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STERLING, Va., June 21, 2022 /PRNewswire/ -- REI Systems (REI), a leading provider of technology solutions to the public sector, was just named a 2022 Top Workplace by the Washington Post. This is the sixth time we have received this recognition, and is perhaps the most rewarding, given the challenges of the COVID pandemic combined with the company's rapid growth over the past several years. This award recognizes that REI Puts Employees First. We care deeply about our people. REI intentionally and purposefully invests in professional growth well beyond the industry standard. We offer both formal upskilling and informal coaching to all our people, which creates a professional home where people can develop their skills and grow their career.
Detailed survey data provides some key reasons our employees rated REI so highly, including:
- dedicated to diversity and inclusiveness (96th percentile);
- doing things efficiently and well (93rd percentile); and
- providing the long-term stability that employees need (91st percentile).
When asked to reflect on the sixth Top Workplace Award, REI CEO Shyam Salona said "REI has consistently attracted great employees because We Are Compassionate. When you ask our employees about REI, they describe a caring and flexible work environment, talented and kindhearted colleagues, and a lack of office politics as things they like best about our company. REI is a place where deep friendships are made and sustained over years. We value being compassionate more than being right."
REI COO Scott Fletcher explained why people come to REI and stay – "It's because we value integrity, collaboration, and customer service over profits. We do the right thing for our customers and employees – even when no one is looking. We call this 'The REI Way'."
REI Systems provides reliable, effective, and innovative technology solutions that advance federal, state, local, and nonprofit missions. Our technologists and consultants are passionate about solving complex challenges that impact millions of lives. We take a Mindful Modernization® approach in delivering our application modernization, grants management systems, government data analytics, and advisory services. Mindful Modernization is the REI Way of delivering mission impact by aligning our government customers' strategic objectives to measurable outcomes through people, processes, and technology. Learn more at REIsystems.com.
Contact
Info@REIsystems.com
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https://www.mysuncoast.com/prnewswire/2022/06/21/washington-post-names-rei-systems-top-workplace-sixth-time/
| 2022-06-21T13:28:43Z
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ALBUQUERQUE, N.M. (AP) — New Mexico’s Democratic governor is asking that the Biden administration delay planned or expanded efforts to transport migrants to her state if pandemic-related restrictions on asylum seekers are lifted.
The federal government has predicted a threefold increase in border crossings if that happens, and first-term Gov. Michelle Lujan Grisham said Tuesday an influx of migrants would dramatically affect the border state’s capacity to provide ongoing humanitarian assistance to thousands of New Mexico residents displaced by historic wildfires this spring.
She outlined her concerns in a letter sent to Homeland Security Secretary Alejando Mayorkas.
The governor is among Democrats who would be forced to play defense in an already difficult midterm election year if there were an increase in illegal border crossings.
Lujan Grisham told Mayorkas that border issues and flaws in the immigration system need to be addressed and that public safety and health are paramount. She went on to say that she doesn’t believe the department can adequately address the concerns if existing limitations on migrant entry are lifted.
“New Mexico (and other border states) will bear the brunt of adverse economic and social impacts that are likely to arise from the influx of migrants without additional planning on the part of the federal government,” Lujan Grisham wrote. “I cannot allow this.”
The governor recently visited Washington to talk with top officials about wildfire recovery as the largest blaze burning in the U.S. chars more tinder dry forest in northern New Mexico.
The massive fire was the result of planned burns by the federal government to clear out vegetation and reduce the risk of catastrophic wildfire. With the flames escaping containment, thousands of residents were forced to flee and rural communities now face threats of post-fire flooding and other problems.
Lujan Grisham said New Mexico’s resources already have been taxed by the wildfire emergencies and it cannot “shoulder additional burdens falling squarely within the federal government’s purview.”
A federal judge last month blocked the Biden administration’s plan to lift the migrant restrictions, ordering that they stay in place while a lawsuit led by Arizona and Louisiana — and now joined by 22 other states — plays out in court.
Migrants have been expelled more than 1.9 million times since March 2020 under Title 42, a public health provision that denies them a chance to request asylum under U.S. law and international treaty on grounds of preventing the spread of COVID-19.
Aside from ruling that the Biden administration failed to follow administrative procedures requiring public notice and time to gather public comment, the judge cited predictions that ending the restrictions would likely increase border crossings to as many as 18,000 daily. That, the judge noted, would result in more migrants being processed in congregate settings where contagious disease can be spread.
The New Mexico governor’s office did not say how many migrants the state could expect if restrictions were lifted.
Lujan Grisham had been a vocal critic of former President Donald Trump’s immigration policies, and Republicans in New Mexico repeatedly have criticized her for what they consider a lax stance when it comes to border security.
The issue is expected to be part of the debate ahead of the November election, when Lujan Grisham will face GOP challenger Mark Ronchetti.
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https://cw33.com/news/u-s-news/ap-us-headlines/new-mexico-governor-concerned-with-potential-migrant-influx/
| 2022-06-16T15:59:16Z
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SDVP and ZEN Master now available for live IP streaming and management
WALTHAM, Mass., June 28, 2022 /PRNewswire/ -- Zixi, the industry leader for enabling dependable, live broadcast-quality video over any IP network, and provider of the award winning Software-Defined Video Platform (SDVP) today announced that the company is building on its existing work with Amazon Web Services (AWS) by launching in AWS Marketplace. The SDVP and Zixi ZEN Master control plane are now available for procurement, with the incremental benefit of purchasing Zixi services through AWS Marketplace counting against AWS Enterprise Discount Program (EDP) commitments, supporting cost efficiencies, streamlining budgets and simplifying purchasing when provisioning Zixi's market leading live video solutions with AWS.
AWS Media Services offer cloud-scale live video ingest and distribution capabilities, and as an AWS Partner, Zixi delivers unrivaled stream security, performance and reliability. AWS Elemental MediaConnect customers can subscribe to Zixi ZEN Master in AWS Marketplace for live video route orchestration, delivery assurance, video and connection security, latency management, quality analysis, performance reporting and operational visibility across AWS MediaConnect flows. For customers that need to extend live media workflows to include the full suite of capabilities available in the SDVP, Zixi now offers it via the AWS Marketplace private offers, within their AWS EDP commitments, allowing customers to retain full control to negotiate custom pricing based on their own objectives and commitments while retaining a direct vendor relationship with Zixi.
ZEN Master adds workflow flexibility, layered stream health visibility, stream analysis across audio-video-network parameters with reporting and automation routines that enhance the robust stability of the AWS Elemental MediaConnect service and the observability of AWS resources, applications, and services using Amazon CloudWatch data. ZEN Master already provides media companies and service providers visibility to multiple layers of telemetry with the architectural flexibility to orchestrate and interoperate with other systems and infrastructures at regional and global scale. Recent additional integrations have extended ZEN Master to include support for more sophisticated AWS Media Services workflows, enabling ZEN Master to seamlessly manage live video delivery through AWS Elemental MediaLive for advanced processing, including transcoding and stream packaging optimized for OTT video services. ZEN Master is integrated with AWS Elemental Link devices, enabling operational control and management. AWS Elemental Link delivers effortless live video contribution to AWS leveraging Zixi protocol to automatically and continuously optimize live video quality to maximize the capabilities of the connected IP network. ZEN Master also delivers integration support and operational visibility for uncompressed AWS CDI/JPEG-XS flows, ensuring end-to-end visibility throughout the live video contribution, production and delivery chain.
The SDVP on AWS unlocks support for more devices, protocols and formats for IP video delivery using the industry leading Zixi protocol, as well as built-in support for 17 other leading delivery protocols including RTP, RTP w/FEC, RIST, SRT, RTMP, WebRTC, HLS and others. The SDVP provisions live video routes in any AWS region, as well as connecting to hybrid cloud or on-prem resources. Continuously optimized congestion and network aware stream management supports ultra-low latency (>300ms) live video routes that dynamically adjust to changing packet loss and stream jitter without losing video information. The SDVP includes advanced video processing with customizable packaging, multiplexing and program mapping features. Unmatched performance is achieved with bandwidth optimized live stream bonding and industry leading hitless failover across any channel configuration and IP infrastructure. The SDVP also includes access to the Intelligent Data Platform (IDP), leveraging trained AI/ML analysis with predictive Zixi Health Score and performance anomaly detection across enormous volumes of telemetry data automating incident detection and report generation, enabling customizable and shareable RCA reporting including Zixi Blast Radius impacts analysis.
"Deploying in AWS Marketplace provides our mutual customers with very flexible pricing and everything on a single bill," said John Wastcoat, SVP Alliances and Marketing, Zixi. "With private offers that shorten procurement cycles while maintaining the direct relationship with the vendor it has benefits for vendor and customer alike."
About Zixi
Zixi provides a cloud based and on-premise Software-Defined Video Platform that enables reliable broadcast-quality video delivery over any IP network, any protocol, any cloud provider and any edge device. The company offers technologies for broadcasters, enterprises, over-the-top video providers, and mobile service providers around the world. The Zixi Platform makes it easy and economical for media companies to source, manage, localize, and distribute live events and 24/7 live linear channels in broadcast QoS, securely and at scale, using any form of IP network or Hybrid IP environments. Zixi provides enhanced control in large complex networks with ZEN Master, a live video orchestration and telemetry control plane that provides visual tools to configure, orchestrate, and monitor live broadcast channels and events across industry protocols. Over 15+ years, the Zixi Enabled Network (ZEN) has grown to over 350+ OEM and service providers and serves well over 700 media customers representing most of the top media brands around the world with 20,000+ channels delivered daily. www.zixi.com
For more information, contact:
Zixi: info@Zixi.com
Denise Williams, Bubble Agency, +1 503 806 0755, denisew@bubbleagency.com
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https://www.kxii.com/prnewswire/2022/06/28/zixi-deploys-aws-marketplace/
| 2022-06-28T18:06:05Z
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Carrier scores 100 on 2022 Disability Equality Index
DALLAS, July 20, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced it earned the top score on Disability:IN®, the leading nonprofit resource for business disability inclusion worldwide, 2022 Disability Equality Index (DEI). The carrier's continued focus on its diversity, equity, and inclusion initiatives landed a "100" on the score sheet for the third consecutive year.
"Southwest is a People-first employer and a place where diversity is celebrated as every Employee brings unique talents, skills, and perspectives to work every day," said Juan Suarez, Vice President of Diversity, Equity, & Inclusion at Southwest Airlines. "We focus on ensuring an environment that encourages People to be their authentic selves as they work to connect our Customers to the People and places important in their lives."
The Disability Equality Index is the world's most comprehensive benchmarking tool for the Fortune 1000 and America's top 200 revenue-grossing law firms (Am Law 200) to measure disability workplace inclusion.
"By rethinking traditional hiring processes at Southwest Airlines and providing customized support, we can remove barriers that may otherwise limit individuals from fully showcasing their strengths, abilities, and potential," said Lindsey Lang, Vice President of People at Southwest Airlines. "We're grateful for our recognition as one of the 'Best Places to Work for Disability Inclusion,' and committed to ensuring that Employees receive the support they need to bring their whole self to work each day and succeed in their roles."
The DEI was launched in 2015 by Disability:IN® and The American Association of People with Disabilities (AAPD) and is acknowledged today as the most robust disability inclusion assessment tool in the business. To learn more about the airline's commitment to creating a diverse, equitable, and inclusive workplace, visit SouthwestOneReport.com.
Southwest Airlines is dedicated to attracting prospective candidates and retaining Employees—keeping this focus at the forefront of everything it does. It is all about a career with Heart and Purpose. Join the carrier's Talent Community to stay up to date on job opportunities from the Company with Heart.
ABOUT THE DISABILITY EQUALITY INDEX (DEI) The Disability Equality Index (DEI) is a comprehensive benchmarking tool that helps companies build a roadmap of measurable, tangible actions that they can take to achieve disability inclusion and equality. Each company receives a score, on a scale of zero (0) to 100, with those earning 80 and above recognized as a "Best Place to Work for Disability Inclusion."
The DEI is a joint initiative of the American Association of People with Disabilities (AAPD), the nation's largest disability rights organization, and Disability:IN, the global business disability inclusion network, to collectively advance the inclusion of people with disabilities. The organizations are complementary and bring unique strengths that make the project relevant and credible to corporations and the disability community. The tool was developed by the DEI Advisory Committee, a diverse group of business leaders, policy experts, and disability advocates. Learn more at www.DisabilityEqualityIndex.org.
ABOUT THE AMERICAN ASSOCIATION OF PEOPLE WITH DISABILITIES (AAPD) AAPD is a convener, connector, and catalyst for change, increasing the political and economic power for people with disabilities. As a national cross-disability rights organization AAPD advocates for full civil rights for the 50+ million Americans with disabilities. Learn more at www.aapd.com.
ABOUT DISABILITY:IN®
Disability:IN is a global organization driving disability inclusion and equality in business. More than 270 corporations trust Disability:IN to activate and achieve disability inclusion across their enterprise and in the broader corporate mainstream. Through the world's most comprehensive disability inclusion benchmarking; best-in-class conferences and programs; and expert counsel and engagement, Disability:IN works with leading businesses to create long-term business and societal impact. Join us at disabilityin.org/AreYouIN #AreYouIN.
ABOUT SOUTHWEST AIRLINES CO.
Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 121 airports across 11 countries. Having celebrated its 50th Anniversary in 2021, Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline1. Based in Dallas and famous for an Employee-first corporate Culture, Southwest maintains an unprecedented record of no involuntary furloughs or layoffs in its history. By empowering its more than 61,0002 People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among as many as 130 million Customers carried a year. That formula for success brought industry-leading prosperity and 47 consecutive years3 of profitability for Southwest Shareholders (NYSE: LUV). Southwest leverages a unique legacy and mission to serve communities around the world including harnessing the power of its People and Purpose to put communities at the Heart of its success. Learn more by visiting Southwest.com/citizenship. Southwest is also continuing to develop tangible steps toward achieving carbon neutrality by 2050, including offering Customers an opportunity to help the airline offset its carbon emissions. To be part of the solution, visit Southwest.com/wannaoffsetcarbon.
1) U.S. Dept. of Transportation most recent reporting of domestic originating passengers boarded
2) Fulltime-equivalent active Employees
3) 1973-2019 annual profitability
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https://www.mysuncoast.com/prnewswire/2022/07/20/southwest-airlines-earns-top-score-disabilityins-disability-equality-index-third-consecutive-year/
| 2022-07-21T00:26:01Z
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LEAWOOD, Kan., Aug. 10, 2022 /PRNewswire/ -- Torch.AI, pioneers of data infrastructure AI, announced today the United States Department of Defense (DOD) has selected the company's software for a new cyber and insider threat analysis capability, the System for Insider Threat Hindrance (SITH).
Cyber attacks across all industries are on the rise. Costs related to cybercrime are expected to reach $10.5 trillion per year by 2025. Insider threats are one of the primary reasons for data record breaches, which are growing at nearly 200% per year. Employees, former employees, vendors, business partners and business associates are all insiders that could pose a threat to the average business.
With Torch.AI, the new SITH system dramatically increases the quality and availability of information used to detect threats by fusing disparate, complex government and commercial datasets and automating key tasks with advanced machine learning. Torch.AI's NEXUS™ software platform rapidly connects any source system or database to make data instantly machine readable without human intervention. Additionally, NEXUS™ provides synthesized data objects from a convenient interface. By objectizing the data, SITH avoids typical constraints of system-by-system data integrations, migrations, and duplications, which can impede analysis. Rather, Torch.AI connects to data where it resides with a flexible data mesh, integrating new data quickly, accurately, continuously and in a cost-effective manner without disrupting an agency's overall mission. This made the Torch.AI software a perfect choice for SITH and DOD.
Torch.AI developed SITH with the DOD Chief Digital and AI Office's (CDAO) Directorate for Digital Services (DDS), on behalf of the Defense Counterintelligence and Security Agency (DCSA). CDAO is responsible for the acceleration of the DOD's adoption of data, analytics, and AI to generate decision advantage from the boardroom to the battlefield. DCSA is the security agency in the federal government dedicated to protecting America's trusted workforce and trusted workspaces. DCSA services more than 100 federal entities, oversees 10,000 cleared companies, and conducts approximately 2 million background investigations each year.
The Department of Defense has made significant strides in unlocking the power of its data, harnessing artificial intelligence (AI), and providing digital solutions for warfighters. In February of 2022, the Office of the Secretary of Defense established the CDAO to strengthen and integrate data, artificial intelligence, and digital solutions in the Department.
"There are few situations where the quality and availability of data is more important than cyber and insider threat. It's a huge problem. It's getting worse every day," said Brian Weaver, Founder and CEO of Torch.AI. "Torch.AI software is mission-ready today. We are proud the DOD has selected our solution for this critical capability and the critical part we are playing to protect our warfighters and enhance our nation's security and economic viability."
Torch.AI, the Data Infrastructure AI Pioneers, are headquartered in Kansas City with offices in Washington, DC. The company developed the use of AI to process data in-flight, radically evolving analytic and operational capabilities in any IT environment. Torch.AI's products and people are currently actively supporting operations in industries including financial services, construction and engineering, healthcare, and the US Department of Defense, US Department of Homeland Security, and other agencies.
To learn more about the company, visit Torch.AI.
Media Contact: hello@torch.ai
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https://www.mysuncoast.com/prnewswire/2022/08/10/dod-selects-torchai-advanced-cyber-insider-threat-analysis-capability-sith/
| 2022-08-10T10:55:28Z
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SHANGHAI, July 10, 2022 /PRNewswire/ -- Qiming Venture Partners announced today the closing of its latest funds totaling US$3.2 billion, including USD Fund VIII at US$2.5 billion and the first closing of RMB Fund VII at RMB 4.7 billion (or US$ 700 million).
As in prior funds, Fund VIII was oversubscribed and reached its hard cap for limited partner commitments. This increases the firm's capital raised to $9.4 billion across 18 funds.
Committed capital includes the Qiming Venture Partners Fund VIII main fund that focuses on early and growth stage Technology and Consumer (T&C) and Healthcare investments and the Qiming Venture Partners Fund VIII-HC parallel healthcare fund that invests alongside the main fund (collectively "Fund VIII").
Fund VIII is led by Managing Partners Duane Kuang, Nisa Leung, William Hu, and Gary Rieschel, with full support of investment and administration teams based in Shanghai, Beijing, Shenzhen, and Hong Kong.
Since its inception in 2006, Qiming has demonstrated its ability to deliver consistently strong venture capital returns in China. Qiming has backed over 480 fast-growing companies, over 70 of which have achieved unicorn status. A vast majority of these companies were early stage at the time of initial investment. In addition, over 180 of our portfolio companies have achieved exits through IPO, M&A or other means, including Xiaomi, Gan & Lee Pharmaceuticals, Tigermed, Zai Lab, CanSino Biologics, APT Medical, Meituan, Bilibili and Roborock.
About Qiming Venture Partners
Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Hong Kong, Seattle, Boston and the San Francisco Bay Area.
Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.4 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Consumer (T&C) and Healthcare industries at the early and growth stages.
Since our debut, we have backed over 480 fast-growing and innovative companies. Over 180 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange or Shenzhen Stock Exchange, or through M&A or by other means. There are also over 70 portfolio companies that have achieved unicorn status.
Many of our portfolio companies are today's most influential firms in their respective sectors, including Xiaomi (SEHK:1810), Meituan (SEHK:3690), Bilibili (NASDAQ:BILI, SEHK:9626), Zhihu (NYSE: ZH, SEHK: 2390), Roborock (SHSE:688169), Gan & Lee Pharmaceuticals (SHSE: 603087), Tigermed (SZSE:300347, SEHK:3347), Zai Lab (NASDAQ:ZLAB, SEHK:9688), CanSino Biologics (SEHK:6185, SHSE:688185), Schrödinger (NASDAQ:SDGR), APT Medical (SHSE:688617), New Horizon Health (SEHK:6606), Venus MedTech (SEHK:2500), Sanyou Medical (SHSE:688085), AmoyDx (SZSE:300685), Berry Genomics (SZSE:000710), SinocellTech (SHSE: 688520), Yuanxin Technology, dMed-Clinipace, Belief BioMed, WeRide, Biren Technology and UBTech among many others.
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SOURCE Qiming Venture Partners
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https://www.kxii.com/prnewswire/2022/07/11/qiming-venture-partners-announces-closing-funds-totaling-us32-billion/
| 2022-07-11T01:38:15Z
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Police name suspect in deadly attack at California church
LAGUNA WOODS, Calif. (AP) — A man opened fire during a lunch reception at a Southern California church, killing one person and wounding five older people before a pastor hit the gunman on the head with a chair and parishioners hog-tied him with electrical cords.
Jerry Chen had just stepped into the kitchen of the church’s fellowship hall around 1:30 p.m. Sunday when he heard the gunshots.
Chen, 72, a longtime member of the Irvine Taiwanese Presbyterian Church, which worships at Geneva Presbyterian Church in Laguna Woods, peeked around the corner and saw others screaming, running and ducking under tables.
“I knew someone was shooting,” he said. “I was very, very scared. I ran out the kitchen door to call 911. "
Officials said the shooting ended after the gunman killed one man and wounded five older people before worshippers hog-tied his legs with an electrical cord until deputies arrived. Four of the five people wounded suffered critical gunshot injuries; their conditions were not immediately available Monday morning.
David Chou, 68, of Las Vegas has been booked on one count of murder and five counts of attempted murder, the Orange County Sheriff’s Department tweeted. Jail records show Chou is being held on $1 million bail. It’s not immediately known whether he has a lawyer who can speak on his behalf.
The church was cordoned off Monday with yellow police tape and several bouquets of flowers were left outside the church grounds.
But on Sunday afternoon, Chen said he was in such a state of shock that he was unable to tell the operator his location when he called 911 from the church’s parking lot.
“I had to ask someone else for the address,” he said.
Chen said a group of about 40 congregants had gathered in the fellowship hall for a luncheon after a morning service to welcome their former Pastor Billy Chang, a beloved and respected community member who had served the church for 20 years. Chang moved back to Taiwan two years ago. This was his first time back stateside, Chen said.
“Everyone had just finished lunch,” he said. “They were taking photos with Pastor Chang. I had just finished my lunch and went into the kitchen.”
That was when he heard the gunshots and ran out.
Soon afterward, Chen said he heard the details of what happened inside from others who came out. Fellow congregants told Chen that when the gunman stopped to reload, Chang hit him on the head with a chair while others moved quickly to grab his gun. They then subdued him and tied him up, Chen said.
“It was amazing how brave (Chang) and the others were,” he said. “This is just so sad. I never, ever thought something like this would happen in my church, in my community.”
Most of the church’s members are older, highly educated Taiwanese immigrants, Chen said.
“We’re mostly retirees and the average age of our church is 80,” he said.
Orange County Undersheriff Jeff Hallock praised the parishioners’ quick work to detain the gunman.
“That group of churchgoers displayed what we believe is exceptional heroism and bravery in intervening to stop the suspect. They undoubtedly prevented additional injuries and fatalities,” Hallock said. “I think it’s safe to say that had people not intervened, it could have been much worse.”
The shooting came a day after an 18-year-old man shot and killed 10 people at a supermarket in Buffalo, New York.
As news of the shooting broke on the heels of the racist rampage in Buffalo — where the white gunman allegedly targeted a supermarket in a predominantly Black neighborhood — fear spread that the Taiwanese congregation had also been targets of a hate crime.
But when the shooter was identified as an Asian man, other questions arose as the investigation into the violence and the gunman’s motive continues.
The case is in its early stages, Hallock said. He said the many unanswered questions include whether the assailant attended the church service, if he was known to church members and how many shots were fired.
Laguna Woods was built as a senior living community and later became a city. More than 80% of residents in the city of 18,000 people about 50 miles southeast of Los Angeles are at least 65. The shooting was in an area with a cluster of houses of worship, including Catholic, Lutheran and Methodist churches and a Jewish synagogue.
Those wounded by gunshots included four Asian men, ages 66, 75, 82 and 92, and an 86-year-old Asian woman, the sheriff’s department said.
It was not immediately clear whether all of the victims were of Taiwanese descent, or if the gunman also has ties to Taiwan.
Taiwan’s democratically elected government has long taken a hands-off approach to religion on the island, where most follow Buddhism and traditional Chinese beliefs, but where Christianity and other religions also thrive.
Taiwan’s chief representative in the U.S., Bi-khim Hsiao, offered condolences to the families on Twitter.
“I join the families of the victims and Taiwanese American communities in grief and pray for the speedy recovery of the wounded survivors,” Hsiao wrote on Sunday.
The deadliest shooting inside a U.S. church was in 2017 in Sutherland Springs, Texas. A gunman opened fire during a Sunday service at First Baptist Church and killed more than two dozen people.
In 2015, Dylann Roof fired dozens of bullets during the closing prayer of a 2015 Bible study session at Charleston’s Mother Emanuel AME Church in South Carolina. Nine members of the Black congregation were killed in the racist violence and Roof became the first person in the U.S. sentenced to death for a federal hate crime. His appeal remains before the Supreme Court.
____
This story has been corrected to show that Pastor Billy Chang has not retired.
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Weber and Bharath reported from Los Angeles. Associated Press journalist Stefanie Dazio in Los Angeles also contributed to this story.
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Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/05/16/police-name-suspect-deadly-attack-california-church/
| 2022-05-16T16:46:23Z
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NEW YORK, Aug. 24, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Ampio Pharmaceuticals, Inc. (NYSE American: AMPE) between December 29, 2020 and August 3, 2022, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022.
SO WHAT: If you purchased Ampio Pharmaceuticals securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Ampio Pharmaceuticals class action, go to https://rosenlegal.com/submit-form/?case_id=8201 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose material adverse facts about the Company's business operations and prospects. Specifically, defendants: (1) inflated the Company's true ability to successfully file a Biologics License Application (BLA) for Ampio; (2) inflated the results of the AP-013 study of Ampion (the Company's lead product with "unique immunomodulatory action and anti-inflammatory effects" used to treat individuals with inflammatory conditions including, but not limited to, severe osteoarthritis of the knee (OAK)) and the timing of unblinding the data from the AP-013 study; and (3) that, as a result, of the foregoing, defendants' statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Ampio Pharmaceuticals class action, go to https://rosenlegal.com/submit-form/?case_id=8201 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
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| 2022-08-24T20:09:29Z
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CNN Exclusive: ‘We need ammo. We need fraud examples. We need it this weekend.’ What the Meadows texts reveal about how two Trump congressional allies lobbied the White House to overturn the election.
By Ryan Nobles, Annie Grayer, Zachary Cohen and Jamie Gangel, CNN
In the weeks between the 2020 election and the January 6 attack on the US Capitol, almost 100 text messages from two staunch GOP allies of then-President Donald Trump reveal an aggressive attempt to lobby, encourage and eventually warn the White House over its efforts to overturn the election, according to messages obtained by the House select committee and reviewed by CNN.
The texts, which have not been previously reported, were sent by Republican Sen. Mike Lee of Utah and GOP Rep. Chip Roy of Texas to then-White House chief of staff Mark Meadows. The text exchanges show that both members of Congress initially supported legal challenges to the election but ultimately came to sour on the effort and the tactics deployed by Trump and his team.
“We’re driving a stake in the heart of the federal republic,” Roy texted Meadows on January 1. That text was first released in December by the House select committee and described as being written by a House Freedom Caucus member. Roy’s authorship has not been previously reported.
When situated in the overall timeline of events between the election and January 6, the series of texts from Lee and Roy provide new details about how two Trump allies went from fierce advocates of the former President’s push to overturn Joe Biden’s win to disheartened bystanders. By January 3, Lee was texting Meadows that the effort “could all backfire badly.”
But shortly after the election, both men were encouraging Trump to keep fighting.
In a series of texts to Meadows on November 7, Lee offered his “unequivocal support for you to exhaust every legal and constitutional remedy at your disposal to restore Americans faith in our elections.”
Lee went on: “This fight is about the fundamental fairness and integrity of our election system. The nation is depending upon your continued resolve. Stay strong and keep fighting Mr. President.”
Also on November 7, Roy wrote to Meadows, “We need ammo. We need fraud examples. We need it this weekend.”
In a statement to CNN, Lee’s communications director, Lee Lonsberry, said, “I’d like to highlight that Senator Lee has been fully transparent,” pointing to how Lee had called for an investigation into claims of fraud in the 2020 election but ultimately recognized Biden as president-elect and voted to certify the electoral results on January 6.
Roy Communications Director Nate Madden told CNN the text messages “speak for themselves.”
An attorney for Meadows did not respond to CNN’s request for comment.
A spokesperson for the select committee declined to comment.
A source familiar with the committee’s work tells CNN that Lee’s texts “reflect he was a cheerleader before he was against it. He uses legal language to push blatant conspiracy theorists into the Trump orbit.”
‘Can you help her get in?’
Over a few days in November, Lee lobbied Meadows to get attorney Sidney Powell access to Trump.
“Sydney Powell is saying that she needs to get in to see the president, but she’s being kept away from him,” Lee wrote to Meadows on November 7. “Apparently she has a strategy to keep things alive and put several states back in play. Can you help get her in?”
Lee then sent Meadows Powell’s cell number and her email.
On November 9, Lee again pressed Meadows about Powell, calling her a “straight shooter.”
That same day, Roy warned Meadows about Trump’s approach, texting him, “We must urge the President to tone down the rhetoric, and approach the legal challenge firmly, intelligently and effectively without resorting to throwing wild desperate haymakers or whipping his base into a conspiracy frenzy.”
Then came the now-infamous news conference on November 19, where members of Trump’s legal team — including Powell, Rudy Giuliani and Jenna Ellis — laid out a series of false claims and conspiracy theories about alleged voter fraud.
The messages started to take on a more critical tone.
“Hey brother – we need substance or people are going to break,” Roy texted on November 19, a few hours after the news conference wrapped.
Two hours later, Lee texted Meadows with serious concerns, saying he was “worried about the Powell press conference.”
Lee told Meadows, “The potential defamation liability for the president is significant here.
“For the campaign and for the president personally.
“Unless Powell can back up everything she said, which I kind of doubt she can.”
Meadows responded, “I agree. Very concerned.”
The news conference came as Trump’s legal losses piled up in his effort to challenge the results in key swing states.
From Powell to Eastman
By late November, Lee had shifted away from Powell and started promoting right-wing lawyer John Eastman, who a federal judge in California said last month may have been planning a crime with Trump as they sought to disrupt the January 6 congressional certification of the presidential election, calling it “a coup in search of a legal theory.”
Privately Roy was also texting Meadows with support for Eastman, and criticizing Giuliani.
“Have you talked to John Eastman?” Roy texted on November 22. “Get Eastman to file in front of pa board of elections…
“Get data in front of public domain.
“Frigging rudy needs to hush.”
By December, both Republican lawmakers express grave concerns to Meadows about the plan to challenge the certification of the election on January 6.
On December 16, Lee asked Meadows for guidance: “If you want senators to object, we need to hear from you on that ideally getting some guidance on what arguments to raise.
“I think we’re now passed the point where we can expect anyone will do it without some direction and a strong evidentiary argument.”
On December 31 Roy expressed even more concern in a text to Meadows.
“The president should call everyone off. It’s the only path. If we substitute the will of states through electors with a vote by congress every 4 years… we have destroyed the electoral college… Respectfully,” Roy wrote.
By this time, Trump and his allies were working behind the scenes to enlist portions of the federal government in the effort to overturn the election. That included urging Justice Department officials, including then-Attorney General William Barr, to investigate fraud even after the agency had declared there was none. Trump was also putting heavy pressure on then-Vice President Mike Pence not to certify the election on January 6.
In a January 3 text to Meadows, Lee argued that Trump’s effort to have states send alternate slates of electors to Congress was not legitimate.
“I only know that this will end badly for the President unless we have the Constitution on our side,” Lee texted in a note to Meadows. “And unless these states submit new slates of Trump electors pursuant to state law, we do not,” Lee wrote to Meadows.
As CNN has previously reported, the plan to replace authentic electors with fake ones in a handful of swing states was orchestrated by allies of the former President and overseen by his then-attorney Giuliani.
None of those alternate slates of pro-Trump electors received sign-off from state officials or were put before Congress.
While Lee and Roy both voted to certify the electoral results in favor of Biden, more than 100 of their GOP colleagues in both the House and Senate did not. Chief among them were Sens. Ted Cruz of Texas and Josh Hawley of Missouri, both of whom Lee called out in his texts to Meadows.
“I have grave concerns with the way my friend Ted is going about this effort,” Lee wrote to Meadows. “This will not inure to the benefit of the president.”
Lee added that unless new, competing slates of electors were put forward in accordance with state law, the net effect “could help people like Ted and Josh to the detriment of DJT.”
When January 6 finally came, neither Lee nor Roy joined their colleagues in objecting to the 2020 presidential election results.
After the violence unfolded and Congress returned to session, Roy said on the House floor, “The President should never have spun up certain Americans to believe something that simply cannot be.”
He also texted Meadows, “This is a sh*tshow.
“Fix this now.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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| 2022-04-15T14:33:49Z
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James K. Landau, Douglas S. Trokie and David C. Holland Join Prince Lobel to Expand the Firm's Cannabis Practice into New York
NEW YORK, May 17, 2022 /PRNewswire/ -- Prince Lobel, a cannabis industry leader in the legal profession, today announced that it will expand its offices to New York City and White Plains, tapping New York's most sought-after cannabis lawyers: James K. Landau, Douglas S. Trokie, and David C. Holland.
A trailblazer in the cannabis industry, Prince Lobel has served the legal needs of its cannabis industry clients since 2014. Clients have utilized Prince Lobel's multi-disciplinary cannabis team for a wide range of legal needs, including securing sites and entitlements, providing legal support services for day-to-day corporate operations, and M&A services to marijuana dispensary entrepreneurs, cultivators, manufacturers, management companies, and investors. With New York poised to become the largest cannabis market in the country, the addition of Landau, Trokie and Holland will provide New York cannabis clients the ability to leverage the firm's vast experience alongside the trio's expansive knowledge of local, state, and federal laws, and years of experience in litigation, zoning and corporate law.
"Jim, Doug and Dave are the perfect fit for Prince Lobel, and we are excited to have them join our team," said Prince Lobel's Managing Partner, Craig Tateronis. "They are zealous advocates, leaders in their communities and client service driven. Their addition will greatly benefit our clients, and we feel fortunate to have attorneys with their knowledge, skill and experience leading our New York team."
About Prince Lobel's New York-based team:
James K. Landau: Landau represents clients in litigation matters before Federal, New York State and Local courts and other tribunals, including arbitration and mediation before the American Arbitration Association. Landau's practice also focuses on providing day-to-day business counseling to clients within various industries, including the cannabis industry. Landau is Chair of the Ethics Committee of the New York State Bar Association, Cannabis Law Section. He is also a Founder and immediate Past Co-Chair of the Westchester County Bar Association's Cannabis Law Committee, and he is a Director and Chairs the Joint Regulatory Committee of the New York and Hudson Valley Cannabis Industry Associations. Landau is the immediate past President of the White Plains Bar Association and was just elected as Vice President of the Westchester County Bar Association. He is a frequent speaker on Cannabis law, including ethics, licensing and banking. Landau has been recognized as a New York Metro Super Lawyer® in the area of Commercial Litigation every year since 2012. In addition, Landau has received a peer review rating of AV ® Preeminent on Martindale-Hubbell®.
"I am very excited to be joining a firm that shares my passion for the cannabis industry and commitment to client service," said Landau. "I look forward to working with my colleagues, Doug and Dave, to build a thriving presence for Prince Lobel in New York."
Douglas S. Trokie: Trokie has been representing individuals and companies of all sizes for over 30 years in a broad range of commercial, corporate, and real estate transactions in the New York metropolitan area and Connecticut. His clients include U.S. and international corporations, limited liability companies, partnerships and individuals involved in numerous fields, including cannabis, executive search and staffing services, advertising, banking, accounting, real estate and both wholesale and retail sales. Trokie is a member of the Cannabis Law Committee of the Westchester County Bar Association and the Regulatory Committee of the Hudson Valley Cannabis Industry Association. Trokie speaks on topics relating to cannabis law and most recently participated in a panel of the Westchester Multi-Cultural Chamber, speaking on the ABCs of starting and operating a business for new entrepreneurs. He has also been recognized as a New York Metro Super Lawyer® in the fields of business and corporate law every year since 2015 and is admitted to practice in New York and Connecticut.
"We are excited to join Prince Lobel during this pivotal moment in the cannabis industry," said Trokie. "We look forward to successfully navigating the legal aspects of this rapidly changing market."
David C. Holland: Holland is a seasoned litigator and highly sought-after consultant for start-up and established brands, businesses, nonprofits and investors within the legal cannabis space and a fierce advocate for individuals who have faced draconian persecution for the use or possession of cannabis. From contract drafting to representing companies before professional licensing boards, legal compliance reviews, securing permits and leading negotiations with local and state municipalities for large-scale cannabis events, Holland is experienced in all aspects of cannabis business consultation and serves as an integral member of corporate teams. Outside of his legal practice, he is at the forefront of the legalized cannabis movement and clemency advocacy. Holland currently serves as the Executive and Legal Director of Empire State NORML, President of the NYC Cannabis Industry Association, Vice President of the Hudson Valley Cannabis Industry Association and Legal Advisor for the Last Prisoner Project. He was named a 2022 New York Metro Super Lawyer in Cannabis and Top 100 Lawyers 2021 Attorney of the Year.
"I am honored to be joining Prince Lobel to expand their growing cannabis practice in New York," said Holland. "I am thrilled to provide legal counsel to entering and existing operators and advocate for individuals who have faced wrongful prosecution for the use or possession of cannabis. I look forward to working closely with my colleagues and old friends, Doug and Jim, as we navigate the ever-changing and dynamic New York market."
Previously, Landau and Trokie were partners at McCarthy Fingar LLP in White Plains, New York. Holland was Principal of The Law Offices of David Clifford Holland P.C.
About Prince Lobel:
Prince Lobel has a demonstrated record of delivering successful outcomes for its clients. Prince Lobel attorneys handle matters of local, regional, national, and international reach, pairing the highest level of legal experience and skill with superior client responsiveness. The firm's bold thinking extends to the many commitments its attorneys make to their communities and the firm's founding principles of diversity and inclusion by creating a diverse, dynamic, supportive, and collaborative place to work for all team members.
Contact: Gillian Linden
gillian@rosengrouppr.com, 703.402.6507
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| 2022-05-17T14:44:40Z
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Zazzle allegedly made hundreds of millions in profits and avoided paying hundreds of millions in licensing fees by stealing the software for one of its most popular fonts from famed designer
SAN FRANCISCO, Aug. 24, 2022 /PRNewswire/ -- One of the world's leading graphic designers filed suit today against internet design and printing giant, Zazzle, Inc., for allegedly cheating her business out of its intellectual property, which allowed Zazzle to earn hundreds of millions of dollars in ill-gotten profits.
Nicky Laatz, one of the leading custom premium font designers in the world, filed this action today in U.S. District Court for the Northern District of California, alleging that Zazzle fraudulently and secretly obtained her Blooming Elegant Trio of fonts software for use on Zazzle's website.
Link to lawsuit: https://www.bzbm.com/wp-content/uploads/2022/08/Laatz-v.-Zazzle-Complaint-8-24-22.pdf.
According to the lawsuit, Zazzle instructed its senior network engineer to pose as an individual designer and obtain a single-user license for the Blooming Elegant Trio of fonts, but in reality the fonts were obtained for Zazzle's illegal use. Zazzle then loaded the software onto its servers and made the fonts available to tens of millions of Zazzle designers and customers without permission or compensation to the designer.
Nicky Laatz typically charged $17 per user for these premium fonts. Because her Blooming Elegant Trio of fonts quickly became some of the most popular fonts on Zazzle, the company was able to earn hundreds of millions of dollars in profits from its illegal use of the fonts, and avoid paying hundreds of millions of dollars in licensing fees, with zero compensation to Ms. Laatz.
The suit seeks disgorgement of all of Zazzle's hundreds of millions of dollars in profits from the unlawful use of Laatz's hugely popular Blooming Elegant Trio of fonts, as well as hundreds of millions of dollars in lost licensing revenue related to Zazzle providing the fonts to its tens of millions of unlicensed users. Claims in the case include fraudulent misrepresentation and concealment, promissory fraud, copyright and trademark infringement, and breach of contract.
"This is a case of brazen fraud, committed by a widely recognized, multi-billion-dollar brand against the very kind of creative talent Zazzle claims to support," said Ms. Laatz's lead trial counsel, Patrick M. Ryan of the Bartko law firm. "When Zazzle couldn't get a license for use on its site, Zazzle had one of its senior engineers pose as an individual designer so he could obtain a single-user license, all the while secretly planning to give the font software to Zazzle for use on its site.
"And then Zazzle turned around and gave its tens of millions of designers and users access to the fonts with zero compensation to the artist. This is outrageous and one of the clearest cut cases of fraud that I've ever seen in more than twenty years of practicing law," said Mr. Ryan.
Zazzle, based in Menlo Park, is one of the most successful online marketplaces for designers looking to create and sell a wide range of customized items including invitations, business cards, holiday and greeting cards, clothing, art, and office supplies, to the public.
Zazzle is reportedly preparing for an IPO that would value it at up to $2 billion. Yet, while the company raked in hundreds of millions in profits from the unauthorized use of Laatz's intellectual property for more than five years, she received not a single cent in royalties from Zazzle.
"Zazzle … is built on a lie that it supports, promotes, and fairly compensates artists and designers for their creative work. In reality, Zazzle's high valuation and hundreds of millions of dollars in annual profits are largely due to the intellectual property of designers whom Zazzle has stolen from and failed to properly compensate, if at all," according the lawsuit filed today.
Nicky Laatz, based in the UK, carefully created the Blooming Elegant Trio of fonts to be an extremely balanced and pleasing handwriting-style of fonts, and they are widely considered by designers to be among the best such fonts available. Indeed, their reputation and popularity was such that Zazzle actively marketed the fonts by name, and Blooming Elegant quickly became listed as the #2 script font by Zazzle starting over three years ago.
The complaint alleges that the Blooming Elegant Trio of fonts are the most popular fonts with Zazzle's most successful graphic designers who have their own online storefronts on Zazzle's website and whose work is featured among Zazzle's most popular designs and products.
The Blooming Elegant Trio proved extremely profitable for Zazzle. These fonts became the major design element in countless highly popular items by some of Zazzle's most successful designers, including ten of Zazzle's 24 most popular business card designs and many of its top wedding invitations. Several of Zazzle's highest-earning designers, who earn hundreds of thousands of dollars or more a year on Zazzle, relied on the fonts for a substantial portion of their product offerings.
Two years ago, in late August 2020, Laatz discovered the deception when a Zazzle user contacted her for assistance with using the fonts on the Zazzle website. Shocked, Laatz demanded that Zazzle cease offering her fonts to its designers and customers. She also demanded that Zazzle provide her with a full list of products designed on and/or sold through its website that used her fonts, and a complete accounting of the company's revenues and profits from the illegitimate use of her intellectual property.
Yet the company not only refused her demands, it continued to openly offer the Blooming Elegant Trio of fonts under their own name, for which Ms. Laatz has a registered trademark, until earlier this month., when Zazzle inexplicably replaced the Blooming Elegant Trio of fonts with cheap imitations, one of which was copied from Blooming Elegant itself – extending the harm to Zazzle's own designers and users who are also victims of the fraud.
"Sadly, this appears to be a pattern of behavior for Zazzle, which has done the same thing to other custom font designers," added Ryan. "We are asking the court not only to compensate Nicky for the designers and millions of dollars they diverted from her business, but to disgorge Zazzle's massive profits that it earned off Nicky Laatz's brilliant designs."
Bartko, established more than 40 years ago, is a boutique law firm specializing in national and international complex litigation and investigations, as well as real estate and franchising transactions.
It is a 40-plus-lawyer firm dedicated to strategic cutting-edge representation of clients in California, nationally, and internationally. Bartko's practice areas include representing both plaintiffs and defendants in complex business litigation, antitrust and competition claims, intellectual property litigation, trade secret litigation, anticounterfeiting, complex employment litigation, employment/labor strategic advice and collective bargaining, as well as real estate litigation, among others.
Bartko's lead trial counsel in this case is Patrick M. Ryan, who is one of the most successful trial lawyers in the United States. Recent victories include: (1) acting as co-lead counsel in defending Sutter Health from antitrust allegations by class action plaintiffs in the Northern District of California where, after a 5-week trial, the jury returned a verdict in favor of Sutter Health and against the plaintiffs who sought $411 million in damages, which would have been subject to trebling; (2) lead counsel for the plaintiff in a trade secret case in Santa Clara County, California, where he obtained a nearly $900 Million jury verdict on behalf of a major international technology company.
In 2020, Patrick was named a Top Trade Secret Lawyer for 2020 by the California Daily Journal. As a result of one of his jury verdicts, Bartko was ranked as Number 3 in the Top 100 Verdicts—published by The National Law Journal (June 2019)—and having the highest ranked intellectual property victory in the United States for that year. And the California Daily Journal's Top Verdicts publication named Patrick's case the highest Intellectual Property and Trade Secrets victory in California and the Number 2 highest judgment overall for 2019.
As part of his practice, Patrick helps businesses better protect their intellectual property and coordinates investigations into potential IP theft for companies accused of stealing trade secrets and for companies that might have been the victims of such theft. In this case, Patrick seeks to vindicate the rights of an important artist whose IP was stolen and exploited by Zazzle.
Co-counsel Stephen Steinberg is a trial lawyer at Bartko specializing in representing technology companies in disputes involving intellectual property and other complex business issues, including claims for theft of trade secrets, trademark and copyright infringement, and disputes involving startups and founders. He regularly represents both plaintiffs and defendants in such cases, and counsels companies on how to protect their intellectual property from competitors and how to avoid claims by competitors against them. He second-chaired the trial in the aforementioned trade secret case that led to a nearly $900 Million jury verdict that was ranked as one of the largest in 2019.
--30--
Contact: Sam Singer
Singer Associates Public Relations
singer@singersf.com
Cell: 415.336.4949
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| 2022-08-25T02:26:14Z
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Brazil has a towering new statue of Jesus
Jack Guy, Vasco Cotovio, Rodrigo Pedroso and Francesca Street, CNN
The Brazilian town of Encantado has a towering new statue of Jesus Christ that rivals the height of Rio de Janeiro’s famous “Christ the Protector” statue.
The Cristo Protetor de Encantado has been in the works since 2019. Recent drone photos show it looks more or less finished.
Made of steel and concrete, the statue is 43 meters (141 feet) tall, 4.9 meters taller than Rio’s structure, according to Friends of Christ Association (AACristo), the local organization responsible for building the statue.
The structure was designed by sculptor Genésio Gomes Moura and his son, Markus Moura. It’s set to be the third-tallest statue of Jesus in the world, after a 249-foot monument currently under construction in Mexico and a 172-foot figure in Poland.
In a statement on the Cristo Protetor de Encantado’s official website, AACristo says the statue was completed in late April, but a surrounding tourist complex is still in the works and won’t be finished until early 2023.
An elevator inside the statue is also still to be installed, according to Brazil media. Once completed, the elevator will take visitors to a lookout point at the height of Christ’s heart, rewarding them with spectacular hilltop views.
“It will be a glass opening from where people will be able to film and photograph the valley,” head project supervisor Artur Lopes de Souza explained on the AACristo website.
The project is expected to cost around $353,000 in total. AACristo is asking for donations to finish the project.
For now, visitors can go and admire the soaring statue up close — visits are permissible on Saturdays and Sundays, according to the Cristo Protetor de Encantado website
The hope is the new statue will boost tourism in the town of Encantado and the surrounding area, which is close to Brazil’s borders with Uruguay and Argentina.
The Christ the Redeemer statue has overlooked the city of Rio de Janeiro for almost 90 years and remains one of Brazil’s most famous tourist attractions.
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Top photo: a drone image of the new statue in Encantado, Brazil, taken on April 29, 2022 with a drone. Photo credit REUTERS/Diego Vara
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| 2022-05-03T13:10:57Z
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OSLO, Norway, April 21, 2022 /PRNewswire/ -- Opera Limited (Nasdaq: OPRA) ("Opera") announced that it has sold its 19.35% ownership interest in Star Group Interactive Inc. ("Star X", formerly known as "StarMaker"), to Kunlun Tech Limited ("Kunlun"), its parent company, for $83.5 million in cash. The transaction closed on the same date. Within ten business days, an initial $28.4 million will be paid, with the remaining consideration to be paid in two equal installments by December 31st of 2023 and 2024 with no contingencies. Opera will collect 3.5% simple annual interest on the deferred installments.
Star X is a fast-growing technology-driven social media company focused on audio-centric social networking, which is popular in emerging markets like Southeast Asia and the Middle East. Opera acquired the investment in 2018 for a total consideration of $30 million. The sale represents a 178% cash-on-cash return on Opera's investment, and an increase of $26.4 million relative to the unaudited fair value previously included in Opera's quarterly reporting. The Kunlun group was already the controlling shareholder of Star X prior to this transaction. After receiving an indication of interest from Kunlun, Opera engaged an independent financial advisor to cultivate alternative offers, and ultimately perform a valuation analysis on behalf of Opera's Board of Directors and its audit committee that concluded that the transaction would be within the fair valuation range, from a financial point of view.
"We are very pleased to realize a significant return on our investment for all of our shareholders," said Opera co-CEO Song Lin. "With the sale of Nanobank in March, and this recently-completed sale of Star X, we are able to further strengthen our balance sheet and redouble our focus on the exciting opportunities ahead for our core business."
About Opera
Opera is a global web innovator with an engaged and growing base of hundreds of millions of monthly active users who seek a better internet experience. Building on over 25 years of innovation that started with browser products, Opera is now leveraging its brand and highly engaged user base in order to expand its business into new segments. Today, Opera offers users around the world a range of products and services that include PC and mobile browsers, the newsreader Opera News, and apps dedicated to gaming, e-commerce and classifieds. Opera is headquartered in Oslo, Norway and listed on the NASDAQ stock exchange (OPRA).
Learn more about Opera at www.investor.opera.com or on Twitter @InvestorOpera.
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| 2022-04-21T12:51:45Z
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Gov. launches program to increase affordable housing development as state’s economy expands
TOPEKA, Kan. (WIBW) - With economic development vastly expanding in Kansas, Governor Kelly says so too must housing development, which is why she launched a new program on Thursday.
Kansas Governor Laura Kelly says on Thursday, April 21, she announced the launch of a new housing program for developers to address housing needs in communities throughout the Sunflower State.
Gov. Kelly said the Startup Housing Opportunity Venture Loan program will provide funds to housing developers for expenses incurred before the closing of permanent financing for housing developments.
“A shortage of quality, affordable housing is a barrier to economic growth and development throughout the state - and particularly in rural Kansas,” Kelly said. “Affordable housing is a vital component of recruiting and retaining workers, families, and entrepreneurs to help rural and urban Kansas thrive. We can’t capitalize on our record-breaking economic success if we don’t have affordable housing options for our workforce, and I’m pleased this new program will be another step in addressing this challenge.”
Kelly noted that economic development - including new business recruitment, business expansion and job retention - is highly dependent on available and adequate housing.
To qualify for the SHOVL program, Kelly said housing developments are required to directly connect to past, current, or future economic development efforts. She said the link between housing and economic development could include:
- New job creation within the last several years
- An opportunity to attract a new business with the development of workforce housing
- Expansion plans by an existing local business
- A pending economic development project that will require additional housing
- Job retention of a local business dependent upon adequate housing development
“We remain committed to finding creative ways to assist developers in finding the funding they need to get projects started,” Lieutenant Governor and Commerce Secretary David Toland said. “Housing is critical to economic development and we must continue to invest in housing in order to attract new businesses and new residents to the state.”
The Governor said SHOVL is available for housing developers who want to construct housing developments in communities with populations of 10,000 or less. She said it will offer a no-interest loan of up to $25,000 and require a 20% match. Loans are available to private developers, nonprofit organizations or local governments.
“Rural housing development often lacks something that can jump-start the process. The SHOVL program will provide that spark,” Housing Specialist, Randy Speaker said.
For more information about the SHOVL program, click HERE.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/04/21/gov-launches-program-increase-affordable-housing-development-states-economy-expands/
| 2022-04-21T17:27:50Z
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Italy’s premier to sign gas deal with Algeria amid war
MILAN (AP) — Italian Premier Mario Draghi is traveling to Algeria to sign a deal for more natural gas as European Union countries urgently seek alternative energy sources following Russia’s invasion of Ukraine. Russia is Italy’s biggest supplier representing 40% of total imports, followed by Algeria, which provides some 21 billion cubic meters of gas by pipeline. The new deal would add an additional 9 billion cubic meters of gas from Algeria, just eclipsing Russia’s 29 billion cubic meters a year. Europe is trying to cut its reliance Russian natural gas imports quickly. There’s also concern Russia might turn off the taps in reprisal for sanctions, which would have devastating effects on the European economy.
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https://localnews8.com/news/ap-national-business/2022/04/11/italys-premier-to-sign-gas-deal-with-algeria-amid-war/
| 2022-04-11T12:59:35Z
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Nearly 600 endangered tadpoles introduced in Puerto Rico from Sunset Zoo
MANHATTAN, Kan. (WIBW) - Nearly 600 endangered tadpoles have been sent to Puerto Rico and introduced into man-made ponds from Sunset Zoo as part of a conservation program.
The Sunset Zoo in Manhattan says keepers have aided in the conservation of the Puerto Rican crested toad population with a recent shipment of 582 tadpoles to Puerto Rico from its conservation program.
The Zoo said the program partners with the Puerto Rican Crested Toad Conservancy in an effort to restore the population of toads on the endangered species list.
In 1984, the Zoo noted that the PRCT became the first amphibian Species Survival Plan program under the Association of Zoos and Aquariums. It said the SSP was converted to a nonprofit in 2021 and is now a consortium of zoos, individuals and organizations who work together for the long-term survival of the species in the wild.
Along with its partners, the Zoo said the PRCTC manages most extended continuous running reintroduction programs for amphibian species. Currently, it said 18 institutions participate in reintroduction efforts and have collectively released around 600,000 tadpoles into Puerto Rico.
According to the Zoo, the tadpoles are kept in isolation from the general population to prevent the spread of disease to the wild. While the toads were bred naturally, it said hormones are usually used to time all breedings to coordinate shipments and releases in Puerto Rico. It said the tadpoles are sent via FedEx and are individually identified, tracked and studied.
The Zoo indicated that breeding recommendations are made by the coordinator six times each year. Typically, it said 3-4 institutions breed per release.
In 2022, the Zoo said it successfully delivered 582 tadpoles to the U.S. territory.
Once the tadpoles are sent, the Zoo noted that they are acclimated in man-made ponds, and monitored until they metamorphose and disperse. Currently, it said six reintroduction sites are found in historical habitats and separated from the last remaining wild population in the south.
For the past 35 years, the Zoo said wild populations in Guanica have fluctuated from 300 to 3,000 toads. It said the species is difficult to monitor due to its fossorial lifestyle. Therefore, it said the PRCT is generally only observed when they congregate during large rain events for breeding.
“Sunset Zoo is thankful to be a partner in this species-saving reintroduction program for Puerto Rician Crested Toads. We have been a part of this program since 2014, and it is just one of the ways Sunset Zoo can help with conservation on a global scale. Our staff, including our education and zookeeping staff, provide great care for the Puerto Rican crested toads throughout the year. We are honored to be able to participate in their survival plan,” said Scott Shoemaker, Director of Sunset Zoo.
For more information about the Puerto Rican crested toad and other amphibians, click HERE.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/07/08/nearly-600-endangered-tadpoles-introduced-puerto-rico-sunset-zoo/
| 2022-07-08T22:03:50Z
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Leading Web3 Platform Receives Two Additional Technology Patents that Empower Artists to Protect and Manage Music, Digital Media, and Creative Rights on the Blockchain
LAS VEGAS, Aug. 3, 2022 /PRNewswire/ -- TuneGO®, a leading Web3 music platform, was awarded by the U.S. Patent and Trademark Office ("USPTO") two new patents for technology that protects content creators and copyright owners.
"The patented TuneGO Vault demystifies and simplifies Web3 for creators, and TuneGO's Web3 marketplace is the community gateway to the new culture of fans, collectors, and consumers," said John Kohl, Co-Founder and CEO of TuneGO. "We continue to lead with innovation and are pleased the U.S. Patent Office has once again recognized the uniqueness of our proprietary technology as we forge ahead into the future of Web3."
TuneGO operates on the Flow blockchain, the home of NBA Top Shot, NFL ALL DAY, UFC Strike, and LaLiga (coming soon). TuneGO creates a technology gateway between the creative ecosystem and consumers, and is bolstered by the ease-of-use and no gas fees of the eco-friendly Flow blockchain.
TuneGO has been granted the following two U.S. patents:
- U.S. Patent No. 11,250,111—The patent is directed toward technology for verifying, via the digital vault, a completeness of the content metadata associated with the media content in the container file and identifying a salable content item that is to be put up for sale via a non-fungible token (NFT) transaction, while prohibiting the sale of the salable content item until consent for the sale is received from each stakeholder from whom consent is required.
- U.S. Patent No. 11,256,788—The patent is directed toward technology for populating an NFT container file with a salable content item and a specification of ownership rights to the salable content item, offering the ownership rights to the salable content item for sale via an NFT transaction, and updating the NFT container file to reflect change in the ownership rights to the salable content after sale of the salable content item.
These recently granted patents enhance TuneGO's already formidable patent portfolio that includes 18 U.S. and foreign-granted and pending patent applications—covering various aspects of secure digital storage of music and digital media, creative rights administration and protection, safe and secure project collaboration, and the monetization of creative work through traditional channels and new revenue streams in the world of Web3.
"These new patents, in addition to our formidable existing patent portfolio, demonstrate that TuneGO continues to be the industry's innovator with regard to our application of proprietary Web3 technology," said Stacy Haitsuka, CTO of TuneGO. "We will continue to invest in and innovate around our revolutionary TuneGO Vault with additional patented technologies so that we can provide our customers with the best solution to securely manage and monetize their media content."
TuneGO's proprietary technology provides an industry-unique platform that establishes a digital record of the creative process, by tracking creative contributions from the inception of the project—ensuring all credits are properly recorded, creative rights are properly protected, and digital assets are properly secured. TuneGO's patented technology protects the creative community by ensuring proper credit is given for their creative work, resulting in the proper collection of royalties. For fans and collectors, TuneGO provides assurance of the authenticity of work to validate and maximize the value of Web3 collectibles.
TuneGO's mission is to secure and protect music and digital media, empower the creative community, and accelerate the world's transition to Web3. TuneGO provides a robust, global, end-to-end proprietary technology platform that demystifies and simplifies Web3, solves significant problems that plague the music industry, provides a patented safe and secure collaborative environment that facilitates and improves creative output, and establishes a community gateway for the music industry to connect to the new culture of fans, collectors, and consumers. TuneGO's proprietary technology platform is secured by 7 granted patents and 200+ intellectual property claims. To learn more please visit www.TuneGO.com or download TuneGO from the app store.
Media Contact:
JConnelly for TuneGO
tunegopr@jconnelly.com
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SOURCE TuneGO, Inc.
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https://www.mysuncoast.com/prnewswire/2022/08/03/tunego-awarded-new-web3-patents-expanding-intellectual-property-portfolio/
| 2022-08-03T13:18:10Z
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Top manufacturer in water heating and storage earns third consecutive honor as champion of utility energy efficiency
AMBLER, Pa., May 5, 2022 /PRNewswire/ -- Bradford White Corporation, an industry-leading American manufacturer of residential, commercial, and industrial water heating and storage products, is proud to announce that it has received the 2022 ENERGY STAR Partner of the Year Award for Sustained Excellence from the U.S. Environmental Protection Agency and the U.S. Department of Energy.
"Receiving this award for the third year in a row is a testament to Bradford White's consistent innovation when it comes to engineering, manufacturing and marketing energy efficient products," said Carl Pinto, Jr., senior director of marketing communications for Bradford White. "Our company's commitment to creating reliable, sustainable products that reduce energy consumption and carbon emissions helps commercial facilities managers and homeowners throughout North America make a real difference for our planet and save on their monthly energy bills, too."
"We know it's going to take all of us working together to tackle the climate crisis, and the 2022 ENERGY STAR award-winning partners are demonstrating what it takes to build a more sustainable future," said EPA Administrator Michael S. Regan. "These companies are showing once again that taking action in support of a clean energy economy can be good not only for the environment, but also for business and customers."
Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements. ENERGY STAR award winners lead their industries in the production, sale, and adoption of energy-efficient products, homes, buildings, services, and strategies. These efforts are essential to fighting the climate crisis and protecting public health.
Winners are selected from a network of thousands of ENERGY STAR partners. For a complete list of 2022 winners and more information about ENERGY STAR's awards program, visit energystar.gov/awardwinners.
About Bradford White Corporation
Bradford White Corp. is a full-line manufacturer of residential, commercial and industrial water heaters, boilers and storage tanks. The company maintains headquarters in Ambler, Pennsylvania, and has manufacturing facilities in Middleville, Michigan; Niles, Michigan; and Rochester, New Hampshire; and distribution and training centers in Halton Hills, Ontario, Canada. For more information, visit www.bradfordwhitecorporation.com.
About ENERGY STAR
ENERGY STAR® is the government-backed symbol for energy efficiency, providing simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations—including more than 40 percent of the Fortune 500®—rely on their partnership with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $500 billion in energy costs and achieve more than 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR's impacts can be found at www.energystar.gov/impacts and state-level information can be found at www.energystar.gov/statefacts.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Bradford White Corporation
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https://www.wibw.com/prnewswire/2022/05/06/bradford-white-corporation-earns-2022-energy-star-partner-year-award/
| 2022-05-06T02:10:04Z
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LYON, France, May 3, 2022 /PRNewswire/-- A new study has identified strains of gut microbiota that are associated with more severe strokes and worse post-stroke recovery, revealing that the gut microbiome could be an important factor in stroke risk and outcomes.
The study, presented today at the European Stroke Organisation Conference (ESOC 2022) pinpointed specific groups of bacteria associated with poorer neurological recovery from ischaemic stroke both in the acute phase (24 hours) and after three months.
The research identified multiple types of bacteria were associated with ischemic stroke risk, including Fusobacterium and Lactobacillus. Negativibacillus and Lentisphaeria were associated with a more severe stroke in the acute phase (at 6 and 24 hours respectively) and Acidaminococcus related to poor functional outcomes at three months.
Dr Miquel Lledós, lead author from the Sant Pau Research Institute Stroke Pharmacogenomics and Genetics Laboratory, Barcelona, Spain, commented "The influence of the gut microbiome – the trillions of bacteria and other microorganisms that live in the gut – is a modifiable risk factor associated with the risk of stroke and with post-stroke neurological outcomes. However, most research has previously been done in animal models."
"In this study we took faecal samples – the first samples taken after the event – from 89 humans who'd suffered an ischaemic stroke. Comparing with a control group, we were able to identify multiple groups of bacteria that were associated with a higher risk of ischaemic stroke."
An ischaemic stroke occurs when a clot or other blockage blocks the blood supply to the brain and is the most common type of stroke. In Europe, 1.3 million people suffer a stroke every year and it is the second most common single cause of death.
"The discovery opens the exciting prospect that, in the future, we may be able to prevent strokes or improve neurological recovery by examining the gut microbiota. In other pathologies, clinical trials are being carried out where researchers replace the intestinal flora through dietary changes or faecal transplantation from healthy individuals and this should be studied further in the stroke field."
View original content:
SOURCE European Stroke Organisation
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https://www.kxii.com/prnewswire/2022/05/03/european-stroke-organisation-conference-2022-new-study-links-gut-microbiota-strains-with-more-severe-strokes-poorer-post-stroke-recovery/
| 2022-05-04T06:19:39Z
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- Reported second quarter net income of $1.29 billion and EBITDA1 of $1.86 billion
- Exceptional health, safety and environmental performance
- Record-setting refinery utilization and throughput
- Received two AFPM Safety Achievement awards
- Received ILTA Safety Excellence award
HOUSTON, Aug. 11, 2022 /PRNewswire/ -- CITGO Petroleum reported a second quarter net income of $1.29 billion and EBITDA of $1.86 billion compared to net income of $245 million and EBITDA of $518 million in the first quarter of 2022.
"Reliable and safe operations helped us capitalize on favorable market conditions that were supported by excellent product cracks, high refinery utilization and lean global inventories," said CITGO President and CEO Carlos Jordá. "I am enormously proud of what we accomplished this quarter; not only has our work produced outstanding financial results thanks in large part to exceptional reliability and utilization rates at our refineries, our Health, Safety and Environmental performance was similarly excellent, as evidenced by multiple safety awards at CITGO refineries and terminals."
Q2 2022 Highlights:
Strategic and Operational
- Throughput – Total throughput for the second quarter of 2022 was 837,000 barrels-per-day (bpd), of which crude runs were 776,000 bpd and intermediate feedstocks were 61,000 bpd. Refinery assets delivered strong reliability results – the best quarterly results in the last five years – with overall crude runs exceeding nameplate capacity and resulting in 101% utilization, marking three consecutive quarters above 94%. The Lake Charles refinery set a new quarterly crude throughput record of 436,000 bpd, significantly surpassing the previous record of 411,000 bpd set in third quarter of 2018.
- Operational Excellence – Health, Safety and Environmental (HSE) performance was exceptional, and the Company is on pace for record-setting occupational safety, process safety and environmental performance for 2022. CITGO was also recognized during the quarter with AFPM's Safety Achievement Award for both the Lemont and Corpus Christi refineries, and ILTA's Safety Excellence Award for terminals.
- Commercial Excellence – We continued growing our exposure into South America, with refined product exports increasing to an average of 195,000 bpd from 157,000 bpd in the first quarter of 2022.
Financial
- For capital spending, we invested $76 million on turnarounds and catalysts and another $59 million on capital projects.
- Under the CITGO Holding debt agreements, certain Excess Cash Flow (ECF) offers are required to be made to the CITGO Holding Term Loan B lenders and the CITGO Holding noteholders based on 50% of excess cash flow. CITGO Petroleum intends to dividend to CITGO Holding the amounts necessary to make prepayments of CITGO Holding debt pursuant to the ECF offers. Further details regarding the ECF offers are contained in the separate press release issued today, which is available here.
"Our second quarter results are the best in the history of the company," continued Jordá, "and the opportunity to reduce our debt will help us further strengthen the company as we continue supplying our customers through safe, reliable and responsible operations."
Headquartered in Houston, Texas, CITGO Petroleum Corporation is a recognized leader in the refining industry and operates under the well-known CITGO brand. CITGO operates three refineries located in Lake Charles, La.; Lemont, Ill.; and Corpus Christi, Texas, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 769,000 barrels-per-day (bpd), CITGO ranks as the fifth-largest and is one of the most complex independent refiners in the United States. CITGO transports and markets transportation fuels, lubricants, petrochemicals and other industrial products, and supplies a network of approximately 4,300 locally owned and operated branded retail outlets, all located east of the Rocky Mountains. CITGO Petroleum Corporation is owned by CITGO Holding, Inc.
General:
CITGO publishes financial and other information on its website, including reports of quarterly and annual results of operations and financial condition. While CITGO's historical financial information is presented in accordance with U.S. generally accepted accounting principles ("GAAP"), except for certain non-GAAP financial measures (see below), CITGO is not an SEC reporting company and does not report all information required of SEC reporting companies.
Forward-Looking Statements:
This press release contains "forward-looking statements" regarding financial and operating items relating to the CITGO business. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties many of which are beyond CITGO's control, that could result in expectations not being realized or could otherwise materially and adversely affect CITGO's business, financial condition, results of operations and cash flows. This press release may also contain estimates and projections regarding market and industry data that were obtained from internal company estimates, as well as third-party sources believed to be generally reliable. However, market data is subject to change and cannot always be verified with complete certainty due to limits on the availability and reliability of raw data and other limitations and uncertainties inherent in any statistical survey, interpretation or presentation of market data and management's estimates and projections. The forward-looking statements contained in this press release are made only as of the date of this press release. CITGO disclaims any duty to update any forward-looking statements.
Non-GAAP Financial Measures:
This press release also contains operational metrics and non-GAAP information, including EBITDA and Adjusted EBITDA, that have not been audited and are based on management's estimates, which may be difficult to verify. These non-GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with U.S. GAAP and may differ from non-GAAP measures used by other companies in our industry. We consider these non-GAAP financial measures to be important because we believe they provide useful supplemental measures of the operating performance of the Company, exclusive of unusual events, as well as factors that do not directly affect what we consider to be our core operating performance. These non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP. Please see the reconciliation of EBITDA and Adjusted EBITDA to the most directly comparable GAAP measure set forth on page [4] of this press release.
Refinery EBITDA Estimates:
The estimates of Refinery EBITDA presented in this press release are calculated as refinery hydrocarbon gross margin minus refinery operating expenses and non-operating and income/(expense) items, plus depreciation and amortization. Our estimates of Refinery EBITDA are intended as estimates of our refineries' earnings before taxes and interest and depreciation and amortization. Shown in the table on page [5] of this press release is a reconciliation of our estimates of Refinery of EBITDA (on an individual and total refinery basis) to EBITDA for our consolidated operations for the respective periods presented therein. In addition, we summarize below the methodologies and assumptions we utilize in connection with our estimates of the various components of Refinery EBITDA.
With respect to these components of Refinery EBITDA, we define refinery hydrocarbon gross margin as the estimated value of a refinery's production less the cost of hydrocarbons and intermediate feedstocks used by that refinery. The estimated values of production are not calculated in the same way as revenues for U.S. GAAP purposes, and these values would not be eligible for revenue recognition under U.S. GAAP. Under U.S. GAAP, we recognize revenues at the time products are sold, whereas the estimated values are based on production dates, which may not be the same as the market values at the time of sale. In addition, our U.S. GAAP revenues are based on the actual sales prices of products, while the estimated values are based on selected market indexes. As a result, the actual revenues realized for the sale of products may vary based on the timing, location or actual realized sales price. The cost of hydrocarbons and intermediate feedstocks used to calculate refinery hydrocarbon gross margin are the acquisition costs of these inputs used by a refinery. Costs relating to these items are included as part of cost of sales and operating expenses on our consolidated statements of income and comprehensive income under U.S. GAAP. However, for purposes of calculating refinery hydrocarbon gross margin, these costs are not calculated in the same way that we calculate amounts included in cost of sales under U.S. GAAP, and the amounts reflected in refinery hydrocarbon gross margin may materially understate or overstate the corresponding U.S. GAAP amounts.
In addition, refinery operating expenses reflect estimates of the direct costs and expenses associated with operating the refineries, such as labor and related burden energy, maintenance and materials, and depreciation and amortization. Costs and expenses relating to these items are included as part of other expenses or cost of sales and operating expenses on our consolidated statements of income and comprehensive income under U.S. GAAP, along with other expenses. The amounts allocated to our refineries for certain of these costs and expenses for purposes of our estimates of Refinery EBITDA do not necessarily reflect the full amounts of such costs, or may materially overstate or understate such costs.
Further, other miscellaneous costs and indirect expenses associated with operating the refineries include certain overhead expenses for crude supply and trading, industrial products and petrochemicals, as well as certain refinery-related equity in the investments of affiliates and insurance proceeds. These items reflect amounts included as part of cost of sales and operating expenses and other income, other expenses, insurance recoveries and equity in earnings of affiliates on our consolidated statements of income and comprehensive income, along with other expenses. The amounts allocated to our refineries for certain of these costs and expenses for purposes of our estimates of Refinery EBITDA do not necessarily reflect the full amounts of such costs, or may materially overstate or understate such costs.
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SOURCE CITGO Corporation
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https://www.wibw.com/prnewswire/2022/08/11/citgo-reports-second-quarter-2022-results/
| 2022-08-12T00:30:09Z
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Firm proposes Taser-armed drones to stop school shootings
(AP) - Taser developer Axon said this week it is working to build drones armed with the electric stunning weapons that could fly in schools and “help prevent the next Uvalde, Sandy Hook, or Columbine.” But its own technology advisers quickly panned the idea as a dangerous fantasy.
The publicly traded company, which sells Tasers and police body cameras, floated the idea of a new police drone product last year to its artificial intelligence ethics board, a group of well-respected experts in technology, policing and privacy.
Some of them expressed reservations about weaponizing drones in over-policed communities of color. But they were not expecting Axon’s Thursday announcement that it wants to send those Taser-equipped drones into classrooms to prevent mass shootings by immobilizing an intruding gunman.
In an interview with The Associated Press, Axon founder and CEO Rick Smith said he felt compelled to make the idea public after the mass shooting at an Uvalde, Texas elementary school, saying he was “catastrophically disappointed” in the response by police who didn’t move in to kill the suspect for more than an hour.
But he stressed Friday that no product had been launched and any potential launch would be down the road. The idea, he felt, needed to be shared now because of the public conversation about effective ways for police to safely confront attackers and how schools can increase safety.
“This is an idea that should get into the public’s consciousness while our minds are open to it, and I felt if I wait another six months, the world is going to change and people are going to forget this pain and we’re going to see a shift in sentiments where people are going to focus a lot more on what could go wrong, rather than the pain of this problem we need to solve,” he said.
Axon’s stock price rose with the news. But the announcement angered members of the ethics board, some of whom are now likely to quit in protest.
“This particular idea is crackpot,” said Barry Friedman, a New York University law professor who sits on the Axon AI Ethics Board. “Drones can’t fly through closed doors. The physical properties of the universe still hold. So unless you have a drone in every single classroom in America, which seems insane, the idea just isn’t going to work.”
Friedman said it was a “dangerous and fantastical idea” that went far beyond the proposal for a Taser-equipped police drone that board members — some of them former or current police officials — had been debating in recent months.
“We begged the company not to do it,” Friedman said of the company’s announcement. “It was unnecessary and shameful.”
The product idea had been kicked around at Axon since at least 2019, and the company has been working to try to figure out whether a drone with a Taser was even a feasible idea. Over the last year, the company created computer-generated art renderings to mock up a product design and conducted an internal test to see if Taser darts — which transmit an immobilizing electric jolt — could be fired from a flying drone, Smith said. He added that he had discussed the possibility of developing such a product with the ethics board.
Board members who spoke with The Associated Press said they were taken aback by the school drone proposal — which they got notice of only earlier this week — and cobbled together a unanimous statement of concern that described Axon’s decision as “deeply regrettable.” The company tweeted out the board’s dissent shortly after its own statement Thursday announcement.
“I wouldn’t be surprised if there were resignations,” said another ethics board member, Ryan Calo, a law professor at the University of Washington. “I think everyone on the board has to make a choice about whether they want to stay involved.”
Friedman and Calo both described this week’s process as a sharp turnaround from the respectful relationship that Axon executives have had with the board in recent years on controversial topics such as face recognition — which Axon decided against using in its body cameras — and automated license plate readers.
“Sometimes the company takes our advice and sometimes it doesn’t,” Friedman said. “What’s important is that happens after thoughtful discussion and coordination. That was thrown out the window here.”
Smith said the company is still in the very early phases of product development and would continue to consult the ethics board, along with law enforcement officials, community leaders and school officials. He acknowledged that the company might later determine that the idea isn’t feasible and abandon it.
But he took issue with the idea that he had ignored the concerns from the ethics board, which is meant to provide guidance and share feedback. Ultimately, the decision still falls to Smith as the company’s chief executive.
“I have not ignored what they have said. People can have debates and disagree,” Smith said. “I think there is one thing the world can see: our board is not a whitewash.”
“I hope they don’t resign,” he added. “I hope that they are somewhat proud maybe after this that we’re having this public debate.”
On Friday in an “Ask Me Anything” chat on the online forum Reddit. Smith acknowledged that “drones in schools can sound nuts” but went on to answer detailed questions about them. They could travel through school vents, he said, and perch on doors and walls near ceilings. It could be a “good thing” if a gunman tried to shoot one down because it would distract from trying to kill people.
“We’re doing this because we care,” Smith said. “We’re a business so ultimately we have to find a financial model that works, but at the end of the day we’ve been successful because our mission drives our business and we solve problems we care about,” he added.
Smith told a Reddit user that Axon was “absolutely not” trying to capitalize on recent tragedies to attract investors. He noted the advisory board’s disagreements but said the mass shooting in Uvalde, Texas — and what he described as misguided proposals to arm teachers with guns — compelled him to go public with the drone idea to field a “far broader array of voices.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/06/04/firm-proposes-taser-armed-drones-stop-school-shootings/
| 2022-06-04T12:50:56Z
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ARLINGTON, Va., Aug. 12, 2022 /PRNewswire/ -- The Navy Mutual Aid Association ("Navy Mutual") is proud to announce its sixth year of participation with Military Makeover with Montel® airing on Lifetime TV. This season follows the renovations of the Stupar family home. Staff Sergeant Michael Stupar retired after 20 years of service in the U.S. Army; he deployed four times and the process to award him a Purple Heart for an injury received while deployed in Iraq is underway. SSG Stupar lives with his wife, Crystal, and their two daughters.
Navy Mutual staff members Bill Wooten and Michelle Ramos Domingue, Esq. travelled to Michigan City, Indiana, where the Stupar family home is located, to meet with the Stupar's and offer their support and gratitude for each family member's service.
"As an organization that was created by military members for military members, we appreciate the ability to give back to the military community in a personal way," said Ramos Domingue. "We are honored to provide the lighting fixtures for the Stupar family's home. Coming home and having the lights on provides a sense of comfort and safety, and that's what we're all about at Navy Mutual."
Season 31 of Military Makeover airing on Lifetime TV premieres on August 12 at 7:30 a.m. ET/PT. Navy Mutual features in episode 4, which airs on September 2. All episodes can be watched on YouTube after airing on Lifetime TV.
Navy Mutual is a nonprofit, member-owned mutual association established in 1879 to provide affordable life insurance and peace of mind to members of the military and their families. As the nation's oldest federally recognized Veterans Service Organization, its mission and commitment to protect those who defend us remains unwavering. Financially strong, Navy Mutual is proud to be a first-choice provider of life insurance to servicemembers and their loved ones. Through quality life insurance products, no-cost educational and veterans services programs, and unparalleled service, Navy Mutual has earned the loyalty and support of its membership. For more information, visit navymutual.org.
View original content:
SOURCE Navy Mutual
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https://www.kxii.com/prnewswire/2022/08/12/navy-mutual-partners-with-military-makeover-sixth-year/
| 2022-08-12T23:14:50Z
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Stark, Summit libraries' listings for April 3
Fiction
Children
“Five Little Easter Bunnies,” by Martha Mumford – Join five little Easter bunnies as they set off on an exciting lift-the-flap Easter egg hunt. Help the bunnies find and count five delicious eggs as they climb trees, peek into nests, and look under leaves. Young readers will need to lift the flaps to find the tasty prizes, and there might be some surprises along the way too! This joyful, interactive book is packed with adorable bunnies, lambs, chicks, and ducklings. Get ready for non-stop Easter fun in this beautifully illustrated read-aloud full of springtime joy.
Teens
“The Book of Living Secrets,” by Madeleine Roux – No matter how different best friends Adelle and Connie are, one thing they’ve always had in common is their love of a little-known gothic romance novel called Moira. So, when the girls are tempted by a mysterious man to enter the world of the book, they hardly suspect it will work. But suddenly they are in the world of Moira, living among characters they’ve obsessed about for years. Except…all is not how they remembered it. The world has been turned upside down: The lavish balls and star-crossed love affairs are now interlaced with unspeakable horrors. The girls realize that something dark is lurking behind their foray into fiction – and they will have to rewrite their own arcs if they hope to escape this nightmare with their lives.
Adults
“Sea of Tranquility,” by Emily St. John Mandel – Edwin St. Andrew is eighteen years old when he crosses the Atlantic by steamship, exiled from polite society following an ill-conceived diatribe at a dinner party. He enters the forest, spellbound by the beauty of the Canadian wilderness, and suddenly hears the notes of a violin echoing in an airship terminal – an experience that shocks him to his core. Two centuries later a famous writer named Olive Llewellyn is on a book tour. She's traveling all over Earth, but her home is the second moon colony, a place of white stone, spired towers, and artificial beauty. Within the text of Olive's best-selling pandemic novel lies a strange passage: a man plays his violin for change in the echoing corridor of an airship terminal as the trees of a forest rise around him. When Gaspery-Jacques Roberts, a detective in the black-skied Night City, is hired to investigate an anomaly in the North American wilderness, he uncovers a series of lives upended: The exiled son of an earl driven to madness, a writer trapped far from home as a pandemic ravages Earth, and a childhood friend from the Night City who, like Gaspery himself, has glimpsed the chance to do something extraordinary that will disrupt the timeline of the universe.
Non-fiction
Children
“The Book of Questions: Libro de las Preguntas: Selections/Selecciones,” by Pablo Neruda – Holding the wonder and mystery of childhood and the experience and knowing that come with growing up, these questions are by turns lyrical, strange, surreal, spiritual, historical, and political. They foreground the natural world, and their curiosity transcends all logic; and because they are paradoxes and riddles that embrace the limits of our ability to know, they engage with human freedom in the deepest way, removing the burden and constraint that somehow, we are meant to have answers to every question. Gorgeously, cosmically illustrated by Paloma Valdivia, here Neruda's questions, already visual in themselves, gain a double visuality that makes them even more palpable and resonant. So clearly rooted in Chilean landscapes as they are, the questions are revealed as a communion with nature and its mysteries.
Teens
“And We Rise: The Civil Rights Movement in Poems,” by Erica Martin – In stunning verse and vivid use of white space, Erica Martin's debut poetry collection walks readers through the Civil Rights Movement – from the well-documented events that shaped the nation’s treatment of Black people, beginning with the "Separate but Equal" ruling – and introduces lesser-known figures and moments that were just as crucial to the Movement and our nation's centuries-long fight for justice and equality. A poignant, and powerful collection that is both a history lesson and much-needed conversation starter in our modern world. Complete with historical photographs, author's note, chronology of events, research, and sources.
Adults
“Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War,” by Roger Lowenstein – From renowned journalist Roger Lowenstein, a revelatory financial investigation into how Lincoln and his administration used the funding of the Civil War as the catalyst to centralize the government and accomplish the most far-reaching reform in the country’s history. Upon his election to the presidency, Abraham Lincoln inherited a country in crisis. Even before the Confederacy’s secession, the United States Treasury had run out of money. The government had no authority to raise taxes, no federal bank, no currency. But amid unprecedented troubles Lincoln saw opportunity – the chance to legislate in the centralizing spirit of the “more perfect union” that had first drawn him to politics. With Lincoln at the helm, the United States would now govern “for” its people: it would enact laws, establish a currency, raise armies, underwrite transportation and higher education, assist farmers, and impose taxes for them. Roger Lowenstein reveals the largely untold story of how Lincoln used the urgency of the Civil War to transform a union of states into a nation. Through a financial lens, he explores how this second American revolution, led by Lincoln, his cabinet, and a Congress studded with towering statesmen, changed the direction of the country, and established a government of the people, by the people, and for the people.
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https://www.cantonrep.com/story/lifestyle/2022/04/03/stark-summit-libraries-listings-april-3/7208048001/
| 2022-04-03T15:00:27Z
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NEW YORK, May 16, 2022 /PRNewswire/ -- Attention Vertiv Holdings Co ("Vertiv") (NYSE: VRT) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of persons and entities that: (a) purchased or otherwise acquired Vertiv securities between February 24, 2021, and February 23, 2022, inclusive; and/or (b) purchased Vertiv shares in or traceable to the Company's secondary public offering of Class A common stock conducted on or around November 4, 2021.
If you suffered a loss on your investment in Vertiv, 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 Vertiv includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv's earnings would be adversely impacted; and (3) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: May 23, 2022
Aggrieved Vertiv investors only have until May 23, 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
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https://www.mysuncoast.com/prnewswire/2022/05/16/class-action-alert-law-offices-vincent-wong-remind-vertiv-investors-lead-plaintiff-deadline-may-23-2022/
| 2022-05-16T11:09:46Z
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The Innovative Company Expands its FamTech to the U.S., Powered By First-of-its-kind Proprietary Pricing Technology for Consumers, Retailers + Brands
NEW YORK, April 22, 2022 /PRNewswire/ -- Rebelstork, the first FamTech resale platform offering today's most coveted-baby gear, has expanded their marketplace to U.S. parents, now powering all of North America with their unparalleled buying and reselling model. Born to make parenting lighter™, Rebelstork is a white-glove and sustainable experience that connects buyers and sellers with real-time market pricing and product information, so parents are more confident and educated in their purchases. As the first B Corporation Certified marketplace of its kind, Rebelstork is addressing the shifting needs and wants of parents today. A simple approach to a complex industry, Rebelstork's platform and unique technology galvanizes the new generation of parents to join forces and take action in creating a better world. With this new expansion, Rebelstork's consumer-driven resell service will now be available for parents in the New York/Brooklyn Metro area, as the brand will sell across Canada and all 50 states.
Rebelstork is founded and led by established leader in the global retail space and mother of two, Emily Hosie, who identified the growing void for accessible baby gear and this industry's need for sustainable reengineering. "We are thrilled to bring our innovative marketplace to families in America and our resell service to one of the most innovative cities in the world! While safety and quality will always remain at the forefront, we know today's parents' are concerned with how their purchases will affect the newest generation, and demand options that focus on accessibility, sustainability and education," notes Emily Hosie, founder and CEO of Rebelstork. "Rebelstork is uniquely paving the way in FamTech, to support parents in making informed, eco-smart purchasing decisions, using our first-of-its kind AI-powered pricing tool, REV™."
With 44% of Gen Z and Millennial shoppers considering resale value when approaching an initial purchase and supply chain issues influencing the demand for secondhand goods, the secondhand retail industry is growing faster than anticipated. Fueling a new reliance on tech and an updated adaptation for secondhand appraisal technologies, consumers are seeking solutions to ward against overconsumption and further education as they buy. Rebelstork marketplace empowers parents with the knowledge needed to make educated purchasing & selling decisions, from how products retain their value and visibility into the current demand of models within the resale space. Offering unparalleled pricing transparency, REV™ by Rebelstork is able to generate real time estimated value on over 10,000 top quality baby gear models.
REV™ provides an instant and accurate resale offer for top quality baby goods giving consumers informed confidence. This technology is not only beneficial for parents looking to sell their gently used items, but for parents looking to shop, as it supports purchase decisions considering value for the inevitable time your child has outgrown their gear. REV™ gives families the ability to participate in the circular economy — building a more sustainable world for the next generation and a viable path to help restore our planet.
Rebelstork offers a high touch white-glove service by gathering, refreshing and condition checking each resale item prior to photographing and listing it on their platform by a trained team of experts. Aligning with the busy lifestyle of today's parents looking for convenience, they offer a transparent, vetted and tech driven solution. Please visit Rebelstork.com to view their full site of offerings that are now available in the U.S.
ABOUT REBELSTORK:
Rebelstork is North America's first B Corporation Certified and AI tech-powered baby gear marketplace that is creating a more sustainable world by minimizing the overconsumption burden for the next generation. As the go-to resale platform for overstock, open-box and quality used baby and kids gear, Rebelstork has built technology to help parents and brands seamlessly participate in the circular economy. Rebelstork is powered by REV™, a first-of-its-kind baby gear AI pricing technology for consumers, retailers and brands. REV™ offers an instant resale estimated value tool that is able to generate real time resale value on over 10,000 baby gear models, establishing the secondhand market value and empowering parents to become more informed and environmentally kind consumers. Millennial mom founded and female led, Rebelstork keeps quality gear out of landfills and instead in the homes of like-minded parents, a tech driven solution that Founder and parent Emily Hosie was originally looking for when she started her own family. The company is a certified B Corporation – considered the highest standard for socially responsible business – balancing purpose and profit. Rebelstork's resale service is offered in Greater Toronto, Vancouver and now the New York metropolitan area. Customers can purchase pre-loved baby gear from across Canada and The United States. For more information, please visit Rebelstork.com and follow Rebelstork on Instagram @rebelstork or contact rebelstork@autumncommunications.com.
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https://www.wibw.com/prnewswire/2022/04/22/rebelstork-ai-powered-resale-baby-gear-marketplace-designed-parents-launches-us/
| 2022-04-22T14:51:19Z
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CHATTANOOGA, Tenn., June 1, 2022 /PRNewswire/ -- Evernest, a national, full-service real estate and property management firm, announced today that they have acquired Chattanooga metro-based DK Properties.
The acquisition adds more than 350 homes to Evernest's Chattanooga portfolio, and boosts the firm's overall homes managed to over 7,000 nation-wide.
"DK Properties has a rich history of superior client care in Chattanooga," said Matthew Whitaker, Evernest Founder and CEO. "We plan to uphold that legacy while enhancing services, expanding resources and working closely with DK Properties staff to ensure a smooth transition."
"I've known Matthew for a long time and Evernest's high standards and commitment to quality are what sold me on selling to them," said DK Properties owner, Brandon King. "I have been in contact with multiple larger, multi-state companies in the hopes of finding one that met my high expectations for client care. Evernest was the solution."
DK Properties is the 19th organization purchased by Evernest, and one of four purchased within the last month. "Our goal is to find best-in-class property management providers who are ready to exit the industry. We take the legacy they've built and infuse it with our distinctive culture, including a national brand, in-house brokerage services, and in-house underwriting."
"As Evernest expands our footprint in Chattanooga, we're excited to help residents, owners, and investors achieve their real estate goals, whatever those may be," said Whitaker.
Evernest is based in Birmingham, Alabama, and operates in 17 real estate markets across the country. It is one of the nation's largest single-family and small multi-family investment brokers and property management providers. The firm manages more than 7,000 homes for over 3,000 owners, brokers more than 700 investment deals annually, and has made the Inc5000 list five of the last six years.
Learn more about Evernest - https://www.evernest.co/about-us/
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https://www.mysuncoast.com/prnewswire/2022/06/01/national-real-estate-firm-evernest-acquires-chattanooga-property-management-business/
| 2022-06-01T20:02:48Z
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DALLAS (KDAF) — The majority of North Texas will be under an Excessive Heat Warning and Heat Advisory on Tuesday, July 19.
“Excessive heat warnings and heat advisories have been posted for North Texas and parts of Central Texas through Wednesday,” the National Weather Service center in Fort Worth said.
The center adds that the air temperatures will climb to 105-110 degrees in the areas where the Excessive Heat Warning is active and heat index values will reach over 105 degrees in the Heat Advisory area.
The public is asked to avoid extended time outdoors, stay hydrated and be aware of the signs/symptoms of heat-related illnesses. Water is your friend.
Along with the Excessive Heat Warning and Heat Advisory, a critical brush fire danger is active on Tuesday as low humidity and hot temps will promote fire ignition and spread.
The center says, “With summertime heat and drought both at their peak, fire weather conditions will reach critical levels this afternoon. Take care to help prevent wildfires in the presence of very dry vegetation where fires can easily start and spread.”
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https://cw33.com/news/local/excessive-heat-warning-over-majority-of-north-texas-critical-fire-danger-tuesday/
| 2022-07-19T16:24:18Z
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- FIRST QUARTER REVENUE OF $115.3 MILLION; UP 6% YEAR-OVER-YEAR
- FIRST QUARTER GAAP EPS OF $(0.04); EPS, EX-ITEMS, $0.08
- LAUNCH OF INDUSTRY CARBON CAPTURE AND SEQUESTRATION ("CCS") CONSORTIUM
- CCS STRATEGIC ALLIANCE WITH TALOS ENERGY INC.
- REDUCES NET DEBT BY $3.3 MILLION
- ANNOUNCES Q2 2022 QUARTERLY DIVIDEND
AMSTERDAM, April 27, 2022 /PRNewswire/ -- Core Laboratories N.V. (NYSE: "CLB US" and Euronext Amsterdam: "CLB NA") ("Core", "Core Lab", or the "Company") reported first quarter 2022 revenue of $115,300,000. Core's operating loss was $400,000, with a loss per diluted share of $0.04, all in accordance with U.S. generally accepted accounting principles ("GAAP"). Operating income, ex-items, a non-GAAP financial measure, was $7,200,000, yielding operating margins of 6.2% and earnings per diluted share ("EPS"), ex-items, of $0.08. During the first quarter of 2022, the Company recorded: 1) approximately $3,900,000 of non-cash stock compensation expense associated with full recognition of awards when employees reach their eligible retirement age, 2) severance and facility consolidation expense of $3,300,000, and 3) bad debt expense of $800,000 for doubtful accounts receivable due from Ukraine clients. The severance and facility consolidation expense is associated with Core's continuing strategic objective to improve operational efficiencies and optimize Core's global network to support its clients. In addition to the anticipated typical seasonal decline in the first quarter of 2022, financial results were further impacted by higher-than-expected business disruptions associated with COVID-19 and the Russia-Ukraine geopolitical conflict. A full reconciliation of non-GAAP financial measures is included in the attached financial tables.
Core's CEO, Larry Bruno stated, "First and foremost our thoughts are with our Ukrainian employees and their families during the unprecedented conflict. Core Lab has suspended operations in Ukraine to secure their safety. During the first quarter of 2022, two significant events impacted Core's financial results: 1) the continued outbreak and global spread of the Omicron variant of COVID-19, which generated a significantly greater impact than initially anticipated, and 2) business disruptions associated with the geopolitical conflict between Russia and Ukraine, which negatively impacted both business segments.
Despite these headwinds, we were pleased to announce an emerging growth opportunity during the first quarter, as we formalized our collaboration with Talos Energy Inc. ("Talos") to deliver CCS solutions aimed at reducing industrial carbon emissions. This alliance, built on complementary technical strengths in subsurface characterization and reservoir optimization, will enhance the speed at which scalable, reliable and sustainable carbon sequestration solutions can be delivered to the market. We are excited about the positive impact this work will ultimately have, by both returning value to our shareholders and advancing CO2 emission reduction initiatives. Additionally, during the first quarter of 2022, Core Lab inaugurated a joint-industry CCS consortium. Core Lab has a long history of conducting successful multi-company projects aimed at evaluating oil and gas opportunities. This new consortium will enhance the nascent CCS industry's knowledge of the geotechnical challenges associated with subsurface storage of CO2, with a focus on reservoir capacity, injectivity and containment integrity, all of which align with Core Lab's expertise in subsurface characterization. As government regulations encourage investment in CCS projects, Core Lab will see growing opportunities to leverage this expertise.
Looking forward, Core Lab's outlook for the remainder of 2022 remains positive with sequential improvement expected in the second quarter followed by further acceleration during the second half of the year. Furthermore, we continue to anticipate a multi-year international cycle supported by market fundamentals."
The on-going geopolitical conflict between Russia and Ukraine is adversely impacting service revenue and product sales, affecting both business segments. To date, Reservoir Description has been more heavily impacted by the Russia-Ukraine conflict. As part of Core's global laboratory network, the Company provides analytical services on crude oil, natural gas and derived products, including both reservoir condition analysis and ambient condition assay work. Business interruptions arising from cyber-attacks against third party facilities began prior to direct military engagement; these cyber-attacks disrupted demand for crude-oil assay work, particularly in Europe. As direct military conflict ensued, disruptions in crude-oil assay work in Europe, Russia and Ukraine were even further negatively impacted. Traditional supply chains associated with the movement of crude oil are realigning to new logistical patterns in response to both the military conflict and the economic sanctions imposed on Russia. Given that global demand for crude oil and natural gas has not meaningfully diminished, Core Lab expects supply channels to realign, and the demand for the Company's associated laboratory services to resume, albeit with a different geographic spread. Completion product sales delivered through Core's Production Enhancement segment directly into Ukraine have also been suspended. Core has historically generated approximately 5% to 8% of its total revenue from Russia, Ukraine and the Southeastern European region.
Also during the first quarter of 2022, global COVID-19 caseloads rose very sharply as the Omicron variant spread across all regions. More than 15% of Core Lab's employees tested positive for COVID-19 during the first quarter. In addition, other staff were subject to quarantine restrictions. As a business that runs on people more than, for example, equipment rental day rates, this higher-than-expected surge in COVID-19 cases caused disruption to the Company's operations; concurrently, clients were also impacted by the spike in COVID-19 cases and quarantine requirements, which delayed progress on projects.
Reservoir Description operations are closely correlated with trends in international and offshore activity levels, with approximately 80% of revenue sourced from outside the U.S. Reservoir Description revenue in the first quarter of 2022 was $74,800,000, down 7% sequentially and flat year-over-year. Operating income for the first quarter of 2022 on a GAAP basis was $400,000, while operating income, ex-items, was $3,900,000, yielding operating margins of 5%. Cost of operations in the first quarter of 2022 increased due to restoration of employee salary costs and continued operational inefficiencies associated with the global pandemic. In addition to the greater-than-expected COVID-19 caseload and typical seasonal decline in revenue, first quarter 2022 Reservoir Description results were negatively impacted by the Russia-Ukraine geopolitical conflict. The military conflict disrupted traditional patterns of crude oil movement in Russia, Ukraine and Europe and negatively affected demand for Core Lab's crude oil assay work in these regions.
During the first quarter of 2022, Core conducted a large core and reservoir data analysis workshop for Kuwait Oil Company ("KOC"). This comprehensive five-day workshop was the culmination of a multi-year, multi-well analytical program that included proprietary Core Lab technologies and interpretation techniques, focused on hydrocarbon potential and pay recognition in prospective unconventional and tight conventional reservoir targets. Core leveraged its proprietary, web-enabled RAPID™ database to organize and analyze well and laboratory data. Fracture analysis and interpretation was conducted utilizing Core's Dual-Energy Computed Tomography Scanner, which allowed for 3D visualization of conventional cores and calibration of third-party borehole image logs. Advanced petrophysical log models were developed that included fluid flow prediction and assessment of well productivity. KOC stated that the workshop was a great success and their technical teams are able to incorporate and build on the recently concluded work. An expansion of the study is currently being planned to include other fields and also to address additional reservoir challenges.
During the first quarter of 2022, Core Lab, under the direction of The CarbonNet Project commenced the next phase of advanced rock property analysis on conventional core extracted from the Gular-1 appraisal well, located in the Gippsland Basin, offshore southeast Australia. The CarbonNet Project is expected to be a world-class, CCS center to manage future carbon emissions from industrial sources in South East Australia. In a recent press release, the CarbonNet Project announced, "The CarbonNet Project is advancing the science and viability for establishing a commercial-scale carbon capture and sequestration network." If successful, the network would bring together multiple carbon dioxide ("CO2") capture projects in Victoria's Latrobe Valley, transporting CO2 via a shared pipeline and injecting it into deep, underground, offshore storage sites in the Bass Strait. During this phase of the CarbonNet Project analytical program, Core Lab is employing proprietary technologies to provide detailed insight into rock and pore system properties, rock-fluid compatibility, and fluid flow behaviors, as well as geomechanical properties. The results of the advanced testing will be utilized to expand the CarbonNet Project's understanding of the CO2 storage capacity, optimal methodologies for injecting CO2 and the integrity of the seal rock, all of which are critical to evaluating and reducing geologic risk associated with the project. A substantial risk in any CO2 sequestration project is failing to properly assess the complexity of the targeted geologic subsurface formation and the in-situ pore fluids. Core Lab's eighty-plus years of expertise in evaluating subsurface geology and fluid flow through natural porous media is essential for accessing these types of CO2 sequestration projects.
Production Enhancement operations, which are focused on complex completions in unconventional, tight-oil reservoirs in the U.S., as well as conventional offshore projects across the globe, posted first quarter 2022 revenue of $40,500,000, down 10% sequentially and up 27% year-over-year. Operating loss on a GAAP basis was $900,000, while operating income, ex-items, was $3,100,000, yielding operating margins of 8%. Production Enhancement's financial performance for the first quarter of 2022 was impacted by a sequential decrease of 19% in international product sales, which includes the suspension of product sales into Ukraine. However, energetic product sales into the U.S. market increased over 7% sequentially.
Production Enhancement has been a long-standing innovator of both energetic system products and diagnostic services, which aim to improve completions and monitor well performance. With Core's combined expertise in energetic systems and design and engineering of diagnostic technologies, Core Lab is pleased to announce the introduction of its patent-pending GoTrace™ product solution. GoTrace™ is an innovative, organically-developed, technology that directly incorporates Core's diagnostic services into the Company's energetic system products. The integration of Core's proprietary perforating products and diagnostic tracers into one system allows Core's clients to cost-effectively introduce unique tracers into specific perf clusters simultaneous with the perforating process. By providing diagnostic evaluation at the cluster level, clients gain significantly more granularity when evaluating a completion program, as compared to stage-level diagnostic treatment alternatives. Recently, TotalEngeries SE utilized Core's GoTrace™ technology in a recompletion project in the Barnett Shale. By deploying GoTrace™, TotalEnergies SE was able to determine whether the new perforation clusters were effectively stimulated. Core's diagnostic analysis of the restimulation treatment confirmed the clusters created with GoTrace™ were effectively stimulated, thus optimizing well performance.
During the first quarter of 2022, Core continued to generate free cash flow ("FCF"), with cash from operations of $5,300,000 and capital expenditures of $2,300,000, yielding FCF of $3,000,000. Core's free cash will continue to be returned to its shareholders via the Company's regular quarterly dividend and opportunistic share repurchases, as well as being applied towards reducing long-term debt.
On 2 February 2022, Core's Board of Supervisory Directors ("Board") announced a quarterly cash dividend of $0.01 per share of common stock, which was paid on 7 March 2022 to shareholders of record on 14 February 2022. Dutch withholding tax was deducted from the dividend at a rate of 15%.
On 27 April 2022, the Board approved a cash dividend of $0.01 per share of common stock payable in the second quarter of 2022. The second quarter dividend will be payable on 31 May 2022, to shareholders of record on 9 May 2022. Dutch withholding tax will be deducted from the dividend at a rate of 15%.
The Board and the Company's Executive Management continue to focus on strategies that maximize return on invested capital ("ROIC") and FCF, factors that have high correlation to total shareholder return. Core's commitment to an asset-light business model and disciplined capital stewardship promotes capital efficiency and are designed to produce more predictable and superior long-term ROIC.
The Board has established an internal performance metric of demonstrating superior ROIC performance relative to the oilfield service companies listed as Core's Comp Group by Bloomberg, as the Company continues to believe superior ROIC will result in higher total return to shareholders. Bloomberg's calculations using the latest comparable data available indicate that Core Lab's ROIC of 6.7% is one of the highest for all major companies in the oilfield service Comp Group.
As the Russia-Ukraine geopolitical conflict continues and the sanctions on Russia have expanded, the global crude-oil market continues to tighten, with demand for crude oil approaching pre-COVID-19 levels, resulting in higher crude-oil commodity prices. With consistent elevated crude-oil commodity prices and the tightening of crude-oil supply, the industry is preparing for an increase in activity, driven by demand, resulting in a multi-year cycle. These crude-oil market fundamentals are reflected in the gradual increase in the international rig count, with more oilfield equipment coming under contract and expanded capital spending plans for 2022. Core sees these as leading indicators of a growing international cycle.
With Core Lab having more than 70% of its revenue exposed to international activity, both business segments remain active on international projects. As additional field development projects emerge, wells need to be drilled and reservoir rock and fluid sampled before Reservoir Description participates in the cycle. The expansion of international developments, both short and long-cycle projects, provides growth opportunities for both segments into 2022 and beyond, with a particular focus on the South Atlantic Margin, Latin America, and the Middle East.
Core's North America revenue is correlated with completion and stimulation events and large-scale reservoir rock and reservoir fluid characterization studies, rather than with immediate changes in rig count. Wells need to be drilled and subsequently completed, stimulated, and cored, or have reservoir fluid samples collected, before Core can realize a revenue event. Core expects to continue benefiting from increased U.S. onshore activity, albeit led by private operators and somewhat moderated by capital discipline for larger publicly-traded operators.
For the second quarter of 2022, Core projects its business to improve, primarily from increasing activity levels in the U.S. and moderate improvement in international, offshore and deepwater markets, potentially offset by uncertainties associated with the Russia-Ukraine conflict. Core projects second quarter 2022 revenue to range from $119,000,000 to $125,000,000 and operating income of $9,400,000 to $11,800,000, yielding operating margins of approximately 9%. EPS for the second quarter of 2022 is expected to be $0.12 to $0.16.
The Company's second quarter 2022 guidance is based on projections for underlying operations and excludes gains and losses in foreign exchange. Second quarter 2022 guidance also assumes an effective tax rate of 20%.
The Company has scheduled a conference call to discuss Core's first quarter 2022 earnings announcement. The call will begin at 7:30 a.m. CDT / 2:30 p.m. CEST on Thursday, 28 April 2022. To listen to the call, please go to Core's website at www.corelab.com.
Core Laboratories N.V. is a leading provider of proprietary and patented reservoir description and production enhancement services and products used to optimize petroleum reservoir performance. The Company has over 70 offices in more than 50 countries and is located in every major oil-producing province in the world. This release, as well as other statements we make, includes forward-looking statements regarding the future revenue, profitability, business strategies and developments of the Company made in reliance upon the safe harbor provisions of Federal securities law. The Company's outlook is subject to various important cautionary factors, including risks and uncertainties related to the oil and natural gas industry, business conditions, international markets, international political climates, including the Russia-Ukraine geopolitical conflict, public health crises, such as the COVID-19 pandemic, and any related actions taken by businesses and governments, and other factors as more fully described in the Company's most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. These important factors could cause the Company's actual results to differ materially from those described in these forward-looking statements. Such statements are based on current expectations of the Company's performance and are subject to a variety of factors, some of which are not under the control of the Company. Because the information herein is based solely on data currently available, and because it is subject to change as a result of changes in conditions over which the Company has no control or influence, such forward-looking statements should not be viewed as assurance regarding the Company's future performance.
The Company undertakes no obligation to publicly update or revise any forward-looking statement to reflect events or circumstances that may arise after the date of this press release, except as required by law.
Visit the Company's website at www.corelab.com. Connect with Core Lab on Facebook, LinkedIn and YouTube.
Management believes that the exclusion of certain income and expenses enables it to evaluate more effectively the Company's operations period-over-period and to identify operating trends that could otherwise be masked by the excluded Items. For this reason, management uses certain non-GAAP measures that exclude these Items; and believes that this presentation provides a clearer comparison with the results reported in prior periods. The non-GAAP financial measures should be considered in addition to, and not as a substitute for, the financial results prepared in accordance with GAAP, as more fully discussed in the Company's financial statements and filings with the Securities and Exchange Commission.
Return on Invested Capital ("ROIC") is presented based on management's belief that this non-GAAP measure is useful information to investors and management when comparing profitability and the efficiency with which capital has been employed over time relative to other companies. The Board has established an internal performance metric of demonstrating superior ROIC performance relative to the oilfield service companies listed as Core's Comp Group by Bloomberg. ROIC is not a measure of financial performance under GAAP and should not be considered as an alternative to net income.
ROIC of 6.7% is defined by Bloomberg as Net Operating Profit After Tax ("NOPAT") of $24.7 million divided by Average Total Invested Capital ("Average TIC") of $368.8 million where NOPAT is defined as GAAP net income before minority interest plus the sum of income tax expense, interest expense, and pension expense less pension service cost and tax effect on income before interest and tax expense. Average TIC is defined as average of beginning and ending periods' GAAP stockholder's equity plus the sum of net long-term debt, lease liabilities, allowance for doubtful accounts, net balance of deferred taxes, and income tax payable.
Core uses the non-GAAP measure of free cash flow to evaluate its cash flows and results of operations. Free cash flow is an important measurement because it represents the cash from operations, in excess of capital expenditures, available to operate the business and fund non-discretionary obligations. Free cash flow is not a measure of operating performance under GAAP and should not be considered in isolation nor construed as an alternative consideration to operating income, net income, earnings per share, or cash flows from operating, investing, or financing activities, each as determined in accordance with GAAP. Free cash flow should not be considered a measure of liquidity. Moreover, since free cash flow is not a measure determined in accordance with GAAP and thus is susceptible to varying interpretations and calculations, free cash flow as presented may not be comparable to similarly titled measures presented by other companies.
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https://www.kxii.com/prnewswire/2022/04/27/core-lab-reports-first-quarter-2022-results-continuing-operations/
| 2022-04-27T23:19:18Z
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ROCKLAND, Mass., June 30, 2022 /PRNewswire/ -- Geneva Financial (Geneva), a direct mortgage lender operating in 46 states, has announced the opening of a new branch in Rockland, Massachusetts led by Branch Manager Patrick Queally. The opening of this new branch provides opportunities for local borrowers and buyers looking to navigate the current housing market.
"Helping borrowers navigate the intricacies of today's market and being an educational resource on all things 'mortgage' are what make my job worth it." Massachusetts Branch Manager Patrick Queally stated. "Joining Geneva Financial has given me all the tools I need to better serve my borrowers and grow my branch."
Based out of Rockland, MA, Queally and his new branch proudly serve homebuyers throughout the state. The new branch will continue Geneva's exceptional service and extensive product offering through countless homebuyer and homeowner-focused products including Conventional, FHA, VA, USDA, Refinance, Reverse, Jumbo Loans, Condo Financing, and so much more.
Patrick started his career in the mortgage industry as a Loan Processor in 1993. Through the years he has worked for a variety of lending institutions – national lenders, regional and community banks, mortgage brokerages, and independent correspondent lenders. With his rare mix of underwriting and operational background in the mortgage industry, combined with years of sales experience, Patrick is uniquely equipped to serve his borrowers and help them navigate the increasingly complex world of obtaining mortgage financing.
Geneva Financial Home Loans is currently expanding in all markets and seeking branch managers and loan originators across the United States looking to advance their mortgage careers. For information on opportunities, visit www.GenevaFi.com/opportunity
About Geneva Financial
Founded in 2007 by Aaron VanTrojen, Geneva Financial (NMLS 42056) is a direct mortgage lender headquartered in Chandler, Arizona with more than 130 branch locations in 46 states. Our mission at Geneva Financial is to approach every aspect of our business from the "inside-out". With a culture-forward mindset, we focus on our loan originators and support staff first to ensure an unbeatable experience for our customers.
Our Core Values were created as a daily reminder to operate with the inside-out approach in mind. Core Value #1 is the backbone of all our Core Values, our mission, and our brand vision: Home Loans Powered by Humans®. Learn more about Geneva Financial Home Loans at www.GenevaFi.com
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https://www.mysuncoast.com/prnewswire/2022/06/30/geneva-financial-announces-new-massachusetts-mortgage-branch-headed-by-branch-manager-patrick-queally/
| 2022-06-30T14:36:41Z
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‘I had about 20 more minutes’: Veteran boater survives 10 hours stranded in water
FAIRHOPE, Ala. (WBRC/Gray News) - The U.S. Coast Guard rescued a veteran fishing guide stranded in the water for multiple hours during rough boating conditions.
WBRC reports Kevin Olmstead, 53, has been a fishing guide and angler for years. He was recently wade fishing in the Mississippi Sound when he said conditions were starting to get too rough to stay.
Olmstead said he got back in his beached boat and started what should have been a bumpy ride back. But after being dumped overboard by a wave as he tried to retrieve a life jacket, he said he knew he was in trouble.
“I was there by myself. I shouldn’t have been over there in that kind of weather. At that point, a wave hit the side of the boat and threw me in,” Olmstead said.
The 53-year-old said he started feeling the effects of hypothermia, including convulsions and cramps, once he was still stranded into the afternoon hours.
“Three hours went by, and I thought, ‘I’m still here,’” he said. “I knew I had to get to something stationary to have a chance for someone to see me.”
Olmstead said when it started to get dark, he somehow managed to reach a barnacle-encrusted piling and got on top of it.
“I had seen the coast guard jet fly over before I got to the piling, and I knew it had to be for me,” he said. “I saw them turn their boat around and come toward me, and then they got me in the boat.”
According to Olmstead, a rescue swimmer deemed it too risky to try to lift him into a helicopter. So, he was transported by boat to Bayou La Batre and then transported to the University of South Alabama Hospital.
“The rescue swimmer said I had about 20 more minutes or I would be gone,” Olmstead said. “He said professionals he knew couldn’t have done what I just did for 10 hours.”
The veteran fishing guide said the thoughts of his wife and kids helped get him through the ordeal. He also said to make sure you have your life jacket when out on the water.
“Most important is the life jacket. You think it’s not going to happen to you. I’ve been on the water for more than 30 years. I’m the safest boater that I know. It can happen to you. I’m living proof,” Olmstead said.
Copyright 2022 WBRC via Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/06/03/i-had-about-20-more-minutes-veteran-boater-survives-10-hours-stranded-water/
| 2022-06-03T23:44:29Z
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COLUMBIA, S.C. (AP) — South Carolina Republican lawmakers will keep trying to enact new abortion restrictions later this month.
Speaker Murrell Smith announced Monday that the House will meet on Sept. 27, more than two weeks after the Senate sent back a markedly different proposal from the one passed earlier by the lower chamber. Contentious debates among Republicans over exceptions have emerged in a special session on abortion that convened after the U.S. Supreme Court’s June decision to overturn Roe v. Wade.
It is unclear if the House will take up the Senate’s bill. Smith told reporters earlier Monday that “all options are on the table.” While Smith was disappointed with the outcome last week, he said this is how legislation gets made.
“I understand that each body has a different makeup and each body has the ability to put their imprint on a bill,” Smith said to reporters. “I respect the Senate as a body and their votes. Obviously, the House is vastly different from their position.”
The House passed a ban on abortion at all stages of pregnancy in late August with exceptions for the mother’s life and rape or incest up to 12 weeks. The Senate passed a six-week ban, based on when cardiac activity can be detected in an embryo, with exceptions for pregnancies caused by rape or incest, to save the life of the mother and, when approved by two doctors, in cases of fatal fetal anomaly.
The upper chamber’s bill varies slightly from a 2021 South Carolina law that’s on hold while the state Supreme Court considers a new legal challenge from abortion providers. One change included cutting the period when pregnancies resulting from rape or incest may be aborted from 20 weeks to about 12 weeks. The proposal also requires that police receive the fetus’ DNA.
The state currently bans abortions 20 weeks after conception.
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James Pollard is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.
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For more of AP’s coverage on abortion: https://apnews.com/hub/abortion
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https://cw33.com/health/ap-health/ap-s-carolina-house-to-meet-after-divergent-senate-abortion-ban/
| 2022-09-12T23:48:06Z
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In partnership with IFundWomen and She Should Run, Johnnie Walker expands its commitment to fund, mentor and champion women entrepreneurs, and help build a community of women interested in public leadership
NEW YORK, Aug. 25, 2022 /PRNewswire/ -- Women's Equality Day honors the anniversary of women's right to vote - a major milestone on the journey towards equal rights for women. As we celebrate the many bold, trailblazing women of the past and deepen the brand's commitment to the next generation of groundbreaking female leaders, Johnnie Walker proudly launches the next phase of its 'First Strides' initiative to help close the gender gap in leadership.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9080751-johnnie-walker-womens-equality-day-first-strides-lilly-singh/
The 'First Strides' initiative will focus on developing a broad community of women ready and empowered to lead the way forward by funding, mentoring and championing women entrepreneurs and leaders in both public and private sectors. To achieve these goals, the iconic brand is building meaningful partnerships with leading organizations paving the way for more seats for women in the boardroom and in public office – including IFundWomen, the go-to funding marketplace for women-owned businesses, and She Should Run - the only nonpartisan organization focused on reaching and cultivating the potential of women who may have never considered elected leadership, but should.
Johnnie Walker is also proud to partner with Lilly Singh to add her voice, talents and passion to efforts to accelerate women in leadership. The entertainer, writer, actor and gender equity advocate has scripted and produced original content to raise awareness of First Strides, championing female leaders and spotlighting the unique challenges they face on the path to progress and parity.
"I am thrilled to work with Johnnie Walker on this important effort," said Singh. "We have to make space for more women in leadership roles. We often talk about the importance of having a seat at the table. Well, right now there is only one woman at the table for every three men – even though gender diverse teams perform better, are more innovative and more profitable. In other words, it pays to let women lead. We need to build a future where women have more equitable access and opportunities, and where we are all seated as equals."
She Should Run has set a bold goal to inspire 250,000 women to take their first strides toward public leadership by 2030. Johnnie Walker is proud to donate funds to help mobilize women from all walks of life to explore the possibilities of public leadership. To learn more about how you can be part of the movement, visit www.sheshouldrun.org.
Together with IFundWomen, Johnnie Walker continues to support the organization's mission of closing the funding gap, with a goal of reaching $1 million in grants by 2030 for women-owned businesses so they can thrive in the marketplace. The Johnnie Walker and IFundWomen partnership will offer selected entrepreneurs capital through grants, as well as access to coaching and connections through the IFundWomen platform. To learn more and apply for funding, visit www.ifundwomen.com/johnniewalker.
"Johnnie Walker is committed to celebrating and enabling bold first strides that open the door for seconds and thirds to follow," said Sophie Kelly, SVP of Whiskies at Diageo North America. "We are proud to support the meaningful work of partners IFundWomen, She Should Run, Black Girl Ventures and the ERA Coalition, among others, and we hope to help them achieve their goals in creating positive change."
Johnnie Walker introduced the First Strides initiative this year, an evolution of the brand's First Women campaign, building on the brand's purpose driven mission to see more meaningful firsts achieved, so there can be seconds, thirds and fourths to follow. To learn more visit https://www.johnniewalker.com/en-us/firststrides/.
About Johnnie Walker
Johnnie Walker is the world's number one Scotch Whisky brand, enjoyed by people in over 180 countries around the world. Since the time of its founder, John Walker, those who blend its whiskies have pursued flavor and quality above else.
Six generations of skilled Master Blenders have pioneered and crafted bold new flavors that have transformed a small Scottish grocery store business, founded in 1820, into an international whisky business selling stylish, authentic, and iconic blends.
Today's range of award-winning whiskies includes Johnnie Walker Red Label, Black Label, Double Black, Green Label, Johnnie Walker High Rye Blended Scotch Whisky, Gold Label Reserve, Aged 18 Years and Blue Label. Together they account for nearly 19 million cases sold annually (IWSR, 2019), making Johnnie Walker the most popular Scotch Whisky brand in the world.
About Diageo North America
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world.
For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice. Follow at Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
About She Should Run
She Should Run is a national, nonpartisan nonprofit dedicated to building a future of gender equality in elected office. As the only lead-finders for the field of women's representation, they have a bold but necessary goal to inspire 250,000 women to take their first steps toward public leadership by 2030. Their programs mobilize women from all walks of life to awaken to the power of their leadership potential.
About IFundWomen
IFundWomen is the go-to funding marketplace for women-owned businesses and the people who want to support them with access to capital, coaching, and connections. Its mission is to close the funding gap for women-owned businesses.
It offers immediate access to capital through a premium online fundraising experience, access to small business grants from corporate partners, award-winning business coaching on all the topics entrepreneurs need to know about, and a network of women business owners that sparks confidence, accelerates knowledge and ignites action.
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https://www.wibw.com/prnewswire/2022/08/25/johnnie-walker-blended-scotch-whisky-lilly-singh-join-forces-gender-parity-leadership-part-brands-first-strides-initiative/
| 2022-08-25T20:57:15Z
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Volume follow-on order for Vuzix Blades received as a proven hardware solution of choice
ROCHESTER, N.Y., April 22, 2022 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, today announced an additional follow-on volume order of Vuzix Blade® Smart Glasses from Medacta in connection with that company's launch of their NextAR™ shoulder augmented reality surgical platform in Europe and the US.
Medacta's NextAR™ surgical shoulder platform, the first CE-marked and FDA-cleared augmented reality surgical application with intraoperative guidance for total shoulder replacement, was developed with the help of worldwide orthopaedic expert surgeons to improve efficiency and precision in total shoulder replacement. While supporting the advancement of personalized surgery, NextAR Shoulder has been successfully used to treat more than 200 patients in Europe and the United States since first introduced in June 2021.
Prior to surgery, the surgeon uses a 3D virtual model of the patient's shoulder in order to choose the best implant and position for restoring the patient's unique anatomy. NextAR Shoulder enhances the preoperative strategy planning with unique intraoperative orientation assessments, allowing surgeons to accurately track the position of instruments and implants in real-time through the proprietary single-use NextAR TS Tracking System. Surgeons equipped with Vuzix Blade Smart Glasses can then access biomechanical visualizations using augmented reality in real time, without having to divert their eyes from the procedure to glance at a computer screen. The AR system gives surgeons complete control over every detail of the surgery to provide maximum accuracy; and eliminates the need for bulky robotic arms or dedicated equipment operators in the operating theater, further reducing costs per case. To read more about Medacta's NextAR shoulder augmented reality surgical platform, please click here - https://nextar-shoulder.medacta.com/. To view a video discussing the platform, please click here - https://www.youtube.com/watch?v=0ace5GSkH_w
"The adoption of AR technology and use of Vuzix smart glasses is driving evolution within healthcare on many levels, particularly regarding use cases in operating rooms around the world," said Paul Travers, President and Chief Executive Officer at Vuzix. "Vuzix smart glasses are lightweight, comfortable and completely wireless, which means surgeons have complete freedom of movement and can wear them for extended operations. We're proud to support the expansion of Medacta's NextAR platform as it continues to branch into new applications and geographies."
About Vuzix Corporation
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 246 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several wireless technology innovation awards, among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.
Forward-Looking Statements Disclaimer
Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward-looking statements contained in this release relate to Vuzix Smart Glasses, ongoing certifications of this use case, our current and future business relationships and opportunities with Medacta and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.
Media and Investor Relations Contact:
Ed McGregor, Director of Investor Relations
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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https://www.wibw.com/prnewswire/2022/04/22/vuzix-blade-smart-glasses-support-medactas-launch-its-nextar-shoulder-augmented-reality-surgical-platform-europe-us/
| 2022-04-22T14:52:40Z
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Leading developer closes on the €165 million deal with the intent to develop the property into a luxury hotel managed by Four Seasons
MIAMI, July 1, 2022 /PRNewswire/ -- Fort Partners Puerto Rico LLC (Fort Partners), led by Founder and CEO Nadim Ashi, today announced the acquisition of the Palazzo Marini (3-4) for €165 million with plans to develop the property into a luxury hotel that will be managed by Four Seasons Hotels and Resorts, the world's leading luxury hospitality company.
"A project in Rome has been a dream of mine for many years. We have a clear vision and can already see this magnificent place come to life. As with our other properties, Fort Partners' commitment to delivering top quality, excellence and elegance will be ever present in the execution of this project in the heart of Rome," says Nadim Ashi, Founder and CEO, Fort Partners.
Fort Partners' vision for the Palazzo Marini 3-4 in Rome will be thoughtfully developed with a deep reverence for the building's architectural importance within the Eternal City. This vision will be led by a collaborative team of exceptional talents who will transform the property in a manner that pays homage to its history while elevating it with a contemporary aesthetic that meets the needs of discerning global travellers.
More details about this project will be announced at a later date.
About Four Partners
Fort Partners Puerto Rico LLC is a real estate ownership, development and management company founded by entrepreneur Nadim Ashi. Under his leadership, Fort Partners is developing, acquiring, and enhancing properties, utilizing the top talents in the fields of architecture, design, and hospitality to bring to life extraordinary places that positively transform its surroundings.
Media Contact
Gabriela Navarro
gabriela@fortpartners.com
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https://www.mysuncoast.com/prnewswire/2022/07/01/fort-partners-acquires-historic-palazzo-marini-rome/
| 2022-07-01T14:53:20Z
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An account bearing the name of Ricky Shiffer, the man authorities say they killed after he tried Thursday to breach an FBI field office in Cincinnati, made posts on the social media platform founded by Donald Trump referencing the attempt to storm the office and encouraging others online to prepare for a revolutionary-type war.
The post about the FBI office attack was made minutes after the Ohio State Highway Patrol said the incident at the FBI office in Cincinnati began, shortly after 9:15 a.m.
"Well, I thought I had a way through bullet proof glass, and I didn't," the user posted at 9:29 a.m. Thursday on Truth Social, Trump's social media site. "If you don't hear from me, it is true I tried attacking the F.B.I., and it'll mean either I was taken off the internet, the F.B.I. got me, or they sent the regular cops while."
It's unclear whether the user intended to write more, as the post stops after "while." Authorities at 9:37 a.m. located and began pursuing the suspect's vehicle, a spokesperson for the Ohio State Highway Patrol said.
Shiffer, 42, of Columbus, was killed by law enforcement after a vehicle chase and a subsequent hours-long standoff in Ohio's Clinton County, roughly a 45-mile drive northeast of downtown Cincinnati, authorities say.
He had been known to the FBI because he had a connection to the January 6, 2021, riot at the US Capitol and also had associates within the Proud Boys, according to two law enforcement sources. The Proud Boys is a far-right extremist group whose head, along with four other group leaders, were charged with seditious conspiracy in the 2021 attack.
What role Shiffer may have played the riot is under investigation, the two sources said. The deadly incident unfolded as Congress met to certify Joe Biden's 2020 presidential election victory.
Authorities have not yet confirmed the Truth Social account belongs to the suspect killed in Ohio. However, an image on the account matched a government ID photo of the suspect, a law enforcement source told CNN. The FBI declined to comment on the account and its postings, citing its ongoing investigation.
On the account, the user claimed to have been in Washington, DC, on January 6, 2021, but did not say whether he entered the Capitol. The poster frequently referenced his belief the 2020 election was stolen from Trump.
The user communicated to others with the account -- which has only been active in the last few weeks -- with increasingly politically violent and revolution-minded thoughts.
Though the user's push for violence did not start or stop with the FBI's recent actions, the bureau's search warrant execution early this week at Trump's Florida home marked the start of the user's intense fixation on responding with violence toward the agency.
"People, this is it," the user wrote Monday, shortly after news broke of the search warrant. "I hope a call to arms comes from someone better qualified, but if not, this is your call to arms from me." In the post, the user also encouraged people to go to gun and pawn shops to "get whatever you need to be ready for combat."
"We must not tolerate this one," the user wrote.
When another user responded, saying they would be sending his photo and information onto the FBI, the user of the account bearing Shiffer's name responded saying, "Bring them on."
It's unclear whether the information was forwarded to the FBI.
"Evil already won, now we need to fight a civil war to take back the country," the user later wrote Monday.
On Tuesday, the day after the FBI executed a search warrant at Mar-a-Lago, the poster wrote people were heading to gather in Palm Beach and if the FBI broke up the group, "kill them."
When another user responded to his post, saying no one should resort to violence, the user of the account bearing Shiffer's name responded with, "Why not?"
The user of the Shiffer account then pushed another message of political violence, saying, "when tyranny becomes law, rebellion becomes duty."
"Don't forget how Americans handle tyrants," the user wrote Wednesday to another user, commenting on the same article.
"They rig elections, and get away with it," the user wrote Tuesday.
Shiffer himself served in the US Navy from 1998 until June 2003, his releasable military records show. Aboard a US Navy submarine, he was a fire control technician, responsible for weapons systems.
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https://www.albanyherald.com/news/account-bearing-ohio-fbi-standoff-suspects-name-encouraged-violence-against-the-agency-in-posts-on/article_30efd083-7278-5f1b-9240-30c27c055b04.html
| 2022-08-12T18:35:15Z
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TORONTO, Sept. 13, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Virtual Assistants Emotional Footprint, with four providers identified as Champions.
Virtual assistants (VAs) are interactive applications that simulate human interaction by employing natural language processing for input and feedback using text or voice. These AI-powered applications can automate customer interactions, reduce response times, and eliminate time-consuming processes.
As organizations become more digital and move their services online, there is a growing need for virtual assistants to automate the increasing number of interactions and improve the overall digital customer experience. VA software can be a cost-efficient way to offload everyday tasks while getting more done and reaching more customers.
To aid organizations searching for the best solution for automating and streamlining operations, SoftwareReviews has identified the top VA software providers for the year based on verified survey data collected from 164 end-user reviews. These providers have received high scores on SoftwareReviews' Emotional Footprint.
The net emotional footprint (NEF) of each software provider is a result of aggregated emotional response ratings across the areas of service, negotiation, product impact, conflict resolution, strategy, and innovation. The NEF is a powerful indicator of overall user sentiment toward the provider and its product from the software user's point of view.
The 2022 Virtual Assistants Software Champions are as follows:
- Kore.ai Experience Optimization Platform, 100 NEF, ranked high for saving time.
- Ada, 97 NEF, ranked high for over-delivering.
- Qualified, 96 NEF, ranked high for being respectful.
- Mindsay, 93 NEF, ranked high for providing client-friendly policies.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate the software providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' dedicated virtual assistants category page.
For more information about SoftwareReviews, the Data Quadrant, or Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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https://www.kxii.com/prnewswire/2022/09/13/amid-growing-need-virtual-assistants-improve-online-experiences-softwarereviews-names-top-four-va-software-providers-2022/
| 2022-09-13T18:41:38Z
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BERLIN, Aug. 2, 2022 /PRNewswire/ -- 94% of the owners of financial assets are very worried that if something happens to them, their families won't be able to identify and access their assets. This was revealed by a recent survey conducted by the digital inheritance service DGLegacyⓇ among 10 000 of its clients who own digital and financial assets.
That risk is very real. In the state of New York alone, there is $17.5B in lost money, held in more than 46 million abandoned financial accounts – twice as many as the current residents of New York state!
In the USA overall, unclaimed assets have reached the unprecedented level of $100B. That's more than the market capitalization of Ford Motor Company and General Motors combined! The figure is increasing at the alarming rate of approximately $5B per year.
The numbers are staggering, and they span different types of financial assets, such as bank accounts, insurance policy payouts, estate proceeds, company stocks and mutual funds.
Estate planning can't protect against this as it doesn't solve the primary problem that leads to the lost money: the family members can't identify, locate or access the assets.
As one of the respondents to DGLegacy's survey put it, "It's of little value for me that my estate planning has a catch-all clause if my family doesn't have an idea what 'all' is."
In this situation, it's not surprising that estate planning proceeds are one of the primary types of abandoned assets that don't reach the family members.
In response to this global pandemic of abandoned digital and financial assets, digital inheritance services are emerging to cope with it.
They offer automatic detection of a fatal event happening to the asset owner and proactive sharing of the information about the assets with the designated beneficiaries. The people with whom the asset owner has shared the information are then aware of the assets and can identify and locate them.
This way, your money goes to your loved ones, instead of staying in financial institutions, online platforms and insurance companies.
As Ana Mineva, CEO at DGLegacy, commented, "Seeing this global pandemic of abandoned financial accounts and lost money, it's not surprising that we're seeing a massive increase in interest in using digital inheritance services to protect people's financial assets."
To find out more about how DGLegacyⓇ can help you protect your digital and financial assets, please visit www.dglegacy.com.
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https://www.mysuncoast.com/prnewswire/2022/08/02/your-lost-money-new-york-alone-there-are-twice-many-abandoned-financial-accounts-residents/
| 2022-08-02T12:58:25Z
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SHANGHAI, April 12, 2022 /PRNewswire/ – Forbes released the 2022 Midas List on April 12, a ranking of the world's top 100 venture capitalists. Nisa Leung, Managing Partner of Qiming Venture Partners, and Duane Kuang, Founding Managing Partner of Qiming Venture Partners, ranked on the list.
Since 2001, Forbes announces its annual Midas List of the top VC investors in the world. The name is an allusion to Greek mythology where King Midas is renowned for his ability to turn everything he touched into gold.
Nisa has been on the list for four consecutive years, ranking No.61 and up 12 places from last year. In the past three years, Nisa was ranked as No.1 healthcare investor in China and she has also been consistently ranked as one of Forbes China's best female venture capitalists, topping the list for the first time in 2022.
Nisa and her team invest with a desire to improve China's healthcare environment and address unmet healthcare needs for the people's betterment. As one of the earliest investors in the sector, Nisa and her team invested in over 170 healthcare companies, including Zai Lab (NASDAQ:ZLAB, SEHK:9688), CanSino Biologics (SEHK:6185, SHSE:688185), Gan & Lee Pharmaceuticals (SHSE:603087), New Horizon Health (SEHK:6606), Venus MedTech (SEHK:2500), and Schrödinger (NASDAQ:SDGR) for the past decade.
For the past fifteen months, thirteen of Qiming's healthcare companies completed public offerings. Notable exits include New Horizon Health and Sino Biological.
Nisa believes that China healthcare companies will increasingly develop global footprint in the future. As a trailblazer and leader in the healthcare investment, Qiming Venture Partners works closely with its entrepreneurs and looks for outstanding companies in the fields of innovative drug research and development, devices, diagnostics, services and digital health, and continues to work towards high-quality development of China's healthcare industry.
Duane has been named on the Midas list for the third time, ranking No.74 this year. Duane co-founded Qiming Venture Partners in 2006 and has been leading the TMT team.
As Founding Managing Partner of Qiming Venture Partners, Duane has over 30 years of corporate management and investment experience, and has been active in the front line of the venture capital field. His portfolio includes star companies such as Xiaomi, RoboRock, Unisound, Qiniu, UBTech, Hesai Technology and WeRide. The technology sector covering artificial intelligence, enterprise services, semiconductors, blockchain and other fields has been a focus of Qiming Venture Partners for 15 years.
Today, Qiming Venture Partners is recognized as one of the most professional investment institutions in the field of AI, semiconductors and SaaS. Building presence in the "hardcore technology" field in 2021, Duane and his team have invested in many high-growth enterprises equipped with cutting-edge technologies.
At present, China's investment and innovation environment is undergoing tremendous changes. Duane believes that the key factor in innovation is the development of science and technology and that China's new economy is blazing a different innovation trail from the past; the new generation of entrepreneurs has stronger capabilities to innovate in technology, and products are becoming more and more internationally competitive. Qiming Venture Partners upholds the belief of being entrepreneur-friendly and provides more systematic services to its portfolio companies.
Currently Qiming Venture Partners manages ten US Dollar funds and six RMB funds with $6.2 billion assets under management. Qiming invests in outstanding companies in the TMT and healthcare sectors at the early and growth stages. In 2021, Qiming closed over 70 deals; 13 portfolio companies completed public offerings, and over 100 companies raised new financing rounds.
While achieving outstanding investment performance and being widely recognized by LPs around the world, Qiming is also proactive in practicing social responsibility. In 2021, Qiming partnered with China Foundation for Poverty Alleviation to launch a new initiative dedicated to empowering rural entrepreneurs with a donation of CNY 100 million, so as to contribute to China's rural revitalization.
Qiming Venture Partners believes in ESG and will continue to identify companies which can play an essential role in economic and social development. The company will also facilitate cutting-edge technologies and promote the transformation of scientific research through ecosystem construction and resource integration, so as to improve efficiency and enhance human well-being.
About Qiming Venture Partners
Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Hong Kong, Seattle, Boston and the San Francisco Bay Area.
Currently, Qiming Venture Partners manages ten US Dollar funds and six RMB funds with $6.2 billion in AUM capital raised. Since our establishment, we have invested in outstanding companies in the TMT and healthcare industries at the early and growth stages.
Since our debut, we have backed over 430 fast-growing and innovative companies. Over 170 companies are already listed on NYSE, NASDAQ, HKEx, Gretai Securities Market, Shanghai Stock Exchange and Shenzhen Stock Exchange, or achieved exit through M&A and other means. There are also over 40 portfolio companies that have achieved unicorn status.
Many of our portfolio companies are today's most influential firms in their respective sectors, including Xiaomi (SEHK:1810), Meituan (SEHK:3690), Bilibili (NASDAQ:BILI, SEHK:9626), Zhihu (NYSE: ZH), Roborock (SHSE:688169), Gan & Lee Pharmaceuticals (SHSE: 603087), Tigermed (SZSE:300347, SEHK:3347), Zai Lab (NASDAQ:ZLAB, SEHK:9688), CanSino Biologics (SEHK:6185, SHSE:688185), Schrödinger (NASDAQ:SDGR), APT Medical (SHSE:688617), New Horizon Health (SEHK:6606), Venus MedTech (SEHK:2500), Sanyou Medical (SHSE:688085), AmoyDx (SZSE:300685), Berry Genomics (SZSE:000710), SinocellTech (SHSE: 688520), Yuanxin Technology, and UBTech among many others.
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https://www.kxii.com/prnewswire/2022/04/13/qimings-nisa-leung-duane-kuang-named-2022-forbes-midas-list/
| 2022-04-13T01:45:39Z
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CHANDLER, Ariz., Aug. 1, 2022 /PRNewswire/ -- Zovio Inc (NASDAQ: ZVO), an education technology services company, today announced its results for the three and six months ended June 30, 2022.
Transaction Completed with The University of Arizona Global Campus
On July 31, 2022, the Company entered into and simultaneously closed a new asset purchase agreement with The University of Arizona Global Campus ("UAGC"), pursuant to which Zovio sold all of the remaining assets related to the UAGC Services Agreements. In connection with the new asset purchase agreement, the parties terminated the previous agreements, and UAGC assumed all obligations under Zovio's business contracts associated with the UAGC Services Businesses, as well as the lease for the facilities located in Chandler, Arizona, and has released Zovio from all remaining obligations under the previous agreements, including from all indemnification obligations under the Original Asset Purchase Agreement and all minimum payment guarantees under the UAGC Services Agreements. For further information, please refer to the transaction announcement filed earlier today.
Following the transaction, Zovio will continue to support the continued growth and expansion of its Fullstack Academy subsidiary and simultaneously explore strategic alternatives for that business.
Balance Sheet and Cash Flow
As of June 30, 2022, the Company had combined cash and cash equivalents of $20.8 million, compared with combined cash and cash equivalents of $28.3 million as of December 31, 2021.
The Company used $57.2 million of cash in operating activities during the six months ended June 30, 2022 and used $16.3 million of cash used in operating activities during the six months ended June 30, 2021. The Company also has projected future negative cash flows from operations.
Financial Results for the Three Months Ended June 30, 2022
Revenue and other revenue for the three months ended June 30, 2022 was $51.4 million, compared with revenue and other revenue of $69.2 million for the three months ended June 30, 2021.
Operating loss for the three months ended June 30, 2022 was $0.8 million, compared with operating loss of $4.5 million for the three months ended June 30, 2021.
Net loss for the three months ended June 30, 2022 was $4.7 million, compared with net loss of $4.0 million for the three months ended June 30, 2021.
Diluted loss per share for the three months ended June 30, 2022 was $0.14, compared with diluted loss per share of $0.12 for the three months ended June 30, 2021.
The Company recognized income tax expense of approximately $8 thousand for the three months ended June 30, 2022, compared with income tax benefit of $0.2 million for the three months ended June 30, 2021.
Non-GAAP Financial Results for the Three Months Ended June 30, 2022
Non-GAAP operating loss for the three months ended June 30, 2022 was $8.5 million, compared with non-GAAP operating loss of $1.0 million for the three months ended June 30, 2021. Non-GAAP operating loss for the three months ended June 30, 2022 excludes the net gain on sale transactions of $45.7 million, legal expense of $0.9 million, restructuring and impairment expense of $35.9 million, acquisition costs of $0.5 million, and other non-GAAP costs of $0.8 million. Non-GAAP operating loss for the three months ended June 30, 2021 excludes restructuring and impairment expense of $2.3 million, separation transaction costs of $0.3 million, acquisition costs of $0.5 million and non-GAAP stock compensation of $0.4 million.
Non-GAAP net loss for the three months ended June 30, 2022 was $12.3 million, compared with non-GAAP net loss of $0.8 million for the three months ended June 30, 2021. Non-GAAP net loss for the three months ended June 30, 2022 excludes the net gain on sale transactions of $45.7 million, legal expense of $0.9 million, restructuring and impairment expense of $35.9 million, acquisition costs of $0.5 million, and other non-GAAP costs of $0.8 million. Non-GAAP net loss for the three months ended June 30, 2021 excludes restructuring and impairment expense of $2.3 million, separation transaction costs of $0.3 million, acquisition costs of $0.5 million, non-GAAP stock compensation of $0.4 million, and income tax benefit of $0.3 million.
Non-GAAP diluted loss per share for the three months ended June 30, 2022 was $0.36, compared with non-GAAP diluted loss per share of $0.02 for the three months ended June 30, 2021.
Financial Results for the Six Months Ended June 30, 2022
Revenue and other revenue for the six months ended June 30, 2022 was $113.0 million, compared with revenue and other revenue of $146.0 million for the six months ended June 30, 2021.
Operating loss for the six months ended June 30, 2022 was $8.1 million, compared with operating loss of $13.8 million for the six months ended June 30, 2021.
Net loss for the six months ended June 30, 2022 was $12.1 million, compared with net loss of $13.5 million for the six months ended June 30, 2021.
Diluted loss per share for the six months ended June 30, 2022 was $0.36, compared with diluted loss per share of $0.41 for the six months ended June 30, 2021.
The Company recognized income tax expense of $86 thousand for the six months ended June 30, 2022, compared with an income tax benefit of $0.1 million for the six months ended June 30, 2021.
Non-GAAP Financial Results for the Six Months Ended June 30, 2022
Non-GAAP operating loss for the six months ended June 30, 2022 was $12.8 million, compared with non-GAAP operating loss of $4.1 million for the six months ended June 30, 2021. Non-GAAP operating loss for the six months ended June 30, 2022 excludes the net gain on sale transactions of $45.7 million, legal expense of $0.9 million, restructuring and impairment expense of $35.9 million, acquisition costs of $1.0 million, non-GAAP stock compensation of $0.2 million and other non-GAAP costs, including severance costs of $3.0 million. Non-GAAP operating loss for the six months ended June 30, 2021 excludes restructuring and impairment expense of $2.3 million, separation transaction costs of $1.1 million, acquisition costs of $1.3 million, non-GAAP stock compensation of $0.4 million and other non-GAAP costs, including severance costs of $4.6 million.
Non-GAAP net loss for the six months ended June 30, 2022 was $16.8 million, compared with non-GAAP net loss of $4.1 million for the six months ended June 30, 2021. Non-GAAP net loss for the six months ended June 30, 2022 excludes the net gain on sale transactions of $45.7 million, legal expense of $0.9 million, restructuring and impairment expense of $35.9 million, acquisition costs of $1.0 million, non-GAAP stock compensation of $0.2 million, and other non-GAAP costs, including severance costs of $3.0 million. Non-GAAP net loss for the six months ended June 30, 2021 excludes restructuring and impairment expense of $2.3 million, separation transaction costs of $1.1 million, acquisition costs of $1.3 million, non-GAAP stock compensation of $0.4 million, other non-GAAP costs, including severance costs of $4.6 million and income tax benefit of $0.3 million.
Non-GAAP diluted loss per share for the six months ended June 30, 2022 was $0.50, compared with non-GAAP diluted loss per share of $0.12 for the six months ended June 30, 2021.
About Non-GAAP Financial Measures
This press release contains non-GAAP financial measures for non-GAAP operating loss, non-GAAP net loss, non-GAAP diluted loss per share, EBITDA and Adjusted EBITDA. These non-GAAP measures exclude the net gain on sale transactions, legal expense, restructuring and impairment expense, acquisition costs, separation transaction costs, certain non-GAAP stock compensation, other non-GAAP costs including severance, as well as certain income tax adjustments, as applicable. These non-GAAP financial measures are not prepared in accordance with U.S. generally accepted accounting principles ("GAAP") and are not based on a comprehensive set of accounting rules. Management believes non-GAAP financial measures are useful in providing investors with an understanding of how specific line items in the consolidated statements of income (loss) are affected by items that may not be indicative of the operating results of the Company's core business. To the extent that other companies use similar methods in calculating and reporting non-GAAP operating results, the Company believes provision of supplemental non-GAAP financial information allows for a meaningful comparison of the Company's performance against the performance of other companies. The Company further believes that these non-GAAP financial measures provide useful information regarding its ongoing operating activities and business trends related to its results of operations, as well as a meaningful comparison with historical financial results. The Company's management and board of directors utilize these non-GAAP financial measures, together with the Company's financial statements prepared in accordance with GAAP, in developing operating budgets and evaluating the Company's performance. These non-GAAP financial measures are intended to supplement GAAP financial information, and should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. In addition, these non-GAAP financial measures may be different from non-GAAP financial measures used by other companies. Refer to the accompanying tables for a detailed reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures.
Earnings Conference Call and Webcast
Zovio Inc will host a conference call at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) today to discuss its latest financial results and recent highlights. The dial-in number for callers in the United States is (888) 330-3204, and the dial-in number for other callers is (646) 960-0844. The access code for all callers is 8039474. A live broadcast of the call will also be available on the Company's website at http://ir.zovio.com.
About Zovio Inc
Zovio Inc (NASDAQ: ZVO) is an education technology services company that partners with higher education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, including Fullstack Academy, leverages its core strengths to solve priority market needs through education technology services. Using proprietary advanced data analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio's purpose is to help everyone be in a class of their own. For more information, visit www.zovio.com.
Forward-Looking Statements
This news release may contain forward-looking statements which are not statements of historical fact and are subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding management's intentions, hopes, beliefs or expectations, and statements regarding the Company's outlook for the remainder of 2022 and beyond. These forward-looking statements are based on current information and expectations and are subject to various risks and uncertainties. The Company's actual performance or results may differ materially from those expressed in or suggested by such statements due to various factors, including, without limitation: our ability to successfully transition to being an education technology services company and the reliability of certain financial and accounting measures we utilize.
Additional information on factors that could cause actual plans implemented and actual results achieved to differ materially from those set forth in the forward-looking statements is included from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"), including, but not limited to, the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the SEC on April 15, 2022, the Company's quarterly reports on Form 10-Q and the Company's current reports on Form 8-K which are available at www.zovio.com. You should not place undue reliance on any forward-looking statements. Forward-looking statements are made on the basis of management's good faith beliefs, expectations and assumptions regarding future events based on information available at the time such statements are made. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update or revise any forward-looking statements to reflect actual results or any changes in assumptions, expectations or other factors affecting such forward-looking statements, except to the extent required by applicable securities laws.
Contact: Vickie Schray
vickie.schray@zovio.com
866 475 0317 x10003
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https://www.wibw.com/prnewswire/2022/08/01/zovio-inc-reports-second-quarter-2022-results/
| 2022-08-01T13:23:59Z
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Lawyers for Hillary Clinton ask judge to dismiss Trump lawsuit against her
By Katelyn Polantz and Paul LeBlanc, CNN
Lawyers for Hillary Clinton on Wednesday moved quickly to dismiss former President Donald Trump’s sprawling, gripe-filled lawsuit accusing her of masterminding a conspiracy against him.
“Whatever the utility of Plaintiff’s Complaint as a fundraising tool, a press release, or a list of political grievances, it has no merit as a lawsuit, and should be dismissed with prejudice,” Clinton’s attorneys wrote.
The court filing marks Clinton’s first response to Trump’s lawsuit, which claims that more than two dozen federal employees and political figures worked together to “vilify” him. The suit, and Clinton’s response, underscores the pair’s enduring contempt for each other years after they squared off in the 2016 general election.
Clinton’s team specifically argued that she should not be a defendant in the federal court in South Florida because too many years have passed to allow for a lawsuit centered on events from 2016. “By the Complaint’s own telling, these alleged events occurred long ago, and Plaintiff has been aware of his purported injuries for years,” the filing says.
Her attorneys also claim that Trump’s accusations have no “cognizable legal causes of action” and thus don’t belong in court.
Over 108 pages, Trump’s lawsuit rails against many of his political opponents and highlights the grievances he has complained about for years. It claims that Democrats and government officials perpetrated a grab bag of offenses, from a racketeering conspiracy to a malicious prosecution, computer fraud and the theft of secret internet data. The lawsuit asks for more than $24 million in costs and damages.
The suit specifically alleges that Clinton and other top Democrats hired lawyers and researchers to fabricate information tying Trump to Russia, and then peddled those lies to the media and to the US government in hopes of hobbling his chances of winning in 2016. Trump claims they were assisted by “Clinton loyalists” at the FBI who abused their powers to investigate him out of political animus.
The Clinton campaign did pay researchers to dig up dirt about Trump and Russia, and well-connected Democrats took some of their findings to law enforcement, believing possible ties between Trump and Russia were worth investigating.
But many of the key elements of Trump’s far-reaching accusations in the lawsuit have previously been debunked by the Justice Department inspector general and by a bipartisan report from the Senate Intelligence Committee.
Clinton’s team on Wednesday also asked the district judge, Donald Middlebrooks, to bar Trump from reviving a similar case against her at a later date.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/politics/cnn-us-politics/2022/04/20/lawyers-for-hillary-clinton-ask-judge-to-dismiss-trump-lawsuit-against-her/
| 2022-04-21T05:46:09Z
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- Audio Division Consists of Streaming Music Service, Slacker Radio and Podcast Network, PodcastOne
- Webcast Scheduled for Tuesday, September 13th at 2pm ET to Introduce Brad Konkol, President of Slacker Radio and Kit Gray, President of PodcastOne
LOS ANGELES, Sept. 9, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment and technology platform, announced today guidance for its audio division consisting of Slacker Radio and PodcastOne as well as a webcast scheduled for Tuesday, September 13th at 2pm ET.
Robert Ellin, Chairman and CEO of LiveOne, commented, "We are pleased to announce that our audio division consisting of streaming music service, Slacker Radio and podcasting network, PodcastOne are expected to achieve revenue in excess of $88 million and approximately $17 million in Adjusted EBITDA* for Fiscal Year 2023, an increase of 18% in revenue from $74.5 Million and 100% in Adjusted EBITDA from $8.8 Million in Fiscal Year 2022."
Mr. Ellin continued, "I am proud of my team that continues to execute on growing paid members for Slacker Radio while enhancing our technology offering with existing auto partners, adding Android Auto partners and solidifying B2B preload partnerships with leading mobile phone manufacturers and wireless carriers. PodcastOne continues to add amazing talent to its robust lineup of podcasts, which is attracting new top-tier advertisers and driving profitable revenue. I applaud our team's resiliency in these turbulent financial markets as they have shifted all their intellectual and financial capital to deliver substantial revenue, cash flow and Adjusted EBITDA in their respective subsidiaries."
LiveOne also updated its company-wide guidance for Fiscal Year 2023 expected to be revenue between $126 million and $129 million and Adjusted EBITDA between $8 million and $11 million.
Slacker Radio, a Wholly Owned Subsidiary of LiveOne
- Recently surpassed 2.5 Million total members, including 800,000 free members on an ad-supported model**
- Over 1.7 Million monthly paying members versus 1.48 million at March 31, 2022**
- 2 Million paid members expected by March 2023**
- Recently Launched Android Automotive App to reach next generation connected vehicles
PodcastOne, a Wholly Owned Subsidiary of LiveOne
- PodcastOne posted record revenue of $8.7 million in Q1 Fiscal Year 2023
- PodcastOne recently closed $8.1 million financing at a post-money valuation of $68 million
- PodcastOne spin-out and dividend of a portion of its common equity to 15K+ LiveOne shareholders is expected to be completed by the end of Fiscal Year 2023
- PodcastOne Ranked #8 on Podtrac's List of Top U.S. Podcast Publishers with record unique monthly audience exceeding 7.3 million, more than 2.1 billion downloads annually, and 325 podcasts
"The podcasting industry is growing exponentially and my team at PodcastOne continues to impress on a daily basis by signing top talent and welcoming high-quality advertisers to the platform," said Kit Gray, President of PodcastOne.
About LiveOne, Inc.
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the "Company") is an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. As of September 8, 2022, the Company has accrued a paid and free ad-supported membership base of 2.5 million**, streamed over 2,900 artists, has a library of 30 million songs, 600 curated radio stations, and over 300 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, released music-related NFTs, and created a valuable connection between fans, brands, and bands. The Company's wholly-owned subsidiaries include Slacker Radio, React Presents, Gramophone Media, Palm Beach Records, Custom Personalization Solutions, LiveXLive, PPVOne and PodcastOne, which generates more than 2.48 billion downloads per year and 300+ episodes distributed per week across its stable of top-rated podcasts. LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire, and through OTT, STIRR, and XUMO. For more information, visit www.liveone.com and follow us on Facebook, Instagram, TikTok, and Twitter at @liveone.
* About Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America ("GAAP"), we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA"), which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our cash flows or liquidity.
We use Contribution Margin (Loss) and Adjusted EBITDA to evaluate the performance of our operating segment. We believe that information about these non-GAAP financial measures assists investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
Contribution Margin (Loss) is defined as Revenue less Cost of Sales. Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date and a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, (e) depreciation and amortization (including goodwill impairment, if any), and (f) certain stock-based compensation expense. Management does not consider these costs to be indicative of our core operating results.
With respect to projected full year 2023 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "may," "might," "will," "will likely result," "would," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on one key customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing, acquisition, spin-out, distribution or transaction, including the proposed spin-out of PodcastOne or its pay-per-view business, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition, spin-out, distribution or transaction will not occur or whether any such event will enhance shareholder value; PodcastOne's ability to list on a national exchange; the Company's ability to continue as a going concern; the Company's ability to attract, maintain and increase the number of its users and paid members; the Company identifying, acquiring, securing and developing content; the Company's intent to repurchase shares of its common stock from time to time under its announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; the Company's ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; the effects of the global Covid-19 pandemic; uncertain and unfavorable outcomes in legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company's subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2022, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 29, 2022, Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2022, filed with the SEC on August 15, 2022, and in the Company's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
** Included in the total number of paid members for the reported periods are certain members which are the subject of a contractual dispute. LiveOne is currently not recognizing revenue related to these members.
LiveOne IR Contact:
(310) 601-2505
ir@liveone.com
Press Contact:
LiveOne
aileen@liveone.com
917.842.9653
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https://www.kxii.com/prnewswire/2022/09/09/liveone-announces-audio-division-guidance-88-million-17-million-adjusted-ebitda-fiscal-year-2023/
| 2022-09-09T15:38:44Z
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Parkland jurors hear 3rd day of heartbreaking testimony
FORT LAUDERDALE, Fla. (AP) - A Girl Scout and avid reader. A trombone player who loved movies and basketball. A straight-A student who loved Irish dance and was looking forward to a trip to Ireland.
Jurors in the trial of Florida school shooter Nikolas Cruz heard tearful statements Wednesday from three families whose children were among the 17 he murdered at Parkland’s Marjory Stoneman Douglas High School on Feb. 14, 2018. It was the third straight day of such testimony — but it didn’t make it any easier to hear as once again jurors, spectators and even Cruz’s lawyers wiped away tears.
Fourteen families have now given statements, with the final three set for Thursday after the jury tours the three-story classroom building where the massacre took place.
Cruz, 23, pleaded guilty in October to the murders; the trial, in its third week, is only to decide if he will be sentenced to death or life without parole.
Tony and Jennifer Montalto told the seven-man, five-woman jury and 10 alternates how their daughter Gina had saved a toddler from drowning when she was 10, and described the turtle figurine the child’s grateful mother gave her. It still decorates her now unused room.
Gina, who was 14 when she died, had an infectious personality, they said, and was an avid reader.
“She once told me she wanted to live in a library,” her mother said. The children’s wing at the Parkland library is now named for her.
Her father, wearing the same suit he wore to their last father-daughter dance, said her death has driven a wedge between him and his wife and left her younger brother angry.
“Gina was our best girl and Anthony our best boy,’’ he said. “My son struggles to make sense of Gina’s death at her school.”
They used to play together “filling our house with laughter,” he said. “Now there is deafening silence.”
Max Schachter spoke of his son, Alex, who was a dedicated trombone player in the school band. The 14-year-old also loved movies and played guard on a basketball team.
“Our family is broken. There is a constant emptiness,” his father said, adding that there is a part of him that will “always be sad and miserable.”
He said the family is haunted by the fact that they will never know whether Alex would have gone to his dream school, the University of Connecticut, or stayed closer to home.
“It’s an ache that is just constant,” he said. “I wish every single day that this was a nightmare that I could wake up from.”
He said that at 5 a.m. on the day of Alex’s funeral, he and Alex’s older brother, Ryan, were struggling to finish his eulogy when Ryan suggested looking in Alex’s bedroom trash can. There they found a poem titled “Life is like a Roller-coaster,” which Alex had written for his English class. Ryan read it for the jury.
Isabel Dalu, a friend who spoke on behalf of the family of shooting victim Cara Loughran, said Cara always reminded her of a “porcelain doll.” She made straight A’s, loved the beach and to surf. She also was looking forward to a vacation in Ireland the family had planned for the summer of 2018, Dalu said.
“Losing Cara has left a crushing absence in their lives,” Dalu said.
Dalu’s daughter was Cara’s “first friend and the big sister she didn’t have,” she said. The two loved Irish dancing, and Cara was looking forward to performing at the St. Patrick’s Day festival, she said.
Dalu said her own daughter still does Irish dance “to continue Cara’s legacy.”
___
This story has been edited to correct the name of a shooting victim’s mother to Jennifer Montalto, not Gina.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/08/04/parkland-jurors-hear-3rd-day-heartbreaking-testimony/
| 2022-08-04T04:17:29Z
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WASHINGTON (AP) — A “Real Housewives of Beverly Hills” TV star, a Paralympic swimmer and a self-described “brand king” were among the Instagram and TikTok influencers who were paid by Chinese officials for a discreet campaign that promoted the Beijing Winter Olympics, new Justice Department documents reveal.
The social media posts fanned across a variety of popular Instagram and TikTok accounts that have a combined following of 5 million people who follow their videos, photos and content about travel destinations, sports, fashion and women’s issues. The Chinese Consulate in New York paid $300,000 to New Jersey-based firm Vippi Media to recruit the influencers. The posts were not properly labeled as ads in the way that TikTok and Instagram requires.
“It allows them to boost the reach and the resonance of their messaging to make it appear to be authentic, independent content,” Jessica Brandt, a Brookings Institution expert on foreign interference and disinformation, said of China’s social media campaign.
More details about the social media campaign were disclosed in filings Monday with the Justice Department, just days after an Associated Press examination revealed that China is using a sweeping network of influencers and social media accounts to subtly proffer propaganda to users around the globe.
The AP’s reporting found that Vippi Media had not yet filed updates with the Justice Department on its influencer campaign, even though federal law requires the company to do so within 24 hours of materials being disseminated. The company had registered under the Foreign Agents Registration Act, a 1938 law that is meant to allow Americans to know when foreign entities are trying to influence public opinion or policymakers.
Vippi Media’s campaign, targeted at U.S. social media users, reached roughly 4 million users with ads that were scattered in stories, videos and posts across TikTok and Instagram in January, February and March by nearly a dozen influencers. The accounts named in the filing shared posts promoting the Olympics with the hashtags #Beijing2022, #partner and #ad.
A majority of the Instagram and TikTok content shared by the influencers simply advertised the Winter Olympics, shared pictures from some of the ceremonial events or gave insight on Chinese cultural customs.
Crystal Kung Minkoff, a cast member of Bravo’s “Real Housewives of Beverly Hills” who was listed as one of the influencers hired by Vippi Media, posted a video on her Instagram where she conducted an at-home, faux news-style broadcast of a mock Olympics game of musical chairs with her children. Later the post congratulates “Team USA” and says Beijing is the first city to host the summer and winter games. A message left with Minkoff was not immediately answered.
Meanwhile, Jessica Long, a decorated Paralympic swimmer and popular Instagram personality, celebrated the upcoming Olympics in a Jan. 27 post to her nearly 100,000 followers. “Have fun making lasting memories at the Winter Olympic Games in Beijing, China.” Long didn’t immediately return request for comment.
One of the most striking videos came from TikTok influencer Ryan Dubs, a “brand-king” with more than a half-million followers on his account, where he frequently hawks skin care products.
Dubs posted a 3-minute-long interview with China’s Consul General in New York, Huang Ping, who spoke with the Chinese and U.S. flags behind him.
The spot’s caption includes hashtags for the Beijing 2022 games. Huang and Dubs decry U.S. tariffs against Chinese imports. Dubs says he has amazing suppliers in China and encourages entrepreneurs in the U.S. to do business with China. Haung followed up by inviting U.S. businesses to come to China in the video. The Beijing games feature briefly, with Dubs saying they “helped define China in 2022.” Dubs did not immediately respond to the AP’s request for comment.
It’s unclear how much each influencer was paid to post the content.
Minkoff, Long and Dubs used #partner in their posts, but did not directly identify who sponsored the content. Instagram requires that influencers tag the sponsor, and both TikTok and Instagram require their users to register the posts as a paid partnership with the company. Most influencers, however, flout those rules — leaving social media users in the dark about who is paying for the posts they see in their feeds.
A Justice Department spokesperson did not immediately return an email seeking comment.
—
Catalini reported from Trenton, New Jersey.
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https://cw33.com/technology/ap-technology/china-used-tv-tiktok-stars-in-discreet-olympics-campaign/
| 2022-04-08T00:02:17Z
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Progress Builds on Productive NASH Partnership
CHARLOTTESVILLE, Va., Aug. 10, 2022 /PRNewswire/ -- HemoShear Therapeutics, Inc., a privately held clinical stage biotechnology company, has received a milestone payment under its October 2020 research collaboration and service agreement with Takeda. The milestone acknowledges development of a human tissue-based model of an undisclosed rare liver disease using the company's REVEAL-Tx™ platform. REVEAL-Tx™ combines physiological and computational models of disease to identify novel treatment approaches and select drug candidates in a human-relevant disease context.
In 2021, HemoShear completed a four-year collaboration with Takeda resulting in two novel drug targets for nonalcoholic steatohepatitis (NASH) advancing into Takeda's Discovery Portfolio.
"I am incredibly proud of our team who went to exhaustive efforts to develop and validate a new rare liver disease model," said M. Sol Collado, PhD, head of discovery biology. "With this model now available to Takeda and HemoShear scientists, we are initiating an accelerated research plan to assess therapeutic approaches and monitor impact on biomarkers."
"HemoShear has continued to deliver throughout our liver disease research partnerships," said Bernard Allan, PhD, head of liver research and drug discovery at Takeda. "We look forward to building on our momentum utilizing HemoShear's platform and scientific team to help evaluate potential new treatments for a challenging rare liver disease with high unmet need."
HemoShear Therapeutics, Inc. is a privately held clinical stage company developing treatments for rare diseases with significant unmet patient need. HemoShear's drug discovery platform, REVEAL-Tx™, enables the Company's scientists to create best-in-class, biologically relevant human disease models to uncover the underlying mechanisms of disease, translate those discoveries into drug targets, and select candidates that may treat patients successfully. HemoShear completed an exclusive partnership identifying two novel therapeutic approaches in nonalcoholic steatohepatitis (NASH) for Takeda in 2021. The Company has ongoing collaborations with Takeda in a rare liver disease and with Horizon Therapeutics in gout. For more information visit www.HemoShear.com.
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https://www.kxii.com/prnewswire/2022/08/10/hemoshear-develops-new-human-tissue-based-model-rare-liver-disease-under-research-collaboration-with-takeda/
| 2022-08-10T11:50:22Z
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Data reinforces strong safety and efficacy for EYP-1901 as a potential six-month maintenance treatment for previously treated wet AMD
No dose limiting toxicities, no ocular serious adverse events (SAEs) and no drug-related systemic SAEs observed
Stable visual acuity and optical coherence tomography observed from a single treatment
Phase 2 clinical trial (DAVIO2) in wet AMD patient dosing anticipated in Q3 2022
WATERTOWN, Mass., July 15, 2022 /PRNewswire/ -- EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a pharmaceutical company committed to developing and commercializing therapeutics to improve the lives of patients with serious eye disorders, today announced 12-month data from the Phase 1 "Durasert® and Vorolanib in Ophthalmology" (DAVIO) clinical trial evaluating EYP-1901, a sustained delivery anti-vascular endothelial growth factor (anti-VEGF) therapy targeting wet age-related macular degeneration (wet AMD) as a potential every six-month treatment. These data are being presented today at the American Society of Retina Specialists (ASRS) 2022 Annual Meeting by Rishi Singh, M.D., Staff Physician, Cleveland Clinic Florida, President – Cleveland Clinic Martin Hospitals.
"The final 12-month results from the DAVIO clinical trial highlight EYP-1901's continued positive safety and efficacy profile with promising durability as a potential every six-month maintenance therapy for previously treated wet AMD," said Rishi Singh, M.D., a member of EyePoint's Scientific Advisory Board. "We are grateful to the patients, investigators and site staff who participated in the Phase 1 DAVIO trial."
"We are extremely pleased with the excellent safety and efficacy results from our Phase 1 DAVIO trial. There remains a significant opportunity for a safe and effective sustained delivery maintenance treatment in wet AMD, and the DAVIO trial demonstrates that EYP-1901 has the potential to maintain a majority of patients for up to six months with no supplemental anti-VEGF therapy," said Nancy Lurker, Chief Executive Officer of EyePoint Pharmaceuticals. "We look forward to beginning to dose patients in the Phase 2 DAVIO2 clinical trial for EYP-1901 in wet AMD and anticipate top line data in the second half of 2023."
The final twelve-month data presented from the Phase 1 DAVIO clinical trial showed no reports of ocular SAEs or drug-related systemic SAEs. There were no reported events of vitreous floaters, endophthalmitis, retinal detachment, implant migration in the anterior chamber, retinal vasculitis, posterior segment inflammation, or retinal vascular occlusive events. Additionally, updated data from the twelve-month follow-up confirm stable best corrected visual acuity (BCVA) (-4.12 ETDRS letters), stable central subfield thickness (CST) on optical coherence tomography (OCT) (-2.76 μm), and an expected late increase in supplemental anti-VEGF therapy given the insert's expected drug depletion, with 35% of eyes supplement free up to twelve months versus 53% supplement free up to six months. Additionally, there continued to be positive treatment burden reduction of 74% at twelve months versus 79% at six-months.
EyePoint anticipates that the first patient in the twelve-month, randomized, controlled Phase 2 clinical trial (DAVIO2) of EYP-1901 for wet AMD will be dosed in Q3 2022. The trial is expected to enroll approximately 150 wet AMD patients previously treated with a standard-of-care anti-VEGF therapy and randomly assigned to one of two doses of EYP-1901 (approximately 2 mg or 3 mg) versus an on-label aflibercept control. EYP-1901 is delivered with a single intravitreal injection in the physician's office, similar to current FDA approved anti-VEGF treatments. The primary efficacy endpoint of the DAVIO2 trial is non-inferiority to the aflibercept control, as measured by change in BCVA six-months after the EYP-1901 injection. Secondary efficacy endpoints include change in CST as measured by OCT, time to first supplemental anti-VEGF, and safety. More information about the study is available at clinicaltrials.gov (identifier: NCT05381948).
EYP-1901 is being developed as an investigational sustained delivery treatment, initially in wet age-related macular degeneration (wet AMD) combining a bioerodible formulation of EyePoint's proprietary Durasert® delivery technology with vorolanib, a tyrosine kinase inhibitor. Positive twelve-month safety and efficacy data from the Phase 1 DAVIO clinical trial of EYP-1901 showed no reports of ocular or drug-related systemic serious adverse events and no dose limiting toxicities with stable visual acuity and OCT. Further, 53% of eyes did not require supplemental anti-VEGF injections up to six months following a single dose of EYP-1901. A Phase 2 trial for wet AMD (DAVIO2) is expected in Q3 2022 and Phase 2 studies are planned for non-proliferative diabetic retinopathy and diabetic macular edema in 2H 2022 and 2023, respectively. Vorolanib is licensed to EyePoint exclusively by Equinox Sciences for the localized treatment of all ophthalmic diseases.
Age-related macular degeneration (AMD) impacts as many as 11 million Americans. About 15% of those affected have neovascular or wet AMD - the hallmark of which is fluid and bleeding in the center of the retina, which may lead to irreversible vision loss. The majority of patients with wet AMD require intravitreal injections every month or two to control the disease. This intense treatment regimen represents an ongoing challenge for patients, caregivers, and physicians.
EyePoint Pharmaceuticals (Nasdaq: EYPT) is a pharmaceutical company committed to developing and commercializing therapeutics to help improve the lives of patients with serious eye disorders. The Company's pipeline leverages its proprietary Durasert® technology for sustained intraocular drug delivery including EYP-1901, an investigational sustained delivery intravitreal anti-VEGF treatment initially targeting wet age-related macular degeneration. The proven Durasert drug delivery platform has been safely administered to thousands of patients' eyes across four U.S. FDA approved products, including YUTIQ® for the treatment of chronic non-infectious uveitis affecting the posterior segment of the eye, which is currently marketed by the Company. EyePoint Pharmaceuticals is headquartered in Watertown, Massachusetts.
EYEPOINT PHARMACEUTICALS SAFE HARBOR STATEMENTS UNDER THE PRIVATE SECURITIES LITIGATION ACT OF 1995: To the extent any statements made in this press release deal with information that is not historical, these are forward-looking statements under the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements regarding the use of proceeds for the offering and other statements identified by words such as "will," "potential," "could," "can," "believe," "intends," "continue," "plans," "expects," "anticipates," "estimates," "may," other words of similar meaning or the use of future dates. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Uncertainties and risks may cause EyePoint's actual results to be materially different than those expressed in or implied by EyePoint's forward-looking statements. For EyePoint, this includes uncertainties regarding the timing and clinical development of our product candidates, including EYP-1901; the potential for EYP-1901 as a sustained delivery intravitreal anti-VEGF treatment for serious eye diseases, including wet age-related macular degeneration; the effectiveness and timeliness of clinical trials, and the usefulness of the data; the timeliness of regulatory approvals; the success of current and future license agreements; our dependence on contract research organizations, co-promotion partners, and other outside vendors and service providers; effects of competition and other developments affecting sales of our commercialized products, YUTIQ® and DEXYCU®; market acceptance of our products; product liability; industry consolidation; compliance with environmental laws; risks and costs of international business operations; volatility of stock price; possible dilution; absence of dividends; the continued impact of the COVID-19 pandemic on EyePoint's business, the medical community and the global economy; and the impact of general business and economic conditions. More detailed information on these and additional factors that could affect EyePoint's actual results are described in EyePoint's filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as revised or supplemented by its Quarterly Reports on Form 10-Q and other documents filed with the SEC. All forward-looking statements in this news release speak only as of the date of this news release. EyePoint undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Investors:
Christina Tartaglia
Stern IR
Direct: 212-698-8700
christina.tartaglia@sternir.com
Media Contact
Amy Phillips
Green Room Communications
Direct: 412-327-9499
aphillips@greenroompr.com
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https://www.wibw.com/prnewswire/2022/07/15/eyepoint-pharmaceuticals-announces-positive-12-month-safety-efficacy-data-phase-1-davio-clinical-trial-evaluating-eyp-1901-treatment-wet-amd/
| 2022-07-15T13:31:50Z
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Walmart says it will create more than 4,000 jobs with new, high-tech fulfillment centers
(Gray News) - To better tackle the challenges of e-commerce, Walmart said it’s building four next-generation fulfillment centers, creating more than 4,000 new jobs.
The first of the new centers will open this summer in Joliet, Illinois, with others to follow in McCordsville, Indiana, Lancaster, Texas, and Greencastle, Pennsylvania, the retail giant said.
The fulfillment centers will combine people, robotics and machine learning to increase the speed of order fulfillment, the company said in a press release.
The big-box retailer says with these new fulfillment centers in place to support logistics, it could increase the availability of its next- or two-day shipping for millions of items to 75% of the U.S. population.
To improve efficiency, Walmart said they’ve partnered with Knapp, a tech company, to create an automated, high-density storage system. The innovations allow Walmart to complete in five steps what once took 12 steps., the company said.
The mechanization will also help make the jobs less strenuous for employees, who will no longer have to walk up to nine miles a day picking items for order fulfillment, the fact sheet said.
“Our priority is to strategically locate our (fulfillment centers) to pair most effectively with our 4,700 stores and 210 distribution centers. Together, this system of fulfillment assets is optimized to get orders to customers fast and efficiently,” the company said.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/06/03/walmart-says-it-will-create-more-than-4000-jobs-with-new-high-tech-fulfillment-centers/
| 2022-06-03T13:50:22Z
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Scholars will discuss the impact of the Russian invasion on higher education and the role of religious communities in peacebuilding and aiding internally displaced persons
CLAREMONT, Calif., May 25, 2022 /PRNewswire/ --
WHAT: Claremont McKenna College professors will join Ukrainian scholars, administrators, clergy, and students to discuss:
- The Crisis in Higher Education during the Russian Invasion of Ukraine: The impact of the war in Ukraine on higher education teaching, student learning, recruitment, and survival in a period of national crises. (Day 1, May 25)
- Religious Communities in Peacebuilding, Social Service Work, and in Aiding Internally Displaced Persons: The role of Ukrainian Orthodox, Catholic, Protestant, Jewish, Muslims, and NGO and other leaders in peacebuilding, social service work, and aiding internally displaced persons. (Day 2, May 26)
WHEN: Wednesday, May 25 and Thursday, May 26, 9:30 to 11:30 AM PDT, both days.
WHO: Claremont McKenna College Prof. Gastón Espinosa and Ukrainian Scholars Sergiy Makovsky, Denys Kuzmin, and Volodymyr Dalsky will lead discussions on the impact of the Russian invasion on higher education and the role of religious communities in peacebuilding and aiding internally displaced people.
The two-day event builds on more than a decade of research and visits made by Espinosa to Ukraine, where he has carried out interviews, given university lectures, and organized a major conference in 2020 on the role of religion in the Ukrainian struggle for independence, democracy, and society and on the growing influence of Ukrainian Orthodox, Catholic, Muslim, and Protestant Evangelical and Charismatic churches in Ukrainian politics and society.
Claremont McKenna College Dean Shana Levin, Kopiika Valeriy of Taras Shevchenko National University of Kyiv, and Viktor Glebov of I.I. Mechnikov National University of Odesa will offer opening remarks at both symposia on May 25 and 26.
REGISTRATION: Both events will be on zoom. Registration is required to participate
- May 25: Crisis in Higher Education during the Russian Invasion: Registration link: https://docs.google.com/forms/d/e/1FAIpQLSdsB-dwVB3F1xOyI6mRHIi8mhibPgKRsIX-MNVYO_AhaXWX_g/viewform
Symposium Zoom link: https://cmc-its.zoom.us/j/85779455757
- May 26: Role of Religion in Peacebuilding, Social Service Work, and Aiding Internally Displaced Persons: Registration link: https://docs.google.com/forms/d/1nZ-Dm3MmzqNf-pmC5nQnsxd_AormwQIfJbOY_e3owno/edit
Symposium Zoom link: https://cmc-its.zoom.us/j/83338249660
MEDIA: Media RSVP is required and online registration is required. Please contact Gilien Silsby 213-500-8673.
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SOURCE Claremont McKenna College
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https://www.mysuncoast.com/prnewswire/2022/05/25/crisis-ukraine-claremont-mckenna-college-top-ukrainian-universities-host-symposia-wednesday-thursday/
| 2022-05-25T06:55:09Z
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Two teens each will take home $10,000 college scholarships for crafting dazzling
Duck Tape® attire
AVON, Ohio, July 20, 2022 /PRNewswire/ -- It's the moment we've all been waiting for! After tallying the public's votes, Duck® brand is excited to crown the Grand Prize winners in the 22nd Annual Stuck at Prom® Scholarship Contest, which challenges students to create promwear out of Duck Tape® for a chance to win college scholarships. This year, Grace Vaughn of Trinity, Florida, takes the prize for Best Dress and Chidinma Onwuliri of Mississauga, Ontario, wins Best Tux.
Vaughn caught the public's eye with her Yin and Yang-inspired dress, while Onwuliri stood out from the crowd with her pink tux featuring an oversized back bow. While all of the Duck Tape® entries were stunning, the two crafty students ultimately captured the most votes thanks to their incredible self-expression and style. Vaughn and Onwuliri each will be awarded $10,000 cash college scholarships to help jumpstart their future paths.
"Each of our contestants had a special story to tell this year, from hoping to empower others with their designs to pushing their artistic abilities to the limit, and they should all be very proud of their Duck Tape® looks," said Ashley Luke, senior product manager at Shurtape Technologies, LLC, the company that markets the Duck® brand. "We congratulate Grace, Chidinma and all of our participants for making masterpieces that show the world what can be achieved with some creativity and originality."
Learn more about this year's winners and their standout Duck Tape® promwear:
Vaughn spent 143 hours designing her dress with 45 Duck Tape® rolls. Inspired by the Yin and Yang symbol, the opposing black and white sides to her dress represent the helpful habits, such as yoga and meditation, she incorporates into her life to achieve balance while living with an auditory processing disability.
"Ever since I was young, I have loved the idea of showing who we are on the inside with what we wear on the outside," Vaughn said of her design. "Clothing has the ability to transform how we feel and also influence how we make others feel. I have always aspired to pursue a career in fashion and hope this can be the start of something big."
Onwuliri spent 30 hours and used 12 Duck Tape® rolls to craft her pink suit. Growing up with an older brother, Onwuliri naturally became a tomboy, but for her entry she wanted to showcase the beauty masculinity and femininity have when combined together.
"I couldn't leave my spontaneous tomboy side out of my piece, so I decided to make a suit instead of a dress," Onwuliri said of her design. "I am truly happy for the opportunity to present this piece to the world as well as the message I wish to share through it."
In addition to Vaughn and Onwuliri, eight runners-up each will receive $500 scholarships and Duck® brand prize packs worth $100. These finalists include: Elise Villarreal of Mattawan, Michigan; Elizabeth Delli of Highland Park, Illinois; Avalon Hagerman of Waterloo, Ontario; Mady Bischoff of Temperance, Michigan; Nathan Elias of San Antonio, Texas; Adrienne Flowers of Gulf Breeze, Florida; Kaleb Burch of New Braunfels, Texas; and Colten Nichols of Van Buren, Arkansas.
Learn more about the 22nd Annual Duck® brand Stuck at Prom® Scholarship Contest at StuckAtProm.com. For more information on Duck Tape® and to get inspired with craft ideas and instructions, visit DuckBrand.com.
An American original, Duck Tape® brand duct tape is the fix-all to help with everyday repairs, projects or crafts. Duck Tape® offers a vast array of innovative, forward-thinking solutions that help everyone – from makers and creators to do-it-yourselfers and professionals – bring their ideas to life. The brand sets trends with its wide variety of colors and designs, inspires creativity and leads the way in DIY or jobsite projects, crafting, and more, by providing the tools consumers need to make or repair anything. Duck Tape® brand is marketed by Shurtape Technologies, LLC, an industry-leading manufacturer of adhesive tape and consumer home and office products, with facilities worldwide.
Visit DuckBrand.com for additional product information as well as DuckTapeMaker.com for a source of everyday inspiration, imagination and creativity. Keep up-to-date on Duck® brand news by joining our nearly 5 million fans on Facebook® (Facebook.com/DuckTape and Facebook.com/TheDuckBrand), following us on Twitter® (@TheDuckBrand) and Instagram (@TheDuckBrand), following our boards on Pinterest® (Pinterest.com/TheDuckBrand) and watching us on YouTube® (YouTube.com/TheDuckBrand).
SHURTAPE TECHNOLOGIES, LLC
Based in Hickory, N.C., Shurtape Technologies, LLC, is an industry-leading manufacturer and marketer of adhesive tape and consumer home and office products, with facilities in the United States, United Kingdom, Germany, Mexico, Peru, United Arab Emirates, China and Australia. Together, our subsidiaries serve numerous markets, including industrial/MRO, building and construction, packaging, electrical, stucco, HVAC, professional paint, automotive, marine, aerospace, arts and entertainment, graphic arts, sound control, medical, DIY, home and office, and retail. In addition to specialty adhesive solutions, Shurtape Technologies offers products under recognizable brand names such as Duck®, FrogTape®, T-Rex®, Painter's Mate®, Shurtape® and Kip®. Learn more at ShurtapeTech.com.
Facebook® is a registered trademark of Facebook, Inc.
Twitter® is a registered trademark of Twitter, Inc.
Instagram is a registered trademark of Instagram, LLC.
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https://www.mysuncoast.com/prnewswire/2022/07/20/duck-brand-crowns-grand-prize-winners-22nd-annual-stuck-prom-scholarship-contest/
| 2022-07-20T18:22:07Z
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MIDLAND, Mich., Aug. 31, 2022 /PRNewswire/ -- Dow (NYSE: DOW) has been named one of the 2022 PEOPLE Companies that Care by Great Place to Work® and PEOPLE, ranking 92 on the list of 100 companies, marking the third consecutive year the Company has earned a spot on this prestigious list.
The Companies that Care award is based on more than 1 million employee survey responses and data from companies representing more than 6.1 million U.S. employees and is highly competitive. Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they are a Great Place to Work-Certified™ organization.
"Receiving this award for a third straight year is inspiring and humbling, as there is no better single measure of how we are treating our colleagues than direct feedback from them," said Jim Fitterling, Dow's chairman and CEO. "We can only be our best as a company when our people are at their absolute best. We remain committed to creating the best possible working environment for our team."
Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they create a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.
"Team Dow continues to passionately and purposefully care for each other and the world around us," said Karen S. Carter, Dow's chief Human Resources officer and chief Inclusion officer. "Care is not just a workplace standard, but it is a way of business and a way of life for us."
During the last year, Dow's caring culture allowed the Company to adapt and respond to change and uncertainty with increased employee engagement, faster decision making and enhanced innovation. Dow modernized its Total Rewards offerings, continued to address systemic racism through Dow ACTs, supported colleagues through the ongoing pandemic and further invested in the safety and sustainability of our communities.
"Caring isn't about being 'nice,'" says Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work. "It's about understanding the real needs of your people, of your community and of the world—and showing up in ways that make a meaningful impact. These companies make that kind of caring for people, and even the environment, part of their daily fabric."
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
Great Place to Work selected the PEOPLE Companies that Care by gathering and analyzing over 1 million confidential survey responses and data from companies representing more than 6.1 million U.S. employees at Great Place to Work-Certified™ organizations. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index™ survey. Read the full methodology.
To get on this list next year, start here.
Great Place to Work is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Its employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything it does is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
For further information, please contact:
Kyle Bandlow
+1.989.638.2417
kbandlow@dow.com
Twitter: https://twitter.com/DowNewsroom
Facebook: https://www.facebook.com/dow/
LinkedIn: http://www.linkedin.com/company/dow-chemical
Instagram: http://instagram.com/dow_official
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SOURCE The Dow Chemical Company
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https://www.wibw.com/prnewswire/2022/08/31/dow-named-among-people-companies-that-care-3rd-consecutive-year/
| 2022-08-31T14:58:09Z
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NEW YORK, May 23, 2022 /PRNewswire/ -- Attention Amazon.com, Inc. ("Amazon") (NASDAQ: AMZN) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 1, 2019 and April 5, 2022.
If you suffered a loss on your investment in Amazon, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/amazon-com-inc-loss-submission-form?prid=27519&wire=4
ABOUT THE ACTION: The class action against Amazon includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
DEADLINE: July 5, 2022
Aggrieved Amazon investors only have until July 5, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
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https://www.mysuncoast.com/prnewswire/2022/05/23/class-action-alert-law-offices-vincent-wong-remind-amazon-investors-lead-plaintiff-deadline-july-5-2022/
| 2022-05-23T10:49:39Z
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LUND, Sweden, Sept. 13, 2022 /PRNewswire/ -- Alfa Laval has acquired BunkerMetric, a Scandinavian software company that develops advanced decision support tools for marine bunker vessels. The acquisition is part of Alfa Laval's strategy to expand its digital marine service offering and will be part of the recently acquired StormGeo, a global leader in weather intelligence software and decision support services.
BunkerMetric, headquartered in Denmark, supports ship operators in finding the best bunker procurement plan and improving voyage margins by using sophisticated algorithms. The optimization tools, together with StormGeo's advanced route services, will enable ship owners to streamline operations to help them improve their bottom line. BunkerMetric's procurement optimization tool will become a subscription service within StormGeo's existing offering.
This is Alfa Laval
Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.
Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.
Alfa Laval has 17,900 employees. Annual sales in 2021 were SEK 40.9 billion (approx. EUR 4 billion). The company is listed on Nasdaq Stockholm.
For more information please contact:
Johan Lundin
Head of Investor Relations
Alfa Laval
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90
Eva Schiller
PR Manager
Alfa Laval
Tel: + 46 46 36 71 01
Mobile: +46 709 38 71 01
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https://www.kxii.com/prnewswire/2022/09/13/alfa-laval-has-acquired-bunkermetric/
| 2022-09-13T08:01:10Z
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AP source: DOJ denies panel details in Trump records probe
WASHINGTON (AP) — The Justice Department declined a request this week from the House oversight committee to disclose the contents of records that former President Donald Trump took to his Florida residence after leaving the White House, according to a person familiar with the matter.
The move could serve as a setback for Democrats on the House Committee on Oversight and Reform as it was ramping up its investigation into Trump’s handling of sensitive and even classified information during his time as president and after he left the White House. It remains unclear what implications the decision could have for the panel’s probe, which was announced in March.
The Justice Department’s decision is part of an effort to protect confidential information that may compromise an ongoing investigation, according to the person, who was not authorized to discuss the matter by name and spoke to The Associated Press on condition of anonymity. The development was first reported Tuesday by The Washington Post.
The National Archives had referred the matter of Trump’s handling of those records to the Justice Department earlier this year. Because of that, the DOJ is asking the National Archives not to share information related directly to it, including the contents of the 15 boxes that Trump took to his Mar-a-Lago residence.
The notice to the committee comes days after its chair, Rep. Carolyn Maloney, D-N.Y., accused the Justice Department of “obstructing” the panel’s expanded investigation by preventing the release of information from the National Archives.
The Justice Department has not formally announced it is investigating Trump’s handling of the records, but letters between the committee and the department seem to indicate that investigators are taking steps toward it.
A spokesperson for the Justice Department declined a request for comment Tuesday.
In addition, the FBI has taken steps to begin examining the potential mishandling of classified information related to the documents in the boxes, according to two other people familiar with the investigation who were not authorized to discuss it by name and spoke to the AP on condition of anonymity. It wasn’t clear exactly what work investigators had done so far or what additional steps they were planning to take.
In a letter to the National Archives last month, Maloney made a series of requests for information she said the committee needs to determine if Trump violated federal records laws over his handling of sensitive and even classified information. In response, the general counsel for the archivist wrote on March 28 that “based on our consultation with the Department of Justice, we are unable to provide any comment.”
___
Associated Press writers Michael Balsamo and Eric Tucker in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/04/13/ap-source-doj-denies-panel-details-trump-records-probe/
| 2022-04-13T00:14:10Z
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https://www.albanyherald.com/features/wea-pix/article_68833108-2b02-11ed-a065-5fb45cb3ea9f.html
| 2022-09-04T12:10:32Z
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- Working with PocketHealth empowers Habersham's 80,000 patients to access all medical imaging and reports easily and securely on any device and share with healthcare providers, caregivers or others involved in their healthcare journey.
- Habersham now on the path to eliminate outdated, non-secure CD-ROMS as the technology to share medical imaging with patients and other providers
- PocketHealth works seamlessly with existing Habersham infrastructure, allowing physicians and other healthcare providers to view patient imaging instantly, in full diagnostic quality, or import images into local PACS without additional software or account setup
DEMOREST, Ga., June 17, 2022 /PRNewswire/ - Habersham Medical Center (HMC) today announced that it will engage PocketHealth to help make it much easier for the hospital's 80,000 patients to access, share and store their medical imaging and reports securely on any device, enabling them to be more informed and active in their own healthcare journeys.
Patients will no longer need to travel to the healthcare facility to collect a CD-ROM of their records and transport it to their next appointment or hope that their critical health information makes it safely to their primary care physician. With PocketHealth, HMC's patients will be able to actively engage in their own healthcare journey by accessing and sharing their imaging reports with their physicians, caregivers, or family members from any device, anywhere in the world.
Physicians and other healthcare professionals who share and receive diagnostic images with Habersham will be able to work within the medical center's existing infrastructure and won't need to worry about additional software or account setup. They will be able to view patient imaging instantly in full diagnostic quality or import those images into their local PACS for diagnosis.
"We are very excited to make the healthcare experience much easier than it has been for patients at Habersham Medical Center, and in implementing PocketHealth at our hospital, we are equipping patients to be participants in their own medical journey," said Tyler Williams, President, and CEO of Habersham Medical Center. "Until now, when medical imaging and reports were shared it required our patients to make unnecessary trips to the site.
PocketHealth equips healthcare providers with the most efficient and effective way to share medical imaging while bringing patients into the center of the process, fueling better outcomes through direct access to diagnostic imaging and reports. Patients can now request all of their imaging records from HMC on the PocketHealth website and gain better insights into their reports with PocketHealth's Report Reader functionality, which breaks down and defines complex medical terms found within radiology reports.
"Diagnostic Imaging is essential to understanding a treatment course or for soliciting second opinions and can often be the spark for a long-term care journey," said Rishi Nayyar, co-founder and CEO, PocketHealth. "PocketHealth is thrilled to work with Habersham Medical Center to make it easy for patients and care providers to move through an image-based journey without the unnecessary frustration that often comes with records release and CD-ROM hardware."
Habersham Medical Center is focused on serving its communities by providing high quality healthcare to its patients and clinical partnerships. The Center conducts approximately 125,000 imaging exams each year.
PocketHealth is the world's first patient-centric image sharing platform. With PocketHealth, patients can instantly access, share and take ownership over their own medical imaging and records - anytime, anywhere, and with anyone. PocketHealth also enables direct sharing between hospitals and physicians, as well as instant DICOM retrieval and automated importing capability, creating a unified image management solution for more than 600 hospitals and imaging clinics across North America. PocketHealth believes that by placing patients at the center of their care journey, records move more ethically, easily and securely throughout the healthcare system. Learn more at pockethealth.com.
Serving over 80,000 residents across northeast Georgia, Habersham Medical Center (HMC) is a 53 licensed-bed, acute care hospital delivering exceptional care and service. As a substantial economic partner for Habersham County, HMC operates three physician practices, a comprehensive rehabilitation program, an 84 licensed-bed, skilled nursing home and the area's only hospital-based, home health service. Learn more at www.habershammedical.com.
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https://www.mysuncoast.com/prnewswire/2022/06/17/habersham-medical-center-first-hospital-georgia-adopt-digital-diagnostic-image-sharing-platform-pockethealth/
| 2022-06-17T11:33:30Z
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Golden Retriever Saved During Lucky Trip to Toronto
MINNEAPOLIS, Aug. 17, 2022 /PRNewswire/ -- Sometimes, it is just good to be lucky. When Melissa Martin decided to take her Golden Retriever puppy Subaru with her on a trip to the "big city," she had no idea it would save the dog's life. Martin breeds Golden Retrievers at her home in Dobbinton, Ontario, Canada, which is a three-hour drive from Toronto. While delivering one of her new puppies to its forever home, Martin decided to take Subaru along for the ride.
"It was a disaster," Martin said, who has been a dog groomer for 13 years and worked at a veterinary clinic. "I was dropping off a puppy in Toronto, and left Subaru in the front seat of the vehicle. Normally I keep her in the back in a crate with the other dogs, but I wanted the company. When I came back from delivering the puppy, I found that Subaru had dug out a 300-count bag of apricot kernels I keep in the console." Martin eats two to seven kernels a day as a supplement."
While many people enjoy eating apricot kernels, which are the seeds found inside the hard pit, they can be dangerous to pets. The seeds, leaves and stems of the apricot tree contain cyanide. According to the toxicology experts at Pet Poison Helpline, this toxin inhibits proper function of cytochrome oxidase, an enzyme necessary for cellular oxygen transport, preventing oxygen from being released from red blood cells and being delivered to cells. When ingested in toxic amounts, the clinical signs of vomiting, ataxia, difficulty breathing, panting, bright red gums, arrhythmias, blood pressure changes, seizures, shock and death can be seen. There may also be a bitter almond smell to the breath.
"I vividly remember her and I making eye contact," Martin continued. "I could tell she was looking suspicious. That is when I saw the bag, and I remembered that apricots have traces of cyanide. My first instinct was to drive to the drug store to get some hydrogen peroxide to cause her to bring up what she had eaten, but I quickly realized it was too late for that option. Because of my background working with pets, I know there are certain signs that need immediate medical attention. Subaru went from no signs to her eyes rolling into the back of her head and panting. I've never seen signs progress so quickly."
"We live three hours away from Toronto, and an hour and a half away from our nearest veterinarian," Martin said. "If this had happened at home, she wouldn't have survived. The neurological signs were so fast that I knew she had minutes, not hours. My panic level went from zero to ten instantly, but luckily, we were only 15 minutes away from Toronto Veterinary Emergency Hospital, one of the best emergency facilities in the area. Because of Covid restrictions, it has been difficult to get your pet in to see the veterinarian, but I called ahead, described her symptoms and told them they needed to see her immediately. It was literally a matter of life and death."
"On the way to the hospital Subaru began to vomit," Martin continued. "I'm driving with one hand, trying to use GPS, and holding her head down with the other so she wouldn't re-ingest any of the chewed kernels. When we got to the hospital, they were ready for us."
"Subaru was lucky that her owner quickly recognized how dangerous her clinical signs were and took immediate action," said Dr. Renee Schmid, a senior veterinary toxicologist at Pet Poison Helpline. "Due to the number of apricot kernels ingested and severe signs observed there was a true concern for cyanide poisoning." Once at the hospital, the medical team began providing intravenous fluids, supportive care and performed a gastric lavage to help remove any remaining kernels. Because they were returned so quickly after ingestion it reduced further progression of Subaru's clinical signs. In cases of severe cyanide poisoning, death can occur within a matter of minutes. While antidotes are available, they are often not readily available for veterinarians due to the rare occurrence of cyanide poisoning in animals. Varying amounts of cyanide is present in the seeds of Prunus sp. fruit including peaches, apricots, cherries as well as apple seeds. Certain plants also contain cyanide toxins that may be a concern, particularly in grazing animals. In general, for cyanide poisoning to occur, an animal needs to chew open, crush and ingest many cyanide-containing seeds before signs of poisoning would be expected, as just a few seeds would unlikely contain enough cyanide for concern. It is common for animals to ingest the pits/seeds whole, which is unlikely to result in poisoning, but may result in a gastrointestinal foreign body or obstruction concern."
"Subaru has made a full recovery, and I'm so grateful to the hospital team, as well as Pet Poison Helpline," Martin added. "It is important for people to understand when symptoms are critical and who to call."
Pet Poison Helpline created Toxin Tails to educate the veterinary community and pet lovers on the many types of poisoning dangers facing pets, both in and out of the home. All the pets highlighted in Toxin Tails have been successfully treated for the poisoning and fully recovered.
Pet Poison Helpline, your trusted source for toxicology and pet health advice in times of potential emergency, is available 24 hours, seven days a week for pet owners and veterinary professionals who require assistance treating a potentially poisoned pet. We are an independent, nationally recognized animal poison control center triple licensed by the Boards of Veterinary Medicine, Medicine and Pharmacy providing unmatched professional leadership and expertise. Our veterinarians and board-certified toxicologists provide treatment advice for poisoning cases of all species, including dogs, cats, birds, small mammals, large animals and exotic species. As the most cost-effective option for animal poison control care, Pet Poison Helpline's fee of $75 per incident includes follow-up consultations for the duration of the case. Based in Minneapolis, Pet Poison Helpline is available in North America by calling 800-213-6680. Additional information can be found online at www.petpoisonhelpline.com.
Contact: Dr. Renee Schmid
Pet Poison Helpline
(952) 806-3803
RSchmid@petpoisonhelpline.com
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| 2022-08-17T15:18:12Z
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More Black NFL retirees win dementia cases in rescored tests
PHILADELPHIA (AP) — Hundreds of Black NFL retirees denied payouts in the $1 billion concussion settlement now qualify for awards after their tests were rescored to eliminate racial bias.
Changes to the settlement made last year are meant to make the tests race-blind. The use of “race norming” in the dementia testing made it more difficult for Blacks to prove they had the kind of cognitive decline that qualifies retired players for awards that average $500,000 or more.
Nearly 650 men have had their dementia tests automatically rescored, according to a report released Friday by the law firm handling claims against the NFL. The retirees had met the other criteria for a successful claim, which includes hours of validity testing to show that their daily lives are significantly impaired and that they are not malingering.
Fifty-one now qualify for moderate to advanced dementia awards, which vary based on condition and years of play. Nearly 250 show signs of early dementia and will received up to $35,000 in enhanced medical testing and treatment. All of them initially failed to qualify because of the race-norming issues in testing.
The new test results will add millions to the NFL’s total payouts.
Thousands of other Black retirees can meanwhile seek new testing to see whether they qualify under the revised scoring formula. But advocates for the former players fear that many don’t know that, especially if they deal with memory issues and live alone.
“Men who are homeless, men who originally signed up but their cognitive function changed, men who are divorced or isolated — we are going to go looking for them,” said Amy Lewis, who along with her husband, retired Washington player Ken Jenkins, petitioned the judge overseeing the case and the Justice Department’s Civil Rights Division to address the race-norming issue.
The couple, once critical of class counsel Chris Seeger for his response to the issue, now work with him to get the word out.
At the end of the day, Lewis said, she doesn’t care whether she’s “inside the tent, outside the tent,” as long as more men get help navigating the claims process. Many cases drag on for years.
An NFL spokesman did not immediately return a phone call Friday morning or respond to email messages sent in recent weeks seeking comment on the rescoring.
Seeger — lead lawyer for the nearly 20,000 retired players, who negotiated the settlement with the NFL — has apologized for initially failing to see the scope of the racial bias. He vowed in a recent interview to “make sure the NFL pays every nickel they should.”
The league’s tally just passed $1 billion in approved claims. However, appeals and audits mean the actual payouts lag behind that number — and now stand at about $916 million. They include awards for four other compensable diagnoses: Alzheimer’s disease, Parkinson’s disease, Lou Gehrig’s disease and deaths before April 2015 involving CTE, or chronic traumatic encephalopathy.
As reviewers tackle the thornier dementia claims, the process has slowed down and the NFL appeals intensified. Today, nearly four in 10 dementia claims are audited by the claims administrator, Richmond-based BrownGreer — even after program doctors and expert panels weigh in.
“Their mantra is deny, deny, delay until you die,” said James Pruitt, 58, a wide receiver who played for Indianapolis and Miami from 1986 to 1991.
After his NFL retirement, Pruitt became a teacher and middle school principal in Palm Beach County, Florida. But in 2010, in his mid-40s, the district asked him to step down. He could no longer perform his duties.
Over time, he stopped calling on friends from his playing days.
“I don’t get out, and I don’t remember a lot of things. I’ve been told that I repeat things,” he said. “So I’m kind of embarrassed by the whole situation.”
After the settlement was approved in 2015, he and his wife attended meetings with the lawyers who traveled the country to sell the plan to retired players groups.
“We were told … this was going to be a very easy process, you just need to go to the doctors, get a qualifying diagnosis from them,” said Traci Pruitt, 42. “Yet here we are six years later, and we’re still getting the runaround.”
The couple was twice been approved by doctors only to have the decision overturned — once after their first doctor was removed from the program. Their lawyer believes they’ll be successful on their third try, under the race-neutral scoring formula. They’re still waiting to hear.
Traci Pruitt, an accountant who works from home, said an award would ensure she gets the help she needs to care for her husband: “While I love him, I don’t necessarily have that background and skill set.”
The fact that the testing algorithm adjusted scores by race — as a rough proxy for someone’s socioeconomic background — went unnoticed for several years until lawyers for former Pittsburgh Steelers Kevin Henry and Najeh Davenport exposed it in a 2020 lawsuit. The formula had been adopted from one used in medicine to help diagnose dementia — but was never intended to be used to determine payouts in a legal awards.
Seeger said he believes the claims process is picking up steam after a slow start.
“I know folks have said they weren’t moving that well for awhile. I think we’ve won some appellate battles with the courts,” Seeger said. “I don’t think the NFL expected to pay $1 billion — and we’re about to cross $1 billion.”
___ Follow AP Legal Affairs Writer Maryclaire Dale on Twitter at https://twitter.com/Maryclairedale.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/08/12/more-black-nfl-retirees-win-dementia-cases-rescored-tests/
| 2022-08-12T15:19:47Z
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IRVINE, Calif., June 6, 2022 /PRNewswire/ --ATIF Holdings Limited (Nasdaq: ATIF, the "Company," "ATIF" or "We"), a holding company providing business and financial consulting services in Asia and North America, is pleased to announce that it has signed a definitive agreement to provide IPO advisory services to Armstrong Logistic Inc. ("Armstrong Logistic Inc"), a specialized provider of warehouse distribution, 3PL fulfillment, and multi-channel fulfillment services.
Under the terms of the agreement, the Company will receive a certain number of equity stake in Armstrong Logistic Inc and lead the IPO process by utilizing internal staff and engaging third parties in auditing, valuation, stock exchange consulting, investor relations, and other IPO services.
About Armstrong Logistic Inc:
- Leading international intelligent warehouse logistics service provider, including warehouse distribution, 3PL fulfillment, and multi-channel fulfillment services that serve the Port of Los Angeles, San Diego, LAX, and all major access routes to and from Southern California
- Multi–channel capabilities Logistics and warehousing across three facilities throughout the United States (City of Industry, CA, Houston, TX, Florence, NJ), with 1,500,000 sq ft of space with plans for further expansion
- Maintains its own logistics company, customs clearance company, and freight trucking company, providing customers a one-stop-shop solution
- Realized substantial international growth in recent years, fueled by an increased presence in strategic markets together with international partnerships, and a strong focus on innovation and state-of-the-art warehousing capabilities
- Blue chip customer base, including Samyang America, Inc. and Pilot Automotive Inc.
- Respected partners of the United States Postal Service, UPS, FedEx, DHL Express, Estes Express Lines, and other leading shipping companies
- Joined the esteemed Top 3PL Provider list in 2020, compiled by Multichannel Merchant, and is a Fulfillment By Amazon (FBA) partner
- Multi-Channel Fulfillment (MCF) service integrates with Amazon, Ebay, FedEx, Jet, Groupon, Shopify, Walmart, Wayfair, Woo Commerce, and other leading platforms, supporting 96% online e-commerce platform fulfillment
Why it matters:
- Armstrong Logistic Inc has delivered strong financial growth, unaudited revenue increased 956.5% from FY 2020 to FY 2021
- According to data from Statista, in the past 10 years, the 3PL market revenue has doubled over the last 10 years, increasing from $127.5 billion to $260.2 billion from 2010 to 2021, growing at a CAGR of 2.8%
- According to MDC Research, the global 3PL market is expected to reach $2,275.6 billion at a CAGR of 8.9% by 2030
- A growing number of enterprises are showing higher reliance towards outsourcing various logistics functions including transportation, warehousing, and distribution, thus fueling growth in the 3PL market.
- 3PL enables enterprises to gain access to established resource networks and industry expertise, benefitting from optimal cargo turnover, distribution efficiency, superior inventory management, reduced inventory and overall cost economies
Jun Liu, President, Chairman of the Board, and CEO of ATIF, stated, "We are excited to have been engaged by Armstrong Logistic Inc in their pursuit of a public listing that will be a major catalyst for their continued growth. Armstrong Logistic Inc has build an impressive distribution network that spans across the United States, and is a reliable partner across the supply chain. Armstrong Logistic Inc takes a sophisticated approach towards optimizing the entire supply chain management spectrum, including warehouse distribution, 3PL fulfillment, and multi-channel fulfillment, to the benefit of its customers and partners. A public listing will provide greater opportunities in expanding its reach, bolstering its employee base, and enhancing their capabilities to meet the challenges faced in the global supply chain."
Jacky Chen, CEO of Armstrong Logistic Inc, commented, "We are happy to take this important step in pursuing a public listing of our common stock. Through primarily organic growth, we've been able to expand and strengthen our core capabilities, which has allowed us to serve a more diverse set of customers and end markets. Our vision is to be a global leader of supply chain solutions, while bringing a real value proposition to our customers. We look forward to having Mr. Liu and the team at ATIF help Armstrong Logistic Inc navigate the complex process of becoming a public company."
About ATIF Holdings Limited
ATIF Holdings Limited ("ATIF") is a holding group with business consulting, asset management, and investment businesses, with offices in Los Angeles, California, Hong Kong, and Shenzhen, China. ATIF mainly provides IPO Advisory Services to small and medium-sized enterprises in Asia and North America. ATIF has advised several enterprises in China in their plans to become publicly listed in the United States. ATIF was awarded the "Top 10 Best Listed Companies 2019" from the "Golden Bauhinia Award," the highest award in Hong Kong's financial and securities industry. For more information, please visit https://ir.atifchina.com/.
To learn more about IPOEX, our financial services platform, please visit: https://www.ipoex.com/
For more information about NFTDPO, our NFT service division, please visit https://nftdpo.com/.
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Forward-Looking Statements
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantee of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: future financial and operating results, including revenues, income, expenditures, cash balances and other financial items; ability to manage growth and expansion; current and future economic and political conditions; ability to compete in an industry with low barriers to entry; ability to obtain additional financing in the future to fund capital expenditures; ability to attract new clients, complete projects for clients, and further enhance brand recognition; ability to hire and retain qualified management personnel and key employees; trends and competition in the financial consulting services industry; a pandemic or epidemic; the occurrence of any event, change or other circumstances that could affect the Company's ability to continue successful development and launch of its NFT collection; the possibility that the Company may not succeed in developing its NFT platform and business due to, among other things, changes in the business environment, competition, changes in governmental regulation, or other economic and policy factors; the ability of the Company to continue compliance with the development of applicable regulatory regulations in connection with blockchain, digital assets and the NFT industry; the possibility that the Company's ongoing NFT services may be adversely affected by other economic, business, and/or competitive factors; and other factors listed in the Company's annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the anticipated results expressed or implied by the forward-looking statements we make. You should not rely upon forward-looking statements as predictions of future events. Forward-looking statements represent our management's beliefs and assumptions only as of the date such statements are made. These forward-looking statements are made as of the date of this news release.
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https://www.kxii.com/prnewswire/2022/06/06/atif-holdings-signs-definitive-agreement-with-armstrong-logistic-inc-leading-freight-forwarding-logistics-company-us/
| 2022-06-06T12:51:33Z
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- FootPrint Coalition invests in Motif and its work on the next generation of plant-based foods
- Motif to offer alternative beef, pork and chicken products for foodservice providers, distributors, and retailers with private labels
BOSTON, May 18, 2022 /PRNewswire/ -- Motif FoodWorks, the Boston-based food technology company making plant-based food better tasting and more nutritious, today announced an investment by Robert Downey Jr.'s FootPrint Coalition Ventures. Along with the investment, the companies will partner on the development of new-to-the-world plant-based food forms.
Separately, Motif also unveiled an expanded product portfolio—in addition to its food technologies—for foodservice providers, distributors, and retailers with private labels. The new products include finished alternative beef, pork and chicken formats that feature its breakthrough food-technologies HEMAMI™ and APPETEX™.
FootPrint Coalition's investment in Motif comes as the plant-based food category continues to grow. In 2021 alone, U.S. retail plant-based food sales grew three times faster than total food sales to $7.4 billion¹. And investments in the category reached a record of $5 billion, up 60% from 2020².
Motif's approach as a different kind of food technology company—reinventing the way science and the culinary arts are applied to make plant-based foods better tasting, more nutritious and sustainable—is what caught the celebrity investor's and FootPrint Coalition's attention.
"If plant-based foods are going to make a real impact on sustainability, we need an approach that's both delicious and nutritious," said Robert Downey Jr., founder of FootPrint Coalition Ventures. "By focusing on both better tasting and healthier options, Motif is not only making a difference in products today, but reimagining the future of tomorrow's plant-based foods."
In addition to the investment in Motif, the two parties will work together to shape the next wave of innovation in plant-based foods. This includes moving beyond animal mimicry to create new product categories that provide consumers with healthier, better tasting plant-based options.
"Whether on the store shelf or a menu, we're focused on making our customer's plant-based foods so desirable that people actually crave them," said Jonathan McIntyre, CEO of Motif FoodWorks. "We couldn't be more excited to have Robert and FootPrint Coalition on board as an investor and a partner in our work to grow the category."
The FootPrint Coalition investment comes as Motif continues to expand its product portfolio. Motif also announced the availability of three finished products for foodservice providers, distributors, and retailers with private labels, providing a range of options for any menu or product line.
The products include alternative beef, pork and chicken options featuring Motif's breakthrough food technologies—HEMAMI™ and APPETEX™—that provide rich meaty flavor and texture. Called "Motif MoBeef™," "Motif MoPork™" and "Motif MoChicken™," Motif MoBeef™ Plant-Based Burger Patties are available now. Motif MoBeef™ Plant-Based Ground and Motif MoPork™ will arrive later this year. And Motif MoChicken™ will be available in 2023.
Using its holistic food design expertise, Motif originally created alternative burgers and sausages to showcase the performance of its food technologies. Due to an overwhelmingly positive reception—both with consumers and restaurant customers—Motif decided to offer its finished formats to foodservice operators, distributors, and retailers with private labels.
"With our Motif MoBeef™, Motif MoPork™ and Motif MoChicken™ options, chefs, retailers and distributors can offer the absolute best plant-based experience, with umami, mouthwatering flavor and a meaty bite that consumers have been asking for from products in the category," said McIntyre.
Motif will showcase its Motif MoBeef™ Plant-Based Burger Patties and Ground at the upcoming National Restaurant Association Show in Chicago May 21-24. For a chance to take a bite out of the future of plant-based foods, stop by booth #9724, or Flavor Foray's Championship BBQ and Cook-off on the evening of May 22 for a special dish—featuring Motif MoBeef™ Plant-Based Ground—created by vegan Chef Chloe Coscarelli.
Motif FoodWorks makes plant-based foods so desirable that people actually crave them. Motif provides companies with a range of food technologies and finished food forms, from solutions for meat and dairy alternatives to experiences that inspire new categories. By pioneering breakthrough approaches to food science and the culinary arts, Motif is pushing the boundaries of what's possible in plant-based foods – delivering innovations for taste, texture and nutrition that benefit people and the planet. For more information, visit www.madewithmotif.com.
Founded by Robert Downey Jr, Steve Levin, and Jonathan Schulhof, FootPrint Coalition Ventures is bringing individuals access to the venture backed companies creating the next generation of climate friendly power, food, transportation, fashion, and homes. The firm uses media and storytelling to accelerate the adoption of the products and services addressing our climate crisis. Find out more at www.footprintcoalition.com/investments.
Media Contacts
Julia Dacri
Motif FoodWorks
Jdacri@motiffoodworks.com
¹ Source: SPINS – Total MULO + Natural Enhanced L12W Ending Jan 23, 2022
² GFI State of the Industry reports; April 2022
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https://www.wibw.com/prnewswire/2022/05/18/robert-downey-jrs-footprint-coalition-ventures-joins-motif-foodworks-its-effort-reimagine-plant-based-foods/
| 2022-05-18T14:13:37Z
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HONOLULU, June 22, 2022 /PRNewswire/ -- The Board of Directors of Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today declared a third quarter dividend of $0.31 per common share. The dividend represents a one-cent, or 3.3%, increase over the previous quarter's dividend and will be paid on September 1, 2022 to all shareholders of record as of the close of business on August 4, 2022.
"This announcement marks the tenth consecutive annual increase to Matson's quarterly dividend, underscoring our Board's confidence in our long-term free cash flow growth," said Matt Cox, Matson's Chairman and Chief Executive Officer. "We are disciplined in our approach to capital allocation and are committed to the return of excess capital to shareholders after funding our dividend, supporting our operations with maintenance capital, and investing in organic and inorganic growth opportunities, while maintaining an investment grade balance sheet."
Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout North America. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska. Additional information about the Company is available at www.matson.com.
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https://www.mysuncoast.com/prnewswire/2022/06/22/matson-increases-quarterly-dividend-031-per-share/
| 2022-06-22T23:04:37Z
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Announcement will feature victim's mother, attorneys and Rev. William Barber
CONCORD, N.C., Aug. 8, 2022 /PRNewswire/ -- Virginia Tayara, whose son Brandon Combs was shot and killed by Concord Police Department (CPD) on February 13, will join her attorneys and Repairers of the Breach president Rev. William Barber, for an important announcement tomorrow.
The announcement will be held tomorrow, August 9, at 11:00 AM in front of the federal courthouse in Charlotte, NC (401 West Trade Street). Tayara is represented by Chimeaka White (The White Law Firm) Harry Daniels (The Law Offices of Harry Daniels) and Chance Lynch (Lynch Law). William J. Barber II is an American Protestant minister and social activist. In addition to serving as the president and senior lecturer at Repairers of the Breach, he is also co-chair of the Poor People's Campaign: A National Call for Moral Revival.
Combs' death was ruled a homicide according to documents released earlier this month. Video of the incident, which the CPD still refuses to release publicly, shows Larson firing five rounds at Combs, pausing briefly to report that shots had been fired at the scene, then shooting combs again. While a CPD news release following the shooting claimed a "physical altercation" between Larson and Combs, the video shows that no physical altercation took place.
WHO
Virginia Tayara
Attorney Chimeaka White
Attorney Harry Daniels
Attorney Chance Lynch
Rev. William Barber
WHEN
11:00 AM on Tuesday, August 9, 2022
WHERE
In front of the Federal Courthouse
401 West Trade Street, Charlotte, NC
Tuesday's news conference will begin promptly at 11:00 AM. Media are asked to arrive no later than 10:45 AM.
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SOURCE The Law Offices of Harry M. Daniels LLC
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https://www.mysuncoast.com/prnewswire/2022/08/08/important-announcement-concord-police-shooting-tomorrow/
| 2022-08-09T01:24:41Z
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By teaching and measuring these 16 skills, employers enhance the employee experience and manage business outcomes like productivity and attrition.
SAN FRANCISCO, Sept. 14, 2022 /PRNewswire/ -- Emtrain, which provides eLearning and predictive analytics for the workplace, announced today a new skill building framework to help organizations proactively manage their workplace culture and business outcomes. Backed by research and psychometrically validated, Emtrain scores and benchmarks respect, inclusion, belonging, and ethics and recommends microlessons to teach pro-social skills where lacking.
"Our 16-factor model gives employers and managers a heat map of behaviors and predicts attrition and team productivity," said CEO and Founder Janine Yancey.
Emtrain's skill building framework goes beyond traditional approaches that focus on core skills and job skills. Pro-social skills, such as mitigating bias, managing power, and advancing allyship empower HR and diversity initiatives. Microlessons teach pro-social skills and behaviors at scale, building competencies for teams and allowing executives to measure and benchmark their culture and risks throughout the organization.
Cross-industry benchmarking incorporates 90 million perceptions from 2 million employees from over 500 hundred organizations. Individual employer scores can be segmented by gender, age, race, location, and other demographics. Heatmaps help leaders focus on developing skills where they're vulnerable. For the first time ever, organizations can have real time visibility of the social dynamics within their workplace.
"As we embrace a hybrid workplace, leaders are struggling to figure out how to build and maintain high performing teams. Employees no longer have the natural relationships that evolve when working side by side. Hybrid work is forcing organizations to be more deliberate and intentional in how they create inclusion and our pro-social skills model will help them do that," said Emtrain's Chief Innovation Officer Robert Todd.
Emtrain provides eLearning and analytics that measure the impact of social dynamics in the workplace. Emtrain's solutions go beyond compliance to develop inclusion, ethics and respect as professional competencies via video-based training to build skills. Emtrain partners with industry experts and uses current events to develop video-based training content on topics such as sexual harassment, unconscious bias, respect and ethics. In addition, using patent-pending analytics, the company allows companies to benchmark their corporate culture against the global community to identify issues before they become toxic problems that can become compliance issues and destroy workplace culture. Emtrain's platform is used by more than 600 companies including Bed Bath & Beyond, Genentech, LiveNation and more. Recognized by Fast Company on the "World Changing Ideas 2020" list, and named one of the fastest growing companies on the "Inc. 5000 2021" list Emtrain is a VC-backed, woman-owned and women-led company. Learn more at https://www.emtrain.com.
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https://www.wibw.com/prnewswire/2022/09/14/emtrain-announces-new-pro-social-work-skills-framework-create-respect-inclusion-belonging-ethics-workplace/
| 2022-09-14T22:32:20Z
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AMSTERDAM (AP) — The Rolling Stones canceled their concert in Amsterdam on Monday, just hours before it was due to start after lead singer Mick Jagger tested positive for COVID-19.
The band announced the cancelation in a statement, saying the 78-year-old Jagger tested positive “after experiencing symptoms of COVID upon arrival at the stadium” on the outskirts of Amsterdam. There were no further details about his condition.
“The Rolling Stones are deeply sorry for tonight’s postponement, but the safety of the audience, fellow musicians and the touring crew has to take priority,” the statement said, adding that the show would be rescheduled and tickets for the concert at Amsterdam’s Johan Cruyff Arena would be honored for the new date.
Some fans were already in the stadium when it was announced that the show had been scrapped.
The veteran rockers are touring Europe with a show called SIXTY to mark six decades together. Their last show was at Liverpool’s Anfield Stadium on June 9. The next scheduled concert is in Bern, Switzerland, on June 17.
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Follow AP’s pandemic coverage at https://apnews.com/hub/coronavirus-pandemic
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https://cw33.com/health/ap-health/no-satisfaction-jagger-has-covid-rolling-stones-gig-off/
| 2022-06-14T06:56:09Z
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3 shot and killed in Milwaukee following night of violence
Published: May. 15, 2022 at 2:30 PM EDT|Updated: 57 minutes ago
MILWAUKEE (AP) — Milwaukee police are investigating three separate overnight shootings in which a 17-year-old boy and two men in their 20s died.
The shootings late Saturday and early Sunday followed a night of violence in which 21 people were shot and wounded in three other attacks near the Fiserv Forum in downtown Milwaukee as the Bucks took on the Boston Celtics in Game 6 of their NBA playoffs series.
Those shootings led authorities to impose an 11 p.m. curfew on Saturday and Sunday and led the Bucks to cancel a fan watch party for Sunday afternoon’s decisive Game 7.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/05/15/3-shot-killed-milwaukee-following-night-violence/
| 2022-05-15T19:28:24Z
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Greenhouse Director of Talent Acquisition, Ariana Moon, speaks with recruiting leaders from OneTrust, Fastly, Coursera, VaynerX and more, about what drives their passion for hiring
NEW YORK, May 25, 2022 /PRNewswire/ -- Greenhouse, the hiring software company, today released a new limited series podcast in its Hiring For What's Next show, "What's your why?." This podcast celebrates recruiters' tireless efforts and outsized impact. Hosted by Ariana Moon, Director of Talent Acquisition at Greenhouse, the series features recruiters from influential companies like Fastly, OneTrust, Convercent, VaynerX and more.
This new series delivers thoughtful conversations with talent acquisition professionals to explore what drives them, and how their work is changing lives, companies and communities.
- Personal stories of how each guest made their way into hiring
- The importance of DE&I in recruiting and leading by example
- Being the glue connecting different parts of People Operations
- Improving hiring efficiency – being strategic with time
- Candidate experience and career development
- Lessons learned around scaling culture
"Recruiters are the unsung heroes of their organizations," said Ariana Moon, Director of Talent Acquisition at Greenhouse. "The process of matching an individual with the right job opportunity can be life-changing. With this podcast series, we want to celebrate talent acquisition professionals who are a key part of building and scaling the companies of tomorrow. I hope their stories and advice will help inspire other recruiters who are doing incredible things and highlight the importance of the work they do in the world."
- Felix J. Lopez, TA Recruiter at Convercent by OneTrust
- Brandi Bergstrom, Head of Talent at Hartex, formerly the Director of Recruiting at Netlify
- Shirin Parineh, Director of Recruiting at Fastly
- Matt Woo, Head of Talent Ops at Ontra
- Parijat Tanna Talkad, Operations, Data Analysis, & Systems at Coursera
- Kalliopi Zabafti, Talent Acquisition Manager at Kaizen Gaming
- Stephanie Jade Lütge-Thomas, Recruiter at Cobalt.io
- Beth Armstrong, VP of Recruitment at VaynerX
The series includes 8 podcast episodes, released weekly through mid July, available everywhere podcasts are shared. Access the entire library of Greenhouse podcasts here: greenhouse.io/podcast.
About Greenhouse:
Greenhouse is the hiring software company. We help businesses become great at hiring through our powerful hiring approach, complete suite of software and services, Hiring Maturity™ methodology and large partner ecosystem – so businesses can hire for what's next.
Based in New York City with offices in San Francisco, Denver and Dublin, Greenhouse has over 700 employees around the world supporting more than 6,500 customers. Some of the smartest and most successful companies like HubSpot, Buzzfeed, J.D. Power, Booking.com, Scout24 and The Knot Worldwide use the Greenhouse hiring software platform to improve all aspects of hiring, helping them to attract top talent.
© 2021, Greenhouse Software, Inc. All rights reserved. "Greenhouse Hiring Maturity", "Talent Makers", and the G Logo are trademarks of Greenhouse Software, Inc.
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| 2022-05-25T11:34:29Z
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MILPITAS, Calif., July 6, 2022 /PRNewswire/ -- KLA Corporation ("KLA") (NASDAQ: KLAC) today announced the Reference Yield and Total Consideration (each as summarized in the table below) to be paid in connection with the previously announced cash tender offer (the "Tender Offer") for up to $500,000,000 aggregate principal amount (the "Maximum Amount") of its 4.650% Senior Notes due 2024 ("Notes").
The Maximum Amount represents the aggregate principal amount of Notes subject to the Tender Offer and excludes any Accrued Interest or Early Tender Payment (each as defined below). The Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated June 21, 2022 (as amended or supplemented from time to time, the "Offer to Purchase"), which sets forth a detailed description of the Tender Offer. The Tender Offer is open to all registered holders (individually, a "Holder" and collectively, the "Holders") of Notes.
The Reference Yield for the Notes and the Total Consideration for the Notes are summarized in the table below:
The Total Consideration for each $1,000 principal amount of Notes was determined in the manner described in the Offer to Purchase by reference to the fixed spread set forth in the table above plus the yield to maturity of the U.S. Treasury reference security (the "UST Reference Security") set forth in the table above on the bid-side price of such UST Reference Security as of 9:00 a.m., New York City time, on July 6, 2022.
Notes validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on July 5, 2022 (the "Early Tender Date") will be eligible to receive the Total Consideration, which includes the Early Tender Payment of $30 per $1,000 principal amount of Notes.
KLA expects to accept for purchase and make payment for Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date on July 7, 2022 (the "Early Settlement Date").
Holders of all Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase are eligible to receive the Total Consideration, which includes the Early Tender Payment of $30 per $1,000 principal amount of Notes tendered at or prior to the Early Tender Date (the "Early Tender Payment"). In addition to the Total Consideration, Holders of Notes accepted for purchase will receive accrued and unpaid interest up to, but not including, the Early Settlement Date ("Accrued Interest").
Because the aggregate principal amount of Notes validly tendered would exceed the Maximum Amount, KLA expects that it will accept validly tendered Notes on a prorated basis in accordance with the Offer to Purchase.
Because KLA expects to accept for purchase the Maximum Amount of Notes, no additional Notes will be purchased pursuant to the Tender Offer after the Early Settlement Date. As described in the Offer to Purchase, all Notes tendered and not accepted for purchase will be promptly returned to the tendering Holder's account.
KLA expressly reserves the right, in its sole discretion, subject to applicable law, to terminate the Tender Offer at any time prior to the Expiration Date (as defined in the Offer to Purchase). The Tender Offer is not conditioned on any minimum principal amount of Notes being tendered but the Tender Offer is subject to certain conditions as described in the Offer to Purchase.
KLA has retained BofA Securities and Citigroup to act as the dealer managers (the "Dealer Managers") for the Tender Offer. D.F. King & Co., Inc. has been retained to act as the Tender and Information Agent for the Tender Offer. Requests for assistance relating to the procedures for tendering Notes may be directed to the Tender and Information Agent either by email at kla@dfking.com, or by phone (212) 269-5550 (for banks and brokers only) or (800) 290-6424 (for all others toll free). Requests for assistance relating to the terms and conditions of the Tender Offer may be directed to BofA Securities at (980) 387-3907 (collect) or (888) 292-0070 (toll-free) or via email at debt_advisory@bofa.com or to Citigroup at (212) 723-6106 (collect) or (800) 558-3745 (toll-free) or via email at ny.liabilitymanagement@citi.com. Beneficial owners may also contact their broker, dealer, commercial bank, trust company or other nominee for assistance.
This press release shall not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Tender Offer is being made solely pursuant to the Offer to Purchase made available to Holders of Notes. None of KLA, the Dealer Managers, the Tender and Information Agent or the trustee with respect to Notes, or any of their respective affiliates, is making any recommendation as to whether or not Holders should tender or refrain from tendering all or any portion of their Notes in response to the Tender Offer. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisers and make their own decisions whether to tender their Notes in the Tender Offer, and, if so, the principal amount of Notes to tender.
# # #
KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward.
Statements in this press release other than historical facts, such as statements regarding the Tender Offer, are forward-looking statements. These forward-looking statements are based on current information and expectations and involve a number of risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: the impact of the COVID-19 pandemic on the global economy and on our business, financial condition and results of operations, including the supply chain constraints we are experiencing as a result of the pandemic; economic, political and social conditions in the countries in which we, our customers and our suppliers operate, including rising inflation and interest rates, Russia's invasion of Ukraine and global trade policies; disruption to our manufacturing facilities or other operations, or the operations of our customers, due to natural catastrophic events, health epidemics or terrorism; ongoing changes in the technology industry, and the semiconductor industry in particular, including future growth rates, pricing trends in end-markets, or changes in customer capital spending patterns; our ability to timely develop new technologies and products that successfully anticipate or address changes in the semiconductor industry; our ability to maintain our technology advantage and protect our proprietary rights; our ability to compete with new products introduced by our competitors; our ability to attract and retain key personnel; cybersecurity threats, cyber incidents affecting our and our service providers' systems and networks and our ability to access critical information systems for daily business operations; liability to our customers under indemnification provisions if our products fail to operate properly or contain defects or our customers are sued by third parties due to our products; exposure to a highly concentrated customer base; availability and cost of the wide range of materials used in the production of our products; our ability to operate our business in accordance with our business plan; legal, regulatory and tax environments in which we perform our operations and conduct our business and our ability to comply with relevant laws and regulations; our ability to pay interest and repay the principal of our current indebtedness is dependent upon our ability to manage our business operations, our credit rating and the ongoing interest rate environment, among other factors; instability in the global credit and financial markets; our exposure to currency exchange rate fluctuations, or declining economic conditions in those countries where we conduct our business; changes in our effective tax rate resulting from changes in the tax rates imposed by jurisdictions where our profits are determined to be earned and taxed, expiration of tax holidays in certain jurisdictions, resolution of issues arising from tax audits with various authorities or changes in tax laws or the interpretation of such tax laws; and our ability to identify suitable acquisition targets and successfully integrate and manage acquired businesses. For other factors that may cause actual results to differ materially from those projected and anticipated in forward-looking statements in this press release, please refer to KLA's Annual Report on Form 10-K for the year ended June 30, 2021, and other subsequent filings with the Securities and Exchange Commission (including, but not limited to, the risk factors described therein). KLA assumes no obligation to, and does not currently intend to, update these forward-looking statements.
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| 2022-07-06T21:07:58Z
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COLUMBIA, S.C. (AP) — Multiple cheerleading coaches in South Carolina — including a coach who recently killed himself — sexually abused at least six boys and girls and provided them with drugs and alcohol, a federal lawsuit alleges.
A “coven of sexual predators” surrounded Rockstar Cheer of Greenville for more than a decade, according to one of the lawyers for the alleged victims.
Attorney Bakari Sellers contends that what happened is a result of the same kind of institutional failure seen in the case of Larry Nassar, the former USA Gymnastics and Michigan State University doctor who is serving a minimum of 40 years in prison after admitting that he molested some of the nation’s top gymnasts for years.
The lawsuit was filed Thursday by four girls and two boys who said they were abused by Scott Foster and others affiliated with Rockstar gyms. It suggests there could be up to 100 more survivors of the abuse.
“Scott Foster and his allies did their best to intimidate and isolate their targets, making these young people feel alone and somehow responsible. Well, they’re not alone anymore,” attorney Jessica Fickling said in a statement announcing the suit.
Foster, 49, was found dead in his car at a state park on Aug. 22. He shot himself in the head, the Greenville County Coroner’s Office ruled.
“He knew this was going to be a moment when the light was going to be shined on what I think will turn out to be a coven of sexual predators surrounding Rockstar,” said attorney James Bannister.
A number of people either knew Foster was abusing his cheer students and ignored it or did not have rules and procedures in place to stop the abuse, the lawsuit says.
Foster and other coaches not named in the lawsuit had sex with cheer students, sent and asked for explicit photos over social media, gave them alcohol and marijuana at their homes and in hotel rooms at cheer competitions and warned them to not tell anyone about it, according to the lawsuit.
“We have video of Scott Foster on Snapchat with beer bongs drinking with his underage cheerleaders,” Sellers said at a news conference this week.
The suit also names Varsity Brands, which runs cheerleading competitions; the U.S. All Star Federation, which is an organizing and governing body for competitive cheerleading across the country; Bain Capital, which bought Varsity in 2018, and others.
State and federal police are investigating Foster’s Rockstar Cheer and other cheerleading outlets, seizing computers, cellphones and other evidence, Bannister said. He said the investigating agencies asked lawyers not to identify them.
Several state and federal agencies have refused to tell news outlets whether they are involved.
Foster’s wife, Kathy, promised to cooperate with “all involved” to make sure athletes can safely learn and grow.
“I am heartbroken by the recent allegations made by current and former athletes from Rockstar Cheer and other cheer gyms across our community,” she said in a statement released this week. “I hope the survivors are seeking and receive the support they need. I am sympathetic to their stories.”
Varsity Brands President Bill Seely called the accusations devastating.
“Our hearts are broken right alongside yours,” he tweeted Thursday. “The alleged conduct runs counter to everything the cheer and dance community is intended to represent.”
Bain Capital didn’t return an email seeking comment.
Rockstar Cheer’s name is on more than a dozen gyms in South Carolina, Georgia, North Carolina, Rhode Island, Pennsylvania, Ohio and Arizona.
Ten of the gyms said in a statement this week that they had no connection with Foster and would be dropping the Rockstar brand name.
Foster opened his Greenville gym in 2007, according to his website.
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Follow Jeffrey Collins on Twitter at https://twitter.com/JSCollinsAP.
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https://cw33.com/news/u-s-news/ap-us-headlines/ap-cheerleaders-sexually-abused-by-coaches-in-sc-lawsuit-says/
| 2022-09-03T02:56:18Z
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WORCESTER, Mass., June 13, 2022 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced Francisco A. Aristeguieta has been elected to the company's board of directors, effective today.
Aristeguieta is an accomplished senior executive with extensive experience in the banking and financial services industries. He currently serves as a special adviser for State Street Corporation, a leading provider of financial services to institutional investors worldwide, having stepped down recently as executive vice president. Aristeguieta served in various executive positions since joining State Street in 2019, including chief executive officer of State Street Institutional Services and executive vice president and chief executive officer of State Street International.
Before joining State Street, Aristeguieta served in several key executive roles over 25 years at Citigroup Inc., most recently as chief executive officer of Citigroup Asia Pacific, a leading universal bank in the region across institutional and consumer retail banking and broad financial services. During his time at Citigroup, Aristeguieta also served as chief executive officer of Citigroup Latin America, led Citigroup's Global Transaction Services Group in Latin America and Mexico, was chief executive officer of Citigroup Colombia, and head of the organization's Andean Region Cluster of countries, among other important roles.
"Francisco is a highly accomplished operating executive who will bring excellent and strong perspectives to our boardroom as we continue to support the advancement of The Hanover's mission and strategy. We are delighted to welcome him to the board," said Cynthia L. Egan, chair of the board of directors at The Hanover.
Aristeguieta received a bachelor's degree from Universidad Metropolitana in Venezuela and a master's degree in business administration from Brunel University in the United Kingdom. He began his career as a financial analyst with Petroleos de Venezuela. In addition, he previously served as vice chairman on the board of directors of Banco de Chile.
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions through a select group of independent agents and brokers. Together with its agent partners, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. For more information, please visit hanover.com.
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https://www.wibw.com/prnewswire/2022/06/13/hanover-insurance-group-inc-elects-francisco-aristeguieta-board-directors/
| 2022-06-13T20:20:24Z
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ZeOmega's Jiva Platform to Support HealPros New In-Home Program Deployment
PLANO, Texas, June 21, 2022 /PRNewswire/ -- ZeOmega®, the leading population health management organization, has partnered with HealPros, a healthcare services company that works with some of the largest health plans in the nation to build and deliver programs that change the lives of people with chronic illnesses. This partnership will yield significant results for health plans and their members by helping them access personalized care and delivering in-home experiences people love.
Each year, millions of Americans do not access the care they need due to transportation issues, lack of relevant education, cultural differences, and affordability of care. HealPros' team of Care Access Pros will utilize ZeOmega's Jiva care management solution to track health concerns, monitor progress, and keep people engaged in caring for their health. This partnership, which is ZeOmega's first with a client dedicated to excellent in-home healthcare experiences, will increase ZeOmega's lives covered by over one million within five years.
HealPros teamed up with ZeOmega after discerning the Jiva platform's configurability and ability to personalize services and drive clinical workflows. The partnership will support HealPros' mission to meet people where they are, discover the health challenges they face, and act as a trusted partner that helps them access appropriate care.
"We are excited to embark on this relationship with ZeOmega – the leader in care management solutions, demonstrated by its Best in KLAS award – to take our capabilities to the next level," said Jim Sullivan, co-founder and CEO of HealPros. "The Jiva platform allows us to capture more dynamic information about members so we can continue to build intelligent interventions that will move the needle for chronic disease populations."
"This partnership represents a major step for ZeOmega as we enter the home health market," said Andy Arends, Chief Growth Officer of ZeOmega. "HealPros and its national network of partners work with the nation's most prominent health plans to ensure people access the care they need, and we see tremendous potential to improve thousands of lives via this collaboration."
ZeOmega empowers health plans and other risk-bearing organizations with the industry's leading technology for simplifying population health management. Clients using the ZeOmega Health Cloud experience superior workflow and proven results due to exceptional integration capabilities, unmatched clinical content, and a powerful rules engine. With deep domain expertise and a comprehensive understanding of population health challenges, ZeOmega serves as a true partner for clients with personalized deployment and delivery models. By consistently exceeding customer expectations and project benchmarks, ZeOmega has earned a reputation for being proactive, reliable, and dedicated to improving the health of the 38 million lives covered by its clients. Founded in 2001, ZeOmega is privately held and headquartered in Plano, Texas. Visit the ZeOmega website at www.zeomega.com.
After years of building relationships while performing in-home diabetic retinal exams, HealPros is now deploying new programs to care for people with chronic illness. Once the underlying challenges people face are identified, HealPros provides them with education and connects them to the care they need, then monitors and reports progress to their various caretakers. From pharmacy assistance, health risk assessments, diabetes and hypertension management programs, to resolving food insecurity and identifying other social determinants of health, HealPros' in-home, face-to-face interactions provide an experience people don't get anywhere else.
ZeOmega and Jiva are registered trademarks or trademarks of ZeOmega, Inc. or its subsidiaries in the United States and other countries. Other marks or brands may be claimed as the property of others.
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| 2022-06-21T14:01:31Z
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SACRAMENTO, Calif., May 31, 2022 /PRNewswire/ -- State authorities authorized a policy on May 24, 2022, to reduce water use in California by 10 to 20%, which includes a blanket prohibition on watering decorative lawns in subdivision common areas and on all commercial premises.
On Tuesday, the California State Water Resources Control Board declared emergency restrictions to decrease water consumption by 10 to 20% this year, prompting local water providers to apply their own measures to make this a reality. Moreover, as Laurel Firestone, a member of the California State Water Resources Control Board, cautioned during the board meeting on Tuesday, some cities may be forced to make difficult judgments about what is "needed in this new normal."
In most houses across the country, outdoor irrigation accounts for 50-70 percent of household water use. Each year, it takes around 685 gallons of water to apply one inch of water over 1,000 square feet of lawn to keep it green. It puts a significant burden on the local freshwater supply just to keep the lawn green. What choices do you have for making a difference? By replacing your natural lawn with SYNLawn artificial grass, you may save up to 70% on your water cost. By switching to SYNLawn, you not only get a beautiful, low-maintenance lawn all year, but you also help to minimize your carbon footprint.
SYNLawn is southern California's first provider of plant-based artificial grass. Our environmentally responsible products make it easy to conserve valuable resources such as water in hard times such as these. Our low-maintenance products do not require consistent watering to maintain their luxurious green glow and resist fading, even in harsh sunlight. As a result, we are able to save substantial amounts of water yearly as well as money on consumer water bills. SYNLawn artificial grass is backed by our unmatched limited lifetime warranty with financing options available.
For more information on Sacramento artificial grass and the many environmental benefits it provides, contact us today to schedule a free consultation!
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https://www.kxii.com/prnewswire/2022/05/31/synlawn-sacramento-new-california-ban-grass-watering/
| 2022-05-31T10:45:59Z
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New York (AP) — Looking for a new job is a balancing act: Some people change roles for a shorter commute or better salary, others want health insurance or flexible schedules, and still others are looking to work in a new or different industry.
Hiring is booming in the U.S. — the economy added 528,000 jobs in July, up from 398,000 in June, according to the latest job report by the U.S. Bureau of Labor Statistics. But in many cases, wages aren’t rising as fast as prices, leading workers to look elsewhere.
Compensation, job location and work environment are among the most important factors you should consider when looking for a new role, according to Jill Gonzalez, a financial analyst from WalletHub.
Here are five key things to think about if you’re looking for a job (or wondering whether you should):
THE CURRENT JOB MARKET
As of July, there were 1.7 jobs for every unemployed person, meaning employers are competing for workers in many industries.
While not all employers can afford to offer cost-of-living wage increases, some are increasingly open to providing other benefits, such as more remote work options, subsidized child care, or coverage of commuting expenses, according to Johnny C. Taylor Jr., chief executive officer of the Society for Human Resource Management.
“With inflation, employees that are otherwise happy at work are forced to look for another job. It’s a retention problem,” he said. “You might have an employee who loves their workplace, but they’ll say, ‘I have to go across the street for the job that will pay me 20% more.’”
Some companies are also better prepared to withstand an economic downturn than others, which is worth considering amid fears that the U.S. could be headed for a recession.
“The companies that are recession-resistant are typically those that sell consumer essentials, provide critical repair services, or manufacture or sell proprietary or specialized products,” said Gonzalez.
Demand for these goods and services typically stays more or less the same regardless of consumers’ budgets. The food industry, grocery stores, power plants, waste management, pharmaceutical, and healthcare companies also weather economic instability well, she said.
SALARY
How much you’ll be paid is key, and how you look at your income depends in part on your industry.
For Justin Taylor, a restaurant worker based in Minneapolis, it isn’t only a question of how much he can make per hour, but also how much he can get in tips.
Taylor increased his salary from $15 per hour to approximately $20 per hour when he changed jobs from Chipotle to a local restaurant. His previous job didn’t include meaningful tips from customers while his current job does, significantly raising his take-home pay.
Conversations around pay are rarely transparent. If you’re not sure what the average salary in your industry might be, the the U.S. Bureau of Labor Statistics provides a list of average wages and salaries in most sectors.
COMMUTE
If you find a job that pays more per hour but requires a longer commute, it might not work out to be much of a pay raise, after factoring in gas or the cost of public transit.
“I wanted to be close to my home, I was just trying to save money on transportation,” said Taylor.
Before his new job, Taylor used to commute 30 minutes each way on public transport; he now travels on his electric scooter for less than 10 minutes.
With gas prices higher than a year ago, Taylor also decided to sell his truck and start using more affordable alternatives. Survey data shows that 64 percent of U.S. adults have changed their driving habits or lifestyle since March of this year, according to the American Automobile Association.
If you can take public transportation to your job or you pay for parking, check with your potential new employer about whether the company offers pre-tax benefits.
BENEFITS
For some, good benefits might include health insurance or retirement contributions. For others, working from home a few days a week or having on-the-job training are great bonuses.
“The work-life balance is equally important. (Workers) should inquire about vacation and sick day policies, as well as work-from-home flexibility,” Gonzalez said.
That was the case for Taylor, who approached his job search with the goal of having more flexibility.
“I’m a person, I have a life outside of work and wanted to have more control. That was really important, too. So I went in letting them know ’Hey, I will need this day off,’” said Taylor, who is also a member of Restaurant Opportunities Centers United, a non-profit organization that advocates for workers’ rights.
Eugene Natali, a financial literacy expert and CEO of Troutwood, a financial planning app, said growing your skills is especially important when there might be a recession looming.
Auto mechanics, for example, should take every on-the-job training and get every certification offered, he said, to make themselves more valuable to their workplace and more attractive to potential employers if they should need to change jobs.
WORK ENVIRONMENT
Blair Heitmann, a career expert for hiring platform LinkedIn, encourages job seekers to think about company culture when looking to change roles.
Reaching out to current and former employees, researching press and social media and even reading earnings reports are some of her recommendations.
Websites such as Indeed and Glassdoor have user-generated reviews of workplaces and some offer pay ranges for certain companies.
This research can also help give you insight into what makes a business run, which can give you a leg up in an interview, she said.
Stephanie Stathas, a licensed therapist with Thriveworks, which provides in-person and online therapy, says that identifying healthy workplaces can help reduce job stress.
“If a work environment doesn’t have good management or doesn’t find that time to appreciate the individual for what they do, a lot of people can tend to feel down about themselves,” she said.
But it’s more nuanced than just appreciating workers, she added, as employees also need the ability to set boundaries with their workloads.
___
The Associated Press receives support from Charles Schwab Foundation for educational and explanatory reporting to improve financial literacy. The independent foundation is separate from Charles Schwab and Co. Inc. The AP is solely responsible for its journalism.
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https://cw33.com/business/ap-business/5-things-to-consider-when-looking-for-a-new-job/
| 2022-08-05T20:20:40Z
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VANCOUVER, BC, June 8, 2022 /PRNewswire/ - Thinkific Labs Inc. ("Thinkific" or the "Company") (TSX: THNC) is pleased to announce results from its annual general meeting of shareholders (the "Meeting") held on June 8, 2022.
At the Meeting, the Shareholders set the number of Directors of the Company for the ensuing year at 9. The results of the vote are set forth below:
By resolution passed by ballot vote, the seven nominees proposed by management for election to the Board of Directors at the Meeting and listed in the Company's management information circular dated April 15, 2022, were elected. The Directors will remain in office until the next annual general meeting of shareholders, or until their successors are elected or appointed. The results of the vote are set forth below:
The next item of business at the Meeting was to appoint KPMG LLP as auditor of the Company for the ensuing year and to authorize the directors to fix the remuneration of the auditor. By resolution passed by ballot vote, KPMG LLP was appointed as the auditor of the Company for the ensuing year. The results of the vote are set forth below:
Thinkific (TSX:THNC) makes it simple for entrepreneurs and established businesses of any size to scale and generate revenue by teaching what they know. Our Platform gives businesses everything they need to build, market, and sell online courses and other learning products, and to run their business seamlessly under their own brand, on their own site. Thinkific's 50,000+ active creators earn hundreds of millions of dollars in direct course sales while teaching tens of millions of students. Thinkific is headquartered in Vancouver, Canada, with a distributed team.
For more information, please visit www.thinkific.com.
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https://www.mysuncoast.com/prnewswire/2022/06/08/thinkific-announces-results-annual-general-meeting-shareholders/
| 2022-06-08T21:23:02Z
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LOS ANGELES (AP) — Even without his best stuff, Tony Gonsolin solidified his case to start for the National League on his home mound in the All-Star Game later this month.
Gonsolin pitched seven strong innings for his 11th win, and Mookie Betts hit a pair of leadoff homers in the Los Angeles Dodgers’ 5-3 victory over the Chicago Cubs in the series opener on Thursday night.
Gonsolin is the first Dodgers pitcher to start a season 11-0 since Alex Wood in 2017. He and Houston’s Justin Verlander are tied for most wins in the majors.
“He was able to navigate,” Dodgers manager Dave Roberts said. “He worked behind more than he typically has.”
The NL West leaders won their fourth in a row.
Gonsolin allowed two runs and four hits, struck out three and didn’t walk anyone for his second straight start and third time this season. His 1.62 ERA is the best in baseball.
“I feel like I fell behind on a lot of counts, but overall the fastball was really good,” he said. “The velo was there, early maybe not so much, but I found the rhythm in the third inning.”
The right-hander even did a little fielding in the sixth. Ian Happ hit a line drive that ricocheted off Gonsolin’s glove and went behind the mound. Gonsolin raced to pick up the ball and fired to first base for the third out.
“I was fortunate enough that it hit the big part of my glove and not my wrist,” Gonsolin said.
Betts blasted solo shots in the first and the eighth for his 19th and 20th homers. He got hit by a pitch in the fifth and had his left hand examined but stayed in the game. He said the soreness eventually went away.
Hitting in the ninth spot, Gavin Lux extended the Dodgers’ lead to 3-0 on a two-run shot with two outs in the second after Trayce Thompson doubled.
Justin Turner went deep in the fourth to make it 4-0.
The Cubs cut their deficit to 4-2 on Christopher Morel’s two-run homer with two outs in the fifth.
They didn’t have another hit until Happ’s two-out single in the ninth off closer Craig Kimbrel. Rookie Seiya Suzuki hit a flare to right that Betts chased mightily, but it dropped for an RBI double that left the Cubs trailing 5-3.
“I wanted to dive, but something in my body didn’t allow me to,” said Betts, who is recovering from a rib injury.
Suzuki took third on Kimbrel’s wild pitch and Kimbrel walked Patrick Wisdom to put the potential tying run at first.
Alex Vesia retired pinch-hitter Nelson Velázquez on a called third strike to earn his first save.
Chicago starter Mark Leiter Jr. (2-3) gave up four runs and five hits in five innings. The right-hander struck out four and walked none.
TRAINER’S ROOM
Cubs: RHP Kyle Hendricks (right shoulder strain) had an MRI that showed no structural damage and he won’t need surgery. There’s no timetable for his return. … LHP Justin Steele isn’t with the team while he awaits the birth of his child.
Dodgers: RHP Blake Treinen (right shoulder) will continue throwing off a mound while expanding his full complement of pitches. He remains a couple weeks away from facing live hitters.
GRATEROL HURT
Dodgers reliever Brusdar Graterol left after throwing six pitches in the eighth. Roberts said he had a cramp in his rib area. Although he checked out fine, Roberts said Graterol may undergo more testing and the injured list is “not off the table” for him. Graterol got the first out of the inning and had a 2-1 count on Morel when he walked off. Phil Bickford came in and struck out Morel before Andrelton Simmons grounded out to end the inning.
THROWING IN STYLE
Rapper Saweetie tossed out a ceremonial first pitch. She took the mound in high heels and her extra long fingernails painted in the team’s blue-and-white colors didn’t interfere with her throw to Betts, who served as catcher.
UP NEXT
Cubs: RHP Keegan Thompson (7-3, 3.41 ERA) is 0-1 with a 2.16 ERA in his only other start against LA.
Dodgers: LHP Tyler Anderson (9-1, 3.09) has 73 strikeouts to 15 walks over 15 games, including 13 starts.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports
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| 2022-07-09T01:45:32Z
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Expands commitment to social responsibility while making strong progress towards goal of procuring 100% of its power from carbon-free sources
OVERLAND PARK, Kan., July 19, 2022 /PRNewswire/ -- QTS Data Centers, a leading provider of hybrid colocation and mega scale data center solutions, today announced it has published its 2021 Environmental, Social and Governance (ESG) Report.
Available online here, the 2021 ESG Report has been prepared in accordance with the GRI Standards and the Sustainability Accounting Standards Board (SASB) real estate standards and aligns with the guidance of the Task Force on Climate-Related Financial Disclosures.
Named by Newsweek as one of America's most responsible companies in 2021, QTS expanded its commitment to social responsibility particularly in the areas of giving back to the community, supporting diversity and implementing success-based giving programs.
- QTS' Grow with QTS program has donated more than 50,000 trees planted across the United States to help with fire restoration, restore stripped mineland and restore forests and animal habitats.
- QTS' HumanKIND program delivers clean water in impoverished communities in need and has provided access to drinking water to over 11,000 people globally for a year.
- QTS has partnered with the U.S. Dream Academy to sponsor children of incarcerated parents in after-school programs that aim to break the cycle of intergenerational incarceration. In 2021, QTS sponsored 18 children in the U.S. Dream Academy.
Additionally, in 2021, QTS employees donated over 4,300 volunteer hours to various communities (the highest annual amount of hours contributed in the history of the QTS Community Impact program), and provided over 130 different organizations with charitable contributions amounting to over $1.7 million.
"We have made strong progress in establishing QTS as an industry leader through our innovative sustainability initiatives," said Chad Williams, CEO of QTS. "QTS' long-standing Core Values have established the foundation of our corporate sustainability program which prioritizes a servant leadership culture in the stewardship of our company, customers, partners and communities. As our business continues to grow, our responsibility to positively impact those around us will also grow. We look forward to this opportunity and will continue to challenge our organization in the pursuit of our cultural goals with purpose and transparency."
QTS' ESG report documents the Company's vision of enhancing the care and improvement of life and minimizing its carbon footprint through technology, manpower and advanced construction and procurement initiatives. Based on progress and success in 2021, the Company has updated its environmental goals as follows:
- Procure 100% of its power from carbon-free energy sources. In 2021, QTS made strong progress on its commitment to renewable energy procurement which includes the signing of a definitive 20-year agreement with Georgia Power subscribing to nearly 350 megawatts of new renewable energy to be added to the power grid supporting its Atlanta-Metro and Suwanee Georgia data center campuses. Factoring in this agreement, which takes effect in 2024, QTS has met its original goal with more than 100% of its 2018 baseline power being supported by renewable sources. QTS has set a goal of procuring carbon-free energy to support each new data center site that it develops, balancing the time to establish agreements that have the best outcomes for all of its stakeholders. As its portfolio grows, QTS will continue to make sustainable decisions for procuring carbon-free energy at all of its facilities.
- Portfolio-wide annual water-use effectiveness (WUE) reduction of 5%. QTS has achieved its initial water goal and on average QTS has conserved 15 million gallons of water annually since 2016. The Company is proud of its accomplishments in water conservation, and as the portfolio grows, QTS is adjusting its water conservation metric to enhance the tracking of its impact and efficiency. Going forward, the Company aims to measure year-over-year improvement in WUE.
- Report to GRESB, CDP, EcoVadis, RE100 and the EPA Green Power Partnership. Though QTS is no longer a public company and will not be measured by certain public ratings groups, QTS will continue to pursue a goal of transparency in reporting ESG data by voluntarily reporting to those respected institutions.
- Design 100% of QTS buildings to Green Building Standards and Energy Star certifications for all eligible properties. Shifting to meet the needs of its growing footprint, QTS will continue to design to green building standards, supporting its commitment to continually enhance energy efficiency at all of its existing and new buildings.
- Install EV charging stations at 75% of QTS' facilities by 2025. QTS achieved the original goal of installing EV charging stations at 75% of its facilities. This has been an especially successful program with QTS customers, communities and employees. Now that the Company has now accomplished this goal, it will incorporate the installation of Electric Vehicle (EV) charging stations in the standard design for all new buildings.
- Recycle 90% of its operational waste by 2025. At the end of 2021, QTS had recycled over 1.7 billion pounds of material and recycled 74.5% of its operational waste. Waste and materials usage are becoming larger topics in the industry's sustainability efforts, QTS is diligently approaching its waste tracking and recycling through site level programs and new initiatives.
QTS was acquired by Blackstone (NYSE: BX) in 2021. Eric Duchon, Global Head of ESG for Blackstone Real Estate, and Greg Blank, Senior Managing Director in Blackstone's Infrastructure business, said, "Blackstone is proud of the incredible work our portfolio companies are doing to support a stronger, more sustainable economy, which we believe also enhances their value. We look forward to continuing to work with QTS as they execute on their commitment to reduce carbon emissions, contributing to a more resilient, cleaner energy future, while giving back to the communities in which they operate."
About QTS Data Centers
QTS Data Centers, LLC is a leading provider of data center solutions across a diverse footprint spanning more than 9 million square feet of owned mega scale data center space within North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. QTS is a Blackstone portfolio company. Visit QTS at www.qtsdatacenters.com, call toll-free 877.QTS.DATA or follow on Twitter @DataCenters_QTS.
Media Contact:
Carter B. Cromley
(703) 861-7245
carter.cromley@qtsdatacenters.com
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| 2022-07-19T13:46:01Z
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READING, Pa., July 21, 2022 /PRNewswire/ -- Penske Truck Leasing has recently opened a brand-new, state-of-the-art facility in Monroe, Ohio. Located at 100 Clark Boulevard this new facility expands Penske's capability to support this growing Ohio market and allows increased aid to the large territory between its Sharonville and Dayton sites.
At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance. It is also outfitted with the company's proprietary fully digital and voice-directed preventive maintenance process and Penske digital experience solutions, which help customers leverage Penske technology as well as options related to onboard technology systems (ELDs, telematics, onboard cameras, etc.).
"This state-of-the-art facility brings the full Penske-experience, showcasing our strong commitment to the community and ability to cultivate with the growing market," said Tim Burke, the Midwest area vice president for Penske Truck Leasing. "I extend my appreciation to our customers – allowing us to grow, and the dedication of our staff – maintaining service excellence throughout the process."
The location is 14,520 square-feet and sits on 5.96 acres. It features three service bays plus an automatic truck wash bay, a two-lane fuel island and in-floor heating.
Penske currently employs approximately 20 associates at the new facility, and is hiring truck technicians, fueler and wash bay attendants, customer service representatives, and drivers locally and nationwide. For a list of open positions in the Monroe area and at other Penske locations across North America visit penske.jobs for more information.
Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. A leading global transportation services provider, Penske Truck Leasing operates more than 387,000 vehicles and serves customers from approximately 1,300 locations in North America, South America, Europe, Australia, and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit www.pensketruckleasing.com to learn more.
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| 2022-07-21T14:28:17Z
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Frontegg's robust B2B SaaS infrastructure provides a user management platform for the full user journey, from signup to subscription, scaling from hyper-growth startups to enterprise leaders
TEL AVIV, Israel, July 28, 2022 /PRNewswire/ -- Frontegg, the leading user management platform for B2B apps, announced today $40M in series B funding co-led by Stripes and global software investor Insight Partners. This follows last December's $25M Series A and brings the total amount raised from leading VCs including Pitango First, Global Founders Capital and i3 Equity, to $70M. Frontegg will use the funding to expand its product offerings and invest in infrastructure, as well as scale its R&D and go-to-market teams in Tel Aviv and the San Francisco Bay Area.
The SaaS industry has experienced tremendous growth in recent years, with Gartner forecasting that SaaS spending will reach $208B in 2023, up from $176B in 2022. Research undertaken by Frontegg found more than 70% of the Series A funding rounds announced this year were raised by B2B SaaS companies.
Customers now expect business apps to offer a comprehensive user management experience, creating a challenge for development teams. "Nowadays, users of business apps expect to seamlessly sign up for products using modern authentication methods, invite team members, control their roles, define organization-wide security policies and upgrade subscription tiers," said Sagi Rodin, CEO and Co-founder of Frontegg. "Building these capabilities in-house is extremely resource-intensive due to their complexity, sensitivity and scope. Existing user management products offer partial solutions because they only solve authentication and are built to manage individuals, not teams and organizations."
Frontegg is the only solution that provides robust and scalable user management infrastructure for B2B SaaS, handling the full user journey, from signup to subscription. The platform is multi-tenant at its core, which enables organization-level granularity for any setting or configuration. For a comprehensive user experience, Frontegg offers a self-serve Admin Portal, which provides the user with full visibility and control over their personal and organizational settings.
Frontegg's offering emphasizes ease of deployment and rapid time-to-value while providing a highly scalable solution. The platform enables development teams to quickly get started as well as provides a rapid migration path for companies that have outgrown legacy user management solutions. This makes Frontegg a popular choice for companies from critical industries such as Fintech, Cybersecurity and medical.
"Frontegg provides always-on critical infrastructure that is built for reliability at scale," said Aviad Mizrachi, CTO and co-founder at Frontegg. "Downtime is unacceptable for capabilities that are at the core of an application — many customers migrated to Frontegg from legacy solutions due to recent outages. We take the responsibility of building critical infrastructure very seriously and this investment will allow us to continue to provide a solution our customers feel secure relying on."
Frontegg has capitalized on the growth in popularity and product standardization of business applications to achieve explosive growth since its public release in late 2021. The company now serves as the user management infrastructure for more than 150 B2B SaaS companies around the globe, from fast-growing startups to Fortune 100 companies. Customers include Datadog, Materialize, Okera, Hunters.AI, Tomorrow.io and more.
"What blew us away about Frontegg was how much their customers love the product," said Saagar Kulkarni, partner at Stripes. "Building and maintaining world-class user management has become an increasingly heavy burden on development teams. In turbulent economic times like these it's more important than ever for B2B SaaS companies to go to market fast — but with a mature product that is in line with today's user's expectations from business tools. Frontegg provides an exceptional user management experience out-of-the-box so that SaaS companies can quickly ship winning products."
About Frontegg
Frontegg provides a robust user management platform for B2B SaaS applications supporting the full user journey, from signup to subscription. The scalable solution can be easily integrated into any product, allowing development teams to stay focused on building their core product, while Frontegg handles the heavy lifting of go-to-market capabilities. Since its founding in 2019 by Sagi Rodin (CEO) and Aviad Mizrachi (CTO), Frontegg has raised $70M from top-tier global VCs and serves as the user management infrastructure for leading B2B SaaS companies around the globe, from fast-growing startups to Fortune 100 companies.
About Stripes:
Stripes is a leading growth equity firm that partners with founders who are building amazing products in the software and consumer markets. Stripes strives to serve its partners by delivering valuable resources to create transformative companies. For more information please visit Stripes."
About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of February 24, 2022, the closing of the firm's recent fundraise, Fund XII, brings Insight Partners' regulatory assets under management to over $90B. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners meets great software leaders where they are in their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners.
Media Contact:
Gavriel Cohen
gavriel@westraycommunications.com
+914-336-4633
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https://www.kxii.com/prnewswire/2022/07/28/frontegg-raises-40m-solve-user-management-b2b-saas/
| 2022-07-28T16:02:09Z
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Adobe veteran brings over 20 years of global HR experience to help accelerate the
company's rapid growth and expansion
LONDON, May 16, 2022 /PRNewswire/ -- Unit4, a leader in enterprise cloud applications for people-centric organizations, today announced the appointment of Tania Garrett as Chief People Officer.
Tania will oversee the company's people success function where she will be responsible for talent acquisition, learning & development, compensation & benefits, as well as regional HR field teams. Tania will report to Mike Ettling, Chief Executive Officer, Unit4.
With more than two decades of human resources experience, spanning various industries and geographies within established industry leading organizations, Tania is well versed in providing HR leadership in international high-growth businesses. As well as guiding companies through complex acquisitions and mergers, she has a proven track record in organizational design and leading multi-location teams to deliver high level Employee Experience.
Tania joins Unit4 from Adobe where she led International Employee Experience, covering the EMEA, APAC and Japan regions. Having previously managed the EMEA Employee Experience organization, Tania was instrumental in transforming Adobe's employee experience, standardizing, and improving processes and, crucially, developing the culture.
Prior to joining Adobe, Tania held the position of Group HR Director for a legal services company and successfully navigated the sale of the business with a newly hired management team. She also worked for Experian as HR Director across EMEA and, before that, as Head of HR and HR services at Towers Watson, a leading global professional services company. Her career started at Valspar, culminating in the role of Human Resources Director across EMEA and India.
"We are excited to welcome Tania to Unit4 and, as a people centric business, we are delighted to have someone with her wealth of global experience, talent and passion for people, join the company through our next phase of growth," said Mike Ettling, Chief Executive Officer, Unit4. "With a track record of strategic leadership and hands-on execution, she will help us to further invest in our people and accelerate Unit4's journey to support our customers in delivering an exceptional people experience to their organization as well as to their customers."
"I am thrilled to be joining Unit4 at a time when we are all emerging from the pandemic, and businesses are looking to shift their priorities back to sustainable growth," said Tania Garrett, Chief People Officer. "Now, more than ever, leaders need to retain talent and motivate their people in new ways, and I very much look forward to being part of that journey here at Unit4."
About Unit4
Unit4's next-generation enterprise solutions power many of the world's most people-centric mid-market organizations. Our state-of-the-art cloud platform, ERPx, brings together the capabilities of Financials, Procurement, Project Management, HR, and FP&A onto a unified cloud platform that shares real-time information and is designed with a powerful, people-centric approach, so employees can benefit from better insight and become more effective and increasingly engaged. It supports rapid and continuous change while delivering individualized fit for customers at scale, delivering the right tools to unify the processes across their organization, and connect their people. Unit4 serves more than 6,000 customers globally including, Bravida, Havas, Migros Aare, Americares, Save the Children International, Action against Hunger, Metro Vancouver, Forest Research, Southampton City Council, Habitat for Humanity, Selkirk College, FTI Consulting, and Surrey County Council.
For more information please visit https://www.unit4.com/, follow us on Twitter @Unit4global, or visit our LinkedIn page
Media Contact:
Lisa Stassoulli
Global Communications Manager, Unit4
Mobile: +44(0)7870 916827
Lisa.Stassoulli@unit4.com
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https://www.mysuncoast.com/prnewswire/2022/05/16/unit4-appoints-tania-garrett-chief-people-officer/
| 2022-05-16T12:53:57Z
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NEW YORK, July 5, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Apyx and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 14, 2022, Apyx disclosed that the U.S. Food and Drug Administration ("FDA") would be posting a Medical Device Safety Communication ("MDSC") related to the Company's Advanced Energy Products. The Company further disclosed that "[b]ased on our initial interactions with the FDA, we believe the Agency's MDSC will pertain to the use of our Advanced Energy products outside of their FDA-cleared indication for general use in cutting, coagulation, and ablation of soft tissue during open and laparoscopic surgical procedures."
On this news, Apyx's stock price fell $4.02 per share, or 40.6%, to close at $5.88 per share on March 14, 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
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https://www.kxii.com/prnewswire/2022/07/06/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-apyx-medical-corporation-apyx/
| 2022-07-06T04:18:41Z
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- First Korean healthcare company to obtain "AA-AA" ratings in technology assessment for its FDA-cleared and CE-marked solutions
- To accelerate listing on the KOSDAQ market within July
SEOUL, South Korea, June 16, 2022 /PRNewswire/ -- Lunit, a leading provider of AI solutions for cancer, today announced that it has filed a registration statement with the Korean Exchange for an initial public offering (IPO) of its common stock. Lunit intends to list its common stock on the KOSDAQ market under the ticker code "A32813". NH Investment & Securities will act as book-running manager, backing Lunit's debut.
A total of 1,124,300 shares will be offered in the price range of KRW 44,000 to 49,000 ($34-38). The exact price will be determined after recording the demand of institutional investors on July 7-8, while retail buyers can take part in the public subscription during July 12-13.
Based on the low end of the targeted range, Lunit expects to raise about KRW 54 billion ($42 million). The company plans to spend the capital in laying the cornerstone for sustainable growth by financing R&D of its AI products and global market development.
"AI matters in the field of healthcare and medicine, and it is transforming the industry," said Brandon Suh, CEO of Lunit. "By going public, Lunit will strive to further pioneer the global medical AI market and spearhead a new way of cancer diagnostics and treatment support, which is in line with our mission: Conquer cancer through AI."
Lunit achieved triple-digit growth every year since 2019. During the first quarter of FY2022, Lunit earned 44.8% of last fiscal year's total revenue. The company reached a revenue growth of 552% on a comparable basis, while revenue from overseas markets also surged 731% year-over-year.
* This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities.
About Lunit
Lunit is a medical AI software company devoted to developing AI solutions for precision diagnostics and treatment support, mainly focused on conquering cancer.
Lunit has partnered with global medical device giants such as GE Healthcare, Philips, and FujiFilm. The company also focuses on its biomarker business through an exclusive partnership with Guardant Health, a leading global liquid biopsy company.
Lunit has earned international recognition for its unprecedented, state-of-the-art AI technology. More than half of its employees are research and development (R&D) specialists, with more than 12 medical doctors working as a full-time staff.
Lunit's flagship products are Lunit INSIGHT and Lunit SCOPE. The FDA-cleared and CE-marked Lunit INSIGHT series provide AI-powered detection of chest abnormalities and breast cancer with 96-99% accuracy. As of March 2022, Lunit INSIGHT products are used in approximately 600 medical sites in more than 40 countries. Lunit SCOPE series provide AI detection and analytics for tissue data, quantifying key features and scores that enhances elevated response prediction for immunotherapy. By receiving CE Mark in April 2022, Lunit SCOPE PD-L1 TPS has been officially approved for deployment and use in European pathology practices.
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SOURCE Lunit
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https://www.wibw.com/prnewswire/2022/06/16/lunit-files-registration-statement-initial-public-offering/
| 2022-06-16T14:22:06Z
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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Homology Medicines, Inc., of Class Action Lawsuit and Upcoming Deadline - FIXX
Published: May. 2, 2022 at 11:15 PM CDT|Updated: 3 hours ago
NEW YORK, May 3, 2022/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Homology Medicines, Inc. ("Homology" or the "Company") (NASDAQ: FIXX) and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 22-cv-01968, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Homology securities between June 10, 2019 and February 18, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Homology securities during the Class Period, you have until May 24, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Homology, a genetic medicines company, focuses on transforming the lives of patients suffering from rare genetic diseases. The Company's lead product candidate is HMI-102, which is in Phase I/II pheNIX clinical trial, a gene therapy for the treatment of phenylketonuria (PKU) in adults (the "HMI-102 Trial").
On June 10, 2019, Homology issued a press release announcing that it had commenced enrollment of the HMI-102 Trial.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated HMI-102's efficacy and risk mitigation; (ii) accordingly, it was unlikely that the Company would be able to commercialize HMI-102 in its present form; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
On July 21, 2020, Mariner Research ("Mariner") published a report questioning statements by Homology and its officers about the efficacy of HMI-102, the Company's lead product candidate for treatment of phenylketonuria. Mariner focused on Homology's HMI-102 dose escalation pheNIX trial, concluding that the Company concealed data showing HMI-102's lack of efficacy and indicating that the program was unlikely to proceed to commercialization. Among other evidence, Mariner cited an email from Homology's Chief Communications Officer appearing to indicate the Company's awareness that a HMI-102 high dose patient had adverted to the adverse efficacy issue in a social media post during April 2020.
On this news, Homology's stock price fell $1.71 per share, or 10.38%, over the following three trading days, closing at $14.77 per share on July 24, 2020.
Then, on February 18, 2022, Homology issued a press release disclosing that "the U.S. Food and Drug Administration has notified the company that its pheNIX gene therapy trial of HMI-102 in adults with phenylketonuria has been placed on clinical hold due to the need to modify risk mitigation measures in the study in response to observations of elevated liver function tests" and that "[t]he Company expects to receive an official clinical hold letter within 30 days."
On this news, Homology's stock price fell $1.26 per share, or 32.64%, to close at $2.60 per share on February 22, 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
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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https://www.wibw.com/prnewswire/2022/05/03/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-homology-medicines-inc-class-action-lawsuit-upcoming-deadline-fixx/
| 2022-05-03T07:31:56Z
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Christopher Meloni knows nothing ruins your day more than pain. That's why he counts on the original innovator in pain management solutions, Tommie Copper.
MT. KISCO, N.Y., Aug. 30, 2022 /PRNewswire/ -- Christopher Meloni, award-winning actor and unintentional fitness guru, leads a hectic lifestyle. He never slows down and rarely takes a day off. The ability to quickly and effectively recover is the single most important thing that keeps him going. Enter Infrared & Red Light Therapy devices from Tommie Copper.
"Before Tommie Copper introduced these unique devices, I could only get this type of treatment from a specialist." says Meloni. "Now, I can use this technology wherever and whenever I want, and they really help my muscles recover."
Harnessing the power of 660nm red light and 880nm near-infrared light wavelengths, Tommie Copper's portable LED devices reach deep into muscles and joints, working at the cellular level to enhance muscle recovery and relieve pain. Delivering great results with quick and easy 20-minutes therapy sessions, Infrared & Red Light Therapy devices are changing the game when it comes to at-home recovery routines.
How much of a Tommie Copper believer is Meloni? Well, he's been involved with the company for over 10 years and just signed on for a new television and digital campaign to help spread the word.
"I've been involved with these guys for a long time and I'm so happy to share how important Tommie Copper is to me," says Meloni. He continued, "I really love that Tommie Copper has me covered from head-to-toe when it comes to pain-management solutions, and they're always innovating. Always thinking about what's next."
Meloni's commitment to helping others find the pain relief and recovery methods that will get them back to feeling their best is exactly what makes him such a perfect brand partner for Tommie Copper.
"I'm so proud about the relationship we have with Christopher, and I am thrilled to take it to the next level with our brand partnership," says Sol Jacobs, CEO of Tommie Copper. "I've known Christopher for a long time, and think he's the perfect spokesperson for Tommie Copper. He's been using our products for years, so he knows they're engineered to fight pain and help muscles recover."
ABOUT TOMMIE COPPER
Since launching in 2010, Tommie Copper has built one of the most comprehensive, innovative, and approachable pain-management portfolios in the health and wellness sector. With a stated goal of providing "round-the-clock, head-to-toe relief," Tommie Copper offers an industry-leading product line of compression wear, sleeves, topical analgesics, mattresses, pain-relief devices, and more. With this wide range of effective, convenient, and versatile solutions for everyday pain and discomfort, Tommie Copper delivers on their mission to help customers "live more comfortably every day." Tommie Copper products can be found at QVC, Home Depot, Walmart, Walgreens, and tommiecopper.com.
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SOURCE Tommie Copper
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https://www.kxii.com/prnewswire/2022/08/30/tommie-copper-announces-brand-partnership-with-law-amp-orders-christopher-meloni/
| 2022-08-30T14:58:54Z
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Board member votes against parole for Sherra Wright
NASHVILLE, Tenn. (AP) — A Tennessee Board of Parole member says Lorenzen Wright’s ex-wife should not be granted early release from a 30-year prison sentence she received after pleading guilty to plotting the retired NBA player’s 2010 slaying. Barrett Rich recommended that the board deny parole to Sherra Wright during a hearing at the Nashville prison where she’s been held since she pleaded guilty in July 2019 to facilitation of first-degree murder. The rest of the seven-member board will now review Sherra Wright’s parole case. A final decision will be reached when there are three votes that agree, a process that could take a couple of weeks.
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https://localnews8.com/sports/ap-national-sports/2022/05/11/board-member-votes-against-parole-for-sherra-wright/
| 2022-05-12T02:03:36Z
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GOTHENBURG, Sweden, May 24, 2022 /PRNewswire/ -- Spiro™, the brand experience agency within the GES Collective, has named Beki Winchel Thought Leadership and Innovation Director. In her new position, Winchel will draw upon decades of experience creating, executing and advising marketing, PR and digital media content for companies of all sizes to deliver high-value returns for Spiro clients.
Based in Gothenburg, Sweden, Winchel is part of a global Spiro marketing team reporting directly to Spiro's Chief Marketing Officer, Carley Faircloth. She will be dedicated to boosting brand awareness and showcasing how the agency helps businesses plan and execute events and experiences that unite their audiences, regardless of where in the world they may be, what time zones they're on, or the mediums and ways they choose to engage. Winchel will focus her efforts on creating impactful thought leadership content, strategies and campaigns that encourage innovative conversations, partnerships, and solutions – and ultimately, help Spiro lead positive and meaningful change within the industry.
In fact, Spiro concentrates its efforts on addressing the challenges associated with the NEW NOW™, or the changed face of the event management industry brought on by the pandemic. Much of this involves shifting companies' mindsets away from hosting one-off events that occur in a single location to orchestrating physical, virtual and hybrid events and experiences that allow them to connect with their communities on an even broader scale.
" 'Attending' an event no longer means what it once did, and consumer behavior has irrevocably changed," said Winchel. "Instead of limiting growth and engagement opportunities by viewing brand experiences as only in-person, digital or hybrid, we're showing companies that the future is experiences anywhere, anytime and however people want to participate. For today's consumer, being 'There' for an event is All Real Life, or ARL, and Spiro offers companies the ability to harness this power by creating experiences wherever their customers' 'There' is."
Prior to her time at Spiro, Winchel worked as Learning Content and Research Developer at PCMA, a professional convention management association. There, she worked with a wide range of well-known names, including Destination Canada, Visit Louisville, Marriott International and Hilton Hotels & Resorts. She also honed her skills at the likes of Ragan Communications and consulting for other companies, creating editorial, sponsored and event programming content featuring thought leadership from Estée Lauder, PayPal, Nike, NBC Universal, The Absolut Company, MSNBC, Microsoft, Facebook and AstraZeneca, among multiple others.
"Beki's broad experience and knowledge of global markets is a major strength for the Spiro team and a major asset for our clients," Faircloth said. "We're eager to see what she brings to the table and how she draws upon her global perspective to foster innovation throughout Europe and across the globe."
For more about Spiro and how we are disrupting and innovating the global events industry, check out ThisIsSpiro.com.
Media Contact:
Jenn Joseph
The Encore Agency
602-329-8040
Jenn@TheEncoreAgency.com
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https://www.mysuncoast.com/prnewswire/2022/05/24/spiro-an-experiential-marketing-agency-under-ges-collective-appoints-beki-winchel-thought-leadership-amp-innovation-director/
| 2022-05-24T14:24:45Z
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Police released body cam video of 2017 fatal shooting
By Greg Dailey
Click here for updates on this story
KANSAS CITY, Missouri (KCTV) — Days after a mistrial was declared in the case of the fatal shooting by a police officer, the Leavenworth Police Department has released body camera video of the incident.
Officer Matthew Harrington had been indicted in the deadly 2017 shooting of Antonio Garcia.
WARNING: The video of the fatal shooting is graphic in nature.
The most compelling portion of the video was the last 28 seconds leading to Garcia’s death.
In the video, Harrington is seen approaching Garcia.
“So what’s going on man?”
The video was recorded on July 11th, 2017, the day when Matthew Harrington was first called to the Garcia home. In one part of the video, the Officer is seen approaching the home and speaking with a family member. Harrington is told about an argument.
“All I know is if he comes back they’re probably going to have problems again,” said the family member in the video.
Shortly after, Harrington is seen walking up to Garcia, sitting in an SUV.
“What’s going on man?” said Harrington.
“Me and my wife are having a disagreement,” said Garcia, quickly shutting the door on the officer.
Garcia shuts the door on Harrington several times. Garcia is also warned by Harrington to put away a knife he’s seen holding and exit the car. Garcia does not comply and it ends in a hail of deadly gunfire.
“I have concluded that it is in the public interest to release the officer-involved Shooting videos from Former Officer Mathew Harrington and Antonio Garcia, Jr.,” Chief Patrick Kitchens of Leavenworth Police Department said.
“It’s a decision that the city and the chief made and I respect the Chief,” said Todd Thompson, Leavenworth County Attorney.
Thompson says normally releasing any evidence is never beneficial to a case.
“I trust our justice system I trust our community and I trust our citizens and I trust that we’re going to be able to find through the vetting process who gets called in the jury selection process,” said Thompson.
Antonio’s Widow, Heather Garcia issued the following statement through her attorney after the video release.
“Mrs. Garcia appreciates that the body cam video from the night her husband was needlessly killed is finally being made public. However, She remains deeply troubled by the lack of transparency exhibited by the police and prosecutors throughout this ordeal. As the public can now see, It is difficult to imagine how anyone could conclude that officer Harrington’s actions were reasonable and she remains committed to seeking justice for Antonio. She asks for understanding as she and her family continue to try and heal from this tragic loss.
Ken Barnes, Barnes Law Firm, LLC Now as the public will view some of the key evidence in the case, Thompson reminded that the case is not closed yet.
“It’s a pending case and Mr. Harrington is still innocent until proven guilty and he hasn’t been proven either way,” said Thompson.
The county attorney also said he is re-evaluating whether he will seek another trial.
“We just spent a lot of time preparing and having a trial it’s something we have to take into consideration with what the jury decided.”
Garcia’s family filed a wrongful death lawsuit, which the city settled for $1 million.
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.
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https://localnews8.com/cnn-regional/2022/04/23/police-released-body-cam-video-of-2017-fatal-shooting/
| 2022-04-23T21:08:35Z
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Red Sox climbing out of early hole with much-needed streak
By NOAH TRISTER
AP Baseball Writer
The Boston Red Sox needed a winning streak like this. Their slow start was exacerbated by the fact that the first-place Yankees were threatening to pull away in the AL East. But the Red Sox have now won five in a row after sweeping Seattle. Trevor Story has five homers in the last four games. The Red Sox are still three games under .500 and 10 games behind division-leading New York, but Boston is only three games out of a wild card, and the team’s run differential is in positive territory.
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https://localnews8.com/sports/ap-national-sports/2022/05/23/red-sox-climbing-out-of-early-hole-with-much-needed-streak/
| 2022-05-23T10:26:24Z
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Participants Can Enter for a Chance To Win a Three-Night Stay at any Staypineapple Hotel and a Nintendo Switch™ Prize Pack
BELLEVUE, Wash., July 18, 2022 /PRNewswire/ -- Staypineapple, a hospitality company based in the Pacific Northwest, is getting their game on by launching the GOTTA GETAWAY AND PLAY promotion that runs through September 2, 2022, and features a sweepstakes and check-out program.
"We're excited to celebrate summer by creating a memorable experience that combines the fun of playing games on the Nintendo Switch system with a stay at one of our unique boutique hotels," said Steve Allison, Vice President of Revenue and Distribution for Staypineapple.
GOTTA GETAWAY AND PLAY participants can enter for a chance to win one of 10 three-night hotel stays at any Staypineapple Hotel and a Nintendo Switch prize pack. Included in the prize pack is a Nintendo Switch – OLED Model system and download codes for digital versions of the Mario Strikers: Battle League, Animal Crossing: New Horizons, and Mario Kart 8 Deluxe games.
To enter the GOTTA GETAWAY AND PLAY Sweepstakes, entrants can complete the registration form on the contest page at staypineapple.com or visit any Staypineapple hotel and fill out an entry card.
Staypineapple hotel guests also have the opportunity to play while they stay this summer. They can level up their vacation game by checking out a Nintendo Switch – OLED Model system which is the latest member of the Nintendo Switch family of systems. Guests will have the opportunity to check out a system that is pre-loaded with Mario Strikers: Battle League, Kirby and the Forgotten Land, and Mario Kart 8 Deluxe with the Mario Kart 8 Deluxe – Booster Course Pass DLC*.
For full terms and conditions of the GOTTA GETAWAY AND PLAY Sweepstakes and information on the Check-Out Program, please visit staypineapple.com.
*Full version of game required to use DLC. Content will release in 6 waves of 8 courses until the end of 2023.
No purchase necessary. Winners will be announced on or around September 7, 2022. Last Day for entries is
September 2, 2022. Nintendo is not a sponsor, co-sponsor or administrator of this sweepstakes.
About Staypineapple
Staypineapple is a brand of upscale, out-of-the-ordinary boutique hotels in urban markets nationwide, owned and managed by Pineapple Hospitality, based in Bellevue, Wash. Focused on thoughtful service and design, with an uncanny knack for anticipating needs, the dog-friendly hotels wholeheartedly embrace the pineapple's symbol of hospitality and joy. For more information or to make a reservation, visit Staypineapple.com or call (866) 866-7977. Follow Staypineapple on Instagram, Facebook, and Twitter.
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SOURCE Pineapple Hospitality
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https://www.wibw.com/prnewswire/2022/07/18/staypineapple-launches-gotta-getaway-play-promotion/
| 2022-07-18T16:22:36Z
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WASHINGTON (AP) — Vice President Kamala Harris will lead the U.S. delegation to the state funeral of former Japanese Prime Minister Shinzo Abe later this month, the White House announced Wednesday.
Harris will also visit South Korea on the Sept. 25-29 trip.
The White House said “her visit will honor the legacy of Prime Minister Abe and underscore the importance of his leadership in championing the alliance between the United States and Japan and advancing a free and open Indo-Pacific.”
The trip marks Harris’ first official visits to both countries since taking office last year. Harris is set to meet with senior government officials and civil society leaders, and the White House said she will raise economic, trade and security interests during her trip.
Abe was shot to death in July on a street in western Japan by a gunman who opened fire on him from behind as he delivered a campaign speech. The 67-year-old Abe was Japan’s longest-serving leader when he resigned in 2020.
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https://cw33.com/news/politics/ap-politics/ap-harris-to-lead-us-delegation-to-japan-for-abes-funeral/
| 2022-09-08T17:04:10Z
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Walker’s HR, 3 RBIs lead Diamondbacks past Marlins 5-4
MIAMI (AP) — Christian Walker had a homer, double and three RBIs, and Arizona Diamondbacks held on to beat the Miami Marlins 5-4. Arizona starter Humberto Castellanos completed his longest outing of the season, pitching 5 2/3 scoreless innings. He allowed four hits and struck out four. Pavin Smith also homered and Ketel Marte drove in two runs for the Diamondbacks, who have won six of eight. The Marlins have lost two in a row after a seven-game winning streak. Miami rallied from a 5-0 deficit with four runs in the seventh for the second straight game.
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https://localnews8.com/sports/ap-national-sports/2022/05/03/walkers-hr-3-rbis-lead-diamondbacks-past-marlins-5-4/
| 2022-05-04T05:05:29Z
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OCALA, Fla., June 10, 2022 /PRNewswire/ -- HiBid.com facilitated the sale of more than half a million lots in auctions running from May 30th through June 6th. An average of 1.51 million bids per day were placed in a combined total of 1,375 online-only and webcast auctions. In total, the auctions brought in over $38.4 million in gross auction proceeds.
Items now up for bidding include jewelry, watches, artwork, gold and silver coins and bullion, furniture, and an incredible range of overstock merchandise for household and yard.
HiBid.com brings buyers and sellers together every day with a wide-ranging selection of items across hundreds of categories that appeal to bidders worldwide. HiBid is fully integrated with Auction Flex 360, providing auctioneers with a comprehensive auction management solution that supports internet-only auctions, webcast auctions, and absentee bidding.
May 30th-June 6th HiBid.com Highlights
GAP: $38,423,022
Lots Sold: 533,477
Online-Only Auctions: 1,278
Webcast Auctions: 97
Average Bidders Per Day: 930,000
Average Bids Per Day: 1.51 million
Current Auctions
The following list includes a small sample from the hundreds of auctions currently open for bidding on HiBid.com. Site visitors can click the Find Auctions menu at the top of the HiBid.com homepage for links to the Featured and Hot auctions, such as those listed below, or use the search box to find auctions nearby.
Luxury Estate Sale Featuring Furniture and Collectibles
Auction Type: Online-Only
Dates: June 3rd-10th
Seller: Wayne Wheat Auctioneers
View Auction Items
Quality Jewelry Plus Gold and Silver Coins and Bullion
Auction Type: Online-Only
Dates: June 8th-14th
Seller: AAbids.com
View Auction Items
Overstock General Merchandise Auction
Auction Type: Online-Only
Dates: June 4th-18th
Seller: United Auctions Unlimited
View Auction Items
If you're looking to sell through HiBid.com, click here to describe what you wish to sell, and a local HiBid auctioneer will help you get started.
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About HiBid and Auction Flex
HiBid is an online auction platform supporting webcast auctions, internet-only auctions, and internet absentee bidding. It is also available as a private-label solution. HiBid is integrated with Auction Flex, the market leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, and multi-parcel. HiBid and Auction Flex were built from the ground up to function together seamlessly.
Contact Us
352-414-1947
sales@auctionflex.com
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https://www.mysuncoast.com/prnewswire/2022/06/10/over-384-million-sold-through-hibidcom-last-weeks-auctions-with-jewelry-gold-bullion-more-now-up-bidding/
| 2022-06-10T17:39:40Z
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HERNDON, Va., May 31, 2022 /PRNewswire/ -- Nacha announced today the addition of Evolve Bank & Trust as a Nacha Direct Financial Institution Member.
Nacha now has 44 Direct Members, consisting of financial institutions and Payments Associations (PAs) that represent almost all financial institutions across the United States.
"On behalf of Nacha and its Board of Directors, we welcome Evolve Bank & Trust as a Direct Member and look forward to partnering with them to advance and grow the modern ACH Network," said Jane Larimer, President and CEO of Nacha. "Evolve Bank & Trust joins other Direct Members to shape and influence the governance and direction of the ACH Network and the Nacha Operating Rules."
Nacha's Direct Members vote directly on Nacha Operating Rules ballots, participate in the Nacha rulemaking process and have the ability to nominate, elect and serve on Nacha's Board of Directors to help provide vision and leadership for the ACH Network and the organization's future. In addition, Direct Members receive exclusive updates on potential and upcoming Nacha Rules, and the latest information and strategy pertaining to the ACH Network.
"Nacha plays an important role in the payments industry as a unifier of a multitude of users. From financial institutions, non-financial institutions, business and consumers, the ACH Network is relied upon by many on a daily basis," said Hank Word, President of the Open Banking division at Evolve Bank & Trust. "By Evolve joining as a Nacha Direct Member, we're proud to show our dedication and support for the ACH Network for the long term."
About Nacha
Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. More than 29 billion ACH Network payments were made in 2021, valued at close to $73 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.
About Evolve Bank & Trust
Evolve Bank & Trust, a technology focused financial services organization and Banking-as-a-Service ("BaaS") provider, is a best-in-class financial institution offering specialized services in Open Banking, Personal and Business Banking, Mortgage, SBA Lending, Physicians Capital, Community Funding and Trust. Evolve has been voted a Top Workplace USA and has been named in Inc. Magazine's 5000 List of the fastest-growing private companies.
Contact:
Dan Roth
Nacha
703-561-3923
droth@nacha.org
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SOURCE Nacha
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https://www.mysuncoast.com/prnewswire/2022/05/31/evolve-bank-amp-trust-becomes-nacha-direct-member/
| 2022-05-31T13:44:41Z
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NEW YORK, April 11, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II (NASDAQ: EMBK) (NASDAQ: EMBKW) (NASDAQ: NGAB) (NASDAQ: NGAB.U) (NASDAQ: NGAB.WS) between January 12, 2021 and January 5, 2022, inclusive (the "Class Period"), of the important May 31, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Embark securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Embark class action, go to https://rosenlegal.com/submit-form/?case_id=4934 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Embark had performed inadequate due diligence into Embark Trucks Inc. ("Legacy Embark"); (2) Legacy Embark and the Company, following the November 2021 merger of Legacy Embark and Northern Genesis Acquisition Corp. II (the "Business Combination"), held no patents and an insignificant number of test trucks; (3) accordingly, Embark had overstated its operational and technological capabilities; (4) as a result of all the foregoing, Embark had overstated the business and financial prospects of the Company post-Business Combination; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Embark class action, go to https://rosenlegal.com/submit-form/?case_id=4934 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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https://www.kxii.com/prnewswire/2022/04/11/rosen-top-ranked-investor-counsel-encourages-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-embk-embkw-ngab-ngabu-ngabws/
| 2022-04-11T22:22:18Z
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CBM Responds to Critical Lack of Cell Therapy Manufacturing Supply by Adding Capacity for More than 10,000 Patients
KING OF PRUSSIA, Pa., June 14, 2022 /PRNewswire/ -- The Center for Breakthrough Medicines (CBM) in partnership with the Discovery Labs announced today the acceleration of plans to build capacity to manufacture more than 10,000 patient therapies in direct response to the critical shortage of cell therapy supply, which will help patients win their courageous battles against cancer.
"We are acutely aware of the importance of getting these lifesaving therapies to patients immediately," said Joerg Ahlgrimm, Chief Executive Officer of Center for Breakthrough Medicines. "We share their race against time and apply extreme urgency to everything we do. There is a critical shortage of cell therapy manufacturing in the world forcing doctors to make heartbreaking decisions resulting in patient deaths that could be avoided. We focus every day on our patients and their families, so the intense urgency of our mission is never compromised."
Planning has begun on a massive expansion of CBM's cell therapy manufacturing suites and supporting infrastructure which when completed will have the ability to produce treatments for more than 10,000 patients per year, the largest in the world. While a final cost has yet to be determined, the expansion is expected to cost hundreds of millions of dollars over the coming years.
CBM is currently providing process development, analytical development and testing capabilities with extensive viral vector, cell therapy and plasmid DNA manufacturing coming online monthly.
"Everyone at CBM works to save lives. This decision not only provides critically needed manufacturing capacity but also emphasizes CBM's unwavering commitment to deliver advanced therapies for patients in need," said John Lee, Vice President and Head of Cell Therapy at CBM. "CBM's steadfast commitment to the patient is underscored by this decision."
CBM's facility will manufacture cell therapies across indications including oncology immunotherapies and regenerative medicine applications. The state-of-the-art facilities will be forward engineered with modular designs to adapt an array of cell types, manufacturing processes, and capacity demands to maximize efficiency while minimizing costs. To further enable next-generation cell therapies, the CBM team will implement rapid autologous manufacturing, high-fidelity gene-editing capabilities, and fully automated processes prior to the facility coming online.
CBM is working with multiple academic institutions and innovator companies to advance these critical modalities, lower cost, shorten timelines and scale manufacturing of approved therapies so that all patients can receive treatment.
About The Center for Breakthrough Medicines
CBM is a cell and gene therapy contract development and manufacturing organization (CDMO) based in the heart of Philadelphia's Cellicon Valley. CBM offers pre-clinical through commercial manufacturing capabilities including process development, plasmid DNA, viral vector manufacturing, cell banking, cell processing, and a full suite of complimentary testing and analytical capabilities. Through a single-source, end-to-end solution, CBM accelerates time to market without compromising quality.
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https://www.kxii.com/prnewswire/2022/06/14/center-breakthrough-medicines-accelerates-plans-build-largest-cell-therapy-manufacturing-operation-world/
| 2022-06-14T17:21:57Z
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NORTH BERWICK, Scotland (AP) — Xander Schauffele played all the right bounces and made all the key putts until the final two holes Saturday in the Scottish Open and then felt as though he had to settle for a two-shot lead.
Right when he was starting to pull away from the field, Schauffele closed with a pair of bogeys at The Renaissance Club that made it difficult to appreciate an otherwise stellar round. He matched the low score of the windy day with a 4-under 66.
And then he headed straight to the range.
“I had pretty much everything going,” Schauffele said. “I was judging the bounces well and making the putts I needed to and getting up-and-down when I was missing the green. Six birdies through 16, no complaints. And a tough finish.”
Schauffele was at 7-under 203, two ahead of Rafa Cabrera Bello of Spain, who had a 67 and boosted his hopes of getting one of three spots into the British Open next week at St. Andrews.
Jordan Spieth had two eagles on the back nine, one of them with a lob wedge from just over 100 yards on the 15th hole, and had a 66 that put him right in the mix. Spieth was three shots behind in a group that included fellow Texan Ryan Palmer.
Cameron Tringale has been sliding since he opened with a 61 in relatively benign conditions along the Firth of Forth. He went from a three-shot lead to a five-shot deficit. Tringale had an eagle on the third hole and nothing but pars and bogeys the rest of the way for a 74.
Schauffele was dogged for the longest time for not having a PGA Tour title of his own since the start of 2019. He did have an Olympic gold medal from Tokyo last summer, and he partnered with Patrick Cantlay to win the PGA Tour’s team event in New Orleans.
Now the 28-year-old Californian might be hitting his stride. He is coming off a victory two weeks ago at the Travelers Championship, with one eye toward the final major of the year on the Old Course at St. Andrews.
“You see players do it all the time. You get in the good swing of things, start to get comfortable seeing certain shots and seeing certain putts go in,” Schauffele said. “Players always have good stretches and I’m trying to make this one of my best.”
He was ahead by as many as four shots until he tugged his tee shot on the par-3 17th and it rolled down a ridge and off the green. On the tough closing hole into the wind, he pulled his tee shot into the rough, went behind a pair of bunkers and missed a 10-foot par putt.
Schauffele still found some perspective. He thought he was in big trouble on the 11th hole when his tee shot sailed well to the right toward knee-high native grass. Fearing it might be lost, he hit another one. The original shot was found and he wound up making birdie.
“I hit a provisional tee ball on 11 and made birdie. That doesn’t happen too often,” he said.
Cabrera Bello, the former Ryder Cup player from Spain who has fallen to No. 159 in the world, is well aware that three players from the top 10 not already exempt for the British Open will earn a trip to St. Andrews. He’s close enough to Schauffele to think about winning, something he had done only once in the last five years.
Cabrera Bello began the back nine eagle-birdie-birdie-birdie that turned his fortunes and put him in the final group Sunday.
Palmer is also in position to contend and at least get to St. Andrews. It was worth him flying over to Scotland to try to get in the British Open.
“Has not been a great year, but I knew coming in here if I played well and gave myself a chance I could possibly get one of those three spots,” Palmer said. “So I’ve done that. I’m here. And you know, I’m going to go out and try to win this golf tournament.”
It’s crowded at the top if Schauffele falters. Spieth was joined at 4-under 206 by Palmer and Jordan Smith of England, with U.S. Open champion Matt Fitzpatrick in the group five behind.
As for the three British Open spots, Rickie Fowler remained in range after a wild finish. He erased a double bogey on the 14th hole by going birdie-eagle, only to bogey the last two. That gave him a 71. He was six shots behind.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/schauffele-has-2-shot-scottish-lead-seeks-2nd-straight-win/
| 2022-07-10T16:32:34Z
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squawkbox@albanyherald.com
I see where Albany Tech is giving away baby formula. It is being handled by the Special Population Office of the school. What in the world is a Special Population Office? All of this free stuff ... is Albany Tech getting a little out of hand? I mean it is taxpayers’ money.
Herschel Walker for College Hall of Fame. Raphael Warnock for Senator from Georgia. That is the way I see it.
I turn to this feature every day hoping against hope there will be at least a little intelligent discourse. But everyone has to be so clever and sarcastic, because that’s what our community has become. Here’s an idea, if you can’t recognize the good in ANYTHING, curl up in a ball and die already. You’re breathing up good air.
Yeah, how can you call your dog and pony show legitimate when you give an award to a person who has been dead for two years? You take away any legitimacy when you recognize this person as best anything when she obviously was not.
Reservedly watched YouTube’s “The Part of History You’ve Always Skipped: Neo Slavery.” Unsettling. Of all species on earth, the heart of mankind alone can possess such capacity for depravity; whether greed, slavery, you, me, here, there, Hitler, or Putin. Humanity does not need an apology or solution but a savior.
Congratulations to Kathaleena Monds for her Woman of Color award. When and where are the white woman awards?
The Democrats continue to lie about inflation, trying to convince everybody that inflation is improving. They are lying, as inflation is not getting better.
Republicans in congress have no plans to help Americans with affordable health care, education, family leave and child care. So instead they enrage their supporters with cultural issues. Pathetic.
What exactly are “Trumpsters” lying about? Russia collusion? Nope. Durham report proves that. Biden and Co. colluding with China and Russia? Hunter’s laptop proves that. Just two instances, but there is proof of other illegal activities, too. Do Dems look in the mirror while you type your squawks?
Federal law, known as the anti-nepotism law, is violated and circumvented constantly. Has anyone ever checked the number of family members holding federal jobs? It is a tit-for-tat game among members to employ colleagues’ family members. They also illegally use campaign funds. Folks, they are not going to investigate themselves.
Inflation is happening worldwide. Biden’s policies did not cause their inflation nor did he cause our inflation. It’s simple math, more demand than available supply. Trumpsters, keep up.
I had a paper route as a boy. It was one of the great experiences of that part of my life. It’s sad that that is going away. I feel for you guys having to count on USPS to do their job.
Pat-Riot where is Hershel’s money coming from? Read the rest of the Herald if you would. Seems that, as usual, his financials are distorted. Since you are so adept at research, see if you can follow the money. Walker has weaved a real web on this one. A true Trump protegee. Where is Waldo in this picture? Do your work on Kemp as well.
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https://www.albanyherald.com/features/squawkbox/article_1aee7372-c62a-11ec-a792-cf8a9edb868d.html
| 2022-04-27T22:19:32Z
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ISLAMABAD (AP) — The International Monetary Fund said Thursday it had reached a preliminary agreement with Pakistan to revive a $6 billion bailout package for this impoverished Islamic nation, which has been facing a serious economic crisis since last year.
Pakistan and the IMF originally signed the accord in 2019. But the release of a slightly over $1 billion tranche had been on hold since earlier this year. That’s when the IMF expressed concern about Pakistan’s compliance with the conditions of the bailout under former Prime Minister Imran Khan. The parliament ousted him through a no-confidence vote in April.
Under newly elected Prime Minister Shahbaz Sharif, the government has been in talks with the IMF since May, to avoid a default like Sri Lanka’s.
“The Agreement with the Fund has set the stage to bring country out of economic difficulties,” Sharif wrote on Twitter.
In recent weeks, Pakistan’s government imposed additional taxes and slashed subsidies on fuel, electricity and natural gas to meet IMF’s conditions. That made the government highly unpopular, but Sharif says the actions were necessary.
In a statement Thursday, the fund said it has “reached a staff-level agreement (SLA) with the Pakistan authorities.” It added that the deal is “subject to approval by the IMF’s Executive Board.”
It said Pakistan will be eligible to receive a critical installment of about $1.17 billion.
According to the statement, the IMF will also raise the value of the bailout from $6 billion to $7 billion subject to approval from the IMF’s executive board, which is usually considered a formality.
Finance Minister Miftah Ismail blamed Khan for creating a Sri Lanka-like situation in Pakistan. Ismail has said Khan deliberately violated IMF’s conditions to remain popular.
Analysts say the revival of the IMF’s bailout will help the government overcome the economic crisis because the release of installment of loans from the fund will encourage other international financial institutions to engage with Pakistan.
Authorities say Sharif’s government also approached Washington for help reviving the IMF’s bailout. Khan since his removal has repeatedly alleged his government was toppled under a U.S. plot, a charge Washington denies.
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https://cw33.com/news/international/ap-international/imf-reaches-deal-with-pakistan-to-revive-6b-bailout/
| 2022-07-14T19:01:36Z
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(The Hill) — Veteran sportscaster Bob Costas criticized unvaccinated MLB players who were required to recently sit out games in Canada due to vaccination requirements.
Costas noted during an interview on CNN that 10 players from the Kansas City Royals were recently required to forgo four games in Canada against the Toronto Blue Jays because of COVID-19 vaccination requirements, including outfielder Andrew Benintendi.
He also mentioned St. Louis Cardinals first baseman Paul Goldschmidt and third baseman Nolan Arenado who were also ineligible to play in several recent games against the Blue Jays.
“So leave aside any medical opinion, leave aside the politics of it. This is a team sport,” Costa said during the interview.
“We’re not talking about Novak Djokovic on his own, deciding not to get vaccinated in an individual sport. This is a team sport. And no matter whether you agree or disagree with the mandates or any country’s rules and regulations, you are hurting your own team.”
COVID-19 vaccination has been a controversial topic in professional sports since the rollout. Athletes who have refused to get the COVID-19 vaccine have received blowback for their decision to prioritize personal decisions over health and safety protocols and team priorities.
Djokovic, who is unvaccinated, made headlines earlier this year after he was barred from playing in the Australian Open after he refused to comply with the country’s COVID-19 vaccination requirements.
Green Bay Packers quarterback Aaron Rodgers also received criticism over misleading comments he made that suggested he was vaccinated when he was not.
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https://cw33.com/news/nexstar-media-wire/bob-costas-criticizes-unvaccinated-mlb-players-youre-hurting-your-own-team/
| 2022-07-30T19:06:38Z
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Japan to resume tourism in June; only packaged tour for now
By MARI YAMAGUCHI
Associated Press
TOKYO (AP) — Japan will open its borders to foreign tourists in June for the first time since imposing tight pandemic travel restrictions about two years ago, but only for package tours for now. Prime Minister Fumio Kishida says Japan will allow the entry of people on tours with fixed schedules and guides beginning June 10. Tourists from areas with low COVID-19 infection rates who have received three vaccine doses will be exempt from testing and quarantine after entry. Japan this week is hosting small experimental package tours from four countries, Australia, Singapore, Thailand and the United States. That experiment, which involves 50 people who received special visas, not tourist visas, is to end May 31.
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https://localnews8.com/news/ap-national/2022/05/26/japan-to-resume-tourism-in-june-only-packaged-tour-for-now/
| 2022-05-26T14:33:43Z
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CEDARHURST, N.Y., July 13, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Unilever PLC (NYSE: UL), if they purchased the Company's American Depositary Receipts ("ADRs") between September 2, 2020 and July 21, 2021, inclusive (the "Class Period"). Shareholders have until August 15, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-ul/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC
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https://www.mysuncoast.com/prnewswire/2022/07/14/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-unilever-plc-ul/
| 2022-07-14T06:16:35Z
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Ledgebrook, an insurtech MGA startup focusing on middle market E&S, has closed a $4.2M seed round led by Brand Foundry Ventures alongside American Family Ventures
BOSTON, Aug. 16, 2022 /PRNewswire/ -- Ledgebrook, a Boston-based insurtech founded in March, has announced that it raised $4.2M in seed funding to build out its operations with the goal of writing its first policies in Q4 2022. The company plans to start by launching a broad-appetite E&S GL product (with supported excess) to establish its value prop to wholesale brokers ahead of expanding via multiple additional product launches in 2023.
"The E&S markets are ripe for disruption as brokers and customers aren't well served by the slow, unsophisticated quoting processes of legacy players," said Gage Caligaris, Ledgebrook's Founder and CEO. An actuary by training, Gage looks forward to bringing the best in next-gen technology and service to a long-underserved sector of the insurance market: "We're building Ledgebrook specifically for the wholesale broker."
Team Ledgebrook is composed of industry veterans who understand how the lack of automation, limited pricing sophistication and outdated technology platforms can be improved to create better quoting experiences for brokers and better rates for insureds.
Steve Mills, former President of The Hanover's E&S division and 30-year insurance industry veteran, leads the underwriting team while COO Paul Velekei stands up operations leveraging decades of experience building and scaling finance companies.
Ledgebrook's seed round was led by Brand Foundry Ventures with participation from American Family Ventures and 15 angel investors. The startup's seed funding will allow it to build out the team, technology, and operational infrastructure to launch its first product.
"Our team is thrilled to partner with Ledgebrook. They're bringing innovation to E&S that the segment hasn't seen before," said Mike Mansell, Principal at American Family Ventures. "By introducing the powerful combination of cutting-edge technology and deep insurance expertise to E&S, Ledgebrook is set to deliver a best-in-class experience. We're thrilled to partner with the top-notch team at Ledgebrook as they modernize the E&S landscape."
"Team Ledgebrook has a big, bold vision & the tenacity to execute against it," said Brand Foundry partner and Ledgebrook board member Brian Spaly, "Proud to be an early supporter–the sky's the limit for how far they'll go."
About Ledgebrook: Ledgebrook is a tech-enabled E&S MGA looking to provide the fastest, easiest quoting experience to wholesale brokers while delivering best-in-class pricing and risk selection via their innovative next-gen tech stack. Led by insurance industry veterans, the ultimate vision for Ledgebrook is to become a globally diversified re/insurer built from the ground up with modern technology. Visit us at ledgebrook.com.
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SOURCE Ledgebrook
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https://www.wibw.com/prnewswire/2022/08/16/insurtech-ledgebrook-raises-42m-provide-best-in-class-quoting-experience-wholesale-brokers/
| 2022-08-16T14:46:33Z
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After successful growth in a small group of pilot towns, the company expands throughout Fairfield County and the Farmington Valley area
PROVIDENCE, R.I., Aug. 18, 2022 /PRNewswire/ -- One of New England's fastest-growing meal delivery services is expanding its coverage area across Connecticut. Since 2016, Feast & Fettle has hand-delivered fresh, locally prepared meals to busy families and professionals across Rhode Island and Massachusetts who aren't willing to sacrifice quality.
Starting on August 18th, Feast & Fettle's delivery vans will be seen in West Hartford, Avon, Simsbury, and surrounding towns. The Company will also open up several additional towns in Fairfield County such as Trumbull, Ridgefield, Redding, Wilton, Weston, Shelton, and more.
Construction on their new Connecticut facility will be completed in 2023 and will be home to a state-of-the-art commercial kitchen that will serve Connecticut and New York.
"We had to ensure we entered the market in a gradual and thoughtful way. After receiving overwhelmingly positive feedback from our initial members in Greenwich, Darien, and Stamford, we're confident that it's the right time to start introducing the service to more families across the state," stated CEO, Carlos Ventura.
Ventura explains what sets F&F apart from the many options in the booming meal delivery category. "We've carved out a niche, catering to folks today who refuse to settle for meals prepared in factories or delivered frozen," he says. "Our meals are made fresh in the local kitchen and the menus are thoughtfully planned - we simply will not compromise on quality."
Between the meal selections, customer care that responds almost in real-time, and unexpected gifts of appreciation to their members– Feast & Fettle has earned over 400 5-star ratings on Google.
New members in Connecticut can expect a local curated gift in their first order from Le Rouge Chocolates in Westport. "Showing love to our members is important to us," adds Ventura.
Feast & Fettle will also be donating $1 from every order in Connecticut during the launch period to Healing Meals Project in Simsbury.
Founded in 2016, Feast & Fettle is a premium, vertically-integrated meal service. The company prepares and delivers high-quality meals for busy families and professionals across Massachusetts, Rhode Island and Connecticut.
Meals are prepared at local kitchens and distributed by their in-house delivery team. Feast & Fettle is known for its commitment to supporting and the local communities they operate in and contributes $1 of every order to Edesia Nutrition, to help battle malnourishment in children worldwide.
Learn more at https://www.feastandfettle.com
Media Contact: contact@feastandfettle.com
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SOURCE Feast & Fettle
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https://www.mysuncoast.com/prnewswire/2022/08/18/feast-amp-fettle-continues-connecticut-expansion-launching-fairfield-county-west-hartford/
| 2022-08-18T15:42:47Z
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PITTSBURGH, May 16, 2022 /PRNewswire/ -- "I wanted to create a fashionable head covering that could provide a sense of calm and peace," said an inventor, from Indianapolis, Ind., "so I invented SCRAPS. My design could appeal to a variety of wearers including anyone who enjoys hip hop."
The patent-pending invention provides a unique head covering with a serene appearance. In doing so, it could evoke harmony, peace and tranquility. It also enhances fashion and style and it could spark conversation. The invention features a novel design that is easy to wear so it is ideal for individuals age 6 and older. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Indianapolis sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SGM-133, 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
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https://www.wibw.com/prnewswire/2022/05/16/inventhelp-inventor-develops-unique-head-covering-with-serene-look-sgm-133/
| 2022-05-16T17:47:35Z
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