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LOS ANGELES, Aug. 29, 2022 /PRNewswire/ -- Westwood Financial, a leading retail real estate investment firm, announced today its first investment offering with CrowdStreet, the nation's largest online private equity real estate investing platform. Village at Peachtree Corners, a 100% leased grocery anchored neighborhood shopping center in Atlanta, is being listed on CrowdStreet's Marketplace. "We are excited to partner with CrowdStreet on this retail center. The level of due diligence they performed on the investment and on Westwood Financial was of high quality, both in depth and scope," said Mark Bratt, Chief Executive Officer. "CrowdStreet can be a viable alternative as Westwood expands its current investor base," Mark added.
The 88,850 square feet center was purchased in February 2022 and features national anchor tenants Lidl, the largest retailer in Europe, and PopShelf, a wholly owned subsidiary of Dollar General. The property is located within the affluent city of Peachtree Corners which is characterized by high income, well-educated working families, and is the largest city in Gwinnett County. The center achieved 23,884 square feet of leasing velocity within the first six months of 2022, bringing the center to 100% leased. "The combination of the asset's ideal location and stable cash flow makes it an excellent investment opportunity. In addition, we not only already have the benefit of a large Atlanta portfolio, but also an experienced leasing and property management team in place at our Atlanta office," said Lauren Ball, SVP and Head of Leasing.
Westwood will retain a minimum of 20% ownership in the asset and is looking to raise approximately $6.1 million dollars of Membership interests with a minimum investment of $25,000 from accredited investors. Details of the investment opportunity are posted on CrowdStreet's website and will be available for 45 days or until the target investment amount is reached. Offers will be accepted after the scheduled live webinar with Westwood executives on September 8th, which will include an overview of the opportunity and a Q&A session with potential investors.
About Westwood Financial
Westwood Financial owns / manages and operates over 124 high-quality shopping centers located in top U.S. metropolitan markets including Atlanta, Charlotte, Dallas, Denver, Jacksonville, Los Angeles, Orlando, Phoenix, and Raleigh. The centers are primarily anchored by top-tier grocers as well as leading service and experiential-based operators. Established in 1970, Westwood Financial is headquartered in Los Angeles, with regional offices in Atlanta, Dallas, and Scottsdale. More information is available at www.westfin.com.
Contact:
Brett Johnston
Vice President Operations/Investor Relations
bjohnston@westfin.com
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SOURCE Westwood Financial | https://www.wibw.com/prnewswire/2022/08/29/westwood-financial-announces-first-investment-offering-with-crowdstreet/ | 2022-08-29T18:28:05Z |
Final house ready to move for Montpelier Temple
MONTPELIER, Idaho (KIFI) - The final house is off its foundation to make room for the Montpelier Temple for the Church of Jesus Christ of Latter-day Saints.
This last house is prepped and ready to move one mile this Friday morning.
It won't be an easy under-taking.
The two story home was built in 1903 according to its owner making it a challenge for the movers and utility crews.
The owner tells us the power may be shut off to some areas during the move.
It is planned for 9 a.m Friday. | https://localnews8.com/news/idaho/2022/04/28/final-house-ready-to-move-for-montpelier-temple/ | 2022-04-29T01:56:38Z |
FORT LAUDERDALE, Fla., May 26, 2022 /PRNewswire/ -- Haig Partners LLC released its closely followed Q1 2022 Haig Report, that tracks trends in auto retail and their impact on dealership values. Due to record-high earnings, dealership blue sky values have reached new heights. Buy-sell activity is off to a strong start in Q1 2022 with many private and public dealers looking to expand their networks. Retailers have not been hurt by recent economic headwinds such as higher interest rates, higher gas prices, higher inflation and declining GDP, demonstrating the strength of the auto retail business model.
Highlights from the Q1 2022 Haig Report include:
- The Chipdemic continues to create extraordinarily favorable conditions in auto retail
- The average publicly owned dealership made $7.1M in LTM Q1 2022, 10% higher than year-end 2021
- Public company spending on US auto acquisitions was $588M in Q1 2022, 35% higher than Q1 2021
- Public equity valuations are 100% higher than they were before the Pandemic
- Average blue sky values rose an estimated 117% from the end of 2019 and are at record-high levels
- Current general economic indicators are having little impact on the auto retail industry as pent-up demand drives record profits for dealerships
- The near to mid-term outlook for dealerships appear bright, but threats such as continued consolidation, EVs, and "The Agency Model" are emerging
"The first quarter of 2022 may bring auto dealers their highest profits ever. This is a uniquely good time to be an auto dealer," shared Alan Haig, President of Haig Partners. "It raises the question as to how much longer these conditions can last. Our math indicates that the level of pent-up demand is so high that it will take three or more years before consumers will be satisfied and we would return to a situation where supply and demand would be in balance again. During that time, dealers should enjoy profits that are elevated above the years before the Pandemic and Chipdemic. Even so, there are risks on the horizon for dealers that include continued consolidation by the public retailers and "The Agency Model" being pushed from the OEMs," he continued.
For more findings from the Q1 2022 Haig Report and the impact consolidation has on automotive retail, register for the upcoming NADA webinar, "The Future of Auto Retail and How Tomorrow is Impacting Today's Buy-Sell Activity," taking place on June 8th.
Download the full Q1 2022 Haig Report at www.haigparners.com/haig-report.
About The Haig Report
The Haig Report, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values, includes data and analysis on the performance of auto dealerships, discusses noteworthy events impacting the automotive retail industry, identifies trends in the M&A market for dealerships, provides guidance on estimated value ranges for different franchises, and shares an outlook for the automotive retail buy-sell market. The Haig Report is based on data gathered from reputable public sources and interviews with leading dealer groups and dealers, bankers, lawyers, and accountants who specialize in auto retail.
About Haig Partners
Haig Partners LLC helps dealers maximize the value of their businesses. They have unmatched experience with executives from leading retail dealer groups and financial institutions and have advised on the purchase or sale of more than 560 dealerships totaling $8.5 billion. The team at Haig Partners leverages expertise and relationships to lead clients through a confidential and customizable sales process, yielding the best price successfully. They author the Haig Report, the leading industry quarterly report that tracks trends in auto retail and their impact on dealership values, and are co-author of NADA's Guide, "Buying and Selling a Dealership." For more information, visit www.haigpartners.com.
Press Contact:
Aimee Allen
Director of Marketing and Business Development
Haig Partners
aimee@haigpartners.com
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SOURCE Haig Partners | https://www.wibw.com/prnewswire/2022/05/26/pent-up-demand-driving-record-high-dealership-profits/ | 2022-05-26T16:50:52Z |
NEW YORK, July 7, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in First High-School Education Group Co., Ltd. ("FHS" or the "Company") (NYSE: FHS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of FHS investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased FHS American Depositary Shares in or traceable to the Company's March 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
FHS investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) the new rules, regulations and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented to investors and posed a material adverse threat to the Company and its business; (b) contemplated Chinese regulations and rules regarding private education were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on FHS's enrollment and growth; and (c) as a result, representations made in connection with the Company's initial public offering regarding FHS's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company at the time of the initial public offering, and were materially false and misleading and lacked a factual basis.
WHAT'S NEXT? If you suffered a loss in FHS during the relevant time frame, you have until July 11, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/07/07/fhs-lawsuit-alert-levi-amp-korsinsky-notifies-first-high-school-education-group-co-ltd-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-07T10:48:30Z |
Florida Black lawmakers protest DeSantis’ congressional map
TALLAHASSEE, Fla. (AP) — Black Florida lawmakers staged a sit-in on the House floor Thursday to protest a congressional map pushed by Republican Gov. Ron DeSantis that they say will diminish the state’s Black representation in the U.S. House.
The DeSantis map would increase Florida’s GOP representation and would dismantle two districts now held by Black members of Congress.
As debate on the maps was nearing an end, Reps. Angie Nixon and Tray McCurdy opened up their suit jackets to display “Stop The Black Attack” T-shirts and shouted the same phrase. They sat on the state seal in front of the House speaker’s rostrum and were soon joined by other other Black Democrats and other supporters.
The Republican-led chamber called a recess, all Republican lawmakers left the floor and the state Florida Channel stopped broadcasting the proceedings.
“This is good trouble! Necessary trouble!” Nixon shouted, echoing a phrase used by the late civil rights activist and congressman John Lewis.
The group sang “We Shall Overcome” and prayed. Some members went on Facebook to do live feeds of the protest. Nixon said in a text message to The Associated Press that the lawmakers would not leave the floor unless they were physically removed.
The Legislation was in special session to approve a new congressional map after DeSantis vetoed the maps lawmakers sent him. Republican leaders took a map from DeSantis instead of trying again to draw their own.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/21/florida-black-lawmakers-protest-desantis-congressional-map/ | 2022-04-21T17:15:12Z |
Passport's platform continues to bring easier, more convenient parking payments across New York
NEWBURGH, N.Y., Aug. 8, 2022 /PRNewswire/ -- The City of Newburgh is excited to launch its first mobile payment option for parking powered by Passport, a leading transportation software and payments company, beginning on Monday, August 8, 2022.
Through Passport's mobile parking application, Passport Parking, motorists will have the ability to pay for and manage parking sessions from their smartphones, as an alternative to using quarters. With a cashless option now available, the City of Newburgh can support its merchants and drivers through a seamless and digital parking experience.
The mobile application is convenient, simple and secure. To begin a parking session, users create an account, enter the zone number marked on nearby signage, their license plate number and the desired length of stay. Users can extend sessions remotely and review parking history and receipts with just a few taps.
"The City of Newburgh continues to thrive and grow as a welcoming community and beautiful tourist destination,'' says City Manager, Todd Venning. "It's a great time to bring Passport's innovative technology to the City and we are excited for the community to see what we've been working on to streamline daily tasks, such as paying to park."
In addition to launching Passport's platform to offer mobile payments for parking, the City of Newburgh also powers its enforcement operations through Passport, allowing the City to utilize an end-to-end parking and enforcement solution with one digital platform. Neighboring locations that also trust Passport to manage their parking operations include the City of Rye, the Village of Larchmont and the Village of Pelham.
"With Passport, the City of Newburgh can provide its residents and visitors with easier ways to pay for parking so they can truly explore the beauty and diversity of Newburgh," says Anthony Caddell, Passport account executive. "We're thrilled to continue our partnership with Newburgh to enhance the user experience while supporting the evolving needs of the City's parking and enforcement services."
The Passport Parking app is free to download from the App Store and Google Play. Users can also manage their parking online at passportparking.com.
Passport is a transportation software and payments company that builds technology to more efficiently manage streets and sidewalks. Based in Charlotte, North Carolina, Passport is trusted by more than 800 cities, universities and agencies, including Chicago, Toronto, Los Angeles and Miami. Passport's digital platform helps cities manage parking and mobility infrastructure, creating more livable, equitable communities. One of the fastest-growing companies on the Inc. 5000 and Deloitte Technology Fast 500 lists, Passport was also named to Fast Company's World's Most Innovative Companies for 2020.
Media Contact:
Allison Guthrie
passport@greenbrier.partners
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SOURCE Passport | https://www.kxii.com/prnewswire/2022/08/08/city-newburgh-expands-parking-operations-enforcement-with-passport/ | 2022-08-08T14:07:24Z |
SOUTHLAKE, Texas, July 27, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) today announced that its Board of Directors has declared a dividend of $1.625 per share on its 6.50% Series A Mandatory Convertible Preferred Stock. The dividend is payable on September 1, 2022 to holders of record of the mandatory convertible preferred stock as of the close of business on August 15, 2022.
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.
SABR-F
Contacts
Media:
Kristin Hays
Kristin.Hays@sabre.com
sabrenews@sabre.com
Investors:
Kevin Crissey
Kevin.Crissey@sabre.com
sabre.investorrelations@sabre.com
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SOURCE Sabre Corporation | https://www.wibw.com/prnewswire/2022/07/27/sabre-declares-dividend-mandatory-convertible-preferred-stock/ | 2022-07-27T21:45:58Z |
Sanderson Farms' Corporate Mentoring Initiatives Help Identify, Develop and Retain Future Leaders
LAUREL, Miss., June 9, 2022 /PRNewswire/ -- Sanderson Farms, Inc., the nation's third largest poultry producer, has made a name for itself by investing in and executing on a prudent growth strategy that is unparalleled by industry competitors. The Fortune 1000 company has grown its production base primarily by greenfield expansion, building eight of the last 10 poultry complexes constructed in the U.S. over the span of more than two decades, and its portfolio of facility assets is the newest in the industry. However, Sanderson Farms attributes much of its success over the last 75 years to its investments in another type of asset: human capital.
Since its inception, the company's founders have considered their approach to employee leadership development as a strategic and competitive advantage for the company. These development programs include employee training, future leader trainee programs, tuition and high school equivalency exam reimbursement, as well as formal mentoring programs.
Like many other companies competing for top talent in a highly competitive job market, Sanderson Farms has focused on identifying, engaging and retaining top-performing talent through two formal mentoring programs for salaried employees throughout the company's ranks. The first of those two programs was established in 2012 and recently celebrated the graduation of its ninth class of participants. The second program is focused on identifying and cultivating future leaders and is an important initiative to drive shareholder value as the company continues to grow.
Sanderson Farms strongly believes that its strategy to develop and prepare new generations of leaders has enabled the strategic growth and value creation that has become synonymous with the brand name Sanderson Farms.
"High performance is the admission price for future growth and development," said Lampkin Butts, president and chief operating officer for Sanderson Farms and mentor of four previous graduates of the company's corporate mentoring program. "We want to find and develop the next generation of leaders for our company so that Sanderson Farms will continue to operate at the top of our industry."
The key benefits of the mentoring programs include strengthening the talent pool by helping managers identify potential skills and competency gaps, as well as facilitating genuine development of employees with high potential, both for their own benefit and that of the organization.
Research demonstrates that mentoring programs not only positively impact company diversity, but they also improve retention of minorities and women in the workplace. A study conducted by Cornell University's School of Industrial and Labor Relations found that mentoring programs boosted minority representation at the management level by 9 to 24 percent. The same study found that mentoring programs dramatically improved promotion and retention rates by 15 to 38 percent for minorities and women when compared to non-mentored employees.
At Sanderson Farms, the positive impact of mentoring is evident, as many graduates of the company's programs now hold leadership positions on the company's executive committee, and serve in upper-level management appointments such as division managers, corporate department managers and other senior leadership positions. By promoting an ongoing and proactive dialogue between managers and senior executives that identifies and tracks individual talents in key positions, Sanderson Farms is equipped to position key contributors on a growth path where they can be most valuable to the company.
"Mentoring programs are proven to improve employee development within a company and reduce turnover," said Hilary Burroughs, director of marketing for Sanderson Farms and a three-time mentor in the company's corporate mentoring program. "Our initiatives to identify employees who show the leadership attributes and skillsets necessary to advance and enroll them in a formal mentoring program will help ensure Sanderson Farms maintains a deep bench of confident leaders who will keep us moving forward in a positive manner with purpose and promise."
Mentoring programs have not only shown a positive impact on organizations as a whole, they are proven to accelerate the career trajectories of the individual participants. In fact, mentoring programs have been found to accelerate the career trajectories of both mentor and mentee participants. A five-year study of 1,000 employees conducted by Gartner, a research and advisory firm, and Capital Analytics, a software and services company, found that mentors participating in a mentoring program were promoted six times more often than those not in the program, while mentees were promoted five times more often than those not in the program.
With over 300 successful graduates from Sanderson Farms' two salaried mentoring programs, leaders sought similar development opportunities for hourly team members, which represent over 88% of the company's workforce. Earlier this year, the poultry producer launched a pilot hourly mentoring program titled "In the Lead," which is slated to conclude in October and be evaluated for inclusion in their ongoing employee mentoring initiatives.
The comprehensive program matches hourly employees with members of the company's division management team for guidance and development. Throughout the 10-month program, participants receive training on the importance of diversity and inclusion, health and wellness, and technology, while participating in educational programs focused on how to advance their leadership skills, understand their personal finances and develop professional communication skills.
"Being in the mentoring program reinforced what I already knew, this company values its employees and invests in our personal growth and development," said Romika Wells, director of organization development and training for Sanderson Farms and a 2021 graduate of the salaried employee corporate mentoring program. "The mentoring program is so very important at Sanderson Farms, and vital to our continued success as a company. It prepares future leaders to run this company, and I am thankful I was chosen to be part of such an amazing program."
With over 17,000 employees and operations spanning five states and 17 different communities, employee retention and development are keys to the success that has positioned the company to produce more than 4.9 billion pounds of chicken annually and earn over $4.8 billion in revenue in the last fiscal year. The company's investments in human capital development are evident in the external recognition the company has received: Sanderson Farms was recognized earlier this year by Forbes as one of America's Best Large Employers for the second time since making their debut in 2019, and was the first poultry company to earn a coveted spot on the national ranking.
About Sanderson
Sanderson Farms, Inc., founded in 1947, is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items. Employing more than 17,000 employees in operations spanning five states and 17 different communities, Sanderson Farms is the third largest poultry producer in the United States. As a company, Sanderson Farms is committed to adopting a fresh approach in everything that we do, not only where products are concerned, but companywide as well. Though the company has grown in size, it still adheres to the same hometown values of honesty, integrity and innovation that were established when the Sanderson family founded the company in 1947. For more information about Sanderson Farms, visit www.sandersonfarms.com.
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SOURCE Sanderson Farms, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/09/investing-employees-drive-long-term-growth-value/ | 2022-06-09T15:42:02Z |
Together delivering next-level immersive training
TALLAHASSEE, Fla., Sept. 13, 2022 /PRNewswire/ -- Assima, a global leader in systems training and digital adoption, and Call Simulator™, a proven Conversational-AI-powered call training provider, announce an exciting new partnership designed to help organizations train employees at scale, utilizing immersive training experiences to increase adoption and reduce time and cost to proficiency.
"Assima brings a new dimension to Call Simulator by providing a pixel-perfect version of the software clients use every day," said David Lawson, CEO & Co-Founder of Call Simulator, Inc. "Driven by our proven Conversational-AI call training, users are able to practice their active-listening, communication, multi-tasking, and software skills simultaneously, dramatically reducing the time to proficiency."
"When Assima Train, which creates a simulated software experience that provides the realism of any production system, is augmented with the Conversational-AI technology of Call Simulator, learners have the look, feel, and now sound of speaking interactively with a simulated customer while simultaneously interacting with a 'clone' of the production software. No other solution in the world can provide the realism of hands-on software training and simulated voice interactions like our combined products. Our goal is to help train employees to be their best on Day 1, regardless of industry," said John D'Ambrosio, vice president of Strategic Alliances & Partnerships at Assima.
Click on the link below and sign up for a webinar on September 29, 2022, or October 13, 2022, at 1 PM ET.
Link: www.callsimulator.com/partners
Assima is a global leader in systems training and digital adoption. We've engineered the world's most advanced systems training platform to help organizations deliver hyper-realistic and impactful learning experiences on any enterprise software. Since 2002, we've helped organizations empower employees to practice on new technologies, embrace change and achieve technology mastery.
Assima customers include 40% of the Fortune 500. We have customers in over 30 countries and within every possible vertical. And our software works across all major applications including web, desktop, and in-house built.
To learn more, visit www.assimasolutions.com
Call Simulator™ is an immersive Conversational AI-powered simulation platform preparing call center agents for real world scenarios. The proprietary AI utilized within Call Simulator has been trained and market tested since 2019. The Core Applications for Call Simulator are Recruit to Hire, Train to Proficiency, and Retrain to Retain. Learn more at www.callsimulator.com
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SOURCE Call Simulator, Inc. | https://www.kxii.com/prnewswire/2022/09/13/lights-camera-sound-action-results/ | 2022-09-13T12:40:55Z |
Shareholders with $400,000 losses or more are encouraged to contact the firm
LOS ANGELES, April 19, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Cerence Inc. ("Cerence" or the "Company") (NASDAQ: CRNC).
Class Period: February 8, 2021 – February 4, 2022
Lead Plaintiff Deadline: April 26, 2022
If you wish to serve as lead plaintiff of the Cerence lawsuit, you can submit your contact information at www.glancylaw.com/cases/cerence-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the global semiconductor shortage had a materially negative impact on demand for Cerence's software licenses; (2) that Defendants masked the impact of the semiconductor shortage on demand for the Company's software licenses by pulling forward sales; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on LinkedIn, Twitter, or Facebook.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Glancy Prongay & Murray LLP, Los Angeles
Charles Linehan, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
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SOURCE Glancy Prongay & Murray LLP | https://www.mysuncoast.com/prnewswire/2022/04/19/crnc-investors-have-opportunity-lead-cerence-inc-securities-fraud-lawsuit/ | 2022-04-19T21:01:40Z |
XINING, China, Aug. 17, 2022 /PRNewswire/ -- "Qinghai in the Past Decade" media tour got underway recently. On August 7, some 60 reporters from domestic media outlets visited the Qinghai section of Qilian Mountain National Park to learn about Qinghai's progress of ecological civilization construction, according to Qinghai Provincial Administration of Qilian Mountain National Park. The Qilian mountain range is an essential water source in NW China and the snow-capped mountains, glaciers, forests and grasslands are habitats for many rare wild animals.
In 2017, a government plan was passed to pilot the construction of a national park in the mountains. Since then, forest rangers have become a vital force in environmental protection. Li Shunshan, 40, has been engaged in forest protection for several years in the Qilian Mountains. The former herder spends his days patrolling the mountains by motorcycle, horse, or foot. His base, Sigou Management and Protection Station, sits at an altitude of 2,450 meters and is in charge of an area of 500,484 mu in the Qilian Mountains. Walking an average of 15 kilometers each day. "We usually set out for the forest at 7 am and return at around 4 pm," Li said. "We patrol the region for 22 days a month. The main purpose of patrolling forests is to stop those who dig and hunt illegally. Meanwhile, we need to check for forest fires and carry out education on nature."
The Qinghai section of Qilian Mountains National Park has 40 management and protection centers or stations. There are currently 1,265 rangers who devote their time to protecting the local environment. The construction of the national park has boosted animal populations and biodiversity in the Qilian Mountains, which lie on the border of Qinghai and Gansu provinces. "The improved environment has seen the revival of the population of some endangered species. Images of snow leopard, Chinese desert cat and blue sheep, have been captured by infrared cameras several times in recent years," Li said.
Building on his some years in the company of wildlife, the mountains, grasslands and rivers, Li said he loved working as a forest ranger.
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SOURCE Qinghai Provincial Administration of Qilian Mountain National Park | https://www.mysuncoast.com/prnewswire/2022/08/17/rangers-work-keep-parks-forests-safe-nw-chinas-qinghai/ | 2022-08-17T09:05:27Z |
ARLINGTON, Texas, Aug. 12, 2022 /PRNewswire/ -- The North Central Texas Emergency Communications District (NCT9-1-1) will graduate 19 9-1-1 telecommunicators from its Regional Telecommunicator Academy (RTA) Class #013 on August 12, 2022 in Arlington. This class includes recruits from 13 different agencies, including Cockrell Hill Police Department, Collin County Sheriff's Office, Mineral Wells Police Department, Rockwall County Sheriff's Office, among others.
The graduating recruits will have completed a rigorous four-week program that teaches equipment use, state mandates and regulations, how to handle emergency communications situations such as active shootings, and more. Texas is the only state in the country that requires its telecommunicators to be licensed alongside peace officers and jailers, and NCT9-1-1 hosts the only 9-1-1 telecommunicator academy in the state. The district welcomes recruits from outside its region to participate and this year includes participants from Dallas ISD Police Department, Freestone County Sheriff's Office, Irving Police Department, and Red Oak ISD Police Department.
"At the academy, we're not just training people to fill positions," said NCT9-1-1 Training Coordinator Bret Batchelor. "We are building a community of resiliency and camaraderie with our recruits. I want them to walk away with the skills to not only be successful at their new jobs, but to build a lifelong career as a 9-1-1 telecommunicator and to one day pass on their experiences to the next generation of dispatchers."
The program has graduated recruits from all over Texas and Arkansas since its inception in February of 2016 and continues to grow with classes held twice a year in the winter and summer.
The North Central Texas Emergency Communications District (NCT9-1-1) is responsible for 40 plus Emergency Communication Centers (ECCs) in the 13 counties surrounding the Dallas-Fort Worth Metroplex. The district supports these ECCs through maintaining and upgrading 9-1-1 equipment, providing up-to-date mapping information, training 9-1-1 telecommunicators, educating the public on the proper use of 9-1-1, and monitoring ECC functionality and compliances. NCT9-1-1 serves a population of 1.7 million and 10,000+ square miles.
Media Contact:
Destanie Ontiveros
Communications Coordinator
O. 817-704-5681
C. 682-666-2502
DOntiveros@NCT911.org
www.NCT911.org
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SOURCE North Central Texas Emergency Communications District | https://www.kxii.com/prnewswire/2022/08/12/regional-telecommunicator-academy-graduates-class-013/ | 2022-08-12T14:07:57Z |
MELBOURNE, Australia and INDIANAPOLIS, April 10, 2022 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, "Telix", the "Company") today announces that it has entered into a licence agreement with Eli Lilly and Company ("Lilly") under which Telix is granted exclusive worldwide rights to develop and commercialise radiolabelled forms of Lilly's olaratumab antibody for the diagnosis and treatment of human cancers. Telix's initial development focus will be on a rare type of cancer known as soft tissue sarcoma (STS).
Olaratumab was originally developed by Lilly as a (non-radiolabelled) monoclonal antibody targeting Platelet Derived Growth Factor Receptor Alpha (PDGFRα). PDGFRα is expressed in multiple tumour types including STS. STS is generally a radiation susceptible cancer that may be inherently amenable to systemic radionuclide therapy and olaratumab's ability to target PDGFRα makes it a highly novel and potentially exciting candidate for use as a radionuclide targeting agent. The exclusive worldwide licence will allow Telix to repurpose olaratumab as a targeting agent for radiopharmaceutical imaging and therapy of cancer. Olaratumab has an established safety profile that underpins its potential use as a radionuclide targeting agent.
Material terms of the agreement
Under the terms of the agreement Telix will pay Lilly an upfront payment of US$5M (~AU$6.7M) for the grant of an exclusive licence to Lilly's intellectual property related to the development of a radiolabelled olaratumab, as well as access to material for use by Telix in initial pre-clinical and early-phase clinical studies in application to potential uses for the diagnosis and treatment of human cancers.
Lilly may be eligible for up to US$225M (~AU$301M) in payments based upon the achievement of pre-specified development, regulatory and commercial milestones. Lilly would also be eligible to receive industry standard royalties on net sales. The agreement also includes an option for Lilly to be granted an exclusive licence to a radiolabelled companion diagnostic which would be developed by Telix. If exercised, Lilly will pay Telix US$5M (~AU$6.7M) and up to US$30M (~AU$40.1M) in potential development milestones, as well as industry standard royalties.
The agreement has typical termination rights for breach and related corporate issues. Telix retains termination rights typical to licence agreements of this nature to enable the Company to exit the agreement based on a development or commercial basis.
Building on Telix's track record in acquiring and commercialising assets
Telix Group CEO and Managing Director, Dr. Christian Behrenbruch said, "This in-licence transaction with Lilly is a valuable – and rare – opportunity to acquire an asset which has demonstrated clinical safety. In our pre-transaction diligence and research, we have identified that a radiolabelled version of olaratumab could be efficacious in patients with STS, particularly as it is a highly radiation-sensitive cancer. The safety data generated by Lilly in relation to the original development program significantly de-risks the program for Telix. We anticipate that early clinical translation with a radiolabeled olaratumab as an imaging agent may also provide valuable clinical information as to whether this asset has potential therapeutic efficacy, demonstrating the advantage of Telix's "theranostic" approach.
"This acquisition mirrors the approach that Telix has taken in building its existing pipeline by in-licencing or acquiring assets that have already been proven to be safe for use in humans that can be harnessed as novel radiolabelled targeting agents. This partnership also demonstrates the value that Telix can bring as a capable partner with the expertise in radiopharmaceutical development and manufacturing, to help repurpose or expand the use of promising candidates to better target, find and treat cancer."
About Soft Tissue Sarcoma (STS)
Soft tissue sarcoma is a complex disease that encompasses a diverse group of relatively rare cancers, with more than 50 histological subtypes. In the United States, it is estimated that 13,040 new cases and 5,150 deaths were caused by STS in 2019, representing 0.75% of overall cancer incidence and 0.84% of overall cancer mortality.1 In Europe, nearly 23,600 new STS cases rose annually, and the crude incidence rate was 4.7 per 100,000.2 Approximately 39,900 new STS cases occurred nationwide in China in 2019, accounting for 1.05% of overall cancer incidence.3 The crude incidence rate was 2.91/100,000 and generally increased with age. Standard treatment for soft tissue sarcoma includes surgery, radiation therapy and/or chemotherapy. For patients with advanced, unresectable, or metastatic disease, treatment typically involves chemotherapy with single agents (e.g., doxorubicin) or anthracycline-based combination regimens. However, the prognosis for these patients remains poor, with treated patients with metastatic disease having a median overall survival of around 12–18 months.
About olaratumab
Olaratumab (previously sold under the brand name, Lartruvo®) was originally developed as a monoclonal antibody targeting PDGFRα. Olaratumab was granted "Accelerated Approval" in the US and "Conditional Approval" in the EU based on Phase 2 trial data which showed a 1-year survival benefit in patients with STS, when given in combination with standard chemotherapy. Olaratumab was voluntarily withdrawn from the market by Lilly following the failure of the Phase 3 ANNOUNCE clinical trial, in which olaratumab did not improve survival for patients.
About Telix Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic products using Molecularly Targeted Radiation (MTR). Telix is headquartered in Melbourne, Australia with international operations in Belgium, Japan, Switzerland, and the United States. Telix is developing a portfolio of clinical-stage products that address significant unmet medical need in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX). For more information visit www.telixpharma.com and follow Telix on Twitter (@TelixPharma) and LinkedIn.
Telix's lead product, Illuccix® (kit for preparation of gallium-68 (68Ga) gozetotide (also known as 68Ga PSMA-11) injection) for prostate cancer imaging, has been approved by the U.S. Food and Drug Administration (FDA),4 and by the Australian Therapeutic Goods Administration (TGA).5 Telix is also progressing marketing authorisation applications for this investigational candidate in Europe6 and Canada.7
This announcement has been authorised for release by Dr. Christian Behrenbruch, Managing Director and Group Chief Executive Officer.
Legal Notices
This announcement may include forward-looking statements that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as "may", "expect", "intend", "plan", "estimate", "anticipate", "outlook", "forecast" and "guidance", or other similar words. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on the Company's good-faith assumptions as to the financial, market, regulatory and other considerations that exist and affect the Company's business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix's business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix's preclinical and clinical studies, and Telix's research and development programs; Telix's ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals, manufacturing activities and product marketing activities; the commercialisation of Telix's product candidates, if or when they have been approved; estimates of Telix's expenses, future revenues and capital requirements; Telix's financial performance; developments relating to Telix's competitors and industry; and the pricing and reimbursement of Telix's product candidates, if and after they have been approved. Telix's actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.
To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to publicly update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future developments or a change in expectations or assumptions.
The Telix Pharmaceuticals name and logo are trademarks of Telix Pharmaceuticals Limited and its affiliates (all rights reserved).
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SOURCE Telix Pharmaceuticals Limited | https://www.kxii.com/prnewswire/2022/04/10/telix-pharmaceuticals-announces-licence-agreement-with-lilly-olaratumab/ | 2022-04-10T23:24:51Z |
STOCKHOLM, Aug. 31, 2022 /PRNewswire/ -- EQT has today set the target size for the EQT Infrastructure VI fund at EUR 20 billion. The actual fund size is dependent on the outcome of the fundraising process and may be higher or lower than the target size. The EQT Infrastructure VI fund's investment strategy and commercial terms are expected to be materially in line with the predecessor fund EQT Infrastructure V.
To ensure continuity between two fund generations, EQT's capital raisings usually follow a cycle with successor funds targeted to be in a position to commence investment activities when the predecessor fund is close to being fully invested. This means that the commitment period of the predecessor fund typically ends when approximately 80 to 90 percent of its total commitments are invested, with remaining commitments being available primarily for add-on acquisitions and strategic capital injections as well as for ongoing expenses.
Management fees for the EQT Infrastructure VI fund will be charged from the earlier of (i) the date of signing of its first investment; or (ii) the date of termination of the commitment period of the EQT Infrastructure V fund. Management fees on the EQT Infrastructure V fund will thereafter be based on net invested capital.
The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of EQT Infrastructure VI will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration.
THIS IS INFORMATION THAT EQT AB (PUBL) IS OBLIGED TO MAKE PUBLIC PURSUANT TO THE EU MARKET ABUSE REGULATION. THE INFORMATION WAS SUBMITTED FOR PUBLICATION, THROUGH THE AGENCY OF THE CONTACT PERSON SET OUT BELOW AT 21:00 CET ON 31 AUGUST 2022.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
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SOURCE EQT | https://www.wibw.com/prnewswire/2022/08/31/eqt-sets-target-fund-size-eqt-infrastructure-vi-eur-20-billion/ | 2022-08-31T21:00:04Z |
SANTA BARBARA, Calif., Sept. 8, 2022 /PRNewswire/ -- Bexson Biomedical, Inc., a biopharmaceutical company focused on disrupting the $189 billion small molecule injectable market and enabling home health solutions, today announced that the Company's management will be participating in the 2022 Jeffries Innovation in Mental Health Summit.
Bexson's Chief Executive Officer, Gregg Peterson, and Chief Scientific Officer, Jeffrey Becker, are scheduled to present on Thursday, September 22nd, 2022 in New York and will discuss various new and innovative therapies for the treatment of mental health. Management will be participating in investor one-on-one meetings while in attendance.
Bexson Biomedical, Inc. is a biopharmaceutical company focused on disrupting the small molecule injectable market and enabling home health solutions through new formulations designed for subcutaneous delivery. Bexson's proprietary platform, SEVALENT™, can be applied to small molecules across a broad range of drug classes, enabling IV therapies to be delivered subcutaneously.
Bexson's lead therapy, BB106, is a low-dose ketamine treatment for post-operative pain management, a $36B global market and leading driver of opioid addiction. Additionally, management believes its BB106 formulation technology can be utilized to address various mental health indications.
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SOURCE Bexson Biomedical | https://www.wibw.com/prnewswire/2022/09/08/bexson-biomedical-announces-participation-jeffries-innovation-mental-health-summit/ | 2022-09-08T14:04:59Z |
Portion of Wages Required for Homeownership Grows at Fastest Pace in More Than 15 Years;
Historic Affordability Down in Almost 80 Percent of Markets as Median Home Price Hits $320,000
IRVINE, Calif., April 7, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its first-quarter 2022 U.S. Home Affordability Report, showing that median-priced single-family homes are less affordable in the first quarter compared to historical averages in 79 percent of counties across the nation with enough data to analyze. That was up from just 38 percent of counties that were historically less affordable in the first quarter of 2021, to the highest point since mid-2008, as home prices continued rising faster than wages in much of the country.
The report determined affordability for average wage earners by calculating the amount of income needed to meet major monthly home ownership expenses — including mortgage, property taxes and insurance — on a median-priced single-family home, assuming a 20 percent down payment and a 28 percent maximum "front-end" debt-to-income ratio. That required income was then compared to annualized average weekly wage data from the Bureau of Labor Statistics (see full methodology below).
"It's certainly no surprise that affordability is more challenging today for prospective homebuyers than it was a year ago," said Rick Sharga, executive vice president of market intelligence for ATTOM. "Historically low mortgage rates and higher wages helped offset rising home prices over the past few years, but as home prices continue to soar and interest rates approach five percent on a 30-year fixed rate loan, more consumers are going to struggle to find a property they can comfortably afford."
Compared to historical levels, median home prices in 461 of the 586 counties analyzed in the first quarter of 2022 were less affordable than in the past. The latest number was up from 449 of the same group of counties in the fourth quarter of 2021 and 224 in the first quarter of 2021. That increase continued as the median national home price spiked 16 percent, year over year, to a record high of $320,000 while average wages across the country rose just 7 percent.
Major ownership costs on median-priced homes around the U.S. did still remain within the financial means of average U.S. workers in the first quarter of 2022, consuming 26.3 percent of the $66,560 average national wage. That was within the 28 percent ceiling considered affordable by common lending standards.
But the 26.3 percent of average wages needed to buy a median-price home stood at the highest point since the third quarter of 2008. It was up from 24.9 percent in the fourth quarter of 2021 and 21.8 percent in the first quarter of last year – the largest annual increase since at least 2005.
The worsening affordability scenario for potential home buyers came as the U.S. housing market kept booming into its 11th year, both because of and in spite of the Coronavirus pandemic that remained a threat to the U.S. economy.
Throughout the pandemic, a glut of buyers has flooded the market, chasing an historically limited supply of homes for sale. This high demand was due in to mortgage rates hovering around 3 percent, and in part because of the flight of urban renters leaving congested virus-prone areas for the perceived safety of a house and yard and the space for growing work-at-home lifestyles. As demand has spiked, prices have jumped beyond wage increases, damaging affordability.
Despite the continued decline in historic affordability, major home-ownership expenses on typical homes still were affordable to average local wage earners during the first quarter of 2022 in about half of the 586 counties in the report, based on the 28-percent guideline. The largest were Cook County (Chicago), IL; Harris County (Houston), TX; Dallas County, TX; Bexar County (San Antonio), TX, and Wayne County (Detroit), MI.
The most populous of the 303 counties where major expenses on median-priced homes were unaffordable for average local workers in the first quarter of 2022 were Los Angeles County, CA; Maricopa County (Phoenix), AZ; San Diego County, CA; Orange County, CA (outside Los Angeles) and Kings County (Brooklyn), NY.
Median single-family home prices in the first quarter of 2022 were up by at least 10 percent over the first quarter of 2021 in 371, or 63 percent, of the 586 counties included in the report. Data was analyzed for counties with a population of at least 100,000 and at least 50 single-family home and condo sales in the first quarter of 2022.
Among the 49 counties with a population of at least 1 million, the biggest year-over-year gains in median prices during the first quarter of 2022 were in St. Louis County, MO (up 40 percent); Wake County (Raleigh), NC (up 29 percent); Maricopa County (Phoenix), AZ (up 28 percent); Collin County (Plano), TX (up 27 percent) and Clark County (Las Vegas), NV (up 26 percent).
Counties with a population of at least 1 million where median prices went up the least, year-over-year, during the first quarter of 2022 were Westchester County, NY (outside New York City) (up less than 1 percent); Montgomery County, MD (outside Washington, DC) (up 1 percent); Cook County (Chicago), IL (up 2 percent); Kings County (Brooklyn), NY (up 4 percent) and Fairfax County, VA (outside Washington, DC (up 5 percent.)
Home-price appreciation was greater than weekly wage growth in the first quarter of 2022 in 473 of the 586 counties analyzed in the report (81 percent), with the largest including Los Angeles County, CA; Harris County (Houston), TX; Maricopa County (Phoenix), AZ; San Diego County, CA, and Orange County, CA (outside Los Angeles).
Average annualized wage growth surpassed home-price appreciation in the first quarter of 2022 in 113 of the counties in the report (19 percent), including Cook County, (Chicago), IL; Kings County (Brooklyn), NY; King County (Seattle), WA; Santa Clara County (San Jose), CA, and New York County (Manhattan), NY.
Major ownership costs on median-priced, single-family homes in the first quarter of 2022 consumed less than 28 percent of average local wages in 283 of the 586 counties analyzed (48 percent), assuming a 20 percent down payment. That was down slightly from 52 percent in the fourth quarter of 2021 for the same group of counties but well down from 66 percent in the first quarter of last year.
"The good news is that in almost half the counties we reviewed, home ownership costs remained below 28% for households with average income," Sharga said. "But the 'x-factor' is what impact 8% inflation rates will have on these households, and their ability to meet their financial obligations. Rising food and energy prices could be a hidden factor that makes affordability even more of a challenge for homebuyers and makes it more difficult to make ends meet for current homeowners."
Among those counties, 98 percent saw an increase in the portion of average local wages consumed by major ownership expenses from the first quarter of last year to the same period this year.
Counties where the smallest portion of average local wages was required to afford the median-priced home during the first quarter of this year were Schuylkill County, PA (outside Allentown) (7 percent of annualized weekly wages needed to buy a home); Macon County (Decatur), IL (9.7 percent); Peoria County, IL (10.2 percent); Bibb County (Macon), GA (10.2 percent) and Rock Island County (Moline) IL (11 percent).
Counties with a population of at least 1 million where major ownership expenses typically consumed less than 28 percent of average local wages in the first quarter of 2022 included Wayne County (Detroit), MI (11.9 percent); Allegheny County (Pittsburgh), PA (14.2 percent); Cuyahoga County (Cleveland), OH (15.1 percent); Philadelphia County, PA (16 percent) and Cook County (Chicago), IL (20.6 percent).
A total of 303 counties in the report (52 percent) required more than 28 percent of annualized local weekly wages to afford a typical home in the first quarter of 2022. Counties that required the greatest percentage of wages were Santa Cruz County, CA (92.7 percent of annualized weekly wages needed to buy a home); Kings County (Brooklyn), NY (91.5 percent); Marin County, CA (outside San Francisco) (79.7 percent); Maui County, HI (74.8 percent) and San Luis Obispo County, CA (73.7 percent).
Aside from Kings County, NY, the counties with a population of at least 1 million where home ownership consumed the highest percentage of average annualized local wages in the first quarter of this year included Orange County, CA (outside Los Angeles) (67.8 percent); Queens County, NY (65 percent); Alameda County (Oakland), CA (59 percent) and New York County (Manhattan, NY (58.9 percent).
Despite the downward trend in affordability, annual wages of more than $75,000 still were needed to afford major costs on the median-priced home purchased during the first quarter of 2022 in just 138, or 24 percent, of the 586 markets in the report.
The top 25 highest annual wages required to afford typical homes again were all on the east or west coasts, led by New York County (Manhattan), NY ($329,747); San Mateo County (outside San Francisco), CA ($286,976); Santa Clara County (San Jose), CA ($266,934); San Francisco County, CA ($264,038) and Marin County (outside San Francisco), CA ($250,106).
The lowest annual wages required to afford a median-priced home in the first quarter of 2022 were in Schuylkill County, PA (outside Allentown) ($12,011); Cambria County, PA (outside Pittsburgh) ($17,129); Bibb County (Macon), GA ($18,027); Fayette County, PA (south of Pittsburgh) ($18,583) and Blair County (Altoona), PA ($19,221).
Among the 586 counties analyzed in the report, 461 (79 percent) were less affordable in the first quarter of 2022 than their historic affordability averages. That was up slightly from 77 percent in the fourth quarter of 2021, but double the 39 percent level in the first quarter of last year.
Counties with a population of at least 1 million that were less affordable than their historic averages (indexes of less than 100 are considered less affordable compared to historic averages) included Maricopa County (Phoenix), AZ (index of 68); Clark County (Las Vegas), NV (71); Tarrant County (Fort Worth), TX (72); Hillsborough County (Tampa), FL (72) and Collin County (Plano), TX (73).
Counties with the worst affordability indexes in the first quarter of 2022 were Clayton County, GA (outside Atlanta) (index of 45); Canyon County, ID (outside Boise) (55); Rankin County (Jackson), MS (55); Pinal County, AZ (outside Phoenix) (58) and Newton County, GA (east of Atlanta) (59).
Among counties with a population of at least 1 million, those where the affordability indexes worsened most from the first quarter of 2021 to the first quarter of 2022 were St. Louis County, MO (index down 32 percent); Wake County (Raleigh), NC (down 26 percent); Maricopa County (Phoenix), AZ (down 25 percent); Clark County (Las Vegas), NV (down 24 percent) and Collin County (Plano), TX (down 24 percent).
Among the 586 counties in the report, only 125 (21 percent) were more affordable than their historic affordability averages in the first quarter of 2022. That was down slightly from 23 percent of the same group in the prior quarter but was just a third of the 62 percent level in the first quarter of last year.
Counties with a population of at least 1 million that were more affordable than their historic averages (indexes of more than 100 are considered more affordable compared to historic averages) included Westchester County, NY (outside New York City) (index of 125); Montgomery County, MD (outside Washington, D.C.) (119); Cook County (Chicago), IL (112); New York County (Manhattan), NY (110) and Fairfax County, VA (outside Washington, D.C.) (106).
Counties with the best affordability indexes in the first quarter of 2022 included Macon County (Decatur), IL (index of 180); Kings County, CA (south of Fresno) (156); Schuylkill County, PA (outside Allentown) (152); Peoria County, IL (148) and San Francisco County, CA (142).
Counties with a population of least 1 million where the affordability index declined the least from the first quarter of last year to the same period this year were Montgomery County, MD (outside Washington, DC) (index down 3 percent); Cook County (Chicago), IL (down 4 percent); Westchester County, NY (outside New York City) (down 6 percent); New York County (Manhattan), NY (down 8 percent) and Hennepin County (Minneapolis), MN (down 9 percent). No counties with populations of at least 1 million saw their indexes improve over that time period.
The ATTOM Data Solutions U.S. Home Affordability Index analyzed median home prices derived from publicly recorded sales deed data collected by ATTOM and average wage data from the U.S. Bureau of Labor Statistics in 586 U.S. counties with a combined population of 261.2 million during the first quarter of 2022. The affordability index is based on the percentage of average wages needed to pay for major expenses on a median-priced home with a 30-year fixed-rate mortgage and a 20 percent down payment. Those expenses include property taxes, home insurance, mortgage payments and mortgage insurance. Average 30-year fixed interest rates from the Freddie Mac Primary Mortgage Market Survey were used to calculate monthly house payments.
The report determined affordability for average wage earners by calculating the amount of income needed for major home ownership expenses on a median-priced home, assuming a loan of 80 percent of the purchase price and a 28 percent maximum "front-end" debt-to-income ratio. For example, the nationwide median home price of $320,000 in the first quarter of 2022 required an annual wage of $62,543, based on a $64,000 down payment, a $256,000 loan and monthly expenses not exceeding the 28 percent barrier — meaning households would not be spending more than 28 percent of their income on mortgage payments, property taxes and insurance. That required income was less than the $66,560 average wage nationwide based on the most recent average weekly wage data available from the Bureau of Labor Statistics, making a median-priced home nationwide affordable for average workers.
ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 20TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property reports and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.
Media Contact:
Christine Stricker
949.748.8428
christine.stricker@attomdata.com
Data and Report Licensing:
datareports@attomdata.com
949.502.8313
datareports@attomdata.com
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SOURCE ATTOM | https://www.kxii.com/prnewswire/2022/04/07/home-affordability-gets-tougher-across-us-prices-mortgage-rates-surge/ | 2022-04-07T04:55:27Z |
PARK CITY, Utah, Sept. 6, 2022 /PRNewswire/ -- Wolfgramm Capital has acquired the Waldorf Astoria Park City hotel in Park City, Utah, according to Co-Founder and CEO of Wolfgramm Capital, Phil Wolfgramm. The property was acquired off-market and as part of an all-cash deal. Wolfgramm Capital impressively adds the luxury hotel to its portfolio within its first year of business. The luxury resort continues to be managed by Hilton.
Waldorf Astoria Park City is part of Waldorf Astoria Hotels & Resorts, one of Hilton's three distinct luxury brands. Situated at the base of Park City Mountain Resort, Waldorf Astoria Park City offers an ideal setting for an unforgettable luxury mountain vacation featuring spectacular views of the ski slopes and picturesque Wasatch Mountains. As Park City's only luxury hotel with slope-side and ski in ski out access to the largest ski and snowboard resort in the U.S, guests can discover all that the destination has to offer year-round from winter activities including skiing, snowshoeing and bobsledding to summer activities from fly fishing, biking, hiking and more.
The resort's authentic sense of place is reflected throughout the property from its distinct design aesthetic and locally-inspired food and beverage scene to its custom amenities, services and array of signature experiences. Its guest rooms and suites are appointed with custom furnishings and for suites, top-of-the-line kitchens. Integral to the guest experience is the hotel's 16,000-square-foot award-winning Waldorf Astoria Spa as well as the resort's all-day dining signature restaurant and bar, Powder. Additionally, Waldorf Astoria Park City features intimate meeting and event space as well as an expansive outdoor patio with fire pits, a heated pool and Jacuzzis.
"Wolfgramm Capital is delighted to be working with Hilton, the current lodging unit owners, the HOA, and their asset manager, CooperWynn Capital, in this endeavor. We are enthusiastic about taking this hotel to the next level and intend to infuse approximately sixty million dollars into the property. We look forward to sharing more about these enhancements at a later date," said Koloa Wolfgramm, COO, Wolfgramm Capital.
Waldorf Astoria Park City has been a crowd favorite since its opening in 2009. Commensurate with the surrounding mountainside aesthetic, the luxury hotel provides authentic dining and lodging experiences unique to the bustling ski-town. Just a 10-minute drive from Park City's historic Main Street laden with shops, boutiques, art galleries and more than 60 bars and restaurants, it is also only 35 minutes from Salt Lake City International Airport.
Formed in 2021 by Phil Wolfgramm, Koloa Wolfgramm, and Russell Handy, the new private equity real estate firm has amassed an impressive 200-million-dollar asset portfolio in its first eight months. With decades of combined experience in operating hotels, asset managing luxury resorts, consulting in the real estate legal field, and managing funds in the private equity sector, the principals of Wolfgramm Capital are uniquely positioned to capitalize on their experience to take the Waldorf Astoria Park City to the next level.
For more information regarding Wolfgramm Capital, please visit https://www.wolfgramm.com/ or email pr@wolfgramm.com
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SOURCE Wolfgramm Capital | https://www.wibw.com/prnewswire/2022/09/06/wolfgramm-capital-acquires-waldorf-astoria-park-city/ | 2022-09-06T11:36:10Z |
- Hundreds of Aspen Dental offices to open doors for annual Day of Service, honoring veterans
- Veterans and their families can call 1-844-277-3646 to schedule an appointment
CHICAGO, May 28, 2022 /PRNewswire/ -- On Saturday, June 11, participating Aspen Dental locations nationwide will open their doors to provide free care to military veterans across the country. Now in its 8th year, the Aspen Dental Day of Service provides much-needed dental care for veterans and their families at no cost to honor their service and break down barriers to health care.
Appointments are still available for veterans in Iowa, at the following Aspen Dental locations:
- Cedar Rapids, Iowa
- Council Bluffs, Iowa
- Des Moines, Iowa
- Dubuque, Iowa
- Marshalltown, Iowa
- Mason City, Iowa
- Muscatine, Iowa
- Sioux City, Iowa
- West Burlington, Iowa
Veterans and their families can call 1-844-277-3646 (1-844-ASPENHMM) to find a participating Aspen Dental office in their community and schedule an appointment. Advance appointments are required. During the Day of Service, Aspen Dental doctors and their teams focus on treating the most urgent dental needs for veterans and their families - with a focus on getting them out of pain, from fillings and extractions to dental hygiene and basic denture repairs.
Millions of Americans struggle to access dental care every year, and veterans are no exception. In fact, U.S. veterans are ineligible for dental benefits through the Veterans Administration unless they're 100% disabled, have a service-related mouth injury, or were a prisoner of war.
Visit www.HealthyMouthMovement.com to learn more.
Aspen Dental was founded in 1998 in New York by Bob Fontana with a simple goal in mind: to break down the barriers that doctors and patients face when it comes to dental care. Today, more than 20 years later, with nearly 1,000 Aspen Dental locations nationwide, the mission of the company remains the same – to bring better care to more people. Aspen Dental is the largest group of branded dental offices in the world. For more information, visit aspendental.com, and follow us on Facebook, Twitter, and LinkedIn.
TAG – The Aspen Group was built on the simple idea of bringing better health care to more people. TAG and the independent health care practices it supports operate more than 1,100 locations in 45 states through its four health care support companies: Aspen Dental®, ClearChoice Dental Implant Centers®, WellNow Urgent Care® and Chapter Aesthetic StudioSM. Combined, the companies serve more than 35,000 patients a day and more than 8 million patients each year. TAG is headquartered at 800 W. Fulton Market in Chicago. For more information, visit teamtag.com, and follow us on LinkedIn and Twitter.
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SOURCE Aspen Dental | https://www.wibw.com/prnewswire/2022/05/28/free-dental-care-military-veterans-their-families-saturday-june-11-with-appointments-still-available-iowa/ | 2022-05-28T12:07:25Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Discover Financial Services ("Discover" or the "Company") (NYSE: DFS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Discover Financial and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On July 20, 2022, Discover Financial issued a press release announcing its financial results for the second quarter of 2022. Among other items, Discover Financial disclosed that "the company is suspending until further notice its existing share repurchase program because of an internal investigation relating to its student loan servicing practices and related compliance matters. The investigation is ongoing and is being conducted by a board-appointed independent special committee." On this news, Discover Financial's stock price fell sharply during intraday trading on July 21, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-discover-financial-services-dfs/ | 2022-08-01T19:05:30Z |
Data from the largest real-world MRD study to date in resectable colorectal cancer reinforces the findings from the recent CIRCULATE-Japan study
AUSTIN, Texas, Sept. 12, 2022 /PRNewswire/ -- Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA testing, today announced new data on its personalized and tumor-informed molecular residual disease (MRD) test, Signatera™, at the 2022 European Society for Medical Oncology (ESMO) World Congress, taking place September 9-13 in Paris, France.
Signatera data was presented in 4 abstracts, including both oral and poster presentations. These include results from a real-world study on colorectal cancer (CRC) patients as well as an early readout from the BELLINI trial that highlights how circulating tumor DNA (ctDNA) dynamics can help inform neoadjuvant treatment decision-making in hormone receptor negative, HER2 negative (triple-negative) breast cancer (TNBC). The key highlights are below:
Abstract # 1828 | Late-Breaking Oral Presentation | Presenter: Marleen Kok
Nivolumab and ipilimumab in early stage triple negative breast cancer (TNBC) with tumor-infiltrating lymphocytes (TILs): first results from the BELLINI trial
This study evaluates the potential clinical utility of ctDNA in assessing the response to neoadjuvant immunotherapy in patients with early stage (I-II) TNBC. Thirty patients were treated with two cycles of the immune checkpoint inhibitor (ICI) nivolumab, alone or in combination with ipilimumab, prior to the start of neoadjuvant chemotherapy. Response to ICIs was evaluated radiographically, as well as through the analysis of ctDNA dynamics. All of the patients who achieved partial response by imaging presented with 50-100% reduction in ctDNA levels compared to pretreatment, while increasing or stable ctDNA levels were observed in non-responders.
"The BELLINI trial supports MRD testing for early, reliable immunotherapy response monitoring in the neoadjuvant TNBC setting," said Dr. Minetta Liu, Natera's chief medical officer of oncology. "We are very encouraged by the data generated through our collaboration with Dr. Kok and colleagues, and we look forward to ongoing work to push the boundaries of chemotherapy de-escalation."
Abstract # 319MO | Mini Oral Presentation | Presenter: Stacey A. Cohen
Real world monitoring of circulating tumor DNA reliably predicts cancer recurrence in patients with resected stages I-III colorectal cancer
In this retrospective analysis of a real-world cohort of 16,347 patients with early stage colorectal cancer, MRD status was assessed using the Signatera test after surgery and during surveillance. Complete clinical information was available for a subset of 417 patients, and showed that postoperative MRD-positive status was significantly associated with inferior recurrence-free survival. Patients who were MRD-negative showed no significant benefit from adjuvant chemotherapy, regardless of other risk factors such as stage, age or microsatellite instability status.
"The results from this large, real-world dataset reinforce those from the CIRCULATE-Japan study presented earlier this year, and provide further evidence for the potential value of MRD testing in the clinic," said the study's principal investigator, Dr. Stacey Cohen of the Fred Hutchinson Cancer Center. "Incorporating MRD testing into the standard of care for CRC may better identify the patients with a high risk of recurrence – enabling timely intervention, while sparing those who would not benefit from unnecessary treatment."
Abstract # 1649P | Poster Presentation | Presenter: Danica Vodopivec Kuri
A proof-of-concept study for detecting ctDNA in rare thyroid cancers
Abstract # 728O | Oral Presentation | Presenter: Omid Hamid
Results from phase I dose escalation of IMC-F106C, the first PRAME × CD3 ImmTAC bispecific protein in solid tumors
Signatera dynamics used to assess therapy response across multiple tumor types.
About Signatera
Signatera is a custom-built circulating tumor DNA (ctDNA) test for treatment monitoring and molecular residual disease (MRD) assessment in patients previously diagnosed with cancer. The test is available for both clinical and research use, and has been granted three Breakthrough Device Designations by the FDA for multiple cancer types and indications. The Signatera test is personalized and tumor-informed, providing each individual with a customized blood test tailored to fit the unique signature of clonal mutations found in that individual's tumor. This maximizes Signatera's accuracy for detecting the presence or absence of residual disease in a blood sample, even at levels down to a single tumor molecule in a tube of blood. Signatera is intended to detect and assess how much cancer is left in the body, to identify recurrence earlier and to help optimize treatment decisions.
About Natera
Natera™ is a global leader in cell-free DNA testing, dedicated to oncology, women's health, and organ health. We aim to make personalized genetic testing and diagnostics part of the standard of care to protect health, and inform earlier, more targeted interventions that help lead to longer, healthier lives. Natera's tests are validated by more than 100 peer-reviewed publications that demonstrate high accuracy. Natera operates ISO 13485-certified and CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendments (CLIA) in Austin, Texas and San Carlos, California. For more information, visit www.natera.com.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are forward-looking statements and are not a representation that Natera's plans, estimates, or expectations will be achieved. These forward-looking statements represent Natera's expectations as of the date of this press release, and Natera disclaims any obligation to update the forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including with respect to whether the results of clinical or other studies will support the use of our product offerings, the impact of results of such studies, our expectations of the reliability, accuracy and performance of our tests, or of the benefits of our tests and product offerings to patients, providers and payers, or coverage and reimbursement determinations from third-party payers. Additional risks and uncertainties are discussed in greater detail in "Risk Factors" in Natera's recent filings on Forms 10-K and 10-Q and in other filings Natera makes with the SEC from time to time. These documents are available at www.natera.com/investors and www.sec.gov.
Contacts
Investor Relations: Mike Brophy, CFO, Natera, Inc., 650-249-9090
Media: Brian Symmons, SVP of Marketing and Corporate Affairs, Natera, Inc., pr@natera.com
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SOURCE Natera, Inc. | https://www.wibw.com/prnewswire/2022/09/12/natera-presents-new-colorectal-breast-cancer-data-esmo-2022-highlighting-signateras-ability-inform-treatment-decisions-adjuvant-neoadjuvant-settings/ | 2022-09-12T14:16:39Z |
HANGZHOU, China, Sept. 1, 2022 /PRNewswire/ -- On August 31, 2022, Venus Medtech (Hangzhou) Inc. (2500.HK, hereinafter referred to as "Venus Medtech"), a leading provider of integrated solutions for transcatheter structural heart valvular therapies in China, announced its interim results for the six months ended June 30, 2022. Under repeated COVID-19 outbreaks, Venus Medtech intensified its focus on overseas markets, making important breakthroughs in registration and commercialization. In the domestic market, Venus Medtech reported solid sales performance as quality and efficiency improvement became an important theme for the core objective of profitability.
According to interim financial statements, Venus Medtech recorded RMB 210 million in sales revenue in H1 2022, representing a 18.9% growth over H2 2021. Gross profit totaled RMB 164 million, a 20.5% growth over H2 2021. In specific, overseas sales recorded RMB 14 million, a year-on-year increase of 150.9%. It is worth noting that VenusP-ValveTM, the first Chinese-made transcatheter pulmonic valve replacement (TPVR) system approved for marketing in Europe, generated RMB 9 million in sales in only two months following its registration earlier this year, reflecting the huge potential of overseas markets.
2022 was a key year for Venus Medtech to deepen its global presence. VenusP-ValveTM, the Company's in-house developed novel TPVR system, became the first Chinese valve product to be approved in the EU. The product also set a precedent with its approval in China, as the National Medical Products Administration (NMPA) accepted overseas clinical trials data for the first time. It paved the road for our future devices and laid the foundation for global multi-center studies. The EU approval also facilitated the compassionate use of the product in the U.S., making it the first clinically applied Chinese TPVR system in the country. In addition, the Investigator Meeting for VenusP-ValveTM US Clinical Study was held, accelerating multi-center clinical trials in the U.S. and Japan.
Acquisition of Cardiovalve Ltd. in January 2022 optimized our innovative products pipeline of mitral and tricuspid valve interventional treatments, the most promising area for innovation in structural heart therapies. Cardiovalve is also the first privately held company to receive FDA's early feasibility study (EFS) approval for both TR and MR indications. For the treatment of tricuspid regurgitation, its device received 'Breakthrough Device Designation' by the FDA. Following the completion of the acquisition, Cardiovalve enrolled 10+ patients over six months in Europe and the U.S. The procedures were successful, and patients recovered well. Clinical trial for Cardiovalve in China is expected to kick off within the year as part of its global multi-center study, targeting at global product launch and bringing innovative solutions to global patients.
In addition, Venus Medtech has a number of novel products undergoing clinical trials, such as the Liwen RFTM radiofrequency ablation system for the treatment of hypertrophic cardiomyopathy (HCM), new-generation TAVR products Venus-PowerXTM and Venus-VitaeTM for the treatment of aortic stenosis, and renal denervation (RDN) systems for the treatment of resistant hypertension. Venus Medtech looks to advance clinical trials for the above products in developed countries in Europe and America. In particular, the Liwen RFTM system recently entered the NMPA's Special Review and Approval Procedures for Innovative Medical Devices, which will fast-track its approval.
Domestically, repeated COVID-19 outbreaks had continued negative impact on the market performance of China's innovative medical devices. In response, Venus Medtech focused on profitability and quality growth, aiming to stabilize sales in middle to high-end centers and maintain its gross profit margin. In H1 2022, domestic sales recorded RMB 196 million, up 14.1% by H2 2021, primarily attributable to VenusA-ValveTM and VenusA-PlusTM, our first and second generation TAVR products approved in China. Specifically, VenusA-PlusTM accounted for approximately 60%.
In the first half of 2022, the VenusA series reported around 1,800 implantations, sustaining the Company's market dominance with a 63% share. As of the end of H1, the VenusA series accumulated more than 10,000 implantations through an extensive network of 370+ hospitals and clinical centers, making Venus Medtech the only TAVR device maker to hit five digits. As the first-mover in the market, the VenusA series has considerable clinical follow-up data backing up its long-term safety and efficacy. VenusA-ValveTM is the only TAVR system in China with seven-year data corroborating its long-term safety.
Looking ahead to the second half of the year, global growth and profitability will be the overriding goals of Venus Medtech. In overseas markets, the Company will strengthen its commercialization capabilities and continue to increase the percentage of foreign revenue, thereby building brand awareness. On the domestic side, the Company will aim at sales efficiency optimization and higher per hospital output at medium to high-grade hospitals. Profit margin is expected to grow by reducing production costs and expenses.
Eric Zi, Founder, Executive Director, and General Manager of Venus Medtech said "The global business community faces critical challenges in the post-pandemic era. Investors are getting more conservative. Trade tensions are mounting and the east and the west are playing a zero-sum game. In this context, the first thing for businesses is to survive. At Venus Medtech, global growth and profitability are our priorities. Gaining a solid foothold is key to better develop global markets. We need to improve quality and efficiency and be a powerhouse ourselves to avoid unproductive or even counterproductive work and make breakthroughs in global markets. We will survive hard times and garner strength for the future."
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SOURCE Venus Medtech (Hangzhou) Inc. | https://www.wibw.com/prnewswire/2022/09/01/venus-medtech-announces-2022-interim-results-quality-efficiency-improvement-profitability-focus-rapid-progress-global-presence/ | 2022-09-01T13:50:40Z |
MADRID, July 11, 2022 /PRNewswire/ -- Warner Music Spain, in collaboration with Spaceti, WSS, and Utopicus, has launched The Music Station, the world's first creative-musical hub that also enables hybrid and flexible work.
Spaceti, a leading player in PropTech, has collaborated with Warner Music Spain to launch The Music Station, the world's first creative-musical hub based in Madrid at the renovated Príncipe Pío train station, built in 1861. The cooperation between Spaceti and Warner Music Spain started when WMS decided to move to its new Madrid headquarters with the idea to create a new creative co-working environment for Warner Music employees, artists, composers, producers, managers, and creative professionals, providing them a powerful tool to enhance the building and workplace experience while enabling hybrid and flexible work via "The Music Station" app.
"Spaceti proved incredibly quick to engage with and understand our vision and systems requirements. The scope and aspirations of our project have changed immensely over time, but Spaceti has been creative, flexible, and adaptable over the course of the project, working with us step-by-step and often coming up with new suggestions for systems enhancements that could help streamline our internal operations. We look forward to continuing to work with them to enhance The Music Station experience for our employees and artists," said Sergio Méndez, Head of Artists Services & Institutional Relations at Warner Music Spain.
With the help of Spaceti, Warner Music was able to transform its unique Spanish office building into a space that appealed both to employees and the artists working there. The new space in Madrid consists of more than 10,000 square meters (100,000 square feet) of co-working space, recording studios, a café, and even a performance theatre and auditorium. The space houses Warner Music Spain and Warner Chappell Music Spain. The new collaborative and creative environments were achieved by integrating smart building solutions such as:
- A customized "The Music Station" application for Warner Music artists, employees, and the general public to interact with the space.
- Booking Management System (booking desks, parking spots, meeting rooms, rehearsal rooms, studios, and other amenities with specific policies).
- 24/7 Access Control System Integrations.
- Smart Lockers for storing personal items.
- Community events, newsfeeds, and performances.
To read "The Music Station" case study, click here.
"The Music Station is a great example of how disruptive innovation and technology can be applied to an existing building. Spaceti's white-labeled mobile app and workplace experience platform responds and adapts to the needs of the specific industry and personalizes the building experience for the different user groups. This allows the building users to create and experience music in a way that blends the physical and digital layers, creating an immersive built environment. This can serve as a model for the future of mixed-use real estate," said Max Verteletskyi, CEO & Cofounder at Spaceti.
Along with Spaceti, the project has seen Warner Music Spain partnering with Utopicus, Workspace Solutions Tech (WSS), and SALTO Systems.
Contact:
Maria Boichenko
Marketing Manager
maria@spaceti.com
Contact us | Spaceti
Video - https://www.youtube.com/watch?v=8mOYLcdoQsk
Logo - https://mma.prnewswire.com/media/1820808/Spaceti_Holding_B_V_Logo.jpg
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SOURCE Spaceti Holding B.V. | https://www.wibw.com/prnewswire/2022/07/11/warner-music-spain-launches-music-station-powered-by-spaceti/ | 2022-07-11T13:11:17Z |
Panel rules Justice Dept. improperly withheld memo in Russia probe
(AP) - The Justice Department under Attorney General William Barr improperly withheld portions of an internal memorandum Barr cited in publicly announcing that then-President Donald Trump had not committed obstruction of justice in the Russia investigation, a federal appeals panel said Friday.
The department had argued that the 2019 memo represented the private deliberations of its own lawyers before any decision had been formalized and was therefore exempt from disclosure. A federal judge previously disagreed, ordering the Justice Department to provide it to a government transparency group that had sued for it, prompting an appeal last year by the Biden administration to a higher court.
Attorneys for the Justice Department didn’t immediately respond to an email message seeking comment on the ruling. The department can appeal the ruling to the full court.
At issue in the case is a March 24, 2019, memorandum from the head of the Justice Department’s Office of Legal Counsel, or OLC, and another senior department official that was prepared for Barr to evaluate whether evidence in special counsel Robert Mueller’s investigation could support an obstruction of justice prosecution of the president.
Barr has said that he looked to that opinion in concluding that Trump did not illegally obstruct the Russia probe.
The Justice Department turned over other documents to Citizens for Responsibility and Ethics in Washington as part of the group’s lawsuit but declined to give it the memo. Government lawyers said they were entitled under public records law to withhold the memo because it reflected internal deliberations among lawyers before any formal decision had been reached on what Mueller’s evidence showed.
But U.S. District Judge Amy Berman Jackson said last year that those arguments were disingenuous because the memo was prepared for Barr at about the same time as a separate Justice Department letter informing Congress and the public that Barr and other senior department leaders concluded that Trump had not obstructed justice.
She said the memo could therefore not have been “predecisional” in nature if the Justice Department had already decided that there would be no obstruction case.
The government said it had indeed already concluded that there would be no obstruction prosecution since Justice Department legal opinions say a sitting president cannot be indicted. But it said the memo concerned a separate issue: whether the evidence Mueller had collected could support a conclusion that Trump had obstructed justice.
In its ruling Friday, the appellate panel wrote that, had Justice Department officials made clear to the court that the memo related to Barr’s decision on making a public statement about the report, rulings in the case may have been different.
“Because the Department did not tie the memorandum to deliberations about the relevant decision, the Department failed to justify its reliance on the deliberative-process privilege,” according to the ruling, by an unsigned panel of judges from the U.S. Court of Appeals for the District of Columbia Circuit.
Barr and other senior officials concluded that Trump’s actions didn’t amount to obstruction, and the attorney general shared that assessment with Congress soon after the memo was complete. Mueller’s team did not reach a conclusion on whether Trump had obstructed justice.
Appellate judges also noted that their ruling was “narrow,” saying that it should not be interpreted to “call into question any of our precedents permitting agencies to withhold draft documents related to public messaging.”
___
Meg Kinnard can be reached at http://twitter.com/MegKinnardAP.
___
Eric Tucker contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/19/panel-rules-justice-dept-improperly-withheld-memo-russia-probe/ | 2022-08-19T17:39:21Z |
LOS ANGELES, April 12, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that LURE, their high-end pheromone infused men's cologne, has received Amazons "#1 New Release" badge under the very large men's cologne category of 27k+ brands.
LURE cologne is fortified with pheromones, known to attract the opposite sex. Plans are underway to sell the product via different distribution platforms. The brand uses CMGR's proprietary software Magiclytics, to analyze demographics and market the product to the most relevant audiences.
"The speed at which LURE has moved up in the rankings is a promising sign" said Amir Ben-Yohanan, CEO of CMGR. "As we continue our marketing strategy and widen our distribution, LURE is positioned to become a major player in men's cologne."
About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.
Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.
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SOURCE Clubhouse Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/12/clubhouse-media-group-inc-announces-lure-men-is-1-new-release-product-amazon/ | 2022-04-12T13:07:37Z |
BOULDER COUNTY, Colo. (KDVR) — Colorado Parks and Wildlife have confirmed that a man, woman, and dog were injured after being charged by a moose near Nederland, about 16 miles outside Boulder, on Wednesday morning.
CPW said the incident happened near the West Magnolia Trailhead before 8 a.m. A Boulder County Sheriff’s Office deputy arrived in the area and came across a cow moose while trying to find the people who were injured.
“They were walking their dogs and they came across a blind curve, a mom moose, and a baby moose, and a male moose,” a nearby neighbor, Dianne Delaurent, told Nexstar’s KDVR.
The deputy tried to scare off the moose by firing bean bag rounds at it. CPW said that’s when the moose ran off. Then, while the deputy was helping the two injured people, the moose returned.
The deputy fired a warning shot and the moose left the area a second time. As the deputy and medics were helping the injured man and woman to the trailhead, CPW said the moose returned to the area for the third time, presumably to protect their calf, and the moose resumed charging at people. The deputy then fired his weapon and killed the moose.
“They want you out of their space, they don’t want you around in their presence,” said Colorado Parks and Wildlife Public Information Officer Jason Clay.
A 31-year-old man was taken to the hospital with serious injuries. Additionally, a woman received minor injuries. Their dog was also injured during the attack.
CPW will investigate the circumstances around what caused the cow moose to attack.
“It’s just something to be aware of that there are these animals out here that can and will hurt you if you do something to them or if you are in an area where the life,” hiker David Shore said.
This incident marks the third known moose attack on a person this year. The first happened in Breckenridge on May 26, and the second happened in Grand Lake on May 31. CPW said both of those incidents were from cows that exhibited defensive behavior near their calves.
Clay said there were four moose attacks involving humans in 2021, and three of those attacks involved dogs as a catalyst in those attacks.
Moose sightings are common in Colorado and, during the same time frame on Wednesday, workers were relocating another roughly 40 miles away in Thornton.
If a moose charges you, here’s what CPW said you should do:
- Run away as fast as possible
- Get behind a large tree, rock or other object
- If you are knocked down, get up quickly
- If injured, seek immediate medical attention
- Report the incident to CPW as soon as possible
“What we say sometimes is if you put your thumb out and you can cover that whole animal with your thumb then in a lot of ways you’re probably at a safe distance,” Clay shared.
Moose typically respond to threats by raising their hackles on the back of their neck, licking their snout and pinning their ears back, according to Clay. They may bluff-charge at first, then turn back and charge aggressively, kicking and stomping the threat with their sharp hooves and powerful front leg.
CPW explains that if you ever encounter a moose, the best thing to do is get out of their space as soon as possible. | https://cw33.com/news/nexstar-media-wire/2-people-dog-attacked-by-moose-in-colorado/ | 2022-06-09T02:47:14Z |
(Our Auto Expert) — BMW is throwing a year-long birthday party for the “M” BMW call it the most powerful letter in the alphabet. That’s because it’s their Motorsports Heritage. It all started with a car called the M1. This is the first BMW M car, the M1, and they built it in conjunction with Lamborghini.
The trouble was, that during the building of this car, Lamborghini went bankrupt, and BMW had to complete the construction of the M1. So, Legend has it that BMW had to break into the Lamborghini offices. They had to retrieve their plans to finish the car. We asked the head of BMW of the Americas, Sebastian Mackenson if the story was true but couldn’t confirm or deny it.
One of the questions we are always asked is what are the colors from the BMW logo? The blue is for the flag of Bavaria. The red was originally for Texaco because BMW racing had a deal with the company. Over the years, BMW separated from Texaco and had to buy them out and the purple. Well, that’s a combination of blue and red. The original M1 has two BMW logos, one on each side of the back, and that’s because BMW didn’t want you to forget who made the M1.
I got to drive a selection of the most famous M cars from the last 50 years, from the BMW Factory in Spartanburg, South Carolina, to Florida. Every car has a story, and even the M cars, just ten years old, can increase in value by as much as twenty thousand dollars or more. For example, BMW has this classic 2012 Lime Rock Park Edition M3. Sold initially was for 77 thousand dollars, but recently a vehicle like this sold for around 97 thousand dollars on an auction website, which happens to be the same price as a brand new 2022 M4 in the same color.
The BMW Factory in Spartanburg is well on its way to producing the sixth millionth vehicle. The new XM will be made there. The Z4M is a celebration car for BMW. It was the one-millionth car built out of their US Spartanburg plant. So, what is to come? We again asked the head of BMW North America, Sebastian Mackenson.
“We will see great additions to the M family. We will see. A special version of an M4, a lightweight version of that Vehicle. We will see later in the year, the XM, we talked about it, but we also will see the new M2.”
That is what is next, so what happens now? The next chapter of the BMW M history is now evolving with electrification. The iX-M60 is the very first part of the electrification story of M, and coming soon, the XM will be built in Spartanburg, South Carolina.
That will be the first M vehicle as part of the electrification story built in the United States. And that Vehicle should be rolling off the line somewhere in the fall of 2022. | https://cw33.com/automotive/bmws-50th-anniversary-whats-next-for-bmw/ | 2022-04-21T02:54:40Z |
Accomplished Senior Executive to Provide Strategic Leadership to Expand on Encora's Award-Winning Workplace Culture
SCOTTSDALE, Ariz., Sept. 7, 2022 /PRNewswire/ -- Encora, a global Software and Digital Engineering company, today announced that Melissa Ribeiro has been appointed Chief People Officer, effective immediately. Ribeiro's addition highlights Encora's commitment to a people-first environment and caring culture as it expands rapidly throughout the world. In this role, Ribeiro will provide strategic leadership to the People & Culture and Talent Acquisition functions to support the business through a period of progressive transformation.
"In this fast-paced innovation landscape, it's critical for Encora to continue to invest in providing the best workplace culture for our people," said Venu Raghavan, CEO of Encora. "Melissa holds deep expertise in the technology industry and will greatly strengthen our strategies around hiring the best people, creating an environment for them to grow and thrive, and ultimately deliver the best possible digital solutions to our customers."
Ribeiro brings more than 20+ years of progressive HR leadership experience across a wide variety of industries and organizations. Her professional background includes broad international roles and significant depth in Latin America. Before joining Encora, Ribeiro was Chief People Officer at Actian Corporation, an onsite and cloud data management organization. She also served as the Global Executive Vice President of Human Resources at Deluxe Entertainment, a privately held entertainment firm. Earlier in her career, Ribeiro served as the Global Vice President of Human Resources at Opera Mediaworks, and Head of HR at Yahoo U.S. and Latin America.
"I'm honored to join Encora to support the company's rapid growth and build upon the outstanding culture the team has created," said Ribeiro. "My goals will be to accelerate the company's talent acquisition strategies to meet the needs of our customers, in addition to working with employees from across the world to better understand their needs from a culture and career development standpoint."
Ribeiro holds both a Bachelor of Science in Business Administration from Northern Parana University in Brazil, and a Master of Science in Management from Parana State University. She also holds a Ph.D. in Clinical Psychology from The Georgia School of Professional Psychology.
Headquartered in Scottsdale, Arizona, and backed by private equity firm Advent International, Encora is an established leader in Digital Product Development services. The preferred innovation partner to some of the world's leading technology companies, Encora provides next-gen services such as Predictive Analysis, Machine Learning, Artificial Intelligence, IoT, Cloud, and Test Automation. Encora has deep cluster vertical capabilities in HealthTech, FinTech, HiTech, IAM & Cybersecurity, Digital Commerce, EdTech, Supply Chain & Logistics, Telecom and other specialized industries. With over 7,400 associates in 40+ offices and innovation labs across the U.S., Mexico, Costa Rica, Brazil, Colombia, Bolivia, Peru, Canada, India, and Asia Pacific, Encora's global talent pool, micro-industry vertical expertise and proprietary Agile Engineering capabilities enable clients to improve their speed to impact. For more information, please visit www.encora.com.
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SOURCE Encora | https://www.wibw.com/prnewswire/2022/09/07/leader-digital-engineering-services-encora-appoints-melissa-ribeiro-chief-people-officer/ | 2022-09-07T13:43:12Z |
SAN FRANCISCO, June 16, 2022 /PRNewswire/ -- ENZU, the "Born in the Cloud" provider of private cloud, infrastructure, and managed services and home of the TruCloud® platform, is excited to announce the launch of its new Channel Partner headed by industry veteran, Dustin Young.
"I've wanted to build a true Partner-First program for some time now, and Enzu has given me that opportunity. I have long asked how do I build a program that has listened to what partners truly want? With our straightforward agreement, channel integration, and transparent PRM, I believe this program is closer to that than any I have built before." Enzu Channel Chief, Dustin Young said.
For Partners, the Enzu ecosystem creates a simplified commission structure and provides opportunity protection for one year after an opportunity may cancel, allowing the partner to re-earn that business and keep getting paid. The program also utilizes a Partner Relationship Management platform directly connected to our corporate Salesforce solution. This means full transparency on every opportunity, including deal-flow notifications, contract access, timelines, and seller/partner joint input. No more wondering what notes have been made about your prospect and where it is in the process with a provider.
The Edge-Computing/Bare-Metal space is exploding. Enabled by the growth of containerization, WEB3, Blockchain, and all high-performance computing needs around the globe.
Enzu, with its already 40+ data centers and reach around the globe, is positioned to build these services in more markets. This will help the partner community to enable their customers to have Edge services where they need them most.
"While the hyper-scalers enable services in primary markets. Enzu has primary, secondary, and tertiary markets covered today. We also build-to-order for clients trying to solve problems in regions that are challenging for them. In a hybrid-computing, low-latency demanding world, we believe we build solutions with less compromise and more performance." Dustin said.
Enzu also enables the data center network service layers in organizations like CoreSite and DRT. This expands the reach for your existing customers to maintain their current primary location and achieve a global presence that keeps critical services, such as ERP and Manufacturing, close to the end-user. In some cases, this means right on the customer premise as well.
"We are building a modern cloud-computing platform that expands the previous data-center-centric model closer to the end-user. Enabling Private-Cloud cores with replicated edge-computing services, all backed up by DR strategies that meet client needs based on where that data needs to exist. Does your customer need some data to stay in the country or region it resides? Our solution has your customer covered. We truly want to enable the partner community to build the infrastructure their customers want, need, and are required to build," said Art Schloerb, EVP, Global Sales.
Want to learn more about becoming an Enzu Partner:
Enzu, home of the TruCloud® Platform, fuels growth and innovation for organizations by delivering expert capabilities in Bare-Metal, Edge Computing, Private and Hybrid Cloud Solutions, Disaster Recovery, and Security. The TruCloud® Platform is a user-friendly console that provides IT leaders visibility and control from any device, anywhere in the world, to scale business needs quickly, with multiple layers of security and redundancy built in. With a presence in more than 40 data centers globally and availability in over 300 more, Enzu provides services when and where you need them.
Enzu, Born in the Cloud, is driven by a passion for helping companies make intelligent technology decisions to accelerate their business growth and transformation while understanding the unique challenges that companies face throughout their cloud journey. Enzu services are purpose-built to deliver flexible, scalable, and affordable Infrastructure-as-a-Service solutions for your individual needs. All backed by our premium customer support with unmatched SLAs.
Enzu is Built for Performance, Engineered for Reliability, Designed for Scalability, Configured for Security, and Powered by a Global Content Delivery Network.
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SOURCE Enzu | https://www.mysuncoast.com/prnewswire/2022/06/16/enzu-launches-true-partner-first-channel-program/ | 2022-06-17T00:50:42Z |
Video from school hall outside Uvalde massacre to be shown
AUSTIN, Texas (AP) — Surveillance video from the Robb Elementary School hallway where police waited as a gunman opened fire in a fourth-grade classroom will be shown this weekend to residents of Uvalde, a Texas lawmaker leading an investigation into the massacre of 21 people said Tuesday.
The 77-minute video, which officials say ends before law enforcement finally breached the classroom May 24, does not contain images of children. It has received renewed attention over the past week as anger mounts in Uvalde over an incomplete account about the slow police response and calls for accountability seven weeks after the worst school shooting in Texas history.
Rep. Dustin Burrows, a Republican leading an investigation into the shooting, tweeted that the video and findings from a preliminary report will be shown Sunday in Uvalde to residents and distributed publicly soon after.
“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,” Burrows tweeted.
Nineteen children and two teachers were killed. Police waited more than an hour after the shooting began before confronting the gunman, who was killed by police.
Burrows said his committee has interviewed more than 40 people behind closed doors over the last several weeks, including law enforcement who were at the scene. He has defended the committee talking with witnesses in private to elicit more candor about what happened.
State police said last week that Uvalde County District Attorney Christina Busbee had objected to releasing the video. Busbee has not publicly addressed those claims and has not returned messages seeking comment.
But the video alone will not answer all the questions that remain, nearly two months later, about the law enforcement response. Among them are how the schools’ police Chief Pete Arredondo came to the forefront of the massive law enforcement response involving numerous local, state and federal agencies.
State authorities have cast Arredondo as the on-scene commander and said his errors delayed police killing the gunman. Arredondo, however, has told the Texas Tribune he didn’t consider himself to be in charge of operations and that he assumed someone else had taken control of the law enforcement response. He did not have a police radio at the time.
The roles of the ranking on-scene officers from other agencies, including the Texas Department of Public Safety, remain unclear. Local officials in Uvalde have accused the state police of repeatedly putting out inaccurate information about the shooting while glossing over the role of its own troopers.
___
Associated Press writer Jake Bleiberg in Dallas contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/12/video-school-hall-outside-uvalde-massacre-be-shown/ | 2022-07-12T16:11:16Z |
Disney government in dark about effect of law dissolving it
LAKE BUENA VISTA, Fla. (AP) — At the first meeting of Walt Disney World’s private government since Florida Gov. Ron DeSantis signed into law a measure to dissolve it next year, officials said Wednesday they were still confused about what the new legislation meant, even as some ripple effects were starting to be felt.
The administrator of the government, called the Reedy Creek Improvement District, said the expansion of a solar power project could be delayed because of financing challenges linked to the legislation, and the union for the district’s firefighters expressed concerns about what the dissolution might mean for members’ lifetime benefits.
After the meeting, Donald Greer, who has been a member of Reedy Creek’s board of supervisors since 1975, said the board could not provide clear answers on those issues because “we don’t know where we are going.”
“The district may have a response as soon as we know what it means, but I don’t know if anybody knows what it means. I don’t think anyone has deciphered it,” Greer said.
The dissolution measure was passed quickly in the Republican-controlled statehouse without public study of its impact and was hastily signed into law by DeSantis. The move came in a GOP push to punish Disney over its opposition to another new law barring instruction on gender identity and sexual orientation in early grade school, which critics call “Don’t Say Gay.”
For the governor, the feud was the latest front in a culture war he has waged over policies involving race, gender and the coronavirus, battles DeSantis has harnessed to make himself one of the most popular Republicans in the country and a likely 2024 presidential candidate.
A day before DeSantis signed the bill into law, the Reedy Creek Improvement District sent a statement to investors that said it would continue its financial operations as usual. The district wrote that its agreement with the state forbids Florida from limiting or altering the district’s ability to collect taxes or fulfill its bond obligations.
Critics of the dissolution bill have warned that taxpayers in neighboring counties could end up shouldering about $1 billion in debts from the district. DeSantis has dismissed those concerns and said additional legislation would be drafted to clarify the future of such special districts in the state.
At the Reedy Creek meeting Wednesday, district administrator John Classe said a developer has experienced challenges financing a planned expansion of a solar power program, meaning it could be delayed.
Jon Shirey, the head of the union for Reedy Creek’s firefighters, who make up around half of the private government’s 400 employees, asked supervisors to give his members reassurances that their jobs and benefits would be preserved since they have been kept in the dark about what the effect is going to be. The firefighters, particularly retirees, are worried about losing their guaranteed lifetime health insurance, he said.
“We have been told to stay quiet, don’t talk to the media, don’t engage with current events,” Shirey told supervisors. “We have been told the leadership of the district will tell the story. They will be the ones putting out the message. I ask you, ‘What is that message?’”
The supervisors did not respond, and in fact spent little time devoted to the legislation which poses an existential threat to the 55-year-old Reedy Creek Improvement District. Classe told supervisors its workers would continue to function with the same “high standards and professionalism they always have done as we learn what this legally means.”
Backers of the dissolution of Reedy Creek have argued it removes an unfair advantage the entertainment giant has over other theme parks, including allowing it to issue bonds and set its own zoning standards.
At an event Monday, the governor assured a cheering crowd that Disney’s bond debts won’t be dumped on taxpayers.
“Under no circumstances will Disney be able to not pay its debts, we will make sure of that,” DeSantis said.
Credit rating agency Fitch Ratings has put Reedy Creek on a “negative watch” list, indicating that the private government’s ratings could stay the same or potentially be downgraded. A downgrade would make borrowing more difficult for Reedy Creek.
Another ratings agency, S&P Global Ratings, said that among the questions left unanswered by the new law was whether Reedy Creek would reconstitute after it’s dissolved next year, how utility operations and debt would be transferred to the neighboring governments if it came to that and how the neighboring governments would raise taxes to secure Reedy Creek’s debt.
Under the law, Reedy Creek would expire by June 2023. The lack of public answers from Reedy Creek leaders about the new law may come from fear “the governor will find their statements unfriendly and that will complicate things,” said Shirey, who added he is optimistic lawmakers will look after the interests of the district’s first responders.
“We have 14 months, and a lot can change between now and then,” Shirey said.
___
Izaguirre reported from Tallahassee, Florida
___
Follow Mike Schneider on Twitter at https://twitter.com/MikeSchneiderAP.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/27/disney-government-dark-about-effect-law-dissolving-it/ | 2022-04-27T22:20:09Z |
Leading New York-based trial attorneys recently achieved back-to-back, precedent-setting victories on behalf of clients.
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Cadwalader, Wickersham & Taft LLP continues to expand its Global Litigation and White Collar Defense and Investigations groups, with the addition of high-profile partners Kenneth M. Breen and Phara A. Guberman.
Breen and Guberman are highly experienced trial attorneys who join Cadwalader from Paul Hastings, where Breen most recently served as head of Paul Hastings' New York white collar group after 10 years as chair of the firm's global investigations and white collar defense team.
Their practice focuses on defending corporations and executives in high-stakes investigations, trials, and appeals, typically involving allegations of accounting fraud, securities fraud, insider trading, cybersecurity issues, and money laundering. They are also skilled in conducting internal investigations for companies, teams, clubs, and university systems, and have substantial business litigation experience, representing clients in complex civil matters in federal and state courts and arbitration proceedings.
Together, they recently achieved major back-to-back victories for clients in two of the highest profile white collar matters in the United States. In a precedent-setting appellate victory in U.S. v. Connolly, et al., the Second Circuit Court of Appeals overturned all counts of conviction and directed a judgment of acquittal in favor of their client, Matthew Connolly, the lead defendant in the case and the first U.S.-based trader to be charged with alleged manipulation of LIBOR. Breen and Guberman represented Mr. Connolly at trial and on appeal. Their win represents the only LIBOR-related criminal case in the U.S. or U.K. to be overturned on sufficiency of the evidence and sets an important standard for all future wire fraud prosecutions. For this they were recognized by The American Lawyer as Litigators of the Week, which referred to the Connolly appellate success as a "remarkable turnaround" and recognized that the "decision is the second white-collar appellate reversal [Breen and Guberman] have won in as many years." Global Investigations Review short-listed the Connolly trial as its "Most Important Case of the Year" for its impact on future investigations and Law360 honored them for securing a sentencing ruling without any period of incarceration for Mr. Connolly, though the government was seeking 15 years.
The duo also represented David Gibson, former Chief Financial Officer of Wilmington Trust Corporation, in U.S. v. Gibson, et al., at trial and on appeal in a matter involving accounting and securities fraud brought by the U.S. Attorney's Office for the District of Delaware. Mr. Gibson's conviction was overturned on all counts in a matter of first impression for the Third Circuit Court of Appeals, and the remanded counts were dismissed by the District of Delaware. The Gibson case sets a precedent for false statement prosecutions in the Third Circuit. The American Lawyer deemed this win a "stunning reversal of criminal convictions… in a case dating back to the Great Recession."
"Ken and Phara have certainly established a market-leading reputation as white collar attorneys, both individually and as a team," said Cadwalader managing partner Pat Quinn. "They have represented and achieved noteworthy victories for individual and corporate clients on some of the highest profile matters of the past decade. They are outstanding additions to the white collar practice and our firm."
Added white collar defense and investigations practice chair Jodi Avergun: "The arrival of Ken and Phara is another crucial step in the ongoing build-out of our exceptional white collar practice. They are first-rate white collar attorneys – equally as adept in the courtroom as working behind the scenes on behalf of their clients."
Breen is a first-chair trial attorney who has been consistently recognized among the leading white collar attorneys in the country. Prior to private practice, Breen served as a federal prosecutor in the U.S. Attorney's Office for the Eastern District of New York, where he was Deputy Chief of the Business and Securities Fraud Section, and in the U.S. Department of Justice Tax Division. He has tried 48 cases to verdict and argued 12 appeals as a federal prosecutor and defense attorney. In ranking Breen as a leader in this field, Chambers USA notes that his clients praise his "very shrewd mind," "exceptional legal vision," and "ability to look across the full spectrum of white-collar issues." According to Chambers, he impresses clients as an advocate who is "dedicated, tireless and [someone who] can quickly effectively understand legal issues and the business needs of his clients," and as an "extraordinarily effective trial counsel" who "comes with the experience, gravitas and intellect" that lets the other side know that he will be "really prepared to try the matter."
Guberman is a highly regarded versatile litigator considered a next-generation leader in the field. She was recently honored by Benchmark Litigation as one of the Top 250 Women in Litigation and by Global Investigations Review as one of 100 notable Women in Investigations. Law360 has named her a "Legal Lion" and as one of its five national rising stars in white collar defense for major client victories in high-profile matters. The Legal 500 USA has recognized Guberman for Corporate Investigations and White-Collar Defense: Advice to Individuals and Advice to Corporates. She has successfully defended a wide array of criminal and complex commercial trials, managed investigations, and handled appeals on a full spectrum of legal issues.
Breen and Guberman envision continued growth of their practice at Cadwalader, owing to the firm's outstanding market reputation among financial institutions and funds, as well as leading corporate clients.
"Phara and I are excited to join Cadwalader's world-class white collar defense practice," Breen said. "In our experience, being ready, willing, and able to go to trial leads to the best results for our clients, whether resolutions are reached in or out of court. Our adversaries certainly know our reputation and track record of success in high-stakes and high-profile matters, for company and individual clients alike. Our default setting is not capitulation. Cadwalader's white collar team shares and practices our ethos in this regard. In joining the Cadwalader team, we will continue to bring that fight for our clients in avoiding charges, obtaining client-friendly settlements and, when necessary, winning at trial and on appeal. We believe that the best results come from the ability to deliver for our clients at those levels."
Added Guberman: "The extraordinary group of litigators at Cadwalader are individually known for their fierce advocacy and winning records. We are thrilled to be part of a dynamic and talented team to provide unmatched service and achieve the best results for clients in resolving their most difficult issues. We are honored to join Cadwalader, with its long-standing reputation for legal excellence and collaboration, and to be part of its continued growth."
The arrival of Breen and Guberman represents the next phase of the expansion plan for the white collar and global litigation groups. Over the past 18 months, Cadwalader has added leading litigators Nicholas Gravante, Philip Iovieno, Larry Brandman, and Helen Maher in New York; Phil Khinda, Doug Gansler, and Rachel Rodman in Washington; and Mark Beardsworth and Kevin Roberts in London.
About Cadwalader, Wickersham & Taft LLP
Cadwalader, Wickersham & Taft LLP, established 230 years ago, serves a diverse client base, including many of the world's leading financial institutions, corporations and funds. With offices in New York, London, Charlotte, Washington and Dublin, Cadwalader offers legal expertise in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, health care, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, financial regulation, securitization, structured finance, tax and white collar defense. For more information, visit www.cadwalader.com.
Contact:
Ron Brandsdorfer +1 212 504 6712
ron.brandsdorfer@cwt.com
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SOURCE Cadwalader, Wickersham & Taft | https://www.wibw.com/prnewswire/2022/09/13/cadwalader-adds-nationally-renowned-white-collar-defense-partners-kenneth-breen-phara-guberman/ | 2022-09-13T17:36:51Z |
SCOTTSDALE, Ariz., April 12, 2022 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it has been selected as the O-RAN test and measurement partner at a test and certification lab, run jointly by Korean organizations Telecommunications Technology Association (TTA) and the Electronics and Telecommunications Research Institute (ETRI).
VIAVI is providing its TM500 O-RU Tester, providing conformance testing, O-RAN fronthaul transport layer testing, and 5G physical layer testing to validate performance and interoperability. The TM500 O-RU Tester supports O-RAN WG 4 specifications as well as 3GPP 38.141 - 1 release.
The growth of Open RAN has become a worldwide phenomenon, as operators and vendors around the world have rallied towards the evolving standards. As the standards allow for multiple vendors, both new and legacy, to provide equipment for different parts of the 5G network, this makes conformance and interoperability testing more critical than ever.
VIAVI offers the most comprehensive test suite on the market for lab validation, field deployment and service assurance of O-RAN networks. With vast experience validating network products for operators and manufacturers worldwide, VIAVI allows any node – O-RU, O-DU, O-CU, RIC and Core – and complete end-to-end testing to be performed on premise, in the cloud or as a service.
"The growth in O-RAN is a great leveler when it comes to communications infrastructure vendors," said Younghae Choi, President of TTA. "Where previously there were two or three major vendors, there are now literally hundreds of vendors all vying for their place in the network and innovating to provide what the market needs. This new multi-vendor environment makes conformance and interoperability testing fundamental and we are thankful to VIAVI for their important role in supporting our efforts in the Korean market."
"Korea has been one of world's hotspots for innovation for many years," said Rajesh Rao, Vice President, Asia Pacific and Japan, VIAVI. "When you look below the surface you see the vital work of organizations like the TTA and ETRI in maintaining Korea's leadership in innovation. We are proud to support both the TTA and ETRI as they help prepare Korean vendors and the wider ecosystem for the growth in O-RAN based networks."
VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. We help these customers harness the power of instruments, automation, intelligence and virtualization to Command the network. VIAVI is also a leader in light management solutions for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, and defense applications. Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn, Twitter, YouTube and Facebook.
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SOURCE VIAVI Solutions | https://www.kxii.com/prnewswire/2022/04/12/viavi-selected-testing-partner-korean-o-ran-lab/ | 2022-04-12T12:12:28Z |
LEHIGH VALLEY, Pa., Aug. 4, 2022 /PRNewswire/ -- Air Products (NYSE: APD) today announced that Simon Moore, vice president of Investor Relations, Corporate Relations and Sustainability, has elected to retire from Air Products at the end of March 2023 following a distinguished 33-year career with the Company.
A search for Moore's successor has commenced, and the Company will ensure a smooth and seamless transition of responsibilities.
"Simon informed me of his decision to retire at the end of March 2023, and I want to acknowledge and thank him for the continued, vital role he plays leading our engagement with investors, communities, and a variety of sustainability-focused stakeholders," said Seifi Ghasemi, Air Products' Chairman, President and CEO. "As we seek his successor, Simon will continue to provide his deep knowledge and expertise in support of our growth strategy and the many opportunities ahead for Air Products. I am grateful for his hard work, leadership and dedication to creating shareholder value."
"After 33 years with the Company, I can honestly say the combination of Air Products' strong industrial gas base business and its global, first-mover hydrogen projects puts Air Products in a unique position of strength," Moore said. "I remain very excited about Air Products' leadership in driving the Energy Transition – and the tremendous opportunities this continues to create for our employees, investors, customers and many other stakeholders. I look forward to supporting the search for my successor and to a smooth transition process as Air Products carries those strengths forward," he added.
Moore joined Air Products in 1990 as a Merchant Gases sales representative in Los Angeles. In 1995 he transferred to the Company's headquarters to support hydrogen onsite business development, and in 1998 he relocated to Houston, where he was named Tonnage business manager of the West Gulf Coast pipeline system. Moore relocated to Taiwan in 2004 when he was named director, fab development for Electronics and then global director, Electronic Materials, in 2007. He returned to headquarters in 2010 as director, Investor Relations. He became responsible for Corporate Relations in 2016 and Sustainability in 2020.
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of about $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements: This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.
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SOURCE Air Products | https://www.mysuncoast.com/prnewswire/2022/08/04/simon-moore-vice-president-investor-relations-corporate-relations-sustainability-retire-after-33-year-career-with-air-products/ | 2022-08-04T15:07:57Z |
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Attention Kohl's Corporation ("Kohl's") (NYSE: KSS) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between October 20, 2020 and May 19, 2022.
If you suffered a loss on your investment in Kohl's, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Kohl's includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Kohl's new strategic framework to "drive top-line growth," "expand operating margin," and become "the most trusted retailer of choice for the active and casual lifestyle" (the "Strategic Plan") was not well tailored to achieving the Company's stated goals; (ii) the defendants had likewise overstated the Company's success in executing its Strategic Plan; (iii) Kohl's had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (iv) as a result, the Company's board of directors was able to and did withhold material information from shareholders about the state of Kohl's in the lead-up to the Company's annual meeting; (v) all the foregoing, once revealed, was likely to have a material negative impact on Kohl's financial condition and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
Aggrieved Kohl's investors only have until November 1, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/09/12/class-action-alert-law-offices-vincent-wong-remind-kohls-investors-lead-plaintiff-deadline-november-1-2022/ | 2022-09-12T10:42:06Z |
Commercial initiatives drive stronger sequential performance
KINGSEY FALLS, QC , Aug. 4, 2022 /PRNewswire/ - Cascades Inc. (TSX: CAS) reports its unaudited financial results for the three-month period ended June 30, 2022.
- Sales of $1,119 million (compared with $1,038 million in Q1 2022 and $956 million in Q2 2021)
- As reported (including specific items)
- Adjusted (excluding specific items1)
- Net debt1 of $1,712 million as of June 30, 2022 (compared with $1,549 million as of March 31, 2022). Net debt to adjusted OIBD ratio1 of 5.4x, up from 4.8x as of March 31, 2022.
- Total capital expenditures, net of disposals, of $116 million in Q2 2022, and $212 million in the first half of 2022. Forecasted 2022 net capital expenditures of $450 - $470 million, including $310 - $330 million for the Bear Island containerboard conversion project in Virginia, USA.
Mario Plourde, President and CEO, commented: "Our packaging businesses delivered good sequential performances in the second quarter, with improved pricing and sales mix, higher volumes, and lower raw material costs in the case of Containerboard outweighing the impact of continued cost inflation. Sequentially, results in our Tissue Papers business highlight the momentum being generated by the profitability initiatives underway. While pricing and mix improvements realized to date helped to mitigate the unprecedented headwinds on the cost side, these initiatives are trailing the pace of the current high inflation environment. These initiatives remain on track to generate important contributions in the back half of 2022, and are being closely monitored and regularly adapted to address the changing cost environment.
We continued to advance the Bear Island project in the quarter. The capital investments for this project, which totaled $81 million in the second quarter and $145 million year-to-date, combined with lower consolidated financial results, has resulted in an increase in our leverage in the second quarter. As we have previously stated, this trend is expected to reverse with improved business performance through the remainder of 2022 and throughout 2023 as well as the positive contribution from this facility following its start-up."
Discussing near-term outlook, Mr. Plourde commented, "We are focused on driving benefits from profitability initiatives underway in our Tissue Papers segment. While the level of expected long-term financial contributions remains intact, persistent cost headwinds and adjustments to the implementation timing of announced industry price increases have reduced our forecasted OIBD range for this segment to $25 - $40 million for 2022, from the previously stated $60 - $80 million2. This revision does not change the 2024 OIBD targets provided in our strategic plan in February. The current inflationary environment has also had implications for our Bear Island project in 2022. Higher cost levels combined with labour and material availability constraints, which have led to temporary delays in certain construction milestones, increased the total projected cost for this project to a range of $595 - $615 million (US$470 - US$485 million). Our team is working closely with contractors to mitigate any potential delay caused by these elements in order to meet the targeted mid-December 2022 start date. However, it is important to note that the timing of some critical construction milestones may be at risk due to these issues and, as a result the start-up of paper production may be delayed to the first quarter of 2023.
At the operations level, we are forecasting sequentially stable results in our packaging businesses in the third quarter, during which favourable pricing momentum is expected to mitigate continued cost inflation. As we have previously stated, the Tissue Papers business is expected to return to a trajectory of positive contribution in the upcoming quarters as meaningful benefits from implementation of the profitability initiatives begin to be realized."
Selected consolidated information
Segmented OIBD as reported
Segmented adjusted OIBD1
Analysis of results for the three-month period ended June 30, 2022 (compared to the same period last year)
Sales of $1,119 million increased by $163 million compared with the same period last year. This reflects $146 million of combined benefits from improvements in selling prices and sales mix in all business segments. The Canadian dollar - US dollar exchange rate was also favourable for all businesses, contributing $24 million to sales levels on a consolidated basis. These were partially offset by a $16 million impact related to lower volumes in the Containerboard and Tissue Papers business segments.
The Corporation generated an operating income before depreciation and amortization (OIBD) of $95 million in the second quarter of 2022, up from $87 million in the second quarter of 2021. On an adjusted basis1, second quarter OIBD totaled $91 million, a decrease of $7 million, or 7% from the $98 million generated in the same period last year. This decrease is attributable to higher raw material, production, energy and logistics costs in all segments, the effects of which were not fully mitigated by improvements in selling prices and mix in all businesses and a beneficial FX impact for the packaging segments.
The main specific items, before income taxes, that impacted our second quarter 2022 OIBD and/or net earnings were:
- $4 million gain from the settlement of a supply agreement in Tissue Papers segment (OIBD and net earnings);
- $3 million foreign exchange loss on long-term debt and financial instruments (net earnings).
For the 3-month period ended June 30, 2022, the Corporation posted net earnings of $10 million, or $0.10 per common share, compared to net earnings of $3 million, or $0.02 per common share, in the same period of 2021. On an adjusted basis1, the Corporation generated net earnings of $10 million in the second quarter of 2022, or $0.10 per common share, compared to net earnings of $8 million, or $0.07 per common share, in the same period of 2021.
Dividend on common shares and normal course issuer bid
The Board of Directors of Cascades declared a quarterly dividend of $0.12 per common share to be paid on September 1, 2022 to shareholders of record at the close of business on August 17, 2022. This dividend is an "eligible dividend" as per the Income Tax Act (R.C.S. (1985), Canada). During the second quarter of 2022, Cascades purchased no common shares for cancellation.
2022 Second Quarter Results Conference Call Details
Management will discuss the 2022 second quarter financial results during a conference call today at 12:00 p.m. EDT. The call can be accessed by dialing 1-888-390-0620 (international 1-416-764-8651). The conference call, including the investor presentation, will be broadcast live on the Cascades website (www.cascades.com) under the "Investors" section. A replay of the call will be available on the Cascades website and may also be accessed by phone until September 4, 2022 by dialing 1-888-390-0541 (international 1-416-764-8677), access code 567197.
Founded in 1964, Cascades offers sustainable, innovative and value-added packaging, hygiene and recovery solutions. The company employs approximately 10,000 women and men across a network of close to 80 facilities in North America. Driven by its participative management, half a century of experience in recycling, and continuous research and development efforts, Cascades continues to provide innovative products that customers have come to rely on, while contributing to the well-being of people, communities and the entire planet. Cascades' shares trade on the Toronto Stock Exchange under the ticker symbol CAS. Certain statements in this release, including statements regarding future results and performance, are forward-looking statements based on current expectations. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially from those projected, including, but not limited to, the effect of general economic conditions, decreases in demand for the Corporation's products, increases in raw material costs, fluctuations in selling prices and adverse changes in general market and industry conditions and other factors.
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED STATEMENTS OF EARNINGS
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
CONSOLIDATED STATEMENTS OF EQUITY
CONSOLIDATED STATEMENTS OF CASH FLOWS
The Corporation analyzes the performance of its operating segments based on their operating income before depreciation and amortization, which is not a measure of performance under International Financial Reporting Standards (IFRS). However, the chief operating decision-maker (CODM) uses this performance measure to assess the operating performance of each reportable segment. Earnings for each segment are prepared on the same basis as those of the Corporation. Intersegment operations are recorded on the same basis as sales to third parties, which are at fair market value. The accounting policies of the reportable segments are the same as the Corporation's accounting policies described in its most recent audited consolidated financial statements for the year ended December 31, 2021.
The Corporation's operating segments are reported in a manner consistent with the internal reporting provided to the CODM. The Chief Executive Officer has authority for resource allocation and management of the Corporation's performance and is therefore the CODM.
The Corporation's operations are managed in three segments: Containerboard and Specialty Products (which constitutes the Corporation's Packaging Products) and Tissue Papers.
SUPPLEMENTAL INFORMATION ON NON-IFRS MEASURES AND OTHER FINANCIAL MEASURES
SPECIFIC ITEMS
The Corporation incurs some specific items that adversely or positively affect its operating results. We believe it is useful for readers to be aware of these items as they provide additional information to measure performance, compare the Corporation's results between periods, and assess operating results and liquidity, notwithstanding these specific items. Management believes these specific items are not necessarily reflective of the Corporation's underlying business operations in measuring and comparing its performance and analyzing future trends. Our definition of specific items may differ from that of other corporations and some of these items may arise in the future and may reduce the Corporation's available cash.
They include, but are not limited to, charges for (reversals of) impairment of assets, restructuring gains or costs, loss on refinancing and repurchase of long-term debt, some deferred tax asset provisions or reversals, premiums paid on repurchase of long-term debt, gains or losses on the acquisition or sale of a business unit, gains or losses on the share of results of associates and joint ventures, unrealized gains or losses on derivative financial instruments that do not qualify for hedge accounting, unrealized gains or losses on interest rate swaps and option fair value revaluation, foreign exchange gains or losses on long-term debt and financial instruments, fair value revaluation gains or losses on investments, specific items of discontinued operations and other significant items of an unusual, non-cash or non-recurring nature.
RECONCILIATION AND USES OF NON-IFRS AND OTHER FINANCIAL MEASURES
To provide more information for evaluating the Corporation's performance, the financial information included in this analysis contains certain data that are not performance measures under IFRS ("non-IFRS measures"), which are also calculated on an adjusted basis to exclude specific items. We believe that providing certain key performance and capital measures, as well as non-IFRS measures, is useful to both Management and investors, as they provide additional information to measure the performance and financial position of the Corporation. This also increases the transparency and clarity of the financial information. The following non-IFRS measures and other financial measures are used in our financial disclosures:
Non-IFRS measures
- Adjusted OIBD: Used to assess operating performance and the contribution of each segment on a comparable basis.
- Adjusted operating income: Used to assess operating performance of each segment on a comparable basis.
- Adjusted net earnings: Used to assess the Corporation's consolidated financial performance on a comparable basis.
- Adjusted free cash flow: Used to assess the Corporation's capacity to generate cash flows to meet financial obligations and/or discretionary items such as share repurchase, dividend increase and strategic investments.
- Working capital: Used to assess the short-term liquidity of the Corporation.
Other financial measures
- Total debt: Used to calculate all the Corporation's debt, including long-term debt and bank loans. Often put in relation to equity to calculate the debt-to-equity ratio.
- Net debt: Used to calculate the Corporation's total debt less cash and cash equivalents. Often put in relation to adjusted OIBD to calculate net debt to adjusted OIBD ratio.
Non-IFRS ratios
- Net debt to adjusted OIBD ratio: Used to assess the Corporation's ability to pay its debt and evaluate financial leverage.
- Net debt to adjusted OIBD ratio on a pro-forma basis: Used to measure the Corporation's credit performance and evaluate the financial leverage on a comparable basis, including significant business acquisitions and excluding significant business disposals, if any.
- Adjusted OIBD margin : Used to assess operating performance and the contribution of each segment on a comparable basis.
- Adjusted net earnings per common share: Used to assess the Corporation's consolidated financial performance on a comparable basis.
- Net debt / Net debt + Shareholders' equity: Used to evaluate the Corporation's financial leverage and thus the risk to Shareholders.
- Working capital as a percentage of sales: Used to assess the Corporation's operating liquidity performance.
- Adjusted free cash flow per common share: Used to assess the Corporation's financial flexibility.
Non-IFRS and other financial measures are mainly derived from the consolidated financial statements, but do not have meanings prescribed by IFRS. These measures have limitations as an analytical tool and should not be considered on their own or as a substitute for an analysis of our results as reported under IFRS. In addition, our definitions of non-IFRS and other financial measures may differ from those of other corporations. Any such modification or reformulation may be significant.
The reconciliation of operating income (loss) to OIBD, to adjusted operating income (loss)1 and to adjusted OIBD1 by business segment is as follows:
Net earnings (loss), as per IFRS, are reconciled below with operating income (loss), adjusted operating income (loss)1 and adjusted operating income before depreciation and amortization1:
The following table reconciles net earnings (loss) and net earnings (loss) per common share, as per IFRS, with adjusted net earnings (loss)1 and adjusted net earnings (loss)1 per common share:
The following table reconciles cash flow from (used by) operating activities from continuing operations with operating income (loss) and operating income (loss) before depreciation and amortization:
The following table reconciles cash flow from (used by) operating activities from continuing operations with cash flow from operating activities from continuing operations (excluding changes in non-cash working capital components) and adjusted cash flow from operating activities from continuing operations1. It also reconciles adjusted cash flow from operating activities from continuing operations2 to adjusted free cash flow used2, which is also calculated on a per common share basis:
The following table reconciles total debt1 and net debt1 with the ratio of net debt1 to adjusted operating income before depreciation and amortization (adjusted OIBD1):
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SOURCE Cascades Inc. | https://www.wibw.com/prnewswire/2022/08/04/cascades-reports-results-second-quarter-2022/ | 2022-08-04T11:45:09Z |
High Wind Warning issued April 5 at 2:58PM MDT until April 5 at 6:00PM MDT by NWS Riverton WY
* WHAT…West winds 25 to 35 mph with gusts up to 65 mph.
* WHERE…Upper Green River Basin Foothills and Upper Green
River Basin.
* WHEN…Until 6 PM MDT this evening.
* IMPACTS…Mainly to transportation. Elevated blowover risk,
especially for light and high profile vehicles, including
campers and tractor trailers.
People should avoid being outside in forested areas and around
trees and branches. If possible, remain in the lower levels of
your home during the windstorm, and avoid windows. Use caution if
you must drive. | https://localnews8.com/weather/alerts-weather/2022/04/05/high-wind-warning-issued-april-5-at-258pm-mdt-until-april-5-at-600pm-mdt-by-nws-riverton-wy/ | 2022-04-05T22:12:06Z |
GENEVA (AP) — The number of new coronavirus cases reported worldwide rose for the fifth week in a row while the number of deaths remained relatively stable, the World Health Organization reported Thursday.
In the U.N. health agency’s weekly review of the COVID-19 pandemic, WHO said there were 5.7 million new infections confirmed last week, marking a 6% increase. There were 9.800 deaths, roughly similar to the previous week’s figure.
Earlier this week, WHO Director-General Tedros Adhanom Ghebreyesus said the pandemic still qualifies as a global emergency and he was “concerned” about the recent spike.
“The virus is running freely, and countries are not effectively managing the disease burden,” he said during a Tuesday press briefing. “New waves of the virus demonstrate again that COVID-19 is nowhere near over.”
In the last two weeks, cases of COVID-19 reported to WHO surged 30%, driven largely by the hugely infectious omicron relatives, BA.4 and BA.5. The two omicron subvariants have shown a worrisome ability to re-infect people previously vaccinated or who have recovered from COVID.
According to WHO, the biggest increases in COVID-19 cases were seen in the Western Pacific and the Middle East, where they jumped by more than a quarter. Deaths spiked by 78% in the Middle East and by 23% in Southeast Asia, while dropping elsewhere or remaining stable.
WHO said that relaxed COVID-19 surveillance and testing programs in numerous countries have complicated efforts to track the virus and to catch any potentially dangerous new variants.
In the U.S., the new omicron variants have pushed up hospitalizations and deaths in recent weeks, prompting some cities and states to rethink their approaches. White House COVID-19 coordinator Dr. Ashish Jha, during a Wednesday TV appearance, called for booster shots and renewed vigilance against the virus.
The White House response team has also urged all adults 50 and older to urgently get a booster if they haven’t yet this year — and dissuaded people from waiting for the next generation of shots expected in the fall.
___
Follow AP’s coverage of the pandemic at https://apnews.com/hub/coronavirus-pandemic | https://cw33.com/health/ap-health/who-covid-19-cases-rise-for-the-5th-week-deaths-stable/ | 2022-07-14T19:01:02Z |
Fragment of the asteroid that killed off the dinosaurs may have been found
By Katie Hunt, CNN
A tiny fragment of the asteroid that hit Earth 66 million years ago may have been found encased in amber — a discovery NASA has described as “mind-blowing.”
It’s one of several astounding finds at a unique fossil site in the Hell Creek Formation in North Dakota that has preserved remnants of the cataclysmic moment that ended the dinosaur era — a turning point in the history of the planet.
The fossils unearthed there include fish that sucked in debris blasted out during the strike, a turtle impaled with a stick and a leg that might have belonged to a dinosaur that witnessed the asteroid strike.
The story of the discoveries is revealed in a new documentary called “Dinosaur Apocalypse,” which features naturalist Sir David Attenborough and paleontologist Robert DePalma and airs Wednesday on the PBS show “Nova.”
The ultimate bad day
DePalma, a postgraduate researcher at the University of Manchester in the United Kingdom and adjunct professor for the Florida Atlantic University’s geosciences department, first started working at Tanis, as the fossil site is known, in 2012.
The dusty, exposed plains starkly contrast with what the site would have looked like at the end of the Cretaceous Period. Back then, the American Midwest was a swampy rainforest, and an inland sea that has since disappeared — known as the Western Interior Seaway — ran all the way from what’s now the Gulf of Mexico to Canada.
Tanis is more than 2,000 miles away from the Chicxulub impact crater left by the asteroid that struck off the coast of Mexico, but initial discoveries made at the site convinced DePalma that it provides rare evidence of what led to the end of the dinosaur era.
The site is home to thousands of well-preserved fish fossils that DePalma believed were buried alive by sediment displaced as a massive body of water unleashed by the asteroid strike moved up the interior seaway. Unlike tsunamis, which can take hours to reach land after an earthquake at sea, these moving water bodies, known as a seiche, surged out instantaneously after the massive asteroid crashed into the sea.
He’s certain that the fish died within an hour of the asteroid strike, and not as a result of the massive wildfires or the nuclear winter that came in the days and months that followed. That’s because “impact spherules” — small bits of molten rock thrown up from the crater into space where they crystallized into a glass-like material — were found lodged in the gills of the fish. Analysis of the fish fossils has also revealed the asteroid hit in spring.
“One piece of evidence after another started stacking up and changing the story. It was a progression of clues like a Sherlock Holmes investigation,” DePalma said.
“It gives a moment by moment story of what happens right after impact and you end up getting such a rich resource for scientific investigation.”
Many of the latest discoveries revealed in the documentary haven’t been been published in scientific journals.
Michael Benton, a professor of vertebrate paleontology at the University of Bristol, who acted as a scientific adviser on the documentary, said while it was a “matter of convention” that new scientific claims should go through peer review before being revealed on television, he and many other paleontologists accepted that the fossil site really does represent the dinosaurs’ “last day.”
“Some experts have said ‘well, it might be the day after or a month before … but I prefer the simplest explanation, which is that it really does document the day the asteroid hit in Mexico,” he said via email.
Cosmic origin
Most of the glassy impact spherules that first revealed the fingerprints of the asteroid impact to DePalma are preserved as clay as a result of geological processes over millions of years. However, DePalma and his collaborators have also found some spherules that landed in tree resin on the surface of a log that fateful day and were preserved in amber.
“In that amber we’ve located a number of spherules that were basically frozen in time, because, just like an insect in amber which is perfectly preserved, when these spherules entered the amber, water couldn’t get to them. They never turned to clay, and they’re perfectly preserved,” he said.
It’s “like getting a sample vial, running back in time and getting a sample from the impact site and then saving it for science,” DePalma said.
They were able to locate a number of little unmelted fragments of rock inside the glass spherules. Most of these tiny rock fragments were calcium-rich — likely from the limestone under the Yucatan Peninsula, DePalma said.
“But two of those were wildly different in composition. You had spikes in chromium and nickel and some other elements that are only common in meteoritic material and those fragments based on our preliminary analysis…are almost certainly of cosmic origin.”
DePalma said they hope to be able to confirm what the asteroid was made from and where it might be from — efforts that have caught the attention of NASA; DePalma presented his findings last month at the agency’s Goddard Space Flight Center in Greenbelt, Maryland.
“This example of what might be a little tiny fragment, maybe micrograms, of the colliding asteroid — the fact that a record of that is preserved, would be mind-blowing,” said Goddard Chief Scientist Jim Garvin, who has studied impact cratering on Earth and Mars.
Research on the amber-entombed spherules hasn’t been published in a peer-reviewed journal. During peer review, scientists give rigorous feedback on one another’s work to ensure it stands up to scrutiny. DePalma said a peer-reviewed paper on the preliminary findings would be published “in the coming months.”
Dinosaur leg
An exceptionally preserved dinosaur leg with skin in tact is another discovery from the Tanis site that features in the documentary, which first aired in the UK in April, and has turned heads in the paleontological world.
Very few fossils from the Cretaceous Period have been found in the uppermost rocks of the geological record, and it’s possible the limb — which belongs to a Thescelosaurus, a small plant-eating dinosaur DePalma and his colleagues discovered — could have died on the very day the asteroid hit. The preservation of soft tissue such as skin suggests that its body did not have any time to decay before it was buried in sediment.
“The only two supported scenarios here are that it died in the surge or that it died immediately before (the asteroid strike) but so close in time that it really did not have time to decay. This is not something that had died years before and then been reworked. That does not happen with soft tissue like that.”
Detailed analysis of the dinosaur’s leg bones could shed light on what conditions were like in the lead-up to the impact.
Other cool finds from the site include a fossilized pterosaur egg, the first found in North America. It shows that the eggs of the giant flying reptiles were soft like those of many reptiles today. A fossilized turtle with a wooden stick through its body is evidence that the creature was impaled during the water surge unleashed by the asteroid strike.
The work being done at Tanis not only nails down in jaw-dropping detail what happened the day the asteroid struck, it also provides insight into an event that caused a mass extinction and how that extinction subsequently unfolded. DePalma hopes this will provide a framework to think about the climate crisis today.
“The fossil record gives us a window into the details of a global-scale hazard and the reaction of Earth’s biota to that hazard,” DePalma said. “It gives us… a crystal ball looking back in time and enables us to apply that to today’s ecological and environmental crisis.”
“That is both startling, but also a benefit to us. Because by studying this impact event in greater detail, we can be better prepared to care for our world right now.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-world/2022/05/11/fragment-of-the-asteroid-that-killed-off-the-dinosaurs-may-have-been-found/ | 2022-05-11T15:32:45Z |
Unfortunately, Property Management Firm May Not Be Able To Come Up With All of The Funds; Shepherd Smith Edwards & Kantas LLP Is Looking Into Claims of Losses Involving Nelson Partners' Skyloft Austin Investors
HOUSTON, Aug. 11, 2022 /PRNewswire/ -- According to attorneys for Greg Milligan, the Plan Administrator for liquidation proceedings involving luxury high rise student building Skyloft Austin, a court has approved on a final basis the liquidation plan that would require Nelson Partners Student Housing to pay investors $50M. Under the Stipulation and Plan of Liquidation, the real estate management firm will likely have to sell the majority of its almost 20 student housing real estate properties to come up with this money.
The property management company's website notes that Nelson Partners owns off-campus student housing properties in multiple US States, including buildings close to Utah State University, Dixie State University, Washington State University, Colorado University, University of Oregon, Purdue University, Western Washington University, Arizona State University, West Virginia University, Montana State University, University of Northern Colorado, and Utah Valley University.
Now, the property management company has 18 months to come up with the funds. $50M will be placed in a Trust and distributed to investors on a pro rata basis.
While this liquidation deal will hopefully hold Nelson Partners accountable to investors, it is highly likely they will only be able to raise half of the money. Not only that but the property management firm has been having financial problems for some time now. Its CEO Patrick Nelson has been accused of running a Ponzi-like scam.
This is why it is important that you consider filing your own Financial Industry Regulatory Authority (FINRA) arbitration claim against the broker-dealer that marketed and sold you this private placement real estate deal.
Our skilled real estate private placement attorneys have helped thousands of investors in Texas and around the US to recoup their losses caused by brokerage firm negligence or misconduct. If you are a Skyloft Austin investor and you would like to explore your legal options for pursuing a FINRA arbitration claim against your broker-dealer, contact SSEK Law Firm (inveastorlawyers.com) at (866) 901-3784.
You can also speak with one of our Texas investor lawyers in Houston at (866) 901-4162 or Dallas at (214) 613-5306.
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SOURCE Shepherd Smith Edwards & Kantas LLP | https://www.mysuncoast.com/prnewswire/2022/08/11/nelson-partners-liquidation-plan-that-would-pay-50m-skyloft-austin-investors-gets-final-court-approval/ | 2022-08-11T14:26:16Z |
A first: African American Marine promoted to 4-star general
WASHINGTON (AP) — The first African American four-star general in Marine Corps history, Gen. Michael E. Langley, credited his father with telling him to “aim high” and predicted that his promotion on Saturday would have an impact on younger people.
Langley was born in Shreveport, Louisiana, and grew up at military bases as his father served in the Air Force. A graduate of the University of Texas at Arlington, he was commissioned a second lieutenant in the Marines in 1985.
“My daddy told me to aim high, so I aimed as high as I could and found the few and the proud,” Langley said during a ceremony at Marine Corps Barracks Washington attended by his father and other family members.
The Marine Corps, which traces its roots to 1775, rejected accepting Black men in its ranks until 1942, a turnabout that followed the attack on the American air base at Hawaii’s Pearl Harbor in 1941 and the U.S. entry into World War II.
The American military services were not desegregated until after President Harry Truman’s order in 1948. Three decades later, the first African American Marine was promoted to one-star general, in 1979.
Defense Secretary Lloyd Austin announced in June that President Joe Biden had nominated Langley for appointment to the grade of general. The promotion came with the assignment of commander of U.S. Africa Command, based in Stuttgart, Germany. The Senate confirmed his appointment on Monday.
“The milestone and what it means to the Corps is quite essential,” Langley said during Saturday’s ceremony, according to a Marine Corps report. “Not because the mark in history, but what it will affect going forward, especially for those younger across society that want to aspire and look at the Marine Corps as an opportunity.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/07/first-african-american-marine-promoted-4-star-general/ | 2022-08-07T02:15:31Z |
Commission to discuss Coffey Co. judgeship after nominee withdraws application
TOPEKA, Kan. (WIBW) - Members of the Fourth Judicial District Nominating Commission will discuss the next steps to finding a new district magistrate judge after a nominee withdrew their application.
Kansas Courts says the Fourth Judicial District Nominating Commission will meet via telephone conference at 1 p.m. on Monday, Sept. 9, to discuss the next steps towards filling a new district magistrate judge position in Coffey Co. after a nominee withdrew their application.
The Court indicated that the new magistrate judge position was among those certified by the Supreme Court after the Kansas Legislature passed and Governor Laura Kelly signed 2022 House Substitute for Substitute for Senate Bill 267 to fund them.
The Court noted that the Fourth Judicial District includes Anderson, Coffey, Franklin and Osage counties.
State law requires a nominee for a district magistrate judge to be a resident of the county at the time of taking office and while holding it, a graduate of a high school or equivalent, and either a lawyer admitted to practice in the state or able to pass an exam to become certified within 18 months.
After serving one year in office, state law also requires the new judge to stand for a retention vote in the next general election to remain in the position. If retained, the judge wills serve a 4-year term.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/18/commission-discuss-coffey-co-judgeship-after-nominee-withdraws-application/ | 2022-09-18T19:17:15Z |
JACKSON, Mich., April 22, 2022 /PRNewswire/ -- The Board of Directors of CMS Energy has declared a quarterly dividend on the company's common stock.
The dividend for the common stock (CUSIP: 125896100) is 46 cents per share. It is payable May 31, 2022 to shareholders of record on May 6, 2022.
CMS Energy (NYSE: CMS) is a Michigan-based energy company featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses.
For more information on CMS Energy, please visit our website at cmsenergy.com.
To sign up for email alert notifications, please visit the Investor Relations section of our website.
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SOURCE CMS Energy | https://www.wibw.com/prnewswire/2022/04/22/cms-energys-board-directors-declares-quarterly-dividend-common-stock/ | 2022-04-22T17:53:04Z |
- Promising efficacy seen including in patients with PD-L1 low tumors
- Favorable safety profile with minimal additive safety burden in combination
- Updated results of the ongoing study presented in oral presentation at American Association for Cancer Research (AACR) Annual Meeting
SOUTH SAN FRANCISCO, Calif., April 12, 2022 /PRNewswire/ -- Trishula Therapeutics, Inc., a clinical stage, privately held company developing TTX-030, a first-in-class investigational anti-CD39 antibody in advanced cancers, today announced preliminary results from an ongoing Phase 1 trial evaluating TTX-030 in combination with budigalimab (investigational anti-PD-1) and FOLFOX for the first-line treatment of patients with locally advanced/metastatic HER2 negative gastric or gastroesophageal junction cancer. Study results were presented in an oral presentation at the American Association for Cancer Research (AACR) Annual Meeting in New Orleans. The data presented demonstrates that TTX-030 combination treatment was generally well-tolerated and showed encouraging signs of anti-tumor activity.
"The response rates including in patients with PD-L1 low tumors seen in this preliminary analysis are very encouraging and support the potential of TTX-030 to impact the standard of care for patients with gastric and gastroesophageal cancer," said Zev Wainberg, M.D., Professor of Medicine at UCLA and co-director of the UCLA GI Oncology Program. "We look forward to the complete findings from this trial and the further advancement of this promising treatment approach."
Preliminary efficacy and safety results were presented as of an interim data cut of March 1, 2022. A total of 44 patients were enrolled. Twenty-six (26) patients were still on study treatment, and the median duration on study was 214 days (range 8-464+ days). Among 40 efficacy-evaluable patients, 21 patients (25 patients including unconfirmed) achieved best overall response of partial response or better including 4 CRs: ORR=52.5% (62,5% including unconfirmed), and disease-control rate = 92.5%. Thirty-seven (37) of the efficacy-evaluable patients had known PD-L1 Combined Positive Score (CPS); response rates in patients with CPS ≥1 were 65% (77% including unconfirmed).
Twenty-seven of 44 patients (61%) experienced at least one adverse event (AE) of any grade considered related to TTX-030 (investigator assessment), including 9 patients (20.5%) with Grade 3/4 AEs. Adverse events were overall consistent with those seen with standard-of-care (chemotherapy plus anti-PD-1).
"Our data highlighted at AACR represents the first promising clinical findings of an anti–CD39 antibody in patients with gastric cancers and supports the role of TTX-030 in reversing adenosine-mediated immunosuppression," said Anil Singhal, Chief Executive Officer. "We look forward to the continued advancement of this clinical study of TTX-030, which we believe has the potential to significantly improve the treatment paradigm for cancer patients."
AACR Oral Presentation Details:
Title: Safety and efficacy of TTX-030, an anti-CD39 antibody, in combination with chemoimmunotherapy for the 1st line treatment of locally advanced or metastatic gastric/GEJ cancer.
Abstract Number: 8213
About TTX-030 Phase 1 Trial
The ongoing Phase 1 trial is evaluating TTX-030 in different treatment combinations in patients with advanced unresectable or metastatic cancer of the stomach or gastroesophageal junction with HER2-negative disease and no prior treatment for metastatic disease or adjuvant therapy within six months of enrollment. The primary endpoint is safety and tolerability with secondary endpoints of overall response (ORR) assessed using Response Evaluation criteria in Solid Tumors (RECIST/iRECIST) and progression free survival. Patients receive treatment with mFOLOFOX, Budigaglimab and TTX-330 030 on a 28-day cycle until disease progression.
About Trishula
Trishula is a privately held company dedicated to the development of TTX-030, a first-in-class, anti-CD39 antibody, in collaboration with AbbVie. TTX-030 inhibits the activity of CD39, an enzyme that converts ATP to AMP, the initial steps in the generation of adenosine in the tumor microenvironment. TTX-030 prevents the formation of immune suppressive extracellular adenosine and maintains high levels of immune activating extracellular ATP, stimulating dendritic and myeloid-derived cells necessary for both innate and adaptive immunity. Currently, TTX-030 is being studied in phase 1/1b clinical trials in combination with budigalimab, an anti-PD-1 agent, currently being developed by AbbVie, and/or standard chemotherapy in adults with advanced cancers (NCT03884556 and NCT04306900). For more information, please visit www.trishulatx.com.
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SOURCE Trishula Therapeutics | https://www.mysuncoast.com/prnewswire/2022/04/12/trishula-therapeutics-announces-promising-early-phase-1b-data-ttx-030-an-anti-cd39-antibody-combination-with-chemoimmunotherapy-first-line-treatment-locally-advanced-or-metastatic-gastric-cancergej-cancer/ | 2022-04-12T16:27:02Z |
LOS ANGELES, Aug. 26, 2022 /PRNewswire/ --
AN OPEN LETTER TO:
Honorable Anthony Rendon, Speaker
California State Assembly
State Capitol, Room 219
Sacrament, CA 95814
Dear Honorable Speaker Rendon,
Recently, Senate Bill 930, which would extend alcohol sales to 4:00 a.m. in West Hollywood, Palm Springs, and San Francisco, died in an Assembly Floor vote. It needs to be a dead issue once and for all.
This is the fourth attempt by Senator Wiener claiming that the measure is needed to get struggling businesses back on their feet and help unify the LGBTQ communities in West Hollywood, Palm Springs, and San Francisco—which is far from the truth.
The only beneficiaries from this legislation are bar owners and alcohol companies. Most of the support for the 4:00 a.m. alcohol sales extension in West Hollywood comes from outsiders who do not reflect the community that this legislation would impact. This bill is an afront to LGBTQ communities of color which suffer from harm due to overuse of alcohol and other substance uses.
Some of the biggest challenges that our underserved communities face are poor mental health, high HIV and STDs infection rates, and now Monkeypox—not to mention the potential for increases of DUIs and domestic violence. This bill would create even more damage to our already marginalized communities.
As trusted leaders representing LGBTQ communities of color, we urge you to once and for all end this bill of destruction of the health and welfare of our communities.
In solidarity,
Richard Zaldivar
The Wall Las Memorias
Jury Candelario
Access To Prevention Advocacy Intervention & Treatment
Rev. Russell Thornhill
Minority AIDS Project
Media Contact: Richard Zaldivar 323 712-0180
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SOURCE The Wall Las Memorias, Access To Prevention Advocacy Intervention & Treatment, & Minority AIDS Project | https://www.kxii.com/prnewswire/2022/08/27/stop-senate-bill-930-message-wall-las-memorias-twlm-access-prevention-advocacy-intervention-amp-treatment-apait-amp-minority-aids-project-map/ | 2022-08-27T03:00:52Z |
VANCOUVER, BC, Aug. 11, 2022 /PRNewswire/ - Avcorp Industries Inc. (TSX: AVP) (the "Company", "Avcorp" or the "Avcorp Group") today announced its financial results for the quarter ended June 30, 2022. All amounts are in Canadian currency unless otherwise stated.
2022 Second Quarter Highlights
- Second quarter 2022 revenue was $29,257,000 compared to $24,385,000 in 2021. 2022 revenue increased by $4,872,000 in comparison to 2021, mainly attributed to the continued growth in the F35 program and recovery of Boeing customer revenues in the Delta Facility.
- Second quarter 2022 net loss was $5,569,000 compared to net loss of $1,212,000 in 2021. The net income in 2021 was supported by the government loan forgiven of $2,195,000 and Canada Emergency Wage Subsidies ("CEWS") of $1,548,000 recognized as other income and a modification gain on bank indebtedness of $1,155,000.
- Second quarter 2022 cash outflows from operating activities were $1,316,000 compared to inflows of $704,000 in 2021. The second quarter of 2021 cash flows from operating activities were supported by the receipt of CEWS of $2,078,000 and the receipt of Canada Emergency Rent Subsidies ("CERS") of $305,000.
- On April 1, 2022, the Company signed a contract with BLR Aerospace to produce King Air 200 Wingtips and shipped the first delivery on June 20, 2022.
- On April 12, 2022, the Company signed a contract extension to 2027 with Boeing to provide the detail parts, bench top assemblies and metal bonded assemblies for the Boeing 737 and 777 aircrafts.
- On May 4, 2022, the Company entered into a definitive arrangement agreement (the "Original Agreement") with Latécoère S.A. ("Latécoère") pursuant to which Latécoère agreed to acquire all of the issued and outstanding common shares of Avcorp (each, an "Avcorp Share") for cash consideration of $0.11 per Avcorp Share, by way of a court-approved plan of arrangement under the Canada Business Corporations Act (the "Arrangement"). Pursuant to the Arrangement, the options (the "Avcorp Options") exercisable to acquire Avcorp Shares outstanding immediately prior to the effective time of the Arrangement will automatically vest and be cancelled in exchange for a cash payment from the Company equal to the amount (if any) by which $0.11 exceeds the exercise price of such Avcorp Option. Together with the repayment or assumption of Avcorp's net debt and other lease liabilities, the Arrangement implies a total transaction value of approximately $139 million for the Company.
- On June 24, 2022, Latécoère assigned, transferred and conveyed to Albatross Bidco Inc., a wholly-owned subsidiary of Latécoère, (the "Purchaser") its rights, title and interest in and to, and all benefits of Latécoère under, the Arrangement Agreement, and delegated to the Purchaser all of its obligations and liabilities under the Original Agreement (the "Assignment and Delegation"). In accordance with the Original Agreement, under the Assignment and Delegation, Latécoère remains jointly and severally liable with the Purchaser under the Original Agreement. On the same date, Avcorp and the Purchaser entered into an amending agreement to the Original Agreement (the Original Agreement as amended, the "Arrangement Agreement") to reflect the Assignment and Delegation.
- On June 30, 2022, Avcorp held its annual general and special meeting (the "Meeting") of holders of commons shares ("Shareholders") and options ("Optionholders", and together with the Shareholders, the "Securityholders"). At the Meeting, the Securityholders overwhelmingly voted in favour of the special resolution (the "Arrangement Resolution") to approve the Arrangement with the Purchaser
Highlights Subsequent to Quarter-End
- On July 1, 2022, the Company received approval for forgiveness on the second wave Small Business Administration Paycheck Protection Program Loan full loan amount of USD $2,000,000 and all related interests.
- On July 5, 2022, Avcorp obtained a final order of the British Columbia Supreme Court approving the Arrangement.
- On July 14, 2022, the Company accepted an offer for an interest-free repayable financial contribution up to $4,862,000 from the Government of Canada under the Aerospace Regional Recovery Initiative administered by the Pacific Economic Development of Canada. Avcorp will receive a reimbursement of costs for projects that adopt digital technologies to create efficiencies and enhance productivity. The financial contribution will be repaid over 60 monthly payments starting March 31, 2025 for funding received.
Review of 2022 Second Quarter Financial Results
For the quarter ended June 30, 2022, the Avcorp Group recorded loss from operations of $3,786,000 (June 30, 2021: $1,978,000). Operating loss in the second quarter of 2022 increased in comparison to 2021 by $1,808,000 mainly due to higher administrative and general expenses as a result of transaction related costs and an impairment of assets write-off of $583,000 incurred during the current quarter. The lower loss in 2021 was also supported by the government loan forgiven of $2,195,000 and CEWS of $1,548,000 recognized as other income in the second quarter of 2021. The higher loss in current quarter was partially offset by the higher gross profit of $2,843,000 compared to a gross loss of $706,000 in 2021.
Cash flows from operating activities, before consideration of changes in non-cash working capital, utilized $2,072,000 during the quarter ended June 30, 2022 as compared to utilizing $780,000 cash during the quarter ended June 30, 2021.
The Company ended the quarter with bank operating line utilization of $77,537,000 (USD $60,171,000) offset by $2,013,000 cash compared to utilization of $75,335,000 (USD $59,421,000) with $4,060,000 cash on hand as of December 31, 2021. The bank indebtedness balance of the modification gain and related adjustments as a result of executing the amending agreement in 2021 was $615,000 as at June 30, 2022 (December 31, 2021, gain of $923,000).
About Avcorp
The Avcorp Group designs and builds major airframe structures for some of the world's leading aircraft companies, including BAE Systems, Boeing, Bombardier, Lockheed Martin, and Subaru Corporation. The Avcorp Group has more than 65 years of experience, over 500 skilled employees and 560,000 square feet of facilities. Avcorp Structures & Integration located in Delta British Columbia, Canada is dedicated to metallic and composite aerostructures assembly and integration; Avcorp Engineered Composites located in Burlington Ontario, Canada is dedicated to design and manufacture of composite aerostructures, and Avcorp Composite Fabrication located in Gardena California, USA has advanced composite aerostructures fabrication capabilities for composite aerostructures. The Avcorp Group offers integrated composite and metallic aircraft structures to aircraft manufacturers, a distinct advantage in the pursuit of contracts for new aircraft designs, which require lower-cost, light‑weight, strong, reliable structures. Comtek Advanced Structures Ltd., at our Burlington, Ontario, Canada location also provides aircraft operators with aircraft structural component repair services for commercial aircraft.
Avcorp Composite Fabrication Inc. is wholly owned by Avcorp US Holdings Inc. Both companies are incorporated in the State of Delaware, USA, and are wholly owned subsidiaries of Avcorp Industries Inc.
Comtek Advanced Structures Ltd., incorporated in the Province of Ontario, Canada, is a wholly owned subsidiary of Avcorp Industries Inc.
Avcorp Industries Inc. is a federally incorporated reporting company in Canada and traded on the Toronto Stock Exchange (TSX:AVP).
AMANDEEP KALER
CHIEF EXECUTIVE OFFICER
AVCORP GROUP
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(unaudited, expressed in thousands of Canadian dollars)
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF (LOSS) INCOME AND COMPREHENSIVE (LOSS) INCOME
(unaudited, expressed in thousands of Canadian dollars, except number of shares and per share amounts)
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited, expressed in thousands of Canadian dollars)
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY
(unaudited, expressed in thousands of Canadian dollars, except number of shares)
Forward-Looking Statements Disclaimer
This press release includes forward-looking statements, which may involve, but are not limited to: statements with respect to our business objectives, prospects, and guidance in respect of various financial and industry metrics, including, goals, strategies, capabilities, market position, competitive strengths, prospects, plans, expectations, anticipations, estimates and intentions; business and economic, industry trends; customer demand for products; order backlog mix; the regulatory environment and legal proceedings; strength of our balance sheet, creditworthiness, capital resources, anticipated financial requirements, productivity enhancements, operational efficiencies, cost reduction and the intended benefits and timing thereof; availability of government assistance programs, compliance with debt covenants; and the impact of the COVID-19 pandemic on the foregoing; expectations regarding gradual market and economic recovery in the aftermath of the COVID-19 pandemic.
Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "shall", "can", "expect", "estimate", "intend", "anticipate", "plan", "forecast", "foresee", "believe", "continue", "maintain" or "align", the negative of these terms, variations of them or similar terminology.
Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of our current objectives, strategic priorities, expectations, outlook, and plans, and to obtain an understanding of our business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
Forward-looking statements require management and the Board to make assumptions and are subject to and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecast results set forth in forward-looking statements and in this press release. While management and the Board consider these assumptions to be reasonable and appropriate based on information currently available, there is risk that they may not be accurate. The assumptions underlying the forward-looking statements made in this press release in relation to the five-year forecast include the following material assumptions: the award and fulfilment of customer contracts that the Company does not currently have in its backlog, the continuation of existing customer programs and anticipated labour costs associated with our operations for the periods covered in the forecast. Additional information, including with respect to other assumptions and risk factors underlying the forward-looking statements made in this press release, refer to the risk factors in both our MD&A, Annual Report and our Annual Information Form for the fiscal year ended December 31, 2021, and our MD&A and unaudited condensed interim financial statements for the quarter ended June 30, 2022. Given the impact of the changing circumstances surrounding the COVID-19 pandemic, there is inherently more uncertainty associated with the Corporation's assumptions as compared to prior years.
Certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, risks associated with overall global and domestic economic conditions, risks associated with our business environment (such as risks associated with the financial condition of our customers; increased competition from international and domestic suppliers; force majeure events), operational risks such as the award of new business; order backlog; the execution of customer orders; cash flows and capital expenditures based on cyclicality; productivity enhancements, operational efficiencies, cost reduction initiatives; product warranty; regulatory and legal proceedings; environmental, health and safety risks; dependence on certain customers, contracts and suppliers; supply chain risks; human resources; reliance on information systems; reliance on and protection of intellectual property rights; adequacy of insurance coverage), financing risks (such as risks related to liquidity and access to capital markets; substantial debt and interest payment requirements; debt covenants), market risks (such as foreign currency fluctuations; changing interest rates; increases in commodity prices; and inflation rate fluctuations). For more details, see the Risks outlined in our MD&A. The foregoing factors may be exacerbated by the ongoing COVID-19 outbreak and may have a significantly more severe impact on the Corporation's business, results of operations and financial condition than in the absence of such outbreak. As a result of the current COVID-19 pandemic, additional factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to: risks related to the impact and effects of the COVID-19 pandemic on economic conditions and financial markets and the resulting impact on our business, operations, capital resources, liquidity, financial condition, margins, prospects and results; uncertainty regarding the magnitude and length of economic disruption as a result of the COVID-19 outbreak and the resulting effects on the demand for our products and services; emergency measures and restrictions imposed by public health authorities or governments, fiscal and monetary policy responses by governments and financial institutions; disruptions to global supply chain, customers, workforce, counterparties and third-party service providers; further disruptions to operations, orders and deliveries; technology, privacy, cyber security and reputational risks; and other unforeseen adverse events.
The forward-looking statements present certain non-IFRS financial measures to assist readers in understanding the Company's forecasted performance. Non-IFRS financial measures are measures that either exclude or include amounts that are not excluded or included in the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles ("GAAP").
The foregoing list of factors that may affect future results and performance is not exhaustive and undue reliance should not be placed on forward-looking statements. The forward-looking statements set forth herein reflect management's expectations as at the date of this press release and are subject to change after such date. Unless otherwise required by applicable securities laws, we expressly disclaim any intention, and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
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SOURCE Avcorp Industries Inc. | https://www.kxii.com/prnewswire/2022/08/12/avcorp-announces-2022-second-quarter-financial-results/ | 2022-08-12T01:53:37Z |
HepsiJet's new innovation, which shortens delivery times, has been registered by TURKPATENT.
ISTANBUL, Aug. 15, 2022 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform, continues to deliver innovation to make the lives of its customers easier. The latest creative solution to raise the bar in e-commerce experience in Türkiye is HepsiJet's new "Multi-Vehicle Route Optimization" technology. Hepsiburada's fast delivery service, HepsiJet, delivers orders from all categories across Türkiye with flexible delivery options and now accelerates its speed with this innovative new feature.
HepsiJet continues innovation with its new 'Multi-Vehicle Route Optimization'
The invention, "Multi-Vehicle Route Optimization" developed by HepsiJet engineering team, eliminates the problems faced in cargo routing to a large extent. This solution allows users to access the delivery management system with mobile or website applications to have orders delivered within a time interval determined by the buyer, supported by an optimization module. If there is more than one type of delivery vehicle at the point of receiving the order, the shipments are grouped according to the priority order and the vehicle types in line with the limits of the destinations. This innovative system has recently been registered by TURKPATENT.
Provides speed and efficiency in deliveries
This innovation creates a model according to the priority of the shipments and distance matrix between the delivery and receiving points of the orders. The system also allows adding special time parameters to the route time in exceptional cases, allowing manual intervention when necessary, and viewing the created route plan via mobile and web applications. HepsiJet's "Multi-Vehicle Route Optimization", with its innovative processes and solutions, provides high efficiency in delivery processes of cargo orders by taking into account possible problems and critical constraints.
The innovation was inspired by 'ant colonies'
In this innovation, HepsiJet engineering team was inspired by the natural miracle and instinct of ant colonies carrying food to their nests. In this system, the location of the distribution center and the vehicle information are included in the planning in addition to the shipment information. All shipping information for the delivery point is then analyzed and the vehicle information, order information and delivery address set are used as constraints on route planning. An innovative multi-vehicle distribution scenario is achieved by calculating the delivery costs of each possible route and making a single route to all locations in the set of delivery addresses. With the addition of the total delivery volume to this plan, the entire delivery process is handled end-to-end in the most efficient way, with the optimal number of vehicles used from the available vehicles.
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SOURCE Hepsiburada | https://www.kxii.com/prnewswire/2022/08/15/hepsiburadas-last-mile-delivery-service-hepsijet-announces-brand-new-patent-accelerate-speed-delivery/ | 2022-08-15T13:46:56Z |
MILWAUKEE, Sept. 8, 2022 /PRNewswire/ -- For the first time, Briggs & Stratton will be at The Battery Show North America, where show attendees will have the opportunity to see the current lineup of Vanguard® innovative power solutions. Highlights at the Vanguard booth (#1348) include the groundbreaking 1.5kWh* Swappable Battery Pack technology as well as the full lineup of Vanguard Commercial Lithium-Ion Battery Packs, including the latest launch: the 7kWh Diecast Commercial Battery.
"There is no one-size-fits-all solution when it comes to battery power. With this in mind, Vanguard has developed a comprehensive lineup of Lithium-Ion battery packs and our new Swappable Battery Pack technology to solidify Vanguard as the premier partner for OEM customers who are exploring and embracing battery power," said Chris Davison, senior marketing manager — Electrification at Briggs & Stratton. "We are looking forward to exhibiting at The Battery Show for the first time where we'll be able to showcase our latest product innovations and connect with other industry leaders."
Visitors of the show can see the Vanguard Lithium-Ion 1.5kWh* Swappable Battery Pack, which is engineered to provide users with an efficient, versatile and reliable battery power option. The battery features an exchangeable design, allowing customers to easily remove and replace the battery as needed. Like other Vanguard battery solutions, the Swappable Battery Pack can be used in tandem with other Vanguard packs to meet larger power needs.
Those attending The Battery Show will also be able to view the current Vanguard Lithium-Ion battery pack lineup, including the 3.8kWh*, 5kWh*, 7kWh* and 10kWh* models. Nick Moore, director of product management — Electrification at Briggs & Stratton, will present the Vanguard 10kWh* Commercial Battery as part of the New Product Showcase at The Battery Show. The 15-minute presentation will take place in the Vanguard booth on Wednesday, September 14, at 1 p.m.
*Total energy measured using a 0.2C discharge per IEC 61960-3:2017
The Vanguard 5kWh Commercial Battery Pack will also be part of a special demonstration in the Nott Company booth (#1249) where it will be powering an arcade-style claw machine. Nott Company is the leading source for engineering, electrification, integration and component needs. The claw machine will serve as an example of how Nott's expert engineers can integrate solutions like Vanguard battery packs to meet customers' electrification needs whether they are in the industrial, fluid power, or engineered materials markets. Attendees who visit the booth will have a chance to win a prize using the electric claw machine.
"As both industry and customer demands continue to grow and change, Vanguard is leading the way in developing diversified battery power solutions that leverage the world's best technologies to support a range of off-highway applications," said Davison.
For more information about all products and solutions from Vanguard, visit vanguardpower.com.
About Briggs & Stratton
Briggs & Stratton, headquartered in Milwaukee, Wisconsin, provides innovative products and diverse power solutions to help people get work done. Briggs & Stratton is the world's largest producer of engines for outdoor power equipment, and is a leading designer, manufacturer and marketer of lithium-ion battery, standby generator, energy storage system, lawn and garden, turf care and job site products through its Briggs & Stratton®, Vanguard®, Ferris®, Simplicity®, Snapper®, Billy Goat®, Allmand®, SimpliPhi®, Branco® and Victa® brands. Briggs & Stratton products are designed, manufactured, marketed and serviced in more than 100 countries on six continents.
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SOURCE Briggs & Stratton | https://www.mysuncoast.com/prnewswire/2022/09/08/briggs-amp-stratton-showcases-swappable-battery-technology-expanded-power-range-battery-show-north-america/ | 2022-09-08T16:48:24Z |
ARLINGTON, Va., June 22, 2022 /PRNewswire/ -- The National Security Space Association (NSSA) today released a report entitled "United States Space Command: Progress and Opportunities". Produced by the Association's Moorman Center for Space Studies, the report notes the importance of the USSPACECOM mission to U.S. national security and economic well-being, describes recent progress of the Command in reaching an "initial operational capability" (IOC), and highlights key challenges and opportunities facing the Command.
The report notes that, for the Command to reach its full potential, expanded cooperation with and support from other Department of Defense organizations and the Congress is required in the following areas:
- Development of national and Department of Defense policy and strategy to assist the Command in its ability to plan and operate in the space domain, including in the areas of offensive and defensive space control and appropriate classification of national security space systems and associated security governance and management
- Expanded support from the U.S. Space Force for Space Domain Awareness and tighter linkage between the Space Warfighting Analysis Center and the Command
- Increased collaboration between USSPACECOM and the National Reconnaissance Office, and clear delineation of the roles and responsibilities of various Defense and National Intelligence enterprises in support of USSPACECOM
- The need for additional resources devoted to ensuring the cyber hardening and resilience of USSPACECOM networks and national security space systems
- Bolstering cross-domain and cross-Command integration, including in the area of space-related requirements and integrated reviews of Combatant Command war plans
- Continued focus on inculcating a space warfighting culture throughout the Command
- The critical need for additional manpower and financial resources to build out the Command
- The value of expanded training, exercises, and experimentation
- Rendering a final decision on where the Command's headquarter will be based
Upon release of the report, Chair of the Moorman Center for Space Studies Chris Williams stated "U.S. Space Command is the nation's preeminent space warfighting organization. As such, it must be supported and resourced to enable it to reach its full potential. This report serves as a guide for accelerating the Command's continuing maturation and expanding the level of support it receives from other DoD organizations and the Congress. Given rapidly advancing foreign space and counterspace threats, the brave men and women of USSPACECOM simply must succeed in their mission of defending our vital interests in space."
A link to the report can be found here.
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SOURCE National Security Space Association | https://www.wibw.com/prnewswire/2022/06/22/national-security-space-association-releases-report-united-states-space-command-progress-opportunities/ | 2022-06-22T14:20:43Z |
TAIPEI, July 28, 2022 /PRNewswire/ -- Taiwan-based biomedical company Taiwan RedEye Biomedical Inc. is revolutionizing the health and safety industry by combining advanced ICT and medical expertise and providing state-of-the-art optical detection technology embedded in innovative products to give customers a safe, fast, and efficient way to assess everyday items. The company recently unveiled their technology at VivaTech 2022 in Paris, France to other startups and leaders to demonstrate the company's latest innovation.
Innovative products
RedEye has sights on critical industries such as Smart health, food safety, and environment protection, as well as consumables and other optical devices.
In the health sector, RedEye is leading the way in innovative technology with products such as its visible spectrophotometer called RedEye 1 Plus, a detection device rated for clinical use and utilized for health management at home. It can detect substances that absorb signals from 500-600 nm in the light spectrum, which can detect symptoms of diseases in their early stages.
RedEye also has other consumer-centric products, such as the PetEye 1, an optical device that can help detect the traces of urinary system infections and diseases in cats by detecting blood in cat litter and pet diaper pads.
Other ingenious products include a Pollutants analyzer, PestiEye, which is a quick check device of washing water on vegetable and fruit, a portable photometer, an optical diode array, and optical measuring filter paper. All these products are manufactured in Taiwan and designed to protect people's health and the environment.
Revolutionary optical technology
All these products are enabled by RedEye's optical technology, which has patents in China, the United States, and other countries. Aside from its existing product design, RedEye can also work with companies to create specialized detection products to suit their needs, either through licensing its technology or through the original equipment manufacturing (OEM) method.
For its innovative technology and unique approach, RedEye has already garnered multiple recognition, even though it was founded in 2017 in Hsinchu. It already won the 16th National Innovation Award in 2019
As of now, RedEye is continuing to expand its 16-member team, focusing on research and development as well as partnerships with other companies worldwide. While primarily operating in Taiwan, Japan, and the Asia-Pacific region, RedEye is available for partnerships and engagements in other parts of the world. If you're interested in RedEye's optical technology and hi-tech products, you can visit its website at www.redeyebmi.com
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SOURCE Redeye | https://www.wibw.com/prnewswire/2022/07/29/taiwan-tech-arena-startup-redeye-protects-people-environment-with-revolutionary-optical-detection-technology/ | 2022-07-29T02:47:00Z |
GREENFIELD, Wis., May 11, 2022 /PRNewswire/ -- 1895 Bancorp of Wisconsin, Inc., (NASDAQ: BCOW) (the "Company"), the holding company for PyraMax Bank, today announced unaudited financial results for the quarter ended March 31, 2022.
Financial Summary
Net Income. The Company recorded a net loss of $55,000 for the three months ended March 31, 2022, a decrease of $576,000 from net income of $521,000 recorded for the three months ended March 31, 2021. This decrease was primarily due to a $1.2 million decrease in non-interest income, which was partially offset by a $279,000 increase in net interest income after provision for loan losses, a $221,000 decrease in income tax expense and a $143,000 decrease in non-interest expense.
Net Interest Income. Net interest income increased $384,000, or 12.2%, to $3.5 million for the three months ended March 31, 2022, from $3.2 million for the three months ended March 31, 2021. This increase was due to a $269,000 increase in interest income and a $115,000 decrease in interest expense. Our net interest rate spread increased 18 basis points to 2.71% for the three months ended March 31, 2022, from 2.53% for the three months ended March 31, 2021. Our net interest margin also increased 18 basis points to 2.85% from 2.67% over the same period.
Interest and Dividend Income. Interest and dividend income increased $269,000, or 7.4%, to $3.9 million for the three months ended March 31, 2022, from $3.6 million for the three months ended March 31, 2021. The increase was due primarily to an increase in interest earned on taxable securities, which increased $281,000, or 105.2% from $267,000 in the first quarter of 2021 to $548,000 in the first quarter of 2022. This increase was primarily due to the Company's strategy to deploy excess liquidity into securities, which resulted in the average outstanding balance of securities increasing $73.7 million, or 122.2%, from $60.3 million for the first quarter of 2021 to $134.0 million for the first quarter of 2022.
Interest Expense. Interest expense decreased $115,000, or 25.2%, to $341,000 for the three months ended March 31, 2022, from $456,000 for the three months ended March 31, 2021. This decrease was primarily due to a decline in the cost of our interest-bearing deposits, which decreased 13 basis points from 0.37% for the first quarter of 2021 to 0.24% for the first quarter of 2022. This decline was primarily due to the continued low interest rate environment.
Provision for Loan Losses. Provision for loan losses for the three months ended March 31, 2022 was $105,000 compared to zero for the three months ended March 31, 2021.
Non-interest Income. Non-interest income decreased $1.2 million, or 75.7%, to $391,000 for the three months ended March 31, 2022, from $1.6 million for the three months ended March 31, 2021. The decrease was primarily the result of a $489,000 decrease in net gain on sale of loans, a $397,000 decrease in loan servicing fees and a $341,000 decline in the market value of marketable equity securities. The decrease in the net gain on sale of loans was primarily due to the decrease in the sale of mortgage loans held for sale, which decreased $33.6 million, from $40.4 million in the first quarter of 2021 to $6.8 million in the first quarter of 2022. The reduction in loan servicing fees was primarily the result of a $369,000 decrease in the valuation allowance for our mortgage servicing rights during the first quarter of 2021. The decrease in the market value of marketable equity securities was due to a decrease in the market value of mutual funds held in our deferred compensation plan.
Non-interest Expense. Non-interest expense decreased $143,000, or 3.5%, to $3.9 million for the three months ended March 31, 2022 from $4.1 million for the three months ended March 31, 2021. This decrease was primarily due to a $170,000 decrease in salaries and employee benefits. The decrease in salaries and benefits was due primarily to a $341,000 decrease in the market value of mutual funds held in our deferred compensation plan, offset by $197,000 increase in the accrual for discretionary bonus expense.
Total Assets. Total assets increased $6.7 million, or 1.2%, to $546.3 million at March 31, 2022 from $539.6 million at December 31, 2021. This increase was primarily due to a $20.3 million increase in available-for-sale securities and a $3.0 million increase in other assets, offset by a $16.2 million decrease in cash and cash equivalents.
Cash and Cash Equivalents. Cash and cash equivalents decreased $16.2 million, or 24.3%, to $50.6 million at March 31, 2022 from $66.8 million at December 31, 2021. This decrease was primarily due to the purchase of $31.2 million in available-for-sale securities, $7.0 million in principal payments on FHLB advances and $6.5 million in originations of mortgage loans held for sale, partially offset by $10.0 million from the issuance of an FHLB advance, $6.8 million from the sale of mortgage loans held for sale, a $6.5 increase in deposits and $3.7 million from maturities, prepayments and calls of available-for-sale securities.
Available-for-Sale Securities. Available for sale securities increased $20.3 million, or 18.0%, to $132.7 million at March 31, 2022, from $112.4 million at December 31, 2021. The increase was primarily due to purchases of securities totaling $31.2 million during the three months ended March 31, 2022, partially offset by maturities, prepayments and calls of securities totaling $3.7 million and a reduction in the unrealized gain held within the portfolio of $7.1 million. The purchases consisted primarily of government-sponsored mortgage-backed securities, which increased $12.4 million and U.S. Treasury notes, which increased $8.5 million.
Net Loans. Net loans decreased $103,000, to $323.7 million at March 31, 2022, from $323.8 million at December 31, 2021.
Deposits. Deposits increased $6.5 million, or 1.7%, to $391.0 million at March 31, 2022, from $384.5 million at December 31, 2021.
Borrowings. Borrowings, consisting entirely of FHLB advances, increased $3.0 million, or 5.4%, to $58.4 million at March 31, 2022, from $55.4 million at December 31, 2021. The increase was due to an advance of $10.0 million borrowed during the quarter ended March 31, 2022, offset by maturities and principal repayments on existing advances of $7.0 million.
Total Stockholders' Equity. Total stockholders' equity decreased $5.7 million to $85.2 million at March 31, 2022, from $90.9 million at December 31, 2021. The decrease was primarily due to a $7.1 million increase in the gross unrealized losses on available-for-sale securities, which net of taxes, resulted in a $5.2 million decrease in stockholders' equity.
About 1895 Bancorp of Wisconsin, Inc.
1895 Bancorp of Wisconsin, Inc. is the savings and loan holding company for PyraMax Bank. The Company's stock trades on the NASDAQ Capital Market under the symbol "BCOW". PyraMax Bank was established in 1895 as South Milwaukee Savings and Loan Association and has operated in the Milwaukee, Wisconsin market since that time. PyraMax Bank is a full-service stock savings bank with its corporate office in Greenfield, Wisconsin, servicing customers in Milwaukee, Waukesha and Ozaukee counties through our six banking offices.
Forward-Looking Statements
This release may contain certain "forward-looking statements" that represent 1895 Bancorp of Wisconsin, Inc.'s current expectations or beliefs concerning future events. Forward-looking statements can be identified by the use of words such as "estimate," "project," "believe," "intend," "anticipate," "assume," "plan," "seek," "expect," "will," "may," "should," "indicate," "would," "believe," "contemplate," "continue," "target" and words of similar meaning. Forward-looking statements are subject to numerous risks and uncertainties, as described in the "Risk Factors" disclosures included in our Registration Statement on Form S-1, initially filed with the U.S. Securities and Exchange Commission (the "SEC") on March 3, 2021, as supplemented in our subsequent Quarterly Reports on Form 10-Q and other reports that we file with the SEC. Our SEC filings are available free of charge at www.sec.gov. Because of the risks and uncertainties inherent in forward-looking statements, readers are cautioned not to place undue reliance on them, whether included in this news release or made elsewhere from time to time by 1895 Bancorp of Wisconsin, Inc. or on its behalf. 1895 Bancorp of Wisconsin, Inc. disclaims any obligation to update such forward-looking statements.
Contact: Richard B. Hurd
Telephone: (414) 235-5207
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SOURCE PyraMax Bank / 1895 Bancorp of Wisconsin, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/11/1895-bancorp-wisconsin-inc-greenfield-wisconsin-announces-financial-results-quarter-ended-march-31-2022/ | 2022-05-11T23:04:23Z |
KNOXVILLE, Tenn., May 23, 2022 /PRNewswire/ -- In a Financial Times ranking released today, the University of Tennessee, Knoxville's Haslam College of Business climbed from No. 20 to No. 18 in custom executive education among all schools in the U.S. and around the globe.
Bruce Behn, associate dean for graduate and executive education, credited the ranking to the personalized, high-quality experience professionals receive in Haslam's graduate and executive education programs.
"Time is a valuable commodity for working professionals, and we work to provide an executive education experience that accommodates compressed time availability and yields an impact for the sponsoring organizations," Behn said. "Our custom executive education programs provide opportunities for participants to experience Haslam's program offerings from locations across the world. We are honored to be recognized by the Financial Times for this work."
In addition to ranking No. 18 internationally, Haslam's ranking among all U.S. schools (public and private) rose from No. 6 to No. 5. Among U.S. public institutions, the college remained at No. 3. Haslam scored highly in several subcategory rankings, especially in Participant Follow Up, which is defined as "the extent and effectiveness of follow-up offered after the course participants returned to their workplaces." In this area, Haslam ranked No. 9 worldwide and No. 1 among U.S. public institutions. Overall, Haslam was one of only seven U.S. institutions to make the Financial Times' list.
This marks the seventh year that Haslam's custom executive education programs have been ranked by the Financial Times in the top five among U.S. public institutions and the fifth year that its programs have been ranked in the top 20 worldwide.
The Financial Times ranks the world's top 70 business schools providing custom executive education and bases its rankings on both individual surveys completed by the schools' clients and institutional data.
In addition to customized executive education programs, Haslam offers open enrollment short courses, MBA programs for working professionals, a full-time MBA and several specialty masters' programs. For more information about Haslam's graduate and executive education programs, please visit its graduate and executive education webpage.
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SOURCE University of Tennessee, Knoxville's Haslam College of Business | https://www.mysuncoast.com/prnewswire/2022/05/23/financial-times-ranks-haslam-no-18-world-custom-executive-education/ | 2022-05-23T15:28:17Z |
BELTON — Wildcats and their supporters will fill the Bell County Expo Center on Saturday for the Temple High School graduation.
The class of 2022 will hold its commencement ceremony at 10 a.m. at the facility, 301 W. Loop 121 in Belton.
“We are so pleased to graduate so many accomplished seniors,” Temple Independent School District Superintendent Bobby Ott said. “These students have endured a very challenging time in our history and walked through the other side with unmatched accomplishments. They are well equipped to step into their futures and we are blessed to celebrate them one last time.”
Diplomas will be handed to 598 THS graduates, Ott said.
The Belton Police Department is advising motorists to consider alternate routes or be prepared for traffic delays in the area as several graduation ceremonies are planned through Saturday.
On Saturday, the Ellison High School graduation will be at 2 p.m. and the Harker Heights High School graduation is set for 7 p.m.
Traffic on Interstate 35 from the Belton city limits through Loop 121 southbound exit is expected to be heavily congested, the police department said. | https://www.tdtnews.com/news/central_texas_news/article_cd261ad0-dd4b-11ec-9eb1-2f916305a039.html | 2022-05-27T01:44:41Z |
Which styling gel is best?
Whether you want to start styling your hair or you’re looking for a way to make your hair more manageable, styling gel can help you. Some gels use natural ingredients that add extra nourishment to your hair. Others, such as the American Crew Firm-Hold Styling Gel, use powerful polymers that help maintain your preferred style all day long.
What to know before you buy styling gel
Hold and malleability
Styling gel comes with three main levels of hold, each referring to how well it can hold your hair in your chosen style. They are:
- Light: Sometimes labeled as “flexible hold” or “level one hold,” this is best for those who want to make minor changes to their hairstyle. It can increase thickness and enhance your hair’s natural shine.
- Medium: Often referred to as “level two hold,” this can boost your hair’s volume and make it look shinier and healthier.
- Strong: Also called “level three hold,” this type of gel is stiff and can keep your locks in place for multiple hours. This makes it perfect for anyone who needs their hair to look perfect throughout the day or for specific events. Strong gel can also minimize frizz, though it is difficult to wash out of your hair.
Gels with a higher level of hold are less malleable than those with a lower level. The more malleable the gel, the easier it is to change your hairstyle after application. Not all gels list how malleable the gel is, though, so you might need to test out a few until you find the one that works best.
Hair type
Before choosing a styling gel, consider your hair’s texture and type.
- Fine or thin hair: Go with a light hold that won’t weigh your locks down.
- Thick, wavy or curly hair: A medium or strong hold can keep unruly hair in place.
- Coily hair: A stronger gel adds enough density and weight to help you maintain your style.
- Sensitive skin, dry scalp or oily hair: Choose a hypoallergenic gel that won’t damage your scalp or dry out your hair. Also, wash your hair with the right shampoo and conditioner to keep your hair and skin healthy.
Shine and matte
There are two main types of styling gel:
- Shine: This type was more prominent in the early 2000s, but it’s making a comeback. It catches the light to give hair a textured, well-defined look.
- Matte: This type also emphasizes texture, but in a subtler way that gives hair a dry, laid-back look.
What to look for in a quality styling gel
Ingredients
Polymers are one of the most common ingredients found in hair gel, as their main purpose is to keep your hair styled. These can be either natural or synthetic.
- Natural polymers include silk proteins or starches
- Synthetic polymers include copolymers and silicone
There are also natural ingredients that fortify your hair without damaging it or drying it out. These include:
- Plant and shea butter
- Tea tree, coconut oil and other natural oils
- Keratin
- Wheat protein
Consistency
Modern styling gels range from an almost liquid consistency to a thicker balm-like texture. The consistency of the one you choose makes a difference in how easy it is to apply or remove it from your hair. It also affects the gel’s overall malleability throughout the day.
Size
Most gels come in tubes, small containers or jars. They’re usually between 16 and 64 ounces in size. There are also travel sizes, which are convenient for those who want to style their hair on the go.
Fragrance
Although there are some fragrance-free hair gels, most have at least a faint scent, especially when you first apply them to your hair. Common scents include:
- Musk
- Coconut
- Tropical
- Botanical or floral
- Citrus
Consider the fragrance’s potency before choosing a gel, as well as how long it lasts after application.
How much you can expect to spend on a styling gel
Most gels cost $5-$20, based on the ingredients and size of the container. If you’re looking for a professional styling gel, expect to spend upward of $40.
Styling gel FAQ
What’s the best way to apply gel to my hair?
A. This can differ from brand to brand. In most cases, you need to wash your hair first with your standard shampoo and conditioner. Then, dry your hair until it’s damp. From there, add a dollop of gel to your palm and rub your hands together until it’s malleable enough to use. Apply the gel evenly throughout your hair, starting from just above the hairline. If desired, use a comb. Once it’s in your hair, style it as desired.
Can styling gel damage hair?
A. If the gel contains fragrances or ingredients such as alcohol, it can dry out your hair. That’s why it’s important to use one whose ingredients are safe for your scalp and hair. Also, if you use it frequently or in excessive amounts, you could develop dandruff. To prevent or fix this, use moisturizing shampoo and conditioner as part of your hair-care routine.
What’s the best styling gel to buy?
Top styling gel
American Crew Firm Hold Styling Gel
What you need to know: This large container is perfect for anyone who wants a non-drying gel that can hold their hair in place and give it a healthy shine.
What you’ll love: It uses a low-pH formula that includes a polymer complex, vitamin B5 and natural extracts. It doesn’t contain alcohol, making it safe for nearly any hair type and those with sensitive skin.
What you should consider: It’s strong enough to hold most styles, but isn’t as effective with thick or coily hair.
Where to buy: Sold by Macy’s and Ulta Beauty
Top styling gel for the money
Got2b Ultra Glued Invincible Styling Hair Gel
What you need to know: Available in one- or two-packs, this non-sticky gel is perfect for those with thick hair who want to maintain a funky or vertical style.
What you’ll love: This gel has a strong hold and can keep your locks in place for multiple hours. It comes in a 6-ounce container. It’s also formulated to not flake.
What you should consider: It’s tricky to wash out or comb through once applied.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This lightweight gel lets you style your hair, while giving both your hair and scalp an extra boost of hydration.
What you’ll love: Using natural ingredients, it provides great edge control, adds shine and reduces split ends. It’s great for natural, fine and slightly wavy hair.
What you should consider: The hold isn’t strong enough for thicker hair types.
Where to buy: Sold by Amazon
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Angela Watson writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/hair-products-br/best-styling-gel/ | 2022-04-30T00:45:00Z |
PickUp To Embed Contextually Relevant Props Across Content Categories Including Editorial, Video And Audio To Enhance NASCAR's Direct Relationship With Highly Engaged Fanbase
More Than 100,000 Picks With Impressive 67% Click Thru Rate From SMS Campaigns For Fantasy and NASCAR Content
BROOKLYN, May 9, 2022 /PRNewswire/ -- Fan engagement platform, PickUp, announced today that NASCAR has selected the company to accelerate its motorsports content gamification strategy. PickUp will utilize its proprietary content creation platform to embed contextually relevant props across NASCAR's content including editorial, video, audio and onsite activations. The platform is designed to build a community of highly-engaged fans who can be re-targeted via SMS with hyper-relevant offers and content based on their location.
PickUp engages the casual fan through sports betting and subsequently transforms this audience into a community of passionate fans who can be re-engaged via targeted 2-way SMS campaigns. The company's technology converts sports moments, conversations, breaking news and headlines into interactive questions and distributes those questions across owned media channels where fans are able to make picks and win prizes. PickUp provides the ability to understand what fans care about, where they are located and how to have a direct conversation with them on a 1:1 level.
Recognizing that building a community around their brand drives greater loyalty with fans, sports media companies, leagues and teams have partnered with PickUp to develop 2-way engagement with a wide audience of casual fans looking to interact with their favorite sports. PickUp's technology and dedicated support team allows partners to monetize their content, gain insights into fan sentiment and generate direct conversations with their fans.
PickUp will collaborate with NASCAR to create custom content that will run across their platforms, design and execute engaging SMS strategies and distribute marketing offers approved by NASCAR such as VIP passes to races. Dating back to February, PickUp has been integrated into content during several NASCAR race weekends resulting in over 100,000 picks by fans, with continued growth expected as NASCAR further presents PickUp's betting-adjacent features to its highly-engaged fanbase.
"The NASCAR fanbase is one of the most engaged, informed, and active communities in the world," says Dan Healy, CEO, PickUp. "As more people are introduced to this sport every week, the PickUp platform is here to help them engage with the drivers they're following, and the events they're watching. We're excited about the opportunity to be a part of growing this amazing sport."
PickUp has secured partnerships with leading brands in the sports media space including USA Today Sports, DraftKings, BetMGM, FloSports, MMAJunkie as well as other distributors including Comcast and Xfinity. The company recently announced an extended seed funding round of $3 million investment that included KB Partners, Drive By DraftKings, and Connetic Ventures along with SuRo Capital, Critical Mass Capital and Lloyd Danzig's Sharp Alpha Advisors.
To hear more about how PickUp could help you create deeper fan engagement through making your content interactive, text PickUp to 31032.
Media Contact
Adam Armstrong
adam@playpickup.com
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SOURCE PickUp | https://www.mysuncoast.com/prnewswire/2022/05/09/nascar-selects-fan-engagement-platform-pickup-help-accelerate-motorsports-content-gamification-strategy/ | 2022-05-09T22:40:04Z |
Body of missing Lewisville man found in Wise County
By Alex Keller
Click here for updates on this story
LEWISVILLE, Texas (KTVT) — The body of Robert Moulds, 63, a missing Lewisville resident, was discovered this morning in his wrecked vehicle off of U.S. 380 in Wise County.
At 8:30 a.m. on April 20, a volunteer firefighter performing search efforts on the family’s behalf found Moulds’ vehicle in a heavily wooded area about an eighth of a mile off of U.S. 380 and east of County Road 1110. This area had not been previously searched, and investigators do not know how long the vehicle had been there.
Investigators believe that Moulds was driving on eastbound U.S. 380 about a mile west of the Wise County Sheriff’s Department when he drove over the median, crossing over the westbound lanes into the wooded area, and crashed into a dry creek bed. No other vehicles appear to have been involved in the crash.
Wise County Sheriff Lane Akin said it appears that Moulds had a medical issue while driving, but the Dallas County Medical Examiner’s Office has yet to make an official ruling on the cause of death. The Texas DPS is investigating this as a fatality crash.
Moulds’ family filed a missing persons report with Lewisville Police on April 8 after not being able to contact him for several days and not finding him or his vehicle at his Lewisville residence.
Lewisville Police investigators searched his residence and found no signs of foul play. They then obtained GPS location data for Moulds’ cell phone from April 3 through April 5, which showed he was in Wise County. His family said he would frequently go the area to fish.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/20/body-of-missing-lewisville-man-found-in-wise-county/ | 2022-04-21T05:43:27Z |
Navajo Code Talker Samuel Sandoval dies; 3 left from group
By FELICIA FONSECA
Associated Press
FLAGSTAFF, Ariz. (AP) — Samuel Sandoval, one of the last remaining Navajo Code Talkers who transmitted messages in World War II using a code based on their native language, has died.
Sandoval died late Friday at a hospital in Shiprock, New Mexico, his wife, Malula told The Associated Press on Saturday. He was 98.
Hundreds of Navajos were recruited from the vast Navajo Nation to serve as Code Talkers with the U.S. Marine Corps. Only three are still alive today: Peter MacDonald, John Kinsel Sr. and Thomas H. Begay.
The Code Talkers took part in every assault the Marines conducted in the Pacific, sending thousands of messages without error on Japanese troop movements, battlefield tactics and other communications critical to the war’s ultimate outcome. The code, based on the then-unwritten Navajo language, confounded Japanese military cryptologists and is credited with helping the U.S. win the war.
Samuel Sandoval was on Okinawa when got word from another Navajo Code Talker that the Japanese had surrendered and relayed the message to higher-ups. He had a close call on the island, which brought back painful memories that he kept to himself, Malula Sandoval said.
The Navajo men are celebrated annually on Aug. 14. Samuel Sandoval was looking forward to that date and seeing a museum built near the Navajo Nation capital of Window Rock to honor the Code Talkers, she said.
“Sam always said, ‘I wanted my Navajo youngsters to learn, they need to know what we did and how this code was used and how it contributed to the world,’” she said Saturday. “That the Navajo language was powerful and always to continue carrying our legacy.”
Sandoval was born in Nageezi near Chaco Culture National Historical Park in northwestern New Mexico. He enlisted in the Marine Corps after attending a Methodist school where he was discouraged from speaking Navajo. He helped recruit other Navajos from the school to serve as Code Talkers, expanding on words and an alphabet that an original group of 29 Navajos created.
Sandoval served in five combat tours and was honorably discharged in 1946. The Code Talkers had orders not to discuss their roles — not during the war and not until their mission was declassified in 1968.
The roles later became an immense source of pride for Sandoval and his late brother, Merrill Sandoval, who also was a Code Talker. The two became talented speakers who always hailed their fellow Marines still in action as the heroes, not themselves, said Merrill Sandoval’s daughter, Jeannie Sandoval.
“We were kids, all growing up and we started to hear about the stories,” she said. “We were so proud of them, and there weren’t very many brothers together.”
Sandoval was curious, always reading the local newspapers, and attending community, veterans, Code Talker and legislative meetings. He enjoyed traveling and sharing what he learned, grounded in his Diné beliefs and the Navajo way of life, said one of his daughters, Karen John.
“It was engrained early in me, to be part of the community,” she said. “He was really involved in a lot, some of which I couldn’t comprehend as a kid.”
Samuel Sandoval often told his story, chronicled in a book and documentary of the same name — “Naz Bah Ei Bijei: Heart of a Warrier” — at the Cortez Cultural Center in Cortez, Colorado. He had a favorite folding chair there with vinyl padding and took coffee black, said executive director Rebecca Levy.
Levy said Sandoval’s talks drew dozens of people, some of whom had to be turned away because of space limitations.
“It was a great opportunity for people who understood how important the Navajo Code Talkers were to the outcome of the war, in our favor … to thank him in person,” Levy said.
Sandoval’s health had been declining in recent years, including a fall in which he fractured a hip, Malula Sandoval said. His last trip was to New Orleans in June where he received the American Spirit Award from the National World War II Museum, she said. MacDonald, Kinsel and Begay also were honored.
Sandoval and his wife met while he was running a substance abuse counseling clinic, and she was a secretary, she said. They were married 33 years. Sandoval raised 11 children from previous marriages and in blended families, John said.
Navajo President Jonathan Nez said Sandoval will be remembered as a loving and courageous person who defended his homeland using his sacred language.
“We are saddened by his passing, but his legacy will always live on in our hearts and minds,” Nez said in a statement.
Navajo Nation Council Speaker Seth Damon said Sandoval’s life was guided by character, courage, honor and integrity, and his impact will forever be remembered.
“May he rest among our most resilient warriors,” Damon said in a statement.
Funeral services are pending. | https://localnews8.com/news/2022/07/30/navajo-code-talker-samuel-sandoval-dies-3-left-from-group/ | 2022-07-31T02:58:31Z |
LOMPOC, Calif. , May 27, 2022 /PRNewswire/ -- Return to Freedom Wild Horse Conservation on Friday thanked House Energy and Commerce Committee Chairman Frank Pallone (D-NJ) for his support of bills to ban horse slaughter and soring and urged him to schedule a markup before the full committee as quickly as possible.
The Subcommittee on Consumer Protection and Commerce on Thursday held a hearing on the Save America's Forgotten Equines (SAFE) Act, H.R. 3355, and the Prevent All Soring Tactics (PAST) Act, H.R. 5441. The subcommittee is chaired by the SAFE Act's sponsor, Rep. Jan Schakowsky (D-IL).
The SAFE Act would permanently ban horse slaughter in the United States as well as the sale and export of American horses for purposes of slaughter. The PAST Act would expand regulation and enforcement of the soring of horses to produce higher gaits that may cause lameness, pain and distress.
Both bills received strong support with little opposition during Thursday's hearing.
"We're grateful to the bills' sponsors, Reps. Jan Schakowsky, (D-IL) and Vern Buchanan (R-FL) for SAFE and Reps. Steve Cohen (D-TN) and Brian Fitzpatrick (R-PA) for PAST, for their efforts to advance these important bills and for the support of Chairman Pallone," said Neda DeMayo, president of Return to Freedom (RTF), a national nonprofit wild horse and burro advocacy organization.
"Two years ago, however, the SAFE Act had a similar strong subcommittee hearing only to be denied a full committee markup and so the bill died at the end of the last Congress," DeMayo continued. "We strongly urge Chairman Pallone to continue the positive momentum behind these bills by scheduling a markup before the full committee as soon as possible."
Both bills enjoy strong bipartisan support: the SAFE Act with 215 cosponsors and the PAST Act with 256 cosponsors. More than 80 percent of voters consistently say that they oppose horse slaughter in opinion polls.
The next step for both pieces of legislation is receiving a "markup" before the full House Energy and Commerce Committee. A markup is when the Committee debates, amends and votes on legislation before the Committee before sending it to the floor for a vote by the full House.
RTF has long been a supporter of ending horse slaughter and soring. Its work on ending horse slaughter dates back two decades.
"Americans have an unwavering bond with the descendants of the horses that have helped build our country and shape our culture," DeMayo said. "Horse slaughter is the ultimate betrayal of that bond."
Since the last horse slaughter plant inside the United States closed in 2007, Congress has consistently supported language in annual Agriculture Appropriations bills blocking horse slaughter. This de facto ban does nothing to protect thousands of American horses shipped to foreign slaughterhouses each year, however.
"More than 1.6 million American horses — including an unknown number who once roamed freely on our public lands – have been shipped to foreign slaughterhouses since the last such plant in the United States closed in 2007," DeMayo said. "Wild horses that once roamed freely on our public lands, pets, racehorses, workhorses — no American horse deserves to be shipped to an inhumane death in a foreign slaughterhouse.
"The national effort to end this practice began in Congress 21 years ago, so we call on everyone to join in ending this once and for all. Horse slaughter is wholly un-American and needs to end with the passage of the bipartisan SAFE Act."
Last year, 23,431 American horses were shipped to Mexican and Canadian slaughterhouses.
Among them were an unknown number of once-federally protected wild horses and burros. Wild equines are placed at risk of being sold to slaughter after being captured and removed from their rightful rangelands by the Bureau of Land Management (BLM) and U.S. Forest Service (USFS).
While Congress has repeatedly barred BLM and USFS from selling captured equines without restrictions against slaughter, wild horses and burros lose their federal protections and are no longer tracked by the government when title is passed to a buyer or adopter. A BLM program created in 2019 has put more wild horses and burros at risk by giving $1,000 to adopters.
More than 90 percent of horses – domestic and wild – exported for slaughter are in good condition, according to a U.S. Department of Agriculture study. Because American horses are not raised to be food, they are routinely given dozens of veterinary medications unsafe for humans.
Return to Freedom Wild Horse Conservation (RTF) is a national nonprofit organization dedicated to wild horse preservation through sanctuary, education, conservation, and advocacy since 1998. It also operates the American Wild Horse Sanctuary at three California locations, caring for more than 450 wild horses and burros. Follow us on Facebook, Twitter, and Instagram for updates about wild horses and burros on the range and at our sanctuary.
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SOURCE Return to Freedom Wild Horse Conservation | https://www.wibw.com/prnewswire/2022/05/27/rtf-calls-house-energy-commerce-schedule-full-committee-vote-horse-slaughter-ban/ | 2022-05-27T23:30:48Z |
Family of Candy the dog hopes to get justice in civil court
NOKOMIS, Fla. (WWSB) - The family of Candy, a dog shot and killed in front of her owner, is hoping to get justice in a civil suit.
Six years ago, Candy was killed by Zack Deaterly in front of her owner Rodney Jacobson. Deaterly alleged to deputies that the dog was in an attack stance and that he told Jacobson to get the dog off him.
He eventually alleged that he was in fear of his life later throughout the investigation.
According to Jacobson, Candy barked to alert her owner that there was a stranger approaching.
After being struck, Candy was taken to the hospital where she later died from her injuries.
Candy was a special pet to her owners and to her family, so much so that she was like a companion to them.
They would take her boating and she would go to work with Jacobson every day.
After many delays, Monday will begin the civil trial and Candy’s owners believe the outcome will allow them to be an example for many other animal families not only on the Suncoast but across the nation.
The family is encouraging other pet owners and area animal advocates to attend the trial for more support.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/12/family-candy-dog-hope-get-justice-civil-court/ | 2022-06-12T22:01:47Z |
Anne Heche, pictured here on January 7, 2018, in Beverly Hills, California, is 'not expected to survive,' her family says. Heche was involved in a car crash last week.
Anne Heche's son paid tribute to his mother Friday saying the family had lost "a kind and most joyful soul, a loving mother, and a loyal friend."
In a statement Heche's son, Homer Laffoon, 20, wrote: "My brother Atlas and I lost our Mom. After six days of almost unbelievable emotional swings, I am left with a deep, wordless sadness. Hopefully my mom is free from pain and beginning to explore what I like to imagine as her eternal freedom."
Last Friday, Heche was in a car that was traveling at a high speed when it ran off the road and collided with a residence that became engulfed in flames, Los Angeles Police Public Information Officer Jeff Lee told CNN at the time.
One week after the crash, Heche is "brain dead" but remains on life support, according to a statement from her family and friends and shared with CNN by their representative.
Under California law, due to her condition, Heche is considered legally dead.
Heche has not been taken off life support so they have time to determine if she is a match for organ donation, according to the representative.
The family said in a previous statement Thursday night that it has "long been" Heche's choice to donate her organs.
"We have lost a bright light, a kind and most joyful soul, a loving mother, and a loyal friend," the earlier statement from the family said. "Anne will be deeply missed but she lives on through her beautiful sons, her iconic body of work, and her passionate advocacy. Her bravery for always standing in her truth, spreading her message of love and acceptance, will continue to have a lasting impact."
Heche suffered a severe anoxic brain injury, which deprives the brain of oxygen, as a result the crash, according to the family's representative.
A woman inside the home at the time of the crash suffered minor injuries and sought medical attention, according to Lee.
In their message on Thursday, Heche's family and friends thanked her care team at the Grossman Burn Center at West Hills hospital and paid tribute to Heche's "huge heart" and "generous spirit."
"More than her extraordinary talent, she saw spreading kindness and joy as her life's work -- especially moving the needle for acceptance of who you love," the statement read.
Heche rose to fame on the soap opera "Another World," where she played the dual role of twins Vicky Hudson and Marley Love from 1987 to 1991. She earned a Daytime Emmy Award for her performance on the show.
Heche followed that success with numerous films, including "Donnie Brasco," "Wag the Dog" and "Six Days Seven Nights" opposite Harrison Ford.
In more recent years, Heche has appeared in television shows like "The Brave," "Quantico," and "Chicago P.D."
Following the crash, there was an outpouring of support for the actress from the Hollywood community. Her ex and former "Men in Trees" co-star James Tupper, with whom she shares one of her two sons, wrote on Instagram: "Thoughts and prayers for this lovely woman, actress and mother tonight Anne Heche. We love you."
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Don't let backyard critters win. Here's how to curb raccoon and squirrel damage
NORTH CANTON – It was late in the night and Desiree Givens' 13-year-old heard unusual noises outside.
"It sounded like a bat caught in the garage," Givens said.
They heard more noises but found only chewing and claw marks and a hole on the side of their house.
Raccoon attacks:A woman was attacked by a raccoon while hanging Christmas lights. She put it in a headlock.
Squirrel prop:A photographer is on a mission to bring joy to the world
They called a pest control company but it would be another night of chewing and clawing before a trap could be set.
In the end, the culprit got away, leaving behind a mess for Givens and her family.
"We're pretty positive it was a raccoon," she said.
Raccoons – and other backyard critters – are known to turn houses into nail salons and maternity rooms, creating problems for homeowners.
How can a homeowner deter these creatures from their property?
'It becomes a part of their habitat.'
While raccoons and squirrels attack houses for a numbers of reasons, it is definitely not to provoke a battle with humans.
Laurie Brown, a research technician for the Ohio Department of Natural Resources' Division of Wildlife, said the critters gnaw on the edges of houses to sharpen their teeth; scratch to improve their nails; and chew to open holes to stay warm or have babies.
"It is something they are used to and it is their routine to visit those locations," Brown said. "It becomes a part of their habitat."
The same issues, as well as digging holes and tunnels, apply to groundhogs and skunks. They can create instability in a structure's foundation, Brown said.
Critter damage can be costly
It can cost between $150 and $5,000 to remove an unwanted animal and make repairs.
Some, but not all insurance policies, cover damage caused by a backyard critter. But the damage must be unforeseen and unavoidable.
That "unforeseen and unavoidable" part is key for any claim, said Scott Holeman, media director of Insurance Information Institute.
He said if a home was already in need of repairs and the owner ignored them, no policy would cover damage from a critter that gains access.
Holeman added that any coverage would likely be limited to structural or electrical needs, not personal property.
In other words, no policy covers a raccoon or squirrel tearing into a couch or bed.
Holeman also said any costs to remove the critter would come out of pocket.
For the Givens family, they paid $350 to set up a trap and the raccoon caused an estimated $3,500 to $4,500 in damage. Fortunately, their insurance policy will cover most of the repair costs.
How to repel these five homewreckers
Here's how you can repel critters from filleting your home before extraction is necessary.
Raccoons
Zach Smith of Smith's Pest Management in San Francisco shared these humane tips for deterring raccoons in an April 25, 2022, company post:
- A motion-activated sprinkler can sense a raccoon and spray them with cold water.
- An ultrasound deterrent device emits a mixture of lights and sounds that scare them.
- Because trash is a food source for raccoons, make sure trash cans are securely fastened or kept inside a garage or shed.
- Rodent-repellent trash bags, like HDX, are infused with mint that keep raccoons away without harm. They are also safe for humans and pets.
- Make your own repellent with a mixture of water and a few drops of dish soap and hot sauce (or some powered cayenne pepper). Raccoons don't like spicy smells.
- Put a bowl or soaked rags of ammonia at entry points for raccoons. The cleaner smells like undesirable urine.
- Remove outdoor pet and bird food each night.
- Install electric fences around areas you want protected.
- Never feed raccoons.
To learn more about raccoon problems and removing the critters, visit https://smithspestmanagement.com/blog/post/how-to-get-rid-of-raccoons/.
Squirrels
According to Terminix, here are 10 ways to deter squirrels from your property:
- Do not feed them. Any food found in the yard becomes fair game for squirrels and other creatures.
- Rake your yard regularly to remove fallen fruit, nuts and seeds.
- Dogs and cats, as well as predator urine sprays, may keep squirrels out of the yard.
- Motion-activated sprinkler systems may help deter them.
- Block entry points and install plastic pipes around non-electrical wires. The pipe will spin on the wire.
- Install two-foot wide metal collars around trees and poles; put fences or nets around plants; and build a mesh wire fence.
- Treat seeds, bulbs and flowers with a chemical repellant.
- Plant mint at the edge of your garden.
- Plant daffodils. These flowers have a toxin that makes them inedible.
- Block entry points into the house.
Groundhogs
The Old Farmer's Almanac has eight tips for making your property ugly to groundhogs which are often attracted to gardens:
- Sprinkle blood meal, ground black pepper, dried blood or talcum powder on the edge of your garden.
- Make a spray with water, soap and puree and strain hot peppers and garlic. Use it on your garden.
- Put some harmless, intense substances in burrows (i.e., kitty litter) and loosely seal the entrance.
- Buy and use predator scent repellents.
- Remove woodpiles. They are known to be used for groundhog nests.
- Keep undergrowth and grass low.
- Seal abandoned or vacant burrows before another groundhog finds them.
- Use traps. Bait them with broccoli, apple slices, lettuce, carrots or sweet corn. If you catch one cover the trap with a blanket to calm the creature.
Skunks
HGTV.com offers suggestions for turning the noses of skunks away from your property and homes.
Like other critters, skunks frequently come into yards for food. Make sure trash cans are secure and gardens are fenced.
Additionally, pet food and open compost piles can attract skunks.
Here are other tips:
- A motion-activated flood lamp startles skunks which don't like bright lights.
- Citrus, ammonia, mothballs and predator urine smells offend skunks.
- Find where the skunk lives and cover the hole with dirt. Be careful. Springtime is when skunks have babies.
Opossums
To keep opossums away from your property, BobVila.com recommends:
- Install four-foot high fences around gardens.
- Prune trees and shrubs, remove brush piles and get rid of fallen tree fruit.
- Secure garbage cans and pet food.
- Close or block entry points around the house, including porches and decks.
These critters have upsides.
While these backyard critters have damaging habits for property and houses, Brown said that they also offer ecological benefits.
For example, she said, squirrels help spread tree seeds.
The Texas-based pest control company Natran said opossums reduce the tick population and eat venomous snakes, and raccoons help maintain balance between prey and predators.
For Givens, she didn't want anything bad to happen to the critter culprit that damaged her home.
"I just don't want it to come back," she said.
Reach Benjamin Duer at 330-580-8567 or ben.duer@cantonrep.com
Follow on Twitter @bduerREP | https://www.cantonrep.com/story/lifestyle/home-garden/2022/05/16/backyard-critter-raccoons-squirrels-chipmunks-pest-control/7417672001/ | 2022-05-16T12:55:18Z |
Back to the doctor’s office? Here’s what’s next for telehealth after the pandemic
By Tasnim Ahmed, CNN
It all started with a toothache.
That’s what brought Gary Poteat into the doctor’s office. But several appointments and a biopsy later, Poteat discovered that he had malignant kidney cells in his jaw, the result of stage IV kidney cancer — something that only 14% of people survive with in the first five years of diagnosis.
Fifteen years after a diagnosis that felt like a death sentence, Poteat continues to beat those odds. However, that means he is a complicated patient requiring specialized care that can require him to travel thousands of miles from his home in Central Ohio.
When Poteat’s cancer recurred, he found that one pandemic-era change made a crucial difference in his care: telehealth.
Poteat had been cancer-free for two years until January 2021, when his cancer spread to his liver, pancreas and lung. He found a doctor who could do the type of specialty surgery he needed — but who was also a four-hour drive away, in Cleveland.
Amid the Covid-19 pandemic and an Ohio winter, the idea of traveling so far for multiple appointments was daunting.
“It’s just harder for us to travel, and of course, most cancer patients are older people. And travel is not easy … especially if you’re a long-term cancer patient, you may have some medical problems,” said Poteat, 69.
But then came the option to do his appointments remotely and from the comfort of his own home, through telehealth.
“They got back and said ‘we can do all this [through] telemedicine instead of you having to drive an eight-hour round trip, spend the night — three times,’ ” Poteat said.
Over the span of a week and a half, Poteat saw three specialists through telehealth.
“It’s hard to describe how the little aggravations of life, like traveling in the snow, fighting cold weather and staying in hotels, how much stress that puts on someone who’s already at maximum stress from the fact I have new tumors and we don’t know what we’re going to do,” Poteat said. At such a critical point in his cancer journey, telehealth felt like a “blessing.”
For millions of people like Poteat, pandemic-era telehealth flexibilities have made health care much more accessible.
However, those flexibilities are set to expire 151 days after the Covid-19 public health emergency ends, outlined as part of the $1.5 trillion omnibus spending bill signed by President Biden in March. The emergency was last renewed April 13 for another 90 days.
Expanding telehealth in a crisis
Over the course of the pandemic, use of telehealth has grown exponentially, necessitated mainly by efforts to minimize person-to-person contact.
According to a report from the US Department of Health and Human Services, more than 2 in 5 Medicare beneficiaries used telehealth services in the first year of the pandemic, amounting to at least 28 million people. The number of telehealth visits also grew 63-fold in 2020. And the trend continues; 20% of US adults used telemedicine during the first two weeks of March, according to the US Centers for Disease Control and Prevention.
In March 2020, several new pieces of federal legislation, including the Coronavirus Aid, Relief, and Economic Security (CARES) Act, temporarily waived Medicare restrictions on telehealth. The Centers for Medicare and Medicaid Services eased restrictions that allowed beneficiaries to access more health services virtually.
Before March 2020, people had to be in a rural area or a place with medical personnel shortages to qualify for telehealth services under Medicare, and services could be accessed only through specific medical facilities.
However, during the Covid-19 public health emergency, coverage expanded to allow people to receive telehealth services in urban areas and from their own homes for the first time — sometimes even across state lines. Another big change was the introduction of audio-only services, in which health care could be provided through a phone call.
Likewise, most people who are covered under private health insurers should expect similar coverage. In 42 states and the District of Columbia, private insurance providers are required to reimburse telemedicine costs.
“I can actually see more people in suburban or rural areas that otherwise may not have had the same level of access before,” said Dr. Stephen Parodi, an infectious disease physician and executive vice president for the Kaiser Permanente Federation. “We want to preserve that.”
Rapidly shifting gears
Telehealth expansions became a lifeline particularly for patients seeking addiction services.
When stay-at-home orders went into place and addiction recovery centers closed across the country, telehealth served as a bridge to continuity of care.
“What the flexibility of telehealth allows during Covid was to shift gears extraordinarily rapidly,” said Dr. Shawn Ryan, a regional director of the American Society of Addiction Medicine. “We were basically able to further our mission of barrier reduction and meeting the patient where they’re at.”
Transportation is one of the most common barriers to receiving addiction treatment and one that won’t disappear once the public health emergency ends, Ryan said.
During the pandemic, the US Drug Enforcement Administration temporarily relaxed rules around prescribing controlled substances such as buprenorphine, a treatment for opioid use disorder. Doctors can now prescribe the medication after a video visit with a patient, rather than an in-office one.
“As far as we can tell from what data is being collected, [that] resulted in better patient care and retention,” Ryan said.
However, this is another flexibility that patients are at risk of losing once the federal public health emergency ends.
There are certain challenges that come with making addiction care virtual. For one, it’s difficult for addiction specialists to monitor whether their patients begin using again or are taking their medication as directed.
“So my encouragement is for folks to be nimble and objective in assessing, what should it look like going forward? And not just pushing the dial one way or the other,” Ryan said.
The future of addiction care will probably benefit from a combination of telehealth and in-person care, but that won’t be possible if rigid prepandemic telehealth restrictions continue, Ryan said.
Permanent changes
Some changes are here to stay. According to the federal Medicare Payment Advisory Commission, mental, behavioral and neurodevelopmental health accounted for 25% of the charges for telehealth in the first year of the pandemic. Now, behavioral health services, like individual and group therapy, will be permanently available through telehealth, even after the end of the public health emergency.
The White House says it has recognized the impact that telehealth has had in improving access to mental health care, and it’s even one of Biden’s key strategies to addressing the country’s mental health crisis.
Dr. Andrew Booty, a psychiatrist and volunteer clinical faculty at the UCSF School of Medicine, said telehealth expansions helped eliminate some barriers to access for his patients. Gone were long wait times, commutes and transportation costs.
“When we don’t have to rely on particular physical exam findings … video can be almost as efficient as seeing somebody in person, and in some ways better, given the access issues,” Booty said.
Booty noted that some things are harder to observe over a screen, like nuances in body language or how someone carries themselves into a room.
Still, he said he would rather be able to see patients “with increased frequency over video than either not be able to see them or see them much less frequently because of [limited] access.”
‘Covid made telehealth possible’
Seeing the benefits afforded by the expansion of telehealth, some lawmakers are pushing Congress to consider making more telehealth flexibilities permanent.
The Telehealth Response for E-prescribing Addiction Therapy Services, or TREATS, Act would permanently allow certain controlled substances, such as buprenorphine, to be prescribed online after a video consult with a provider.
The CONNECT for Health Act has also received bipartisan support in Congress. The bill was introduced in 2016 by Hawaii Sen. Brian Schatz, and a revamped version was reintroduced last year in response to the overwhelming use of telehealth over the pandemic.
According to Schatz’s office, the earlier version of the bill didn’t garner much interest, but that changed over the course of the pandemic, as lawmakers realized the dramatic role telehealth has played in expanding access to care.
The bill’s actions include permanently removing geographic restrictions for using telehealth — a provision made temporarily for the public health emergency — and removing restrictions for emergency services.
“The last year has shown us that telehealth works, it’s popular, and it’s here to stay,” Schatz said in a statement in April 2021.
But given the time it often takes bills to move through Congress, providers and patients alike have depended on renewals of the Covid-19 public health emergency to keep the telehealth expansions going.
In the meantime, according to a CMS spokesperson, individual states can choose to make telehealth expansions permanent. Illinois became one of the first to do so last year, when Gov. J.B. Pritzker signed a bill that allowed coverage of telehealth expansions made during the pandemic to continue into 2027.
For Poteat, the expansion of telemedicine was a silver lining of the Covid-19 pandemic. But now, faced with the possibility that all those expansions may not be permanent, he worries that he won’t be able to get the same quality of care he’s gotten these past two years.
“Covid made telemedicine possible,” he said. “It would be such a shame if we’ve lost that tool for patients to get the best specialist care.”
Technical difficulties
In keeping with goals to increase access to health care, there is still work to be done to make telehealth equitable.
HHS found that rural and Black Medicare beneficiaries had fewer telehealth visits than other groups during the first year of the pandemic.
So while telehealth may seem like the answer to overarching access issues, providers must also consider: Who has access to telehealth in the first place?
“The issues of hardware, software, data connection, Wi-Fi — all those things came to bear when [patients] were at home. Where could they go if they didn’t have it at home?” Ryan said.
The future of telehealth is thus dependent on assessing each person’s needs.
“If we just think of a one-size-fits-all model, it’s very likely you’re going to end up increasing inequities,” said Sinsi Hernández-Cancio, vice president for health justice at the National Partnership for Women & Families, during a Kaiser Family Foundation discussion on the future of telehealth in March.
Ensuring that people have access to broadband and that medical centers have software that can protect patient’s privacy will be expensive. Hernández-Cancio said that although the upfront cost of improving the technology may be steep, it is an investment that could save money in the long term as more people get the care they need.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/29/back-to-the-doctors-office-heres-whats-next-for-telehealth-after-the-pandemic/ | 2022-04-29T11:57:18Z |
HOUSTON (AP) — The Houston Astros acquired first baseman Trey Mancini from the Baltimore Orioles in a three-team trade Monday that also moved speedy outfielder Jose Siri to the Tampa Bay Rays.
The Astros were in the market for a first baseman with Yuli Gurriel struggling this season. The 38-year-old Gurriel hit .319 to win the American League batting title in 2021, but has hit just .243 with seven homers and 28 RBIs this year.
Mancini, who has been in the lineup at designated hitter 51 times this season, also could fill that role for the AL West leaders with Michael Brantley out indefinitely with a shoulder injury.
The 30-year-old Mancini is hitting .268 with 10 homers and 41 RBIs in 92 games this season. He broke into the majors with Baltimore in 2016 and batted .270 with 117 homers and 350 RBIs in 701 games with the Orioles.
Houston also received minor league right-hander Jayden Murray from Tampa Bay. The Astros sent Siri to the Rays and minor league right-hander Chayce McDermott to the Orioles.
The 27-year-old Siri made his big league debut last year. He hit .178 with three homers and 10 RBIs in 48 games with Houston this season.
Mancini has a $7.5 million salary this season as part of a contract that includes a $10 million mutual option for 2023 with a $250,000 buyout.
___
AP Baseball Writer Ron Blum contributed to this report. | https://cw33.com/sports/ap-sports/astros-acquire-1b-mancini-from-orioles-in-3-team-trade/ | 2022-08-01T23:24:56Z |
Funding will accelerate commercial launch of DefineMBC™ and expand Epic Sciences' liquid biopsy solutions for key global oncology trials
SAN DIEGO, June 2, 2022 /PRNewswire/ -- Epic Sciences, Inc. ("Epic" or "Epic Sciences"), a privately held diagnostics company, has completed a $43 million first close of its Series F financing. The company will use the capital from this additional round of private investment to continue to advance its multi-omic platform and expand operations in areas such as single-cell sequencing and data analytics infrastructure.
Arsenal Capital Partners ("Arsenal"), a leading private equity firm specializing in building transformational healthcare businesses, led the growth investment, which included continued support from existing investors such as Blue Ox Healthcare Partners, Deerfield Management, and Labcorp.
"We are extremely proud to have a world-class group of strategic partners backing us to meet the growing demand for Epic's liquid biopsy offerings," says Lloyd Sanders, President and CEO, Epic Sciences. "We are continuing to innovate testing for both the research and clinical markets. Our biopharma partners are driving our presence into drug development efforts and an increasing number of clinical trials, while we continue to see growing excitement from practicing clinical oncologists for DefineMBC™ and future tests."
DefineMBC™, Epic's novel blood-based test for comprehensively characterizing metastatic breast cancer, has been reporting patient results since April 2022. The test's multi-analyte methods have demonstrated impressive sensitivity, specificity, accuracy, and precision in the:
- detection of circulating tumor cells (CTCs)
- assessment of protein expression (HER2, ER)
- determination of intra-cell copy number variations (CNV) within individual CTCs
- identification of single nucleotide variants (SNVs), indels, fusions, and CNVs from plasma-based cell-free DNA analysis, the calculation of microsatellite instability (MSI) and tumor mutational burden (TMB)
Concurrent with the financing round, Epic has also appointed two new members to its Board of Directors: James Rothman PhD, the Chair of Arsenal's Healthcare Advisory Board, a renowned cell biologist and Nobel Laureate, who was formerly Chief Scientist of GE Healthcare, as well as Richard Eglen PhD, a Senior Advisor of Arsenal, who brings decades of industry leadership experience with companies such as PerkinElmer, Roche Bioscience, and Corning Inc.
"What is most exciting about Epic's approach is the ability to derive valuable insights from data at the cellular and subcellular level for both drug developers and clinicians in oncology," says Dr. Rothman, who also serves as the Sterling Professor and Chair of the Department of Cell Biology at Yale University School of Medicine.
Epic Sciences, Inc. is developing and marketing novel diagnostics to guide therapy selection and monitor disease progression, personalizing and advancing the treatment and management of prostate and breast cancers. The company's liquid biopsy platform leverages proven, proprietary cell analysis capabilities as well as cell-free analysis to provide more complete, efficient analysis and clearer insights – Comprehensive Cancer Profiling. Using its full-service CAP/CLIA-accredited laboratory and research support services, Epic Sciences partners with leading pharmaceutical companies and major cancer centers around the world to improve patient outcomes.
For more information, visit www.epicsciences.com or follow us on LinkedIn, Facebook or Twitter.
Arsenal is a leading private equity firm that specializes in investments in healthcare and industrial growth companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds of more than $10 billion, has completed more than 250 platform and add-on investments, and achieved more than 30 realizations. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. Visit www.arsenalcapital.com for more information.
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SOURCE Epic Sciences | https://www.kxii.com/prnewswire/2022/06/02/epic-sciences-raises-43m-first-close-series-f-financing-advance-comprehensive-profiling-metastatic-cancer-patients/ | 2022-06-02T14:28:46Z |
SIMI VALLEY, Calif., Aug. 30, 2022 /PRNewswire/ -- The Reagan Foundation and Institute mourns the loss of former Soviet leader Mikhail Gorbachev, a man who once was a political adversary of Ronald Reagan's who ended up becoming a friend.
President Reagan was a devoted anti-communist who was never afraid to say what needed to be said or do what needed to be done to bring freedom to people who were living under repressive regimes. It was General Secretary Gorbachev with whom President Reagan would finally have that long-sought opportunity to form a relationship which led to a lessening of tensions between Washington and Moscow, and eventually to meaningful arms reduction.
Following the historic signing of the INF Treaty in 1987 and the Fall of the Berlin Wall in 1989, relations between the United States and Soviet Union would never be the same again. Against all odds, "Ron and Mikhail," as they eventually came to call each other, had found a way to make the planet safer together. As President Reagan wrote in his handwritten personal diary about the two men's initial correspondence, "[it] showed what was to become the foundation of not only a better relationship between our countries, but a friendship between two men." When Secretary General Gorbachev attended President Reagan's state funeral in Washington, D.C., Mrs. Reagan was extremely touched. It was yet one more confirmation that the two men had really formed a friendship and not just a business relationship.
Our thoughts and prayers go out to the Gorbachev family and the people of Russia during this difficult time.
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SOURCE The Ronald Reagan Presidential Foundation and Institute | https://www.wibw.com/prnewswire/2022/08/30/statement-by-fred-ryan-chairman-board-ronald-reagan-presidential-foundation-institute-death-former-general-secretary-mikhail-gorbachev/ | 2022-08-30T23:33:01Z |
Woman admits to planning to kill father during burglary, affidavit reads
MEMPHIS, Tenn. (WMC/Gray News) - Officials in Tennessee have released an affidavit that revealed one of the four suspects charged in a recent deadly burglary was the daughter of one of the victims.
WMC reports 71-year-old Virginia Newby and a man were stabbed multiple times on May 27 during a burglary in a gated community in East Shelby County.
Last week, the Shelby County Sheriff’s Office reported four suspects were arrested and charged in connection with the incident.
Johan Nakayama, 25, Savannah Wright, 24, Ravi Tummalapalli, 25, and Roddrick Hawthrone, 23, are facing charges that include first-degree murder and aggravated burglary.
According to the affidavit, Wright admitted to planning the robbery and the murder of her father.
Wright’s father was the man stabbed in the burglary, and he was rushed to the hospital in critical condition, while Newby died at the scene.
Wright is currently in jail without bond, according to authorities.
Copyright 2022 WMC via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/07/woman-admits-planning-kill-father-during-burglary-affidavit-reads/ | 2022-06-07T21:35:42Z |
Companies spanning financial services, healthcare, media, and gaming look to Aceiss to discover undetected access risk in real-time across all technologies
NEW CANAAN, Conn., Aug. 17, 2022 /PRNewswire/ -- Aceiss today unveiled its cybersecurity platform to solve the problem of access observability and mitigate the risk of unauthorized user access. Built on zero-trust fundamentals, Aceiss delivers unprecedented visibility and insights into user access that advances existing investments in cybersecurity and governance platforms. The company also announced $3.25 million in seed funding from Canaan, Insight Partners, Connecticut Innovations, and others. John J. Pacifico, general partner at Canaan, joined the company's board of directors in connection with the financing.
"Aceiss represents one of the most exciting cyber technology companies to emerge in recent years. It's uniquely staffed by industry experts who have lived the decades-old problem of controlling user access to critical technology systems at some of our nation's leading corporations. The technology that the Aceiss team has developed instantly reveals hidden access and dramatically reduces the time and costs of safeguarding a company's technology systems," said John J. Pacifico, General Partner, COO and CFO, Canaan.
Layered defenses, compensating controls, and risk-based policy assessments lessen the risk of compromise. Still, they fail to address the fundamental problem of access observability and rapidly scaling access control protections. Unlike traditional access solutions, which require expensive, often years-long implementations, Aceiss is a non-invasive solution that immediately discovers hidden access, contextualizes activity, and surfaces least privilege insights across all data sources. This includes on-premises systems, cloud platforms, and devices, without requiring duplication or additional infrastructure.
"As a former leader at one of our nation's largest banks, I dedicated a significant amount of my time and focus to addressing the challenges of managing user access to our sensitive technology systems and interacting with regulators regarding the same. While advancements have been made towards addressing the risks of unauthorized access, there remains a significant unmet need for better solutions. Aceiss's focus on surfacing hidden insights across all technology environments continuously, and in real-time, has the potential to become a truly transformative solution that is core to the way businesses approach managing their cybersecurity needs," said Gary Cohn, advisor to Aceiss and member of the founding shareholder group.
Aceiss was founded by Lloyd O'Connor, a long-time financial services executive who spent 15+ years at top banking institutions. O'Connor is credited with building Chase Quick Deposit, the technology enabling banking customers to photograph and deposit a check remotely, transforming US retail banking. He was most recently at Barclays where he upgraded cybersecurity safeguards to exceed regulatory standards.
"Today, the implementation of robust access protections is grossly inefficient due to the time and manual effort required to surface underlying data and integrate legacy and modern technologies. Aceiss has built the first platform that provides a complete understanding of user access, and the underlying data," said Lloyd O'Connor, founder and CEO of Aceiss. "Most companies only monitor some of their user activity. They can't see who has access to many of their applications, and it's impossible to protect what you can't see. Aceiss provides immediate visibility into user access everywhere and will usher in the next era of access visibility for companies of all kinds."
You can't protect what you can't see. Aceiss solves the problem of access observability for enterprises to deliver unprecedented visibility into user access, without the expensive, often years-long implementations of traditional access solutions. Built on zero-trust fundamentals, Aceiss immediately verifies access, contextualizes activity, and surfaces least privilege for critical infrastructure across regulated industries, including financial services and healthcare. The company is backed by premier investors, including Canaan, Insight Partners, and Connecticut Innovations. For more information or to register for a trial of Aceiss, please visit www.aceiss.com.
Media Contact
press@aceiss.com
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SOURCE Aceiss | https://www.kxii.com/prnewswire/2022/08/17/you-cant-protect-what-you-cant-see-aceiss-raises-325-million-enable-next-era-access-visibility/ | 2022-08-17T16:05:31Z |
BEIJING (AP) — Chinese leader Xi Jinping on Thursday said his government supports talks to resolve international disputes and opposes “wanton use” of sanctions.
Xi’s remarks confirm that China is sticking to its stance of refusing to criticize Russia’s invasion of Ukraine despite the conflict’s toll on the Ukrainian population and global security.
Beijing has refused to call the conflict an invasion and said Russia was provoked by NATO’s expansion.
Despite that, Xi said China remains “committed to respecting the sovereignty and territorial integrity of all countries” and non-interference in their internal affairs.
“We stay committed to peacefully resolving differences and disputes between countries through dialogue and consultation, support all efforts conducive to the peaceful settlement of crises, reject double standards, and oppose the wanton use of unilateral sanctions and long-arm jurisdiction,” Xi said in in a televised address to an international forum in the southern island province of Hainan.
China has abstained or voted with Russia on recent proposals brought before the United Nations, and China’s state-controlled media have amplified Russian disinformation about Ukraine staging attacks and producing biological weapons with U.S. cooperation.
Xi met with Putin in Beijing less than a month before Russia launched its Feb. 24 invasion, with the two sides issuing a joint statement affirming their “no limits” relationship.
China has maintained its support for Moscow despite possible war crimes committed by Russian troops and says it maintains normal economic ties between the countries despite the imposition of economic sanctions by other nations.
China is also believed to be studying the Ukraine crisis for how it might later affect its policy toward Taiwan, the self-governing island democracy it threatens to invade to bring it under its own control. Taiwan and China split during a civil war in 1949, but China claims the island as its own territory.
U.S. Defense Secretary Lloyd Austin on Wednesday spoke with his Chinese counterpart for the first time since becoming Pentagon chief more than a year ago, breaking a communications impasse that American officials saw as increasingly dangerous.
Austin, who calls China the U.S. military’s leading long-term challenge but has been forced to focus heavily on Russia this year, requested the telephone conversation with Gen. Wei Fenghe after months of failed efforts to speak with Gen. Xu Qiliang, the highest ranking uniformed officer in the Communist Party military structure.
At a daily briefing Thursday, Foreign Ministry spokesperson Wang Wenbin said China has “always opposed unilateral sanctions and long-arm jurisdiction that lack a basis in international law and are not authorized by the (United Nations) Security Council.”
“Sanctions are not the right way to de-escalate tensions, end wars or avoid casualties, but will only exacerbate conflicts, increase spillover and make the world pay more,” Wang said. | https://cw33.com/news/international/ap-international/chinas-xi-urges-dispute-resolution-opposes-sanctions/ | 2022-04-21T21:50:29Z |
BELTSVILLE, Md., Aug. 15, 2022 /PRNewswire/ -- BulletinHealthcare, a leading provider of news briefings for top U.S. medical associations, today announced that it has launched its latest briefing for members of the American Academy of Family Physicians (AAFP), Family Medicine Today.
Family Medicine Today is distributed via email to AAFP members by 9:00 a.m. ET every weekday morning. The publication provides family medicine physicians with relevant medical, practice management, and health policy news, delivered directly to their inbox in a concise, user-friendly format. The content of the briefings follows BulletinHealthcare's signature curation and distillation of the day's most important news stories, selected from thousands of sources by its team of healthcare analysts.
"We are pleased to partner with the American Academy of Family Physicians to produce an exciting publication to serve their members," said Danielle Sturgis, Vice President of Partnerships at BulletinHealthcare. "Our analyst group is unmatched in their expertise in producing handcrafted news briefings for busy healthcare professionals. And, with this new partnership, BulletinHealthcare adds a valuable new audience to the nearly one million healthcare professionals we reach each day."
"The typical family physician sees more than 80 patients a week. As advocates for family physicians and their patients, the AAFP works to deliver high-value resources that give our members more time and energy for their patients," said Shawn Martin, Executive Vice President and Chief Executive Officer of the American Academy of Family Physicians. "In Family Medicine Today, BulletinHealthcare will curate content specifically for family physicians, providing a quick and convenient way for our members to stay current on news and trends that affect family medicine."
Advertising opportunities in AAFP's Family Medicine Today are now available, including special founding advertiser packages for 2022.
About BulletinHealthcare
BulletinHealthcare, a Cision® Insights solution, is a healthcare provider-focused digital publisher that – through partnerships with more than 30 leading medical associations and the Cleveland Clinic – curates and disseminates the stories and research that matter most to verified physicians, dentists, nurses, and other HCPs. BulletinHealthcare delivers nearly one million briefings every weekday to our partners' members and stakeholders.
For inquiries, please contact info@bulletinhealthcare.com.
About the American Academy of Family Physicians
Founded in 1947, the AAFP represents 127,600 physicians and medical students nationwide. It is the largest medical society devoted solely to primary care. Family physicians conduct approximately one in five office visits -- that's 192 million visits annually or 48 percent more than the next most visited medical specialty. Today, family physicians provide more care for America's underserved and rural populations than any other medical specialty. Family medicine's cornerstone is an ongoing, personal patient-physician relationship focused on integrated care. To learn more about the specialty of family medicine and the AAFP's positions on issues and clinical care, visit www.aafp.org. For information about health care, health conditions and wellness, please visit the AAFP's consumer website, www.familydoctor.org.
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SOURCE BulletinHealthcare | https://www.wibw.com/prnewswire/2022/08/15/bulletinhealthcare-launches-family-medicine-today-partnership-with-american-academy-family-physicians/ | 2022-08-15T15:48:22Z |
(The Hill) – The Biden administration on Wednesday unveiled $800 million in military equipment to Ukraine as Russia prepares to launch an offensive in the eastern part of the country.
The U.S. has rushed over $3.2 billion in security assistance to Ukraine since the beginning of the Biden administration, including $2.6 billion since Russia invaded Ukraine on Feb. 24.
Following a meeting with NATO Secretary-General Jens Stoltenberg last week, Ukraine’s foreign minister tweeted: “I came here today to discuss three most important things: weapons, weapons, and weapons.”
The most recent round of U.S. security assistance includes a mixture of arms and other supplies that Washington has already provided Kyiv, as well as new capabilities that had not previously been sent over.
Here is everything the U.S. has sent to Ukraine since Russia’s invasion of Ukraine began.
155 mm howitzers
As part of the Wednesday’s weapons package, the U.S. will for the first time send Ukraine 18 155mm howitzers and 40,000 artillery rounds.
The howitzer, which weighs 10,000 pounds, is a towed field artillery piece that can hit targets up to 30 kilometers, or 18 miles, away.
Pentagon press secretary John Kirby said Ukraine specifically asked for fire support and artillery support, and said the Howitzers are “reflective of the kind of fighting the Ukrainians are expecting to be faced with” in more confined geographic areas.
Mi-17 Helicopters
The $800 million package also includes 11 Mi-17 helicopters. Prior to Wednesday, the U.S. sent Ukraine five Mi-17 helicopters, bringing the total committed up to 16.
The Mi-17 is a Soviet-era transport helicopter that can also function as a helicopter gunship. It can carry as many as 30 passengers or 9,000 pounds of cargo.
The helicopters had originally been earmarked for Afghanistan, Kirby said. It was originally unclear whether Ukraine wanted them, White House press secretary Jen Psaki said this week, but they were ultimately included after Ukraine said they wanted them.
Switchblade drones
The U.S. has sent hundreds of Switchblade drones to Ukraine in separate installments since the middle of March.
A package announced on March 16 included “100 tactical unmanned aerial systems,” which were later revealed to be Switchblade drones.
The Pentagon provided more of the drones on April 3 as part of a $300 million security assistance package, and this week’s package includes an additional 300 switchblade drones.
There are two types of Switchblade drones manufactured by AeroVironment. The Switchblade 300, which is intended to target personnel and light vehicles, weighs less than five pounds and can fly roughly six miles and can hover over targets for about 15 minutes.
The Switchblade 600, a more advanced version of the drone meant to target tanks, weighs about 50 pounds, can fly over 24 miles, and can stay in the air for roughly 40 minutes.
The U.S. has provided both to Ukraine, though it’s unclear how many of each.
Radars
The $800 million weapons package announced Wednesday includes two different types of radars — ten AN/TPQ-36 counter-artillery radars and two AN/MPQ-64 Sentinel air surveillance radars.
The AN/TPQ-36 counter-artillery radar is a light-weight mobile radar set that can automatically detect and track incoming mortar, artillery and rocket-fire. When it detects a projectile, it can compute its location and be used to direct counter-fires
The AN/MPQ-64 Sentinel air surveillance radars is a 3-D radar that can alert and cue short range air defense weapons to the locations of hostile targets approaching front-line forces. They can track and identify cruise missiles, unmanned aerial vehicles, as well as rotary- and fixed-wing aircraft.
Stingers and Javelins
The U.S. has sent thousands of Stinger anti-aircraft missiles and Javelin anti-tank missiles to Ukraine.
The weapons, which can be deployed by ground troops to hit targets within short ranges, have been crucial in Ukraine’s ability to defend itself, U.S. defense officials have said.
“The Javelin, the Stingers have proven to be very, very effective in this fight,” Defense Secretary Lloyd Austin told the House Armed Services committee on April 5.
Here are other types of military equipment sent to Ukraine:
- Coastal defense drones
- Grenade launchers
- Rifles
- Pistols
- Machine guns
- Shot guns
- Body armor
- Helmets
- Patrol boats
- Medical equipment
- Chemical, Biological, Radiological, Nuclear protective equipment
- Demining equipment | https://cw33.com/news/here-are-all-the-weapons-the-us-is-sending-to-ukraine/ | 2022-04-15T17:43:45Z |
Which Under Armour duffel bag is best?
Duffel bags are among the most flexible pieces of packing gear you can own. You can stuff them to the brim as with any bag, but if you don’t need all of the space, they can collapse for easier travel. They also offer multiple ways to be carried, including handles, straps and even wheels.
The best Under Armour duffel bag is the Under Armour Adult Undeniable Duffel 4.0 Gym Bag. It comes in five sizes and 60 designs, but it’s always affordable.
What to know before you buy an Under Armour duffel bag
Size and capacity
Under Armour duffel bags come in many shapes, sizes and capacities. The dimensions are typically given in inches with capacities given in liters. For simplicity, they are divided into small, medium and large categories based on capacity, as sizes are highly varied.
- Small bags hold 25-50 liters. They’re best used as gym and carry-on bags.
- Medium bags hold 50-75 liters. They’re best used for standard traveling.
- Large bags hold 75 liters and up. They’re best used for transporting equipment, such as outdoor and sports-related gear.
Transportation method
Under Armour duffel bags are usually carried via handles or shoulder straps. Some larger bags also offer backpack-like straps. Some duffel bags even have wheels like suitcases, though under Armour doesn’t offer such a model.
- Handles and straps are available on every duffel bag no matter the size. They’re best used for minimal transportation, such as moving between your car and the gym or for moving through the airport.
- Backpack-like straps are better for longer carrying distances, such as when camping far from your car.
- Wheeled bags are best for transporting heavy bags over long distances. If you need a bag like this, you’ll need to look outside the Under Armour brand.
Design
Most Under Armour products are black and white, but this can be a little boring to some. So the company also offers multiple colorful designs to choose from. Look for one that speaks to your personality or buy several bags to match your gym outfits.
What to look for in a quality Under Armour duffel bag
Storage options
The best Under Armour duffel bags have multiple storage options scattered around the bag, rather than just one large central zone. Look for options such as vented side pockets in gym bags or multiple small pouches for storing little things such as your keys, phone and wallet.
Durability
Most Under Armour duffel bags offer the same set of functions to increase their durability: water and abrasion resistance. The product description points these out, so if you don’t see it, then it’s likely not to have it, and you should look for another bag.
You can also check user reviews to see if there are reports of bad stitching or seam breaks.
How much you can expect to spend on an Under Armour duffel bag
Under Armour duffel bags typically cost around $50. Depending on sales and the availability of special designs, costs may drop to $30-$40 or increase up to as much as $100-$150.
Under Armour duffel bag FAQ
How do I maintain an Under Armour duffel bag?
A. There’s one thing you shouldn’t do and one thing you should do to help your duffel bag last as long as possible.
What you shouldn’t do is overstuff it. Doing so puts too much strain on the zippers and seams, and can cause them to burst.
What you should do is wash it. Some Under Armour duffel bags are machine-washable, but most aren’t. Make sure to follow your bag’s care instructions to the letter.
What qualities should I prioritize when shopping for Under Armour duffel bags to use as carry-on luggage?
A. There are three qualities to prioritize: size, weight and softness. Airline size requirements vary — if you’re loyal to one airline, get a bag that meets their limits. Otherwise, stick to bags smaller than 22 by 14 by 9 inches. Weight requirements also vary, so choose the lightest bag possible. Lightweight bags also tend to be the softest, meaning they can be squeezed and contorted to fit inside the overhead bins in even the most precarious situations.
What’s the best Under Armour duffel bag to buy?
Top Under Armour duffel bag
Under Armour Adult Undeniable Duffel 4.0 Gym Bag
What you need to know: It’s roomy and easy to carry.
What you’ll love: It’s available in 60 designs, from simple black to colorful combinations. It comes in five sizes from XS to XL. It uses US Storm technology to resist the elements and has abrasion-resistant sides and bottom. It has two large zippered pockets on the front.
What you should consider: Some consumers received bags that weren’t the size they ordered. Others received bags with missing pieces or pieces that didn’t match the description.
Where to buy: Sold by Amazon and Dick’s Sporting Goods
Top Under Armour duffel bag for the money
Under Armour Storm UA Undeniable 3.0 Small Duffel Bag
What you need to know: It’s an older model but works just as well.
What you’ll love: There are four designs to choose from, including a classic black-and-blue camo and a postmodern swirl of pastel paints. It’s water-resistant and uses abrasion-resistant paneling for longevity. It has a large zippered front pocket for holding on to your wallet, keys and phone.
What you should consider: As a small bag, it doesn’t offer much storage space. Some customers found the shoulder strap uncomfortable. There’s no designated water bottle pouch.
Where to buy: Sold by Amazon
Worth checking out
Under Armour Undeniable Signature Duffel Bag
What you need to know: It’s marketed for women but anyone can take advantage of it.
What you’ll love: It’s made of polyester for durability and breathability, plus it’s machine-washable to make it an excellent gym bag. It has a vented pocket on one side for dirty clothes and a mesh pouch on the other side. It comes in 15 designs.
What you should consider: There isn’t as much storage space as some purchasers wanted. Others thought the fabric is on the thin side. There’s no water bottle slot.
Where to buy: Sold by Amazon and Dick’s Sporting Goods
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Jordan Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/sports-fitness-br/fitness-gear-br/best-under-armour-duffel-bag/ | 2022-05-11T15:41:08Z |
Dozens of pamphlets with hate symbols were left at a church and a synagogue as well as other areas of Hornell, New York, over the weekend, and three people have been arrested and charged with first-degree aggravated harassment, police said.
Aubrey Dragonetti, 31, Dylan Henry, 30, and Ryan Mulhollen, 27, each faces 115 counts of the felony charge -- one for each pamphlet that was allegedly placed in the community, Hornell Police Chief T.J. Murray told CNN.
The pamphlets and stickers contained the words "Aryan National Army" and included an image of a skull inside a swastika, Murray said. He added that authorities were alerted after a churchgoer attended a morning service and found one posted on the door of a church with a predominantly Black congregation.
"Then we went to a local park and within that park we ended up finding them scattered throughout the park and posted on different areas," Murray said. "Our patrols ended up intercepting the two males that were arrested as they were dispersing these items throughout the community."
The suspects made statements to authorities, Murray said, but he declined to provide details on what was said.
Murray told CNN he doesn't believe there's any active threat against the church or synagogue at this time and has offered the houses of worship extra security.
The police chief said he believed the three suspects "were all acting collectively" to distribute the pamphlets. CNN could not determine whether they have legal representation but has reached out to the suspects for comment.
Hornell Mayor John Buckley told CNN he was "shocked and appalled" by the distribution of hate symbols in the community, which he describes as an old railroad town that swells with visitors during the summer months and winter holidays. Hornell is roughly 85 miles southeast of downtown Buffalo.
"It's not reflective of who we are as a community here in Hornell," Buckley said. "Hornell is a very warm, welcoming and accepting community and there's no room for any hate whatsoever."
CNN has reached out to the local district attorney for comment about the case.
Stacker took a look at Recording Industry Association of America record sales data and compiled a list of the 42 bestselling albums of all time, measured by certified units sold. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/3-people-are-charged-after-police-say-pamphlets-with-hate-symbols-were-placed-at-houses/article_5a0e07b5-3c32-5a1e-8433-d00cd556bac4.html | 2022-07-14T05:18:17Z |
Heinz unveils plans to make ketchup bottles from paper
(CNN) - Heinz ketchup is going from red to green. The company has announced plans for the first ketchup brand with a paper bottle.
Heinz reports it is teaming up with packaging company Pulpex to make its iconic bottle renewable and recyclable by using 100% sustainably sourced wood pulp.
It comes when many other brands are launching environmentally friendly initiatives.
The Kraft Heinz Company has set several goals, including making all packaging recyclable, reusable, or compostable by 2025. It is also aiming to reach net-zero greenhouse gas emissions by the year 2050.
But it will be a while before you see a Heinz paper ketchup bottle.
The company reports it is developing a prototype that must be performance tested with additional consumer testing.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/21/heinz-unveils-plans-make-ketchup-bottles-paper/ | 2022-05-21T20:59:03Z |
Ocrolus helps Lendflow customers make smarter, faster lending decisions
NEW YORK, Aug. 15, 2022 /PRNewswire/ -- Ocrolus, the document and data analysis platform that helps financial services companies make high-quality decisions with trusted data, today announced it is working with Lendflow to quickly and accurately determine the viability of borrowers and provide critical access to capital.
Lendflow, a leader in embedded SMB lending, is leveraging Ocrolus' document automation technology to analyze data from documents—such as bank statements, W-2s, and business tax returns—and provide critical insight into a business' revenue, daily balances, and more. Ocrolus provides Lendflow with insights into a borrower's cash flow to determine where a loan application should be routed within its lender network. Lendflow also uses individual cash flow metrics provided by Ocrolus in its credit decisioning engine, which enables lenders to efficiently process SMB credit applications.
"In a challenging economic environment with rising interest rates, small businesses are finding it difficult to access credit from traditional financial institutions that are tightening lending criteria in an effort to mitigate risk," said John Forrester, SVP of Product at Ocrolus. "Lendflow has really stepped in to enable every lender, fintech or SaaS company serving SMBs to provide faster, easier, and cheaper access to credit."
"Ocrolus has enabled us to drive efficiencies and automation at scale," said Jon Fry, CEO and Co-founder of Lendflow. "With Ocrolus, our customers can launch new credit products and get to market quickly, as cash flow analysis is at the core of the decisioning process. In turn, they can help their SMB customers with seamless and faster access to financing they didn't have before."
Industry leaders, like Lendflow, are increasingly turning to Ocrolus to power better, faster lending decisions through AI-powered automation. Ocrolus has more than 200 customers across small, midmarket, and enterprise segments and added over 40 new customers in the first half of 2022. The company processes more than 200,000 small business loan applications every month.
To learn more about how Lendflow and Ocrolus are digitizing SMB lending, register for the fireside chat on Wednesday, August 17 at 1pm ET.
Ocrolus is a document automation platform that powers the digital lending ecosystem, automating credit decisions across small business, mortgage, and consumer lending. Ocrolus enables financial services firms to make high quality decisions with trusted data and detect fraud with unparalleled efficiency. The company has raised over $100 million from blue-chip fintech investors. Visit ocrolus.com to learn more.
Lendflow is a technology leader that provides embedded credit infrastructure for fintechs, lenders and vertical SaaS platforms to build, embed and launch credit products. Lendflow combines a powerful decisioning engine that includes data aggregation, decisioning, monitoring and scoring with a robust marketplace of specialized lenders and contextually embedded product placements. With Lendflow, fintechs can launch credit products in days, SaaS companies can increase customer engagement and retention with embedded credit, lenders can expand their reach to qualified SMBs and SMBs can quickly access capital to power their growth.
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SOURCE Ocrolus, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/15/lendflow-taps-ocrolus-improve-access-credit-small-businesses/ | 2022-08-15T14:31:16Z |
Former All-Star catcher John Stearns dies at 71
DENVER (AP) — John Stearns, a four-time time All-Star catcher with the New York Mets, has died after a long battle with cancer. He was 71.
Stearns, who played football and baseball at the University of Colorado, died Thursday night in Denver, according to the Mets.
He passed away less than three weeks after attending an Old Timers’ Day at Citi Field in New York that coincided with the Mets’ 60th anniversary. He was noticeably thin in his Mets jersey on Aug. 27 and waved to the crowd when he was introduced on the field.
“No one played the game with more spirit or determination than John Stearns,” Mets President Sandy Alderson said Friday in a statement. “He literally willed himself to attend Old Timers’ Day last month so he could visit friends and old teammates. Despite his illness, he even managed to step into the batting cage to take a few swings. His nickname, ‘Bad Dude’ couldn’t have been more appropriate.”
Stearns was a complete catcher. He could hit, run and throw out baserunners, nailing almost 38% of those who attempted to steal.
Stearns was a late draft pick as a defensive back by the NFL’s Buffalo Bills in 1973. The Philadelphia Phillies took him second overall that same year and he opted to play baseball.
With Bob Boone behind the plate for the Phillies, Stearns never really had a chance to play in Philadelphia after struggling early with his hitting. After appearing in one game for the Phillies in 1974, he was traded to the Mets as part of the multiplayer deal that sent relief pitcher Tug McGraw to Philadelphia.
Stearns played with the Mets from 1975-84 in a tenure that included frequent battles with injuries. He was named an All-Star in 1977, ‘79, ‘80 and 82. He had a career batting average of .260 in 810 games with 152 doubles, 10 triples and 46 home runs. He also stole 91 bases, including a team-high 25 in 1978.
A former safety and punter in college, Stearns was solid and feisty. Pirates star Dave Parker sustained a broken collarbone in one collision with Stearns in 1978 and future Mets star catcher Gary Carter got into a fight with him after another collision at home in ‘79.
One other incident Mets fans will remember is Stearns tackling one of two fans who ran on the field in 1980 and eluded authorities a little too long for his liking.
After retiring as a player, he served in a number of baseball jobs as a scout with Milwaukee, a bullpen coach for the Yankees, a minor league manager for Toronto and as a scout and coach for the Orioles.
He returned to the Mets as a coach in 2000 for two years under Bobby Valentine and later as a scout and minor league coach.
Stearns became an entertaining figure for a national audience when cameras and microphones memorably caught him shouting in the dugout, “The monster is out of the cage! The monster is out of the cage!” as Hall of Fame slugger Mike Piazza began breaking out of a hitting slump during the 2000 postseason.
“John was such a key part of our staff,” Valentine said. “He had a unique way of lighting a fire under the guys. Every time we spoke by phone, he kept telling me he was going to beat this thing. That was John Stearns to a tee.”
Stearns is survived by his son, Justin, brothers, Richard and William and his sister, Carla.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/16/former-all-star-catcher-john-stearns-dies-71/ | 2022-09-16T17:05:55Z |
CHICAGO, June 27, 2022 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of an affiliate of Capitol Pain Institute (CPI), a portfolio company of New State Capital Partners, by Iron Path Capital. BGL's Healthcare & Life Sciences investment banking team served as the exclusive financial advisor to CPI in the transaction. The specific terms of the transaction were not disclosed. The transaction builds upon BGL's market leadership position in advising physician practices and related ancillary services.
Founded in 2007 by Dr. Matthew Shocket, CPI is an interventional pain management provider focused on providing the highest level of quality, evidence-based pain management care. CPI offers a broad range of services with an emphasis on advanced interventional pain management including spinal cord and peripheral nerve stimulation, interspinous stabilization and fixation, and posterior SI joint fusion. With clinics and ambulatory surgical centers across Texas, Ohio, and Kentucky, CPI is focused on expanding their quality patient care across the West and Midwest to build a leading national platform.
Iron Path Capital is an operationally focused private equity firm focused on lower-middle-market investments across the healthcare and specialty industrial sectors. With offices in Nashville, TN, and Charlottesville, VA, Iron Path Capital supports its partners with capital, operating expertise, business development, and industry relationships to achieve significant scale. Iron Path Capital selects companies with stable cash flows, superior management teams, strong performance trajectories, and multiple vectors for growth, both organic and through consolidation.
This transaction will enable CPI to expand its national footprint by affiliating with independent pain management practices and building de novo clinics and ambulatory surgical centers. The platform intends to support corporate functions at affiliated practices, thereby allowing physicians to focus on best serving their patients, local communities, and the scientific community. CPI is actively building its network of top clinicians who are interested in joining a physician-led platform.
BGL's Healthcare Provider Services Group is one of the most experienced and respected financial advisory teams in the U.S. for physician practice M&A and related technical services, with a long track record of expertise in physician practice valuation and in successfully advising physicians and alternate site providers through strategic transactions like selling a physician practice.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, Los Angeles, and Philadelphia, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com.
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SOURCE Brown Gibbons Lang & Company | https://www.kxii.com/prnewswire/2022/06/28/bgl-announces-recapitalization-capitol-pain-institute-by-iron-path-capital/ | 2022-06-28T04:17:40Z |
Georgia toddler finds missing elderly woman while playing with bubbles
SENOIA, Ga. (WGCL/Gray News) - A toddler in Georgia is being credited for helping find an elderly woman who had been missing for four days, WGCL reported.
Last Friday, Brittany Moore and her son, Ethan, were playing with bubbles in their backyard when the bubbles drifted toward the family’s fence line.
Ethan and the dogs chased the bubbles, but something in the woods caught Ethan’s eye.
“I went over there and was like, ‘What do you see, buddy?’ and he pointed and said, ‘Feet,’” Moore said. “‘OK, buddy can you say that again? What did you say?’ And he said, ‘Feet.’”
Moore said she did not see anything until she crouched down to her son’s level and looked where he was pointing. It was at this point that she noticed a pair of feet.
“If you get on his level and look through, you can see some of the broken sticks and that’s where she was laying,” she said. “I didn’t know if I needed to go into fight or flight because I had my little boy out here and the other inside.”
Moore said she panicked but called for help. When first responders arrived, they realized it was 82-year-old Nina Lipscomb, who had been missing since last Monday night, according to her family.
Authorities and community members had been actively searching for Lipscomb since she disappeared. Investigators even used thermal technology to search for Lipscomb, who has early-stage Alzheimer’s. She was alive but disoriented when Ethan spotted her less than a quarter of a mile from where she was last seen.
“We pulled out every resource we thought we needed, but it was a little boy who found her, and she’s very fond of children,” Nina Lipscomb’s daughter, Karen Lipscomb, said.
Karen Lipscomb said her mother told her she left the house to go look for her deceased sister.
“Her sister lived here in this house, but she passed away in March, but growing up they lived on Glacier Road, which is just around the corner,” she said.
Monday afternoon, Nina met Ethan shortly after being released from the hospital. Her family said the toddler likely saved her life.
The families said they are forever connected all because a little boy wanted to play outside with his bubbles.
“I truly think this was something outside of what any human could do,” Moore said. “It took a child who was being worked by God. We will always teach him what he did, how he played an impact in it.”
The Lipscomb family offered to give the Moore family reward money, but they refused.
Nina Lipscomb turns 83 on Friday.
Copyright 2022 WGCL via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/16/georgia-toddler-finds-missing-elderly-woman-while-playing-with-bubbles/ | 2022-08-16T14:37:08Z |
Naomi Judd’s family asks court to seal report of death investigation
NASHVILLE, Tenn. (AP) — The family of country singer Naomi Judd filed a court petition Friday to seal police reports and recordings made during the investigation into her death.
The family filed the petition in Williamson County Chancery Court, saying the records contain video and audio interviews with relatives in the immediate aftermath of Judd’s death, and releasing such details would inflict “significant trauma and irreparable harm.”
The petition was filed on behalf of her husband Larry Strickland and her daughters Ashley and Wynonna Judd. A representative provided it to The Associated Press with the family’s permission.
Judd, 76, died on April 30 at her home in Tennessee. Her daughter Ashley has previously said that her mother she killed herself, and the family said she was lost to “the disease of mental illness.”
The court filing also included details about how Ashley Judd found her mother alive after she shot herself. Ashley stayed by her mother’s side for 30 minutes until help arrived.
The petition asks the court to prohibit the Williamson County Sheriff’s Office from releasing the records for several reasons, including that the disclosure would include her medical records and that the family has a right to privacy.
Tennessee public records law generally allows local law enforcement records to be released, but police have the discretion to hold records while an investigation is ongoing. Once an investigation is closed, that exemption no longer applies.
Strickland and Ashley Judd both submitted statements outlining their concerns about the records. Strickland said in the court filing that he was unaware that his interviews with law enforcement were being recorded and that he shared personal and private information to assist in the investigation.
Ashley Judd said she was in “clinical shock, active trauma and acute distress” when she spoke with law enforcement and that she did not want those records, including video, audio and photos, to permanently stay in the public domain and haunt their family for generations.
The petition said that media outlets in Tennessee had already filed public records requests in her case.
Judd’s death the day before she was due to be inducted into the Country Music Hall of Fame has garnered intense national media attention on the cause of her death, but also on the filing of estate and will paperwork.
A statement from the family said that misinformation about the Judds was being spread and they wanted to state the facts, while also protecting their grieving process.
“Our family continues to grieve together privately, in unity and community, recognizing our mother’s beauty and talents as a gift to the world,” the family statement said. “There has been misinformation circulated as we continue to mourn and we lament that. We ask news organizations only to cover facts. And as we recognize other families struggling as a loved one faces mental health crises, we encourage them to seek help through NAMI: The National Alliance on Mental Illness available 24 hours a day at 800-950-6264.”
Naomi and her daughter Wynonna Judd scored 14 No. 1 songs in a career that spanned nearly three decades. The red-headed duo combined the traditional Appalachian sounds of bluegrass with polished pop stylings, scoring hit after hit in the 1980s. Wynonna led the duo with her powerful vocals, while Naomi provided harmonies and stylish looks on stage.
TheJuddsreleased six studio albums and an EP between 1984 and 1991 and won nine Country Music Association Awards and seven from the Academy of Country Music. They earned a total of five Grammy Awards together on hits like “Why Not Me” and “Give A Little Love,” and Naomi earned a sixth Grammy for writing “Love Can Build a Bridge.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/12/naomi-judds-family-asks-court-seal-report-death-investigation/ | 2022-08-12T20:29:47Z |
Pelosi: China cannot stop US officials from visiting Taiwan
TOKYO (AP) — U.S. House Speaker Nancy Pelosi said Friday that China will not isolate Taiwan by preventing U.S. officials from traveling there.
She made the remarks in Tokyo, the final leg of an Asia tour highlighted by a visit to Taiwan that infuriated China.
Pelosi, the first House speaker to visit Taiwan in 25 years, said Wednesday in Taipei that the U.S. commitment to democracy in the self-governing island and elsewhere “remains ironclad.”
Pelosi and five other members of Congress arrived in Tokyo late Thursday after visiting Singapore, Malaysia, Taiwan and South Korea.
China, which claims Taiwan and has threatened to annex it by force if necessary, called her visit to the island a provocation and on Thursday began military drills, including missile firing, in six zones surrounding Taiwan.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
Japanese Prime Minister Fumio Kishida said Friday that China’s military exercises aimed at Taiwan represent a “grave problem” that threatens regional peace and security after five ballistic missiles launched as part of the drills landed in Japan’s exclusive economic zone.
Kishida, speaking after breakfast with U.S. House Speaker Nancy Pelosi and her congressional delegation, said the missile launches need to be “stopped immediately.”
China, which claims Taiwan and has threatened to annex it by force if necessary, called Pelosi’s visit earlier this week to the self-ruled island a provocation and on Thursday began military exercises, including missile strike training, in six zones surrounding Taiwan, in what could be its biggest since the mid-1990s.
In Taipei on Wednesday, Pelosi said the American commitment to democracy in Taiwan and elsewhere “remains ironclad.” She became the first House speaker to visit the island in 25 years.
Japanese Defense Minister Nobuo Kishi said five missiles landed on Thursday in Japan’s exclusive economic zone off Hateruma, an island far south of Japan’s main islands. He said Japan protested to China, saying the missiles “threatened Japan’s national security and the lives of the Japanese people, which we strongly condemn.”
Japanese Foreign Minister Yoshimasa Hayashi, attending a regional meeting in Cambodia, said China’s actions are “severely impacting peace and stability in the region and the international community, and we demand the immediate suspension of the military exercises.”
Japan has in recent years bolstered its defense capability and troop presence in southwestern Japan and remote islands, including Okinawa, which is about 700 kilometers (420 miles) northeast of Taiwan. Many residents say they worry their island will be quickly embroiled in any Taiwan conflict. Okinawa is home to the majority of about 50,000 American troops based in Japan under a bilateral security pact.
At the breakfast earlier Friday, Pelosi and her congressional delegation also discussed their shared security concern over China, North Korea and Russia, and pledged their commitment to working toward peace and stability in Taiwan, Kishida said. Pelosi also was to hold talks with her Japanese counterpart, lower house Speaker Hiroyuki Hosoda.
Japan and its key ally, America, have been pushing for new security and economic frameworks with other democracies in the Indo-Pacific region and Europe as a counter to China’s growing influence amid rising tensions between Beijing and Taipei.
Days before Pelosi’s Taiwan visit, a group of senior Japanese lawmakers, including former Defense Minister Shigeru Ishiba, visited the island and discussed regional security with Taiwanese President Tsai Ing-wen. Ishiba said Japan, while working with the United States to prevent conflict in the Indo-Pacific, wants a defense agreement with Taiwan.
On Thursday, the foreign ministers of the Group of Seven industrialized nations issued a statement saying “there is no justification to use a visit as pretext for aggressive military activity in the Taiwan Strait.” It said China’s “escalatory response risks increasing tensions and destabilizing the region.”
China cited its displeasure over the statement for the last-minute cancellation of talks between the Chinese and Japanese foreign ministers on the sidelines of the Association of Southeast Asian Nations meeting in Cambodia on Thursday.
Pelosi held talks on Thursday in South Korea, also a key U.S. ally, which stayed away from the Taiwan issue, apparently to avoid upsetting China, focusing instead on North Korea’s increasing nuclear threat.
In recent years, South Korea has been struggling to strike a balance between the United States and China as their rivalry has deepened.
The Chinese military exercises launched Thursday involve its navy, air force and other departments and are to last until Sunday. They include missile strikes on targets in the seas north and south of the island in an echo of the last major Chinese military drills in 1995 and 1996 aimed at intimidating Taiwan’s leaders and voters.
Taiwan has put its military on alert and staged civil defense drills, while the U.S. has numerous naval assets in the area.
China also flew war planes toward Taiwan and blocked imports of its citrus and fish.
China sees the island as a breakaway province and considers visits to Taiwan by foreign officials as recognizing its sovereignty.
The Biden administration and Pelosi have said the United States remains committed to the so-called one-China policy, which recognizes Beijing as the government of China but allows informal relations and defense ties with Taipei. The administration discouraged but did not prevent Pelosi from visiting.
Pelosi has been a long-time advocate of human rights in China. She, along with other lawmakers, visited Beijing’s Tiananmen Square in 1991 to support democracy two years after a bloody military crackdown on protesters at the square.
As leader of the House of Representatives, Pelosi’s trip has heightened U.S.-China tensions more than visits by other members of Congress. The last House speaker to visit Taiwan was Newt Gingrich in 1997.
China and Taiwan, which split in 1949 after a civil war, have no official relations but multibillion-dollar business ties.
___
Associated Press writers Hyung-jin Kim in Seoul, South Korea, and Huizhong Wu in Taipei, Taiwan, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/05/pelosi-china-cannot-stop-us-officials-visiting-taiwan/ | 2022-08-05T03:06:36Z |
WHIPPANY, N.J., June 24, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives, partnered with Big Brothers Big Sisters of Central Montana to provide matching funds for Bigs (adult volunteers), Littles (kids ages 6-18), families and waiting Littles (kids under 6 years old) to enjoy Flying Giant Adventure Park as part of the non-profit's summer celebration.
Big Brothers Big Sisters helps children by adding another positive adult to their lives in the form of a mentor. They make meaningful, monitored matches between adult volunteers and children, ages 6 through 18, in Helena, Boulder, and Great Falls, and develop positive relationships that have a direct and lasting effect on the lives of young people.
"Suburban Propane is proud to support the Big Brothers Big Sisters of Central Montana's mission to help enrich the lives of children in the area through positive mentorship," said Nandini Sankara, Spokesperson, Suburban Propane. "As a supporter of impactful community initiatives across the nation, we understand how important local support can be for families and we hope this experience was a positive and fun start to the summer."
The partnership is part of the company's SuburbanCares initiative which is dedicated to supporting community efforts across the United States. Recently, SuburbanCares has undertaken charitable endeavors in numerous underserved communities; including Charlotte, NC; Lewes, DE; San Diego, CA; Albany, NY; Dayton, OH; Philadelphia, PA; Santa Fe, NM; Santa Rosa, CA; Columbia and Charleston, SC; New Brunswick, NJ; and has fed healthcare professionals in some of the most COVID-19 affected regions in the nation; including Florida, California, Texas, Maryland, New Jersey, New York and Washington, D.C.
"The mission of Big Brothers Big Sisters of Central Montana is to create and support one-to-one mentoring relationships that ignite the power and promise of youth," said Claire O'Connell, Enrollment Specialist & Office Manager. "Suburban Propane's donation will enable us to create four new matches between a "Big" and a "Little." Our Bigs are volunteer mentors who help youth achieve their full potential. We are very grateful for the timely and generous support from Suburban Propane."
Representatives from Suburban Propane partnered with members of Big Brothers Big Sisters of Central Montana to provide matching funds for the non-profit's summer celebration at Flying Giant Adventure Park in Helena, Montana. The effort is part of Suburban Propane's SuburbanCares initiative in communities across the nation.
Suburban Propane Partners, L.P. is a publicly traded master limited partnership listed on the New York Stock Exchange under the ticker symbol SPH. Headquartered in Whippany, New Jersey, Suburban has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon fuel alternatives. The Partnership serves the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 states. The Partnership is supported by three core pillars: (1) Suburban Commitment – showcasing the Partnership's 90+ year legacy, and ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores the Partnership's commitment to excellence in customer service; (2) SuburbanCares – highlighting the Partnership's continued dedication to giving back to local communities across the Partnership's national footprint and (3) Go Green with Suburban Propane - promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and developing the next generation of renewable energy.
For additional information on Suburban Propane, please visit www.suburbanpropane.com.
Founded in 1904, Big Brothers Big Sisters of America is the largest and most experienced youth mentoring organization in the United States. The mission of Big Brothers Big Sisters of America is to create and support one-to-one mentoring relationships that ignite the power and promise of youth. Big Brothers Big Sisters' evidence-based approach is designed to create positive youth outcomes, including educational success, avoidance of risky behaviors, higher aspirations, greater confidence, and improved relationships. Big Brothers Big Sisters has over 230 local agencies serving more than 5,000 communities across all 50 states. For more information, visit: www.bigbrothersbigsisters.org.
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SOURCE Suburban Propane Partners, L.P. | https://www.mysuncoast.com/prnewswire/2022/06/24/suburban-propane-partners-with-big-brothers-big-sisters-central-montana-provide-matching-funds-summer-celebration/ | 2022-06-24T16:24:42Z |
How to get tickets to Beyond Van Gogh in Sarasota
Published: Mar. 4, 2022 at 1:51 PM EST
SARASOTA, Fla. (WWSB) - Beyond Van Gogh: The Immersive Experience is open through April 24 in Sarasota at the temporary Starry Night Pavilion at University Town Center.
The multimedia experience allows viewers to walk through over 300 iconic artworks including instantly-recognizable classics “The Starry Night”, “Sunflowers”, and “Cafe Terrace at Night.” The scenes are accompanied by interactive elements and music. It usually takes an hour to get through the exhibit.
The hours of operation are:
Sunday – Thursday: 10am – 9pm (last entry 8pm)
Friday & Saturday: 10am – 10pm (last entry 9pm)
For information on tickets, click here.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/03/04/how-get-tickets-beyond-van-gogh-sarasota/ | 2022-06-08T19:44:11Z |
BEIJING, July 7, 2022 /PRNewswire/ -- Bairong Inc. ("Bairong" or "the Company", 6608.HK), a leading independent AI-powered technology platform in China, has been added to the MSCI China All Shares Small Cap Index, which has been implemented as of the close of May 31, 2022.
MSCI is a leading provider of critical decision support tools and services for the global investment community. It announced the results of the May 2022 Semi-Annual Index Review for the MSCI Equity Indexes, including the MSCI China All Shares Indexes, last month.
Aiming to empower financial services providers in China, Bairong is committed to supporting the digital transformation of China's financial industry. With smart analytics services and solutions covering the whole business process, Bairong's client base includes the majority of state-owned banks, regional banks, consumer finance companies and main insurance companies. By the end of the first quarter of 2022, the Company provided services to 5,900 FSP clients in China, including 3,501 paying FSP clients.
To help the financial industry better understand the trend of future financial services in the next decade and the urgency and imperative for digital transformation, Bairong, together with the Outlook Think Tank, recently released "The Second Half of Digitalization: White Paper on Digital Transformation for Banks".
Opening and converging are becoming the foremost trends for the financial industry in China over the next decade, according to the white paper. After digitalization of services and operations, banks need to further digitalize customers' demands and provide differentiated services based on accurate understanding of their needs.
As a result, the digital transformation for banks is entering the "opening" stage, which will enable diversified and superior services for customers. For example, banks are opening to offer consumers with daily life services, such as ordering food deliveries, buying movie tickets, and booking travels. For institutions, banks can provide new value-added services, including smart salary calculation, smart office, and smart accounting.
Opening is leading to converging as banks need to deepen the cooperation with partners for opening more services, based on privacy computing to ensure data security. Meanwhile, it is also imperative for banks to converge financial services with more scenarios to cover consumers' daily lives.
Different types of banks can take different approaches for digital transformation, said the white paper. Large state-owned banks can upgrade their entire ecosystems based on cloud, AI and blockchain technologies. Small and medium-sized banks should focus on regional ecosystem to better serve regional customers. Internet banks can continue to deepen digitalization of services with digital modules.
Targeting key pain points in banks' digital transformation drive, the white paper also provided suggestions for banks. First, banks should set up clear direction, path and rhythm for digital transformation based on their mission and overall strategy. Secondly, banks should focus on key business areas for digital transformation, including industrial finance, inclusive finance, consumer finance and wealth management. Thirdly, banks should strengthen digital risk management, deepen digital customer relationship and improve digital customer experience.
About Bairong Inc.
Founded in March 2014, Bairong is a leading independent AI-powered technology platform in China serving more than 5,900 financial services provider clients. Bairong was the largest independent financial big data analytics solutions provider in China. Adhering to the mission of empowering every financial services provider in China with smart and comprehensive data analytics, Bairong has built a cloud-native technology platform that supports the full business cycle of FSP clients, including data analytics, decision-making support and smart consumer operation solutions, enabling them to improve risk management ability, promote user activity and operational efficiency. Bairong also provides big data marketing and distribution services that enable FSP clients to reach and serve their target customers more effectively.
For more information, please visit Bairong.
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SOURCE Bairong Inc. | https://www.kxii.com/prnewswire/2022/07/07/bairong-inc-included-msci-china-all-shares-small-cap-index/ | 2022-07-07T09:15:25Z |
Partnership brings together two dynamic forces in sport and sneaker culture
Thousands of new officially licensed league, team, and player products will be available to Foot Locker shoppers from Fanatics' industry-leading assortment
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) ("Foot Locker"), the New York-based specialty athletic retailer, and Fanatics, a global digital sports platform, announce a new long-term connected inventory partnership that will significantly broaden the officially-licensed fan gear and merchandise assortment available online to Foot Locker shoppers. Through this new deal, Foot Locker will continue to power the front-end online and mobile customer experience across its portfolio of e-commerce brands, while orders will be fulfilled by Fanatics.
"We are excited to partner with Fanatics as we continue to enrich our assortment, provide more choice to our consumer, and enhance our omni-channel positioning," said Andrew Gray, Executive Vice President, Global Lockers and Champs Sports, Foot Locker, Inc. "Pairing Foot Locker's leadership in sneaker culture with the sports fan and assortment power of Fanatics is a natural fit. Bringing together these two dynamic forces will drive and serve sport and sneaker culture in exciting ways."
Beginning in the fall, shoppers visiting footlocker.com, kidsfootlocker.com, and champssports.com will have access to a significant portion of Fanatics' industry-leading licensed sports merchandise assortment, featuring teams and players from the top leagues and sports properties, including the NFL, NBA, MLB, NHL, WNBA, and NCAA. The collection, with sizing and options for all members of the family, is highlighted by apparel, jerseys, headwear, and hardgoods across a wide-ranging portfolio of brands, such as Fanatics, Nike, adidas, Mitchell & Ness, New Era, Pro Standard, and WEAR by Erin Andrews. Fanatics will also extend its hot market and championship collections as part of the deal, featuring products from some of the sports world's biggest moments.
"Fanatics is thrilled to partner with Foot Locker and bring a broad, tailored assortment from its leading product catalogue to online shoppers," said Jack Boyle, Fanatics Commerce Global Co-President, Direct-to-Consumer. "Foot Locker, Kids Foot Locker, and Champs Sports are trusted, respected consumer brands and we're delighted to now offer Fanatics' customers an incredible selection of quality fan gear for all members of the family."
About Foot Locker, Inc.
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands, including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, and Sidestep. With approximately 2,800 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand, as well as websites and mobile apps, Foot Locker, Inc.'s purpose is to inspire and empower youth culture around the world by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information, please visit footlocker-inc.com.
About Fanatics
Fanatics, Inc. is the ultimate one-stop sports fan destination that ignites and harnesses the passion of fans and maximizes the presence and reach for preeminent sports partners globally. Leveraging long-standing relationships with more than 900 sports properties, a database of more than 80 million consumers worldwide and a trusted brand name, Fanatics is furthering its innovation across the sports landscape by building the leading global digital sports platform, complete with offerings including licensed merchandise, physical and digital trading cards and collectibles and online gambling and iGaming.
For additional information please visit www.fanaticsinc.com.
Media Contacts
Cara Tocci
Vice President, Corporate Communications, Foot Locker, Inc.
cara.tocci@footlocker.com
(914) 582-0304
Brandon Williams
Fanatics
brawilliams@fanatics.com
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SOURCE Foot Locker, Inc. | https://www.kxii.com/prnewswire/2022/08/19/foot-locker-inc-fanatics-team-up-expand-licensed-sports-product-offering-fans/ | 2022-08-19T12:11:34Z |
The Ultimate Restaurant & Entertainment Venue is Giving Guests a Great Way to Eat,
Play, and Win for Less During April
DALLAS, April 5, 2022 /PRNewswire/ -- Dave & Busters, the ultimate restaurant & entertainment destination, announced today its incredibly popular Eat & Play Combo returned on Monday, March 28th to more than 140 locations nationwide. With the Eat & Play Combo, guests get a Game Card and an entree for only $19.99.
"You'll always get a great entertainment experience at Dave & Buster's, but this April, with the Eat & Play Combo, you'll get that winning feeling at an amazing price," said Brandon Coleman III, SVP & CMO of Dave & Buster's. "We believe everyone could really use more fun right now, so we decided to bring back this fan-favorite for the month of April. There are some great new dishes along with our popular classics—plus you get to experience all the fun of our new games. You really can't beat this deal."
Back by popular demand, and for a limited time only (March 28—May 1), guests can enjoy their choice of one of seven chef-crafted entrées plus a $10 Power Card® for just $19.99. Guests who want to play more can double their fun with an entrée and a $20 Power Card for $27.99; an entrée and $35 Power Card for $39.99; or, best of all, an entrée and $75 Power Card for $78.99.
Eat & Play Combo Entrée options include:
- Buster's All-American Cheeseburger
- Lagunitas IPA Fish & Chips
- Chicken Avocado Club
- Southern Cobb Salad
- Double Pepperoni Flatbread
- Voodoo Pasta
- Parmesan Chicken
There's nothing quite like the amazing food and games offered by Dave & Buster's. And while each location has a unique selection of entertainment, all Dave & Buster's provide an exciting environment for you to let loose and to share that winning feeling with your friends and family.
For more information about Dave & Buster's or the Eat & Play combo, visit www.daveandbusters.com.
About Dave & Buster's:
Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY), headquartered in Dallas, TX operates high-volume restaurant/entertainment complexes throughout North America. Each Dave & Buster's offers an impressive selection of high-quality food and beverage items, combined with the latest games and attractions. Guests can watch sporting events in the D&B Sports Bar and play state-of-the-art simulators and games of skill they can't play anywhere else. For more information, please visit www.daveandbusters.com.
Media contact: Cooper Nye, cooper.nye@edelman.com
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SOURCE Dave & Buster’s | https://www.kxii.com/prnewswire/2022/04/05/dave-amp-busters-is-bringing-back-famous-eat-amp-play-combo-limited-time/ | 2022-04-05T14:23:39Z |
KIGALI, Rwanda (AP) — Rwanda’s military says a Congolese soldier crossed the border and began shooting at Rwandan security forces and civilians before being shot dead, the latest escalation in tensions between the countries.
A Rwanda Defense Force statement said the unidentified soldier crossed the border Friday morning in Rubavu district and injured two Rwandan police officers. The statement said a Rwanda National Police officer fired in self-defense and the Congolese soldier was killed.
The Rwandan statement said Congolese authorities have been informed and border officials from both countries were at the scene. Rwanda has asked that the incident be investigated by a body of military experts from regional states.
“The situation at the border is now calm,” Rwanda’s statement said.
A Congo government spokesman confirmed an “incident” but gave no details.
Decades-old tensions between Rwanda, which has one of Africa’s most effective militaries, and Congo, one of the continent’s largest and most troubled countries, have spiked along their shared border a few hours’ drive from Rwanda’s capital, Kigali. Alarm has reached the point where Kenya’s president is urging the immediate deployment of a newly created regional force to eastern Congo to keep the peace.
Each side has accused the other of incursions. Congo now seeks to suspend all agreements with Rwanda. If Rwanda wants war, “it will have war,” a spokesman for the military governor of Congo’s North Kivu province told thousands of protesters on Wednesday. | https://cw33.com/news/international/ap-international/rwanda-says-congolese-soldier-crossed-border-and-opened-fire/ | 2022-06-17T13:07:34Z |
CTO Nate Perry-Thistle to highlight ways healthcare leaders can utilize Google Cloud to enhance patient and provider journeys and boost engagement
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- CipherHealth, a leader in patient engagement technology and communications solutions, announced today that Nate Perry-Thistle, Chief Technology Officer, will participate in a roundtable discussion on how to enhance healthcare utilizing Google Cloud throughout the care continuum at the inaugural SADA IMPACT conference located at Sofi Stadium in Los Angeles, California on September 15, 2022.
Joining Perry-Thistle on the panel will be moderated by Michael Ames, Managing Director, Vertical Markets at SADA, and also feature Gregg Church, President at 4medica and Ian Shakil, Founder and Chief Strategy Officer at Augmedix. The session, "Healthcare impact: three unique technology companies making healthcare better for all of us," will address how healthcare companies can incorporate cloud-based technologies to improve patient and doctor experiences.
The panel will show how healthcare leaders can collect and digest massive amounts of data to support both patients and doctors at every stage of the journey. The panelists will explore specific use cases, from helping patients find the right clinicians to helping doctors make data-driven clinical decisions. At the heart of this discussion will be a focus on how leaders can improve the care experience and use technology to improve patient journeys, physician journeys, and data journeys. During the session, attendees will:
- Understand how leading healthcare innovators are utilizing cutting-edge technology to simplify healthcare journeys
- Discover best practices for incorporating Google Cloud in patient journeys to deliver optimal care and engagement
- Uncover ways to reduce spending and labor costs by implementing cloud-driven data solutions
The panel is scheduled for Thursday, September 15, from 1:55-2:35 PM PST. For more information and to register, click here.
About CipherHealth
CipherHealth is an award-winning digital patient engagement company committed to enhancing communication and coordination throughout the care continuum. Since 2009, CipherHealth has helped define the patient engagement category, delivering groundbreaking tools and superior services to help health systems deliver patient-centric, quality care that improves clinical outcomes, drives operational efficiency, and creates sustainable financial value through a full suite of communications solutions. CipherHealths's automated, scalable platform empowers healthcare organizations to drive meaningful conversations among patients, provider staff and caregivers, regardless of care setting, thereby achieving new standards for patient care and accelerating the digital transformation of the industry.
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SOURCE CipherHealth | https://www.mysuncoast.com/prnewswire/2022/09/12/cipherhealth-cto-leader-present-future-cloud-based-healthtech-inaugural-sada-impact/ | 2022-09-12T13:36:29Z |
Post competition, Acer will donate the laptops used to schools in Indonesia as part of the "Acer for Education" campaign
TAIPEI, Aug. 10, 2022 /PRNewswire/ -- Acer Inc. is once again the Official Sponsor of the International Olympiad in Informatics (IOI) held this year in Yogyakarta, Indonesia from August 7-15, 2022. Acer is powering the competition by supplying laptop computers for all the on-site contestants to be used for designing algorithms and programming tasks.
With its longstanding mission of "Breaking Barriers between People and Technology," Acer has sponsored the IOI since 2018 and has continued to show its strong belief in the value of providing quality education through technology and making it accessible to more people. As the Official Sponsor of IOI 2022, Acer Aspire 3 laptops were supplied for all on-site contestants. The 15-inch Aspire 3 model was selected for its dedicated numeric keypad, making it more practical for contestants to solve algorithms and conduct swift calculations.
After the competition, the Aspire 3 laptops will be donated to select schools as part of the "Acer for Education" campaign in Indonesia. Education is one of Acer's primary focus areas and the company aims to provide the next generation with greater access to technology and education, in the hopes of paving a brighter future for the youth.
The International Olympiad in Informatics is one of several international science Olympiads held annually around the world. This year, more than 350 exceptional high school students from over 80 countries are competing in this prestigious informatics competition to sharpen their skills in problem analysis, designing of algorithms and data structures, programming, and testing.
About Acer
Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.
© 2022 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.
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SOURCE Acer | https://www.kxii.com/prnewswire/2022/08/10/acer-sponsors-international-olympiad-informatics-2022/ | 2022-08-10T08:44:53Z |
CHICAGO, June 15, 2022 /PRNewswire/ -- Digital therapeutic leader RAE Health today announced participation and presentation at the College on Problems of Drug Dependence Scientific Meeting as part of its NIDA Phase I Small Business Innovation Research Award. Their presentation titled "A digital detection and intervention for individuals in recovery from substance use disorder" focused on the integration of an off-the-shelf wearable sensor into the RAE system for the detection of stress and craving. Fifty adult subjects in outpatient treatment for SUD were enrolled over 18-months in the study. The RAE system was successfully deployed, and the accuracy of stress and craving detection were similar using an off-the-shelf wearable sensor to that of a clinical research grade wearable. The trial was conducted through joint efforts of Dr. Stephanie Carreiro of UMass Chan Medical School and Dr. Premananda Indic of the University Texas Health System.
This conclusion builds on and furthers RAE's development of their software platform and app currently being used to detect stress and cravings with wearable sensor technology facilitating just in time interventions. "Being able to take our technology to a consumer grade wearable will further open up our platform to a significantly wider patient population" said RAE Co-founder, Megan Reinhardt, "Expanding beyond research and onto users in society will further work to break the cycle of addiction and give patients more access to supportive care".
RAE Health (www.raehealth.com) is a mental health solutions company that bridges the gap between mobile health and digital therapeutics. The platform utilizes a patented algorithm with a wearable device tied to a mobile app to detect patterns of stress and cravings in real time.
This provides individuals, patients, caregivers, providers, and our licensees a clinically objective detection and intervention tool for better mental health. Current and developing applications include substance use disorders, pain management, suicide prevention, PTSD, eating disorders, anxiety, and depression.
RAE's technology has been the subject of multiple published research studies funded in part by the National Institute of Health (NIH) and is commercially available. It is time for individuals everywhere to Realize, Analyze, and Engage.
Media Contact:
Alex Walden
RAE Health
775.443.7836
alex@Raehealth.com/. info@raehealth.com
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SOURCE RAE Health | https://www.wibw.com/prnewswire/2022/06/16/rae-health-presents-college-problems-drug-dependence-scientific-meeting/ | 2022-06-16T01:59:15Z |
DALLAS, Aug. 23, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) Chairman, President and Chief Executive Officer Rich Templeton will speak at the Citi 2022 Global Technology Conference in New York City on Wednesday, Sept. 7, at 9 a.m. Eastern time. Templeton will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for growth.
The audio webcast for the conference can be accessed live through the Investor Relations section (www.ti.com/ir) of TI's website. An archived replay will be available on the website after his remarks.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades. Learn more at TI.com.
TXN-G
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SOURCE Texas Instruments Incorporated | https://www.wibw.com/prnewswire/2022/08/23/ti-ceo-rich-templeton-speak-citi-investor-conference/ | 2022-08-23T16:48:11Z |
Bishop William Barber, NAACP and Rainbow PUSH Coalition to join forces with attorneys and Christopher Shaw in fight for justice
BEAUMONT, Texas, Aug. 16, 2022 /PRNewswire/ -- Attorneys and advocates for Christopher Shaw, the Black man paralyzed by a Beaumont police officer while in custody last year for public intoxication, will make an important announcement at two news conferences this week.
Religious and civil rights leader and Repairers of the Breach president Bishop William Barber will join Shaw's attorneys as well as local NAACP leaders and representatives from Rev. Jesse Jackson's Rainbow PUSH Coalition for a virtual news conference tomorrow (August 17) as well as a live news conference on Thursday (August 18) at The Church of I Am (2204 Blanchette St. Beaumont, TX) to announce new efforts to bring accountability in the incident that left Shaw paralyzed at the hands of Beaumont Police Officer James Gillen.
Body camera video of the assault shows that Shaw was handcuffed and restrained by deputies at the Jefferson County jail when Gillen "body slammed" him onto the jail's concrete floor. Shaw, who posed no physical threat to Gillen or any of the officers present, broke his neck when he landed on his head. Attorneys filed a federal lawsuit against Gillen, the City of Beaumont, deputies with the Jefferson County Sheriff's Office and Corrhealth last month. The lawsuit can be viewed HERE.
Shaw, 41, is represented by renowned civil rights attorneys Harry Daniels (The Law Offices of Harry Daniels), Chimeaka White (The White Law Firm) and Chance Lynch (Lynch Law).
Wednesday, August 17
3 PM CT/4 PM ET Virtual News Conference
Click HERE to participate via ZOOM
Participants will include Bishop William Barber, Shaw's attorneys Harry Daniels, Chimeaka White and Chance Lynch as well as local NAACP leaders and Rainbow PUSH Coalition representatives.
Thursday, August 18
10 AM CT/11 AM ET In-person News Conference
The Church of I AM, 2204 Blanchette St. Beaumont, TX
Participants will include Bishop William Barber, Christopher Shaw and attorneys Harry Daniels, Chimeaka White and Chance Lynch as well as local NAACP leaders and Rainbow PUSH Coalition representatives.
The in-person news conference will be livestreamed here.
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SOURCE The Law Offices of Harry M. Daniels LLC | https://www.mysuncoast.com/prnewswire/2022/08/16/national-leader-join-call-justice-man-paralyzed-by-beaumont-officer/ | 2022-08-16T16:37:12Z |
The country's most significant development opportunity in modern history selects partner
DRAPER, Utah, July 12, 2022 /PRNewswire/ -- The Point of the Mountain State Land Authority (Land Authority) has selected Lincoln Property Company (Lincoln), a top national developer, and their local partners, Colmena Group (Colmena) and Wadsworth Development Group (Wadsworth), to execute the first phase of development at The Point in Draper, Utah. The announcement comes after a months-long competitive selection process to identify a partner with demonstrable experience building large-scale, sustainable communities.
Lincoln and its partners (Lincoln-Colmena-Wadsworth) bring decades of experience developing transformative, leading-edge projects centered around the culture and values of the communities they serve. By leveraging Lincoln's national development expertise and tapping into the team's critical local relationships and knowledge, Lincoln-Colmena-Wadsworth will deliver a vibrant development that serves the needs of the community for generations to come.
"Through a rigorous competitive process that engaged qualified firms from across the country, Lincoln-Colmena-Wadsworth rose to the top as a partner who will build what Utahns say they want at the site," said Alan Matheson, The Point executive director. "Their extensive experience, technical expertise, and passion for Utah uniquely positions them to support development that will directly improve Utahns' quality of life for decades to come."
On December 15, 2021, the Land Authority issued a Request for Qualifications and Request for Proposals. A dozen firms initially submitted responses. In March 2022, The Point's selection committee narrowed the field to three outstanding finalists: Catellus Development Corporation, Boyer-Gardner, and Lincoln-Colmena-Wadsworth. The finalists were asked to demonstrate how their proposed approach for the first phase of development at The Point called "The Hub" would align with the public's vision for the site.
"Lincoln and its partners are honored that the Land Authority chose our team to deliver an innovative, community-centric development that leverages sustainable, transit-oriented solutions and celebrates the area's natural beauty and wealth of outdoor opportunities," said Patrick Gilligan of Lincoln Property Company. "We are committed to Utah for the long-term and look forward to continuing to grow our presence in the market."
In addition to their alignment with The Point's Key Vision Elements, Lincoln-Colmena-Wadsworth stood out for their proven success with public-private partnerships, their ability to maximize the public's return on investment, and their commitment to engage with Utahns throughout the development process.
"The Point represents the single largest development site in the country in recent years. Lincoln and our partners are honored that the Land Authority has chosen our team to deliver an innovative, community-centric development that leverages sustainable, transit-oriented solutions and celebrates the area's natural beauty and wealth of outdoor opportunities," said Abbey Ehman, vice president with Lincoln Property Company and spokesperson for the collective team. "We are committed to Utah for the long-term and look forward to strengthening our relationships in the community."
In addition to their alignment with The Point's Key Vision Elements, Lincoln-Colmena-Wadsworth stood out for their proven success with public-private partnerships, their ability to maximize the public's return on investment and their commitment to engage with Utahns throughout the process.
"We are truly grateful to have a team of national and local experts who will help us develop the site 'The Utah Way,'" said Utah State Representative Lowry Snow, co-chair of the Land Authority. "This land is owned by all Utahns, so we look forward to working with the public and our development partner to ensure The Point's unique heritage and promising future are well represented in everything we do."
About The Point
The 600 acres of state-owned property at the current site of the Utah State Prison in Draper is known as "The Point." The site is owned by all Utahns and represents a once-in-a-generation opportunity to create an iconic Utah development. It is anticipated that The Point will offer affordable housing options, advance innovation, catalyze robust economic growth, provide parks and regional trail connections, demonstrate sustainable practices, protect the environment, and ultimately enhance Utahns' quality of life. More information, including live-streaming, recordings and materials of all public meetings, is publicly available on The Point website at www.thepointutah.org. Follow The Point on Facebook, Twitter, Instagram and YouTube.
About Lincoln Property Company
Lincoln Property Company (Lincoln), founded in 1965 by its chairman Mack Pogue, is a privately-owned real estate firm offering a full-service platform that includes real estate investment, development, construction management, property management, leasing, asset management, and accounting services. With offices in all major markets across the U.S. and throughout Europe, Lincoln provides the depth and breadth of expertise needed to deliver successful projects worldwide. Lincoln's cumulative development efforts have produced over 150 million square feet of commercial space and over 225,000 multifamily residential units. The firm is one of the Top 10 U.S. Developers of office, industrial, retail, and mixed-use properties, and the second-largest apartment manager in the country. Visit www.lpc.com for more information.
About Colmena Group
Founded in 2008, Colmena Group (Colmena) is a privately-held real estate development and investment company headquartered in Salt Lake City, Utah. The managing partners of Colmena have more than 65 combined years of real estate experience, building their reputation on thoughtful stewardship of investment opportunities. Colmena's mission is to build a legacy of quality, long-lasting communities by investing in various real estate asset classes throughout the Intermountain West. Colmena's portfolio includes multifamily, assisted living, commercial office, student housing, research parks, retail, hotel, industrial warehouses, and mixed-use properties. Since its inception, Colmena has developed and invested in real estate projects that built a current portfolio value of more than $1.6 Billion. More information about Colmena and the team can be found at www.colmenagroup.com.
About Wadsworth Development Group
Wadsworth Development Group (WDG) was founded with humble beginnings in 1996 as a vehicle for alternative investments from the leading civil construction company, Ralph L Wadsworth Construction Co. WDG is now a leading, full-service commercial real estate development and management firm. WDG owns and manages multiple platforms including Alpha Development Group, Roots Management Company, and the Salt Lake City Global Logistics Park wherein we develop and manage industrial, multifamily, mobile home communities, office, and hospitality CRE assets. The family's concrete reputation of integrity and quality is key to its success.
About CRTKL
CRTKL is a global architecture, planning, and design practice that began over seven decades ago, and has evolved into a cultural agency to advance positive outcomes in our communities. Focusing on People, Planet, and Positive Design allows us to realize an equitable, climate-positive future; dedicated to inspiring experiences, human wellbeing, and socially responsible outcomes through research-empowered and data-driven design.
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SOURCE The Point of the Mountain State Land Authority | https://www.wibw.com/prnewswire/2022/07/12/development-partner-selected-build-americas-newest-15-minute-city/ | 2022-07-12T22:46:06Z |
ROLLING MEADOWS, Ill., July 5, 2022 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of La Mesa, Calif.-based Wrightman, Inc., doing business as Surety Associates of Southern California Insurance Services (SASC). Terms of the transaction were not disclosed.
Founded in 2010, SASC is a surety bond agency serving clients across California, Arizona and Nevada. Cyndi Beilman and her associates will continue to operate from their current location under the direction of Scott Firestone, head of Gallagher's Southwest region retail property/casualty brokerage operations.
"SACS is a well-known, well-established surety bond agency that will further enhance our surety presence in the Southwest Region," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I am very pleased to welcome Cyndi and her associates to Gallagher."
Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
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SOURCE Arthur J. Gallagher & Co. | https://www.wibw.com/prnewswire/2022/07/05/arthur-j-gallagher-amp-co-acquires-surety-associates-southern-california-insurance-services/ | 2022-07-05T14:39:26Z |
Dear Annie: My Brazilian wife recently went to her native country for the first time in 10 years. She wanted to see her family. In the three years we have been married, never once had she ever discussed or hinted at getting any type of plastic surgery. About two weeks into her seven-week vacation, she disappeared for three days.
She sent me a text saying, “Honey, I have a serious migraine, going to take pill and stay in dark room”! She said to text her sister if I need to. Well, for three days, I heard nothing — nada! Her phone was turned off. Her sister said in Portuguese, “Bad headache; took strong pills.”
Mind you, we have for two years been in the care of Moffitt Breast Cancer Center. I have driven her the 203 miles for each and every appointment, surgery and seven weeks of radiation treatments, and never once would she take even one pain pill — not once.
She rejected every FaceTime request I made and would only talk or text me after those three nightmare days. As it turns out, her sister in Portugal lied to me, and her daughter here in the U.S. also lied to me via text and in person. And her sister in the United States came over to take me to dinner and then lied to me.
Once the truth emerged, I discovered that my wife had a surgical face lift and she got three tattoos.
All her relatives knew before she left on vacation that she had made these plans. I feel violated, deceived and lied to. There is zero trust. I want a divorce. As I told her before we were married, I can deal with infidelity, but I will not accept a lie.
I’ve packed all her belongings in her car, and they will be delivered to her daughter’s house.
Dear Done: You sound close to hysterical about what your wife did. It is understandable that being lied to would make anyone angry, but before you rush to pack up her things and file for divorce, can you ask yourself why she didn’t feel that she could tell you the truth?
Was she afraid that you would say no? Are you very controlling? Or does she not feel comfortable enough to discuss these life-altering decisions with you? Before you make your final decision, you have to speak with her when you are calm and collected. Seeking the help of a trained marriage counselor will help both of you sort out what the next steps are. | https://www.tdtnews.com/life/advice_columns/article_7d6c9ecc-329d-11ed-aa3a-6f788cbc3f1b.html | 2022-09-13T08:41:36Z |
Robinhood shares plummet as company announces layoffs
By Nicole Goodkind, CNN Business
Robinhood CEO Vlad Tenev announced Tuesday afternoon that the online trading platform will lay off 9% of its workforce as shares of the company’s stock hit a new low.
In a blogpost, Tenev wrote that Robinhood’s financial position was strong, with over $6 billion in cash on its balance sheet. The layoffs, he said, follow a period of extreme headcount growth that “led to some duplicate roles and job functions, and more layers and complexity than are optimal.”
Robinhood has increased its staff from 700 to 3,800 employees since the beginning of 2020.
“After carefully considering all these factors, we determined that making these reductions to Robinhood’s staff is the right decision to improve efficiency, increase our velocity, and ensure that we are responsive to the changing needs of our customers,” said Tenev.
Going forward, the company will “continue to prioritize internal opportunities for automation and operational efficiency,” Tenev wrote.
Shares of the stock closed at $10 on Tuesday, the lowest price since the company went public last July.
Robinhood IPO’d at $38 per share and quickly soared to $85 but has since plummeted. Shares are down 46% so far in 2022, while the S&P 500 has fallen 13%.
The company played a key role in the early 2021 surge in meme stocks like GameStop that retail investors, armed with stimulus checks and increased unemployment payments, poured into. But the surge was short lived, and Robinhood reported a loss in monthly active users last quarter.
Early in April, Goldman Sachs downgraded the company to a sell from neutral, citing headwinds as investors disengage due to falling markets and waning Covid stimulus checks.
“We believe HOOD could continue to see higher levels of churn as these investors leverage their smaller dollar account sizes for everyday spending,” Goldman analysts wrote.
Robinhood tends to appeal to new investors, with average account sizes around $4,000. The average age of its users is 31, and about 50% of those are first-time investors, the company has said, making it more susceptible to user drop-off during economic slowdowns.
Goldman doesn’t see a clear path toward profitability for Robinhood, a bad sign as investors become increasingly skeptical of unprofitable fintech companies.
Robinhood is scheduled to release its first-quarter results after the bell Thursday, but Tuesday’s blog post made no mention of them. For its last quarter, the company posted a $423 million net loss.
Shares of the stock were down 5.5% in after-hours trading.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/26/robinhood-shares-plummet-as-company-announces-layoffs/ | 2022-04-27T00:45:11Z |
TORONTO, Sept. 16, 2022 /PRNewswire/ - Braxia Scientific Corp. ("Braxia Scientific", or the "Company"), (CSE: BRAX) (OTC: BRAXF) (FWB: 4960) announced today that the Supreme Court of British Columbia has approved a settlement of a class action lawsuit that was filed in May 2021 against Braxia Scientific, its CEO, certain of its former officers, a shareholder, and underwriters (the "Canadian Settlement"). The Canadian Settlement contemplates a cash payment of CDN $1.9 million, of which the Company will be paying CDN $1.6 million.
The court approval of an agreement in principle (the "US Settlement") to settle claims alleged in a securities class action (the "US Class Action") against the Company and certain of its former officers filed in the United States District Court for the Central District of California in April, 2021, remains pending. The US Settlement contemplates a cash payment by the Company of USD $1 million to settle the US Class Action.
After available insurance, and assuming the court approval of the US Settlement is obtained, the total cost to the Company to settle both class actions will be approximately CDN $1.36 million.
Braxia Scientific is a medical research and telemedicine company with clinics that provide innovative ketamine treatments for persons with depression and related disorders. Braxia also launched its U.S. based end-to-end telemedicine platform KetaMD, that utilizes leading technology to provide access to safe, affordable, and potentially life-changing at-home ketamine treatments for people living with depression and related mental health conditions. Through its medical solutions, Braxia aims to reduce the illness burden of brain-based disorders, such as major depressive disorder among others. Braxia is primarily focused on (i) owning and operating multidisciplinary clinics, providing treatments in-person and virtually for mental health disorders, and (ii) research activities related to discovering and commercializing novel drugs and delivery methods. Braxia seeks to develop ketamine and derivatives and other psychedelic products from its IP development platform. Through its wholly owned subsidiary, Braxia Health (formerly the Canadian Rapid Treatment Center of Excellence Inc.), operates multidisciplinary community-based clinics offering rapid-acting treatments for depression located in Mississauga, Toronto, Kitchener-Waterloo, Ottawa, and Montreal.
ON BEHALF OF THE BOARD
"Dr. Roger S. McIntyre"
Dr. Roger S. McIntyre
Chairman & CEO
The CSE has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance are "forward-looking statements."
Forward-looking statements include statements about the intended promise of ketamine-based treatments for depression and the potential for ketamine to treat other emerging psychiatric disorders, such as Bipolar Depression. Such forward- looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events, or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, the failure of ketamine, psilocybin and other psychedelics to provide the expected health benefits and unanticipated side effects, dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing federal, provincial, municipal, local or other licenses and engaging in activities that could be later determined to be illegal under domestic or international laws. Ketamine and psilocybin are currently Schedule I and Schedule III controlled substances, respectively, under the Controlled Drugs and Substances Act, S.C. 1996, c. 19 (the "CDSA") and it is a criminal offence to possess such substances under the CDSA without a prescription or a legal exemption. Health Canada has not approved psilocybin as a drug for any indication, however ketamine is a legally permissible medication for the treatment of certain psychological conditions. It is illegal to possess such substances in Canada without a prescription.
These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements.
Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, including the Amended and Restated Listing Statement dated April 15, 2021, which are available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements.
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SOURCE Braxia Scientific Corp. | https://www.wibw.com/prnewswire/2022/09/17/braxia-scientific-announces-court-approval-class-action-settlement-canada/ | 2022-09-17T00:47:29Z |
PITTSBURGH, Aug. 12, 2022 /PRNewswire/ -- "I wanted to create a better way to keep track of your credit/debit card or ID card," said an inventor, from Denton, Texas, "so I invented the DEE CTRL. My design would provide a convenient means of notifying you if you forget or leave your card behind."
The invention provides an effective loss prevention device for financial transaction cards, personal identity cards, etc. In doing so, it prevents the card from being lost or misplaced. As a result, it enables the user to quickly resolve any loss or theft issues and it provides added peace of mind. The invention features a compact design that is easy to apply and use so it is ideal for the general population.
The original design was submitted to the Dallas sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DAL-183, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/08/12/inventhelp-inventor-develops-loss-prevention-device-cards-dal-183/ | 2022-08-12T19:15:31Z |
The new brick-and-mortar location will offer drinkers and culture seekers a fully immersive Truly experience led by flavor and variety
BOSTON, May 19, 2022 /PRNewswire/ -- Truly Hard Seltzer, a leader and innovator in the hard seltzer category, will officially open its first brick-and-mortar location, Truly LA, in Downtown Los Angeles on Wednesday, May 25. The fully immersive seltzer taproom will offer drinkers and culture seekers innovative flavors that push traditional seltzer boundaries, as well as an exciting menu of seasonal shared plates. It will also feature live entertainment from local up-and-coming musicians, comedians and artists.
Truly fans are all about exploration and discovery, and as a pioneer in innovation, Truly LA will deliver that in a way no one else in the category has done before. The 8,000 square foot indoor/outdoor taproom will bring Truly to life in a new, dynamic way. From tasting exclusive new flavors from one of ten taps, to indulging in the globally inspired food menu, or discovering new cocktail-inspired seltzers that push traditional seltzer boundaries, visitors from all walks of life can experience everything Truly Hard Seltzer has to offer.
"Innovation and exploration are at the core of our mission at Truly LA," said Operating Manager Bradford Fullerton. "We are providing something entirely new for our drinkers while creating a vibrant, fully immersive venue to attract new fans and culture seekers."
Embedded in the heart of the downtown Los Angeles Arts District, Truly LA is a cultural hub with local artist-commissioned murals adorning the exterior and a regular calendar of entertainment in the space. Art and creativity will thrive on the Truly LA stage, which will feature intimate shows in partnership with Live Nation. To bring visitors ongoing cultural entertainment, select performances will be live streamed from the taproom to drinkers around the world.
After almost a year of collaboration with design collaborative Bergmeyer, Truly LA was "purposefully designed to galvanize the connections between brand and consumer while setting the baseline for an authentic hard seltzer experience," said Brian Perlow, Principal of Bergmeyer. "Truly LA blurs the lines between the hardscape of the Arts District and a lush outdoor garden area before transitioning to a bright and inventive pavilion. This is where Truly Hard Seltzer is the star of the show, tapping into the creative culture of the neighborhood and engaging Truly drinkers in an experience that emphasizes fresh-flavored adventure and discovery."
Truly LA is the twelfth of Boston Beer Company's hospitality locations, joining the Sam Adams Taproom in Boston; the historic Sam Adams Brewery and Taproom in the Jamaica Plain neighborhood of Boston; the Sam Adams Taproom in Cincinnati; four Dogfish Head locations in Delaware and one in Miami; the Angry Orchard Innovation Cider House in Walden, N.Y.; the Angel City Brewery in Los Angeles; and the Coney Island Brewery in New York City.
Truly LA is located at 218 Traction Ave in Downtown Los Angeles, adjacent to the Angel City Brewery. For more information, visit: www.trulyhardseltzer.com.
About Truly Hard Seltzer
Since its inception in 2016, Truly has been the most innovative brand in the category, breaking the boundaries of what consumers expect from hard seltzer. Truly believes no one is just one flavor, which is why its hard seltzer is available in 31 total flavors: 12 delicious original flavors, plus five flavors of Truly Lemonade, four flavors of Truly Iced Tea, four flavors of Truly Punch, two flavors of Truly Extra and four flavors of Truly Margarita. Truly is perfect for any occasion from beach days to backyard barbecues and beyond. Additionally, Truly has now entered the spirits category with Truly Flavored Vodka, a premium vodka available in three flavors inspired by its fan-favorite hard seltzer styles. To learn more about Truly, visit www.trulyhardseltzer.com.
About Boston Beer Company
The Boston Beer Company, Inc. (NYSE: SAM) began in 1984 brewing Samuel Adams beer. The Samuel Adams brand is currently recognized as one of the largest and most respected American craft beer brands. Our portfolio of brands also includes Truly Hard Seltzer, Twisted Tea, Angry Orchard Hard Cider and Dogfish Head Brewery, as well as other craft beer brands such as Angel City Brewery and Coney Island Brewing. For more information, please visit www.bostonbeer.com.
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SOURCE Truly Hard Seltzer | https://www.kxii.com/prnewswire/2022/05/19/truly-hard-seltzer-opens-its-first-hard-seltzer-taproom-truly-la-downtown-los-angeles/ | 2022-05-19T17:14:34Z |
Updates Stakeholders on Commitments to Economic Inclusion, Community Development, Human Capital, and Sustainability
COLUMBUS, Ohio, Aug. 31, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) has issued its 2021 Environmental, Social, and Governance (ESG) Report, which highlights how Huntington helps people reach their goals, provides businesses with the resources to grow, and works to create prosperous and resilient communities.
The 2021 ESG Report provides a comprehensive review of Huntington's progress on performance dimensions that drive sustainable, long-term value for all its stakeholders as well as the impact of its focus on community economic development, equity, and environmental sustainability.
"Our ESG efforts are aligned with our purpose of looking out for our colleagues, our customers and the communities we serve," said Steve Steinour, chairman, president, and CEO. "Our values are the catalyst for our service and performance culture at Huntington. We are committed to delivering an exceptional customer experience, remaining deeply connected to our communities, and providing our colleagues with a fulfilling professional career. We remain focused on our ESG efforts and are inspired by the role we can play in the lives of all we serve."
In 2016, Huntington launched its strategic commitment to ESG best practices to provide increased transparency and accountability around our long-held pledge to promote corporate social responsibly, prudent risk management, and strong financial results.
Huntington's commitment to continually improving the enterprise integration of ESG strategic frameworks is reflected in this year's report that details enhanced board and executive governance structures alongside new product and program investments, maturing metrics, and a growing effort toward impact-based reporting.
"Our governance actions outlined in this report guide us on our path to being a top-tier performing bank, creating long-term value for all of our stakeholders," said Dave Porteous, Lead Director, Huntington Board of Directors. "Our board appreciates the importance of aligning our business objectives and the success of our consumer, business and community partners in the context of shared, sustainable prosperity."
This is Huntington's sixth ESG report and includes its second-year reporting to the Sustainability Accounting Standards Board (SASB) standards for Commercial Banks and Consumer Finance, and third annual reporting to the Task Force on Climate-related Financial Disclosures (TCFD) framework.
Notable progress in ESG related focus areas includes:
Driving Investments and Economic Growth in Communities: Huntington's commitments to providing financial education, serving the underbanked, and expanding economic inclusion programs provide a platform to help reduce poverty and drive economic opportunity for all.
- Introduced an industry leading five-year $40 billion Community Plan, to address economic, social, environmental, and racial equity challenges
- Advanced access to banking services providing for customers and communities with 26.2% of our branches located in low-to-moderate income neighborhoods
- Assisted nearly 3,000 families in mortgage distress through the Home Savers Program
- Volunteered 28,500 colleague service hours across more than 1,100 non-profit organizations
- Grew access to capital for small businesses as the No. 1 originator of SBA 7(a) loans (by number) in our region for the thirteenth consecutive year
- Expanded our Fair Play banking philosophy with new products that look out for our customers financial wellbeing
Cultivating a Diverse Workforce and Governance Structure: Huntington is committed to advancing diversity, equity, and inclusion in its workforce, as well as doing business with a diverse supplier base.
- Achieved 47% diversity on Huntington board of directors
- Attained 68% total workforce diversity, and 45% diversity in middle and executive management
- Implemented a bank-wide minimum wage increase to $19 per hour effective January 1, 2022
- Attained average base pay for women colleagues with the same job titles as men at 99% of that paid to men, and the average base pay for racially diverse colleagues with the same job titles as non-racially diverse colleagues at 99% of that paid to non-minorities
- Increased our total spend with diverse suppliers to 21.3%, exceeding our goal of 18%, supporting over 3,675 jobs and $472 million in U.S. GDP contribution
Serving as a Steward of the Environment: Huntington is committed to the transition to a low-carbon economy. We are taking meaningful actions in our own business and encourage our suppliers, customers, partners, and communities to do the same.
- Achieved CDP's A- climate change rating as part of our ongoing sustainability commitment
- Reduced greenhouse gas emissions by 35% since 2017 benchmark
- Shifting 50% of electricity usage to renewable sources by 2035
- Completed 80 new ENERGY STAR certifications for our buildings
- Developed an exploratory roadmap for achieving a net-zero carbon future
- Invested in dedicated leadership roles including our Climate Risk Director and Environmental Strategy & Sustainability Director, to guide climate risk and climate change transition support for all stakeholders
- Joined the Partnership for Carbon Accounting Financials (PCAF) to align with industry risk management standards
Huntington Bancshares Incorporated is a $179 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
This press release contains certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements, which are not historical facts and are subject to numerous assumptions, risks, and uncertainties. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, believe, intend, estimate, plan, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.
All forward-looking statements speak only as of the date they are made and are based on information available at that time. We do not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. Please carefully review and consider the various disclosures made in this document and in our other reports filed with the SEC for more information about the risks and other factors that may affect our business, results of operations, financial condition, or prospects.
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SOURCE Huntington Bancshares Inc. | https://www.mysuncoast.com/prnewswire/2022/08/31/huntington-bancshares-incorporated-releases-2021-esg-report/ | 2022-09-01T01:26:40Z |
INEO patents the world's first dual screen loss prevention and advertising system
SURREY, BC, June 28, 2022 /PRNewswire/ - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), the innovative developer and operator of the INEO Media Network, a digital advertising and analytics solution for retailers, is pleased to announce the Company has filed a design patent, entitled "ELECTRONIC ARTICLE SURVEILLANCE PEDESTAL WITH TWO-SIDED DISPLAY", for the dual screen version of its disruptive Welcoming System.
The patent filing protects the unique form factor, design and materials used in INEO's new dual screen product, branded as the INEO Welcoming System DUO. The INEO Welcoming System DUO is also protected by the Company's original utility patents, already granted in the United States and Canada, and pending in Europe. The INEO Welcoming System DUO, which has one LED screen on each side of the pedestal, is ideal for large retailers who have multiple doors at their front entrances. The bright, bold digital signage on the INEO Welcoming System DUO is easily visible to customers on either side of the pedestal.
The Company's recent premier of the new INEO Welcoming System DUO at the NRF Protect 2022 Conference in Cleveland, OH garnered tremendous interest and was a resounding success in landing pilot system installations with several large retail chains.
"The launch of the INEO Welcoming System DUO is a significant milestone for the company, and we are very pleased to file for the patent which will help provide a level of protection against competitors as we continue to expand our footprint globally," said Greg Watkin, Founder and Chairman of INEO. "The combination of two LED screens and an EAS pedestal within one device is a unique invention which required critical design and innovative engineering by INEO's R&D team. We are excited to begin showcasing the INEO Welcoming System DUO and are confident retailers will love the new capabilities of the dual screens integrated within one system."
Traditional loss-prevention systems typically consisted of a standalone tag-detection system known as an Electronic Article Surveillance ('EAS') pedestal located at the retailers' front door. EAS systems incorporate security tags or labels which are attached to merchandise and must be removed or deactivated prior to leaving the retail store. INEO's new Welcoming System DUO product builds upon the Company's previous patented combination media display and electronic surveillance pedestal by adding a second LED screen to the EAS system. The INEO Welcoming System DUO is a remarkable product given the complexity in designing and housing an RF security tag system in close proximity to two LED screens without degradation of the RF signal required for the operation of the EAS system.
The INEO Welcoming System DUO utilizes the same technology the Company has originally designed for the INEO Welcoming System which allows it to operate in both the Accousto-Magnetic (AM) 58KHz frequency spectrum and the 8.2MHz frequency spectrum. Digital display screens are inherently "noisy" as they cause electromagnetic interference which hinders the detection of loss prevention tags in a retail store; however, INEO has developed technology which allows the EAS loss prevention aspect of the system to still operate effectively with two large digital display screens located within the detection field.
The INEO Welcoming System DUO preserves the same base form factor of the original INEO Welcoming System allowing for visual uniformity within the retail store. The INEO Welcoming System DUO is the same height and width as the standard INEO Welcoming System and is only 2.3 centimeters (1 ¼ inches) thicker. The sleek design is a function of the proprietary technology INEO has developed and patented.
INEO Tech Corp.
Per: "Kyle Hall"
Kyle Hall, Chief Executive Officer and Director
INEO Tech Corp., through its wholly owned subsidiary, INEO Solutions Inc., operates the INEO Media Network, a digital advertising and analytics solution for retailers. INEO's patented technology integrates and monetizes digital screens with theft detection sensor gates at the entrance of retail stores. The Company's cloud-based platform uses IoT (Internet of Things) and AI (Artificial Intelligence) technology to deliver customized digital advertising to each retail location based on the demographic mix, such as age and gender, of customer traffic at each location. The Company also deploys the INEO Welcoming Network technology through a SaaS-based solution to larger retail chains. INEO is headquartered in Surrey, Canada and publicly traded on the TSX-Venture Exchange under the symbol "INEO" and on the OTCQB-Venture Market under the symbol "INEOF".
For more information please visit:
Website: www.ineosolutionsinc.com
LinkedIn: https://www.linkedin.com/company/ineosolutions
Facebook: https://www.facebook.com/ineosolutionsinc
Instagram: https://www.instagram.com/ineosolutionsinc
Twitter: https://twitter.com/INEOsolutions
Investors are cautioned that, except as disclosed in the disclosure document, any information released or received with respect to the Company may not be accurate or complete and should not be relied upon. Trading in securities of the Company should be considered highly speculative.
This news release contains statements and information that, to the extent that they are not historical fact, may constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. This news release uses words such as "may", "would", "could", "likely", "expect", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate", "outlook", and other similar expressions to identify forward-looking information. Forward-looking information involves significant risks, assumptions, uncertainties and other factors that may cause actual future results or anticipated events to differ materially from those expressed or implied in any forward-looking statements and accordingly, should not be read as guarantees of future performance or results. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by forward-looking statements and information. Other factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed on SEDAR, including the Company's most recent annual and interim Management Discussion and Analysis and Financial Statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except to the extent required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE INEO Tech Corp. | https://www.kxii.com/prnewswire/2022/06/28/ineo-files-design-patent-dual-screen-ineo-welcoming-system/ | 2022-06-28T11:57:56Z |
Civil rights group also calls on the Biden administration to order an 'all hands on deck' federal response and ensure law enforcement has sufficient resources to stop the attacks.
WASHINGTON, Aug. 6, 2022 /PRNewswire/ -- The Council on American-Islamic Relations (CAIR), the nation's largest Muslim civil rights and advocacy organization, today responded to the murder of another Albuquerque Muslim by a serial shooter who has allegedly been targeting Muslims for nine months by raising its reward for information leading to the arrest and conviction of those responsible to $10,000.
SEE: Muslim men in Albuquerque were murdered. Police are investigating possible ties to same killer
Muslim men likely targeted and killed in New Mexico, police say
CAIR also called on the Biden administration to take a direct role in responding to the shooting spree and ensure that law enforcement receives all the resources needed to immediately identify and stop the serial shooter.
During a press conference this afternoon, the Albuquerque Police Department and federal law enforcement officials announced that a Muslim man was murdered in Albuquerque last night.
The murder comes in the wake of three murders targeting Muslim men over a nine-month period, which investigators say could be connected. Law enforcement authorities also said the men may have been targeted because of "their race and religion."
During today's press conference, law enforcement urged the Muslim community to be vigilant, announced an increase in police patrols near Muslim institutions, and called on members of the public to report any suspicious activity or any information they feel might be relevant to the case.
WATCH THE NEWS CONFERENCE:
"This tragedy is impacting not only the Muslim community - but all Americans," said CAIR National Executive Director Nihad Awad. "We must be united against hate and violence regardless of the race, faith or background of the victims or the perpetrators. We urge anyone with information about these crimes to come forward by contacting law enforcement."
In a statement, CAIR National Deputy Director Edward Ahmed Mitchell said:
"The lives of Albuquerque Muslims are in danger. Whoever is responsible for this horrific, hateful shooting spree must be identified and stopped – now."
"We thank local, state and federal law enforcement for their ongoing work on this crisis, and we call the Biden administration to ensure that authorities all of the resources needed to both protect the Albuquerque Muslim community and stop those responsible for these horrific crimes before they claim more innocent lives.
"We offer our deepest condolences to the loved ones of those killed, and we pray that God enters them into Paradise as martyrs. We encourage Muslim communities and institutions across our nation to exercise vigilance and enhance their security while continuing to fearlessly and confidently live our faith."
CAIR also announced today that is now offering an increased reward of $10,000 for information that leads to the arrest and conviction of those responsible for the murders.
To submit a tip: Call (505) 843-STOP or visit the Albuquerque Metro Crime Stoppers website. An FBI representative at today's news conference asked anyone with information about the murders to call 1-800-CALL-FBI (225-5324). Residents of Albuquerque were urged to call 242-COPS (2677).
CAIR's mission is to protect civil rights, enhance understanding of Islam, promote justice, and empower American Muslims.
La misión de CAIR es proteger las libertades civiles, mejorar la comprensión del Islam, promover la justicia, y empoderar a los musulmanes en los Estados Unidos.
Become a Fan of CAIR on Facebook
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Donate to CAIR
Do you like reading CAIR press releases and taking part in our action alerts? You can help contribute to CAIR's work of defending civil rights and empowering American Muslims across the country by making a one-time contribution or becoming a monthly donor. Supporters like you make CAIR's advocacy work possible and defeating Islamophobia an achievable goal. Click here to donate to CAIR.
If you would like join CAIR's media list, please sign up here: https://action.cair.com/a/newsletters. — For more information, email: info@cair.com, CC ihooper@cair.com
CONTACT: CAIR National Deputy Director Edward Ahmed Mitchell, 404-285-9530, e-Mitchell@cair.com; CAIR Government Affairs Director Robert McCaw, 202-742-6448, rmccaw@cair.com; CAIR National Communications Director Ibrahim Hooper, 202-744-7726, ihooper@cair.com; CAIR National Communications Coordinator Ismail Allison, 202-770-6280, iallison@cair.com
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SOURCE Council on American-Islamic Relations (CAIR) | https://www.mysuncoast.com/prnewswire/2022/08/06/cair-raises-reward-info-leading-arrest-new-mexico-shooter-targeting-muslims-10000-after-another-murder-overnight/ | 2022-08-06T23:13:14Z |
Fireside chat will be held on Tuesday, April 12, 2022, from 8:00 a.m. to 8:40 a.m. EDT
NEW HAVEN, Conn., April 5, 2022 /PRNewswire/ -- Trevi Therapeutics, Inc. (Nasdaq: TRVI) is a clinical-stage biopharmaceutical company developing an investigational oral therapy Haduvio™ (nalbuphine ER) for pruritus in prurigo nodularis (PN) and chronic cough in idiopathic pulmonary fibrosis (IPF). Today, Trevi announced that Jennifer Good, President and Chief Executive Officer, along with Dr. Bill Forbes, Chief Development Officer, will participate in a fireside chat at the 21st Annual Needham Virtual Healthcare Conference on Tuesday, April 12, 2022, at 8:00 a.m. ET.
A live webcast of the fireside chat will be accessible from the 'Investors & News' section on the Company's website at www.TreviTherapeutics.com. An archived replay of the webcast will also be available for 30 days on the Company's website following the event.
Interim analysis results from the Phase 2 Cough And NALbuphine (CANAL) trial were statistically significant on the primary efficacy endpoint with a 77% reduction in daytime cough frequency from study baseline for Haduvio, demonstrating a 52% placebo-adjusted reduction in the geometric mean percent change (p<0.0001) (N=26). The secondary endpoints supported the benefit seen in the primary endpoint. Based on the strength and consistency of the efficacy data, Trevi stopped recruitment and expects top-line data for the full set of subjects in the third quarter of 2022. This interim analysis was specifically to assess efficacy. There have been no reported deaths in the CANAL trial and 1 reported Serious Adverse Event (pneumonia) which was not considered treatment related. The CANAL trial is a double-blind, randomized, placebo-controlled, 2-treatment, 2-period crossover efficacy and safety study of nalbuphine ER for chronic cough in patients with IPF taking place in the United Kingdom. The study consists of 2 treatment periods of 3 weeks, with a washout period of 2 weeks after each treatment period. The primary efficacy endpoint is to evaluate the effect of nalbuphine ER tablets on the mean daytime cough frequency at day 22 compared to placebo as measured by an objective cough monitor. More information about the CANAL trial is available at www.clinicaltrials.gov: NCT04030026
The Phase 2b/3 Pruritus Relief through Itch Scratch Modulation (PRISM) trial is a randomized, double-blind, placebo-controlled study to evaluate the efficacy and safety of Haduvio for severe pruritus in patients with PN. In the trial, subjects are randomized equally across two treatment groups (oral Haduvio 162 mg or placebo, twice daily including an initial 2-week blinded titration period). The primary endpoint of the trial is the proportion of subjects achieving a greater than or equal to 4-point improvement in the weekly mean Worst Itch Numerical Rating Scale (WI-NRS) score at Week 14 compared to baseline. The planned enrollment for the trial was approximately 360 subjects. Top-line data is expected in the second quarter of 2022. More information about the PRISM trial is available at www.clinicaltrials.gov: NCT03497975
Trevi Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on the development and commercialization of the investigational therapy Haduvio to treat serious neurologically mediated conditions. Trevi is conducting a Phase 2b/3 clinical trial of Haduvio for the treatment of chronic pruritus associated with prurigo nodularis (PN) and a Phase 2 trial for chronic cough in patients with idiopathic pulmonary fibrosis (IPF). These conditions share a common pathophysiology that is mediated through opioid receptors in the central and peripheral nervous systems.
Founded in 2011, Trevi Therapeutics is headquartered in New Haven, CT.
Haduvio, an investigational therapy, is an oral extended-release (ER) formulation of nalbuphine. Nalbuphine is a mixed ĸ-opioid receptor agonist and µ-opioid receptor antagonist that has been approved and marketed as an injectable for pain indications for more than 20 years in the United States and Europe. The ĸ- and µ-opioid receptors are known to be critical mediators of itch, cough and certain movement disorders. Nalbuphine's mechanism of action may also mitigate the risk of abuse associated with µ-opioid agonists because it antagonizes, or blocks, µ-opioid receptors. Parenteral nalbuphine is not currently classified as a controlled substance by the DEA in the United States or by regulatory authorities in most of Europe. Trevi intends to propose Haduvio as the trade name for nalbuphine ER. Nalbuphine ER (Haduvio) is an investigational therapy that has been granted Fast Track designation by the FDA for the proposed indication of reduction of moderate to severe pruritus in patients with prurigo nodularis. Its safety and efficacy have not been evaluated by any regulatory authority.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties and actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding the expected timing of reporting top-line data from Trevi's Phase 2b/3 PRISM trial of Haduvio in subjects with PN and the expected timing of reporting top-line data from the full set of subjects' data from Trevi's Phase 2 CANAL trial of Haduvio in IPF subjects with chronic cough; Trevi's business plans and objectives, including future plans or expectations for Trevi's product candidates; expectations regarding Trevi's uses and sufficiency of capital; and other statements containing the words "believes," "anticipates," "plans," "expects," and similar expressions. Risks that contribute to the uncertain nature of the forward-looking statements include: uncertainties regarding the success, cost and timing of Trevi's product candidate development activities and ongoing and planned clinical trials, including with respect to the timing of reporting top-line data from both Trevi's Phase 2b/3 PRISM trial and Phase 2 CANAL trial; uncertainties regarding Trevi's ability to execute on its strategy; the risk that positive interim or top-line results from a clinical trial may not necessarily be predictive of the results of the completed trial or other future or ongoing clinical trials; potential regulatory developments in the United States and foreign countries; uncertainties regarding fast track designation and the effect such status could have on the regulatory review or approval process; uncertainties inherent in estimating Trevi's cash runway, future expenses and other financial results, including Trevi's ability to continue as a going concern, comply with its obligations under its loan facility and fund future operations; ; uncertainties regarding the scope, timing and severity of the COVID-19 pandemic, the impact of the COVID-19 pandemic on Trevi's clinical operations and actions taken in response to the pandemic; as well as other risks and uncertainties set forth in the annual report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission and in subsequent filings with the Securities and Exchange Commission. All forward-looking statements contained in this press release speak only as of the date on which they were made. Trevi undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.
Investor Contact
Katie McManus
Trevi Therapeutics, Inc.
203-304-2499
k.mcmanus@trevitherapeutics.com
Media Contact
Rosalia Scampoli
914-815-1465
rscampoli@marketcompr.com
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SOURCE Trevi Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/04/05/trevi-therapeutics-participate-21st-annual-needham-virtual-healthcare-conference/ | 2022-04-06T01:14:46Z |
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