it agrees that the video will bring "clarity" to what happened but explained that the Uvalde district attorney "has objected to releasing the video."
CNN has requested comment from Uvalde District Attorney Christina Mitchell Busbee on Friday and on Sunday about why she objects to the release of the video, but has not heard back.
What the video and report will show
The video and preliminary report are expected to clarify what police were actually doing as they waited in the hallway and will contradict earlier public statements and official reports.
For example, a report just last week from the Advanced Law Enforcement Rapid Response Training (ALERRT) Center stated that an armed Uvalde police officer spotted the gunman outside the school and asked for permission to shoot.
However, the source close to the committee said this account is not true and did not happen. Uvalde Mayor Don McLaughlin also refuted the account as untrue.
And on Monday night, the assistant director of ALERRT, John Curnutt, said their findings were based on two statements from an officer that were then contradicted by a third statement.
"At the time we released our initial after-action, the information we had on this particular officer came from the officer's two previous statements given to investigators," he said in a statement. "We were not aware that just prior to us releasing our initial after-action, the officer gave a third statement to investigators that was different from the first two statements."
In addition, the hallway video of the response is "wrenching," said Tony Plohetski, a reporter for the Austin American-Statesman who has watched the surveillance footage.
The video begins shortly after the gunman entered the school at 11:33 a.m. In the video, the 18-year-old gunman enters a classroom and "you hear a hail of gunfire," Plohetski said. Minutes later, a group of law enforcement officers arrive at the room and there is another exchange of gunfire.
"You see the police officers actually getting blown back. One of them actually touches his head," and suspects an injury, he said.
Over the next hour of the video, officers converge on the scene and gear up with helmets, assault rifles, ballistic shields, and tear gas canisters. But they do not take action.
"Essentially they stand there for an hour as these minutes tick by," he said. "It's not until 12:50 that we then see those police officers move to that classroom, breach the door, and take down the gunman."
The reporter said the video intensifies questions about the response from local, state and federal agencies on scene.
"As to why it was handled the way it did and why the police did not move with a greater sense of urgency, I don't think we've gotten to the truth of that yet," he said.
"This video, once it is finally made public, is going to be very disturbing to many people and, I think, really deepen the tragedy that happened that day."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/uvalde-school-shooting-hallway-video-showing-delayed-police-response-will-be-released-to-victims-families/article_34cf1be8-bdda-5cee-b8b2-e47436d619bf.html | 2022-07-12T16:58:28Z |
WASHINGTON (KNWA/KFTA) — On April 12, Richard Barnett, 61, of Gravette, Arkansas, turned down the government’s offer of a plea deal in the case stemming from his alleged participation in the January 6, 2021 insurrection at the U.S. Capitol. Barnett was photographed sitting at a desk in House Speaker Nancy Pelosi’s office that day.
In a virtual pre-trial hearing Tuesday, prosecutor Mary Dohrmann informed the court that the government had presented a plea agreement offer in which Barnett would plead guilty to one charge, with the others being dismissed.
Defense attorney Joseph McBride stated that the defense could not accept the offer “in good conscience.” McBride cited Barnett’s advanced age and the sentencing guideline of 70-87 months for the charge in question as factors in the defendant’s decision to reject the offer.
“He wasn’t violent that day by any stretch of the imagination,” the defense counsel added. Judge Chris Cooper quickly acknowledged the rejection, noting that the court itself has no role when such an offer is made.
“It takes two to tango,” Judge Cooper added, referring to the prosecution and the defense. He noted that he has been involved in other insurrection cases that have already reached plea agreements.
The call ended with Judge Cooper stating that he would “sit back and wait for any motions” before the next pretrial conference. The defense previously requested an extension to deal with a “voluminous amount” of discovery material.
Barnett is charged with: Obstruction of an Official Proceeding; Aiding and Abetting; Entering and Remaining in a Restricted Building or Grounds with a Deadly or Dangerous Weapon; Disorderly and Disruptive Conduct in a Restricted Building or Grounds with a Deadly or Dangerous Weapon; Entering and Remaining in Certain Rooms in the Capitol Building; Disorderly Conduct in a Capitol Building; Parading, Demonstrating, or Picketing in a Capitol Building; Theft of Government Property.
He has pleaded not guilty to all charges, and his trial is scheduled to begin on September 6.
According to the Associated Press, more than 700 people were arrested for the Jan. 6 attack on the Capitol with more than 160 reaching plea deals.
A Proud Boys leader, 34-year-old Charles Donohue, recently pleaded guilty to one count of conspiracy to obstruct an official proceeding and one count of assaulting, resisting or impeding a law enforcement officer, The Hill reports. The man photographed carrying Pelosi’s lectern in the Capitol, Adam Johnson, was sentenced to 75 days in prison earlier this year. | https://cw33.com/news/man-photographed-in-pelosis-office-on-jan-6-rejects-plea-deal/ | 2022-04-13T19:52:28Z |
TORREY PINES, Calif., June 1, 2022 /PRNewswire/ -- EpicentRx, Inc, a privately-held clinical-stage biotechnology company at the forefront of developing oncolytic viruses and small molecules for the treatment of cancer and other inflammatory-driven diseases, today announced that data from a Phase 2 randomized clinical trial with RRx-001 in first line head and neck cancer has been selected for a poster presentation at the American Society of Clinical Oncology Annual Meeting on June 3-7, 2022, in Chicago, Illinois. Positive results from the completed Phase 2 study called PREVLAR that was carried out in collaboration with Dr. Stephen Sonis, Distinguished Faculty member at the Dana-Farber Cancer Institute and CMO of Primary Endpoint Solutions and a leading expert in cancer-related oral mucositis, will be presented, highlighting the anti-inflammatory and antioxidant properties of RRx-001 as well as plans to initiate a follow-on trial called KEVLAR.
Details on the company's poster presentation are below:
Abstract Title: Phase 2 pilot trial of RRx-001 as an anti-mucositis agent in head and neck cancer patients treated with chemoradiation (PREVLAR)
Session Title: Head and Neck Cancer
Abstract Number for Publication: 6078
Session Date and Time: Monday, June 6, 2022, 1:15 PM-4:15 PM CDT
RRx-001 leads EpicentRx's CyNRGY platform as a first-in-class investigational treatment sourced from an exclusively licensed portfolio of aerospace-derived small molecules. RRx-001 is a multifaceted treatment with a dual-functioning mechanism that starts under "normal" conditions, or healthy tissues that are reasonably well-oxygenated, and the activity changes in poorly oxygenated (hypoxic) tissues, which is a distinguishing characteristic of cancerous tumors.
EpicentRx is a leading-edge biopharmaceutical company with a complementary pipeline of small molecule and cancer-targeting virus platforms that represent the next frontier in treating patients with diseases of significant unmet need. With two platforms, CyNRGY and AdAPT, EpicentRx has developed novel therapies and drug delivery devices with emphasis on not just treating the disease but improving quality of life. For more information, visit www.epicentrx.com.
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SOURCE EpicentRx, Inc. | https://www.kxii.com/prnewswire/2022/06/01/epicentrx-announces-poster-presentation-phase-2-randomized-clinical-trial-with-rrx-001-an-anti-mucositis-agent-locally-advanced-head-neck-cancer-2022-american-society-clinical-oncology-asco-annual-meeting/ | 2022-06-01T15:24:02Z |
ATHENS — How much is a salt marsh worth? That’s one of the questions the University of Georgia and The Nature Conservancy will try to answer as they launch a pilot study funded by Georgia Sea Grant to determine the socioeconomic value of salt marsh ecosystems in Georgia.
Experts estimate that 70 percent of all salt marshes already have been lost across the eastern seaboard, largely due to human development. Sea level rise from climate change also threatens their continued existence.
“These marshes are among the most well-preserved and extensive natural coastal networks in the nation, playing an indispensable role within human communities and for wildlife,” Matthew Bilskie, an assistant professor in the School of Environmental, Civil, Agricultural and Mechanical Engineering at UGA’s College of Engineering, said. “Who stands to benefit from insuring such natural infrastructure so that if the marshes suffer damage, they can be restored? And who should pay for this insurance?”
Answering these questions will take a network of its own. There’s Bilskie, a coastal modeler and head of the UGA Coastal Ocean Analysis and Simulation Team (COAST), a research group with expertise in computational modeling coastal and estuarine systems. His team is working on modeling how events such as hurricanes could affect Georgia’s salt marshes. This data will be passed to Yukiko Hashida, an assistant professor of agriculture and applied economics in UGA’s College of Agricultural and Environmental Sciences. Her task will entail monetizing Bilskie’s projections.
Does it make economic sense to introduce an insurance scheme into nature? If yes, what costs should be included — and what communities need to be at the planning table?
“We are very excited about this effort,” Mark Risse, director of UGA Marine Extension and Georgia Sea Grant, said. “Sea level rise is threatening Georgia’s expansive salt marshes, which filter pollutants from our waterways, mitigate flooding, and provide habitat for commercially valuable fish and shellfish. Through this work, we hope to help the public better understand why it’s critical to protect and conserve our coastal ecosystems and develop mechanisms to conserve and protect them.”
The Nature Conservancy will invite community stakeholders into the pilot, including representatives from the insurance and reinsurance industries. Together, they’ll ask what kind of innovative financing mechanisms might help incentivize the protection and restoration of the marshes. The hope is that a collaborative analysis of Georgia’s salt marshes and their multiple benefits could introduce insurance as a real option for protecting these resources in the future.
“If the pilot succeeds, this type of business and environmental collaboration could potentially be replicated across the South Atlantic,” Ashby Worley, TNC’s coastal climate adaptation director in Georgia, said.
Economist Hashida said she is eager to dive into the project for its urgency and because there’s nothing else quite like it underway in the region.
“There are studies looking at the interaction between wetlands and storm damage, but nothing else is bringing the insurance modeling directly into it,” she said. “And nobody else is tying it directly into implementable actions. That’s exciting to me.”
Bilskie adds that finger pointing — looking for someone to blame when these resources sustain damage — isn’t productive at this moment in the global climate crisis.
“Show results with science,” he said. “Show how these marshes help human communities and how it would benefit everyone’s bottom line to save them. That’s what we’re trying to achieve.” | https://www.albanyherald.com/news/uga-engineering-teams-with-nature-conservancy-to-protect-georgia-s-coast/article_ba73b27e-fdff-11ec-8310-1bba02095a88.html | 2022-07-09T14:51:21Z |
BEIJING, June 22, 2022 /PRNewswire/ -- China on Wednesday underscored the importance of solidarity and openness at a time when the world is facing drastic changes "unseen in a century" and witnessing "major setbacks" in development.
"Despite changes in an evolving global environment, the historical trend of openness and development will not reverse course, and our shared desire to meet challenges together through cooperation will remain as strong as ever," Chinese President Xi Jinping said when delivering a keynote speech in virtual format at the opening ceremony of the BRICS Business Forum.
The forum is part of the 14th summit of BRICS, an emerging-market group that includes Brazil, Russia, India, China and South Africa. China holds the rotating presidency of BRICS this year.
Xi: Peace should be defended by all
The summit comes amid a lingering COVID-19 pandemic, sluggish world economic recovery and the Russia-Ukraine conflict, which has lasted nearly four months and exacerbated many existing problems.
Xi urged the international community to "embrace solidarity and coordination and jointly maintain world peace and stability." He stressed that hegemony, group politics and bloc confrontation only lead to wars and conflicts, citing lessons from the two world wars and the Cold War.
"The Ukraine crisis is another wake-up call for all in the world," he said. "It reminds us that blind faith in the so-called 'position of strength' and attempts to expand military alliances and seek one's own security at the expense of others will only land oneself in a security dilemma."
The international community should uphold the United Nations Charter and strive to maintain peace in a volatile world, he said.
Reiterating the Global Security Initiative he proposed earlier this year, Xi called on all countries to stay committed to the vision of common, comprehensive, cooperative and sustainable security, stay committed to respecting the sovereignty and territorial integrity of all countries, and stay committed to taking the legitimate security concerns of all countries seriously.
Xi stresses sustainable global development
Countries across the world should work together to promote sustainable global development and pursue win-win cooperation, Xi said, warning against attempts to politicize the global economy.
"Development holds the key to solving various difficult problems and delivering better lives to the people," he stressed, noting that the global development process "has hit major roadblocks."
Almost 1.2 billion people in nearly 70 countries are confronted with COVID-19, food, energy and debt crises, he said.
Xi underscored the Global Development Initiative he put forward last year, reiterating the call for all counties to implement the UN's 2030 Agenda for Sustainable Development.
The international community should deepen cooperation to safeguard food and energy security, embrace innovation, and help developing countries advance green transformation and fight COVID-19, he said.
He urged major developed countries to adopt responsible economic policies and "avoid negative policy spillovers that may take a heavy toll on developing countries."
"To politicize the global economy and turn it into one's tool or weapon, and willfully impose sanctions by using one's primary position in the international financial and monetary systems will only end up hurting one's own interests as well as those of others, and inflict suffering on everyone," he said.
China's commitment to opening-up
Xi called for a commitment to inclusiveness, openness and integration, stressing that economic globalization is an "unstoppable historical trend."
"China will continue to pursue opening-up against higher standards, develop new systems for a higher-standard open economy, and continue to foster a market- and law-based and internationalized business environment," he told the audience.
South African President Cyril Ramaphosa, Brazilian President Jair Bolsonaro, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi also addressed the opening ceremony of the forum, which was held in an online plus offline format in Beijing. About 1,000 economic and trade ministers, envoys to China and representatives from the business community were present.
The five BRICS countries represent more than 26 percent of the world's landmass, 42 percent of the global population, and about a quarter of the global gross domestic product (GDP).
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SOURCE CGTN | https://www.kxii.com/prnewswire/2022/06/22/cgtn-china-calls-solidarity-openness-world-faces-drastic-changes/ | 2022-06-22T17:17:55Z |
SAN DIEGO, April 12, 2022 /PRNewswire/ -- Phanes Therapeutics, Inc. (Phanes), an emerging leader in innovative discovery research and development in immuno-oncology, announced today that the company has been granted a patent (Patent No. US 11,299,550 B2) on its anti-CD73 antibodies by the United States Patent and Trademark Office (USPTO). The patent includes the invention of PT199, for which the company just received clearance from the US Food and Drug Administration to commence Phase I studies.
PT199 is an anti-CD73 mAb with a differentiated mechanism of action and is designed to counter the adenosine-mediated immunosuppressive tumor microenvironment. PT199 fully inhibits both soluble and membrane-bound CD73, unlike some other CD73 inhibitors which exhibit incomplete inhibition. Moreover, at higher concentrations, no loss of inhibition or "hook effect" is observed with PT199. Hence, PT199 addresses the limitations of current CD73 inhibitors and is expected to increase antitumor immune activation, and potentially offer a new treatment option for cancer patients.
The multi-center Phase I clinical trial of PT199 is designed to evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, and preliminary efficacy of PT199 alone and in combination with a PD-1 inhibitor, in patients with locally advanced or metastatic solid tumors that have progressed after all available standard therapy or for which standard therapy has proven to be ineffective, intolerable, or is considered inappropriate.
"This couldn't have come at a better time," said Dr. Ming Wang, PhD, MBA, Founder and CEO of Phanes Therapeutics. "This will be a transformational year for Phanes as we expand from a research to a clinical stage organization. We expect to file two additional INDs in 2022, both first-in-class bispecific antibody programs, and anticipate receiving more issued patents."
About Phanes Therapeutics
Phanes Therapeutics, Inc. is a biotech company focused on innovative drug discovery in immuno-oncology. Based in San Diego, California, the company's management team members previously held senior managerial and R&D positions in leading global pharmaceutical and biotech companies with extensive experience in R&D and commercialization. The company's bispecific antibody platform is PACbody™, a proprietary approach for constructing native IgG-like bispecific antibodies without using protein engineering so that the antibody molecules maintain native structures with superb CMC characteristics, SPECpair™, which allows for mAb-like manufacturability of bispecific antibodies with native IgG-like structures, and ATACCbody™, a proprietary technology for targeting solid tumors using immuno-oncology molecules with minimal risk of cytokine release syndrome,. For more information, please visit www.phanesthera.com.
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SOURCE Phanes Therapeutics | https://www.mysuncoast.com/prnewswire/2022/04/12/phanes-therapeutics-anti-cd73-antibody-patent-granted-us/ | 2022-04-12T11:40:15Z |
Milliman PPFI funded ratio at 74.0% as of June 30
SEATTLE, July 28, 2022 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its Public Pension Funding Index (PPFI), which consists of the nation's 100 largest public defined benefit pension plans.
During June, the Milliman 100 public pension funded ratio dropped from 78.4% on May 31, 2022, to 74.0% as of June 30, 2022. The drop in funding was the result of poor investment performance, with PPFI plans experiencing investment losses of 5.13% in aggregate for the month and shedding approximately $240 billion in the market value of assets.
"Public pensions have seen their funding tumble during June 2022, thanks to the continuing turmoil in financial markets," said Becky Sielman, author of Milliman's PPFI. "Combined with the normal growth in liabilities, these public pensions saw their aggregate deficit rise by $262 billion in June alone."
The market decline pushed eight plans below the 90% funded mark as of June 30, 2022; now just 19 plans still stand above this benchmark, compared to 27 on May 31, 2022, and 46 at the close of 2021.
For more information and to view the full Milliman 100 Public Pension Funding Index, go to http://www.milliman.com/ppfi/. To see Milliman's full range of annual Pension Funding Studies, go to https://www.milliman.com/en/retirement-and-benefits/pension-funding-studies. To receive regular updates of Milliman's pension funding analysis, contact us at pensionfunding@milliman.com.
About Milliman
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information, visit milliman.com.
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SOURCE Milliman, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/28/milliman-analysis-slump-june-market-causes-262-billion-drop-public-pension-funded-status/ | 2022-07-28T18:43:49Z |
DAVOS DIARY: Train, not plane means scenery, carbon cutting
By KELVIN CHAN
Associated Press
DAVOS, Switzerland (AP) — If you’re coming to Davos this year, try to take the train instead of flying, organizers of the World Economic Forum said.
So I did.
That meant a 12-hour journey from London to the exclusive gathering in the Swiss Alps, which I’m helping cover for The Associated Press.
Taking a train is much less convenient than a plane, but the scenery made up for it — the rolling farm fields of England and France gave way to Switzerland’s towering mountains and idyllic valleys dotted with chalets. And my carbon footprint will be a lot lower than a flight.
To many, Davos conjures up images of government leaders, billionaire elites and corporate titans jetting in on carbon-spewing private planes even as the meeting increasingly focuses on climate change.
Organizers have been stung by such criticism, even dedicating a webpage in past years to debunk those claims. Encouraging European attendees to come by train is part of their efforts to burnish the event’s sustainability credentials amid criticism it’s merely a talking shop that doesn’t produce systemic change.
I’m not the first to go by train. Swedish climate activist Greta Thunberg famously took a 32-hour train ride to get to the Davos meeting in 2019, where she astonished participants with a fiery speech. I’m also riding a broader wave of traveler interest in train trips over short-haul flights tied to climate guilt.
My journey begins at London’s St. Pancras International train station, where I board the high-speed Eurostar that whisks me through a tunnel under the English Channel to Paris in about two and a half hours. There I take a short metro ride to another train station for the next four-hour leg to Zurich.
By plane, I would have been crammed on a discount flight from London’s Gatwick Airport for the hour and 40-minute flight to Zurich, the closest airport to Davos.
But for those who don’t live in Europe, a plane ride is unavoidable. And to speed up my trip after days of back-to-back speeches from government leaders and sessions about decarbonization, the global economic outlook and the impact of Russia’s war in Ukraine, that’s how I’ll be traveling home.
Aboard the French high-speed TGV train, the first-class seats are comfy and spacious and the upper deck view offers pleasant scenes of the countryside whizzing by at 320 kilometers an hour (about 200 mph).
If I had flown, my 870-kilometer trip would have emitted up to 197 kilograms (434 pounds) of carbon dioxide per passenger into the atmosphere.
The same trip by train would contribute a fraction of that amount — 12.2 kilograms, according to ecopassenger.org.
World Economic Forum officials say climate is a priority for this year’s meeting and tout its green credentials.
“The overwhelming majority of participants arrive by shuttle or by train, and emissions in Davos actually go down during the week of the meeting,” forum Managing Director Adrian Monck told reporters ahead of the event, without elaborating.
Organizers say that since 2017 they have offset 100% of the carbon emissions from the group’s activities by supporting environmental projects in Switzerland and elsewhere. Experts say offsets can be problematic because there’s no guarantee they’ll deliver on reducing emissions.
The forum also can provide sustainable jet fuel at Zurich’s airport for those who take private jets.
“It’s probably one of the most sustainably organized meetings in the world, if not the most sustainable,” Monck said.
High-profile attendees include U.S. climate envoy John Kerry, Ugandan climate activist Vanessa Nakate and Alok Sharma, head of last year’s U.N. climate conference, COP26.
Kerry, who has been criticized for his use of a private jet belonging to his wife’s family, will be traveling by commercial plane to the Davos meeting, his spokesperson said.
Sharma, a British lawmaker who drew flak last year for his frequent flights, will travel by plane and train.
“Carbon emissions associated with the COP President’s travel will be offset for the Presidency year,” the U.K. government said, without providing further details.
Nakate declined to comment on her travel.
Aviation accounts for about 2% of global carbon emissions.
The World Economic Forum has acknowledged that “from an environmental perspective, taking a private jet is the worst way to travel to Davos.”
Private jets emit about 10 times the carbon dioxide per person that commercial flights do and about 50 times more than an equivalent train journey, said Jo Dardenne, aviation manager at Brussels-based climate policy group Transport & Environment.
Jet engines also spew soot and nitrous oxide, which contributes to pollution around airports and heat-trapping atmospheric contrails, she said.
Sustainable jet fuel is a step in the right direction, depending on the source, but carbon offsetting deserves more skepticism because of concerns such as double counting, she said.
“It’s just especially a bit socially and politically unfair for some sectors to continue to rely on offsetting instead of actually reducing their emissions,” while others face pressure to reduce their climate impact, Dardenne said.
Eymeric Segard, CEO of Swiss private jet chartering company LunaJets, said some VIPs have no other choice than to fly private.
“Because of their visibility and fact that everybody knows them, they just cannot take a commercial aircraft,” he said.
“Some don’t have three weeks free to take sailboats to cross the Atlantic like our friend Greta. So what’s the alternative?”
Segard declined to discuss how much demand he’s seeing for travel to Davos but said his company, which acts like a taxi dispatcher for private jets, tries to reduce carbon emissions by looking for “empty leg flights,” which have already been chartered but have extra seats.
Not only is it cheaper but “the planet is happy because anyway the plane was gonna fly, so at least we put someone on it,” he said.
From Zurich’s main train station, I change again, this time boarding a slower local train. This is where most people can’t avoid rail as they head to Davos, which doesn’t have an airport, unless they take a shuttle or helicopter from Zurich or two other small nearby airports.
Fashionably dressed people hauling expensive-looking luggage climbed aboard, mentioning to others what panels they’re part of in Davos.
The train skirts Lake Zurich and heads into the mountains. After another quick change at a local station, I’m down to my last hour, and the scenery becomes more impressive with each mile.
The narrow-gauge train trundles through steep valleys and alongside whitewater rivers, overshadowed by forested peaks with chalets scattered on grassy lower slopes until arriving in Davos. Here my journey ends but my work for the week begins.
___
Kelvin Chan is an AP business writer in London. Follow him at http://twitter.com/chanman. | https://localnews8.com/news/ap-national-business/2022/05/22/davos-diary-train-instead-of-plane-scenery-carbon-cutting/ | 2022-05-22T18:14:44Z |
HERO: Pizza delivery driver risks life to save children from burning home
LAFAYETTE, Ind. (WLFI) – A pizza delivery driver is being hailed a hero for risking his own life to save a family from a house fire.
Nick Bostic was in the right place at the right time when he passed by a house in flames after midnight on July 11 and quickly jumped into action.
Bostic ran into the home to tell the family to get out. Four children and their 18-year-old sister were inside the home at the time.
“I told them to get out, and they followed me down the stairs and out the house, and at the back door I asked if there was anybody else left, they said there was a child in there,” Bostic said.
He then ran back into the burning home to find the 6-year-old child. Once the child was found, they had to exit through an upstairs window. Bostic punched the glass out with his fist.
“I recall seeing flames through the window as I was punching it out,” he said.
With the child in his arms, Bostic jumped from the second story window, sustaining multiple injuries. He has multiple deep cuts, a possible severed tendon, blistered hands, and severe smoke inhalation.
Doctors had to remove a good amount of soot from his lungs.
Despite his injuries, Bostic said he is just happy he was there to help that night.
“This temporary pain, oh yeah, it’s so worth it, it’s worth every bit,” he said.
Copyright 2022 WLFI via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/19/hero-pizza-delivery-driver-risks-life-save-children-burning-home/ | 2022-07-19T15:52:39Z |
Lifeguard bitten by shark during training exercise
SHIRLEY, N.Y. (WCBS) – Zachari Gallo was participating in a training exercise with fellow lifeguards when he was bitten by a shark.
“I felt a sharp, sharp pain and once I felt the rubbery texture, I knew it was some kind of shark,” Gallo said.
The lifeguard said he was bitten in the hand and chest. He wrestled the shark to get away.
“I hit the shark three times,” Gallo said. “I guess in the third one it spun back and its tail hit me in the chest.”
Gallo said he received stitches on his chest and was released from the hospital.
He’s grateful to be home recovering with his wife and baby.
“The most important thing is to respect the ocean,” Gallo said. “Respect that there are creatures out there and always swim by a lifeguard because you know they will be there to help if there’s a situation.”
Copyright 2022 WCBS via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/04/lifeguard-bitten-by-shark-during-training-exercise/ | 2022-07-04T15:43:14Z |
Mike Stringile Named International Sales Director
DENVER, Aug. 9, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company" or "CryoMass") (OTCQX: CRYM) welcomes Mike Stringile to lead its worldwide sales team as it prepares to launch its first commercial installation next month in Monterey, California. Mr. Stringile brings unsurpassed cannabis industry extraction knowledge and sales experience to CryoMass.
Mike began his extraction career working in the oil and gas industry in Fort McMurray, Alberta, where he was immersed in the complex world of extracting hydrocarbons from oil sands. After spending more than seven years honing his technical knowledge of hydrocarbon extraction processes, Mike was given the opportunity to apply his extraction expertise to the burgeoning new cannabis industry.
In November 2018, Mr. Stringile joined an upstart C02 extraction company based in Kelowna, British Columbia, called Vitalis Extraction Technologies. It didn't take long for Mike's expertise to pay off. Mike integrated his oil and gas industry knowledge into the design of their extractors, which resulted in the development of industry-leading C02 extractors for the cannabis industry. Simultaneously Mike built an ancillary sales department that did much more than sell extractors; it sold much-needed extraction knowledge and process integration expertise to cannabis companies. In the first 18 months, Mike's sales division generated more than $18 million in revenues for Vitalis.
Then in March 2020, during the Covid lockdowns, Mr. Stringile co-founded AGMS Solutions Inc., which continues to provide a comprehensive suite of extraction-oriented consulting services to the cannabis industry. AGMS quickly developed a worldwide network of cannabis cultivators, extractors, and finished goods producers seeking to avail themselves of advanced and customized extraction solutions.
CryoMass Director and CEO Christian Noël stated, "Having someone with both the technical extraction expertise and proven sales experience that Mr. Stringile possesses is extremely rare in today's cannabis industry. I am extremely confident that between Mike and our current Director of U.S. Sales, Steve Cimini, we have the perfect team to rapidly build an international sales and toll-partnering network that generates millions of dollars of revenues."
Mr. Stringile, commenting on his appointment, stated, "I am extremely excited about the opportunity to lead the development and deployment of a robust international sales effort for CryoMass. I've seen just about everything there is to see when it comes to extraction technologies and when I understood what these guys were up to, I immediately thought of just one thing… this will change everything. And the beauty of this must-have technology is that it is patent-protected until 2038. I see this as a major game changer for the entire industry – globally."
The common stock of CryoMass Technologies Inc. trades on the OTC QX market under the symbol CRYM. For further information, please contact the Company by email at investors@cryomass.com or by telephone at +1 833 256 2382.
This press release is not an offer of securities, or a solicitation for purchase, subscription or sale of securities in the United States of America or in any other jurisdiction in which it would be unlawful to do so.
This press release may contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 that involve known and unknown risks, uncertainties and other factors, including risk factors identified in the Company's SEC filings, and 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 the forward-looking statements. Risks and uncertainties include, without limitation, changes in the regulatory environment affecting the sale and use of cannabis or hemp products and of other, potential lines of businesses that the Company will consider entering at a given time, demand for the Company's products, internal funding and the financial condition of the Company, product roll-out, competition, our dependence upon our commercial partners, variations in the global commodities markets and other commercial matters involving the Company, its products and the markets in which the Company operates or seeks to enter, as well as general economic conditions. The forward-looking statements in this press release are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Marijuana, as defined in the U.S. Controlled Substances Act, remains a Schedule I drug under the respective act, making it illegal under federal law in the U.S. to, among other things, cultivate, distribute or possess cannabis. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the U.S. may form the basis for prosecution under applicable U.S. federal money laundering legislation. Please carefully review the Company's SEC filings with respect to related risk factor.
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SOURCE CryoMass Technologies Inc | https://www.mysuncoast.com/prnewswire/2022/08/09/cryomass-technologies-appoints-top-extractor-sales-veteran-lead-global-sales-just-ahead-california-product-launch/ | 2022-08-09T12:07:39Z |
AP Source: Mbappé to stay at PSG after rejecting Real Madrid
By ROB HARRIS and JEROME PUGMIRE
AP Sports Writers
PARIS (AP) — Kylian Mbappé is set to stay at Paris Saint-Germain after again turning down the chance to join Real Madrid. A person with knowledge of the deal told The Associated Press the France forward has agreed to a three-year contract extension that is close to being signed. They spoke on condition of anonymity because they were not authorized to discuss the contract talks publicly. The 23-year-old Mbappé’s contract is expiring in June and he would have been available on a free transfer. | https://localnews8.com/sports/ap-national-sports/2022/05/21/mbappe-set-to-sign-new-psg-contract-after-rejecting-madrid/ | 2022-05-21T14:58:33Z |
Study results will help address gaps in equity and inform best practices to meet the needs and preferences of minority parents.
WASHINGTON, April 21, 2022 /PRNewswire/ -- Today, maternal and pediatric health technology company Pacify and the RAND Corporation are announcing the launch of the first fully-powered, randomized controlled study evaluating the impact of telelactation on breastfeeding outcomes. The study is actively recruiting participants through pregnancy apps.
"Our research team, which includes researchers at RAND and the University of Pittsburgh, is thrilled to launch this trial in partnership with Pacify," said Lori Uscher-Pines, Ph.D., a senior policy researcher at the RAND Corporation who is leading the study. "Telelactation has the potential to improve access to professional breastfeeding support and improve the breastfeeding experience. Through a large randomized trial, we can provide key evidence on the impact of telelactation on breastfeeding rates."
RAND Corporation researchers will also explore how instantaneous telelactation support can improve the patient experience for parents, and how that experience varies across different racial and ethnic groups. The goal of the study is to ultimately use the results to improve patient experience, breastfeeding initiation, duration and exclusivity rates and health equity among new parents.
"The study is an innovative digital trial that allows breastfeeding parents to participate virtually, without leaving their homes," Uscher-Pines said. "This design will allow us to recruit more than 2,000 participants rapidly and to reach disadvantaged populations which are typically underrepresented in clinical trials."
For this study, the RAND Corporation is recruiting participants through Ovia Health's digital platform. The study is targeting study participants in the 17 states that have fewer than three board-certified lactation consultants per 1,000 births, and are therefore classified as underserved by Centers for Disease Control and Prevention.
About half of the participants in the study will receive access to Pacify's 24/7 video lactation support. The control group will receive the standard of care, which is in-person consults at the hospital and access to an informational ebook.
"We are bringing nearly a decade of experience providing maternal and pediatric telehealth services to this study," said Pacify CEO George Brandes. "We have always believed in data-backed strategies that improve clinical care and address health disparities. We are honored to partner with such an internationally renowned organization as the RAND Corporation on this research, and excited for the results to help us provide new parents the care they need when and where they need it."
The study builds on a feasibility study completed in 2019 and published in multiple peer-reviewed journals that demonstrated that telehealth is a viable option for women in rural areas. The previous study included over 200 participants from rural Pennsylvania. Participants in that study who used the Pacify app were more likely to breastfeed at 12 weeks than the control group (73% vs. 68%) and showed a higher rate of breastfeeding exclusivity (56% vs. 45%.) Moreover, 91% of participants who used Pacify said they were satisfied with the help they received.
During the COVID-19 pandemic, telehealth grew increasingly popular as a means of delivering care. In fact, 95% of health centers funded by the Health Resources and Services Administration (HRSA) reported using telehealth during the pandemic, compared to 43% in 2019. But HRSA data also shows that rural areas in the U.S. struggled to provide telehealth services due to barriers such as lack of broadband access and others.
People interested in learning more about this study or participant eligibility should visit the study page on www.clinicaltrials.gov.
About Pacify
Pacify provides 24/7 infant feeding support to new and expecting parents. Pacify's nationwide network of IBCLCs and registered nurses help families within minutes, resulting in reduced costs and improved outcomes for clients across the public health sector such as WIC, Departments of Health, home visiting programs, managed care organizations, hospitals, non-profit organizations and employers. Learn more about Pacify by visiting their website: https://www.pacify.com/.
About the RAND Corporation
The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous.
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SOURCE Pacify Health | https://www.wibw.com/prnewswire/2022/04/21/pacify-amp-rand-corporation-launch-first-fully-powered-study-telelactation-health-outcomes/ | 2022-04-21T14:27:15Z |
Matching Top Physicians, Dentists, and Advanced Practice Professionals With The Best Healthcare Employers
CONCORD, Calif., July 20, 2022 /PRNewswire/ -- TheraEx Staffing Services, a leading name in healthcare staffing solutions, is pleased to announce the launch of its new sister company, TheraEx Locums. The new division will offer a full range of staffing services for healthcare providers and Locum Tenens Physicians and Advanced Practice professionals throughout the U.S.
The employment of Locum Tenens services is increasing as the demand for Physicians and Advanced Practice professionals accelerates. Locum Tenens staffing agencies provide long-term clinical support for hard-to-find physician roles and offer talent to fill short-term staffing gaps caused by vacation or illness.
As a partner to both clinicians and healthcare facilities nationwide, TheraEx Locums has a best-in-class team that delivers 24/7 support and personalized amenities to ease the burden of Locums. From full-service surgical centers to private medical clinics and everything in between, these facilities need the right clinicians in the right roles to ensure positive patient outcomes.
"TheraEx Locums focuses on one thing: Locum Tenens staffing. Our goal is to serve medical facilities such as inpatient and outpatient clinics, surgery centers, private practices, and more by providing world-class healthcare staffing services. Our mission is to do it while upholding our core values of customer service, honesty, and transparency."
Whether you are a seasoned healthcare professional or just starting in the Locum Tenens job market, TheraEx Locums has the Locum Tenens experience and resources to find you the perfect Locum Tenens job opportunity; quickly and efficiently.
To learn more about TheraEx Locums, please visit: https://www.theraexlocums.com/
About TheraEx Locums
TheraEx Locums is a medical staffing agency dedicated to matching experienced healthcare professionals with top medical facilities. The Locum Tenens teams are strategically matched to some of the leading facilities in the country, bridging the gap between demand and top-tier medical care. Providers and Advanced Practice Professionals in the network can earn extra income and participate in meaningful work that matters. Founded in 2022 by Rey Rivera, President, and Crystal White, Director of Operations, TheraEx Locums is transforming the medical workforce from the inside out.
Website: https://www.theraexlocums.com/
Facebook: https://www.facebook.com/TheraExLocums
Instagram: https://www.instagram.com/theraex_locums/
Twitter: https://twitter.com/TheraExLocums
For more information or press inquiries, please contact Rey Rivera, President, or Crystal White, Director of Operations at (866) 440-2445.
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SOURCE TheraEx Locums | https://www.wibw.com/prnewswire/2022/07/20/theraex-staffing-services-announces-launch-its-new-sister-company-theraex-locums/ | 2022-07-20T21:43:53Z |
CUMMING, Ga. , June 3, 2022 /PRNewswire/ --
G'day,
Our team at SpiritsUSA set out to merge a 21st Century approach along with an age-old way of distilling and what we've accomplished in a short amount of time with our Legends of Georgia Distillery line of spirits has proven above and beyond that we are on the cusp of something truly amazing.
Legends Distillery has become one of Georgia's fastest growing distilleries in our state's history with over 42 awards earned including prestigious accolades such as Best in Class Platinum, Double Platinum, Double Golds, Vodka of the Year and most recently earning the Consumers' Choice Award at the 2022 SIP Awards.
Our Legends 115 Wheated Bourbon was voted "Best Wheated Bourbon in the Country" at the Ascot Awards, which for any major brand would be an amazing accomplishment, let alone a micro distillery based out of Cumming, GA…speaks volumes!
We achieved this by sourcing the best available spirits and finishing them with our patented "Quantum Purity" technology, reducing 50-70% of the impurities in alcohol which naturally occurs during the distilling process, allowing for full flavor of our spirits to shine whilst reducing the burn, arguably making our Legends spirits the smoothest and purest brand in the market today.
I stand by message, and I ask you to give our Local and Award-Winning Legends of Georgia a try and welcome you to 'TAKE THE LEGENDS CHALLENGE!'
Our Legends Vodka vs your go-to brand and post your results on social media, tag us at @Legends_Spirits with the hashtag #takethelegendschallenge. I am confident you will agree, our Georgia Vodka is the smoothest vodka you will ever taste.
As an immigrant and proud American Citizen, I say on every one of my bottles 100% American Owned (some with accents) and continue to embody the American Dream of moving to this great country and thrive under the red, white, and blue of our nations flag.
As I always believe , enjoy life to the fullest, give back to your community and protect your family.
Cheers,
Michael Gerard – Managing Partner/Founder
www.SpiritsUSA.com
mg@spiritsusa.com
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SOURCE Spirits of the USA | https://www.kxii.com/prnewswire/2022/06/03/message-ceo-local-amp-award-winning-legends-distillery-georgia-is-taking-major-brandsand-winning/ | 2022-06-03T22:20:09Z |
Delivers immediate results for businesses with recurring customers and daily variations in deliveries
First to power multi-depot planning so businesses can centralize and build routes for more than one distribution center at a time and reduce trucks on the road
CAMPBELL, Calif., June 29, 2022 /PRNewswire/ -- DispatchTrack, the leading solution provider of right-time delivery management software, today announced the availability of its hybrid routing solution which combines static planning and dynamic routing to dramatically improve speed and efficiencies while ensuring delivery windows are met. The solution gives businesses the ability to preserve regular route schedules while also maximizing daily delivery capacity.
DispatchTrack's hybrid routing capabilities enable businesses to proactively address obstacles by enabling users to build domain knowledge and unique business or customer constraints into the system, then dynamically plan around those set factors. With hybrid routing, users can maximize capacity, consistently meet delivery time windows, quickly and easily adapt to market volatility, and factor customer tiers into routes.
Existing routes can be quickly adjusted based on new orders, exceptions, or other unknown variables that arise on the day of delivery. All adjustments, including new stops or changes to existing orders, are optimized in real-time based on established business parameters.
Dispatchers are given the ability to:
- Route new stops around recurring commitments and anchor customers without sacrificing efficiency.
- Easily prioritize customers based on expected revenue tiers.
- Maximize the capacity of union drivers by default and then dynamically utilize contractors based on capacity needs.
- Pin stops to a particular day or time and let the route optimization tool fill in other stops around them.
- Designate specific equipment types or sizes for individual routes.
The solution is also the first of its kind to power multi-depot planning so businesses can centralize and build routes for more than one distribution center. Within a single tab, users receive a holistic view of all their distribution centers including costs associated with serving each customer. It's easy to consolidate routes and move inventory from one distribution center to another to further reduce trucks on the road.
"Our hybrid routing solution is future-proofing last mile logistics for our customers with unprecedented speed and three times the efficiency,'' said Satish Natarajan, DispatchTrack co-founder and CEO. "It's the best of both worlds: stability for recurring orders and the agility required to respond to volatility. Multi-depot planning provides unparalleled visibility and predictability so users can address what-if scenarios and fulfill every single customer promise."
"Since partnering with DispatchTrack, we have been able to implement our static planning tools to codify our dispatchers' specialized knowledge and create daily skeleton routes, then dynamically add and adjust stops to those routes as needed," said Luis Porto, Director, Operations Development at Quirch Foods, a food distribution company servicing ethnic and national grocers as well as foodservice distribution customers across the U.S. "DispatchTrack's hybrid routing allows us to create more efficient routes in radically less time. And the results were immediate. We boosted our route efficiency, which translated into immediate savings."
- Precise Planning - Build static routes around recurring deliveries while also accommodating new stops which can be filled in around existing stops.
- Flexibility - Optimize routes efficiently and cost-effectively by enabling organizations to meet the needs of their top customers flexibly.
- Fleet Optimization - Maximize the capacity of each truckload to improve utilization, deliver more stops per day, and save money without missing delivery windows.
- Multi-Depot Routing - With full visibility into a customer's various distribution centers, DispatchTrack consolidates routes from multiple distribution centers to reduce the number of routes or trucks needed.
- Right-Time Delivery - Ensure each delivery is delivered at just the right moment for customers, not early or late, with 98% accuracy
More information on DispatchTrack's hybrid routing solution can be found here.
About DispatchTrack
DispatchTrack is the leading solution provider of right-time delivery management software, helping top brands around the globe power successful deliveries 180 million times a year. Since 2010, DispatchTrack's scalable SaaS platform has made delivery organizations more connected, agile, and intelligent using highly-configurable capabilities designed to empower better delivery management from end to end. Our proprietary AI-powered routing algorithm ensures 98% ETA accuracy in last mile deliveries, and we're constantly innovating to improve performance and better serve our 2,000+ global customers, including Wal-Mart, Coca-Cola, Ashley, Ferguson Enterprises, Cargill, McCain Foods, and many others. When businesses make promises to their customers—DispatchTrack makes sure they deliver.
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SOURCE DispatchTrack | https://www.mysuncoast.com/prnewswire/2022/06/29/dispatchtrack-launches-hybrid-routing-solution-combining-static-dynamic-routing-strengthen-efficiencies-future-proof-last-mile/ | 2022-06-29T14:09:08Z |
It might be time to check the authenticity of your new luxury watch.
US Customs and Border Protection (CBP) officers in Indianapolis seized two shipments of counterfeit Rolex watches on April 27 and 29. The fake luxury watches would have had a total value of $10.1 million if real, according to a news release from CBP.
Both shipments had originated in Hong Kong and were destined for Brooklyn, New York, the CBP said. The agency was tipped off by intelligence gathering and a history of fraudulent shipments from the same vendor -- which triggered them to detain and inspect the two April shipments, the CBP said.
The April 27 shipment contained 300 counterfeit Rolex watches and the April 29 shipment had 160 counterfeit Rolex watches, according to the news release.
"No one buys a luxury brand watch expecting it to fail or fall apart," LaFonda Sutton-Burke, CBP's Chicago director of field operations, said in the news release.
"As consumers increasingly purchase from online or third party vendors, our officers are at the frontline to guard against defrauders expecting to make money selling fake merchandise."
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accounts, the history behind an article. | https://www.albanyherald.com/news/customs-seized-over-10-million-worth-of-counterfeit-rolex-watches/article_a32869da-2e2c-5db9-b747-ee5dcf7a06e6.html | 2022-05-07T05:49:41Z |
Sri Lanka is in an economic crisis. Here’s what it’s like for people on the ground
By Rukshana Rizwie, Iqbal Athas and Julia Hollingsworth, CNN
For three straight nights last week, Upul took to the streets of Sri Lanka’s capital city holding a candle or a placard as he protested the country’s worst economic crisis in decades.
Like his neighbors, he was frustrated by the more than 10-hour power cuts that plunged Colombo into darkness, and a shortage of gas to cook with that made it hard for his family to eat.
Then on Thursday — the fourth night — the protest turned violent.
Furious demonstrators hurled bricks and started fires outside Sri Lankan President Gotabaya Rajapaksa’s private residence, as police used tear gas and water cannons to break up the protests.
“People were visibly angry, shouting,” said Upul, who asked only to be referred to by his last name for fear of repercussions. “Earlier (in the week) they demanded the President to step down, (on Thursday) they were yelling and calling him names.”
For weeks, Sri Lanka has been battling its worst economic crisis since the island nation gained independence in 1948, leaving food, fuel, gas and medicine in short supply, and sending the cost of basic goods skyrocketing.
Shops have been forced to close because they can’t run fridges, air conditioners or fans, and soldiers are stationed at gas stations to calm customers, who line-up for hours in the searing heat to fill their tanks. Some people have even died waiting.
But Thursday night marked an escalation in Sri Lanka’s ongoing economic crisis.
Following the protests, the police imposed a curfew and the President ordered a nationwide public emergency, giving authorities powers to detain people without a warrant. On Saturday evening, Sri Lanka declared a nationwide 36-hour curfew, effectively barring protests planned on Sunday — but protests went ahead Saturday anyway.
Meanwhile, the government is seeking financial support from the International Monetary Fund (IMF) and turning to regional powers that may be able to help.
But there is brewing fury inside Sri Lanka — and experts warn the situation is likely to get worse before it gets better.
Days spent waiting in line
For weeks, life in Sri Lanka has involved hours of queuing — just to get basic goods needed to survive.
“Our daily life has been reduced to standing in a queue,” said Malkanthi Silva, 53, as she leaned on a worn blue gas cylinder in Colombo’s baking heat, where she had already been waiting for hours for the propane she needs to cook to feed her family. “When we need milk powder, there’s a queue for that, if we need medication there’s another queue for that.”
Though the situation is now particularly acute, it’s been years in the making.
“30% is misfortune. 70% is mismanagement,” said Murtaza Jafferjee, chair of Colombo-based think tank Advocata Institute.
For the past decade, he said, the Sri Lankan government had borrowed vast sums of money from foreign lenders and expanded public services. As the government’s borrowings grew, the economy took hits from major monsoons that hurt agricultural output in 2016 and 2017, followed by a constitutional crisis in 2018, and the deadly Easter bombings in 2019.
In 2019, the newly elected President Rajapaksa slashed taxes in an attempt to stimulate the economy.
“They misdiagnosed the problem and felt that they had to give a fiscal stimulus through tax cuts,” Jafferjee said.
But while President Rajapaksa was new to the role, he wasn’t new to government.
As defense minister under the leadership of his elder brother, Rajapaksa oversaw a 2009 military operation that ended a 26-year civil war with the Liberation Tigers of Tamil Eelam (LTTE). The United Nations opened an investigation last year into allegations of war crimes committed by both sides.
After winning the presidential election, Rajapaksa appointed his brother, former President Mahinda Rajapaksa, as Prime Minister and filled dozens of government roles with serving or former military and intelligence personnel, according to the UN. Their younger brother, Basil Rajapaksa, was later appointed finance minister.
In 2020, the pandemic hit, bringing Sri Lanka’s tourist-dependent economy shuddering to a halt as the country shut its borders and imposed lockdowns and curfews. The government was left with a large deficit.
Shanta Devarajan, an international development professor at Georgetown University and former World Bank chief economist, says the tax cuts and economic malaise hit government revenue, prompting rating agencies to downgrade Sri Lanka’s credit rating to near default levels — meaning the country lost access to overseas markets.
Sri Lanka fell back on its foreign exchange reserves to pay off government debt, shrinking its reserves from $6.9 billion in 2018 to $2.2 billion this year, according to an IMF briefing.
The cash crunch impacted imports of fuel and other essentials, and in February Sri Lanka imposed rolling power cuts to deal with the fuel crisis that had sent prices soaring, even before the global crunch that ensued as Russia launched an unprovoked invasion of Ukraine.
Last month, the government floated the Sri Lankan rupee, effectively devaluing it by causing the currency to plunge against the US dollar.
Jafferjee described the government’s moves as a “series of blunder after blunder.”
Prime Minister Mahinda Rajapaksa told CNN Saturday that the Finance Minister and his team were working around the clock to put the economy right. He said it was wrong to say the government mismanaged the economy — instead, Covid-19 was one of the causes.
Previously, the President said he is attempting to resolve it.
“This crisis was not created by me,” Rajapaksa said during an address to the nation last month.
An impossible situation
The unfolding situation in Sri Lanka has made it incredibly challenging to earn money — and even getting to work can be a major obstacle for some.
Auto rickshaw driver Thushara Sampath, 35, needs fuel to work so he can feed his family. But both fuel and food are being rationed, and prices are soaring — the cost of bread has more than doubled from 60 rupees ($0.20) to 125 rupees ($0.42), he said.
Ajith Perera, a 44-year-old auto rickshaw driver, also told CNN he can’t survive on fuel rations.
“With the liter or two we receive, we cannot run hires and earn a living,” said Perera, with tears in his eyes. “Leave alone looking after my mother, wife and two children, I cannot pay the installment for my taxi to the finance company,” he said.
For many, it’s an impossible situation — they can’t afford not to work, but they also can’t afford not to join long lines for basic goods.
Kanthi Latha, 47, who sweeps roads for a living to feed her two young sons, says she quietly slips away from work to join shorter lines for food before hurrying back.
“I cannot afford to take the day off, if I do I may lose my job,” said Latha.
Before the economic crisis, Sivakala Rajeeswari says her husband worked as a construction worker. But with the price of building materials spiking, people are reluctant to undertake even the most basic construction work, she said.
Rajeeswari, 40, says she can still earn a living doing chores at people’s homes, but for the past few days she’s had no time to do anything but wait in line. “I have not had the chance to go and work anywhere,” she said. “When will this misery end?”
Even members of the middle class with savings are frustrated.
Upul, the protester, earns a decent wage in a professional job, but says he still can’t access essentials he needs for his family. He has enough medicine to treat everyday headaches, pain and fever for now, but he worries about running out.
His family has switched to induction cooking to cut down on the use of gas but frequent power cuts make even doing difficult.
“Neither I nor my family or every other person in Sri Lanka deserve this,” he said. “We’ve never been this poor even with all the money we saved and earned.”
What happens next
Sri Lanka is now looking for outside help to ease the economic turmoil — the IMF, India and China.
During last month’s address, President Rajapaksa said he had weighed the pros and cons of working with the IMF and had decided to pursue a bailout from the Washington-based institution — something his government had been reluctant to do.
“We must take action to fill this deficit and increase our foreign exchange reserves. To this end, we have initiated discussions with international financial institutions as well as with our friendly countries regarding repayment of our loan installments,” Rajapaksa said on March 16.
In a news conference Thursday, IMF spokesperson Gerry Rice told reporters: “The Sri Lankan authorities have expressed interest in an IMF-supported financial program.
“We plan to initiate those discussions pretty much in the coming days, and that will include during the expected visit of the finance minister of Sri Lanka to Washington for our spring meetings in April.”
Sri Lanka has also requested help from China and India, with New Delhi already issuing a credit line of $1 billion, India’s External Affairs Minister Dr. S. Jaishankar tweeted on March 17.
But that would just be “kicking the can down the road,” said Jafferjee, from the Advocata Institute. “This is prolonging the crisis.”
Paikiasothy Saravanamuttu, executive director of the Colombo-based Center for Policy Alternatives, worries people’s frustration with the government could escalate.
“It’s obviously going to have to get a lot worse before it gets better Saravanamuttu said. “There’s a lot of hate and anger against the President and the cabinet. Government lawmakers are afraid to face constituents.”
There’s still so much uncertainty around what comes next — national consumer price inflation has almost tripled from 6.2% in September to 17.5% in February, according to the country’s central bank.
“The prices of essentials are changing every day,” said Silva, as she lined-up in Colombo. “The price of rice yesterday is not the price we will buy tomorrow.”
Thursday’s protests — and the developments since — also raise the possibility of worse things to come.
Upul, the protester, says he has been demonstrating on behalf of all Sri Lankans. But the new emergency rules make him worried.
“I have been taking part in these protests and even though I was injured, I was not discouraged,” he said. “But now, with the new regulation, I am afraid.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/02/sri-lanka-is-in-an-economic-crisis-heres-what-its-like-for-people-on-the-ground/ | 2022-04-03T03:35:08Z |
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- High-quality calls with 6-mic call technology and wind noise reduction
- Fine-tuned 6mm speakers for powerful sound
- Up to 7 hours play time, and up to 28 hours with Qi-certified wireless charging case
- Stay connected with 2 devices at once with Bluetooth® Multipoint connectivity and easy pairing with Google Fast Pair* and Microsoft Swift Pair*
- Access Alexa or Google Assistant completely hands free
- Compact fit designed for all-day comfort and IP55-rated durability against dust and water
BERLIN, Sept. 1, 2022 /PRNewswire/ -- IFA -- Today, Jabra, leader in personal sound and office solutions, introduces the newest addition to its true wireless range, the Jabra Elite 5. The all-round hero is made for those needing to take calls anywhere and is perfect for enjoying media during leisure. These earbuds help people escape a busy day and immerse themselves into media or connect with friends and family on-the-go with the touch of a button.
The Jabra Elite 5 makes it possible for individuals to fully focus on the task at hand with new Hybrid Active Noise Cancellation (ANC), powered by the Qualcomm QCC3050 Bluetooth chipset. The Hybrid ANC uses feedback microphones on the inside of the ear, and feedforward microphones on the outside. The ANC performance is therefore less sensitive to how you position the buds in the ear and it ensures a more reliable noise cancellation across a wider range of frequencies.
In addition, the Jabra Elite 5 enables individuals to take calls with confidence thanks to 6-microphone call technology with external mics that are active all the time, and internal ones giving your voice a helping hand when it's windy. When wearing the earbuds, you will experience excellent sound from 6mm speakers and Qualcomm® aptX™ Audio, AAC and SBC codecs. We've also teamed up with Spotify to offer users Spotify Tap Playback.
For those seeking a sleek, portable earbud design, they need to look no further than the Elite 5. The earbuds offer a discreet, comfortable, and compact fit. They provide not only a fashionable appearance, but also a seamless experience by connecting to devices and apps easily, facilitating work and play from anywhere. This enhanced connectivity is supported by Bluetooth Multipoint, Google Fast Pair*, Microsoft Swift pair*, Google Assistant**, and Alexa Built-In activated through voice.
Even after the 7hrs play time with ANC on (28hrs with case) these earbuds offer, they still provide an all-day wearing comfort. The Elite 5 doesn't stop there – the buds also deliver a customizable EQ, and can handle rain or shine, as they boast an IP55 durability rating.
Calum MacDougall, SVP at Jabra said: "Today's fast-paced society is decreasing attention spans whilst increasing the potential for distraction, making it more and more difficult to zone in on what's important. Jabra understands this need and has engineered the Jabra Elite 5, offering the chance to truly focus, connect and call with a clear mind. This all-rounder is perfect for those who want to immerse themselves in music, are socially oriented and virtually connected."
Jabra Elite 5 key features and specifications:
- Hybrid Active Noise Cancellation (ANC) blocks more background noise, powered by the Qualcomm QCC3050 Bluetooth SoC
- 6-microphone call technology with wind noise suppression
- Powerful 6mm speakers for goosebump-inducing, heart-racing, soaring sound
- Customizable EQ and Spotify Tap Playback
- Up to 7 hours play time with ANC on (up to 28 hours with wireless charging case)
- Qualcomm® aptX™ Audio
- Google Assistant** and Alexa Built In for hands-free assistance on-the-go
- Easy pairing with Google Fast Pair* and Microsoft Swift Pair*
- Bluetooth Multipoint keeps you connected to two devices at once
- IP55-rated protection against dust and water
Elite 5 pricing and availability
The Jabra Elite 5 is available in selected retailers, MSRP ($149/£149/€149).
Find out more about Jabra Elite 5 at www.jabra.com/elite
* Google Fast Pair compatible with Android OS 6.0 or higher. Microsoft Swift Pair compatible with Windows 10 or higher.
**Android only
NOTES TO EDITORS
About Jabra
Jabra is a world leading brand in audio, video, and collaboration solutions – engineered to empower consumers and businesses. Proudly part of the GN Group, we are committed to letting people hear more, do more, and be more than they ever thought possible. Jabra engineering excellence leads the way, building on 150 years of pioneering work within GN. This allows us to create integrated tools for contact centers, offices, and collaboration that help professionals work more productively from anywhere; and true wireless headphones and earbuds that let consumers better enjoy calls, music, and media. GN, founded in 1869, operates in 100 countries and delivers innovation, reliability, and ease of use. GN employs more than 7,000 people and in 2021 reported annual revenue of DKK 15.8bn. GN Audio accounts for DKK 10.4bn. GN makes life sound better and is Nasdaq Copenhagen listed. www.jabra.com
© 2022 GN Audio A/S. All rights reserved. Jabra® is a registered trademark of GN Audio A/S. All other trademarks included herein are the property of their respective owners (design and specifications are subject to change without notice).
Qualcomm is a trademark or registered trademark of Qualcomm Incorporated. aptX and cVc are trademarks or registered trademarks of Qualcomm Technologies International, Ltd.
Qualcomm aptX, Qualcomm cVc, Qualcomm Hybrid ANC, and Qualcomm QCC3050 are products of Qualcomm Technologies, Inc. and/or its subsidiaries.
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SOURCE Jabra | https://www.mysuncoast.com/prnewswire/2022/09/01/call-connect-listen-music-confidence-with-new-jabra-elite-5/ | 2022-09-01T19:05:26Z |
Former Wall Street Investor and Serial Entrepreneur Plans 100+ Marco's Locations by 2025
TAMPA, Fla., June 28, 2022 /PRNewswire/ -- Multi-unit growth continues to play a strategic role in Marco's Pizza's rapid expansion, with nearly half of its current franchise network made up of multi-unit operators. As the brand approaches $1B in annual systemwide sales, franchisees are doubling down on expansion and riding the wave of record-breaking sales growth by expanding their franchise portfolios. This is the case for Kal Gullapalli, a seasoned franchisee, who is set to open Marco's milestone 1,100th store in Dundee, FL.
Gullapalli spent seven years on Wall Street before transitioning to entrepreneurship in 2016. He has since become a veteran in the franchise industry, owning several fitness and health & wellness retail centers. Gullapalli joined Marco's in 2021 with a desire to diversify his portfolio amid the ongoing pandemic – seeing the immense value of pizza in his playbook. The 1,100-store will open at 28065 US Hwy 27 in Dundee, FL this July, marking Gullapalli's 36th Marco's store with seven more in various stages of development, and commitments for another 16 future stores across Tampa, FL, Georgia and Columbia and Myrtle Beach, SC. This multi-unit growth furthers his vision for a desired 100-plus Marco's store portfolio by 2025.
"With Marco's, there's a clear path to my team owning 100-plus locations," said Gullapalli. "The brand has a superior product, a sophisticated development team, and vast whitespace across the country. This, paired with its record-breaking growth, made now an opportune time to double down on my investment, because while the 1,100 is a cherished milestone, Marco's will be at 3,000 stores in no time."
With more than 200 stores in various stages of development across the country, Marco's is on the fast-track to achieving its growth goal of 1,500 units by the end 2023. As franchise development continues to surge, leadership prioritizes investments in enhancing the franchise development program, new technology, personnel, strategic vendor partnerships, multi-channel national advertising, and more – all with an eye on maximizing franchisee profits.
For example, Marco's recently announced the investment of millions of dollars in technology innovations over the next few years designed to create business efficiencies, maximize order growth, and improve the customer experience. Areas of investment include AI-enabled voice-to-text ordering and automated promise times, integration with third-party delivery services, migrating to a 100% cloud-based order management system, plus testing automated kitchen innovations and new operational equipment.
"The enhancements made in technology and operations is helping fuel franchise development as sophisticated multi-unit franchisees are seeing now as an attractive time to invest," said Keith Sizemore, Vice President of Development for Marco's Pizza. "We've spent a lot of time and investment in streamlining and strengthening our franchise development program to make it as easy as possible for franchisees to grow a robust portfolio with Marco's, and it's been remarkable to see Kal do just that as he continues to play a significant role in our growth story."
Marco's offers a long-term incentive for multi-unit owners, including franchisee fee discounts, reduced royalties, and growth acceleration bonuses – download the Franchise Information Report for more information.
With strong growth and performance, Marco's sets its sights on becoming the No. 4 brand in pizza. The brand experienced a 12.8% increase in year-over-year Average Unit Volume (AUV), and the Top 50% of Marco's franchised stores generated $1,198,201 AUV for 2021*.
For more information on Marco's Pizza franchise opportunities, visit https://www.marcos.com/franchising/ or call 866-731-8209 to speak with Shannon Iverson, Vice President of Franchise Sales.
ABOUT MARCO'S PIZZA
Marco's Pizza is America's Most Loved and Most Trusted Pizza Brand, according to the 2019 Harris Poll EquiTrend® Study. Headquartered in Toledo, Ohio, Marco's Pizza is one of the fastest-growing pizza brands in the United States. Marco's was founded in 1978 by Italian-born Pasquale ("Pat") Giammarco and thrives to deliver a high-quality pizza experience, known for its dough made from scratch and its three fresh signature cheeses. The company has grown from its roots as a beloved Ohio brand to operate over 1,100 stores in 33 states with locations in Puerto Rico and the Bahamas. Most recently, Marco's Pizza was ranked No. 2 in the Pizza category on Entrepreneur Magazine's 2022 "Franchise 500" ranking, and No. 4 in the Fastest Growing category on Restaurant Business' 2021 "Top 10 Fastest Growing Chains" ranking. Other recent accolades include a first-time presence on Newsweek's 2022 "America's Best Customer Service" in pizza chains list, ranked No. 42 on QSR's Top 50 and has been featured five consecutive years on Nation's Restaurant News' prestigious "Top 500" ranking.
*Based on the Average Unit Volume of the top 50% of our Franchised Stores for fiscal year 2021. Based on fiscal year 2021, 146 of 389 Franchised Stores in the category (38%) met or exceeded this average. This information appears in Item 19 of our 2022 FDD – please refer to our FDD for complete information on financial performance. Results may differ. There is no assurance that any franchisee will perform as well.
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SOURCE Marco's Pizza | https://www.kxii.com/prnewswire/2022/06/28/marcos-pizza-franchisee-kal-gullapalli-open-36th-location-brands-milestone-1100th-store/ | 2022-06-28T15:02:56Z |
SAN FRANCISCO, May 17, 2022 /PRNewswire/ -- The Continuous Delivery Foundation (CDF), the open source software foundation that seeks to improve the world's capacity to deliver software with security and speed, today announced it is hosting the CDEvents project, a vendor-neutral specification for defining the format of event data to provide interoperability across services, platforms and systems.
Today's CI/CD systems do not talk to each other in a standardized way. Defining a standard set of specifications is critical in solving the interoperability issues across the continuous delivery (CD) ecosystem. Having a common format for events in the CD space will enable an ecosystem of tools to collect, store, visualize and analyze events across CD platforms. This will cover use cases like measuring DevOps metrics and performance and visualizing end-to-end workflows, from the initial development all the way to operations and remediation flows.
The current release of the CDEvents specification is available here: https://github.com/cdevents
"The modern software factory relies on several components that power the development, building, testing, deployment and monitoring of complex applications. CDEvents facilitates interoperability between these systems by providing a shared dictionary for describing artifacts and their metadata," said Andrea Frittoli, Open Source Developer Advocate at IBM, co-creator of the CDEvents project and member of the CDF Technical Oversight Committee. "CDEvents open the doors to scalable and decoupled integrations within the software supply chain and create the potential for greater visibility and measurability of continuous delivery workflows."
The lack of a common way of describing events means developers must constantly re-learn how to consume events. This also limits the potential for libraries, tooling and infrastructure to aid the delivery of event data across environments, like SDKs, event routers or tracing systems.
"The Continuous Delivery Foundation is actively improving the developer experience. CDEvents increases interoperability between CI/CD tools and enables greater automation and observability within CI/CD systems. The CDEvents specification has broad applicability and is a great example of how the Continuous Delivery Foundation aims to help practitioners of CI/CD, regardless of industry or company," said Kara de la Marck, Senior Ecosystem Advocate for the CD Foundation. "Help us build better tools. Test the CDEvents specification for yourself!"
CDEvents has received a large amount of industry interest with contributors from many of the major CI/CD tools providers as well as from end-user companies. There exists a Proof of Concept implementation proving that Tekton and Keptn can communicate over a common event protocol.
Supporting Quotes:
"CDEvents specification, based on CloudEvents, provides the CI/CD ecosystem with a unified way to send and receive events happening inside the modern system that may potentially include dozens of different tools and implementations. It is a great step towards Interoperability of the components in this space, and also towards Open Observability and transparency of software supply chain. On behalf of the CDF Technical Oversight Committee, I would like to thank the CDF Events SIG, and all contributors to the specification and to the implementation. We are looking forward to adopting the standard in Keptn and Jenkins communities."
– Oleg Nenashev, CDF TOC Chair, Jenkins and Keptn maintainer
DeployHub
"Imperative CD Pipelines have become the bottleneck for teams managing thousands of independently deployed services in a component-driven architecture. CDEvents disrupts this model. It brings us closer to a fast and easy way to stand up a pipeline for each independent component using a declarative 'listener' model. CDEvents is driving a new way to orchestrate thousands of services flowing through the pipeline process in a cloud-native architecture."
– Tracy Ragan, CEO DeployHub, Inc.
Ericsson
"The introduction of new technologies/methodologies results in tremendous changes in the industries, and telecommunications is not an exception. The openness and disaggregation enable new ways of how products and services are developed, delivered, and deployed. This results in increased complexity when it comes to large scale end-to-end software flows, involving thousands of developers, which could start from the vendor and end in an operator's network, requiring a fresh approach to CI/CD as well. CDEvents is a key initiative to enable establishing software flows that allows deployments of new products and services to public and private clouds as well as on-premise hardware, which potentially use different CI/CD tools and technologies in which interoperability is a key concern."
– Kristofer Hallén, CI Tools Architect, Ericsson
Dynatrace
Building complex day one and day two application orchestration is challenging by itself. Having to deal with a lot of different API and data formats simply adds to this challenge. At Dynatrace we started to standardize around events as part of the Keptn project. CDEvents is now taking this to the next level, by establishing an industry-wide standard. Dynatrace is committed to supporting this from day one.
– Alois Reitbauer, Chief Product Officer Cloud Automation Dynatrace, Co-Chair CNCF TAG App Delivery
doWhile/VolvoCars
"Many industries are introducing more and more software into their previously mostly-hardware products and ecosystems. Autonomous vehicles are a good example of this, with both highly complex and safety-critical software spread out over embedded systems, in-vehicle computers and cloud services. Finding a 'one CI/CD tool fits all' solution for such a wide variety of needs and processes is not the way forward, interoperability between different solutions is. CDEvents will enable interoperability, observability and collaboration between both systems and teams, and will help high-complexity development projects keep track of everything that has been built, how it has been verified and what the current operational status is."
– Erik Sternerson, CI Specialist, Volvo Cars / Volvo Autonomous Solutions / doWhile
For more information on the CDEvents project, see https://cdevents.dev/
Additional CDEvents Resources
- Main repo
- Main CDEvents site
- CDEventsCon, May 17, 2022, in Valencia, Spain
- How to contribute to CDEvents via issues and pull request
Additional CD Foundation Resources
About the Continuous Delivery Foundation
The Continuous Delivery Foundation (CDF) seeks to improve the world's capacity to deliver software with security and speed. The CDF is a vendor-neutral organization that is establishing best practices of software delivery automation, propelling education and adoption of CD tools, and facilitating cross-pollination across emerging technologies. The CDF is home to many of the fastest-growing projects for CD, including Jenkins, Jenkins X, Tekton, and Spinnaker. The CDF is part of the Linux Foundation, a nonprofit organization. For more information about the CDF, please visit https://cd.foundation.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page. Linux is a registered trademark of Linus Torvalds.
Media Contact:
Jesse Casman
jesse@storychangesculture.com
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SOURCE CD Foundation | https://www.wibw.com/prnewswire/2022/05/17/cd-foundation-announces-cdevents-vendor-neutral-specification-defining-format-event-data/ | 2022-05-17T16:42:49Z |
CHICAGO, June 22, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it will expand its suite of long-term interest rate products to offer the first-ever 30-Year Uniform Mortgage-Backed Securities (UMBS) TBA futures contracts on October 3, pending regulatory review.
"Our new 30-Year UMBS TBA futures contracts will provide the mortgage-backed securities market with access to a liquid risk management tool to hedge their risk in a more capital efficient way," said Agha Mirza, CME Group Global Head of Rates and OTC Products. "This is a significant step in the expansion of our suite of interest rate products, which will enable clients to benefit from the ability to access UMBS TBA futures alongside our deeply liquid U.S. Treasury and short-term interest rate futures and options."
The vast majority of residential mortgages in the U.S. are securitized through the agency mortgage-backed securities (MBS) market, which is the second-largest debt market in the U.S. behind U.S. Treasuries. These securities can be pooled together and traded as forwards in the existing TBA market to provide greater liquidity for participants, like mortgage lenders. In June of 2019, Fannie Mae and Freddie Mac standardized their MBS offerings into what became known as UMBS. During the last 4 quarters (Q2 2021-Q1 2022), the UMBS TBA market had a daily volume of $195 billion, representing 80% of overall TBA volumes per FINRA Trace and NY Fed data.
The 30-Year UMBS TBA futures contracts will be fulfilled by delivery of TBAs cleared by the Fixed Income Clearing Corporation's Mortgage-Backed Securities Division, a subsidiary of The Depository Trust & Clearing Corporation (DTCC). The contracts will offer mortgage lenders, issuers, servicers and other participants an exchange-traded and centrally cleared tool for price discovery and risk transfer. The futures will represent 30-year residential mortgages pooled into UMBS products backed by Fannie Mae and Freddie Mac. For each delivery month, futures will be listed for delivery of a small number of specified active mortgage coupon rates 2.0%, 2.5%, 3%, 3.5%, 4%, 4.5% and 5%. The three nearest calendar months will be listed at any given time, beginning with the November 2022 contract.
Available to trade on CME Globex and subject to the rules of CBOT, the 30-Year UMBS TBA futures will be cleared by CME Clearing and receive automatic margin offsets against existing interest rate futures upon launch. These contracts will become eligible for portfolio margining against other cleared interest rate swaps and futures after launch.
For more information on this product, please see: www.cmegroup.com/tba.
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SOURCE CME Group | https://www.mysuncoast.com/prnewswire/2022/06/22/cme-group-launch-first-ever-tba-futures-mortgage-backed-securities-market-october-3/ | 2022-06-22T13:56:04Z |
Ex-NBA Players Association VP and Jazz assistant arrested
By LARRY NEUMEISTER and TIM REYNOLDS
Associated Press
NEW YORK (AP) — A former vice president of the National Basketball Players Association was arrested Wednesday and added to a criminal case in which 18 former NBA players were charged with illegally pocketing millions of dollars by defrauding the league’s health and welfare benefit plan.
The rewritten indictment added Keyon Dooling to the case first brought in October, when federal officials said a number of former NBA players combined to collect about $2.5 million from the benefit plan.
Dooling, who was a union officer for eight years and eventually became its first vice president, was among three individuals added to the indictment Wednesday. Dooling, now an assistant coach in the Utah Jazz organization, spent parts of 13 seasons in the NBA as a member of seven different teams.
In a statement, the Jazz said Dooling made the club aware of the indictment Wednesday morning.
“It is a case concerning his time at the National Basketball Players Association, prior to him joining our organization. He has been put on paid administrative leave,” the Jazz said. “Due to the ongoing legal process, we will refrain from further comment.”
The Jazz play Game 6 of their Western Conference first-round playoff series against the Dallas Mavericks at home on Thursday.
Dooling was arrested Wednesday in Utah, officials said.
Also added to the indictment were a doctor and a dentist who officials said were medical providers who facilitated the scheme.
Dooling, officials said, “allegedly engaged in the scheme and recruited other co-conspirators to join the scheme.”
All were charged with health care fraud and wire conspiracy for a fraud that authorities say spanned from at least 2017 to 2020.
In October, a prosecutor said each defendant made false claims that ranged from $65,000 to $420,000.
The updated indictment Wednesday said Dooling pocketed about $350,000 of plan proceeds illegally. In all, it said about $5 million in false claims were submitted, though claimants did not receive as much in proceeds.
Dooling previously was the wellness counselor for the union, helping oversee its mental health and wellness department. He also wrote a book in 2014 discussing, among other things, how he struggled with stress after being sexually abused as a child.
“Health is everything,” Dooling said in an interview after the book came out. “It has to be your biggest priority, health of all kinds, mind and body.”
___
Reynolds, an AP Basketball Writer, reported from Miami.
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://localnews8.com/news/2022/04/27/ex-nba-players-association-vp-and-jazz-assistant-arrested-2/ | 2022-04-27T23:41:59Z |
LONDON (AP) — Best-selling American writers Karen Joy Fowler, Elizabeth Strout and Leila Mottley are among 13 authors in the running for the prestigious Booker Prize for fiction.
Fowler’s novel about Abraham Lincoln’s assassin, “Booth,” Strout’s symphony of everyday lives “Oh William!” and Mottley’s Oakland-set debut “Nightcrawler” are among six books by Americans on the longlist for the 50,000 pound ($60,000) prize. The list announced Tuesday also includes authors from Britain, Ireland, Sri Lanka and Zimbabwe.
At 20, Mottley is the youngest-ever Booker Prize contender. A tale of racism and sexual exploitation written when she was still a teenager, “Nightcrawler” has won rave reviews and selection by Oprah’s Book Club.
British fantasy author Alan Garner, on the list for “Treacle Walker,” is the oldest-ever Booker nominee at 87.
Five awards judges selected the contenders from 169 books submitted by publishers. Former British Museum director Neil MacGregor, who is chairing the judging panel, said the list “offers story, fable and parable, fantasy, mystery, meditation and thriller.” He said many of the books have plots driven by “long histories of conflict and injustice” and grapple with “the elusive nature of truth.”
Mottley is one of three debut novelists are on the list, alongside Britain’s Maddie Mortimer (“Maps of Our Spectacular Bodies”) and American author Selby Wynn Schwartz (“After Sappho”).
Strout and Fowler have both been Booker contenders before. Other repeat finalists are Zimbabwe’s NoViolet Bulawayo, for animal fable “Glory,” and Scotland’s Graeme Macrae Burnet, for psychological mystery “Case Study.”
The field is rounded out by “Trust,” by U.S. writer Hernan Diaz; American author Percival Everett’s “The Trees”; Irish writer Claire Keegan’s “Small Things Like These”; “The Colony” by Ireland’s Audrey Magee; and “The Seven Moons of Maali Almeida” by Sri Lanka’s Shehan Karunatilaka.
Founded in 1969, the Booker Prize has a reputation for transforming writers’ careers and was originally open to British, Irish and Commonwealth writers. Eligibility was expanded in 2014 to all novels in English published in the U.K.
Last year’s winner was “The Promise,” by South Africa’s Damon Galgut.
A six-book shortlist will be announced Sept. 6, and the winner will be crowned Oct. 17 at a ceremony in London. | https://cw33.com/entertainment-news/ap-entertainment/elizabeth-strout-leila-mottley-up-for-booker-fiction-prize/ | 2022-07-26T17:57:07Z |
FN Media Group Presents USA News Group News Commentary
Vancouver, BC, Sept. 16, 2022 /PRNewswire/ -- USA News Group – How frequent fliers are fed is about to change, as many of the airline industry's top carriers are upgrading their menus in the near future. The moves are being attached to recovery efforts, as the industry bounces back from its recent heavy losses since 2020. Among the more noticeable changes have come from American Airlines Group Inc. (NASDAQ: AAL) which has actively been upgrading its food sources for things like greens, while others such as Consolidated Airlines Group S.A. (OTCPK: ICAGY) subsidiary British Airways, Air Canada (TSX: AC) (OTCQX: ACDVF) and Onex Corporation (TSX: ONEX) (OTCPK: ONEXF) subsidiary WestJet, which all recently began offering a new high-protein snack mix from newly-public Pangea Natural Foods (CSE: PNGA) (OTCQB: PNGAF) based out of Vancouver, Canada.
According to former airline executive Henry Harteveldt, founder of travel consulting firm Atmosphere Research Group: "Food is one of the most tangible signals of what an airline thinks of its customers."
Which is why Onex Corporation (TSX: ONEX) (OTC: ONEXF) subsidiary WestJet became the latest to improve upon its snack offerings, and rid itself of the clichéd joke "What's the deal with airplane peanuts?".
WestJet will now be offering Pangea Munchie Mix from Pangea Natural Foods (CSE: PNGA) (OTC: PNGAF), which consists of non-GMO superfoods including dried cranberries, yogurt chips, roasted cashews, almonds and pumpkin seeds.
"We are very excited about the momentum we have built with a number of airline partners carrying Pangea's Munchie Mix." says Pangea CEO Pratap Sandhu, "The launch of this partnership is yet another way the Pangea Munchie Mix will become the snack of choice for travelers. We look forward to making Pangea's healthy, GMO-free products readily available to customers not just in Canada and the United States, but globally."
The Pangea Munchie Mix will be available to WestJet's business class passengers on the global carrier's fleet of aircrafts. The airline operates Canada's second largest airline with a fleet of over 160 planes, serving 109 destinations in 24 countries.
Previously, Pangea had announced the on-boarding of Pangea Munchie Mix on two other major airlines, namely Air Canada (TSX: AC) (OTC: ACDVF) and Consolidated Airlines Group S.A. (OTC: ICAGY) subsidiary British Airways.
"The global airline catering business is estimated to be worth US$21 billion by 2024, and Pangea is looking forward to playing a role in the industry," added Sandhu, citing an analytic report from earlier this year. "Between British Airways, Air Canada and now WestJet, Pangea's Munchie Mix will be available on over 650 airplanes worldwide. For us, this is just the beginning."
Pangea was recently added to British Airways' fleet of over 230 airplanes, serving 13 domestic UK destinations, and 192 international destinations in 76 countries, as well as to Air Canada's scheduled passenger service that flies directly to 51 Canadian airports, 46 destinations in the United States and 67 airports in Europe, the Middle East, Asia, and Africa, and flying up to 438 daily flights between Canada and the United States alone.
Along with their Plant-Based Patties and Old Fashioned Ghee, Pangea manufactures their Munchie Mix in-house at their Vancouver Lower Mainland facility, which has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.
Far and away the largest airline fleet in the world is under American Airlines Group Inc. (NASDAQ: AAL) which has already solidified its place as being friendly to vegetarians and vegans, with about 23% of their customers choosing to pre-order a vegan meals with the carrier.
But to maintain a healthy menu for such a large fleet comes with its own balance of challenges. When it comes to in-flight meals, greens and salads are among the most difficult dishes to serve on board. However, the airline is currently offering salads on more flights today than compared to before the pandemic began.
"We have to be very choosy about what type of greens we offer," said American Airlines spokeswoman Leah Rubertino. "Arugula, for example, is not our friend."
Beyond salads with fresh greens, American Airlines is also offering high-quality vegetarian a "fiesta grain bowl" with rice, quinoa, black beans, cauliflower, corn, and zucchini.
Each of these major airlines are making concerted efforts to improve their images with vegan and vegetarian customers, after recent incidents emerged through social media. These included an alleged serving of just a bottle of water for a "vegan meal" on Air Canada, while WestJet took criticisms for not having enough meat, British Airways for serving butter and cheese in a "vegan meal", and American Airlines allegedly serving bugs.
"A lot of the airlines have really upped their game and I think committed to some consumer protections in writing that they hadn't previously," said Department of Transportation Deputy Secretary Polly Trottenberg in an interview with CNN. "We're going to continue to work with them."
Industry wide, consumer complaints are up nearly 270% from above pre-pandemic levels, according to Trottenberg's department's report for Q2 2022.
For More Information, please visit: https://usanewsgroup.com/2022/09/01/skyrocketing-demand-for-clean-label-natural-foods-fuels-this-stocks-incredible-potential/
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SOURCE USA News Group | https://www.kxii.com/prnewswire/2022/09/16/airline-menus-set-well-deserved-upgrade-involving-fresher-healthier-foods/ | 2022-09-16T13:45:52Z |
Rattlesnake handler dies after snake bite during show, family says
FREER, Texas (Gray News) - A rattlesnake handler died over the weekend in Texas while handling a snake during a show at the Freer Rattlesnake Roundup event.
Eugene Roberto DeLeon, 60, was bitten by a rattlesnake on April 30 while performing at the annual show, according to his family. DeLeon was flown to a hospital in Corpus Christi where he later died.
DeLeon was a veteran snake handler and part of the Snake Busters Snake Handlers. His sister, Monica Dimas, shared on social media that he had a passion for snake handling and died doing what he loved.
According to the Mauro P. Garcia Funeral Home, DeLeon graduated from Freer High School in 1981. He was a volunteer firefighter for the Freer Fire Department and a custodian at Freer High School.
Dimas wrote for those to keep her family in prayer while she helps raise money to pay for her brother’s funeral expenses.
DeLeon was a loving husband, father, grandfather, brother, uncle and friend who will be sadly missed by all who knew him, according to his obituary.
Services for DeLeon are scheduled to be held on May 7 at the Mauro P. Garcia Funeral Home Chapel in San Diego, Texas.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/04/rattlesnake-handler-dies-after-snake-bite-during-show-family-says/ | 2022-05-05T01:13:22Z |
Cole’s OT goal lift Hurricanes past Rangers for Game 1 win
By AARON BEARD
AP Sports Writer
RALEIGH, N.C. (AP) — Ian Cole beat Igor Shesterkin at 3:12 of overtime to help the Carolina Hurricanes beat the New York Rangers 2-1 to take Game 1 of their second-round playoff series. The defenseman’s second career playoff goal capped a late comeback by the Hurricanes, who trailed most of the way. But Sebastian Aho finally pushed one past Shesterkin in the final minutes of the third period to send the game into OT. Then came Cole’s rebound shot, which clipped the stick of Rangers defenseman Ryan Lindgren on the way past Shesterkin. Filip Chytil had New York’s lone goal. | https://localnews8.com/sports/ap-national-sports/2022/05/18/coles-ot-goal-lift-hurricanes-past-rangers-for-game-1-win/ | 2022-05-19T02:59:41Z |
WASHINGTON — President Joe Biden is turning to a Cold War-era law to boost production of lithium and other minerals used to power electric vehicles, but experts say the move by itself is unlikely to ensure the robust domestic mining Biden seeks as he promotes cleaner energy sources.
Biden’s action, part of his efforts to find alternatives to fossil fuels and combat climate change, does not waive or suspend existing environmental and labor standards, the White House said. Nor does it address the chief hurdle to increased domestic extraction of so-called critical minerals: the years-long process needed to obtain a federal permit for a new mine.
Even so, the mining industry and supporters in Congress cheered Biden’s use of the 1950 Defense Production Act to increase U.S. supplies of lithium, nickel and other minerals needed for electric-vehicles batteries and other clean-energy technology.
His March 31 executive order is a historic step by the White House to “recognize the critical importance of minerals and push to electrify the car industry,” said Rich Nolan, president and CEO of the National Mining Association.
But “unless we continue to build on this action” and approve new hardrock mines, Nolan added, “we risk feeding the minerals dominance of geopolitical rivals” such as China and Russia.
“We have abundant mineral resources here,” he said. “What we need is policy to ensure we can produce them and build the secure, reliable supply chains we know we must have.”
Environmentalists, meanwhile, worry that Biden is activating a war-time tool to boost mineral extraction that can contaminate groundwater and harm ranching and wildlife.
“The clean energy transition cannot be built on dirty mining,” said Lauren Pagel, policy director of Earthworks, an environmental group that has pushed for stronger restrictions on hardrock mining.
Biden’s order directs the Defense Department to consider at least five metals — lithium, cobalt, graphite, nickel and manganese — as essential to national security and authorizes steps to bolster domestic supplies. Biden and former President Donald Trump both used the defense production law previously to speed the U.S. response to the COVID-19 pandemic.
On minerals, Biden wants to ensure the U.S. has enough lithium and other materials needed for EV batteries, heat pumps and large-capacity batteries for the electric grid. A majority of global lithium production comes from China, Australia, Argentina and Chile, while Russia dominates the global nickel market and the Democratic Republic of Congo is the world’s largest cobalt producer.
“We need to end our long-term reliance on China and other countries for inputs that will power the future,” Biden said, vowing to “use every tool I have to make that happen.”
Although lithium reserves are distributed widely across the globe, the U.S. is home to just one active lithium mine, in Nevada. New and potential lithium mining and extracting projects are in various stages of development in Nevada, Maine, North Carolina and California. Democratic Gov. Gavin Newsom has labeled California the “Saudi Arabia of lithium,” and two projects there could produce lithium by 2024.
Under Biden’s order, the Pentagon is authorized to spend millions of dollars to support a range of activities, including feasibility studies to determine economic viability of a proposed mine and develop mineral-waste recycling programs. Money also could help existing mines and other industrial sites produce valuable materials, the Pentagon said. For example, a copper mine could also produce nickel.
It’s unclear how much money will be available for mining, but the Defense Department is authorized to keep up to $750 million on hand for its strategic and critical material stockpile.
Sen. Catherine Cortez Masto, D-Nev., called Biden’s order “a good first step toward expanding our electric vehicle battery manufacturing and infrastructure.” But she and other lawmakers said the U.S. needs a long-term strategy to improve the domestic supply chain of critical minerals.
“Unless the president streamlines permitting, we should not expect to see any meaningful increase in American mineral production,” said Wyoming Sen. John Barrasso, the top Republican on the Senate Energy and Natural Resources Committee. At a recent committee hearing. Barrasso urged Biden to “stand up to mining opponents in his own party.”
Arizona Rep. Raul Grijalva, a Democrat who chairs the House Natural Resources Committee, called Biden’s order misguided. “Fast-tracking mining under antiquated standards that put our public health, wilderness and sacred sites at risk of permanent damage just isn’t the answer,” he said.
Grijalva and Sen. Martin Heinrich, D-N.M., introduced legislation to modernize the 1872 law that governs hardrock mining in the U.S.
(asterisk)Our current mining law was put in place before we even knew what a car was, much less an electric one,” Grijalva said. “Modernizing this relic of a law isn’t extreme or anti-industry — it’s just common sense.”
Mining companies have extracted hundreds of billions of dollars’ worth of gold, silver, copper and other minerals from federal lands over the past 150 years “without paying a cent in federal royalties,” Grijalva and Heinrich said in a statement. The House bill would establish a 12.5% royalty on new mining operations and an 8% royalty on existing operations.
The bill also would set up a Hardrock Minerals Reclamation Fund to make the industry pay for cleanup of abandoned mine sites.
About 40% of watersheds in the western U.S. are contaminated by hardrock mine drainage, according to the Environmental Protection Agency. Many nickel, copper, lithium and cobalt reserves are located within 35 miles or 56 kilometers of tribal lands.
Indigenous people living near a proposed lithium mine in Nevada assailed Biden’s order.
“I believe this is going to be the second coming of environmental destruction,” said Day Hinkey, a member of the Fort McDermitt Paiute and Shoshone tribe and an organizer with People of Red Mountain, a group that opposes the vast Thacker Pass lithium mine in northern Nevada.
Another Nevada lithium mine is planned near a desert ridge where a rare wildflower has been proposed for listing as an endangered species. The mine’s developer, Australia-based Ioneer, said the expected habitat protections for the rare Tiehm’s buckwheat would not affect its mining activities, and company operations would not jeopardize conservation of the species.
Opponents dispute that. Hinkey said the first environmental crisis was caused by the fossil fuel industry “and I believe this next one will be lithium mining.” | https://www.tdtnews.com/news/article_7789d4f8-c8d4-11ec-b883-471a43cf994a.html | 2022-05-01T06:22:27Z |
(STACKER) — A 2019 study by Hotschedules, a restaurant and hospitality software, revealed that Americans eat out a lot. In fact, 56% of Americans told the company that they eat out two to three times a week, which included both in-restaurant dining and ordering takeout. Diners certainly have a wide variety of options to choose from: There are mor than 1 million restaurants throughout the country, according to the National Restaurant Association.
But in the last year, the novel coronavirus pandemic has affected almost every corner of American daily life—not the least of which being how we eat. With rules for social distancing in place along with various states of shutdown orders since March 2020, many people have turned to home-cooked meals in lieu of going out or even getting something delivered.
Of course, eating local favorites is a special kind of treat—so to help you on this home cooking journey, Stacker scoured Allrecipes’ collection of more than 3,000 recipes grouped by state to bring you a list of beloved favorites from Texas.
Many of these recipes are great for any skill levels—so don’t worry if your culinary expertise leave something to be desired. Keep reading to gain some inspiration for your next meal.
Dakota’s Texas Style Chili
– Prep: 20 minutes
– Cook: 3 hrs
– Total: 3 hrs 20 minutes
– Servings: 8
– Yield: 8 cups
– Number of ingredients: 13
– Read more about the recipe here
White Texas Sheet Cake
– Cook: 20 minutes
– Additional: 20 minutes
– Total: 40 minutes
– Servings: 24
– Yield: 1 10×15-inch sheet cake
– Number of ingredients: 14
– Read more about the recipe here
Texas Jambalaya
– Prep: 10 minutes
– Cook: 35 minutes
– Total: 45 minutes
– Servings: 6
– Yield: 6 servings
– Number of ingredients: 13
– Read more about the recipe here
San Antonio Salad
– Prep: 15 minutes
– Cook: 10 minutes
– Total: 25 minutes
– Servings: 6
– Yield: 6 servings
– Number of ingredients: 13
– Read more about the recipe here
Tex-Mex Patty Melts
– Prep: 15 minutes
– Cook: 10 minutes
– Total: 25 minutes
– Servings: 3
– Yield: 3 burgers
– Number of ingredients: 8
– Read more about the recipe here
Simple Texas Salsa
– Prep: 5 minutes
– Total: 5 minutes
– Servings: 12
– Yield: 1 1/2 cups
– Number of ingredients: 6
– Read more about the recipe here
Tejano Style Shrimp Cocktail
– Prep: 20 minutes
– Total: 20 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 9
– Read more about the recipe here
Texas Pork Ribs
– Prep: 30 minutes
– Cook: 5 hrs
– Additional: 8 hrs
– Total: 13 hrs 30 minutes
– Servings: 12
– Yield: 12 servings
– Number of ingredients: 15
– Read more about the recipe here
Potato and Bean Enchiladas
– Prep: 1 hr
– Cook: 45 minutes
– Total: 1 hr 45 minutes
– Servings: 12
– Yield: 12 servings
– Number of ingredients: 12
– Read more about the recipe here
Terry’s Texas Pinto Beans
– Prep: 15 minutes
– Cook: 2 hrs
– Total: 2 hrs 15 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 9
– Read more about the recipe here
Honey Smoked Turkey
– Prep: 30 minutes
– Cook: 3 hrs 15 minutes
– Total: 3 hrs 45 minutes
– Servings: 16
– Yield: 1 (12 pound) turkey
– Number of ingredients: 8
– Read more about the recipe here
Slow-Cooked, Texas-Style Beef Brisket
– Prep: 15 minutes
– Cook: 1 day
– Total: 1 day
– Servings: 20
– Yield: 20 servings
– Number of ingredients: 8
– Read more about the recipe here
Texas Sheet Cake Cookies
– Prep: 40 minutes
– Cook: 20 minutes
– Total: 1 hr
– Servings: 20
– Yield: 20 cookies
– Number of ingredients: 18
– Read more about the recipe here
Cowboy Caviar
– Prep: 20 minutes
– Additional: 20 minutes
– Total: 40 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 10
– Read more about the recipe here
Chicken Long Rice Soup
– Prep: 20 minutes
– Cook: 40 minutes
– Additional: 30 minutes
– Total: 1 hr 30 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 8
– Read more about the recipe here
Texas Deer Chili
– Prep: 30 minutes
– Cook: 4 hrs
– Total: 4 hrs 30 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 11
– Read more about the recipe here
Mexican Corn
– Prep: 10 minutes
– Cook: 10 minutes
– Total: 20 minutes
– Servings: 6
– Yield: 6 servings
– Number of ingredients: 5
– Read more about the recipe here
Keto Tex-Mex Ground Beef Casserole
– Prep: 10 minutes
– Cook: 50 minutes
– Additional: 5 minutes
– Total: 1 hr 5 minutes
– Servings: 6
– Yield: 1 11×7-inch casserole
– Number of ingredients: 16
– Read more about the recipe here
Boudreaux’s Zydeco Stomp Gumbo
– Prep: 1 hr
– Cook: 1 hr
– Total: 2 hrs
– Servings: 10
– Yield: 10 servings
– Number of ingredients: 16
– Read more about the recipe here
Seven Layer Tex Mex Dip
– Prep: 15 minutes
– Total: 15 minutes
– Servings: 12
– Yield: 12 servings
– Number of ingredients: 9
– Read more about the recipe here
Mom’s Favorite Baked Mac and Cheese
– Prep: 10 minutes
– Cook: 45 minutes
– Additional: 10 minutes
– Total: 1 hr 5 minutes
– Servings: 6
– Yield: 6 servings
– Number of ingredients: 10
– Read more about the recipe here
Slow Cooker Carolina BBQ
– Prep: 15 minutes
– Cook: 12 hrs
– Total: 12 hrs 15 minutes
– Servings: 10
– Yield: 10 servings
– Number of ingredients: 8
– Read more about the recipe here
Grandma’s Chocolate Texas Sheet Cake
– Prep: 15 minutes
– Cook: 30 minutes
– Total: 45 minutes
– Servings: 24
– Yield: 1 10×15-inch cake
– Number of ingredients: 15
– Read more about the recipe here
Soul Smothered Chicken
– Prep: 15 minutes
– Cook: 1 hr
– Total: 1 hr 15 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 14
– Read more about the recipe here
Texas Sausage Kolaches (Klobasneks)
– Prep: 45 minutes
– Cook: 15 minutes
– Additional: 1 hr 10 minutes
– Total: 2 hrs 10 minutes
– Servings: 20
– Yield: 20 servings
– Number of ingredients: 11
– Read more about the recipe here
Brazilian Grilled Pineapple
– Prep: 10 minutes
– Cook: 10 minutes
– Total: 20 minutes
– Servings: 6
– Yield: 6 servings
– Number of ingredients: 3
– Read more about the recipe here
D’s Famous Salsa
– Prep: 10 minutes
– Total: 10 minutes
– Servings: 16
– Yield: 16 servings
– Number of ingredients: 7
– Read more about the recipe here
Texas Cowboy Stew
– Prep: 30 minutes
– Cook: 1 hr
– Total: 1 hr 30 minutes
– Servings: 10
– Yield: 10 servings
– Number of ingredients: 14
– Read more about the recipe here
Best-Ever Texas Caviar
– Prep: 35 minutes
– Total: 35 minutes
– Servings: 10
– Yield: 10 servings
– Number of ingredients: 13
– Read more about the recipe here
Spicy Fish Soup
– Prep: 10 minutes
– Cook: 30 minutes
– Total: 40 minutes
– Servings: 4
– Yield: 4 servings
– Number of ingredients: 11
– Read more about the recipe here
Texas Caviar I
– Prep: 15 minutes
– Additional: 1 hr
– Total: 1 hr 15 minutes
– Servings: 16
– Yield: 8 cups
– Number of ingredients: 11
– Read more about the recipe here
Texas-Style Baked Beans
– Prep: 15 minutes
– Cook: 1 hr
– Total: 1 hr 15 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 15
– Read more about the recipe here
King Beef Oven Brisket
– Prep: 15 minutes
– Cook: 4 hrs
– Total: 4 hrs 15 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 10
– Read more about the recipe here
Aunt Blanche’s Blueberry Muffins
– Servings: 12
– Yield: 1 dozen
– Number of ingredients: 8
– Read more about the recipe here
Sausage Jalapeno Poppers
– Prep: 1 hr
– Cook: 20 minutes
– Total: 1 hr 20 minutes
– Servings: 20
– Yield: 60 poppers
– Number of ingredients: 4
– Read more about the recipe here
Texas Sheet Cake I
– Prep: 30 minutes
– Cook: 30 minutes
– Total: 1 hr
– Servings: 20
– Yield: 1 – 15×10 inch jelly roll cake
– Number of ingredients: 15
– Read more about the recipe here
Real Texas Chili
– Prep: 20 minutes
– Cook: 2 hrs
– Total: 2 hrs 20 minutes
– Servings: 8
– Yield: 8 servings
– Number of ingredients: 10
– Read more about the recipe here
Daddy’s ‘If They’da had This at the Alamo we would’ha WON!’ Texas Chili
– Prep: 30 minutes
– Cook: 2 hrs
– Total: 2 hrs 30 minutes
– Servings: 20
– Yield: 20 servings
– Number of ingredients: 16
– Read more about the recipe here
Winter Blossom’s Often Requested Ham Salad
– Prep: 15 minutes
– Additional: 2 hrs
– Total: 2 hrs 15 minutes
– Servings: 12
– Yield: 12 servings
– Number of ingredients: 5
– Read more about the recipe here
Texas Sheet Cake VI
– Prep: 15 minutes
– Cook: 30 minutes
– Additional: 15 minutes
– Total: 1 hr
– Servings: 12
– Yield: 1 – 12×18 inch sheet pan
– Number of ingredients: 16
– Read more about the recipe here
Tex-Mex Turkey Soup
– Prep: 10 minutes
– Cook: 40 minutes
– Total: 50 minutes
– Servings: 6
– Yield: 6 servings
– Number of ingredients: 22
– Read more about the recipe here
Easy Texas Chili
– Prep: 30 minutes
– Cook: 30 minutes
– Total: 1 hr
– Servings: 20
– Yield: 8 cups
– Number of ingredients: 12
– Read more about the recipe here | https://cw33.com/news/texas/recipes-from-texas/ | 2022-04-11T15:14:32Z |
Amber Alert canceled, 4-year-old in Georgia found safe
Published: Apr. 28, 2022 at 3:06 PM CDT|Updated: 33 minutes ago
SNELLVILLE, Ga. (Gray News) - A missing 4-year-old girl in Georgia has been found safe and a suspect is in custody, police said Thursday.
The Levi’s Call, Georgia’s Amber Alert, has been canceled for Valery Molina.
Police said she was abducted by Alfred Molina. Snellville police posted to Facebook that she was safe soon after the alert went out.
Anyone with additional information can contact Snellville police at 404-731-2713 or call 911.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/28/amber-alert-4-year-old-abducted-georgia/ | 2022-04-28T21:12:48Z |
NASA forms team to study UFOs
(CNN) - NASA is assembling a team to study unidentified flying objects, better known as UFOs.
The agency says it wants to know more about incidents that cannot be identified as aircraft or any known natural phenomena.
It says it is interested because of national security and air safety and notes there is no evidence they are alien in nature.
The study begins in early fall and is expected to take nine months.
It will focus on identifying available data from the government, civilians, nonprofits and companies. It will also focus on how to best collect future data and how NASA can use it to move the scientific understanding of it forward.
The team’s work will be independent from the work that the Department of Defense is doing on unidentified aerial phenomena.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/09/nasa-forms-team-study-ufos/ | 2022-06-09T19:43:49Z |
$1 million bond set for 3 men accused of killing student in LeBron James-founded school parking lot
AKRON, Ohio (WOIO/Gray News) – Three men who were arrested for the beating death of a student outside LeBron James’ I Promise School had their bonds set at $1 million each.
U.S. Marshals and Akron police officers arrested Deshawn Stafford Jr., 20, Tyler Stafford, 19, and Donovon Jones, 21, on Saturday.
All three men pleaded not guilty to murder at their arraignment in Akron Municipal Court Monday morning.
Ethan Liming, 17, was found dead around 10:30 p.m. on June 2 in the school parking lot after his friends called 911, according to Akron police.
WOIO reports that U.S. Marshalls arrested Jones, Stafford and Stafford Jr. after tracking the three suspects to homes in the area, where they were taken into custody.
The Akron Police Department said Liming was knocked unconscious and brutally assaulted during a fight. Police Chief Stephen Mylett said the altercation began after Liming and three others arrived at the school parking lot and started firing a gel blaster gun at people on a basketball court.
The police chief also shared that through their investigation, they found the incident was not a hate crime, and there is no indication to suggest race was a factor.
I Promise School is a part of the Akron Public School District, serving students in third through seventh grades.
According to Akron Public Schools, Liming was a rising senior at Firestone Community Learning Center in the Academy of Design.
The Liming family also released the following statement after the arrests were announced:
“Our whole family is beyond thankful for the help the community has given us. Throughout this whole process, we’ve seen horrific things, but the good we’ve seen is just so much brighter. We love our son, and we miss him dearly.”
Copyright 2022 WOIO via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/13/1-million-bond-set-3-men-accused-killing-student-lebron-james-founded-school-parking-lot/ | 2022-06-13T22:06:18Z |
SEOUL, South Korea (AP) — A woman was arrested in South Korea on Thursday on two murder charges from New Zealand, where the bodies of two long-dead children were found last month in abandoned suitcases, authorities said.
Authorities didn’t immediately say if the 42-year-old suspect was the dead children’s mother. New Zealand police had earlier told their South Korean counterparts that the mother might be living in South Korea.
South Korean police detained the woman in the southeastern port city of Ulsan, based on a South Korean court warrant issued after New Zealand requested her provisional arrest as part of an extradition process, according to South Korea’s National Police Agency and Justice Ministry.
The unidentified woman covered her face with the hood of her coat as officers escorted her outside an Ulsan police station and put her in a car headed for the capital, Seoul, where she was expected to be questioned by prosecutors.
New Zealand authorities must submit the formal request for her extradition to the South Korean Justice Ministry within 45 days. The ministry will then decide whether to proceed with an extradition review at the Seoul High Court to rule whether she would be sent to New Zealand.
New Zealand police said the South Korean warrant was in connection with two charges of murder, and they have asked South Korean authorities to keep the woman in jail until she is extradited.
“To have someone in custody overseas within such a short period of time has all been down to the assistance of the Korean authorities and the coordination by our New Zealand Police Interpol staff,” Detective Inspector Tofilau Fa’amanuia Vaaelua said in a statement.
He said the investigation had been “very challenging” and that inquiries were continuing both in New Zealand and abroad.
Vaaelua said police weren’t going to comment further as the matter was now before the courts. Authorities in New Zealand typically don’t comment on pending court cases in order to avoid the possibility of influencing the outcome.
The children’s bodies were discovered last month after a New Zealand family bought abandoned goods, including two suitcases, from a storage unit in Auckland in an online auction. Police said the New Zealand family had nothing to do with the deaths.
The children were between 5 and 10 years old, had been dead for a number of years, and the suitcases had been in storage for at least three or four years, according to police.
South Korean police say the woman was born in South Korea and later moved to New Zealand, where she gained citizenship. She returned to South Korea in 2018, according to immigration records.
South Korean police say it was suspected she could be the mother of the two victims, as her past address in New Zealand was registered to the storage unit where the suitcases were kept for years. | https://cw33.com/news/nexstar-media-wire/woman-arrested-after-bodies-of-children-found-in-suitcases-from-auction/ | 2022-09-15T12:53:36Z |
ORANGE, Calif., July 20, 2022 /PRNewswire/ -- American First Credit Union (AFCU) awarded Edward M. from Orange, CA, its third annual grand prize of $50,000 from their savings program called Big Prize Savings.
American First created their Big Prize Savings program in 2019 to promote and encourage good saving habits by incentivizing account holders a chance to win substantial cash prizes just for saving their money. Big Prize Savings awards prizes of $1,000 each month, $10,000 each quarter, and a $50,000 grand prize at the end of the year.
Edward is a long-time member and has been an active participant in the Big Prize Savings program. When he learned he was the winner of our grand prize, Edward responded, "It's hard to put this experience into words, but I'm very grateful. This really is awesome. I never would have imagined this."
At the end of each month, Big Prize Savings account holders who maintain an average daily savings balance of $500 or more for that month receive one entry for every $25 saved. Account holders have a greater chance of winning prizes the more they save.
"We started Big Prize Savings because we wanted to find a way to reward our savers. American First cares about savers, and we wanted to find a fun and unique way to make savings exciting," said Jon Shigematsu, CEO and President of American First Credit Union.
For more information on Big Prize Savings, visit bigprizesavings.com.
About American First Credit Union
American First Credit Union is a member-owned, full-service financial cooperative established in 1952. Originally the credit union for grocery store workers, American First now serves more than 38,000 members. We welcome individuals who live, work, worship, or attend school in the Orange, Riverside, or San Bernardino Counties and 14 nearby qualifying cities. To learn more about American First Credit Union, call 800-290-1112, visit amerfirst.org or follow us on Facebook.
Contact:
Andrea Reyes
Marketing Manager
areyes@amerfirst.org
562.640.7281
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SOURCE American First Credit Union | https://www.mysuncoast.com/prnewswire/2022/07/20/american-first-cu-saver-wins-50000-grand-prize/ | 2022-07-20T16:45:51Z |
WASHINGTON (AP) — The Iowa delegation promised changes to its caucus after 2020’s meltdown. New Hampshire’s brought giftbags. The Nevada team argued that racial diversity should trump tradition.
Sixteen states and Puerto Rico are jockeying for early slots on a new Democratic presidential primary calendar, offering presentations for party bosses on why they deserve to go first — or at least close to it.
Iowa has held the leadoff position since 1972, but technical glitches undermined its Democratic caucus two years ago. That sparked clamor for change and calls within the party that Democrats, whose largest, most loyal base is Black voters, should start somewhere more racially diverse.
The states pressing their case over three days in meetings of the Democrats’ Rules and Bylaws Committee run the gamut from sprawling, red bastions like Texas to perennial battlegrounds such as Michigan. Members plan to vote in August, followed by a full Democratic National Committee vote likely to come the following month. Those could alter the current order of Iowa, New Hampshire, Nevada and South Carolina — or keep the slate the same.
The issue may ultimately prove moot for the 2024 presidential election, however. If President Joe Biden opts to seek a second term, the party could have little appetite to build out a robust primary schedule that potentially allows another Democrat to challenge him for the nomination.
The Republican National Committee has already decided to keep Iowa first in its presidential nominating process. Many of its early 2024 presidential hopefuls are already flocking to the state.
Democratic Party leaders voted in April to reopen the nominating calendar, allowing up to five states to vote before Super Tuesday in early March.
The party is considering factors like diversity, electoral competitiveness and logistical feasibility. That means scrutinizing states’ racial and ethnic makeup, union membership rates and how big they are in terms of population and geography — which can affect possibilities for direct voter engagement and the costs of travel and advertising.
Also important are states that have taken steps to make voting easier, in response to many Republican-led legislatures tightening balloting restrictions.
The jostling to be first isn’t new. Iowa moved its 2008 caucus up to Jan. 3 — when some residents were still recovering from raucous New Year’s Day celebrations — to help ensure it remained ahead of other states trying to jump in front of it.
During its presentation Thursday, Iowa promised to overhaul its caucus, relying more heavily on vote-by-mail so that results could be available more quickly.
“We recognize that the caucuses, how they’ve been conducted since the 1970s, are no longer aligned with vibrant and just 21st century democracy,” said Ross Wilburn, chair of the Iowa Democratic Party and a state lawmaker. “In order to continue growing our party, we need to make changes.”
Still, Iowa’s team argued for preserving traditions allowing presidential candidates to introduce themselves to the nation from small-town living rooms or working the state fair’s pork chop grill.
If Democrats decide to bypass Iowa, it could open the door for South Carolina, whose population is 27% Black compared to Iowa’s 4%, and where Biden’s campaign was revived in 2020 after major struggles in Iowa and New Hampshire.
Because of flight delays, South Carolina was presenting its case to the DNC committee on Friday.
Nevada passed legislation last year switching from a caucus to a primary, and the state is pressing to go first. But that could mean displacing not only Iowa but also New Hampshire, another predominantly white state that currently votes second.
“It’s time that we have a primary process that isn’t stuck in the past and tradition for tradition’s sake,” Democratic strategist Rebecca Lambe told committee members. “We deserve a primary that honors the future of our party and the future of our country.”
Lambe and Nevada’s delegation trumpeted the state’s large Hispanic population, new laws allowing for easier voting and strong union membership. They also stressed Nevada’s status as a swing state, its geographic range from cities like Las Vegas to rural areas, and the fact that it has just two media markets.
New Hampshire’s Democratic senators, Jeanne Shaheen and Maggie Hassan, advocated for their state, whose delegation brought swag bags featuring maple syrup and a coffee mug from the Red Arrow, a 24-hour diner in Manchester that has been a candidate must-visit for decades.
Shaheen said the state’s small size “requires candidates to roll up their sleeves, get into the details of their policies and earn the support of each New Hampshire voter.”
She also warned that “stripping New Hampshire of its long-held position” could hurt Democrats running in future Senate and congressional races. That echoed similar concerns raised by Iowa’s delegation, which said their state could become more heavily Republican if GOP presidential candidates continue to travel there frequently while Democrats focus their attentions elsewhere.
New Hampshire Democratic Party Chair Raymond Buckley noted that The Associated Press called the state’s 2020 primary less than four hours after polls closed — a veiled swipe at Iowa, whose results were so flawed that the AP never declared a winner.
“We have held presidential primaries for over 100 years,” Buckley said, “and not once have we had any reported issues.”
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter, https://twitter.com/ap_politics | https://cw33.com/news/politics/ap-politics/states-make-pitches-to-vote-1st-in-2024-democratic-primaries/ | 2022-06-24T15:06:15Z |
Street Dept. Demanding that the City Return to Negotiations
YOUNGSTOWN, Ohio, July 25, 2022 /PRNewswire/ -- Workers employed by the Youngstown Street Dept. who are represented by Teamsters Local 377 will be protesting outside of city hall on Monday, July 25 at 3:30pm. The workers are protesting a proposal to impose a contract on them after they voted it down and the refusal of city negotiators to return to bargaining so an agreement amenable to both sides can be reached.
Teamsters Local 377 represents workers in a wide variety of industries throughout Northeastern Ohio.
Contact:
Steven Anzevino, (330) 623-0377
stevenanzevino@gmail.com
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SOURCE Teamsters Local 377 | https://www.wibw.com/prnewswire/2022/07/25/teamsters-local-377-protest-outside-youngstown-city-hall/ | 2022-07-25T14:39:33Z |
Former Riverstone European General Counsel and Head of ESG Joins Petra as Head of Europe.
Industry Recognized Regulatory Compliance Expert Joins Petra as Director of Compliance.
NEW YORK and LONDON, July 21, 2022 /PRNewswire/ -- Petra Funds Group ("Petra"), a leading independent private funds administrator, today announced the opening of its London office, which will be led by former Riverstone European General Counsel and Head of ESG, Charlie Chipchase.
Mr. Chipchase, an experienced in-house private equity lawyer with over 20 years of experience, will focus on expanding Petra's European footprint with an emphasis on maintaining the same commitment to delivering a best-in-class fund administration solution for private equity, venture capital, and private debt funds.
Mr. Chipchase joins Petra from Riverstone, where he managed legal, compliance, and regulatory matters across multiple funds, capital strategies, and jurisdictions. At Riverstone, he built out and led all aspects of Riverstone's ESG program and was a member of the firm's ESG and D&I committees.
"It is an exciting time to be joining Petra and great to be teaming up with my former Riverstone colleagues," commented Charlie. "There are obviously a number of outsourced fund administration providers, but I feel Petra offers something unique to GPs, namely an outsourced fund administration business provided by seasoned professionals who think like private equity CFOs and COOs because that is their background – at a time that the weight of middle and back-office burdens is set to grow."
Petra is also excited to announce that Louis Sweeney has joined the firm as its Director of Compliance. Mr. Sweeney has over a decade of US regulatory compliance experience, which he obtained from a combination of working in-house, at FINRA, and in a compliance consulting capacity. Prior to joining Petra, Mr. Sweeney advised a wide range of broker-dealers and investment managers on various regulatory and compliance matters, including developing and maintaining compliance programs reasonably designed to achieve compliance with complex federal securities laws and regulations.
"Back-office services such as compliance are an integral part of an investment manager's overall success in the ultra-competitive private markets sector," said Louis. "Over the past several years, the SEC has heightened its scrutiny of private fund managers and has proposed sweeping changes to the regulatory landscape. I am very excited to join an all-in-one fund solution provider that enables us to work seamlessly across business units to support investment managers in meeting their reporting and compliance obligations."
Petra is led by former Riverstone General Counsel and CAO Stephen Coats and CFO Peter Haskopoulos, who head a team of over 50 fund administration professionals across the US and Europe. Petra works with GPs from first-time funds to large established managers seeking to build or improve their operational infrastructure to allow their businesses to scale.
"We are thrilled to have two industry-heavy hitters join Petra," said Stephen, Managing Partner. "Charlie's legal background, private equity experience, and understanding of what it takes to build out a comprehensive ESG program for a $40+ billion fund will be incredibly valuable to Petra's clients. Louis brings our firm additional expertise in the compliance space. At Petra, we are focused on hiring talent that has honed their craft for years on the field of play."
About Petra Funds Group
Petra Funds Group is a leading fund administration provider to global private equity, venture capital, and private debt funds. The firm is the first to deliver comprehensive fund administration and related middle and back-office services, offering global private fund managers an enhanced, data-driven solution. Our services include fund administration, investor servicing, regulatory compliance, management company services, and ESG advisory services. Petra offers fund managers a best-in-class solution of people, back-office services, and technology, enabling general partners to focus on their internal operations, investments, and investor relationships. Petra has offices in New York, London, Amsterdam, and Los Angeles and administers funds and structures in excess of $40 billion in assets.
Learn more about Petra Funds Group by visiting www.petrafundsgroup.com.
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SOURCE Petra Funds Group | https://www.kxii.com/prnewswire/2022/07/21/petra-funds-group-expands-european-footprint-with-new-esg-hire-bolsters-us-compliance-function/ | 2022-07-21T11:25:39Z |
HELSINKI, May 27, 2022 /PRNewswire/ -- Ponsse launches excellent new products to improve productivity in sustainable harvesting. The new solutions have been developed together with customers, listening to their needs. The PONSSE Scorpion Giant harvester and the PONSSE Mammoth forwarder respond to the highest requirements of modern forestry both in terms of ergonomics and productivity.
"These new products strengthen our position as one of the world's leading suppliers of responsible harvesting solutions. The development of both new forest machines started from improved ergonomics, safety and usability, as well as better visibility from the cabin. We believe that we succeeded very well in this, and we are delighted to demonstrate these new products to our customers today here in Surahammar in Sweden," says Marko Mattila, Sales, Marketing and Service Director at Ponsse.
PONSSE Scorpion Giant – power in various conditions
The PONSSE Scorpion Giant is only a giant in terms of productivity and power. The new harvester adds to the Scorpion product range, which was completely upgraded in 2021. According to customer needs, the Scorpion Giant was developed to have more tractive effort, which helps the harvester to be agile even in challenging conditions, including snow, steep slopes and soft terrain. It is in a league of its own when it comes to crane lifting power, also when handling larger stems.
"Even though the Giant is the strongest harvester in the Scorpion range, the Bear is still our most powerful harvester overall. What makes the Scorpion Giant stand out is its versatility, allowing it to be operated at various sites, as it can be fitted with the PONSSE H6, H7, H7HD Euca or H8 harvester head," Mattila says.
Unique ergonomics
Cabin ergonomics and usability have been one of the leading themes in Ponsse's research and development in recent years alongside the development of safety. The PONSSE Giant has a one-piece windscreen that extends to the roof of the cabin, offering even better visibility for the operator and ensuring safe working in all conditions. The cabin workspace is like a practical and quiet office with a view, developed to support the operator's comfort and wellbeing.
The Scorpion Giant features many solutions familiar from the Scorpion product range that have been developed even further. These include increased tractive force and a more powerful C50+ crane whose fork boom offers excellent visibility of the logging site. The Scorpion Giant also features the unique active levelling and stabilisation systems familiar from other Scorpion models. The Scorpion Giant is available with the highly advanced and modern Opti 5G system and the Opti 8 touchscreen computer.
PONSSE Opti 5G – the most modern information system on the market
PONSSE Opti 5G is the most modern information system on the market. Its smooth and fast operations raise user experiences in information systems to a whole new level. The powerful C50+ crane, combined with the Opti 5G information system, offers a whole new way to control the crane and improve operational efficiency using PONSSE Harvester Active Crane. With Harvester Active Crane, the operator can directly control the movements of the harvester head, instead of just controlling the individual operations of the crane. This allows the operator to focus on wood processing, instead of simply controlling the crane.
Harvester Active Crane, available as an option, requires the Opti 5G control system, which is currently available in the Scorpion product range's harvesters in certain market areas. The availability of Harvester Active Crane will be expanded to other machine models and market areas.
PONSSE H8 – the next generation's harvester head
The new PONSSE H8 harvester head features powerful feed, a strong grip and a sturdy but agile frame. The saw box area is even wider, making the harvester head an excellent choice for trees with a high butt diameter. The harvester head can be fitted in the PONSSE Ergo, Scorpion Giant and Bear, the strongest harvesters in our product range. The automatic features of the Opti control system, developed and built by Ponsse, control the feed speed and saw movement, according to the tree diameter, and ensure fast and precise sawing. With Active Speed, the harvester head's operating speed can be adjusted based on the tree species and stem diameter. Working with the H8 harvester head equipped with the new feature is productive and smooth, regardless of the stem size.
PONSSE Mammoth forwarder – an unprecedented load-carrying capacity
The PONSSE Mammoth forwarder, powerful in terms of productivity, expands Ponsse's forwarder range to the new category of 25-ton load-carrying capacity. Equipped with the stepless Continuously Variable Transmission (CVT) system and the PONSSE K121 loader, the Mammoth's sturdy frame structures and super-strong hydraulics ensure that large stems and heavy loads can be transported effortlessly, even in the most challenging terrain.
Ergonomics addressed in every detail in the Mammoth's development
In the PONSSE Mammoth forwarder, operator ergonomics has been addressed every step of the way. The new forwarder offers the highest productivity when driving distances are long. Less driving is required because more stems can be transported each time.
New features for improved productivity
One of the most prominent new features is the PONSSE Active Seat, developed according to forest machine operators' requests. The new Active Seat improves usability, as it turns and follows the work environment according to crane movements, increasing the forest machine operator's productivity. The Active Seat, developed by Ponsse, is only available for PONSSE forest machines.
The PONSSE Mammoth can be equipped with PONSSE Active Cabin, an effective cabin suspension system with a simple structure. It helps forest machine operators keep going, even during longer shifts, by suspending any stress on the cabin. In addition to the Mammoth, the Active Cabin is available for the Buffalo, Elephant and Elephant King forwarders.
The Mammoth can be equipped with a long rear frame, which enables the transport of oversized stems at plantations in South America, for example. The Mammoth features the largest load space in the Ponsse product range: 6.8 or 8.0 m2, depending on each customer's choice.
The PONSSE Active Crane is a loader control system for forwarders, with which the operator controls grapple movements instead of individual functions, allowing the operator to concentrate effectively on working with the loader. Active Crane is easily controlled using two levers, one of which controls the grapple height from the ground, and the other the direction of movement.
The new PONSSE Active Manual service offers helps and guidance through videos
PONSSE Active Manual is an instruction and maintenance manual service with videos to support the daily work of forest machine operators. The visual PONSSE Active Manual is an owner's manual service that runs on mobile devices and supplements the current Owner's Manual by offering videos alongside the manual. PONSSE Active Manual is available on Apple and Android app stores.
Further information
Marko Mattila, Ponsse Plc, Sales, Marketing and Service Director,
tel. +358 400 596297, marko.mattila@ponsse.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Ponsse Oyj | https://www.mysuncoast.com/prnewswire/2022/05/27/ponsses-new-products-responsible-forestry/ | 2022-05-27T06:05:04Z |
Gone Fishin': Hall of Fame Village Media, Hall of Famer Jimmy Johnson partner on TV special
#toedit
CANTON — Hall of Fame Village Media is going fishing, and Hall of Fame coach Jimmy Johnson is bringing the boat.
On Thursday, the Hall of Fame Village Media announced it is starting a new special called Gone Fishin'. Johnson will star in this one-hour special as he invites guests aboard his boat for a little fishing competition and to provide life lessons while exploring the coast of the Florida Keys, where Johnson lives.
“There’s nothing like being out on the water, and I am beyond excited to share this new adventure with some of the most well-known athletes and personalities in the world,” Johnson said in a statement released by Hall of Fame Village Media. “There is so much one can learn from others’ company while being on a boat, and I look forward to getting to know my fellow fishermen and fisherwomen on a deeper level. I appreciate Hall of Fame Village Media for bringing this idea to life and for providing a platform that will allow me and my guests to share more about who we are as people — not just celebrities.”
The HOFVM plans on premiering Gone Fishin' as a lead-up to next year’s Super Bowl. It is in discussion with multiple TV networks to premiere the special.
Johnson won a college football national championship with the University of Miami and is a two-time Super Bowl champion with the Dallas Cowboys. A member of the 2020 class of the Pro Football Hall of Fame, he is an analyst on Fox NFL Sunday.
“We are thrilled to join forces with Hall of Fame Coach Jimmy Johnson on Gone Fishin’ and enable his legions of fans to see his personality shine through in a different environment than they are accustomed — on the water, a place he absolutely loves to be,” Olivia Steier, Executive Vice President of Media for the Hall of Fame Resort & Entertainment Company said in a statement. “... Jimmy was born to coach football, fish and entertain, so we look forward to sharing with him many laughs while learning more about those moments that have impacted both his and his guests’ lives and careers.”
Filming of the special will begin this summer aboard Johnson's 39-foot SeaVee, Three Rings, named for the three championship rings he won as a head coach. | https://www.cantonrep.com/story/news/local/hall-of-fame-village/2022/05/05/jimmy-johnson-gone-fishin-hall-fame-village-media-tv-special-super-bowl-2023-dallas-cowboys-coach/9658033002/ | 2022-05-05T20:37:16Z |
Error forces redo of Florida school shooter’s jury selection
FORT LAUDERDALE, Fla. (AP) — The judge overseeing jury selection for a man who murdered 17 people at a Florida high school declared that the process will start over Monday, conceding that she should have questioned 11 potential jurors who said they would not follow the law before she dismissed them.
In granting the motion filed by Nikolas Cruz‘s prosecutors over the strong objection of his attorneys, Circuit Judge Elizabeth Scherer nullified two weeks of work by prosecution and defense lawyers, forcing them to begin the entire process anew on Monday. As a result, almost 250 potential jurors who had said they could sit for a four-month trial will not be called back next month for further questioning. More than 1,200 candidates had been screened.
Prosecutor Carolyn McCann made her argument after the 11 jurors who were improperly dismissed by Scherer two weeks ago weren’t told to return to court for more questioning Monday, as had been planned, due to a miscommunication error.
Scherer said they would be brought in next week, but McCann argued that more time would be wasted if it turned out the potential jurors had to be struck anyway. She said the prosecution has just as much right to question potential jurors and to an untainted final panel as the defense.
“This is not harmless error,” McCann said.
Melisa McNeill, Cruz’s lead public defender, strongly disagreed with the decision to strike the potential jurors now. She said Scherer should wait until next week to see if the 11 jurors returned and could be questioned. She then asked the judge to delay her decision until Monday afternoon to give her side more time to do research. Scherer sided with the prosecution, but said she might reconsider if the defense can make a persuasive argument Monday afternoon after it finishes its research.
Cruz, 23, pleaded guilty in October to murdering 17 and wounding 17 at Parkland’s Marjory Stoneman Douglas High School on Feb. 14, 2018. The 12-member jury that will be selected after a two-month, three-step winnowing process will decide if he is sentenced to death or life in prison without parole. The misstep will almost certainly push back opening statements from their scheduled date of mid-June. They had already been delayed from May 31.
Having to start all over again has been a possibility since Scherer made the error on April 5 during questioning of a group of 60 potential jurors, the fifth of 21 panels that have appeared before the judge, prosecutors and the defense.
With the previous four groups and every group since, Scherer only asked potential jurors if they knew Cruz or any of the attorneys and if they had any personal or work hardships that would make it impossible for them to serve from June through September. With the fifth group, however, she also asked if any of the candidates would not follow the law if chosen. A couple people put up their hands, then a couple more until soon there were 11 hands held aloft.
Scherer expressed surprise at the number, but dismissed them without further questioning, drawing an objection from Cruz’s attorneys in a private sidebar after they left. The defense wanted Scherer to question them further to make sure they actually believed and understood what they were saying and not simply trying to avoid jury service. Florida jury candidates who say they can’t serve are almost always questioned, regardless of the reasons they give.
Scherer, realizing her error, tried to have the jurors returned, but all except one had left the courthouse. She said the Broward County Sheriff’s Office would deliver summonses to them, but that was not done for unexplained reasons. Even if all had returned, they still might have been disqualified because they had not been given the order that Scherer gave to other potential jurors to not discuss or read about the case.
“I will never make that mistake again,” Scherer told attorneys the day after her error.
Given Cruz’s notoriety and the hatred many in the community have for him, finding jurors who can be fair promises to be an excruciatingly long process. Jurors who pass the first stage by saying they can serve four months complete questionnaires about their backgrounds and their beliefs on the death penalty. The answers are given to both sides, and then prospects are brought back in several weeks later for further questioning, including whether they can be fair to Cruz.
The jurors who are selected will decide whether aggravating factors — the multiple deaths, the planning Cruz put into the killings and the cruelty with which they were carried out — outweigh mitigating factors such as the defendant’s lifelong mental and emotional problems, possible sexual abuse and the death of his parents.
For Cruz to be executed, the jury must vote unanimously for death. If one or more vote against it, he will be sentenced to life without parole.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/25/florida-school-shooters-jury-selection-start-over/ | 2022-04-25T16:36:27Z |
June 10th Event Open to All Via ACM Website
NEW YORK, June 9, 2022 /PRNewswire/ -- ACM, the Association for Computing Machinery, has planned a 75th Anniversary Celebration conference exploring the future of computing. ACM's 75th Anniversary Celebration will be held from 9:00 AM to 4:30 PM (PDT) Friday, June 10th in San Francisco. The event will be livestreamed and accessible via the ACM homepage, www.acm.org.
The program sessions include:
Opening Plenary: From AI to Eternity (9:30-9:45 a.m.)
The opening keynote will highlight trends in AI and their implications for society.
Wendy Hall, University of Southampton
Balancing Trust and Risk (9:45-10:30 a.m.)
As computing becomes increasingly integral to society — for public services platforms, financial systems and decisions, resource allocations policy decisions and more — how do we foster trust and manage risk?
Moderator: Stefan Savage, University of California, San Diego
Panelists: Michel Beaudouin-Lafon, Université Paris-Saclay; danah boyd, Microsoft Research; Bryan Ford, EPFL (Swiss Federal Institute of Technology); James Mickens, Harvard University
Incentives and Markets (11:00 -11:45 a.m.)
The panelists will consider the intentional and unintentional incentives implicit in computing platforms and AI. They will ask "What can we as computer scientists do to address these challenges technically, and what must be addressed normatively or with regulation?"
Moderator: Kevin Leyton-Brown, University of British Columbia
Panelists: Susan Athey, Stanford University; Vincent Conitzer, Duke University and University of Oxford; Nicole Immorlica, Microsoft Research; Sendhil Mullainathan, Chicago Booth; Hal Varian, Google
Connecting Everyone Everywhere All the Time (12:00-12:45 p.m.)
What are the computational and societal opportunities and challenges posed by tera-scale networks of people, services, devices, and data as the world's population and infrastructure become more fully connected?
Moderator: Charles Isbell, Georgia Tech
Panelists: Anind Dey, University of Washington; Jure Leskovec, Stanford University; Yoelle Maarek, Amazon; Duncan Watts, University of Pennsylvania
Human-Centered AI (1:45-2:45 p.m.)
How are we building AI so that it is human-centered?
Moderator: Jitendra Malik, University of California, Berkeley
Panelists: Rodney Brooks, Robust.AI and Massachusetts Institute of Technology; Fei-Fei Li, Stanford University; Daphne Koller, insitro; Raquel Urtasun, Waabi
Global Impact (3:15-4:00 p.m.)
This panel will present an overview of how computer scientists are addressing some of the world's most urgent challenges, from medicine and life sciences to climate change and human trafficking.
Moderator: James Hendler, Rensselaer Polytechnic Institute
Panelists: Jeff Dean, Google; Priya Donti, Carnegie Mellon University; José Miguel Hernández-Lobato, University of Cambridge; Anjana Rajan, Polaris
MEDIA REGISTRATION
Contact Jim Ormond at ormond@hq.acm.org for media registration and related inquiries.
About ACM
ACM, the Association for Computing Machinery, is the world's largest educational and scientific computing society, uniting computing educators, researchers and professionals to inspire dialogue, share resources and address the field's challenges. ACM strengthens the computing profession's collective voice through strong leadership, promotion of the highest standards, and recognition of technical excellence. ACM supports the professional growth of its members by providing opportunities for life-long learning, career development, and professional networking.
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SOURCE Association For Computing Machinery, Inc. | https://www.kxii.com/prnewswire/2022/06/09/worlds-largest-computing-society-celebrates-75th-anniversary-with-livestreamed-conference-looking-how-computing-will-shape-future/ | 2022-06-09T15:38:22Z |
ATLANTA (AP) — Two deputies were killed in an ambush while attempting to serve a warrant at a home in a suburb near Atlanta, a sheriff said Friday.
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Students invent edible tortilla tape to hold food inside wraps
Published: May. 18, 2022 at 5:06 PM CDT|Updated: 43 minutes ago
(CNN) – There’s a new invention that may help make some meals less messy.
Researchers at Johns Hopkins University have designed “Tastee Tape.”
It’s an adhesive that makes sure all the items inside wraps like burritos stay locked instead of falling all over your plate.
The tape is made from food-grade fibrous scaffold and an edible adhesive, and it’s safe to eat.
“Tastee Tape” is clear, but the researchers added blue dye to it in these photos to illustrate how it can be used.
The creators are applying for a patent, so they aren’t disclosing the tape’s formula.
Copyright 2022 WBAL via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/18/students-invent-edible-tortilla-tape-hold-food-inside-wraps/ | 2022-05-18T22:49:58Z |
FOUNTAIN VALLEY, Calif., July 5, 2022 /PRNewswire/ -- Hyundai Hope On Wheels and Genesis Inspiration Foundation, 501(c)(3) nonprofit organizations, today announced John Guastaferro as their executive director. Guastaferro will be responsible for advancing the missions of both foundations while maintaining current successes, driving program growth, developing diversified revenue streams, and building greater community awareness.
"John is a dynamic leader, brand strategist, and accomplished executive who brings an impressive background in helping to transform philanthropic enterprises," said Dana W. White, chief communications officer, Hyundai Motor North America and Hyundai Hope On Wheels and Genesis Inspiration Foundation board member. "His diverse background and leadership abilities will make a positive difference in the lives of children."
Guastaferro was most recently the executive director of the Anaheim Community Foundation (ACF), where he led a transformational process to revitalize the foundation's brand and board, establishing ACF as a trusted hub of philanthropy. He also secured $4 million and launched the ACF Response & Recovery program, which helped marginalized residents impacted by the pandemic. Earlier in his career, Guastaferro served as vice president of marketing and development for the Anaheim Family YMCA.
Guastaferro is a board member of Orange County Advisors in Philanthropy and Orange County Grantmakers, a volunteer leader with several service organizations, and a passionate practitioner of the arts. Guastaferro holds a B.S. in Business Administration from California State Polytechnic University-Pomona and is certified as a Certified Fund-Raising Executive. Guastaferro reports to each foundation's Board of Directors.
Hyundai Hope On Wheels
Hyundai Hope On Wheels is a 501(c)(3) non-profit organization that is committed to finding a cure for childhood cancer. Launched in 1998, Hyundai Hope On Wheels provides grants to eligible institutions nationwide that are pursuing critical research aimed at improving treatments and saving lives. Hyundai Hope On Wheels is one of the largest non-profit funders of pediatric cancer research in the country. Primary funding for Hyundai Hope On Wheels comes from Hyundai Motor America and its more than 820 U.S. dealers. Since its inception, Hyundai Hope On Wheels has pledged $200 million in support of more than 1,000 childhood cancer research grants. To learn more about Hyundai Hope On Wheels, please visit HyundaiHopeOnWheels.org.
Genesis Inspiration Foundation
The Genesis Inspiration Foundation is a 501(c)(3) nonprofit organization committed to supporting education through the arts. Its mission is to improve educational outcomes by providing access to transformative arts programming that engages and inspires children in traditionally under resourced communities. Since its inception in 2018, Genesis Inspiration Foundation has donated nearly $3 million to fund youth arts programming at museums, schools and nonprofit arts and cultural organizations nationwide. Primary funding for Genesis Inspiration Foundation comes from Genesis retailers and charitable donations. To learn more about Genesis Inspiration Foundation, visit genesisinspirationfoundation.org.
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SOURCE Hyundai Hope On Wheels; Genesis Inspiration Foundation | https://www.kxii.com/prnewswire/2022/07/05/john-guastaferro-joins-hyundai-hope-wheels-genesis-inspiration-foundation-executive-director/ | 2022-07-05T17:41:13Z |
Dave Stewart still waiting for number to be retired by A’s
By JANIE McCAULEY
AP Baseball Writer
OAKLAND, Calif. (AP) — One of Oakland’s all-time greats is still waiting for the number retirement ceremony he was promised. Right-hander Dave Stewart, now 65, found out in August 2019 the club planned to retire his No. 34 jersey, then it didn’t happen during the pandemic-shortened 2020 season or last year. The former World Series MVP and four-time 20-game winner posted on his Twitter account this week some apparent frustration with his hometown team, saying he had no idea what was happening. | https://localnews8.com/sports/ap-national-sports/2022/04/15/dave-stewart-still-waiting-for-number-to-be-retired-by-as/ | 2022-04-15T08:27:29Z |
(NEXSTAR) – Estelle Harris, best known for her role as George Costanza’s mother on “Seinfeld” and the voice of Mrs. Potato Head in the “Toy Story” franchise, has died. She was 93.
Her representative tells Variety that Harris passed away on Saturday of natural causes.
Harris played Estelle Costanza throughout the “Seinfeld” sitcom alongside her on-screen husband, Frank Costanza, played by the late Jerry Stiller. Their son George was played by Jason Alexander. Her first appearance on the show was in an Emmy Award-winning episode from 1992, “The Contest.”
“One of my favorite people has passed – my tv mama, Estelle Harris,” Alexander posted to Twitter early Sunday morning. “The joy of playing with her and relishing her glorious laughter was a treat. I adore you, Estelle. Love to your family. Serenity now and always.”
After “Seinfeld” ended, Harris voiced Mrs. Potato Head in the 1999 Disney film “Toy Story 2.” She would later voice the character in the third and fourth installments of the franchise.
Harris appeared in many other animated projects, like “Brother Bear,” “Hercules,” and “The Wild Thornberrys,” according to Variety.
She had stopped pursuing show business when she married in the early 1950s but resumed acting in amateur groups, dinner theater and commercials as her three children grew (“I had to get out of diapers and bottles and blah-blah baby talk,” she told People). Eventually, before appearing on “Seinfeld,” Harris began appearing in guest roles on TV shows including the legal comedy “Night Court,” and in films including director Sergio Leone’s 1984 gangland epic “Once Upon a Time in America.”
According to her IMDb page, her last film role was as Mrs. Potato Head in “Toy Story 4,” which was released in 2019.
Harris is survived by her three children, three grandsons, and a great-grandson.
The Associated Press contributed to this report. | https://cw33.com/news/estelle-harris-of-seinfeld-toy-story-dies-at-93/ | 2022-04-04T14:00:00Z |
Strong Net Sales Growth of 19.4% Fueled by Pricing of 17.7% and Volume Improvement of 2.1%
Snacking & Beverages Division Delivered 9.0% Volume/Mix Growth in the Quarter, Supported by the Acceleration in Private Label Demand
Raises Fiscal 2022 Net Sales Guidance to Mid-to-High Teens Growth, Largely Driven by Pricing Actions to Recover Inflation; Reaffirms Adjusted EBITDA Guidance
HIGHLIGHTS
- Net loss from continuing operations was $(30.6) million or (2.6)% for the second quarter of 2022.
- Adjusted EBITDA from continuing operations1 was $66.5 million or 5.6% for the second quarter of 2022, which improved by 60 basis points sequentially, in line with guidance.
- TreeHouse raises its full year 2022 net sales guidance to mid-to-high teens growth year-over-year, and reaffirms expectations for adjusted EBITDA2 in the range of $385 to $415 million.
OAK BROOK, Ill., Aug. 8, 2022 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today reported net sales of $1.20 billion which increased 19.4% compared to the second quarter of 2021. Net loss from continuing operations of $(30.6) million compared to $(5.2) million for the second quarter of 2021. Adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") from continuing operations1 was $66.5 million in the second quarter of 2022 compared to $92.6 million in the second quarter of 2021.
"I'm incredibly proud of our TreeHouse team as we delivered strong top-line results, reflecting the impact of our pricing and our ability to capture incremental volume in Snacking & Beverages," said Steve Oakland, CEO and President. "The value proposition of private label is becoming increasingly important as consumers navigate this inflationary environment. In addition, the breadth of the retail landscape, improved quality and assortment, and our customers' strategic commitment to private label are driving trial and share gains. Our unwavering focus on the customer over the last several years positions us well to build on this momentum to drive growth and profitability."
"Our second quarter performance was very much in line with expectations," said Patrick O'Donnell, Interim Chief Financial Officer and Chief Accounting Officer. "We are encouraged by robust demand for private label food and beverage and we are working diligently to improve service and execute pricing to recover inflation. Despite ongoing challenges related to labor and materials availability, we continue to make gradual progress toward improving profitability and believe we are on track to deliver our full-year guidance."
OUTLOOK2
TreeHouse updated its guidance for fiscal 2022 as follows:
- Raised net sales growth to mid-to-high teens, primarily driven by pricing actions to recover inflation, and low single digit volume growth, as strengthening private label demand will be offset in part by labor and material availability.
- Reaffirmed adjusted EBITDA of $385 to $415 million, up approximately 5% year-over-year at the midpoint. The cadence of earnings is expected to be weighted toward the second half of the year, as we expect the impact of labor and supply chain disruption on our profitability and volume to be most prominent in the first half.
With regard to the cadence for the remainder of the year:
- TreeHouse expects between 50 and 100 basis points of sequential improvement in adjusted EBITDA margin in the third quarter.
- The Company has continued to work collaboratively with its customers to communicate and implement additional pricing to recover further inflation. These pricing actions will be effective late in the third quarter.
- TreeHouse believes the labor and supply chain environment will continue to be challenging in the back half of the year. Service levels will remain pressured as the Company's efforts and investment to mitigate disruption are expected to drive gradual progress.
- Fourth quarter adjusted EBITDA margin improvement is expected to be driven by additional pricing, peak seasonality, and continued efforts to mitigate labor and supply chain disruption.
________________________________________________
1 Adjusted earnings per diluted share from continuing operations, adjusted EBIT, adjusted EBITDA, adjusted net (loss) income, free cash flow and organic net sales are non-GAAP financial measures. See "Comparison of Adjusted Information to GAAP Information" for the definitions of the Non-GAAP measures, information concerning certain items affecting comparability, and reconciliations of GAAP to Non-GAAP measures.
2 The Company is not able to reconcile prospective adjusted EBITDA or adjusted EBITDA margin, which are Non-GAAP financial measures to the most comparable GAAP financial measures without unreasonable effort due to the inherent uncertainty and difficulty of predicting the occurrence, financial impact, and timing of certain items impacting GAAP results. These items include, but are not limited to, mark-to-market adjustments of derivative contracts, foreign currency exchange on the re-measurement of intercompany notes, or other non-recurring events or transactions that may significantly affect reported GAAP results.
SECOND QUARTER 2022 FINANCIAL RESULTS
Net Sales — Net sales for the second quarter of 2022 totaled $1,197.6 million compared to $1,003.2 million for the same period last year, an increase of $194.4 million, or 19.4%. The change in net sales from 2021 to 2022 was due to the following:
The net sales increase of 19.4% was primarily driven by favorable pricing to partially recover commodity and freight cost inflation and increased volume within the Snacking & Beverages segment due to growing demand in private label as the consumer seeks lower priced alternatives in the inflationary environment. This was partially offset by labor and supply chain disruption, which constrained our ability to service demand.
Gross Profit — Gross profit as a percentage of net sales was 13.5% in the second quarter of 2022, compared to 16.6% in the second quarter of 2021, a decrease of 3.1 percentage points. The decrease is primarily due to incremental costs related to labor and supply chain disruption and inbound freight costs and commodity inflation, which was partially offset by favorable pricing actions to recover inflation. The declines were partially offset by favorable category mix, favorable fixed cost overhead absorption due to higher volume, and lower costs for purchases of personal protective equipment for employees and additional sanitation measures.
Total Operating Expenses — Total operating expenses were $183.6 million in the second quarter of 2022 compared to $162.0 million in the second quarter of 2021, an increase of $21.6 million. The increase is primarily attributable to professional fees of $19.5 million in connection with its portfolio optimization strategy and higher outbound freight costs of $12.6 million due to freight cost inflation and lower utilization of full truck load shipments due to supply chain disruption. This was partially offset by lower spend in our strategic growth initiatives and other restructuring programs, which consisted mostly of lower severance and professional fees, and lower integration costs associated with the 2020 pasta acquisition.
Total Other Expense (Income) — Total other expense (income) was $11.9 million in the second quarter of 2022 compared to $10.7 million in the second quarter of 2021, an increase of $1.2 million. The increase was primarily due to unfavorable foreign currency exchange rate impacts between the U.S. and Canadian dollar currency during the second quarter of 2022 when compared to the second quarter of 2021 and a higher average interest rate reflecting the year-over-year increase in LIBOR. This was partially offset by favorable non-cash mark-to-market impacts from hedging activities, largely driven by interest rate swaps.
Income Taxes — Income taxes were recognized at an effective rate of 8.9% in the second quarter of 2022 compared to 21.2% recognized in the second quarter of 2021. The change in the Company's effective tax rate is primarily driven by the estimated amount of annual pre-tax earnings, a change in the income tax benefit from the release of tax reserves, and withholding taxes accrued in 2022.
Net (Loss) Income from Continuing Operations and Adjusted EBITDA — Net loss from continuing operations for the second quarter of 2022 was $30.6 million, compared to $5.2 million for the same period of the previous year. Adjusted EBITDA1 from continuing operations was $66.5 million in the second quarter of 2022, a 28.2% decrease compared to the second quarter of 2021. The decrease in adjusted EBITDA was primarily due to incremental costs related to labor and supply chain disruption and commodity and freight cost inflation, which was partially offset by favorable pricing actions to recover inflation. The declines were partially offset by favorable category mix and favorable fixed cost overhead absorption due to higher volume.
Discontinued Operations — Net income from discontinued operations decreased $12.4 million in the second quarter of 2022 compared to the second quarter of 2021. The decrease is due to the completion of the sale of the Ready-to-eat Cereal business on June 1, 2021.
Net Cash Used In Operating Activities From Continuing Operations — Cash used in operating activities from continuing operations was $26.6 million in the first six months of 2022 compared to $44.0 million in the first six months of 2021, a decrease in cash used of $17.4 million. The decrease was primarily attributable to an increase in cash flow from accounts payable due to improved working capital management, lower incentive compensation paid in the first quarter of 2022 compared to the first quarter of 2021 based on prior year performance, lower cash paid on interest due to debt refinancing in 2021, and an increase in cash flows from the Receivables Sales Program. This was partially offset by lower cash earnings, which reflect the impact of commodity and freight cost inflation. Working capital changes have been impacted by higher sales as a result of price increases in response to commodity and freight cost inflation, which have increased receivables and inventories. The Company's working capital management emphasis continues to be focused on driving faster collection of receivables and extending vendor terms.
SECOND QUARTER 2022 SEGMENT RESULTS
The change in net sales by segment from the second quarter of 2021 to the second quarter of 2022 was due to the following:
Meal Preparation
Net sales in the Meal Preparation segment increased $118.3 million, or 18.3%, in the second quarter of 2022 compared to the second quarter of 2021. The increase in net sales was primarily driven by favorable pricing to partially recover commodity and freight cost inflation. This was partially offset by lower volume due to labor and supply chain constraints.
Direct operating income as a percentage of net sales decreased 2.8 percentage points in the second quarter of 2022 compared to the second quarter of 2021. This decrease was primarily due to incremental costs related to labor and supply chain disruption and freight cost and commodity inflation, which was partially offset by favorable pricing actions to recover inflation. These declines were partially offset by favorable category mix and lower marketing spend.
Snacking & Beverages
Net sales in the Snacking & Beverages segment increased $76.1 million, or 21.4%, in the second quarter of 2022 compared to the second quarter of 2021. The increase in net sales was primarily driven by favorable pricing to partially recover commodity and freight cost inflation. Increasing private label demand resulted in strong category performance as the consumer seeks lower priced alternatives in the inflationary environment. However, volume growth was partially muted due to labor and supply chain disruption.
Direct operating income as a percentage of net sales decreased 1.4 percentage points in the second quarter of 2022 compared to the second quarter of 2021. The decrease was primarily due to incremental costs related to labor and supply chain disruption and freight cost and commodity inflation, which was partially offset by favorable pricing actions to recover inflation. The decrease was partially offset by favorable volume, category mix, and favorable fixed cost overhead absorption due to higher volume.
YEAR TO DATE 2022 SEGMENT RESULTS
The change in net sales from the first six months of 2021 to the first six months of 2022 was due to the following:
CONFERENCE CALL WEBCAST
A webcast to discuss the Company's second quarter earnings will be held at 8:30 a.m. (Eastern Time) today. The live audio webcast and a supporting slide deck will be available on the Company's website at www.treehousefoods.com/investors/investor-overview/default.aspx
DISCONTINUED OPERATIONS
Beginning in the third quarter of 2019, the Company determined that its Ready-to-eat Cereal business met the discontinued operations criteria and, as such, the business has been excluded from continuing operations and segment results for all periods presented. On June 1, 2021, the Company completed the sale of its Ready-to-eat Cereal business.
COMPARISON OF ADJUSTED INFORMATION TO GAAP INFORMATION
The Company has included in this release measures of financial performance that are not defined by GAAP ("Non-GAAP"). A Non-GAAP financial measure is a numerical measure of financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the Company's Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Operations, Condensed Consolidated Statements of Comprehensive Income (Loss), Condensed Consolidated Statements of Stockholders' Equity, and the Condensed Consolidated Statements of Cash Flows. The Company believes these measures provide useful information to the users of the financial statements as we also have included these measures in other communications and publications.
For each of these Non-GAAP financial measures, the Company provides a reconciliation between the most directly comparable GAAP measure and the Non-GAAP measure, an explanation of why management believes the Non-GAAP measure provides useful information to financial statement users, and any additional purposes for which management uses the Non-GAAP measure. This Non-GAAP financial information is provided as additional information for the financial statement users and is not in accordance with, or an alternative to, GAAP. These Non-GAAP measures may be different from similar measures used by other companies.
Organic Net Sales
Organic net sales is defined as net sales excluding the impacts of acquisitions, divestitures, and foreign currency. This information is provided in order to allow investors to make meaningful comparisons of the Company's sales between periods and to view the Company's business from the same perspective as Company management.
Adjusted Earnings Per Diluted Share from Continuing Operations, Adjusting for Certain Items Affecting Comparability
Adjusted (loss) earnings per diluted share from continuing operations ("adjusted diluted EPS") reflects adjustments to GAAP loss per diluted share from continuing operations to identify items that, in management's judgment, significantly affect the assessment of earnings results between periods. This information is provided in order to allow investors to make meaningful comparisons of the Company's earnings performance between periods and to view the Company's business from the same perspective as Company management. As the Company cannot predict the timing and amount of charges that include, but are not limited to, items such as divestiture, acquisition, integration, and related costs, mark-to-market adjustments on derivative contracts, foreign currency exchange impact on the re-measurement of intercompany notes, growth, reinvestment, and restructuring programs, impairment of assets, the impact of the COVID-19 pandemic, and other items that may arise from time to time that would impact comparability, management does not consider these costs when evaluating the Company's performance, when making decisions regarding the allocation of resources, in determining incentive compensation, or in determining earnings estimates. The reconciliation of the GAAP measure of diluted loss per share from continuing operations as presented in the Condensed Consolidated Statements of Operations, excluding certain items affecting comparability, to adjusted diluted (loss) earnings per share from continuing operations is presented below.
Adjusted Net (Loss) Income from Continuing Operations, Adjusted EBIT from Continuing Operations, Adjusted EBITDA from Continuing Operations, Adjusted EBITDAS from Continuing Operations, Adjusted Net (Loss) Income Margin from Continuing Operations, Adjusted EBIT Margin from Continuing Operations, Adjusted EBITDA Margin from Continuing Operations, and Adjusted EBITDAS Margin from Continuing Operations, Adjusting for Certain Items Affecting Comparability
Adjusted net (loss) income from continuing operations represents GAAP net loss from continuing operations as reported in the Condensed Consolidated Statements of Operations adjusted for items that, in management's judgment, significantly affect the assessment of earnings results between periods as outlined in the adjusted diluted EPS from continuing operations section above. This information is provided in order to allow investors to make meaningful comparisons of the Company's earnings performance between periods and to view the Company's business from the same perspective as Company management. This measure is also used as a component of the Board of Directors' measurement of the Company's performance for incentive compensation purposes and is the basis of calculating the adjusted diluted EPS from continuing operations metric outlined above.
Adjusted EBIT from continuing operations represents adjusted net (loss) income from continuing operations before interest expense, interest income, and income tax expense. Adjusted EBITDA from continuing operations represents adjusted net (loss) income from continuing operations before interest expense, interest income, income tax expense, and depreciation and amortization expense. Adjusted EBITDAS from continuing operations represents adjusted EBITDA from continuing operations before non-cash stock-based compensation expense. Adjusted EBIT from continuing operations, adjusted EBITDA from continuing operations, and adjusted EBITDAS from continuing operations are performance measures commonly used by management to assess operating performance, and the Company believes they are commonly reported and widely used by investors and other interested parties as a measure of a company's operating performance between periods.
Adjusted net (loss) income margin from continuing operations, adjusted EBIT margin from continuing operations, adjusted EBITDA margin from continuing operations, and adjusted EBITDAS margin from continuing operations are calculated as the respective metric defined above as a percentage of net sales as reported in the Condensed Consolidated Statements of Operations adjusted for items that, in management's judgment, significantly affect the assessment of earnings results between periods as outlined in the adjusted diluted EPS from continuing operations section above.
A full reconciliation between the relevant GAAP measure of reported net loss from continuing operations for the three and six month periods ended June 30, 2022 and 2021 calculated according to GAAP, adjusted net (loss) income from continuing operations, adjusted EBIT from continuing operations, adjusted EBITDA from continuing operations, and adjusted EBITDAS from continuing operations is presented in the attached tables. Given the inherent uncertainty regarding adjusted items in any future period, a reconciliation of forward-looking financial measures to the most directly comparable GAAP measure is not feasible.
Free Cash Flow from Continuing Operations
In addition to measuring the Company's cash flow generation and usage based upon the operating, investing, and financing classifications included in the Condensed Consolidated Statements of Cash Flows, we also measure free cash flow from continuing operations, which represents net cash used in operating activities from continuing operations less capital expenditures. The Company believes free cash flow is an important measure of operating performance because it provides management and investors a measure of cash generated from operations that is available for mandatory payment obligations and investment opportunities such as funding acquisitions, repaying debt, repurchasing public debt, and repurchasing common stock. A reconciliation between the relevant GAAP measure of cash used in operating activities from continuing operations for the six months ended June 30, 2022 and 2021 calculated according to GAAP and free cash flow from continuing operations is presented in the attached tables.
ABOUT TREEHOUSE FOODS
TreeHouse Foods, Inc. is a leading manufacturer and distributor of private label foods and beverages in North America. We operate in 29 product categories across two divisions and have approximately 40 production facilities across North America and Italy. Across our diverse portfolio, we offer better-for-you, natural and organic products and hold a private label leadership position across many of our categories. Our purpose is to make high quality food and beverages affordable to all. Our vision is to be the undisputed solutions leader for our custom brands. Our mission is to create value as our customers' preferred manufacturing and distribution partner, providing thought leadership, superior innovation, and a relentless focus on execution. Our long-term strategic objective is to build a company that is well positioned to deliver long-term sustainable growth and create value for our shareholders, as enabled by our two-segment structure.
Additional information, including TreeHouse's most recent statements on Forms 10-Q and 10-K, may be found at TreeHouse's website, http://www.treehousefoods.com.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and other information are based on our beliefs, as well as assumptions made by us, using information currently available. The words "believe," "estimate," "project," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could," and similar expressions, as they relate to us, are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or intended. We do not intend to update these forward-looking statements following the date of this press release. Furthermore, to the extent that we effect a divestiture of a significant portion of our Meal Preparation Business in connection with our ongoing strategic review process, our future results of operations will be impacted by such divestiture.
Such forward-looking statements, because they relate to future events, are by their very nature subject to many important factors that could cause actual results to differ materially from those contemplated by the forward-looking statements contained in this press release and other public statements we make. Such factors include, but are not limited to: the current status our efforts to divest of a significant portion of our Meal Preparation Business; the impact that any such divestiture might have on the Company's operations; risks related to the impact of the ongoing COVID-19 outbreak on our business, suppliers, consumers, customers, and employees; the success of our growth, reinvestment, and restructuring programs; our level of indebtedness and related obligations; disruptions in the financial markets; interest rates; changes in foreign currency exchange rates; customer concentration and consolidation; raw material and commodity costs; competition; loss of key suppliers; disruptions or inefficiencies in our supply chain and/or operations, including from the ongoing COVID-19 outbreak; our ability to continue to make acquisitions and execute on divestitures in accordance with our business strategy or effectively manage the growth from acquisitions; impairment of goodwill or long lived assets; changes and developments affecting our industry, including consumer preferences; the outcome of litigation and regulatory proceedings to which we may be a party; product recalls; changes in laws and regulations applicable to us; shareholder activism; disruptions in or failures of our information technology systems; disruptions resulting from the announcement of the exploration of strategic alternatives; changes in weather conditions, climate changes, and natural disasters; labor strikes or work stoppages; multiemployer pension plans; labor shortages and increased competition for labor; and other risks that are set forth in the Risk Factors section, the Legal Proceedings section, the Management's Discussion and Analysis of Financial Condition and Results of Operations section, and other sections of our Annual Report on Form 10-K for the year ended December 31, 2021, and from time to time in our filings with the Securities and Exchange Commission ("SEC"). You are cautioned not to unduly rely on such forward-looking statements, which speak only as of the date made when evaluating the information presented in this press release. TreeHouse expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein, to reflect any change in its expectations with regard thereto, or any other change in events, conditions or circumstances on which any statement is based.
The reconciliation of adjusted diluted EPS from continuing operations, excluding certain items affecting comparability, to the relevant GAAP measure of diluted EPS from continuing operations as presented in the Condensed Consolidated Statements of Operations, is as follows:
During the three and six months ended June 30, 2022 and 2021, the Company entered into transactions that affected the year-over-year comparison of its financial results from continuing operations as follows:
The tax impact on adjusting items is calculated based upon the tax laws and statutory tax rates applicable in the tax jurisdiction of the underlying Non-GAAP adjustments.
The following table reconciles the Company's net loss from continuing operations to adjusted net (loss) income from continuing operations, adjusted EBIT from continuing operations, adjusted EBITDA from continuing operations, and adjusted EBITDAS from continuing operations for the three and six months ended June 30, 2022 and 2021:
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SOURCE TreeHouse Foods, Inc. | https://www.kxii.com/prnewswire/2022/08/08/treehouse-foods-inc-reports-second-quarter-2022-results/ | 2022-08-08T12:42:59Z |
Organization focused on decreasing health disparities and increasing healthcare access now a standalone non-profit with independent Board of Directors
WARSAW, Ind., June 30, 2022 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that the Company has created an independent 501(c)(3) for Movement is Life, Inc., a philanthropic, multi-disciplinary coalition founded by the Company in 2010, that seeks to decrease musculoskeletal health disparities among women, racial and ethnic minorities and women living in rural communities. The new non-profit organization will continue its focus on raising awareness of the impact of disparities on chronic disease management and quality of life through programs that focus on early intervention, education, behavior change and advocacy.
"We're excited to take this next step in the evolution of Movement is Life as we continue on our path to address disparities in underserved communities and populations," said Mary O'Connor, MD, Co-Founder, Chief Medical Officer and Chief Compliance Officer, Vori Health, and Chair of the Movement is Life Board of Directors. "The inaugural Movement is Life Board of Directors shares my gratitude to Zimmer Biomet for their incredible support in our growth. We are excited and eager to work together as an independent organization to accomplish our goals."
The Zimmer Biomet Foundation has made a multi-year, multi-million dollar commitment to continue to support operating costs of the new organization, while enabling it to establish an independent coalition and scale its programs.
"Over the past 12 years, Movement is Life has been the premier organization addressing health disparities in orthopedics. This new nonprofit status will allow the organization to expand partnerships and develop new relationships to continue the important work of the coalition," said Keri P. Mattox, Zimmer Biomet Chief Communications and Administration Officer and Zimmer Biomet Foundation Board Member. "Zimmer Biomet and the Zimmer Biomet Foundation remain fully committed to ensuring equity in care in our communities and we are pleased to have the opportunity to continue to support Movement is Life in their growth as an independent organization."
Movement is Life has named the following distinguished leaders to the inaugural independent Board of Directors:
- Mary I. O'Connor, MD, Co-founder and Chief Medical Officer, Vori Health; Professor Emerita of Orthopedic Surgery, Mayo Clinic; Chair
- Carla Harwell, MD, Medical Director, University Hospitals Otis Moss Jr. Health Center; Associate Professor of Medicine, Case Western Reserve University School of Medicine; Vice Chair
- Ramon Jimenez, MD; Co-founder and President, American Association of Latino Orthopaedic Surgeons; Treasurer
- Charla B. Johnson, DNP, RN-BC; System Director, Nursing Informatics, Franciscan Missionaries of Our Lady Health System; Secretary
- Verona Brewton, Director of Minority Initiatives, Zimmer Biomet
- Michelle Leak, DEd, MBA, Operations Administrator, Mayo Clinic
- Chad Phipps, Senior Vice President, General Counsel and Secretary, Zimmer Biomet
- Rolf Taylor, Founder and Executive Director, Project Advocacy
Association management company Smithbucklin, in collaboration with Verona Brewton, Zimmer Biomet's Director of Minority Initiatives, has managed the transition process to ensure seamless execution and continuation of current Movement is Life programs. Millicent Gorham has been appointed as Executive Director to lead the Movement is Life organization. More information is available at www.movementislifecaucus.com.
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.
With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.
For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow Zimmer Biomet on Twitter at www.twitter.com/zimmerbiomet.
Media
Meredith Weissman
703-346-3127
meredith.weissman@zimmerbiomet.com
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SOURCE Zimmer Biomet Holdings, Inc. | https://www.wibw.com/prnewswire/2022/06/30/zimmer-biomet-announces-creation-independent-501c3-movement-is-life-coalition/ | 2022-06-30T12:37:38Z |
BARCELONA, Spain (AP) — A Spanish judge will travel to Israel to seek testimony from the head of tech company NSO, the maker of the controversial Pegasus spyware used in tapping politicians’ phones in Spain, the country’s National Court said Tuesday.
The court said that José Luis Calama has decided to lead a judicial commission that will travel to Israel to “take testimony from the CEO of the company that commercializes the Pegasus program.”
Shalev Hulio is the CEO of the Tel Aviv-based NSO Group. The court gave no date for the judge’s trip.
When asked for comment by The Associated Press, a NSO Group’s spokesperson said: “NSO operates under a strict legal framework, and is confident that this will be the result any government inquiry will reach.”
The information was made public after the judge removed the seal of secrecy from the case concerning the hacking of the cellphones of Spanish Prime Minister Pedro Sánchez and Spain’s ministers of defense and interior in May and June 2021.
The cyberattack coincided with a diplomatic rift between Spain and Morocco. But Spain’s government, which took the case to Spanish court on discovering the hacks last month, has only said that the hacks came from an “external” power. Moroccan officials have yet to speak on the matter.
NSO says that it only sells its Pegasus spyware to governments for security purposes. Pegasus has been linked to the hacking of other political leaders and activists in other countries. NSO has denied playing any part of this apparent misuse of its evasive technology that has come to light thanks to the work of digital-rights groups inspecting individual phones.
Judge Calama also cited Spain’s Minister of the Presidency, Félix Bolaños, to answer questions on July 5. Government spokesperson Isabel Rodríguez said that minister Bolaños had been called to testify because “he was the minister who took the case to court” on behalf of the government.
The court also said that the judge had already questioned the former chief of Spain’s intelligence agency, Paz Esteban, who was fired after the phone hacking was revealed. In what is apparently a separate use of Pegasus by Spain, Esteban acknowledged that her agency had used the technology to tap the phones of some Catalan separatist politicians. | https://cw33.com/business/ap-business/spanish-judge-to-seek-testimony-from-nso-on-pegasus-spyware/ | 2022-06-07T17:27:20Z |
South Charleston and Parkersburg locations both opening on Saturday, May 21 at 10 a.m.
TALLAHASSEE, Fla., May 19, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, today announced the grand opening of its third and fourth medical dispensaries in West Virginia. Located at 4701 MacCorkle Ave. SW in South Charleston and 152 Park Shopping Center in Parkersburg, both dispensaries will open at 10 a.m. on Saturday, May 21, 2022.
Trulieve is marking the occasion with the launch of two new strains available only at these two dispensaries: Chocolope Newberry Live Budder and Pineapple Upside Down Cake Flower. The first patient served in South Charleston will be cancer survivor Rusty Williams and the first patient served at the Parkersburg location will be military veteran Jason Lowe.
Grand opening festivities throughout the day at both new dispensaries will include numerous partner giveaways, music, food trucks, deals and specials, and all registered patients will receive a 25% discount. On-site medical care specialists will be available to assist with medical card registration and certification for West Virginia patients.
"We are thrilled to expand medical cannabis in West Virginia and deliver on our commitment to serving patient communities with high quality and reliable medical cannabis products," said Trulieve's Chief Executive Officer Kim Rivers, "We look forward to welcoming patients across West Virginia and strengthening community connections in this developing market."
In November 2021, Trulieve was the first to open a medical dispensary in West Virginia. The Company continues to serve patients at its dispensaries in Morgantown, located at 1397 Earl Core Rd., and Weston, located at 137 Staunton Dr. Both locations will immediately extend their hours of operation to seven days week to help facilitate patient demand.
Trulieve expects to open five more dispensaries in West Virginia this year, including locations in Belle, Huntington, Hurricane, Milton and Morgantown-Granville.
Trulieve patients will have access to a selection of premium whole flower products, including TruFlower and Cultivar Collection, as well as a wide selection of vapes, tinctures, topicals, and ingestibles. Other in-house brands available in West Virginia include TruClear, Muse and Momenta.
For more information on store locations, please visit trulieve.com/dispensaries/west-virginia.
About Trulieve
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
Facebook: @Trulieve
Instagram: @Trulieve_
Twitter: @Trulieve
Investor Contact
Christine Hersey, Executive Director of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com
Media Contact
Rob Kremer, Executive Director of Corporate Communications
+1 (404) 218-3077
Robert.Kremer@Trulieve.com
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SOURCE Trulieve Cannabis Corp. | https://www.mysuncoast.com/prnewswire/2022/05/19/trulieve-celebrates-two-medical-dispensary-openings-west-virginia/ | 2022-05-19T21:42:47Z |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
OSLO, Norway, June 14, 2022 /PRNewswire/ -- Reference is made to the previous stock exchange announcements by Aker Offshore Wind AS ("Aker Offshore Wind" or "AOW") regarding the contemplated merger with Aker Horizons ASA ("Aker Horizons"). The merger will be carried out as a triangular merger whereby AOW will merge with Aker Horizons' wholly-owned subsidiary AH Tretten AS as the surviving entity and Aker Horizons will issue consideration shares.
The creditor notice period for the merger will expire at midnight on Thursday 16 June 2022. Provided that no creditors have objected to the merger by such time, the merger is expected to be completed after close of trading on the Oslo Stock Exchange on Friday 17 June 2022 (the "Effective Date"), which accordingly will be the last day of trading in the AOW shares on Euronext Growth (Oslo).
Eligible shareholders in AOW (other than Aker Horizons) will receive 0.1304 merger consideration shares in Aker Horizons for each share owned in AOW as of the expiry of the Effective Date, as such shareholder appear in the shareholder register with Euronext Securities Oslo (the "VPS") as at the expiry of two trading days thereafter (the "Record Date"), expected to be Tuesday 21 June 2022.
The consideration shares are expected to be delivered to the eligible shareholders through VPS on or about Wednesday 22 June 2022. Fractions of shares will not be allotted, and the number of consideration shares delivered to each eligible AOW shareholder will be rounded down to the nearest whole number. Excess shares, which as a result of this round down will not be allotted, will be issued to and sold by DNB Markets, a part of DNB Bank ASA. The sales proceeds will be given to Aker Horizons, which will give the sales proceeds further to charity.
Advisors
Pareto Securities AS is engaged as financial adviser to AOW and Advokatfirmaet Thommessen AS is acting as legal counsel to AOW. Advokatfirmaet BAHR AS is acting as legal counsel to Aker Horizons.
CONTACT:
Investor contact:
Tom Selwood, +44 (0)7743 502455, tom.selwood@akeroffshorewind.com
Media contact:
Maria Lanza Knudsen, +47 484 42 426, maria.knudsen@akeroffshorewind.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Aker Offshore Wind AS | https://www.wibw.com/prnewswire/2022/06/14/aker-offshore-wind-update-merger-with-aker-horizons/ | 2022-06-14T07:05:42Z |
Researchers in the remote Puna Desert of Argentina discover "extremophiles" that make plant growth possible on highly degraded soil, boost yields 9-13% on fertile soil and replace synthetic fertilizers
BUENOS AIRES, Argentina, Sept. 1, 2022 /PRNewswire/ -- Today Puna Bio announces $3.7 million in seed funding that will be used to commercially launch its first soybean seed treatment in Argentina that is cost competitive to existing biological solutions, expand field trials for wheat and corn, and pursue the regulatory pathway in the United States and Brazil.
The oversubscribed round is led by At One Ventures and Builders VC, with participation from Brazil-based SP Ventures and Air Capital, as well as follow-on from pre-seed funders IndieBio (SOSV), GLOCAL, and Grid Exponential.
Puna Bio's founding team has discovered and studied for over 20 years life in the Puna de Atacama of the Andes, a high-altitude desert (4500m above sea level) full of salt flats, active volcanoes, saline wetlands and desert soil. "La Puna" is the highest and driest desert on Earth, with one-fifth the rainfall of Death Valley. Yet even under those extreme conditions of degraded, acidic, UV-irradiated and salinated soil, there are organisms 3.5 billion years old that have not just survived, but thrived.
"By looking at the genomics of the bacteria from this harsh environment – which resembles primitive Earth, or even Mars – we were able to understand how specific genes generate processes that allow plants to overcome stress conditions," said co-founder and CRO María Eugenia Farías, who has studied La Puna for 20 years and published over 100 research papers on the topic. "Those properties can then be applied to food crops, to help them grow in similar environments with a lack of nutrients, drought conditions, drastic temperature changes and high UV radiation, which are all of the challenges we are seeing today."
One-third of the world's agricultural soil is now considered "degraded," due to continual plowing of fields, heavy use of fertilizers, pollution and erosion which is occurring at a pace of up to 100 times greater than the rate of soil formation, according to the United Nations.
In just the past few decades, agricultural production has increased 3X and irrigated land has doubled to meet the global demand for food, which is predicted to increase by 60-70% by 2050 as we hit a population of 9 billion, creating a potential food catastrophe.
"Without bold innovation, we will soon run out of healthy arable soil sufficient to feed the planet," said CEO and co-founder Franco Martínez Levis. "Puna Bio's seed treatment repairs and restores soil health with these proprietary extremophiles; we've seen yield increases of up to 25% in individual trials in high stress conditions."
"But the magic of these microbes extends beyond just land that is suffering," he added. "Like an athlete who trains at high altitudes, at sea level they will outperform. On regular land, with fertile soil, the seed treatment boost yields on average 9-13% – that's 3-4X more than the biologicals that the big players in this market are offering. Also, our 'win rate' is over 90%, compared to the 67% of our competitors, meaning the results are more consistent and the ROI to the farmer is clear."
Puna Bio has scaled to over 20,000 acres of product coverage for soybeans in Latin America, using both single strain and mixed strain products. They have obtained an exclusive license from the National Scientific and Technical Research Council of Argentina for exclusive use of strains for 20 years, globally, in compliance with the Nagoya Protocol.
"Scientists are working hard on GMOs like drought-tolerant soy and wheat, and we saw Puna Bio as a complement to those efforts," noted Laurie Menoud, founding partner of At One Ventures. "The problem of feeding our growing population is massive, so it's not an either-or. We need both genetics and biologicals (on cost parity to agrochemicals) to work together to elevate production levels without affecting natural resources while ensuring long-term sustainability of the agricultural business."
The company's seed treatment is shelf stable and is already being tested by farmers in the United States. They plan to expand their R&D team and conduct field trials for wheat and corn, both of which use very little biological treatments and are more reliant on agrochemicals, specifically nitrogen fertilizers.
Puna Bio's scientists have already identified and isolated specific strains of extremophiles that reduce the need for nitrogen fertilizer by approximately 20% and are carrying out field trials with new strains that aim to increase that number to 30%. Reduction of nitrogen fertilizers will in turn reduce carbon emissions, as they are currently the source of one-third of total agricultural emissions.
"Puna Bio, at scale, could be one of the most important mitigators of the effects of climate change on our food stock," said Mark Goldstein, Managing Partner of Builders VC. "It's an exciting journey to be part of and we're looking forward to seeing Puna Bio truly impact the marketplace."
About Puna Bio
Puna Bio focuses on repairing soil health using extremophiles – microorganisms 3.5 billion years old, sourced from La Puna, the highest and driest desert on Earth. Their biological inputs allow farmers to increase yields, reduce fertilizer use, and grow crops on degraded soil - affected by erosion or salinization. The company was founded in late 2020, and has quickly scaled their R&D operations and field trials in Argentina and the USA, having treated more than 600 tonnes of soybean seeds and performed trials in more than 20,000 acres in Latin America. For more information, please visit https://puna.bio/.
About At One Ventures
At One Ventures invests in deep-tech startups catalyzing a world where humanity is a net positive to nature. The firm is highly technical and was founded by Tom Chi, former Head of Experience and founding member at Google X. At One Ventures finds, funds, and grows companies that are using disruptive deep tech to upend the unit economics of established industries while dramatically reducing their planetary footprint.. To date, At One Ventures has invested in 25 startups, including Iron Ox, Ascend Elements, Dendra, Gradient, Apis Cor, Alchemie Technology, and Cruz Foam. For more information, please visit https://www.atoneventures.com/.
About Builders VC
Builders VC is a San Francisco-based seed and Series A venture firm with over ten investments in agriculture and foodtech alone. Builders invests in teams disrupting the status quo that are on the right side of ESG. See www.builders.vc for more.
Contact: info@punabio.com
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SOURCE Puna Bio | https://www.kxii.com/prnewswire/2022/09/01/puna-bio-raises-37m-seed-funding-restore-soil-health-with-desert-microbes/ | 2022-09-01T17:11:33Z |
- After tripling its subscriber base in just one year, Prime, the world's first travel subscription service, has reached 3 million members
- The continued and exponential growth of Prime is indicative of the company's success in evolving from a transaction-led business to a subscription-based model
- New territories are planned to launch later this year, with the business on track to reach 7.25 million members in fiscal year 2025
BARCELONA, Spain, June 8, 2022 /PRNewswire/ -- eDreams ODIGEO, Europe's largest online travel company, the largest globally in terms of flights outside of China and one of the largest European e-commerce businesses today announced that its innovative travel subscription program, Prime, has reached another key milestone of three million members after tripling its subscriber base in just one year.
First launched in France in 2017, Prime is the first subscription service in the travel sector, offering subscribers across 9 countries access to exclusive discounts and promotions on flights, hotels and car hire. In addition to access to deals and travel itineraries that cannot be found elsewhere, Prime members also enjoy a more personalised experience and access to a 24/7 priority customer service hotline, making booking travel easier and more convenient.
The announcement follows the historic 'Prime Days' campaign held earlier this year, which marked the largest number of sales in a single day ever recorded in the business' 22-year history. The campaign, in its third edition, offered further discounts and better conditions to Prime members. On average, the participating airlines benefited from a two-fold increase in their booking volumes compared to the previous week.
Commenting on the milestone, Dana Dunne, CEO of eDreams ODIGEO, said: "We are incredibly proud to reach another historic milestone with Prime. The continuous and exponential growth of our subscriber base demonstrates the product's compelling offer and appeal to consumers. Our unique customer proposition offers the highest levels of convenience, personalisation, flexibility and choice to travellers worldwide. With Prime, we build long-lasting relationships with our customers and solve all of their travel needs throughout their journey, all while saving them time and money.
Everyone at eDreams ODIGEO has contributed to making this happen. Whether you're working in our coding, sales or customer service teams, our transition from a transaction-based business into a subscription company is delivering great results and it is a very exciting time to be part of our team. We are well on our way to achieving 7.25 million Prime subscribers in fiscal year 2025 and are excited for what the future holds."
Prime members have access to flights across 690 airlines and 2.1 million hotels worldwide, all at exclusive discounted fares.
About eDreams ODIGEO
eDreams ODIGEO is one of the world's largest online travel companies and one of the largest e-commerce businesses in Europe. The business is the largest flight retailer globally, excluding China,and the largest in Europe. Under its four leading online travel agency brands – eDreams, GO Voyages, Opodo, Travellink, and the metasearch engine Liligo – it serves more than 17 million customers per year across 44 markets. Listed on the Spanish Stock Market, eDreams ODIGEO works with over 690 airlines and +2.1 million hotels. The business conceptualised Prime, the first subscription product in the travel sector which has attracted 3 million members since launching in 2017. The brand offers the best quality products and the widest choice of regular flights, low-cost airlines, hotels, dynamic packages, cruises, car rental services and travel insurance products to make travel easier, more accessible, and better value for consumers across the globe.
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SOURCE eDreams ODIGEO | https://www.mysuncoast.com/prnewswire/2022/06/08/edreams-odigeo-hits-3-million-members-milestone-with-its-innovative-subscription-program/ | 2022-06-08T13:46:39Z |
Anthology Student, Reach, Apply and Succeed Solutions to Unlock Richer Learner Insights and Expand Access Across Global Community
BOCA RATON, Fla., Sept. 1, 2022 /PRNewswire/ -- Anthology, a leading provider of education solutions that support the entire learner lifecycle, today announced that BYU-Pathway Worldwide will implement two of Anthology's flagship solutions – Anthology Student and Anthology Reach – to deliver dynamic, data-informed experiences to its nearly 60,000 learners as the online institution enjoys continued and rapid growth.
"As an online institution, our systems are our campus, and we are excited to use the maturity and flexibility of Anthology products to serve our students throughout the world in multiple locations and languages," said Troy Davis, Chief Information Officer at BYU-Pathway Worldwide. "Our certificate-first approach is changing lives, helping students to gain the skills needed to obtain new or better employment early in their degree. The partnership with Anthology will enable our service missionaries, administrators and faculty to access more efficient processes and clearer insights that will allow them to intervene at the right times in the right ways with students across the globe."
Growing from 50 learners in three locations in 2009 to 57,000 in 188 countries currently, BYU-Pathway chose Anthology's student information system (SIS), Anthology Student, to streamline workflows for the entire education lifecycle and save time for faculty, staff, mentors and learners, centralizing everything from admissions applications to academic advisement and program catalogs in one solution.
Anthology Reach, a modern cloud-based customer relationship management (CRM) tool that includes Anthology Apply and Succeed solutions, will enable BYU-Pathway to better manage and connect admissions, student success and retention. It will allow the institution to respond dynamically to each learner's unique experiences and needs at every stage of their journey in one central hub.
"By combining insights across critical systems to inform more relevant engagement between staff, faculty and learners, our solutions break down data silos and allow institutions to provide better services and support at the right time with the right actions and messages," said Jim Milton, Chairman and Chief Executive Officer at Anthology. "BYU-Pathway Worldwide has entrusted Anthology as a partner on its mission to support learners and change lives around the globe. We look forward to helping BYU-Pathway establish and scale a fully connected online community that serves an expanding student population worldwide in multiple locations and languages."
Launched in 2009, BYU-Pathway Worldwide offers spiritually based, online higher education within the Church Educational System of The Church of Jesus Christ of Latter-day Saints. Certificates and degrees are offered in partnership with BYU-Idaho and Ensign College.
Anthology offers the largest EdTech ecosystem on a global scale for education, supporting more than 150 million users in 80 countries. With a mission to provide dynamic, data-informed experiences to the global education community through Anthology Intelligent Experiences™, we help learners, leaders and educators achieve their goals by offering over 60 SaaS products and services designed to advance learning. Discover more about how we are fulfilling our mission for education, business and government institutions at www.anthology.com.
Contact:
Chelcee Coffman,
chelcee.coffman@blackboard.com,
(704) 615-7603
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SOURCE Anthology | https://www.wibw.com/prnewswire/2022/09/01/byu-pathway-worldwide-partners-with-anthology-deliver-data-driven-connected-ecosystem-its-rapidly-growing-online-campus/ | 2022-09-01T13:42:55Z |
VOLUSIA COUNTY, Fla. (WFLA) — Former WWE star and current AEW wrestler Jeff Hardy was arrested in Florida early Monday morning, according to reports.
WESH 2 News reported Hardy was pulled over on I-95 by Florida Highway Patrol after they received calls about a possible impaired driver in Volusia County.
He was arrested on three charges, including a third DUI offense within the last 10 years and driving with a suspended license.
He was taken to the Volusia County Jail on a $3,500 bond.
WWE describes Hardy as “one of the most popular WWE Champions in history.”
Hardy, known as The Charismatic Enigma, is half of the wrestling duo The Hardy Boyz with his brother Matt, reports sister station WGHP.
They were set to wrestle in the World Tag Title 3-Way Ladder Match against Jungle Boy, Luchasaurus and the Young Bucks on AEW Dynamite on Wednesday. It’s unclear whether the arrest will affect the match. | https://cw33.com/news/nexstar-media-wire/ex-wwe-star-jeff-hardy-arrested-in-florida-on-dui-charge-report-says/ | 2022-06-14T13:03:11Z |
...HEAT ADVISORY REMAINS IN EFFECT FROM 10 AM EDT /9 AM CDT/ THIS
MORNING TO 9 PM EDT /8 PM CDT/ THIS EVENING...
* WHAT...Heat index values of 105 to 110 expected.
* WHERE...Portions of southeast Alabama, south central and
southwest Georgia and Big Bend and Panhandle Florida.
* WHEN...From 10 AM EDT /9 AM CDT/ to 9 PM EDT /8 PM CDT/ Friday.
* IMPACTS...Hot temperatures and high humidity may cause heat
illnesses to occur.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Drink plenty of fluids, stay in an air-conditioned room, stay out
of the sun, and check up on relatives and neighbors. Young
children and pets should never be left unattended in vehicles
under any circumstances.
Take extra precautions if you work or spend time outside. When
possible reschedule strenuous activities to early morning or
evening. Know the signs and symptoms of heat exhaustion and heat
stroke. Wear lightweight and loose fitting clothing when
possible. To reduce risk during outdoor work, the Occupational
Safety and Health Administration recommends scheduling frequent
rest breaks in shaded or air conditioned environments. Anyone
overcome by heat should be moved to a cool and shaded location.
Heat stroke is an emergency! Call 9 1 1.
&&
Denise Richards is following her teenage daughter onto OnlyFans
Denise Richards has made her debut on OnlyFans, just days after her teenage daughter joined the platform famous for its NSFW content.
The "Real Housewives of Beverly Hills" alum announced in an Instagram story Thursday that she was the latest member of the subscription-based service.
Sharing a photo of herself posing flirtatiously, Richards simply tagged the OnlyFans Instagram account and added the caption: "Link in bio baby."
The 51-year-old actress followed up the news with an Instagram video that showed her walking barefoot along a beach, wearing a white dress. The straps of her dress had fallen down her shoulders and she hiked the dress up as she frolicked in the sea.
"Ready...here we go💛," the "Scary Movie 3" star wrote, adding the hashtag "#onlyfans" and directing her 1.4 million followers to the link to subscribe to her content for $25 a month on her fully verified page.
Richards is following in the footsteps of stars including actress Carmen Electra, singer Aaron Carter and, of course, her 18-year-old daughter Sami Sheen.
Last week, Sheen's father -- Richards' ex-husband -- Charlie Sheen publicly expressed his disapproval of his daughter's business venture. Sheen is offering her content for $19.99 a month.
"I do not condone this," the former "Two and a Half Men" star told E! News. "But since I'm unable to prevent it, I urged her to keep it classy, creative and not sacrifice her integrity."
He added: "She is 18 years old now and living with her mother. This did not occur under my roof."
But Richards, who also shares 17-year-old daughter Lola with Sheen, insisted that her daughter's choices did not depend on who she lives with, telling People: "All I can do as a parent is guide her and trust her judgment, but she makes her own choices."
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/entertainment/denise-richards-is-following-her-teenage-daughter-onto-onlyfans/article_d9c4ae13-479a-555d-a7d7-7765cd5b48a9.html | 2022-06-24T17:30:39Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Now in their second year of partnership, H&M USA and Buy From A Black Woman (BFABW) have announced Actress, Producer and CEO Tracee Ellis Ross as the non-profit's new ambassador for 2022. Having launched her own hair care company, PATTERN, in 2018, Ross will amplify the non-profit's mission of helping other Black Woman owned businesses flourish through a community of support and resources.
On June 10th, Ross and BFABW Founder Nikki Porcher sat down together at H&M's Los Angeles showroom to have a candid discussion about the challenges and successes Black Woman encounter as business owners. Joined by members of the Buy From a Black Woman (BFABW) community and surrounded by a display of products from member businesses, Ross and Porcher delved into topics such as starting your own business, strengthening a network of Black women business owners, and how Black women are often called to create their own path to fill a need that is often unrecognized by corporations. Ross, herself a talented multihyphenate with years of experience in entertainment and business, gave words of wisdom and advice to young Black women seeking to achieve their own goals in a world where they may not always be seen.
"I am proud to help support Buy From a Black Woman and the incredible network of business owners they've brought together," says Ross. "Black women and their contributions are often overlooked, which is why it's crucial for us to come together to build, strengthen and create our own opportunities for success."
Buy From a Black Woman is a non-profit organization founded in 2016 by Nikki Porcher that connects hundreds of Black Woman owned businesses across the United States and provides a community of support with the goal of helping their businesses flourish. Throughout 2021, H&M sponsored events like the Buy From A Black Woman Inspire Tour and the BFABW Holiday Market which ran November through December 2021 at H&M's Times Square location. These events, which saw products from over 50 Black Woman owned businesses sold at H&M locations across the country, exposed new customers to these Buy From a Black Woman member businesses and business owners.
"It's hard to describe in words what it means to have Tracee Ellis Ross as an ambassador for Buy From A Black Woman. This year we are celebrating and showing the world that Black Women are living examples. I couldn't think of a better example to help us spread our message of just how important it is to buy from and support Black Women Business Owners better than Ms. Ross. We are truly honoured to work with her and to continue our partnership with H&M," says Nikki Porcher, Founder of Buy From a Black Woman.
Now in the second year of partnership, H&M USA will continue its support of Buy From a Black Woman through a variety of activities and support aimed at continuing the growth and success of the business owners, beginning with a donation of $250,000. This summer, H&M USA will again sponsor the organization's Buy From a Black Woman Inspire Tour, leveraging H&M USA's channels and brick and mortar locations to highlight Black Woman owned businesses across the country.
"We are thrilled to announce our partnership with Tracee Ellis Ross to propel our support of Buy From a Black Woman even further," says Donna Dozier Gordon, Head of Inclusion and Diversity for H&M Region Americas. "Ms. Ross' role as Buy From A Black Woman ambassador will be a force multiplier in amplifying the critical work being done to elevate the success of Black woman business owners, and in turn, uplift entire communities. H&M's collaboration with Buy From A Black Woman continues to exemplify the impact we want to have in empowering and creating capacity in the communities in which we live and work."
For images click here.
To shop Tracee's look, click here.
For more information on Buy From a Black Woman please contact:
Nikki Porcher, Founder
Email: info@buyfromablackwoman.org
Customers can also donate here.
Support and Discover Businesses Owned and Operated by Black Women here.
For more information on H&M please contact:
H&M Media Relations
Email: media.relations@hm.com
*We hope you enjoyed reading about the latest H&M news, but if not please just send an email to Mediarelations.us@hm.com and request to be removed from our media list.
H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M's business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands COS, Monki, Weekday, & Other Stories, H&M HOME and ARKET as well as Afound. For further information, visit hmgroup.com
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SOURCE H&M | https://www.kxii.com/prnewswire/2022/06/13/hampm-announces-tracee-ellis-ross-ambassador-its-partnership-with-buy-black-woman/ | 2022-06-13T13:59:16Z |
Wichita man faces five years in prison after pleading guilty to tax fraud
WICHITA, Kan. (WIBW) - A Wichita man faces five years in prison after he pleaded guilty to tax fraud in district court.
The U.S. District Attorney’s Office of Kansas says Jesus Perez-Aguayo, 39, of Wichita, has pleaded guilty to one count of failure to pay over payroll taxes.
Court documents indicate Perez-Aguayo owned and operated two companies, JLP Construction and JP Remodeling, and had the responsibility to collect employee payroll taxes and then forward the funds to the Internal Revenue Service.
Between 2014 and 2019, court records show Perez-Aguayo admitted to not paying the full amount due to the IRS, which created a tax loss of about $286,049. He also admitted to using this business bank account for personal expenses.
“Mr. Perez-Aguayo’s guilty plea shows that IRS Criminal Investigation will aggressively pursue those who commit employment tax fraud,” said Special Agent in Charge Tyler Hatcher, IRS Criminal Investigation. “When business owners collect and then fail to pay over employment taxes, it not only hurts the government but all of the honest and hardworking employees as well.”
After he pleaded guilty to failure to pay payroll taxes, the Office said Perez-Aguayo could be sentenced to up to five years in prison. A federal district court judge will decide that sentence after considering U.S. Sentencing Guidelines and other statutory factors.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/08/wichita-man-faces-five-years-prison-after-pleading-guilty-tax-fraud/ | 2022-04-08T17:43:22Z |
TORONTO, June 1, 2022 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi") (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is pleased to announce that, further to its news release dated May 9, 2022, it has changed its name from "DeFi Technologies Inc." to "Valour Inc."
At the opening of the markets on June 1, 2022, the Company's common shares will commence trading under the new name "Valour Inc.". The Company's new CUSIP number is 92027E105 and its new ISIN is CA92027E1051. The ticker symbol of the Company on the NEO Exchange and on the OTCQB Market remains unchanged.
There is no consolidation of the Company's share capital in connection with the name change. As a result, shareholders are not required to exchange their existing share certificates for new certificates bearing the Company's new name. The name change does not affect the Company's share structure or the rights of the Company's shareholders, and no further action is required by existing shareholders.
Valour Inc. (NEO: DEFI) (GR: RMJR) (OTC: DEFTF) is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem. For more information or to subscribe to receive company updates and financial information, visit valour.com.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the name change of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "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" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information 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 information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
THE NEO STOCK EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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SOURCE DeFi Technologies, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/defi-technologies-inc-announces-name-change-valour-inc/ | 2022-06-01T12:29:03Z |
Amazon and some large drug store chains began this week limiting purchases of emergency contraception to three pills per customer, company representatives confirmed to CNN.
Amazon has a temporary quantity limit of 3 unites per week on emergency contraceptive pills, including Plan B, a representative for the company told CNN on Tuesday.
Rite Aid is also limiting purchases.
"Due to increased demand, at this time we are limiting purchases of Plan B contraceptive pills to three per customer," Alicja Wojczyk, senior manager of external communications for Rite Aid told CNN in an email.
On Monday, CVS told told CNN in an email that although CVS had "ample supply" of Plan B and Aftera -- two types of emergency contraception -- the company was limiting purchases to three per customer "to ensure equitable access and consistent supply on store shelves."
On Tuesday, CVS removed those purchase limits, a company representative told CNN.
"Immediately following the Supreme Court decision, we saw a sharp increase in the sale of emergency contraceptives and implemented a temporary purchase limit to ensure equitable access," Matt Blanchette, Senior Manager of Retail Communications with CVS Pharmacy, told CNN in an email.
"Sales have since stabilized and we're in the process of removing the purchase limits, which will take effect in-store and on CVS.com over the next 24 hours," he said.
"We continue to have ample supply of emergency contraceptives to meet customer needs," Blanchette added.
Emergency contraception reduces the chance of pregnancy after unprotected sex, according to the American College of Obstetricians and Gynecologists. Common situations when it is used include after forgetting to take several birth control pills or when a condom breaks or falls off.
The purchasing limits for emergency contraception come after the Supreme Court overturned Roe v. Wade on Friday. Several states immediately moved to effectively prohibit abortions.
"Using (emergency contraception) does not cause an abortion. An abortion ends an existing pregnancy. EC prevents pregnancy from occurring. EC must be used soon after unprotected sexual intercourse to be effective. It does not work if pregnancy has already occurred," ACOG said.
Pills, such as Plan B and Aftera, are one type of emergency contraception. Some can be bought over the counter and others require a prescription.
Copper intrauterine devices, or IUDs, can also be used as emergency contraception if inserted within about five days of intercourse.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/amazon-and-rite-aid-limiting-purchases-of-emergency-contraception/article_96e5046a-258f-586d-a2d0-de782b8115d9.html | 2022-06-28T22:39:22Z |
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