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The partnership brings the classic candy bar flavor to life in a new way, reimagining the limits of coffee
BURLINGTON, Mass. and FRISCO, Texas, July 19, 2022 /PRNewswire/ -- The Original Donut Shop® Coffee today announced its new product innovation, The Original Donut Shop SNICKERS® Coffee K-Cup pods. The newest addition to the coffee portfolio is inspired by the always satisfying, deliciously gratifying flavors of SNICKERS® — creamy milk chocolate, gooey caramel, and just a touch of nuttiness.
"We're excited to unveil a new and delicious coffee flavor that allows our fans to treat their taste buds," said Scott Christensen, Senior Director Brand Marketing, Keurig Dr Pepper. "Inspiring discovery through flavorful coffee experiences is at the core of our brand purpose and The Original Donut Shop SNICKERS® Coffee does just that."
With the press of a button, your Keurig brewer can treat you to a delicious SNICKERS® flavored coffee where the always satisfying candy bar meets the deliciousness of coffee. The light roast, caffeinated blend is certified Orthodox Union Kosher, and each K-Cup® pod delivers a perfectly great-tasting cup of coffee every time.
"At Mars, we are consumer obsessed. So, we are thrilled to team up with The Original Donut Shop® Coffee to deliver a delicious new offering for both SNICKERS® and coffee lovers alike," said Michelle Deignan, Senior Director, Mars Wrigley. "The Original Donut Shop SNICKERS® Coffee combines the satisfying taste of SNICKERS® with a classic roast, which is sure to inspire moments of happiness every morning for consumers in a way only SNICKERS® can deliver on."
The Original Donut Shop SNICKERS® Coffee will be available at major retailers nationwide beginning this summer and is currently available for purchase at Keurig.com and Amazon.
To learn more about The Original Donut Shop® Coffee, visit https://www.keurig.com/content/theoriginaldonutshop and follow @theoriginaldonutshop on Instagram, @OriginalDonutShop on Facebook and @origdonutshop on Twitter.
*Check locally, not recycled in all communities. Packaging may vary.*
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America with annual revenue approaching $13 billion and approximately 27,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability. For more information, visit www.keurigdrpepper.com.
ABOUT MARS, INCORPORATED
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating, and evolving in ways that affirm our commitment to making a positive impact on the world around us.
Across our diverse and expanding portfolio of confectionery, food, and petcare products and services, we employ 133,000 dedicated associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world's best-loved brands including DOVE®; EXTRA®; M&M's®; MILKY WAY®; SNICKERS®; TWIX®; ORBIT®; PEDIGREE®; ROYAL CANIN®; SKITTLES®; BEN'S ORIGINAL™; WHISKAS®; COCOAVIA®; 5™; and take care of half of the world's pets through our nutrition, health and services businesses, including AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, and VCA™.
We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our associates to take action every day to help create a world tomorrow in which the planet, its people and pets can thrive. The Mars Compass, inspired by the Economics of Mutuality, is used to measure the company's progress in service of its purpose--the world we want tomorrow starts with how we do business today.
For more information about Mars, please visit mars.com. Join us on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
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SOURCE The Original Donut Shop | https://www.kxii.com/prnewswire/2022/07/19/original-donut-shop-coffee-mars-turn-everyday-into-delicious-treat-with-satisfying-taste-snickers/ | 2022-07-19T13:45:33Z |
Steve Bannon expects to face new criminal charge in NY
NEW YORK (AP) - Steve Bannon, a longtime ally of former President Donald Trump, said Tuesday that he expects to be charged soon in a state criminal case in New York City.
Bannon, 68, plans to turn himself in on Thursday, according to a person familiar with the matter. The person insisted on anonymity to discuss an ongoing investigation.
The Washington Post, citing anonymous sources, reported that the state criminal case would resemble an earlier attempted federal prosecution, in which Bannon was accused of duping donors who gave money to fund a wall on the U.S. southern border.
That federal case ended abruptly, before trial, when Trump pardoned Bannon.
The Manhattan district attorney’s office declined comment late Tuesday.
In a statement, Bannon said District Attorney Alvin Bragg “has now decided to pursue phony charges against me 60 days before the midterm election,” accusing the Democratic prosecutor of targeting him because he and his radio show are popular among Trump’s Republican supporters.
“The SDNY did the exact same thing in August 2020 to try to take me out of the election,” Bannon said, referring to his arrest months before Trump’s re-election loss.
Federal agents pulled Bannon from a luxury yacht off the Connecticut coast and arrested him on charges he pocketed more than $1 million in wall donations.
“It didn’t work then, it certainly won’t work now,” the former White House strategist said. “This is nothing more than a partisan political weaponization of the criminal justice system.”
Bannon, who had pleaded not guilty, was dropped from the federal case when Trump pardoned him on his last day in office in January 2021.
Two other men involved in the “We Build the Wall” project pleaded guilty in April. They had been scheduled to be sentenced this week, but that was recently postponed to December. A third defendant’s trial ended in a mistrial in June after jurors said they could not reach a unanimous verdict.
A president can only pardon federal crimes, not state offenses, but that doesn’t mean state-level prosecutors have carte blanche to try similar cases.
In 2019, then-Manhattan District Attorney Cyrus Vance Jr. brought state mortgage fraud charges against Trump’s former campaign chairman Paul Manafort in what was widely seen as an attempt to hedge against a possible pardon.
But a judge threw the case out on double jeopardy grounds, finding that it was too similar to a federal case that resulted in Manafort’s conviction. (Manafort was later pardoned by Trump).
While Manafort’s New York case was pending, New York eased its double jeopardy protections, ensuring that state-level prosecutors could pursue charges against anyone granted a presidential pardon for similar federal crimes.
Bannon’s case differs because he was dropped from the federal case in its early stages. In most cases, double jeopardy is only a factor when a person has been convicted or acquitted of a crime.
In another case not covered by Trump’s pardon, Bannon was convicted in July on contempt charges for defying a congressional subpoena from the House committee investigating the Jan. 6 insurrection at the U.S. Capitol. He is scheduled to be sentenced in October and faces up to two years in federal prison.
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Tucker reported from Washington.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/07/steve-bannon-expects-face-new-criminal-charge-ny/ | 2022-09-07T06:25:00Z |
Shareholders with $100,000 losses or more are encouraged to contact the firm
LOS ANGELES, April 22, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Affirm Holdings, Inc. ("Affirm" or the "Company") (NASDAQ: AFRM).
Class Period: February 12, 2021 – February 10, 2022
Lead Plaintiff Deadline: April 29, 2022
If you wish to serve as lead plaintiff of the Affirm lawsuit, you can submit your contact information at www.glancylaw.com/cases/affirm-holdings-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Affirm's buy now, pay later service facilitated excessive consumer debt, regulatory arbitrage, and data harvesting; (2) the foregoing subjected Affirm to a heightened risk of regulatory scrutiny and enforcement action; (3) Affirm maintained inadequate disclosure controls and procedures and internal control over financial reporting; (4) the Company's Tweet contained only selected metrics from its second quarter 2022 financial results, which caused investors to believe that the Company had performed better than it actually did; (5) the Tweet omitted material details, including that Affirm's quarterly loss was $0.57 per share, which was necessary in order to make the statement made not misleading; and (6) as a result of the foregoing, Defendants' public statements were materially false and misleading at all relevant times.
Follow us for updates on LinkedIn, Twitter, or Facebook.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Glancy Prongay & Murray LLP, Los Angeles
Charles Linehan, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
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SOURCE Glancy Prongay & Murray LLP | https://www.mysuncoast.com/prnewswire/2022/04/22/afrm-investors-have-opportunity-lead-affirm-holdings-inc-securities-fraud-lawsuit/ | 2022-04-22T17:09:10Z |
SAVANNAH, Ga. (AP) — The state of Georgia and local governments are giving $1.8 billion in tax breaks and other incentives to Hyundai Motor Group in exchange for the automaker building its first U.S. plant dedicated to electric vehicles near Savannah, according to the signed agreement disclosed Friday.
The deal calls for Hyundai to invest $5.5 billion in its Georgia plant and hire 8,100 workers. It’s the largest economic development deal in the state’s history and comes just months after Georgia closed another major deal with electric vehicle maker Rivian to build a factory in the state.
“Not only do these generational projects solidify our spot at the vanguard of the EV transition, but they also ensure that thousands of Georgians across the state will benefit from the jobs of the future,” Pat Wilson, the state’s economic development commissioner, said in a statement.
Hyundai executives and Gov. Brian Kemp announced the deal in May with a champagne toast at the project’s sprawling 2,900 acre (1,170 hectare) site in Bryan County, west of Savannah. Hyundai plans to start construction on the plant next year and begin producing up to 300,000 vehicles per year in 2025. The new factory also will produce vehicle batteries.
But officials declined to reveal what incentives the automaker had been promised until after the agreement was signed.
The package disclosed Friday is worth roughly $300 million more than incentives promised to Rivian. It amounts to Georgia and four counties in the Savannah area giving Hyundai about $228,000 per job created.
Georgia officials insist it’s a worthwhile investment. Wilson said Hyundai’s payroll at the new plant is expected to reach $4.7 billion over 10 years. Parts suppliers are expected to create thousands of additional jobs in the state.
The $1.8 billion in incentives is easily the largest subsidy package a U.S. state has ever promised for an automotive plant, said Greg LeRoy, executive director Good Jobs First, a group skeptical of subsidies to private companies.
“That’s inherently super-risky,” LeRoy said, “because you’re betting a huge amount on one company and one facility.”
Local governments are giving Hyundai more than $472 million in property tax breaks, though Hyundai will pay more than $357 million in lieu of taxes over a 26-year period starting in 2023.
The company will also receive more than $212 million in state income tax credits, at $5,250 per job over five years. If Hyundai didn’t owe that much state corporate income tax, Georgia would instead give the company personal income taxes collected from Hyundai workers.
The state and local governments spent $86 million to purchase the plant site. And the state will spend $200 million on road construction and improvements, plus $50 million more to help fund construction, machinery and equipment. Sales tax exemptions on construction materials and machinery expenses are estimated to cost $396 million.
Georgia officials say the deal requires Hyundai to pay back a portion of the incentives if the company falls below 80% of promised investment or employment.
Kia, another subsidiary of the Hyundai Motor Group, got more than $450 million in incentives for its plant in West Point, southwest of Atlanta. Georgia has promised SK Innovation $300 million in incentives for a $2.6 billion, 2,600-worker battery plant that the Korean company is building northeast of Atlanta. | https://cw33.com/business/ap-business/hyundai-gets-1-8b-in-aid-to-build-electric-cars-in-georgia/ | 2022-07-23T21:20:00Z |
TAMPA, Fla., June 2, 2022 /PRNewswire/ -- Greenway Health, a leading health information technology services provider, launched Greenway Secure Cloud, a cost-effective, fully bundled, cloud-based electronic health record (EHR) and practice management solution. Greenway Secure Cloud increases the security of patient health information and practice records, eliminates the need to manage software upgrades, and provides scalable, all-inclusive pricing to clients.
Greenway Secure Cloud helps protect against cybersecurity threats by safely managing provider data in a maximum-security center and regularly and consistently patching security concerns in the ever-changing landscape of ransomware and malware attacks.
Greenway Secure Cloud also offers data uptime of 99.9 percent per year with timely automated updates to certify compliance in a regulatory environment that can be challenging for practices to navigate on their own.
"With more than 16 percent of practices experiencing a data breach or ransomware attack in 2021 alone, it is imperative to take a proactive approach to securing patient healthcare information and practice data," said Brian Bobo, Chief Digital Officer and Chief Information Security Officer at Greenway Health. "Greenway Secure Cloud offers our clients a cloud-based system designed to protect against cybersecurity attacks, withstand natural disasters, and ensure compliance with federal regulations so our clients can spend fewer resources on information technology (IT) services and more time with patients."
"With the additional compliance requirements through the 21st Century Cures Act, the rapid increase of cybersecurity attacks in the healthcare industry, and the nationwide shortage of healthcare staff, it is more critical than ever that healthcare practices identify ways to reduce the IT and administrative burden on its employees." said David Cohen, Chief Product and Technology Officer at Greenway Health. "Greenway Secure Cloud gives practices peace of mind with its simplified billing, regular compliance and security updates, and access to all Greenway software solutions."
Working with client feedback, Greenway created Greenway Secure Cloud as an all-inclusive and simplified billing system to relieve the administrative burden on billing staff. The Greenway Secure Cloud bundled solution includes access to all Greenway software including its proprietary Patient Portal, Patient Messaging, Telehealth, Practice Analytics and more.
To learn more about Greenway Secure Cloud, visit https://www.greenwayhealth.com/solutions/cloud-based-ehr-and-practice-management-software.
About Greenway Health
Greenway Health provides electronic health records (EHR), practice management, and revenue cycle management solutions that help practices in multiple specialties grow profitably, remain compliant, work more efficiently, and improve patient outcomes. Its team of clinical, financial, and technology experts serve as trusted advisors, committed to enabling successful providers, empowering patients, and building healthier communities. Greenway works with more than 55,000 providers across multiple specialties, translating into millions of lives touched daily by its solutions. For more information on Greenway and its holistic solutions, visit www.greenwayhealth.com, call 877-537-0063, or follow Greenway on Facebook, Twitter, and LinkedIn.
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SOURCE Greenway Health | https://www.wibw.com/prnewswire/2022/06/02/greenway-health-launches-greenway-secure-cloud-help-reduce-cybersecurity-threats-ensure-regulatory-compliance-simplify-billing-practices/ | 2022-06-02T17:57:12Z |
DUBAI, United Arab Emirates (AP) — A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia’s invasion of Ukraine, the United Nations Development Program said in a report Thursday.
The UNDP estimates that 51.6 million more people fell into poverty in the first three months after the war, living off $1.90 a day or less. This pushed the total number globally at this threshold to 9% of the world’s population. An additional 20 million people slipped to the poverty line of $3.20 a day.
In low-income countries, families spend 42% of their household incomes on food but as Western nations moved to sanction Russia, the price of fuel and staple food items like wheat, sugar and cooking oil soared. Ukraine’s blocked ports and its inability to export grains to low-income countries further drove up prices, pushing tens of millions quickly into poverty.
“The cost of living impact is almost without precedent in a generation… and that is why it is so serious,” UNDP Administrator Achim Steiner said at the launch of the report.
The speed at which this many people experienced poverty outpaced the economic pain felt at the peak of the pandemic. The UNDP noted that 125 million additional people experienced poverty over about 18 months during the pandemic’s lockdowns and closures, compared with more than 71 million who hit poverty in just three months after Russia’s invasion of Ukraine in late February.
“The speed of this is very quick,” said George Molina, UNDP chief economist and author of the report.
Among the 20 countries hit hardest by inflation are Haiti, Argentina, Egypt, Iraq, Turkey, the Philippines, Rwanda, Sudan, Ghana, Kenya, Sri Lanka and Uzbekistan. More people in these countries, some of which have been roiled by political turmoil like Sudan and Sri Lanka, are facing poverty, according to the UNDP. In countries like Afghanistan, Ethiopia, Mali, Nigeria and Yemen, the effects of inflation are felt deeply by those already at the lowest poverty line.
The total number of people living in poverty, or are vulnerable to poverty, stands at over 5 billion, or just under 70% of the world’s population.
In Ghana, where the daily minimum wage is just $1.80 a day, people are struggling under the weight of inflation. Albert Kowfie, a 27 year-old security guard in Accra, Ghana, said a loaf of bread costs the equivalent of over $2 and commuting to work costs another 20 cents.
“It means that by the end of the first week (of work), everything is gone,” he said, expressing frustration at the government for not doing more to alleviate the burden. “I don’t answer my mother’s calls anymore because I know she needs help since she is not on any pension, but what can l do?”
Another U.N. report released Wednesday said world hunger rose last year with 2.3 billion people facing moderate or severe difficulty obtaining enough to eat — and that was before the war in Ukraine.
There is a need for the global economy to step up, Steiner said, adding that there is enough wealth in the world to manage the crisis, “but our ability to act in unison and rapidly is a constraint”.
The UNDP recommends that rather than spending billions on blanket energy subsidies, governments instead target expenditure to reach the most impacted people through targeted cash transfers that can prevent a further 52.6 million people from falling into poverty at $5.50 a day.
For cash-strapped and debt-laden developing countries to achieve this, the UNDP called for an extension of debt payments that had been in place during the pandemic among the world’s richest nations.
Steiner said doing so is not only an act of charity but is also “an act of rational self interest” to avoid other complex trends, such as economic collapse in countries and popular protests already taking place in communities across the world.
The war in Ukraine has roiled a region known as the world’s bread basket. Before the war, Russia was the world’s largest exporter of natural gas and the second biggest exporter of crude oil. Russia and Ukraine combined accounted for almost a quarter of global wheat exports and more than half of sunflower oil exports.
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Associated Press writer Francis Kokutse contributed to this report from Accra, Ghana.
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Follow Aya Batrawy at https://twitter.com/ayaelb | https://cw33.com/news/ap-top-headlines/inflation-pushed-71m-people-into-poverty-since-ukraine-war/ | 2022-07-08T07:13:33Z |
WASHINGTON (AP) — Congressional bargainers announced Wednesday that they have reached a deal on legislation to boost health care services and disability benefits for veterans exposed to toxic burn pits in Iraq and Afghanistan.
The agreement paves the way for passage of a bill that has become the top priority of veterans’ groups seeking to help the increasing number of people with illnesses that they believe are related to toxic exposure.
The top Democratic and Republican lawmakers on the Senate Veterans’ Affairs Committee reached an agreement after months of negotiations. Senate Majority Leader Chuck Schumer, D-N.Y., and House Speaker Nancy Pelosi, D-Calif., quickly threw their support behind the measure. Passage could come in July.
“Our veterans need it, they deserve it, and we have a moral obligation to take care of those who have sacrificed so much for us,” Schumer said.
The House in March passed a version of the bill that the Congressional Budget Office projected would increase federal spending by more than $300 billion over 10 years. It would increase access to VA health care to millions of veterans who served in Iraq and Afghanistan even if they don’t have service-connected disabilities.
The legislation would also presume that certain respiratory illnesses and cancers were related to burn pit exposure, allowing the veterans to obtain disability payments to compensate for their injury without having to prove the illness was a result of their service. Reporting from the Department of Veterans Affairs indicates that nearly 80% of exposure disability claims related to burn pits are denied.
The military routinely disposed of tires, batteries, medical waste and other materials in open burn pits during operations in Iraq and Afghanistan.
Most Republican lawmakers in the House voted against the bill, voicing concerns that the influx of cases would tax an already stressed VA system, leading to longer wait times for health care and the processing of disability claims.
A key difference in the agreement reached by Sens. Jon Tester, D-Mont., and Jerry Moran, R-Kan., is the phase-in period for presuming that certain conditions were caused by toxic exposure. But key elements of the House measure are part of the deal. Pelosi described the two bills as “nearly identical.”
The two senators said that 23 illnesses, including hypertension, would be presumed related to burn pit exposure when it comes to providing disability compensation.
“For far too long, our nation’s veterans have been living with chronic illnesses as a result of exposures during their time in uniform,” Tester and Moran said in a joint statement. “Today, we’re taking necessary steps to right this wrong with our proposal that’ll provide veterans and their families with the health care and benefits they have earned and deserve.”
The two senators said the bill would also affect veterans who served in Vietnam, expanding the number of illnesses presumed related to exposure to Agent Orange to include hypertension. It would also expand the presumption of exposure to the toxic herbicide for veterans who deployed to Thailand, Cambodia, Laos, Guam and American Samoa.
President Joe Biden called on the VA last year to examine the impact of burn pits and other airborne hazards. Karine Jean-Pierre, the new White House press secretary, said Wednesday that passage of the bill “would be a welcome and long-awaited achievement” for veterans. | https://cw33.com/health/ap-health/lawmakers-reach-deal-to-help-veterans-exposed-to-burn-pits/ | 2022-05-19T08:45:04Z |
All financial figures are in Canadian dollars unless otherwise noted
CALGARY, AB, Aug. 2, 2022 /PRNewswire/ - Gibson Energy Inc. announced today its financial and operating results for the three and six months ended June 30, 2022.
"We are pleased to report another solid quarter from both an operational and financial perspective, with both the Infrastructure and Marketing segments performing in-line with our expectations," said Steve Spaulding, President and Chief Executive Officer. "Beyond our consistent financial results in the first half of 2022, we are pleased to have placed the Biofuels Blending Project into service and have seen meaningful progress in our buyback initiative through the repurchase of approximately 1.6% of our outstanding shares, or $60 million, through the second quarter. We are also excited to have recently added Diane Kazarian, who brings extensive audit and risk experience, to our Board. Looking through the balance of the year, in refining our timing expectations of capital sanctions, we now expect to deploy between $100 million and $125 million of growth capital and intend to continue our share repurchases, with the potential to increase amounts allocated towards our buyback initiative as our improving business outlook is realized."
- Revenue of $3,196 million in the second quarter, a $1,521 million or 91% increase over the second quarter of 2021, a result of higher commodity prices increasing contribution from the Marketing segment
- Infrastructure Adjusted EBITDA(1) of $112 million in the second quarter, a $6 million or 5% decrease from the second quarter of 2021, principally due to a $20 million payment for the present value of the remaining term of a rail loading contract benefitting the second quarter of 2021, which was partially offset by non-recurring fees of $5 million within the second quarter of 2022
- Marketing Adjusted EBITDA(1) of $12 million in the second quarter, a $6 million or 33% decrease from the second quarter of 2021, with a weaker environment for the Crude Marketing business partly offset by a stronger contribution from Refined Products
- Adjusted EBITDA(1) on a consolidated basis of $114 million in the second quarter, a $14 million or 11% decrease over the second quarter of 2021, primarily as result of the factors described above
- Net Income of $36 million in the second quarter, a $4 million or 11% increase over the second quarter of 2021, due to higher depreciation expense in the comparative period partly offset by the factors described above
- Distributable Cash Flow(1) of $74 million in the second quarter, a $19 million or 20% decrease from the second quarter of 2021, a result of the factors described above and a slight increase in current income tax expense
- Dividend Payout ratio(2) on a trailing twelve-month basis of 73%, at the lower end of its 70% – 80% target range
- Net Debt to Adjusted EBITDA ratio(2) at June 30, 2022 of 3.0x, at the bottom end of the Company's target range
- Placed the Biofuels Blending Project at its Edmonton Terminal into service on schedule and within budgeted capital on a fixed-fee basis and a 25-year term
- Completed the Fuel Switching Project at the Moose Jaw Facility on schedule and within budgeted capital, increasing throughput capacity to 24,000 bbl/d, or by 10%, while reducing emissions intensity by 15%
- Subsequent to the quarter, announced the addition of Ms. Diane Kazarian to the Company's Board of Directors
- Repurchased 1.5 million shares for an aggregate $40 million in the second quarter, and a total of approximately 2.4 million shares or 1.6% of outstanding shares to date this year
- Performed a review of capital expenditures in 2022, with an updated outlook for growth capital of $100 million to $125 million, given timing of the sanction of certain growth opportunities, and maintenance capital of $25 million to $30 million
- Targeted share repurchases in 2022 of up to $100 million, with the potential to increase if current expectations of business performance are realized, reflecting Gibson's commitment to returning capital to shareholders
- Renewed the Company's principal $750 million syndicated credit facility, which features sustainability-linked terms, extending its maturity into 2027
The 2022 second quarter Management's Discussion and Analysis and unaudited Condensed Consolidated Financial Statements provide a detailed explanation of Gibson's financial and operating results for the three months ended June 30, 2022, as compared to the three and six months ended June 30, 2021. These documents are available at www.gibsonenergy.com and at www.sedar.com.
A conference call and webcast will be held to discuss the 2022 second quarter financial and operating results at 7:00am Mountain Time (9:00am Eastern Time) on Wednesday, August 3, 2022.
The conference call dial-in numbers are:
- 416-764-8659 / 1-888-664-6392
- Conference ID: 31070574
This call will also be broadcast live on the Internet and may be accessed directly at the following URL:
The webcast will remain accessible for a 12-month period at the above URL. Additionally, a digital recording will be available for replay two hours after the call's completion until August 17, 2022, using the following dial-in numbers:
- 416-764-8677 / 1-888-390-0541
- Replay Entry Code: 070574#
Gibson has also made available certain supplementary information regarding the 2022 second quarter financial and operating results, available at www.gibsonenergy.com.
Gibson Energy Inc. ("Gibson" or the "Company") (TSX: GEI), is a Canadian-based liquids infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products. Headquartered in Calgary, Alberta, the Company's operations are focused around its core terminal assets located at Hardisty and Edmonton, Alberta, and include the Moose Jaw Facility and an infrastructure position in the U.S.
Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange. For more information, visit www.gibsonenergy.com.
Certain statements contained in this press release constitute forward-looking information and statements (collectively, forward-looking statements). These statements relate to future events or future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate", "plan", "aim", "target", "contemplate", "continue", "estimate", "expect", "intend", "propose", "might", "may", "will", "shall", "project", "should", "could", "would", "believe", "predict", "forecast", "pursue", "potential" and "capable" and similar expressions are intended to identify forward-looking statements. The forward-looking statements reflect Gibson's beliefs and assumptions with respect to, among other things, future operating and financial results, future growth in worldwide demand for crude oil and petroleum products; crude oil prices; no material defaults by the counterparties to agreements with Gibson; Gibson's ability to obtain qualified personnel, owner-operators, lease operators and equipment in a timely and cost-efficient manner; the regulatory framework governing taxes and environmental matters in the jurisdictions in which Gibson conducts and will conduct its business; operating costs; future capital expenditures to be made by Gibson; Gibson's ability to obtain financing for its capital programs on acceptable terms; the Company's future debt levels; the impact of increasing competition on the Company; the impact of changes in government policies on Gibson; the impact of future changes in accounting policies on the Company's consolidated financial statements; the demand for crude oil and petroleum products and Gibson's operations generally; the Company's ability to successfully implement the plans and programs disclosed in Gibson's strategy, including advancing energy transition-aligned opportunities and its sustainability and ESG goals and other assumptions inherent in management's expectations in respect of the forward-looking statements identified herein.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although Gibson believe these statements to be reasonable, no assurance can be given that the results or events anticipated in these forward-looking statements will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. Actual results or events could differ materially from those anticipated in these forward-looking statements as a result of, among other things, risks inherent in the businesses conducted by Gibson; competitive factors in the industries in which Gibson operates; prevailing global and domestic financial market and economic conditions; world-wide demand for crude oil and petroleum products; volatility of commodity prices, currency, inflation and interest rates fluctuations; product supply and demand; operating costs and the accuracy of cost estimates; exposure to counterparties and partners, including ability and willingness of such parties to satisfy contractual obligations in a timely manner; future capital and growth expenditures; capital expenditures by oil and gas companies; production of crude oil; decommissioning, abandonment and reclamation costs; changes to Gibson's business plans or strategy; Gibson's plans to repurchase shares and the amount thereof; ability to access various sources of debt and equity capital, generally, and on terms acceptable to Gibson; changes in government policies, laws and regulations, including environmental and tax laws and regulations; competition for employees and other personnel, equipment, material and services related thereto; dependence on certain key suppliers and key personnel; reputational risks; acquisition and integration risks; capital project delivery and success; risks associated with Gibson's use of technology; ability to obtain regulatory approvals necessary for the conduct of Gibson's business; the availability and cost of employees and other personnel, equipment, materials and services; labour relations; seasonality and adverse weather conditions, including its impact on product demand, exploration, production and transportation; inherent risks associated with the exploration, development, production and transportation of crude oil and petroleum products; risks related to widespread epidemics or pandemic outbreaks, including the COVID-19 pandemic and government responses related thereto, and the impact thereof to the other risks inherent in the businesses conducted by Gibson; risks related to actions of OPEC and non-OPEC countries, including the effect thereof on the demand for crude oil and petroleum products and commodity prices; and political developments around the world, including the areas in which Gibson operates, the development and performance of technology and new energy efficient products, services and programs including but not limited to the use of zero-emission and renewable fuels, carbon capture and storage, electrification of equipment powered by zero-emission energy sources and utilization and availability of carbon offsets, many of which are beyond the control of Gibson. Readers are cautioned that the foregoing lists are not exhaustive. For an additional discussion of material risk factors relating to Gibson and its operations, please refer to those included in Gibson's Annual Information Form dated February 22, 2022 as filed on SEDAR and available on the Gibson website at www.gibsonenergy.com.
For further information, please contact:
Mark Chyc-Cies
Vice President, Strategy, Planning & Investor Relations
Phone: (403) 776-3146
Email: mark.chyc-cies@gibsonenergy.com
This press release refers to certain financial measures that are not determined in accordance with GAAP, including non-GAAP financial measures and non-GAAP financial ratios. Readers are cautioned that non-GAAP financial measures and non-GAAP financial ratios do not have standardized meanings prescribed by GAAP and, therefore, may not be comparable to similar measures presented by other entities. Management considers these to be important supplemental measures of the Company's performance and believes these measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in industries with similar capital structures.
For further details on these specified financial measures, including relevant reconciliations, see the "Specified Financial Measures" section of the Company's MD&A for the three and six months ended June 30, 2022 and 2021, which is incorporated by reference herein and is available on Gibson's SEDAR profile at www.sedar.com and Gibson's website at www.gibsonenergy.com.
a) Adjusted EBITDA
Noted below is the reconciliation to the most directly comparable GAAP measures of the Company's segmented and consolidated adjusted EBITDA for the three and six months ended June 30, 2022 and 2021:
b) Distributable Cash Flow
The following is a reconciliation of distributable cash flow from operations to its most directly comparable GAAP measure, cash flow from operating activities:
c) Dividend Payout Ratio
d) Net Debt To Adjusted EBITDA Ratio
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SOURCE Gibson Energy Inc. | https://www.kxii.com/prnewswire/2022/08/02/gibson-energy-announces-2022-second-quarter-results/ | 2022-08-02T20:59:50Z |
The Overlook at Johnstown Farms: Now selling from the low $500s
JOHNSTOWN, Colo., Aug. 25, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, is excited to announce the Grand Opening of The Overlook at Johnstown Farms, the company's new offering in Johnstown, CO. Now selling from the low $500s, the community boasts a versatile lineup of single- and two-story floor plans with striking architecture, designer finishes, included smart home technology and more.
Residents will also love an idyllic location, offering a small-town feel with quick access to I-25 and surrounding Northern Colorado hubs like Fort Collins, Greeley, Longmont, and Loveland. In addition, the area features close proximity to educational institutions—like Colorado State University, the University of Northern Colorado, and Front Range Community College—along with outdoor recreation at popular destinations like Carter Lake, Boyd Lake State Park, and Horsetooth Reservoir.
Learn more and view available homes at www.CenturyCommunities.com/JohnstownFarms.
More About The Overlook at Johnstown Farms:
- 121 homesites
- 6 ranch and two-story floor plans with brand-new, exclusive exterior designs
- 2 to 4 bedrooms, 2 to 3 bathrooms, 2- to 3-bay garage
- 1,661 to 2,410 square feet
- Front yard landscaping, Whirlpool® appliances, Century Home Connect® smart home package and more included
- Optional basement on select floor plans
Sales Center:
528 Crestone Street
Johnstown, CO 80524
For more information or to schedule an appointment, call 303.268.8364.
DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
Century Communities is proud to feature its industry-first online homebuying experience on all available homes in the Colorado market.
How it works:
- Shop homes at CenturyCommunities.com
- Click "Buy Now" on any available home
- Fill out a quick Buy Online form
- Electronically submit an initial earnest money deposit
- Electronically sign a purchase contract via DocuSign®
Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.
About Century Communities
Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.
For information, contact:
Alyson Benn
Century Communities, Inc.
303-558-7352
Alyson.Benn@centurycommunities.com
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SOURCE Century Communities, Inc. | https://www.wibw.com/prnewswire/2022/08/25/century-communities-announces-121-homesites-johnstown-co/ | 2022-08-25T17:48:43Z |
LONDON, April 6, 2022 /PRNewswire/ -- The new Competitive Assessment by global technology intelligence firm ABI Research provides an in-depth and objective examination of IoT device identity lifecycle management solutions, ranking eight traditional Certificate Authorities (CAs) based on top-of-mind concerns for implementers, including secure provisioning, identity management, deployment, IoT ecosystem partnerships, and intelligent automated services.
The companies are evaluated in the following order of ranking:
Market Leaders: Device Authority, Entrust, Digicert, GlobalSign
Mainstream: HID Global, Sectigo
Followers: WISeKey, Nexus
"Innovation starts at the design level with digital identity providers offering services geared to specific IoT applications rather than bundling them under the general ecosystem. This includes extending digital certificate design beyond the X.509 standard, offering identity management options that consider connectivity requirements and bandwidth restrictions and, ultimately, allowing implementers to customize the digital identity framework of their IoT devices," explains Dimitrios Pavlakis, Senior Analyst of IoT and Digital Security at ABI Research.
Further, identity provisioning needs to be versatile enough to include multiple service options that can adapt to different IoT architectures, device specifications and application needs. Choice should be available to support greenfield and brownfield IoT deployments, provide for containers and serverless options, as well as for agentless deployments. Interoperability is also of critical importance. IoT implementers require solutions that are market and hardware agnostic, able to integrate with a wide array of silicon products and architectures and support a range of security operations in device lifecycle, certificate and key management, token issuance and secure code signing.
Device Authority scored first overall in the assessment followed by Entrust, DigiCert, and GlobalSign. Device Authority offers a full end-to-end solution and the optimal spectrum of device identity management options including agile, proprietary crypto libraries to provide secure identities based on multiple unique identifiers and device specifications. The KeyScaler solution suite offers secure transfer of ownership of the device certificates across the supply chain, secure onboarding, management of certificates, and Over the Air (OTA) updates.
Entrust provides not only secure device lifecycle services for IoT but also the underlying hardware security modules (HSMs) for a hardware root of trust, upon which it has built an array of versatile deployment services specifically designed for IoT environments and customizable through the option rich Entrust Certificate Hub.
GlobalSign IoT Edge Enroll provides an ever-expanding database of digital certificate templates enabling fine-grained customization of IoT digital identities and the offer of a unique identity proposition for IoT devices in numerous different use-cases.
DigiCert's IoT Device Manager enables a plethora of identity and lifecycle management services, but key among its innovation is the offer of PKI certificate derivatives, created by shrinking the size of standard certificates without compromising on integrity or security to provide unique identifiers suitable for the IoT.
For providers, the support of complementary ecosystem partners, automated and policy-driven management services, and flexible pricing models to maximize monetization is key. "A comprehensive IoT Device Identity Lifecycle Management platform will align with the evolving device management practices in the field," notes Pavlakis. "Secure remote provisioning capabilities, modular certificate design, streamlined management and automation are key options for truly innovative and scalable IoT solution in this space."
These findings are from ABI Research's IoT Device Identity Lifecycle Management competitive ranking report. This report is part of the company's IoT Cybersecurity research service, which includes research, data, and ABI Insights. Competitive Ranking reports offer comprehensive analysis of implementation strategies and innovation, coupled with market share analysis, to offer unparalleled insight into a company's performance and standing in comparison to its competitors.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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SOURCE ABI Research | https://www.kxii.com/prnewswire/2022/04/06/device-authority-entrust-globalsign-digicert-top-abi-researchs-iot-device-identity-lifecycle-management-competitive-ranking/ | 2022-04-06T10:03:51Z |
Maple Neck-Thru Construction, Unmatched Tone and Four Incredible Finishes Made for Those Who Live to Shred
HOLLYWOOD, Calif., Sept. 7, 2022 /PRNewswire/ -- Today, Jackson® marks a long-awaited homecoming with the launch of the American Series Soloist™ SL3, a high-performance American-made flagship electric guitar, crafted for speed and produced for the heaviest and fastest of players. For over forty years, Jackson's reputation as the brand built to handle heavy music has been recognized and respected by artists around the globe. Its portfolio of guitars has been played on stages everywhere by the metal genre's biggest titans: Randy Rhoads, Marty Friedman, Scott Ian and more. The launch of the American Series Soloist™ SL3 cements Jackson's status as a pioneer in heavy metal innovation and the go-to instruments for the new generation of shredders who have honed their craft through tireless dedication and practice.
"I've been a metal fan since I could buy records; my first two were Black Night by Deep Purple and Paranoid by Black Sabbath," said Andy Mooney, CEO, Fender Musical Instruments Corporation (FMIC). "I love metal as it's home to so many virtuoso players, whose fans want to emulate them, the way I emulated Ritchie Blackmore. Jackson guitars are built to play fast and loud. We want to ensure this generation of heavy musicians have the tools they need to inspire the diverse audiences who love them. We've gone to great lengths to make the American Series Soloist SL3 the guitar that defines today's ever-evolving metal sound. We believe it will appeal to the many touring guitarists who want a top-quality, USA-built Jackson at an accessible price. And we've made sure they are fast, fast, fast."
The American Series Soloist™ SL3, proudly made from start to finish in Fender's Corona, Calif. factory, is a breakthrough in high-performance guitars and above all else, is designed for speed. Starting with the classic Speed Neck profile from beloved Jackson Soloists of decades past, the profile has been suped up to include masterfully rolled edges for maximum comfort. Complimenting this profile is a compound radius that starts at 12" at the nut and flattens to 16" at the 12th fret to promote screaming bends and intricate finger work as players move up the neck. Player-focused features like Luminlay side dots to illuminate the fretboard on the darkest of stages and quick access truss rod adjustment to make easy neck relief adjustments ensure the Soloist is always optimized for speed and precision.
The iconic "Concorde" six-on-a-side headstock visually represents the precision of the instrument with its razor-sharp profile. The model is laden with quality features usually found only in custom domestic builds or import models including a Floyd Rose 1500® and neck-through construction. With four eye-catching finishes — Riviera Blue, Platinum Pearl, Black Gloss and Slime Green Satin — there's no mistaking it for any other guitar.
"Jackson has a DNA that is unmatched in the heavy music space," said Justin Norvell, EVP of Product, Fender Musical Instruments Corporation. "Bringing Jackson's craftsmanship back to its Southern California roots has been a labor of love for all of us. The enduring passion for metal enables us to do so. Building this guitar in the Corona factory opened up incredible new design possibilities: the neck is unmatched, each pickup absolutely screams, and there isn't a single detail about this guitar that wouldn't make any shredder proud."
The launch of the American Series Soloist™ SL3 represents the next phase in FMIC's long-term investment strategy in its portfolio of wholly owned and licensed brands, which includes Jackson. With heightened resources in trade advertising, social media and elevated artist marketing, Jackson has built a campaign to reflect the significant milestone that the American Series Soloist™ SL3 represents: a guitar tailor made for the new generation of diverse heavy metal players.
To help tell the story of how the new American-made guitar honors the powerful traditions of the heavy metal genre, Jackson assembled a roster of shredding superstars who illustrate the best of the industry's leading talent. Legends like Scott Ian of Anthrax and Misha Mansoor of Periphery join the ranks of modern metal titans, including Lee Malia of Bring Me the Horizon, Kevin Skaff of A Day to Remember, Brandon Ellis of The Black Dhalia Murder and Mark Heylmun of Suicide Silence. Rounding out the roster are Japanese guitar master, Yas Nomura, educator and social media influencer, Alyssa Day and guitarist, producer and songwriter, Vixen.
"My first experience with Jackson was at Sam Ash, in New York City, in 1982; I was immediately hypnotized by the sheer awesomeness of the guitars and have been playing them ever since," says Scott Ian, guitarist and co-founder of thrash metal band, Anthrax. "Jackson guitars are the perfect tool for the job I do and the American Series Soloist SL3 has me playing better than ever. The neck is lightning fast, the guitar crunches like a beast, and the design is killer. I'll be adding the Soloist to my touring arsenal."
To support the launch of the American Series Soloist™ SL3, Jackson is kicking off the campaign with new serialized content that will hit Jackson's YouTube and social channels over the next few months. Today, the metal music genre is more popular than ever and its influence expands to all corners of the globe.
Japanese guitarist Yas Nomura showcases how the Soloist SL3 gives today's heavy players everything they need to push their craft further HERE.
Scott Ian, Misha Mansoor and Alyssa Day star alongside Jackson Master Builders Mike Shannon, Louis Salgado, and Adam Ehrig in a short documentary titled "Origins of Speed" that explores Jackson's rich history, its dynamic range of high performance guitars and its place in the future of metal music. You can view "Origins of Speed" HERE.
"The Soloist" highlights Lee Malia, Kevin Skaff, Brandon Ellis, Mark Heylmun and Vixen's individual musical styles and journeys. Each artist will demonstrate what American Series Soloist™ SL3 is capable of when in the hands of a rhythmic virtuoso who isn't afraid of speed.
High-resolution product images of the American Series Soloist™ SL3 can be found HERE; artis photography can be found HERE; and full product descriptions and specifications can also be found HERE.
For technical specs, additional information on new Jackson products and to find a retail partner near you, visit www.jacksonguitars.com. Join the conversation on social media by following @JacksonGuitars on Twitter and @OfficalJacksonGuitars on Instagram.
American Series Soloist™ SL3 ($2,499.99 - $2,599.99 USD, £2,449.00 GBP, €2,899.00 EUR, $4,499.00 - $4,699.00 AUD, ¥440,000 JPY) Equipped with all the essential attributes, the American Series Soloist™ SL3 leads the way in establishing a new standard in the premium high-performance category as it inspires players across the globe. The American Series Soloist™ SL3's alder body is matched with a sustain-enhancing throughbody three-piece maple neck that has a pair of graphite reinforcement rods for the ultimate stability to resist temperature and humidity-induced bending and warping. The Soloist was built for speed and engineered to become the fastest guitar in Jackson's portfolio thanks to its legendary Speed Neck, which includes masterfully rolled fingerboard edges for maximum comfort. To complement the neck profile, the Soloist sports a compound radius that starts at 12" at the nut and flattens to 16" at the 12th fret for screaming bends and intricate finger work as you move up the neck. Add in player-focused features like Luminlay side dots to illuminate your fretboard on dark stages and quick access truss rod adjustment to make easy neck relief adjustments, the result is an instrument ready to take on any stage at any time.
Since 1946, Fender has revolutionized music and culture as one of the world's leading musical instrument manufacturers, marketers and distributors. Fender Musical Instruments Corporation (FMIC)–whose portfolio of owned and licensed brands includes Fender®, Squier®, Gretsch® guitars, Jackson®, EVH®, Charvel®, Bigsby® and PreSonus® – follows a player-centric approach to crafting the highest-quality instruments and digital experiences across genres. Since 2015, Fender's digital arm has introduced a new ecosystem of products and interactive experiences to accompany players at every stage of their musical journey. This includes innovative apps and learning platforms designed to complement Fender guitars, amplifiers, effects pedals, accessories and pro-audio gear and inspire players through an immersive musical experience. FMIC is dedicated to unlocking the power of musical expression for all players, from beginners to history-making legends. In 2021, Fender celebrated 75 years of giving artists "wings to fly," carrying on the vision of its founder, Leo Fender, and connecting players through a shared love of music.
Jackson began in the late 1970s when heavy music experienced a virtuosic resurgence in popularity and a small Southern California repair shop became the epicenter of a new level of excellence. When extravagant young guitarists needed more from their instruments, a small staff of highly skilled craftsmen answered the call with a new breed of high-performance custom guitars. From that point on, heavy metal history would be written with Jackson's guitars lauded as the industry's shred machines. Known for their distinctive style and formidable substance, Jackson® guitars have melded seamlessly with each and every sonic mutation across the metal genre allowing discerning guitarists everywhere to achieve an explosive sound. Over the years, Jackson has worked with some of the most influential and respected players in the world, and its roster of signature artists boasts guitarists whose impactful and game-changing contributions to heavy metal continue to inspire generations of musicians and fans. Today, Jackson is an owned brand under Fender Musical Instruments Corporation (FMIC) and with a foundation of premium state-of-the-art manufacturing facilities and the industry's finest team of seasoned builders, together they are poised for a new and transformative era. For more information, visit www.jacksonguitars.com.
JACKSON® is a registered trademark of JCMI and/or its affiliates. SOLOIST™ is a trademark of JCMI and/or its affiliates.
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SOURCE Fender Musical Instruments Corporation | https://www.wibw.com/prnewswire/2022/09/07/jackson-introduces-american-series-soloist-sl3-made-usa-built-speed-ready-next-generation-heavy-metal-guitarists/ | 2022-09-07T13:43:06Z |
MADRID (AP) — A cargo train smashed into a rush-hour passenger train in Catalonia on Monday, killing an engineer and injuring 85 people, Spanish authorities and the regional rail company said. Emergency crews said they were helping to evacuate about 100 people on the passenger train.
The accident happened around 6 p.m. (1600 GMT) some 15 kilometers (10 miles) from Barcelona, the capital of the northeastern region, rail company FGC said in a statement.
The cargo train carrying potash derailed as it came into the Sant Boi station in northeastern Spain. It then smashed into the front of the passenger train, which was pulling out of the station, killing the engineer, the FGC said. | https://cw33.com/business/ap-business/passenger-cargo-trains-collide-in-spain-1-killed-85-hurt/ | 2022-05-17T14:25:45Z |
This appointment further strengthens Hut 8's blue-chip executive team by adding expertise in corporate governance, capital markets, and mergers and acquisitions
TORONTO, June 21, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to announce the appointment of Aniss Amdiss as the company's Chief Legal Officer, effective July 11, 2022. Based in Toronto, Aniss will lead Hut 8's legal and governance portfolios and serve as Corporate Secretary, reporting to Chief Executive Officer Jaime Leverton.
"Aniss is going to be an excellent addition to Hut 8's seasoned, dynamic executive team," said Jaime Leverton, Chief Executive Officer of Hut 8. "Aniss' vast experience and leadership acumen will ensure that Hut 8 continues to operate with integrity and transparency while consistently elevating our governance and compliance processes, which will truly differentiate us in a nascent, rapidly evolving industry."
Aniss brings extensive legal expertise to Hut 8, including significant experience in securities laws matters, leading acquisitions and other corporate transactions, and advising on best practices with respect to corporate governance matters. Prior to joining Hut 8, he served as Vice President, Legal, General Counsel, and Corporate Secretary at Greenbrook TMS Inc., a TSX and Nasdaq listed healthcare services company.
"The opportunity to move into a relatively new and incredibly exciting industry really attracted me to Hut 8, and I cannot wait to join such a high-performing leadership team," said Aniss. "Leveraging my previous experience at a growth company operating in a highly regulated industry, I look forward to making a meaningful contribution as Hut 8 continues to successfully execute on its strategy and grow as a leader in both the digital asset mining and high-performance computing spaces."
Hut 8 is one of North America's largest innovation-focused digital asset miners, led by a team of business-building technologists, bullish on bitcoin, blockchain, Web 3.0 and bridging the nascent and traditional high performance computing worlds. With two digital asset mining sites located in Southern Alberta and a third site in North Bay, Ontario, all located in Canada, Hut 8 has one of the highest capacity rates in the industry and one of the highest inventories of self-mined Bitcoin of any crypto miner or publicly-traded company globally. With 36,000 square feet of geo-diverse data centre space and cloud capacity connected to electrical grids powered by significant renewables and emission-free resources, Hut 8 is revolutionizing conventional assets to create the first hybrid data centre model that serves both the traditional high performance compute (Web 2.0) and nascent digital asset computing sectors, blockchain gaming, and Web 3.0. Hut 8 was the first Canadian digital asset miner to list on the Nasdaq Global Select composite index and the first blockchain company to be added to the S&P/TSX Composite Index in 2021. Through innovation, imagination, and passion, Hut 8 is helping to define the digital asset revolution to create value and positive impacts for its shareholders and generations to come.
This press release includes "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, "forward-looking information"). All information, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the Company's businesses, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely" or similar expressions. In addition, any statements in this press release that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information and include, among others, statements regarding: the Company's growing and diverse leadership team; the Company's ability retain and attract an ambitious and seasoned executive talent roster; the Company's ability to continue to operate with integrity and transparency; the Company's ability to consistently elevate its governance and compliance processes; and the Company's ability to continue to successfully execute on its strategy and grow as a leader in both the digital asset mining and high-performance computing spaces.
Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to security and cybersecurity threats and hacks, malicious actors or botnet obtaining control of processing power on the Bitcoin or Ethereum network, further development and acceptance of Bitcoin and Ethereum networks, changes to Bitcoin or Ethereum mining difficulty, loss or destruction of private keys, increases in fees for recording transactions in the Blockchain, erroneous transactions, reliance on a limited number of key employees, reliance on third party mining pool service providers, regulatory changes, classification and tax changes, momentum pricing risk, fraud and failure related to cryptocurrency exchanges, difficulty in obtaining banking services and financing, difficulty in obtaining insurance, permits and licenses, internet and power disruptions, geopolitical events, uncertainty in the development of cryptographic and algorithmic protocols, uncertainty about the acceptance or widespread use of cryptocurrency, failure to anticipate technology innovations, the COVID19 pandemic, climate change, currency risk, lending risk and recovery of potential losses, litigation risk, business integration risk, changes in market demand, changes in network and infrastructure, system interruption, changes in leasing arrangements, and other risks related to the cryptocurrency and data centre business. For a complete list of the factors that could affect the Company, please see the "Risk Factors" section of the Company's Annual Information Form dated March 17, 2022, and Hut 8's other continuous disclosure documents which are available on www.sedar.com.
These factors are not intended to represent a complete list of the factors that could affect Hut 8; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, sought, proposed, estimated, forecasted, expected, projected or targeted and such forward-looking statements included in this press release should not be unduly relied upon. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and Hut 8's future decisions and actions will depend on management's assessment of all information at the relevant time. The forward-looking statements contained in this press release are made as of the date of this press release, and Hut 8 expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
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SOURCE Hut 8 Mining Corp | https://www.wibw.com/prnewswire/2022/06/21/aniss-amdiss-joins-hut-8-mining-chief-legal-officer/ | 2022-06-21T12:05:40Z |
Health Net Assisting Members Across California During State of Emergency
SACRAMENTO, Calif., Aug. 9, 2022 /PRNewswire/ -- In response to Gov. Gavin Newsom's declared state of emergency in California, Health Net is providing special assistance to assist members affected by monkeypox. Health Net wants to ensure its members have access to essential prescription medications, critical Health Net information and other healthcare services should their services be interrupted.
- During the duration of the state of emergency, members in California affected by monkeypox can obtain an emergency supply from the drug store where they originally filled their prescription.
- If their drug store is closed, members can call Health Net at 1-800-400-8987 for assistance.
Health Net members can also call MHN for coping support. MHN can offer referrals to mental health counselors, local services, or phone consultations. These services can help members cope with grief, stress, or trauma related to the viral disease. MHN operates their hotline 24 hours a day, seven days a week and can be reached at 1-800-227-1060.
If members cannot reach their primary care provider during a declared state of emergency, Health Net provides access to telehealth services at no cost. To make an appointment, members should reference the back of their Health Net ID card for more information on how to access telehealth services. Members can find this same information by registering with and logging on to HealthNet.com.
Doctors and nurse practitioners can call Health Net at 1-800-641-7761 for help with:
- Emergency prescription refill guidelines
- Escalating approvals to reduce approval turnaround times
- Approval for out-of-network treatments when in-network resources are unavailable
Depending on how long the members need additional assistance, Health Net may take additional steps to ensure its members have access to necessary healthcare services.
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SOURCE Centene / Health Net | https://www.mysuncoast.com/prnewswire/2022/08/09/health-net-providing-special-assistance-members-affected-by-monkeypox/ | 2022-08-09T19:43:25Z |
Israeli defense minister in US to discuss Iran nuclear talks
JERUSALEM (AP) — Israel’s defense minister said Friday it was important to maintain capabilities for “defensive and offensive purposes” as he met with a senior U.S. official to reiterate Israel’s opposition to an emerging nuclear deal with Iran.
Israel is staunchly opposed to efforts by world powers to revive the 2015 nuclear agreement and says it will not be bound by the accord currently being discussed. Neither Israel nor the United States have ruled out military action to prevent Iran from acquiring a nuclear weapon.
Israeli Defense Minister Benny Gantz, meeting with U.S. National Security Adviser Jake Sullivan, said Israel opposes the emerging agreement, which has not yet been finalized or released to the public.
Gantz “emphasized the importance of maintaining and advancing operational capabilities for both defensive and offensive purposes in (the) face of Iran’s nuclear program as well as its regional aggression,” a Defense Ministry statement said.
“This is regardless of the discussion surrounding the agreement,” it added.
A U.S. statement said the two officials discussed the “U.S. commitment to ensure Iran never obtains a nuclear weapon, and the need to counter threats from Iran and Iran-based proxies.”
Israel is widely believed to have acquired nuclear weapons decades ago but has never acknowledged having them.
Iran insists its nuclear program is for purely peaceful purposes. Under the 2015 agreement with world powers, it curbed its nuclear activities and allowed expanded monitoring of its facilities in exchange for the lifting of economic sanctions.
Then-President Donald Trump unilaterally withdrew the U.S. from the deal in 2018 and restored crippling sanctions on Iran, which then began ramping up its nuclear activities.
Experts say Iran has enriched enough uranium up to 60% purity — a short technical step from weapons-grade levels of 90% — to make one nuclear weapon should it decide to do so. However, Iran still would need to design a bomb and a delivery system, which would likely take months.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/26/israeli-defense-minister-us-discuss-iran-nuclear-talks/ | 2022-08-26T18:27:52Z |
NEW YORK, May 12, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Celsius Holdings, Inc. ("Celsius" or the "Company") (NASDAQ: CELH) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Celsius investors who were adversely affected by alleged securities fraud between August 12, 2021 and March 1, 2022. Follow the link below to get more information and be contacted by a member of our team:
CELH investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, the Company's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Celsius during the relevant time frame, you have until May 16, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/05/12/celh-lawsuit-alert-levi-amp-korsinsky-notifies-celsius-holdings-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-05-12T10:31:36Z |
SUZHOU, China and WOODINVILLE, Wash., Aug. 3, 2022 /PRNewswire/ -- ProfoundBio, an oncology biotherapeutics company focused on the development of novel antibody-based therapeutics, announced that it has received clearance from the U.S. Food and Drug Administration (FDA) for its investigational new drug application (IND) to evaluate PRO1184 in patients with advanced cancer. PRO1184 is an antibody-drug conjugate comprising a folate receptor alpha (FRa) directed antibody conjugated to an exatecan payload with a novel, proprietary hydrophilic linker. The Phase 1 study will evaluate the safety, activity and pharmacokinetics of PRO1184 in patients with ovarian, endometrial, breast, non-small cell lung cancers and mesothelioma.
Additionally, ProfoundBio announced the appointment of Naomi Hunder, M.D., as Chief Medical Officer.
"I am thrilled to welcome Dr. Hunder to the ProfoundBio leadership team, especially during this pivotal transition into a clinical-stage oncology company. Dr. Hunder brings tremendous expertise and experience in the development of targeted therapeutics, particularly ADCs, and a fierce drive to bring better therapeutics to patients with cancer." said Baiteng Zhao, PhD, Chief Executive Office. "Earlier this year, the PRO1184 preclinical data presented at AACR annual meeting demonstrated potent anti-tumor activity in multiple mouse CDX models and a favorable therapeutic index. With the US FDA clearance for the PRO1184 first-in-human study, we look forward to fulfilling the promise of these preclinical results and establishing the potential of PRO1184 for patients with advanced cancers."
"ProfoundBio's mission is to help patients with cancer through the discovery and development of novel targeted therapeutics with curative potential. We believe we have an opportunity to improve on the activity of FRα-targeted ADCs by both updating the drug conjugate and utilizing a novel hydrophilic linker that improves pharmacodynamic and safety parameters in preclinical studies. I'm thrilled to be joining ProfoundBio at this time, when FDA's clearance enables us to initiate clinical studies and progress our mission." said Dr. Hunder.
Dr. Hunder is a medical oncologist and joins ProfoundBio with 15 years of experience leading development programs from initial design to global regulatory approvals and commercialization. Dr. Hunder most recently served as Chief Medical Officer of Silverback Therapeutics, a company focused on the advancement of novel immunotherapies. Previously she was Vice President (VP) of Clinical Development and Medical Affairs at Acerta Pharma, with a key role in the development and approval of Calquence®. Prior to Acerta, Naomi was VP of Clinical Development at Seattle Genetics, and was the clinical development lead for Adcetris®. A board certified medical oncologist, Naomi received her M.D. from Jefferson Medical College and her Internal Medicine training at the University of Pennsylvania. She completed her oncology fellowship training at Fred Hutchinson Cancer Research Center/University of Washington. Naomi received her B.A in Biology from Carleton College.
About ProfoundBio
ProfoundBio is an oncology biotherapeutics company focused on the development of novel antibody-based therapeutics with curative potential for patients with cancer. Built on innovative technology platforms, ProfoundBio has developed a pipeline consisting of multiple solid tumor-targeting drug candidates that are in discovery, preclinical, and now clinical development stages. ProfoundBio has operations in both the greater Seattle area, WA, USA and Suzhou, China.
For more information, please visit www.profoundbio.com.
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SOURCE ProfoundBio | https://www.wibw.com/prnewswire/2022/08/03/profoundbio-receives-fda-study-may-proceed-letter-pro1184-folate-receptor-alpha-directed-adc-with-topoisomerase-1-inhibitor-payload-welcomes-naomi-hunder-md-chief-medical-officer/ | 2022-08-03T12:55:31Z |
NZ cricket great McCullum hired to coach England’s test team
By STEVE DOUGLAS
AP Sports Writer
Former New Zealand cricket star Brendon McCullum has been hired as head coach of England’s test team in another bold appointment coming soon after the decision to select Ben Stokes as captain. The 40-year-old McCullum currently coaches Indian Premier League team Kolkata Knight Riders. He has never been in charge of a test team and only retired from playing in 2019. McCullum was regarded as the catalyst behind New Zealand’s emergence as a major force in the test game and the team won the inaugural world test championship last year. His preference for attacking cricket will be welcomed by Stokes at the start of an exciting new era for England. | https://localnews8.com/sports/ap-national-sports/2022/05/12/nz-cricket-great-mccullum-hired-to-coach-englands-test-team/ | 2022-05-12T14:02:23Z |
Notation Labs completes funding to support initial production of devices designed to avoid costly damage caused by water leaks and conserve water.
SCOTTSDALE, Ariz., Aug. 29, 2022 /PRNewswire/ -- Notation Labs, Inc., a technology company focused on the development and distribution of automated leak detection and prevention, is pleased to announce that it has obtained funding for the production of a suite of products, which are designed to work with Notation Labs' advanced consumer app which will interface with its devices and proprietary cloud-based analytics software.
Notation Labs, Inc. is a technology-driven company built around next-generation home automation and water efficiency devices. The Company's primary products are expected to help conserve water and assist homeowners in supporting environmental sustainability. The Company markets its products to plumbing wholesale distributors and dealers throughout the United States. Notation Labs, Inc. began operations in 2020 and is headquartered in Scottsdale, Arizona.
Connect with Us:
Please visit www.notationlabs.io to learn more and sign up for updates.
Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the release by Notation Labs, Inc. are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, risks of the key strategic sales and distribution partners ability to sell our product, and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include the introduction of new technology, market conditions, and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. There is no guarantee that any specific outcome will be achieved. Past performance is not indicative of future results.
Media Contact:
investors@notationlabs.io
480-275-7572
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SOURCE Notation Labs, Inc. | https://www.wibw.com/prnewswire/2022/08/30/notation-labs-inc-completes-2-million-financing-round/ | 2022-08-30T03:32:37Z |
Man arrested after luring boy away from bus stop, molesting him, police say
CHANDLER, Ariz. (Arizona’s Family/Gray News) - An Arizona man is accused of luring a 7-year-old boy away from his bus stop and molesting him two months ago in the Chandler area.
Chandler police said they arrested Jesus Jorge Delcampo on Thursday afternoon after DNA linked him to the crime.
Arizona’s Family reports on July 29, the boy’s parents called 911 after their son told them he followed a man in a “go-kart” behind a shed and was molested near McQueen and Warner roads.
According to court documents, the parents suspected maintenance staff and confronted them before calling the police.
Authorities said the boy told them he got to his bus stop too early, and no other kids were around. So, he asked Delcampo, who was riding around in a golf cart, for help. Delcampo reportedly told the boy to follow him to the shed, where he molested him.
After Delcampo stopped, police said he told the boy to meet him back at the park.
According to court documents, the boy’s parents told officers they talked to different maintenance staff, including Delcampo. The boy’s mother said Delcampo appeared scared, and his face changed when he was told about the allegations.
DNA was later taken from all the men working at the complex, including Delcampo, in early August.
Authorities said Delcampo told them he had gone to work at the complex on the morning of the crime but went directly to the main office. He also said he talked to another co-worker along the way and waited at the office. However, that employee was interviewed by police and said he never spoke to Delcampo that morning.
Video surveillance reportedly showed Delcampo driving a golf cart the morning of the incident.
On Wednesday, police said the DNA found on the victim matched Delcampo. He was taken into custody on Thursday.
Delcampo has claimed innocence, stating it was “impossible” that his DNA was found on the boy, police said. He also reportedly claimed he was at the office despite video surveillance.
Chandler police said Delcampo was booked on two counts of molestation of a child and one count of kidnapping.
Copyright 2022 Arizona's Family via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/09/man-arrested-after-luring-boy-away-bus-stop-molesting-him-police-say/ | 2022-09-09T01:45:53Z |
- Develops a personalized cancer profile for patients to quickly find suitable drugs
- Commercializable system cultures cancer cells ex vivo with only a blood sample
- Cultures cancer cells up to six times faster than other methods
TAIPEI, July 29, 2022 /PRNewswire/ -- Taiwanese firm CancerFree Biotech Ltd. has developed a breakthrough for patients with stage 2 solid tumor. Stage 2 patients or above shortens the drug therapy selection process through a personalized cancer profile, the innovative technology will be showcasing at US Bio 2022.
This is the world's first commercial Circulating Tumor Cell-Derived Organoid (CDO) culture system as part of its E.V.A (Ex Vivo Avatar) technology platform, which, compared to other technologies currently available in the market, boasts better efficacy, efficiency, and speed.
The technology not only shortens the time delayed in trying different therapies but also reduces the risk of side effects for patients who have not yet found an effective drug.
As only 20 ml of blood will be needed, this makes the system highly convenient for collection, especially from elderly patients, or where it is difficult to obtain tissue samples. The technology makes it smoother, easier, more comfortable, and convenient for both physicians and patients to find an appropriate drug therapy.
"When my elderly father was diagnosed with cancer in 2015, the process to treat him was nothing short of tedious. The lack of technology to optimize the process was frustrating, to say the least."
"Despite my background in computer science, I was adamant about finding a better way to help ease the therapy selection process.", said founder Po Chen.
The science behind the system
Determining the right therapies for cancer patients can be a time-consuming and costly affair, not to mention drug resistance can become a huge problem for patients. Furthermore, collecting tissue samples from patients can be an invasive and discomforting experience for many.
CancerFree Biotech's CDO system develops a personalized patient cancer profile (called an 'avatar') by culturing their cancer cells in a lab to simulate the body's response to a drug.
The system helps physicians conduct customized drug sensitivity testing with the patient's tumor profile before treatment selection, thus speeding up the drug selection process and reducing the risk of drug resistance.
The technology greatly reduces the time needed to culture almost any type of cancer cell in under four weeks, as compared to other systems on the academy, which can take up to 24 weeks just for specific types of cancers.
"We isolate a very small number of circulating tumor cells that enter the bloodstream from in-situ (on-site) tumors and culture the cells ex vivo (outside the body) using 3D scaffolds. This increases the number of cancer cells we can work with to build a tumor avatar (tumor profile) of the patient.", shared [Dr. Lu, the one of inventors].
The 3D scaffold mimics the in vivo bone marrow-like structure (the inside of the patient's body) and replicates the environment for tumorigenesis (proliferation of the tumor) for the company to test drugs on.
A highly effective solution
Blood samples are homogeneous and more representative than local tissue samples if the tumor has distant metastases. This is why CancerFree Biotech's innovative CDO system boasts high efficacy, successfully proliferating cancer cells ex vivo in approximately 90% more than 100 cancer types. It is also quick, as evidenced by its high efficiency, seeing 1,000 to 100,000 fold proliferation of cancer cells within four weeks.
"They have successfully utilized a breakthrough technology and have seen success in over 900 cancer cases. Furthermore, the system is able to be matched to over 100 types of generic drugs, making it easier for physicians to find an appropriate drug to match the patient's tumor profile.", said [Dr. Chiu, the dean of TMU Hospital].
Cancer types that can be tested for include all solid tumors, such as lung, breast, colorectal, prostate, ovarian, liver, stomach, pancreatic, kidney, bladder, skin, brain, sarcomas, and other various rare cancers.
Additionally, proprietary software developed by CancerFree Biotech automates drug selection, making it easy for users to find the drugs needed for patients. The company was currently invested by Berkeley Skydeck and the Taiwan Ministry of Science Technology (MOST) sponsored them exhibited at the Bio international convention.
The Taipei office comprises 13 team members, with patients from Japan and Vietnam. The original patent for the technology is from the US and Taiwan , with exclusive license by the Taipei Medical University.
Provided free to pediatric patients, the system is fully commercializable, and the company is at its revenue stage. CancerFree Biotech hopes to cooperate with pharmaceutical companies to bring the technology to scale.
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SOURCE CancerFree Biotech | https://www.wibw.com/prnewswire/2022/07/29/taiwans-cancerfree-biotech-ltd-develops-worlds-first-commercial-personalized-cancer-cell-profile/ | 2022-07-29T07:20:59Z |
Nonprofits agree to work together to help support common missions of teaching the next generation the values of leadership, citizenship, and freedom.
COLUMBIA FALLS, Maine, May 13, 2022 /PRNewswire/ -- Yesterday, national nonprofits Wreaths Across America (WAA) and the Young Marines are proud to announce the signing of a Memorandum of Understanding (MOU) between the two organizations. The signing is to build a stronger awareness for each group's common missions while supporting educational events throughout the nation.
These events will help teach lessons of character and patriotism to the next generation. WAA's Director of Military and Veteran Outreach, Joseph Reagan, and Young Marines National Executive Director Col. William Davis signed the MOU live as part of the Young Marines Adult Leadership Conference held in St. Charles, Missouri. To watch the video of yesterday's signing, please click here.
The MOU between the two groups outlines key agreements that establish a framework for cooperation between WAA and the Young Marines. This includes collaborative volunteer efforts to provide opportunities for joint community service activities that bring awareness to both groups' missions throughout the country, and regular feature interviews on Wreaths Across America Radio. The interviews will highlight youth participants' academic achievement, community service, good citizenship, and other attributes.
"As a program whose core mission focuses on teaching the next generation the value of freedom, supporting and working with leadership groups like the Young Marines is critical to the future of this country," said Karen Worcester, executive director, WAA. "These kids are learning not only what it means to be a productive member of society, they are learning that anyone can find a way to serve their community, and what it truly means to be an American."
"The Memorandum of Understanding solidifies the two organizations' commitments to citizenship, leadership, and memorializing our nation's veterans," said Col William P. Davis USMC (Ret), national executive director and CEO of the Young Marines. "We were especially proud to host the signing at the Young Marines' Adult Leadership Conference at which hundreds of volunteers were witnesses. The Young Marines and WAA are truly partners who have analogous values."
Founded in 2007, and headquartered in Columbia Falls, Maine, WAA is best known for its annual wreath-laying ceremony at Arlington National Cemetery, and now at more than 3,100 participating locations nationwide. The organization's yearlong efforts support its mission to Remember our fallen U.S. veterans, Honor those who served, and Teach the next generation the value of freedom.
Young Marines has more than 238 units including thousands of youth members, most of whom have been placing veterans' wreaths throughout the country for many years. The MOU will only heighten awareness of this task of respect and honor.
The Young Marines is a youth education and service program for boys and girls, aged eight through high school graduation. The Young Marines promotes the mental, moral, and physical development of its members and focuses on teaching the values of leadership, teamwork, and self-discipline, so its members can live and promote a healthy, drug-free lifestyle.
About Wreaths Across America
Wreaths Across America is a 501(c)(3) nonprofit organization founded to continue and expand the annual wreath-laying ceremony at Arlington National Cemetery begun by Maine businessman Morrill Worcester in 1992. The organization's mission – Remember, Honor, and Teach – is carried out in part each year by coordinating wreath-laying ceremonies in December at Arlington, as well as at thousands of veterans' cemeteries and other locations in all 50 states and beyond.
For more information or to sponsor a wreath please visit www.wreathsacrossamerica.org. For downloadable media resources, please visit learn.wreathsacrossameriac.org/mediaresources.
About Young Marines
The Young Marines is a national non-profit 501(c)(3) youth education and service program for boys and girls, age eight through high school graduation. The Young Marines promotes the mental, moral, and physical development of its members. The program focuses on teaching the values of leadership, teamwork, and self-discipline, so its members can live and promote a healthy, drug-free lifestyle.
Since the Young Marines' humble beginnings in 1959 with one unit and a handful of boys, the organization has grown to over 238 units with 6,100 youth and 2,100 adult volunteers in 40 states, the District of Columbia, Japan, and affiliates in a host of other countries.
For more information, visit the official website at: https://youngmarines.org.
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SOURCE Wreaths Across America | https://www.wibw.com/prnewswire/2022/05/13/wreaths-across-america-young-marines-enter-partnership/ | 2022-05-13T19:50:38Z |
WASHINGTON, Sept. 13, 2022 /PRNewswire/ -- More than 61 million Americans live with disabilities, yet they remain underrepresented in journalism produced by U.S. newsrooms. As a decisive midterm election approaches, recent coverage shows state and local measures intend to reduce voting by absentee ballot, limit access at polling locations, and limit information explaining how people with disabilities can cast their ballots.
Are you prepared to be a watchdog for disabled voters in your communities? What is your newsroom doing to ensure your election coverage is useful and accessible for disabled voters? How are you covering voter rights and accessibility leading up to and on Election Day?
On Friday, Oct. 14 at 11:30 a.m. ET, join the National Press Club Journalism Institute for a discussion among experts in voter access, disability representation, and accessible news coverage on best practices to cover disabled voters and to highlight voting access issues they may face. Registration for this free program is open; it will take place on Zoom.
Panelists include:
- Thomas Hicks, Chairman of the United States Election Assistance Commission
- Jessica Huseman, Editorial Director for VoteBeat
- Hannah Wise, Central Region Audience Development Editor for McClatchy and creator of Disability Matters, a toolkit to help newsrooms to better serve the disability community
- Moderator: Wendy Lu, Senior Staff Editor on the Flexible Editing desk at The New York Times and a global speaker on disability representation in the media.
We hope you'll join us for this important conversation, supported with funding from the Gannett Foundation. Please email Beth Francesco, deputy executive director for the Institute, with questions.
The National Press Club Journalism Institute promotes an engaged global citizenry through an independent and free press, and equips journalists with skills and standards to inform the public in ways that inspire a more representative democracy. As the non-profit affiliate of the National Press Club, the Institute powers journalism in the public interest.
The National Press Club Journalism Institute serves thousands of people daily with our newsletter, online programming, writing group, and other support. The Institute depends on grants, foundation funds, and contributions from individuals like you. Your donation today allows the Institute to offer the majority of its programming at no cost. Any amount helps.
Contact: Beth Francesco, deputy executive director, bfrancesco@press.org
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SOURCE National Press Club Journalism Institute | https://www.kxii.com/prnewswire/2022/09/13/national-press-club-journalism-institute-covering-midterm-elections-learn-experts-voter-accessibility-oct-14/ | 2022-09-13T17:15:00Z |
NEW YORK (AP) — Investment banking giant Goldman Sachs saw its second-quarter profits fall nearly half from a year ago, as turmoil in the financial markets and warnings of a possible recession caused the bank’s deal-making business to slow down considerably.
The New York-based bank said Monday that it earned a profit of $2.77 billion, or $7.73 a share, in the three months ended in June compared to a profit of $5.35 billion, or $15.02 a share, in the same period a year earlier. Goldman was the latest of the big banks that have reported big declines in their profits compared to 2021.
Goldman’s profit decline came almost entirely from the global economic uncertainty and the slowdown in deal-making happening at most banks. Investment banking revenues were down 41% from a year ago, as fees from taking companies public and helping them issue fresh debt nearly evaporated in the quarter.
The bank also wrote down the value of its own investment portfolio, reflecting the declines in stocks and other asset prices last quarter as the stock market had its worst quarterly performance since the Great Recession.
Goldman’s trading desks were able to make up for some of the losses in the bank’s other divisions. Trading revenues on Goldman’s fixed income, currencies and commodities desks were up 32% from a year earlier.
Total revenues across the firm were $11.86 billion, down from $15.39 billion a year ago.
Goldman shares rose 3% in morning trading. | https://cw33.com/business/ap-business/wall-streets-slowdown-cuts-into-goldmans-2q-profits/ | 2022-07-19T01:19:12Z |
WASHINGTON (AP) — Fisher-Price and U.S. product safety regulators are telling parents not to let their infants fall asleep in the company’s rockers after 13 infants died in the devices between 2009 and 2021.
The deaths happened when the babies fell asleep in Fisher Price’s Infant-to-Toddler and Newborn-to-Toddler rockers. The company, along with U.S. Consumer Product Safety Commission, said the rockers should never be used for sleep and infants should never be left unsupervised or unrestrained in them.
Fisher-Price, a division of El Segundo, California-based Mattel Inc., recalled a similar product last year after four infants died after they were placed on their backs unrestrained in the 4-in-1 Rock ’n Glide Soother. Those fatalities, all children under 4 months old, occurred between April 2019 and February 2020.
In 2019, the CPSC recalled another similar Fisher-Price product, the Rock ‘n Play Sleeper, after 30 infant fatalities were reported. Doctors, parents and consumer advocates had warned the company for years that the product was unsafe and should be recalled.
CPSC Commissioner Richard Trumka Jr. said a gag order implemented by Congress in 1981 prevented the agency from issuing an immediate warning to consumers without first seeking permission from the product’s maker. In the most recent case, Trumka said the gag order delayed the warning message by two months.
“Congress must immediately repeal the gag rule,” Trumka said in a release separate from Tuesday’s product warning. “If CPSC cannot issue timely warnings, dangers will remain hidden in people’s homes.”
A new rule finalized by the CPSC requires that infant sleep products have a sleep surface angle of 10 degrees or less. The rule goes into effect on June 23, 2022.
Fisher-Price and the CPSC said the best place for infants to sleep is on their back on a firm, flat surface without blankets or other objects near them.
Fisher-Price has sold more than 17 million Rockers worldwide since the 1990s.
Consumers are encouraged to report incidents involving these or other infant products to the CPSC at saferproducts (dot) gov. | https://cw33.com/business/ap-business/fisher-price-us-regulators-warn-of-infant-deaths-in-rockers/ | 2022-06-15T01:01:33Z |
The U.S. death toll from COVID-19 hit 1 million on Monday, a once-unimaginable figure that only hints at the multitudes of loved ones and friends staggered by grief and frustration.
The confirmed number of dead is equivalent to a 9/11 attack every day for 336 days. It is roughly equal to how many Americans died in the Civil War and World War II combined. It’s as if Boston and Pittsburgh were wiped out.
“It is hard to imagine a million people plucked from this earth,” said Jennifer Nuzzo, who leads a new pandemic center at the Brown University School of Public Health in Providence, Rhode Island. “It’s still happening and we are letting it happen.”
Some of those left behind say they cannot return to normal. They replay their loved ones’ voicemail messages. Or watch old videos to see them dance. When other people say they are done with the virus, they bristle with anger or ache in silence.
“’Normal.’ I hate that word,” said Julie Wallace, 55, of Elyria, Ohio, who lost her husband to COVID-19 in 2020. “All of us never get to go back to normal.”
Three out of every four deaths were people 65 and older. More men died than women. White people made up most of the deaths overall. But Black, Hispanic and Native American people have been roughly twice as likely to die from COVID-19 as their white counterparts.
Most deaths happened in urban areas, but rural places — where opposition to masks and vaccinations tends to run high — paid a heavy price at times.
The death toll less than 2 1/2 years into the outbreak is based on death certificate data compiled by the Centers for Disease Control and Prevention’s National Center for Health Statistics. But the real number of lives lost to COVID-19, either directly or indirectly, as a result the disruption of the health care system in the world’s richest country, is believed to be far higher.
The milestone comes more than three months after the U.S. reached 900,000 dead. The pace has slowed since a harrowing winter surge fueled by the omicron variant. The U.S. is averaging about 300 COVID-19 deaths per day, compared with a peak of about 3,400 a day in January 2021.
The largest bell at Washington National Cathedral in the nation’s capital tolled 1,000 times a week ago, once for every 1,000 deaths. President Joe Biden on Thursday ordered flags lowered to half-staff and called each life “an irreplaceable loss.”
“As a nation, we must not grow numb to such sorrow,” he said in a statement. “To heal, we must remember.”
More than half the deaths occurred since vaccines became available in December of 2020. Two-thirds of Americans are fully vaccinated, and nearly half of them have had at least one booster dose. But demand for the vaccine has plummeted, and the campaign to put shots in arms has been plagued by misinformation, distrust and political polarization.
Unvaccinated people have a 10 times greater risk of dying of COVID-19 than the fully vaccinated, according to the CDC.
“To me, that is what is just so particularly heartbreaking,” Nuzzo said. Vaccines are safe and greatly reduce the likelihood of severe illness, she said. They “largely take the possibility of death off the table.”
Angelina Proia, 36, of New York, lost her father to COVID-19 in April 2020. She runs a support group for grieving families on Facebook and has seen it divided over vaccinations. She has booted people from the group for spreading misinformation.
“I don’t want to hear conspiracy theories. I don’t want to hear anti-science,” said Proia, who wishes her father could have been vaccinated.
Sara Atkins, 42, of Wynnewood, Pennsylvania, channels her grief into fighting for global vaccination and better access to health care to honor her father, Andy Rotman-Zaid, who died of COVID-19 in December 2020.
“My father gave me marching orders to end it and make sure it doesn’t happen again,” Atkins said of the pandemic. “He told me, ‘Politicize the hell out of my death if I die of this.’”
Julie Wallace and her husband, Lewis Dunlap, had cellphone numbers one digit apart. She continues paying to keep his number. She calls it just to hear his voice.
“It’s just so important to hear that sometimes,” she said. “It gives you a little bit of reassurance while also tearing your heart out.”
Some have offered solace in poetry. In Philadelphia, poet and social worker Trapeta Mayson, created a 24-hour poetry hotline called Healing Verse. Traffic to the Academy of American Poets’ poets.org website rose during the pandemic.
Brian Sonia-Wallace, poet laureate of West Hollywood, California, has traveled the country writing poems for hire. He imagines a memorial of a million poems, written by people who don’t normally write poetry. They would talk to those who are grieving and listen for points of connection.
“What we need as a nation is empathy,” said Tanya Alves, 35, of Weston, Florida, who lost her 24-year-old sister to COVID-19 in October. “Over two years into the pandemic, with all the cases and lives lost, we should be more compassionate and respectful when talking about COVID. Thousands of families changed forever. This virus is not just a cold.”
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content. | https://cw33.com/health/ap-health/us-deaths-from-covid-hit-1-million-less-than-2-1-2-years-in/ | 2022-05-16T14:24:19Z |
HOUSTON, May 31, 2022 /PRNewswire/ -- Ascend Performance Materials has completed its purchase of Formulated Polymers Limited, an engineered materials producer based in Chennai, India. The acquisition establishes Ascend's first production facility in South Asia.
"The team at FPL has a 30-year track record of serving customers throughout the subcontinent with high-performance compounds," said Dharm Vahalia, Ascend's managing director for India. "We look forward to bringing them into Ascend and broadening the portfolio available to customers in India."
Ascend's Starflam® flame-retardant engineered materials will continue to be produced at the facility and the company is qualifying production of its other materials.
"Our strategy has been to expand our manufacturing footprint and our product portfolio in line with our customers' growth roadmaps," said Isaac Khalil, senior vice president for polyamides at Ascend. "South Asia is a vital part of that growth."
Details of the deal were not disclosed.
Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas, and with regional offices in Shanghai, Brussels and Detroit, we are a fully integrated material solutions provider with global manufacturing facilities in North America, Europe and China. Our 2,800-person global workforce makes the plastics, fabrics, fibers and chemicals used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability and the success of our customers and our communities.
Learn more about Ascend at www.ascendmaterials.com.
Contact: Ally Jahn, +1 713-210-9809, ajahn@ascendmaterials.com
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SOURCE Ascend Performance Materials | https://www.mysuncoast.com/prnewswire/2022/06/01/ascend-completes-purchase-plant-chennai/ | 2022-06-01T01:42:32Z |
The United Kingdom will host next year's Eurovision Song Contest on behalf of Ukraine, organizers the European Broadcasting Union (EBU) and the BBC confirmed on Monday.
Traditionally, it would be Ukraine's job as winner to host the upcoming song contest following Ukrainian folk-rap group Kalush Orchestra's triumph with their track "Stefania" in May.
However, the EBU said last month that, following a "full assessment and feasibility study," it had concluded that it would not be feasible for Ukraine to host, because of the ongoing war with Russia.
The UK came second in this year's competition.
BBC director general, Tim Davie, said on Monday that it was a "great privilege" to be asked to host the show.
"It is a matter of great regret that our colleagues and friends in Ukraine are not able to host the 2023 Eurovision Song Contest," he said in a statement.
"Being asked to host the largest and most complex music competition in the world is a great privilege."
He went on to say that the BBC is "committed to making the event a true reflection of Ukrainian culture alongside showcasing the diversity of British music and creativity."
Davie confirmed that the next steps would be to find a host city to partner with for the annual singing competition.
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NEW YORK (AP) — First-year New York Mets manager Buck Showalter says he will miss a game Wednesday against the San Francisco Giants for an undisclosed medical procedure.
The 65-year-old Showalter said Tuesday after a doubleheader sweep over San Francisco that he expected to be back with the team to manage Thursday’s finale of a four-game series against the Giants.
Showalter said the Mets would be managed by committee Wednesday, leaving hitting coach Eric Chavez to lead the offense and pitching coach Jeremy Hefner to oversee starter Chris Bassitt and the bullpen.
Mets bench coach Glenn Sherlock has been away from the team since Friday due to COVID-19 protocols. Showalter said Tuesday that there was a chance Sherlock could return Wednesday.
The Mets have won six of seven and lead the NL East at 9-3.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/mets-manager-showalter-to-miss-game-for-medical-procedure/ | 2022-04-20T16:22:14Z |
Ky-Li Alonzo’s grand slam to deep center capped a nine-run outburst in the sixth, helping the Texas district 9 all-stars to erase a three-run deficit on its way to a stirring 9-5 win over Delaware district 3 in the championship game of the Senior Little League Softball World Series on Sunday night.
The game, televised on ESPN2, marked the seventh victory in as many games for the Southwest squad, which outscored opponents 67-14 over the weeklong tournament.
But the Central Texas all-stars had to wait until its final six outs in order to find those runs — and, thus, the championship trophy — on Sunday.
Delaware, the host team, jumped ahead 2-0 in the first, collecting runs on an RBI single and a wild pitch, followed by a throwing error. The hosts then tacked on another run with a sacrifice fly in the bottom of the fifth.
Shortly after, though, Southwest’s bats would finally erupt.
Alonzo’s leadoff infield single ignited the spurt, which included three straight run-scoring knocks from Christi McGuire, Kaidence Quinn and Jayden Sadler, whose double scored Quinn to tie the game at 3.
After Lindsey Talafuse was hit by a pitch, Miah Corona’s hard single down the third-base line plated Sadler for the game’s go-ahead run.
Alonzo (2-for-4, four RBIs) and Quinn (2-for-3, RBI) each had a pair of hits to pace Southwest, which had six of its eight hits in the game-changing sixth.
Delaware added two more runs in the bottom of the seventh but would get no closer on Izzy Garcia, who struck out five in a complete game.
Garcia also went the distance in Saturday night’s late semifinal, during which Southwest defeated Southeast, 9-2.
During that win, Garcia fanned five and allowed four hits while Alonzo (3-for-4, two runs scored) and McGuire (1-for-4, two RBIs) each homered. Ava Hrabal also went 3-for-3 with a triple and a pair of RBIs and Corona scored three runs.
The team’s area representatives include Alonzo and Nicole Mucha, of Rogers; Kiara Walker and Hrabal, of Rosebud-Lott; Corona and Garcia, of Troy; Talafuse, Lauren Harris and Delanie Evans, of Cameron Yoe; and McGuire, Quinn and Journee White, of Academy. | https://www.tdtnews.com/sports/article_2d915cd2-16c1-11ed-8288-f38ab2021487.html | 2022-08-08T04:01:57Z |
FARNBOROUGH, United Kingdom, July 19, 2022 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX; EVEXW) announced today at the Farnborough Airshow a non-binding Letter of Intent ("LOI") with Embraer and BAE Systems to explore the potential order of up to 150 electric vertical take-off and landing (eVTOL) vehicles with the aim of examining the aircraft application for the defence and security market. In a separate announcement, BAE Systems and Embraer signed a Memorandum of Understanding ("MoU") at Farnborough International Airshow to potentially form a joint venture to collaboratively develop an innovative defence eVTOL variant using Eve's platform.
"Teams from BAE Systems and Embraer will continue working together to explore how the aircraft, designed for the urban mobility market, can provide cost-effective, sustainable, and adaptable capability as a defense variant," said Jackson Schneider, President and CEO of Embraer Defense & Security.
"Our customers' operating environment is increasingly complex and eVTOL is just one example of how we're looking at emerging technologies, including those from the commercial market. We are exploring how we can adapt these solutions to bring vital operational capability to our customers quickly and at a lower cost - whilst also supporting environmental and sustainability goals," commented Ian Muldowney, Chief Operating Officer of BAE Systems Air.
In December 2021, Embraer and BAE Systems disclosed plans to collaborate on developing Eve's eVTOL as a potential defence variant. This agreement reinforces the trust of the leading aerospace organisations in Eve's vehicle and its adaptability for purposes other than urban air mobility.
Andre Stein, Co-CEO of Eve, added: "We are thrilled that Embraer and BAE Systems have chosen Eve as their platform for this collaboration. Our eVTOL can be adapted to meet various essential applications in this market, such as humanitarian response and disaster relief. This collaboration also indicates that the defence market can be more sustainable and at the same time allows Eve to remain focused on exploring the Urban Air Mobility market."
The potential order will be added to Eve's current backlog of 1,910 eVTOLS, the largest within the Advanced Air Mobility (AAM) industry.
Image: https://bit.ly/3uZqtD5
Follow Eve on Twitter: @Eveairmobility
Eve is dedicated to accelerating the Urban Air Mobility ecosystem. Benefitting from a start-up mindset, backed by Embraer S.A.'s more than 50-year history of aerospace expertise, and with a singular focus, Eve is taking a holistic approach to progressing the UAM ecosystem, with an advanced eVTOL project, a comprehensive global services and support network and a unique air traffic management solution. Since May 10, 2022, Eve is listed on the New York Stock Exchange where its shares of common stock and public warrants trade under the tickers "EVEX" and "EVEXW". For more information, please visit www.eveairmobility.com.
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing Services & Support to customers after-sales.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service, and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.
BAE Systems provides some of the world's most advanced, technology-led defence, aerospace and security solutions and employs a skilled workforce of some 89,600 people in more than 40 countries. Working with customers and local partners, we develop technology that helps to save lives, protect borders and people, strengthen nations, and keep critical information and infrastructure secure.
Certain statements in this press release include "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target", "may", "intend", "predict", "should", "would", "predict", "potential", "seem", "future", "outlook" or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Eve's, Embraer's and BAE Systems' expectations with respect to the announced agreement and future performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of Eve, Embraer and BAE Systems.
These forward-looking statements are subject to a number of risks and uncertainties, including: (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) failure to realise the anticipated benefits of the announced agreement between Eve, Embraer and BAE Systems; (iii) risks relating to the uncertainty of the projected financial information with respect to Eve; (iv) the outcome of any legal proceedings that may be instituted against Eve; (v) future global, regional or local economic and market conditions; (vi) the development, effects and enforcement of laws and regulations; (vii) Eve's ability to grow and manage future growth, maintain relationships with customers and suppliers and retain its key employees; (viii) Eve's ability to develop new products and solutions, bring them to market in a timely manner, and make enhancements to its platform; (ix) Eve's ability to successfully develop, obtain certification for and commercialise its eVTOL; (x) the effects of competition on Eve's future business; (xi) the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; (xii) the impact of the global COVID-19 pandemic and (xiii) those factors discussed in Eve's Registration Statement on Form S-1 filed with the Securities and Exchange Commission (the "SEC") on June 1, 2022 under the heading "Risk Factors," and other documents of Eve filed, or to be filed, with the SEC. If any of these risks materialise or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Eve does not presently know or that Eve currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Eve's expectations, plans or forecasts of future events and views as of the date of this press release. Eve anticipates that subsequent events and developments will cause Eve's assessments to change. However, except as required by applicable law, Eve disclaims any obligation to update any such forward-looking statements in the future. These forward-looking statements should not be relied upon as representing Eve's assessments as of any date subsequent to the date of this press release and undue reliance should not be placed upon the forward-looking statements.
investors@eveairmobility.com
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SOURCE Eve Holding, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/19/eve-announces-letter-intent-loi-up-150-evtols-partnership-between-embraer-bae-systems/ | 2022-07-19T16:34:48Z |
PHOENIX, Aug. 9, 2022 /PRNewswire/ -- Catholic Education Arizona (CEA), Arizona's largest Catholic School Tuition Organization, welcomes three new members to its Board of Directors. Kelley Tucker, CFO of Baker Brothers, Bryan Brady, retired CFO Fortune 150 (International), and Erin Monnin, Development Officer of St. Vincent de Paul.
Catholic Education Arizona's President and CEO Nancy Padberg, MBA, shared, "We are excited about our new board members, this is a gifted group with new ideas, and energy who will blend effortlessly with our current board members."
Erin Monnin works as a Development Officer at St. Vincent de Paul in Phoenix. She authored the book "Catholic Leadership for Civil Society", alongside Cristofer Pereyra, and is a former FOCUS (Fellowship of Catholic University Students) missionary, a Tepeyac Leadership Initiative graduate, a Bible study leader, and co-host of the "Catholic Leadership for Civil Society" podcast.
Bryan Brady retired as a Corporate Vice President of a Fortune 150 company. Today, he has focused his retirement years on education and was a faculty member and coach for the MBA program at ASU for six years. During this time, he completed 5 years on the Board of Catholic Community Foundation, resulting in the Needs Based Scholarship Program. Just months ago, he accepted a position on the Diocesan School Board.
Kelley Tucker is an Arizona Catholic school alumnus. She attended St. Vincent de Paul grade school and Bourgade Catholic High School. She has a BS in Finance and a BA in Communications from WP Carey School of Business at Arizona State University and works as CFO and Director of Administration at Baker Bros Flooring. Kelley previously served as Board Chairwoman on the Board of Directors at Bourgade Catholic High School.
Board Chairman, Todd Bankofier also affirmed, "We are truly blessed to have three new Board members with a wealth of experience in Catholic Education, and all from completely different settings and scope. It truly amplifies their passion and commitment to the children of the Diocese.'
Individuals and corporations continue to support Catholic Education Arizona and The Diocese of Phoenix Catholic High Schools because of their impressive results:
- 99.4% graduation rate
- 97% of graduates matriculate to higher education or military service
- 1000s of hours of community service are conducted annually
Corporations and LLCs filing as S Corps, C Corps, and insurance companies paying premium tax can direct up to 100% of their state tax liability through participation in the Arizona Low Income and Disabled/Displaced Corporate tax credits. Join APS, Cigna, Shea Homes, Earnhardt Auto Centers, GCU, Arizona Bank & Trust, Lumen, and 130 businesses changing lives in Arizona.
Catholic Education Arizona is the largest provider of scholarships to families attending Catholic schools. Since 1998, over $313 million has been raised and 148,000 scholarships awarded to benefit students. Learn more about how CEA is changing lives one scholarship at a time. Visit www.ceaz.org or call 602-218-6542.
Contact: Debra Preach, Chief Operating Officer
Catholic Education Arizona
dpreach@ceaz.org
(602) 218-6542
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SOURCE Catholic Education Arizona | https://www.mysuncoast.com/prnewswire/2022/08/09/catholic-education-arizona-welcomes-three-new-board-members/ | 2022-08-09T19:42:10Z |
STOCKHOLM, May 17, 2022 /PRNewswire/ --
- EQT Exeter to acquire six flagship student accommodation assets in two separate transactions from subsidiaries of Watkin Jones PLC and Tide Construction
- The transactions total 2,313 beds in high-quality developments and will improve the availability of student housing in central locations in top-tier university cities in the UK
- Bringing its European student housing portfolio to a total of 5,222 beds, EQT Exeter continues to execute on its strategy of providing a high-quality, high value-for-money housing offering with strong sustainability features in university cities that are underserved by the wider residential market
EQT is pleased to announce that the EQT Real Estate II fund ("EQT Exeter") has agreed to acquire six flagship student accommodation assets in two separate transactions from subsidiaries of Watkin Jones PLC ("Watkin Jones") and Tide Construction. The transactions amount to 2,313 beds, 1,254 of which are currently operating with a further 1,059 beds that will be developed by Watkin Jones and delivered during 2023 and 2024.
From Watkin Jones, EQT Exeter has agreed to acquire five assets with a total of 2,063 beds in Bath, Nottingham, Swansea, Bristol and Glasgow, top-tier university cities with severe supply shortages of student accommodation. Watkin Jones is the UK's leading developer of student housing, having delivered 123 developments with 46,000 beds since 1999. In line with EQT Exeter and Watkin Jones' high ESG standards, the three development assets are set to achieve BREEAM Excellent with the operating assets having already achieved BREEAM Very Good. Upon completion, Watkin Jones' in-house operator, Fresh, will manage the five schemes on behalf of EQT Exeter. Covering 32 cities in the UK and Ireland with over 22,000 beds under management, Fresh has a proven ability to provide the full suite of services ranging from pre-opening advisory through to day-to-day management of the delivered projects.
From Tide Construction, EQT Exeter has agreed to acquire 250 beds in an operating asset known as Great Court, located in South Bermondsey, London, which is within close commute to all of the top-tier London universities and easy access to South Bermondsey rail station and Bermondsey tube station. It provides a high-specification offering to students including 24/7 reception, gym, study space, courtyard, cinema and lounge. The development was built with excellent sustainability credentials, achieving BREEAM Excellent and EPC A. The asset will be operated by CRM, an award-winning operator in the UK and EU with approximately 25,000 beds under management and a history dating back to 2003. Under CRM's management, the asset achieved full occupancy when it opened in 2021.
UK student housing benefits from demographic-driven tailwinds with the 2020/21 academic year seeing its highest ever intake of first-year students on record. Coupled with a dwindling supply pipeline and an increasing obsolescence of older stock, UK students are expected to face increasing housing pressure. Despite global uncertainty, Brexit and the Covid pandemic, the number of international students in the UK continues to rise, largely driven by increasing demand from students who continue to seek entry to best-in-class universities that the UK has to offer. Yet, the new construction pipeline has declined significantly in recent years due predominantly to rising construction costs, restrictive planning policies, affordable housing requirements and competing land use.
These six purpose-built assets are important cornerstone investments as EQT Exeter seeks to aggregate a large portfolio of student housing assets across Europe with high-quality, high value-for-money offerings for students who are underserved by the wider residential market. EQT Exeter sees significant growth potential across the European student housing sector and has a significant pipeline of additional acquisition opportunities in markets with acute demand / supply imbalances and compelling demographic profiles.
Russell Petrie, Head of Student Housing – Europe, at EQT Exeter said, "These transactions mark a significant milestone for EQT Exeter's expansion in the European student housing sector, bringing the total number student beds in operation or in development to 5,222 and adding a new country to our European footprint. By selecting the best locations in undersupplied markets coupled with an unwavering focus on tenant experience, we expect these assets to be highly attractive to students by providing an environment where they can thrive both educationally and socially."
Henrik Orrbeck, Head of Transactions – Europe, at EQT Exeter said, "As a global leader in the Sheds, Beds and Meds sectors, student housing is a key pillar to growing EQT Exeter's thematic investment strategy focused on providing direct-to-consumer real estate solutions in the thriving "living" sector. We are excited to work with Fresh and CRM to deliver a best-in-class product for the students. We continue to investigate a number of exciting acquisition opportunities as we build upon this success and continue our European expansion efforts with a goal of being one of the leading European student housing investors."
EQT Exeter was advised by DLA Piper and Capita on the transaction with Watkin Jones.
EQT Exeter was advised by Harris Associates, Taylor Wessing and Arcadis on the transaction with Tide Construction.
Contact
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
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SOURCE EQT | https://www.mysuncoast.com/prnewswire/2022/05/17/eqt-exeter-acquire-portfolio-six-purpose-built-student-accommodation-assets-uk/ | 2022-05-17T06:55:15Z |
(The Hill) – Madam C.J. Walker, a Black pioneer and the first female self-made millionaire, is set to get her own Barbie doll.
In a news release on Monday, Mattel announced that Walker, who lived from 1867 to 1919, is the latest national figure to join its Inspiring Women Series.
In a statement, Carlyle Nuera, the designer of the doll, said that Walker is an inspiration to many young Black girls, and that Mattel is honored to include her in the series.
Walker, a daughter of formerly enslaved sharecroppers, became a self-made millionaire entrepreneur by selling her line of hair care products and cosmetics made specifically for Black women.
“She’s been on my dream list of icons to add to our Inspiring Women series,” Nuera said. “She created opportunities for herself, and uplifted other Black women, making her truly an inspiring woman.”
She added said that Mattel worked closely with Walker’s great-great-granddaughter, author and journalist A’Lelia Bundles, on the project as well.
“My research into what Walker wore, as well as what was typical of the early 1900s, was supplemented by access to the Walker family archives,” Nuera said. “A’Lelia sent us rare photos, as well as cultural insight for what was ideal for Black women at the time and insight to what Walker herself loved.”
Among those featured in Mattel’s Inspiring Women Series include former first lady Eleanor Roosevelt, civil rights activist Rosa Parks, jazz singer Ella Fitzgerald, aviation pioneer Amelia Earhart and poet and civil rights activist Dr. Maya Angelou.
“It was a joy to work with Barbie on the design and creation of an Inspiring Women doll made in the likeness of my great-great grandmother, Madam C.J. Walker,” Bundles, the official biographer for her great-great-grandmother, said in a statement. “Their design team graciously welcomed me throughout all steps of the process — from hair development to packaging — to capture and celebrate the legacy of this trailblazing Black businesswoman. I can’t wait for a new generation to be inspired by her story and to tell their own stories through a role model who came before them.”
The Madam C.J. Walker Inspiring Women figure is set to retail at around $35. | https://cw33.com/news/nexstar-media-wire/madam-cj-walker-first-female-self-made-millionaire-gets-her-own-barbie/ | 2022-08-30T12:39:09Z |
BARCELONA, Spain, June 21, 2022 /PRNewswire/ -- Sensorium, a leading metaverse developer that leverages the latest AI-, VR- and blockchain solutions to deliver immersive high-end events and experiences, held a panel on the future of music at the iconic music festival Sónar.
The panel was led by Sensorium's Deputy CEO and Art Director Sasha Tityanko and Arca – a Grammy-nominee famous for her bold and thought-provoking experiments with genres, music, and visuals as well as collaborations with artist like Kanye West, FKA Twigs, Bjork, and Lady Gaga. Joining them on stage was SVORA – a mysterious incognito electronic music artist, who made his debut performance earlier this year at SXSW.
The discussion was centered around the most prominent trends disrupting the music industry: advances in AI and VR and the emergence of new concepts like virtual artists and generative music. Arca teased her vision of her future metaverse performances and potential collaboration with AI.
The participants gave special attention to the often neglected topic of inclusivity in the metaverse. The metaverse has an enormous potential to raise awareness and provide a safe space for self-expression. Sensorium shared the vision of solving the problem through partnerships with diverse co-creators, adoption of queer avatars and awareness initiatives to develop metaverse that is inclusive by design.
Sensorium Galaxy is now in beta and is set to launch later this year. To ensure that it is a truly open experience, the platform will be accessible through the most widely available interfaces. Users can tune in using VR headsets to get a sense of true immersion, use a PC to access an augmented reality experience, or download the mobile application to watch streams, build unique NPCs and communicate with them.
About Sensorium Corporation:
Founded in 2018, Sensorium is a leading metaverse developer that leverages the latest AI-, VR- and blockchain solutions to deliver immersive high-end events and experiences. In the virtual environments of Sensorium Galaxy metaverse, users can reinvent themselves, explore vast worlds filled with activities, ranging from games to mediation practices, socialize with others, and interact with their favorite artists.
To ensure the highest quality Sensorium has brought onboard the world's top VR developers and entertainment legends including Jay-Z's Roc Nation and Yann Pissenem's The Night League. The exclusive performances featured in the Galaxy are built in collaboration with chart-topping artists – David Guetta, Armin van Buuren, Eric Prydz, among many others.
For more information visit: https://sensoriumxr.com.
About Arca:
Arca is the pseudonym of shapeshifting Venezuelan artist, singer, DJ, performer, and experimental music composer Alejandra Ghersi, one of the most relevant electronic figures of our time. With brutal frankness and daring sincerity, her music and performative acts work to destabilise binaries and resist categorisation, instead proposing a third way that incorporates both playfulness and sensitivity.
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SOURCE Sensorium Corporation | https://www.kxii.com/prnewswire/2022/06/21/sensorium-arca-lead-discussion-future-music-snar/ | 2022-06-21T17:00:54Z |
Which men’s swim jammers are best?
Swimmers looking for that competitive advantage in the water should consider upgrading to jammers, popular for their performance-grade material and modest fit. Used in both indoor and outdoor competitions, jammers also make great practice and training suits.
Choosing the right pair should come down to how you plan to swim in them. For a suit that excels in both recreational and competition settings, the best jammers are the Nike Men’s Hydrastrong Vex Colorblock Jammer.
What to know before you buy men’s swim jammers
What swim jammers are
Jammers are form-fitting swimsuits primarily used by competitive swimmers. The knee-length shorts look like cycling shorts and have similar compressive properties. They’re worn by all ages for indoor and outdoor swimming.
Swim jammers vs. briefs vs. square-cut swimsuits
Jammers are popular for their modest cut. Compared to briefs and square-cut shorts, they offer a little more coverage. This makes them the preferred swimwear of younger competition swimmers who might feel a little shy about wearing more revealing suits.
Another advantage of jammers is that they compress more of the body. This not only improves circulation and slows fatigue, but also reduces drag by making you sleeker and slipperier in the water.
Competition regulations
Governing bodies in the world of swimming have regulations competitors must follow if they want to race. Whether you’re swimming in a triathlon or a meet, there will be rules surrounding suit material and construction. Check with the organization that oversees your competition to verify that your suit qualifies before purchasing.
If you’re not racing, but are training for future competitions, using an approved suit is an important way to prepare, but not strictly necessary, as race materials wear out quickly and cost more.
What to look for in quality men’s swim jammers
Material
Swim jammers are made from synthetic materials that have water-repellent properties to enhance performance. Which you choose depends on your intended use and what level of comfort you’re after.
- Nylon: This is a common training material because it lasts long and produces drag. Nylon is lightweight and dries quickly, but doesn’t stand up well to sun exposure. This makes it a good indoor practice-suit material.
- Spandex: Spandex retains its shape well, making it a good material for low-level competition suits (polyester is superior). Spandex is often blended with other fabrics to provide elasticity. While it isn’t tough against chlorine, the Lycra brand of Spandex is formulated to resist the chemical.
- Polyurethane/polyester/PBT: Polyester is the best material for competitive swimming. It resists chlorine and the sun’s ultraviolet rays, and it’s form-fitting. Poly materials are not as stretchy but can contain a small percentage of spandex or the polyester-style spandex called PBT to improve fit. Polyester, PBT and polyurethane suits are the most expensive.
Size
Choosing the right size swimsuit depends on the material. Nylon and spandex are elastic and fit more or less true to size. Polyester is stiffer. You don’t need to size up, but if you’re on the cusp, you might want to consider bumping up a size if you plan to wear polyester.
Different brands have different sizing styles, so the best thing you can do is measure yourself and compare to the suit’s size chart.
Color
If you’re looking to stand out in practice or at a meet, jammers come in a variety of colors, patterns and graphics for fun alternatives to the standard navy blue and black. Bright colors have the additional advantage of improving visibility for others if you’re swimming in open water.
How much you can expect to spend on men’s swim jammers
The cost of jammers depends on the material. Expect to pay between $15-$60.
Men’s swim jammers FAQ
How often should you replace a swimsuit?
A. You should replace your jammers when they start getting loose, as this creates drag. For frequent swimmers, expect to do this once or twice a year. Casual swimmers can get eight to 12 months of wear out of their jammers.
How should you care for swim jammers?
A. Swimmers have a nasty habit of rarely washing their suits. But staying on top of cleaning can extend the suit’s lifespan and minimize the risk of fungal infection.
Like most competition swimwear, jammers should be hand-washed. If you’re swimming in a chlorinated pool, immediately rinse your suit in the sink with cold water to remove as much of the chemical as possible. Then, hand-wash it with a small amount of detergent. Never put it in the dryer, as heat can cause shrinkage.
What are the best men’s swim jammers to buy?
Top men’s swim jammers
Nike Men’s Hydrastrong Vex Colorblock Jammer
What you need to know: This is a premium pair of jammers that can be worn in practice or competition.
What you’ll love: Made from a polyester blend, these jammers have just enough elasticity from PBT to provide comfort without sacrificing performance. You have your choice of seven stripe colors on black suits to match your team’s colors or preferences.
What you should consider: Some users found the leg opening a little loose.
Where to buy: Sold by Dick’s Sporting Goods
Top men’s swim jammers for the money
Speedo Men’s Swimsuit Jammer ProLT Solid
What you need to know: From a trusted brand in swimming, this budget pair of jammers is great for training and competition.
What you’ll love: Both chlorine- and UV-resistant, this swimsuit can be worn comfortably by indoor and outdoor swimmers alike. Despite their cost, these jammers are still polyester, though they contain a trace amount of spandex for fit.
What you should consider: Some users notice quality-control issues, as some suits last longer than others.
Where to buy: Sold by Amazon
Worth checking out
Nike Men’s Victory Color Block Jammer
What you need to know: This is a good option for swimmers who like to hop in the water for exercise and low-level competition.
What you’ll love: Made from a nylon and Spandex blend, these jammers have an elastic waistband so you’re comfortable for long swims. They’re chlorine resistant and the spandex helps to retain their fit. You can choose among four colorways.
What you should consider: Competitive swimmers may want to go with a polyester blend instead of these.
Where to buy: Sold by Dick’s Sporting Goods
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Karl Daum writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/apparel-br/swimwear-br/best-mens-swim-jammers/ | 2022-04-19T10:55:36Z |
ATLANTA -- Her name means “she has been crowned” in the language of her father’s native east African village. The name seems fitting for the talented Teshomech Olenja, who will be on stage at Atlanta’s Fox Theatre this month.
The Albany native is part of the Tony and Grammy Award-winning "Beautiful – The Carole King Musical," which has performances at The Fox Theatre May 20-22. Teshomech (pronounced “To show me”) Olenja is a swing, or understudy, who joined the national tour in October 2021.
“The show is phenomenal,” Olenja said during an interview as the tour reached Charleston, S.C., this week. “Even if you don’t know Carole King’s music, you do. I didn’t know her story. She created such a huge legacy, and it blew my mind. She wrote ‘Natural Woman.’ I always thought Aretha Franklin wrote that. The show is funny and will make you laugh and cry and sing along.”
As a swing, Olenja has to be ready to perform multiple roles in the cast. She is called upon whenever someone has a day off or is unable to perform, such as the cast member who was injured more than a month ago and whose role Olenja has covered ever since.
The "Beautiful" tour has been a big career break for the young woman who got her start singing at Second Mt. Zion Baptist Church in Albany. Raised by her mother, Verna Gaines, also a native of Albany, with help from her late grandparents, Roosevelt and Elizabeth Gaines, Olenja knew as a little girl she wanted to sing, dance and perform. She said she remembers watching her first musical at her older brother Ricory Green’s school, "Smokey Joe’s Cafe," and decided there and then it was what she wanted to do.
Olenja's path was not always smooth. While she laughs about it now, one can only imagine her disappointment when she auditioned for the school talent show in third grade and didn’t make the cut.
Olenja began taking dance classes at the Ritz Cultural Center in Albany and was a junior Passionette with the Albany State University dance team. She is now trained in ballet, jazz, tap and performs classical music, as well as musicals and, of course, gospel music, because, she says, “That’s how I was raised.”
Olenja grew up attending Albany’s Northside Elementary, Lincoln Elementary and Robert A. Cross Middle School before moving to Atlanta and enrolling at Carver School of the Arts, graduating in 2011. She began classes in voice and chorus and then moved into acting at the school.
It was at Carver that she began building a following that continues to this day. Aunts, uncles, cousins and other members of her family, along with childhood friends from Albany, would travel to Atlanta to see Olenja perform in Carver’s spring musicals. She said many of those same family and friends from Albany are expected to attend "Beautiful" at The Fox. Olenja laughs and said her phone “has been ringing off the hook” and that she might have 100 people coming up for the show in Atlanta.
“What is so special to me about performing is you get a response from the audience,” she said. “I have had people say, ‘You’ve changed my life.’”
Serving as an inspiration to others, she said, is at the top of her list, adding that she tells her younger cousins they can do anything they want in life.
“And you can have fun while doing it,” she added. “I have fun.”
Even her first professional job was fun as Olenja was chosen to perform on Carnival Cruise Line ships. In fact, while she was working for Carnival, 25 members of her Albany family signed up for a cruise to see her perform as the ship set sail for the Bahamas and Turks and Caicos Islands.
Olenja had just graduated from college, The American Musical and Dramatic Academy in New York City, before joining Carnival Cruise Lines. After a year performing on the ships, she headed back to New York and went on tour with a children’s theater that performed at elementary schools across the U.S.
Through the years, Olenja’s school and professional credits include "Goddess" (Workshop/Songlab) with Berkeley Rep and MCC Theatre; "Beehive" (Phoenix Theatre); "Seussical" (Sour Kangaroo); "The Wiz" (Dorothy); "The Bluest Eye" (Claudia) and she also appeared in a commercial for Anheuser-Busch’s Holiday campaign in 2020.
“Our tour will end in June,” Olenja said, adding that she will miss the many friends she has made in the show. “I love these people, but it’s how the business goes.”
Her next project is "Goddess," in which she plays part of a trio of girls in the pre-Broadway production.
Olenja said she is “nervous and excited” about "Beautiful" coming to Atlanta. Rehearsals keep her busy, but she said she likes to unwind by skating. She brings her skates with her and can often be found skating backstage during rehearsal breaks. Skating is something she has enjoyed since childhood. She spent most weekends at Stardust skating rink in Albany and even had her 10th birthday there.
“I didn’t know I was country until I left Albany,” Olenja laughs. “But I’m a product of Albany, Georgia, and everyone knows that’s where I’m from. ... I wear it proudly, and I’m just proud to represent it.”
"Beautiful" tells the true story of musical legend Carole King, who began as part of a songwriting team with her husband, Gerry Goffin, and friends Cynthia Weil and Barry Mann to become one of the most successful solo acts in popular music history. Some say she wrote the soundtrack “for a generation” with such songs as "I Feel the Earth Move," "One Fine Day," "Natural Woman," "You’ve Got a Friend" and others. For ticket information, visit www.foxtheatre.org | https://www.albanyherald.com/entertainment/albany-native-set-to-perform-in-beautiful-at-fox-theatre/article_8858d950-d388-11ec-988a-f74966fbc5a2.html | 2022-05-14T14:22:35Z |
Agree Realty Corporation Reports Second Quarter 2022 Results
Published: Aug. 2, 2022 at 3:05 PM CDT|Updated: 1 hour ago
Increases 2022 Acquisition Guidance to $1.5 Billion to $1.7 Billion;
Raises 2022 Development and PCS Guidance to $75 Million to $125 Million Commenced
BLOOMFIELD HILLS, Mich., Aug. 2, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended June 30, 2022. All per share amounts included herein are on a diluted per common share basis unless otherwise stated.
Second Quarter 2022 Financial and Operating Highlights:
Invested approximately $430 million in 121 retail net lease properties
Commenced five development or Partner Capital Solutions ("PCS") projects
Net Income per share attributable to common stockholders increased 31.7% to $0.45
Core Funds from Operations ("Core FFO") per share increased 9.7% to $0.98
Adjusted Funds from Operations ("AFFO") per share increased 10.4% to $0.97
Declared a July monthly dividend of $0.234 per share, a 7.8% year-over-year increase
Completed a forward equity offering of 5,750,000 shares of common stock, including the underwriters' option to purchase additional shares, raising anticipated net proceeds of approximately $388 million
Sold 1,885,880 shares of common stock via the forward component of the Company's at-the-market equity ("ATM") program for anticipated net proceeds of approximately $127 million
Settled 4,667,850 shares of outstanding forward equity for net proceeds of approximately $300 million
Balance sheet positioned for growth at 3.8 times proforma net debt to recurring EBITDA; 5.0 times excluding unsettled forward equity
First Half 2022 Financial and Operating Highlights:
Invested a record of approximately $860 million in 228 retail net lease properties
Committed a record of $74 million to 23 development or PCS projects completed or under construction
Net Income per share attributable to common stockholders increased 13.7% to $0.93
Core FFO per share increased 12.5% to $1.95
AFFO per share increased 13.3% to $1.94
Settled 8,459,814 shares of outstanding forward equity for net proceeds of approximately $551 million
Declared dividends of $1.383 per share, an 8.7% year-over-year increase
Financial Results
Net Income Attributable to Common Stockholders
Net Income for the three months ended June 30, 2022 increased 52.7% to $34.1 million, compared to $22.3 million for the comparable period in 2021. Net Income per share for the three months ended June 30, 2022 increased 31.7% to $0.45, compared to $0.34 per share for the comparable period in 2021.
Net Income for the six months ended June 30, 2022 increased 30.3% to $68.4 million, compared to $52.5 million for the comparable period in 2021. Net Income per share for the six months ended June 30, 2022 increased 13.7% to $0.93, compared to $0.82 per share for the comparable period in 2021.
Core FFO
Core FFO for the three months ended June 30, 2022 increased 27.1% to $74.5 million, compared to Core FFO of $58.6 million for the comparable period in 2021. Core FFO per share for the three months ended June 30, 2022 increased 9.7% to $0.98, compared to Core FFO per share of $0.89 for the comparable period in 2021.
Core FFO for the six months ended June 30, 2022 increased 28.9% to $144.2 million, compared to Core FFO of $111.9 million for the comparable period in 2021. Core FFO per share for the six months ended June 30, 2022 increased 12.5% to $1.95, compared to Core FFO per share of $1.74 for the comparable period in 2021.
AFFO
AFFO for the three months ended June 30, 2022 increased 27.9% to $73.7 million, compared to AFFO of $57.6 million for the comparable period in 2021. AFFO per share for the three months ended June 30, 2022 increased 10.4% to $0.97, compared to AFFO per share of $0.88 for the comparable period in 2021.
AFFO for the six months ended June 30, 2022 increased 29.8% to $142.9 million, compared to AFFO of $110.1 million for the comparable period in 2021. AFFO per share for the six months ended June 30, 2022 increased 13.3% to $1.94, compared to AFFO per share of $1.71 for the comparable period in 2021.
Dividend
In the second quarter, the Company declared monthly cash dividends of $0.234 per common share for each of April, May and June 2022. The monthly dividends reflected an annualized dividend amount of $2.808 per common share, representing a 7.8% increase over the annualized dividend amount of $2.604 per common share from the second quarter of 2021. The dividends represent payout ratios of approximately 72% of both Core FFO per share and AFFO per share.
For the six months ended June 30, 2022, the Company declared monthly cash dividends totaling $1.383 per common share, an 8.7% increase over the dividends of $1.272 per common share declared for the comparable period in 2021. The dividends represent payout ratios of approximately 71% of both Core FFO per share and AFFO per share.
Subsequent to quarter end, the Company declared a monthly cash dividend of $0.234 per common share for July 2022. The monthly dividend reflects an annualized dividend amount of $2.808 per common share, representing a 7.8% increase over the annualized dividend amount of $2.604 per common share from the third quarter of 2021. The dividend is payable August 12, 2022 to stockholders of record at the close of business on July 29, 2022.
CEO Comments
"We are extremely pleased with our performance during the first half of the year," said Joey Agree, President and Chief Executive Officer. "With our record year-to-date investment activity, strong pipeline and superior cost of capital, we are increasing our full-year acquisition guidance to a range of $1.5 billion to $1.7 billion. While increasing our acquisition guidance, we will continue to maintain our rigorous underwriting standards and focus on superior real estate leased to leading retailers. Given our strong balance sheet position and vast liquidity, we remain poised to take advantage of opportunities in a dynamic market."
Portfolio Update
As of June 30, 2022, the Company's portfolio consisted of 1,607 properties located in 48 states and contained approximately 33.8 million square feet of gross leasable area.
At quarter-end, the portfolio was 99.6% leased and had a weighted-average remaining lease term of approximately 9.0 years. Investment grade retailers represented 67.5% of annualized base rents.
Ground Lease Portfolio
During the quarter, the Company acquired eight ground leases for an aggregate purchase price of approximately $22.6 million, representing 5.1% of annualized base rents acquired.
As of June 30, 2022, the Company's ground lease portfolio consisted of 193 leases located in 32 states and totaled approximately 5.1 million square feet of gross leasable area. Properties ground leased to tenants represented approximately 13.0% of annualized base rents.
At quarter end, the ground lease portfolio was fully occupied and had a weighted-average remaining lease term of approximately 11.8 years. Investment grade retailers represented 88.7% of annualized base rents.
Acquisitions
Acquisition volume for the second quarter totaled $420.4 million and included 99 properties net leased to leading retailers operating in sectors including general merchandise, tire and auto service, home improvement, consumer electronics, and auto parts. The acquired properties are located in 33 states and leased to tenants operating in 21 sectors.
The properties were acquired at a weighted-average capitalization rate of 6.2% and had a weighted-average remaining lease term of 10.0 years. Approximately 54.5% of annualized base rents acquired were generated from investment grade retail tenants.
For the six months ended June 30, 2022, total acquisition volume was $827.6 million. The 205 acquired properties are located in 40 states and leased to tenants who operate in 25 retail sectors. The properties were acquired at a weighted-average capitalization rate of 6.1% and had a weighted-average remaining lease term of approximately 9.6 years. Approximately 65.8% of annualized base rents were generated from investment grade retail tenants.
The Company's outlook for acquisition volume for the full-year 2022 is being increased to a range of $1.5 billion to $1.7 billion of high-quality retail net lease properties, from a previous range of $1.4 billion to $1.6 billion.
Dispositions
During the three months ended June 30, 2022, the Company sold four properties for gross proceeds of approximately $16.6 million. The dispositions were completed at a capitalization rate of 7.0% and included the previously disclosed LA Fitness in Houston, Texas. During the six months ended June 30, 2022, the Company sold five properties for total gross proceeds of $24.8 million. The weighted-average capitalization rate of the dispositions was 6.0%.
The Company's disposition guidance for 2022 remains between $25 million and $75 million.
Development and PCS
During the quarter, the Company commenced five development and PCS projects, with total anticipated costs of approximately $16.5 million. The projects include a Sunbelt Rentals in Roxana, Illinois and three Gerber Collision projects in Huntley, Illinois; Johnson City, New York; and Springfield, Missouri.
The Company completed its development with Gerber Collision in Pooler, Georgia, while construction continued on the Sunbelt Rentals in St. Louis, Missouri; the Burlington in Turnersville, New Jersey; and 14 geographically diverse Gerber Collision projects.
For the six months ended June 30, 2022, the Company had a record 23 development or PCS projects completed or under construction. Anticipated total costs are approximately $74.0 million, including $39.5 million of costs incurred to date. For the full-year 2022, the Company anticipates commencing between $75 million and $125 million of development and PCS projects, up from a previous range of $50 million to $100 million.
The following table presents the Company's 23 development or PCS projects as of June 30, 2022:
Leasing Activity and Expirations
During the second quarter, the Company executed new leases, extensions or options on approximately 102,000 square feet of gross leasable area throughout the existing portfolio.
For the six months ended June 30, 2022, the Company executed new leases, extensions or options on approximately 460,000 square feet of gross leasable area throughout the existing portfolio.
As of June 30, 2022, the Company's 2022 lease maturities represented 0.1% of annualized base rents. The following table presents contractual lease expirations, assuming no tenants exercise their renewal options, within the Company's portfolio as of June 30, 2022:
Top Tenants
As of June 30, 2022, LA Fitness is no longer among the Company's top tenants. The Company added Goodyear to its top tenants during the second quarter of 2022. The following table presents annualized base rents for all tenants that represent 1.5% or greater of the Company's total annualized base rent as of June 30, 2022:
Retail Sectors
The following table presents annualized base rents for all of the Company's retail sectors as of June 30, 2022:
Geographic Diversification
The following table presents annualized base rents for all states that represent 2.5% or greater of the Company's total annualized base rent as of June 30, 2022:
Capital Markets and Balance Sheet
Capital Markets
In May 2022, the Company completed a follow-on public offering of 5,750,000 shares of common stock, including the full exercise of the underwriters' option to purchase additional shares, in connection with forward sale agreements. Upon settlement, the offering is anticipated to raise net proceeds of approximately $388.0 million after deducting fees and expenses and making certain other adjustments as provided in the equity distribution agreements. To date, the Company has not received any proceeds from the sale of shares of its common stock by the forward purchasers.
During the second quarter, the Company also entered into forward sale agreements in connection with its ATM program to sell an aggregate of 1,885,880 shares of common stock for anticipated net proceeds of approximately $127.1 million.
The Company settled 4,667,850 shares under existing forward sale agreements and received net proceeds of approximately $300.3 million during the second quarter. At quarter end, the Company had 7,051,362 shares remaining to be settled under existing forward sale agreements, which are anticipated to raise net proceeds of approximately $475.8 million upon settlement.
The following table presents the Company's outstanding forward equity offerings as of June 30, 2022:
Balance Sheet
As of June 30, 2022, the Company's net debt to recurring EBITDA was 5.0 times. The Company's proforma net debt to recurring EBITDA was 3.8 times when deducting the $475.8 million of anticipated net proceeds from the outstanding forward equity offerings from the Company's net debt of $1.9 billion at quarter end. The Company's fixed charge coverage ratio was 5.1 times as of the end of the second quarter.
The Company's total debt to enterprise value was 24.8% as of June 30, 2022. Enterprise value is calculated as the sum of net debt, the liquidation value of the Company's preferred stock, and the market value of the Company's outstanding shares of common stock, assuming conversion of Agree Limited Partnership (the "Operating Partnership" or "OP") common units into common stock of the Company.
For the three and six months ended June 30, 2022, the Company's fully diluted weighted-average shares outstanding were 75.6 million and 73.5 million, respectively. The basic weighted-average shares outstanding for the three and six months ended June 30, 2022 were 75.0 million and 73.1 million, respectively.
For the three and six months ended June 30, 2022, the Company's fully diluted weighted-average shares and units outstanding were 75.9 million and 73.8 million, respectively. The basic weighted-average shares and units outstanding for the three and six months ended June 30, 2022 were 75.4 million and 73.5 million, respectively.
The Company's assets are held by, and its operations are conducted through, the Operating Partnership, of which the Company is the sole general partner. As of June 30, 2022, there were 347,619 Operating Partnership common units outstanding and the Company held a 99.6% common interest in the Operating Partnership.
Conference Call/Webcast
The Company will host its quarterly analyst and investor conference call on Wednesday, August 3, 2022 at 9:00 AM ET. To participate in the conference call, please dial (866) 363-3979 approximately ten minutes before the call begins.
Additionally, a webcast of the conference call will be available through the Company's website. To access the webcast, visit www.agreerealty.com ten minutes prior to the start time of the conference call and go to the Investors section of the website. A replay of the conference call webcast will be archived and available online through the Investors section of www.agreerealty.com.
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2022, the Company owned and operated a portfolio of 1,607 properties, located in all 48 continental states and containing approximately 33.8 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". For additional information on the Company and RETHINKING RETAIL, please visit www.agreerealty.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements about projected financial and operating results, within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "may," "will," "should," "potential," "intend," "expect," "seek," "anticipate," "estimate," "approximately," "believe," "could," "project," "predict," "forecast," "continue," "assume," "plan," "outlook" or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. Although these forward-looking statements are based on good faith beliefs, reasonable assumptions and the Company's best judgment reflecting current information, you should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could materially affect the Company's results of operations, financial condition, cash flows, performance or future achievements or events. Currently, one of the most significant factors, however, is the potential adverse effect of the current pandemic of the novel coronavirus, or COVID-19, on the financial condition, results of operations, cash flows and performance of the Company and its tenants, the real estate market and the global economy and financial markets. The extent to which COVID-19 impacts the Company and its tenants will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the actions taken to contain the pandemic or mitigate its impact and the direct and indirect economic effects of the pandemic and containment measures, among others. Moreover, investors are cautioned to interpret many of the risks identified in the risk factors discussed in the Company's Annual Report on Form 10-K and subsequent quarterly reports filed with the Securities and Exchange Commission (the "SEC"), as well as the risks set forth below, as being heightened as a result of the ongoing and numerous adverse impacts of COVID-19. Additional important factors, among others, that may cause the Company's actual results to vary include the general deterioration in national economic conditions, weakening of real estate markets, decreases in the availability of credit, increases in interest rates, adverse changes in the retail industry, the Company's continuing ability to qualify as a REIT and other factors discussed in the Company's reports filed with the SEC. The forward-looking statements included in this press release are made as of the date hereof. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events, changes in the Company's expectations or assumptions or otherwise.
For further information about the Company's business and financial results, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's SEC filings, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained at the Investor Relations section of the Company's website at www.agreerealty.com
The Company defines the "weighted-average capitalization rate" for acquisitions and dispositions as the sum of contractual fixed annual rents computed on a straight-line basis over the primary lease terms and anticipated annual net tenant recoveries, divided by the purchase and sale prices for occupied properties.
References to "Core FFO" and "AFFO" in this press release are representative of Core FFO attributable to OP common unitholders and AFFO attributable to OP common unitholders. Detailed calculations for these measures are shown in the Reconciliation of Net Income to FFO, Core FFO and Adjusted FFO table as "Core Funds From Operations – OP Common Unitholders" and "Adjusted Funds from Operations – OP Common Unitholders".
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/08/02/agree-realty-corporation-reports-second-quarter-2022-results/ | 2022-08-02T21:31:24Z |
BEIJING (AP) — One of the world’s few rare earths processors outside China has bought exploration rights to mine in Greenland, opening an avenue for diversifying supplies of the minerals critical for advanced and green technologies.
Rare earths are a group of minerals used in the manufacture of electric vehicles, wind turbines, electronics, robots and other machinery. China currently dominates global production, processing about 85% of the world’s rare earths, but skyrocketing demand is pushing companies to look for other sources.
Toronto-based Neo Performance Materials, the rare earths processor, said Monday it plans to develop the Sarfartoq deposit in southwest Greenland and will send the ore to its facility in Estonia in Eastern Europe. It’s one of only two plants outside China that processes rare earths to a high degree.
Neo aims to have the mine running in two to three years. It will be the company’s first major mining project. CEO Constantine Karayannopoulos said that by opening the mine, he hopes to shield the company from volatile rare earth prices, which have shot up in recent years due to supply disruptions and strong demand.
“We’re at the mercy of the market,” he said.
Karayannopoulos called it “business, not geopolitics.” But in recent years, rare earths have attracted the attention of policymakers in Washington, Beijing and other capitals given their importance to the global high-tech supply chain. The U.S., Europe and Japan call their dependence on China’s rare earths a “national security risk” and have sought to diversify their supply.
But such efforts have struggled, as mines in other countries have run into opposition or failed to get off the ground after fluctuating prices scared investors away.
Meanwhile, supplies of rare earths have shrunk, and some mines are raising ethical and environmental concerns. Mining rare earths is a dirty business when done cheaply, and China, the world’s largest miner, has shuttered many mines in recent years to curb environmental damage.
Some of that mining has been outsourced to Myanmar, where a lack of oversight is masking a dirty secret. An Associated Press investigation this month found the Myanmar mines are linked to environmental destruction, the theft of land from villagers and the funneling of money to brutal militias, including at least one linked to Myanmar’s secretive military government. The AP traced rare earths from Myanmar to the supply chains of 78 companies, including major auto makers and electronics giants.
The U.S. State Department said in a statement that it was “deeply concerned” about illicit mining in Myanmar, and called on other countries to ensure that their economic activity with Myanmar “does not enable or further exacerbate the regime’s violence against its own people.”
Karayannopoulos said that in Greenland, the company plans to dig up rock, crush it and do basic processing that does not involve the use of damaging chemicals. The ore will be then shipped to Estonia, where it will be further processed into a form that can be used to make magnets.
Plans for another rare earths mine in Greenland failed after voters put in power a left-leaning government that blocked development. The site had high concentrations of uranium, raising concerns over how radioactive waste would be disposed.
Karayannopoulos said the site his company plans to develop has much lower levels of uranium, meaning it can be mined under current Greenland and European Union regulations. He said EU officials encouraged the project because it could help the continent become more self-sufficient in rare earths.
Greenland, the world’s largest island, sits between the Atlantic and Arctic oceans. A 1.7 million-square kilometer (660,000-square mile) ice sheet covers 80% of the Arctic territory. Greenland’s 56,000 residents are mainly indigenous Inuits.
Some rare earth customers, meanwhile, are aware of the risks of mines in unregulated, conflict-ridden areas such as Myanmar, and are increasingly willing to pay more for rare earths from regulated and transparent jurisdictions, Karayannopoulos said.
“You’re making the problem worse by doing it in an irresponsible way, and with regimes that kill their own people,” he said. “It’s not sustainable.”
___
Associated Press writer Jan M. Olsen in Copenhagen, Denmark, contributed to this report. | https://cw33.com/business/ap-business/rare-earths-processor-buys-rights-to-mine-in-greenland/ | 2022-08-23T20:30:15Z |
Major outside spending boosts Trump-backed Budd in North Carolina Senate primary
By Michael Warren
Nearly a year after former President Donald Trump endorsed Rep. Ted Budd for North Carolina’s open Senate race, the conservative congressman appears in strong position heading into Tuesday’s Republican primary.
A Budd victory would deliver the former President another key win during the busy month of May primaries — and in a state Trump carried twice during his presidential bids. But despite Trump’s early support for the congressman over former Gov. Pat McCrory and former Rep. Mark Walker, which came as a surprise announcement at last year’s state GOP convention, Budd struggled to break out from the pack until the final months of the race.
Budd has had substantial help from the Club for Growth, which has backed him since his 2016 primary for the US House, when the group helped him emerge victorious from a 17-person primary. In this cycle’s Senate race, the Club’s super PAC has spent more than any other group on either side of the aisle, dropping just under $12 million in ads to attack McCrory and Walker.
All of that spending has made the North Carolina race to replace retiring GOP Sen. Richard Burr one of the most expensive of the cycle — and it has worked to the benefit of Budd.
“People make a lot of the Trump endorsement, but the Club for Growth money was more significant. A Trump endorsement opens the door to Trump base voters, but it doesn’t seal the deal,” said Doug Heye, a longtime Republican operative who is from North Carolina. “The Club’s spending built up Budd’s name ID and undercut McCrory, who has struggled to develop a working message the entire campaign.”
The North Carolina Senate race is one of the few races this cycle where Trump and the Club are aligned after a notable spat in Ohio and a more recent split in Pennsylvania. Trump’s candidate prevailed over the Club-backed candidate in Ohio’s GOP Senate primary earlier this month, while the Club-backed candidate is giving the Trump-backed candidate a run for his money in Pennsylvania’s GOP Senate primary on Tuesday.
After a slow fundraising start, Budd caught up with McCrory, who entered the North Carolina race with establishment support. Heading into the final weeks of the primary, Budd had narrowly eclipsed McCrory in total money raised, and his campaign has spent $2 million on ads compared to McCrory’s $1.69 million. A pro-McCrory super PAC, Carolina Senate Fund, has spent just over $1 million, far below the Club’s big investment.
The former governor, who lost reelection in 2016 at the same time Trump carried the state, has failed to capitalize on that aforementioned establishment support, and was unable to find an effective attack on Budd. In March, McCrory released a TV ad criticizing Budd for past votes against bringing voting against a bill to bring sanctions against Russia and accusing Budd of praising Russian President Vladimir Putin following the invasion of Ukraine.
“While Ukrainians bled and died,” McCrory said in a voiceover, “Congressman Budd excused their killer.” As noted in a CNN Fact Check, the ad misleadingly omits comments in which Budd sharply criticized Putin.
The Club’s super PAC responded with an ad blasting McCrory as a liberal and highlighting clips of Budd criticizing Putin.
The flap over Putin did little to change the trajectory of Budd’s slow and steady rise in private and public polls. Nor did the persistence of Walker, the former congressman seen as a rival with Budd for the most conservative votes in the primary. Walker resisted calls for him to drop out following Trump’s endorsement of his former colleague, but he has not proven to be a major drag on Budd’s consolidation of conservative support. Army veteran Marjorie Eastman has raised significantly less money but could still siphon off some votes from the leading men in the race.
The winning candidate only needs to surpass 30% of the vote to avoid a runoff election.
The winner of the Republican primary will likely face Democrat Cheri Beasley, the former chief justice of the state’s Supreme Court, in the general election. Beasley has been the frontrunner for the nomination since two of her most formidable rivals dropped out and endorsed her.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/05/16/major-outside-spending-boosts-trump-backed-budd-in-north-carolina-senate-primary/ | 2022-05-17T01:51:01Z |
Hankook Great Hit Rebate offers savings on popular Hankook products
NASHVILLE, Tenn., July 1, 2022 /PRNewswire/ -- Leading global tire maker Hankook Tire announces its latest consumer promotion, the Great Hit Rebate. With the baseball season heating up this summer, Hankook will offer consumers up to $100 in savings on popular passenger, SUV and light truck tires. All rebates should be submitted online at hankookrebates.com, beginning today.
According to the Hankook Tire Gauge Index, summer vacations are back, with 60% of Americans expecting to take a road trip this summer compared to just 43% in June 2020. With the return of the summer road trip, it's an ideal time to consider a new set of tires, and Hankook's Great Hit Rebate will help drivers save on a variety of premium all-season, ultra-high performance and off-road tires.
Consumers who purchase at least four tires from eligible lines between July 1st and August 7th will qualify for the Great Hit Rebate.
Qualifying tires offered through the 2022 Great Hit Rebate include:
For more information about the Hankook Great Hit Rebate, please visit the Hankook rebate website.
About Hankook Tire America Corp.
Hankook Tire America Corp. is a growing leader in the U.S. tire market, leveraging investments in technology, manufacturing and marketing to deliver high-quality, reliable products that are safer for consumers and the environment. Headquartered in Nashville, Tenn., Hankook Tire America Corp. markets and distributes a complete line of high-performance and ultra-high-performance passenger tires, light truck and SUV tires as well as medium truck and bus tires in the United States. Hankook Tire America Corp. is a subsidiary of Hankook Tire & Technology Co., Ltd., a Forbes Global 2000 company headquartered in Seoul, Korea.
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SOURCE Hankook Tire America Corp. | https://www.wibw.com/prnewswire/2022/07/01/hankook-tire-announces-summer-savings-up-100-with-great-hit-rebate/ | 2022-07-01T17:26:26Z |
July 4 parade funerals to conclude with tribute to slain dad
HIGHLAND PARK, Ill. (AP) — Funeral services for the seven people killed by a gunman at an Independence Day parade will conclude Monday as family and friends gather in suburban Chicago to remember Kevin McCarthy.
McCarthy’s funeral service is scheduled for Monday afternoon in Skokie, Illinois. In an obituary, he is described as a father, husband, brother, uncle and son who “brought the fun to every situation.”
The 37-year-old father and his wife, Irina, were both killed in the attack on the Highland Park parade. They left behind a 2-year-old son, Aiden, whose story prompted thousands of people to donate money for the orphaned boy.
“Kevin’s irrepressible zest for life and his family and friends will remain with us always,” his family wrote in the obituary. “We love you.”
Irina McCarthy was buried last week.
Services for the five other victims have been held in recent weeks. They have been identified as: 64-year-old Katherine Goldstein, 63-year-old Jacquelyn Sundheim, 88-year-old Stephen Straus and 78-year-old Nicolas Toledo-Zaragoza and 69-year-old Eduardo Uvaldo.
Prosecutors have charged 21-year-old Robert E. Crimo III with seven counts of murder and said they expect to present attempted murder charges representing the people wounded in the attack.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/18/july-4-parade-funerals-conclude-with-tribute-slain-dad/ | 2022-07-18T14:40:44Z |
MADISON, Wis., Aug. 10, 2022 /PRNewswire/ -- Fairway Independent Mortgage Corporation of Madison, WI announced today that three top mortgage industry executives are joining its ranks as part of an aggressive expansion of Fairway's production group. Privately-held Fairway is moving to grow its team of originators even as other mortgage companies are downsizing in the face of contracting mortgage markets.
Joining Fairway in recent weeks are mortgage veterans Scott Bristol, Brian Chick, and John Lowe.
Bristol joins Fairway as SVP, Sales and Recruiting, and was with PrimeLending for eight years, serving as President from 2014-17, overseeing a volume increase from $4 billion to 15 billion. As SVP of National Production for Flagstar Bank from 2018-21, Bristol helped return the lender to profitability as volume increased from $4 billion to 11 billion.
Chick will serve as SVP, Area Manager for Fairway. He spent the past 12 years at PrimeLending, most recently as Regional Manager. Chick's team funded $2.3 billion in loans in 2021.
Lowe joins Fairway as SVP, Division Manager, and arrives after an eight year stint at RoundPoint Mortgage Servicing Corporation where he most recently was Division Manager SVP, funding more than $1 billion last year with his division ranking #1 in financial performance in the company.
"We're pleased to welcome Scott, Brian and John to Fairway, as well as many others," said Fairway CEO Steve Jacobson. "We have increased the number of our originators by 30% over the past year."
"Fairway was my first phone call after leaving Prime," said Bristol, the former PrimeLending President. "Fairway's response speed, unbelievable culture and its entrepreneurial model made it the place I wanted to be."
A year ago, Fairway had 1,864 Loan Officers on its team. Since then, the mortgage bank has added LOs every month, and it now employs 2,427 LOs serving communities across the country.
About Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation (NMLS #2289) is a full-service mortgage lender based in Madison, Wisconsin and Carrollton, Texas, with more than 9,000 team members and 700 branches nationwide. Fairway funded $72.5 billion in 2021. For more information go to fairway.com.
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SOURCE Fairway Independent Mortgage Corporation | https://www.kxii.com/prnewswire/2022/08/10/fairway-independent-mortgage-nabs-former-primelending-president-other-top-industry-execs-part-aggressive-originator-expansion/ | 2022-08-10T17:55:22Z |
President congratulates Jayhawks on championship win, invites team to White House
TOPEKA, Kan. (WIBW) - The University of Kansas Jayhawks received warm congratulations and an invitation to the White House from President Joe Biden after Monday’s championship win.
While President Joe Biden says his bracket may have not survived the NCAA March Madness Tournament, he could still not be more proud of both champions - the University of Kansas Jayhawks men’s team and the University of South Carolina Gamecock’s women’s team.
Your schools, your nation, and your president are proud of you
The President noted he is excited to host visits for both teams at the White House.
My brackets may have been wrong, but I could not be more proud of the @GamecockWBB and @KUHoops for their NCAA championship wins. Your schools, your nation, and your president are proud of you. I’m looking forward to your visit to the White House.
— President Biden (@POTUS) April 5, 2022
The Jayhawks will return to Lawrence around 4:15 p.m. on Tuesday, April 5, after they land at Forbes Field in Topeka around 3 p.m.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/05/president-congratulates-jayhawks-championship-win-invites-team-white-house/ | 2022-04-05T18:13:24Z |
AUSTIN (KXAN) — Infowars host Alex Jones arrived at the Travis County courthouse Tuesday morning for the first day of his defamation trial.
Jones, who is being sued by several families of victims in the 2012 Sandy Hook Elementary shooting after he called the incident a hoax, sat quietly with his attorneys as the courtroom filled with people.
Jones’ attorney, Andino Reyal, told the court Monday his client may not be attending portions of the trial due to medical issues, after a conversation with Jones’ doctor. He told the court his client wanted to attend.
In a five-minute conversation with media members outside of the courthouse Tuesday morning, Jones spoke against the judge’s ruling that found the talk show host liable for damages in three defamation lawsuits. Jones called it a “kangaroo court.”
Courts in Texas and Connecticut have already found Jones and his company Free Speech Systems LLC liable for defamation and inflicting mental anguish before the cases went to trial. According to the lawsuits filed by the families, Jones called some parents who lost their children “crisis actors,” and those widely publicized comments and theories resulted in the parents receiving death threats.
A jury was chosen Monday in the case playing out in Texas. Those 12 jurors will be tasked with calculating the number of punitive damages Jones owes, but also calculating the amount of money he owes the family for emotional damages.
“We’re not allowed to tell the jury that InfoWars is bankrupt. We’re putting federal filings in showing that we have no money to prove that,” Jones said when asked about potential damages.
Mark Bankston told reporters his team was “looking forward” to telling their clients’ story. His clients, Neil Heslin and Scarlett Lewis, were present in the courtroom.
Reynal called these proceedings “an important First Amendment case.”
Attorneys for both sides will present opening arguments on Tuesday morning, before any witnesses are called.
KXAN’s Avery Travis will be providing live updates on the trial on Twitter. Her tweets can be seen below. Story continues below the tweets.
The first witness expected to take the stand is Dan Jewiss, a former Connecticut law enforcement official and one of the lead investigators in the Sandy Hook shooting.
Plaintiff’s attorneys said they also called Daria Karpova, a producer at Infowars, to testify on Tuesday. The attorneys also shared an exchange about whether a senior producer, Rob Dew, would appear.
One of the family’s attorneys, Mark Bankston, told the judge his team had subpoenaed Dew to show up for the trial, but that summons was not accepted. Tuesday morning before the proceedings began, Bankston told Jones’ attorney they expected Dew in court for the duration of the trial. | https://cw33.com/news/texas/alex-jones-arrives-in-court-for-his-defamation-trial-in-travis-county/ | 2022-07-26T19:14:18Z |
"Countdown to Pride" Campaign to support GLAAD, The Trevor Project, and Project Contrast to Conclude with First-Ever Nationwide "Pride Eve" Celebration
LOS ANGELES, May 18, 2022 /PRNewswire/ -- Inviz.tv, an Invisible Narratives company, is partnering with over 100 creators, influencers, and artists to launch a nationwide campaign and celebration to support the LGBTQ+ community.
Nearly 40 states are considering legislation targeting the LGBTQ+ community, with hundreds of anti-LGBTQ+ bills filed already in 2022. This year's "Countdown to Pride" campaign is a digital telethon powered by Invisible Narratives' creative partners and social media influencers, encouraging millions of followers to support organizations fighting for the LGBTQ+ community.
Over 20 different Pride flags representing a broad array of LGTBQ+ identity groups are available for purchase at Inviz.tv. All donations and proceeds will benefit Gay & Lesbian Alliance Against Defamation ("GLAAD"), The Trevor Project, and Project Contrast.
There is not only an urgent need to support these and other organizations, but also to show our full support for the LGBTQ+ community, and to celebrate love. Pride has spread nationwide, with events spanning the month of June and beyond. That is why May 31st this year, and each year going forward, will be "Pride Eve" – an opportunity to celebrate Pride together as a nation, counting down to 12:00 AM on June 1st to signal the official start of Pride Month.
Because not all LGBTQ+ community members and allies can be in the same place at the same time to countdown to Pride Month, Invisible Narratives is bringing everyone together by launching a first-of-its-kind celebration across social media platforms – a decentralized broadcast that will be streamed across TikTok, Instagram, and Youtube. Additionally, Inviz.tv is working with creators, influencers, and artists including Raven Symone, Big Freedia, Nyle DiMarco, Adelaine Morin, Josh Zilberberg, Loey Lane, Brooklynne Webb, Nikita Dragun, and others - to help spread the word about Pride Eve. The company is partnering with Jake Webb, President and Founder of Slash Management and Studios, and Range Media Partners to produce the broadcast program.
Invisible Narratives will also be hosting an in-person VIP event to celebrate Pride Eve, with the creators, influencers, and artists who are championing the cause. DJ Alex Chapman will perform live at this first-ever celebration on May 31st at Poppy Nightclub in West Hollywood where the stars will countdown to Pride Month together.
Invisible Narratives launched in 2018 as an opportunity to eliminate the gatekeeping, red tape, and slow pace of traditional media giants. At a time when the digital landscape was becoming more decentralized, Invisible Narratives began building a direct-to-fan platform designed to empower creators.
"At Invisible Narratives, many of our friends, family, and talent we work with are members of the LGBTQ+ community. When one of our concerned creative directors expressed the urgent need for a unifying Pride celebration, it became clear we needed to rally collectively to cement this moment in history. We have a platform and thus the responsibility to take action against hate by spreading love," said Catherine McEvoy, Co-President of Invisible Narratives. "Pride Eve is an opportunity to illustrate that it is possible to mobilize quickly and drive authentic advocacy by empowering influencers to speak out and motivate their audiences. There is no better time and no better purpose."
Now more than ever, this community needs our support. An event and campaign of this caliber typically requires a year to plan and execute. Given the urgency of the moment, Invisible Narratives is organizing and launching Pride Eve and the campaign to raise funds for GLAAD, The Trevor Project, and Project Contrast in under 60 days.
"This has been a very tough year for the LGBTQ+ community and we are excited to partner with Invisible Narratives during this critical time on the first-ever Pride Eve celebration," said Anthony Allen Ramos, GLAAD Vice President of Communications and Talent. "At a time when Pride flags are even being politicized and banned in educational and corporate spaces, now is the time to reclaim them for what they are: a symbol of love, acceptance, and resilience. We hope this celebration will unite the LGBTQ+ community and allies, while also helping to spread love and acceptance across the nation."
To learn more about Pride Eve and to #RaiseYourFlag visit Inviz.tv.
Media Contact
Caroline Beckmann
cbeckmann@tridentdmg.com
202-440-1783
About Invisible Narratives
Founded by former DreamWorks and Paramount Pictures Executive, Adam Goodman, Invisible Narratives is a next-generation shopping and entertainment company. Sitting at the intersection of the creator economy, the crypto economy, and the entertainment business, Invisible Narratives is designed for today's audience, one that does not want to pay for content but to invest in people, culture, and drops.
About GLAAD
GLAAD rewrites the script for LGBTQ acceptance. As a dynamic media force, GLAAD tackles tough issues to shape the narrative and provoke dialogue that leads to cultural change. GLAAD protects all that has been accomplished and creates a world where everyone can live the life they love. For more information, please visit www.glaad.org or connect with GLAAD on Facebook and Twitter.
About Range Media Partners
Range Media Partners was founded in September 2020 with the mission of partnering with the world's most creatively ambitious minds to build cultural capital. Range's Managing Partners have formed a strategically curated group of leaders across talent representation, production, activism, brand storytelling, venture strategy, and Web 3. With clientele spanning film, television, music, literary, tech, and activism, Range's thoughtful approach to representation is at the forefront of a vibrant new cultural era that is dynamic, diverse, and engaged. Range guides exceptional talent into unlocking their full global value in all businesses and amplifies truly remarkable voices across every part of the entertainment ecosystem.
About Slash Management and Studios
Slash Management & Studios, Inc. is a talent management firm representing multi-talented artists reaching a broad digital fan base. The firm offers full-service talent management with a focus in music TV/Film Development, endorsements, and licensing/brand-building. The company was founded in 2019 by Jake Webb, Heinz Holba, and Karine Roman. Slash Studios clients include Nikita Dragun, Pressley Hosbach, Tati Mitch, Dinah Jane, Loey Lane, Snitchery, Princess Mae, and more.
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SOURCE Invisible Narratives | https://www.wibw.com/prnewswire/2022/05/18/inviztv-partners-with-over-100-influencers-reach-millions-driving-immediate-support-lgbtq-community-amid-nationwide-legislative-attacks/ | 2022-05-18T17:11:15Z |
PESHAWAR, Pakistan (AP) — Eight people have been killed in a roadside bombing that targeted an anti-Taliban village elder’s vehicle in northwestern Pakistan, police said.
Saeed Khan, a senior police official in Swat, said the slain head of a village peace committee, Idrees Khan, was traveling in the area when the roadside bomb hit his vehicle. He said that initial reports suggested the bombing killed five but later they concluded eight people had died, including two policemen.
In a statement, Mohammad Khurasani, the spokesman for the Pakistani Taliban militant group — known as Tehreek-e-Taliban Pakistan — claimed responsibility. He said that the slain head of the peace committee had been supporting security forces for the past several years.
The Pakistani Taliban have been holding peace talks since May in Kabul, Afghanistan. But isolated militant attacks and security raids on militant hideouts have continued, raising fears these talks could break in the coming months, if not weeks.
A formal cease-fire between Pakistan and the TTP is still in place.
The talks in Kabul are hosted by the Afghan Taliban, a separate group allied with the Pakistani Taliban. The Taliban seized power in Afghanistan a year ago. That takeover has emboldened the Pakistani Taliban, whose fighters and leaders, officials say, have been hiding in Afghanistan.
Islamabad has demanded that the new Taliban rulers in Afghanistan prevent militant groups, including TTP, from using Afghan territory for attacks inside Pakistan. Before the Taliban takeover next door, Islamabad and Kabul had often traded blame and accused each other of sheltering militants. | https://cw33.com/news/international/ap-international/ap-death-toll-from-overnight-bombing-in-pakistan-rises-to-8/ | 2022-09-14T23:30:59Z |
SEATTLE, Sept. 12, 2022 /PRNewswire/ --
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
SAN FRANCISCO DIVISION
SUMMARY NOTICE OF (I) PROPOSED SETTLEMENT AND PLAN OF ALLOCATION; (II) SETTLEMENT HEARING; AND (III) MOTION FOR AN AWARD OF ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES
This notice is for all persons who, during the period between February 10, 2017 and May 9, 2017, inclusive, purchased or otherwise acquired the common stock of Yelp Inc., and were damaged thereby (the "Class"):
PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Northern District of California, that the Lead Plaintiff in the above-captioned litigation (the "Action") has reached a proposed settlement of the Action for $22,250,000 in cash (the "Settlement"), that, if approved, will resolve all claims in the Action.
A hearing will be held on January 19, 2023 at 1:30 p.m., before the Honorable Edward M. Chen at the United States District Court for the Northern District of California, United States Courthouse, Courtroom 5, 17th Floor, 450 Golden Gate Avenue, San Francisco, CA 94102, to determine (i) whether the proposed Settlement should be approved as fair, reasonable, and adequate; (ii) whether the Action should be dismissed with prejudice against Defendants, and the Releases specified and described in the Stipulation and Agreement of Settlement dated April 14, 2022 (and in the Notice of (I) Proposed Settlement and Plan of Allocation; (II) Settlement Hearing; and (III) Motion for an Award of Attorneys' Fees and Reimbursement of Litigation Expenses (the "Notice")) should be granted; (iii) whether the proposed Plan of Allocation should be approved as fair and reasonable; and (iv) whether Lead Counsel's application for an award of attorneys' fees and reimbursement of expenses should be approved.
If you are a member of the Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Settlement Fund. If you have not yet received the Notice and Claim Form, you may obtain copies of these documents by contacting the Claims Administrator at Azar v. Yelp, Inc., c/o JND Legal Administration, P.O. Box 91030, Seattle, WA 98111, 1-888-964-0696. Copies of the Notice and Claim Form can also be downloaded from the website maintained by the Claims Administrator, www.YelpSecuritiesLitigation.com.
If you are a member of the Class, in order to be eligible to receive a payment under the proposed Settlement, you must submit a Claim Form online or postmarked no later than December 27, 2022. If you are a Class Member and do not submit a proper Claim Form, you will not be eligible to share in the distribution of the net proceeds of the Settlement but you will nevertheless be bound by any judgments or orders entered by the Court in the Action.
In June 2020, the Court ordered Lead Counsel to facilitate the mailing of (i) the Notice of Pendency of Class Action, and (ii) Request for Exclusion From the Class form (collectively, "Certified Class Notice") to potential Class Members. The Certified Class Notice provided members of the Class with an opportunity to request exclusion from the Class. If you previously submitted a request for exclusion and you wish to remain excluded, no further action is required and you will be excluded from the Class. Persons who previously submitted a request for exclusion may, however, opt back into the Class for the purpose of being eligible to receive a payment from the Settlement. In order to opt back into the Class, you must submit a request to do so in writing such that it is received no later than January 9, 2023, in accordance with the instructions set forth in the Notice. Any Person who previously submitted a request for exclusion and timely opts back into the Class shall be afforded all the rights and obligations of a Class Member. If you previously submitted a request for exclusion from the Class and do not opt back into the Class in accordance with the instructions set forth in the Notice, you will not be bound by any judgments or orders entered by the Court in the Action and you will not be eligible to share in the Settlement. Members of the Class do not have a second opportunity to request exclusion from the Class.
Any objections to the proposed Settlement, the proposed Plan of Allocation, or Lead Counsel's motion for attorneys' fees and reimbursement of expenses, must be filed with the Court and delivered to Lead Counsel and Defendants' Counsel such that they are received no later than December 29, 2022, in accordance with the instructions set forth in the Notice.
Please do not contact the Court, the Clerk's office, Yelp, or its counsel regarding this notice. All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator. Visit www.YelpSecuritiesLitigation.com or call toll-free at (888) 964-0696.
Requests for the Notice and Claim Form should be made to:
Yelp, Inc. Securities Litigation
c/o JND Legal Administration
P.O. Box 91030
Seattle, WA 98111
1-888-964-0696
www.YelpSecuritiesLitigation.com
Inquiries, other than requests for the Notice and Claim Form, should be made to
Lead Counsel:
GLANCY PRONGAY & MURRAY LLP
Kara M. Wolke, Esq.
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
(888) 773-9224
settlements@glancylaw.com
-AND-
HOLZER & HOLZER LLC
Corey D. Holzer, Esq.
211 Perimeter Center Parkway
Suite 1010
Atlanta, GA 30346
(770) 392-0090
cholzer@holzerlaw.com
By Order of the Court
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SOURCE JND Legal Administration | https://www.wibw.com/prnewswire/2022/09/12/notice-proposed-settlement-involving-all-persons-who-purchased-or-otherwise-acquired-yelp-inc-common-stock-you-may-be-entitled-cash-award/ | 2022-09-12T14:17:12Z |
The Indianapolis software company is thriving thanks to its commitment to a people-first culture
INDIANAPOLIS, May 19, 2022 /PRNewswire/ -- OneCause, an Indianapolis-based event and online fundraising software company, was honored with two "best places to work" awards in the Indianapolis Star Top Workplaces and Indiana Chamber Best Places to Work in Indiana programs. The programs highlight Indiana workplaces with exceptional company cultures and high levels of team engagement.
This is the fourth year in a row OneCause has been recognized by the Indiana Chamber as an outstanding Best Place to Work and the first time being named a Top Workplace by the Indianapolis Star.
Comprehensive employee surveys and a company culture review of policies, practices, philosophy, systems and demographics are the main drivers in determining which companies are honored in the Indiana Chamber's Best Places to Work program. The Indianapolis Star Top Workplaces program solely uses employee feedback to determine its list of honorees, highlighting how important it is to maintain a supportive company culture centered on employee well-being.
"Building an exceptional company culture means creating an environment where people feel supported, where their contributions are meaningful, and their talents valued," said Steve Johns, OneCause CEO. "Companies are a reflection of their people — we need to embrace the wide range of experiences and viewpoints they bring and create a safe environment that fosters learning and innovation. We spend a lot of time listening to and acting on what our team needs, wants, and expects so we can maintain a people-first culture where they can flourish. It's an honor to be recognized by multiple programs for this ongoing effort."
In addition to the third-party surveys utilized to determine top workplace winners, OneCause regularly conducts internal employee engagement surveys. The leadership team reviews results to create programs or take positive action based on the feedback. During the pandemic, they assembled a Future of Work taskforce to address the rapidly changing needs of an increasingly distributed workforce.
"It's refreshing to work for a company where my voice matters," said Stefanie Zachary, senior consultant for enablement, learning and development at OneCause. "There isn't one small group deciding what our company culture looks like — we're all a part of deciding that. Seeing one of my ideas or a coworker's feedback being turned into a benefit, committee or community activity feels really good. That doesn't happen everywhere."
Some recently implemented initiatives based on employee ideas and feedback include:
- Work-from-anywhere opportunities to provide improved work-life balance
- Ongoing professional development and management training to boost skillsets and provide a clearer path for progression
- An expanded set of company benefits, including a sabbatical for employees with 10 years of service, paid volunteer time off and paid parental leave
Employee feedback and suggestions will continue to be sought and analyzed as staff and workplace needs evolve. OneCause has grown its full-time team 79% since 2020 and plans on increasing hiring over the next year. To learn more about career opportunities at OneCause, please visit the Careers page.
About OneCause
OneCause is driving the future of fundraising with easy-to-use event and online fundraising solutions that help nonprofits improve the giving experience and raise more money. OneCause builds technology that optimizes everyday generosity, making it easier for nonprofit organizations to fundraise and for nonprofit supporters to give. Since 2008, OneCause has helped over 10,000 nonprofits raise more than $4 billion for their missions. Headquartered in Indianapolis, OneCause is committed to driving innovation in the charitable sector, bringing together nonprofit professionals across the world for the annual Raise Conference to exchange ideas that further fundraising. For more information, visit www.onecause.com or follow us on LinkedIn, Twitter, Instagram, and Facebook.
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SOURCE OneCause | https://www.kxii.com/prnewswire/2022/05/19/onecause-wins-multiple-best-place-work-awards/ | 2022-05-19T17:14:01Z |
BOSTON, Aug. 1, 2022 /PRNewswire/ -- ArcLight Capital Partners, LLC ("ArcLight") announced today their affiliate, Sequitur Renewables, LLC ("Sequitur"), has entered into an agreement with affiliates of GlidePath Power Solutions LLC ("GlidePath") to acquire five operating wind farms in Pennsylvania and West Virginia (the "Portfolio"). The Portfolio, totaling 185MW of operating capacity, sells power and renewable energy credits into the merchant PJM market. Sequitur is also acquiring 80MWh of battery energy storage ("BESS") development opportunities adjunct to the Portfolio from GlidePath. Closing is subject to customary conditions.
"ArcLight is excited to re-enter the wind market through the establishment of the Sequitur platform. This platform follows prior domestic wind-focused investments in Leeward Renewables, Terra-Gen Power and CPV Wind," said Carter Ward, Partner at ArcLight.
Affiliates of ArcLight recently announced development milestones associated with the 335MWh Long Beach Pier S BESS project in Long Beach, California and the 540MWh Luyster Creek BESS project in New York, New York.
"The Sequitur acquisition and BESS development opportunities leverage ArcLight's core expertise in power generation, renewables and energy transition," said Dan Revers, Managing Partner at ArcLight.
"Arclight's long history of wind operations will bring great value to these wind farms," said Chris McKissack, Chief Executive Officer of GlidePath, who continued, "and will allow GlidePath's team and investors to focus on our core business of deploying and operating energy storage projects."
ArcLight is a leading private equity firm focused on energy, infrastructure and energy transitions with a successful long-term track record. Founded in 2001, the firm helped pioneer an asset-based approach to investing across the power, renewables, infrastructure and broader energy value chain. Since then, ArcLight has invested approximately $27 billion in 119 transactions, including over $11 billion of equity capital into the electrification segment, which includes power, transmission, renewable infrastructure and energy transition investments. Through its large infrastructure portfolio, ArcLight is focused on providing decarbonizing energy solutions with a strong ESG focus. Based in Boston, the firm's investment team employs a value-added investment approach that benefits from its dedicated in-house technical, operational, and commercial specialists and partners, as well as the firm's approximately 1,800-person asset management affiliate. More information about ArcLight can be found at www.arclight.com.
Milbank served as legal counsel on the transaction to ArcLight. McGuire Woods served as legal counsel on the transaction to GlidePath.
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SOURCE ArcLight Capital Partners | https://www.kxii.com/prnewswire/2022/08/01/arclight-acquire-operating-pjm-windfarms/ | 2022-08-01T12:57:00Z |
Agree Realty Corporation Reports First Quarter 2022 Results
Published: May. 3, 2022 at 3:05 PM CDT|Updated: 58 minutes ago
Increases 2022 Acquisition Guidance to $1.4 Billion to $1.6 Billion
BLOOMFIELD HILLS, Mich., May 3, 2022 /PRNewswire/ -- Agree Realty Corporation (NYSE: ADC) (the "Company") today announced results for the quarter ended March 31, 2022. All per share amounts included herein are on a diluted per common share basis unless otherwise stated.
First Quarter 2022 Financial and Operating Highlights:
Invested approximately $430 million in 124 retail net lease properties
Commenced a record 15 development or Partner Capital Solutions ("PCS") projects representing total committed capital of approximately $44 million
Net Income per share attributable to common stockholders increased 0.4% to $0.48
Core Funds from Operations ("Core FFO") per share increased 15.5% to $0.97
Adjusted Funds from Operations ("AFFO") per share increased 16.4% to $0.97
Declared an April monthly dividend of $0.234 per share, a 7.8% year-over-year increase
Settled 3,791,964 shares of outstanding forward equity for net proceeds of approximately $251 million
Balance sheet positioned for growth at 4.3 times proforma net debt to recurring EBITDA; 5.0 times excluding unsettled forward equity
Financial Results
Net Income Attributable to Common Stockholders
Net Income for the three months ended March 31, 2022 increased 13.8% to $34.3 million, compared to $30.1 million for the comparable period in 2021. Net Income per share for the three months ended March 31, 2022 increased 0.4% to $0.48, compared to $0.48 per share for the comparable period in 2021.
Core FFO
Core FFO for the three months ended March 31, 2022 increased 30.8% to $69.7 million, compared to Core FFO of $53.3 million for the comparable period in 2021. Core FFO per share for the three months ended March 31, 2022 increased 15.5% to $0.97, compared to Core FFO per share of $0.84 for the comparable period in 2021.
AFFO
AFFO for the three months ended March 31, 2022 increased 31.8% to $69.2 million, compared to AFFO of $52.5 million for the comparable period in 2021. AFFO per share for the three months ended March 31, 2022 increased 16.4% to $0.97, compared to AFFO per share of $0.83 for the comparable period in 2021.
Dividend
In the first quarter, the Company declared monthly cash dividends of $0.227 per common share for each of the months, January, February and March 2022. The monthly dividends reflected an annualized dividend amount of $2.724 per common share, representing a 9.7% increase over the annualized dividend amount of $2.484 per common share from the first quarter of 2021. The dividends represent payout ratios of approximately 70% of Core FFO per share and 71% of AFFO per share, respectively.
Subsequent to quarter end, the Company declared a monthly cash dividend of $0.234 per common share for April 2022. The monthly dividend reflects an annualized dividend amount of $2.808 per common share, representing a 7.8% increase over the annualized dividend amount of $2.604 per common share from the second quarter of 2021. The April dividend is payable May 13, 2022 to stockholders of record at the close of business on April 29, 2022.
Additionally, subsequent to quarter end, the Company declared a monthly cash dividend for April on its 4.25% Series A Cumulative Redeemable Preferred Stock of $0.08854 per depositary share, which is equivalent to $1.0625 per annum. The April dividend was paid on May 2, 2022 to stockholders of record at the close of business on April 22, 2022.
CEO Comments
"We are extremely pleased with our strong start to 2022 as evidenced by the increase in our annual acquisition guidance to $1.4 billion to $1.6 billion," said Joey Agree, President and Chief Executive Officer. "While our acquisition platform continues to source a myriad of opportunities, we commenced a record number of projects through our development and partner capital solutions platforms during the quarter. All three platforms remain focused on leading omni-channel retailers as we maintain a fortress-like balance sheet with liquidity of nearly $1.0 billion."
Portfolio Update
As of March 31, 2022, the Company's portfolio consisted of 1,510 properties located in 47 states and contained approximately 31.0 million square feet of gross leasable area.
At quarter-end, the portfolio was 99.6% leased, had a weighted-average remaining lease term of approximately 9.1 years, and generated 67.8% of annualized base rents from investment grade retail tenants.
Ground Lease Portfolio
During the quarter, the Company acquired five ground leases for an aggregate purchase price of approximately $13.2 million, representing 3.1% of annualized base rents acquired.
As of March 31, 2022, the Company's ground lease portfolio consisted of 186 leases located in 32 states and totaled approximately 4.9 million square feet of gross leasable area. Properties ground leased to tenants represented approximately 13.5% of annualized base rents.
At quarter end, the ground lease portfolio was fully occupied, had a weighted-average remaining lease term of approximately 11.8 years, and generated 87.4% of annualized base rents from investment grade retail tenants.
Acquisitions
Total acquisition volume for the first quarter was approximately $407.2 million and included 106 properties net leased to leading retailers operating in sectors including farm and rural supply, dollar stores, home improvement, general merchandise, tire and auto service, and auto parts. The acquired properties are located in 32 states and leased to tenants operating in 20 sectors.
Notable acquisition activity during the quarter included a 55-property diversified net lease portfolio comprised of leading omni-channel retailers for a purchase price of approximately $180 million. The portfolio generated approximately 90% of annualized base rents from investment grade retailers and had a weighted-average lease term of nearly 10 years.
Acquisitions for the quarter were completed at a weighted-average capitalization rate of 6.0% and had a weighted-average remaining lease term of approximately 9.2 years. Approximately 74.2% of annualized base rents acquired were generated from investment grade retail tenants. Exclusive of the 55-property portfolio acquisition, the properties were acquired at a weighted-average capitalization rate of 6.2%.
The Company's outlook for acquisition volume for the full-year 2022 is being increased to a range of $1.4 billion to $1.6 billion of high-quality retail net lease properties, from a previous range of $1.1 billion to $1.3 billion.
Dispositions
During the three months ended March 31, 2022, the Company sold one property for gross proceeds of approximately $8.2 million. The disposition was completed at a capitalization rate of 4.2%.
The Company's disposition guidance for 2022 remains between $25 million and $75 million.
Development and PCS
During the first quarter, the Company commenced a record 15 development and PCS projects, with total anticipated costs of approximately $44.0 million. The projects consist of the Company's sixth Sunbelt Rentals in St. Louis, Missouri; the Company's fourth Burlington in Turnersville, New Jersey; and 13 geographically diverse Gerber Collision projects.
The Company completed its first development with 7-Eleven in Saginaw, Michigan, while construction continued on two Gerber Collision projects in Pooler, Georgia and New Port Richey, Florida.
For the three months ended March 31, 2022, the Company had 18 development or PCS projects completed or under construction. Anticipated total costs are approximately $53.0 million, including $29.4 million of costs incurred as of quarter end. The following table presents the Company's 18 development or PCS projects as of March 31, 2022:
Leasing Activity and Expirations
During the first quarter, the Company executed new leases, extensions or options on approximately 358,000 square feet of gross leasable area throughout the existing portfolio.
As of March 31, 2022, the Company's 2022 lease maturities represented 0.4% of annualized base rents. The following table presents contractual lease expirations within the Company's portfolio as of March 31, 2022, assuming no tenants exercise renewal options:
Top Tenants
The following table presents annualized base rents for all tenants that represent 1.5% or greater of the Company's total annualized base rent as of March 31, 2022:
Retail Sectors
The following table presents annualized base rents for all of the Company's retail sectors as of March 31, 2022:
Geographic Diversification
The following table presents annualized base rents for all states that represent 2.5% or greater of the Company's total annualized base rent as of March 31, 2022:
Capital Markets and Balance Sheet
Capital Markets
During the first quarter, the Company settled 3,791,964 shares under existing forward sale agreements and received net proceeds of approximately $250.8 million. At quarter end, the Company had 4,083,332 shares remaining to be settled under its December 2021 forward equity offering, which is anticipated to raise net proceeds of approximately $262.9 million after deducting fees and expenses and making certain other adjustments as provided in the equity distribution agreements.
The following table presents the Company's outstanding forward equity offerings as of March 31, 2022:
Balance Sheet
As of March 31, 2022, the Company's net debt to recurring EBITDA was 5.0 times. The Company's proforma net debt to recurring EBITDA was 4.3 times when deducting the $262.9 million of anticipated net proceeds from the outstanding forward equity offerings from the Company's net debt of $1.8 billion as of March 31, 2022. The Company's fixed charge coverage ratio was 5.2 times as of the end of the first quarter.
The Company's total debt to enterprise value was 26.5% as of March 31, 2022. Enterprise value is calculated as the sum of net debt, the liquidation value of the Company's preferred stock, and the market value of the Company's outstanding shares of common stock, assuming conversion of Agree Limited Partnership (the "Operating Partnership" or "OP") common units into common stock of the Company.
For the three months ended March 31, 2022, the Company's fully diluted weighted-average shares outstanding were 71.3 million. The basic weighted-average shares outstanding for the three months ended March 31, 2022 were 71.2 million.
For the three months ended March 31, 2022, the Company's fully diluted weighted-average shares and units outstanding were 71.7 million. The basic weighted-average shares and units outstanding for the three months ended March 31, 2022 were 71.6 million.
The Company's assets are held by, and its operations are conducted through, the Operating Partnership, of which the Company is the sole general partner. As of March 31, 2022, there were 347,619 Operating Partnership common units outstanding and the Company held a 99.5% common interest in the Operating Partnership.
Conference Call/Webcast
The Company will host its quarterly analyst and investor conference call on Wednesday, May 4, 2022 at 8:30 AM ET. To participate in the conference call, please dial (866) 363-3979 approximately ten minutes before the call begins.
Additionally, a webcast of the conference call will be available through the Company's website. To access the webcast, visit www.agreerealty.com ten minutes prior to the start time of the conference call and go to the Investors section of the website. A replay of the conference call webcast will be archived and available online through the Investors section of www.agreerealty.com.
About Agree Realty Corporation
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of March 31, 2022, the Company owned and operated a portfolio of 1,510 properties, located in 47 states and containing approximately 31.0 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC". For additional information on the Company and RETHINKING RETAIL, please visit www.agreerealty.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements about projected financial and operating results, within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "may," "will," "should," "potential," "intend," "expect," "seek," "anticipate," "estimate," "approximately," "believe," "could," "project," "predict," "forecast," "continue," "assume," "plan," "outlook" or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. Although these forward-looking statements are based on good faith beliefs, reasonable assumptions and the Company's best judgment reflecting current information, you should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could materially affect the Company's results of operations, financial condition, cash flows, performance or future achievements or events. Currently, one of the most significant factors, however, is the potential adverse effect of the current pandemic of the novel coronavirus, or COVID-19, on the financial condition, results of operations, cash flows and performance of the Company and its tenants, the real estate market and the global economy and financial markets. The extent to which COVID-19 impacts the Company and its tenants will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the scope, severity and duration of the pandemic, the actions taken to contain the pandemic or mitigate its impact and the direct and indirect economic effects of the pandemic and containment measures, among others. Moreover, investors are cautioned to interpret many of the risks identified in the risk factors discussed in the Company's Annual Report on Form 10-K and subsequent quarterly reports filed with the Securities and Exchange Commission (the "SEC"), as well as the risks set forth below, as being heightened as a result of the ongoing and numerous adverse impacts of COVID-19. Additional important factors, among others, that may cause the Company's actual results to vary include the general deterioration in national economic conditions, weakening of real estate markets, decreases in the availability of credit, increases in interest rates, adverse changes in the retail industry, the Company's continuing ability to qualify as a REIT and other factors discussed in the Company's reports filed with the SEC. The forward-looking statements included in this press release are made as of the date hereof. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events, changes in the Company's expectations or assumptions or otherwise.
For further information about the Company's business and financial results, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's SEC filings, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained at the Investor Relations section of the Company's website at www.agreerealty.com.
The Company defines the "weighted-average capitalization rate" for acquisitions and dispositions as the sum of contractual fixed annual rents computed on a straight-line basis over the primary lease terms and anticipated annual net tenant recoveries, divided by the purchase and sale prices.
References to "Core FFO" and "AFFO" in this press release are representative of Core FFO attributable to OP common unitholders and AFFO attributable to OP common unitholders. Detailed calculations for these measures are shown in the Reconciliation of Net Income to FFO, Core FFO and Adjusted FFO table as "Core Funds From Operations – OP Common Unitholders" and "Adjusted Funds from Operations – OP Common Unitholders".
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/05/03/agree-realty-corporation-reports-first-quarter-2022-results/ | 2022-05-03T21:03:34Z |
Seattle Plastic Surgeon And Staff Help Local Food Pantry By Helping Pack Over 10,000lbs Of Rice
SEATTLE, June 15, 2022 /PRNewswire/ -- Dr. Javad Sajan and the team at Allure Esthetic Plastic Surgery spent their Saturday morning helping package 10,500 pounds of food for local families in need. The event was organized in partnership with Dr. Sajan's nonprofit organization, the Zera Foundation. Allure Esthetic is dedicated to serving the Seattle community through cosmetic and gender affirming surgery as well as volunteer activities.
The 10,500 pounds of rice and food packaged will serve 134,000 meals to impoverished people in all 17 counties of Western Washington. In the video filmed at the event, the Allure Esthetic staff packages bags of dry rice and prepares them in large boxes to be transported all around the state.
Even during the volunteer event, Dr. Sajan took the time to answer patient calls. The dedication Dr. Sajan and Allure Esthetic show to their patients and community goes above and beyond. This dedication is no coincidence. While bagging rice, Dr. Sajan said, "When my family first came to America, we were so poor. We didn't have money for food and had to rely on help in the beginning. To be able to do this is so touching, I can't even describe it."
Allure Esthetic is one of Seattle's leading plastic surgery practices. Dr. Sajan frequently performs gender affirming surgeries, revisions, and reconstructive surgeries that change lives for the better. He and his team are thrilled to be able to serve his patients and community in a new way that will impact their overall health and wellbeing.
About Dr. Javad Sajan: Dr. Javad Sajan is a plastic surgeon and medical director of Allure Esthetic Plastic Surgery. With years of surgical and non-surgical experience in the aesthetic field, patients travel from across the world for his expertise. Specializing in plastic surgery procedures such as breast surgeries, tummy tuck, and rhinoplasty as well as gender affirming top surgery and facial feminization, Dr. Sajan aims to make a difference in the lives of every patient.
Contact: realdrseattle
206-787-0784
hello@realdrseattle.com
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SOURCE Allure Esthetic | https://www.wibw.com/prnewswire/2022/06/15/dr-javad-sajan-reviews-donates-local-seattle-food-pantry-with-his-plastic-surgery-staff/ | 2022-06-15T15:16:55Z |
14 scheduled presentations will explore several types of cancers as well as the impact of social media on oncology professionals' wellbeing and burnout
NEW BRUNSWICK, N.J., May 26, 2022 /PRNewswire/ -- Physician-scientists from Rutgers Cancer Institute of New Jersey and RWJBarnabas Health will present intriguing data from their innovative cancer clinical research program at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting, to be held both in person in Chicago and online from June 3-7. A total of 14 presentations, including 13 abstracts and one education session, have been accepted, highlighting research advances in several types of cancer, including leukemia, lymphoma, lung cancer and colorectal cancer.
"Our passionate team of dedicated, globally recognized physicians and translational researchers is at the vanguard of transforming cancer management, working to develop new treatments, enhance patient care and professional support, and most importantly improve patient outcomes for the multitude of cancers we diagnose and treat," said Andrew M. Evens, DO, MSc, FACP, Associate Director, Clinical Services, Rutgers Cancer Institute; and System Director, Medical Oncology and Oncology Lead, Combined Medical Group, RWJBarnabas Health. "The high-powered lineup of valuable data to be unveiled at this year's ASCO Annual Meeting reflects the command of medicine, technical expertise and leading-edge thinking that are the hallmarks of our cancer research program. The presentations will include significant findings on a number of key cancer treatment strategies, including the use of combination therapies for difficult-to-treat cancers, as well as the impact of social media on the emotional health of oncology professionals," added Dr. Evens, who is also Associate Vice Chancellor, Clinical Innovation and Data Analytics, Rutgers Biomedical and Health Sciences.
Highlights of the accepted abstracts include the following:
- Results of an electronic survey of SWOG Cancer Research Network and Children's Oncology Group members designed to assess the impact of social media on the emotional health and burnout of pediatric and adult oncology professionals. While social media engagement is common in oncology for patients and support groups to advance education and support, the impact on oncology professionals is unknown. The purpose of this survey, developed and piloted by adult and pediatric oncologists, was to evaluate professional social media use and its potential associations with wellness and burnout.
- In an updated analysis of ECHELON-1, researchers studied overall survival of first-line brentuximab vedotin plus chemotherapy in patients with stage III/IV classical Hodgkin lymphoma. To date, an overall survival benefit has rarely been shown in first-line classical Hodgkin lymphoma (cHL) and a meaningful improvement in overall survival without the need for escalation of therapy or use of bleomycin would represent a significant advance in optimizing outcomes for these patients.
- Initial findings of the phase 2, open-label DELPHINUS study of daratumumab in pediatric and young adult patients with relapsed/refractory T-cell acute lymphoblastic leukemia (ALL) or lymphoblastic lymphoma (LL). While current treatments provide a promising prognosis for pediatric ALL and LL, up to 25% of patients will be refractory to or relapse after frontline treatment. This trial seeks to determine the efficacy and safety of daratumumab, a human monoclonal antibody approved to treat multiple myeloma, when used in combination with standard chemotherapy in this patient population.
- Updated data from the dose escalation part of a phase 1b, multicenter study of subasumstat in combination with pembrolizumab in patients with relapsed/refractory, checkpoint inhibitor (CPI)-exposed, non-squamous non-small-cell lung cancer or microsatellite-stable colorectal cancer. SUMOylation is a post-translational modification with a role in limiting type 1 interferon (IFN-1)-dependent immune responses. Subasumstat is a small-molecule inhibitor of SUMOylation with the potential to increase antitumor immunity and overcome tumor resistance to CPI by inducing IFN-1 signaling. Preclinical data suggest that subasumstat enhances antigen cross-presentation, promoting T cell dependent antitumor responses; subasumstat plus an anti-PD-1 CPI has shown synergistic tumor growth inhibition and activation of CD8+ T cells and natural killer cells in synergistic mouse models.
The full list of presentations at the 2022 ASCO Annual Meeting follows:
About Rutgers Cancer Institute of New Jersey
As New Jersey's only National Cancer Institute-designated Comprehensive Cancer Center, Rutgers Cancer Institute, together with RWJBarnabas Health, offers the most advanced cancer treatment options, including bone marrow transplantation, proton therapy, CAR T-cell therapy and complex surgical procedures. Along with clinical trials and novel therapeutics such as precision medicine and immunotherapy – many of which are not widely available – patients have access to these cutting-edge therapies at Rutgers Cancer Institute of New Jersey in New Brunswick, Rutgers Cancer Institute of New Jersey at University Hospital in Newark, as well as through RWJBarnabas Health facilities. To make a tax-deductible gift to support the Cancer Institute of New Jersey, call 848-932-8013 or visit www.cinj.org/giving.
For journalists – contact:
Krista Didzbalis
Media Relations Assistant
732-507-8307
krista.didzbalis@rutgers.edu
For patient appointments/inquiries – contact:
844-CANCERNJ (844-226-2376)
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SOURCE Rutgers Cancer Institute of New Jersey and RWJBarnabas Health | https://www.mysuncoast.com/prnewswire/2022/05/26/rutgers-cancer-institute-new-jersey-rwjbarnabas-health-present-expansive-diverse-compelling-new-cancer-research-2022-asco-annual-meeting/ | 2022-05-26T22:34:35Z |
NEW YORK, June 21, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Unilever PLC (NYSE: UL) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of all persons who purchased or otherwise acquired Unilever American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive.
Lead Plaintiff Deadline: August 15, 2022
No obligation or cost to you.
Learn more about your recoverable losses in UL:
https://www.kleinstocklaw.com/pslra-1/unilever-plc-loss-submission-form?id=28815&from=4
Unilever PLC NEWS - UL NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Unilever PLC made materially false and/or misleading statements and/or failed to disclose that: a) in July 2020, the board of Ben & Jerry's, one of Unilever's marquee brands, passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" ; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Unilever you have until August 15, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Unilever securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the UL lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/unilever-plc-loss-submission-form?id=28815&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/06/21/ul-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-15-2022-class-action-filed-behalf-unilever-plc-shareholders/ | 2022-06-21T10:40:36Z |
NEW YORK, April 5, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Huttig Building Products, Inc. (NASDAQ: HBP)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Huttig Building Products, Inc. (NASDAQ: HBP), in connection with the proposed tender offer for HBP by Woodgrain Inc. Under the terms of the tender offer, HBP shareholders will receive $10.70 in cash for each share of HBP common stock owned. If you own HBP shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/hbp
Emclaire Financial Corp (NASDAQ: EMCF)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Emclaire Financial Corp (NASDAQ: EMCF) in connection with its proposed merger with Farmers National Banc Corp. ("Farmers"). Under the terms of the merger agreement, each shareholder of EMCF may elect to receive either $40.00 per share in cash or 2.15 shares of Farmers' common stock, subject to an overall limitation of 70% shares and 30% cash. If you own EMCF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/emcf
Columbia Care Inc. (OTCQX: CCHWF)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Columbia Care Inc. (OTCQX: CCHWF) in connection with its proposed merger with Cresco Labs ("Cresco"). Under the terms of the merger agreement, CCHWF shareholders will receive 0.5579 shares of Cresco for each share of CCHWF common stock owned, representing an implied per-share merger consideration of approximately $3.40 based upon Cresco's April 4, 2022 closing price of $6.10. If you own CCHWF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/cchwf
MoneyGram International, Inc. (NASDAQ: MGI)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of MoneyGram International, Inc. (NASDAQ: MGI), in connection with the proposed acquisition of MGI by funds affiliated with Madison Dearborn Partners, LLC. Under the terms of the acquisition agreement, MGI's shareholders will receive $11.00 in cash for each share of MGI common stock that they hold. If you own MGI shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/mgi
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SOURCE WeissLaw LLP | https://www.mysuncoast.com/prnewswire/2022/04/05/shareholder-alert-weiss-law-reminds-hbp-emcf-cchwf-mgi-shareholders-about-its-ongoing-investigations/ | 2022-04-06T06:02:31Z |
PITTSBURGH, April 22, 2022 /PRNewswire/ -- "I used to give my young niece baths when she was young and I realized the danger that the shower could impose," said the inventor from Brooklyn, N.Y. "I thought of this idea to protect children and elderly in the shower from potential drowning or burns."
She created the AQUA SAFETY to help prevent children from turning on the water in the bathtub. This product could eliminate accidental drowning that is caused by adding water to an unattended or unsupervised bathtub. It would be installed for safety but also to prevent water damage/flooding and control costs. Additionally, this could also be used for the elderly or disabled individuals who need supervision to bathe or shower safely.
The original design was submitted to the Manhattan sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-MTN-3592, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/04/22/inventhelp-presents-shower-safety-box-mtn-3592/ | 2022-04-22T19:25:50Z |
Amazon’s Alexa could soon mimic voice of dead relatives
(AP) - Amazon’s Alexa might soon replicate the voice of family members - even if they’re dead.
The capability, unveiled at Amazon’s Re:Mars conference in Las Vegas, is in development and would allow the virtual assistant to mimic the voice of a specific person based on a less than a minute of provided recording.
Rohit Prasad, senior vice president and head scientist for Alexa, said at the event Wednesday that the desire behind the feature was to build greater trust in the interactions users have with Alexa by putting more “human attributes of empathy and affect.”
“These attributes have become even more important during the ongoing pandemic when so many of us have lost ones that we love,” Prasad said. “While AI can’t eliminate that pain of loss, it can definitely make their memories last.”
In a video played by Amazon at the event, a young child asks “Alexa, can Grandma finish reading me the Wizard of Oz?” Alexa then acknowledges the request, and switches to another voice mimicking the child’s grandmother. The voice assistant then continues to read the book in that same voice.
To create the feature, Prasad said the company had to learn how to make a “high-quality voice” with a shorter recording, opposed to hours of recording in a studio. Amazon did not provide further details about the feature, which is bound to spark more privacy concerns and ethical questions about consent.
Amazon’s push comes as competitor Microsoft earlier this week said it was scaling back its synthetic voice offerings and setting stricter guidelines to “ensure the active participation of the speaker” whose voice is recreated. Microsoft said Tuesday it is limiting which customers get to use the service -- while also continuing to highlight acceptable uses such as an interactive Bugs Bunny character at AT&T stores.
“This technology has exciting potential in education, accessibility, and entertainment, and yet it is also easy to imagine how it could be used to inappropriately impersonate speakers and deceive listeners,” said a blog post from Natasha Crampton, who heads Microsoft’s AI ethics division.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/23/amazons-alexa-could-soon-mimic-voice-dead-relatives/ | 2022-06-23T17:13:04Z |
Divisions over LGBTQ-related policies have flared recently at several religious colleges in the United States. On Monday, there was a dramatic new turn at one of the most rancorous battlegrounds – Seattle Pacific University.
A group of students, faculty and staff at the Christian university sued leaders of the board of trustees for refusing to scrap an employment policy barring people in same-sex relationships from full-time jobs at SPU. The 16 plaintiffs say the trustees’ stance – widely opposed on campus – is a breach of their fiduciary duties that threatens to harm SPU’s reputation, worsen enrollment difficulties and possibly jeopardize its future.
The lawsuit, filed in Washington State Superior Court, requests that the defendants – including the university’s interim president, Pete Menjares – be removed from their positions. It asks that economic damages, in an amount to be determined at a jury trial, be paid to anyone harmed by the LGBTQ hiring policy.
“This case is about six men who act as if they, and the educational institution they are charged to protect, are above the law,” the lawsuit says. “While these men are powerful, they are not above the law… They must be held to account for their illegal and reckless conduct.”
In addition to Menjares, the defendants are board chair Dean Kato; trustees Matthew Whitehead, Mark Mason and Mike Quinn, and former trustee Michael McKee. Whitehead and Mason are leaders of the Free Methodist Church, a denomination whose teachings do not recognize same-sex marriage and which founded SPU in 1891.
There was no immediate response to the lawsuit from SPU, though its communications office acknowledged receiving a query from The Associated Press and said a reply was in the works.
SPU’s LGBTQ-related employment policy has been a source of bitter division on the campus over the past two years. One catalyst was a lawsuit filed against SPU in January 2021 by Jeaux Rinedahl, an adjunct professor who alleged he was denied a full-time, tenured position because he was gay.
That lawsuit eventually was settled out of court, but it intensified criticism of the hiring. Through surveys and petitions, it’s clear that large majorities of the faculty and student body oppose the policy, yet a majority of the trustees reaffirmed it in May – triggering resignations by other trustees and protests by students that included a prolonged sit-in at the school’s administrative offices.
At SPU’s graduation on June 12, dozens of students protested by handing gay-pride flags to Menjares, rather than shake his hand, as they received diplomas.
Kato, the trustees’ chair, responded to the protests with a firm defense of the hiring policy.
“We acknowledge there is disagreement among people of faith on the topic of sexuality and identity,” Kato’s wrote to student activists. “But after careful and prayerful deliberation, we believe these longstanding employee expectations are consistent with the University’s mission and Statement of Faith that reflect a traditional view on biblical marriage and sexuality.”
In June, Washington state Attorney General Bob Ferguson notified SPU that his office was investigating “possible discriminatory employment policies and practices” at the school. SPU was asked to provide details on hiring and firing policies related to individuals’ sexual orientation and involvement in a same-sex marriage or relationship.
On July 27, SPU filed a federal court lawsuit against Ferguson, contending that his investigation violated the university’s right to religious freedom.
“Seattle Pacific has asked a federal district court to step in and protect its freedom to choose employees on the basis of religion, free from government interference or intimidation,” the school said in a statement.
Ferguson responded two days later, declaring that his office “respects the religious views of all Washingtonians” but chiding SPU for resorting to litigation.
“The lawsuit demonstrates that the University believes it is above the law to such an extraordinary degree that it is shielded from answering basic questions from my office regarding the University’s compliance with state law,” Ferguson said.
Ferguson said his office intervened after receiving numerous complaints from SPU faculty and students. Their basic concern, he said, was that the university — located in one of the country’s most liberal cities — “discriminates against faculty and staff on the basis of sexual orientation,” which is prohibited by state law.
The plaintiffs in the new lawsuit against the trustees include six SPU students and 10 members of the faculty or staff.
Among them is Chloe Guillot, who graduated from SPU earlier this year and now – despite her differences with the trustees – attends the university’s seminary.
“I’m stubborn — there’s a part of me that refuses to give up,” she said, “I love professors I’ve had.”
“One thing that’s been hard to communicate to the public is how the actions of the board are so different from the rest of the university,” Guillot said. “The lawsuit goes through the ways these board members have orchestrated a coup that contradicts everything the university stands for.”
Among the faculty plaintiffs is Lynette Bikos, a professor of clinical psychology. She described the board’s behavior as “nefarious” — jeopardizing SPU’s future and undermining its longstanding commitment to diversity.
She cited the possibility of a 25% reduction in faculty positions and said consultants had warned professors that SPU might have only a few more years of financial viability unless circumstances change.
The school’s total enrollment last fall was 3,443, down from 4,175 in 2015.
Bikos said she’s deeply committed to fighting the employment policy, yet finds the effort exhausting.
“Never in my life did I think I’d be part of a lawsuit,” she said. “That’s not who I am.”
Paul Southwick, lead attorney for the plaintiffs, said the university likely would seek dismissal of the lawsuit but predicted the court would allow a jury trial to proceed. He declined to predict an ultimate outcome, but said that under state law, Washington’s attorney general has the right to remove university trustees under certain circumstances.
Tensions over LGBTQ-related policies have flared recently at other religious universities in the U.S.
At Brigham Young – run by The Church of Jesus Christ of Latter-day Saints — LGBTQ students and their allies at the Provo, Utah, school have been protesting rules that forbid same-sex romantic partnerships or physical displays of affection.
Yeshiva University – based in New York City – has asked the U.S. Supreme Court to block a state court order mandating that the Orthodox Jewish school recognize an LGBTQ student group – the YU Pride Alliance – as an official campus club. On Friday, the Supreme Court granted Yeshiva’s request for the time being, and signaled it may consider the case more fully.
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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. | https://cw33.com/news/u-s-news/ap-us-headlines/ap-faculty-students-sue-christian-school-over-lgbtq-hiring-ban/ | 2022-09-12T23:55:34Z |
SAN FRANCISCO, June 1, 2022 /PRNewswire/ -- Vial has announced that they will be expanding their CRO into Oncology. This exciting announcement comes after their successful launches in Dermatology and Ophthalmology earlier this year.
Arati Rao, M.D., Head of Clinical Development at PACT Pharma, will advise the Vial team on the development and creation of the Oncology CRO. Dr. Rao and the Vial team will work closely to build a CRO optimized for sponsors' greatest needs.
The new Oncology CRO will aim to drive faster execution and higher quality trial outcomes for Oncology sponsors. By deploying Vial's tech-enabled trial management system that integrates eSource, ePRO, EDC and CTMS systems into a seamless operating system, the CRO will enable trials to be run at their greatest efficiency.
Dr. Rao has served as the principal investigator (PI) on several hematologic malignancy trials and was an NIH (National Institutes of Health) funded clinical researcher. She specializes in the care of elderly patients with hematologic malignancy, specifically Acute Myeloid Leukemia. Prior to joining PACT Pharma, Dr. Rao was the Executive Director at Kite Pharma and the Medical Director (Clinical Research Oncology) at Gilead Sciences. Dr. Rao is a former Associate Professor of Medicine at the Duke University School of Medicine, where she completed both of her fellowships in hematology-oncology and geriatrics, in addition to her residency after medical school.
On joining Vial, Dr. Rao said, "When I left Duke to join the biotech industry, I wanted to move the needle for oncology patients and impact therapeutic development at a larger scale. The decision to join Vial as an advisor is driven by that same motivation. I believe that Vial can change the field of oncology research for the better, and I'm thrilled to assist them on this journey."
About Vial: Vial's mission is to run clinical trials with faster execution and higher quality in order to bring new therapies to market. Vial has over 100 employees and is based in San Francisco, California. Vial partners with Dermatologists, Ophthalmologists, and Oncologists to support their research teams and has created a network of over 35 clinics that have contributed to over 750 trials. The clinic network runs trials from Phase I through Phase IV.
See the full release here.
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SOURCE Vial | https://www.wibw.com/prnewswire/2022/06/02/vial-launch-oncology-cro-arati-rao-md-named-first-advisor/ | 2022-06-02T00:59:01Z |
WARSAW, Poland (AP) — The death toll from two coal mine accidents last week in southern Poland has risen to 13 after another injured miner died Tuesday, a doctor said.
The miner died at the Siemianowice Slaskie hospital, which specializes in treating burns, where 20 other coal mine workers were still being treated for injuries from methane gas blasts, Dr. Przemyslaw Strzelec said.
The man’s death means that seven miners and rescuers were killed by repeated blasts Wednesday and Thursday at the Pniowek mine, near the Czech border.
The search for seven others who remain missing was suspended after Thursday’s blasts hurt 10 rescuers.
In the nearby Borynia-Zofiowka mine, 13 teams of rescuers are searching for four miners gone missing after a tremor and methane gas discharge on Saturday. Six miners died in that accident.
Prosecutors have opened investigations into the accidents. The mines are operated by the Jastrzebska Spolka Weglowa, JSW.
Most Polish coal mines are in the southern Silesia region and many have a high presence of methane in the rock.
Some 70% of Poland’s energy comes from coal, a proportion that has been sharply criticized by the European Union and environmental groups who are concerned about CO2 emissions and meeting climate change goals.
Poland has been trying to scale down its use of coal. Prime Minister Mateusz Morawiecki recently said Poland has stopped coal imports from Russia and its ally Belarus in response to Moscow’s invasion of Ukraine.
For years Poland has been reducing its dependence on Russian energy sources that was built in communist-era times before 1990, when Poland was Russia’s satellite.
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Follow all AP news about climate change issues at https://apnews.com/hub/climate | https://cw33.com/business/ap-business/death-toll-rises-to-13-in-poland-mine-accidents-11-missing/ | 2022-04-26T13:30:42Z |
CHARLOTTE, N.C., Sept. 15, 2022 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for email news alerts.
Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Bill Halldin, Bank of America
Phone: 1.916.724.0093
william.halldin@bofa.com
Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com
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SOURCE Bank of America Corporation | https://www.kxii.com/prnewswire/2022/09/15/bank-america-declares-fourth-quarter-2022-preferred-stock-dividends/ | 2022-09-15T20:56:01Z |
Ukrainian soldiers’ Facebook accounts targeted by hackers, Meta says
By Donie O’Sullivan and Sean Lyngaas, CNN Business
Facebook parent company Meta detailed Thursday an array of shady cyber tactics that it says groups linked to Russia and Belarus are using to target Ukrainian soldiers and civilians.
The tactics the groups are using, according to Meta, include posing as journalists and independent news outlets online to push Russian talking points, attempting to hack dozens of Ukrainian soldiers’ Facebook accounts, and running coordinated campaigns to try to get posts by critics of Russia removed from social media.
Meta said a hacking group known as “Ghostwriter,” which cyber experts believe is linked to Belarus, attempted to hack into the Facebook accounts of dozens of Ukrainian military personnel.
The hackers were successful in “a handful of cases,” Meta said, and “they posted videos calling on the Army to surrender as if these posts were coming from the legitimate account owners. We blocked these videos from being shared.”
Meta also noted that actions by groups linked to the Russian and Belarusian government appeared to intensify shortly before the invasion. The company said it had observed that accounts linked to the Belarusian KGB “suddenly began posting in Polish and English about Ukrainian troops surrendering without a fight and the nation’s leaders fleeing the country on February 24, the day Russia began the war.”
Meta also said it had removed a network of about 200 accounts operated from Russia that repeatedly filed false reports about people in Ukraine and Russia in an attempt to get them and their posts removed from the platform. The accounts regularly falsely reported to Meta that people in Ukraine and Russia had broken the company’s rules on hate speech as well as other policies. This tactic, known as “mass-reporting,” is commonly used by people trying to have an opponent’s social media accounts shut down.
Vadym Hudyma, co-founder at Digital Security Lab Ukraine, an organization that helps secure the online accounts of journalists and activists, said Russia’s invasion brought a “huge surge in attacks against social media accounts via mass reporting.”
Many of the targeted Twitter and Facebook accounts were not verified, which made it harder to recover the accounts of organizations that were, for example, raising money and coordinating medical supplies in response to the Russian invasion, Hudyma told CNN.
“Many social media pages were temporarily shut down. We’ve probably recovered most of them quite quickly. But that was a mess.”
Meta also said it continues to see the use of fake profile photos in disinformation campaigns.
In a previous announcement in February, Meta said it had had discovered and shut down a covert Russian influence operation that ran accounts posing as people in Kyiv, including news editors, and targeting Ukrainians.
“They claimed to be based in Kyiv and posed as news editors, a former aviation engineer, and an author of a scientific publication on hydrography — the science of mapping water,” Meta said in a blog post.
Meta tied the fake accounts to people previously sanctioned by the US government. The accounts and websites run by this influence operation do not appear to have been very successful in reaching a lot of people, according to data reviewed by CNN.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-social-media-technology/2022/04/07/ukrainian-soldiers-facebook-accounts-targeted-by-hackers-meta-says/ | 2022-04-07T15:44:11Z |
‘Clean Slate Day’ offers fresh start to some with criminal history
TOPEKA, Kan. (WIBW) - Several Shawnee Co. residents have a chance to expunge their convictions and criminal arrests on Thursday, if the crime qualifies.
The project called “Clean Slate Day” is being held at the Stormont Vail Events Center’s Agricultural Hall from 9:00 a.m. to 3:00 p.m. on Thursday, September 15. It was created by the Topeka Bar Association to allow others the chance to file a claim to determine if their convictions can be expunged, but it depends on the crime.
Any adult arrests, diversions, or convictions qualify for this project, but federal and municipal court cases do not apply.
The Bar Association says that by expunging the allowed convictions, barriers that have since prevented others from accessing employment and housing would break down and improve their chance to access what they could not access before. The project was described by the Bar Association as a “pro bono service project,” therefore, there is no charge for each person submitting their case.
Anyone wanting to seek an expungement has been asked to fill out the necessary forms before they arrive at the Stormont Vail Events Center. Click HERE, to access the required forms.
If you want to seek an expungement, you can use the Shawnee Co. District Court’s website to search for you particular case in Shawnee Co.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/15/clean-slate-day-offers-fresh-start-some-with-criminal-history/ | 2022-09-15T17:40:27Z |
Oro's open source platform named a top solution for B2B digital commerce
vendors and clients
WEST HOLLYWOOD, Calif., July 28, 2022 /PRNewswire/ -- Digital commerce pioneer Oro, Inc., the company behind OroCommerce, today announced that it has been recognized in 2022 Paradigm B2B Combine (Midmarket Edition). Oro's flagship solution medalled in 10 of 12 categories, earning special praise in the Content & Data Management, Promotions Management, Sales & Channel Enablement, and Ability to Execute categories.
Produced by B2B eCommerce veteran and former Forrester Research VP and principal analyst Andy Hoar, the 2022 Paradigm B2B Combine report evaluated B2B eCommerce vendors across 38 different criteria. The report highlights Oro's Content Management System, promotions and pricing engine, highly accessible executive team, robust marketplace functionality, and strong Product Information Management (PIM) as particular strengths. A customer cited in the Combine report also praised OroCommerce's "purpose-built B2B backbone."
"Without command of their data, B2B companies can neither create compelling customer experiences nor customize and personalize buyer interactions," Andy Hoar notes in the Combine report. "OroCommerce is particularly well-suited for B2B midmarket companies looking for a three-in-one solution consisting of CRM, eCommerce, and Marketplace functionality that can deliver on both self-service and assisted selling scenarios."
Drawing on insights from B2B eCommerce technology clients and vendors, the Combine report recognizes OroCommerce as a top solution, with gold medal status in the Content & Data Management and Promotions Management categories. Oro was also recognized as a silver medalist for its Ability to Execute, an indication of management quality and company resources. Oro's silver medal recognition for Sales & Channel Enablement aligns with Oro's commitment to supporting brands as they bring customer-facing sales and customer service reps into the digital commerce process.
In total, the Paradigm B2B Combine (Midmarket Edition) awarded OroCommerce two gold medals, two silver medals, and six bronze medals. The recognition comes during Oro's 10th anniversary year, and as the company prepares for its landmark OroVibe summit in October 2022.
"With digital commerce growing at a breakneck pace, there's increasing demand for sophisticated and robust online solutions that can help brands reach new customers and build on their existing client relationships," said Oro CEO Yoav Kutner. "We believe Oro stands out from the pack with our open-source technology, as well as our customer-focused culture and management, and Paradigm B2B's recognition validates our team's commitment to building the best B2B solutions on the market. We see the Paradigm B2B report as affirming the growing need for feature-rich, all-in-one tools for B2B operators, and we're thrilled to see OroCommerce recognized as a top solution."
Download the 2022 Paradigm B2B Combine (Midmarket Edition) report here.
About Oro, Inc.
Oro, Inc. offers a suite of open-source commerce applications: OroCommerce, the B2B eCommerce platform purpose-built for manufacturers, distributors, wholesalers and brands; OroMarketplace, the analyst-recognized marketplace management platform for all business use cases; OroCRM, the industry's most flexible multi-channel CRM solution; and OroPlatform, a streamlined solution for developers of custom business applications. Oro's founders previously founded Magento and have deep experience in the eCommerce industry. They include Yoav Kutner, CEO; Dima Soroka, Chief Technology Officer; and Roy Rubin, director of Oro's advisory board.
For more information on OroCommerce, visit https://oroinc.com/b2b-ecommerce/.
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SOURCE Oro Inc. | https://www.wibw.com/prnewswire/2022/07/28/orocommerce-awarded-exceptional-rating-key-areas-2022-paradigm-b2b-combine-report/ | 2022-07-28T14:33:05Z |
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- DotLab, a medical diagnostics company, announced that the United States Patent and Trademark Office has granted three key patents for its technology focused on the diagnosis, assessment, and characterization of endometriosis. Via its clinical studies, DotLab has pioneered medical tests enabled by single-stranded, non-coding RNAs called microRNAs in circulating body fluids such as blood and saliva. The inventions embodied in the portfolio of granted patents – U.S. Patent No. 10,982,282, U.S. Patent No. 11,220,713, and U.S. Patent No. 11,315,660 B2 – also include the company's proprietary machine learning algorithms to detect, predict, diagnose, and monitor the presence or absence of the disease.
The training set for the DotEndo™ machine learning algorithm was developed via DotLab's EMPOWER clinical study, a prospective, observational, multi-center study run at endometriosis centers of excellence across the United States. EMPOWER is the most robust clinical study of its type ever performed, making it an excellent foundation for the commercial test.
"DotLab tackled a holy grail in women's health - endometriosis - which is notorious for its complex biology and the sheer scale of the unmet medical need," said DotLab's CEO Heather Bowerman. "We're proud to share the news of these inventions and intellectual property achievements, which are ultimately a much-needed win for millions of patients."
DotLab's validation study was published in the American Journal of Obstetrics & Gynecology, the official publication of the American Gynecological & Obstetrical Society, Association of Professors of Gynecology and Obstetrics, Infectious Diseases Society for Obstetrics and Gynecology, Society for Maternal-Fetal Medicine, and Society of Gynecologic Surgeons.
Dot Laboratories, Inc. ("DotLab") is a female-founded, female-led company solving some of the world's most significant diagnostic challenges via the latest advancements in multiomics and computational biology. The company delivers clinical innovations to areas of significant unmet need. The company is harnessing its expertise with novel, cutting-edge biomarkers and the power of machine learning to deliver non-invasive tests, starting with endometriosis. The company drives a paradigm shift in the identification and management of the disease.
Media Contact: pr@dotlab.com
General Contact: hello@dotlab.com
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SOURCE DotLab | https://www.kxii.com/prnewswire/2022/08/19/dotlab-announces-three-granted-patents-its-non-invasive-test-endometriosis-dotendo/ | 2022-08-19T01:30:46Z |
JACKSONVILLE, Fla, Aug. 18, 2022 /PRNewswire/ -- LandSouth Construction, a Jacksonville, Fla.-based, award-winning general contractor, has broken ground on Ilumina Zephyrhills, a high-end multifamily development in Zephyrhills, FL.
North American Development Group is the developer of Ilumina Zephyrhills, which is scheduled for completion in late Spring 2024 and will be a great complement to the existing Zephyr Commons shopping center which is located adjacent to the subject property and is anchored by many of Florida's most dominant retailers, including Publix Supermarket. "NADG has owned and operated Zephyr Commons for over a decade and has enjoyed a great relationship with the City of Zephyrhills," said Todd Addison, Senior Director with NADG. "Ilumina Zephyrhills will continue the shopping center's evolution into a true mixed-use environment. NADG's development team is excited to work with LandSouth Construction to bring this luxury residential property to the City with resort style amenities in a lushly landscaped setting."
"Zephyrhills is a beautiful part of the fast-growing Tampa Bay area," shared James Pyle, LandSouth President and CEO. "LandSouth is excited to partner with North American Development Group to bring new upscale multifamily living to the Zephyrhills area."
Justin Duff is the LandSouth project manager for Illumina Zephyrhills and Brent Fox will serve as the superintendent for the project. The architecture firm for Ilumina Zephyrhills is Forum Architecture & Interior Design Group.
Ilumina Zephyrhills will be a garden-style development, with five buildings, all with four stories. The development will also have a clubhouse, pool pavilion, and maintenance building. Ilumina Zephyrhills will offer a total of 252 units. Residents can choose from nine different floor plans, from one to three bedrooms. The units range from 799 square feet to 1,355 square feet and will have balconies, walk-in closets, and much more. Amenities at Ilumina Zephyrhills will include a pool, dog park, playground, basketball court, pickleball court, trellis, and a cabana. Ilumina Zephyrhills will provide residents proximity to the Zephyr Commons shopping mall. Hillsborough State Park, and Crystal Springs.
"Ilumina Zephyrhills will offer the best of everything LandSouth and North American Development Group bring to a new development," Justin Duff, the LandSouth project manager stated. "We're excited to get started on Ilumina Zephyrhills and bring more multifamily, luxury living to the Zephyrhills area."
LandSouth will employ its unique integrated construction approach to build Ilumina Zephyrhills. Service components work together to provide seamless delivery through proven procedures, systems, and technology.
ABOUT LANDSOUTH CONSTRUCTION
LandSouth Construction, the Southeast's premier general contractor, specializing in multifamily, senior living, and mixed-use development, was named one of Engineering News Record's Top 400. Since 1998 LandSouth has transformed ideas into best–in–class communities. Headquartered in Jacksonville, Fla. LandSouth has completed more than 25,000 multifamily units. For more information, call LandSouth's Kaley Robinson, (904) 760-3188, or visit www.landsouth.com.
ABOUT NORTH AMERICAN DEVELOPMENT GROUP
North American Development Group ("NADG") was founded in 1977 and is a full service, vertically integrated real estate platform with over $5.5 Billion of assets under management. NADG has been active in the acquisition, development/redevelopment and management of over 300 shopping centers, mixed-use and residential projects comprising well over 35 million square feet across the United States and Canada. NADG's retail platform currently consists of over 25 million square feet of shopping center and mixed-use space. NADG has completed (or is under development on) over 4,300 residential units, with a pipeline of ±9,800 units. For more information, please visit www.NADG.com.
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SOURCE LandSouth Construction | https://www.kxii.com/prnewswire/2022/08/18/landsouth-breaks-ground-ilumina-zephyrhills/ | 2022-08-18T14:56:51Z |
Amid an Unprecedented Global Surge in Partnerships, Industry Leaders Include TotalEnergies, Shell, Rio Tinto, BASF, Airbus, Bosch, Tesla, Aviva, and Cigna
Webinar on June 29th to Review Findings
WASHINGTON, June 22, 2022 /PRNewswire/ -- Companies that actively enter new partnerships and more frequently restructure existing joint ventures (JVs) are more likely to have a higher return on capital (ROC) than industry peers, according to a new report from Ankura. Conversely, companies with stagnant partnerships portfolios are likely to be industry laggards.
Partnership Makers and Shakers: Ankura's 2022 Scoreboard of Corporate Partnering Activity is a first of-a-kind in-depth analysis of nearly 100 of the largest companies in the world across eight industries. It scrutinizes more than 3,200 partnerships to determine how often the firms revamp existing ventures and enter new ones. It also draws important correlations to financial performance.
Register for a webinar on Wednesday, June 29, 2022, at 10 AM ET with a review of the findings.
The report identifies companies that are industry leaders in terms of the volume of new partnership deals. The analysis offers a Weighted Partnership Activity Score (WPAS), which allows for a ranking of partnership leaders and laggards. When comparing a company's WPAS to the industry median ROC, firms with higher WPAS scores outperformed their industry's median financial returns.
The analysis finds:
- When looking at the absolute volume of new partnerships, French energy giant TotalEnergies is the overall leader, consummating 73 new partnerships during the past five years related to renewable energy transition, including solar, offshore wind, hydrogen, and other energy sources. In seven other industry sectors, leaders by absolute volume of new partnerships were Rio Tinto, BASF, Boeing, Siemens, Daimler, Mastercard, and Pfizer.
- For restructured partnerships, Shell was the overall leader in absolute volume, having fundamentally changed 56 joint ventures as part of the company's strategy to decarbonize and invest in sustainable businesses. In other sectors, industry leaders in absolute volume of restructurings were Rio Tinto, SABIC, Raytheon, Siemens, Daimler, Aviva, and Pfizer.
- WPAS industry leaders were TotalEnergies, Rio Tinto, BASF, Airbus, Bosch, Tesla, Aviva, and Cigna. In contrast, market laggards based on relative partnership portfolio activity by sector were Repsol, Vale, Dupont, Thales, Honda, Caterpillar, Global Payments, and Medtronic.
"This report sounds the alarm that corporate leaders and dealmakers must double down on aggressively managing their joint ventures and other partnerships because it has a material impact on the bottom line," said James Bamford, Global Leader of Ankura's Joint Ventures & Partnerships Practice and co-author of the report.
"The old formula of forging a few large JVs and staying 'married for life' no longer works in many industries," Bamford added. "To keep pace, corporate leaders and dealmakers must be activists. To maximize financial and strategic gains, companies must look at restructuring their ventures at the right time. And they also must be more efficient and effective in originating, screening, negotiating, and structuring new partnerships, especially in frontier technologies and markets."
The research comes amid an unprecedented surge in new corporate partnerships worldwide, up 173 percent in the last 24 months, and as JV restructurings, including exits, are up 215 percent compared to volumes from the prior four years. This increase is outstripping the pace of mergers and acquisitions (M&A), which also have been at stratospheric levels. New partnerships permeate virtually every industry across the globe, with the highest volumes occurring in markets driven by transformational technological and societal change, especially sustainability. This includes renewable energy, plastics recycling, mobility, digital health and immunotherapies, and fintech.
The research also finds:
- Oil and gas companies have the largest historic installed base of partnerships, both in terms of volumes and materiality. For example, joint ventures account for 70 percent or more of upstream production for many international energy companies, and are also important in downstream refining and, increasingly, renewable energy.
- The automotive industry is the most active creator of new partnerships in recent years. For the 10 largest automakers in the world, 71 percent of the partnership portfolio is composed of ventures formed in the last five years. This surge is driven by a rapid push towards vehicle electrification, mobility services, autonomous vehicles, and alternative fuel technology. The partnerships are helping companies quickly access new technologies, gain scale, and secure key raw materials.
- The mining sector is the slowest new partnership former, with the median firm establishing just six new material partnerships in the last five years. But mining companies are gearing up for a range of new partnerships, including ventures to make their operations more sustainable.
- Industries restructure existing joint ventures at different rates. The oil and gas sector led all industries, with the median company restructuring almost 50 percent of its JVs during the last five years. This trend comes as major international players are rebalancing their portfolios to support the energy transition.
The research offers practical steps leaders and dealmakers can take to actively manage their ventures, and ultimately improve the financial performance.
Formerly Water Street Partners, the Ankura Joint Ventures & Partnerships Practice has been ranked the top global advisor on JVs and partnerships since 2017. The practice is comprised of leading experts who advise companies across the globe on negotiating and structuring new joint venture and other partnership transactions; improving and restructuring the governance and other aspects of existing ventures; and supporting companies in managing their portfolios of partnerships. To stay up to date with the latest Ankura Joint Ventures & Partnerships news, trends, and analysis, subscribe to The Joint Venture Alchemist and follow us on LinkedIn.
Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers services and end-to-end solutions to help clients at critical inflection points related to conflict, crisis, performance, risk, strategy, and transformation. The Ankura team consists of more than 1,700 professionals serving 3,000+ clients across 55 countries who are leaders in their respective fields and areas of expertise. Collaborative lateral thinking, hard-earned experience, expertise, and multidisciplinary capabilities drive results and Ankura is unrivaled in its ability to assist clients to Protect, Create and Recover Value. For more information, please visit www.ankura.com.
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SOURCE Ankura | https://www.wibw.com/prnewswire/2022/06/22/companies-actively-managing-joint-ventures-other-partnerships-deliver-stronger-financial-performance-according-new-ankura-research/ | 2022-06-22T14:17:06Z |
(The Hill) – The Justice Department on Friday complied with a judge’s order to release a redacted version of the affidavit that convinced him to approve a warrant to search former President Trump’s Florida home.
Its release comes after Judge Bruce Reinhart ordered the Justice Department to propose redactions to a document that the department argued a full release of would compromise their ongoing investigation.
Read the redacted document below.
The Justice Department previously unsealed portions of the warrant related to the search of Mar-a-Lago earlier this month, indicated that the government seized 11 different sets of classified materials, along with other information about Trump’s decision to pardon ally Roger Stone.
The warrant also indicated that Trump was under investigation for a possible violation of the Espionage Act, as well as two other statutes: one that bars concealing, removing and mutilating government documents, and another that prohibits similar actions when done “with the intent to impede, obstruct, or influence [an] investigation.” | https://cw33.com/news/nexstar-media-wire/read-the-unsealed-department-of-justices-trump-warrant-affidavit/ | 2022-08-26T19:38:26Z |
Group's performance was impacted by the continued Avon transformation, challenging global environment and tough comparable base
SÃO PAULO, May 5, 2022 /PRNewswire/ -- Natura &Co's (NYSE – NTCO; B3 – NTCO3) first-quarter performance reflects the challenging environment in which it is operating, but the Group recorded positive signs including a resumption of growth at Natura in Brazil and further improvement in Avon's fundamentals, while Aesop continued its strong growth.
Natura &Co posted consolidated net revenue of R$8.3 billion, down 4.6% at constant currency and 12.7% in BRL in the first quarter, and adjusted EBITDA margin was 7.2% (-300 bps) on the back of a very strong comparable base, as Q1 of last year saw sales growth of 8.1% at constant currency and 25.8% in BRL. Net income was R$ (643.1) million and the Group ended the quarter with a solid net cash position of R$ 4.5 billion.
The Q1-22 performance was notably impacted by rising inflation affecting discretionary spend in key markets, cost pressures in the supply chain, unfavorable currency movements and first effects of the war in Ukraine. But it also reflects strategic decisions by Natura &Co related to Avon's transformation, including a reduction in the product portfolio and the implementation of the new commercial model, with first indicators already showing improvements.
The ramp-up of digitally-enabled sales continued, reaching 50.8% of total revenue, compared to 47.7% in Q1-21 and to 35.0% pre-pandemic (Q1-20), driven by continued growth at Natura and Avon. Digitally-enabled sales include online sales (e-commerce + social selling) and relationship selling using digital apps. At Avon International, adoption of the Avon On app has posted consistent and sustained growth over the last 9 quarters, reaching 16%, or 5 times pre-pandemic levels. At Natura in Latam, the average number of consultants sharing content also increased by nearly 5 times compared to pre-pandemic levels and orders through the 1.5 million+ consultant online stores increased by 81% in the region and were three times their Q1-20 levels.
The global macroeconomic and geopolitical environment has been volatile, marked by rising inflationary pressures, supply chain disruption, currency volatility and the outbreak of the war in Ukraine, all impacting consumer spending and demand. Despite this volatility, the company is reaffirming its 2024 EBITDA margin guidance of 14% to 16%. The company now expects to achieve its consolidated net revenue target of R$47 billion to R$49 billion and net debt-to-EBITDA target of less than 1.0x in 2024, from 2023 currently, thus aligning all its guidance on the fiscal year ending December 31, 2024.
Roberto Marques, Executive Chairman and Group CEO, declared: "While our Q1 performance was impacted by rising inflation, cost pressures in the supply chain, unfavourable currency movements, and the first effects of the war in Ukraine, they also reflect The Body Shop channel rebalancing and weak consumer demand in Europe, as well as key strategic decisions related to Avon's transformation, including a reduction in the product portfolio and the implementation of the new commercial model.
This combination resulted in lower sales and profitability in the quarter compared to Q1-21, partly reflecting our greater exposure to Latin America and Europe, while most of our global peers are more exposed to Asia and North America. But we also saw some positive signs, including the resumption of growth by Natura in Brazil, an improvement in Avon's underlying performance with productivity gains, and another quarter of strong growth by Aesop.
We expect the environment to remain challenging in Q2 and will continue to take measures including further cost containment and strict financial discipline on investments in order to protect our profitability and cash generation. We also expect in the second half of the year to see further gains from Avon's transformation, with continued improvement in its fundamentals and leading indicators, in addition to a more favorable comparable base for the group. The company is reaffirming its EBITDA margin target in 2024 despite the outbreak of the war in Ukraine and the recent deterioration in the macroeconomic and geopolitical environment, which are impacting consumer spending and demand. However, in light of these effects, the Company now expects to achieve its consolidated net revenue and leverage targets in 2024, from 2023 previously."
Performance by business unit:
Natura &Co Latam's net revenue decreased by 2.1% in constant currency (-8.4% in BRL) in Q1. The Natura brand posted 5.3% growth in Latin America at constant currency (-1.9% in BRL) in the quarter. Growth resumed in Brazil (+3.2% at constant currency and +3.1% in BRL) and the Natura brand made significant market share in the quarter. Natura's sales were also up 8.0% in constant currency in Hispanic Latam markets (-8.7% in BRL), with growth across all markets, notably Argentina and Colombia. The Avon brand's revenue was down 11.1% at constant currency (-16.3% in BRL). In Brazil, net revenue improved sequentially since Q3-21 but was still down -17.0% in Q1-22, with beauty sales declining by a more limited 9.7%. In Hispanic markets, net revenue was down 7.9% in constant currency (-16.0% in BRL). The new commercial model is showing significant progress in Ecuador, with activity and productivity growth in nearly all campaigns in Q1 vs. last year, as well in Central America, with a sequential increase in activity and higher recruitment. Adjusted EBITDA margin for Natura &Co Latam was 9.0% (-320 basis points) in Q1.
Avon International's net revenue decreased 10.1% at constant currency (-22.1% in BRL) in Q1. Performance was mainly impacted by the war in Ukraine, lower disposable income in Europe from rising inflation and fewer representatives, reflecting a higher comparable base last year when the channel benefited from lockdown, as well as intentional optimization linked to the implementation of the new commercial model. Avon's business fundamentals continued to improve, with an increase of +9.1% in productivity and stable activity (excluding Russia and Ukraine). Q1 adjusted EBITDA margin stood at 4.4%, +30 bps vs Q1-21, a major achievement, supported by strict financial discipline and structural savings from the simplification of the operating model.
The Body Shop's net revenue was down 16.0% at constant currency (-22.9% in BRL) in Q1, mainly reflecting lower disposable income in Europe and an expected channel rebalancing, with retail's recovery offset by a drop in TBS At Home and e-commerce after outperforming during lockdowns. Q1 adjusted EBITDA margin was 6.4%, -830 bps vs Q1-21, mainly due to the absence of one-off pandemic-related government support that boosted last year, channel mix rebalancing and sales deleverage from deceleration in key markets. EBITDA margin is expected to recover in H2.
Aesop posted another excellent quarter, with net revenue increasing by 21.3% at constant currency (+9.6% in BRL). All markets delivered double-digit growth, led by North America and Asia-Pacific. Aesop consistently posted superior sales growth relative to global luxury brands. Q1 adjusted EBITDA margin was 21.7%, -500 bps compared to Q1-21, mainly due to planned higher investments in digital, categories and geographies to drive future sustainable growth.
About Natura &Co
Natura &Co is a global, purpose-driven, multi-channel and multi-brand cosmetics group which includes Avon, Natura, The Body Shop and Aesop. Natura &Co posted net revenues of R$40.1 billion in 2021. The four companies that form the group are committed to generating positive economic, social and environmental impact. For 130 years Avon has stood for women: providing innovative, quality beauty products which are primarily sold to women, through women. Founded in 1969, Natura is a Brazilian multinational in the cosmetics and personal care segment, leader in direct sales. Founded in 1976 in Brighton, England, by Anita Roddick, The Body Shop is a global beauty brand that seeks to make a positive difference in the world. The Australian beauty brand Aesop was established in 1987 with a quest to create a range of superlative products for skin, hair and the body.
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SOURCE Natura &Co | https://www.kxii.com/prnewswire/2022/05/06/natura-brand-resumes-growth-brazil-further-improvement-avon-fundamentals-q1/ | 2022-05-06T05:18:09Z |
Urban Air Franchisees Embrace New Snapology Model with Debuts in Five States
DALLAS, June 6, 2022 /PRNewswire/ -- Urban Air Adventure Park, the largest indoor adventure park operator in the world and part of the youth enrichment growth-focused platform Unleashed Brands, has opened 10 Snapology STEAM education centers in five states over the past four months. The move to add Snapology inside busy family entertainment centers allows franchisees to serve more families in their communities by helping kids learn, play and grow.
Since February 2022, Snapology centers have opened in the following Urban Air parks: South Jacksonville, FL; Port St. Lucie, FL; Tallahassee, FL; Plymouth, MN; Cornelius, NC; Toledo, OH; North Fort Worth, TX; Sugar Land, TX; Lake Jackson, TX and Katy, TX.
The new model offers franchisees the option to add efficiently-designed Snapology classrooms inside Urban Air parks. Snapology encourages social skills and teamwork by teaching science, technology, engineering, art and math in a fun way. The brand uses a research-based curriculum, designed to be inclusive to all learning abilities with a hands-on teaching approach that uses LEGO® Bricks and other building toys, along with coding, video game design and robotics. The programs are the perfect mix of play, academic enrichment and social development.
Urban Air is the largest indoor adventure park operator in the world with features such as intense ropes courses, Urban Air's Sky Rider Indoor Coaster, Battle Beams, wall-to-wall trampolines, dodgeball courts, electric Go-Karting, obstacle courses and more.
"We are excited to see this growth take shape for Snapology within the four walls of Urban Air parks. Expanding Snapology's presence and terrific programming to more local families is exciting for both of our brands," said Josh Wall, Chief Growth Officer for Unleashed Brands. "This innovative concept allows Urban Air franchisees to become multi-unit, multi-brand owners while serving the same customers in their market. Our franchisees are dedicated to impacting children and Snapology is the perfect educational add-on to Urban Air."
The new Snapology model inside Urban Air also launches a membership program specific to Snapology, a move that benefits area families looking for supplemental STEAM education for their kids. Franchisees are also benefitting from summer camps that can combine Snapology programming and curriculum with Urban Air's attractions.
This year, Urban Air ranked as the No. 1 entertainment franchise in Entrepreneur Magazine's Annual Franchise 500 list, the world's first, best and most comprehensive franchise ranking. Snapology was ranked as the No. 1 children's enrichment franchise on the same list.
Urban Air Adventure Park is the Nation's #1 destination for family fun, featuring a variety of attractions perfect for all ages. The award-winning national franchise brand is the largest adventure park operator in the world with more than 156 locations open and 130+ in development. Urban Air, founded in 2011, was in search of a higher purpose to help kids have fun while achieving activity goals that enhance their social and physical skills. For more information visit www.UrbanAir.com.
Founded in 2010, Snapology is the #1 children's enrichment franchise in the country, giving children the opportunity to learn through play with more than 80 enriching, interactive STEAM and STEM programs. With over 165 locations in the U.S. and Internationally, Snapology is quickly growing and impacting children throughout the world with their balance of educational enrichment, social development and fun. For more information about Snapology including franchise opportunities, visit www.Snapology.com.
Media Contact: Sara Faiwell, Fishman Public Relations, sfaiwell@fishmanpr.com or (847) 945-1300
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SOURCE Urban Air Adventure Park | https://www.wibw.com/prnewswire/2022/06/06/category-leading-franchise-brands-urban-air-adventure-park-snapology-team-up-open-10-new-steam-learning-centers-inside-family-entertainment-centers/ | 2022-06-06T22:43:51Z |
Services for David B. Rutland, 62, of Temple are pending with Scanio-Harper Funeral Home in Temple.
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TORONTO, May 4, 2022 /PRNewswire/ - With great sadness, the Executive team and Board of Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) announce the sudden and untimely passing of our friend Michael Vladescu, Chief Executive Officer of Wi-LAN Inc. ("WiLAN"). Michael joined WiLAN, a wholly owned subsidiary of Quarterhill, in 2012 as Chief Operating Officer and has been WiLAN's Chief Executive Officer since 2019.
"On behalf of Quarterhill and WiLAN and our Board and all our employees, I want to express our deepest condolences to Michael's family and community at this very difficult time," said Bret Kidd, Chief Executive Officer of Quarterhill. "For ten years Michael was an outstanding leader and contributor to the success at WiLAN, earning the utmost respect of the WiLAN team and Quarterhill's Board. His tenacity and intellect, and most of all his kindness and guidance will be missed throughout the halls of WiLAN."
"Michael and I have been friends and colleagues for 25 years and we at Quarterhill are in shock over this sudden loss," said Jim Skippen, Vice-Chair of Quarterhill. "Michael was a talented, dedicated, hard-working and warm person who was well-loved by his colleagues and all those he came into contact with during his career. He was a well-respected and recognized leader in the field of technology licensing and was frequently invited to speak at conferences and events on patents and technology licensing. Despite his dedication to his profession and his friends at work, nothing was more important to him than his wonderful family, and our thoughts are with his wife Caroline and their children."
The Board and Management of Quarterhill will have further announcements in the near future about the future leadership of WiLAN.
About Quarterhill
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as, through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing. Our goal is global leadership in ITS, via organic growth of the Electronic Transaction Consultants, LLC (ETC) and International Road Dynamics, Inc. (IRD) platforms, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information, visit www.quarterhill.com
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SOURCE Quarterhill Inc. | https://www.kxii.com/prnewswire/2022/05/04/quarterhill-announces-passing-michael-vladescu/ | 2022-05-05T02:01:06Z |
Green Hills Software announces new features and expanded microcontroller support for its mature, proven µ-velOSity real-time operating system
NUREMBERG, Germany, June 21, 2022 /PRNewswire/ -- Embedded World, Hall 4 Stand 325 — Green Hills Software, the worldwide leader in embedded safety and security, today announced important updates to its µ-velOSity™ real-time operating system (RTOS) for the growing use of new microcontrollers in vehicle electronics. Even with the consolidation of functions in zonal and domain controllers, the required number of microcontroller cores to support the surge of new safety and real-time applications remains large and growing in new designs from OEMs and Tier 1s. To support these new real-time processors, µ-velOSity has been updated with new RTOS features for new processors, along with optional capabilities that can be tailored for specific customer requirements, including:
- ISO 26262 ASIL certified (SEooC)
- Cybersecurity – adopting ISO 21434
- Memory Protection Unit (MPU) support
- Supported 32-bit architectures found on NXP®, STMicroelectronics, TI and other processors:
- Support for additional architectures including future Armv8-M, Armv8-R and others
These new capabilities join the µ-velOSity RTOS' existing features and capabilities including:
- Maximum execution speed and minimal boot time
- Tiny memory footprint
- Simple native API
- Open architecture supports domain-specific microcontroller accelerators
- µ-velOSity applications using the latest revisions of C and C++
In the car, today's microcontrollers need an RTOS that is purpose-built for the task. Cybersecurity, functional safety, cost and scalability are front of mind for OEMs for ECU nodes like e-fuses, battery management, zonal controllers, low-end radar and more, which in many cases have ultra-small memory footprint requirements. On the one hand, the RTOS must enable applications to fit in the limited internal-only memory of microcontrollers. On the other, the RTOS must be able to provide application layer enablement for the new domain-specific hardware features of modern microcontrollers and expose a unified application interface across different core architectures and silicon solutions. And finally, the software solution built on the RTOS needs to be certified to the highest levels of safety and security. The Green Hills µ-velOSity RTOS supports all these requirements.
µ-velOSity is also a perfect complement to the traditional use of AUTOSAR Classic because it can cover the class of applications, memory footprint, performance, and features not well suited for AUTOSAR Classic.
µ-velOSity is perfect for use in:
- Smart e-fuses
- Zonal and Domain Controllers
- Battery Management Systems (BMS)
- Communication Modules
- Radar
- Safety Islands / Safety Checker
- Traction, Braking, Steering Systems
- And many more
"The automotive industry is adopting increasingly capable microcontrollers that deliver the safety and performance capabilities it requires, and Arm technology is well-placed to meet this demand," said Tom Conway, senior director product management, Automotive and IoT Line of Business, Arm. "The Green Hills µ-velOSity real-time operating system is a great addition to the ecosystem, making it easier and more cost-effective for developers to deliver robust and competitive systems based on Arm."
"Green Hills is pleased to be seeing substantial adoption of its µ-velOSity RTOS in the next generation of vehicle architectures and automotive microcontrollers," said Dan Mender, VP of business development, Green Hills Software. "With its aggressive cost profile, safety and security certifications and extremely small memory footprint, global OEMs and Tier 1s are achieving on-time deployments with measurable cost savings when using µ-velOSity."
Availability
The Green Hills µ-velOSity RTOS and support for current processors is available today. An early-access version is being demonstrated in the Green Hills Software booth at Embedded World, Hall 4 Booth 325.
About Green Hills Software
Founded in 1982, Green Hills Software is the worldwide leader in embedded safety and security. In 2008, the Green Hills INTEGRITY®-178 RTOS was the first and only operating system to be certified by NIAP (National Information Assurance Partnership comprised of NSA & NIST) to EAL 6+, High Robustness, the highest level of security ever achieved for any software product. Our open architecture integrated development solutions address deeply embedded, absolute security and high-reliability applications for the military/avionics, medical, industrial, automotive, networking, consumer and other markets that demand industry-certified solutions. Green Hills Software is headquartered in Santa Barbara, CA, with European headquarters in the United Kingdom. Visit Green Hills Software at https://www.ghs.com.
Green Hills, the Green Hills logo, µ-velOSity and INTEGRITY are trademarks or registered trademarks of Green Hills Software in the U.S. and/or internationally. All other trademarks are the property of their respective owners.
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SOURCE Green Hills Software | https://www.mysuncoast.com/prnewswire/2022/06/21/green-hills-software-expands-automotive-zonal-domain-controller-rtos-offering-with-support-latest-high-performance-multicore-automotive-microcontrollers/ | 2022-06-21T07:08:51Z |
Conference Call Scheduled at 9am ET
AZOUR, Israel, July 18, 2022 /PRNewswire/ -- Ituran Location and Control Ltd. (NASDAQ: ITRN), announced that it will be releasing its second quarter 2022 results on Monday, August 29, 2022.
The Company will be hosting a conference call later that day at 9am Eastern Time. On the call, management will review and discuss the results, and will be available to answer investor questions.
To participate, please call one of the following teleconferencing numbers. Please begin placing your calls a few minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.
US Dial-in Number: 1 866 860 9642
ISRAEL Dial-in Number: 03 918 0609
INTERNATIONAL Dial-in Number: +972 3 918 0609
at:
9:00am Eastern Time, 6:00am Pacific Time, 4:00pm Israel Time
For those unable to listen to the live call, a replay of the call will be available from the day after the call in the investor relations section of Ituran's website.
About Ituran
Ituran is a leader in the emerging mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology.
Ituran's subscriber base has been growing significantly since the Company's inception to approximately 2 million subscribers using its location-based services with a market leading position in Israel and Latin America. Established in 1995, Ituran has approximately 3,000 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, India, Canada and the United States.
For more information, please visit Ituran's website, at: www.ituran.com
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SOURCE Ituran Location and Control Ltd. | https://www.kxii.com/prnewswire/2022/07/18/ituran-location-control-ltd-schedules-second-quarter-2022-results-release-conference-call-monday-august-29-2022/ | 2022-07-18T11:48:14Z |
‘Succession’ star glues hand to Starbucks counter in protest
NEW YORK (AP) — Actor and activist James Cromwell has gone from “Succession’s” Uncle Ewan to real-life supergluin’ — pasting his hand to a midtown Manhattan Starbucks counter on Tuesday to protest the coffee chain’s extra charge for plant-based milk.
The 82-year-old Oscar nominee, known for “Babe: Pig in the City” and “L.A. Confidential,” channeled his role as the crotchety, anti-capitalist brother of a billionaire media mogul for the protest organized by the animal rights group People for the Ethical Treatment of Animals.
Cromwell sat on the Starbucks counter wearing a “Free the Animals” T-shirt and read a statement denouncing the surcharge for vegan milk alternatives.
“When will you stop raking in huge profits while customers, animals and the environment suffer?” he demanded as fellow activists streamed the protest on Facebook.
Cromwell glued his hand to the counter, then later used a knife to scrape it off. Police said there were no arrests.
Starbucks outlets in the United States charge 50 cents to a dollar more for drinks made with plant-based milks.
“Customers can customize any beverage on the menu with a non-dairy milk, including soymilk, coconutmilk, almondmilk, and oatmilk for an additional cost (similar to other beverage customizations such as an additional espresso shot or syrup),” a Starbucks spokesperson said in a statement. “Pricing varies market by market.”
The spokesperson said Starbucks respects customers’ right to voice their opinions “so long as it does not disrupt our store operations.”
Cromwell, nominated for an Academy Award for his role as the farmer in “Babe,” is a veteran protester who was charged with trespassing in 2017 for interrupting an orca show at SeaWorld in San Diego.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/10/succession-star-glues-hand-starbucks-counter-protest/ | 2022-05-10T20:50:11Z |
BUENOS AIRES, Argentina, May 17, 2022 /PRNewswire/ -- IRSA Inversiones y Representaciones Sociedad Anónima, a corporation (sociedad anónima) incorporated under the laws of the Republic of Argentina ("IRSA"), today announced it has commenced, subject to the terms and conditions set forth in the exchange offer memorandum dated May 16, 2022 (the "Exchange Offer Memorandum" and, together with the Eligibility Letter, as defined below, the "Exchange Offer Documents") an offer (the "Exchange Offer") to Eligible Holders (as defined below) to exchange any and all of its US$360,000,000 aggregate principal amount of outstanding 8.750% Notes due 2023 Series No. 2 originally issued by IRSA Propiedades Comerciales S.A. ("IRSA CP") (the "Existing Notes") for 8.750% Senior Notes due 2028 (the "New Notes") to be issued by IRSA and the cash consideration described below.
The following table sets forth certain material terms of the Exchange Offer:
The Exchange Offer will expire at 5:00 p.m. (New York City time) on June 16, 2022 (such date and time, as the same may be extended in the sole discretion of IRSA, the "Expiration Date"). Existing Notes tendered for exchange may be validly withdrawn at any time at or prior to 5:00 p.m. (New York City time) on June 2, 2022 (such date and time, as the same may be extended in the sole discretion of IRSA, the "Withdrawal Date"), but not thereafter. To be eligible to receive the Early A Consideration or the Early B Consideration, as applicable, Eligible Holders must validly tender and not validly withdraw their Existing Notes at or prior to 5:00 p.m. (New York City time) on June 2, 2022 (such date and time, as the same may be extended in the sole discretion of IRSA, the "Early Participation Date"). The deadlines set by any intermediary or relevant clearing system may be earlier than these deadlines.
Exchange Consideration
Eligible Holders of Existing Notes may choose between two, mutually exclusive, consideration options, detailed in the table above, in the columns under the headings "Option A" and "Option B."
Tenders of Existing Notes under Option A
Upon the terms and subject to the conditions set forth in the Exchange Offer Documents, Eligible Holders who validly tender Existing Notes under Option A, and whose Existing Notes are accepted for exchange by IRSA, will receive: (i) New Notes in a principal amount equal to 1.015 times the difference between US$1,000 and the Pro-Rata A Cash Consideration received by each such Eligible Holder for each US$1,000 principal amount of Existing Notes validly tendered on or before the Early Participation Date and accepted for exchange (the "Early A Consideration"), or (ii) New Notes in a principal amount equal to the difference between US$1,000 and the Pro-Rata A Cash Consideration received by each such Eligible Holder for each US$1,000 principal amount of Existing Notes validly tendered after the Early Participation Date but at or prior to the Expiration Date and accepted for exchange (the "Late A Consideration" and, together with the Early A Consideration, the "A Consideration"). See "The Exchange Offer" in the Exchange Offer Memorandum.
The A Cash Consideration is an aggregate amount equivalent to the lesser of (x) 30% of the aggregate principal amount of Existing Notes that are validly tendered and accepted for exchange in the Exchange Offer (the "Total Cash Consideration"), and (y) the principal amount of the Existing Notes accepted for exchange under Option A (the "A Cash Consideration"). The Pro-Rata A Cash Consideration that will be payable to Eligible Holders whose Existing Notes are accepted for exchange under Option A will be equivalent to the A Cash Consideration divided by the principal amount of Existing Notes accepted under Option A times 1,000. We have filed and obtained approval from the Central Bank to make the payment of the Total Cash Consideration.
Tenders of Existing Notes under Option B
Upon the terms and subject to the conditions set forth in the Exchange Offer Documents, Eligible Holders who validly tender Existing Notes under Option B, and whose Existing Notes are accepted for exchange by IRSA, will receive: (i) US$1,030 principal amount of New Notes for each US$1,000 principal amount of Existing Notes validly tendered on or before the Early Participation Date and accepted for exchange (the "Early B Consideration"), or (ii) or US$1,000 principal amount of New Notes for each US$1,000 principal amount of Existing Notes validly tendered after the Early Participation Date but on or before the Expiration Date and accepted for exchange (the "Late B Consideration" and, together with the Early B Consideration, the "B Consideration");
The Condition
Upon the terms and subject to the Minimum Exchange Condition (as defined in the Exchange Offer Memorandum) and the other conditions of the Exchange Offer described in the Exchange Offer Memorandum, which are for the sole benefit of IRSA and may be waived by IRSA, in full or in part, in its absolute discretion, IRSA will accept for exchange as soon as reasonably practicable after the Expiration Date, all Existing Notes validly tendered at or prior to the Expiration Date and not validly withdrawn as of the Withdrawal Date in the Exchange Offer.
IRSA expects, on June 22, 2022, which is the fourth business day after the Expiration Date (as may be extended by IRSA in its sole discretion, the "Settlement Date"), to issue and deliver the applicable principal amount of New Notes and deliver the applicable Exchange Consideration in exchange for any Existing Notes validly tendered and not validly withdrawn and accepted for exchange, in the amount and manner described in the Exchange Offer Memorandum. IRSA will not be obligated to issue or deliver New Notes or pay any cash amount with respect to the Exchange Offer unless the Exchange Offer is consummated. Eligible Holders of the Existing Notes who are Argentine Entity Offerees (as defined in the Exchange Offer Memorandum) or Non-Cooperating Jurisdiction Offerees (as defined in the Exchange Offer Memorandum) may be subject to certain tax withholdings resulting from the exchange of their Existing Notes. See "Taxation—Certain Argentine Tax Considerations" in the Exchange Offer Memorandum.
Holders of Existing Notes validly tendered for exchange and not validly withdrawn and accepted by IRSA pursuant to the Exchange Offer will be entitled to receive accrued and unpaid interest paid in cash with respect to the Existing Notes accepted for exchange which consists of a cash payment equal to all accrued and unpaid interest (rounded to the nearest cent US$0.01) on their Existing Notes accepted for exchange from the interest payment date on March 23, 2022 to, but not including, the Settlement Date, which interest shall be payable in cash on the Settlement Date (subject to any tax withholdings applicable to Argentine Entity Offerees or Non-Cooperating Jurisdiction Offerees). Under no circumstances will any additional interest be payable because of any delay in the transmission of funds to Eligible Holders by DTC, Euroclear, Clearstream or any other clearing system.
The New Notes are being offered for exchange only (1) to holders of Existing Notes that are "qualified institutional buyers" as defined in Rule 144A under U.S. Securities Act, as amended (the "Securities Act"), in a private transaction in reliance upon the exemption from the registration requirements of the Securities Act provided by Section 4(a)(2) thereof and (2) outside the United States, to holders of Existing Notes other than "U.S. persons" (as defined in Rule 902 under the Securities Act, "U.S. Persons") and who are not acquiring New Notes for the account or benefit of a U.S. Person, in offshore transactions in compliance with Regulation S under the Securities Act. Only holders who have submitted a duly completed and returned electronic Eligibility Letter certifying that they are within one of the categories described in the immediately preceding sentence are authorized to receive and review the Exchange Offer Memorandum and to participate in the Exchange Offer (such holders, "Eligible Holders").
The Exchange Offer is subject to certain conditions as described in the Exchange Offer Memorandum (including, without limitation, the Minimum Exchange Condition) which are for the sole benefit of IRSA and may be waived by IRSA, in full or in part, in its absolute discretion. Although IRSA has no present intention to do so, it expressly reserves the right to amend or terminate, at any time, the Exchange Offer and to not accept for exchange any Existing Notes not theretofore accepted for exchange. IRSA will give notice of any amendments or termination if required by applicable law.
If you do not exchange your Existing Notes or if you tender Existing Notes that are not accepted for exchange, they will remain outstanding. If IRSA consummates the Exchange Offer, the trading market for your outstanding Existing Notes may be significantly more limited. For a discussion of this and other risks, see "Risk Factors" in the Exchange Offer Memorandum.
This press release is qualified in its entirety by the Exchange Offer Documents.
None of IRSA, its board of directors, the Dealer Managers (as defined herein), the Information and Exchange Agent (as defined herein) or the New Notes Trustee (as defined in the Exchange Offer Memorandum) with respect to the Existing Notes or any of their respective affiliates is making any recommendation as to whether Eligible Holders should exchange their Existing Notes in the Exchange Offer. Holders must make their own decision as to whether to participate in the Exchange Offer, and, if so, the principal amount of Existing Notes to exchange.
Neither the delivery of this announcement, the Exchange Offer Documents nor any purchase pursuant to the Exchange Offer shall under any circumstances create any implication that the information contained in this announcement or the Exchange Offer Documents is correct as of any time subsequent to the date hereof or thereof or that there has been no change in the information set forth herein or therein or in IRSA's affairs since the date hereof or thereof.
This press release is for informational purposes only and does not constitute an offer or an invitation to participate in the Exchange Offer. The Exchange Offer is being made pursuant to the Exchange Offer Documents (and, to the extent applicable, the local offering documents in Argentina), copies of which will be delivered to holders of the Existing Notes, and which set forth the complete terms and conditions of the Exchange Offer. Eligible Holders are urged to read the Exchange Offer Documents carefully before making any decision with respect to their Existing Notes. The Exchange Offer is not being made to, nor will IRSA accept exchanges of Existing Notes from holders in any jurisdiction in which it is unlawful to make such an offer.
Morrow Sodali International LLC is acting as the exchange agent and as the information agent (the "Information and Exchange Agent") for the Exchange Offer. BCP Securities, Inc., Citigroup Global Markets Inc., Itau BBA USA Securities, Inc. and Santander Investment Securities Inc. are acting as Dealer Managers (the "Dealer Managers") for the Exchange Offer.
For further information about the Exchange Offer, please log into the website https://bonds.morrowsodali.com/IRSAEligibility. Alternatively, please contact the Information and Exchange Agent by email at IRSA@investor.morrowsodali.com. Requests for documentation should be directed to the Information and Exchange Agent.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to IRSA's expectations regarding the performance of its business, financial results, liquidity and capital resources, contingencies and other non-historical statements. You can identify these forward-looking statements by the use of words such as "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks, uncertainties and assumptions. These statements should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in the Exchange Offer Documents. IRSA undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.
Media Contact:
Michael Truscelli
irsa@investor.morrowsodali.com
+1 203 609 4910 IRSA Inversiones y Representaciones Sociedad Anónima
Carlos M. Della Paolera 261, 9th Floor (C1001ADA)
City of Buenos Aires
Argentina
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SOURCE IRSA Inversiones y Representaciones Sociedad Anónima | https://www.kxii.com/prnewswire/2022/05/17/irsa-announces-commencement-exchange-offer-any-all-its-8750-notes-due-2023-originally-issued-by-irsa-cp/ | 2022-05-17T07:11:32Z |
ARLINGTON, Va. and STUTTGART, Germany, June 21, 2022 /PRNewswire/ -- Today, Venture Global LNG and EnBW announced the execution of two long-term Sales and Purchase Agreements (SPAs) for 1.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global's Plaquemines and CP2 facilities, starting 2026. According to the agreement, EnBW will purchase 0.75 MTPA from Plaquemines LNG and 0.75 MTPA from CP2 LNG for 20 years. EnBW becomes the next European customer of Venture Global, who already announced agreements with PGNiG, BP, Shell, Repsol, Edison and GALP.
"Venture Global is thrilled to welcome EnBW as a long-term customer for both our Plaquemines and CP2 LNG facilities," said Mike Sabel, CEO of Venture Global LNG. "This is the first direct binding offtake agreement for long-term US LNG signed by a German company, an important step that manifests Germany's strategy to diversify its energy mix. Our company is honored to become a major provider of LNG to Germany, providing security of supply on a competitive, long-term basis."
"EnBW looks forward to a long-term LNG partnership with Venture Global", says Georg Stamatelopoulos, Chief Operating Officer Generation & Trading at EnBW. "We have expanded our LNG activities step by step in the recent years. Liquefied natural gas plays a key role in the diversification of our fuels for electricity and heat generation: It opens up the possibility of new sources to secure Germany's gas supply in the current energy transition phase and builds a bridge to a green energy supply."
About Venture Global LNG
Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global's first facility, Calcasieu Pass, commenced producing LNG in January 2022. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities
About EnBW
With over 24,000 employees, EnBW is one of the largest energy companies in Germany and Europe. It supplies around 5.5 million customers with electricity, gas, water as well as services and products in the areas of infrastructure and energy. The expansion of renewable energies is a cornerstone of the growth strategy and a focus of investment. EnBW will invest around 4 billion euros in the further expansion of wind and solar energy by 2025. By the end of 2025, more than half of the generation portfolio is to consist of renewable energies. This is already having a noticeable effect on reducing CO2 emissions, which EnBW aims to halve by 2030. EnBW is aiming for climate neutrality by 2035.
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SOURCE Venture Global LNG | https://www.wibw.com/prnewswire/2022/06/21/venture-global-enbw-announce-lng-sales-purchase-agreements/ | 2022-06-21T10:40:56Z |
Veteran Washington Post editor takes the editorial reins of a publisher and media company with expanding global initiatives
CHICAGO, June 22, 2022 /PRNewswire/ -- The Britannica Group, which publishes the Encyclopaedia Britannica and many other information and instructional products under the Britannica and Merriam-Webster brands, today announced the appointment of veteran Washington Post editor Tracy Grant to the position of editor-in-chief.
As the company's top editor, Grant will supervise Britannica's editorial and media staff and oversee the expansion and maintenance of multiple information and media databases for lifelong and K-16 learners worldwide. She'll work closely with Britannica's technology, instructional, product development, and marketing teams on the creation of new products and services.
Grant joins a long line of eminent Britannica editors stretching back to 1768, when William Smellie, a 28-year-old scholar in Edinburgh, Scotland, compiled Britannica's first edition. However, the position Grant will occupy is even more important than that of her predecessors. With the world awash in misinformation, disinformation and information lacking context, the need for Britannica's rigorous editorial process has never been more essential to creating a society of engaged and well-informed citizens. Part of Grant's mandate will be to expand Britannica's editorial capabilities to increase the quantity and quality of Britannica's content portfolio and to improve the growing number of information services provided to K-16 learners worldwide.
"Tracy really is an editor for the 21st century," said Britannica CEO Jorge Cauz. "She was there on the ground floor of digital publishing and understands the challenges and opportunities of today's fast-moving information environment. From her long tenure at The Post, an organization that shares Britannica's values of truthfulness and accuracy, I know she is well prepared to uphold those values at a time when they are under attack."
Grant has been The Washington Post's managing editor for staff development and standards since 2018, the second woman in the newspaper's history to achieve that rank. She joined The Post in 1993 and served in several editorial positions before becoming the newsroom's first Web editor in 1999. She was a features editor and parenting columnist before being named to the role of senior editor in 2013. She became deputy managing editor in 2014. During her tenure, Grant nearly doubled the journalist staff and expanded its diversity and equity initiatives. She is a graduate of Northwestern University's Medill School of Journalism.
"I couldn't be more excited to be joining Encyclopaedia Britannica," Grant said. I've spent my career at a news organization that is committed to telling the truth. But I know that to truly understand the truth, people need all that Britannica has to offer: Not just the facts but also the context and history that elevate information to knowledge. The mission is to use all of Britannica's tools to educate and uphold the values of accuracy and integrity for a new generation. It will be challenging; it will be exciting; it will be fun. I can't wait to get started."
The Britannica Group is a global knowledge leader. A pioneer in digital learning since the early 1980s, it serves the instructional and information needs of students, educators, lifelong learners and professionals by providing curriculum products, language-study courses and digital encyclopedias.
Britannica's digital properties attract more than 6 billion annual pageviews and 130 million casual learners every month, and it serves 150 million students in 156 countries and in 16 languages. The company is headquartered in Chicago.
For more information, visit corporate.britannica.com and follow Britannica on Facebook, Twitter, and Instagram.
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SOURCE The Britannica Group | https://www.mysuncoast.com/prnewswire/2022/06/22/britannica-names-tracy-grant-editor-in-chief/ | 2022-06-22T15:25:49Z |
Pet Food Express Partners with 120+ Shelters and Rescues to Find Homes for 5,000 Rescue Animals During September
OAKLAND, Calif., Sept. 1, 2022 /PRNewswire/ -- Today, Pet Food Express, a leading retailer and trusted partner in pet health, kicks off its 12th annual Pet Fair to find forever homes for 5,000 California rescue animals. From September 1-30, Pet Food Express will partner with over 120 rescues and shelters throughout the state to offer virtual and in-person pet adoptions, and host special pet-centric events in all 64 stores, including vendor meet and greets and fresh food sampling from top brands like Stella and Chewy's, Primal, and Nutrisource. In addition, September 24 and 25 mark the big Pet Fair weekend with Pet Adoption Extravaganza events in all stores and live virtual events such as educational seminars led by experts on topics like pet anxiety, dog training, and CBD.
"We're really excited to host the Pet Food Express Pet Fair virtually and in-person again this year!" said Mike Murray, director of community relations for Pet Food Express. "A big benefit that we saw last year was in the reach we can achieve through an online platform. It not only supports a wider range of incredible rescues and shelters to find loving homes for more animals in need, but also gives pet parents anywhere in the US, even globally, the opportunity to educate themselves with new knowledge from experts. During the 2021 Pet Food Express Pet Fair, new homes were found for 5,662 animals which resulted in Pet Food Express distributing $141,550 in donations to participating rescues and shelters!"
Throughout September, potential adopters can use Pet Food Express' Find a Friend search option to filter for location, breed, or even age as they scroll through and learn about adoptable animals from over 120 California-based shelters and rescues. Those who adopt receive a special 20% off coupon for Pet Food Express as a part of the 20/20 program. Once the coupon is redeemed, the adopting organization receives a $20 donation from Pet Food Express. In 2021, the 20/20 program donated over $400,000 to rescues and shelters.
- Search for, virtually meet, and adopt rescued animals from 120+ California rescues.
- Connect with product vendors, non-profits, and more at https://petfair.petfood.express/
- All seminars are live and will be held on the Pet Fair platform at https://petfair.petfood.express/events
- Saturday, 9/24 from 10am-4pm:
- Sunday, 9/25 from 10am-4pm:
- All 64 Pet Food Express stores will host food sampling with top brands all month long.
- Locate a store for sampling event times and details at https://www.petfood.express/stores/
- Pet Adoption Extravaganza events will be held in all 64 stores over this special weekend.
- Adoption event details can be found at https://petfair.petfood.express/events/event-schedule
From September 1-30, all Pet Food Express shoppers will receive 25% off select products in-store and online at www.petfood.express with promo code PETFAIR-22.
Pet Food Express is proud to support California's animal rescue network through its Community Outreach programs such as its Kitten Season and Fill the Food Bank efforts. Learn more at https://www.petfood.express/community-outreach/.
Pet Food Express is California's trusted pet expert dedicated to helping pets live longer, healthier lives. With a reimagined experience delivered by animal-loving team members, Pet Food Express sells a variety of high quality products that they trust to give their own pets, puts pets above profits, and leads the way as a committed partner to 275+ non-profit animal rescue and shelter organizations annually. Shop and learn more at PetFood.Express. Get social on Facebook, Instagram and on Twitter.
CONTACT: Sarah Andrus | Pet Food Express | Sarah@bloomwellconsulting.com | 415.624.5617
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SOURCE Pet Food Express | https://www.mysuncoast.com/prnewswire/2022/09/01/pet-food-express-hosts-month-long-virtual-pet-fair-plus-special-pet-adoption-extravaganza-events-all-stores-september-24-amp-25/ | 2022-09-01T19:10:24Z |
With the cost of everything from gas to groceries souring, LendingTree found that many Americans are crying over the state of their finances
CHARLOTTE, N.C., Aug. 18, 2022 /PRNewswire/ -- LendingTree®, the nation's leading online financial services marketplace, released its survey finding that 40% of Americans cried about money in the last year, and of those who cried, 39% cried due to inflation and 94% cried more than once. Additionally, the survey found that being unable to afford things their family wants or needs (46%) and debt (34%) round out the top three reasons Americans cried about money during the past year.
Key findings
- 40% of Americans say they've cried about money in the past year. Consumers most likely to shed tears over their finances include those unemployed and looking for work (59%), parents with children younger than 18 (53%), millennials (53%), and women (52%).
- Of those who cried about money, 39% of Americans cried due to inflation. Not being able to afford things their family wants or needs (46%) and debt (34%) round out the top three reasons consumers cried about money in the past year.
- 94% of those who cried about money did so more than once. Women cried more than men (39% cried five or more times, compared with 20% of men), while 45% of those making less than $35,000 cried five or more times.
- As hard as the past year has been for many Americans, some expect the tears to keep coming. A third of consumers (33%) say they will probably cry about money in the next six months.
LendingTree's Chief Credit Analyst, Matt Schulz, had this to add:
"I'm not surprised so many people have cried over money recently. For many Americans, the extra financial cushion they built in the early days of the pandemic has been whittled away to nothing by rampant inflation and other financial headwinds that are largely out of their control. That leaves people feeling helpless and scared, especially when they think there's no end in sight. When that happens, the tears tend to flow, and that's what many Americans are experiencing today."
To view the full report, visit
https://www.lendingtree.com/personal/crying-about-money-survey/
Methodology
LendingTree commissioned Qualtrics to conduct an online survey of 1,598 U.S. consumers ages 18 to 76 from July 8 to 15, 2022. The survey was administered using a nonprobability-based sample, and quotas were used to ensure the sample base represented the overall population. All responses were reviewed by researchers for quality control.
We defined generations as the following ages in 2022:
- Generation Z: 18 to 25
- Millennial: 26 to 41
- Generation X: 42 to 56
- Baby boomer: 57 to 76
LendingTree is the nation's leading online marketplace that connects consumers with the choices they need to be confident in their financial decisions. LendingTree empowers consumers to make smarter financial decisions through choice, education and support. Consumers can compare multiple offers from a nationwide network of over 500 partners in one simple search, and can choose the option that best fits their financial needs. Services include mortgage loans, mortgage refinances, auto loans, personal loans, business loans, student loans, insurance, credit cards and more. Through the logged-in experience, consumers receive free credit scores, credit monitoring, recommendations to improve credit health, and notifications when the proprietary algorithm identifies a savings opportunity. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information, go to www.lendingtree.com, dial 800-555-TREE, like our Facebook page and/or follow us on Twitter @LendingTree.
MEDIA CONTACT:
Nelson Garcia
nelson@lendingtreenews.com
704-943-8208
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SOURCE LendingTree.com | https://www.mysuncoast.com/prnewswire/2022/08/18/40-americans-cried-about-money-within-last-year-inflation-among-top-reasons/ | 2022-08-18T17:06:28Z |
EL PASO, Texas (Border Report) – The Chihuahua Attorney General’s Office said it will appeal a judge’s decision to downgrade charges – from homicide to manslaughter – against a trucker who allegedly crashed into roadside food stands last week, killing 10 people in Villa Ahumada, Mexico.
The trucker, identified by authorities only as Saul A.D., allegedly was under the influence of drugs and speeding when his semi veered off the road, struck a vehicle and overturned on top of the food stands and the patio of a restaurant on Sept. 7. Five food vendors in the bus-stop town known for its burritos and asadero quesadillas died from injuries, as did a self-employed vendor, a window washer and three bystanders.
The crash shocked residents and travelers who usually stop at the town 90 miles south of Juarez, Mexico. It also prompted calls from the food vendors’ cooperative to authorities to rein in speeding truckers and install speed bumps on the portion of Mexico Highway 45 that runs through the town.
Chihuahua state authorities said they will strictly enforce speed limits in the town and require truck drivers passing through Mexico’s largest state to rest every five hours or periodically switch places with a “co-pilot.”
The judge ruled that Saul A.D. will stand trial on the 10 manslaughter charges plus causing injuries and damages to private property. The judge determined the driver will remain in jail for the next 30 months or until the trial is concluded, the Attorney General’s Office said in a statement.
The judge decides guilt or innocence in most trials in Mexico. | https://cw33.com/news/trucker-to-stand-trial-for-allegedly-killing-10-while-on-drugs/ | 2022-09-15T21:23:28Z |
Kansas Special Olympics hosts track and field event at Shawnee Heights
TOPEKA, Kan. (WIBW) - Special Olympics athletes embraced the wind today for a track and field meet at Shawnee Heights High School. The north central regional track and field competition featured long jumping, the 100 meter dash, and more. Each contender placed in their heat and was given a medal.
13 news photojournalist, Eric Ives, was emcee of the games. The event organizer says it was nice to see the full support of the community today.
“Special Olympics is not just sports, it’s a lot of comradery for the social environment this brings for them,” said Krystin Guggisberg. “They look forward to this year round. it draws in so many athletes from this part of the state so ones that you didn’t get to see at a basketball tournament tor volleyball tournament. They are always looking forward to seeing their friends and feeling the support of the community . Topeka does a great job at supporting this event. Shawnee Heights does a great job in supporting this event so I know they feel the love from the community.”
You can find out more about special Olympics Kansas’ upcoming competitions here on their website.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/23/kansas-special-olympics-hosts-track-field-event-shawnee-heights/ | 2022-04-23T23:12:23Z |
- Achieved Health Canada Special Access Program approval to provide psilocybin-assisted therapy for depression in Ontario
- Completed more than 6,000 treatments to date; expanded clinic footprint increasing capacity and greater access to network of mental health specialists
- Reported positive preliminary results from the first Health Canada Approved, Phase II, randomized clinical trial of multi-dose psilocybin-assisted therapy for Treatment-Resistant-Depression
TORONTO, July 29, 2022 /PRNewswire/ - Braxia Scientific Corp. ("Braxia Scientific", or the "Company"), (CSE: BRAX) (OTC: BRAXF) (FWB: 4960), a medical research company with clinics providing innovative ketamine and psilocybin treatments for depression and related disorders, today announced the filing of its audited financial statements and management discussion and analysis for the year ended March 31, 2022. Complete financial statements along with related management discussion and analysis can be found in the System for Electronic Document Analysis and Retrieval (SEDAR), the electronic filing system for the disclosure documents of issuers across Canada, at www.SEDAR.com.
"We have established Braxia as a trusted and advanced clinic group and research platform enabling us to deliver on our vision to provide significantly greater access to innovative ketamine treatments for depression. We have also expanded our clinic footprint and launched several research initiatives to provide access to novel treatments such as psilocybin," said Dr. Roger McIntyre, CEO, Braxia Scientific.
"Our team's research capabilities enabled us to be the first in Canada to receive approval and dose patients in a multi-dose psilocybin trial. Braxia was also the first in Ontario to receive Health Canada Special Access approval for patients to receive psilocybin for depression. Our therapists are trained, ready to meet the increasing demand for psychedelic- and psilocybin-assisted therapies in our growing patient population. We will continue to expand Braxia's clinical footprint and technology infrastructure as we look to significantly scale our program offerings across North America."
Braxia Health, the Company's group of clinics, continued to focus on providing access to innovative treatments for depression while delivering world-class patient-centric experience built around global best practices. Braxia Health opened its fifth, and newest, clinic in a growing suburb near the Greater Toronto Area in Kitchener-Waterloo, Ontario. The new clinic accepted its first patients in July 2022. As the new clinic volumes increase, Braxia Health also expects to further expand its scale and capacity in Toronto and Ottawa, providing greater access to Braxia's network of physicians, specialists and researchers delivering innovative, rapid acting treatments like intravenous (IV) and oral ketamine, and psilocybin for treatment resistant depression (TRD) and other mental health disorders.
To date, the Company has steadily grown its ketamine program referral network across 5 cities and administered more than 6,000 intravenous ketamine infusions. The high quality and timely access to innovative treatment is the differentiating factor allowing Braxia to expand its footprint rapidly and diversify its offering into experimental therapeutic clinical research programs with pharmaceutical partners.
Braxia's clinical and research capabilities, combined with a leading research team, have enabled the Company to establish and carryout research studies focused on advancing novel treatments for depression and other mental health disorders.
In addition to Ketamine, Braxia has focused on researching, and providing access to, psilocybin for depression. Braxia Health, a wholly owned subsidiary of the Company, commenced the first Health Canada approved multi-dose psilocybin-assisted therapy clinical trial in July 2021, and dosed its first participant in November 2021.
In connection with this clinical trial, the Company reported positive preliminary results from its ongoing multi-dose psilocybin trial that effectively demonstrated the feasibility of Braxia's proprietary psilocybin-assisted therapy protocol with high rates of recruitment and retention with adequate tolerability and safety. Clinically, the Company reported meaningful improvements in depression severity observed (as measured by the Montgomery-Åsberg depression rating scale) with complete analysis of antidepressant efficacy and secondary outcomes pending. This trial will be completed by December 2022 at which point the full analysis will be completed and submitted for publication.
Braxia Health recently received approval from Health Canada to the Special Access Program ("SAP") to provide psilocybin-assisted psychotherapy for a patient with Major Depressive Disorder in Ontario. The SAP was amended January 5th, 2022 to include access to psychedelic compounds on a case-by-case basis outside of clinical trials. Braxia Health has since received SAP approvals for additional patients.
The Company also successfully recruited and trained medical and research staff as part of Braxia Institute to provide psilocybin-assisted therapy with high quality safety monitoring. This program included twenty (20) therapists licensed to practice in Ontario with specialized training in psilocybin-assisted therapy. All therapists were trained by the Braxia Institute and served as study therapists for the active psilocybin clinical trial.
The Company's cash and cash equivalents as of March 31, 2022 was $8.6 million compared with December 31, 2021 at $7.64 million reflecting the impact of a private placement the Company closed on January 31, 2022.
In the fourth quarter of fiscal 2022, the Company recorded revenue of $369,654 compared with revenue of $246,673 in the fourth quarter of 2021. On a year-over-year basis, fourth quarter revenues increased 49.9%.
The increase in revenue primarily reflects an increase in the number of treatments from the administering of ketamine at the Braxia Health clinics in Ontario.
Net loss was $12.1 million for the year ended March 31, 2022, compared to a net loss of $88.8 million for the year ended March 31, 2021. The net loss includes a non-cash, share-based compensation of $2,422,562 (2021 - $2,874,857) and goodwill impairment of $5,275,374 (2021- $nil) related to the acquisition of the CRTCE. In the comparative period, the Company had completed a reverse-take over, the acquisition of CRTCE and completed a brokered private placement which led to an overall increase in expenditures as the business evolved. The Company's management team has focused on cost cutting and reducing certain operating expenditures to focus on the Company's core business.
The Company has strengthened its senior leadership team with two new, strategic hires that bolster Braxia's ability to drive growth and innovation. Both roles will be integral to executing the expansion of the Company's clinical footprint, the rollout and expansion of novel ketamine and psilocybin therapy offerings, new special access programs, current and upcoming clinical trials, and the commercialization of future products in development.
Jason Wolkove, joins Braxia as Chief Information Officer, and Daniel Herrera, joins as Vice President, Research & Development and Growth. Jason is a seasoned technology executive bringing more than 20 years of experience growing complex technical product, sales and service teams and building SaaS software systems. Jason also brings deep expertise in both revenue cycle, data management and mining, and a proven ability to manage product development. He has led teams from concept to delivery through the application, design, and delivery phases in addition to leading technology focused M&A during his tenure with two large financial institutions - Scotiabank and CIBC.
Daniel Herrera joins as Vice President, Research & Development and Growth bringing extensive experience in the life sciences industry including more than 15 years of senior-level experience in the pharmaceutical industry serving in various commercial and strategic roles at Eli Lilly. Daniel has also led various teams and divisions at high-growth start-ups and private multi-national companies in the pharmaceutical and cannabis industries. In these roles he has acquired regulatory and commercial knowledge and expertise in various therapeutic areas, including cardiovascular, pulmonary, metabolic and mental health.
Daniel will drive Braxia's R&D portfolio strategy and business development to further strengthen the Company's pipeline by leveraging internal and external opportunities.
Braxia Scientific is a medical research company with clinics that provide innovative ketamine treatments for persons with depression and related disorders. Through its medical solutions, Braxia aims to reduce the illness burden of brain-based disorders, such as major depressive disorder among others. Braxia is primarily focused on (i) owning and operating multidisciplinary clinics, providing treatment for mental health disorders, and (ii) research activities related to discovering and commercializing novel drugs and delivery methods. Braxia seeks to develop ketamine and derivatives and other psychedelic products from its IP development platform. Through its wholly owned subsidiary, the Canadian Rapid Treatment Center of Excellence Inc., Braxia currently operates multidisciplinary community-based clinics offering rapid-acting treatments for depression located in Mississauga, Toronto, Ottawa, and Montreal.
"Dr. Roger S. McIntyre"
Dr. Roger S. McIntyre
Chairman & CEO
The CSE has not reviewed and does not accept responsibility for the accuracy or adequacy of this release.
This news release contains forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations, or beliefs of future performance are "forward-looking statements."
Forward-looking statements include statements about the intended promise of ketamine-based treatments for depression and the potential for ketamine to treat other emerging psychiatric disorders, such as Bipolar Depression. Such forward- looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events, or developments to be materially different from any future results, events or developments expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, the failure of ketamine, psilocybin and other psychedelics to provide the expected health benefits and unanticipated side effects, dependence on obtaining and maintaining regulatory approvals, including acquiring and renewing federal, provincial, municipal, local or other licenses and engaging in activities that could be later determined to be illegal under domestic or international laws. Ketamine and psilocybin are currently Schedule I and Schedule III controlled substances, respectively, under the Controlled Drugs and Substances Act, S.C. 1996, c. 19 (the "CDSA") and it is a criminal offence to possess such substances under the CDSA without a prescription or a legal exemption. Health Canada has not approved psilocybin as a drug for any indication, however ketamine is a legally permissible medication for the treatment of certain psychological conditions. It is illegal to possess such substances in Canada without a prescription. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements.
Although the Company has attempted to identify important risk factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other risk factors that cause actions, events or results to differ from those anticipated, estimated or intended. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, including the Amended and Restated Listing Statement dated April 15, 2021, which are available at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in forward-looking statements.
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SOURCE Braxia Scientific Corp. | https://www.mysuncoast.com/prnewswire/2022/07/30/braxia-scientific-reports-fourth-quarter-fy-2022-financial-results/ | 2022-07-30T02:35:06Z |
Judge gives House Jan. 6 panel OK to get RNC data
Published: May. 2, 2022 at 8:12 AM CDT|Updated: 4 hours ago
(CNN) - The House select committee probing the Jan. 6 siege on the U.S. Capitol was given permission to get email marketing data from the Republican National Committee.
That decision came Sunday night by Judge Timothy Kelly of the D.C. District Court, and it’s a victory for investigators collecting details linked to the movement that allegedly tried to overturn the 2020 presidential election.
Kelly, who was appointed to the court by then-President Donald Trump, rejected the RNC’s claims that the House doesn’t have the proper authorization for that information.
The email data will be blocked for at least a few days so that the RNC can appeal.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/02/judge-gives-house-jan-6-panel-ok-get-rnc-data/ | 2022-05-02T17:58:10Z |
Police investigating fire at Colorado pregnancy center
LONGMONT, Colo. (AP) — A weekend fire at a Christian pregnancy center in north-central Colorado is being investigated as a possible arson, police in Longmont said.
The fire at Life Choices was reported at 3:17 a.m. Saturday, hours after the U.S. Supreme Court overturned Roe v. Wade and said abortion laws would be decided by the states.
The front door was broken and the front of the building had been spray painted with the words, “if abortions aren’t safe neither are you.” On the concrete porch were the words “bans off our bodies.”
The building sustained fire and heavy smoke damage.
Life Choices is a “Christ-centered ministry” that offers free services related to pregnancy and sexual health, information on reversing the effects of abortion pills and post-abortion support for guilt, shame, anxiety and depression, according to its website.
Life Choices executive director Kathy Roberts said the center is devastated and stunned “by this frightening act of vandalism.” The attack, she said, affects people who need support, such as pregnancy tests, parenting classes and financial assistance, the Times-Call reported.
Police are asking people who live in the area to check their home surveillance video and forward any relevant video to police.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/26/police-investigating-fire-colorado-pregnancy-center/ | 2022-06-27T00:45:53Z |
'Saucesicles' celebrate the saucy side of iconic chicken brand
ATHENS, Ga., Sept. 15, 2022 /PRNewswire/ -- Zaxby's, the premium quick-service restaurant, beloved for its Chicken Fingerz™, wings and legendary Zax Sauce, has partnered with Alabama-based gourmet popsicle brand Frios to introduce sauce-flavored popsicles. Zaxby's 'Saucesicles' will be available for FREE on Sept. 19 online through saucesicles.com, first come first served, while supplies last. The frozen treat will feature two of the brand's boldest sauces: Zax Sauce® and Tongue Torch®.
"Saucesicles were created for our most loyal fans that can't get enough of our signature sauces. The collaboration with Frios is built on flavor, bringing together two iconic Southern brands," said Patrick Schwing, chief marketing and strategy officer at Zaxby's.
The Saucesicles come in two flavors: Zax Sauce and Tongue Torch. The Zax Sauce-flavored Saucesicle features all the sweet and tangy and creamy flavors created by the secret blend of spices, black pepper and Worcestershire Sauce. The Tongue Torch Saucesicle is a mild heat tomato pop with notes of garlic, paprika, turmeric and a hint of lime.
Zaxby's has renamed the month of September 'Saucetember' to highlight the brand's proprietary portfolio of 12 dipping and tossing sauces. Zaxby's is celebrating 'Saucetember' by treating its loyal fan base to this saucy goodness on a stick.
Saucesicles come in packs of eight and are limited to one order per person. States excluded from shipping include Alaska, California, Hawaii, Montana, Nevada, Oregon, Puerto Rico and Washington.
For fans who might miss out on the spicy-saucy treat, Zaxby's will also offer a Buy-One-Get-One-Half-Off (BOGOHO) Boneless Wings Meal Deal with wings tossed in one of Zaxby's eight sauces, when ordering through the app on September 27.
"Partnering with Zaxby's on this one-of-a-kind project has been a fantastic opportunity, bringing to life Zaxby's unique idea for a new offering of their sauces," Cliff Kennedy, CEO and founder of Frios added.
Founded in 1990, Zaxby's is committed to serving delicious chicken fingers, wings, sandwiches and salads with Southern hospitality and a modern twist. For the second year in a row, Zaxby's iconic Signature Sandwich has won Thrillist's 2022 Fasties Award for Best Fried Chicken Sandwich. Zaxby's has grown to more than 900 locations in 17 states and is headquartered in Athens, Georgia. For more information, visit zaxbys.com or zaxbysfranchising.com.
Media Contact:
Tombras
Jacob Teetzmann
+1.423.494.3673
jteetzmann@tombras.com
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SOURCE Zaxby's | https://www.kxii.com/prnewswire/2022/09/15/zaxbys-frios-drop-sauce-flavored-popsicles-saucetember/ | 2022-09-15T15:04:02Z |
SHANGRAO, China, July 28, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that Jinko Solar Co., Ltd. ("Jiangxi Jinko"), its majority-owned principal operating subsidiary, intends to issue convertible bonds (the "Convertible Bonds") in the principal amount of up to RMB10 billion (the "Convertible Bond Issuance"). The Convertible Bonds, which will be listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board, have a term of six years and are convertible into Jiangxi Jinko's ordinary shares. The net proceeds from the Convertible Bond Issuance will be used for (i) construction and development of certain solar cell and module production projects by Jiangxi Jinko, and (ii) working capital for Jiangxi Jinko.
The completion of the proposed Convertible Bond Issuance is subject to the review process by the Shanghai Stock Exchange and the registration process by the China Securities Regulatory Commission.
The Company currently owns approximately 58.62% equity interest in Jiangxi Jinko and has special preemptive rights to subscribe for a portion of the Convertible Bonds.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 40.0 GW for mono wafers, 40.0 GW for solar cells, and 50.0 GW for solar modules, as of March 31, 2022.
JinkoSolar has 12 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, UAE, and Denmark, and global sales teams in mainland China, the United States, Canada, Germany, Switzerland, Italy, Japan, Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong Kong, as of March 31, 2022.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the SEC, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE JinkoSolar Holding Co., Ltd. | https://www.wibw.com/prnewswire/2022/07/28/jinkosolar-s-subsidiary-jiangxi-jinko-announces-proposed-issuance-convertible-bonds-up-rmb10-billion/ | 2022-07-28T11:32:04Z |
Acacia University to enrich UniAthena's pool of accredited Degrees & Micro Credit Courses
OXFORD, England, April 30, 2022 /PRNewswire/ -- Acacia University, USA, enters into collaboration with UniAthena, a UK-based EdTech provider with a global reach of learners from diverse backgrounds and communities to offer several professional programs and short courses with a vocational or technical focus. Upholding the value of equality of educational opportunity, the UniAthena-Acacia partnership aims to serve the socially and economically underprivileged student community.
An inclusive university in a diverse world, Acacia aims at making education accessible to all by giving everyone, regardless of their background or circumstances, the chance to study at higher levels of education. It fosters a different type of learning environment featuring extensive collaboration in professional virtual learning communities.
Through its strategic partnership with UniAthena, Acacia University will offer:
- UniAthena's academic programs, comprising accredited Doctoral and Master Level Degrees and Diplomas
- Professional certification programs
- Free short courses in various disciplines on the UniAthena platform - A diverse pool of free-to-learn short courses principally designed to upskill learners in specific domains
These programs are designed to enhance the learner's knowledge and critical thinking abilities and develop expertise in that optimise. UniAthena continually aspires to be on the cutting edge of education to empower learners, upskilling them for the most in-demand jobs at the workplace. It has developed a delivery model which can accommodate the requirements of people from all walks of life. The programs are delivered through well-crafted Learning Resources and assessed through projects that conform to very high standards.
Athena Global Education and Acacia University share the same mission: providing high-quality education through innovative forms of online learning. Both the institutions enable learners to reach their personal and professional goals and also work for the greater good of society.
"We are thrilled to join hands with UniAthena and we are confident that this alliance will help us achieve our shared vision. Digital learning has gained momentum in recent years and has been at the forefront of our battle for seamless education during the pandemic years. We believe that Acacia & UniAthena together can open new horizons and opportunities for more learners and assist in their professional growth," says Mr. Tim R Moman, President, Acacia University.
"The values held dear by us at UniAthena– Affordability, Accessibility, Flexibility, resonate with those of Acacia, and a partnership between the two will pave the way for a brighter, successful career for the learners. It will equip the learners with skills in high demand at the workplace but in short supply. We both implement the best practices when it comes to design and delivery of programs and are totally committed to the welfare of the students," says Mr. Firoz Thairinil, Founder & CEO, Athena Global Education.
Today, UniAthena is a Global Education services platform dedicated to providing high-quality education to students from around the world, from the Middle East to North Africa to the United States. Its academic programs comprise Doctoral and Master Level Degrees and Diplomas from top-ranking universities and professional certifications from renowned bodies. It leverages technology to make the learner's experience an easy and enriching one.
For more information, please visit https://uniathena.com.
About Athena Global Education:
Athena Global Education is an Online Education provider offering self-paced Masters, Doctorate, and Microcredit programs in collaboration with European Universities and Reputed Professional Qualifications Authority. Athena is the latest venture of Westford Education Group, a higher education services provider since 2009.
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SOURCE UniAthena | https://www.mysuncoast.com/prnewswire/2022/04/30/uniathena-enters-into-strategic-partnership-with-acacia-university-usa/ | 2022-04-30T16:49:36Z |
Among the first in the nation, Phillips Lytle's Psychedelics Practice Team combines expertise in pharmaceutical science, FDA regulations and risk management to serve the legal needs of emerging bio-tech sectors
BUFFALO, N.Y., Aug. 18, 2022 /PRNewswire/ -- Phillips Lytle LLP announced the launch of its Psychedelics & Mental Health Therapies Practice Team, which is uniquely equipped to help pharmaceutical companies, research organizations and other stakeholders navigate the evolving legal and regulatory landscape related to the development, approval and use of psychedelic medications. Phillips Lytle Special Counsel Kyle W. Mack, who holds a doctorate in pharmacy, and Lisa L. Smith, a partner with the firm and co-leader of the firm's Life Sciences & Health Effects Team, will lead the practice, bringing together scientist-attorneys and experienced litigators to support clients that are driving innovation in mental health treatments.
Phillips Lytle is a leader nationally and in New York State in forming a multidisciplinary practice to serve the psychedelics industry. The firm's deep expertise in pharmaceutical sciences, FDA regulatory compliance and pharmaceutical product liability litigation and risk management enables it to address complex legal hurdles faced by stakeholders seeking to research, develop, invest in and bring-to-market psychedelic therapies.
"We are at the beginning of a revolution in how mental health conditions are medically treated. As research into the use of psychedelic therapies continues to expand and additional data demonstrate significant positive outcomes in the treatment of mental health conditions, the benefits that psychedelics offer will continue to gain acceptance and understanding across the medical community. Our multidisciplinary team is well prepared to serve clients in this evolving and exciting space," Dr. Mack said.
"The number of companies seeking to bring FDA-approved psychedelic medications to the market has exploded in the last few years. Psychedelics present a new potential path to relief for patients who continue to struggle with mental health conditions despite conventional therapies," he added. "It also creates new opportunities for researchers, entrepreneurs, investors and pharmaceutical companies. With rapid change expected in state and federal laws and regulations governing the industry, we understood the urgency of launching a practice team that provides sophisticated legal counsel bolstered by deep knowledge of science and the pace of innovation."
Preliminary research shows that treatment with classical psychedelic compounds, such as psilocybin, LSD and DMT, the entactogen MDMA, and the dissociative ketamine, can be effective in treating certain mental health disorders including Post-traumatic Stress Disorder (PTSD), Major Depressive Disorder (MDD), and Treatment Resistant Depression (TRD), when used in controlled clinical settings under the supervision of trained professionals. Study and development of these treatments remain challenging as psilocybin, MDMA, DMT and LSD are all listed as DEA Schedule I drugs. However, change appears imminent. In 2022, Oregon became the first state to legalize psilocybin-containing mushrooms for supervised adult administration, and state legislatures across the country, including New York State, are now considering bills related to regulated psychedelic treatments. Federally, the FDA also has granted "breakthrough therapy designation" for MDMA and psilocybin to expedite development and agency review. It is anticipated that MDMA will receive FDA approval for PTSD by the end of 2023, and that psilocybin approval will follow.
"Operating at the intersection of science, technology and the law, this new practice team has the skills necessary to guide the growth of this emerging industry," said Ms. Smith. "Having served as national science counsel for a global pharmaceutical company for over 20 years, with a significant focus on medications for mental health conditions, we understand the challenges of navigating a constantly evolving regulatory environment while working to innovate and improve the treatments available to patients. In addition to global companies, our team of attorneys, who have doctorate degrees in pharmacy, chemistry and physiology, along with our in-house health care professionals and pharmaceutical scientists, will counsel drug developers, investors, entrepreneurs, hospitals, universities and research institutions."
Joining Ms. Smith and Dr. Mack, the practice team will include Special Counsel George Hajduczok, Ph.D., Partner William P. Keefer, Partner Eric M. Kraus, Associate Joshua S. Wallace, Ph.D., Science Specialist Julia M. Markov, Pharm.D., as well as Partner Richard E. Honen (venture capital), Partner Amanda L. Lowe (health care/higher education) and Associate Mary-Jane R. Morley (emerging industries).
The firm's Psychedelics & Mental Health Therapies Practice Team has an established track record in counseling companies, from startups to multinational corporations, in entity and venture formation, financing, commercialization, pre- and post-marketing strategies, regulatory approvals, compliance and enforcement, IRB protocols, clinical trial and informed consent matters, pharmacovigilance, licensing and product litigation.
Building on its work in the life sciences, cannabis and other innovative technologies, this latest entry into an emerging legal field marks another milestone for Phillips Lytle.
Phillips Lytle LLP is a premier regional law firm that is recognized nationally for its legal excellence. With offices across New York State and in Washington, D.C. and Canada, our attorneys serve a multinational client base, including FORTUNE 1000 companies, global and regional financial institutions, not-for-profit organizations, middle-market companies, startups, entrepreneurs, and individuals on important matters affecting their businesses and personal wealth. For more information, visit www.phillipslytle.com.
Contact:
Tracey Mancini
Communications Manager
716-847-8340
tmancini@phillipslytle.com
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SOURCE Phillips Lytle LLP | https://www.kxii.com/prnewswire/2022/08/18/phillips-lytle-launches-psychedelics-amp-mental-health-therapies-practice/ | 2022-08-18T17:56:55Z |
Steady Cadence of Awards Reinforces Leadership in the Dairy Aisle, Recognizing Best-In-Class Quality
WEBSTERVILLE, Vt., May 19, 2022 /PRNewswire/ -- Vermont Creamery, B Corp Certified makers of consciously crafted artisanal cheese and butter, today announced it won the Specialty Food Association's coveted Gold sofi™ Award in the "Other Dairy" category for its Sea Salt Cultured Butter for the sixth time in five years, bringing the brand's total awards to 21 in six years. The coveted award solidifies Vermont Creamery's commitment to high quality artisan butters, creams, and cheeses.
The 2022 award marks the second Gold and third trophy for Vermont Creamery's Sea Salt Cultured Butter. The artisanal quality butter, made in the traditional European style, is cultured overnight, and churned in small batches from fresh, Vermont cream. As a result of this process, it delivers notes of buttermilk and hazelnut, and has a creamy texture.
Vermont Creamery cultured butter first got its start in some of the finest restaurant kitchens in New York City, earning credibility amongst the most discerning chefs in fine dining. After gaining notoriety and momentum in food service, the brand launched successfully at retail just three years ago.
"We've cultivated the craft of cultured butter over the past thirty years; it's more than a product, it's at the center of our heritage," said Adeline Druart, president of Vermont Creamery. "It's an honor to be recognized by our peers at the Specialty Food Association, and in the company of so many talented makers who share our obsession for delicious, high quality food, made with love."
For the complete list of the winners, visit www.specialtyfood.com.
About Vermont Creamery
Founded in 1984 and B Corp certified since 2014, Vermont Creamery is a pioneer of artisan cheese, winning countless national and international awards for their suite of cheeses and cultured dairy products, while supporting a network of family farms and promoting sustainable agriculture in the region. Ranked in June 2021 in the top 10% of most purposeful brands, according to the 2021 Purpose Power Index, Vermont Creamery is an independently operated subsidiary of Minnesota-based Dairy Cooperative Land 'O Lakes, Inc. For more information, visit https://www.vermontcreamery.com.
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SOURCE Vermont Creamery | https://www.wibw.com/prnewswire/2022/05/19/vermont-creamerys-sea-salt-cultured-butter-wins-gold-sofi-award-specialty-food-association-sixth-time/ | 2022-05-19T14:36:15Z |
FORNEBU, Norway, Aug. 22, 2022 /PRNewswire/ -- Mainstream Renewable Power ("Mainstream"), the global renewable energy company majority-owned by Aker Horizons, and Ocean Winds, the international company dedicated to offshore wind energy, have been appointed preferred bidder by Crown Estate Scotland for an area with the potential for a 1.8 GW offshore wind farm off the Shetland Islands in Scotland.
Mainstream and Ocean Winds, as the preferred bidders, are now offered the opportunity to enter into an option agreement for the site which is located east of the Shetland Islands in approximately 100m water depth and is well suited for floating offshore wind. The project partners, which hold a 50-50 ownership, are committed to developing floating offshore wind on an industrial scale in Scotland, generating local jobs and opportunities in Scotland and the Shetland Islands. The site output is expected to power for the equivalent of over 2 million homes.
"We are proud of Mainstream and Ocean Winds' success in the ScotWind process. It is a testament to the strength of the partnership, and to Mainstream's standing as a leading developer of gigawatt-scale renewables platforms with significant offshore technology expertise. This was further reinforced by the company's recent combination with Aker Offshore Wind," said Kristian Røkke, Chief Executive Officer of Aker Horizons and Chairman of Mainstream.
"This is a very significant win for Mainstream, which plays to our key strengths as a global leader in floating offshore wind technology as well as our track record in offshore wind project development," said Mainstream's Chief Executive Officer Mary Quaney. "In Scotland, we have already developed the 450 MW Neart na Gaoithe Offshore Wind Farm and we now look forward to working with all stakeholders to further develop and strengthen Scotland's offshore wind industry and help position it as a global leader in floating offshore wind power."
Mainstream and Aker Offshore Wind in August 2022 completed a transaction to combine the two companies to create a stronger renewable energy company with more than 27 GW net portfolio. Combining Aker Offshore Wind's strong technical and engineering capabilities and early mover position in floating offshore wind with Mainstream's proven project development methodology, execution track record and global presence unlocks new opportunities worldwide. The company is currently bringing forward multi-gigawatt scale developments of offshore wind assets in markets including Vietnam, South Korea, Japan, Norway, Ireland and Sweden.
Mainstream, through its combination with Aker Offshore Wind, has already partnered with Ocean Winds in the joint venture KF Wind in South Korea and are in consortium to bid in the upcoming leasing round for floating wind at Utsira Nord in Norway. Mainstream and Ocean Winds are also major shareholders of the leading floating wind technology provider Principle Power.
"We are proud of the strength that Ocean Winds and Mainstream Renewable Power teams have combined to secure this major new project," said Bautista Rodriguez, Ocean Winds' chief executive officer. "As Ocean Winds, we are looking forward to using our more than 10-year expertise as pioneer in floating offshore wind farms from development to operation to progress this large floating project awarded with Mainstream, as well as the 500 MW floating project also awarded to Ocean Winds during this clearing round. Both will bring major benefits to Shetland and Scotland, and an important contribution to Net Zero."
Ocean Winds was created as a 50-50 joint venture in 2020 by EDP Renewables and ENGIE. The company is one of Scotland's leading offshore wind developers, with 950 MW currently in operation at Moray East and 882 MW in late development stage at Moray West. In January 2022, Ocean Winds was successful in its ScotWind bid, the Caledonia Offshore Wind Farm, with a plan for up to 2 GW.
About Mainstream Renewable Power
Mainstream Renewable Power is a leading pure-play renewable energy company, with wind and solar assets across global markets, including in Europe, the Americas, Africa, and Asia-Pacific. Mainstream is one of the most successful developers of gigawatt-scale renewables platforms, across onshore wind, offshore wind, and solar power generation. It has successfully delivered 6.5 GW of wind and solar generation assets to financial close-ready and has a global portfolio of more than 27 GW.
In May 2021, Aker Horizons acquired a majority stake in Mainstream and, in April 2022, Mitsui & Co., Ltd. joined Aker Horizons as a long-term strategic investor. In August 2022, the transaction to integrate Aker Offshore Wind into the Mainstream Group was completed.
Mainstream is one of the leading developers of offshore wind at scale globally. It has successfully consented Hornsea One (1.2 GW), the largest operational offshore wind plant in the world today; and developed the Hornsea 2 project (1.4 GW) before selling these projects and the entire Zone in 2015. Mainstream fully consented the Neart na Gaoithe offshore wind project in Scotland, where 450 MW is currently under construction. Overall, it has developed and consented 20% of the UK's offshore wind capacity either in operation or under construction. The company is currently bringing forward multi-gigawatt scale developments of offshore wind assets in markets including Vietnam, South Korea, Japan, Norway, Ireland, the UK, and Sweden.
Mainstream, through Aker Horizons' ownership and its combination with Aker Offshore Wind, will leverage the decades of offshore energy development experience through the Aker group. Aker has been instrumental in the design and deployment of more than half of all semisubmersible floating offshore installations in the world and has over four decades of experience in Scotland, including a global subsea centre of excellence.
About Ocean Winds
Oceans Wind (OW) is an international company dedicated to offshore wind energy and created as a 50-50 joint venture, owned by EDP Renewables and ENGIE. Based on our belief that offshore wind energy is an essential part of the global energy transition, we develop, finance, build and operate offshore wind farm projects all around the world.
When EDP and ENGIE combined their offshore wind assets and project pipeline to create OW in 2019, the company had a total of 1.5 GW under construction and 4.0 GW under development; OW has been adding rapidly to that portfolio and is now on a trajectory to reach the 2025 target of 5 to 7 GW of projects in operation, or construction, and 5 to 10 GW under advanced development. In 2022, OW's offshore wind gross capacity already operating, in construction or with advanced development rights granted reaches 14.5 GW.
OW, headquartered in Madrid, is currently present in 8 countries, and primarily targets markets in Europe, the United-States, selected parts of Asia, and Brazil.
For more information: www.oceanwinds.com
About Aker Horizons
Aker Horizons develops green industrial projects and technologies that accelerate the net zero transition. The company holds assets across renewable energy and carbon capture, and develops green industrial hubs that combine low-cost renewable energy with hydrogen production and downstream applications. As part of the Aker group and its 180-year industrial heritage, Aker Horizons applies industrial, technological and capital markets expertise to solve fundamental challenges to sustainable existence. Aker Horizons is listed on the Oslo Stock Exchange and headquartered in Fornebu, Norway. Through its portfolio companies, Aker Horizons employs over 1,200 people across 18 countries and five continents. www.akerhorizons.com
For further information, please contact:
Ivar Simensen, Communications, Tel: +47 46 40 23 17,
ivar.simensen@akerhorizons.com
Christian Yggeseth, Investor Relations, Tel: +47 915 10 000,
christian.yggeseth@akerhorizons.com
This information is considered to include inside information pursuant to the EU Market Abuse Regulation article 17 and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Ivar Simensen, Communications at Aker Horizons ASA, on August 22, 2022 at 10:20 CEST.
This information was brought to you by Cision http://news.cision.com
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SOURCE Aker Horizons | https://www.mysuncoast.com/prnewswire/2022/08/22/mainstream-renewable-power-ocean-winds-win-18-gw-scotwind-site/ | 2022-08-22T09:39:17Z |
Company Secures Major Industry Recognition for Revolutionary Tech-Enabled Water Heater Forecaster
GALESBURG, Ill., April 22, 2022 /PRNewswire/ -- Intellihot, a clean technology manufacturer that creates innovative, sustainable solutions for the built environment, today announced it has been named the winner of the Best New Product in the Software category at the Edison Awards for its telliBot_ai software.
The telliBot_ai software uses advanced intelligence and sensory technology to more accurately predict the remaining life of existing water heaters. This software provides customers with more efficient and reliable predictions while also reducing costs and helping the environment. Current telliBot_ai customers include Benihana Inc., the international restaurant chain, and RA Sushi.
"Here at Intellihot, we pride ourselves on quality and innovation," said Intellihot founder and CEO, Sridhar Deivasigamani, who attended the Edison Awards in person. "To be recognized for that at the Edison Awards is an honor and helps us to position ourselves as a leading innovative clean technology company."
"The expert Edison Award judges were impressed with Intellihot's telliBot_ai powered analyzer with its ability to assist consumers in achieving their sustainability goals, while improving the performance and longevity of their water heaters," said Frank Bonafilia, Executive Director of the Edison Awards.
"The peace of mind Intellihot's telliBot_ai has given us has been invaluable," said JoDee Johnson, Senior Director of Design, Construction and Facilities at Benihana, Inc. "It offers us increased efficiency, reliability, and sustainability that is crucial to our day-to-day operations. We cannot afford the time, cost, or energy it would take to resolve unexpected water heater malfunctions but the telliBot_ai ensures that we will never have to."
Intellihot's clean technology products are used across the country by large facilities including hotels, restaurants, stadiums, hospitals, and more. Current Intellihot customers include Hilton, Marriott, Hyatt, Benihana, and Levi's Stadium, home of the NFL's San Francisco 49ers.
About Intellihot
Founded in 2009, Intellihot creates transformative, next-generation technology solutions to transform the built environment, providing customers with increased efficiency, reliability, safety, and sustainability. Purpose-built for commercial applications, Intellihot's advanced technology solutions are carefully engineered to provide decades of reliable and predictable service, reducing water and energy waste as well as capital and operating costs for customers.
To learn more about Intellihot, please visit intellihot.com and follow the company on Twitter and LinkedIn.
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SOURCE Intellihot | https://www.mysuncoast.com/prnewswire/2022/04/22/intellihots-tellibotai-wins-best-new-product-software-category-2022-edison-awards/ | 2022-04-23T00:33:45Z |
Zurich wins Swiss league, ends 13-year wait for title
BASEL, Switzerland (AP) — Zurich has been crowned champion of Switzerland to end a 13-year wait for a league title. Zurich won 2-0 at second-place Basel on Sunday to move 16 points clear with four rounds left. Zurich’s first title since 2009 ended a four-year title run by Young Boys. It came in Zurich coach André Breitenreiter’s first season in Swiss soccer. He previously coached Schalke and Hannover in Germany. Zurich will enter the Champions League likely in the second qualifying round that starts in July. | https://localnews8.com/sports/ap-national-sports/2022/05/01/zurich-wins-swiss-league-ends-13-year-wait-for-title/ | 2022-05-01T20:50:03Z |
Three-Hour Football Preview Special Airs LIVE Saturday, September 3rd at 12 noon ET from the Pro Football Hall of Fame in Canton, Ohio on HBCU GO and Features Interviews with NFL, HBCU Alumni and Icons Including Deion Sanders, Doug Williams, Troy Vincent, Carl Francis, Will Packer, Tracey Edmonds, Keisha Knight Pulliam and More
LOS ANGELES, Sept. 1, 2022 /PRNewswire/ -- Byron Allen's Allen Media Group (AMG) FREE-streaming digital platform, HBCU GO -- the leading media provider for the nation's 107 Historically Black Colleges and Universities (HBCUs) will launch its inaugural football season with an event special featuring the nation's top Gridiron NFL and Black College Football Hall of Famers and HBCU Alums. The "The HBCU GO Sports Kickoff Show" is not your average game day program. This star-studded special offers fans an exclusive look at the cultural engagement that can only be experienced at an HBCU football game. The pre-season show will air LIVE on Saturday, September 3 at 12 noon/ET on the AMG platforms HBCU GO, theGrio television network, theGrio Streaming App, Sports.TV, Local Now, and on broadcast television stations throughout the U.S.
Led by legendary HBCU sports analyst Charlie Neal, with color commentary by Jon Kelley and sideline reporting by Ashley Holder, the HBCU GO sportscasters will provide insight about the nation's HBCU conferences, the Black College Football Hall of Fame and authentic, thought-provoking analysis of the competition on the field. The all-star team will offer viewers a taste of what they can expect every Saturday this fall from the action-packed Southwestern Athletic Conference (SWAC) and the Central Intercollegiate Athletic Conference (CIAA) football schedule.
This three-hour football preview special will showcase the college marching bands, provide player profiles, game highlights, exclusive interviews and cameos from NFL and HBCU alumni and icons including: Pro Football Hall of Fame member and Jackson State University head coach, Deion Sanders, Pro Football Hall of Fame quarterback Doug Williams, NFL legend and current Executive Vice President, Troy Vincent, NFL Players Association Communications and Brand Manager Carl Francis, film and television producer Will Packer, Emmy and NAACP award-winning film and television producer Tracey Edmonds, actress Keisha Knight Pulliam, and many more.
"The HBCU GO Sports Kickoff Show is another great milestone for America's Historically Black Colleges and Universities," said Byron Allen, Founder/Chairman/CEO of Allen Media Group. "We at Allen Media Group are one-thousand percent committed to building the HBCU sports conferences into great American franchises."
"The HBCU GO Sports Kickoff Show" will be broadcast live from the Pro Football Hall of Fame in Canton, Ohio – also home to the Black College Football Hall of Fame
For more information about HBCU GO visit HBCUGO.TV or follow us on Facebook, Twitter, YouTube, Instagram.
About HBCU GO
HBCU GO is a cultural lifestyle destination and leading sports media provider that embraces and represents the voice of Black Excellence every day of the year through an all-new platform that captures the rich history, diversity, perspectives, and cultural experiences at Historically Black Colleges and Universities (HBCUs). HBCU GO also provides a platform for emerging creatives in media production, branding, and broadcasting. We offer our viewers the best in live sports, original series, documentaries, films, comedy, and edutainment programming produced by African-American leading producers, directors, and students from select HBCUs.
Launched in 2012, the free-streaming service HBCU GO was purchased by Byron Allen in 2021 and is part of Byron Allen's Allen Media Group (AMG). AMG is headquartered in Los Angeles with offices in New York, Chicago, Atlanta, and Charleston, SC. AMG owns 27 ABC-NBC-CBS-FOX network affiliate broadcast television stations in 21 U.S. markets and twelve 24-hour HD television networks serving nearly 220 million subscribers: THE WEATHER CHANNEL, THE WEATHER CHANNEL EN ESPAÑOL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, JUSTICE CENTRAL.TV, THEGRIO, THIS TV, and PATTRN. AMG also owns the streaming platforms HBCU GO, THE GRIO STREAMING APP, SPORTS.TV, THE WEATHER CHANNEL STREAMING APP, and LOCAL NOW -- the free-streaming AVOD service powered by THE WEATHER CHANNEL and content partners, which delivers real-time, hyper-local news, weather, traffic, sports, and lifestyle information. For more information, visit www.entertainmentstudios.com and www.hbcugo.tv
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SOURCE Allen Media Group | https://www.kxii.com/prnewswire/2022/09/02/byron-allens-hbcu-go-announces-the-hbcu-go-sports-kickoff-show/ | 2022-09-02T03:47:01Z |
MEXICO CITY, April 28, 2022 /PRNewswire/ -- Grupo Rotoplas, S.A.B. de C.V. (BMV: AGUA*) ("Rotoplas" or "The Company"), the leading provider of water-solutions in the Americas, announces the release of its 2021 Annual Integrated Report.
"Our purpose and mission inspire every decision we make, just like water, we are constantly in movement, progressing towards our maximum potential.
We know that Rotoplas' future is being shaped today.
We invite you to learn more about our results through this Annual Report, which is part of our commitment to transparency and to all our stakeholders. The report has been prepared in accordance with the GRI standards and also follows SASB (Sustainability Accounting Standards Board) guidelines as well as the TCFD (Task Force on Climate-related Financial Disclosures) recommendations. For the first time, we have also incorporated the Measuring Stakeholder Capitalism table, proposed by the World Economic Forum.
We encourage you to continue to join us on this path towards sustainable development in which we can change the lives of thousands of people while respecting the environment."
Go to the Report: https://rotoplas.com/investors/rtp_resources/eng/annual-report/2021/annual-report-rotoplas-2021.pdf
IR Contacts
About the Company
Grupo Rotoplas S.A.B. de C.V. is America's leading provider of water solutions, including products and services for storing, piping, improving, treating and recycling water. With over 40 years of experience in the industry and 19 plants throughout the Americas, Rotoplas is present in 14 countries and has a portfolio that includes 27 product lines, a services platform and an e-commerce business. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA" since December 10, 2014.
Pedregal 24, piso 19, Col. Molino del Rey
Miguel Hidalgo
C.P. 11040, Ciudad de México
T. +52 (55) 5201 5000
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SOURCE Grupo Rotoplas S.A.B. de C.V. | https://www.mysuncoast.com/prnewswire/2022/04/28/annual-integrated-report-2021/ | 2022-04-28T21:10:46Z |
South Dakota State cruises past Seton Hall 82-50 wins WNIT
BROOKINGS, S.D. (AP) — Kallie Theisen scored a career-high 16 points and grabbed 11 rebounds, Myah Selland added 12 points, 11 rebounds and five assists and South Dakota State beat Seton Hall 82-50 in the championship game to win the program’s first WNIT title. Haleigh Timmer added 14 points, Paiton Burckhard scored 13 and Tori Nelson 11 for South Dakota State (29-9). The Jackrabbits, who never trailed, scored 15 consecutive points to cap a 21-1 run that made it 25-5 with a minute left in the first quarter. Seton Hall (24-13) went more than 7 minutes without a field goal during that span and trailed by at least 20 points throughout the second half. Sydney Cooks led the Pirates with 14 points and nine rebounds but made just 6 of 18 from the field. | https://localnews8.com/sports/ap-national-sports/2022/04/02/south-dakota-state-cruises-past-seton-hall-82-50-wins-wnit/ | 2022-04-02T22:14:23Z |
WASHINGTON, June 17, 2022 /PRNewswire/ -- Summer is officially kicking off, and heat-related emergencies are on the rise during the warmer months. The American College of Emergency Physicians (ACEP) shares suggestions to help everyone enjoy summer safely and recognize when heat illness becomes an emergency.
"Overexposure to the sun or heat can turn into an emergency faster than most people expect," said Gillian Schmitz, MD, FACEP, president of ACEP. "Enjoy the summer and avoid the emergency department by preventing heat-related illness and knowing the signs of an emergency."
Monitor the amount of time spent in the sun, especially for older adults or children. Wear sunscreen and loose-fitting clothing. Consider limiting exercise and strenuous physical activity to the morning or evening hours. Don't forget to drink plenty of water, and wear sunglasses to protect your eyes.
Spending additional time outside can lead to sunburns. Mild irritation or blisters from a sunburn can be treated at home or as directed by a physician. A sunburn becomes an emergency when it is accompanied by fever or chills, nausea or vomiting, or confusion.
Staying out in the sun too long can also result in heat stroke or other dangerous emergencies. Worrisome signs of heat cramps include muscle spasms in the legs or stomach. Treat cramps by resting in a cool place and giving small amounts of fluid, if the person is conscious. Do not administer salt tablets and check for signs of heat-related illness.
Early signs of heat illness include cool, moist, pale, or flushed skin, headache, lightheadedness, or weakness. People with these symptoms should immediately rest in a cool place, drink non-alcoholic and non-caffeinated fluids, and apply a cool wet cloth or water mist. For continued or worsening heat-related symptoms and illness, a person can be cooled by placing cold packs on wrists and ankles, the groin area, neck, and armpits.
Call 911 or seek immediate medical attention when symptoms include pale skin, rapid pulse, nausea or vomiting, confusion, loss of consciousness, or high body temperature. If the person becomes unconscious, administer CPR if trained to do so.
Whether traveling or running errands in the hot sun, never leave a child or pet unattended in a hot car. Temperatures inside a vehicle, even with the window cracked open, can soar to dangerous levels in only minutes.
"Many heat emergencies are preventable," said Dr. Schmitz. "Drink plenty of water and take breaks from the sun when the day's plans include significant time outside. If a medical crisis occurs, emergency physicians are ready to care for you."
The American College of Emergency Physicians (ACEP) is the national medical society representing emergency medicine. Through continuing education, research, public education, and advocacy, ACEP advances emergency care on behalf of its 40,000 emergency physician members, and the more than 150 million people they treat on an annual basis. For more information, visit www.acep.org and www.emergencyphysicians.org.
Twitter @EmergencyDocs
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SOURCE American College of Emergency Physicians (ACEP) | https://www.mysuncoast.com/prnewswire/2022/06/17/tips-emergency-physicians-avoid-heat-emergency/ | 2022-06-17T16:07:38Z |
As schools race to make up for classroom time they lost during the pandemic, many are grappling with a simple but vexing question: Which students need help most urgently, and what kind?
Many schools saw large numbers of students fall under the radar when learning went online for the pandemic. Many skipped class, tests and homework. Record numbers of families opted out of annual standardized tests, leaving some districts with little evidence of how students were doing in reading and math.
Now districts are trying to address that lack of information by adding new tests, training teachers to spot learning gaps and exploring new ways to identify students who need help. In many districts, the findings are being used to guide the spending of billions of dollars in federal relief that's meant to address learning loss and can be used in myriad ways.
New York City is adding three rounds of testing this year, hoping to pinpoint which students are behind. Similar tests are being used in Virginia's Fairfax County, which is allotting larger shares of funding to schools with lower scores. Chicago is prioritizing students using a ranking system that factors in their grades and also rates of COVID-19 and violent crime near their homes.
"Understanding completely where students are and what those gaps or challenges might be for them — that is going to be a challenge for us," said Debbie Durrence, the data officer for Gwinnett County, Georgia.
Her team, which serves the 180,000-student district, has started tracking a new metric: "missingness." In regular reports, the team aims to log what is known about each student's learning progress, but also what is unknown. Schools have been asked to help fill in gaps, and students are being tested more frequently.
For students, disruptions related to the pandemic are still reverberating. Now that Lorena Rivera's twin daughters are back in the classroom in Boston, some of their teachers have quit mid-year or gotten sick with COVID-19. The 14-year-old twins struggled with virtual learning, feeling like they had nowhere to turn when they had trouble with math problems.
"There was a lot of giving up — it was hard," Rivera said.
Her daughters, Elizabeth and Amerie Allder, have since found support through a local tutoring program, Boston Partners in Education, but Rivera wonders whether their school knows how her daughters are doing.
"I'm not sure because every time you meet with someone, they give you something different," she said. "Some teachers say they're doing great, others say they can do better."
Early results of data gathering by some of the country's biggest school districts confirm what many had feared: Groups of students that already faced learning gaps before the pandemic, including black and Hispanic students and those from low-income families, appear to be behind in even greater numbers now.
Last year, public schools in Houston found that 45% of black and Hispanic students had at least one failing grade. That was up from 30% in 2019, and nearly three times the rate of white students.
In Fairfax County, tests given this fall found that 68% of Hispanic elementary school students need intervention in math, up from 55% in 2019. Students learning English saw a similar increase. A quarter of white students were flagged for help, up from 19% in 2019.
Similar inequities are turning up at schools across the country, said Robin Lake, director of the Center on Reinventing Public Education, a national research group. It suggests that longstanding inequities are widening, she said, which could translate to deeper learning and income gaps for generations to come.
States have been raising alarms, urging schools to focus on students who spent more time away from school. Utah's education officials found that students who missed last year's exams were far more likely to be Native American or Hispanic, prompting an urgent call to find those students and "prevent them from falling into an academic spiral."
Many bigger districts already had testing regimes and data systems to find students who are falling behind, while some are scrambling to catch up. But not all major districts are analyzing the data or making it public.
New York City is spending $36 million on new testing, but officials said they don't have district-wide results. Instead, they said the tests are being used at the school level to help teachers support students.
Schools in Chicago were encouraged to use a new screening exam, but a district spokesperson declined to provide the results.
In Fairfax County, where more than 20% of students opted out of state tests last year, district officials attempted to fill in the gaps by giving students informal, low-stakes tests to measure their progress this fall.
"We've been working to figure out which students need the most targeted support most quickly," said Amy Goodloe, principal of Rocky Run Middle School. Teachers have used test results to find concepts students struggle with and create plans to get them up to speed, she said.
The results are also guiding the district as it divides $188 million in federal funding among nearly 200 schools. In many buildings, the money is being used to add staff who help students in small groups, or to hire tutors for more personal help after school.
Testing increases in some districts have led to pushback from parents and teachers who say it takes away from valuable classroom time, but proponents say it's a crucial step toward understanding the impact of the pandemic.
In Texas, a law passed last year requires 30 hours of tutoring for students who did not pass state exams last year. It applies to students who failed tests but also those who didn't take exams.
In Houston, the state's largest district, officials are hiring more tutors but haven't added new tests.
"Increasing the numbers of assessments isn't going to yield a different result, it just would impact the amount of instructional time we have as a district," said Margarita Gardea, who oversees elementary curriculum and instruction.
Finding tutors, though, has been a challenge in many areas amid a sudden surge in demand.
In Florida's Miami-Dade County, school officials created a new learning loss index based on assessments, attendance and state exams, and then ranked students based on need. The district brought back retired teachers to work as tutors on a temporary basis, and it's expanding summer school, Saturday classes and other programs.
So far, test results have shown some progress toward getting students up to grade level, but thousands of students are still behind.
"The bottom line is that we have such a loss that it will take some time," said Gisela Feild, administrative director of assessment, research and data analysis. "You can't make up that kind of a loss in one year." | https://www.tdtnews.com/news/article_05eedb86-ba5b-11ec-bc6f-a7a83ebd60bb.html | 2022-04-12T16:29:12Z |
How Kristin Chenoweth is connected to the Girl Scout murders
By Lisa Respers France, CNN
Kristin Chenoweth believes getting sick may have saved her life when she was a child.
In the trailer for the docuseries “Keeper of the Ashes: The Oklahoma Girl Scout Murders,” the Tony-winning actress has revealed that she was scheduled to be on a camping trip during which three of her Girl Scout friends were sexually assaulted and murdered in 1977.
“This is a story I wish I never had to tell,” Chenoweth says in the trailer. “It haunts me every day.”
Chenoweth returned to her home state to participate in reexamining the murders of Lori Lee Farmer, 8, Michele Heather Guse, 9, and Doris Denise Milner, 10, at Camp Scott near Locust Grove, Oklahoma.
In the trailer, the actress explains how much she loved going to camp as a Girl Scout and how she saw the troop members as her “sisters.”
“I never once thought anything bad could happen,” she says. “But I came to learn what murder was.”
Police arrested a local man, Gene Leroy Hart, and charged him with the crimes.
According to an article from the St. Petersburg Times, Hart was acquitted of the charges, but was was returned to prison to continue serving sentences for rape, kidnapping and burglary stemming from other prior convictions.
He reportedly died in prison in 1979.
The docuseries will include an investigation of DNA collected from the crime scene in an attempt to definitively determine the identity of the murderer.
“There’s no closure,” Chenoweth says. “There’s no pretty red bow at the end.”
“Keeper of the Ashes: The Oklahoma Girl Scout Murders” premieres May 24 on Hulu.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/17/how-kristin-chenoweth-is-connected-to-the-girl-scout-murders/ | 2022-05-17T16:20:56Z |
(NewsNation) — With airports across the country only getting busier, TSA says it’s stepping up its efforts and bringing in more TSA agents to help alleviate the long lines.
In Miami, there are more than 150,000 travelers a day — that’s up 17% from last month.
More people are traveling, and the summer rush hasn’t even started yet.
AAA officials are predicting 60% more people will travel this year than last year — that’s about 37 million people — almost to pre-pandemic numbers.
On Memorial Day alone, nearly 2.5 million people will board a plane. That’s why TSA officials say they’re rolling out a new plan to put more TSA screeners in bigger, busier airports.
The chief of the Transportation Security Administration said Tuesday that his agency has quadrupled the number of employees who could bolster screening operations at airports that become too crowded this summer.
Nearly 1,000 employees have volunteered to be sent to other airports if needed to help passengers get through security lines faster. And travelers say long lines won’t be a deterrent this summer.
It’s part of the agency’s plan for handling what is projected to be a frenetic vacation-travel season.
“We expect this to be a busy summer, and we are as ready as we possibly can be,” Pekoske said at a news conference near Dallas/Fort Worth International Airport. “We’re likely going to exceed in some airports by good measure the 2019 numbers.”
TSA currently has 47,500 employees at security checkpoints throughout the country. It says when the lines get longer than 30 minutes, more help is called in.
Pekoske said TSA tries to predict when wait times in the standard checkpoint lanes will be at least 30 minutes, or when waits for PreCheck travelers will be at least 10 minutes. When that happens, volunteers from less-crowded airports will be sent to help reduce the waits at busy airports.
TSA has screened more than 2.1 million travelers over the last month. That’s almost as much as 2019 — and travel experts say they expect this number to drastically go up over the next few weeks.
Airlines are expecting summer crowds to be similar to 2019, preparing for the busy season by posting ambitious schedules for the summer vacation months. Some airlines have recently trimmed those plans out of fear that they won’t have enough employees to operate every flight.
International travel is still far below pre-pandemic levels.
The Associated Press contributed to this report. | https://cw33.com/news/national/nexstar-media-wire/tsa-plans-for-summer-travel-rush/ | 2022-05-15T14:14:18Z |
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